﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2011v1.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-07-18T14:24:53-05:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>KENNETH TOTILO CPA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>1510 OCEAN PKWY D10</AddressLine1>
        <City>BROOKLYN</City>
        <State>NY</State>
        <ZIPCode>11230</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>136168259</EIN>
      <Name>
        <BusinessNameLine1>THE DOBSON FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>DOBS</NameControl>
      <Phone>2125350019</Phone>
      <USAddress>
        <AddressLine1>3 WEST 35TH STREET</AddressLine1>
        <AddressLine2>ROOM/SUITE 9TH FL</AddressLine2>
        <City>NEW YORK</City>
        <State>NY</State>
        <ZIPCode>10001</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>SARAH JEFFORDS RADCLIFF</Name>
      <Title>PRESIDENT</Title>
      <Phone>2125350019</Phone>
      <DateSigned>2012-06-12</DateSigned>
    </Officer>
    <Preparer>
      <Name>KENNETH TOTILO</Name>
      <Phone>7186451016</Phone>
      <DatePrepared>2012-06-13</DatePrepared>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="8">
    <IRS990PF documentId="RetDoc1">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>5304642</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <InterestOnSavingsRevAndExpnss>123794</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>123794</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>95520</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>95520</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss referenceDocumentId="RetDoc4">43864</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>833088</GrossSalesPrice>
        <TotalRevenueAndExpenses>263178</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>219314</TotalNetInvestmentIncome>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc2">5700</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>3802</AccountingFeesNetInvstIncm>
        <AccountingFeesDsbrsChrtblPrps>1904</AccountingFeesDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc8">7081</TaxesRevAndExpnss>
        <OccupancyRevAndExpnss>27600</OccupancyRevAndExpnss>
        <OccupancyNetInvstIncm>18409</OccupancyNetInvstIncm>
        <OccupancyDsbrsChrtblPrps>9218</OccupancyDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc7">169</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>169</OtherExpensesNetInvstIncm>
        <TotOprExpensesRevAndExpnss>40550</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>22380</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>11122</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>184337</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>184337</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>224887</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>22380</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>195459</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>38291</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>196934</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>499419</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>298911</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>298911</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>1045973</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc6">1091672</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>2518561</InvestmentsCorpStockEOYFMV>
        <InvestmentsCorpBondsBOY>2161985</InvestmentsCorpBondsBOY>
        <InvestmentsCorpBondsEOY referenceDocumentId="RetDoc5">2355085</InvestmentsCorpBondsEOY>
        <InvestmentsCorpBondsEOYFMV>2487170</InvestmentsCorpBondsEOYFMV>
        <TotalAssetsBOY>3707377</TotalAssetsBOY>
        <TotalAssetsEOY>3745668</TotalAssetsEOY>
        <TotalAssetsEOYFMV>5304642</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>3707377</RetainedEarningsBOY>
        <RetainedEarningsEOY>3745668</RetainedEarningsEOY>
        <TotalNetAssetsBOY>3707377</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>3745668</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>3707377</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>3745668</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>3707377</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>38291</ExcessOfRevenueOverExpenses>
        <Subtotal>3745668</Subtotal>
        <TotalNetAssetsFundBalancesEOY>3745668</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>205039</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>4643107</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.044160</DistributionRatioYear1>
        <QualifyingDistributionsYear2>212105</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>4392995</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.048283</DistributionRatioYear2>
        <QualifyingDistributionsYear3>211324</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>4852889</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.043546</DistributionRatioYear3>
        <QualifyingDistributionsYear4>199592</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>5175514</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.038565</DistributionRatioYear4>
        <QualifyingDistributionsYear5>222622</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>4705116</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.047315</DistributionRatioYear5>
        <TotalDistributionRatio>0.221869</TotalDistributionRatio>
        <AverageDistributionRatio>0.044374</AverageDistributionRatio>
        <NetNoncharitableAssets>5064642</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>224738</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>1969</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>226707</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>195459</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>3939</InvestmentIncomeExciseTax>
        <Subtotal>3939</Subtotal>
        <TaxBasedOnInvestmentIncome>3939</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>5400</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>5400</TotalCreditsAndPayments>
        <Overpayment>1461</Overpayment>
        <AmountCreditedToNextYear>1461</AmountCreditedToNextYear>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>NY</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>SARAH JEFFORDS RADCLIFF</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>2125350019</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>35 WEST 35TH ST 9TH FLOOR</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10001</ZIPCode>
        </BooksInCareOfUSAddress>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc3">SARAH JEFFORDS RADCLIFF</PersonName>
          <USAddress>
            <AddressLine1>3 WEST 35TH STREET 9TH FLOOR</AddressLine1>
            <AddressLine2>3 WEST 35TH STREET 9TH FLOOR</AddressLine2>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10001</ZIPCode>
          </USAddress>
          <Title>PRESIDENT</Title>
          <AvgHoursPerWkDevotedToPosition>10.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Description1>N/A</Description1>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>4770084</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>371685</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>5141769</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>5141769</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>77127</CashDeemedCharitable>
        <NetNoncharitableAssets>5064642</NetNoncharitableAssets>
        <MinimumInvestmentReturn>253232</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>253232</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>3939</TaxBasedOnInvestmentIncome>
        <TotalTax>3939</TotalTax>
        <DistributableAmountBeforeAdj>249293</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>249293</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>249293</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>195459</ExpensesAndContributions>
        <QualifyingDistributions>195459</QualifyingDistributions>
        <AdjQualifyingDistributions>195459</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>249293</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>93520</UndistributedIncomePriorYear>
        <QualifyingDistributions>195459</QualifyingDistributions>
        <AppliedToYear1>93520</AppliedToYear1>
        <AppliedToCurrentYear>101939</AppliedToCurrentYear>
        <UndistributedIncomeCY>147354</UndistributedIncomeCY>
      </UndistributedIncome>
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SEE ATTACHED PDF SCHEDULE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>SEE ATTACHED PDF</AddressLine1>
            <City>NY</City>
            <State>NY</State>
            <ZIPCode>10001</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>TO ACCOMPLISH 501(C)(3) PURPOSE</PurposeOfGrantOrContribution>
          <Amount>184337</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>184337</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>123794</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>95520</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <RelatedOrExemptFunctionIncome>43864</RelatedOrExemptFunctionIncome>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>219314</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>43864</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>263178</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2">
      <AccountingFees>
        <Category>KENNETH A. TOTILO, CPA</Category>
        <Amount>5700</Amount>
        <NetInvestmentIncome>3802</NetInvestmentIncome>
        <DisbursementsCharitablePrps>1904</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <CompensationExplanation documentId="RetDoc3">
      <Compensation>
        <PersonName>SARAH JEFFORDS RADCLIFF</PersonName>
      </Compensation>
    </CompensationExplanation>
    <GainLossSaleOtherAssetsSch documentId="RetDoc4">
      <GainLossSaleOtherAsset>
        <Name>SEE ATACHED PDF DETAIL SCHEDULE</Name>
        <DateAcquired>2011-01</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-08</DateSold>
        <GrossSalesPrice>370588</GrossSalesPrice>
        <Basis>326381</Basis>
        <TotalNet>44207</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>SEE ATACHED PDF DETAIL SCHEDULE</Name>
        <DateAcquired>2000-01</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-10</DateSold>
        <GrossSalesPrice>462500</GrossSalesPrice>
        <Basis>462843</Basis>
        <TotalNet>-343</TotalNet>
      </GainLossSaleOtherAsset>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpBondsSchedule documentId="RetDoc5">
      <InvestmentsCorpBonds>
        <NameOfBond>SEE ATTACHED SCHEDULE</NameOfBond>
        <EOYBookValue>2355085</EOYBookValue>
        <EOYFMV>2487170</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc6">
      <InvestmentsCorpStock>
        <NameOfStock>SEE ATTACHED SCHEDULE</NameOfStock>
        <EOYBookValue>1091672</EOYBookValue>
        <EOYFMV>2518561</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc7">
      <OtherExpenses>
        <Description>EXPENSES</Description>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BANK/BROKERAGE FEE</Description>
        <RevenueAndExpensesPerBooks>60</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>60</NetInvestmentIncome>
      </OtherExpenses>
      <OtherExpenses>
        <Description>SAFE DEPOSIT BOX</Description>
        <RevenueAndExpensesPerBooks>109</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>109</NetInvestmentIncome>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="RetDoc8">
      <Taxes>
        <Category>NYS DEPARTMENT OF LAW</Category>
        <Amount>250</Amount>
      </Taxes>
      <Taxes>
        <Category>FEDERAL EXCISE TAX</Category>
        <Amount>6831</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>