﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2011v1.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-05-15T10:22:48-04:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>BKD LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>201 N Illinois Street</AddressLine1>
        <City>Indianapolis</City>
        <State>IN</State>
        <ZIPCode>46204</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>352157113</EIN>
      <Name>
        <BusinessNameLine1>Philip J Wilhelm Foundation Inc</BusinessNameLine1>
        <BusinessNameLine2>C/O Chris Wilhelm President</BusinessNameLine2>
      </Name>
      <InCareOfName>% GEORGE GABOR BKD LLP</InCareOfName>
      <NameControl>PHIL</NameControl>
      <Phone>3176358900</Phone>
      <USAddress>
        <AddressLine1>3914 Prospect St</AddressLine1>
        <City>Indianapolis</City>
        <State>IN</State>
        <ZIPCode>46206</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>CHRIS WILHELM</Name>
      <Title>PRESIDENT</Title>
      <DateSigned>2012-05-15</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Phone>3173834000</Phone>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="12">
    <IRS990PF documentId="IRS990PF">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>520139</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>180123</ContriReceivedRevAndExpnss>
        <InterestOnSavingsRevAndExpnss>8</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>8</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>7192</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>7142</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>919</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>27453</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>919</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>188242</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>8069</TotalNetInvestmentIncome>
        <LegalFeesRevAndExpnss referenceDocumentId="LegalFeesSch">88</LegalFeesRevAndExpnss>
        <LegalFeesNetInvstIncm>0</LegalFeesNetInvstIncm>
        <LegalFeesAdjNetIncm>0</LegalFeesAdjNetIncm>
        <LegalFeesDsbrsChrtblPrps>88</LegalFeesDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="AccountingFeesSch">3800</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>0</AccountingFeesNetInvstIncm>
        <AccountingFeesAdjNetIncm>0</AccountingFeesAdjNetIncm>
        <AccountingFeesDsbrsChrtblPrps>3800</AccountingFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="OthProfFeesSch">4485</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>4485</OtherProfFeesNetInvstIncm>
        <TaxesRevAndExpnss referenceDocumentId="TaxesSchedule">189</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>189</TaxesNetInvstIncm>
        <OtherExpensesRevAndExpnss referenceDocumentId="OtherExpensesSch">213</OtherExpensesRevAndExpnss>
        <OtherExpensesDsbrsChrtblPrps>213</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>8775</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>4674</TotOprExpensesNetInvstIncm>
        <TotOprExpensesAdjNetIncm>0</TotOprExpensesAdjNetIncm>
        <TotOprExpensesDsbrsChrtblPrps>4101</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>59500</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>59500</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>68275</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>4674</TotalExpensesNetInvstIncm>
        <TotalExpensesAdjNetIncm>0</TotalExpensesAdjNetIncm>
        <TotalExpensesDsbrsChrtblPrps>63601</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>119967</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>3395</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>28177</CashBOY>
        <CashEOY>51160</CashEOY>
        <CashEOYFMV>51160</CashEOYFMV>
        <InvestmentsOtherBOY>384097</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="InvOtherSch2">481080</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>469219</InvestmentsOtherEOYFMV>
        <OtherAssetsBOY referenceDocumentId="OtherAssetsSch">-241</OtherAssetsBOY>
        <OtherAssetsEOY referenceDocumentId="OtherAssetsSch">10028</OtherAssetsEOY>
        <OtherAssetsEOYFMV referenceDocumentId="OtherAssetsSch">-240</OtherAssetsEOYFMV>
        <TotalAssetsBOY>412033</TotalAssetsBOY>
        <TotalAssetsEOY>542268</TotalAssetsEOY>
        <TotalAssetsEOYFMV>520139</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>412033</RetainedEarningsBOY>
        <RetainedEarningsEOY>542268</RetainedEarningsEOY>
        <TotalNetAssetsBOY>412033</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>542268</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>412033</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>542268</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>412033</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>119967</ExcessOfRevenueOverExpenses>
        <OtherIncreases referenceDocumentId="OtherIncreasesSch">10268</OtherIncreases>
        <Subtotal>542268</Subtotal>
        <TotalNetAssetsFundBalancesEOY>542268</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>781.308 SHS FAIRHOLME FDS COM</DescriptionOfAsset>
          <DateSold>2011-04-21</DateSold>
          <GrossSalesPrice>26962</GrossSalesPrice>
          <CostOrOtherBasis>26534</CostOrOtherBasis>
          <GainOrLoss>428</GainOrLoss>
          <GainsMinusExcessOrLosses>428</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>CAPITAL GAIN DIVIDENDS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>491</GainOrLoss>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>919</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>183171</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>320706</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.571149</DistributionRatioYear1>
        <QualifyingDistributionsYear2>78438</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>269320</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.291245</DistributionRatioYear2>
        <QualifyingDistributionsYear3>88972</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>393417</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.226152</DistributionRatioYear3>
        <QualifyingDistributionsYear4>77811</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>508207</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.153109</DistributionRatioYear4>
        <QualifyingDistributionsYear5>11405</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>484733</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.023528</DistributionRatioYear5>
        <TotalDistributionRatio>1.265183</TotalDistributionRatio>
        <AverageDistributionRatio>0.253037</AverageDistributionRatio>
        <NetNoncharitableAssets>465637</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>117823</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>34</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>117857</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>63601</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>68</InvestmentIncomeExciseTax>
        <Subtotal>68</Subtotal>
        <TaxBasedOnInvestmentIncome>68</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>405</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>405</TotalCreditsAndPayments>
        <Overpayment>337</Overpayment>
        <AmountCreditedToNextYear>337</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>IN</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>GEORGE GABOR BKD LLP</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>3173834000</BooksInCareOfPhoneNumber>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <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>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>CHRISTOPHER WILHELM</PersonName>
          <USAddress>
            <AddressLine1>3914 PROSPECT ST</AddressLine1>
            <City>INDIANAPOLIS</City>
            <State>IN</State>
            <ZIPCode>46206</ZIPCode>
          </USAddress>
          <Title>PRESIDENT &amp; DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>PAUL J CORSARO</PersonName>
          <USAddress>
            <AddressLine1>4092 ROCKINGCHAIR ROAD</AddressLine1>
            <City>GREENWOOD</City>
            <State>IN</State>
            <ZIPCode>46142</ZIPCode>
          </USAddress>
          <Title>VICE-PRES &amp; DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>GEORGE GABOR</PersonName>
          <USAddress>
            <AddressLine1>1923 CAMARGUE DRIVE</AddressLine1>
            <City>ZIONSVILLE</City>
            <State>IN</State>
            <ZIPCode>46077</ZIPCode>
          </USAddress>
          <Title>TREASURER &amp; DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy />
      <SumOfProgramRelatedInvestments />
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>408080</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>64648</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>472728</TotalFMVOfUnusedAssets>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>472728</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>7091</CashDeemedCharitable>
        <NetNoncharitableAssets>465637</NetNoncharitableAssets>
        <MinimumInvestmentReturn>23282</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>23282</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>68</TaxBasedOnInvestmentIncome>
        <TotalTax>68</TotalTax>
        <DistributableAmountBeforeAdj>23214</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>23214</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>23214</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>63601</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <AmountsPaidAcqCharitableAssets>0</AmountsPaidAcqCharitableAssets>
        <AmountsSetAsideSuitabilityTest>0</AmountsSetAsideSuitabilityTest>
        <AmountsSetAsideCashDistriTest>0</AmountsSetAsideCashDistriTest>
        <QualifyingDistributions>63601</QualifyingDistributions>
        <AdjQualifyingDistributions>63601</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>23214</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <PriorYear1>2009</PriorYear1>
        <PriorYear2>2008</PriorYear2>
        <PriorYear3>2007</PriorYear3>
        <ExcessDistriCarryoverYear5>0</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>53623</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>69473</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>65017</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>167288</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>355401</TotalExcessDistriCarryover>
        <QualifyingDistributions>63601</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToCurrentYear>23214</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>40387</RemainingDistriFromCorpus>
        <TotalCorpus>395788</TotalCorpus>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovFromYear5>0</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>395788</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>53623</ExcessFromYear4>
        <ExcessFromYear3>69473</ExcessFromYear3>
        <ExcessFromYear2>65017</ExcessFromYear2>
        <ExcessFromYear1>167288</ExcessFromYear1>
        <ExcessFromCurrentYear>40387</ExcessFromCurrentYear>
      </UndistributedIncome>
      <PrivateOperatingFoundations />
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>OUR LADY OF LOURDES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5333 EAST WASHINGTON STREET</AddressLine1>
            <City>INDIANAPOLIS</City>
            <State>IN</State>
            <ZIPCode>46219</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LITTLE SISTERS OF THE POOR</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>ST AUGUSTINES HOME</AddressLine1>
            <AddressLine2>2345 WEST 86TH STREET</AddressLine2>
            <City>INDIANAPOLIS</City>
            <State>IN</State>
            <ZIPCode>46260</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHRISTIAN HELP INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 7112</AddressLine1>
            <City>GREENWOOD</City>
            <State>IN</State>
            <ZIPCode>46142</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>7500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CATHOLIC RADIO</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3500 DEPAUW BLVD</AddressLine1>
            <City>INDIANAPOLIS</City>
            <State>IN</State>
            <ZIPCode>46268</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>INDIANA PLAN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>863 MASSACHUSETTS AVENUE</AddressLine1>
            <City>INDIANAPOLIS</City>
            <State>IN</State>
            <ZIPCode>46204</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ARCHDIOCESE OF INDIANAPOLIS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1400 N MERIDIAN STREET</AddressLine1>
            <City>INDIANAPOLIS</City>
            <State>IN</State>
            <ZIPCode>46202</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>59500</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <FeesContractsFromGovtAgencies />
        <MembershipDuesAndAssessments />
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>8</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>7192</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <NetRentalIncmReDebtFincdProp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncmPersonalProperty />
        <OtherInvestmentIncomePartVII />
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>919</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <NetIncomeLossFromSpecialEvents />
        <GrossProfitLossSalesOfInvntry />
        <SubtotalsPartXVIA>
          <ExclusionAmount>8119</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>8119</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>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>Philip J Wilhelm Estate</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>One Indiana Square Suite 115</AddressLine1>
          <City>Indianapolis</City>
          <State>IN</State>
          <ZIPCode>46204</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>178862</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>2</ContributorNumber>
        <ContributorNameIndividual>Philip J Wilhelm Estate</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>One Indiana Square Suite 115</AddressLine1>
          <City>Indianapolis</City>
          <State>IN</State>
          <ZIPCode>46204</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>1260</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
        <NoncashContributionType>X</NoncashContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>3</ContributorNumber>
        <ContributorNameIndividual>Philip J Wilhelm Estate</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>One Indiana Square Suite 115</AddressLine1>
          <City>Indianapolis</City>
          <State>IN</State>
          <ZIPCode>46204</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>1</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
        <NoncashContributionType>X</NoncashContributionType>
      </ContributorInfo>
      <NoncashProperty>
        <ContributorNumberFromPartI>2</ContributorNumberFromPartI>
        <NoncashPropertyDescription>6,000 SHARES OF POLYMER TECHNOLOGY SYSTEMS, INC.</NoncashPropertyDescription>
        <FairMarketValue>1260</FairMarketValue>
        <DateReceived>2011-09-22</DateReceived>
      </NoncashProperty>
      <NoncashProperty>
        <ContributorNumberFromPartI>3</ContributorNumberFromPartI>
        <NoncashPropertyDescription>ASSIGNMENT OF INSTALLMENT PROMISSORY NOTE FROM SOUTHEASTERN SUPPLY COMPANY, INC.</NoncashPropertyDescription>
        <FairMarketValue>1</FairMarketValue>
        <DateReceived>2011-09-13</DateReceived>
      </NoncashProperty>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFees>
        <Category>BKD, LLP</Category>
        <Amount>3800</Amount>
        <DisbursementsCharitablePrps>3800</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsOtherSchedule2 documentId="InvOtherSch2">
      <InvestmentsOther>
        <CategoryOrItem>LEGG MASON VALUE TRUST</CategoryOrItem>
        <BookValue>1144</BookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>BRANDYWINE FUNDS COM</CategoryOrItem>
        <BookValue>20141</BookValue>
        <EOYFMV>14914</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>LAUDUS TR ROSENBERG US DISCOV</CategoryOrItem>
        <BookValue>28</BookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>THORNBURG INTL VALUE FUND CL A</CategoryOrItem>
        <BookValue>22129</BookValue>
        <EOYFMV>24730</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>HARRIS ASSOCIATES INVESTMENT</CategoryOrItem>
        <BookValue>43057</BookValue>
        <EOYFMV>44086</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>SELECTED AMERICAN SHARES INC</CategoryOrItem>
        <BookValue>16909</BookValue>
        <EOYFMV>17052</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>HARBOR CAPITAL APPREC. FUND</CategoryOrItem>
        <BookValue>829</BookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>TCW GALILEO FDS INC</CategoryOrItem>
        <BookValue>1</BookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>LOOMIS SAYLES INVT TR BD FD</CategoryOrItem>
        <BookValue>49548</BookValue>
        <EOYFMV>51344</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>BLACKROCK ALL CAP GLOBAL RES</CategoryOrItem>
        <BookValue>15051</BookValue>
        <EOYFMV>17927</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>PIMCO FDS DEVELOPING LOCAL MKT</CategoryOrItem>
        <BookValue>11</BookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>HARBOR FD INTL FD</CategoryOrItem>
        <BookValue>52449</BookValue>
        <EOYFMV>38887</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>TURNER FUNDS CONCENTRATED GRWT</CategoryOrItem>
        <BookValue>4015</BookValue>
        <EOYFMV>5213</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>OAKMARK FDS OAKMARK GLOBAL FD</CategoryOrItem>
        <BookValue>30124</BookValue>
        <EOYFMV>28030</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>BLACKROCK FDS ENERGY &amp; RES.</CategoryOrItem>
        <BookValue>26224</BookValue>
        <EOYFMV>24477</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>TOUCHSTONE FUNDS SANDS CAP SEL</CategoryOrItem>
        <BookValue>45000</BookValue>
        <EOYFMV>47760</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>EATON VANCE MUT FDS TR FLOAT.</CategoryOrItem>
        <BookValue>36738</BookValue>
        <EOYFMV>36143</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>SEQUOIA FD INC</CategoryOrItem>
        <BookValue>27116</BookValue>
        <EOYFMV>27239</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>ISHARES SELECT DIVIDEND</CategoryOrItem>
        <BookValue>29319</BookValue>
        <EOYFMV>29574</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>ISHARES MSCI HIGH DIV EQY</CategoryOrItem>
        <BookValue>30210</BookValue>
        <EOYFMV>30525</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>VANGUARD SPECIALIZED PORTFOLIO</CategoryOrItem>
        <BookValue>29777</BookValue>
        <EOYFMV>30058</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>POLYMER TECHNOLOGY SYSTEMS</CategoryOrItem>
        <BookValue>1260</BookValue>
        <EOYFMV>1260</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="LandEtcSch2" />
    <LegalFeesSchedule documentId="LegalFeesSch">
      <LegalFees>
        <Category>BINGHAM MCHALE</Category>
        <Amount>88</Amount>
        <DisbursementsCharitablePrps>88</DisbursementsCharitablePrps>
      </LegalFees>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="OtherAssetsSch">
      <OtherAssets>
        <Description>DUE-TD WATERHOUSE</Description>
        <BOYBookValue>-241</BOYBookValue>
        <EOYBookValue>-241</EOYBookValue>
        <EOYFMV>-241</EOYFMV>
      </OtherAssets>
      <OtherAssets>
        <Description>PROM. NOTE SOUTHEASTERN SUPPLY</Description>
        <EOYBookValue>10269</EOYBookValue>
        <EOYFMV>1</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpenses>
        <Description>MISCELLANEOUS EXPENSE</Description>
        <RevenueAndExpensesPerBooks>213</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>213</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="OtherIncreasesSch">
      <OtherIncreases>
        <Description>ADJUSTMENT OF CONTRIBUTION TO COST BASIS</Description>
        <Amount>10268</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFees>
        <Category>INVESTMENT MANAGEMENT FEES</Category>
        <Amount>4485</Amount>
        <NetInvestmentIncome>4485</NetInvestmentIncome>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <Taxes>
        <Category>FOREIGN TAXES PAID</Category>
        <Amount>189</Amount>
        <NetInvestmentIncome>189</NetInvestmentIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>