﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2011v1.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-04-27T16:52:52-00:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Foundation Source</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>55 Walls Drive</AddressLine1>
        <City>Fairfield</City>
        <State>CT</State>
        <ZIPCode>06824</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>586332776</EIN>
      <Name>
        <BusinessNameLine1>The Mary Alice and Bennett Brown Foundation Inc</BusinessNameLine1>
      </Name>
      <NameControl>MARY</NameControl>
      <Phone>8008391754</Phone>
      <USAddress>
        <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
        <City>Wilmington</City>
        <State>DE</State>
        <ZIPCode>198091377</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Charlotte Brown Dixan</Name>
      <Title>Chairman</Title>
      <DateSigned>2012-04-27</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Jeffrey D Haskell</Name>
      <Phone>8008391754</Phone>
      <DatePrepared>2012-04-27</DatePrepared>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="6">
    <IRS990PF documentId="990PF" softwareId="11000218" softwareVersion="2011.0.0">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>7439196</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <InterestOnSavingsRevAndExpnss>76</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>76</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>211416</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>211416</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss referenceDocumentId="990PF:72">-44886</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>890381</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>0</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>166606</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>211492</TotalNetInvestmentIncome>
        <OtherProfFeesRevAndExpnss referenceDocumentId="990PF:77">50775</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>50775</OtherProfFeesNetInvstIncm>
        <TaxesRevAndExpnss referenceDocumentId="990PF:78">4071</TaxesRevAndExpnss>
        <TravConfMeetingRevAndExpnss>1873</TravConfMeetingRevAndExpnss>
        <TravConfMeetingDsbrsChrtblPrps>1873</TravConfMeetingDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="990PF:79">44181</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>60</OtherExpensesNetInvstIncm>
        <OtherExpensesDsbrsChrtblPrps>44121</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>100900</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>50835</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>45994</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>138500</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>138500</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>239400</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>50835</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>184494</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-72794</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>160657</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>173939</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>135211</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>135211</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>7745332</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="990PF:89">7711266</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>7303985</InvestmentsCorpStockEOYFMV>
        <TotalAssetsBOY>7919271</TotalAssetsBOY>
        <TotalAssetsEOY>7846477</TotalAssetsEOY>
        <TotalAssetsEOYFMV>7439196</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>7919271</RetainedEarningsBOY>
        <RetainedEarningsEOY>7846477</RetainedEarningsEOY>
        <TotalNetAssetsBOY>7919271</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>7846477</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>7919271</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>7846477</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>7919271</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-72794</ExcessOfRevenueOverExpenses>
        <Subtotal>7846477</Subtotal>
        <TotalNetAssetsFundBalancesEOY>7846477</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Publicly-traded Securities</DescriptionOfAsset>
          <GrossSalesPrice>890381</GrossSalesPrice>
          <CostOrOtherBasis>935267</CostOrOtherBasis>
          <GainOrLoss>-44886</GainOrLoss>
          <GainsMinusExcessOrLosses>-44886</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>-44886</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>190065</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>7147833</NoncharitableAssetsYear1>
        <DistributionRatioYear1>000.026591</DistributionRatioYear1>
        <QualifyingDistributionsYear2>179707</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>6056142</NoncharitableAssetsYear2>
        <DistributionRatioYear2>000.029674</DistributionRatioYear2>
        <QualifyingDistributionsYear3>450017</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>7219620</NoncharitableAssetsYear3>
        <DistributionRatioYear3>000.062333</DistributionRatioYear3>
        <QualifyingDistributionsYear4>375354</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>8841367</NoncharitableAssetsYear4>
        <DistributionRatioYear4>000.042454</DistributionRatioYear4>
        <QualifyingDistributionsYear5>384075</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>7489398</NoncharitableAssetsYear5>
        <DistributionRatioYear5>000.051282</DistributionRatioYear5>
        <TotalDistributionRatio>000.212334</TotalDistributionRatio>
        <AverageDistributionRatio>000.042467</AverageDistributionRatio>
        <NetNoncharitableAssets>7657080</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>325173</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>1607</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>326780</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>184494</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>3213</InvestmentIncomeExciseTax>
        <Subtotal>3213</Subtotal>
        <TaxBasedOnInvestmentIncome>3213</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>1700</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>1700</TotalCreditsAndPayments>
        <TaxPaidOriginalReturn>1700</TaxPaidOriginalReturn>
        <Form2220Attached referenceDocumentId="2220">X</Form2220Attached>
        <TaxDue>1513</TaxDue>
      </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>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>co Foundation Source</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>8008391754</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>501 Silverside Road Suite 123</AddressLine1>
          <City>Wilmington</City>
          <State>DE</State>
          <ZIPCode>198091377</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>true</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <ActsFailToQualifyAsExceptions>false</ActsFailToQualifyAsExceptions>
        <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>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
        <ProceedsOrNetIncome>true</ProceedsOrNetIncome>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Leila B Armknecht</PersonName>
          <USAddress>
            <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>Trustee</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Jessica Brown</PersonName>
          <USAddress>
            <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>Jr. Board Member</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Bennett A Brown III</PersonName>
          <USAddress>
            <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>Co-Chairman</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Brice D Dixon</PersonName>
          <USAddress>
            <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>Jr. Board Member</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Charlotte Brown Dixon</PersonName>
          <USAddress>
            <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>Chairman</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Layne A Dixon</PersonName>
          <USAddress>
            <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>Jr. Board Member</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Katherine B Ohlhausen</PersonName>
          <USAddress>
            <AddressLine1>Foundation Source 501 Silverside Rd</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>Trustee</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <CompensationOfHghstPaidCntrct>
          <BusinessName>
            <BusinessNameLine1>Northwestern Mutual Investment Services LLC</BusinessNameLine1>
          </BusinessName>
          <USAddress>
            <AddressLine1>611 E Wisconsin Ave Suite 600</AddressLine1>
            <City>Milwaukee</City>
            <State>WI</State>
            <ZIPCode>53202</ZIPCode>
          </USAddress>
          <TypeOfService>Investment Management Services</TypeOfService>
          <Compensation>50775</Compensation>
        </CompensationOfHghstPaidCntrct>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>7600770</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>172915</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>7773685</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>7773685</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable referenceDocumentId="990PF:241">116605</CashDeemedCharitable>
        <NetNoncharitableAssets>7657080</NetNoncharitableAssets>
        <MinimumInvestmentReturn>382854</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>382854</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>3213</TaxBasedOnInvestmentIncome>
        <TotalTax>3213</TotalTax>
        <DistributableAmountBeforeAdj>379641</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>379641</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>379641</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions referenceDocumentId="990PF:242">184494</ExpensesAndContributions>
        <QualifyingDistributions>184494</QualifyingDistributions>
        <AdjQualifyingDistributions>184494</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>379641</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>142167</UndistributedIncomePriorYear>
        <QualifyingDistributions>184494</QualifyingDistributions>
        <AppliedToYear1>142167</AppliedToYear1>
        <AppliedToCurrentYear>42327</AppliedToCurrentYear>
        <UndistributedIncomeCY>337314</UndistributedIncomeCY>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>NONE</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ATLANTA BICYCLE COALITION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>213 MITCHELL ST SW</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30303</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Operational Support</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BROOKGREEN GARDENS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 3368</AddressLine1>
            <City>PAWLEYS ISL</City>
            <State>SC</State>
            <ZIPCode>29585</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(2)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Mary Alice and Bennett A. Brown Sculpture Court Maintenance</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CARROLLTON PRESBYTERIAN CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>14 MAPLE ST</AddressLine1>
            <City>CARROLLTON</City>
            <State>GA</State>
            <ZIPCode>30117</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Stained Glass Restoration</PurposeOfGrantOrContribution>
          <Amount>6000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHASTAIN HORSE PARK LTD</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4371 POWERS FERRY RD NW</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30327</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Scholarships And Program Costs</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COMPUTERS FOR YOUTH FDN INC - ATL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1660 CHATTAHOOCHEE AVE STE E</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30305</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>2011 Take IT Home Atlanta</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CURE CHILDHOOD CANCER INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1117 PERIMETER CENTER W STE N4</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30338</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Press On Brennan Simpkins</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>EMORY UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1440 CLIFTON RD NE</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30322</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Friends of Winship for Programming</PurposeOfGrantOrContribution>
          <Amount>4500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GIRLS ON THE RUN SALT LAKE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 58337</AddressLine1>
            <City>SALT LAKE CTY</City>
            <State>UT</State>
            <ZIPCode>84158</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Salaries And Operational Support</PurposeOfGrantOrContribution>
          <Amount>12500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>KIPP METRO ATL COLLABORATIVE INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>98 ANDERSON AVE NW</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30314</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Unrestricted Operating Support</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>OAK MOUNTAIN ACADEMY INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>222 CROSS PLAINS RD</AddressLine1>
            <City>CARROLLTON</City>
            <State>GA</State>
            <ZIPCode>30116</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>3 Smart Boards</PurposeOfGrantOrContribution>
          <Amount>9000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PIEDMONT PARK CONSERVANCY INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>400 PARK DR NE</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30306</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Expenses And For Piedmont Park</PurposeOfGrantOrContribution>
          <Amount>3500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>POSSE FDN - ATLANTA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>101 MARIETTA ST NW STE 1040</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30303</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Operating Expenses</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>RAPE RECOVERY CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2035 S 1300 E</AddressLine1>
            <City>SALT LAKE CTY</City>
            <State>UT</State>
            <ZIPCode>84105</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Educational Programming</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SPECIAL OLYMPICS GEORGIA INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4000 DEKALB TECHNOLOGY PKWY BLDG 40</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30340</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>2011 State Summer Games</PurposeOfGrantOrContribution>
          <Amount>6000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TANNER MEDICAL CENTER INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>705 DIXIE ST</AddressLine1>
            <City>CARROLLTON</City>
            <State>GA</State>
            <ZIPCode>30117</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Tanner Medical Foundation Willowbrooke Equine Therapy</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TEACH FOR AMERICA - ATLANTA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>10 PEACHTREE PL NE STE 700</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30309</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Expanding Teach For Americas Impact In Metro Atlanta</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE BEDFORD SCHOOL INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5665 MILAM RD</AddressLine1>
            <City>FAIRBURN</City>
            <State>GA</State>
            <ZIPCode>30213</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Visual And Dramatic Art Presentations</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE COMMUNITY FDN FOR GREATER ATL I</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>50 HURT PLZ STE 449</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30303</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Atlanta Charity Clays</PurposeOfGrantOrContribution>
          <Amount>5500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WOODWARD ACADEMY INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1662 RUGBY AVE</AddressLine1>
            <City>COLLEGE PARK</City>
            <State>GA</State>
            <ZIPCode>30337</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Mary Alice And Bennett Brown Scholarship Endowment Fund</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>138500</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>76</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>211416</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>-44886</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>166606</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>166606</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>
    <GeneralExplanationAttachment documentId="990PF:151" softwareId="11000218" softwareVersion="2011.0.0"></GeneralExplanationAttachment>
    <InvestmentsCorpStockSchedule documentId="990PF:89" softwareId="11000218" softwareVersion="2011.0.0">
      <InvestmentsCorpStock>
        <NameOfStock>30260 shares of AMERICAN FDS AMCAP FUND F AMPFX</NameOfStock>
        <EOYBookValue>565340</EOYBookValue>
        <EOYFMV>567074</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>18309 shares of AMERICAN FDS NEW PERSPECTIVE F NPFFX</NameOfStock>
        <EOYBookValue>524328</EOYBookValue>
        <EOYFMV>476579</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>18320 shares of AMERICAN FUNDAMENTAL INVESTORS FUND CL F AFIFX</NameOfStock>
        <EOYBookValue>675443</EOYBookValue>
        <EOYFMV>647995</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>70984 shares of AMERICAN FUNDS BOND FD OF AMERICA F BFAFX</NameOfStock>
        <EOYBookValue>897911</EOYBookValue>
        <EOYFMV>890845</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>50451 shares of AMERICAN FUNDS HIGH-INCOME TRUST F AHTFX</NameOfStock>
        <EOYBookValue>574371</EOYBookValue>
        <EOYFMV>537803</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>19576 shares of AMERICAN GROWTH FUND OF AMERICA GFAFX</NameOfStock>
        <EOYBookValue>604703</EOYBookValue>
        <EOYFMV>559085</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>15596 shares of FRANK RUSSELL INV CO EQ I FUND CL I REASX</NameOfStock>
        <EOYBookValue>451073</EOYBookValue>
        <EOYFMV>417962</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>10712 shares of FRANK RUSSELL INV CO EQ II FUND CL I REBSX</NameOfStock>
        <EOYBookValue>211186</EOYBookValue>
        <EOYFMV>234701</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>130850 shares of FRANK RUSSELL INV CO FIXED INC III FUND CL I RFCSX</NameOfStock>
        <EOYBookValue>1407715</EOYBookValue>
        <EOYFMV>1407941</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>10705 shares of FRANK RUSSELL INV CO INTERNATIONAL FUND CL I RINSX</NameOfStock>
        <EOYBookValue>332145</EOYBookValue>
        <EOYFMV>287217</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>27262 shares of FRANK RUSSELL INVESTMENT COMPANY EMERGING MARKETS REMSX</NameOfStock>
        <EOYBookValue>505665</EOYBookValue>
        <EOYFMV>439459</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>9299 shares of FRANK RUSSELL INVESTMENT COMPANY REAL ESTATE SECUR RRESX</NameOfStock>
        <EOYBookValue>333163</EOYBookValue>
        <EOYFMV>304183</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>36719 shares of RUSSELL COMMODITY STRATEGIES FUND S RCCSX</NameOfStock>
        <EOYBookValue>428937</EOYBookValue>
        <EOYFMV>350296</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>22856 shares of RUSSELL INV CO GLOBAL EQUITY CLASS S RGESX</NameOfStock>
        <EOYBookValue>199286</EOYBookValue>
        <EOYFMV>182845</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="990PF:79" softwareId="11000218" softwareVersion="2011.0.0">
      <OtherExpenses>
        <Description>Administrative Fees</Description>
        <RevenueAndExpensesPerBooks>43121</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>43121</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Bank Charges</Description>
        <RevenueAndExpensesPerBooks>60</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>60</NetInvestmentIncome>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Foundation Dues Memberships</Description>
        <RevenueAndExpensesPerBooks>1000</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>1000</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="990PF:77" softwareId="11000218" softwareVersion="2011.0.0">
      <OtherProfessionalFees>
        <Category>Investment Management Services</Category>
        <Amount>50775</Amount>
        <NetInvestmentIncome>50775</NetInvestmentIncome>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="990PF:78" softwareId="11000218" softwareVersion="2011.0.0">
      <Taxes>
        <Category>Estimated Tax for 2011</Category>
        <Amount>1700</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>Excise Tax for 2010</Category>
        <Amount>2371</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>