﻿<?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>2012-08-21T16:37:51-05:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>208479414</EIN>
      <Name>
        <BusinessNameLine1>THE FOUNDATION OF THE MASTER</BusinessNameLine1>
      </Name>
      <NameControl>FOUN</NameControl>
      <Phone>4023334444</Phone>
      <USAddress>
        <AddressLine1>2617 S114TH STREET</AddressLine1>
        <City>OMAHA</City>
        <State>NE</State>
        <ZIPCode>68144</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>DARREN R OSTEN</Name>
      <Title>TREASURER</Title>
      <Phone>4023334444</Phone>
      <DateSigned>2012-08-20</DateSigned>
    </Officer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="5">
    <IRS990EZ documentId="RetDoc1234200001" referenceDocumentId="RetDoc1051800001 RetDoc2278000001">
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <WebSite>FOUNDATIONOFTHEMASTER.ORG</WebSite>
      <Organization501c3 referenceDocumentId="RetDoc1039100001">X</Organization501c3>
      <GrossReceipts>71314</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>70463</ContributionsGiftsGrantsEtc>
      <InvestmentIncome>851</InvestmentIncome>
      <TotalRevenue>71314</TotalRevenue>
      <GrantsAndSimilarAmountsPaid>3520</GrantsAndSimilarAmountsPaid>
      <PrintingPublicationsPostage>627</PrintingPublicationsPostage>
      <OtherExpensesTotal>648</OtherExpensesTotal>
      <TotalExpenses>4795</TotalExpenses>
      <ExcessOrDeficitForYear>66519</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>71690</NetAssetsOrFundBalancesBOY>
      <OtherChangesInNetAssets>2080</OtherChangesInNetAssets>
      <NetAssetsOrFundBalancesEOY>140289</NetAssetsOrFundBalancesEOY>
      <CashSavingsAndInvestments>
        <BOY>71690</BOY>
        <EOY>140289</EOY>
      </CashSavingsAndInvestments>
      <TotalAssets>
        <BOY>71690</BOY>
        <EOY>140289</EOY>
      </TotalAssets>
      <SumOfTotalLiabilities>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </SumOfTotalLiabilities>
      <NetAssetsOrFundBalances>
        <BOY>71690</BOY>
        <EOY>140289</EOY>
      </NetAssetsOrFundBalances>
      <InfoInScheduleOPartIII>X</InfoInScheduleOPartIII>
      <PrimaryExemptPurpose>THE CORPORATION IS A CHARITABLE ORGANIZATION ESTABLISHED EXCLUSIVELY TO STRENGTHEN THE MISSION AND FURTHER THE MINISTRY OF LUTHERAN CHURCH OF THE MASTER, OMAHA, NEBRASKA, A NEBRASKA NONPROFIT CORPORATION (THE "CHURCH"). THE CORPORATION'S MISSION IS TO SERVE AS A RESOURCE TO THE CHURCH CONGREGATION, WHICH WILL IMPROVE THE LIVES OF INDIVIDUALS, FAMILIES AND THE COMMUNITY AT LARGE.</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>GRANT TO PURCHASE FURNITURE FOR LUTHERAN CHURCH OF THE MASTER WEST CAMPUS LIBRARY PROJECT.</DescriptionProgramServiceAccom>
        <GrantsAndAllocations>3520</GrantsAndAllocations>
        <ProgramServiceExpenses>3520</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>3520</TotalProgramServiceExpenses>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>KEVIN JOHNSON</PersonName>
        <AddressUS>
          <AddressLine1>6219 S 106TH ST</AddressLine1>
          <City>OMAHA</City>
          <State>NE</State>
          <ZIPCode>68127</ZIPCode>
        </AddressUS>
        <Title>PRESIDENT</Title>
        <AvgHoursPerWkDevotedToPosition>4.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>BRAD BURKLUND</PersonName>
        <AddressUS>
          <AddressLine1>10257 WASHINGTON DR</AddressLine1>
          <City>OMAHA</City>
          <State>NE</State>
          <ZIPCode>68127</ZIPCode>
        </AddressUS>
        <Title>VICE PRESIDENT</Title>
        <AvgHoursPerWkDevotedToPosition>4.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>BOB RAUSCHER</PersonName>
        <AddressUS>
          <AddressLine1>7329 N154TH STREET</AddressLine1>
          <City>BENNINGTON</City>
          <State>NE</State>
          <ZIPCode>68007</ZIPCode>
        </AddressUS>
        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>DARREN OSTEN</PersonName>
        <AddressUS>
          <AddressLine1>17402 CODY CIR</AddressLine1>
          <City>OMAHA</City>
          <State>NE</State>
          <ZIPCode>68116</ZIPCode>
        </AddressUS>
        <Title>TREASURER</Title>
        <AvgHoursPerWkDevotedToPosition>4.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>JERRY SMIDT</PersonName>
        <AddressUS>
          <AddressLine1>1151 WESTRIGE DR</AddressLine1>
          <City>BLAIR</City>
          <State>NE</State>
          <ZIPCode>68008</ZIPCode>
        </AddressUS>
        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>HARRY KAHNK</PersonName>
        <AddressUS>
          <AddressLine1>3036 TRAILRIDGE BLVD</AddressLine1>
          <City>OMAHA</City>
          <State>NE</State>
          <ZIPCode>68022</ZIPCode>
        </AddressUS>
        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>VEL MAGNUSON</PersonName>
        <AddressUS>
          <AddressLine1>3969 S 184TH AVE</AddressLine1>
          <City>OMAHA</City>
          <State>NE</State>
          <ZIPCode>68130</ZIPCode>
        </AddressUS>
        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>RHONDA MCCARTHY</PersonName>
        <AddressUS>
          <AddressLine1>12313 WOODWORTH AVE</AddressLine1>
          <City>OMAHA</City>
          <State>NE</State>
          <ZIPCode>68144</ZIPCode>
        </AddressUS>
        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>CHUCK CURRENT</PersonName>
        <AddressUS>
          <AddressLine1>19820 MARCY ST</AddressLine1>
          <City>ELKHORN</City>
          <State>NE</State>
          <ZIPCode>68022</ZIPCode>
        </AddressUS>
        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>RICH VONDERLAGE</PersonName>
        <AddressUS>
          <AddressLine1>15202 SPRAGUE ST</AddressLine1>
          <City>OMAHA</City>
          <State>NE</State>
          <ZIPCode>68116</ZIPCode>
        </AddressUS>
        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>ERIC WAKEFIELD</PersonName>
        <AddressUS>
          <AddressLine1>17136 J ST</AddressLine1>
          <City>OMAHA</City>
          <State>NE</State>
          <ZIPCode>68135</ZIPCode>
        </AddressUS>
        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>FRANK WALTER</PersonName>
        <AddressUS>
          <AddressLine1>15116 SPAULDING ST</AddressLine1>
          <City>OMAHA</City>
          <State>NE</State>
          <ZIPCode>68116</ZIPCode>
        </AddressUS>
        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
        <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
        <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
      </OfficerDirectorTrusteeKeyEmpl>
      <InfoInScheduleOPartV>X</InfoInScheduleOPartV>
      <ActivitiesNotPreviouslyRpt>0</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>0</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>0</OrganizationHadUBI>
      <SubjectToProxyTax>0</SubjectToProxyTax>
      <OrganizationDissolvedEtc>0</OrganizationDissolvedEtc>
      <DirectIndirectPoliticalExpend>0</DirectIndirectPoliticalExpend>
      <MadeLoansToFromOfficers>0</MadeLoansToFromOfficers>
      <TaxImposedUnderIRC4911>0</TaxImposedUnderIRC4911>
      <TaxImposedUnderIRC4912>0</TaxImposedUnderIRC4912>
      <TaxImposedUnderIRC4955>0</TaxImposedUnderIRC4955>
      <EngagedInExcessBenefitTrans>0</EngagedInExcessBenefitTrans>
      <AmountOfTaxImposedOnOrgMgr>0</AmountOfTaxImposedOnOrgMgr>
      <AmountOfTaxReimbursedByOrg>0</AmountOfTaxReimbursedByOrg>
      <ProhibitedTaxShelterTrans>0</ProhibitedTaxShelterTrans>
      <TheBooksAreInCareOf>
        <NameBusiness>
          <BusinessNameLine1>DARREN OSTEN TREASURER</BusinessNameLine1>
        </NameBusiness>
        <AddressUS>
          <AddressLine1>LUTHERAN CHURCH OF THE MASTER 2617</AddressLine1>
          <AddressLine2>S 114TH ST</AddressLine2>
          <City>OMAHA</City>
          <State>NE</State>
          <ZIPCode>68144</ZIPCode>
        </AddressUS>
        <TelephoneNumber>4023334444</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>0</ForeignFinancialAccount>
      <ForeignOffice>0</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>0</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>0</DoesOrgHaveHospital>
      <TanningServicesProvided>0</TanningServicesProvided>
      <RelatedOrgControlledEntity>0</RelatedOrgControlledEntity>
      <EngagePoliticalCmpgnActivities>0</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>0</EngageInLobbyingActivities>
      <OperatingSchool>0</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>0</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
      <FiledScheduleA>1</FiledScheduleA>
    </IRS990EZ>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus4Years>30177</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>23911</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>85453</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>42680</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>70463</CurrentTaxYear>
        <Total>252684</Total>
      </GiftsGrantsContribReceived509>
      <Total509>
        <CurrentTaxYearMinus4Years>30177</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>23911</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>85453</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>42680</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>70463</CurrentTaxYear>
        <Total>252684</Total>
      </Total509>
      <AmtsRecdFromDisqualPersons>
        <Total>0</Total>
      </AmtsRecdFromDisqualPersons>
      <AmtsFromSubstContributors>
        <Total>0</Total>
      </AmtsFromSubstContributors>
      <SupportFromDQPsEtc>
        <Total>0</Total>
      </SupportFromDQPsEtc>
      <PublicSupportTotal509>252684</PublicSupportTotal509>
      <GrossInvestmentIncome509>
        <CurrentTaxYearMinus4Years>5</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>381</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>98</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>339</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>852</CurrentTaxYear>
        <Total>1675</Total>
      </GrossInvestmentIncome509>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus4Years>5</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>381</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>98</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>339</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>852</CurrentTaxYear>
        <Total>1675</Total>
      </InvestmentIncomeAndUBTI>
      <TotalSupportTotal>
        <CurrentTaxYearMinus4Years>30182</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>24292</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>85551</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>43019</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>71315</CurrentTaxYear>
        <Total>254359</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.99340</PublicSupportPercentage509>
      <InvestmentIncomePercentage>0.00660</InvestmentIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleO documentId="RetDoc1051800001">
      <GeneralExplanation>
        <Identifier>OTHER INVESTMENT INCOME</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 4</ReturnReference>
        <Explanation>INTEREST INCOME 105.. VANGUARD DIVIDEND (NET OF FOREIGN TAX PAID) 510.. VANGUARD CAPITAL GAIN DISTRIBUTIONS 236.. TOTAL INCLUDED ON FORM 990-EZ, LINE 4: 851.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: LIBRARY FURNITURE FOR WEST CAMPUS. GRANTEE NAME: LUTHERAN CHURCH OF THE MASTER. GRANTEE ADDRESS: 2617 SOUTH 114TH STREET OMAHA, NE 68144. PROPERTY DESCRIPTION: FURNITURE. AMOUNT GIVEN: 3,520.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER EXPENSES</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 16</ReturnReference>
        <Explanation>DESCRIPTION: SUBSCRIPTIONS. AMOUNT: 295. DESCRIPTION: SUPPLIES. AMOUNT: 230. DESCRIPTION: INTERNET WEBSITE. AMOUNT: 123. TOTAL TO FORM 990-EZ, LINE 16: 648.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER CHANGES IN NET ASSETS</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 20</ReturnReference>
        <Explanation>DESCRIPTION: UNREALIZED GAIN ON INVESTMENTS. AMOUNT: 2,080.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <TransferPrsnlBnftContractsDecl documentId="RetDoc2278000001">
      <Declaration>THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.</Declaration>
    </TransferPrsnlBnftContractsDecl>
  </ReturnData>
</Return>