2012-11-12T15:02:35-00:00 2011-12-31 Foundation Source 55 Walls Drive Fairfield CT 06824 990PF 2011-01-01 264308958 Richard Desich Foundation RICH 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Richard Desich 2012-11-12 true Jeffrey D Haskell 8008391754 2012-11-12 2011 2016-02-24 21:20:13Z X 983239 X 1184117 249 249 -2220 506990 476180 1182146 476429 105 217940 4093 218045 0 4093 500000 500000 718045 0 504093 464101 476429 3983 7024 7024 999972 1461032 976215 1003955 1468056 983239 0 X 1003955 1468056 1003955 1468056 1003955 1468056 1003955 464101 1468056 1468056 Publicly-traded Securities 506990 30810 476180 476180 476180 false 2546 512231 000.004970 6683 1873 003.568073 003.573043 001.786522 967479 1728423 4764 1733187 504093 9529 9529 9529 100 10298 10398 10398 X 869 869 false false false false false false true true true true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false true Richard Desich Foundation Source 501 Silverside Rd Wilmington DE 19809 001.00 0 NONE 0 5997 976215 982212 982212 14733 967479 48374 48374 9529 9529 38845 38845 38845 504093 504093 504093 38845 16459 504093 16459 38845 448789 448789 0 448789 448789 Richard Desich X LORAIN COUNTY COMMUNITY COLLEGE FDN 1005 N ABBE RD ELYRIA OH 44035 N/A N/A Capital Campaign 500000 500000 14 249 18 -2220 -1971 -1971 false false false false false false false false false false X X 0001 Desich Richard 12110 Sunnydale Dr Wellington FL 33414 1184117 X X 0001 Diamond Hill Investment Group Inc 509210 2011-06-08 PACIFIC LIFE - POLICY VF51918560 1461032 976215 This statement is submitted to report the distribution of certain assets during the above-referenced year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3a1 and the Form 990-PF instructions During the taxable year ending December 31, 2011, Richard Desich Foundation the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled 504,093. This amount represents over 25 of the Foundations net assets of 519,138 as measured by fair market value at the beginning of the Foundations taxable year ending December 31, 2011. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a each such grant was made solely for the charitable purpose specified therein. Administrative Fees 4068 4068 Premium payment for foundationowned life insurance 213847 State or Local Filing Fees 25 25 Estimated Tax for 2011 100 0 0 0 Excise Tax for 2010 5 0 0 0