﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.2" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-05-14T08:29:12-07:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>RONALD CASTOR LC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>14221 METCALF AVE STE 200</AddressLine1>
        <City>OVERLAND PARK</City>
        <State>KS</State>
        <ZIPCode>662233301</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>760476424</EIN>
      <Name>
        <BusinessNameLine1>PALMER FAMILY FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>PALM</NameControl>
      <Phone>2623777976</Phone>
      <USAddress>
        <AddressLine1>1952 MAPLE ROAD</AddressLine1>
        <City>GRAFTON</City>
        <State>WI</State>
        <ZIPCode>53024</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>JEAN GALVIN</Name>
      <Title>VICE PRESIDENT</Title>
      <Phone>2623777976</Phone>
      <DateSigned>2011-03-03</DateSigned>
    </Officer>
    <Preparer>
      <Name>RONALD CASTOR</Name>
      <Phone>9134699113</Phone>
      <DatePrepared>2011-05-14</DatePrepared>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="8">
    <IRS990PF documentId="00000001" referenceDocumentName="ReasonableCauseExplanation GeneralExplanationAttachment">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>821676</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <DividendsRevAndExpnss>24916</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>24916</DividendsNetInvstIncm>
        <DividendsAdjNetIncm>24916</DividendsAdjNetIncm>
        <NetGainSaleAssetsRevAndExpnss referenceDocumentId="00000003" referenceDocumentName="GainLossFromSaleOtherAssetsSchedule">1549</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>168565</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>1549</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>26465</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>26465</TotalNetInvestmentIncome>
        <TotalAdjustedNetIncome>24916</TotalAdjustedNetIncome>
        <AccountingFeesRevAndExpnss referenceDocumentId="00000002" referenceDocumentName="AccountingFeesSchedule">3659</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>3659</AccountingFeesNetInvstIncm>
        <AccountingFeesAdjNetIncm>3659</AccountingFeesAdjNetIncm>
        <OtherProfFeesRevAndExpnss referenceDocumentId="00000007" referenceDocumentName="OtherProfessionalFeesSchedule">2422</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>2422</OtherProfFeesNetInvstIncm>
        <OtherProfFeesAdjNetIncm>2422</OtherProfFeesAdjNetIncm>
        <TaxesRevAndExpnss referenceDocumentId="00000008" referenceDocumentName="TaxesSchedule">321</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>321</TaxesNetInvstIncm>
        <TaxesAdjNetIncm>321</TaxesAdjNetIncm>
        <TotOprExpensesRevAndExpnss>6402</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>6402</TotOprExpensesNetInvstIncm>
        <TotOprExpensesAdjNetIncm>6402</TotOprExpensesAdjNetIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>60025</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>60025</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>66427</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>6402</TotalExpensesNetInvstIncm>
        <TotalExpensesAdjNetIncm>6402</TotalExpensesAdjNetIncm>
        <TotalExpensesDsbrsChrtblPrps>60025</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-39962</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>20063</NetInvestmentIncome>
        <AdjustedNetIncome>18514</AdjustedNetIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>29290</CashBOY>
        <CashEOY>2246</CashEOY>
        <CashEOYFMV>2246</CashEOYFMV>
        <PrepaidExpensesBOY>4558</PrepaidExpensesBOY>
        <PrepaidExpensesEOY>500</PrepaidExpensesEOY>
        <PrepaidExpensesEOYFMV>500</PrepaidExpensesEOYFMV>
        <InvestmentsGovtObligBOY>135317</InvestmentsGovtObligBOY>
        <InvestmentsGovtObligEOY referenceDocumentId="00000006" referenceDocumentName="InvestmentsGovtObligationsSchedule">15128</InvestmentsGovtObligEOY>
        <InvestmentsGovtObligEOYFMV>15061</InvestmentsGovtObligEOYFMV>
        <InvestmentsCorpStockBOY>431109</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="00000005" referenceDocumentName="InvestmentsCorpStockSchedule">501755</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>557755</InvestmentsCorpStockEOYFMV>
        <InvestmentsCorpBondsBOY>200576</InvestmentsCorpBondsBOY>
        <InvestmentsCorpBondsEOY referenceDocumentId="00000004" referenceDocumentName="InvestmentsCorpBondsSchedule">241259</InvestmentsCorpBondsEOY>
        <InvestmentsCorpBondsEOYFMV>246114</InvestmentsCorpBondsEOYFMV>
        <TotalAssetsBOY>800850</TotalAssetsBOY>
        <TotalAssetsEOY>760888</TotalAssetsEOY>
        <TotalAssetsEOYFMV>821676</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>800850</CapitalStockBOY>
        <CapitalStockEOY>760888</CapitalStockEOY>
        <TotalNetAssetsBOY>800850</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>760888</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>800850</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>760888</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>800850</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-39962</ExcessOfRevenueOverExpenses>
        <Subtotal>760888</Subtotal>
        <TotalNetAssetsFundBalancesEOY>760888</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ASSOCIATED TRUST COMPANY</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-08-03</DateAcquired>
          <DateSold>2010-12-22</DateSold>
          <GrossSalesPrice>12067</GrossSalesPrice>
          <Depreciation>0</Depreciation>
          <CostOrOtherBasis>11041</CostOrOtherBasis>
          <GainOrLoss>1026</GainOrLoss>
          <FMVAsOf123169>0</FMVAsOf123169>
          <AdjustedBasisAsOf123169>0</AdjustedBasisAsOf123169>
          <ExcessOfFMVOverAdjustedBasis>0</ExcessOfFMVOverAdjustedBasis>
          <GainsMinusExcessOrLosses>1026</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ASSOCIATED TRUST COMPANY</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2005-04-14</DateAcquired>
          <DateSold>2010-12-21</DateSold>
          <GrossSalesPrice>155538</GrossSalesPrice>
          <Depreciation>0</Depreciation>
          <CostOrOtherBasis>155975</CostOrOtherBasis>
          <GainOrLoss>-437</GainOrLoss>
          <FMVAsOf123169>0</FMVAsOf123169>
          <AdjustedBasisAsOf123169>0</AdjustedBasisAsOf123169>
          <ExcessOfFMVOverAdjustedBasis>0</ExcessOfFMVOverAdjustedBasis>
          <GainsMinusExcessOrLosses>-437</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>CAPITAL GAIN DISTRIBUTION</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2009-12-31</DateAcquired>
          <DateSold>2010-12-31</DateSold>
          <GrossSalesPrice>960</GrossSalesPrice>
          <Depreciation>0</Depreciation>
          <CostOrOtherBasis>0</CostOrOtherBasis>
          <GainOrLoss>960</GainOrLoss>
          <FMVAsOf123169>0</FMVAsOf123169>
          <AdjustedBasisAsOf123169>0</AdjustedBasisAsOf123169>
          <ExcessOfFMVOverAdjustedBasis>0</ExcessOfFMVOverAdjustedBasis>
          <GainsMinusExcessOrLosses>960</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>1549</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>64978</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>758510</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.085665</DistributionRatioYear1>
        <QualifyingDistributionsYear2>40425</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>848937</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.047618</DistributionRatioYear2>
        <QualifyingDistributionsYear3>41979</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>519631</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.080786</DistributionRatioYear3>
        <QualifyingDistributionsYear4>23985</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>406761</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.058966</DistributionRatioYear4>
        <QualifyingDistributionsYear5>15000</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>294233</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.050980</DistributionRatioYear5>
        <TotalDistributionRatio>0.324015</TotalDistributionRatio>
        <AverageDistributionRatio>0.064803</AverageDistributionRatio>
        <OnePercentNetInvestmentIncome>201</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>201</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>60025</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>201</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>201</Subtotal>
        <TaxBasedOnInvestmentIncome>201</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>500</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>500</TotalCreditsAndPayments>
        <OriginalReturnOverpayment>-500</OriginalReturnOverpayment>
        <Overpayment>299</Overpayment>
        <AmountCreditedToNextYear>296</AmountCreditedToNextYear>
        <AmountToBeRefunded>3</AmountToBeRefunded>
      </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>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>JEAN GALVIN</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>2623777976</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>1951 MAPLE RD</AddressLine1>
          <City>GRAFTON</City>
          <State>WI</State>
          <ZIPCode>53024</ZIPCode>
        </BooksInCareOfUSAddress>
        <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>JEAN GALVIN</PersonName>
          <USAddress>
            <AddressLine1>1952 MAPLE ROAD</AddressLine1>
            <City>GRAFTON</City>
            <State>WI</State>
            <ZIPCode>53024</ZIPCode>
          </USAddress>
          <Title>PRESIDENT/TREASURER</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JOHN PALMER</PersonName>
          <USAddress>
            <AddressLine1>10320 W 142ND ST</AddressLine1>
            <City>OVERLAND PARK</City>
            <State>KS</State>
            <ZIPCode>66221</ZIPCode>
          </USAddress>
          <Title>SECRETARY/VICE PRESI</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>MICHAEL GALVIN</PersonName>
          <USAddress>
            <AddressLine1>1952 MAPLE ROAD</AddressLine1>
            <City>GRAFTON</City>
            <State>WI</State>
            <ZIPCode>53024</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>0</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>0</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>0</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>0</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>0</CashDeemedCharitable>
        <NetNoncharitableAssets>0</NetNoncharitableAssets>
        <MinimumInvestmentReturn>0</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <TaxBasedOnInvestmentIncome>201</TaxBasedOnInvestmentIncome>
        <TotalTax>201</TotalTax>
        <DistributableAmountAsAdjusted>0</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>60025</ExpensesAndContributions>
        <QualifyingDistributions>60025</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>201</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>59824</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>0</DistributableAmountAsAdjusted>
        <QualifyingDistributions>60025</QualifyingDistributions>
        <RemainingDistriFromCorpus>60025</RemainingDistriFromCorpus>
        <TotalCorpus>60025</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovToNextYear>60025</ExcessDistriCyovToNextYear>
        <ExcessFromCurrentYear>60025</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SALVATION ARMY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>11315 WEST WATERTOWN PLANK RD</AddressLine1>
            <City>MILWAUKEE</City>
            <State>WI</State>
            <ZIPCode>53226</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>8000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>KOHLER ART CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>608 NEW YORK AVE</AddressLine1>
            <City>SHEBOYGAN</City>
            <State>WI</State>
            <ZIPCode>53081</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ALZHEIMER ASSOCIATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>6130 WEST NATIONAL AVE STE 200</AddressLine1>
            <City>MILWAUKEE</City>
            <State>WI</State>
            <ZIPCode>53214</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WORLD VISION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 70359</AddressLine1>
            <City>TACOMA</City>
            <State>WA</State>
            <ZIPCode>98481</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>1525</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BETHLEHEM HAVEN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>FIFTH AVE COMMONS 905 WATSON ST</AddressLine1>
            <City>PITTSBURGH</City>
            <State>PA</State>
            <ZIPCode>15219</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HOPE NETWORK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 531</AddressLine1>
            <City>MENOMONEE FALLS</City>
            <State>WI</State>
            <ZIPCode>53052</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MILWAUKEE RESCUE MISSION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>830 NORTH 19TH ST</AddressLine1>
            <City>MILWAUKEE</City>
            <State>WI</State>
            <ZIPCode>53233</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>4000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CARE NET PREGNANCY CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2917 NORTH OAKLAND AVE</AddressLine1>
            <City>MILWAUKEE</City>
            <State>WI</State>
            <ZIPCode>53211</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>EASTBROOK CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5385 N GREEN BAY AVE</AddressLine1>
            <City>MILWAUKEE</City>
            <State>WI</State>
            <ZIPCode>53209</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>3500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DANE COUNTY HUMANE SOCIETY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5132 VOGES RD</AddressLine1>
            <City>MADISON</City>
            <State>WI</State>
            <ZIPCode>53718</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>KINDNESS CONNECTION INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>8445 WEST 113TH ST</AddressLine1>
            <City>OVERLAND PARK</City>
            <State>KS</State>
            <ZIPCode>66210</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ST AUGUSTINE CATHOLIC CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1317 HAMILTON BLVD</AddressLine1>
            <City>ST LOUIS</City>
            <State>MO</State>
            <ZIPCode>53112</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>3500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WHATSOEVER CIRCLE COMMUNITY HOUSE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1201 EWING AVE</AddressLine1>
            <City>KANSAS CITY</City>
            <State>MO</State>
            <ZIPCode>64126</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>VISITING NURSE HEALTH SERVICES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1941 SOUTH 42ND ST STE 225</AddressLine1>
            <City>OMAHA</City>
            <State>NE</State>
            <ZIPCode>68105</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AUTISM SOCIETY OF THE HEARTLAND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 860984</AddressLine1>
            <City>SHAWNEE</City>
            <State>KS</State>
            <ZIPCode>66203</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BELLEVUE POLICE COMMUNITY FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>505 CORNHUSKER ROAD STE 105 BOX 259</AddressLine1>
            <City>BELLEVUE</City>
            <State>NE</State>
            <ZIPCode>68005</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>KSDS INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>124 W 7TH STREET</AddressLine1>
            <City>WASHINGTON</City>
            <State>KS</State>
            <ZIPCode>66968</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>KANSAS FOR LIFE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2501 E CENTRAL</AddressLine1>
            <City>WICHITA</City>
            <State>KS</State>
            <ZIPCode>67214</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COOKIE CART</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1119 WEST BROADWAY AVE</AddressLine1>
            <City>MINNEAPOLIS</City>
            <State>MN</State>
            <ZIPCode>55411</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ALEXANDRA'S HOUSE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>638 W 39TH TER</AddressLine1>
            <City>KANSAS CITY</City>
            <State>MO</State>
            <ZIPCode>64111</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>STEPHEN CENTER INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2723 Q ST</AddressLine1>
            <City>OMAHA</City>
            <State>NE</State>
            <ZIPCode>68107</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NON-PROFIT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>60025</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>24916</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>1549</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>26465</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>26465</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="00000002">
      <AccountingFees>
        <Category>ASSOCIATED TRUST COMPANY ACCOUNTING</Category>
        <Amount>1984</Amount>
        <NetInvestmentIncome>1984</NetInvestmentIncome>
        <AdjustedNetIncome>1984</AdjustedNetIncome>
      </AccountingFees>
      <AccountingFees>
        <Category>MILLER, MCGINN &amp; CLARK SC ACCOUNTING</Category>
        <Amount>1675</Amount>
        <NetInvestmentIncome>1675</NetInvestmentIncome>
        <AdjustedNetIncome>1675</AdjustedNetIncome>
      </AccountingFees>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="00000003">
      <GainLossSaleOtherAsset>
        <Name>ASSOCIATED TRUST COMPANY</Name>
        <DateAcquired>2010-08</DateAcquired>
        <HowAcquired>Purchased</HowAcquired>
        <DateSold>2010-12</DateSold>
        <GrossSalesPrice>12067</GrossSalesPrice>
        <Basis>11041</Basis>
        <TotalNet>1026</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>ASSOCIATED TRUST COMPANY</Name>
        <DateAcquired>2005-04</DateAcquired>
        <HowAcquired>Purchased</HowAcquired>
        <DateSold>2010-12</DateSold>
        <GrossSalesPrice>155538</GrossSalesPrice>
        <Basis>155975</Basis>
        <TotalNet>-437</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>CAPITAL GAINS DISTRIBUTION</Name>
        <DateAcquired>2009-12</DateAcquired>
        <HowAcquired>Purchased</HowAcquired>
        <DateSold>2010-12</DateSold>
        <GrossSalesPrice>960</GrossSalesPrice>
        <TotalNet>960</TotalNet>
      </GainLossSaleOtherAsset>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpBondsSchedule documentId="00000004">
      <InvestmentsCorpBonds>
        <NameOfBond>ASSOCIATED TRUST CORP BONDS</NameOfBond>
        <EOYBookValue>191259</EOYBookValue>
        <EOYFMV>195886</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>ASSOCIATED TRUST CD</NameOfBond>
        <EOYBookValue>50000</EOYBookValue>
        <EOYFMV>50228</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="00000005">
      <InvestmentsCorpStock>
        <NameOfStock>ASSOCIATED TRUST CORP STOCK</NameOfStock>
        <EOYBookValue>501755</EOYBookValue>
        <EOYFMV>557755</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="00000006">
      <StateLocalSecuritiesEOYBookVal>15128</StateLocalSecuritiesEOYBookVal>
      <StateLocalSecuritiesEOYFMV>15061</StateLocalSecuritiesEOYFMV>
    </InvestmentsGovtObligationsSch>
    <OtherProfessionalFeesSchedule documentId="00000007">
      <OtherProfessionalFees>
        <Category>NORTH STARR ASSET MANAGEMENT OTHER PROFESSIONAL</Category>
        <Amount>2422</Amount>
        <NetInvestmentIncome>2422</NetInvestmentIncome>
        <AdjustedNetIncome>2422</AdjustedNetIncome>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="00000008">
      <Taxes>
        <Category>FOREIGN TAXES PAID</Category>
        <Amount>188</Amount>
        <NetInvestmentIncome>188</NetInvestmentIncome>
        <AdjustedNetIncome>188</AdjustedNetIncome>
      </Taxes>
      <Taxes>
        <Category>FEDERAL INCOME TAX FOR 2009</Category>
        <Amount>133</Amount>
        <NetInvestmentIncome>133</NetInvestmentIncome>
        <AdjustedNetIncome>133</AdjustedNetIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>