J R ALBERT FOUNDATION INC: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: J R ALBERT FOUNDATION INC (EIN 26-0147405)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-06-01
IRS object ID: 201131529349100308
Schema version: 2010v3.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
All Oth Prog Rltd Investments Sch
Depreciation Schedule
Land Etc Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Assets Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-06-01T12:16:30-07:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	STINSON MORRISON HECKER LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	1201 WALNUT SUITE 2900	AddressLine1
City	KANSAS CITY	City
State	MO	State
ZIP Code	64106	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	260147405	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	J R ALBERT FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	JRAL	NameControl
Phone	6303357098	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	55 S MAIN ST	AddressLine1
City	NAPERVILLE	City
State	IL	State
ZIP Code	60540	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	PATRICIA ROBB	Name
Title	CEO	Title
Phone	6303357098	Phone
Date Signed	2011-06-01	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	KENT V STALLARD	Name
Phone	8168428600	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	35829890	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Received Rev And Expnss	246944	ContriReceivedRevAndExpnss
Interest On Savings Rev And Expnss	195	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	195	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	935068	DividendsRevAndExpnss
Dividends Net Invst Incm	935068	DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm	1993800	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	1182207	TotalRevenueAndExpenses
Total Net Investment Income	2929063	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	144000	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	12000	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	132000	CompOfcrDirTrstDsbrsChrtblPrps
Pension Empl Bnft Rev And Expnss	10198	PensionEmplBnftRevAndExpnss
Pension Empl Bnft Net Invst Incm	836	PensionEmplBnftNetInvstIncm
Pension Empl Bnft Dsbrs Chrtbl Prps	9362	PensionEmplBnftDsbrsChrtblPrps
Legal Fees Rev And Expnss	23948	LegalFeesRevAndExpnss
Legal Fees Dsbrs Chrtbl Prps	23948	LegalFeesDsbrsChrtblPrps
Accounting Fees Rev And Expnss	645	AccountingFeesRevAndExpnss
Accounting Fees Dsbrs Chrtbl Prps	645	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	74326	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	74326	OtherProfFeesNetInvstIncm
Taxes Rev And Expnss	1800	TaxesRevAndExpnss
Taxes Net Invst Incm	1800	TaxesNetInvstIncm
Deprec And Depletion Rev And Expnss	797	DeprecAndDepletionRevAndExpnss
Deprec And Depletion Adj Net Incm	797	DeprecAndDepletionAdjNetIncm
Occupancy Rev And Expnss	12000	OccupancyRevAndExpnss
Occupancy Dsbrs Chrtbl Prps	12000	OccupancyDsbrsChrtblPrps
Trav Conf Meeting Rev And Expnss	12866	TravConfMeetingRevAndExpnss
Trav Conf Meeting Net Invst Incm	882	TravConfMeetingNetInvstIncm
Trav Conf Meeting Dsbrs Chrtbl Prps	11984	TravConfMeetingDsbrsChrtblPrps
Other Expenses Rev And Expnss	14332	OtherExpensesRevAndExpnss
Other Expenses Dsbrs Chrtbl Prps	14332	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	294912	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	89844	TotOprExpensesNetInvstIncm
Tot Opr Expenses Adj Net Incm	797	TotOprExpensesAdjNetIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	204271	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	1742785	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	1742785	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	2037697	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	89844	TotalExpensesNetInvstIncm
Total Expenses Adj Net Incm	797	TotalExpensesAdjNetIncm
Total Expenses Dsbrs Chrtbl Prps	1947056	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-855490	ExcessOfRevenueOverExpenses
Net Investment Income	2839219	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	1120742	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	515656	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	515656	SavingsAndTempCashInvstEOYFMV
Land Building And Equipment Basis	2098	LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip	902	AccumDeprecLandBldgAndEquip
Land Building And Equipment BOY	1993	LandBuildingAndEquipmentBOY
Land Building And Equipment EOY	1196	LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV	1196	LandBuildingAndEquipmentEOYFMV
Other Assets BOY	30080422	OtherAssetsBOY
Other Assets EOY	31776578	OtherAssetsEOY
Other Assets EOYFMV	35313038	OtherAssetsEOYFMV
Total Assets BOY	31203157	TotalAssetsBOY
Total Assets EOY	32293430	TotalAssetsEOY
Total Assets EOYFMV	35829890	TotalAssetsEOYFMV
Accounts Payable BOY	7104	AccountsPayableBOY
Total Liabilities BOY	7104	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	31196053	UnrestrictedBOY
Unrestricted EOY	32293430	UnrestrictedEOY
Total Net Assets BOY	31196053	TotalNetAssetsBOY
Total Net Assets EOY	32293430	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	31203157	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	32293430	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	31196053	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-855490	ExcessOfRevenueOverExpenses
Other Increases	1993801	OtherIncreases
Subtotal	32334364	Subtotal
Other Decreases	40934	OtherDecreases
Total Net Assets Fund Balances EOY	32293430	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 entries)

Description Of AssetDescriptionOfAsset	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
PUBLICLY TRADED SECURITIES	85261	0	85261	85261
PUBLICLY TRADED SECURITIES	22143955	20235416	1908539	1908539
	0	0	0	0

Field	Value	IRS element (for citing)
Capital Gain Net Income	1993800	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	1475046	QualifyingDistributionsYear1
Noncharitable Assets Year1	29081092	NoncharitableAssetsYear1
Distribution Ratio Year1	0.050722	DistributionRatioYear1
Qualifying Distributions Year2	194695	QualifyingDistributionsYear2
Noncharitable Assets Year2	27959537	NoncharitableAssetsYear2
Distribution Ratio Year2	0.006963	DistributionRatioYear2
Noncharitable Assets Year3	8498073	NoncharitableAssetsYear3
Distribution Ratio Year3	0.000000	DistributionRatioYear3
Total Distribution Ratio	0.057685	TotalDistributionRatio
Average Distribution Ratio	0.019228	AverageDistributionRatio
Net Noncharitable Assets	33401436	NetNoncharitableAssets
Adjusted Noncharitable Assets	642243	AdjustedNoncharitableAssets
One Percent Net Investment Income	28392	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	670635	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	1947056	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	X	DomesticOrgMeetingSect4940e
Investment Income Excise Tax	28392	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	28392	Subtotal
Tax Based On Investment Income	28392	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	8000	EstTaxPaymentsAndOverpayment
Tax Paid With Extension	20401	TaxPaidWithExtension
Total Credits And Payments	28401	TotalCreditsAndPayments
Original Return Overpayment	-28401	OriginalReturnOverpayment
Overpayment	9	Overpayment
Amount Credited To Next Year	9	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	true	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	MO	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	true	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	PATRICIA BELLE ROBB	BooksInCareOfPersonName
Books In Care Of Phone Number	6303357098	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	55 S MAIN ST STE 307	AddressLine1
City	NAPERVILLE	City
State	IL	State
ZIP Code	60540	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	true	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Acts Fail To Qualify As Exceptions	false	ActsFailToQualifyAsExceptions
Uncorrected Prior Acts	false	UncorrectedPriorActs
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
B JOANNE SANTE
55 S MAIN ST STE 307	NAPERVILLE	IL	60540	PRES/TREAS/DIRECTOR	20.00	24000	0	0
MICHAEL R SANTE
55 S MAIN ST STE 307	NAPERVILLE	IL	60540	SECY/ASST TREAS/DIRE	5.00	0	0	0
PATRICIA BELLE ROBB
55 S MAIN ST STE 307	NAPERVILLE	IL	60540	CEO/DIRECTOR	40.00	120000	0	0
PATRICIA L ROBB
55 S MAIN ST STE 307	NAPERVILLE	IL	60540	DIRECTOR	5.00	0	0	0
CAROL DEESE
55 S MAIN ST STE 307	NAPERVILLE	IL	60540	DIRECTOR	5.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	32825739	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	1069278	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	15070	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	33910087	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	33910087	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	508651	CashDeemedCharitable
Net Noncharitable Assets	33401436	NetNoncharitableAssets
Minimum Investment Return	1670072	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	1670072	MinimumInvestmentReturn
Tax Based On Investment Income	28392	TaxBasedOnInvestmentIncome
Total Tax	28392	TotalTax
Distributable Amount Before Adj	1641680	DistributableAmountBeforeAdj
Distributable Amount Before Ded	1641680	DistributableAmountBeforeDed
Distributable Amount As Adjusted	1641680	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	1947056	ExpensesAndContributions
Qualifying Distributions	1947056	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	28392	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	1918664	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	1641680	DistributableAmountAsAdjusted
Undistributed Income Prior Year	1244240	UndistributedIncomePriorYear
Qualifying Distributions	1947056	QualifyingDistributions
Applied To Year1	1244240	AppliedToYear1
Applied To Current Year	702816	AppliedToCurrentYear
Undistributed Income CY	938864	UndistributedIncomeCY

Supplementary Information SupplementaryInformation

Field	Value	IRS element (for citing)
Contributing Manager	NONE	ContributingManager
Shareholder Manager	NONE	ShareholderManager

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	PATRICIA BELLE ROBB	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	55 S MAIN ST SUITE 307	AddressLine1
City	NAPERVILLE	City
State	IL	State
ZIP Code	60540	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	6303357098	RecipientPhoneNumber
Form And Info And Materials	ALL APPLICATIONS MUST BE SUBMITTED VIA ONLINE SYSTEM AT WWW.JRALBERTFOUNDATION.ORG	FormAndInfoAndMaterials
Submission Deadlines	JANUARY 31 AND JULY 31 OF EACH YEAR	SubmissionDeadlines
Restrictions On Awards	NONE	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (34 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
URBAN INITIATIVES
650 W LAKE ST 340	CHICAGO	IL	60661	501(c)(3)	soccer & nutritionafter schooleducation for urban schools	$150,000
ALVIN MANVEL COMMUNITY PANTRY
1212 S DURANT	ALVIN	TX	77511	501(c)(3)	for familiesfood distributionin need	$13,000
AMERICAN CANCER SOCIETY
1801 MEYERS ROAD	OAK BROOK TERRACE	IL	60181	501(c)(3)	charitable	$2,500
FRIENDS OF ALVIN PARKS
800 DYCHE LANE	ALVIN	TX	77511	501(c)(3)	charitable	$5,935
KID2KID INC
101 PALFREY ST	WATERTOWN	MA	04272	501(c)(3)	charitable	$25,000
LOAVES & FISHES OF NAPERVILLE
555 W 5TH AVE	NAPERVILLE	IL	60563	501(c)(3)	charitable	$5,000
NORTHWESTERN UNIVERSITY
750 LAKE SHORE DRIVE	CHICAGO	IL	60611	501(c)(3)	healthy lifestyles	$299,000
UNIVERSITY OF MISSOURI
310 JESSE HALL	COLUMBIA	MO	65211	501(c)(3)	healthy lifestyles	$66,000
ACTION FOR HEALTHY KIDS
4711 GOLF ROAD	SKOKIE	IL	60076	501(c)(3)	healthy lifestyles	$1,000
AGAPE MISSION
309 S BUCY	BARTLESVILLE	OK	74005	501(c)(3)	charitable	$10,000
AMERICAN HEART ASSOCIATION
208 S LASALLE	CHICAGO	IL	60604	501(c)(3)	charitable	$1,000
AMERICAN RED CROSS
PO BOX 37243	WASHINGTON	DC	20013	501(c)(3)	charitable	$6,000
ARBOR HOUSE
1609 NW 20TH WAY	GAINESVILLE	FL	32605	501(c)(3)	charitable	$2,500
BOYS AND GIRLS CLUB
800 NORTHPOINT PKWY STE 204	WEST PALM BEACH	FL	33407	501(c)(3)	charitable	$50,000
CHICAGO COMMUNITY TRUST
111 E WACKER DRIVE	CHICAGO	IL	60601	501(c)(3)	charitable	$50,000
COMM FOOD SECURITY COALITION
245 DUFOUR ST	SANTA CRUZ	CA	95960	501(c)(3)	charitable	$53,000
DUPAGE EDUCATIONAL FDN
111 N COUNTY FARM	WHEATON	IL	60187	501(c)(3)	charitable	$100,000
FAMILIES HELPING FAMILIES
825 LYNDHURST CT	NAPERVILLE	IL	60563	501(c)(3)	charitable	$5,000
GROWING HOME
2732 N CLARK STE 310	CHICAGO	IL	60614	501(c)(3)	charitable	$75,000
GROWING POWER
5500 W SILVER SPRING DR	MILWAUKEE	WI	53218	501(c)(3)	charitable	$200,000
HEALTHY SCHOOLS CAMPAIGN
175 N FRANKLIN STE 300	CHICAGO	IL	60606	501(c)(3)	charitable	$70,000
IATP
2105 FIRST AVENUE	MINNEAPOLIS	MN	55404	501(c)(3)	charitable	$20,000
KC HEALTHY KIDS
PO BOX 480277	KANSAS CITY	MO	64148	501(c)(3)	charitable	$50,000
MAYO CLINIC
200 FIRST STREET SW	ROCHESTER	MN	55905	501(c)(3)	charitable	$155,350
NATIONAL PARKS & RECREATION
22377 BELMONT RIDGE RD	ASHBURN	VA	20143	501(c)(3)	charitable	$150,000
NORTHERN ILLINOIS FOOD BANK
600 INDUSTRIAL DRIVE	ST CHARLES	IL	60174	501(c)(3)	hunger relief	$50,000
NVHS
2360 95TH STREET	NAPERVILLE	IL	60564	501(c)(3)	charitable	$500
OTTAWA YMCA FUND
109 E 2ND STREET	OTTAWA	KS	66067	501(c)(3)	charitable	$15,000
PORT ISABEL PUBLIC LIBRARY
213 N YTURRIA ST	PORT ISABEL	TX	78578	501(c)(3)	charitable	$2,500
SOCIETY OF ST ANDREWS
3801 TOPPING	KANSAS CITY	MO	64129	501(c)(3)	charitable	$50,000
ST JOHNS CHURCH OF CHRIST
309 5TH ST	AURORA	IL	60505	501(c)(3)	charitable	$2,500
SUNSHINE ANIMAL HAVEN
PO BOX 597	NICHOLS	SC	29581	501(c)(3)	charitable	$5,000
TRINITY PRESBYTERIAN CHURCH
46976 ELMSMERE DR	NORTHVILLE	MI	48167	501(c)(3)	charitable	$10,000
WOMENS INTERCULTURAL CENTER
303 LINCOLN ST	ANTHONY	NM	88021	501(c)(3)	charitable	$42,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	1742785	TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$195	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$935,068	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$935,263	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	935263	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	X	Organization501c3ExemptPF
General Rule	X	GeneralRule

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	1	ContributorNumber
Contributor Name Individual	JR ALBERT TRUST	ContributorNameIndividual

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 2209	AddressLine1
City	ALVIN	City
State	TX	State
ZIP Code	77512	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	246944	AggregateContributions
Person Contribution Type	X	PersonContributionType

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	SUREPAYROLL PAYROLL PROCESSING	Category
Amount	$645	Amount
Disbursements Charitable Prps	645	DisbursementsCharitablePrps

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Oth Prog Rltd Investments AllOthProgRltdInvestments

Field	Value	IRS element (for citing)
Description	NONE	Description

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation

Field	Value	IRS element (for citing)
Description Of Property	COMPUTER EQUIPMENT	DescriptionOfProperty
Date Acquired	2009-12-12	DateAcquired
Cost Or Other Basis	2098	CostOrOtherBasis
Prior Years Depreciation	105	PriorYearsDepreciation
Computation Method	200DB	ComputationMethod
Life	5.00	Life
Current Year Expense	797	CurrentYearExpense
Adjusted Net Income	797	AdjustedNetIncome

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc

Field	Value	IRS element (for citing)
Category Or Item	COMPUTER EQUIPMENT	CategoryOrItem
Cost Or Other Basis	2098	CostOrOtherBasis
Accumulated Depreciation	902	AccumulatedDepreciation
Book Value	1196	BookValue

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Field	Value	IRS element (for citing)
Category	STINSON MORRISON HECKER LEGAL & EXCISE TAX PREP	Category
Amount	$23,948	Amount
Disbursements Charitable Prps	23948	DisbursementsCharitablePrps

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (4 entries)

DescriptionDescription	BOY Book ValueBOYBookValue	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
DIVIDENDS DUE FROM RICs	67614	15750	15750
SECURITY DEPOSIT	2000	2000	2000
FEDERAL TAX DEPOSITS	22134	8000	8000
MUTUAL FUNDS	29988674	31750828	35287288

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (4 entries)

DescriptionDescription	BOY Book ValueBOYBookValue	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
DIVIDENDS DUE FROM RICs	67614	15750	15750
SECURITY DEPOSIT	2000	2000	2000
FEDERAL TAX DEPOSITS	22134	8000	8000
MUTUAL FUNDS	29988674	31750828	35287288

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (4 entries)

DescriptionDescription	BOY Book ValueBOYBookValue	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
DIVIDENDS DUE FROM RICs	67614	15750	15750
SECURITY DEPOSIT	2000	2000	2000
FEDERAL TAX DEPOSITS	22134	8000	8000
MUTUAL FUNDS	29988674	31750828	35287288

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases (2 entries)

DescriptionDescription	AmountAmount
FEDERAL EXCISE TAX	$7,971
SETTLEMENT AGREEMENT SEE ATTACHED	$32,963

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (8 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Disbursements Charitable PrpsDisbursementsCharitablePrps
Association fees	1190	1190
Computer expenses	5692	5692
Entertainment	172	172
Insurance	3751	3751
Miscellaneous	63	63
Office expense	644	644
Postage	185	185
Telephone & internet	2635	2635

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Field	Value	IRS element (for citing)
Description	CAPITAL GAINS	Description
Amount	$1,993,801	Amount

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Field	Value	IRS element (for citing)
Category	FIDELITY INVESTMENTS	Category
Amount	$74,326	Amount
Net Investment Income	74326	NetInvestmentIncome

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	Foreign taxes withheld	Category
Amount	$1,800	Amount
Net Investment Income	1800	NetInvestmentIncome

J R ALBERT FOUNDATION INC: Form 990PF, tax year 2010

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (3 entries)

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (5 entries)

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Recipient US Address RecipientUSAddress

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (34 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Contributor Address US ContributorAddressUS

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch

All Oth Prog Rltd Investments AllOthProgRltdInvestments

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFees

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (4 entries)

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (4 entries)

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets (4 entries)

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases (2 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (8 entries)

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

Taxes Schedule TaxesSchedule

Taxes Taxes

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