Form 990-PF Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation Internal Revenue Service ( 77) Note : The foundation may be able to use a copy of this return to satisfy state reporti OMB No 1545-0052 ts. 1 2007 For calendar Year 2007, or tax Year beginning , and endinq G Check all that a pp ly LJ Initial ret m L-I Final return L-J Amended return L-I Address chan g e L-J Name chan g e Use the IRS Name of foundation A Employer Identification number label. Otherwise , B. P., LESTER & REGINA JOHN FOUNDATION 23-7110263 print Number and street (or P O box number if mail Is not delivered to street address) Roornrsulte B Telephone number or type . 1000 SW VISTA , SUITE 116 ( 503 ) 223-4590 See Specific Instructions City or town, state, and ZIP code • C If exemption application is pending, check here. ► 0 . ORTLAND OR 9 7 2 0 5 D 1• Foreign organizations , check here ► 0 mrate foundation H Check typ e of org anization X Section 501 ( c )( 3 ) exempt private 2. Foreign here and organizations attach meeting the computation . . 85% . test, .. ► LI c Q Section 4947 ( a )( 1 ) nonexem pt charitable trust 0 Other taxable p rivate foundation in E If f d ti t t d t tt I Fair market value of all assets at end of year J Accounting method* OX Cash 0 Accrual priva oun on s a us was erm a e e a under section 507(b)(1)(A), check here (from Part ll, col. (c), line 16 ) 0 Other (specify) F If the foundation is in a 60-month termination ► $ 22 , 294 , 372 • (Part 1, column (J must be on cash basis .) under section 507 ( b )( 1 B), check here ► pairt 1 Analysis of Revenue and Expenses ( a) Revenue and (b ) Net investment ( c) Adjusted net ( d) Disbursements (rhe total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) ) expenses per books income income for charitable purposes (cash basis only) 1 Contributions , gifts, grants , etc., received .. I 2 Check ► Q H the foundation Is not required to attach Sch B Interest on savings and temporary 3 cash investments • 4 , 871 4 871. A ZDWNT 1 + L+J 4 Dividends and interest from securities .. 558, 328. 558,328. ST ATEMENT 2 5a Gross rents .... _.._ . 8 7 , 7 26 • 87, 726. 'A IFWT 3 b Not rented Income or Coss) 69 , 329. T. x' ,'EMEW 4 6a Net gain or Coss) from sale of assets not on line 10 1, 183,626. 7- OR b Gross sales price for all 7 7 2 1 3 0 0. assets on line 6a IF / . m 7 Capital gain net income (from Part IV, line 2) 1 1 183,626. ®cc 8 Net short -term capital gain . ... . , ,. , _ , 9 Income modifications ..... .. Gross sales less returns 10a and allowances . . b Less Cost of goods sold c Gross profit or (loss) . .. 0 11 Other income 207. 207. TAT rNENT 5 12 Total . Add lines 1throu thr 1 , 834 , 758. 1 834 758• 13 Compensation of officers, directors , trustees , etc 21, 200. 10, 600. 10,600 . 14 Other employee salaries and wages 15 Pension plans , employee benefits y 16a Legal fees . . . CL b Accounting fees STMT . 6 3,515. 1,758. 1,757. W c Other professional fees > 17 Interest 384. 384. 0. 2 18 Taxes STMT 7. 38,635. 13 , 678. 1,250. .in E 19 Depreciation and depletion _ 10, 961. 10 , 834. T 20 Occupancy 4, 800. 2,400. 2,400. a 21 Travel , conferences , and meetings 252. 12 6 . 12 6 . 22 Pnnting and publications _ 23 Other expenses STMT. 8 13,287. 12,664. 623. 24 Total operating and administrative a. expenses . Add lines 13 through 23 93 , 034. 52 , 444. 16 756 . 0 25 Contributions, gifts, grants paid 1, 016 , 95 0 . 1, 016 , 950 . 25 Total expenses and disbursements. Add-lines 24and25_-,, 1 , 109 , 984. 52 , 444. 1 033 706. 27 ubtracl a sofrevenue over expenses and tl ments 724,774 . b nvg ;t I' Coe, n abve erne -0-) . 11782,314 . c St d^jl Inc_m ,,+ e, t ' N/A L Priva c y Act and Pa p IN Reduction Act Notice , see the instructions . Form 990-PF (2007) 02-20-08 723501 OGDEN UT 1
58
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Form 990-PF Return of Private Foundation ts. 1 2007990s.foundationcenter.org/990pf_pdf_archive/237/...Form990-PF (2007) B. P. LESTER & REGINA JOHN FOUNDATION 23-7110263 Page 3 F' IV
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Form 990-PF Return of Private Foundationor Section 4947(a)(1) Nonexempt Charitable Trust
Department of the Treasury Treated as a Private FoundationInternal Revenue Service (77) Note : The foundation may be able to use a copy of this return to satisfy state reporti
OMB No 1545-0052
ts. 1 2007For calendar Year 2007, or tax Year beginning , and endinq
G Check all that a pp ly LJ Initial ret m L-I Final return L-J Amended return L-I Address chang e L-J Name chang e
Use the IRS Name of foundation A Employer Identification number
label.Otherwise , B. P., LESTER & REGINA JOHN FOUNDATION 23-7110263
print Number and street (or P O box number if mail Is not delivered to street address) Roornrsulte B Telephone numberor type . 1000 SW VISTA , SUITE 116 ( 503 ) 223-4590
See SpecificInstructions
City or town, state, and ZIP code • C If exemption application is pending, check here. ►0.ORTLAND OR 9 7 2 0 5 D 1• Foreign organizations , check here ►0
mrate foundationH Check type of org anization X Section 501 (c )( 3 ) exempt private 2. Foreignhere andorganizations
attachmeeting thecomputation . .
85%.test,
..►LI
c
Q Section 4947 ( a )( 1 ) nonexempt charitable trust 0 Other taxable p rivate foundation inE If f d ti t t dt t tI Fair market value of all assets at end of year J Accounting method* OX Cash 0 Accrual
priva oun on s a us was erm a ee aunder section 507(b)(1)(A), check here
(from Part ll, col. (c), line 16) 0 Other (specify) F If the foundation is in a 60-month termination► $ 22 , 294 , 372 • (Part 1, column (J must be on cash basis.) under section 507 ( b )( 1 B), check here ►pairt 1 Analysis of Revenue and Expenses ( a) Revenue and (b ) Net investment ( c) Adjusted net ( d) Disbursements
(rhe total of amounts in columns (b), (c), and (d) may notnecessarily equal the amounts in column (a) ) expenses per books income income for charitable purposes
(cash basis only)
1 Contributions , gifts, grants , etc., received .. I
2 Check ►Q H the foundation Is not required to attach Sch B
Interest on savings and temporary3 cash investments •4 , 871 4 871.
A ZDWNT 1+ L+J
4 Dividends and interest from securities .. 558, 328. 558,328. STATEMENT 25a Gross rents .... _.._ . 8 7 , 7 2 6 • 87, 726. 'A IFWT 3b Not rented Income or Coss) 69 , 329. T. x' ,'EMEW 4
6a Net gain or Coss) from sale of assets not on line 10 1, 183,626.7-
OR b Gross sales price for all7 7 2 1 3 0 0.assets on line 6a IF /
.
m 7 Capital gain net income (from Part IV , line 2) 1 1 183,626.®cc 8 Net short-term capital gain . ... . , ,. , _ ,
9 Income modifications ..... ..Gross sales less returns
L Priva cy Act and Pa p IN Reduction Act Notice , see the instructions . Form 990-PF (2007)
02-20-08723501 OGDEN UT1
Form 990-PF (2007) B. P.. LESTER & REGINA JOHN FOUNDATION
i 1
2 3-71 1 0263 Panel
Attarhedschedulesandamounts inthedesrnpbonBalance SheetsjiBeginning of year End of year1jft column should beforendol-yearamountsonty ( a) Book Value ( b) Book Value (c) Fair Market Value
16 Total assets (to be completed by all filers 19 , 443 , 185. 20 , 145 , 449. 22 , 294 , 372.17 Accounts payable and accrued expenses - - - -
18 Grants payable
19 Deferred revenue ,, , , , ,,,,,,, ,
20 Loans from officers , directors , trustees , and other disqualified persons
m 21 Mortgages and other notes payable - , , , ,,,,,, , ,,,,,,,
J 22 Other liabilities (describe ►
23 Total liabilities (add lines 17 throu g h 22 ) 0. 0.
Foundations that follow SFAS 117, check here ►and complete lines 24 through 26 and lines 30 and 31.
H
24 Unrestricted
0 25 Temporarily restrictedW
26 Permanently restricted
Foundations that do not follow SFAS 117, check here ►LL and complete lines 27 through 31.
° 27 Capital stock , trust principal , or current funds ,,,,, 0. 0.
28 Paid-in or capital surplus , or land , bldg., and equipment fund 0 . 0 .
a 29 Retained eamings , accumulated income , endowment , or other funds 19,443,185. 20,145,449.Z 30 Total net assets or fund balances - - - ,- - 19,443,185. 20,145 , 449.
31 Total liabilities and net assets and balances 19 , 443 , 185. 1 20 , 145 , 449,
p 1jj Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year - Part II, column (a), line 30
(must agree with end-of-year figure reported on prior year' s return)
2 Enter amount from Part I . line 27a
3 Other increases not included in line 2 ( itemize) ►4 Add lines 1 , 2, and 3 -
5 Decreases not included in line 2 ( itemize ) ► SECURITY BALANCE ADJUSTMENTS
6 Total net assets or fund balances at end of year ( line 4 minus line 5) - Part II . column ( b). line 30
723511o2-20-08
1 19,443,185.2 724,774.3 0.
20,167,959.22,510.
20,145,449.Form 990-PF (2007)
2
Form 990-PF (2007) B. P . LESTER & REGINA JOHN FOUNDATION 23-7110263 Page 3
F' IV Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind (s) of property sold (e g , real estate ,2-story brick warehouse ; or common stock , 200 shs MLC Cory )
e 7 , 721,300. 1 6,537,674. 1,183,626.Complete only for assets showing gain in column (h) and owned by the foundation on 12/31 /69 (I) Gains ( Col (h) gain minus
(1) F M V as of 12/31/69(j) Adjusted basisas of 12/31/69
( k) Excess of col. (i)over col (1), if any
col (k), but not less than -0-) orLosses (from col. (h))
a
b
c
d
e 1 , 183 , 626.
2 ent If (lss)Ienter -0
er -er-in
i n PartPart
1,I line
llnee 77
lCapital gain net income or ( net capital loss ) f (l oossI 1 - -- -•
2 1,183 , 626.
3
,,
Net short-term capital gain or ( loss) as defined in sections 1222 (5) and (6).If gain, also enter in Part I, line 8, column (c)If (loss ), enter -0- in Part I , line 8 3 N/A
I Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income )
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? .. . 0 Yes EKI No
If'Yes'the foundation does not qualify under section 4940 ( e) Do not complete this part
1 Enter the appropriate amount in each column for each year , see instructions before making any entries.
Base period yearsCalendar year ( or tax year be innin in )
2 Total of line 1 , column (d).. . . ... ... 2 .201402
3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5 ,
the foundation has been in existence if less than 5 years
or by the number of years
3 . 0 4 0 2 8 0
4 Enter the net value of noncharitable-use assets for 2007 from Part X , line 5 4 22 , 347,865.
5 Multiply line 4 by line 3 5 900 , 172.
6 Enter 1% of net investment income ( 1% of Part I, line 27b) 6 17,823.
7 Addlines5and6 ... 7 917,995.
8 Enter qualifying distributions from Part XII , line 4 8 1 , 033,706.
If line 8 is equal to or g reater than line 7, check the box in Part VI, line 1 b, and complete that part using a 1% tax rateSee the Part VI instructions
723521 /02-20-08 Form 990-PF (2007)
3
Form 990-PF (2007) B. P ., LESTER & REGINA JOHN FOUNDATION 23-7110263 Page 4
Part VI Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948 - see instructions)
la Exempt operating foundations described in section 4940(d)(2), check here ►0 and enter'WA' on line 1
Date of ruling letter (attach copy of ruling letter if necessary -see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check here ►0 and enter 1% 1 17,823.
of Part I, line 27b
c All other domestic foundations enter 2% of line 27b Exempt foreign organizations enter 4% of Part I, line 12, col (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0.
3 Add lines 1and2 3 17 , 823.
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0.
5 Tax based on Investment Income . Subtract line 4 from line 3 If zero or less, enter-0- 5 17,823.
6 Credits/Payments
a 2007 estimated tax payments and 2006 overpayment credited to 2007 .. 6a 15, 240.
b Exempt foreign organizations - tax withheld at source .. 6b
c Tax paid with application for extension of time to file (Form 8868) . ..... . 6c
7 Total credits and payments. Add lines 6a through 6d . ..... .... 7 15,240.
8 Enter any penalty for underpayment of estimated tax Check here E:1 if Form 2220 is attached --...... 8
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed •• • ► 9 2,583.
10 Overpayment . If line 7 is more than the total of lines 5 and 8, enter the amount overpaid ... .. ► 10
11 Enter the amount of line 10 to be . Credited to 2008 estimated tax ► Refunded ► 11
1'04t VU A Stateme nts Regarding Activities
did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in1 a During the tax year Yes No,
any political campaign? 1a X
b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see instructions for definition)? 1b X
If the answer is "Yes" to 1 a or 1 b, attach a detailed description of the activities and copies of any materials published or
distributed by the foundation in connection with the activities.
c Did the foundation file Form 1120-POL for this year? - .......... 1c X.,
d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. ► $ 0. (2) On foundation managers. ► $ 0
e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed on foundation
managers. ► $ 0
2 Has the foundation engaged in any activities that have not previously been reported to the IRS? 2 X
If "Yes," attach a detailed description of the activities.
3 Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or
or other similar instruments? If "Yes," attach a conformed copy of the changes -- ....bylaws 3 X,
4a Did the foundation have unrelated business gross income of $1,000 or more during the year? ... 4a X
b If *Yes, has it filed a tax return on Form 990-T for this year? N/A 4b
5 Was there a liquidation, termination, dissolution, or substantial contraction during the year? . . . . .. . 5 X
If "Yes," attach the statement required by General Instruction T.
6 Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
• By language in the governing instrument, or
• By state legislation that effectively amends the governing instrument so that no mandatory directions that conflict with the state law
remain in the governing instrument? .. 6 X. . . .
7 Did the foundation have at least $5,000 in assets at any time during the year? 7 X
If "Yes," complete Part 11, col. (c), and Part XV.
8a Enter the states to which the foundation reports or with which it is registered (see instructions) ►OR
b If the answer is Yes to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate)
of each state as required by General Instruction G? If "No," attach explanation b X
9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar
year 2007 or the taxable year beginning in 2007 (see instructions for Part XIV)? If "Yes," complete PartXIV . 9 X
10 Did any oersons become substantial contributors during the tax year? n •ves.• attach a schedule itstinq their names and addresses 10 X
Form 990-PF (2007)
72353102-20-08
4
Form 990-PF (2007) B. P. , LESTER & REGINA JOHN FOUNDATION 23-7110263 Page 5
Part VU-A Statements Regarding Activities (continued)
11a At any time during the year , did the foundation , directly or indirectly , own a controlled entity within the meaning of section 512(b)(13)?
If 'Yes; attach schedule (see instructions ) - - 11a X
b If 'Yes ; did the foundation have a binding written contract in effect on August 17, 2006, covering the interest , rents , royalties, and
annuities described in the attachment for line 11 a? - ... - - NIA 11b
12 Did the foundation acquire a direct or indirect interest in any applicable insurance contract? - - - - 12 X
13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application? - 13 X
Website address ► N/A
14 Thebooksareincareof ► PATRICIA ABRAHAM Telephone 503-223-4590
Locatedat ► 1000 SW VISTA, #116, PORTLAND, OR ZIP+4 ►9720515 Section 4947 (a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 - Check here . .. . . . ... ►
enBa or accruea aunng the year -. N/A
Part VUI-B Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies. Yes No
la During the year did the foundation ( either directly or indirectly):
(1) Engage in the sale or exchange , or leasing of property with a disqualified person? - M Yes 0 No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? . ....... 0 Yes Ell No
(3) Furnish goods , services , or facilities to ( or accept them from) a disqualified persons ..... .. . .. . .. 0 Yes [K] No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? . ........ .... . .. ... I Yes 0 No
(5) Transfer any income or assets to a disqualified person ( or make any of either available
for the benefit or use of a disqualified person )? •-- - .. ... ... ... .. • ,. Yes FRI No
(6) Agree to pay money or property to a government official? ( Exception . Check 'No'
if the foundation agreed to make a grant to or to employ the official for a period after
termination of government service , it terminating within 90 days ) .. ... ...... .. .. .... . . . Yes M No
b If any answer is 'Yes' to 1 a ( 1)-(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53 .4941 (d )-3 or in a current notice regarding disaster assistance (see page 22 of the instructions)? 1 b X
Organizations relying on a current notice regarding disaster assistance check here - - - ---- - - ------ ►0c Did the foundation engage in a prior year in any of the acts described in la, other than excepted acts , that were not corrected
before the first day of the tax year beginning in 20072 .. 1c X
2 Taxes on failure to distribute income (section 4942 ) (does not apply for years the foundation was a private operating foundation
defined in section 4942 (j)(3) or 4942 (j)(5)):
a At the end of tax year 2007 , did the foundation have any undistributed income ( lines 6d and 6e, Part XIII) for tax year ( s) beginning
before 2007 ? . ED Yes 0 No
If'Yes ; list the years ►b Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect
valuation of assets ) to the year' s undistributed income? ( If applying section 4942(a)(2) to all years listed , answer 'No' and attach
statement - see instructions .) - N/A- - 2b
c If the provisions of section 4942 (a)(2) are being applied to any of the years listed in 2a , list the years here.
3a Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time
during the year? -- - Yes No
b If 'Yes ; did it have excess business holdings in 2007 as a result of ( 1) any purchase by the foundation or disqualified persons after
May 26 , 1969; (2) the lapse of the 5-year period ( or longer period approved by the Commissioner under section 4943 (c)(7)) to dispose
of holdings acquired by gift or bequest; or (3) the lapse of the 10- , 15-, or 20-year first phase holding period? (Use Schedule C,
Form 4720, to determine if the foundation had excess business holdings in 2007.) .. N/ A- 3b
4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes ? - . . 4a X
b Did the foundation make any investment in a prior year ( but after December 31, 1969 ) that could jeopardize its charitable purpose that
I4bI IXForm 990-PF (2007)
723541o2-20-07
5
B. P. , LESTER & REGINA JOHN FOUNDATION 23-7110263 PaeaP VU[-H Statements Regarding Activities for Which Form 4720 May Be Required (continued
5a During the year did the foundation pay or incur any amount to
(1) Carry on propaganda , or otherwise attempt to influence legislation ( section 4945(e))? - 0 Yes EXI No
(2) Influence the outcome of any specific public election ( see section 4955 ), or to carry on , directly or indirectly,
any voter registration drive? 0 Yes 0 No
(3) Provide a grant to an individual for travel , study , or other similar purposes? - - . 0 Yes No
(4) Provide a grant to an organization other than a chartable , etc , organization described in section
509(a )( 1), (2), or (3), or section 4940 (d)(2)? 0 Yes 0 No
(5) Provide for any purpose other than religious , chantable , scientific , literary , or educational purposes, or for
the prevention of cruelty to children or animals ? 0 Yes MI No
b If any answer isYes ' to 5a(1)-(5 ), did any of the transactions fail to qualify under the exceptions described in Regulations
section 53 .4945 or in a current notice regarding disaster assistance ( see instructions)? N/A 5b
Organizations relying on a current notice regarding disaster assistance check here .... 0. .. . . .. . . . ......... . .
c If the answer is'Yes ' to question 5a(4), does the foundation claim exemption from the tax because it maintained
expenditure responsibility for the grant? ... .. ...... . N/A ..... 0 Yes LI No
If "Yes, " attach the statement required by Regulations section 53.4945-5(d).
6a Did the foundation , during the year, receive any funds , directly or indirectly , to pay premiums on
a personal benefit contract ? . .. ..... . .. . - ... ... 0 Yes EI No
b Did the foundation , during the year , pay premiums , directly or indirectly , on a personal benefit contract? 6b X
If you answered "Yes" to 6b, also file Form 8870.
7a At any time during the tax year , was the foundation a party to a prohibited tax shelter transaction ? ., . =1 Yes 0 No
h If vae r1ir1 tha fnunr1 Linn roruiva nnv nrnraarlc nr hava anv nat Inv r mA attnhifthlp to thP- tranS2r tion? N/A 7b
Infation AboutF-Pirt +^i PaidEmployeesand
Officers, Directors, Trustees, Foundation Managers, Highly
I 1 ist all officerc_ directors - trustees - foundation manaaers and their compensation.
(a) Name and address(b) Title, and average
hours per week devotedto p osition
(c) Compensation( It not paid ,enter -0 - )
(d^^+(d^,d
on
(e) Expenseaccount, otherallowances
SEE STATEMENT 14 21 , 200. 0. 0.
9 Cmmnensatinn of five hiohest- naid emnlovees (other than those included on line 7). If none. enter "NONE."
(a) Name and address of each employee paid more than $50,000(b) Title and average
hours per weekdevoted to-p osition
(c) Compensation(d)contibutonstogV,° „fib
lam
c asaton
(e) Expenseaccount, otherallowances
NONE
Total number of other employees paid over $50,000 0. 1 UForm 990-PF (2007)
72355102-20.08
6
Form 990-PF (2007) B. P., LESTER & REGINA JOHN FOUNDATION 23-7110263 Page 7
Part VICIInformation About Officers, Directors , Trustees, Foundation Managers, Highly
0Paid Employees, and Contractors (continued)
3 Five highest-paid independent contractors for professional services . If none, enter " NONE."
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receivin g over $50 ,000 for p rofessional services .. .... 0
part w-A Summary of Direct Charitable Activities
List the foundation ' s four largest direct chantable activities during the tax year Include relevant statistical information such as thenumber of organizations and other beneficiaries served , conferences convened , research papers produced, etc.
Expenses
N/A
2
3
4
fart JX-B Summary of Prouram-Related InvestmentsDescribe the two largest program - related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A
2
All other program - related investments See instructions.
3
Total. Add lines 1 throu gh 3 0
Form 990-PF (2007)
72356102-20-08
7
0 V 1 0
Form 990-PF (2007) B. P., LESTER & REGINA JOHN FOUNDATION 23-7110263 Page 8
Pdl't Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1 Fair market value of assets not used (or held for use) directly in carrying out charitable, etc , purposes
a Average monthly fair market value of securities 1 a 21,225 , 550.
b Average of monthly cash balances ... lb 344,989 .
c Fair market value of all other assets - 111: 1 , 117 , 649 .
d Total (add lines la, b, and c) 1d 22,688,188.
e Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) le 0
2 Acquisition indebtedness applicable to line 1 assets 2 0
3 Subtract line 2 from line 1 d .. ... . 3 22,688,188 .
4 Cash deemed held for chartable activities Enter 1 1/2% of line 3 (for greater amount, see instructions) -- 4 3 4 0 , 3 2 3 .
5 Net value of noncharitable -use assets . Subtract line 4 from line 3. Enter here and on Part V, line 4 5 22, 3 4 7 , 8 6 5 .
6 Minimum Investment return . Enter 5% of line 5 6 1 117 , 393 .
Ffw-wa Distributable Amount (see instructions) (Section 4942(1)(3) and (1)(5) private operating foundations and certain
foreign organizations check here ► and do not complete this part.)
1 Minimum investment return from Part X, line 6 1 1,117,393.2a
b
c
Tax on investment income for 2007 from Part VI, line 5 2a
Income tax for 2007. (This does not include the tax from Part VI.) ... ... 2b
Add lines 2a and 2b .... ..
17,823.
2c 17 F 823.
3 Distributable amount before adjustments Subtract line 2c from line 1 3 1,099 , 570 .
4 Recoveries of amounts treated as qualifying distributions ........... 4 0
5 Add lines 3 and 4 5 1,099 , 570 .
6 Deduction from distributable amount (see instructions) 6 0
7 Distributable amount as adjusted Subtract line 6 from line 5. Enter here and on Part XIII, line 1 7 1 , 099 , 570 .
Expenses, contributions, gifts, etc. - total from Part I, column (d), line 26 . ... ........... . . .. la 1,033 , 706.
b Prog ram-related investments -total from Part IX-B ....... 1b 0
2 Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc , purposes 2
3
a
Amounts set aside for specific chartable projects that satisfy the:
Suitability test (prior IRS approval required) . 3a
b Cash distribution test (attach the required schedule) 3b
4 Qualifying distributions . Add lines la through 3b Enter here and on Part V. line 8, and Part XIII, line 4 4 1,033 , 706.
5 Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
income Enter 1% of Part I, line 27b . . 5 17 , 823.
6 Adjusted qualifying distributions . Subtract line 5 from line 4 ... 6 1 , 015,883.
Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the
4940(e) reduction of tax in those years.
foundation qualifies for the section
Form 990-PF (2007)
72357102-20-08
8
Form 990-pF (2007) B. P., LESTER & REGINA JOHN FOUNDATION 23-71102 63 Page 9
fart X111 Undistributed Income (see instructions)
(a) (b) (c) (d)
Corpus Years prior to 2006 2006 2007
1 Distributable amount for 2007 from Part XI,
line 7 . .
2 Undistributed income, if any, as of the end of 2006
a Enter amount for 2006 only
b Total for prior years*
3 Excess distributions carryover, if any, to 2007:
a From 2002
b From 2003 .. .
c From 2004
d From 2005
e From 2006 _ ....
I Total of lines 3a through e
4 Qualifying distributions for 2007 from
Part Xll,line 4: '$ 1,033,706.
a Applied to 2006, but not more than line 2a
b Applied to undistributed income of prior
years (Election required - see instructions)
c Treated as distributions out of corpus
(Election required - see instructions)
d Applied to 2007 distributable amount
e Remaining amount distributed out of corpus
5 Excess disVlbubons carryover applied to 2007of an amount appears in column (d), the same amountmust be shown in column (a) )
6 Enter the net total of each column asIndicated below:
a Corpus Add lines 3f, 4c, and 4e. Subtract line 5
b Prior years' undistributed income. Subtract
line 4b from line 2b .....
c Enter the amount of prior years'undistributed income for which a notice ofdeficiency has been issued, or on whichthe section 4942(a) tax has been previouslyassessed
d Subtract line 6c from line 6b. Taxable
amount - see instructions
e Undistributed income for 2006 Subtract line
4a from line 2a. Taxable amount - see instr
f Undistributed income for 2007. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2008 . .
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3)
8 Excess distributions carryover from 2002
not applied on line 5 or line 7
9 Excess distributions carryover to 2008.
Subtract lines 7 and 8 from line 6a
10 Analysis of line 9
a Excess from 2003 .
b Excess from 2004
c Excess from 2005.
d Excess from 2006
1,004,019.
0.
0.
1,004,019.
0.
1,099,570.
0.29,687.
0.0. 0.
0.
0.
0.
` 0.
0.
1,069,883.
0.
0.
0.
Form 990-PF (2007)72358102-20-08
9
Form 990-PF 2007 B. P. , LESTER & REGINA JOHN FOUNDATION 23-711026 3 Page 10
XIV Private Operating Foundations (see instructions and Part VII-A, question 9) N/A
1 a If the foundation has received a ruling or determination letter that it is a private operating
foundation , and the ruling is effective for 2007 , enter the date of the ruling .
b Check box to indicate whether the foundation is a p rivate o eratm foundation described in section 0 4942 (l)( 3 ) or 0 4942(1)(5)
2 a Enter the lesser of the adjusted net Tax year Prior 3 years
income from Part I or the minimum (a) 2007 ( b) 2006 ( c) 2005 ( d) 2004 ( e) Total
investment return from Part X for
each year listed
b 85% of line 2a
c Qualifying distributions from Part XII,
line 4 for each year listed .._. .
d Amounts included in line 2c not
used directly for active conduct of
exempt activities
e Qualifying distributions made directly
for active conduct of exempt activities
Subtract line 2d from line 2c3 Complete 3a , b, or c for the
alternative test relied upon-a 'Assets' alternative test - enter:
(1) Value of all assets . .... ...
(2) Value of assets qualifyingunder section 4942 (j)(3)(B)(i)
b 'Endowment' alternative test - enter2/3 of minimum investment returnshown in Part X, line 6 for each yearlisted
c 'Support alternative test - enter
(1) Total support other than grossinvestment income ( interest,dividends , rents , payments onsecurities loans (section512(a)(5 )), or royalties)
(2) Support from general publicand 5 or more exemptorganizations as provided insection 4942 (I)(3)(B)(iu)
(3) Largest amount of support from
an exempt organization
1 Supplementary Information (Complete this part only if the foundation had $5 ,000 or more in assetsat any time during the year-see the instructions.)
1 Information Regarding Foundation Managers:
a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the close of any taxyear ( but only if they have contributed more than $5 ,000) (See section 507(d)(2) )
REGINA M. JOHNb List any managers of the foundation who own 10% or more of the stock of a corporation ( or an equally large portion of the ownership of a partnership or
other entity) of which the foundation has a 10% or greater interest
NONE2 Information Regarding Contribution , Grant , Gift, Loan, Scholarship, etc., Programs:
Check here 10, LI if the foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds If
the foundation makes gifts, grants, etc (see instructions) to individuals or organizations under other conditions, complete items 2a, b, c, and d
a The name, address, and telephone number of the person to whom applications should be addressed:
b The form in which applications should be submitted and information and materials they should include
c Any submission deadlines
d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors:
723601/02-20-08 Form 990-PF (2007)10
Form 990-PF (2007) B. P., LESTER & REGINA JOHN FOUNDATION 23-7110263 Page 11
3' (rantc and Cnntrihudinns Paid Durina the Year or Anoroved for Future Pavment
Recipient If recipient is an individual,show any relationship to Foundation Purpose of grant or
Name and address (home or business ) any foundation manageror substantial contributor
status ofrecipient
contribution Amount
a Paid during the year
PUBLICSEE ATTACHED STATEMENT 21 ONE CHARITY RESTRICTED 1,016,950.
Total ► 3a 1 , 016 , 950.b Approved for future payment
NONE
Total 110- 3b I 0723611/02-20-08 Form 990-PF (2007)
11
Form 990-PF (2007) B. P., LESTER & REGINA JOHN FOUNDATION 23-7110263 Page 12
P.,art.tA Analysis of Income -Producing Activities
ross amounts unless otherwise indicatedEnter Unrelate d business income Excluded by section 512 , 513 , or 514 (e)g
1 Program service revenue
(a)Businesscode
(b)Amount
c „_Spa
( d)Amount
Related or exemptfunction income
a
b
c
d
e
f
g Fees and contracts from government agencies
2 Membership dues and assessments ... .. -
3 Interest on savings and temporary cashinvestments 14 4,871.
4 Dividends and interest from securities 14 558,328.5 Net rental income or ( loss) from real estate:
a Debt-financed property ...
b Not debt-financed property • - 16 69,329.6 Net rental income or (loss ) from personal
property
7 Other investment income - ,
8 Gain or ( loss) from sales of assets other
than inventory .. 18 1,183,626.9 Net income or (loss ) from special events
10 Gross profit or (loss ) from sales of inventory
13 Total . Add line 12, columns ( b), (d), and (e) . ... 13 1,816 ,361.(See worksheet in line 13 instructions to verify calculations
I Part M-B Relationship of Activities to the Accomplishment of Exempt Purposes
12
Form 990-PF (2007) B. P., LESTER & REGINA JOHN FOUNDATION 23-7110263 Page 13Part XVII Information Regarding Transfers To and Transactions and Relationships With Noncharitable
1 Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of Yes No
the Code (other than section 501 (c)(3) organizations) or in section 527, relating to political organizations?
a Transfers from the reporting foundation to a noncharitable exempt organization of
(1) Cash 1 a (l ) X
(2) Otherassets 1a 2 X
b Other transactions*
(1) Sales of assets to a nonchantable exempt organization •• •• 1 b ( l ) X
(2) Purchases of assets from a noncharitable exempt organization 1 b ( 2 ) X
(3) Rental of facilities, equipment, or other assets 1 b (3 ) X
(4) Reimbursement arrangements - - lb (4 ) X
(5) Loans or loan guarantees .... ... 1 b (5 ) X
(6) Performance of services or membership or fundraising solicitations ....... .. . . 1 b ( 6 ) X
c Sharing of facilities, equipment, mailing lists, other assets, or paid employees 1C X
d If the answer to any of the above is "Yes, complete the following schedule. Column (b) should always show the fair market value of the goods, ot
or services given by the reporting foundation. If the foundation received less than fair market value in any transaction or sharing arrangement, sh
her ass
ow in
ets,
(a) Name of organization ( b) Type of organization (c) Description of relationship
N/A
Under penalties of perjury , I declare that I have examined this return , Including accompanying schedules and statements , and to the best of my knowledge and belief , it is true, correctand complet eclaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge
2a Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described
in section 501(c) of the Code (other than section 501 (c)(3)) or in section 5279 F Yes No
h if Vac' nmmniata tha fniinwinn ct'horlula
CONTINUATION FOR 990-PF, PART IV
B. P. LESTER & REGINA JOHN FOUNDATION 23-7110263 PAGE 1 OF 1'P IV Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind ( s) of property sold, e g , real estate ,2-story brick warehouse , or common stock , 200 shs MLC Co.
(D -
b How acquired
D - Donationonation
(c) Date acquired(mo , day, yr )
(d) Date sold(mo., day, yr )
la MERRILL LYNCH 54F-04040 - SEE ATTACHED STMT 18 VARIOUS VARIOUSbMERRILL LYNCH 54F-04041 - SEE ATTACHED STMT 19 VARIOUS VARIOUScUBS FINANCIAL SERVICES - SEE ATTACHED STMT 20 VARIOUS VARIOUSdCAPITAL GAINS DIVIDENDSe
a 480 064. 400 885. 79,179.b 527 r 736. 526,016. 1,720.c 6 , 028,412. 5,610,773. 417,639.d 685 088. 685,088.ef
h
i
k
m
n
0Complete only for assets showing gain in column ( h) and owned by the foundation on 12/31 /69 (I) Losses (from col. (h))
(I) F.M V. as of 12/31/69(j) Adjusted basisas of 12/31/69
( k) Excess of col (i)over col (I), if any
Gains (excess of col ( h) gain over col. (k),but not less than W)
a 79 , 179.b 1,720.c 417,639.d 685,088.e
f
h
k
mn
0
2 Capital gain net income or net capital lossf If ain, also enter in Part I, line 7 )
line 7 1( ) ` If ?loss ) enter'-0= in Part I 2 1,183 , 626.,,
3 Net short -term capital gain or (loss ) as defined in sections 1222 ( 5) and (6)If gain, also enter in Part I , line 8, column (c).If (loss), enter '-Vin Part I , line 8 3 N/A
72359104-27-07
14
Depreciation and Amortization Detail JOHN' S LANDING DRY CLEANERS, PORTLAND RENT 2
Description of propertyAsset
Number Dateplace d
Method / Life Line Cost or Basis Accumulated Current year
in service IRC sec . or rate No other basis reduction depreciation /amortization deduction
Section C - Assets Placed in Service During 2007 Tax Year Using the Alternative Depreciation System
20a Class life S/L
b 12 ear 12 y rs. S/L
c 40-year / 40 yrs. MM S/L
Part IV Summary (see instructions)
21 Listed property. Enter amount from line 28 - -- - 21
22 Total . Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21.
Enter here and on the appropriate lines of your return. Partnerships and S corporations - see instr. 22 452.
23 For assets shown above and placed in service during the current year, enter the
11- 07 LHA For Paperwork Reduction Act Notice , see separate instructions . Form 4562 (2007)23
Form 4562 (2007) B. P., LESTER & REGINA JOHN FOUNDATION 23-7110263 Page 2{a^ Listed Property (Include automobiles , certain other vehicles , cellular telephones , certain computers, and property used for entertainment,
recreation , or amusement.)Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a, 24b, columns (a)through (c) of Section A, all of Section B, and Section C if applicable.
Section A - Depreciation and Other Information (Caution : See the instructions for limits for passenger automobiles.)
OA^ nn -ii hwo -irlonro to cunnnrt the hneinoeclnuae t mant ice rh,me19 r-- 1 V.... I I RJ.. 7A6 If • Va., • i t. Ika ---- ..,rt4+nn 1 1 VS.. l^ R1^
Type of property Date Business/ Cost or Basis for depreciation Recovery Method/ Depreciation Elected
(list vehicles first placed in investmentother basis (business investme t period Convention deduction section 179
service use percentage use oniy) cost
25 Special allowance for qualified Gulf Opportunity Zone property placed in service during the tax year and
used more than 50% in a qualified business use 25
28 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1 .. 1 28
Section B - Information on Use of Vehicles
Complete this section for vehicles used by a sole proprietor, partner, or other 'more than 5% owner,' or related person.If you provided vehicles to your employees, first answer the questions in Section C to see if you meet an exception to completing this section forthose vehicles.
30 Total businesslinvestment miles driven during the(a)
Vehicle
(b)
Vehicle
(c)
Vehicle
(d)
Vehicle
(e)
Vehicle
(f)
Vehicle
year (do not include commuting miles) .
31 Total commuting miles driven during the year
32 Total other personal (noncommuting) miles
driven.
33 Total miles driven during the year.
Add lines 30 through 32 . . . .. . ..
34 Was the vehicle available for personal use Yes No Yes No Yes No Yes No Yes No Yes No
during off-duty hours?
35 Was the vehicle used primarily by a more
than 5% owner or related person? . -
36 Is another vehicle available for personal
use?
Section C - Questions for Employers Who Provide Vehicles for Use by Their Employees
Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who are not more than 5%
37 Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by your Yes No
employees?
38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your
employees? See the instructions for vehicles used by corporate officers, directors, or 1 % or more owners
39 Do you treat all use of vehicles by employees as personal use?
40 Do you provide more than five vehicles to your employees, obtain information from your employees about
the use of the vehicles, and retain the information received?
41 Do you meet the requirements concerning qualified automobile demonstration use? -is ...... _._...... - - 7n tin wn __ At ._ nv__ a ._ - _____._s _ n__ar__ n .--
VI AmortizationP,-Wt
(a) (b) (c) (d) (e) (f)Description of costs Date amortization Amortizable Code Wnoflt atlon Amortization
beams amount section oennd or oertmtaoe for this year
42 Amortization of costs that beains dunno your 2007 tax year:
43 Amortization of costs that began before your 2007 tax year - - - 43
44 Total . Add amounts in column (f). See the instructions for where to report 44
71625W1-o3-o7 Form 4562 (2007)24
27 Progertv used 50% or less in a aualified business use:
- r)^-1' /. l•'- n11..15 r•Iw 1,4-.r{cr Nir^n fl rA`0. Uhi '1^ ,e1 i.F AJJ -'rL ie •(1•i Jn1• ,yri.. 1„i'•ti i'1. ,x rlF'. n/'f)r 'Y.. nl, . l r^ wlr. 'r ^t C•.•S:•D^ :{, i1 1. nt'I fv^^i.u ^hr, ill'a •inyr, rlJ ny.•nn na-•,, ati rna J. a,o n;t lrpo-.r M1xMnu cove :v:. nn 4noaq raa.`v^•,r ,'a ^,. r, i1 nPO"„5 n ^ t'n9 = ^Tq S:. rr.,G w9fi5`t x. 'r 5•u^.: ^. }..r. r.vn, a rv•r r, •a r. r>ee iuruo-a,r4°r ., r. na u.x a:o.,^a...,, ^uiaailir enwra .rv r. ^^'u. r Erke•l .l i, Kai •, pa .,COx.t ., ... 1 •r^•'ny crn r, rue ...,r it rvw { lo l.. r.. a.an.. r . ... <r ... . i x7°k tJ. l`Jnt^^n(n^^^J•.. n-.. .. _ • i4r1 !'A,.Iwq.Y .t.nnrra-.... ,- _V idi ]l•. rr lrmRlv "IL'r s.n..o. ... .. - 'w qt. r, rr-(r,l lr ilr ... r.... ^. .. .•.la
B. P., LESTER & REGINA JOHN FOUNDATION
12/31/2007
UBS FINANCIAL SERVICES #65534
111011
Cash and money fundsDays in
Description Opening balance Closr balance Closing share price Aver a rate Dividend penod period
Cash .00 -78.01
UBS CASHFUND INC. 23,740.82 571,063.25 1.00 4.25% 11 /23-12/20 28
Total 23,740.82 570,985.24
Common stockEst. annual income/ Trade Purchase Unrealized Holding
Description Total shares Price Current value Current yield date price Cost basis gain1loss period
STARBUCKS CORP 2,000.000 20.470 40,940.00 05/17/07 28.350 57,484.85 -16,544.85 ST
Symbol: SBUX Exchange: OTC
Mutual funds'Aggregated Reinvestment' is the aggregate of all dividends paid that were reinvested in the fund and excludes any cash dividends taken, but is not a tax lot for purposes of determining holding periods and/or basis. Each time dividends
are reinvested, the shares received are a separate tax lot. 'Cost basis' is the aggregate purchase cost of the security, including reinvested dividends, and may need to be adjusted for return of capital payments to determine the aggregate
adjusted tax cost basis. 'Unrealized gain/loss' is the difference between the aggregate current value and the aggregate cost basis for each secunty (and may also need to be adjusted for return of capital payments to determine the realized
gain or loss for tax reporting purposes) The 'Investment return' for each security is equal to the Current value minus the Client investment, and excludes any cash dividends not reinvested.
Total Purchase Client Unrealized Reinvested Investment Holding
Description shares Pnce Current value price investment Cost basis gainfloss dividends return penod
v __.t.. 3 ,r vv, n . 4t^•i'V YVr ,tU.^Y . 5\' •^Yh•)^r)T-a t 9^'!5•FVl cl.v ' rl l'l lrs a .l a• n^snvw ..^t^e. ,v , :r 1 .
"vilv.r ^v , v^rr .. LL^•^.^^.. rC^1T ^vv.i v^r ..>.:..^_ < M1•9ov .f ^.. r 4.r a1 x .v_ l V J ra ..i tr ,.. s..... _ tai. Yl. r.p4. • ra aa....^_ . ^ 'Y i•^^p .vu .r. ..
B. P., LESTER & REGINA JOHN FOUNDATION
12/31/2007
UBS FINANCIAL SERVICES #65534
Mutual funds'Aggregated Reinvestment' Is the aggregate of all dividends paid that were reinvested in the fund and excludes any cash dividends taken, but is not a fax lot for purposes of determining holding periods and/or basis. Each time dividends
are reinvested, the shares received are a separate tax lot. 'Cost basis' is the aggregate purchase cost of the security, including reinvested dividends, and may need to be adjusted for return of capital payments to determine the aggregate
adjusted tax cost basis. 'Unrealized galWfoss' is the difference between the aggregate current value and the aggregate cost basis for each security (and may also need to be adjusted for return of capital payments to determine the realized
gain or loss for tax reporting purposes) , The 'investment return' for each security is equal to the Current value minus the Client Investment, and excludes any cash dividends not reinvested.
Total Purchase Client Unrealized Reinvested Investment Holding
Descn Ion shares Pnce Current value rice investment Cost basis ain/loss dividends return period
CASH/MONEY ACCOUNTS Total Estimated Estimated Estimated Est. AnnualDescription Quantity Cost Basis Market Price Market Value Annual Income Yield%CASH 19,596.85 19,596 19,596.85MERRILL LYNCH READY ASSETS 83,618.00 83,618 1.0000 83,61&00 3,955 4.73(.7000 FRACTIONAL SHARE) 1.0000 .70
TOTAL 103,215 103,215.55 3,955 4.73
EQUITIES Unit Total Estimated Estimated Unrealized Estimated CurrentDescription Symbol Acquired Quantity Cost Basis Cost Basis Market Price Market Value Gain/(Loss) Annual Income Yield%
I BANK OF AMERICA CORP BAC 03/23/05 1,000 44.4840 44,484 41.2600 41,260.00 (3,224) 2,560 6.20MICROSOFT CORP MSFT 02/18/00 600 50.2383 30,143 35.6000 21,360.00 (8,783) 264 123
CASH/MONEYACCOUNTS Total Estimated Estimated Estimated Est. AnnualDescription Quantity Cost Basis Market Price Market Value Annual Income Yleld%CASH 135.15 135 135.15ML Bank Deposit Program 7,586.00 7,586 1.0000 7,586.00 358 4.73
TOTAL 7,721 7,72115 358 4.73
GOVERNMENT AND AGENCY SECURITIES 'Description Acquired Quantity
Adjusted/Tota!Cost Basis
EstimatedMarket Price
EstimatedMarket Value
UnrealizedGain/(Loss)
EstimatedAccrued Interest
EstimatedAnnual Income
CurrentYield%
U.S. TREASURY NOTE 04/26/07 5,000 4,983 100.3360 5,016.80 33 58.13 231 4.604.625% MAR 312008 -
A U.S. TREASURY NOTE • 09/27/07 17,000 17,010 101.4690 17,249.73 238 227.91 679 3.944. 000% AUG 312009 ORIGINAL UNIT COST: 100.07
A U.S. TREASURY NOTE 09/18/07 12,000 12,185 105.0000 12,600.00 414 230.75 554 4.404.625%JUL 312012 ORIGINAL UNIT COST: 10164
A DUKE ENERGY CORP 10/05/06 2,000 2,073 105.4450 2,108.90 35 57.64 125 5.92UNSUBORDINATED 06250% JAN 15 2012M00DY'S: A3 S&P: A- ORIGINAL UNIT COST.- 104.90
A BANK OF AMERICA CORP 09/14/07 3 ,000 3, 100 105.0080 3,150.24 50 39.58 187 5.95GLB 06.250% APR 15 2012 -MOODYS: AA1 S&P: AA ORIGINAL UNIT COST: 103.57
A KRAFT FOODS INC -10/05/06 2,000 2,064 103.8840 2,077 .68 13 10.42 125 6.01GLB 06.250% JUN 012012MOODY'S: BAA2 S&P: BBB+ ORIGINAL UNIT COST. 104.24
TOTAL 161,000 156,028 152,653.76 (3,370) 1,903.86 8,925 5.85
Cu mulativeMUTUAL FUNDS/CLOSED END FUNDS/UIT Total Client Investment Total Estimated Estimated Unrealized Estimated CurrentDescription - ' . - . Quantity In vestment Return Cost Basis Market Price Market Value Gain/(Loss) Annual Income Yield%
OPPORTUNITIES FD CL N - -s ^t^nr • + $inx i„^tL I Pi,uthacp• i n[^^LOii-_,
Subtotal (Fixed Income Funds) (361) 9,861 9,500.00 (361) 732 7.71
009 STATEMENT 17
Merrill L nchv Account No.54F-04040
B.P., LESTER & REGINA JOHN FOUNDATION.
EIN #23-7110263
12/31/2007
Taxpayer No.23-7110263
Page6 of 11
2007 CAPITAL GAIN AND LOSS TRANSACTIONS
Date Acquired Date Liquidated Amortization/AccretionSecurity Description Quantity Cover of Short Short Sale Year-to-Date Life-to-Date Sales Price Cost Basis Gain or ( Loss)
LONG TERM CAPITAL GAINSCOLUMBIA MARSICO GROWTH 2041.8580 09/22/05 05111/07 40,000.00 34,711.57 5,288.43
r" ^(; .1^4 ,rFlaY+ r ^^I^ e ^a• Y^^^M^ ^ • ' •1F ^'t •Kb,', ^ i!1 p 9'{t( l1 1 = , F YSA 4' ^, Y, w^ka^^v^+^ Id,^I+ f`^'(y+ x^. r
B P LESTER & REGINA JOHN FDN . ^' , ,C 9^Itxr,^tT ^^is`sa^e >bn< d !t 9^ ^•7,N2 -^ i 'fi.. ^5,^'9s^s, - ^+Abr&mm^^ftaa 1;&i^..••¢'rit'}ah^aL
B.P., LESTER & REGINA JOHN FOUNDATION
EIN #23-7110263
12/31/2007
MERRILL LYNCH #54F-04041
REALIZED CAPITAL GAIN AND;zASS SUrr.,Fr4 Gf af.'ixe
Date of Acaul'sltiojr,'PIDate of LIquidatior ^ F .
5,000.0000 US TSY 3.375% FEB 28 2Q.Q7q•<4f•rr^',','j^fit 01/25/07 `^N1awg.y^ /(^5/06 d ( 1 ^ " ^' ^
4,991.805,000 .0000 US TSY 4.000% AUG 31'1007
,^i•r,vJ.A
. , R^ l•• •• ^^++l n ue „G6^tQ Q^O 7705/06 i , r 1 I / 967 . 194,13,000 .0000 US TSY 4.000% AUG 31 20•R74 t+ A^+S / lQ7UOi 2S0/05/061 ? ^,•n.-" dy D,. X a'y am " h,t^ ° F} 2,914.69
.. ... ....... ........................ .....................SS y f
^ ¢F SJ?y ^C,a{ k'^^d n ed, nA^{i•$.^r^s^j, r ^ fcs.a"rr^^a;^7r +ia^Na '^rtF Fraj Tu d^ ,^ y ^ ,^ r ^,q, :u 71 , ^ ^ • u as 1 ' " • ," e 4 Y d 4' (, , 'F x ".^' ^w.W n^ff S i,' ,l".p*_:•t 7ii"',r•$nr^^,p 'y+^';px^fi n,.'• •'„x ti^ n x118P't^. d' '^'''Fi^}^yi,` 474t'A44rd
:jiiys:r
,'f"G^i'v6$^A r v. 2.5.,. a rB P LESTER & REGINA JOHN FDN Fve7.unY^,: r,1s s^11ma"4^ iI; .Hs
Quantity Security Description
REALIZED CAPITrAL GAIN AND LOSS SUMMARY,w ^> a •,, er ,t ,
rc Date of Acgu is i t iorl'v f a e`,^of Liqui dation Sale Price Basis or
RESIDENTIAL CAP 6 . 00%°%2CSPRINT CAP CORP 6.87°%q^ l
TIME WARNER INC 6.626jlUS TSY 3.375% FEB 28 2,0FNMA P902354 05 50%203FNMA P902354 05 50%20NFNMA P907250 06%266!ALBERTSONS INC 7.45°/f;bGENL MTRS CORP 8.37% 2(GENL MTRS CORP 8.37% 2(US TSY 4.750% MAY 15 20US TSY 4.000% AUG 31 20US TSY 4.500% FEB 15 20
US TSY 4.500% FEB 15 20:US TSY 4.500% FEB 15 EQFNMA P256636 05 50% 21D3j
US TSY 4.500% FEB 15X10:US TSY 4.500% FEB 1'S` 26US TSY 4.500% FEB 1'6'0US TSY 4.500% FEB SYd28:US TSY 4.500% FEB's'(5520,FNMA P745515 05 °O36FNMA P256597 05 50/6k03'KINDER MORGAN EN '00XTO ENERGY INC 6.1 0W;L0US TSY 4.000% AUG 3 2CUS TSY 4.500% FEB 15"biUS TSY 4.625% MAR 31hj'2^-(US TSY 4.625% MAR 3 i(US TSY 4.625% MAR 3,1 (FNMA P894126 05 50%202FHLMC JO 3849 05%20•;1'FNMA P900300 06%2036US TSY 4.000% AUG 31 ^(US TSY 4.000% AUG 31 2(US TSY 4.000% AUG 31 2(US TSY 4.000% AUG 31 2(ALBERTSONS INC 7.45% 2(ENERGY TRANSFER P 5,95'
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s = = 5¢"; :'
Year Ending 12/31/07 54F-04041
6060D 11-01
0
STATE ME WT k°l PA SE 3 OF 3
B.P., LESTER & REGINA JOHN FOUNDATION
EIN #23-7110263
12/31/2007
UBS FINANCIAL SERVICES
2007 Realized Gain/Loss - continuedEstimated 2007 Gall for transactions with trade dates through 12131/07 have been Incorporated Into this statement. The cost basis of the oldest lot (first-in, first-out or FIFO method of accounting) is assigned to a
sale to calculate Gain/Loss unless you Identified a specific lot (a 'versus purchase" or'VSP' order) when you placed your sell order. An asterisk (*) Indicates a t)BS Financial Services adjustment to cost basis.
The number '1' Indicates cost basis Information has been provided by a source other than UBS Financial Services. GainlLoss may not be adjusted for all capital changes . Cost basis for coupon tax-exempt municipal securities
(including securities subject to AMT) has been adjusted for mandatory amortization of bond premium. 'Earnings' In the Purchase Date Column indicates that GalnfLoss has been aggregated. Please rely on the confirmations and
statements previously provided to you as your official activity record. Activity marked as 'tlnclassifled ' cannot be Classified as short-term or long-term due to missing Information or the product to one for which a Gain/Less
calculation is not provided .
Quantity/ Purchase Sale Sale Purchase
Security Description Method Activity Type Face value Date Date Amount Amount Gain/Loss Holding Period
JOHN HANCOCK HEALTH FIFO Trade 1,242.411 08/ 16/06 06/12/07 48,426.64 55 ,710.88 -7,284.24 short Term
SCIENCES FUND CLASS A FIFO Trade 3,842. 348 08/16/06 06/21/07 150,000.00 172,294.49 -22,294.49 Short Term
FIFO Trade 4,329.766 11/21/06 07/18/07 170, 198.39 165,830.04 4,368.35 short Term
FIFO Trade 491.241 08/16/06 07/16/07 19,310.15 22,027.71 -2,717.56 Short Term
MICROSOFT CORP FIFO Trade 1,400.000 09/12/03 04/10/07 39,580.33 38,915.95 664.38 1 Long Term
FIFO Trade 100.000 09/12/03 04/10/07 2,827.17 2,780.54 46.63 1 Long Term
FIFO Trade 1,500.000 09/12/03 04/10/07 42,407.50 41,723.19 684.31 1 Long Term
FIFO Trade 4,000.000 11/18/04 04/10/07 113,086.66 109,684.02 3,402.64 Long Term
UNTS CLAYMORE HEALTHCARE FIFO Trade 25,290 .000 03/30/06 02/06/07 276,576.50 266 , 179.78 10 ,396.72 short Term
PORTFOLIO SER 2 CASH
UNTS CLAYMORE CLOSED-END FIFO Trade 21,605.000 03/03/06 05/24/07 248,705.96 223 , 348.17 25,357.79 Long Term
EQUITY & INCOME PORT FIFO Trade 17,069 . 000 03/08/06 05/24/07 196 ,489.79 172,897 . 02 23 ,592.77 Long Term
SERIES 3 CASH
UNTS CLAYMORE PERONI FIFO Trade 24,732. 000 04/07/06 02/12/07 281 , 027.24 249,998.48 31,028.76 short Term
GROWTH PORTFOLIO, SPRING2006 SERIES CASH
UNTS CLAYMORE HEALTHCARE FIFO Trade 14,477.000 07/ 18/06 04/11/07 146,853.24 135,187.41 11,685.83 Short Term
PORTFOLIO SERIES 3 CASH FIFO Trade 19,896 . 000 08/16/06 04/11/07 201 , 823.03 194,726.12 7,096.91 short Term
UNTS CLAYMORE PERONI FIFO Trade 20 ,000.000 09/ 13/06 09/07/07 207,680.00 198,000.00 9,680.00 Short Term
GROWTH PORTFOLIO AUTUMN FIFO Trade 4,242.000 09/13/06 09/18/07 45,828.02 41 ,995.80 3,832.22 Long Term
2006 SERIES CASH FIFO Trade 24,852 .000 10/06/08 09/18/07 268 ,486.10 249,993.72 18 ,492.38 Shot Term
FIFO Trade 4 ,256.000 10/ 11/06 09/18/07 45,979.27 42,869.41 3,109.86 Short Term
FIFO Trade 20,563 . 000 10/11/06 11 /06/07 237 ,741.18 207,124.93 30 , 616.25 Long Term
UNTS CLAYMORE INTERNAT FIFO Trade 15,018 .000 12/01/06 11 /02/07 181,797 .40 149,999.78 31,797.62 short Term
EQUITY DIVIDEND INCOMEPORTFOLIO SER 4 CASH
STA-M ENT -2-o P,446 R i of 7-
2007 INFO / LL 65534 KSOil
B.P., LESTER & REGINA JOHN FOUNDATION
EIN #23-7110263
12/31/2007
UBS FINANCIAL SERVICES
2007 Realized Gain/Loss - continuedEstimated 2007 Galn/Loss for transactions with trade dates through 12131107 have been Incorporated into this statement. The cost basis of the oldest lot (first-in, first-out or FIFO method of accounting) is assigned to asale to calculate Gain/Loss unless you Identified a specific lot (a 'versus purchase' or'VSP' order) when you placed your sell order. An asterisk (tk) Indicates a UBS Financial Services adjustment to cost basis.The number ' s' Indicates cost basis Information has-been provided by a source other than U8S Financial Services. Gain/Loss may not be adjusted for all capital changes. Cost basis for coupon tax-exempt municipal securities(including securities subject to AMT) has been adjusted for mandatory amortization of bond premium. 'Earnings' In the Purchase Date Column indicates that Gain/Loss has been aggregated. Please rely on the confirmations and
statements previously provided to you as your official activity record. Activity marked as 'Unclassified " cannot be classified as short-term or long-term due to missing Information or the product Is one for which a Gain/Losscalculation Is not provided.
Quantity/ Purchase Sale Sale PurchaseSecurity Description Method Activity Type Face value Date Date Amount Amount Gain/Loss Holding Period
UNTS CLAYMORE PERONI FIFO Trade 10 ,269.000 12/13/06 07/16/07 120 ,942.12 99,895.41 20,946.71 short Term
GROWTH PORTFOLIO WINTER FIFO Trade 23,366 .000 01 /05/07 07/16/07 275,190.73 224,998 .22 50, 192.51 short Term
UNTS FIRST TRUST HEALTH FIFO Trade 4,587 .000 04105/08 04/11107 48,221 .36 44, 998.18 1,225. 18 Long TermCARE SERIES 9 FIFO Trade 26,311.000 04/07/06 04/11/07 265,125.43 249 ,991.34 15,134.09 Long TermCASH
UNTS FIRST TRUST FIFO Trade 9,898.000 09/19/06 07/16/07 104,755.48 99 ,993.56 4,761 .92 Short TermHEALTHCARE PORT SER 10CASH
UNTS FIRST TRUST FIFO Trade 19,000.000 02/02/07 09/07/07 202,769.90 191,088.69 11,681.21 short TermTECHNOLOGY SELECT PORT FIFO Trade 886.000 02/02/07 10/04/07 10,094.82 8,910.77 1,184.05 short TermSERIES 22 CASH FIFO Trade 17,517.000 02/06/07 10/04107 199,583.44 174,993.08 24,590.36 short Term
FIFO Trade 8,597.000 04/10/07 10/04/07 97,951.64 86,686.99 11,264:65 short Term
Total Realized Gain/Loss 6,028 ,411.79 5,610,773.43 417,638.36
2007 Realized Gain/Loss SummaryGam/Loss may not be adjusted for all capital changes, or due to missing information.Activity marked as'Unclassified" cannot be classified as short-term or Ion0-term due to missing Information or the product Is one for which a Gain/Loss calculation !s not provided.