return of private...

4 ,1

Return of Private Foundation OMB No. 1545-0052

Form 9 90-PF or Section 4947(a)(1) Nonexempt Charitable Trust 007Department 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 satis fy state reporting requirements.

For calendar year 2007 , or tax year beginnin g 02/01 , 2007 , and ending 01/31/2008G Check all that annlv: Initial return Final return Amended return Address chanae Name chance

OCRcm0N

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Name of foundation A Employer identification number

Use the IRSlabel. J S J FAMILY FOUNDATION 100168 43-6797334

Otherwise , Number and street (or P.O. box number if mail is not delivered to street address) Room /suite B Telephone number (see the instructions)

printor type.

See S ifi UMB BANK P. 0. BOX 419692 M/ S 1020305 ( 816 ) 860-7711pec cInstructions . City or town, state, and ZIP code

C pendmpcheck hleretlonis . . . . . ►

110 1 Foreign organizations , check here ►

KANSAS CITY MO 64141-669211

2 Foreign organizations meeting the

H Check type of organization: X Section 501 (c)i3 exempt private foundation85%test • check here and attach ►qcomputation

Section 4947 ( a )( 1 ) nonexem pt charitable trust Other taxable p rivate foundation

Fair market value of all assets at endI J Accounting method: Cash L_J AccrualE If private foundation status was terminated q

under section 507 (b)(1)(A),check here .

►

of year (from Part ll, col. (c), line q Other (specify) _ _ _ _ _ _ - _ _ _ _ - F If the foundation is in a 60-month termination

161110' $ 4 , 062 , 502. (Part 1, column (d) must be on cash basis.) under section 507(b)( 1)(B(,check here . ►

1110117-81111 Analysis of Revenue and Expenses (The (d) Disbursementstotal of amounts in columns (b), (c), and (d) (a) Revenue and (b) Net investment (c) Adjusted net for charitablemay not necessarily equal the amounts in

Y yexpenses per

booksincome income purposes

column (a) (see the instructions).) ( cash basis only)

1 Contributions efts, grants , etc, received (attach schedule ) . 101 STMT 1

2 Check ► X if the foundation is not required toattach Sch B

3 Interest on savings and temporary cash investments

4 Dividends and interest from securities . . . . 82 , 797 . 82 , 601. 82 , 601. STMT 25a Gross rents ................ 10 , 974 . 10 , 974. 10 , 974.b Net rental income or (loss) -26,497

d 6a Net gain or (loss ) from sale of assets not on line 10 109 , 330 .b Gross sales price for all

1,096,749.assets on line 6a

7 Capital gain net income (from Part IV, line 2) 109 , 330.oC

8 Net short-term capital gain . . . .

9 Income modifications10 a Gross sales less returns

and allowances

b Less Cost of goods sold C

c Gross profit or (loss) (attach schedule)

11 Other income (attach schedule) , , 15 , 206. 15 , 206. STMT 3,

12 Total. Add lines 1 throw h 11 220 043 218 111. 108 781.13 Compensationof officers, directors, trustees, etc , 34 , 111 . 17 , 056. 17 , 056. 17 , 056

14 Other employee salaries and wages . . . .PA

15 Pension plans, employee benefits . . . . .

I STMT 416a Legal fees (attach schedule) 6 , 275 . 1 , 569. NON 4 , 706CL

• , ,

b Accounting fees (attach schedule)STMT, 5 800 NON NON 800d c Other professional fees (attach schedule) . .a« 17 Interest . . . . . . . . . . . . . . . . . . .0

18 Taxes (attach schedule) (see the mstructio 'MT . 6 , 4 , 143. 1 , 031. 1 031.5 19 Depreciation (attach schedule) and depletion . 4 , 886 . 4 , 886. 4 , 886.

20 Occupancy . . . . . . . . . . . . . . . .

Q 21 Travel, conferences, and meetings . . . . .

m 22 Printing and publications . . . . . . . . .

r 23 Other expenses (attach schedule) STY[. 7 . 144 , 316 . 144 316. 50 , 056. 94 , 26024 Total operating and administrative expenses.

CL Add lines 13 through 23 .......... 194 531. 168 858. 73 , 029. 116 , 8220 25 Contributions, gifts, grants paid . . ..... 36 , 745 36 , 745

26 Total expenses anddisbursementa Add lines 24 and 25 231 276 168 , 858. 73 029. 153 , 56727 Subtract line 26 from line 12:

a Excess of revenue over expenses and disbursements , - 11 233b Net investment Income (if negative, enter -0-)

_

49 , 2 5 3 .c Adjusted net Income ( if negative , enter -0-) . . 35 752 .

For Privacy Act and Paperwork Reduction Act Notice, see the instructions.JSA7E1410 1 000

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Form 990-PF (2007)

J 4 S

arm 990f;` ( 20071 43-6797334 Paoe2Attached schedules and amounts in the

Balance Sheets description column should be for end-of-yearBeginning of year End of year

amounts only . ( See instructions ) ( a) Book Value (b) Book Value ( c) Fair Market Value

1 Cash - non-interest-bearing ,,,,,,,,,,,,,,,,, 557. 5572 Savings and temporary cash investments , , , , , , , , , ,

3 Accounts receivable ►-------------------------Less: allowance for doubtful accounts ► --------------

4 Pledges receivable ►-------------------------

Less: allowance for doubtful accounts ► --------------5 Grants receivable , , , , , , , , , , , , , , , , , , , , ,

6 Receivables due from officers, directors , trustees , and other

disqualified persons (attach schedule) ( see page 16 of the instructions)

7 Other notes and loans receivable ( attach schedule) ► ______

Less : allowance for doubtful accounts ► --------------8 Inventories for sale or use

y 9 Prepaid expenses and deferred charges , , . . . . . . . . . ,

Q 10 a Investments- U.S. and state government obligations (attach schedule)

b Investments - corporate stock ( attach schedule ) , , , , , , , ,

c Investments - corporate bonds (attach schedule ). . . . . . . ,11 Investments - land, buildings, ►

and equipment basis --------------------Less - accumulated depreciation ►(attach schedule ) --------------------

12 Investments - mortgage loans , , , , , , , , , , , , , , , ,

13 Investments -other ( attach schedule) , , , , , , , , , 2 672 526. 2 , 649 , 894. 2 , 980 62514 Land , buildings,and

equipment: basis 809, 399.Less : hcc d depreciation ►( attach schedule)

-------------------- 169 , 399. 809 , 399. 871 , 89015 Other assets (describe ► - - - - - - - - - - - - - STMT 8 )--------- 167 426. 209 430. 209 , 43016 Total assets (to be completed by all filers - see the

instructions. Also, see page 1, item 1 ) , , , , , , , , , , , , , 3 , 009 , 351. 3 , 669 , 280. 4 62 , 50217 Accounts payable and accrued expenses . , , , , , , , , , ,

18 Grants payable ,,,,,,,,,,,,,,,,,,,,,,,

ch 19 Deferred revenue , , , , , , , , , , , , , , , , , , , , , ,

20 Loans from officers , directors , trustees , and other disqualified persons

W 21 Mortgages and other notes payable ( attach schedule ) 591 275. STMT 9_

22 Other liabilities (describe ► --------------------

23 Total liabilities ( add lines 17 through 22 ) . 591 , 275.

Foundations that follow SFAS 117, check here ►and complete lines 24 through 26 and lines 30 and 31.

w 24 Unrestricted . . . . . . . . . . . . . . . . . . . . . . . . .

25 Temporarily restricted , , , , , , , , , , , , , , , , , , , ,

m 26 Permanently restricted , , , , , , , , , , , , , , , , , , , ,

CFoundations that do not follow SFAS 117,check here and complete lines 27 through 31. ►

0 27 Capital stock, trust principal, or current funds , , , , , , , , 3 , 009 , 351. 3 , 078 , 005.4U 28 Paid-in or capital surplus , or land , bldg , and equipmentfund , , , ,

29 Retained earnings , accumulated income , endowment, or other funds

Y 30 Total net assets or fund balances ( see page 17 of the

Z instructions) ,,,,,,,,,,,,,,,,,,,,,,,,, 3 , 009 , 351. 3 , 078 , 005.31 Total liabilities and net assets/fund balances ( see page 17

.....................of the instructions) . 3 , 009 , 351. 1 3 , 669 , 28 0. 1Analysis 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 withend-of-year figure reported on prior year's return) , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , 1 3 , 009 , 351.

2 Enter amount from Part I, line 27a , , , . . , , ............. 2 -11 , 233.3 Other increases not included in line 2 (itemize ) ► SEE STATEMENT 10 3 79 , 887.

--------------------------------------4 Add lines 1, 2 , and 3 , , , , , , , , , , , , , , , , , , , , , , , , , , , ,, , ,, , , , , , , 3 , 078 , 005.5 Decreases not included in line 2 ( itemize )

.

6 Total net assets or fund balances at end of year ( line 4 minus line 5) - Part II, column (b), line 30 3 , 078 005 .

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Form 990-F (2007)

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lr

43-6797334Form 990-PF (2007) Pag e 3

Ca ital Gains and Losses for Tax on Investment Income

( a) List and describe the kind ( s) of roe soldy ., reareal estate ,2-story brick warehouse ; or common stock , 200 shs . MLC Co .)

(b) Howacquired

doD-Donationacquired

( mo , day, yr.)^d) Date soldmo ., day, yr )

la SEE PART IV SCHEDULEb

c

d

e

( e) Gross sales price ( f) Depreciation allowed(or allowable )

( g) Cost or other basisplus expense of sale

(h) Gain or (loss)(e) plus (f) minus (g)

a

b

c

d

eComp lete only for assets showin g g ain in column ( h) and owned by the foundation on 12 / 31/69 (I) Gains ( Col. (h) gain minus

(i) F.M.V. as of 12/31/69 Q) Adjusted basisas of 12/31/69

(k) Excess of col. (i)over col . (j), if any

col ( k), but not less than -0-) orLosses (from col. (h))

a

b

c

d

e

2 Capital gain net income or (net capital loss) . . . {r If gain , also enter in Part I, line 7l If (loss), enter -0- in Part I , line 7 } 2 109 , 330.

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) (see pages 13 and 17 of the instructions).If ( loss ), enter -0- in Part I , line 8. 3

• 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? , , . . E]Yes© NoIf "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 page 18 of the instructions before making any entries.

( a)Base period years

Calendar year ( or tax year beginning in)

(b)Adjusted qualifying distributions

(c)

Net value of noncharitable-use assets

(d)Distribution ratio

( col. (b) divided by col. (c))

2006 75 , 172. 3 , 349 , 804. 0.022440715932005 102 617. 3 , 290 , 135. 0.031189297702004 149 217. 3 , 313 , 619. 0.045031429382003 172 211. 3 , 215 , 590. 0.053555024122002 296 330. 3 , 346 , 025. 0.08856180094

2 Total of line 1, column (d) , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , 2 0 . 240778268073 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by

the number of years the foundation has been in existence if less than 5 years .. .. . . . . 3 0. 04815565361

4 Enter the net value of noncharitable-use assets for 2007 from Part X, line 5 4 3 , 503 , 984.

5 Multiply line 4 by line 3 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , 5 168 , 737.

6 Enter 1% of net investment income (11% of Part I, line 27b) , , , , , , , , , , , , , , , , , , , 6 493.

7 Addlines5and6 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , 7 169 230.

8 Enter qualifying distributions from Part XII, line 4 , , , , , , , , , , , , , , , , , , , , , , , 8 153 , 567.If line 8 is equal to or greaterthan line 7, check the box in Part VI, li ne 1b , a n d co mplete that part using a 1 %tax rate See the Part V I i nstructions on page 18

T--14302000 Form 990-PF (2007)

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2007)

Excise Tax Based on Investment Income 4940(e), or 4948 - see

1a Exempt operating foundations described in section 4940)d))2), check here ► and enter "N/A' 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 ► q and enter 1%of Part I, line 27b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

c All other domestic foundat i ons 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-) . . ,

3 Add lines 1 and 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 Subtitle A (income) tax (domestic section 4947(a))1) trusts and taxable foundations only Others enter -0-) , , ,

5 Tax based on investment income Subtract line 4 from line 3 If zero or less , enter -0. . . . . . . . . . . . . .6 Credits/Payments

a 2007 estimated tax payments and 2006 overpayment credited to 2007 , , , , 6a 2 264.

b Exempt foreign organizations-tax withheld at source . . 6b NONE

c Tax paid with application for extension of time to file (Form 8868) , , , , , , , 6c 4 533.

d Backup withholding erroneously withheld . . . . . . . . . . . . . . . . . 6d

7 Total credits and payments Add lines 6a through 6d . . . . . . . . . . . . . . . . . . . . . . . . .

8 Enter any penalty for underpayment of estimated tax Check here q if Form 2220 is attached . . . . . .

9 Tax due If the total of lines 5 and 8 is more than line 7, enter amount owed . . . . . . . . . . . . . . . . ►

10 Overpayment If line 7 is more than the total of lines 5 and 8, enter the amount overpaid . . . . , , ►11 Enter the amount of line 10 to be Credited to 2008 estimated tax ► 988. Refunded ►

18 of the instructions)

985.

985.NONE985.

5,812.4,824.

Statements Regarding Activities

la During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it Yes No

participate or intervene in any political campaign? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a X

b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19

of the instructions for definition)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . lb X

If the answer is "Yes" to la or 1b, 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 12) On foundation managers ► $

e Enter the reimbursement (if any) paid by the organization during the year for political expenditure tax imposed on

foundation managers ► $

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 bylaws, or other similar instruments? If "Yes,"attach a conformed copy of the changes . . . . . . . . . . , 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? . . . . . . . . . . . . . . . . . . . . 4b A. . . . . . . . . . . .

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 year7If "Yes,"complete Part ll, col (c), and Part XV , 7 X

8a Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) ► STMT 11---------------------------------------------------------------------

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 . . . . . . . . . . . . . . . . . 8b X

9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942())(3)

or 4942())(5) for calendar year 2007 or the taxable year beginning in 2007 (see instructions for Part If

"Yes,"complete Part XIV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 X

10 Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing theirnames and addresses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 X

Form 990-PF (2007)

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,I J

Form 990-PO (2007)

Statements Ri43-6797334 Pages

1la 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 page 20 of the 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? . . . . . . . . . . . . . . . . . . . . . . . . . . . 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 0________________________ N/A --------------------------------------------------14 The books are in care of ► _UMB_BANK,_ A. A - - - - - - - - - - - - - - - - - - - - - Telephone no. ► --(816) 860_7711_________

Located at 1010 _GRAND__ KANSAS _CITY, _M0_________________________ ZIP +4 ►15 Section 4947 ( a)(1) nonexempt charitable trusts filing Form 990-F in lieu of Form 1041 - Check here . . . . . . . . . . • • • • • • ►

and enter the amount of tax-exempt interest received or accrued during the year . ► 15

• .. Statements Reaardina Activities for Which Form 4720 May Be Reauired

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies. Yes No

1a 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 ? . . . . . . . . © Yes q No

( 2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a

disqualified person? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes X No

(3) Furnish goods , services , or facilities to (or accept them from) a disqualified person? . . . . . . . Yes X No

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person ? . . . . . . . . Yes 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 )? . . . . . . . . . . . . . . . . . . . . . . . . . . . q Yes X 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 , if terminating within 90 days.) . . . . . . . . . . . . . . . . q Yes No

b If any answer is "Yes " to la ( 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)? . . . . . 1b X

Organizations relying on a current notice regarding disaster assistance check here . . . . . . . . . . . . . ► q

c Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts, that

were not corrected before the first day of the tax year beginning in 2007? . . . . . . . . . . . . . . . . . . . . . . . . . . . 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? . . . . . . . . . . . . . . . . . . . . . . . . . q Yes 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 " Non and attach statement - see page 22 of the instructions .) . . . . . . . . . . . . . . . . . . . . 2b NIA

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? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . q Yes X 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.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b N A

4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes ? . . . . . . , 4a

b Did the foundation make any investment in a prior year ( but after December 31, 1969) that could jeopardize its charitablepurpose that had not been removed from jeopardy before the first day of the tax year beginning in 2007? . . . . . . . . . . . 4b X

Form 990-PF (2007)

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• o Form 990-PF (2007) 43-6797334

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

5a During the year did the foundation pay or incur any amount to:q Y N(1) Carry on propaganda , or otherwise attempt to influence legislation (section 4945 ( e))? . . . . . . es o

(2) Influence the outcome of any specific public election ( see section 4955 ); or to carry on,

directly or indirectly , any voter registration drive? Yes X No

(3) Provide a grant to an individual for travel , study, or other similar purposes ? Yes X No

(4) Provide a grant to an organization other than a charitable , etc., organization described in

q a Nsection 509(a)(1), (2), or ( 3), or section 4940(d)(2)? (see page 22 of the instructions ) , , , , , , Yes o

(5) Provide for any purpose other than religious, charitable, scientific , literary, or

l if ? q q Ncrue ty to children or an mals . . . . . . . . . .educational purposes , or for the prevention o Yes o

b If any answer is "Yes" 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 page 22 of the instructions) ? . . . . 5b NIA..

Do.Organizations relying on a current notice regarding disaster assistance check here . . . . . . . . . . . . . . .

c If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the tax

q Yes q Nobecause it maintained expenditure responsibility for the grant ? . . . . . . . . . . . . . . . . . . .

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

q Y Non a personal benefit contract? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . es o

b Did the foundation , during the year, pay premiums, directly or indirectly , on a personal benefit contract ? . . . . . . . . . , 6b.

7aIf you answered "Yes" to 6b, also file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? , q Yes No

b If es did the foundation receive any p roceeds or have any net income attributable to the transaction? . 7b

Information About Officers , Directors, Trustees, Foundation Managers, Highly Paid Employees,and Contractors

1 List all officers . directors. trustees . foundation managers and their compensation (see oaae 23 of the instructions).

( a) Name and address(b) Title , and average

hours per weekdevoted to pos ition

( c) Compensation( If not paid, enter

-0-

(d) Contributions toemployee benefit plans

and deferred com pensation

(e) Expense account,other allowances

--------------------------------------SEE STATEMENT 12 34 , 111. -0- -0-

--------------------------------------

--------------------------------------

--------------------------------------

2 Compensation of five highest-paid employees (other than those included on line 1 - see page 23 of the instructions). If none,enter "NONE."

(a) Name and address of each employee paid more than $50,000(b) Title , and average

hours per weekpdevoted to position

(c) Compensation(d) Contributionstoemployee benefitplans and deferredcom pensation

( e) Expense account,other allowances

--------------------------------------NONE NONE NONE NONE

--------------------------------------

--------------------------------------

--------------------------------------

--------------------------------------

Total number of other employees paid over $50,000 . ► I NONEForm 990-PF (2007)

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43-6797334

Form 990-PF (2007) Pa ge 7

Information About Officers, Directors , Trustees, Foundation Managers, Highly Paid Employees,and Contractors (continued)

3 Five hig hest-paid independent contractors for professional services (see page 23 of the instructions). if none, enter " NONE."( a) Name and address of each person paid more than $50,000 (b) Type of service ( c) Compensation

...................... . .Total number of others receiving over $50,000 for professional services 10.1 NONE

Summary of Direct Charitable Activities

List the foundation ' s four largest direct charitable activities during the tax year Include relevant statistical information such as the numberExpenses

of organizations and other beneficianes served , conferences convened , research papers produced, etc

1RESTORE_AND MAINTAIN-POPLAR HEIGHTS-FARM- AND TO OPER.ATE_THE _____________-FARM_ASA LIVING-HISTORY MUSEUM-FOR-EDUCATION

OF-LATE-19TH----------------

CENTURY FARM LIFE. 105 407.2

-----------------------------------------------------------------------------

3-----------------------------------------------------------------------------

-----------------------------------------------------------------------------

4

-----------------------------------------------------------------------------

Summa of Program-Related Investments (see pa g e 24 of the instructions)Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount

)NONE ------------------------------------------------------------------------------------------------------------------------------------------------------

2-----------------------------------------------------------------------------

-----------------------------------------------------------------------------

All other program-related investments See page 24 of the instructions.

3NONE-----------------------------------------------------------------------------------------------------------------------------------------------------

Total . Add lines 1 throug h 3 . . ►Form 990-PF (2007)

JSA

7E1465 2 000

RL9296 553R 12/12/2008 12:57:39 100168 10 -

Form 990-PF (2007) 43-6797334

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see page 24 of the instructions.)

1

a

Fair market value of assets not used ( or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities , , , , , , , , , , , ,, , , , , , , , ,,, , , ,,, , , 18 2 , 954 , 613.b Average of monthly cash balances , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , lb 142 , 852.c Fair market value of all other assets ( see page 25 of the instructions) , , , , , , , , , , , , , , , , ic 1 , 062 , 227.d Total ( add lines 1a , b, and c) , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , 1d 4 , 159 , 692.e

2

Reduction claimed for blockage or other factors reported on lines la and

1c (attach detailed explanation ) ,, , , , , , , , , , , , , le

Acquisition indebtedness applicable to line 1 assets ............................ 2 602 , 348.3 Subtract line 2 from line ld ..................................

.

3 3 , 557 , 344.4 Cash deemed held for charitable activities. Enter 1 1/2%of line 3 (for greater amount, see page 25

of the instructions) .... ... ..... ...... .. .. ........ . 4 53 , 360.5 Net value of noncharitable -use assets . Subtract line 4 from line 3. Enter here and on Part V, line 4 5 3 , 503 , 984.6 Minimum investment return . Enter 5% of line 5 6 175 199.INW. Distributable Amount (see page 25 of the instructions) (Section 4942 (j)(3) and (j)(5) private operating

fou ndat i o n s a nd certa in fo reign o rg a niza ti o ns ch eck h e re ► FXI a nd do n ot co mpl ete t hi s part.)

1 Minimum investment return from Part X line 6 . . . ... .... ... . . . . .. . . . . . . . . .. 12a Tax on investment income for 2007 from Part VI, line 5 12a NONEb Income tax for 2007. (This does not include the tax from Part VI.) 2b

c Add lines 2a and 2b .............................................3 Distributable amount before adjustments. Subtract line 2c from line 1 . . . .. . .. . . . . . . . . . .

4 Recoveries of amounts treated as qualifying distributions , , , , , , , , , , , , , , , , , , , , , , , , ,

5 Add lines 3 and 4 ..............................................6 Deduction from distributable amount (see page 25 of the instructions) , , , , , _ , , , ,7 Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1 .....................................................

3

5 NONE6 NONE

7

Qualifying Distributions ( see page 26 of the instructions)

1

a

b

2

3a

b45

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc. -total from Part I, column (d), line 26 , , , , , , , , , , , , , 1aProgram-related investments -total from Part IX-B .lbAmounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,purposes . . . . . . . . . ...... . .. .. .. 2Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required ) _ ,, , , , , , , , , ,, , ,,, , , , , , , , ,,, , 3a

Cash distribution test (attach the required schedule) , , , , , , , , , , , , , , , , , , , , , , 3b

Qualifying distributions . Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4 , , , , , . 4

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment income.

NONE

NONENONE

153,567.

Enter 1% of Part I, line 27b (see page 26 of the instructions) , , , , , , , , , , , , , , , , , , , ,,, 5 N/A6 Adjusted qualifying distributions . Subtract line 5 from line 4 6 153, 567.

Note : The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundationqualifies for the section 4940(e) reduction of tax in those years.

Form 990-PF (2007)

JSA

7E 1470 2 000

RL9296 553R 12/12/2008 12:57:39 100168

153,567.

11 -

d., CPO43-6797334

Form 990-PF (2007)

Undistributed Income (see page 26 of the instructions)

la) (b) (c) Id)

1 Distributable amount for 2007 from Part XI, Corpus Years prior to 2006 2006 2007

line7 .....................

2 Undistributed income, if any, as of the end of 2006:

a Enter amount for 2006 only . . . . . . . . ,

b Total for prioryears:

3 Excess distributions carryover, if any, to 2007:

a From 2002 . . . . . .

b From 2003 . . . . . .

c From 2004 . . . . . .

d From 2005 . . . . . .

e From 2006 . . . . . .

f Total of lines 3a through e . . . . . . . . . . .

4 Qualifying distributions for 2007 from Part XII,

line 4: ► $

a Applied to 2006, but not more than line 2a , , ,

b Applied to undistributed income of prior years (Election

required- see page 27 of the instructions) . . . . . .

c Treated as distributions out of corpus (Electionrequired - see page 27 of the instructions) . , ,

d Applied to 2007 distributable amount . . . . .

e Remaining amount distributed out of corpus , ,

5 Excess distributions carryover applied to 2007 ,(If an amount appears in column (d), the sameamount must 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. Subtractline 4b from line 2b ..............

c Enter the amount of prior years' undistributedincome for which a notice of deficiency has beenissued, or on which the section 4942(a) tax hasbeen previously assessed . . . . . . . . . ... .

d Subtract line 6c from line 6b. Taxableamount - see page 27 of the instructions ,

e Undistributed income for 2006. Subtract line4a from line 2a. Taxable amount - see page27 of the instructions . . . . . . . . . . . . .

f Undistributed income for 2007. Subtract lines4d and 5 from line 1. This amount must bedistributed in 2008 .............

7 Amounts treated as distributions out of corpusto satisfy requirements imposed by section170(b)(1)(F) or 4942(g)(3) (see page 27 of theinstructions) . . . ... . .

8 Excess distributions carryover from 2002 notapplied on line 5 or line 7 (see page 27 of theinstructions) . . . . . . . . . . . . . . . . . .

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 . , .e Excess from 2007 .

JSA

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RL9296 553R 12/12/2008 12:57:39 100168

Form 990-PF (2007)

12 -

, pp

Form 990-PF (2007) 43-6797334

Private Operating Foundations ( see page 27 of the instructions and Part VII-A, question 9)

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 . . . . , . , . . . . . ► 08 1 2 5 / 20 03

b Check box to indicate whether the foundation is a private operating foundation described in section X 4942 ( j) (3) or 4942(j)(5)

2a E l f thh dTax year Prior 3 years

nter t esser oe e a -lusted net income from Part (a ) 2007 ( b) 2006 (c) 2005 (d) 2004

(e) Total

I or the minimum investmentreturn from Part X for eachyear listed 35 , 752 . 32 , 222. 67 , 974.

b 85%ofline2a 30 , 389 . 27 , 389. 57 , 778.

C Qualifying distributions from Part

XIi,line 4foreach year listed . 153 , 567 , 75 , 172 . 102 617. 149 217. 480 573.d Amounts included in line 2c not

used direc t ly for active conduct

of exempt activities . . . . .

e Qualifying distributions made

directly for active conduct of

exempt activities Subtract line

2d fromline2c ...... 153 , 567 . 75 , 172 . 102 617. 149 217. 480 573.3 Complete 3a, b, or c for the

alternative test relied upon

a 'Assets' alternative test - enter

( 1) value of all assets ... 4 , 062 , 502 3 , 435 , 565 . 3 , 403 , 179. 3 , 350 , 048. 14 251 294.(2) value of assets qualifying

under section

4942 ( 1)(3)(e)bl. . . . .b "Endowment ' alternative test-

enter 2 / 3 of minimum invest-

ment return shown in Part X,

line6foreachyearlisted . . 116 , 799 , 111 , 660 . 109 671. 110 454. 448 584.C 'Support ' alternative test - enter

(1) Total support other thangross Investment income(interest , dividends, rents,payments an securities

loans ( section 512 ( a)(5)1,or royalties). . . .

(2) Support from generalpublic and 5 or moreexempt organizations asprovided in section 4942

(II(311e)(iii1 . . . . . .

( 3) Largest amount of sup-port from an exempt

organization . . . . .

(4) Gross investment income .

L^Tlff Supplementary Information (Complete this part only if the foundation had $5 ,000 or more in assets at anytime during the year - see page 28 of 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 tax year (but only if they have contributed more than $5,000). ( See section 507(d)(2).)

NONE

b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of theownership of a partnership or other entity ) of which the foundation has a 10% or greater interest.

NONE

2 Information Regarding Contribution , Grant, Gift, Loan, Scholarship , etc., Programs:771Check here ► I A 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 page 28 of the instructions) to individuals ororganizations 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 otherfactors:

JSA7E1490 2 000 Form 990-PF (2007)

RL9296 553R 12/12/2008 12:57:39 100168 13 -

43-6797334Form 990-PF (2007) Page 1 1

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment

Reci ientpIf recipient is an individual ,show any relationship to

Foundationt t f

Purpose of grantor Amount

Name and address (home or business) any foundation manageror substantial contributor

s a us orecipient

contribution

a Paid during the year

SEE STATEMENT 13

..................................................Total ► 3a 36 , 745.b Approved for future payment

Total ► 3b

Form 990-PF (2007)

JSA

7E 1491 2 000

RL9296 553R 12/12/2008 12:57:39 100168 14

43-6797334Form 990-PF (2007)

Analysis of Income-Producing ActivitiesEnter gross amounts unless otherwise indicated . Unrela ted business income Excluded b section 512, 513, or 514 (e)

R l

1 Program service revenue :

(a)Business code

(b)Amount

(c)Exclusion code

(d)Amount

atex or exemptunction income

(th eSee

instructions.)

a

b

c

d

e

f

g Fees and contracts from government agencies

2 Membership dues and assessments , . .

3 Interest on savings and temporary cash investments

4 Dividends and interest from securities , . . 14 82 , 797.

5 Net rental income or (loss ) from real estate:

a Debt-financed property . . . . . . . . .

b Not debt-financed property . . . . . . .

6 Net rental income or ( loss) from personal property . 16 10 , 974.7 Other investment income . . . . . . . . . .

8 Gain or ( loss) from sales of assets other than invento ry 18 109 , 330.9 Net income or ( loss) from special events . . .

10 Gross profit or (loss ) from sales of inventory .

11 Other revenue: a

b FEDERAL TAX REFUND 1 1 , 635.c FARM - OTHER INCOM 1 15 , 206.d

IS

12 Subtotal Add columns ( b), (d), and (e) . . . 219 , 942.

13 Total . Add line 12 , columns ( b), (d), and (e) . . . . . . . . . . . 13 219,942.(See worksheet in line 13 instructions on page 29 to verify calcu lations.)

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No ..

Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly tothe accomplishment of the foundation ' s exempt purposes (other than by providing funds for such purposes). (Seepage 29 of the instructions.)

NOT APPLICABLE

JSA7E1492 2 000

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Form 990-PF (2007)

15 -

Form 990-PF 2007) 43-6797334 Information Regarding Transfers To and Transactions and Relationships With Noncharitable

• Exempt Organizations

1 Did the organization directly or indirectly engage in any of the following with any other organization described in section Yes No

501(c) of 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 noncharltable exempt organization of.

(1) Cash .......................................................... 1a1 X

(2) Other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . la ( 2 ) X

b Other transactions:

(1) Sales of assets to a noncharitable exempt organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b 1 X

(2) Purchases of assets from a noncharitable exempt organization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b( 2 ) X

(3) Rental of facilities , equipment , or other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . lb ( 3 ) X

(4) Reimbursement arrangements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . lb (4 ) X

(5) Loans or loan guarantees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b 5

(6) Performance of services or membership or fundraising solicitations . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b 6 X

c Sharing of facilities , equipment, mailing lists , other assets , or paid employees . . . . . . . . . . . . . . . . . . . . . . . . 1c

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,

other assets , or services given by the reporting foundation . If the foundation received less than fair market value in any transaction or s haring

arrangement , show in column (d) the value of the goods , other assets , or services received.

(a) Name of organization (b) Type of organization ( c) Description of relationship

Under penalties of perjury, I declare that I have examined this return , including accompanying schedules and statements , and to the best of my knowledge andbelief, it is true, correct , and co plete . Declaration of preparer ( other than taxpayer or fiduciary ) is based on all information o wh h reparer has any knowledge

Sign tureofofficerortrustee

C171

CO) > Preparer's

A d. E p signature

d m' Firm 's name (or yours if hLAHOMSON REUTERSself-employed ), address , ONE NORTH DEARBOand ZIP code CHICAGO , IL

7E 1493 2 000

RL9296

2 a 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 527? . . . . . . . . . . . . . . . . . . . . . . . . . q Yes © No

k If INnc " n„mni. to tl.n fniIn,,inn erk-AI.

J S J FAMILY FOUNDATION 100168 43-6797334

FORM-990PF, PART I - CONTRIBUTIONS, GIFTS AND GRANTS RECEIVED--------------------------------------------------------------------------------------------------------------------------

CONTRIBUTOR NAME:CONTRIBUTORS OF LESS THAN $1000

CONTRIBUTION DATE:07/25/2007

DIRECT PUBLIC SUPPORT ............................................ 51.







TOTAL DIRECT PUBLIC SUPPORT: 101.----------------------------

STATEMENT 1

XD5762000RL9296 553R 12/12/2008 12:57:39 100168 31

FORM 990-PF - PART IVCAPITAL GAINS AND LOSSES FOR TAX ON INVESTMENT INCOME

Kind of Property Description Dateacquired

Date sold

Gross sale Depreciation Cost or FMV Adj. basis Excess of Gainprice less allowed / other as of as of FMV over or

ex enses of sal di basi s ( l o ss )

TOTAL SHORT-TERM CAPITAL GAIN DIVIDENDS 3,264.

TOTAL LONG-TERM CAPITAL GAIN DIVIDENDS 9,661.

125. ADOBE SYSTEMS INC 02/17/2006 03/07/2007PROPERTY TYPE: SECURITIES

4,883.00 4,806.00 77.00

25. ADOBE SYSTEMS INC 12/27/2005 01/15/2008PROPERTY TYPE: SECURITIES

945.00 924.00 21.00

100. AMERICAN EXPRESS CO 01/05/2004 01/15/2008PROPERTY TYPE: SECURITIES

4,320.00 4,226.00 94.00

310. AMERICAN EXPRESS CO 01/05/2004 01/25/2008PROPERTY TYPE: SECURITIES

14,242.00 13,100.00 1,142.00

175. AMERICAN INTERNATIONAL GROUP INC 02/09/2000 01/15/2008PROPERTY TYPE: SECURITIES

10,217.00 11,225.00 -1,008.00

125. AUTODESK INC 08/30/2007 01/15/2008PROPERTY TYPE: SECURITIES

5,380.00 5,714.00 -334.00

360. BEST BUY CO INC 03/07/2007 05/16/2007PROPERTY TYPE: SECURITIES

16,960.00 19,614.00 -2,654.00

180. BHP LTD SPONSORED ADR REPSTG 2 ORD 11/15/2007 01/25/2008PROPERTY TYPE: SECURITIES

11,350.00 13,161.00 -1,811.00

470. WILLIAM BLAIR SMALL CAP GROWTH FUND 01/12/2007 11/15/2007PROPERTY TYPE: SECURITIES

12,229.00 12,249.00 -20.00

1066.115 WILLIAM BLAIR SMALL CAP GROWTH 12/19/2007 01/09/2008PROPERTY TYPE: SECURITIES

23,764.00 27,156.00 -3,392.00

JSA7E1730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 17



Date sold

Gross sale Depreciation Cost or FMV Add. basis Excess of Gainprice less allowed / other as of as of FMV over or

expenses of sale ad' basi s ( l o ss )

590. CHEESECAKE FACTORY INC 11/06/2006 09/21/2007PROPERTY TYPE: SECURITIES

14,337.00 16,091.00 -1,754.00

.638 CITADEL BROADCASTING CORP 07/08/2003 06/25/2007PROPERTY TYPE: SECURITIES

4.00 2.00 2.00

32. CITADEL BROADCASTING CORP 09/17/2003 07/24/2007PROPERTY TYPE: SECURITIES

190.00 118.00 72.00

25. COMCAST CORP NEW 07/02/2007 10/02/2007PROPERTY TYPE: SECURITIES

589.00 710.00 -121.00

880. COMCAST CORP NEW 05/16/2007 11/15/2007PROPERTY TYPE: SECURITIES

17,437.00 24,295.00 -6,858.00

300. CORNING INC 02/03/2006 05/16/2007PROPERTY TYPE: SECURITIES

7,151.00 8,146.00 -995.00


4,490.00 4,317.00 173.00


2,651.00 2,714.00 -63.00


13,040.00 12,705.00 335.00

150. COVANCE INC 12/09/2005 07/02/2007PROPERTY TYPE: SECURITIES

10,305.00 7,495.00 2,810.00

30. COVANCE INC 12/09/2005 01/15/2008PROPERTY TYPE: SECURITIES

2,874.00 1,499.00 1,375.00

J5A7E1730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 18



Date sold

Gross sale Depreciation Cost or FMV Adj. basis Excess of Gainprice less allowed/ other as of as of FMV over or

ez enses

of

sale allowable hagin /31/612 9 12/31/69 ad' basis ( l o ss )

50. DST SYSTEMS INC DELAWARE 03/19/2004 03/20/2007PROPERTY TYPE: SECURITIES

3,678.00 2,275.00 1,403.00


3,919.00 2,275.00 1,644.00


4,014.00 2,502.00 1,512.00

55. DANAHER CORP 04/19/2006 07/31/2007PROPERTY TYPE: SECURITIES

4,188.00 3,722.00 466.00

90. DEERE & CO 12/08/2006 01/15/2008PROPERTY TYPE: SECURITIES

8,319.00 4,370.00 3,949.00

270. DELL INC 12/08/2006 03/20/2007PROPERTY TYPE: SECURITIES

6,072.00 7,128.00 -1,056.00

455. DELL INC 02/06/2004 03/20/2007PROPERTY TYPE: SECURITIES

10,233.00 15,912.00 -5,679.00

.5 DISCOVER FINANCIAL SERVICES 01/05/2004 07/02/2007PROPERTY TYPE: SECURITIES

14.00 10.00 4.00

112. DISCOVER FINANCIAL SERVICES 04/22/2004 07/25/2007PROPERTY TYPE: SECURITIES

2,714.00 2,058.00 656.00

230. DOVER CORP 07/28/2004 08/30/2007PROPERTY TYPE: SECURITIES

11,189.00 9,142.00 2,047.00

270. DOVER CORP 05/19/2004 10/02/2007PROPERTY TYPE: SECURITIES

13,747.00 10,454.00 3,293.00

JSA7E 1730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 19



Date sold


expense s of sal e ad' basis ( l oss )

70. DUPONT E I DE NEMOURS & CO 03/07/2007 09/21/2007PROPERTY TYPE: SECURITIES

3,465.00 3,550.00 -85.00

350. DUKE ENERGY HLDG CORP 01/25/2007 07/31/2007PROPERTY TYPE: SECURITIES

6,013.00 6,668.00 -655.00

930. DUKE ENERGY HLDG CORP 02/17/2006 07/31/2007PROPERTY TYPE: SECURITIES

15,977.00 15,388.00 589.00

75. EMERSON ELECTRIC CO 07/28/2005 01/15/2008PROPERTY TYPE: SECURITIES

3,763.00 2,495.00 1,268.00

150. ERICSSON LM TELEPHONE CO ADR 12/09/2005 03/07/2007PROPERTY TYPE: SECURITIES

5,131.00 5,205.00 -74.00

135. EXXON MOBIL CORP 12/30/1997 03/07/2007PROPERTY TYPE: SECURITIES

9,656.00 3,696.00 5,960.00

25. EXXON MOBIL CORP 12/30/1997 10/02/2007PROPERTY TYPE: SECURITIES

2,291.00 684.00 1,607.00

50000. FEDERAL FARM CREDIT BANK DTD 10/6 02/08/2006 11/06/2007PROPERTY TYPE: SECURITIES

50,000.00 49,434.00 566.00

50000. FEDERAL HOME LOAN BANK 6.50% DUE 09/14/1999 08/15/2007PROPERTY TYPE: SECURITIES

50,000.00 49,261.00 739.00

100000. FEDERAL HOME LOAN BANK DTD 3/10/ 09/15/2004 02/22/2007PROPERTY TYPE: SECURITIES

98,291.00 99,500.00 -1,209.00

GOVT NATIONAL MTG ASSN DTD 10/1/2005 5 02/09/2006 02/15/2007PROPERTY TYPE: SECURITIES

101.00 100.00 1.00

JSA7E1730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 20


Kind of Property Description 0112

Dateacquired

Date sold

Gross sale Depreciation Cost or FMV Adj basis Excess of Gainprice less allowed / other as of as of FMV over or

ex enses of sale allowable hagen 12/31/69 12/31/69 ad ' basis ( lo ss)


98.00 98.00


1,677.00 1,672.00 5.00


92.00 92.00

. GOVT NATIONAL MTG ASSN DTD 10/1/2005 5 02/09/2006 06/15/2007PROPERTY TYPE: SECURITIES

90.00 90.00


1,267.00 1,263.00 4.00


90.00 90.00


90.00 90.00


91.00 90.00 1.00


214.00 214.00


104.00 104.00


93.00 92.00 1.00

JSA7E 1730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 21



Date sold


ex enses of sal e ad ' b as is ( l o ss )

GOVT NATIONAL MTG ASSN POOL# 003207 5. 08/29/2005 02/20/2007PROPERTY TYPE: SECURITIES

491.00 503.00 -12.00


653.00 669.00 -16.00


610.00 625.00 -15.00


450.00 460.00 -10.00


593.00 607.00 -14.00


1,393.00 1,426.00 -33.00


240.00 245.00 -5.00


308.00 316.00 -8.00


321.00 328.00 -7.00


280.00 286.00 -6.00

. GOVT NATIONAL MTG ASSN POOL# 003207 5. 08/29/2005 12/20/2007PROPERTY TYPE: SECURITIES

538.00 551.00 -13.00

JSA7121730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 22


Kind of Property Description1

P2

Dateacquired

Date sold


ex enses of sal e allowable haqi-q 12,13 ad' basis ( l o ss )

. GOVT NATIONAL MTG ASSN POOL# 003207 5. 08/29/2005 01/22/2008PROPERTY TYPE: SECURITIES

308.00 315.00 -7.00

GOVT NATIONAL MTG ASSN II DTD 12/1/200 09/19/2005 02/20/2007PROPERTY TYPE: SECURITIES

233.00 239.00 -6.00

. GOVT NATIONAL MTG ASSN II DTD 12/1/200 09/19/2005 03/20/2007PROPERTY TYPE: SECURITIES

226.00 232.00 -6.00


766.00 785.00 -19.00


2,203.00 2,259.00 -56.00


738.00 757.00 -19.00


213.00 218.00 -5.00


219.00 224.00 -5.00


228.00 234.00 -6.00


228.00 233.00 -5.00


219.00 224.00 -5.00

JSA7E1730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 23



Date sold


expenses of sale allowable hasin 12/31/69 12/31/69 ad ' basis ( l o ss )


892.00 915.00 -23.00


933.00 957.00 -24.00


190.00 188.00 2.00


192.00 190.00 2.00


193.00 192.00 1.00


194.00 192.00 2.00


195.00 193.00 2.00


196.00 194.00 2.00


197.00 195.00 2.00


3,423.00 3,394.00 29.00


186.00 184.00 2.00

JSA7E 1730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 24



Date sold

Gross sale Depreciation Cost or FMV Add. basis Excess of Gainprice less allowed / other as of as of FMV over or

expe nses of sale allowable ba-m 12/31/69 12/31/69 ad' basis ( l oss )


187.00 186.00 1.00


189.00 187.00 2.00


189.00 187.00 2.00

375. GENENTECH INC 06/12/2006 01/15/2008PROPERTY TYPE: SECURITIES

26,242.00 29,982.00 -3,740.00

9. GOOGLE INC 07/31/2007 01/15/2008PROPERTY TYPE: SECURITIES

5,762.00 4,738.00 1,024.00

35000. GOVERNMENT NATIONAL MORTGAGE ASSN 10/16/2007PROPERTY TYPE: SECURITIES

25. HARRIS CORPORATION 01/11/2007 01/15/2008PROPERTY TYPE: SECURITIES

1,260.00 1,257.00 3.00

355. IMPERIAL OIL LTD 01/05/2004 01/25/2008PROPERTY TYPE: SECURITIES

17,261.00 5,492.00 11,769.00

125. INTERNATIONAL BUSINESS MACHINES COR 03/07/2007 07/02/2007PROPERTY TYPE: SECURITIES

13,127.00 11,784.00 1,343.00

298. ISHARES TR S&P SMALL CAP 600 INDEX 03/07/2007 11/15/2007PROPERTY TYPE: SECURITIES

19,645.00 19,614.00 31.00

95. ISHARES TR S&P SMALL CAP 600 INDEX F 03/07/2007 01/15/2008PROPERTY TYPE: SECURITIES

5,663.00 6,253.00 -590.00

JSA7E 1730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 25



Date sold


ex nses f sal ad ' basis ( l o ss )

150. ISHARES TR S&P SMLCP 600/BARRA GROW 02/17/2006 03/07/2007PROPERTY TYPE: SECURITIES

19,240.00 18,527.00 713.00

90. ISHARES TR S&P SMLCP 600/BARRA GROWT 11/06/2006 11/15/2007PROPERTY TYPE: SECURITIES

12,202.00 11,220.00 982.00

275. JOHNSON & JOHNSON 03/07/2007 04/04/2007PROPERTY TYPE: SECURITIES

16,812.00 18,008.00 -1,196.00

300. KOHLS CORP 09/21/2007 01/07/2008PROPERTY TYPE: SECURITIES

12,247.00 17,988.00 -5,741.00

170. KOHLS CORP 08/16/2004 01/07/2008PROPERTY TYPE: SECURITIES

6,940.00 8,042.00 -1,102.00

40. MARATHON OIL CORP 04/13/2007 07/31/2007PROPERTY TYPE: SECURITIES

2,229.00 2,051.00 178.00

140. MARATHON OIL CORP 03/07/2007 01/15/2008PROPERTY TYPE: SECURITIES

7,344.00 7,080.00 264.00

80. MCDONALDS CORP 07/31/2007 09/21/2007PROPERTY TYPE: SECURITIES

4,405.00 3,898.00 507.00

230. MEDTRONIC INC 12/02/2003 11/15/2007PROPERTY TYPE: SECURITIES

10,721.00 10,651.00 70.00

155. MERRILL LYNCH & CO INC 04/22/2004 05/16/2007PROPERTY TYPE: SECURITIES

14,260.00 8,996.00 5,264.00


20,649.00 12,811.00 7,838.00

JSA7E1730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 26



Date sold


ex enses f sale ad' basis ( l o ss )


4,138.00 2,781.00 1,357.00


16,945.00 12,402.00 4,543.00

50. MONSANTO CO 05/16/2007 09/21/2007PROPERTY TYPE: SECURITIES

3,935.00 3,179.00 756.00

70. MONSANTO CO 05/16/2007 01/15/2008PROPERTY TYPE: SECURITIES

8,687.00 4,261.00 4,426.00

90. MORGAN STANLEY DEAN WITTER & CO 01/05/2004 03/20/2007PROPERTY TYPE: SECURITIES

6,875.00 5,190.00 1,685.00


13,437.00 9,226.00 4,211.00


6,366.00 4,325.00 2,041.00

265. NOKIA CORP SPONSORED ADR 04/19/2006 03/20/2007PROPERTY TYPE: SECURITIES

5,854.00 5,753.00 101.00


2,669.00 2,171.00 498.00


6,990.00 4,342.00 2,648.00

115. NORTHERN TRUST CORP 01/05/2004 03/07/2007PROPERTY TYPE: SECURITIES

6,816.00 5,423.00 1,393.00

J5A7E 1730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 27



Date sold

Gross saleo Depreciation Cost or FMV Adj. basis Excess of Gainprice less allowed / other as of as of FMV over or

ex enses f sale ad i b a sis ( l o ss )

680. ORACLE CORPORATION 12/08/2006 03/07/2007PROPERTY TYPE: SECURITIES

11,295.00 12,145.00 -850.00

270. PEABODY ENERGY CORP 04/13/2007 08/27/2007PROPERTY TYPE: SECURITIES

11,189.00 12,434.00 -1,245.00

490. QUALCOMM INC 09/25/2006 01/15/2008PROPERTY TYPE: SECURITIES

19,458.00 21,925.00 -2,467.00

125. SCHERING PLOUGH CORP 01/25/2007 10/02/2007PROPERTY TYPE: SECURITIES

4,080.00 3,163.00 917.00

465. SPECTRA ENERGY CORP 02/17/2006 04/13/2007PROPERTY TYPE: SECURITIES

12,020.00 11,093.00 927.00

25. STAPLES INC RETAIL & DELIVERY 05/16/2007 10/02/2007PROPERTY TYPE: SECURITIES

537.00 631.00 -94.00

85. STATE STREET CORP 07/08/2003 09/21/2007PROPERTY TYPE: SECURITIES

5,689.00 3,612.00 2,077.00


3,399.00 2,125.00 1,274.00


10,537.00 5,949.00 4,588.00


6,850.00 3,612.00 3,238.00

430. TJX COMPANIES INC 12/30/1997 05/16/2007PROPERTY TYPE: SECURITIES

11,853.00 3,494.00 8,359.00

J5A7E1730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 28

.. i .


Kind of Property Description

-Date

acquiredDate sold

Gross sale Depreciation Cost or FMV Adj. basis Excess of Gainprice less allowed / other T as of as of FMV over or

ex ense of sale a lowable haq*.q 12/11169 12/31169 adi basis ( l oss )

360. US BANCORP 11/09/2005 09/21/2007PROPERTY TYPE: SECURITIES

11,937.00 10,670.00 1,267.00

585. UMB SCOUT INTERNATIONAL FUND 02/17/2006 03/07/2007PROPERTY TYPE: SECURITIES

19,089.00 17,258.00 1,831.00


52,383.00 42,038.00 10,345.00


6,043.00 4,779.00 1,264.00

2125. UMB SCOUT SMALL CAP FUND 08/24/2005 03/07/2007PROPERTY TYPE: SECURITIES

35,020.00 33,903.00 1,117.00

1050. UMB SCOUT SMALL CAP FUND 08/24/2005 11/15/2007PROPERTY TYPE: SECURITIES

19,709.00 16,580.00 3,129.00

120. WALGREEN CO 07/08/2003 08/30/2007PROPERTY TYPE: SECURITIES

5,373.00 3,708.00 1,665.00

280. WALGREEN CO 07/08/2003 10/02/2007PROPERTY TYPE: SECURITIES

11,164.00 8,652.00 2,512.00

120. GARMIN LTD ORD 05/19/2004 05/16/2007PROPERTY TYPE: SECURITIES

6,710.00 1,873.00 4,837.00


5,182.00 937.00 4,245.00


2,043.00 312.00 1,731.00

JSA7E 1730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 29



Date sold


ex enses f sale allowable hagm 12/31/69 12/31/69 ad ' basi s ( l oss )

TOTAL GAIN(LOSS) ...... ........................................ 109,330.

JSA7E1730 1 000

RL9296 553R 12/12/2008 12:57:39 100168 30

J S J FAMILY FOUNDATION 100168

FORM 990PF, PART I - DIVIDENDS AND INTEREST FROM SECURITIES

REVENUEAND

EXPENSES

DESCRIPTION PER BOOKS----------- ---------

43-6797334

NETINVESTMENT

INCOME

ADJUSTEDNETINCOME

INT & DIV FROM SECUR 82,797. 82,601. 82,601.-------------- -------------- --------------

TOTAL 82,797. 82,601. 82,601.

- RL9296 553R 12/12/2008 12:57:39 100168 32 STATEMENT 2


FORM 990PF, PART I - OTHER INCOME------------------------------------------------------------------

DESCRIPTION

FARM INCOMEFEDERAL TAX REFUND

TOTALS

REVENUEAND NET ADJUSTED

EXPENSES INVESTMENT NET

PER BOOKS INCOME INCOME--------- ------ ------

15,206. 15,206. 15,206.

1,635.-------------- -------------- --------------

16,841. 15,206. 15,206.

- RL,9296 553R 1 2 /1 2 /2008 12:57:39 100168 33 STATEMENT 3


FORM 990PF, PART I - LEGAL FEES--------------------------------------------------------------

DESCRIPTION

LEGAL FEES - PRINCIPAL (ALLOCA

TOTALS


EXPENSES INVESTMENT NET CHARITABLE

PER BOOKS INCOME INCOME PURPOSES

--------- ------ ------ --------

6,275. 1,569. 4,706.

-------------- -------------- -------------- --------------

6,275. 1,569. NONE 4,706.

- RL9296 553R 12/12/ 2008 12:57:39 100168 34 STATEMENT 4


FORM 990PF, PART I - ACCOUNTING FEES------------------------------------------------------------------------

DESCRIPTION

TAX PREPARATION FEE (NON-ALLOC

TOTALS


EXPENSES INVESTMENT NET CHARITABLEPER BOOKS INCOME INCOME PURPOSES--------- ------ ------ --------

800. 800.-------------- -------------- -------------- --------------

800. NONE NONE 800.-------------- -------------- -------------- ---------------------------- -------------- -------------- --------------

- RL9296 553R 12/12/ 2008 12:57:39 100168 35 STATEMENT 5


FORM 990PF , PART I - TAXES----------------------------------------------------

DESCRIPTION

FOREIGN TAXES PAIDEXCISE TAX PAIDEST TAX PMTS

TOTALS

- RL9296 553R 12/12/ 2008 12:57:39

43-6797334


EXPENSES INVESTMENT NET

PER BOOKS INCOME INCOME--------- ------ ------

1,031. 1,031. 1,031.

848.2,264.

-------------- -------------- --------------

4,143. 1,031. 1,031.

1001.68 36 STATEMENT 6


FORM 990PF, PART I - OTHER EXPENSES

DESCRIPTION

RENT AND ROYALTY EXPENSESFARM OTHER EXP.BANK CHARGEOTHER MISC EXPRENTAL EXP.

TOTALS


EXPENSES INVESTMENT NET CHARITABLE

PER BOOKS---------

INCOME------

INCOME------

PURPOSES--------

36,644.105,407. 105,407. 11,147. 94,260.

20. 20. 20.2,245. 2,245. 2,245.

36,644. 36,644.------------- ----------------------------

144,316.--------------

144,316.-

50,056. 94,260.

- RL9296 553R 1.2/12/2008 1.2:57:39 100168 37 STATEMENT 7


FORM 990PF, PART II - OTHER ASSETS--------------------------------------------------------------------

DESCRIPTION

43-6797334

ENDINGBOOK VALUE

SEE ATTACHMENT 209,430.---------------

TOTALS 209,430.------------------------------

- RL9296 553R 12/12/ 2008 12:57 :39 100168 38

ENDINGFMV

209,430.---------------

209,430.------------------------------

STATEMENT 8


FORM 990PF, PART II - MORTGAGES AND OTHER NOTES PAYABLE--------------------------------------------------------------------------------------------------------------

LENDER:FIRST TENNESSEE BANK

ORIGINAL AMOUNT: 615,314.DATE OF NOTE: 04/01/2007MATURITY DATE: 03/01/2012INTEREST RATE: 6.000000ENDING BALANCE DUE ........................................

TOTAL ENDING MORTGAGES AND OTHER NOTES PAYABLE

43-6797334

591,275.

591,275.------------------------------

STATEMENT 9

XD576 2000RL9296 553R 12/12/2008 12:57:39 100168 39


FORM 990PF, PART III - OTHER INCREASES IN NET WORTH OR FUND BALANCES----------------------------------------------------------------------------------------------------------------------------------------

DESCRIPTION AMOUNT----------- ------

ESCROW FOR PROPERTY PURC 24,686.DEPRECIATION BASIS ADJUSTMENT 4,886.ADJ. BEGINNING BALANCE FOR CHECKING ACCT 8,191.FARM EQUIP. COST BASIS ADJ. 42,004.LOAN BALANCE ADJ 117.ROUNDING 3.

TOTAL 79,887.

STATEMENT 10

x05762000RL9296 553R 12/12/ 2008 12:57: 39 100168 40 -


-------------------------------------------STATE(S) WHERE THE FOUNDATION IS REGISTERED--------------------------------------------------------------------------------------

MO

43-6797334

STATEMENT 11

XD576 2000RL9296 553R 12/12/ 2008 12:57 :39 100168 41


FORM'990PF, PART VIII - LIST OF OFFICERS, DIRECTORS, AND TRUSTEES----------------------------------------------------------------------------------------------------------------------------------

OFFICER NAME:UMB BANK, N.A.

ADDRESS:PO BOX 419692KANSAS CITY, MO 64141

TITLE:TRUSTEE

COMPENSATION ...............................................

OFFICER NAME:MS HELEN KING

ADDRESS:C/0 UMB BANKKANSAS CITY, MO 64141

TITLE:CO-TRUSTEE

COMPENSATION ...............................................

OFFICER NAME:DEVORAH CASOLARI

ADDRESS:4034 NW CLAYMONT DRIVEKANSAS CITY, MO 64116-1751

TITLE:CO TRUSTEE

COMPENSATION ...............................................

TOTAL COMPENSATION:

22,741.

5,685.

5,685.

34,111.----------------------------

STATEMENT 12

XD576 2000RL9296 553R 12/12/2008 12:57:39 100168 42

J S J FAMILY FOUNDATION 100168 43-6797334FORM 990PF, PART XV, LINE 3 - CONTRIBUTIONS, GIFTS, GRANTS PAID-----=------------------------------------------------------------------------------------------------------------------------

RECIPIENT NAME:POPLAR HEIGHTS FARM

RELATIONSHIP:SELF DIRECTED CHAR ACTIVITIES

PURPOSE OF GRANT:DIRECT PURPOSES OF THIS ORGANIZATION

FOUNDATION STATUS OF RECIPIENT:OPERATING FOUNDATION

AMOUNT OF GRANT PAID ............................................ 36,745.

TOTAL GRANTS PAID: 36,745.------------------------------

STATEMENT 13

XD5762000RL9296 553R 12/12/2008 12:57: 39 100168 43 -

/ 0,

'E70001000 RENT AND ROYALTY INCOMETaxpayer's Name Identifying Number


DESCRIPTION OF PROPERTY

RT 1 BOX 343 BUTLER MO 64730 BATESYes No Did you actively partici p ate in the operation of the activity during the tax ear?

RENTAL INCOME ...........••.... 10 , 974dOTHER INCOME

....................................................I 10.974OTHER EXPENSES:

INSURANCETAXES

UTILITIESOTHER EXPENSE

27

1

DEPRECIATION (SHOWN BELOW) 827 ........................LESS : Beneficiary's Portion • • • • • • . , , • , • , , , , , , , , , , ,

AMORTIZATION ................................LESS : Beneficiary's Portion , , , , , , • • • • • , • • • • • • , , , , ,

DEPLETION ..................................LESS : Beneficiary's Portion , , , , , , , , , , , , , , , , , , , , , , , , ,

TOTAL EXPENSES ................. 37 , 471.

TOTAL RENT OR ROYALTY INCOME (LOSS) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -26.497.

Less Amount to

Rent or Royalty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Depletion ...........................................Investment Interest Expense

Other Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Net Income (Loss) to Others

Net Rent or Royalty Income (Loss) , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , -26,497..............................................Deductible Rental Loss ( if Applicable)

SCHEDULE FOR DEPRECIATION CLAIMED

(a) Description of property( b) Cost or

unadjusted basis

( c) Dateacquired

( d)ACRS

des.

(e)Bus.

%

(f) Basis for

depreciation

(g) Depreciationin

prior years

(h)Method

( i) Lifeor

rate

( j) Depreciation

for this year

SEE STATEMENT

SSA Totals ......... ................... ................... 827.RL9296 553R 12/12/2008 12:57:39 100168 44 -

SUPPLEMENT TO RENT AND ROYALTY SCHEDULE------------------------------------------------------------------------------

OTHER DEDUCTIONS

INTEREST EXPENSE 35,059.

35,059.

XD576 2 000RL9296 553R 12/12/ 2008 12:57: 39 100168 45

r e


RENT AND ROYALTY SUMMARY------------------------------------------------

ALLOWABLETOTAL DEPLETION/ OTHER NET

PROPERTY INCOME DEPRECIATION EXPENSES INCOME-------- ------ ------------ -------- ------

RT 1 BOX 343 BUTLER 10,974. 827. 36,644. -26,497.---------- ---------- ---------- ----------

TOTALS 10,974. 827. 36,644. -26,497.---------- ---------- ---------- -------------------- ---------- ---------- ----------

STATEMENT 1

XD5762000RL9296 553R 12/12/2008 12:57:39 100168 46 -

Form 4562Department of the TreasuryInternal Revenue Service

Depreciation and Amortization( Including Information on Listed Property)

► See separate instructions. ► Attach to your tax return.

20°07AttachmentSequence No 67

Name ( s) shown on return Identifying number

J S J FAMILY FOUNDATION 100168 43-6797334Business or activity to which this form relates

RT 1 BOX 343 BUTLER MO 64730 BATES1110Tell! Election To Expense Certain Property Under Section 179

1.Note: If you have any listed property, complete Part V before you complete Part1 Maximum amount . See the instructions for a higher limit for certain businesses , , , , , , , , , , , , , , , , .________________________

2 Total cost of section 179 property placed in service ( see instructions) , , , , , , , , , , , , , , , , , , , , , , , ,

3 Threshold cost of section 179 property before reduction in limitation , , , , , , , , , , , , , , , , , , , , , ,

4 Reduction in limitation . Subtract line 3 from line 2. If zero or less, enter -05 Dollar limitation for tax year Subtrac t line 4 from line 1 If zero or less, enter -o- If married fllnp

sep arate ly, see instructions

( a) Description of property ( b) Cost (business use only) (c) Elected cost

6

7 Listed property. Enter the amount from line 29 , , , , , , , , , , , , , , , , , , 7

8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 , , , , , , , , , , , , , 8

9 Tentative deduction. Enter the smaller of line 5 or line 8 9

10 Carryover of disallowed deduction from line 13 of your 2006 Form 4562 , , , , , , , , 10

11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5 (see instructions) 11

12 Section 179 expense deduction. Add lines 9 and 10, but do not enter more than line 11 12

13 Carryover of disallowed deduction to 2008. Add lines 9 and 10, less line 12 . ► 13

Note: Do not use Part 11 or Part 111 below for listed property. Instead, use Part V.

MINT Special Depreciation Allowance and Other Depreciation (Do not include listed property.) (See instructio

14 Special allowance for qualified New York Liberty or Gulf Opportunity Zone property (other than listed property) and

cellulosic biomass ethanol plant property placed in service during the tax year (see instructions) . . . . . . . . . . 14

15 Property subject to section 168(f)(1) election . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

16 Other depreciation (including ACRS) 16MACRS Depreciation (Do not include listed property.) (See instructions.)

Section A17 MACRS deductions for assets placed in service in tax years beginning before 2007 . . . . . . . . . . . . . . . 17

18 If you are electing to group any assets placed in service during the tax year into one or more

general asset accounts, check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ►nSection B - Assets Placed in Service Durina 2007 Tax Year Usina the General Depreciation System

(a) Classification of property( b) Month andyear placed in

service

( c) Basis for depreciation(business / Investmentuseonly - see instructions)

(d) Recoverypenod (e) Convention (f) Method ( g) Depreciation deduction

19a 3-year property Seeb 5-year property Detailc 7-year property

d 10-year property

e 15-year property

f 20-year property

g 25-year property 25 yrs. S/L

h Residential rental 03 / 02 / 2007 , 26 , 000. 27.5 yrs. MM S/L 827.property 27.5 yrs. MM S/L

i Nonresidential real 39 yrs. MM S/L

property MM S/L

Section C - Assets Placed in Service Durina 2007 Tax Year Usina the Alternative Denreciatien System

20a Class life S/L

b 12-year 12 yrs. S/L

c 40-year 40 yrs. MM S/L

EFTIORM 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.. 22 827

23 For assets shown above and placed in service during the current year,

enter the portion of the basis attributable to section 263A costs 23JSA For aperwor Reduction Act Notice, see separate instructions . Form 4562 (2007)7F0931 1 00

RL9296 553R 12/12/2008 12:57:39 100168 48 -

, 15.. f r-.

43-6797334Form 4562 ( 2007) Page 2

INNIF-Listed Property (Include automobiles, certain other vehicles, cellular telephones, certain computers, andproperty used for entertainment, recreation, or amusement.)Note : For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only24a, 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.)24a Do you have evidence to suooort the business /investment use claimed ? Yes Na 24b If "Yes." is the evidence written? Yes Nn

(c) lel (I)(a)Type of property ( list

(b)Date placed in

Business/investment

( d)Cost or other Basis for depreciation

7--

(g )Method/

( h)Depreciation Elected

vehicles first) service use basis (business /investment p Convention deduction section 179percentage use only) 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 ( see instructions ) . . . . . . . . 25

26 Property used more than 50% in a qualified business use:

S/L-

S/L -

S/L -

28 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1 . . . . . . . . . . . . . . 28

29 Add amounts in column (i), line 26. Enter here and on line 7, page 1 29

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 for those vehicles.

30 Total business/investment miles drivendurin the ear (do not include commutin

(a)

Vehicle 1(b)

Vehicle 2

(c)

Vehicle 3

(d)Vehicle 4

(e)

Vehicle 5

(f)

Vehicle 6g gy

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 Yes No Yes No Yes No Yes No Yes No Yes No

use 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% owners or related persons (see instructions).

37 Do you maintain a written policy statement that prohibits all personal use of vehicles , including commuting, Yes No

by your 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? (See instructions .) , , , , , , , , , , , , , , , ,Note: If your answer to 37, 38, 39, 40, or 41 is "Yes," do not complete Section B for the covered vehicles.

Amortization

(b) (c) (d) (e) (f)(a)

Date amortization Amortizable CodeAmortization

Amortization forDescription of costs

begins amount sectionperiod or this year

percentage

42 Amortization of costs that begins during your 2007 tax year (see instructions):

43 Amortization of costs that began before your 2007 tax year ._______________________

44 Total. Add amounts in column (f). See the instructions for where to report . . . . . . . . . . . . . . . . . . . . .

7F0932 1 000 Form 4562 (2007)

RL9296 553R 12/12 /2008 12:57: 39 100168 49 -

27 Property used 50% or less in a qualified business use:

-.11 nnrnm * mrnv , nA ca 2007 43-6797334u 07 V 1l1l1111 rVVl•u VLI lvvlvv

Description of Property

RT 1 BOX 343 BUTLER MO 64730 BATESDEPRECIATION

Asset descri ption

Dateplaced inservice

UnadjustedCost

or basisBus.%

179 exp .reductionin basis

BasisReduction

Basis fordep reciation

BeginningAccumulatedde reciation

EndingAccumulateddep reciation

Me-thnd Cony Life

ACRSclass

MACRSclass

Current-year179

expenseCurrent-yearde p reciation

RT 1 BOX 343 , BUTL 03 / 02 / 2007 26 , 000. 00.000 26 , 000. 827. SL MM 7.500 27.5 827.

Less : Retired Assets

Subtotals . 26 , 000. 26 , 000. 827. 827.

Listed Pro pe rty

Less - Retired Assets

...............Subtotals

TOTALS . . . . . . ... . . . . . . . . 26 , 000. 26 , 000. 827. 827.

AMORTIZATION

Asset descri ption


Costor

basisAccumulatedamortization

EndingAccumulatedamortization Code Life

Current-yearamortization

TOTALS .

•Assets RetiredJSA7X9024 1 000

- RL9296 553R 12/12/2008 12:57.39 100168 50

r n r nxurrv enrnrnxmrnv innico 2007 43-6797334

Description of Property

DEPRECIATION

Asset descri ption


UnadjustedCost

or basisBus.%

179 exp .reductionin basis

BasisReduction

Basis fordep reciation

BeginningAccumulateddepreciation

EndingAccumulateddepreciation

Me-thnd Conv . Life

ACRSclass

MACRSclass

Current-year179

expenseCurrent-yearde p reciation

2001 DODGE PICK-UP 11/20/2000 26 , 800. 85.000 22 780. 19 , 574. 22 , 002. 1500 M 7 2 , 428.

1997 POLARIS 1 0 / 20 / 2000 3 , 500. 85.000 2 , 975. 2 , 667. 2 , 895. 1500 M 7 228.

JOHN DEERE MOWER 05 / 02 / 2000 7,500. 85.000 6 , 375. 6,333. 6,375. 150D M 7 42.

CHIPPER MACHINE 10 / 25 / 2001 2 , 375. 85.000 606. 1 , 413. 1 , 150. 1 , 323. 1500 M 7 173.

ARTIC CAT ATV 01 / 31 / 2002 5 , 800. 85.000 1 , 479. 3 , 451. 2 , 679. 3 , 100. 1500 M 7 421.

TRAILOR 06 / 01 / 2002 696. 100.000 209. 487. 286. 346. 15001 HY 7 60.

JOHN DEERE TRACTOR 02 / 13 / 2003 8,250. 100.000 2 , 475. 1 5 , 775. 4.037. 4 , 744. 1500 HY 7 707.

Less: Retired Assets

Subtotals . 54 , 921. 4 , 769. 1 43 , 256. 36 , 726. 40 , 785. 4 , 05 9.

Listed Pro pe rty

Less : Retired Assets

.................Subtotals

::TOTALS .................. 54 , 921. 4 , 769. 1 43 , 256. 36 , 726. 785 .40 4 , 059.

AMORTIZATION

Asset descri ption


Costor

basisAccumulatedamortization

EndingAccumulatedamortization Code Life

Current-yearamortization

TOTALS .

*Assets RetiredJSA7X9024 1 000

- R1,92.96 S93R 12/12/9008 12.57:39 100168 47

$ a 4 ,.

J S J Family Foundation

EIN: 43-6797334

STATEMENT I

Attachment to Form 4720-Question BCorrective Action

On or about March 12, 1998, the JSJ Family Foundation (the "Foundation") agreed to

move the storage of certain Foundation property to Highlights Storage. This is reflected

in the minutes dated March 12, 1998. The Trustees of the Foundation at that time were

James Wilson ("James"), Helen Kling ("Helen"), Robert Seelinger ("Robert") and UMB

Bank, n.a. ("UMB"). According to the March 12 minutes, James and Helen were present

at the meeting, Robert arrived late and UMB was not present. Payments to Highlights

began in May of 1998.

While Helen and Deborah Casolari ("Debbie"), who became the successor Trustee to

Robert on or about September 6, 2001) were aware that Highlights was owned by

Melissa and Paul Phillips (Melissa is the daughter of Helen and sister of Debbie), they

were not aware that the actions constituted self-dealing. It is unclear if UMB was aware

of the ownership of Highlights prior to 2007 as neither the minutes of the Foundation

(March 12 or otherwise) nor the trust files contain any information regarding the

ownership of Highlights Storage and the officer that was assigned to the account in 1998

is no longer with UMB.

The current UMB trust officer assigned to the account learned of the ownership in

Highlights on or around September of 2007. A letter was prepared and sent to all of the

Trustees on October 9, 2007 informing the Trustees of UMB's belief that the actions

constituted self-dealing. All payments to Highlights were immediately stopped.

However, one subsequent payment from petty cash was made to Highlights after that date

but was made without the authorization of the Trustees. While the Foundation continues

to store items at Highlights, the Foundation is no longer paying any rent (although on the

advice of counsel for the Foundation, the Foundation does continue to pay its share of

pro-rata utilities on the space). Plans are currently being made to move all of the items

out of Highlights and this is expected to be completed in the first part of 2009.

The Trustees have hired an attorney for the Foundation to advise the Foundation on the

proper handling of the payments to Highlights. The attorney for the Foundation has

advised that in order to complete the corrective action, the money that has been paid to

Highlights should be returned by Highlights to the Foundation. This was communicated

to the Trustees and it was agreed that Debbie would communicate this to Melissa and

Paul Phillips. As of the date of this return, the money has not been returned to the

Foundation. The records for the Foundation indicate that the total payments made to

Highlights from the day the Foundation received its exempt status until the payments of

rents stopped in 2009 totaled $31,300.00.

F.,. 8'868 Application for Extension of Time To File an

(Rev April 2008 ) Exempt Organization Return OMB No 1545-1709Department of the TreasuryInterhal Revenue Service ► File a separate application for each return.

• If you are filing for an Automatic 3-Month Extension , complete only Part I and check this box , , , , , , ► X• If you are filing for an Additional ( Not Automatic ) 3-Month Extension, complete only Part II (on page 2 of this form).Do not complete Part 11 unless you have already been granted an automatic 3-month extension on a previously filed Form 8868.

Automatic 3-Month Extension of Time . Only submit original (no copies needed).

A corporation required to file Form 990-T and requesting an automatic 6-month extension - check this box and complete qPart Ionly .................................................................

All other corporations (including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension oftime to file income tax returns.

Electronic Filing (e-file). Generally, you can electronically file Form 8868 if you want a 3-month automatic extension of time to fileone of the returns noted below (6 months for a corporation required to file Form 990-T). However, you cannot file Form 8868electronically if (1) you want the additional (not automatic) 3-month extension or (2) you file Forms 990-BL, 6069, or 8870, groupreturns, or a composite or consolidated From 990-T. Instead, you must submit the fully completed and signed page 2 (Part II) of Form8868 . For more details on the electronic filing of this form, visit www.irs.gov/efileand click on e-file for Charities & Nonprofits.

Type or Name of Exempt Organization Employer identification number

print J S J FAMILY FOUNDATION 100168 43-6797334

File by the Number, street , and room or suite no. If a P.O. box , see instructions.

due date for UMB BANK, P. 0. BOX 419692 M/S 1020305filingyourreturn Seeinstructions

City, town or post office , state , and ZIP code . For a foreign address , see instructions.

KANSAS CITY, MO 64141-6692Check type of return to be filed (file a se arate application for each return):

Form 990 Form 990-T (corporation) Form 4720

Form 990-BL Form 990-T (sec. 401(a) or 408(a) trust) Form 5227

Form 990-EZ Form 990-T (trust other than above) Form 6069

X Form 990-PF Form 1041-A Form 8870

• The books are in the care of ► UMB BANK, N.A.

Telephone No. ► (816 ) 860-7711 FAX No. ►

• If the organization does not have an office or place of business in the United States, check this box ► F]• If this is for a Group Return , enter the organization ' s four digit Group Exemption Number (GEN) . If this is

for the whole group, check this box ► . If it is for part of the group, check this box ► and attach a list with the

names and EINs of all members the extension will cover.

1 I request an automatic 3-month ( 6 months for a corporation required to file Form 990-T) extension of timeuntil 09 /15,2008 to file the exempt organization return for the organization named above . The extension is

for the organization ' s return for:

► calendar year or

► X tax year beginning 02/0 1, 2007 , and ending 01/3 1, 2008

2 If this tax year is for less than 12 months, check reason : 0 Initial return E] Final return El Change in accounting period

3a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any

nonrefundable credits. See instructions. 3a $ 5 , 826.b If this application is for Form 990-PF or 990-T, enter any refundable credits and estimated tax payments

made. Include any prior year overpayment allowed as a credit. 3b $ 2 , 264.c Balance Due. Subtract line 3b from line 3a. Include your payment with this form, or, if required, deposit

with FTD coupon or, if required, by using EFTPS (Electronic Federal Tax Payment System). See

instructions. 3c $ 3 , 562.

Caution . If you are going to make an electronic fund withdrawal with this Form 8868, see Form 8453-EO and Form 8879-EO

for payment instructions.

For Privacy Act and Paperwork Reduction Act Notice, see Instructions . Form 8868 (Rev. 4-2008)

JSA7F8054 2 000

RL9296 553R 06/11/2008 15:07:16 100168 1 +

Form 8868 (Rev 4.2008) Page 2

• If you are filing for an Additional ( Not Automatic) 3-Month Extension , complete only Part II and check this box . . . . . . .. ►UNote. Only complete Part II if you have already been granted an automatic 3-month extension on a previously filed Form 8868.• If you are filin g for an Automatic 3-Month Extension, complete only Part I (on pa g e 1).90,711111 Additional ( Not Automatic) 3-Month Extension of Time. You must file ori g inal and one co py .

Name of Exempt Organization Employer identification numberType orprint J S J FAMILY FOUNDATION 100168 43-6797334

File by the Number, street, and room or suite no . If a P.O. box, see instructions. For IRS use onlyextend eddue date for UMB BANK P. 0. BOX 419692 M / S 1020305filing the City, town or post office , state , and ZIP code. For a foreign address, see instructions. -return Seeinstructions KANSAS CITY , MO 64141-6692 ^,.

Check type of return to be filed (File a separate application for each return):Form 990 X Form 990-PF Form 1041-A q Form 6069

Form 990-BL Form 990-T (sec. 401(a) or 408(a) trust) Form 4720 Form 8870

Form 990-EZ Form 990-T (trust other than above ) Form 5227STOP! Do not complete Part 11 if you were not already granted an automatic 3-month extension on a previously filed Form 8868.

• The books are in the care of ► UMB BANK, N. A.

Telephone No. ► (816) 860-7711 FAX No. ►• If the organization does not have an office or place of business in the United States, check this box .. .. . . . . . . . .. . . ►q

• If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this isfor the whole group, check this box . . . No- F-1 . If it is for part of the group, check this box , . . ► and attach a

4 I request an additional 3-month extension of time until 12/15/2008

5 For calendar year , or other tax year beginning 02 / 01 / 2007 and ending 01 31 2008 ,6 If this tax year is for less than 12 months, check reason: Initial return Final return Change in accounting period

7 State in detail why you need the extension ADDITIONAL TIME IS REQUIRED TO OBTAIN

INFORMATION NECESSARY TO PREPARE ANACCURATE AND COMPLETE RETURN.

8a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less anynonrefundable credits. See instructions. 8a $ 6 , 797.

b If this application is for Form 990-PF, 990-T, 4720, or 6069, enter any refundable credits and estimated

tax payments made. Include any prior year overpayment allowed as a credit and any amount paid

p reviously with Form 8868. 8b $ 5 , 826.

c Balance Due. Subtract line 8b from line 8a . Include your payment with this form, or, if required, deposit

with FTD coupon or, if required, by using EFTPS (Electronic Federal Tax Payment System). Seeinstructions. Sc $ 971.

Signature and VerificationUnder penalties of perjury, I declare that I have examined this form , including accompanying schedules and statements , and to the best of my knowledge and belief,

it is true , correct , and complete , and that I am authorized to prepare this form.

Signature ► Title ► Date ►Form 88 68 (Rev . 4-2008)

THOMSON REUTERS (TAX & ACCOUNTING)

ONE NORTH DEARBORN ST., 5TH FLOOR

CHICAGO, IL 60602

COPY

JSA

7F8055 2 000

RL9296 553R 09/11/2008 14:07:07 100168 1 +

UMM P 0 Box 419692

Original Face Asset Desrnpuon

U- •CS00 06I ] 1S101101t1i ] f1" E01UM8P CUSluMRSTMT000000U00010 3UMBSTMT ,00162 MSET,MC

Kansas City, MO 64141-7014

Statement of Investment Position

l,tuts

Equity Securities

Common Stock

650 Adobe Systems Inc

ADBE 00724F101

590 Aetna Inc NewAET 00817Y108

470 AFLAC IncAFL 001055102

375 American International Group IncAIG 026874107

325 AT & T IncT 00206R102

300 Antodesk IncADSK 052769106

180 Caterpillar Inc DelCAT 149123101

350 Cerner Corp

CERN 156782104

995 Cisco Systems IncCSCO 11275R102

405 Coca Cola CoKO 191216100

235 ConocoPhillips

COP 208250104

. 345 Covance IncCVD 222816100

.Account Title JSJ Family Foundation 3

Account Number 100168

Cost Basis Market Value % of Estimated Market

Total Unit Total Price Account Annual Income Yield

20,302 06 31 23 22,704 50 34 93 0 65%

30,441 85 51 60 31,423 40 53 26 0 9100 23 600 08

25,948 37 55 21 28,712 30 61 09 0 83% 451 20

1 57

21,418 89 57 12 20,613 75 54 97 0 59% 300 001 46

12,359 49 38 03 12,509 25 38 49 0 36% 520 004 16

13,713 78 45 71 12,345 00 41 15 0 36% 18 00

0 15

14,065 20 78 14 12,778 20 70 99 0 37% 259 20

2 03

18,676 21 53 36 18,340 00 52 40 0 53%

24,497 95 24 62 24,377 50 24 50 0 70%,

22,004 10 54 33 23,895 00 59 00 0 69% 550 802 31

8,511 10 36 22 18, 825 85 80 11 0 54% 385 40

2 05

17,239 10 49 97 28,638 45 83 01 0 83%

5297X5

Ac.ount Title JSJ Family FoundationUMB Bank, n a.U P O Box 419692IVIB Account Number 100168Kansas City,1MO 64141-7014

Statement of Investment Position (continued)Units Cost Basis Market Value % of Estunated Market

Original Face Asset Descnption Total Unit Total Price Account Annual Income Yield

530 CVS Caremark Corpoiation 19,911 90 37 57 20,622 30 38 91 0 59% 127 20CVS 126650100 0 62

385 Danaher Corp Del 22,493 22 58 42 28,859 60 74 96 0 83% 46 20DHR 235851102 0 16

310 Deere & Company 15,052 51 48 56 27,143 60 87 56 0 78% 310 00DE 244199105 1 14

475 Dell Inc 13,539 32 28 50 9,519 00 20 04 0 27%DELL 24702R101 -

340 Devon Energy Corp New 28,932 77 85 10 28,917 00 85 05 0 83% 190 40DVN 25179M 103 0 66

425 Disney Walt Co 8,638 83 20 33 12,682 00 29 84 0 37% 148 75DIS 254687106 1 17

180 DST Systems Inc 8,189 39 45 50 12,870 00 71 50 0 37%DST 233326107

280 Du Pont E I De Nemours & Co 14,075 56 50 27 12,650 40 45 18 0 36% 459 20DD 263534109 3 63

495 Emerson Electric Co 12,162 01 24 57 25,136 10 50 78 0 72% 594 00EMR 291011104 2 36

100 Entergy Corp New 12,081 44 120 81 10,818 00 108 18 0 31% 300 00ETR 29364G 103 2 77

675 Ericsson LM Telephone Co ADR 23,347 50 34 59 15,336 00 22 72 0 44% 347 63Sponsored ADR repstg 10 Ser B shs 2 27

ERIC 294821608

255 Exelon Corp 17,800 19 69 80 19,405 50 76 10 0 56% 510 00EXC 30161N101 2 63

" • 615 Exxon Mobd Corp 16,837 29 27 38 53,136 00 86 40 1 53% 861 00XOM 3023113102 1 62

UMB 10500 . 0478 ,OI I 0]M0 32 1.1 (0IUMN i CUSTUMISTMT00000D0000 10IU M SSTMT INIIU MSETINC

4 s I

L;,l

UMB Bank, n aU P O Box 419b92IVIBKansas City, MO 64141-7014

Statement of Investment Position (continued)

Units Cost Basis

Original face Asset Description Total

270 Garmin Ltd 7,291 05

GRMN 037260109

765 General Electric Co 27,325 80GE 369604103

665 Gilead Sciences Inc 25,777 64

GILD 375558103

100 Goldman Sachs Group Inc 19,536 40

GS 38141G104

40 Google Inc 19,034 71Class AGOOG 38259P508

490 Harris Corp Del 25,792 62HRS 413875105

290 Heinz H J Co 13,243 89HNZ 423074103

300 Johnson & Johnson 20,441 58

JNJ 478160104

285 Lincoln National Corp 11,630 85LNC 534187109

240 Marathon Oil Corp 11,127 09MRO 565849106

Account Cttlc JSJ Family Foundation

ALcuunt Number 100168

Market Value % of Estuneted Market

Unit Total Pnce Account Annual Income Yield

27 00 19,480 50 72 15 0 56% 202 50

1 04

35 72 27,050 40 35 36 0 78% 94B 603 51

38 76 30,383 85 45 69 0 88%

195 36 19,955 00 199 55 0 57% 140 00

0 70

415 87 22,572 00 564 30 0 65%

52 64 26,754 00 54 60 0 77% 294 00

45 67 12,348 20 42 58 0 36% 440 80

68 14 18,942 00 63 14 0 55% 498 00

40 81 15,444 15 54 19 0 44% 473 10

46 36 11,296 80 47 07 0 33% 230 40

500 McDonalds Corp 19,660 39 39 32 26,790 00 53 58 0 77% 750 00

MCD 580135101

850 Microsoft Corp 24,873 78 29 26 27,710 00 32 60 0 80% 374 00

MSFT 594918104

105 Monsanto Co New 6,390 82 60 86 11,716 95 111 59 0 34% 73 50

MON 61166W101

U' 0 10500. 06 )} SSr01103141 11 117 F0111M9I I CUSTUMKTMT0000000000 107UM057MT 100162 MSFT INC

1 10

3 57

2 63

3 06

5

--- ;* ^,4

2 04

2 80

1 35

0 63

Yd Y

579786

UIVIB

tMB Bank, n aP O Box 419692Kansas City, MO 64141-7014

Statement of Investment Position (continued)Units Cost Basis

Onginal Face Asset Descnpuon Total

225 Morgan Stanley Co 10,468 71MS 617446448

350 Newmont Mining Corp 19,788 51NEM 651639106

Unit Total

46 53 11,101 50

56 54 18,987 50

% of Estimated Market

Pnce Account AnnualInLome Yield

49 34 0 32% 243 00

2 19

54 25 0 55% 140 00

c

0 74

420 Noble Corp 16,779 65 39 95 18,345 60 43 68 0 53% 67 20NE G65422100

0 37

625 Nokia Corp - ADR 13,568 75 21 71 23,212 50 37 14 0 67% 260 00One ADR repstg t Share 1 12NOK 654902204

385 Northern Trust Corp 16,799 40 43 63 28,243 60 73 36 0 81% 431 20NTRS 665859104 1 53

565 Pepsico Inc 21,635 77 38 29 38,448 25 68 05 1 11% 847 50PEP 713448108 2 20

230 Praxair Inc 15,246 16 66 29 18,561 00 80 70 0 53% 276 00PX 74005P104 1 49

565 Procter & Gamble Co 31,547 48 55 84 36,962 30 65 42 1 06%b 791 00PG 742718109 2 14

845 Schering Plough Corp 20,594 50 24 37 16,502 85 19 53 0 48% 219 70S G P 806605101 1 33

315 Schlu m Berger Ltd 21,567 40 68 47 23,751 00 75 40 0 68% 220 50SLB 806857108 0 93

700 Schwab Charles Corp New 16,469 60 23 53 15,610 00 22 30 0 45% 140 00SCHW 808513105 0 90

575 Staples Inc 14,504 37 25 22 13,765 50 23 94 0 40% 166 75SPLS 855030102 1 21

. 345 State Street Corp 14,626 55 42 40 28,331 40 82 12 0 82% 317 40STT 857477103 1 12

U'0 -0600.067265 1 0I103W2321 3 EDIUMSP I CUSTUM 5,MT0000000000i011.6BS+MT 100166 -SE *n¢

Account Title JSJ Family Foundation


Market Valu

F; ^.e* v. 5

^.p h

6 hi

Account Tide JSJ Family Foundation

UIV1B

UMB Bank, n.a.P O Box 419692 Account Number 100168Kansas City, b1C 64141-7014

Statement of Investment Position (continued)Units Cost Basis Market Value

Original Face Asset Descnpuon Total Urut Total Price

400 Toronto Dominion Bank 26,556 66 66 39 27,080 00 67 70

TO 891160509

425 United Technologies Corp 7,560 35 17 79 31,139 75 73 27UTX 913017109

450 Wyeth 23,950 12 53 22 17,851 50 39 67

WYE 983024100

Total Common Stock 966,030.63 1 , 170,596.80

Equity Funds

517 388 Baron Funds 31,416 06 60 72 30,613 85 59 17Asset FundBARAX 068278100

1963 944 Dodge & Cox Funds 94,771 14 48 26 83,094 47 42 31

Inteinational Stock FundDODFX 256206103

1215 Ishares Tr 92,727 75 76 32 97,309 35 80 09S&P Mtdcap 400 Index FundIJH 464287507

137 (shares Tr 9,017 34 65 82 8,426 87 61 51

S&P Small Cap 600 Index FundIJR 464287804

485 (shares Tr 58,045 20 119 68 61,265 20 126 32

S&P Smlcp 600/Barra Growth Index I'dIJT 464287887

9960 759 UMB Scout International Fund 253,863 02 25 49 345,837 55 34 72

UMBWX 904199403

1441 714 UMB Scout Small Cap Fund 24,280 42 16 84 22,735 83 15 77

• UMBHX 904199700

Total Equity Funds 564 , 120.93 649 , 283.12

UMB 10700 -2557011 01913 3 2 1 94 EUIUMSPI CUSTUMBSTMT0000000000I03UMBSTMT 100I6I MSET INC

OA, of Estimated Market

Account Annual income Yield

0 78% 924 803 42

0 90°0 544 00

1 75

0 51% 504 00

2 82

7

33.73% 16, 920.53 1.45

0 88% ^'.•I

d2 39% 1,109 63 ri1 34

hl

'• •

2 80% 1,306 13 .. -,1 34 It

0 24% 104 94 :A

1 25

1 77% 250 75041

9 96% 4 ,591 91

1 33

0 66% 59 11 a0 26

. ,1-F 3

_,.,

18.71% 7,422 . 47 1.14

^^~ 1529786 •

Account Title JSJ Family FoundationtMB Bank, n a.P 0 Box419692IJIVIB Account Number 100168Kansas City, MO 64141-7014

Statement of Investment Position (continued)Uruts Cost Basis Market Va l ue ^T of Fsumated Market

Original Face Asset Description Total Unit Total Price Account Annual Income Yield

Total Equity Securities 1,530,151 56 1,819,879 92 52 44% 24,343 00 1 34

Fixed Income Securities

Gov't & Agency Bonds

50000 Fed Home Ln Mtg Corp MTN 49,200 00 0 98 53,531 50 107 06 1 54% 2,500 00

DID 1/30/2004 5 000% 1/30/2014 4 67AAA 3128X2TM7

50000 Federal Farm Cr Bks 52,483 00 1 05 57,062 50 114 13 1 64% 3,062 50DID 12129/2000 6 125% 12/29/2015 5 37AAA 31331H51_7

100000 Federal Home Ln Mtg Corp Orp 96,165 00 0 96 106,250 00 106 25 3 06% 6,625 00DTD 9/16/1999 6 625% 9/15/2009 6 24AAA 3134A3M78

100000 Federal Home Loan Bank 101,540 90 1 02 107,000 00 107 00 3 08% 5,250 00

DTD 5/3/2006 5 250% 6/10/2011 4 91

AAA 3133XFJY3

50000 Federal Home Loan Mortgage Corp 51,175 00 1 02 53,765 50 107 53 1 55% 2,625 00

DTD 4/13/2006 5 250% 4/18/2016 4 88

AAA 3137EAAD1

50000 Federal Home Loan Mortgage Corp MTN 49,882 81 1 00 50,071 50 100 14 1 44% 2,812 50

DTD 2/22/2006 5 625% 2122/2016 5 62

AAA 3128X4H87

150000 Federal Nall Mtg Assn N 147,469 27 0 98 150,375 00 100 25 4 33% 4,875 00

DTD 7/25/2003 3 250% 8/15/2008 3 24

AAA 31359MS07

35000 Government National Mortgage Assn 34,477 74 0 99 35,527 90 101 51 1 02% 1,797 95

DTD 8/1/2003 5 1370% 12/16/2036 5 06

Series 2003-72 Class D

38374BQ09

UMB -10 700 06726570110 1 04432 Info IUMB't rUSTUM as 1M70000000000103UM8STMT 100166 MSET INC

8

^T.

A

k.

po^

Account Title JSJ Family FoundationUMB

UMBRank,naP 0 Box 419692 Account Number 100168Kansas City, MO 64141-7014


Original Face Asset Descnpuon Total Unit Total

17630 607 Govt National Mig Assn 17,575 53 1 00 17,911 59

25000 DTD 10/1/2005 5 0000% 10/15/202036201VZ96Pool # 594868

26944 96 Govt National Mtg Assn 27,584 88 1 02 27,576 48

125000 DTO 3/1/2002 5 5000% 3/20/201736202DR45Pool it 003207

31318 7772 Govt National Mty Assn II 32,121 32 1 03 32,052 81120000 DTD 12/1/2002 5 5000% 12/20/2017

36202DVF5

Pool A 003314

42985 509 Govt National Mtg Assn II 42,622 81 0 99 43,932 5350000 DTD 5/1/2006 5 5000% 5/20/2021

36202EHXOPool # 3846

50000 United States Treas Nts 49,714 84 0 99 52,765 50

DID 11/15/2002 4 000% 11/15/2012

AAA 912828AP5

Price

101 59

102 34

102 34

102 20

105 53

50000 United States Treas NtsDTD 8/15/2002 4 375% 8/15,12012AAA 912828AJ9

50,970 71 1 02 53,543 00 107 09

50000 United States Treasury Notes

DTD 8/15/2005 4 250% 8/15/2015

AAA 912828EE6

Total Gov't & Agency Bonds

Total Fixed Income Securities

UM9 IOE^,I OA1M5 ) OII OISAS I ) IN f0+UM6PI CI, 7UMYSTMT000COOOOOO,O ] UMBSTMTI^U IEE MSETINC

50,265 63 1 01 52,886 50 105 77

853,249.44 894 ,252.31

853,249 44 894,252 31

Market Value % of Eatunated Market

Account Annual Income Yield

0 52% 881 53

4 92

0 79% 1,481 97

5 37

0 92% 1,722 53

9

T$^

stir ..

537

1 27% 2,364 20

538

1 52% 2,000 00 - -- h; ,^

3 79

1 54% 2,187 50

4 09

1 52% 2,125 00

4 02

25 77% 42,310.68 4.73

25 77014 42,310 68 4 73

529766 ' - Tl +-

Acconnt Title JSJ Family FoundationUMB Bank n.e.UMMP O Box 419692 account Number 100168Kansas City, N10 64141-7014

Statement of Investment Position (continued)Units Cost Basis Market Value % of Ecumated Market

Original Face Asset Description Total Unit Total Price Account Annual Income YieldCash & Equivalents

Money Market Funds

266493 23 Fidelity Money Market Fund #59 266,493 23 1 00 266,493 23 1 00 7 68°i° 11,295 01316175207 4 24

Total Money Market Funds 266, 493.23 266, 493 . 23 7.68% 11, 295.01 4.24

Cash

Cash 1 00 0 00%

Total Cash 0.00%

Total Cash & Equivalents 266,493 23 266,493 23 7 68% 11,295 01 4 24

Miscellaneous

Real Estate

1 Rt 1 Box 343 Butler MO 64730 Bates 640,000 00 640,000 00 640,000 00 640,000 00 18 44%

County E/2 NE/4 of Sec 8 N/2 of Sec

9 NW/4 of Sec 10 in T40R30containing 320 acres m/IRE5022045

SE Qtr of Sec 5 & SW Qtr Of Sec 4, 169,399 00 169,399 00 231 , 890 00 231,890 00 6 68%All Township 40 of Range 30 In BatesCo, MO (Butler Faim)

RE5005070

Total Real Estate 809,399.00 871 , 890.00 25.12%

U++B •0100 O170S'0^i 01aY32190 EO ^U^+B^^CUSTUMBSTMT0000000000^0]UMBSTMT100111 MSET NC

10

UMB Bank, n a.P O Box 419692UIVIBKansas City, N10 64141-7014

Statement of Investment Position (continued)

Units Cost Bast!

Original Face Asset Description Total

Miscellaneous - Other

14k White Gold Chain 25 00MAN 118520

2 10 Ct Diamond Ring W!22 Small 3,000 00

Round Diamond Chips and Six 6

Baguette Diamonds 2 10 Ct Stone Has

An Inclusion In ItMAN 118504

Farm Equipment 72,000 002 generators, 1 16' trailer, 2 4 wheeler

2 trucks, I hay bailer, 2 tractors, 2mowers, 1 disc, 2 farm wagons, 1 brushcutter 10', 1 buggy- no evidenceMA0000040

Ladies Pendant Hunting Case 50 00Type Watch Gold Plated and

Engraved W/gold Plated ChainMAN 118538

.Account Tttle JSJ Family Foundation


Market Value 9o of Estunated Market

Account Annual Income Yicld

0 00%

0 09%

Unit Total Pnce

25 00 25 00 25 00

3,000 00 3,000 00 3,000 00

72,000 00 72,000 00 72,000 00 2 07%

50 00 50 00 50 00 0 00%

1 Ruth Rubel Jones 134,305 00 134,305 00 134,305 00 134,305 00Personal Household Furnishings

(as Described By Lee Stillwell,

Appraiser, Dated 1-20-1998)

MAN017011

1 Small Band Ring W/16 Round 50 00 50 00Chips and 8 Small BaguetteDiamonds

MAN118512

Total Miscellaneous - Other 209 , 430.00

Total Miscellaneous 1 018,829 00

UMB 10900 - 007'65 1 0f1039413 7 196 E01U.91'CUSTUM850M0000000n00010 3UMBSTMT.00166 MSETINC

3 87%

50 00 50 00 0 00%

209,430 . 00 6.03%

1,081,320 00 31 16%

11

529786

UME3BaP0nk n aP 0 Bux41

Kansas City, MO 64141-7014


Onginal 1-ace Asset Desrnpnon Total

Liabilities

Liabilities

591275 32 Note payable to First Tennessee (591,275 32)

$615,313 79 0 6 4% $5 , 361 86 P/I

beg 4/ 1/07 Final pmt due 3/1/2012

L11518933

Total Liabilities ( 591,275.32)

Total Liabilities

Total Assets

Account Total

(591 215 32)

3,071,447 91

3.071.447 91

4ttt,ttttt 1'ulr

Auuunt Number

JSJ Family Foundation

100168

Market Value

Unit Total Price

1 00 (591,275 32)

( 591,275.32)

1591,275 32)

3,470,670 14

3.470.670 14

1 00

% of Estimated Market

Account AnnualIncomc held

(17 041%

(17.04)%

7 04)"""

100 00"x" 71.948 69 2 25

12

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