Use the IRS /W L.P. SCHENCK CHARITABLE Otherwise, C/O PNC...

f

Form 990-PF Return of Private Foundationor Section 4947(a)(1) Nonexempt Charitable Trust

Department of the TreasuryTreated as a Private Foundation

Internal Revenue Service Note . The foundation may be able to use a copy of this return to satisfy state reporting requirements.

OMB No 1545-0052

2009

r

ti

a1c-3

LiJLL

For calendar year 2009 , or tax year beginning SEP 1 , 2009 , and ending AUG 31 , 2010

G Check all that apply. Initial return 0 Initial return of a former public charity Final return

n Amended return n Address chance n Name chance

Use the IRSlabel

Otherwise,

Name of foundation

/W L.P. SCHENCK CHARITABLE

C /O PNC BANK N. A. - TRUSTEE

A Employer identification number

22-6040581print

ortype .Number and street (or P O box number if mail is not delivered to street address)

1600 MARKET STREET - TAX DEPARTMENT

Room/suite B Telephone number

( 215 ) 585-5597• See Specific

Înstructtons-n

City or town, state, and ZIP code

PHILADELPHIA , PA 19103-7240C If exemption application is pending , check here ►

D 1. Foreign organizations, check here

"4i Check type of organization: ® Section 501 exempt private foundation(c)(3)

Section 4947 ( a )( 1 ) nonexem pt charitable trust 0 Other taxable p rivate foundation

2. Foreign organizations meeting the 85% test, ►check here and attach computation

v t f nd t t tE If t t dCi^jlàir market value of all assets at end of year

(from Part 11, col (c), line 16)cwt$ 9 10 6 7 7 0 .

J Accounting method: ® Cash 0 Accrual

Other (specify)

(Part 1, column (d) must be on cash basis.)

us waspri a e ou a ion s a ermina eunder section 507(b)(1)(A), check here ►

F If the foundation is Ina 60-month terminationunder section 507 ( b )( 1 ) B check here loo,

J^Partl Analysis of Revenue and Expenses(rhe total of amounts in columns (b) (c), and (d) may notnecessarily equal the amounts in column (a))

(a) Revenue andexpenses p er books

(b ) Net investmentincome

(c) Adjusted netincome

Disbursements( d )for charitable purposes

(cash basis only)

1 Contributions, gifts, grants, etc., received N/A

2 (the ioundahon is not required to attach Sch B

Interest on savings and temporary3 cash investments

4 Dividends and interest from securities 229 , 609 . 229 , 609. STATEMENT 15a Gross rents

b Net rental income or (loss)

6a Net gain or Qoss) from sale of assets not on line 10 690 , 306.7=

Gross sales price for allb assets on line Be 4,192,440.

7 Capital gain net income (from Part IV, line 2) 690 , 306.cc 8 Net short-term capital gain

9 Income modificationsGross sales less returns

10a and allowances

b Less Cost of goods sold

c Gross profit or (loss)

11 Other income

12 Total Add lines 1 throu g h 11 919 915. 919 , 915.13 Compensation of officers, directors , trustees , etc 82 , 188. 61 , 641. 20 , 547.14 Other employee salaries and wages

15 Pension plans, employee benefitsN

16a Legal fees

STMT 2 7 0 0. 0. 7 0 0.c rXJo'1fa ffe1)

1 Interest co

T 2019 Q STMT 3 <7 , 467. > 104. 0.Depreciation and depletion

2 ccu nc p ' 1

21 ^ 1têrUFJaUmeetln s

22Prlhtingandpublications

0 23 Other expenses STMT 4 50. 50. 0.m

.24 Total operating and administrative

expenses . Add lines 13 through 23 75 , 471. 61 , 795. 21 , 247.0 25 Contributions, gifts, grants paid 478 , 910. 478 , 910.

26 Total expenses and disbursements

Add lines 24 and 25 554 381. 61 , 795. 500 157.27 Subtract line 26 from line 12:

a Excess of revenue over expenses and disbursements 365 , 534.b Net investment income (if negative, enter -0-) 858 , 120.c Ad usted net income (if negative, enter -0-) N / A

vmJJU1

02-02-10 LHA For Privacy Act and Paperwork Reduction Act Notice, see the instructions Form 990-PF (2009)

T/W L.P. SCHENCK CHARITABLEFnrm 99f1-PF (20091 0/n DM(` RAMW NA _ - TRTTGTFF- 22-FnanSR1 Paae2

e Sheets A^chedschedulesandamounts inthedescnptionBal

Begi nning of year End of yearPart anc11 column should be for end -o f-year amounts only l(a) Book Value (b) Book Valu e (c) Fair Market Va ue

1 Cash - non-interest-bearing <166. >2 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

7 Other notes and loans receivable ►

Less: allowance for doubtful accounts ►0 8 Inventories for sale or use

NN

9 Prepaid expenses and deferred charges

10a Investments - U.S. and state government obligations STMT 5 904 , 453. 904 , 453. 937 749.b Investments - corporate stock STMT 6 4 , 064 , 340. 4 012 , 752. 4 442 , 719.c Investments - corporate bonds STMT 7 892 , 586. 593 , 651. 620 , 069.

11 Investments - land, buildings , and equipment basis ►

Less accumulated depreciation ►

12 Investments - mortgage loans

13 Investments - other STMT 8 2 3 28 , 153 . 3 16 , 69g. - 3 1 106 1 233.14 Land, buildings, and equipment basis ►

Less accumulated depreciation ►

15 Other assets (describe ►

16 Total assets to be com p leted b y all filers 8 , 189 , 366. 8 1 527 , 555. 9 10 6 770.17 Accounts payable and accrued expenses

18 Grants payable

to 19 Deferred revenue

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

m 21 Mortgages and other notes payable

J 22 Other liabilities (describe ►

23 Total liabilities (add lines 17 throu g h 22 ) 0. 0.

Foundations that follow SFAS 117, check here ► 0and complete lines 24 through 26 and lines 30 and 31

N

24 Unrestricted

25 Temporarily restricted

m 26 Permanently restricted

Foundations that do not follow SFAS 117, check here ►LL30 and complete lines 27 through 31

y 27 Capital stock, trust principal, or current funds 8 , 189 , 366. 8 , 527 , 555.28 Paid-in or capital surplus, or land, bldg., and equipment fund 0. 0.

< 29 Retained earnings, accumulated income, endowment, or other funds 0. 0.

Z 30 Total net assets or fund balances 8 , 189 , 366. 8 1 527 , 555.

31 Total liabilities and net assets/fund balances 8 , 189 , 366. 1 8 , 527 , 555.

Part III Analysis of Changes in Net Assets or Fund Balances

1 Total net assets or fund balances at beginning of year - Part II, column (a), line 30

(must agree with end-of-year figure reported on prior year ' s return) 1 8 , 189 , 3662 Enter amount from Part I, line 27a 2 365 , .5343 Other increases not included in line 2 ( itemize) ► 3 0

4 Add lines 1, 2 , and 3 4 8 554 , 900 .5 Decreases not included in line 2 ( itemize ) ► ADJUSTMENT TO BOOK CARRYING VALUE 5 27 , 345.6 Total net assets or fund balances at end of year ( line 4 minus line 5) - Part II, column (b), line 30 6 8, 5 2 7 , 5 5 5 .

Form 990-PF (2009)92351102-02-10

T/W L.P. SCHENCK CHARITABLEForm 990-PF (2009) C / O PNC BANK N. A. - TRUSTEE 22-6040581 Part IV Capital Gains and Losses for Tax on Investment Income

a List and describe the kinds of sold real estate ,() () p rop e rty ( e .g.,2-story brick warehouse ; or common stock , 200 shs. MLC Co. )

( b 1 How acquiredP - PurchaseD - Donation

c ) Date acquired( (mo., day, yr.)d Date sold

( )(mo., day, yr.)

1a SEE ATTACHED GAIN / LOSS REPORT Pb SHORT TERM CAPITAL GAIN P 12/02/09

c LONG TERM CAPITAL GAIN P 12/31/09

d DIVIDEND / PARTIAL RETURN OF CAPITAL P 05/02/10

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 4 , 187 , 854. 3 , 502 , 134. 685 720.b 3 , 188. 3 , 188.c 1 , 171. 1 , 171.d 227. 227.e

Complete only for assets showing gain 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(j) Adjusted basisas of 12/31/69

(k) Excess of col. (i)over col. (1), if any

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

a 685 720.b 3 , 188.c 1 , 171.d 227.

e

2r If gain, also enter in Part I, line 7

Capital gain net income or (net capital loss) a If ( loss), enter -0- in Part I, line 71JV 2 690 , 306.

3

l

Net short-term capital gain or ( loss) as defined in sections 1222 ( 5) and (6):

If gain, also enter in Part I, line 8, column (c).

If ( loss ), enter -0 - in Part I line 8 3 N /APart V Qualification Under Section 4940 (e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period' 0 Yes ® No

If 'Yes , " the foundation does not qualify under section 4940 ( e). Do not complete this part.

1 Enter the appropriate amount in each column for each year ; see instructions before making any entries.

(a)Base p e rio d years

Calendar year ( o r taxx year beginning in

(b)Adjusted q uali fy in g distributions

(c)Net value of noncharitable - use assets

(d)Distribution ratio(col. (b)) divided by col. (c))

2008 522 052. 8 , 570 , 027. .0609162007 551 780. 10 669 103. .0517182006 537 350. 10 668 048. .0503702005 502 805. 10 081 404. .0498752004 482 870. 10 225 618. .047222

2 Total of line 1, column (d) 2 .2601013 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5,

the foundation has been in existence if less than 5 years

or by the number of years

3 . 0 5 2 0 2 0

4 Enter the net value of noncharitable - use assets for 2009 from Part X, line 5 4 9 , 195 , 268.

5 Multiply line 4 by line 3 5 478 , 338.

6 Enter 1% of net investment income (1% of Part I, line 27b) 6 8 , 581.

7 Add lines 5 and 6 7 486 , 919.

8 Enter qualifying distributions from Part XII, line 4 8 500 , 157.

If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rateSee the Part VI instructions

923521 02-02-10 Form 990-PF (2009)

T/W L.P. SCHENCK CHARITABLEForm 990-PF (2009) C/O PNC BANK N. A. - TRUSTEE 22-6040581 Part VI Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948 - see instructions)

la Exempt operating foundations described in section 4940(d)(2), check here ► LJ and enter'N/A' on line 1.

Date of ruling or determination letter: ( attach copy of letter if necessary-see instructions)

b Domestic foundations that meet the section 4940(e) requirements in Part V, check here ►® and enter 1% 1 8 , 581.

of Part I, line 27b

c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)

2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0.

3 Add lines 1 and 2 3 8 , 581.

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

5 Tax based on investment income . Subtract line 4 from line 3. If zero or less, enter -0- 5 8 , 581.

6 Credits/Payments:

a 2009 estimated tax payments and 2008 overpayment credited to 2009 6a 5 , 200.

b Exempt foreign organizations - tax withheld at source 6b

c Tax paid with application for extension of time to file (Form 8868) 6c 3 , 381.d Backup withholding erroneously withheld 6d

7 Total credits and payments. Add lines 6a through 6d 7 8 , 581.

8 Enter any penalty for underpayment of estimated tax. Check here 0 if Form 2220 is attached 8

9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed ► 9 0.

10 Overpayment . If line 7 is more than the total of lines 5 and 8, enter the amount overpaid ► 10

11 Enter the amount of line 10 to be: Credited to 2010 estimated tax Refunded Do- 11

VII-A

la During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in

any political campaign?

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

If the answer is "Yes" to 1 a 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 year9

d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. ► $ 0. (2) On foundation managers. ► $ 0.

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

managers. ► $ 0.

2 Has the foundation engaged in any activities that have not previously been reported to the IRS?

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

4a Did the foundation have unrelated business gross income of $1,000 or more during the year9

b If 'Yes,' has it filed a tax return on Form 990-T for this year? N/A

5 Was there a liquidation, termination, dissolution, or substantial contraction during the year'?

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?

7 Did the foundation have at least $5,000 in assets at any time during the year?

If "Yes," complete Part ll, col (c), and Part XV

8a Enter the states to which the foundation reports or with which it is registered (see instructions) ►NJ

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

9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942(I)(3) or 4942(I)(5) for calendar

year 2009 or the taxable year beginning in 2009 (see instructions for Part XIV)? If "Yes, " complete Part XIVfl fin onu norennc hnnnma cuhe"nfiol nnnfr,hidnr, iiir,nn thn toy vnnr9 _..-_____

Yesl No

1 lb I I X

2 1 1 X

3 X

4a X

4b

5 X

6 X

7 X

8b X

9 X

10 XForm 990-PF (2009)

82353102-02-10

' T/W L.P. SCHENCK CHARITABLEForm 990-PF (2009) r-10 PNC BANK N.A. - TRi1S TF.F

nts Regarding Activities11 At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the meaning of

section 512(b)(13)9 If 'Yes,' attach schedule (see instructions)

12 Did the foundation acquire a direct or indirect interest in any applicable insurance contract before

August 17, 20082

13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application? N/A

Website address ► N/A

1b

14 The books are in care of ► PNC BANK , N. A. - TAX DEPARTMENT Telephone no. 0o. ( 215) 5 8 5 - 5 5 9 7Located at ► 1600 MARKET STREET, PHILADELPHIA , PA ZIP+4 ►19103-7240

15 Section 4947 ( a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 - Check here ►and enter the amount of tax-exem p t interest received or accrued durm the year P0, 1 15 N/A

Part VII-B Statements Regarding Activities for Which Form 4720 May Be Required

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

la During the year did the foundation (either directly or indirectly)*

(1) Engage in the sale or exchange, or leasing of property with a disqualified person9 0 Yes ® No

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

a disqualified person? Yes ® No

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? Yes ® 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)? 0 Yes ® 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. ) E:]Yes ® No

b If any answer is Yes ' to la(1)-(6), did any of the acts fail to quality under the exceptions described in Regulations

section 53.4941 ( d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)2 N/A

Organizations relying on a current notice regarding disaster assistance check here ►0c Did the foundation engage in a prior year in any of the acts described in la, other than excepted acts, that were not corrected

before the first day of the tax year beginning in 20099

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 2009 , did the foundation have any undistributed income (lines 6d and Be, Part XIII) for tax year ( s) beginning

before 20097 E:]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 mcome7 (If applying section 4942(a)(2) to all years listed, answer "No* and attach

statement - see instructions.) N/A

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? 0 Yes ® No

b If 'Yes,' did it have excess business holdings in 2009 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 2009) N/A

4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes9

b Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that

had not been removed from ieooardv before the first day of the tax year beamnina in 2009?

3b

X

X

Form 990-PF (2009)

92354102-02-10

T/W L.P. SCHENCK CHARITABLEC/O PNC BANK N.A. - TRUSTEE 22-

I Part VII-B ^ Statements Regarding Activities for Which Form 4720 May Be Required (continued)5a During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? Yes No

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

any voter registration drive? Yes No

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

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

509(a)(1), (2), or (3), or section 4940(d)(2)9 Yes No

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

the prevention of cruelty to children or animals? Yes No

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 instructions)? N/A 5b

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 because it maintained

expenditure responsibility for the grant? N/A Yes No

If "Yes, " attach the statement required by Regulations section 53 4945-5(d)

6a Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contracts Yes No

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

If "Yes" to 6b, file Form 8870.

7a At any time during the tax year, was the foundation a party to a prohibited tax shelter transactions Yes No

b If yes , did the foundation receive an y proceeds or have any net income attributable to the transaction? N/A 7b

Part VIII Information About Officers , Directors , Trustees, Foundation Managers, Highly0 Paid Employees, and Contractors1 List all officers, directors, trustees, foundation managers and their compensation.

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

hours per week devotedto position

(c) Compensation(If not paid ,enter .0 .)

( dlConlnbuhonstoemp oyeebenefit plans

compensation

(e) Expenseaccount, otherallowances

PNC BANK , N. A. TRUSTEE265 MILLBURN AVENUEMILLBURN , NJ 07041 0.00 82 , 188. 0. 0.MARGUERITE LOGAN TRUSTEEC/O PNC BANK , N. A. - 265 MILLBURN AMILLBURN , NJ 07041 1.00 0. 0. 0.SUSAN MADDEN TRUSTEEC/O PNC BANK , N. A. - 265 MILLBURN AMILLBURN , NJ 07041 1.00 0. 0. 0.

z Compensation of tlve nianest-Casa employees (other than those included on line 1). It none. enter "NONE."

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

hours per weekdevoted to position

(c) Compensation(d) Contnbuhonsloemployee benefit p lans

compensation

(e) Expenseaccount, otherallowances

NONE

Total number of other employees paid over $50,000 ► 1 0

Form 990-PF (2009)

92355102-02-10

' T/W L.P. SCHENCK CHARITABLEForm 990-PF (2009) C/O PNC BANK N. A. - TRUSTEE 22-6040581

Part VIII Information About Officers , Directors , Trustees, Foundation Managers, HighlyPaid Employees, and Contractors (continued)

3 Five h ighest-paid independent contractors for professional services. If none, enter "NONE."

(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation

NONE

Total number of others receivin over $50 , 000 for p rofessional services ► 0Part IX-A I Summary of Direct Charitable Activities

List the foundation's four largest direct charitable activities during the tax year. Include relevant statistical information such as thenumber of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses

1 N/A

2

3

4

Part IX- B Summary of Program-Related InvestmentsDescribe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount

1 N/A

2

All other program-related investments. See instructions.

3

Total. Add lines 1 throu gh 3 ► 0.

Form 990-PF (2009)

92356102-02-10

' T/W L.P. SCHENCK CHARITABLEForm 990-PF (2009) C/O PNC BANK N. A. - TRUSTEE 22-6040581

Part X Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

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

a Average monthly fair market value of securities la 9 , 335 , 297.b Average of monthly cash balances 1b

c Fair market value of all other assets 1c

d Total (add lines la, b, and c) Id 9 , 335 , 297.e Reduction claimed for blockage or other factors reported on lines la and

1c (attach detailed explanation) le 0.

2 Acquisition indebtedness applicable to line 1 assets 2 0.

3 Subtract line 2 from line 1d 3 9 , 335 , 297.4 Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see instructions) 4 140 , 029.5 Net value of noncharitable - use assets . Subtract line 4 from line 3. Enter here and on Part V, line 4 5 9 195 , 268.

6 Minimum investment return . Enter 5% of line 5 6 459 , 763.

Part XIDistributable Amount (see instructions) (Section 4942(l)(3) and (1)(5) private operating foundations and certainforeign organizations check here ► 0 and do not complete this part.)

1 Minimum investment return from Part X, line 6 1 459 , 763.2a Tax on investment income for 2009 from Part VI, line 5 2a 8 , 5811-b Income tax for 2009. (This does not include the tax from Part VI.) 2b

c Add lines 2a and 2b 2c 8 5 81

3 Distributable amount before adjustments. Subtract line 2c from line 1 3 451 , 1824 Recoveries of amounts treated as qualifying distributions 4 0

5 Add lines 3 and 4 5 451 , .1826 Deduction from distributable amount (see instructions) 6 0

7 Distributable amount as ad justed. Subtract line 6 from line 5. Enter here and on Part XIII , line 1 7 4 51 , 182

PartXII Qualifying Distributions (see instructions)

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

a Expenses, contributions, gifts, etc. - total from Part I, column (d), line 26 la 500 , 157.b Program-related investments - total from Part IX-13 lb 0.

2 Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc., purposes 2

3 Amounts set aside for specific charitable projects that satisfy the:

a Suitability test (prior IRS approval required) 3a

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

4 Qualifying distributions . Add lines la through 3b. Enter here and on Part V, line 8, and Part XIII, line 4 4 500 , 157.5 Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b 5 8 , 581.6 Adjusted qualifying distributions . Subtract line 5 from line 4 6 491 , 576.

Note . The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for the section4940(e) reduction of tax in those years.

Form 990-PF (2009)

92357102-02-10

' T/W L.P. SCHENCK CHARITABLEForm 990-PF (2009) C/O PNC BANK N. A. - TRUSTEE 22-60405 81

Part Xlii Undistributed Income (see instructions)

(a) (b)Corpus Years prior to 2008

1 Distributable amount for 2009 from Part XI,

line 7

2 Undistributed income, if any, as of the end of 2009

a Enter amount for 2008 only

b Total for prior years:

3 Excess distributions carryover, it any, to 2009:

a From 2004

b From 2005

c From 2006

d From 2007

e From 2008

f Total of lines 3a through e

4 Qualifying distributions for 2009 from

Part Xl 1, line 4: ► $ 500,157,

a Applied to 2008, but not more than line 2a

b Applied to undistributed income of prior

years (Election required - see instructions)

c Treated as distributions out of corpus

(Election required - see instructions)

d Applied to 2009 distributable amount

e Remaining amount distributed out of corpus

5 Excess distributions carryover applied to 2009

(If an amount appears in column (d), the same amount

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. Subtract

line 4b from line 2b

c Enter the amount of prior years'undistributed income for which a notice ofdeficiency has been issued, or on whichthe section 4942(a) tax has been previouslyassessed

d Subtract line 6c from line 6b. Taxable

amount - see instructions

e Undistributed income for 2008. Subtract line

4a from line 2a. Taxable amount - see instr.

f Undistributed income for 2009. Subtract

lines 4d and 5 from line 1. This amount must

be distributed in 2010

7 Amounts treated as distributions out of

corpus to satisfy requirements imposed by

section 170(b)(1)(F) or 4942(g)(3)

8 Excess distributions carryover from 2004

not applied on line 5 or line 7

9 Excess distributions carryover to 2010

Subtract lines 7 and 8 from line 6a

10 Analysis of line 9:

a Excess from 2005

b Excess from 2006

c Excess from 2007

d Excess from 2008

e Excess from 2009

0.

0.

0.

0.

0.

0.

0.

0.

(c)2008

0

0.

(d)2009

451,182.

228 127.

0.

223 055.

Form 990-PF (2009)92358102-02-10

' T/W L.P. SCHENCK CHARITABLEForm 990-PF 2009 C / O PNC BANK N.A. - TRUSTEE 22-6040581 Part XIV Private Operating Foundations (see instructions and Part VII-A, question 9) N/A1 a If the foundation has received a ruling or determination letter that it is a private operating

foundation, and the ruling is effective for 2009, enter the date of the ruling ►b Check box to indicate whether the foundation is a private operating foundation described in section 0 4942(0(3) or = 4942(1)(5)

2 a Enter the lesser of the adjusted net

income from Part I or the minimum

investment return from Part X for

each year listed

b 85% of line 2a

c Qualifying distributions from Part XII,

line 4 for each year listed

d Amounts included in line 2c not

used directly for active conduct of

exempt activities

e Qualifying distributions made directly

for active conduct of exempt activities.

Subtract line 2d from line 2c3 Complete 3a, b, or c for the

alternative test relied upon:a 'Assets' alternative test - enter:

(1) Value of all assets

(2) Value of assets qualifyingunder section 4942(1)(3)(8)(1)

b 'Endowment' alternative test - enter2/3 of minimum investment returnshown in Part X, line 6 for each yearlisted

c 'Support alternative test - enter:

(1) Total support other than grossinvestment income (interest,dividends, rents, payments onsecurities loans (section512(a)(5)), or royalties)

(2) Support from general publicand 5 or more exemptorganizations as provided insection 4942(t)(3)(B)(ni)

(3) Largest amount of support from

an exempt organization

( 4 ) Gross investment income

Part XV Supplementary Information (Complete this part only if the foundation had $5,000 or more in assetsat any time during the year-see the instructions.)

1 Information Regarding Foundation Managers:

a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the close of any taxyear (but only if they have contributed more than $5,000). (See section 507(d)(2).)

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 the ownership of a partnership orother entity) of which the foundation has a 10% or greater interest

2 Information Regarding Contribution , Grant , Gift, Loan, Scholarship, etc., Programs:

Check here ►0 if the foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. Ifthe foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under other conditions, complete items 2a, b, c, and d.

a The name, address, and telephone number of the person to whom applications should be addressed:

SEE STATEMENT 9b The form in which applications should be submitted and information and materials they should include:

c Any submission deadlines:

d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors:

Tax year Prior 3 years

(a) 2009 ( b) 2008 (c) 2007 (d) 2006 (e) Total

923601 02-02-10 Form 990-PF (2009)

Form 990-PF (2009)T/W L.P. SCHENCK CHARITABLE

on3 Grants and Contributions Paid During the Year or Anoroved for Future Payment

Recipient If recipient is an individual,show any relationship to Foundation Purpose of grant or

Name and address (home or business) any foundation manager status of contribution Amountor substantial contributor recipient

a Paid during the year

SEE STATEMENT 10TotaI ► 3a 478 910.

b Approved for future payment

NONE

Total ► 3b 1 0.923611 02-02-10 Form 990-PF (2009)

T/W L.P. SCHENCK CHARITABLEForm 990-PF (2009) C/O PNC BANK N.A. - TRUSTEE 22-6040581

Part XVI -A Analysis of Income-Producing Activities

Enter

1 Pro

a

b

c

d

e

f

92 Me

3 Int

my

4 Div

5 Net

a

b

6 Net

pro

7 0th

8 Gai

tha

9 Net

10 Gr

11 Ot

a

b

c

d

e

12 Su

13 Total. Add line 12, columns (b), (d), and (e) 13 919,915.

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B Relationship of Activities to the Accomplishment of Exempt Purposes

ross amounts unless otherwise indicated Unrelate d business income Excluded by section 512, 513, or 514 (e).

gram service revenue:

(a)Businesscode

(b)Amount

EXCL

code

(d)Amount

Related or exemptfunction income

Fees and contracts from government agencies

mbership dues and assessments

rest on savings and temporary cash

estments

idends and interest from securities 14 229 , 609.rental income or (loss) from real estate: - - -

Debt-financed property

Not debt-financed property

rental income or (loss) from personal

perty

er investment income

n or (loss) from sales of assets other

n inventory 18 690 , 306.income or (loss) from special events

ss profit or (loss) from sales of inventory

er revenue:

)total. Add columns (b), (d), and (e) 0 . 919 915.

g

B

o

h

0 .

02302110 Form 990-PF (2009)

T/W L.P. SCHENCK CHARITABLEForm 990-PF 2009 C / O PNC BANK N. A. - TRUSTEE 22-6040581 Pag e 13Part XVII Information Regarding Transfers To and Transactions and Relationships With Noncharitable

Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of Yes No

the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

a Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash la(l) 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 lb ( 2 )1 X

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

(4) Reimbursement arrangements lb ( 4 ) X

(5) Loans or loan guarantees lb ( 5 ) X

(6) Performance of services or membership or fundraising solicitations lb ( 6 ) X

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

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 sharing arrangement, show in

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

N/A

Under pen res o perjury , I declar:att I have examined thi etum, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct,

rand com ete D anon of prep ther than tax or fidua ) is based on all information o which reparer has any knowledge

Slgna ure of officer or trustee p

C Preparer's

N signature0CL a y hrm's name (or yours

e j If self-employed),

address , and ZiPcode

92362202-02-10

2a Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described

in section 501(c) of the Code ( other than section 501(c)(3 )) or in section 5279 Yes 0 Nob If 'Yes ,' complete th e following schedule.

REPORT: TMS-TX-23BANK 42 PNC BANK (42)REGION 43 NORTH JERSEYOFFICE 201 PERSONAL

ACQUISITION TRANSACTIONDATE DATE

NOBLE CORPORATIONSEDOL: B65Z9D7ISIN: CH0033347318

04/29/09 11/27/0904/29/09 06/08/10

TOTAL-SHORTTOTAL-LONG

AT&T INC11/01/07 11/27/0909/18/06 11/27/09

TOTAL-LONG

AECOM TECHNOLOGY CORP05/29/09 11/27/0905/29/09 12/01/0905/29/09 12/02/09


ALLERGAN INC10/14/05 11/27/09

TOTAL-LONG

AMERICAN EXPRESS CO11/18/09 11/27/09


AMERICAN TOWER CORP CL A03/11/09 11/27/0903/11/09 05/24/10

GAIN/LOSS FED/STE REPORTACCOUNT 2007410 LILLIAN P SCHENCK PAGE: 1

FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10

G A I N/ L O S S I N F O R M A T I O NFEDERAL STATE

UNITS PROCEEDS TAX COST G/L G/L

220.000 8,945.84 6,160.15 2,785.69 S 2,785.69 L1,541.000 41,217.47 42,922.57 1, 705.10-1 1, 705.10-L

1,761.000 50,163.31 49,082.72 2,785.69 .001,705.10- 1,080.59

440.000 11,791.87 18,108.20 6,316.33-L 6,316.33-L10.000 268.00 31 6.00 48.00-L 48.00-L

450.000 12,059.87 18,424.20 6,364.33- 6,364.33-

150.000 3,853.99 4,747.84 893.85-S 893.85-L713.000 17,991.45 22,568.09 4,576.64-S 4,576.64-L404.0 00 10,062.13 12,787. 53 2,725. 40-S 2,725 .40-L

1,267.000 31,907.57 40,103.46 8,195.89- .00.00 8,195.89-

170.000 9,904.79 7, 415.40 2, 489.39 L 2,489.39 L

170.000 9,904.79 7,415.40 2,489.39 2,489.39

140.000 5 ,750.28 5,804.65 54.37-5 54.37-L

140.000 5,750.28 5,804.65 54.37- .00.00 54.37-

230.000 9,394.22 6,675.38 2,718.84 S 2,718.84 L1,330.000 53,075.24 38,601.12 14,474.12 L 14,474.12 L

REPORT : TMS-TX-23BANK 42 PNC BANK (42)REGION 43 NORTH JERSEYOFFICE 201 PERSONAL


(CONT•D)


AMERIPRISE FINANCIAL INC-W/I11/18/09 11/27/09


AMGEN INC07/31/09 11/27/09


AMPHENOL CORP NEWCL A

03/11/09 09/28/0903/11/09 09/29/09


APACHE CORPORATION08/13/09 11/27/09


APPLE INC03/13/09 11/27/0903/13/09 12/17/0903/11/09 12/17/09


AUTOZONE INC03/13/ 09 09/28/09


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



1,560.000 62,469.46 45,276.50 2,718.84 .0014,474.12 17,192.96

1 70.000 6,321.15 6,543.71 222.56-S 222.56-L

170.000 6,321.15 6,543.71 222.56- .00.00 222.56-

90.000 5,072.2 6 5,609. 87 537.61-S 537.61-L

90.000 5,072.26 5,609.87 537.61- .00.00 537.61-

1,011.000 37,936.70 25,605.80 12,330.90 S 12,330.90 L639.000 23,980.80 16,184.08 7,796.72 S 7,796.72 L

1,650.000 61,917.50 41,789.88 20,127.62 .00.00 20,127.62

140.000 13,301. 61 12,291.44 1,010.17 S 1,010.1 7 L

140.000 13,301.61 12,291.44 1,010.17 .00.00 1,010.17

130.000 26,099.42 12,444.03 13,655.39 S 13,655.39 L68.000 13,087.07 6,509.18 6,577.89 S 6,577.89 L79.000 15 ,204.10 7, 367.39 7, 836.71 S 7,836.71 L

277.000 54,390.59 26,320.60 28,069.99 .00.00 28,069.99

248.000 35,362.25 39,954.78 4,592.53-S 4,592.53-1

v



(CONT'D)


BAXTER INTERNATIONAL INC03/11/09 11/27/0903/11/ 09 05/12/10


BECTON DICKINSON & CO03/11 / 09 09/01/09


BRISTOL MYERS SQUIBB CO03/11/09 11/27/0903/11/ 09 01/12/10


BROADCOM CORP06/12/09 11/27/09


CSX CORP05/05/09 11/27/0905/05/09 01/26/10


CAMERON INTL CORP03/10 /10 05/04/10


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



248.000 35,362.25 39,954.78 4,592.53- .00.00 4,592.53-

230.000 12,542.03 11,444.00 1,098.03 S 1,098.03 L1,330. 000 59,735.76 66,176.14 6,440 .38-L 6,440.38-L

1,560.000 72,277.79 77,620.14 1,098.03 .006,440.38- 5,342.35-

61 0.000 41,674.37 38,149.40 3,524.97 S 3,524 .97 L

610.000 41,674.37 38,149.40 3,524.97 .00.00 3,524.97

260.000 6,531.29 5,233.80 1,297.49 S 1,297.49 L1,430. 000 35,450.25 28 ,785.90 6,664.35 S 6, 664.35 L

1,690.000 41,981.54 34,019.70 7,961.84 .00.00 7,961.84

190.000 5 ,494.90 4, 973.33 521.57 S 521.57 L

190.000 5,494.90 4,973.33 521.57 .00.00 521.57

170.000 8,003.55 5,320.75 2,682.80 S 2,682.80 L1,257.000 57, 210.37 39,342.21 17, 868.16 S 17,868 .16 L

1,427.000 65,213.92 44,662.96 20,550.96 .00.00 20,550.96

1,180.000 46,294.72 51,807.07 5,512.35-S 5,512.35-1

i



(CONT'D)


CELANESE CORP-SERIES A05/29/09 11/27/09


CHUBB CORP03/11/09 11/27/09


CISCO SYSTEMS INC10/14/05 11/27/09

TOTAL-LONG

CLOROX CO04/03/ 09 10/02/0903/11/ 09 10/02/0903/11/ 09 10/05/09


COACH INC07/08/09 11/27/09


COCA COLA CO03/11/09 11/27/0903/11/09 01/12/10


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



1,180.000 46,294.72 51,807.07 5,512.35- .00.00 5,512.35-

210.000 6,132.68 4,283.79 1,848.89 S 1,848.89 L

210.000 6,132.66 4,283.79 1,848.89 .00.00 1,848.89

140.000 6,993.24 5,012.50 1 ,980.74 S 1,980.74 L

140.000 6,993.24 5,012.50 1,980.74 .00.00 1,980.74

400.000 9,291.76 6,928.00 2 ,363.76 L 2, 363.76 L

400.000 9,291.76 6,928.00 2,363.76 2,363.76

220.000 12,681.42 11,714.63 966.79 S 966.79 L352.000 20,290.27 16,991.22 3,299.05 S 3,299.05 L528.000 30,003.09 25,486.82 4,516.27 S 4,516.27 L

1,100.000 62,974.78 54,192.67 8,782.11 .00.00 8,782.11

180.000 6,329.85 4,332.78 1,997.07 S 1,997.07 L

180.000 6,329.85 4,332.78 1,997.07 .00.00 1,997.07

260.000 14,804.28 10,314.20 4,490.08 S 4,490.08 L1,470.000 83,481.12 58,314.90 25,166.22 S 25,166.22 L



(CONT'D)


COLGATE-PALMOLIVE CO03/11/09 11/27/0903/11/ 09 02/02/10


CUMMINS INC01/12/10 08/13/1001/12/10 08/17/10


DAIMLERCHRYLER NA HLDGCO GUARNT07.200% DUE 09/01/2009

08/27/99 09/01/09

TOTAL-LONG

DISCOVERY COMMUNICATIONSCL A

04/03/09 11/02/0904/03/09 11/03/09


DOLBY LABORATORIES INCCLASS A

03/13/09 11/27/0903/13/ 09 08/13/10


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



1,730. 000 98 ,285.40 68,629.10 29,656.30 .00.00 29 ,656.30

160.000 13,318.69 9,030.14 4,288.55 S 4,288.55 L1,104. 0 0 0 89 ,020.35 62, 308.00 26 ,712 .35 S 26,712 .35 L

1,264. 000 102 ,339.04 71,338.14 31, 000.90 .00.00 31 ,000.90

120.000 9,356.06 6,386.83 2,969.23 S 2,969.23 L360. 000 29 ,115. 6 1 19,160.50 ' 9,955.11 S 9,955.11 L

480.000 38,471.67 25,547.33 12,924.34 .00.00 12,924.34

1 00,000 . 000 100 ,000.00 10 0 ,781.00 781.00-L 781.00-L

100,000.000 100 , 000.00 100 ,781.00 781.00- 781.00-

1,317 .000 36 ,217.89 23,480.13 12,737.76 S 12,737.76 L1,174. 000 32 ,079.66 20,930.66 11, 149.00 S 11, 149.00 L

2,491. 000 68 ,297.55 44,410.79 23,886.76 .00.00 23 ,886.76

160.000 6,977.50 5,247.49 1,730.01 S 1,730.01 L230.000 13,095.81 7,543.26 5,552.55 L 5,552.55 L



(CONT'D)


DOLLAR TREE INC03/11/09 11/27/0903/11/09 07/15/10


EMC CORP09/28/09 11/27/09


EBAY INC07/31/09 11/27/0901/26/10 06/16/1007/31/09 06/16/10


EXXON MOBIL CORP11/21/91 11/27/09

TOTAL-LONG

FPL GROUP INCNAME CHG 06/03/10 SEE 65339F101

05/29/09 11/27/0905/29/09 12/01/09


FEDEX CORPORATION09/16/09 11/27/0912/01/09 02/24/1009/16/09 02/24/10


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



390.000 20,073.31 12,790.75 1,730.01 .005,552.55 7,282.56

130.000 6,623.48 5,376.28 1,247.20 S 1,247.20 L.5 00 21 .27 13 .79 7 .48 L 7 .48 L

130.500 6,644.75 5,390.07 1,247.20 .007.48 1,254.68

430.0 00 7,168.34 7,357.56 189.22-S 189.22-L

430.000 7,168.34 7,357.56 189.22- .00.00 189.22-

250.000 5,830.29 5,366.30 463.99 S 463.99 L779.000 17,270.67 18,847.05 1,576.38-5 1,576.38-L

1,814.000 40,216.93 38, 937.87 1,279.06 S 1, 279.06 L

2,843.000 63,317.89 63,151.22 166.67 .00.00 166.67

280.0 00 21,075.62 4,11 1.55 16,964 .07 L 16,964.07 L

280.000 21,075.62 4,111.55 16,964.07 16,964.07

90.000 4,658.28 5,060.85 402.57-S 402.57-L688.000 36,322.44 38,687.41 2,364.97-S 2 ,364.97-L

778.000 40,980.72 43,748.26 2,767.54- .00.00 2,767.54-

80.000 6,555.02 6,244.70 310.32 S 310.32 L122.000 10,124.36 10,440.48 316.12-S 316.12-L579.000 48,049.24 45,196.05 2,853.19 S 2,853.19 L




FRANKLIN RESOURCES INC09/01/09 11/27/0909/01/09 05/27/10


IREEPORT MCMORAN COPPER 6 GOLD

05/05/09 11/27/0912/17/09 01/26/1005/05/09 01/26/1005/05/ 09 06/08/10


GENERAL MILLS INC11/18/09 11/27/09


GOLDMAN SACHS GROUP INC11/01/07 11/18/0904/29/09 11/18/0904/29/09 11/27/0904/03/09 11/27/0904/03/ 09 01/12/1010/14/ 05 01/12/1010/14/05 05/04/10


GOOGLE INC-CL A03/13/09 11/27/09


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



781.000 64,728.62 61,881.23 2,847.39 .00.00 2,847.39

70.000 7,659.36 6,358.05 1,301.31 S 1,301.31 L4 68.000 46 ,198.72 42 ,508.11 3, 690.61 S 3, 690.61 L

538.000 53,858.08 48,866.16 4,991.92 .00.00 4,991.92

100.000 8,485.07 4,911.17 3,573.90 S 3,573.90 L183.000 13,297.40 13,997.80 700.40-S 700.40-L71.000 5,159.10 3,486.93 1,672.17 S 1,672.17 L

622.000 37,823.64 30,547. 48 7,276.16 L 7,276.16 L

976.000 64,765.21 52,943.38 4,545.67 .007,276.16 11,821.83

160.000 10,854.44 10,775.54 78.90 S 78.90 L

160.000 10,854.44 10,775.54 78.90 .00.00 78.90

20.000 3,531.75 4,815.50 1,283.75-L 1,283.75-L104.000 18,365.11 13,134.55 5,230.56 S 5,230.56 L41.000 6,787.07 5,178.04 1,609.03 S 1,609.03 L49.000 8,111.37 5,729.46 2,381.91 S 2,381.91 L61.000 10,244.65 7,132.60 3,112.05 S 3,112.05 L

166.000 27,878.90 18,929.98 8,948.92 L 8,948.92 L434.000 65 ,168.91 49 ,491.62 15, 677.29 L 15, 677.29 L

875.000 140,087.76 104,411.75 12,333.55 .0023,342.46 35,676.01

30.000 17,303.85 9,698.14 7,605.71 S 7,605.71 L



(CONT'D)


GRAINGER W W INC07/29/09 11/27/0907/29/09 03/30/10


HOME DEPOT INC06/12/09 11/27/0906/12/09 01/12/10


HUDSON CITY BANCORP INC03/11/09 09/01/09


ITT CORPORATION10/14/05 09/16/0910/14/05 11/27/0910/14/05 12/17/0903/11/09 12/17/09


ILLINOIS TOOL WORKS INC10/28/09 11/27/0910/28/09 02/24/10


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



30.000 17,303.85 9,698.14 7,605.71 .00.00 7,605.71

60.000 5,828.24 5,302.33 525.91 S 525.91 L454.0 00 49,694.64 40,120.98 9,573. 66 S 9,573 .66 L

514.000 55,522.88 45,423.31 10,099.57 .00.00 10,099.57

220.000 6,072.06 5,302.42 769.64 S 769.64 L1,537.000 43 ,035.76 37,044.62 5,991.14 S 5, 991.14 L

1,757.000 49,107.82 42,347.04 6,760.78 .00.00 6,760.78

4, 070.000 51,503.30 38 ,665.41 12, 837.89 S 12, 837.89 L

4,070.000 51,503.30 38,665.41 12,837.89 .00.00 12,837.89

525.000 26,501.11 28,848.75 2,347.64-L 2,347.64-L130.000 6,675.91 7,143.50 467.59-L 467.59-L145.000 7,446.15 7,967.75 521.60-L 521.60-L72 0.000 36,974.00 25, 056.00 11,918.00 S 11,918.00 L

1,520.000 77,597.17 69,016.00 11,918.00 .003,336.83- 8,581.17

180.000 8,741.73 8,334.58 407.15 S 407.15 L1,265.000 57,369.64 58,573.54 1,203.90-S 1,203.90-L



(CONT'D)


INTEL CORP11/01/07 11/27/09

TOTAL-LONG

INTERNATIONAL BUSINESS MACHSCORP

09/28/09 11/27/0903/11/09 11/27/09


INTERNATIONAL PAPER CO08/13/09 11/27/0912/17/09 01/26/1008/13/09 01/26/1008/13/09 02/05/10


JPMORGAN CHASE & CO05/11/09 11/27/0904/29/09 11/27/09


JOHNSON & JOHNSON08/01/83 11/27/0908/01/83 12/01/09


FROM : 09/01 / 09 TO : 08/31 / 10 RUN DATE : 10/19/10

G A I N / L O S S I N F O R M A T I O NFEDERAL STATE


1,445 .000 66,111.37 66 , 908.12 796.75- .00.00 796.75-

410.000 7 , 802.62 11 , 072.05 3 , 269.43-L 3, 269.43-L

410.000 7 , 802.62 11 , 072.05 3 , 269.43- 3,269.43-

91.000 11 , 446.87 10 , 849.36 597.51 S 597.51 L9. 000 1,13 2 .11 79 7. 42 334 .69 S 334 .69 L

100.000 12 , 578.98 11,646 .78 932.20 .00.00 932.20

290.000 7,200.80 6,002 . 65 1,198.15 S 1,198.15 L382.000 9 , 386.80 10,015.16 628 . 36-S 628.36-L207.000 5,086.57 4 , 284.65 801.92 S 801.92 L

1, 855 . 000 4 0 , 960.10 38 , 396.28 2, 563 . 62 S 2, 563.82 L

2,734 .000 62,634.27 58,698.74 3 , 935.53 .00.00 3,935.53

297.000 12,369.52 10,851.22 1,518.30 S 1 , 518.30 L143.000 5 , 955.70 4,864 . 30 1, 0 91 . 40 S 1 , 091.40 L

440.000 18 , 325.22 15 , 715.52 2 , 609.70 .00.00 2,609.70

310.000 19,365.51 836.61 18 , 528.90 L 18,528.90 L768.000 48,697.01 2 , 072.64 46 ,624.37 L 46 ,624.37 L



(CONT'D)

TOTAL-LONG

JOHNSON CONTROLS INC09/28/09 11/27/0909/28/09 08/04/1009/01/ 09 08/04/10


KOHLS CORP05/05/09 11/27/0902/24/10 05/24/1005/05/09 05/24/10


LAUDER ESTEE COS INCCL A

02/03/10 05/27/1002/02/10 05/27/10


LUBRIZOL CORP08/04/09 11/27/0908/04/09 12/17/0908/04/09 12/18/09


MASTERCARD INC CL A03/11/09 11/18/0903/11/09 11/27/0903/11/09 02/05/10


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



1,078.000 68,062.52 2,909.25 65,153.27 65,153.27

340.000 9,071.64 8,752.59 319.05 S 319.05 L524.000 15,260.13 13,489.28 1,770.85 S 1,770.85 L

1,932. 000 56,264.45 47,1 70.36 9,094.09 S 9,094 .09 L

2,796.000 80,596.22 69,412.23 11,183.99 .00.00 11,183.99

120.000 6,513.78 5,291.70 1,222.08 S 1,222.08 L300.000 15,358.98 15,404.97 45.99-S 45.99-1897. 000 45,92 3.36 39,555 .46 6,367.90 L 6,367 .90 L

1,317.000 67,796.12 60,252.13 1,176.09 .006,367.90 7,543.99

650.000 38,005.29 36,730.52 1,274.77 S 1,274.77 L278.000 1 6, 254.57 15,543.73 710.84 S 710.84 L

928.000 54,259.86 52,274.25 1,985.61 .00.00 1,985.61

100.000 7,293.91 6,001.69 1,292.22 S 1,292.22 L256.000 18,838.76 15,364.33 3,474.43 S 3,474.43 L458.0 00 32,878 .84 27,487.74 5,391. 10 S 5,391.10 L

814.000 59,011.51 48,853.76 10,157.75 .00.00 10,157.75

118.000 26,824.51 17,238.17 9,586.34 S 9,586.34 L40.000 9,489.35 5,843.45 3,645.90 S 3,645.90 L322.000 70,697.55 47,039.76 23,657.79 S 23,657.79 L



(CONT'D)


MCKESSON CORPORATION03/11/09 11/27/0903/11/09 02/02/10


MEAD JOHNSON NUTRITION CO10/05/09 11/18/0910/02/09 11/18/09


MEDCO HEALTH SOLUTIONS INC03/11/09 11/27/0909/18/06 11/27/0909/18/06 03/03/10


LLON FINL COME06.375% DUE 02/15/ 2010

05/13/99 02/15/10

TOTAL-LONG

METLIFE INC.09/01/09 11/27/09


MICROSOFT CORP11/01/07 11/27/0911/02/09 11/27/09


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



480.000 107,011.41 70,121.38 36,890.03 .00.00 36,890.03

160.000 9,993.83 6,205.54 3,788.29 S 3,788.29 L870.000 52,179.24 33,742.60 18,436 .64 S 18,436.64 L

1,030.000 62,173.07 39,948.14 22,224.93 .00.00 22,224.93

434.000 18,969.74 20,309.38 1,339.64-S 1,339.64-L705.000 30 ,814.90 32 ,984.83 2, 169.93-S 2, 169.93-L

1,139.000 49,784.64 53,294.21 3,509.57- .00.00 3,509.57-

10.000 625.83 388.00 237.83 S 237.83 L170.000 10,639.18 5,258.95 5,380.23 L 5,380.23 L

1,030. 000 65,074.33 31,863.05 33,211.2 8 L 33,211.28 L

1,210.000 76,339.34 37,510.00 237.83 .0038,591.51 38,829.34

200, 000.000 200 ,000.00 198 ,154.00 1, 846.00 L 1, 846.00 L

200,000.000 200,000.00 198,154.00 1,846.00 1,846.00

140.000 4,702.76 4,926.49 223.73-S 223.73-L

140.000 4,702.76 4,926.49 223.73- .00.00 223.73-

450.000 13,117.16 16,512.75 3,395.59-L 3,395.59-1200.000 5,829.85 5,577.16 252.69 S 252.69 L




NEWS CORPORATION CL A02/05/10 05/24/10


NIKE INCCLASS B

03/11/ 09 09/01/09


OCCIDENTAL PETROLEUM CORP03/11/09 11/27/0903/11/09 07/16/10


ORACLE CORP11/01/ 07 11/02/0903/11/ 09 11/02/0910/14/ 05 11/02/0910/14/05 11/27/09


OWENSILL INC

07/08/09 11/27/0907/08/09 12/03/09


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



650.000 18,947.01 22,089.91 252.69 .003,395.59- 3,142.90-

4,839. 000 62,983 .81 61,996 .30 987.51 S 987.51 L

4,839.000 62,983.81 61,996.30 987.51 .00.00 987.51

902.000 49,060.77 38,795.92 10,264 .8S S 10,264.85 L

902.000 49,060.77 38,795.92 10,264.85 .00.00 10,264.85

200.000 16,180.81 10,889.00 S,291.81 S 5,291.81 L1,110.000 87,994.95 60,433.94 27,561 .01 L 27,561. 01 L

1,310.000 104,175.76 71,322.94 5,291.81 .0027,561.01 32,852.82

2,000.000 41,955.52 44,230.00 2,274.48-L 2,274.48-L650.000 13,635.54 9,750.00 3,885.54 S 3,885.54 L

1.000 20.98 12.18 8.80 L 8.80 L530.000 11,733.89 6,455.40 5 ,278.49 L 5, 276.49 L

3,181.000 67,345.93 60,447.58 3,885.54 .003,012.81 6,898.35

180.000 5,673.43 4,738.66 934.77 S 934.77 L1,278.000 39,527.65 33,644.50 5,883.15 S 5,883.15 L



(CONT'D)


PEPSICO INC04/30/91 11/27/09

TOTAL-LONG

PFIZER INC10/28/09 11/27/09


PRICE T ROME GROUP INC05/11/09 11/27/09


PROCTER & GAMBLE CO11/18/09 11/27/09


QUALCOMM INC05/04/06 11/27/0905/04/06 02/05/1011/01/07 02/05/1003/11/09 02/05/10


ROCKWELL AUTOMATION INC08/13/09 11/27/0912/01/09 08/17/1008/13/09 08/17/10


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



1,458.000 45,201.08 38,383.16 6,817.92 .00.00 6,817.92

270.0 0 0 16,772.50 3,895.29 12,877.21 L 12,877.21 L

270.000 16,772.50 3,895.29 12,877.21 12,877.21

470. 000 8,572.58 8,145.29 427 .29 S 427 .29 L

470.000 8,572.58 8,145.29 427.29 .00.00 427.29

140. 000 6,696.18 5,41 6.59 1,279 .59 S 1,279 .59 L

140.000 6,696.18 5,416.59 1,2790

.9 1,279.59

190. 000 11,817.88 11,829.38 11.50-S 11.50-L

190.000 11,817.88 11,829.38 11.50- .00.00 11.50-

300.000 13,461.07 15,616.50 2,155.43-L 2,155.43-L600.000 22,617.25 31,233.00 8,615.75-1 8,615.75-L900.000 33,925.88 38,056.50 4,130.62-1 4,130.62-L2 00.000 7,539.09 7,035.98 503 .11 S 503 .11 L

2,000.000 77,543.29 91,941.98 503.11 .0014,901.80- 14,398.69-

140.000 6,005.31 5,751.89 253.42 S 253.42 L258.000 13,415.66 11,408.22 2,007.44 S 2,007.44 L990.000 51,478.71 40,674.05 10,804.66 L 10,804.66 L



(CONT'D)


ROSS STORES INC03/11/09 11/27/0903/11/09 08/13/10


ROYAL DUTCH PETE COMERGED 12/21/05 a $61.8585 P/S

01/01/01 06/15/10

TOTAL-LONG

ST JUDE MEDICAL INC03/11/09 10/28/09


SCHLUMBERGER LTDSEDOL 2779201 ISIN AN8068571086

10/14/05 11/27/0910/14/05 08/04/10

TOTAL-LONG

SCRIPPS NETWORKS INTERAC

11/02/09 11/27/0911/02/09 02/24/1011/02/09 02/25/10


SEAGATE TECHNOLOGY ESCROWFINAL LIQ 09/21/09 a6.1020456P/S

01/23/01 09/23/09


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



1,388.000 70,899.68 57,834.16 2,260.86 .0010,804.66 13,065.52

160.000 7,108.62 5,083.19 2,025.43 S 2,025.43 L1,029. 000 50,672.94 32,691. 23 17,981 .71 L 17,981 .71 L

1,189.000 57,781.56 37,774.42 2,025.43 .0017,981.71 20,007.14

1.000 53.48 25.00 28.48 L 28.48 L

1.000 53.48 25.00 28.48 28.48

1,130. 000 39,01 7.11 39,132.92 115 .81-S 115. 81-L

1,130.000 39,017.11 39,132.92 115.81- .00.00 115.81-

120.000 7,543.58 4,837.20 2,706.38 L 2,706.38 L640. 000 40,19 6. 53 25,798. 40 14,398 .13 L 14,398.13 L

760.000 47,740.11 30,635.60 17,104.51 17,104.51

220.000 8,796.34 8,360.33 436.01 S 436.01 L623.000 24,689.80 23,674.94 1,014.86 S 1,014.86 L955.000 37,432.90 36,291.43 1,141.47 S 1,141.47 L

1,798.000 70,919.04 68,326.70 2,592.34 .00.00 2,592.34

500.000 51.02 1.00 50.02 L 50.02 L



TOTAL-LONG

STATE STR CORP05/11/09 11/18/0903/11/09 11/18/09


TALISMAN ENERGY INCSEDOL 2125600 ISIN CA87425E1034

06/12/09 11/27/0906/12/09 03/10/10


3M COMPANY07/31/09 11/27/09


US BANCORP DELCOM NEW

02/05/10 05/12/10


URS CORP NEW03/26/09 09/01/09


UNION PACIFIC CORP03/11/09 09/16/0903/11/09 10/28/09


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



500.000 51.02 1.00 50.02 50.02

236.000 10,050.34 9,407.81 642.53 S 642.53 L1,440. 000 61,324.14 31,382.21 29,941 .93 S 29,941.93 L

1,676.000 71,374.48 40,790.02 30,584.46 .00.00 30,584.46

330.000 5,670.31 5,201.53 468.78 S 468.78 L2,350.000 43,390.51 37,041.17 6,349.34 S 6,34 9. 34 L

2,680.000 49,060.82 42,242.70 6,818.12 .00.00 6,818.12

120.000 9,189.72 8,539.42 650 .30 S 650.30 L

120.000 9,189.72 8,539.42 650.30 .00.00 650.30

2 ,724.000 72,978.50 64 ,761.74 8 ,216.76 S 8,216.76 L

2,724.000 72,978.50 64,761.74 8,216.76 .00.00 8,216.76

925.000 38 ,876.19 39,747.53 871.34-S 871.34-1

925.000 38,876.19 39,747.53 871.34- .00.00 871.34-

441.000 27,821.80 16,218.04 11,603.76 S 11,603.76 L909.000 50,661.72 33,429.02 17,232.70 S 17,232.70 L



(CONT'D)


UNITED TECHNOLOGIES CORP09/01/09 11/27/09


UNITEDHEALTH GROUP INC05/11/09 11/27/09


VIACOM INC CLASS B WI06/02/09 11/27/09


WAL-MART STORES INC03/11/09 11/27/09


WELLS FARGO 8 COMPANY08/13/09 11/27/09


WILLIAMS COMPANIES INC11/20/09 11/27/0911/20/09 02/24/1011/20/09 03/10/10


FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10



1,350.000 78,483.52 49,647.06 28,836.46 .00.00 28,836.46

150.000 10,036.54 8,861.50 1, 175.04 S 1, 175.04 L

150.000 10,036.54 8,861.50 1,175.04 .00.00 1,175.04

290.000 8,508.53 8 ,028.51 480.02 S 480.02 L

290.000 8,508.53 8,028.51 480.02 .00.00 480.02

240.000 7,194.82 5 ,632.90 1 ,561.92 S 1,561.92 L

240.000 7,194.82 5,632.90 1,561.92 .00.00 1,561.92

2 70.000 14 ,736.48 12,819.60 1,91 6.88 S 1, 916.88 L

270.000 14,736.48 12,819.60 1,916.88 .00.00 1,916.88

440.000 12,007.72 12,190.20 182.48-S 182.48-L

440.000 12,007.72 12,190.20 182.48- .00.00 182.48-

540.000 10,786.33 10,595.34 190.99 S 190.99 L1,650.000 35,471.54 32,374.65 3,096.89 S 3,096.89 L2,239.000 50,835.81 43,931.42 6,904.39 S 6,904.39 L

REPORT: TMS-TX-23BANK 42 PNC BANK (42) GAIN/LOSS FED/STE REPORTREGION 43 NORTH JERSEY ACCOUNT 2007410 LILLIAN P SCHENCK PAGE: 17OFFICE 201 PERSONAL FROM: 09/01/09 TO: 08/31/10 RUN DATE: 10/19/10

G A I N/ L O S S I N F O R M A T I O N

ACQUISITION TRANSACTION FEDERAL STATEDATE DATE UNITS PROCEEDS TAX COST G/L G/L

(CONT'D)

TOTAL-SHORT 4,429.000 97,093.68 86,901.41 10,192.27 .00TOTAL-LONG .00 10,192.27

WISCONSIN ENERGY CORP03/13/09 11/27/09 200.000 9,008.16 7, 567.36 1, 440.80 S 1,440.80 L

TOTAL-SHORT 200.000 9,008.16 7,567.36 1,440.80 .00TOTAL-LONG .00 1,440.80

XTO ENERGY INCMERGED 6/28/2010 SEE 30231G102

11/01/07 11/20/09 1,875.000 76,915.02 98,049.45 21,134.43-L 21,134.43-L03/11/09 11/20/09 350.000 14, 357.47 10,780.00 3, 577.47 S 3,577.47 L

TOTAL-SHORT 2,225.000 91,272.49 108,829.45 3,577.47 .00TOTAL-LONG 21,134.43- 17,556.96-

STATE LISTED SALES-TOTAL LONG 394,603.500 4187,853.96 3502,133.87 .00 685,720.09

FEDERAL LISTED SALES-TOTAL SHORT 71,929.000 2827,337.51 2354,137.61 473,199.90 .00LONG 322,674.500 1360,516.45 1147,996.26 212,520.19 .00

CAPITAL GAIN DISTRIBUTIONS 1,170.82 L 1,170.82 L

GRAND TOTAL-SHORT 394,603.500 4187,853.96 3502,133.87 473,199.90 .00-LONG 213,691.01 685,720.09

CARRYOVER(CURRENT l .00 S .00 S

.00 M .00 M

.00 L .00 L

T/W L'.P. SCHENCK CHARITABLE C/O PNC BANK 22-6040581

FORM 990-PF DIVIDENDS AND INTEREST FROM SECURITIES STATEMENT 1

SOURCE

DOMESTIC DIVIDENDSDOMESTIC DIVIDENDSDOMESTIC INTERESTFOREIGN DIVIDENDSU. S. BOND AND NOTE INTEREST

TOTAL TO FM 990-PF, PART I, LN 4

CAPITAL GAINS COLUMN (A)GROSS AMOUNT DIVIDENDS AMOUNT

51,879.89,199.43,969.4,062.

40,500.

229,609. 0. 229,609.

FORM 990-PF ACCOUNTING FEES STATEMENT 2

(A) (B) (C) (D)EXPENSES NET INVEST- ADJUSTED CHARITABLE

DESCRIPTION PER BOOKS MENT INCOME NET INCOME PURPOSES

PNC BANK, N. A. - TAXPREPARATION FEE 700. 0. 700.

TO FORM 990-PF, PG 1, LN 16B 700. 0. 700.

FORM 990-PF TAXES STATEMENT 3



FOREIGN TAX ON DIVIDENDS 104. 104. 0.FEDERAL EXCISE TAX REFUND8/31/09 <7,571.> 0. 0.

TO FORM 990-PF, PG 1, LN 18 <7,467.> 104. 0.

0. 51,879.0. 89,199.0. 43,969.0. 4,062.0. 40,500.

STATEMENT(S) 1, 2, 3

T,/W L.P. SCHENCK CHARITABLE C/O PNC BANK 22-6040581

FORM 990-PF OTHER EXPENSES STATEMENT 4



CLASS ACTION FEES 50. 50. 0.

TO FORM 990-PF, PG 1, LN 23 50. 50. 0.

FORM 990-PF U.S. AND STATE/CITY GOVERNMENT OBLIGATIONS STATEMENT 5

U.S. OTHER FAIR MARKETDESCRIPTION GOV'T GOV'T BOOK VALUE VALUE

U. S. GOVERNMENT BONDS & NOTES X 904,453. 937,749.

TOTAL U.S. GOVERNMENT OBLIGATIONS 904,453. 937,749.

TOTAL STATE AND MUNICIPAL GOVERNMENT OBLIGATIONS

TOTAL TO FORM 990 -PF, PART II, LINE 10A 904,453. 937,749.

FORM 990-PF CORPORATE STOCK STATEMENT 6

FAIR MARKETDESCRIPTION BOOK VALUE VALUE

COMMON STOCK 4,012,752. 4,442,719.

TOTAL TO FORM 990 -PF, PART II, LINE 10B 4,012,752. 4,442,719.

FORM 990-PF CORPORATE BONDS STATEMENT 7

FAIR MARKETDESCRIPTION BOOK VALUE VALUE

CORPORATE BONDS 593,651. 620,069.

TOTAL TO FORM 990 -PF, PART II, LINE 10C 593,651. 620,069.

STATEMENT(S) 4, 5, 6, 7

T/W L'.P. SCHENCK CHARITABLE C/O PNC BANK 22-6040581

FORM 990-PF OTHER INVESTMENTS STATEMENT 8

VALUATION FAIR MARKETDESCRIPTION METHOD BOOK VALUE VALUE

CASH EQUIVALENTS COST 741,428. 741,428.MUTUAL FUNDS - FIXED COST 1,550,105. 1,649,883.MUTUAL FUNDS - EQUITY COST 725,166. 714,922.

TOTAL TO FORM 990-PF, PART II, LINE 13 3,016,699. 3,106,233.

STATEMENT(S) 8

T/W L.P. SCHENCK CHARITABLE C/O PNC BANK 22-6040581

FORM 990-PF GRANT APPLICATION SUBMISSION INFORMATION STATEMENT 9PART XV, LINES 2A THROUGH 2D

NAME AND ADDRESS OF PERSON TO WHOM APPLICATIONS SHOULD BE SUBMITTED

CLAUDIA LATORRE - VICE -PRESIDENTC/O PNC BANK , N. A. - 265 MILLBURN AVENUEMILLBURN , NJ 07041

TELEPHONE NUMBER

(973) 218-2102

FORM AND CONTENT OF APPLICATIONS

IN WRITING - A LETTER OF SPECIFIC REQUEST, TAX IDENIFICATION NUMBER ANDPREVIOUS YEAR'S ANNUAL REPORT

ANY SUBMISSION DEADLINES

AUGUST 1, OF EACH YEAR

RESTRICTIONS AND LIMITATIONS ON AWARDS

NO RESTRICTIONS OR LIMITATIONS ON AWARDS. ALL BENEFICIARIES MUST BEORGANIZATIONS OPERATING EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFICAND EDUCATIONAL PURPOSES.

STATEMENT(S) 9


FORM 990-PF GRANTS AND CONTRIBUTIONSPAID DURING THE YEAR

STATEMENT 10

RECIPIENT RELATIONSHIP RECIPIENTRECIPIENT NAME AND ADDRESS AND PURPOSE OF GRANT STATUS AMOUNT

ADLER APHASIA PUBLIC 2,000.60 WEST HUNTER AVENUE MAYWOOD, GENERAL USE OF THE CHARITYNJ 07607 ORGANIZATION

ALL SAINTS COMMUNITY SERVICE & RELIGIOUS 3,000.DEVELOPMENT CORP. GENERAL USE OF THE CHARITY

HOBOKEN, NJ 07030 ORGANIZATION

ALL SEASONS CHAMBER PLAYERS, PUBLIC 1,500.INC. GENERAL USE OF THE CHARITY115 ORCHARD ROAD DEMAREST, NJ ORGANIZATION07627

AMERICAN RED CROSS PUBLIC 8,000.71 GOODWIN AVE RIDGEWOOD, NJ GENERAL USE OF THE CHARITY07450 ORGANIZATION

ARC OF ESSEX COUNTY, NJ PUBLIC 2,000.123 NAYLON AVENUE LIVINGSTON, GENERAL USE OF THE CHARITYNJ 07039 ORGANIZATION

ARTS POWER NATIONAL TURING PUBLIC 3,000.THEATRE GENERAL USE OF THE CHARITY271 GROVE AVENUE - BUILDING A ORGANIZATIONVERONA, NJ 07042

BERGEN FAMILY CENTER PUBLIC 65,000.10 BANTA PLACE HACKENSACK, NJ GENERAL USE OF THE CHARITY07601 ORGANIZATION

BOYS & GIRLS CLUB OF HARTHORNE,INC. GENERAL USE OF THE150 MAITLAND AVE. HARTHORNE, NJ ORGANIZATION07506

PUBLIC 4,000.CHARITY

STATEMENT(S) 10


CENTER FOR MODERN DANCE PUBLIC 2,000.EDUCATION, INC. GENERAL USE OF THE CHARITY84 EUCLID AVE. HACKENSACK, NJ ORGANIZATION07601

CHILDREN'S AID & FAMILY PUBLIC 6,000.SERVICES, INC. GENERAL USE OF THE CHARITY200 ROBIN ROAD PARAMUS, NJ ORGANIZATION07652

CHILDREN'S DAY NURSERY & FAMILY PUBLIC 7,000.CENTER GENERAL USE OF THE CHARITY104 JEFFERSON ST. PASSIAC, NJ ORGANIZATION07055

CHRISTIAN HEALTH CARE CENTER PUBLIC 3,000.301 SICOMAC AVE. WYCKOFF, NJ GENERAL USE OF THE CHARITY07481 ORGANIZATION

COMMUNITY BLOOD SERVICES FDN PUBLIC 3,000.800 KINDERKAMACK RD STE 300 GENERAL USE OF THE CHARITYORADELL, NJ 07649 ORGANIZATION

COMMUNITY FOOD BANK OF NEW PUBLIC 5,000.JERSEY, INC. GENERAL USE OF THE CHARITY31 EVANS TERMINAL ROAD ORGANIZATIONHILLSIDE, NJ 07205

CONTACT OF USA, INC. - CONTACT PUBLIC 2,000.OF OCEAN COUNTY GENERAL USE OF THE CHARITYP. 0. BOX 1121 TOMS RIVER, NJ ORGANIZATION08754

CUMAC - FEEDING PEOPLE PUBLIC 2,000.PO BOX 2721 PATERSON, NJ 07509 GENERAL USE OF THE CHARITY

LIBRARY

DIABETES FOUNDATION INC PUBLIC 2,500.112 PROSPECT STREET RIDGEWOOD, GENERAL USE OF THE CHARITYNJ 07450 LIBRARY

ENGLEWOOD HOSPITAL & MEDICAL PUBLIC 34,000.CENTER GENERAL USE OF THE CHARITY350 ENGLE ST. ENGLEWOOD, NJ ORGANIZATION07631

STATEMENT(S) 10

T/W L'.P. SCHENCK CHARITABLE C/O PNC BANK

ENGLEWOOD PUBLIC LIBRARY31 ENGLE ST. ENGLEWOOD, NJ GENERAL USE OF THE07631 LIBRARY

FLAT ROCK BROOK NATUREASSOCIATION GENERAL USE OF THE433 VAN NOSTRAND ENGLEWOOD, NJ ORGANIZATION07631

FRIENDS FOR LIFE1576 PALISADE AVENUE FORT LEE, GENERAL USE OF THENJ 07024 LIBRARY

FRIENDSHIP HOUSE125 ATLANTIC STREET HACKENSACK, GENERAL USE OF THENJ 07601 ORGANIZATION

GIRL SCOUT OF NORTHERN NJ INC95 NEWARK POMPTON TURNPIKERIVERDALE, NJ 07457

GLEN HIGHLAND FARM, INC.MORRIS, NY 13808

GENERAL USE OF THEORGANIZATION


GRASS ROOTS10 BLEEKER ST. NEWARK, NJ 07102 GENERAL USE OF THE

ORGANIZATION

HABITAT FOR HUMANITYPO.O. BOX 3311 CAMDEN, NJ 08101 GENERAL USE OF THE

ORGANIZATION

HAVEN OF HOPE FOR KIDSP. 0. BOX 292 HOPE, NJ 07844

HEIGHTENED INDEPENDENCE &PROGRESS, INC.131 MAIN STREET - SUITE 120HACKENSACK, NJ 07601



22-6040581

MUNICIPAL 6,500.GOVERNMENT

PUBLICCHARITY

3,500.

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

3,000.

18,000.

2,000.

2,000.

6,500.

8,000.

2,000.

5,000.

STATEMENT(S) 10

T/W L'.P. SCHENCK CHARITABLE C/O PNC BANK

HEROS & COOL KIDSBRUNAN INC. 311 LINDBERGH AVE GENERAL USE OF THECLOSTER, NJ 07624 ORGANIZATION

HOBOKEN SHELTER300 BLOOMFIELD AVENUE HOBOKEN,NJ 07033

HOMELESS SOLUTIONS, INC.540 WEST HANOVER AVE. - SUITE100 MORRISTOWN, NJ 07960



HUDSON CRADLE, INC.1805 KENNEDY BLVD. JERSEY CITY, GENERAL USE OF THENJ 07305 ORGANIZATION

INTERRELIGIOUS FELLOWSHIP FORTHE HOMELESS OF BERGEN479 MAITLAND AVE. TEANECK, NJ07666

JAZZ BASKETBALL30 MONMOUTH AVENUE BERLIN, NJ08009

JCC THURNAUER SCHOOL OF MUSIC411 EAST CLINTON AVENUETENAFLY, NJ 07670

LIFE OPPORTUNITIES UNLIMITED75 NORTH MAPLE AVE. - SUITE 104RIDGEWOOD, NJ 07450

HOMELESS OF BERGENCOUNTY PROJECT




MARTIN LUTHER KING, JR. SENIORCENTER, INC. GENERAL USE OF THE120 ATLANTIC ST. HACKENSACK, NJ ORGANIZATION07601

NAT'L MULTIPLE SCLEROSIS SOCIETYPARAMUS, NJ 07652 GENERAL USE OF THE

ORGANIZATION

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

22-6040581

2,000.

2,000.

3,410.

5,000.

5,000.

3,000.

3,500.

5,000.

5,000.

2,500.

STATEMENT(S) 10

T/W L.P. SCHENCK CHARITABLE C/O PNC BANK

NEW JERSEY INTERGENERATIONALORCHESTRAP. 0. BOX 432 CRANFORD, NJ07016

NEW JERSEY SEEDS, INC.NEWARK, NJ 07102



NEW JERSEY YOUTH THEATRE656 WESTFIELD AVENUE WESTFIELD, GENERAL USE OF THENJ 07090 ORGANIZATION

NEW YORK-NEW JERSEY TRAILCONFERENCE, INC. GENERAL USE OF THE156 RAMAPO VALLEY RD MAHWAH, NJ ORGANIZATION07430

OASIS - THE OASIS HAVEN FORWOMEN & CHILDREN, INC. GENERAL USE OF THE320 MAIN STREET PATERSON, NJ ORGANIZATION07505

OPERA NEW JERSEY INCP.O BOX 3151 PRINCETON, NJ GENERAL USE OF THE08543 ORGANIZATION

PATERSON HABITAT FOR HUMANITY,INC.P. 0. BOX 2585 PATERSON, NJ07509

PLANNED PARENTHOOD OF GREATERNORTHERN NJ196 SPEEDWELL AVE. MORRISTOWN,NJ 07960

PREVENT BLINDNESS101 WHITNEY AVE, SUITES 300 &301 NEW HAVEN, CT 06762

PRO ARTE CHORALE400 PARAMUS ROAD PARAMUS, NJ07652





PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLIC

CHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

22-6040581

2,500.

2,500.

3,000.

1,500.

7,500.

6,000.

6,000.

4,000.

2,500.

5,000.

STATEMENT(S) 10


PROJECT PAUL, INC. PUBLIC 2,500.211 CARR AVENUE KEANSBURG, NJ GENERAL USE OF THE CHARITY07734 ORGANIZATION

PUSHCART PLAYERS, INC. PUBLIC 2,500.197 BLOOMFIELD AVE. VERONA, NJ GENERAL USE OF THE CHARITY07044 ORGANIZATION

RIDGEWOOD YMCA PUBLIC 6,000.55 N. BROAD STREET RIDGEWOOD, FOR THE LIVING WELL CHARITYNJ 07450 PROGRAM

SAGE ELDER CARE, INC. PUBLIC 2,000.290 BROAD STREET SUMMIT, NJ GENERAL USE OF THE CHARITY07901 ORGANIZATION

SHELTER OUR SISTERS, INC. PUBLIC 9,000.405 STATE STREET HACKENSACK, NJ GENERAL USE OF THE CHARITY07601 ORGANIZATION

SOUTHEAST SENIOR CENTER FOR PUBLIC 9,000.INDEPENDENT LIVING, INC. GENERAL USE OF THE CHARITY222 GRAND AVE. ENGLEWOOD, NJ ORGANIZATION07631

ST. CECILIA CHURCH RELIGIOUS 8,000.55 DEMAREST ENGLEWOOD, NJ 07631 GENERAL USE OF THE

ORGANIZATION

ST. JOSEPH'S HOME FOR THE PUBLIC 5,000.ELDERLY GENERAL USE OF THE CHARITY140 SHEPARD LANE TOTOWA, NJ ORGANIZATION07512

ST. PAUL'S COMMUNITY DEVELOPMENT PUBLIC 8,000.CORPORATION GENERAL USE OF THE CHARITY451 VAN HOUTEN ST. PATERSON, NJ ORGANIZATION07501

SUMMIT SPEECH SCHOOL PUBLIC 3,000.705 CENTRAL AVE. NEW GENERAL USE OF THE CHARITYPROVIDENCE, NJ 07974 SCHOOL

STATEMENT(S) 10


THE CHAPLAINCY COMMITTEE350 ENGLE STREET ENGLEWOOD, NJ US OF THE CHAPLAINCY07631 COMITTEE

THE PHOENIX CENTER, INC.16 MONSIGNOR OWENS PLACENUTLEY, NJ 07110

GENERAL USE OF THESCHOOL

TRENTON COMMUNITY MUSIC SCHOOL,INC. GENERAL USE OF THEP.O BOX 5206 TRENTON, NJ 08638 SCHOOL

UNITED CEREBRAL PALSY OF HUDSONCOUNTY, INC. GENERAL USE OF THE721 BROADWAY BAYONNE, NJ 07002 ORGANIZATION

VALLEY HOME CARE, INC.15 ESSEX ROAD PARAMUS, NJ 07652 GENERAL USE OF THE

ORGANIZATION

VANTAGE HEALTH SYSTEM2 PARK AVE. DRUMONT, NJ 07628

VOLUNTEER CENTER OF BERGEN CNTY64 PASSAIC ST HACKENSACK, NJ07601



WEST BERGEN MENTAL HEALTHCARE,INC. GENERAL USE OF THE120 CHESTNUT ST. RIDGEWOOD, NJ ORGANIZATION07450

WEST SIDE INFANT & TEEN PARENTENGLEWOOD, NJ 07631 WEST SIDE INFANT AND

TEEN PARENT PROGRAM

YCS - YOUTH CONSOLUTATIONSERVICE235 MAIN STREET, 3RD FLOORHACKENSACK, NJ 07601


PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

PUBLICCHARITY

22-6040581

8,000.

4,000.

2,500.

5,000.

5,000.

40,000.

32,000.

6,000.

5,000.

6,000.

STATEMENT(S) 10


YWCA OF BERGEN COUNTY2 UNIVERSITY PLAZA - SUITE 208 GENERAL USE OF THEHACKENSACK, NJ 07601 ORGANIZATION

ZOE'S PLACE519 SAGAMORE AVENUE TEANECK, NJ GENERAL USE OF THE07666 ORGANIZATION

TOTAL TO FORM 990-PF, PART XV, LINE 3A

22-6040581



478,910.

STATEMENT(S) 10

03-356

S U M M A R Y O F I N V E S T M E N T S

AS OF 08/31/10

ACCOUNTPAGE 1

42-43-880-2007410 LILLIAN P SCHENCK APCO -

CARRYING TAX MARKET 7 OF ESTIMATED YIELD AT

VALUE COST VALUE MARKET INCOME MARKET

PRINCIPAL CASH

CASH EQUIVALENTS 84,822 . 13 84,822 . 13 84,822.13 1.873 59.38 .070

EQUITIESCOMMON STOCK 4,012,752.30 3,758 , 718.87 4,442,718.76 98.127 93,001 . 03 2.093

TOTAL PRINCIPAL ASSETS 4,097,574.43 3,843,541.00 4,527,540 . 89 100 . 000 93,060 . 41 2.055

ACCOUNT TOTAL 4,097,574 .43 3,843,541.00 4,527,540 . 89 93,060.41 2.055

BPNCTF50OX 03100

03-356

ACCOUNT42-43-880-2007410

PAR VALUE INVESTMENT/SHARES DESCRIPTION

CASH EQUIVALENTS

84,822.130 BLACKROCK LIQUIDITY FUNDSTEMPFUNDADMINISTRATION SHARES #Hl

TOTAL CASH EQUIVALENTS

COMMON STOCK

750.000 HESS CORPORATION

810.000 PARKER HANNIFIN CORP

632.000 AMGEN INC

985.000 METLIFE INC.

1,010.000 EMERSON ELECTRIC CO

901.000 3M COMPANY

1,170.000 COOPER INDUSTRIES PLCSEDOL 840K911 ISIN 1E00B40K9117

1,420.000 COVIDIEN PLCSEDOL:B3QN1M2ISIN:IEOOB3QNIM21

620.000 CORE LABORATORIES N V

2,490.000 AT&T INC

1,116.000 ALLERGAN INC

S TAT E M E N T O F I N V E S T M E N T S

AS OF 08/31/10

PAGE 2

LILLIAN P SCHENCK APCO

CARRYING TAX MARKET/. OF ESTIMATED YIELD AT MARKET UNIT

VALUE COST VALUE MARKET INCOME MARKET PRICE

84,822.13 84,822.13 84,822.13 1.873 59 .38 0.070 1.000

84,822.13 84,822.13 84,822.13 1.873 59 .38 0.070

46,606.65 46,606.65 37,687.50 0.832 300.00 0.796 50.250

47,493.38 47,493.38 47,919.60 1.058 939.60 1.961 59.160

39,393.76 39,393.76 32,257.28 0.712 0.00 0.000 51.040

34,661.36 34,661.36 37,082.30 0.819 728.90 1.966 37.647

48,497.78 48,497.78 47,116.50 1.041 1,393.80 2.958 46.650

63,862.49 63,828.62 70,773.55 1.563 1,892.10 2.673 78.550

49,156.26 49,156.26 49,245.30 1.088 1,263.60 2.566 42.090

68,455.54 68,455.54 50,182.80 1.108 1,136.00 2.264 35.340

42,123.26 42,123.26 48,936.60 1.081 148.80 0.304 78.930

82,362.13 67,029.00 67,304.70 1.487 4,282.80 6.363 27.030

47,052.46 46,492.47 68,544.72 1.514 223.20 0.326 61.420

QPNCrAsaox 03/00

03-356

S T A T E M E N T O F I N V E S T M E N T S

AS OF 08/31/10

ACCOUNT PAGE 3

42-43-880-2007410 LILLIAN P SCHENCK APCO

PAR VALUE INVESTMENT CARRYING TAX MARKET X OF ESTIMATED YIELD AT MARKET UNIT

/SHARES DESCRIPTION VALUE COST VALUE MARKET INCOME MARKET PRICE

400.000 AMAZON COM INC 47,638.80 47,638.80 49,932.00 1.103 0.00 0.000 124.830

1,699.000 AMERICAN ELECTRIC POWER INC 56,749.23 56,749.23 60,161.59 1.329 3,126.16 5.196 35.410

1,047.000 AMERICAN EXPRESS CO 43,410.51 43,410.51 41,743.89 0.922 753.84 1.806 39.870

2,301.000 AMERISOURCEBERGEN CORP 65,291.74 65,291.74 62,771.28 1.386 920.40 1.466 27.280

1,236.000 AMERIPRISE FINANCIAL INC-W/I 47,576.60 47,576.60 53,864.88 1.190 889.92 1.652 45.580

980.000 APACHE CORPORATION 85,870.81 85,846.63 88,053.00 1.945 588.00 0.668 89.850

711.000 APPLE INC 56,876.00 52,713.84 172,844.10 3.818 0.00 0.000 243.100

4,110.000 BANK OF AMERICA CORP 67,902.88 67,902.88 51,210.60 1.131 164.40 0.321 12.460

1,653.000 BROADCOM CORP 44,169.83 44,169.83 49,523.88 1.094 528.96 1.068 29.960

1,683.000 CAPITAL ONE FINANCIAL CORP 72,632.95 72,632.95 63,735.21 1.408 336.60 0.528 37.870

1,909.000 CELANESE CORP-SERIES A 41,224.60 41,224.61 50,970.50 1.126 381.80 0.749 26.700

1,520.000 CENTURYLINK INC 51,544.87 51,544.87 54,963.20 1.214 4,408.00 8.020 36.160

1,470.000 CHEVRON CORPORATION 107,258.53 107,258.53 108,897.60 2.405 4,233.60 3.888 74.080

1,003.000 CHUBB CORP 35,911.01 35,911.01 55,295.39 1.221 1,484.44 2.685 55.130

3,271.000 CISCO SYSTEMS INC 82,122.11 57,808.59 65,370.94 1.444 0.00 0.000 19.985

18,010.000 CITIGROUP INC 76,627.18 76,627.18 66,799.09 1.475 0.00 0.000 3.709

1,726.000 COACH INC 46,840.55 46,840.55 61,859.84 1.366 1,035.60 1.674 35.840

BPNCI nssox 03100

03-356


AS OF 08/31/10

ACCOUNT PAGE 442-43-880-2007410 LILLIAN P SCHENCK APCO

PAR VALUE INVESTMENT CARRYING TAX MARKET % OF ESTIMATED YIELD AT MARKET UNIT/SHARES DESCRIPTION VALUE COST VALUE MARKET INCOME MARKET PRICE

940.000 COCA COLA CO 52,482.27 52,482 . 27 52,529.08 1.160 1,654 . 40 3.149 55.882

601.000 CUMMINS INC 31,697.55 31 , 466.07 44,720 . 41 0.988 631 .05 1.411 74.410

928.000 DOLBY LABORATORIES INC 30,435.43 30 ,435.43 51,429.76 1.136 0.00 0.000 55.420CLASS A

1,333. 000 DOLLAR TREE INC 36 ,751.69 36,751.69 60,547 . 58 1.333 0.00 0.000 45.272

1,000 . 000 DOVER CORP 47,902 . 90 47,902.90 44,760. 00 0.989 1,100.00 2.458 44.760

1,150 .000 DUPONT E I DE NEMOURS 8 CO 47,910 .84 47 ,910.84 46,885.50 1 . 036 1,886.00 4.023 40.770

3,597. 000 EMC CORP 61,388.52 61,388.52 65,609.28 1.449 0.00 0.000 18.240

1,010 . 000 EQUITY RESIDENTIAL 45,732 . 32 45,732 . 32 46,288.30 1.022 1,848.30 3.993 45.830SH BEN INT REIT

2,045 . 000 EXXON MOBIL CORP 72,115. 78 30 , 028.97 120,879.95 2.670 3 , 599.20 2.977 59.110

5,477. 000 FORD MOTOR COMPANY 67,007 .19 67, 007.19 61,807.95 1.365 0.00 0.000 11.285

4,233. 000 GENERAL ELECTRIC CO 71,714.47 71,714.47 61 ,293.84 1.354 2 , 370.48 3.867 14.480

2,258 . 000 GENERAL MILLS INC 63,678 .23 61,927. 06 81,649.28 1.803 2,528.96 3.097 36.160

207.000 GOOGLE INC-CL A 66,019.15 65 , 889.00 93,154.14 2.057 0.00 0.000 450.020

1,680 . 000 THE HERSHEY COMPANY 80,627 . 00 80 , 627.00 78,069.60 1.724 2,150.40 2.754 46.470

1,210. 000 HEWLETT-PACKARD CO 57,726 . 20 57,726.20 46 , 524.50 1.028 387.20 0.832 38.450

2,623 . 000 INTEL CORP 57,484.34 51 , 011.57 46,335.30 1.023 1,652 . 49 3.566 17.665

4PNCrfi s a o x 03100

03-356


AS OF 08/31/10

PAGE 5ACCOUNT42-43-880-2007410 LILLIAN P SCHENCK APCO

PAR VALUE INVESTMENT CARRYING TAX MARKET % OF ESTIMATED YIELD AT MARKET UNIT


721.000 INTERNATIONAL BUSINESS MACHS 66,329.47 63,882.34 88,776.73 1.961 1,874.60 2.112 123.130

CORP

3,219.000 JPMORGAN CHASE & CO 74,312.28 63,229.79 117,042.84 2.585 643.80 0.550 36.360

1,022.000 JOHNSON & JOHNSON 27,538.08 2,758.12 58,274.44 1.287 2,207.52 3.788 57.020

2,620.000 LIMITED BRANDS INC 65,503.41 65,503.41 61,832.00 1.366 1,572.00 2.542 23.600

3,050.000 MATTEL INC 66,041.96 66,041.96 64,019.50 1.414 2,531.50 3.954 20.990

1,201.000 MERCK & CO INC 45,048.67 45,048.67 42,227.16 0.933 1,825.52 4.323 35.160

4,693.000 MICROSOFT CORP 131,944.45 113,522.75 110,121.25 2.432 3,003.52 2.727 23.465

1,800.000 NATIONAL OILWELL VARCO INC 75,083.94 75,083.94 67,734.00 1.496 792.00 1.169 37.630

3,769.000 ORACLE CORP 55,801.22 40,337.22 82,333.81 1.819 753.80 0.916 21.845

750.000 PPG INDUSTRIES INC 47,694.23 47,694.23 49,372.50 1.090 1,650.00 3.342 65.830

1,470.000 PEPSICO INC 48,430.97 21,207.71 94,344.60 2.084 2,822.40 2.992 64.180

6,211.000 PFIZER INC 95,877.15 94,364.48 98,817.01 2.183 4,968.80 5.028 15.910

972.000 PRICE T ROWE GROUP INC 37,606.58 37,606.58 42,563.88 0.940 1,049.76 2.466 43.790

1,715.000 PROCTER & GAMBLE CO 80,519.91 36,188.46 102,334.05 2.260 3,304.81 3.229 59.670

800.000 SHIRE PLC 53,380.04 53,380.04 51,776.00 1.144 276.00 0.533 64.720

SPONSORED ADR

1,044.000 JM SMUCKER CO/THE-NEW COM WI 65,198.00 65,198.00 61,053.12 1.348 1,670.40 2.736 58.480

QPNCTIIS00X 0^/00

03-356


AS OF 08/31/10

ACCOUNT PAGE 642-43-880-2007410 LILLIAN P SCHENCK APCO


2,010.000 STARBUCKS CORP 55,785.14 55,785.14 46,189.80 1.020 1,045.20 2.263 22.980

900.000 UNION PACIFIC CORP 66,961.23 66,961.23 65,646.00 1.450 1,368.00 2.084 72.940

1,062.000 UNITED TECHNOLOGIES CORP 56,742.54 55,895.52 69,253.02 1.530 1,805.40 2.607 65.210

2,060.000 UNITEDHEALTH GROUP INC 57,030.07 57,030.07 65,343.20 1.443 1 ,030.00 1 .576 31.720

1,750.000 VIACOM INC CLASS B WI 41,073.20 41,073.20 54,985.00 1.214 1,050.00 1.910 31.420

1,500.000 WAL-MART STORES INC 67,027.60 54,385.50 75,210.00 1.661 1,815.00 2.413 50.140

3,172.000 WELLS FARGO & COMPANY 87,292.82 87,211.33 74,700.60 1.650 634.40 0.849 23.550

1,461.000 WISCONSIN ENERGY CORP 54,542.19 54,441.25 81,436.14 1.799 2,337.60 2.870 55.740

TOTAL COMMON STOCK 4,012,752.30 3,758,718.87 4,442,718.76 98.126 93,001.03 2.093

TOTAL INVESTMENTS 4,097,574.43 3,843,541.00 4,527,540.89 100.000 93,060.41 2.055

CASH 0.00 0.00 0.00

TOTAL ASSETS 4,097,574.43 3,843,541.00 4,527,540.89

INCOME CASH 0.00

PNCrnsnox 01100

03-35S


AS OF 08/31/10

ACCOUNT42-43-201-2007410 LILLIAN P SCHENCK


CASH EQUIVALENTS

170,953.050 BLACKROCK LIQUIDITY FUNDSTEMPFUNDADMINISTRATION SHARES #H1(INCOME INVESTMENT)

485,652 . 490 BLACKROCK LIQUIDITY FUNDSTEMPFUNDADMINISTRATION SHARES #H1

TOTAL CASH EQUIVALENTS

U.S. GOVERNMENT BONDS & NOTES

500,000 . 000 USA TREASURY NOTE04.500 % DUE 02/28/2011

400,000 . 000 USA TREASURY NOTES04.500% DUE 04/30/2012

TOTAL U.S. GOVERNMENT BONDS & NOTES

CORPORATE BONDS

195,000.000 INTL LEASE FINANCE CORPNOTES05.125% DUE 11/01/2010

200,000 . 000 HSBC FINANCE CORPNTS05.250% DUE 01/14/2011

170,953.05 170,953.05 170,953.05 , 3.733 119.67 0.070

485,652.49 485,652.49 485,652.49 10.606 339.96 0.070

656,605.54 / 656,605.54 656,605.54 14.339 459.65 0.070

499,453.13 499,453.13 510,625.00 11.151 22,500.00 4.406

405,000.00 405,000.00 427,124.00 9.327 18,000.00 4.214

904,453.13 ,\ 904,453.15 937,749.00 20.478 40,500.00 4.319

192,554.70 192,554.70 194,805.00 4.254 9,993.75 5.130

199,606.00 199,606.00 203,162.00 4.437 10,500.00 5.168

1.000

1.000 E

102.125 1 ^

106.781

99.900

101.581

BPNC

PAGE 2

rnsoon 03100

y

03-356


AS OF 08/31/10

ACCOUNTPAGE 3

42-43-201-2007410 LILLIAN P SCHENCK

PAR VALUE INVESTMENT CARRYING TAX MARKET % OF ESTIMATED YIELD AT MARKET UNIT


200,000 . 000 DEAN WITTER DISCOVER CO 201,490 . 00 201,490.00 222,102.00 4.850 13,500.00 6.078 111.051

DEB06.750X DUE 10/15/2013

TOTAL CORPORATE BONDS 593 , 650.70 7' 595, 650.70 620,069.00 13.541 33,995.75 5.482

MUTUAL FUNDS - FIXED

115,074.798 BLACKROCK 1,000 , 000.00 1,000,000.00 1,100,115.07 24.024 42,502.89 3.863 9.560

TOTAL RETURN PORTFOLIO II INSTLFUND 332 INSTITUTIONAL CLASS

15,822 .785 FIDELITY ADVISOR FLOATING HIGH 150 , 000.00 150,000.00 150 ,791.14 3 .293 4,664.73 3.094 9.530

INCOME FUND IFUND #279

2,828.000 ISHARES BARCLAYS TR U S TIP 298 , 936.85 298 , 936.85 306 , 102.72 6.685 7,547.93 2.466 108.240

ETF

11,937. 596 PIMCO COMMODITY REALRETURN 101,168 . 40 101,168.40 92,874.50 2.028 4,679.54 5.039 7.780

STRATEGY FUND CL P

TOTAL MUTUAL FUNDS - FIXED 1,550,105 . 25 1 1,550,105.25 1,649,883.43 36.030 59,395.09 3.600

MUTUAL FUNDS - EQUITY

4,638 . 219 DODGE 9 COX INTERNATIONAL 150,000 . 00 150,000.00 140,306.12 3.064 2,022.26 1.441 30.250

STOCK FUND

2,665.245 HARBOR INTERNATIONAL FUND 150,000 . 00 150,000 . 00 135,234.53 2.953 2,745.20 2.030 50.740

CLASS INS

PNCTR5BOx 03100

13-356J

S TAT E M E N T O F I N V E S T M E N T S

AS OF 08/31/10

ACCOUNT42-43-201-2007410 LILLIAN P SCHENCK

PAGE 4

I PAR VALUE INVESTMENT CARRYING TAX MARKET X OF ESTIMATED YIELD AT MARKET UNIT/SHARES DESCRIPTION VALUE COST VALUE MARKET INCOME MARKET PRICE

1,194. 000 ISHARES TR MSCI EMERGING MKTSINDEX FDETF

2,129.471 RS EMERGING MARKETS FUNDCLASS A

2.437 T ROWE PRICE MID CAP GROWTHINC FD #64(INCOME INVESTMENT)

4,385 . 003 T ROWE PRICE MID CAP GROWTHINC FD #64

14,952.153 ROYCE OPPORTUNITY FUNDINVESTMENT CLASS FD # 249

TOTAL MUTUAL FUNDS - EQUITY

TOTAL INVESTMENTS

CASH

TOTAL ASSETS

INCOME CASH

50,052 .48 50,052.48

50,000.00 50,000.00

114.01 114.01

200,000.00 200,000.00

125,000.00 125,000.00

725,166.49 i^ 725,166.49

4,429,981.11 4,429,981.11

0.00 0.00

4,429,981.11 4,429,981.11

47,831.64 1.045 741.47 1.550 40.060

49,318.55 1.077 745.31 1.511 23.160

116.34 0.003 0 .00 0.000 47.740

209,340.04 4.572 0.00 0 .000 47.740

132,775.12 2.900 0.00 0.000 8.880

714,922.34 15.614 6,254.24 0.875

4,579,229.31 100 .000 140,602 .71 3.070

0.00

4,579,229.31

0.00

QPNCTRsaox 03100

03-356

SUMMAR Y O F I N V E S T M ENT S

AS OF 08/31/10

ACCOUNT PAGE 142-43-201-2007410 LILLIAN P SCHENCK

CARRYING TAX MARKET % OF ESTIMATED YIELD ATVALUE COST VALUE MARKET INCOME MARKET

PRINCIPAL CASH

CASH EQUIVALENTS

FIXED INCOMEBONDSMUTUAL FUNDS - FIXED

TOTAL FIXED INCOME

EQUITIESMUTUAL FUNDS - EQUITY

TOTAL PRINCIPAL ASSETS

CASH EQUIVALENTS

EQUITIESMUTUAL FUNDS - EQUITY

485,652.49--

1,498,103.831,448,936.85

2,947,040.68

826,220.88

4,258,914.05

170,953.05

114.01

485,652.49

1,498 , 103.831,448 ,936.85

2,947 ,040.68

826,220.88

4,258,914.05

170,953.05

114.01

4,429,981.11

485,652 .49 11.017

1,557 ,818.00 35.3391,557, 008.93 35.321

3,114,826 .93 70.660

807,680.50 18.322

4,408, 159.92 100.000

170,953. 05 99.932

339.96 .070

ACCOUNT TOTAL

116.34 .068

4,579,229.31

74,493.75 4.78254,715.55 3.514

129,209.30 4.148

10,933.78 1.354

140,483.04 3.187

119.67 .070

140,602 .71 3.070

QPNCTRSUO) 03100

'Form 8868

(Rev April 2009)

Department of the TreasuryInternal Revenue Service

Application for Extension of Time To File anExempt Organization Return OMB No 1545-1709

• If you are filing for an Automatic 3-Month Extension , complete only Part I and check this box - - - ►• 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 II unless you have already been granted an automatic 3-month extension on a previously filed Form 8868

Part I 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

Part. I only ►

All other corporations (including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of time

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 file one of the returns

noted below (6 months for a corporation required to file Form 990-T). However, you cannot file Form 8868 electronically if (1) you want the additional(not automatic) 3-month extension or (2) you file Forms 990-BL, 6069, or 8870, group returns, or a composite or consolidated Form 990-T Instead,

you must submit the fully completed and signed page 2 (Part II) of Form 8868 For more details on the electronic filing of this form, visitwww.irs pov/efile and click on e-file for Charities & Nonprofits

Type or Name of Exempt Organization

print T/W L.P. SCHENCK CHARITABLEC/O PNC BANK N.A. - TRUSTEE

File by the

due date for

filing your

return See

instructions

Employer identification number

22-6040581Number, street , and room or suite no If a P.O. box, see instructions

1600 MARKET STREET - TAX DEPARTMENT

for each return

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

PHILADELPHIA, PA 19103-7240

Check type of return to be filed (file a separate application for each return)

0 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

® Form 990-PF 0 Form 1041-A Form 8870

PNC BANK , N. A. - TAX DEPARTMENT• The books are m the care of ► 1600 MARKET STREET - PHILADELPHIA , PA 19103-7240

Telephone No ► (215) 585-5597 FAX No. ► (215 ) 585-6755

• If the organization does not have an office or place of business in the United States , check this box - ►• 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 ► 0 If it is for part of the group , check this box ►0 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 time until

APRIL 15, 2011 , to file the exempt organization return for the organization named above The extension

is for the organization ' s return for

►0 calendar year or

►® tax year beginning S EP 1, 2009 , and ending AUG 31 , 2010

2 If this tax year is for less than 12 months , check reason : 0 Initial return 0 Final return 0 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

credits. See Instructions.

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

ants made Include an allowed

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

8.581.

2

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

LHA For Privacy Act and Paperwork Reduction Act Notice , see Instructions . Form 8868 (Rev. 4-2009)

92383105-26-09

Use the IRS /W L.P. SCHENCK CHARITABLE Otherwise, C/O PNC...

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