Donaldson Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
***BP P L C SPONSORED ADR (FRM	COM	055622104	248	5,865	SH		SOLE		0	0	5,865
3M COMPANY	COM	88579Y101	462	4,342	SH		SOLE		0	0	4,342
ABBOTT LABS COM	COM	002824100	11,725	331,972	SH		SOLE		0	0	331,972
ABBVIE INC COM	COM	00287Y109	11,073	271,537	SH		SOLE		0	0	271,537
ACCENTURE PLC IRELAND SHS CLAS	COM	G1151C101	9,148	120,421	SH		SOLE		0	0	120,421
ALBEMARLE CORP	COM	012653101	1,453	23,242	SH		SOLE		0	0	23,242
AMERICAN EXPRESS COMPANY	COM	025816109	1,759	26,075	SH		SOLE		0	0	26,075
AMERISOURCEBERGEN CORP COM	COM	03073E105	2,582	50,175	SH		SOLE		0	0	50,175
APPLE COMPUTER	COM	037833100	491	1,109	SH		SOLE		0	0	1,109
AQUA AMERICA INC	COM	03836W103	201	6,400	SH		SOLE		0	0	6,400
AUTOMATIC DATA PROCESSING INC	COM	053015103	13,383	205,802	SH		SOLE		0	0	205,802
BANK OF AMER CORP	COM	060505104	587	48,206	SH		SOLE		0	0	48,206
BCE INC	COM	05534B760	274	5,869	SH		SOLE		0	0	5,869
BERKSHIRE HATHAWAY INC CL B	COM	084670702	491	4,711	SH		SOLE		0	0	4,711
BLACKROCK INC COM	COM	09247X101	14,601	56,840	SH		SOLE		0	0	56,840
BRISTOL MYERS SQUIBB CO	COM	110122108	548	13,297	SH		SOLE		0	0	13,297
BUCKEYE PARTNERS LP	COM	118230101	300	4,900	SH		SOLE		0	0	4,900
CHEVRON CORP	COM	166764100	2,983	25,108	SH		SOLE		0	0	25,108
CINCINNATI FINL CORP COM	COM	172062101	15,141	320,648	SH		SOLE		0	0	320,648
COCA COLA CO	COM	191216100	654	16,174	SH		SOLE		0	0	16,174
COLGATE PALMOLIVE	COM	194162103	300	2,545	SH		SOLE		0	0	2,545
CONSUMER STAPLES S&P SECTOR	COM	81369Y308	318	7,987	SH		SOLE		0	0	7,987
CUMMINS INC	COM	231021106	1,686	14,555	SH		SOLE		0	0	14,555
CVS CORP	COM	126650100	2,600	47,278	SH		SOLE		0	0	47,278
DISNEY WALT CO	COM	254687106	2,359	41,527	SH		SOLE		0	0	41,527
DOMINION RES INC VA NEW COM	COM	25746U109	9,643	165,748	SH		SOLE		0	0	165,748
DUKE ENERGY CORP (HOLDING COMP	COM	26441C204	347	4,775	SH		SOLE		0	0	4,775
EATON CORP	COM	G29183103	1,924	31,406	SH		SOLE		0	0	31,406
ECOLAB INC	COM	278865100	3,072	38,315	SH		SOLE		0	0	38,315
ELI LILLY & CO	COM	532457108	384	6,754	SH		SOLE		0	0	6,754
EMERSON ELEC CO COM	COM	291011104	10,097	180,730	SH		SOLE		0	0	180,730
ENERGY S&P SECTOR	COM	81369Y506	311	3,920	SH		SOLE		0	0	3,920
EQUIFAX	COM	294429105	1,392	24,175	SH		SOLE		0	0	24,175
EXXON MOBIL CORP COM	COM	30231G102	13,958	154,895	SH		SOLE		0	0	154,895
FIRST FINANCIAL CORP-IND	COM	320218100	1,111	35,294	SH		SOLE		0	0	35,294
GALLAGHER ARTHUR J CO	COM	363576109	260	6,298	SH		SOLE		0	0	6,298
GALXOSMITHKLINE PLC - ADS	COM	37733W105	277	5,895	SH		SOLE		0	0	5,895
GENERAL ELECTRIC CO COM	COM	369604103	16,592	717,634	SH		SOLE		0	0	717,634
GOLDMAN SACHS GRP	COM	38141G104	1,931	13,125	SH		SOLE		0	0	13,125
HEALTH CARE REIT INC COM	COM	42217K106	16,391	241,365	SH		SOLE		0	0	241,365
INDUSTRIAL S&P SECTOR	COM	81369Y704	262	6,262	SH		SOLE		0	0	6,262
INTEL CORP	COM	458140100	423	19,357	SH		SOLE		0	0	19,357
INTERNATIONAL BUSINESS MACHS C	COM	459200101	12,525	58,720	SH		SOLE		0	0	58,720
ISHARES DJ SELECT DIVIDEND	COM	464287168	1,045	16,484	SH		SOLE		0	0	16,484
ISHARES RUSSELL MIDCAP INDX	COM	464287499	267	2,095	SH		SOLE		0	0	2,095
ISHARES TR DJ REGIONAL BK	COM	464288778	6,544	241,199	SH		SOLE		0	0	241,199
ISHARES TR S&P SMALLCAP 600 GT	COM	464287887	3,476	37,023	SH		SOLE		0	0	37,023
ISHARES TRUST S&P SMALLCAP 600	COM	464287804	256	2,938	SH		SOLE		0	0	2,938
JOHNSON & JOHNSON COM	COM	478160104	20,084	246,337	SH		SOLE		0	0	246,337
JPMORGAN CHASE & CO	COM	46625H100	266	5,605	SH		SOLE		0	0	5,605
KIMBERLY-CLARK	COM	494368103	232	2,369	SH		SOLE		0	0	2,369
KINDER MORGAN ENERGY	COM	494550106	637	7,100	SH		SOLE		0	0	7,100
KINDER MORGAN MANAGEMENT LLC S	COM	49455U100	16,314	185,705	SH		SOLE		0	0	185,705
MCDONALDS CORP COM	COM	580135101	14,363	144,072	SH		SOLE		0	0	144,072
MICROSOFT CORP	COM	594918104	1,459	51,006	SH		SOLE		0	0	51,006
NESTLE S A SPONSORED ADR	COM	641069406	14,697	202,804	SH		SOLE		0	0	202,804
NEW YORK HEALTH CARE	COM	649487204	0	40,000	SH		SOLE		0	0	40,000
NEXTERA ENERGY INC COM	COM	65339F101	12,328	158,696	SH		SOLE		0	0	158,696
NIKE	COM	654106103	2,216	37,545	SH		SOLE		0	0	37,545
NOUVEAU LIFE	COM	66979K103	0	70,000	SH		SOLE		0	0	70,000
NOVO-NORDISK A/S-SPONS ADR	COM	670100205	1,905	11,795	SH		SOLE		0	0	11,795
OLD NATIONAL BANCORP-IND	COM	680033107	2,719	197,772	SH		SOLE		0	0	197,772
OMNICOM GROUP INC COM	COM	681919106	11,160	189,471	SH		SOLE		0	0	189,471
ONEOK INC NEW COM	COM	682680103	14,402	302,120	SH		SOLE		0	0	302,120
PEPSICO INC	COM	713448108	462	5,836	SH		SOLE		0	0	5,836
PFIZER INC	COM	717081103	573	19,861	SH		SOLE		0	0	19,861
PHILIP MORRIS INTL	COM	718172109	329	3,552	SH		SOLE		0	0	3,552
PRAXAIR INC	COM	74005P104	2,357	21,133	SH		SOLE		0	0	21,133
PRICE T ROWE GROUP INC	COM	74144T108	1,897	25,342	SH		SOLE		0	0	25,342
PROCTER & GAMBLE CO COM	COM	742718109	12,533	162,633	SH		SOLE		0	0	162,633
REALTY INCOME CORP COM	COM	756109104	14,037	309,525	SH		SOLE		0	0	309,525
S&P DIVIDEND ARISTOCRATS	COM	78464A763	248	3,764	SH		SOLE		0	0	3,764
SCHLUMBERGER LTD	COM	806857108	1,024	13,668	SH		SOLE		0	0	13,668
SELECT SECTOR SPDR TR SBI HEAL	COM	81369Y209	282	6,120	SH		SOLE		0	0	6,120
SOUTHERN CO COM	COM	842587107	10,526	224,333	SH		SOLE		0	0	224,333
SPDR DOW JONES INDL AVE ETF -	COM	78467X109	270	1,861	SH		SOLE		0	0	1,861
STANLEY BLACK & DECKER INC COM	COM	854502101	10,665	131,720	SH		SOLE		0	0	131,720
TECHNOLOGY S&P SECTOR	COM	81369Y803	353	11,662	SH		SOLE		0	0	11,662
TJX COMPANIES INC	COM	872540109	2,466	52,742	SH		SOLE		0	0	52,742
TORONTO-DOMINION BANK	COM	891160509	1,010	12,128	SH		SOLE		0	0	12,128
TOYOTA MOTOR CORP SP ADR REP2C	COM	892331307	9,898	96,432	SH		SOLE		0	0	96,432
TRANSCANADA CORP	COM	89353D107	209	4,365	SH		SOLE		0	0	4,365
UNITED TECHNOLOGIES CORP COM	COM	913017109	18,789	201,099	SH		SOLE		0	0	201,099
V F CORP COM	COM	918204108	10,413	62,076	SH		SOLE		0	0	62,076
VANGAURD FTSE ALL WORLD EX-U	COM	922042775	265	5,715	SH		SOLE		0	0	5,715
VANGUARD SPECIALIZED PORTFOL D	COM	921908844	939	14,298	SH		SOLE		0	0	14,298
VECTREN CORP	COM	92240G101	1,798	50,768	SH		SOLE		0	0	50,768
VERIZON COMMUNICATIONS	COM	92343V104	4,889	99,472	SH		SOLE		0	0	99,472
WELLS FARGO & CO NEW COM	COM	949746101	15,673	423,716	SH		SOLE		0	0	423,716
WILLIAMS COS INC DEL COM	COM	969457100	7,532	201,056	SH		SOLE		0	0	201,056
AMER BALANCED FD INC	MUFU	024071102	426	19,624	SH		SOLE		0	0	19,624
COMPOSITE TECH	MUFU	20461S108	0	51,400	SH		SOLE		0	0	51,400
FRANKLIN CUSTODIAN FDS INC	MUFU	353496805	66	27,935	SH		SOLE		0	0	27,935
FRANKLIN CUSTODIAN FDS INCOME	MUFU	353496300	288	123,607	SH		SOLE		0	0	123,607
FRANKLIN HIGH INCOME FUND ADVI	MUFU	353538309	25	11,845	SH		SOLE		0	0	11,845
PIMCO FDS PAC INVT MGMT SER LO	MUFU	693390411	1,352	128,742	SH		SOLE		0	0	128,742
TEMPLETON WORLD FD INC	MUFU	880196100	169	10,163	SH		SOLE		0	0	10,163
VANGUARD TX-MANAGED CAPITAL AP	MUFU	921943866	386	4,894	SH		SOLE		0	0	4,894