Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2010
For calendar year 2010, or tax year beginning 01-01-2010 , and ending 12-31-2010
G
Check all that apply:
Name of foundation
THE WENDELL M SMITH FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)67 MOOSEHILL ROAD   Room/suite
City or town, state, and ZIP code
TRUMBULL, CT06611
A Employer identification number

22-3045019
B Telephone number (see page 10 of the instructions)

(203) 459-8618
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$544,786J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 37 37  
4 Dividends and interest from securities...... 13,504 13,504  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,903
b Gross sales price for all assets on line 6a 462,732
7 Capital gain net income (from Part IV, line 2)... 3,903
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 17,444 17,444  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 3,100      
c Other professional fees (attach schedule).... Click to see attachment 3,000      
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 166 26    
19 Depreciation (attach schedule) and depletion... Click to see attachment 0    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 3,839 3,839    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 10,105 3,865   0
25 Contributions, gifts, grants paid........ 38,400 38,400
26 Total expenses and disbursements. Add lines 24 and 25 48,505 3,865   38,400
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -31,061
b Net investment income (if negative, enter -0-) 13,579
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 70,447 23,081 23,081
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 327,410 344,345 344,345
c Investments—corporate bonds (attach schedule)........ 140,251 177,360 177,360
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment-1 Click to see attachment2  
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 538,107 544,788 544,786
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 538,107 544,788
30 Total net assets or fund balances (see page 17 of the
instructions).................... 538,107 544,788
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 538,107 544,788
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)............... 1 538,107
2 Enter amount from Part I, line 27a...................... 2 -31,061
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 47,982
4 Add lines 1, 2, and 3.......................... 4 555,028
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 10,240
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 544,788
Form 990-PF (2010)
Form 990-PF (2010)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a CAPITAL GAIN DISTRIBUTIONS P 2008-07-01  
b 288.678 VICTORY DIVERSIFIED STOCK CLASS A P 2010-02-04 2010-02-04
c 101.523 VICTORY DIVERSIFIED STOCK CLASS A P 2008-10-01 2010-01-26
d 49.957 SELECTED AMERICAN SHARES CL S P 2010-02-04 2010-10-21
e 50.613 SELECTED AMERICAN SHARES CL S P 2010-02-04 2010-09-20
86.068 SELECTED AMERICAN SHARES CL S P 2010-02-04 2010-08-09
64.752 SELECTED AMERICAN SHARES CL S P 2005-08-26 2010-02-04
102.154 SELECTED AMERICAN SHARES CL S P 2010-02-04 2010-01-26
177.778 T ROWE PRICE HIGH YIELD ADVISOR CL P 2010-02-04 2010-12-06
235.641 T ROWE PRICE HIGH YIELD ADVISOR CL P 2010-02-04 2010-10-21
332.829 T ROWE PRICE HIGH YIELD ADVISOR CL P 2010-02-04 2010-08-09
230.061 T ROWE PRICE HIGH YIELD ADVISOR CL P 2010-02-04 2010-05-17
166.920 T ROWE PRICE HIGH YIELD ADVISOR CL P 2010-02-04 2010-04-05
WASH SALE P 2010-02-04  
233.281 T ROWE PRICE HIGH YIELD ADVISOR CL P 2010-02-04 2010-01-26
1085.521 PIMCO COMMODITY REAL RET STRAT ADMIN CL P 2010-02-04 2010-02-04
716.448 PIMCO SHORT TERM ADMINISTRATIVE SHS P 2010-02-04 2010-09-20
170.557 PIMCO TOTAL RETURN ADMINISTRATIVE SHS P 2010-02-04 2010-06-08
134.771 PIMCO TOTAL RETURN ADMINISTRATIVE SHS P 2010-02-04 2010-05-17
753.715 PIMCO HIGH YIELD ADMINISTRATIVE SHS P 2010-02-04 2010-02-04
196.147 MORGAN STA INST INC. INTERNATL EQUITY P P 2010-02-04 2010-09-20
198.570 MORGAN STA INST INC. INTERNATL EQUITY P P 2010-02-04 2010-08-09
67.5668 MORGAN STA INST INC. INTERNATL EQUITY P P 2010-02-04 2010-05-17
82.831 MORGAN STA INST INC. INTERNATL EQUITY P P 2010-02-04 2010-04-05
89.150 MARSICO FOCUS P 2009-01-08 2010-11-09
96.444 MARSICO FOCUS P 2010-02-04 2010-10-21
126.422 MARSICO FOCUS P 2010-02-04 2010-09-20
101.911 MARSICO FOCUS P 2010-02-04 2010-08-09
145.028 MARSICO FOCUS P 2010-02-04 2010-06-08
68.776 MARSICO FOCUS P 2010-02-04 2010-02-04
295.093 MANNAIN & NAPIER WORLD OPPT SER CL A P 2010-02-04 2010-09-20
322.081 MANNAIN & NAPIER WORLD OPPT SER CL A P 2008-10-01 2010-08-09
105.402 MANNAIN & NAPIER WORLD OPPT SER CL A P 2008-10-01 2010-05-17
50.955 MANNAIN & NAPIER WORLD OPPT SER CL A P 2008-10-01 2010-02-04
91.741 LEGG MASON CBA LARGE CAP GROWTH A P 2008-11-14 2010-11-09
90.703 LEGG MASON CBA LARGE CAP GROWTH A P 2008-11-14 2010-09-20
60.663 LEGG MASON CBA LARGE CAP GROWTH A P 2008-11-14 2010-08-09
73.314 LEGG MASON CBA LARGE CAP GROWTH A P 2010-02-04 2010-06-08
115.979 LEGG MASON CBA LARGE CAP GROWTH A P 2010-02-04 2010-04-05
46.382 LEGG MASON CBA LARGE CAP GROWTH A P 2010-02-04 2010-01-26
335.261 JPMORGAN US LG CAP CORE PLUS SELECT SHS P 2010-02-04 2010-01-26
237.697 PERKINS MID CAP VALUE FUND CLASS T P 2010-02-04 2010-02-04
71.102 PERKINS MID CAP VALUE FUND CLASS T P 2008-01-17 2010-01-26
91.357 JANUS FUND CLASS T SHARES P 2010-02-04 2010-12-06
96.636 JANUS FUND CLASS T SHARES P 2010-02-04 2010-12-21
187.617 JANUS FUND CLASS T SHARES P 2010-02-04 2010-09-20
138.302 JANUS FUND CLASS T SHARES P 2006-04-24 2010-08-09
125.557 JANUS FUND CLASS T SHARES P 2010-02-04 2010-06-08
64.620 JANUS FUND CLASS T SHARES P 2010-02-04 2010-02-04
80.948 HARTFORD CAPITAL APPRECIATION CL A P 2010-02-04 2010-11-09
77.320 HARTFORD CAPITAL APPRECIATION CL A P 2010-02-04 2010-09-20
143.463 HARTFORD CAPITAL APPRECIATION CL A P 2010-02-04 2010-08-09
45.726 HARTFORD CAPITAL APPRECIATION CL A P 2010-02-04 2010-06-08
190.931 HARTFORD CAPITAL APPRECIATION CL A P 2010-02-04 2010-02-04
33.036 HARTFORD CAPITAL APPRECIATION CL A P 2005-04-26 2010-01-26
128.183 OAKMARK FUND 1 P 2010-02-04 2010-02-04
60.925 OAKMARK FUND 1 P 2006-10-20 2010-01-26
12.277 HARBOR INTERNATIONAL ADMINISTRATIVE CL P 2009-08-06 2010-09-20
51.433 HARBOR INTERNATIONAL ADMINISTRATIVE CL P 2010-02-04 2010-08-09
34.915 HARBOR INTERNATIONAL ADMINISTRATIVE CL P 2010-02-04 2010-05-17
26.834 HARBOR INTERNATIONAL ADMINISTRATIVE CL P 2008-10-01 2010-04-05
250.829 JOHN HANCOCK CLASSIC VALUE CL A P 2010-02-04 2010-02-04
69.579 JOHN HANCOCK US GLBL LEADERS GROWTH CL A P 2010-02-04 2010-01-26
73.013 JOHN HANCOCK CLASSIC VALUE CL A P 2009-05-21 2010-09-20
200.22 STRATEGIC ADVISERS INTERNATIONAL FUND P 2009-07-09 2010-11-09
216.155 STRATEGIC ADVISERS INTERNATIONAL FUND P 2009-07-09 2010-10-21
117.329 STRATEGIC ADVISERS SMALL-MID CAP FD P 2008-10-01 2010-12-06
99.305 PAS SMALL-MID CAP FUND OF FUNDS P 2008-10-01 2010-05-17
422.075 FIDELITY LOW PRICED STOCK P 2010-02-04 2010-02-04
150.162 FIDELITY GROWTH COMPANY P 2010-02-04 2010-02-04
223.464 FIDELITY TOTAL BOND P 2010-02-04 2010-06-08
185.874 FIDELITY TOTAL BOND P 2006-06-20 2010-05-17
1173.459 FIDELITY SHORT TERM BOND P 2010-02-04 2010-02-04
134.482 FIDELITY ADVISOR DIVERSIFIED INT'L 1 P 2010-02-04 2010-10-21
136.463 FIDELITY ADVISOR DIVERSIFIED INT'L 1 P 2010-02-04 2010-09-20
135.670 FIDELITY ADVISOR DIVERSIFIED INT'L 1 P 2008-01-17 2010-08-09
77.566 FIDELITY ADVISOR DIVERSIFIED INT'L 1 P 2008-01-17 2010-06-08
65.681 FIDELITY ADVISOR DIVERSIFIED INT'L 1 P 2008-01-17 2010-04-05
WASH SALE P 2008-01-17  
345.033 FIDELITY ADVISOR DIVERSIFIED INT'L 1 P 2008-01-17 2010-01-26
122.494 FIDELITY CAPITAL & INCOME P 2010-02-04 2010-09-20
168.539 FIDELITY CAPITAL & INCOME P 2010-02-04 2010-08-09
295.119 FIDELITY CAPITAL & INCOME P 2010-02-04 2010-05-17
315.421 FIDELITY CAPITAL & INCOME P 2010-02-04 2010-02-04
1482.401 STRATEGIC ADVISERS VALUE FUND P 2010-02-04 2010-02-04
89.955 FIDELITY DIVERSIFIED INTERNATIONAL P 2010-02-04 2010-09-20
94.683 FIDELITY DIVERSIFIED INTERNATIONAL P 2010-02-04 2010-08-09
27.290 FIDELITY DIVERSIFIED INTERNATIONAL P 2010-04-26 2010-05-17
45.328 FIDELITY DIVERSIFIED INTERNATIONAL P 2010-04-26 2010-04-05
36.751 FIDELITY DIVERSIFIED INTERNATIONAL P 2010-02-04 2010-01-26
203.885 CAUSWAY INTERNATIONAL VALUE INVESTOR P 2010-02-04 2010-12-16
242.215 CAUSWAY INTERNATIONAL VALUE INVESTOR P 2010-02-04 2010-08-09
66.540 CAUSWAY INTERNATIONAL VALUE INVESTOR P 2010-04-26 2010-05-17
109.705 CAUSWAY INTERNATIONAL VALUE INVESTOR P 2010-04-26 2010-04-05
WASH SALE P 2010-04-26  
98.655 CAUSWAY INTERNATIONAL VALUE INVESTOR P 2010-04-26 2010-01-26
110.623 WILLIAM BLAIR INT'L GROWTH CLASS N P 2010-02-04 2010-09-20
136.364 WILLIAM BLAIR INT'L GROWTH CLASS N P 2010-02-04 2010-08-09
55.463 WILLIAM BLAIR INT'L GROWTH CLASS N P 2010-02-04 2010-05-17
76.375 WILLIAM BLAIR INT'L GROWTH CLASS N P 2010-02-04 2010-04-05
WASH SALE P 2010-02-04  
55.772 WILLIAM BLAIR INT'L GROWTH CLASS N P 2010-02-04 2010-01-26
765.678 AMERICAN BEACON LARGE CAP INVESTOR P 2010-02-04 2010-02-04
57.471 PAS CORE INCOME FUND OF FUNDS P 2009-12-15 2010-05-17
294.842 EATON VANCE LARGE-CAP VALUE CL A P 2010-02-04 2010-08-09
50.190 CRM MID CAP VALUE INVESTOR SHARES P 2010-02-04 2010-11-09
50.038 CRM MID CAP VALUE INVESTOR SHARES P 2010-02-04 2010-10-21
104.042 CRM MID CAP VALUE INVESTOR SHARES P 2010-02-04 2010-09-20
62.222 CRM MID CAP VALUE INVESTOR SHARES P 2010-02-04 2010-06-08
83.804 VICTORY DIVERSIFIED STOCK CLASS A P 2010-02-04 2010-02-04
3.184 SELECTED AMERICAN SHARES CL S P 2010-02-04 2010-10-21
771.726 ROYCE PENNSYLVANIA FUND SERVICES CLASS P 2010-02-04 2010-02-04
57.725 T ROWE PRICE EQUITY INCOME ADVISOR CL P 2010-02-04 2010-11-09
59.145 T ROWE PRICE EQUITY INCOME ADVISOR CL P 2010-02-04 2010-10-21
110.803 T ROWE PRICE EQUITY INCOME ADVISOR CL P 2010-02-04 2010-09-20
103.499 T ROWE PRICE EQUITY INCOME ADVISOR CL P 2010-02-04 2010-06-08
114.790 T ROWE PRICE EQUITY INCOME ADVISOR CL P 2010-02-04 2010-04-05
293.209 RS VALUE FUND CL A P 2010-02-04 2010-08-09
26.201 RS VALUE FUND CL A P 2010-02-04 2010-05-17
375.412 PIMCO COMMODITY REAL RET STRAT ADMIN CL P 2010-02-04 2010-02-04
55.363 PIMCO HIGH YIELD ADMINISTRATIVE SHS P 2010-02-04 2010-02-04
83.632 METROPOLITAN WEST LOW DURATION M P 2010-02-04 2010-05-17
1.203 MARSICO FOCUS P 2009-12-18 2010-11-09
4.029 MANNAIN & NAPIER WORLD OPPT SER CL A P 2010-02-04 2010-09-20
162.562 LAZARD EMERGING MKTS OPEN CLASS P 2010-02-04 2010-11-09
238.861 LAZARD EMERGING MKTS OPEN CLASS P 2010-02-04 2010-10-21
467.302 JPMORGAN US LG CAP CORE PLUS SELECT SHS P 2010-02-04 2010-01-26
.456 JANUS FUND CLASS T SHARES P 2009-12-22 2010-12-06
105.469 HARTFORD CAPITAL APPRECIATION CL A P 2010-02-04 2010-09-20
96.703 HARTFORD CAPITAL APPRECIATION CL A P 2010-02-04 2010-08-09
57.448 HARTFORD CAPITAL APPRECIATION CL A P 2010-02-04 2010-04-05
31.293 HARBOR INTERNATIONAL ADMINISTRATIVE CL P 2010-02-04 2010-09-20
1.237 HARBOR INTERNATIONAL ADMINISTRATIVE CL P 2009-07-09 2010-05-17
96.282 JOHN HANCOCK CLASSIC VALUE CL A P 2010-02-04 2010-11-09
102.106 JOHN HANCOCK CLASSIC VALUE CL A P 2010-02-04 2010-10-21
99.744 JOHN HANCOCK CLASSIC VALUE CL A P 2010-02-04 2010-09-20
247.557 JOHN HANCOCK CLASSIC VALUE CL A P 2009-05-21 2010-05-17
231.239 GE INTERNATIONAL EQUITY SERVICE CL P 2010-02-04 2010-09-20
254.477 GE INTERNATIONAL EQUITY SERVICE CL P 2010-02-04 2010-08-09
61.287 GE INTERNATIONAL EQUITY SERVICE CL P 2010-02-04 2010-05-17
144.014 GE INTERNATIONAL EQUITY SERVICE CL P 2010-02-04 2010-04-05
119.552 FRANKLIN GOLD AND PRECIOUS METALS CL A P 2010-02-04 2010-02-04
27.490 FIDELITY SELECT GOLD P 2010-02-04 2010-05-17
102.622 FIDELITY DIVIDEND GROWTH P 2010-02-04 2010-09-20
98.482 FIDELITY DIVIDEND GROWTH P 2010-02-04 2010-08-09
105.914 FIDELITY DIVIDEND GROWTH P 2010-02-04 2010-06-08
4.052 FIDELITY DIVIDEND GROWTH P 2010-02-04 2010-05-17
158.730 STRATEGIC ADVISERS VALUE FUND P 2009-12-15 2010-12-06
215.517 STRATEGIC ADVISERS GROWTH FUND P 2010-06-08 2010-12-16
49.456 STRATEGIC ADVISIOS CORE FUND P 2010-01-26 2010-05-17
WASH SALE P 2010-01-26  
329.087 STRATEGIC ADVISIOS CORE FUND P 2010-01-26 2010-02-04
1380.645 PAS INTERNATIONAL FUND OF FUNDS P 2010-02-04 2010-02-04
88.367 FIDELITY LOW PRICED STOCK P 2010-02-04 2010-02-04
27.222 FIDLITY GROWTH COMPANY P 2010-02-04 2010-02-04
133.929 FIDELITY HIGH INCOME P 2010-02-04 2010-12-06
122.631 FIDELITY HIGH INCOME P 2010-02-04 2010-10-21
113.636 FIDELITY HIGH INCOME P 2010-02-04 2010-09-20
194.954 FIDELITY HIGH INCOME P 2010-02-04 2010-08-09
174.622 FIDELITY HIGH INCOME P 2010-02-04 2010-05-17
115.207 FIDELITY HIGH INCOME P 2010-02-04 2010-04-05
746.369 FIDELITY SHORT TERM BOND P 2010-02-04 2010-02-04
2.111 FIDELITY ADVISOR NEW INSIGHT CL 1 P 2009-12-23 2010-10-21
300.282 STRATEGIC ADVISERS VALUE FUND P 2010-02-04 2010-02-04
323.084 FIDELITY EMERGING MARKETS P 2010-02-04 2010-02-04
235.527 FIDELITY INT'L DISCOVERY P 2010-02-04 2010-02-04
37.301 FIDELITY INT'L DISCOVERY P 2009-07-09 2010-01-26
187.018 AMERICAN EUROPACIFIC GROWTH CL F1 P 2010-02-04 2010-02-04
WASH SALE P 2010-02-04  
126.984 EATON VANCE LARGE-CAP VALUE CL A P 2010-02-04 2010-06-08
129.870 EATON VANCE LARGE-CAP VALUE CL A P 2010-02-04 2010-05-17
183.130 EATON VANCE LARGE-CAP VALUE CL A P 2010-02-04 2010-04-05
578.187 CREDIT SUISSE COMMD RETURN STRAT COM SHR P 2010-02-04 2010-06-08
5.509 CAUSWAY INTERNATIONAL VALUE INVESTOR P 2010-02-02 2010-12-16
12.878 WILLIAM BLAIR INT'L GROWTH CLASS N P 2010-02-04 2010-09-20
85.271 AMERICAN BEACON LARGE CAP INVESTOR P 2010-07-09 2010-02-04
56.134 ASTON/MONTAG & CALDWELL GROWTH CL N P 2010-02-04 2010-12-06
55.603 ASTON/MONTAG & CALDWELL GROWTH CL N P 2010-02-04 2010-11-09
91.623 ASTON/MONTAG & CALDWELL GROWTH CL N P 2010-02-04 2010-10-21
85.740 ASTON/MONTAG & CALDWELL GROWTH CL N P 2010-02-04 2010-09-20
82.835 ASTON/MONTAG & CALDWELL GROWTH CL N P 2010-02-04 2010-08-09
47.801 ASTON/MONTAG & CALDWELL GROWTH CL N P 2010-02-04 2010-06-08
102.652 ASTON/MONTAG & CALDWELL GROWTH CL N P 2010-02-04 2010-04-05
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 1,250     1,250
b 3,860   3,826 34
c 1,400   1,346 54
d 1,953   1,785 168
e 1,900   1,809 91
3,200   3,075 125
2,300   2,314 -14
3,700   3,651 49
1,200   1,156 44
1,600   1,532 68
2,200   2,163 37
1,500   1,495 5
1,100   1,085 15
21     21
1,500   1,521 -21
8,391   11,763 -3,372
7,100   7,086 14
1,900   1,816 84
1,500   1,435 65
6,701   7,098 -397
2,491   3,124 -633
2,500   3,161 -661
800   1,076 -276
1,100   1,319 -219
1,554   1,297 257
1,600   1,403 197
2,000   1,841 159
1,600   1,484 116
2,100   2,110 -10
1,000   1,001 -1
2,391   2,193 198
2,600   2,391 209
800   782 18
400   378 22
2,167   1,845 322
2,000   1,825 175
1,300   1,220 80
1,500   1,474 26
2,700   2,334 366
1,000   933 67
5,961   4,494 1,467
4,561   4,735 -174
1,400   1,416 -16
2,618   2,419 199
2,700   2,559 141
5,000   4,970 30
3,600   3,662 -62
3,100   3,326 -226
1,600   1,712 -112
2,707   2,679 28
2,400   2,559 -159
4,400   4,747 -347
1,300   1,513 -213
5,600   6,318 -718
1,000   1,093 -93
4,525   4,928 -403
2,200   2,342 -142
674   587 87
2,800   2,459 341
1,738   1,669 69
1,500   1,283 217
6,308   6,916 -608
1,800   1,920 -120
1,099   924 175
1,800   1,558 242
1,900   1,682 218
1,300   971 329
1,000   815 185
13,186   14,642 -1,456
9,715   10,645 -930
2,400   2,317 83
2,000   1,928 72
9,822   10,033 -211
2,554   2,607 -53
2,500   2,645 -145
2,400   2,631 -231
1,300   1,503 -203
1,200   1,273 -73
3     3
5,800   6,689 -889
1,100   1,014 86
1,500   1,396 104
2,600   2,441 159
2,700   2,609 91
17,463   15,936 1,527
2,516   2,531 -15
2,600   2,663 -63
700   768 -68
1,300   1,275 25
1,000   1,034 -34
2,506   2,888 -382
2,800   3,437 -637
700   944 -244
1,300   1,557 -257
306     306
1,100   1,406 -306
2,252   2,373 -121
2,700   2,925 -225
1,000   1,190 -190
1,500   1,638 -138
207     207
1,000   1,207 -207
12,113   15,878 -3,765
600   588 12
4,909   4,713 196
1,332   1,149 183
1,300   1,145 155
2,600   2,382 218
1,400   1,424 -24
1,120   1,111 9
124   114 10
6,884   5,900 984
1,301   1,161 140
1,300   1,189 111
2,400   2,228 172
2,100   2,081 19
2,600   2,308 292
6,574   5,967 607
600   533 67
2,902   4,068 -1,166
492   521 -29
700   684 16
21   18 3
33   30 3
3,617   2,835 782
5,200   4,166 1,034
8,309   6,264 2,045
13   12 1
2,473   2,275 198
2,200   2,086 114
1,400   1,239 161
1,719   1,496 223
62   59 3
1,558   1,219 339
1,600   1,294 306
1,501   1,263 238
3,800   3,137 663
2,460   2,342 118
2,700   2,578 122
600   621 -21
1,600   1,459 141
4,208   3,607 601
1,300   1,040 260
2,520   2,313 207
2,400   2,221 179
2,400   2,388 12
100   91 9
2,100   1,929 171
2,500   2,282 218
500   479 21
56     56
3,100   3,182 -82
10,700   10,093 607
2,761   3,065 -304
1,761   1,930 -169
1,200   1,137 63
1,100   1,041 59
1,000   965 35
1,700   1,653 47
1,500   1,481 19
1,000   977 23
6,247   6,381 -134
40   41 -1
3,537   3,228 309
6,765   6,080 685
6,658   6,113 545
1,100   968 132
6,645   6,116 529
       
2,000   2,029 -29
2,200   2,075 125
3,300   2,926 374
4,400   4,591 -191
68   78 -10
262   276 -14
1,349   1,768 -419
1,338   1,204 134
1,300   1,192 108
2,100   1,964 136
1,900   1,838 62
1,800   1,776 24
1,000   1,025 -25
2,400   2,201 199
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       1,250
b       34
c       54
d       168
e       91
      125
      -14
      49
      44
      68
      37
      5
      15
      21
      -21
      -3,372
      14
      84
      65
      -397
      -633
      -661
      -276
      -219
      257
      197
      159
      116
      -10
      -1
      198
      209
      18
      22
      322
      175
      80
      26
      366
      67
      1,467
      -174
      -16
      199
      141
      30
      -62
      -226
      -112
      28
      -159
      -347
      -213
      -718
      -93
      -403
      -142
      87
      341
      69
      217
      -608
      -120
      175
      242
      218
      329
      185
      -1,456
      -930
      83
      72
      -211
      -53
      -145
      -231
      -203
      -73
      3
      -889
      86
      104
      159
      91
      1,527
      -15
      -63
      -68
      25
      -34
      -382
      -637
      -244
      -257
      306
      -306
      -121
      -225
      -190
      -138
      207
      -207
      -3,765
      12
      196
      183
      155
      218
      -24
      9
      10
      984
      140
      111
      172
      19
      292
      607
      67
      -1,166
      -29
      16
      3
      3
      782
      1,034
      2,045
      1
      198
      114
      161
      223
      3
      339
      306
      238
      663
      118
      122
      -21
      141
      601
      260
      207
      179
      12
      9
      171
      218
      21
      56
      -82
      607
      -304
      -169
      63
      59
      35
      47
      19
      23
      -134
      -1
      309
      685
      545
      132
      529
       
      -29
      125
      374
      -191
      -10
      -14
      -419
      134
      108
      136
      62
      24
      -25
      199
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,903
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 . . . . . . . . . . . . . 		Bracket 3  
Part 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?
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 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))
2009      
2008      
2007      
2006      
2005      
2 Total of line 1, column (d) ...................... 2  
3 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  
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
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 rate. See
the Part VI instructions on page 18.
Form 990-PF (2010)
Form 990-PF (2010)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 272
hereBulletand enter 1% 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  
3 Add lines 1 and 2............................ 3 272
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 272
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. 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.......Bullet 9 272
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet0 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
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)?.............................
1b
 
No
If the answer is “Yes” to 1a 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
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
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
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
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
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bullet
    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
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    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) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJENNIFER PACELLI Telephone no.bullet (203) 459-8618
    Located atbullet67 MOOSEHILL ROADTRUMBULLCT ZIP+4bullet06611
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    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
    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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?.................
    (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.).........
    b
    If any answer is “Yes” to 1a(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 20 of the instructions)?...
    1b
     
    No
    .........bullet
    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 2010?.............
    1c
     
    No
    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 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 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 2010.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    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 jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    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))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (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)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    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
     
    No
    .........bullet
    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?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    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 transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    KENNETH REYNOLDS CO K WILSON Director
    0.00     		0    
    352 CHAPMAN ROAD
    PROCTORSVILLE,VT05153
    MARGARET M SMITH Secretary
    0.00     		0    
    57 Route 4A
    Enfield,NH03748
    WENDELL M SMITH President & CEO
    0.00     		0    
    57 Route 4A
    Enfield,NH03748
    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 week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    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 number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the 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...................
    1a
    530,444
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    530,444
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d..........................
    3
    530,444
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    7,957
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    522,487
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    26,124
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    26,124
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    272
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    272
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    25,852
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    25,852
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    25,852
    Part XII
    Qualifying Distributions (see page 25 of the 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 ..........
    1a
    38,400
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    38,400
    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 (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    38,400
    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 section 4940(e) reduction of tax in those years.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2009     		(c)
    2009     		(d)
    2010
    1 Distributable amount for 2010 from Part XI, line 7 25,852
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008....... 1,280
    e From 2009....... 2,268
    fTotal of lines 3a through e......... 3,548
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 38,400
    a Applied to 2009, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2010 distributable amount..... 25,852
    e Remaining amount distributed out of corpus 12,548
    5 Excess distributions carryover applied to 2010.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 16,096
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		16,096
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008.... 1,280
    d Excess from 2009.... 2,268
    e Excess from 2010.... 12,548
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    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 2c ....     		         
    3 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 qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList 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).)
    WENDELL M SMITH
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    WENDELL M SMITH
    67 MOOSEHILL ROAD
    TRUMBULL,CT06611
    (203) 459-8618
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN
    cAny submission deadlines:
     
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CHARITABLE. EDUCATIONAL, RELIGIOUS AND OR SCIENTIFIC
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Enfield Village Association
    PO Box 763
    ENFIELD,NH03748     		  501(C)(3) GENERAL DONATION 1,000
    Click It For Cassie
    576 Post Road
    DARIEN,CT06820     		  501(C)(3) GENERAL DONATION 500
    Prouty Friends of the Norris Cotton
    One Medical Center Drive
    LEBANON,NH03756     		  501(C)(3) POUTY RACE SCHOLLARSHIP 1,000
    TRUMBULL ACE FOUNDATION
    6254 MAIN STREET
    TRUMBULL,CT06611     		  501(C)(3) GENERAL DONATION 1,000
    BLACK RIVER GOOD NEIGHBOR SERVICES
    105 MAIN STREET
    LUDLOW,VT05149     		  501(C)(3) GENERAL DONATION 1,000
    BERMUDA MARITIME MUSEUM
    PO BOX MA 133
    SANDYS PARISH,PO BOX MA 133, SANDYMA BX
    BD     		  501(C)(3) GENERAL DONATION 1,000
    THAYER SCHOOL OF ENGINEERING
    8000 CUMMINGS HALL
    HANOVER,NH03755     		  501(C)(3) PARTNERS IN INNOVATION 5,000
    MALTA HOUSE
    5 PROWITT STREET
    NORWALK,CT06855     		  501(C)(3) HOPE FOR LIFE CAMPAIGN 1,000
    CAVENDISH COMMUNITY CONSERVATION AS
    PO BOX 605
    CAVENDISH,VT05142     		  501(C)(3) GENERAL DONATION 500
    ENFIELD SHAKER MUSEUM
    447 NH ROUTE 4A
    ENFIELD,NH03748     		  501(C)(3) ANNUAL APPEAL 15,000
    FIRST CONGREGATIONAL CHURCH
    PO BOX 230
    LEBANON,NH03766     		  501(C)(3) ANNUAL PLEDGE 6,000
    TRUMBULL HIGH SCHOOL MARCHING BAND
    72 STROBEL ROAD
    TRUMBULL,CT06611     		  501(C)(3) OPERATING BUDGET 500
    UNIVERSITY OF CONNECTICUT
    2390 ALUMNI DRIVE UNIT 3206
    STORRS,CT06269     		  501(C)(3) PRESIDENT'S FUND 500
    UNITED CHURCH OF ROWAYTON
    210 ROWAYTON AVENUE
    ROWAYTON,CT06853     		  501(C)(3) ANNUAL PLEDGE 100
    STAMFORD ART ASSOCIATION
    39 FRANKLIN STREET
    STAMFORD,CT06901     		  501(C)(3) OPERATING BUDGET 100
    MORROW MEM UNITED METHODIST CH
    600 RIDGEWOOD ROAD
    MAPLEWOOD,NJ07040     		  501(C)(3) J HENRY SMITH SCHOLARSHIP FUND 100
    LUDOLW TEEN CENTER
    106 MAIN STREET
    LUDLOW,VT05149     		  501(C)(3) PROGRAMS AND ACTIVITIES 1,000
    HOLY TRINITY CHURCH
    PO BOX CR 186
    CRAWL,PO BOX CR 186CRAWL CRBX
    BD     		  501(C)(3) ANNUAL PLEDGE 100
    DARTMOUTH COLLEGE
    6066 DEVELOPEMENT OFFICE
    HANOVER,NH03755     		  501(C)(3) COLLEGE FUND 500
    CHILDREN'S CONNECTION
    ONE PARK STREET
    NORWALK,CT06851     		  501(C)(3) FIGHT AGAINST ABUSE AND VIOLENCE 1,000
    CAMP HORIZIN INC
    PO BOX 323
    SOUTH WINDHAM,CT06266     		  501(C)(3) CAMPAIGN FOR CAMPERS 1,000
    BERMUDA BIOLOGICSTA FOR RESEA
    FERRY REACH ST GEOR
    ST GEORGE'S,FERRY REACH, ST GEORBE 01
    BD     		  501(C)(3) NEW HORIZON CAMPAIGN 500
    Total .................................bullet 3a 38,400
    bApproved for future payment
    Total ..................................bullet 3b  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 37  
    4 Dividends and interest from securities....     14 13,504  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory         3,903
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aRETURN OF CAPITAL     14    
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   13,541 3,903
    13Total. Add line 12, columns (b), (d), and (e)...................
    1317,444
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    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 noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    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 sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    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 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2010)
    Additional Data


    Software ID: 10000105
    Software Version: 2010v3.2


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 AccountingFeesSchedule
    Name:
    THE WENDELL M SMITH FOUNDATION
    EIN: 22-3045019
    Software ID:10000105
    Software Version:2010v3.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 3,100 0 0 0

    TY 2010 OtherAssetsSchedule
    Name:
    THE WENDELL M SMITH FOUNDATION
    EIN: 22-3045019
    Software ID:10000105
    Software Version:2010v3.2
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Rounding   2  


    TY 2010 OtherDecreasesSchedule
    Name:
    THE WENDELL M SMITH FOUNDATION
    EIN: 22-3045019
    Software ID:10000105
    Software Version:2010v3.2
    Description Amount
    UNREALIZED GAIN 12/31/2009 7,934
    OTHER 6
    BOOK VS TAX CONTRIBUTIONS 2,300


    TY 2010 OtherExpensesSchedule
    Name:
    THE WENDELL M SMITH FOUNDATION
    EIN: 22-3045019
    Software ID:10000105
    Software Version:2010v3.2
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 3,839 3,839    


    TY 2010 OtherIncreasesSchedule
    Name:
    THE WENDELL M SMITH FOUNDATION
    EIN: 22-3045019
    Software ID:10000105
    Software Version:2010v3.2
    Description Amount
    UNREALIZED GAIN 12/31/2010 47,982


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    THE WENDELL M SMITH FOUNDATION
    EIN: 22-3045019
    Software ID:10000105
    Software Version:2010v3.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 3,000 0 0 0


    TY 2010 TaxesSchedule
    Name:
    THE WENDELL M SMITH FOUNDATION
    EIN: 22-3045019
    Software ID:10000105
    Software Version:2010v3.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX WITHHELD 26 26    
    FEDERAL TAX PAID 140