Form990-PF

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
NICHOLAS AND ANNA K BOURAS
FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)25 DE FOREST AVENUE   Room/suite
City or town, state, and ZIP code
SUMMIT, NJ07901
A Employer identification number

22-3591803
B Telephone number (see page 10 of the instructions)

(908) 918-9400
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$56,517,898J 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 4,403 4,403  
4 Dividends and interest from securities...... 5,224,296 5,224,296  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -283,448
b Gross sales price for all assets on line 6a 20,293,142
7 Capital gain net income (from Part IV, line 2)...  
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........ 4,945,251 5,228,699  
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)......... Click to see attachment 1,887     1,887
b Accounting fees (attach schedule)....... Click to see attachment 35,412     35,412
c Other professional fees (attach schedule).... Click to see attachment 402,627 402,627    
17 Interest............... 15,129     15,129
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 100,280     100,280
19 Depreciation (attach schedule) and depletion... Click to see attachment 26,859    
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 25,548     25,548
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 607,742 402,627   178,256
25 Contributions, gifts, grants paid........ 9,127,835 9,127,835
26 Total expenses and disbursements. Add lines 24 and 25 9,735,577 402,627   9,306,091
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,790,326
b Net investment income (if negative, enter -0-) 4,826,072
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...............      
2 Savings and temporary cash investments.......... 3,890,286 7,012,206 7,012,206
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) 2,160,440 Click to see attachment3,012,365 3,149,759
b Investments—corporate stock (attach schedule)........ 13,224,718 Click to see attachment17,921,155 17,765,014
c Investments—corporate bonds (attach schedule)........ 21,030,075 Click to see attachment16,185,122 17,006,072
11 Investments—land, buildings, and equipment: basis bullet476,543
Less: accumulated depreciation (attach schedule) bullet87,169 416,232 Click to see attachment389,374 389,373
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 19,838,827 Click to see attachment11,236,943 11,112,359
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment70,028 Click to see attachment83,115 Click to see attachment83,115
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 60,630,606 55,840,280 56,517,898
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 60,630,606 55,840,280
30 Total net assets or fund balances (see page 17 of the
instructions).................... 60,630,606 55,840,280
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 60,630,606 55,840,280
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 60,630,606
2 Enter amount from Part I, line 27a...................... 2 -4,790,326
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 55,840,280
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 55,840,280
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 MS EQ LINN ENERGY 600 P 2008-12-29 2000-12-21
b MS EQ HALLIBURTON 250 P 2009-12-22 2010-02-05
c MS FI FNMA P 2007-12-13 2010-02-18
d MS EQ HARRIS 500 P 2009-12-07 2010-03-12
e MS EQ MERCK 600 P 2010-01-14 2010-04-14
MS FI CONOCO PHILLIPS P 2009-09-23 2010-05-10
MS EQ INFLATION PROTECTED 100 P 2010-05-14 2010-05-26
MS EQ JOHNSON AND JOHNSON 600 P 2010-01-12 2010-06-16
MS FI LEGG MASON SMASH P 2007-10-11 2010-07-07
SCH MSFT 2390 P 2010-06-30 2010-07-13
MS FI HOUSEHOLD FINANCE P 2009-09-22 2010-09-23
MS EQ CVS 1500 P 2010-09-28 2010-11-02
MS FI FNMA P 2009-04-23 2010-11-05
SCH LSBDX 31384.53 P 2009-01-01 2010-11-30
MS FI GOLDMAN SACHS P 2010-03-03 2010-12-10
MS FI VERIZON COMMUNICATIONS P 2009-02-10 2010-12-10
MS EQ AMERICAN EXPRESS 500 P 2009-03-18 2010-01-06
MS EQ HALLIBURTON 600 P 2010-01-08 2010-02-05
MS FI FNMA P 2008-01-09 2010-02-18
MS EQ YAHOO 1200 P 2009-12-28 2010-03-24
MS EQ CHINA MOBILE 600 P 2010-04-09 2010-04-26
MS FI CONOCO PHILLIPS P 2010-04-07 2010-05-10
MS EQ INFLATION PROTECTED 50 P 2009-10-27 2010-05-26
MS EQ GENERAL MILLS 200 P 2010-01-29 2010-06-30
MS EQ VALE 1000 P 2010-05-26 2010-07-12
SCH PZZI 37458 P 2010-06-30 2010-07-13
MS EQ HARTFORD 3508.772 P 2010-06-03 2010-09-29
MS EQ AMGEN 700 P 2010-06-24 2010-11-04
MS FI FNMA P 2009-05-15 2010-11-05
SCH PTTRX 28198.4330 P 2008-11-26 2010-11-30
MS FI HALLIBURTON P 2010-10-15 2010-12-10
MS FI WACHOVIA BANK P 2009-08-12 2010-12-10
MS EQ AMERICAN EXPRESS 500 P 2009-04-08 2010-01-06
MS EQ HALLIBURTON 650 P 2009-12-17 2010-02-05
MS FI FNMA P 2008-01-28 2010-02-18
NEWCASTLE PARTNERSHIP P 2007-08-01 2010-03-31
MS FI WYETH P 2008-06-02 2010-04-29
MS FI CONOCO PHILLIPS P 2007-07-11 2010-05-10
MS EQ ISHARES 250 P 2009-10-20 2010-05-26
MS EQ GENERAL MILLS 600 P 2009-12-22 2010-06-30
SCH ACXIOM 7722 P 2010-06-30 2010-07-13
SCH SLI 3510 P 2010-06-30 2010-07-13
MS EQ HARTFORD 4066 P 2010-08-19 2010-09-29
MS FI FNMA P 2009-11-10 2010-11-05
MS FI FNMA P 2009-06-09 2010-11-05
MS EQ EBAY 1000 P 2010-10-27 2010-12-06
MS FI JP MORGAN P 2010-08-17 2010-12-10
MS EQ CREE 200 P 2010-11-17 2010-12-14
MS FI XTO ENERGY P 2009-10-19 2010-01-06
SCH CFIMX 162.5720 P 2008-11-26 2010-02-17
MS FI FNMA P 2008-05-07 2010-02-18
MS EQ POWERSHARES 1000 P 2009-11-03 2010-04-01
MS EQ GOLDMAN SACHS 200 P 2010-04-14 2010-04-30
MS FI CONOCO PHILLIPS P 2007-10-11 2010-05-10
MS EQ ISHARES 3000 P 2010-03-03 2010-05-26
MS EQ GENERAL MILLS 600 P 2010-01-12 2010-06-30
SCH ARGO GROUP 2761 P 2010-06-30 2010-07-13
SCH VIAB 277 P 2010-06-30 2010-07-13
LUSMAN PARTNERSHIP P 2007-07-01 2010-09-30
MS FI FNMA P 2009-11-10 2010-11-05
MS FI FNMA P 2009-07-09 2010-11-05
MS FI AMERICAN EXPRESS P 2009-06-25 2010-12-10
MS FI LEGG MASON SMASH P 2007-10-11 2010-12-10
MS EQ CREE 200 P 2010-11-23 2010-12-14
MS EQ PETROBAS 500 P 2009-10-08 2010-01-11
SCH FAIRX 1396.0830 P 2008-11-26 2010-02-17
MS FI FNMA P 2008-08-27 2010-02-18
MS EQ TR BULLISH FUND 100 P 2009-11-25 2010-04-01
MS FI JP MORGAN P 2009-07-10 2010-05-05
MS FI LEGG MASON SMASH P 2007-08-17 2010-05-14
MS FI TIME WARNER CABLE P 2009-03-25 2010-05-26
MS EQ HEWLETT PACKARD 150 P 2009-01-07 2010-07-01
SCH BELO 13373 P 2010-06-30 2010-07-13
MS EQ EXPRESS SCRIPTS 700 P 2010-06-16 2010-07-22
MS EQ CGMI 300 P 2010-09-21 2010-10-07
MS FI FNMA P 2010-03-16 2010-11-05
MS FI FNMA P 2009-08-28 2010-11-05
MS FI ANHEUSER-BUSCH P 2010-06-02 2010-12-10
MS FI LEGG MASON SMASH P 2007-07-11 2010-12-10
MS EQ CREE 400 P 2010-11-16 2010-12-14
MS EQ WALT DISNEY 400 P 2009-12-10 2010-01-14
SCH LLPFX 5258.2950 P 2008-11-26 2010-02-17
MS FI FNMA P 2009-02-09 2010-02-18
MS EQ TR BULLISH FUND 400 P 2009-11-12 2010-04-01
MS FI JP MORGAN P 2009-09-24 2010-05-05
MS FI LEGG MASON SMASH P 2007-10-11 2010-05-14
MS FI MC DONALDS P 2009-09-29 2010-06-02
MS EQ HEWLETT PACKARD 200 P 2009-12-22 2010-07-01
SCH BERKSHIRE HATHAWAY 552 P 2010-06-30 2010-07-13
MS FI COMCAST P 2009-09-24 2010-07-23
MS EQ INTUITIVE SURGICAL 100 P 2009-03-04 2010-10-07
MS FI FNMA P 2010-03-29 2010-11-05
MS FI FNMA P 2009-09-28 2010-11-05
MS FI AT&T P 2009-01-16 2010-12-10
MS FI LEGG MASON SMASH P 2007-07-11 2010-12-10
MS EQ RANGE RESOURCES 300 P 2010-11-09 2010-12-14
MS EQ WALT DISNEY 400 P 2009-12-15 2010-01-14
SCH PHIYX 1693 P 2010-01-01 2010-02-17
MS FI FNMA P 2007-12-11 2010-02-19
MS EQ CHUBB 100 P 2009-06-22 2010-04-06
MS FI JP MORGAN P 2009-02-25 2010-05-05
MS FI KINDER MORGAN P 2010-01-06 2010-05-17
MS FI MC DONALDS P 2008-02-27 2010-06-02
MS EQ HEWLETT PACKARD 350 P 2009-07-31 2010-07-01
SCH CENVEO 10226 P 2010-06-30 2010-07-13
MS FI COMCAST P 2009-04-28 2010-07-23
MS EQ OPENTABLE 300 P 2010-09-16 2010-10-07
MS FI FNMA P 2010-06-17 2010-11-05
MS FI US TREASURY NOTES P 2009-12-10 2010-11-05
MS FI BARRICK GOLD P 2010-05-21 2010-12-10
MS FI MERRILL LYNCH P 2010-06-15 2010-12-10
MS EQ SEMICONDUCTOR 2000 P 2010-11-04 2010-12-14
MS EQ APPLE 100 P 2009-02-12 2010-01-15
SCH PHIYX 18064.5770 P 2009-01-01 2010-02-17
MS FI US TREASURY BOND P 2009-02-05 2010-02-24
MS EQ CHUBB 200 P 2009-07-24 2010-04-06
MS EQ GENERAL ELECTRIC 1800 P 2010-03-16 2010-05-06
SCH OHYFX 9283.7280 P 2009-01-01 2010-05-18
MS EQ PROSHARES 200 P 2010-06-03 2010-06-14
MS EQ VEECO 800 P 2010-03-11 2010-07-01
SCH CVS 2483 P 2010-06-30 2010-07-13
MS FI BEAR STEARNS P 2007-11-27 2010-08-17
MS EQ VMWARE 300 P 2010-08-19 2010-10-07
MS FI FNMA P 2010-07-08 2010-11-05
MS EQ FLEXTRONICS 6000 P 2010-10-07 2010-11-10
MS FI COMCAST P 2010-07-23 2010-12-10
MS FI ROYAL BANK OF SCOTLAND P 2010-11-18 2010-12-10
MS FI US TREASURY NOTES P 2009-12-10 2010-12-15
MS EQ APPLE 100 P 2009-03-18 2010-01-15
MS FI FNMA P 2009-04-23 2010-02-18
MS FI GOLDMAN SACHS P 2009-09-02 2010-03-03
MS EQ CHUBB 200 P 2009-03-30 2010-04-06
MS EQ GOOGLE 35 P 2009-05-21 2010-05-06
SCH PRHYX 22165.5140 P 2010-01-01 2010-05-18
MS EQ PROSHARES 300 P 2010-05-27 2010-06-14
MS EQ VMWARE 400 P 2010-06-03 2010-07-01
SCH FPNIX 17465.0180 P 2010-06-30 2010-07-13
MS FI BB&T P 2010-04-29 2010-08-19
MS EQ VMWARE 50 P 2010-09-09 2010-10-07
MS FI FNMA P 2010-08-23 2010-11-05
MS EQ WESTERN 2000 P 2010-10-18 2010-11-10
MS FI CVS P 2010-05-17 2010-12-10
MS FI TIME WARNER CABLE P 2010-05-26 2010-12-10
MS FI US TREASURY NOTES P 2010-02-18 2010-12-20
MS EQ APPLE 200 P 2009-07-24 2010-01-15
MS FI FNMA P 2009-05-15 2010-02-18
MS EQ AMERICAN TOWER 600 P 2010-01-20 2010-03-08
MS EQ CHICAGO BRIDGE & IRON 1000 P 2010-03-16 2010-04-09
MS EQ GOOGLE 65 P 2009-02-12 2010-05-06
SCH PRHYX 50968.916 P 2009-01-01 2010-05-18
MS EQ PROSHARES 700 P 2010-05-10 2010-06-14
NEW CASTLE K-1 P 2010-01-01 2010-07-01
SCH GME 3259 P 2010-06-30 2010-07-13
MS EQ METLIFE 800 P 2010-03-11 2010-08-23
MS FI FNMA P 2010-05-11 2010-10-07
MS FI FNMA P 2010-09-15 2010-11-05
MS FI US TREASURY NOTES P 2009-12-10 2010-11-10
MS FI FHLM P 2010-10-07 2010-12-10
MS FI US TREASURY BOND P 2009-02-05 2010-12-10
MS FI US TREASURY NOTES P 2010-02-18 2010-12-20
MS EQ CHUBB -11 P 2009-11-04 2010-01-19
MS FI FNMA P 2009-06-09 2010-02-18
MS EQ CHESAPEAKE ENERGY 700 P 2009-11-25 2010-03-08
MS EQ 3 COM 2000 P 2009-10-07 2010-04-12
MS EQ L3 COMMUNICATIONS 300 P 2009-12-07 2010-05-06
SCH RDISX 2871.6520 P 2010-01-01 2010-05-18
MS EQ POWERSHARES 500 P 2009-11-25 2010-06-15
NEW CASTLE K-1 P 2009-01-01 2010-07-01
SCH HALL 78480 P 2010-06-30 2010-07-13
MS EQ VANGUARD 1403.181 P 2010-05-26 2010-08-30
MS EQ HEWLETT PACKARD 1000 P 2010-09-29 2010-10-08
MS FI FNMA P 2010-10-08 2010-11-05
MS FI ROYAL BANK OF SCOTLAND P 2010-09-23 2010-11-18
MS FI FNMA P 2010-02-24 2010-12-10
MS FI US TREASURY NOTES P 2009-12-10 2010-12-10
MS EQ PROCTOR&GAMBLE 300 P 2010-02-09 2010-12-29
MS EQ LINN ENERGY 400 P 2009-02-12 2010-01-22
MS FI FNMA P 2009-07-09 2010-02-18
MS EQ CHESAPEAKE ENERGY 900 P 2009-08-13 2010-03-08
MS EQ 3 COM 2000 P 2009-10-09 2010-04-12
MS EQ L3 COMMUNICATIONS 300 P 2009-12-14 2010-05-06
SCH RDISX 4554.8450 P 2009-01-01 2010-05-18
MS EQ TR BULLISH FUND 1000 P 2009-12-11 2010-06-15
MS EQ VEECO 300 P 2010-03-16 2010-07-06
SCH JPMORGAN 51188.373 P 2010-06-30 2010-07-13
MS EQ VANGUARD 2806.361 P 2010-02-09 2010-08-30
MS FI CONOCO PHILLIPS P 2010-05-10 2010-10-15
MS FI FNMA P 2007-12-11 2010-11-05
MS EQ LINN ENERGY 500 P 2009-02-12 2010-11-22
MS FI FNMA P 2010-11-05 2010-12-10
MS FI US TREASURY NOTES P 2010-02-18 2010-12-10
MS EQ PROCTOR&GAMBLE 300 P 2010-12-15 2010-12-29
MS EQ GOOGLE -1 P 2009-12-16 2010-01-25
MS FI FNMA P 2009-08-28 2010-02-18
MS EQ CHESAPEAKE ENERGY 900 P 2009-09-10 2010-03-08
MS EQ 3 COM 4000 P 2009-09-29 2010-04-12
MS EQ AMERICAN CAPITAL 3000 P 2010-04-06 2010-05-10
MS FI UNITED TECHNOLOGIES P 2009-09-11 2010-05-21
MS EQ TR BULLISH FUND 500 P 2010-05-26 2010-06-15
MS EQ VEECO 400 P 2010-04-05 2010-07-06
SCH LINTA 7570 P 2010-06-30 2010-07-13
MS EQ VANGUARD 933.707 P 2010-05-24 2010-08-30
PINNACLE FRAMES P 2010-06-30 2010-10-15
MS FI FNMA P 2008-02-22 2010-11-05
MS EQ HOME DEPOT 1000 P 2010-09-21 2010-11-24
MS FI FNMA P 2010-11-05 2010-12-10
MS FI US TREASURY NOTES P 2010-02-18 2010-12-10
MS EQ PROCTOR&GAMBLE 400 P 2010-12-17 2010-12-29
MS EQ FREEPORT MCMORAN -5 P 2009-12-16 2010-01-26
MS FI FNMA P 2009-09-28 2010-02-18
MS EQ CHUBB 600 P 2009-03-30 2010-03-12
MS EQ MERCK 200 P 2010-01-29 2010-04-14
MS EQ CIENA 3000 P 2010-04-13 2010-05-10
MS EQ INFLATION PROTECTED 100 P 2009-11-10 2010-05-26
MS FI MERRILL LYNCH P 2008-05-01 2010-06-15
MS EQ VALE 200 P 2010-03-23 2010-07-07
SCH MEDQ 20964 P 2010-06-30 2010-07-13
MS EQ CGMI 500 P 2010-04-15 2010-09-02
MS EQ TEVA 600 P 2010-09-09 2010-10-26
MS FI FNMA P 2008-07-08 2010-11-05
MS EQ MONSANTO CO 800 P 2010-10-11 2010-11-24
MS FI FNMA P 2008-10-02 2010-12-10
MS FI US TREASURY NOTES P 2009-07-22 2010-12-10
MS EQ PROCTOR&GAMBLE 400 P 2010-12-20 2010-12-29
MS EQ FREEPORT MCMORAN 500 P 2009-02-12 2010-01-28
MS FI FNMA P 2009-11-10 2010-02-18
MS EQ HARRIS 300 P 2009-12-22 2010-03-12
MS EQ MERCK 400 P 2010-01-19 2010-04-14
MS EQ JDS UNIPHASE 3000 P 2009-11-27 2010-05-10
MS EQ INFLATION PROTECTED 100 P 2009-11-27 2010-05-26
MS FI MERRILL LYNCH P 2009-05-01 2010-06-15
MS EQ VALE 600 P 2010-04-01 2010-07-07
SCH MFW 5079 P 2010-06-30 2010-07-13
MS EQ INTEL 1000 P 2010-03-23 2010-09-02
MS EQ APPLE 50 P 2010-06-01 2010-11-02
MS FI FNMA P 2008-08-27 2010-11-05
SCH FPINX 27779.4670 P 2009-01-01 2010-11-30
MS FI GENERAL ELECTRIC P 2008-01-17 2010-12-10
MS FI US TSY INFALTION INDEX P 2007-07-12 2010-12-10
PINE GROVE K-1 P 2009-01-01 2010-12-31
(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 16,015   8,424 7,591
b 7,034   7,537 -503
c 510,112   480,533 29,579
d 22,631   23,085 -454
e 21,786   23,766 -1,980
7,510   7,449 61
10,561   10,666 -105
35,399   38,673 -3,274
147,273   169,398 -22,125
60,075   54,992 5,083
151,361   144,099 7,262
46,305   47,384 -1,079
55,688   54,675 1,013
435,625   308,474 127,151
9,186   8,900 286
6,815   6,189 626
19,050   7,035 12,015
16,882   20,195 -3,313
154,598   148,742 5,856
19,260   20,216 -956
30,522   30,706 -184
7,510   7,503 7
5,280   5,169 111
7,126   7,187 -61
25,080   26,461 -1,381
68,259   70,963 -2,704
30,561   30,000 561
38,990   39,709 -719
81,145   79,652 1,493
323,950   290,759 33,191
4,573   4,847 -274
7,695   7,167 528
19,050   7,950 11,100
18,289   19,555 -1,266
15,039   14,606 433
2,308,905   3,000,000 -691,095
148,369   135,757 12,612
86,907   78,346 8,561
26,402   26,143 259
21,378   21,250 128
108,027   113,438 -5,411
41,809   42,122 -313
35,415   35,171 244
51,975   51,414 561
63,643   60,188 3,455
29,526   29,040 486
5,854   6,096 -242
13,496   11,288 2,208
143,814   136,537 7,277
8,975   6,600 2,375
30,077   28,727 1,350
23,680   22,770 910
29,217   36,939 -7,722
53,646   48,995 4,651
28,410   30,450 -2,040
21,378   21,382 -4
86,934   84,463 2,471
9,528   8,695 833
2,541,142   3,000,000 -458,858
1,061   1,049 12
68,947   67,081 1,866
9,007   8,230 777
76,000   86,908 -10,908
13,496   11,732 1,764
23,950   23,829 121
44,175   28,684 15,491
34,890   32,645 2,245
2,368   2,203 165
26,542   26,304 238
5,338   5,854 -516
145,648   126,590 19,058
6,396   5,757 639
86,350   76,090 10,260
30,030   37,188 -7,158
18,882   19,845 -963
31,822   31,324 498
49,854   48,453 1,401
10,832   10,459 373
104,000   111,708 -7,708
26,992   22,136 4,856
12,404   12,500 -96
125,175   77,581 47,594
3,008   2,941 67
9,472   9,074 398
30,625   30,392 233
147,742   170,538 -22,796
5,562   5,442 120
8,529   10,495 -1,966
44,074   43,951 123
3,419   3,211 208
28,970   9,320 19,650
21,745   21,317 428
149,561   146,970 2,591
5,591   5,083 508
325,370   305,527 19,843
12,572   12,762 -190
12,404   12,906 -502
14,865   13,382 1,483
76,349   71,199 5,150
5,146   4,012 1,134
324,624   318,130 6,494
149,171   148,235 936
147,936   133,137 14,799
14,925   15,186 -261
59,717   56,039 3,678
152,737   133,079 19,658
18,882   19,500 -618
42,429   42,311 118
138,653   134,128 4,525
10,928   10,556 372
8,587   8,366 221
65,122   61,351 3,771
20,400   9,700 10,700
158,584   116,796 41,788
176,063   206,144 -30,081
10,293   9,014 1,279
30,599   32,633 -2,034
73,156   55,376 17,780
10,350   10,336 14
26,553   31,694 -5,141
75,924   72,789 3,135
155,250   130,343 24,907
22,590   23,728 -1,138
156,986   156,863 123
42,016   36,660 5,356
9,450   9,569 -119
5,866   6,029 -163
441,033   432,894 8,139
20,400   10,132 10,268
43,311   43,126 185
148,365   145,152 3,213
10,293   8,174 2,119
17,406   13,882 3,524
144,491   139,437 5,054
15,525   15,555 -30
24,556   28,099 -3,543
191,921   191,513 408
167,914   160,371 7,543
3,765   4,265 -500
124,634   124,963 -329
13,360   12,962 398
10,559   10,208 351
10,252   10,060 192
77,573   75,037 2,536
40,799   31,859 8,940
66,170   65,896 274
25,471   26,526 -1,055
23,727   24,776 -1,049
32,325   23,270 9,055
326,541   239,294 87,247
36,224   34,755 1,469
351     351
63,738   61,231 2,507
30,066   33,708 -3,642
398,000   398,530 -530
33,943   33,869 74
168,894   164,039 4,855
22,056   22,706 -650
9,206   10,342 -1,136
462,809   442,306 20,503
2,536     2,536
32,484   31,944 540
17,918   17,457 461
15,800   10,700 5,100
26,924   24,827 2,097
40,519   35,252 5,267
12,515   11,013 1,502
1,091     1,091
830,609   780,875 49,734
15,210   15,000 210
41,149   42,259 -1,110
71,599   71,595 4
168,939   168,414 525
5,010   4,835 175
31,550   30,924 626
19,329   18,545 784
10,677   6,395 4,282
69,780   69,356 424
23,037   21,995 1,042
15,800   11,286 4,514
26,924   25,498 1,426
64,269   49,726 14,543
25,030   22,710 2,320
10,268   11,873 -1,605
398,050   339,644 58,406
30,421   30,000 421
173,167   157,450 15,717
275,787   245,821 29,966
18,300   7,994 10,306
46,687   47,766 -1,079
17,792   17,240 552
19,329   19,157 172
3,558   780 2,778
114,294   113,563 731
23,037   21,998 1,039
31,600   20,930 10,670
17,097   16,802 295
151,901   146,719 5,182
12,515   12,725 -210
13,690   18,427 -4,737
86,598   79,487 7,111
10,121   10,000 121
73,400   92,700 -19,300
119,331   106,580 12,751
31,277   31,060 217
59,134   61,817 -2,683
17,938   17,168 770
25,772   25,919 -147
2,735   425 2,310
33,687   33,739 -52
30,450   24,522 5,928
7,262   7,662 -400
49,121   54,166 -5,045
10,561   10,499 62
131,590   124,646 6,944
5,040   6,295 -1,255
169,827   169,778 49
9,105   12,105 -3,000
31,601   32,704 -1,103
131,529   114,584 16,945
48,003   41,590 6,413
5,644   5,108 536
15,146   14,537 609
25,772   26,087 -315
34,482   14,685 19,797
30,077   30,318 -241
13,579   13,943 -364
14,524   16,275 -1,751
34,526   22,769 11,757
10,561   10,619 -58
15,918   13,494 2,424
15,121   19,728 -4,607
141,198   137,648 3,550
18,210   22,502 -4,292
15,497   13,278 2,219
32,882   28,879 4,003
305,266   305,903 -637
3,933   3,896 37
23,158   18,712 4,446
    53,490 -53,490
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       7,591
b       -503
c       29,579
d       -454
e       -1,980
      61
      -105
      -3,274
      -22,125
      5,083
      7,262
      -1,079
      1,013
      127,151
      286
      626
      12,015
      -3,313
      5,856
      -956
      -184
      7
      111
      -61
      -1,381
      -2,704
      561
      -719
      1,493
      33,191
      -274
      528
      11,100
      -1,266
      433
      -691,095
      12,612
      8,561
      259
      128
      -5,411
      -313
      244
      561
      3,455
      486
      -242
      2,208
      7,277
      2,375
      1,350
      910
      -7,722
      4,651
      -2,040
      -4
      2,471
      833
      -458,858
      12
      1,866
      777
      -10,908
      1,764
      121
      15,491
      2,245
      165
      238
      -516
      19,058
      639
      10,260
      -7,158
      -963
      498
      1,401
      373
      -7,708
      4,856
      -96
      47,594
      67
      398
      233
      -22,796
      120
      -1,966
      123
      208
      19,650
      428
      2,591
      508
      19,843
      -190
      -502
      1,483
      5,150
      1,134
      6,494
      936
      14,799
      -261
      3,678
      19,658
      -618
      118
      4,525
      372
      221
      3,771
      10,700
      41,788
      -30,081
      1,279
      -2,034
      17,780
      14
      -5,141
      3,135
      24,907
      -1,138
      123
      5,356
      -119
      -163
      8,139
      10,268
      185
      3,213
      2,119
      3,524
      5,054
      -30
      -3,543
      408
      7,543
      -500
      -329
      398
      351
      192
      2,536
      8,940
      274
      -1,055
      -1,049
      9,055
      87,247
      1,469
      351
      2,507
      -3,642
      -530
      74
      4,855
      -650
      -1,136
      20,503
      2,536
      540
      461
      5,100
      2,097
      5,267
      1,502
      1,091
      49,734
      210
      -1,110
      4
      525
      175
      626
      784
      4,282
      424
      1,042
      4,514
      1,426
      14,543
      2,320
      -1,605
      58,406
      421
      15,717
      29,966
      10,306
      -1,079
      552
      172
      2,778
      731
      1,039
      10,670
      295
      5,182
      -210
      -4,737
      7,111
      121
      -19,300
      12,751
      217
      -2,683
      770
      -147
      2,310
      -52
      5,928
      -400
      -5,045
      62
      6,944
      -1,255
      49
      -3,000
      -1,103
      16,945
      6,413
      536
      609
      -315
      19,797
      -241
      -364
      -1,751
      11,757
      -58
      2,424
      -4,607
      3,550
      -4,292
      2,219
      4,003
      -637
      37
      4,446
      -53,490
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 -283,448
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 3 294,708
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 6,272,911 57,096,529 0.109865
2008 7,139,363 68,362,901 0.104433
2007 4,580,363 72,053,792 0.063569
2006 4,190,914 54,920,263 0.076309
2005 1,432,744 419,392 3.416241
2 Total of line 1, column (d) ...................... 2 3.770417
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 0.754083
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 57,269,889
5 Multiply line 4 by line 3....................... 5 43,186,250
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 48,261
7 Add lines 5 and 6......................... 7 43,234,511
8 Enter qualifying distributions from Part XII, line 4.............. 8 9,306,091
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 96,521
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 96,521
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 96,521
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 198,558
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.............. 7 198,558
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 102,037
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet102,037 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
 
 
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
    Yes
     
    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)bulletNJ
    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 ofbulletWILLIAM S CRANE Telephone no.bullet (908) 277-2350
    Located atbullet25 DEFOREST AVENUESUMMITNJ ZIP+4bullet07901
    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
     
     
    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
     
     
    .........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
     
     
    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
     
     
    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
     
     
    .........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
     
     
    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
    NICHOLAS J BOURASClick to see attachment PRES/MEMBER
    10.00     		0 0 0
    112 BEEKMAN RD
    SUMMIT,NJ07901
    WILLIAM S CRANEClick to see attachment TRUSTEE
    10.00     		0 0 0
    265 MEETING HOUSE LANE
    MOUNTAINSIDE,NJ07092
    ANDREW J STAMELMANClick to see attachment TRUSTEE
    2.00     		0 0 0
    1 SPEEDWELL AVE
    MORRISTOWN,NJ07962
    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 N/A  
    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
    51,117,369
    b
    Average of monthly cash balances.......................
    1b
    7,024,650
    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
    58,142,019
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d..........................
    3
    58,142,019
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    872,130
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    57,269,889
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    2,863,494
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,863,494
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    96,521
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    96,521
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,766,973
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    2,766,973
    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
    2,766,973
    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
    9,306,091
    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
    9,306,091
    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
    9,306,091
    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 2,766,973
    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....... 1,412,114
    b From 2006....... 1,667,215
    c From 2007....... 2,235,164
    d From 2008....... 3,779,809
    e From 2009....... 3,470,428
    fTotal of lines 3a through e......... 12,564,730
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 9,306,091
    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)...     		 
    d Applied to 2010 distributable amount..... 2,766,973
    e Remaining amount distributed out of corpus 6,539,118
    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 19,103,848
    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) .............     		1,412,114
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		17,691,734
    10 Analysis of line 9:
    a Excess from 2006.... 1,667,215
    b Excess from 2007.... 2,235,164
    c Excess from 2008.... 3,779,809
    d Excess from 2009.... 3,470,428
    e Excess from 2010.... 6,539,118
    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).)
    NICHOLAS J BOURAS
    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.
    NICHOLAS J BOURAS
    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:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    AMERICAN HELLENIC INSTITU
    1220 16TH ST NW
    WASHINGTON,DC20036     		NONE PUBLIC SUPPORT OF GREEK CULTURE 15,000
    BERELEY HEIGHTS EDUCATION
    PO BOX 182
    BERKELEY HEIGHTS,NJ07922     		NONE PUBLIC SUPPORT OF LOCAL EDUCATIONAL FOUND. 25,000
    CATHEDRRAL OF HOLY TRINIT
    319 EAST 74 STREET
    NEW YORK,NY10021     		NONE PUBLIC SUPPORT OF LOCAL CHURCH 200,000
    CHILDREN'S TUMOR FOUNDATI
    95 PINE ST 16TH FL
    NEW YORK,NY10005     		NONE PUBLIC CANCER RESEARCH 250,000
    CHILDRENS SPECIALIZED HOS
    NEW PROVIDENCE ROAD
    MOUNTAINSIDE,NJ07092     		NONE PUBLIC CHILDRENS HOSPITAL 50,000
    CLEVELAND CLINIC FOUNDATI
    9500 EUCLID AVE
    CLEVELAND,OH44195     		NONE PUBLIC HOSPITAL 250,000
    COLONIAL CROSSROADS CHAPT
    695 SPINGFIELD AVE
    SUMMIT,NJ07901     		NONE PUBLIC SUPPORT OF NEEDY 5,000
    DOMINICAN NUNS
    543 SPRINGFIELD AVENUE
    SUMMIT,NJ07091     		NONE PUBLIC SUPPORT OF LOCAL CHARITY 2,500
    GREEK AMERICAN NURSING HO
    220 FIRST STEET
    WHEELING,IL60090     		NONE PUBLIC CARE OF ELDERLY GREEK AMERICANS 610,000
    GREEK ORHTODOX MISSION
    PO BOX 5871
    OCALA,FL34478     		NONE PUBLIC SUPPORT OF GREEK ORTHODOX MISSION 25,000
    GREEK ORTHODOX ARCHDIOCES
    8 EAST 79TH STREET
    NEW YORK,NY10021     		NONE PUBLIC SUPPORT OF GREEK ORTHODOX RELIGION 2,162,000
    HELLENIC AMERICAN ACADEMY
    PO BOX 1252
    LOWELL,MA01853     		NONE PUBLIC SUPPORT OF GREEK CULTURE 25,000
    HELLENIC MUSEUM CULTURAL
    801 W ADAMS STREET
    CHICAGO,IL60607     		NONE PUBLIC SUPPORT OF MUSEUM/ ARTS 1,000,000
    HELLENIC SOCIETY PAIDEIA
    20 DOG LANE
    STORRS,CT06268     		NONE PUBLIC SUPPORT OF GREEK CULTURE 25,000
    HELLENICARE
    980 NORTH MICHIGAN AVE SU
    CHICAGO,IL60611     		NONE PUBLIC MEDICAL RELIEF FUND 100,000
    HOLY TRINITY INTERPAROCHI
    336 FIRST STREET
    WESTFIELD,NJ07090     		NONE PUBLIC SUPPORT OF LOCAL CHARITY 10,000
    HOME TOWN TELEVISION
    70 MAPLE ST
    SUMMIT,NJ07901     		NONE PUBLIC SUPPORT OF LOCAL COMMUNITY 15,000
    INTERFAITH CENTER OF PHIL
    2723 CHESTNUT STREET
    PHILADELPHIA,PA19104     		NONE PUBLIC SUPPORT OF LOCAL CHURCH 10,000
    LAINIE'S ANGELS
    351 MAIN ST SUITE D
    METUCHEN,NJ08840     		NONE PUBLIC CHILDREN CANCER RELIEF FUND 1,000
    LEADERSHIP 100
    645 FIFTH AVENUE
    NEW YORK,NY10022     		NONE PUBLIC SUPPOR TOF GREEK ORHTODOX ARCHDIOCES 200,000
    NATIONAL PHILOPTOCHOS
    345 EAST 74TH ST
    NEW YORK,NY10021     		NONE PUBLIC SUPPORT OF GREEK CULTURE 560,000
    NEW EYES FOR THE NEEDY
    549 MILLBURN AVE
    SHORT HILLS,NJ07078     		NONE PUBLIC SUPPORT FOR NEEDY 1,200
    ORTHODOX CHRISTIAN FELLOW
    83 SAINT BASIL ROAD
    GARRISON,NY10524     		NONE PUBLIC SUPPORT OF EDUCATION 100,000
    ORTHODOX CHRISTIAN MISSIO
    PO BOX 4319
    ST AUGUSTINE,FL32085     		NONE PUBLIC SUPPORT OF GREEK ORTHODOX RELIGION 375,000
    ORTHODOX CHRISTIAN NETWOR
    PO BOX 4690
    FT LAUDERDALE,FL33338     		NONE PUBLIC SUPPORT OF CHRISTIAN RADIO 10,000
    OVERLOOK HOSPITAL FOUNDAT
    36 UPPER OVERLOOK RD
    SUMMIT,NJ07901     		NONE PUBLIC SUPPORT OF LOCAL HOSPITAL FOUNDATION 250,000
    PANHELLENIC SCHOLARSHIP F
    17 N WABASH AVE SUITE 600
    CHICAGO,IL60602     		NONE PUBLIC SUPPORT OF EDUCATION 10,000
    PARKINSONS UNITY WALK
    PO BOX 275
    KINGSTON,NJ08528     		NONE PUBLIC SUPPORT OF PARKINSONS RESEARCH 1,000
    PARTNERSHIP FOR JEWISH LE
    901 ROUTE 10
    WHIPPANY,NJ07981     		NONE PUBLIC SUPPORT OF JEWISH CHARITY 10,000
    REFORMED CHURCH OF LINDEN
    600 NORTH WOOD AVENUE
    LINDEN,NJ07036     		NONE PUBLIC SUPPORT OF LOCAL CHURCH 5,000
    RWJ RAHWAY FOUNDATION
    865 STONE STREET
    RAHWAY,NJ07065     		NONE PUBLIC SUPPORT LOCAL HOSPITAL 5,000
    SAGE ELDER CARE
    290 BROAD STREET
    SUMMIT,NJ07091     		NONE PUBLIC SUPPORT OF AGED 25,000
    ST BASIL ACADEMY
    79 SAINT BASIL ROAD
    GARRISON,NY10524     		NONE PUBLIC SUPPORT OF EDUCATION 655,000
    ST DEMETRIOS GREEK ORTHOD
    721 RAHWAY AVE
    UNION,NJ07083     		NONE PUBLIC SUPPORT OF LOCAL CHURCH 510,000
    ST KATHERINE GREEK ORTHOD
    7100 AIRPORT ROAD NORTH
    NAPLES,FL34109     		NONE PUBLIC SUPPORT OF LOCAL CHURCH 100,000
    ST ANNAS GREEK ORTHODOX
    PO BOX 2505
    FLEMINGTON,NJ08822     		NONE PUBLIC SUPPORT OF LOCAL CHURCH 600,000
    ST BARBARA GREEK ORHTODO
    2200 CHURCH ROAD
    TOMS RIVER,NJ08753     		NONE PUBLIC SUPPORT OF LOCAL CHURCH 450,000
    ST GEORGE GREEK ORTHODOX
    112 SOUTH OLD COACHMAN RD
    CLEARWATER,FL33765     		NONE PUBLIC SUPPORT OF GREEK ORTHODOX RELIGION 105,135
    ST MICHAELS HOME
    3 LEHMAN TERRACE
    YONKERS,NY10705     		NONE PUBLIC SUPPORT OF NURSING HOME 10,000
    ST NECTARIOS GREEK ORTHO
    133 ROSELLE ROAD
    PALATINE,IL60067     		NONE PUBLIC SUPPORT OF LOCAL CHURCH 100,000
    STREETLIGHT MISSION
    PO BOX 843
    ELIZABETH,NJ07207     		NONE PUBLIC SUPPORT OF INNERCITY HOMELESS 10,000
    SUMMIT EDUCATION FOUNDATI
    14 BEEKMAN TERRACE
    SUMMIT,NJ07901     		NONE PUBLIC SUPPORT OF LOCAL EDUCATION 50,000
    SUMMIT YMCA
    490 SUMMIT AVE
    SUMMIT,NJ07901     		NONE PUBLIC SUPPORT OF YOUTH RECREATION 50,000
    THE ORDER OF ST ANDREW
    8 EAST 79TH STREET
    NEW YORK,NY10021     		NONE PUBLIC SUPPORT OF GREEK ORTHODOX RELIGION 125,000
    THOMAS I GLASSER MEM FUN
    PO BOX 143
    SUMMIT,NJ07902     		NONE PUBLIC SUPPORT OF LOCAL SCHOLARSHIP FUND 10,000
    TIKVA CHILDREN HOME
    40 WEST 23 STREET 3RD FL
    NEW YORK,NY10010     		NONE PUBLIC SUPPORT OF ORPHANAGE 5,000
    TJ MARTELL FOUNDATION
    555 MADISON AVE
    NEW YORK,NY10022     		NONE PUBLIC CANCER RESEARCH 15,000
    Total .................................bullet 3a 9,127,835
    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 4,403  
    4 Dividends and interest from securities....     14 5,224,296  
    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     14 -283,448  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   4,945,251  
    13Total. Add line 12, columns (b), (d), and (e)...................
    134,945,251
    (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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 AccountingFeesSchedule
    Name:
    NICHOLAS AND ANNA K BOURAS
    FOUNDATION INC
    EIN: 22-3591803
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 35,412     35,412

    TY 2010 CompensationExplanation
    Name:
    NICHOLAS AND ANNA K BOURAS
    FOUNDATION INC
    EIN: 22-3591803
    Person Name Explanation
    NICHOLAS J BOURAS  
    WILLIAM S CRANE  
    ANDREW J STAMELMAN  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2010 DepreciationSchedule
    Name:
    NICHOLAS AND ANNA K BOURAS
    FOUNDATION INC
    EIN: 22-3591803
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    DEPRECIATION           26,859      

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    NICHOLAS AND ANNA K BOURAS
    FOUNDATION INC
    EIN: 22-3591803
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SSB 643-71062 11,869,314 12,378,010
    SCHWAB 6047-8811 4,315,808 4,628,062

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    NICHOLAS AND ANNA K BOURAS
    FOUNDATION INC
    EIN: 22-3591803
    Name of Stock End of Year Book Value End of Year Fair Market Value
    499 SHARES BOURAS INDUSTRIES INC 9,427,875 7,500,000
    EQUITIES FUNDS-SCHWAB 6047-8811 6,539,145 8,117,120
    EQUITES-SSB 643-27404 1,954,135 2,147,894

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    NICHOLAS AND ANNA K BOURAS
    FOUNDATION INC
    EIN: 22-3591803
    US Government Securities - End of Year Book Value:

    3,012,365
    US Government Securities - End of Year Fair Market Value:

    3,149,759
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2010 InvestmentsLandSchedule2
    Name:
    NICHOLAS AND ANNA K BOURAS
    FOUNDATION INC
    EIN: 22-3591803
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE FURNITURE 118,261 38,430 79,831 79,831
    LEASEHOLD IMPROVEMENTS 358,282 48,739 309,543 309,542

    TY 2010 InvestmentsOtherSchedule2
    Name:
    NICHOLAS AND ANNA K BOURAS
    FOUNDATION INC
    EIN: 22-3591803
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALTERNATIVE INVESTMENTS IN LPS AT COST 11,236,943 11,112,359

    TY 2010 LegalFeesSchedule
    Name:
    NICHOLAS AND ANNA K BOURAS
    FOUNDATION INC
    EIN: 22-3591803
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,887      


    TY 2010 OtherAssetsSchedule
    Name:
    NICHOLAS AND ANNA K BOURAS
    FOUNDATION INC
    EIN: 22-3591803
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST AND DIVIDENDS 70,028 83,115 83,115


    TY 2010 OtherExpensesSchedule
    Name:
    NICHOLAS AND ANNA K BOURAS
    FOUNDATION INC
    EIN: 22-3591803
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    COMPUTER EXPENSES 1,202     1,202
    LICESES AND PERMITS 30     30
    INSURANCE EXPENSE 10,621     10,621
    OFFICE EXPENSE 8,500     8,500
    TELEPHONE 4,764     4,764
    BANK CHARGES 194     194
    REPAIRS & MAINTENANCE 237     237


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    NICHOLAS AND ANNA K BOURAS
    FOUNDATION INC
    EIN: 22-3591803
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 299,578 299,578    
    INV MGT FEES PER PINE GROVE K-1 93,516 93,516    
    INV FEES FOX HOUND AND BIH K-1S 94 94    
    INV FEES NEW CASTLE K-1 7,641 7,641    
    INV FEES LINN K-1 1,593 1,593    
    INV FEES POWERSHARES K-1 205 205    


    TY 2010 TaxesSchedule
    Name:
    NICHOLAS AND ANNA K BOURAS
    FOUNDATION INC
    EIN: 22-3591803
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 100,280     100,280