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 05-01-2010 , and ending 04-30-2011
G
Check all that apply:
Name of foundation
JEROME FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)400 SIBLEY STREET NO 125   Room/suite
City or town, state, and ZIP code
SAINT PAUL, MN55101
A Employer identification number

41-6035163
B Telephone number (see page 10 of the instructions)

(651) 224-9431
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$83,558,811J 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) 35,000
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 1,990,106 2,031,711  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 261,624
b Gross sales price for all assets on line 6a 6,388,097
7 Capital gain net income (from Part IV, line 2)... 261,624
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)....... Click to see attachment 9,677 604,725  
12 Total. Add lines 1 through 11........ 2,296,407 2,898,060  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 203,079 20,308   182,771
14 Other employee salaries and wages...... 296,238 6,454   289,783
15 Pension plans, employee benefits....... 119,343 7,389   111,816
16a Legal fees (attach schedule)......... Click to see attachment 2,201 0   1,789
b Accounting fees (attach schedule)....... Click to see attachment 15,845 6,338   9,507
c Other professional fees (attach schedule).... Click to see attachment 194,145 158,967   35,178
17 Interest...............   178    
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 168,236 4,872   30,266
19 Depreciation (attach schedule) and depletion... 5,553 0  
20 Occupancy.............. 56,273 2,814   48,734
21 Travel, conferences, and meetings....... 40,468 0   40,384
22 Printing and publications.......... 445 0   445
23 Other expenses (attach schedule)....... Click to see attachment 41,635 11,153   30,384
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,143,461 218,473   781,057
25 Contributions, gifts, grants paid........ 3,428,327 3,007,952
26 Total expenses and disbursements. Add lines 24 and 25 4,571,788 218,473   3,789,009
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,275,381
b Net investment income (if negative, enter -0-) 2,679,587
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............... 125,838 138,888 138,888
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........... 12,735 36,099 36,099
10a Investments—U.S. and state government obligations (attach schedule) 9,573,143 Click to see attachment6,202,850 6,202,850
b Investments—corporate stock (attach schedule)........ 52,987,323 Click to see attachment60,836,453 60,836,453
c Investments—corporate bonds (attach schedule)........ 8,428,230 Click to see attachment11,613,574 11,613,574
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,573,008 Click to see attachment1,627,093 1,627,093
14 Land, buildings, and equipment: basis bullet146,516
Less: accumulated depreciation (attach schedule) bullet143,778 8,291 2,738 2,738
15 Other assets (describe bullet) Click to see attachment2,801,188 Click to see attachment3,101,116 Click to see attachment3,101,116
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 75,509,756 83,558,811 83,558,811
Liabilities 17 Accounts payable and accrued expenses.......... 18,882 8,328
18 Grants payable................... 352,657 773,032
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) Click to see attachment0 Click to see attachment105,300
23 Total liabilities (add lines 17 through 22).......... 371,539 886,660
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 72,337,029 79,571,035
25 Temporarily restricted................ 2,801,188 3,101,116
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    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 75,138,217 82,672,151
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 75,509,756 83,558,811
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 75,138,217
2 Enter amount from Part I, line 27a...................... 2 -2,275,381
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 9,809,315
4 Add lines 1, 2, and 3.......................... 4 82,672,151
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 82,672,151
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 CLASS ACTION LAWSUIT SETTLEMENT INCOME P    
b STRATEGIC EQUITY FUND P    
c STRATEGIC EQUITY FUND P   2011-04-25
d MORGAN GROWTH FUND ADM P   2011-02-15
e MORGAN GROWTH FUND ADM P   2011-04-25
FTSE ALL-WORLD EX US LST P   2011-04-25
INTERNATIONAL GROWTH ADM P   2011-04-25
MID-CAP GROWTH FUND P   2011-04-25
MID-CAP GROWTH FUND P   2011-04-25
TOTAL STOCK MKT IDX INST P   2011-04-25
TOTAL STOCK MKT IDX INST P   2011-04-25
SHORT-TERM INVEST-GR ADM TRANSACTION P   2011-01-28
SHORT-TERM INVEST-GR ADM TRANSACTION P   2011-04-28
MORGAN GROWTH FUND ADM P   2010-11-30
FTSE ALL-WORLD EX US LST P   2010-09-29
INTERNATIONAL GROWTH ADM P   2010-09-29
STRATEGIC EQUITY FUND P   2010-11-30
MID-CAP GROWTH FUND P   2010-12-30
TOTAL STOCK MKT IDX INST P   2010-12-30
INFLATION-PROTECT SEC ADM P   2010-12-30
INTER-TERM INVEST-GR ADM P   2010-12-30
SHORT-TERM INVEST-GR ADM P   2010-12-30
TOTAL BOND MKT INDEX INST P   2010-12-30
(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 15,018     15,018
b 75,000   62,889 12,111
c 130,000   103,769 26,231
d 80,000   66,951 13,049
e 75,000   62,182 12,818
25,000   21,906 3,094
85,000   71,487 13,513
46,000   37,304 8,696
75,000   58,034 16,966
499,000   438,689 60,311
300,000   258,528 41,472
11,550   11,456 94
11,752   11,679 73
198,800   186,338 12,462
165,800   161,757 4,043
180,000   170,602 9,398
62,000   58,128 3,872
167,000   153,380 13,620
2,690,422   2,733,935 -43,513
300,800   289,970 10,830
430,800   417,585 13,215
171,155   170,491 664
593,000   579,413 13,587
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       15,018
b       12,111
c       26,231
d       13,049
e       12,818
      3,094
      13,513
      8,696
      16,966
      60,311
      41,472
      94
      73
      12,462
      4,043
      9,398
      3,872
      13,620
      -43,513
      10,830
      13,215
      664
      13,587
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 2 261,624
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 3,493,397 67,226,379 0.051965
2008 3,401,049 65,927,659 0.051588
2007 3,459,810 88,594,196 0.039052
2006 4,268,115 86,654,616 0.049254
2005 3,822,462 84,902,046 0.045022
2 Total of line 1, column (d) ...................... 2 0.236881
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 0.047376
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 74,778,731
5 Multiply line 4 by line 3....................... 5 3,542,717
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 26,796
7 Add lines 5 and 6......................... 7 3,569,513
8 Enter qualifying distributions from Part XII, line 4.............. 8 3,789,009
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 26,796
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 0
3 Add lines 1 and 2............................ 3 26,796
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 26,796
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 55,932
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 55,932
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 29,136
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet29,136 Refunded Bullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)bulletMN, OR
    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 addressbulletWWW.JEROMEFDN.ORG
    14
    The books are in care ofbulletKAREN FJORDEN Telephone no.bullet (651) 224-9431
    Located atbullet400 SIBLEY STREET NO 125SAINT PAULMN ZIP+4bullet55101
    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
     
     
    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
     
     
    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
     
     
    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
    MS CYNTHIA MAYEDA DIRECTOR, CHAIR
    2.00     		0 0 0
    400 SIBLEY STREET SUITE 125
    ST PAUL,MN55101
    MR CARLYLE BROWN DIRECTOR
    2.00     		0 0 0
    400 SIBLEY STREET SUITE 125
    ST PAUL,MN55101
    MS CATHERINE JORDAN DIRECTOR
    2.00     		0 0 0
    400 SIBLEY STREET SUITE 125
    ST PAUL,MN55101
    MS BARBARA HUNT MCLANAHAN DIRECTOR, SECRETARY
    2.00     		0 0 0
    400 SIBLEY STREET SUITE 125
    ST PAUL,MN55101
    MR CALOGERO SALVO DIRECTOR
    2.00     		0 0 0
    400 SIBLEY STREET SUITE 125
    ST PAUL,MN55101
    MR CHARLES ZELLE DIRECTOR, VICE CHAIR
    2.00     		0 0 0
    400 SIBLEY STREET SUITE 125
    ST PAUL,MN55101
    MS CYNTHIA GEHRIG PRESIDENT
    40.00     		200,285 46,288 2,794
    400 SIBLEY STREET SUITE 125
    ST PAUL,MN55101
    MR GARY NAN TIE DIRECTOR, TREASURER
    2.00     		0 0 0
    400 SIBLEY STREET SUITE 125
    ST PAUL,MN55101
    MR PHILIP BITHER DIRECTOR
    2.00     		0 0 0
    400 SIBLEY STREET SUITE 125
    ST PAUL,MN55101
    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
    ROBERT BYRD PROGRAM DIRECTOR
    36.00     		72,392 19,722 0
    400 SIBLEY STREET SUITE 125
    ST PAUL,MN55101
    KAREN FJORDEN CONTROLLER
    32.00     		64,545 24,806 0
    400 SIBLEY STREET SUITE 125
    ST PAUL,MN55101
    ELEANOR SAVAGE PROGRAM OFFICER
    40.00     		67,059 14,152 0
    400 SIBLEY STREET SUITE 125
    ST PAUL,MN55101
    LINDA GILBERT DATA SPECIALIST
    40.00     		61,238 15,658 0
    400 SIBLEY STREET SUITE 125
    ST PAUL,MN55101
    Total number of other employees paid over $50,000...................bullet 5
    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
    VANGUARD INSTITUTIONAL ADVISORY SERVI INVESTMENT SERVICES 158,967
    PO BOX 2900
    VALLEY FORGE,PA194822900
    Total number of others receiving over $50,000 for professional services.............bullet0
    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 NEW YORK CITY FILM AND VIDEO PROGRAM 2010-11:(SEE ATTACHED STATEMENT FOR DESCRIPTION) 4,005
    2 TRAVEL AND STUDY GRANT PROGRAM 2010-11:(SEE ATTACHED STATEMENT FOR DESCRIPTION) 6,500
    3 MINNESOTA FILM AND VIDEO PROGRAM 2010-11:(SEE ATTACHED STATEMENT FOR DESCRIPTION) 3,055
    4 GENERAL GRANTS PROGRAM AND SERVICE PROGRAM 2010-11:(SEE ATTACHED STATEMENT FOR DESCRIPTION) 50,655
    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...........................bullet0
    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
    72,434,879
    b
    Average of monthly cash balances.......................
    1b
    342,661
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    3,139,953
    d
    Total (add lines 1a, b, and c).........................
    1d
    75,917,493
    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
    0
    3
    Subtract line 2 from line 1d..........................
    3
    75,917,493
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    1,138,762
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    74,778,731
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    3,738,937
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,738,937
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    26,796
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    26,796
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,712,141
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    3,712,141
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    3,712,141
    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
    3,789,009
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,789,009
    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
    26,796
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    3,762,213
    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 3,712,141
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 425,106
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 3,789,009
    a Applied to 2009, but not more than line 2a 425,106
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2010 distributable amount..... 3,363,903
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2010. 0 0
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		348,238
    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) ...........     		0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010....  
    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).)
    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:
    THE JEROME FOUNDATION
    400 SIBLEY STREET SUITE 125
    SAINT PAUL,MN55101
    (651) 224-9431
    bThe form in which applications should be submitted and information and materials they should include:
    THE JEROME FOUNDATION OPERATES A GRANT MAKING PROGRAM FOCUSING ON THE ARTS. ALL GRANTS ARE MADE TO TAX EXEMPT NONPROFIT INSTITUTIONS WITH THE EXCEPTION OF THE NEW YORK CITY FILM AND VIDEO PROGRAM, THE MINNESOTA FILM AND VIDEO PROGRAM AND THE TRAVEL AND STUDY GRANT PROGRAM, IN WHICH GRANTS ARE GIVEN DIRECTLY TO INDIVIDUAL ARTISTS, PURSUANT TO AN IRS-APPROVED PROCEDURE.
    cAny submission deadlines:
    PROPOSALS ARE CONTINOUSLY REVIEWED FIVE TIMES A YEAR BY AN EIGHT-MEMBER BOARD OF DIRECTORS.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    A LIST OF APPLICATION REQUIREMENTS IS AVAILABLE TO POTENTIAL APPLICANTS. APPLICATIONS SHOULD INCLUDE A NARRATIVE DESCRIPTION OF THE PROJECT, A BUDGET, A PROPOSED METHOD FOR EVALUATION, RESUMES OF KEY PERSONNEL, A COPY OF THE APPLICANT ORGANIZATION'S IRS NONPROFIT DETERMINATION LETTER, A LIST OF THE BOARD OF DIRECTORS AND AN INDICATION OF THE FREQUENCY OF MEETINGS, A RECENT FINANCIAL STATEMENT, AND THE PROPER ASSURANCES THAT REPORTS WILL BE SUBMITTED ON TIME. THE FOUNDATION RESTRICTS ITS PROGRAM TO ORGANIZATIONS AND INDIVIDUALS IN THE STATE OF MINNESOTA AND NEW YORK CITY. THE FOUNDATION'S MISSION IS TO SUPPORT THE CREATION OF NEW ARTISTIC WORKS BY EMERGING ARTISTS IN DANCE, FILM AND VIDEO, MUSIC, LITERATURE, MULTIDISCIPLINARY WORK, THEATER, AND THE VISUAL ARTS. COMPLETE INFORMATION ON THE FOUNDATION'S GRANT MAKING ACTIVITIES AND A PROGRAM BROCHURE ARE AVAILABLE ON THE FOUNDATION'S WEBSITE AND BY REQUEST.
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    ROBERT BYRD PROGRAM DIRECTOR
    400 SIBLEY STREET SUITE 125
    SAINT PAUL,MN55101
    (651) 224-9431
    bThe form in which applications should be submitted and information and materials they should include:
    AN APPLICATION MUST INCLUDE A DESCRIPTION OF THE PROPOSED FILM AND VIDEO PROJECT, A BUDGET FOR THE PROJECT, THE DATE BY WHICH IT IS INTENDED TO BE COMPLETED, A RESUME AND SAMPLE WORK. AN APPLICATION FORM IS PROVIDED.
    cAny submission deadlines:
    APPLICATIONS ARE ACCEPTED IN ACCORDANCE WITH AN ANNUAL SUBMISSION DEADLINE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE INDIVIDUAL GRANTS FOR FILM AND VIDEO PROJECTS ARE RESTRICTED TO RESIDENTS OF MINNESOTA.
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    ROBERT BYRD PROGRAM DIRECTOR
    400 SIBLEY STREET SUITE 125
    SAINT PAUL,MN55101
    (651) 224-9431
    bThe form in which applications should be submitted and information and materials they should include:
    AN APPLICATION MUST INCLUDE A DESCRIPTION OF THE PROPOSED FILM AND VIDEO PROJECT, A BUDGET FOR THE PROJECT, THE DATE BY WHICH IT IS INTENDED TO BE COMPLETED, AND A RESUME. AN APPLICATION FORM IS PROVIDED. SAMPLE FILM AND VIDEO WORK IS REQUESTED LATER FOR THE PANEL REVIEW MEETING. THEY MEET THREE TIMES PER YEAR.
    cAny submission deadlines:
    APPLICATIONS ARE ACCEPTED AT ANY TIME.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE INDIVIDUAL GRANTS FOR FILM AND VIDEO PROJECTS ARE RESTRICTED TO RESIDENTS OF THE FIVE BOROUGHS OF NEW YORK CITY.
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    THE JEROME FOUNDATION
    400 SIBLEY STREET SUITE 125
    SAINT PAUL,MN55101
    (651) 224-9431
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FORMS ARE PROVIDED BY THE FOUNDATION. THE FORM REQUIRES THE APPLICANT DESCRIBE THE PROPOSED STUDY AND TRAVEL PROJECT, INCLUDE A BUDGET, AND SPECIFY A TIMELINE. THE APPLICATION FORM MUST BE ACCOMPANIED BY A RESUME AND WORK SAMPLES.
    cAny submission deadlines:
    APPLICATIONS ARE ACCEPTED IN JANUARY/FEBRUARY OF EACH CALENDAR YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    INDIVIDUAL GRANTS FOR TRAVEL AND STUDY ARE RESTRICTED TO MINNESOTA AND NEW YORK CITY RESIDENT ARTISTS AND MINNESOTA NONPROFIT ARTS ADMINISTRATORS.
    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
    JOHN AKRE
    1518 NE 4TH STREET 2
    MINNEAPOLIS,MN55413     		NONE N/A PRODUCTION OF WALKER AND DRIVER 2,000
    LISA BLACKSTONE
    3826 SHERIDAN AVENUE SOUTH
    MINNEAPOLIS,MN55410     		NONE N/A PRODUCTION OF GRAPPLINGS GIRLS 10,000
    MICHAEL JOSEPH ETOLL
    1007 LIVINGSTON AVENUE
    WEST SAINT PAUL,MN55118     		NONE N/A PRODUCTION OF PILGRIMAGE TO THE GRAVE OF TINY TIM 5,000
    JAMES GRAFSGAARD
    1620 CENTRAL AVENUE NE 155
    MINNEAPOLIS,MN55413     		NONE N/A PRODUCTION OF MIDAS RAT AND ME 7,500
    STEPHEN GUREWITZ
    7485 RIDGEWAY ROAD
    GOLDEN VALLEY,MN55426     		NONE N/A PRODUCTION OF THANKS MINNESOTA 15,000
    EMILY HADDAD
    1126 W RAMSEY STREET
    STILLWATER,MN55082     		NONE N/A PRODUCTION OF ARTIST IN THE MARGIN 11,000
    RAMON NUNEZ
    1270 WILDFLOWER LANE
    CHASKA,MN55318     		NONE N/A PRODUCTION OF BLUE HANDS 1,900
    DUSTIN M ROSENMARK
    311 - 24TH STREET NE
    ROCHESTER,MN55906     		NONE N/A PRODUCTION OF BLUE HANDS 7,623
    ANAL SHAH
    310 4TH AVENUE SOUTH 307
    SAINT CLOUD,MN56301     		NONE N/A PRODUCTION OF CHALCHITRA - RAILYATRA 8,100
    RUBEN ATLAS
    258 SOUTH 1ST STREET 4A
    BROOKLYN,NY11211     		NONE N/A PRODUCTION OF THE BROTHERS HYPNOTIC 15,000
    SIGNE BAUMANE
    165 WILLIAM STREET 2ND FLOOR
    NEW YORK,NY10038     		NONE N/A PRODUCTION OF A GUIDE TO SURVIVAL 10,000
    KEITH BEARDEN
    35-44 34TH STREET 2A
    LONG ISLAND CITY,NY11106     		NONE N/A PRODUCTION OF GOD HATES KANSAS 19,500
    PATRICIA BENOIT
    28 BETHUNE STREET
    NEW YORK,NY10014     		NONE N/A PRODUCTION OF AYITI, AYITI 15,000
    MARY BILLYOU
    125 GREEN STREET 2C
    BROOKLYN,NY11222     		NONE N/A PRODUCTION OF GUN, HAT ... 1,820
    RAQUEL CEPEDA
    650 WEST 204TH STREET APT 41
    NEW YORK,NY10034     		NONE N/A PRODUCTION OF BEING LATINO IN AMERICA 10,000
    YANCE FORD
    34-20 79TH STREET 5E
    JACKSON HEIGHTS,NY11372     		NONE N/A PRODUCTION OF STRONG ISLAND (WORKING TITLE) 15,000
    ROBIN HONAN
    321 CARLTON AVENUE 3
    BROOKLYN,NY11205     		NONE N/A PRODUCTION OF AIN'T I A WOMAN 5,000
    DEVIN HORAN
    165 WASHINGTON PARK AVENUE
    BROOKLYN,NY11205     		NONE N/A PRODUCTION OF LATE AND DEEP 7,400
    CRISTINA IBARRA
    160 SCHERMERHORN STREET 829
    BROOKLYN,NY11201     		NONE N/A PRODUCTION OF LAS MARTHAS 15,000
    GABRIELA ILIJESKA
    54 EAST 97TH STREET 1M
    NEW YORK,NY10029     		NONE N/A PRODUCTION OF AZRA 4,525
    MARIE LOSIER
    146 JAVA STREET 3
    BROOKLYN,NY11222     		NONE N/A PRODUCTION OF THE BALLAD OF GENESIS P-ORRIDGE 20,000
    ABBEY LUCK
    288 DEVOE 3L
    BROOKLYN,NY11211     		NONE N/A PRODUCTION OF THE OBSERVER 4,370
    IRINA PATKANIAN
    67 SAINT FELIX STREET 3R
    BROOKLYN,NY11217     		NONE N/A PRODUCTION OF LIVING HERE. KAMCHATKA TALE. 18,000
    JENNIFER REDFEARN
    385 NINTH STREET APT 1
    NEW YORK,NY11215     		NONE N/A PRODUCTION OF SUN COME UP 20,000
    REMY WEBER
    30-07 48TH STREET
    ASTORIA,NY11103     		NONE N/A PRODUCTION OF KISS THE PAST GOODBYE 8,000
    GABRIEL WINER
    247 ELIZABETH STREET APT 6
    NEW YORK,NY10012     		NONE N/A PRODUCTION OF THE TERRORS OF BASKET WEAVING 5,000
    JESSICA WOLFSON PAUL LOVELACE
    100 WEST 94TH STREET 24F
    NEW YORK,NY10025     		NONE N/A PRODUCTION OF RADIO UNNAMEABLE 15,000
    JEREMY XIDO
    460 EAST 79TH STREET 17E
    NEW YORK,NY10075     		NONE N/A PRODUCTION OF THE ANGOLA PROJECT 15,000
    DEBORAH BLACK KARL CRONIN
    1670 GATES AVENUE 301
    RIDGEWOOD,NY11385     		NONE N/A TRAVEL AND STUDY GRANT 3,190
    MARIA BUYONDO
    61 MONTROSE AVENUE APT 3F
    BROOKLYN,NY11206     		NONE N/A TRAVEL AND STUDY GRANT 4,225
    LATASHA DIGGS
    141 WEST 111TH STREET 5RE
    NEW YORK,NY10026     		NONE N/A TRAVEL AND STUDY GRANT 4,453
    PALLAVI SHARMA DIXIT
    515 NORTH FIRST STREET 406
    MINNEAPOLIS,MN55401     		NONE N/A TRAVEL AND STUDY GRANT 1,500
    SARAH DOHRMANN
    113 BEDFORD AVENUE 2L
    BROOKLYN,NY11211     		NONE N/A TRAVEL AND STUDY GRANT 5,000
    MARCIANO SILVA DOS SANTOS
    3162 PARK OVERLOOK DRIVE
    SHOREVIEW,MN55126     		NONE N/A TRAVEL AND STUDY GRANT 5,000
    LISETTE MARIE FLANARY
    271 SMITH STREET
    BROOKLYN,NY11231     		NONE N/A TRAVEL AND STUDY GRANT 4,525
    ELAINE GAN
    PO BOX 1183
    NEW YORK,NY10276     		NONE N/A TRAVEL AND STUDY GRANT 2,500
    CORY HINKLE
    3444 COLFAX AVENUE SOUTH 3
    MINNEAPOLIS,MN55408     		NONE N/A TRAVEL AND STUDY GRANT 770
    JIBADE-KHALIL HUFFMAN
    85 JARA STREET APT F4
    BROOKLYN,NY11222     		NONE N/A TRAVEL AND STUDY GRANT 3,867
    JOEL JEFFREYS
    39 JANE STREET APT 3C
    NEW YORK,NY10014     		NONE N/A TRAVEL AND STUDY GRANT 1,375
    CHRISSY KOLAYA
    527 EAST 4TH STREET
    MORRIS,MN56267     		NONE N/A TRAVEL AND STUDY GRANT 3,805
    JENNIE MARY TAI LIU
    286 MANHATTAN AVENUE
    BROOKLYN,NY11211     		NONE N/A TRAVEL AND STUDY GRANT 4,610
    MEGAN MAYER
    500 8TH AVENUE NE
    MINNEAPOLIS,MN55413     		NONE N/A TRAVEL AND STUDY GRANT 4,332
    JILA NIKPAY
    1814 FRANKLIN AVENUE S E
    MINNEAPOLIS,MN55414     		NONE N/A TRAVEL AND STUDY GRANT 1,130
    KEVIN OBSATZ
    500 8TH AVENUE NE
    MINNEAPOLIS,MN55413     		NONE N/A TRAVEL AND STUDY GRANT 1,800
    ALISON ROH PARK
    3511 85TH STREET APT 9A
    JACKSON HEIGHTS,NY11372     		NONE N/A TRAVEL AND STUDY GRANT 3,325
    GILAD RATMAN
    71 FRANKLIN STREET APT 2W
    NEW YORK,NY10013     		NONE N/A TRAVEL AND STUDY GRANT 4,000
    GLENDA SOL KOERAUS
    40 ARGYLE ROAD C3
    NEW YORK,NY11218     		NONE N/A TRAVEL AND STUDY GRANT 5,000
    MICHAEL SUTZ
    2402 UNIVERSITY AVENUE W 600
    SAINT PAUL,MN55114     		NONE N/A TRAVEL AND STUDY GRANT 4,400
    MARIAN YALINI THAMBYNAYAGAM
    41 MADISON STREET 3F
    BROOKLYN,NY11238     		NONE N/A TRAVEL AND STUDY GRANT 5,000
    REBECCA L THOMAS
    400 WEST 23RD STREET APT 5J
    NEW YORK,NY10011     		NONE N/A TRAVEL AND STUDY GRANT 2,072
    KA VANG
    WELLS FARGO PLACE 30 7TH STREET
    EAST SUITE 350
    SAINT PAUL,MN55101     		NONE N/A TRAVEL AND STUDY GRANT 5,000
    JOSHUA ZUCKER-PLUDA
    407 EAST 12TH STREET 4FNW
    NEW YORK,NY10009     		NONE N/A TRAVEL AND STUDY GRANT 5,000
    AMERICAN COMPOSERS FORUM
    332 MINNESOTA STREET E-145
    SAINT PAUL,MN55101     		NONE PUBLIC CHARITY FUND FOR NEW MUSIC AND MINNESOTA EMERGING COMPOSER AWARDS PROGRAM 98,500
    AMERICAN COMPOSERS ORCHESTRA
    240 WEST 35TH STREET SUITE 405
    NEW YORK,NY10001     		NONE PUBLIC CHARITY COMMISSIONS FOR EMERGING COMPOSERS 26,000
    ANDERSON CENTER
    163 TOWER VIEW DRIVE PO BOX 406
    RED WING,MN55066     		NONE PUBLIC CHARITY RESIDENCIES FOR EMERGING ARTISTS 16,000
    ART IN GENERAL
    79 WALKER STREET
    NEW YORK,NY10013     		NONE PUBLIC CHARITY EMERGING ARTISTS IN THE NEW COMMISSIONS PROGRAM 38,000
    ART INTERNATIONAL RADIO
    108 LEONARD STREET 13TH FLOOR
    NEW YORK,NY10013     		NONE PUBLIC CHARITY EMERGING ARTISTS IN THE CLOCKTOWER STUDIO & RESIDENCY PROGRAM 25,000
    BOWERY ARTS SCIENCE LTD
    310 BOWERY
    NEW YORK,NY10012     		NONE PUBLIC CHARITY STAKEHOLDERS CHOICE FOR EMERGING POETS/SPOKEN WORD ARTISTS 20,000
    BRONX MUSEUM OF THE ARTS
    1040 GRAND CONCOURSE
    BRONX,NY10456     		NONE PUBLIC CHARITY ARTIST IN THE MARKETPLACE PROGRAM AND BIENNIAL EXHIBITION AND CATALOG 18,000
    BROOKLYN ARTS EXCHANGE
    41 WITHERS STREET 3R
    BROOKLYN,NY11211     		NONE PUBLIC CHARITY NEW DANCE WORK BY LUCIANA ACHUGAR 10,000
    CAVE CANEM FOUNDATION INC
    20 JAY STREET SUITE 310-A
    BROOKLYN,NY11201     		NONE PUBLIC CHARITY WORKSHOPS FOR EMERGING AFRICAN AMERICAN AND OTHER POETS OF COLOR 17,000
    CENTER FOR FICTION THE
    17 EAST 47TH STREET
    NEW YORK,NY10017     		NONE PUBLIC CHARITY RESIDENCY PROGRAM FOR EMERGING NEW YORK CITY FICTION WRITERS 25,000
    CLUBBED THUMB
    141 E 3RD STREET 11H
    NEW YORK,NY10009     		NONE PUBLIC CHARITY DEVELOPMENT AND PRODUCTION OF NEW WORKS BY EMERGING PLAYWRIGHTS 15,000
    COFFEE HOUSE PRESS
    79 THIRTEENTH AVENUE NE STE 110
    MINNEAPOLIS,MN55413     		NONE PUBLIC CHARITY PUBLICATION OF BOOKS BY EMERGING WRITERS 18,000
    COUNCIL ON FOUNDATIONS
    2121 CRYSTAL DRIVE SUITE 700
    ARLINGTON,VA22202     		NONE PUBLIC CHARITY GENERAL SUPPORT AND MEMBERSHIP 10,050
    COUNCIL OF LITERARY MAGAZINES AND PRESSES
    154 CHRISTOPHER STREET SUITE 3C
    NEW YORK,NY10014     		NONE PUBLIC CHARITY FACE OUT PROGRAM 46,000
    DANCE THEATER WORKSHOP
    219 WEST 19TH STREET
    NEW YORK,NY10011     		NONE PUBLIC CHARITY COMMISSIONS TO EMERGING CHOREOGRAPHERS 32,500
    DANSPACE PROJECT
    131 EAST 10TH STREET
    NEW YORK,NY10003     		NONE PUBLIC CHARITY COMMISSIONS TO EMERGING CHOREOGRAPHERS 32,500
    DIXON PLACEOPEN CHANNELS
    161A CHRYSTIE STREET
    NEW YORK,NY10002     		NONE PUBLIC CHARITY MONDO CANE! COMMISSIONING PROGRAM AND THE ARTIST-IN-RESIDENCE PROGRAM 29,000
    DULUTH ART INSTITUTE
    506 WEST MICHIGAN STREET
    DULUTH,MN55802     		NONE PUBLIC CHARITY EMERGING ARTISTS IN EXHIBITION PROGRAM 10,000
    ELECTRONIC MUSIC FOUNDATION
    307 SEVENTH AVENUE SUITE 1402
    NEW YORK,NY10001     		NONE PUBLIC CHARITY COMMISSIONS AND TECHNICAL RESIDENCIES 17,250
    ENSEMBLE STUDIO THEATRE
    549 WEST 52ND STREET
    NEW YORK,NY10019     		NONE PUBLIC CHARITY YOUNGBLOOD PROGRAM 16,000
    ETHEL'S FOUNDATION FOR THE ARTS
    331 WEST 57TH STREET 494
    NEW YORK,NY10019     		NONE PUBLIC CHARITY HOMEBAKED COMMISSIONING PROGRAM 15,000
    EXIT ART
    475 TENTH AVENUE
    NEW YORK,NY10018     		NONE PUBLIC CHARITY EMERGING ARTISTS IN THE EXHIBITION PROGRAM 15,000
    EYEBEAM ARTS TECHNOLOGY CENTER
    540 W 21ST STREET
    NEW YORK,NY10011     		NONE PUBLIC CHARITY ARTISTS AT EYEBEAM RESIDENCY PROGRAM 15,000
    EYEBEAM ARTS TECHNOLOGY CENTER (FISCAL SPONSOR) - CREAN MELANIE
    235 WYCKOFF STREET
    BROOKLYN,NY11217     		NONE PUBLIC CHARITY NEW WORK BY MELANIE CREAN 7,000
    FIELD THE PERFORMANCE ZONE (FISCAL SPONSOR) - BARTOSIK KIMBERLY
    1613 10TH AVENUE APT 1
    BROOKLYN,NY11215     		NONE PUBLIC CHARITY NEW WORK BY KIMBERLY BARTOSIK 10,000
    FIELD THE PERFORMANCE ZONE (FISCAL SPONSOR) - CASTRO COMPANY YANIRA
    135 CLINTON AVENUE 1
    BROOKLYN,NY11205     		NONE PUBLIC CHARITY NEW WORK BY YANIRA CASTRO 8,000
    FORECAST PUBLIC ART
    2324 UNIVERSITY AVE W STE 104
    SAINT PAUL,MN55114     		NONE PUBLIC CHARITY GRANT PROGRAM FOR EMERGING ARTISTS 65,000
    FOUNDATION CENTER
    79 FIFTH AVENUE
    NEW YORK,NY10003     		NONE PUBLIC CHARITY GENERAL SUPPORT 2,000
    FOUNDRY THEATRE
    140 2ND AVENUE SUITE 405
    NEW YORK,NY10003     		NONE PUBLIC CHARITY COMMISSIONING, DEVELOPMENT, AND PRODUCTION OF NEW WORKS BY ARTISTS 24,000
    FOURWAY BOOKS
    PO BOX 535
    NEW YORK,NY10014     		NONE PUBLIC CHARITY PUBLICATION OF BOOKS BY EMERGING POETS 13,000
    FRANCONIA SCULPTURE PARK
    29836 ST CROIX TRAIL
    FRANCONIA,MN55074     		NONE PUBLIC CHARITY EMERGING ARTISTS PROGRAM 35,000
    FRANKLIN FURNACE
    80 HANSON PLACE 301
    BROOKLYN,NY11217     		NONE PUBLIC CHARITY FRANKLIN FURNACE FUND FOR ARTISTS 80,000
    GIVENS FOUNDATION FOR AFRICAN AMERICAN LITERATURE
    7151 YORK AVENUE SOUTH
    MINNEAPOLIS,MN55435     		NONE PUBLIC CHARITY GIVENS BLACK WRITERS COLLABORATIVE RETREAT 18,000
    HARLEM STAGE AT THE GATEHOUSE
    150 CONVENT AVENUE
    NEW YORK,NY10031     		NONE PUBLIC CHARITY EMERGING ARTISTS' COMMISSIONS WITHIN THE FUND FOR NEW WORK 25,000
    HARVESTWORKS INC
    596 BROADWAY SUITE 602
    NEW YORK,NY10012     		NONE PUBLIC CHARITY CREATIVE RESIDENCIES PROGRAM 17,000
    HEART OF THE BEAST PUPPET AND MASK THEATRE
    1500 EAST LAKE STREET
    MINNEAPOLIS,MN55407     		NONE PUBLIC CHARITY PUPPETLAB PROGRAM 18,000
    HERE ARTS CENTER
    145 SIXTH AVENUE
    NEW YORK,NY10013     		NONE PUBLIC CHARITY HERE ARTIST RESIDENCY PROGRAM 20,000
    HIGHPOINT CENTER FOR PRINTMAKING
    912 LAKE STREET WEST
    MINNEAPOLIS,MN55408     		NONE PUBLIC CHARITY EMERGING PRINTMAKERS' FELLOWSHIP PROGRAM 17,000
    IFP MINNESOTA
    2446 UNIVERSITY AVE W STE 100
    SAINT PAUL,MN55114     		NONE PUBLIC CHARITY TRAINING & PROF. DEVELOPMENT, SCHOLARSHIPS, EQUIP. RENTAL & MEMBERSHIP 20,000
    IFP MINNESOTA
    2446 UNIVERSITY AVE W STE 100
    SAINT PAUL,MN55114     		NONE PUBLIC CHARITY SEASONS 11 AND 12 OF MNTV 66,000
    INTERMEDIA ARTS
    2822 LYNDALE AVENUE SOUTH
    MINNEAPOLIS,MN55408     		NONE PUBLIC CHARITY VERVE GRANTS FOR SPOKEN WORD POETS AND SASE/JEROME GRANTS FOR WRITERS 45,315
    ISSUE PROJECT ROOM
    232 3RD STREET 3RD FLOOR
    BROOKLYN,NY11215     		NONE PUBLIC CHARITY EMERGING COMPOSERS IN THE ARTIST IN RESIDENCY PROGRAM 18,000
    JAZZ GALLERY
    290 HUDSON STREET
    NEW YORK,NY10013     		NONE PUBLIC CHARITY COMMISSIONING AND RESIDENCY PROGRAM 25,000
    KITCHEN THE
    512 WEST 19TH STREET
    NEW YORK,NY10011     		NONE PUBLIC CHARITY EMERGING ARTISTS' COMMISSIONS 16,000
    LARK PLAY DEVELOPMENT CENTER
    311 WEST 43RD STREET
    NEW YORK,NY10036     		NONE PUBLIC CHARITY DEVELOPMENT PROGRAMS AND FELLOWSHIP FOR EMERGING PLAYWRIGHTS 20,000
    LAO AMERICAN WRITERS SUMMIT - JEROME FOUNDATION SPECIAL NEEDS (SET-ASIDE)
    503 IRVING AVENUE NORTH SUITE 100
    MINNEAPOLIS,MN55041     		NONE PUBLIC CHARITY LAO WRITERS CONFERENCE 1,000
    LOFT LITERARY CENTER
    SUITE 200 OPEN BOOK 1011 WASHINGTON
    AVENUE SOUTH
    MINNEAPOLIS,MN55415     		NONE PUBLIC CHARITY ASIAN PACIFIC ISLANDER SPOKEN WORD & POETRY SUMMIT 7,000
    LOFT LITERARY CENTER
    SUITE 200 OPEN BOOK 1011 WASHINGTON
    AVENUE SOUTH
    MINNEAPOLIS,MN55415     		NONE PUBLIC CHARITY MINNESOTA EMERGING WRITERS' GRANT PROGRAM 45,000
    LOFT LITERARY CENTER
    SUITE 200 OPEN BOOK 1011 WASHINGTON
    AVENUE SOUTH
    MINNEAPOLIS,MN55415     		NONE PUBLIC CHARITY MENTOR SERIES 49,000
    LOWER EAST SIDE PRINTSHOP
    306 WEST 37TH STREET 6TH FLOOR
    NEW YORK,NY10018     		NONE PUBLIC CHARITY KEYHOLDER AND SPECIAL EDITIONS RESIDENCY PROGRAMS 17,000
    LOWER MANHATTAN CULTURAL COUNCIL
    125 MAIDEN LANE 2ND FLOOR
    NEW YORK,NY10038     		NONE PUBLIC CHARITY WORKSPACE STUDIO RESIDENCY PROGRAM 46,000
    MABOU MINES
    150 FIRST AVENUE
    NEW YORK,NY10009     		NONE PUBLIC CHARITY SUITE RESIDENT ARTIST PROGRAM 45,000
    MINNEAPOLIS COLLEGE OF ART AND DESIGN
    2501 STEVENS AVENUE
    MINNEAPOLIS,MN55404     		NONE PUBLIC CHARITY MCAD/JEROME FELLOWSHIPS FOR EMERGING ARTISTS 80,000
    MINNEAPOLIS INSTITUTE OF ARTS
    2400 THIRD AVENUE SOUTH
    MINNEAPOLIS,MN55404     		NONE PUBLIC CHARITY MINNESOTA ARTISTS EXHIBITION PROGRAM 20,000
    MINNESOTA CENTER FOR BOOK ARTS
    AT OPEN BOOK 1011 WASHINGTON AVENUE
    S SUITE 100
    MINNEAPOLIS,MN55415     		NONE PUBLIC CHARITY BOOK ARTS MENTORSHIP AND FELLOWSHIP PROGRAM 20,000
    MINNESOTA COUNCIL ON FOUNDATIONS
    100 PORTLAND AVENUE S STE 225
    MINNEAPOLIS,MN55401     		NONE PUBLIC CHARITY GENERAL SUPPORT AND MEMBERSHIP 5,055
    MIXED BLOOD THEATRE
    1501 SOUTH FOURTH STREET
    MINNEAPOLIS,MN55454     		NONE PUBLIC CHARITY COMMISSIONING AND PRODUCTION OF FOUR NEW WORKS 7,050
    MOMENTA ART
    359 BEDFORD AVENUE
    BROOKLYN,NY11211     		NONE PUBLIC CHARITY SOLO EXHIBITIONS OF WORKS BY EMERGING ARTISTS 7,200
    MU PERFORMING ARTS
    355 WABASHA STREET N STE 140
    SAINT PAUL,MN55102     		NONE PUBLIC CHARITY NEW PERFORMANCE PROGRAM 22,500
    MUSEUM OF MODERN ART
    11 WEST 53RD STREET
    NEW YORK,NY10019     		NONE PUBLIC CHARITY RESTORATION AND PRESERVATION OF JEROME HILL'S 1961 FILM SAND CASTLE 47,500
    NEW DRAMATISTS
    424 WEST 44TH STREET
    NEW YORK,NY10036     		NONE PUBLIC CHARITY PLAYWRIGHTS LAB AND THE COMPOSER-LIBRETTIST STUDIO 80,000
    NEW GEORGES
    109 WEST 27 STREET 9A
    NEW YORK,NY10001     		NONE PUBLIC CHARITY DEVELOPMENT AND PRODUCTION OF NEW WORKS BY EMERGING PLAYWRIGHTS 30,000
    NEW RADIO AND PERFORMING ARTS INC
    129 TYSEN STREET
    STATEN ISLAND,NY10301     		NONE PUBLIC CHARITY EMERGING ARTISTS' COMMISSIONS TO CREATE NETWORKED ART FOR TURBULENCE WEBSITE 16,000
    NEW YORK THEATRE WORKSHOP
    79 EAST 4TH STREET
    NEW YORK,NY10003     		NONE PUBLIC CHARITY ARTIST DEVELOPMENT ACTIVITIES 20,000
    NORTHERN CLAY CENTER
    2424 FRANKLIN AVENUE EAST
    MINNEAPOLIS,MN55406     		NONE PUBLIC CHARITY JEROME CERAMIC ARTIST PROJECT GRANTS PROGRAM 26,500
    NORTHERN LIGHTSMN
    2751 HENNEPIN AVENUE S STE 231
    MINNEAPOLIS,MN55408     		NONE PUBLIC CHARITY ART(ISTS) ON THE VERGE FELLOWSHIP PROGRAM 63,000
    PANGEA WORLD THEATER
    711 WEST LAKE STREET 101
    MINNEAPOLIS,MN55408     		NONE PUBLIC CHARITY ALTERNATE VISIONS 16,000
    PANGEA WORLD THEATER (FISCAL SPONSOR) - ANICCHA ARTS
    711 WEST LAKE STREET 101
    MINNEAPOLIS,MN55408     		NONE PUBLIC CHARITY CREATION & DEVELOPMENT OF NEW WORK BY ANICCHA ARTS 7,000
    PENUMBRA THEATRE COMPANY
    270 NORTH KENT STREET
    SAINT PAUL,MN55102     		NONE PUBLIC CHARITY OKRA: NEW PLAY DEVELOPMENT PROGRAM 15,000
    PERFORMANCE SPACE 122
    150 FIRST AVENUE
    NEW YORK,NY10009     		NONE PUBLIC CHARITY COMMISSIONS OF NEW WORKS BY EMERGING ARTISTS 42,500
    PHILANTHROPY NEW YORK
    79 FIFTH AVENUE 4TH FLOOR
    NEW YORK,NY10003     		NONE PUBLIC CHARITY GENERAL SUPPORT AND MEMBERSHIP 800
    PILLSBURY UNITED COMMUNITIESPILLSBURY HOUSE THEATRE
    3501 CHICAGO AVENUE S
    MINNEAPOLIS,MN55407     		NONE PUBLIC CHARITY NAKED STAGES PROGRAM 36,500
    PILLSBURY UNITED COMMUNITIESPILLSBURY HOUSE THEATRE
    3501 CHICAGO AVENUE S
    MINNEAPOLIS,MN55407     		NONE PUBLIC CHARITY DEVELOPMENT AND PRODUCTION OF NEW WORKS BY EMERGING PLAYWRIGHTS 9,000
    PILLSBURY UNITED COMMUNITIESPILLSBURY HOUSE THEATRE
    3501 CHICAGO AVENUE S
    MINNEAPOLIS,MN55407     		NONE PUBLIC CHARITY THE LATE NITE SERIES. 36,500
    PLAYWRIGHTS' CENTER THE
    2301 FRANKLIN AVENUE EAST
    MINNEAPOLIS,MN55406     		NONE PUBLIC CHARITY MANY VOICES FELLOWSHIP PROGRAM & JEROME FELLOWSHIP IN PLAYWRITING 107,000
    PLAYWRIGHTS HORIZONS
    416 WEST 42ND STREET
    NEW YORK,NY10036     		NONE PUBLIC CHARITY DEVELOPMENT AND PRODUCTION OF NEW WORKS BY EMERGING PLAYWRIGHTS 46,000
    POETS HOUSE
    10 RIVER TERRACE
    NEW YORK,NY10282     		NONE PUBLIC CHARITY EMERGING WRITERS URBAN RESIDENCY PROGRAM 25,000
    RED EYE THEATER
    15 WEST 14TH STREET
    MINNEAPOLIS,MN55403     		NONE PUBLIC CHARITY NEW WORKS 4 WEEKS FESTIVAL AND A COMMISSION TO AN EMERGING PLAYWRIGHT 31,500
    RHIZOME
    235 BOWERY
    NEW YORK,NY10002     		NONE PUBLIC CHARITY COMMISSIONING PROGRAM FOR EMERGING ARTISTS 13,500
    ROCHESTER ART CENTER
    40 CIVIC CENTER DRIVE SE
    ROCHESTER,MN55904     		NONE PUBLIC CHARITY 3RD FLOOR EMERGING ARTISTS SERIES. 20,000
    ROULETTE INTERMEDIUM INC
    228 WEST BROADWAY
    NEW YORK,NY10013     		NONE PUBLIC CHARITY CONTEMPORARY MUSIC SERIES AND THE EMERGING COMPOSERS COMMISSIONING PROGRAM 44,000
    SEWELL BALLET JAMES
    528 HENNEPIN AVENUE SUITE 205
    MINNEAPOLIS,MN55403     		NONE PUBLIC CHARITY BALLET WORKS PROJECT 12,000
    SIGMAN JILL THINKDANCE
    235 WEST 102 STREET 14T
    NEW YORK,NY10025     		NONE PUBLIC CHARITY CREATION AND PRODUCTION OF NEW WORK 8,000
    SMACK MELLON
    92 PLYMOUTH STREET
    BROOKLYN,NY11201     		NONE PUBLIC CHARITY EMERGING ARTISTS IN THE ARTIST STUDIO PROGRAM 10,000
    SOAP FACTORY THE
    PO BOX 581696
    MINNEAPOLIS,MN55458     		NONE PUBLIC CHARITY EMERGING ARTISTS IN THE EXHIBITION PROGRAM 25,000
    SOCRATES SCULPTURE PARK
    PO BOX 6259 32-01 VERNON BLVD
    LONG ISLAND CITY,NY11106     		NONE PUBLIC CHARITY EMERGING ARTIST FELLOWSHIP PROGRAM 23,000
    SOHO REP
    401 BROADWAY SUITE 300
    NEW YORK,NY10013     		NONE PUBLIC CHARITY CREATION, DEVELOPMENT, AND PRODUCTION OF NEW WORKS BY EMERGING PLAYWRIGHTS 15,000
    SPRINGBOARD FOR THE ARTS
    308 PRINCE STREET SUITE 270
    SAINT PAUL,MN55101     		NONE PUBLIC CHARITY PROFESSIONAL DEVELOPMENT SERVICES FOR ARTISTS. 31,000
    SPRINGBOARD FOR THE ARTS (FISCAL SPONSOR) - BODYCARTOGRAPHY
    3528 - 10TH AVENUE SOUTH
    MINNEAPOLIS,MN55407     		NONE PUBLIC CHARITY BODYCARTOGRAPHY PROJECT 10,000
    SPRINGBOARD FOR THE ARTS (FISCAL SPONSOR) - YON CHRIS
    914 EAST 36TH STREET
    MINNEAPOLIS,MN55407     		NONE PUBLIC CHARITY NEW WORK BY CHRIS YON 8,500
    STREB LAB FOR ACTION MECHANICS
    51 NORTH 1ST STREET
    BROOKLYN,NY11211     		NONE PUBLIC CHARITY EMERGING ARTISTS COMMISSIONING PROGRAM 21,000
    STUDIO MUSEUM IN HARLEM THE
    144 WEST 125TH STREET
    NEW YORK,NY10027     		NONE PUBLIC CHARITY ARTISTS-IN-RESIDENCE PROGRAMS 28,000
    TEXTILE CENTER
    3000 UNIVERSITY AVE SE STE 100
    MINNEAPOLIS,MN55414     		NONE PUBLIC CHARITY FIBER ARTISTS PROJECT GRANTS AND PROGRAMS AND SERVICES FOR EMERGING ARTISTS 30,800
    TICKLE THE SLEEPING GIANT
    47 CLINTON STREET 2
    NEW YORK,NY10002     		NONE PUBLIC CHARITY DEVELOPMENT AND PRODUCTION OF WORK BY TRAJAL HARRELL 8,000
    TOFTE LAKE CENTER
    2209 FERNBERG ROAD
    ELY,MN55731     		NONE PUBLIC CHARITY EMERGING ARTISTS' RESIDENCIES 16,000
    VOCAL ESSENCE
    1900 NICOLLET AVENUE
    MINNEAPOLIS,MN55403     		NONE PUBLIC CHARITY ESSENTIALLY CHORAL 27,000
    VSA MINNESOTA
    528 HENNEPIN AVENUE SUITE 305
    MINNEAPOLIS,MN55403     		NONE PUBLIC CHARITY VSA MINNESOTA/JEROME FOUNDATION PROJECT GRANTS FOR ARTISTS WITH DISABILITIES 19,000
    ZEITGEIST
    275 EAST FOURTH STREET STE 200
    SAINT PAUL,MN55101     		NONE PUBLIC CHARITY ZEITGEIST/COMPOSER WORKSHOP 13,500
    ZENON DANCE COMPANY AND SCHOOL INC
    528 HENNEPIN AVENUE 400
    MINNEAPOLIS,MN55403     		NONE PUBLIC CHARITY EMERGING CHOREOGRAPHERS' COMMISSIONS FOR NEW WORKS 25,000
    JEROME FOUNDATION - MISCELLANEOUS GRANTS
    400 SIBLEY STREET
    SAINT PAUL,MN55101     		NONE PUBLIC CHARITY MISC. PROGRAMS & GRANTS TO COVER ADMIN. EXPENSES FOR INDIVIDUAL PROGRAMS 60,315
    Total .................................bullet 3a 3,007,952
    bApproved for future payment
    MICHAEL JOSEPH ETOLL
    1007 LIVINGSTON AVENUE
    WEST SAINT PAUL,MN55118     		NONE N/A PRODUCTION OF PILGRIMAGE TO THE GRAVE OF TINY TIM 5,000
    JAMES GRAFSGAARD
    1620 CENTRAL AVENUE NE 155
    MINNEAPOLIS,MN55413     		NONE N/A PRODUCTION OF MIDAS RAT AND ME 2,500
    SUSANNAH PATRICE MORSE
    PO BOX 231
    BOLINAS,CA94924     		NONE N/A PRODUCTION OF HAUNTED BY THE LIGHT 7,680
    RAMON NUNEZ
    1270 WILDFLOWER LANE
    CHASKA,MN55318     		NONE N/A PRODUCTION OF BLUE HANDS 100
    ANN PRIM
    824 MOUND STREET
    SAINT PAUL,MN55106     		NONE N/A PRODUCTION OF CONCRETE JUNGLES: THE TRUE STORY OF STREET KIDS IN AMERICA 14,500
    JESSE ROESLER
    5301 HARRIET AVENUE SOUTH
    MINNEAPOLIS,MN55419     		NONE N/A PRODUCTION OF GIVE ME YOUR HUNGRY 15,000
    DUSTIN M ROSENMARK
    311 - 24TH STREET NE
    ROCHESTER,MN55906     		NONE N/A PRODUCTION OF BLUE HANDS 2,377
    JENNY SCHMID
    3240 ELLIOT AVENUE SOUTH
    MINNEAPOLIS,MN55407     		NONE N/A PRODUCTION OF VLD SK8R GRL (VEILED SKATER GIRL): AN ANIMATED RESISTANCE 15,500
    ANAL SHAH
    310 4TH AVENUE SOUTH 307
    SAINT CLOUD,MN56301     		NONE N/A PRODUCTION OF CHALCHITRA - RAILYATRA 6,900
    MOLLY WORRE CARRIE VOLK AND CARRIE
    5601 VINCENT AVENUE SOUTH
    MINNEAPOLIS,MN55410     		NONE N/A PRODUCTION OF GOLDEN HOUR 10,000
    MARCUS YOUNG
    209 - 8TH STREET EAST UNIT 410
    SAINT PAUL,MN55101     		NONE N/A PRODUCTION OF THOUGHTS #1, #2 1,500
    KEITH BEARDEN
    35-44 34TH STREET 2A
    LONG ISLAND CITY,NY11106     		NONE N/A PRODUCTION OF GOD HATES KANSAS 500
    NORMAN COWIE
    674 KINGMAN AVENUE
    SANTA MONICA,CA90402     		NONE N/A PRODUCTION OF THE DIMENSION IN WHICH IT REIGNS SUPREME 5,000
    BART EVERLY
    579 WEST 215TH STREET 4D
    NEW YORK,NY10034     		NONE N/A PRODUCTION OF VELVET VISION 10,000
    YANCE FORD
    34-20 79TH STREET 5E
    JACKSON HEIGHTS,NY11372     		NONE N/A PRODUCTION OF STRONG ISLAND (WORKING TITLE) 5,000
    ODED HIRSCH
    4752 44TH STREET D4
    WOODSIDE,NY11377     		NONE N/A PRODUCTION OF THERE IS NOTHING NEW 15,000
    ROBIN HONAN
    321 CARLTON AVENUE 3
    BROOKLYN,NY11205     		NONE N/A PRODUCTION OF AIN'T I A WOMAN 10,000
    DEVIN HORAN
    165 WASHINGTON PARK AVENUE
    BROOKLYN,NY11205     		NONE N/A PRODUCTION OF LATE AND DEEP 2,600
    ABBEY LUCK
    288 DEVOE 3L
    BROOKLYN,NY11211     		NONE N/A PRODUCTION OF THE OBSERVER 630
    ALYSA NAHMIAS
    41 POWERS STREET
    BROOKLYN,NY11211     		NONE N/A PRODUCTION OF UNFINISHED SPACES 5,000
    IRINA PATKANIAN
    67 SAINT FELIX STREET 3R
    BROOKLYN,NY11217     		NONE N/A PRODUCTION OF LIVING HERE. KAMCHATKA TALE. 7,000
    REMY WEBER
    30-07 48TH STREET
    ASTORIA,NY11103     		NONE N/A PRODUCTION OF KISS THE PAST GOODBYE 2,000
    MIA WECHSLER
    30 MAIN STREET 2B
    BROOKLYN,NY11201     		NONE N/A PRODUCTION OF MELVIN AND JEAN: AN AMERICAN STORY 20,000
    MATT WOLF
    402 GRAHAM AVENUE PMB 134
    BROOKLYN,NY11211     		NONE N/A PRODUCTION OF TEENAGE 15,000
    NATHAN FISHER
    4359 BROWNDALE AVENUE
    ST LOUIS PARK,MN55424     		NONE N/A TRAVEL AND STUDY GRANT 4,800
    KELI GARRETT
    300 4TH STREET EAST
    SAINT PAUL,MN55101     		NONE N/A TRAVEL AND STUDY GRANT 4,500
    CORY HINKLE
    3444 COLFAX AVENUE SOUTH 3
    MINNEAPOLIS,MN55408     		NONE N/A TRAVEL AND STUDY GRANT 930
    LOIRA LIMBAL
    2115 HUGHES AVENUE 26
    BRONX,NY10457     		NONE N/A TRAVEL AND STUDY GRANT 4,000
    DARNETHA LINCOLN M'BAYE
    128 WEST 138TH STREET 5B
    NEW YORK,NY10030     		NONE N/A TRAVEL AND STUDY GRANT 4,600
    GAYLA MARTY
    1518 JEFFERSON STREET NE
    MINNEAPOLIS,MN55413     		NONE N/A TRAVEL AND STUDY GRANT 5,000
    ANDREA MILLER
    304 WEST 75TH STREET 6B
    NEW YORK,NY10023     		NONE N/A TRAVEL AND STUDY GRANT 3,710
    MANKWE NDOSI
    3229 PILLSBURY AVENUE
    MINNEAPOLIS,MN55408     		NONE N/A TRAVEL AND STUDY GRANT 4,600
    JEANINE OLESON
    125 CONCORD STREET
    BROOKLYN,NY11201     		NONE N/A TRAVEL AND STUDY GRANT 4,822
    CHRISTINA A OLIVARES
    601 WEST 136TH STREET APT 23
    NEW YORK,NY10031     		NONE N/A TRAVEL AND STUDY GRANT 4,335
    KAZ PHILLIPS
    280 OCEAN PARKWAY 2V
    BROOKLYN,NY11218     		NONE N/A TRAVEL AND STUDY GRANT 4,100
    MARLO PORAS
    518 47TH STREET 3
    BROOKLYN,NY11220     		NONE N/A TRAVEL AND STUDY GRANT 4,900
    MICHAEL REANO
    1382 HEWITT AVENUE
    SAINT PAUL,MN55104     		NONE N/A TRAVEL AND STUDY GRANT 2,300
    SALLY ROUSSE
    2609 BURNHAM ROAD
    MINNEAPOLIS,MN55416     		NONE N/A TRAVEL AND STUDY GRANT 2,317
    FRANK SANDER
    6286 COPPERLINE ROAD
    DULUTH,MN55804     		NONE N/A TRAVEL AND STUDY GRANT 5,000
    PURVI SHAH
    276 5TH AVENUE 4R
    BROOKLYN,NY11215     		NONE N/A TRAVEL AND STUDY GRANT 5,000
    JEFFREY SKEMP
    3052 11TH AVENUE SOUTH 5
    MINNEAPOLIS,MN55407     		NONE N/A TRAVEL AND STUDY GRANT 4,740
    VANESSA VOSKUIL
    709 8TH AVENUE SE 8
    MINNEAPOLIS,MN55414     		NONE N/A TRAVEL AND STUDY GRANT 5,000
    KAO CHOUA VUE
    262 EAST 4TH STREET 501
    SAINT PAUL,MN55101     		NONE N/A TRAVEL AND STUDY GRANT 3,400
    ANDERSON CENTER
    163 TOWER VIEW DRIVE PO BOX 406
    RED WING,MN55066     		NONE PUBLIC CHARITY RESIDENCIES FOR EMERGING ARTISTS 16,000
    DANSPACE PROJECT
    131 EAST 10TH STREET
    NEW YORK,NY10003     		NONE PUBLIC CHARITY COMMISSIONS TO EMERGING CHOREOGRAPHERS 32,500
    EYEBEAM ARTS TECHNOLOGY CENTER
    540 W 21ST STREET
    NEW YORK,NY10011     		NONE PUBLIC CHARITY ARTISTS AT EYEBEAM RESIDENCY PROGRAM 15,000
    FRANKLIN ART WORKS
    1021 EAST FRANKLIN AVENUE
    MINNEAPOLIS,MN55404     		NONE PUBLIC CHARITY EXHIBITION OF WORKS BY EMERGING ARTISTS 20,000
    HARVESTWORKS INC
    596 BROADWAY SUITE 602
    NEW YORK,NY10012     		NONE PUBLIC CHARITY CREATIVE RESIDENCIES PROGRAM 8,500
    HERE ARTS CENTER
    145 SIXTH AVENUE
    NEW YORK,NY10013     		NONE PUBLIC CHARITY HERE ARTIST RESIDENCY PROGRAM 20,000
    HIGHPOINT CENTER FOR PRINTMAKING
    912 LAKE STREET WEST
    MINNEAPOLIS,MN55408     		NONE PUBLIC CHARITY EMERGING PRINTMAKER FELLOWSHIP PROGRAM 17,000
    LARK PLAY DEVELOPMENT CENTER
    311 WEST 43RD STREET
    NEW YORK,NY10036     		NONE PUBLIC CHARITY DEVELOPMENTAL PROGRAMS AND FELLOWSHIPS FOR EMERGING PLAYWRIGHTS 8,000
    LOFT LITERARY CENTER
    SUITE 200 OPEN BOOK 1011 WASHINGTON
    AVENUE SOUTH
    MINNEAPOLIS,MN55415     		NONE PUBLIC CHARITY MENTOR SERIES 49,000
    MABOU MINES
    150 FIRST AVENUE
    NEW YORK,NY10009     		NONE PUBLIC CHARITY SUITE RESIDENT ARTIST PROGRAM 15,000
    MINNEAPOLIS INSTITUTE OF ARTS
    2400 THIRD AVENUE SOUTH
    MINNEAPOLIS,MN55404     		NONE PUBLIC CHARITY MINNESOTA ARTISTS EXHIBITION PROGRAM 20,000
    MINNESOTA CENTER FOR BOOK ARTS
    AT OPEN BOOK 1011 WASHINGTON AVENUE
    S SUITE 100
    MINNEAPOLIS,MN55415     		NONE PUBLIC CHARITY BOOK ARTS MENTORSHIP AND FELLOWSHIP PROGRAM 23,000
    MIXED BLOOD THEATRE
    1501 SOUTH FOURTH STREET
    MINNEAPOLIS,MN55454     		NONE PUBLIC CHARITY COMMISSIONING AND PRODUCTION OF FOUR NEW WORKS 11,550
    MIZNA
    2205 CALIFORNIA ST NESTE 109A
    MINNEAPOLIS,MN55418     		NONE PUBLIC CHARITY ARTISTS FEES AND THE PUBLICATION OF THE MIZNA JOURNAL 16,000
    NEW RADIO AND PERFORMING ARTS INC
    129 TYSEN STREET
    STATEN ISLAND,NY10301     		NONE PUBLIC CHARITY EMERGING ARTISTS' COMMISSIONS TO CREATE NETWORKED ART FOR TURBULENCE WEBSITE 16,000
    NEW YORK FOUNDATION FOR THE ARTS (FISCAL SPONSOR) - HASSABI MARIA
    113 W 27TH STREET 2
    NEW YORK,NY10001     		NONE PUBLIC CHARITY NEW WORK BY MARIA HASSABI 8,000
    NORTHERN LIGHTS MN
    2751 HENNEPIN AVENUE S STE 231
    MINNEAPOLIS,MN55408     		NONE PUBLIC CHARITY ART(ISTS) ON THE VERGE FELLOWSHIP PROGRAM 65,000
    PANGEA WORLD THEATER
    711 WEST LAKE STREET 101
    MINNEAPOLIS,MN55408     		NONE PUBLIC CHARITY ALTERNATE VISIONS 16,000
    ROULETTE INTERMEDIUM INC
    228 WEST BROADWAY
    NEW YORK,NY10013     		NONE PUBLIC CHARITY CONTEMPORARY MUSIC SERIES AND EMERGING COMPOSER COMMISSIONING PROGRAM 20,000
    SOCRATES SCULPTURE PARK
    PO BOX 6259 32-01 VERNON BOULEVARD
    LONG ISLAND CITY,NY11106     		NONE PUBLIC CHARITY EMERGING ARTIST FELLOWSHIP PROGRAM 23,000
    SPRINGBOARD FOR THE ARTS
    308 PRINCE STREET SUITE 270
    SAINT PAUL,MN55101     		NONE PUBLIC CHARITY PROFESSIONAL DEVELOPMENT SERVICES FOR ARTISTS 31,000
    TEACHERS & WRITERS COLLABORATIVE
    520 EIGHTH AVENUE SUITE 2020
    NEW YORK,NY10018     		NONE PUBLIC CHARITY FELLOWSHIP PROGRAM FOR EMERGING WRITERS 16,000
    VSA MINNESOTA
    528 HENNEPIN AVENUE SUITE 305
    MINNEAPOLIS,MN55403     		NONE PUBLIC CHARITY VSA MINNESOTA/JEROME FOUNDATION PROJECT GRANTS FOR ARTISTS WITH DISABILITIES 19,000
    JEROME FOUNDATION - MISCELLANEOUS GRANTS
    400 SIBLEY STREET
    SAINT PAUL,MN55101     		NONE PUBLIC CHARITY MISC. PROGRAMS & GRANTS TO COVER ADMIN. EXPENSES FOR INDIVIDUAL PROGRAMS 30,641
    Total ..................................bullet 3b 773,032
    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          
    4 Dividends and interest from securities....     14 1,990,106  
    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     18 261,624  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aSECURITIES LITIGATION SETTLEMENT     01 9,677  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,261,407 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    132,261,407
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2010
    Name of organization
    JEROME FOUNDATION INC
     
    Employer identification number

    41-6035163
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule—
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
    Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part I
    Name of organization
    JEROME FOUNDATION INC
          		Employer identification number

    41-6035163
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    1
     
     

    GENERAL MILLS FOUNDATION    
    PO BOX 1113
       
    MINNEAPOLIS, MN   55440

    		$25,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    2
     
     

    HRK FOUNDATION    
    1200 LANDMARK TOWER 345 ST PETER ST
       
    ST PAUL, MN   55102

    		$10,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part II
    Name of organization
    JEROME FOUNDATION INC
          		Employer identification number

    41-6035163
    Part II
    Noncash Property (see Instructions)
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part III
    Name of organization
    JEROME FOUNDATION INC
          		Employer identification number

    41-6035163
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2010 AccountingFeesSchedule
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT FEES 15,845 6,338   9,507

    TY 2010 GeneralExplanationAttachment
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    Identifier Return Reference Explanation
    PROGRAM DESCRIPTIONS FOR CHARITABLE ACTIVITIES FORM 990-PF, PART IX-A, SUMMARY OF DIRECT CHARITABLE ACTIVITIES TRAVEL AND STUDY GRANT PROGRAM 2010-11THE TRAVEL AND STUDY GRANT PROGRAM AWARDS GRANTS TO EMERGING CREATIVE ARTISTS AND MINNESOTA-BASED ARTS ADMINISTRATORS. THE PROGRAM IS RESTRICTED TO MINNESOTA AND NEW YORK CITY-BASED INDIVIDUALS. FUNDS SUPPORT PERIODS OF TRAVEL FOR THE PURPOSE OF STUDY, EXPLORATION, AND GROWTH. IN DANCE, CHOREOGRAPHERS WERE ELIGIBLE TO APPLY; IN FILM AND VIDEO, FILM AND VIDEO DIRECTORS WERE ELIGIBLE; AND LITERATURE, POETS, SPOKEN WORD ARTISTS, FICTION AND CREATIVE NONFICTION WRITERS WERE ELIGIBLE TO APPLY. THE PROGRAM SUPPORTS SUCH ACTIVITIES AS RESEARCH LEADING TO THE CREATION OF NEW WORK, THE DEVELOPMENT OF COLLABORATIONS, PARTICIPATION IN SPECIFIC TRAINING PROGRAMS, TIME FOR REFLECTION AND INDIVIDUALIZED STUDY, INVESTIGATING ARTISTIC WORK OUTSIDE OF MINNESOTA OR NEW YORK CITY, AND DIALOGUE ON AESTHETIC ISSUES. THREE-PERSON SELECTION PANELS IN EACH ELIGIBLE DISCIPLINE REVIEWED PROPOSALS AND RECOMMENDED RECIPIENTS TO THE JEROME FOUNDATION BOARD, WHICH APPROVED ALL GRANTS. SELECTION IS BASED ON THE QUALITY AND POTENTIAL OF THE APPLICANT'S WORK AND THE SIGNIFICANCE AND APPROPRIATENESS OF THE PROPOSED TRIP. THE GENERAL MILLS FOUNDATION, THE ART AND MARTHA KAEMMER FUND OF HRK FOUNDATION AND THE JEROME FOUNDATION PROVIDED FINANCIAL SUPPORT; JEROME FOUNDATION ADMINISTERED THE PROGRAM. THIRTY-THREE GRANTS TOTALING $137,601, RANGING IN SIZE FROM $1,500 TO $5,000, WERE AUTHORIZED IN THE FOUNDATION'S 2010-11 FISCAL YEAR. THREE-PERSON PANELS IN EACH ELIGIBLE ARTS DISCIPLINE REVIEWED 290 APPLICATIONS: 100 FROM MINNESOTA AND 190 FROM NEW YORK CITY. THE PANEL RECOMMENDATIONS WERE REVIEWED BY THE JEROME FOUNDATION DIRECTORS, WHO AUTHORIZED THE GRANTS. PANELISTS WERE ISHMAEL HOUSTON-JONES, APARNA RAMASWAMY, AND LAURIE VAN WIEREN, FOR DANCE; JANE MINTON, JAKE YUZNA, AND CRISTINA IBARRA, FOR FILM AND VIDEO; AND PATRICIA SPEARS JONES, CHRISTOPHER FISCHBACH, AND DIANE WILSON, FOR LITERATURE. GRANTS WERE MADE TO:DANCEDEBORAH BLACK AND KARL CRONIN: RIDGEWOOD (QUEEN), NEW YORKMARCIANO SILVA DOS SANTOS: SHOREVIEW, MINNESOTAJENNIE MARYTAI LIU: BROOKLYN, NEW YORKMEGAN MAYER: MINNEAPOLIS, MINNESOTADARNETHA LINCOLN M'BAYE: NEW YORK, NEW YORKANDREA MILLER: NEW YORK, NEW YORKSALLY ROUSSE: MINNEAPOLIS, MINNESOTAGLENDA SOL KOERAUS: NEW YORK, NEW YORKREBECCA L. THOMAS: NEW YORK, NEW YORKVANESSA VOSKUIL: MINNEAPOLIS, MINNESOTAFILM AND VIDEOMARIA BUYONDO: BROOKLYN, NEW YORKNATHAN FISHER: ST. LOUIS PARK, MINNESOTALISETTE MARIE FLANARY: BROOKLYN, NEW YORKLOIRA LIMBAL: BRONX, NEW YORKKAZ PHILLIPS: BROOKLYN, NEW YORKMARLO PORAS: BROOKLYN, NEW YORKGILAD RATMAN: NEW YORK, NEW YORKMICHAEL REANO: ST. PAUL, MINNESOTAFRANK SANDER: DULUTH, MINNESOTAMICHAEL SUTZ: ST. PAUL, MINNESOTAKAO CHOUA VUE: ST. PAUL, MINNESOTAJOSHUA ZUCKER-PLUDA: NEW YORK, NEW YORKLITERATURELATASHA DIGGS: NEW YORK, NEW YORKPALLAVI SHARMA DIXIT: MINNEAPOLIS, MINNESOTASARAH DOHRMANN: BROOKLYN, NEW YORKJIBADE-KHALIL HUFFMAN: BROOKLYN, NEW YORKCHRISSY KOLAYA: MORRIS, MINNESOTAGAYLA MARTY: MINNEAPOLIS, MINNESOTACHRISTINA A. OLIVARES: NEW YORK, NEW YORKALISON ROH PARK: JACKSON HEIGHTS, NEW YORKPURVI SHAH: BROOKLYN, NEW YORKJEFFREY SKEMP: MINNEAPOLIS, MINNESOTAKA VANG: ST. PAUL, MINNESOTATHIS PROGRAM OPERATES IN ACCORDANCE WITH A PRIVATE LETTER RULING FROM THE IRS.MINNESOTA FILM AND VIDEO PROGRAM 2010-11THE JEROME FOUNDATION OPERATES A PRODUCTION GRANT PROGRAM FOR INDIVIDUAL FILM AND VIDEO ARTISTS WHO ARE MINNESOTA RESIDENTS. THIS PROGRAM SERVES ARTISTS WHO WORK IN THE GENRES OF EXPERIMENTAL, NARRATIVE, ANIMATION AND DOCUMENTARY PRODUCTION. IT DOES NOT SUPPORT INSTALLATION, NEW MEDIA OR INTERACTIVE WORK, WHICH ARE SUBSIDIZED IN OTHER FOUNDATION PROGRAMS. IT ALSO DOES NOT SUPPORT COMMERCIAL, INDUSTRIAL, INFORMATIONAL OR EDUCATIONAL WORK. THIS PROGRAM AWARDS PRODUCTION GRANTS TO EMERGING ARTISTS WHOSE WORK SHOWS PROMISE OF EXCELLENCE. THE TERM EMERGING REFERS TO CAREER DEVELOPMENT AND LEVEL OF RECOGNITION, NOT STYLISTIC EVOLUTION. COLLABORATIVE PROJECTS IN WHICH CREATIVE CONTROL IS SHARED ARE ALSO ELIGIBLE.PREFERENCE IS GIVEN TO PERSONAL WORK IN WHICH THE ARTIST EXERCISES COMPLETE CREATIVE CONTROL OVER ALL ASPECTS OF PRODUCTION. THIS MEANS THE APPLICANT MUST BE THE "DIRECTOR" OF THE WORK. THE LEVEL OF SUPPORT OFFERED BY THE FOUNDATION GENERALLY RANGES FROM $5,500 TO $30,000 PER PROJECT.THE JEROME FOUNDATION BOARD OF DIRECTORS, AT ITS BOARD MEETING ON JULY 13, 2010 AUTHORIZED SEVEN GRANTS BASED ON THE RECOMMENDATIONS OF THE MINNESOTA FILM AND VIDEO PROGRAM REVIEW PANEL. THE PANEL MET ON JUNE 22 AND 23, 2010, TO REVIEW 71 APPLICATIONS (66 FROM INDIVIDUALS WHO HAD NOT BEEN PREVIOUSLY FUNDED BY THIS PROGRAM AND FIVE FROM PREVIOUS RECIPIENTS). THE PANELISTS WERE FILMMAKER MARK WOJAHN; FILMMAKER AND PRODUCER CRAIG RICE; AND FILMMAKER AND PRODUCER ESTHER ROBINSON. OF THE 71 APPLICATIONS REVIEWED, SEVEN GRANTS TOTALING $90,000 WERE AUTHORIZED TO MICHAEL JOSEPH ETOLL, JAMES GRAFSGAARD, ANN PRIM, JESSE ROESLER, DUSTIN ROSEMARK, JENNY SCHMID, AND ANAL SHAH.THIS PROGRAM OPERATES IN ACCORDANCE WITH A PRIVATE LETTER RULING FROM THE IRS.NEW YORK CITY FILM AND VIDEO PROGRAM 2010-11THE JEROME FOUNDATION OPERATES A GRANT PROGRAM FOR INDIVIDUAL FILM AND VIDEO ARTISTS WHO RESIDE WITHIN THE FIVE BOROUGHS OF NEW YORK CITY. THIS PROGRAM SERVES FILM AND VIDEO ARTISTS WHO WORK IN THE GENRES OF EXPERIMENTAL, NARRATIVE, ANIMATION AND DOCUMENTARY PRODUCTION. THIS PROGRAM DOES NOT SUPPORT INSTALLATION, NEW MEDIA OR INTERACTIVE WORK, WHICH ARE SUBSIDIZED IN OTHER FOUNDATION PROGRAMS. IT ALSO DOES NOT SUPPORT COMMERCIAL, INDUSTRIAL, INFORMATIONAL OR EDUCATIONAL WORK. THIS PROGRAM AWARDS PRODUCTION GRANTS TO EMERGING ARTISTS WHO MAKE CREATIVE USE OF THEIR RESPECTIVE MEDIA. THE FOUNDATION SUPPORTS ARTISTS WHOSE WORK SHOWS PROMISE OF EXCELLENCE. THESE ARTISTS WILL MOST OFTEN BE IN THE EARLY STAGES OF THEIR CAREERS AND WILL NOT HAVE HAD THE SUPPORT NEEDED TO ACHIEVE MAJOR RECOGNITION FOR THEIR WORK. ONLY APPLICANTS WHO HAVE TOTAL CREATIVE CONTROL OF THEIR PROJECTS QUALIFY FOR SUPPORT. THIS PERSON IS USUALLY IDENTIFIED AS THE DIRECTOR. THE JEROME FOUNDATION BOARD OF DIRECTORS, AT ITS BOARD MEETING ON MAY 14, 2010, AUTHORIZED SIX GRANTS BASED ON THE RECOMMENDATIONS OF THE NEW YORK CITY FILM AND VIDEO PROGRAM REVIEW PANEL. THE PANEL MET ON FEBRUARY 25 AND 26, 2010, AT ANTHOLOGY FILM ARCHIVES TO REVIEW 51 APPLICATIONS (46 FROM INDIVIDUALS WHO HAD NOT BEEN PREVIOUSLY FUNDED BY THIS PROGRAM, AND FIVE FROM PREVIOUS RECIPIENTS). THE PANEL CONSISTED OF FILMMAKER LINDA GOODE-BRYANT; CO-DIRECTOR OF THE TRIBECA FILM INSTITUTE, EILEEN NEWMAN; AND SIMON KILMURRY, EXECUTIVE DIRECTOR OF POV. OF THE 51 APPLICATIONS REVIEWED, SIX GRANTS TOTALING $110,000 WERE AUTHORIZED FOR PATRICIA BENOIT, CRISTINA IBARRA, JENNIFER REDFEARN, DEE REES, KEITH BEARDEN, AND MARIE LOSIER.THE JEROME FOUNDATION BOARD OF DIRECTORS, AT ITS BOARD MEETING ON SEPTEMBER 27, 2010, AUTHORIZED SEVEN GRANTS BASED ON THE RECOMMENDATIONS OF THE NEW YORK CITY FILM AND VIDEO PROGRAM REVIEW PANEL. THE PANEL MET ON JULY 6 AND 7, 2010, AT ANTHOLOGY FILM ARCHIVES TO REVIEW 62 APPLICATIONS (58 FROM INDIVIDUALS WHO HAD NOT PREVIOUSLY BEEN FUNDED BY THE PROGRAM, AND FOUR FROM PREVIOUS RECIPIENTS). THE PANEL CONSISTED OF FILMMAKER LINDA GOODE-BRYANT; CO-DIRECTOR OF THE TRIBECA FILM INSTITUTE, EILEEN NEWMAN; AND SIMON KILMURRY, EXECUTIVE DIRECTOR OF POV. OF THE 62 APPLICATIONS REVIEWED, SEVEN GRANTS TOTALING $95,000 WERE AUTHORIZED FOR REUBEN ATLAS, RAQUEL CEPEDA, IRINA PATKANIAN, GABRIEL WINER, JESSICA WOLFSON & PAUL LOVELACE, JEREMY XIDO, AND SIGNE BAUMANE.THE JEROME FOUNDATION BOARD OF DIRECTORS, AT ITS BOARD MEETING ON FEBRUARY 11, 2011, AUTHORIZED SEVEN GRANTS BASED ON THE RECOMMENDATIONS OF THE NEW YORK CITY FILM AND VIDEO PROGRAM REVIEW PANEL. THE PANEL MET ON NOVEMBER 30 AND DECEMBER 1, 2010, AT ANTHOLOGY FILM ARCHIVES TO REVIEW 50 APPLICATIONS (48 FROM INDIVIDUALS WHO HAD NOT PREVIOUSLY BEEN FUNDED BY THE PROGRAM, AND TWO FROM PREVIOUS RECIPIENTS). THE PANEL CONSISTED OF FILMMAKER LINDA GOODE-BRYANT; CO-DIRECTOR OF THE TRIBECA FILM INSTITUTE, EILEEN NEWMAN; AND SIMON KILMURRY, EXECUTIVE DIRECTOR OF POV. OF THE 50 APPLICATIONS REVIEWED, SEVEN GRANTS TOTALING $90,000 WERE AUTHORIZED FOR BART EVERLY, YANCE FORD, ODED HIRSCH, ROBIN HONAN, DEVIN HORAN, ABBEY LUCK, AND MATT WOLF.THIS PROGRAM OPERATES IN ACCORDANCE WITH A PRIVATE LETTER RULING FROM THE IRS.GENERAL GRANTS PROGRAM AND SERVICE PROGRAM 2010-11THE GENERAL GRANTS PROGRAM REPRESENTS THE FOUNDATION'S BASIC GRANT PROGRAM. THE FOUNDATION TRACKS THE PERCENTAGE OF TIME AND RESOURCES SPENT ON DIRECT CHARITABLE ACTIVITIES ASSOCIATED WITH THE GENERAL GRANTS PROGRAM. THE SERVICE PROGRAM REPRESENTS THE DONATED TIME OF FOUNDATION STAFF AND RELATED EXPENSES TO OTHER NON-PROFIT ORGANIZATIONS, GOVERNMENTAL AGENCIES, AND NON-PROFIT TASK FORCES AND COMMITTEES.

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MUTUAL FUNDS - BONDS 11,613,574 11,613,574

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MUTUAL FUNDS - STOCK 60,836,453 60,836,453

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    US Government Securities - End of Year Book Value:

    6,202,850
    US Government Securities - End of Year Fair Market Value:

    6,202,850
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2010 InvestmentsOtherSchedule2
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    TIMBER AND TIMBERLAND FMV 1,602,200 1,602,200
    CASH EQUIVALENTS FMV 24,893 24,893

    TY 2010 LegalFeesSchedule
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 2,201 0   1,789


    TY 2010 OtherAssetsSchedule
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST 2,801,188 3,101,116 3,101,116


    TY 2010 OtherExpensesSchedule
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    POSTAGE 3,167 0   3,412
    INSURANCE 6,565 0   -973
    TELEPHONE 3,736 187   3,474
    OFFICE OPERATIONS 26,257 1,313   23,537
    EDUCATION PROGRAM 1,910 0   934
    EXPENSES FROM PASSTHROUGH INVESTMENT K-1S 0 9,653   0


    TY 2010 OtherIncomeSchedule2
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP LOSSES   -10,298  
    ST CAPITAL LOSS FROM ARTIO INTL K-1 EIN: 43-2077663   -133,294  
    LT CAPITAL GAIN FROM ARTIO INTL K-1 EIN: 43-2077663   677,375  
    ST CAPITAL GAIN FROM THE BLACKSTONE GROUP LP K-1 EIN: 20-8875684   59  
    LT CAPITAL GAIN FROM THE BLACKSTONE GROUP LP K-1 EIN: 20-8875684   1,337  
    ST CAPITAL GAIN FROM STATE STREET K-1 EIN: 90-6041595   74,435  
    LT CAPITAL LOSS FROM STATE STREET K-1 EIN: 90-6041595   -14,566  
    SECURITIES LITIGATION SETTLEMENT 9,677 9,677 9,677


    TY 2010 OtherIncreasesSchedule
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    Description Amount
    CHANGE IN VALUE OF BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST 299,928
    UNREALIZED GAINS ON INVESTMENTS 9,509,387


    TY 2010 OtherLiabilitiesSchedule
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE 0 105,300


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROFESSIONAL FEES 194,145 158,967   35,178


    TY 2010 TaxesSchedule
    Name:
    JEROME FOUNDATION INC
    EIN: 41-6035163
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 32,139 1,873   30,266
    EXCISE TAXES 136,097 0   0
    FOREIGN TAXES FROM ARTIO INTL EQUITY FUND II, LLC K-1 EIN: 43-2077663 0 2,556   0
    FOREIGN TAXES FROM STATE STREET BANK AND TRUST CO. K-1 EIN: 90-6041595 0 443   0