Form990-PF
Click to see attachment

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

Number and street (or P.O. box number if mail is not delivered to street address)c/o Foundation Source 501 Silversid   Room/suite
City or town, state, and ZIP code
Wilmington, DE198091377
A Employer identification number

20-8069108
B Telephone number (see page 10 of the instructions)

(800) 839-1754
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$5,613,230J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 278 278  
4 Dividends and interest from securities...... 120,765 120,765  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 225,121
b Gross sales price for all assets on line 6a 1,621,490
7 Capital gain net income (from Part IV, line 2)... 225,121
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 60 60  
12 Total. Add lines 1 through 11........ 346,224 346,224  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 42,919 42,919    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 1,758 1,158    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 22,328 285   22,043
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 67,005 44,362   22,043
25 Contributions, gifts, grants paid........ 355,350 355,350
26 Total expenses and disbursements. Add lines 24 and 25 422,355 44,362   377,393
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -76,131
b Net investment income (if negative, enter -0-) 301,862
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 1,049,159 574,734 574,734
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 2,806,529 Click to see attachment2,594,250 3,290,437
c Investments—corporate bonds (attach schedule)........ 1,009,319 Click to see attachment1,120,032 1,227,258
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 4,235 Click to see attachment504,235 520,801
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,869,242 4,793,251 5,613,230
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 4,869,242 4,793,251
30 Total net assets or fund balances (see page 17 of the
instructions).................... 4,869,242 4,793,251
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 4,869,242 4,793,251
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 4,869,242
2 Enter amount from Part I, line 27a...................... 2 -76,131
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 140
4 Add lines 1, 2, and 3.......................... 4 4,793,251
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 4,793,251
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 Publicly-traded Securities      
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 1,621,490   1,396,369 225,121
b
c
d
e
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       225,121
b
c
d
e
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 2 225,121
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 227,344 4,736,569 000.047998
2008 216,188 4,012,158 000.053883
2007 244,644 3,479,356 000.070313
2006   985,000  
2005      
2 Total of line 1, column (d) ...................... 2 000.172194
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. . . 		3 000.043049
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 5,221,067
5 Multiply line 4 by line 3....................... 5 224,762
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,019
7 Add lines 5 and 6......................... 7 227,781
8 Enter qualifying distributions from Part XII, line 4.............. 8 377,393
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 3,019
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 3,019
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,019
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 649
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 2,443
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Tax Paid Original Return: 3092 7 3,092
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 73
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet73 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bullet
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletco Foundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
     
    .........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
     
     
    .........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
    Yes
     
    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
    Adrienne J Lighten Vice President
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    Alexis N Lighten Vice President
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    Janifer Lynn Lighten Vice President
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    William E Lighten President / Director / Secretary
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,214,490
    b
    Average of monthly cash balances.......................
    1b
    861,281
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    224,805
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,300,576
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d..........................
    3
    5,300,576
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) Click to see attachment............................
    4
    79,509
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,221,067
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    261,053
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    261,053
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    3,019
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,019
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    258,034
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    258,034
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    258,034
    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 Click to see attachment..........
    1a
    377,393
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    377,393
    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
    3,019
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    374,374
    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 7 258,034
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007....... 63,274
    d From 2008....... 16,592
    e From 2009.......  
    fTotal of lines 3a through e......... 79,866
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 377,393
    a Applied to 2009, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2010 distributable amount..... 258,034
    e Remaining amount distributed out of corpus 119,359
    5 Excess distributions carryover applied to 2010.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 199,225
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		199,225
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007.... 63,274
    c Excess from 2008.... 16,592
    d Excess from 2009....  
    e Excess from 2010.... 119,359
    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).)
    Janifer Lynn Lighten
    William E Lighten
    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:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BOULE FOUNDATION
    50 HURT PLZ SE STE 750
    ATLANTA,GA30303     		N/A 509(a)(2) General Unrestricted 25,000
    BOYS AND GIRLS CLUB OF NEW ROCHELLE
    79 7TH ST
    NEW ROCHELLE,NY10801     		N/A 509(a)(1) General Unrestricted 2,000
    CTR CHAPEL MISSIONARY BAPTIST CHURC
    3715 E SHELBY DR
    MEMPHIS,TN38118     		N/A 509(a)(1) General Unrestricted 5,000
    FIVER CHILDRENS FOUNDATION
    519 8TH AVE 24TH FL
    NEW YORK,NY10028     		N/A 509(a)(1) General Unrestricted 2,000
    FOUNDATION OF WESTCHESTER CLUBMEN
    35 OLD TARRYTOWN RD
    WHITE PLAINS,NY10603     		N/A 509(a)(1) General Unrestricted 21,000
    FUND FOR COMM LEADERSHIP DEVLPTMT
    475 RIVERSIDE DR STE 554
    NEW YORK,NY10115     		N/A 509(a)(1) General Unrestricted 3,000
    GRACE BAPTIST CHURCH
    52 S 6TH AVE
    MT VERNON,NY10550     		N/A 509(a)(1) General Unrestricted 70,000
    HORACE MANN SCHOOL
    231 W 246TH ST
    BRONX,NY10471     		N/A 509(a)(1) General Unrestricted 25,000
    LIFES WORC INC
    1501 FRANKLIN AVE
    GARDEN CITY,NY11530     		N/A 509(a)(1) General Unrestricted 5,000
    METRO-MANHATTAN COMMUNITY FDN
    450 N END AVE
    NEW YORK,NY10282     		N/A 509(a)(1) General Unrestricted 2,000
    NAACP LEGAL DEFENSE EDUCATIONAL F
    99 HUDSON ST FL 16
    NEW YORK,NY10013     		N/A 509(a)(1) General Unrestricted 25,000
    NEW ROCHELLE POLICE FOUNDATION INC
    475 N AVE
    NEW ROCHELLE,NY10801     		N/A 509(a)(1) General Unrestricted 4,500
    PHELPS SCHOOL
    583 SUGARTOWN RD
    MALVERN,PA19355     		N/A 509(a)(1) General Unrestricted 5,000
    RETT SYNDROME RESEARCH TRUST INC
    67 UNDER CLIFF RD
    TRUMBULL,CT06611     		N/A 509(a)(1) General Unrestricted 5,000
    SPELMAN COLLEGE
    350 SPELMAN LN SW BOX 927
    ATLANTA,GA30314     		N/A 509(a)(1) General Unrestricted 2,000
    SPENCE-CHAPIN SERVICES TO FAMILIES
    410 E 92ND ST
    NEW YORK,NY10128     		N/A 509(a)(1) General Unrestricted 600
    TRUSTEES OF THE UNIVERSITY OF PENN
    3535 MARKET ST STE 750
    PHILADELPHIA,PA19104     		N/A 509(a)(1) General Unrestricted 10,000
    WESTCHESTER HAWKS
    15 COVENTRY CIR
    MAHOPAC,NY10541     		N/A 509(a)(2) General Unrestricted 2,500
    YALE UNIVERSITY
    PO BOX 208239
    NEW HAVEN,CT06520     		N/A 509(a)(1) General Unrestricted 10,000
    YALE UNIVERSITY
    PO BOX 208239
    NEW HAVEN,CT06520     		N/A 509(a)(1) Yale Project 130,000
    YOUNG WOMENS CHRISTIAN ASSOC OF WH
    515 N ST
    WHITE PLAINS,NY10605     		N/A 509(a)(2) General Unrestricted 750
    Total .................................bullet 3a 355,350
    bApproved for future payment
    Total ..................................bullet 3b  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 278  
    4 Dividends and interest from securities....     14 120,765  
    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     18 225,121  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aK-1 Pass-Through     14 60  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   346,224  
    13Total. Add line 12, columns (b), (d), and (e)...................
    13346,224
    (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: 10000149
    Software Version: 2010.2.15
    Part VI Line 7 - Tax Paid Original Return: 3092


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 GeneralExplanationAttachment
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:10000149
    Software Version:2010.2.15
    Identifier Return Reference Explanation

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:10000149
    Software Version:2010.2.15
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES NT DTD 5.125 04/01/2019 002824AU4 2500000.00% 25,286 27,526
    AEC CORP 8.0 10/15/2017 00130HBH7 1200000.00% 11,643 12,690
    ALLIANT TECHSYSTEMS INC-6.875-9/15/2020 018804AP9 600000.00% 6,270 6,173
    AMERICAN GENL FIN CPMTN 5.400 12/01/2015 02635PTC7 1400000.00% 10,220 11,043
    AMERICAN WEST AIRLS-8.057-07/02/2020 023650AG9 784600.00% 7,865 8,310
    AMERISTAR CASINOS INC 9.25 06/01/2014 03070QAL5 500000.00% 09/08/1913 5,225 5,350
    ANHEUSER BUSCH COS INC 5.5 01/15/2018 035229DD2 2500000.00% 23,647 27,429
    APACHE CORP NT 6.90000 09/15/2018 037411AV7 2000000.00% 21,685 24,419
    AUTONATION INC NOTES-06.750-04/15/2018 05329WAJ1 600000.00% 6,030 6,195
    BALL CORP SR NT 6.62500 03/15/2018 058498AL0 500000.00% 5,075 5,100
    BANK AMER FDG CORP SR NT-L 7.62500 06/01/2019 06051GDZ9 2500000.00% 28,156 28,633
    BANK OF NEW YORK MELLON 5.450 DUE 05-15-19 06406HBM0 2000000.00% 20,152 22,107
    BEAR STEARNS COS IN NTS 06.400 10/02/17 073902PR3 2000000.00% 19,495 22,891
    BECTON DICKINSON CO 5.00000 05/15/2019 NT 075887AU3 2000000.00% 20,066 21,704
    BIOMET INC 10.0 10/15/2017 090613AC4 500000.00% 4,988 5,463
    BRISTOL-MYERS SQUIBB NOTES 05.45000 05/01/2018 110122AR9 2000000.00% 21,242 22,668
    CASE CORP NT 7.25000 01/15/2016 14743RAB9 500000.00% 4,850 5,400
    CATERPILLAR FINL SVCS MTNS BE 7.15000 02/15/2019 14912L4E8 2000000.00% 20,339 24,592
    CGG VERITAS SR NT 7.50000 05/15/2015 204386AF3 500000.00% 3,875 5,088
    CHESAPEAKE ENERGY NOTES 07.25000 12/15/2018 165167CC9 1200000.00% 12,353 12,420
    CIMAREX ENERGY CO SR NT 7.12500 05/01/2017 171798AA9 500000.00% 4,850 5,188
    CIT GROUP INC NOTES - 7.000 - 05/01/2015 125581FV5 500000.00% 4,550 5,013
    CIT GROUP INC NOTES - 7.000 - 05/01/2017 125581FX1 1400000.00% 12,193 14,035
    COMCAST CORP CO GURNT NTS 6.500 01/15/2017 20030NAP6 2000000.00% 20,368 23,054
    COMMUNITY HEALTH SYSTEMS 8.875 07/15/2015 12543DAF7 1500000.00% 15,050 15,750
    CONOCOPHILLIPS NOTES 05.75000 02/01/2019 20825CAR5 2500000.00% 25,678 28,499
    CONSTELLATION BRANDS INC 8.375 12/15/2014 21036PAG3 1200000.00% 12,595 13,110
    CONTINENTAL AIRLINES-4.750-01/12/2021 21079VAA1 1000000.00% 10,088 10,000
    CORRECTIONS CORP AMER NEW 7.75000 06/01/2017GTD S 22025YAK6 1100000.00% 11,583 11,674
    CROWN AMERS LLC / CROWN AMERS 7.75000 11/15/2015 228188AD0 1200000.00% 12,210 12,480
    CROWN CASTLE INTL CORP NOTE 09.00000 01/15/2015 228227AZ7 500000.00% 5,300 5,513
    CSC HLDGS INC SR DEB 7.625 07/15/2018 126304AK0 500000.00% 4,375 5,425
    DELTA PETROLEUM DPTR 3.75 05/01/2037 247907AD0 500000.00% 2,464 4,250
    DIRECTV HLDGS LLC 6.375 06/15/2015 25459HAD7 500000.00% 4,688 5,169
    DYNEGY INC SR NT 7.75000 06/01/2019 26816LAW2 400000.00% 3,260 2,670
    DYNERGY 7.5 06/01/2015 26816LAX0 500000.00% 3,375 3,775
    ECHOSTAR DBS CORP SR NT 7.12500 02/01/2016 27876GBE7 1700000.00% 16,716 17,551
    EDISON MISSION ENERGY 7.5 06/15/2013 281023AN1 700000.00% 5,685 6,808
    EL PASO CORP 7.0 06/15/17 28336LBQ1 1500000.00% 14,000 15,830
    EMERSON ELECTRIC CO - 5.000 - 04/15/2019 291011BA1 2000000.00% 20,151 21,645
    ENERGY TRANSFER EQUITY-07.50-10/15/2020 29273VAC4 1200000.00% 12,450 12,360
    EOG RESOURCES INC NOTES 05.62500 06/01/2019 26875PAD3 2500000.00% 24,953 27,605
    FIRST DATA CORP SR NT 9.87500 09/24/2015 319963AP9 600000.00% 5,535 5,715
    FORD MOTOR - 7.000 - 10/1/2013 345397TZ6 1100000.00% 10,600 11,793
    FREEPORT-MCMORAN COPPER GOLD 8.37500 04/01/2017 SR NT 35671DAS4 1000000.00% 9,812 11,063
    FREESCALE SEMICONDUCTOR INC 10.12500 12/15/2016 35687MAP2 600000.00% 5,057 6,315
    FRONTIER COMMUNICTNSNOTES 08.25000 05/01/2014CALL 35906AAA6 500000.00% 4,631 5,538
    GE CAP CORP SR UNSERUES 5.625 9/15/17 36962G3H5 2000000.00% 18,031 21,930
    GEORGIA PAC CORP 8.0 01/15/24 373298CF3 500000.00% 3,725 5,713
    GEORGIA PAC CORP NT 8.125 05/15/2011 373298BV9 500000.00% 4,973 5,163
    GMAC LLC GTD SR 6.75000 12/01/2014 36186CBW2 500000.00% 4,800 5,263
    GMAC LLC GTD SR NT 8.00000 11/01/2031 36186CBY8 1100000.00% 10,255 11,853
    GOLD RESV INC SR SB CV 5.500 06/15/2022 38068NAB4 300000.00% 2,959 2,096
    GOODRICH PETE CORP SR NT CV 3.25000 12/01/2026 382410AB4 1000000.00% 9,356 9,925
    HARRAHS OPER INC SR SECD 11.25 06/01/2017 413627BL3 500000.00% 5,325 5,625
    HCA INC SR NT 9.25000 11/15/2016 404119AX7 1700000.00% 17,231 18,137
    HEALTH MGMT ASSN INC 421933AH5 500000.00% 3,850 5,050
    HERTZ CORP SR NT 144A 8.875 01/01/2014 428040BZ1 500000.00% 5,025 5,113
    HOST MARRIOT LP NTS 6.375 03/15/2015 44108EAY4 1200000.00% 10,279 12,180
    ICAHN ENTERPRISES-8.00-01/15/2018 451102AH0 1200000.00% 11,948 12,000
    INTERNATIONAL LEASE FIN MTN BE 5.625 09/20/2013 F 45974VA81 600000.00% 5,325 6,000
    IRON MTN INC DEL SR SB NT 8.375 08/15/2021 46284PAM6 600000.00% 6,315 6,435
    JOHNSON CTLS INC SR NT 5.00000 03/30/2020 478366AU1 2500000.00% 25,045 26,540
    KINDER MORGAN FIN 5.7 01/05/2016 49455WAD8 1000000.00% 9,075 10,125
    LEUCADIA NATL CORP 7.125 03/15/2017 527288BC7 1200000.00% 9,920 12,360
    LEUCADIA NATL CORP NTS 8.125 09/15/2015 527288BD5 500000.00% 3,813 5,481
    LEVEL 3 FING INC SR NT 8.75000 02/15/2017 527298AL7 2100000.00% 17,824 19,320
    LUBRIZOL CORP NOTES 08.87500 02/01/2019 549271AG9 2000000.00% 21,908 25,437
    LUCENT TECHNOLOGIES INC CONV 2.750 DUE 6/15/2025 549463AH0 700000.00% 6,071 6,606
    MEDIACOM BROADBAND 8.5 10/15/2015 58446VAE1 800000.00% 7,320 8,040
    MIDWEST GENERATION PASS THRU CERT 8.56 01/02/2016 59832WAF6 347100.00% 3,566 3,506
    MIRANT NORTH AMER LLC 7.375 12/31/2013 60467XAC1 500000.00% 4,425 5,094
    MORGAN STANLEY MTN 05.95000 12/28/2017 61744YAD0 2500000.00% 26,001 26,450
    NEWFIELD EXPLORTN CONOTES 07.12500 05/15/2018 651290AK4 500000.00% 4,350 5,263
    NORTHWEST AIRLINES-6.264-11/20/2021 667294BB7 1812900.00% 18,945 18,491
    NRG ENERGY INC SR NT 7.375 02/01/2016 629377AU6 1000000.00% 9,513 10,250
    NUCOR CORP 5.85 6/1/18 670346AK1 2000000.00% 20,722 22,563
    OLD REPUBLIC INTL CORP SR NT CV 8 05/15/2012 680223AF1 400000.00% 4,937 5,080
    OMNICARE INC SR DB CV 3.250 12/15/2035 681904AL2 300000.00% 2,353 2,753
    PAETEC HOLDING CORP GTD SR SEC NT 8.87500 06/30/2 695459AD9 500000.00% 5,050 5,338
    PENN NATL GAMING INCSR SB NT 6.75000 03/01/2015 707569AL3 500000.00% 4,850 5,075
    PENN NATL GAMING INCSR-8.75-08/15/2019 707569AN9 600000.00% 6,131 6,615
    PIONEER NAT RES CO NTS 5.875 07/15/2016 723787AE7 500000.00% 3,775 5,141
    PRAXAIR INC NT 4.50000 08/15/2019 74005PAU8 1500000.00% 15,225 15,766
    QUEBECOR MEDIA NTS 7.75 03/15/2016 74819RAG1 500000.00% 3,800 5,163
    QWEST COMMUNICATIONS INTL INC 7.5 02/15/2014 749121BV0 1000000.00% 9,219 10,125
    RANGE RESOURCES CORPSR SUB NOTES 7.500 05/15/2016 75281AAG4 500000.00% 4,600 5,188
    REGIONS FINANCIAL CORP NEW 5.750 06/15/2015 7591EPAG5 600000.00% 5,910 5,873
    ROYAL CARIBBEAN CRUISES LTD 6.87500 12/01/2013 SR 780153AP7 800000.00% 7,080 8,520
    RRI ENERGY INC SR SEC 6.75000 12/15/2014 74971XAA5 600000.00% 5,720 6,120
    SMITHFIELD FOODS INC 7.75 07/01/2017 832248AQ1 700000.00% 4,928 7,280
    SOUTHWESTERN ENERGY CO-7.50-02/01/2018 845467AE9 2500000.00% 28,968 28,187
    SPRINT CAP CORP GTD NT 6.90000 05/01/2019 852060AG7 1900000.00% 16,210 18,763
    SUPERVALU INC NOTE 08.00000 05/01/2016 MAKE WHOLE 868536AT0 500000.00% 5,169 4,788
    TENET HEALTHCARE CORP 9.25 02/01/2015 88033GBC3 500000.00% 3,856 5,325
    TEREX CORP NEW SR NT 10.87500 06/01/2016 880779AW3 500000.00% 5,534 5,806
    UNITED RENTALS NORTHNOTES 09.25000 12/15/2019CALL 911365AU8 1100000.00% 11,473 12,238
    UNITED TECHNOLOGIES CORP - 6.125 - 02/01/2019 913017BQ1 2000000.00% 21,517 23,387
    USEC INC SR NT CV 3.00000 10/01/2014 90333EAC2 500000.00% 3,048 4,500
    VERIZON COMMUNICATIONS - 6.350 - 04/01/2019 92343VAV6 2000000.00% 20,826 22,976
    VIDEOTRON LTEE SR NT 6.87500 01/15/2014 92658TAG3 500000.00% 5,063 5,063
    WACHOVIA CORP GLOBAL MTN 5.75000 02/01/2018NT 92976WBH8 500000.00% 5,634 5,552
    WACHOVIA CORP NEW NTS 5.75 06/15/2017 929903DT6 2000000.00% 17,817 22,250
    WINDSTREAM CORP 8.625 08/01/2016 97381WAD6 1100000.00% 10,990 11,578
    WYNN LAS VEGAS LLC-7.875-05/01/20201 983130AP0 1100000.00% 11,775 11,770

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:10000149
    Software Version:2010.2.15
    Name of Stock End of Year Book Value End of Year Fair Market Value
    650 shares of 3M CO MMM 47,117 56,094
    350 shares of A M R CORP AMR 3,486 2,727
    271 shares of ABBOTT LABS ABT 13,973 12,984
    850 shares of ACCENTURE PLC ACN 32,567 41,217
    414 shares of AETNA INC. NEW AET 10,960 12,631
    110 shares of AGCO CP AGCO 2,888 5,573
    144 shares of AIR PRODS CHEM INC. APD 12,608 13,097
    1048 shares of ALCATEL LUCENT ALU 1,698 3,102
    355 shares of ALCOA INC. AA 3,755 5,463
    68 shares of ALLIANT TECH SYS INC ATK 5,054 5,061
    647 shares of ALLIANZ SE ADR AZSEY.PK 7,140 7,680
    296 shares of ALUMINA LTD ADS AWC 814 3,013
    585 shares of AMEREN CORPORATION AEE 14,798 16,491
    525 shares of AMERICAN EXPRESS CO AXP 13,992 22,533
    950 shares of AMERISOURCEBERGEN CORP ABC 26,870 32,414
    570 shares of ANADARKO PETROLEUM CORP APC 25,860 43,411
    450 shares of ANGLOGOLD LTD AU 16,539 22,154
    105 shares of AON CORP AON 3,875 4,831
    27 shares of ARCH CAPITAL GROUP LTD. ACGL 2,097 2,377
    303 shares of ARCH COAL INC. ACI 4,129 10,623
    350 shares of ARRIS GROUP INC - COMMON STOCK ARRS 2,992 3,927
    2175 shares of ARTIO INTERNATIONAL EQUITY FUND II CL A JETAX 24,836 26,953
    345 shares of ASTRAZENECA AZN 17,454 15,936
    1330 shares of ATMEL CORPORATION ATML 5,900 16,386
    590 shares of AUTODESK, INC. ADSK 11,791 22,538
    800 shares of AUTOMATIC DATA PROCESSING INC. ADP 31,960 37,024
    240 shares of AVNET INC. AVT 7,384 7,927
    110 shares of AXA ADS AXAHY.PK 2,749 1,832
    308 shares of AXIS CAPITAL HOLDINGS LTD AXS 9,290 11,051
    70 shares of BAKER HUGHES INTL BHI 3,774 4,002
    1425 shares of BANK NEW YORK MELLON CORP COM BK 51,192 43,035
    3002 shares of BANRO CORPORATION BAA 5,764 12,068
    147 shares of BARRICK GOLD CORP COM ABX 4,687 7,817
    100 shares of BASF AG SPONS ADR BASFY.PK 5,380 7,996
    380 shares of BELO CORP BLC 373 2,690
    450 shares of BERKSHIRE HATHAWAY INC. CLASS B BRK-B 27,487 36,050
    146 shares of BEST BUY INC. BBY 5,184 5,006
    190 shares of BHP BILLITON LIMITED BHP 12,498 17,655
    60 shares of BILL BARRETT CORP BBG 2,817 2,468
    470 shares of BIOGEN IDEC INC BIIB 26,671 31,514
    201 shares of BOEING CO BA 13,943 13,117
    120 shares of BRINKS CO BCO 2,358 3,226
    121 shares of BRISTOW GROUP BRS 4,027 5,729
    259 shares of BRITISH AMERICAN TOBACCO PLC BTI 18,603 20,124
    460 shares of BROADCOM CORPORATION BRCM 9,315 20,033
    120 shares of BROOKFIELD ASSET MANAGEMENT CL A BAM 2,523 3,995
    260 shares of BROOKS AUTOMATION, INC BRKS 2,351 2,358
    150 shares of BUCYRUS INTERNATIONAL INC BUCY 4,427 13,410
    1160 shares of CABLEVISION SYSTEMS CORP CL A CVC 15,230 39,254
    555 shares of CAE INC CAE 6,065 6,399
    904 shares of CAMECO CORPORATION CCJ 25,488 36,504
    110 shares of CANADIAN NATL RAILWAY CO CNI 5,328 7,312
    255 shares of CANADIAN NATURAL RESOURCES LTD CNQ 9,764 11,327
    238 shares of CANADIAN PACIFIC RAILWAY LTD CP 10,130 15,425
    589 shares of CARREFOUR S A CRERY.PK 5,226 4,936
    558 shares of CHESAPEAKE ENERGY CORPORATION CHK 12,325 14,458
    1860 shares of CINCINNATI BELL INC CBB 6,861 5,208
    1050 shares of CINTAS CRP CTAS 36,816 29,358
    157 shares of CNA FINANCIAL CORPORATION CNA 3,892 4,247
    198 shares of COCA-COLA CO KO 11,639 13,022
    110 shares of COGNEX CORPORATION CGNX 1,938 3,236
    161 shares of COLGATE-PALMOLIVE COMPANY CL 12,608 12,940
    2200 shares of COMCAST CORP CMCSK 33,483 45,782
    111 shares of CONSOL ENERGY INC. CNX 3,789 5,410
    165 shares of COOPER INDUSTRIES PLC CBE 6,415 9,618
    50 shares of CORE LABRATORIES CLB 2,625 4,453
    835 shares of COVIDIEN LTD COV 33,459 38,126
    85 shares of CREE, INC. CREE 2,094 5,601
    173 shares of CRESUD S.A.C.I.F. Y A. - AMERICAN DEPOSITARY SHARE CRESY.PK 1,831 3,284
    240 shares of CROWN MEDIA HOLDINGS, INC CRWN 1,695 629
    140 shares of CUMMINS INC CMI 7,214 15,401
    415 shares of DAI NIPPON PRINTING LTD JAPANSPONSORED ADR DNPLY.PK 6,107 5,686
    27 shares of DAIWA HOUSE IND LTD DWAHY.PK 1,951 3,326
    1560 shares of DAIWA SECURITIES GROUP DSEEY.PK 8,102 8,096
    1050 shares of DENTSPLY INTERNATIONAL INC NEW XRAY 30,392 35,879
    300 shares of DEVON ENERGY CORPORATION DVN 18,916 23,553
    425 shares of DIAGEO PLC ADS DEO 31,506 31,590
    80 shares of DIEBOLD INC. DBD 2,084 2,564
    290 shares of DIRECTV GROUP DTV 4,610 11,580
    285 shares of DISCOVERY COMMUNICATIONS, INC - SERIES C COMMON ST DISCK 6,411 10,457
    180 shares of DOLBY LABORATORIES DLB 5,404 12,006
    71 shares of DOMTAR LTD UFS 3,002 5,390
    405 shares of ELECTRICITE FR UNSP/ADR ECIFY.PK 3,889 3,362
    364 shares of ELECTROBRAS-CENTRA PR ADR EBR-B 4,273 6,064
    95 shares of EMBRAER EMPRESA BR ERJ 1,999 2,793
    90 shares of ENSIGN RESOURCE SERVICE GROUP INC ESVIF.PK 1,296 1,373
    177 shares of EXXON MOBIL CORP XOM 10,947 12,942
    797 shares of FINMECCANICA ADR FINMY.PK 4,613 4,543
    25 shares of FINNING INTL INC FINGF.PK 658 686
    350 shares of FLUOR CORP NEW FLR 14,040 23,191
    205 shares of FLUSHING FINANCIAL CORPORATION FFIC 3,206 2,870
    1244 shares of FOREST LABORATORIES FRX 39,678 39,783
    210 shares of FOSTER WHEELER AG FWLT 5,032 7,249
    240 shares of FREEPORT-MCMORAN COPPER GOLD INC. FCX 6,881 28,822
    290 shares of FRESH DEL MONTE PROD FDP 6,091 7,236
    130 shares of FUJIFILM HOLDINGS FUJIY.PK 2,609 4,646
    260 shares of GANNETT CO INC GCI 2,874 3,923
    357 shares of GENERAL MILLS INC GIS 13,178 12,706
    445 shares of GENZYME CORP GENZ 31,076 31,684
    943 shares of GEOVIC MINING CORP GVCME 1,178 666
    130 shares of GILEAD SCIENCES INC GILD 5,861 4,711
    113 shares of GLAXOSMITHKLINE PLC GSK 4,596 4,432
    1219 shares of GOLD FIELDS LTD ADS GFI 13,479 22,100
    130 shares of GOODRICH CORPORATION GR 8,553 11,449
    353 shares of GOODRICH PETROLEUM CORP NEW GDP 6,491 6,227
    105 shares of GUOCO GROUP LTD UNSP/ADR GULRY.PK 2,059 2,810
    38 shares of HACHIJUNI BANK LTD ADR HACBY.PK 2,229 2,133
    750 shares of HARMONIC INC. HLIT 7,350 6,428
    70 shares of HEIDRICKSTRUGGLES INTL HSII 2,539 2,006
    160 shares of HELMERICH PAYNE HP 5,317 7,757
    275 shares of HEXCEL CP DELAWARE HXL 6,107 4,975
    374 shares of HOME DEPOT INC. HD 11,814 13,112
    42 shares of HUMANA INC HUM 999 2,299
    90 shares of IAC/INTERACTIVE CORP IACI 1,467 2,583
    181 shares of IDACORP INC HLDG CO IDA 5,771 6,693
    251 shares of ILLINOIS TOOL WORKS ITW 11,839 13,403
    190 shares of IMMUNOGEN, INC IMGN 1,723 1,759
    172 shares of IMPALA PLATINUM LTD S/ADR IMPUY.PK 3,227 6,087
    200 shares of INGERSOL-RAND PLC IR 6,339 9,418
    536 shares of INGRAM MICRO INC - CL A IM 7,941 10,232
    410 shares of INPUT/OUTPUT INC. IO 6,165 3,477
    240 shares of INTERMEC INCCOM IN 4,565 3,038
    370 shares of ISIS PHARMACEUTICALS, INC. ISIS 5,622 3,744
    208 shares of JOHNSON JOHNSON JNJ 12,897 12,865
    120 shares of KANSAS CITY SOUTHERN KSU 1,647 5,743
    210 shares of KAO CORP ADR KCRPY.PK 4,126 5,647
    450 shares of KIMBERLY CLARK CORP KMB 29,785 28,368
    1233 shares of KINROSS GOLD CORP KGC 19,265 23,378
    248 shares of KOREA ELECTRIC PW CP KEP 2,221 3,350
    734 shares of KROGER CO KR 15,247 16,412
    260 shares of L-3 COMMUNICATIONS CORP LLL 26,597 18,327
    160 shares of LAM RESEARCH CORP LRCX 6,611 8,285
    350 shares of LAS VEGAS SANDS CORP LVS 1,527 16,083
    183 shares of LAYNE CHRISTENSEN COMPANY LAYN 4,498 6,299
    100 shares of LIBERTY GLOBAL INC LBTYA 3,699 3,538
    290 shares of LIBERTY MEDIA HLDG CAP SER A LCAPA 1,885 18,142
    55 shares of LIBERTY MEDIA CORP STARZ LSTZA 1,523 3,656
    1000 shares of LIBERTY MEDIA HLDG INTERACTIVE A LINTA 3,129 15,770
    420 shares of LIN TV CORP TVL 4,269 2,226
    220 shares of LODGENET ENTMT CORP COM LNET 2,265 935
    192 shares of LOEWS CORP L 6,565 7,471
    770 shares of LSI CORPORATION LSI 2,659 4,612
    235 shares of MADISON SQUARE GARDEN CO. MSG 2,573 6,058
    23 shares of MAGNA INTERNATIONAL INC. MGA 270 1,196
    140 shares of MANULIFE FIN CORP MFC 2,608 2,405
    391 shares of MARSH AND MCLENNAN COMPANIES INC MMC 8,060 10,690
    330 shares of MARSHALL ILSLEY CORP MI 2,695 2,284
    725 shares of MCGRAW-HILL MHP 18,720 26,397
    145 shares of MEADWESTVACO CORP MWV 3,888 3,793
    356 shares of MEDTRONIC INC MDT 11,933 13,204
    250 shares of MICROMET, INC MITI 1,762 2,030
    425 shares of MONSANTO CO MON 27,169 29,597
    373 shares of MSAD INS GROUP ADR MSADY.PK 4,339 4,689
    250 shares of MYRIAD GENETICS, INC MYGN 5,781 5,710
    565 shares of NABORS INDUSTRIES LTD NBR 11,864 13,255
    288 shares of NATIONAL GRID TRANSCO PLC NGG 12,482 12,781
    290 shares of NATL OILWELL VARCO NOV 9,020 19,503
    947 shares of NESTLE S.A. NSRGY.PK 43,128 55,703
    220 shares of NESTLE SA CHAM ET VE OTC NSRGF.PK 10,324 12,903
    116 shares of NEWCREST MINING LTD-SPON ADR NCMGY.PK 2,956 4,831
    609 shares of NEXEN INC NXY 13,308 13,946
    248 shares of NEXTERA ENERGY, INC NEE 13,499 12,894
    106 shares of NINTENDO CO LTD ADR OTC NTDOY.PK 3,435 3,851
    365 shares of NIPPON TELEPHONE ADR NTT 7,090 8,373
    385 shares of NOBLE CORPORATION NE 15,633 13,771
    390 shares of NOKIA NOK 4,782 4,025
    409 shares of NORTHEAST UTIL NU 12,096 13,039
    506 shares of NOVAGOLD RESOURCES NG 1,213 7,221
    332 shares of NOVARTIS AG ADR NVS 18,558 19,571
    230 shares of NOVELLUS SYS INC. NVLS 5,431 7,434
    769 shares of NTT DOCOMO ADS DCM 13,199 13,396
    260 shares of NUCOR CP NUE 10,345 11,393
    108 shares of OAO GAZPROM SPONS GDR OGZPY.PK 2,319 2,748
    552 shares of OJSC POLYUS GOLD ADR OPYGY.PK 15,677 20,120
    333 shares of OMNICARE INC. OCR 7,804 8,455
    160 shares of ONYX PHARMACEUTICALS, INC. ONXX 4,076 5,899
    580 shares of ORIENT-EXPRESS HOTEL OEH 5,844 7,534
    645 shares of PALL CP PLL 21,612 31,979
    245 shares of PANASONIC CORP PC 2,836 3,455
    35 shares of PARTNERRE LTD. COM PRE 2,684 2,812
    360 shares of PDL BIOPHARMA INC PDLI 5,738 2,243
    797 shares of PEARSON PLC PSO 12,410 12,664
    196 shares of PEPSICO INC PEP 12,966 12,805
    236 shares of PETROBRAS ENERGIA SA BUENOS AIRES PZE 3,975 6,226
    125 shares of POTASH CORPORATION OF SASKATCHEWAN INC POT 11,674 19,354
    137 shares of PRAXAIR INC. PX 12,367 13,079
    90 shares of PRECISION CASTPARTS PCP 7,992 12,529
    202 shares of PROCTER GAMBLE CO PG 12,421 12,995
    530 shares of R F MICRO DEVICES INC RFMD 2,950 3,896
    128 shares of RANGE RESOURCES CORP DEL RRC 4,700 5,757
    150 shares of RAYMOND JAMES FINANCIAL INC RJF 2,729 4,905
    282 shares of RAYTHEON CO. RTN 12,811 13,068
    240 shares of REGENERON PHARMACEUTICALS, INC REGN 4,277 7,879
    280 shares of RIO TINTO PLC SPONSORED ADR RIO 12,518 20,065
    140 shares of ROBERT HALF INTL INC. RHI 3,361 4,284
    355 shares of ROCHE HOLDING LTD ADR RHHBY.PK 11,895 13,011
    112 shares of ROHM CO LTD UNSP ADR ROHCY.PK 3,239 3,671
    170 shares of ROWAN COS INC. RDC 4,857 5,935
    160 shares of ROYAL CARRIBEAN CRUISE RCL 2,399 7,520
    94 shares of ROYAL DUTCH SHELL PLC SPON ADR REPSTG B SHS RDSB 4,368 6,267
    190 shares of RTI INTL METALS INC RTI 6,032 5,126
    450 shares of SAIC INC SAI 7,616 7,137
    380 shares of SAKS INC SKS 5,005 4,066
    300 shares of SANDISK CORP SNDK 3,888 14,958
    159 shares of SANOFI-AVENTIS SPONSORED ADR SNY 4,325 5,125
    485 shares of SCHLUMBERGER LTD SLB 23,078 40,498
    530 shares of SEACHANGE INTERNATIONAL, INC SEAC 3,692 4,532
    1700 shares of SEAGATE TECHNOLOGY STX 7,189 25,551
    290 shares of SEATTLE GENETICS, INC. SGEN 2,335 4,336
    281 shares of SEKISUI HOUSE LTD SKHSY.PK 1,922 2,847
    103 shares of SEVEN I HOLDINGS C SVNDY.PK 4,564 5,497
    180 shares of SHAW GROUP INC SHAW 3,734 6,161
    186 shares of SHISEIDO CO LTD SSDOY.PK 2,602 4,077
    42 shares of SIEMENS A G ADR SI 2,396 5,219
    189 shares of SILVER STANDARD RES. INC. SSRI 3,341 5,334
    500 shares of SINCLARI BROADCAST GROUP INC SBGI 3,892 4,090
    743 shares of SK TELECOM ADS ADS SKM 11,485 13,842
    473 shares of SKYWEST, INC. SKYW 6,618 7,388
    283 shares of SMITHFIELD FOODS SFD 3,445 5,838
    182 shares of SOCIETE GENERALE FRANCE SCGLY.PK 1,440 1,973
    1175 shares of STAPLES INC. SPLS 26,665 26,755
    111 shares of STATOIL ASA ADS STO 2,364 2,638
    510 shares of STILLWATER MNG CO SWC 4,478 10,889
    1748 shares of SUMITOMO TRUST BANKING CO LTD STBUY.PK 9,497 11,082
    516 shares of SUNCOR ENERGY INC SU 16,479 19,758
    130 shares of SUNOCO INC SUN 7,491 5,240
    110 shares of SWISSCOM AG S/ADR SCMWY.PK 3,198 4,846
    1125 shares of SYSCO CORP SYY 30,854 33,075
    48 shares of TAKEDA PHARM CO LTD ADR TKPHY.PK 1,034 1,169
    150 shares of TALISMAN ENERGY INC TLM 2,550 3,329
    1655 shares of TE CONNECTIVITY LTD TEL 30,165 58,586
    112 shares of TECH DATA CORP TECD 3,277 4,930
    542 shares of TELECOM ITALIA SPA TI-A 4,936 5,929
    9 shares of TELEFONOS DE MEX L TMX 145 145
    217 shares of TELUS CORP TU 5,775 9,453
    275 shares of TENARIS SA-ADR TS 9,822 13,470
    623 shares of TESCO PLC ADR TSCDY.PK 12,882 12,572
    744 shares of TESORO CORP TSO 9,378 13,794
    90 shares of THE MOSAIC CO MOS 5,186 6,872
    137 shares of TIM PARTICIPACOES S A SPONSORED ADR REPSTG PFD TSU 2,782 4,677
    1025 shares of TIME WARNER INC. TWX 38,679 32,974
    355 shares of TIME WARNER TELECOM INC. TWTC 5,992 6,053
    240 shares of TOTAL FINA ELF S.A. TOT 12,344 12,835
    48 shares of TOYOTA MTR CORP TM 3,391 3,774
    185 shares of TRANSOCEAN LTD. RIG 15,565 12,859
    190 shares of TRIMBLE NAV LTD TRMB 3,965 7,587
    740 shares of TRIQUINT SEMICONDUCTOR, INC. TQNT 3,860 8,651
    1625 shares of TYCO INTERNATIONAL LTD. TYC 51,511 67,339
    601 shares of TYSON FOODS INC CL A TSN 7,996 10,349
    151 shares of UNIFI INC. UFI 1,361 2,556
    180 shares of UNILEVER N V N Y UN 5,578 5,652
    424 shares of UNILEVER PLC AMER UL 12,269 13,093
    701 shares of UNITED PARCEL SERVICE UPS 46,039 50,879
    85 shares of UNITED STATES CELLULAR CORP USM 6,226 4,245
    40 shares of UNITED STATES STEEL CORP X 2,788 2,337
    163 shares of UNITED TECHNOLOGIES CORP UTX 11,581 12,831
    1300 shares of UNITEDHEALTH GROUP INC. UNH 39,771 46,943
    355 shares of VALE SA VALE 9,291 12,272
    190 shares of VALSPAR CORP VAL 4,139 6,551
    441 shares of VEOLIA ENVIRONN ADS VE 12,825 12,948
    310 shares of VERTEX PHARMCTLS INC VRTX 8,489 10,859
    430 shares of VISHAY INTERTECH VSH 4,633 6,312
    30 shares of VISHAY PRECISION GROUP INC VPG 527 565
    225 shares of VODAFONE GROUP PLC VOD 3,769 5,949
    51 shares of WACOAL CORP ADR WACLY.PK 2,952 3,700
    160 shares of WADDELLREED FIN INC WDR 2,173 5,646
    700 shares of WAL-MART STORES INC. WMT 34,250 37,751
    2787 shares of WEATHERFORD INTL NEW WFT 35,350 63,543
    164 shares of WESTERN DIGITAL CORP WDC 4,658 5,560
    40 shares of WHIRLPOOL CORP WHR 2,434 3,553
    196 shares of WOLTERS KLUWER S/ADR WTKWY.PK 3,419 4,339
    20 shares of YARA INTL ASA SPON ADR YRAIF.PK 669 1,160
    204 shares of ZIMMER HOLDINGS INC ZMH 9,203 10,951

    TY 2010 InvestmentsOtherSchedule2
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:10000149
    Software Version:2010.2.15
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARDEN FOCUSED GLOBAL MARCO FUND LTD ARDENFG   500,000 516,062
    LAZARD LTD LAZ   4,235 4,739

    TY 2010 OtherExpensesSchedule
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:10000149
    Software Version:2010.2.15
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 22,018     22,018
    Bank Charges 285 285    
    State or Local Filing Fees 25     25


    TY 2010 OtherIncomeSchedule2
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:10000149
    Software Version:2010.2.15
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LAZARD LTD K-1 Pass-Through Share of Partnership Income/Loss 60 60  


    TY 2010 OtherIncreasesSchedule
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:10000149
    Software Version:2010.2.15
    Description Amount
    Net Option Activity 140


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 42,919 42,919    


    TY 2010 TaxesSchedule
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated Tax for 2010 600 0 0 0
    Foreign Tax Paid 1,158 1,158 0 0