Form990-PF

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

Number and street (or P.O. box number if mail is not delivered to street address)199 LINCOLN AVENUE   Room/suite
City or town, state, and ZIP code
BRONX, NY10454
A Employer identification number

14-1979116
B Telephone number (see page 10 of the instructions)

(917) 301-3125
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$106,239
J 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) 935,000
2 Check bullet
3 Interest on savings and temporary cash investments 1,163 1,163  
4 Dividends and interest from securities......      
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 936,163 1,163  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 42,995 0 0 0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions)        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 12,000 0 0 0
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 119 0 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 55,114 0 0 0
25 Contributions, gifts, grants paid........ 853,720 853,720
26 Total expenses and disbursements. Add lines 24 and 25 908,834 0 0 853,720
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 27,329
b Net investment income (if negative, enter -0-) 1,163
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............... 52,476 44,052 44,052
2 Savings and temporary cash investments..........   36,253 36,253
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet24,934
Less: allowance for doubtful accounts bullet   40,874 24,934 24,934
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)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,000 Click to see attachment1,000 Click to see attachment1,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 94,350 106,239 106,239
Liabilities 17 Accounts payable and accrued expenses.......... 9,500 10,000
18 Grants payable................... 40,874 24,934
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).......... 50,374 34,934
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 2,985 4,148
25 Temporarily restricted................ 40,991 67,157
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).................... 43,976 71,305
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 94,350 106,239
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 43,976
2 Enter amount from Part I, line 27a...................... 2 27,329
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 71,305
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 71,305
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.)
1a
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
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
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  
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 868,227 579,800 1.497459
2008 915,204 632,745 1.446403
2007      
2006      
2005      
2 Total of line 1, column (d) ...................... 2 2.943862
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 0.981287
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 476,159
5 Multiply line 4 by line 3....................... 5 467,249
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 12
7 Add lines 5 and 6......................... 7 467,261
8 Enter qualifying distributions from Part XII, line 4.............. 8 853,720
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 12
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 12
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 12
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 12
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet   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$ 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
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletNY
    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.BRONXYANKEEFUND.ORG
    14
    The books are in care ofbulletVERONICA TORRES Telephone no.bullet (917) 301-3125
    Located atbullet199 LINCOLN AVENUE SUITE 313BRONXNY ZIP+4bullet10454
    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
     
     
    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
    SERAFIN U MARIEL CHAIRMAN
    1.0
    0 0 0
    199 LINCOLN AVENUE
    BRONX,NY10454
    SUSAN GOLDY TREASURER
    1.0
    0 0 0
    199 LINCOLN AVENUE
    BRONX,NY10454
    BISHOP RONALD BAILEY BOARD MEMBER
    1.0
    0 0 0
    199 LINCOLN AVENUE
    BRONX,NY10454
    ROBERT CRESPO BOARD MEMBER
    1.0
    0 0 0
    199 LINCOLN AVENUE
    BRONX,NY10454
    TED JEFFERSON BOARD MEMBER
    1.0
    0 0 0
    199 LINCOLN AVENUE
    BRONX,NY10454
    LEO MARTINEZ BOARD MEMBER
    1.0
    0 0 0
    199 LINCOLN AVENUE
    BRONX,NY10454
    HAROLD SILVERMAN BOARD MEMBER
    1.0
    0 0 0
    199 LINCOLN AVENUE
    BRONX,NY10454
    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
     
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    457,476
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    25,934
    d
    Total (add lines 1a, b, and c).........................
    1d
    483,410
    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
    0
    3
    Subtract line 2 from line 1d..........................
    3
    483,410
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    7,251
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    476,159
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    23,808
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    23,808
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    12
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    23,796
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    23,796
    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
    23,796
    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
    853,720
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    853,720
    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
    12
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    853,708
    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 23,796
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only.......  
    b Total for prior years:2008, 2007, 2006  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008....... 884,041
    e From 2009....... 839,277
    fTotal of lines 3a through e......... 1,723,318
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 853,720
    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..... 23,796
    e Remaining amount distributed out of corpus 829,924
    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 2,553,242
    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 ......
    2,553,242
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008.... 884,041
    d Excess from 2009.... 839,277
    e Excess from 2010.... 829,924
    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 NEW YANKEE STADIUM COMMUNITY BE
    199 LINCOLN AVENUE - SUITE 313
    BRONX,NY10454
    (917) 301-3125
    bThe form in which applications should be submitted and information and materials they should include:
    INCLUDE ORGANIZATION'S IRS TAX EXEMPT LETTER, LIST OF BOARD MEMBERS AND AFFILIATIONS, MOST RECENT 990 AND AUDITED FINANCIAL REPORT, AND A DESCRIPTION OF PROJECT/PROGRAM
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    $15,000 MAXIMUM CASH GRANT OR $5,000 MAXIMUM SPORTS EQUIPMENT GRANTS
    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
    MADISON SQUARE BOYS & GIRLS CLUB
    350 FIFTH AVENUE
    SUITE 912
    NEW YORK,NY10118
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    THE CENTER FOR ARTS EDUCATION
    225 WEST 34TH STREET
    SUITE 1112
    NEW YORK,NY10122
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 8,000
    Bronx Arts Ensemble Inc
    80 Van Cortlandt Park South
    BRONX,NY10463
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    BRONX COUNTY HISTORICAL SOCIETY
    3309 BAINBRIDGE AVENUE
    BRONX,NY10467
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    BRONX DANCE THEATRE
    585 EAST 187TH STREET
    BRONX,NY10458
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,500
    BRONX LEBANON HOSPITAL - WOMEN'S HEALTH CENTER
    1650 GRAND CONCOURSE
    BRONX,NY10456
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 18,000
    EDUCATION THROUGH MUSIC
    122 EAST 42ND STREET
    SUITE 1501
    NEW YORK,NY10168
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 20,000
    CASITA MARIA
    928 SIMPSON STREET
    BRONX,NY10459
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 20,000
    CASTLE HILL LITTLE LEAGUE
    2200 POWELL AVENUE
    BRONX,NY10462
    NONE   SPORTS EQUIPMENT 6,750
    CITY YEAR NEW YORK
    20 WEST 22ND STREET
    NEW YORK,NY10010
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 7,000
    DIVERSITY IN ARTS & NATIONS FOR CULTURAL EDUCATION
    1408 COMMONWEALTH AVENUE
    BRONX,NY10472
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 5,000
    FOR A BETTER BRONX
    199 LINCOLN AVENUE
    BRONX,NY10451
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 15,818
    FORDHAM UNIVERSITY - MENTORING LATINAS
    888 SEVENTH AVENUE
    NEW YORK,NY10019
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    GIRL SCOUTS FOR GREATER NY
    43 23RD STREET
    NEW YORK,NY10018
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 18,000
    MONTEFIORE CHILDREN'S CENTER
    3415 Bainbridge Avenue
    BRONX,NY10468
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 16,650
    NEW YORK ROAD RUNNERS FOUNDATION
    9 East 89th Street
    NEW YORK,NY10128
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 8,000
    GRACE OUTREACH
    378 E 151 STREET
    BRONX,NY10455
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    BRONX COUNCIL ON THE ARTS
    1738 HONE AVENUE
    BRONX,NY10461
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 18,000
    BRONX RIVER ALLIANCE
    1 BRONX RIVER PARKWAY
    BRONX,NY10462
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 15,000
    GREAT LEAPS FOR HIGHER LEARNING INC
    926 FTELEY AVENUE
    BRONX,NY10473
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    GREATER NY COUNCIL - BOY SCOUTS OF AMERICA
    350 FIFTH AVENUE
    BRONX,NY10018
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    HOSTOS COMMUNITY COLLEGE CHILDREN'S CENTER
    500 GRAND CONCOURSE
    BRONX,NY10455
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    LEARNING DISABILITIES SUPPORT CENTER OF NY
    2125 Glebe Avenue
    BRONX,NY10462
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    IN-TECH ACADEMY (YOUTH DEVELOPMENT GROUP)
    2975 TIBBETT AVENUE
    BRONX,NY10463
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 5,000
    BRONX MUSEUM OF THE ARTS
    1040 GRAND CONCOURSE
    BRONX,NY10456
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 5,000
    RIVERDALE NEIGHBORHOOD HOUSE
    5521 MOSHULU AVENUE
    BRONX,NY10471
    COMMON BOARD MEMBER   FUNDING FOR THE ORGANIZATION'S PURPOSE 7,000
    JANE ADDAMS HIGH SCHOOL
    900 TINTON AVENUE
    BRONX,NY10456
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 5,000
    JUAN IGOR GONZALEZ BASEBALL LEAGUE
    1151 VYSE AVENUE
    BRONX,NY10459
    NONE   SPORTS EQUIPMENT 7,500
    KEYS TO THE FUTRE - WATSON BASKETBALL CLASSIC
    4240 HUTCHINSON RIVER PARKWAY
    BRONX,NY10475
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 20,000
    CITY PARKS FOUNDATION
    1 BRONX RIVER PARKWAY
    BRONX,NY10462
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 15,000
    KINGSBRIDGE HEIGHTS COMMUNITY CENTER
    3101 KINGSBRIDGE TERRACE
    BRONX,NY10463
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 20,000
    ALBERT EINSTEIN COLLEGE OF MEDICINE
    1300 MORRIS PARK AVENUE
    BRONX,NY10461
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 18,000
    KINGSBRIDGE LITTLE LEAGUE
    2166 MATTHEWS AVENUE
    BRONX,NY10462
    NONE   SPORTS EQUIPMENT 7,500
    KIWANIS CLUB OF PARKCHESTER
    905 BRUSH AVENUE
    BRONX,NY10465
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    LEHMAN CENTER FOR THE PERFORMING ARTS
    250 BEDFORD PARK
    BRONX,NY10468
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 5,000
    MERCY COLLEGE
    555 BROADWAY
    DOBBS,NY10522
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    MOSHOLU MONTEFIORE COMMUNITY CENTER
    3450 DEKALB AVENUE
    BRONX,NY10467
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    MOSHOLU PRESERVATION CORP
    3400 RESERVIOR OVAL EAST
    BRONX,NY10467
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    MUSLIM WOMEN'S INSTITUTE FOR RESEARCH & DEVELOPMEN
    1636 OGDEN AVENUE
    BRONX,NY10452
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 11,250
    NEW SETTLEMENT APARTMENTS
    1512 TOWNSEND AVENUE
    BRONX,NY10452
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    NEW YORK CITY OUTWARD BOUND CENTER
    29-46 NORTHERN BLVD
    LONG ISLAND,NY11101
    NONE   FUNDNING FOR THE ORGANIZATION'S PURPOSE 7,400
    NEXT MILLENIUM LITTLE LEAGUE
    2556 FISH AVENUE
    BRONX,NY10469
    NONE   SPORTS EQUIPMENT 6,316
    MERCY CENTER
    377 EAST 149TH STREET
    BRONX,NY10454
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 20,000
    HIGHBRIDGE VOICES
    1360 MERRIAN VOICES
    BRONX,NY10452
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 7,500
    BRONX COMMUNITY HEALTH NETWORK INC
    1 FORDHAM PLAZA
    BRONX,NY10458
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 7,500
    PER SCHOLAS
    804 EAST 138TH STREET
    BRONX,NY10454
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 20,000
    COMMUNITY HEALTHCARE NETWORK
    79 MADISON AVENUE
    6TH FLOOR
    NEW YORK,NY10016
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 9,290
    PHIPPS COMMUNITY DEVELOPMENT CORP
    902 BROADWAY
    NEW YORK,NY10010
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 13,000
    PRESTON CENTER FOR COMPASSION
    2780 SCHURZ AVENUE
    BRONX,NY10465
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 11,150
    PRIASE PEACE & PRIDE
    1133 OGDEN AVENUE
    BRONX,NY10452
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 13,300
    RAINBOW AFTER SCHOOL PROGRAM
    880 THEIROT AVENUE
    BRONX,NY10473
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 7,500
    READ FOUNDATION
    80 MAIDEN LANE
    NEW YORK,NY10038
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 5,000
    CARIBE LITTLE LEAGUE
    1925 Monterey Avenue - Suite 41A
    BRONX,NY10457
    NONE   SPORTS EQUIPMENT 7,500
    ROCKING THE BOAT
    812 EDGEWATER ROAD
    BRONX,NY10474
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 15,000
    ROLANDO PAULINO LITTLE LEAGUE
    735 EAST 165TH STREET
    BRONX,NY10465
    NONE   SPORTS EQUIPMENT 7,500
    SERVICIO DE EDUCACION BASICA
    941 INTERVALE AVENUE
    BRONX,NY10459
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 8,600
    THROGS NECK LITTLE LEAGUE
    150 Throgs Neck Blvd
    BRONX,NY10463
    NONE   SPORTS EQUIPMENT 7,500
    BASICS INC
    1064 Franklin Ave
    Bronx,NY10456
    COMMON BOARD MEMBER   FUNDING FOR THE ORGANIZATION'S PURPOSE 15,000
    Battered Women's Safe Territory
    766 East 228 Street
    Bronx,NY10466
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    SOUTH BRONX CONCERNED CITIZENS
    1019 AVENUE SAINT JOHN
    BRONX,NY10455
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 5,500
    SOUTH BRONX UNITED SOCCER CLUB INC
    199 LINCOLN AVENUE
    BRONX,NY10454
    NONE   SPORTS EQUIPMENT 15,000
    SPORTS IN ARTS IN SCHOOL
    58-12 QUEENS BLVD
    WOODSIDE,NY11377
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 5,000
    SUMMER ON THE HILL
    4662 TIBBET AVENUE
    BRONX,NY10471
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 10,000
    SURVIVAL INSTINCT THE NETWORK
    PO BOX 566
    BRONX,NY10472
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 7,500
    THE BRONX CHARTER SCHOOL FOR CHILDREN
    388 WILLIS AVENUE
    BRONX,NY10472
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 5,000
    THE BRONX COLT FOUNDATION
    PO BOX 286
    BRONX,NY10456
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 7,490
    THE POINT
    940 GARRISON AVENUE
    BRONX,NY10474
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 7,000
    THE TECH LINC PROJECT
    1513 POPHAM AVENUE
    BRONX,NY10453
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 13,600
    UNITAS THERAPEUTIC
    940 GARRISON AVENUE
    BRONX,NY10474
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 20,000
    YUCA ARTS PROGRAM
    1272 OGDEN AVENUE
    BRONX,NY10452
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 7,000
    NORTHWEST BRONX COMMUNITY & CLERGY COALITION
    103 EAST 196TH STREET
    BRONX,NY10468
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 13,315
    THE ACADEMY FOR CREATIVE EDUCATION
    1000 TELLER AVENUE
    BRONX,NY10456
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 4,994
    GRAFFITI 2 COMMUNITY MINISTRIES
    PO BOX 541559
    BRONX,NY10454
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 4,600
    ACADEMY OF MOUNT URSULA
    330 BEDFORD PARK
    BRONX,NY10458
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 4,560
    COMMUNITY WORD PROJECT
    42 BROADWAY
    NEW YORK,NY10004
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 4,223
    THE BRONX SYMPHONY ORCHESTRA
    2707 SEDGEWICK AVENUE
    BRONX,NY10468
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 4,200
    CHILDREN'S CIRCLE PLANNING CORP
    1332 FULTON AVENUE
    BRONX,NY10456
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 4,000
    COMTEMPORARY BALLET THEATRE
    PO BOX 740015
    BRONX,NY10474
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 4,000
    RESOURCE CENTER FOR COMMUNITY DEVELOPMENT
    421 EAST 155 STREET
    BRONX,NY10459
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 4,000
    HEART GALLERY NYC
    PO BOX 606
    NEW YORK,NY10028
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 3,800
    JAMES MONROE CAMPUS HIGH SCHOOL
    1300 BOYNTON AVENUE
    BRONX,NY10472
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 3,474
    THE NEW YORK TIGERS
    1214 SHERIDAN AVENUE
    BRONX,NY10456
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 3,309
    HYDE LEADERSHIP CHARTER SCHOOL
    730 BRYANT AVENUE
    BRONX,NY10474
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 3,175
    ROLLIN' TOGETHER LOCAL DEVELOPMENT CORP
    419 EAST 135 STREET
    BRONX,NY10454
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 3,000
    THE LITTLE LEAGUE RAIDERS
    1015 GERARD AVENUE
    BRONX,NY10452
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 2,907
    ALBERT EINSTEIN COLLEGE OF MEDICINE
    1300 MORRIS PARK AVENUE
    BRONX,NY10461
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 2,620
    UBA SPORTS
    2270 WALTON AVENUE
    BRONX,NY10464
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 2,582
    BRONXCHESTER LL
    1553 MCDONALD STREET
    BRONX,NY10461
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 2,500
    EDGEWATER PARK ATHLETICS INC
    80-E EDGEWATER PARK
    BRONX,NY10465
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 2,500
    JEHOVAH SHAMMAH FAMILY INSTITUTE INC
    504 SOUTHERN BLVD
    BRONX,NY10455
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 1,850
    49TH PRECINCT EXPLORERS PROGRAM
    2121 EASTCHESTER ROAD
    BRONX,NY10461
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 1,500
    CARBALLO YOUTH BASEBALL LEAGUE
    640 WALES AVENUE
    BRONX,NY10455
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 1,500
    EDWIN MARRERO LITTLE LEAGUE
    1414 WALTON AVENUE
    BRONX,NY10452
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 1,500
    FATCO
    825 MORRISON AVENUE
    BRONX,NY10473
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 1,500
    INSTITUTE OF APPLIED HUMAN DYNAMICS
    3625 BAINBRIDGE AVENUE
    BRONX,NY10467
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 1,500
    JAWS LITTLE LEAGUE
    1237 INTERVALE AVENUE
    BRONX,NY10459
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 1,500
    JUST US
    345 BROOK AVENUE
    BRONX,NY10454
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 1,500
    NYC POLICE DEPARTMENT EXPLORERS PROGRAM POST #204
    1035 LONGWOOD AVENUE
    BRONX,NY10459
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 1,500
    PURE GOSPEL MIRACLE REVIVAL CENTER
    1015 WALTON AVENUE
    BRONX,NY10452
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 1,500
    RAMON JOMPY JIMENEZ LITTLE LEAGUE
    c/o 199 LINCOLN AVENUE
    BRONX,NY10454
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE `1500 1,500
    SCHUYLER HILL CIVIC ASSOCATION
    3087 MITCHELL PLACE
    BRONX,NY10465
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 1,500
    UNITY NEIGHBORHOOD CENTER
    821-7 EAST 233RD STREET
    BRONX,NY10466
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 1,500
    I9 SPORTS OF THE BRONX
    3040 EAST TREMONT AVENUE
    BRONX,NY10461
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 1,117
    ST MARY'S RECREATION CENTER
    450 ST ANNS AVENUE
    BRONX,NY10455
    NONE   FUNDING FOR THE ORGANIZATION'S PURPOSE 380
    REVERSAL OF PRIOR YEAR CONTRIBUTION
    199 LINCOLN AVENUE
    BRONX,NY10454
        REVERSAL OF PRIOR YEAR CONTRIBUTION -500
    Total .................................bullet 3a 853,720
    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 1,163  
    4 Dividends and interest from securities....          
    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          
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,163  
    13Total. Add line 12, columns (b), (d), and (e)...................
    131,163
    (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
    THE NEW YANKEE STADIUM COMMUNITY BENEFITS
    FUND INC
    Employer identification number

    14-1979116
    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
    THE NEW YANKEE STADIUM COMMUNITY BENEFITS
    FUND INC
    Employer identification number

    14-1979116
    Part I
    Contributors (see Instructions)
         
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Aggregate contributions
    (d)
    Type of contribution
    1
     
     

    NEW YORK YANKEES    
    YANKEE STADIUM
       
    BRONX, NY   10451

    $935,000




    (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.)
    (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
    THE NEW YANKEE STADIUM COMMUNITY BENEFITS
    FUND INC
    Employer identification number

    14-1979116
    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
    THE NEW YANKEE STADIUM COMMUNITY BENEFITS
    FUND INC
    Employer identification number

    14-1979116
    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:
    THE NEW YANKEE STADIUM COMMUNITY BENEFITS
    FUND INC
    EIN: 14-1979116
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT FEES 8,000      
    BOOKKEEPER 34,995      

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

    TY 2010 DepreciationSchedule
    Name:
    THE NEW YANKEE STADIUM COMMUNITY BENEFITS
    FUND INC
    EIN: 14-1979116
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)
    Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2010 LandEtcSchedule2
    Name:
    THE NEW YANKEE STADIUM COMMUNITY BENEFITS
    FUND INC
    EIN: 14-1979116
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2010 OtherAssetsSchedule
    Name:
    THE NEW YANKEE STADIUM COMMUNITY BENEFITS
    FUND INC
    EIN: 14-1979116
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSIT 1,000 1,000 1,000


    TY 2010 OtherExpensesSchedule
    Name:
    THE NEW YANKEE STADIUM COMMUNITY BENEFITS
    FUND INC
    EIN: 14-1979116
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 119 0 0 0


    TY 2010 OtherIncomeSchedule2
    Name:
    THE NEW YANKEE STADIUM COMMUNITY BENEFITS
    FUND INC
    EIN: 14-1979116
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INTEREST INCOME