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
Teshinsky Family Foundation
FRED & LUCY TESHINSKY TRUSTEES

Number and street (or P.O. box number if mail is not delivered to street address)24442 SANTA CLARA AVE   Room/suite
City or town, state, and ZIP code
DANA POINT, CA926293022
A Employer identification number

20-7165016
B Telephone number (see page 10 of the instructions)

(626) 968-9680
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$5,026,123J 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) 900,000
2 Check bullet
3 Interest on savings and temporary cash investments 63,613 63,613  
4 Dividends and interest from securities...... 51 51  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -2,221,860
b Gross sales price for all assets on line 6a 308,296,281
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........ -1,258,196 63,664  
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)......... 150 75 0 75
b Accounting fees (attach schedule)....... 3,000 1,500 0 1,500
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 35,010 17,505   17,505
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 82,434 65,794    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 120,594 84,874 0 19,080
25 Contributions, gifts, grants paid........ 95,000 95,000
26 Total expenses and disbursements. Add lines 24 and 25 215,594 84,874 0 114,080
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,473,790
b Net investment income (if negative, enter -0-) 0
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.......... 6,379,963 4,906,173 5,026,123
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)........      
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)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,379,963 4,906,173 5,026,123
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 6,379,963 4,906,173
30 Total net assets or fund balances (see page 17 of the
instructions).................... 6,379,963 4,906,173
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 6,379,963 4,906,173
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 6,379,963
2 Enter amount from Part I, line 27a...................... 2 -1,473,790
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 4,906,173
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 4,906,173
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 SHS B OF A P 2008-01-09 2010-01-20
b SHS ELECTRIC ARTS P 2008-01-09 2010-01-20
c SHS GARMIN P 2008-03-26 2010-01-20
d SHS FINL SECTOR P 2008-04-07 2010-01-20
e SHS UNITED RENTAL P 2008-04-15 2010-01-20
SHS CITIGROUP P 2008-10-28 2010-01-20
SHS ANNALY CAPITAL P 2008-10-28 2010-01-20
SHS APAC CUSTOMER SERVICES P 2009-01-20 2010-01-06
SHS AMERICAS CAR MART   2009-01-20 2010-01-06
SHS ACETO CORP P 2009-01-20 2010-01-06
SHS AMERICA SERVICE GROUP P 2009-01-20 2010-01-06
SHS EPLUS P 2009-01-20 2010-01-06
SHS EFJOHNSON TECH P 2009-01-20 2010-01-06
SHS EMPIRE RESORTS P 2009-01-20 2010-01-06
SHS ECOLOGY & ENVIRONMENT P 2009-01-20 2010-01-06
SHS FRIEDMAN INDUSTRIES P 2009-01-20 2010-01-06
SHS HENRY BROS ELECTRONICS P 2009-01-20 2010-01-06
SHS HUDSON TECHNOLOGIES P 2009-01-20 2010-01-06
SHS INSTEEL INDUSTRIES P 2009-01-20 2010-01-06
SHS INTL SHIPHOLDING CORP P 2009-01-20 2010-01-06
SHS KIRKLANDS P 2009-01-20 2010-01-06
SHS MEDIFAST P 2009-01-20 2010-01-06
SHS MI HOMES P 2009-01-20 2010-01-06
SHS OVERHILL FARMS P 2009-01-20 2010-01-06
SHS ORCHIDS PAPER PROD P 2009-01-20 2010-01-06
SHS SAPIENS INTL P 2009-01-20 2010-01-06
SHS TRANSACT TECH P 2009-01-20 2010-01-06
SHS TREX INC P 2009-01-20 2010-01-07
SHS US CONCRETE P 2009-01-20 2010-01-06
SHS UNIFI INC P 2009-01-20 2010-01-06
SHS VSE CORP   2009-01-20 2010-01-06
SHS VIDEO DISPLAY CORP P 2009-01-20 2010-01-06
SHS AEP P 2009-07-07 2010-01-28
SHS AIR TRANSPORT P 2009-07-07 2010-01-28
SHS AMERICA SERVICE GROUP P 2009-07-07 2010-01-28
SHS BIG 5 P 2009-07-07 2010-01-28
SHS BIOSCRIP P 2009-07-07 2010-01-28
SHS CARIBOU COFFEE P 2009-07-07 2010-01-28
SHS COVENANT TRANS P 2009-07-07 2010-01-28
SHS DORMAN PRODUCTS P 2009-07-07 2010-01-28
SHS DESTINATION MATERNITY   2009-07-07 2010-01-28
SHS DUCKWELL ALCO P 2009-07-07 2010-01-28
SHS GANDER MOUNTAIN P 2009-07-07 2010-01-25
SHS HAWKINS P 2009-07-07 2010-01-28
SHS INFOSONICS P 2009-07-07 2010-01-28
SHS INVENTURE GROUP P 2009-07-07 2010-01-28
SHS HEALTH FITNESS CORP P 2009-07-07 2010-01-28
SHS IEC ELECTRONICS P 2009-07-07 2010-01-28
SHS KIRKLANDS P 2009-07-07 2010-01-28
SHS LITHIA MOTORS P 2009-07-07 2010-01-28
SHS MONEYGRAM INTL P 2009-07-07 2010-01-28
SHS MAJESCO ENTERTAINMENT P 2009-07-07 2010-01-28
SHS MERRIMAC IND P 2009-07-07 2010-01-28
SHS OPENWAVE SYSTEMS P 2009-07-07 2010-01-28
SHS RADIAN GROUP P 2009-07-07 2010-01-28
SHS SAIA INC P 2009-07-07 2010-01-28
SHS AEP P 2009-08-12 2010-01-28
SHS AIR TRANSPORT P 2009-08-12 2010-01-28
SHS AMERICA SERVICE GROUP P 2009-08-12 2010-01-28
SHS BIG 5 P 2009-08-12 2010-01-28
SHS BIOSCRIP   2009-08-12 2010-01-28
SHS CARIBOU COFFEE P 2009-08-12 2010-01-28
SHS COVENANT TRANS P 2009-08-12 2010-01-28
SHS DORMAN PRODUCTS P 2009-08-12 2010-01-28
SHS DESTINATION MATERNITY P 2009-08-12 2010-01-28
SHS DUCKWELL ALCO P 2009-08-12 2010-01-28
SHS GANDER MOUNTAIN P 2009-08-12 2010-01-28
SHS HAWKINS P 2009-08-12 2010-01-28
SHS INFOSONICS   2009-08-12 2010-01-28
SHS INVENTURE GROUP P 2009-08-12 2010-01-28
SHS HEALTH FITNESS CORP P 2009-08-12 2010-01-28
SHS IEC ELECTRONICS P 2009-08-12 2010-01-28
SHS KIRKLANDS P 2009-08-12 2010-01-28
SHS LITHIA MOTORS P 2009-08-12 2010-01-28
SHS MONEYGRAM INTL P 2009-08-12 2010-01-28
SHS MAJESCO ENTERTAINMENT P 2009-08-12 2010-01-28
SHS MERRIMAC IND P 2009-08-12 2010-01-28
SHS OPENWAVE SYSTEMS P 2009-08-12 2010-01-28
SHS RADIAN GROUP P 2009-08-12 2010-01-28
SHS SAIA INC P 2009-08-12 2010-01-28
SHS PIXELWORKS P 2009-09-11 2010-01-28
SHS S&P 500 1030 P 2009-12-23 2010-01-13
SHS S&P 500 1100 P 2010-01-08 2010-01-20
SHS S&P 500 1075 P 2010-01-19 2010-03-02
SHS S&P 500 1075 P 2010-01-19 2010-01-26
SHS S&P 500 1075 P 2010-01-20 2010-01-20
SHS S&P 500 900 P 2010-01-26 2010-02-02
SHS S&P 500 900 P 2010-01-26 2010-01-26
SHS S&P 500 1050 P 2010-02-02 2010-02-05
SHS S&P 500 1100   2010-02-03 2010-02-05
SHS S&P 500 1075 P 2010-02-03 2010-03-02
SHS S&P 500 1050 P 2010-02-05 2010-02-08
SHS S&P 500 1045 P 2010-02-08 2010-05-04
SHS S&P 500 1000 P 2010-02-09 2010-02-09
SHS S&P 500 1000 P 2010-02-09 2010-02-17
SHS S&P 500 1075 P 2010-02-17 2010-05-04
SHS S&P 500 1050 P 2010-02-17 2010-02-19
SHS S&P 500 1055 P 2010-02-19 2010-02-22
SHS S&P 500 1075 P 2010-02-22 2010-03-02
SHS S&P 500 1090   2010-03-02 2010-03-05
SHS S&P 500 1105 P 2010-03-05 2010-03-18
SHS S&P 500 1125 P 2010-03-22 2010-03-31
SHS S&P 500 1125 P 2010-04-01 2010-04-07
SHS S&P 500 1125 P 2010-04-08 2010-04-27
SHS S&P 500 1125 P 2010-04-09 2010-07-27
SHS S&P 500 1200 P 2010-04-19 2010-04-27
SHS S&P 500 1200 P 2010-04-19 2010-07-20
SHS S&P 500 1200 P 2010-04-23 2010-04-27
SHS S&P 500 1200 P 2010-04-23 2010-07-20
SHS S&P 500 1200 P 2010-04-27 2010-04-27
SHS S&P 500 1195 P 2010-04-27 2010-05-04
SHS S&P 500 1195 P 2010-04-27 2010-05-04
SHS S&P 500 1075 P 2010-04-27 2010-08-06
SHS S&P 500 1200 P 2010-04-27 2010-07-20
SHS S&P 500 1075 P 2010-05-04 2010-05-07
SHS S&P 500 1200 P 2010-05-04 2010-05-07
SHS S&P 500 1175 P 2010-05-05 2010-05-07
SHS S&P 500 1175 P 2010-05-05 2010-07-20
SHS S&P 500 1075 P 2010-05-07 2010-05-21
SHS S&P 500 1175 P 2010-05-07 2010-05-21
SHS S&P 500 1090 P 2010-05-07 2010-05-07
SHS S&P 500 1190 P 2010-05-07 2010-05-21
SHS S&P 500 1115 P 2010-05-07 2010-05-21
SHS S&P 500 1120 P 2010-05-07 2010-05-07
SHS S&P 500 1170 P 2010-05-07 2010-05-07
SHS S&P 500 1195   2010-05-07 2010-05-07
SHS S&P 500 1170 P 2010-05-21 2010-07-01
SHS S&P 500 1120 P 2010-05-21 2010-07-27
SHS S&P 500 1195 P 2010-05-21 2010-06-29
SHS S&P 500 1070   2010-05-21 2010-07-23
SHS S&P 500 1175 P 2010-06-29 2010-07-02
SHS S&P 500 1175 P 2010-06-29 2010-08-27
SHS S&P 500 1100 P 2010-07-01 2010-08-27
SHS S&P 500 1150 P 2010-07-02 2010-08-27
SHS S&P 500 1200 P 2010-07-20 2010-07-23
SHS S&P 500 1180 P 2010-07-20 2010-07-23
SHS S&P 500 1070 P 2010-07-23 2010-08-20
SHS S&P 500 1185 P 2010-07-23 2010-08-09
SHS S&P 500 1205 P 2010-07-23 2010-08-09
SHS S&P 500 1000 P 2010-07-27 2010-07-29
SHS S&P 500 1100 P 2010-07-27 2010-08-09
SHS S&P 500 975 P 2010-07-29 2010-08-09
SHS S&P 500 1095 P 2010-08-06 2010-09-14
SHS S&P 500 1210 P 2010-08-09 2010-08-27
SHS S&P 500 1190 P 2010-08-09 2010-08-27
SHS S&P 500 1030   2010-08-20 2010-09-27
SHS S&P 500 950 P 2010-08-27 2010-12-16
SHS S&P 500 950 P 2010-08-27 2010-10-18
SHS S&P 500 1050 P 2010-08-27 2010-08-27
SHS S&P 500 950 P 2010-08-27 2010-09-27
SHS S&P 500 1050 P 2010-08-27 2010-08-27
SHS S&P 500 935 P 2010-08-30 2010-09-20
SHS S&P 500 950 P 2010-08-30 2010-09-20
SHS S&P 500 1125 P 2010-09-14 2010-09-24
SHS S&P 500 960 P 2010-09-20 2010-09-27
SHS S&P 500 1130 P 2010-09-24 2010-09-27
SHS S&P 500 1000 P 2010-09-27 2010-10-18
SHS S&P 500 1000 P 2010-09-27 2010-10-12
SHS S&P 500 1000 P 2010-09-28 2010-10-11
SHS S&P 500 1025 P 2010-09-28 2010-10-11
SHS S&P 500 1050 P 2010-10-12 2010-11-05
SHS S&P 500 1050 P 2010-10-13 2010-11-05
SHS S&P 500 1075 P 2010-10-18 2010-11-05
SHS S&P 500 1075 P 2010-11-05 2010-12-02
SHS S&P 500 1100 P 2010-11-05 2010-12-01
SHS S&P 500 1225 P 2010-12-01 2010-12-10
SHS S&P 500 1075 P 2010-12-02 2010-12-27
SHS S&P 500 1100 P 2010-12-02 2010-12-27
SHS S&P 500 1235 P 2010-12-10 2010-12-13
SHS S&P 500 1245 P 2010-12-13 2010-12-16
SHS S&P 500 1200 P 2010-12-14 2010-12-21
SHS S&P 500 1225 P 2010-12-14 2010-12-21
SHS S&P 500 1200 P 2010-12-15 2010-12-21
SHS S&P 500 1225 P 2010-12-15 2010-12-21
(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     19,980 -19,980
b     20,150 -20,150
c     24,570 -24,570
d     257,500 -257,500
e     24,840 -24,840
    33,403 -33,403
    7,800 -7,800
19,063   4,127 14,936
8,653   3,933 4,720
2,128   3,933 -1,805
6,592   4,083 2,509
6,325   4,020 2,305
3,113   4,139 -1,026
6,270   4,149 2,121
4,531   4,054 477
2,570   4,063 -1,493
2,831   4,016 -1,185
3,769   4,465 -696
4,609   3,939 670
4,875   3,950 925
26,505   4,030 22,475
20,343   4,015 16,328
3,934   3,886 48
3,730   4,137 -407
8,217   4,055 4,162
3,473   4,001 -528
6,469   3,990 2,479
4,987   3,939 1,048
1,121   3,937 -2,816
6,451   3,952 2,499
4,279   3,900 379
2,301   4,077 -1,776
13,424   10,188 3,236
10,689   10,301 388
9,454   10,244 -790
12,728   10,016 2,712
12,826   9,987 2,839
11,506   10,276 1,230
6,908   10,454 -3,546
11,011   10,194 817
12,054   10,536 1,518
8,025   10,686 -2,661
8,580   9,946 -1,366
9,547   9,990 -443
5,965   10,396 -4,431
9,187   10,325 -1,138
14,049   10,710 3,339
10,807   10,338 469
13,062   9,942 3,120
8,959   10,128 -1,169
16,626   10,279 6,347
4,000   10,256 -6,256
18,856   10,419 8,437
10,490   10,044 446
25,438   10,256 15,182
6,646   10,140 -3,494
10,874   10,047 827
8,804   10,046 -1,242
8,390   9,945 -1,555
9,504   10,009 -505
13,363   10,000 3,363
10,568   10,008 560
7,752   9,996 -2,244
10,920   10,163 757
9,141   9,964 -823
8,079   9,985 -1,906
9,131   10,183 -1,052
11,206   10,026 1,180
5,565   10,210 -4,645
8,136   10,016 -1,880
14,067   9,916 4,151
7,242   9,927 -2,685
11,226   10,020 1,206
6,309   10,175 -3,866
12,950   10,014 2,936
3,900   9,950 -6,050
19,336   10,507 8,829
9,670   9,917 -247
10,761   9,983 778
6,571   10,162 -3,591
20,239   20,627 -388
945,000   475,000 470,000
241,500   210,000 31,500
1,492,000   1,240,000 252,000
428,950   582,830 -153,880
122,500   116,550 5,950
560,000   656,000 -96,000
59,780   65,600 -5,820
6,220,000   6,000,000 220,000
879,500   819,600 59,900
235,350   155,000 80,350
4,590,000   3,966,500 623,500
2,092,500   4,491,000 -2,398,500
490,000   512,500 -22,500
588,000   435,000 153,000
1,612,500   2,025,000 -412,500
645,000   555,000 90,000
570,000   495,000 75,000
585,000   465,000 120,000
2,130,000   1,830,000 300,000
2,100,000   1,290,000 810,000
2,070,000   1,740,000 330,000
1,620,000   1,320,000 300,000
1,320,000   1,116,000 204,000
1,065,000   1,275,000 -210,000
670,000   633,600 36,400
556,100   1,380,000 -823,900
670,000   535,500 134,500
456,500   1,380,000 -923,500
6,760,000   5,800,000 960,000
1,400,000   1,146,000 254,000
7,000,000   5,780,000 1,220,000
477,000   150,000 327,000
5,000,000   13,800,000 -8,800,000
3,270,000   2,085,000 1,185,000
13,200,000   9,756,000 3,444,000
10,150,000   6,880,000 3,270,000
6,000,000   11,000,000 -5,000,000
2,340,000   2,130,000 210,000
13,100,000   11,580,000 1,520,000
2,289,000   1,929,000 360,000
17,520,000   15,280,000 2,240,000
2,820,000   2,700,000 120,000
2,766,000   1,995,000 771,000
10,400,000   9,200,000 1,200,000
15,640,000   12,840,000 2,800,000
15,050,000   12,000,000 3,050,000
1,200,000   2,901,000 -1,701,000
18,780,000   17,946,000 834,000
570,000   2,010,000 -1,440,000
9,720,000   8,340,000 1,380,000
7,740,000   8,340,000 -600,000
5,300,000   10,000,000 -4,700,000
6,000,000   8,400,000 -2,400,000
16,848,000   13,836,421 3,011,579
11,850,000   9,764,850 2,085,150
870,000   960,000 -90,000
10,165,370   6,900,000 3,265,370
14,344,476   10,200,000 4,144,476
1,652,500   1,635,000 17,500
1,300,000   1,025,000 275,000
1,120,000   1,400,000 -280,000
651,000   70,000 581,000
10,746,000   19,434,000 -8,688,000
7,315,000   13,880,000 -6,565,000
51,000   882,000 -831,000
2,750   1,076,250 -1,073,500
28,750   358,750 -330,000
2,850,000   2,980,000 -130,000
1,050,000   210,000 840,000
2,500,000   2,375,000 125,000
83,000   245,000 -162,000
198,625   50,000 148,625
876,000   360,000 516,000
100,000   90,000 10,000
402,000   408,000 -6,000
520,000   191,750 328,250
65,000   20,000 45,000
325,000   500,000 -175,000
602,500   407,500 195,000
105,000   24,000 81,000
154,000   42,000 112,000
116,000   35,000 81,000
88,000   32,010 55,990
48,000   20,000 28,000
622,000   88,000 534,000
5,250   31,500 -26,250
42,700   8,050 34,650
144,000   94,000 50,000
170,000   107,000 63,000
    22,500 -22,500
73,500     73,500
    4,000 -4,000
12,000     12,000
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       -19,980
b       -20,150
c       -24,570
d       -257,500
e       -24,840
      -33,403
      -7,800
      14,936
      4,720
      -1,805
      2,509
      2,305
      -1,026
      2,121
      477
      -1,493
      -1,185
      -696
      670
      925
      22,475
      16,328
      48
      -407
      4,162
      -528
      2,479
      1,048
      -2,816
      2,499
      379
      -1,776
      3,236
      388
      -790
      2,712
      2,839
      1,230
      -3,546
      817
      1,518
      -2,661
      -1,366
      -443
      -4,431
      -1,138
      3,339
      469
      3,120
      -1,169
      6,347
      -6,256
      8,437
      446
      15,182
      -3,494
      827
      -1,242
      -1,555
      -505
      3,363
      560
      -2,244
      757
      -823
      -1,906
      -1,052
      1,180
      -4,645
      -1,880
      4,151
      -2,685
      1,206
      -3,866
      2,936
      -6,050
      8,829
      -247
      778
      -3,591
      -388
      470,000
      31,500
      252,000
      -153,880
      5,950
      -96,000
      -5,820
      220,000
      59,900
      80,350
      623,500
      -2,398,500
      -22,500
      153,000
      -412,500
      90,000
      75,000
      120,000
      300,000
      810,000
      330,000
      300,000
      204,000
      -210,000
      36,400
      -823,900
      134,500
      -923,500
      960,000
      254,000
      1,220,000
      327,000
      -8,800,000
      1,185,000
      3,444,000
      3,270,000
      -5,000,000
      210,000
      1,520,000
      360,000
      2,240,000
      120,000
      771,000
      1,200,000
      2,800,000
      3,050,000
      -1,701,000
      834,000
      -1,440,000
      1,380,000
      -600,000
      -4,700,000
      -2,400,000
      3,011,579
      2,085,150
      -90,000
      3,265,370
      4,144,476
      17,500
      275,000
      -280,000
      581,000
      -8,688,000
      -6,565,000
      -831,000
      -1,073,500
      -330,000
      -130,000
      840,000
      125,000
      -162,000
      148,625
      516,000
      10,000
      -6,000
      328,250
      45,000
      -175,000
      195,000
      81,000
      112,000
      81,000
      55,990
      28,000
      534,000
      -26,250
      34,650
      50,000
      63,000
      -22,500
      73,500
      -4,000
      12,000
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 -2,221,860
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 87,758 2,146,917 0.040876
2008 38,756 2,155,575 0.017979
2007 51,490 1,639,845 0.031399
2006   525,489  
2005      
2 Total of line 1, column (d) ...................... 2 0.090254
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 0.022564
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 4,797,772
5 Multiply line 4 by line 3....................... 5 108,257
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 0
7 Add lines 5 and 6......................... 7 108,257
8 Enter qualifying distributions from Part XII, line 4.............. 8 114,080
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 0
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 0
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 0
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 15,520
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 15,520
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 15,520
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet15,520 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)bulletCA
    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 ofbulletADAM TESHINSKY Telephone no.bullet (626) 968-9680
    Located atbullet24442 SANTA CLARA AVEDANA POINTCA ZIP+4bullet92629
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
     
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    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 bullet2009, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    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
    FRED TESHINSKY TRUSTEE/OFFICER
    1.0     		0 0 0
    24442 SANTA CLARA AVE
    DANA POINT,CA92629
    LUCY TESHINSKY TRUSTEE/OFFICER
    1.0     		0 0 0
    24442 SANTA CLARA AVE
    DANA POINT,CA92629
    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
    4,870,835
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,870,835
    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
    4,870,835
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    73,063
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,797,772
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    239,889
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    239,889
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    0
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    239,889
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    239,889
    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
    239,889
    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
    114,080
    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
    114,080
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    114,080
    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 7 239,889
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 90,463
    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.......  
    e From 2009.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 114,080
    a Applied to 2009, but not more than line 2a 90,463
    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..... 23,617
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		216,272
    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 ......     		0
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010.... 0
    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).)
    FRED TESHINSKY
    LUCY TESHINSKY
    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.
    NONE
    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
    Cato Institue
    36 Battery Place
    New York,NY10280     		  501(c)(3) For their exempt purpose 25,000
    Pacific Legal Foundation
    3900 Lennana Drive Ste 200
    Sacramento,CA95834     		  501(c)(3) For their exempt purpose 20,000
    Hebrew International Aid Society (HIAS)
    333 Seventh Avenue 2nd Fl
    New York,NY10001     		  501(c)(3) For their exempt purpose 3,000
    Steadman Philippon Research Institute
    1000 Massachusetts Avenue NW
    Washington DC,VA20001     		  501(c)(3) For their exempt purpose 2,500
    New Los Angeles Charter School
    1900 Avenue of the Stars Ste 2800
    Los Angeles,CA90067     		  501(c)(3) For their exempt purpose 10,000
    Doctors Without Borders
    333 Seventh Avenue 2nd Fl
    New York,NY10001     		  501(c)(3) For their exempt purpose 2,000
    Tax Foundation
    529 14th Street NW Ste 420
    Washington,DC200451000     		  501(c)(3) For their exempt purpose 2,000
    Museum of the History of Polish Jews
    401 Broadway Ste 1200
    New York,NY10013     		  501(c)(3) For their exempt purpose 5,000
    Los Angeles Philharmonic
    151 South Grand Avenue
    Los Angeles,CA90012     		  501(c)(3) For their exempt purpose 10,000
    Carnegie-Mellon University
    5000 Forbes Avenue
    Pittsburgh,PA15213     		  501(c)(3) For their exempt purpose 5,000
    Ocean Institute (Dana Point)
    19800 Macarthur Boulevard
    Irvine,CA92612     		  501(c)(3) For their exempt purpose 1,000
    America Red Cross
    Various Locations
    Various Locations,CA00000     		  501(c)(3) For their exempt purpose 5,000
    Jewish Free Loan Association
    6505 Wilshire Boulevard Ste 715
    Los Angeles,CA90048     		  501(c)(3) For their exempt purpose 2,000
    Electronic Frontier Foundation
    454 Shotwell Street
    San Francisco,CA941101914     		  501(c)(3) For their exempt purpose 2,500
    Total .................................bullet 3a 95,000
    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 63,613  
    4 Dividends and interest from securities....     14 51  
    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 -2,221,860  
    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)..   -2,158,196  
    13Total. Add line 12, columns (b), (d), and (e)...................
    13-2,158,196
    (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:  
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    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
    Teshinsky Family Foundation
    FRED & LUCY TESHINSKY TRUSTEES
    Employer identification number

    20-7165016
    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
    Teshinsky Family Foundation
    FRED & LUCY TESHINSKY TRUSTEES         		Employer identification number

    20-7165016
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    1
     
     

    FRED AND LUCY TESHINSKY    
    24442 SANTA CLARA AVENUE
       
    DANA POINT, CA   92629

    		$300,000




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

    ROBERT D TESHINSKY    
    518 BLUEROCK DRIVE
       
    SAN LUIS OBISPO, CA   93401

    		$300,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    3
     
     

    ADAM J TESHINSKY    
    4151 REDWOOD AVENUE UNIT 406
       
    LOS ANGELES, CA   90066

    		$300,000




    (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.)
    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
    Teshinsky Family Foundation
    FRED & LUCY TESHINSKY TRUSTEES         		Employer identification number

    20-7165016
    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
    Teshinsky Family Foundation
    FRED & LUCY TESHINSKY TRUSTEES         		Employer identification number

    20-7165016
    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)

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    TY 2010 DepreciationSchedule
    Name:
    Teshinsky Family Foundation
    FRED & LUCY TESHINSKY TRUSTEES
    EIN: 20-7165016
    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:
    Teshinsky Family Foundation
    FRED & LUCY TESHINSKY TRUSTEES
    EIN: 20-7165016
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2010 OtherExpensesSchedule
    Name:
    Teshinsky Family Foundation
    FRED & LUCY TESHINSKY TRUSTEES
    EIN: 20-7165016
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COMMISSION 65,774 65,774    
    FEES 20 20    
    MISC 16,640      


    TY 2010 TaxesSchedule
    Name:
    Teshinsky Family Foundation
    FRED & LUCY TESHINSKY TRUSTEES
    EIN: 20-7165016
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FRACHISE TAX BOARD 10 5   5
    REIMB. FOR 2009 990-PF TAX 35,000 17,500   17,500