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 08-01-2010 , and ending 07-31-2011
G
Check all that apply:
Name of foundation
ALLEN FOUNDATION 9572070611 R70781001
 

Number and street (or P.O. box number if mail is not delivered to street address)C/O JPMORGAN CHASE BANKNAPOBOX 3038   Room/suite
City or town, state, and ZIP code
MILWAUKEE, WI53201
A Employer identification number

39-1708035
B Telephone number (see page 10 of the instructions)

(414) 977-1210
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$17,857,702J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 286 286  
4 Dividends and interest from securities...... 366,995 367,171  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 799,725
b Gross sales price for all assets on line 6a 7,887,671
7 Capital gain net income (from Part IV, line 2)... 870,486
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........ 1,167,006 1,237,943  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 119,122 89,341   29,781
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,305 0   1,305
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 10,388 2,346   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 892 0   892
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 6,442 1,601   6,440
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 138,149 93,288   38,418
25 Contributions, gifts, grants paid........ 797,604 797,604
26 Total expenses and disbursements. Add lines 24 and 25 935,753 93,288   836,022
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 231,253
b Net investment income (if negative, enter -0-) 1,144,655
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............... 2,384 3,370 3,370
2 Savings and temporary cash investments.......... 52,473 80,673 80,673
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)........ 9,817,967 Click to see attachment9,263,261 10,568,376
c Investments—corporate bonds (attach schedule)........ 6,074,826 Click to see attachment6,837,551 7,205,283
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) 15,947,650 16,184,855 17,857,702
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 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......... 15,947,650 16,184,855
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see page 17 of the
instructions).................... 15,947,650 16,184,855
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 15,947,650 16,184,855
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 15,947,650
2 Enter amount from Part I, line 27a...................... 2 231,253
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 5,952
4 Add lines 1, 2, and 3.......................... 4 16,184,855
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 16,184,855
Form 990-PF (2010)
Form 990-PF (2010)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b POWERSHARES DB K-1 SHORT-TERM GAIN P    
c POWERSHARES DB K-1 LONG-TERM GAIN P    
d POWERSHARES DB K-1 SEC. 1256 P    
e CAPITAL GAINS DIVIDENDS P    
(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 7,857,184   7,087,946 769,238
b       96
c       2,848
d       67,817
e 30,487     30,487
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       769,238
b       96
c       2,848
d       67,817
e       30,487
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 2 870,486
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 722,737 16,725,407 0.043212
2008 585,672 14,688,610 0.039873
2007 348,534 18,489,390 0.018850
2006 214,226 6,968,226 0.030743
2005 252,903 5,517,423 0.045837
2 Total of line 1, column (d) ...................... 2 0.178515
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 0.035703
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 17,741,552
5 Multiply line 4 by line 3....................... 5 633,427
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 11,447
7 Add lines 5 and 6......................... 7 644,874
8 Enter qualifying distributions from Part XII, line 4.............. 8 836,022
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 11,447
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 11,447
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 11,447
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 8,040
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 8,040
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 3,407
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
    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)bulletWI
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJPMORGAN CHASE BANK NA Telephone no.bullet (414) 977-2012
    Located atbullet111 E WISCONSIN AVE FLOOR 22MILWAUKEEWI ZIP+4bullet53202
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........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
    JPMORGAN CHASE BANK NA TRUSTEE
    2.00     		119,122 0 0
    PO BOX 3038
    MILWAUKEE,WI53201
    DAVID CASAROTTO GOVERNOR, CHAIRMAN
    1.00     		0 0 0
    PO BOX 3038
    MILWAUKEE,WI53201
    MORGAN R REDWINE JR GOVERNOR
    1.00     		0 0 0
    PO BOX 3038
    MILWAUKEE,WI53201
    FATHER JAMES MCENERY GOVERNOR
    1.00     		0 0 0
    PO BOX 3038
    MILWAUKEE,WI53201
    HUGH H BELL GOVERNOR
    1.00     		0 0 0
    PO BOX 3038
    MILWAUKEE,WI53201
    ALLAN BRINKERHOFF GOVERNOR
    1.00     		0 0 0
    PO BOX 3038
    MILWAUKEE,WI53201
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 N/A 0
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A 0
    2  
    All other program-related investments. See page 24 of the instructions.
    3 Click to see attachment 0
    Total. Add lines 1 through 3...........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    17,329,492
    b
    Average of monthly cash balances.......................
    1b
    682,236
    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
    18,011,728
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d..........................
    3
    18,011,728
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    270,176
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    17,741,552
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    887,078
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    887,078
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    11,447
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,447
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    875,631
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    875,631
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    875,631
    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
    836,022
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    836,022
    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
    11,447
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    824,575
    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 7 875,631
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 797,604
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 836,022
    a Applied to 2009, but not more than line 2a 797,604
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2010 distributable amount..... 38,418
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2010. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		837,213
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010....  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    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
    DANE COUNTY HUMANE SOCIETY
    5132 VOGES RD
    MADISON,WI53718     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    GILDA'S CLUB MADISON WISCONSIN INC
    7907 UW HEALTH COURT
    MIDDLETON,WI53562     		NONE PUBLIC CHARITY PROGRAM SUPPORT 10,000
    HOSPICECARE FOUNDATION
    5395 E CHERYL PKWY
    MADISON,WI53711     		NONE PUBLIC CHARITY PROGRAM SUPPORT 25,000
    MILTON HIGH SCHOOL SCHOLARSHIP FUND
    430 E HIGHT ST
    MILTON,WI53563     		NONE PUBLIC CHARITY PROGRAM SUPPORT 30,000
    NATIONAL PHILANTROPIC TRUST
    165 TOWNSHIP LINE ROAD SUITE 150
    JENKINTOWN,PA19046     		NONE PUBLIC CHARITY PROGRAM SUPPORT 578,604
    THE GATHERING PLACE OF MILTON INC
    715 CAMPUS DR
    MILTON,WI53563     		NONE PUBLIC CHARITY PROGRAM SUPPORT 105,000
    UNIVERSITY OF WISCONSIN- ROCK COUNTY
    2909 KELLOGG AVE
    JANESVILLE,WI53546     		NONE PUBLIC CHARITY PROGRAM SUPPORT 36,000
    WISCONSIN STATE TELECOMMUNICATIONS FOUNDATION
    121 E WILSON ST STE 102
    MADISON,WI53703     		NONE PUBLIC CHARITY PROGRAM SUPPORT 10,000
    Total .................................bullet 3a 797,604
    bApproved for future payment
    Total ..................................bullet 3b 0
    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     14 286  
    4 Dividends and interest from securities....     14 366,995  
    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     18 799,725  
    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).. 0 1,167,006 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    131,167,006
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2010)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 AccountingFeesSchedule
    Name:
    ALLEN FOUNDATION 9572070611 R70781001
    EIN: 39-1708035
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE 1,305 0   1,305

    TY 2010 AllOthProgRltdInvestmentsSch
    Name:
    ALLEN FOUNDATION 9572070611 R70781001
    EIN: 39-1708035
    Category Amount
    N/A 0

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    ALLEN FOUNDATION 9572070611 R70781001
    EIN: 39-1708035
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VANGUARD FI SECS F INTR TRM CP PT FUND 71 - 36074.7 SHS 312,394 365,076
    PAYDEN HIGH INCOME FUND - 70635.06 SHS 496,460 515,636
    EATON VANCE MUT FDS TR FLT RT CL I - 107677.42 SHS 862,292 970,174
    JPM HIGH YIELD FD - SEL FUND 3580 8.26% - 53460.64 SHS 432,280 438,377
    JPM SHORT DURATION BOND FD - SEL FUND 3133 1.12% - 262718.51 SHS 2,825,078 2,895,158
    DREYFUS/LAUREL FDS TR PRM EMRGN MK I - 12664.92 SHS 177,828 193,140
    JPM STR INC OPP FD FUND 3844 2.64% - 36517.31 SHS 366,269 432,000
    JPM INTL CURRENCY INCOME FD 1.14% - 31549.82 SHS 342,000 371,341
    JPM TR I INFL MANAGED BD - SEL 2.19% - 48542.64 SHS 517,950 519,892
    JPMORGAN TR I FLOAT RATE INC 4.82% - 51113.36 SHS 505,000 504,489

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    ALLEN FOUNDATION 9572070611 R70781001
    EIN: 39-1708035
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES - 370 SHS 15,617 15,396
    ADOBE SYSTEMS INC - 300 SHS 10,455 8,313
    AMAZON COM INC - 170 SHS 22,779 37,828
    AMERICAN EXPRESS CO - 200 SHS 8,456 10,008
    APACHE CORP - 130 SHS 8,493 16,084
    APPLE INC. - 205 SHS 32,572 80,048
    BB & T CORP - 300 SHS 5,537 7,704
    BAKER HUGHES INC - 185 SHS 9,345 14,315
    BECTON DICKINSON & CO - 90 SHS 7,558 7,525
    CVS CAREMARK CORPORATION - 545 SHS 15,904 19,811
    CAMPBELL SOUP COMPANY - 375 SHS 13,395 12,394
    CARDINAL HEALTH INC - 425 SHS 12,822 18,598
    CELGENE CORPORATION - 275 SHS 13,214 16,308
    CISCO SYSTEMS INC - 870 SHS 15,909 17,487
    COLGATE PALMOLIVE CO - 204 SHS 16,503 17,214
    WALT DISNEY CO - 600 SHS 12,517 23,172
    E I DU PONT DE NEMOURS & CO - 800 SHS 30,849 41,136
    E M C CORP MASS - 500 SHS 10,227 13,040
    EMERSON ELECTRIC CO - 210 SHS 14,718 13,402
    FIFTH THIRD BANCORP - 500 SHS 7,325 6,325
    FREEPORT-MCMORAN COPPER & GOLD INC CL B - 545 SHS 9,795 28,863
    GENERAL MILLS INC - 380 SHS 10,931 14,193
    HUMANA INC - 170 SHS 12,498 12,679
    NIKE INC B - 175 SHS 10,481 15,776
    NORFOLK SOUTHERN CORP - 655 SHS 30,240 49,584
    NOVELLUS SYSTEMS INC - 125 SHS 4,277 3,880
    OCCIDENTAL PETROLEUM CORP - 325 SHS 19,255 31,909
    ORACLE CORP - 900 SHS 20,573 27,522
    PACCAR INC - 475 SHS 12,583 20,335
    PEPSICO INC - 320 SHS 18,553 20,493
    PFIZER INC - 1900 SHS 24,208 33,031
    PROCTER & GAMBLE CO - 515 SHS 30,922 31,667
    QUALCOMM INC - 415 SHS 15,159 22,734
    T ROWE PRICE INTERNATIONAL FUNDS INC NEW ASIA FUND - 37181.35 SHS 457,005 744,371
    SPDR S&P 500 ETF TRUST - 2115 SHS 273,066 273,533
    ST JUDE MEDICAL INC - 170 SHS 8,417 7,905
    SCHLUMBERGER LTD - 460 SHS 38,417 41,570
    SPRINT NEXTEL CORP - 2200 SHS 9,358 9,306
    STAPLES INC - 500 SHS 7,710 8,030
    JOHNSON & JOHNSON - 415 SHS 26,097 26,888
    JOHNSON CONTROLS INC - 870 SHS 18,407 32,147
    KELLOGG CO - 100 SHS 4,881 5,578
    LAM RESEARCH CORP - 186 SHS 9,627 7,604
    LENNAR CORP - 300 SHS 5,112 5,307
    LOWES COMPANIES INC - 525 SHS 12,424 11,330
    MICROSOFT CORP - 2080 SHS 42,768 56,992
    MORGAN STANLEY - 300 SHS 5,946 6,675
    TARGET CORP - 200 SHS 9,460 10,298
    UNITEDHEALTH GROUP INC - 225 SHS 8,522 11,167
    ISHARES S&P MIDCAP 400 INDEX FUND - 2320 SHS 184,457 218,428
    VERIZON COMMUNICATIONS INC - 795 SHS 24,375 28,056
    COACH INC - 200 SHS 7,697 12,912
    STATE STREET CORP - 225 SHS 10,174 9,331
    UNITED TECHNOLOGIES CORP - 430 SHS 25,971 35,621
    WILLIAMS COMPANIES INC - 500 SHS 15,191 15,850
    XILINX CORP - 525 SHS 12,284 13,803
    COGNIZANT TECHNOLOGY SOLUTIONS CORP CL A - 200 SHS 10,091 13,974
    SEMPRA ENERGY - 125 SHS 6,442 6,336
    WELLS FARGO & CO - 1290 SHS 30,573 36,043
    BANK OF AMERICA CORP - 1635 SHS 28,773 15,876
    CONSTELLATION ENERGY GROUP INC - 175 SHS 5,775 6,795
    GOLDMAN SACHS GROUP INC - 185 SHS 20,201 24,969
    DEVON ENERGY CORP - 90 SHS 5,908 7,083
    EOG RESOURCES INC - 125 SHS 9,280 12,750
    HONEYWELL INTERNATIONAL INC - 400 SHS 15,118 19,010
    FLUOR CORP - 175 SHS 12,106 11,118
    AETNA INC - 350 SHS 9,163 14,522
    GLOBAL PAYMENTS INC - 150 SHS 7,251 7,112
    ISHARES COHEN & STEERS REALTY MAJORS INDEX FUND - 5585 SHS 384,942 412,452
    US BANCORP DEL - 500 SHS 12,093 13,030
    ISHARES RUSSELL MIDCAP INDEX FUND - 3830 SHS 343,049 402,725
    3M CO - 200 SHS 17,714 17,428
    YUM BRANDS INC - 500 SHS 15,703 26,410
    ARTISAN INTL VALUE FUND - INV - 8055.56 SHS 188,500 221,608
    CENTERPOINT ENERGY INC - 870 SHS 14,853 17,035
    COMCAST CORP CL A - 400 SHS 6,793 9,608
    CARNIVAL CORPORATION - 375 SHS 14,203 12,488
    JPM INTREPID AMERICA FD - SEL FUND 1206 - 8650.81 SHS 204,905 207,446
    JPM MID CAP 3 FD - SEL FUND 689 - 9634.32 SHS 215,581 289,511
    VANGUARD MSCI EMERGING MARKETS ETF - 3863 SHS 180,878 186,660
    AT&T INC - 661 SHS 17,695 19,341
    CBS CORP CLASS B W/I - 573 SHS 16,189 15,683
    CAMERON INTERNATIONAL CORPORATION - 195 SHS 10,668 10,908
    POWERSHARES DB COMMODITY INDEX TRACKING FUND - 14500 SHS 329,848 439,060
    CME GROUP INC CLASS A COMMON STOCK - 35 SHS 9,587 10,122
    EATON VANCE MUT FDS TR GLOBAL MACRO - I - 50614.53 SHS 522,520 514,244
    INVESCO LTD - 300 SHS 5,797 6,654
    GATEWAY FUND - Y - 19253.19 SHS 507,185 506,551
    SPDR GOLD TRUST - 3175 SHS 315,198 502,571
    ACE LTD NEW - 230 SHS 12,273 15,405
    ARTIO INTERNATIONAL 3 II - I - 43350.72 SHS 545,352 541,884
    TYCO INTERNATIONAL LTD - 400 SHS 15,615 17,716
    TIME WARNER INC NEW - 1375 SHS 35,421 48,345
    MERCK AND CO INC - 1150 SHS 37,956 39,250
    JPM RESEARCH MARKET NEUTRAL FD - SEL - 12038.26 SHS 186,997 183,704
    TRANSAMERICA FDS WMC EMRGMKTS12 - 43006.69 SHS 539,745 574,569
    MS SPX CONT BUFF EQ NOTE 10/03/11 - 170000 SHS 167,875 190,443
    NEXTERA ENERGY INC - 200 SHS 9,997 11,050
    GS BREN MID 11/23/11 10%BUFFER - 180000 SHS 178,200 198,077
    DB BREN MID 12/1/11 10% - 150000 SHS 148,500 162,315
    TE CONNECTIVITY LTD - 150 SHS 5,165 5,165
    COLUMBIA FDS SER TR II MASS ASIA PC JP R5 - 13916.1 SHS 150,016 200,948
    COVIDIEN PLC NEW - 310 SHS 12,768 15,745
    SG CONT BUFF EQ SPX 04/18/12 80% CONTIN BARRIER - 185000 SHS 183,150 178,969
    CITIGROUP INC NEW - 680 SHS 28,425 26,071
    BNP BREN ASIA BASKET 11/16/12 10%BUFFER - 200000 SHS 197,500 194,044
    HSBC BREN EAFE 05/31/12 10%BUFFER - 185000 SHS 183,150 177,989
    BARC CONT BUFF EQ SPX 06/13/12 80% CONTIN BARRIER - 185000 SHS 183,150 180,320
    BNP BREN ASIA BASKET 06/27/12 10%BUFFER - 185000 SHS 183,150 185,960
    BARC BREN EAFE 06/27/12 10%BUFFER - 185000 SHS 183,150 183,243
    HSBC CONT BUFF EQ SPX 07/11/12 80% CONTIN BARRIER - 185000 SHS 183,150 186,351
    HOLLYFRONTIER CORPORATION - 90 SHS 6,442 6,785
    BARC BREN EAFE 08/01/12 10%BUFFER - 185000 SHS 183,150 184,464
    GS CONT BUFF EQ SPX 08/08/12 80% CONTIN BARRIER - 175000 SHS 173,250 175,000
    BROADCOM CORP CL A - 375 SHS 13,628 13,901
    JUNIPER NETWORKS INC - 670 SHS 15,689 15,671
    EXXON MOBIL CORP - 520 SHS 24,591 41,491
    METLIFE INC - 500 SHS 19,886 20,605
    DENDREON CORP - 250 SHS 8,877 9,225
    MONSANTO CO - 0 SHS 7,417 7,348
    PRUDENTIAL FINANCIAL INC - 300 SHS 11,831 17,604
    CONOCOPHILLIPS - 400 SHS 19,343 28,796
    BIOGEN IDEC INC - 200 SHS 10,863 20,374
    VERIFONE SYSTEMS, INC. - 125 SHS 6,550 4,921
    BAIDU INC SPONS ADR - 90 SHS 8,296 14,136
    TD AMERITRADE HOLDING CORPORATION - 300 SHS 4,090 5,508
    MASTERCARD INC - CLASS A - 40 SHS 7,245 12,130
    GENERAL MOTORS CO - 515 SHS 17,540 14,255
    DB 95% PPN FX BASKET 2/1/13 - 140000 SHS 138,250 140,000

    TY 2010 OtherExpensesSchedule
    Name:
    ALLEN FOUNDATION 9572070611 R70781001
    EIN: 39-1708035
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DIRECTORS AND OFFICERS INSURANCE 6,440 0   6,440
    POWERSHARES DB K-1 0 1,599   0
    ADR DEPOSITARY SERVICE FEE 2 2   0


    TY 2010 OtherIncreasesSchedule
    Name:
    ALLEN FOUNDATION 9572070611 R70781001
    EIN: 39-1708035
    Description Amount
    RETURN OF CAPITAL ADJUSTMENT 5,951
    ROUNDING ADJUSTMENT 1


    TY 2010 TaxesSchedule
    Name:
    ALLEN FOUNDATION 9572070611 R70781001
    EIN: 39-1708035
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ESTIMATE EXCISE TAX - CURRENT YEAR 8,040 0   0
    FEDERAL EXCISE TAX PRIOR YEAR 2 0   0
    FOREIGN TAXES WITHHELD 2,346 2,346   0