TY 2010 Form 990PF

- TIN:

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

Check all that apply:Initial returnInitial return of a former public charityFinal return

Amended returnAddress changeName change

Name of foundation
Grant and Lara Gund Foundation

Number and street (or P.O. box number if mail is not delivered to street address)14 Nassau Street Room/suite

City or town, state, and ZIP code
Princeton, NJ08542

A Employer identification number

55-0805387

B Telephone number (see page 10 of the instructions)

(609) 921-3633

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation 2. Foreign organizations meeting the 85% test,
check here and attach computation bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$1,472,508J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here bullet

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	367,421
2	Check
3	Interest on savings and temporary cash investments	132		132
4	Dividends and interest from securities......	24,460		24,460
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		5,728
b	Gross sales price for all assets on line 6a 507,360
7	Capital gain net income (from Part IV, line 2)...			5,728
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........	397,741		30,320
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		11,000	11,000	0
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		716	716	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		7,101	7,101	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	18,817		18,817	0
25	Contributions, gifts, grants paid........	74,000			74,000
26	Total expenses and disbursements. Add lines 24 and 25	92,817		18,817	74,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	304,924
b	Net investment income (if negative, enter -0-)			11,503
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	177,111	382,367	382,367
	2	Savings and temporary cash investments..........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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)........	878,600	978,267	1,090,141
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,055,711	1,360,634	1,472,508
	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 )
	23	Total liabilities (add lines 17 through 22)..........	0	0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................	1,055,711	1,360,634
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	1,055,711	1,360,634
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	1,055,711	1,360,634

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	1,055,711
2	Enter amount from Part I, line 27a......................	2	304,924
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	1,360,635
5	Decreases not included in line 2 (itemize)	5	1
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30..	6	1,360,634

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	SPRINT NEXTEL CORP		2006-02-08	2010-01-06
b	SPRINT NEXTEL CORP		2007-09-19	2010-01-06
c	SPRINT NEXTEL CORP		2008-01-14	2010-01-06
d	SPRINT NEXTEL CORP		2008-04-11	2010-01-06
e	SPRINT NEXTEL CORP		2008-09-15	2010-01-06
	SPRINT NEXTEL CORP		2008-09-15	2010-01-06
	***ACE LTD		2009-04-17	2010-01-07
	CELGENE CORP		2008-03-13	2010-01-13
	HOME DEPOT INC		2009-01-23	2010-01-14
	VISA INC - CLASS A SHRS		2009-05-06	2010-01-15
	US BANCORP		2009-05-13	2010-01-19
	NEWS CORP		2009-01-14	2010-01-22
	NEWS CORP		2009-01-30	2010-01-22
	NEWS CORP		2009-01-30	2010-01-22
	WESTERN DIGITAL CORP		2008-05-30	2010-01-22
	WESTERN DIGITAL CORP		2008-08-25	2010-01-22
	OCCIDENTAL PETROLEUM CORP		2009-01-28	2010-01-25
	OCCIDENTAL PETROLEUM CORP		2009-06-25	2010-01-25
	OCCIDENTAL PETROLEUM CORP		2009-06-29	2010-01-25
	CME GROUP INC		2008-01-14	2010-01-26
	CME GROUP INC		2008-03-05	2010-01-26
	LOWE'S COS INC		2009-01-23	2010-01-26
	LOWE'S COS INC		2009-04-23	2010-01-26
	MERCK & CO. INC.		2008-08-07	2010-01-26
	MERCK & CO. INC.		2008-11-24	2010-01-26
	TIME WARNER INC		2008-11-10	2010-01-27
	TIME WARNER INC		2008-12-08	2010-01-27
	TIME WARNER INC		2008-12-08	2010-01-27
	TIME WARNER INC		2009-01-23	2010-01-27
	WAL-MART STORES INC		2008-10-16	2010-01-28
	WAL-MART STORES INC		2009-01-23	2010-01-28
	***BUNGE LTD		2009-01-23	2010-01-29
	FEDEX CORP		2009-08-04	2010-01-29
	OCCIDENTAL PETROLEUM CORP		2009-06-29	2010-01-29
	OCCIDENTAL PETROLEUM CORP		2009-08-18	2010-01-29
	UNITED PARCEL SERVICE-CL B		2009-09-17	2010-01-29
	***INGERSOLL-RAND PLC		2009-06-09	2010-02-01
	***INGERSOLL-RAND PLC		2009-10-22	2010-02-01
	LOWE'S COS INC		2009-05-27	2010-02-01
	NATIONAL - OILWELL INC		2009-05-27	2010-02-02
	NATIONAL - OILWELL INC		2009-06-09	2010-02-02
	TARGET CORP		2009-04-20	2010-02-02
	FEDEX CORP		2009-08-04	2010-02-04
	OCCIDENTAL PETROLEUM CORP		2009-08-18	2010-02-04
	***VODAFONE GROUP PLC-SP ADR		2009-04-24	2010-02-04
	BANK OF NEW YORK MELLON CORP		2009-04-20	2010-02-05
	***INGERSOLL-RAND PLC		2009-10-22	2010-02-05
	QUALCOMM INC		2008-09-10	2010-02-05
	QUALCOMM INC		2008-10-16	2010-02-05
	***VODAFONE GROUP PLC-SP ADR		2009-04-28	2010-02-05
	SYMANTEC CORP		2008-12-04	2010-02-09
	AIR PRODUCTS & CHEMICALS INC		2007-09-11	2010-02-11
	AIR PRODUCTS & CHEMICALS INC		2007-11-15	2010-02-11
	METLIFE INC		2009-02-18	2010-02-11
	TIME WARNER INC		2009-01-23	2010-02-11
	QUALCOMM INC		2008-10-16	2010-02-12
	QUALCOMM INC		2008-11-18	2010-02-12
	***TYCO ELECTRONICS LTD		2009-04-20	2010-02-12
	***TYCO ELECTRONICS LTD		2009-04-20	2010-02-12
	DU PONT (E.I.) DE NEMOURS		2009-05-28	2010-02-16
	NORTHROP GRUMMAN CORP		2009-03-25	2010-02-18
	NORTHROP GRUMMAN CORP		2009-08-20	2010-02-18
	AMERIPRISE FINANCIAL INC		2009-11-03	2010-02-19
	AT&T INC		2008-01-14	2010-02-19
	AT&T INC		2009-04-20	2010-02-19
	AIR PRODUCTS & CHEMICALS INC		2007-11-15	2010-02-19
	SCHLUMBERGER LTD		2007-09-11	2010-02-19
	WESTERN DIGITAL CORP		2008-08-25	2010-02-19
	SYMANTEC CORP		2008-12-04	2010-02-22
	SYMANTEC CORP		2009-02-24	2010-02-22
	SYMANTEC CORP		2009-03-19	2010-02-22
	WESTERN DIGITAL CORP		2008-08-25	2010-02-22
	WESTERN DIGITAL CORP		2008-08-29	2010-02-22
	QUALCOMM INC		2008-11-18	2010-02-24
	QUALCOMM INC		2009-01-23	2010-02-24
	J.C. PENNEY CO INC		2008-11-19	2010-02-26
	AIR PRODUCTS & CHEMICALS INC		2009-10-21	2010-03-01
	AIR PRODUCTS & CHEMICALS INC		2009-11-20	2010-03-01
	***ALCON INC		2009-02-18	2010-03-04
	AT&T INC		2009-04-20	2010-03-04
	AT&T INC		2009-06-15	2010-03-04
	AIR PRODUCTS & CHEMICALS INC		2009-11-20	2010-03-04
	AK STEEL HOLDING CORP		2009-08-20	2010-03-04
	APPLE INC		2008-03-17	2010-03-04
	ARCHER-DANIELS-MIDLAND CO		2009-02-02	2010-03-04
	BB&T CORP		2009-10-12	2010-03-04
	***BUNGE LTD		2009-01-23	2010-03-04
	***BUNGE LTD		2009-11-19	2010-03-04
	BANK OF AMERICA CORP		2009-12-07	2010-03-04
	BAXTER INTERNATIONAL INC		2009-12-22	2010-03-04
	BAXTER INTERNATIONAL INC		2009-12-22	2010-03-04
	COSTCO WHOLESALE CORP		2008-12-18	2010-03-04
	CIMAREX ENERGY CO		2009-07-28	2010-03-04
	CAMERON INTERNATIONAL CORP		2009-01-30	2010-03-04
	CME GROUP INC		2008-03-05	2010-03-04
	***COVIDIEN PLC		2010-01-14	2010-03-04
	CONOCOPHILLIPS		2007-09-11	2010-03-04
	CISCO SYSTEMS INC		2008-01-14	2010-03-04
	DEVON ENERGY CORPORATION		2009-01-26	2010-03-04
	DEVON ENERGY CORPORATION		2009-01-28	2010-03-04
	DEVON ENERGY CORPORATION		2009-02-12	2010-03-04
	DELL INC		2009-07-15	2010-03-04
	DANAHER CORP		2009-03-06	2010-03-04
	DU PONT (E.I.) DE NEMOURS		2009-06-19	2010-03-04
	***ENSCO PLC- SPON ADR		2009-05-18	2010-03-04
	FORD MOTOR CO		2009-11-06	2010-03-04
	FREEPORT-MCMORAN COPPER		2009-06-09	2010-03-04
	FREEPORT-MCMORAN COPPER		2010-02-16	2010-03-04
	FRANKLIN RESOURCES INC		2007-09-11	2010-03-04
	GOLDMAN SACHS GROUP INC		2008-09-10	2010-03-04
	GOLDMAN SACHS GROUP INC		2008-09-10	2010-03-04
	GOLDMAN SACHS GROUP INC		2008-12-22	2010-03-04
	GOOGLE INC-CL A		2007-09-11	2010-03-04
	GENERAL ELECTRIC CO		2009-10-19	2010-03-04
	GENERAL MILLS INC		2009-03-31	2010-03-04
	GILEAD SCIENCES INC		2007-02-27	2010-03-04
	GILEAD SCIENCES INC		2007-09-11	2010-03-04
	HUNTSMAN CORP		2009-12-16	2010-03-04
	***INGERSOLL-RAND PLC		2009-06-09	2010-03-04
	***INGERSOLL-RAND PLC		2009-06-09	2010-03-04
	HEWLETT-PACKARD CO		2008-06-04	2010-03-04
	HEWLETT-PACKARD CO		2008-06-11	2010-03-04
	ILLINOIS TOOL WORKS		2009-05-29	2010-03-04
	INTEL CORP		2009-05-07	2010-03-04
	INTEL CORP		2009-06-09	2010-03-04
	JPMORGAN CHASE & CO		2009-01-23	2010-03-04
	JPMORGAN CHASE & CO		2009-04-03	2010-03-04
	JPMORGAN CHASE & CO		2009-04-03	2010-03-04
	JPMORGAN CHASE & CO		2009-04-03	2010-03-04
	JPMORGAN CHASE & CO		2009-04-03	2010-03-04
	KOHLS CORP		2009-01-23	2010-03-04
	LOWE'S COS INC		2009-07-09	2010-03-04
	MORGAN STANLEY		2007-09-21	2010-03-04
	MORGAN STANLEY		2007-10-01	2010-03-04
	MEDCO HEALTH SOLUTIONS INC		2008-04-24	2010-03-04
	MEDCO HEALTH SOLUTIONS INC		2009-01-23	2010-03-04
	MERCK & CO. INC.		2008-11-24	2010-03-04
	MERCK & CO. INC.		2009-01-27	2010-03-04
	MOTOROLA INC		2008-12-04	2010-03-04
	***NEXEN INC		2009-05-21	2010-03-04
	NEWS CORP		2009-01-30	2010-03-04
	***NOKIA CORP-SPON ADR		2008-11-24	2010-03-04
	***NOKIA CORP-SPON ADR		2009-01-23	2010-03-04
	NVR INC		2009-07-08	2010-03-04
	NORTHROP GRUMMAN CORP		2009-08-20	2010-03-04
	QUANTA SERVICES INC		2009-08-25	2010-03-04
	OCCIDENTAL PETROLEUM CORP		2009-08-18	2010-03-04
	PEPSICO INC		2008-09-04	2010-03-04
	PFIZER INC		2006-11-30	2010-03-04
	PFIZER INC		2007-05-03	2010-03-04
	QUALCOMM INC		2009-01-23	2010-03-04
	RRI ENERGY INC		2008-08-26	2010-03-04
	RRI ENERGY INC		2009-05-18	2010-03-04
	SPX CORP		2009-06-25	2010-03-04
	SCHLUMBERGER LTD		2007-09-11	2010-03-04
	SUPERVALU INC		2009-10-20	2010-03-04
	TARGET CORP		2009-04-20	2010-03-04
	TARGET CORP		2009-04-29	2010-03-04
	TIME WARNER INC		2009-01-23	2010-03-04
	***TYCO ELECTRONICS LTD		2009-04-20	2010-03-04
	TIME WARNER CABLE		2009-01-23	2010-03-04
	TIME WARNER CABLE		2009-01-23	2010-03-04
	***TEVA PHARMACEUTICAL-SP ADR		2008-04-18	2010-03-04
	TEXTRON INC		2009-07-21	2010-03-04
	***TOTAL SA-SPON ADR		2008-01-14	2010-03-04
	US BANCORP		2009-05-13	2010-03-04
	VALERO ENERGY CORP		2009-08-11	2010-03-04
	VISA INC - CLASS A SHRS		2009-05-06	2010-03-04
	***VALE SA-SP ADR		2009-12-31	2010-03-04
	***VODAFONE GROUP PLC-SP ADR		2009-04-28	2010-03-04
	WELLS FARGO & COMPANY		2009-05-08	2010-03-04
	WAL-MART STORES INC		2009-01-23	2010-03-04
	BERNSTEIN INTERMEDIATE		2009-09-21	2010-03-04
	BERNSTEIN EMERGING MARKETS		2008-01-11	2010-03-04
	BERNSTEIN EMERGING MARKETS		2008-11-07	2010-03-04
	BERNSTEIN INTERNATIONAL		2007-09-11	2010-03-04
	APPLE INC		2008-06-03	2010-03-12
	JPMORGAN CHASE & CO		2009-04-03	2010-03-12
	JPMORGAN CHASE & CO		2009-05-27	2010-03-12
	LOWE'S COS INC		2009-07-09	2010-03-12
	MORGAN STANLEY		2007-10-01	2010-03-12
	MORGAN STANLEY		2008-02-14	2010-03-12
	XL CAPITAL LTD -CLASS A		2008-08-15	2010-03-12
	XL CAPITAL LTD -CLASS A		2008-10-02	2010-03-12
	***ANHEUSER-BUSH INBEV SPN ADR		2009-11-12	2010-03-16
	DEVON ENERGY CORPORATION		2009-02-12	2010-03-16
	DEVON ENERGY CORPORATION		2009-03-20	2010-03-16
	JPMORGAN CHASE & CO		2009-05-27	2010-03-17
	STEEL DYNAMICS INC		2009-11-18	2010-03-17
	SYMANTEC CORP		2009-03-19	2010-03-17
	TRAVELERS COS INC/THE		2008-01-14	2010-03-17
	XL CAPITAL LTD -CLASS A		2008-10-02	2010-03-17
	XL CAPITAL LTD -CLASS A		2009-05-21	2010-03-17
	XL CAPITAL LTD -CLASS A		2009-05-21	2010-03-18
	GOLDMAN SACHS GROUP INC		2009-01-23	2010-03-19
	PFIZER INC		2007-05-14	2010-03-19
	SPX CORP		2009-06-25	2010-03-19
	SPX CORP		2009-12-17	2010-03-19
	CBS CORP-CLASS B NON VOTING		2008-01-14	2010-03-22
	CBS CORP-CLASS B NON VOTING		2009-01-23	2010-03-22
	VALERO ENERGY CORP		2009-08-11	2010-03-23
	J.C. PENNEY CO INC		2008-11-19	2010-03-24
	SPRINT NEXTEL CORP		2008-09-15	2010-03-24
	SPRINT NEXTEL CORP		2009-07-31	2010-03-24
	SPRINT NEXTEL CORP		2009-07-31	2010-03-24
	SPRINT NEXTEL CORP		2009-07-31	2010-03-24
	QUALCOMM INC		2009-01-23	2010-03-26
	QUALCOMM INC		2009-04-01	2010-03-26
	VALERO ENERGY CORP		2009-08-11	2010-03-26
	VALERO ENERGY CORP		2009-08-21	2010-03-26
	***TEVA PHARMACEUTICAL-SP ADR		2008-04-18	2010-03-29
	SUPERVALU INC		2009-10-20	2010-03-30
	CONOCOPHILLIPS		2007-09-11	2010-04-01
	CONOCOPHILLIPS		2008-01-14	2010-04-01
	CONOCOPHILLIPS		2008-01-28	2010-04-01
	CONOCOPHILLIPS		2009-10-02	2010-04-01
	FREEPORT-MCMORAN COPPER		2009-08-05	2010-04-01
	APPLE INC		2008-06-03	2010-04-05
	AIR PRODUCTS & CHEMICALS INC		2009-11-20	2010-04-08
	***ANHEUSER-BUSH INBEV SPN ADR		2009-11-12	2010-04-09
	FREEPORT-MCMORAN COPPER		2009-08-05	2010-04-09
	DU PONT (E.I.) DE NEMOURS		2009-06-19	2010-04-12
	DU PONT (E.I.) DE NEMOURS		2009-06-24	2010-04-12
	J.C. PENNEY CO INC		2008-11-19	2010-04-12
	J.C. PENNEY CO INC		2009-12-17	2010-04-12
	SPX CORP		2009-12-17	2010-04-12
	SPRINT NEXTEL CORP		2009-07-31	2010-04-13
	SPRINT NEXTEL CORP		2009-07-31	2010-04-13
	GOOGLE INC-CL A		2007-09-11	2010-04-15
	AETNA INC		2009-10-06	2010-04-16
	AETNA INC		2009-10-12	2010-04-16
	***DEUTSCHE BANK AG-REGISTERED		2009-02-18	2010-04-16
	***DEUTSCHE BANK AG-REGISTERED		2009-05-11	2010-04-16
	GOLDMAN SACHS GROUP INC		2008-12-22	2010-04-16
	GOLDMAN SACHS GROUP INC		2009-01-23	2010-04-16
	GOLDMAN SACHS GROUP INC		2009-01-23	2010-04-16
	GOLDMAN SACHS GROUP INC		2009-01-23	2010-04-16
	GOLDMAN SACHS GROUP INC		2009-01-30	2010-04-16
	MERCK & CO. INC.		2009-01-27	2010-04-16
	MERCK & CO. INC.		2009-01-27	2010-04-16
	MERCK & CO. INC.		2009-03-20	2010-04-16
	SPRINT NEXTEL CORP		2009-07-31	2010-04-16
	SPRINT NEXTEL CORP		2009-08-10	2010-04-16
	OVERLAY A PORTFOLIO		2010-03-04	2010-04-19
	***ALCON INC		2009-07-27	2010-04-21
	***CREDIT SUISSE GROUP-SPON AD		2009-05-11	2010-04-21
	***CREDIT SUISSE GROUP-SPON AD		2009-09-04	2010-04-21
	GOLDMAN SACHS GROUP INC		2009-01-30	2010-04-21
	AMERIPRISE FINANCIAL INC		2009-11-03	2010-04-22
	BANK OF AMERICA CORP		2009-12-07	2010-04-22
	BANK OF AMERICA CORP		2009-12-29	2010-04-22
	DELL INC		2009-07-15	2010-04-22
	APPLE INC		2008-06-17	2010-04-23
	DELL INC		2009-07-15	2010-04-26
	DELL INC		2009-08-17	2010-04-26
	QUALCOMM INC		2009-04-01	2010-04-27
	JPMORGAN CHASE & CO		2009-04-03	2010-04-28
	BANK OF AMERICA CORP		2010-02-12	2010-04-29
	BANK OF AMERICA CORP		2010-04-05	2010-04-29
	DU PONT (E.I.) DE NEMOURS		2009-06-24	2010-04-29
	GOLDMAN SACHS GROUP INC		2009-01-30	2010-04-30
	GOLDMAN SACHS GROUP INC		2009-05-11	2010-04-30
	GOLDMAN SACHS GROUP INC		2009-10-26	2010-04-30
	***NEXEN INC		2009-05-22	2010-04-30
	PULTE GROUP INC		2009-08-06	2010-04-30
	BAXTER INTERNATIONAL INC		2009-12-22	2010-05-03
	BAXTER INTERNATIONAL INC		2010-01-26	2010-05-03
	MEDCO HEALTH SOLUTIONS INC		2009-01-23	2010-05-03
	MERCK & CO. INC.		2009-03-20	2010-05-03
	INTEL CORP		2009-06-09	2010-05-05
	JPMORGAN CHASE & CO		2009-05-27	2010-05-05
	JPMORGAN CHASE & CO		2009-06-03	2010-05-05
	BAXTER INTERNATIONAL INC		2010-01-27	2010-05-07
	JPMORGAN CHASE & CO		2009-04-03	2010-05-07
	JPMORGAN CHASE & CO		2009-04-03	2010-05-07
	PRINCIPAL FINANCIAL GROUP		2009-10-19	2010-05-10
	FREEPORT-MCMORAN COPPER		2010-02-16	2010-05-12
	FREEPORT-MCMORAN COPPER		2010-02-17	2010-05-12
	MOTOROLA INC		2008-12-04	2010-05-12
	AMERIPRISE FINANCIAL INC		2009-11-04	2010-05-13
	AK STEEL HOLDING CORP		2009-08-20	2010-05-13
	NEWS CORP		2009-01-30	2010-05-13
	***DEUTSCHE BANK AG-REGISTERED		2009-05-11	2010-05-14
	***NOBLE CORP		2010-02-19	2010-05-17
	***ROYAL CARIBBEAN CRUISES LTD		2010-01-12	2010-05-17
	INTEL CORP		2009-06-09	2010-05-18
	***NOKIA CORP-SPON ADR		2009-01-23	2010-05-19
	AMERIPRISE FINANCIAL INC		2009-11-04	2010-05-20
	ROWAN COMPANIES INC		2010-02-22	2010-05-20
	UNUM GROUP		2009-04-28	2010-05-20
	MACY'S INC		2007-03-07	2010-05-21
	MACY'S INC		2007-04-30	2010-05-21
	MACY'S INC		2007-05-10	2010-05-21
	MACY'S INC		2007-06-11	2010-05-21
	MACY'S INC		2007-09-11	2010-05-21
	***RESEARCH IN MOTION		2010-03-16	2010-05-21
	DEVON ENERGY CORPORATION		2009-07-14	2010-05-25
	***RESEARCH IN MOTION		2010-03-16	2010-05-26
	***RESEARCH IN MOTION		2010-04-05	2010-05-26
	FORTUNE BRANDS INC		2009-12-28	2010-05-28
	CIMAREX ENERGY CO		2009-07-28	2010-06-01
	INTEL CORP		2009-06-09	2010-06-08
	INTEL CORP		2009-07-17	2010-06-08
	BERNSTEIN INTERMEDIATE		2009-09-21	2010-06-08
	***ARCELORMITTAL-NY REGISTERED		2009-08-05	2010-06-09
	MERCK & CO. INC.		2009-03-20	2010-06-10
	MERCK & CO. INC.		2009-03-20	2010-06-10
	GENERAL ELECTRIC CO		2009-10-19	2010-06-11
	GENERAL ELECTRIC CO		2009-10-20	2010-06-11
	GENERAL ELECTRIC CO		2009-10-28	2010-06-11
	US BANCORP		2009-05-13	2010-06-11
	US BANCORP		2009-05-21	2010-06-11
	CIMAREX ENERGY CO		2009-07-28	2010-06-14
	MORGAN STANLEY		2008-02-14	2010-06-14
	NEWFIELD EXPLORATION CO		2010-02-23	2010-06-14
	STEEL DYNAMICS INC		2009-11-18	2010-06-14
	***TRANSOCEAN LTD		2010-03-10	2010-06-14
	DOVER CORP		2010-02-03	2010-06-15
	BB&T CORP		2009-10-12	2010-06-16
	CIMAREX ENERGY CO		2009-07-28	2010-06-16
	CIMAREX ENERGY CO		2009-11-17	2010-06-16
	ILLINOIS TOOL WORKS		2009-06-30	2010-06-17
	LIMITED BRANDS INC		2009-01-09	2010-06-21
	APPLE INC		2008-06-30	2010-06-23
	CONOCOPHILLIPS		2009-10-02	2010-06-23
	GENERAL ELECTRIC CO		2009-10-28	2010-06-23
	GENERAL ELECTRIC CO		2009-11-17	2010-06-23
	MACY'S INC		2007-09-11	2010-06-23
	MICROSOFT CORP		2009-10-28	2010-06-23
	NOBLE ENERGY INC		2010-01-26	2010-06-23
	EXXON MOBIL CORP		2010-05-13	2010-06-24
	EXXON MOBIL CORP		2010-05-14	2010-06-24
	EXXON MOBIL CORP		2010-05-20	2010-06-24
	CONOCOPHILLIPS		2009-10-02	2010-06-25
	FORD MOTOR CO		2009-11-06	2010-06-25
	FORD MOTOR CO		2009-11-17	2010-06-25
	GENERAL ELECTRIC CO		2009-11-17	2010-06-25
	GENERAL ELECTRIC CO		2009-12-17	2010-06-25
	EXXON MOBIL CORP		2010-05-20	2010-06-28
	SUPERVALU INC		2009-11-19	2010-06-30
	***INGERSOLL-RAND PLC		2009-06-09	2010-07-06
	***NOKIA CORP-SPON ADR		2009-01-23	2010-07-07
	***NOKIA CORP-SPON ADR		2009-02-23	2010-07-07
	INTEL CORP		2009-07-17	2010-07-08
	AOL INC		2008-11-10	2010-07-09
	AOL INC		2008-12-08	2010-07-09
	AOL INC		2009-01-23	2010-07-09
	AOL INC		2009-02-18	2010-07-09
	AOL INC		2009-06-30	2010-07-09
	AOL INC		2010-02-24	2010-07-09
	GOOGLE INC-CL A		2008-01-28	2010-07-09
	RELIANCE STEEL & ALUMINUM		2010-04-23	2010-07-09
	KLA-TENCOR CORPORATION		2009-09-14	2010-07-12
	KLA-TENCOR CORPORATION		2009-10-02	2010-07-12
	CAPITAL ONE FINANCIAL CORP		2010-05-21	2010-07-13
	DEVON ENERGY CORPORATION		2009-07-14	2010-07-13
	DEVON ENERGY CORPORATION		2009-08-27	2010-07-13
	HEWLETT-PACKARD CO		2008-10-09	2010-07-15
	INTEL CORP		2009-07-17	2010-07-15
	SCHLUMBERGER LTD		2007-09-11	2010-07-15
	SCHLUMBERGER LTD		2007-11-15	2010-07-15
	***ALCON INC		2009-07-27	2010-07-16
	CVS/CAREMARK CORP		2010-03-29	2010-07-16
	COSTCO WHOLESALE CORP		2009-01-23	2010-07-16
	PEPSICO INC		2008-10-30	2010-07-16
	OVERLAY A PORTFOLIO		2010-03-04	2010-07-16
	MICROSOFT CORP		2009-10-28	2010-07-20
	MICROSOFT CORP		2009-10-29	2010-07-20
	***TRANSOCEAN LTD		2010-03-10	2010-07-22
	***TRANSOCEAN LTD		2010-04-22	2010-07-22
	***TRANSOCEAN LTD		2010-04-28	2010-07-22
	CAMERON INTERNATIONAL CORP		2009-01-30	2010-07-26
	CAMERON INTERNATIONAL CORP		2009-03-31	2010-07-26
	HEWLETT-PACKARD CO		2008-10-09	2010-07-26
	SPRINT NEXTEL CORP		2009-08-10	2010-07-28
	SPRINT NEXTEL CORP		2009-11-06	2010-07-28
	MOTOROLA INC		2010-01-06	2010-07-29
	MOTOROLA INC		2010-01-07	2010-07-29
	MOTOROLA INC		2010-02-01	2010-07-29
	VALERO ENERGY CORP		2009-08-21	2010-07-30
	CAMERON INTERNATIONAL CORP		2009-03-31	2010-08-02
	FRANKLIN RESOURCES INC		2007-12-11	2010-08-02
	CIMAREX ENERGY CO		2009-11-17	2010-08-03
	FORTUNE BRANDS INC		2009-12-28	2010-08-03
	MERCK & CO. INC.		2009-03-20	2010-08-03
	MERCK & CO. INC.		2009-04-29	2010-08-03
	***COVIDIEN PLC		2010-01-14	2010-08-05
	CVS/CAREMARK CORP		2010-03-29	2010-08-06
	***ENSCO PLC- SPON ADR		2009-05-18	2010-08-09
	***XL GROUP PLC		2009-05-21	2010-08-11
	***ARCELORMITTAL-NY REGISTERED		2009-08-05	2010-08-12
	INTEL CORP		2009-07-17	2010-08-12
	MICROSOFT CORP		2009-10-29	2010-08-12
	TEXTRON INC		2010-05-25	2010-08-16
	PRINCIPAL FINANCIAL GROUP		2009-10-19	2010-08-17
	PRINCIPAL FINANCIAL GROUP		2010-04-05	2010-08-17
	ILLINOIS TOOL WORKS		2009-06-30	2010-08-18
	PROCTER & GAMBLE CO		2010-05-14	2010-08-19
	DANAHER CORP		2009-05-27	2010-08-23
	COSTCO WHOLESALE CORP		2009-01-23	2010-08-24
	GILEAD SCIENCES INC		2007-09-11	2010-08-24
	HEWLETT-PACKARD CO		2009-01-23	2010-08-24
	DEAN FOODS CO		2009-10-08	2010-08-26
	BANK OF AMERICA CORP		2009-12-07	2010-08-27
	BANK OF AMERICA CORP		2009-12-09	2010-08-27
	BANK OF AMERICA CORP		2009-12-29	2010-08-27
	BANK OF AMERICA CORP		2010-01-25	2010-08-27
	INTEL CORP		2009-07-17	2010-08-27
	TARGET CORP		2009-09-17	2010-08-30
	VISA INC - CLASS A SHRS		2010-05-03	2010-08-30
	GOLDMAN SACHS GROUP INC		2009-08-31	2010-08-31
	GOLDMAN SACHS GROUP INC		2009-09-15	2010-08-31
	***TYCO ELECTRONICS LTD		2009-04-20	2010-08-31
	***TYCO ELECTRONICS LTD		2009-05-29	2010-08-31
	COMMUNITY HEALTH SYSTEMS INC		2010-04-23	2010-09-01
	COMMUNITY HEALTH SYSTEMS INC		2010-05-25	2010-09-01
	GOLDMAN SACHS GROUP INC		2010-01-25	2010-09-02
	HEWLETT-PACKARD CO		2009-01-23	2010-09-02
	FEDEX CORP		2010-05-03	2010-09-03
	FEDEX CORP		2010-08-03	2010-09-03
	FRANKLIN RESOURCES INC		2007-12-11	2010-09-03
	FRANKLIN RESOURCES INC		2009-11-09	2010-09-03
	HEWLETT-PACKARD CO		2009-01-23	2010-09-03
	TARGET CORP		2009-09-17	2010-09-03
	GOOGLE INC-CL A		2008-01-28	2010-09-09
	HUNTSMAN CORP		2009-12-16	2010-09-13
	WELLS FARGO & COMPANY		2010-04-16	2010-09-13
	WELLS FARGO & COMPANY		2010-04-19	2010-09-13
	WELLS FARGO & COMPANY		2010-04-22	2010-09-13
	TARGET CORP		2009-09-17	2010-09-14
	COMCAST CORP-CL A		2010-02-03	2010-09-15
	HYATT HOTELS CORP - CL A		2010-06-04	2010-09-15
	HEWLETT-PACKARD CO		2009-01-23	2010-09-15
	HEWLETT-PACKARD CO		2009-01-23	2010-09-17
	WELLS FARGO & COMPANY		2010-04-22	2010-09-17
	MONSANTO CO		2010-08-06	2010-09-20
	OVERLAY A PORTFOLIO		2010-03-04	2010-09-21
	OVERLAY B PORTFOLIO		2010-03-04	2010-09-21
	BERNSTEIN INTERNATIONAL		2007-09-11	2010-09-21
	COSTCO WHOLESALE CORP		2009-01-23	2010-09-22
	GILEAD SCIENCES INC		2007-11-27	2010-09-22
	VISA INC - CLASS A SHRS		2010-05-03	2010-09-22
	VISA INC - CLASS A SHRS		2010-07-16	2010-09-22
	ILLINOIS TOOL WORKS		2009-06-30	2010-09-23
	COMCAST CORP-CL A		2010-02-03	2010-09-27
	PROCTER & GAMBLE CO		2010-05-14	2010-09-27
	PROCTER & GAMBLE CO		2010-05-21	2010-09-27
	PROCTER & GAMBLE CO		2010-06-15	2010-09-27
	SARA LEE CORP		2010-03-31	2010-09-29
	SARA LEE CORP		2010-05-07	2010-09-29
	INTEL CORP		2009-07-17	2010-09-30
	FRANKLIN RESOURCES INC		2009-11-09	2010-10-01
	TARGET CORP		2009-09-17	2010-10-01
	VISA INC - CLASS A SHRS		2010-07-16	2010-10-01
	GILEAD SCIENCES INC		2007-11-27	2010-10-04
	KLA-TENCOR CORPORATION		2009-10-02	2010-10-05
	TIME WARNER INC		2009-02-18	2010-10-05
	COSTCO WHOLESALE CORP		2009-02-23	2010-10-06
	HEWLETT-PACKARD CO		2009-01-23	2010-10-06
	EMC CORP/MASS		2009-08-10	2010-10-07
	FREEPORT-MCMORAN COPPER		2009-08-05	2010-10-07
	ROSS STORES INC		2010-03-03	2010-10-07
	ROSS STORES INC		2010-03-19	2010-10-07
	HEWLETT-PACKARD CO		2009-01-23	2010-10-08
	MOTOROLA INC		2010-02-01	2010-10-08
	MOTOROLA INC		2010-02-08	2010-10-08
	TARGET CORP		2009-09-17	2010-10-08
	TARGET CORP		2009-10-14	2010-10-08
	DOVER CORP		2010-02-22	2010-10-12
	FREEPORT-MCMORAN COPPER		2009-08-05	2010-10-14
	FREEPORT-MCMORAN COPPER		2010-02-17	2010-10-14
	JUNIPER NETWORKS INC		2010-08-24	2010-10-14
	OVERLAY A PORTFOLIO		2010-03-04	2010-10-14
	FORD MOTOR CO		2010-02-03	2010-10-15
	FREEPORT-MCMORAN COPPER		2009-08-05	2010-10-15
	FREEPORT-MCMORAN COPPER		2010-02-17	2010-10-15
	FREEPORT-MCMORAN COPPER		2010-02-22	2010-10-15
	FREEPORT-MCMORAN COPPER		2010-07-27	2010-10-15
	DOVER CORP		2010-02-22	2010-10-18
	DOVER CORP		2010-02-22	2010-10-19
	DOVER CORP		2010-02-25	2010-10-19
	BANK OF AMERICA CORP		2010-01-25	2010-10-20
	ILLINOIS TOOL WORKS		2009-08-31	2010-10-20
	PEPSICO INC		2008-10-30	2010-10-20
	PEPSICO INC		2009-01-23	2010-10-20
	COMCAST CORP-CL A		2010-04-29	2010-10-21
	***ALCON INC		2009-07-27	2010-10-22
	KLA-TENCOR CORPORATION		2009-10-02	2010-10-22
	PEPSICO INC		2009-01-23	2010-10-22
	FEDEX CORP		2010-08-03	2010-10-25
	COSTCO WHOLESALE CORP		2009-02-23	2010-10-27
	GOOGLE INC-CL A		2008-01-28	2010-10-28
	TARGET CORP		2009-10-14	2010-10-28
	TARGET CORP		2009-10-16	2010-10-28
	***TEVA PHARMACEUTICAL-SP ADR		2008-04-18	2010-10-28
	***TEVA PHARMACEUTICAL-SP ADR		2008-07-28	2010-10-28
	COMCAST CORP-CL A		2010-05-06	2010-10-29
	KLA-TENCOR CORPORATION		2009-10-02	2010-10-29
	KLA-TENCOR CORPORATION		2010-04-26	2010-10-29
	***COVIDIEN PLC		2010-01-21	2010-11-02
	FREEPORT-MCMORAN COPPER		2010-02-22	2010-11-03
	FREEPORT-MCMORAN COPPER		2010-07-07	2010-11-03
	ILLINOIS TOOL WORKS		2009-08-31	2010-11-03
	POLO RALPH LAUREN CORP		2010-06-24	2010-11-04
	TIME WARNER CABLE		2009-01-23	2010-11-04
	TIME WARNER CABLE		2009-02-18	2010-11-04
	DOVER CORP		2010-02-25	2010-11-05
	DOVER CORP		2010-04-29	2010-11-05
	***GARMIN LTD		2009-11-13	2010-11-08
	PEPSICO INC		2009-01-23	2010-11-08
	PEPSICO INC		2009-03-06	2010-11-08
	***TYCO ELECTRONICS LTD		2009-05-29	2010-11-08
	HEWLETT-PACKARD CO		2010-03-17	2010-11-09
	HEWLETT-PACKARD CO		2010-04-29	2010-11-09
	POLO RALPH LAUREN CORP		2010-06-24	2010-11-09
	CBS CORP-CLASS B NON VOTING		2009-01-23	2010-11-11
	FORD MOTOR CO		2010-02-03	2010-11-11
	COMCAST CORP-CL A		2010-05-06	2010-11-16
	PROCTER & GAMBLE CO		2010-06-15	2010-11-16
	PROCTER & GAMBLE CO		2010-06-23	2010-11-16
	PROCTER & GAMBLE CO		2010-06-25	2010-11-16
	KOHLS CORP		2009-01-23	2010-11-17
	PEPSICO INC		2009-03-06	2010-11-17
	PEPSICO INC		2009-08-11	2010-11-17
	COSTCO WHOLESALE CORP		2009-02-23	2010-11-19
	COSTCO WHOLESALE CORP		2009-04-01	2010-11-19
	D R HORTON INC		2009-06-22	2010-11-19
	ILLINOIS TOOL WORKS		2009-08-31	2010-11-19
	ILLINOIS TOOL WORKS		2009-11-05	2010-11-19
	TARGET CORP		2009-10-16	2010-11-19
	BANK OF AMERICA CORP		2010-01-25	2010-11-23
	BANK OF AMERICA CORP		2010-02-12	2010-11-23
	BANK OF AMERICA CORP		2010-03-29	2010-11-23
	BANK OF AMERICA CORP		2010-05-24	2010-11-23
	BANK OF AMERICA CORP		2010-06-14	2010-11-23
	BANK OF AMERICA CORP		2010-07-01	2010-11-23
	FORD MOTOR CO		2009-11-17	2010-11-23
	PROCTER & GAMBLE CO		2010-06-25	2010-11-23
	PROCTER & GAMBLE CO		2010-06-30	2010-11-23
	ALTRIA GROUP INC		2009-07-08	2010-11-24
	ALTRIA GROUP INC		2009-07-28	2010-11-24
	DANAHER CORP		2009-05-27	2010-11-26
	APPLE INC		2008-06-30	2010-11-29
	APPLE INC		2008-09-24	2010-11-29
	ROWAN COMPANIES INC		2010-02-22	2010-11-29
	ROWAN COMPANIES INC		2010-03-25	2010-11-29
	PULTE GROUP INC		2009-08-06	2010-12-01
	TIME WARNER CABLE		2009-02-18	2010-12-02
	D R HORTON INC		2009-06-22	2010-12-03
	MOTOROLA INC		2010-02-08	2010-12-03
	CELGENE CORP		2008-03-13	2010-12-06
	CELGENE CORP		2009-01-23	2010-12-06
	CELGENE CORP		2010-05-06	2010-12-06
	CELGENE CORP		2010-09-16	2010-12-06
	FREEPORT-MCMORAN COPPER		2010-07-27	2010-12-06
	GILEAD SCIENCES INC		2008-01-15	2010-12-06
	HONEYWELL INTERNATIONAL INC		2010-06-24	2010-12-06
	JUNIPER NETWORKS INC		2010-08-24	2010-12-06
	LOWE'S COS INC		2010-04-22	2010-12-06
	MICROSOFT CORP		2010-02-16	2010-12-06
	NOBLE ENERGY INC		2010-01-26	2010-12-06
	NOBLE ENERGY INC		2010-01-29	2010-12-06
	NEWS CORP		2010-06-23	2010-12-06
	***SUNCOR ENERGY INC		2009-10-14	2010-12-06
	VERTEX PHARMACEUTICALS INC		2009-11-16	2010-12-06
	OVERLAY A PORTFOLIO		2010-03-04	2010-12-06
	BERNSTEIN EMERGING MARKETS		2008-11-07	2010-12-06
	BERNSTEIN EMERGING MARKETS		2008-12-01	2010-12-06
	BERNSTEIN INTERNATIONAL		2007-09-11	2010-12-06
	BERNSTEIN INTERNATIONAL		2007-12-11	2010-12-06
	AT&T INC		2009-06-15	2010-12-08
	AT&T INC		2009-06-16	2010-12-08
	ILLINOIS TOOL WORKS		2009-11-09	2010-12-09
	ILLINOIS TOOL WORKS		2009-11-16	2010-12-09
	PEPCO HOLDINGS INC		2010-03-19	2010-12-09
	PEPCO HOLDINGS INC		2010-03-23	2010-12-09
	COSTCO WHOLESALE CORP		2009-04-01	2010-12-10
	COMCAST CORP-CL A		2010-05-06	2010-12-10
	***ROYAL CARIBBEAN CRUISES LTD		2010-01-12	2010-12-10
	ARCHER-DANIELS-MIDLAND CO		2010-11-26	2010-12-13
	KOHLS CORP		2009-01-23	2010-12-13
	***TEVA PHARMACEUTICAL-SP ADR		2008-07-28	2010-12-13
	VERTEX PHARMACEUTICALS INC		2009-11-16	2010-12-14
	***COVIDIEN PLC		2010-01-27	2010-12-15
	***ALCON INC		2009-07-27	2010-12-17
	HEWLETT-PACKARD CO		2010-04-29	2010-12-17
	HEWLETT-PACKARD CO		2010-05-12	2010-12-17
	***ALCON INC		2009-07-27	2010-12-22
	AT&T INC		2009-06-16	2010-12-22
	AT&T INC		2009-06-24	2010-12-22
	***COVIDIEN PLC		2010-04-26	2010-12-22
	CONOCOPHILLIPS		2009-10-02	2010-12-22
	CONOCOPHILLIPS		2009-11-04	2010-12-22
	CONOCOPHILLIPS		2009-11-05	2010-12-22
	HESS CORP		2010-07-28	2010-12-22
	PEPSICO INC		2009-08-11	2010-12-30
	PEPSICO INC		2010-03-30	2010-12-30
	CABLEVISION SYS CORP		2010-04-27	2010-12-31
	Capital Gains Dividends	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	42	207	-165
b	791	3,444	-2,654
c	520	1,544	-1,024
d	520	816	-296
e	104	170	-66
	208	340	-132
	716	682	34
	1,496	1,484	12
	1,274	973	301
	788	602	185
	734	526	208
	638	409	229
	255	130	125
	701	359	343
	621	556	64
	414	281	133
	546	414	132
	78	65	13
	2,105	1,786	319
	293	621	-328
	587	1,017	-430
	707	639	68
	177	165	11
	231	213	18
	154	58	96
	242	193	49
	295	222	74
	134	101	33
	671	475	196
	527	504	23
	316	289	27
	1,323	994	329
	795	681	114
	236	198	38
	630	550	80
	1,166	1,174	-8
	33	23	10
	658	698	-40
	438	395	44
	638	558	81
	638	584	55
	761	595	167
	795	681	114
	616	550	65
	560	455	105
	798	897	-99
	481	524	-43
	567	700	-133
	945	931	14
	441	362	80
	596	398	199
	752	967	-215
	137	193	-56
	863	599	264
	545	380	164
	194	186	7
	775	634	141
	1,253	726	527
	627	363	264
	1,302	1,103	198
	2,115	1,504	611
	906	713	193
	595	526	69
	1,004	1,537	-533
	251	257	-6
	557	770	-213
	636	991	-355
	434	281	153
	508	341	167
	593	495	98
	254	210	44
	213	140	73
	639	412	227
	569	475	93
	379	360	19
	970	544	426
	620	742	-122
	482	572	-90
	976	531	445
	1,747	1,797	-50
	874	859	15
	359	408	-49
	487	409	78
	1,686	1,003	683
	3,000	2,685	315
	695	692	4
	183	135	47
	426	435	-9
	410	404	6
	531	527	4
	59	59	0
	1,520	1,352	168
	1,196	686	510
	433	241	191
	923	1,525	-603
	501	493	8
	2,467	4,107	-1,640
	749	797	-48
	556	501	56
	1,391	1,286	105
	139	102	37
	684	614	69
	1,138	749	389
	691	499	192
	452	326	125
	1,535	914	621
	788	579	210
	788	754	35
	740	878	-138
	1,309	1,271	38
	164	159	5
	1,472	715	758
	2,218	2,079	140
	806	798	7
	724	499	225
	235	181	54
	941	763	178
	468	380	89
	1,626	1,113	513
	664	454	209
	515	468	47
	1,288	1,175	113
	697	483	214
	411	316	95
	616	488	128
	796	435	362
	377	251	126
	252	168	84
	210	140	70
	1,467	977	490
	807	564	242
	476	378	98
	146	320	-174
	292	637	-345
	251	201	50
	314	211	104
	1,894	743	1,151
	149	114	35
	850	542	308
	573	527	46
	1,043	489	553
	69	69	0
	1,034	924	109
	712	481	231
	631	476	155
	931	1,163	-232
	488	413	75
	641	691	-50
	867	1,378	-512
	433	671	-238
	589	540	49
	314	1,241	-927
	732	819	-88
	616	467	149
	629	991	-362
	720	762	-42
	529	396	133
	794	613	181
	897	571	326
	776	436	340
	237	270	-33
	710	451	259
	612	469	142
	1,158	591	567
	846	1,277	-431
	495	351	144
	471	456	14
	522	401	121
	738	720	18
	1,006	813	193
	711	550	161
	486	433	53
	61,600	59,773	1,827
	5,931	8,383	-2,452
	4,119	2,741	1,377
	24,810	46,377	-21,567
	454	372	81
	173	112	62
	477	399	78
	1,115	850	265
	301	637	-336
	151	213	-62
	283	299	-15
	189	156	33
	613	578	36
	548	409	139
	685	478	207
	871	726	145
	549	495	54
	1,454	1,189	265
	425	409	15
	487	390	97
	97	49	49
	193	97	96
	885	353	533
	432	680	-248
	363	280	82
	423	386	37
	351	605	-255
	561	254	307
	607	548	60
	328	155	173
	101	170	-69
	263	262	2
	61	60	0
	61	60	0
	1,046	900	145
	209	193	17
	788	730	58
	394	370	24
	639	469	169
	840	846	-6
	518	821	-304
	777	1,246	-469
	1,553	2,252	-699
	259	232	27
	774	580	194
	475	372	102
	592	654	-62
	413	385	28
	596	451	145
	1,362	873	490
	195	124	70
	156	78	78
	625	547	77
	818	661	157
	966	926	41
	105	101	4
	595	520	76
	1,411	1,189	222
	1,254	1,058	196
	1,474	505	969
	1,106	852	254
	323	159	165
	162	71	91
	162	71	91
	2,082	918	1,164
	323	165	158
	1,252	995	256
	393	313	81
	322	215	107
	102	101	1
	1,117	1,018	98
	264	253	11
	952	772	180
	1,777	1,436	340
	1,269	1,232	37
	961	496	464
	480	351	129
	349	307	42
	937	777	161
	595	430	166
	1,351	892	459
	1,111	799	312
	513	416	97
	1,143	1,155	-13
	472	307	165
	73	58	15
	472	471	0
	1,617	995	622
	292	165	126
	5,834	5,503	331
	1,021	1,258	-237
	852	771	81
	474	420	54
	427	527	-100
	997	1,239	-242
	868	632	235
	353	238	114
	551	407	144
	633	544	88
	422	344	78
	450	582	-132
	161	112	50
	242	168	75
	721	706	15
	1,087	1,131	-44
	217	225	-8
	877	542	335
	919	751	168
	829	1,018	-188
	507	228	278
	911	852	59
	853	1,073	-219
	927	768	159
	432	325	106
	1,562	1,910	-348
	585	563	22
	692	749	-57
	1,178	842	336
	105	219	-115
	210	445	-235
	314	641	-327
	524	978	-454
	1,048	1,471	-423
	363	449	-87
	711	630	81
	60	75	-15
	302	338	-36
	478	430	48
	372	171	201
	501	407	94
	100	93	7
	10,000	9,611	389
	549	757	-208
	867	596	271
	173	119	54
	309	319	-10
	695	704	-8
	386	362	24
	349	263	86
	1,048	810	238
	401	171	230
	515	850	-335
	1,202	1,060	142
	653	742	-89
	689	1,285	-596
	940	888	52
	453	415	38
	394	171	223
	79	48	31
	920	747	173
	865	336	529
	1,084	680	403
	484	417	67
	78	72	5
	622	638	-16
	702	1,030	-327
	635	704	-70
	562	698	-136
	727	777	-50
	727	769	-42
	121	122	-1
	521	463	58
	265	190	74
	318	267	50
	225	239	-15
	374	396	-21
	1,412	1,467	-55
	554	760	-207
	1,175	795	381
	174	246	-72
	436	510	-74
	801	747	55
	20	14	6
	20	24	-3
	142	105	37
	61	40	21
	61	73	-12
	507	623	-116
	464	563	-99
	562	768	-205
	590	693	-103
	148	170	-22
	441	416	26
	318	263	55
	635	614	22
	471	403	68
	852	747	105
	577	991	-414
	173	276	-103
	303	257	46
	452	555	-102
	496	420	76
	625	565	59
	197	198	-1
	374	423	-49
	498	566	-67
	191	343	-151
	287	539	-252
	239	422	-183
	389	241	147
	194	111	83
	693	605	88
	492	370	122
	984	570	414
	982	992	-10
	982	1,009	-27
	511	409	101
	1,357	1,479	-121
	613	334	279
	727	844	-117
	633	431	202
	667	645	22
	384	262	122
	489	328	162
	762	985	-223
	296	370	-74
	453	326	126
	549	291	258
	606	757	-151
	488	467	21
	490	566	-76
	717	778	-61
	368	471	-103
	898	1,166	-268
	428	373	55
	604	626	-21
	548	458	89
	491	420	71
	452	534	-83
	387	357	29
	542	1,053	-511
	832	1,067	-235
	945	1,159	-214
	113	137	-24
	441	527	-86
	1,007	1,027	-20
	358	341	17
	561	719	-159
	823	980	-157
	1,235	1,599	-364
	493	326	166
	616	425	190
	540	825	-285
	540	747	-208
	836	943	-107
	393	357	36
	747	827	-80
	83	84	0
	306	362	-55
	306	339	-33
	402	357	45
	423	390	33
	479	563	-83
	607	651	-44
	26	33	-6
	791	977	-186
	264	335	-71
	378	341	37
	539	480	58
	772	771	1
	557	500	57
	395	357	37
	493	636	-144
	332	363	-30
	12,800	12,279	521
	3,700	3,494	206
	3,500	6,433	-2,933
	434	327	107
	541	652	-111
	70	90	-20
	702	728	-26
	459	373	85
	459	400	59
	858	876	-17
	1,594	1,600	-6
	307	308	-1
	818	836	-18
	409	404	5
	481	467	15
	429	453	-24
	428	390	38
	367	364	3
	354	435	-81
	526	509	17
	761	415	346
	383	257	126
	611	536	75
	391	302	89
	639	451	188
	1,106	989	116
	553	531	22
	411	357	54
	499	378	122
	250	198	51
	271	243	28
	217	204	13
	537	460	78
	397	258	140
	596	450	147
	475	406	69
	198	183	16
	961	807	154
	294	193	101
	98	75	23
	784	616	168
	98	69	29
	748	644	104
	53	46	7
	422	352	70
	705	904	-199
	467	416	51
	326	283	44
	392	299	93
	490	498	-7
	502	386	116
	361	339	22
	456	349	107
	627	585	43
	377	257	120
	616	563	53
	314	306	8
	52	50	2
	521	469	51
	104	92	12
	516	469	47
	179	170	9
	537	521	15
	598	771	-173
	194	154	40
	1,355	857	498
	462	416	46
	396	307	89
	935	810	125
	62	26	36
	110	88	22
	551	528	24
	764	750	14
	130	100	31
	586	417	169
	505	255	250
	444	526	-82
	222	264	-42
	707	538	169
	1,438	540	899
	410	288	121
	407	376	31
	318	308	11
	318	305	14
	1,019	964	55
	471	339	132
	64	46	18
	319	286	33
	200	128	71
	200	137	63
	473	417	56
	473	416	56
	473	479	-6
	387	350	37
	223	301	-78
	513	665	-152
	435	702	-268
	279	395	-116
	557	785	-228
	279	339	-61
	711	401	310
	250	241	9
	938	902	36
	982	654	328
	614	441	173
	660	458	201
	313	170	143
	313	127	186
	305	250	56
	610	532	78
	581	1,080	-498
	389	156	233
	818	695	123
	768	628	140
	220	228	-8
	1,101	993	108
	330	360	-29
	826	823	3
	442	278	164
	919	1,186	-267
	513	411	102
	513	406	107
	742	807	-64
	537	565	-28
	257	233	24
	171	149	22
	498	469	29
	895	975	-80
	661	815	-154
	9,000	8,165	835
	2,397	1,359	1,038
	6,603	3,123	3,481
	3,630	6,402	-2,772
	2,370	3,845	-1,475
	1,143	982	161
	428	364	65
	757	742	15
	505	509	-5
	908	861	47
	817	765	52
	425	273	152
	425	376	49
	435	256	179
	617	586	30
	748	527	222
	588	506	82
	342	408	-66
	453	508	-54
	973	772	201
	210	264	-54
	420	495	-75
	648	515	133
	290	242	48
	580	496	84
	456	484	-27
	67	46	21
	1,003	772	231
	267	208	60
	991	686	305
	326	286	40
	261	267	-6
	1,188	930	251
	2,228		2,228

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			-165
b			-2,654
c			-1,024
d			-296
e			-66
			-132
			34
			12
			301
			185
			208
			229
			125
			343
			64
			133
			132
			13
			319
			-328
			-430
			68
			11
			18
			96
			49
			74
			33
			196
			23
			27
			329
			114
			38
			80
			-8
			10
			-40
			44
			81
			55
			167
			114
			65
			105
			-99
			-43
			-133
			14
			80
			199
			-215
			-56
			264
			164
			7
			141
			527
			264
			198
			611
			193
			69
			-533
			-6
			-213
			-355
			153
			167
			98
			44
			73
			227
			93
			19
			426
			-122
			-90
			445
			-50
			15
			-49
			78
			683
			315
			4
			47
			-9
			6
			4
			0
			168
			510
			191
			-603
			8
			-1,640
			-48
			56
			105
			37
			69
			389
			192
			125
			621
			210
			35
			-138
			38
			5
			758
			140
			7
			225
			54
			178
			89
			513
			209
			47
			113
			214
			95
			128
			362
			126
			84
			70
			490
			242
			98
			-174
			-345
			50
			104
			1,151
			35
			308
			46
			553
			0
			109
			231
			155
			-232
			75
			-50
			-512
			-238
			49
			-927
			-88
			149
			-362
			-42
			133
			181
			326
			340
			-33
			259
			142
			567
			-431
			144
			14
			121
			18
			193
			161
			53
			1,827
			-2,452
			1,377
			-21,567
			81
			62
			78
			265
			-336
			-62
			-15
			33
			36
			139
			207
			145
			54
			265
			15
			97
			49
			96
			533
			-248
			82
			37
			-255
			307
			60
			173
			-69
			2
			0
			0
			145
			17
			58
			24
			169
			-6
			-304
			-469
			-699
			27
			194
			102
			-62
			28
			145
			490
			70
			78
			77
			157
			41
			4
			76
			222
			196
			969
			254
			165
			91
			91
			1,164
			158
			256
			81
			107
			1
			98
			11
			180
			340
			37
			464
			129
			42
			161
			166
			459
			312
			97
			-13
			165
			15
			0
			622
			126
			331
			-237
			81
			54
			-100
			-242
			235
			114
			144
			88
			78
			-132
			50
			75
			15
			-44
			-8
			335
			168
			-188
			278
			59
			-219
			159
			106
			-348
			22
			-57
			336
			-115
			-235
			-327
			-454
			-423
			-87
			81
			-15
			-36
			48
			201
			94
			7
			389
			-208
			271
			54
			-10
			-8
			24
			86
			238
			230
			-335
			142
			-89
			-596
			52
			38
			223
			31
			173
			529
			403
			67
			5
			-16
			-327
			-70
			-136
			-50
			-42
			-1
			58
			74
			50
			-15
			-21
			-55
			-207
			381
			-72
			-74
			55
			6
			-3
			37
			21
			-12
			-116
			-99
			-205
			-103
			-22
			26
			55
			22
			68
			105
			-414
			-103
			46
			-102
			76
			59
			-1
			-49
			-67
			-151
			-252
			-183
			147
			83
			88
			122
			414
			-10
			-27
			101
			-121
			279
			-117
			202
			22
			122
			162
			-223
			-74
			126
			258
			-151
			21
			-76
			-61
			-103
			-268
			55
			-21
			89
			71
			-83
			29
			-511
			-235
			-214
			-24
			-86
			-20
			17
			-159
			-157
			-364
			166
			190
			-285
			-208
			-107
			36
			-80
			0
			-55
			-33
			45
			33
			-83
			-44
			-6
			-186
			-71
			37
			58
			1
			57
			37
			-144
			-30
			521
			206
			-2,933
			107
			-111
			-20
			-26
			85
			59
			-17
			-6
			-1
			-18
			5
			15
			-24
			38
			3
			-81
			17
			346
			126
			75
			89
			188
			116
			22
			54
			122
			51
			28
			13
			78
			140
			147
			69
			16
			154
			101
			23
			168
			29
			104
			7
			70
			-199
			51
			44
			93
			-7
			116
			22
			107
			43
			120
			53
			8
			2
			51
			12
			47
			9
			15
			-173
			40
			498
			46
			89
			125
			36
			22
			24
			14
			31
			169
			250
			-82
			-42
			169
			899
			121
			31
			11
			14
			55
			132
			18
			33
			71
			63
			56
			56
			-6
			37
			-78
			-152
			-268
			-116
			-228
			-61
			310
			9
			36
			328
			173
			201
			143
			186
			56
			78
			-498
			233
			123
			140
			-8
			108
			-29
			3
			164
			-267
			102
			107
			-64
			-28
			24
			22
			29
			-80
			-154
			835
			1,038
			3,481
			-2,772
			-1,475
			161
			65
			15
			-5
			47
			52
			152
			49
			179
			30
			222
			82
			-66
			-54
			201
			-54
			-75
			133
			48
			84
			-27
			21
			231
			60
			305
			40
			-6
			251
			2,228

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	5,728
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 . . . . . . . . . . . . .		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? Yes No

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	71,200	783,350	0.090892
2008	58,550	848,637	0.068993
2007	69,200	912,212	0.075860
2006	61,100	777,984	0.078536
2005	42,900	515,610	0.083202

2	Total of line 1, column (d) ......................	2	0.397483
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	0.079497
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	1,075,764
5	Multiply line 4 by line 3.......................	5	85,520
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	115
7	Add lines 5 and 6.........................	7	85,635
8	Enter qualifying distributions from Part XII, line 4..............	8	74,000
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	230
	hereand 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	230
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	230
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a	2,575
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	2,575
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,345
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax2,345	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?.............................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

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?................

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.

Yes

Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) bullet

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 .

Yes

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...........................

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses. Click to see attachment

Yes

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) .......

Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

Theodore W Baker Telephone no. bullet

(609) 921-3611

Located at bullet

14 Nassau StreetPrincetonNJ ZIP+4 bullet

08542

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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? .................

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

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.) .........

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business

enterprise at any time during the year?.....................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(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)...YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)?

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay

premiums on a personal benefit contract?....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
Grant A Gund	Trustee 0.50	0	0	0
14 Nassau Street Princeton,NJ08542	Trustee 0.50	0	0	0
Lara B Gund	Trustee 0.50	0	0	0
14 Nassau Street Princeton,NJ08542	Trustee 0.50	0	0	0

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...................				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............. 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)

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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,030,429

Average of monthly cash balances.......................

61,717

Fair market value of all other assets (see page 24 of the instructions)............

Total (add lines 1a, b, and c).........................

1,092,146

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) ..............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d..........................

1,092,146

Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25

of the instructions) ............................

16,382

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

1,075,764

Minimum investment return. Enter 5% of line 5...................

53,788

Part XI

Distributable Amount (see page 25 of the instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

53,788

Tax on investment income for 2010 from Part VI, line 5......

230

Income tax for 2010. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

230

Distributable amount before adjustments. Subtract line 2c from line 1............

53,558

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4.............................

53,558

Deduction from distributable amount (see page 25 of the instructions)...........

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1.................................

53,558

Part XII

Qualifying Distributions (see page 25 of the instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

74,000

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes................................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

74,000

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)............

Adjusted qualifying distributions. Subtract line 5 from line 4...............

74,000

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)

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					53,558
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2010:
a From 2005.......	17,403
b From 2006.......	23,327
c From 2007.......	25,014
d From 2008.......	16,118
e From 2009.......	32,032
fTotal of lines 3a through e.........		113,894
4Qualifying distributions for 2010 from Part
XII, line 4: $ 74,000
a Applied to 2009, but not more than line 2a				0
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.....					53,558
e Remaining amount distributed out of corpus		20,442
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		134,336
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 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........		0
8Excess distributions carryover from 2005 not applied on line 5 or line 7 (see page 27 of the instructions) .............		17,403
9Excess distributions carryover to 2011. Subtract lines 7 and 8 from line 6a ......		116,933
10 Analysis of line 9:
a Excess from 2006....	23,327
b Excess from 2007....	25,014
c Excess from 2008....	16,118
d Excess from 2009....	32,032
e Excess from 2010....	20,442

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see page 28 of the instructions) to individuals or organizations
under other conditions, complete items 2a, b, c, and d.

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Boston Medical Flight Hangar 1727-Hanscom AFB Bedford,MA01730	None	501(c)(3)	To help further charitable purposes of organization.	500
Colorado College 14 East Cache La Poudre St Colorado Springs,CO80903	None	501(c)(3)	To help further charitable purposes of organization.	5,000
Cranberry Cup Charitable Association 950 Winter Street-Suite 3200 Waltham,MA02451	None	501(c)(3)	To help further charitable purposes of organization.	4,000
Doctors Without Borders PO Box 17090 Baltimore,MD212037090	None	501(c)(3)	To help further charitable purposes of organization.	2,000
Epiphany School 154 Centre Street Dorchester,MA02124	None	501(c)(3)	To help further charitable purposes of organization.	500
Foundation Fighting Blindness 950 Winter Street-Suite 3200 Waltham,MA02451	None	501(c)(3)	To help further charitable purposes of organization.	10,000
Bessie Tartt Wilson Initiative for Children Inc 142 Berkeley Street Boston,MA02116	None	501(c)(3)	To help further charitable purposes of organization.	250
Groton School PO Box 991 Groton,MA01450	None	501(c)(3)	To help further charitable purposes of organization.	7,500
Kellogg School of Management- Northwestern U 282 Ridge Avenue Evanston,IL60208	None	501(c)(3)	To help further charitable purposes of organization.	19,250
American Red Cross 139 Main Street Cambridge,MA02142	None	501(c)(3)	To help further charitable purposes of organization.	2,000
Nantucket Conservation Foundation 118 Cliff Road PO Box 13 Nantucket,MA025540013	None	501(c)(3)	To help further charitable purposes of organization.	500
Nantucket Ice- AJ Mleczko Charity on Ice PO Box 3155 Nantucket,MA025540013	None	501(c)(3)	To help further charitable purposes of organization.	1,500
Environmental Defense Fund 1875 Connecticut Ave NW Washington,DC20009	None	501(c)(3)	To help further charitable purposes of organization.	750
Ron Burton Training Village PO Box 252 Hubbardstown,MA01452	None	501(c)(3)	To help further charitable purposes of organization.	2,500
KILIFI Kids 93 Peachtree Place NE 6 Atlanta,GA30309	None	501(c)(3)	To help further charitable purposes of organization.	2,500
The Reading Tree 368 Connecticut Ave San Francisco,CA94107	None	501(c)(3)	To help further charitable purposes of organization.	500
Foundation of the MEEI Inc (Mass Eye & Ear Infirmary) 243 Charles Street Boston,MA02114	None	501(c)(3)	To help further charitable purposes of organization.	2,500
Union Church in Waban 14 Collins Road Waban,MA02168	None	501(c)(3)	To help further charitable purposes of organization.	3,500
Unversity of Vermont 411 Main Street Burlington,VT054013470	None	501(c)(3)	To help further charitable purposes of organization.	2,000
Notre Dame Vision Walk for FFB 1234 N Eddy Street 210N South Bend,IN46617	none	501(c)(3)	To help further charitable purposes of organization.	500
Foundation for Metro West 21 Eliot Street Natick,MA01760	None	501(c)(3)	To help further charitable purposes of organization.	250
EarthJustice 426 17th Street Oakland,CA94612	None	501(c)(3)	To help further charitable purposes of organization.	1,000
Kellogg School of Management- Northwestern U 2020 Ridge Avenue Evanston,IL60208	none	501(c)(3)	to help further charitable purposes of organization.	5,000
Total ................................. 3a				74,000

bApproved for future payment
Groton School PO Box 991 Groton,MA01450	None	501(c)(3)	To help further charitable purposes of organization.	10,000
Total .................................. 3b				10,000

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	132
4 Dividends and interest from securities....			14	24,460
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			14	5,728
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		30,320	0

13Total. Add line 12, columns (b), (d), and (e)...................

1330,320

(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.	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)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash....................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements............................

1b(4)

(5) Loans or loan guarantees..............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

If “Yes,” complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

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.

	Signature of officer or trustee	Date	Title

Preparer's Signature	Date	Check if self- employed	PTIN
Firm's name Firm's address		Firm's EIN
		Phone no.

Form 990-PF (2010)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of organization Grant and Lara Gund Foundation
Schedule B (Form 990, 990-EZ, or 990-PF) (2010) Page 1 of 1 of Part I
Part I	Contributors (see Instructions)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
1	Gordon and Llura Gund CLAT 4 14 Nassau Street Princeton, NJ 08542	$367,421	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Name of organization Grant and Lara Gund Foundation
Schedule B (Form 990, 990-EZ, or 990-PF) (2010) Page 1 of 1 of Part II
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)

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Sanford Bernstein Management Fees	6,830	6,830		0
PNC Bank Fees	271	271		0