Form990-PF

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

Number and street (or P.O. box number if mail is not delivered to street address)27 DRYDEN LANE   Room/suite
City or town, state, and ZIP code
PROVIDENCE, RI02904
A Employer identification number

05-6006231
B Telephone number (see page 10 of the instructions)

(401) 331-6851
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$2,834,838
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 78,457 78,457  
4 Dividends and interest from securities...... 149,025 149,025  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,069,521
b Gross sales price for all assets on line 6a 2,525,059
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ -842,039 227,482  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 18,000      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 4,450 4,450    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) 1,958 68    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 241 241    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 24,649 4,759   0
25 Contributions, gifts, grants paid........ 1,098,203 1,098,203
26 Total expenses and disbursements. Add lines 24 and 25 1,122,852 4,759   1,098,203
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,964,891
b Net investment income (if negative, enter -0-) 222,723
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............... 230,605 366,120 366,120
2 Savings and temporary cash investments.......... 34,663 74,157 74,157
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)........ 4,715,404 Click to see attachment2,588,481 2,347,986
c Investments—corporate bonds (attach schedule)........ 79,831 Click to see attachment79,831 46,575
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) 5,060,503 3,108,589 2,834,838
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 5,060,503 3,108,589
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).................... 5,060,503 3,108,589
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 5,060,503 3,108,589
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 5,060,503
2 Enter amount from Part I, line 27a...................... 2 -1,964,891
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 12,977
4 Add lines 1, 2, and 3.......................... 4 3,108,589
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 3,108,589
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 8CONSECO FIN TR8.7% P 1998-08-19 2010-06-16
b BLACKROCK ENERGY&RES TR P 2010-09-27 2010-10-07
c COHEN & STEERS QUAL INCM P 2007-06-15 2010-03-05
d DEL INVST DIV & INCM FD P 2004-07-08 2010-09-10
e DEL INVST DIV & INCM FD P 2004-11-08 2010-09-10
GENERL MTRS CORP 25 PAR P 2001-09-28 2010-06-16
H & Q HEALTHCARE FD SBI P 2010-07-28 2010-09-27
NICHOLAS-APPLEGATE P 2006-02-09 2010-06-18
NUVEEN QUAL PFD INC FD 2 P 2004-11-18 2010-06-17
PIMCO INCM STRAT FUND II P 2006-11-20 2010-06-15
PIMCO INCM STRAT FUND II P 2008-02-01 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-12-09 2010-06-15
PWRSHRS FNCL PRD PRT ETF P 2010-03-05 2010-08-06
RBS CAP FDG VII 6.08%PFD P 2004-08-11 2010-06-16
REPSOL INTL CAP 7.45%PFD P 2001-08-06 2010-02-08
8ROYAL BANK OF SCOTLAND P 2005-10-26 2010-05-06
BLCKRCK CR ALLC INCM III P 2007-06-12 2010-06-21
COHEN & STEERS QUAL INCM P 2007-06-15 2010-03-05
DEL INVST DIV & INCM FD P 2004-07-08 2010-09-10
DEL INVST DIV & INCM FD P 2004-11-08 2010-09-10
GENL MOTOR 7.375%5/15/48 P 2003-05-14 2010-06-16
H & Q HEALTHCARE FD SBI P 2010-07-28 2010-09-27
NICHOLAS-APPLEGATE P 2006-02-09 2010-06-18
NUVEEN QUAL PFD INC FD 2 P 2006-03-01 2010-06-17
PIMCO INCM STRAT FUND II P 2006-11-20 2010-06-15
PIMCO INCM STRAT FUND II P 2008-02-01 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-12-09 2010-06-15
PWRSHRS FNCL PRD PRT ETF P 2010-03-05 2010-08-06
RBS CAP FDG VII 6.08%PFD P 2004-08-11 2010-06-16
ROYCE VALUE TR 5.9% PFD P 2003-10-06 2010-03-04
BANCORPSOUTH 8.15% CAP P 2002-01-18 2010-05-27
BLCKRCK CR ALLC INCM III P 2007-06-12 2010-06-21
COHEN & STEERS QUAL INCM P 2007-06-15 2010-03-05
DEL INVST DIV & INCM FD P 2004-07-09 2010-09-10
DEL INVST DIV & INCM FD P 2004-11-08 2010-09-10
GENL MOTOR 7.375%5/15/48 P 2005-02-07 2010-06-16
H & Q HEALTHCARE FD SBI P 2010-07-28 2010-09-27
NUVEEN MULTI-STRAT FD 2 P 2003-06-25 2010-06-21
NUVEEN QUAL PFD INC FD 2 P 2006-03-01 2010-06-17
PIMCO INCM STRAT FUND II P 2006-11-20 2010-06-15
PIMCO INCOME RTS P 2010-03-31 2010-04-01
PRUDENTIAL FNCL 9 % PFD P 2008-12-09 2010-06-15
PWRSHRS FNCL PRD PRT ETF P 2010-05-10 2010-08-06
RBS CAP FDG VII 6.08%PFD P 2004-09-02 2010-06-16
STRATS-TIME WARNER INC P 2004-03-05 2010-03-01
BANCORPSOUTH 8.15% CAP P 2002-01-18 2010-05-27
BLCKRCK CR ALLC INCM III P 2007-06-12 2010-06-21
COHEN & STEERS QUAL INCM P 2007-06-15 2010-03-05
DEL INVST DIV & INCM FD P 2004-07-09 2010-09-10
DEL INVST DIV & INCM FD P 2004-11-08 2010-09-10
GENL MOTOR 7.375%5/15/48 P 2005-03-17 2010-06-16
H & Q HEALTHCARE FD SBI P 2010-07-28 2010-09-27
NUVEEN MULTI-STRAT FD 2 P 2003-06-25 2010-06-21
NUVEEN QUAL PFD INC FD 2 P 2006-03-01 2010-06-17
PIMCO INCM STRAT FUND II P 2006-11-29 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-06-25 2010-06-07
PRUDENTIAL FNCL 9 % PFD P 2010-04-08 2010-06-15
PWRSHRS FNCL PRD PRT ETF P 2010-05-10 2010-08-06
RBS CAP FDG VII 6.08%PFD P 2004-09-02 2010-06-16
STRATS-TIME WARNER INC P 2004-03-05 2010-03-01
BANCORPSOUTH 8.15% CAP P 2002-01-18 2010-05-27
BLCKRCK CR ALLC INCM III P 2007-08-01 2010-06-21
COHEN & STEERS QUAL INCM P 2007-06-15 2010-03-05
DEL INVST DIV & INCM FD P 2004-10-12 2010-09-10
DELTA AIR 8.3% 12/15/29 P 2007-05-03 2010-12-29
GENL MOTORS 7.5% NT PFD P 2004-06-23 2010-06-16
H & Q HEALTHCARE FD SBI P 2010-07-28 2010-09-27
NUVEEN MULTI-STRAT FD 2 P 2003-06-25 2010-06-21
P.S.BUSINESS PARK 6.875% P 2004-03-31 2010-11-15
PIMCO INCM STRAT FUND II P 2006-11-29 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-06-25 2010-06-07
PRUDENTIAL FNCL 9 % PFD P 2010-04-08 2010-06-15
PWRSHRS FNCL PRD PRT ETF P 2010-05-10 2010-12-01
RBS CAP FDG VII 6.08%PFD P 2004-09-02 2010-06-16
STRATS-TIME WARNER INC P 2004-03-05 2010-03-01
BANCORPSOUTH 8.15% CAP P 2002-01-18 2010-05-27
BLCKRCK CR ALLC INCM III P 2007-08-01 2010-06-21
COHEN & STEERS QUAL INCM P 2007-06-15 2010-03-05
DEL INVST DIV & INCM FD P 2004-10-12 2010-09-10
DELTA AIR LINES INC NEW P 2010-12-29 2010-12-29
GEORGIA PWR SR NOTES P 2005-01-13 2010-02-01
H & Q HEALTHCARE FD SBI P 2010-07-28 2010-09-27
NUVEEN MULTI-STRAT FD 2 P 2003-08-26 2010-06-21
P.S.BUSINESS PARK 6.875% P 2004-03-31 2010-11-15
PIMCO INCM STRAT FUND II P 2006-11-29 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-06-25 2010-06-08
PRUDENTIAL FNCL 9 % PFD P 2010-04-08 2010-06-15
PWRSHRS FNCL PRD PRT ETF P 2010-05-27 2010-12-01
REPSOL INTL CAP 7.45%PFD P 1997-10-16 2010-02-08
STRATS-TIME WARNER INC P 2004-03-05 2010-03-02
BANCORPSOUTH 8.15% CAP P 2002-01-18 2010-05-27
BLCKRCK CR ALLC INCM III P 2007-08-01 2010-06-21
CONSECO FIN TR I ESCROW P 1996-11-14 2010-06-16
DEL INVST DIV & INCM FD P 2004-10-12 2010-09-10
FANNIE MAE 8.25% PFD P 2008-06-18 2010-03-05
GEORGIA PWR SR NOTES P 2005-01-13 2010-02-01
ISHARES S&P PRD STOCK P 2010-02-08 2010-06-18
NUVEEN MULTI-STRAT FD 2 P 2003-08-26 2010-06-21
P.S.BUSINESS PARK 6.875% P 2004-05-06 2010-11-15
PIMCO INCM STRAT FUND II P 2006-12-18 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-06-25 2010-06-08
PRUDENTIAL FNCL 9 % PFD P 2010-04-08 2010-06-15
PWRSHRS FNCL PRD PRT ETF P 2010-06-09 2010-12-01
REPSOL INTL CAP 7.45%PFD P 2001-04-16 2010-02-08
STRATS-TIME WARNER INC P 2004-07-08 2010-03-02
BANK OF AMERICA CORP P 2006-07-31 2010-06-16
BLCKRCK CR ALLC INCM III P 2007-08-01 2010-06-21
CONSECO FIN TR VII ESCR P 1999-08-26 2010-06-16
DEL INVST DIV & INCM FD P 2004-10-12 2010-09-10
FANNIE MAE 8.25% PFD P 2008-06-18 2010-03-05
GEORGIA PWR SR NOTES P 2005-01-13 2010-02-01
ISHARES S&P PRD STOCK P 2010-02-09 2010-06-18
NUVEEN MULTI-STRAT FD 2 P 2003-08-26 2010-06-21
P.S.BUSINESS PARK 6.875% P 2004-05-06 2010-11-15
PIMCO INCM STRAT FUND II P 2006-12-22 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-06-25 2010-06-08
PRUDENTIAL FNCL 9 % PFD P 2010-04-08 2010-06-15
PWRSHRS FNCL PRD PRT ETF P 2010-06-09 2010-12-01
REPSOL INTL CAP 7.45%PFD P 2001-04-16 2010-02-08
STRATS-TIME WARNER INC P 2006-11-17 2010-03-02
BANK OF AMERICA CORP P 2006-07-31 2010-06-16
BLCKRCK CR ALLC INCM III P 2007-11-05 2010-06-21
DEL INVST DIV & INCM FD P 2004-05-28 2010-09-10
DEL INVST DIV & INCM FD P 2004-10-12 2010-09-10
FANNIE MAE 8.25% PFD P 2008-06-18 2010-03-05
GEORGIA PWR SR NOTES P 2005-01-13 2010-02-01
ISHARES S&P PRD STOCK P 2010-03-02 2010-06-18
NUVEEN MULTI-STRAT FD 2 P 2003-08-26 2010-06-21
PARTNER RE 6.50% SER D P 2004-11-09 2010-09-01
PIMCO INCM STRAT FUND II P 2006-12-22 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-06-25 2010-06-08
PRUDENTIAL FNCL 9 % PFD P 2010-04-08 2010-06-15
PWRSHRS FNCL PRD PRT ETF P 2010-10-13 2010-12-01
REPSOL INTL CAP 7.45%PFD P 2001-04-16 2010-02-08
STRATS-TIME WARNER INC P 2006-11-17 2010-03-02
BANK OF AMERICA CORP P 2007-03-13 2010-06-16
BLCKRCK CR ALLC INCM III P 2007-11-05 2010-06-21
DEL INVST DIV & INCM FD P 2004-05-28 2010-09-10
DEL INVST DIV & INCM FD P 2004-10-12 2010-09-10
FANNIE MAE 8.25% PFD P 2008-06-18 2010-03-05
GEORGIA PWR SR NOTES P 2005-01-13 2010-02-01
ISHARES S&P PRD STOCK P 2010-03-02 2010-07-28
NUVEEN QUAL PFD INC FD 2 P 2003-02-05 2010-06-17
PARTNER RE 6.50% SER D P 2004-11-09 2010-09-01
PIMCO INCM STRAT FUND II P 2007-01-19 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-06-25 2010-06-08
PRUDENTIAL FNCL 9 % PFD P 2010-04-08 2010-06-15
PWRSHRS FNCL PRD PRT ETF P 2010-10-13 2010-12-01
REPSOL INTL CAP 7.45%PFD P 2001-04-16 2010-02-08
STRATS-TIME WARNER INC P 2006-11-17 2010-03-02
BLACKROCK ENERGY&RES TR P 2010-09-01 2010-10-07
BLCKRCK CR ALLC INCM III P 2007-11-05 2010-06-21
DEL INVST DIV & INCM FD P 2004-05-28 2010-09-10
DEL INVST DIV & INCM FD P 2004-10-12 2010-09-10
FORD MTR CRED CO 7.375% P 2001-10-05 2010-12-23
GEORGIA PWR SR NOTES P 2005-01-13 2010-02-01
ISHARES S&P PRD STOCK P 2010-03-02 2010-08-17
NUVEEN QUAL PFD INC FD 2 P 2003-02-05 2010-06-17
PARTNER RE 6.50% SER D P 2004-11-09 2010-09-01
PIMCO INCM STRAT FUND II P 2007-01-19 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-06-25 2010-06-08
PRUDENTIAL PLC CAP 6.50% P 2005-07-12 2010-06-16
PWRSHRS FNCL PRD PRT ETF P 2010-10-13 2010-12-01
REPSOL INTL CAP 7.45%PFD P 2001-04-16 2010-02-08
W2007 GRACE ACQ I 8.75% P 2007-11-23 2010-06-16
BLACKROCK ENERGY&RES TR P 2010-09-01 2010-10-07
BLCKRCK CR ALLC INCM III P 2007-11-05 2010-06-21
DEL INVST DIV & INCM FD P 2004-07-08 2010-09-10
DEL INVST DIV & INCM FD P 2004-11-08 2010-09-10
GENERAL ELECTRIC COMPANY P 2000-10-23 2010-03-05
H & Q HEALTHCARE FD SBI P 2010-07-28 2010-09-27
ISHARES S&P PRD STOCK P 2010-06-09 2010-08-17
NUVEEN QUAL PFD INC FD 2 P 2003-02-05 2010-06-17
PARTNER RE 6.50% SER D P 2004-11-09 2010-09-01
PIMCO INCM STRAT FUND II P 2007-01-19 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-06-25 2010-06-15
PRUDENTIAL PLC CAP 6.50% P 2005-07-12 2010-06-16
PWRSHRS FNCL PRD PRT ETF P 2010-10-13 2010-12-01
REPSOL INTL CAP 7.45%PFD P 2001-08-06 2010-02-08
BLACKROCK ENERGY&RES TR P 2010-09-27 2010-10-07
BLCKRCK CR ALLC INCM III P 2007-11-05 2010-06-21
DEL INVST DIV & INCM FD P 2004-07-08 2010-09-10
DEL INVST DIV & INCM FD P 2004-11-08 2010-09-10
GENERAL ELECTRIC COMPANY P 2000-12-20 2010-03-05
H & Q HEALTHCARE FD SBI P 2010-07-28 2010-09-27
ISHARES S&P PRD STOCK P 2010-06-09 2010-08-17
NUVEEN QUAL PFD INC FD 2 P 2003-11-11 2010-06-17
PARTNER RE 6.50% SER D P 2004-11-09 2010-09-01
PIMCO INCM STRAT FUND II P 2007-03-02 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-12-09 2010-06-15
PRUDENTIAL PLC CAP 6.50% P 2005-07-12 2010-06-16
PWRSHRS FNCL PRD PRT ETF P 2010-10-13 2010-12-01
REPSOL INTL CAP 7.45%PFD P 2001-08-06 2010-02-08
BLACKROCK ENERGY&RES TR P 2010-09-27 2010-10-07
BLCKRCK CR ALLC INCM III P 2007-11-05 2010-06-21
DEL INVST DIV & INCM FD P 2004-07-08 2010-09-10
DEL INVST DIV & INCM FD P 2004-11-08 2010-09-10
GENERAL MOTORS 7.25% P 2002-02-07 2010-06-16
H & Q HEALTHCARE FD SBI P 2010-07-28 2010-09-27
NICHOLAS-APPLEGATE P 2003-11-18 2010-06-18
NUVEEN QUAL PFD INC FD 2 P 2004-11-18 2010-06-17
PFIZER INCORPORATED P 1999-04-19 2010-04-08
PIMCO INCM STRAT FUND II P 2007-03-02 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-12-09 2010-06-15
PWRSHRS FNCL PRD PRT ETF P 2010-03-04 2010-08-06
RBS CAP FDG VII 6.08%PFD P 2004-02-11 2010-06-16
REPSOL INTL CAP 7.45%PFD P 2001-08-06 2010-02-08
BLACKROCK ENERGY&RES TR P 2010-09-27 2010-10-07
COHEN & STEERS QUAL INCM P 2007-06-15 2010-03-05
DEL INVST DIV & INCM FD P 2004-07-08 2010-09-10
DEL INVST DIV & INCM FD P 2004-11-08 2010-09-10
GENERAL MOTORS 7.25% P 2005-03-17 2010-06-16
H & Q HEALTHCARE FD SBI P 2010-07-28 2010-09-27
NICHOLAS-APPLEGATE P 2006-02-09 2010-06-18
NUVEEN QUAL PFD INC FD 2 P 2004-11-18 2010-06-17
PFIZER INCORPORATED P 1999-05-26 2010-04-08
PIMCO INCM STRAT FUND II P 2008-02-01 2010-06-15
PRUDENTIAL FNCL 9 % PFD P 2008-12-09 2010-06-15
PWRSHRS FNCL PRD PRT ETF P 2010-03-05 2010-08-06
RBS CAP FDG VII 6.08%PFD P 2004-08-11 2010-06-16
REPSOL INTL CAP 7.45%PFD P 2001-08-06 2010-02-08
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a 1     1
b 2,540   2,401 139
c 5,611   20,079 -14,468
d 10,256   15,715 -5,459
e 2,140   3,555 -1,415
13,487   50,000 -36,513
3,560   3,483 77
8,720   15,084 -6,364
1,453   3,092 -1,639
16,516   34,452 -17,936
3,787   6,337 -2,550
18,854   13,782 5,072
13,913   13,878 35
1,229   2,406 -1,177
2,496   2,389 107
42,000   75,000 -33,000
10,252   23,581 -13,329
4,988   17,815 -12,827
6,401   10,103 -3,702
714   1,185 -471
13,536   50,000 -36,464
2,381   2,322 59
4,360   7,542 -3,182
7,265   14,155 -6,890
10,093   21,038 -10,945
1,847   3,097 -1,250
5,387   3,935 1,452
1,739   1,735 4
14,744   28,895 -14,151
48,658   50,000 -1,342
7,720   7,500 220
10,252   23,574 -13,322
3,117   11,140 -8,023
2,134   3,351 -1,217
714   1,187 -473
8,798   32,412 -23,614
1,356   1,323 33
22,936   43,500 -20,564
17,435   33,972 -16,537
918   1,915 -997
4,149     4,149
8,062   5,902 2,160
5,217   5,010 207
14,744   29,699 -14,955
4,543   5,000 -457
7,715   7,500 215
1,025   2,357 -1,332
3,117   11,145 -8,028
4,971   7,819 -2,848
718   1,187 -469
6,768   20,935 -14,167
1,188   1,161 27
20,552   39,000 -18,448
726   1,422 -696
11,010   23,010 -12,000
23,764   22,500 1,264
13,436   13,916 -480
1,739   1,670 69
7,370   14,849 -7,479
4,516   5,000 -484
5,149   5,000 149
8,202   17,348 -9,146
1,870   6,681 -4,811
2,131   3,550 -1,419
       
13,487   50,000 -36,513
734   720 14
9,489   18,000 -8,511
20,169   20,750 -581
7,340   15,329 -7,989
15,843   15,000 843
8,061   8,350 -289
38,694   36,742 1,952
2,458   4,950 -2,492
2,273   2,500 -227
2,572   2,500 72
2,050   4,337 -2,287
619   2,227 -1,608
5,698   9,467 -3,769
12     12
19,989   20,000 -11
738   720 18
9,489   16,305 -6,816
4,142   4,250 -108
1,843   3,832 -1,989
84,093   80,000 4,093
5,394   5,567 -173
28,141   26,209 1,932
24,946   25,000 -54
34,229   37,500 -3,271
2,575   2,500 75
5,126   10,839 -5,713
1     1
3,650   5,917 -2,267
986   24,380 -23,394
14,921   15,000 -79
73,952   74,403 -451
11,868   20,381 -8,513
15,349   13,964 1,385
24,053   49,996 -25,943
18,402   17,500 902
5,386   5,567 -181
24,623   22,901 1,722
19,957   19,167 790
45,639   42,465 3,174
23,414   77,575 -54,161
5,126   10,838 -5,712
1     1
1,460   2,397 -937
789   19,506 -18,717
12,439   12,500 -61
48,069   48,520 -451
7,114   12,229 -5,115
18,704   17,067 1,637
20,183   42,006 -21,823
15,779   15,000 779
2,695   2,783 -88
1,759   1,641 118
29,923   28,751 1,172
41,075   42,010 -935
1,560   5,172 -3,612
13,327   25,524 -12,197
2,885   4,478 -1,593
4,320   7,190 -2,870
99   2,435 -2,336
6,949   6,950 -1
25,883   27,027 -1,144
3,166   5,435 -2,269
17,067   17,500 -433
4,695   9,782 -5,087
5,306   5,000 306
2,693   2,783 -90
14,070   14,984 -914
12,510   11,980 530
2,286   2,334 -48
14,042   45,287 -31,245
1,025   1,963 -938
721   1,123 -402
2,157   3,595 -1,438
99   2,436 -2,337
4,972   5,000 -28
77,679   77,220 459
14,529   30,876 -16,347
15,459   15,850 -391
3,682   7,753 -4,071
5,307   5,000 307
2,690   2,783 -93
7,030   7,492 -462
9,986   9,584 402
2,285   2,334 -49
71,248   65,249 5,999
9,227   17,687 -8,460
10,817   16,911 -6,094
2,157   3,592 -1,435
50,000   50,000  
546   550 -4
31,653   30,888 765
26,878   57,196 -30,318
11,302   11,650 -348
31,209   65,677 -34,468
2,633   2,500 133
16,042   17,500 -1,458
7,035   7,492 -457
2,496   2,396 100
157     157
5,089   4,652 437
1,026   1,965 -939
1,442   2,229 -787
3,605   5,925 -2,320
8,001   25,171 -17,170
29,401   28,586 815
31,653   29,576 2,077
2,179   4,637 -2,458
2,431   2,500 -69
1,939   4,068 -2,129
40,290   37,500 2,790
4,596   5,000 -404
1,759   1,873 -114
7,487   7,166 321
19,084   18,009 1,075
4,105   7,862 -3,757
7,933   12,271 -4,338
3,586   5,925 -2,339
8,001   24,635 -16,634
12,254   11,986 268
3,957   3,701 256
23,243   50,183 -26,940
2,427   2,500 -73
13,761   28,744 -14,983
2,686   1,954 732
2,300   2,500 -200
5,276   5,618 -342
9,978   9,554 424
21,579   20,411 1,168
1,026   1,963 -937
1,442   2,237 -795
2,861   4,740 -1,879
9,448   35,000 -25,552
735   720 15
30,519   53,037 -22,518
10,895   23,162 -12,267
16,830   41,814 -24,984
92   193 -101
29,546   21,490 8,056
48,705   48,460 245
12,286   25,000 -12,714
2,499   2,389 110
20,326   19,210 1,116
8,729   31,220 -22,491
1,465   2,243 -778
2,190   3,555 -1,365
6,748   20,863 -14,115
7,117   6,965 152
17,439   30,180 -12,741
9,445   20,074 -10,629
25,245   51,690 -26,445
6,352   10,666 -4,314
2,686   1,969 717
33,050   32,959 91
20,887   40,884 -19,997
2,498   2,389 109
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       1
b       139
c       -14,468
d       -5,459
e       -1,415
      -36,513
      77
      -6,364
      -1,639
      -17,936
      -2,550
      5,072
      35
      -1,177
      107
      -33,000
      -13,329
      -12,827
      -3,702
      -471
      -36,464
      59
      -3,182
      -6,890
      -10,945
      -1,250
      1,452
      4
      -14,151
      -1,342
      220
      -13,322
      -8,023
      -1,217
      -473
      -23,614
      33
      -20,564
      -16,537
      -997
      4,149
      2,160
      207
      -14,955
      -457
      215
      -1,332
      -8,028
      -2,848
      -469
      -14,167
      27
      -18,448
      -696
      -12,000
      1,264
      -480
      69
      -7,479
      -484
      149
      -9,146
      -4,811
      -1,419
       
      -36,513
      14
      -8,511
      -581
      -7,989
      843
      -289
      1,952
      -2,492
      -227
      72
      -2,287
      -1,608
      -3,769
      12
      -11
      18
      -6,816
      -108
      -1,989
      4,093
      -173
      1,932
      -54
      -3,271
      75
      -5,713
      1
      -2,267
      -23,394
      -79
      -451
      -8,513
      1,385
      -25,943
      902
      -181
      1,722
      790
      3,174
      -54,161
      -5,712
      1
      -937
      -18,717
      -61
      -451
      -5,115
      1,637
      -21,823
      779
      -88
      118
      1,172
      -935
      -3,612
      -12,197
      -1,593
      -2,870
      -2,336
      -1
      -1,144
      -2,269
      -433
      -5,087
      306
      -90
      -914
      530
      -48
      -31,245
      -938
      -402
      -1,438
      -2,337
      -28
      459
      -16,347
      -391
      -4,071
      307
      -93
      -462
      402
      -49
      5,999
      -8,460
      -6,094
      -1,435
       
      -4
      765
      -30,318
      -348
      -34,468
      133
      -1,458
      -457
      100
      157
      437
      -939
      -787
      -2,320
      -17,170
      815
      2,077
      -2,458
      -69
      -2,129
      2,790
      -404
      -114
      321
      1,075
      -3,757
      -4,338
      -2,339
      -16,634
      268
      256
      -26,940
      -73
      -14,983
      732
      -200
      -342
      424
      1,168
      -937
      -795
      -1,879
      -25,552
      15
      -22,518
      -12,267
      -24,984
      -101
      8,056
      245
      -12,714
      110
      1,116
      -22,491
      -778
      -1,365
      -14,115
      152
      -12,741
      -10,629
      -26,445
      -4,314
      717
      91
      -19,997
      109
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 -1,069,521
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 19,776
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 228,710 2,861,696 0.079921
2008 220,346 3,483,947 0.063246
2007 188,864 4,554,666 0.041466
2006 235,546 4,551,336 0.051753
2005 229,521 4,541,710 0.050536
2 Total of line 1, column (d) ...................... 2 0.286922
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 0.057384
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 3,073,176
5 Multiply line 4 by line 3....................... 5 176,351
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,227
7 Add lines 5 and 6......................... 7 178,578
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,098,203
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 2,227
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 2,227
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 2,227
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 2,700
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 2,700
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 473
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet473 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletRI
    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 ofbulletARNOLD GALKIN Telephone no.bullet (401) 331-6851
    Located atbullet27 DRYDEN LANEPROVIDENCERI ZIP+4bullet02904
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
     
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
     
    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
    ARNOLD GALKINClick to see attachment AS NEEDED
    2.00
    0 0 0
    4 MOUNT AVE
    PROVIDENCE,RI02906
    IRWIN GALKINClick to see attachment AS NEEDED
    2.00
    18,000 0 0
    11642 LOSANO DRIVE
    BOYNTON BEACH,FL33437
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    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)
    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  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,786,833
    b
    Average of monthly cash balances.......................
    1b
    333,143
    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
    3,119,976
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d..........................
    3
    3,119,976
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    46,800
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,073,176
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    153,659
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    153,659
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    2,227
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,227
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    151,432
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    151,432
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    151,432
    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
    1,098,203
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,098,203
    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
    2,227
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    1,095,976
    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 7 151,432
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 71,787
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 1,098,203
    a Applied to 2009, but not more than line 2a 71,787
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)
     
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...
     
    d Applied to 2010 distributable amount..... 151,432
    e Remaining amount distributed out of corpus 874,984
    5 Excess distributions carryover applied to 2010.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 874,984
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........
     
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...
     
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........
     
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........
     
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............
     
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......
    874,984
    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.... 874,984
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    ARNOLD GALKIN
    C/O RHM LLP 27 DRYDEN LANE
    PROVIDENCE,RI02904
    (401) 331-6854
    bThe form in which applications should be submitted and information and materials they should include:
    A REQUEST
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    ACLU FOUNDATION
    125 BROAD STREET
    NEW YORK,NY10004
      PUBLIC GENERAL 100
    AIDS CARE OCEAN STATE
    18 PARKIS AVE
    PROVIDENCE,RI02907
      PUBLIC GENERAL 1,000
    AMERICAN CANCER SOCIETY
    931 JEFFERSON BLVD
    WARWICK,RI02886
      PUBLIC GENERAL 50
    AMERICAN COMM WEIZMAN
    633 THIRD AVE
    NEW YORK,NY10017
      PUBLIC GENERAL 1,000
    AMERICAN FRIENDS OF HEBRE
    1 BATTERY PARK PLAZA
    NEW YORK,NY10042
      PUBLIC GENERAL 150
    AMERICAN FRIENDS RED MAGE
    1352 7TH AVENUE
    NEW YORK,NY10001
      PUBLIC GENERAL 1,600
    AMERICAN HEART ASSOCIATIO
    7272 GREENVILLE AVE
    DALLAS,TX75231
      PUBLIC GENERAL 50
    AMERICAN JEWISH COMMITTEE
    165 EAST 56TH STREET
    NEW YORK,NY10022
      PUBLIC GENERAL 500
    AMERICAN MELANOMA FOUNDAT
    4150 REGENTS PARK ROW
    LA JOLLA,CA92037
      PUBLIC GENERAL 1,500
    AMERICANS UNITED
    518 C STREET
    WASHINGTON,DC20002
      PUBLIC GENERAL 100
    ANTI DEFAMATION LEAGUE
    PO BOX 96226
    WASHINGTON,DC20090
      PUBLIC GENERAL 100
    B'NAI B'RITH INTERNATIONA
    2020 K STREET NW
    WASHINGTON,DC20006
      PUBLIC GENERAL 220
    BROWN - RISD HILLEL FOUND
    80 BROWN STREET
    PROVIDENCE,RI02906
      PUBLIC GENERAL 500
    BROWN UNIVERSITY ENGINEER
    BOX D 182 HOPE STREET
    PROVIDENCE,RI02912
      PUBLIC GENERAL 1,000
    BROWN UNIVERSITY MEDICAL
    593 EDDY STREET
    PROVIDENCE,RI02903
      PUBLIC GENERAL 1,000
    CAMERA
    PO BOX 35040
    BOSTON,MA02135
      PUBLIC GENERAL 1,000
    CASE WESTERN RESERVE
    10900 EUCLID AVE
    CLEVELAND,OH44106
      PUBLIC GENERAL 500
    CHILDRENS MIRACLE
    205 WEST 700 SOUTH
    SALT LAKE CITY,UT84101
      PUBLIC GENERAL 500
    CHORUS OF EAST PROVIDENCE
    PO BOX 14563
    EAST PROVIDENCE,RI02914
      PUBLIC GENERAL 500
    CLEVELAND HILLELFOUNDATIO
    11291 EUCLID AVE
    CLEVELAND,OH44106
      PUBLIC GENERAL 500
    CROSS ROADS RI
    160 BROAD STREET
    PROVIDENCE,RI02903
      PUBLIC GENERAL 100
    DOCTORS WITHOUT BORDERS U
    333 7TH AVENUE 2ND FLOOR
    NEW YORK,NY10001
      PUBLIC GENERAL 1,000
    DORCAS PLACE PARENT LITER
    220 ELMWOOD AVE
    PROVIDENCE,RI02907
      PUBLIC GENERAL 100
    EAST GREENWICH ANIMAL PRO
    PO BOX 184
    EAST GREENWICH,RI02818
      PUBLIC GENERAL 100
    EASTER SEALS
    233 SOUTH WACKER DRIVE
    CHICAGO,IL60606
      PUBLIC GENERAL 100
    FRANKLIN PIERCE COLLEGE S
    40 UNIVERSARY DRIVE
    RINDGE,NH03461
      PUBLIC GENERAL 1,000
    GUIDE DOG FOUNDATION FOR
    371 E JERICHO TURNPIKE
    SMITHTOWN,NY11787
      PUBLIC GENERAL 50
    HADASSAH
    1150 NEW LONDON AVE
    CRANSTON,RI02920
      PUBLIC GENERAL 500
    HARVARD SCHOOL OF DENTAL
    188 LONGWOOD AVE
    BOSTON,MA02115
      PUBLIC GENERAL 1,000
    HILLEL FOUNDATION AT UNIV
    12 FRATERINTY CIRCLE
    KINGSTOWN,RI02881
      PUBLIC GENERAL 100
    HOLOCAUST EDUCATION RES
    401 ELMGROVE AVE
    PROVIDENCE,RI02906
      PUBLIC GENERAL 500
    HOSPICE BY THE SEA
    1531 WEST PALMETTO PK RD
    BOCA RATON,FL33486
      PUBLIC GENERAL 1,000
    ISRAEL CHILDRENS CENTER
    3275 W HILSBORO BLVD
    DEERFIELD,FL33442
      PUBLIC GENERAL 100
    JEWISH COMMUNITY CENTER O
    401 ELMGROVE AVE
    PROVIDENCE,RI02906
      PUBLIC GENERAL 500
    JEWISH COMMUNITY DAY SCHO
    85 TAFT AVE
    PROVIDENCE,RI02906
      PUBLIC GENERAL 500
    JEWISH FAMILY SERVICE
    959 NORTH MAIN STREET
    PROVIDENCE,RI02904
      PUBLIC GENERAL 150
    JEWISH FEDERATION OF RHOD
    401 ELMGROVE AVE
    PROVIDENCE,RI02906
      PUBLIC GENERAL 1,031,000
    JEWISH VOICE HERALD
    130 SESSIONS STREET
    PROVIDENCE,RI02906
      PUBLIC GENERAL 200
    JEWISH WAR VETERANS OF TH
    1811 R STREET NW
    WASHINGTON,DC20009
      PUBLIC GENERAL 50
    LEUKEMIA AND LYMPHOMA SOC
    1311 MAMARONECK AVE
    WHITE PLAINS,NY10605
      PUBLIC GENERAL 100
    MARCH OF DIMES
    1275 MAMARONECK AVE
    WHITE PLAINS,NY10605
      PUBLIC GENERAL 100
    MASS SOC PREVENTION OF C
    99 SUMMER STREET 6TH FLOO
    BOSTON,MA02110
      PUBLIC GENERAL 1,500
    MAZON
    10495 SANTA MONICA BLVD
    LOS ANGELOS,CA90025
      PUBLIC GENERAL 1,500
    MEALS ON WHEELS
    70 BATH STREET
    PROVIDENCE,RI02908
      PUBLIC GENERAL 100
    MEMORIAL SLOAN KETTERING
    1275 YORK AVENUE
    NEW YORK,NY10065
      PUBLIC GENERAL 1,000
    MIRIAM HOSPITAL FOUNDATIO
    164 SUMMIT AVE
    PROVIDENCE,RI02906
      PUBLIC GENERAL 10,000
    MISC CONTIBUTIONS 250
    27 DRYDEN LANE
    PROVIDENCE,RI02904
      PUBLIC GENERAL 1,525
    NATIONAL JEWISH MEDICAL
    1400 JACKSON STREET
    DENVER,CO80206
      PUBLIC GENERAL 50
    NATIONAL MULTIPLE SCLEROS
    PO BOX 4527
    NEW YORK,NY10163
      PUBLIC GENERAL 50
    NATURE CONSERVANCY
    4245 N FAIRFAX DRIVE
    ARLINGTON,VA22203
      PUBLIC GENERAL 100
    NECON
    2 REGENCY PLAZA
    PROVIDENCE,RI02903
      PUBLIC GENERAL 1,000
    PERKINS SCHOOL FOR THE BL
    175 N BEACON STREET
    WATERTOWN,MA02472
      PUBLIC GENERAL 100
    PROJECT BREAD-THE WALK FO
    145 BORDER STREET
    E BOSTON,MA02128
      PUBLIC GENERAL 1,500
    PROSTATE CANCER FOUNDATIO
    1250 FOURTH STREET
    SANTA MONICA,CA90401
      PUBLIC GENERAL 1,600
    PROVIDENCE CHILDRENS MUSE
    100 SOUTH STREET
    PROVIDENCE,RI02903
      PUBLIC GENERAL 50
    PROVIDENCE HEBREW DAY SCH
    450 ELMGROVE AVE
    PROVIDENCE,RI02906
      PUBLIC GENERAL 2,000
    PROVIDENCE PUBLIC SCHOOLS
    797 WESTMINSTER STREET
    PROVIDENCE,RI02903
      PUBLIC GENERAL 308
    RHODE ISLAND COMMUNITY AN
    80 WASHINGTON STREET
    PROVIDENCE,RI02903
      PUBLIC GENERAL 500
    RHODE ISLAND FREE CLINIC
    655 BROAD STREET
    PROVIDENCE,RI02907
      PUBLIC GENERAL 1,600
    RHODE ISLAND JEWISH HISTO
    130 SESSIONS STREET
    PROVIDENCE,RI02906
      PUBLIC GENERAL 50
    RHODE ISLAND SPCA
    186 AMARAL STREET
    RIVERSIDE,RI02915
      PUBLIC GENERAL 100
    RHODE ISLAND ZOOLOGICAL S
    1000 ELMWOOD AVE
    PROVIDENCE,RI02907
      PUBLIC GENERAL 50
    RI COMMUNITY FOOD BANK
    200 NIANTIC AVE
    PROVIDENCE,RI02907
      PUBLIC GENERAL 2,500
    RI PBS
    50 PAARK LANE
    PROVIDENCE,RI02907
      PUBLIC GENERAL 50
    ROCKY HILL SCHOOL ANNUAL
    530 IVES AVE
    EGREENWICH,RI02818
      PUBLIC GENERAL 500
    RONALD MCDONALD HOUSE
    45 GAY STREET
    PROVIDENCE,RI02905
      PUBLIC GENERAL 500
    SALVATION ARMY
    20 MINER STREET
    PROVIDENCE,RI02905
      PUBLIC GENERAL 100
    SAVE THE BAY
    100 BAYVIEW DRIVE
    PROVIDENCE,RI02905
      PUBLIC GENERAL 1,600
    SHADE FOUNDATION
    3811 E BELL ROAD
    PHOENIX,AZ85032
      PUBLIC GENERAL 100
    SIMON WIESENTHAL CENTER
    1399 ROXBURY
    LOS ANGELES,CA90035
      PUBLIC GENERAL 500
    SLATER MILL
    67 ROOSEVELT AVE
    PAWTUCKET,RI02860
      PUBLIC GENERAL 100
    SUSAN B KOMEN BREAST
    5005 LBJ FREEWAY
    DALLAS,TX75244
      PUBLIC GENERAL 1,500
    TAMANISK FOUNDATIONS
    3 SHALOM DRIVE
    WARWICK,RI02886
      PUBLIC GENERAL 1,000
    TEMPLE SINAI ANNUAL FUND
    30 HAGEN AVE
    CRANSTON,RI02920
      PUBLIC GENERAL 6,603
    TEMPLE SINAI MEMORIAL FUN
    30 HAGEN AVE
    CRANSTON,RI02920
      PUBLIC GENERAL 1,000
    TEMPLE TORAT YISRAEL
    330 PARK AVENUE
    CRANSTON,RI02910
      PUBLIC GENERAL 97
    TEMPLE TORAT YISRAEL ANNU
    330 PARK AVENUE
    CRANSTON,RI02910
      PUBLIC GENERAL 5,000
    TOURO SYNAGOGUE FOUNDATIO
    85 TOURO STREET
    NEWPORT,RI02840
      PUBLIC GENERAL 50
    UNITED MOES CHITIM FUND
    959 NORTH MAIN STREET
    PROVIDENCE,RI02903
      PUBLIC GENERAL 100
    VOLUNTEER SERVICES FOR AN
    PO BOX 6263
    PROVIDENCE,RI02940
      PUBLIC GENERAL 100
    WOMEN INFANTS HOSPITAL
    101 DUDLY STREET
    PROVIDENCE,RI02905
      PUBLIC GENERAL 250
    WORLD JEWISH CONGRESS
    212 BISCAYNE BLVD
    MIAMI,FL33137
      PUBLIC GENERAL 1,500
    ZIONIST ORGANIZATION
    50 W 58TH ST
    NEW YORK,NY10019
      PUBLIC GENERAL 250
    Total .................................bullet 3a 1,098,203
    bApproved for future payment
    Total ..................................bullet 3b  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 78,457  
    4 Dividends and interest from securities....     14 149,025  
    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 -1,069,521  
    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)..   -842,039  
    13Total. Add line 12, columns (b), (d), and (e)...................
    13-842,039
    (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:
    IRA S& ANNA GALKIN CHARITABLE TR
    C/O ROSENSTEINHALPER & MASELLI LLP
    EIN: 05-6006231
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ROSENSTEIN HALPER & MASELLI 4,450 4,450    

    TY 2010 CompensationExplanation
    Name:
    IRA S& ANNA GALKIN CHARITABLE TR
    C/O ROSENSTEINHALPER & MASELLI LLP
    EIN: 05-6006231
    Person Name Explanation
    ARNOLD GALKIN  
    IRWIN GALKIN  

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    IRA S& ANNA GALKIN CHARITABLE TR
    C/O ROSENSTEINHALPER & MASELLI LLP
    EIN: 05-6006231
    Name of Bond End of Year Book Value End of Year Fair Market Value
    25,000 SHRS-GENERAL MOTORS ACCEPTANC 25,000 24,255
    50,000 SHRS-GENERAL MOTORS 49,955 18,130
    5000 SHRS-RHODE ISLAND CLEAN WTR 4,876 4,190

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    IRA S& ANNA GALKIN CHARITABLE TR
    C/O ROSENSTEINHALPER & MASELLI LLP
    EIN: 05-6006231
    Name of Stock End of Year Book Value End of Year Fair Market Value
    WELLS FARGO ADVISORS 2,588,481 2,347,986

    TY 2010 OtherExpensesSchedule
    Name:
    IRA S& ANNA GALKIN CHARITABLE TR
    C/O ROSENSTEINHALPER & MASELLI LLP
    EIN: 05-6006231
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    FILING FEE 50 50    
    OFFICE EXPENSES 191 191    


    TY 2010 OtherIncreasesSchedule
    Name:
    IRA S& ANNA GALKIN CHARITABLE TR
    C/O ROSENSTEINHALPER & MASELLI LLP
    EIN: 05-6006231
    Description Amount
    NON DIVIDEND DISTRIBUTION 12,977


    TY 2010 TaxesSchedule
    Name:
    IRA S& ANNA GALKIN CHARITABLE TR
    C/O ROSENSTEINHALPER & MASELLI LLP
    EIN: 05-6006231
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 68 68    
    FED TAX 1,890