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
LUNDER FOUNDATION CO KENILWORTH INC
 

Number and street (or P.O. box number if mail is not delivered to street address)TWO MONUMENT SQUARE NO 530   Room/suite
City or town, state, and ZIP code
PORTLAND, ME04101
A Employer identification number

01-0437556
B Telephone number (see page 10 of the instructions)

(207) 775-7676
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$19,661,317J 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 33 33  
4 Dividends and interest from securities......      
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 1,667,657
b Gross sales price for all assets on line 6a 1,675,987
7 Capital gain net income (from Part IV, line 2)... 124,590
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,667,690 124,623  
Operating and Administrative Expenses 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)......... Click to see attachment 244 0   244
b Accounting fees (attach schedule)....... Click to see attachment 2,465 0   2,465
c Other professional fees (attach schedule).... Click to see attachment 59,039 29,520   29,519
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 5,337 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,775 0   3,775
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 70,860 29,520   36,003
25 Contributions, gifts, grants paid........ 1,599,222 1,599,222
26 Total expenses and disbursements. Add lines 24 and 25 1,670,082 29,520   1,635,225
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,392
b Net investment income (if negative, enter -0-) 95,103
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............... 26,210 32,148 32,148
2 Savings and temporary cash investments.......... 1,792 1,792 1,792
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)........ 106,685 Click to see attachment98,355 19,627,377
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 134,687 132,295 19,661,317
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 134,687 132,295
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see page 17 of the
instructions).................... 134,687 132,295
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 134,687 132,295
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)............... 1 134,687
2 Enter amount from Part I, line 27a...................... 2 -2,392
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 132,295
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 132,295
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 1 SH BERKSHIRE HATHAWAY INC CL A   1993-11-07 2010-11-10
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 125,194   604 124,590
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       124,590
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 124,590
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2009 568,597 16,805,085 0.033835
2008 1,097,005 22,517,484 0.048718
2007 1,210,152 21,935,525 0.055169
2006 749,000 16,859,500 0.044426
2005 725,188 14,292,387 0.050739
2 Total of line 1, column (d) ...................... 2 0.232887
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 0.046577
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 20,436,484
5 Multiply line 4 by line 3....................... 5 951,870
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 951
7 Add lines 5 and 6......................... 7 952,821
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,635,225
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 1 951
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 951
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- ..... 5 951
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 3,000
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 3,000
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 2,049
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet960 Refunded Bullet 11 1,089
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletME
    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 ofbulletKENILWORTH INC Telephone no.bullet (207) 775-7676
    Located atbullet2 MONUMENT SQ SUITE 530PORTLANDME ZIP+4bullet04101
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    PETER LUNDER TREASURER & DIRECTOR
    4.00     		0 0 0
    KENILWORTH INC 2 MONUMENT SQ SUITE
    530
    PORTLAND,ME04101
    PAULA LUNDER CHAIRMAN & DIRECTOR
    4.00     		0 0 0
    KENILWORTH INC 2 MONUMENT SQ SUITE
    530
    PORTLAND,ME04101
    JOHN B EMORY PRESIDENT
    4.00     		0 0 0
    KENILWORTH INC 2 MONUMENT SQ SUITE
    530
    PORTLAND,ME04101
    STEVEN LUNDER DIRECTOR
    1.00     		0 0 0
    131 NEWTON STREET
    WESTON,MA024932314
    ALAN LUNDER DIRECTOR
    1.00     		0 0 0
    189 BRIDLE TRAIL ROAD
    NEEDHAM,MA02492
    MARC LUNDER DIRECTOR
    1.00     		0 0 0
    6 BIGELOW AVENUE
    MILL VALLEY,CA94941
    MARJORIE L GOLDY DIRECTOR
    4.00     		0 0 0
    17 BRICKYARD LANE
    WESTBOROUGH,MA01581
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    KENILWORTH INC INVESTMENT & GRANT ADMINISTRATION 59,039
    TWO MONUMENT SQ SUITE 530
    PORTLAND,ME04101
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 NONE 0
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NONE 0
    2  
    All other program-related investments. See page 24 of the instructions.
    3 Click to see attachment 0
    Total. Add lines 1 through 3...........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    20,716,728
    b
    Average of monthly cash balances.......................
    1b
    30,972
    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
    20,747,700
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d..........................
    3
    20,747,700
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    311,216
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,436,484
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    1,021,824
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,021,824
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    951
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    951
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,020,873
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    1,020,873
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    1,020,873
    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
    1,635,225
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,635,225
    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
    951
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    1,634,274
    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 1,020,873
    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....... 13,500
    b From 2006.......  
    c From 2007....... 108,601
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e......... 122,101
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 1,635,225
    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..... 1,020,873
    e Remaining amount distributed out of corpus 614,352
    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 5 736,453
    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) .............     		13,500
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		722,953
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007.... 108,601
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010.... 614,352
    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).)
    PETER LUNDER
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    THE LUNDER FOUNDATION CO KENILWORTH
    TWO MONUMENT SQUARE SUITE 530
    PORTLAND,ME04101
    (207) 775-7676
    bThe form in which applications should be submitted and information and materials they should include:
    1. A BRIEF (1-3 PAGE) LETTER DESCRIBING THE PROJECT, DRIVE OR CAMPAIGN. THIS SHOULD INCLUDE A STATEMENT OF NEED, NUMBER OF PEOPLE BENEFITED, GEOGRAPHIC AREA SERVED, TOTAL FUND RAISING GOAL, AND AMOUNT REQUESTED FROM THE FOUNDATION. 2. CAPITAL CAMPAIGNS AND SPECIAL PROJECTS SHOULD ALSO INCLUDE A BUDGET. 3. ORGANIZATIONS SHOULD ENCLOSE A COPY OF THEIR 501(C)(3) DETERMINATION LETTER. 4. OTHER SUPPORTING MATERIALS.
    cAny submission deadlines:
    NONE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION CONTRIBUTES TO ORGANIZATIONS IN THE FIELDS OF HIGHER EDUCATION, THE ARTS AND HEALTH CARE. THE FOUNDATION ALSO CONTRIBUTES TO WORTHY CHARITIES WITHIN ITS PRINCIPAL AREA OF GEOGRAPHIC INTEREST OF MAINE AND MASSACHUSETTS. WHEN CONSIDERING MAJOR GRANTS, THE FOUNDATION NORMALLY REQUIRES THAT THE GRANTEE RAISE MATCHING FUNDS FROM OTHER ORGANIZATIONS AND INDIVIDUALS IN ORDER TO QUALIFY FOR THE GRANT.
    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
    ABBY'S HOUSE
    52 HIGH STREET
    WORCESTER,MA016092499     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    ACT OF LOVE ADOPTIONS
    MSPCC 99 SUMMER STREET - 6TH FLOOR
    BOSTON,MA02110     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 1,000
    ADOPTION COMMUNITY OF NEW ENGLAND INC
    45 LYMAN ST 2
    WESTBOROUGH,MA01581     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    ADDISON GALLERY OF AMERICAN ART
    PHILLIPS ACADEMY
    ANDOVER,MA018104161     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    ALZHEIMER'S ASSOCIATION
    311 ARSENAL ST
    WATERTOWN,MA02472     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 50
    AMERICAN ACADEMY IN ROME
    7 EAST 60 STREET
    NEW YORK,NY100221001     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    AMERICAN FRIENDS OF THE ISRAEL MUSEUM
    500 FIFTH AVENUE SUITE 2540
    NEW YORK,NY10110     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    AMERICAN UNIVERSITY
    4400 MASSACHUSETTS AVE NW
    WASHINGTON,DC200168144     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 100
    BABSON COLLEGE
    OFFICE OF DEVELOPMENT AND ALUMNI
    RELATION
    BABSON PARK,MA024570310     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 2,000
    BOSTON COLLEGE
    ONE BOSTON PLACE
    BOSTON,MA021084402     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 25,364
    BOYS & GIRLS CLUB AND YMCA
    126 NORTH STREET
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 500
    CHILDREN'S HOSPITAL BOSTON
    THE CHILDRENS FUND 1 AUTUMN STREET
    731
    BOSTON,MA022155301     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    CHILDREN'S MUSEUM OF MAINE
    142 FREE STREET
    PORTLAND,ME04101     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    COLBY COLLEGE
    5600 MAYFLOWER HILL DRIVE
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 300
    COLBY COLLEGE
    5600 MAYFLOWER HILL DRIVE
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY WHISTLER CONSORTIUM 16,667
    COLBY COLLEGE
    5600 MAYFLOWER HILL DRIVE
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY ALUMNI FUND-LUNDER SCHOLARS 24,838
    COLBY COLLEGE
    5600 MAYFLOWER HILL DRIVE
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY DIRECTOR'S DISCRETIONARY FUND 1,000
    COLBY COLLEGE
    5600 MAYFLOWER HILL DRIVE
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY FRIENDS OF ART 1,000
    COLBY COLLEGE
    5600 MAYFLOWER HILL DRIVE
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY LUNDER COLLECTION ENDOWMENT 125,036
    COLBY COLLEGE
    5600 MAYFLOWER HILL DRIVE
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY MUSEUM FUND 5,486
    COLBY COLLEGE
    5600 MAYFLOWER HILL DRIVE
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY MUSIC FUND 100
    COLGATE UNIVERSITY
    13 OAK DRIVE
    HAMILTON,NY133469989     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 2,000
    COMBINED JEWISH PHILANTHROPIES
    126 HIGH ST
    BOSTON,MA021102700     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 1,000
    CONGREGATION B'NAI SHALOM
    117 EAST MAIN STREET PO BOX 1019
    WESTBOROUGH,MA01581     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 500
    CONGREGATION BETH ISRAEL
    291 MAIN ST PO BOX 1882
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 3,500
    CROHN'S & COLITIS FOUNDATION OF AMERICA
    1640 SOUTH SEPULVEDA BLVD STE 214
    LOS ANGELES,CA900259633     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    DANA FARBER
    10 BROOKLINE PLACE WEST 6TH FLOOR
    BROOKLINE,MA024457226     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 161,045
    DEXTER HEALTH CARE PATIENT FACILITY
    64 PARK ST
    DEXTER,ME04930     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 100
    DEXTER HISTORICAL SOCIETY
    PO BOX 481
    DEXTER,ME04930     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 250
    DEXTER PUBLIC HEALTH ASSOC
    PO BOX 516
    DEXTER,ME04930     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 50
    DOWNEAST HORIZONS
    1200 STATE HIGHWAY 3
    BAR HARBOR,ME04609     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    FACING HISTORY AND OURSELVES
    16 HURD ROAD
    BROOKLINE,MA024456919     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    FFANY SHOES ON SALE
    5 GREENWICH OFFICE PARK
    GREENWICH,CT06831     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 1,000
    FLORIDA STAGE
    262 S OCEAN BLVD
    MANALAPAN,FL33462     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 1,000
    FLORIDA STAGE
    262 S OCEAN BLVD
    MANALAPAN,FL33462     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    FRIENDS OF GLASGOW UNIVERSITY
    198 WEST RIVER ROAD
    MILFORD,CT06460     		NO RELATIONSHIP PUBLIC CHARITY EDUCATIONAL PROGRAM 1,667
    HARVARD UNIVERSITY ART MUSEUMS
    HARVARD UNIVERSITY ART MUSEUMS 32
    QUINCY STREET
    CAMBRIDGE,MA021389859     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    HEBREW SENIOR LIFE
    1200 CENTRE ST
    BOSTON,MA021311097     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 100
    HEBREW SENIOR LIFE
    1200 CENTRE ST
    BOSTON,MA021311097     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 10,065
    HEBRON ACADEMY
    PO BOX 309
    HEBRON,ME042380309     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 1,000
    HEBRON ACADEMY
    PO BOX 309
    HEBRON,ME042380309     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 50
    HELEN & ROBERT EL STRIDER SCHOLARSHIP
    4345 MAYFLOWER HILL DRIVE
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY SCHOLARSHIP FUND 100
    HOLDERNESS SCHOOL
    CHAPEL LANE ROUTE 175 PO BOX 1879
    PLYMOUTH,NH03264     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 1,000
    HOLDERNESS SCHOOL
    CHAPEL LANE ROUTE 175 PO BOX 1879
    PLYMOUTH,NH03264     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 500
    HOSPICE OF SOUTHERN MAINE
    11 HUNNEWELL ROAD
    SCARBOROUGH,ME04074     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 100
    HOSPICE VOLUNTEERS OF WATERVILLE
    304 MAIN STREET PO BOX 200
    WATERVILLE,ME049030200     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 1,000
    JEFFREY S PAROLA FOUNDATION
    PO BOX 451
    SOUTH CHINA,ME04358     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    JEWISH COMMUNITY CENTER OF THE N SHORE
    4 COMMUNITY ROAD
    MARBLEHEAD,MA01945     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 200
    JEWISH FEDERATION OF CENTRAL MASSACHUSETTS
    633 SALISBURY STREET
    WORCESTER,MA01609     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 500
    KENNEBEC BEHAVIORAL HEALTH
    KMHA FOUNDATION INC 67 EUSTIS
    PARKWAY
    WATERVILLE,ME049015173     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 250
    KIDDO
    409 SYCAMORE AVENUE
    MILL VALLEY,CA949402231     		NO RELATIONSHIP PUBLIC CHARITY EDUCATIONAL PROGRAM 5,000
    KVCC
    92 WESTERN AVENUE
    FAIRFIELD,ME04937     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 25,364
    LESLEY UNIVERSITY
    29 EVERETT STREET
    CAMBRIDGE,MA021382790     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 1,000
    LESLEY UNIVERSITY
    29 EVERETT STREET
    CAMBRIDGE,MA021382790     		NO RELATIONSHIP PUBLIC CHARITY LUNDER SCHOLARS FUND 40,468
    LEVEY DAY SCHOOL
    400 DEERING AVENUE
    PORTLAND,ME04103     		NO RELATIONSHIP PUBLIC CHARITY SCHOLARSHIP FUND 100
    LITERACY VOLUNTEERS - WATERVILLE
    PO BOX 1645
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 100
    MAINE CHILDRENS HOME FOR LITTLE WANDERERS
    DEVELOPMENT OFFICE 93 SILVER STREET
    WATERVILLE,ME049015923     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    MAINE COLLEGE OF ART
    97 SPRING STREET
    PORTLAND,ME04101     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 1,500
    MAINE COLLEGE OF ART
    97 SPRING STREET
    PORTLAND,ME04101     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 1,000
    MAINE COLLEGE OF ART
    97 SPRING STREET
    PORTLAND,ME04101     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 100
    MAINE COLLEGE OF ART
    97 SPRING STREET
    PORTLAND,ME04101     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 120,785
    MAINE COMMUNITY FOUNDATION
    245 MAIN STREET
    ELLSWORTH,ME04605     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 68,298
    MAINE COMMUNITY FOUNDATION
    245 MAIN STREET
    ELLSWORTH,ME04605     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 72,618
    MAINE PUBLIC BROADCASTING
    1450 LISBON STREET
    LEWISTON,ME042403595     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 1,000
    MAINE PUBLIC BROADCASTING
    1450 LISBON STREET
    LEWISTON,ME042403595     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 100
    MAINE SPORTS HALL OF FAME
    23 JOE AVENUE
    WINSLOW,ME04901     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 100
    MASSACHUSETTS EYE AND EAR INFIRMARY
    DEVELOPMENT OFFICE 243 CHARLES
    STREET
    BOSTON,MA02114     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    MCNAY ART MUSEUM
    PO BOX 6069
    SAN ANTONIO,TX782090069     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 1,000
    MEMORIAL SLOAN-KETTERING CANCER CENTER
    PO BOX 750
    NEW YORK,NY10021     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 100
    MUSEUM OF FINE ARTS
    465 HUNINGTON AVENUE
    BOSTON,MA02115     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 62,500
    MUSEUM OF FINE ARTS
    465 HUNINGTON AVENUE
    BOSTON,MA02115     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 189,135
    MID-MAINE HOMELESS SHELTER
    28 TICONIC STREET PO BOX 2612
    WATERVILLE,ME049032612     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 200
    MSPCC
    DEVELOPMENT OFFICE 99 SUMMER STREET
    BOSTON,MA02110     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    MAINE CHAPTER PO BOX 798
    PORTLAND,ME041040798     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    NEW ENGLAND VILLAGE
    OFFICE OF DEVELOPMENT 664 SCHOOL
    STREET
    PEMBROKE,MA02359     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    NEWTON-WELLESLEY HOSPITAL
    CHARITABLE FOUND 2014 WASHINGTON
    STREET
    NEWTON,MA02462     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 250
    PALM BEACH OPERA
    415 SOUTH OLIVE AVENUE
    WEST PALM BEACH,FL33401     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 250
    PINE MANOR COLLEGE
    400 HEATH STREET
    CHESTNUT HILL,MA02467     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 23,022
    PINE MANOR COLLEGE
    400 HEATH STREET
    CHESTNUT HILL,MA02467     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 12,246
    PINE MANOR COLLEGE
    400 HEATH STREET
    CHESTNUT HILL,MA02467     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 1,000
    PINE MANOR COLLEGE
    400 HEATH STREET
    CHESTNUT HILL,MA02467     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 1,000
    PINE TREE CAMP
    PINE TREE CAMP APPEAL PO BOX 518
    BATH,ME04530     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    PORTLAND CHAMBER MUSIC FESTIVAL
    211 MARGINAL WAY PO BOX 9715-277
    PORTLAND,ME04101     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    PORTLAND MUSEUM OF ART
    SEVEN CONGRESS SQUARE
    PORTLAND,ME04101     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 1,000
    PORTLAND MUSEUM OF ART
    SEVEN CONGRESS SQUARE
    PORTLAND,ME04101     		NO RELATIONSHIP PUBLIC CHARITY ART ACQUISITION FUND 1,500
    PORTLAND MUSEUM OF ART
    SEVEN CONGRESS SQUARE
    PORTLAND,ME04101     		NO RELATIONSHIP PUBLIC CHARITY ART ACQUISITION FUND 500
    PORTLAND SYMPHONY ORCHESTRA
    477 CONGRESS STREET MEZZANINE PO
    BOX 3573
    PORTLAND,ME041043573     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 1,500
    ROBERT H SMITH SCHOOL OF BUSINESS
    VAN MUNCHING HALL
    COLLEGE PARK,MD20742     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 100
    SCARBOROUGH ATHLETIC COUNCIL
    PO BOX 1497
    SCARBOROUGH,ME04074     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 25
    SHELBURNE MUSEUM
    PO BOX 10
    SHELBURNE,VT05482     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 1,000
    SMITHSONIAN INSTITUTION
    PO BOX 37012
    WASHINGTON,DC20013     		NO RELATIONSHIP PUBLIC CHARITY FREER WHISTLER CONSORTIUM 60,920
    SMITHSONIAN INSTITUTION
    PO BOX 37012
    WASHINGTON,DC20013     		NO RELATIONSHIP PUBLIC CHARITY GEORGE AULT EXHIBITION 10,000
    SMITHSONIAN INSTITUTION
    PO BOX 37012
    WASHINGTON,DC20013     		NO RELATIONSHIP PUBLIC CHARITY LUNDER CONSERVATION CENTER 402,220
    SMITHSONIAN INSTITUTION
    PO BOX 37012
    WASHINGTON,DC20013     		NO RELATIONSHIP PUBLIC CHARITY NATIONAL BOARD GIVING FUND 10,000
    SKOWHEGAN SCHOOL OF ART
    200 PARK AVENUE SOUTH SUITE 1116
    NEW YORK,NY100031503     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 250
    SMITHSONIAN AMERICAN ART MUSEUM
    MRC 970 PO BOX 37012
    WASHINGTON,DC200137012     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 1,000
    SPURWINK CORP
    899 RIVERSIDE STREET
    PORTLAND,ME04103     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    SPRING HARBOR HOSPITAL
    123 ANDOVER ROAD
    WESTBROOK,ME04092     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 1,000
    SPRING HARBOR HOSPITAL
    123 ANDOVER ROAD
    WESTBROOK,ME04092     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 500
    SUSAN L CURTIS FOUNDATION
    PO BOX 821
    PORTLAND,ME04104     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 50
    THE JACKSON LABORATORY
    610 MAIN STREET
    BAR HARBOR,ME04609     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 250
    THE JEWISH MUSEUM
    1109 5TH AVE 92ND STREET
    NEW YORK,NY10128     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    THE SALVATION ARMY
    207 CUMBERLAND AVE
    PORTLAND,ME04101     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 100
    TOWN OF WESTON EDUCATION ENRICHMENT FUND
    EDUCATION ENRICHMENT FUND
    WESTON,MA02493     		NO RELATIONSHIP PUBLIC CHARITY EDUCATIONAL PROGRAM 500
    TUFTS HILLEL - GRANOFF FAMILY HILLEL CENTER
    220 PACKARD AVE
    MEDFORD,MA02155     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 100
    TUFTS UNIVERSITY
    4 COLBY STREET
    MEDFORD,MA02155     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 13,168
    TUFTS UNIVERSITY
    4 COLBY STREET
    MEDFORD,MA02155     		NO RELATIONSHIP PUBLIC CHARITY SCHOOL OF EDUCATION 1,000
    TWOTEN FOUNDATION
    1466 MAIN STREET
    WALTHAM,MA024511623     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 250
    UNIVERSITY OF CALIFORNIA SAN FRANCISCO
    PO BOX 1726
    SAN FRANCISCO,CA941431726     		NO RELATIONSHIP PUBLIC CHARITY OSHER CENTER 16,265
    UNIVERSITY OF SOUTHERN MAINE
    PO BOX 9300
    PORTLAND,ME041049300     		NO RELATIONSHIP PUBLIC CHARITY LUNDER SCHOLARS / OSHER CHALLENGE 52,185
    UNITED STATES HOLOCAUST MEMORIAL MUSEUM
    60 EAST 42ND STREET SUITE 2540
    NEW YORK,NY101650018     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 1,000
    UNITED WAY OF MID-MAINE INC
    PO BOX 91
    WATERVILLE,ME049030091     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 1,000
    UNIVERSITY OF NEW ENGLAND ART GALLERY
    716 STEVENS AVE
    PORTLAND,ME04103     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    VIETNAM VETERANS MEMORIAL FUND
    NATIONAL PROCESSING CENTER PO BOX
    96764
    WASHINGTON,DC200906764     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    WATERVILLE HISTORICAL SOCIETY
    62 SILVER STREET UNIT B
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    WATERVILLE MAIN STREET
    177 MAIN STREET
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 100
    WATERVILLE OPERA HOUSE & ARTSPACE
    93 MAIN STREET THIRD FLOOR
    WATERVILLE,ME04901     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    WEST PALM BEACH ROTARY CLUB
    1020 BEAR ISLAND DRIVE
    WEST PALM BEACH,FL33409     		NO RELATIONSHIP PUBLIC CHARITY UNRESTRICTED DONATION 35
    WESTBOROUGH EDUCATION FOUNDATION
    PO BOX 59
    WESTBOROUGH,MA01581     		NO RELATIONSHIP PUBLIC CHARITY EDUCATIONAL PROGRAM 100
    WESTBOROUGH FOOD PANTRY
    34 WEST MAIN STREET
    WESTBOROUGH,MA01581     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 250
    WINTERTHUR
    5105 KENNETT PIKE
    WINTERTHUR,DE19735     		NO RELATIONSHIP PUBLIC CHARITY ANNUAL FUND 100
    Total .................................bullet 3a 1,599,222
    bApproved for future payment
    Total ..................................bullet 3b 0
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 33  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 1,667,657  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,667,690 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    131,667,690
    (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:
    LUNDER FOUNDATION CO KENILWORTH INC
    EIN: 01-0437556
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FORM 990PF PREPARATION 2,465 0   2,465

    TY 2010 AllOthProgRltdInvestmentsSch
    Name:
    LUNDER FOUNDATION CO KENILWORTH INC
    EIN: 01-0437556
    Category Amount
    NONE 0

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

    TY 2010 GainLossSaleOtherAssetsSch
    Name:
    LUNDER FOUNDATION CO KENILWORTH INC
    EIN: 01-0437556
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    10 SH BERKSHIRE HATHAWAY CLASS A DONATED   DONATED     1,207,850 6,036   0 1,201,814  
    4271 SH BERKSHIRE HATHAWAY CLASS B DONATED   DONATED     342,943 1,690   0 341,253  

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    LUNDER FOUNDATION CO KENILWORTH INC
    EIN: 01-0437556
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BERKSHIRE HATHAWAY-CL A 97,789 19,512,900
    BERKSHIRE HATHAWAY-CL B 566 114,477

    TY 2010 LegalFeesSchedule
    Name:
    LUNDER FOUNDATION CO KENILWORTH INC
    EIN: 01-0437556
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 244 0   244


    TY 2010 OtherExpensesSchedule
    Name:
    LUNDER FOUNDATION CO KENILWORTH INC
    EIN: 01-0437556
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEES 35 0   35
    OFFICE EXPENSE 1,750 0   1,750
    COMPUTER EXPENSE 1,940 0   1,940
    MISCELLANEOUS 50 0   50


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    LUNDER FOUNDATION CO KENILWORTH INC
    EIN: 01-0437556
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES-KENILWORTH 59,039 29,520   29,519


    TY 2010 TaxesSchedule
    Name:
    LUNDER FOUNDATION CO KENILWORTH INC
    EIN: 01-0437556
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 5,337 0   0