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
SHIPPY FOUNDATION CO THE CLARK ESTATES INC
 

Number and street (or P.O. box number if mail is not delivered to street address)ONE ROCKEFELLER PLAZA 31ST FLOOR   Room/suite
City or town, state, and ZIP code
NEW YORK, NY10020
A Employer identification number

20-4083744
B Telephone number (see page 10 of the instructions)

(212) 977-6900
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$22,769,971J 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) 4,675,083
2 Check bullet
3 Interest on savings and temporary cash investments 3,799 3,799  
4 Dividends and interest from securities...... 197,876 396,015  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 771,546
b Gross sales price for all assets on line 6a 11,084,151
7 Capital gain net income (from Part IV, line 2)... 1,586,128
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)....... Click to see attachment 20,651 28,847  
12 Total. Add lines 1 through 11........ 5,668,955 2,014,789  
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).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 117,504 0   117,504
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 9,966 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 328,674 535,542   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 456,144 535,542   117,504
25 Contributions, gifts, grants paid........ 1,185,000 1,185,000
26 Total expenses and disbursements. Add lines 24 and 25 1,641,144 535,542   1,302,504
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,027,811
b Net investment income (if negative, enter -0-) 1,479,247
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 3,867,856 3,168,303 3,168,303
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) 5,352,832 Click to see attachment2,599,156 2,616,893
b Investments—corporate stock (attach schedule)........ 3,194,514 Click to see attachment3,480,775 4,475,767
c Investments—corporate bonds (attach schedule)........ 0 Click to see attachment2,523,285 2,563,960
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 5,440,310 Click to see attachment10,111,804 9,945,048
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) 17,855,512 21,883,323 22,769,971
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......... 17,855,512 21,883,323
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).................... 17,855,512 21,883,323
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 17,855,512 21,883,323
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 17,855,512
2 Enter amount from Part I, line 27a...................... 2 4,027,811
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 21,883,323
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 21,883,323
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 K-1 INCOME P    
b K-1 INCOME P    
c 475 COVIDIEN PLC P 2010-09-14 2010-12-17
d 47000 CROWN 7.625 '13 P 2010-02-12 2010-08-27
e 525 EMCOR GROUP INC P 2010-11-08 2010-12-07
500 EMCOR GROUP INC P 2010-11-16 2010-12-07
250000 FHLB 0.5 4/11 P 2009-12-30 2010-04-06
250000 FHLB 0.5 4/11 P 2010-01-19 2010-04-06
500000 FHLB 0.8 9/11 P 2009-09-29 2010-06-29
500000 FHLB 0.875 6/11 P 2009-09-15 2010-06-15
500000 FHLB 1.0 10 /12 P 2009-10-28 2010-10-29
500000 FHLB 1.0 10/11 P 2009-10-16 2010-01-28
500000 FHLB 1.0 11/13 P 2010-05-26 2010-11-26
500000 FHLB 1.0 6/15 P 2010-06-21 2010-09-29
500000 FHLB 1.0 8/13 P 2010-02-24 2010-05-26
500000 FHLB 1.00 1/13 P 2010-02-25 2010-04-08
150000 FHLB 1.5 10/'13 P 2010-01-28 2010-04-22
250000 FHLB 1.5 10/11 P 2009-12-30 2010-01-28
150000 FHLB 1.5 10/13 P 2009-12-22 2010-01-29
500000 FHLB 2.0 11/14 P 2009-10-23 2010-02-03
500000 FHLB 2.0 12/24 P 2010-06-02 2010-06-24
500000 FHLB 2.4 10/13 P 2010-04-12 2010-07-28
250000 FHLB 2.5 2/14 P 2010-04-28 2010-05-25
400000 FHLB1.625 11/14 P 2009-11-16 2010-02-24
77000 FLEX 6.25 11/14 P 2010-02-18 2010-12-16
58000 FLEX 6.5 5/13 P 2010-01-08 2010-03-19
19000 FLEX 6.5 5/13 P 2010-01-20 2010-03-19
1900 HJ HEINZ CO P 2009-09-03 2010-03-18
225 LAB CORP P 2010-09-14 2010-12-16
650 OMNICARE INC P 2010-01-21 2010-08-05
2400 OMNICARE INC P 2010-01-22 2010-08-05
400 OMNICARE INC P 2010-05-25 2010-08-05
2100 PETSMART P 2009-08-20 2010-01-27
100 PETSMART P 2009-09-04 2010-01-27
550 PETSMART P 2009-08-20 2010-01-28
1350 PETSMART P 2009-08-20 2010-02-01
1000 PETSMART P 2009-08-20 2010-02-02
133000 PVH 8.125 5/13 P 2009-10-06 2010-06-07
77000 PVH 8.125 5/13 P 2010-01-20 2010-06-07
500000 T 0.375 8/12 P 2010-09-30 2010-12-28
77000 TRINITY6.5 3/14 P 2010-01-06 2010-11-26
3800 VODAFONE PLC P 2010-05-04 2010-08-26
300 VODAFONE PLC P 2010-05-04 2010-08-31
2600 VODAFONE PLC P 2010-05-06 2010-08-31
4400 VODAFONE PLC P 2010-05-18 2010-08-31
1100 VODAFONE PLC P 2010-05-21 2010-08-31
465 WILLIS GROUP P 2010-02-18 2010-12-10
535 WILLIS GROUP P 2010-09-14 2010-12-10
715 WILLIS GROUP P 2010-01-05 2010-12-13
315 WILLIS GROUP P 2010-01-22 2010-12-13
785 WILLIS GROUP P 2010-01-22 2010-12-13
885 WILLIS GROUP P 2010-02-18 2010-12-13
140 WILLIS GROUP P 2009-12-30 2010-12-15
350 WILLIS GROUP P 2010-01-05 2010-12-15
60 WILLIS GROUP P 2010-01-05 2010-12-15
2680 CHARMING SHOPPE P 2008-01-09 2010-01-04
2900 CHARMING SHOPPE P 2008-04-22 2010-01-04
1520 CHARMING SHOPPE P 2008-10-15 2010-01-04
2700 CHARMING SHOPPE P 2008-10-15 2010-01-05
1980 CHARMING SHOPPE P 2008-10-15 2010-01-06
20 CHARMING SHOPPE P 2008-10-16 2010-01-06
2000 CHARMING SHOPPE P 2008-10-16 2010-01-07
2000 CHARMING SHOPPE P 2008-10-16 2010-01-08
1000 CHARMING SHOPPE P 2008-10-16 2010-01-22
680 CHARMING SHOPPE P 2008-10-16 2010-02-02
820 CHARMING SHOPPE P 2008-10-17 2010-02-02
880 CHARMING SHOPPE P 2008-10-17 2010-02-02
820 CHARMING SHOPPE P 2008-10-22 2010-02-02
500 CHARMING SHOPPE P 2008-10-22 2010-02-03
1100 CHARMING SHOPPE P 2008-10-22 2010-02-04
375 CHARMING SHOPPE P 2008-10-22 2010-02-05
1800 CHARMING SHOPPE P 2008-10-22 2010-02-09
1700 CHARMING SHOPPE P 2008-10-22 2010-02-11
1600 CHARMING SHOPPE P 2008-10-22 2010-02-12
1805 CHARMING SHOPPE P 2008-10-22 2010-02-16
295 CHARMING SHOPPE P 2008-11-10 2010-02-16
275 CHARMING SHOPPE P 2008-11-10 2010-02-17
70 CHARMING SHOPPE P 2008-11-06 2010-02-18
930 CHARMING SHOPPE P 2008-11-10 2010-02-18
1700 CHARMING SHOPPE P 2008-11-04 2010-02-19
420 CHARMING SHOPPE P 2008-11-05 2010-02-19
30 CHARMING SHOPPE P 2008-11-06 2010-02-19
320 CHARMING SHOPPE P 2008-11-03 2010-02-22
1180 CHARMING SHOPPE P 2008-11-05 2010-02-22
725 CHARMING SHOPPE P 2008-11-03 2010-02-23
1100 CHARMING SHOPPE P 2008-11-03 2010-02-24
1355 CHARMING SHOPPE P 2008-11-03 2010-02-25
1545 CHARMING SHOPPE P 2008-11-11 2010-02-25
455 CHARMING SHOPPE P 2008-11-11 2010-02-26
800 CHARMING SHOPPE P 2008-11-12 2010-02-26
1700 COVIDIEN PLC P 2008-12-02 2010-02-18
2125 COVIDIEN PLC P 2008-12-02 2010-12-17
26000 CROWN 7.625 '13 P 2009-08-07 2010-08-27
27000 CROWN 7.625 '13 P 2009-08-20 2010-08-27
471 DIGIMARC (NEW) P 2008-10-16 2010-11-29
300 DIGIMARC (NEW) P 2008-10-16 2010-12-03
500 DIGIMARC (NEW) P 2008-10-16 2010-12-06
500 DIGIMARC (NEW) P 2008-10-16 2010-12-09
500 DIGIMARC (NEW) P 2008-10-16 2010-12-14
1000 DIGIMARC (NEW) P 2008-10-16 2010-12-17
1550 DISNEY (WALT) P 2008-06-26 2010-04-08
650 DISNEY (WALT) P 2008-06-30 2010-04-08
850 DISNEY (WALT) P 2008-06-30 2010-04-13
1150 DISNEY (WALT) P 2008-07-01 2010-04-13
450 DISNEY (WALT) P 2008-07-01 2010-04-14
1300 DISNEY (WALT) P 2008-07-07 2010-04-14
250 DISNEY (WALT) P 2008-09-29 2010-04-14
500 DISNEY (WALT) P 2008-07-11 2010-04-16
1050 DISNEY (WALT) P 2008-09-29 2010-04-16
1000 DISNEY (WALT) P 2008-07-11 2010-05-21
5175 DISNEY (WALT) P 2008-11-21 2010-05-21
50 INTERPUBLIC GRP P 2007-09-17 2010-03-23
200 INTERPUBLIC GRP P 2007-10-19 2010-03-23
100 INTERPUBLIC GRP P 2007-10-26 2010-03-23
6400 INTERPUBLIC GRP P 2007-11-01 2010-03-23
6500 INTERPUBLIC GRP P 2007-11-07 2010-03-23
3800 INTERPUBLIC GRP P 2007-12-11 2010-04-29
1500 INTERPUBLIC GRP P 2007-12-12 2010-04-29
1000 INTERPUBLIC GRP P 2008-01-04 2010-04-29
2500 INTERPUBLIC GRP P 2008-03-17 2010-04-29
5100 INTERPUBLIC GRP P 2008-04-15 2010-04-29
2000 INTERPUBLIC GRP P 2008-07-01 2010-04-29
5600 INTERPUBLIC GRP P 2008-01-04 2010-07-13
2800 INTERPUBLIC GRP P 2008-07-11 2010-07-13
32100 INTERPUBLIC GRP P 2008-11-21 2010-07-13
225 LAB CORP P 2009-09-01 2010-12-16
400 MDC PARTNERS P 2007-05-16 2010-01-05
500 MDC PARTNERS P 2007-05-16 2010-01-06
400 MDC PARTNERS P 2007-05-16 2010-01-07
400 MDC PARTNERS P 2007-05-16 2010-01-08
500 MDC PARTNERS P 2007-05-16 2010-01-12
500 MDC PARTNERS P 2007-05-16 2010-01-13
275 MDC PARTNERS P 2007-05-16 2010-01-15
350 MDC PARTNERS P 2007-05-16 2010-01-19
200 MDC PARTNERS P 2007-05-16 2010-01-20
25 MDC PARTNERS P 2007-05-16 2010-01-21
325 MDC PARTNERS P 2007-05-17 2010-01-21
600 MDC PARTNERS P 2007-05-17 2010-01-22
100 MDC PARTNERS P 2007-05-17 2010-01-25
200 MDC PARTNERS P 2007-05-17 2010-01-25
550 MDC PARTNERS P 2007-05-15 2010-01-26
475 MDC PARTNERS P 2007-05-17 2010-01-26
675 MDC PARTNERS P 2007-05-24 2010-01-26
25 MDC PARTNERS P 2007-05-24 2010-01-27
100 MDC PARTNERS P 2007-05-30 2010-01-27
75 MDC PARTNERS P 2007-05-31 2010-01-27
125 MDC PARTNERS P 2007-05-31 2010-01-28
700 MDC PARTNERS P 2007-06-05 2010-01-28
250 MDC PARTNERS P 2007-06-06 2010-01-28
225 MDC PARTNERS P 2008-05-28 2010-01-28
25 MDC PARTNERS P 2008-05-28 2010-01-29
2700 TYCO INTL LTD P 2008-01-18 2010-09-14
200 TYCO INTL LTD P 2008-01-23 2010-09-14
450 VIACOM CLASS B P 2008-08-20 2010-11-23
850 VIACOM CLASS B P 2008-09-04 2010-11-23
850 VIACOM CLASS B P 2008-09-04 2010-11-24
600 VIACOM CLASS B P 2008-09-05 2010-11-24
1050 VIACOM CLASS B P 2008-09-10 2010-11-24
1300 VIACOM CLASS B P 2008-09-10 2010-12-06
50 VIACOM CLASS B P 2008-09-10 2010-12-06
1250 VIACOM CLASS B P 2008-09-15 2010-12-06
(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       190,741
b       623,841
c 22,041   17,845 4,196
d 48,792   48,232 560
e 14,952   14,175 777
14,239   12,579 1,660
250,000   250,078 -78
250,000   250,085 -85
500,000   500,000 0
500,000   500,045 -45
500,000   500,000 0
500,000   500,000 0
500,000   500,000 0
500,000   500,000 0
500,000   500,000 0
500,000   500,000 0
150,000   150,000 0
250,000   250,180 -180
150,000   150,000 0
500,000   500,000 0
500,000   500,000 0
500,000   500,000 0
250,000   250,000 0
400,000   400,000 0
78,604   77,492 1,112
59,256   58,757 499
19,412   19,137 275
90,173   71,434 18,739
19,883   16,590 3,293
14,720   16,200 -1,480
54,351   59,838 -5,487
9,059   9,595 -536
55,324   41,634 13,690
2,634   2,083 551
14,333   10,904 3,429
34,950   26,765 8,185
25,888   19,826 6,062
134,801   135,487 -686
78,043   78,648 -605
498,125   499,762 -1,637
78,669   77,779 890
87,657   82,136 5,521
7,217   6,484 733
62,551   54,608 7,943
105,855   87,483 18,372
26,464   20,398 6,066
15,754   13,109 2,645
18,125   16,744 1,381
24,250   19,061 5,189
10,740   8,539 2,201
26,625   21,280 5,345
30,173   24,950 5,223
4,768   3,706 1,062
11,932   9,331 2,601
2,043   1,600 443
17,435   11,814 5,621
18,865   12,522 6,343
9,888   3,053 6,835
17,133   5,423 11,710
12,215   3,977 8,238
123   35 88
12,293   3,530 8,763
12,088   3,530 8,558
5,583   1,765 3,818
3,958   1,200 2,758
4,773   1,414 3,359
5,122   1,517 3,605
4,773   1,123 3,650
2,909   685 2,224
6,275   1,506 4,769
2,078   513 1,565
10,087   2,464 7,623
9,918   2,327 7,591
9,379   2,190 7,189
10,691   2,471 8,220
1,747   371 1,376
1,631   346 1,285
401   88 313
5,323   1,169 4,154
9,880   2,127 7,753
2,441   521 1,920
175   38 137
1,859   388 1,471
6,857   1,465 5,392
4,053   880 3,173
6,269   1,335 4,934
7,847   1,644 6,203
8,947   1,801 7,146
2,649   531 2,118
4,657   849 3,808
86,188   57,924 28,264
98,604   72,405 26,199
26,991   26,469 522
28,030   27,078 952
14,038   3,561 10,477
8,450   2,268 6,182
14,386   3,780 10,606
14,710   3,780 10,930
15,735   3,780 11,955
30,053   7,560 22,493
55,139   49,271 5,868
23,123   20,327 2,796
30,366   26,581 3,785
41,084   35,284 5,800
16,108   13,807 2,301
46,534   38,968 7,566
8,949   7,445 1,504
17,920   14,507 3,413
37,633   31,269 6,364
32,485   29,016 3,469
168,111   100,085 68,026
433   497 -64
1,730   1,986 -256
865   993 -128
55,373   62,822 -7,449
56,238   58,294 -2,056
35,645   32,847 2,798
14,071   12,933 1,138
9,380   7,718 1,662
23,451   20,041 3,410
47,840   40,099 7,741
18,761   16,125 2,636
43,485   43,219 266
21,742   21,335 407
249,262   99,571 149,691
19,883   15,471 4,412
3,333   3,412 -79
4,196   4,265 -69
3,366   3,412 -46
3,398   3,412 -14
4,306   4,265 41
4,317   4,265 52
2,374   2,346 28
3,062   2,986 76
1,735   1,706 29
214   213 1
2,784   2,772 12
5,098   5,118 -20
872   853 19
1,738   1,706 32
4,735   4,675 60
4,089   4,052 37
5,811   5,691 120
214   211 3
857   827 30
643   619 24
1,074   1,031 43
6,017   5,659 358
2,149   2,010 139
1,934   1,703 231
215   189 26
106,850   92,559 14,291
7,915   6,604 1,311
16,864   12,945 3,919
31,854   23,815 8,039
31,843   23,815 8,028
22,477   16,749 5,728
39,335   28,371 10,964
51,478   35,126 16,352
1,980   1,351 629
49,503   33,565 15,938
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       190,741
b       623,841
c       4,196
d       560
e       777
      1,660
      -78
      -85
      0
      -45
      0
      0
      0
      0
      0
      0
      0
      -180
      0
      0
      0
      0
      0
      0
      1,112
      499
      275
      18,739
      3,293
      -1,480
      -5,487
      -536
      13,690
      551
      3,429
      8,185
      6,062
      -686
      -605
      -1,637
      890
      5,521
      733
      7,943
      18,372
      6,066
      2,645
      1,381
      5,189
      2,201
      5,345
      5,223
      1,062
      2,601
      443
      5,621
      6,343
      6,835
      11,710
      8,238
      88
      8,763
      8,558
      3,818
      2,758
      3,359
      3,605
      3,650
      2,224
      4,769
      1,565
      7,623
      7,591
      7,189
      8,220
      1,376
      1,285
      313
      4,154
      7,753
      1,920
      137
      1,471
      5,392
      3,173
      4,934
      6,203
      7,146
      2,118
      3,808
      28,264
      26,199
      522
      952
      10,477
      6,182
      10,606
      10,930
      11,955
      22,493
      5,868
      2,796
      3,785
      5,800
      2,301
      7,566
      1,504
      3,413
      6,364
      3,469
      68,026
      -64
      -256
      -128
      -7,449
      -2,056
      2,798
      1,138
      1,662
      3,410
      7,741
      2,636
      266
      407
      149,691
      4,412
      -79
      -69
      -46
      -14
      41
      52
      28
      76
      29
      1
      12
      -20
      19
      32
      60
      37
      120
      3
      30
      24
      43
      358
      139
      231
      26
      14,291
      1,311
      3,919
      8,039
      8,028
      5,728
      10,964
      16,352
      629
      15,938
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 1,586,128
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 973,413 17,603,689 0.055296
2008 926,687 19,381,948 0.047812
2007 862,339 19,770,332 0.043618
2006 5,317 15,062,404 0.000353
2005      
2 Total of line 1, column (d) ...................... 2 0.147079
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 0.036770
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 21,778,070
5 Multiply line 4 by line 3....................... 5 800,780
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 14,792
7 Add lines 5 and 6......................... 7 815,572
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,302,504
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 14,792
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 14,792
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 14,792
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 20,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 20,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 284
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 4,924
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet4,924 Refunded Bullet 11 0
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)bulletDE
    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.Click to see attachment
    10
    Yes
     
    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 ofbulletRICHARD C VANISON ASST TREASURER Telephone no.bullet (212) 977-6900
    Located atbulletONE ROCKEFELLER PLAZA 31ST FLOORNEW YORKNY ZIP+4bullet10020
    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
     
     
    .........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
    ANNE L PERETZ PRESIDENT/DIRECTOR
    0.00     		0 0 0
    C/O MOTT PHILANTHROPIC 316 NEWBURY
    ST
    BOSTON,MA02115
    DAVID L FARNSWORTH VICE PRES,TREASURER/DIRECT
    0.00     		0 0 0
    C/O MOTT PHILANTHROPIC 316 NEWBURY
    ST
    BOSTON,MA02115
    ANNE E FARNSWORTH VICE PRESIDENT/DIRECTOR
    0.00     		0 0 0
    C/O MOTT PHILANTHROPIC 316 NEWBURY
    ST
    BOSTON,MA02115
    JESSE W PERETZ VICE PRESIDENT/DIRECTOR
    0.00     		0 0 0
    C/O MOTT PHILANTHROPIC 316 NEWBURY
    ST
    BOSTON,MA02115
    EVGENIA S PERETZ VICE PRES,SECRETARY/DIRECT
    0.00     		0 0 0
    C/O MOTT PHILANTHROPIC 316 NEWBURY
    ST
    BOSTON,MA02115
    RICHARD C VANISON ASST. TREASURER
    0.00     		0 0 0
    ONE ROCKEFELLER PLAZA 31ST FLOOR
    NEW YORK,NY10020
    WILLIAM T BURDICK ASST. SECRETARY
    0.00     		0 0 0
    ONE ROCKEFELLER PLAZA 31ST FLOOR
    NEW YORK,NY10020
    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
    MOTT PHILANTHROPIC PHILANTHROPIC ADVISORY 117,540
    316 NEWBURY STREET
    BOSTON,MA02115
    THE CLARK ESTATES INC INVESTMENT ADVISORY 110,000
    ONE ROCKEFELLER PLAZA
    NEW YORK,NY10020
    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
     
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................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
    19,002,262
    b
    Average of monthly cash balances.......................
    1b
    3,107,454
    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
    22,109,716
    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
    22,109,716
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    331,646
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    21,778,070
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    1,088,904
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,088,904
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    14,792
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    14,792
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,074,112
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    1,074,112
    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
    1,074,112
    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
    1,302,504
    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
    1,302,504
    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
    14,792
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    1,287,712
    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 1,074,112
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 776,952
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 1,302,504
    a Applied to 2009, but not more than line 2a 776,952
    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..... 525,552
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2010. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		548,560
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010....  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CAMBRIDGE FRIENDS SCHOOL
    5 CADBURY ROAD
    CAMBRIDGE,MA02140     		    GENERAL OPERATIONS 7,500
    BOSTON ARTS ACADEMY
    174 IPSWICH STREET
    BOSTON,MA02215     		    GENERAL OPERATIONS 25,000
    BOSTON EDUCATIONAL DEVELOPMENT FOUNDATION
    26 COURT STREET
    BOSTON,MA02108     		    GENERAL OPERATIONS 50,000
    CONCORD ACADEMY
    166 MAIN STREET
    CONCORDE,MA01742     		    GENERAL OPERATIONS 2,500
    PEACE FIRST
    280 SUMMER STREET
    BOSTON,MA02210     		    GENERAL OPERATIONS 10,000
    ACHIEVEMENT FIRST
    510 WAVERLY AVE
    BROOKLYN,NY11238     		    GENERAL OPERATIONS 50,000
    ACTION CENTER FOR COLLEGE ED SVCS AND SCHOLARSHIP FDN
    31 SAINT JAMES AVE
    BOSTON,MA02116     		    GENERAL OPERATIONS 25,000
    BOSTON COLLEGIATE CHARTER SCHOOL
    11 MATHEW STREET
    DORCHESTER,DC02125     		    GENERAL OPERATIONS 25,000
    BOSTON PLAN FOR EXCELLENCE
    6 BEACON STREET
    BOSTON,MA02108     		    GENERAL OPERATIONS 25,000
    COMMONWEALTH SCHOOL
    151 COMMONWEALTH AVENUE
    BOSTON,MA02116     		    GENERAL OPERATIONS 1,000
    BREAKTHROUGH NEW YORK
    540 E76 STREET
    NEW YORK,NY10021     		    GENERAL OPERATIONS 25,000
    FOOD BANK OF NEW YORK
    39 BROADWAY 10TH FLOOR
    NEW YORK,NY10006     		    GENERAL OPERATIONS 10,000
    GIRLS EDUCATIONAL AND MENTORING SERVICES
    201 W 148 STREET
    NEW YORK,NY11426     		    GENERAL OPERATIONS 22,500
    GREATER BOSTON FOOD BANK
    70 SOUTH BAY AVENUE
    BOSTON,MA02474     		    GENERAL OPERATIONS 10,000
    HABITAT FOR HUMANITY
    P O BOX 15052
    NEW ORLEANS,LA70175     		    GENERAL OPERATIONS 5,000
    HIGHER ACHIEVEMENT PROGRAM
    317 8TH STREET NE
    WASHINGTON,DC20002     		    GENERAL OPERATIONS 50,000
    LAB SCHOOL
    4759 REERVOIR ROAD NW
    WASHINGTON,DC20007     		    GENERAL OPERATIONS 37,000
    CARNEIGE INSTITUTE OF WASHINGTON
    1530 P STREET NW
    WASHINGTON,DC20005     		    GENREAL OPERATIONS 50,000
    LEADERSHIP PRERARATORY BEDFORD STUYVESANT CHARTER SCHOOL
    826 BROADWAY
    NEW YORK,NY10003     		    GENERAL OPERATIONS 50,000
    LEGAL OUTREACH
    36-14 35TH STREET
    LONG ISLAND CITY,NY11106     		    GENERAL OPERATIONS 50,000
    CENTER FOR INSPIRED TEACHING
    1436 O STREET NW
    WASHINGTON,VA20009     		    GENREAL OPERATIONS 50,000
    PASSIM CENTER
    26 CHURCH STREET
    CAMBRIDGE,MA02138     		    GENERAL OPERATIONS 2,500
    PEACE GAMES
    1029 VERMONT AVE NW
    WASHINGTON,MA20005     		    GENERAL OPERATIONS 25,000
    DIST OF COLUMBIA COLLEGE ACCESS PROGRAM
    3700 OAKVIEW TERRACE NW
    WASHINGTON,DC20017     		    GENERAL OPERATIONS 25,000
    ELSIE WHITLOW STOKES COMMUNITY CHARTER SCHOOL
    15 WEBSTER AVENUE
    SOMERVILLE,MA02143     		    GENERAL OPREATIONS 60,000
    REPLICATIONS INC
    292 5TH AVENUE
    NEW YORK,NY10001     		    GENERAL OPERATIONS 25,000
    RESEARCH FOUNDATION OF CUNY
    230W 41 STREET
    NEW YORK,NY10036     		    GENERAL OPERATIONS 40,000
    EUPHEMIA L HAYES PUBLIC CHARTER SCHOOL
    3600 GEORGIA AVE NW
    WASHINGTON,DC20010     		    GENERAL OPERATIONS 25,000
    SEE FOREVER FOUNDATION
    1436 U STREET NW
    WASHINGTON,DC20009     		    GENERAL OPERATIONS 25,000
    INTERNATIONAL NETWORK FOR PUBLIC SCHOOLS
    50 BROADWAY
    NEW YORK,MA10004     		    GENERAL OPERATIONS 50,000
    THE FAMILY CENTER
    366 SOMERVILLE AVENUE
    SOMERVILLE,MA02143     		    GENERAL OPERATIONS 24,000
    NEW LEADERS FOR NEW SCHOOLS
    30 W 26 STREET
    NEW YORK,NY10010     		    GENERAL OPERATIONS 50,000
    NEW TEACHER PROJECT
    186 JORALEMON STREET
    BROOKLYN,NY11201     		    GENERAL OPERATIONS 50,000
    VISUAL UNDERSTANDING IN EDUCATION
    119 WEST 23RD STREET
    NEW YORK,NY10011     		    GENERAL OPERATIONS 3,000
    POSSE FOUNDATIION
    45 FRANKLIN STREET
    BOSTON,MA02110     		    GENERAL OPERATIONS 10,000
    ROXBURY PREP CHARTER SCHOOL FOUNDATION
    120 FISHER AVE
    ROXBURY,MA02120     		    GENERAL OPERATIONS 50,000
    THE ACHIEVEMENT NETWORK
    44 SCHOOL STREET
    BOSTON,MA02108     		    GENERAL OPERATIONS 25,000
    SEED FOUNDATION
    176 MASSACHUSETTS AVE NW
    WASHINGTON,DC20036     		    GENERAL OPERATIONS 25,000
    URBAN ASSEMBLY
    90 BROAD STREET
    NEW YORK,NY10004     		    GENERAL OPERATIONS 40,000
    EDVESTORS
    140 CLARENDON STREET
    BOSTON,MA02116     		    GENERAL OPERATIONS 25,000
    READ BOSTON
    43 HAWKINS STREET
    BOSTON,MA02114     		    GENERAL OPERATIONS 25,000
    Total .................................bullet 3a 1,185,000
    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 3,799  
    4 Dividends and interest from securities....     14 197,876  
    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.....     14 20,651  
    8Gain or (loss) from sales of assets other than inventory     18 771,546  
    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).. 0 993,872 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    13993,872
    (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.)
    3 INTEREST AND DIVIDENDS ON INVESTMENTS
    4 INTEREST AND DIVIDENDS ON INVESTMENTS
    8 GAIN ON SALE OF SECURITIES
    7 INVESTMENT INCOME FROM PARTNERSHIPS
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2010
    Name of organization
    SHIPPY FOUNDATION CO THE CLARK ESTATES INC
     
    Employer identification number

    20-4083744
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule—
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
    Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part I
    Name of organization
    SHIPPY FOUNDATION CO THE CLARK ESTATES INC
          		Employer identification number

    20-4083744
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    1
     
     

    ESTATE OF EVE C LABOUISSE    
    ONE ROCKEFELLER PLAZA 31ST FLOOR
       
    NEW YORK, NY   10020

    		$4,675,083




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

         
     
       

    		$  




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

         
     
       

    		$  




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

         
     
       

    		$  




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

         
     
       

    		$  




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

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part II
    Name of organization
    SHIPPY FOUNDATION CO THE CLARK ESTATES INC
          		Employer identification number

    20-4083744
    Part II
    Noncash Property (see Instructions)
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 PARTNERSHIP INVESTMENTS   $4,675,083 2010-01-07
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part III
    Name of organization
    SHIPPY FOUNDATION CO THE CLARK ESTATES INC
          		Employer identification number

    20-4083744
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    SHIPPY FOUNDATION CO THE CLARK ESTATES INC
    EIN: 20-4083744
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BONDS 2,523,285 2,563,960

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    SHIPPY FOUNDATION CO THE CLARK ESTATES INC
    EIN: 20-4083744
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STOCK 3,480,775 4,475,767

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    SHIPPY FOUNDATION CO THE CLARK ESTATES INC
    EIN: 20-4083744
    US Government Securities - End of Year Book Value:

    2,599,156
    US Government Securities - End of Year Fair Market Value:

    2,616,893
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2010 InvestmentsOtherSchedule2
    Name:
    SHIPPY FOUNDATION CO THE CLARK ESTATES INC
    EIN: 20-4083744
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PRIVATE EQUITY AT COST 10,111,804 9,945,048

    TY 2010 OtherExpensesSchedule
    Name:
    SHIPPY FOUNDATION CO THE CLARK ESTATES INC
    EIN: 20-4083744
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEE 110,000 110,000   0
    CUSTODY FEE 12,063 12,063   0
    MISCELLANEOUS 1,035 1,035   0
    INVESTMENT EXPENSE 278 278   0
    PARTNERSHIP K-1 0 133,802   0
    PARTNERSHIP K-1 0 73,066   0
    PARTNERSHIP K-1 205,298 205,298   0


    TY 2010 OtherIncomeSchedule2
    Name:
    SHIPPY FOUNDATION CO THE CLARK ESTATES INC
    EIN: 20-4083744
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP INCOME 19,931 19,931 19,931
    TAX REFUND 720 720 720
    ROYALTIES K-1 INCOME   8,196  


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    SHIPPY FOUNDATION CO THE CLARK ESTATES INC
    EIN: 20-4083744
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL FEES 117,504 0   117,504


    TY 2010 SubstantialContributorsSch
    Name:
    SHIPPY FOUNDATION CO THE CLARK ESTATES INC
    EIN: 20-4083744
    Name Address
    ESTATE OF EVE LABOUISSE
          		ONE ROCKEFELLER PLAZA 31ST FLOOR
    NEW YORK,NY10020


    TY 2010 TaxesSchedule
    Name:
    SHIPPY FOUNDATION CO THE CLARK ESTATES INC
    EIN: 20-4083744
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 9,966 0   0