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
CONSTANS-CULVER FOUNDATION P60180000
 

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

13-6048059
B Telephone number (see page 10 of the instructions)

(414) 977-1210
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$5,623,855J 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 116 116  
4 Dividends and interest from securities...... 150,674 150,557  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 85,721
b Gross sales price for all assets on line 6a 1,345,268
7 Capital gain net income (from Part IV, line 2)... 85,721
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 3,483 0  
12 Total. Add lines 1 through 11........ 239,994 236,394  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 70,388 52,546   5,838
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)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 1,019 1,019   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 250 0   250
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 71,657 53,565   6,088
25 Contributions, gifts, grants paid........ 247,000 247,000
26 Total expenses and disbursements. Add lines 24 and 25 318,657 53,565   253,088
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -78,663
b Net investment income (if negative, enter -0-) 182,829
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............... 43,706 16,961 16,961
2 Savings and temporary cash investments.......... 298,747 145,503 145,503
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) 2,552,396    
b Investments—corporate stock (attach schedule)........ 2,061,958 Click to see attachment2,526,638 3,127,985
c Investments—corporate bonds (attach schedule)........ 0 Click to see attachment2,189,076 2,333,406
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) 4,956,807 4,878,178 5,623,855
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......... 4,956,807 4,878,178
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).................... 4,956,807 4,878,178
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 4,956,807 4,878,178
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 4,956,807
2 Enter amount from Part I, line 27a...................... 2 -78,663
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 34
4 Add lines 1, 2, and 3.......................... 4 4,878,178
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 4,878,178
Form 990-PF (2010)
Form 990-PF (2010)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b CAPITAL GAINS DIVIDENDS P    
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 1,342,582   1,259,547 83,035
b 2,686     2,686
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       83,035
b       2,686
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 85,721
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 288,223 4,952,699 0.058195
2008 314,519 5,809,238 0.054141
2007 313,805 6,659,552 0.047121
2006 314,183 6,354,784 0.049440
2005 300,394 6,301,449 0.047671
2 Total of line 1, column (d) ...................... 2 0.256568
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 0.051314
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 5,375,251
5 Multiply line 4 by line 3....................... 5 275,826
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,828
7 Add lines 5 and 6......................... 7 277,654
8 Enter qualifying distributions from Part XII, line 4.............. 8 253,088
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 3,657
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 3,657
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 3,657
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 1,000
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 1,000
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 2,657
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletNY
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJPMORGAN CHASE BANK NA Telephone no.bullet (212) 648-1489
    Located atbullet245 PARK AVENUENEW YORKNY ZIP+4bullet10167
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    JPMORGAN CHASE BANK NA TRUSTEE
    2.00     		58,384 0 0
    PO BOX 3038
    MILWAUKEE,WI53201
    PAULINE MAY HERD CO-TRUSTEE
    1.00     		3,650 0 0
    C/O JPMORGAN CHASE BANK NA PO BOX
    3038
    MILWAUKEE,WI53201
    VICTORIA PRESCOTT HERD CO-TRUSTEE
    1.00     		3,650 0 0
    C/O JPMORGAN CHASE BANK NA PO BOX
    3038
    MILWAUKEE,WI53201
    ELIZABETH SCHOLTZ CO-TRUSTEE
    1.00     		4,704 0 0
    C/O JPMORGAN CHASE BANK NA PO BOX
    3038
    MILWAUKEE,WI53201
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 N/A 0
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A 0
    2  
    All other program-related investments. See page 24 of the instructions.
    3 Click to see attachment 0
    Total. Add lines 1 through 3...........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    5,116,309
    b
    Average of monthly cash balances.......................
    1b
    340,799
    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
    5,457,108
    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
    5,457,108
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    81,857
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,375,251
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    268,763
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    268,763
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    3,657
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,657
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    265,106
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    265,106
    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
    265,106
    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
    253,088
    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
    253,088
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    253,088
    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 7 265,106
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 246,586
    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$ 253,088
    a Applied to 2009, but not more than line 2a 246,586
    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..... 6,502
    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 ..........     		258,604
    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:
    CONNIE BRANDEIS
    270 PARK AVENUE
    NEW YORK,NY10017
    (212) 464-0380
    bThe form in which applications should be submitted and information and materials they should include:
    N/A
    cAny submission deadlines:
    N/A
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N/A
    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
    ADELPHI UNIVERSITY
    1 SOUTH AVENUE
    GARDEN CITY,NY11530     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,500
    AMERICAN RED CROSS IN GREATER NEW YORK BROOKLYN CHAPTER
    100 PINEAPPLE WALK
    BROOKLYN,NY11201     		NONE PUBLIC CHARITY PROGRAM SUPPORT 5,000
    AMERICAN RED CROSS - SOUTHEAST PENNSYLVANIA CHAPTER BUCKS COUNTY
    23RD CHESTNUT STREETS
    PHILADELPHIA,PA19103     		NONE PUBLIC CHARITY PROGRAM SUPPORT 1,000
    ASPCA OF BUCKS COUNTY (BUCKS COUNTY SPCA)
    PO BOX 277
    LAHASKA,PA18931     		NONE PUBLIC CHARITY PROGRAM SUPPORT 1,000
    BARGEMUSIC LTD
    FULTON FERRY LANDING
    BROOKLYN,NY11201     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    BROOKLYN ACADEMY OF MUSIC
    30 LAFAYETTE AVENUE
    BROOKLYN,NY112171486     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    BROOKLYN BOTANIC GARDEN
    1000 WASHINGTON AVENUE
    BROOKLYN,NY112251099     		NONE PUBLIC CHARITY PROGRAM SUPPORT 5,000
    BROOKLYN CHAMBER MUSIC SOCIETY
    49 CHEEVER PLACE
    BROOKLYN,NY11231     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    BROOKLYN CHILDREN'S MUSEUM
    145 BROOKLYN AVENUE
    BROOKLYN,NY11213     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,000
    BROOKLYN HEIGHTS ASSOCIATION
    55 PIERREPONT STREET 17D
    BROOKLYN,NY11202     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    BROOKLYN HISTORICAL SOCIETY
    128 PIERREPONT STREET
    BROOKLYN,NY11201     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    BROOKLYN HOSPITAL CENTER
    121 DEKALB AVENUE
    BROOKLYN,NY11201     		NONE PUBLIC CHARITY PROGRAM SUPPORT 4,000
    BROOKLYN MUSEUM OF ART
    200 EASTERN PARKWAY
    BROOKLYN,NY112386052     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    BROOKLYN PUBLIC LIBRARY
    10 GRAND ARMY PLAZA
    BROOKLYN,NY112385619     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    BROOKLYN YOUTH CHORUS
    179 PACIFIC STREET
    BROOKLYN,NY11201     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    BUCKS COUNTY HISTORICAL SOCIETY
    84 SOUTH PINE STREET
    DOYLESTOWN,PA189014999     		NONE PUBLIC CHARITY PROGRAM SUPPORT 1,000
    BUCKS COUNTY - MERCER MUSEUM
    84 SOUTH PINE STREET
    DOYLESTOWN,PA18901     		NONE PUBLIC CHARITY PROGRAM SUPPORT 1,000
    BUCKS COUNTY FREE LIBRARY
    150 PINE STREET
    DOYLESTOWN,PA18901     		NONE PUBLIC CHARITY PROGRAM SUPPORT 1,000
    BUCKS COUNTY SYMPHONY
    PO BOX 500
    DOYLESTOWN,PA18901     		NONE PUBLIC CHARITY PROGRAM SUPPORT 1,000
    CATHEDRAL CHURCH OF ST JOHN THE DIVINE
    147 AMSTERDAM AVE AT 112TH ST
    NEW YORK,NY10025     		NONE PUBLIC CHARITY PROGRAM SUPPORT 4,000
    CENTRAL BUCKS AMBULANCE & RESCUE UNIT
    455 EAST STREET
    DOYLESTOWN,PA18901     		NONE PUBLIC CHARITY PROGRAM SUPPORT 1,000
    CHURCH OF THE HOLY APOSTLES
    296 NINTH AVENUE
    NEW YORK,NY100015703     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,000
    CITYMEALS-ON-WHEELS
    355 LEXINGTON AVENUE
    NEW YORK,NY100176603     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    EPISCOPAL CHARITIES OF LONG ISLAND
    36 CATHEDRAL AVE
    GARDEN CITY,NY15530     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,000
    GIRL SCOUT COUNCIL OF GREATER NEW YORK
    43 WEST 23RD STREET
    NEW YORK,NY100104283     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,000
    GRACE CHURCH OF BROOKLYN HEIGHTS
    254 HICKS STREET
    BROOKLYN,NY11201     		NONE PUBLIC CHARITY PROGRAM SUPPORT 6,000
    GRACE CHURCH OF BROOKLYN HEIGHTS(FOR THE GRACE CHURCH SCHOOL)
    254 HICKS STREET
    BROOKLYN,NY11201     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,000
    HEIGHTS AND HILL COMMUNITY COUNCIL
    57 WILLOUGHBY STREET
    BROOKLYN,NY11201     		NONE PUBLIC CHARITY PROGRAM SUPPORT 4,000
    HOSPITAL AUDIENCES INC
    548 BROADWAY 3RD FLOOR
    NEW YORK,NY10012     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,000
    LINCOLN CENTER FOR THE PERFORMING ARTS
    70 LINCOLN CENTER PLAZA
    NEW YORK,NY100236583     		NONE PUBLIC CHARITY PROGRAM SUPPORT 28,000
    LONG ISLAND COLLEGE HOSPITAL
    339 HICKS STREET
    BROOKLYN,NY11201     		NONE PUBLIC CHARITY PROGRAM SUPPORT 4,000
    MELMARK HOME
    2600 WAYLAND ROAD
    BERWYN,PA193122307     		NONE PUBLIC CHARITY PROGRAM SUPPORT 1,000
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVENUE
    NEW YORK,NY10028     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,000
    METROPOLITAN OPERA GUILD
    70 LINCOLN CENTER PLAZA
    NEW YORK,NY100236593     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    NATIONAL DISASTER SEARCH DOG FOUNDATION
    501 EAST OJAI AVENUE
    OJAI,CA93023     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    NEW YORK PUBLIC LIBRARY
    FIFTH AVENUE 42ND STREET RM 73
    NEW YORK,NY100182788     		NONE PUBLIC CHARITY PROGRAM SUPPORT 4,000
    OLD MERCHANTS HOUSE OF NEW YORK (MERCHANT'S HOUSE MUSEUM)
    29 EAST FOURTH STREET
    NEW YORK,NY100037003     		NONE PUBLIC CHARITY PROGRAM SUPPORT 1,000
    OSTEOGENESIS IMPERFECTA FOUNDATION
    804 W DIAMOND AVE SUITE 210
    GAITHERSBURG,MD20878     		NONE PUBLIC CHARITY PROGRAM SUPPORT 4,000
    PACKER COLLEGIATE INSTITUTE
    170 JORALEMON STREET
    BROOKLYN,NY11201     		NONE PUBLIC CHARITY PROGRAM SUPPORT 15,000
    PHILHARMONIC SYMPHONY SOCIETY OF NEW YORK (THE NEW YORK PHILHARMONIC)
    10 LINCOLN CENTER PLAZA
    NEW YORK,NY100236970     		NONE PUBLIC CHARITY PROGRAM SUPPORT 24,000
    POLICE ATHLETIC LEAGUE
    34 1/2 EAST 12TH STREET
    NEW YORK,NY10003     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    POLYTECHNIC PREPARATORY COUNTRY DAY SCHOOL
    8216 SEVENTH AVENUE
    BROOKLYN,NY112283698     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,500
    PRATT INSTITUTE
    200 WILLOUGHBY AVENUE
    BROOKLYN,NY11205     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    PRO MUSICIS FOUNDATION
    140 WEST 79TH STREET
    NEW YORK,NY10024     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,000
    PROSPECT PARK ALLIANCE
    95 PROSPECT PARK WEST
    BROOKLYN,NY11215     		NONE PUBLIC CHARITY PROGRAM SUPPORT 4,000
    ST MARY'S FOUNDATION FOR CHILDREN
    29-01 216TH STREET
    BAYSIDE,NY11360     		NONE PUBLIC CHARITY PROGRAM SUPPORT 3,000
    SALVATION ARMY
    120 WEST 14TH STREET
    NEW YORK,NY100117393     		NONE PUBLIC CHARITY PROGRAM SUPPORT 5,000
    SEAMEN'S CHURCH INSTITUTE OF NEW YORK
    241 WATER STREET
    NEW YORK,NY10038     		NONE PUBLIC CHARITY PROGRAM SUPPORT 5,000
    SOLDIERS' SAILORS' MARINES' AND AIRMEN'S CLUB INC
    283 LEXINGTON AVENUE
    NEW YORK,NY10016     		NONE PUBLIC CHARITY PROGRAM SUPPORT 4,000
    THIRD CHURCH OF CHRIST SCIENTIST OF NEW YORK CITY
    583 PARK AVENUE
    NEW YORK,NY10021     		NONE PUBLIC CHARITY PROGRAM SUPPORT 28,000
    UNITED HOSPITAL FUND OF NEW YORK
    1411 BROADWAY 12TH FLOOR
    NEW YORK,NY100183496     		NONE PUBLIC CHARITY PROGRAM SUPPORT 4,000
    USO OF METROPOLITAN NEW YORK
    625 EIGHTH AVENUE NORTH WING 2ND FL
    NEW YORK,NY10018     		NONE PUBLIC CHARITY PROGRAM SUPPORT 4,000
    WNETCHANNEL THIRTEEN
    825 EIGHT AVENUE
    NEW YORK,NY10019     		NONE PUBLIC CHARITY PROGRAM SUPPORT 4,000
    WYCKOFF HOUSE
    5816 CLARENDON ROAD
    BROOKLYN,NY11203     		NONE PUBLIC CHARITY PROGRAM SUPPORT 2,000
    YMCA OF GREATER NEW YORK FOR BROOKLYN CENTRAL BRANCH
    5 WEST 63RD STREET 6TH FLOOR
    NEW YORK,NY10023     		NONE PUBLIC CHARITY PROGRAM SUPPORT 4,000
    YWCA OF BROOKLYN
    30 THIRD AVENUE
    BROOKLYN,NY11217     		NONE PUBLIC CHARITY PROGRAM SUPPORT 4,000
    Total .................................bullet 3a 247,000
    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     14 116  
    4 Dividends and interest from securities....     14 150,674  
    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 85,721  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a2009 EXCISE TAX REFUND     01 3,483  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 239,994 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    13239,994
    (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 AllOthProgRltdInvestmentsSch
    Name:
    CONSTANS-CULVER FOUNDATION P60180000
    EIN: 13-6048059
    Category Amount
    N/A 0

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    CONSTANS-CULVER FOUNDATION P60180000
    EIN: 13-6048059
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS TRUST HIGH YIELD FUND INSTITUTIONAL SHS - 22946.11 SHS 162,229 167,507
    ISHARES BARCLAYS TIPS BOND FUND - 1000 SHS 100,220 107,520
    JPM CORE BOND FD - SEL FUND 3720 3.52% - 119343.737 SHS 1,261,737 1,367,679
    JPM HIGH YIELD FD - SEL FUND 3580 6.12% - 20535.316 SHS 162,229 167,363
    JPM SHORT DURATION BOND FD - SEL FUND 3133 1.20% - 14388.365 SHS 152,661 157,840
    JPM TREAS & AGENCY FD - SEL FUND 3565 0.40% - 15120.968 SHS 150,000 148,034
    JPM STR INC OPP FD FUND 3844 2.16% - 18382.353 SHS 200,000 217,463

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    CONSTANS-CULVER FOUNDATION P60180000
    EIN: 13-6048059
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES - 500 SHS 25,570 23,955
    ALEXION PHARMACEUTICALS INC - 100 SHS 5,454 8,055
    AMAZON COM INC - 110 SHS 12,092 19,800
    AMERICAN EXPRESS CO - 100 SHS 4,236 4,292
    APACHE CORP - 230 SHS 23,893 27,423
    APPLE INC. - 155 SHS 19,756 49,997
    BB & T CORP - 225 SHS 4,146 5,915
    BAKER HUGHES INC - 225 SHS 11,507 12,863
    CVS CAREMARK CORPORATION - 500 SHS 14,266 17,385
    CAMPBELL SOUP COMPANY - 200 SHS 7,246 6,950
    CARDINAL HEALTH INC - 300 SHS 8,287 11,493
    CELGENE CORPORATION - 225 SHS 11,178 13,307
    CISCO SYSTEMS INC - 1600 SHS 36,748 32,368
    CITRIX SYSTEMS INC - 80 SHS 5,495 5,473
    COLGATE PALMOLIVE CO - 130 SHS 10,214 10,448
    WALT DISNEY CO - 525 SHS 12,249 19,693
    DOW CHEMICAL CO - 400 SHS 11,424 13,656
    E I DU PONT DE NEMOURS & CO - 700 SHS 26,809 34,916
    E M C CORP MASS - 400 SHS 8,161 9,160
    FREEPORT-MCMORAN COPPER & GOLD INC CL B - 260 SHS 15,700 31,223
    GENERAL ELECTRIC CO - 500 SHS 7,674 9,145
    GENERAL MILLS INC - 225 SHS 6,405 8,008
    INTERNATIONAL BUSINESS MACHINES CORP - 140 SHS 2,148 20,546
    JOHNSON CONTROLS INC - 675 SHS 12,359 25,785
    KELLOGG CO - 100 SHS 4,862 5,108
    LENNAR CORP - 200 SHS 3,083 3,750
    LOWES COMPANIES INC - 300 SHS 6,922 7,524
    MATTHEWS PACIFIC TIGER FD - 1592.357 SHS 25,000 37,325
    MICROSOFT CORP - 1825 SHS 46,293 50,936
    MORGAN STANLEY - 325 SHS 6,506 8,843
    NATIONAL-OILWELL VARCO INC - 100 SHS 6,067 6,725
    NIKE INC B - 125 SHS 7,930 10,678
    NORFOLK SOUTHERN CORP - 525 SHS 24,810 32,981
    NOVELLUS SYSTEMS INC - 300 SHS 7,516 9,696
    OCCIDENTAL PETROLEUM CORP - 310 SHS 19,522 30,411
    ORACLE CORP - 800 SHS 18,386 25,040
    PACCAR INC - 395 SHS 13,715 22,649
    PARKER-HANNIFIN CORP - 40 SHS 1,593 3,452
    PEPSICO INC - 230 SHS 14,298 15,026
    PFIZER INC - 1875 SHS 27,914 32,831
    PROCTER & GAMBLE CO - 525 SHS 33,715 33,773
    QUALCOMM INC - 550 SHS 23,225 27,220
    SANDISK CORP - 100 SHS 4,302 4,986
    SOUTHERN CO - 300 SHS 9,111 11,469
    SPRINT NEXTEL CORP - 1900 SHS 8,033 8,037
    STAPLES INC - 625 SHS 13,262 14,231
    STATE STREET CORP - 100 SHS 3,967 4,634
    SYSCO CORP - 200 SHS 6,228 5,880
    UNITED TECHNOLOGIES CORP - 350 SHS 23,552 27,552
    XILINX CORP - 300 SHS 8,580 8,694
    COGNIZANT TECHNOLOGY SOLUTIONS CORP CL A - 200 SHS 10,091 14,658
    SEMPRA ENERGY - 100 SHS 5,133 5,248
    CITIGROUP INC - 4700 SHS 19,695 22,231
    WELLS FARGO & CO - 800 SHS 18,495 24,792
    BANK OF AMERICA CORP - 1650 SHS 36,645 22,011
    GOLDMAN SACHS GROUP INC - 120 SHS 11,525 20,179
    DEVON ENERGY CORP - 215 SHS 14,588 16,880
    EOG RESOURCES INC - 210 SHS 18,232 19,196
    HONEYWELL INTERNATIONAL INC - 300 SHS 12,410 15,948
    UNITEDHEALTH GROUP INC - 175 SHS 6,574 6,319
    VERIZON COMMUNICATIONS INC - 700 SHS 20,624 25,046
    COACH INC - 150 SHS 5,068 8,297
    US BANCORP DEL - 400 SHS 9,516 10,788
    DODGE & COX INTERNATIONAL STOCK - 3070.766 SHS 75,000 109,657
    ISHARES RUSSELL MIDCAP INDEX FUND - 1500 SHS 85,495 152,625
    ADVANCED AUTO PARTS INC - 125 SHS 3,863 8,269
    3M CO - 100 SHS 8,561 8,630
    YUM BRANDS INC - 450 SHS 15,854 22,073
    COMCAST CORP CL A - 300 SHS 5,076 6,591
    CARNIVAL CORPORATION - 200 SHS 7,176 9,222
    GOOGLE INC CL A - 20 SHS 5,613 11,879
    WELLPOINT INC - 50 SHS 2,771 2,843
    JPM INTREPID AMERICA FD - SEL FUND 1206 - 5164.994 SHS 115,231 118,433
    JPM ASIA 3 FD - SEL FUND 1134 - 4777.936 SHS 149,996 180,988
    VANGUARD MSCI EMERGING MARKETS ETF - 3692 SHS 162,045 177,755
    JPM US LRGE CAP CORE PLUS FD - SEL FUND 1002 - 20098.404 SHS 384,315 415,434
    AT&T INC - 300 SHS 9,324 8,814
    STARWOOD HOTELS & RESORTS - 100 SHS 2,095 6,078
    MANNING & NAPIER FUND INC 3 SERIES - 9781.471 SHS 150,000 188,489
    IVY GLOBAL NATURAL RESOURCE-I - 3844.911 SHS 55,000 84,703
    CME GROUP INC CLASS A COMMON STOCK - 35 SHS 9,558 11,261
    INVESCO LTD - 200 SHS 3,911 4,812
    PHILIP MORRIS INTERNATIONAL - 175 SHS 6,497 10,243
    ACE LTD NEW - 150 SHS 6,839 9,338
    ARTIO INTERNATIONAL 3 II - I - 9295.465 SHS 97,750 115,821
    HARTFORD MID CAP FD I - 5648.536 SHS 108,000 125,115
    TYCO INTERNATIONAL LTD - 200 SHS 7,291 8,288
    TIME WARNER INC NEW - 1075 SHS 28,540 34,583
    COVIDIEN PLC - 200 SHS 7,237 9,132
    MERCK AND CO INC - 725 SHS 22,968 26,129
    NEXTERA ENERGY INC - 200 SHS 10,001 10,398
    JUNIPER NETWORKS INC - 475 SHS 9,641 17,537
    EXXON MOBIL CORP - 665 SHS 27,915 48,625
    METLIFE INC - 325 SHS 11,825 14,443
    MARVELL TECHNOLOGY GROUP LTD - 300 SHS 6,076 5,565
    PRUDENTIAL FINANCIAL INC - 200 SHS 7,102 11,742
    CONOCOPHILLIPS - 300 SHS 14,278 20,430
    BIOGEN IDEC INC - 150 SHS 8,491 10,058
    BAIDU INC SPONS ADR - 80 SHS 7,364 7,722
    TD AMERITRADE HOLDING CORPORATION - 500 SHS 8,534 9,495
    MASTERCARD INC - CLASS A - 40 SHS 7,285 8,964
    GENERAL MOTORS CO - 350 SHS 12,115 12,901

    TY 2010 OtherExpensesSchedule
    Name:
    CONSTANS-CULVER FOUNDATION P60180000
    EIN: 13-6048059
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NY ATTORNEY GENERAL FILING FEE 250 0   250


    TY 2010 OtherIncomeSchedule2
    Name:
    CONSTANS-CULVER FOUNDATION P60180000
    EIN: 13-6048059
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    2009 EXCISE TAX REFUND 3,483   3,483


    TY 2010 OtherIncreasesSchedule
    Name:
    CONSTANS-CULVER FOUNDATION P60180000
    EIN: 13-6048059
    Description Amount
    RETURN OF CAPITAL ADJUSTMENT 34


    TY 2010 TaxesSchedule
    Name:
    CONSTANS-CULVER FOUNDATION P60180000
    EIN: 13-6048059
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 1,019 1,019   0