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
RALPH C SHELDON FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 417 7 EAST 3RD STREET   Room/suite
City or town, state, and ZIP code
JAMESTOWN, NY147020417
A Employer identification number

16-6030502
B Telephone number (see page 10 of the instructions)

(716) 664-9890
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$12,128,815J 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) 1,813,979
2 Check bullet
3 Interest on savings and temporary cash investments 10,052 10,052  
4 Dividends and interest from securities...... 278,783 278,783  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 287,309
b Gross sales price for all assets on line 6a 2,592,770
7 Capital gain net income (from Part IV, line 2)... 287,309
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 10,545    
12 Total. Add lines 1 through 11........ 2,400,668 576,144  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 81,194 40,597   40,597
14 Other employee salaries and wages...... 32,472 16,236   16,236
15 Pension plans, employee benefits....... 24,187 12,094   12,093
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,000 5,500   5,500
c Other professional fees (attach schedule).... Click to see attachment 24,404 24,404    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 9,497 4,361   4,361
19 Depreciation (attach schedule) and depletion... Click to see attachment 960    
20 Occupancy.............. 8,012 4,006   4,006
21 Travel, conferences, and meetings....... 2,177 1,089   1,088
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 10,716 5,359   5,357
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 204,619 113,646   89,238
25 Contributions, gifts, grants paid........ 2,381,449 2,381,449
26 Total expenses and disbursements. Add lines 24 and 25 2,586,068 113,646   2,470,687
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -185,400
b Net investment income (if negative, enter -0-) 462,498
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.......... 1,142,634 308,374 308,374
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) 1,267,524 Click to see attachment747,813 765,980
b Investments—corporate stock (attach schedule)........ 6,605,641 Click to see attachment7,450,773 8,764,712
c Investments—corporate bonds (attach schedule)........ 1,864,402 Click to see attachment2,184,468 2,285,699
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 bullet13,149
Less: accumulated depreciation (attach schedule) bullet9,099 1,121 Click to see attachment4,050 4,050
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,881,322 10,695,478 12,128,815
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) Click to see attachment4,881 Click to see attachment4,437
23 Total liabilities (add lines 17 through 22).......... 4,881 4,437
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 10,876,441 10,691,041
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 10,876,441 10,691,041
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 10,881,322 10,695,478
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 10,876,441
2 Enter amount from Part I, line 27a...................... 2 -185,400
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 10,691,041
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 10,691,041
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 GAIN DISTRIBUTION P 2010-12-31 2010-12-31
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 2,583,017 0 2,305,461 277,556
b 9,753 0 0 9,753
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 0 0 0 277,556
b 0 0 0 9,753
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 2 287,309
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 1,984,373 10,485,400 0.189251
2008 1,969,966 11,648,640 0.169116
2007 2,385,866 13,615,342 0.175234
2006 1,852,657 12,458,481 0.148706
2005 1,888,599 10,994,224 0.171781
2 Total of line 1, column (d) ...................... 2 0.854088
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 0.170818
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 11,770,665
5 Multiply line 4 by line 3....................... 5 2,010,641
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,625
7 Add lines 5 and 6......................... 7 2,015,266
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,470,687
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 4,625
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 4,625
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,625
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 2,821
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.............. Tax Paid Original Return: 2821 7 2,821
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 1,804
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 taxBullet0 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)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 addressbulletWWW.RCSHELDONFOUNDATION.ORG
    14
    The books are in care ofbulletLINDA SWANSON EXECUTIVE DIRECTOR Telephone no.bullet (716) 664-9890
    Located atbullet7 E 3RD STJAMESTOWNNY ZIP+4bullet147020417
    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
    MARK I HAMPTON SECRETARY & DIRECTOR
    1.00     		0 0 0
    7 EAST THIRD STREET
    JAMESTOWN,NY147020417
    MILES L LASSER DIRECTOR EMERITUS
    1.00     		0 0 0
    7 EAST THIRD STREET
    JAMESTOWN,NY147020417
    BARCLAY O WELLMAN PRESIDENT & DIRECTOR
    1.00     		0 0 0
    7 EAST THIRD STREET
    JAMESTOWN,NY147020417
    PETER B SULLIVAN DIRECTOR
    1.00     		0 0 0
    7 EAST THIRD STREET
    JAMESTOWN,NY147020417
    ALEXIS SINGLETON ASSISTANT TREASURER
    1.00     		0 0 0
    7 EAST THIRD STREET
    JAMESTOWN,NY147020417
    BETSY SHULTS VP & DIRECTOR
    1.00     		0 0 0
    7 EAST THIRD STREET
    JAMESTOWN,NY147020417
    KELLY A DAWSON TREASURER & DIRECTOR
    1.00     		0 0 0
    7 EAST THIRD STREET
    JAMESTOWN,NY147020417
    RAYMOND FASHANO DIRECTOR
    1.00     		0 0 0
    7 EAST THIRD STREET
    JAMESTOWN,NY147020417
    LINDA SWANSON EXECUTIVE DIRECTOR
    40.00     		81,194 22,000 0
    7 EAST THIRD STREET
    JAMESTOWN,NY147020417
    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
     
    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...........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    11,018,107
    b
    Average of monthly cash balances.......................
    1b
    931,807
    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
    11,949,914
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d..........................
    3
    11,949,914
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    179,249
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,770,665
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    588,533
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    588,533
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    4,625
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,625
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    583,908
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    583,908
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    583,908
    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
    2,470,687
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,470,687
    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
    4,625
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    2,466,062
    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 7 583,908
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 424,324
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 2,470,687
    a Applied to 2009, but not more than line 2a 424,324
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		Click to see attachment1,916,900
    d Applied to 2010 distributable amount..... 129,463
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2010.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,916,900
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		454,445
    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) ...........     		1,916,900
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		 
    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).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    LINDA SWANSON
    7 EAST THIRD STREET
    JAMESTOWN,NY14701
    (716) 664-9890
    bThe form in which applications should be submitted and information and materials they should include:
    SEE THE FOLLOWING WEB ADDRESS HTTP://WWW.CHAUTAUQUAGRANTS.ORG/
    cAny submission deadlines:
    SEE THE FOLLOWING WEB ADDRESS HTTP://WWW.CHAUTAUQUAGRANTS.ORG/
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GEOGRAPHICAL, SOUTHERN CHAUTAUQUA COUNTY, NEW YORK
    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
    ALLEGHENY HIGHLANDS COUNCIL INC
    50 HOUGH HILL RD
    FALCONER,NY14733     		  501(C)(3) CAMP MERZ FACILITYNEEDS 27,250
    ALLEGHENY HIGHLANDS COUNCIL INC
    50 HOUGH HILL RD
    FALCONER,NY14733     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 2,000
    AMERICAN RED CROSS - CHAUT CO CHAPTER
    325 E FOURTH ST
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,850
    ARTS COUNCIL FOR CHAUTAUQUA CO
    116 E THIRD STREET
    JAMESTOWN,NY14701     		  501(C)(3) ARTS IN EDUCATION 45,000
    ARTS COUNCIL FOR CHAUTAUQUA CO
    116 E THIRD STREET
    JAMESTOWN,NY14701     		  501(c)(3) DIRECTOR'SUNRESTRICTED GRANT 1,000
    BUSTI FIRE DEPARTMENT
    886 MILL ROAD
    JAMESTOWN,NY14701     		  501(c)(3) AUTOMATICDEFIBRILLATORS 4,700
    CAMP GROSS FOUNDATION
    8175 ROUTE 60 NORTH
    CASSADAGA,NY14718     		  501(c)(3) DIRECTOR'SUNRESTRICTED GRANT 250
    CATHOLIC ACADEMY OF THE HOLY FAMILY
    1135 N MAIN STREET
    JAMESTOWN,NY14701     		  501(c)(3) MONTESSORIPROGRAM 2,000
    CHAUT ALCOHOLISM & SUBSTANCE ABUSE COUNCIL
    2-6 EAST SECOND ST
    JAMESTOWN,NY14701     		  501(c)(3) NETWORK SYSTEMSERVER REPLACEMENT 4,875
    CHAUTAUQUA CO HUMANE SOCIETY
    2825 STRUNK ROAD
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,500
    CHAUTAUQUA INSTITUTION
    PO BOX 28
    CHAUTAUQUA,NY14722     		  501(C)(3) ANNUAL FUND DRIVE 40,000
    CHAUTAUQUA INSTITUTION
    PO BOX 28
    CHAUTAUQUA,NY14722     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 2,150
    CHAUTAUQUA LAKE ASSOCIATION INC
    429 EAST TERRACE AVE
    LAKEWOOD,NY14750     		  501(C)(3) EQUIP. REFURBISHING & UPGRADE 84,800
    CHAUTAUQUA LAKE ASSOCIATION
    429 EAST TERRACE AVE
    LAKEWOOD,NY14750     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 2,000
    CHAUTAUQUA RAILS TO TRAILS INC
    PO BOX 151
    MAYVILLE,NY14757     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 250
    CHAUTAUQUA REGION COMMUNITY FOUNDATION
    418 SPRING ST
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,750
    CHAUTAUQUA REGIONAL YOUTH BALLET
    9 1/2 FALCONER ST
    JAMESTOWN,NY14701     		  501(C)(3) OPERATING -SUMMER DANCE PROG. 18,000
    CHAUTAUQUA REGIONAL YOUTH SYMPHONY
    PO BOX 3454
    JAMESTOWN,NY14701     		  501(c)(3) DIRECTOR'SUNRESTRICTED GRANT 1,000
    CHAUTAUQUA STRIDERS
    101 E FOURTH ST
    JAMESTOWN,NY14701     		  501(C)(3) WRAP AROUND PROGRAM 77,500
    CHAUTAUQUA STRIDERS
    101 E FOURTH ST
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 2,400
    CHAUTAUQUA WATERSHED CONSERVANCY
    413 NORTH MAIN ST
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'S UNRESTRICTED GRANT 700
    CHAUTAUQUA WATERSHED CONSERVANCY
    413 NORTH MAIN ST
    NORTH MAIN ST,NY14701     		  501(C)(3) AND EDUCATIONINTEGRATED MEDIACOMMUNICATION PROGRAM 10,000
    CHRISTMAS FRIENDSHIP FUND INC
    PO BOX 1357
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 850
    CITY OF JAMESTOWN
    MUNICIPAL BLDG
    JAMESTOWN,NY14701     		  501(C)(3) 2010 PLAYGROUND PROGRAM 5,000
    COMMUNITY MUSIC PROJECT
    715 FALCONER ST BLDG D
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,400
    COMMUNITY HELPING HANDS INC
    31 WATER ST
    JAMESTOWN,NY14701     		  501(C)(3) PASSENGERELEVATOR PROJECT 5,000
    COUNCIL ON FOUNDATIONS
    1828 L STNWSTE 300
    WASHINGTON,DC200365168     		  501(C)(3) 2010 DUES 880
    COURT APPOINTED SPECIAL ADVOCATES (CASA) OF CHAUT CO
    2 ACADEMY ST STE 5
    MAYVILLE,NY14757     		  501(C)(3) PROGRAM SUPPORTTO HELP COVER 250
    DOWNTOWN JAMESTOWN DEVELOPMENT CORP
    19 W THIRD ST
    JAMESTOWN,NY14701     		  501(C)(3) OPERATING EXPENSES 10,000
    DOWNTOWN JAMESTOWN DEVELOPMENT CORP
    19 W THIRD ST
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,500
    FAMILY SERVICE OF THE CHAUTAUQUA REGION
    332 EAST FOURTH STREET
    JAMESTOWN,NY14701     		  501(C)(3) OFFICE RENOVATIONS& FURNITURE 9,280
    FARMAN FREE LIBRARY
    760 THORNTON ROAD
    ELLINGTON,NY14732     		  501(C)(3) LIBRARY ADDITION 36,044
    FENTON HISTORICAL SOCIETY
    67 WASHINGTON ST
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 200
    FIRST PRESBYTERIAN CHURCH - MINISTER'S FUND
    509 PRENDERGAST AVE
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 250
    GRANTMAKERS FORUM OF NEW YORK
    75 COLLEGE AVENUE
    ROCHESTER,NY146071009     		  501(C)(3) 2010 DUES 4,000
    HOSPICE CHAUTAUQUA COUNTY
    20 W FAIRMOUNT AVE
    LAKEWOOD,NY14750     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,000
    INFINITY PERFORMING ARTS PROGRAM INC
    115 E THIRD ST
    JAMESTOWN,NY14701     		  501(C)(3) PROGRAM SUPPORT 22,500
    JAMES PRENDERGAST LIBRARY ASSOC
    509 CHERRY ST
    JAMESTOWN,NY14701     		  501(C)(3) BOOK GRANT 80,000
    JAMES PRENDERGAST LIBRARY ASSOCIATION
    509 CHERRY ST
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 5,450
    JAMES PRENDERGAST LIBRARY ASSOCIATION
    509 CHERRY ST
    CHERRY ST,NY14701     		  501(C)(3) CAPITAL PROJECTS 60,000
    JAMESTOWN AUDUBON SOCIETY
    RD5 RIVERSIDE RD
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,400
    JAMESTOWN BABE RUTH WORLD SERIES COM
    PO BOX 1103
    JAMESTOWN,NY14701     		  501(C)(3) OPERATING EXPENSES 2011 5,000
    JAMESTOWN BOYS & GIRLS CLUB
    62 ALLEN STREET
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,750
    JAMESTOWN CENTER CITY DEVELOPMENT CORP
    111 W SECOND ST SUITE 1100
    JAMESTOWN,NY14701     		  501(C)(3) ICE ARENA 75,000
    JAMESTOWN COMMUNITY COLLEGE
    525 FALCONER ST
    JAMESTOWN,NY14701     		  501(C)(3) NEW SCIENCE FACILITY 200,000
    JAMESTOWN COMMUNITY COLLEGE FOUNDATION
    525 FALCONER ST
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 900
    JAMESTOWN COMMUNITY LEARNING COUNCIL CO LINCOLN SCHOOL
    301 FRONT ST
    JAMESTOWN,NY14701     		  501(C)(3) SUSTAIN JCLC 50,000
    JAMESTOWN CONCERT ASSOCIATION
    315 N MAIN STREET
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 750
    JAMESTOWN CONCERT ASSOCIATION
    315 N MAIN STREET
    JAMESTOWN,NY14701     		  501(C)(3) 2009-2010CONCERT SERIES 5,000
    JAMESTOWN CONCERT ASSOCIATION
    315 N MAIN STREET
    JAMESTOWN,NY14701     		  501(C)(3) 2010-2011CONCERT SERIES 6,000
    JAMESTOWN PUBLIC SCHOOLS
    197 MARTIN ROAD
    JAMESTOWN,NY14701     		  501(C)(3) PROJECT SAFARI 17,000
    JAMESTOWN RENAISSANCE CORPORATION
    119-21 W THIRD STREET
    JAMESTOWN,NY14701     		  501(C)(3) 2010 NEIGHBORHOODCOORDINATOR PAYMENT 10,000
    JOINT NEIGHBORHOOD PROJECT
    532 E SECOND ST
    JAMESTOWN,NY14701     		  501(C)(3) AGENCY PROGRAMS 52,500
    JOINT NEIGHBORHOOD PROJECT
    532 E SECOND ST
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 350
    JUNIOR ACHIEVEMENT OF WNY INC
    181 FRANKLIN ST
    BUFFALO,NY14202     		  501(C)(3) JA PROGRAMS INSOUTHERN CHAUTAUQUA COUNTY 8,000
    LEVANT WESLEYAN CHURCH
    1670 LINDQUIST DR
    FALCONER,NY14733     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,000
    LUCILLE BALL LITTLE THEATRE OF JAMESTOWN
    18-24 E SECOND ST
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,250
    LUTHERAN SOCIAL SERVICES FOUNDATION
    715 FALCONER ST
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 200
    MANUFACTURING TECHNOLOGY INSTITUTE
    512 FALCONER STREET
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,000
    MAPLE SPRINGS VOLUNTEER FIRE DEPT
    PO BOX D
    MAPLE SPRINGS,NY14756     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 250
    MEALS ON WHEELS OF THE JAMESTOWN AREA
    PO BOX 56
    JAMESTOWN,NY14702     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 600
    MYERS MEMORIAL LIBRARY
    PO BOX 559
    FREWSBURG,NY14738     		  501(C)(3) E.D. DISC. GRANT FORDOOR REPLACEMENT 1,300
    NYS JUNIOR MISS SCHOLARSHIP PROGRAM INC
    PO BOX 328
    LAKEWOOD,NY14750     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 750
    ONE HUNDRED MEMBER CLUB INC
    PO BOX 704
    JAMESTOWN,NY14702     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 500
    REACHOUT MINISTRIES INC
    PO BOX 753
    JAMESTOWN,NY14701     		  501(C)(3) AFTER SCHOOL PROGRAM 7,500
    REG LENNA CIVIC CENTER
    116 EAST THIRD STREET
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 2,300
    ROBERT H JACKSON CENTER INC
    305 EAST FOURTH STREET
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 2,500
    ROGER TORY PETERSON INSTITUTE
    311 CURTIS STREET
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 9,750
    ROGER TORY PETERSON INSTITUTE
    311 CURTIS STREET
    JAMESTOWN,NY14701     		  501(C)(3) CHALLENGE GRANT 52,785
    ST SUSAN CENTER INC
    PO BOX 1276
    JAMESTOWN,NY147021276     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 5,000
    ST SUSAN CENTER INC
    PO BOX 1276
    JAMESTOWN,NY14701     		  501(C)(3) OPERATING EXPENSES 20,000
    STARFLIGHT INC
    PO BOX 840
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 2,500
    THE RELIEF ZONE INC
    5 FREW RUN ROAD
    FREWSBURG,NY14738     		  501(C)(3) OPERATING &PROGRAM EXPENSES 17,800
    THE RESOURCE CENTER
    200 DUNHAM AVENUE
    JAMESTOWN,NY14701     		  501(C)(3) ELECTRONIC HEALTHRECORD SYSTEM 200,000
    THE SALVATION ARMY
    83 SOUTH MAIN STREET
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 3,250
    UNITARIAN UNIVERSALIST CONGREGATION
    1255 PRENDERGAST AVE
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 500
    UNITED WAY OF SOUTHERN CHAUTAUQUA CO
    413 NORTH MAIN STREET
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 6,200
    UNITED WAY OF SOUTHERN CHAUTAUQUA CO
    413 NORTH MAIN STREET
    JAMESTOWN,NY14701     		  501(C)(3) 2010 CAMPAIGN 135,000
    UNITED WAY OF SOUTHERN CHAUTAUQUA CO
    413 NORTH MAIN STREET
    JAMESTOWN,NY14701     		  501(C)(3) CAPITAL PROJECT PLAN 29,058
    VALLEY HISTORICAL SOCIETY
    PO BOX 1045
    SINCLAIRVILLE,NY14782     		  501(C)(3) 2010 ANNUALHISTORY FAIR 500
    WBFO PUBLIC RADIO
    3435 MAIN STREET
    BUFFALO,NY14214     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,500
    WCA HOSPITAL
    207 FOOTE AVENUE
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,250
    WCA HOSPITAL
    207 FOOTE AVENUE
    JAMESTOWN,NY14701     		  501(C)(3) EMERGENCY DEPT.PROJECT 704,177
    WNED - FM
    PO BOX 1263
    BUFFALO,NY14240     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 500
    WNED - TV
    PO BOX 1263
    BUFFALO,NY14240     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 500
    WORKFORCE INVESTMENT BOARD
    23 EAST THIRD STREET
    JAMESTOWN,NY14701     		  501(C)(3) HEALTHCARE TALENTPIPELINE INITIATIVE 30,000
    YANAA INC
    PO BOX 291
    FALCONER,NY14733     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 1,000
    YMCA OF JAMESTOWN
    101 EAST FOURTH STREET
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 2,500
    YMCA OF JAMESTOWN
    101 EAST FOURTH STREET
    JAMESTOWN,NY14701     		  501(C)(3) OPERATING EXPENSES 60,000
    YMCA OF JAMESTOWN
    101 EAST FOURTH STREET
    JAMESTOWN,NY14701     		  501(C)(3) CAMP ONYAHSA 25,000
    YMCA OF JAMESTOWN
    101 EAST FOURTH STREET
    JAMESTOWN,NY14701     		  501(C)(3) TEEN CENTER 20,000
    YWCA OF JAMESTOWN
    401 NORTH MAIN STREET
    JAMESTOWN,NY14701     		  501(C)(3) DIRECTOR'SUNRESTRICTED GRANT 300
    YWCA OF JAMESTOWN
    401 NORTH MAIN STREET
    JAMESTOWN,NY14701     		  501(C)(3) TEAM CHILD CAREPROGRAM 25,000
    Total .................................bullet 3a 2,381,449
    bApproved for future payment
    ALLEGHENY HIGHLANDS COUNCIL INC
    50 HOUGH HILL RD
    FALCONER,NY14733     		  501(C)(3) CAMP MERZ -FACILITY NEEDS 18,000
    CHAUTAUQUA WATERSHED CONSERVANCY
    413 NORTH MAIN STREET
    JAMESTOWN,NY14701     		  501(C)(3) CONSERVATIONSTEWARDSHIP FUNDING 50,000
    CITY OF JAMESTOWN
    MUNICIPAL BUILDING
    JAMESTOWN,NY14701     		  501(C)(3) ROSELAND PARKPLAYGROUND PROJECT 25,000
    DOWNTOWN JAMESTOWN DEVELOPMENT CORP
    19 WEST THIRD STREET
    JAMESTOWN,NY14701     		  501(C)(3) OPERATING ANDACTIVITY SUPPORT 40,000
    JAMESTOWN CITY SCHOOLS
    197 MARTIN ROAD
    JAMESTOWN,NY14701     		  501(C)(3) PROJECT SAFARI 17,000
    JAMESTOWN COMMUNITY COLLEGE
    525 FALCONER STREET
    JAMESTOWN,NY14701     		  501(C)(3) JAMESTOWN CAMPUSSCIENCE LABS 200,000
    JAMESTOWN RENAISSANCE CORPORATION
    119-21 WEST THIRD STREET
    JAMESTOWN,NY14701     		  501(C)(3) NEIGBORHOODCOORDINATOR POSITION 10,000
    JAMES PRENDERGAST LIBRARY ASSOCIATION
    509 CHERRY STREET
    JAMESTOWN,NY14701     		  501(C)(3) PURCHASE OF BOOKS/LIBRARY MATERIALS 270,000
    JAMES PRENDERGAST LIBRARY ASSOCIATION
    509 CHERRY STREET
    JAMESTOWN,NY14701     		  501(C)(3) CAPITAL PROJECTS 93,612
    THE RELIEF ZONE INC
    5 FREW RUN ROAD
    FREWSBURG,NY14738     		  501(C)(3) AFTER SCHOOLPROGRAMS 2,500
    WCA HOSPITAL
    207 FOOTE AVENUE
    JAMESTOWN,NY14701     		  501(C)(3) EMERGENCY DEPT.PROJECT 500,000
    WCA HOSPITAL
    207 FOOTE AVENUE
    JAMESTOWN,NY14701     		  501(C)(3) EMERGENCY DEPT.PROJECT 295,823
    YMCA OF JAMESTOWN
    101 EAST FOURTH STREET
    JAMESTOWN,NY14701     		  501(C)(3) CAMP ONYAHSA 25,000
    YMCA OF JAMESTOWN
    101 EAST FOURTH STREET
    JAMESTOWN,NY14701     		  501(C)(3) TEEN CENTER 20,000
    YWCA OF JAMESTOWN
    401 NORTH MAIN STREET
    JAMESTOWN,NY14701     		  501(C)(3) TEAM CHILDCARE PROGRAM 25,000
    Total ..................................bullet 3b 1,591,935
    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 10,052  
    4 Dividends and interest from securities....     14 278,783  
    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     18 287,309  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aMISCELLANEOUS INCOME         10,545
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   576,144 10,545
    13Total. Add line 12, columns (b), (d), and (e)...................
    13586,689
    (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.)
    11A CLASS ACTION LAWSUIT REVENUE AND REIMBURSED WAGES
    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:  
    Part VI Line 7 - Tax Paid Original Return: 2821


    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
    RALPH C SHELDON FOUNDATION INC
     
    Employer identification number

    16-6030502
    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
    RALPH C SHELDON FOUNDATION INC
          		Employer identification number

    16-6030502
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    1
     
     

    ISABELLA M SHELDON TRUST UA 6848    
    C/O JP MORGAN SERVICES 1 CHASE SQUA
       
    ROCHESTER, NY   14623

    		$1,813,979




    (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
    RALPH C SHELDON FOUNDATION INC
          		Employer identification number

    16-6030502
    Part II
    Noncash Property (see Instructions)
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part III
    Name of organization
    RALPH C SHELDON FOUNDATION INC
          		Employer identification number

    16-6030502
    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 AccountingFeesSchedule
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES ACCOUNTING 11,000 5,500   5,500

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

    TY 2010 DepreciationSchedule
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    TYPEWRITER 1986-11-25 940 940 SL 5.00        
    OFFICE FURNITURE & EQUIPMENT 1994-06-01 2,178 2,178 SL 5.00        
    FILE 1995-06-01 202 202 SL 5.00        
    ADDING MACHINE 1996-06-01 66 66 SL 5.00        
    FRAMING 1996-06-01 103 103 SL 5.00        
    OFFICE FURNITURE & EQUIPMENT 1997-06-01 200 200 SL 5.00        
    ALARM SYSTEM 1998-06-01 660 660 SL 5.00        
    EXECUTIVE CHAIR 2000-06-01 232 232 SL 5.00        
    PAPER SHREDDER 2000-06-01 296 296 SL 5.00        
    CHAIR - EXEC DIRECTOR 2003-01-29 120 120 SL 5.00        
    LEXMARK LASER PRINTER 2003-07-30 649 649 SL 5.00        
    OKIFAX MODEL 4580 FAX MACHINE 2003-10-03 699 624 SL 7.00 75      
    FIREPROOF CABINET 2005-06-23 1,035 932 SL 5.00 103      
    SPARTAN SMY15WL NOTEBOOK COMPUTER 2007-03-06 1,879 1,065 SL 5.00 376      
    SAMSUNG CLX8380ND COPIER 2010-03-16 3,890   SL 7.00 278      
    COPYSTAR MODEL 1810 COPIER 2003-06-26 1,795 1,667 SL 7.00 128      

    TY 2010 DistributionFromCorpusElection
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    Election:
    PURSUANT TO CODE SEC. 4942(H)(2) AND REG. 3.4942(A)-3(D)(2), RALPH C. SHELDON FOUNDATION INC. ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS COMING FROM CORPUS. BARCLAY O. WELLMAN, PRESIDENT

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

    TY 2010 GainLossSaleOtherAssetsSch
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    HUNTINGTON SHORT-TERM SECURITIES         1,280,788 1,205,229     75,559  
    HUNTINGTON LONG-TERM SECURITIES         95,229 95,597     -368  
    VANGUARD MID-CAP         235,000 174,264     60,736  
    VANGUARD INTL STOCK         389,000 259,753     129,247  
    VANGUARD INTERNATIONAL GROWTH         364,000 331,729     32,271  
    VANGUARD EXPLORER FUND ADMIRAL         219,000 238,889     -19,889  
    CAPITAL GAINS DIVIDENDS         9,753       9,753  

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    Name of Bond End of Year Book Value End of Year Fair Market Value
    138,536 SHS INTERMEDIATE-TERM BOND INDEX FUND VANGUARD 1,468,489 1,558,221
    55,878 SHS MANNING & NAPIER CORE PLUS BOND SERIES 605,650 612,425
    10,712 SHS MANNING & NAPIER HIGH YIELD BOND SERIES 110,329 115,053

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    Name of Stock End of Year Book Value End of Year Fair Market Value
    19,324 SHS EQUITY INCOME FUND VANGUARD 819,460 825,696
    6,840 SHS EXPLORER FUND VANGUARD 400,200 464,004
    19,371 SHS GROWTH AND INCOME FUND VANGUARD 804,879 832,562
    14,381 SHS 500 INDEX FUND VANGUARD 1,391,605 1,665,745
    9,485 SHS INTERNATIONAL GROWTH FUND VANGUARD 462,636 583,523
    4,870 SHS MID-CAP INDEX FUND VANGUARD 271,505 448,872
    5,786 SHS REIT INDEX FUND VANGUARD 345,344 453,859
    40,551 SHS TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD 387,760 639,088
    1,170 SHS BANK OF AMERICA MELLON CORP 34,537 35,334
    2,650 SHS SCHWAB (CHARLES) CORP 40,428 45,342
    660 SHS BECTON DICKINSON 46,453 55,783
    5,790 SHS BOSTON SCIENTIFIC CORP 42,068 43,830
    200 SHS CERNER CORP 15,520 18,948
    640 SHS COCA COLA CO 32,699 42,093
    1,150 SHS KRAFT FOODS INC 34,192 36,237
    1,110 SHS KROGER CO 24,780 24,820
    1,120 SHS SAFEWAY INC 24,800 25,189
    1,140 SHS UNILEVER PLC ADR NEW 34,066 35,203
    1,000 SHS WALT DISNEY CO 30,012 37,510
    860 SHS HOME DEPOT INC 24,237 30,152
    540 SHS LIBERTY CLOBAL INC CL A 18,356 19,105
    210 SHS SHERWIN-WILLIAMS CO W 1 RT SH 12,036 17,588
    1,700 SHS TIME WARNER INC 51,346 54,689
    660 SHS VIRGIN MEDIA INC 12,910 17,978
    800 SHS RANDSTAD HOLDING NV 29,696 42,587
    1,030 SHS AUTODESK INC W/1 RT/SH 26,293 39,346
    800 SHS AUTOMATIC DATA PROCESSING 31,970 37,024
    2,290 SHS CISCO SYSTEMS 55,388 46,327
    1,720 SHS EMC CORP/MASS 28,604 39,388
    130 SHS GOOGLE INC - CL A 65,535 77,216
    620 SHS JUNIPER NETWORKS INC 16,031 22,890
    160 SHS MASTERCARD INC CL A 34,503 35,858
    910 SHS QUALCOMM INC W 1 RT P/S EXP 35,309 45,036
    530 SHS VISA INC CLASS A SHARES 39,050 37,301
    2,020 SHS WESTERN UNION CO 33,366 37,511
    500 SHS BOEING CO 31,772 32,630
    420 SHS FEDEX CORP 31,917 39,064
    170 SHS FLOWSERVE CORP 17,829 20,267
    2,850 SHS SOUTHWEST AIRLINES CO 28,039 36,993
    740 SHS BAKER HIGHES INC 31,102 42,306
    950 SHS HESS CORP 54,560 72,713
    560 SHS SCHLUMBERGER LTD 36,088 46,760
    2,060 SHS WEATHERFORD INTL LTD 40,446 46,968
    220 SHS MARTIN MARIETTA MATLS INC COM 19,037 20,293
    990 SHS MONSANTO CO 61,051 68,944
    560 SHS OWENS ILLINOIS INC NEW 16,401 17,192
    430 SHS VULCAN MATERIALS CO W/1 RT/SH 16,558 19,075
    8,887 SHS MANNING & NAPIER SMALL CAP SERIES 66,119 82,560
    6,271 SHS MANNING & NAPIER TECHNOLOGY SERIES 61,268 72,932
    14,589 SHS MANNING & NAPIER INTERNATIONAL SERIES 126,916 129,111
    10,210 SHS MANNING & NAPIER WORLD OPPORTUNITIES SERIES 84,940 87,907
    9,363 SHS MANNING & NAPIER LIFE SCIENCES SERIES 93,724 114,041
    12,175 SHS MANNING & NAPIER FINANCIAL SERVICES SERIES 70,859 71,101
    3,450 SHS MANNING & NAPIER REAL ESTATE SERIES 34,833 43,399
    30,807 SHS INFLATION-PROTECT SEC ADM VANGUARD 769,740 786,822

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    US Government Securities - End of Year Book Value:

    747,813
    US Government Securities - End of Year Fair Market Value:

    765,980
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2010 LandEtcSchedule2
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    TYPEWRITER 940 940    
    OFFICE FURNITURE & EQUIPMENT 2,178 2,178    
    FILE 202 202    
    ADDING MACHINE 66 66    
    FRAMING 103 103    
    OFFICE FURNITURE & EQUIPMENT 200 200    
    ALARM SYSTEM 660 660    
    EXECUTIVE CHAIR 232 232    
    PAPER SHREDDER 296 296    
    CHAIR - EXEC DIRECTOR 120 120    
    LEXMARK LASER PRINTER 649 649    
    OKIFAX MODEL 4580 FAX MACHINE 699 699    
    FIREPROOF CABINET 1,035 1,035    
    SPARTAN SMY15WL NOTEBOOK COMPUTER 1,879 1,441 438  
    COPIER 3,890 278 3,612  


    TY 2010 OtherExpensesSchedule
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES & SUBSCRIPTIONS 3,163 1,582   1,581
    INSURANCE 4,060 2,030   2,030
    MISCELLANEOUS 406 166   166
    POSTAGE & SUPPLIES 1,035 555   554
    REPAIRS & MAINTENANCE 974 487   487
    PUBLIC RELATIONS 1,078 539   539


    TY 2010 OtherIncomeSchedule2
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SETTELEMENT AND WAGE REIM 10,545    


    TY 2010 OtherLiabilitiesSchedule
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    Description Beginning of Year - Book Value End of Year - Book Value
    TAXES WITHHELD/PAYABLE 4,881 4,437
    TAXES WITHHELD/PAYABLE 4,881 4,437


    TY 2010 OtherLiabilitiesSchedule
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    Description Beginning of Year - Book Value End of Year - Book Value
    TAXES WITHHELD/PAYABLE 4,881 4,437
    TAXES WITHHELD/PAYABLE 4,881 4,437


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES INVESTMENT MANAGEMENT FEES 24,404 24,404    


    TY 2010 TaxesSchedule
    Name:
    RALPH C SHELDON FOUNDATION INC
    EIN: 16-6030502
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NYS ANNUAL FEE 775      
    PAYROLL TAXES 8,722 4,361   4,361