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
REGINA BAUER FRANKENBERG FOUNDATION FOR
ANIMAL WELFARE P60633008

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

13-3741659
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$21,086,466J 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 249 249  
4 Dividends and interest from securities...... 373,472 376,668  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 478,074
b Gross sales price for all assets on line 6a 11,530,682
7 Capital gain net income (from Part IV, line 2)... 535,741
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 1,817 5,450  
12 Total. Add lines 1 through 11........ 853,612 918,108  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 172,020 154,818   17,202
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 9,315 5,253   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 2,850 10,431   2,850
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 184,185 170,502   20,052
25 Contributions, gifts, grants paid........ 900,000 900,000
26 Total expenses and disbursements. Add lines 24 and 25 1,084,185 170,502   920,052
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -230,573
b Net investment income (if negative, enter -0-) 747,606
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............... 44,408 48,329 48,329
2 Savings and temporary cash investments.......... 371,673 320,144 320,144
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 11,112,699 Click to see attachment12,096,773 14,085,601
c Investments—corporate bonds (attach schedule)........ 5,935,013 Click to see attachment5,086,622 5,295,288
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,846,376 Click to see attachment1,536,376 1,337,104
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) 19,310,169 19,088,244 21,086,466
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......... 19,310,169 19,088,244
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).................... 19,310,169 19,088,244
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 19,310,169 19,088,244
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 19,310,169
2 Enter amount from Part I, line 27a...................... 2 -230,573
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 8,648
4 Add lines 1, 2, and 3.......................... 4 19,088,244
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 19,088,244
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 STCG FROM AP ALTERNATIVE ASSETS LP      
c LTCG FROM AP ALTERNATIVE ASSETS LP      
d STCG FROM POWERSHARES DB COMMODITY INDEX TRACKING FUND      
e LTCG FROM POWERSHARES DB COMMODITY INDEX TRACKING FUND      
GAIN FROM POWERSHARES DB COMMODITY INDEX TRACKING FUND      
BASIS ADJUSTMENT FROM POWERSHARES DB COMMODITY INDEX TRACKING FUND      
CAPITAL GAINS DIVIDENDS P    
(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 11,517,490   11,052,608 464,882
b       2,894
c       9,785
d       185
e       2,097
      41,931
      775
13,192     13,192
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       464,882
b       2,894
c       9,785
d       185
e       2,097
      41,931
      775
      13,192
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 2 535,741
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 1,142,783 17,246,151 0.066263
2008 1,249,998 22,636,245 0.055221
2007 1,232,492 26,476,064 0.046551
2006 1,140,173 24,965,028 0.045671
2005 1,122,898 23,656,154 0.047467
2 Total of line 1, column (d) ...................... 2 0.261173
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 0.052235
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 19,943,163
5 Multiply line 4 by line 3....................... 5 1,041,731
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,476
7 Add lines 5 and 6......................... 7 1,049,207
8 Enter qualifying distributions from Part XII, line 4.............. 8 920,052
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2010)
Form 990-PF (2010)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 14,952
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 14,952
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 14,952
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 4,000
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 25,974
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 29,974
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 15,022
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet14,960 Refunded Bullet 11 62
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
Yes
 
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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) 464-2588
    Located atbullet270 PARK AVENUE FL 27NEW YORKNY ZIP+4bullet10017
    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
    3.00     		172,020 0 0
    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
    19,692,002
    b
    Average of monthly cash balances.......................
    1b
    554,864
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,246,866
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d..........................
    3
    20,246,866
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    303,703
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    19,943,163
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    997,158
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    997,158
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    14,952
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
    4,364
    c
    Add lines 2a and 2b............................
    2c
    19,316
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    977,842
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    977,842
    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
    977,842
    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
    920,052
    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
    920,052
    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
    920,052
    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 7 977,842
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009....... 287,609
    fTotal of lines 3a through e......... 287,609
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 920,052
    a Applied to 2009, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2010 distributable amount..... 920,052
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2010. 57,790 57,790
    (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 5 229,819
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		229,819
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009.... 229,819
    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:
    JACKIE ELIAS VP JPMORGAN CHASE BANK
    270 PARK AVE 16TH FLOOR
    NEW YORK,NY100172014
    (212) 464-2439
    bThe form in which applications should be submitted and information and materials they should include:
    NO MANDATORY FORMAT; INCLUDE COPY OF 501(C) IRS LETTER
    cAny submission deadlines:
    SEPTEMBER 30TH
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ORGANIZATIONS MUST BE EXCLUSIVELY FOR THE CARE OF ANIMALS.
    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
    FARM SANCTUARY INC
    PO BOX 150
    WATKINS GLEN,NY14891     		NONE PUBLIC CHARITY PROGRAM SUPPORT 60,000
    FRIENDS OF ANIMALS INC
    777 POST ROAD
    DARIEN,CT06820     		NONE PUBLIC CHARITY PROGRAM SUPPORT 100,000
    HUMANE SOCIETY OF THE UNITED STATES
    2100 L STREET NW
    WASHINGTON,DC20037     		NONE PUBLIC CHARITY PROGRAM SUPPORT 100,000
    MAYOR'S ALLIANCE FOR NYC'S ANIMALS INC
    244 FIFTH AVE STE R290
    NEW YORK,NY10001     		NONE PUBLIC CHARITY PROGRAM SUPPORT 125,000
    PEOPLE AND PREDATORS FUND INC
    PO BOX 624
    BERNARDSVILLE,NJ07924     		NONE PUBLIC CHARITY PROGRAM SUPPORT 40,000
    ST HUBERT'S GIRALDA INC DBA ST HUBERT'S ANIMAL WELFARE CENTER
    575 WOODLAND AVE
    MADISON,NJ07940     		NONE PUBLIC CHARITY PROGRAM SUPPORT 60,000
    TUFTS COLLEGE
    200 WESTBORO RD
    NORTH GRAFTON,MA01536     		NONE PUBLIC CHARITY PROGRAM SUPPORT 75,000
    THE HUMANE SOCIETY OF ROCHESTER AND MONROE COUNTY PCA INC
    99 VICTOR ROAD
    FAIRPORT,NY14450     		NONE PUBLIC CHARITY PROGRAM SUPPORT 55,000
    THE XERCES SOCIETY
    4828 SE HAWTHORNE BLVD
    PORTLAND,OR97215     		NONE PUBLIC CHARITY PROGRAM SUPPORT 40,000
    SNOW LEOPARD TRUST
    4649 SUNNYSIDE AVENUE NORTH
    SEATTLE,WA98103     		NONE PUBLIC CHARITY PROGRAM SUPPORT 40,000
    AFRICAN WILDLIFE FOUNDATION
    1400 SIXTEENTH STREET NW SUITE 120
    WASHINGTON,DC20036     		NONE PUBLIC CHARITY PROGRAM SUPPORT 45,000
    NORTHERN ROCKIES CONSERVATION COOPERATIVE
    PO BOX 2705
    JACKSON,WY83001     		NONE PUBLIC CHARITY PROGRAM SUPPORT 60,000
    EARTH ISLAND INSTITUTE
    2150 ALLSTON WAY SUITE 460
    BERKELEY,CA947041375     		NONE PUBLIC CHARITY PROGRAM SUPPORT 50,000
    THE ANIMAL MEDICAL CENTER
    510 EAST 62ND STREET
    NEW YORK,NY10065     		NONE PUBLIC CHARITY PROGRAM SUPPORT 50,000
    Total .................................bullet 3a 900,000
    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     01 249  
    4 Dividends and interest from securities....     14 373,472  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....     14 1,529  
    8Gain or (loss) from sales of assets other than inventory     18 478,074  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aEXCISE TAX REFUND - 12/31/2008     01 288  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 853,612 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    13853,612
    (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:
    REGINA BAUER FRANKENBERG FOUNDATION FOR
    ANIMAL WELFARE P60633008
    EIN: 13-3741659
    Category Amount
    N/A 0

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    REGINA BAUER FRANKENBERG FOUNDATION FOR
    ANIMAL WELFARE P60633008
    EIN: 13-3741659
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GOLDMAN SACHS TRUST HIGH YIELD FUND INSTITUTIONAL SHS - 57974.792 SHS 409,882 423,216
    VANGUARD FIXED INCOME SECS F INTR TRM CP PT (FUND 71) - 20741.351 SHS 202,643 205,754
    ISHARES BARCLAYS TIPS BOND FUND - 3785 SHS 372,521 406,963
    EATON VANCE MUT FDS TR FLT RT CL I - 46397.668 SHS 406,444 415,723
    JPM HIGH YIELD FD - SEL FUND 3580 6.12% - 132171.264 SHS 1,001,388 1,077,196
    JPM SHORT DURATION BOND FD - SEL FUND 3133 1.20% - 137764.028 SHS 1,474,474 1,511,271
    DREYFUS/LAUREL FDS TR PRM EMRGN MK I - 14955.912 SHS 209,981 216,262
    JPM STR INC OPP FD FUND 3844 2.16% - 52362.592 SHS 604,003 619,449
    JPM INTL CURRENCY INCOME FD INCOME FUND 1.45% - 37284.821 SHS 405,286 419,454

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    REGINA BAUER FRANKENBERG FOUNDATION FOR
    ANIMAL WELFARE P60633008
    EIN: 13-3741659
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES - 200 SHS 8,940 9,582
    ALEXION PHARMACEUTICALS INC - 40 SHS 2,232 3,222
    AMAZON COM INC - 45 SHS 5,377 8,100
    AMERICAN EXPRESS CO - 50 SHS 2,118 2,146
    APACHE CORP - 95 SHS 7,106 11,327
    APPLE INC. - 64 SHS 7,125 20,644
    BB & T CORP - 100 SHS 1,583 2,629
    BAKER HUGHES INC - 90 SHS 4,542 5,145
    CVS CAREMARK CORPORATION - 200 SHS 5,405 6,954
    CAMPBELL SOUP COMPANY - 75 SHS 2,732 2,606
    CARDINAL HEALTH INC - 125 SHS 3,307 4,789
    CELGENE CORPORATION - 95 SHS 3,680 5,618
    CISCO SYSTEMS INC - 650 SHS 5,602 13,150
    CITRIX SYSTEMS INC - 35 SHS 2,404 2,394
    COLGATE PALMOLIVE CO - 50 SHS 3,928 4,019
    WALT DISNEY CO - 200 SHS 3,544 7,502
    DOW CHEMICAL CO - 175 SHS 4,953 5,975
    E I DU PONT DE NEMOURS & CO - 260 SHS 9,839 12,969
    E M C CORP MASS - 175 SHS 3,597 4,008
    FREEPORT-MCMORAN COPPER & GOLD INC CL B - 105 SHS 3,137 12,609
    GENERAL ELECTRIC CO - 225 SHS 3,453 4,115
    GENERAL MILLS INC - 100 SHS 3,694 3,559
    INTERNATIONAL BUSINESS MACHINES CORP - 55 SHS 2,169 8,072
    JOHNSON CONTROLS INC - 300 SHS 4,790 11,460
    KELLOGG CO - 25 SHS 1,215 1,277
    LENNAR CORP - 75 SHS 1,162 1,406
    LOWES COMPANIES INC - 150 SHS 3,459 3,762
    MICROSOFT CORP - 725 SHS 13,033 20,235
    MORGAN STANLEY - 150 SHS 2,663 4,082
    NATIONAL-OILWELL VARCO INC - 35 SHS 2,123 2,354
    NIKE INC B - 50 SHS 2,809 4,271
    NORFOLK SOUTHERN CORP - 215 SHS 8,494 13,506
    NOVELLUS SYSTEMS INC - 125 SHS 3,120 4,040
    OCCIDENTAL PETROLEUM CORP - 125 SHS 5,431 12,263
    ORACLE CORP - 300 SHS 6,885 9,390
    PACCAR INC - 155 SHS 3,552 8,888
    PARKER-HANNIFIN CORP - 20 SHS 796 1,726
    PEPSICO INC - 75 SHS 3,905 4,900
    PFIZER INC - 775 SHS 10,031 13,570
    PROCTER & GAMBLE CO - 200 SHS 7,006 12,866
    QUALCOMM INC - 225 SHS 7,376 11,135
    T ROWE PRICE INTERNATIONAL FUNDS INC NEW ASIA FUND - 27247.26 SHS 394,853 522,602
    SPDR S&P 500 ETF TRUST - 1806 SHS 190,976 227,105
    SANDISK CORP - 40 SHS 1,721 1,994
    SOUTHERN CO - 125 SHS 3,692 4,779
    SPRINT NEXTEL CORP - 725 SHS 3,063 3,067
    STAPLES INC - 275 SHS 4,274 6,262
    STATE STREET CORP - 50 SHS 1,983 2,317
    SYSCO CORP - 75 SHS 2,321 2,205
    UNITED TECHNOLOGIES CORP - 150 SHS 3,849 11,808
    XILINX CORP - 125 SHS 3,575 3,623
    COGNIZANT TECHNOLOGY SOLUTIONS CORP CL A - 50 SHS 2,409 3,665
    SEMPRA ENERGY - 40 SHS 2,089 2,099
    CITIGROUP INC - 1900 SHS 7,704 8,987
    WELLS FARGO & CO - 325 SHS 4,370 10,072
    THORNBURG VALUE FUND FD CL I - 19628.081 SHS 600,810 676,187
    BANK OF AMERICA CORP - 651 SHS 3,232 8,684
    GOLDMAN SACHS GROUP INC - 50 SHS 3,704 8,408
    DEVON ENERGY CORP - 85 SHS 5,537 6,673
    EOG RESOURCES INC - 85 SHS 6,189 7,770
    HONEYWELL INTERNATIONAL INC - 140 SHS 5,963 7,442
    UNITEDHEALTH GROUP INC - 70 SHS 2,630 2,528
    ISHARES S&P MIDCAP 400 INDEX FUND - 4076 SHS 286,380 369,652
    VERIZON COMMUNICATIONS INC - 275 SHS 7,269 9,840
    COACH INC - 75 SHS 2,504 4,148
    US BANCORP DEL - 150 SHS 2,278 4,046
    DODGE & COX INTERNATIONAL STOCK - 12470.203 SHS 294,546 445,311
    ADVANCED AUTO PARTS INC - 50 SHS 1,500 3,308
    3M CO - 40 SHS 3,454 3,452
    YUM BRANDS INC - 175 SHS 5,873 8,584
    COMCAST CORP CL A - 150 SHS 2,538 3,296
    CARNIVAL CORPORATION - 100 SHS 3,301 4,611
    ARBITRAGE FUNDS - I CL I - 32043.797 SHS 420,735 409,840
    ASTON OPTIMUM MID CAP FUND I - 10652.253 SHS 320,207 344,600
    GOOGLE INC CL A - 8 SHS 2,245 4,752
    WELLPOINT INC - 20 SHS 1,108 1,137
    JPM US REAL ESTATE FD - SEL FUND 3037 - 40750.773 SHS 506,986 634,897
    JPM INTREPID AMERICA FD - SEL FUND 1206 - 18512.48 SHS 373,212 424,491
    JPM MARKET EXPANSION INDEX FD - SEL FUND 3708 - 16541.204 SHS 142,916 177,983
    JPM ASIA 3 FD - SEL FUND 1134 - 13541.837 SHS 402,866 512,965
    VANGUARD MSCI EMERGING MARKETS ETF - 18615 SHS 823,420 896,238
    JPM US LRGE CAP CORE PLUS FD - SEL FUND 1002 - 30312.157 SHS 580,000 626,552
    AT&T INC - 125 SHS 4,783 3,673
    STARWOOD HOTELS & RESORTS - 50 SHS 1,048 3,039
    POWERSHARES DB COMMODITY INDEX TRACKING FUND - 8700 SHS 186,473 239,685
    HARTFORD CAPITAL APPRECIATION FUND - 20195.145 SHS 596,511 699,560
    CME GROUP INC CLASS A COMMON STOCK - 10 SHS 2,831 3,218
    EATON VANCE MUT FDS TR GLOBAL MACRO - I - 61195.85 SHS 632,281 628,481
    INVESCO LTD - 100 SHS 1,956 2,406
    PHILIP MORRIS INTERNATIONAL - 80 SHS 1,880 4,682
    SPDR GOLD TRUST - 650 SHS 61,568 90,168
    DEUTSCHE BK ARN SPX 7/28/11 - 110000 SHS 107,800 117,953
    ACE LTD NEW - 50 SHS 2,110 3,113
    EAGLE SER MID CAP STK I - 20976.926 SHS 477,435 588,193
    TYCO INTERNATIONAL LTD - 100 SHS 3,771 4,144
    TIME WARNER INC NEW - 425 SHS 9,245 13,672
    COVIDIEN PLC - 75 SHS 2,704 3,425
    THREADNEEDLE ASIA PACIFIC FUND - R5 - 34591.146 SHS 420,641 489,465
    HSBC 18M SPX MKT PLS NOTE 02/10/11 - 55000 SHS 54,450 67,799
    MERCK AND CO INC - 300 SHS 8,283 10,812
    JPM RESEARCH MARKET NEUTRAL FD - SEL FUND - SEL - 13662.025 SHS 213,322 210,942
    HSBC EAFE BREN 02/17/11 - 200000 SHS 198,000 201,640
    BARC EAFE BREN 02/10/11 - 200000 SHS 198,000 209,140
    HSBC SPX BREN 02/10/11 - 200000 SHS 198,000 218,640
    GS SPX MKT PLS NOTE 08/04/11 - 195000 SHS 192,563 226,619
    HSBC SPX BREN 02/17/11 - 195000 SHS 193,050 216,177
    GS SPX CONT BUFF EQ NOTE 08/18/11 - 200000 SHS 197,500 232,122
    DB ASIA BREN 03/24/11 - 200000 SHS 198,000 230,462
    HIGHBRIDGE DYNAMIC COMM STRG FD -SEL STRATEGY FUND - SE - 27300.072 SHS 381,109 528,802
    MS SPX CONT BUFF EQ NOTE 10/03/11 - 200000 SHS 197,500 215,670
    GS EAFE NOTE 04/25/11 - 200000 SHS 197,540 195,556
    MS COMMODITY CPN 04/14/11 KNOCK-OUT NOTES - 100000 SHS 99,000 107,000
    DB ASIA BSKT BREN 04/28/11 - 200000 SHS 198,000 219,353
    GS SPX CONT BUFF EQ NOTE 11/21/11 - 200000 SHS 197,500 222,830
    DB ASIA BREN 07/10/11 - 200000 SHS 198,000 233,390
    GS EAFE BREN 06/17/11 - 200000 SHS 198,000 218,896
    NEXTERA ENERGY INC - 50 SHS 2,541 2,600
    BARC SPX BREN 07/15/11 - 200000 SHS 198,000 220,300
    DB BREN SPX 08/29/11 - 200000 SHS 198,000 215,231
    MS WTI QRN 11/25/11- 200000 SHS 200,000 203,000
    JUNIPER NETWORKS INC - 175 SHS 2,777 6,461
    EXXON MOBIL CORP - 265 SHS 10,064 19,377
    METLIFE INC - 100 SHS 2,509 4,444
    MARVELL TECHNOLOGY GROUP LTD - 150 SHS 2,991 2,783
    PRUDENTIAL FINANCIAL INC - 100 SHS 2,239 5,871
    CONOCOPHILLIPS - 125 SHS 5,949 8,513
    BIOGEN IDEC INC - 25 SHS 1,499 1,676
    BAIDU INC SPONS ADR - 30 SHS 2,761 2,896
    TD AMERITRADE HOLDING CORPORATION - 175 SHS 2,759 3,323
    MASTERCARD INC - CLASS A - 15 SHS 2,702 3,362
    GENERAL MOTORS CO - 130 SHS 4,529 4,792

    TY 2010 InvestmentsOtherSchedule2
    Name:
    REGINA BAUER FRANKENBERG FOUNDATION FOR
    ANIMAL WELFARE P60633008
    EIN: 13-3741659
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER ALTERNATIVE INVESTMENTS AT COST 1,536,376 1,337,104

    TY 2010 OtherExpensesSchedule
    Name:
    REGINA BAUER FRANKENBERG FOUNDATION FOR
    ANIMAL WELFARE P60633008
    EIN: 13-3741659
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NEW YORK ATTORNEY GENERAL FILING FEE 750 0   750
    ANIMAL GRANTMAKERS ASSOCIATION - ANNUAL DUES 2,100 0   2,100
    EXPENSE FROM AP ALTERNATIVE ASSETS LP 0 9,313   0
    EXPENSE FROM POWERSHARES DB COMMODITY INDEX TRACKING FUND 0 1,118   0


    TY 2010 OtherIncomeSchedule2
    Name:
    REGINA BAUER FRANKENBERG FOUNDATION FOR
    ANIMAL WELFARE P60633008
    EIN: 13-3741659
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    DISTRIBUTIONS FROM AP ALTERNATIVE ASSETS LP 1,529 1,529 1,529
    CANCELLATION OF DEBT FROM AP ALTERNATIVE ASSETS LP 3,797 3,797 3,797
    CANCELLATION OF DEBT FROM AP ALTERNATIVE ASSETS LP -3,797 0 -3,797
    OTHER INCOME FROM AP ALTERNATIVE ASSETS LP 124 124 124
    OTHER INCOME FROM AP ALTERNATIVE ASSETS LP -124 0 -124
    EXCISE TAX REFUND - 12/31/2008 288   288


    TY 2010 OtherIncreasesSchedule
    Name:
    REGINA BAUER FRANKENBERG FOUNDATION FOR
    ANIMAL WELFARE P60633008
    EIN: 13-3741659
    Description Amount
    RETURN OF CAPITAL ADJUSTMENT 8,648


    TY 2010 TaxesSchedule
    Name:
    REGINA BAUER FRANKENBERG FOUNDATION FOR
    ANIMAL WELFARE P60633008
    EIN: 13-3741659
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ESTIMATED EXCISE TAX PAID - CURRENT YEAR 2,100 0   0
    EXCISE TAX PAID - PRIOR YEAR 962 0   0
    FOREIGN TAXES PAID 4,834 4,834   0
    CT-13 STATE INCOME TAXES 419 419   0
    990T ESTIMATED TAX PAID - CURRENT YEAR 1,000 0   0