Form990-PF
Click to see attachment

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
Bill and Ann Bresnan Foundation Inc
 

Number and street (or P.O. box number if mail is not delivered to street address)c/o Foundation Source 501 Silversid   Room/suite
City or town, state, and ZIP code
Wilmington, DE198091377
A Employer identification number

20-0765497
B Telephone number (see page 10 of the instructions)

(800) 839-1754
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$2,713,164J 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) 69,075
2 Check bullet
3 Interest on savings and temporary cash investments 1,149 1,149  
4 Dividends and interest from securities...... 34,889 34,889  
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 30,591
b Gross sales price for all assets on line 6a 1,361,384
7 Capital gain net income (from Part IV, line 2)... 30,591
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 5,344    
12 Total. Add lines 1 through 11........ 141,048 66,629  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 56 56    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 853      
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 15,440 3   15,437
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 16,349 59   15,437
25 Contributions, gifts, grants paid........ 683,565 683,565
26 Total expenses and disbursements. Add lines 24 and 25 699,914 59   699,002
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -558,866
b Net investment income (if negative, enter -0-) 66,570
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 3,166,208 310,988 310,988
3 Accounts receivable bullet3,645
Less: allowance for doubtful accounts bullet     3,645 3,645
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)   Click to see attachment76,584 75,505
b Investments—corporate stock (attach schedule)........   Click to see attachment1,580,923 1,705,798
c Investments—corporate bonds (attach schedule)........   Click to see attachment635,202 617,228
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,166,208 2,607,342 2,713,164
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
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 3,166,208 2,607,342
30 Total net assets or fund balances (see page 17 of the
instructions).................... 3,166,208 2,607,342
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,166,208 2,607,342
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 3,166,208
2 Enter amount from Part I, line 27a...................... 2 -558,866
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,607,342
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 2,607,342
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
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 1,361,384   1,330,793 30,591
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       30,591
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 30,591
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 1,271,246 1,859,878 000.683510
2008 6,227,792 2,754,636 002.260840
2007 364,610 6,612,025 000.055143
2006 299,012 6,448,045 000.046373
2005 261,273 6,372,545 000.041000
2 Total of line 1, column (d) ...................... 2 003.086866
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. . . 		3 000.617373
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 2,893,347
5 Multiply line 4 by line 3....................... 5 1,786,274
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 666
7 Add lines 5 and 6......................... 7 1,786,940
8 Enter qualifying distributions from Part XII, line 4.............. 8 699,002
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 1,331
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  
3 Add lines 1 and 2............................ 3 1,331
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 1,331
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 800
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 531
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Tax Paid Original Return: 1331 7 1,331
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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)bullet
    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 addressbullet  
    14
    The books are in care ofbulletco Foundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
    No
    .........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). Click to see attachment
    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
    Yes
     
    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
    Jennifer Benedict Director
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    Ann Bresnan President
    001.00     		0   425
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    Patrick Bresnan Vice President / Secretary
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    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  
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    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
    880,900
    b
    Average of monthly cash balances.......................
    1b
    2,056,508
    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
    2,937,408
    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
    2,937,408
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) Click to see attachment............................
    4
    44,061
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,893,347
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    144,667
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    144,667
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    1,331
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,331
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    143,336
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    143,336
    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
    143,336
    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 Click to see attachment..........
    1a
    699,002
    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
    699,002
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    699,002
    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 7 143,336
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only.......  
    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....... 62,647
    d From 2008....... 6,091,212
    e From 2009....... 1,178,358
    fTotal of lines 3a through e......... 7,332,217
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 699,002
    a Applied to 2009, but not more than line 2a  
    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)...     		 
    d Applied to 2010 distributable amount..... 143,336
    e Remaining amount distributed out of corpus 555,666
    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 7,887,883
    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 ..........     		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) ...........     		 
    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 ......     		7,887,883
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007.... 62,647
    c Excess from 2008.... 6,091,212
    d Excess from 2009.... 1,178,358
    e Excess from 2010.... 555,666
    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).)
    Ann Bresnan
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    AMERICARES INC
    88 HAMILTON AVE
    STAMFORD,CT06902     		N/A 509(a)(1) Haiti Relief Project 25,000
    BETSY-TACY SOCIETY
    PO BOX 94
    MANKATO,MN56002     		N/A 509(a)(2) General Unrestricted 5,000
    BOYS HOPE GIRLS HOPE OF NEW YORK IN
    PO BOX 80477
    STATEN ISLAND,NY10308     		N/A 509(a)(1) General Unrestricted 5,000
    BREAST CANCER ALLIANCE INC
    15 E PUTNAM AVE
    GREENWICH,CT06830     		N/A 509(a)(1) General Unrestricted 10,000
    BRIDGEPORT ROMAN CATHOLIC DIOCESAN
    238 JEWETT AVE
    BRIDGEPORT,CT06606     		N/A 509(a)(1) Annual Bishops Appeal Program 100,000
    BRIDGEPORT ROMAN CATHOLIC DIOCESAN
    238 JEWETT AVE
    BRIDGEPORT,CT06606     		N/A 509(a)(1) Bridgeport Diocese Schools 100,000
    COVENANT HOUSE
    460 W 41ST ST
    NEW YORK,NY10036     		N/A 509(a)(1) General Unrestricted 3,000
    EMMA L BOWEN FOUNDATION
    1299 PENNSYLVANIA AVE NW
    WASHINGTON,DC20004     		N/A 509(a)(1) General Unrestricted 5,000
    FAMILY RE ENTRY INC
    9 MOTT AVE STE 104
    NORWALK,CT06850     		N/A 509(a)(1) General Unrestricted 5,000
    FIVER CHILDRENS FOUNDATION INC
    519 8TH AVE 24TH FL
    NEW YORK,NY10028     		N/A 509(a)(1) General Unrestricted 25,000
    FONDATION FESTIVAL FILM JAKMEL
    RTE DE MEYER
    JACMEL    
    HA     		N/A Other Expenditure Responsibility Grant 10,000
    GLOBAL PARTNERSHIP FOR AFGHANISTAN
    PO BOX 1237
    NEW YORK,NY10276     		N/A 509(a)(1) General Unrestricted 25,000
    GREENWICH LIBRARY
    101 W PUTNAM AVE
    GREENWICH,CT06830     		N/A 509(a)(1) General Unrestricted 3,000
    INNER-CITY FOUNDATION FOR CHARITY
    238 JEWETT AVE
    BRIDGEPORT,CT06606     		N/A 509(a)(1) General Unrestricted 25,000
    MALTA HOUSE INC
    5 PROWITT ST
    NORWALK,CT06855     		N/A 509(a)(1) Charitable Event 25,000
    MINNESOTA STATE UNIVERSITY MANKATO
    236 WIGLEY ADMIN CENTER
    MANKATO,MN56001     		N/A 509(a)(1) Charitable Event 3,000
    NATIONAL COALITION FOR CANCER SURVI
    1010 WAYNE AVE STE 770
    SILVER SPRIN,MD20910     		N/A 509(a)(1) General Unrestricted 10,000
    NATIONAL MPS SOCIETY INC
    4220 APEX HWY STE 140
    DURHAM,NC27713     		N/A 509(a)(1) Charitable Event 10,000
    PATHWAYS INC
    175 MILBANK AVE
    GREENWICH,CT06830     		N/A 509(a)(1) General Unrestricted 5,000
    PROSTATE CANCER FOUNDATION
    1250 4TH ST
    SANTA MONICA,CA90401     		N/A 509(a)(1) Weill Cornell Prostate Cancer Research Program 218,565
    SCHOLA FOUNDATION
    145 GOOD COUNSEL DR
    MANKATO,MN56001     		N/A 509(a)(1) Marilyn Ken Berg Scholarship Fund 5,000
    SCHOLA FOUNDATION
    145 GOOD COUNSEL DR
    MANKATO,MN56001     		N/A 509(a)(1) Charitable Event 10,000
    SISTERS OF CHARITY - HALIFAX
    85-10 61ST RD
    REGO PARK,NY11374     		N/A 509(a)(1) General Unrestricted 1,000
    ST JOHN THE BAPTIST CATHOLIC CHURC
    632 S BROAD ST
    MANKATO,MN56001     		N/A 509(a)(1) Capital Fund 15,000
    ST MARON MARONITE CATHOLIC CHURCH
    602 UNIVERSITY AVE NE
    MINNEAPOLIS,MN55413     		N/A 509(a)(1) Tele-Lumiere Project 5,000
    WATERSIDE SCHOOL INC
    535 FAIRFIELD AVE
    STAMFORD,CT06902     		N/A 509(a)(1) General Unrestricted 25,000
    WORLD VISION INTERNATIONAL
    34834 WEYERHAEUSER WAY S
    FEDERAL WAY,WA98001     		N/A 509(a)(1) Women of Vision, Fairfield County Division 5,000
    Total .................................bullet 3a 683,565
    bApproved for future payment
    Total ..................................bullet 3b  
    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 1,149  
    4 Dividends and interest from securities....     14 34,889  
    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 30,591  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aTax Refund     01 5,344  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   71,973  
    13Total. Add line 12, columns (b), (d), and (e)...................
    1371,973
    (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: 10000149
    Software Version: 2010.2.15
    Part VI Line 7 - Tax Paid Original Return: 1331


    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
    Bill and Ann Bresnan Foundation Inc
     
    Employer identification number

    20-0765497
    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 2 of Part I
    Name of organization
    Bill and Ann Bresnan Foundation Inc
          		Employer identification number

    20-0765497
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0001
     
     

    Cox Communications Inc    
    co Pat Esser 1400 Lake Hearn Drive
       
    Atlanta, GA   30319

    		$5,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0002
     
     

    Dolan Charles F    
    340 Crossways Park Drive
       
    Woodbury, NY   11797

    		$5,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0003
     
     

    Entrepreneurs Club    
    co Gustave M Hauser 712 Fifth Avenu
       
    New York, NY   10019

    		$5,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0004
     
     

    Kent Jerald L    
    13351 Buckland Hall Road
       
    Town Country, MO   63131

    		$5,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0005
     
     

    Lenfest HF    
    300 Barr Harbor Drive
       
    West Conshohocken, PA   19428

    		$5,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0006
     
     

    Time Warner Cable    
    co Finance Dept 60 Columbus Circle
       
    New York, NY   10023

    		$5,000




    (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 2 of 2 of Part I
    Name of organization
    Bill and Ann Bresnan Foundation Inc
          		Employer identification number

    20-0765497
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0007
     
     

    Viacom International Inc    
    co Finance Dept 1540 Broadway 32nd
       
    New York, NY   10036

    		$10,000




    (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
    Bill and Ann Bresnan Foundation Inc
          		Employer identification number

    20-0765497
    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
    Bill and Ann Bresnan Foundation Inc
          		Employer identification number

    20-0765497
    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: 10000149
    Software Version: 2010.2.15

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

    TY 2010 ExpenditureResponsibilityStmt
    Name:
    Bill and Ann Bresnan Foundation Inc
    EIN: 20-0765497
    Software ID:10000149
    Software Version:2010.2.15
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    Rainbows Children's Hospice
          		Lark Rise
    Loughborough Leicester    
    UK     		2009-04-16 100,000 To fund construction at Rainbows Children's Hospice 100,000 To the knowledge of the grantor, no funds have been diverted to any activity other than the activity 8/17/10   The grantor has no reason to doubt the accuracy or reliability of the report from the grantee; therefore, no independent verification of the report was made.
    Fondation Festival Film Jakmel dba Cine Institute
          		Route de Meyer
    Jacmel    
    HA     		2010-12-21 10,000 To help fund the Cine Lekol Project.   To the knowledge of the grantor, no funds have been diverted to any activity other than the activity 2011   The grantor has no reason to doubt the accuracy or reliability of the report from the grantee; therefore, no independent verification of the report was made.

    TY 2010 GeneralExplanationAttachment
    Name:
    Bill and Ann Bresnan Foundation Inc
    EIN: 20-0765497
    Software ID:10000149
    Software Version:2010.2.15
    Identifier Return Reference Explanation

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    Bill and Ann Bresnan Foundation Inc
    EIN: 20-0765497
    Software ID:10000149
    Software Version:2010.2.15
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALTRIA GROUP INC 9.700 11/10/2018 02209SAD5 2000000.00% 27,350 26,487
    AMERICAN EXPRESS CO SR NT 7.25000 05/20/2014 025816BA6 3000000.00% 35,511 34,193
    AVNET INC NT 6.625 09/15/2016 053807AN3 3000000.00% 34,463 33,157
    BLOCK FINL CORP 7.875 01/15/2013 093662AD6 2500000.00% 26,056 26,209
    BRINKER INTL INC NT - 5.750 - 06/01/2014 109641AE0 2500000.00% 26,500 26,275
    CA INC SR NT 144A 6.12500 12/01/2014 12673PAB1 3000000.00% 33,949 32,727
    DONNELLEY R R SONS CO NT 6.125 01/15/2017 257867AT8 3000000.00% 31,538 30,667
    FISERV INC SR NOTES 06.86000 11/20/2017 337738AG3 2000000.00% 23,202 22,077
    FORTUNE BRANDS INC NT 5.375 01/15/2016 349631AL5 3000000.00% 32,854 31,025
    GOODRICH PETE CORP-5.00-10/1/2029 382410AC28 600000.00% 5,559 5,790
    HERTZ CORP SR NT 144A 8.875 01/01/2014 428040BZ1 3000000.00% 30,975 30,675
    HUMANA INC NOTES 6.450 06/01/2016 MAKE WHOLE 444859AV4 3000000.00% 33,606 32,817
    LIMITED BRANDS INC NT - 6.900 - 07/15/2017 532716AM9 3000000.00% 32,550 32,025
    LUCENT TECH INC-2.875-6/15/2025 549463AH07 400000.00% 3,739 3,775
    MASCO CORP BONDS 6.125 10/03/2016 574599BD7 3000000.00% 30,813 30,696
    OLD REP INTL-8.00-5/15/12 680223AF11 200000.00% 2,665 2,538
    OMNICOM GROUP INC SER 5.900 04/15/2016 681919AS5 3000000.00% 34,732 33,349
    QWEST CORP NT 7.50000 10/01/2014 74913GAG0 3000000.00% 34,200 33,600
    SEAGATE TECH-6.80-10/01/2016 81180RAE27 2500000.00% 25,502 25,125
    SPRINT NEXTEL CORP BD 6.000 12/01/2016 MAKE WHOLE 852061AD2 3500000.00% 35,087 33,819
    SUPERVALU INC NOTE 08.00000 05/01/2016 MAKE WHOLE 868536AT0 3000000.00% 30,488 28,725
    WASHINGTON MUTUAL 2003-S1 5.500 04/25/2033 929227H82 3000000.00% 31,800 30,815
    WILLIS NORTH AMERICAINC CR SENS-6.20-03/28/2017 970648AD3 3000000.00% 32,063 30,662

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    Bill and Ann Bresnan Foundation Inc
    EIN: 20-0765497
    Software ID:10000149
    Software Version:2010.2.15
    Name of Stock End of Year Book Value End of Year Fair Market Value
    300 shares of ABB LTD. ABB 6,353 6,735
    175 shares of ABBOTT LABS ABT 8,916 8,384
    227 shares of AETNA INC. NEW AET 6,953 6,926
    57 shares of AGCO CP AGCO 2,087 2,888
    195 shares of ALCOA INC. AA 2,330 3,001
    37 shares of ALLIANT TECH SYS INC ATK 2,750 2,754
    351 shares of AMEREN CORPORATION AEE 10,007 9,895
    200 shares of AMERICAN EXPRESS CO AXP 7,803 8,584
    65 shares of AON CORP AON 2,581 2,991
    75 shares of APACHE CORPORATION APA 7,331 8,942
    25 shares of APPLE INC. AAPL 7,049 8,064
    11548 shares of AQR DIVERSIFIED ARBITRAGE FUND CLASS N ADANX 126,671 128,302
    15 shares of ARCH CAPITAL GROUP LTD. ACGL 1,241 1,321
    168 shares of ARCH COAL INC. ACI 4,363 5,890
    7423 shares of ARTIO GLOBAL HIGH INCOME FUND CLASS A BJBHX 79,753 78,978
    10510 shares of ARTISAN INTERNATIONAL VALUE FUND INVESTOR SHS ARTKX 253,672 284,926
    96 shares of AXIS CAPITAL HOLDINGS LTD AXS 3,136 3,444
    250 shares of BANK NEW YORK MELLON CORP COM BK 6,548 7,550
    1347 shares of BANRO CORPORATION BAA 3,192 5,415
    81 shares of BEST BUY INC. BBY 2,876 2,777
    71 shares of BRISTOW GROUP BRS 2,503 3,362
    222 shares of CAMECO CORPORATION CCJ 6,141 8,964
    31 shares of CANADIAN PACIFIC RAILWAY LTD CP 1,870 2,009
    200 shares of CENOVUS ENERGY INC CVE 5,812 6,648
    307 shares of CHESAPEAKE ENERGY CORPORATION CHK 6,931 7,954
    100 shares of CHEVRONTEXACO CORP CVX 8,172 9,125
    100 shares of CHURCH DWIGHT COMMON CHD 6,496 6,902
    300 shares of CISCO SYSTEMS INC CSCO 6,570 6,069
    25 shares of CME GROUP, INC CME 7,475 8,044
    68 shares of CNA FINANCIAL CORPORATION CNA 1,873 1,839
    100 shares of COLGATE-PALMOLIVE COMPANY CL 7,675 8,037
    67 shares of CONSOL ENERGY INC. CNX 2,506 3,266
    75 shares of CRESUD S.A.C.I.F. Y A. - AMERICAN DEPOSITARY SHARE CRESY.PK 1,241 1,424
    1309 shares of DAIWA SECURITIES GROUP DSEEY.PK 5,027 6,794
    150 shares of DANAHER CORP DHR 6,063 7,076
    40 shares of DOMTAR LTD UFS 2,523 3,037
    81 shares of ELECTROBRAS-CENTRA PR ADR EBR-B 1,257 1,349
    75 shares of EOG RESOURCES INC EOG 7,145 6,856
    150 shares of EXPRESS SCRIPTS INC. ESRX 7,295 8,108
    21767 shares of FIDELITY GINNIE MAE FGMNX 259,244 249,667
    75 shares of FISERV INC FISV 4,087 4,392
    122 shares of FOREST LABORATORIES FRX 3,749 3,902
    175 shares of FRESH DEL MONTE PROD FDP 3,754 4,366
    275 shares of GENERAL ELECTRIC CO GE 4,483 5,030
    495 shares of GOLD FIELDS LTD ADS GFI 7,499 8,974
    104 shares of GOODRICH PETROLEUM CORP NEW GDP 1,339 1,835
    57 shares of GUOCO GROUP LTD UNSP/ADR GULRY.PK 1,334 1,525
    1094 shares of HARDING, LOEVNER FUNDS, INC. EMERGING MARKETS PORT HLEMX 50,221 56,692
    25 shares of HUMANA INC HUM 1,230 1,369
    104 shares of IDACORP INC HLDG CO IDA 3,769 3,846
    150 shares of INGERSOL-RAND PLC IR 5,813 7,064
    300 shares of INGRAM MICRO INC - CL A IM 5,007 5,727
    50 shares of INTERNATIONAL BUSINESS MACHINES IBM 6,782 7,338
    200 shares of JP MORGAN CHASE CO JPM 7,657 8,484
    537 shares of KINROSS GOLD CORP KGC 10,020 10,182
    403 shares of KROGER CO KR 8,575 9,011
    98 shares of LAYNE CHRISTENSEN COMPANY LAYN 2,503 3,373
    300 shares of LENNAR CORP LEN 4,708 5,625
    100 shares of LOEWS CORP L 3,746 3,891
    212 shares of MARSH AND MCLENNAN COMPANIES INC MMC 5,007 5,796
    100 shares of MCDONALDS CORP MCD 7,468 7,676
    100 shares of MEDNAX, INC. MD 5,265 6,729
    4829 shares of MERGER FUND-SBI MERFX 76,374 76,203
    200 shares of METLIFE INC. MET 7,736 8,888
    225 shares of MOODYS CORP MCO 6,068 5,972
    100 shares of NESTLE S.A. NSRGY.PK 5,335 5,882
    189 shares of NEXEN INC NXY 3,959 4,328
    288 shares of NOVAGOLD RESOURCES NG 2,497 4,110
    75 shares of OCCIDENTAL PETE CORP OXY 6,065 7,358
    384 shares of OJSC POLYUS GOLD ADR OPYGY.PK 10,022 13,997
    182 shares of OMNICARE INC. OCR 4,170 4,621
    150 shares of OMNICOM GROUP OMC 5,931 6,870
    250 shares of ORACLE CORP ORCL 6,825 7,825
    154 shares of PETROBRAS ENERGIA SA BUENOS AIRES PZE 2,498 4,063
    72 shares of RANGE RESOURCES CORP DEL RRC 2,677 3,239
    75 shares of ROPER INDUSTRIES NEW COMMON ROP 5,213 5,732
    247 shares of SAIC INC SAI 3,905 3,917
    100 shares of SCHLUMBERGER LTD SLB 6,199 8,350
    110 shares of SHAW GROUP INC SHAW 3,768 3,765
    99 shares of SILVER STANDARD RES. INC. SSRI 1,979 2,794
    210 shares of SK TELECOM ADS ADS SKM 3,751 3,912
    254 shares of SKYWEST, INC. SKYW 3,814 3,967
    152 shares of SMITHFIELD FOODS SFD 2,503 3,136
    1392 shares of SPDR DJ WILSHIRE INT RWX 50,080 54,191
    2288 shares of SPDR SP 500 ETF TRUST SPY 254,883 287,715
    753 shares of SUMITOMO TRUST BANKING CO LTD STBUY.PK 3,757 4,774
    80 shares of TECH DATA CORP TECD 3,122 3,522
    118 shares of TELUS CORP TU 5,020 5,140
    403 shares of TESORO CORP TSO 5,364 7,472
    175 shares of TEVA PHARMECEUTICAL SP ADR TEVA 9,223 9,123
    78 shares of TIM PARTICIPACOES S A SPONSORED ADR REPSTG PFD TSU 2,513 2,663
    175 shares of TYCO INTERNATIONAL LTD. TYC 6,480 7,252
    318 shares of TYSON FOODS INC CL A TSN 5,009 5,476
    148 shares of WEATHERFORD INTL NEW WFT 2,497 3,374
    91 shares of WESTERN DIGITAL CORP WDC 2,585 3,085
    111 shares of ZIMMER HOLDINGS INC ZMH 5,654 5,958

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    Bill and Ann Bresnan Foundation Inc
    EIN: 20-0765497
    Software ID:10000149
    Software Version:2010.2.15
    US Government Securities - End of Year Book Value:

    76,584
    US Government Securities - End of Year Fair Market Value:

    75,505
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2010 OtherExpensesSchedule
    Name:
    Bill and Ann Bresnan Foundation Inc
    EIN: 20-0765497
    Software ID:10000149
    Software Version:2010.2.15
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 15,012     15,012
    Bank Charges 3 3    
    Postage fees 425     425


    TY 2010 OtherIncomeSchedule2
    Name:
    Bill and Ann Bresnan Foundation Inc
    EIN: 20-0765497
    Software ID:10000149
    Software Version:2010.2.15
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Federal Tax Refund 5,344    


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    Bill and Ann Bresnan Foundation Inc
    EIN: 20-0765497
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 56 56    


    TY 2010 TaxesSchedule
    Name:
    Bill and Ann Bresnan Foundation Inc
    EIN: 20-0765497
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated Tax for 2010 800 0 0 0
    Excise Tax for 2009 53 0 0 0