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
Posner-Wallace Foundation
 

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

52-6037555
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$3,274,200J 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) 250,000
2 Check bullet
3 Interest on savings and temporary cash investments 27 27  
4 Dividends and interest from securities...... 77,676 77,676  
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 10,314
b Gross sales price for all assets on line 6a 22,888
7 Capital gain net income (from Part IV, line 2)... 10,134
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).......      
12 Total. Add lines 1 through 11........ 338,017 87,837  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 15,000     15,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 1,100      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 31     31
21 Travel, conferences, and meetings....... 4,064     4,064
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 17,532 140   17,392
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 37,727 140   36,487
25 Contributions, gifts, grants paid........ 163,580 163,580
26 Total expenses and disbursements. Add lines 24 and 25 201,307 140   200,067
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 136,710
b Net investment income (if negative, enter -0-) 87,697
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.......... 518,847 330,451 330,451
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) bullet400,000
Less: allowance for doubtful accounts bullet   250,000 Click to see attachment400,000 400,000
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)........ 1,419,392 Click to see attachment1,564,408 2,455,987
c Investments—corporate bonds (attach schedule)........ 84,936 Click to see attachment115,026 87,762
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) 2,273,175 2,409,885 3,274,200
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 2,273,175 2,409,885
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,273,175 2,409,885
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,273,175 2,409,885
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 2,273,175
2 Enter amount from Part I, line 27a...................... 2 136,710
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,409,885
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 2,409,885
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 22,888   12,754 10,134
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       10,134
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 10,134
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 159,880 2,172,823 000.073582
2008 119,393 2,001,152 000.059662
2007 114,100 2,315,651 000.049273
2006 122,662 2,066,451 000.059359
2005 105,774 1,946,344 000.054345
2 Total of line 1, column (d) ...................... 2 000.296221
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. . . 		3 000.059244
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 2,939,492
5 Multiply line 4 by line 3....................... 5 174,147
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 877
7 Add lines 5 and 6......................... 7 175,024
8 Enter qualifying distributions from Part XII, line 4.............. 8 200,067
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 1 877
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............................ 3 877
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- ..... 5 877
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 1,800
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Tax Paid Original Return: 1800 7 1,800
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 10 923
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet923 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
     
     
    .........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
    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
    Suzanne M Cohen Trustee
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    Diana Erbsen Trustee
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    James R Posner President / Trustee
    003.00     		15,000    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    Lawrence D Posner Trustee
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    Nicholas Posner Trustee
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    Jill Prosky Trustee
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    Elisabeth Posner Schouten Trustee
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    Rachel C Smith Secretary / Trustee
    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
    2,228,686
    b
    Average of monthly cash balances.......................
    1b
    484,474
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    271,096
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,984,256
    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
    2,984,256
    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
    44,764
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,939,492
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    146,975
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    146,975
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    877
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    877
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    146,098
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    146,098
    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
    146,098
    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
    200,067
    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
    200,067
    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
    877
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    199,190
    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 7 146,098
    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....... 9,777
    b From 2006....... 21,827
    c From 2007....... 754
    d From 2008....... 18,157
    e From 2009....... 52,519
    fTotal of lines 3a through e......... 103,034
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 200,067
    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..... 146,098
    e Remaining amount distributed out of corpus 53,969
    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 5 157,003
    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) .............     		9,777
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		147,226
    10 Analysis of line 9:
    a Excess from 2006.... 21,827
    b Excess from 2007.... 754
    c Excess from 2008.... 18,157
    d Excess from 2009.... 52,519
    e Excess from 2010.... 53,969
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    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
    13 PLAYWRIGHTS
    195 WILLOUGHBY AVE STE 402
    BROOKLYN,NY11205     		N/A 509(a)(1) General Unrestricted 1,000
    826 SEATTLE
    8414 GREENWOOD AVE N
    SEATTLE,WA98103     		N/A 509(a)(1) General Unrestricted 250
    ABRAHAM FUND INC
    9 E 45TH ST FL 7
    NEW YORK,NY10017     		N/A 509(a)(1) General Unrestricted 2,000
    ACTION WITHOUT BORDERS INC
    302 5TH AVE FL 11
    NEW YORK,NY10001     		N/A 509(a)(1) General Unrestricted 1,000
    ACTORS COMPANY THEATRE INC
    900 BROADWAY STE 905
    NEW YORK,NY10003     		N/A 509(a)(1) General Unrestricted 400
    AMERICAN FRIENDS -SOROKA MEDICAL CT
    845 3RD AVE-20TH FL
    NEW YORK,NY10022     		N/A 509(a)(1) General Unrestricted 180
    AMERICAN JEWISH JOINT DIST COMMITT
    711 3RD AVE
    NEW YORK,NY10017     		N/A 509(a)(1) Taub Center in Jerusalem 2,500
    AMERICAN JEWISH WORLD SERVICE INC
    45 W 36TH ST 11TH FL
    NEW YORK,NY10018     		N/A 509(a)(1) General Unrestricted 5,000
    AMERICAN JEWISH WORLD SERVICE INC
    45 W 36TH ST 11TH FL
    NEW YORK,NY10018     		N/A 509(a)(1) Relief and Ongoing Reconstruction Efforts in Haiti 1,500
    AMERICAN PARKINSON DISEASE ASSOC
    PO BOX 75169
    SEATTLE,WA98175     		N/A 509(a)(1) General Unrestricted 250
    AMERICAN RED CROSS
    2020 E W HWY
    SILVER SPRING,MD20910     		N/A 509(a)(1) General Unrestricted 500
    AMERICAN SOCIETY FOR MUSLIM ADVANCE
    475 RIVERSIDE DR STE 248
    NEW YORK,NY10115     		N/A 509(a)(1) General Support to Create the Park 51 Islamic Center 400
    AMERICAN SOCIETY FOR THE PREVENTION
    520 8TH AVE 7TH FL
    NEW YORK,NY10018     		N/A 509(a)(1) General Unrestricted 500
    AMERICAN UNIVERSITY
    4400 MASSACHUSETTS AVE NW
    WASHINGTON,DC20016     		N/A 509(a)(1) Renewal Funding for The Stanley I. Posner Prize 500
    AMHERST COLLEGE TRUSTEES
    PO BOX 5000
    AMHERST,MA01002     		N/A 509(a)(1) General Unrestricted 1,200
    AMNESTY INTERNATIONAL USA INC
    5 PENN PLZ FL 16
    NEW YORK,NY10001     		N/A 509(a)(1) General Unrestricted 500
    ANSHE EMETH MEMORIAL TEMPLE
    222 LIVINGSTON AVE
    NEW BRUNSWICK,NJ08901     		N/A 509(a)(1) General Unrestricted 100
    ART WITH HEART
    PO BOX 94402
    SEATTLE,WA98124     		N/A 509(a)(1) General Unrestricted 250
    ARTIST TRUST
    1835 12TH AVE
    SEATTLE,WA98122     		N/A 509(a)(1) General Unrestricted 250
    ASHOKA
    1700 N MOORE ST STE 2000
    ARLINGTON,VA22209     		N/A 509(a)(1) Youth Ventures in Costa Rica Israel General Support 5,000
    ASSOCIATION FOR RELIGION AND INTELL
    475 RIVERSIDE DR STE 1945
    NEW YORK,NY10115     		N/A 509(a)(1) Support of Cross Currents 400
    ATLANTIC COMMUNITY THRIFT SHOP RT 2
    PO BOX 1520
    OCEAN VIEW,DE19970     		N/A 509(a)(2) General Unrestricted 500
    BALD RIDGE LODGE INC
    112 N MAIN ST
    CUMMING,GA30040     		N/A 509(a)(1) General Unrestricted 500
    BALLET HISPANICO OF NEW YORK
    167 W 89TH ST
    NEW YORK,NY10024     		N/A 509(a)(1) General Unrestricted 1,000
    BALLET TECH FOUNDATION INC
    890 BROADWAY
    NEW YORK,NY10003     		N/A 509(a)(1) General Unrestricted 1,000
    BEEBE MEDICAL CENTER INC
    424 SAVANNAH RD
    LEWES,DE19958     		N/A 509(a)(1) General Unrestricted 400
    BETHESDA CHEVY CHASE RESCUE SQUAD I
    5020 BATTERY LN
    BETHESDA,MD20814     		N/A 509(a)(1) General Unrestricted 400
    BRAIN INJURY ASSOCIATION OF AMERICA
    1608 SPRING HILL RD STE 110
    VIENNA,VA22182     		N/A 509(a)(1) General Unrestricted 200
    BRAIN INJURY ASSOCIATION OF MARYLAN
    2200 KERNAN DR RM T810
    BALTIMORE,MD21207     		N/A 509(a)(1) General Unrestricted 1,000
    BREAD FOR THE CITY INC
    1525 7TH ST NW
    WASHINGTON,DC20001     		N/A 509(a)(1) General Unrestricted 400
    CAPITAL AREA FOOD BANK
    645 TAYLOR ST NE
    WASHINGTON,DC20017     		N/A 509(a)(1) General Unrestricted 2,000
    CARINGBRIDGE
    1715 YANKEE DOODLE RD STE 301
    EAGAN,MN55121     		N/A 509(a)(1) General Unrestricted 250
    CASA FOR CHILDREN OF THE DISTRICT O
    919 18TH ST NW STE 510
    WASHINGTON,DC20006     		N/A 509(a)(1) General Unrestricted 500
    CATHEDRAL CHURCH OF ST JOHN THE DIV
    1047 AMSTERDAM AVE
    NEW YORK,NY10025     		N/A 509(a)(1) Charitable Event 300
    CENTRAL ASIA INSTITUTE
    PO BOX 7209
    BOZEMAN,MT59771     		N/A 509(a)(1) General Unrestricted 300
    CENTRAL DISTRICT FORUM FOR ARTS AND
    PO BOX 22824
    SEATTLE,WA98122     		N/A 509(a)(1) General Unrestricted 150
    CENTRUM FOUNDATION
    PO BOX 1158
    PORT TOWNSEND,WA98368     		N/A 509(a)(1) General Unrestricted 250
    CHABAD OF RANCHO MIRAGE-THE TORAH O
    72295 VIA MARTA
    RANCHO MIRAGE,CA92270     		N/A 509(a)(1) General Unrestricted 360
    CHESAPEAKE BAY FOUNDATION INC
    6 HERNDON AVE
    ANNAPOLIS,MD21403     		N/A 509(a)(1) General Unrestricted 400
    CHILDHOOD BRAIN TUMOR FOUNDATION
    20312 WATKINS MEADOW DR
    GERMANTOWN,MD20876     		N/A 509(a)(1) General Unrestricted 1,000
    CHILDRENS HOSPITAL
    111 MICHIGAN AVE NW
    WASHINGTON,DC20010     		N/A 509(a)(1) General Unrestricted 1,000
    CITY HARVEST INC
    575 8TH AVE FL 4
    NEW YORK,NY10018     		N/A 509(a)(1) General Unrestricted 1,000
    CITY OF DREAMS
    PO BOX 77007
    SAN FRANCISCO,CA94107     		N/A 509(a)(1) General Unrestricted 250
    CONCERTS AT THE BEACH INC
    PO BOX 57
    BETHANY BEACH,DE19930     		N/A 509(a)(1) General Unrestricted 100
    CONGREGATION B'NAI JESHURUN
    2109 BROADWAY STE 203
    New York,NY10023     		N/A 509(a)(1) Yom Kippur Appeal and General Support 1,500
    CORBINDANCES INC
    196 W 134TH ST
    NEW YORK,NY10030     		N/A 509(a)(1) General Unrestricted 350
    COURT APPOINTED SPECIAL ADVOCATES I
    50 BROADWAY FL 31
    NEW YORK,NY10004     		N/A 509(a)(1) General Unrestricted 500
    COVENANT HOUSE WASHINGTON DC
    2100 MISSISSIPPI AVE SE
    WASHINGTON,DC20020     		N/A 509(a)(1) General Unrestricted 1,000
    CUMMING PLAYHOUSE
    100 MAIN ST
    CUMMING,GA30040     		N/A 509(a)(1) General Unrestricted 300
    DAWN - DOMESTIC ABUSE WOMENS NETWOR
    PO BOX 88007
    TUKWILA,WA98138     		N/A 509(a)(1) General Unrestricted 280
    DEUTSCHE BANK MICROCREDIT DEVELOPME
    60 WALL ST MSNYC 60-21
    NEW YORK,NY10005     		N/A 509(a)(1) General Unrestricted 200
    DICKINSON COLLEGE
    PO BOX 1773
    CARLISLE,PA17013     		N/A 509(a)(1) General Unrestricted 300
    DISTRICT OF COLUMBIA JEWISH COMMUNI
    1529 16TH ST NW
    WASHINGTON,DC20036     		N/A 509(a)(2) Summer Camp Tuition Assistance for Low-income Residents in Nearby Neighborhood 1,500
    DOCTORS WITHOUT BORDERS USA INC
    333 7TH AVE 2ND FL
    NEW YORK,NY10001     		N/A 509(a)(1) General Unrestricted 3,000
    DOE FUND INC
    232 E 84TH ST
    NEW YORK,NY10028     		N/A 509(a)(1) General Unrestricted 1,000
    DOROT INC
    171 W 85TH ST
    NEW YORK,NY10024     		N/A 509(a)(1) General Unrestricted 3,000
    DRISHA INSTITUTE FOR JEWISH EDUCATI
    37 W 65TH ST FL 5
    NEW YORK,NY10023     		N/A 509(a)(1) General Unrestricted 200
    EAST CAROLINA UNIVERSITY FOUNDATION
    2200 S CHARLES BLVD STE 1100
    GREENVILLE,NC27858     		N/A 509(a)(1) General Unrestricted 200
    ECHO HILL CAMPERSHIP FUND
    PO BOX 5923
    BETHESDA,MD20824     		N/A 509(a)(1) General Unrestricted 250
    FLORENCE CRITTENTON SERVICES
    840 BRODERICK ST
    SAN FRANCISCO,CA94115     		N/A 509(a)(1) General Unrestricted 250
    FORSYTH COUNTY HUMANE SOCIETY INC
    PO BOX 337
    CUMMING,GA30028     		N/A 509(a)(2) General Unrestricted 300
    FOUNDATION CENTER
    79 5TH AVE
    NEW YORK,NY10003     		N/A 509(a)(1) General Unrestricted 2,500
    FOUNDATION FOR CONSERVATIVE MASORTI
    475 RIVERSIDE DR STE 832
    NEW YORK,NY10115     		N/A 509(a)(1) General Unrestricted 300
    FRESH AIR FUND
    633 3RD AVE
    NEW YORK,NY10017     		N/A 509(a)(1) General Unrestricted 500
    FRIENDS OF THE ARAVA INSTITUTE LTD
    410 ACCOMAC RD
    HARRISBURG,PA17103     		N/A 509(a)(2) General Unrestricted 400
    FRIENDS OF THE SOUTH COASTAL LIBRAR
    PO BOX 1617
    BETHANY BEACH,DE19930     		N/A 509(a)(1) General Unrestricted 300
    FRIENDS OF TONY INC
    1595 PEACHTREE PKWY STE 204 PMB 353
    CUMMING,GA30041     		N/A 509(a)(1) General Unrestricted 300
    FRIENDS OF YEMIN ORDE INC
    12230 WILKINS AVE
    ROCKVILLE,MD20852     		N/A 509(a)(1) General Unrestricted 250
    GIRLS INCORPORATED OF NEW YORK CITY
    64 BEAVER ST STE 121
    NEW YORK,NY10004     		N/A 509(a)(1) General Unrestricted 1,000
    GLSEN INC
    90 BROAD ST 2ND FL
    NEW YORK,NY10004     		N/A 509(a)(1) General Unrestricted 200
    GODS LOVE WE DELIVER INC
    166 AVE OF THE AMERICAS
    NEW YORK,NY10013     		N/A 509(a)(1) Support Research Conducted in Guidestar 750
    GOUCHER COLLEGE
    1021 DULANEY VALLEY RD
    BALTIMORE,MD21204     		N/A 509(a)(1) General Unrestricted 200
    GREATER WASHINGTON EDUCATIONAL TELE
    2775 S QUINCY ST
    ARLINGTON,VA22206     		N/A 509(a)(2) General Unrestricted 1,000
    GUIDING EYES FOR THE BLIND INC
    611 GRANITE SPRINGS RD
    YORKTOWN HTS,NY10598     		N/A 509(a)(1) General Unrestricted 3,500
    HADASSAH THE WOMENS ZIONIST ORGANIZ
    50 W 58TH ST
    NEW YORK,NY10019     		N/A 509(a)(1) Hadassah Medical Organization at Ein Kerem 1,000
    HADASSAH THE WOMENS ZIONIST ORGANIZ
    50 W 58TH ST
    NEW YORK,NY10019     		N/A 509(a)(1) Hadassah College in Jerusalem 2,000
    HADASSAH THE WOMENS ZIONIST ORGANIZ
    50 W 58TH ST
    NEW YORK,NY10019     		N/A 509(a)(1) Young Judaea Programs of Hadassah 2,000
    HAITIAN ALLIANCE INC
    PO BOX 723725
    ATLANTA,GA31139     		N/A 509(a)(1) General Unrestricted 250
    HARVARD COLLEGE
    OFC OF THE RECORDING SECRETARY 124
    CAMBRIDGE,MA02138     		N/A 509(a)(1) General Unrestricted 400
    HENRY GALLERY ASSOCIATION INC
    PO BOX 351410
    SEATTLE,WA98195     		N/A 509(a)(1) General Unrestricted 250
    HOLLINS UNIVERSITY CORPORATION
    PO BOX 9707
    ROANOKE,VA24020     		N/A 509(a)(1) General Unrestricted 800
    HUMANE SOCIETY FOR SEATTLE-KING CO
    13212 SE EASTGATE WAY
    BELLEVUE,WA98005     		N/A 509(a)(1) General Unrestricted 250
    I EARN INC
    475 RIVERSIDE DR STE 540
    NEW YORK,NY10115     		N/A 509(a)(1) General Unrestricted 600
    INDEPENDENCE NOW INC
    12301 OLD COLUMBIA PIKE
    SILVER SPRING,MD20904     		N/A 509(a)(1) General Unrestricted 400
    INTEGRATED COMMUNITY MINISTRIES INC
    4837 RATTLESNAKE RDG
    STEARNS,KY42647     		N/A 509(a)(1) General Unrestricted 300
    INTERNATIONAL KEYBOARD INSTITUTE AN
    229 W 97TH ST APT 1B
    NEW YORK,NY10025     		N/A 509(a)(2) General Unrestricted 1,000
    INTERNATIONAL RESCUE COMMITTEE INC
    122 E 42ND ST
    NEW YORK,NY10168     		N/A 509(a)(1) General Unrestricted 1,500
    INTERNATIONAL SEPHARDIC EDUCATION F
    135 W 29TH ST RM 303
    NEW YORK,NY10001     		N/A 509(a)(1) General Unrestricted 400
    IONA SENIOR SERVICES
    4125 ALBEMARLE ST NW
    WASHINGTON,DC20016     		N/A 509(a)(1) General Unrestricted 1,500
    JEWISH COMMUNITY CENTER OF GREATER
    6125 MONTROSE RD
    ROCKVILLE,MD20852     		N/A 509(a)(2) General Unrestricted 400
    JEWISH COUNCIL FOR THE AGING OF GRE
    12320 PARKLAWN DR
    ROCKVILLE,MD20852     		N/A 509(a)(1) General Unrestricted 1,500
    JEWISH FUNDS FOR JUSTICE INC
    330 7TH AVE STE 210
    NEW YORK,NY10001     		N/A 509(a)(1) General Unrestricted 1,000
    JEWISH NATIONAL FUND-KEREN KAYEMETH
    42 E 69TH ST
    NEW YORK,NY10021     		N/A 509(a)(1) General Unrestricted 1,000
    JEWISH NATIONAL FUND-KEREN KAYEMETH
    42 E 69TH ST
    NEW YORK,NY10021     		N/A 509(a)(1) Special Support for Fires in Northern Israel 500
    JEWISH ORTHODOX FEMINIST ALLIANCE I
    520 8TH AVE
    NEW YORK,NY10018     		N/A 509(a)(1) General Unrestricted 200
    JEWISH SOCIAL SERVICE AGENCY
    200 WOOD HILL RD
    ROCKVILLE,MD20850     		N/A 509(a)(1) General Unrestricted 1,000
    JEWISH WOMEN'S ARCHIVE INC
    138 HARVARD ST
    BROOKLINE,MA02446     		N/A 509(a)(1) General Unrestricted 200
    JOHNS CREEK UNITED METHODIST CHURCH
    11180 MEDLOCK BRIDGE RD
    JOHNS CREEK,GA30097     		N/A 509(a)(1) General Unrestricted 500
    JOSE LIMON DANCE FOUNDATION
    307 W 38TH ST RM 1105
    NEW YORK,NY10018     		N/A 509(a)(2) General Unrestricted 500
    JUVENILE DIABETES RESEARCH FOUNDATI
    3525 PIEDMONT RD NE BLDG 6 STE 300
    ATLANTA,GA30305     		N/A 509(a)(1) General Unrestricted 250
    KCTS TELEVISION
    401 MERCER ST
    SEATTLE,WA98109     		N/A 509(a)(1) General Unrestricted 100
    KQED INC
    2601 MARIPOSA ST
    SAN FRANCISCO,CA94110     		N/A 509(a)(1) General Unrestricted 250
    Lambert High School
    805 NICHOLS RD
    SUWANEE,GA30024     		N/A 509(a)(1) Tennis Booster Club/Lights Division 2,500
    LEGAL AID SOCIETY
    199 WATER ST
    NEW YORK,NY10038     		N/A 509(a)(1) General Unrestricted 1,000
    LEGAL AID SOCIETY OF THE DISTRICT O
    1331 H ST NW
    WASHINGTON,DC20005     		N/A 509(a)(1) General Unrestricted 1,000
    LIGHTHOUSE FOR THE BLIND INC
    2501 S PLUM ST
    SEATTLE,WA98144     		N/A 509(a)(2) General Unrestricted 250
    LOUISIANA ASSISTIVE TECHNOLOGY ACCE
    PO BOX 14115
    BATON ROUGE,LA70898     		N/A 509(a)(1) General Unrestricted 300
    LUBUTO LIBRARY PROJECT INC
    5505 CONNECTICUT AVE NW
    WASHINGTON,DC20015     		N/A 509(a)(1) General Unrestricted 500
    LUCILE PACKARD FOUNDATION FOR CHILD
    400 HAMILTON AVE
    PALO ALTO,CA94301     		N/A 509(a)(1) General Unrestricted 250
    MANNA INC
    828 EVARTS ST NE
    WASHINGTON,DC20018     		N/A 509(a)(1) General Unrestricted 1,000
    MARKET FOUNDATION
    85 PIKE ST STE 500
    SEATTLE,WA98101     		N/A 509(a)(1) General Unrestricted 2,000
    MARTHAS TABLE
    2124 14TH ST NW
    WASHINGTON,DC20009     		N/A 509(a)(1) General Unrestricted 500
    MAZON INC A JEWISH RESPONSE TO HUNG
    10495 SANTA MONICA BLVD STE 100
    LOS ANGELES,CA90025     		N/A 509(a)(1) General Unrestricted 2,500
    MIRROR STAGE
    2212 QUEEN ANNE AVE N 294
    SEATTLE,WA98109     		N/A 509(a)(1) General Unrestricted 5,000
    MIRROR STAGE
    2212 QUEEN ANNE AVE N 294
    SEATTLE,WA98109     		N/A 509(a)(1) Enhancements to Website for Ticketing, Contact Management and Coordination of Databases 1,000
    MONTEFIORE MEDICAL CENTER
    111 E 210TH ST
    BRONX,NY10467     		N/A 509(a)(1) Montefiore Womens Center Community HIV Programs 400
    MONTGOMERY HOSPICE INC
    1355 PICCARD DR STE 100
    ROCKVILLE,MD20850     		N/A 509(a)(1) General Unrestricted 400
    MOVING TRADITIONS
    115 W AVE STE 102
    JENKINTOWN,PA19046     		N/A 509(a)(2) Boy Thing Program 360
    MUSEUM OF MODERN ART
    11 W 53RD ST
    NEW YORK,NY10019     		N/A 509(a)(1) General Unrestricted 250
    MY NEW RED SHOES
    111 ANZA BLVD
    BURLINGAME,CA94010     		N/A 509(a)(1) General Unrestricted 250
    MYOTONIC DYSTROPHY FOUNDATION
    3031 STANFORD RANCH RD
    ROCKLIN,CA95765     		N/A 509(a)(1) General Unrestricted 250
    NAKED ANGELS LTD
    191 7TH AVE STE 2-S
    NEW YORK,NY10011     		N/A 509(a)(1) General Unrestricted 400
    NATIONAL NETWORK OF ABORTION FUNDS
    PO BOX 390412
    CAMBRIDGE,MA02139     		N/A 509(a)(1) General Unrestricted 250
    NATURE CONSERVANCY
    4245 N FAIRFAX DR STE 100
    ARLINGTON,VA22203     		N/A 509(a)(1) General Unrestricted 350
    NEW DRAMATISTS INC
    424 W 44TH ST
    NEW YORK,NY10036     		N/A 509(a)(1) General Unrestricted 250
    NEW ISRAEL FUND
    330 7TH AVE 11TH FL
    NEW YORK,NY10001     		N/A 509(a)(1) Shatil Program in Comparative Law and General Operating Expenses 5,000
    NEW YORK PUBLIC RADIO
    160 VARICK ST
    NEW YORK,NY10013     		N/A 509(a)(1) General Unrestricted 300
    NEW YORK RESTORATION PROJECT
    254 W 31ST ST FL 10
    NEW YORK,NY10001     		N/A 509(a)(1) Support of the Million Trees NYC initiative 1,250
    NEW YORK THEOLOGICAL SEMINARY
    475 RIVERSIDE DR STE 500
    NEW YORK,NY10115     		N/A 509(a)(1) General Pperating Support 1,000
    NEW YORK UNIVERSITY
    726 BROADWAY - 2ND FL - RM 238
    NEW YORK,NY10003     		N/A 509(a)(1) General Unrestricted 400
    NOAHS ARK ANIMAL REHABILITATION CEN
    712 L G GRIFFIN RD
    LOCUST GROVE,GA30248     		N/A 509(a)(1) General Unrestricted 200
    NORTH STAR FUND INC
    520 8TH AVE 22ND FL
    NEW YORK,NY10018     		N/A 509(a)(1) General Unrestricted 300
    NORTHEASTERN UNIVERSITY SCHOOL OF L
    400 HUNTINGTON AVE
    BOSTON,MA02115     		N/A 509(a)(1) Law School Co-op Program 1,500
    NORTHWEST HARVEST E M M
    711 CHERRY ST
    SEATTLE,WA98104     		N/A 509(a)(1) General Unrestricted 400
    NPOWER GREATER DC REGION INC
    2001 S ST NW STE 630
    WASHINGTON,DC20009     		N/A 509(a)(1) General Unrestricted 1,500
    NPOWER NY INC
    3 METRO TECH CENTER
    BROOKLYN,NY11201     		N/A 509(a)(1) General Unrestricted 1,500
    ONEAMERICA
    1225 S WELLER ST STE 200
    SEATTLE,WA98144     		N/A 509(a)(1) General Unrestricted 250
    P E F ISRAEL ENDOWMENT FUNDS INC
    317 MADISON AVE STE 607
    NEW YORK,NY10017     		N/A 509(a)(1) Counseling Center for Women CCW 300
    P E F ISRAEL ENDOWMENT FUNDS INC
    317 MADISON AVE STE 607
    NEW YORK,NY10017     		N/A 509(a)(1) Israel Family Planning Assn Inter-Religious Coordinating Council 1,200
    PACIFIC LUTHERAN UNIVERSITY KPLU R
    2601 4TH AVE STE 150
    SEATTLE,WA98121     		N/A 509(a)(1) General Unrestricted 250
    PENINSULA HUMANE SOCIETY SPCA
    12 AIRPORT BLVD
    SAN MATEO,CA94401     		N/A 509(a)(2) General Unrestricted 250
    PHILLIPS BROOK HOUSE ASSOCIATION IN
    HARVARD UNIVERSITY
    CAMBRIDGE,MA02138     		N/A 509(a)(1) General Unrestricted 300
    PLANNED PARENTHOOD ASSOCIATION OF M
    1108 16TH ST NW
    WASHINGTON,DC20036     		N/A 509(a)(2) General Unrestricted 250
    PLANNED PARENTHOOD OF THE GREAT NOR
    2001 E MADISON ST
    SEATTLE,WA98122     		N/A 509(a)(2) General Unrestricted 350
    PRINCETON UNIVERSITY - ANNUAL GIVIN
    GIFT RECORDS BOX 5357
    PRINCETON,NJ08543     		N/A 509(a)(1) General Unrestricted 800
    PROJECT ENTERPRISE
    144 W 125TH ST FL 4
    NEW YORK,NY10027     		N/A 509(a)(1) General Unrestricted 1,000
    QUEEN ANNE HELPLINE INC
    311 W MCGRAW
    SEATTLE,WA98119     		N/A 509(a)(1) General Unrestricted 350
    RACHAELS WOMENS CENTER
    1222 11TH ST NW
    WASHINGTON,DC20001     		N/A 509(a)(1) General Unrestricted 1,000
    RADIO BILINGUE INC
    5005 E BELMONT AVE
    FRESNO,CA93727     		N/A 509(a)(1) General Unrestricted 2,000
    RESOURCE AREA FOR TEACHING
    1355 RIDDER PARK DR
    SAN JOSE,CA95131     		N/A 509(a)(1) General Unrestricted 250
    RIVERSIDE PARK FUND INC
    475 RIVERSIDE DR STE 455
    NEW YORK,NY10115     		N/A 509(a)(1) General Unrestricted 500
    ROBERT J GIARD JR MEMORIAL FUND INC
    555 5TH AVE
    NEW YORK,NY10017     		N/A 509(a)(1) General Unrestricted 1,500
    ROBERT W WOODRUFF ARTS CENTER INC
    1280 PEACHTREE ST NE
    ATLANTA,GA30309     		N/A 509(a)(1) General Unrestricted 500
    ROMAN CATHOLIC CHURCH OF THE ASCENS
    221 W 107TH ST
    NEW YORK,NY10025     		N/A 509(a)(1) General Unrestricted 600
    RURAL DEVELOPEMENT INSTITUTE
    1424 4TH AVE STE 300
    SEATTLE,WA98101     		N/A 509(a)(1) General Unrestricted 1,500
    SALISBURY STATE UNIVERSITY FOUNDATI
    PO BOX 2655
    SALISBURY,MD21802     		N/A 509(a)(1) Public Radio Delmarva Division 400
    SAMARITANS PURSE
    PO BOX 3000
    BOONE,NC28607     		N/A 509(a)(1) General Unrestricted 300
    SAN MATEO COUNTY COMMUNITY COLLEGES
    3401 CSM DR
    SAN MATEO,CA94402     		N/A 509(a)(1) For KCSM RADIO Program 250
    SARAH LAWRENCE COLLEGE
    ONE MEADWAY
    BRONXVILLE,NY10708     		N/A 509(a)(1) General Unrestricted 400
    SAVE THE BAY
    350 FRANK H OGAWA PLZ
    OAKLAND,CA94612     		N/A 509(a)(1) General Unrestricted 250
    SEATTLE ART MUSEUM
    1300 1ST AVE
    SEATTLE,WA98101     		N/A 509(a)(1) General Unrestricted 200
    SEATTLE ARTS AND LECTURES INC
    STE 201
    SEATTLE,WA98104     		N/A 509(a)(2) General Unrestricted 250
    SEATTLE EDUCATION ACCESS
    6920 ROOSEVELT WAY NE
    SEATTLE,WA98115     		N/A 509(a)(1) General Unrestricted 250
    SEATTLE SCENIC STUDIOS
    PO BOX 46313
    SEATTLE,WA98146     		N/A 509(a)(1) General Unrestricted 350
    SEATTLE UNIVERSITY FOUNDATION
    901 12TH AVE PO BOX 222000
    SEATTLE,WA98122     		N/A 509(a)(1) General Unrestricted 250
    SEATTLE UNIVERSITY FOUNDATION
    901 12TH AVE PO BOX 222000
    SEATTLE,WA98122     		N/A 509(a)(1) Institute of Public Service - MNPL Scholarship Fund 150
    SECOND HARVEST FOOD BANK OF SANTA C
    750 CURTNER AVE
    SAN JOSE,CA95125     		N/A 509(a)(1) General Unrestricted 500
    SHAKESPEARE THEATRE
    516 8TH ST SE
    WASHINGTON,DC20003     		N/A 509(a)(2) General Unrestricted 250
    SHELTER NETWORK OF SAN MATEO COUNTY
    1450 CHAPIN AVE FL 2
    BURLINGAME,CA94010     		N/A 509(a)(1) General Unrestricted 250
    SHMA INSTITUTE
    1 GOJO PLZ STE 350
    AKRON,OH44311     		N/A 509(a)(1) Support of Shma Magazine 200
    SHUNPIKE ARTS COLLECTIVE
    3518 FREMONT AVE N 118
    SEATTLE,WA98103     		N/A 509(a)(1) General Unrestricted 350
    SIDWELL FRIENDS SCHOOL
    3825 WISCONSIN AVE NW
    WASHINGTON,DC20016     		N/A 509(a)(1) For Minority and Economically Disadvantaged Students in Washington DC 1,000
    SMITHSONIAN INSTITUTION OFFICE OF T
    1000 JEFFERSON DR SW
    WASHINGTON,DC20560     		N/A 509(a)(1) General Unrestricted 400
    SOME INC
    60 O ST NW
    WASHINGTON,DC20001     		N/A 509(a)(1) General Unrestricted 400
    ST ANTHONY FOUNDATION
    150 GOLDEN GATE AVE
    SAN FRANCISCO,CA94102     		N/A 509(a)(1) General Unrestricted 250
    ST BALDRICKS FOUNDATION INC
    1333 S MAYFLOWER AVE STE
    MOROVIA,CA91016     		N/A 509(a)(1) General Unrestricted 500
    STORAHTELLING INC
    344 E 14TH ST
    NEW YORK,NY10003     		N/A 509(a)(2) General Unrestricted 1,800
    STRATHMORE HALL FOUNDATION INC
    5301 TUCKERMAN LN
    N BETHESDA,MD20852     		N/A 509(a)(1) General Unrestricted 400
    STREET GRACE INC
    C/O N AVE PRESBYTERIAN CHURCH 607 P
    ATLANTA,GA30308     		N/A 509(a)(1) General Unrestricted 250
    SUPPORT CENTER FOR NONPROFIT MANAGE
    305 7TH AVE 11TH FL
    NEW YORK,NY10001     		N/A 509(a)(1) General Unrestricted 1,500
    SYNCHRONICITY PERFORMANCE GROUP
    PO BOX 6012
    ATLANTA,GA31107     		N/A 509(a)(1) General Unrestricted 500
    TECHBRIDGE INC
    1100 JOHNSON FERRY RD NE STE 670
    ATLANTA,GA30342     		N/A 509(a)(1) General Unrestricted 1,500
    THE AMERICAN VISIONARY ART MUSEUM I
    800 KEY HWY
    BALTIMORE,MD21230     		N/A 509(a)(1) General Unrestricted 400
    THE JEWISH COMMUNITY CENTER IN MANH
    334 AMSTERDAM AVE AT 76TH ST
    NEW YORK,NY10023     		N/A 509(a)(1) General Unrestricted 300
    THE JEWISH FEDERATION OF GREATER WA
    6101 MONTROSE RD
    ROCKVILLE,MD20852     		N/A 509(a)(1) General Unrestricted 1,000
    THE METROPOLITAN MUSEUM OF ART
    1000 5TH AVE
    NEW YORK,NY10028     		N/A 509(a)(1) General Unrestricted 250
    THE SCHECHTER INSTITUTES INC
    2300 COMPUTER AVE STE D-18
    WILLOW GROVE,PA19090     		N/A 509(a)(1) Programs in Israel 400
    THE SHEPHERDS TABLE INC
    8210 COLONIAL LN STE A
    SILVER SPRING,MD20910     		N/A 509(a)(1) General Unrestricted 500
    THE SPORT OF GIVING INC
    680 TRINITY PL
    SUWANEE,GA30024     		N/A 509(a)(1) General Unrestricted 1,000
    THEATRE PUGET SOUND
    PO BOX 19643
    SEATTLE,WA98109     		N/A 509(a)(1) General Unrestricted 350
    THEATRE PUGET SOUND
    PO BOX 19643
    SEATTLE,WA98109     		N/A 509(a)(1) Seattle Performs Redesign and General Operating Support 400
    THROUGH THE KITCHEN DOOR INTERNATIO
    3305 PAULINE DR
    CHEVY CHASE,MD20815     		N/A 509(a)(1) General Unrestricted 400
    THUNDERBIRD SCHOOL OF GLOBAL MANAGE
    1 GLOBAL PL
    GLENDALE,AZ85306     		N/A 509(a)(1) General Unrestricted 250
    TREEHOUSE
    2100 24TH AVE S STE 200
    SEATTLE,WA98144     		N/A 509(a)(1) General Unrestricted 250
    TRUSTEES OF THE CORCORAN GALLERY OF
    510 17TH ST NW
    WASHINGTON,DC20006     		N/A 509(a)(1) General Unrestricted 300
    TRUSTEES OF THE SMITH COLLEGE
    33 ELM ST
    NORTHAMPTON,MA01063     		N/A 509(a)(1) General Unrestricted 400
    UNITED JEWISH APPEAL FEDERATION OF
    130 E 59TH ST
    NEW YORK,NY10022     		N/A 509(a)(1) General Unrestricted 1,000
    UNITED WAY OF FORSYTH COUNTY INC
    PO BOX 1350
    CUMMING,GA30028     		N/A 509(a)(1) General Unrestricted 1,000
    UNITED WAY OF THE NATIONAL CAPITAL
    8391 OLD COURTHOUSE RD STE 200
    VIENNA,VA22182     		N/A 509(a)(1) General Unrestricted 1,000
    UNIVERSITY OF SAN FRANCISCO
    2130 FULTON ST
    SAN FRANCISCO,CA94117     		N/A 509(a)(1) General Unrestricted 250
    WAMU 885 - AMERICAN UNIVERSITY RAD
    4000 BRANDYWINE ST NW
    WASHINGTON,DC20016     		N/A 509(a)(1) WAMU Program 500
    WASHINGTON AREA WOMENS FOUNDATION I
    1411 K ST NW STE 800
    WASHINGTON,DC20005     		N/A 509(a)(1) General Unrestricted 1,000
    WASHINGTON HEBREW CONGREGATION
    3935 MACOMB ST NW
    WASHINGTON,DC20016     		N/A 509(a)(1) Provide Campership Support for Abraham Simon School Students Attending Washington Post Camp 500
    WASHINGTON JESUIT ACADEMY
    900 VARNUM ST NE
    WASHINGTON,DC20017     		N/A 509(a)(1) General Unrestricted 5,000
    WEST SIDE CENTER FOR COMMUNITY LIFE
    263 W 86TH ST
    NEW YORK,NY10024     		N/A 509(a)(1) General Unrestricted 400
    WEST SIDE HATZOLOH
    131 W 86TH ST
    NEW YORK,NY10024     		N/A 509(a)(1) General Unrestricted 400
    WOMENS FUNDING ALLIANCE
    500 UNION ST STE 1000
    SEATTLE,WA98101     		N/A 509(a)(1) General Unrestricted 1,000
    WOOLLY MAMMOTH THEATRE CO
    641 D ST NW
    WASHINGTON,DC20004     		N/A 509(a)(2) General Unrestricted 1,000
    YEMAYA CORPORATION
    18 BLEECKER ST
    NEW YORK,NY10012     		N/A 509(a)(1) General Unrestricted 1,200
    YOUTH THEATER NORTHWEST
    8805 SE 40TH ST
    MERCER ISLAND,WA98040     		N/A 509(a)(2) General Unrestricted 250
    Total .................................bullet 3a 163,580
    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 27  
    4 Dividends and interest from securities....     14 77,676  
    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 10,314  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   88,017  
    13Total. Add line 12, columns (b), (d), and (e)...................
    1388,017
    (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: 1800


    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
    Posner-Wallace Foundation
     
    Employer identification number

    52-6037555
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




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

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part I
    Name of organization
    Posner-Wallace Foundation
          		Employer identification number

    52-6037555
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    0001
     
     

    Estate of Irving Wallace co of Jame    
    POB 1585 Cathedral Station
       
    New York, NY   10025

    		$250,000




    (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
    Posner-Wallace Foundation
          		Employer identification number

    52-6037555
    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
    Posner-Wallace Foundation
          		Employer identification number

    52-6037555
    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

    TY 2010 GeneralExplanationAttachment
    Name:
    Posner-Wallace Foundation
    EIN: 52-6037555
    Software ID:10000149
    Software Version:2010.2.15
    Identifier Return Reference Explanation

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    Posner-Wallace Foundation
    EIN: 52-6037555
    Software ID:10000149
    Software Version:2010.2.15
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CALVERT SOC INV NT - 3.000 - 12/31/2012 13161ELD7 2000000.00% 20,007 20,000
    CALVERT SOCIAL INV FNDTN 3.0 12/31/11 13161EQA8 3000000.00% 30,007 30,000
    GMAC SMARTNOTES - 7.000 - 06/15/2022 37042GZE9 2000000.00% 20,000 17,792
    GMAC SMARTNOTES - 7.000 - 11/15/2024 3704A0TN2 1000000.00% 10,004 8,840
    GENERAL MOTORS CORP SR NTS - 7.250 - 04/15/2041 GMW 60000.00% 15,004 4,770
    GENERAL MOTORS CORP SR NTS - 7.250 - 07/15/2041 XGM 80000.00% 20,004 6,360

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    Posner-Wallace Foundation
    EIN: 52-6037555
    Software ID:10000149
    Software Version:2010.2.15
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1000 shares of ABBOTT LABS ABT 51,885 47,910
    8707 shares of AMERICAN FUNDS BOND FD OF AMERICA A ABNDX 112,054 106,143
    12117 shares of AMERICAN INVESTMENT CO OF AMERICA AIVSX 230,504 341,217
    462 shares of ANADARKO PETROLEUM CORP APC 4,346 35,186
    600 shares of BANK OF AMERICA CORP BAC 23,901 8,004
    12833 shares of BLACKROCK GNMA PORTFOLIO INSTITUTIONAL CLASS BGNIX 130,458 130,385
    186 shares of CONOCOPHILLIPS COP 10,486 12,667
    600 shares of DOMINION RESOURCES INC D 5,180 25,632
    200 shares of DU PONT DE NEMOURS DD 5,453 9,976
    1000 shares of EXELON CORPORATION EXC 42,495 41,640
    2500 shares of EXXON MOBIL CORP XOM 3,263 182,800
    192 shares of FRONTIER COMMUNICATIONS CORP FTR 835 1,868
    3600 shares of GENERAL ELECTRIC CO GE 30,093 65,844
    400 shares of GMAC LLC NTS - 7.250 - 02/07/2033 GKM 10,004 9,332
    400 shares of HARTFORD FINANCIALSERVICES GROUP HIG 21,350 10,596
    2000 shares of INTEL CORP INTC 37,624 42,060
    800 shares of INTERNATIONAL BUSINESS MACHINES IBM 12,138 117,408
    800 shares of ITT CORP. ITT 14,500 41,688
    12157 shares of IVY SCIENCE AND TECHNOLOGY WSTAX 313,411 383,184
    1109 shares of JOHNSON JOHNSON JNJ 20,655 68,592
    6585 shares of LORD ABBETT AFFILIATED FUND INC CL LAFFX 101,211 76,254
    100 shares of MEDIVATION, INC. MDVN 1,619 1,517
    1000 shares of NEXTERA ENERGY CAPITAL HOLDINGS INC 8.75 3/01/69 NEE-PF 25,600 27,940
    1000 shares of NOVARTIS AG ADR NVS 55,676 58,950
    2100 shares of NUVEEN FLTG RT INC JFR 30,594 24,801
    2000 shares of NUVEEN QUAL PFD INC JTP 29,815 14,800
    2710 shares of PIONEER FUND CLASS A PIODX 69,575 111,005
    232 shares of POWERSHARES QQQ NASDAQ 100 QQQ 7,278 12,635
    3363 shares of RIVERSOURCE BALANCED FUND CLASS A INMUX 23,930 33,692
    1500 shares of SAUL CENTERS, INC. PFD A BFS-PA 33,754 37,935
    2055 shares of SELIGMAN CAPITAL FUND INC CLASS A SCFIX 26,484 52,803
    1928 shares of TEMPLETON GLOBAL INCOME FUND GIM 15,328 20,630
    1200 shares of UNION PACIFIC UNP 8,691 111,192
    315 shares of URSTADT BIDDLE PROPERTIES INC UBA 3,414 6,127
    800 shares of VERIZON COMMUNICATIONS VZ 13,223 28,624
    5000 shares of WASH REAL EST INV TR MARYLAND WRE 37,581 154,950

    TY 2010 OtherExpensesSchedule
    Name:
    Posner-Wallace Foundation
    EIN: 52-6037555
    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 15,043     15,043
    Bank Charges 140 140    
    Property Insurance Premium Payments 419     419
    Foundation Dues Memberships 1,930     1,930


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

    TY 2010 OtherNotesLoansRcvblLongSch
    Name:
    Posner-Wallace Foundation
    EIN: 52-6037555
    Software ID:10000149
    Software Version:2010.2.15

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    Root Capital Inc None 25,000 25,000 2008-10 2013-10 Interest semi-annually 3.0000000000 % None Community-based business loan Cash 25,000
    Root Capital Inc None 25,000 25,000 2008-10 2014-10 Interest semi-annually 3.0000000000 % None Community-based business loan Cash 25,000
    Root Capital Inc None 50,000 50,000 2010-10 2015-10 Interest annually 3.0000000000 % None Community-based business loan Cash 50,000
    Global Sun Partners LP None 100,000 100,000 2010-11 2015-12 Interest quarterly 6.0000000000 % None Solar Energy Projects in Developing Countries Cash 100,000

    TY 2010 TaxesSchedule
    Name:
    Posner-Wallace Foundation
    EIN: 52-6037555
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated Tax for 2010 1,100 0 0 0