TY 2010 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation

Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-0052

2010

For calendar year 2010, or tax year beginning 05-01-2010 , and ending 04-30-2011

Check all that apply:Initial returnInitial return of a former public charityFinal return

Amended returnAddress changeName change

Name of foundation
BENEFICIA FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)ONE PITCAIRN PLACE No 3000 Room/suite

City or town, state, and ZIP code
JENKINTOWN, PA19046

A Employer identification number

24-6015630

B Telephone number (see page 10 of the instructions)

(215) 887-6700

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation 2. Foreign organizations meeting the 85% test,
check here and attach computation bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$2,663,495J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here bullet

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	16,507		16,507
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-253,017
b	Gross sales price for all assets on line 6a 3,885,636
7	Capital gain net income (from Part IV, line 2)...			0
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........	-236,510		16,507
13	Compensation of officers, directors, trustees, etc.	0		0	0
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)....		62,111	52,974	9,317
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		27,172	1,070	26,102
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	89,283		54,044	35,419
25	Contributions, gifts, grants paid........	1,533,997			1,533,997
26	Total expenses and disbursements. Add lines 24 and 25	1,623,280		54,044	1,569,416
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-1,859,790
b	Net investment income (if negative, enter -0-)			0
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	3,679	268	268
	2	Savings and temporary cash investments..........	217,044	2,467,841	2,467,841
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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)........	4,106,114	0	0
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	134,749	134,749	195,386
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,461,586	2,602,858	2,663,495
	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 )
	23	Total liabilities (add lines 17 through 22)..........	0	0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................	4,461,586	2,602,858
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	4,461,586	2,602,858
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	4,461,586	2,602,858

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	4,461,586
2	Enter amount from Part I, line 27a......................	2	-1,859,790
3	Other increases not included in line 2 (itemize)	3	1,062
4	Add lines 1, 2, and 3..........................	4	2,602,858
5	Decreases not included in line 2 (itemize)	5	0
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30..	6	2,602,858

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	14925 SHARES OF ISHARES RUSSELL 3000 INDEX	P	2010-04-07	2010-05-07
b	2890 SHARES OF ISHARES RUSSELL 3000 INDEX	P	2010-04-07	2010-05-07
c	54 SHARES OF MONSANTO CO	P	2009-09-16	2010-05-18
d	258 SHARES OF FLIR SYS INC	P	2009-10-02	2010-05-24
e	89 SHARES OF GENZYME GENL DIVISION	P	2009-09-01	2010-05-24
	103 SHARES OF ILLUMINA INC	P	2009-10-14	2010-05-24
	279 SHARES OF ILLUMINA INC	P	2010-01-12	2010-05-24
	107 SHARES OF IRON MOUNTAIN INC	P	2010-04-27	2010-05-24
	158 SHARES OF NIKE INC CL B	P	2009-06-09	2010-05-24
	62 SHARES OF NIKE INC CL B	P	2009-09-16	2010-05-24
	40 SHARES OF QUALCOMM INC	P	2009-06-09	2010-05-24
	127 SHARES OF QUALCOMM INC	P	2009-10-02	2010-05-24
	114 SHARES OF QUALCOMM INC	P	2010-04-21	2010-05-24
	117 SHARES OF QUALCOMM INC	P	2010-05-21	2010-05-24
	86 SHARES OF SALESFORCE.COM INC	P	2009-06-09	2010-05-24
	23 SHARES OF SALESFORCE.COM INC	P	2010-04-21	2010-05-24
	168 SHARES OF SCHWAB (CHAS) CORP	P	2009-10-06	2010-05-24
	578 SHARES OF SCHWAB (CHAS) CORP	P	2010-02-02	2010-05-24
	358 SHARES OF STAPLES INC	P	2009-10-06	2010-05-24
	132 SHARES OF STAPLES INC	P	2010-04-21	2010-05-24
	36 SHARES OF VISA INC CL A	P	2010-05-18	2010-05-24
	26 SHARES OF VISA INC CL A	P	2010-05-21	2010-05-24
	147 SHARES OF VMWARE INC	P	2009-06-09	2010-05-24
	70 SHARES OF WW GRAINGER INC	P	2010-02-02	2010-05-24
	34 SHARES OF WW GRAINGER INC	P	2010-05-21	2010-05-24
	135 SHARES OF WELLPOINT INC	P	2009-05-27	2010-05-05
	40 SHARES OF SANDISK CORP	P	2010-03-26	2010-05-05
	166 SHARES OF COGNIZANT TECH SOLUTIONS CORP	P	2009-08-31	2010-05-13
	102 SHARES OF 3M COMPANY	P	2009-09-09	2010-05-24
	327 SHARES OF AEROPOSTALE INC	P	2009-07-14	2010-05-24
	338 SHARES OF ALTERA CORP	P	2010-03-11	2010-05-24
	298 SHARES OF AMERISOURCEBERGEN CORP	P	2010-01-25	2010-05-24
	11 SHARES OF AMGEN INC	P	2010-03-08	2010-05-24
	269 SHARES OF BROADCOM CORP CL A	P	2010-02-17	2010-05-24
	311 SHARES OF CHEESECAKE FACTORY INC	P	2010-03-25	2010-05-24
	464 SHARES OF CORNING INC	P	2009-05-27	2010-05-24
	116 SHARES OF CUMMINS ENGINE CO	P	2010-05-14	2010-05-24
	140 SHARES OF DEERE & CO	P	2010-03-30	2010-05-24
	115 SHARES OF EATON CORP	P	2009-11-20	2010-05-24
	317 SHARES OF EBAY INC	P	2009-08-27	2010-05-24
	173 SHARES OF EMERSON ELEC CO	P	2010-02-17	2010-05-24
	76 SHARES OF FRANKLIN RESOURCES INC	P	2009-07-30	2010-05-24
	84 SHARES OF GILEAD SCIENCES INC	P	2010-01-04	2010-05-24
	51 SHARES OF GOLDMAN SACHS GROUP INC	P	2009-07-21	2010-05-24
	167 SHARES OF HELMERICH & PAYNE INC	P	2010-01-07	2010-05-24
	42 SHARES OF HELMERICH & PAYNE INC	P	2010-03-08	2010-05-24
	54 SHARES OF ITT EDUCATIONAL SVCS INC	P	2009-12-01	2010-05-24
	151 SHARES OF JOY GLOBAL INC	P	2009-08-05	2010-05-24
	13 SHARES OF LOCKHEED MARTIN CORPORATION	P	2010-03-08	2010-05-24
	371 SHARES OF MATTEL INC	P	2010-03-11	2010-05-24
	135 SHARES OF MCKESSON HBOC INC	P	2009-09-30	2010-05-24
	238 SHARES OF McGRAW HILL INC	P	2009-06-15	2010-05-24
	215 SHARES OF NORDSTROM INC	P	2009-12-03	2010-05-24
	203 SHARES OF OMNICOM GROUP	P	2010-05-13	2010-05-24
	125 SHARES OF PARKER-HANNIFIN CORP	P	2010-04-14	2010-05-24
	36 SHARES OF PRICELINE.COM INC	P	2009-06-05	2010-05-24
	133 SHARES OF PROCTER & GAMBLE CO	P	2009-11-05	2010-05-24
	404 SHARES OF QLOGIC CORP	P	2010-01-25	2010-05-24
	38 SHARES OF QLOGIC CORP	P	2010-03-08	2010-05-24
	164 SHARES OF ROSS STORES INC	P	2009-07-07	2010-05-24
	206 SHARES OF SANDISK CORP	P	2010-03-26	2010-05-24
	324 SHARES OF STARBUCKS CORP	P	2010-05-06	2010-05-24
	156 SHARES OF TARGET CORP	P	2010-04-14	2010-05-24
	335 SHARES OF TEXAS INSTRUMENTS INC	P	2009-06-30	2010-05-24
	182 SHARES OF TIFFANY & CO (NEW)	P	2009-12-16	2010-05-24
	247 SHARES OF UNITEDHEALTH GROUP INC	P	2009-12-08	2010-05-24
	90 SHARES OF WALTER ENERGY INC	P	2010-02-17	2010-05-24
	422 SHARES OF SEAGATE TECHNOLOGY	P	2010-02-01	2010-05-24
	15 SHARES OF TRANSOCEAN LTD	P	2010-03-08	2010-05-24
	7 SHARES OF ALLSTATE CORP	P	2010-03-08	2010-05-24
	77 SHARES OF ALLSTATE CORP	P	2010-04-07	2010-05-24
	183 SHARES OF ALTRIA GROUP INC	P	2010-04-07	2010-05-24
	119 SHARES OF AMERISOURCEBERGEN CORP	P	2010-04-07	2010-05-24
	63 SHARES OF APACHE CORP	P	2010-04-07	2010-05-24
	99 SHARES OF AT&T INC	P	2010-04-07	2010-05-24
	64 SHARES OF AUTOZONE INC	P	2009-10-28	2010-05-24
	23 SHARES OF AUTOZONE INC	P	2010-04-07	2010-05-24
	38 SHARES OF BANK OF AMERICA	P	2010-03-08	2010-05-24
	505 SHARES OF BANK OF AMERICA	P	2010-03-22	2010-05-24
	326 SHARES OF BANK OF AMERICA	P	2010-04-07	2010-05-24
	127 SHARES OF BANK NEW YORK MELLON CORP	P	2010-04-07	2010-05-24
	234 SHARES OF BAXTER INTL	P	2009-06-03	2010-05-24
	1 SHARES OF BAXTER INTL	P	2010-03-08	2010-05-24
	38 SHARES OF BAXTER INTL	P	2010-04-07	2010-05-24
	52 SHARES OF BEST BUY COMPANY INC	P	2010-04-07	2010-05-24
	80 SHARES OF CHEVRON CORPORATION	P	2010-04-07	2010-05-24
	84 SHARES OF CONOCOPHILLIPS	P	2010-04-07	2010-05-24
	39 SHARES OF COVANCE INC	P	2010-04-07	2010-05-24
	138 SHARES OF DELL INC	P	2010-04-07	2010-05-24
	14 SHARES OF DOVER CORP	P	2010-03-08	2010-05-24
	75 SHARES OF DOVER CORP	P	2010-04-07	2010-05-24
	505 SHARES OF EBAY INC	P	2010-02-22	2010-05-24
	85 SHARES OF EBAY INC	P	2010-04-07	2010-05-24
	9 SHARES OF EMERSON ELEC CO	P	2010-03-08	2010-05-24
	59 SHARES OF EMERSON ELEC CO	P	2010-04-07	2010-05-24
	28 SHARES OF FORTUNE BRANDS INC	P	2010-03-08	2010-05-24
	47 SHARES OF FORTUNE BRANDS INC	P	2010-04-07	2010-05-24
	170 SHARES OF FPL GROUP INC	P	2010-03-29	2010-05-24
	61 SHARES OF FPL GROUP INC	P	2010-04-07	2010-05-24
	5 SHARES OF FREEPORT McMORAN COPPER CLASS B	P	2010-03-08	2010-05-24
	48 SHARES OF FREEPORT McMORAN COPPER CLASS B	P	2010-04-07	2010-05-24
	259 SHARES OF GEN ELECTRIC	P	2010-04-07	2010-05-24
	63 SHARES OF HONEYWELL INTERNATIONAL INC	P	2010-04-07	2010-05-24
	65 SHARES OF HUMANA INC	P	2010-04-07	2010-05-24
	208 SHARES OF INTEL	P	2010-04-07	2010-05-24
	59 SHARES OF JOHN HANCOCK BANK & THRIFT OPPORTUNITY FD NEW	P	2010-04-07	2010-05-24
	8 SHARES OF JP MORGAN	P	2010-03-08	2010-05-24
	182 SHARES OF JP MORGAN	P	2010-03-22	2010-05-24
	118 SHARES OF JP MORGAN	P	2010-04-07	2010-05-24
	31 SHARES OF LABORATORY CORP AMER HLDGS	P	2010-04-07	2010-05-24
	16 SHARES OF MARATHON OIL CORP	P	2010-03-08	2010-05-24
	135 SHARES OF MARATHON OIL CORP	P	2010-04-07	2010-05-24
	101 SHARES OF MICROSOFT CORP	P	2010-04-07	2010-05-24
	3 SHARES OF NIKE INC CL B	P	2010-03-08	2010-05-24
	37 SHARES OF NIKE INC CL B	P	2010-04-07	2010-05-24
	39 SHARES OF PHILIP MORRIS INTL INC COM	P	2010-04-07	2010-05-24
	73 SHARES OF PROCTER & GAMBLE CO	P	2010-04-07	2010-05-24
	112 SHARES OF PUBLIC SERVICE ENTERPRISE GP	P	2010-04-07	2010-05-24
	32 SHARES OF QUEST DIAGNOSTICS INC COM	P	2010-04-07	2010-05-24
	236 SHARES OF TIME WARNER CABLE INC	P	2010-03-30	2010-05-24
	41 SHARES OF TIME WARNER CABLE INC	P	2010-04-07	2010-05-24
	3 SHARES OF US BANCORP (NEW) COM	P	2010-03-08	2010-05-24
	92 SHARES OF US BANCORP (NEW) COM	P	2010-04-07	2010-05-24
	48 SHARES OF UTD TECHNOLOGIES CORP	P	2010-04-07	2010-05-24
	300 SHARES OF WAL MART STORES	P	2009-10-09	2010-05-24
	52 SHARES OF WAL MART STORES	P	2010-04-07	2010-05-24
	66 SHARES OF WATSON PHARMACEUTICALS INC	P	2010-04-07	2010-05-24
	25 SHARES OF INGERSOLL RAND PLC	P	2010-03-08	2010-05-24
	45 SHARES OF INGERSOLL RAND PLC	P	2010-04-07	2010-05-24
	6 SHARES OF TRANSOCEAN LTD	P	2010-03-08	2010-05-24
	56 SHARES OF TRANSOCEAN LTD	P	2010-04-07	2010-05-24
	111 SHARES OF ADVENT SOFTWARE INC	P	2010-04-07	2010-05-24
	296 SHARES OF ALBEMARLE CORP	P	2010-04-07	2010-05-24
	410 SHARES OF ALEXANDER & BALDWIN INC	P	2010-04-07	2010-05-24
	26 SHARES OF ALLEGHANY CORP	P	2010-04-07	2010-05-24
	363 SHARES OF ATWOOD OCEANICS INC	P	2010-04-07	2010-05-24
	490 SHARES OF BRINKS CO	P	2010-04-07	2010-05-24
	648 SHARES OF CABELA'S INC CL A	P	2010-04-07	2010-05-24
	487 SHARES OF CARMAX INC	P	2010-04-07	2010-05-24
	608 SHARES OF CORRECTIONS CORP	P	2010-04-07	2010-05-24
	245 SHARES OF EATON VANCE CORP	P	2010-04-07	2010-05-24
	125 SHARES OF ENERGIZER HOLDINGS INC	P	2010-04-07	2010-05-24
	932 SHARES OF FIRST INDUSTRIAL REALTY TRUST	P	2010-04-28	2010-05-24
	1621 SHARES OF FORCE PROTN INCCOM NEW	P	2010-04-07	2010-05-24
	244 SHARES OF HASBRO INC	P	2010-04-07	2010-05-24
	329 SHARES OF HATTERAS FINANCIAL CORP	P	2010-04-07	2010-05-24
	114 SHARES OF INVESTORS TITLE CO	P	2010-04-07	2010-05-24
	252 SHARES OF KINDER MORGAN MANAGEMENT	P	2010-04-07	2010-05-24
	598 SHARES OF KNOLL INC COM NEW	P	2010-04-07	2010-05-24
	396 SHARES OF LANCE INC	P	2010-04-07	2010-05-24
	81 SHARES OF MARTIN MARIETTA MATERIALS	P	2010-04-28	2010-05-24
	762 SHARES OF MBIA INC	P	2010-04-28	2010-05-24
	139 SHARES OF NEW MARKET CORP	P	2010-04-07	2010-05-24
	314 SHARES OF OLD DOMINION FGHT LINE	P	2010-04-28	2010-05-24
	342 SHARES OF OWENS & MINOR INC HLDG CO	P	2010-04-07	2010-05-24
	453 SHARES OF PRICESMART INC	P	2010-04-07	2010-05-24
	1460 SHARES OF SERVICE CORP INTL	P	2010-04-07	2010-05-24
	618 SHARES OF STURM RUGER & CO INC.	P	2010-04-07	2010-05-24
	275 SHARES OF SYNAPTICS INC	P	2010-04-07	2010-05-24
	322 SHARES OF TEJON RANCH CO	P	2010-04-07	2010-05-24
	1924 SHARES OF TENET HEALTH CORP	P	2010-04-07	2010-05-24
	621 SHARES OF TREDEGAR INDS INC	P	2010-04-07	2010-05-24
	487 SHARES OF UDR INC	P	2010-04-07	2010-05-24
	201 SHARES OF UNIVERSAL CORP	P	2010-04-07	2010-05-24
	81 SHARES OF VULCAN MATERIALS	P	2010-04-07	2010-05-24
	23 SHARES OF WESCO FINANCIAL CORP	P	2010-04-07	2010-05-24
	718 SHARES OF MONTPELIER RE HOLDINGS LTD	P	2010-04-07	2010-05-24
	322 SHARES OF TEJON RANCH CO RIGHTS (EXP 06/14/10)	P	2010-04-12	2010-06-03
	.424 SHARES OF KINDER MORGAN MANAGEMENT	P	2010-04-07	2010-06-22
	7410 SHARES OF SPDR MSCI ACWI EX US	P	2007-04-04	2010-05-21
	11724 SHARES OF SPDR MSCI ACWI EX US	P	2007-04-04	2010-10-13
	162 SHARES OF MONSANTO CO	P	2008-12-08	2010-05-18
	12 SHARES OF APPLE INC	P	2007-04-11	2010-05-21
	85 SHARES OF ALLERGAN INC	P	2007-04-11	2010-05-24
	35 SHARES OF ALLERGAN INC	P	2008-03-27	2010-05-24
	101 SHARES OF ALLERGAN INC	P	2008-04-18	2010-05-24
	40 SHARES OF ALLERGAN INC	P	2009-01-06	2010-05-24
	65 SHARES OF ALLERGAN INC	P	2009-04-06	2010-05-24
	81 SHARES OF AMAZON.COM INC	P	2008-03-27	2010-05-24
	65 SHARES OF AMAZON.COM INC	P	2008-10-07	2010-05-24
	113 SHARES OF AMAZON.COM INC	P	2008-10-31	2010-05-24
	148 SHARES OF APPLE INC	P	2007-04-11	2010-05-24
	280 SHARES OF BROADCOM CORP CL A	P	2007-04-11	2010-05-24
	24 SHARES OF CME GROUP INC	P	2007-04-11	2010-05-24
	5 SHARES OF CME GROUP INC	P	2009-01-06	2010-05-24
	5 SHARES OF CME GROUP INC	P	2009-04-06	2010-05-24
	110 SHARES OF FMC TECHNOLOGIES INC	P	2007-08-01	2010-05-24
	163 SHARES OF FMC TECHNOLOGIES INC	P	2008-11-07	2010-05-24
	67 SHARES OF GENZYME GENL DIVISION	P	2007-04-11	2010-05-24
	95 SHARES OF GENZYME GENL DIVISION	P	2009-04-06	2010-05-24
	137 SHARES OF GENZYME GENL DIVISION	P	2009-05-14	2010-05-24
	15 SHARES OF GOOGLE INC CL A	P	2007-04-11	2010-05-24
	19 SHARES OF GOOGLE INC CL A	P	2008-10-31	2010-05-24
	15 SHARES OF GOOGLE INC CL A	P	2008-11-24	2010-05-24
	15 SHARES OF INTERCONTINENTAL EXCH INC	P	2008-07-30	2010-05-24
	46 SHARES OF INTERCONTINENTAL EXCH INC	P	2008-11-24	2010-05-24
	65 SHARES OF INTERCONTINENTAL EXCH INC	P	2009-01-06	2010-05-24
	36 SHARES OF INTERCONTINENTAL EXCH INC	P	2009-05-01	2010-05-24
	46 SHARES OF INTUITIVE SURGICAL INC	P	2009-02-03	2010-05-24
	25 SHARES OF INTUITIVE SURGICAL INC	P	2009-04-06	2010-05-24
	184 SHARES OF IRON MOUNTAIN INC	P	2007-04-11	2010-05-24
	445 SHARES OF LAS VEGAS SANDS CORP	P	2008-11-24	2010-05-24
	230 SHARES OF NATIONAL OILWELL VARCO INC	P	2008-11-07	2010-05-24
	314 SHARES OF NATIONAL OILWELL VARCO INC	P	2009-01-06	2010-05-24
	350 SHARES OF QUALCOMM INC	P	2009-01-06	2010-05-24
	173 SHARES OF SALESFORCE.COM INC	P	2007-04-11	2010-05-24
	39 SHARES OF SALESFORCE.COM INC	P	2008-11-24	2010-05-24
	117 SHARES OF SCHLUMBERGER LTD	P	2007-04-11	2010-05-24
	73 SHARES OF SCHLUMBERGER LTD	P	2008-10-31	2010-05-24
	110 SHARES OF SCHLUMBERGER LTD	P	2009-01-06	2010-05-24
	195 SHARES OF STARBUCKS CORP	P	2007-04-11	2010-05-24
	110 SHARES OF STARBUCKS CORP	P	2008-03-27	2010-05-24
	155 SHARES OF STARBUCKS CORP	P	2009-01-06	2010-05-24
	45 SHARES OF STARBUCKS CORP	P	2009-04-06	2010-05-24
	141 SHARES OF VARIAN MED SYS INC COM	P	2007-04-11	2010-05-24
	30 SHARES OF VARIAN MED SYS INC COM	P	2008-03-27	2010-05-24
	75 SHARES OF VARIAN MED SYS INC COM	P	2009-04-06	2010-05-24
	180 SHARES OF VISA INC CL A	P	2008-03-27	2010-05-24
	34 SHARES OF VISA INC CL A	P	2008-10-07	2010-05-24
	72 SHARES OF VISA INC CL A	P	2008-11-24	2010-05-24
	155 SHARES OF ABBOTT LABS	P	2008-04-30	2010-05-12
	6 SHARES OF APPLE INC	P	2009-03-11	2010-05-12
	96 SHARES OF AMGEN INC	P	2008-10-29	2010-05-24
	40 SHARES OF AMGEN INC	P	2009-04-06	2010-05-24
	32 SHARES OF APPLE INC	P	2009-03-11	2010-05-24
	49 SHARES OF AUTOZONE INC	P	2008-10-29	2010-05-24
	333 SHARES OF CISCO SYSTEMS INC	P	2009-05-20	2010-05-24
	127 SHARES OF COACH INC	P	2008-05-30	2010-05-24
	95 SHARES OF COACH INC	P	2009-04-06	2010-05-24
	100 SHARES OF COLGATE-PALMOLIVE CO	P	2008-04-30	2010-05-24
	147 SHARES OF DOLLAR TREE INC COM	P	2009-03-05	2010-05-24
	469 SHARES OF EMC CORPORATION	P	2009-02-17	2010-05-24
	43 SHARES OF FLOWSERVE CORP	P	2008-08-15	2010-05-24
	35 SHARES OF FLOWSERVE CORP	P	2009-04-06	2010-05-24
	92 SHARES OF GILEAD SCIENCES INC	P	2008-04-30	2010-05-24
	162 SHARES OF HEWLETT - PACKARD CO	P	2007-02-28	2010-05-24
	404 SHARES OF INTEL	P	2009-05-14	2010-05-24
	65 SHARES OF IBM CORP	P	2008-04-30	2010-05-24
	22 SHARES OF ITT EDUCATIONAL SVCS INC	P	2009-01-12	2010-05-24
	131 SHARES OF JOHNSON & JOHNSON	P	2007-06-20	2010-05-24
	76 SHARES OF LOCKHEED MARTIN CORPORATION	P	2008-04-30	2010-05-24
	15 SHARES OF LOCKHEED MARTIN CORPORATION	P	2009-04-06	2010-05-24
	291 SHARES OF MICROSOFT CORP	P	2008-04-30	2010-05-24
	102 SHARES OF OCCIDENTAL PETROLEUM CORP	P	2009-05-20	2010-05-24
	337 SHARES OF ORACLE CORP	P	2006-03-23	2010-05-24
	215 SHARES OF WESTERN DIGITAL CORP	P	2009-04-09	2010-05-24
	53 SHARES OF TRANSOCEAN LTD	P	2008-09-16	2010-05-24
	30 SHARES OF TRANSOCEAN LTD	P	2009-04-06	2010-05-24
	141 SHARES OF ALLSTATE CORP	P	2008-04-30	2010-05-24
	309 SHARES OF ALLSTATE CORP	P	2008-11-24	2010-05-24
	248 SHARES OF ALTRIA GROUP INC	P	2008-04-30	2010-05-24
	327 SHARES OF ALTRIA GROUP INC	P	2008-08-01	2010-05-24
	435 SHARES OF ALTRIA GROUP INC	P	2008-11-24	2010-05-24
	65 SHARES OF ALTRIA GROUP INC	P	2009-04-06	2010-05-24
	692 SHARES OF AMERISOURCEBERGEN CORP	P	2008-04-30	2010-05-24
	345 SHARES OF APACHE CORP	P	2008-04-30	2010-05-24
	10 SHARES OF APACHE CORP	P	2009-01-06	2010-05-24
	25 SHARES OF APACHE CORP	P	2009-04-06	2010-05-24
	582 SHARES OF AT&T INC	P	2008-04-30	2010-05-24
	67 SHARES OF AUTOZONE INC	P	2008-04-30	2010-05-24
	4 SHARES OF AUTOZONE INC	P	2009-04-06	2010-05-24
	383.334 SHARES OF BANK OF AMERICA	P	2008-04-30	2010-05-24
	397.089 SHARES OF BANK OF AMERICA	P	2008-09-19	2010-05-24
	254.412 SHARES OF BANK OF AMERICA	P	2008-10-08	2010-05-24
	164.165 SHARES OF BANK OF AMERICA	P	2008-11-24	2010-05-24
	81 SHARES OF BANK OF AMERICA	P	2009-01-06	2010-05-24
	95 SHARES OF BANK OF AMERICA	P	2009-04-06	2010-05-24
	488 SHARES OF BANK NEW YORK MELLON CORP	P	2008-08-27	2010-05-24
	228 SHARES OF BANK NEW YORK MELLON CORP	P	2008-09-19	2010-05-24
	35 SHARES OF BANK NEW YORK MELLON CORP	P	2009-04-06	2010-05-24
	308 SHARES OF BEST BUY COMPANY INC	P	2008-04-30	2010-05-24
	473 SHARES OF CHEVRON CORPORATION	P	2008-04-30	2010-05-24
	5 SHARES OF CHEVRON CORPORATION	P	2009-04-06	2010-05-24
	490 SHARES OF CONOCOPHILLIPS	P	2007-02-16	2010-05-24
	225 SHARES OF COVANCE INC	P	2009-01-08	2010-05-24
	5 SHARES OF COVANCE INC	P	2009-04-06	2010-05-24
	831 SHARES OF DELL INC	P	2008-04-30	2010-05-24
	421 SHARES OF DOVER CORP	P	2008-04-30	2010-05-24
	344 SHARES OF EMERSON ELEC CO	P	2008-04-30	2010-05-24
	242 SHARES OF FORTUNE BRANDS INC	P	2008-04-30	2010-05-24
	166 SHARES OF FPL GROUP INC	P	2008-04-30	2010-05-24
	15 SHARES OF FPL GROUP INC	P	2009-04-06	2010-05-24
	102 SHARES OF FREEPORT McMORAN COPPER CLASS B	P	2008-08-14	2010-05-24
	169 SHARES OF FREEPORT McMORAN COPPER CLASS B	P	2008-09-16	2010-05-24
	254 SHARES OF GEN ELECTRIC	P	2008-04-30	2010-05-24
	1264 SHARES OF GEN ELECTRIC	P	2009-03-11	2010-05-24
	368 SHARES OF HONEYWELL INTERNATIONAL INC	P	2008-04-30	2010-05-24
	153 SHARES OF HUMANA INC	P	2008-06-05	2010-05-24
	206 SHARES OF HUMANA INC	P	2008-10-08	2010-05-24
	35 SHARES OF HUMANA INC	P	2009-04-06	2010-05-24
	1191 SHARES OF INTEL	P	2008-04-30	2010-05-24
	25 SHARES OF INTEL	P	2009-04-06	2010-05-24
	345 SHARES OF JOHN HANCOCK BANK & THRIFT OPPORTUNITY FD NEW	P	2008-04-30	2010-05-24
	507 SHARES OF JP MORGAN	P	2006-11-09	2010-05-24
	163 SHARES OF LABORATORY CORP AMER HLDGS	P	2008-04-30	2010-05-24
	20 SHARES OF LABORATORY CORP AMER HLDGS	P	2009-04-06	2010-05-24
	639 SHARES OF MARATHON OIL CORP	P	2008-04-30	2010-05-24
	160 SHARES OF MARATHON OIL CORP	P	2008-07-01	2010-05-24
	536 SHARES OF MICROSOFT CORP	P	2008-11-24	2010-05-24
	55 SHARES OF MICROSOFT CORP	P	2009-04-06	2010-05-24
	221 SHARES OF NIKE INC CL B	P	2008-12-10	2010-05-24
	217 SHARES OF PHILIP MORRIS INTL INC COM	P	2008-04-30	2010-05-24
	5 SHARES OF PHILIP MORRIS INTL INC COM	P	2009-04-06	2010-05-24
	431 SHARES OF PROCTER & GAMBLE CO	P	2008-04-30	2010-05-24
	10 SHARES OF PROCTER & GAMBLE CO	P	2009-04-06	2010-05-24
	667 SHARES OF PUBLIC SERVICE ENTERPRISE GP	P	2008-04-30	2010-05-24
	181 SHARES OF QUEST DIAGNOSTICS INC COM	P	2008-04-30	2010-05-24
	5 SHARES OF QUEST DIAGNOSTICS INC COM	P	2009-04-06	2010-05-24
	542 SHARES OF US BANCORP (NEW) COM	P	2008-04-30	2010-05-24
	165 SHARES OF UTD TECHNOLOGIES CORP	P	2008-04-30	2010-05-24
	119 SHARES OF UTD TECHNOLOGIES CORP	P	2008-08-25	2010-05-24
	321 SHARES OF WATSON PHARMACEUTICALS INC	P	2008-09-23	2010-05-24
	60 SHARES OF WATSON PHARMACEUTICALS INC	P	2009-04-06	2010-05-24
	239 SHARES OF INGERSOLL RAND PLC	P	2008-04-30	2010-05-24
	101 SHARES OF TRANSOCEAN LTD	P	2008-04-30	2010-05-24
	128 SHARES OF TRANSOCEAN LTD	P	2008-09-09	2010-05-24
	79 SHARES OF TRANSOCEAN LTD	P	2008-11-13	2010-05-24
	10 SHARES OF TRANSOCEAN LTD	P	2009-04-06	2010-05-24
	3 SHARES OF WHITE MOUNTAIN INS GRP LTD	P	2008-02-07	2010-05-24
	20 SHARES OF WHITE MOUNTAIN INS GRP LTD	P	2009-03-16	2010-05-24
	LTCG	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	988,054	1,047,419	-59,365
b	191,309	202,817	-11,508
c	2,949	4,277	-1,328
d	7,167	6,945	222
e	4,334	4,938	-604
	4,024	4,409	-385
	10,900	9,434	1,466
	2,614	2,969	-355
	11,205	9,238	1,967
	4,397	3,557	840
	1,429	1,836	-407
	4,538	5,348	-810
	4,073	4,855	-782
	4,180	4,244	-64
	7,199	3,372	3,827
	1,925	1,953	-28
	2,744	3,216	-472
	9,440	10,577	-1,137
	7,597	8,252	-655
	2,801	3,214	-413
	2,694	2,502	192
	1,945	1,951	-6
	8,974	4,721	4,253
	7,096	7,157	-61
	3,446	3,499	-53
	7,075	6,316	759
	1,651	1,399	252
	8,726	5,753	2,973
	8,184	7,480	704
	9,282	7,452	1,830
	7,794	8,425	-631
	9,107	8,135	972
	570	635	-65
	8,721	8,379	342
	7,922	8,635	-713
	7,832	6,869	963
	7,581	8,324	-743
	8,093	8,603	-510
	7,918	7,278	640
	6,806	7,134	-328
	7,862	8,105	-243
	7,551	6,491	1,060
	3,021	3,651	-630
	7,222	8,101	-879
	5,726	7,715	-1,989
	1,440	1,661	-221
	5,844	4,771	1,073
	7,254	6,159	1,095
	1,050	1,059	-9
	7,913	8,447	-534
	9,135	8,096	1,039
	6,646	7,378	-732
	8,243	7,566	677
	7,742	8,520	-778
	7,525	8,807	-1,282
	6,998	4,254	2,744
	8,134	8,039	95
	7,236	7,843	-607
	681	722	-41
	8,526	6,346	2,180
	8,651	7,203	1,448
	8,118	8,469	-351
	8,413	8,813	-400
	8,134	7,209	925
	7,751	7,820	-69
	6,950	7,052	-102
	6,386	6,947	-561
	6,781	7,576	-795
	880	1,275	-395
	212	225	-13
	2,330	2,537	-207
	3,827	3,826	1
	3,637	3,443	194
	5,587	6,679	-1,092
	2,404	2,559	-155
	11,672	8,746	2,926
	4,195	4,042	153
	598	643	-45
	7,954	8,554	-600
	5,134	6,119	-985
	3,512	4,051	-539
	9,590	11,515	-1,925
	41	59	-18
	1,557	2,202	-645
	2,152	2,309	-157
	5,919	6,211	-292
	4,273	4,446	-173
	2,028	2,407	-379
	1,878	2,194	-316
	618	655	-37
	3,310	3,572	-262
	10,842	11,754	-912
	1,825	2,298	-473
	409	436	-27
	2,681	2,994	-313
	1,264	1,294	-30
	2,122	2,332	-210
	8,541	8,177	364
	3,065	2,986	79
	333	405	-72
	3,197	4,177	-980
	4,178	4,841	-663
	2,661	2,870	-209
	2,873	3,075	-202
	4,328	4,676	-348
	918	1,032	-114
	316	344	-28
	7,185	7,946	-761
	4,659	5,410	-751
	2,337	2,379	-42
	501	493	8
	4,228	4,327	-99
	2,694	2,974	-280
	213	206	7
	2,624	2,740	-116
	1,713	2,050	-337
	4,465	4,563	-98
	3,372	3,428	-56
	1,662	1,864	-202
	11,921	12,564	-643
	2,071	2,141	-70
	72	76	-4
	2,193	2,482	-289
	3,165	3,569	-404
	15,294	14,941	353
	2,651	2,892	-241
	2,790	2,762	28
	898	848	50
	1,616	1,656	-40
	352	512	-160
	3,285	4,917	-1,632
	4,684	5,021	-337
	12,029	12,914	-885
	12,952	13,496	-544
	7,305	7,749	-444
	10,069	12,868	-2,799
	11,133	14,107	-2,974
	10,621	11,748	-1,127
	10,636	12,386	-1,750
	12,060	11,935	125
	7,433	8,453	-1,020
	7,023	7,702	-679
	5,979	7,640	-1,661
	7,051	9,901	-2,850
	9,638	9,490	148
	8,711	8,357	354
	3,632	3,886	-254
	13,272	14,749	-1,477
	8,347	6,829	1,518
	7,524	9,150	-1,626
	7,296	7,577	-281
	5,363	7,688	-2,325
	13,183	14,826	-1,643
	10,999	11,445	-446
	10,226	10,914	-688
	10,920	10,749	171
	11,964	13,951	-1,987
	9,826	8,000	1,826
	7,988	8,003	-15
	8,115	9,628	-1,513
	10,601	11,389	-788
	9,842	10,723	-881
	9,450	9,133	317
	9,334	11,272	-1,938
	4,006	3,947	59
	8,190	8,948	-758
	11,021	12,070	-1,049
	39		39
	24	25	-1
	201,745	288,430	-86,685
	387,522	456,350	-68,828
	8,846	12,711	-3,865
	2,921	1,117	1,804
	4,905	4,905	0
	2,020	2,000	20
	5,829	5,721	108
	2,308	1,637	671
	3,751	3,083	668
	9,929	5,771	4,158
	7,968	4,133	3,835
	13,851	6,327	7,524
	36,691	13,776	22,915
	9,078	9,092	-14
	7,623	13,183	-5,560
	1,588	1,008	580
	1,588	1,232	356
	6,474	4,694	1,780
	9,593	5,371	4,222
	3,263	4,092	-829
	4,626	5,302	-676
	6,672	8,295	-1,623
	7,221	6,999	222
	9,146	6,793	2,353
	7,221	3,751	3,470
	1,726	1,526	200
	5,293	2,683	2,610
	7,480	4,132	3,348
	4,143	3,066	1,077
	14,753	5,007	9,746
	8,018	2,460	5,558
	4,494	4,866	-372
	9,576	1,456	8,120
	8,403	6,404	1,999
	11,472	9,510	1,962
	12,505	13,061	-556
	14,482	7,622	6,860
	3,265	892	2,373
	6,960	8,609	-1,649
	4,343	3,818	525
	6,544	5,335	1,209
	4,886	5,995	-1,109
	2,756	1,953	803
	3,884	1,576	2,308
	1,127	512	615
	6,887	6,880	7
	1,465	1,422	43
	3,663	2,269	1,394
	13,468	11,439	2,029
	2,544	1,844	700
	5,387	3,348	2,039
	7,631	8,181	-550
	1,570	560	1,010
	4,972	5,736	-764
	2,072	1,892	180
	7,933	2,989	4,944
	8,936	5,882	3,054
	7,785	6,307	1,478
	4,865	4,634	231
	3,639	1,694	1,945
	7,874	7,092	782
	9,054	5,939	3,115
	8,430	5,572	2,858
	4,076	5,532	-1,456
	3,318	2,197	1,121
	3,309	4,767	-1,458
	7,526	6,387	1,139
	8,407	6,323	2,084
	8,108	7,844	264
	2,381	2,172	209
	7,929	8,205	-276
	6,141	8,054	-1,913
	1,212	1,093	119
	7,761	8,320	-559
	8,030	6,630	1,400
	7,525	4,661	2,864
	7,682	4,748	2,934
	3,109	6,136	-3,027
	1,760	1,914	-154
	4,267	7,111	-2,844
	9,350	6,486	2,864
	5,187	4,972	215
	6,839	6,789	50
	9,098	6,777	2,321
	1,359	1,052	307
	21,148	14,093	7,055
	30,593	46,440	-15,847
	887	863	24
	2,217	1,640	577
	14,133	22,529	-8,396
	12,219	8,157	4,062
	729	642	87
	6,037	22,282	-16,245
	6,254	12,741	-6,487
	4,007	4,933	-926
	2,586	2,007	579
	1,276	1,175	101
	1,496	719	777
	13,494	16,485	-2,991
	6,304	7,652	-1,348
	968	996	-28
	12,748	13,280	-532
	34,998	45,681	-10,683
	370	348	22
	24,926	32,425	-7,499
	11,701	9,389	2,312
	260	186	74
	11,310	15,556	-4,246
	18,583	20,898	-2,315
	15,634	17,979	-2,345
	10,929	16,366	-5,437
	8,340	10,966	-2,626
	754	773	-19
	6,794	8,891	-2,097
	11,257	11,106	151
	4,097	8,316	-4,219
	20,390	10,820	9,570
	15,542	21,863	-6,321
	6,762	7,656	-894
	9,105	7,333	1,772
	1,547	919	628
	24,784	26,607	-1,823
	520	394	126
	5,369	8,180	-2,811
	20,017	24,123	-4,106
	12,290	12,329	-39
	1,508	1,197	311
	20,010	29,190	-9,180
	5,010	8,339	-3,329
	14,295	11,143	3,152
	1,467	1,024	443
	15,673	11,204	4,469
	9,530	11,080	-1,550
	220	186	34
	26,361	29,032	-2,671
	612	495	117
	20,082	29,234	-9,152
	9,401	9,101	300
	260	239	21
	12,921	18,390	-5,469
	10,879	11,969	-1,090
	7,846	7,749	97
	13,568	9,553	4,015
	2,536	1,782	754
	8,584	10,655	-2,071
	5,925	14,904	-8,979
	7,509	15,089	-7,580
	4,635	5,846	-1,211
	587	638	-51
	948	1,455	-507
	6,319	3,313	3,006
			4,704

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			-59,365
b			-11,508
c			-1,328
d			222
e			-604
			-385
			1,466
			-355
			1,967
			840
			-407
			-810
			-782
			-64
			3,827
			-28
			-472
			-1,137
			-655
			-413
			192
			-6
			4,253
			-61
			-53
			759
			252
			2,973
			704
			1,830
			-631
			972
			-65
			342
			-713
			963
			-743
			-510
			640
			-328
			-243
			1,060
			-630
			-879
			-1,989
			-221
			1,073
			1,095
			-9
			-534
			1,039
			-732
			677
			-778
			-1,282
			2,744
			95
			-607
			-41
			2,180
			1,448
			-351
			-400
			925
			-69
			-102
			-561
			-795
			-395
			-13
			-207
			1
			194
			-1,092
			-155
			2,926
			153
			-45
			-600
			-985
			-539
			-1,925
			-18
			-645
			-157
			-292
			-173
			-379
			-316
			-37
			-262
			-912
			-473
			-27
			-313
			-30
			-210
			364
			79
			-72
			-980
			-663
			-209
			-202
			-348
			-114
			-28
			-761
			-751
			-42
			8
			-99
			-280
			7
			-116
			-337
			-98
			-56
			-202
			-643
			-70
			-4
			-289
			-404
			353
			-241
			28
			50
			-40
			-160
			-1,632
			-337
			-885
			-544
			-444
			-2,799
			-2,974
			-1,127
			-1,750
			125
			-1,020
			-679
			-1,661
			-2,850
			148
			354
			-254
			-1,477
			1,518
			-1,626
			-281
			-2,325
			-1,643
			-446
			-688
			171
			-1,987
			1,826
			-15
			-1,513
			-788
			-881
			317
			-1,938
			59
			-758
			-1,049
			39
			-1
			-86,685
			-68,828
			-3,865
			1,804
			0
			20
			108
			671
			668
			4,158
			3,835
			7,524
			22,915
			-14
			-5,560
			580
			356
			1,780
			4,222
			-829
			-676
			-1,623
			222
			2,353
			3,470
			200
			2,610
			3,348
			1,077
			9,746
			5,558
			-372
			8,120
			1,999
			1,962
			-556
			6,860
			2,373
			-1,649
			525
			1,209
			-1,109
			803
			2,308
			615
			7
			43
			1,394
			2,029
			700
			2,039
			-550
			1,010
			-764
			180
			4,944
			3,054
			1,478
			231
			1,945
			782
			3,115
			2,858
			-1,456
			1,121
			-1,458
			1,139
			2,084
			264
			209
			-276
			-1,913
			119
			-559
			1,400
			2,864
			2,934
			-3,027
			-154
			-2,844
			2,864
			215
			50
			2,321
			307
			7,055
			-15,847
			24
			577
			-8,396
			4,062
			87
			-16,245
			-6,487
			-926
			579
			101
			777
			-2,991
			-1,348
			-28
			-532
			-10,683
			22
			-7,499
			2,312
			74
			-4,246
			-2,315
			-2,345
			-5,437
			-2,626
			-19
			-2,097
			151
			-4,219
			9,570
			-6,321
			-894
			1,772
			628
			-1,823
			126
			-2,811
			-4,106
			-39
			311
			-9,180
			-3,329
			3,152
			443
			4,469
			-1,550
			34
			-2,671
			117
			-9,152
			300
			21
			-5,469
			-1,090
			97
			4,015
			754
			-2,071
			-8,979
			-7,580
			-1,211
			-51
			-507
			3,006
			4,704

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-253,017
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 . . . . . . . . . . . . .		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? Yes No

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	1,596,471	4,212,510	0.378983
2008	1,589,196	5,979,435	0.265777
2007	1,628,361	9,850,573	0.165306
2006	2,078,059	10,401,147	0.199791
2005	2,090,364	12,523,502	0.166915

2	Total of line 1, column (d) ......................	2	1.176772
3	Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years. . .	3	0.235354
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	2,838,761
5	Multiply line 4 by line 3.......................	5	668,114
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	0
7	Add lines 5 and 6.........................	7	668,114
8	Enter qualifying distributions from Part XII, line 4..............	8	1,569,416
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	0
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	0
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	0
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a	8,998
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	8,998
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	8,998
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax8,998	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?.............................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

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?................

Yes

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.

Yes

Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) bullet

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 .

Yes

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...........................

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

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) .......

Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

WWW.BENEFICIAFOUNDATION.ORG

The books are in care of bullet

Foundation Offficers Telephone no. bullet

(215) 887-6700

Located at bullet

One Pitcairn Place Suite 3000JENKINTOWNPA ZIP+4 bullet

19046

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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? .................

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

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.) .........

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business

enterprise at any time during the year?.....................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(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)...YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)?

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay

premiums on a personal benefit contract?....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
Mr Laren Pitcairn	President/Director 0.00	0	0	0
One Pitcairn Place Jenkintown,PA19046	President/Director 0.00	0	0	0
Mr J Daniel Mitchell	Vice President/Director 0.00	0	0	0
One Pitcairn Place Jenkintown,PA19046	Vice President/Director 0.00	0	0	0
Mr Feodor U Pitcairn	Exec. Secretary/Director 0.00	0	0	0
One Pitcairn Place Jenkintown,PA19046	Exec. Secretary/Director 0.00	0	0	0
Mr Mark J Pennink	Treasurer/Director 0.00	0	0	0
One Pitcairn Place Jenkintown,PA19046	Treasurer/Director 0.00	0	0	0
Mrs Deana Duncan	Director 0.00	0	0	0
One Pitcairn Place Jenkintown,PA19046	Director 0.00	0	0	0
Mrs Miriam Mitchell	Director 0.00	0	0	0
One Pitcairn Place Jenkintown,PA19046	Director 0.00	0	0	0
Mrs Eshowe Pennink	Director 0.00	0	0	0
One Pitcairn Place Jenkintown,PA19046	Director 0.00	0	0	0
Mrs Kirstin O Pitcairn	Director 0.00	0	0	0
One Pitcairn Place Jenkintown,PA19046	Director 0.00	0	0	0
Mrs Mary Eleanor Pitcairn	Director 0.00	0	0	0
One Pitcairn Place Jenkintown,PA19046	Director 0.00	0	0	0
Ms Sharon R Pitcairn	Director 0.00	0	0	0
One Pitcairn Place Jenkintown,PA19046	Director 0.00	0	0	0
Mrs Heather C Reynolds	Director 0.00	0	0	0
One Pitcairn Place Jenkintown,PA19046	Director 0.00	0	0	0

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...................				0

3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
PITCAIRN TRUST COMPANY	INVESTMENT SERVICES	0
165 TOWNSHIP LINE ROAD SUITE 3000 JENKINTOWN,PA19046	INVESTMENT SERVICES	0

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)

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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

506,059

Average of monthly cash balances.......................

2,375,932

Fair market value of all other assets (see page 24 of the instructions)............

Total (add lines 1a, b, and c).........................

2,881,991

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) ..............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d..........................

2,881,991

Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25

of the instructions) ............................

43,230

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

2,838,761

Minimum investment return. Enter 5% of line 5...................

141,938

Part XI

Distributable Amount (see page 25 of the instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

141,938

Tax on investment income for 2010 from Part VI, line 5......

Income tax for 2010. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

141,938

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4.............................

141,938

Deduction from distributable amount (see page 25 of the instructions)...........

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1.................................

141,938

Part XII

Qualifying Distributions (see page 25 of the instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

1,569,416

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes................................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

1,569,416

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)............

Adjusted qualifying distributions. Subtract line 5 from line 4...............

1,569,416

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)

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					141,938
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2010:
a From 2005.......	1,485,719
b From 2006.......	1,585,186
c From 2007.......	1,149,430
d From 2008.......	1,290,356
e From 2009.......	1,385,845
fTotal of lines 3a through e.........		6,896,536
4Qualifying distributions for 2010 from Part
XII, line 4: $ 1,569,416
a Applied to 2009, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see page 26 of the instructions)			0
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...		0
d Applied to 2010 distributable amount.....					141,938
e Remaining amount distributed out of corpus		1,427,478
5 Excess distributions carryover applied to 2010.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		8,324,014
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...			0
e Undistributed income for 2009. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........				0
f Undistributed income for 2010. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........		0
8Excess distributions carryover from 2005 not applied on line 5 or line 7 (see page 27 of the instructions) .............		1,485,719
9Excess distributions carryover to 2011. Subtract lines 7 and 8 from line 6a ......		6,838,295
10 Analysis of line 9:
a Excess from 2006....	1,585,186
b Excess from 2007....	1,149,430
c Excess from 2008....	1,290,356
d Excess from 2009....	1,385,845
e Excess from 2010....	1,427,478

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ....
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets” alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment” alternative test— enter 2⁄3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support” alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see page 27 of the instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see page 28 of the instructions) to individuals or organizations
under other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number of the person to whom applications should be addressed:

Feodor U Pitcairn
One Pitcairn Place
Jenkintown,PA19046
(800) 211-1745

bThe form in which applications should be submitted and information and materials they should include:

Open

cAny submission deadlines:

None

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

None

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ABINGTON ART CENTER INC 515 MEETINGHOUSE ROAD ABINGTON,PA19001	N/A	CHARITY	COMMUNITY ARTS INITIATIVE	25,000
ACADEMY OF VOCAL ARTS 1920 SPRUCE STREET PHILADELPHIA,PA19103	N/A	CHARITY	AVA OPERA THEATER SEASON	65,000
AMAZON CONSERVATION ASSOCATION 1822 R STREET NW WASHINGTON,DC20009	N/A	CHARITY	UNRESTRICTED	40,000
AMERICAN BIRD CONSERVATORY 1731 CONNECTICUT AVENUE WASHINGTON,DC20009	N/A	CHARITY	UNRESTRICTED	75,000
ATHENAEUM OF PHILADELPHIA 219 S 6TH STREET PHILADELPHIA,PA191063794	N/A	CHARITY	UNRESTRICTED	15,000
BACH CHOIR OF BETHLEHEM 423 HECKEWELDER PLACE BETHLEHEM,PA18018	N/A	CHARITY	103RD BETHELHEM BACH FESTIVAL	10,000
BAT CONSERVATION INTERNATIONAL PO BOX 162603 AUSTIN,TX78716	N/A	CHARITY	UNRESTRICTED	100,000
BRYN ATHYN ORCHESTRA ASSOCATION PO BOX 277 BRYN ATHYN,PA19009	N/A	CHARITY	GENERAL OPERATING SUPPORT	10,000
BUCKS COUNTY SYMPHONY SOCIETY PO BOX 500 DOYLESTOWN,PA18901	N/A	CHARITY	YOUTH AND AUDIENCE EXPANSION	20,000
CLEAN AIR COUNCIL OF PHILADELPHIA 135 S 19TH STREET PHILADELPHIA PA 135 SOUTH 19TH STREET PHILADELPHIA,PA19103	N/A	CHARITY	UNRESTRICTED	40,000
ENCHANTMENT THEATER COMPANY 12 CHELFIELD ROAD GLENSIDE,PA19038	N/A	CHARITY	UNRESTRICTED	75,000
FRIENDS OF THE OSA 1822 R STREET NW WASHINGTON,DC20009	N/A	CHARITY	UNRESTRICTED	44,000
ISLAND CONSERVATION 100 SHAFFER ROAD SANTA CRUZ,CA95060	N/A	CHARITY	CARRIBEAN ISLAND RESTORATION PROJECT	40,000
KARDON INSTITUTE OF THE ARTS 10700 KNIGHTS ROAD PHILADELPHIA,PA19154	N/A	CHARITY	SAFE EXPRESSIONS PROGRAM	15,000
LENAPE CHAMBER ENSEMBLE PO BOX 93 PIPERSVILLE,PA18947	N/A	CHARITY	UNRESTRICTED	25,000
NEW YORK BOTANICAL GARDEN BRONX RIVER PARKWAY AT FORDHAM ROAD BRONX,NY10458	N/A	CHARITY	UNRESTRICTED	63,250
NEW YORK BOTANICAL GARDEN BRONX RIVER PARKWAY AT FORDHAM ROAD BRONX,NY10458	N/A	CHARITY	UNRESTRICTED	55,747
OCEAN CONSERVANCY 1300 19TH STREET NW 8TH FLOOR WASHINGTON,DC20036	N/A	CHARITY	UNRESTRICTED	80,000
OIKONOS ECOSYSTEMS PO BOX 1932 BENICIA,CA94510	N/A	CHARITY	UNRESTRICTED	20,000
OPERA COMPANY OF PHILADELPHIA 1420 LOCUST STREET 210 PHILADELPHIA,PA19102	N/A	CHARITY	UNRESTRICTED	65,000
ORCHESTRA 2001 INC PO BOX 30282 PHILADELPHIA,PA19103	N/A	CHARITY	UNRESTRICTED	15,000
PHILADELPHIA MUSEUM OF ART PO BOX 7646 PHILADELPHIA,PA191017646	N/A	CHARITY	GENERAL OPERATING SUPPORT	60,000
PROVINCETOWN CENTER FOR COASTAL STUDIES 115 BRADFORD STREET PROVINCETOWN,MA02657	N/A	CHARITY	UNRESTRICTED	40,000
SETTLEMENT MUSIC SCHOOL PO BOX 63966 PHILADELPHIA,PA191473966	N/A	CHARITY	UNRESTRICTED	10,000
THE ACADEMY OF THE NEW CHURCH 1855 HUNTINGDON ROAD HUNTINGDON VALLEY,PA190064402	N/A	RELIGIOUS INSTITUTIO	VARIOUS	85,000
THE PHILADELPHIA CHAMBER MUSIC SOCIETY 135 S 18TH STREET UNIT 204 PHILADELPHIA,PA19103	N/A	CHARITY	UNRESTRICTED	15,000
THE WILDLIFE CONSERVATION SOCIETY 2300 SOUTHERN BLVD BRONX,NY10460	N/A	CHARITY	VARIOUS	60,000
TINICUM CONSERVANCY PO BOX 206 ERWINNA,PA18920	N/A	CHARITY	UNRESTRICTED	38,000
TURTLE SURVIVAL ALLIANCE FOUNDATION 168 GOODRICH STREET LUNENBURG,MA01462	N/A	CHARITY	UNRESTRICTED	45,000
WORLD LAND TRUST 2806 P STREET NW WASHINGTON,DC20007	N/A	CHARITY	VARIOUS	75,000
PANTHERA 8 WEST 40TH STREET 18TH FL NEW YORK,NY10018	N/A	CHARITY	JAGUAR CORRIDOR INITIATIVE	20,000
THE INTERNATIONAL IGUANA FOUNDATION 1989 COLONIAL PARKWAY FORT WORTH,TX76110	N/A	CHARITY	RESTORING THE GOAT ISLANDS	20,000
NATURAL LANDS TRUST 1031 PALMERS MILL ROAD MEDIA,PA19063	N/A	CHARITY	HOPEWELL BIG WOODS LANDSCAPE	28,000
HERITAGE CONSERVANCY 85 OLD DUBLIN PIKE DOYLESTOWN,PA18901	N/A	CHARITY	COOKS CREEK WATERSHED	25,000
TEMPESTA DE MARE 1034 CARPENTER STREET PHILADELPHIA,PA19147	N/A	CHARITY	UNRESTRICTED	10,000
DELAWARE RIVERKEEPER 300 POND STREET 2ND FLOOR BRISTOL,PA19007	N/A	CHARITY	UNRESTRICTED	30,000
NATURAL RESOURCES DEFENSE COUNCIL 40 W 20TH STREET NEW YORK,NY10011	N/A	CHARITY	UNRESTRICTED	20,000
BROOKLYN BOTANICAL COUNCIL 1000 WASHINGTON AVENUE BROOKLYN,NY11225	N/A	CHARITY	UNRESTRICTED	10,000
THE LORDS NEW CHURCH 1855 HUNTINGDON ROAD HUNTINGDON VALLEY,PA190064402	N/A	CHARITY	UNRESTRICTED	20,000
TROUT UNLIMITED 1300 17TH ST N ARLINGTON,VA222093311	N/A	CHARITY	UNRESTRICTED	25,000
Total ................................. 3a				1,533,997

bApproved for future payment

Total .................................. 3b				0

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
4 Dividends and interest from securities....			14	16,507
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	-253,017
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)..		0		-236,510	0

13Total. Add line 12, columns (b), (d), and (e)...................

13-236,510

(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.	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)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash....................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements............................

1b(4)

(5) Loans or loan guarantees..............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

If “Yes,” complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

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.

	Signature of officer or trustee	Date	Title

Preparer's Signature	Date	Check if self- employed	PTIN
Firm's name Firm's address		Firm's EIN
		Phone no.

Form 990-PF (2010)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
Group LP	1,070	1,070	0
INSURANCE - D & O LIABILITY	6,820	0	6,820
CONSERVATION RESOURCES - WEBSITE	19,282	0	19,282