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
NewCity 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

06-1475198
B Telephone number (see page 10 of the instructions)

(800) 839-1754
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,678,975J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 532 532  
4 Dividends and interest from securities...... 57,805 57,805  
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 -854
b Gross sales price for all assets on line 6a 2,148,778
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)....... Click to see attachment 11,269 11,269  
12 Total. Add lines 1 through 11........ 68,752 69,606  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 9,215 9,215    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 800      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 28,584 10,879   17,705
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 38,599 20,094   17,705
25 Contributions, gifts, grants paid........ 277,833 277,833
26 Total expenses and disbursements. Add lines 24 and 25 316,432 20,094   295,538
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -247,680
b Net investment income (if negative, enter -0-) 49,512
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.......... 144,614 92,883 92,883
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 171,255 Click to see attachment226,992 224,363
b Investments—corporate stock (attach schedule)........ 1,122,109 Click to see attachment1,503,815 1,694,477
c Investments—corporate bonds (attach schedule)........ 368,917 Click to see attachment672,924 667,252
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 937,399    
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) 2,744,294 2,496,614 2,678,975
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 2,744,294 2,496,614
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,744,294 2,496,614
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,744,294 2,496,614
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 2,744,294
2 Enter amount from Part I, line 27a...................... 2 -247,680
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,496,614
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 2,496,614
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 AMPHORA FUND LLLP P 2007-09-30 2010-08-18
c Passthrough K1 Capital Loss      
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 1,223,758   1,212,539 11,219
b 925,020   883,387 41,633
c       -53,706
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       11,219
b       41,633
c       -53,706
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 -854
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 288,488 2,781,864 000.103703
2008 342,201 3,187,702 000.107350
2007 271,910 4,780,044 000.056884
2006 250,270 4,634,510 000.054001
2005 263,391 4,422,304 000.059560
2 Total of line 1, column (d) ...................... 2 000.381498
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. . . 		3 000.076300
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 2,632,660
5 Multiply line 4 by line 3....................... 5 200,872
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 495
7 Add lines 5 and 6......................... 7 201,367
8 Enter qualifying distributions from Part XII, line 4.............. 8 295,538
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 1 495
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............................ 3 495
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- ..... 5 495
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 1,537
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: 1537 7 1,537
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,042
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet1,042 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
     
     
    .........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
    Marissa V G Ferguson Trustee
    001.00     		0    
    c/o Foundation Source 501 Silversid
    Wilmington,DE19809
    Richard A Ferguson Trustee
    003.00     		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
    1,965,291
    b
    Average of monthly cash balances.......................
    1b
    124,571
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    582,889
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,672,751
    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
    2,672,751
    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
    40,091
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,632,660
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    131,633
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    131,633
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    495
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    495
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    131,138
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    131,138
    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
    131,138
    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
    295,538
    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
    295,538
    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
    495
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    295,043
    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 7 131,138
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008....... 177,223
    e From 2009....... 150,525
    fTotal of lines 3a through e......... 327,748
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 295,538
    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..... 131,138
    e Remaining amount distributed out of corpus 164,400
    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 5 492,148
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		492,148
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008.... 177,223
    d Excess from 2009.... 150,525
    e Excess from 2010.... 164,400
    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).)
    Marissa V G Ferguson
    Richard A Ferguson
    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
    ACHIEVEMENT FIRST INC
    510 WAVERLY AVE
    BROOKLYN,NY11238     		N/A 509(a)(1) Elm City College Prep In New Haven 20,000
    ACHIEVEMENT FIRST INC
    403 JAMES ST
    NEW HAVEN,CT06513     		N/A 509(a)(1) Bridgeport Academy 1,000
    AMERICARES FOUNDATION INC
    88 HAMILTON AVE
    STAMFORD,CT06902     		N/A 509(a)(1) Relief for Haiti 1,000
    ANTI-DEFAMATION LEAGUE OF BNAI BRIT
    1952 WHITNEY AVE 3RD FL
    HAMDEN,CT06517     		N/A 509(a)(2) Charitable Event 1,500
    BARNUM MUSEUM FOUNDATION INC
    820 MAIN ST
    BRIDGEPORT,CT06604     		N/A 509(a)(1) General Unrestricted 200
    BRIDGEPORT PUBLIC EDUCATION FUND IN
    446 UNIVERSITY AVE
    BRIDGEPORT,CT06604     		N/A 509(a)(1) General Unrestricted 500
    BRIDGEPORT PUBLIC EDUCATION FUND IN
    446 UNIVERSITY AVE
    BRIDGEPORT,CT06604     		N/A 509(a)(1) Star Awards Program 3,883
    BRIDGEPORT PUBLIC EDUCATION FUND IN
    446 UNIVERSITY AVE
    BRIDGEPORT,CT06604     		N/A 509(a)(1) Theresa McDonalds Be Enthusiastic About Reading Program 700
    BRIDGEPORT PUBLIC EDUCATION FUND IN
    446 UNIVERSITY AVE
    BRIDGEPORT,CT06604     		N/A 509(a)(1) Alex Wilhoite Benefit Scholarship 300
    BRIDGEPORT PUBLIC EDUCATION FUND IN
    446 UNIVERSITY AVE
    BRIDGEPORT,CT06604     		N/A 509(a)(1) Alex Wilholte Benefit Scholarship 400
    BROADCASTERS FOUNDATION OF AMERICA
    125 W 55TH ST
    NEW YORK,NY10019     		N/A 509(a)(1) General Unrestricted 3,000
    CHARTER OAK CHALLENGE FOUNDATION IN
    11 BRIDGE SQ
    WESTPORT,CT06880     		N/A 509(a)(1) Charitable Event 1,000
    CHARTER OAK CHALLENGE FOUNDATION IN
    11 BRIDGE SQ
    WESTPORT,CT06880     		N/A 509(a)(1) Charitable Event 1,000
    CHARTER OAK CHALLENGE FOUNDATION IN
    11 BRIDGE SQ
    WESTPORT,CT06880     		N/A 509(a)(1) Charitable Event 500
    CHARTER OAK CHALLENGE FOUNDATION IN
    11 BRIDGE SQ
    WESTPORT,CT06880     		N/A 509(a)(1) Achievement First Bridgeport Academy Campaign 9,000
    CONNECTICUT COALITION FOR ACHIEVEME
    85 WILLOW ST
    NEW HAVEN,CT06511     		N/A 509(a)(1) General Unrestricted 10,000
    CONNECTICUT FOOD BANK INC
    PO BOX 8686
    EAST HAVEN,CT06512     		N/A 509(a)(1) General Unrestricted 200
    CONNECTICUT PLAYERS FOUNDATION INC
    222 SARGENT DR
    NEW HAVEN,CT06511     		N/A 509(a)(2) General Unrestricted 7,000
    CONNECTICUT PLAYERS FOUNDATION INC
    222 SARGENT DR
    NEW HAVEN,CT06511     		N/A 509(a)(2) Student Education Program 2,500
    CONNECTICUT PLAYERS FOUNDATION INC
    222 SARGENT DR
    NEW HAVEN,CT06511     		N/A 509(a)(2) Long Wharf Website Upgrade 5,000
    CONNECTICUT PLAYERS FOUNDATION INC
    222 SARGENT DR
    NEW HAVEN,CT06511     		N/A 509(a)(2) Charitable Event 500
    CONNECTICUT VOICES FOR CHILDREN INC
    175 MAIN ST
    HARTFORD,CT06106     		N/A 509(a)(1) The Connecticut News Project 250
    EAGLE HILL-SOUTHPORT SCHOOL INC
    214 MAIN ST
    SOUTHPORT,CT06890     		N/A 509(a)(1) Annual Fund 4,000
    EAGLE HILL-SOUTHPORT SCHOOL INC
    214 MAIN ST
    SOUTHPORT,CT06890     		N/A 509(a)(1) Charitable Event 600
    EAGLE HILL-SOUTHPORT SCHOOL INC
    214 MAIN ST
    SOUTHPORT,CT06890     		N/A 509(a)(1) Charitable Event 2,000
    EAGLE HILL-SOUTHPORT SCHOOL INC
    214 MAIN ST
    SOUTHPORT,CT06890     		N/A 509(a)(1) Charitable Event 1,000
    EAGLE HILL-SOUTHPORT SCHOOL INC
    214 MAIN ST
    SOUTHPORT,CT06890     		N/A 509(a)(1) Capital Campaign 30,000
    FORMAN SCHOOLS INC
    PO BOX 80
    LITCHFIELD,CT06759     		N/A 509(a)(1) Annual Fund 4,000
    FORMAN SCHOOLS INC
    PO BOX 80
    LITCHFIELD,CT06759     		N/A 509(a)(1) Charitable Event 600
    FORMAN SCHOOLS INC
    PO BOX 80
    LITCHFIELD,CT06759     		N/A 509(a)(1) Charitable Event 1,000
    FRIENDS OF NEW BEGINNINGS FAMILY AC
    184 GARDEN ST STE 109
    BRIDGEPORT,CT06605     		N/A 509(a)(3) General Unrestricted 3,000
    GRUMMAN HILL MONTESSORI ASSOCIATION
    34 WHIPPLE RD
    WILTON,CT06897     		N/A 509(a)(1) General Unrestricted 8,000
    GRUMMAN HILL MONTESSORI ASSOCIATION
    34 WHIPPLE RD
    WILTON,CT06897     		N/A 509(a)(1) Charitable Event 600
    HOPKINS SCHOOL INCORPORATED
    986 FOREST RD
    NEW HAVEN,CT06515     		N/A 509(a)(1) Annual Fund 14,000
    HOPKINS SCHOOL INCORPORATED
    986 FOREST RD
    NEW HAVEN,CT06515     		N/A 509(a)(1) Celebrate Hopkins 350th Faculty Endowment Fund 3,000
    HOPKINS SCHOOL INCORPORATED
    986 FOREST RD
    NEW HAVEN,CT06515     		N/A 509(a)(1) Breakthrough New Haven at Hopkins Program 1,000
    HOPKINS SCHOOL INCORPORATED
    986 FOREST RD
    NEW HAVEN,CT06515     		N/A 509(a)(1) Charitable Event 600
    HOPKINS SCHOOL INCORPORATED
    986 FOREST RD
    NEW HAVEN,CT06515     		N/A 509(a)(1) Charitable Event 1,500
    HOPKINS SCHOOL INCORPORATED
    986 FOREST RD
    NEW HAVEN,CT06515     		N/A 509(a)(1) Charitable Event 2,000
    HOPKINS SCHOOL INCORPORATED
    986 FOREST RD
    NEW HAVEN,CT06515     		N/A 509(a)(1) Capital Campaign 71,000
    JOHN BAYLISS BROADCAST FOUNDATION
    171 17TH ST 2ND FL
    PACIFIC GROVE,CA93950     		N/A 509(a)(1) General Unrestricted 300
    JUNIOR ACHIEVEMENT OF WESTERN CONNE
    835 MAIN ST
    BRIDGEPORT,CT06604     		N/A 509(a)(1) General Unrestricted 5,000
    JUNIOR ACHIEVEMENT OF WESTERN CONNE
    835 MAIN ST
    BRIDGEPORT,CT06604     		N/A 509(a)(1) Charitable Event 2,500
    KENNEDY CENTER INC
    2440 RESERVOIR AVE
    TRUMBULL,CT06611     		N/A 509(a)(1) Adopt A Home 1,000
    KENNEDY CENTER INC
    2440 RESERVOIR AVE
    TRUMBULL,CT06611     		N/A 509(a)(1) Charitable Event 250
    KIDS EMPOWERED BY YOUR SUPPORT INC
    16 SEIR HILL RD
    WILTON,CT06897     		N/A 509(a)(1) General Unrestricted 500
    KIDS EMPOWERED BY YOUR SUPPORT INC
    16 SEIR HILL RD
    WILTON,CT06897     		N/A 509(a)(1) Charitable Event 100
    LEADERSHIP EDUCATION AND ATHLETICS
    31 JEFFERSON ST
    NEW HAVEN,CT06511     		N/A 509(a)(1) Charitable Event 1,000
    LIBRARY OF AMERICAN BROADCASTING FO
    PO BOX 2749
    ALEXANDRIA,VA22301     		N/A 509(a)(2) General Unrestricted 500
    LIBRARY OF AMERICAN BROADCASTING FO
    PO BOX 2749
    ALEXANDRIA,VA22301     		N/A 509(a)(2) Charitable Event 500
    NATIONAL ASSOCIATION OF BROADCASTER
    1771 N ST NW
    WASHINGTON,DC20036     		N/A 509(a)(3) Broadcast Leadership Training 5,000
    NEIGHBORHOOD STUDIOS OF FAIRFIELD C
    391 E WASHINGTON AVE
    BRIDGEPORT,CT06608     		N/A 509(a)(2) General Unrestricted 200
    NEW HAVEN FREE PUBLIC LIBRARY FOUND
    133 ELM ST
    NEW HAVEN,CT06510     		N/A 509(a)(1) General Unrestricted 250
    NORWALK HOSPITAL FOUNDATION INC
    34 MAPLE ST
    NORWALK,CT06856     		N/A 509(a)(1) General Unrestricted 1,000
    OKEMO COMMUNITY CHALLENGE
    C/O OKEMO MOUTAIN RESORT 77 OKEMO R
    LUDLOW,VT05149     		N/A 509(a)(1) Charitable Event 200
    PRESERVING OKLAHOMA'S LEGACY INSTIT
    4310 E 79TH ST
    TULSA,OK74136     		N/A 509(a)(2) General Unrestricted 750
    REGIONAL YOUTH ADULT SOCIAL ACTION
    2470 FAIRFIELD AVE
    BRIDGEPORT,CT06605     		N/A 509(a)(1) RYSAP Youth Scholarship 1,000
    SCHOOL VOLUNTEER ASSOCIATION BRIDGE
    280 TESINY AVE
    BRIDGEPORT,CT06606     		N/A 509(a)(1) Read Aloud Day Program 1,000
    SMART KIDS WITH LEARNING DISABILITI
    38 KINGS HWY N
    WESTPORT,CT06880     		N/A 509(a)(1) General Unrestricted 2,000
    SMART KIDS WITH LEARNING DISABILITI
    38 KINGS HWY N
    WESTPORT,CT06880     		N/A 509(a)(1) Charitable Event 1,000
    SPRING GLEN CHURCH
    1825 WHITNEY AVE
    HAMDEN,CT06517     		N/A 509(a)(1) General Unrestricted 5,000
    TALMADGE HILL COMMUNITY CHURCH
    870 HOLLOW TREE RIDGE RD
    DARIEN,CT06820     		N/A 509(a)(1) General Unrestricted 3,000
    TEACH FOR AMERICA - CONNECTICUT
    142 TEMPLE ST
    NEW HAVEN,CT06511     		N/A 509(a)(1) General Unrestricted 10,000
    TEACH FOR AMERICA - CONNECTICUT
    142 TEMPLE ST
    NEW HAVEN,CT06511     		N/A 509(a)(1) Charitable Event 500
    TRUSTEES OF UNION COLLEGE
    807 UNION ST
    SCHENECTADY,NY12308     		N/A 509(a)(1) Annual Fund 5,000
    TRUSTEES OF UNION COLLEGE
    807 UNION ST
    SCHENECTADY,NY12308     		N/A 509(a)(1) James Underwood Endowed Scholarship Fund 10,000
    UNITED WAY OF COASTAL FAIRFIELD COU
    75 WASHINGTON AVE
    BRIDGEPORT,CT06604     		N/A 509(a)(1) General Unrestricted 2,000
    WAKEMAN MEMORIAL ASSOCIATION INC
    PO BOX 118
    SOUTHPORT,CT06890     		N/A 509(a)(1) Charitable Event 250
    WESTPORT LIBRARY ASSOC
    ARNOLD BERNHARD PLZ
    WESTPORT,CT06880     		N/A 509(a)(1) General Unrestricted 100
    WESTPORT POLICE ATHLETIC LEAGUE
    50 JESUP RD
    WESTPORT,CT06880     		N/A 509(a)(1) Charitable Event 100
    WESTPORT VOLUNTEER EMERGENCY MEDICA
    50 JESUP RD
    WESTPORT,CT06880     		N/A 509(a)(1) General Unrestricted 500
    Total .................................bullet 3a 277,833
    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     14 532  
    4 Dividends and interest from securities....     14 57,805  
    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 -854  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aK-1 Pass-Through Income     14 10,573  
    bForeign Currency Gain     01 696  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   68,752  
    13Total. Add line 12, columns (b), (d), and (e)...................
    1368,752
    (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: 1537


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 GeneralExplanationAttachment
    Name:
    NewCity Foundation
    EIN: 06-1475198
    Software ID:10000149
    Software Version:2010.2.15
    Identifier Return Reference Explanation

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    NewCity Foundation
    EIN: 06-1475198
    Software ID:10000149
    Software Version:2010.2.15
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BANK AMER FDG CORP SR NT-L 7.62500 06/01/2019 06051GDZ9 2500000.00% 29,425 28,634
    BELGIUM KINGDOM - 3.750 - 09/28/2015 BE0000306150 2100000.00% 29,652 28,736
    BUNDESREPUB DEUTSCHLAND - 5.625 - 01/04/2028 DE0001135069 3000000.00% 52,341 51,138
    CANADIAN GOVERNMENT DTD 03.750 06/01/2012 135087YG3 1100000.00% 11,020 11,359
    CISCO SYSTEMS INC - 4.450 - 01/15/2020 17275RAH5 4000000.00% 44,272 41,908
    EUROPEAN INVESTMENT BANK-INTL DTD 1.400 6/20/2017 XS0223267914 380000000.00% 47,764 48,678
    EUROPEAN INVT BK NT 4.625 05/15/2014 298785DD5 3500000.00% 38,750 38,517
    FRANCE O.A.T. REPUBLIC - 8.500 - 04/25/2023 FR0000571085 2500000.00% 53,181 50,442
    GE CAP CORP NOTES - 5.450 - 01/15/2013 36962GZY3 7000000.00% 75,449 75,249
    GOVT OF FRANCE - 4.000 - 10/25/2014 FR0010112052 2700000.00% 40,049 39,016
    JPM CHASE 4.4 7/22/2020 46625HHS2 4000000.00% 40,388 40,185
    MORGAN STANLEY NT - 6.600 - 04/01/2012 617446HC6 3500000.00% 37,435 37,291
    ONTARIO PROVIDENCE OF - 3.500 - 07/15/2013 683234ZR2 4500000.00% 47,188 47,518
    QUEENSLAND TREAS CORP - 6.00 - 06/14/2011 748305BC2 1600000.00% 15,744 16,443
    SHELL INTL FIN NT DTD 03/23/09 4.00 03/21/2014 822582AF9 4000000.00% 42,311 42,577
    SINGAPORE GOVERNMENT DTD 10/1/2007 2.5 10/1/2012 SG7J27931939 2100000.00% 16,031 16,931
    SWEDISH GOVERNMENT - 4.500 - 08/12/2015 SE0001250135 8000000.00% 12,126 12,838
    TSY 5 2014 DTD 7/25/2002 5 9/7/2014 GB0031829509 1700000.00% 29,462 29,552
    WELLS FARGO CO FDIC GTD TLGP 3.00000 12/09/2011 949744AA4 1000000.00% 10,336 10,240

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    NewCity Foundation
    EIN: 06-1475198
    Software ID:10000149
    Software Version:2010.2.15
    Name of Stock End of Year Book Value End of Year Fair Market Value
    355 shares of ACCENTURE PLC ACN 14,046 17,214
    280 shares of AFLAC INC. AFL 14,335 15,800
    4060 shares of AIA GROUP LTD HK0000069689 12,307 11,413
    640 shares of ALTRIA GROUP INC MO 13,764 15,757
    235 shares of AMERICAN ELECTRIC POWER INC. AEP 8,108 8,455
    380 shares of AMERISOURCEBERGEN CORP ABC 11,576 12,966
    50 shares of APPLE INC. AAPL 15,934 16,128
    315 shares of ARCELORMITTAL AMSTERDAM LU0323134006 10,449 11,966
    930 shares of ASAHI GLASS ADR ASGLY.PK 10,058 10,835
    405 shares of ASML HLDG NV EUR NL0006034001 10,675 15,667
    315 shares of AUTODESK, INC. ADSK 8,623 12,033
    610 shares of BANK NEW YORK MELLON CORP COM BK 16,848 18,422
    3200 shares of BARCLAYS BANK LTD GBP GB0031348658 14,801 13,072
    196 shares of BNP PARIBAS ACT.A BNPQF.PK 9,127 12,505
    2715 shares of BP PLC GBP GB0007980591 18,390 19,734
    410 shares of CARNIVAL CORP CCL 14,599 18,905
    265 shares of CARREFOUR SA FR0000120172 12,459 10,943
    410 shares of CENOVUS ENERGY INC CAD CA15135U1093 10,751 13,672
    4815 shares of CITIGROUP INC C 20,993 22,775
    810 shares of COMCAST CORP CL A CMCSA 15,000 17,796
    395 shares of COVIDIEN LTD COV 16,455 18,036
    155 shares of EOG RESOURCES INC EOG 12,895 14,169
    200 shares of ESTEE LAUDER COMPANIES INC EL 8,043 16,140
    7445 shares of FEDERATED INTERNATIONAL HIGH INCOME FUND CLASS A IHIAX 65,780 69,087
    260 shares of FORTUNE BRANDS INC. FO 12,519 15,665
    190 shares of FRESENIUS MEDICAL CARE AG CO KGAA DE0005785802 10,596 10,994
    355 shares of GENERAL MOTORS GM 12,361 13,085
    405 shares of GILEAD SCIENCES INC GILD 15,634 14,677
    615 shares of GLAXOSMITHKLINE PLC GBP GB0009252882 11,738 11,906
    105 shares of GOLDMAN SACHS GROUP GS 17,258 17,657
    28 shares of GOOGLE INC CL A GOOG 17,135 16,631
    280 shares of HEIDELBERGCEMENT AG EUR DE0006047004 14,331 17,577
    155 shares of HELMERICH PAYNE HP 7,032 7,514
    155 shares of HESS CORP HES 8,399 11,864
    425 shares of HEWLETT PACKARD CO HPQ 18,425 17,893
    126 shares of ISHARES BARCLAYS MBS BOND FUND MBB 13,532 13,303
    132 shares of ISHARES BARCLAYS TIPS BOND FUND TIP 13,657 14,193
    199 shares of ISHARES LEHMAN 1-3 Y CSJ 20,832 20,752
    1453 shares of ISHARES TRUST RUSSELL 1000 GROWTH INDEX FD IWF 74,958 83,198
    1325 shares of JAMES HARDIE INDUSTRIES NV - CDI AU000000JHX1 8,187 9,193
    285 shares of JARDINE MATHESON HLDGS LTD BMG507361001 10,217 12,540
    400 shares of KAO CORP ADR KCRPY.PK 10,084 10,756
    151 shares of KDDI CP UNSP ADR KDDIY.PK 7,530 8,669
    510 shares of KRAFT FOODS INC KFT 14,620 16,070
    7545 shares of LAZARD EMERGING MARKETS EQUITY INSTL LZEMX 139,118 164,337
    15600 shares of LLOYDS TSB GROUP PLC GBP COMMON GB0008706128 17,996 16,002
    780 shares of LOWES COMPANIES INC. LOW 17,648 19,562
    215 shares of LYONDELLBASELL INDU-CL A NL0009434992 6,636 7,396
    2890 shares of MAN GROUP PLC GBP GB00B28KQ186 11,765 13,356
    540 shares of MDU RESOURCES GROUP MDU 11,252 10,946
    130 shares of METRO AG ORD DE0007257503 7,270 9,375
    1160 shares of MICROSOFT CORPORATION MSFT 28,939 32,376
    405 shares of MITSUBISHI CORP SPON MSBHY.PK 15,174 21,688
    6210 shares of NEW WORLD DEVELOPMENT CO LTD HKD HK0017000149 10,113 11,664
    955 shares of NISSAN MOTOR LTD ASR NSANY.PK 13,830 18,107
    310 shares of NOVARTIS AG - REG SHS CH0012005267 17,828 18,215
    365 shares of ORICA LTD COMMON AU000000R 9,036 9,301
    180 shares of ORIX CORP ADS IX 6,686 8,757
    615 shares of OWENS CORNING NEW OC 17,235 19,157
    10000 shares of PACIFIC BASIN SHIPPING LTD X BMG684371393 7,495 6,600
    310 shares of PETROBANK ENERGY RESOURCES CA71645P1062 12,390 7,781
    500 shares of PETROLEUM GEO-SERVICES NO0010199151 4,417 7,803
    1195 shares of PRUDENTIAL PLC GB0007099541 10,800 12,463
    445 shares of REPUBLIC SVCS INC. RSG 11,633 13,288
    205 shares of RESEARCH IN MOTION CAD 2117265 11,393 11,917
    165 shares of RICOH CO LTD SPN ADR RICOY.OB 11,704 12,121
    155 shares of RIO TINTO LIMITED AUD AU000000RIO1 9,729 13,557
    510 shares of SAMPO OYJ - A SHS EUR FI0009003305 12,864 13,687
    130 shares of SANKYO CO TD JP3326410002 6,680 7,348
    230 shares of SHIN-ETSU CHEMICAL C SHECY.PK 11,214 12,505
    520 shares of SOUTHWEST AIRLINES LUV 6,698 6,750
    8 shares of SSA SA - REG CH0002497458 11,031 13,422
    2372 shares of SUMITOMO MITSUI FINCL GRP SMFG 15,876 16,865
    480 shares of SUNCOR ENERGY INC SU 15,759 18,379
    355 shares of TECK RESOURCES LTD - CLS B CA8787422044 10,899 21,979
    960 shares of TELENOR ASA NOK NO0010063308 10,917 15,632
    655 shares of TEXTRON INC. TXT 12,797 15,484
    585 shares of TULLOW OIL PLC GBP GB0001500809 9,859 11,517
    26543 shares of UBS HIGH YIELD FUND CLASS Y BIHYX 159,320 166,156
    7038 shares of UBS U.S. SMALL CAP GROWTH FUND CLASS Y BISCX 85,928 106,337
    380 shares of UNITEDHEALTH GROUP INC. UNH 11,490 13,722
    245 shares of UNIVERSAL HLTH SVC B UHS 10,559 10,638
    65 shares of VOLKSWAGEN AG - PFD EUR DE0007664039 6,360 10,562
    460 shares of WOLTERS KLUWER NL0000395903 10,416 10,098

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    NewCity Foundation
    EIN: 06-1475198
    Software ID:10000149
    Software Version:2010.2.15
    US Government Securities - End of Year Book Value:

    226,992
    US Government Securities - End of Year Fair Market Value:

    224,363
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2010 OtherExpensesSchedule
    Name:
    NewCity Foundation
    EIN: 06-1475198
    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 17,705     17,705
    K1 passthrough AMPHORA FUND LLLP 10,879 10,879    


    TY 2010 OtherIncomeSchedule2
    Name:
    NewCity Foundation
    EIN: 06-1475198
    Software ID:10000149
    Software Version:2010.2.15
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    AMPHORA FUND LLLP K-1 Pass-Through Share of Partnership Income/Loss 10,573 10,573  
    Foreign Currency Gain 696 696  


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    NewCity Foundation
    EIN: 06-1475198
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 9,215 9,215    


    TY 2010 TaxesSchedule
    Name:
    NewCity Foundation
    EIN: 06-1475198
    Software ID:10000149
    Software Version:2010.2.15
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated Tax for 2010 800 0 0 0