Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2010
For calendar year 2010, or tax year beginning 01-01-2010 , and ending 12-31-2010
G
Check all that apply:
Name of foundation
O W CASPERSEN FOUNDATION FOR AID TO
HEALTH & EDUCATION INC

Number and street (or P.O. box number if mail is not delivered to street address)11450 SE DIXIE HWYROOM/SUITE 204Room/suite
City or town, state, and ZIP code
HOBE SOUND, FL334555235
A Employer identification number

51-0101350
B Telephone number (see page 10 of the instructions)

(772) 545-9052
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$2,809,085J 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) 186,342
2 Check bullet
3 Interest on savings and temporary cash investments 15,501 15,501  
4 Dividends and interest from securities...... 7,730 7,730  
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 -217,088
b Gross sales price for all assets on line 6a 2,039,154
7 Capital gain net income (from Part IV, line 2)...  
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 47,216 47,216  
12 Total. Add lines 1 through 11........ 39,701 70,447  
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)....... Click to see attachment 6,300 6,300    
c Other professional fees (attach schedule).... Click to see attachment 50,000 50,000    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 9      
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 22,805 22,805    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 79,114 79,105   0
25 Contributions, gifts, grants paid........ 51,000 51,000
26 Total expenses and disbursements. Add lines 24 and 25 130,114 79,105   51,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -90,413
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 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.......... 1,073,599 2,695,160 2,695,160
3 Accounts receivable bullet1,848
Less: allowance for doubtful accounts bullet   8,619 1,848 1,848
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 3,285,775 Click to see attachment1,580,572 112,077
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,367,993 4,277,580 2,809,085
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 4,367,993 4,277,580
30 Total net assets or fund balances (see page 17 of the
instructions).................... 4,367,993 4,277,580
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 4,367,993 4,277,580
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 4,367,993
2 Enter amount from Part I, line 27a...................... 2 -90,413
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 4,277,580
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 4,277,580
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 K-1 PASS THROUGH S-T P   2010-12-31
b K-1 PASS THROUGH L-T P   2010-12-31
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 2,367     2,367
b     48,142 -48,142
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       2,367
b       -48,142
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -45,775
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 2,367
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      
2008      
2007      
2006      
2005      
2 Total of line 1, column (d) ...................... 2  
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  
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
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 0
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  
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  
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a  
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 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  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet0 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)bulletDE
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletLUCILLE KEEGAN Telephone no.bullet (772) 545-9052
    Located atbullet11450 SE DIXIE HWY SUITE 204HOBE SOUNDFL ZIP+4bullet334555235
    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
     
     
    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
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    BARBARA M CASPERSENClick to see attachment DIRECTOR
    0.20     		0 0 0
    11450 S E DIXIE HWY STE 204
    HOBE SOUND,FL334555235
    FINN M W CASPERSEN JRClick to see attachment DIRECTOR
    0.67     		0 0 0
    11450 S E DIXIE HWY STE 204
    HOBE SOUND,FL334555235
    SAMUEL M W CASPERSENClick to see attachment DIRECTOR
    1.00     		0 0 0
    11450 S E DIXIE HWY STE 204
    HOBE SOUND,FL334555235
    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
    NONE
    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 N/A  
    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
    1,199,431
    b
    Average of monthly cash balances.......................
    1b
    1,834,895
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    1,848
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,036,174
    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
    3,036,174
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    45,543
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,990,631
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    149,532
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    149,532
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
     
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    149,532
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    149,532
    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
    149,532
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    51,000
    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
    51,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    51,000
    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 7 149,532
    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....... 1,253,054
    b From 2006....... 101,583
    c From 2007....... 1,920,093
    d From 2008....... 547,072
    e From 2009....... 225,342
    fTotal of lines 3a through e......... 4,047,144
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 51,000
    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..... 51,000
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2010. 98,532 98,532
    (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 3,948,612
    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) .............     		1,154,522
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		2,794,090
    10 Analysis of line 9:
    a Excess from 2006.... 101,583
    b Excess from 2007.... 1,920,093
    c Excess from 2008.... 547,072
    d Excess from 2009.... 225,342
    e Excess from 2010....  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    LUCILLE KEEGAN
    11450 SE DIXIE HWY SUITE 204
    HOBE SOUND,FL334555235
    (772) 545-9052
    bThe form in which applications should be submitted and information and materials they should include:
    NO SPECIFIC FORM OR INFORMATION.
    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)
    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
    BUSCH WILDLIFE SANCTUARY
    2500 JUPITER PARK DRIVE
    JUPITER,FL33458     		    EDUCATION 10,000
    BROWN UNIVERSITY
    BOX 1908
    PROVIDENCE,RI02912     		    EDUCATION 20,000
    DREW UNIVERSITY
    36 MADISON AVENUE
    MADISON,NJ07940     		    EDUCATION 10,000
    FRENCH & PICKERING CREEKS
    3340 CONSERVATION LANE
    POTTSTOWN,PA19465     		    EDUCATION 100
    FRESH AIR FUND
    633 THIRD AVE 14TH FLOOR
    NEW YORK,NY10017     		    EDUCATION 50
    HOBE SOUND COMMUNITY CHES
    11450 SE DIXIE HWY
    HOBE SOUND,FL33455     		    EDUCATION 10,000
    KIMBERTON WALDORF SCHOOL
    410 W SEVEN STARS RD
    PHOENIXVILLE,PA19460     		    EDUCATION 250
    THE PECK SCHOOL
    247 SOUTH ST
    MORRISTOWN,NJ07960     		    EDUCATION 100
    THE SHIPLEY SCHOOL
    814 YARROW ST
    BRYN MAWR,PA19010     		    EDUCATION 250
    WELLESLEY COLLEGE
    106 CENTRAL STREET
    WELLESLEY,MA02481     		    EDUCATION 250
    Total .................................bullet 3a 51,000
    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         15,501
    4 Dividends and interest from securities....         7,730
    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         -217,088
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aK-1 MISC. INCOME (LOSS)         42,007
    bSUNDRY         498
    cNT INCOME         4,711
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..     -146,641
    13Total. Add line 12, columns (b), (d), and (e)...................
    13-146,641
    (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.)
    3 PROVIDE FUNDS TO BE USED TOWARD GRANTS AND CONTRIBUTIONS.
    4 PROVIDE FUNDS TO BE USED TOWARD GRANTS AND CONTRIBUTIONS.
    8 PROVIDE FUNDS TO BE USED TOWARD GRANTS AND CONTRIBUTIONS.
    11B PROVIDE FUNDS TO BE USED TOWARD GRANTS AND CONTRIBUTIONS.
    11C PROVIDE FUNDS TO BE USED TOWARD GRANTS AND CONTRIBUTIONS.
    11D PROVIDE FUNDS TO BE USED TOWARD GRANTS AND CONTRIBUTIONS.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2010)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 AccountingFeesSchedule
    Name:
    O W CASPERSEN FOUNDATION FOR AID TO
    HEALTH & EDUCATION INC
    EIN: 51-0101350
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 6,300 6,300    

    TY 2010 CompensationExplanation
    Name:
    O W CASPERSEN FOUNDATION FOR AID TO
    HEALTH & EDUCATION INC
    EIN: 51-0101350
    Person Name Explanation
    BARBARA M CASPERSEN  
    FINN M W CASPERSEN JR  
    SAMUEL M W CASPERSEN  

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

    TY 2010 GainLossSaleOtherAssetsSch
    Name:
    O W CASPERSEN FOUNDATION FOR AID TO
    HEALTH & EDUCATION INC
    EIN: 51-0101350
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    7949 SEACOAST NATIONAL BANK 2008-04 PURCHASE 2010-02   11,101 75,368     -64,267  
    2051 SEACOAST NATIONAL BANK 2008-04 PURCHASE 2010-03   3,642 19,535     -15,893  
    1 AMERICAN TOWER CORP   PURCHASE 2010-05   41 27     14  
    2 APPLE INC.   PURCHASE 2010-05   503 251     252  
    2 AVON PRODUCTS   PURCHASE 2010-05   56 37     19  
    6 BANK OF AMERICA 1990-10 PURCHASE 2010-05   97 27     70  
    4 BAXTER INTL   PURCHASE 2010-05   170 226     -56  
    7 CHARLES SCHWAB CORP.   PURCHASE 2010-05   120 84     36  
    2 CISCO SYSTEMS   PURCHASE 2010-05   49 38     11  
    6 CME GROUP 2009-04 PURCHASE 2010-05   1,876 2,031     -155  
    5 COCA COLA   PURCHASE 2010-05   266 237     29  
    4 COSTCO WHOLESALE   PURCHASE 2010-05   232 186     46  
    6 CR BARD INC.   PURCHASE 2010-05   499 452     47  
    6 CROWN CASTLE INTL   PURCHASE 2010-05   219 77     142  
    6 DANAHER CORP   PURCHASE 2010-05   504 472     32  
    5 GILEAD SCIENCES   PURCHASE 2010-05   189 209     -20  
    4 GOOGLE INC.   PURCHASE 2010-05   2,010 1,547     463  
    3 HALLIBURTON CO.   PURCHASE 2010-05   82 135     -53  
    5 JOHNSON & JOHNSON   PURCHASE 2010-05   318 376     -58  
    5 KRAFT FOODS   PURCHASE 2010-05   151 150     1  
    7 LOWES COMPANIES   PURCHASE 2010-05   176 176        
    6 MERCK & CO.   PURCHASE 2010-05   195 315     -120  
    4 MICROSOFT CORP.   PURCHASE 2010-05   115 100     15  
    7 MORGAN STANLEY 2009-05 PURCHASE 2010-05   187 178     9  
    1 NORTHERN TRUST 2009-04 PURCHASE 2010-05   53 53        
    2 ORACLE CORP.   PURCHASE 2010-05   47 35     12  
    4 PEPSICO INC.   PURCHASE 2010-05   265 173     92  
    2 PRAXAIR INC.   PURCHASE 2010-05   154 151     3  
    5 PROCTOR & GAMBLE   PURCHASE 2010-05   315 255     60  
    7 QUALCOMM   PURCHASE 2010-05   259 182     77  
    5 SCHLUMBERGER LTD.   PURCHASE 2010-05   315 273     42  
    1 ST. JUDE MEDICAL   PURCHASE 2010-05   38 37     1  
    6 TARGET INC.   PURCHASE 2010-05   331 307     24  
    6 TEVA PHARMACEUTICAL   PURCHASE 2010-05   342 282     60  
    5 THERMO FISHER SCIENTIFIC   PURCHASE 2010-05   262 204     58  
    2 UNITED TECHNOLOGIES CORP   PURCHASE 2010-05   141 113     28  
    3 VIACOM INC.   PURCHASE 2010-05   100 122     -22  
    7 VISA INC.   PURCHASE 2010-05   530 412     118  
    5 WESTERN UNION   PURCHASE 2010-05   82 91     -9  
    390 AMERICAN TOWER CORP   PURCHASE 2010-05   16,021 10,590     5,431  
    104 APPLE INC.   PURCHASE 2010-05   26,120 13,042     13,078  
    301 AVON PRODUCTS   PURCHASE 2010-05   8,330 5,546     2,784  
    3390 BANK OF AMERICA 1990-10 PURCHASE 2010-05   53,460 15,231     38,229  
    293 BAXTER INTL   PURCHASE 2010-05   12,709 16,583     -3,874  
    468 CHARLES SCHWAB CORP.   PURCHASE 2010-05   7,839 5,600     2,239  
    762 CISCO SYSTEMS   PURCHASE 2010-05   18,498 14,619     3,879  
    24 CME GROUP 2009-04 PURCHASE 2010-05   7,395 8,124     -729  
    132 COCA COLA   PURCHASE 2010-05   7,020 6,267     753  
    234 COSTCO WHOLESALE   PURCHASE 2010-05   13,537 10,877     2,660  
    30 CR BARD INC.   PURCHASE 2010-05   2,496 2,260     236  
    330 CROWN CASTLE INTL   PURCHASE 2010-05   11,869 4,212     7,657  
    78 DANAHER CORP   PURCHASE 2010-05   6,484 6,139     345  
    243 GILEAD SCIENCES   PURCHASE 2010-05   9,310 10,157     -847  
    18 GOOGLE INC.   PURCHASE 2010-05   8,979 6,960     2,019  
    266 HALLIBURTON CO.   PURCHASE 2010-05   7,317 11,968     -4,651  
    213 JOHNSON & JOHNSON   PURCHASE 2010-05   13,418 15,281     -1,863  
    186 KRAFT FOODS   PURCHASE 2010-05   5,593 5,569     24  
    504 LOWES COMPANIES   PURCHASE 2010-05   12,310 12,661     -351  
    114 MCDONALDS 2009-05 PURCHASE 2010-05   7,982 6,268     1,714  
    258 MERCK & CO.   PURCHASE 2010-05   8,372 13,535     -5,163  
    714 MICROSOFT CORP.   PURCHASE 2010-05   20,339 17,922     2,417  
    39 MORGAN STANLEY 2009-05 PURCHASE 2010-05   1,038 992     46  
    55 NORTHERN TRUST 2009-04 PURCHASE 2010-05   2,901 2,937     -36  
    735 ORACLE CORP.   PURCHASE 2010-05   17,211 12,819     4,392  
    296 PEPSICO INC.   PURCHASE 2010-05   19,699 12,783     6,916  
    120 PRAXAIR INC.   PURCHASE 2010-05   9,361 9,080     281  
    311 PROCTOR & GAMBLE 2009-04 PURCHASE 2010-05   19,679 15,826     3,853  
    323 QUALCOMM   PURCHASE 2010-05   11,841 8,375     3,466  
    277 SCHLUMBERGER LTD.   PURCHASE 2010-05   17,645 15,096     2,549  
    138 ST. JUDE MEDICAL   PURCHASE 2010-05   5,312 5,036     276  
    258 TARGET INC.   PURCHASE 2010-05   13,987 13,188     799  
    89 TEVA PHARMACEUTICAL   PURCHASE 2010-05   4,906 4,179     727  
    156 THERMO FISHER SCIENTIFIC   PURCHASE 2010-05   8,159 6,011     2,148  
    120 UNITED TECHNOLOGIES CORP   PURCHASE 2010-05   8,492 6,802     1,690  
    180 VIACOM INC.   PURCHASE 2010-05   6,102 7,347     -1,245  
    60 VISA INC.   PURCHASE 2010-05   4,149 3,527     622  
    426 WESTERN UNION   PURCHASE 2010-05   6,895 7,758     -863  
    1705 IBM   PURCHASE 2010-05   212,689 38,859     173,830  
    65 AMERICAN TOWER CORP   PURCHASE 2010-05   2,528 1,765     763  
    565 BANK OF AMERICA 1990-10 PURCHASE 2010-05   8,469 2,539     5,930  
    45 CHARLES SCHWAB CORP.   PURCHASE 2010-05   721 539     182  
    127 CISCO SYSTEMS   PURCHASE 2010-05   2,918 2,437     481  
    22 COCA COLA   PURCHASE 2010-05   1,108 1,045     63  
    6 COSTCO WHOLESALE   PURCHASE 2010-05   336 279     57  
    5 CR BARD INC.   PURCHASE 2010-05   395 377     18  
    55 CROWN CASTLE INTL   PURCHASE 2010-05   1,946 702     1,244  
    13 DANAHER CORP   PURCHASE 2010-05   1,005 1,023     -18  
    1 GOOGLE INC.   PURCHASE 2010-05   471 387     84  
    283 IBM   PURCHASE 2010-05   34,690 6,450     28,240  
    31 KRAFT FOODS   PURCHASE 2010-05   868 928     -60  
    43 MERCK & CO.   PURCHASE 2010-05   1,353 2,256     -903  
    119 MICROSOFT CORP.   PURCHASE 2010-05   3,065 2,987     78  
    20 PRAXAIR INC.   PURCHASE 2010-05   1,498 1,513     -15  
    43 TARGET INC.   PURCHASE 2010-05   2,316 2,198     118  
    26 THERMO FISHER SCIENTIFIC 2009-05 PURCHASE 2010-05   1,300 1,002     298  
    20 UNITED TECHNOLOGIES CORP   PURCHASE 2010-05   1,307 1,134     173  
    30 VIACOM INC.   PURCHASE 2010-05   952 1,224     -272  
    10 VISA INC.   PURCHASE 2010-05   728 588     140  
    71 WESTERN UNION   PURCHASE 2010-05   1,093 1,293     -200  
    65 AMERICAN TOWER CORP   PURCHASE 2010-06   2,760 1,765     995  
    565 BANK OF AMERICA 1990-10 PURCHASE 2010-06   8,904 2,539     6,365  
    127 CISCO SYSTEMS   PURCHASE 2010-06   3,007 2,437     570  
    22 COCA COLA   PURCHASE 2010-06   1,158 1,045     113  
    5 CR BARD INC.   PURCHASE 2010-06   406 377     29  
    55 CROWN CASTLE INTL   PURCHASE 2010-06   2,067 702     1,365  
    13 DANAHER CORP   PURCHASE 2010-06   1,059 1,023     36  
    242.805 IBM   PURCHASE 2010-06   31,073 5,534     25,539  
    31 KRAFT FOODS   PURCHASE 2010-06   905 928     -23  
    43 MERCK & CO.   PURCHASE 2010-06   1,474 2,256     -782  
    119 MICROSOFT CORP.   PURCHASE 2010-06   3,193 2,987     206  
    1 PRAXAIR INC.   PURCHASE 2010-06   76 76        
    43 TARGET INC.   PURCHASE 2010-06   2,343 2,198     145  
    26 THERMO FISHER SCIENTIFIC 2009-05 PURCHASE 2010-06   1,354 1,002     352  
    20 UNITED TECHNOLOGIES CORP   PURCHASE 2010-06   1,356 1,134     222  
    30 VIACOM INC.   PURCHASE 2010-06   1,009 1,224     -215  
    10 VISA INC.   PURCHASE 2010-06   729 588     141  
    71 WESTERN UNION   PURCHASE 2010-06   1,143 1,293     -150  
    2 BED BATH & BEYOND 2010-03 PURCHASE 2010-05   88 85     3  
    4 BROADCOM 2009-06 PURCHASE 2010-05   128 50     78  
    4 ECOLAB INC. 2010-01 PURCHASE 2010-05   190 185     5  
    4 EXPRESS SCRIPTS 2009-07 PURCHASE 2010-05   411 161     250  
    1 NETAPP INC. 2010-04 PURCHASE 2010-05   34 35     -1  
    4 NIKE INC. 2009-10 PURCHASE 2010-05   291 261     30  
    7 OCCIDENTAL PETROLEUM 2009-09 PURCHASE 2010-05   559 537     22  
    2 PEOPLES UNITED FINANCIAL 2009-07 PURCHASE 2010-05   29 31     -2  
    5 STAPLES INC. 2009-07 PURCHASE 2010-05   110 104     6  
    6 XILINX INC. 2010-01 PURCHASE 2010-05   144 148     -4  
    16 APPLE INC. 2009-06 PURCHASE 2010-05   4,019 2,319     1,700  
    23 AVON PRODUCTS 2009-12 PURCHASE 2010-05   636 737     -101  
    43 BAXTER INTL 2009-06 PURCHASE 2010-05   1,865 2,426     -561  
    102 BED BATH & BEYOND   PURCHASE 2010-05   4,425 4,446     -21  
    198 BIOGEN IDEC   PURCHASE 2010-05   10,042 9,668     374  
    360 BROADCOM   PURCHASE 2010-05   11,488 9,405     2,083  
    6 CME GROUP 2009-08 PURCHASE 2010-05   1,849 1,624     225  
    162 ECOLAB INC. 2010-02 PURCHASE 2010-05   7,733 7,143     590  
    84 EXPRESS SCRIPTS 2009-07 PURCHASE 2010-05   8,727 5,642     3,085  
    15 GILEAD SCIENCES 2009-06 PURCHASE 2010-05   575 671     -96  
    94 HALLIBURTON CO. 2009-08 PURCHASE 2010-05   2,586 2,358     228  
    57 JOHNSON & JOHNSON 2009-07 PURCHASE 2010-05   3,591 2,899     692  
    54 JOHNSON & JOHNSON 2009-12 PURCHASE 2010-05   3,402 2,746     656  
    138 JP MORGAN CHASE 2009-10 PURCHASE 2010-05   5,353 5,931     -578  
    18 LOWES COMPANIES 2009-08 PURCHASE 2010-05   440 374     66  
    30 MASTERCARD INC. 2010-02 PURCHASE 2010-05   5,938 6,860     -922  
    42 MCDONALDS 2009-07 PURCHASE 2010-05   2,941 2,568     373  
    189 MORGAN STANLEY 2009-06 PURCHASE 2010-05   5,029 5,253     -224  
    54 NETAPP INC. 2010-04 PURCHASE 2010-05   1,810 1,907     -97  
    150 NIKE INC. 2009-11 PURCHASE 2010-05   10,953 9,787     1,166  
    137 NORTHERN TRUST 2009-10 PURCHASE 2010-05   7,226 7,060     166  
    54 OCCIDENTAL PETROLEUM 2009-09 PURCHASE 2010-05   4,368 4,227     141  
    36 OCCIDENTAL PETROLEUM 2009-12 PURCHASE 2010-05   2,912 2,818     94  
    18 OCCIDENTAL PETROLEUM 2009-12 PURCHASE 2010-05   1,456 1,409     47  
    45 ORACLE CORP. 2009-06 PURCHASE 2010-05   1,054 942     112  
    372 PEOPLES UNITED FINANCIAL 2009-07 PURCHASE 2010-05   5,449 6,114     -665  
    34 PEPSICO INC. 2009-10 PURCHASE 2010-05   2,263 2,103     160  
    7 PROCTOR & GAMBLE 2009-06 PURCHASE 2010-05   443 362     81  
    37 QUALCOMM 2009-08 PURCHASE 2010-05   1,356 1,617     -261  
    72 QUALCOMM 2009-09 PURCHASE 2010-05   2,638 3,147     -509  
    5 SCHLUMBERGER LTD. 2009-08 PURCHASE 2010-05   319 289     30  
    180 SOUTHWESTERN ENERGY 2010-03 PURCHASE 2010-05   6,898 7,195     -297  
    120 ST. JUDE MEDICAL 2009-07 PURCHASE 2010-05   4,619 4,247     372  
    456 STAPLES INC. 2009-07 PURCHASE 2010-05   9,971 10,048     -77  
    1 TEVA PHARMACEUTICAL 2009-11 PURCHASE 2010-05   55 52     3  
    372 XILINX INC. 2010-01 PURCHASE 2010-05   8,935 9,265     -330  
    0.816 IBM 2010-03 PURCHASE 2010-05   102 103     -1  
    20 APPLE INC. 2009-07 PURCHASE 2010-05   4,797 2,899     1,898  
    54 AVON PRODUCTS 2010-04 PURCHASE 2010-05   1,384 1,731     -347  
    56 BAXTER INTL   PURCHASE 2010-05   2,316 3,159     -843  
    17 BED BATH & BEYOND 2010-04 PURCHASE 2010-05   733 741     -8  
    33 BIOGEN IDEC 2009-12 PURCHASE 2010-05   1,575 1,611     -36  
    60 BROADCOM   PURCHASE 2010-05   1,891 1,568     323  
    33 CHARLES SCHWAB CORP. 2009-09 PURCHASE 2010-05   529 597     -68  
    5 CME GROUP 2009-09 PURCHASE 2010-05   1,551 1,353     198  
    33 COSTCO WHOLESALE 2009-07 PURCHASE 2010-05   1,847 1,815     32  
    27 ECOLAB INC. 2010-02 PURCHASE 2010-05   1,233 1,190     43  
    14 EXPRESS SCRIPTS 2009-08 PURCHASE 2010-05   1,377 940     437  
    43 GILEAD SCIENCES   PURCHASE 2010-05   1,544 1,924     -380  
    2 GOOGLE INC. 2010-01 PURCHASE 2010-05   942 1,080     -138  
    60 HALLIBURTON CO. 2009-12 PURCHASE 2010-05   1,504 1,505     -1  
    54 JOHNSON & JOHNSON 2009-12 PURCHASE 2010-05   3,218 2,746     472  
    23 JP MORGAN CHASE 2009-12 PURCHASE 2010-05   875 989     -114  
    87 LOWES COMPANIES 2009-08 PURCHASE 2010-05   2,087 1,808     279  
    5 MASTERCARD INC. 2010-02 PURCHASE 2010-05   1,030 1,143     -113  
    26 MCDONALDS 2009-11 PURCHASE 2010-05   1,736 1,590     146  
    38 MORGAN STANLEY 2009-07 PURCHASE 2010-05   965 1,056     -91  
    9 NETAPP INC. 2010-04 PURCHASE 2010-05   292 318     -26  
    25 NIKE INC. 2009-12 PURCHASE 2010-05   1,779 1,631     148  
    32 NORTHERN TRUST 2009-11 PURCHASE 2010-05   1,603 1,649     -46  
    18 OCCIDENTAL PETROLEUM 2009-12 PURCHASE 2010-05   1,386 1,409     -23  
    130 ORACLE CORP. 2009-08 PURCHASE 2010-05   2,834 2,721     113  
    62 PEOPLES UNITED FINANCIAL 2009-08 PURCHASE 2010-05   872 1,019     -147  
    55 PEPSICO INC. 2009-10 PURCHASE 2010-05   3,415 3,402     13  
    53 PROCTOR & GAMBLE 2009-06 PURCHASE 2010-05   3,202 2,740     462  
    72 QUALCOMM 2009-09 PURCHASE 2010-05   2,521 3,147     -626  
    47 SCHLUMBERGER LTD. 2010-02 PURCHASE 2010-05   2,679 2,713     -34  
    30 SOUTHWESTERN ENERGY 2010-04 PURCHASE 2010-05   1,068 1,199     -131  
    43 ST. JUDE MEDICAL 2009-10 PURCHASE 2010-05   1,574 1,522     52  
    76 STAPLES INC. 2009-08 PURCHASE 2010-05   1,604 1,675     -71  
    15 TEVA PHARMACEUTICAL 2009-11 PURCHASE 2010-05   828 776     52  
    62 XILINX INC. 2010-02 PURCHASE 2010-05   1,440 1,544     -104  
    20 APPLE INC.   PURCHASE 2010-06   5,253 2,899     2,354  
    54 AVON PRODUCTS 2010-04 PURCHASE 2010-06   1,415 1,731     -316  
    56 BAXTER INTL   PURCHASE 2010-06   2,360 3,159     -799  
    17 BED BATH & BEYOND 2010-04 PURCHASE 2010-06   766 741     25  
    33 BIOGEN IDEC 2009-12 PURCHASE 2010-06   1,624 1,611     13  
    60 BROADCOM   PURCHASE 2010-06   2,116 1,568     548  
    78 CHARLES SCHWAB CORP. 2009-09 PURCHASE 2010-06   1,299 1,411     -112  
    5 CME GROUP 2009-09 PURCHASE 2010-06   1,615 1,353     262  
    39 COSTCO WHOLESALE 2009-12 PURCHASE 2010-06   2,257 2,146     111  
    27 ECOLAB INC. 2010-02 PURCHASE 2010-06   1,282 1,191     91  
    14 EXPRESS SCRIPTS 2009-08 PURCHASE 2010-06   1,446 940     506  
    43 GILEAD SCIENCES 2010-01 PURCHASE 2010-06   1,540 1,924     -384  
    3 GOOGLE INC. 2010-01 PURCHASE 2010-06   1,521 1,621     -100  
    60 HALLIBURTON CO. 2009-12 PURCHASE 2010-06   1,412 1,505     -93  
    40.195 IBM   PURCHASE 2010-06   5,144 4,826     318  
    54 JOHNSON & JOHNSON 2009-12 PURCHASE 2010-06   3,231 2,746     485  
    23 JP MORGAN CHASE 2009-12 PURCHASE 2010-06   899 989     -90  
    87 LOWES COMPANIES 2009-09 PURCHASE 2010-06   2,113 1,808     305  
    5 MASTERCARD INC. 2010-02 PURCHASE 2010-06   1,014 1,143     -129  
    26 MCDONALDS 2009-11 PURCHASE 2010-06   1,762 1,590     172  
    38 MORGAN STANLEY 2009-07 PURCHASE 2010-06   1,018 1,056     -38  
    9 NETAPP INC. 2010-04 PURCHASE 2010-06   350 318     32  
    25 NIKE INC. 2009-12 PURCHASE 2010-06   1,840 1,631     209  
    32 NORTHERN TRUST 2009-12 PURCHASE 2010-06   1,629 1,649     -20  
    18 OCCIDENTAL PETROLEUM 2009-12 PURCHASE 2010-06   1,487 1,409     78  
    130 ORACLE CORP. 2009-10 PURCHASE 2010-06   2,964 2,721     243  
    62 PEOPLES UNITED FINANCIAL 2009-08 PURCHASE 2010-06   864 1,019     -155  
    55 PEPSICO INC. 2009-11 PURCHASE 2010-06   3,483 3,402     81  
    19 PRAXAIR INC. 2009-07 PURCHASE 2010-06   1,447 1,393     54  
    53 PROCTOR & GAMBLE 2009-07 PURCHASE 2010-06   3,277 2,740     537  
    72 QUALCOMM 2010-02 PURCHASE 2010-06   2,621 3,147     -526  
    47 SCHLUMBERGER LTD. 2010-02 PURCHASE 2010-06   2,642 2,713     -71  
    30 SOUTHWESTERN ENERGY 2010-04 PURCHASE 2010-06   1,263 1,199     64  
    43 ST. JUDE MEDICAL 2009-10 PURCHASE 2010-06   1,631 1,522     109  
    76 STAPLES INC. 2010-01 PURCHASE 2010-06   1,663 1,675     -12  
    15 TEVA PHARMACEUTICAL 2009-11 PURCHASE 2010-06   821 776     45  
    62 XILINX INC. 2010-02 PURCHASE 2010-06   1,552 1,544     8  
    1910 ISHARES RUSSELL 2000 INDEX FUND 2010-05 PURCHASE 2010-07   122,018 125,726     -3,708  
    1156 SPDR S&P 500 EFT TRUST SPDR 2010-05 PURCHASE 2010-07   123,788 125,779     -1,991  
    3983 AMEX UTILS SELECT INDEX MKT 2010-07 PURCHASE 2010-08   121,659 124,217     -2,558  
    3052 AMEX UTILS SELECT INDEX MKT 2010-07 PURCHASE 2010-08   93,222 93,448     -226  
    995 AMEX UTILS SELECT INDEX MKT 2010-07 PURCHASE 2010-08   30,392 30,253     139  
    0.514 IBM 2010-06 PURCHASE 2010-09   68 67     1  
    1 SPDR GOLD 2010-11 PURCHASE 2010-12   134 137     -3  
    1562 SPDR GOLD TRUST EFT 2010-10 PURCHASE 2010-12   208,547 209,405     -858  
    DLJAMG PTSP   PURCHASE 2010-12   21,597 136,123     -114,526  
    OCM MEZZANINE PTSP   PURCHASE 2010-12   7,052 47,115     -40,063  
    BOSTON MILLENIUM PTSP   PURCHASE 2010-12   194,204 486,021     -291,817  
    GS LARGE CAP   PURCHASE 2010-05   7,794       7,794  
    GL LARGE CAP   PURCHASE 2010-05   5,431       5,431  

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    O W CASPERSEN FOUNDATION FOR AID TO
    HEALTH & EDUCATION INC
    EIN: 51-0101350
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BANK OF AMERICA    
    INTERNATIONAL BUSINESS MACHINES 1,424 1,614
    PEAPACK GLADSTONE BANK 2,021 1,465
    SEACOAST BANK    
    DLJ CBO FUND 1,475,069  
    GOLDMAN SACHS EQUITY ACCOUNT    
    GS CORE PLUS RE INC FD 102,058 108,998
    DLJ MEZZANINE PARTNERS    
    OCM MEZZANINE FD CL A    
    BOSTON MILLENIA FUND    

    TY 2010 OtherExpensesSchedule
    Name:
    O W CASPERSEN FOUNDATION FOR AID TO
    HEALTH & EDUCATION INC
    EIN: 51-0101350
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    MISCELLANEOUS 35 35    
    INVESTMENT EXPENSES 3,691 3,691    
    K-1 DEDUCTIONS RELATED TO POR 19,079 19,079    


    TY 2010 OtherIncomeSchedule2
    Name:
    O W CASPERSEN FOUNDATION FOR AID TO
    HEALTH & EDUCATION INC
    EIN: 51-0101350
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 MISC. INCOME (LOSS) 42,007 42,007  
    SUNDRY 498 498  
    NT INCOME 4,711 4,711  


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    O W CASPERSEN FOUNDATION FOR AID TO
    HEALTH & EDUCATION INC
    EIN: 51-0101350
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT OTHER PROFESSIONAL FEES 50,000 50,000    


    TY 2010 TaxesSchedule
    Name:
    O W CASPERSEN FOUNDATION FOR AID TO
    HEALTH & EDUCATION INC
    EIN: 51-0101350
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX WITHHELD 9