TY 2010 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

OMB No. 1545-0052

2010

For calendar year 2010, or tax year beginning 01-01-2010 , and ending 12-31-2010

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

Amended returnAddress changeName change

Name of foundation
THE REDWALL FOUNDATION INC
C/O FORRESTER RESEARCH INC

Number and street (or P.O. box number if mail is not delivered to street address)60 ACORN PARK DRIVE Room/suite

City or town, state, and ZIP code
CAMBRIDGE, MA02140

A Employer identification number

16-1712932

B Telephone number (see page 10 of the instructions)

(617) 613-6488

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

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

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

$5,049,272J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	5,005,163
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	2,456		2,456
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		2
b	Gross sales price for all assets on line 6a 2
7	Capital gain net income (from Part IV, line 2)...			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).......
12	Total. Add lines 1 through 11........	5,007,621		2,458
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		1,500	0	0
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		3	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		50	0	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,553		0	0
25	Contributions, gifts, grants paid........	2,200			2,200
26	Total expenses and disbursements. Add lines 24 and 25	3,753		0	2,200
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	5,003,868
b	Net investment income (if negative, enter -0-)			2,458
c	Adjusted net income (if negative, enter -0-)...

For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.

Cat. No. 11289X Form 990-PF (2010)

Form 990-PF (2010)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	42,538	41,243	41,243
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	0	2,070,181	5,008,029
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	42,538	2,111,424	5,049,272
	17	Accounts payable and accrued expenses..........
	18	Grants payable...................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........	0	0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	0	0
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	42,538	2,111,424
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	42,538	2,111,424
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	42,538	2,111,424

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	42,538
2	Enter amount from Part I, line 27a......................	2	5,003,868
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	5,046,406
5	Decreases not included in line 2 (itemize)	5	2,934,982
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30..	6	2,111,424

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
1 a	CAPITAL GAINS DIVIDENDS	P
b
c
d
e

(e) Gross sales price		(h) Gain or (loss) (e) plus (f) minus (g)
a	2	2
b
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			2
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	2
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2009	2,397	45,215	0.053013
2008	0	46,506	0.0
2007	4,974	50,792	0.097929
2006	2,476	51,242	0.048320
2005	0	50,376	0.0

2	Total of line 1, column (d) ......................	2	0.199262
3	Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years. . .	3	0.039852
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	177,004
5	Multiply line 4 by line 3.......................	5	7,054
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	25
7	Add lines 5 and 6.........................	7	7,079
8	Enter qualifying distributions from Part XII, line 4..............	8	2,200
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions on page 18.

Form 990-PF (2010)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	49
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	49
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	49
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	0
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	49
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

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

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.

Yes

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

instructions) bullet

If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on

page 27)? If “Yes,” complete Part XIV...........................

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

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

GEORGE F COLONY Telephone no. bullet

(617) 613-6488

Located at bullet

60 ACORN PARK DRIVECAMBRIDGEMA ZIP+4 bullet

02140

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

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

At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over

a bank, securities, or other financial account in a foreign country? .................

See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet

Form 990-PF (2010)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check “No”

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2010?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2010, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2010?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........

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

20, 20, 20, 20

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

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

If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2010.)....................

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

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

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

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

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...YesNo

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

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

If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?

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

If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

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

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

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

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

If “Yes” to 6b, file Form 8870.

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

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

Form 990-PF (2010)

Page 6

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
GEORGE F COLONY	PRESIDENT, DIRECTOR 0.00	0	0	0
463 STRAWBERRY HILL ROAD CONCORD,MA01742	PRESIDENT, DIRECTOR 0.00	0	0	0
ANN B COLONY	TREASURER, CLERK, DIRECTOR 0.00	0	0	0
463 STRAWBERRY HILL ROAD CONCORD,MA01742	TREASURER, CLERK, DIRECTOR 0.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions). If none, enter “NONE.”
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
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)

Page 7

Part IX-B

Summary of Program-Related Investments (see page 23 of the instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See page 24 of the instructions.
3

Total. Add lines 1 through 3........................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see page 24 of the instructions.)

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

purposes:

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

137,206

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

42,494

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

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

179,700

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

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

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

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

179,700

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

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

2,696

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

177,004

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

8,850

Part XI

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

and do not complete this part.)

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

8,850

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

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

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

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

8,801

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

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

8,801

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

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

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

8,801

Part XII

Qualifying Distributions (see page 25 of the instructions)

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

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

2,200

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

2,200

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............

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

2,200

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2010)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

	(a) Corpus	(b) Years prior to 2009	(c) 2009	(d) 2010
1 Distributable amount for 2010 from Part XI, line 7				8,801
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......			2,183
b Total for prior years:20, 20, 20		0
3 Excess distributions carryover, if any, to 2010:
a From 2005.......
b From 2006.......
c From 2007.......
d From 2008.......
e From 2009.......
fTotal of lines 3a through e.........	0
4Qualifying distributions for 2010 from Part
XII, line 4: $ 2,200
a Applied to 2009, but not more than line 2a			2,183
b Applied to undistributed income of prior years (Election required—see page 26 of the instructions)		0
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...	0
d Applied to 2010 distributable amount.....				17
e Remaining amount distributed out of corpus	0
5 Excess distributions carryover applied to 2010.	0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5	0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........		0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......		0
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...		0
e Undistributed income for 2009. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........			0
f Undistributed income for 2010. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........				8,784
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........	0
8Excess distributions carryover from 2005 not applied on line 5 or line 7 (see page 27 of the instructions) .............	0
9Excess distributions carryover to 2011. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2006....
b Excess from 2007....
c Excess from 2008....
d Excess from 2009....
e Excess from 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 section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2010	(b) 2009	(c) 2008	(d) 2007	(e) Total

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

Part XV

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

1Information Regarding Foundation Managers:

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

GEORGE F COLONY

ANN B COLONY

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

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

Check here bullet

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

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

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)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
HISTORIC HARRISVILLE INC PO BOX 79 HARRISVILLE,NH03450	NONE	501(C)(3)	PRESERVATION AND LAND CONSERVATION	2,200
Total ................................. 3a				2,200

bApproved for future payment

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

Form 990-PF (2010)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See page 28 of the instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments
4 Dividends and interest from securities....			14	2,456
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			14	2
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		2,458	0

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

132,458

(See worksheet in line 13 instructions on page 28 to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See page 28 of the instructions.)

Form 990-PF (2010)

Page 12

Part XVII

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

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

Yes

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

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If “Yes,” complete the following schedule.

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

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.

	Signature of officer or trustee	Date	Title

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

Form 990-PF (2010)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

OMB No. 1545-0047

2010

Name of organization

THE REDWALL FOUNDATION INC
C/O FORRESTER RESEARCH INC

Employer identification number

16-1712932

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II.

Special Rules

For a section 501(c)(3) organization filing Form 990 or 990-EZ, that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), and received from any one contributor, during the year, a contribution of the
greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ, that received from any one contributor,
during the year, aggregate contributions of more than $1,000 for use exclusively for religious, charitable,
scientific, literary, or educational purposes, or the prevention of cruelty to children or animals. Complete Parts I, II, and
III.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ, that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did
not aggregate to more than $1,000. If this box is checked, enter here the total contributions that were received during
the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or more
during the year. ......................... Arrow Bullet

Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

Name of organization THE REDWALL FOUNDATION INC C/O FORRESTER RESEARCH INC
Schedule B (Form 990, 990-EZ, or 990-PF) (2010) Page 1 of 1 of Part I
Part I	Contributors (see Instructions)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
1	GEORGE COLONY 463 STRAWBERRY HILL ROAD CONCORD, MA 01742	$5,005,163	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Name of organization THE REDWALL FOUNDATION INC C/O FORRESTER RESEARCH INC
Schedule B (Form 990, 990-EZ, or 990-PF) (2010) Page 1 of 1 of Part II
Part II	Noncash Property (see Instructions)
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
1	SHARES OF PUBLICLY TRADED SECURITIES	$5,005,163	2010-12-21
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Page 1 of 1 of Part III

Name of organization
THE REDWALL FOUNDATION INC
C/O FORRESTER RESEARCH INC

Employer identification number

16-1712932

Part III

Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2010 AccountingFeesSchedule

Name:

THE REDWALL FOUNDATION INC

C/O FORRESTER RESEARCH INC

EIN: 16-1712932

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	1,500	0		0

- TIN:

TY 2010 InvestmentsOtherSchedule2

Name:

THE REDWALL FOUNDATION INC

C/O FORRESTER RESEARCH INC

EIN: 16-1712932

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ABBOTT LABS	AT COST	19,699	28,746
ACCENTURE	AT COST	12,190	39,665
ACTIVISION BLIZZARD INC	AT COST	6,666	14,928
ADOBE SYS INC	AT COST	4,568	12,312
AES CORP	AT COST	8,896	16,443
AFLAC INC	AT COST	6,515	14,107
AGILENT TECHNOLOGIES INC	AT COST	5,589	16,572
AIR PROD & CHEMICALS INC	AT COST	13,448	29,559
ALLERGAN INC	AT COST	11,946	21,219
ALTERA CORP	AT COST	5,047	14,232
ALTRIA GROUP INC	AT COST	27,963	63,569
AMAZON COM INC	AT COST	8,348	21,960
AMERICAN ELEC PWR CO	AT COST	10,395	17,990
AMERICAN EXPRESS COMPANY	AT COST	15,849	32,319
AMERICAN TOWER CORP	AT COST	2,777	6,197
AMERIGROUP CORP	AT COST	1,942	4,831
AMERIPRISE FINANCIAL INC	AT COST	4,373	12,661
AMERISOURCEBERGEN CORP	AT COST	5,336	13,648
ANADARKO PETE CORP	AT COST	8,936	30,464
AOL INC	AT COST	0	1,162
AON CORP	AT COST	3,051	6,901
APPLE INC	AT COST	31,465	109,670
ARCHER DANIELS MIDLAND CO	AT COST	2,754	6,016
ARMSTRONG WORLD INDUSTRIES	AT COST	8,154	23,650
ARROW ELECTRONICS INC	AT COST	2,920	6,850
AT&T INC	AT COST	23,489	35,021
ATMEL CORP	AT COST	2,203	13,552
AUTOLIV INC	AT COST	4,040	15,788
AUTONATION INC	AT COST	3,251	8,460
AUTOZONE INC	AT COST	7,064	27,259
AVON PRODS INC	AT COST	11,468	23,248
B B &T CORPORATION	AT COST	2,802	4,180
BAXTER INTL INC	AT COST	15,358	30,372
BECKMAN COULTER INC	AT COST	2,974	7,523
BECTON DICKINSON & CO	AT COST	9,485	25,356
BED BATH & BEYOND INC	AT COST	5,260	11,157
BIOGEN IDEC INC	AT COST	10,551	21,121
BOEING CO	AT COST	26,065	56,711
BOSTON PROPERTIES INC	AT COST	16,747	38,745
BROADCOM CORP	AT COST	4,748	19,597
CA INC	AT COST	3,182	8,554
CAPITAL ONE FINL CORP	AT COST	9,877	29,792
CARMAX INC	AT COST	1,680	6,376
CARNIVAL CORP	AT COST	8,842	18,260
CATERPILLAR INC	AT COST	13,985	56,196
CBS CORP	AT COST	9,316	32,385
CELGENE CORP	AT COST	8,602	20,108
CENTERPOINT ENERGY INC	AT COST	2,547	6,288
CENTURYLINK INC	AT COST	0	14,082
CHARLES SCHWAB CORP	AT COST	1,769	3,490
CIGNA CORP	AT COST	9,762	21,996
CISCO SYS INC	AT COST	29,460	45,356
CITIGROUP INC	AT COST	10,771	14,857
CITRIX SYS INC	AT COST	2,211	7,457
CITY NATL CORP	AT COST	12,038	22,396
CMS ENERGY CORP	AT COST	5,744	10,621
CNA FINANCIAL CORP	AT COST	6,017	10,820
COCA COLA CO	AT COST	2,990	4,867
COGNIZANT TECHNOLOGY SOLUTIONS	AT COST	1,932	7,329
COMERICA INCORPORATED	AT COST	14,002	35,904
COOPER COMPANIES INC	AT COST	8,525	33,804
CORNING INC	AT COST	7,758	16,152
COSTCO WHSL CORP	AT COST	24,074	57,768
COVIDIEN PLC	AT COST	1,557	4,977
CRACKER BARREL OLD CTRYSTORE INC	AT COST	2,356	5,477
CROWN CASTLE INTL CORP	AT COST	13,122	33,793
CUMMINS INC	AT COST	9,903	42,574
CVS CAREMARK CORPORATION	AT COST	15,657	41,724
DANAHER CORP	AT COST	6,565	18,868
DARDEN RESTAURANTS	AT COST	1,950	4,644
DEERE & CO	AT COST	6,523	18,188
DELTA AIR LINES INC	AT COST	5,604	14,024
DIRECTV	AT COST	8,956	35,817
DISCOVER FINL SVCS	AT COST	7,930	20,383
DISCOVERY COMMUNICATIONS INC	AT COST	1,435	5,254
DISCOVERY COMMUNICATIONS INC	AT COST	1,210	4,623
DISNEY WALT CO	AT COST	26,151	55,515
DOW CHEM CO	AT COST	15,101	44,382
DUKE ENERGY CORP	AT COST	10,263	20,464
EATON CORP	AT COST	6,938	20,302
EBAY INC	AT COST	6,023	11,522
ECOLAB INC	AT COST	4,096	10,084
EDISON INTL	AT COST	1,530	3,860
EMC CORP	AT COST	16,086	54,044
EMERSON ELEC CO	AT COST	10,178	22,868
EXELON CORP	AT COST	12,275	20,820
FASTENAL CO	AT COST	3,791	11,982
FEDEX CORP	AT COST	3,523	6,325
FIFTH THIRD BANCORP	AT COST	6,174	20,552
FORD MTR CO	AT COST	11,313	44,493
FRANKLIN RES INC	AT COST	1,879	3,336
FREEPORT-MCMORAN COPPER & GOLD INC	AT COST	15,444	72,054
FULTON FINANCIAL CORP	AT COST	8,282	17,061
GANNETT CO INC	AT COST	6,221	25,653
GENERAL DYNAMICS CORP	AT COST	14,694	28,384
GENWORTH FINL INC	AT COST	4,523	8,869
GENZYME CORP COM	AT COST	5,950	14,240
GOLDMAN SACHS GROUP INC	AT COST	36,917	85,257
GOOGLE INC	AT COST	26,379	54,051
GRACO INC	AT COST	7,562	18,226
HALLIBURTON CO	AT COST	3,858	11,269
HARLEY DAVIDSON INC	AT COST	10,336	27,736
HARTFORD FINL SVCS GROUP INC	AT COST	9,075	19,867
HENRY JACK & ASSOC INC	AT COST	2,366	5,830
HOSPIRA INC	AT COST	1,727	4,177
INGERSOLL RAND CL A	AT COST	4,600	13,421
INTUIT	AT COST	8,332	22,284
ISHARES S&P SMALLCAP 600 INDEX ETF	AT COST	235,843	487,506
JOHNSON & JOHNSON	AT COST	1,465	2,041
JOHNSON CTLS INC COM	AT COST	8,039	22,920
JP MORGAN CHASE & CO	AT COST	66,767	119,115
JUNIPER NETWORKS INC	AT COST	2,466	5,796
KELLOGG CO	AT COST	8,283	13,843
KRAFT FOODS INC	AT COST	30,050	58,609
LABORATORY CORP AMER HLDGS	AT COST	4,710	17,584
LAM RESEARCH CORP	AT COST	2,808	10,356
LAS VEGAS SANDS CORP	AT COST	2,611	14,888
LEGG MASON INC	AT COST	9,585	18,135
LIBERTY GLOBAL INC	AT COST	5,917	13,657
LIBERTY GLOBAL INC	AT COST	1,354	3,389
LIBERTY MEDIA CORP	AT COST	8	63
LIBERTY MEDIA CORP	AT COST	6,475	27,597
LIBERTY MEDIA CORP	AT COST	623	2,659
LIFE TECHNOLOGIES CORP	AT COST	6,045	18,037
LOEWS CORP	AT COST	12,348	35,019
M & T BANK CORPORATION	AT COST	12,205	21,762
MACERICH CO	AT COST	8,391	28,422
MBIA INC	AT COST	3,302	9,664
MCAFEE INC	AT COST	6,760	18,524
MCKESSON CORP	AT COST	12,452	28,152
MEADWESTVACO CORP	AT COST	10,971	24,852
METLIFE INC	AT COST	6,652	11,643
MICROSOFT CORP	AT COST	19,975	44,656
MOLSON COORS BREWING CO	AT COST	5,288	10,038
MORGAN STANLEY	AT COST	6,252	10,367
MOTOROLA INC	AT COST	810	1,633
MYLAN INC	AT COST	8,216	18,489
NESTLE S A SPONSORED ADR	AT COST	9,877	22,027
NETAPP INC	AT COST	4,415	21,984
NEWFIELD EXPL CO	AT COST	8,969	28,844
NEWMONT MINING CORP	AT COST	735	1,781
NEWS CORP	AT COST	7,294	14,123
NEXTERA ENERGY INC	AT COST	10,310	18,196
NII HLDGS INC	AT COST	4,093	9,289
NOBLE CORPORATION	AT COST	8,446	19,316
NORDSTROM INC	AT COST	8,463	27,547
NORTHERN TR CORP COM	AT COST	12,516	22,164
PACCAR INC	AT COST	2,162	4,587
PARKER HANNIFIN CORP	AT COST	4,456	12,945
PEABODY ENERGY CORP	AT COST	443	1,152
PEPSICO INC	AT COST	27,941	46,384
PG&E CORP	AT COST	4,687	8,324
PIONEER NAT RES CO	AT COST	4,888	23,441
PNC FINL SERVICES GP INC	AT COST	15,402	33,335
POLARIS INDS INC	AT COST	6,163	16,774
PPL CORP	AT COST	15,620	25,004
PRAXAIR INC COM	AT COST	15,524	57,282
PRECISION CASTPARTS CORP	AT COST	11,280	27,842
PRUDENTIAL FINL INC	AT COST	11,726	24,071
QEP RES INC	AT COST	10,672	35,221
QUALCOMM INC	AT COST	7,744	29,941
QUEST DIAGNOSTICS INC COM	AT COST	6,407	10,794
QUESTAR CORP	AT COST	5,075	16,888
REINSURANCE GROUP AMER INC	AT COST	12,857	27,070
RENAISSANCERE HOLDING LTD	AT COST	4,503	8,280
REPUBLIC SERVICES INC	AT COST	14,294	36,937
ROCKWELL AUTOMATION INC	AT COST	9,982	28,684
ROCKWELL COLLINS INC	AT COST	2,108	5,826
SALESFORCE	AT COST	3,637	18,480
SCHEIN HENRY INC	AT COST	5,774	12,278
SEALED AIR CORP	AT COST	1,729	5,090
SEMPRA ENERGY	AT COST	2,513	5,248
SHERWIN WILLIAMS CO	AT COST	2,597	8,375
SIMON PPTY GROUP INC	AT COST	19,490	45,765
SOUTHWEST AIRLS CO	AT COST	5,207	10,241
SPRINT NEXTEL CORP	AT COST	3,515	6,523
ST JUDE MEDICAL INC	AT COST	3,643	8,550
STAPLES INC	AT COST	4,684	10,246
STARBUCKS CORP	AT COST	6,914	19,278
STARWOOD HOTELS & RESORTS WRLDWD	AT COST	10,376	42,546
STRYKER CORP	AT COST	5,634	10,740
SUNTRUST BANKS INC	AT COST	6,476	11,863
T ROWE PRICE GROUP INC COM	AT COST	1,501	6,454
TARGET CORP	AT COST	14,330	30,005
TEMPUR-PEDIC INTERNATIONAL	AT COST	2,272	9,214
TEXAS INSTRUMENTS INC	AT COST	22,749	48,750
THERMO FISHER SCIENTIFIC INC	AT COST	7,752	23,473
TIFFANY & CO	AT COST	4,854	12,454
TJX COS INC	AT COST	20,541	53,268
TORONTO DOMINION BK ONT	AT COST	5,772	10,478
TRAVELERS COMPANIES	AT COST	10,158	16,880
TYCO ELECTRONICS LTD	AT COST	1,597	4,425
TYCO INTERNATIONAL LTD	AT COST	605	1,409
UNION PAC CORP	AT COST	16,596	55,596
UNITED TECHNOLOGIES CORP COM	AT COST	39,935	99,660
UNITEDHEALTH GROUP INC	AT COST	12,876	24,266
VIACOM INC	AT COST	18,340	39,610
VIRGIN MEDIA INC	AT COST	5,393	16,344
VORNADO RLTY TR SH BEN INT	AT COST	437	1,000
WADDELL & REED FINANCIAL-A	AT COST	6,620	14,116
WALTER ENERGY INC	AT COST	2,208	12,784
WATERS CORP	AT COST	2,626	7,771
WATSON PHARMACEUTICALS INC COM	AT COST	4,992	10,330
WEBMD HEALTH CORP	AT COST	2,090	6,791
WELLPOINT INC	AT COST	6,386	11,372
WELLS FARGO & CO	AT COST	22,149	35,638
WESTERN UN CO	AT COST	9,600	18,570
XCEL ENERGY INC	AT COST	2,631	7,065
XILINX INC	AT COST	1,578	3,246
XL GROUP PLC	AT COST	6,910	18,547
YAHOO INC	AT COST	5,000	9,928

- TIN:

TY 2010 OtherDecreasesSchedule

Name:

THE REDWALL FOUNDATION INC

C/O FORRESTER RESEARCH INC

EIN: 16-1712932

Description	Amount
CONVERSION TO TAX BASIS	2,934,982

- TIN:

TY 2010 OtherExpensesSchedule

Name:

THE REDWALL FOUNDATION INC

C/O FORRESTER RESEARCH INC

EIN: 16-1712932

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FILING FEES	50	0		0

- TIN:

TY 2010 TaxesSchedule

Name:

THE REDWALL FOUNDATION INC

C/O FORRESTER RESEARCH INC

EIN: 16-1712932

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
US TREASURY	3	0		0