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
QUIMBY FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 148   Room/suite
City or town, state, and ZIP code
PORTLAND, ME041120148
A Employer identification number

20-0041017
B Telephone number (see page 10 of the instructions)

(207) 963-2022
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$18,202,936
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 258,567 258,567  
4 Dividends and interest from securities...... 207,133 207,133  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 280,531
b Gross sales price for all assets on line 6a 8,618,067
7 Capital gain net income (from Part IV, line 2)... 280,531
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........ 746,231 746,231  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 17,500 0   17,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 10,136 0   10,136
b Accounting fees (attach schedule)....... 7,895 0   7,895
c Other professional fees (attach schedule).... 83,229 83,229   0
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) 5,903 203   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 15,195 0   15,195
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 4,412 2,736   1,676
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 144,270 86,168   52,402
25 Contributions, gifts, grants paid........ 1,600,625 1,600,625
26 Total expenses and disbursements. Add lines 24 and 25 1,744,895 86,168   1,653,027
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -998,664
b Net investment income (if negative, enter -0-) 660,063
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............... 31,489 28,387 28,387
2 Savings and temporary cash investments.......... 918,031 362,601 362,601
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 1,067,092 Click to see attachment618,807 599,934
b Investments—corporate stock (attach schedule)........ 5,229,075 Click to see attachment5,575,586 6,511,315
c Investments—corporate bonds (attach schedule)........ 8,369,773 Click to see attachment8,731,415 8,969,912
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 3,075,000 Click to see attachment2,375,000 1,730,787
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) 18,690,460 17,691,796 18,202,936
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 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......... 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 18,690,460 17,691,796
30 Total net assets or fund balances (see page 17 of the
instructions).................... 18,690,460 17,691,796
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 18,690,460 17,691,796
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 18,690,460
2 Enter amount from Part I, line 27a...................... 2 -998,664
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 17,691,796
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 17,691,796
Form 990-PF (2010)
Form 990-PF (2010)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b) How acquired
P—Purchase
D—Donation
(c) Date acquired
(mo., day, yr.)
(d) Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a 8,618,067   8,337,536 280,531
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       280,531
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 280,531
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2009 829,254 16,897,526 0.049075
2008 677,951 19,085,386 0.035522
2007 515,559 13,856,943 0.037206
2006 547,364 12,037,560 0.045471
2005 517,270 11,419,117 0.045299
2 Total of line 1, column (d) ...................... 2 0.212573
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 0.042515
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 17,866,259
5 Multiply line 4 by line 3....................... 5 759,584
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 6,601
7 Add lines 5 and 6......................... 7 766,185
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,653,027
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 6,601
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 0
3 Add lines 1 and 2............................ 3 6,601
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 6,601
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 7,362
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 7,362
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 761
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet761 Refunded Bullet 11 0
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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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)bulletME
    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 addressbulletWWW.QUIMBYFAMILYFOUNDATION.ORG
    14
    The books are in care ofbulletDANIEL P DOIRON CPA Telephone no.bullet (207) 772-1981
    Located atbullet130 MIDDLE STREETPORTLANDME ZIP+4bullet04112
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    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
    ROXANNE QUIMBY PRESIDENT & DIRECTOR
    15.00
    0 0 0
    PO BOX 148
    PORTLAND,ME041120148
    HANNAH QUIMBY SECRETARY & DIRECTOR
    25.00
    2,500 0 0
    PO BOX 148
    PORTLAND,ME041120148
    LUCAS ST CLAIR DIRECTOR
    4.00
    2,500 0 0
    PO BOX 148
    PORTLAND,ME041120148
    LIANE JUDD DIRECTOR
    4.00
    2,500 0 0
    PO BOX 148
    PORTLAND,ME041120148
    ANDRES VERZOSA DIRECTOR
    4.00
    2,500 0 0
    PO BOX 148
    PORTLAND,ME041120148
    REBECCA RUNDQUIST DIRECTOR
    8.00
    2,500 0 0
    PO BOX 148
    PORTLAND,ME041120148
    DICK ANDERSON DIRECTOR
    4.00
    2,500 0 0
    PO BOX 148
    PORTLAND,ME041120148
    WALTER A ANDERSON DIRECTOR
    4.00
    2,500 0 0
    PO BOX 148
    PORTLAND,ME041120148
    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 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
    GOLDMAN SACHS INVESTMENT MNGMT & ADVICE 83,229
    125 HIGH STREET 17TH FLOOR
    BOSTON,MA02110
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet0
    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
    17,859,358
    b
    Average of monthly cash balances.......................
    1b
    278,976
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,138,334
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d..........................
    3
    18,138,334
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    272,075
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    17,866,259
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    893,313
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    893,313
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    6,601
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,601
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    886,712
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    886,712
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    886,712
    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
    1,653,027
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    1,653,027
    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
    6,601
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    1,646,426
    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 7 886,712
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 799,016
    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: bullet$ 1,653,027
    a Applied to 2009, but not more than line 2a 799,016
    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..... 854,011
    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 ..........
    32,701
    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)
    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).)
    ROXANNE QUIMBY
    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:
    QUIMBY FAMILY FOUNDATION
    PO BOX 148
    PORTLAND,ME041120148
    (207) 963-2022
    bThe form in which applications should be submitted and information and materials they should include:
    GO TO WWW.QUIMBYFAMILYFOUNDATION.ORG
    cAny submission deadlines:
    GO TO WWW.QUIMBYFAMILYFOUNDATION.ORG
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    GO TO WWW.QUIMBYFAMILYFOUNDATION.ORG
    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
    ANDROSCOGGIN RIVER ALLIANCE
    PO BOX 177
    LEWISTON,ME04240
    N/A PUBLIC CHARITY FUND FREE THE ANDROSCOGGIN PROJECT 15,000
    APPALACHIAN TRAIL CONSERVANCY
    PO BOX 807
    HARPERS FERRY,WV25425
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 29,000
    BLUE HILL CONSOLIDATED SCHOOL
    60 HIGH STREET
    BLUE HILL,ME046145932
    N/A PUBLIC CHARITY BLUE HILL SCHOOL GARDENING PROGRAM 8,100
    BOWDOIN INTERNATIONAL MUSIC FESTIVAL
    6300 COLLEGE STATION
    BRUNSWICK,ME040118463
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 10,000
    CAMDEN INTERNATIONAL FILM FESTIVAL
    POBOX 836
    CAMDEN,ME04843
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 7,500
    CATHEDRAL SCHOOL
    14 LOCUST STREET
    PORTLAND,ME041013100
    N/A PUBLIC CHARITY SOUND AND LIGHTING IMPROVEMENTS FOR THE GUILD HALL STAGE 25,000
    CENTER FOR FURNITURE CRAFTSMANSHIP
    25 MILL STREET
    ROCKPORT,ME048564842
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 5,000
    CENTER FOR MAINE CONTEMPORARY ART
    162 RUSSELL AVENUE
    ROCKPORT,ME04856
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 35,000
    CENTER FOR WILDLIFE
    385 MOUNTAIN ROAD
    YORK,ME03909
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 5,000
    CENTER THEATRE FOR THE PERFORMING ARTS
    PO BOX 441
    DOVERFOXCROFT,ME04426
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 20,000
    CHILDREN'S MUSEUM & THEATRE OF MAINE
    142 FREE STREET
    PORTLAND,ME04101
    N/A PUBLIC CHARITY FUND THE GROWING KIDS GREENHOUSE 15,000
    COLLEGE OF THE ATLANTIC
    105 EDEN STREET
    BAR HARBOR,ME04609
    N/A PUBLIC CHARITY SCHOLARSHIP SUPPORT 17,000
    CULTURAL RESOURCES
    PO BOX 1175
    ROCKPORT,ME04856
    N/A PUBLIC CHARITY ARTISTS OF THE FOREST EXHIBIT 8,000
    DENMARK ARTS CENTER
    50 WEST MAIN STREET
    DENMARK,ME04022
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 4,000
    ENGINE
    41 FRANKLIN STREET 1
    BIDDEFORD,ME04005
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 30,000
    FERRY BEACH ECOLOGY SCHOOL
    8 MORRIS AVE 1
    SACO,ME040722314
    N/A PUBLIC CHARITY FUND THE SCIENCE & ECOLOGY: LIVE & UNPLUGGED 20,000
    FIVE RIVERS ARTS ALLIANCE
    108 MAINE STREET
    BRUNSWICK,ME040112013
    N/A PUBLIC CHARITY FUND MAINE ARTWALKS 5,000
    FOXCROFT ACADEMY MUSIC BOOSTERS
    PO BOX 284
    DOVERFOXCROFT,ME044260284
    N/A PUBLIC CHARITY FUND A YEAR OF THE MUSIC MENTORSHIP PROGRAM 5,000
    FRIENDS OF BAXTER STATE PARK
    PO BOX 1442
    BANGOR,ME04402
    N/A PUBLIC CHARITY STUDENT WILDERNESS CAMPING PROJECT 15,000
    FRIENDS OF COBBOSSEE WATERSHED
    PO BOX 5003
    AUGUSTA,ME043325003
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 6,125
    FRIENDS OF DEERING OAKS
    49 AUSTIN STREET
    PORTLAND,ME04103
    N/A PUBLIC CHARITY FUND THE SEASONAL LIGHTING DISPLAY 5,000
    FRIENDS OF EVERGREEN
    PO BOX 3508
    PORTLAND,ME04104
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 20,000
    FRIENDS OF ST LAWRENCE
    66 CONGRESS STREET
    PORTLAND,ME04101
    N/A PUBLIC CHARITY FUND A FULL-TIME DEVELOPMENT DIRECTOR 40,000
    FRIENDS OF THE EASTERN PROMENADE
    PO BOX 16025
    PORTLAND,ME04101
    N/A PUBLIC CHARITY FUND THE LORING MEMORIAL TRAIL PROJECT 18,800
    FRIENDS SCHOOL OF PORTLAND
    1 MACKWORTH ISLAND
    FALMOUTH,ME04105
    N/A PUBLIC CHARITY EXPAND THE GARDEN PROJECT 9,000
    GEOLOGY DEP UNIVERSITY OF MAINE AT FARMINGTON
    224 MAIN STREET
    FARMINGTON,ME049381911
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 20,000
    GOULD ACADEMY
    PO BOX 860
    BETHEL,ME04217
    N/A PUBLIC CHARITY FUND LONG TERM ARTIST RESIDENCE 11,000
    GUITAR DOORS
    PO BOX 884
    GORHAM,ME04038
    N/A PUBLIC CHARITY FUND THE 12 BAR BLUES PROJECT 10,000
    HARLOW GALLERYKENNEBEC VALLEY ART ASSOCIATION
    160 WATER STREET
    HALLOWELL,ME043471315
    N/A PUBLIC CHARITY FUND STAFF SUPPORT 10,000
    HAYSTACK MOUNTAIN SCHOOL OF CRAFTS
    PO BOX 518
    DEER ISLE,ME04627
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 15,000
    HEART OF MAINE RC&D KNEADING CONFERENCE
    1423 BROADWAY
    BANGOR,ME04401
    N/A PUBLIC CHARITY FUND WOOD FIRED OVEN PURCHASE 48,000
    HUDSON MUSEUM
    5746 COLLINS CENTER FOR THE ARTS
    ORONO,ME044695746
    N/A PUBLIC CHARITY CREATE A FIELDTRIP FUND 15,000
    ISLAND ASTRONOMY INSTITUTE
    PO BOX 249
    BERNARD,ME04612
    N/A PUBLIC CHARITY FUND ADDITIONAL STAFF 26,000
    JOHNSON HALL PERFORMING ARTS CENTER
    PO BOX 777
    GARDINER,ME04345
    N/A PUBLIC CHARITY FUND TESS AFTER-SCHOOL THEATRE/ART PROGRAM 15,000
    KENNEBEC MESSALONSKEE TRAILS
    PO BOX 2388
    WATERVILLE,ME04903
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 9,000
    KITCHEN GARDENERS INTERNATIONAL
    3 POWERHORN DRIVE
    SCARBOROUGH,ME04074
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 30,000
    LA ARTS
    221 LISBON STREET
    LEWISTON,ME04240
    N/A PUBLIC CHARITY ARTS-IN-EDUCATION PROGRAMMING FOR THE 2010-2011 SCHOOL YEAR 25,000
    MAHOOSUC LAND TRUST
    PO BOX 981 18 MAYWILLE ROAD
    BETHEL,ME04217
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 17,000
    MAINE APPALACHIAN TRAIL CLUB INC
    PO BOX 283
    AUGUSTA,ME043320283
    N/A PUBLIC CHARITY FUND CARETAKER/RIDGERUNNERS PROGRAM 15,000
    MAINE AUDUBON
    20 GILSLAND FARM ROAD
    FALMOUTH,ME04105
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 30,000
    MAINE CHAPTER INT'L APPALACHIAN TRAIL
    PO BOX 916
    GARDINER,ME04345
    N/A PUBLIC CHARITY TRAVEL COSTS FOR EXPLORATORY MEETINGS 6,000
    MAINE COUNCIL-ATLANTIC SALMON FEDERATION
    14 MAINE STREET 308
    BRUNSWICK,ME04011
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 30,000
    MAINE DISCOVERY MUSEUM
    74 MAIN STREET
    BANGOR,ME044016304
    N/A PUBLIC CHARITY FUND THE ART IN THE HEART OF DOWNTOWN PROJECT 7,500
    MAINE FIBERARTS
    13 MAIN STREET
    TOPSHAM,ME040861219
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 25,000
    MAINE HUTS AND TRAILS
    375 N STREET
    KINDFIELD,ME04947
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 50,000
    MAINE ISLAND TRAIL ASSOCIATION
    58 FORE STREET SUITE 30-3
    PORTLAND,ME04101
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 15,000
    MAINE JEWISH FILM FESTIVAL
    PO BOX 7465
    PORTLAND,ME04112
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 5,000
    MAINE MEDIA WORKSHOPS
    PO BOX 200 70 CAMDEN STREET
    ROCKPORT,ME04856
    N/A PUBLIC CHARITY SUPPORT THE MAINE YOUTH SCHOLARSHIP FUND 20,000
    MAINE ORGANIC FARMERS AND GARDENERS ASSOCIATION
    PO BOX 170 CROSBY BROOK ROAD
    UNITY,ME04988
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 22,500
    MAINE RIVERS
    PO BOX 782
    YARMOUTH,ME04096
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 32,000
    MAINE VOLUNTEER LAKE MONITORING PROGRAM
    24 MAPLE HILL ROAD
    AUBURN,ME04210
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 10,000
    MCLAUGHLIN GARDEN
    97 MAIN STREET
    SOUTH PARIS,ME04281
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 10,000
    MERRYMEETING ARTS CENTER
    9 MAIN STREET
    BOWDOINHAM,ME04008
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 17,000
    NASSON COMMUNITY CENTERLITTLE THEATRE
    457 MAIN STREET
    SPRINGVALE,ME04083
    N/A PUBLIC CHARITY FUND A SOUND SYSTEM 17,000
    NEW ENGLAND SCHOOL OF METALWORK
    7 ALBISTON WAY
    AUBURN,ME042104869
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 20,000
    NEW SURRY THEATRE
    PO BOX 1597
    BLUE HILL,ME04614
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 7,200
    OGUNQUIT MUSEUM OF ART
    543 SHORE ROAD
    QGUNQUIT,ME039073923
    N/A PUBLIC CHARITY FUND FACILITY UPGRADES 40,000
    PARTNERS IN ISLAND EDUCATION
    PO BOX 664
    VINALHAVEN,ME04863
    N/A PUBLIC CHARITY FUND ARTS PROGRAMS FOR THE YOUTH 6,000
    PATTEN LUMBERMAN'S MUSEUM
    PO BOX 300 61 SHIN POND ROAD
    PATTEN,ME04765
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 15,000
    PENOBSCOT RIVER RESTORATION TRUST
    PO BOX 5695
    AUGUSTA,ME04332
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 50,000
    PIERRE MONTEUX SCHOOL FOR CONDUCTORS
    42 MELODY LANE
    HANCOCK,ME046400457
    N/A PUBLIC CHARITY FUND PROGRAM FEES FOR CONDUCTORS AND INSTRUMENTALISTS 20,400
    PORTLAND ARTS AND CULTURE ALLIANCE
    549 CONGRESS STREET
    PORTLAND,ME04101
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 20,000
    PORTLAND BALLET
    517 FOREST AVENUE SUITE 2
    PORTLAND,ME04101
    N/A PUBLIC CHARITY SUPPORT INFRASTRUCTURE & EQUIPMENT UPGRADES 5,000
    PORTLAND NORTH LAND TRUST
    225 COMMERCIAL STREET SUITE 401D
    PORTLAND,ME04101
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 10,000
    PORTLAND SYMPHONY ORCHESTRA
    PO BOX 3573 50 MONUMENT SQUARE 2ND
    FLOOR
    PORTLAND,ME04101
    N/A PUBLIC CHARITY SUPPORT DIGITAL MEDIA INITIATIVE 25,000
    PRESUMPSCOT REGIONAL LAND TRUST
    PO BOX 33
    GORHAM,ME04038
    N/A PUBLIC CHARITY FUND TRAIL SYSTEM 8,000
    RESTORE THE NORTH WOODS
    9 UNION STREET 4
    HALLOWELL,ME043471365
    N/A PUBLIC CHARITY SUPPORT MAINE ENVIRONMENTAL NEWS 7,500
    RIPPLE EFFECT
    PO BOX 441
    PORTLAND,ME04112
    N/A PUBLIC CHARITY FUND COW ISLAND CONSERVATION CORPS 25,000
    RIVER ARTS INC
    170 MAIN STREET
    DAMARISCOTTA,ME04543
    N/A PUBLIC CHARITY PROGRAMMING SUPPORT 20,000
    RUFUS PORTER MUSEUM INC
    67 NORTH HIGH STREET
    BRIDGTON,ME040091111
    N/A PUBLIC CHARITY SUPPORT EDUCATION IN THE TRADITIONAL ARTS 15,000
    SCHOODIC INT'L SCULPTURE MUSEUM
    PO BOX 22
    STEUBEN,ME04680
    N/A PUBLIC CHARITY ENLARGE UPON THE POTENTIAL OF THE SCULPTURE TRAIL MAP 15,000
    SCHOOL GROUND GREENING COALITION
    305 COMMERCIAL STREET
    PORTLAND,ME04101
    N/A PUBLIC CHARITY BRING NATURE TO SPACES WHERE CHILDREN LEARN AND PLAY 20,000
    SPACE GALLERY
    538 CONGRESS STREET
    PORTLAND,ME04101
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 30,000
    ST JOHN VALLEY SOIL & WATER CONS DIST
    139 MARKET STREET SUITE 106
    FORT KENT,ME04743
    N/A PUBLIC CHARITY ESTABLISH A FOOD SUSTAINABILITY EDUCATION CAMPAIGN 5,000
    SUSAN L CURTIS CENTER
    1321 WASHINGTON AVE SUITE 104
    PORTLAND,ME04103
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 15,000
    THE BAY SCHOOL
    PO BOX 950 SOUTH STREET
    BLUE HILL,ME04614
    N/A PUBLIC CHARITY FUND A FARMER TEACHING POSITION 11,200
    THE GOOD LIFE CENTER
    372 HARBORSIDE ROAD
    HARBORSIDE,ME046423011
    N/A PUBLIC CHARITY FUND FARM MANAGER/GARDENER POSITIONS 15,000
    THE GRAND AUDITORIUM OF HANCOCK COUNTY
    165 MAIN STREET
    ELLSWORTH,ME04605
    N/A PUBLIC CHARITY FUND PART-TIME DEVELOPMENT DIRECTOR, PURCHASE SOFTWARE & COMPUTER 20,000
    THE MUSEUM OF AFRICAN CULTURE
    13 BROWN STREET
    PORTLAND,ME04101
    N/A PUBLIC CHARITY FUND EXECUTIVE DIRECTOR AND ADMINISTRATIVE ASSISTANT POSITION 30,000
    THE READFIELD UNION MEETING HOUSE
    CHURCH ROAD
    READFIELD,ME04355
    N/A PUBLIC CHARITY FUND RESTORATION ON THE UNION MEETING HOUSE 12,000
    THE SALT INSTITUTE OF DOCUMENTARY STUDIES
    PO BOX 7800
    PORTLAND,ME04112
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 25,000
    TIDES INSTITUTE AND MUSEUM OF ART
    43 WATER STREET
    EASTPORT,ME04631
    N/A PUBLIC CHARITY SUPPORT ARTS/PLACE INIATIVE 30,000
    TRAILS END FESTIVAL
    1029 CENTRAL STREET PO BOX 426
    MILLINOCKET,ME04462
    N/A PUBLIC CHARITY PARTIALLY FUND THE THIRD ANNUAL TRAILS END FESTIVAL 5,000
    TWO ROADS MAINE
    PO BOX 415
    FREEPORT,ME04032
    N/A PUBLIC CHARITY FUND TWO 4 DAY PROGRAMS TO EIGHT MAINE RESIDENTS 12,800
    UNIVERSITY OF MAINE PRESS
    126A COLLEGE AVENUE
    ORONO,ME04473
    N/A PUBLIC CHARITY FUND EDITORIAL AND PRINTING SERVICES FOR THE PUBLICATION OF A NEW BOOK 50,000
    WABANAKI VISION
    10 WABANAKI WAY
    INDIAN ISLAND,ME04468
    N/A PUBLIC CHARITY FUND START UP COSTS 5,000
    WASHINGTON HANCOCK COMMUNITY AGENCY
    PO BOX 229 248 BUCKSPORT ROAD
    ELLSWORTH,ME04605
    N/A PUBLIC CHARITY OPERATIONAL SUPPORT 10,000
    WATERSHED CENTER FOR THE CERAMIC ARTS
    19 BRICK HILL ROAD
    NEWCASTLE,ME045533901
    N/A PUBLIC CHARITY ASSIST BUILDING/MAINTENANCE UPGRADES 15,000
    WAYSIDE THEATRE
    7853 MAIN STREET PO BOX 260
    MIDDLETOWN,VA22645
    N/A PUBLIC CHARITY BUILDING UPGRADES 5,000
    WINTERGREEN ARTS CENTER
    PO BOX 1252
    PRESQUE ISLE,ME04769
    N/A PUBLIC CHARITY SUPPORT CAPITAL CAMPAIGN 35,000
    Total .................................bullet 3a 1,600,625
    bApproved for future payment
    Total ..................................bullet 3b 0
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 258,567  
    4 Dividends and interest from securities....     14 207,133  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 280,531  
    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).. 0 746,231 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    13746,231
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 AccountingFeesSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTANT FEES 7,895 0   7,895

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CAISSE D'AMORTISSEMENT DE LA D 5.375% 07/17/2012 SR LIEN 272,500 273,134
    COUNCIL OF EUROPE DEVELOPMENT 4.25% 04/22/2013 USD 261,238 274,244
    EIB 4.875% 01/17/2017 JJ SR LIEN 262,895 284,162
    FFCB 4.875000% 12/16/2015 JD 302,992 309,683
    FHLB 4.875% 06/13/2014 JD 136,641 156,536
    FHLB 4.875% 11/18/2011 MN 531,420 522,346
    FHLB 4.875% 12/13/2013 JD 188,343 210,715
    FHLB 5.0% 11/17/2017 MN 260,603 284,965
    FHLB 5.25% 09/13/2013 MS 121,667 135,287
    FHLB 5.625% 03/14/2036 MS 27,049 28,562
    FHLMC 1.75% 09/10/2015 MS 109,685 108,716
    FHLMC 4.75% 11/17/2015 MN 330,429 337,808
    FHLMC 5.5% 08/23/2017 FA 140,550 153,204
    FHLMC MTN 4.875% 06/13/2018 JD 326,109 336,233
    FNMA 4.625% 10/15/2014 AO SER BENCHMAR SR LIEN 329,109 336,598
    FNMA GLOBAL 4.375000% 03/15/2013 MS 407,411 408,901
    GOLDMAN SACHS HIGH YIELD INSTL MUTUAL FUND CLASS I 207,387 237,096
    GS INVESTMENT GRADE CREDIT SEPARATE A/C INST MUTUAL FUND 819,711 805,385
    GS MORTGAGES SEPARATE A/C INST MUTUAL FUND 1,489,363 1,521,184
    KFW 5.125% 03/14/2016 MS 241,313 257,317
    LANDWIRTSCHAFTLICHE RENTENBANK CPN 4.3750 01/15/2013 265,000 277,057
    THE GOLDMAN SACHS GROUP, INC. LINKED TO MSCI EAFE 0% COUPON DUE 12/31/2012 S 850,000 839,633
    THE GOLDMAN SACHS GROUP, INC. LINKED TO S&P 500 0% COUPON DUE 01/14/2013 STR 850,000 871,146

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ADOBE SYSTEMS INC CMN 22,725 24,839
    AFLAC INCORPORATED CMN 33,480 44,354
    ALLSTATE CORPORATION COMMON STOCK 17,398 18,427
    AMERICAN ELECTRIC POWER INC CMN 35,273 38,283
    AMERICAN TOWER CORPORATION CMN CLASS A 91,971 124,143
    APPLE, INC. CMN 95,345 173,215
    ARCHER DANIELS MIDLAND CO CMN 25,529 28,817
    AVON PRODUCTS INC. CMN 62,868 63,322
    BANK OF AMERICA CORP CMN 71,956 82,628
    BAXTER INTERNATIONAL INC CMN 67,019 65,199
    BAXTER INTERNATIONAL INC CMN 79,130 77,246
    BIOGEN IDEC INC. CMN 39,335 55,115
    BMC SOFTWARE INC. CMN 16,855 21,260
    BOEING COMPANY CMN 37,526 44,377
    BROADCOM CORP CL-A CMN CLASS A 32,949 49,647
    CB RICHARD ELLIS GROUP, INC. CMN CLASS A 38,802 72,335
    CBS CORPORATION CMN CLASS B 35,272 41,339
    CHARLES SCHWAB CORPORATION CMN 45,940 42,467
    CISCO SYSTEMS, INC. CMN 110,868 91,116
    CME GROUP INC. CMN CLASS A 93,642 113,900
    COMCAST CORPORATION CMN CLASS A VOTING 50,670 62,065
    COSTCO WHOLESALE CORPORATION CMN 72,172 100,083
    CROWN CASTLE INTL CORP COMMON STOCK 50,162 66,578
    CVS CAREMARK CORPORATION CMN 37,947 38,977
    DISH NETWORK CORPORATION CMN CLASS A 36,448 44,412
    DOW CHEMICAL CO CMN 44,376 57,014
    EMC CORPORATION MASS CMN 46,129 52,624
    EMERSON ELECTRIC CO. CMN 15,678 20,867
    ENTERGY CORPORATION CMN 51,684 40,161
    EQUINIX INC CMN 40,804 46,968
    EVEREST RE GROUP LTD CMN 34,537 37,745
    FORD MOTOR COMPANY CMN 17,605 38,617
    FRANKLIN RESOURCES INC CMN 23,255 34,030
    FREEPORT-MCMORAN COPPER & GOLD CMN 24,713 31,343
    GENERAL ELECTRIC CO CMN 100,226 110,764
    GENERAL MILLS INC CMN 57,059 59,720
    GENERAL MOTORS COMPANY CMN 25,231 26,171
    GILEAD SCIENCES CMN 40,002 32,109
    GOLDMAN SACHS SMALL CAP VALUE CLASS I 384,631 451,057
    GOLDMAN SACHS SMALL/MID CAP GROWTH FUND - INSTL SHARES 365,666 456,886
    GOOGLE, INC. CMN CLASS A 24,084 26,135
    HALLIBURTON COMPANY CMN 54,095 76,475
    HARTFORD FINANCIAL SRVCS GROUP CMN 29,851 30,596
    HONEYWELL INTL INC CMN 45,651 64,696
    ILLINOIS TOOL WORKS CMN 17,280 21,894
    INVESCO LTD. CMN 31,121 34,911
    JOHNSON & JOHNSON CMN 61,805 66,303
    JOHNSON CONTROLS INC CMN 21,175 31,324
    JPMORGAN CHASE & CO CMN 122,370 123,018
    KOHL'S CORP (WISCONSIN) CMN 19,721 20,214
    LAZARD EMERGING MARKETS EQUITY PORTFOLIO INSTL SHARES 339,092 355,809
    LOWES COMPANIES INC CMN 83,189 103,530
    LYONDELLBASELL INDUSTRIES N.V. CMN CLASS A 21,184 25,834
    MARSH & MCLENNAN CO INC CMN 15,854 18,619
    MASTERCARD INCORPORATED CMN CLASS A 67,859 69,922
    MERCK & CO., INC. CMN 72,996 72,008
    MICROSOFT CORPORATION CMN 74,369 77,422
    NEWELL RUBBERMAID INC CMN 22,976 26,925
    NEWFIELD EXPLORATION CO. CMN 46,265 71,822
    NEXTERA ENERGY INC CMN 18,779 17,625
    NIKE CLASS-B CMN CLASS B 53,142 68,849
    NORTHERN TRUST CORP CMN 48,624 52,085
    OCCIDENTAL PETROLEUM CORP CMN 78,888 111,638
    OCCIDENTAL PETROLEUM CORP CMN 34,451 43,066
    ORACLE CORPORATION CMN 13,608 17,497
    ORACLE CORPORATION CMN 62,535 95,590
    P G & E CORPORATION CMN 51,865 53,676
    PEPSICO INC CMN 45,042 47,299
    PEPSICO INC CMN 92,420 97,015
    PNC FINANCIAL SERVICES GROUP CMN 42,110 46,997
    POLO RALPH LAUREN CORPORATION CLASS A COMMON STOCK 15,129 17,636
    PRAXAIR, INC CMN SERIES 37,461 42,580
    PROCTER & GAMBLE COMPANY (THE) CMN 23,184 24,638
    PROCTER & GAMBLE COMPANY (THE) CMN 52,478 63,687
    PRUDENTIAL FINANCIAL INC CMN 47,597 58,240
    QUALCOMM INC CMN 117,821 140,651
    RANGE RESOURCES CORPORATION CMN 20,870 20,511
    SCHLUMBERGER LTD CMN 30,941 37,241
    SCHLUMBERGER LTD CMN 106,118 156,312
    SLM CORPORATION CMN 42,504 43,070
    SOUTHWESTERN ENERGY CO. CMN 63,097 62,620
    SPRINT NEXTEL CORPORATION CMN 59,054 42,672
    ST JUDE MEDICAL INC CMN 70,913 84,602
    STAPLES, INC. CMN 93,469 94,723
    STATE STREET CORPORATION (NEW) CMN 27,149 31,326
    SUNTRUST BANKS INC $1.00 PAR CMN 38,796 42,996
    TEVA PHARMACEUTICAL IND LTD ADS 50,334 51,817
    TEVA PHARMACEUTICAL IND LTD ADS 49,386 52,756
    TEXAS INSTRUMENTS INC. CMN 17,179 23,205
    THE BANK OF NY MELLON CORP CMN 18,583 20,415
    THE TRAVELERS COMPANIES, INC CMN 27,691 36,936
    THERMO FISHER SCIENTIFIC INC CMN 53,200 71,636
    U.S. BANCORP CMN 63,274 70,554
    UNILEVER N.V. NY SHS (NEW) ADR CMN 17,670 22,074
    WEATHERFORD INTERNATIONAL LTD CMN 26,812 26,972
    WELLPOINT, INC. CMN 54,358 51,401
    XILINX INCORPORATED CMN 65,239 71,030

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    US Government Securities - End of Year Book Value:

    618,807
    US Government Securities - End of Year Fair Market Value:

    599,934
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2010 InvestmentsOtherSchedule2
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NON-US EQUITY MANAGERS: PORTFOLIO 1 OFFSHORE L.P. AT COST 2,375,000 1,730,787

    TY 2010 LegalFeesSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 10,136 0   10,136


    TY 2010 OtherExpensesSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS EXPENSE 1,676 0   1,676
    OTHER INVESTMENT EXPENSES 2,736 2,736   0


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 83,229 83,229   0


    TY 2010 TaxesSchedule
    Name:
    QUIMBY FAMILY FOUNDATION
    EIN: 20-0041017
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 203 203   0
    FEDERAL ESTIMATE TAXES PAID 5,700 0   0