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
HARRY Z ISAACS FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)901 SOUTH BOND STREET Room/suite

City or town, state, and ZIP code
BALTIMORE, MD21231

A Employer identification number

52-1706022

B Telephone number (see page 10 of the instructions)

(410) 537-5404

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

$10,635,992J 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	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	35,017		35,017
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		45,059
b	Gross sales price for all assets on line 6a 892,773
7	Capital gain net income (from Part IV, line 2)...			45,059
8	Net short-term capital gain.........				13,973
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).......		1,992
12	Total. Add lines 1 through 11........	82,068		80,076	13,973
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......	345,295		0	0	345,295
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		21,944	21,719		225
17	Interest...............					0
18	Taxes (attach schedule) (see page 14 of the instructions)		802	802		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		806			806
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	368,847		22,521	0	346,326
25	Contributions, gifts, grants paid........	0				0
26	Total expenses and disbursements. Add lines 24 and 25	368,847		22,521	0	346,326
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-286,779
b	Net investment income (if negative, enter -0-)			57,555
c	Adjusted net income (if negative, enter -0-)...				13,973

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...............	24,298
	2	Savings and temporary cash investments..........	555,702	99,039	99,039
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	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 0
	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)........	1,674,305	1,580,760	1,979,356
	c	Investments—corporate bonds (attach schedule)........	540,602	557,699	595,394
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........			0
	14	Land, buildings, and equipment: basis 5,691,400
		Less: accumulated depreciation (attach schedule)	5,691,400	5,691,400	5,691,400
	15	Other assets (describe )	2,534,703	2,270,803	2,270,803
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	11,021,010	10,199,701	10,635,992
	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
		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.........	11,021,010	10,199,701
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	11,021,010	10,199,701
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	11,021,010	10,199,701

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	11,021,010
2	Enter amount from Part I, line 27a......................	2	-286,779
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	10,734,231
5	Decreases not included in line 2 (itemize)	5	534,530
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30..	6	10,199,701

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	79. ABB LTD SPON ADR	2009-09-25	2010-01-27
b	73. ABB LTD SPON ADR	2009-09-25	2010-04-16
c	70. ABB LTD SPON ADR	2010-04-26	2010-05-07
d	2. ABB LTD SPON ADR	2010-04-26	2010-11-04
e	58. ABB LTD SPON ADR	2009-09-25	2010-11-04
	56. ABB LTD SPON ADR	2009-09-25	2010-12-10
	66. ALBERTO CULVER CO	2009-10-02	2010-01-27
	51. ALBERTO CULVER CO	2009-03-17	2010-04-16
	44. ALBERTO CULVER CO	2009-03-11	2010-05-07
	93. ALBERTO CULVER CO	2009-03-11	2010-09-27
	96. ALBERTO CULVER CO	2009-02-26	2010-10-05
	50. ALBERTO CULVER CO	2009-02-26	2010-10-08
	11. ALBERTO CULVER CO	2009-02-26	2010-10-08
	60. ALBERTO CULVER CO	2009-03-26	2010-10-11
	60. ALBERTO CULVER CO	2009-03-26	2010-10-13
	86. ALBERTO CULVER CO	2009-04-27	2010-10-18
	25. ALLERGAN INC	2009-11-16	2010-01-27
	6. ALLERGAN INC	2006-08-09	2010-01-27
	30. ALLERGAN INC	2010-03-02	2010-04-16
	11. ALLERGAN INC	2010-02-25	2010-05-07
	13. ALLERGAN INC	2006-08-09	2010-05-07
	20. ALLERGAN INC	2006-08-09	2010-10-29
	20. ALLERGAN INC	2006-08-09	2010-11-04
	19. ALLERGAN INC	2006-06-14	2010-12-10
	37. AMETEK INC (NEW) COM	2007-03-20	2010-01-27
	29. AMETEK INC (NEW) COM	2007-03-20	2010-04-14
	26. AMETEK INC (NEW) COM	2007-03-20	2010-04-14
	20. AMETEK INC (NEW) COM	2007-03-20	2010-04-15
	15. AMETEK INC (NEW) COM	2007-03-20	2010-04-15
	2. AMETEK INC (NEW) COM	2009-07-28	2010-04-16
	35. AMETEK INC (NEW) COM	2007-03-20	2010-04-16
	32. AMETEK INC (NEW) COM	2009-07-28	2010-04-19
	20. AMETEK INC (NEW) COM	2009-07-28	2010-04-20
	15. AMETEK INC (NEW) COM	2009-07-28	2010-04-20
	28. AMETEK INC (NEW) COM	2009-07-31	2010-04-20
	51. AMETEK INC (NEW) COM	2009-07-31	2010-04-21
	40. AMETEK INC (NEW) COM	2008-12-03	2010-04-21
	52. AMPHENOL CORP - CL A	2010-04-21	2010-05-07
	24. AMPHENOL CORP - CL A	2010-04-21	2010-11-04
	23. AMPHENOL CORP - CL A	2010-04-21	2010-12-10
	15. ANSYS INC	2010-10-18	2010-11-04
	15. ANSYS INC	2010-11-30	2010-12-10
	15. APPLE COMPUTER INC.	2008-10-17	2010-01-27
	9. APPLE COMPUTER INC.	2008-10-10	2010-04-16
	4. APPLE COMPUTER INC.	2008-10-07	2010-04-26
	7. APPLE COMPUTER INC.	2008-10-07	2010-05-07
	7. APPLE COMPUTER INC.	2008-10-07	2010-11-04
	6. APPLE COMPUTER INC.	2008-10-07	2010-12-10
	25. BANK OF NEW YORK MELLON CORP	2008-09-17	2010-01-27
	32. BANK OF NEW YORK MELLON CORP	2008-09-17	2010-04-16
	27. BANK OF NEW YORK MELLON CORP	2004-01-09	2010-05-07
	37. BANK OF NEW YORK MELLON CORP	2001-10-08	2010-11-04
	34. BANK OF NEW YORK MELLON CORP	2001-10-08	2010-12-10
	410. IPATH DOW JONES UBS COMMODITY	2009-11-10	2010-11-19
	1225. IPATH DOW JONES UBS COMMODITY	2009-12-15	2010-11-19
	26. CANADIAN NATURAL RESOURCES LTD	2009-11-19	2010-01-27
	24. CANADIAN NATURAL RESOURCES LTD	2009-11-19	2010-04-16
	19. CANADIAN NATURAL RESOURCES LTD	2009-04-21	2010-05-07
	40. CANADIAN NATURAL RESOURCES LTD	2010-10-29	2010-11-04
	20. CANADIAN NATURAL RESOURCES LTD	2010-10-29	2010-12-10
	16. CANADIAN NATURAL RESOURCES LTD	2009-04-21	2010-12-10
	48. CANADIAN NATURAL RESOURCES LTD	2009-04-21	2010-12-31
	85. CISCO SYSTEMS	2008-10-24	2010-01-27
	31. CISCO SYSTEMS	2008-10-24	2010-02-16
	63. CISCO SYSTEMS	1998-09-18	2010-04-16
	53. CISCO SYSTEMS	1998-09-18	2010-05-07
	52. CISCO SYSTEMS	2010-09-03	2010-11-04
	55. CISCO SYSTEMS	2010-11-12	2010-12-10
	40. CITRIX SYSTEMS INC	2008-06-16	2010-01-27
	32. CITRIX SYSTEMS INC	2008-06-26	2010-01-28
	30. CITRIX SYSTEMS INC	2008-06-26	2010-04-16
	26. CITRIX SYSTEMS INC	2008-06-26	2010-05-07
	20. CITRIX SYSTEMS INC	2008-06-26	2010-08-05
	29. CITRIX SYSTEMS INC	2008-07-01	2010-09-03
	12. CITRIX SYSTEMS INC	2008-07-01	2010-10-19
	18. CITRIX SYSTEMS INC	2008-07-01	2010-11-04
	16. CITRIX SYSTEMS INC	2008-07-01	2010-12-10
	45. COACH INC	2010-01-20	2010-01-27
	7. COACH INC	2010-01-20	2010-04-16
	34. COACH INC	2008-04-02	2010-04-16
	34. COACH INC	2008-09-11	2010-05-07
	25. COACH INC	2008-09-11	2010-06-03
	28. COACH INC	2008-09-11	2010-11-04
	19. COACH INC	2008-09-11	2010-12-06
	19. COACH INC	2008-09-11	2010-12-07
	24. COACH INC	2008-09-11	2010-12-10
	35. COGNIZANT TECH SOLUTIONS CRP COM	2008-10-30	2010-01-27
	35. COGNIZANT TECH SOLUTIONS CRP COM	2008-10-30	2010-03-29
	26. COGNIZANT TECH SOLUTIONS CRP COM	2008-10-30	2010-04-16
	22. COGNIZANT TECH SOLUTIONS CRP COM	2008-10-22	2010-05-07
	17. COGNIZANT TECH SOLUTIONS CRP COM	2010-06-02	2010-08-05
	7. COGNIZANT TECH SOLUTIONS CRP COM	2010-06-02	2010-10-20
	7. COGNIZANT TECH SOLUTIONS CRP COM	2008-10-22	2010-10-20
	19. COGNIZANT TECH SOLUTIONS CRP COM	2008-10-22	2010-10-29
	17. COGNIZANT TECH SOLUTIONS CRP COM	2008-10-22	2010-11-04
	17. COGNIZANT TECH SOLUTIONS CRP COM	2008-12-05	2010-12-10
	50. COSTCO WHOLESALE CORPORATION	2009-05-29	2010-01-27
	21. COSTCO WHOLESALE CORPORATION	2009-05-29	2010-02-16
	28. COSTCO WHOLESALE CORPORATION	2009-05-29	2010-04-16
	24. COSTCO WHOLESALE CORPORATION	2009-05-29	2010-05-07
	21. COSTCO WHOLESALE CORPORATION	2009-05-29	2010-11-04
	14. COSTCO WHOLESALE CORPORATION	2009-05-29	2010-12-06
	14. COSTCO WHOLESALE CORPORATION	2009-05-29	2010-12-07
	18. COSTCO WHOLESALE CORPORATION	2009-05-29	2010-12-10
	34. COVANCE INC	2009-10-09	2010-01-27
	32. COVANCE INC	2010-03-02	2010-04-16
	27. COVANCE INC	2009-10-02	2010-05-07
	30. COVANCE INC	2009-10-30	2010-11-04
	29. COVANCE INC	2009-10-30	2010-12-10
	18. DANAHER CORP	2008-03-28	2010-01-27
	16. DANAHER CORP	2008-03-28	2010-04-16
	13. DANAHER CORP	2008-03-18	2010-05-07
	23. DANAHER CORP	2008-03-18	2010-11-04
	13. DANAHER CORP	2010-11-30	2010-12-10
	10. DANAHER CORP	2008-03-18	2010-12-10
	28. DAVITA INC	2010-01-11	2010-01-27
	25. DAVITA INC	2010-01-11	2010-04-16
	9. DAVITA INC	2010-01-08	2010-05-07
	12. DAVITA INC	2008-01-14	2010-05-07
	27. DAVITA INC	2008-01-14	2010-09-03
	16. DAVITA INC	2008-01-14	2010-11-04
	16. DAVITA INC	2008-01-14	2010-12-10
	27. FMC TECHNOLOGIES INC	2008-12-18	2010-01-27
	16. FMC TECHNOLOGIES INC	2005-11-18	2010-04-16
	14. FMC TECHNOLOGIES INC	2005-11-18	2010-05-07
	27. FMC TECHNOLOGIES INC	2010-05-10	2010-09-03
	18. FMC TECHNOLOGIES INC	2010-10-29	2010-11-04
	16. FMC TECHNOLOGIES INC	2010-10-29	2010-12-10
	7598.784 FEDERATED A R MS FUND #96 INSTL CL	2010-08-26	2010-10-04
	19. FLUOR CORP NEW COM	2010-11-22	2010-12-10
	4854.369 BROWN ADVISORY CORE INTERNATIONAL FUND INSTITUTIONAL SHARES	2004-12-07	2010-03-11
	3. GOOGLE INC CL A	2010-03-08	2010-04-16
	3. GOOGLE INC CL A	2010-03-08	2010-05-07
	3. GOOGLE INC CL A	2010-01-27	2010-11-04
	3. GOOGLE INC CL A	2010-04-26	2010-12-10
	56. IDEXX LABORATORIES CORP	2008-10-10	2010-01-08
	25. IDEXX LABORATORIES CORP	2008-10-10	2010-01-27
	22. IDEXX LABORATORIES CORP	2008-10-21	2010-04-16
	19. IDEXX LABORATORIES CORP	2009-03-18	2010-05-07
	16. IDEXX LABORATORIES CORP	2009-03-18	2010-11-04
	16. IDEXX LABORATORIES CORP	2009-03-17	2010-12-10
	8. INTUITIVE SURGICAL INC	2009-02-09	2010-01-08
	5. INTUITIVE SURGICAL INC	2009-01-08	2010-01-27
	5. INTUITIVE SURGICAL INC	2009-01-08	2010-02-04
	4. INTUITIVE SURGICAL INC	2009-01-08	2010-04-15
	4. INTUITIVE SURGICAL INC	2009-01-08	2010-04-16
	3. INTUITIVE SURGICAL INC	2009-01-08	2010-05-07
	4. INTUITIVE SURGICAL INC	2010-08-23	2010-11-04
	2.2664 INTUITIVE SURGICAL INC	2010-10-20	2010-12-10
	2.7336 INTUITIVE SURGICAL INC	2010-08-23	2010-12-10
	43. JACOBS ENGR GROUP INC	2009-04-27	2010-01-27
	37. JACOBS ENGR GROUP INC	2009-04-27	2010-04-16
	32. JACOBS ENGR GROUP INC	2009-05-04	2010-05-07
	28. JACOBS ENGR GROUP INC	2009-05-04	2010-11-04
	40. JACOBS ENGR GROUP INC	2009-05-04	2010-11-18
	16. JACOBS ENGR GROUP INC	2009-07-28	2010-11-18
	5. JACOBS ENGR GROUP INC	2009-07-28	2010-11-18
	20. JACOBS ENGR GROUP INC	2009-07-28	2010-11-19
	25. JACOBS ENGR GROUP INC	2009-07-28	2010-11-19
	1. JACOBS ENGR GROUP INC	2009-05-20	2010-11-19
	89. JACOBS ENGR GROUP INC	2009-11-18	2010-11-22
	26. JACOBS ENGR GROUP INC	2009-11-18	2010-11-22
	72. JACOBS ENGR GROUP INC	2009-12-02	2010-11-23
	11. JACOBS ENGR GROUP INC	2009-11-18	2010-11-23
	8. MASTERCARD INC	2008-09-25	2010-01-27
	7. MASTERCARD INC	2010-02-04	2010-04-16
	1. MASTERCARD INC	2008-09-25	2010-04-16
	6. MASTERCARD INC	2008-09-25	2010-05-07
	5. MASTERCARD INC	2010-05-24	2010-11-04
	1. MASTERCARD INC	2008-09-25	2010-11-04
	6. MASTERCARD INC	2008-09-25	2010-12-10
	24. MICROS SYSTEMS INC	2007-06-18	2010-01-27
	78. MICROS SYSTEMS INC	2007-06-18	2010-02-03
	14. MICROS SYSTEMS INC	2009-07-22	2010-02-03
	18. MICROS SYSTEMS INC	2007-06-18	2010-02-03
	59. MICROS SYSTEMS INC	2009-07-22	2010-02-04
	18. MICROS SYSTEMS INC	2008-10-30	2010-02-04
	23. MICROS SYSTEMS INC	2008-10-30	2010-02-04
	14. MICROS SYSTEMS INC	2008-10-30	2010-02-05
	26. MILLIPORE CORP.	2008-01-07	2010-01-27
	7. MILLIPORE CORP.	2007-08-01	2010-02-16
	6. MILLIPORE CORP.	2007-08-01	2010-02-16
	7. MILLIPORE CORP.	2008-02-14	2010-02-16
	107. MILLIPORE CORP.	2008-02-14	2010-02-22
	47. MILLIPORE CORP.	2006-11-13	2010-02-22
	56. MILLIPORE CORP.	2006-11-13	2010-03-01
	53. NETAPP INC	2008-07-01	2010-01-27
	44. NETAPP INC	2008-07-01	2010-04-16
	38. NETAPP INC	2008-07-01	2010-05-07
	86. NETAPP INC	2008-02-14	2010-05-27
	18. NETAPP INC	2008-02-14	2010-10-20
	24. NETAPP INC	2008-02-14	2010-11-04
	27. NETAPP INC	2008-02-14	2010-11-12
	21. NETAPP INC	2008-06-30	2010-12-10
	75. PETSMART INC	2007-07-24	2010-01-27
	4. PETSMART INC	2007-07-24	2010-03-08
	15. PETSMART INC	2007-07-24	2010-03-08
	46. PETSMART INC	2008-02-14	2010-03-08
	31. PETSMART INC	2008-02-14	2010-03-08
	14. PETSMART INC	2009-05-20	2010-04-16
	39. PETSMART INC	2008-02-14	2010-04-16
	45. PETSMART INC	2009-05-20	2010-05-07
	39. PETSMART INC	2009-10-09	2010-05-24
	36. PETSMART INC	2009-05-20	2010-05-24
	48. PETSMART INC	2009-10-09	2010-05-24
	24. PETSMART INC	2008-03-03	2010-05-24
	184. PETSMART INC	2008-03-03	2010-05-25
	14. PETSMART INC	2009-05-21	2010-05-25
	128. PETSMART INC	2009-05-21	2010-05-26
	3795.066 BROWN ADVISORY VALUE EQUITY FUND	2003-02-28	2010-05-07
	939.85 BROWN ADVISORY VALUE EQUITY FUND	2003-02-28	2010-09-15
	2994.012 BROWN ADVISORY VALUE EQUITY FUND	2003-02-28	2010-11-05
	2113.271 BROWN ADVISORY VALUE EQUITY FUND	2003-02-28	2010-12-10
	5736.981 BROWN ADVISORY INTERMED INCOME FUND	1997-07-15	2010-09-15
	2062.706 BROWN ADV SMALL CAP GROWTH FUND	2008-12-11	2010-04-16
	17672.61 BROWN ADVISORY CORE INTERNATIONAL FD CL I #1292	2008-12-11	2010-05-28
	7682.02 BROWN ADVISORY CORE INTERNATIONAL FD CL I #1292	2008-12-11	2010-05-28
	35. QUALCOMM CORP.	2009-08-31	2010-01-27
	40. QUALCOMM CORP.	2009-08-31	2010-04-16
	38. QUALCOMM CORP.	2009-08-31	2010-05-07
	32. QUALCOMM CORP.	2009-09-04	2010-11-04
	31. QUALCOMM CORP.	2009-09-04	2010-12-10
	25. ROPER INDUSTRIES INC NEW	2009-10-26	2010-01-27
	24. ROPER INDUSTRIES INC NEW	2009-10-26	2010-04-16
	4. ROPER INDUSTRIES INC NEW	2009-10-26	2010-05-07
	17. ROPER INDUSTRIES INC NEW	2008-10-20	2010-05-07
	17. ROPER INDUSTRIES INC NEW	2008-10-20	2010-11-04
	17. ROPER INDUSTRIES INC NEW	2008-10-20	2010-12-10
	21. SALESFORCE COM INC	2009-03-11	2010-01-27
	18. SALESFORCE COM INC	2009-02-10	2010-04-16
	18. SALESFORCE COM INC	2009-02-10	2010-04-26
	13. SALESFORCE COM INC	2009-02-10	2010-05-07
	22. SALESFORCE COM INC	2009-02-10	2010-05-10
	9. SALESFORCE COM INC	2009-02-10	2010-08-23
	7. SALESFORCE COM INC	2009-02-10	2010-10-19
	8. SALESFORCE COM INC	2009-02-10	2010-11-04
	27. SALESFORCE COM INC	2009-02-12	2010-11-30
	6. SALESFORCE COM INC	2009-02-12	2010-12-10
	4. SCHLUMBERGER LTD.	2009-03-17	2010-01-27
	25. SCHLUMBERGER LTD.	2003-08-11	2010-01-27
	24. SCHLUMBERGER LTD.	2003-08-11	2010-04-16
	21. SCHLUMBERGER LTD.	2003-08-11	2010-05-07
	15. SCHLUMBERGER LTD.	2003-08-11	2010-05-10
	19. SCHLUMBERGER LTD.	2010-09-03	2010-10-29
	21. SCHLUMBERGER LTD.	2010-09-03	2010-11-04
	19. SCHLUMBERGER LTD.	2010-09-03	2010-12-10
	2. SCHLUMBERGER LTD.	2010-09-03	2010-12-31
	19. SCHLUMBERGER LTD.	2003-08-11	2010-12-31
	69. CHARLES SCHWAB CORP.	2008-05-13	2010-01-27
	62. CHARLES SCHWAB CORP.	2008-05-13	2010-04-16
	53. CHARLES SCHWAB CORP.	2008-04-24	2010-05-07
	70. CHARLES SCHWAB CORP.	2008-07-01	2010-11-04
	66. CHARLES SCHWAB CORP.	2008-07-01	2010-12-10
	28. STERICYCLE INC	2010-03-02	2010-04-16
	24. STERICYCLE INC	2010-03-02	2010-05-07
	45. STERICYCLE INC	2010-02-25	2010-09-03
	17. STERICYCLE INC	2010-02-22	2010-11-04
	17. STERICYCLE INC	2010-02-04	2010-12-10
	75. TRIMBLE NAV LTD	2008-01-14	2010-01-27
	47. TRIMBLE NAV LTD	2008-02-07	2010-02-16
	50. TRIMBLE NAV LTD	2008-02-07	2010-04-16
	42. TRIMBLE NAV LTD	2008-01-22	2010-05-07
	41. TRIMBLE NAV LTD	2008-01-22	2010-05-10
	9. TRIMBLE NAV LTD	2008-01-22	2010-05-10
	15. TRIMBLE NAV LTD	2008-01-22	2010-07-13
	15. TRIMBLE NAV LTD	2008-01-22	2010-07-14
	13. TRIMBLE NAV LTD	2008-10-22	2010-07-15
	16. TRIMBLE NAV LTD	2008-10-22	2010-07-16
	16. TRIMBLE NAV LTD	2008-10-22	2010-07-19
	14. TRIMBLE NAV LTD	2008-10-22	2010-07-20
	29. TRIMBLE NAV LTD	2008-10-22	2010-07-21
	23. TRIMBLE NAV LTD	2009-01-16	2010-07-22
	35. TRIMBLE NAV LTD	2009-01-16	2010-07-29
	19. TRIMBLE NAV LTD	2009-01-16	2010-11-04
	17. TRIMBLE NAV LTD	2008-11-21	2010-12-10
	39. URBAN OUTFITTERS INC	2010-05-26	2010-11-04
	28. URBAN OUTFITTERS INC	2010-05-26	2010-12-06
	29. URBAN OUTFITTERS INC	2010-05-26	2010-12-07
	32. URBAN OUTFITTERS INC	2010-05-24	2010-12-10
	27. ACCENTURE PLC CL A	2009-12-31	2010-01-27
	34. ACCENTURE PLC CL A	2007-11-09	2010-01-27
	45. ACCENTURE PLC CL A	2007-11-09	2010-03-29
	49. ACCENTURE PLC CL A	2007-11-09	2010-04-16
	42. ACCENTURE PLC CL A	2007-11-09	2010-05-07
	94. ACCENTURE PLC CL A	2008-01-08	2010-06-02
	28. ACCENTURE PLC CL A	2008-01-08	2010-11-04
	27. ACCENTURE PLC CL A	2008-01-08	2010-12-10
	43. GENPACT LIMITED	2010-04-15	2010-04-16
	37. GENPACT LIMITED	2010-04-15	2010-05-07
	60. GENPACT LIMITED	2010-04-08	2010-11-04
	57. GENPACT LIMITED	2010-10-19	2010-12-10
	. PROCEEDS OF LITIGATION FROM AIG		2010-09-29
	. PROCEEDS OF LITIGATION FROM AIG		2010-12-16
	. LITIGATION PROCEEDS FORM AMERICA ON LINE INC.		2010-01-14
	. LITIGATION PROCEEDS FORM AMERICA ON LINE INC.		2010-02-19
	. PROCEEDS OF LITIGATION ON CARDINAL HEALTH		2010-11-24
	. PROCEEDS OF LITIGATION FROM QWEST COMMUNICATIONS		2010-04-09
	. PROCEEDS OF LITIGATION FROM QWEST COMMUNICATIONS		2010-04-15
	. PROCEEDS OF SEC SPECIALIST LITIGATION		2010-01-13
	. PROCEEDS OF LITIGATION FROM HEALTHSOUTH		2010-07-29
	. PROCEEDS OF LITIGATION FROM HEALTHSOUTH		2010-07-29

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,469	1,595	-126
b	1,615	1,474	141
c	1,224	1,457	-233
d	43	42	1
e	1,254	1,171	83
	1,159	1,130	29
	1,886	1,632	254
	1,416	1,138	278
	1,138	979	159
	3,496	2,058	1,438
	3,601	2,123	1,478
	1,881	1,106	775
	414	242	172
	2,249	1,312	937
	2,257	1,309	948
	3,229	1,847	1,382
	1,465	1,500	-35
	352	323	29
	1,860	1,796	64
	653	642	11
	771	700	71
	1,438	1,077	361
	1,463	1,046	417
	1,310	957	353
	1,331	1,288	43
	1,231	1,010	221
	1,103	905	198
	846	696	150
	635	522	113
	84	66	18
	1,466	1,219	247
	1,328	1,060	268
	835	663	172
	627	497	130
	1,171	920	251
	2,143	1,665	478
	1,681	1,303	378
	2,216	2,458	-242
	1,261	1,135	126
	1,226	1,083	143
	682	687	-5
	782	719	63
	3,044	1,450	1,594
	2,235	862	1,373
	1,076	378	698
	1,657	661	996
	2,225	661	1,564
	1,924	566	1,358
	735	842	-107
	991	1,071	-80
	813	891	-78
	964	1,138	-174
	986	1,045	-59
	17,955	16,421	1,534
	53,647	50,094	3,553
	1,688	1,735	-47
	1,821	1,193	628
	1,298	844	454
	1,564	1,448	116
	836	724	112
	669	355	314
	2,134	1,066	1,068
	1,940	1,420	520
	741	479	262
	1,712	959	753
	1,311	807	504
	1,255	1,094	161
	1,078	1,129	-51
	1,661	1,334	327
	1,357	1,018	339
	1,456	914	542
	1,139	792	347
	1,149	610	539
	1,801	866	935
	683	348	335
	1,183	522	661
	1,133	464	669
	1,571	1,601	-30
	297	249	48
	1,444	1,089	355
	1,314	1,048	266
	1,046	756	290
	1,459	847	612
	1,060	575	485
	1,070	575	495
	1,379	711	668
	1,588	667	921
	1,789	650	1,139
	1,387	472	915
	1,054	394	660
	1,033	845	188
	463	348	115
	463	125	338
	1,251	338	913
	1,089	299	790
	1,198	282	916
	2,870	2,401	469
	1,252	1,009	243
	1,659	1,345	314
	1,375	1,153	222
	1,376	1,004	372
	966	669	297
	974	669	305
	1,275	860	415
	1,989	1,897	92
	1,959	1,831	128
	1,439	1,409	30
	1,352	1,555	-203
	1,410	1,484	-74
	1,318	1,354	-36
	1,284	1,202	82
	1,040	975	65
	1,026	862	164
	596	560	36
	458	375	83
	1,693	1,708	-15
	1,609	1,522	87
	554	547	7
	739	714	25
	1,732	1,584	148
	1,147	939	208
	1,146	927	219
	1,437	566	871
	1,061	299	762
	832	262	570
	1,798	1,733	65
	1,385	1,308	77
	1,411	1,127	284
	74,772	75,000	-228
	1,184	1,106	78
	30,000	48,749	-18,749
	1,671	1,691	-20
	1,491	1,664	-173
	1,873	1,610	263
	1,778	1,606	172
	3,134	2,988	146
	1,417	1,060	357
	1,339	926	413
	1,186	668	518
	984	523	461
	1,106	521	585
	2,471	894	1,577
	1,692	528	1,164
	1,623	528	1,095
	1,557	423	1,134
	1,476	423	1,053
	975	309	666
	1,100	1,225	-125
	589	589
	711	774	-63
	1,675	1,981	-306
	1,732	1,705	27
	1,361	1,422	-61
	1,142	1,139	3
	1,635	1,621	14
	661	647	14
	207	202	5
	805	809	-4
	1,006	1,007	-1
	41	40	1
	3,506	3,508	-2
	1,017	1,015	2
	2,791	2,543	248
	426	429	-3
	2,012	1,572	440
	1,820	1,587	233
	260	196	64
	1,351	1,179	172
	1,265	1,074	191
	253	196	57
	1,517	1,179	338
	711	639	72
	2,270	2,073	197
	409	371	38
	526	478	48
	1,629	1,564	65
	497	328	169
	643	419	224
	374	255	119
	1,813	1,872	-59
	484	504	-20
	414	432	-18
	482	489	-7
	9,930	7,229	2,701
	4,026	3,123	903
	5,862	3,432	2,430
	1,613	1,170	443
	1,558	971	587
	1,205	838	367
	3,264	1,893	1,371
	939	395	544
	1,315	527	788
	1,465	593	872
	1,136	458	678
	1,963	2,453	-490
	119	131	-12
	444	491	-47
	1,376	1,414	-38
	918	735	183
	455	317	138
	1,269	924	345
	1,418	1,020	398
	1,245	872	373
	1,149	816	333
	1,541	1,073	468
	771	518	253
	5,692	3,896	1,796
	432	288	144
	3,983	2,450	1,533
	40,000	36,736	3,264
	10,000	9,098	902
	35,000	28,982	6,018
	25,000	20,456	4,544
	65,000	59,894	5,106
	25,000	13,879	11,121
	92,958	116,787	-23,829
	40,407	87,180	-46,773
	1,630	1,620	10
	1,692	1,852	-160
	1,380	1,759	-379
	1,548	1,467	81
	1,527	1,407	120
	1,254	1,298	-44
	1,459	1,246	213
	231	208	23
	981	758	223
	1,214	758	456
	1,317	758	559
	1,360	654	706
	1,517	499	1,018
	1,595	499	1,096
	1,016	360	656
	1,863	610	1,253
	1,009	249	760
	731	194	537
	913	222	691
	3,817	730	3,087
	896	159	737
	261	166	95
	1,630	585	1,045
	1,571	562	1,009
	1,319	492	827
	991	351	640
	1,318	1,090	228
	1,576	1,205	371
	1,544	1,090	454
	167	115	52
	1,585	445	1,140
	1,277	1,543	-266
	1,158	1,355	-197
	920	1,150	-230
	1,093	1,510	-417
	1,094	1,370	-276
	1,553	1,570	-17
	1,331	1,336	-5
	3,003	2,460	543
	1,224	924	300
	1,341	922	419
	1,753	2,029	-276
	1,164	1,254	-90
	1,493	1,279	214
	1,207	1,050	157
	1,224	1,025	199
	266	225	41
	443	375	68
	446	375	71
	383	268	115
	456	287	169
	452	287	165
	391	251	140
	825	517	308
	664	369	295
	994	534	460
	720	290	430
	699	256	443
	1,236	1,440	-204
	1,059	1,034	25
	1,090	1,065	25
	1,181	1,152	29
	1,120	1,126	-6
	1,411	1,191	220
	1,908	1,576	332
	2,114	1,715	399
	1,696	1,470	226
	3,434	3,280	154
	1,270	971	299
	1,229	933	296
	751	782	-31
	569	668	-99
	928	1,074	-146
	842	999	-157
	18		18
	19		19
	108		108
	280		280
	112		112
	186		186
	484		484
	5		5
	89		89
	242		242

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			-126
b			141
c			-233
d			1
e			83
			29
			254
			278
			159
			1,438
			1,478
			775
			172
			937
			948
			1,382
			-35
			29
			64
			11
			71
			361
			417
			353
			43
			221
			198
			150
			113
			18
			247
			268
			172
			130
			251
			478
			378
			-242
			126
			143
			-5
			63
			1,594
			1,373
			698
			996
			1,564
			1,358
			-107
			-80
			-78
			-174
			-59
			1,534
			3,553
			-47
			628
			454
			116
			112
			314
			1,068
			520
			262
			753
			504
			161
			-51
			327
			339
			542
			347
			539
			935
			335
			661
			669
			-30
			48
			355
			266
			290
			612
			485
			495
			668
			921
			1,139
			915
			660
			188
			115
			338
			913
			790
			916
			469
			243
			314
			222
			372
			297
			305
			415
			92
			128
			30
			-203
			-74
			-36
			82
			65
			164
			36
			83
			-15
			87
			7
			25
			148
			208
			219
			871
			762
			570
			65
			77
			284
			-228
			78
			-18,749
			-20
			-173
			263
			172
			146
			357
			413
			518
			461
			585
			1,577
			1,164
			1,095
			1,134
			1,053
			666
			-125

			-63
			-306
			27
			-61
			3
			14
			14
			5
			-4
			-1
			1
			-2
			2
			248
			-3
			440
			233
			64
			172
			191
			57
			338
			72
			197
			38
			48
			65
			169
			224
			119
			-59
			-20
			-18
			-7
			2,701
			903
			2,430
			443
			587
			367
			1,371
			544
			788
			872
			678
			-490
			-12
			-47
			-38
			183
			138
			345
			398
			373
			333
			468
			253
			1,796
			144
			1,533
			3,264
			902
			6,018
			4,544
			5,106
			11,121
			-23,829
			-46,773
			10
			-160
			-379
			81
			120
			-44
			213
			23
			223
			456
			559
			706
			1,018
			1,096
			656
			1,253
			760
			537
			691
			3,087
			737
			95
			1,045
			1,009
			827
			640
			228
			371
			454
			52
			1,140
			-266
			-197
			-230
			-417
			-276
			-17
			-5
			543
			300
			419
			-276
			-90
			214
			157
			199
			41
			68
			71
			115
			169
			165
			140
			308
			295
			460
			430
			443
			-204
			25
			25
			29
			-6
			220
			332
			399
			226
			154
			299
			296
			-31
			-99
			-146
			-157
			18
			19
			108
			280
			112
			186
			484
			5
			89
			242

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	45,059
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	13,973

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	893,310	2,486,510	0.359263
2008	847,889	3,281,634	0.258374
2007	753,349	3,679,268	0.204755
2006	606,716	3,297,574	0.183989
2005	584,086	3,335,017	0.175137

2	Total of line 1, column (d) ......................	2	1.181518
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	0.236304
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	2,552,360
5	Multiply line 4 by line 3.......................	5	603,132
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	576
7	Add lines 5 and 6.........................	7	603,708
8	Enter qualifying distributions from Part XII, line 4..............	8	346,326
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	1,151
	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	1,151
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	1,151
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a	211
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	1,472
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	1,683
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	3
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	529
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax529	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

Yes

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

instructions) bullet

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

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

Yes

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

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

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

Yes

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?

Website address bullet

The books are in care of bullet

BROWN INV ADVISORY Telephone no. bullet

(410) 537-5484

Located at bullet

901 S BOND STREET SUITE 400BALTIMOREMD ZIP+4 bullet

21231

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
MICHAEL D HANKIN	TRUSTEE 0	0
901 SOUTH BOND ST BALTIMORE,MD21231	TRUSTEE 0	0
STANARD T KLINEFELTER	TRUSTEE 0	0
901 SOUTH BOND ST BALTIMORE,MD21231	TRUSTEE 0	0
ANDRE W BREWSTER	TRUSTEE 0	0
6225 SMITH AVENUE BALTIMORE,MD21209	TRUSTEE 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	HISTORIC LONG BRANCH FARM AND MUSEUM 830 LONG BRANCH LANE MILLWOOD, VA 22646	345,295
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...................

2,448,645

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

142,583

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

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

2,591,228

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

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

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

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

2,591,228

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

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

38,868

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

2,552,360

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

127,618

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

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

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

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

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

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 ..........

346,326

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

346,326

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

346,326

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

1991-07-24

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
	13,973			181,520	195,493
b 85% of line 2a .........	11,877			154,292	166,169
c Qualifying distributions from Part XII, line 4 for each year listed .....	346,326	893,691	848,478	759,257	2,847,752
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 ....	346,326	893,691	848,478	759,257	2,847,752
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets” alternative test—enter:
(1) Value of all assets ......	10,635,992	11,193,260	10,547,969	11,971,230	44,348,451
(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...	85,079	82,884	109,388	122,642	399,993
c “Support” alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

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

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

Total ................................. 3a

bApproved for future payment

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

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
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	35,017
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	45,059
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aFED EXCISE TAX REF			14	1,992
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				82,068

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

1382,068

(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.)
6	GROSS RENTS

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

Name of Stock	End of Year Book Value	End of Year Fair Market Value
COMMON STOCK	262,571	424,531
EQUITY MUTUAL FUNDS	1,168,189	1,408,345
EQUITY PARTNERSHIPS	150,000	146,480

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
CAP IMPROVEMENTS-FARM	204,172	204,172	204,172
CAP IMPROVEMENTS-ESTATE	267,365	267,365	267,365
GARDEN IMPROVEMENTS	116,293	142,393	142,393
OTHER	1,656,873	1,656,873	1,656,873
CDK GLOBAL SELECT FUND	150,000	0	0
MIDDLEBURG BANK CD	40,000	0	0
LBHHF CD	100,000	0	0

Description	Amount
OTHER ASSETS DELIVERED TO HLB	174,761
OFFSET PRIOR YEAR ADJUSTMENT	359,769

Category	Amount	Net Investment Income
FOREIGN TAXES	58	58
FOREIGN TAXES ON QUALIFIED FOR	636	636
FOREIGN TAXES ON NONQUALIFIED	108	108