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 10-01-2010 , and ending 09-30-2011
G
Check all that apply:
Name of foundation
NANCY SAYLES DAY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)C/O WFO 1100 N MAREKT STREET NO1010Room/suite
City or town, state, and ZIP code
WILMINGTON, DE198011289
A Employer identification number

06-6071254
B Telephone number (see page 10 of the instructions)

(302) 651-8160
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$13,045,727J 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      
4 Dividends and interest from securities...... 370,660 370,660  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 114,719
b Gross sales price for all assets on line 6a 4,650,085
7 Capital gain net income (from Part IV, line 2)... 114,719
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 18,615 18,615  
12 Total. Add lines 1 through 11........ 503,994 503,994  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 130,779 98,084   32,695
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 409 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 13,467 13,467   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 144,655 111,551   32,695
25 Contributions, gifts, grants paid........ 608,000 608,000
26 Total expenses and disbursements. Add lines 24 and 25 752,655 111,551   640,695
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -248,661
b Net investment income (if negative, enter -0-) 392,443
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 844,543 593,223 593,223
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) 1,156,115 Click to see attachment1,312,111 1,427,790
b Investments—corporate stock (attach schedule)........ 7,550,510 Click to see attachment7,335,376 7,606,067
c Investments—corporate bonds (attach schedule)........ 791,618 Click to see attachment791,618 837,315
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,104,500 Click to see attachment2,166,297 2,581,332
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) 12,447,286 12,198,625 13,045,727
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 12,447,286 12,198,625
30 Total net assets or fund balances (see page 17 of the
instructions).................... 12,447,286 12,198,625
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 12,447,286 12,198,625
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 12,447,286
2 Enter amount from Part I, line 27a...................... 2 -248,661
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 12,198,625
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 12,198,625
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 34042.553 SHS PIMCO HIGH YIELD FUND P 2011-01-01 2011-01-21
b 26200.873 SHS T ROWE PRICE HIGH YIELD FUND P 2011-01-01 2011-01-21
c 17740.768 SHS WILMINGTON MULTI-MANAGER REAL ASSET FUND P 2010-01-01 2011-01-21
d 850 SHS ISHARES MSCI EAFE SMALL CAP INDEX FUND P 2011-01-01 2011-06-22
e 398.963 SHS EATON VANCE TAX MANAGED EMERGING MARKET FUND P 2010-01-01 2011-06-23
21267.454 SHS PIMCO HIGH YIELD FUND P 2010-01-01 2011-06-23
21617.647 SHS T ROWE PRICE HIGH YIELD FUND P 2010-01-01 2011-06-23
914 SHS AT&T INC P 2009-01-01 2010-10-06
503 SHS BALDOR ELECTRIC CO P 2009-01-01 2010-12-22
207 SHS HEWLETT PACKARD CO P 2009-01-01 2010-12-22
447 SHS TJX COMPANIES NEW COMMON P 2009-01-01 2010-12-22
12 SHS CENTURYLINK INC P 2011-01-01 2011-01-21
15 SHS MARRIOTT INTERNATIONAL INC P 2010-01-01 2011-01-21
11 SHS METLIFE INC P 2010-01-01 2011-01-21
63 SHS CENTURYLINK INC P 2011-01-01 2011-02-01
39 SHS CHEVRON CORP P 2010-01-01 2011-02-01
2 SHS CEHVRON CORP P 2011-01-01 2011-02-01
53 SHS CONOCOPHILLIPS P 2010-01-01 2011-02-01
1 SHS CONOCOPHILLIPS P 2011-01-01 2011-02-01
29 SHS EMERSON ELECTRIC COMPANY P 2010-01-01 2011-02-01
21 SHS EMERSON ELECTRIC COMPANY P 2011-01-01 2011-02-01
JOHNSON & JOHNSON COMMON P 2010-01-01 2011-02-01
JOHNSON & JOHNSON COMMON P 2011-01-01 2011-02-01
353 SHS M&T BANK CORP P 2010-01-01 2011-02-01
50 SHS NOVARTIS AG SPONSORED ADR P 2011-01-01 2011-02-01
30 SHS PPG INDUSTRIES COMMON P 2010-01-01 2011-02-01
14 SHS SCHLUMBERGER LIMITED P 2010-01-01 2011-02-01
16 SHS SCHLUMBERGER LIMITED P 2011-01-01 2011-02-01
22 SHS AIR PRODUCTS & CHEMICALS COMMON P 2011-01-01 2011-04-13
18 SHS APACHE CORPORATION COMMON P 2011-01-01 2011-04-13
282 SHS C H ROBINSON WORLDWIDE INC NEW P 2010-01-01 2011-04-13
5 SHS CATERPILLAR COMMON P 2010-01-01 2011-04-13
19 SHS CATERPILLAR COMMON P 2011-01-01 2011-04-13
614 SHS CISCO SYSTEMS COMMON P 2011-01-01 2011-04-13
27 SHS COSTCO WHOLESALE CORP P 2011-01-01 2011-04-13
67 SHS DELPHI FINANCIAL GROUP INC P 2011-01-01 2011-04-13
31 SHS ENBRIDGE INC P 2011-01-01 2011-04-13
23 SHS EXXON MOBIL CORPORATION P 2011-01-01 2011-04-13
21 SHS FACTSET RESEARCH SYSTEMS INC P 2011-01-01 2011-04-13
26 SHS FASTENAL CO COMMON P 2011-01-01 2011-04-13
INTEL CORP COMMON P 2010-01-01 2011-04-13
INTEL CORP COMMON P 2011-01-01 2011-04-13
10 SHS INTERNATIONAL BUSINESS MACHINES CORP P 2011-01-01 2011-04-13
39 SHS JOHNSON CONTROLS COMMON P 2010-01-01 2011-04-13
17 SHS JOHNSON CONTROLS COMMON P 2011-01-01 2011-04-13
12 SHS LOWES COMPANIES COMMON P 2010-01-01 2011-04-13
58 SHS LOWES COMPANIES COMMON P 2011-01-01 2011-04-13
MAXIM INTEGRATED PRODUCTS COMMON P 2010-01-01 2011-04-13
MAXIM INTEGRATED PRODUCTS COMMON P 2011-01-01 2011-04-13
42 SHS OMNICOM GROUP COMMON P 2011-01-01 2011-04-13
83 SHS PPL CORPORATION COMMON P 2011-01-01 2011-04-13
28 SHS PROCTER & GAMBLE CO COMMON P 2011-01-01 2011-04-13
75 SHS PROTECTIVE LIFE CORP COMMON P 2011-01-01 2011-04-13
35 SHS QUALCOMM COMMON P 2011-01-01 2011-04-13
329 SHS SCOTTS MIRACLE-GRO COMPANY P 2011-01-01 2011-04-13
76 SHS STEEL DYNAMICS INC COMMON P 2011-01-01 2011-04-13
TARGET CORP COMMON P 2010-01-01 2011-04-13
TARGET CORP COMMON P 2011-01-01 2011-04-13
19 SHS UNITED PARCEL SERVICE INC CLASS B P 2011-01-01 2011-04-13
545 SHS STAPLES COMMON P 2010-01-01 2011-05-26
101 SHS STAPLES COMMON P 2011-01-01 2011-05-26
226 SHS BOSTON PROPERTIES INC COMMON P 2010-01-01 2011-08-19
8 SHS BOSTON PROPERTIES INC P 2011-01-01 2011-08-19
88 SHS INTERNATIONAL BUSINESS MACHINES CORP P 2010-01-01 2011-08-19
159 SHS APACHE CORPORATION COMMON P 2010-01-01 2011-09-09
47 SHS CATERPILLAR COMMON P 2010-01-01 2011-09-09
124 SHS DANAHER CORP COMMON P 2011-01-01 2011-09-09
DELPHI FINANCIAL GROUP INC CLASS A P 2010-01-01 2011-09-09
DELPHI FINANCIAL GROUP INC CLASS A P 2011-01-01 2011-09-09
97 SHS DOVER CORP COMMON P 2011-01-01 2011-09-09
416 SHS EMERSON ELECTRIC COMPANY COMMON P 2010-01-01 2011-09-09
270 SHS GREIF INC COMMON CL A P 2011-01-01 2011-09-09
L3 COMMUNICATIONS HOLDINGS INC P 2010-01-01 2011-09-09
L3 COMMUNICATIONS HOLDINGS INC P 2011-01-01 2011-09-09
577 SHS LOWES COMPANIES COMMON P 2010-01-01 2011-09-09
MARRIOTT INTERNATIONAL INC NEW CL A P 2010-01-01 2011-09-09
MARRIOTT INTERNATIONAL INC NEW CL A P 2011-01-01 2011-09-09
792 SHS PROTECTIVE LIFE CORP COMMON P 2010-01-01 2011-09-09
40 SHS PROTECTIVE LIFE CORP COMMON P 2011-01-01 2011-09-09
700 SHS STEEL DYNAMICS INC COMMON P 2010-01-01 2011-09-09
16 SHS STEEL DYNAMICS INC COMMON P 2011-01-01 2011-09-09
2160 SHS GUGGENHEIM FUNDS DISTRIBUTORS INC P 2010-01-01 2010-10-04
1497 SHS ISHARES FTSE/XINHUA CHINA 25 INDEX FUND P 2010-01-01 2010-10-04
1027 SHS ISHARES IBOXX HIGH YIELD CORPORATE BOND FUND P 2010-01-01 2010-10-04
1433 SHS ISHARES TRUST RUSSELL 2000 INDEX FUND P 2010-01-01 2010-10-04
1975 SHS POWERSHARES QQQ TRUST P 2010-01-01 2010-10-04
1896 SHS VANGUARD DIVIDEND APPREC INDEX FUND ETF P 2010-01-01 2010-10-04
2715 SHS VANGUARD TOTAL STOCK MARKET ETF P 2010-01-01 2010-10-04
4070 SHS WISDOMTREE DREYFUS EMERGING CURRENCY FUND P 2010-01-01 2010-10-04
1527 SHS ISHARES BARCLAYS 7-10 YEAR TREASURY BOND FUND P 2010-01-01 2010-11-18
602 SHS PIMCO ENHANCED SHORT MATURITY STRATEGY FUND P 2010-01-01 2010-12-08
2898 SHS ISHARES FTSE CHINA 25 INDEX FUND P 2011-01-01 2011-02-01
2794 SHS ISHARES GOLD TRUST P 2011-01-01 2011-02-01
352 SHS PIMCO 15 PLUS YR US TIPS INDEX FUND P 2011-01-01 2011-02-01
3824 SHS SPDR S & P EMERGING SMALL CAP ETF P 2011-01-01 2011-02-01
4340 SHS ETF SPDR SERIES TRUST P 2011-01-01 2011-02-01
3813 SHS WISDOMTREE INDIA EARNINGS FUND ETF P 2011-01-01 2011-02-01
1467 SHS ISHARES INC MSCI SOUTH KOREA INDEX FUND P 2011-01-01 2011-03-15
1790 SHS SPDR S & P EMERGING SMALL CAP ETF P 2011-01-01 2011-05-13
3970 SHS ISHARES INC MSCI GERMANY INDEX FUND P 2011-01-01 2011-05-17
1659 SHS ISHARES INC MSCI SOUTH KOREA INDEX FUND P 2011-01-01 2011-05-17
2916 SHS FIRST TRUST BICK INDEX FUND P 2011-01-01 2011-05-31
645 SHS PIMCO 15 PLUS YR US TIPS INDEX FUND P 2011-01-01 2011-05-31
1686 SHS POWERSHARES QQQ TRUST P 2011-01-01 2011-05-31
2110 SHS VANGUARD FTSE ALL WORLD EX US INDEX FUND U P 2011-01-01 2011-05-31
1775 SHS WISDOMTREE EMERGING MKTS LOCAL DEBT FD P 2011-01-01 2011-05-31
10546 SHS ISHARES INC MSCI HONG KONG INDEX FUND P 2011-01-01 2011-08-05
746 SHS SPDR S & P 500 ETF TRUST P 2011-01-01 2011-09-13
1961 SHS ETF WISDOMTREE ASIA LOCAL DEBT FUND P 2011-01-01 2011-09-27
3534 SHS WISDOMTREE DREYFUS BRAZILIAN REAL FUND P 2011-01-01 2011-09-27
1844 SHS WISDOMTREE EMERGING MKTS LOCAL DEBT FD P 2011-01-01 2011-09-27
LITIGATION INCOME P 2010-01-01 2011-01-02
CAPITAL GAINS DIVIDENDS P    
(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 320,000   304,681 15,319
b 180,000   169,830 10,170
c 245,000   270,015 -25,015
d 35,895   36,187 -292
e 19,600   17,159 2,441
198,000   161,867 36,133
147,000   140,082 6,918
26,042   23,766 2,276
31,712   12,237 19,475
8,631   7,637 994
19,726   13,372 6,354
503   436 67
600   357 243
506   373 133
2,728   2,287 441
3,791   2,948 843
147   114 33
3,795   2,429 1,366
65   42 23
1,727   1,637 90
1,243   1,178 65
2,909   2,882 27
    104 -104
30,868   19,214 11,654
2,826   2,584 242
2,577   1,357 1,220
1,264   1,157 107
1,418   1,298 120
1,972   1,917 55
2,190   2,246 -56
20,842   16,344 4,498
483   415 68
2,079   1,787 292
10,596   12,157 -1,561
2,052   1,968 84
2,067   1,926 141
1,929   1,751 178
1,902   1,805 97
2,161   2,037 124
1,669   1,557 112
11,424   9,619 1,805
    75 -75
1,643   1,556 87
1,519   1,459 60
681   654 27
313   292 21
1,560   1,452 108
1,549   1,015 534
    20 -20
2,012   1,969 43
2,206   2,147 59
1,763   1,846 -83
1,956   2,114 -158
1,830   1,810 20
18,849   16,866 1,983
1,366   1,365 1
1,999   1,981 18
    232 -232
1,374   1,388 -14
8,967   11,416 -2,449
1,664   2,118 -454
22,536   15,951 6,585
757   536 221
13,973   9,369 4,604
15,054   15,947 -893
3,929   1,835 2,094
5,250   6,036 -786
15,536   13,111 2,425
    68 -68
4,982   5,925 -943
17,946   15,335 2,611
12,730   17,079 -4,349
10,831   13,163 -2,332
8,110   9,857 -1,747
10,919   12,145 -1,226
15,775   14,356 1,419
    1,170 -1,170
12,968   16,492 -3,524
653   830 -177
7,819   9,331 -1,512
176   210 -34
98,068   90,082 7,986
64,593   61,328 3,265
91,320   89,991 1,329
95,863   90,183 5,680
95,655   90,050 5,605
92,319   89,418 2,901
157,156   151,896 5,260
93,247   90,114 3,133
147,989   150,060 -2,071
60,544   60,876 -332
124,082   118,724 5,358
36,568   33,529 3,039
18,581   19,868 -1,287
206,053   211,208 -5,155
227,406   217,966 9,440
86,730   90,084 -3,354
82,858   92,649 -9,791
98,051   91,578 6,473
105,205   95,165 10,040
105,509   104,775 734
95,434   94,396 1,038
35,914   36,407 -493
97,718   96,071 1,647
105,725   90,015 15,710
94,778   90,029 4,749
183,515   205,089 -21,574
87,477   97,501 -10,024
97,875   101,939 -4,064
90,028   101,643 -11,615
89,934   99,452 -9,518
203     203
2,553     2,553
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       15,319
b       10,170
c       -25,015
d       -292
e       2,441
      36,133
      6,918
      2,276
      19,475
      994
      6,354
      67
      243
      133
      441
      843
      33
      1,366
      23
      90
      65
      27
      -104
      11,654
      242
      1,220
      107
      120
      55
      -56
      4,498
      68
      292
      -1,561
      84
      141
      178
      97
      124
      112
      1,805
      -75
      87
      60
      27
      21
      108
      534
      -20
      43
      59
      -83
      -158
      20
      1,983
      1
      18
      -232
      -14
      -2,449
      -454
      6,585
      221
      4,604
      -893
      2,094
      -786
      2,425
      -68
      -943
      2,611
      -4,349
      -2,332
      -1,747
      -1,226
      1,419
      -1,170
      -3,524
      -177
      -1,512
      -34
      7,986
      3,265
      1,329
      5,680
      5,605
      2,901
      5,260
      3,133
      -2,071
      -332
      5,358
      3,039
      -1,287
      -5,155
      9,440
      -3,354
      -9,791
      6,473
      10,040
      734
      1,038
      -493
      1,647
      15,710
      4,749
      -21,574
      -10,024
      -4,064
      -11,615
      -9,518
      203
      2,553
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 2 114,719
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 577,873 12,997,752 0.044459
2008 550,521 12,250,190 0.044940
2007 575,000 18,736,464 0.030689
2006 287,868 16,418,034 0.017534
2005 321,473 14,292,458 0.022492
2 Total of line 1, column (d) ...................... 2 0.160114
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 0.032023
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 13,917,227
5 Multiply line 4 by line 3....................... 5 445,671
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,924
7 Add lines 5 and 6......................... 7 449,595
8 Enter qualifying distributions from Part XII, line 4.............. 8 640,695
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 3,924
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 3,924
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 3,924
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 6,000
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 6,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,076
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet2,076 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)bulletDE
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletWILMINGTON FAMILY OFFICE INC Telephone no.bullet (302) 651-8160
    Located atbullet1100 N MARKET STREET SUITE 1010WILMINGTONDE ZIP+4bullet198011289
    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
     
    No
    .........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). Click to see attachment
    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
    MARY G WEST CO-TRUSTEE
    1.00     		0 0 0
    35 LILY STREET
    NANTUCKET,MA02554
    WILMINGTON TRUST COMPANY CO-TRUSTEE
    1.00     		130,779 0 0
    1100 NORTH MARKET STREET
    WILMINGTON,DE19890
    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
    NONE
    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
    13,600,789
    b
    Average of monthly cash balances.......................
    1b
    528,375
    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
    14,129,164
    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
    14,129,164
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    211,937
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,917,227
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    695,861
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    695,861
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    3,924
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,924
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    691,937
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    691,937
    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
    691,937
    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
    640,695
    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
    640,695
    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
    3,924
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    636,771
    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 7 691,937
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 608,584
    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$ 640,695
    a Applied to 2009, but not more than line 2a 608,584
    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..... 32,111
    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 ..........     		659,826
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    A SAFE PLACE INC
    24 AMELIA DRIVE
    NANTUCKET,MA025546064     		N/A 509(A)(1) GENERAL AND UNRESTRICTED 5,000
    ARTISTS ASSOCIATION OF NANTUCKET
    PO BOX 1104
    NANTUCKET,MA025541104     		N/A 509(A)(1) FOR UNDERWRITE SUMMER ART AUCTION 5,000
    NANTUCKET COMMUNITY SAILING INC
    4 WINTER STREET
    NANTUCKET,MA025543638     		N/A 509(A)(2) GENERAL AND UNRESTRICTED 250,000
    NANTUCKET COTTAGE HOSPITAL
    57 PROSPECT STREET
    NANTUCKET,MA025542799     		N/A 509(A)(1) GENERAL AND UNRESTRICTED 10,000
    NANTUCKET MARIA MITCHELL ASSOC
    4 VESTAL STREET
    NANTUCKET,MA025542609     		N/A 509(A)(1) TO SUPPORT VARIOUS RESEARCH PROJECTS 75,000
    NANTUCKET SHELLFISH ASSOC
    PO BOX 604
    NANTUCKET,MA02554     		N/A 509(A)(1) TO SPONSOR THE NANTUCKET SCALLOPERS BALL 5,000
    NANTUCKET YACHT CLUB FOUNDATION
    1 SOUTH BEACH STREET
    NANTUCKET,MA025546100     		N/A 509(A)(1) ASSITS HIGH SCHOOL GRADUATES PURSUE MARINE SCIENCES IN COLLEGE 10,000
    PALLIATIVE AND SUPPORTIVE CARE OF NANTUCKET FOUNDATION
    57 PROSPECT STREET
    NANTUCKET,MA02554     		N/A 509(A)(1) GENERAL AND UNRESTRICTED 12,500
    PHILLIPS EXETER ACADEMY
    20 MAIN STREET
    EXETER,NH038332438     		N/A 509(A)(1) GENERAL AND UNRESTRICTED 2,500
    ST PAUL EPISCOPAL CHURCH
    20 FAIR STREET
    NANTUCKET,MA025543705     		N/A 509(A)(1) GENERAL AND UNRESTRICTED 5,000
    THE HILL SCHOOL
    717 E HIGH STREET
    POTTSTOWN,PA194645770     		N/A 509(A)(1) GENERAL AND UNRESTRICTED 2,500
    HAITI PROJECTS INC
    136 RANTOUL STREET
    BEVERLY,MA01915     		N/A 509(A)(1) GENERAL AND UNRESTRICTED 10,000
    LAHEY CLINIC OFFICE OF PHILANTHROPY
    41 MALL ROAD
    BURLINGTON,MA01805     		N/A 509(A)(1) GENERAL AND UNRESTRICTED 18,000
    NANTUCKET COMMUNITY SAILING INC
    4 WINTER STREET
    NANTUCKET,MA025543638     		N/A 509(A)(2) FOR THE NANTUCKET RACE WEEK 10,000
    NANTUCKET BOYS AND GIRLS CLUB
    61 SPARKS AVENUE
    NANTUCKET,MA025543967     		N/A 509(A)(1) WEEZIE FOUNDATION BUILDING ENDOWMENT CHALLENGE GRANT 25,000
    BOSTON MEDFLIGHT
    1727 ROBINS STREET HANGAR
    BEDFORD,MA01730     		N/A 509(A)(1) GENERAL AND UNRESTRICTED 5,000
    NANTUCKET ARTS COUNCIL
    45 SPARKS AVENUE
    NANTUCKET,MA02554     		N/A 509(A)(1) GENERAL AND UNRESTRICTED 5,000
    PROSPECT HILL CEMETERY CHARITABLE TRUST
    PO BOX 3066
    NANTUCKET,MA02584     		N/A 509(A)(1) FOR PUBLISHING A BOOK IN HONOR OF THE CEMETERY'S 200TH ANNIVERSARY 10,000
    PROSPECT HILL CEMETERY CHARITABLE TRUST
    PO BOX 3066
    NANTUCKET,MA02584     		N/A 509(A)(1) FOR PUBLISHING A BOOK IN HONOR OF THE CEMETERY'S 200TH ANNIVERSARY 5,000
    NANTUCKET CONSERVATION FOUNDATION INC
    PO BOX 13
    NANTUCKET,MA025540013     		N/A 501(A)(1) PETER M SACERDOTE ENDOWMENT 100,000
    SEA PONY FARM
    21 CROOKED LANE
    NANTUCKET,MA02554     		N/A 509(A)(1) GENERAL AND UNRESTRICTED 5,000
    SMALL FRIENDS ON NANTUCKET
    19 NOBADEER FARM ROAD
    NANTUCKET,MA02554     		N/A 509(A)(2) ASSIST MORTGAGE RETIREMENT 5,000
    THE GOD'S CHILD PROJECT
    721 MEMORIAL HIGHWAY
    BISMARCK,ND58502     		N/A 509(A)(1) MARIA DOLORES ANDRADES MOXIN SCHOOLING & EXPENSES 2,500
    UNIVERSITY MUSICAL ASSOCIATION
    881 NORTH UNIVERSITY AVENUE
    ANN ARBOR,MI481091011     		N/A 509(A)(1) CLAYTON & ANN WILHITE 100TH ANNIVERSARY CELEBRATION OF HILL AUDITORIUM 25,000
    Total .................................bullet 3a 608,000
    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          
    4 Dividends and interest from securities....     14 370,660  
    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     18 114,719  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aCAMDEN PRIVATE EQUITY IV LLC     14 232  
    bDB COMMODITY INDEX TRACKING FUND     14 18,383  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 503,994 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    13503,994
    (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

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

    TY 2010 ExpenditureResponsibilityStmt
    Name:
    NANCY SAYLES DAY FOUNDATION
    EIN: 06-6071254
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    PROSPECT HILL CEMETERY CHARITABLE TRUST
          		PO BOX 3066
    NANTUCKET,MA02584     		2011-06-10 10,000 TO HELP PUBLISH A BOOK IN HONOR OF THE CEMETERY'S 200TH ANNIVERSARY CHRONICLING WELL-KNOWN AND LESSER-KNOWN NANTUCKETERS INTERRED AT THE CEMETERY. 10,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. SUBMITTED REPORT EXPECTED IN 2012.   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
    PROSPECT HILL CEMETERY CHARITABLE TRUST
          		PO BOX 3066
    NANTUCKET,MA02584     		2011-09-27 5,000 TO HELP WITH THE COMPLETION OF A BOOK IN HONOR OF THE CEMETERY'S 200TH ANNIVERSARY CHRONICLING WELL-KNOWN AND LESSER-KNOWN NANTUCKETERS INTERRED AT THE CEMETERY. 5,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. SUBMITTED REPORT EXPECTED IN 2012.   THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    NANCY SAYLES DAY FOUNDATION
    EIN: 06-6071254
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 5.15% 11/30/12 123,647 126,571
    COMCAST CORP DTD 6/18/09 5.17% 7/1/19 44,893 52,461
    GENERAL ELECTRIC CAPITAL CORP NOTE SER MTN DTD 10/21/05 4.875% 10/21/10 111,481 111,893
    GOLDMAN SACHS GROUP INC DTD 8/30/07 6.25% 9/1/17 46,882 46,868
    HONEYWELL INTERNATIONAL DTD 2/20/09 5% 2/15/19 129,496 150,513
    INTERNATIONAL BUSINESS MACHINES BOND DTD 11/27/02 4.75% 11/29/12 108,709 115,101
    WACHOVIA CORP NOTE DTD 5/27/05 4.375% 6/1/10 118,710 116,892
    TIME WARNER INC DTD 3/11/10 4.875% 3/15/20 107,800 117,016

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    NANCY SAYLES DAY FOUNDATION
    EIN: 06-6071254
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS 19,634 21,325
    AMERICAN EUROPACIFIC GROWTH CLASS F 345,159 365,284
    APPLIED MATERIALS 19,039 17,075
    AIR PRODS & CHEM INC. 14,300 16,649
    BB&T CP 33,012 24,615
    BALDOR ELCT CO 0 0
    BOSTON PPTYS INC 0 0
    CATERPILLAR INC 6,284 11,888
    CONOCOPHILLIPS 25,344 37,295
    COSTCO WHOLESALE CORP NEW 11,498 19,875
    CHEVRON TEXACO CORP 30,846 43,332
    DELPHI FIN'L GROUP 'A' 0 0
    EATON VANCE TAX MANAGED EMERGING MARKETS FD INST 320,289 374,529
    EMERSON ELECTRIC CO 0 0
    ENBRIDGE INC 9,888 19,222
    FASTENAL COMPANY 9,458 16,973
    FACTSET RESH SYST INC 10,360 16,993
    HEWLETT PACKARD CO 0 0
    INTERNATIONAL BUSINESS MACHINES 0 0
    INTEL CORP 16,659 18,007
    ISHARES TRUST RUSSELL 1000 GROWTH INDEX FD 510,441 615,396
    ISHARES TRUST RUSSELL 2000 VALUE INDEX FUND 123,091 147,137
    ISHARES RUSSELL 2000 GROWTH INDEX 122,363 161,634
    JOHNSON CONTROLS INC 19,732 22,256
    JOHNSON & JOHNSON 28,682 32,800
    JP MORGAN CHASE & CO 42,892 30,090
    L-3 COMMUNICATIONS CORP 0 0
    LOWES COMPANIES INC 0 0
    MARRIOTT INTERNATIONAL INC CL A 0 0
    METLIFE INC 24,206 20,839
    M&T BANK CORP 0 0
    MAXIM INTEGRATED PRODS INC 8,399 13,018
    NOVARTIS AG ADR 19,921 27,829
    PROCTER GAMBLE CO 24,256 27,989
    PIMCO HIGH-YIELD INSTL 503,452 611,385
    PHILIP MORRIS INTL 10,927 15,782
    PPG IND 11,355 17,736
    QUALCOMM INC 27,137 28,935
    SCHLUMBERGER LTD 20,227 17,800
    SOUTHERN CO 24,049 28,557
    SIMON PPTY GROUP INC NEW 13,501 19,027
    STAPLES INC 0 0
    STEEL DYNAMICS INC 0 0
    AT&T CORP COM NEW 0 0
    TARGET CORPORATION 19,033 21,676
    TJX COMPANIES INC 0 0
    T ROWE PRICE GROUP INC 14,048 15,430
    THE TRAVELERS COMPANIES INC 21,575 22,367
    VANGUARD EUROPE PACIFIC ETF 0 0
    WILMINGTON MUTLI-MANAGER REAL ASSET FUND 499,419 456,152
    EXXON MOBIL CORP 16,228 17,649
    T ROWE PRICE HIGH YIELD FUND 421,214 403,014
    APACHE CORPORATION 0 0
    COCA-COLA COMPANY 20,053 22,227
    KRAFT FOODS INC CL A 17,978 19,812
    PEPSICO INCORPORATED 22,121 20,427
    CARDINAL HEALTH INC 25,083 27,976
    TEVA PHARMACEUTICAL INDS LTD 20,136 14,851
    OMNICOM GROUP 23,310 21,293
    C H ROBINSON WORLDWIDE INC 0 0
    UNITED PARCEL SERVICE INC CLASS B 16,442 15,788
    BANK OF AMERICA CORP 46,750 16,842
    PROTECTIVE LIFE CORP 0 0
    CENTURYLINK INC 20,786 18,647
    NEXTERA ENERGY INC 12,201 11,506
    PPL CORPORATION 25,660 28,083
    POWERSHARES QQQ TRUST 99,262 91,438
    CLAYMORE/BNY BRIC ETF 0 0
    ISHARES BARCLAYS TIPS BOND FUND 394,933 407,937
    ISHARES BARCLAYS 7-10 YEAR TREASURY BOND FUND 100,200 108,958
    ISHARES TSE/XINHUA CHINA 25 INDEX FUND 0 0
    ISHARES GOLD TRUST 116,487 153,662
    ISHARES IBOXX HIGH YIELD CORPORATE BOND FUND 0 0
    ISHARES TRUST RUSSELL 2000 INDEX FUND 0 0
    POWERSHARES DB COMMODITY INDEX TRACKING FUND 124,246 116,622
    SPDR GOLD TRUST 165,270 198,207
    SPDR S&P EMERGING SMALL CAP ETF 0 0
    VANGUARD DIVIDEND APPREC INDEX FUND ETF 200,238 204,548
    VANGUARD FTSE ALL-WORLD EX-US INDEX FUND 0 0
    VANGUARD TOTAL BOND MARKET ET 424,748 433,522
    VANGUARD TOTAL STOCK MARKET 336,711 334,372
    WISDOMTREE DREYFUS EMERGING CURRENCY FD 0 0
    WISDOMTREE EMERGING MKTS LOCAL DEBT FD 0 0
    WISDOMTREE INDIA EARNINGS FUND 0 0
    ISHARES TRUST RUSSELL 1000 VALUE INDEX FUND 336,113 282,950
    ISHARES MSCI EAFE SMALL CAP INDEX FUND 219,252 179,941
    VANGUARD MSCI EAFE ETF 345,258 336,492
    BRISTOL MYERS SQUIBB CO 13,688 14,749
    NORDSTROM 21,692 22,612
    DANAHER CORP 18,319 16,189
    DOVER CORP 15,241 12,349
    VODAFONE GROUP PLC-SP ADR 24,123 22,016
    DOMINION RESOURCES INC VA 16,440 17,719
    PIMCO ENHANCED SHORT MATURITY STRATEGY FUND 95,764 95,098
    VANGUARD MSCI EAFE ETF 101,426 79,724
    VANGUARD MSCI EMERGING MARKETS ETF 101,629 74,204
    VANGUARD REIT ETF 268,386 256,232
    WISDOMTREE ASIA LOCAL DEBT FUND 94,964 93,850
    GOODRICH CORP 19,014 27,274
    US BANCORP COMMON 33,534 30,390

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    NANCY SAYLES DAY FOUNDATION
    EIN: 06-6071254
    US Government Securities - End of Year Book Value:

    1,312,111
    US Government Securities - End of Year Fair Market Value:

    1,427,790
    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:
    NANCY SAYLES DAY FOUNDATION
    EIN: 06-6071254
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    GUIDANCE CAPITAL TE FUND LP AT COST 920,000 1,157,200
    GUIDANCE CAPITAL BLUE TE FUND LP AT COST 1,150,000 1,331,563
    CAMDEN PRIVATE CAPITAL IV, LLC AT COST 96,297 92,569

    TY 2010 OtherExpensesSchedule
    Name:
    NANCY SAYLES DAY FOUNDATION
    EIN: 06-6071254
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CAMDEN PRIVATE CAPITAL IV LLC 13,185 13,185   0
    DB COMMODITY INDEX TRACKING FUND 282 282   0


    TY 2010 OtherIncomeSchedule2
    Name:
    NANCY SAYLES DAY FOUNDATION
    EIN: 06-6071254
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CAMDEN PRIVATE EQUITY IV LLC 232 232 232
    DB COMMODITY INDEX TRACKING FUND 18,383 18,383 18,383


    TY 2010 TaxesSchedule
    Name:
    NANCY SAYLES DAY FOUNDATION
    EIN: 06-6071254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 409 0   0