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 06-01-2010 , and ending 05-31-2011

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

Amended returnAddress changeName change

Name of foundation
Albert Shapiro Fund Inc co Eileen C Shapiro

Number and street (or P.O. box number if mail is not delivered to street address)975 Memorial Drive No 804 Room/suite

City or town, state, and ZIP code
Cambridge, MA02138

A Employer identification number

52-1300277

B Telephone number (see page 10 of the instructions)

(617) 868-7898

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

$6,092,220J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	21		21
4	Dividends and interest from securities......	180,881		164,927
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		362,976
b	Gross sales price for all assets on line 6a 5,676,383
7	Capital gain net income (from Part IV, line 2)...			362,976
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	543,878		527,924
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		5,050	5,050	0
c	Other professional fees (attach schedule)....
17	Interest...............	11,996		11,996	0
18	Taxes (attach schedule) (see page 14 of the instructions)		4,797	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		26,152	26,152	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	47,995		43,198	0
25	Contributions, gifts, grants paid........	274,050			274,050
26	Total expenses and disbursements. Add lines 24 and 25	322,045		43,198	274,050
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	221,833
b	Net investment income (if negative, enter -0-)			484,726
c	Adjusted net income (if negative, enter -0-)...

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

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

Form 990-PF (2010)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	8
	2	Savings and temporary cash investments..........	97,989	64,508	64,508
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	721,116	700,324	725,392
	b	Investments—corporate stock (attach schedule)........	4,314,939	4,505,969	5,107,741
	c	Investments—corporate bonds (attach schedule)........	80,000	173,325	192,398
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	1,773	2,188	2,181
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	5,215,825	5,446,314	6,092,220
	17	Accounts payable and accrued expenses..........		8,656
	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	8,656
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	0	0
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	29	Retained earnings, accumulated income, endowment, or other funds	5,215,825	5,437,658
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	5,215,825	5,437,658
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	5,215,825	5,446,314

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	5,215,825
2	Enter amount from Part I, line 27a......................	2	221,833
3	Other increases not included in line 2 (itemize)	3	0
4	Add lines 1, 2, and 3..........................	4	5,437,658
5	Decreases not included in line 2 (itemize)	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	5,437,658

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	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-01
b	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-07
c	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-09
d	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-09
e	US TREASURY NOTE	P	2009-06-30	2010-06-14
	SYBASE INC COM	P	2009-06-30	2010-06-17
	BHP BILLITON LTD SPONSORED ADR	P	2008-06-30	2010-06-18
	FMC TECHNOLOGIES INC COM	P	2009-06-30	2010-06-18
	FLUOR CORP NEW COM	P	2008-06-30	2010-06-18
	JOY GLOBAL INC COM	P	2008-06-30	2010-06-18
	NETEASE COM INC SPONSORED ADR	P	2008-06-30	2010-06-18
	RIO TINTO PLC SPONSORED ADR	P	2009-06-30	2010-06-18
	URS CORP NEW COM	P	2008-06-30	2010-06-18
	BMC SOFTWARE INC COM	P	2008-06-30	2010-06-18
	BLACKROCK INC COM	P	2009-06-30	2010-06-18
	DIAMOND OFFSHORE DRILLING INC COM	P	2009-06-30	2010-06-18
	ENSCO PLC	P	2009-06-30	2010-06-18
	WESTERN DIGITAL CORP COM	P	2008-06-30	2010-06-18
	NOBLE CORPORATION BAAR NAMEN AKT	P	2009-06-30	2010-06-18
	AFLAC INC COM	P	2009-06-30	2010-06-18
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-21
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-21
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-21
	AMERISOURCEBERGEN CORP COM	P	2009-06-30	2010-06-24
	COACH INC COM	P	2009-06-30	2010-06-24
	COGNIZANT TECH SOLUTIONS CRP COM	P	2009-06-30	2010-06-24
	DOLLAR TREE INC COM	P	2009-06-30	2010-06-24
	EXPRESS SCRIPTS INC COM	P	2008-06-30	2010-06-24
	FORD MTR CO DEL COM PAR $0.01	P	2009-06-30	2010-06-24
	GAP INC COM	P	2008-06-30	2010-06-24
	GILEAD SCIENCES INC COM	P	2008-06-30	2010-06-24
	GOOGLE INC CL A	P	2008-06-30	2010-06-24
	HEWLETT PACKARD CO COM	P	2008-06-30	2010-06-24
	INTERNATIONAL BUSINESS MACHS CORP	P	2008-06-30	2010-06-24
	KOHLS CORP COM	P	2008-06-30	2010-06-24
	LIMITED BRANDS INC COM	P	2008-06-30	2010-06-24
	MCKESSON CORP COM	P	2009-06-30	2010-06-24
	MICROSOFT CORP COM	P	2008-06-30	2010-06-24
	NATIONAL OILWELL VARCO INC	P	2009-06-30	2010-06-24
	OCCIDENTAL PETE CORP COM	P	2008-06-30	2010-06-24
	ORACLE CORP COM	P	2008-06-30	2010-06-24
	QUEST DIAGNOSTICS INC COM	P	2009-06-30	2010-06-24
	ROSS STORES INC COM	P	2008-06-30	2010-06-24
	SYNGENTA AG SPONSORED ADR	P	2009-06-30	2010-06-24
	WELLPOINT INC COM	P	2008-06-30	2010-06-24
	XILINX INC COM	P	2008-06-30	2010-06-24
	COOPER INDUSTRIES PLC NEW IRELAND	P	2009-06-30	2010-06-24
	ABB LTD SPONSORED ADR	P	2008-06-30	2010-06-24
	AMGEN INC COM	P	2008-06-30	2010-06-24
	APOLLO GROUP INC CL A	P	2008-06-30	2010-06-24
	APPLE INC COM	P	2008-06-30	2010-06-24
	CARDINAL HEALTH INC COM	P	2009-06-30	2010-06-24
	CISCO SYS INC COM	P	2008-06-30	2010-06-24
	E M C CORP MASS COM	P	2009-06-30	2010-06-24
	GOLDMAN SACHS GROUP INC COM	P	2008-06-30	2010-06-24
	GOODRICH CORP COM	P	2008-06-30	2010-06-24
	JOHNSON & JOHNSON COM	P	2008-06-30	2010-06-24
	LAUDER ESTEE COS INC CL A	P	2009-06-30	2010-06-24
	MASTERCARD INC CL A	P	2009-06-30	2010-06-24
	MEDCO HEALTH SOLUTIONS INC COM	P	2009-06-30	2010-06-24
	STARBUCKS CORP COM	P	2009-06-30	2010-06-24
	UNION PAC CORP COM	P	2008-06-30	2010-06-24
	UNITED TECHNOLOGIES CORP COM	P	2008-06-30	2010-06-24
	UNITEDHEALTH GROUP INC COM	P	2008-06-30	2010-06-24
	ACCENTURE PLC CLASS A ORDINARY	P	2008-06-30	2010-06-24
	MARVELL TECHNOLOGY GROUP LTD	P	2008-06-30	2010-06-24
	CHECK POINT SOFTWARE TECH COM	P	2009-06-30	2010-06-24
	FLEXTRONICS INTL LTD	P	2009-06-30	2010-06-24
	US TREASURY NOTE	P	2008-06-30	2010-06-24
	FEDERAL HOME LN MTG CORP	P	2009-06-30	2010-06-24
	US TREASURY NOTE	P	2008-06-30	2010-06-24
	US TREASURY NOTE	P	2008-06-30	2010-06-24
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-25
	PROCTER & GAMBLE CO COM	P	2009-06-30	2010-06-25
	CVS CAREMARK CORP COM	P	2009-06-30	2010-06-25
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-25
	CSX CORP COM	P	2009-06-30	2010-06-25
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-28
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-29
	US TREASURY NOTE	P	2009-06-30	2010-06-29
	US TREASURY NOTE	P	2009-06-30	2010-06-29
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-29
	EXPRESS SCRIPTS INC COM	P	2009-06-30	2010-06-29
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-30
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-30
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2009-06-30	2010-06-30
	BANK NEW YORK MELLON CORP COM	P	2009-06-30	2010-06-30
	CISCO SYS INC COM	P	2008-06-30	2010-06-30
	INTERNATIONAL BUSINESS MACHS CORP	P	2008-06-30	2010-06-30
	UNITED TECHNOLOGIES CORP COM	P	2008-06-30	2010-06-30
	ACCENTURE PLC CLASS A ORDINARY	P	2008-06-30	2010-06-30
	CHECK POINT SOFTWARE TECH COM	P	2009-06-30	2010-06-30
	HEWLETT PACKARD CO COM	P	2008-06-30	2010-06-30
	ORACLE CORP COM	P	2008-06-30	2010-06-30
	LINCARE HLDGS INC COM	P	2009-06-30	2010-06-30
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-07-02
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-07-12
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-07-13
	ADVANCE AUTO PTS INC COM	P	2010-06-30	2010-07-13
	LIBERTY GLOBAL INC COM SER A	P	2010-06-30	2010-07-13
	US TREASURY NOTE	P	2010-06-30	2010-07-14
	US TREASURY NOTE	P	2010-06-30	2010-07-14
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-07-16
	ANADARKO PETE CORP COM	P	2010-06-30	2010-07-16
	EXXON MOBIL CORP COM	P	2010-06-30	2010-07-19
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-07-20
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-07-20
	QUESTAR CORP COM	P	2010-06-30	2010-07-20
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-07-21
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-07-21
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-07-21
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-07-21
	CAPITAL ONE FINL CORP COM	P	2010-06-30	2010-07-27
	VENTAS INC COM	P	2010-06-30	2010-07-27
	QUESTAR CORP COM	P	2010-06-30	2010-07-27
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-07-28
	US TREASURY NOTE	P	2010-06-30	2010-07-29
	US TREASURY NOTE	P	2010-06-30	2010-07-29
	PEABODY ENERGY CORP COM	P	2010-06-30	2010-07-30
	AIRGAS INC COM	P	2010-06-30	2010-07-30
	FIDELITY NATL INFORMATION SVCS INC	P	2010-06-30	2010-08-10
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-08-10
	FIDELITY NATL INFORMATION SVCS INC	P	2010-06-30	2010-08-10
	WADDELL & REED FINL INC CL A	P	2010-06-30	2010-08-10
	GENERAL CABLE CORP DEL NEW COM	P	2010-06-30	2010-08-10
	MEMC ELECTR MATLS INC COM	P	2010-06-30	2010-08-10
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-08-11
	US TREASURY NOTE	P	2010-06-30	2010-08-12
	US TREASURY NOTE	P	2010-06-30	2010-08-12
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-08-12
	PG&E CORP COM	P	2010-06-30	2010-08-12
	PRAXAIR INC COM	P	2010-06-30	2010-08-12
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-08-13
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-08-17
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-08-20
	RANGE RESOURCES CORP COM	P	2010-06-30	2010-08-20
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-08-23
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-08-23
	PFIZER INC COM	P	2010-06-30	2010-08-26
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-08-27
	US TREASURY NOTE	P	2010-06-30	2010-08-31
	US TREASURY NOTE	P	2010-06-30	2010-08-31
	US TREASURY NOTE	P	2010-06-30	2010-09-14
	US TREASURY NOTE	P	2010-06-30	2010-09-14
	PG&E CORP COM	P	2010-06-30	2010-09-15
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-09-21
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-09-27
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-09-28
	US TREASURY NOTE	P	2010-06-30	2010-09-29
	US TREASURY NOTE	P	2010-06-30	2010-09-29
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-09-29
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-10-06
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-10-06
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-10-08
	US TREASURY NOTE	P	2010-06-30	2010-10-14
	US TREASURY NOTE	P	2010-06-30	2010-10-14
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-10-20
	APOLLO GROUP INC CL A	P	2010-06-30	2010-10-20
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-10-21
	US TREASURY NOTE	P	2010-06-30	2010-10-28
	US TREASURY NOTE	P	2010-06-30	2010-10-28
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-10-29
	ATHEROS COMMUNICATIONS INC COM	P	2010-06-30	2010-10-29
	MCAFEE INC COM	P	2010-06-30	2010-10-29
	ADVANCE AUTO PTS INC COM	P	2010-06-30	2010-11-02
	CHECK POINT SOFTWARE TECH COM	P	2010-06-30	2010-11-09
	BEST BUY INC COM	P	2010-06-30	2010-11-10
	US TREASURY NOTE	P	2010-06-30	2010-11-12
	US TREASURY NOTE	P	2010-06-30	2010-11-12
	NALCO HLDG CO COM	P	2010-06-30	2010-11-12
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-11-15
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-11-16
	ANADARKO PETE CORP COM	P	2010-06-30	2010-11-16
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-11-17
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-11-19
	US TREASURY NOTE	P	2010-06-30	2010-11-29
	BOSTON TRUST SMALL CAP FUND	P	2009-06-30	2010-12-10
	BOSTON TRUST SMALL CAP FUND	P	2010-06-30	2010-12-10
	US TREASURY NOTE	P	2010-06-30	2010-12-14
	US TREASURY NOTE	P	2010-06-30	2010-12-14
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-12-15
	GRAINGER W W INC COM	P	2010-06-30	2010-12-15
	LENDER PROCESSING SVCS INC COM	P	2010-06-30	2010-12-15
	FEDERAL NATL MTG ASSN	P	2010-06-30	2010-12-16
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-12-16
	GLOBAL PMTS INC COM	P	2010-06-30	2010-12-16
	DU PONT E I DE NEMOURS & CO NT	P	2010-06-30	2010-12-20
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-12-21
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-12-21
	CME GROUP INC COM	P	2010-06-30	2010-12-21
	EQT CORP COM	P	2010-06-30	2010-12-21
	EXXON MOBIL CORP COM	P	2010-06-30	2010-12-21
	LOWES COS INC COM	P	2010-06-30	2010-12-21
	NALCO HLDG CO COM	P	2010-06-30	2010-12-21
	TIME WARNER CABLE INC COM	P	2010-06-30	2010-12-21
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2010-12-22
	TD AMERITRADE HLDG CORP COM	P	2010-06-30	2010-12-22
	TD AMERITRADE HLDG CORP COM	P	2010-06-30	2010-12-23
	ASTON MONTAG & CALDWELL GTH FD CL I	P	2009-06-30	2010-12-30
	DREYFUS EMERGING MARKETS DEBT	P	2009-06-30	2010-12-30
	DREYFUS EMERGING MARKETS DEBT	P	2010-06-30	2010-12-30
	US TREASURY NOTE	P	2010-06-30	2010-12-30
	US TREASURY NOTE	P	2010-06-30	2010-12-30
	AMETEK INC NEW COM	P	2010-06-30	2010-12-31
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-01-03
	URS CORP NEW COM	P	2010-06-30	2011-01-04
	CEPHALON INC COM	P	2010-06-30	2011-01-04
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-01-07
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-01-10
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-01-11
	LABORATORY CORP AMER HLDGS COM NEW	P	2010-06-30	2011-01-11
	LABORATORY CORP AMER HLDGS COM NEW	P	2010-06-30	2011-01-12
	US TREASURY NOTE	P	2010-06-30	2011-01-13
	US TREASURY NOTE	P	2010-06-30	2011-01-13
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-01-21
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-01-21
	BERKLEY W R CORP COM	P	2010-06-30	2011-01-21
	MSCI INC CL A	P	2010-06-30	2011-01-21
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-01-25
	WALGREEN CO COM	P	2010-06-30	2011-01-25
	HEWLETT PACKARD CO GLBL NT	P	2010-06-30	2011-01-26
	PFIZER INC GLBL SR NT	P	2010-06-30	2011-01-26
	ABBOTT LABS NTS	P	2009-06-30	2011-01-26
	NEXTERA ENERGY INC COM	P	2009-06-30	2011-01-26
	BERKSHIRE HATHAWAY FIN CORP GTD SR	P	2009-06-30	2011-01-28
	US TREASURY NOTE	P	2010-06-30	2011-01-28
	US TREASURY NOTE	P	2010-06-30	2011-01-28
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-01-28
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-02-02
	TORTOISE ENERGY CAP CORP COM	P	2010-06-30	2011-02-02
	US TREASURY NOTE	P	2010-06-30	2011-02-14
	US TREASURY NOTE	P	2010-06-30	2011-02-14
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-02-17
	EMERGENCY MEDICAL SVCS CORP CL A	P	2010-06-30	2011-02-17
	LABORATORY CORP AMER HLDGS COM NEW	P	2010-06-30	2011-02-17
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-02-18
	GENERAL ELEC CAP CORP MEDIUM TERM	P	2009-06-30	2011-02-22
	WHITING PETE CORP NEW COM	P	2010-06-30	2011-02-24
	US TREASURY NOTE	P	2010-06-30	2011-02-25
	US TREASURY NOTE	P	2010-06-30	2011-02-25
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-03-02
	US TREASURY NOTE	P	2010-06-30	2011-03-14
	US TREASURY NOTE	P	2010-06-30	2011-03-14
	STRYKER CORP COM	P	2010-06-30	2011-03-16
	HEWLETT PACKARD CO COM	P	2009-06-30	2011-03-18
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-03-21
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-03-24
	LUBRIZOL CORP COM	P	2010-06-30	2011-03-24
	US TREASURY NOTE	P	2010-06-30	2011-03-30
	US TREASURY NOTE	P	2010-06-30	2011-03-30
	BANK NEW YORK MELLON CORP COM	P	2010-06-30	2011-04-11
	BLACKROCK INC COM	P	2010-06-30	2011-04-11
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-04-13
	GENERAL DYNAMICS CORP COM	P	2010-06-30	2011-04-13
	GENERAL DYNAMICS CORP COM	P	2010-06-30	2011-04-13
	MEDTRONIC INC COM	P	2010-06-30	2011-04-13
	US TREASURY NOTE	P	2010-06-30	2011-04-14
	US TREASURY NOTE	P	2010-06-30	2011-04-14
	GENERAL DYNAMICS CORP COM	P	2010-06-30	2011-04-14
	MEDTRONIC INC COM	P	2010-06-30	2011-04-14
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-04-21
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-04-22
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-04-25
	TIME WARNER CABLE INC COM	P	2009-06-30	2011-04-25
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-04-26
	US TREASURY NOTE	P	2010-06-30	2011-04-28
	US TREASURY NOTE	P	2010-06-30	2011-04-28
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-04-29
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-05-03
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-05-03
	PRICELINE COM INC COM NEW	P	2009-06-30	2011-05-03
	INTERNATIONAL BUSINESS MACHS CORP	P	2009-06-30	2011-05-05
	US TREASURY NOTE	P	2010-06-30	2011-05-12
	US TREASURY NOTE	P	2010-06-30	2011-05-12
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-05-13
	NORTHEAST UTILITIES COM	P	2009-06-30	2011-05-13
	NORTHEAST UTILITIES COM	P	2010-06-30	2011-05-16
	NORTHEAST UTILITIES COM	P	2010-06-30	2011-05-16
	NORTHEAST UTILITIES COM	P	2010-06-30	2011-05-16
	ASTON MONTAG & CALDWELL GTH FD CL I	P	2009-06-30	2011-05-19
	MANAGERS AMG FUNDS - TIMESSQUARE	P	2009-06-30	2011-05-19
	CRM MID CAP VALUE FD INSTITUTIONAL	P	2009-06-30	2011-05-19
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-05-20
	BEST BUY INC COM	P	2009-06-30	2011-05-20
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-05-23
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-05-23
	KAYNE ANDERSON MLP INVT CO COM	P	2009-06-30	2011-05-23
	INVESCO SHORT TERM LIQUID ASSET FUND	P	2010-06-30	2011-05-26
	ACCENTURE PLC CLASS A ORDINARY	P	2009-06-30	2011-05-26
	CVS CAREMARK CORP COM	P	2009-06-30	2011-05-26
	US TREASURY NOTE	P	2010-06-30	2011-05-27
	US TREASURY NOTE	P	2010-06-30	2011-05-27

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	5,034	5,034	0
b	1,325	1,325	0
c	19,673	19,673	0
d	2,196	2,196	0
e	24		24
	1,677	1,169	508
	20,557	16,379	4,178
	22,903	23,974	-1,071
	24,677	16,449	8,228
	18,118	9,149	8,969
	14,160	14,133	27
	14,847	16,400	-1,553
	18,674	22,072	-3,398
	8,863	6,970	1,893
	12,835	13,893	-1,058
	10,281	13,935	-3,654
	16,531	13,804	2,727
	12,446	8,404	4,042
	11,539	16,415	-4,876
	2,357	2,957	-600
	1,198	1,198	0
	179	179	0
	58	58	0
	32,430	24,056	8,374
	18,783	17,003	1,780
	23,225	15,390	7,835
	20,498	15,532	4,966
	10,888	4,873	6,015
	31,732	32,095	-363
	17,107	14,248	2,859
	12,465	15,118	-2,653
	26,832	21,563	5,269
	33,494	20,276	13,218
	17,652	13,878	3,774
	15,334	13,441	1,893
	28,691	13,482	15,209
	29,320	24,929	4,391
	37,945	37,569	376
	23,950	21,594	2,356
	56,667	35,459	21,208
	15,143	12,559	2,584
	13,217	13,881	-664
	29,328	20,818	8,510
	25,492	23,842	1,650
	19,954	13,708	6,246
	17,456	11,261	6,195
	19,422	15,410	4,012
	20,768	17,566	3,202
	44,832	38,026	6,806
	12,508	18,361	-5,853
	141,490	61,290	80,200
	10,988	11,232	-244
	11,548	8,801	2,747
	38,551	30,585	7,966
	29,026	26,283	2,743
	21,345	14,088	7,257
	19,572	16,032	3,540
	19,842	15,554	4,288
	18,922	13,739	5,183
	24,427	22,310	2,117
	19,515	15,362	4,153
	23,115	15,355	7,760
	347	253	94
	8,432	7,505	927
	20,574	17,603	2,971
	25,347	15,080	10,267
	5,974	6,437	-463
	14,157	16,184	-2,027
	51,928	52,875	-947
	148,622	145,369	3,253
	126,892	116,610	10,282
	200,531	201,664	-1,133
	169,936	169,936	0
	1,536	1,586	-50
	2,694	3,143	-449
	18	18	0
	1,687	1,700	-13
	597,816	597,816	0
	290,927	290,927	0
	22		22
	60		60
	70	70	0
	5,248	5,340	-92
	169,917	169,917	0
	2,980	2,980	0
	154,814	154,814	0
	388	478	-90
	1,784	1,565	219
	1,921	1,615	306
	1,687	1,270	417
	1,000	830	170
	765	865	-100
	1,382	905	477
	1,936	1,720	216
	16	16	0
	48,949	48,949	0
	2,276	2,276	0
	706	706	0
	3,307	3,125	182
	3,684	3,905	-221
	215		215
	11		11
	27,500	27,500	0
	4,365	6,434	-2,069
	44	51	-7
	83,028	83,028	0
	205	205	0
	934	2,690	-1,756
	1,161	1,161	0
	324,469	324,469	0
	211	211	0
	55	55	0
	4,220	4,355	-135
	9,949	9,581	368
	4,933	4,689	244
	12,074	12,074	0
	10		10
	210		210
	5,560	5,825	-265
	2,633	2,543	90
	8,149	8,004	145
	2,746	2,746	0
	1,711	1,478	233
	1,427	2,177	-750
	1,666	1,968	-302
	1,090	1,867	-777
	5,200	5,200	0
		220	-220
		11	-11
	7,804	7,804	0
	6,176	5,924	252
	8,397	8,220	177
	500	500	0
	4,214	4,214	0
	1,478	1,478	0
	1,756	2,454	-698
	621	621	0
	472	472	0
	12,981	12,825	156
	3,755	3,755	0
		13	-13
		265	-265
	2		2
	35		35
	6,166	5,860	306
	1,457	1,457	0
	5,050	5,050	0
	4,797	4,797	0
	55		55
	3		3
	1,182	1,182	0
	4,797	4,797	0
	5,266	5,266	0
	5,770	5,770	0
	335		335
	16		16
	485	485	0
	652	1,132	-480
	1,515	1,515	0
	375		375
	18		18
	53	53	0
	2,074	2,769	-695
	2,836	2,444	392
	7,622	5,370	2,252
	4,531	3,587	944
	4,963	5,084	-121
	165		165
	8		8
	4,777	4,006	771
	5,165	5,165	0
	4,413	4,413	0
	4,870	4,802	68
	4,844	4,844	0
	1,539	1,539	0
	8		8
	465		465
	1,647		1,647
	305		305
	15		15
	810	810	0
	796	679	117
	958	1,197	-239
	111,678	109,611	2,067
	136	136	0
	2,282	2,290	-8
	110,728	109,250	1,478
	140,000	140,000	0
	1,532	1,532	0
	6,418	5,403	1,015
	4,792	4,893	-101
	6,134	5,778	356
	8,883	8,803	80
	5,437	4,243	1,194
	4,856	4,057	799
	9,374	9,374	0
	2,016	2,193	-177
	10,858	10,983	-125
	450		450
	203		203
	622		622
	340		340
	17		17
	34		34
	4,460	4,460	0
	1,661	2,039	-378
	2,727	2,931	-204
	1,747	1,747	0
	2,500	2,500	0
	7,381	7,381	0
	9,545	8,193	1,352
	2,153	1,823	330
	6		6
	120		120
	1,570	1,570	0
	13	13	0
	1,042	1,019	23
	1,261	1,285	-24
	100,000	100,000	0
	6,032	5,274	758
	54,645	54,608	37
	54,035	54,970	-935
	56,939	51,507	5,432
	9,227	8,398	829
	110,441	107,582	2,859
	115		115
	6		6
	98,125	98,125	0
	601	601	0
	138,362	123,740	14,622
	460		460
	23		23
	305	305	0
	2,577	2,259	318
	1,398	1,241	157
	1,582	1,582	0
	50,000	51,212	-1,212
	155		155
	21		21
	420		420
	49,460	49,460	0
	1,170		1,170
	57		57
	6,291	5,787	504
	21,376	17,106	4,270
	1,602	1,602	0
	301	301	0
	2,946	2,099	847
	1,300		1,300
	64		64
	19,161	19,903	-742
	5,979	5,745	234
	6,568	6,568	0
	2,692	2,619	73
	6,200	6,363	-163
	7,837	8,040	-203
	1,305		1,305
	64		64
	5,289	4,686	603
	7,794	6,455	1,339
	5,704	5,705	-1
	1,613	1,614	-1
	2,190	2,191	-1
	9,008	6,666	2,342
	721	722	-1
	1,310		1,310
	64		64
	646	646	0
	11,609	11,609	0
	280	281	-1
	543	264	279
	8,602	5,383	3,219
	2,440		2,440
	120		120
	1,345	1,346	-1
	10,131	7,904	2,227
	781	569	212
	961	698	263
	1,888	1,368	520
	20,000	18,538	1,462
	5,000	4,267	733
	5,000	4,208	792
	1,647	1,648	-1
	11,626	13,732	-2,106
	1,000	1,000	0
	233,094	233,095	-1
	31,907	29,936	1,971
	9,159	9,159	0
	6,493	3,821	2,672
	6,057	5,845	212
	2,685		2,685
	132		132

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			0
b			0
c			0
d			0
e			24
			508
			4,178
			-1,071
			8,228
			8,969
			27
			-1,553
			-3,398
			1,893
			-1,058
			-3,654
			2,727
			4,042
			-4,876
			-600
			0
			0
			0
			8,374
			1,780
			7,835
			4,966
			6,015
			-363
			2,859
			-2,653
			5,269
			13,218
			3,774
			1,893
			15,209
			4,391
			376
			2,356
			21,208
			2,584
			-664
			8,510
			1,650
			6,246
			6,195
			4,012
			3,202
			6,806
			-5,853
			80,200
			-244
			2,747
			7,966
			2,743
			7,257
			3,540
			4,288
			5,183
			2,117
			4,153
			7,760
			94
			927
			2,971
			10,267
			-463
			-2,027
			-947
			3,253
			10,282
			-1,133
			0
			-50
			-449
			0
			-13
			0
			0
			22
			60
			0
			-92
			0
			0
			0
			-90
			219
			306
			417
			170
			-100
			477
			216
			0
			0
			0
			0
			182
			-221
			215
			11
			0
			-2,069
			-7
			0
			0
			-1,756
			0
			0
			0
			0
			-135
			368
			244
			0
			10
			210
			-265
			90
			145
			0
			233
			-750
			-302
			-777
			0
			-220
			-11
			0
			252
			177
			0
			0
			0
			-698
			0
			0
			156
			0
			-13
			-265
			2
			35
			306
			0
			0
			0
			55
			3
			0
			0
			0
			0
			335
			16
			0
			-480
			0
			375
			18
			0
			-695
			392
			2,252
			944
			-121
			165
			8
			771
			0
			0
			68
			0
			0
			8
			465
			1,647
			305
			15
			0
			117
			-239
			2,067
			0
			-8
			1,478
			0
			0
			1,015
			-101
			356
			80
			1,194
			799
			0
			-177
			-125
			450
			203
			622
			340
			17
			34
			0
			-378
			-204
			0
			0
			0
			1,352
			330
			6
			120
			0
			0
			23
			-24
			0
			758
			37
			-935
			5,432
			829
			2,859
			115
			6
			0
			0
			14,622
			460
			23
			0
			318
			157
			0
			-1,212
			155
			21
			420
			0
			1,170
			57
			504
			4,270
			0
			0
			847
			1,300
			64
			-742
			234
			0
			73
			-163
			-203
			1,305
			64
			603
			1,339
			-1
			-1
			-1
			2,342
			-1
			1,310
			64
			0
			0
			-1
			279
			3,219
			2,440
			120
			-1
			2,227
			212
			263
			520
			1,462
			733
			792
			-1
			-2,106
			0
			-1
			1,971
			0
			2,672
			212
			2,685
			132

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	362,976
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

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

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

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

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

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

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2009	276,843	5,570,865	0.049695
2008	314,403	5,596,607	0.056177
2007	146,708	6,240,334	0.023510
2006	192,100	6,092,224	0.031532
2005	264,500	5,871,631	0.045047

2	Total of line 1, column (d) ......................	2	0.205961
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	0.041192
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	5,801,269
5	Multiply line 4 by line 3.......................	5	238,966
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	4,847
7	Add lines 5 and 6.........................	7	243,813
8	Enter qualifying distributions from Part XII, line 4..............	8	274,050
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	4,847
	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	4,847
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	4,847
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a	3,160
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	1,709
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	4,869
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	22
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax22	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

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

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

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

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

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

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

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

Yes

Website address bullet

n/a

The books are in care of bullet

Eileen C Shapiro Telephone no. bullet

(617) 868-7898

Located at bullet

975 Memorial DriveCambridgeMA ZIP+4 bullet

02138

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
Eileen C Shapiro	President, Treasurer 0.00	0	0	0
975 Memorial Drive Apt 804 Cambridge,MA02138	President, Treasurer 0.00	0	0	0
Reuben E Eaves	Vice-President, Secretary 0.00	0	0	0
975 Memorial Drive Apt 804 Cambridge,MA02138	Vice-President, Secretary 0.00	0	0	0

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









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

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

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

Form 990-PF (2010)

Page 7

Part IX-B

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

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


2


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

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

Part X

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

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

purposes:

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

5,648,351

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

241,262

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

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

5,889,613

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

5,889,613

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

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

88,344

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

5,801,269

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

290,063

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

290,063

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

4,847

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

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

4,847

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

285,216

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

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

285,216

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

285,216

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 ..........

274,050

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

274,050

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)............

4,847

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

269,203

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				285,216
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......			273,723
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: $ 274,050
a Applied to 2009, but not more than line 2a			273,723
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.....				327
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 ..........				284,889
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........	0
8Excess distributions carryover from 2005 not applied on line 5 or line 7 (see page 27 of the instructions) .............	0
9Excess distributions carryover to 2011. Subtract lines 7 and 8 from line 6a ......	0
10 Analysis of line 9:
a Excess from 2006....
b Excess from 2007....
c Excess from 2008....
d Excess from 2009....
e Excess from 2010....

Form 990-PF (2010)

Page 9

Part XIV

Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2010, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

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:

Eileen C Shapiro
975 Memorial Drive Apt 804
Cambridge,MA02138
(410) 561-4411

bThe form in which applications should be submitted and information and materials they should include:

Letter form

cAny submission deadlines:

None

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Charitable - Cultural Institutions

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
Armed Forces Relief Trust Department 6055 Washington,DC200426055	None	501(c)(3)	Charitable	6,500
Boston Landmarks Orchestra 168 Brattle St Cambridge,MA02138	None	501(c)(3)	Educational	7,500
Boston Symphony Orchestra 301 Massachusetts Ave Boston,MA02115	None	501(c)(3)	Educational	10,000
Camp Harbor View Foundation Inc 200 Clarendon St 60th Floor Boston,MA02116	None	501(c)(3)	Educational	3,000
Catholic Schools Foundation Inc 260 Franklin St Ste 630 Boston,MA02110	None	501(c)(3)	Educational	21,000
Charles River Conservancy 4 Brattle St Cambridge,MA02138	None	501(c)(3)	Educational	1,000
Charles River Watershed Association Inc 190 Park Rd Weston,MA024932256	None	501(c)(3)	Educational	1,000
Chatham Marconi Maritime Center Inc PO Box 421 North Chatham,MA02650	None	501(c)(3)	Educational	1,700
Franklin W Olin College of Engineering Milas Hall 204 Olin Way Needham,MA024951200	None	501(c)(3)	Educational	50,000
Harvard Medical School - Neurobiology Graduate Fellowship Fund 401 Park Dr Suite 22 Boston,MA02215	None	501(c)(3)	Educational	50,000
Irvine Nature Center 11201 Garrison Forest Rd Owings Mills,MD21117	None	501(c)(3)	Educational	6,000
Johns Hopkins University - Whiting School of Engineering 3400 N Charles St Baltimore,MD212182694	None	501(c)(3)	Educational	10,000
Lourdes-Noreen McKeen Residence 315 S Flager Dr West Palm Beach,FL334015613	None	501(c)(3)	Charitable	5,000
Massachusetts General Hospital - Division of Trauma 165 Cambridge St Ste 600 Boston,MA02114	None	501(c)(3)	Medical	5,000
Mount Auburn Hospital 330 Mt Auburn St Cambridge,MA02138	None	501(c)(3)	Medical	10,000
Pine Street Inn 444 Harrison Ave Boston,MA021182404	None	501(c)(3)	Educational	20,000
Saint Francis House Inc - Endowment Fund 39 Boylston St Boston,MA02116	None	501(c)(3)	Charitable	12,500
Spaulding Rehabilitation Hospital Corp 125 Nashua St Boston,MA021149979	None	501(c)(3)	Medical	1,000
United Service Organizations Inc PO Box 96860 Washington,DC200877677	None	501(c)(3)	Charitable	10,000
United Way of Massachusetts Bay & Merrimack Valley 51 Sleeper St Boston,MA022101208	None	501(c)(3)	Charitable	25,000
Free for All Concert Fund Inc 175 Federal Street Boston,MA02110	None	501(c)(3)	charitable	5,000
United Way - Cape and Islands 51 Sleeper St Boston,MA022101208	None	501(c)(3)	Charitable	5,000
Foundation To Be Later Named 58 O Street South Boston,MA02127	None	501(c)(3)	Charitable	7,850
Total ................................. 3a				274,050

bApproved for future payment

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

Form 990-PF (2010)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See page 28 of the instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments			14	21
4 Dividends and interest from securities....			14	180,881
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	362,976
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		543,878	0

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

13543,878

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2010)

Page 12

Part XVII

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

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

Yes

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

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If “Yes,” complete the following schedule.

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

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

	Signature of officer or trustee	Date	Title

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

Form 990-PF (2010)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Stock	End of Year Book Value	End of Year Fair Market Value
Securities Account	3,137,977	3,717,960
Fixed Income Investments	1,367,992	1,389,781