FRED & JEAN ALLEGRETTI FOUNDATION — Form 990PF, tax year 2010

View FRED & JEAN ALLEGRETTI FOUNDATION on 990iQ →
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 11-01-2010 , and ending 10-31-2011
G
Check all that apply:
Name of foundation
FRED & JEAN ALLEGRETTI FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)455 W NORTHWEST HIGHWAY   Room/suite
City or town, state, and ZIP code
BARRINGTON, IL60010
A Employer identification number

36-4110761
B Telephone number (see page 10 of the instructions)

(847) 382-7575
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$11,402,422J 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) 1,087,706
2 Check bullet
3 Interest on savings and temporary cash investments 135,181 135,181 135,181
4 Dividends and interest from securities...... 234,619 234,619 234,619
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 99,575
b Gross sales price for all assets on line 6a 1,433,310
7 Capital gain net income (from Part IV, line 2)... 99,575
8 Net short-term capital gain......... 8,815
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 395 395 395
12 Total. Add lines 1 through 11........ 1,557,476 469,770 379,010
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 12,843 12,843 12,843  
15 Pension plans, employee benefits....... 927 926 926  
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 7,257 7,257 7,257  
c Other professional fees (attach schedule).... Click to see attachment 93,139 93,139 93,139  
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 7,500 7,500 7,500  
19 Depreciation (attach schedule) and depletion... Click to see attachment 432    
20 Occupancy.............. 9,450 9,450 9,450  
21 Travel, conferences, and meetings....... 2,603 2,603 2,603  
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 70,170 70,170 70,170  
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 204,321 203,888 203,888 0
25 Contributions, gifts, grants paid........ 528,000 528,000
26 Total expenses and disbursements. Add lines 24 and 25 732,321 203,888 203,888 528,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 825,155
b Net investment income (if negative, enter -0-) 265,882
c Adjusted net income (if negative, enter -0-)... 175,122
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............... 65,438 128,932 128,932
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   140    
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........... 5,810 492 492
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........   Click to see attachment794,567 869,897
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 10,048,359 Click to see attachment10,015,749 10,403,101
14 Land, buildings, and equipment: basis bullet2,695
Less: accumulated depreciation (attach schedule) bullet2,049 1,078 Click to see attachment646  
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 10,120,825 10,940,386 11,402,422
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) Click to see attachment469 Click to see attachment193
23 Total liabilities (add lines 17 through 22).......... 469 193
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 10,120,356 10,940,193
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 10,120,356 10,940,193
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 10,120,825 10,940,386
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 10,120,356
2 Enter amount from Part I, line 27a...................... 2 825,155
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 10,945,511
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 5,318
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 10,940,193
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 NORTHERN TRUST 90102 P 2010-11-01 2011-10-31
b NORTHERN TRUST 90102 P 2010-02-01 2011-10-31
c NORTHERN TRUST 90103 P 2010-11-01 2011-10-31
d NORTHERN TRUST 90103 P 2010-02-01 2011-10-31
e NORTHERN TRUST 90104 P 2010-11-01 2011-10-31
NORTHERN TRUST 90104 P 2010-02-01 2011-10-31
NORTHERN TRUST 90105 P 2010-11-01 2011-10-31
NORTHERN TRUST 90105 P 2010-02-01 2011-10-31
NORTHERN TRUST 90106 P 2010-11-01 2011-10-31
NORTHERN TRUST 90106 P 2010-02-01 2011-10-31
NORTHERN TRUST 90107 P 2010-11-01 2011-10-31
NORTHERN TRUST 90107 P 2010-02-01 2011-10-31
NORTHERN TRUST P 2010-11-01 2011-10-31
(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 442,471   464,627 -22,156
b 119,732   96,763 22,969
c 61,946   58,409 3,537
d 95,647   80,670 14,977
e 10,528   7,795 2,733
8,245   6,541 1,704
27,662   21,031 6,631
18,568   13,920 4,648
179,526   185,458 -5,932
85,880   92,075 -6,195
186,020   162,431 23,589
156,667   144,015 12,652
413     413
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       -22,156
b       22,969
c       3,537
d       14,977
e       2,733
      1,704
      6,631
      4,648
      -5,932
      -6,195
      23,589
      12,652
      413
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 99,575
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 8,815
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 548,803 10,518,290 0.052176
2008 560,492 10,995,864 0.050973
2007 516,987 11,338,455 0.045596
2006 563,547 11,503,419 0.048990
2005 641,903 11,730,896 0.054719
2 Total of line 1, column (d) ...................... 2 0.252454
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 0.050491
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 11,853,524
5 Multiply line 4 by line 3....................... 5 598,496
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,659
7 Add lines 5 and 6......................... 7 601,155
8 Enter qualifying distributions from Part XII, line 4.............. 8 528,000
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 5,318
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  
3 Add lines 1 and 2............................ 3 5,318
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,318
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 5,810
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 5,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 10,810
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 5,492
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet5,492 Refunded Bullet 11  
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)bulletIL
    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.Click to see attachment
    10
    Yes
     
    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 addressbulletFJALLEGRETTIFOUNDATION@GMAIL.COM
    14
    The books are in care ofbulletCAROL ALLEGRETTI Telephone no.bullet (847) 382-7575
    Located atbullet455 W NORTHWEST HWY STE 10BARRINGTONIL ZIP+4bullet60010
    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
     
     
    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
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    KAREN ALLEGRETTIClick to see attachment DIRECTOR
    2.00     		0 0 0
    214 BILTMORE
    BARRINGTON,IL60010
    THOMAS BUCAROClick to see attachment SECRETARY
    2.00     		0 0 0
    53 W JACKSON BLVD STE 820
    CHICAGO,IL60604
    CAROL ALLEGRETTIClick to see attachment PRESIDENT
    2.00     		0 0 0
    3351 SHADY BEND ROAD
    FT MYERS,FL33905
    JAMES ALLEGRETTIClick to see attachment TREASURER
    2.00     		0 0 0
    3351 SHADY BEND ROAD
    FT MYERS,FL33905
    KIM ALLEGRETTIClick to see attachment DIRECTOR
    2.00     		0 0 0
    6051 S LIMA WAY
    ENGLEWOOD,CO80111
    MARY ELLEN RIZZOClick to see attachment CONSULTANT
    2.00     		0 0 0
    1 E NORTHWEST HWY 108
    PALATINE,IL60067
    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  
    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)
    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 N/A  
    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.)
    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
    11,782,218
    b
    Average of monthly cash balances.......................
    1b
    251,170
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    647
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,034,035
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d..........................
    3
    12,034,035
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    180,511
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,853,524
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    592,676
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    592,676
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    5,318
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,318
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    587,358
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    587,358
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    587,358
    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
    528,000
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    528,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    528,000
    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 7 587,358
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 525,410
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 528,000
    a Applied to 2009, but not more than line 2a 525,410
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2010 distributable amount..... 2,590
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2010.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		584,768
    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) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010....  
    Form 990-PF (2010)
    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).)
    CAROL ALLEGRETTI
    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:
    CAROL ALLEGRETTI
    455 W NORTHWEST HIGHWAY
    SUITE 10
    BARRINGTON,IL60010
    (847) 382-7575
    bThe form in which applications should be submitted and information and materials they should include:
    PROPOSAL FORMAT
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    ADVOCATE GOOD SHEPERD HOS
    450 W HIGHWAY 22
    BARRINGTON,IL60010     		NONE   GENERAL 10,000
    ALZHEIMER'S ASSOC FLORIDA
    9220 BONITA BEACH STE 223
    BONITA SPRINGS,FL34135     		NONE   GENERAL 10,000
    ANGEL EYES
    425 S CHERRY ST STE 560
    DENVER,CO80246     		NONE   GENERAL 5,000
    ANIMAL LEGAL DEFENSE FUND
    170 E COTATI AVE
    COTATI,CA94931     		NONE   GENERAL 2,500
    ANIMAL REFUGE CENTER
    18011 OLD BAYSHORE RD
    N FT MYERS,FL33917     		NONE   GENERAL 10,000
    ASSISI ANIMAL FOUNDATION
    9221 LUCAS RD
    CRYSTAL LAKE,IL60014     		NONE   GENERAL 15,000
    BARRINGTON AREA
    COUNCIL ON AGING
    6000 GARLANDS LANE STE 10
    BARRINGTON,IL60010     		NONE   GENERAL 5,000
    BRAVEHEARTS THERAPEUTIC
    RIDING EDUCATION CENTER
    7319 MAXON ROAD
    HARVARD,IL60033     		NONE   GENERAL 5,000
    CALUMET THEATRE
    340 SIXTH ST PO BOX 167
    CALUMET,MI49913     		NONE   GENERAL 10,000
    CANINE COMPANIONS
    FOR INDEPENDENCE
    PO BOX 2290
    ROGERS,AR72757     		NONE   GENERAL 20,000
    COMMUNITY COOPERTIVE
    MINISTRIES
    PO BOX 2143
    FT MYERS,FL33902     		NONE   GENERAL 5,000
    CU FOUNDATION
    LAW SCHOOL DEVELOPMENT
    BOULDER,CO80309     		NONE   GENERAL 5,000
    DISABLED PATRIOT FUND
    10767 W 163RD PLACE
    ORLAND PARK,IL60467     		NONE   GENERAL 10,000
    FAMILY TREE INC
    3805 MARSHALL STREET
    WHEAT RIDGE,CO80033     		NONE   GENERAL 7,500
    FLORIDA REPERTORY COMPANY
    PO BOX 2483
    FT MYERS,FL33901     		NONE   GENERAL 10,000
    FRONT RANGE EQUINE RESCUE
    PO BOX 307
    LARKSPUR,CO80118     		NONE   GENERAL 5,000
    GATHERING PLACE
    1535 HIGH STREET
    DENVER,CO80218     		NONE   GENERAL 10,000
    GREAT LAKES ADAPTIVE
    SPORTS ASSOCIATION
    400 E ILLINOIS ROAD
    LAKE FOREST,IL60045     		NONE   GENERAL 5,000
    GUERIN COLLEGE PREP
    8001 W BELMONT AVENUE
    RIVER GROVE,IL60171     		NONE   GENERAL 20,000
    GULF COAST HUMANE SOCIETY
    2010 ARCADIA STREET
    FT MYERS,FL33916     		NONE   GENERAL 5,000
    HABITAT FOR HORSES
    PO BOX 213
    HITCHCOCK,TX77563     		NONE   GENERAL 10,000
    HABITAT FOR HUMANITY
    1288 N TAMIAMI TR
    N FT MYERS,FL33903     		NONE   GENERAL 10,000
    HARPER COLLEGE -
    EDUCATION FOUNDATION
    1200 W ALGONQUIN RD
    PALATINE,IL60067     		NONE   GENERAL 10,000
    HARRY CHAPIN FOOD BANK
    3760 FOWLER STREET
    FT MYERS,FL33901     		NONE   GENERAL 15,000
    HOOVED ANIMAL RESCUE
    & PROTECTION SOCIETY
    331 OLD SUTTON RD
    BARRINGTON HILLS,IL60010     		NONE   GENERAL 5,000
    HOPE HOUSE OF COLORADO
    PO BOX 740568
    ARVADA,CO80003     		NONE   GENERAL 5,000
    HOSPICE & PALLIATIVE
    CARE OF NORTHEASTERN IL
    405 LAKE ZURICH ROAD
    BARRINGTON,IL60010     		NONE   GENERAL 20,000
    HOUSING OPPORTUNITIES
    & MAINTENANCE FOR THE ELDERLY
    1419 W CARROLL AVE FL2
    CHICAGO,IL60607     		NONE   GENERAL 15,000
    HUMANE FARMING ASSOC
    PO BOX 3577
    SAN RAFAEL,CA94901     		NONE   GENERAL 5,000
    INJURED MARINE SEMPER FI
    PO BOX 555193
    PENDELTON,CA92055     		NONE   GENERAL 10,000
    KATIBUG AND FRIENDS
    PO BOX 421
    WILDWOOD,IL60030     		NONE   GENERAL 8,000
    LARABIDA CHILDRENS' HOSP
    6501 S PROMONOTARY DR
    CHICAGO,IL60649     		NONE   GENERAL 20,000
    LIFESAVERS INC
    23809 EAST AVE J
    LANCASTER,CA93535     		NONE   GENERAL 5,000
    LITTLE SISTERS OF THE POO
    ST MARY'S HOME FOR THE ELDERLY
    2325 NORTH LAKEWOOD AVE
    CHICAGO,IL60614     		NONE   GENERAL 10,000
    MAKE- A-WISH FOUNDATION
    640 N LASALLE ST
    CHICAGO,IL60610     		NONE   GENERAL 10,000
    METRO VOLUNTEER LAWYERS
    1905 SHERMAN ST STE 400
    DENVER,CO80203     		NONE   GENERAL 7,500
    MISERICORDIA HOME
    6300 N RIDGE AVE
    RIVERWOODS,IL60660     		NONE   GENERAL 20,000
    NIGHT MINISTRY
    4711 N RAVENSWOOD AVE
    CHICAGO,IL60640     		NONE   GENERAL 10,000
    NISRA FOUNDATION
    285 MEMORIAL DRIVE
    CRYSTAL LAKE,IL60014     		NONE   GENERAL 5,000
    NOAH'S ARK REHAB CTR
    712 LOCUST GROVE-GRIFFIN
    LOCUST GROVE,GA30248     		NONE   GENERAL 10,000
    NORTHERN IL FOOD BANK
    600 INDUSTRIAL DRIVE
    ST CHARLES,IL60174     		NONE   GENERAL 15,000
    OPERATION NORTH POLE
    50 W OAKTON STREET
    DES PLAINES,IL60018     		NONE   GENERAL 5,000
    PAWS
    1110 W 35TH ST
    CHICAGO,IL60609     		NONE   GENERAL 2,500
    PIONEER CENTER - MCHENRY
    COUNTY PADS
    14411 KISHWASUKEE VALLEY
    WOODSTOCK,IL60098     		NONE   GENERAL 10,000
    RESCUE RIDERS
    1144 E STATE STREET
    GENEVA,IL60134     		NONE   GENERAL 5,000
    SALVATION ARMY-LEE COUNTY
    10291 MC GREGOR BLVD
    FT MYERS,FL33919     		NONE   GENERAL 10,000
    SAN MIGUEL SCHOOL
    1949 W 48TH STREET
    CHICAGO,IL60609     		NONE   GENERAL 10,000
    ST EUGENE SCHOOL
    7930 WEST FOSTER AVE
    CHICAGO,IL60656     		NONE   GENERAL 5,000
    ST JUDE'S CHILDREN'S
    HOSPITAL
    501 ST JUDE PLACE
    MEMPHIS,TN38105     		NONE   GENERAL 10,000
    ST PATRICK HIGH SCHOOL
    5900 W BELMONT AVENUE
    CHICAGO,IL60634     		NONE   GENERAL 20,000
    SUNDANCE INSTITTUTE
    PO BOX 684429
    PARK CITY,UT84068     		NONE   GENERAL 5,000
    VETS4VETS
    596 N ARIZONA ESTATES
    TUCSON,AZ85748     		NONE   GENERAL 15,000
    VOLUNTEERS FOR OUTDOOR
    COLORADO
    600 S MARION PARKWAY
    DENVER,CO80209     		NONE   GENERAL 7,500
    WOMEN IN NEED GROWING
    STRONGER
    PO BOX 95615
    PALATINE,IL60095     		NONE   GENERAL 15,000
    WOMEN'S BEAN PROJECT
    3201 CURTIS STREET
    DENVER,CO80205     		NONE   GENERAL 7,500
    Total .................................bullet 3a 528,000
    bApproved for future payment
    Total ..................................bullet 3b  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 135,181  
    4 Dividends and interest from securities....     14 234,619  
    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.....         395
    8Gain or (loss) from sales of assets other than inventory         99,575
    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)..   369,800 99,970
    13Total. Add line 12, columns (b), (d), and (e)...................
    13469,770
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2010
    Name of organization
    FRED & JEAN ALLEGRETTI FOUNDATION
     
    Employer identification number

    36-4110761
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule—
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
    Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part I
    Name of organization
    FRED & JEAN ALLEGRETTI FOUNDATION
          		Employer identification number

    36-4110761
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    1
     
     

    ESTATE OF JOSEPH ZIELINSKI    
    3351 SHADY BEND
       
    FT MYERS, FL   33905

    		$994,567




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    2
     
     

    ESTATE OF JEAN ALLEGRETTI    
    3351 SHADY BEND DRIVE
       
    FT MYERS, FL   33905

    		$93,139




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is
    a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 2 of Part II
    Name of organization
    FRED & JEAN ALLEGRETTI FOUNDATION
          		Employer identification number

    36-4110761
    Part II
    Noncash Property (see Instructions)
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 173.25 SH EXELON   $7,148 2010-11-08
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 1584 SH INTERGRYS   $83,699 2011-11-08
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 6900 SH OCCIDENTAL PETROLEUM   $578,910 2010-11-08
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 76 SH ALCATEL-LUCENT   $242 2010-11-08
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 41 SH METLIFE   $1,710 2010-11-08
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 4167 SH AT&T   $121,051 2011-11-08
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 2 of 2 of Part II
    Name of organization
    FRED & JEAN ALLEGRETTI FOUNDATION
          		Employer identification number

    36-4110761
    Part II
    Noncash Property (see Instructions)
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 87 SH COMCAST   $1,807 2011-11-08
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part III
    Name of organization
    FRED & JEAN ALLEGRETTI FOUNDATION
          		Employer identification number

    36-4110761
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2010 AccountingFeesSchedule
    Name:
    FRED & JEAN ALLEGRETTI FOUNDATION
    EIN: 36-4110761
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 3,857 3,857 3,857  
    TAX PREPARATION 3,400 3,400 3,400  

    TY 2010 CompensationExplanation
    Name:
    FRED & JEAN ALLEGRETTI FOUNDATION
    EIN: 36-4110761
    Person Name Explanation
    KAREN ALLEGRETTI  
    THOMAS BUCARO  
    CAROL ALLEGRETTI  
    JAMES ALLEGRETTI  
    KIM ALLEGRETTI  
    MARY ELLEN RIZZO  

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

    TY 2010 DepreciationSchedule
    Name:
    FRED & JEAN ALLEGRETTI FOUNDATION
    EIN: 36-4110761
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    COMPUTER 2010-01-22 2,695 1,617 200DB 5.0000 432      

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    FRED & JEAN ALLEGRETTI FOUNDATION
    EIN: 36-4110761
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EXELON 7,148 7,717
    OCCIDENTAL PETROLEUM 578,910 651,291
    ALCATEL-LUCENT 242 209
    METLIFE 1,710 1,464
    AT&T 121,051 122,822
    COMCAST 1,807 2,054
    INTERGRYS 83,699 84,340

    TY 2010 InvestmentsOtherSchedule2
    Name:
    FRED & JEAN ALLEGRETTI FOUNDATION
    EIN: 36-4110761
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NORTHERN TRUST INVESTMENT ACCTS   10,015,749 10,403,101

    TY 2010 LandEtcSchedule2
    Name:
    FRED & JEAN ALLEGRETTI FOUNDATION
    EIN: 36-4110761
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
      2,695 2,049 646  


    TY 2010 OtherDecreasesSchedule
    Name:
    FRED & JEAN ALLEGRETTI FOUNDATION
    EIN: 36-4110761
    Description Amount
    FEDERAL EXCISE TAX 10/31/11 5,318


    TY 2010 OtherExpensesSchedule
    Name:
    FRED & JEAN ALLEGRETTI FOUNDATION
    EIN: 36-4110761
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK/INVESTMENT FEES 66,296 66,296 66,296  
    DUES SUBSCRIPTIONS 45 45 45  
    INSURANCE 1,491 1,491 1,491  
    IL ANNUAL FILING FEE 15 15 15  
    OFFICE SUPPLIES 2,176 2,176 2,176  
    POSTAGE 147 147 147  


    TY 2010 OtherIncomeSchedule2
    Name:
    FRED & JEAN ALLEGRETTI FOUNDATION
    EIN: 36-4110761
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS INCOME 395 395 395


    TY 2010 OtherLiabilitiesSchedule
    Name:
    FRED & JEAN ALLEGRETTI FOUNDATION
    EIN: 36-4110761
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYROLL TAXES PAYABLE 469 193


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    FRED & JEAN ALLEGRETTI FOUNDATION
    EIN: 36-4110761
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ESTATE OF JOSEPH R ZIELINSK 93,139 93,139 93,139  


    TY 2010 SubstantialContributorsSch
    Name:
    FRED & JEAN ALLEGRETTI FOUNDATION
    EIN: 36-4110761
    Name Address
    ESTATE OF JOSEPH ZIELINSKI 3351 SHADY BEND
    FT MYERS,FL33905


    TY 2010 TaxesSchedule
    Name:
    FRED & JEAN ALLEGRETTI FOUNDATION
    EIN: 36-4110761
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT MGMT SUBSCRIPTION LICENSE 7,500 7,500 7,500