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 12-01-2010 , and ending 11-30-2011
G
Check all that apply:
Name of foundation
HENRY NIAS FOUNDATION INC CO RICHARD EDELMAN
 

Number and street (or P.O. box number if mail is not delivered to street address)180 EAST PROSPECT AVENUE   Room/suite
City or town, state, and ZIP code
MAMARONECK, NY10543
A Employer identification number

13-6075785
B Telephone number (see page 10 of the instructions)

(910) 947-5460
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$21,531,577J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 60,742 60,742  
4 Dividends and interest from securities...... 503,790 503,790  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -306,797
b Gross sales price for all assets on line 6a 910,334
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -1,685 0  
12 Total. Add lines 1 through 11........ 256,050 564,532  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 351,000 175,500   175,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 11,205 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,715 0   2,715
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 364,920 175,500   178,215
25 Contributions, gifts, grants paid........ 847,000 847,000
26 Total expenses and disbursements. Add lines 24 and 25 1,211,920 175,500   1,025,215
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -955,870
b Net investment income (if negative, enter -0-) 389,032
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 99,433 283,787 283,787
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 21,130,867 Click to see attachment20,988,474 20,988,474
c Investments—corporate bonds (attach schedule)........ 264,620 Click to see attachment251,725 251,725
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 62,031 Click to see attachment7,591 7,591
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,556,951 21,531,577 21,531,577
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 21,556,951 21,531,577
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).................... 21,556,951 21,531,577
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 21,556,951 21,531,577
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 21,556,951
2 Enter amount from Part I, line 27a...................... 2 -955,870
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 930,496
4 Add lines 1, 2, and 3.......................... 4 21,531,577
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 21,531,577
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 SECURITIES      
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 910,334   1,217,131 -306,797
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -306,797
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -306,797
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2009 990,040 20,925,918 0.047312
2008 964,500 18,523,009 0.052070
2007 930,500 25,138,549 0.037015
2006 1,649,708 27,645,577 0.059673
2005 1,472,591 25,414,764 0.057942
2 Total of line 1, column (d) ...................... 2 0.254012
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 0.050802
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 22,718,363
5 Multiply line 4 by line 3....................... 5 1,154,138
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,890
7 Add lines 5 and 6......................... 7 1,158,028
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,025,215
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 7,781
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 7,781
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 7,781
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 9,600
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,600
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 193
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 1,626
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet1,626 Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletNY
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletRICHARD EDELMAN Telephone no.bullet (910) 947-1616
    Located atbullet277 GLENDALE DRIVECARTHAGENC ZIP+4bullet28327
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........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
    DR STANELY EDELMAN CHAIRMAN
    20.00     		80,000 0 0
    60 EAST END AVENUE
    NEW YORK,NY10028
    CHARLES D FLEISHMAN PRESIDENT
    20.00     		72,000 0 0
    200 PLATT LANE
    MILFORD,CT06460
    RICHARD J EDELMAN TREASURER
    15.00     		64,000 0 0
    277 GLENDALE DR
    CARTHAGE,NC283276827
    BETH ZWEIBEL DIRECTOR
    10.00     		30,000 0 0
    69 NORTH GATE
    AVON,CT06001
    CATHERINE EDELMAN DIRECTOR
    10.00     		30,000 0 0
    2636 WEST MORSE AVE
    CHICAGO,IL60654
    ELLEN FLEISCHMAN-LITSKY DIRECTOR
    10.00     		30,000 0 0
    56 BROWN ROAD
    WAPPINGER FALLS,NY12590
    VICTORIA E TATE DIRECTOR
    10.00     		30,000 0 0
    6652 HOULTON CIRCLE
    LAKE WORTH,FL33467
    WILLIAM F ROSENBERG EMERITUS DIRECTOR
    10.00     		15,000 0 0
    9 PLEASANT VALLEY ROAD
    WESTPORT,CT06880
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    22,506,058
    b
    Average of monthly cash balances.......................
    1b
    558,270
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    23,064,328
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d..........................
    3
    23,064,328
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    345,965
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    22,718,363
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    1,135,918
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,135,918
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    7,781
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,781
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,128,137
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    1,128,137
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    1,128,137
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,025,215
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,025,215
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    1,025,215
    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 1,128,137
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009....... 738,829
    fTotal of lines 3a through e......... 738,829
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 1,025,215
    a Applied to 2009, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2010 distributable amount..... 1,025,215
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2010. 102,922 102,922
    (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 5 635,907
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		635,907
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009.... 635,907
    e Excess from 2010....  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    RICHARD EDELMAN
    277 GLENDALE DRIVE
    CARTHAGE,NC28327
    (910) 947-5460
    bThe form in which applications should be submitted and information and materials they should include:
    NO SPECIAL REQUIREMENTS OTHER THAN NATURE OF ACTIVITY
    cAny submission deadlines:
    AUGUST ANNUALLY
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    N.Y.C. - MEDICAL ARTS, CULTURAL AND GENERAL PHILANTHROPIC
    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
    92ND STREET Y - YOUNG PEOPLES CHORUS OF NEW YORK CITY INC
    1395 LEXINGTON AVENUE
    NEW YORK,NY10128     		NONE PUBLIC MUSIC PROGRAMS 50,000
    AMERICAN JEWISH COMMITTEE
    165 EAST 56TH STREET
    NEW YORK,NY10022     		NONE PUBLIC JEWISH ADVOCACY 5,000
    AMERICAN MUSEUM OF NATURAL HISTORY
    CENTRAL PARK WEST AT 79TH STREET
    NEW YORK,NY10024     		NONE PUBLIC EDUCATION PROGRAMS 5,000
    ANTI-DEFAMATION LEAGUE- B'NAI BRITH
    605 THIRD AVENUE
    NEW YORK,NY10158     		NONE PUBLIC ANTI-DEFAMATION 20,000
    CENTER FOR HEARING AND COMMUNICATION
    50 BROADWAY
    NEW YORK,NY10004     		NONE PUBLIC HEARING ASSESSMENTS AND HEARING AIDS FOR INDIGENT POPULATION IN NEW YORK CIT 25,000
    ASPCA
    424 E 92ND ST
    NEW YORK,NY10128     		NONE PUBLIC SPAY/NEUTER OPERATIONS 8,000
    INMOTION INC
    70 E 36TH STREET 903
    NEW YORK,NY10018     		NONE PUBLIC FREE LEGAL SERVICES 4,000
    BRANDEIS UNIVERSITY
    415 SOUTH ST
    WALTHAM,MA02454     		NONE PUBLIC SCHOLARSHIP 15,000
    BROOKLYN ARTS COUNCIL
    55 WASHINGTON STREET
    BROOKLYN,NY11201     		NONE PUBLIC SCENE BROOKLYN FILM FESTIVAL 7,500
    BYKIDS
    330 WEST END AVE 7A
    NEW YORK,NY10023     		NONE PUBLIC CHILDREN'S DOCUMENTARIES 9,000
    CITY HARVEST INC
    575 EIGHTH AVENUE 4TH FLOOR
    NEW YORK,NY10018     		NONE PUBLIC FOOD DISTRIBUTION PROGRAMS 10,000
    CITYMEALS-ON-WHEELS
    355 LEXINGTON AVENUE
    NEW YORK,NY10017     		NONE PUBLIC MEALS-ON-WHEELS PROGRAM 5,000
    COLUMBIA UNIVERSITY COLLEGE OF P & S
    630 WEST 168TH STREET
    NEW YORK,NY10032     		NONE PUBLIC SCHOLARSHIP 25,000
    DALTON SCHOOL
    108 EAST 89TH STREET
    NEW YORK,NY10128     		NONE PUBLIC ANNUAL MERIT AWARD 22,500
    826NYC
    372 5TH AVENUE
    BROOKLYN,NY11215     		NONE PUBLIC EDUCATION PROGRAMS 4,000
    DEAN COLLEGE
    99 MAIN STREET
    FRANKLIN,MA02038     		NONE PUBLIC SCHOLARSHIP 10,000
    FEDCAP REHABILITATION SERVICES INC
    211 WEST 14TH STREET
    NEW YORK,NY10011     		NONE PUBLIC CHELTON LOFT EMPLOYMENT SERVICES 20,000
    GOD'S LOVE WE DELIVER
    166 AVENUE OF THE AMERICAS
    NEW YORK,NY10013     		NONE PUBLIC MEALS-ON-WHEELS PROGRAM 5,000
    GROOVE WITH ME
    70 E3RD ST 9
    NEW YORK,NY10003     		NONE PUBLIC AFTER SCHOOL DANCE PROGRAM 20,000
    UNIVERSITY OF PENN - WALTER BERGMAN FUND
    3451 WALNUT STREET
    PHILADELPHIA,PA19104     		NONE PUBLIC WALTER BERGMAN LOAN FUND 10,000
    INTERNATIONAL CENTER FOR THE DISABLED
    340 EAST 24TH STREET
    NEW YORK,NY10010     		NONE PUBLIC TRAINING DISABLED PERSONS FOR THE MODERN WORKPLACE, PLACEMENT SERVICES 15,000
    JEWISH ASSOC FOR SERVICES TO THE AGED
    132 WEST 31ST STREET
    NEW YORK,NY10001     		NONE PUBLIC SERVICES TO THE AGED 10,000
    JEWISH BOARD OF FAMILY SERVICES -YOUTH COUNSELING LEAGUE
    120 W 57TH ST
    NEW YORK,NY10019     		NONE PUBLIC YOUTH COUNSELING PROGRAMS 10,000
    JEWISH HOME LIFECARE
    120 WEST 106TH STREET
    NEW YORK,NY10025     		NONE PUBLIC ADULT DAY CARE & O.A.T.S. PROGRAM 21,000
    KINGS BAY YM & YWHA
    3495 NOSTRAND AVENUE
    QUEENS,NY11229     		NONE PUBLIC CHARITY AFTER SCHOOL SERVICES FOR LATCHKEY CHILDREN 5,000
    MARC ACADAMY & FAMILY CENTER
    2105-2111 JEROME AVENUE
    BRONX,NY10453     		NONE PUBLIC AFTER SCHOOL PROGRAM 20,000
    METROPLITAN COUNCIL ON JEWISH POVERTY
    80 MAIDEN LN 21ST FLOOR
    NEW YORK,NY10038     		NONE PUBLIC SOCIAL SERVICES 10,000
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVENUE
    NEW YORK,NY10028     		NONE PUBLIC PURCHASES OF ARTWORKS 15,000
    MONTIFIORE MEDICAL CENTER
    111 EAST 210TH STREET
    BRONX,NY10467     		NONE PUBLIC OUTREACH HEALTH SERVICES FOR HOMEBOUND ELDERS 15,000
    MOUNT SINAI SCHOOL OF MEDICINE OF NEW YORK UNIVERSITY
    1 GUSTAVE LEVY PLACE
    NEW YORK,NY10029     		NONE PUBLIC MEDICAL 55,000
    MUSEUM OF THE CITY OF NEW YORK
    1220 5TH AVE
    NEW YORK,NY10029     		NONE PUBLIC FAO SCHWARTZ CHILDREN'S CENTER SCHOOL PROGRAMS 12,500
    NEW YORK PHILHARMONIC - AVERY FISHER HALL
    10 LINCOLN CENTER PLZ
    NEW YORK,NY10023     		NONE PUBLIC MUSIC PROGRAMS 15,000
    NEW YORK YOUTH SYMPHONY
    850 SEVENTH AVENUE SUITE 505
    NEW YORK,NY10019     		NONE PUBLIC PROVIDE MUSICAL TRAINING AND PERFORMANCE OPPORTUNITIES FOR TALENTED YOUTHS 15,000
    OTSAR FAMILY SERVICES INC
    2324 WEST 13TH STREET
    BROOKLYN,NY11223     		NONE PUBLIC PROVIDE EDUCATIONAL AND COUNSELING SERVICES FOR DISABLED YOUTH 20,000
    PLANNED PARENTHOOD OF NEW YORK CITY
    26 BLEECKER STREET
    NEW YORK,NY10012     		NONE PUBLIC WOMEN'S HEALTH CARE 16,000
    RIVERDALE YM & YWHA
    5625 ARLINGTON AVENUE
    BRONX,NY10471     		NONE PUBLIC AFTER SCHOOL PROGRAM 7,000
    RONALD MCDONALD HOUSE OF NYC INC
    405 EAST 73RD STREET
    NEW YORK,NY10021     		NONE PUBLIC HEALTH CARE SUPPORT 10,000
    ROUNDABOUT THEATER
    231 WEST 39TH STREET SUITE 1200
    NEW YORK,NY10018     		NONE PUBLIC DRAMA PROGRAMS 25,000
    SCOPE
    1375 BROADWAY
    NEW YORK,NY10018     		NONE PUBLIC SCOPE ANTI-GANG EMPOWERMENT PROGRAM 22,000
    STANLEY M ISAACS NEIBORHOOD CTR
    415 EAST 93RD STREET
    NEW YORK,NY10128     		  PUBLIC MEALS-ON-WHEELS PROGRAM 5,000
    SYMPHONY SPACE
    2537 BROADWAY AT 95TH ST
    NEW YORK,NY10025     		NONE PUBLIC PROVIDE LOCAL PERFORMANCES AT LOW OR NO COST 15,000
    THE CHILDREN'S AID SOCIETY YOUNG PEOPLES CHORUS OF NEW YORK CITY INC
    105 E 22ND ST
    NEW YORK,NY10010     		  PUBLIC CHORUS PROGRAM 25,000
    THE DOE FUND- READY WILLING AND ABLE
    232 EAST 84TH STREET
    NEW YORK,NY10028     		NONE PUBLIC READY, WILLING & ABLE REHABILITATION PROGRAM 5,000
    THEATER DEVELOPMENT FUND INC
    1501 BROADWAY
    NEW YORK,NY10036     		  PUBLIC THEATER ACCESS PROGRAM 10,000
    THEATERS AT LINCOLN CENTER
    150 WEST 65TH STREET
    NEW YORK,NY10023     		NONE PUBLIC PERFORMING ARTS 25,000
    THIRD STREET MUSIC SETTLEMENT
    235 EAST 11TH STREET
    NEW YORK,NY10003     		NONE PUBLIC PROVIDE MUSICAL TRAINING AND PERFORMANCE OPPORTUNITIES FOR TALENTED YOUTHS 10,000
    TOWN HALL
    123 WEST 43RD STREET
    NEW YORK,NY10036     		NONE PUBLIC AFTER SCHOOL PROGRAMS 15,000
    TOWNSEND HARRIS ALUMNI ASSOCIATION INC
    14911 MELBOURNE AVE
    FLUSHING,NY11367     		NONE PUBLIC SCHOLARSHIP 25,000
    UJA- FEDERATION OF NEW YORK
    130 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PUBLIC PHILANTHROPIC 25,000
    UNIVERSITY OF NEW HAVEN
    300 ORANGE AVENUE
    WEST HAVEN,CT06516     		NONE PUBLIC SCHOLARSHIP 15,000
    UNIVERSITY OF THE ARTS
    320 S BROAD ST
    PHILADELPHIA,PA19102     		NONE PUBLIC SCHOLARSHIP 15,000
    WHITNEY MUSEUM
    945 MADISON AVENUE
    NEW YORK,NY10021     		NONE PUBLIC ACQUISITION OF ART 15,000
    WILDLIFE CONSERVATION SOCIETY - EDUCATION DIVISION
    2300 SOUTHERN BLVD
    BRONX,NY10460     		NONE PUBLIC BRONX SCHOOL PROGRAMS 15,000
    WNETCHANNEL 13
    450 WEST 33RD STREET
    NEW YORK,NY10001     		NONE PUBLIC REEL NY FILM FESTIVAL 5,000
    WNYC FOUNDATION INC
    ONE CENTRE STREET
    NEW YORK,NY10007     		NONE PUBLIC NEW YORK CITY PUBLIC RADIO STATIONS WNYC AND WQXR 5,000
    NEW YORK CITY BALLET
    LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		NONE PUBLIC BALLET 7,500
    PRIMARY STAGES
    307 WEST 38TH STREET
    NEW YORK,NY10008     		NONE PUBLIC TO INSPIRE AND SUPPORT THE ART OF PLAYWRITING. 6,000
    NATIONAL COUNCIL OF JEWISH WOMEN NEW YORK
    820 SECOND AVENUE 11TH FLOOR
    NEW YORK,NY10017     		NONE PUBLIC RIGHTS OF JEWISH WOMEN 5,000
    Total .................................bullet 3a 847,000
    bApproved for future payment
    Total ..................................bullet 3b 0
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 60,742  
    4 Dividends and interest from securities....     14 503,790  
    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 -306,797  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aPARTNERSHIP LOSS 525990 -1,685      
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -1,685 257,735 0
    13Total. Add line 12, columns (b), (d), and (e)...................
    13256,050
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    HENRY NIAS FOUNDATION INC CO RICHARD EDELMAN
    EIN: 13-6075785
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MBNA AMER BK NTS 251,725 251,725

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    HENRY NIAS FOUNDATION INC CO RICHARD EDELMAN
    EIN: 13-6075785
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 486,240 486,240
    ADOBE SYSTEMS INC 171,375 171,375
    AGIC CONV & INCOME FD II 1,090 1,090
    AIR PROD & CHEMICAL INC 83,750 83,750
    APACHE CORP 298,320 298,320
    AT&T INC 115,920 115,920
    AUTOMATIC DATA PROCESSING 357,630 357,630
    BANK OF NEW YORK MELLON CORP 227,682 227,682
    BERKSHIRE HATHAWAY INC NEW 196,900 196,900
    BEST BUY CO 81,270 81,270
    BROADRIDGE FINANCIAL SOLUTIONS 39,498 39,498
    BLACKROCK ENHANCED DIVID ACHIEVERS TRUST 80,073 80,073
    CALAMOS STRATEGIC TOTAL RETURN FUND 113,670 113,670
    CHESAPEAKE ENERGY CORP 88,690 88,690
    COCA COLA CO COM 537,840 537,840
    COGNIZANT TECH SOLUTIONS CRP 168,375 168,375
    COLGATE PALMOLIVE CO 274,500 274,500
    CORN PRODUCTS INTL INC 103,980 103,980
    CORNING INC 128,719 128,719
    DIAGEO PLC NEW GB 256,830 256,830
    EL PASO CORP 375,150 375,150
    EXEUS INC 44,700 44,700
    EXPRESS SCRIPTS INC 1,095,600 1,095,600
    EXXON MOBIL CORP 764,180 764,180
    FEDEX CORP 166,160 166,160
    FORD MOTOR CO COM NEW 335,172 335,172
    GENERAL ELECTRIC CO 525,030 525,030
    GENUINE PARTS CO 277,875 277,875
    GOLDMAN SACHS GROUP INC 287,580 287,580
    HEWLETT PACKARD CO 55,900 55,900
    HEALTH CARE REIT INC 125,425 125,425
    ING GROEP N V NL SPON ADR 31,280 31,280
    INTEL CORP 224,190 224,190
    ISHARES DOW JONES US OIL & GAS 524,560 524,560
    ISHARES MSCI EAFE INDEX FUND 107,604 107,604
    ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND 204,400 204,400
    ISHARES TRUST DOW JONES TECHNOLOGY SECTOR INDEX FUND 1,425,160 1,425,160
    ISHARES TRUST DOW JONES US CONSUMER SERVICES SECTOR INDEX FUND 61,714 61,714
    ISHARES TRUST RUSSEL 2000 VALUE INDEX FUND 117,270 117,270
    ISHARES TRUST RUSSELL 2000 GROWTH INDEX FUND 127,050 127,050
    ISHARES TRUST RUSSELL MIDCAP GROWTH INDEX FUND 56,080 56,080
    ISHARES TRUST RUSSELL MIDCAP VALUE INDEX FUND 129,480 129,480
    ISHARES TRUST US ENERGY SECTOR INDEX FUND 193,968 193,968
    ITT CORP. 50,425 50,425
    JACOBS ENGINEERING GROUP INC 83,080 83,080
    JOHNSON & JOHNSON INC 906,080 906,080
    KAYNE ANDERSON ENERGY TOTAL RETURN FUND 263,282 263,282
    KAYNE ANDERSON MLP INVESTMENT CO 646,176 646,176
    MCDONALDS CORP 334,320 334,320
    MEDTRONIC INC 182,150 182,150
    MICROSOFT CORP 153,480 153,480
    MONSANTO CO 1,028,300 1,028,300
    MOTOROLA SOLUTIONS INC 106,641 106,641
    MOTOROLA MOBILITY HOLDINGS 78,000 78,000
    NEXTERA ENERGY INC COM 243,936 243,936
    NOVARTIS AG SPON ADR 189,420 189,420
    PEPSICO INC 176,000 176,000
    PITNEY BOWES INC 74,520 74,520
    PRAXAIR 612,000 612,000
    PROCTER & GAMBLE CO 1,549,680 1,549,680
    PROTECTIVE LIFE CORP 66,570 66,570
    REGENERON PHARMACEUTICLS INC 148,550 148,550
    SCHLUMBERGER LTD NETHERLANDS 225,990 225,990
    STARBUCKS CORP 173,920 173,920
    STRYKER CORP 109,868 109,868
    UNTS FT CORPORATE INVEST GRADE SHORT TERM 362,431 362,431
    UNTS FT CORPORATE HIGH INCOME PORTF.SR.1 828,239 828,239
    US BANCORP DEL 274,337 274,337
    VERIZON COMMUNICATIONS 565,950 565,950
    WALGREEN CO 75,870 75,870
    WELLS FARGO & CO 165,504 165,504
    XYLEM INC 119,500 119,500
    ZIMMER HOLDINGS INC 126,375 126,375

    TY 2010 InvestmentsOtherSchedule2
    Name:
    HENRY NIAS FOUNDATION INC CO RICHARD EDELMAN
    EIN: 13-6075785
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ACCRUED INTEREST FMV 7,591 7,591

    TY 2010 OtherExpensesSchedule
    Name:
    HENRY NIAS FOUNDATION INC CO RICHARD EDELMAN
    EIN: 13-6075785
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS 2,715 0   2,715


    TY 2010 OtherIncomeSchedule2
    Name:
    HENRY NIAS FOUNDATION INC CO RICHARD EDELMAN
    EIN: 13-6075785
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PARTNERSHIP LOSS -1,685 0 -1,685


    TY 2010 OtherIncreasesSchedule
    Name:
    HENRY NIAS FOUNDATION INC CO RICHARD EDELMAN
    EIN: 13-6075785
    Description Amount
    UNREALIZED GAIN ON SECURITIES 930,496


    TY 2010 TaxesSchedule
    Name:
    HENRY NIAS FOUNDATION INC CO RICHARD EDELMAN
    EIN: 13-6075785
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 11,205 0   0