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
THE ACCESS STRATEGIES FUND
 

Number and street (or P.O. box number if mail is not delivered to street address)675 MASSACHUSETTS AVENUE   Room/suite
City or town, state, and ZIP code
CAMBRIDGE, MA02139
A Employer identification number

04-3464581
B Telephone number (see page 10 of the instructions)

(617) 494-0715
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$7,855,443J 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) 165,300
2 Check bullet
3 Interest on savings and temporary cash investments 32 32  
4 Dividends and interest from securities...... 220,843 220,843  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -139,361
b Gross sales price for all assets on line 6a 2,619,774
7 Capital gain net income (from Part IV, line 2)...  
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 81,117 81,117  
12 Total. Add lines 1 through 11........ 327,931 301,992  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 15,000     15,000
14 Other employee salaries and wages...... 173,744     173,744
15 Pension plans, employee benefits....... 41,740     41,740
16a Legal fees (attach schedule)......... 2,565 0 0 2,565
b Accounting fees (attach schedule)....... 34,869 0 0 34,869
c Other professional fees (attach schedule).... Click to see attachment 73,628 73,628    
17 Interest............... 210     210
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 24,525 11,148   13,377
19 Depreciation (attach schedule) and depletion... Click to see attachment 4,450    
20 Occupancy.............. 12,294     12,294
21 Travel, conferences, and meetings....... 18,037     18,037
22 Printing and publications.......... 5,629     5,629
23 Other expenses (attach schedule)....... Click to see list of attachments 80,216 792   79,424
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 486,907 85,568 0 396,889
25 Contributions, gifts, grants paid........ 198,280 198,280
26 Total expenses and disbursements. Add lines 24 and 25 685,187 85,568 0 595,169
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -357,256
b Net investment income (if negative, enter -0-) 216,424
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.......... 551,158 271,624 271,624
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........... 2,881 5,803 5,803
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 2,588,403 Click to see attachment3,764,486 4,204,289
c Investments—corporate bonds (attach schedule)........ 1,302,581 Click to see attachment1,318,034 1,301,835
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 3,343,499 Click to see attachment2,066,481 2,062,884
14 Land, buildings, and equipment: basis bullet36,778
Less: accumulated depreciation (attach schedule) bullet33,240 7,988 Click to see attachment3,538 3,538
15 Other assets (describe bullet) Click to see attachment2,440 Click to see attachment5,470 Click to see attachment5,470
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,798,950 7,435,436 7,855,443
Liabilities 17 Accounts payable and accrued expenses.......... 1,366 3,483
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).......... 1,366 3,483
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 7,797,584 7,431,953
30 Total net assets or fund balances (see page 17 of the
instructions).................... 7,797,584 7,431,953
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 7,798,950 7,435,436
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 7,797,584
2 Enter amount from Part I, line 27a...................... 2 -357,256
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 27,411
4 Add lines 1, 2, and 3.......................... 4 7,467,739
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 35,786
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 7,431,953
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 190 SHS 3M COMPANY P 2008-01-13 2011-02-18
b 320 SHS BAXTER INT'L INC P 2009-06-23 2011-04-20
c 300 SHS BECTON DICKINSON P 2009-04-30 2011-04-27
d 460 SHS BEST BUY CO P 2010-06-15 2011-04-15
e 60 SHS BIOGEN IDEC INC P 2008-03-07 2011-03-03
80 SHS BIOGEN IDEC INC P 2008-04-24 2011-03-03
160 SHS BIOGEN IDEC INC P 2009-10-22 2011-03-03
20 SHS CERNER CORP P 2008-03-06 2011-02-08
130 SHS CERNER CORP P 2008-03-06 2011-09-21
510 SHS CHECK PT SOFTWARE TECH P 2007-09-28 2011-07-21
250 SHS CLOROX CO P 2007-06-28 2011-01-03
175 SHS CLOROX CO P 2007-08-02 2011-01-03
440 SHS HEWLETT PACKARD CO P 2011-02-28 2011-09-23
340 SHS HUBBELL INC CL B P 2008-03-27 2011-03-02
1675 SHS HUDSON CITY BANCORP P 2011-02-03 2011-03-02
900 SHS IDACORP INC P 2007-06-12 2011-10-25
55 SHS ITRON INC P 2008-09-18 2011-02-15
390 SHS J CREW GROUP INC P 2010-09-17 2011-02-14
3000 SHS JA SOLAR HOLDINGS LTD P 2011-05-12 2011-09-14
870 SHS KON PHILIPS ELEC NV P 2010-12-16 2011-05-05
33 SHS KON PHILIPS ELEC NV P 2011-05-04 2011-05-05
50 SHS KYOCERA LTD ADR P 2008-09-22 2011-03-16
40 SHS KYOCERA LTD ADR P 2008-10-08 2011-03-16
340 SHS MEDTRONIC INC P 2007-06-12 2011-02-15
135 SHS MEDTRONIC INC P 2007-06-12 2011-04-12
345 SHS MEDTRONIC INC P 2008-11-18 2011-04-12
1100 SHS MEMC ELECTR MATERIALS P 2010-02-04 2011-02-16
465 SHS NOVARTIS AG SPON ADR P 2007-06-12 2011-08-02
320 SHS QUEST DIAGNOSTICS INC P 2008-03-27 2011-10-27
120 SHS QUEST DIAGNOSTICS INC P 2010-03-04 2011-10-27
240 SHS ROTH & RAU AG ORD P 2008-03-17 2011-01-05
100 SHS ROTH & RAU AG ORD P 2008-04-14 2011-01-05
640 SHS STR HOLDINGS INC P 2011-02-03 2011-03-15
185 SHS STR HOLDINGS INC P 2011-02-04 2011-03-15
300 SHS TRINA SOLAR LTD ADR P 2010-05-25 2011-01-19
680 SHS TRINA SOLAR LTD ADR P 2010-05-25 2011-06-08
205 SHS VERIZON COMMUNICATIONS P 2008-02-20 2011-01-05
430 SHS AT&T CORP P 2008-06-26 2010-12-07
145 SHS ANADARKO PETROLEUM P 2008-10-08 2010-11-05
255 SHS EXXON MOBIL CORPORATION P 2008-07-17 2010-11-10
430 SHS GAMESA CP TECH NEW ORD P 2007-09-27 2010-12-09
250 SHS MEDICAL ACTION INDS INC P 2010-03-19 2010-11-02
735 SHS PAYCHEX INC P 1999-06-11 2011-08-17
150 SHS CANADIAN NATL RAILWAY P 2006-07-10 2011-07-06
500 SHS DENTSPLY INT'L P 2004-03-11 2011-07-06
155 SHS QUALCOMM INC P 1999-10-18 2011-07-06
675 SHS HOME DEPOT INC P 1999-06-11 2011-07-06
612 SHS HOME DEPOT INC P 1999-07-08 2011-07-06
300 SHS STARBUCKS CORP P 2000-09-11 2011-07-06
DOMESTIC BANK (CRANSTON RI) CD 1.1% P 2010-09-03 2011-05-03
150 SHS SUNPOWER CORP CL B P 2009-06-11 2011-05-24
50 SHS SUNPOWER CL B P 2009-02-17 2011-05-27
25 SHS SUNPOWER CORP CL B P 2009-06-11 2011-05-27
100 SHS SUNPOWER CORP CL B P 2009-02-17 2011-05-31
650 SHS STATE STREET CORP P 1999-10-18 2011-04-15
275 SHS GENZYME CORP P 2009-10-16 2010-12-10
350 SHS AMGEN INC P 2002-07-11 2010-12-10
WINTHROP FEDL CREDIT UNION CD 3.25% P 2007-11-30 2010-11-30
4850.176 COMMODITYREALRETURN STRATEGY FUND P 2005-12-29 2010-11-12
4282.244 COMMODITYREALRETURN STRATEGY P 2006-01-03 2010-11-12
10810.811 COMMODITYREALRETURN STRATEGY P 2006-01-03 2011-01-24
1618.175 COMMODITYREALRETURN STRATEGY P 2006-01-03 2011-03-24
321.94 COMMODITYREALRETURN STRATEGY P 2006-06-22 2011-03-24
238.094 COMMODITYREALRETURN STRATEGY P 2006-09-21 2011-03-24
1464.289 COMMODITYREALRETURN STRATEGY P 2006-12-27 2011-03-24
515.506 COMMODITYREALRETURN STRATEGY P 2007-03-22 2011-03-24
123.278 COMMODITYREALRETURN STRATEGY P 2007-03-22 2011-07-06
892.293 COMMODITYREALRETURN STRATEGY P 2007-06-21 2011-07-06
931.707 COMMODITYREALRETURN STRATEGY P 2007-09-20 2011-07-06
1759.94 COMMODITYREALRETURN STRATEGY P 2007-12-27 2011-07-06
923.322 COMMODITYREALRETURNSTRATEGY P 2008-03-20 2011-07-06
689.155 COMMODITYREALRETURN STRATEGY P 2008-06-19 2011-07-06
342.819 COMMODITYREALRETURN STRATEGY P 2008-09-18 2011-07-06
3544.918 PIMCO TOTAL RETURN FUND III P 2008-12-10 2011-07-06
1865.328 PIMCO TOTAL RETURN FUND III P 2008-12-10 2011-07-06
905.239 PIMCO TOTAL RETURN FUND III P 2008-12-31 2011-07-06
935.13 PIMCO TOTAL RETURN FUND III P 2009-01-30 2011-07-06
433.811 PIMCO TOTAL RETURN FUND III P 2009-02-27 2011-07-06
737.926 PIMCO TOTAL RETURN FUND III P 2009-02-27 2011-10-21
1105.188 PIMCO TOTAL RETURN FUND III P 2009-03-31 2011-10-21
898.887 PIMCO TOTAL RETURN FUND III P 2009-04-30 2011-10-21
903.62 PIMCO TOTAL RETURN FUND III P 2009-05-29 2011-10-21
805.986 PIMCO TOTAL RETURN FUND III P 2009-06-30 2011-10-21
816.374 PIMCO TOTAL RETURN FUND III P 2009-07-31 2011-10-21
738.78 PIMCO TOTAL RETURN FUND III P 2009-08-31 2011-10-21
753.441 PIMCO TOTAL RETURN FUND III P 2009-09-30 2011-10-21
6481.323 PIMCO TOTAL RETURN FUND III P 2009-10-02 2011-10-21
70 SHS PEARSON PLC ADR P 2011-09-19 2011-10-06
35 SHS TORAY INDS INC ADR P 2011-09-19 2011-10-07
BC INTL SOCIAL FUND-LIQUIDATN P 2006-01-01 2011-09-20
CARDINAL HEALTH INC - CLASS ACTION SETTLEMENT P   2010-12-31
AMERICAN INTL GROUP - CLASS ACTION SETTLEMENT P   2011-01-31
(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 17,590   13,831 3,759
b 17,371   16,122 1,249
c 25,494   18,342 7,152
d 13,205   17,777 -4,572
e 4,287   3,402 885
5,716   5,078 638
11,433   7,487 3,946
1,982   868 1,114
9,131   2,821 6,310
30,216   12,742 17,474
15,295   15,448 -153
10,706   10,020 686
9,730   19,214 -9,484
22,966   14,821 8,145
17,005   18,246 -1,241
36,038   28,495 7,543
3,496   5,000 -1,504
16,925   13,215 3,710
7,381   19,104 -11,723
26,426   26,013 413
971   957 14
4,338   3,894 444
3,470   2,638 832
13,399   17,735 -4,336
5,429   7,042 -1,613
13,874   11,114 2,760
16,027   13,198 2,829
27,885   25,379 2,506
18,058   14,569 3,489
6,772   6,702 70
4,128   12,351 -8,223
1,720   4,930 -3,210
11,482   12,469 -987
3,319   3,609 -290
8,375   5,018 3,357
13,353   11,373 1,980
7,575   6,401 1,174
12,328   14,652 -2,324
9,696   5,088 4,608
18,009   17,079 930
2,842   17,765 -14,923
2,479   3,273 -794
19,855   13,046 6,809
11,950   6,619 5,331
19,400   11,125 8,275
9,088   3,709 5,379
24,624   26,858 -2,234
22,325   26,570 -4,245
12,108   2,751 9,357
50,000   50,000  
3,098   4,376 -1,278
1,035   1,365 -330
517   729 -212
2,075   2,729 -654
29,408   19,170 10,238
19,304   15,328 3,976
18,756   11,671 7,085
50,000   50,000  
42,436   71,491 -29,055
37,564   64,062 -26,498
100,000   161,730 -61,730
15,567   24,208 -8,641
3,097   4,526 -1,429
2,290   3,274 -984
14,086   20,368 -6,282
4,959   7,434 -2,475
1,089   1,778 -689
7,879   12,626 -4,747
8,227   14,031 -5,804
15,540   28,370 -12,830
8,153   16,629 -8,476
6,085   13,728 -7,643
3,027   4,930 -1,903
34,598   30,664 3,934
18,206   16,135 2,071
8,835   8,066 769
9,127   8,201 926
4,234   3,718 516
6,966   6,324 642
10,433   9,681 752
8,485   8,000 485
8,530   8,250 280
7,609   7,367 242
7,707   7,592 115
6,974   6,959 15
7,112   7,180 -68
61,184   61,897 -713
1,253   1,260 -7
2,533   2,445 88
1,223,604   1,384,883 -161,279
566   0 566
119   0 119
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       3,759
b       1,249
c       7,152
d       -4,572
e       885
      638
      3,946
      1,114
      6,310
      17,474
      -153
      686
      -9,484
      8,145
      -1,241
      7,543
      -1,504
      3,710
      -11,723
      413
      14
      444
      832
      -4,336
      -1,613
      2,760
      2,829
      2,506
      3,489
      70
      -8,223
      -3,210
      -987
      -290
      3,357
      1,980
      1,174
      -2,324
      4,608
      930
      -14,923
      -794
      6,809
      5,331
      8,275
      5,379
      -2,234
      -4,245
      9,357
       
      -1,278
      -330
      -212
      -654
      10,238
      3,976
      7,085
       
      -29,055
      -26,498
      -61,730
      -8,641
      -1,429
      -984
      -6,282
      -2,475
      -689
      -4,747
      -5,804
      -12,830
      -8,476
      -7,643
      -1,903
      3,934
      2,071
      769
      926
      516
      642
      752
      485
      280
      242
      115
      15
      -68
      -713
      -7
      88
      -161,279
      566
      119
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 -139,361
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 564,190 7,570,878 0.074521
2008 447,155 6,480,847 0.068996
2007 584,696 8,911,021 0.065615
2006 469,253 8,940,304 0.052487
2005 582,388 8,418,739 0.069178
2 Total of line 1, column (d) ...................... 2 0.330797
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 0.066159
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 8,290,210
5 Multiply line 4 by line 3....................... 5 548,472
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 2,164
7 Add lines 5 and 6......................... 7 550,636
8 Enter qualifying distributions from Part XII, line 4.............. 8 595,169
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 2,164
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 2,164
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 2,164
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 7,782
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,782
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 5,618
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet5,618 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
 
 
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)bulletDE, MA
    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 addressbulletwww.accessstrategies.org
    14
    The books are in care ofbulletTHE ACCESS STRATEGIES FUND Telephone no.bullet (617) 494-0715
    Located atbullet675 MASSACHUSETTS AVENUECAMBRIDGEMA ZIP+4bullet02139
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........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
    MARIA JOBIN-LEEDS DIR/CHAIR/SEC'Y
    5.0     		0 0 0
    PO BOX 390109
    CAMBRIDGE,MA021399998
    GREG JOBIN-LEEDS DIRECTOR/TREAS
    0.5     		0 0 0
    PO BOX 390109
    CAMBRIDGE,MA021399998
    JOHN BONIFAZ DIRECTOR
    0.5     		5,000 0 0
    c/o ACCESS STRATEGIES FUND
    CAMBRIDGE,MA02139
    DAYNA CUNNINGHAM DIRECTOR
    0.5     		5,000 0 0
    c/o ACCESS STRATEGIES FUND
    CAMBRIDGE,MA02139
    E JEANNETTE HUEZO DIRECTOR
    0.5     		5,000 0 0
    C/O ACCESS STRATEGIES FUND
    CAMBRIDGE,MA02139
    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
     
    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
     
    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  
    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
    6,906,141
    b
    Average of monthly cash balances.......................
    1b
    138,433
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    1,371,883
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,416,457
    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
    0
    3
    Subtract line 2 from line 1d..........................
    3
    8,416,457
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    126,247
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,290,210
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    414,511
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    414,511
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    2,164
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,164
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    412,347
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    412,347
    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
    412,347
    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
    595,169
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    595,169
    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
    2,164
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    593,005
    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 7 412,347
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 0
    b Total for prior years:2008, 2007, 2006  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005....... 184,175
    b From 2006....... 46,162
    c From 2007....... 152,367
    d From 2008....... 131,679
    e From 2009....... 188,244
    fTotal of lines 3a through e......... 702,627
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 595,169
    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)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2010 distributable amount..... 412,347
    e Remaining amount distributed out of corpus 182,822
    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 5 885,449
    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 ...........     		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) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		184,175
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		701,274
    10 Analysis of line 9:
    a Excess from 2006.... 46,162
    b Excess from 2007.... 152,367
    c Excess from 2008.... 131,679
    d Excess from 2009.... 188,244
    e Excess from 2010.... 182,822
    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).)
    GREG JOBIN-LEEDS
    MARIA JOBIN-LEEDS
    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:
    info accessstrategies org
    info accessstrategies org
    cambridge,MA02139
    (617) 494-0715
    bThe form in which applications should be submitted and information and materials they should include:
    VIA E-MAIL
    cAny submission deadlines:
    DURING GRANT CYCLES WHICH ARE LISTED ON THE WEBSITE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    LIMITED TO MASSACHUSETTS ORGANIZATIONS
    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
    BOSTON FOUNDATION
    75 ARLINGTON STREET 10TH FLOOR
    BOSTON,MA02116     		N/A 501(C)(3) CIVIC ENGAGEMENT INITIATIVE 25,000
    ALTERNATIVES FOR COMMUNITY AND ENVIRONMENT
    2181 WASHINGTON STREET SUITE 301
    BOSTON,MA02119     		N/A 501(C)(3) CIVIC PARTICIPATION 10,000
    ONE LOWELL
    9 CENTRAL STREET SUITE 203
    LOWELL,MA01852     		N/A 501(C)(3) CIVIC PARTICIPATION 10,000
    SOUTHEAST ASIAN COALITION OF CENTRAL MASS
    120 CHANDLER STREET
    WORCESTER,MA01609     		N/A 501(C)(3) CIVIC PARTICIPATION 10,000
    EX-PRISONERS & PRISONERS ORGANIZING FOR COMMUNITY
    5 pleasant street 3rd floor
    WORCESTER,MA01610     		N/A 501(C)(3) CIVIC PARTICIPATION 15,000
    CENTRO PRESENTE
    17 INNER BELT ROAD
    SOMERVILLE,MA02143     		N/A 501(C)(3) CIVIC PARTICIPATION 10,000
    BOSTON WORKERS ALLIANCE
    411 blue hill avenue
    dorchester,MA02121     		N/A 501(C)(3) CIVIC PARTICIPATION 15,000
    SPRINGFIELD INSTITUTEPOLICY DEVELOPMENT INC
    32-34 HAMPDEN STREET
    SPRINGFIELD,MA01103     		N/A 501(C)(3) CIVIC PARTICIPATION 5,000
    OISTE
    37 TEMPLE PLACE 5TH FLOOR
    BOSTON,MA02111     		N/A 501(C)(3) CIVIC PARTICIPATION 10,000
    NEIGHBOR TO NEIGHBOR
    262 WASHINGTON STREET 3RD FLOOR
    BOSTON,MA02108     		N/A 501(C)(3) CIVIC PARTICIPATION 15,000
    THIRD SECTOR NEW ENGLAND fbo mcef drawing democrcy
    89 SOUTH STREET SUITE 700
    BOSTON,MA02111     		N/A 501(C)(3) CIVIC PARTICIPATION 25,000
    LAWRENCE COMMUNITY WORKS
    168 NEWBURY STREET
    LAWRENCE,MA01841     		N/A 501(C)(3) CIVIC PARTICIPATION 10,000
    CHINESE PEOPLE'S PROGRESSIVE ASSOCIATION INC
    28 ASH STREET
    BOSTON,MA02111     		N/A 501(C)(3) CIVIC PARTICIPATION 10,000
    NATIONAL TRANSPLANT ASSISTANCE FUND
    150 N RADNOR CHESTER ROAD SUITE F
    RADNOR,PA19087     		N/A 501(C)(3) CIVIC 1,000
    UNION OF MINORITY NEIGHBORHOODS
    42 SEAVERNS AVENUE
    JAMAICA PLAIN,MA02130     		N/A 501(C)(3) CIVIC PARTICIPATION 10,000
    NEIGHBORS UNITED FOR A BETTER EAST BOSTON
    262 WASHINGTON STREET 3RD FLOOR
    BOSTON,MA02108     		N/A 501(C)(3) CIVIC PARTICIPATION 10,000
    UNITED TEEN EQUALITY CENTER INC
    34 HURD STREET
    LOWELL,MA01852     		N/A 501(C)(3) CIVIC 1,000
    MASS ALLIANCE OF HUD TENANTS
    42 SEAVERNS AVENUE
    BOSTON,MA02130     		N/A 501(C)(3) CIVIC PARTICIPATION 500
    MASSACHUSETTS VOTER EDUCATION NETWORK
    41 WEST STREET
    BOSTON,MA02111     		N/A 501(C)(3) civic participation 1,200
    NORTHEAST ACTION 1
    po box 230154
    boston,MA02123     		N/A 501(C)(3) civic participation 1,500
    HAYMARKET PEOPLE'S FUND
    42 SEAVERNS AVENUE
    BOSTON,MA02130     		N/A 501(C)(3) 35TH ANNIVERSARY SPONSORSHIP 1,000
    URBAN LEAGUE OF EASTERN MASSACHUSETTS
    88 WARREN STREET
    ROXBURY,MA02119     		N/A 501(C)(3) civic participation 1,000
    BETTY AGIN FIRE FUND
    1900 wilbraham road
    springfield,MA01129     		N/A   leadership development 250
    SURVIVORS INC
    95 STANDARD STREET
    MATTAPAN,MA02126     		N/A   event sponsorship 50
    UNITED FOR A FAIR ECONOMY
    29 WINTER STREET
    BOSTON,MA021084703     		N/A 501(C)(3) general support 250
    BOSTON EITC COALITION
    43 hawkins street
    boston,MA02114     		N/A 501(c)(3) event sponsorship 25
    REFLECT & STRENGTHEN
    614 COLUMBIA ROAD
    DORCHESTER,MA02125     		N/A 501(C)(3) event sponsorship 100
    NETWORK FOR GOOD
    7920 NORFOLK AVENUE
    BETHESDA,MD20814     		N/A 501(C)(3) event sponsorship 205
    neighbor to neighbor (fbo springfield institute)
    89 south street
    boston,MA02111     		n/a 501(c)(3) event sponsorship 200
    Total .................................bullet 3a 198,280
    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 32  
    4 Dividends and interest from securities....     14 220,843  
    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.....     14 66,817  
    8Gain or (loss) from sales of assets other than inventory     18 -139,361  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aTHIRD SECTOR         14,300
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   148,331 14,300
    13Total. Add line 12, columns (b), (d), and (e)...................
    13162,631
    (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
    THE ACCESS STRATEGIES FUND
     
    Employer identification number

    04-3464581
    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
    THE ACCESS STRATEGIES FUND
          		Employer identification number

    04-3464581
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    1
     
     

    LISELOTTE GERARD LEEDS    
    80 CUTTERMILL ROAD
       
    GREAT NECK, NY   11021

    		$50,000




    (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
     
     

    SWANEE HUNT FAMILY FOUNDATION    
    625 MT AUBURN STREET
       
    CAMBRIDGE, MA   02138

    		$100,000




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    3
     
     

    DAVID LUDLOW    
    69 ROBESON STREET
       
    JAMAICA PLAIN, MA   02130

    		$5,000




    (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 1 of Part II
    Name of organization
    THE ACCESS STRATEGIES FUND
          		Employer identification number

    04-3464581
    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
     
    		$    
    (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
    THE ACCESS STRATEGIES FUND
          		Employer identification number

    04-3464581
    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:  

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    TY 2010 AmortizationSchedule
    Name:
    THE ACCESS STRATEGIES FUND
    EIN: 04-3464581
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    GRANT MGMT SYSTEM 2008-08-06 14,802 11,102 3.0 3,700     14,802

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

    TY 2010 DepreciationSchedule
    Name:
    THE ACCESS STRATEGIES FUND
    EIN: 04-3464581
    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 2000-06-30 5,101 5,101 M5          
    OFFICE FURNITURE 2000-07-17 653 652 M7          
    FAX MACHINE 2001-10-31 728 728 M5          
    BOOKCASE 2001-10-31 274 273 M5          
    CONFERENCE TABLE 2001-10-31 451 449 M7          
    OFFICE FURNITURE 2004-10-07 399 383 M7   16      
    COMPUTER 2003-11-04 2,799 2,798 M5          
    COMPUTER 2003-12-09 2,116 2,116 M5          
    OFFICE FURNITURE 2004-11-15 212 183 M7   19      
    DESK 2006-09-11 756 566 M7   66      
    SOFA 2006-08-28 675 506 M7   59      
    LAPTOP COMPUTER 2007-03-28 1,014 856 M5   115      
    LAPTOP COMPUTER 2007-08-29 1,230 977 M5   135      
    COMPUTER EQUIP 2008-07-31 2,950 2,100 M5   340      

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    THE ACCESS STRATEGIES FUND
    EIN: 04-3464581
    Name of Bond End of Year Book Value End of Year Fair Market Value
    PIMCO TOTAL RETURN FUND III 1,318,034 1,301,835

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    THE ACCESS STRATEGIES FUND
    EIN: 04-3464581
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CHARLES SCHWAB/PRENTISS SMITH 811,781 855,983
    LORING, WOLCOTT & COOLIDGE 1,078,341 1,330,364
    PIMCO COMMODITYREALRETURN FD 680,901 741,501
    STATE STREET 1,193,463 1,276,441

    TY 2010 InvestmentsOtherSchedule2
    Name:
    THE ACCESS STRATEGIES FUND
    EIN: 04-3464581
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARTISAN EMERGING MARKETS AT COST 753,662 681,689
    CRA QUALIFIED INVESTMENT FD AT COST 157,819 159,867
    BOSTON COMMON INTL SOCIAL FD AT COST 0 0
    FORESTER DIVERSIFIED LTD AT COST 1,155,000 1,221,328

    TY 2010 LandEtcSchedule2
    Name:
    THE ACCESS STRATEGIES FUND
    EIN: 04-3464581
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER 5,101 5,101    
    OFFICE FURNITURE 653 652 1  
    FAX MACHINE 728 728    
    BOOKCASE 274 273 1  
    CONFERENCE TABLE 451 449 2  
    OFFICE FURNITURE 399 399    
    COMPUTER 2,799 2,798 1  
    COMPUTER 2,116 2,116    
    OFFICE FURNITURE 212 202 10  
    DESK 756 632 124  
    SOFA 675 565 110  
    LAPTOP COMPUTER 1,014 971 43  
    LAPTOP COMPUTER 1,230 1,112 118  
    GRANT MGMT SYSTEM 14,802 14,802    
    COMPUTER EQUIP 2,950 2,440 510  


    TY 2010 OtherAssetsSchedule
    Name:
    THE ACCESS STRATEGIES FUND
    EIN: 04-3464581
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSITS 2,440 4,570 4,570
    OTHER RECEIVABLES 0 400 400
    FLEX SPENDING RETAINER 0 500 500


    TY 2010 OtherDecreasesSchedule
    Name:
    THE ACCESS STRATEGIES FUND
    EIN: 04-3464581
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 35,786


    TY 2010 OtherExpensesSchedule
    Name:
    THE ACCESS STRATEGIES FUND
    EIN: 04-3464581
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADMINISTRATIVE SERVICES 1,015     1,015
    BANK CHARGES 65     65
    BENEFIT ADMINISTRATION EXP 2,542     2,542
    COMMUNICATIONS EXPENSE 7,575     7,575
    COMPUTER EXPENSES 3,556     3,556
    CONSULTING FEES 17,814     17,814
    DED REL TO PORTFOLIO INCOME 792 792    
    DUES & SUBSCRIPTIONS 3,829     3,829
    EQUIPMENT RENTAL 4,317     4,317
    FILING FEES 652     652
    INSURANCE 6,277     6,277
    MISCELLANEOUS EXPENSE 1,155     1,155
    MOVING EXPENSE 7,104     7,104
    OFFICE SUPPLIES 12,168     12,168
    PAYROLL ADMINISTRATION COSTS 1,435     1,435
    POSTAGE & DELIVERY 1,043     1,043
    REPAIRS & MAINTENANCE 930     930
    TELEPHONE 7,100     7,100
    UTILITIES 847     847


    TY 2010 OtherIncomeSchedule2
    Name:
    THE ACCESS STRATEGIES FUND
    EIN: 04-3464581
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BOSTON COMMON INT'L SOCIAL FUND LLC 66,817 66,817  
    OTHER INCOME 14,300 14,300  


    TY 2010 OtherIncreasesSchedule
    Name:
    THE ACCESS STRATEGIES FUND
    EIN: 04-3464581
    Description Amount
    NET UNREALIZED GAIN FROM BOSTON COMMON 27,411
    INT'L SOCIAL FUND LLC 0


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    THE ACCESS STRATEGIES FUND
    EIN: 04-3464581
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 73,582 73,582    
    OTHER INVESTMENT FEES 46 46    


    TY 2010 TaxesSchedule
    Name:
    THE ACCESS STRATEGIES FUND
    EIN: 04-3464581
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 0      
    FOREIGN TAX WITHHELD 11,148 11,148    
    PAYROLL TAXES 13,377     13,377