Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2010
For calendar year 2010, or tax year beginning 10-01-2010 , and ending 09-30-2011
G
Check all that apply:
Name of foundation
LONGWOOD GARDENS INC
 

Number and street (or P.O. box number if mail is not delivered to street address)ROUTE 1 PO BOX 501   Room/suite
City or town, state, and ZIP code
KENNETT SQUARE, PA193480501
A Employer identification number

51-0110625
B Telephone number (see page 10 of the instructions)

(610) 388-1000
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$718,936,959J 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) 12,065,355
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 10,925,974 10,925,974 10,925,974
5a Gross rents.............. 142,499 142,499 142,499
b Net rental income or (loss) -14,838
6a Net gain or (loss) from sale of assets not on line 10 17,494,670
b Gross sales price for all assets on line 6a 120,740,222
7 Capital gain net income (from Part IV, line 2)... 17,494,670
8 Net short-term capital gain......... 0
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 17,871,563 0 17,871,563
12 Total. Add lines 1 through 11........ 58,500,061 28,563,143 28,940,036
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 487,706 0 134,986 352,720
14 Other employee salaries and wages...... 13,481,495 0 3,731,368 9,750,127
15 Pension plans, employee benefits....... 6,265,412 0 1,734,122 4,531,290
16a Legal fees (attach schedule)......... Click to see attachment 66,995 0 18,543 48,452
b Accounting fees (attach schedule)....... Click to see attachment 38,900 0 10,767 28,133
c Other professional fees (attach schedule).... Click to see attachment 7,410,930 3,409,098 2,415,396 4,995,534
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 196,957 0 54,513 142,444
19 Depreciation (attach schedule) and depletion... Click to see attachment 7,980,317 0 2,208,768
20 Occupancy..............        
21 Travel, conferences, and meetings....... 439,109 0 121,535 317,574
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 18,241,696 157,337 8,972,038 9,269,658
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 54,609,517 3,566,435 19,402,036 29,435,932
25 Contributions, gifts, grants paid........ 61,200 61,200
26 Total expenses and disbursements. Add lines 24 and 25 54,670,717 3,566,435 19,402,036 29,497,132
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 3,829,344
b Net investment income (if negative, enter -0-) 24,996,708
c Adjusted net income (if negative, enter -0-)... 9,538,000
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.......... 1,329,130 756,787 756,787
3 Accounts receivable bullet958,616
Less: allowance for doubtful accounts bullet   741,715 958,616 958,616
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............... 343,127 418,529 418,529
9 Prepaid expenses and deferred charges........... 525,261 786,198 786,198
10a Investments—U.S. and state government obligations (attach schedule) 39,741,538 Click to see attachment43,259,746 43,259,746
b Investments—corporate stock (attach schedule)........ 166,269,850 Click to see attachment176,334,612 176,334,612
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 393,230,277 Click to see attachment364,826,181 364,826,181
14 Land, buildings, and equipment: basis bullet228,883,792
Less: accumulated depreciation (attach schedule) bullet97,287,502 136,506,737 Click to see attachment131,596,290 131,596,290
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 738,687,635 718,936,959 718,936,959
Liabilities 17 Accounts payable and accrued expenses.......... 43,291,744 48,449,325
18 Grants payable...................    
19 Deferred revenue.................. 100,485 108,202
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).......... 43,392,229 48,557,527
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 695,295,406 670,379,432
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).................... 695,295,406 670,379,432
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 738,687,635 718,936,959
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)............... 1 695,295,406
2 Enter amount from Part I, line 27a...................... 2 3,829,344
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 699,124,750
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 28,745,318
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 670,379,432
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 COMMON STOCKS AND FIXED INCOME INVESTMENTS P 2010-10-01 2011-09-30
b COMMON STOCKS AND FIXED INCOME INVESTMENTS P 2009-10-01 2011-09-30
c SILCHESTER INTERNATIONAL VALUE EQUITY TRUST P 2009-10-01 2011-09-30
d LOOMIS SAYLES MULTISECTOR FULL DISCRETION FUND P 2009-10-01 2011-09-30
e BENNETT OFFSHORE RESTRUCTURING FUND P 2009-10-01 2011-09-30
(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 31,013,235 0 31,014,456 -1,221
b 57,628,522   46,326,943 11,301,579
c 16,000,000   14,686,945 1,313,055
d 14,323,098   9,990,610 4,332,488
e 1,775,367   1,226,598 548,769
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       -1,221
b       11,301,579
c       1,313,055
d       4,332,488
e       548,769
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 17,494,670
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 -1,221
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      
2008      
2007      
2006      
2005      
2 Total of line 1, column (d) ...................... 2  
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  
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
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: 1994-01-21(attach copy of letter if necessary–see instructions)
b 1 N/A
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  
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 0
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  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 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
Yes
 
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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, PA
    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
    Yes
     
    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.LONGWOODGARDENS.ORG
    14
    The books are in care ofbulletDENNIS R FISHER CPA Telephone no.bullet (610) 388-1000
    Located atbulletROUTE 1 PO BOX 501KENNETT SQUAREPA ZIP+4bullet19348
    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
    MR NATHAN HAYWARD III PRESIDENT
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR IRENEE E DU PONT JR VICE PRESIDENT
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR GERRET VAN S COPELAND SECRETARY
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR WILLIAM K DU PONT TREASURER
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR PAUL B REDMAN ASST. SEC./TREAS./EXEC. DI
    40.00     		329,254 22,930 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR DENNIS FISHER CPA ASST. SECRETARY/TREASURER/
    40.00     		158,452 23,007 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR E MATTHEW BROWN TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR BENJAMIN F DU PONT TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    DR RICHARD LIGHTY TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    DR ROBIN W MORGAN TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR ROBERT PECK TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MS JANE G PEPPER TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR BLAINE T PHILLIPS JR TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MS ANNE C ROSE TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MR C PORTER SCHUTT III TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MS VALERIE J SILL CFA TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MS MARGARETTA K STABLER VICE PRESIDENT
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MS CYNTHIA DU PONT TOBIAS TRUSTEE
    5.00     		0 0 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    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
    SHARON LOVING HORT. DEPT. HEAD
    40.00     		158,475 23,074 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MARK WINNICKI MAINTENANCE DEPT. HE
    40.00     		159,030 21,366 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    MAUREEN CONLEY MARKETING DEPT. HEAD
    40.00     		147,261 15,934 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    DOUGLAS NEEDHAM EDUCATION DEPT. HEAD
    40.00     		133,506 21,707 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    CONSTANCE MCCAW GUEST SERVICES DEPT.
    40.00     		126,183 21,260 0
    C/O LONGWOOD GARDENS PO BOX 501
    KENNETT SQUARE,PA19348
    Total number of other employees paid over $50,000...................bullet 100
    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
    BANCROFT CONSTRUCTION CO INC CONSTRUCTION CONTRACTOR 3,658,835
    1300 N GRANT AVE SUITE 110
    WILMINGTON,DE19806
    RESTAURANT ASSOCIATES RESTAURANT MANAGEMENT 1,408,618
    330 FIFTH AVE 5TH FLOOR
    NEW YORK,NY10001
    WEST 8 NEW YORK INC STRATEGIC PLAN CONSULTANT 901,078
    333 HUDSON ST SUITE 905
    NEW YORK,NY10013
    MAYOSEITZ MEDIA MARKETING CONSULTANT 814,021
    532 E TOWNSHIP LINE ROAD
    BLUE BELL,PA19422
    CAMBRIDGE ASSOCIATES INVESTMENT ADVISOR 603,063
    100 SUMMER ST SUITE 13
    BOSTON,MA02110
    Total number of others receiving over $50,000 for professional services.............bullet57
    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 LONGWOOD GARDENS, INC., LOCATED IN KENNETT SQUARE, PENNSYLVANIA, IS THE LIVING LEGACY OF PIERRE S. DU PONT, INSPIRING PEOPLE THROUGH EXCELLENCE IN GARDEN DESIGN, HORTICULTURE, EDUCATION, AND THE ARTS. LONGWOOD GARDENS IS OPEN YEAR-ROUND AND DURING THE YEAR ENDED SEPTEMBER 30, 2011 SERVED IN EXCESS OF 930,000 VISITORS. LONGWOOD GARDENS SPONSORS AN ANNUAL MEETING OF THE VISITING COMMITTEE, WHICH REVIEWS THE OVERALL OPERATION OF THE GARDENS AND ISSUES A CONSENSUS REPORT OFFERING VARIOUS METHODS FOR IMPROVEMENT. TOTAL EXPENSES FOR DIRECT CHARITABLE ACTIVITIES WERE $32,968,959. LONGWOOD GARDENS ALSO OFFERS A WIDE VARIETY OF CONTINUING EDUCATION COURSES DEALING WITH VARIOUS HORTICULTURAL SUBJECTS. 32,968,959
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A 0
    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
    637,547,492
    b
    Average of monthly cash balances.......................
    1b
    964,550
    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
    638,512,042
    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
    638,512,042
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    9,577,681
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    628,934,361
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    31,446,718
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
     
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
     
    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
     
    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
    29,497,132
    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
    3,471,827
    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
    32,968,959
    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
    32,968,959
    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  
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005.......  
    b From 2006.......  
    c From 2007.......  
    d From 2008.......  
    e From 2009.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$  
    a Applied to 2009, but not more than line 2a  
    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.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2010.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007....  
    c Excess from 2008....  
    d Excess from 2009....  
    e Excess from 2010....  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
    1971-12-21
    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
    9,538,000 12,579,268 7,884,640 20,922,856 50,924,764
    b 85% of line 2a ......... 8,107,300 10,692,378 6,701,944 17,784,428 43,286,049
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		32,968,959 40,289,848 36,172,737 29,746,646 139,178,190
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		32,968,959 40,289,848 36,172,737 29,746,646 139,178,190
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		20,964,479 18,925,799 16,426,537 22,252,481 78,569,296
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BARCLAY FRIENDS
    700 N FRANKLIN ST
    WEST CHESTER,PA19380     		NONE 509(A)(2) GRANT 1,000
    BRANDYWINE VALLEY ASSOCIATION
    1760 UNIONVILLE-WAWASET RD
    WEST CHESTER,PA19382     		NONE 509(A)(2) GRANT 1,000
    CHESTER COUNTY SOLID WASTE AUTHORITY
    PO BOX 476
    HONEYBROOK,PA19344     		NONE 170(B) (1)(A)(V) GRANT 100
    DELAWARE CENTER FOR HORTICULTURE
    1810 NORTH DUPONT ST
    WILMINGTON,DE19806     		NONE 509(A)(1) GRANT 1,000
    FAIRVILLE FRIENDS SCHOOL INC
    216 POND VIEW
    CHADDS FORD,PA19317     		NONE 170(B)(1) (A)(I) SCH GRANT 100
    KENNETT EDUCATION FOUNDATION INC
    PO BOX 849
    KENNETT SQUARE,PA19348     		NONE 509(A)(1) GRANT 1,000
    SCOTT ARBORETUM CO SWARTHMORE COLLEGE
    500 COLLEGE AVE
    SWARTHMORE,PA19081     		NONE 170(B)(1) (A)(I) SCH GRANT 400
    WB SAUL HIGH SCHOOL
    7100 HENRY AVE
    PHILADELPHIA,PA19128     		NONE 170(B) (1)(A)(V) GRANT 6,000
    WEST CHESTER BIRD CLUB
    199 VINCENT ROAD
    PAOLI,PA19301     		NONE 509(A)(1) GRANT 350
    TYLER ARBORETUM
    515 PAINTER ROAD
    MEDIA,PA19063     		NONE 509(A)(1) GRANT 250
    LONGWOOD FIRE COMPANY
    1001 E BALTIMORE PIKE
    KENNETT SQUARE,PA19348     		NONE 509(A)(1) GRANT 50,000
    Total .................................bullet 3a 61,200
    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
    aADMISSIONS FEES         10,367,902
    bRESTAURANT INCOME 722320 453,179 03 4,934,476  
    cCONTINUING EDUCATION         390,190
    dPERFORMING ARTS         576,791
    eACTIVITIES COMMITTEE         9,463
    fFACILITIES RENTALS 721000 77,157     23,844
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 10,925,974  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 -14,838  
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 17,494,670  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aMISCELLANEOUS         144,091
    bROYALTY INCOME     15 894,470  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 530,336 34,234,752 11,512,281
    13Total. Add line 12, columns (b), (d), and (e)...................
    1346,277,369
    (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.)
    1A ADMISSION INCOME ACCOUNTS FOR 56% OF OPERATING INCOME AND 34% OF TOTAL INCOME WITHOUT WHICH OUR GOAL OF PROVIDING A WORLD CLASS HORTICULTURAL DISPLAY WOULD BE IMPOSSIBLE TO ACCOMPLISH.
    1C CONTINUING EDUCATION COURSES ARE HORTICULTURALLY RELATED , THEREBY CREATING GREATER UNDERSTANDING AND APPRECIATION OF LONGWOOD'S EXEMPT PURPOSE.
    1D LONGWOOD SPONSORS PERFORMANCES IN ITS OUTDOOR AMPHITHEATER, AND IN OTHER GARDEN LOCATIONS, WITH THE INTENTION OF ADDING TO THE GARDENS VISITATION EXPERIENCE AND CULTIVATING A GREATER HORTICULTURAL INTEREST IN THOSE WHO ATTEND.
    1E THE ACTIVITIES COMMITTEE ORGANIZES EMPLOYEE OUTINGS WITH THE GOAL OF BOOSTING EMPLOYEE MORALE AND FOSTERING A "TEAMWORK" ATMOSPHERE AMONG EMPLOYEES.
    1F FACILITY RENTALS ARE AVAILABLE FOR CERTAIN MEETINGS AND SOCIAL FUNCTIONS.
    11A MISCELLANEOUS INCOME INCLUDES REFUNDS AND REIMBURSEMENTS THAT OFFSET EXPENSES INCURRED DURING THE NORMAL COURSE OF BUSINESS.
    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
    LONGWOOD GARDENS INC
     
    Employer identification number

    51-0110625
    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
    LONGWOOD GARDENS INC
          		Employer identification number

    51-0110625
    Part I
    Contributors (see Instructions)
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Aggregate contributions    		 (d)
    Type of contribution
    1
     
     

    LONGWOOD FOUNDATION INC    
    C/O LONGWOOD GARDENS ROUTE 1
       
    KENNETT SQUARE, PA   19348

    		$12,000,000




    (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
     
     

    THE ROYAL NETHERLANDS EMBASSY    
    C/O LONGWOOD GARDENS ROUTE 1
       
    KENNETT SQUARE, PA   19348

    		$36,000




    (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
     
     

    GEORGE A HAMBRECHT    
    C/O LONGWOOD GARDENS ROUTE 1
       
    KENNETT SQUARE, PA   19348

    		$15,000




    (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
    LONGWOOD GARDENS INC
          		Employer identification number

    51-0110625
    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
    LONGWOOD GARDENS INC
          		Employer identification number

    51-0110625
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2010 AccountingFeesSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN: 51-0110625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 38,900 0 10,767 28,133

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

    TY 2010 DepreciationSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN: 51-0110625
    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
    AUTOS 2010-10-01 1,660,486 1,639,619 VAR 0 % 16,771 0 0  
    EQUIPMENT, TOOLS, AND FURNISHINGS 2010-10-01 26,046,103 14,971,402 VAR 0 % 1,350,495 0 0  
    LAND, BUILDING, AND IMPROVMENTS 2010-10-01 197,074,828 72,696,164 VAR 0 % 6,613,051 0 0  
    PROJECTS IN PROCESS 2010-10-01 4,102,375   VAR 0 % 0 0 0  

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN: 51-0110625
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCKS 176,334,612 176,334,612

    TY 2010 InvestmentsGovtObligationsSch
    Name:
    LONGWOOD GARDENS INC
    EIN: 51-0110625
    US Government Securities - End of Year Book Value:

    43,259,746
    US Government Securities - End of Year Fair Market Value:

    43,259,746
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2010 InvestmentsOtherSchedule2
    Name:
    LONGWOOD GARDENS INC
    EIN: 51-0110625
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SHORT-TERM DEPOSITS FMV 16,360,715 16,360,715
    PARTNERSHIP INTERESTS FMV 348,465,466 348,465,466
    FIXED INCOME FUNDS FMV 0 0

    TY 2010 LandEtcSchedule2
    Name:
    LONGWOOD GARDENS INC
    EIN: 51-0110625
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    AUTOS 1,660,486 1,656,390 4,096 0
    EQUIPMENT, TOOLS, AND FURNISHINGS 26,046,103 16,321,897 9,724,206 0
    LAND, BUILDING, AND IMPROVMENTS 197,074,828 79,309,215 117,765,613 0
    PROJECTS IN PROCESS 4,102,375 0 4,102,375 0


    TY 2010 LegalFeesSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN: 51-0110625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 66,995 0 18,543 48,452


    TY 2010 OtherDecreasesSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN: 51-0110625
    Description Amount
    UNREALIZED LOSS ON INVESTMENTS 21,914,807
    CHANGE IN POST-RETIREMENT AND PENSION BENEFITS LIABILITY 6,830,511


    TY 2010 OtherExpensesSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN: 51-0110625
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RESTAURANT 5,702,380 0 5,387,655 314,725
    SPECIAL OPERATING PROJECTS 1,744,167 0 482,745 1,261,422
    OPERATING SUPPLIES AND GENERAL 1,984,910 0 549,377 1,435,533
    UTILITIES AND HEATING FUELS 1,556,015 0 430,669 1,125,346
    GROWING SUPPLIES 729,055 0 201,786 527,269
    ADVERTISING 1,262,080 0 349,315 912,765
    GENERAL INSURANCE 770,716 0 213,316 557,400
    AUTO, TRUCK AND EQUIPMENT 210,051 0 58,137 151,914
    COMPUTER RELATED 341,789 0 94,599 247,190
    FEES, DUES AND SUBSCRIPTIONS 380,607 0 105,343 275,264
    SAFETY PROGRAMS 35,444 0 9,810 25,634
    EMPLOYEE RELATIONS 25,315 0 7,007 18,308
    TRAINING 110,619 0 30,617 80,002
    FRAGRANCE EXHIBIT 278,919 0 77,198 201,721
    WINE & JAZZ FESTIVAL 64,032 0 17,723 46,309
    CONCERTS 83,041 0 22,984 60,057
    THIRD PARTY FUNDED PROJECTS 2,805,219 0 776,420 2,028,799
    REPAIRS AND MAINTENANCE 157,337 157,337 157,337 0


    TY 2010 OtherIncomeSchedule2
    Name:
    LONGWOOD GARDENS INC
    EIN: 51-0110625
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ADMISSIONS FEES 10,367,902   10,367,902
    RESTAURANT INCOME 5,387,655   5,387,655
    CONTINUING EDUCATION 390,190   390,190
    PERFORMING ARTS 576,791   576,791
    ACTIVITIES COMMITTEE 9,463   9,463
    FACILITIES RENTALS 101,001   101,001
    MISCELLANEOUS 144,091   144,091
    ROYALTY INCOME 894,470   894,470


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN: 51-0110625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORS 3,329,884 3,329,884 1,277,393 2,052,491
    BANK CUSTODY FEES 79,214 79,214 30,388 48,826
    OTHER PROFESSIONAL FEES 4,001,832 0 1,107,615 2,894,217


    TY 2010 TaxesSchedule
    Name:
    LONGWOOD GARDENS INC
    EIN: 51-0110625
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAXES - REAL ESTATE/OTHER 196,957 0 54,513 142,444