TY 2012 Form 990PF

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 instructions).)	(a) Revenue and expenses per books	(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)
	1	Contributions, gifts, grants, etc., received (attach schedule)	5,702
2	Check
3	Interest on savings and temporary cash investments	1,183	1,183	1,183
4	Dividends and interest from securities......	9,406,584	9,406,584	9,406,584
5a	Gross rents..............	73,795	73,795	73,795
b	Net rental income or (loss) 55,958
6a	Net gain or (loss) from sale of assets not on line 10		8,486,932
b	Gross sales price for all assets on line 6a 122,446,621
7	Capital gain net income (from Part IV, line 2)...		8,486,932
8	Net short-term capital gain.........			1,024,471
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).......		118,086,544	45,986,829	118,086,544
12	Total. Add lines 1 through 11........	136,060,740	63,955,323	128,592,577
	13	Compensation of officers, directors, trustees, etc.	424,097			424,097
14	Other employee salaries and wages......	33,882,951			33,883,571
15	Pension plans, employee benefits.......	772,301			756,241
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		15,976			30,876
17	Interest...............
18	Taxes (attach schedule) (see instructions)		1,527,329	305,329
19	Depreciation (attach schedule) and depletion...		255,435		255,435
20	Occupancy..............	3,004,809			3,031,383
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		30,654,572	1,225,835		29,434,912
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	70,537,470	1,531,164	255,435	67,561,080
25	Contributions, gifts, grants paid........	186,737			186,737
26	Total expenses and disbursements. Add lines 24 and 25	70,724,207	1,531,164	255,435	67,747,817
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	65,336,533
b	Net investment income (if negative, enter -0-)		62,424,159
c	Adjusted net income (if negative, enter -0-)...			128,337,142

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
	1	Cash—non-interest-bearing...............	115,482	179,468	179,469
2	Savings and temporary cash investments..........	14,753,302	26,490,048	26,490,050
3	Accounts receivable 13,590,060
	Less: allowance for doubtful accounts	1,089,266	13,590,060	13,590,060
4	Pledges receivable
	Less: allowance for doubtful accounts
5	Grants receivable.................
6	Receivables due from officers, directors, trustees, and other
	disqualified persons (attach schedule) (see page 15 of the
	instructions)....................
7	Other notes and loans receivable (attach schedule)
	Less: allowance for doubtful accounts
8	Inventories for sale or use...............	33,418	33,584	33,584
9	Prepaid expenses and deferred charges...........	98,961	123,388	123,388
10a	Investments—U.S. and state government obligations (attach schedule)
b	Investments—corporate stock (attach schedule)........	312,637,609	337,922,274	412,640,093
c	Investments—corporate bonds (attach schedule)........
11	Investments—land, buildings, and equipment: basis
	Less: accumulated depreciation (attach schedule)
12	Investments—mortgage loans..............	0
13	Investments—other (attach schedule)...........	506,401,816	516,870,256	521,616,452
14	Land, buildings, and equipment: basis 9,792,138
	Less: accumulated depreciation (attach schedule) 6,070,984	2,669,935	3,721,154	3,721,154
15	Other assets (describe )
16	Total assets (to be completed by all filers—see the
	instructions. Also, see page 1, item I)	837,799,789	898,930,232	978,394,250
	17	Accounts payable and accrued expenses..........	818,437	869,923
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 )	24,071,951	23,214,425
23	Total liabilities (add lines 17 through 22)..........	24,890,388	24,084,348
		Foundations that follow SFAS 117, check here
	and complete lines 24 through 26 and lines 30 and 31.
24	Unrestricted....................	812,909,401	874,845,884
25	Temporarily restricted................
26	Permanently restricted................
	Foundations that do not follow SFAS 117, check here
	and complete lines 27 through 31.
27	Capital stock, trust principal, or current funds.........
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)....................	812,909,401	874,845,884
31	Total liabilities and net assets/fund balances (see page 17 of
	the instructions)..................	837,799,789	898,930,232

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	812,909,401
2	Enter amount from Part I, line 27a.....................	2	65,336,533
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	878,245,934
5	Decreases not included in line 2 (itemize)	5	3,400,050
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	874,845,884

(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.)
1 a	PUBLICLY TRADED SECURITIES - SHORT TERM	P
b	PUBLICLY TRADED SECURITIES - LONG TERM
c	CAPITAL GAINS DISTRIBUTIONS - SHORT TERM	P
d	CAPITAL GAINS DISTRIBUTIONS - LONG TERM	P
e	OTHER ASSETS	P

(e) Gross sales price	(f) Depreciation allowed (or allowable)	(h) Gain or (loss) (e) plus (f) minus (g)
a	54,458,753	53,440,461	1,018,292
b	67,968,870	60,519,228	7,449,642
c	6,179		6,179
d	7,269		7,269
e	5,550		5,550

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7		2	8,486,932
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 instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .	3	1,024,471

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
2011	65,050,847	830,930,160	0.078287
2010	62,694,136	735,114,956	0.085285
2009	61,619,111	628,440,923	0.098051
2008	63,345,965	701,624,746	0.090285
2007	58,823,161	652,455,944	0.090157

2	Total of line 1, column (d) ......................	2	0.442065
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	0.088413
4	Enter the net value of noncharitable-use assets for 2012 from Part X, line 5.....	4	891,631,115
5	Multiply line 4 by line 3.......................	5	78,831,782
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	624,242
7	Add lines 5 and 6.........................	7	79,456,024
8	Enter qualifying distributions from Part XII, line 4..............	8	69,054,472
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.

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	1,248,483
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2............................	3	1,248,483
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	1,248,483
6	Credits/Payments:

a	2012 estimated tax payments and 2011 overpayment credited to 2012	6a	1,310,552
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	1,310,552
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.	8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......	9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10	62,069
11	Enter the amount of line 10 to be: Credited to 2013 estimated tax62,069	Refunded	11

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
Joyce M Cummings	TRUSTEE & TREASURER 1.0	0	0	0
200 West Cummings Park Woburn,MA01801
Patricia A Cummings PSY D	TRUSTEE & Vice President 1.0	0	0	0
200 West Cummings Park Woburn,MA01801
William S Cummings	TRUSTEE & PRESIDENT 50.0	0	0	0
200 West Cummings Park Woburn,MA01801
Robert O Connor	TRUSTEE & EXEC DIR NHM 50.0	180,789	6,371	18,000
400 hemenway street marlborough,MA01752
Joseph Abate MD	Trustee 1.0	0	0	0
200 West Cummings Park Woburn,MA01801
Anthony P Monaco MD PHD	Trustee 1.0	0	0	0
Tufts University Medford,MA02155
HON Margot Botsford	Trustee 1.0	0	0	0
supreme judicial court boston,MA02108
Paul C Casey	Trustee 1.0	0	0	0
200 West Cummings Park Woburn,MA01801
Carol A Donovan	Trustee 1.0	0	0	0
200 West Cummings Park Woburn,MA01801
DEBORAH T KOCHEVAR DVM PHD	Trustee 1.0	0	0	0
cummings school of veterinary north grafton,MA01536
Jason Z Morris PhD	Trustee 1.0	0	0	0
fordham university bronx,NY10458
Marilyn Cummings Morris MD MPH	Trustee 1.0	0	0	0
Childrens Hospital New York,NY10001
Richard C Ockerbloom	Trustee 1.0	0	0	0
200 West Cummings Park Woburn,MA01801
Joel B Swets	EXEC DIR, CUMMINGS FND 50.0	114,769	5,621
200 West Cummings Park Woburn,MA01801
Michael P Pascavage	TRUSTEE 1.0	0	0	0
200 West Cummings Park Woburn,MA01801
Jed Geyerhahn	Exec Dir, New Horizons Choate 50.0	128,539	13,345	0
21 Warren Avenue Woburn,MA01801

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
JUSTIN MAGEE	DIVISION MGR 50.0	164,831	6,883	0
200 WEST CUMMINGS PARK WOBURN,MA01801
RICHARD CURTIN	ASSOC DIVISION MGR 50.0	122,083	11,335	0
200 WEST CUMMINGS PARK WOBURN,MA01801
MARK LYNCH	CARPENTRY TEAM LEAD 50.0	112,579	12,216	0
200 WEST CUMMINGS PARK WOBURN,MA01801
MICHAEL DEPIERRO	CARPENTRY TEAM LEAD 50.0	103,288	6,941	0
200 WEST CUMMINGS PARK WOBURN,MA01801
MICHAEL DONAGHEY	ELECTRIC TEAM LEAD 50.0	96,986	12,817	0
200 WEST CUMMINGS PARK WOBURN,MA01801
Total number of other employees paid over $50,000...................	33


HEALTH CARE STAFFING INC	Assisted Living Svcs	1,646,452
PO Box 786 WESTBOROUGH,MA01581
MERRILL LYNCH TRUST CO	INVESTMENT SVCS	929,814
ONE FEDERAL STREET BOSTON,MA02134
WINCHESTER HEALTHCARE ENTERPRISES INC	ASSISTED LIVING SVCS	682,575
PO BOX 5-0803 WOBURN,MA01801
COMMONFUND	INVESTMENT SVCS	423,766
15 Old Danbury Rd WILTON,CT06897
ROBERT VISCO	SALON SVCS	55,291
30 OLD STOW ROAD HUDSON,MA01749

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	SEE GENERAL EXPLANATION ATTACHMENT - NEW HORIZONS AT CHOATE	3,510,821
2	SEE GENERAL EXPLANATION ATTACHMENT - NEW HORIZONS AT MARLBOROUGH	7,740,421
3	SEE GENERAL EXPLANATION ATTACHMENT - CUMMINGS SCHOOL OF VETERINARY MEDICINE	56,309,837
4

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) 2012	(b) 2011	(c) 2010	(d) 2009
44,581,556	41,546,508	36,755,748	31,422,046	154,305,858
b 85% of line 2a .........	37,894,323	35,314,532	31,242,386	26,708,739	131,159,980
c Qualifying distributions from Part XII, line 4 for each year listed .....	69,054,472	35,314,532	62,694,136	62,085,600	229,148,740
d Amounts included in line 2c not used directly for active conduct of exempt activities ....	186,737	41,940	35,415	216,700	480,792
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	68,867,735	35,272,592	62,658,721	61,868,900	228,667,948
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets” alternative test—enter:
(1) Value of all assets ......	978,394,250	871,158,791	834,371,069	732,896,111	3,416,820,221
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)	387,959,769	388,509,769	386,789,769	380,489,769	1,543,749,076
b “Endowment” alternative test— enter 2⁄3 of minimum investment return shown in Part X, line 6 for each year listed...	29,721,037	27,697,672	24,503,832	20,948,031	102,870,572
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) ....	72,105,417	89,408,199	75,149,716	66,141,190	302,804,522
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....	72,105,417	69,149,804	66,649,716	66,141,190	274,046,127
(3) Largest amount of support from an exempt organization	0	0	0	0	0
(4) Gross investment income	55,393,413	51,337,585	45,975,142	47,204,130	199,910,270

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AMERICAN CANCER SOCIETY 30 SPEEN STREET FRAMINGHAM,MA01701	NONE	509(a)1	Cancer Research Treatment	50
AMERICAN CANCER SOCIETY 125 S HUNTINGTON AVENUE JAMAICA PLAIN,MA02130	NONE	509(a)1	Cancer Research Treatment	1,000
AMERICAN LIVER FOUNDATION 88 WINCHESTER STREET NEWTON,MA02461	NONE	509(a)1	LIVER RESEARCH	1,130
ARTHRITIS FOUNDATION MA CHAPTER 29 CRAFTS STREET SUITE 450 NEWTON,MA02458	NONE	509(a)1	HEALTH RESEARCH AND PROGRAMS	100
ASSABET VALLEY REGIONAL VOCATIONAL 215 FITCHBURG STREET MARLBOROUGH,MA01752	NONE	509(a)1	YOUTH EDUCATION	1,000
BOSTON COLLEGE 140 COMMONWEALTH AVENUE CHESTNUT HILL,MA024673809	NONE	509(a)1	EDUCATIONAL SCHOLARSHIPS	10,000
BOWDOIN COLLEGE 5420 COLLEGE STATION BRUNSWICK,ME040118445	NONE	509(a)1	EDUCATIONAL PROGRAMMING	10,000
CARDINAL SPELLMAN HIGH SCHOOL 738 COURT STREET BROCKTON,MA02302	NONE	509(a)1	EDUCATIONAL PROGRAMMING	100
CHRISTOPHER'S HAVEN 1 EMERSON PLACE APT 2N BOSTON,MA02108	NONE	509(a)2	HEALTH WELLNESS ORGANIZATION	100
DANA FARBER CANCER INSTITUTE 44 BINNEY STREET BP535B BOSTON,MA02115	NONE	509(a)1	CANCER RESEARCH TREATMENT	50
DOCTORS WITHOUT BORDERS USA INC 333 7TH AVENUE 2ND FLOOR NEW YORK,NY10001	NONE	509(a)1	DISASTER EMERGENCY RELIEF	200
EVENING OF GIVING (SMOC) 354 HOSMER STREET MARLBOROUGH,MA01752	NONE	509(a)1	COMMUNITY WELFARE PROGRAM	600
FENWAY COMMUNITY HEALTH CENTER INC 1340 BOYLSTON STREET BOSTON,MA02215	NONE	509(a)1	COMMUNITY HEALTHCARE PROGRAM	50
FENWAY COMMUNITY HEALTH CENTER INC 1340 BOYLSTON STREET BOSTON,MA02215	NONE	509(a)1	COMMUNITY HEALTHCARE PROGRAM	50
FOLK ARTS OF NEW ENGLAND 10 FRANKLIN STREET STONEHAM,MA02180	NONE	509(a)2	CULTURAL ARTS PROGRAMMING	52
FORDHAM UNIVERSITY 888 7TH AVENUE 7TH FLOOR NEW YORK,NY10019	NONE	509(a)1	EDUCATIONAL PROGRAMMING	100
FRIENDS OF COMMISSION ON GLBT YOUTH 14 ROCKWOOD STREET JAMAICA PLAIN,MA021302423	NONE	509(a)1	GAY AND LESBIAN PROGRAMS	100
GREATER BOSTON FOOD BANK INC 70 SOUTH BAY BOSTON,MA02118	NONE	509(a)1	COMMUNITY CHARITY DRIVE	100
GREATER BOSTON PFLAG PO BOX 541619 WALTHAM,MA02454	NONE	509(a)1	COMMUNITY AWARENESS	110
GREATER BOSTON PFLAG PO BOX 541619 WALTHAM,MA02454	NONE	509(a)1	COMMUNITY AWARENESS	50
JEWISH FAMILY SERVICE OF METROWEST 475 FRANKLIN STREET BOSTON,MA01702	NONE	509(a)1	COMMUNITY WELFARE PROGRAM	675
KATHI GLAVIN HIGGINS SCHOLARSHIP 674 BOSTON ROAD BILLERICA,MA01821	NONE	509(a)1	EDUCATIONAL SCHOLARSHIPS	400
LAZARUS HOUSE INC PO BOX 408 LAWRENCE,MA01842	NONE	509(a)1	CIVIC RELIEF	100
LIONS CLUB INTERNATIONAL FOUNDATION 300 WEST 22ND STREET OAKBROOK,IL60523	NONE	509(a)1	COMMUNITY WELFARE PROGRAM	2,000
MARINE TOYS FOR TOTS FOUNDATION 18251 QUANTICO GATEWAY DRIVE TRIANGLE,VA22172	NONE	509(a)1	COMMUNITY CHARITY DRIVE	100
MARLBOROUGH CITY SCHOLARSHIP 140 MAIN STREET MARLBOROUGH,MA01752	NONE	509(a)1	EDUCATIONAL SCHOLARSHIPS	5,000
MARLBOROUGH CITY SCHOLARSHIP 140 MAIN STREET MARLBOROUGH,MA01752	NONE	509(a)1	EDCUATIONAL SCHOLARSHIPS	5,000
MARLBOROUGH HIGH SCHOOL 431 BOLTON STREET MARLBOROUGH,MA01751	NONE	509(a)1	EDUCATIONAL SCHOLARSHIPS	500
MARLBOROUGH ROTARY PO BOX 186 MARLBOROUGH,MA01752	NONE	509(a)2	EDUCATIONAL SCHOLARSHIPS	1,000
MAYOR'S CHARITY RELIEF FUND PO BOX 374 MARLBOROUGH,MA01752	NONE	509(a)1	CIVIC FUNDRAISER	5,000
MAYOR'S SENIOR APPRECIATION DINNER 10 COMMON STREET WOBURN,MA01801	NONE	509(a)1	ELDER SERVICES	2,500
MEDFORD JINGLE BELL FESTIVAL PO BOX 560303 MEDFORD,MA02156	NONE	509(a)1	COMMUNITY HEALTHCARE PROGRAM	1,000
MISHAWUM CHORAL SOCIETY 74 PEARL STREET WOBURN,MA01801	NONE	509(a)1	CULTURAL ARTS PROGRAMMING	200
MISSION OF DEEDS 6 CHAPIN AVENUE READING,MA01867	NONE	509(a)1	COMMUNITY WELFARE PROGRAM	250
NATIONAL MULTIPLE SCLEROSIS SOCIETY 101A FIRST AVENUE SUITE 6 WALTHAM,MA02451	NONE	509(a)1	HEALTH RESEARCH AND PROGRAMS	50
NEW COMMUNITIES SERVICES INC 116 NORFOLK STREET CAMBRIDGE,MA02139	NONE	509(a)1	AFFORDABLE HOUSING PROGRAM	250
NEXTDOOR THEATER COMPANY 40 CROSS STREET WINCHESTER,MA01890	NONE	509(a)1	COMMUNITY CULTURAL ARTS	250
NORTH SHORE MEDICAL CENTER PO BOX 1010 PEMBROKE,MA02359	NONE	509(a)1	CANCER RESEARCH TREATMENT	160
NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVENUE SUITE 501 BOSTON,MA02115	NONE	509(a)1	EDUCATIONAL SCHOLARSHIPS	200
ONLY A CHILD INC PO BOX 990885 BOSTON,MA02199	NONE	509(a)1	YOUTH WELFARE PROGRAM	50
ONLY A CHILD INC PO BOX 990885 BOSTON,MA02199	NONE	509(a)1	YOUTH WELFARE PROGRAM	50
PAN MASSACHUSETTS CHALLENGE 77 FOURTH AVENUE NEEDHAM,MA02494	NONE	509(a)1	HEALTH RESEARCH AND PROGRAMS	100
PARTNERS IN HEALTH 888 COMMONWEALTH AVENUE BOSTON,MA02284	NONE	509(a)1	POVERTY ASSISTANCE THIRD WORLD	200
PINE STREET INN INC 444 HARRISON AVENUE BOSTON,MA02118	NONE	509(a)1	COMMUNITY HOMELESS	100
PROJECT BREAD 145 BORDER STREET BOSTON,MA02128	NONE	509(a)1	COMMUNITY WELFARE PROGRAM	100
SALEM ACADEMY CHARTER SCHOOL 45 CONGRESS STREET SALEM,MA01970	NONE	509(a)1	EDUCATIONAL PROGRAMMING	250
ST FRANCIS HOUSE 39 BOYLSTON STREET BOSTON,MA02116	NONE	509(a)1	COMMUNITY WELFARE PROGRAM	125
STONEHILL COLLEGE 320 WASHINGTON STREET EASTON,MA023575620	NONE	509(a)1	EDUCATIONAL SCHOLARSHIPS	10,000
SUPPORTIVE LIVING INC 400 WEST CUMMINGS PARK SUITE 6100 WOBURN,MA01801	NONE	509(a)1	BRAIN INJURY RESIDENCE	150
SUPPORTIVE LIVING INC 400 WEST CUMMINGS PARK SUITE 6100 WOBURN,MA01801	NONE	509(a)1	BRAIN INJURY RESIDENCE	100,000
SUPPORTIVE LIVING INC 400 WEST CUMMINGS PARK SUITE 6100 WOBURN,MA01801	NONE	509(a)1	BRAIN INJURY RESIDENCE	5,000
THE HOME FOR LITTLE WANDERERS 271 HUNTINGTON AVENUE BOSTON,MA02115	NONE	509(a)1	AT RISK YOUTH HOUSING	100
THE SALVATION ARMY 25 SHAWMUT ROAD CANTON,MA02021	NONE	509(a)1	COMMUNITY CHARITY DRIVE	150
THE SEAN C ELMORE MEMORIAL FUND 8 FILLMORE DRIVE BILLERICA,MA01821	NONE	509(a)2	COMMUNITY OUTREACH	60
THE SMILE TRAIN 41 MADISON AVENUE 28TH FLOOR NEW YORK,NY10010	NONE	509(a)1	HEALTH RESEARCH AND PROGRAMS	125
THE WINTON CLUB 41 HIGHLAND AVENUE WINCHESTER,MA01890	NONE	509(a)2	HEALTH RESEARCH AND PROGRAMS	50
TIC NETWORK 130 ENTERPRISE DRIVE MARSHFIELD,MA02050	NONE	509(a)1	COMMUNITY ENRICHMENT PROGRAMS	100
TRUSTEES OF BOSTON UNIVERSITY 890 COMMONWEALTH AVENUE BOSTON,MA02215	NONE	509(a)1	EDUCATIONAL PROGRAMMING	350
UNITED STATES HOLOCAUST 100 RAOUL WALLENBERG PLACE SW WASHINGTON,DC200242126	NONE	509(a)1	EDUCATIONAL PROGRAMMING	5,000
UNITED WAY OF MASSACHUSETTS BAY 51 SLEEPER STREET BOSTON,MA022101276	NONE	509(a)1	COMMUNITY WELFARE PROGRAM	10,000
UNIV OF MASSACHUSETTS- DARTMOUTH 285 OLD WESTPORT ROAD DARTMOUTH,MA027472300	NONE	509(a)2	EDUCATIONAL SCHOLARSHIPS	1,000
VNA HOSPICE CARE 100 SYLVAN ROAD SUITE G500 WOBURN,MA01801	NONE	509(a)1	COMMUNITY HEALTHCARE PROGRAM	100
VNA OF MIDDLESEX EAST HOSPICE 607 NORTH AVENUE SUITE 17 WAKEFIELD,MA01880	NONE	509(a)1	COMMUNITY HEALTHCARE PROGRAM	500
WGBH ONE GUEST STREET BOSTON,MA02135	NONE	509(a)1	EDUCATIONAL PROGRAMMING	200
WINCHESTER ABC HOUSE PO BOX 94 WINCHESTER,MA01890	NONE	509(a)1	EDUCATIONAL PROGRAMMING	100
WINCHESTER COMMUNITY MUSIC SCHOOL 407 HIGHLAND AVENUE WINCHESTER,MA01890	NONE	509(a)1	COMMUNITY CULTURAL ARTS	500
WINCHESTER FOUNDATION FOR EDUCATION PO BOX 1005 WINCHESTER,MA01890	NONE	509(a)1	EDUCATIONAL PROGRAMMING	100
WINCHESTER GOT LUNCH INC PO BOX 322 WINCHESTER,MA01890	NONE	509(a)1	YOUTH WELFARE PROGRAM	100
WINCHESTER HISTORICAL SOCIETY 15 HIGH STREET WINCHESTER,MA01890	NONE	509(a)1	CULTURAL ENRICHMENT PROGRAM	100
WINCHESTER HISTORICAL SOCIETY 15 HIGH STREET WINCHESTER,MA01890	NONE	509(a)1	CULTURAL ENRICHMENT PROGRAM	1,000
WINCHESTER HOSPITAL FOUNDATION 611 MAIN STREET WINCHESTER,MA01890	NONE	509(a)1	HEALTH RESEARCH AND PROGRAMS	500
WINCHESTER MULTICULTURAL PO BOX 346 WINCHESTER,MA01890	NONE	509(a)1	COMMUNITY AWARENESS	125
WINCHESTER SCHOLARSHIP FOUNDATION PO BOX 174 WINCHESTER,MA01890	NONE	509(a)1	EDUCATIONAL SCHOLARSHIPS	100
WINCHESTER SENIORS ASSOCIATION 109 SKILLINGS ROAD WINCHESTER,MA01890	NONE	509(a)2	ELDER SERVICES	100
WOBURN MEMORIAL HIGH SCHOOL 88 MONTVALE AVENUE WOBURN,MA01801	NONE	509(a)1	EDUCATIONAL PROGRAMMING	250
WRIGHT-LOCKE FARM CONSERVANCY INC PO BOX 813 WINCHESTER,MA01890	NONE	509(a)1	CONSERVATION PROGRAMS	125
YMCA CAMP BELKNAP FIC PO BOX 1546 WOLFEBORO,NH038940000	NONE	509(a)2	YOUTH ENRICHMENT PROGRAM	200
Total ................................. 3a				186,737

- TIN:

TY 2012 GeneralExplanationAttachment

Name:

Cummings Foundation Inc

EIN: 04-3073023

Identifier	Return Reference	Explanation
Attachment to Form 990-PF	Part VII-A, Question 11; Part III, Line 5; and Part VII-B, Question 5c	During 2012, Cummings Foundation, Inc. transferred $2,850,050 to OneWorld Boston, Inc. This transfer is a partial distribution pursuant to a larger plan to transfer substantial assets of the Cummings Foundation under 507(b)(2) for the creation of an endowment in support of OneWorld Boston. Expenditure Responsibility Statement for the year 2012 Pursuant to IRC Regulation Sec. 53.4945-5(d)(2), Cummings Foundation, Inc. (Cummings Foundation) provides the following information: (i) Controlled Entity: OneWorld Boston, Inc. (OneWorld Boston) 200 West Cummings Park Woburn, MA 01801 (ii) Amount of Transfers: $225,000 March 6, 2012 $100,000 April 10, 2012 $600,000 May 2, 2012 $1,500,000 June 14, 2012 $200,050 July 11, 2012 $200,000 August 2, 2012 $25,000 September 12, 2012 __________ $2,850,050 TOTAL IN 2012 (iii) Purpose of Transfers: Endowment in support of OneWorld Boston (EIN 80-0681389), a grant-making private foundation qualified under IRC sec. 501(c)(3), and a controlled entity of Cummings Foundation, within the meaning of IRC sec. 512(b)(13). (iv/vi) Reports: OneWorld Boston submitted a full and complete report of its expenditure of the 2012 year transfers on October 28, 2013. The report reflected that of the $2,850,050 received during the year, $2,676,664 was expended on grants to public charities, $135 was expended on fees, and $173,251 was retained for addition to an endowment or the payment of future OneWorld Boston grants. (v) Diversions: To the knowledge of transferor Cummings Foundation, no funds have been diverted to any activity other than the activity for which the transfer was originally made. (vii) Verification: Cummings Foundation has no reason to doubt the accuracy or reliability of the report from OneWorld Boston; therefore, no independent verification of the report was made.
SUMMARY OF DIRECT CHARITABLE ACTIVITIES	FORM 990-PF, PART IX-A	New Horizons at Choate - $3,510,821. Established in 1990 and accommodates 125 seniors. The facility is located in Woburn, MA. Formerly the Choate Memorial Hospital property. This property was converted to a retirement community which includes suites for independent living and assisted living units. New Horizons at Marlborough - $7,740,421. Established in 1993 and accommodates approximately 500 residents at its Marlborough, Massachusetts campus. Both facilities have the ability to accommodate active and independent seniors, seniors requiring assistance with activities of daily living (assisted living residents) and seniors suffering from Alzheimer's disease. Cummings School of Veterinary Medicine - $56,309,837. Cummings Foundation has entered into a long-term agreement with Tufts University to operate its veterinary school through a subsidiary called Veterinary School at Tufts, LLC. Cummings Foundation will contribute at least $50 million to support the Cummings School of Veterinary Medicine over the next 15-20 years. The IRS issued a Private Letter Ruling on May 6, 2004, confirming that the distributions to Tufts University and the expenses Cummings Foundation incurs in operating the Cummings School constitute qualified distributions directly for the active conduct of Cummings Foundation's exempt purposes. Institute for World Justice, LLC ("IWJ") (EIN 80-0690363) - $0. The principal purpose of IWJ is to promote more serious study of the holocaust, genocides, and injustices of all kinds in a core group of New England schools. IWJ expects to serve as an active coordinating organizaton that makes programming available to participating schools, and assists each such school in tailoring a program to that schools particular needs. Organized as a single-member LLC (and disregarded entity of Cummings Foundation, Inc.) On February 18, 2011, IWJ had no revenues or expenditures, nor did it acquire any assets or incur any liabilities in 2012. The IRS issued a determination letter on December 9, 2011, confirming IWJ was likely to qualify as a private operating foundation described in section 4942(j)(3) of the internal revenue code.
DESCRIPTION OF RENTAL OF FACILITIES	FORM 990-PF, PART XVII, LINE 1D	Reporting Organization has a division called New Horizons at Marlborough, LLC (EIN: 75-3031923) ("NHM"). NHM is lessee of real property from HEM Realty, Inc. (EIN: 30-0553220) ("HEM Realty"), which it uses in operations. HEM Realty is a 501(c)(2) title holding company that is related to Reporting Organization. Because HEM Realty holds title for Reporting Organization, and consistent with its purposes would turn over any rent it collects to Reporting Organization, HEM Realty waives payment of rent from Reporting Organization's division, NHM. Reporting Organization has a division called New Horizons at Choate, LLC (EIN: 75-3031909) ("NHC"). NHC is lessee of real property from NHC Realty, Inc. (EIN: 30-0553218) ("NHC Realty"), which it uses in operations. NHC Realty is a 501 (c)(2) title holding company that is related to Reporting Organization. Because NHC Realty holds title for Reporting Organization, and consistent with its purposes would turn over any rent it collects to Reporting Organization, NHC Realty waives payment of rent from Reporting Organization's division, NHC.

- TIN:

TY 2012 InvestmentsCorpStockSchedule

Name:

Cummings Foundation Inc

EIN: 04-3073023

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3M CPMPANY	185,875	210,584
AARON'S INC SHS A	301,551	338,200
ACUITY BRANDS INC	360,620	453,859
ADIDAS AG SPONSORED ADR	255,996	309,478
AEON COMPANY LTD ADR	293,428	267,011
AERCAP HOLDINGS N.V. SHS	262,007	291,550
AFFILIATED MANAGERS GRP	529,264	781,420
AFLAC INC COM	4,294,845	5,312,000
AGCO CORP COM	174,147	261,220
AGRICULTURAL BANK OF CH	106,466	126,403
AGRIUM INC	294,940	415,665
AIR METHODS CRP COM$0.06	136,274	549,774
AIRGAS INC COM	217,143	227,038
ALBEMARLE CORP COM	272,165	397,381
ALLIANZ SE SPD ADR	264,237	295,748
ALLIED WORLD ASSURANCE	157,969	256,415
AMERICA MOVIL SAB DE CV	254,276	236,537
AMERICAN EAGLE OUTFITTERS	268,574	368,298
AMETEK INC NEW	345,751	508,585
AMGEN INC COM PV $ .0001	103,112	154,298
ANHEUSER-BUSCH INBEV ADR	856,216	928,032
ANSYS INC COM	420,200	549,225
APPLE INC	4,962,651	8,313,605
APPLIED MICRO CIRCUITS	133,691	164,274
APTARGROUP INC	399,293	453,722
ARCHER DANIELS MIDLD	186,561	174,063
ARM HLDGS PLC SPD ADR	51,554	189,528
ASCENA RETAIL GROUP INC	255,319	226,497
ASML HLDG N.V. NEW YORK	165,743	243,974
ASSA ABLOY AB ADR	368,474	376,216
ASTRAZENECA PLC SPND ADR	698,350	728,241
AT&T INC	5,005,570	6,404,900
AUST NW Z B G ADR	231,661	353,356
AUTOMATIC DATA PROC	3,665,984	5,693,000
AXIS CAPITAL HOLDINGS	253,863	319,034
BAE SYS PLC SPN ADR	615,501	627,338
BAIDU INC SPON ADR	343,272	280,110
BAKER HUGHES INC	217,820	170,008
BANCO BRADESCO S A ADR	307,219	287,334
BANCOLOMBIA S.A. SPDS ADR	98,552	98,871
BANK OF THE OZARKS INC	122,459	275,257
BARCLAYS PLC ADR	149,362	183,159
BASKET CLIRN ISSURER BAC	7,960,000	8,048,000
BAXTER INTERNTL INC	3,038,447	3,999,600
BAYER AG SP ADR	584,398	654,270
BECTON DICKINSON & CO	2,631,966	3,127,600
BECTON DICKINSON CO	182,159	192,347
BG GROUP PLC SP	136,849	100,076
BG GROUP PLC SPON ADR	333,923	303,621
BG GROUP PLC SPON ADR	52,248	40,588
BIO RAD LABS CL A	499,065	558,341
BIO REFERNCE LABS0.01 NEW	338,620	476,371
BLACK HILLS CORP	159,743	174,250
BLACKBAUD INC	412,420	460,527
BLACKROCK INC	7,443,292	8,764,504
BLUE NILE INC	208,124	197,210
BOEING COMPANY	5,267,172	6,028,800
BRAZIL STARS ISSUER BAC	4,987,500	4,530,000
BRITISH AMN TOBACO SPADR	473,003	455,625
BRUKER CORP	230,026	223,936
BUFFALO WILD WINGS INC	163,279	181,103
BURBERRY GROP PLC-SP ADR	142,356	149,418
CANADIAN NATL RAILWAY CO	424,795	588,744
CANON INC ADR REP5SH	196,108	211,734
CAP GEMINI SP ADR	135,145	159,120
CARLISLE COS INC	389,058	512,035
CARLSBERG AS SPONSOREDAD	311,722	357,457
CARMAX INC	228,230	362,862
CARNIVAL CORP PAIRED SHS	348,189	358,765
CARRIZO OIL & GAS INC	277,247	219,409
CAVIUM INC	340,483	487,719
CENTENE CORP	357,716	415,412
CEPHEID INC CALIF COM	166,733	151,320
CGI GROUP INC	178,908	254,291
CHECK POINT SOFTWRE TECH	423,955	477,210
CHEESECAKE FACTORY INC	271,382	427,356
CHEVRON CORP	205,725	207,953
CHICAGO BRDG & IRON CO NV	149,490	330,197
CHIMERA INVESTMENT CORP	258,584	239,447
CHINA MOBILE LTD SPN ADR	298,841	374,046
CHINA PETE CHEM SPN ADR	320,663	367,284
CHINA PETE CHEM SPN ADR	222,768	269,602
CHUNGHWA TELECOM CO LTD	70,352	67,655
CHURCH & DWIGHT CO INC	433,357	560,556
CIA BRA DIS PAO ADS REGS	59,040	68,938
CIELO S A SPONSORED ADR	102,516	130,892
CISCO SYSTEMS	2,502,574	2,554,422
CISCO SYSTEMS INC COM	211,013	229,839
CITY NATIONAL CORP	417,836	443,798
CLARCOR INC	456,295	474,694
CNOOC LTD ADR	427,161	552,860
COCA COLA COM	2,468,165	3,625,000
COGENT COMMUNICATIONS	250,884	263,258
COLUMBIA SPORTSWEAR CO	198,101	225,233
COMCAST CORP	3,544,640	5,604,000
COMCAST CORP NEW CL A	1,646,405	3,736,000
COMMVAULT SYS INC	89,809	484,363
COMP DE BEBIDAS SPN ADR	91,561	110,560
COMPANHIA D SNMNTO BSCO D	242,832	519,805
COMPANHIA ENERG DE ADR	232,935	156,091
COMPASS MINERALS INTL	237,746	230,406
COPA HOLDINGS S A CL A	267,648	318,439
COPART INC	154,865	219,480
COPEL PARANA ADR PREF B	600,563	461,713
CORPORATE EXEC BOARD CO	153,134	310,293
CREDICORP LTD COM PV $5	83,799	110,506
CREDICORP LTD COM PV $6	13,989	15,535
CULLEN FRST BKRS PV$0.01	234,066	222,670
CVS CAREMARK CORP	4,607,921	5,802,000
D R HORTON INC	86,712	144,394
DAIHATSU MOTOR UNSPOND	189,873	201,111
DAITO TR CONSTRUCTION CO	261,608	251,771
DANAHER	5,729,307	6,596,200
DARLING INTERNATIONAL INC	197,667	195,030
DASSAULT SYS SA SPN ADR	108,953	200,282
DEAN FOODS CO NEW	249,755	250,193
DENTSPLY INTL INC	593,266	664,418
DEUTSCHE BK AG REG SHS	162,391	157,230
DEUTSCHE BOERSE AG SHS	322,336	357,111
DEVON ENERGY CORP NEW	210,481	167,257
DIAGEO PLC SPSD ADR NEW	208,447	382,965
DIAGEO PLC SPSD ADR NEW	203,404	288,769
DJIA STEPUPEN ISSUER BAC	3,000,000	3,318,000
DOMTAR CORP SHS	228,247	270,772
DR REDDY'S LAB LTD ADR	93,814	104,331
DRESSER RAND GROUP INC	292,931	327,184
DRIL QUIP	215,643	228,573
DRILL QUIP	291,118	297,460
DUPONT EI DE NEMOURS	261,009	248,506
EATON CORP PLC	211,513	220,946
EATON VANCE CORP N	317,138	382,073
ECOPETROL SA SPON ADR	85,771	119,758
ELDORADO GOLD CORP NEW	91,427	64,580
ELEKTA B SHS UNSPOND ADR	160,206	164,723
ELI LILLY & CO	2,518,359	3,205,800
EMBRAER S A SPONSRD ADR	267,818	329,804
EMC CORPORATION MASS	2,921,621	3,036,000
ENERGIZER HOLDINGS INC COM	195,165	220,345
ENERGY XXI LTD NEW COM	247,047	257,167
ENERSIS S A SPON ADR	315,957	262,623
ENI SPA SPNSORED ADR	206,835	219,902
EQUIFAX INC	382,681	502,667
EURASIA DRILG CO GDR REG	56,178	69,758
EXPRESS INC	474,980	419,955
EXXON MOBIL CORP COM	5,669,515	7,576,414
FACTSET RESH SYS INC	272,853	324,765
FAIR ISAAC CORPORATION	400,754	565,640
FANUC LTD-UNSP	354,376	528,842
FEDEX CORP DELAWARE COM	179,404	201,509
FIRST REP BK SAN FRNCISC	317,413	398,375
FLEXTRONICS INTL LTD	276,809	236,887
FLIR SYSTEMS INC	310,659	296,464
FLSMIDTH AND CO A/S ADR	174,207	147,972
FOCUS MEDIA HLDG LTD ADR	36,473	43,921
FORD MOTOR CO	201,071	234,045
FOREST CITY ENTRPRS CLA	232,330	335,484
FRAC KINDER MORGAN MGMT	80	0
FRANCE TELECOM ADR	486,411	258,161
FRESENIUS MEDICAL CARE	262,871	335,934
FRONTIER COMMUNICATIONS	260,048	239,975
FUJI HEAVY INDS LTD ADR	210,582	382,486
GARTNER INC	228,183	270,966
GENERAL ELECTRIC	148,640	191,702
GENERAL MILLS	209,955	216,328
GENL DYNAMICS CORP CON	5,294,434	5,749,410
GENTEX CORP	540,752	462,541
GILEAD SCIENCES INC COM	125,703	229,458
GOLDEN AGRI-RES LTD ADR	153,312	161,841
GOOGLE INC	4,637,290	7,073,800
GOOGLE INC CL A	225,330	262,438
GRACO INC	224,961	332,419
GREAT LAKES DREDGE DOCK	272,831	328,129
GRUPO FIN BANORTE-SPON	66,164	107,771
GRUPO TELEVISA SA ADR	83,018	108,393
HAIN CELESTIAL GROUP INC	132,901	127,959
HANG LUNG PROPERTIES ADR	202,110	225,458
HCC INS HOLDING INC	628,702	732,702
HDFC BANK LTD	49,638	65,478
HENNES AND MAURITZ AB-	313,962	357,054
HERBALIFE LTD	177,228	234,796
HERSHA HOSPTLTY TR A SBI	304,361	277,170
HITACHI LTD 10 NEW	238,802	262,474
HITACHI LTD 10 NEW ADR	324,997	340,851
HITTITE MICROWAVE CORP	291,160	300,370
HON HAI PRECISIONS GDR	84,932	94,754
HONG KONG EXCHANGES AND	228,078	203,599
HUMANA INC	2,303,750	3,431,500
HUNT JB TRANS SVCS INC	320,436	403,819
HYUNDAI MTR GDR REGS	94,735	102,199
ICICI BANK LTD SPD ADR	85,721	111,031
IDEX CORP DELAWARE COM	650,908	864,527
IMPERIAL TOB GRP SPS ADR	255,646	277,802
INDUSTRL AND COMMRCL BNK	473,098	489,438
INFORMA PLC UNSP ADR	254,299	268,223
ING GP NV SPSD ADR	286,546	290,157
INSULET CORP	313,398	336,486
INTERPID POTASH INC	254,431	243,409
INT'L BUSINESS MACHINES	233,353	238,480
INTREPID POTASH INC	21,920	15,925
INTUIT INC COM	184,968	205,785
ISRAEL CHEMICALS-UNSPON	210,152	241,501
ITAU UNIBANCO BANCO HOLD	387,948	323,900
ITC HLDGS CORP	300,643	323,099
JACK HENRY & ASSOC INC	237,850	337,165
JACOBS ENGN GRP INC DELA	441,543	450,050
JP MORGAN CHASE & CO	196,537	254,317
JPMORGAN CHASE & CO	6,809,489	7,606,654
KDDI CORP SHS	467,212	508,302
KIMBERLY CLARK DE MX SAB	79,039	116,526
KINGFISHER PLC SP ADR	294,255	307,858
KINGFISHER PLC SP ADR	300,959	387,415
KIRBY CORP COM	665,753	856,310
KOC HLDG AS-UNSPON	140,077	185,448
KOMATSU NEW SPNSDADR	454,236	515,665
KOMATSU NEW NEW SPNSDADR	219,370	244,888
KORN/FERRY INT'L PV $.10	135,628	132,796
KRAFT FOODS INC VA CL A	2,219,949	3,031,303
LABORATORY CP AMER HLDGS	196,103	201,305
LAS VEGAS SANDS CORP	241,441	252,634
LI & FUNG LTD-UNSP ADR	217,728	217,034
LKQ CORP	533,437	800,028
LUKOIL SPONSORED ADR	266,498	299,970
LVMH MOET HENNESSY ADR	494,089	679,174
MAGNA INTL INC CL A VTG	133,477	172,419
MAGNIT OJSC	42,968	81,082
MAHINDRA & MAHINDRA GDR	61,808	70,984
MANULIFE FINANCIAL CORP	342,040	311,388
MARATHON OIL CORP	152,959	169,734
MARATHON OIL CORP.	4,053,475	5,365,500
MARATHON PETROLEUM CORP	792,416	2,205,000
MARKEL CORP COM	761,690	907,148
MARKS & SPENCER GP ADR	163,207	171,014
MC GRAW HILL COMPANIES	191,090	244,430
MCDONALDS CORP CON	3,864,215	6,174,700
MCEWEN MINING INC.	205,962	212,316
MERCADOLIBRE INC	168,008	205,251
MERCK KGAA	325,559	317,539
METTLER-TOLEDO INTL INC	193,699	282,605
MFA FINANCIAL INC	328,943	385,558
MICROS SYSTEMS INC	257,266	227,860
MICROSOFT	4,070,592	4,246,842
MINDRAY MED INTL SPN ADR	104,319	122,625
MITSUBISHI UFJ FINL GRP	238,493	237,423
MITSUI CO ADR	573,975	502,436
MIZUHO FINL GROUP INC	329,437	360,821
MOBILE MINI INC	230,720	305,375
MORGAN STANLEY	171,282	194,661
MORNINGSTAR INC	658,590	774,757
MTN GROUP LTD-SPONS ADR	59,069	71,064
MWI VETERINARY SUPPLY IN	118,841	356,510
NESTLE S A REP RG SH ADR	199,785	322,592
NETEASE.COM INC ADR	68,480	62,944
NETGEAR INC	177,005	323,799
NEW ORIENTAL EDUCATIO	50,224	45,194
NII HLDGS INC CL B	366,523	306,062
NIPPON TELG&TEL SPDN ADR	256,351	256,924
NITTO DENKO CORP ADR	256,629	310,872
NOVARTIS ADR	769,838	890,631
NOVO NORDISK A S ADR	192,226	430,874
NTELOS HOLDINGS CORP	133,723	138,386
OAO GAZPROM SPON ADR	296,722	172,075
OCEANEERING INTL INC	226,311	341,567
OJSC OC ROSNFT SP GDR RE	82,059	109,727
ORACLE CORP $0.01 DEL	5,969,942	7,663,600
O'REILLY AUTOMOTIVE INC	346,959	440,125
PACCAR INC	209,216	218,093
PALL CORP PV $0.10	206,246	223,685
PEARSON SPONSORED ADR	223,123	230,924
PEPSICO	4,117,050	5,850,765
PEPSICO INC	207,002	222,603
PETRLEO BRAS VTG SPD ADR	102,996	90,866
PETRLEO BRAS VTG SPD	120,310	75,193
PETROFAC LTD	289,482	287,223
PFIZER INC	2,067,994	2,758,723
PFIZER INC DEL PV$0.05	3,186,965	5,015,860
PHILPPNE L D TEL ADR	65,533	71,855
PIER 1 IMPORTS INC DEL	244,860	308,200
POSCO SPN ADR	317,289	307,652
POTASH CORP SASKATCHEWAN	428,725	439,004
POWER INTEGRATIONS	326,684	375,928
PRAXAIR INC	206,516	221,527
PRINCIPAL FINANCIAL GRP	182,939	213,729
PROTECTIVE LIFE CORP COM	244,145	409,094
PT UNITED TRACTORS TBK	44,715	32,740
PUBLICIS GROUPE SPON ADR	218,056	288,192
PVH CORP	118,978	437,046
QLIK TECHNOLOGIES INC	309,930	306,469
QUALCOMM INC	223,193	246,139
RANDGOLD RESOURCES ADR	39,551	36,907
RBC BEARINGS INC	174,814	347,936
RECKITT BENCKISER GROUP	275,359	360,345
REDWOOD TRUST INC	148,785	244,500
REED ELSEVIER N V	321,712	353,806
RELIANCE STL & ALUM CO	389,543	446,126
RENAISSANCERE HLDGS LTD PER	131,143	184,541
RIO TINTO PLC SPNSRD ADR	574,005	608,667
ROGERS COMMUNICATIONS B	228,128	229,876
ROSETTA RESOURCES INC.	402,749	451,342
ROYAL DUTCH SHELL PLC	650,288	715,012
RYANAIR HLDGS PLC	206,372	199,681
SABMILLER PLC SPON DR	107,683	186,832
SAGE GROUP PLC UNSP ADR	134,205	168,633
SALESFORCE COM INC	1,187,259	5,043,000
SALLY BEAUTY HLDGS INC	515,768	621,918
SANOFI ADR	284,053	379,230
SANOFI AVENTIS SPON ADR	508,799	640,767
SAP AG SHS	759,804	911,107
SASOL LTD SPONSORED ADR	522,796	500,562
SBA COMMUNICATIONS	254,726	679,137
SBERBANK SPONSORED ADR	236,785	270,279
SCHEIN (HENRY) INC COM	462,615	608,136
SCHLUMBERGER LTD	6,398,989	6,611,987
SEADRILL LTD	158,704	172,040
SEI INVT CO PA PV $0.01	316,192	401,331
SEMPRA ENERGY	114,941	151,315
SEVEN AND I HOLDINGS CO	161,722	164,993
SHINHAN FINL GRP SP ADR	104,350	101,346
SHOPRITE HOLDINGS LTD	107,761	153,487
SIEMENS AG ADR	266,408	254,189
SIEMENS AG	293,093	386,867
SIGNET JEWELERS LTD SHS	171,607	293,433
SILICONWARE PRECSN SPADR	70,800	80,671
SK TELECOM ADR	452,302	395,196
SK TELECOM ADR	266,765	260,150
SOCIEDAD Q&M CHLE SPDADR	75,443	75,508
SOFTBANK CORP SHS	165,344	164,258
SOHU COM INC	36,470	33,659
SOLERA HOLDINGS INC	278,471	282,215
SOUTHERN COPPER CORP	105,160	125,014
STARBUCKS CORP	4,594,815	5,363,000
STARWOOD PPTY TR INC	443,262	520,664
STATE STREET CORP	208,257	239,281
STATOIL ASA SHS	511,194	543,694
SUMITOMO MITSUI-UNSPONS	347,242	393,116
SVENSKA C AKTI SPONS ADR	114,450	192,611
SWATCH GROUP AG UNSPOND	364,669	434,137
SWEDBANK A B ADR	157,098	162,855
TAIWAN MANUFCTRING ADR	103,193	131,549
TAIWAN S MANUFCTRING ADR	396,022	524,238
TATA MOTORS LTD ADR	504,340	560,902
TEAM HEALTH HOLDINGS INC	198,740	217,616
TECHNIP SP ADR	210,660	212,184
TELEFONICA BRASIL SP ADR	219,789	245,412
TELEKOMUNIKASI INDONESIA	62,253	69,909
TELSTRA CORP ADR	149,854	149,581
TELSTRA CORP ADR	110,094	164,278
TENCENT HOLDINGS LTD ADR	295,721	464,022
TEVA PHARMACTCL INDS	507,744	420,560
TEVA PHARMACTCL INDS ADR	7,696,534	7,048,971
THERMO/FISHER SCIENTIFIC	2,257,345	3,826,800
TIME WARNER CABLE INC	121,665	193,214
TORONTO DOMINION BANK	159,451	334,790
TOYOTA MOTOR CORP ADR	382,469	430,629
TRANSDIGM GROUP INC	211,754	232,630
TULLOW OIL PLC SHS	382,790	396,398
TURKIYE GRTI BK SPN ADR	224,464	278,382
TW TELECOM INC	302,948	518,824
UMPQUA HLDGS CORP ORE	350,159	329,189
UNILEVER PLC NEW ADR	525,268	524,656
UNION PACIFIC CORP	3,096,738	6,286,000
UNITED NAT FOODS I	154,712	303,748
UNITED TECHS CORP COM	226,837	240,125
UNITED TECHS CORP COM	3,825,713	6,150,750
UNIVERSAL HEALTH SVCS B	264,607	433,264
UNTD OVERSEAS BK SPN ADR	566,774	624,676
VAIL RESORTS INC	293,398	401,456
VALE SA	593,941	511,235
VALEO SPONSORED ADR	493,181	474,782
VALIDUS HOLDINGS LTD	251,383	263,396
VARIAN MEDICAL SYS INC	253,922	330,830
VERISK ANALYTICS INC	271,591	345,118
VERIZON	5,942,783	7,658,790
VERIZON COMMUNICATIONS COM	80,718	93,939
VODAFONE GROP PLC SP ADR	145,295	137,739
VOLKSWAGEN A G SPONS ADR	188,955	290,162
W R BERKLEY CORP	244,357	250,556
WADDELL & REED FINL A	242,380	281,972
WAL-MART DE MEX SPNADR V	124,720	200,482
WAL-MART STORES INC.	4,031,185	5,458,400
WASTE CONNECTIONS	243,075	387,605
WATERS CORP	103,176	113,256
WELLS FARGO & CO NEW DEL	195,827	257,410
WHITE MTNS INS GRP LTD	374,107	570,105
WILEY JOHN & SONS CL A	625,926	652,506
WINTRUST FINL CP ILL COM	312,336	311,767
WOORI FIN HLDGS CO S ADR	148,026	130,198
WUXI PHARMATECH CAYMAN	252,567	250,016
YAMANA GOLD INC	234,497	337,609
YANDEX N V CL A	282,264	221,043
YANZHOU COAL MNG SPD ADR	115,955	92,266
YUM BRANDS INC	227,253	225,760
ANNALY MTG MGMT INC.	500,000	508,200
BANK OF AMERICA 6% - BAC VIII	1,000,000	1,004,400
BB&T CORPORATION	1,000,000	1,039,200
BCF CAPITAL TRUST II	1,000,000	1,050,000
CITIGROUP CAP IX 6%	300,000	299,640
CITIGROUP CAP X 6.1%	750,000	746,097
CITIGROUP CAP XI 6%	1,000,000	994,000
CORP BK TRST 7% PFD	121,504	127,700
COUNTRYWIDE CAPITAL IV	275,000	273,020
COUSINS PROPERTIES CO	375,000	375,300
DUKE REALTY CORP	375,000	376,290
FINL SECURITY ASSUR HLGS	250,000	242,500
FORD MOTOR	375,004	388,500
GECC STEP UP PINES - GEP	1,000,000	1,011,200
GENERAL ELECT CAP CORP -6.625%	43,000	43,034
GECC 6.1% PINES - GEC	250,000	248,000
GMAC 7.375% - GOM	1,000,000	995,600
GOLDMAN SACHS GRP 6.2%	1,000,000	1,006,000
GOLDMAN SACHS GRP 6.5%, 11/1/	250,000	267,800
HSBC FINANCE CORP 6.2%	1,000,000	1,002,400
HSBC FINANCE CORP 6.36%	1,000,000	1,001,200
ING GROUP N V PERP 6.2%	375,000	366,300
ING GROUP N V PERP 6.2%	300,000	300,120
ING GROUP N V PERP 7.2%	250,000	250,800
JP MORGAN CAP XVI 6.35%	250,000	252,800
JP MORGAN CHASE CAP XI 5.875%	250,000	251,700
KILROY REALTY CORP.	375,000	388,650
MORGAN STANLEY CAP IV 6.25%	500,000	499,800
MORGANSTANLEY 6.6% TR PFD CAP	1,000,000	1,008,000
MORGANSTANLEY TRV 5.75%	500,000	493,200
NPB CAPITAL TRUST	40,000	41,328
RBS CAP FDG TR VI	250,000	209,900
SLM CORP 6% PFD	500,000	479,800
VORNADO REALTY TR 6.625%	375,000	375,900
MANAGERS CADENCE CAPITAL	939,854	1,018,842
OPPENHEIMER DEVELOPING	11,570,001	12,828,297
OPPENHEIMER DEVELOPING MKTS	5,000,000	6,411,664
RS GLOBAL NATURAL	5,000,000	5,219,618
SECTOR SPDR TR SBI ENERGY	1,403,404	2,142,600
ASML HLDG NV NY REG SHS	146,567	161,748
ACCENTURE PLC SHS	186,640	210,273
AIA GROUP LTD	308,374	322,251
ASSOC BRIT FOODS ADR NEW	141,737	148,862
ATLANTIA SPA SHS	259,190	273,383
AVAGO TECHNOLOGIES LTD	252,087	253,017
BANK MANDIRI TBK-UNSPON	77,372	84,704
BANK OF MONTREAL	254,436	270,149
BANK OF NOVA SCOTIA	277,406	285,869
BAYERISCHE MOTORENWERKE	221,397	242,055
BHP BILLITON LTD ADR	415,496	479,146
BIDVEST GROUP LTD ADR	57,364	72,712
BNP PARIBAS SPONSORD ADR	304,935	309,626
BOK FINCL CORP NEW	298,200	283,138
BONANZA CREEK ENERGY INC	186,623	216,401
BRITISH SKY BDCT SPD ADR	142,215	143,612
BT GROUP PLC ADR	260,818	272,789
CIE GENERALE DES	190,973	250,717
CINEMARK HLDGS INC	210,577	210,854
COGNIZANT TECH SOLUTNS A	83,663	89,841
COLONY FINANCIAL INC	206,214	209,313
COMPASS GROUP PLC ADR	162,980	163,263
DSW INC	260,888	269,395
DU PONT E I DE NEMOURS	4,518,605	4,497,850
EEM STARS ISSUER BARC	4,987,500	5,320,000
ENSCO PLC SHS CL A	184,729	217,024
EXPERIAN PLC SP ADR	165,228	157,388
EXPRESS SCRIPTS HLDG CO	5,236,797	5,371,002
FACEBOOK INC	190,000	133,099
FORTINET INC	159,008	171,733
GETINGE AB SHS	242,734	249,288
HANG SENG BK LTD SPN ADR	154,831	172,992
HARRIS TEETER	326,809	387,567
HSBC HLDG PLC SP ADR	282,762	326,381
HSBC HLDG PLC SP ADR	551,888	646,976
LARSEN&TOUBRO REG S GDR	52,456	59,029
LIXIL GROUP CORPORATION	219,555	227,001
LLOYDS BANKING GROUP PLC	139,831	147,283
MATTRESS FIRM HLDG CORP	294,896	251,408
MONDELEZ INTERNATIONAL	4,106,532	5,090,640
NETEASE.COM INC ADR	250,472	170,545
OAO NOVATEK	64,900	55,108
ORICA LTD-UNSP ADR	144,810	151,594
PETROLEUM GEO SVS SP ADR	136,757	141,892
POLYPORE INTL INC	236,218	286,533
PROSPERITY BANCSHARES	310,590	313,908
PRUDENTIAL PLC ADR	624,261	692,052
RED ELECTRICA CORP SUSPN T	103,194	109,699
REXAM PLC-NEW NEW ADR	547,750	576,844
REXNORD CORP NEW	195,430	214,342
ROYAL BK SCOTLAND GR ADR	158,997	168,022
ROYAL DUTCH SHEL PLC	304,925	311,999
SABMILLER PLC SPON ADR	84,457	98,774
SAMPO PLC SHS	257,843	257,682
SAMSUNG ELECTR-GDR REG	152,082	226,756
SANDS CHINA LTD UNSP ADR	141,649	151,200
SANDVIK AB ADR	170,878	180,880
SEGA SAMMY HOLDINGS INC	150,784	118,081
SIGNATURE BANK	258,220	273,518
SINA CORPORATION	40,447	40,578
SYNGENTA AG ADR	160,690	190,526
TAIWAN MANIFACTURING ADR	75,680	96,988
TAIWAN S MANUFACTURING ADR	69,615	80,772
TELEDYNE TECH INC	242,713	252,016
WEX INC	319,413	557,210
WOLSELEY PLC SHS ADR	239,129	239,560
WOODWARD INC	352,610	330,358
YAHOO JAPAN CORP SHS	180,358	171,891
ZURICH INSURANCE GROUP	347,370	494,380
ASSA ABLOY AB ADR	239,012	326,165
BANCO BRADESCO SA ADR	91,612	97,185

	(c) 2011	(d) 2012
1 Distributable amount for 2012 from Part XI, line 7		0
2 Undistributed income, if any, as of the end of 2012:
a Enter amount for 2011 only.......
b Total for prior years:2010, 2009, 2008
3 Excess distributions carryover, if any, to 2012:
a From 2007.......
b From 2008.......
c From 2009.......
d From 2010.......
e From 2011.......
fTotal of lines 3a through e.........
4Qualifying distributions for 2012 from Part
XII, line 4: $
a Applied to 2011, but not more than line 2a	0
b Applied to undistributed income of prior years (Election required—see instructions)......
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2012 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2012.
(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 instructions ...........
e Undistributed income for 2011. Subtract line 4a from line 2a. Taxable amount—see instructions .............	0
f Undistributed income for 2012. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2013 ..........		0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see instructions) .............
8Excess distributions carryover from 2007 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2013. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2008....
b Excess from 2009....
c Excess from 2010....
d Excess from 2011....
e Excess from 2012....

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aSENIOR FACILITY REVENUE					16,070,813
bHOME HEALTH CARE REVENUE					2,230,713
cVET SCHOOL REVENUE					53,766,881
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments			14	1,183
4 Dividends and interest from securities....			14	9,406,584
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	55,958
6Net rental income or (loss) from personal property
7 Other investment income.....			14	45,986,829
8Gain or (loss) from sales of assets other than inventory			18	8,486,932
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aMISC. REVENUE			01	31,308
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				63,968,794	72,068,407

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1a	Part of the primary exempt purpose of Cummings Foundation is to operate two not-for profit residential independent and assisted living facilities for seniors. Senior facility revenue is income from the operation of such facilities.
1b	Part of the primary exempt purpose of Cummings Foundation is to provide home health care to seniors. Home health care revenue is income from the provision of such care to seniors.
1c	Cummings Foundation has entered into a long-term agreement with Tufts University to operate its veterinary school through a subsidiary called Veterinary School at Tufts, LLC. Cummings Foundation will contribute at least $50 million to support the newly-renamed Cummings School of Veterinary Medicine over the next 15-20 years. The IRS issued a private letter ruling on May 6, 2004, confirming that the distributions directed to Tufts University and the expenses Cummings Foundation incurs in operating the Cummings School constitute qualified distributions directly for the active conduct of Cummings Foundations exempt purposes.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements
1b(3)	0	HEM REALTY INC	SEE ATTACHED
1b(3)	0	NHC REALTY INC	SEE ATTACHED

(a) Name of organization	(b) Type of organization	(c) Description of relationship
HEM REALTY INC	501(C)(2)	A DIVISION OF CFI
NHC REALTY INC	501(C)(2)	A DIVISION OF CFI

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	115,482	179,468	179,469
	2	Savings and temporary cash investments..........	14,753,302	26,490,048	26,490,050
	3	Accounts receivable 13,590,060
		Less: allowance for doubtful accounts	1,089,266	13,590,060	13,590,060
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............	33,418	33,584	33,584
	9	Prepaid expenses and deferred charges...........	98,961	123,388	123,388
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	312,637,609	337,922,274	412,640,093
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............	0
	13	Investments—other (attach schedule)...........	506,401,816	516,870,256	521,616,452
	14	Land, buildings, and equipment: basis 9,792,138
		Less: accumulated depreciation (attach schedule) 6,070,984	2,669,935	3,721,154	3,721,154
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	837,799,789	898,930,232	978,394,250
	17	Accounts payable and accrued expenses..........	818,437	869,923
	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 )	24,071,951	23,214,425
	23	Total liabilities (add lines 17 through 22)..........	24,890,388	24,084,348
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................	812,909,401	874,845,884
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	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)....................	812,909,401	874,845,884
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	837,799,789	898,930,232

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			1,018,292
b			7,449,642
c			6,179
d			7,269
e			5,550

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))
2011	65,050,847	830,930,160	0.078287
2010	62,694,136	735,114,956	0.085285
2009	61,619,111	628,440,923	0.098051
2008	63,345,965	701,624,746	0.090285
2007	58,823,161	652,455,944	0.090157

1 List all officers, directors, trustees, foundation managers and their compensation (see 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
Joyce M Cummings	TRUSTEE & TREASURER 1.0	0	0	0
200 West Cummings Park Woburn,MA01801	TRUSTEE & TREASURER 1.0	0	0	0
Patricia A Cummings PSY D	TRUSTEE & Vice President 1.0	0	0	0
200 West Cummings Park Woburn,MA01801	TRUSTEE & Vice President 1.0	0	0	0
William S Cummings	TRUSTEE & PRESIDENT 50.0	0	0	0
200 West Cummings Park Woburn,MA01801	TRUSTEE & PRESIDENT 50.0	0	0	0
Robert O Connor	TRUSTEE & EXEC DIR NHM 50.0	180,789	6,371	18,000
400 hemenway street marlborough,MA01752	TRUSTEE & EXEC DIR NHM 50.0	180,789	6,371	18,000
Joseph Abate MD	Trustee 1.0	0	0	0
200 West Cummings Park Woburn,MA01801	Trustee 1.0	0	0	0
Anthony P Monaco MD PHD	Trustee 1.0	0	0	0
Tufts University Medford,MA02155	Trustee 1.0	0	0	0
HON Margot Botsford	Trustee 1.0	0	0	0
supreme judicial court boston,MA02108	Trustee 1.0	0	0	0
Paul C Casey	Trustee 1.0	0	0	0
200 West Cummings Park Woburn,MA01801	Trustee 1.0	0	0	0
Carol A Donovan	Trustee 1.0	0	0	0
200 West Cummings Park Woburn,MA01801	Trustee 1.0	0	0	0
DEBORAH T KOCHEVAR DVM PHD	Trustee 1.0	0	0	0
cummings school of veterinary north grafton,MA01536	Trustee 1.0	0	0	0
Jason Z Morris PhD	Trustee 1.0	0	0	0
fordham university bronx,NY10458	Trustee 1.0	0	0	0
Marilyn Cummings Morris MD MPH	Trustee 1.0	0	0	0
Childrens Hospital New York,NY10001	Trustee 1.0	0	0	0
Richard C Ockerbloom	Trustee 1.0	0	0	0
200 West Cummings Park Woburn,MA01801	Trustee 1.0	0	0	0
Joel B Swets	EXEC DIR, CUMMINGS FND 50.0	114,769	5,621
200 West Cummings Park Woburn,MA01801	EXEC DIR, CUMMINGS FND 50.0	114,769	5,621
Michael P Pascavage	TRUSTEE 1.0	0	0	0
200 West Cummings Park Woburn,MA01801	TRUSTEE 1.0	0	0	0
Jed Geyerhahn	Exec Dir, New Horizons Choate 50.0	128,539	13,345	0
21 Warren Avenue Woburn,MA01801	Exec Dir, New Horizons Choate 50.0	128,539	13,345	0

2 Compensation of five highest-paid employees (other than those included on line 1—see 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
JUSTIN MAGEE	DIVISION MGR 50.0	164,831	6,883	0
200 WEST CUMMINGS PARK WOBURN,MA01801	DIVISION MGR 50.0	164,831	6,883	0
RICHARD CURTIN	ASSOC DIVISION MGR 50.0	122,083	11,335	0
200 WEST CUMMINGS PARK WOBURN,MA01801	ASSOC DIVISION MGR 50.0	122,083	11,335	0
MARK LYNCH	CARPENTRY TEAM LEAD 50.0	112,579	12,216	0
200 WEST CUMMINGS PARK WOBURN,MA01801	CARPENTRY TEAM LEAD 50.0	112,579	12,216	0
MICHAEL DEPIERRO	CARPENTRY TEAM LEAD 50.0	103,288	6,941	0
200 WEST CUMMINGS PARK WOBURN,MA01801	CARPENTRY TEAM LEAD 50.0	103,288	6,941	0
MICHAEL DONAGHEY	ELECTRIC TEAM LEAD 50.0	96,986	12,817	0
200 WEST CUMMINGS PARK WOBURN,MA01801	ELECTRIC TEAM LEAD 50.0	96,986	12,817	0
Total number of other employees paid over $50,000...................				33

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
HEALTH CARE STAFFING INC	Assisted Living Svcs	1,646,452
PO Box 786 WESTBOROUGH,MA01581	Assisted Living Svcs	1,646,452
MERRILL LYNCH TRUST CO	INVESTMENT SVCS	929,814
ONE FEDERAL STREET BOSTON,MA02134	INVESTMENT SVCS	929,814
WINCHESTER HEALTHCARE ENTERPRISES INC	ASSISTED LIVING SVCS	682,575
PO BOX 5-0803 WOBURN,MA01801	ASSISTED LIVING SVCS	682,575
COMMONFUND	INVESTMENT SVCS	423,766
15 Old Danbury Rd WILTON,CT06897	INVESTMENT SVCS	423,766
ROBERT VISCO	SALON SVCS	55,291
30 OLD STOW ROAD HUDSON,MA01749	SALON SVCS	55,291

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

bApproved for future payment

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

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Category/ Item	Book Value	End of Year Fair Market Value
60W	5,200,000	5,200,000
050	3,860,000	3,860,000
038	1,600,000	1,600,000
041	2,250,000	2,250,000
092	11,440,000	11,440,000
MHA	7,409,869	7,409,869
175	5,000,000	5,000,000
165	4,600,000	4,600,000
155	5,300,000	5,300,000
RBS	456,200	456,200
34A	2,900,000	2,900,000
34C	6,600,000	6,600,000
142	7,300,000	7,300,000
18C	10,200,000	10,200,000
10C	14,100,000	14,100,000
101	3,300,000	3,300,000
340	2,600,000	2,600,000
260	5,600,000	5,600,000
MED	33,700,000	33,700,000
196	4,100,000	4,100,000
MER	940,000	940,000
475	2,600,000	2,600,000
10R	6,300,000	6,300,000
025	5,800,000	5,800,000
021	4,200,000	4,200,000
150	4,600,000	4,600,000
10H	2,500,000	2,500,000
02H	6,000,000	6,000,000
800	21,000,000	21,000,000
500	20,600,000	20,600,000
066	5,300,000	5,300,000
1CP	12,300,000	12,300,000
2CP	11,300,000	11,300,000
3CP	8,900,000	8,900,000
TOP	11,900,000	11,900,000
299	2,800,000	2,800,000
444	5,700,000	5,700,000
200	16,300,000	16,300,000
300	4,600,000	4,600,000
400	18,900,000	18,900,000
600	17,000,000	17,000,000
SSH	283,700	283,700
30S	1,910,000	1,910,000
1GS	1,770,000	1,770,000
2GS	3,780,000	3,780,000
6GS	3,460,000	3,460,000
4GS	2,500,000	2,500,000
14G	3,650,000	3,650,000
3GS	2,870,000	2,870,000
12C	3,900,000	3,900,000
078	4,000,000	4,000,000
08C	8,400,000	8,400,000
10G	4,000,000	4,000,000
12G	16,000,000	16,000,000
CRF	2,500,000	2,500,000
64	1,880,000	1,880,000
IQ ABSOLUTE RETURN	148,990	181,105
IQ GLOBAL LONG SHORT	3,344,956	3,998,779
MESIROW ABSOLUTE	5,499,922	5,477,918
ML SYSTEMATIC	2,355,783	2,490,175
OAK V DISTRESSED	3,525,000	3,567,300
PAULSON RECOVERY	2,000,000	2,049,195
RELATIVE VALUE OPPOT	10,000,000	10,023,000
BLACKROCK HEALTH SCIENCE	1,328,910	1,494,732
EMERGING MARKETS OPPOT	992,227	891,957
EMERGING MARKETS OPPOT	1,670,000	1,570,633
EQUITY LONG SHORT HEDGE ACCESS	3,296,676	3,406,945
EQUITY LONG SHORT HEDGE ACCESS	0	40,522
EVENT DRIVN CREDIT HEDGE	5,179,999	5,450,339
EVENT DRIVN CREDIT HEDGE	1,550,000	1,579,878
GLOBAL MACRO OPPOT	5,175,000	5,208,574
COMMONFUND	82,843,024	86,225,631

Software ID:
Software Version:

Description	Amount
TRANSFER TO OWB	2,850,050
OTHER DECREASE TO FMV	550,000

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
SUPPLIES	1,534,956		1,506,590
REPAIR & MAINTENANCE	440,112		444,345
INSURANCE	95,461		95,460
TELEPHONE	62,143		63,603
ADVERTISING	73,645		71,417
MISCELLANEOUS	123,760		128,701
CONTRACT SERVICES	2,350,160		2,350,160
ACTIVITIES & SERVICE	156,096		139,776
INVESTMENT EXPENSE	1,225,835	1,225,835
VET MATERIALS, SUPPLIES $ SRVC	24,592,404		24,634,860

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER NET INV INC FROM OTHER K-1'S	-789,258	-789,258	-789,258
OTHER NET INV INC FRM DISREGARDED ENT	46,776,087	46,776,087	46,776,087
PROGRAM SERVICE REVENUE	16,070,813		16,070,813
CONTRACT REVENUE	2,230,713		2,230,713
VETERINARY SCHOOL INCOME	53,766,881		53,766,881
MISCELLANEOUS INCOME	31,308		31,308

Category	Amount	Net Investment Income
FEDERAL TAXES PAID	1,220,000
STATE TAXES PAID	2,000
FOREIGN TAXES PAID	305,329	305,329

Name	US / Foreign Address	EIN	Description	Amount
NHC REALTY INC	200 WEST CUMMINGS PARK WOBURN,MA01801	30-0553218	No transfers were made in 2012	0
HEM REALTY INC	200 WEST CUMMINGS PARK WOBURN,MA01801	30-0553220	No transfers were made in 2012	0
One World Boston Inc	200 West Cummings Park Woburn,MA01801	80-0681389	Partially Liquidating distribution for endowment & general support.	2,850,050
Total				2,850,050