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    <Timestamp>2011-05-16T14:44:33-07:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>HENRY A GUSMAN CPA AND ASSOCIATES</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>1939 HARRISON ST STE 216</AddressLine1>
        <City>OAKLAND</City>
        <State>CA</State>
        <ZIPCode>94612</ZIPCode>
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    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>260265377</EIN>
      <Name>
        <BusinessNameLine1>NEIGH SAVERS FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>NEIG</NameControl>
      <Phone>9259807588</Phone>
      <USAddress>
        <AddressLine1>1547 PALOS VERDES MALL</AddressLine1>
        <City>WALNUT CREEK</City>
        <State>CA</State>
        <ZIPCode>945972228</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>KARIN WAGNER</Name>
      <Title>CEO/OWNER</Title>
      <Phone>9259807588</Phone>
      <DateSigned>2011-05-15</DateSigned>
    </Officer>
    <Preparer>
      <Name>HENRY A GUSMAN CPA</Name>
      <Phone>5102738630</Phone>
      <DatePrepared>2011-05-16</DatePrepared>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
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      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
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      <ProgramServiceRevenue>4787</ProgramServiceRevenue>
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      <InvestmentIncome>0</InvestmentIncome>
      <CostOtherBasisAndSalesExpenses>0</CostOtherBasisAndSalesExpenses>
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      <GamingGrossIncome>0</GamingGrossIncome>
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      <SpecialEventsDirectExpenses>0</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>2544</SpecialEventsNetIncomeLoss>
      <CostOfGoodsSold>0</CostOfGoodsSold>
      <GroProfitLossSalesOfInventory>0</GroProfitLossSalesOfInventory>
      <TotalRevenue>121046</TotalRevenue>
      <SalariesOtherCompEmplBenefits>15000</SalariesOtherCompEmplBenefits>
      <FeesAndOthPymtToIndContractors>500</FeesAndOthPymtToIndContractors>
      <OccupancyRentUtilitiesAndMaint>1126</OccupancyRentUtilitiesAndMaint>
      <PrintingPublicationsPostage>1247</PrintingPublicationsPostage>
      <OtherExpensesTotal>96819</OtherExpensesTotal>
      <TotalExpenses>114692</TotalExpenses>
      <ExcessOrDeficitForYear>6354</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>22649</NetAssetsOrFundBalancesBOY>
      <OtherChangesInNetAssets>-1</OtherChangesInNetAssets>
      <NetAssetsOrFundBalancesEOY>29002</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>22649</BOY>
        <EOY>3002</EOY>
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        <EOY>29002</EOY>
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      <NetAssetsOrFundBalances>
        <BOY>22649</BOY>
        <EOY>29002</EOY>
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      <PrimaryExemptPurpose>THOROUGHBREDS REHABILITATION FOR SECOND CAREERS</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>NEIGH SAVERS PROVIDES CALIFORNIA'S THOROUGHBREDS WITH A CHANCE AT A SECOND CAREER OR A WELL DESERVED RETIREMENT WHEN THEIR RACING CAREERS HAVE COME TO AN END DUE TO SOUNDNESS ISSUES, AGE OR LACK OF SUCCESS AT THE TRACK.</DescriptionProgramServiceAccom>
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          <AddressLine1>20 SANDY LANE</AddressLine1>
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          <State>CA</State>
          <ZIPCode>94597</ZIPCode>
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        <PersonName>LEAH BULLEN</PersonName>
        <AddressUS>
          <AddressLine1>2046 MONTCLAIR CIRCLE</AddressLine1>
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          <State>CA</State>
          <ZIPCode>94597</ZIPCode>
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        <PersonName>LYNDA HOUSE</PersonName>
        <AddressUS>
          <AddressLine1>5469 VIA DEL TECOLOTE</AddressLine1>
          <City>RIVERSIDE</City>
          <State>CA</State>
          <ZIPCode>95207</ZIPCode>
        </AddressUS>
        <Title>PRESIDENT</Title>
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        <Compensation>0</Compensation>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>INGRID NUERNBERG</PersonName>
        <AddressUS>
          <AddressLine1>6130 COLDWATER CANYON 1</AddressLine1>
          <City>NORTH HOLLYWOOD</City>
          <State>CA</State>
          <ZIPCode>91606</ZIPCode>
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        <PersonName>HON CHIS WILLMON</PersonName>
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          <AddressLine1>5469 VIA DEL TECOLOTE</AddressLine1>
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          <State>CA</State>
          <ZIPCode>95207</ZIPCode>
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        <NamePerson>KARIN WAGNER</NamePerson>
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          <AddressLine1>1547 PALOS VERDES MALL</AddressLine1>
          <City>WALNUT CREEK</City>
          <State>CA</State>
          <ZIPCode>94597</ZIPCode>
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        <TelephoneNumber>9259807588</TelephoneNumber>
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      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
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      <GrossInvestmentIncome170>
        <Total>0</Total>
      </GrossInvestmentIncome170>
      <PublicSupportPertcentage170>0</PublicSupportPertcentage170>
      <GiftsGrantsContribReceived509>
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        <CurrentTaxYear>113715</CurrentTaxYear>
        <Total>161438</Total>
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        <CurrentTaxYear>4787</CurrentTaxYear>
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        <CurrentTaxYear>118502</CurrentTaxYear>
        <Total>168994</Total>
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      <PublicSupportPercentage509>0.98520</PublicSupportPercentage509>
      <PriorYearSupportPercentage>1.00000</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0</InvestmentIncomePercentage>
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      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
      <FactsAndCircumstancesTest>OTHER INCOME PART III, LINE 12; DESCRIPTION: SPECIAL EVENT; 2009: 0.; 2010: 2544.;</FactsAndCircumstancesTest>
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          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
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        <AggregateContributions>RESTRICTED</AggregateContributions>
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      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 16</Identifier>
        <Explanation>BANK SERVICE CHARGES 1. CONTRIBUTIONS 105. FUNDRAISING FEES 1724. MISCELLANEOUS 880. ONLINE SERVICES 60. OTHER PERSONNEL EXPENSES 25. OTHER EXPENSES 86. PROGRAM FEES 92670. STATE BUSINESS TAXES 10. TRAVEL &amp; MEETINGS/CONFERENCES 1258.</Explanation>
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