﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.2" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-11-10T14:41:32-08:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>TCBA WATSON RICE LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>5 PENN PLAZA 15TH FL</AddressLine1>
        <City>NEW YORK</City>
        <State>NY</State>
        <ZIPCode>100011810</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>203957960</EIN>
      <Name>
        <BusinessNameLine1>AFIA FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>AFIA</NameControl>
      <Phone>2127491820</Phone>
      <USAddress>
        <AddressLine1>Parkwest Finance Station</AddressLine1>
        <City>POBox New York</City>
        <State>NY</State>
        <ZIPCode>10025</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>FLORENCE FRUCHER</Name>
      <Title>Chairperson</Title>
      <DateSigned>2011-11-10</DateSigned>
    </Officer>
    <Preparer>
      <Name>CAZEMBE BEKTEMBA CPA</Name>
      <Phone>2124477300</Phone>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-03-07 17:11:31Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="6">
    <IRS990 documentId="IRS990" referenceDocumentId=" IRS990ScheduleO" softwareId="10000105" softwareVersion="2010v3.2">
      <NameOfPrincipalOfficerPerson>FLORENCE FRUCHER</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>110 WEST 97TH ST</AddressLine1>
        <City>NEW YORK</City>
        <State>NY</State>
        <ZIPCode>100256450</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>18668905</GrossReceipts>
      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <AllAffiliatesIncluded>false</AllAffiliatesIncluded>
      <Organization501c3>X</Organization501c3>
      <WebSite>N/A</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>2005</YearFormation>
      <StateLegalDomicile>NY</StateLegalDomicile>
      <ActivityOrMissionDescription>TO PROMOTE AND SUPPORT INITIATIVES AND PROJECTS THAT FOCUS ON ACTIVITIES, PROGRAMS AND UNDERTAKINGS THAT ASSIST INDIVIDUALS WITH LOW-INCOME OR WHO ARE MEDICALLY UNSERVED OR UNDERSERVED.</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>5</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>5</NbrIndependentVotingMembers>
      <TotalNbrEmployees>0</TotalNbrEmployees>
      <TotalNbrVolunteers>5</TotalNbrVolunteers>
      <TotalGrossUBI>0</TotalGrossUBI>
      <ContributionsGrantsCurrentYear>1000</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenueCY>309690</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>2649203</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>1823249</InvestmentIncomeCurrentYear>
      <OtherRevenuePriorYear>23295</OtherRevenuePriorYear>
      <OtherRevenueCurrentYear>0</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>2672498</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>2133939</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsPriorYear>175121</GrantsAndSimilarAmntsPriorYear>
      <GrantsAndSimilarAmntsCY>780000</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcCurrentYear>0</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>0</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>267891</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>254972</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>443012</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>1034972</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>2229486</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>1098967</RevenuesLessExpensesCY>
      <TotalAssetsBOY>29145321</TotalAssetsBOY>
      <TotalAssetsEOY>30093494</TotalAssetsEOY>
      <TotalLiabilitiesBOY>235593</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>9549</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>28909728</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>30083945</NetAssetsOrFundBalancesEOY>
      <MissionDescription>TO PROMOTE AND SUPPORT INITIATIVES AND PROJECTS THAT FOCUS ON ACTIVITIES, PROGRAMS AND UNDERTAKINGS THAT ASSIST INDIVIDUALS WITH LOW-INCOME OR WHO ARE MEDICALLY UNSERVED OR UNDERSERVED.</MissionDescription>
      <SignificantNewProgramServices>false</SignificantNewProgramServices>
      <SignificantChange>false</SignificantChange>
      <Expense>780000</Expense>
      <Grants>780000</Grants>
      <Description>PROMOTE AND SUPPORT INITIATIVES AND PROJECTS THAT FOCUS ON ACTIVITIES, PROGRAMS AND UNDERTAKINGS THAT ASSIST INDIVIDUALS WITH LOW-INCOME OR WHO ARE MEDICALLY UNSERVED OR UNDERSERVED.</Description>
      <TotalProgramServiceExpense>780000</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId=" IRS990ScheduleA">true</DescribedIn501C3>
      <ScheduleBRequired>false</ScheduleBRequired>
      <PoliticalActivities>false</PoliticalActivities>
      <LobbyingActivities>false</LobbyingActivities>
      <SubjectToProxyTax>false</SubjectToProxyTax>
      <DonorAdvisedFunds referenceDocumentId=" IRS990ScheduleD">false</DonorAdvisedFunds>
      <ConservationEasements referenceDocumentId=" IRS990ScheduleD">false</ConservationEasements>
      <CollectionsOfArt referenceDocumentId=" IRS990ScheduleD">false</CollectionsOfArt>
      <CreditCounseling referenceDocumentId=" IRS990ScheduleD">false</CreditCounseling>
      <TermOrPermanentEndowments referenceDocumentId=" IRS990ScheduleD">false</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId=" IRS990ScheduleD">false</ReportLandBldgEquip>
      <ReportInvestOthSecurities referenceDocumentId=" IRS990ScheduleD">false</ReportInvestOthSecurities>
      <ReportProgRelInvest referenceDocumentId=" IRS990ScheduleD">true</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId=" IRS990ScheduleD">false</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId=" IRS990ScheduleD">true</ReportOtherLiabilities>
      <ReportFin48Footnote referenceDocumentId=" IRS990ScheduleD">false</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId=" IRS990ScheduleD">true</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt referenceDocumentId=" IRS990ScheduleD">false</ConsolidatedAuditFinancialStmt>
      <School>false</School>
      <ForeignOffice>false</ForeignOffice>
      <ForeignActivities referenceDocumentId=" IRS990ScheduleF">false</ForeignActivities>
      <MoreThan5000KToOrganizations referenceDocumentId=" IRS990ScheduleF">true</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals referenceDocumentId=" IRS990ScheduleF">false</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>false</ProfessionalFundraising>
      <FundraisingActivities>false</FundraisingActivities>
      <Gaming>false</Gaming>
      <Hospital>false</Hospital>
      <GrantsToOrganizations referenceDocumentId=" IRS990ScheduleI">true</GrantsToOrganizations>
      <GrantsToIndividuals referenceDocumentId=" IRS990ScheduleI">false</GrantsToIndividuals>
      <ScheduleJRequired>false</ScheduleJRequired>
      <TaxExemptBonds>false</TaxExemptBonds>
      <InvestTaxExemptBonds>false</InvestTaxExemptBonds>
      <EscrowAccount>false</EscrowAccount>
      <OnBehalfOfIssuer>false</OnBehalfOfIssuer>
      <ExcessBenefitTransaction>false</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>false</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>false</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>false</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>false</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>false</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>false</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>false</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>false</DeductibleContributionsOfArt>
      <Terminated>false</Terminated>
      <PartialLiquidation>false</PartialLiquidation>
      <DisregardedEntity>false</DisregardedEntity>
      <RelatedEntity>false</RelatedEntity>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionRelatedEntity>false</TransactionRelatedEntity>
      <TransfersToExemptNonChrtblOrg>false</TransfersToExemptNonChrtblOrg>
      <ActivitiesConductedPartnership>false</ActivitiesConductedPartnership>
      <ScheduleORequired>true</ScheduleORequired>
      <NumberFormsTransmittedWith1096>0</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <ComplianceWithBackupWitholding>false</ComplianceWithBackupWitholding>
      <NumberOfEmployees>0</NumberOfEmployees>
      <EmploymentTaxReturnsFiled>false</EmploymentTaxReturnsFiled>
      <UnrelatedBusinessIncome>false</UnrelatedBusinessIncome>
      <Form990-TFiled>false</Form990-TFiled>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>false</TaxablePartyNotification>
      <Form8886TFiled>false</Form8886TFiled>
      <NonDeductibleContributions>false</NonDeductibleContributions>
      <NonDeductibleDisclosure>false</NonDeductibleDisclosure>
      <QuidProQuoContributions>false</QuidProQuoContributions>
      <QuidProQuoDisclosure>false</QuidProQuoDisclosure>
      <Form8282PropertyDisposedOf>false</Form8282PropertyDisposedOf>
      <NumberOf8282Filed>0</NumberOf8282Filed>
      <FundsToPayPremiums>false</FundsToPayPremiums>
      <PremiumsPaid>false</PremiumsPaid>
      <Form8899Filed>false</Form8899Filed>
      <Form1098CFiled>false</Form1098CFiled>
      <ExcessBusinessHoldings>false</ExcessBusinessHoldings>
      <TaxableDistributions>false</TaxableDistributions>
      <DistributionToDonor>false</DistributionToDonor>
      <FiledLieu1041>false</FiledLieu1041>
      <LicensedMoreThanOneState>false</LicensedMoreThanOneState>
      <IndoorTanningServices>false</IndoorTanningServices>
      <Form720Filed>false</Form720Filed>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>5</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>5</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>false</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>false</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>false</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>false</MaterialDiversionOrMisuse>
      <MembersOrStockholders>false</MembersOrStockholders>
      <ElectionOfBoardMembers>false</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>false</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>true</MinutesOfGoverningBody>
      <MinutesOfCommittees>true</MinutesOfCommittees>
      <OfficerMailingAddress>false</OfficerMailingAddress>
      <LocalChapters>false</LocalChapters>
      <PoliciesReferenceChapters>false</PoliciesReferenceChapters>
      <Form990ProvidedToGoverningBody>true</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>true</ConflictOfInterestPolicy>
      <AnnualDisclosureCoveredPersons>true</AnnualDisclosureCoveredPersons>
      <RegularMonitoringEnforcement>true</RegularMonitoringEnforcement>
      <WhistleblowerPolicy>true</WhistleblowerPolicy>
      <DocumentRetentionPolicy>true</DocumentRetentionPolicy>
      <CompensationProcessCEO>true</CompensationProcessCEO>
      <CompensationProcessOther>true</CompensationProcessOther>
      <InvestmentInJointVenture>false</InvestmentInJointVenture>
      <WrittenPolicyOrProcedure>false</WrittenPolicyOrProcedure>
      <StatesWhereCopyOfReturnIsFiled>NY</StatesWhereCopyOfReturnIsFiled>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NamePerson>BRIAN MCINDOE</NamePerson>
        <TelephoneNumber>2123167923</TelephoneNumber>
        <AddressUS>
          <AddressLine1>110 WEST 97TH STREET</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10025</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <NoListedPersonsCompensated>X</NoListedPersonsCompensated>
      <Form990PartVIISectionA>
        <NamePerson>WALTER DELACRUZ</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>FLORENCE FRUCHER</NamePerson>
        <Title>Chairperson</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>CLAUDIA GIBSON</NamePerson>
        <Title>BOARD MEMBER</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>CARLOS CUEVAS</NamePerson>
        <Title>V-Chair &amp;Treas.</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>BARBRA MINCH</NamePerson>
        <Title>Secretary</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <NumberIndividualsGT100K>0</NumberIndividualsGT100K>
      <FormersListed>false</FormersListed>
      <TotalCompGT150K>false</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <NumberOfContractorsGT100K>0</NumberOfContractorsGT100K>
      <AllOtherContributions>1000</AllOtherContributions>
      <TotalContributions>1000</TotalContributions>
      <ProgramServiceRevenue>
        <Description>Interest on loan</Description>
        <BusinessCode>525990</BusinessCode>
        <TotalRevenueColumn>309690</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>309690</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>309690</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>2003222</TotalRevenueColumn>
        <ExclusionAmount>2003222</ExclusionAmount>
      </InvestmentIncome>
      <IncomeFromInvestBondProceeds>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </IncomeFromInvestBondProceeds>
      <RoyaltiesRevenue>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </RoyaltiesRevenue>
      <NetRentalIncomeOrLoss>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetRentalIncomeOrLoss>
      <GrossAmountSalesAssets>
        <Securities>16354993</Securities>
      </GrossAmountSalesAssets>
      <LessCostOthBasisSalesExpenses>
        <Securities>16534966</Securities>
      </LessCostOthBasisSalesExpenses>
      <GainOrLoss>
        <Securities>-179973</Securities>
      </GainOrLoss>
      <NetGainOrLossInvestments>
        <TotalRevenueColumn>-179973</TotalRevenueColumn>
        <ExclusionAmount>-179973</ExclusionAmount>
      </NetGainOrLossInvestments>
      <NetIncomeFromFundraisingEvents>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeFromFundraisingEvents>
      <NetIncomeFromGaming>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeFromGaming>
      <NetIncomeOrLoss>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeOrLoss>
      <TotalOtherRevenue>0</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>2133939</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>309690</RelatedOrExemptFunctionIncome>
        <ExclusionAmount>1823249</ExclusionAmount>
      </TotalRevenue>
      <GrantsToDomesticOrgs>
        <Total>770000</Total>
        <ProgramServices>770000</ProgramServices>
      </GrantsToDomesticOrgs>
      <GrantsToDomesticIndividuals>
        <Total>0</Total>
      </GrantsToDomesticIndividuals>
      <ForeignGrants>
        <Total>10000</Total>
        <ProgramServices>10000</ProgramServices>
      </ForeignGrants>
      <BenefitsToMembers>
        <Total>0</Total>
      </BenefitsToMembers>
      <CompCurrentOfficersDirectors>
        <Total>0</Total>
      </CompCurrentOfficersDirectors>
      <CompDisqualPersons>
        <Total>0</Total>
      </CompDisqualPersons>
      <OtherSalariesAndWages>
        <Total>0</Total>
      </OtherSalariesAndWages>
      <PensionPlanContributions>
        <Total>0</Total>
      </PensionPlanContributions>
      <OtherEmployeeBenefits>
        <Total>0</Total>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>0</Total>
      </PayrollTaxes>
      <FeesForServicesManagement>
        <Total>95000</Total>
        <ManagementAndGeneral>95000</ManagementAndGeneral>
      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>7035</Total>
        <ManagementAndGeneral>7035</ManagementAndGeneral>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>8750</Total>
        <ManagementAndGeneral>8750</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <FeesForServicesLobbying>
        <Total>0</Total>
      </FeesForServicesLobbying>
      <FeesForServicesProfFundraising>
        <Total>0</Total>
      </FeesForServicesProfFundraising>
      <FeesForServicesInvstMgmntFees>
        <Total>0</Total>
      </FeesForServicesInvstMgmntFees>
      <FeesForServicesOther>
        <Total>0</Total>
      </FeesForServicesOther>
      <Advertising>
        <Total>0</Total>
      </Advertising>
      <OfficeExpenses>
        <Total>1875</Total>
        <ManagementAndGeneral>1875</ManagementAndGeneral>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>0</Total>
      </InformationTechnology>
      <Royalties>
        <Total>0</Total>
      </Royalties>
      <Occupancy>
        <Total>0</Total>
      </Occupancy>
      <Travel>
        <Total>0</Total>
      </Travel>
      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>0</Total>
      </ConferencesMeetings>
      <Interest>
        <Total>0</Total>
      </Interest>
      <PaymentsToAffiliates>
        <Total>0</Total>
      </PaymentsToAffiliates>
      <DepreciationDepletion>
        <Total>0</Total>
      </DepreciationDepletion>
      <Insurance>
        <Total>5800</Total>
        <ManagementAndGeneral>5800</ManagementAndGeneral>
      </Insurance>
      <OtherExpenses>
        <Description>Meeting expenses</Description>
        <Total>1205</Total>
        <ManagementAndGeneral>1205</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INVESTMENT EXPENSES</Description>
        <Total>135307</Total>
        <ManagementAndGeneral>135307</ManagementAndGeneral>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>0</Total>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>1034972</Total>
        <ProgramServices>780000</ProgramServices>
        <ManagementAndGeneral>254972</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <EOY>0</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <BOY>53969</BOY>
        <EOY>117701</EOY>
      </SavingsAndTempCashInvestments>
      <PledgesAndGrantsReceivable>
        <EOY>0</EOY>
      </PledgesAndGrantsReceivable>
      <AccountsReceivable>
        <EOY>0</EOY>
      </AccountsReceivable>
      <ReceivablesFromOfficersEtc>
        <EOY>0</EOY>
      </ReceivablesFromOfficersEtc>
      <ReceivablesFromDisqualPersons>
        <EOY>0</EOY>
      </ReceivablesFromDisqualPersons>
      <OtherNotesLoansReceivableNet>
        <EOY>0</EOY>
      </OtherNotesLoansReceivableNet>
      <InventoriesForSaleOrUse>
        <EOY>0</EOY>
      </InventoriesForSaleOrUse>
      <PrepaidExpensesDeferredCharges>
        <BOY>1450</BOY>
        <EOY>1450</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasisNet>
        <EOY>0</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
        <BOY>24830344</BOY>
        <EOY>21237717</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsOtherSecurities>
        <EOY>0</EOY>
      </InvestmentsOtherSecurities>
      <InvestmentsProgramRelated>
        <BOY>4124354</BOY>
        <EOY>8563669</EOY>
      </InvestmentsProgramRelated>
      <IntangibleAssets>
        <EOY>0</EOY>
      </IntangibleAssets>
      <OtherAssetsTotal>
        <BOY>135204</BOY>
        <EOY>172957</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>29145321</BOY>
        <EOY>30093494</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>60472</BOY>
        <EOY>9185</EOY>
      </AccountsPayableAccruedExpenses>
      <GrantsPayable>
        <BOY>175121</BOY>
      </GrantsPayable>
      <OtherLiabilities>
        <EOY>364</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>235593</BOY>
        <EOY>9549</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>28909728</BOY>
        <EOY>30083945</EOY>
      </UnrestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>28909728</BOY>
        <EOY>30083945</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>29145321</BOY>
        <EOY>30093494</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>1098967</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>75250</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>false</FederalGrantAuditPerformed>
    </IRS990>
    <IRS990ScheduleA documentId="IRS990ScheduleA" softwareId="10000105" softwareVersion="2010v3.2">
      <SupportingOrganization509a3>X</SupportingOrganization509a3>
      <SupportingOrg509a3Type1>X</SupportingOrg509a3Type1>
      <CertificationCheckbox>X</CertificationCheckbox>
      <WrittenIRSDetermination>X</WrittenIRSDetermination>
      <ContribByControllingIndividual>false</ContribByControllingIndividual>
      <ContributionByRelatedParty>false</ContributionByRelatedParty>
      <ContribBy35ControlledEntity>false</ContribBy35ControlledEntity>
      <SupportedOrgInformation>
        <Name>
          <BusinessNameLine1>RyanChelsea Clinton Comm Hlth Ctr</BusinessNameLine1>
        </Name>
        <EIN>133911827</EIN>
        <TypeOfOrganization>501(c)3</TypeOfOrganization>
        <ListedInGoverningDoc>true</ListedInGoverningDoc>
        <Amount>0</Amount>
      </SupportedOrgInformation>
      <SupportedOrgInformation>
        <Name>
          <BusinessNameLine1>WILLIAM F RYAN COMMUNITY HLTH CTR</BusinessNameLine1>
        </Name>
        <EIN>132884976</EIN>
        <TypeOfOrganization>501(C)3</TypeOfOrganization>
        <ListedInGoverningDoc>true</ListedInGoverningDoc>
        <Amount>700000</Amount>
      </SupportedOrgInformation>
      <TotalNumberOfSupportedOrgs>2</TotalNumberOfSupportedOrgs>
      <SumOfAmounts>700000</SumOfAmounts>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="IRS990ScheduleD" softwareId="10000105" softwareVersion="2010v3.2">
      <TotalOfBookValueProgramRelated>8563669</TotalOfBookValueProgramRelated>
      <OtherLiabilities>
        <Description>Due to William F.Ryan Community Hlth Ctr</Description>
        <Amount>364</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>364</TotalOfAmounts>
      <TotalRevenue>2133939</TotalRevenue>
      <TotalExpenses>1034972</TotalExpenses>
      <ExcessOrDeficitForYear>1098967</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>75250</NetUnrealizedGLOnInvestments>
      <TotalAdjustments>75250</TotalAdjustments>
      <ExcessOrDeficitPerFS>1174217</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>2073882</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>75250</NetUnrealizedGainsInvestments>
      <RevenueNotRptdF990>75250</RevenueNotRptdF990>
      <RevenueSubtotal>1998632</RevenueSubtotal>
      <InvestmentExpensesNotIncluded>135307</InvestmentExpensesNotIncluded>
      <RevenueNotRptdOnFinStmt>135307</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>2133939</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>899665</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>899665</ExpensesSubtotal>
      <InvestmentExpensesNotIncluded2>135307</InvestmentExpensesNotIncluded2>
      <ExpensesNotRptdOnFinStmt>135307</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>1034972</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleF documentId="IRS990ScheduleF" softwareId="10000105" softwareVersion="2010v3.2">
      <GrantsToOrgsOutsideUS>
        <Region>South America</Region>
        <PurposeOfGrant>earthquake</PurposeOfGrant>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <MannerOfCashDisbursement>check</MannerOfCashDisbursement>
      </GrantsToOrgsOutsideUS>
      <TotalNumberOfOtherOrgs>1</TotalNumberOfOtherOrgs>
      <TransferToForeignCorp>true</TransferToForeignCorp>
      <InterestInForeignTrust>false</InterestInForeignTrust>
      <OwnForeignCorp>false</OwnForeignCorp>
      <PassiveForeignInvestCo>false</PassiveForeignInvestCo>
      <ForeignPartnership>false</ForeignPartnership>
      <BoycottCountries>false</BoycottCountries>
    </IRS990ScheduleF>
    <IRS990ScheduleI documentId="IRS990ScheduleI" softwareId="10000105" softwareVersion="2010v3.2">
      <RecordsMaintained>true</RecordsMaintained>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>WILLIAM F RYAN COMM HLTH CTR</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>110 WEST 97TH STREET</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10025</ZIPCode>
        </AddressUS>
        <EINOfRecipient>132884976</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>700000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <PurposeOfGrant>maj.cash outflows&amp;facility renov.</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>NYJunior Tennis League</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>8-12 Queens Blvd Suite 1</AddressLine1>
          <City>Woodside</City>
          <State>NY</State>
          <ZIPCode>11377</ZIPCode>
        </AddressUS>
        <EINOfRecipient>237442256</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <PurposeOfGrant>SUP.PHYSICAL ACTIVITIES FOR YOUTH</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Mayors Fund to AdvNY</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>one center st 23 fl</AddressLine1>
          <City>New York</City>
          <State>NY</State>
          <ZIPCode>10007</ZIPCode>
        </AddressUS>
        <EINOfRecipient>133783906</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <PurposeOfGrant>SUP. NYCHA YOUTH CHORUS &amp; PIANO LAB</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Help Age USA</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>4750 41st STNW suite 410</AddressLine1>
          <City>Washington</City>
          <State>DC</State>
          <ZIPCode>20016</ZIPCode>
        </AddressUS>
        <EINOfRecipient>431750256</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <PurposeOfGrant>SUP. HAITIAN AFFCTED BY EARTHQUAKE</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Gaston &amp; Porter Hlth</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>8612 TIMBER lANE</AddressLine1>
          <City>Potomac</City>
          <State>MD</State>
          <ZIPCode>20854</ZIPCode>
        </AddressUS>
        <EINOfRecipient>030455203</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <PurposeOfGrant>HLTH EDUC CURR,FOR AFRICAN AME</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Family Health Project</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>42 Broadway 20th Fl</AddressLine1>
          <City>New York</City>
          <State>NY</State>
          <ZIPCode>10004</ZIPCode>
        </AddressUS>
        <EINOfRecipient>133537943</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <PurposeOfGrant>SUP.HIV/AIDS EDUC.&amp; PREVENTION</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Encore Community Srvcs</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>239 West 49th St</AddressLine1>
          <City>New York</City>
          <State>NY</State>
          <ZIPCode>10019</ZIPCode>
        </AddressUS>
        <EINOfRecipient>133104293</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <PurposeOfGrant>Support for Sr Outreach Srvcs.</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Comon the Public Hlth</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>45 Clinton St</AddressLine1>
          <City>New York</City>
          <State>NY</State>
          <ZIPCode>10025</ZIPCode>
        </AddressUS>
        <EINOfRecipient>134073990</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <PurposeOfGrant>SUP.EXPANSION OF SAFETY NET CAMPAIG</PurposeOfGrant>
      </RecipientTable>
      <TotalNbrOf501C3AndGovtGrants>8</TotalNbrOf501C3AndGovtGrants>
      <TotalNbrOfOtherOrganizations>0</TotalNbrOfOtherOrganizations>
      <Form990ScheduleIPartIV>
        <Identifier>Grantmaker's Description of How Grants are Used</Identifier>
        <Explanation>IN THE AWARD LETTER, THE FOUNDATION NOTES THAT THE FUNDS ARE IN SUPPORT OF THE SPECIFIC PROJECT DESCRIBED IN THE PROPOSAL, AND REQUESTS THAT THE GRANTEE PROVIDE A FINANCIAL REPORT WHEN FUNDS ARE EXPENDED.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="10000105" softwareVersion="2010v3.2">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>THE FOUNDATION PROVIDES COPIES UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 15b</Identifier>
        <ReturnReference>Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees</ReturnReference>
        <Explanation>THE FOUNDATION HAs NO COMPENSATED OFFICERS AND EMPLOYEES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>ALL BOARD MEMBERS SUBMIT CONFLICT OF INTEREST ATTESTATIONS. ANY CASES OF POTENTIAL CONFLICTS OF INTEREST ARE DEALT WITH APPROPRIATELY, AS PER POLICY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>Form 990 was reviewed by the Chief Financial Officer, and Chief Planning Officer and submitted to all Board members before it was filed.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>