2011-08-05T15:37:34-00:00 2010-12-31 Foundation Source 55 Walls Drive Fairfield CT 06824 990PF 2010-01-01 208678978 Turkanis Family Foundation TURK 8008391754 c/o Foundation Source 501 Silversid Wilmington DE 198091377 Barry Turkanis 2011-08-05 false Jeffrey D Haskell 8008391754 2011-08-05 2010 2016-02-24 21:20:13Z X 340497 X X 84 84 4872 4872 48482 339607 138982 1648 1580 55086 145518 1342 6441 1256 5185 7783 1256 5185 104380 104380 112163 1256 109565 -57077 144262 270634 54854 54854 90500 286385 285643 37182 398316 341239 340497 0 X 398316 341239 398316 341239 398316 341239 398316 -57077 341239 341239 Publicly-traded Securities 339607 200625 138982 138982 138982 false 90747 367762 000.246755 30745 324883 000.094634 9032 172419 000.052384 000.393773 000.131258 373835 49069 1443 50512 109565 X 1443 1443 1443 1202 277 1479 1479 X 36 36 false false false false false false true true true true false false false false true co Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false false false false false false false false false false false false false false false false true Amanda Turkanis c/o Foundation Source 501 Silversid Wilmington DE 19809 001.00 0 Barry S Turkanis c/o Foundation Source 501 Silversid Wilmington DE 19809 001.00 0 David Turkanis c/o Foundation Source 501 Silversid Wilmington DE 19809 001.00 0 Ellen Turkanis c/o Foundation Source 501 Silversid Wilmington DE 19809 001.00 0 Jeffrey Turkanis c/o Foundation Source 501 Silversid Wilmington DE 19809 001.00 0 NONE 199800 179728 0 379528 379528 5693 373835 18692 18692 1443 1443 17249 17249 17249 109565 109565 1443 108122 17249 4249 18635 72633 95517 109565 17249 92316 187833 0 187833 4249 18635 72633 92316 Barry S Turkanis Ellen Turkanis X ANTI-DEFAMATION LEAGUE-BOSTON 40 COURT ST BOSTON MA 02108 N/A 509(a)(1) 2010 Leadership Book Ad Program 50 BABSON COLLEGE 231 FOREST ST RM 161 NIC BABSON PARK MA 02457 N/A 509(a)(1) Turkanis Family MBA Scholarship 35000 BIRTHRIGHT ISRAEL FOUNDATION 33 E 33RD ST 7TH FL NEW YORK NY 10016 N/A 509(a)(1) General Unrestricted 270 BOSTON COLLEGE ANNUAL FUND 220 MOORE HALL CHESTNUT HILL MA 02467 N/A 509(a)(1) Lynch School of Education Program 50 CONGREGATION SHIRAT HAYAM NORTH SHO 55 ATLANTIC AVE SWAMPSCOTT MA 01907 N/A 509(a)(1) Building Fund 18000 CONGREGATION SHIRAT HAYAM NORTH SHO 55 ATLANTIC AVE SWAMPSCOTT MA 01907 N/A 509(a)(1) Lev Initiative Program 180 CONGREGATION SHIRAT HAYAM NORTH SHO 55 ATLANTIC AVE SWAMPSCOTT MA 01907 N/A 509(a)(1) Charitable Event 500 CONGREGATION SHIRAT HAYAM NORTH SHO 55 ATLANTIC AVE SWAMPSCOTT MA 01907 N/A 509(a)(1) Building Campaign 18000 ELI BESSIE COHEN HILLEL ACADEMY 6 COMMUNITY RD MARBLEHEAD MA 01945 N/A 509(a)(1) Charitable Event 600 ELI BESSIE COHEN HILLEL ACADEMY 6 COMMUNITY RD MARBLEHEAD MA 01945 N/A 509(a)(1) Development Initiative 1800 ELI BESSIE COHEN HILLEL ACADEMY 6 COMMUNITY RD MARBLEHEAD MA 01945 N/A 509(a)(1) Annual Campaign 250 FRIENDS OF THE MARBLEHEAD PUBLIC SC PO BOX 718 MARBELHEAD MA 01945 N/A 509(a)(1) Charitable Event 250 HOSPICE OF THE NORTH SHORE INC 75 SYLVAN ST B-102 DANVERS MA 01923 N/A 509(a)(2) General Unrestricted 205 HUNDRED CLUB OF MASSACHUSETTS INC 17 GOUCESTER ST BOSTON MA 02115 N/A 509(a)(1) General Unrestricted 250 JEWISH FAMILY SERVICE OF THE NORTH 2 E INDIA SQ MALL SALEM MA 01970 N/A 509(a)(1) Charitable Event 250 JEWISH FEDERATION OF THE NORTH SHOR 4 COMMUNITY RD MARBLEHEAD MA 01945 N/A 509(a)(1) General Unrestricted 2500 JEWISH REHABILITATION CENTER FOR AG 330 PARADISE RD SWAMPSCOTT MA 01907 N/A 509(a)(2) Charitable Event 350 MY BROTHERS TABLE INC 98 WILLOW ST LYNN MA 01901 N/A 509(a)(1) General Unrestricted 100 NORTH SHORE MEDICAL CENTER INC 81 HIGHLAND AVE SALEM MA 01970 N/A 509(a)(1) Charitable Event 100 SCLERODERMA FOUNDATION NEW ENGLAND 462 BOSTON ST STE 1-1 TOPSFIELD MA 01983 N/A 509(a)(1) Charitable Event 300 SUSAN G KOMEN BREAST CANCER FOUNDAT PO BOX 27963 GPO NEW YORK NY 10087 N/A 509(a)(1) Charitable Event 250 VALLEY HOSPITAL INC 223 N VAN DIEN AVE RIDGEWOOD NJ 07450 N/A 509(a)(1) General Unrestricted 25 WASHINGTON UNIVERSITY 700 ROSEDALE AVE BOX 1000 ST LOUIS MO 63112 N/A 509(a)(1) General Unrestricted 100 WASHINGTON UNIVERSITY 700 ROSEDALE AVE BOX 1000 ST LOUIS MO 63112 N/A 509(a)(1) Danforth University Center 25000 104380 14 84 14 4872 18 48482 Federal Tax Refund 01 3 K-1 Pass-Through Income 525990 65 14 1580 65 55021 55086 false false false false false false false false false false 1000 shares of ALTRIA GROUP INC MO 19680 24620 1 shares of BERKSHIRE HATHAWAY INC DEL CL A BRK-A 125052 120450 4000 shares of GOLDMAN SACHS GROUP INC PFD - FLOAT GS-PA 88250 84080 250 shares of JOHNSON JOHNSON JNJ 16023 15463 500 shares of LORILLARD INC COMMON STOCK LO 37380 41030 This statement is submitted to report the distribution of certain assets during the above-referenced year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3a1 and the Form 990-PF instructions During the taxable year ending December 31, 2010, Turkanis Family Foundation the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled 104,380. This amount represents over 25 of the Foundations net assets of 414,494 as measured by fair market value at the beginning of the Foundations taxable year ending December 31, 2010. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a each such grant was made solely for the charitable purpose specified therein. Administrative Fees 5160 5160 K1 passthrough COMPASS DIVERSIFIED HOLDINGS 1256 1256 State or Local Filing Fees 25 25 COMPASS DIVERSIFIED HOLDINGS K-1 Pass-Through Share of Partnership Income/Loss 1645 1580 Federal Tax Refund 3 Estimated Tax for 2010 1200 0 0 0 IRS Excise Tax Payment with 2009 1st ext 990PF 142 0 0 0