l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93491355002001 Return of Private Foundation OMB No 1545-0052 Form 990 -PF or Section 4947 ( a)(1) Nonexempt Charitable Trust Treated as a Private Foundation 201 0 DepartmentRevenue Note . The foundation may be able to use a copy of this return to satisfy state reporting requirements Internall Revenue Service For calendar year 2010, or tax year beginning 03-01-2010 , and ending 02-28-2011 G Check all that apply r'Initial return r'Initial return of a former public charity r'Final return r-Amended return r'Address change r'Name change Name of foundation A Employer identification number THE HARRY AND JEANETTE WEINBERG FOUNDATION INC 52-6037034 Number and street (or P 0 box number if mail is not delivered to street address ) Room/ suite U ieiepnone number ( see page 1u of the instructions) 7 PARK CENTER COURT (410) 654-8500 City or town , state, and ZIP code C If exemption application is pending, check here F OWINGS MILLS, MD 21117 D 1. Foreign organizations , check here F H Check type of organization I' Section 501(c)(3) exempt private foundation 2. Foreign organizations meeting the 85% test, r- check here and attach computation Section 4947( a)(1) nonexempt charitable trust Other taxable private foundation 3 Accounting method F Cash I' Accrual E If private foundation status was terminated I Fair market value of all assets at end un d er section 507 ( b )( 1 )( A), c h ec k h ere F o f y e a r (from Part I I, col. (c), O the r ( specify ) F If the foundation is in a 60 - month termination line 16)x$ 2,072,697,349 (Part I , column (d) must be on cash basis.) under section 507(b)(1)(B), check here (d) Disbursements Analysis of Revenue and Expenses (The (a) Revenue a nd Net investment Adjusted net fo r cha ritable total of amounts in columns (b), (c), and (d) may not expenses per (b) (c) income income purposes necessenly equal the amounts in column (a) (see page 11 of books the instructions) ) (cash basis only) 1 Contributions, gifts, grants , etc , received ( attach schedule) 2 Check 11111'F if the foundation is not required to attach Sch B 3 Interest on savings and temporary cash investments 3,204,999 3,204,999 4 Dividends and interest from securities . 19,684,414 19,684,414 5a Gross rents . 19,795,925 19,795,925 b Net rental income or (loss) 17,015,904 cp 6a Net gain or (loss ) from sale of assets not on line 10 18,979,673 b Gross sales price for all assets on line 6a 477,758,720 75 7 Capital gain net income ( from Part IV, line 2) 19,161,236 co 8 Net short - term capital gain . 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 ) . 10,687,535 10,687,535 12 Total . Add lines 1 through 11 . 72,352,546 72,534,109 13 Compensation of officers , directors , trustees , etc 2,373,681 1,538,607 835,074 14 Other employee salaries and wages 2,568,930 1,403,905 1,165,025 In 10 15 Pension plans, employee benefits . 4,235,199 3,608,588 626,611 16a Legal fees (attach schedule ) . 1,087,894 1,087,144 750 b Accounting fees ( attach schedule ) . 148,000 147 ,750 250 W co c Other professional fees ( attach schedule) . 2,966,586 2,966,586 0 Interest `''C5 17 18 Taxes ( attach schedule ) ( see page 14 of the instructions) 2,498,786 1,254,744 109,042 19 Depreciation ( attach schedule ) and depletion . IN 3,361,168 3,361,168 20 Occupancy . 326,949 326,949 0 21 Travel, conferences , and meetings . 351,479 254,565 96,914 rs 22 Printing and publications . 23 Other expenses ( attach schedule ) . 1,269,721 686,762 582,962 C5 24 Total operating and administrative expenses. Add lines 13 through 23 . 21,188,393 16,636,768 3,416,628 25 Contributions , gifts, grants paid . 86,059 ,465 86,059,465 26 Total expenses and disbursements . Add lines 24 and 25 107,247,858 16,636,768 89,476,093 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements -34,895,312 b Net investment income ( if negative , enter -0- ) 55,897,341 c Adjusted net income ( if negative , enter -0-) . For Privacy Act and Paperwork Reduction Act Notice , see page 30 of the instructions . Cat No 11289X Form 990-PF (2010) Form 990-PF (2010) Pane 2 Attached schedules and amounts in the description column Beginning of year End of year B a l ance Sheets should be for end-of- year amounts only (See instructions ( a) Boo k Va l ue ( b ) Boo k Va l ue (c) Fair M ark et Va l ue 1 Cash-non - interest-bearing . 165,308 169,336 169,336 2 Savings and temporary cash investments . 107,639,316 65,629,303 65,636,946 3 Accounts receivable 111111 3,172,435 Less allowance for doubtful accounts Oil 4,044,640 3,172,435 3,172,435 4 Pledges receivable ► Less allowance for doubtful accounts Oil 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) 111111 2,454,407 Less allowance for doubtful accounts Oil 0 3,568,658 2,454,407 2,454,407 8 Inventories for sale or use . 9 Prepaid expenses and deferred charges . 1,227,927 1,192,847 1,192,847 10a Investments - U S and state government obligations ( attach schedule ) 112,225,43 3 35,557,949 35,763,353 b Investments - corporate stock ( attach schedule ) . 597,523,26 0 619,273,697 702,884,622 c Investments - corporate bonds ( attach schedule). 170,613,95 9 111,765,885 118,054,289 11 Investments - land, buildings , and equipment basis Oil 238,382,100 Less accumulated depreciation (attach schedule )' 34,817,111 206,548,79 6 203,564,989 265,865,244 12 Investments - mortgage loans . 13 Investments-other ( attach schedule ) . 654,654,939 793,406,064 857,945,554 14 Land, buildings , and equipment basis Oil 5,904,426 Less accumulated depreciation ( attach schedule ) ' 3,057,551 3,374,96 9 2,846,875 2,846,875 15 Other assets ( describe Ilk- ) 28,221,744 16,711,441 16,711,441 16 Total assets ( to be completed by all filers-see the instructions Also, see page 1, item I ) 1,889,808,949 1,855,745,228 2,072,697,349 17 Accounts payable and accrued expenses . 529,455 403,700 18 Grants payable . .' 19 Deferred revenue . co 20 Loans from officers, directors , trustees , and other disqualified persons 21 Mortgages and other notes payable ( attach schedule) 22 Other liabilities ( describe O ) 14,966,795 13,881,961 23 Total liabilities ( add lines 17 through 22) . 15,496,250 14,285,661 Foundations that follow SFAS 117, check here ' fl and complete lines 24 through 26 and lines 30 and 31. w1 4) 24 U nrestricted . 25 Temporarily restricted a 26 Permanently restricted Foundations that do not follow SFAS 117, check here F r_ and complete lines 27 through 31. U- 27 Capital stock , trust principal , or current funds . 0 0 28 Paid-in or capital surplus , or land, bldg , and equipment fund 0 0 n 29 Retained earnings, accumulated income, endowment , or other funds 1,874,312,699 1,841,459,567 30 Total net assets or fund balances ( see page 17 of the instructions ) . 1,874,312,699 1,841,459,567 31 Total liabilities and net assets / fund balances ( see page 17 of the instructions ) . 1,889,808,949 1,855,745,228 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) . 1,874,312,699 2 Enter amount from Part I, line 27a . -34,895,312 3 Other increases not included in line 2 (itemize) 111 2,042,180 4 Add lines 1, 2, and 3 . 1,841,459,567 5 Decreases not included in line 2 (itemize) Oil 0 6 Total net assets or fund balances at end of year (line 4 minus line 5)-Part II, column (b), line 30 1,841,459,567 Form 990-PF (2010) Form 990-PF (2010) Page 3 Ca ital Gains and Losses for Tax on Investment Income ( b) How acquired ( (a) List and describe the kind ( s) of property sold (e g , real estate, c) Date acquired (d) Date sold P-Purchase 2-story brick warehouse , or common stock, 200 shs M LC Co mo , da y, r mo , da y, r ) D-Donation ( y ) ( y ) la See Additional Data Table b c d e ( f) Depreciation allowed ( g) Cost or other basis ( h) Gain or (loss) (e) Gross sales price (or allowable ) plus expense of sale ( e) plus ( f) minus (g) a See Additional Data Table b c d e Complete only for assets showing gain in column ( h) and owned by the foundation on 12 / 31/69 ( I) Gains ( Col (h) gain minus (j) Adjusted basis (k) Excess of col ( i) col (k), but not less than -0-) or ( i) F M V as of 12 / 31/69 as of 12/31/ 69 over col (j), if any Losses (from col (h)) a See Additional Data Table b c d e If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss) If ( loss), enter - 0- in Part I, line 7 2 19,161,236 3 Net short - term capital gain or ( loss) as defined in sections 1222( 5) and (6) If gain, also enter in Part I, line 8, column ( c) (see pages 13 and 17 of the instructions) If (loss ), enter -0- in Part I, line 8 3 Qualification Under Section 4940 ( e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income ) If section 4940 (d)(2) applies, leave this part blank Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? 1 Yes F No If "Yes, " the foundation does not qualify under section 4940 ( e) Do not complete this part 1 Enter the appropriate amount in each column for each year, see page 18 of the instructions before making any entries (d) Base period years Calendar Distribution ratio Adjusted qualifying distributions Net value of noncharitable-use assets year (or tax year beginning in) (col (b) divided by col (c)) 2009 100,676,258 1,965,204,889 0 051229 2008 108,722,221 2,094,854,190 0 051900 2007 102,920,940 2,323,609,786 0 044294 2006 83,681,286 2,170,190,352 0 038559 2005 94,924,150 2,019,572,334 0 047002 2 Total of line 1, column (d) .