﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2012v2.1">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-08-15T11:29:06-05:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Tri Star Management Group Inc</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>950 Peninsula Corp Cir 2000</AddressLine1>
        <City>Boca Raton</City>
        <State>FL</State>
        <ZIPCode>33487</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>136197655</EIN>
      <Name>
        <BusinessNameLine1>TART-WALD FOUNDATION</BusinessNameLine1>
      </Name>
      <InCareOfName>% THE FOUNDATION</InCareOfName>
      <NameControl>TART</NameControl>
      <Phone>5615406258</Phone>
      <USAddress>
        <AddressLine1>613 SOUTH ATLANTIC DRIVE</AddressLine1>
        <AddressLine2>Suite</AddressLine2>
        <City>LANTANA</City>
        <State>FL</State>
        <ZIPCode>33462</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>ALLAN WALD</Name>
      <Title>FDN MGR/TTEE</Title>
      <DateSigned>2013-08-10</DateSigned>
    </Officer>
    <Preparer>
      <Phone>5619882004</Phone>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="8">
    <IRS990PF documentId="IRS990PF">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>365262</FMVAssetsEOY>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>0</ContriReceivedRevAndExpnss>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <InterestOnSavingsRevAndExpnss>7</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>7</InterestOnSavingsNetInvstIncm>
        <InterestOnSavingsAdjNetIncm>7</InterestOnSavingsAdjNetIncm>
        <DividendsRevAndExpnss>3983</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>3983</DividendsNetInvstIncm>
        <DividendsAdjNetIncm>3983</DividendsAdjNetIncm>
        <TotalRevenueAndExpenses>3990</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>3990</TotalNetInvestmentIncome>
        <TotalAdjustedNetIncome>3990</TotalAdjustedNetIncome>
        <CompOfcrDirTrstRevAndExpnss>1000</CompOfcrDirTrstRevAndExpnss>
        <AccountingFeesRevAndExpnss referenceDocumentId="AccountingFeesSch">1825</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>0</AccountingFeesNetInvstIncm>
        <AccountingFeesAdjNetIncm>0</AccountingFeesAdjNetIncm>
        <AccountingFeesDsbrsChrtblPrps>0</AccountingFeesDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="TaxesSchedule">40</TaxesRevAndExpnss>
        <OtherExpensesRevAndExpnss referenceDocumentId="OtherExpensesSch">426</OtherExpensesRevAndExpnss>
        <TotOprExpensesRevAndExpnss>3291</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>0</TotOprExpensesNetInvstIncm>
        <TotOprExpensesAdjNetIncm>0</TotOprExpensesAdjNetIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>16249</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>16249</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>19540</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>0</TotalExpensesNetInvstIncm>
        <TotalExpensesAdjNetIncm>0</TotalExpensesAdjNetIncm>
        <TotalExpensesDsbrsChrtblPrps>16249</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-15550</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>3990</NetInvestmentIncome>
        <AdjustedNetIncome>3990</AdjustedNetIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>198560</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>360740</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>360740</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>200988</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="InvestCorpStockSch">4500</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>4522</InvestmentsCorpStockEOYFMV>
        <TotalAssetsBOY>399548</TotalAssetsBOY>
        <TotalAssetsEOY>365240</TotalAssetsEOY>
        <TotalAssetsEOYFMV>365262</TotalAssetsEOYFMV>
        <AccountsPayableBOY>57</AccountsPayableBOY>
        <AccountsPayableEOY>40</AccountsPayableEOY>
        <TotalLiabilitiesBOY>57</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>40</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>399832</RetainedEarningsBOY>
        <RetainedEarningsEOY>365200</RetainedEarningsEOY>
        <TotalNetAssetsBOY>399832</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>365200</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>399889</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>365240</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>399832</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-15550</ExcessOfRevenueOverExpenses>
        <Subtotal>384282</Subtotal>
        <OtherDecreases referenceDocumentId="OtherDecreasesSch">19082</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>365200</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses />
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>13658</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>372972</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.036619</DistributionRatioYear1>
        <QualifyingDistributionsYear2>12727</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>367794</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.034604</DistributionRatioYear2>
        <QualifyingDistributionsYear3>7812</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>349169</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.022373</DistributionRatioYear3>
        <QualifyingDistributionsYear4>6612</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>376097</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.017581</DistributionRatioYear4>
        <QualifyingDistributionsYear5>14222</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>402710</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.035316</DistributionRatioYear5>
        <TotalDistributionRatio>0.146493</TotalDistributionRatio>
        <AverageDistributionRatio>0.029299</AverageDistributionRatio>
        <NetNoncharitableAssets>393338</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>11524</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>40</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>11564</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>16249</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>40</InvestmentIncomeExciseTax>
        <Subtotal>40</Subtotal>
        <TaxBasedOnInvestmentIncome>40</TaxBasedOnInvestmentIncome>
        <TotalCreditsAndPayments>0</TotalCreditsAndPayments>
        <TaxDue>40</TaxDue>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>FL</StatesFiledWith>
        <StatesFiledWith>NY</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>THE FOUNDATION</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>5619633401</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>613 SOUTH ATLANTIC DRIVE</AddressLine1>
          <City>LANTANA</City>
          <State>FL</State>
          <ZIPCode>33462</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <UndistributedIncomePriorYears>true</UndistributedIncomePriorYears>
        <UndistributedIncomePriorYear1>2011</UndistributedIncomePriorYear1>
        <UndistributedIncomePriorYear2>2012</UndistributedIncomePriorYear2>
        <UndistrIncome4942a2NotApplied>true</UndistrIncome4942a2NotApplied>
        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProceedsOrNetIncome>false</ProceedsOrNetIncome>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>ALLAN WALD</PersonName>
          <USAddress>
            <AddressLine1>613 SOUTH ATLANTIC DR</AddressLine1>
            <City>LANTANA</City>
            <State>FL</State>
            <ZIPCode>33462</ZIPCode>
          </USAddress>
          <Title>FDN MGR/TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>2.0</AvgHoursPerWkDevotedToPosition>
          <Compensation>500</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>KENNETH WALD</PersonName>
          <USAddress>
            <AddressLine1>248 WEST 71 STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10023</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>2.0</AvgHoursPerWkDevotedToPosition>
          <Compensation>500</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy />
      <SumOfProgramRelatedInvestments />
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>156914</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>242352</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>62</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>399328</TotalFMVOfUnusedAssets>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>399328</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>5990</CashDeemedCharitable>
        <NetNoncharitableAssets>393338</NetNoncharitableAssets>
        <MinimumInvestmentReturn>19667</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>19667</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>40</TaxBasedOnInvestmentIncome>
        <TotalTax>40</TotalTax>
        <DistributableAmountBeforeAdj>19627</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>19627</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>19627</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>16249</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <AmountsPaidAcqCharitableAssets>0</AmountsPaidAcqCharitableAssets>
        <AmountsSetAsideSuitabilityTest>0</AmountsSetAsideSuitabilityTest>
        <AmountsSetAsideCashDistriTest>0</AmountsSetAsideCashDistriTest>
        <QualifyingDistributions>16249</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>40</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>16209</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>19627</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>18592</UndistributedIncomePriorYear>
        <PriorYear1>2010</PriorYear1>
        <PriorYear2>2009</PriorYear2>
        <PriorYear3>2008</PriorYear3>
        <TotalForPriorYears>4342</TotalForPriorYears>
        <QualifyingDistributions>16249</QualifyingDistributions>
        <AppliedToYear1>16249</AppliedToYear1>
        <RemainingDistriFromCorpus>0</RemainingDistriFromCorpus>
        <TotalCorpus>0</TotalCorpus>
        <PriorYearUndistributedIncome>4342</PriorYearUndistributedIncome>
        <TaxableAmount1>4342</TaxableAmount1>
        <TaxableAmount2>2343</TaxableAmount2>
        <UndistributedIncomeCY>19627</UndistributedIncomeCY>
        <ExcessDistriCyovToNextYear>0</ExcessDistriCyovToNextYear>
        <ExcessFromCurrentYear>0</ExcessFromCurrentYear>
      </UndistributedIncome>
      <PrivateOperatingFoundations />
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SEE CONTRIBUTION DETAIL ATTACHED</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>VARIOUS</AddressLine1>
            <AddressLine2>VARIOUS</AddressLine2>
            <City>VARIOUS</City>
            <State>FL</State>
            <ZIPCode>33324</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE, RELIGIOUS, EDUCATIONAL</PurposeOfGrantOrContribution>
          <Amount>16249</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>16249</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <FeesContractsFromGovtAgencies />
        <MembershipDuesAndAssessments />
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>7</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>3983</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <NetRentalIncmReDebtFincdProp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncmPersonalProperty />
        <OtherInvestmentIncomePartVII />
        <GainSalesAssetsOthThanInvntry />
        <NetIncomeLossFromSpecialEvents />
        <GrossProfitLossSalesOfInvntry />
        <SubtotalsPartXVIA>
          <ExclusionAmount>3990</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>3990</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFees>
        <Category>KLASFELD &amp; CO.</Category>
        <Amount>1725</Amount>
      </AccountingFees>
      <AccountingFees>
        <Category>HERB DRESCHEL</Category>
        <Amount>100</Amount>
      </AccountingFees>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorpStock>
        <NameOfStock>AMERICAN FUNDS INCOME FUND</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ARBITRAGE MUTUAL FUND</NameOfStock>
        <EOYBookValue>4500</EOYBookValue>
        <EOYFMV>4522</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <LandEtcSchedule2 documentId="LandEtcSch2" />
    <OtherDecreasesSchedule documentId="OtherDecreasesSch">
      <OtherDecreases>
        <Description>CAPITAL LOSS &amp; PP ADJUSTMENT</Description>
        <Amount>19082</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpenses>
        <Description>UBS FEES</Description>
        <RevenueAndExpensesPerBooks>238</RevenueAndExpensesPerBooks>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BANK CHARGES</Description>
        <RevenueAndExpensesPerBooks>38</RevenueAndExpensesPerBooks>
      </OtherExpenses>
      <OtherExpenses>
        <Description>OTHER FEES</Description>
        <RevenueAndExpensesPerBooks>50</RevenueAndExpensesPerBooks>
      </OtherExpenses>
      <OtherExpenses>
        <Description>NEW YORK ANNUAL FEES</Description>
        <RevenueAndExpensesPerBooks>100</RevenueAndExpensesPerBooks>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <Taxes>
        <Category>FEDERAL EXCISE TAX</Category>
        <Amount>40</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>