﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2012v2.1">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-05-10T09:41:51-05:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>382517534</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>BERGER GHERSI &amp; LADUKE PLC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>43940 WOODWARD AVE SUITE 200</AddressLine1>
        <City>BLOOMFIELD HILLS</City>
        <State>MI</State>
        <ZIPCode>483025026</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>382972397</EIN>
      <Name>
        <BusinessNameLine1>THE SELIGMAN FAMILY FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>SELI</NameControl>
      <Phone>2488628000</Phone>
      <USAddress>
        <AddressLine1>ONE TOWNE SQUARE NO 1913</AddressLine1>
        <City>SOUTHFIELD</City>
        <State>MI</State>
        <ZIPCode>48076</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>STEPHANIE M ZIMMERMAN</Name>
      <Title>TRUSTEE</Title>
      <Phone>2488628000</Phone>
      <DateSigned>2013-05-07</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>DAVID V BERGER</Name>
      <PTIN>P00163328</PTIN>
      <Phone>2483333680</Phone>
      <DatePrepared>2013-05-07</DatePrepared>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="8">
    <IRS990PF documentId="RetDoc1235000001" referenceDocumentId="RetDoc2258700001">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>464219</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>0</ContriReceivedRevAndExpnss>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <InterestOnSavingsRevAndExpnss>62</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>62</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>551</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>551</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>-209092</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>117262</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>0</CapitalGainNetIncmNetInvstIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="RetDoc2001500001">3578</OtherIncomeRevAndExpnss>
        <OtherIncomeNetInvstIncm>3578</OtherIncomeNetInvstIncm>
        <TotalRevenueAndExpenses>-204901</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>4191</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>0</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>0</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>0</CompOfcrDirTrstDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">3083</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>0</TaxesNetInvstIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc2003200001">90</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>90</OtherExpensesNetInvstIncm>
        <OtherExpensesDsbrsChrtblPrps>0</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>3173</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>90</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>510769</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>510769</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>513942</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>90</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>510769</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-718843</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>4101</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>20801</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>105074</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>105074</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>140889</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc2018900001">22133</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>25042</InvestmentsCorpStockEOYFMV>
        <OtherAssetsBOY referenceDocumentId="RetDoc2046600001">1196795</OtherAssetsBOY>
        <OtherAssetsEOY referenceDocumentId="RetDoc2046600001">512435</OtherAssetsEOY>
        <OtherAssetsEOYFMV referenceDocumentId="RetDoc2046600001">334103</OtherAssetsEOYFMV>
        <TotalAssetsBOY>1358485</TotalAssetsBOY>
        <TotalAssetsEOY>639642</TotalAssetsEOY>
        <TotalAssetsEOYFMV>464219</TotalAssetsEOYFMV>
        <TotalLiabilitiesBOY>0</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>0</CapitalStockBOY>
        <CapitalStockEOY>0</CapitalStockEOY>
        <PaidInOrCapitalSurplusBOY>2472857</PaidInOrCapitalSurplusBOY>
        <PaidInOrCapitalSurplusEOY>2472857</PaidInOrCapitalSurplusEOY>
        <RetainedEarningsBOY>-1114372</RetainedEarningsBOY>
        <RetainedEarningsEOY>-1833215</RetainedEarningsEOY>
        <TotalNetAssetsBOY>1358485</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>639642</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>1358485</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>639642</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>1358485</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-718843</ExcessOfRevenueOverExpenses>
        <OtherIncreases>0</OtherIncreases>
        <Subtotal>639642</Subtotal>
        <OtherDecreases>0</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>639642</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>18363 SHS REGIONS FINANCIAL</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2009-09-16</DateAcquired>
          <DateSold>2012-07-20</DateSold>
          <GrossSalesPrice>117262</GrossSalesPrice>
          <CostOrOtherBasis>118756</CostOrOtherBasis>
          <GainOrLoss>-1494</GainOrLoss>
          <GainsMinusExcessOrLosses>-1494</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>SHORT TERM CAPITAL LOSS FROM FOUNDATION ESTATE CAPITAL</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2012-01-01</DateAcquired>
          <DateSold>2012-12-31</DateSold>
          <CostOrOtherBasis>207598</CostOrOtherBasis>
          <GainOrLoss>-207598</GainOrLoss>
          <GainsMinusExcessOrLosses>-207598</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>-209092</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>0</LiableFor4942Tax>
        <QualifyingDistributionsYear1>490074</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>1213292</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.403921</DistributionRatioYear1>
        <QualifyingDistributionsYear2>590383</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>1169896</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.504646</DistributionRatioYear2>
        <QualifyingDistributionsYear3>545364</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>1086921</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.501751</DistributionRatioYear3>
        <QualifyingDistributionsYear4>560344</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>1617655</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.346393</DistributionRatioYear4>
        <QualifyingDistributionsYear5>1192735</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>1608216</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.741651</DistributionRatioYear5>
        <TotalDistributionRatio>2.498362</TotalDistributionRatio>
        <AverageDistributionRatio>0.499672</AverageDistributionRatio>
        <NetNoncharitableAssets>686768</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>343159</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>41</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>343200</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>510769</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>41</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>41</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>41</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>1960</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>1960</TotalCreditsAndPayments>
        <Overpayment>1919</Overpayment>
        <AmountCreditedToNextYear>1919</AmountCreditedToNextYear>
        <AmountToBeRefunded>0</AmountToBeRefunded>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>0</LegislativePoliticalActivities>
        <MoreThan100Spent>0</MoreThan100Spent>
        <Form1120POLFiled>0</Form1120POLFiled>
        <Sect4955TaxOnOrganization>0</Sect4955TaxOnOrganization>
        <Sect4955TaxOnManagers>0</Sect4955TaxOnManagers>
        <ReimbursementOfTax>0</ReimbursementOfTax>
        <ActivitiesNotPrevReported>0</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>0</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>0</UnrelatedBusIncomeOver1000>
        <TerminationEtc>0</TerminationEtc>
        <RequirementsOfSect508e>1</RequirementsOfSect508e>
        <AtLeast5000InAssets>1</AtLeast5000InAssets>
        <StatesFiledWith>MI</StatesFiledWith>
        <Form990PFFiledWithAG>1</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>0</PrivateOperatingFoundation>
        <NewSubstantialContributors>0</NewSubstantialContributors>
        <InterestInControlledEntity referenceDocumentId="RetDoc2204900001">1</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>SELIGMAN FAMILY FOUNDATION</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>2488628000</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>ONE TOWNE SQUARE STE 1913</AddressLine1>
          <City>SOUTHFIELD</City>
          <State>MI</State>
          <ZIPCode>48076</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>0</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>0</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>0</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>0</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>0</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>0</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>0</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>0</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>0</UndistributedIncomePriorYears>
        <BusinessHoldings>0</BusinessHoldings>
        <JeopardyInvestments>0</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>0</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>0</InfluenceLegislation>
        <InfluenceElection>0</InfluenceElection>
        <GrantsToIndividuals>0</GrantsToIndividuals>
        <GrantsToOrganizations>0</GrantsToOrganizations>
        <NoncharitablePurpose>0</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>0</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>0</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>0</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>SCOTT SELIGMAN</PersonName>
          <USAddress>
            <AddressLine1>ONE TOWNE SQUARE STE 1913</AddressLine1>
            <City>SOUTHFIELD</City>
            <State>MI</State>
            <ZIPCode>48076</ZIPCode>
          </USAddress>
          <Title>PRESIDENT &amp; TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>SANDRA SELIGMAN</PersonName>
          <USAddress>
            <AddressLine1>ONE TOWNE SQUARE STE 1913</AddressLine1>
            <City>SOUTHFIELD</City>
            <State>MI</State>
            <ZIPCode>48076</ZIPCode>
          </USAddress>
          <Title>SECRETARY &amp; TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>SETH MELTZER</PersonName>
          <USAddress>
            <AddressLine1>ONE TOWNE SQUARE STE 1913</AddressLine1>
            <City>SOUTHFIELD</City>
            <State>MI</State>
            <ZIPCode>48076</ZIPCode>
          </USAddress>
          <Title>TREASURER &amp; TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>STEPHANIE M ZIMMERMAN</PersonName>
          <USAddress>
            <AddressLine1>ONE TOWNE SQUARE STE 1913</AddressLine1>
            <City>SOUTHFIELD</City>
            <State>MI</State>
            <ZIPCode>48076</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>290681</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>406545</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>697226</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>697226</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>10458</CashDeemedCharitable>
        <NetNoncharitableAssets>686768</NetNoncharitableAssets>
        <MinimumInvestmentReturn>34338</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>34338</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>41</TaxBasedOnInvestmentIncome>
        <TotalTax>41</TotalTax>
        <DistributableAmountBeforeAdj>34297</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>34297</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>34297</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>510769</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>510769</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>41</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>510728</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>34297</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <ExcessDistriCarryoverYear5>1116210</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>480760</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>491378</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>532003</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>431355</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>3051706</TotalExcessDistriCarryover>
        <QualifyingDistributions>510769</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>34297</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>476472</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>3528178</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>1116210</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>2411968</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>480760</ExcessFromYear4>
        <ExcessFromYear3>491378</ExcessFromYear3>
        <ExcessFromYear2>532003</ExcessFromYear2>
        <ExcessFromYear1>431355</ExcessFromYear1>
        <ExcessFromCurrentYear>476472</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>SCOTT SELIGMAN</ContributingManager>
        <ContributingManager>SANDRA SELIGMAN</ContributingManager>
        <ContributingManager>SETH MELTZER</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ADELSON SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>9700 HILLPOINTE</AddressLine1>
            <City>LAS VEGAS</City>
            <State>NV</State>
            <ZIPCode>89134</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ALZHEIMERS ASSOCIATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>20300 CIVIC CENTER 100</AddressLine1>
            <City>SOUTHFIELD</City>
            <State>MI</State>
            <ZIPCode>48076</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ASPEN VALLEY LAND TRUST</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>320 MAIN STREET SUITE 204</AddressLine1>
            <City>CARBONDALE</City>
            <State>CO</State>
            <ZIPCode>81623</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BARBARA ANN KARMANOS CANCER INST</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4100 JOHN R</AddressLine1>
            <City>DETROIT</City>
            <State>MI</State>
            <ZIPCode>48201</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>8669</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BRANDEIS HILLEL DAY SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>655 BROTHERHOOD WAY</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94132</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHINESE HISTORICAL SOCIETY OF AMERICA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>965 CLAY STREET</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94108</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CONTEMPORARY JEWISH MUSEUM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>736 MISSION STREET</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94103</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>102500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CRANBROOK ART MUSEUM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>39221 WOODWARD BOX 801</AddressLine1>
            <City>BLOOMFIELD HILLS</City>
            <State>MI</State>
            <ZIPCode>48303</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>4000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CRANBROOK SCHOOLS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>39221 WOODWARD BOX 801</AddressLine1>
            <City>BLOOMFIELD HILLS</City>
            <State>MI</State>
            <ZIPCode>48303</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>3700</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CROHNS AND COLITIS FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5 THIRD ST STE 625</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94103</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>EASTER SEALS HAWAII</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>710 GREEN ST</AddressLine1>
            <City>HONOLULU</City>
            <State>HI</State>
            <ZIPCode>96813</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FRIENDSHIP CIRCLE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>6892 MAPLE RD</AddressLine1>
            <City>WEST BLOOMFIELD</City>
            <State>MI</State>
            <ZIPCode>48322</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FRONTIER HISTORICAL SOCIETY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1001 COLORADO AVE</AddressLine1>
            <City>GLENWOOD SPRINGS</City>
            <State>CO</State>
            <ZIPCode>81601</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GIANTS COMMUNITY FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>24 WILLIE MAYS PLAZA</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94107</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>IMERMAN ANGELS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>400 W ERIE ST STE 405</AddressLine1>
            <City>CHICAGO</City>
            <State>IL</State>
            <ZIPCode>60654</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ISRAEL IN THE GARDENS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>121 STEUART STREET</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94105</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JAFINA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>633 THIRD 32ND FLOOR STE C</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10017</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>2600</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JEWISH COMMUNITY CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3200 CALIFORNIA STREET</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94118</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JEWISH COMMUNITY FEDERATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>121 STEUART STREET</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94105</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>11000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JEWISH COMMUNITY FEDERATION OF SAN FRANCISCO</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>121 STEUART STREET</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94105</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JEWISH FAMILY &amp; CHILDRENS SERVICES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2150 POST ST</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94115</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JEWISH FEDERATION OF LAS VEGAS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2317 RENAISSANCE DRIVE SIGESMUND</AddressLine1>
            <AddressLine2>CENTER</AddressLine2>
            <City>LAS VEGAS</City>
            <State>NV</State>
            <ZIPCode>89119</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JEWISH FEDERATION OF METROPOLITAN DETROIT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>6735 TELEGRAPH</AddressLine1>
            <City>BLOOMFIELD HILLS</City>
            <State>MI</State>
            <ZIPCode>48303</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>75000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JEWISH FEDERATION OF NORTH AMERICA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>25 BROADWAY STE 1700</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10004</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JEWISH FEDERATION OF SOUTHERN ARIZONA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3822 EAST RIVER ROAD</AddressLine1>
            <City>TUCSON</City>
            <State>AZ</State>
            <ZIPCode>85718</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>8000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JEWISH VOCATIONAL SERVICES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>225 BUSH STREET SUITE 400</AddressLine1>
            <City>SAN ANTONIO</City>
            <State>CA</State>
            <ZIPCode>94104</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MINNIE CANNON SCHOOL BOOSTERS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>20932 BIG CANYON RD</AddressLine1>
            <City>MIDDLETOWN</City>
            <State>CA</State>
            <ZIPCode>95461</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MINORITY BUSINESS TRAINING CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>44063 FREMONT STE B</AddressLine1>
            <City>FREMONT</City>
            <State>CA</State>
            <ZIPCode>94538</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MOUNT SINAI MEDICAL CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4300 ALTON ROAD</AddressLine1>
            <City>MIAMI BEACH</City>
            <State>FL</State>
            <ZIPCode>33140</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SAN FRANCISCO AIDS FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1035 MARKET STE 400</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94103</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SAN FRANCISCO HISTORY ASSOCIATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>743 BADEN AVE</AddressLine1>
            <City>S SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94080</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SAN FRANCISCO JEWISH FILM FESTIVAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>145 NINTH STE 200</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94103</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SPOTLIGHT ON HEROES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>80 CULLODEN PARK RD</AddressLine1>
            <City>SAN RAFAEL</City>
            <State>CA</State>
            <ZIPCode>94901</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE BIRTHRIGHT ISRAEL FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>33 EAST 33RD STREET 7TH FLOOR</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10016</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>1800</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE DETROIT INSTITUTE OF ARTS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5200 WOODWARD AVE</AddressLine1>
            <City>DETROIT</City>
            <State>MI</State>
            <ZIPCode>48202</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>160000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE OMI CULTURAL PARTICIPATION PROJECT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>200 GRAFTON AVE</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94112</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE WOLFSONIAN-FIU</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1001 WASHINGTON AVENUE</AddressLine1>
            <City>MIAMI BEACH</City>
            <State>FL</State>
            <ZIPCode>33139</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>7500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UPSTART BAY AREA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>332 PINE STREET SUITE 600</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94104</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WAYNE STATE UNIVERSITY SCHOOL OF MEDICINE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4201 ST ANTOINE</AddressLine1>
            <City>DETROIT</City>
            <State>MI</State>
            <ZIPCode>48201</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>170 (C)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE WITHOUT RESTRICTIONS</PurposeOfGrantOrContribution>
          <Amount>4000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>510769</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>62</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>551</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <OtherInvestmentIncomePartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>3578</ExclusionAmount>
        </OtherInvestmentIncomePartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>-209092</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>0</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>-204901</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>-204901</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>0</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>0</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>0</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>0</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>0</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>0</ReimbursementArrangements>
        <LoansOrLoanGuarantees>0</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>0</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>0</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>0</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <GeneralExplanationAttachment documentId="RetDoc2258700001">
      <GeneralExplanation>
        <Identifier>LIST OF CONTROLLED ENTITIES</Identifier>
        <ReturnReference>FORM 99-PF, PART VII-A, LINE 11</ReturnReference>
        <Explanation>FOUNDATION ESTATE CAPITAL LLC FIN 27-04147902000 TOWN CENTER, STE 1360SOUTHFIELD, MI 48075CAPITAL DISTRIBUTED FROM-$480,000</Explanation>
      </GeneralExplanation>
    </GeneralExplanationAttachment>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>VARIOUS CORP MARKETABLE STOCKS</NameOfStock>
        <EOYBookValue>22133</EOYBookValue>
        <EOYFMV>25042</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssets>
        <Description>INVEST IN FOUNDATION ESTATE LLC</Description>
        <BOYBookValue>1196795</BOYBookValue>
        <EOYBookValue>512435</EOYBookValue>
        <EOYFMV>334103</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>FILING FEES</Description>
        <RevenueAndExpensesPerBooks>20</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>20</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BANK CHARGES</Description>
        <RevenueAndExpensesPerBooks>70</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>70</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncome>
        <Description>SEC SPECIALISTS SETTLEMENT FUND</Description>
        <RevenueAndExpensesPerBooks>340</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>340</NetInvestmentIncome>
        <AdjustedNetIncome>340</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>FOUNDATION ESTATE CAPITAL LLC</Description>
        <RevenueAndExpensesPerBooks>3238</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>3238</NetInvestmentIncome>
        <AdjustedNetIncome>3238</AdjustedNetIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>FEDERAL INCOME TAX</Category>
        <Amount>3083</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
    <TransfersFrmControlledEntities documentId="RetDoc2204900001">
      <FromControlledEntity>
        <Name>
          <BusinessNameLine1>FOUNDATION ESTATE CAPITAL LLC</BusinessNameLine1>
        </Name>
        <AddressUS>
          <AddressLine1>2000 TOWN CENTER STE 1360</AddressLine1>
          <City>SOUTHFIELD</City>
          <State>MI</State>
          <ZIPCode>48075</ZIPCode>
        </AddressUS>
        <EIN>270414790</EIN>
        <Description>CAPITAL DISTRIBUTED</Description>
        <Amount>480000</Amount>
      </FromControlledEntity>
      <Total>480000</Total>
    </TransfersFrmControlledEntities>
  </ReturnData>
</Return>