﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2012v2.3">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-11-15T11:00:43-06:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>113619178</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>WEISBERG MOLE KRANTZ &amp; GOLDFARB LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>185 CROSSWAYS PARK DRIVE</AddressLine1>
        <City>WOODBURY</City>
        <State>NY</State>
        <ZIPCode>117972040</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>133749869</EIN>
      <Name>
        <BusinessNameLine1>THE GERALD AND DAPHNA CRAMER FAMILY</BusinessNameLine1>
        <BusinessNameLine2>FOUNDATION INC</BusinessNameLine2>
      </Name>
      <NameControl>GERA</NameControl>
      <Phone>9146839600</Phone>
      <USAddress>
        <AddressLine1>C/O WMKG 185 CROSSWAYS PARK DRIVE</AddressLine1>
        <City>WOODBURY</City>
        <State>NY</State>
        <ZIPCode>11797</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>GERALD B CRAMER</Name>
      <Title>OFFICER</Title>
      <Phone>9146839600</Phone>
      <DateSigned>2013-11-08</DateSigned>
      <AuthorizeThirdParty>false</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>RICHARD A MOLE'</Name>
      <Phone>5169333800</Phone>
      <DatePrepared>2013-11-08</DatePrepared>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="14">
    <IRS990PF documentId="RetDoc2">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>6761627</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>1557000</ContriReceivedRevAndExpnss>
        <InterestOnSavingsRevAndExpnss>101</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>101</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>17036</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>17036</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss referenceDocumentId="RetDoc5">714684</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>1220434</GrossSalesPrice>
        <OtherIncomeRevAndExpnss referenceDocumentId="RetDoc12">-22159</OtherIncomeRevAndExpnss>
        <TotalRevenueAndExpenses>2266662</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>17137</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>4000</CompOfcrDirTrstRevAndExpnss>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc3">7500</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>7500</AccountingFeesNetInvstIncm>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc14">981</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>981</TaxesNetInvstIncm>
        <TravConfMeetingRevAndExpnss>37000</TravConfMeetingRevAndExpnss>
        <TravConfMeetingNetInvstIncm>37000</TravConfMeetingNetInvstIncm>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc10">867</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>867</OtherExpensesNetInvstIncm>
        <TotOprExpensesRevAndExpnss>50348</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>46348</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>1325857</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>1325857</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>1376205</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>46348</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>1325857</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>890457</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>951566</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>458333</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>458333</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>1986197</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc6">3154346</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>3154346</InvestmentsCorpStockEOYFMV>
        <InvestmentsOtherBOY>2739179</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="RetDoc7">3137835</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>3137835</InvestmentsOtherEOYFMV>
        <OtherAssetsBOY referenceDocumentId="RetDoc8">15385</OtherAssetsBOY>
        <OtherAssetsEOY referenceDocumentId="RetDoc8">11113</OtherAssetsEOY>
        <OtherAssetsEOYFMV referenceDocumentId="RetDoc8">11113</OtherAssetsEOYFMV>
        <TotalAssetsBOY>5692327</TotalAssetsBOY>
        <TotalAssetsEOY>6761627</TotalAssetsEOY>
        <TotalAssetsEOYFMV>6761627</TotalAssetsEOYFMV>
        <AccountsPayableBOY>7000</AccountsPayableBOY>
        <AccountsPayableEOY>7500</AccountsPayableEOY>
        <TotalLiabilitiesBOY>7000</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>7500</TotalLiabilitiesEOY>
        <OrgThatFollowSFAS117>X</OrgThatFollowSFAS117>
        <UnrestrictedBOY>5685327</UnrestrictedBOY>
        <UnrestrictedEOY>6754127</UnrestrictedEOY>
        <TotalNetAssetsBOY>5685327</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>6754127</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>5692327</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>6761627</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>5685327</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>890457</ExcessOfRevenueOverExpenses>
        <OtherIncreases referenceDocumentId="RetDoc11">179050</OtherIncreases>
        <Subtotal>6754834</Subtotal>
        <OtherDecreases referenceDocumentId="RetDoc9">707</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>6754127</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>1130839</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>6331232</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.178613</DistributionRatioYear1>
        <QualifyingDistributionsYear2>1454364</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>7439905</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.195482</DistributionRatioYear2>
        <QualifyingDistributionsYear3>1292555</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>6576842</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.196531</DistributionRatioYear3>
        <QualifyingDistributionsYear4>1141167</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>7005933</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.162886</DistributionRatioYear4>
        <QualifyingDistributionsYear5>919211</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>9607976</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.095672</DistributionRatioYear5>
        <TotalDistributionRatio>0.829184</TotalDistributionRatio>
        <AverageDistributionRatio>0.165837</AverageDistributionRatio>
        <NetNoncharitableAssets>5586100</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>926382</AdjustedNoncharitableAssets>
        <AdjNonchrtblAssetsAndOnePct>926382</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>1325857</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>0</InvestmentIncomeExciseTax>
        <EstTaxPaymentsAndOverpayment>14437</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>14437</TotalCreditsAndPayments>
        <Overpayment>14437</Overpayment>
        <AmountCreditedToNextYear>14437</AmountCreditedToNextYear>
      </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>NY</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors referenceDocumentId="RetDoc13">true</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>GERALD B CRAMER</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>9146839600</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>C/O WMKG 185 CROSSWAYS PARK DRIVE</AddressLine1>
          <City>WOODBURY</City>
          <State>NY</State>
          <ZIPCode>11797</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <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>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">GERALD B CRAMER</PersonName>
          <USAddress>
            <AddressLine1>C/O WMKG 185 CROSSWAYS PARK DRIVE</AddressLine1>
            <City>WOODBURY</City>
            <State>NY</State>
            <ZIPCode>11797</ZIPCode>
          </USAddress>
          <Title>PRESIDENT</Title>
          <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">DAPHNA CRAMER</PersonName>
          <USAddress>
            <AddressLine1>C/O WMKG 185 CROSSWAYS PARK DRIVE</AddressLine1>
            <City>WOODBURY</City>
            <State>NY</State>
            <ZIPCode>11797</ZIPCode>
          </USAddress>
          <Title>VICE PRESIDE</Title>
          <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">LAUREN B CRAMER</PersonName>
          <USAddress>
            <AddressLine1>15 BROAD STREET APT 1624</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10005</ZIPCode>
          </USAddress>
          <Title>SECRETARY</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>500</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">DOUGLAS CRAMER</PersonName>
          <USAddress>
            <AddressLine1>2 EVERGREEN ROW</AddressLine1>
            <City>ARMONK</City>
            <State>NY</State>
            <ZIPCode>10504</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>500</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">KIMBERLY GERM-CRAMER</PersonName>
          <ForeignAddress>
            <AddressLine1>SCHULSTRASSE 90</AddressLine1>
            <ProvinceOrState>LANGENZERSDORF</ProvinceOrState>
            <Country>AU</Country>
          </ForeignAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>500</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">ROY RASKIN</PersonName>
          <ForeignAddress>
            <AddressLine1>10 ROZENBLUMM ST APT 217</AddressLine1>
            <ProvinceOrState>TEL AVIV</ProvinceOrState>
            <Country>IS</Country>
          </ForeignAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>500</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">SHELLY RASKIN</PersonName>
          <ForeignAddress>
            <AddressLine1>BEIT ZUIR 3 APT 24</AddressLine1>
            <ProvinceOrState>TEL AVIV</ProvinceOrState>
            <Country>IS</Country>
          </ForeignAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>500</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">THOMAS CRAMER</PersonName>
          <USAddress>
            <AddressLine1>40900 VIA LOS ALTOS</AddressLine1>
            <City>TEMECULA</City>
            <State>CA</State>
            <ZIPCode>92591</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>500</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">RON GALLATIN</PersonName>
          <USAddress>
            <AddressLine1>17061 BROOKWOOD DRIVE</AddressLine1>
            <City>BOCA RATON</City>
            <State>FL</State>
            <ZIPCode>33492</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>500</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">ARTHUR WEISS</PersonName>
          <USAddress>
            <AddressLine1>27777 FRANKLIN ROAD SUITE 2500</AddressLine1>
            <City>SOUTHFIELD</City>
            <State>MI</State>
            <ZIPCode>48034</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>500</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Description1>N/A</Description1>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>3411343</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>673959</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>1585866</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>5671168</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>5671168</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>85068</CashDeemedCharitable>
        <NetNoncharitableAssets>5586100</NetNoncharitableAssets>
        <MinimumInvestmentReturn>279305</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>279305</MinimumInvestmentReturn>
        <DistributableAmountBeforeAdj>279305</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>279305</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>279305</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>1325857</ExpensesAndContributions>
        <QualifyingDistributions>1325857</QualifyingDistributions>
        <AdjQualifyingDistributions>1325857</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>279305</DistributableAmountAsAdjusted>
        <ExcessDistriCarryoverYear5>446048</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>791144</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>966015</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>1085139</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>815171</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>4103517</TotalExcessDistriCarryover>
        <QualifyingDistributions>1325857</QualifyingDistributions>
        <AppliedToCurrentYear>279305</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>1046552</RemainingDistriFromCorpus>
        <TotalCorpus>5150069</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovFromYear5>446048</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>4704021</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>791144</ExcessFromYear4>
        <ExcessFromYear3>966015</ExcessFromYear3>
        <ExcessFromYear2>1085139</ExcessFromYear2>
        <ExcessFromYear1>815171</ExcessFromYear1>
        <ExcessFromCurrentYear>1046552</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MAXWELL SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>820 COMSTOCK AVENUE</AddressLine1>
            <City>SYRACUSE</City>
            <State>NY</State>
            <ZIPCode>132445040</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>225000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ABRAHAM FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>9 EAST 45TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10017</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMER-ISRAEL ENVIREONMENTA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>136 EAST 57TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10022</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN ENTERPRISE</BusinessNameLine1>
            <BusinessNameLine2>INSTITUTE</BusinessNameLine2>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1150 SEVENTEENTH STREET</AddressLine1>
            <AddressLine2>NW</AddressLine2>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20036</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN FRIENDS OF IDC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>104 FIFTH AVENUE 14TH FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10011</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>250900</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN FRIENDS OF REUTH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>185 MADISON AVENUE</AddressLine1>
            <AddressLine2>SUITE 1604</AddressLine2>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10016</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN FRIENDS OF SHEBA</BusinessNameLine1>
            <BusinessNameLine2>MEDICAL CENTER AT TEL HASHOMER</BusinessNameLine2>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>250 WEST 57TH STREET SUI</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10107</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>145000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>AMERICAN FRIENDS OF THE T</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>36 W 44 STREET SUITE 120</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10036</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CARAMOOR</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 816 KATONAH</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10536</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GLUCOMA FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>80 MAIDEN LANE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10038</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HANDS ON TZEDAKAH INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2255 GLADES ROAD SUITE 3</AddressLine1>
            <City>BOCA RATON</City>
            <State>FL</State>
            <ZIPCode>33431</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>METROPOLITAN MUSEUM OF AR</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1000 FIFTH AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>100280198</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMHECT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4066 SHELBURNE RD</AddressLine1>
            <AddressLine2>SUITE 5</AddressLine2>
            <City>SHELBURNE</City>
            <State>VT</State>
            <ZIPCode>05482</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MONTEFIORE MEDICAL CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>111 EAST 210TH STREET</AddressLine1>
            <City>BRONX</City>
            <State>NY</State>
            <ZIPCode>10467</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MUSEUM OF ARTS AND DESIGN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>40 WEST 53RD STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10019</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NATIONAL DANCE INSTITUTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>594 BROADWAY</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10012</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>70000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NATIONAL ROAD SAFETY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3 NEW YORK PLAZA</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10004</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NEW ULTRECHT HS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1601-80TH STREET</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11214</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NEW YORK CITY BALLET</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>250 LINCOLN CENTER</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10023</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SAN FRANCISCO ZEN CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>39171 TASSAJARA ROAD</AddressLine1>
            <City>CARMEL VALLEY</City>
            <State>CA</State>
            <ZIPCode>93924</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SEEDS OF PEACE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>370 LEXINGTON AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10017</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SYRACUSE UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>820 COMSTOCK AVENUE</AddressLine1>
            <City>SYRACUSE</City>
            <State>NY</State>
            <ZIPCode>132445040</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>408000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WHITNEY MUSEUM OF ART</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>945 MADISON AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10021</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WIZO</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>950 THIRD AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10022</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DOR CHADASH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>165 EAST 56TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10022</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MUSEUM OF MODERN ART</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>11 WEST 53RD STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10019</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JACOB BURNS FILM CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>364 MANVILLE ROAD</AddressLine1>
            <City>PLEASANTVILLE</City>
            <State>NY</State>
            <ZIPCode>10570</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE LEUKEMIA &amp;LYMPHOMA SO</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 4072</AddressLine1>
            <City>PITTSFIELD</City>
            <State>MA</State>
            <ZIPCode>01202</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TARGE ENERGY LLC - PASS THRU</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>111 FREEPORT ROAD</AddressLine1>
            <City>ASPINWALL</City>
            <State>PA</State>
            <ZIPCode>15215</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>7</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN FRIENDS OF JORDAN RIVER</BusinessNameLine1>
            <BusinessNameLine2>VILLAGE</BusinessNameLine2>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>228 PARK AVE S 97952</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10003</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ELEM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>211 CENTRAL PARK WEST</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10024</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JUVENILE DIABETES RESEARCH</BusinessNameLine1>
            <BusinessNameLine2>FOUNDATION</BusinessNameLine2>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>120 WALL STREET 19TH FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10005</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LEARNINGSPRING ELEMENTARY SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>254 WEST 29TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10001</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>YORKTOWN AMBULANCE CORPS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2600 LORETTA STREET</AddressLine1>
            <City>YORKTOWN HEIGHTS</City>
            <State>NY</State>
            <ZIPCode>10598</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ASCPA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 96929</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>200906929</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JEWISH FUNDERS NETWORK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>150 W 30TH ST</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10001</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>OPEN DOOR FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2 CHURCH STREET STE 101</AddressLine1>
            <City>OSSINING</City>
            <State>NY</State>
            <ZIPCode>10562</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FEGS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>315 HUDSON STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10013</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HOLY CROSS HOSPITAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1500 FOREST GLEN ROAD</AddressLine1>
            <City>SILVER SPRING</City>
            <State>MD</State>
            <ZIPCode>20910</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>KIBBUTZ CONTEMPORARY DANCE CO</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>707 WESTCHESTER AVE</AddressLine1>
            <City>WHITE PLAINS</City>
            <State>NY</State>
            <ZIPCode>10604</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TEATOWN LAKE RESERVATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1600 SPRING VALLEY ROAD</AddressLine1>
            <City>OSSINING</City>
            <State>NY</State>
            <ZIPCode>10562</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>4900</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WNET</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>825 EIGHTH AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10019</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FRIENDS OF YAD SARAH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>450 PARK AVENUE 7TH FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10022</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1800</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ASU ART MUSEUM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>51 E 10TH ST</AddressLine1>
            <City>TEMPE</City>
            <State>AZ</State>
            <ZIPCode>85281</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UPHA PINK RIBBON PROGRAM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4059 IRON WORKS PARKWAY</AddressLine1>
            <AddressLine2>SUITE 2</AddressLine2>
            <City>LEXINGTON</City>
            <State>KY</State>
            <ZIPCode>40511</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HEBREW CONGREGATION OF SOMERS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 40</AddressLine1>
            <City>SHENOROCK</City>
            <State>NY</State>
            <ZIPCode>10587</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN CANCER SOCIETY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>250 WILLIAMS STREET NW</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30303</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THIRD STREET MUSIC SCHOOL SETTLEMEN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>235 EAST 11TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10003</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>1325857</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <RelatedOrExemptFunctionIncome>101</RelatedOrExemptFunctionIncome>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <RelatedOrExemptFunctionIncome>17036</RelatedOrExemptFunctionIncome>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <RelatedOrExemptFunctionIncome>714684</RelatedOrExemptFunctionIncome>
        </GainSalesAssetsOthThanInvntry>
        <OtherRevenueDescribed>
          <Description>OTHER INCOME</Description>
          <RelatedOrExemptFunctionIncome>1800</RelatedOrExemptFunctionIncome>
        </OtherRevenueDescribed>
        <OtherRevenueDescribed>
          <Description>SAND HILL CAPITAL IV</Description>
          <RelatedOrExemptFunctionIncome>15584</RelatedOrExemptFunctionIncome>
        </OtherRevenueDescribed>
        <OtherRevenueDescribed>
          <Description>TARGE</Description>
          <RelatedOrExemptFunctionIncome>-21402</RelatedOrExemptFunctionIncome>
        </OtherRevenueDescribed>
        <OtherRevenueDescribed>
          <Description>CRM WINDRIDGE PARTNERS II LP</Description>
          <RelatedOrExemptFunctionIncome>-18141</RelatedOrExemptFunctionIncome>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <RelatedOrExemptFunctionIncome>709662</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>709662</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>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>GERALD B CRAMER</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>C/O WMKG 185 CROSSWAYS PARK DRIVE</AddressLine1>
          <City>WOODBURY</City>
          <State>NY</State>
          <ZIPCode>11797</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>1557000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
        <NoncashContributionType>X</NoncashContributionType>
      </ContributorInfo>
      <NoncashProperty>
        <ContributorNumberFromPartI>1</ContributorNumberFromPartI>
        <NoncashPropertyDescription>THERAPEUTICS MD STOCK</NoncashPropertyDescription>
        <FairMarketValue>1550000</FairMarketValue>
        <DateReceived>2012-12-31</DateReceived>
      </NoncashProperty>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc3">
      <AccountingFees>
        <Category>ACCOUNTING</Category>
        <Amount>7500</Amount>
        <NetInvestmentIncome>7500</NetInvestmentIncome>
      </AccountingFees>
    </AccountingFeesSchedule>
    <CompensationExplanation documentId="RetDoc4">
      <Compensation>
        <PersonName>GERALD B CRAMER</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>DAPHNA CRAMER</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>LAUREN B CRAMER</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>DOUGLAS CRAMER</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>KIMBERLY GERM-CRAMER</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>ROY RASKIN</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>SHELLY RASKIN</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>THOMAS CRAMER</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>RON GALLATIN</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>ARTHUR WEISS</PersonName>
      </Compensation>
    </CompensationExplanation>
    <GainLossSaleOtherAssetsSch documentId="RetDoc5">
      <GainLossSaleOtherAsset>
        <Name>GRAND CANYON EDUCATION</Name>
        <DateAcquired>2004-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2012-05</DateSold>
        <GrossSalesPrice>120426</GrossSalesPrice>
        <Basis>51233</Basis>
        <TotalNet>69193</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>BROOKFIELD ASSET MANAGEMENT</Name>
        <DateAcquired>2003-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>441340</GrossSalesPrice>
        <Basis>112724</Basis>
        <TotalNet>328616</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>GRAND CANYON EDUCATION</Name>
        <DateAcquired>2004-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>398991</GrossSalesPrice>
        <Basis>155793</Basis>
        <TotalNet>243198</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>SUBURBAN PROPANE</Name>
        <DateAcquired>2012-08</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>186046</GrossSalesPrice>
        <Basis>186000</Basis>
        <TotalNet>46</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>CRM WINDRIDGE</Name>
        <DateAcquired>2012-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2012-12</DateSold>
        <GrossSalesPrice>58243</GrossSalesPrice>
        <TotalNet>58243</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>CRM WINDRIDGE</Name>
        <DateAcquired>2010-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2012-12</DateSold>
        <GrossSalesPrice>13086</GrossSalesPrice>
        <TotalNet>13086</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>CRM WINDRIDGE</Name>
        <DateAcquired>2012-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2012-12</DateSold>
        <GrossSalesPrice>921</GrossSalesPrice>
        <TotalNet>921</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>CRM WINDRIDGE</Name>
        <DateAcquired>2010-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2012-12</DateSold>
        <GrossSalesPrice>1381</GrossSalesPrice>
        <TotalNet>1381</TotalNet>
      </GainLossSaleOtherAsset>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="RetDoc6">
      <InvestmentsCorpStock>
        <NameOfStock>CORPORATE STOCKS</NameOfStock>
        <EOYBookValue>3154346</EOYBookValue>
        <EOYFMV>3154346</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc7">
      <InvestmentsOther>
        <CategoryOrItem>OTHER INVESTMENTS</CategoryOrItem>
        <ListedAtCostOrFMV>FMV</ListedAtCostOrFMV>
        <BookValue>3136499</BookValue>
        <EOYFMV>3136499</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>CLEARWATER NATURAL RESOURCE BOND</CategoryOrItem>
        <ListedAtCostOrFMV>FMV</ListedAtCostOrFMV>
        <BookValue>1336</BookValue>
        <EOYFMV>1336</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc8">
      <OtherAssets>
        <Description>DUE FROM OTHERS</Description>
        <BOYBookValue>11107</BOYBookValue>
        <EOYBookValue>11107</EOYBookValue>
        <EOYFMV>11107</EOYFMV>
      </OtherAssets>
      <OtherAssets>
        <Description>OTHER RECEIVABLES</Description>
        <BOYBookValue>4278</BOYBookValue>
        <EOYBookValue>6</EOYBookValue>
        <EOYFMV>6</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="RetDoc9">
      <OtherDecreases>
        <Description>NON DEDUCTIBLE EXPENSES FROM PASS THRU ENTITIES</Description>
        <Amount>221</Amount>
      </OtherDecreases>
      <OtherDecreases>
        <Description>UNREALIZED LOSSES FROM K-1'S</Description>
        <Amount>486</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc10">
      <OtherExpenses>
        <Description>EXPENSES</Description>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INSURANCE</Description>
        <RevenueAndExpensesPerBooks>744</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>744</NetInvestmentIncome>
      </OtherExpenses>
      <OtherExpenses>
        <Description>SEC 1231 LOSS FR PASS THRU EN</Description>
        <RevenueAndExpensesPerBooks>23</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>23</NetInvestmentIncome>
      </OtherExpenses>
      <OtherExpenses>
        <Description>SPEAKER</Description>
        <RevenueAndExpensesPerBooks>100</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>100</NetInvestmentIncome>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc12">
      <OtherIncome>
        <Description>OTHER INCOME</Description>
        <RevenueAndExpensesPerBooks>1800</RevenueAndExpensesPerBooks>
      </OtherIncome>
      <OtherIncome>
        <Description>SAND HILL CAPITAL IV</Description>
        <RevenueAndExpensesPerBooks>15584</RevenueAndExpensesPerBooks>
      </OtherIncome>
      <OtherIncome>
        <Description>TARGE</Description>
        <RevenueAndExpensesPerBooks>-21402</RevenueAndExpensesPerBooks>
      </OtherIncome>
      <OtherIncome>
        <Description>CRM WINDRIDGE PARTNERS II LP</Description>
        <RevenueAndExpensesPerBooks>-18141</RevenueAndExpensesPerBooks>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="RetDoc11">
      <OtherIncreases>
        <Description>FROM K-1 PASS THRU ENTITY ADJUSTMENTS</Description>
        <Amount>5095</Amount>
      </OtherIncreases>
      <OtherIncreases>
        <Description>UNREALIZED GAINS</Description>
        <Amount>173955</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <SubstantialContributorsSch documentId="RetDoc13">
      <SubstantialContributor>
        <PersonName>GERALD B CRAMER</PersonName>
        <USAddress>
          <AddressLine1>C/O WMKG 185 CROSSWAYS PARK DRIVE</AddressLine1>
          <City>WOODBURY</City>
          <State>NY</State>
          <ZIPCode>11797</ZIPCode>
        </USAddress>
      </SubstantialContributor>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="RetDoc14">
      <Taxes>
        <Category>FOREIGN TAXES</Category>
        <Amount>981</Amount>
        <NetInvestmentIncome>981</NetInvestmentIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>