THE SAMUEL AND JEAN FRANKEL JEWISH HERITAGE FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: THE SAMUEL AND JEAN FRANKEL JEWISH HERITAGE FOUNDATION (EIN 30-0095016)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-10-21
IRS object ID: 201902949349100805
Schema version: 2018v3.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-10-21T12:42:41-05:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	382517534	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BERGER GHERSI & LADUKE PLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	300 EAST LONG LAKE ROAD STE 135	AddressLine1Txt
City	BLOOMFIELD HILLS	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	483042374	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	300095016	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE SAMUEL AND JEAN FRANKEL	BusinessNameLine1Txt
Business Name Line2	JEWISH HERITAGE FOUNDATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	SAMU	BusinessNameControlTxt
Phone	2486492600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2301 WEST BIG BEAVER NO 900	AddressLine1Txt
City	TROY	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48084	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	STANLEY FRANKEL	PersonNm
Person Title	PRESIDENT AND TRUSTEE	PersonTitleTxt
Phone	2486492600	PhoneNum
Signature	2019-10-17	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	RAYMOND J GHERSI	PreparerPersonNm
PTIN	P00177156	PTIN
Phone	2483333680	PhoneNum
Preparation	2019-10-16	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	50.192.123.121	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-10-17	IPDt
IP Tm	09:59:43	IPTm
IP Timezone	ED	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	2B96126898315253DF918ECB2537D1E384A9E1B2	AtSubmissionCreationDeviceId
At Submission Filing Device Id	2B96126898315253DF918ECB2537D1E384A9E1B2	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-01-14 16:20:31Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$290,353,290	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$73,237	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$6,313,015	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$6,313,015	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$7,896,635	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$35,461,346	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$10,490,201	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	-$950,399	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	-$1,412,705	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$13,332,488	TotalRevAndExpnssAmt
Total Net Invst Incm	$15,390,511	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$12,760	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Interest Rev And Expnss	$125	InterestRevAndExpnssAmt
Interest Net Invst Incm	$0	InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl	$0	InterestDsbrsChrtblAmt
Taxes Rev And Expnss	$526,787	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$4,589	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$687,378	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$686,904	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,227,050	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$691,493	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$14,791,073	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$14,791,073	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$16,018,123	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$691,493	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$14,791,073	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$2,685,635	ExcessRevenueOverExpensesAmt
Net Investment Income	$14,699,018	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$5,162	CashBOYAmt
Cash EOY	$480,735	CashEOYAmt
Cash EOYFMV	$480,735	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$42,924,328	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$38,222,842	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$38,222,842	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$67,105	AcctRcvblAmt
Acct Rcvbl BOY	$57,941	AcctRcvblBOYAmt
Acct Rcvbl EOY	$67,105	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$67,105	AcctRcvblEOYFMVAmt
Corporate Stock BOY	$128,090,925	CorporateStockBOYAmt
Corporate Stock EOY	$127,203,979	CorporateStockEOYAmt
Corporate Stock EOYFMV	$166,729,106	CorporateStockEOYFMVAmt
Other Investments BOY	$52,187,907	OtherInvestmentsBOYAmt
Other Investments EOY	$55,303,345	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$84,853,502	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$223,266,263	TotalAssetsBOYAmt
Total Assets EOY	$221,278,006	TotalAssetsEOYAmt
Total Assets EOYFMV	$290,353,290	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$223,266,263	RetainedEarningBOYAmt
Retained Earning EOY	$221,278,006	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$223,266,263	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$221,278,006	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$223,266,263	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$221,278,006	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$223,266,263	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$2,685,635	ExcessRevenueOverExpensesAmt
Other Increases	$697,628	OtherIncreasesAmt
Subtotal	$221,278,256	SubtotalAmt
Other Decreases	$250	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$221,278,006	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (34 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLIC TRADED SECURITIES UBS #11925	P	$7,786,150	$4,894,499	$2,891,651	$2,891,651
PUBLIC TRADED SECURITIES AZIMUTH #35415	P	$1,547,786	$1,416,592	$131,194	$131,194
PUBLIC TRADED SECURITIES 1ST MANHATTAN #006600	P	$1,225,166	$1,662,154	-$436,988	-$436,988
16000 SHS PEPSICO	D	$1,539,513	$1,046,491	$493,022	$493,022
52000 SHS COMCAST CORP	D	$1,749,099	$940,669	$808,430	$808,430
11000 SHS PROCTER & GAMBLE CO	D	$864,591	$695,441	$169,150	$169,150
19800 SHS AETNA	D	$4,209,936	$918,662	$3,291,274	$3,291,274
PUBLIC TRADED SECURITIES UBS #37630	P	$5,921,268	$5,150,563	$770,705	$770,705
550 SHS HOME DEPOT	D	$112,704	$50,046	$62,658	$62,658
375 SHS VISA INC	D	$46,632	$28,672	$17,960	$17,960
550 SHS PEPSICO INC	D	$61,430	$56,197	$5,233	$5,233
275 SHS AMERICAN TOWER CORP	D	$38,567	$27,671	$10,896	$10,896
100 SHS CELGENE CORP	D	$8,826	$5,569	$3,257	$3,257
1050 SHS MARSH & MCLENNAN COMPANIES	D	$85,652	$57,477	$28,175	$28,175
675 SHS REINSURANCE GROUP OF AMERICA	D	$90,114	$54,245	$35,869	$35,869
975 SHS STARBUCKS	D	$46,318	$19,407	$26,911	$26,911
300 SHS EXXON MOBIL CORP	D	$24,467	$29,870	-$5,403	-$5,403
1575 SHS REPUBLIC SERVICES INC	D	$112,989	$61,723	$51,266	$51,266
875 SHS OMNICOM GROUP INC	D	$58,851	$37,975	$20,876	$20,876
850 SHS MCCORMICK & CO NON -VOTING	D	$111,011	$68,705	$42,306	$42,306
70 SHS FACEBOOK	D	$11,198	$5,705	$5,493	$5,493
975 SHS MARSH & MCLENNAN COMPANIES	D	$81,294	$47,430	$33,864	$33,864
500 SHS A.O. SMITH CORP	D	$25,918	$13,938	$11,980	$11,980
610 SHS DOLLAR TREE	D	$49,365	$16,274	$33,091	$33,091
475 SHS CARTER'S INC.	D	$44,375	$39,360	$5,015	$5,015
75 SHS SIGNATURE BANK	D	$8,267	$7,835	$432	$432
375 SHS OMNICELL INC	D	$26,660	$18,561	$8,099	$8,099
410 SHS FACEBOOK	D	$59,252	$33,078	$26,174	$26,174
PUBLIC TRADED SECURITIES AZIMUTH #35388	P	$2,403,274	$2,207,839	$195,435	$195,435
US TREASURY BILL REDEEMED	P	$5,219,807	$5,158,925	$60,882	$60,882
AMERICAN SECURITIES PARTNERS IV LP - K-1	P		$199,572	-$199,572	-$199,572
MILLENNIUM USA LP	P	$68,590		$68,590	$68,590
ABRAMS CAPITAL PARTNERS I, LP	P	$803,240		$803,240	$803,240
ABRAMS CAPITAL PARTNERS II, LP	P	$1,019,036		$1,019,036	$1,019,036

Field	Value	IRS element (for citing)
Capital Gain Net Income	$10,490,201	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$21,013,194	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$295,296,500	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.071160	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$17,226,093	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$279,070,799	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.061727	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$7,959,629	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$145,319,340	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.054773	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$8,982,030	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$147,589,660	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.060858	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$10,603,288	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$140,043,470	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.075714	DistributionYr5Rt
Total Distribution	0.324232	TotalDistributionRt
Average Distribution	0.064846	AverageDistributionRt
Net Vl Noncharitable Assets	$321,352,552	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$20,838,428	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$146,990	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$20,985,418	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$14,791,073	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$293,980	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$293,980	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$293,980	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$382,430	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$382,430	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$1,275	EsPenaltyAmt
Overpayment	$87,175	OverpaymentAmt
Applied To ES Tax	$87,175	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	MI	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	STANLEY FRANKEL	IndividualWithBooksNm
Phone	2486492600	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	2301 WEST BIG BEAVER SUITE 900	AddressLine1Txt
City	TROY	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48084	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
STANLEY FRANKEL
2301 WEST BIG BEAVER SUITE 900	TROY	MI	48084	PRESIDENT AND TRUSTEE	0.00	$0	$0	$0
STANLEY FRANKEL
2301 WEST BIG BEAVER SUITE 900	TROY	MI	48084	TREASURER AND TRUSTEE	0.00	$0	$0	$0
JUDITH FRANKEL
2301 WEST BIG BEAVER SUITE 900	TROY	MI	48084	SECRETARY AND TRUSTEE	0.00	$0	$0	$0
ARTHUR WEISS
27777 FRANKLIN ROAD SUITE 2500	SOUTHFIELD	MI	48034	ASSISANT SECRETARY	0.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$290,417,616	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$35,828,630	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$326,246,246	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$326,246,246	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$4,893,694	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$321,352,552	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$16,067,628	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$16,067,628	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$293,980	TaxBasedOnInvestmentIncomeAmt
Income Tax	$96,454	IncomeTaxAmt
Total Tax	$390,434	TotalTaxAmt
Distributable Before Adj	$15,677,194	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$15,677,194	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$15,677,194	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$14,791,073	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$14,791,073	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$14,791,073	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$15,677,194	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$3,658,346	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$1,780,143	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$884,595	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$3,577,653	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$6,630,982	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$16,531,719	TotalExcessDistributionCyovAmt
Qualifying Distributions	$14,791,073	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$14,791,073	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$886,121	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$886,121	ExcessDistributionCyovAppCYAmt
Total Corpus	$15,645,598	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$2,772,225	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$12,873,373	ExcessDistriCyovToNextYrAmt
Excess From Year4	$1,780,143	ExcessFromYear4Amt
Excess From Year3	$884,595	ExcessFromYear3Amt
Excess From Year2	$3,577,653	ExcessFromYear2Amt
Excess From Year1	$6,630,982	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	STANLEY FRANKEL	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (23 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	Province Or StateRecipientForeignAddress/ProvinceOrStateNm	CountryRecipientForeignAddress/CountryCd
ADAT SHALOM SYNAGOGUE
29901 MIDDLEBELT	FARMINGTON HILLS	MI	48336	NONE	PUBLIC CHARITY	DISCRETIONARY/SYNERGY SHABBATOT	$6,303
AMERICAN ISRAEL EDUCATION FUND
2301 W BIG BEAVER FLR 5	TROY	MI	48084	NONE	PRIVATE FOUNDATION	EDUCATIONAL	$665,000
CENTER FOR KEHIILA GROWTH
2301 W BIG BEAVER FLR 5	TROY	MI	48084	NONE	PUBLIC CHARITY	EDUCATIONAL	$1,726,000
CHABAD OF SHORELINE
1114 NE PERKINS WAY	SHORELINE	WA	98155	NONE	PUBLIC CHARITY	RELIGIOUS	$25,000
FRESH AIR SOCIETY
6735 TELEGRAPH	BLOOMFIELD HILLS	MI	48301	NONE	PUBLIC CHARITY	EDUCATIONAL	$381,418
HILLEL DAY SCHOOL OF METRO DETROIT
32200 MIDDLEBELT	FARMINGTON HILLS	MI	48334	NONE	PUBLIC CHARITY	EDUCATIONAL	$106,850
JEWISH COMMUNITY CENTER
6600 WEST MAPLE	WEST BLOOMFIELD	MI	48322	NONE	PUBLIC CHARITY	EDUCATIONAL	$201,000
JEWISH COMMUNITY FOUNDATION SAN DIEGO
4950 MURPHY CANYON ROAD	SAN DIEGO	CA	92123	NONE	PUBLIC CHARITY	THE SHABBAS PROJECT	$650,000
JEWISH FEDERATION OF METRO DETROIT
6710 WEST MAPLE ROAD	BLOOMFIELD HILLS	MI	48301	NONE	PUBLIC CHARITY	ISRAEL YOUTH TRAVEL	$150,000
JEWISH HOSPICE & CHAPLAINCY NETWORK
6555 WEST MAPLE ROAD	WEST BLOOMFIELD	MI	48322	NONE	PUBLIC CHARITY	RELIGIOUS	$10,000
JEWISH SENIOR LIVING OF METRO DETROIT
6711 WEST MAPLE ROAD	WEST BLOOMFIELD	MI	48322	NONE	PUBLIC CHARITY	DISCRETIONARY	$1,000
JEWISH THEOLOGICAL SEMINARY
3080 BROADWAY	NEW YORK	NY	10027	NONE	PUBLIC CHARITY	RELIGIOUS	$10,000
MESORAH HERITAGE FOUNDATION
4401 SECOND AVENUE	BROOKLYN	NY	11232	NONE	PUBLIC CHARITY	RELIGIOUS	$1,000,000
MIRIAM'S WELL -- BE'ER MIRIAM
13 SIMMONS STREET	SAUGERTIES	NY	12477	NONE	PUBLIC CHARITY	RELIGIOUS	$150,000
NCSY
2020 K STREET	WASHINGTON	DC	20006	NONE	PUBLIC CHARITY	EDUCATIONAL & RELIGIOUS	$28,000
TALI FRANKEL ELEMENTARY SCHOOL
				NONE	PUBLIC CHARITY	EDUCATIONAL	$28,023	HA-PRAKHIM	RANANA	RAANANA	IS
TEMPLE KOL AMI
5085 WALNUT LAKE RD	WEST BLOOMFIELD	MI	48323	NONE	PUBLIC CHARITY	RELIGIOUS	$6,000
UNIVERSITY OF MICHIGAN
YIDDISH PROGRAM	ANN ARBOR	MI	48104	NONE	PUBLIC CHARITY	EDUCATIONAL	$130,000
V HECHZAKTA BO
220 W CONGRESS SUITE 500	DETROIT	MI	48226	NONE	PUBLIC CHARITY	RELIGIOUS	$430,000
YAD EZRA
2850 11 MILE ROAD	BERKLEY	MI	48072	NONE	PUBLIC CHARITY	FOOD BANK	$163,000
YASHIVA HAKAYITZ OF DETROIT
15742 FAIRFAX	SOUTHFIELD	MI	48075	NONE	PUBLIC CHARITY	EDUCATIONAL	$100,000
YESHIVA BETH YEHUDAH
15751 LINCOLN DRIVE	SOUTHFIELD	MI	48076	NONE	PUBLIC CHARITY	EDUCATIONAL	$8,822,479
YIDDISH BOOK CENTER
1021 WEST AMHERST STREET	AMHERST	MA	01002	NONE	PUBLIC CHARITY	EDUCATIONAL	$1,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$14,791,073	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$6,313,015	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$185,515	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$7,896,635	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (3 entries)

DescDesc	Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt	ExclusionExclusionCd	ExclusionExclusionAmt
MILLENNIUM USA LP	$536,651	14	-$1,422,425
ABRAMS CAPITAL I, LP	-$36,512	14	-$95,929
ABRAMS CAPITAL II, LP	-$37,833	14	-$79,866

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$462,306	UnrelatedBusinessTaxblIncmAmt
Exclusion	$12,796,945	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$13,259,251	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Contributor Person	STANLEY JUDITH FRANKEL	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	2301 W BIG BEAVER SUITE 900	AddressLine1Txt
City	TROY	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48084	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$73,237	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Amt	$12,760	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
UBS SECURITIES - DE 11925	$38,442,417	$50,326,026
1ST MANHATTAN CO. #006600	$8,536,579	$13,091,111
UBS SECURITIES - DE 3760	$60,752,505	$79,942,366
AZIMUTH CAPITAL #35388	$9,030,852	$12,047,151
AZIMUTH CAPITAL #35415	$5,114,514	$5,979,501
1ST MANHATTAN CO. #009265	$5,327,112	$5,342,951

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	EQUITY INVESTMENTS	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$55,303,345	BookValueAmt
EOYFMV	$84,853,502	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	NONDEDUCTIBLE EXPENSES FROM PASSTHROUGH PARTNERSHIPS	Desc
Amt	$250	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ANNUAL REPORT	$20	$0	$0
INVESTMENT & ADVISORY FEES	$686,904	$686,904	$0
OFFICE EXPENSE	$454	$0	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (10 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
AMERICAN SECURITIES PTRS IV	-$3,336	-$3,336	-$3,336
ASP IV ALTERNATIVE INVESTMENTS LP	-$209	-$209	-$209
STYX INTERNATIONAL FUND	$27,137	$27,137	$27,137
CERBERUS INTERNATIONAL LTD	$267,453	$267,453	$267,453
MISCELLANEOUS	$747	$747	$747
BROAD PINE LIBERTY INVESTOR FUND LP	$2,094	$2,094	$2,094
MILLENNIUM USA LP - K-1	-$108,371	-$108,371	-$108,371
MILLENNIUM USA LP	-$885,774	-$1,422,425	-$885,774
ABRAMS CAPITAL I, LP	-$132,441	-$95,929	-$132,441
ABRAMS CAPITAL II, LP	-$117,699	-$79,866	-$117,699

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	BOOK/TAX DIFFERENCE FROM PASSTHROUGH PARTNERSHIPS	Desc
Amt	$697,628	Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAX	$4,589	$4,589	$0
FEDERAL EXCISE TAX	$369,842	$0	$0
FEDERAL BUSINESS TAX	$152,356	$0	$0