THE SAMUEL AND JEAN FRANKEL JEWISH HERITAGE FOUNDATION: Form 990PF, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: THE SAMUEL AND JEAN FRANKEL JEWISH HERITAGE FOUNDATION (EIN 30-0095016)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-11-01
IRS object ID: 201813059349100401
Schema version: 2017v2.3
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
Legal Fees Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-11-01T07:46:24-05:00	ReturnTs
Tax Period End	2017-12-31	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	2017-01-01	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	2018-10-24	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	2018-10-23	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	2018-10-24	IPDt
IP Tm	14:35:03	IPTm
IP Timezone	ED	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	2B96126898315253DF918ECB2537D1E384A9E1B2	AtSubmissionCreationDeviceId
At Submission Filing Device Id	0897F8819F5D6BD518FCF75FB856F68E40A94D75	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$308,381,045	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	$200,000	ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss	$4,794,057	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$4,774,447	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$4,832,484	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$32,612,798	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$8,795,934	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$1,549,787	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$1,644,334	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$11,376,328	TotalRevAndExpnssAmt
Total Net Invst Incm	$15,214,715	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
Legal Fees Rev And Expnss	$13,076	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$0	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$13,210	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$440,489	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$17,966	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$9,157	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$0	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$688,717	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$688,639	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,164,649	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$706,605	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$21,013,194	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$21,013,194	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$22,177,843	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$706,605	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$21,013,194	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$10,801,515	ExcessRevenueOverExpensesAmt
Net Investment Income	$14,508,110	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$499,600	CashBOYAmt
Cash EOY	$5,162	CashEOYAmt
Cash EOYFMV	$5,162	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$56,225,306	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$42,924,328	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$42,924,328	SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl	$57,941	AcctRcvblAmt
Acct Rcvbl BOY	$1,442	AcctRcvblBOYAmt
Acct Rcvbl EOY	$57,941	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$57,941	AcctRcvblEOYFMVAmt
Corporate Stock BOY	$124,790,217	CorporateStockBOYAmt
Corporate Stock EOY	$128,090,925	CorporateStockEOYAmt
Corporate Stock EOYFMV	$177,946,982	CorporateStockEOYFMVAmt
Other Investments BOY	$53,175,373	OtherInvestmentsBOYAmt
Other Investments EOY	$52,187,907	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$87,446,632	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$234,691,938	TotalAssetsBOYAmt
Total Assets EOY	$223,266,263	TotalAssetsEOYAmt
Total Assets EOYFMV	$308,381,045	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	$234,691,938	RetainedEarningBOYAmt
Retained Earning EOY	$223,266,263	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$234,691,938	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$223,266,263	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$234,691,938	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$223,266,263	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$234,691,938	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$10,801,515	ExcessRevenueOverExpensesAmt
Other Increases	$68	OtherIncreasesAmt
Subtotal	$223,890,491	SubtotalAmt
Other Decreases	$624,228	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$223,266,263	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (49 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	Gross Sales PriceGrossSalesPriceAmt
ASP IV ALTERNATIVE INVESTMENTS LP - K-1	P	$1,173	-$1,173	-$1,173
MLLENNIUM USA LP - K-1	P		$22,632	$22,632	$22,632
ABRAMS CAPITAL PARTNERS I. LP - K-1	P		$413,721	$413,721	$413,721
ABRAMS CAPITAL PARTNERS II. LP - K-1	P		$485,840	$485,840	$485,840
PUBLIC TRADED SECURITIES UBS #11925	P	$8,283,780	$2,601,253	$2,601,253	$10,885,033
PUBLIC TRADED SECURITIES AZIMUTH #35415	P	$1,406,813	$6,399	$6,399	$1,413,212
PUBLIC TRADED SECURITIES 1ST MANHATTAN #006600	P	$869,861	$535,765	$535,765	$1,405,626
31600 SHS ALTRIA GROUP	D	$910,001	$1,057,686	$1,057,686	$1,967,687
21000 SHS CVS HEALTH CORP	D	$1,012,888	$687,655	$687,655	$1,700,543
17300 SHS GENERAL MILLS	D	$846,813	$142,033	$142,033	$988,846
11000 SHS ISHARE US TELE COMMUNICATION	D	$284,235	$74,687	$74,687	$358,922
14500 SHS KIMBERLY CLARK CORP	D	$1,016,934	$609,798	$609,798	$1,626,732
8000 SHS UNITED PARCEL SERVICE	D	$874,797	$29,182	$29,182	$903,979
14000 SHS VERIZON COMMUNICATION	D	$452,948	$206,974	$206,974	$659,922
33400 SHS WELLS FARGO	D	$1,108,880	$696,682	$696,682	$1,805,562
PUBLIC TRADED SECURITIES UBS #37630	P	$4,526,100	$612,540	$612,540	$5,138,640
925 SHS A.O. SMITH	D	$27,305	$16,925	$16,925	$44,230
350 SHS BECTON DICKINSON & CO	D	$35,038	$23,820	$23,820	$58,858
150 SHS ULTIMATE SOFTWARE GROUP INC	D	$30,570	-$2,134	-$2,134	$28,436
825 SHS WEC ENERGY GROUP, INC.	D	$39,217	$8,952	$8,952	$48,169
525 SHS ACCENTURE PLC	D	$52,733	$8,629	$8,629	$61,362
180 SHS ACUITY BRANDS, INC	D	$34,863	$3,261	$3,261	$38,124
70 SHS ACUITY BRANDS, INC	D	$7,560	$4,729	$4,729	$12,289
450 SHS OMNICELL INC	D	$15,181	$2,696	$2,696	$17,877
1975 SHS GENERAL ELECTRIC CO	D	$44,879	$10,455	$10,455	$55,334
100 SHS O'REILLY AUTOMOTIVE, INC.	D	$6,650	$18,004	$18,004	$24,654
160 SHS ALLERGAN PLC	D	$23,042	$13,470	$13,470	$36,512
2000 SHS CISCO SYSYTEMS INC	D	$57,846	$5,782	$5,782	$63,628
1750 SHS HORMEL FOODS COIRP	D	$18,065	$41,268	$41,268	$59,333
200 SHS O'REILLY AUTOMOTIVE, INC.	D	$13,299	$34,768	$34,768	$48,067
1650 SHS ROSS STORES INC	D	$62,178	$33,693	$33,693	$95,871
575 SHS UNITEDHEALTH GROUP INC	D	$40,419	$66,162	$66,162	$106,581
650 SHS VERISK ANALYTICS INC	D	$47,864	$4,816	$4,816	$52,680
100 SHS EDWARDS LIFESCIENCES CORP	D	$6,214	$5,215	$5,215	$11,429
800 SHS STARBUCKS CORP	D	$31,966	$11,011	$11,011	$42,977
50 SHS ULTIMATE SOFTWARE GROUP INC	D	$10,190	-$695	-$695	$9,495
1150 SHS VERIZON COMMUNICATIONS	D	$46,307	$9,049	$9,049	$55,356
90 SHS DOLLAR TREE INC	D	$3,525	$3,974	$3,974	$7,499
255 SHS FACEBOOK INC	D	$21,398	$19,311	$19,311	$40,709
100 SHS ULTA BEAUTY, INC	D	$16,133	$6,041	$6,041	$22,174
225 SHS HENRY SCHEIN INC	D	$14,110	$24,450	$24,450	$38,560
825 SHS MICROSOFT CORP	D	$21,300	$39,842	$39,842	$61,142
650 SHS SPS COMM INC	D	$45,082	-$8,925	-$8,925	$36,157
15 SHS ALPHABET INC	D	$9,881	$4,963	$4,963	$14,844
1775 SHS BANKUNITED INC	D	$63,729	-$5,585	-$5,585	$58,144
1775 SHS COMCAST	D	$35,350	$27,182	$27,182	$62,532
600 SHS HENRY SCHEIN INC	D	$18,641	$21,593	$21,593	$40,234
PUBLIC TRADED SECURITIES AZIMUTH #35388	P	$1,321,106	$152,230	$152,230	$1,473,336
CAPITAL GAINS DIVIDENDS	P		$9,308	$9,308	$9,308

Field	Value	IRS element (for citing)
Capital Gain Net Income	$8,795,934	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$17,226,093	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$279,070,799	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.061727	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$7,959,629	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$145,319,340	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.054773	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$8,982,030	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$147,589,660	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.060858	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$10,603,288	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$140,043,470	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.075714	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$13,832,745	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$135,067,500	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.102414	DistributionYr5Rt
Total Distribution	0.355486	TotalDistributionRt
Average Distribution	0.071097	AverageDistributionRt
Net Vl Noncharitable Assets	$295,296,500	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$20,994,695	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$145,081	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$21,139,776	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$21,013,194	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$290,162	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$290,162	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$290,162	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$284,000	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$50,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$334,000	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$3,280	EsPenaltyAmt
Overpayment	$40,558	OverpaymentAmt
Applied To ES Tax	$40,558	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

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	$257,264,187	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$42,529,214	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$299,793,401	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$299,793,401	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$4,496,901	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$295,296,500	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$14,764,825	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$14,764,825	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$290,162	TaxBasedOnInvestmentIncomeAmt
Income Tax	$92,451	IncomeTaxAmt
Total Tax	$382,613	TotalTaxAmt
Distributable Before Adj	$14,382,212	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$14,382,212	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$14,382,212	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$21,013,194	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$21,013,194	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$21,013,194	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$14,382,212	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$7,184,286	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$3,658,346	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$1,780,143	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$884,595	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$3,577,653	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$17,085,023	TotalExcessDistributionCyovAmt
Qualifying Distributions	$21,013,194	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$14,382,212	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$6,630,982	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$23,716,005	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	$7,184,286	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$16,531,719	ExcessDistriCyovToNextYrAmt
Excess From Year4	$3,658,346	ExcessFromYear4Amt
Excess From Year3	$1,780,143	ExcessFromYear3Amt
Excess From Year2	$884,595	ExcessFromYear2Amt
Excess From Year1	$3,577,653	ExcessFromYear1Amt
Excess From Current Year	$6,630,982	ExcessFromCurrentYearAmt

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 (26 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	$3,550
AMERICAN ISRAEL EDUCATION FUND
2301 W BIG BEAVER FLR 5	TROY	MI	48084	NONE	PRIVATE FOUNDATION	EDUCATIONAL	$530,000
CENTER FOR KEHIILA GROWTH
2301 W BIG BEAVER FLR 5	TROY	MI	48084	NONE	PUBLIC CHARITY	EDUCATIONAL	$1,646,667
COUNCIL OF ORTHODOX RABBIS
6600 WEST MAPLE	WEST BLOOMFIELD	MI	48322	NONE	PUBLIC CHARITY	RELIGIOUS	$70,000
FRESH AIR SOCIETY
6735 TELEGRAPH	BLOOMFIELD HILLS	MI	48301	NONE	PUBLIC CHARITY	EDUCATIONAL	$387,855
HILLEL DAY SCHOOL OF METRO DETROIT
32200 MIDDLEBELT	FARMINGTON HILLS	MI	48334	NONE	PUBLIC CHARITY	RELIGIOUS AND EDUCATIONAL	$68,939
HILLEL OF METRO DETROIT
5521 GOLLEN MALL	DETROIT	MI	48202	NONE	PUBLIC CHARITY	RELIGIOUS AND EDUCATIONAL	$5,000
JEWISH COMMUNITY CENTER
6600 WEST MAPLE	WEST BLOOMFIELD	MI	48322	NONE	PUBLIC CHARITY	SUMMER CAMP PROGRAM/YOUTH PROGRAMS	$201,000
JEWISH COMMUNITY FOUNDATION SAN DIEGO
4950 MURPHY CANYON ROAD	SAN DIEGO	CA	92123	NONE	PUBLIC CHARITY	THE SHABBOT PROJECT	$350,000
JEWISH FEDERATION OF METRO DETROIT
6710 WEST MAPLE ROAD	BLOOMFIELD HILLS	MI	48301	NONE	PUBLIC CHARITY	ISRAEL YOUTH TRAVEL FUND	$175,000
JEWISH FUTURES FOUNDATION
1979 E 9TH STREET	BROOKLYN	NY	11223	NONE	PUBLIC CHARITY	SCHOLARSHIPS	$36,000
JEWISH SENIOR LIVING OF METRO DETROIT
6711 WEST MAPLE ROAD	WEST BLOOMFIELD	MI	48322	NONE	PUBLIC CHARITY	DISCRETIONARYDISCREATIONARY	$1,000
JEWISH THEOLOGICAL SEMINARY
3080 BROADWAY	NEW YORK	NY	10027	NONE	PUBLIC CHARITY	RELIGIOUS AND EDUCATIONAL	$10,000
MESORAH HERITAGE FOUNDATION
4401 SECOND AVENUE	BROOKLYN	NY	11232	NONE	PUBLIC CHARITY	RELIGIOUS	$1,250,000
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	$24,000
NSCJ
1120 20TH STREET NW	WASHINGTON	DC	20036	NONE	PUBLIC CHARITY	EDUCATIONAL/RELIGIOUS	$10,000
UNIVERSITY OF MICHIGAN
YIDDISH PROGRAM	ANN ARBOR	MI	48104	NONE	PUBLIC CHARITY	EDUCATIONAL	$250,000
UNIVERSITY OF MICHIGAN HILLEL
1429 HILL STREET	ANN ARBOR	MI	48104	NONE	PUBLIC CHARITY	EDUCATIONAL	$25,000
V HECHZAKTA BO
220 W CONGRESS SUITE 500	DETROIT	MI	48226	NONE	PUBLIC CHARITY	EDUCATIONAL	$430,000
YAD EZRA
2850 11 MILE ROAD	BERKLEY	MI	48072	NONE	PUBLIC CHARITY	FOOD BANK	$145,000
YASHIVA HAKAYITZ OF DETROIT
15742 FAIRFAX	SOUTHFIELD	MI	48075	NONE	PUBLIC CHARITY	RELIGIOUS	$86,665
YESHIVA BETH YEHUDAH
15751 LINCOLN DRIVE	SOUTHFIELD	MI	48076	NONE	PUBLIC CHARITY	RELIGIOUS	$14,405,638
YIDDISH BOOK CENTER
1021 WEST AMHERST STREET	AMHERST	MA	01002	NONE	PUBLIC CHARITY	EDUCATIONAL	$1,000
JEWISH HOSPICE & CHAPLAINCY NETWORK
6555 WEST MAPLE ROAD	WEST BLOOMFIELD	MI	48322	NONE	PUBLIC CHARITY	RELIGIOUS	$25,000
TALI FRANKEL ELEMENTARY SCHOOL
				NONE	PUBLIC CHARITY	EDUCATIONAL/GENERAL	$725,880	HA-PRAKHIM	RANANA	RAANANA	IS

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$21,013,194	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	$4,794,057	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,644,334	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$4,832,484	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDesc	Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt
ABRAMS CAPITAL PARTNERS I	-$52,548
ABRAMS CAPITAL PARTNERS II	-$41,999

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	-$94,547	UnrelatedBusinessTaxblIncmAmt
Exclusion	$11,270,875	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$11,176,328	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 (2 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd
GARY TORGOW
1	14661 LUDLOW STREET	OAK PARK	MI	48237	$100,000	Yes (X)
DAVID PROVOST
2	952 BROOKWOOD STREET	BIRMINGHAM	MI	48009	$100,000	Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Amt	$13,210	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	$38,211,834	$58,436,149
1ST MANHATTAN CO. #006600	$8,761,973	$14,634,393
UBS SECURITIES - DE 3760	$63,074,747	$83,161,190
AZIMUTH CAPITAL #35388	$8,103,538	$10,699,955
AZIMUTH CAPITAL #35415	$4,779,907	$5,829,026
1ST MANHATTAN CO. #009265	$5,158,926	$5,186,269

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	$52,187,907	BookValueAmt
EOYFMV	$87,446,632	EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Legal Fees	$13,076	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	BOOK/TAX DIFFERENCE FROM PASSTHROUGH PARTNERSHIPS	Desc
Amt	$624,228	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	$688,639	$688,639	$0
OFFICE EXPENSE	$58	$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	-$1,098	-$1,098	-$1,098
ASP IV ALTERNATIVE INVESTMENTS LP	-$149	-$149	-$149
STYX INTERNATIONAL FUND	$355,831	$355,831	$355,831
CERBERUS INTERNATIONAL LTD	$275,772	$275,772	$275,772
MISCELLANEOUS	$5,324	$5,324	$5,324
CATHY CAPITAL HOLDINGS II, LP	$254,545	$254,545	$254,545
BROAD PINE LIBERTY INVESTOR FUND LP	$57,219	$57,219	$57,219
MILLENNIUM USA LP - K-1	$696,890	$696,890	$696,890
ABRAMS CAPITAL PARTNERS I	-$52,548	$0	-$52,548
ABRAMS CAPITAL PARTNERS II	-$41,999	$0	-$41,999

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	NONDEDUCTIBLE EXPENSES FROM PASSTHROUGH PARTNERSHIPS	Desc
Amt	$68	Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAX	$17,966	$17,966	$0
FEDERAL EXCISE TAX	$422,523	$0	$0