CHARLES COHN FOUNDATION INC: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: CHARLES COHN FOUNDATION INC (EIN 13-6129449)
Tax period: 2015-12-01 to 2016-11-30
Filed: 2017-03-01
IRS object ID: 201710609349100011
Schema version: 2015v3.0
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
Accounting Fees Schedule
Depreciation Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Land Etc Schedule2
Legal Fees Schedule
Other Assets Schedule
Other Expenses Schedule
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-03-01T18:13:22-06:00	ReturnTs
Tax Period End	2016-11-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	112774468	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SHENKER ZACARESE & MARKS LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	53 NORTH PARK AVE	AddressLine1Txt
City	ROCKVILLE CENTRE	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11570	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2015-12-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	136129449	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE CHARLES COHN FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CHAR	BusinessNameControlTxt
Phone	5167633100	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	C/O M COHN 53 NORTH PARK AVE NO 302	AddressLine1Txt
City	ROCKVILLE CENTRE	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11570	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARC S COHN	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	5167633100	PhoneNum
Signature	2017-02-07	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LOUIS ZACARESE	PreparerPersonNm
PTIN	P00451421	PTIN
Phone	5165367100	PhoneNum
Preparation	2017-02-07	PreparationDt

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$6,646,192	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$75	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$75	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$199,690	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$199,690	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$7,320	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$2,774,453	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$7,320	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$207,085	TotalRevAndExpnssAmt
Total Net Invst Incm	$207,085	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	$24,500	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$24,500	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$4,850	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$4,850	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$5,000	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$0	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$5,000	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$18,438	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$9,351	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$1,138	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$0	DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss	$6,961	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$6,960	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$60,887	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$50,661	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$225,250	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$225,250	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$286,137	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$275,911	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$79,052	ExcessRevenueOverExpensesAmt
Net Investment Income	$207,085	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$16,276	CashBOYAmt
Cash EOY	$6,277	CashEOYAmt
Cash EOYFMV	$6,277	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$1,584,605	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$473,150	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$473,150	SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY	$0	CorporateStockBOYAmt
Corporate Stock EOY	$1,128,602	CorporateStockEOYAmt
Corporate Stock EOYFMV	$1,128,602	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$4,118,359	CorporateBondsBOYAmt
Corporate Bonds EOY	$4,118,921	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$4,118,921	CorporateBondsEOYFMVAmt
Other Investments BOY	$378,514	OtherInvestmentsBOYAmt
Other Investments EOY	$373,952	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$373,952	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$604,025	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$8,630	LandBldgEquipAccumDeprecAmt
Land BOY	$596,533	LandBOYAmt
Land EOY	$595,395	LandEOYAmt
Land EOYFMV	$501,195	LandEOYFMVAmt
Other Assets BOY	$52,587	OtherAssetsBOYAmt
Other Assets EOY	$44,095	OtherAssetsEOYAmt
Other Assets EOYFMV	$44,095	OtherAssetsEOYFMVAmt
Total Assets BOY	$6,746,874	TotalAssetsBOYAmt
Total Assets EOY	$6,740,392	TotalAssetsEOYAmt
Total Assets EOYFMV	$6,646,192	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$6,746,874	UnrestrictedBOYAmt
Unrestricted EOY	$6,740,392	UnrestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$6,746,874	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$6,740,392	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$6,746,874	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$6,740,392	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$6,746,874	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$79,052	ExcessRevenueOverExpensesAmt
Other Increases	$72,570	OtherIncreasesAmt
Subtotal	$6,740,392	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$6,740,392	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (21 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
GE 3.15% 9/7/22	P	2012-11-01	2016-05-02	$156,632	$155,237	$1,395	$1,395
CITIGROUP 6.625% 1/15/28	P	2012-12-03	2016-03-01	$245,225	$249,967	-$4,742	-$4,742
HOME DEPOT 2.7% 4/1/23	P	2013-05-01	2016-10-17	$153,172	$155,937	-$2,765	-$2,765
OCCIDENTAL 2.7% 2/15/23	P	2013-05-01	2016-09-01	$203,537	$207,396	-$3,859	-$3,859
IBM 3.625% 2/12/24	P	2014-03-03	2016-10-17	$107,012	$102,890	$4,122	$4,122
EXXON 3.176% 3/15/24	P	2014-04-01	2015-12-01	$101,716	$101,436	$280	$280
METLIFE 4.368% 9/15/23	P	2014-06-02	2016-06-01	$178,454	$181,393	-$2,939	-$2,939
METLIFE 4.368% 9/15/23	P	2014-06-02	2016-11-01	$109,190	$109,935	-$745	-$745
WELLS FARGO 4.1% 6/3/26	P	2014-12-12	2016-09-14	$105,037	$104,987	$50	$50
WELLS FARGO 4.1% 6/3/26	P	2015-03-02	2016-09-14	$262,593	$268,382	-$5,789	-$5,789
AMAZON.COM 4.8% 12/5/34	P	2015-04-01	2016-05-09	$167,984	$170,405	-$2,421	-$2,421
AMAZON.COM 4.8% 12/5/34	P	2015-04-01	2016-06-01	$55,933	$56,802	-$869	-$869
AMAZON.COM 4.8% 12/5/34	P	2015-05-01	2016-06-01	$55,933	$54,463	$1,470	$1,470
INTEL CORP 4% 12/15/33	P	2015-05-01	2016-09-01	$55,258	$51,977	$3,281	$3,281
INTEL CORP 4% 12/15/32	P	2015-06-01	2016-09-01	$165,773	$152,761	$13,012	$13,012
INTEL CORP 4% 12/15/32	P	2015-05-01	2016-04-01	$103,336	$103,955	-$619	-$619
QUALCOMM INC 4.65% 5/20/35	P	2015-07-01	2016-05-02	$139,827	$133,644	$6,183	$6,183
JOHNSON & JOHNSON 4.375% 12/5/33	P	2015-09-01	2016-04-01	$147,171	$143,745	$3,426	$3,426
ORACLE 3.9% 5/15/35	P	2015-10-01	2016-05-09	$100,032	$97,942	$2,090	$2,090
WELLS FARGO 4.3% 7/22/27	P	2016-05-12	2016-09-29	$160,618	$163,879	-$3,261	-$3,261
SELECT SECTOR SPDR - CASH IN LIEU	P	2016-09-22	2016-09-22	$20		$20	$20

Field	Value	IRS element (for citing)
Capital Gain Net Income	$7,320	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$213,751	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$4,916,034	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.043480	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$254,596	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$4,737,316	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.053743	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$239,622	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$4,880,326	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.049100	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$224,964	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$4,973,733	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.045230	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$239,880	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$4,718,047	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.050843	DistributionYr5Rt
Total Distribution	0.242396	TotalDistributionRt
Average Distribution	0.048479	AverageDistributionRt
Net Vl Noncharitable Assets	$6,251,713	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$303,077	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$2,071	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$305,148	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$275,911	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$4,142	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$4,142	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$4,142	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$7,440	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$7,440	TotalPaymentsAndCreditsAmt
Overpayment	$3,298	OverpaymentAmt
Applied To ES Tax	$3,298	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	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	NY	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

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	THE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	5167633100	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	C/O M COHN 53 NORTH PARK AVE NO 302	AddressLine1Txt
City	ROCKVILLE CENTRE	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11570	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 (3 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	Address Line2USAddress/AddressLine2Txt
MARC S COHN
53 NORTH PARK AVENUE - SUITE 302	ROCKVILLE CENTRE	NY	11570	PRESIDENT	2.00	$0	$0	$0
ELLEN MENSCHER
C/O MARC S COHN 53 NORTH PARK	ROCKVILLE CENTRE	NY	11570	VICE PRESIDENT	0.00	$0	$0	$0	AVENUE - SUITE 302
DANIEL COHN
C/O MARC S COHN 53 NORTH PARK	ROCKVILLE CENTRE	NY	11570	VP & TREASURER	0.00	$0	$0	$0	AVENUE - SUITE 302

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	$5,528,924	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$775,302	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$42,691	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$6,346,917	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$6,346,917	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$95,204	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$6,251,713	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$312,586	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$312,586	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$4,142	TaxBasedOnInvestmentIncomeAmt
Total Tax	$4,142	TotalTaxAmt
Distributable Before Adj	$308,444	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$308,444	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$308,444	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$275,911	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$275,911	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$275,911	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$308,444	DistributableAsAdjustedAmt
Undistributed Income PY	$240,909	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$275,911	QualifyingDistributionsAmt
Applied To Year1	$240,909	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$35,002	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$273,442	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	MARC S COHN	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (60 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
AMARYLLIS FARM EQUINE RESCUE INC
44 LITTLE FRESH POND RO	SOUTHAMPTON	NY	11968	NONE	PUBLIC CHARITY	ANIMAL WELFARE	$1,000
AMERICAN CANCER SOCIETY
250 WILLIAMS STREET	ATLANTA	GA	30303	NONE	PUBLIC CHARITY	MEDICAL RESEARCH	$1,000
BELMONT CHILD CARE ASSOCIATION INC
2150 HEMPSTEAD TPKE	ELMONT	NY	11003	NONE	PUBLIC CHARITY	PROVIDE DAY CARE FOR EMPLOYEES OF BELMONT RACE TRACK	$1,000
BIG BROTHERS AND SISTERS OF BOSTON
75 FEDERAL STREET 8TH FLOOR	BOSTON	MA	02110	NONE	PUBLIC CHARITY	YOUTH EDUCATION AND ATHLETICS	$2,000
BIZREAL
28 PARK AVE	AIRMONT	NY	10952	NONE	PUBLIC CHARITY	JEWISH EDUCATION	$5,000
BLOWING ROCK CHARITY HORSE SHOW FOUNDATION
PO BOX 650	BLOWING ROCK	NC	28605	NONE	PUBLIC CHARITY	ANNUAL HORSE SHOW & EDUCATION	$1,500
BRANDYWINE VALLEY SUMMER SERIES
340 E HILLENDALE RD	KENNETT SQUARE	PA	19348	NONE	PUBLIC CHARITY	FUNDRAISING FOR HORSE SHOWS	$5,000
BROOKVILLE PARK TRANSITION
18 HORSE HILL ROAD	BROOKVILLE	NY	11545	NONE	PUBLIC CHARITY	CULTURAL	$250
CAMP HORSEABILITY INC
PO BOX 410-1	OLD WESTBURY	NY	11568	NONE	PUBLIC CHARITY	PROVIDES THERAPEUTIC HORSEBACK RIDING	$1,000
CARIDAD CENTER
8645 W BOYNTON BEACH BLVD	BOYNTON BEACH	FL	33472	NONE	PUBLIC CHARITY	SUPPORTS UNDER SERVED CHILDREN AND FAMILIES	$2,500
CITYMEALS-ON-WHEELS
355 LEXINGTON AVE	NEW YORK	NY	10017	NONE	PUBLIC CHARITY	PROVIDES FOOD TO PEOPLE IN NEED	$1,000
COVE ANIMAL RESCUE CORPORATION
40 SHORE ROAD	GLEN COVE	NY	11542	NONE	PUBLIC CHARITY	ANIMAL WELFARE	$1,000
CROHN'S & COLITIS FOUNDATION OF AMERICA
386 PARK AVE SOUTH 17TH FLOOR	NEW YORK	NY	10016	NONE	PUBLIC CHARITY	MEDICAL RESEARCH	$1,000
CURE DYSTONIA NOW INC
PO BOX 9040	FARMINGDALE	NY	11735	NONE	PUBLIC CHARITY	MEDICAL RESEARCH	$1,000
DANNY & RON'S RESCUE
PO BOX 604	CAMDEN	SC	29021	NONE	PUBLIC CHARITY	ANIMAL WELFARE	$2,000
EASTERN NYS SOCCER ASSOC
53 NORTH PARK AVE SUITE 207	ROCKVILLE CENTRE	NY	11570	NONE	PUBLIC CHARITY	PROMOTE AND ENHANCE THE GAME OF SOCCER FOR YOUTHS	$10,000
EQUESTRIAN AIDS FOUNDATION INC
11924 W FOREST HILL BLVD SUITE	WELLINGTON	FL	33414	NONE	PUBLIC CHARITY	ANIMAL WELFARE	$15,000	22-377
FOR CHILDREN WORLD WIDE INC
530 1ST AVE SUITE 9V	NEW YORK	NY	10016	NONE	PUBLIC CHARITY	SUPPORTS FAMILIES IN CRISIS	$18,500
FRIENDS OF TRANQUILITY CAMP
PO BOX 378	WOODMERE	NY	11598	NONE	PUBLIC CHARITY	YOUTH EDUCATION ATHLETICS	$3,000
GREATER LONG ISLAND RUNNING CLUB
101 DUPONT ST	PLAINVIEW	NY	11803	NONE	PUBLIC CHARITY	ATHLETIC	$2,000
HELP USA
5 HANOVER SQUARE FLOOR 17	NEW YORK	NY	10004	NONE	PUBLIC CHARITY	PROVIDES HOUSING AND SOCIAL SERVICES TO THE NEEDY	$2,500
HUMANE EQUINE AID & RAPID TRANSPORT INC
179 ACORN HILL DR	MADISON	VA	22727	NONE	PUBLIC CHARITY	PROVIDES HUMANE TRANSPORT FOR INJURED OR INCAPACITATED EQUINES	$5,000
KENTUCKY HORSE PARK FOUNDATION
4089 IRON WORKS PARKWAY	LEXINGTON	KY	40511	NONE	PUBLIC CHARITY	ENHANCING, EXPANDING, & IMPROVING THE KENTUCKY HORSE PARK	$1,000
MIDDLEBURG CLASSIC HORSE SHOW INC
781 LEDFORD LANE	SMITHFIELD	VA	23430	NONE	PUBLIC CHARITY	ANIMAL WELFARE	$1,500
MIXED BREEDS IN NEED
339 MILL RIVER ROAD	OYSTER BAY	NY	11771	NONE	PUBLIC CHARITY	ANIMAL WELFARE	$1,500
NATIONAL SPORTING LIBRARY INC
PO BOX 1335	MIDDLEBURG	VA	20118	NONE	PUBLIC CHARITY	CULTURAL - HORSE AND FIELD SPORTS	$1,000
OLD FIELD FARM LTD
PO BOX 598	STONYBROOK	NY	11790	NONE	PUBLIC CHARITY	CULTURAL	$3,000
OLD GLORY LEGACY FOUNDATION
27323 HAROLD MORRIS RD	WAGRAM	NC	28396	NONE	PUBLIC CHARITY	HELP FOR MILITARY FAMILIES	$1,000
PLAY FOR PINK
3370 GRAND CORNICHE	PALM BEACH GARDENS	FL	33410	NONE	PUBLIC CHARITY	CANCER RESEARCH	$1,000
RACE TRACK CHAPLAINCY OF AMERICA
2365 HARRODSBURG RD A120	LEXINGTON	KY	40504	NONE	PUBLIC CHARITY	RELIGIOUS	$1,000
SKIDMORE COLLEGE SARATOGA
815 N BROADWAY	SARATOGA SPRINGS	NY	12866	NONE	PUBLIC CHARITY	EDUCATIONAL	$1,000
ST LUKE FOUNDATION FOR HAITI
58 LYNN RD	IVORYTON	CT	06442	NONE	PUBLIC CHARITY	PROVIDES EDUCATION AND MEDICAL CARE	$500
STEPHEN GAYNOR SCHOOL
22 WEST 74TH STREET	NEW YORK	NY	10023	NONE	PUBLIC CHARITY	EDUCATION FOR CHILDREN WITH LEARNING DISABILITIES	$5,000
TISCH MULTIPLE SCLEROSIS RESEARCH CENTER OF NY
521 WEST 57TH STREET 4TH FLOOR	NEW YORK	NY	10019	NONE	PUBLIC CHARITY	MEDICAL RESEARCH	$2,500
TRANQUILITY CAMP INC
170 TRANQUILITY ROAD	EARLTON	NY	12058	NONE	PUBLIC CHARITY	YOUTH EDUCATION AND ATHLETICS;LISTTOTAL 58397	$48,000
USHJA
3870 CIGAR LANE	LEXINGTON	KY	40511	NONE	PUBLIC CHARITY	ADVANCE AND PROMOTE HUNTER AND JUMPER DISCIPLINES	$7,750
WALL STREET SYNAGOGUE
47 BEEKMAN STREET	NEW YORK	NY	10038	NONE	PUBLIC CHARITY	JEWISH EDUCATION	$1,000
WASHINGTON INTERNATIONAL HORSE SHOW
3299 K STREET NW 600	WASHINGTON DC	DC	20007	NONE	PUBLIC CHARITY	PROMOTE A GREATER INTEREST IN AND EDUCATION OF ALL THINGS EQUESTRIAN	$2,500
WEILL CORNELL MEDICAL COLLEGE
1300 YORK AVE BX 314	NEW YORK	NY	10065	NONE	PUBLIC CHARITY	MEDICAL RESEARCH	$20,000
WHISKERS INC
PO BOX 11190	ALBANY	NY	12211	NONE	PUBLIC CHARITY	ANIMAL WELFARE	$5,000
YORKIE 911 RESCUE INC
212 E 4TH STREET	DEER PARK	NY	11729	NONE	PUBLIC CHARITY	ANIMAL WELFARE	$2,000
AMERICAN KENNEL CLUB CANINE HEALTH FOUNDATION
8051 ARCO CORPORATE DRIVE SUITE 300	RALEIGH	NC	27617	NONE	PUBLIC CHARITY	ANIMAL WELFARE	$250
AUCTION HORSES RESCUE
18034 VENTURA BLVD STE 291	ENCION	CA	91316	NONE	PUBLIC CHARITY	ANIMAL WELFARE	$5,000
BACKSTRETCH EMPLOYEE SERVICE TEAM OF NY
2150 HEMPSTEAD TPKE	ELMONT	NY	11003	NONE	PUBLIC CHARITY	HEALTHCARE AND ASSISTANCE TO NEEDY BACKSTRETCH EMPLOYEES OF AQUEDUCT, BELMONT, AND SARATOGA	$500
BUFFALO THERAPEUTIC RIDING CENTER
950 AMHERST ST	BUFFALO	NY	14216	NONE	PUBLIC CHARITY	THERAPEUTIC HORSEBACK RIDING TO CHILDREN	$1,000
CARING HEARTS FOR CANINES
145 WIREGRASS LANE	SOUTHERN PINES	NC	28387	NONE	PUBLIC CHARITY	ANIMAL WELFARE	$1,000
CHILDRENS HEALTHCARE OF ATLANTA
1587 NORTHEAST EXPY NE	BROOKHAVEN	GA	30329	NONE	PUBLIC CHARITY	CHILDREN HEALTHCARE	$1,000
IONA COLLEGE
715 N AVE MCSPEDON HALL 2ND FLOOR	NEW ROCHELLE	NY	10801	NONE	PUBLIC CHARITY	EDUCATIONAL	$5,000
JCC ON THE PALISADES
411 E CLINTON AVE	TENAFLY	NJ	07670	NONE	PUBLIC CHARITY	JEWISH EDUCATION	$5,500
JDRF
26 BROADWAY 14TH FLOOR	NEW YORK	NY	10004	NONE	PUBLIC CHARITY	MEDICAL RESEARCH	$500
NATIONWIDE CHILDRENS HOSPITAL
700 CHILDRENS DR	COLUMBUS	OH	43205	NONE	PUBLIC CHARITY	MEDICAL RESEARCH	$2,000
PEEPS FOUNDATION INC
6418 EMERALD DUNES DR APT 203	WEST PALM BEACH	FL	33411	NONE	PUBLIC CHARITY	ANIMAL WELFARE	$2,000
ROCKVILLE CENTRE GUILD FOR THE ARTS
PO BOX 950	ROCKVILLE CENTRE	NY	11571	NONE	PUBLIC CHARITY	CULTURAL	$2,500
SPECIAL OLYMPICS OF NY INC
504 BALLTOWN RD	SCHENECTADY	NY	12304	NONE	PUBLIC CHARITY	ATHLETIC INSTRUCTION AND COMPETITION FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES	$250
ST JUDE'S CHILDRENS HOSPITAL
262 DANNY THOMAS PLACE MS512	MEMPHIS	TN	38105	NONE	PUBLIC CHARITY	MEDICAL RESEARCH	$1,000
SUNRISE DAY CAMPS ASSOCIATION INC
15 NEIL CT	OCEANSIDE	NY	11572	NONE	PUBLIC CHARITY	CHILDREN DAY CARE	$1,000
THE JCC IN MANHATTAN INC
334 AMSTERDAM AVE	NEW YORK	NY	10023	NONE	PUBLIC CHARITY	JEWISH EDUCATION	$5,000
THE METROPOLITAN MUSEUM OF ART
1000 FIFTH AVE	NEW YORK	NY	10028	NONE	PUBLIC CHARITY	CULTURAL	$1,000
THE NATIONAL ALLIANCE ON MENTAL ILLNESS
3803 N FAIRFAX DR SUITE 100	ARLINGTON	VA	22203	NONE	PUBLIC CHARITY	MEDICAL RESEARCH	$2,000
UNITED SERVICE ORGANIZATIONS INC
2111 WILSON BLVD SUITE 1200	ARLINGTON	VA	22201	NONE	PUBLIC CHARITY	LIFTS THE SPIRITS OF AMERICA'S TROOPS AND THEIR FAMILIES	$250

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$225,250	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	08	ExclusionCd
Exclusion	$75	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$199,690	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$7,320	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$207,085	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$207,085	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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$4,850	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$4,850	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (3 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	Cost Or Other BasisCostOrOtherBasisAmt	Prior Year DepreciationPriorYearDepreciationAmt	Computation MethodComputationMethodTxt	LifeLifeRt	Current Year ExpenseCurrentYearExpenseAmt	Net Investment IncomeNetInvestmentIncomeAmt
BUILDING	2009-05-01	$31,294	$7,492	SL	27.500000000000	$1,138	$0
LAND - SUGAR AND SPICE LLC		$154,200		L		$0	$0
LAND - SANDP LLC		$418,531		L		$0	$0

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	SEE ATTACHED SCHEDULE	BondNm
EOY Book Value	$4,118,921	EOYBookValueAmt
EOYFMV	$4,118,921	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	SEE ATTACHED SCHEDULE	StockNm
EOY Book Value	$1,128,602	EOYBookValueAmt
EOYFMV	$1,128,602	EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	SEE ATTACHED SCHEDULE	CategoryOrItemTxt
Listed At Cost Or FMV	FMV	ListedAtCostOrFMVCd
Book Value	$373,952	BookValueAmt
EOYFMV	$373,952	EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (3 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt
BUILDING	$31,294	$8,630	$22,664
LAND - SUGAR AND SPICE LLC	$154,200	$0	$154,200
LAND - SANDP LLC	$418,531	$0	$418,531

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$24,500	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$24,500	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	INTEREST RECEIVABLE	Desc
BOY Book Value	$52,587	BOYBookValueAmt
EOY Book Value	$44,095	EOYBookValueAmt
EOYFMV	$44,095	EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
PUBLICATION NOTICE	$150	$0	$150
INSURANCE	$4,071	$0	$4,071
UTILITIES	$869	$0	$869
LLC FILING FEE	$50	$0	$50
REPAIRS & MAINTENANCE	$1,412	$0	$1,412
MISCELLANEOUS	$409	$0	$408

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED GAIN	Desc
Amt	$72,570	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	CONSULTING FEES	CategoryTxt
Amt	$5,000	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$5,000	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
REAL ESTATE TAXES	$9,101	$0	$9,101
NYS CHAR500 TAX	$250	$0	$250
FEDERAL INVESTMENT INCOME SEC 4940 TAX	$9,087	$0	$0