﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2015v2.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2016-11-07T10:19:50-06:00</ReturnTs>
    <TaxPeriodEndDt>2015-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>233060583</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>FISCHER CUNNANE &amp; ASSOCIATES LTD</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>11 TURNER LN</AddressLine1Txt>
        <CityNm>WEST CHESTER</CityNm>
        <StateAbbreviationCd>PA</StateAbbreviationCd>
        <ZIPCd>193804805</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2015-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>650754688</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>NEEDLES FAMILY FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>NEED</BusinessNameControlTxt>
      <USAddress>
        <AddressLine1Txt>10178 FRESH MEADOW LN</AddressLine1Txt>
        <CityNm>BOCA RATON</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>33498</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>RANDY NEEDLES</PersonNm>
      <PersonTitleTxt>TREASURER</PersonTitleTxt>
      <PhoneNum>2156356200</PhoneNum>
      <SignatureDt>2016-11-04</SignatureDt>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>RICHARD R STIEBRITZ JR CPA</PreparerPersonNm>
      <PTIN>P00840383</PTIN>
      <PhoneNum>6104311003</PhoneNum>
      <PreparationDt>2016-11-04</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2015</TaxYr>
    <BuildTS>2017-02-10 21:41:12Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="RetDoc1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>393734</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>16427</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>16427</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>16427</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt referenceDocumentId="RetDoc4">6139</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>115314</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>5347</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc6">3531</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>2806</OtherIncomeNetInvstIncmAmt>
        <OtherIncomeAdjNetIncmAmt>3531</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>26097</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>24580</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>19958</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>7500</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>7500</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstAdjNetIncmAmt>7500</CompOfcrDirTrstAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2">1081</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>1081</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>1081</AccountingFeesAdjNetIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc7">3087</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>3087</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesAdjNetIncmAmt>3087</OtherProfFeesAdjNetIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>11668</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>11668</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>11668</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>67567</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>67567</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>79235</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>11668</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>11668</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>67567</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-53138</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>12912</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>8290</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>12692</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>23012</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>23012</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>454276</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc5">390818</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>370722</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>466968</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>413830</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>393734</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>466968</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>413830</CapitalStockEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>466968</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>413830</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>466968</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>413830</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>466968</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-53138</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>413830</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>413830</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapitalGainNetIncomeAmt>5347</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>40096</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>494628</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.081063</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>44644</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>507095</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.088039</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>44270</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>513102</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.086279</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>43102</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>558153</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.077223</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>50708</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>563917</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.089921</DistributionYr5Rt>
        <TotalDistributionRt>0.422525</TotalDistributionRt>
        <AverageDistributionRt>0.084505</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>436608</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>36896</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>129</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>37025</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>67567</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>129</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>129</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>129</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>304</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>304</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>175</OverpaymentAmt>
        <AppliedToESTaxAmt>175</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>FL</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd referenceDocumentId="RetDoc3">false</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>SALLIE NEEDLES</IndividualWithBooksNm>
        <PhoneNum>2156356200</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>10178 FRESH MEADOW LANE</AddressLine1Txt>
          <CityNm>BOCA RATON</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33498</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SALLIE NEEDLES</PersonNm>
          <USAddress>
            <AddressLine1Txt>10178 FRESH MEADOWS LA</AddressLine1Txt>
            <CityNm>BOCA RATON</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33498</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BETH OST</PersonNm>
          <USAddress>
            <AddressLine1Txt>1414 WILLOW AVENUE</AddressLine1Txt>
            <CityNm>ELKINS PARK</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19027</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>RANDY NEEDLES</PersonNm>
          <USAddress>
            <AddressLine1Txt>1414 WILLOW AVENUE</AddressLine1Txt>
            <CityNm>ELKINS PARK</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19027</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JAY NEEDLES</PersonNm>
          <USAddress>
            <AddressLine1Txt>1414 WILLOW AVENUE</AddressLine1Txt>
            <CityNm>ELKINS PARK</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19027</ZIPCd>
          </USAddress>
          <TitleTxt>VICE-PRESIDE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>425405</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>17852</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>443257</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>443257</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>6649</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>436608</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>21830</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>21830</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>129</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>129</TotalTaxAmt>
        <DistributableBeforeAdjAmt>21701</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>21701</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>21701</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>67567</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>67567</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>129</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>67438</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>21701</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr3Amt>18615</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>19505</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>15734</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>53854</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>67567</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>21701</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>45866</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>99720</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>99720</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear3Amt>18615</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>19505</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>15734</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>45866</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>RANDY NEEDLES</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1414 WILLOW AVENUE</AddressLine1Txt>
            <CityNm>ELKINS PARK</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19027</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>2156356200</RecipientPhoneNum>
          <RecipientEmailAddressTxt>RANDY@STANLEYCREATIONS.COM</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>WRITTEN REQUEST SHOWING SPECIFIC USE TO WHICH FUNDS WILL BE PUT.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>JANUARY 31 OF THE FOLLOWING YEAR</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>AS DETERMINED BY THE DIRECTORS</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ABRAMSON CTR JEWISH LIFE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1425 HORSHAM RD</AddressLine1Txt>
            <CityNm>NORTH WALES</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19454</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>31472</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERBEN GURION UNIV</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>261 OLD YORK RD</AddressLine1Txt>
            <CityNm>JENKINTOWN</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19046</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>6800</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BOYS TOWN OF JERUSALEM</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1 PENN PLAZA</AddressLine1Txt>
            <AddressLine2Txt>SUITE 6250</AddressLine2Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10119</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOSPICE BY THE SEA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1531 W PALMETTO PARK RD</AddressLine1Txt>
            <CityNm>BOCA RATON</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33486</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JEWISH FED SO PALM BEACH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>9901 DONNA KLEIN BLVD</AddressLine1Txt>
            <CityNm>BOCA RATON</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33428</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JEWISH FEDERATION OF PHIL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2100 ARCH ST</AddressLine1Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19103</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MOSS REHABILITATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5501 OLD YORK RD</AddressLine1Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19141</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GEORGETOWN UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3700 O ST NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20057</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OLD YORK RD TEMPLE BETH A</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>971 OLD YORK RD</AddressLine1Txt>
            <CityNm>ABINGTON</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19001</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>4448</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PHILA MURAL ARTS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1727 MT VERNON ST</AddressLine1Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19130</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PHILADELPHIA PAL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2524 E CLEARFIELD ST</AddressLine1Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19134</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>US OLYMPIC COMM</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1 OLYMPIC PLAZA</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80909</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>KI FOREST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>1728 COUNTY RD 15</AddressLine1Txt>
            <CityNm>TAMWORTH</CityNm>
            <ProvinceOrStateNm>ONTARIO</ProvinceOrStateNm>
            <CountryCd>CA</CountryCd>
          </RecipientForeignAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>43</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN FRIENDS MAGEN DAVID ADOM</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>352 SEVENTH AVE</AddressLine1Txt>
            <AddressLine2Txt>SUITE 400</AddressLine2Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10001</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN HEART ASSN</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>7272 GREENVILLE AVE</AddressLine1Txt>
            <CityNm>DALLAS</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75231</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CONGRESO DE LATINOS UNIDOS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3439 N HUTCHINSON ST</AddressLine1Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19140</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FOX CHASE CANCER CTR</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>333 COTTMAN AVE</AddressLine1Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19111</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HABITAT FOR HUMANITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>121 HABITAT ST</AddressLine1Txt>
            <CityNm>AMERICUS</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>31709</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>50</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HAR ZION TEMPLE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1500 HAGYS FORD RD</AddressLine1Txt>
            <CityNm>PENN VALLEY</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19072</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>554</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MEMORIAL SLOAN KETTERING</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1275 YORK AVE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10065</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>J WOOD PLATT CADDIE SCHOLAR</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1974 SPROUL RD</AddressLine1Txt>
            <AddressLine2Txt>SUITE 400</AddressLine2Txt>
            <CityNm>BROOMALL</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19008</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ST JUDE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>262 DANNY THOMAS PL</AddressLine1Txt>
            <CityNm>MEMPHIS</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38105</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITY</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>67567</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>16427</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>5347</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>792</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>OTHER INCOME</Desc>
          <RelatedOrExemptFunctionIncmAmt>2806</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>OTHER INCOME</Desc>
          <RelatedOrExemptFunctionIncmAmt>725</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>21774</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>4323</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>26097</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>INDIRECT ACCOUNTING FEES</CategoryTxt>
        <Amt>1081</Amt>
        <NetInvestmentIncomeAmt>1081</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1081</AdjustedNetIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <ExplnOfNonFilingWithAGStmt documentId="RetDoc3">
      <ExplanationTxt>NOT REQUIRED</ExplanationTxt>
    </ExplnOfNonFilingWithAGStmt>
    <GainLossSaleOtherAssetsSch documentId="RetDoc4">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>EATON VANCE FLOATING RATE FUND</AssetDesc>
        <AcquiredDt>2012-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2015-03</SoldDt>
        <GrossSalesPriceAmt>39967</GrossSalesPriceAmt>
        <BasisAmt>40530</BasisAmt>
        <TotalNetAmt>-563</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>FEDERATED STRATEGIC VALUE DIVIDEND</AssetDesc>
        <AcquiredDt>2012-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2015-10</SoldDt>
        <GrossSalesPriceAmt>20000</GrossSalesPriceAmt>
        <BasisAmt>17485</BasisAmt>
        <TotalNetAmt>2515</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>FEDERATED STRATEGIC INCOME INSTL</AssetDesc>
        <AcquiredDt>2012-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2015-10</SoldDt>
        <GrossSalesPriceAmt>20000</GrossSalesPriceAmt>
        <BasisAmt>22042</BasisAmt>
        <TotalNetAmt>-2042</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>PRINCIPAL SM-MD CP DIV</AssetDesc>
        <AcquiredDt>2012-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2015-10</SoldDt>
        <GrossSalesPriceAmt>10000</GrossSalesPriceAmt>
        <BasisAmt>8409</BasisAmt>
        <TotalNetAmt>1591</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>PRINCIPAL PREFERRED SECURITIES FUND</AssetDesc>
        <AcquiredDt>2012-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2015-10</SoldDt>
        <GrossSalesPriceAmt>20000</GrossSalesPriceAmt>
        <BasisAmt>20709</BasisAmt>
        <TotalNetAmt>-709</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="RetDoc5">
      <InvestmentsCorporateStockGrp>
        <StockNm>VARIOUS EQUITIES</StockNm>
        <EOYBookValueAmt>158914</EOYBookValueAmt>
        <EOYFMVAmt>161956</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIXED INCOME</StockNm>
        <EOYBookValueAmt>231904</EOYBookValueAmt>
        <EOYFMVAmt>208766</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc6">
      <OtherIncomeDetail>
        <Desc>OTHER INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>2806</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2806</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2806</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>OTHER INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>725</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>725</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="RetDoc7">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT FEES</CategoryTxt>
        <Amt>3087</Amt>
        <NetInvestmentIncomeAmt>3087</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>3087</AdjustedNetIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
  </ReturnData>
</Return>