﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2011v1.5">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-04-11T16:16:40-05:00</Timestamp>
    <TaxPeriodEndDate>2012-05-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>VOYNOW BAYARD WHYTE &amp; CO LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>1210 NORTHBROOK DRIVE SUITE 140</AddressLine1>
        <City>TREVOSE</City>
        <State>PA</State>
        <ZIPCode>19053</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-06-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>030387456</EIN>
      <Name>
        <BusinessNameLine1>POTAMKIN FAMILY FOUNDATION I INC</BusinessNameLine1>
      </Name>
      <InCareOfName>% FOUNDATION</InCareOfName>
      <NameControl>POTA</NameControl>
      <Phone>3057747690</Phone>
      <USAddress>
        <AddressLine1>6200 NW 167 ST</AddressLine1>
        <City>MIAMI LAKES</City>
        <State>FL</State>
        <ZIPCode>33104</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>ALAN POTAMKIN</Name>
      <Title>CO-PRESIDENT</Title>
      <DateSigned>2013-04-09</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>KEN MANN CPA</Name>
      <Phone>2153558000</Phone>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990PF documentId="IRS990PF">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>3102114</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>0</ContriReceivedRevAndExpnss>
        <DividendsRevAndExpnss>32925</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>32925</DividendsNetInvstIncm>
        <CapitalGainNetIncmNetInvstIncm>0</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>32925</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>32925</TotalNetInvestmentIncome>
        <AccountingFeesRevAndExpnss referenceDocumentId="AccountingFeesSch">6595</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>6595</AccountingFeesNetInvstIncm>
        <AccountingFeesAdjNetIncm>0</AccountingFeesAdjNetIncm>
        <AccountingFeesDsbrsChrtblPrps>0</AccountingFeesDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="TaxesSchedule">799</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>799</TaxesNetInvstIncm>
        <TotOprExpensesRevAndExpnss>7394</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>7394</TotOprExpensesNetInvstIncm>
        <TotOprExpensesAdjNetIncm>0</TotOprExpensesAdjNetIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>0</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>0</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>7394</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>7394</TotalExpensesNetInvstIncm>
        <TotalExpensesAdjNetIncm>0</TotalExpensesAdjNetIncm>
        <TotalExpensesDsbrsChrtblPrps>0</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>25531</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>25531</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>53133</CashBOY>
        <CashEOY>70664</CashEOY>
        <CashEOYFMV>70664</CashEOYFMV>
        <OtherNotesAndLoansReceivable>2670000</OtherNotesAndLoansReceivable>
        <OtherNotesAndLoansRcvblBOY>2670000</OtherNotesAndLoansRcvblBOY>
        <OtherNotesAndLoansRcvblEOY>2670000</OtherNotesAndLoansRcvblEOY>
        <OtherNotesAndLoansRcvblEOYFMV>2670000</OtherNotesAndLoansRcvblEOYFMV>
        <InvestmentsCorpStockBOY>361450</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY>361450</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>361450</InvestmentsCorpStockEOYFMV>
        <TotalAssetsBOY>3084583</TotalAssetsBOY>
        <TotalAssetsEOY>3102114</TotalAssetsEOY>
        <TotalAssetsEOYFMV>3102114</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>3084583</CapitalStockBOY>
        <CapitalStockEOY>3102114</CapitalStockEOY>
        <TotalNetAssetsBOY>3084583</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>3102114</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>3084583</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>3102114</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>3084583</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>25531</ExcessOfRevenueOverExpenses>
        <Subtotal>3110114</Subtotal>
        <OtherDecreases referenceDocumentId="OtherDecreasesSch">8000</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>3102114</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses />
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <NoncharitableAssetsYear1>384167</NoncharitableAssetsYear1>
        <QualifyingDistributionsYear2>447525</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>566967</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.789332</DistributionRatioYear2>
        <QualifyingDistributionsYear3>727230</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>203800</NoncharitableAssetsYear3>
        <DistributionRatioYear3>3.568351</DistributionRatioYear3>
        <QualifyingDistributionsYear4>1263513</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>2067478</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.611137</DistributionRatioYear4>
        <QualifyingDistributionsYear5>1096398</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>5186381</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.211399</DistributionRatioYear5>
        <TotalDistributionRatio>5.180219</TotalDistributionRatio>
        <AverageDistributionRatio>1.036044</AverageDistributionRatio>
        <NetNoncharitableAssets>401933</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>416420</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>255</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>416675</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>0</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>511</InvestmentIncomeExciseTax>
        <Subtotal>511</Subtotal>
        <TaxBasedOnInvestmentIncome>511</TaxBasedOnInvestmentIncome>
        <TotalCreditsAndPayments>0</TotalCreditsAndPayments>
        <PenaltyForUnderpayment>12</PenaltyForUnderpayment>
        <TaxDue>523</TaxDue>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>FL</StatesFiledWith>
        <Form990PFFiledWithAG>false</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>false</ComplyWithPublicInspectionRqr>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>FOUNDATION</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>3057747690</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>6200 NW 167 ST</AddressLine1>
          <City>MIAMI LAKES</City>
          <State>FL</State>
          <ZIPCode>33104</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <BusinessHoldings>true</BusinessHoldings>
        <ExcessBusinessHoldings>false</ExcessBusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>ROBERT POTAMKIN</PersonName>
          <USAddress>
            <AddressLine1>OCEANSIDE 1V 7714</AddressLine1>
            <City>FISHER ISLAND DRIVE</City>
            <State>FL</State>
            <ZIPCode>33109</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>ALAN POTAMKIN</PersonName>
          <USAddress>
            <AddressLine1>1 CASUARINA CONCOURSE</AddressLine1>
            <City>CORAL GABLES</City>
            <State>FL</State>
            <ZIPCode>33134</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>PETER PARIS</PersonName>
          <USAddress>
            <AddressLine1>C/O 706 ELEVENTH AVE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10019</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy>
        <Description1>N/A</Description1>
      </SummaryOfDirectCharitableActy>
      <SumOfProgramRelatedInvestments>
        <Description1>N/A</Description1>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>361451</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>46603</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>408054</TotalFMVOfUnusedAssets>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>408054</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>6121</CashDeemedCharitable>
        <NetNoncharitableAssets>401933</NetNoncharitableAssets>
        <MinimumInvestmentReturn>20097</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>20097</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>511</TaxBasedOnInvestmentIncome>
        <TotalTax>511</TotalTax>
        <DistributableAmountBeforeAdj>19586</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>19586</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>19586</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>0</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <AmountsPaidAcqCharitableAssets>0</AmountsPaidAcqCharitableAssets>
        <AmountsSetAsideSuitabilityTest>0</AmountsSetAsideSuitabilityTest>
        <AmountsSetAsideCashDistriTest>0</AmountsSetAsideCashDistriTest>
        <QualifyingDistributions>0</QualifyingDistributions>
        <AdjQualifyingDistributions>0</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>19586</DistributableAmountAsAdjusted>
        <PriorYear1>2009</PriorYear1>
        <PriorYear2>2008</PriorYear2>
        <PriorYear3>2007</PriorYear3>
        <ExcessDistriCarryoverYear5>847713</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>1160139</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>717040</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>419177</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>0</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>3144069</TotalExcessDistriCarryover>
        <QualifyingDistributions>0</QualifyingDistributions>
        <RemainingDistriFromCorpus>0</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>19586</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>19586</ExcessDistriCyovAppliedCY>
        <TotalCorpus>3124483</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovFromYear5>828127</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>2296356</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>1160139</ExcessFromYear4>
        <ExcessFromYear3>717040</ExcessFromYear3>
        <ExcessFromYear2>419177</ExcessFromYear2>
        <ExcessFromYear1>0</ExcessFromYear1>
        <ExcessFromCurrentYear>0</ExcessFromCurrentYear>
      </UndistributedIncome>
      <PrivateOperatingFoundations />
      <SupplementaryInformation>
        <ContributingManager>NONE</ContributingManager>
        <ShareholderManager>NONE</ShareholderManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <FeesContractsFromGovtAgencies />
        <MembershipDuesAndAssessments />
        <IntOnSavingsAndTempCashInvst />
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>32925</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <NetRentalIncmReDebtFincdProp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncmPersonalProperty />
        <OtherInvestmentIncomePartVII />
        <GainSalesAssetsOthThanInvntry />
        <NetIncomeLossFromSpecialEvents />
        <GrossProfitLossSalesOfInvntry />
        <SubtotalsPartXVIA>
          <ExclusionAmount>32925</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>32925</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFees>
        <Category>VOYNOW,BAYARD,WHYTE CO.</Category>
        <Amount>6595</Amount>
        <NetInvestmentIncome>6595</NetInvestmentIncome>
      </AccountingFees>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <ExplnOfNonFilingWithAGStmt documentId="ExplnOfNonFilingAGSt">
      <Statement>NOT REQUIRED UNDER FLORIDA LAW.</Statement>
    </ExplnOfNonFilingWithAGStmt>
    <LandEtcSchedule2 documentId="LandEtcSch2" />
    <OtherDecreasesSchedule documentId="OtherDecreasesSch">
      <OtherDecreases>
        <Description>PRIOR PERIOD ADJUSTMENT:</Description>
        <Amount>0</Amount>
      </OtherDecreases>
      <OtherDecreases>
        <Description>NEW YORK NATIVITY, NEW YORK,NY 8/30/2010</Description>
        <Amount>5000</Amount>
      </OtherDecreases>
      <OtherDecreases>
        <Description>(CONTRIBUTION FOR THE CHARITABLE PURPOSE</Description>
        <Amount>0</Amount>
      </OtherDecreases>
      <OtherDecreases>
        <Description>OF THE FOUDATION)</Description>
        <Amount>0</Amount>
      </OtherDecreases>
      <OtherDecreases>
        <Description>RAMSON EVERGLADES, MIAMI, FL 09/14/2010</Description>
        <Amount>3000</Amount>
      </OtherDecreases>
      <OtherDecreases>
        <Description>(CONTRIBUTION FOR THE CHARITABLE PURPOSE</Description>
        <Amount>0</Amount>
      </OtherDecreases>
      <OtherDecreases>
        <Description>OF THE FOUNDATION)</Description>
        <Amount>0</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <Taxes>
        <Category>IRS</Category>
        <Amount>799</Amount>
        <NetInvestmentIncome>799</NetInvestmentIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>