﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2011v1.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-05-21T08:07:50-05:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>MARC WEISSBERG CPA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>534 BROADHOLLOW RD STE 420</AddressLine1>
        <City>MELVILLE</City>
        <State>NY</State>
        <ZIPCode>117473620</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>113237282</EIN>
      <Name>
        <BusinessNameLine1>JADE FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>JADE</NameControl>
      <Phone>6313677446</Phone>
      <USAddress>
        <AddressLine1>14 CABRIOLET LANE</AddressLine1>
        <City>MELVILLE</City>
        <State>NY</State>
        <ZIPCode>11747</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>DAVID WASSERMAN</Name>
      <Title>FOUNDATION MANAGER</Title>
      <Phone>6313677446</Phone>
      <DateSigned>2012-05-09</DateSigned>
    </Officer>
    <Preparer>
      <Name>MARC WEISSBERG</Name>
      <Phone>6314541783</Phone>
      <DatePrepared>2012-05-14</DatePrepared>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="11">
    <IRS990PF documentId="RetDoc2">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>1687723</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>100000</ContriReceivedRevAndExpnss>
        <InterestOnSavingsRevAndExpnss>21586</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>21586</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>5255</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>5255</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss referenceDocumentId="RetDoc6">-3361</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>461714</GrossSalesPrice>
        <TotalRevenueAndExpenses>123480</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>26841</TotalNetInvestmentIncome>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc3">8400</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>4200</AccountingFeesNetInvstIncm>
        <AccountingFeesDsbrsChrtblPrps>4200</AccountingFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="RetDoc10">218</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>218</OtherProfFeesNetInvstIncm>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc11">1065</TaxesRevAndExpnss>
        <TaxesDsbrsChrtblPrps>250</TaxesDsbrsChrtblPrps>
        <DeprecAndDepletionRevAndExpnss referenceDocumentId="RetDoc5">521</DeprecAndDepletionRevAndExpnss>
        <TravConfMeetingRevAndExpnss>2939</TravConfMeetingRevAndExpnss>
        <TravConfMeetingDsbrsChrtblPrps>2939</TravConfMeetingDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc9">1258</OtherExpensesRevAndExpnss>
        <OtherExpensesDsbrsChrtblPrps>1258</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>14401</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>4418</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>8647</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>104703</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>104703</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>119104</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>4418</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>113350</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>4376</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>22423</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>1560905</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>1565802</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>1578702</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>79400</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc7">79400</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>107024</InvestmentsCorpStockEOYFMV>
        <LandBuildingAndEquipmentBasis>2605</LandBuildingAndEquipmentBasis>
        <AccumDeprecLandBldgAndEquip>608</AccumDeprecLandBldgAndEquip>
        <LandBuildingAndEquipmentBOY>2518</LandBuildingAndEquipmentBOY>
        <LandBuildingAndEquipmentEOY referenceDocumentId="RetDoc8">1997</LandBuildingAndEquipmentEOY>
        <LandBuildingAndEquipmentEOYFMV>1997</LandBuildingAndEquipmentEOYFMV>
        <TotalAssetsBOY>1642823</TotalAssetsBOY>
        <TotalAssetsEOY>1647199</TotalAssetsEOY>
        <TotalAssetsEOYFMV>1687723</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>1642823</CapitalStockBOY>
        <CapitalStockEOY>1647199</CapitalStockEOY>
        <TotalNetAssetsBOY>1642823</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>1647199</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>1642823</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>1647199</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>1642823</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>4376</ExcessOfRevenueOverExpenses>
        <Subtotal>1647199</Subtotal>
        <TotalNetAssetsFundBalancesEOY>1647199</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>32588</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>938099</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.034738</DistributionRatioYear1>
        <QualifyingDistributionsYear2>66024</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>823089</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.080215</DistributionRatioYear2>
        <QualifyingDistributionsYear3>20037</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>740534</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.027058</DistributionRatioYear3>
        <QualifyingDistributionsYear4>113526</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>675578</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.168043</DistributionRatioYear4>
        <QualifyingDistributionsYear5>15193</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>552083</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.027519</DistributionRatioYear5>
        <TotalDistributionRatio>0.337573</TotalDistributionRatio>
        <AverageDistributionRatio>0.067515</AverageDistributionRatio>
        <NetNoncharitableAssets>1622036</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>109512</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>224</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>109736</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>113350</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>224</InvestmentIncomeExciseTax>
        <Subtotal>224</Subtotal>
        <TaxBasedOnInvestmentIncome>224</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>600</EstTaxPaymentsAndOverpayment>
        <TaxPaidWithExtension>600</TaxPaidWithExtension>
        <TotalCreditsAndPayments>1200</TotalCreditsAndPayments>
        <Overpayment>976</Overpayment>
        <AmountCreditedToNextYear>976</AmountCreditedToNextYear>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>NY</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>DAVID WASSERMAN</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>6313677446</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>14 CABRIOLET LANE</AddressLine1>
          <City>MELVILLE</City>
          <State>NY</State>
          <ZIPCode>11747</ZIPCode>
        </BooksInCareOfUSAddress>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <BusinessHoldings>false</BusinessHoldings>
        <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>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">DAVID WASSERMAN</PersonName>
          <USAddress>
            <AddressLine1>14 CABRIOLET LANE</AddressLine1>
            <City>MELVILLE</City>
            <State>NY</State>
            <ZIPCode>11747</ZIPCode>
          </USAddress>
          <Title>PRESIDENT/DI</Title>
          <AvgHoursPerWkDevotedToPosition>3.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">ELLEN WASSERMAN</PersonName>
          <USAddress>
            <AddressLine1>14 CABRIOLET LANE</AddressLine1>
            <City>MELVILLE</City>
            <State>NY</State>
            <ZIPCode>11747</ZIPCode>
          </USAddress>
          <Title>SEC/TRES/DIR</Title>
          <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">LAWRENCE SIEGEL</PersonName>
          <USAddress>
            <AddressLine1>12 SWARTHMORE LANE</AddressLine1>
            <City>DIX HILLS</City>
            <State>NY</State>
            <ZIPCode>11746</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.25</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Description1>N/A</Description1>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>110488</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>1534252</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>1997</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>1646737</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>1646737</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>24701</CashDeemedCharitable>
        <NetNoncharitableAssets>1622036</NetNoncharitableAssets>
        <MinimumInvestmentReturn>81102</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>81102</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>224</TaxBasedOnInvestmentIncome>
        <TotalTax>224</TotalTax>
        <DistributableAmountBeforeAdj>80878</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>80878</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>80878</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>113350</ExpensesAndContributions>
        <QualifyingDistributions>113350</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>224</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>113126</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>80878</DistributableAmountAsAdjusted>
        <ExcessDistriCarryoverYear4>37063</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear2>25434</ExcessDistriCarryoverYear2>
        <TotalExcessDistriCarryover>62497</TotalExcessDistriCarryover>
        <QualifyingDistributions>113350</QualifyingDistributions>
        <AppliedToCurrentYear>80878</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>32472</RemainingDistriFromCorpus>
        <TotalCorpus>94969</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovToNextYear>94969</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>37063</ExcessFromYear4>
        <ExcessFromYear2>25434</ExcessFromYear2>
        <ExcessFromCurrentYear>32472</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>DAVID WASSERMAN</ContributingManager>
        <ShareholderManager>NONE</ShareholderManager>
        <AppicationSubmissionInfo>
          <RecipientName>DAVID WASSERMAN</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>C/O JADE FDN 14 CABRIOLET LANE</AddressLine1>
            <City>MELVILLE</City>
            <State>NY</State>
            <ZIPCode>11747</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>6313677446</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>NO SPECIFIC FORM REQUIRED.</FormAndInfoAndMaterials>
          <SubmissionDeadlines>APPLICATIONS ARE ACCEPTED AT ANY TIME.</SubmissionDeadlines>
          <RestrictionsOnAwards>AWARDS WILL BE GRANTED PRIMARILY TOWARDS CHARTITABLE ORGANIZATIONS IN THE U.S. MOST OF THE CONTRIBUTIONS WILL GO TOWARDS CHARITABLE ORGANIZATIONS INVOLVED IN ONE OF THE FOLLOWING: THE PREVENTION OF CRUELTY TO CHILDREN, AND LOCAL, RELIGIOUS &amp; EDUCATIONAL INSTITUTIONS. NO OTHER RESTRICTIONS APPLY.</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ADAT CHAIM SYNAGOGUE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>115 COCKEYSVILLE ROAD</AddressLine1>
            <City>REISTERSTOWN</City>
            <State>MD</State>
            <ZIPCode>21136</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN CANCER SOCIETY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>11701 STONEHOLLOW DRIVE</AddressLine1>
            <City>AUSTIN</City>
            <State>TX</State>
            <ZIPCode>78758</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>475</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN HEART ASSOCIATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>125 E BETHPAGE ROAD</AddressLine1>
            <City>PLAINVIEW</City>
            <State>NY</State>
            <ZIPCode>11803</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>3540</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ART THERAPY OUTREACH CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>209 E 23RD STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10010</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>90000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AUTISM SPEAKS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5455 WILSHIRE BOULEVARD</AddressLine1>
            <City>LOS ANGELES</City>
            <State>CA</State>
            <ZIPCode>90036</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AVON WALK FOR BREAST CANCER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>110 WALL STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10005</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>300</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BROOKE JACKMAN FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>156 FIFTH AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10010</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BROWN UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 1877</AddressLine1>
            <City>PROVIDENCE</City>
            <State>RI</State>
            <ZIPCode>02912</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHILDREN'S HOSPITAL OF PHILADELPHIA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>34 ST CIVIC CENTER BLVD</AddressLine1>
            <City>PHILADELPHIA</City>
            <State>PA</State>
            <ZIPCode>19104</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>1800</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHILDREN'S MIRACLE NETWORK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>205 W 700 SOUTH</AddressLine1>
            <City>SALT LAKE CITY</City>
            <State>UT</State>
            <ZIPCode>84101</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CROHN'S &amp; COLITIS FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>386 PARK AVENUE SOUTH</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10016</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>150</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DANA FARBER JIMMY FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>10 BROOKLINE PLACE WEST</AddressLine1>
            <City>BROOKLINE</City>
            <State>MA</State>
            <ZIPCode>02445</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>EAST QUOGUE FIRE DEPARTME</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>465 MONTAUK HIGHWAY</AddressLine1>
            <City>EAST QUOGUE</City>
            <State>NY</State>
            <ZIPCode>11942</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LONG ISLAND CONSTRUCTION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 624</AddressLine1>
            <City>JERICHO</City>
            <State>NY</State>
            <ZIPCode>11753</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LUSTGARTEN FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1111 STEWART AVENUE</AddressLine1>
            <City>BETHPAGE</City>
            <State>NY</State>
            <ZIPCode>11714</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MAKE-A-WISH FOUNDATION OF METRO NY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>152 WEST 57 STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10019</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MARCH OF DIMES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 8972</AddressLine1>
            <City>TOPEKA</City>
            <State>KS</State>
            <ZIPCode>66608</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MARCIE MAZZOLA FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>158 BARR ROAD</AddressLine1>
            <City>COMMACK</City>
            <State>NY</State>
            <ZIPCode>11725</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MELVILLE FIRE DEPARTMENT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5315 SWEET HOLLOW ROAD</AddressLine1>
            <City>MELVILLE</City>
            <State>NY</State>
            <ZIPCode>11747</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MEMORIAL SLOAN KETTERING CANCER CTR</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1275 YORK AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10065</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NICOLE SCHIFFMAN FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 37</AddressLine1>
            <City>BELLMORE</City>
            <State>NY</State>
            <ZIPCode>11710</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>1350</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NORTH SHORE - LIJ HOSPITAL SYSTEM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>300 COMMUNITY DRIVE</AddressLine1>
            <City>MANHASSET</City>
            <State>NY</State>
            <ZIPCode>11030</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>STONY BROOK FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>STONY BROOK UNIV MEDICAL</AddressLine1>
            <City>STONY BROOK</City>
            <State>NY</State>
            <ZIPCode>11794</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>160</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TEMPLE BETH TORAH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>35 BAGATELLE ROAD</AddressLine1>
            <City>MELVILLE</City>
            <State>NY</State>
            <ZIPCode>11747</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>750</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TOYS FOR TOTS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>18251 QUANTICO GATEWAY DR</AddressLine1>
            <City>TRIANGLE</City>
            <State>VA</State>
            <ZIPCode>22172</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>1328</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>U-M HILLEL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1429 HILL STREET</AddressLine1>
            <City>ANN ARBOR</City>
            <State>MI</State>
            <ZIPCode>48104</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>VFW</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 8958</AddressLine1>
            <City>TOPEKA</City>
            <State>KS</State>
            <ZIPCode>66608</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL SUPPORT</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>104703</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>21586</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>5255</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>-3361</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>23480</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>23480</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>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>DAVID WASSERMAN</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>14 CABRIOLET LANE</AddressLine1>
          <City>MELVILLE</City>
          <State>NY</State>
          <ZIPCode>11747</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>100000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc3">
      <AccountingFees>
        <Category>ACCOUNTING</Category>
        <Amount>8400</Amount>
        <NetInvestmentIncome>4200</NetInvestmentIncome>
        <DisbursementsCharitablePrps>4200</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <CompensationExplanation documentId="RetDoc4">
      <Compensation>
        <PersonName>DAVID WASSERMAN</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>ELLEN WASSERMAN</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>LAWRENCE SIEGEL</PersonName>
      </Compensation>
    </CompensationExplanation>
    <DepreciationSchedule documentId="RetDoc5">
      <Depreciation>
        <DescriptionOfProperty>COMPUTER</DescriptionOfProperty>
        <DateAcquired>2010-11-12</DateAcquired>
        <CostOrOtherBasis>2605</CostOrOtherBasis>
        <PriorYearsDepreciation>87</PriorYearsDepreciation>
        <ComputationMethod>STRAIGHT LINE</ComputationMethod>
        <Life>5.0000</Life>
        <CurrentYearExpense>521</CurrentYearExpense>
      </Depreciation>
    </DepreciationSchedule>
    <GainLossSaleOtherAssetsSch documentId="RetDoc6">
      <GainLossSaleOtherAsset>
        <Name>320 SHS. CONSUMERS STAPLES SECTOR</Name>
        <DateAcquired>2011-11</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-11</DateSold>
        <GrossSalesPrice>9766</GrossSalesPrice>
        <Basis>9987</Basis>
        <TotalNet>-221</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>53 SHS. GUGGENHEIM RUSSELL</Name>
        <DateAcquired>2011-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-12</DateSold>
        <GrossSalesPrice>4700</GrossSalesPrice>
        <Basis>4829</Basis>
        <TotalNet>-129</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>30 SHS.ISHARES BARCLAYS TIPS</Name>
        <DateAcquired>2011-11</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-12</DateSold>
        <GrossSalesPrice>3492</GrossSalesPrice>
        <Basis>3515</Basis>
        <TotalNet>-23</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>143 SHS. ISHARES DJ SELECT DIVID</Name>
        <DateAcquired>2011-11</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-11</DateSold>
        <GrossSalesPrice>7238</GrossSalesPrice>
        <Basis>7481</Basis>
        <TotalNet>-243</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>31 SHS. ISHARES IBOXX</Name>
        <DateAcquired>2011-11</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-11</DateSold>
        <GrossSalesPrice>3485</GrossSalesPrice>
        <Basis>3515</Basis>
        <TotalNet>-30</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>85 ISHARES S&amp;P 100 INDEX</Name>
        <DateAcquired>2011-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-12</DateSold>
        <GrossSalesPrice>4712</GrossSalesPrice>
        <Basis>4858</Basis>
        <TotalNet>-146</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>259 SHS. POWERSHARES QQQ TRUST</Name>
        <DateAcquired>2011-11</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-11</DateSold>
        <GrossSalesPrice>14630</GrossSalesPrice>
        <Basis>14928</Basis>
        <TotalNet>-298</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>100,000 SAFRA NATIONAL BK NY US</Name>
        <DateAcquired>2011-05</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-12</DateSold>
        <GrossSalesPrice>100000</GrossSalesPrice>
        <Basis>100000</Basis>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>206 SHS. SPDR DJIA TRUST</Name>
        <DateAcquired>2011-11</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-11</DateSold>
        <GrossSalesPrice>23679</GrossSalesPrice>
        <Basis>24872</Basis>
        <TotalNet>-1193</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>87 SHS. SPDR GOLD TRUST</Name>
        <DateAcquired>2011-11</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-11</DateSold>
        <GrossSalesPrice>14282</GrossSalesPrice>
        <Basis>15052</Basis>
        <TotalNet>-770</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>40 SHS. SPDR S&amp;P 500</Name>
        <DateAcquired>2011-11</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-11</DateSold>
        <GrossSalesPrice>4877</GrossSalesPrice>
        <Basis>5027</Basis>
        <TotalNet>-150</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>143 SHS. UTILITIES SECTOR SPDR</Name>
        <DateAcquired>2011-11</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-11</DateSold>
        <GrossSalesPrice>4853</GrossSalesPrice>
        <Basis>5011</Basis>
        <TotalNet>-158</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>100,000 AMER EXP BK FSB UT US</Name>
        <DateAcquired>2009-11</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-12</DateSold>
        <GrossSalesPrice>100000</GrossSalesPrice>
        <Basis>100000</Basis>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>16,000 AMER EXP CENTUR BK UT US</Name>
        <DateAcquired>2009-08</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-02</DateSold>
        <GrossSalesPrice>16000</GrossSalesPrice>
        <Basis>16000</Basis>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>30,000 DISCOVER BK DE US</Name>
        <DateAcquired>2008-05</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-02</DateSold>
        <GrossSalesPrice>30000</GrossSalesPrice>
        <Basis>30000</Basis>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>40,000 FIRST COMMUNITY BK IL US</Name>
        <DateAcquired>2006-11</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-11</DateSold>
        <GrossSalesPrice>40000</GrossSalesPrice>
        <Basis>40000</Basis>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>30,000 GE MONEY BANK UT US</Name>
        <DateAcquired>2009-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-12</DateSold>
        <GrossSalesPrice>30000</GrossSalesPrice>
        <Basis>30000</Basis>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>20,000 MAINSTREET BK NB TX US</Name>
        <DateAcquired>2007-02</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-10</DateSold>
        <GrossSalesPrice>20000</GrossSalesPrice>
        <Basis>20000</Basis>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>30,000 WACHOVIA MTG FSB NV US</Name>
        <DateAcquired>2008-05</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2011-05</DateSold>
        <GrossSalesPrice>30000</GrossSalesPrice>
        <Basis>30000</Basis>
      </GainLossSaleOtherAsset>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="RetDoc7">
      <InvestmentsCorpStock>
        <NameOfStock>COMMON STOCKS</NameOfStock>
        <EOYBookValue>79400</EOYBookValue>
        <EOYFMV>107024</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <LandEtcSchedule2 documentId="RetDoc8">
      <LandEtc>
        <CategoryOrItem>COMPUTER</CategoryOrItem>
        <CostOrOtherBasis>2605</CostOrOtherBasis>
        <AccumulatedDepreciation>608</AccumulatedDepreciation>
        <BookValue>1997</BookValue>
        <EOYFMV>1997</EOYFMV>
      </LandEtc>
    </LandEtcSchedule2>
    <OtherExpensesSchedule documentId="RetDoc9">
      <OtherExpenses>
        <Description>EXPENSES</Description>
      </OtherExpenses>
      <OtherExpenses>
        <Description>SUBSCRIPTIONS</Description>
        <RevenueAndExpensesPerBooks>642</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>642</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>OFFICE SUPPLIES</Description>
        <RevenueAndExpensesPerBooks>616</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>616</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc10">
      <OtherProfessionalFees>
        <Category>INVESTMENT FEES</Category>
        <Amount>218</Amount>
        <NetInvestmentIncome>218</NetInvestmentIncome>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc11">
      <Taxes>
        <Category>FEDERAL EXCISE TAX</Category>
        <Amount>815</Amount>
      </Taxes>
      <Taxes>
        <Category>NYS DEPARTMENT OF LAW</Category>
        <Amount>250</Amount>
        <DisbursementsCharitablePrps>250</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>