﻿<?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" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-11-14T14:35:36-08:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Bruce A Rosen CPA PC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>7 Cobblestone Court</AddressLine1>
        <City>Centerport</City>
        <State>NY</State>
        <ZIPCode>11721</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>201655017</EIN>
      <Name>
        <BusinessNameLine1>THE DR CAROL AND MR JERRY</BusinessNameLine1>
        <BusinessNameLine2>KAUFMAN FOUNDATION INC</BusinessNameLine2>
      </Name>
      <NameControl>DRCA</NameControl>
      <USAddress>
        <AddressLine1>7 COBBLESTONE COURT</AddressLine1>
        <City>CENTERPORT</City>
        <State>NY</State>
        <ZIPCode>11721</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>BRUCE A ROSEN</Name>
      <Title>Secretary/Treas</Title>
      <DateSigned>2012-11-14</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>BRUCE A ROSEN CPA</Name>
      <Phone>6317541600</Phone>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="5">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation 990PFBinaryAttachments.1" softwareId="11000144" softwareVersion="2011v1.2">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>138713</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <DividendsRevAndExpnss>79</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>79</DividendsNetInvstIncm>
        <DividendsAdjNetIncm>79</DividendsAdjNetIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="OtherIncomeSchedule2">5169</OtherIncomeRevAndExpnss>
        <OtherIncomeNetInvstIncm>5169</OtherIncomeNetInvstIncm>
        <OtherIncomeAdjNetIncm>5169</OtherIncomeAdjNetIncm>
        <TotalRevenueAndExpenses>5248</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>5248</TotalNetInvestmentIncome>
        <TotalAdjustedNetIncome>5248</TotalAdjustedNetIncome>
        <TaxesRevAndExpnss referenceDocumentId="TaxesSchedule">500</TaxesRevAndExpnss>
        <OtherExpensesRevAndExpnss referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">25</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>25</OtherExpensesNetInvstIncm>
        <OtherExpensesAdjNetIncm>25</OtherExpensesAdjNetIncm>
        <TotOprExpensesRevAndExpnss>525</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>25</TotOprExpensesNetInvstIncm>
        <TotOprExpensesAdjNetIncm>25</TotOprExpensesAdjNetIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>5000</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>5000</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>5525</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>25</TotalExpensesNetInvstIncm>
        <TotalExpensesAdjNetIncm>25</TotalExpensesAdjNetIncm>
        <TotalExpensesDsbrsChrtblPrps>5000</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-277</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>5223</NetInvestmentIncome>
        <AdjustedNetIncome>5223</AdjustedNetIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>300</CashBOY>
        <CashEOY>3713</CashEOY>
        <InvestmentsOtherBOY>-22798</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="InvestmentsOtherSchedule2">-26488</InvestmentsOtherEOY>
        <TotalAssetsBOY>-22498</TotalAssetsBOY>
        <TotalAssetsEOY>-22775</TotalAssetsEOY>
        <TotalAssetsEOYFMV>138713</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>-22498</CapitalStockBOY>
        <CapitalStockEOY>-22775</CapitalStockEOY>
        <TotalNetAssetsBOY>-22498</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>-22775</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>-22498</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>-22775</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>-22498</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-277</ExcessOfRevenueOverExpenses>
        <Subtotal>-22775</Subtotal>
        <TotalNetAssetsFundBalancesEOY>-22775</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>13500</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>132584</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.10182</DistributionRatioYear1>
        <QualifyingDistributionsYear2>39903</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>126673</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.31501</DistributionRatioYear2>
        <QualifyingDistributionsYear3>21010</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>123815</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.16969</DistributionRatioYear3>
        <QualifyingDistributionsYear4>24802</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>129552</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.19144</DistributionRatioYear4>
        <QualifyingDistributionsYear5>35691</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>142402</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.25064</DistributionRatioYear5>
        <TotalDistributionRatio>1.02860</TotalDistributionRatio>
        <AverageDistributionRatio>0.20572</AverageDistributionRatio>
        <NetNoncharitableAssets>134952</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>27762</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>52</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>27814</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>5000</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>104</InvestmentIncomeExciseTax>
        <Subtotal>104</Subtotal>
        <TaxBasedOnInvestmentIncome>104</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>801</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>801</TotalCreditsAndPayments>
        <Overpayment>697</Overpayment>
        <AmountCreditedToNextYear>697</AmountCreditedToNextYear>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <Form990TFiled>false</Form990TFiled>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>false</RequirementsOfSect508e>
        <AtLeast5000InAssets>false</AtLeast5000InAssets>
        <StatesFiledWith>IL</StatesFiledWith>
        <Form990PFFiledWithAG>false</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>BRUCE A ROSEN</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>6317541600</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>7 COBBLESTONE COURT</AddressLine1>
          <City>CENTERPORT</City>
          <State>NY</State>
          <ZIPCode>11721</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>
        <ActsFailToQualifyAsExceptions>false</ActsFailToQualifyAsExceptions>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <UndistrIncome4942a2NotApplied>false</UndistrIncome4942a2NotApplied>
        <BusinessHoldings>false</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>
        <TrFailToQualifyAsExceptions>false</TrFailToQualifyAsExceptions>
        <MaintExpendResponsibility>false</MaintExpendResponsibility>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
        <ProceedsOrNetIncome>false</ProceedsOrNetIncome>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>BRUCE A ROSEN</PersonName>
          <USAddress>
            <AddressLine1>7 COBBLETONE COURT</AddressLine1>
            <City>CENTERPORT</City>
            <State>NY</State>
            <ZIPCode>11721</ZIPCode>
          </USAddress>
          <Title>Secretary/Treas</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>MICHAEL L KAUFMAN</PersonName>
          <USAddress>
            <AddressLine1>451 WEST ALDINE - UNIT 1</AddressLine1>
            <City>CHICAGO</City>
            <State>IL</State>
            <ZIPCode>60657</ZIPCode>
          </USAddress>
          <Title>Vice President</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>MIRIAM L FELDSTEIN</PersonName>
          <USAddress>
            <AddressLine1>1009 PARK AVENUE 5A</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10028</ZIPCode>
          </USAddress>
          <Title>President</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>0</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>2007</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>135000</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>137007</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AdjTotalFMVOfUnusedAssets>137007</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>2055</CashDeemedCharitable>
        <NetNoncharitableAssets>134952</NetNoncharitableAssets>
        <MinimumInvestmentReturn>6748</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>6748</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>104</TaxBasedOnInvestmentIncome>
        <TotalTax>104</TotalTax>
        <DistributableAmountBeforeAdj>6644</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>6644</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>6644</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>5000</ExpensesAndContributions>
        <QualifyingDistributions>5000</QualifyingDistributions>
        <AdjQualifyingDistributions>5000</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>6644</DistributableAmountAsAdjusted>
        <ExcessDistriCarryoverYear5>22882</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>18720</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>15099</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>33763</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>7072</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>97536</TotalExcessDistriCarryover>
        <QualifyingDistributions>5000</QualifyingDistributions>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>5000</AppliedToCurrentYear>
        <ExcessDistriCyovAppCYCorpus>1644</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>1644</ExcessDistriCyovAppliedCY>
        <TotalCorpus>95892</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovFromYear5>21238</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>74654</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>18720</ExcessFromYear4>
        <ExcessFromYear3>15099</ExcessFromYear3>
        <ExcessFromYear2>33763</ExcessFromYear2>
        <ExcessFromYear1>7072</ExcessFromYear1>
      </UndistributedIncome>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <RelatedOrExemptFunctionIncome>79</RelatedOrExemptFunctionIncome>
        </DividendsAndIntFromSecPartVII>
        <OtherRevenueDescribed>
          <Description>PARTNERSHIP INCOME</Description>
          <RelatedOrExemptFunctionIncome>5169</RelatedOrExemptFunctionIncome>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <RelatedOrExemptFunctionIncome>5248</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>5248</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>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2" softwareId="11000144" softwareVersion="2011v1.2">
      <InvestmentsOther>
        <CategoryOrItem>KAUFMAN FAMILY, LLC</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>26488</BookValue>
        <EOYFMV>135000</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="11000144" softwareVersion="2011v1.2">
      <OtherExpenses>
        <Description>FILING FEES</Description>
        <RevenueAndExpensesPerBooks>25</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>25</NetInvestmentIncome>
        <AdjustedNetIncome>25</AdjustedNetIncome>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="11000144" softwareVersion="2011v1.2">
      <OtherIncome>
        <Description>PARTNERSHIP INCOME</Description>
        <RevenueAndExpensesPerBooks>5169</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>5169</NetInvestmentIncome>
        <AdjustedNetIncome>5169</AdjustedNetIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="11000144" softwareVersion="2011v1.2">
      <Taxes>
        <Category>FEDERAL TAXES</Category>
        <Amount>500</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>