﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2010v3.4">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-08-10T09:43:45-05:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>JH COHN LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>1212 6TH AVENUE</AddressLine1>
        <City>NEW YORK</City>
        <State>NY</State>
        <ZIPCode>10036</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>133347784</EIN>
      <Name>
        <BusinessNameLine1>THE SIDNEY &amp; MILDRED EDELSTEIN FOUNDATIO</BusinessNameLine1>
      </Name>
      <NameControl>SIDN</NameControl>
      <Phone>6468344110</Phone>
      <USAddress>
        <AddressLine1>C/O J GROSSMAN - 57 TROY DRIVE</AddressLine1>
        <City>SHORT HILLS</City>
        <State>NJ</State>
        <ZIPCode>07078</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>JEFFREY GROSSMAN</Name>
      <Title>DIRECTOR</Title>
      <Phone>6468344110</Phone>
      <DateSigned>2011-08-09</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>RICHARD COHEN</Name>
      <Phone>2122970400</Phone>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990PF documentId="RetDoc1235000001">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>6010383</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>480532</ContriReceivedRevAndExpnss>
        <InterestOnSavingsRevAndExpnss>52</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>52</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>218652</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>218652</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>-166265</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>3274203</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>0</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>532971</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>218704</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>0</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>0</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>0</CompOfcrDirTrstDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">3564</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>3314</TaxesNetInvstIncm>
        <TaxesDsbrsChrtblPrps>250</TaxesDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc2003200001">20327</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>20202</OtherExpensesNetInvstIncm>
        <OtherExpensesDsbrsChrtblPrps>125</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>23891</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>23516</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>375</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>400000</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>400000</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>423891</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>23516</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>400375</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>109080</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>195188</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>28387</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>22504</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>22504</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>1573453</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc2018900001">1267173</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>1361845</InvestmentsCorpStockEOYFMV>
        <InvestmentsOtherBOY>4149524</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="RetDoc2018100001">4574826</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>4626034</InvestmentsOtherEOYFMV>
        <OtherAssetsBOY referenceDocumentId="RetDoc2046600001">4059</OtherAssetsBOY>
        <OtherAssetsEOY referenceDocumentId="RetDoc2046600001">0</OtherAssetsEOY>
        <OtherAssetsEOYFMV referenceDocumentId="RetDoc2046600001">0</OtherAssetsEOYFMV>
        <TotalAssetsBOY>5755423</TotalAssetsBOY>
        <TotalAssetsEOY>5864503</TotalAssetsEOY>
        <TotalAssetsEOYFMV>6010383</TotalAssetsEOYFMV>
        <TotalLiabilitiesBOY>0</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>5755423</CapitalStockBOY>
        <CapitalStockEOY>5864503</CapitalStockEOY>
        <PaidInOrCapitalSurplusBOY>0</PaidInOrCapitalSurplusBOY>
        <PaidInOrCapitalSurplusEOY>0</PaidInOrCapitalSurplusEOY>
        <RetainedEarningsBOY>0</RetainedEarningsBOY>
        <RetainedEarningsEOY>0</RetainedEarningsEOY>
        <TotalNetAssetsBOY>5755423</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>5864503</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>5755423</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>5864503</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>5755423</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>109080</ExcessOfRevenueOverExpenses>
        <OtherIncreases>0</OtherIncreases>
        <Subtotal>5864503</Subtotal>
        <OtherDecreases>0</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>5864503</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>PUBLICLY TRADED SECURITIES - SHORT TERM</DescriptionOfAsset>
          <GrossSalesPrice>1270492</GrossSalesPrice>
          <CostOrOtherBasis>1231583</CostOrOtherBasis>
          <GainOrLoss>38909</GainOrLoss>
          <GainsMinusExcessOrLosses>38909</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>PUBLICLY TRADED SECURITIES - LONG TERM</DescriptionOfAsset>
          <GrossSalesPrice>2003616</GrossSalesPrice>
          <CostOrOtherBasis>2208885</CostOrOtherBasis>
          <GainOrLoss>-205269</GainOrLoss>
          <GainsMinusExcessOrLosses>-205269</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>SECURITIES LAWSUIT</DescriptionOfAsset>
          <GrossSalesPrice>95</GrossSalesPrice>
          <GainOrLoss>95</GainOrLoss>
          <GainsMinusExcessOrLosses>95</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>-166265</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>0</LiableFor4942Tax>
        <QualifyingDistributionsYear1>396008</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>3770717</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.105022</DistributionRatioYear1>
        <QualifyingDistributionsYear2>450365</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>4053384</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.111108</DistributionRatioYear2>
        <QualifyingDistributionsYear3>75000</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>3230848</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.023214</DistributionRatioYear3>
        <QualifyingDistributionsYear4>0</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>673849</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.0</DistributionRatioYear4>
        <QualifyingDistributionsYear5>0</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>449383</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.0</DistributionRatioYear5>
        <TotalDistributionRatio>0.239344</TotalDistributionRatio>
        <AverageDistributionRatio>0.047869</AverageDistributionRatio>
        <NetNoncharitableAssets>5554225</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>265875</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>1952</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>267827</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>400375</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>1952</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>1952</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>1952</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>1244</EstTaxPaymentsAndOverpayment>
        <TaxPaidWithExtension>2500</TaxPaidWithExtension>
        <TotalCreditsAndPayments>3744</TotalCreditsAndPayments>
        <PenaltyForUnderpayment>2</PenaltyForUnderpayment>
        <Overpayment>1790</Overpayment>
        <AmountCreditedToNextYear>1790</AmountCreditedToNextYear>
        <AmountToBeRefunded>0</AmountToBeRefunded>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>0</LegislativePoliticalActivities>
        <MoreThan100Spent>0</MoreThan100Spent>
        <Form1120POLFiled>0</Form1120POLFiled>
        <Sect4955TaxOnOrganization>0</Sect4955TaxOnOrganization>
        <Sect4955TaxOnManagers>0</Sect4955TaxOnManagers>
        <ReimbursementOfTax>0</ReimbursementOfTax>
        <ActivitiesNotPrevReported>0</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>0</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>0</UnrelatedBusIncomeOver1000>
        <TerminationEtc>0</TerminationEtc>
        <RequirementsOfSect508e>1</RequirementsOfSect508e>
        <AtLeast5000InAssets>1</AtLeast5000InAssets>
        <StatesFiledWith>NY</StatesFiledWith>
        <Form990PFFiledWithAG>1</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>0</PrivateOperatingFoundation>
        <NewSubstantialContributors>0</NewSubstantialContributors>
        <InterestInControlledEntity>0</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>J GROSSMAN</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>9733766711</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>57 TROY DRIVE</AddressLine1>
          <City>SHORT HILLS</City>
          <State>NJ</State>
          <ZIPCode>07078</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>0</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>0</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>0</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>0</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>0</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>0</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>0</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>0</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>0</UndistributedIncomePriorYears>
        <BusinessHoldings>0</BusinessHoldings>
        <JeopardyInvestments>0</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>0</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>0</InfluenceLegislation>
        <InfluenceElection>0</InfluenceElection>
        <GrantsToIndividuals>0</GrantsToIndividuals>
        <GrantsToOrganizations>0</GrantsToOrganizations>
        <NoncharitablePurpose>0</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>0</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>0</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>0</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>LEO GOLDBERG</PersonName>
          <USAddress>
            <AddressLine1>10432 MILBURN LANE</AddressLine1>
            <City>BOCA RATON</City>
            <State>FL</State>
            <ZIPCode>33498</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>RICHARD FINKELSTEIN CO BERKOWITZ LI</PersonName>
          <USAddress>
            <AddressLine1>443 NORTHFIELD AVENUE</AddressLine1>
            <City>WEST ORANGE</City>
            <State>NJ</State>
            <ZIPCode>07052</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>HARVEY REICH</PersonName>
          <USAddress>
            <AddressLine1>15342 STRATHEARN DRIVE</AddressLine1>
            <City>DELRAY BEACH</City>
            <State>FL</State>
            <ZIPCode>33446</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>ROY JACOBS CO ROBINSON BROG</PersonName>
          <USAddress>
            <AddressLine1>875 THIRD AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10022</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JEFFREY GROSSMAN</PersonName>
          <USAddress>
            <AddressLine1>57 TROY DRIVE</AddressLine1>
            <City>SHORT HILLS</City>
            <State>NJ</State>
            <ZIPCode>07078</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy>
        <Description1>THE FOUNDATION ONLY DONATES FUNDS TO PRESELECTED CHARITABLE ORGANIZATIONS.</Description1>
        <Expenses1>0</Expenses1>
      </SummaryOfDirectCharitableActy>
      <SumOfProgramRelatedInvestments>
        <Description1>THE FOUNDATION ONLY DONATES TO PRESELECTED CHARITABLE ORGANIZATIONS.</Description1>
        <Amount1>0</Amount1>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>5581634</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>57173</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>5638807</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>5638807</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>84582</CashDeemedCharitable>
        <NetNoncharitableAssets>5554225</NetNoncharitableAssets>
        <MinimumInvestmentReturn>277711</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>277711</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>1952</TaxBasedOnInvestmentIncome>
        <TotalTax>1952</TotalTax>
        <DistributableAmountBeforeAdj>275759</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>275759</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>275759</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>400375</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>400375</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>1952</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>398423</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>275759</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <ExcessDistriCarryoverYear2>250130</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>210326</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>460456</TotalExcessDistriCarryover>
        <QualifyingDistributions>400375</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>275759</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>124616</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>585072</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>0</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>585072</ExcessDistriCyovToNextYear>
        <ExcessFromYear2>250130</ExcessFromYear2>
        <ExcessFromYear1>210326</ExcessFromYear1>
        <ExcessFromCurrentYear>124616</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN COMMITTEE FOR SHENKAR COLLEGE IN ISRAEL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>307 SEVENTH AVENUE SUITE 1805</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>67500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN FRIENDS OF THE HEBREW UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>ONE BATTERY PARK PLAZA - 25TH FLOOR</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10004</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>250000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHEMICAL HERITAGE FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>315 CHESTNUT STREET</AddressLine1>
            <City>PHILADELPHIA</City>
            <State>PA</State>
            <ZIPCode>19106</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>71000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HELEN KELLER INSTITUTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>37 DUNES LANE</AddressLine1>
            <City>PORT WASHINGTON</City>
            <State>NY</State>
            <ZIPCode>11050</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SOCIETY FOR THE HISTORY OF TECHNOLOGY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>307 E BARAGA AVE</AddressLine1>
            <City>HOUGHTON</City>
            <State>MI</State>
            <ZIPCode>49931</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>4000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>RABBINICAL COLLEGE OF AMERICA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>226 SUSSEX AVENUE</AddressLine1>
            <City>MORRISTOWN</City>
            <State>NJ</State>
            <ZIPCode>07960</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>400000</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>52</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>218652</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>-166265</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>0</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>52439</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>52439</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>0</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>0</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>0</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>0</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>0</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>0</ReimbursementArrangements>
        <LoansOrLoanGuarantees>0</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>0</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>0</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>0</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>MILDRED EDELSTEIN REVOCABLE TRUST</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>443 NORTHFIELD AVE</AddressLine1>
          <City>WEST ORANGE</City>
          <State>NJ</State>
          <ZIPCode>07052</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>480532</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>PUBLICLY TRADED SECURITIES</NameOfStock>
        <EOYBookValue>1267173</EOYBookValue>
        <EOYFMV>1361845</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOther>
        <CategoryOrItem>ALLIANCEBERNSTEIN GLOBAL REAL ESTATE INVT FD II CL I</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>216649</BookValue>
        <EOYFMV>246872</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>PUBLICLY TRADED MUTUAL FUNDS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>4358177</BookValue>
        <EOYFMV>4379162</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssets>
        <Description>DUE FROM BROKERAGE</Description>
        <BOYBookValue>4059</BOYBookValue>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>INVESTMENT FEES</Description>
        <RevenueAndExpensesPerBooks>20202</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>20202</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>ADVERTISING</Description>
        <RevenueAndExpensesPerBooks>125</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>125</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>NYS FILING FEE</Category>
        <Amount>250</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>250</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>FOREIGN TAX PAID</Category>
        <Amount>303</Amount>
        <NetInvestmentIncome>303</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>RECLAIMABLE WITHHOLDING TAX</Category>
        <Amount>11</Amount>
        <NetInvestmentIncome>11</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>FEDERAL TAXES</Category>
        <Amount>3000</Amount>
        <NetInvestmentIncome>3000</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>