| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 11,000 | 11,000 |
| Person Name | Explanation |
|---|---|
| JOSEPH WILF | |
| ELIZABETH WILF | |
| LEONARD WILF | |
| ZYGMUNT WILF | |
| MARK WILF | |
| ORIN WILF | |
| JEFFREY WILF | |
| JONATHAN WILF | |
| JASON WILF |
| Contractor | Explanation |
|---|---|
| BELIN CONSULTING | CONSULTING |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE EQUIP | 2008-01-01 | 30,708 | 21,864 | MACRS | 5.0000 | 3,538 | 3,538 |
| Employee | Explanation |
|---|---|
| MARY ELLEN LAWRENCE |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 200000 HOUSEHOLD FINANCE 7.1 11 | 200,000 | 200,774 |
| 200000 DELPHI CORP 6 1/2 13 | 207,113 | 4,000 |
| 200000 GMAC 5.9 19 | 200,000 | 175,080 |
| 200000 BANK OF AMERICA 6.15 29 | 200,000 | 176,824 |
| 10000 AMER FINANCIAL GROUP 7 1/8 34 | 250,000 | 252,000 |
| 200000 TIME WARNER 6.95 28 | 198,891 | 241,410 |
| 200000 ALLY FINANCIAL 6 3/4 14 | 206,005 | 202,042 |
| 250000 JP MORGAN CHASE 6.75 11 | ||
| 250000 GE CAPITAL CORP FLOATING RATE | ||
| 300000 VORNADO REALTY CORP 3.875 25 | 243,000 | 317,625 |
| 250000 ANADARKO PETROLEUM 5.95 16 | 271,660 | 287,305 |
| 250000 SUNOCO 5.75 17 | 268,156 | 252,658 |
| 250000 ALCOA 5.55 17 | 263,275 | 263,795 |
| 250000 PITNEY BOWES 4.75 18 | 263,188 | 253,852 |
| 250000 VIACOM 4.625 18 | 263,525 | 259,995 |
| 250000 POTASH CORP-SASKATCHEWAN 4.87 | 266,218 | 286,300 |
| 250000 ERP OPERATING 4.75 20 | 267,365 | 260,023 |
| 250000 L-3 COMMUNICATION 4.75 20 | 268,460 | 248,662 |
| 250000 JP MORGAN CHASE 4.4 20 | 261,168 | 253,150 |
| 250000 CREDIT SUISSE NEW YORK 4.375 | 261,128 | 253,988 |
| 250000 NEWELL RUBBERMAID 4.7 20 | 266,575 | 256,775 |
| 250000 ENTERGY 5.125 20 | 254,012 | 249,985 |
| 250000 CLIFFS NATURAL RESOURCES 4.8 | 259,505 | 249,005 |
| 250000 MATTEL 4.35 20 | 261,065 | 261,750 |
| 250000 CORN PRODUCTS INTERNATIONAL 4 | 262,505 | 263,155 |
| 250000 CANADIAN PACIFIC 4.45 23 | 260,823 | 261,465 |
| 250000 FORD MOTOR CREDIT FLOATING 12 | 238,750 | 250,375 |
| 250000 BRANDYWINE OPERATING PARTNERS | 260,000 | 252,507 |
| 500000 STEEL DYNAMICS 7.375 12 | 535,000 | 518,125 |
| 250000 REGIONS FINANCIAL 4.875 13 | 251,875 | 243,750 |
| 250000 TEXTRON FINANCIAL 5.4 13 | 264,063 | 256,210 |
| 250000 DUKE REALTY 6.25 13 | 266,310 | 263,000 |
| 250000 FRONTIER COMMUNICATIONS 6.625 | 265,625 | 257,500 |
| 250000 JP MORGAN CHASE CAP XXVIII 7 | 250,000 | 251,250 |
| 250000 UNION PACIFIC 4 21 | 269,900 | 264,345 |
| 250000 METLIFE 4.75 21 | 270,612 | 270,927 |
| 250000 CVS COREMARK 4.125 21 | 263,875 | 266,855 |
| 250000 AETNA 4.125 21 | 268,428 | 262,305 |
| 250000 SCWAB CAPITAL TRUST 7.5 37 | 263,750 | 253,608 |
| 250000 VORNADO REALTY TRUST 4.25 15 | 257,188 | 255,650 |
| 250000 ROYAL BANK OF SCOTLAND 5 13 | 249,688 | 241,043 |
| 250000 NRG ENERGY 7.375 17 | 263,125 | 260,312 |
| 250000 RITE AID 9.75 16 | 282,500 | 273,750 |
| 250000 HUTCH WHAMPOA 6 49 | 260,375 | 253,125 |
| 500000 GR CAPITAL 6.375 67 | 520,000 | 496,350 |
| 250000 PNC FINANCIAL 6.75 49 | 246,875 | 249,965 |
| 250000 AMERICAN AXLE & MFG 5.25 14 | 241,875 | 246,250 |
| 250000 WINDSTREAM 8.125 13 | 266,875 | 267,500 |
| 250000 SPRINT CAPITAL 8.375 12 | 256,063 | 252,500 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 13373 AT&T | 67,294 | 391,963 |
| 7072 VERIZON COOMUNICATIONS | 62,386 | 261,523 |
| 591 CENTURY LINK | 19,805 | 20,839 |
| 523856 VORNADO REALTY TRUST | 9,141,512 | 43,329,265 |
| 13757 PRUDENTIAL GLOBAL TOTAL RETUR | ||
| 10000 PUTNAM PREMIER INCOME TRUST | 100,002 | 57,300 |
| 3314 DREYFUS A BONDS PLUS FUND | ||
| 4375 VODAPHONE | 12,286 | 121,800 |
| 22230 PNC FINANCIAL SERVICES | 837,605 | 1,193,973 |
| 3000 PUBLIC SERVICE ENTERPRISE GROUP | 39,064 | 101,100 |
| 521 WELLS FARGO | 99,157 | 13,499 |
| 8000 MERRILL LYNCH CAP TR IV 7.12 PF | 200,000 | 187,440 |
| 10983 BLACKROCK CORPORATE HIGH YIELD | 154,272 | 76,551 |
| 34458 IBM | 3,618,736 | 6,361,981 |
| 8000 BANK ONE CAPITAL TRUST 7.2 PFD | 200,000 | 204,720 |
| 5192 FRONTIER COMMUNICATIONS | 54,118 | 32,502 |
| 10000 GENERAL MOTORS 7 1/4 PFD | 129,518 | 3,800 |
| 7000 BAC CAPITAL TRUST III 7 PFD | 175,000 | 166,740 |
| 10000 STERLING BANCORP TR I 8 3/8 PF | 100,000 | 101,100 |
| 2400 VNB CAP TRUST I 7 3/4 PFD | 60,000 | 62,208 |
| 5000 BAC CAPITAL TRUST II 7 PFD | 125,000 | 116,250 |
| 15000 FORD MOTOR CREDIT 7.6 PFD | ||
| 5000 GMAC 7.35 PFD | 125,000 | 108,500 |
| 5000 GENERAL MOTORS 7 1/4 PFD | 64,759 | 1,900 |
| 5000 JP MORGAN CHASE CAPITAL X 7 PFD | 125,000 | 128,650 |
| 100000 INTERSTATE POWER&LIGHT 7.1 PF | ||
| 8000 FIRST NIAGRA FINANCIAL GROUP | 80,000 | 73,520 |
| 5000 HSBC 6 7/8 PFD | ||
| 5000 M S CAP TRUST III 6 1/4 PFD | 125,000 | 109,450 |
| 5000 JP MORGAN CHASE CAP XI 5 7/8 PF | 125,000 | 124,950 |
| 4507 COMCAST | 34,252 | 105,689 |
| 3755 AIMCO 8 PFD | 93,875 | 94,926 |
| 10000 HSBC 6 PFD | ||
| 5000 JP MORGAN CHASE CAP XIV 6.2 PF | 125,000 | 126,150 |
| 10000 VORNADO REALTY TR SER E 7 PFD | 249,100 | 252,100 |
| 2000 TAUBMAN CENTER 8 PFD | 50,000 | 50,600 |
| 5000 GMAC 7 3/8 PFD | 125,000 | 109,100 |
| 5000 VORNADO REALTY TR SER G 6 5/8 P | 125,000 | 125,800 |
| 1000 LAZARD LTD | 25,000 | 27,340 |
| 161 PORTLAND GENERAL ELECTRIC | 3,951 | |
| 1264 ALCATEL LUCENT | 21,328 | 3,463 |
| 48880 NEW YORK COMMUNITY BANCORP | 529,500 | 650,593 |
| 95550 PEOPLES UNITED FINANCIAL | 1,231,889 | 1,218,262 |
| 700 VANGUARD NATURAL RESOURCES | 13,300 | 20,349 |
| 2000 ENCORE ENERGY PARTNERS | 42,000 | 43,220 |
| 6000 AMR CORP 7 7/8 PFD | 150,000 | 85,380 |
| 10000 GENERAL MOTORS 7 3/8 PFD | 129,518 | 3,800 |
| 38000 GENERAL MOTORS 7 3/8 PFD | 492,169 | 14,440 |
| 10000 G E CAPITAL CORP 6.1 PFD | 250,000 | 257,900 |
| 20000 GENERAL MOTORS 7 1/2 PFD | 259,036 | 7,600 |
| 290 DELTEK | 3,870 | 2,134 |
| 400 LUMBER LIQUIDATORS | 4,400 | 5,988 |
| 133 FAIRPOINT COMMUNICATIONS | ||
| 594 BOEING | 50,000 | 39,079 |
| 7307 CITIGROUP | 250,000 | 230,828 |
| 92595 JP MORGAN STRATEGIC INCOME OPP | 1,065,152 | 1,073,175 |
| 95551 JP MORGAN SHORT DURATION BOND | 1,038,958 | 1,050,101 |
| 12000 CORTS TRUST WEYERHAEUSER 6 PFD | 300,000 | 300,000 |
| 4000 CITIGROUP CAPITAL XII 8.5 PFD | ||
| 5000 JP MORGAN CHASE CAPITAL XXVIII | ||
| 10000 VORNADO REALTY TRUST SERIES J | 250,000 | 259,600 |
| 1000 AVALON BAY COMMUNITIIES | 110,065 | 133,690 |
| 5000 GENERAL MOTORS CONV PFD B | 236,502 | 209,000 |
| 250000 JP MORGAN CHASE 7.9 PFD | 248,125 | 269,178 |
| 7558 GENERAL MOTORS WARRANTS-CL A | 303,725 | 128,108 |
| 7558 GENERAL MOTORS WARRANTS-CL B | 234,346 | 89,184 |
| 8318 GENERAL MOTORS | 461,929 | 215,020 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ISRAEL BONDS | AT COST | 3,369,770 | 3,519,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE EQUIPMENT | 30,708 | 25,402 | 5,306 | 5,306 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LOAN TO J.E.C. AT 0% INTEREST | 100,000 | 100,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE | 5,655 | 5,655 | ||
| INSURANCE | 7,559 | 7,559 | ||
| DUES AND SUBSCRIPTIONS | 5,000 | 5,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 115,000 | 115,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 51,000 |