Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2010
For calendar year 2010, or tax year beginning 12-01-2010 , and ending 11-30-2011
G
Check all that apply:
Name of foundation
THE KUPFERBERG FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)131-38 SANFORD AVENUE   Room/suite
City or town, state, and ZIP code
FLUSHING, NY11355
A Employer identification number

11-6008915
B Telephone number (see page 10 of the instructions)

(718) 461-7000
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$11,614,457J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet
3 Interest on savings and temporary cash investments 105,208 105,208  
4 Dividends and interest from securities...... 304,331 304,331  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 41,814
b Gross sales price for all assets on line 6a 2,301,169
7 Capital gain net income (from Part IV, line 2)... 41,814
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 11,344 11,344  
12 Total. Add lines 1 through 11........ 462,697 462,697  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,440 8,580 0 2,860
c Other professional fees (attach schedule).... Click to see attachment 59,100 59,100 0 0
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 11,573 2,977 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 15,521 12,023 0 2,511
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 97,634 82,680 0 5,371
25 Contributions, gifts, grants paid........ 576,021 576,021
26 Total expenses and disbursements. Add lines 24 and 25 673,655 82,680 0 581,392
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -210,958
b Net investment income (if negative, enter -0-) 380,017
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 14,946 27,893 27,893
2 Savings and temporary cash investments.......... 1,495,512 1,400,698 1,397,339
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 4,106,951 Click to see attachment4,383,935 7,330,105
c Investments—corporate bonds (attach schedule)........ 3,148,020 Click to see attachment2,789,266 2,859,120
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,765,429 8,601,792 11,614,457
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 430,800 430,800
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 8,334,629 8,170,992
30 Total net assets or fund balances (see page 17 of the
instructions).................... 8,765,429 8,601,792
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 8,765,429 8,601,792
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 8,765,429
2 Enter amount from Part I, line 27a...................... 2 -210,958
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 47,321
4 Add lines 1, 2, and 3.......................... 4 8,601,792
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 8,601,792
Form 990-PF (2010)
Form 990-PF (2010)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a SINO FOREST CORPORATION-CL A P   2011-06-08
b PULTE GROUP INC. P   2011-09-12
c HALLIBURTON CO P   2011-10-06
d SINO FOREST CORPORATION-CL A P   2011-06-10
e LEGG MASON INC P   2011-10-07
SINO FOREST CORPORATION-CL A P   2011-06-09
PEABODY ENERGY CORP P   2011-10-11
AGNICO EAGLE MINES LTD P   2011-11-02
CISCO SYSTEMS INC P   2011-04-25
BAXTER INTERNATIONAL INC P   2011-02-23
GMAC LLC P   2011-03-02
ALBERTSON'S INC P   2011-02-15
ALPHA NATURAL RESOURCES INC P   2011-11-16
FOSTER'S GROUP LTD P   2011-08-24
ISHARES FTSE/XINHUA CHINA 25 P   2011-07-08
HEWLETT-PACKARD CO P   2011-05-20
MARRIOTT INTERNATIONAL INC P   2011-09-21
PEBBLEBROOK HOTEL TRUST P   2011-09-21
BROOKFIELD RESIDENTIAL PROPERTIES INC P   2011-09-21
FORD MOTOR CREDIT CO P   2011-02-01
REGENCY CENTERS CORP P   2011-11-28
OMEGA HEALTHCARE INVESTORS INC P   2011-09-21
S L GREEN REALTY CORP P   2011-09-21
EQUITY ONE P   2011-09-21
AMERICAN ASSETS TRUST INC P   2011-11-28
BROOKFIELD ASSET MANAGEMENT INC P   2011-09-21
BROOKFIELD OFFICE PROPERTIES INC P   2011-09-21
AMGEN INC P   2011-04-15
MACK CALI REALTY CORP P   2011-04-18
FOSTER'S GROUP LTD P   2011-10-07
ENTERTAINMENT PROPERTIES TRUST P   2011-04-18
AMERICAN ASSETS TRUST INC P   2011-03-07
KILROY REALTY CORP P   2011-01-19
HOST HOTELS & RESORTS INC P   2011-03-08
GENERAL GROWTH PROPERTIES INC P   2011-02-10
HCP, INC P   2011-03-07
MACK CALI REALTY CORP P   2011-03-08
DEVELOPERS DIVERSIFIED REALTY CORP P   2011-01-20
EQUITY RESIDENTIAL P   2011-01-19
BROOKFIELD PROPERTIES CORP P   2011-03-08
AMB PROPERTY CORP P   2011-01-19
VENTAS INC P   2011-03-08
OMEGA HEALTHCARE INVESTORS INC P   2011-01-14
SIMON PROPERTY GROUP INC P   2011-01-19
CAMDEN PROPERTY TRUST P   2011-01-19
NATIONWIDE HEALTH PROPERTIES INC P   2011-01-19
HOST HOTELS & RESORTS INC P   2011-01-20
PUBLIC STORAGE P   2011-01-19
GENERAL GROWTH PROPERTIES INC P   2011-02-22
KILROY REALTY CORP P   2011-01-20
VENTAS INC P   2011-07-07
OMEGA HEALTHCARE INVESTORS INC P   2011-03-08
FOREST CITY ENTERPRISES INC P   2011-02-09
FEDERAL REALTY INVESTMENT TRUST P   2011-03-07
FOREST CITY ENTERPRISES INC P   2011-02-10
REGENCY CENTERS CORP P   2011-03-08
EQUITY ONE P   2011-07-22
DEVELOPERS DIVERSIFIED REALTY CORP P   2011-07-06
SIMON PROPERTY GROUP INC P   2011-02-09
AMERICAN CAMPUS COMMUNITIES INC P   2011-03-08
CAMDEN PROPERTY TRUST P   2011-03-08
PROLOGIS P   2011-03-07
EQUITY RESIDENTIAL P   2011-02-22
AMERICAN CAMPUS COMMUNITIES INC P   2011-03-02
S L GREEN REALTY CORP P   2011-02-22
S L GREEN REALTY CORP P   2011-02-09
NATIONWIDE HEALTH PROPERTIES INC P   2011-03-07
DUKE REALTY CORP P   2011-07-06
SIMON PROPERTY GROUP INC P   2011-02-22
TANGER FACTORY OUTLET CENTERS INC P   2011-09-21
DUKE REALTY CORP P   2011-07-07
EXTRA SPACE STORAGE INC P   2011-02-09
NINTENDO LTD P   2011-01-07
DIGITAL REALTY TRUST INC P   2011-06-24
ORACLE CORP P   2011-06-09
EL PASO ELECTRIC CO P   2011-11-08
THE MOSAIC COMPANY P   2011-07-14
QUESTAR CORP P   2011-04-15
PFIZER INC P   2011-04-15
DEERE & CO P   2011-05-23
CALFRAC WELL SERVICES LTD P   2011-01-19
ORACLE CORP P   2011-07-15
FRANKLIN RESOURCE INC P   2011-03-01
SOCIEDAD QUIMICA MINERA DE CHILE P   2011-01-13
INVESCO LTD P   2011-03-01
CYPRESS SEMICONDUCTOR CORP P   2011-01-31
ALPHA NATURAL RESOURCES INC P   2011-11-16
JPM TREAS & AGENCY FD - SEL P   2011-07-18
YASKAWA ELECTRIC CORP P   2011-10-12
BAYER A G P   2011-09-09
ECHOSTAR DBS CORPORATION P   2011-10-03
BAYER A G P   2011-08-23
PROLOGIS INC P   2011-06-21
VENTAS INC P   2011-07-21
VALIDUS HOLDINGS LTD P   2010-12-16
ALLIANT CORP P   2011-10-31
GOLDCORP INC P   2011-08-16
ALLIANT CORP P   2011-04-15
CISCO SYSTEMS INC P   2011-04-25
GOLDCORP INC P   2011-04-15
MONSANTO CO P   2011-11-08
BAYER A G P   2011-05-11
RAYTHEON CO P   2011-01-18
FOSTER'S GROUP LTD P   2011-10-07
VALIDUS HOLDINGS LTD P   2011-03-16
CENTRAL FUND CANADA LTD CL A P   2011-04-15
MARSH & MCLENNAN COMPANIES INC P   2011-01-06
CENTRAL FUND CANADA LTD CL A P   2011-08-16
ALLIANT CORP P   2011-11-01
PHILIP MORRIS INTERNATIONAL P   2011-05-17
CBS CORP P   2010-12-29
INTERNATIONAL BUSINESS MACHINES CORP P   2011-07-12
CALFRAC WELL SERVICES LTD P   2011-05-23
NSTAR P   2011-04-15
NORFOLK SOUTHERN CORP P   2011-05-09
ICONIX BRAND GROUP INC P   2011-05-25
SPDR GOLD TRUST P   2011-09-19
WISDOMTREE INDIA EARNINGS FUND P   2011-01-27
WYNN RESORTS LTD P   2011-06-16
NORFOLK SOUTHERN CORP P   2011-10-21
SOCIEDAD QUIMICA MINERA DE CHILE P   2011-01-13
EVEREST RE GROUP LTD P   2011-05-09
ORACLE CORP P   2011-03-08
CNOOC LTD P   2011-04-25
ISHARES FTSE/XINHUA CHINA 25 P   2011-07-08
WYNN RESORTS LTD P   2011-06-28
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 6,356   25,669 -19,313
b 17,362   35,499 -18,137
c 23,358   40,046 -16,688
d 3,620   19,192 -15,572
e 28,501   42,231 -13,730
6,743   20,321 -13,578
27,997   40,900 -12,903
21,608   32,009 -10,401
50,728   57,272 -6,544
31,555   34,793 -3,238
100,000   102,750 -2,750
75,000   77,063 -2,063
5,487   7,474 -1,987
11,708   13,571 -1,863
66,431   68,030 -1,599
13,110   14,587 -1,477
3,196   4,569 -1,373
3,599   4,793 -1,194
2,461   3,548 -1,087
50,000   51,009 -1,009
3,021   3,554 -533
2,410   2,926 -516
1,778   2,093 -315
4,411   4,719 -308
3,544   3,759 -215
1,453   1,658 -205
2,450   2,623 -173
5,982   6,124 -142
4,232   4,332 -100
38,000   38,089 -89
3,166   3,230 -64
1,582   1,620 -38
2,230   2,263 -33
892   919 -27
1,131   1,148 -17
909   924 -15
1,011   1,026 -15
398   413 -15
501   512 -11
867   878 -11
647   654 -7
1,317   1,322 -5
222   225 -3
489   490 -1
268   268  
362   360 2
370   368 2
512   508 4
388   383 5
1,521   1,509 12
2,075   2,062 13
1,143   1,126 17
1,736   1,704 32
1,216   1,172 44
1,581   1,534 47
1,093   1,045 48
774   726 48
2,121   2,070 51
1,035   980 55
2,271   2,213 58
1,132   1,073 59
1,162   1,095 67
1,625   1,536 89
3,271   3,162 109
1,470   1,359 111
1,822   1,699 123
1,209   1,080 129
1,408   1,268 140
1,617   1,470 147
2,768   2,595 173
2,004   1,775 229
3,303   3,031 272
39,397   38,899 498
3,114   2,550 564
3,870   2,910 960
19,365   18,051 1,314
14,743   13,184 1,559
20,390   18,793 1,597
10,515   8,298 2,217
15,312   12,478 2,834
22,582   19,383 3,199
16,995   12,609 4,386
24,677   19,720 4,957
14,998   9,434 5,564
25,536   19,932 5,604
24,416   12,847 11,569
48,490   66,051 -17,561
400,000   413,412 -13,412
31,043   40,562 -9,519
12,682   17,460 -4,778
100,000   104,125 -4,125
1,252   1,436 -184
27     27
46     46
2,220   1,825 395
2,450   1,956 494
2,947   2,442 505
4,570   3,911 659
689     689
3,180   2,442 738
4,339   200 4,139
5,996   5,027 969
15,952   14,942 1,010
1,048     1,048
6,789   5,522 1,267
4,931   3,037 1,894
23,064   20,982 2,082
5,831   3,451 2,380
16,473   13,038 3,435
20,426   15,712 4,714
255,870   250,625 5,245
17,646   12,098 5,548
21,524   14,453 7,071
25,395   17,927 7,468
14,512   6,814 7,698
27,148   19,363 7,785
17,706   9,376 8,330
37,776   29,066 8,710
16,222   6,999 9,223
17,023   7,785 9,238
26,855   16,892 9,963
45,335   34,594 10,741
26,419   14,929 11,490
48,870   33,618 15,252
17,224     17,224
42,569   18,197 24,372
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -19,313
b       -18,137
c       -16,688
d       -15,572
e       -13,730
      -13,578
      -12,903
      -10,401
      -6,544
      -3,238
      -2,750
      -2,063
      -1,987
      -1,863
      -1,599
      -1,477
      -1,373
      -1,194
      -1,087
      -1,009
      -533
      -516
      -315
      -308
      -215
      -205
      -173
      -142
      -100
      -89
      -64
      -38
      -33
      -27
      -17
      -15
      -15
      -15
      -11
      -11
      -7
      -5
      -3
      -1
       
      2
      2
      4
      5
      12
      13
      17
      32
      44
      47
      48
      48
      51
      55
      58
      59
      67
      89
      109
      111
      123
      129
      140
      147
      173
      229
      272
      498
      564
      960
      1,314
      1,559
      1,597
      2,217
      2,834
      3,199
      4,386
      4,957
      5,564
      5,604
      11,569
      -17,561
      -13,412
      -9,519
      -4,778
      -4,125
      -184
      27
      46
      395
      494
      505
      659
      689
      738
      4,139
      969
      1,010
      1,048
      1,267
      1,894
      2,082
      2,380
      3,435
      4,714
      5,245
      5,548
      7,071
      7,468
      7,698
      7,785
      8,330
      8,710
      9,223
      9,238
      9,963
      10,741
      11,490
      15,252
      17,224
      24,372
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 41,814
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2009 509,941 12,022,403 0.042416
2008 618,503 10,622,700 0.058225
2007 625,985 12,446,951 0.050292
2006 577,376 12,690,444 0.045497
2005 562,199 12,036,820 0.046707
2 Total of line 1, column (d) ...................... 2 0.243137
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.048627
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 12,688,706
5 Multiply line 4 by line 3....................... 5 617,014
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,800
7 Add lines 5 and 6......................... 7 620,814
8 Enter qualifying distributions from Part XII, line 4.............. 8 581,392
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2010)
Form 990-PF (2010)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 7,600
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 7,600
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,600
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 12,400
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,400
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,800
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet4,800 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletNY
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMAX KUPFERBERG Telephone no.bullet (718) 461-7000
    Located atbullet131-38 SANFORD AVEFLUSHINGNY ZIP+4bullet11355
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    MAX KUPFERBERG PRESIDENT
    5.0     		0 0 0
    131-38 SANFORD AVENUE
    FLUSHING,NY11355
    MARTIN KUPFERBERG TRUSTEE
    5.0     		0 0 0
    131-38 SANFORD AVENUE
    FLUSHING,NY11355
    SAUL KUPFERBERG TRUSTEE
    5.0     		0 0 0
    131-38 SANFORD AVENUE
    FLUSHING,NY11355
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NOT APPLICABLE  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    11,780,051
    b
    Average of monthly cash balances.......................
    1b
    1,101,884
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,881,935
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d..........................
    3
    12,881,935
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    193,229
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    12,688,706
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    634,435
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    634,435
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    7,600
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,600
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    626,835
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4.............................
    5
    626,835
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    626,835
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    581,392
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    581,392
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    581,392
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2009     		(c)
    2009     		(d)
    2010
    1 Distributable amount for 2010 from Part XI, line 7 626,835
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 565,935
    b Total for prior years:2008, 2007, 2006  
    3 Excess distributions carryover, if any, to 2010:
    a From 2005....... 0
    b From 2006....... 0
    c From 2007....... 0
    d From 2008....... 0
    e From 2009....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 581,392
    a Applied to 2009, but not more than line 2a 565,935
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2010 distributable amount..... 15,457
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2010. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		611,378
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2006....  
    b Excess from 2007.... 0
    c Excess from 2008.... 0
    d Excess from 2009.... 0
    e Excess from 2010.... 0
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    MAX KUPFERBERG
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NOT APPLICABLE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ANTI DEFAMATION LEAGUE OF B'NAI B'RITH
    823 UNITED NATIONS PLAZA
    NEW YORK,NY10017     		NO RELATIONSHIP PUBLIC CHARITY GENERAL 5,000
    CALVARY FUND INC OF CALVARY HOSPITAL
    1740 EASTCHESTER RD
    BRONX,NY10461     		NO RELATIONSHIP PUBLIC CHARITY GENERAL 5,000
    CONSERVATIVE SYNAGOGUE OF 5TH AVENUE
    11 EAST 11 ST
    NEW YORK,NY10003     		NO RELATIONSHIP PUBLIC CHARITY GENERAL 3,000
    CROHNS&COLITIS FOUNDATION OF AMERICA INC-LI CHAPT
    585 STEWART AVENUE-SUITE 414
    GARDEN CITY,NY11530     		NO RELATIONSHIP PUBLIC CHARITY GENERAL 3,000
    FLUSHING HOSPITAL MEDICAL CENTER
    45TH AVE PARSONS BLVD
    FLUSHING,NY11355     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 15,000
    LEARNING LEADERS
    80 MAIDEN LANE-SUITE 11
    NEW YORK,NY100384729     		NO RELATIONSHIP PUBLIC CHARITY GENERAL 2,000
    MATAN INC
    333 MARARONECK AE-SUITE 342
    WHITE PLAINS,NY10605     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 9,000
    NEW YORK HALL & SCIENCE
    342 MADISON AVE - SUITE 1133
    NEW YORK,NY10173     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 125,000
    NS- LIJ HEALTH SYSTEM FOUNDATION
    300 COMMUNITY DRIVE
    MANHASSET,NY11030     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 55,000
    QUEENS BOTANICAL GARDEN
    43-50 MAIN ST
    FLUSHING,NY11355     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 12,000
    QUEENS COLLEGE FOUNDATION
    COLDEN CENTER PERF ARTS
    FLUSHING,NY11367     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 115,000
    QUEENS LIBRARY FOUNDATION
    89-11 MERRICK AVE
    JAMACIA,NY11432     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 5,000
    QUEENS MUSEUM OF ART
    NYC BLDG-FLUSHING MEADOW PK
    FLUSHING,NY11368     		NO RELATIONSHIP PUBLIC CHARITY GENERAL 3,000
    QUEENS THEATRE IN THE PARK
    PO BOX 520069
    FLUSHING,NY11352     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 3,000
    QUEENSBORO COMMUNITY COLLEGE FUND
    222-05 56 AVE
    BAYSIDE,NY11364     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 20,000
    SAFE SPACE
    295 LAFAYETTE ST - SUITE 920
    NEW YORK,NY10012     		NO RELATIONSHIP PUBLIC CHARITY GENERAL 12,000
    SELF HELP COMMUNITY SERVICES INC
    42-25 KISSENA BLVD
    FLUSHING,NY11355     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 3,000
    SOLOMON SCHECTER SCHOOL OF MANHATTAN
    50 EAST 87TH STREET
    NEW YORK,NY10128     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 35,000
    ST FRANCIS HOSPITAL
    100 PORT WASHINGTON BLVD
    ROSLYN,NY11576     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 5,000
    TELECARE
    PO BOX 158
    UNIONDALE,NY115530158     		NO RELATIONSHIP PUBLIC CHARITY GENERAL 1,000
    TEMPLE BETH SHOLOM
    171-39 NORTHERN BLVD
    FLUSHING,NY11358     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 15,000
    THE FOUNDATION FIGHTING BLINDNESS
    11350 MC CORMICK RD
    HUNT VALLEY,MD21031     		NO RELATIONSHIP PUBLIC CHARITY GENERAL 15,000
    THEODORE ROOSEVELT COUNCIL BSA
    544 BROADWAY
    MASSAPEQUA,NY11758     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 5,000
    THIRTEEN WNET NEW YORK
    450 WEST 33RD STREET
    NEW YORK,NY10001     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 4,000
    VISITNG NURSE SERVICE OF NY
    107 EAST 70TH ST
    NEW YORK,NY10021     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 3,000
    AUTISM SPEAKS
    181 WESTCHESTER AVE
    PORT CHESTER,NY10573     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 20,000
    SCHEPENS EYE RESEARCH INSTITUTE
    20 STANIFORD STREET
    BOSTON,MA02114     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 10,000
    ACKERMAN INSTITUTE FOR FAMILY THERAPY
    149 EAST 78TH STREET
    NEW YORK,NY10021     		NO RELATIONSHIP PUBLIC CHARITY GENERAL 3,000
    GARDEN SCHOOL
    33-16 79TH STREET
    JACKSON HEIGHTS,NY11372     		NO RELATIONSHIP PUBLIC CHARITY GENERAL 1,000
    RAMAPO FOR CHILDREN
    PO Box 266 Rt 52 / Salisbury Tu
    Rhinebeck,NY12572     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 12,000
    INTERNATIONAL RESCUE COMMITTEE
    122 EAST 42ND ST
    NEW YORK,NY10168     		NO RELATIONSHIP PUBLIC CHARITY GENERAL 2,000
    NEW YORK HALL OF SCIENCE
    342 MADISON AVE - SUITE 1133
    NEW YORK,NY10173     		NO RELATIONSHIP PUBLIC CHARITY RESTRICTED 50,021
    Total .................................bullet 3a 576,021
    bApproved for future payment
    Total ..................................bullet 3b  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 106,726  
    4 Dividends and interest from securities....     14 305,186  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....     18 11,167  
    8Gain or (loss) from sales of assets other than inventory     18 47,311  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   470,390  
    13Total. Add line 12, columns (b), (d), and (e)...................
    13470,390
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    1 NOT APPLICABLE
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2010)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2010 AccountingFeesSchedule
    Name:
    THE KUPFERBERG FOUNDATION
    EIN: 11-6008915
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT THORNTON LLP 11,440 8,580 0 2,860

    TY 2010 AllOthProgRltdInvestmentsSch
    Name:
    THE KUPFERBERG FOUNDATION
    EIN: 11-6008915
    Category Amount
    NONE  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2010 DepreciationSchedule
    Name:
    THE KUPFERBERG FOUNDATION
    EIN: 11-6008915
    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

    TY 2010 InvestmentsCorpBondsSchedule
    Name:
    THE KUPFERBERG FOUNDATION
    EIN: 11-6008915
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CITIGROUP FUNDING INC 49,860 51,078
    IBM CORP 50,327 51,056
    METLIFE INC 50,506 50,818
    NOVARTIS CAPITAL CORP 51,534 53,532
    UNILEVER CAPITAL CORP 51,375 53,051
    PEPSICO INC 51,248 53,250
    ELI LILLY & CO 52,307 53,751
    COCO COLA CO 51,572 53,137
    UNITED PARCEL SERVICE 51,562 53,465
    U S A BONDS 25,485 28,212
    WALMART STORES INC 49,596 52,780
    STATE STREET CORP 50,409 53,565
    JPMORGAN CHASE & CO 49,662 52,891
    GOLDMAN SACHS GROUP INC 47,437 45,471
    ABBOTT LABORATORIES 51,753 52,376
    DIAGEO CAPITAL PLC 52,177 52,499
    BHP BILLITON FINANCE 51,451 52,847
    JPMORGAN STRATEGIC INCOME 575,000 569,149
    JPMORGAN TRSRY & ANGCY FUND 131,638 128,494
    U S A BONDS 127,595 141,060
    SIMON PROPERTY GROUP LP 250,000 275,668
    U S A BONDS 129,635 156,548
    INTL FINANCE DORP - BRL 111,387 114,277
    JPM SHORT DURATION BOND FUND 400,000 397,824
    JPMORGAN TR 125,000 121,204
    ROYAL BANK OF SCOTLAND GROUP 100,750 91,117

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    THE KUPFERBERG FOUNDATION
    EIN: 11-6008915
    Name of Stock End of Year Book Value End of Year Fair Market Value
    LTV CORP 33,940 4
    MERITOR SAVINGS BANK 136,252 85,200
    MONSANTO CO 5,422 129,713
    OCCIDENTAL PETROLEUM 104,778 741,750
    NY COMNTY BANCORP, INC 807,521 2,202,321
    ABBOT LABORATORIES 88,501 109,100
    AMGEN INC 57,518 57,910
    ANADARCO PETROLEUM CORP 67,226 146,286
    APACHE CORP 47,309 59,664
    ASSURANT INC 54,346 66,708
    CABOT OIL & GAS CORP 44,065 119,597
    DEVON ENERGY CORP 89,878 85,098
    EOG RESOURCES INC 27,206 36,309
    HEWLETT-PACKARD CO 68,572 54,503
    INT BUSINESS MACHINES CORP 55,827 112,800
    LINCOLN NATIONAL CORP 27,430 30,270
    LOEWS CORP 34,333 49,959
    OCCIDENTAL PETROLEUM CORP 37,144 59,340
    ORACLE CORP 39,980 78,375
    REINSURANCE GROUP AMERICA 33,628 51,500
    THE TRAVELERS COMPANIES 86,432 112,500
    UNION PACIFIC CORP 56,065 155,115
    XEROX CORP 56,643 89,650
    ACE LTD NEW 35,665 55,624
    ALPHA NATURAL RESOURCES INC 38,134 47,400
    APOLLO INVESTMENT CORP 44,731 29,561
    CYPRESS SEMICONDUCTORS CORP 23,017 41,001
    E M C CORP MASS 32,723 46,020
    FRANKLIN RESOURCE INC 56,362 55,451
    GOOGLE INC 55,399 77,921
    JOHNSON & JOHNSON 57,003 67,956
    NORFOLK SOUTHERN CORP 16,054 41,547
    PHILIP MORRIS INTERNATIONAL 31,554 60,992
    RANGE RESOURCES CORP 51,610 93,223
    SCHLUMBERGER LTD 44,764 60,264
    SOUTHWESTERN ENERGY CO 22,031 24,733
    UNITED PARCEL SERVICES INC 57,917 75,338
    VALMONT INDUSTRIES INC 39,539 42,590
    CENOVUS ENERGY INC 53,416 66,780
    CRESCENT POINT ENERGY CORP 63,479 65,429
    GOLDCORP INC 47,683 60,401
    INVESCO LTD 34,347 36,450
    ISHARES MSCI JAPAN INDEX FUND 37,178 34,891
    KUBOTA LTD 66,660 67,500
    POTASH CORP SASKATCHEWAN INC 39,601 45,507
    SANOFI-SYNTHELABO SA 61,507 63,018
    SPDR GOLD TRUST 45,694 85,065
    UNILEVER N V 55,622 69,926
    E-HOUSE CHINA HOLDINGS 37,913 11,436
    SOCIEDAD QUIMICA MNERA D CHILE 20,829 43,005
    AMGEN INC 11,938 12,740
    MICROSOFT CORP 24,700 21,231
    MONSANTO CO 18,389 22,770
    NOBLE ENERGY INC 14,601 20,662
    PFIZER INC 9,437 11,641
    SEMPRA ENERGY 17,218 20,212
    BCE INC 13,322 21,555
    CENTRAL FUND CANADA LTD CL A 10,768 17,417
    GOLDCORP INC 15,464 20,402
    NOVARTIS A G 22,554 21,648
    SYNGENTA AG 12,334 14,730
    BLACKROCK INC 44,906 51,612
    BOEING CO 55,026 61,821
    CENTURYLINK INC 42,606 39,396
    FMC TECHNOLOGIES INC 66,788 81,158
    HONEYWELL INTERNATIONAL INC 40,452 51,443
    LINEAR TECHNOLOGY CORP 67,331 61,260
    MICROCHIP TECHNOLOGY INC 44,632 47,129
    SILVER WHEATON CORPORATION 43,848 40,296
    TREASURY WINE ESTATES LTD 30,260 47,419
    AT&T INC 18,764 19,127
    EOG RESOURCES INC 26,525 25,935
    NOVARTIS A G 40,901 37,884
    GREAT PLAINS ENERGY INC 17,235 17,463
    JC PENNY INC 27,585 26,593
    MEDTRONIC INC 26,351 25,137
    NEXTERA ENERGY INC 20,087 20,513
    PG&E CORPORATION 17,526 14,759
    POTASH CORP SASKATCHEWAN INC 23,515 17,336
    SCHLUMBERGER LTD 17,569 17,326
    BROOKFIELD ASSET MGMT INC 5,636 4,716
    BROOKFIELD OFFICE PROPERTIES 5,757 4,861
    STARWOOD HOTELS & RESORTS 9,876 7,629
    METLIFE INC 25,950 18,888
    ALEXANDRIA REAL ESTATE EQUITIE 6,002 5,245
    AVALONBAY COMMUNITIES INC 10,027 11,237
    BOSTON PROPERTIES INC 17,684 19,076
    BRE PROPERTIES INC CL A 5,823 6,083
    CAMDEN PROPERTY TRUST 7,792 8,082
    DEVELOPERS DIVERSIFIED REALTY 6,268 5,319
    DIGITAL REALTY TRUST INC 5,099 6,350
    DUPONT FAVROS TECHNOLOGY 5,667 6,083
    EASTGROUP PROPERTIES INC 6,005 6,173
    EQUITY RESIDENTIAL 11,776 12,694
    ESSEX PROPERTY TRUST INC 6,034 6,643
    FEDERAL REALTY INVESTMENT TRUS 7,160 7,959
    GENERAL GROWTH PROPERTIES INC 5,967 5,491
    HCP, INC 12,383 12,948
    HEALTH CARE REIT INC 9,214 9,532
    HOST HOTELS & RESORTS INC 9,372 7,217
    KILROY REALTY CORP 7,645 7,218
    MACERICH CO 8,956 9,269
    PROLOGIS INC 14,027 11,907
    PUBLIC STORAGE 17,962 23,083
    RAYONIER INC 6,097 6,706
    SL GREEN REALTY CORP 5,695 5,267
    SIMON PROPERTY GROUP INC 24,500 31,085
    STRATEGIC HOTELS & RESORTS INC 3,283 2,510
    TANGER FACTORY OUTLET CENTERS 5,499 6,095
    TAUBMAN CENTERS INC 5,250 6,233
    UDR INC 8,512 7,638
    URSTADT BIDDLE PROPERTIES INC 7,487 7,592
    VENTAS INC 7,200 13,770
    VORNADO REALTY TRUST 9,250 8,190

    TY 2010 LandEtcSchedule2
    Name:
    THE KUPFERBERG FOUNDATION
    EIN: 11-6008915
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2010 OtherExpensesSchedule
    Name:
    THE KUPFERBERG FOUNDATION
    EIN: 11-6008915
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NYS FILING FEE 750 0 0 0
    OFFICE EXPENSES 10,043 7,532 0 2,511
    BANK FEES 4,491 4,491 0 0
    PENALTIES 237 0 0 0


    TY 2010 OtherIncomeSchedule2
    Name:
    THE KUPFERBERG FOUNDATION
    EIN: 11-6008915
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INVESTMENT INCOME 11,344 11,344  


    TY 2010 OtherIncreasesSchedule
    Name:
    THE KUPFERBERG FOUNDATION
    EIN: 11-6008915
    Description Amount
    ACCOUNTING ADJUSTMENT 47,321


    TY 2010 OtherProfessionalFeesSchedule
    Name:
    THE KUPFERBERG FOUNDATION
    EIN: 11-6008915
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BROKER FEES 59,100 59,100 0 0


    TY 2010 TaxesSchedule
    Name:
    THE KUPFERBERG FOUNDATION
    EIN: 11-6008915
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 8,596 0 0 0
    FOREIGN TAXES 2,977 2,977 0 0