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
2011
For calendar year 2011, or tax year beginning 09-01-2011 , and ending 08-31-2012
G
Check all that apply:
Name of foundation
POSEL FOUNDATION
 
% POSEL FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)212 WALNUT STREET   Room/suite
City or town, state, and ZIP code
PHILADELPHIA, PA19106
A Employer identification number

23-2581520
B Telephone number (see page 10 of the instructions)

(215) 627-0900
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$2,254,607J 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      
4 Dividends and interest from securities...... 60,953 60,953  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 32,070
b Gross sales price for all assets on line 6a 396,008
7 Capital gain net income (from Part IV, line 2)... 32,070
8 Net short-term capital gain......... 1,192
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).......      
12 Total. Add lines 1 through 11........ 93,023 93,023 1,192
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 10,329 10,329 0 0
b Accounting fees (attach schedule)....... Click to see attachment 2,300 2,300 0 0
c Other professional fees (attach schedule).... Click to see attachment 2,296 2,296    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 1,126 1,126    
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 5,440 5,440    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 21,491 21,491 0 0
25 Contributions, gifts, grants paid........ 410,100 410,100
26 Total expenses and disbursements. Add lines 24 and 25 431,591 21,491 0 410,100
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -338,568
b Net investment income (if negative, enter -0-) 71,532
c Adjusted net income (if negative, enter -0-)... 1,192
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
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............... 49,521 34,164 34,164
2 Savings and temporary cash investments..........      
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) 99,792 Click to see attachment49,854 52,814
b Investments—corporate stock (attach schedule)........ 377,233 Click to see attachment260,784 321,988
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,811,343 Click to see attachment1,654,519 1,845,641
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) 2,337,889 1,999,321 2,254,607
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
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,337,889 1,999,321
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,337,889 1,999,321
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 2,337,889
2 Enter amount from Part I, line 27a..................... 2 -338,568
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 1,999,321
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 1,999,321
Form 990-PF (2011)
Form 990-PF (2011)
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 3M COMPANY P 2005-06-23 2011-12-08
b ALTRIA GROUP INC. P 2010-03-08 2012-02-06
c BLACKROCK FUNDS HIGH YIELD BOND PORT INST. CLASS FUND 318 P 2010-11-22 2012-02-06
d BLACKROCK FUNDS HIGH YIELD BOND PORT INST. CLASS FUND 318 P 2011-09-14 2012-02-06
e FEDERAL REALTY INVESTORS TRUST S/B/I P 2002-05-13 2012-02-06
GENERAL MILLS, INC. P 2010-02-03 2012-02-06
HASBRO INC P 2008-11-05 2012-02-06
I-SHARES TRUST MSCI EMERGING MARKETS FUND P 2008-11-05 2012-02-06
I-SHARES LEHMAN 7-10 YEAR TREASURY BOND FUND P 2010-02-03 2012-02-06
I-SHARES MSCI EAFE INDEX FUND P 2006-10-10 2012-02-06
JP MORGAN CHASE & CO. P 2005-06-23 2012-02-06
JOHNSON & JOHNSON P 2005-06-23 2012-02-06
MERCK & CO. P 2005-06-23 2012-02-06
PFIZER, INC. P 2005-06-23 2012-02-06
AT&T INC. P 2005-06-23 2012-04-02
BAIRD AGGREGATE BOND FUND P 2010-11-22 2012-04-02
CHUBB CORPORATION P 2005-06-23 2012-04-02
COCA-COLA CO., INC. P 2007-05-10 2012-04-02
I-SHARES TRUST MSCI EMERGING MARKETS INDEX FUND P 2008-11-05 2012-04-02
3M COMPANY P 2005-06-23 2012-04-02
FEDERAL HOME LOAN BKS 5.3% DUE 4/11/2017 P 2007-04-10 2012-04-11
VANGUARD LONG TERM BOND INDEX FUND #522   2006-10-20 2012-01-30
VANGUARD LONG TERM BNG INDEX FUND #522   2010-12-30 2012-01-30
VANGUARD TOTAL INTERNATIONAL FUND #113   2006-10-09 2012-03-12
VANGUARD TOTAL INTERNATIONAL FUND #113   2006-10-20 2012-03-12
VANGUARD INDEX TRUST SMALL CAP STOCK FUND #48   2006-10-09 2012-03-12
I-SHARES MSCI EAFE INDEX FUND   2006-10-10 2011-11-07
BANK NEW YORK MELLON CORP   2005-06-23 2011-12-08
FEDERAL REALTY INVESTORS TRUST S/B/I   2002-05-13 2011-12-08
INTERNATIONAL BUSINESS MACHINES CORPORATION   2010-02-03 2011-12-08
PHILIP MORRIS INTERNATIONAL   2007-05-10 2011-12-08
CAPITAL GAIN DIVIDENDS P    
(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 4,090   3,846 244
b 14,330   10,548 3,782
c 15,178   15,010 168
d 26,192   25,000 1,192
e 19,200   11,540 7,660
7,974   7,085 889
18,370   13,936 4,434
4,331   2,496 1,835
15,802   13,501 2,301
13,122   16,693 -3,571
5,712   5,426 286
6,535   6,565 -30
3,829   3,157 672
3,034   4,172 -1,138
3,136   2,023 1,113
5,000   5,024 -24
6,932   4,222 2,710
3,694   2,637 1,057
2,155   1,248 907
4,435   3,846 589
50,000   49,938 62
23,975   19,615 4,360
1,025   873 152
30,618   33,896 -3,278
9,382   10,647 -1,265
40,000   32,978 7,022
25,735   34,068 -8,333
7,832   11,400 -3,568
4,471   2,885 1,586
3,870   2,522 1,348
11,281   7,141 4,140
      4,768
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       244
b       3,782
c       168
d       1,192
e       7,660
      889
      4,434
      1,835
      2,301
      -3,571
      286
      -30
      672
      -1,138
      1,113
      -24
      2,710
      1,057
      907
      589
      62
      4,360
      152
      -3,278
      -1,265
      7,022
      -8,333
      -3,568
      1,586
      1,348
      4,140
       
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 32,070
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 1,192
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))
2010 362,478 2,616,449 0.138538
2009 433,298 2,661,509 0.162802
2008 395,321 2,610,489 0.151436
2007 389,302 3,799,227 0.102469
2006 295,855 4,040,699 0.073219
2 Total of line 1, column (d) ...................... 2 0.628464
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 0.125693
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 2,289,288
5 Multiply line 4 by line 3....................... 5 287,747
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 715
7 Add lines 5 and 6......................... 7 288,462
8 Enter qualifying distributions from Part XII, line 4.............. 8 410,100
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 (2011)
Form 990-PF (2011)
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 1 715
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............................ 3 715
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- ..... 5 715
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 960
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.............. 7 960
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 10 245
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet245 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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)bulletPA
    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 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
    Yes
     
    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 ofbulletPOSEL FOUNDATION Telephone no.bullet (215) 627-0900
    Located atbullet212 WALNUT STREETPHILADELPHIAPA ZIP+4bullet19106
    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 2011, 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 (2011)
    Form 990-PF (2011)
    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
     
     
    .........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 2011?.............
    1c
     
     
    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 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    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 2011 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 2011.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
     
    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 2011?
    4b
     
     
    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 (2011)
    Form 990-PF (2011)
    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
    DOROTHEA POSEL PRESIDENT
    0     		0    
    212 WALNUT STREET
    PHILADELPHIA,PA19030
    DANIEL POSEL VICE PRESIDENT
    0     		0    
    3476 Ben Lomond Place
    Los Angeles,CA90027
    ANNE POSEL SECRETARY
    0     		0    
    212 WALNUT STREET
    PHILADELPHIA,PA19106
    BENJAMIN POSEL TREASURER
    0     		0    
    212 WALNUT STREET
    PHILADELPHIA,PA19106
    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 N/A 0
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    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  
    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
    2,289,505
    b
    Average of monthly cash balances.......................
    1b
    34,645
    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
    2,324,150
    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
    2,324,150
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    34,862
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,289,288
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    114,464
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
     
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
    410,100
    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
    410,100
    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
    715
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    409,385
    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 (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 0
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 0
    b Total for prior years:2009, 2008, 2007  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006....... 105,659
    b From 2007....... 201,787
    c From 2008....... 266,405
    d From 2009....... 301,227
    e From 2010....... 363,400
    fTotal of lines 3a through e......... 1,238,478
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 410,100
    a Applied to 2010, but not more than line 2a 0
    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 2011 distributable amount.....  
    e Remaining amount distributed out of corpus 410,100
    5 Excess distributions carryover applied to 2011.    
    (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 1,648,578
    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 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    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 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		105,659
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		1,542,919
    10 Analysis of line 9:
    a Excess from 2007.... 201,787
    b Excess from 2008.... 266,405
    c Excess from 2009.... 301,227
    d Excess from 2010.... 363,400
    e Excess from 2011.... 410,100
    Form 990-PF (2011)
    Form 990-PF (2011)
    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 2011, 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) 2011 (b) 2010 (c) 2009 (d) 2008
    1,192 1,643     2,835
    b 85% of line 2a ......... 1,013 1,397     2,410
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		410,100 363,400     773,500
    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 ....     		410,100 363,400     773,500
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ...... 2,254,607 2,445,219     4,699,826
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    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) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    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).)
    SIDNEY L POSEL
    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.
    NONE
    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 (2011)
    Form 990-PF (2011)
    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
    DOCTORS WITHOUT BORDERS USA
    PO Box 5022
    Suite 1002
    Hagerstown,MD21741     		    International medical humanitarian organization. 2,000
    COALITION FOR THE HOMELESS
    129 Fulton Street
    New York,NY10038     		    Aids New York City's homeless population 2,000
    NYPIRG
    9 Murray Street
    New York,NY100072223     		    Student-directed organization focused on environmental protection. 1,000
    WATERFRONT MUSEUM
    290 Conover Street
    Brooklyn,NY11231     		    Provides programs, in education and culture, aboard a historic vessel 500
    OBERLIN COLLEGE
    173 West Lorain Street
    3rd Fl
    Oberlin,OH44074     		    Higher education institution 500
    INTERNATIONAL RESCUE COMMITTEE
    1730 M Street NW
    Washington,DC20036     		    Provides relief, respect and renewal to refugees and victims of armed conflict around the world 2,000
    THE NATURE CONSERVANCY
    507 Seventh Avenue
    New York,NY10018     		    Helps preserve threatened natural lands 1,200
    STUDENT CONSERVATION ASSOCIATION
    PO Box 550
    Charlestown,NH03603     		    Contributions enable student volunteers to help preserve national parks and forests 1,200
    THE LEGAL AID SOCIETY
    15 Park Row
    Suite 601
    New York,NY10273     		    Provides Legal Services to the needy 1,200
    STANLEY ISAACS NEIGHBORHOOD CENTER
    415 E 93rd Street
    Suite 150
    New York,NY101286904     		    Provides services to the elderly, families, youth, etc. 1,200
    THE NEW YORK PUBLIC LIBRARY
    576 Fifth Avenue
    Box 351150
    New York,NY10138     		    Purchase books and maintain public library 600
    THE SALVATION ARMY OF GREATER NY
    120 W 14th Street
    Suite B
    New York,NY10011     		    To restore the needy to a status of well-being 2,400
    METROPOLITAN COUNCIL ON JEWISH POVERTY
    80 Maiden Lane
    New York,NY10038     		    To fight poverty through comprehensive social services 1,200
    WORLD WILDLIFE FUND
    1250 24th Street NW
    Washington,DC200777788     		    Helps save endangered species 1,200
    GODDARD RIVERSIDE COMMUNITY CENTER
    593 Columbus avenue
    21st Floor
    New York,NY10024     		    Aged-oriented charity 1,200
    THE FORTUNE SOCIETY
    39 W 19th Street
    PO Box 96555
    New York,NY10114     		    Provides help for ex-offenders 1,200
    MADD
    PO Box 10165
    Suite 706
    Des Moines,IA503400165     		    Dedicated to prevention of drunk driving 600
    THE HUMANE FARMING ASSOCIATION
    PO Box 3577
    San Rafael,CA949128902     		    Protects farm animals 600
    FOOD BANK FOR NEW YORK CITY
    39 Broadway
    Suite 700
    New York,NY10006     		    Helps feed the hungry in NYC for young people 1,200
    THE WILDERNESS SOCIETY
    900 17th Street NW
    Suite 110
    Washington,DC20006     		    Preserves and protects endangered wilderness lands 1,200
    SEARCH AND CARE
    316 E 88th Street
    10th Floor
    New York,NY10128     		    Provides services to the homebound elderly 1,200
    ENVIRONMENTAL DEFENSE
    1875 Connecticut Avenue NW
    PO Box 96750
    Washington,DC20077     		    Dedicated to protecting the environmental rights 1,200
    VISITING NURSE SERVICE OF NEW YORK
    107 E 70th Street
    Suite 601
    New York,NY10021     		    Promotes excellence in home patient care and public health services 1,200
    AMERICAN SOCIETY FOR THE PROTECTON of NATURE IN IS
    28 Arrandale Avenue
    PO Box 96969
    Great Neck,NY110241804     		    Helps preserve Israel's natural beauty and protect the environment 1,200
    THE EDUCATIONAL ALLIANCE
    197 East Broadway
    New York,NY10002     		    Offers educational and cultural programs to needy 2,400
    UNITED NEIGHBORHOOD HOUSES
    70 W 36th Street
    New York,NY100188007     		    Helps strengthen families and build communities in New York City 1,200
    THE DOOR
    121 Avenue of the Americas
    New York,NY10013     		    Youth development program 1,200
    THE DOME PROJECT INC
    486 Amsterdam avenue
    Suite 1002
    New York,NY10028     		    Brings at-risk children back to education 1,200
    THIRD STREET MUSIC SCHOOL SETTLEMENT
    235 E 11th Street
    New York,NY10016     		    Provides quality music, dance and art instruction to immerse students in work they are passionate about in order to develop the skills, habits, and knowledge to succeed in higher education, overcome obstacles to their well-being, and contribute positively to their communities. 1,200
    COVENANT HOUSE
    Times Square Station
    New York,NY10108     		    Provides shelter to homeless and runaway youths 1,200
    COMMUNITY SERVICE SOCIETY
    105 East 22nd Street
    New York,NY101600018     		    Helps needy New Yorkers industry and distributes to community food programs to feed the hungry in NY City 2,400
    CITY MEALS-ON-WHEELS
    PO Box 4007
    PO Box 731
    New York,NY10277     		    Helps feed the hungry in NYC 1,200
    THE CHILDREN'S AID SOCIETY
    105 E 22nd Street
    Suite 1002
    New York,NY10010     		    Provides help to needy children 1,200
    CENTRAL PARK CONSERVANCY
    PO Box 5204 GPO
    New York,NY10022     		    Helps preserve New York's Central Park 1,200
    THE BOYS' CLUB OF NEW YORK
    287 E 10th Street
    New York,NY10009     		    Provides guidance for boys 1,200
    JEWISH THEOLOGICAL SEMINARY
    3080 Broadway
    New York,NY100274649     		    Educational 1,200
    ISRAEL CANCER RESEARCH FUND
    1290 Avenue of the Americas
    3rd Fl
    New York,NY10104     		    Enables Israel's research scientists to find the cure for cancer 1,200
    WORLD JEWISH CONGRESS
    PO Box 90400
    Washington,DC10104     		    Supports public charities 1,200
    UJA - FEDERATION OF NEW YORK
    130 East 59th Street
    Suite 550
    New York,NY200900400     		    Aids Jewish people in need in New York, Israel and and victims of armed conflict around the world 1,200
    OHEL CHILDREN'S HOME & FAMILY SERVICES
    4510 Sixteenth Avenue
    807
    Brooklyn,NY10022     		    Provides help for families in crisis in the Jewish community 1,200
    NATIONAL JEWISH OUTREACH PROGRAM
    485 5th avenue
    New York,NY11204     		    Supports Jewish religious education 600
    JEWISH NATIONAL FUND
    42 East 69th Street
    Suite 601
    New York,NY101641767     		    Contributes to the needy 600
    THE JERUSALEM FOUNDATION INC
    420 Lexingotn Avenue
    Suite 701
    New York,NY100215093     		    Aims to strengthen, promote and enhance a free, open, pluralistic and modern society 600
    DOROT INC
    171 West th Street
    New York,NY10170     		    Provides care for the aged 1,200
    CAMERA
    PO Box 667
    Suite 1645
    Boston,MA100244498     		    Helps counter bias against Israel in the mass media, campus publications and in reference works and textbooks 2,400
    AMERICAN JEWISH CONGRESS
    15 East 84th Street
    New York,NY022589937     		    Supports charitable work of Jewish organizations 600
    THE DOE FUND
    232 East 84th Street
    New York,NY100280458     		    Helps formerly homeless and disadvantaged achieve lives of independence and self-sufficiency 1,200
    EQUAL JUSTICE INITIATIVE
    122 Commerce Street
    21st Floor
    Montgomery,AL98225     		    Provides legal representation to indigent defendants and prisoners who have been denied fair and just treatment in the legal system 5,000
    FRIENDS OF SPINAL MUSCULAR ATROPHY
    PO Box 196
    PO Box 96555
    Libertyville,IL60048     		    Raise awareness and funds for cure for Spinal Muscular Atrophy 500
    LEAGUE OF WOMEN VOTERS PA
    226 Forster Street
    Harrisburg,PA19144     		    Encourages informed and active participation in government, works to increase understanding of major public policy issues, and influences public policy 2,000
    NATURAL RESOURCES DEFENSE COUNCIL
    40 West 20th Street
    New York,NY17102     		    Works for preservation of healthy worldwide environment 500
    ABINGTON ART CENTER
    515 Meeting House Road
    Suite 700
    Jenkintown,PA19119     		    Non-profit organization offering opportunity to appreciate and create art 600
    ACHIEVABILITY
    Development Department
    PO Box 18927
    Philadelpiha,PA19046     		    Helps single parent, low income, formerly homeless families reach and sustain permanent self-sufficiency 500
    BRIAR BUSH NATURE CENTER
    1212 Edge Hill Raod
    10th Floor
    Abington,PA19139     		    Provides programs for public to learn about and appreciate nature 1,000
    NATIONAL ORGANIZATION FOR HEARING RESEARCH
    225 Haverford avenue
    21 South 61st Street
    Narberth,PA19001     		    Provides seed money for research into prevention of hearing loss and deafness 200
    WHYYCHANNEL 12
    150 N 6th Street
    Philadelpiha,PA19072     		    Public radio and television station of all people, including future generations. 100
    PHILADELPHIA PHYSICIANS FOR SOCIAL RESPONSIBILITY
    704 N 23rd Street
    Suite 1
    Philadelphia,PA19106     		    Educate the general public, to take a stand against nuclear weapons 300
    CURTIS INSTITUTE
    1726 Locust Street
    Philadelphia,PA19130     		    Higher education institution for music 300
    LAUREL HOUSE
    PO Box 765
    Norristown,PA19103     		    Shelter for families in crisis 300
    MC CABE LIBRARY
    C/O Swarthmore College
    Swarthmore,PA19404     		    Educational institution 100
    HARVARD UNIVERSITY
    10Garden Street
    Suite 1002
    Cambridge,MA02138     		    Higher education institution 100
    PHILADELPHIA YOUNG PLAYWRIGHTS
    7 Benjamin Franklin Parkway
    500 Colelge Avenue
    Philadelphia,PA19103     		    Providing playwriting experiences to Philadelphia and local school districts 2,600
    MOUNT SINAI COMMUNITY MEDICINE
    36 Seventh Avenue
    New York,NY10011     		    Commited to keeping communities informed and safe from environmental factors that pose health risks 25,000
    PHILADELPHIA MUSEUM OF ART
    Ben Franklin Parkway
    Philadelpiha,PA191017646     		    Art museum 5,000
    CURTIS INSTITUTE OF MUSIC
    1726 Locust Street
    Ground Floor
    Philadelphia,PA19103     		    Higher education institution for music 5,000
    SOUTHERN POVERTY LAW CENTER
    400 Washingotn Avenue
    PO Box 7646
    Montgomery,AL36103     		    Combats racism and intolerance 1,000
    CITY OF HOPE
    1420 Walnut Street
    Philadelphia,PA19102     		    National medical center 1,000
    THE CHILDREN'S COUNTRY WEEK
    1300 Valley Creek Road
    PO Box 5632
    Downingtown,PA19335     		    Non-profit camp for underprivileged children 3,000
    SENIOR ARTISTS INITIATIVE
    7029 Clearview Street
    Philadelphia,PA19119     		    Provides educational information to help senior artists organize and inventory their work 4,000
    THE GESU SCHOOL
    1700 West Thompson street
    Philadelphia,PA191215023     		    An inter-faith partnership to support quality education in North Philadelphia 5,000
    JEWISH FUND FOR JUSTICE
    330 7th Avenue
    New York,NY10001     		    Helps communities break cycle of poverty 3,000
    FEDERATED ALLIED JEWISH APPEAL
    2100 Arch Street
    Suite 550
    Philadelphia,PA19103     		    Distributes funds to needy and for education 6,500
    SWARTHMORE COLLEGE
    500 College Avenue
    Suite 1401
    Swarthmore,PA19081     		    Higher education institution 20,000
    FOUNDATION FIGHTING BLINDNESS
    PO Box 17279
    Baltimore,MD212970495     		    Drive research to provide preventions, treatments, and cures for entire spectrum of retinal degenerative disease 7,500
    AMERICAN CIVIL LIBERTIES
    4500 Biscayne Boulevard
    Miami,FL33137     		    Civil Liberties Organization 25,000
    MEALS ON WHEELS
    421 N Lime Avenue
    Suite 340
    Sarasota,FL34237     		    Provides meals to the homebound elderly 2,000
    DOCTORS WITHOUT BORDERS
    333 7th Avenue
    Suite 701
    New York,NY10001     		    International medical humanitarian organization. 2,000
    JUBILEE SCHOOL
    4211 Chester Avenue
    Suite 1645
    Philadelphia,PA19104     		    Educational 3,500
    READER TO READER
    Cardigan Center 38 Woodside Avenue
    2nd Floor
    Amherst,MA19104     		    Helps the nation's poorest libraries 20,000
    GREEN TREE SCHOOL
    146 West Walnut Lane
    Philadelphia,PA19104     		    Educates children with emotional disturbances who were often excluded from public school 20,000
    AMERICAN FRIENDS SERVICE COMMITTEE
    1501 Cherry Street
    Philadelphia,PA19102     		    International relief agency 2,100
    OXFAM AMERICA
    26 West Street
    Boston,MA02111     		    Aids the needy 1,000
    QUEST FOR PEACE
    PO Box 5206
    Hyattsville,MD20782     		    Sends school supplies and humanitarian cargo to Nicaragua 300
    AMNESTY INTERNATIONAL
    5 Penn Plaza
    A
    New York,NY10001     		    International human rights advocacy 500
    SWARTHMORE COLLEGE
    500 College Avenue
    Swarthmore,PA19081     		    Higher education institution 1,300
    MERCY CORPS
    PO Box 2669
    Floor 11
    Portland,WA97208     		    Alleviates suffering, poverty and oppression by helping people build secure, productive, and just communities 10,000
    Whatcom Re-Entry Coallition
    PO Box 31026
    Bellingham,WA98228     		    Champions the needs of students and the initiatives of the Whatcom Community College 5,000
    PLENTY INTERNATIONAL
    PO Box 394
    Summertwon,TN38483     		    Helps protect and share the world's abundance and knowledge for the benefit of all people 5,000
    HUMAN RIGHTS WATCH
    350 Fifth Avenue
    New York,NY101183299     		    Defends human rights worldwide 5,000
    CENTER FOR CONSTITUTIONAL RIGHTS
    666 Broadway
    Suite 104
    New York,NY100122317     		    Peace and human rights 5,000
    IHCAfghan Women's Mission
    PO Box 40486
    34th Fl
    Pasadena,CA91114     		    Promotes healthcare, education and awareness for Afghans 5,000
    Iraqi Student Project
    5459 Roa Avenue
    St Louis,MO63109     		    Grass-roots effort to help young people who have studied in Iraq acquire the education they need to participate in rebuilding their country 5,000
    Share
    PO Box 2548
    Seattle,WA981112548     		    Works for women's housing equality 10,000
    American-Italy Society
    1420 Walnut Street
    Philadelphia,PA19102     		    Provides funding and other support for cultural programs 100
    Mashomack Preserve
    PO Box 850
    Suite 310
    Shelter Island,NY11964     		    Works on land conservation issues 100
    Peconic Land Trust
    296 Hampton Road
    Southampton,NY11969     		    Ensure the protection of Long Island lands 300
    Northwest Youth Services
    1020 N State Street
    21 South 61st Street
    Bellingham,WA98225     		    Supports at-risk youths 5,000
    Partners in Health
    PO Box 845578
    Boston,MA022845578     		    Provides healthcare options for the poor 5,000
    Legal Services for Prisoners With Children
    1540 Market Street
    Suite 1
    San Francisco,CA94102     		    Advocates for the civil rights and empowerment of the incarcerated 5,000
    NICWA
    5100 SW Macadam Avenue
    Suite 490
    Portland,OR97239     		    Focuses on the tribal capacity to prevent child abuse and neglect in the American Indian community 5,000
    Afghan Women's Mission
    22231 Mulholland Highway
    Suite 300
    Calabasas,CA91302     		    Supports the humanitarian and political work for Afghan women 5,000
    The Soldier's Project
    4605 Lankershim Boulevard
    Suite 209
    North Hollywood,CA91602     		    Provide free counseling and support to military service members 5,000
    Iraqi Student Project
    5459 Rosa Avenue
    Suite 221
    St Louis,MO63109     		    Grass-roots effort to help young people who have studied in Iraq acquire the education they need to participate in rebuilding their country 5,000
    New Israel Fund
    PO Box 96712
    500 Colelge Avenue
    Washington,DC200777438     		  R Advances democracy and equality for all Israelis 5,000
    Immigrant Defense Project
    28 West 39th Street
    New York,NY10018     		  R Ensures human rights protections and access to justice for all immigrants, refugees and asylum seekers 5,000
    University Beyond Bars
    PO Box 1267
    Suite 501
    Poulsbo,WA98370     		    Provides post-secondary education to the incarcerated 5,000
    Immigrant Defense Project
    28 West 39th Street
    Ground Floor
    New York,NY10018     		    Ensures human rights protections and access to justice for all immigrants, refugees and asylum seekers 5,000
    Legal Services for Prisoners With Children
    1540 Market Street
    Suite 501
    San Francisco,CA94102     		    Advocates for the civil rights and empowerment of incarcerated parents, children, and family members and people at risk for incarceration 5,000
    National Indian Child Welfare Association
    5100 SW Macadam Avenue
    Suite 490
    Portland,OR97239     		    Focuses on the tribal capacity to prevent child abuse and neglect in the American Indian community 5,000
    Whatcom Community College Foundation
    237 W Kellogg Road
    Suite 300
    Bellingham,WA98266     		    Champions the needs of students and the initiatives of Whatcom Community College 5,000
    Northwest Immigrant Rights Project
    615 Second Avenue
    Seattle,WA98104     		    Strengthens the rights and well-being of immigrants and refugees 5,000
    American Civil Liberties Union Foundation
    125 Broad Street
    Suite 400
    New York,NY10004     		    Defend Constitutionally-mandated rights for individuals 5,000
    Prospect Park Alliance
    99 Prospect Park West
    18th Floor
    Brooklyn,NY11215     		    Restores, develops, and operates public park 500
    KCRW Public Radio
    1900 Pico Boulevard
    Santa Monica,CA90405     		    Public radio station 200
    Westridge School
    324 Madeline Drive
    Suite 1401
    Pasadena,CA91105     		    College preparatory education 400
    Enrich LA
    2173 Cedarhurst Drive
    Los Angeles,CA90027     		    Assists public schools through planting of gardens and green spaces 500
    International Rescure Committee
    PO Box 98152
    Washington,DC200777355     		    Humanitarian crisis relief 1,200
    American Friends of the Hebrew University
    PO Box 2035
    New York,NY100210051     		    Supports higher education institution 5,000
    American Committee for the Weizmann Institute of S
    PO Box 19002
    Suite 701
    New York,NY102770672     		    Scientific research into global problems 10,000
    American Technion Society
    55 East 59th Street
    New York,NY10022     		    Promotes leadership in science and technology education 10,000
    THE SAN JUAN PRESERVATION TRUST
    PA BOX 327
    LOPEZ ISLAND,WA98261     		    Preserve and protect open spaces, scenic views, forests, agricultural lands, habitats, watersheds, riparian corridors, wetlands and shorelines in the San Juan Archipelago 200
    SKAGIT LAND TRUST
    PO BOX 1017 3325 PINE STREET
    BOX 351150
    MOUNT VERNAN,WA98273     		    Protects wildlife habitats, agricultural and forest lands, wetlands and shorelines throughout Skagit County 200
    FOUNDATION FOR SELF-SUFFICENCY IN CENTAL AMERICA
    314 E HIGHLAND MALL BLVD
    SUIT 310
    AUSTIN,TX78752     		    Helps low-income communities in Central America achieve environmental, social and economic self-sufficiency 200
    HOMIES UNDIOS
    1625 WEST OLYMPIC BLVD
    SUITE 208-6
    LOS ANGELES,CA90015     		    Develops creative alternatives to youth violence and drugs through access to alternative education, leadership development, health education programs 200
    THE WILDERNESS SOCIETY
    900 17TH STREET NW
    SUITE 601
    WASHINGTON,DC200777788     		    Preserves and protects endangered wilderness lands 400
    SOUTHERN UTAH WILDERNESS ALLIANCE
    425 EAST 100 SOUTH
    SALT LAKE CITY,UT84111     		    Internships and rigorous, interest-based projects 5,000
    HIGHLINE BIG PICTURE HIGH SCHOOL
    2450 S 142ND STREET
    SEATTLE,WA98168     		    Internships and rigorous, interest-based projects to immerse students in work they are passionate about in order to develop the skills, habits, and knowledge to succeed in higher education, overcome obstacles to their well-being, and contribute positively to their communities. 5,000
    PLANNED PARENTHOOD OF NEW YORK CITY
    26 BLEECKER STREET
    NEW YORK,NY100122413     		    Provides services and education on family planning 2,000
    CITY HARVEST
    575 8TH AVENUE
    NEW YORK,NY10018     		    Collects excess food from all segments of food industry and distributes to community food programs to feed the hungry in NY City 2,000
    TRANSPORTATION ALTERNATIVES
    127 W 26TH STREET
    NEW YORK,NY10001     		    Advocates biycling, walking and public transit as better environmental alternatives to automobiles on New York City's streets 1,000
    Total .................................bullet 3a 410,100
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    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          
    4 Dividends and interest from securities....     14 60,953  
    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.....          
    8Gain or (loss) from sales of assets other than inventory     18 32,070  
    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)..   93,023  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1393,023
    (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.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    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 (2011)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AccountingFeesSchedule
    Name:
    POSEL FOUNDATION
    EIN: 23-2581520
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 2,300 2,300    

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

    TY 2011 DepreciationSchedule
    Name:
    POSEL FOUNDATION
    EIN: 23-2581520
    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 2011 InvestmentsCorpStockSchedule
    Name:
    POSEL FOUNDATION
    EIN: 23-2581520
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 260,784 321,988

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    POSEL FOUNDATION
    EIN: 23-2581520
    US Government Securities - End of Year Book Value:

    49,854
    US Government Securities - End of Year Fair Market Value:

    52,814
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2011 InvestmentsOtherSchedule2
    Name:
    POSEL FOUNDATION
    EIN: 23-2581520
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MUTUAL FUNDS AT COST 1,654,519 1,845,641

    TY 2011 LandEtcSchedule2
    Name:
    POSEL FOUNDATION
    EIN: 23-2581520
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2011 LegalFeesSchedule
    Name:
    POSEL FOUNDATION
    EIN: 23-2581520
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 10,329 10,329    


    TY 2011 OtherExpensesSchedule
    Name:
    POSEL FOUNDATION
    EIN: 23-2581520
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEES 440 440    
    TRUSTEES FEES 5,000 5,000    
    OHTER EXPENSES        
    REGISTRATION FEES        


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    POSEL FOUNDATION
    EIN: 23-2581520
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 2,296 2,296    


    TY 2011 TaxesSchedule
    Name:
    POSEL FOUNDATION
    EIN: 23-2581520
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX EXPENSE 1,126 1,126