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 01-01-2011 , and ending 12-31-2011
G
Check all that apply:
Name of foundation
THE BLANK FAMILY FOUNDATION
FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)3455 NW 54TH STREET   Room/suite
City or town, state, and ZIP code
MIAMI, FL33142
A Employer identification number

92-0185953
B Telephone number (see page 10 of the instructions)

(305) 633-8587
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$20,052,766J 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)  
2 Check bullet
3 Interest on savings and temporary cash investments 1,397 1,397  
4 Dividends and interest from securities...... 312,521 312,521  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 120,463
b Gross sales price for all assets on line 6a 10,648,996
7 Capital gain net income (from Part IV, line 2)... 120,463
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 29,191 29,191  
12 Total. Add lines 1 through 11........ 463,572 463,572  
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).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,828      
c Other professional fees (attach schedule).... Click to see attachment 111,090 111,090    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 61 61    
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 11,335 11,075    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 124,314 122,226   0
25 Contributions, gifts, grants paid........ 1,107,750 1,107,750
26 Total expenses and disbursements. Add lines 24 and 25 1,232,064 122,226   1,107,750
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -768,492
b Net investment income (if negative, enter -0-) 341,346
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 (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............... 36,711 20,737 20,737
2 Savings and temporary cash investments.......... 960,488 679,274 679,274
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)........ 18,204,349 Click to see attachment16,834,591 16,834,591
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)........... 3,027,511 Click to see attachment2,518,164 2,518,164
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) 22,229,059 20,052,766 20,052,766
Liabilities 17 Accounts payable and accrued expenses.......... 30,151 4,625
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).......... 30,151 4,625
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 22,198,908 20,048,141
30 Total net assets or fund balances (see page 17 of the
instructions).................... 22,198,908 20,048,141
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 22,229,059 20,052,766
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 22,198,908
2 Enter amount from Part I, line 27a..................... 2 -768,492
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 149,696
4 Add lines 1, 2, and 3.......................... 4 21,580,112
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 1,531,971
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 20,048,141
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 POWERSHARES FTSE RAFI US1500 SMALL-M P 2010-12-28 2011-03-24
b COMPASS EMP ALTERNATIVE ASSET FD CL P 2008-05-06 2011-01-28
c GREENHAVEN CONT CMDTY CONTINUOUS C P 2010-12-28 2011-06-10
d WISDOMTREE TRUST WT MANAGED F P 2009-08-27 2011-06-10
e ISHARES TR BARCLAYS TIPSBOND FUND P 2010-03-03 2011-06-10
POWERSHARES DB G10 CRNCYHARVEST FUND P 2008-01-04 2011-06-10
ISHARES TR COHEN & STEERREALTY MAJOR P 2010-12-28 2011-03-24
COMPASS EMP ALTERNATIVE ASSET FD CL P 2008-06-25 2011-01-28
COMPASS EMP ALTERNATIVE ASSET FD CL P 2010-12-02 2011-11-29
WISDOMTREE TRUST WT MANAGED F P 2009-10-23 2011-06-10
ISHARES TR BARCLAYS TIPSBOND FUND P 2010-11-18 2011-06-10
ISHARES TR DOW JONES RE US REAL ESTA P 2010-12-28 2011-03-24
COMPASS EMP ALTERNATIVE ASSET FD CL P 2008-08-11 2011-01-28
WISDOMTREE DREYFUS ETF EMERGING CUR P 2010-12-28 2011-06-10
WISDOMTREE TRUST WT MANAGED F P 2010-07-01 2011-06-10
SPDR BARCLAYS CAP INTL TREASURY BON P 2010-03-03 2011-06-10
S P D R S&P 500 ETF TR EXPIRING 01/ P 2010-12-28 2011-03-24
SPDR DOW JONES INTL REAL ESTATE P 2010-02-26 2011-06-10
WISDOMTREE DREYFUS ETF EMERGING CUR P 2010-02-26 2011-03-24
WISDOMTREE TRUST WT MANAGED F P 2011-01-28 2011-06-10
SPDR BARCLAYS CAP INTL TREASURY BON P 2010-07-23 2011-06-10
ISHARES S&P CITIGROUP INTERNATIONA P 2010-07-01 2011-03-24
SPDR DOW JONES INTL REAL ESTATE P 2008-08-11 2011-06-10
WISDOMTREE DREYFUS ETF EMERGING CUR P 2010-07-01 2011-03-24
WISDOMTREE TRUST WT MANAGED F P 2010-07-01 2011-06-10
ISHARES S&P CITIGROUP INTERNATIONA P 2010-03-03 2011-06-10
SPDR BARCLAYS CAP INTL TREASURY BON P 2010-07-01 2011-03-24
SPDR DOW JONES INTL REAL ESTATE P 2008-11-19 2011-06-10
WISDOMTREE DREYFUS ETF EMERGING CUR P 2009-10-23 2011-06-10
WISDOMTREE TRUST WT MANAGED F P 2011-01-28 2011-06-10
ISHARES S&P CITIGROUP INTERNATIONA P 2010-07-23 2011-06-10
POWERSHS EXCH TRAD FD TRPOWERSHARES P 2010-12-28 2011-03-24
ISHARES TR DOW JONES RE US REAL ESTA P 2010-12-28 2011-06-10
WISDOMTREE DREYFUS ETF EMERGING CUR P 2010-02-26 2011-06-10
WISDOMTREE DREYFUS ETF EMERGING CUR P 2010-03-03 2011-06-10
WISDOMTREE TRUST INTL REAL ES P 2008-01-11 2011-06-10
WISDOMTREE TRUST SMALLCAP EAR P 2010-12-28 2011-11-29
ISHARES TR COHEN & STEERREALTY MAJOR P 2010-12-28 2011-06-10
WISDOMTREE TRUST WT MANAGED F P 2011-03-24 2011-06-10
WISDOMTREE DREYFUS ETF EMERGING CUR P 2010-07-23 2011-06-10
WISDOMTREE TRUST INTL REAL ES P 2010-06-10 2011-06-10
GREENHAVEN CONT CMDTY CONTINUOUS C P 2010-12-28 2011-03-24
ISHARES TR BARCLAYS BONDBARCLAYS INT P 2010-07-01 2011-11-29
WISDOMTREE TRUST WT MANAGED F P 2008-08-12 2011-06-10
ISHARES TR DOW JONES RE US REAL ESTA P 2010-03-03 2011-06-10
WISDOMTREE TRUST INTL REAL ES P 2010-07-23 2011-06-10
POWERSHS EXCH TRAD FD TRFTSE RAFI DE P 2010-12-28 2011-03-24
SPDR BARCLAYS CAP INTL TREASURY BON P 2010-07-01 2011-06-10
WISDOMTREE TRUST WT MANAGED F P 2009-04-02 2011-06-10
SPDR DOW JONES INTL REAL ESTATE P 2010-03-03 2011-06-10
GREENHAVEN CONT CMDTY CONTINUOUS C P 2010-07-23 2011-06-10
POWERSHS DB COMMDTY INDX P 2010-12-28 2011-03-24
ISHARES S&P CITIGROUP INTERNATIONA P 2010-07-01 2011-06-10
WISDOMTREE TRUST WT MANAGED F P 2009-04-02 2011-06-10
SPDR DOW JONES INTL REAL ESTATE P 2010-07-23 2011-06-10
POWERSHS DB COMMDTY INDX P 2008-01-04 2011-06-10
POWERSHS EXCH TRAD FD TRPOWERSHARES P 2010-12-28 2011-11-29
ISHARES TR BARCLAYS BONDBARCLAYS 3-7 P 2010-07-01 2011-11-29
WISDOMTREE TRUST WT MANAGED F P 2009-04-02 2011-06-10
SPDR BARCLAYS CAP TIPS CAPITAL TIPS P 2010-03-03 2011-06-10
POWERSHS EXCH TRAD FD TRS&P 500 BUYW P 2008-08-12 2011-06-10
S P D R S&P 500 ETF TR EXPIRING 01/ P 2010-12-28 2011-11-29
ISHARES TR BARCLAYS TIPSBOND FUND P 2010-07-01 2011-06-10
WISDOMTREE TRUST WT MANAGED F P 2009-04-02 2011-06-10
SPDR BARCLAYS CAP TIPS CAPITAL TIPS P 2010-11-18 2011-06-10
ISHARES DIVERSIFIED ETF ALTERNATIVES P 2010-03-03 2011-06-10
COMPASS EMP ALTERNATIVE ASSET FD CL P 2010-12-02 2011-03-24
POWERSHS DB COMMDTY INDX P 2010-12-28 2011-06-10
WISDOMTREE TRUST WT MANAGED F P 2009-04-02 2011-06-10
ISHARES TR COHEN & STEERREALTY MAJOR P 2008-01-11 2011-06-10
ISHARES DIVERSIFIED ETF ALTERNATIVES P 2010-04-15 2011-06-10
COMPASS EMP ALTERNATIVE ASSET FD CL P 2008-05-06 2011-01-28
SPDR BARCLAYS CAP TIPS CAPITAL TIPS P 2010-07-01 2011-06-10
WISDOMTREE TRUST WT MANAGED F P 2009-04-02 2011-06-10
ISHARES TR COHEN & STEERREALTY MAJOR P 2010-03-03 2011-06-10
ISHARES DIVERSIFIED ETF ALTERNATIVES P 2010-07-23 2011-06-10
(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 3,143   3,045 98
b 11,614   15,798 -4,184
c 349,341   328,641 20,700
d 55,065   52,200 2,865
e 39,854   37,385 2,469
248,818   333,377 -84,559
3,361   3,272 89
43,044   53,690 -10,646
344,668   354,010 -9,342
233,570   231,338 2,232
18,266   17,985 281
4,630   4,452 178
35,285   42,269 -6,984
598,062   578,054 20,008
755,180   749,608 5,572
18,911   17,163 1,748
7,693   7,409 284
173,659   148,622 25,037
257,021   249,984 7,037
37,718   36,985 733
42,473   38,375 4,098
8,868   8,143 725
88,959   108,180 -19,221
419,843   411,132 8,711
753,524   749,458 4,066
19,184   18,409 775
9,429   8,478 951
83,843   51,854 31,989
54,606   54,245 361
37,864   37,194 670
41,566   38,794 2,772
9,413   9,058 355
179,188   168,628 10,560
648,006   618,172 29,834
18,948   18,040 908
19,117   29,928 -10,811
15,797   17,426 -1,629
184,251   169,493 14,758
705,711   702,664 3,047
11,554   10,909 645
18,123   14,864 3,259
20,526   19,190 1,336
244,228   242,068 2,160
394,696   453,347 -58,651
65,637   51,525 14,112
23,823   20,983 2,840
20,337   19,206 1,131
342,553   300,204 42,349
2,429   2,023 406
27,738   24,411 3,327
137,952   175,351 -37,399
33,329   30,069 3,260
337,470   306,913 30,557
8,305   6,918 1,387
33,682   29,550 4,132
141,034   173,609 -32,575
32,946   35,503 -2,557
329,482   312,648 16,834
8,305   6,918 1,387
39,357   36,918 2,439
181,862   208,894 -27,032
63,614   66,307 -2,693
331,050   318,253 12,797
8,305   6,918 1,387
18,312   18,054 258
86,695   88,579 -1,884
101,452   96,886 4,566
352,418   337,820 14,598
8,305   6,918 1,387
17,428   17,919 -491
55,990   54,093 1,897
25,154   34,217 -9,063
331,028   318,578 12,450
9,427   7,845 1,582
50,149   37,223 12,926
100,886   113,944 -13,058
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       98
b       -4,184
c       20,700
d       2,865
e       2,469
      -84,559
      89
      -10,646
      -9,342
      2,232
      281
      178
      -6,984
      20,008
      5,572
      1,748
      284
      25,037
      7,037
      733
      4,098
      725
      -19,221
      8,711
      4,066
      775
      951
      31,989
      361
      670
      2,772
      355
      10,560
      29,834
      908
      -10,811
      -1,629
      14,758
      3,047
      645
      3,259
      1,336
      2,160
      -58,651
      14,112
      2,840
      1,131
      42,349
      406
      3,327
      -37,399
      3,260
      30,557
      1,387
      4,132
      -32,575
      -2,557
      16,834
      1,387
      2,439
      -27,032
      -2,693
      12,797
      1,387
      258
      -1,884
      4,566
      14,598
      1,387
      -491
      1,897
      -9,063
      12,450
      1,582
      12,926
      -13,058
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 2 120,463
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 3 166,156
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 1,116,250 22,232,053 0.050209
2009 737,215 20,783,253 0.035472
2008 1,462,650 27,688,072 0.052826
2007 1,472,750 32,394,182 0.045463
2006 1,648,450 30,251,100 0.054492
2 Total of line 1, column (d) ...................... 2 0.238462
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 0.047692
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 22,030,241
5 Multiply line 4 by line 3....................... 5 1,050,666
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,413
7 Add lines 5 and 6......................... 7 1,054,079
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,107,750
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 3,413
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 3,413
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 3,413
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 7,535
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 7,535
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 4,122
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet4,122 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)bulletFL
    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
     
    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 addressbulletBLANKFAMILY.ORG
    14
    The books are in care ofbulletNATIONAL BRANDS INC Telephone no.bullet (305) 633-8587
    Located atbullet3455 NW 54TH STMIAMIFL ZIP+4bullet33142
    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
     
     
    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
     
    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 2011?
    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 (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
    JEROME BLANKClick to see attachment DIR/CHAIRMAN
    0.00     		0 0 0
    3455 NW 54TH ST
    MIAMI,FL33142
    ANDREW BLANKClick to see attachment DIR/PRESIDEN
    0.00     		0 0 0
    3455 NW 54TH ST
    MIAMI,FL33142
    ROBERT FREHLINGClick to see attachment DIRECTOR
    0.00     		0 0 0
    3455 NW 54TH ST
    MIAMI,FL33142
    KATHLEEN BLANKClick to see attachment DIRECTOR
    0.00     		0 0 0
    17 WHITE PINE CANYON RD
    PARK CITY,UT84060
    KATHY KRAMER - MARTINClick to see attachment DIRECTOR
    0.00     		0 0 0
    3455 NW 54TH ST
    MIAMI,FL33142
    EVELYN MACIAClick to see attachment SEC/TRES
    0.00     		0 0 0
    3455 NW 54TH ST
    MIAMI,FL33142
    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
    NONE
    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
    NONE
    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 (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 N/A  
    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
    21,352,992
    b
    Average of monthly cash balances.......................
    1b
    993,962
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    18,773
    d
    Total (add lines 1a, b, and c).........................
    1d
    22,365,727
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    22,365,727
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    335,486
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    22,030,241
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,101,512
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,101,512
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    3,413
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,413
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,098,099
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,098,099
    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
    1,098,099
    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
    1,107,750
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,107,750
    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
    3,413
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,104,337
    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 1,098,099
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010....... 5,431
    fTotal of lines 3a through e......... 5,431
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 1,107,750
    a Applied to 2010, but not more than line 2a  
    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..... 1,098,099
    e Remaining amount distributed out of corpus 9,651
    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 15,082
    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 ...........     		 
    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) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		15,082
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010.... 5,431
    e Excess from 2011.... 9,651
    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
             
    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).)
    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.
    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
    ANTI-DEFAMATION LEAGUE
    605 THIRD AVENUE
    NEW YORK,NY10158     		NONE   CHARITABLE 50,000
    BALLET WEST
    50 W 200 S 200
    SALT LAKE CITY,UT841011675     		NONE   CHARITABLE 5,000
    BLANK FAMILY PHILANTROPY FUND
    C/O GREATER MIAMI JEWISH FEDERATION
    4200 BISCAYNE BLVD
    MIAMI,FL331379988     		NONE   CHARITABLE 160,000
    COMMUNITY LIBRARY ASSOCIATION
    PO BOX 2168
    KETCHUM,ID83340     		NONE   CHARITABLE 500
    CONDON SWAN VALLEY QUICK RESPONSE
    PO BOX 1196
    CONDON,MT59826     		NONE   CHARITABLE 500
    DEEP LISTENING INST
    77 CORNELL ST SUITE 303
    KINGSTON,NY12401     		NONE   CHARITABLE 1,000
    DISCOVERY EYE FOUNDATION
    622 WILSHIRE BLVDSTE260
    LOS ANGELES,CA90048     		NONE   CHARITABLE 5,000
    FEEDING SOUTH FLORIDA
    2501 SW 32 TERRACE
    PEMBROKE PARK,FL33023     		NONE   CHARITABLE 10,000
    GOOWILL INDUSTRIES
    5993 PENN CIR S
    PITTSBURGH,PA15206     		NONE   CHARITABLE 10,000
    HOSPICE OF WR VALLEY
    507 N 1ST AVE
    KETCHUM,ID83340     		NONE   CHARITABLE 2,000
    MIAMI JEWISH HEALTH SYTMS
    5200 NE 2ND AVE
    MIAMI,FL33137     		NONE   CHARITABLE 10,000
    MOSAIC JEWISH MUSEUM
    301 WASHINGTON AVE
    MIAMI BEACH,FL33139     		NONE   CHARITABLE 1,000
    MUSCULAR DYSTROPHY
    2801 FRUITVILLE RD 140
    SARASOTA,FL342375301     		NONE   CHARITABLE 10,000
    NATIONAL ABILITY CENTER
    1000 ABILITY WAY
    PARK CITY,UT84060     		NONE   CHARITABLE 5,000
    NATIONAL MULTIPLE SCLEROSIS SOC
    733 THIRD AVENUE
    NEW YORK,NY10017     		NONE   CHARITABLE 500
    NATIONAL RESOURCES DEFENSE
    40 WEST 20TH STREET
    NEW YORK,NY10011     		NONE   CHARITABLE 50,000
    NATURE CONSERVANCY
    4245 NFAIRFAX DRSTE100
    ARLINGTON,VA222031606     		NONE   CHARITABLE 15,000
    ONE HEART WORLDWIDE
    1818 PACHECO ST
    SAN FRANCISCO,CA94116     		NONE   CHARITABLE 2,500
    PARK CITY PERFORMING ARTS
    1750 KEARNS BLVD
    PARK CITY,UT84060     		NONE   CHARITABLE 5,000
    PEDDIE ANNUAL GIVING
    111 ARMELLINO CT
    HIGHSTOWN,NJ085203348     		NONE   CHARITABLE 250
    SAGEBRUSH EQUINE
    100 LET ER BUCK RD
    HAILEY,ID83333     		NONE   CHARITABLE 1,000
    SANFRANCISCO JEWISH FED
    121 STEUART STREET
    SAN FRANCISCO,CA94105     		NONE   CHARITABLE 3,000
    SNAKE RIVER ALLIANCE
    PO BOX 1731
    BOISE,ID83701     		NONE   CHARITABLE 1,000
    SO FLORIDA COMPOSERS
    PO BOX 01-5298
    MIAMI,FL33101     		NONE   CHARITABLE 4,000
    STLUKE'S WOOD RIVER
    PO BOX 7005
    KETCHUM,ID83340     		NONE   CHARITABLE 5,000
    SUN VALLEY CTR OF THE ART
    191 5TH ST
    KETCHUM,ID83340     		NONE   CHARITABLE 1,000
    TEMPLE BETH SHALOM
    205 EAST BARCELONA RD
    SANTA FE,NM87505     		NONE   CHARITABLE 2,500
    TEMPLE EMANUEL OF BEV
    8844 BURTON WAY
    BEVERLY HILLS,CA90211     		NONE   CHARITABLE 1,500
    TEMPLE HAR SHALOM
    PO BOX 681236
    PARK CITY,UT84068     		NONE   CHARITABLE 2,000
    UM SILVESTER
    1475 NORTHWEST 12TH AVE
    MIAMI,FL33136     		NONE   CHARITABLE 5,000
    WR JEWISH COMMUNITY
    471 LEADVILLE AVE
    KETCHUM,ID83340     		NONE   CHARITABLE 1,000
    YOUTH WINTER SPORTS ALLIANCE
    PO BOX 681698
    PARK CITY,UT84068     		NONE   CHARITABLE 2,500
    GREATER MIAMI JEWISH
    FEDERATION
    4200 BISCAYNE BLVD
    MIAMI,FL33137     		NONE   CHARITABLE 735,000
    Total .................................bullet 3a 1,107,750
    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     14 1,397  
    4 Dividends and interest from securities....     14 312,521  
    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   53,276 14 67,187  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aSECTION 988 GAINS     26 29,191  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 53,276 410,296  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13463,572
    (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:
    THE BLANK FAMILY FOUNDATION
    FOUNDATION INC
    EIN: 92-0185953
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 1,828      

    TY 2011 CompensationExplanation
    Name:
    THE BLANK FAMILY FOUNDATION
    FOUNDATION INC
    EIN: 92-0185953
    Person Name Explanation
    JEROME BLANK  
    ANDREW BLANK  
    ROBERT FREHLING  
    KATHLEEN BLANK  
    KATHY KRAMER - MARTIN  
    EVELYN MACIA  

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

    TY 2011 GainLossSaleOtherAssetsSch
    Name:
    THE BLANK FAMILY FOUNDATION
    FOUNDATION INC
    EIN: 92-0185953
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    SHORT-TERM GAIN/LOSS FROM PASS-THROUGH ENTITY         22,419       22,419  
    LONG-TERM GAIN/LOSS FROM PASS-THROUGH ENTITY         30,857       30,857  

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    THE BLANK FAMILY FOUNDATION
    FOUNDATION INC
    EIN: 92-0185953
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INVESTMENTS HELD AT SCHWAB 16,834,591 16,834,591

    TY 2011 InvestmentsOtherSchedule2
    Name:
    THE BLANK FAMILY FOUNDATION
    FOUNDATION INC
    EIN: 92-0185953
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PARTNERSHIP INTEREST - AEOW 96 FMV 18,773 18,773
    B.H OPPORTUNITY FUND REIT 1 FMV 566,821 566,821
    B.H REIT 1 FMV 717,836 717,836
    INLAND AMERICAN RE TRUST FMV 1,214,734 1,214,734

    TY 2011 OtherDecreasesSchedule
    Name:
    THE BLANK FAMILY FOUNDATION
    FOUNDATION INC
    EIN: 92-0185953
    Description Amount
    CHANGE IN UNREALISED GAINS/LOSS 1,523,392
    FOREIGN TAX PAID 8,579


    TY 2011 OtherExpensesSchedule
    Name:
    THE BLANK FAMILY FOUNDATION
    FOUNDATION INC
    EIN: 92-0185953
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    BANK CHARGES 150 150    
    2% PORTFOLIO DEDUCTIONS 10,742 10,742    
    POSTAGE&DELIVERY 120      
    OTHER DEDUCTIONS 183 183    
    OFFICE SUPPLIES 140      


    TY 2011 OtherIncomeSchedule2
    Name:
    THE BLANK FAMILY FOUNDATION
    FOUNDATION INC
    EIN: 92-0185953
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    SECTION 988 GAINS 29,191 29,191  


    TY 2011 OtherIncreasesSchedule
    Name:
    THE BLANK FAMILY FOUNDATION
    FOUNDATION INC
    EIN: 92-0185953
    Description Amount
    DEDUCTIONS ON TAX RETURN NOT ON BOOKS 149,696


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    THE BLANK FAMILY FOUNDATION
    FOUNDATION INC
    EIN: 92-0185953
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVISORY FEES 21,170 21,170    
    CONSULTING FEES 25,000 25,000    
    PROFESSIONAL FEES 64,800 64,800    
    OTHER PROFESSIONAL FEES 120 120    


    TY 2011 TaxesSchedule
    Name:
    THE BLANK FAMILY FOUNDATION
    FOUNDATION INC
    EIN: 92-0185953
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LICENSES 61 61    
    STATE TAX