TY 2011 Form 990PF

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	9,290,611
2	Enter amount from Part I, line 27a.....................	2	-1,267,672
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	8,022,939
5	Decreases not included in line 2 (itemize)	5	30
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	8,022,909

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	189,155
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 . . . . . . . . . . . . .	3

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
2010	5,829,690	2,999,262	1.943708
2009	2,614,503	3,790,247	0.689798
2008	5,291,522	4,684,035	1.129693
2007	5,332,003	32,600,216	0.163557
2006	3,347,310	30,554,435	0.109552

2	Total of line 1, column (d) ......................	2	4.036308
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	0.807262
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4	2,382,326
5	Multiply line 4 by line 3.......................	5	1,923,161
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	2,605
7	Add lines 5 and 6.........................	7	1,925,766
8	Enter qualifying distributions from Part XII, line 4..............	8	5,178,200
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.

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	2,605
	hereand 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	2,605
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	2,605
6	Credits/Payments:

a	2011 estimated tax payments and 2010 overpayment credited to 2011	6a	11,012
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	11,012
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.	8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......	9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10	8,407
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax8,407	Refunded	11

1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
ELIHU ROSE	PRESIDENT/SECRETARY/DIRECTOR 0	0	0	0
2 EAST 88TH STREET NEW YORK,NY10128
SUSAN W ROSE	DIRECTOR 0	0	0	0
2 EAST 88TH STREET NEW YORK,NY10128

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
International Center of Photography 1114 Avenue of Americas New York,NY10036	NONE	PUBLIC	CHARITABLE	35,000
Susan W Rose Fund for Music 200 Madison Avenue New York,NY10016	NONE	PUBLIC	CHARITABLE	10,000
The Knights 344 Degraw St 4-C Brooklyn,NY11231	NONE	PUBLIC	CHARITABLE	5,000
Yellow Barn 63 Main Street Putney,VT05346	NONE	PUBLIC	CHARITABLE	1,000
Lincoln Center Theatre 150 W 65th Street New York,NY10023	NONE	PUBLIC	CHARITABLE	6,750
Orchestra of St Luke's 330 W 42nd Street 9th Floor New York,NY10036	NONE	PUBLIC	CHARITABLE	5,000
New York Festival of Song 307 Seventh Avenue Suite 1601 New York,NY10001	NONE	PUBLIC	CHARITABLE	1,000
Carnegie Hall Society 881 Seventh Avenue New York,NY10019	NONE	PUBLIC	CHARITABLE	11,880
Young Concert Artists Inc 250 W 57th Street Suite 1222 New York,NY10107	NONE	PUBLIC	CHARITABLE	5,000
The Juilliard School 60 Lincoln Center Plaza New York,NY10023	NONE	PUBLIC	CHARITABLE	10,000
The Juilliard School 61 Lincoln Center Plaza New York,NY10024	NONE	PUBLIC	CHARITABLE	6,919
Hospital for Special Surgery 535 E 70th Street New York,NY10021	NONE	PUBLIC	CHARITABLE	100,000
Hospital for Special Surgery 535 E 70th Street New York,NY10021	NONE	PUBLIC	CHARITABLE	100,185
Hospital for Special Surgery 535 E 70th Street New York,NY10021	NONE	PUBLIC	CHARITABLE	58,333
Central Synagogue 123 E 55th Street New York,NY10022	NONE	PUBLIC	CHARITABLE	100
Gilder Lehrman Institute of American History 19 W 44th Street Suite 500 New York,NY10036	NONE	PUBLIC	CHARITABLE	5,000
Park Avenue Armory 643 Park Avenue New York,NY10065	NONE	PUBLIC	CHARITABLE	3,000,000
Komen Greater NYC PO Box 27963 GPO New York,NY10087	NONE	PUBLIC	CHARITABLE	1,000
The Jewish Museum 1109 5th Avenue New York,NY10128	NONE	PUBLIC	CHARITABLE	1,000
The Mabel Mercer Foundation 301 E 79th Street 30N New York,NY10021	NONE	PUBLIC	CHARITABLE	10,000
New York Festival of Song 307 7th Avenue Suite 1601 New York,NY10001	NONE	PUBLIC	CHARITABLE	1,000
American Museum of Natural History CPW 79th Street New York,NY10024	NONE	PUBLIC	CHARITABLE	1,750
The Morgan Library & Museum 225 Madison Avenue New York,NY10016	NONE	PUBLIC	CHARITABLE	1,000
Central Park Conservancy 14 E 60th Street New York,NY10022	NONE	PUBLIC	CHARITABLE	1,000
Alzheimer's Drug Discovery Foundation 1414 Ave of Americas Suite 1502 New York,NY10102	NONE	PUBLIC	CHARITABLE	2,500
Carnegie Hill Neighbors Inc 170 E 91st Street New York,NY10128	NONE	PUBLIC	CHARITABLE	500
Close Encounters With Music PO Box 34 Great Barrington,MA01230	NONE	PUBLIC	CHARITABLE	1,500
Girl Scout Council of Greater New York 43 W 23rd Street New York,NY10010	NONE	PUBLIC	CHARITABLE	1,500
North Star Fund 520 Eighth Avenue Suite 2203 New York,NY10018	NONE	PUBLIC	CHARITABLE	5,000
Young Concert Artists Inc 250 W 57th Street Suite 1222 New York,NY10107	NONE	PUBLIC	CHARITABLE	5,000
Harrison Volunteer Ambulance Corps Inc 2 Pleasant Ridge Rd Harrison,NY10528	NONE	PUBLIC	CHARITABLE	100
The New York Public Library 5th Avenue 42nd Street Room 105 New York,NY10018	NONE	PUBLIC	CHARITABLE	2,000
National Museum of American History 14th Street Constitution Avenue Washington,DC20560	NONE	PUBLIC	CHARITABLE	200,000
WNET 450 W 33rd Street New York,NY10001	NONE	PUBLIC	CHARITABLE	10,000
New York Historical Society 170 CPW New York,NY10024	NONE	PUBLIC	CHARITABLE	5,000
Council on Foreign Relations 58 E 68th Street New York,NY10131	NONE	PUBLIC	CHARITABLE	5,000
The Doe Fund 232 E 84th Street New York,NY10028	NONE	PUBLIC	CHARITABLE	3,000
Caramoor Center for Music & the Arts PO Box 816 Katonah,NY10536	NONE	PUBLIC	CHARITABLE	5,000
New York Historical Society 170 CPW New York,NY10024	NONE	PUBLIC	CHARITABLE	4,650
The Carnegie Hall Society 881 Seventh Avenue New York,NY10019	NONE	PUBLIC	CHARITABLE	6,500
Horace Mann School 231 W 246th Street Riverdale,NY10471	NONE	PUBLIC	CHARITABLE	1,250
Hospital for Special Surgery Fund Inc 535 E 70th Street New York,NY10021	NONE	PUBLIC	CHARITABLE	25,000
F-E-G-S 315 Hudson St New York,NY10013	NONE	PUBLIC	CHARITABLE	1,000
Museum of Arts & Design 2 Columbus Circle New York,NY10019	NONE	PUBLIC	CHARITABLE	2,000
Greater Port Jefferson Arts Council 101 East Broadway Port Jefferson,NY11777	NONE	PUBLIC	CHARITABLE	10,000
Saratoga Performing Arts Center 108 Avenue of the Pines Saratoga Springs,NY12866	NONE	PUBLIC	CHARITABLE	5,000
United Cerebral Palsy of NYC 80 Maiden Lane 8th Floor New York,NY10038	NONE	PUBLIC	CHARITABLE	1,000
Montclair Kimberley Academy 201 Valley Rd Montclair,NJ07042	NONE	PUBLIC	CHARITABLE	1,000
Jumpstart 505 8th Avenue Suite 602 New York,NY10018	NONE	PUBLIC	CHARITABLE	2,000
The New York Pops 333 W 52nd Street Suite 600 New York,NY10019	NONE	PUBLIC	CHARITABLE	450
Greater NY Councils Boys Scouts of America 350 Fifth Avenue Suite 430 New York,NY10118	NONE	PUBLIC	CHARITABLE	1,000
Carnegie Hall Society Inc 881 Seventh Avenue New York,NY10019	NONE	PUBLIC	CHARITABLE	500
National Center for Learning Disabilities Inc 381 Park Avenue South Suite 1401 New York,NY10016	NONE	PUBLIC	CHARITABLE	1,000
Orchestra of St Luke's 330 W 42nd Street 9th Floor New York,NY10036	NONE	PUBLIC	CHARITABLE	1,500
Columbia University-Avery Library 1172 Amsterdam Avenue New York,NY10027	NONE	PUBLIC	CHARITABLE	15,000
Park Avenue Armory 643 Park Avenue New York,NY10065	NONE	PUBLIC	CHARITABLE	50,000
The Jewish Museum 1109 5th Avenue New York,NY10128	NONE	PUBLIC	CHARITABLE	10,000
Nami Minnesota 800 Transfer Rd 31 Saint Paul,MN55114	NONE	PUBLIC	CHARITABLE	1,000
Roundabout Theatre 111 W 46th Street 3rd Floor New York,NY10036	NONE	PUBLIC	CHARITABLE	2,000
The Library of America 14 E 60th Street New York,NY10022	NONE	PUBLIC	CHARITABLE	450
New York City Opera 20 Lincoln Center New York,NY10023	NONE	PUBLIC	CHARITABLE	5,000
Carnegie Hall 881 Seventh Avenue New York,NY10019	NONE	PUBLIC	CHARITABLE	100,000
Carnegie Hall 881 Seventh Avenue New York,NY10019	NONE	PUBLIC	CHARITABLE	25,000
Hillel PO Box 92994 Washington,DC20090	NONE	PUBLIC	CHARITABLE	5,000
The Acting Company PO Box 898 New York,NY10108	NONE	PUBLIC	CHARITABLE	1,000
The New York Botanical Garden 200th Street Kazimiroff Blvd Bronx,NY10458	NONE	PUBLIC	CHARITABLE	1,500
92nd Street Y 1395 Lexington Avenue New York,NY10128	NONE	PUBLIC	CHARITABLE	10,000
Truman National Security Project 1420 K Street NW Suite 250 Washington,DC20005	NONE	PUBLIC	CHARITABLE	10,000
Park Avenue Armory 643 Park Avenue New York,NY10065	NONE	PUBLIC	CHARITABLE	100,000
New York Philarmonic 10 Lincoln Center Plaza New York,NY10023	NONE	PUBLIC	CHARITABLE	10,000
Municipal Art Society of NY 111 W 57th Street New York,NY10019	NONE	PUBLIC	CHARITABLE	5,000
Norman Rockwell Museum 9 Route 183 Stockbridge,MA01262	NONE	PUBLIC	CHARITABLE	2,500
Central Synagogue 123 E 55th Street New York,NY10022	NONE	PUBLIC	CHARITABLE	15,400
International Center of Photography 1114 Avenue of Americas New York,NY10036	NONE	PUBLIC	CHARITABLE	20,000
The Rockefeller University 1230 York Avenue Box 164 New York,NY10065	NONE	PUBLIC	CHARITABLE	1,000
The Museum of Arts and Design 2 Columbus Circle New York,NY10019	NONE	PUBLIC	CHARITABLE	1,000
Metropolitan Opera Lincoln Center New York,NY10023	NONE	PUBLIC	CHARITABLE	5,000
New York Philharmonic 10 Lincoln Center Plaza New York,NY10023	NONE	PUBLIC	CHARITABLE	1,500
American Friends of the Paris Opera & Ballet 972 Fifth Avenue New York,NY10075	NONE	PUBLIC	CHARITABLE	1,000
Smith College PO Box 340029 Boston,MA02241	NONE	PUBLIC	CHARITABLE	2,500
Juilliard School 60 Lincoln Center Plaza New York,NY10023	NONE	PUBLIC	CHARITABLE	30,000
Juilliard School 60 Lincoln Center Plaza New York,NY10023	NONE	PUBLIC	CHARITABLE	100,000
Juilliard School 60 Lincoln Center Plaza New York,NY10023	NONE	PUBLIC	CHARITABLE	100,000
Harlem Educational Activities Fund 200 Madison Avneue New York,NY10016	NONE	PUBLIC	CHARITABLE	10,000
New York City Center 130 W 56th Street New York,NY10019	NONE	PUBLIC	CHARITABLE	4,080
The Carnegie Hall Society 881 Seventh Avenue New York,NY10019	NONE	PUBLIC	CHARITABLE	22,568
Museum of the City of New York 1220 Fifth Avenue New York,NY10029	NONE	PUBLIC	CHARITABLE	10,000
WNET 450 W 33rd Street New York,NY10001	NONE	PUBLIC	CHARITABLE	50,000
New York Hall of Science 47-01 111th Street Queens,NY11368	NONE	PUBLIC	CHARITABLE	5,000
Amazing Afternoons-WJCS 845 N Broadway White Plains,NY10603	NONE	PUBLIC	CHARITABLE	1,500
Park Avenue Armory 643 Park Avenue New York,NY10065	NONE	PUBLIC	CHARITABLE	6,500
East Side House Settlement 337 Alexander Avenue Bronx,NY10454	NONE	PUBLIC	CHARITABLE	1,850
Lincoln Center for Performing Art 150 W 65th Street New York,NY10023	NONE	PUBLIC	CHARITABLE	22,500
Samuel Waxman Cancer Research Foundation 420 Lexington Avenue New York,NY10170	NONE	PUBLIC	CHARITABLE	2,500
Library of America 14 E 60th Street New York,NY10022	NONE	PUBLIC	CHARITABLE	85,000
Library of America 14 E 60th Street New York,NY10022	NONE	PUBLIC	CHARITABLE	25,000
Park Avenue Armory 643 Park Avenue New York,NY10065	NONE	PUBLIC	CHARITABLE	14,500
National Park of New York Habor Conservancy 26 Wall Street New York,NY10005	NONE	PUBLIC	CHARITABLE	5,000
The WQXR Campaign 160 Varick Street New York,NY10013	NONE	PUBLIC	CHARITABLE	25,000
Park Avenue Armory 643 Park Avenue New York,NY10065	NONE	PUBLIC	CHARITABLE	13,400
The Actors Fund 79 Seventh Avenue 10th Floor New York,NY10102	NONE	PUBLIC	CHARITABLE	1,000
Marlboro School of Music 1616 Walnut Street Suite 1600 Phila,PA19103	NONE	PUBLIC	CHARITABLE	5,000
Alzheimer's Drug Discovery Foundation 1414 Avenue of Americas Suite 1502 New York,NY10102	NONE	PUBLIC	CHARITABLE	2,500
Center for Living 226 East 52nd Street New York,NY10022	NONE	PUBLIC	CHARITABLE	1,000
Intrepid Sea Air & Space Museum West 46th Street 12th Avenue New York,NY10036	NONE	PUBLIC	CHARITABLE	10,000
The Sapling Foundation PO Box 620952 Woodside,CA94062	NONE	PUBLIC	CHARITABLE	112,500
The Sapling Foundation PO Box 620952 Woodside,CA94062	NONE	PUBLIC	CHARITABLE	12,500
Albert Einstein College of Medicine 1165 Morris Park Avenue Bronx,NY10461	NONE	PUBLIC	CHARITABLE	5,000
Harlem Educational Activities Fund 200 Madison Avenue New York,NY10016	NONE	PUBLIC	CHARITABLE	12,500
The Jewish Federations of North America Wall Street Station PO Box 157 New York,NY10268	NONE	PUBLIC	CHARITABLE	5,000
Juilliard School 155 W 65th Street New York,NY10023	NONE	PUBLIC	CHARITABLE	15,000
Jewish Museum 1109 Fifth Avenue New York,NY10128	NONE	PUBLIC	CHARITABLE	10,000
New York Historical Society 170 Central Park West New York,NY10024	NONE	PUBLIC	CHARITABLE	2,500
Park Avenue Armory 643 Park Avenue New York,NY10065	NONE	PUBLIC	CHARITABLE	50,000
Army War College Foundation 122 Forbes Avenue Carlisle,PA17013	NONE	PUBLIC	CHARITABLE	5,000
Histroric Hudson Valley 639 Bedford Rd Pocantico Hills,NY10591	NONE	PUBLIC	CHARITABLE	2,500
The Skyscraper Museum 39 Battery Place New York,NY10280	NONE	PUBLIC	CHARITABLE	5,000
New York Public Radio 160 Verick Street New York,NY10013	NONE	PUBLIC	CHARITABLE	1,000
Copland House PO Box 2177 Cortlandt Manor,NY10567	NONE	PUBLIC	CHARITABLE	1,000
Third Street Music School Settlement 235 E 11th Street New York,NY10003	NONE	PUBLIC	CHARITABLE	1,000
The Breast Cancer Research Foundation 60 East 56th Street 8th Floor New York,NY10022	NONE	PUBLIC	CHARITABLE	5,000
Yellow Barn Scholarship Fund 63 Main Street Putney,VT05346	NONE	PUBLIC	CHARITABLE	500
Yes Atlanta PO Box 54692 Atlanta,GA30308	NONE	PUBLIC	CHARITABLE	2,500
Yale Alumni Fund PO Box 803 New Haven,CT06503	NONE	PUBLIC	CHARITABLE	2,000
Jewish Opportunities Institute 450 W 33rd Street 11th Floor New York,NY10001	NONE	PUBLIC	CHARITABLE	1,500
Susan G Komen North Jersey - Teens for Cure 785 Springfield Avenue Summit,NJ07901	NONE	PUBLIC	CHARITABLE	500
Hospital for Special Surgery Fund 53 E 70th Street New York,NY10021	NONE	PUBLIC	CHARITABLE	4,835
New York City Opera 20 Lincoln Center New York,NY10023	NONE	PUBLIC	CHARITABLE	5,000
Brain Trauma Foundation 415 Madison Avenue 14th Floor New York,NY10017	NONE	PUBLIC	CHARITABLE	25,000
Samuel Waxman Cancer Research Foundation 30 Oakley Avenue Mt Vernon,NY10550	NONE	PUBLIC	CHARITABLE	5,000
The Classical Recording Foundation 128 Manor Lane Pelham,NY10803	NONE	PUBLIC	CHARITABLE	1,000
French Heritage Society 14 E 60th Street Suite 605 New York,NY10022	NONE	PUBLIC	CHARITABLE	2,500
The Museum of Modern Art 11 W 53rd Street New York,NY10019	NONE	PUBLIC	CHARITABLE	1,500
The Brooking Institution 1775 Massachusetts Avenue NW Washington,DC20036	NONE	PUBLIC	CHARITABLE	10,000
Hospital for Special Surgery 53 E 70th Street New York,NY10021	NONE	PUBLIC	CHARITABLE	5,000
Martina Arroyo Foundation Inc PO Box 2015 Radio City Station,NY10101	NONE	PUBLIC	CHARITABLE	1,000
Juilliard School 60 Lincoln Center Plaza New York,NY10023	NONE	PUBLIC	CHARITABLE	22,500
Smith College PO Box 340029 Boston,MA02241	NONE	PUBLIC	CHARITABLE	5,000
The Urban Assembly 509 W 129th Street New York,NY10027	NONE	PUBLIC	CHARITABLE	1,000
CEI-PEA 95 Madison Avenue Suite 601 New York,NY10016	NONE	PUBLIC	CHARITABLE	1,500
International Friends of Lyric Art Festival 315 Madison Avenue New York,NY10017	NONE	PUBLIC	CHARITABLE	1,000
Witness 80 Hanson Place 5th Floor Brooklyn,NY11217	NONE	PUBLIC	CHARITABLE	1,000
Friends of a Partner in Education Inc 16 Fayerweather Street Cambridge,MA021383330	NONE	PUBLIC	CHARITABLE	1,000
American Jewish Historical Society 15 West 16th Street New York,NY10011	NONE	PUBLIC	CHARITABLE	10,000
Central Synagogue 123 E 55th Street New York,NY10022	NONE	PUBLIC	CHARITABLE	25,000
Park Avenue Armory 643 Park Avenue New York,NY10065	NONE	PUBLIC	CHARITABLE	25,000
Park Avenue Armory 643 Park Avenue New York,NY10065	NONE	PUBLIC	CHARITABLE	50,000
Army War College Foundation Inc 122 Forbes Avenue Carlisle,PA17013	NONE	PUBLIC	CHARITABLE	5,000
The Arthur Ross Foundation 20 E 74th Street New York,NY10021	NONE	PUBLIC	CHARITABLE	2,000
Council on Foreign Relations 58 East 68th Street New York,NY10065	NONE	PUBLIC	CHARITABLE	20,000
New Orleans City Park 1 Palm Drive New Orleans,LA70124	NONE	PUBLIC	CHARITABLE	10,000
Susan W Rose Fund for Music 200 Madison Avenue New York,NY10016	NONE	PUBLIC	CHARITABLE	5,000
The New York Society Library 53 East 79th Street New York,NY10075	NONE	PUBLIC	CHARITABLE	2,000
Jump Start New York City 505 Eight Avenue Suite 1100 New York,NY10018	NONE	PUBLIC	CHARITABLE	500
NYP Fund Inc 525 East 68th Street Box 123 New York,NY10065	NONE	PUBLIC	CHARITABLE	1,000
Yellow Barn 63 Main Street Putney,VT05346	NONE	PUBLIC	CHARITABLE	500
Playwrights Realm 48 W 25th Street 10th Floor New York,NY10010	NONE	PUBLIC	CHARITABLE	1,000
Music Forward 344 Degraw Street 4C Brooklyn,NY11231	NONE	PUBLIC	CHARITABLE	5,000
American Association of the Old Xic 200 MADISON AVENUE 5TH FLOOR New York,NY10016	NONE	PUBLIC	CHARITABLE	1,250
Brooklyn Museum of Art 200 Eastern Parkway Brooklyn,NY11238	NONE	PUBLIC	CHARITABLE	1,000
Business Executives for National Security 1030 15th Street NW Suite 200 East Washington,DC20005	NONE	PUBLIC	CHARITABLE	25,000
Total ................................. 3a				5,178,200

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	3,650,000
2	Check
3	Interest on savings and temporary cash investments	10,797		10,797
4	Dividends and interest from securities......	51,747		51,747
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		189,155
b	Gross sales price for all assets on line 6a 189,155
7	Capital gain net income (from Part IV, line 2)...			189,155
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).......		101,825	101,825
12	Total. Add lines 1 through 11........	4,003,524		353,524
13	Compensation of officers, directors, trustees, etc.	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		637	637
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		92,359	92,359
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	92,996		92,996	0
25	Contributions, gifts, grants paid........	5,178,200			5,178,200
26	Total expenses and disbursements. Add lines 24 and 25	5,271,196		92,996	5,178,200
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-1,267,672
b	Net investment income (if negative, enter -0-)			260,528
c	Adjusted net income (if negative, enter -0-)...

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	-27,626	-29,667	-29,667
	2	Savings and temporary cash investments..........	867,002	134,291	134,291
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	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)........	1,832,838	1,873,954	2,284,681
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............	13,756	0	0
	13	Investments—other (attach schedule)...........	8,787,478	8,249,586	12,620,861
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	11,473,448	10,228,164	15,010,166
	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 )	2,182,837	2,205,255
	23	Total liabilities (add lines 17 through 22)..........	2,182,837	2,205,255
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		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	9,290,611	8,022,909
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	9,290,611	8,022,909
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	11,473,448	10,228,164

(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
1 a	INFORMATION AVAILABLE UPON REQUEST	P
b	INFORMATION AVAILABLE UPON REQUEST	P
c
d
e

(e) Gross sales price		(h) Gain or (loss) (e) plus (f) minus (g)
a	27,914	27,914
b	161,241	161,241
c
d
e

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			27,914
b			161,241
c
d
e

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	5,829,690	2,999,262	1.943708
2009	2,614,503	3,790,247	0.689798
2008	5,291,522	4,684,035	1.129693
2007	5,332,003	32,600,216	0.163557
2006	3,347,310	30,554,435	0.109552

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
ELIHU ROSE	PRESIDENT/SECRETARY/DIRECTOR 0	0	0	0
2 EAST 88TH STREET NEW YORK,NY10128	PRESIDENT/SECRETARY/DIRECTOR 0	0	0	0
SUSAN W ROSE	DIRECTOR 0	0	0	0
2 EAST 88TH STREET NEW YORK,NY10128	DIRECTOR 0	0	0	0

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...................

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

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

		(a) Corpus	(b) Years prior to 2010	(c) 2010	(d) 2011
1 Distributable amount for 2011 from Part XI, line 7					116,511
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			0
3 Excess distributions carryover, if any, to 2011:
a From 2006.......	1,845,766
b From 2007.......	3,745,232
c From 2008.......	5,077,456
d From 2009.......	2,426,945
e From 2010.......	5,685,677
fTotal of lines 3a through e.........		18,781,076
4Qualifying distributions for 2011 from Part
XII, line 4: $ 5,178,200
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.....					116,511
e Remaining amount distributed out of corpus		5,061,689
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		23,842,765
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
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 ...			0
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) .............		1,845,766
9Excess distributions carryover to 2012. Subtract lines 7 and 8 from line 6a ......		21,996,999
10 Analysis of line 9:
a Excess from 2007....	3,745,232
b Excess from 2008....	5,077,456
c Excess from 2009....	2,426,945
d Excess from 2010....	5,685,677
e Excess from 2011....	5,061,689

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	(e) Total

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

bApproved for future payment

Total ................................. 3b

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514
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	10,797
4 Dividends and interest from securities....			14	51,747
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	189,155
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aFARALLON CAPITAL INST PTNR			16	47,378
bFARALLON CAPITAL INST PTNR - SEC.988 LOSS			16	-2,154
c20 EAST 35TH STREET			16	-200
dGOODHUE HOUSE CO			16	57,070
eGOODHUE RESIDENTIAL CO			16	-269
12 Subtotal. Add columns (b), (d), and (e)..				353,524

Name of organization SUSAN AND ELIHU ROSE FOUNDATION INC
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Part I	Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	ELIHU ROSE 2 EAST 88TH STREET NEW YORK, NY 10128	$1,825,000	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	SUSAN W ROSE 2 EAST 88TH STREET NEW YORK, NY 10128	$1,825,000	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

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

Software ID:
Software Version:

Name of organization SUSAN AND ELIHU ROSE FOUNDATION INC
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Part II	Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ANADARKO PETE CORP COM	82,815	183,192
APACHE CORP COM	136,727	181,160
ENSCO INTERNATIONAL INC	199,838	164,220
INTERNATIONAL BUS MACH COM	179,134	367,760
LOEWS COS INC	165,423	150,600
METHANEX CORP COM	65,354	159,740
PIONEER NAT RES CO COM	77,735	161,064
REINSURANCE GROUP OF AMERICA	50,573	78,375
XEROX CORP	207,908	91,540
ACE LIMITED	34,623	56,096
HEWLETT PACKARD CO	102,277	69,552
SYMANTEC CORPORATION	81,635	78,250
AMGEN CORP	66,467	77,052
BAXTER INTERNATIONAL INC	0	0
DEVBURY RESOURCES INC	125,785	120,800
PFIZER INC	113,587	140,660
TRAVELERS COS INC	60,196	71,004
FEDEX CORP	123,877	133,616

Category/ Item	Book Value	End of Year Fair Market Value
FARALLON CAPITAL INST PATR, LP	3,107,781	2,242,988
GOODHUE HOUSE CO.	347,630	347,630
GOODHUE RESIDENTIAL CO.	17,179	17,179
INSTITUTIONAL INVESTMENT FUND	2,100,000	3,792,896
MILLENIUM INTL LTD.	2,500,000	6,043,172
20 EAST 35TH STREET	146,996	146,996
ISRAEL DEVELOPMENT BOND	30,000	30,000

Description	Revenue and Expenses per Books	Net Investment Income
INVESTMENT ADVISORY FEES	74,914	74,914
PROFESSIONAL FEES	3,888	3,888
DED. RELATED TO PORTFOLIO INC.	12,473	12,473
FILING FEES	1,084	1,084

Description	Revenue And Expenses Per Books	Net Investment Income
FARALLON CAPITAL INST PTNR	47,378	47,378
FARALLON CAPITAL INST PTNR- SEC.988 GAIN	-2,154	-2,154
20 EAST 35TH STREET	-200	-200
GOODHUE HOUSE CO	57,070	57,070
GOODHUE RESIDENTIAL CO	-269	-269

Description	Beginning of Year - Book Value	End of Year - Book Value
ARBITRAGE STRATEGIES L.P.	1,485,420	1,485,420
FARALLON FCIP, LTD	697,417	719,835