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 WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)J KRAINES 69-40 YELLOWSTONE BLVD Ro   Room/suite
City or town, state, and ZIP code
FOREST HILLS, NY11375
A Employer identification number

13-6163100
B Telephone number (see page 10 of the instructions)

(774) 240-1306
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$7,115,426J 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      
4 Dividends and interest from securities...... 374,280 374,280  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a 1,650,000
7 Capital gain net income (from Part IV, line 2)... 0
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 372    
12 Total. Add lines 1 through 11........ 374,652 374,280  
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 4,500      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 3,679      
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 514      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,693 0   0
25 Contributions, gifts, grants paid........ 342,600 342,600
26 Total expenses and disbursements. Add lines 24 and 25 351,293 0   342,600
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 23,359
b Net investment income (if negative, enter -0-) 374,280
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............... 208,478 116,154 116,154
2 Savings and temporary cash investments.......... 71,850 1,593 1,593
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) 1,209,100 Click to see attachment1,779,249 1,779,249
b Investments—corporate stock (attach schedule)........ 3,452,794 Click to see attachment2,904,597 2,904,597
c Investments—corporate bonds (attach schedule)........ 1,950,000 Click to see attachment2,259,075 2,259,075
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment70,052 Click to see attachment54,758 Click to see attachment54,758
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,962,274 7,115,426 7,115,426
Liabilities 17 Accounts payable and accrued expenses.......... 317 250
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).......... 317 250
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 6,961,957 7,115,176
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).................... 6,961,957 7,115,176
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 6,962,274 7,115,426
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 6,961,957
2 Enter amount from Part I, line 27a..................... 2 23,359
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 129,860
4 Add lines 1, 2, and 3.......................... 4 7,115,176
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 7,115,176
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.)
1a
b
c
d
e
(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
b
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
b
c
d
e
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  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 318,301 5,913,109 000.053830
2009 294,030 6,023,564 000.048813
2008 319,179 4,890,978 000.065259
2007 322,750 6,396,592 000.050457
2006 319,350 6,488,861 000.049215
2 Total of line 1, column (d) ...................... 2 000.267574
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. . . 		3 000.053515
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 6,277,805
5 Multiply line 4 by line 3....................... 5 335,957
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,743
7 Add lines 5 and 6......................... 7 339,700
8 Enter qualifying distributions from Part XII, line 4.............. 8 342,600
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 3,743
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 3,743
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 3,743
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 4,500
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.............. Tax Paid Original Return: 4500 7 4,500
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 10 757
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet757 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
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletNY
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 addressbullet  
    14
    The books are in care ofbulletTAXPAYER Telephone no.bullet (774) 240-1306
    Located atbulletJ KRAINES 69-40 YELLOWSTONE BLVDFOREST HILLSNY ZIP+4bullet11375
    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
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 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
    Yes
     
    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
    JEFFREY L KRAINES PRESIDENT
    005.00     		0    
    69-40 YELLOWSTONE BLVD
    FOREST HILLS,NY11375
    MERRILL M KRAINES TREASURER
    000.00     		0    
    69-40 YELLOWSTONE BLVD
    FOREST HILLS,NY11375
    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 NONE 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
    6,156,796
    b
    Average of monthly cash balances.......................
    1b
    216,610
    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
    6,373,406
    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
    6,373,406
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) Click to see attachment...........................
    4
    95,601
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,277,805
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    313,890
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    313,890
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    3,743
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,743
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    310,147
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    310,147
    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
    310,147
    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 Click to see attachment..........
    1a
    342,600
    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
    342,600
    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
    3,743
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    338,857
    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 7 310,147
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 202,680
    b Total for prior years:2007, 2008, 2009 782,278
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 342,600
    a Applied to 2010, but not more than line 2a 202,680
    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..... 139,920
    e Remaining amount distributed out of corpus  
    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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		782,278
    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 ...     		782,278
    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 ..........     		170,227
    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 ......     		 
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011....  
    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).)
    NONE
    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:
    JEFFREY KRAINES
    69-40 YELLOWSTONE BLVD APT 418
    FOREST HILLS,NY11375
    (774) 240-1306
    bThe form in which applications should be submitted and information and materials they should include:
    SEE ATTACHED
    cAny submission deadlines:
    NO DEADLINES
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO RESTRICTIONS
    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
    ADL OF BNAI BRITH
    40 Court Street Boston MA 02108
    Boston,MA02108     		    SUPPORT 2,500
    ALZHEIMER'S ASSOCIATION
    360 Lexington Avenue
    New York,NY10017     		    SUPPORT 5,000
    AMER GATHERING JEWISH HOLOCAUST SUR
    122 West 30 Street
    New York,NY10001     		    SUPPORT 5,000
    AMERICAN-ISRAEL FRIENDSHIP LEAGUE
    134 East 39th Street
    New York,NY10016     		    SUPPORT 2,500
    AMERICAN CIVIL LIBERTIES UNION FOUN
    211 Congress Street 3rd Fl
    Boston,MA02119     		    SUPPORT 2,500
    AMERICAN FRIENDS MAGEN DAVID ADOM
    29 Gray Birch Terrace
    Newton,MA02460     		    SUPPORT 5,000
    AMERICAN FRIENDS OF MEIR PANIM
    5316 New Utrecht Avenue
    Brooklyn,NY11219     		    SUPPORT 5,000
    AMERICAN INSTITUTE FOR CANCER RESEA
    1759 R Street NW
    Washington,DC20077     		    SUPPORT 1,500
    AMERICAN ISRAELI LIGHTHOUSE INC
    20 East 46 Street
    New York,NY10017     		    SUPPORT 1,000
    AMERICAN JEWISH COMMITTEE
    126 High Street
    Boston,MA02110     		    SUPPORT 25,900
    AMERICAN JEWISH HISTORICAL SOCIETY
    15 West 16th Street
    New York,NY10011     		    SUPPORT 500
    AMERICAN JEWISH WORLD SERVICE
    45 West 36th Street
    New York,NY10018     		    SUPPORT 2,500
    AMERICAN SOCIETY FOR YAD VASHEM
    PO Box 170305
    Milwaukee,WI53217     		    SUPPORT 2,500
    ARTHRITIS FOUNDATION
    29 Crafts Street 450
    Newton,MA02458     		    SUPPORT 2,500
    BELMONT DAY SCHOOL
    55 Day School Lane
    Belmont,MA02478     		    SUPPORT 1,000
    BELMONT HILL SCH DARREN GALLUP MEMO
    350 Prospect Street
    Belmont,MA02478     		    SUPPORT 500
    BELLMONT HILL SCHOOL ANNUAL FUND
    350 Prospect Street
    Belmont,MA02478     		    SUPPORT 500
    BETH MIDRASH GOVAHA
    617 Sixth Street
    Lakewood,NJ08701     		    SUPPORT 2,500
    BOSTON JEWISH FILM FESTIVAL
    1001 Watertown Street
    West Newton,MA02465     		    SUPPORT 1,200
    BROWN UNIVERSITY
    Annual Fund Box 1893
    Providence,RI02903     		    SUPPORT 1,000
    CAMERA
    PO Box 35040
    Boston,MA02135     		    SUPPORT 5,000
    CHABAD CHAI CENTER OF BROOKLINE
    105 St Paul Street
    Brookline,MA02446     		    SUPPORT 2,500
    CHABAD OF ROSLYN
    75 Powerhouse Rd
    Roslyn Heights,NY11577     		    SUPPORT 5,000
    CHAI LIFELINE INC
    151 West 30th Street
    New York,NY10001     		    SUPPORT 5,000
    CHAMAH
    27 William Street
    New York,NY10005     		    SUPPORT 5,000
    COMBINED JEWISH PHILANTHROPIES
    126 High Street
    Boston,MA02110     		    SUPPORT 20,000
    CONGREGATION AHAVAS ACHIM ZEMACH ZE
    1546 46 Street
    Brooklyn,NY11219     		    SUPPORT 2,000
    CONGREGATION ANSHEI LIOZNA
    1603 41st Street
    Brooklyn,NY11218     		    SUPPORT 5,000
    CONGREGATION KEREM SHALOM
    PO Box 1646
    Concord,MA01742     		    SUPPORT 1,900
    DANA FARBER CANCER INSTITUTE
    10 Brookline Plase West 6th Fl
    Brookline,MA02445     		    SUPPORT 100
    DOROT INC
    171 West 85 Street
    New York,NY10024     		    SUPPORT 4,500
    EDUCATIONAL INSTITUTE OHOLEI TORAH
    667 Eastern Parkway
    Brooklyn,NY11213     		    SUPPORT 2,500
    EZRAT ISRAEL INC
    806 Eastern Parkway
    Brooklyn,NY11213     		    SUPPORT 5,000
    FACING HISTORY AND OURSELVES
    16 Hurd Road
    Brookline,MA02445     		    SUPPORT 1,000
    FRIENDS NEW ENGLAND HOLOCAUST MEMOR
    126 High Street
    Boston,MA02110     		    SUPPORT 1,000
    FRIENDS OF ISRAEL DISABLED VETERANS
    1133 Broadway Suite 232
    New York,NY10010     		    SUPPORT 1,000
    FRIENDS OF JEWISH RENEWAL IN POLAND
    3700 Wilshire Blvd Sutie 957
    Los Angeles,CA90010     		    SUPPORT 500
    FRIENDS OF THE FORUM
    4116 N Kennicott
    Arlington Heights,IL60004     		    SUPPORT 1,000
    FRIENDS OF THE ISRAEL DEFENSE FORCE
    154 Wells Avenue
    Newton,MA02459     		    SUPPORT 1,000
    HOME OF THE SAGES IN ISRAEL
    25 Bialystoker Place
    New York,NY10002     		    SUPPORT 500
    Israel Guide Dog Center for the Bli
    732 S Settlers Circle
    Circle Warrington,PA18976     		    SUPPORT 5,000
    JEWISH BRAILLE INSTITUTE INTERNATIO
    110 East 30th Street
    New York,NY10016     		    SUPPORT 2,500
    JEWISH FOUNDATION FOR THE RIGHTEOUS
    305 Seventh Avenue
    New York,NY10001     		    SUPPORT 2,500
    JEWISH NATIONAL FUND
    77 Franklin Street
    Boston,MA02110     		    SUPPORT 5,000
    JEWISH POLICY CENTER
    50 F Street NW
    Washington,DC20001     		    SUPPORT 1,000
    JEWISH WAR VETERANS OF THE USA INC
    1811 R Street
    Washington,DC20009     		    SUPPORT 1,000
    JUNIOR ACHIEVEMENT OF NY INC
    205 East 42nd Street
    New York,NY10017     		    SUPPORT 5,000
    LEGAL AID SOCIATY OF SAN DIEGO
    110 S Euclid Avenue S
    San Diego,CA92114     		    SUPPORT 500
    MACHNE ISRAEL INC
    770 Eastern Parkway
    Brooklyn,NY11213     		    SUPPORT 10,000
    MANCHESTER COMMUNITY THEATRE PLAYER
    698 Beech Street
    Manchester,NH03104     		    SUPPORT 2,500
    MARTIN LUTHER KING NATIONAL MEMORIA
    PO Box 96071
    Washington,DC20077     		    SUPPORT 250
    MAYYIM HAYYIM
    1838 Washington Street
    Newton,MA02466     		    SUPPORT 250
    MEMORIAL SLOAN KETTERING CANCER CEN
    1275 York Avenue
    New York,NY10021     		    SUPPORT 5,000
    MESIVTA YESHIVA RABBI CHAIM BERLIN
    1605 Coney Island Avenue
    Brooklyn,NY11230     		    SUPPORT 2,500
    MESIVTHA TIFERETH JERUSALEM OF AMER
    145 East Broadway
    New York,NY10002     		    SUPPORT 2,500
    MIDDLE EAST FORUM
    1500 Walnut Street
    Philadelphia,PA19102     		    SUPPORT 2,000
    NATIONAL JEWISH HEALTH
    271 Madison Avenue
    New York,NY10016     		    SUPPORT 2,500
    NATIONAL YIDDISH BOOK CENTER
    1021 West Street
    Amherst,MA01002     		    SUPPORT 1,000
    NEW SECTOR ALLIANCE
    99 Chauncy Street
    Boston,MA02111     		    SUPPORT 500
    NORTH AMERICAN COUNCIL MUSEUM POLIS
    401 Broadway
    New York,NY10013     		    SUPPORT 1,000
    NYU HOSPITAL FOR JOINT DISEASES
    301 East 17th Street
    New York,NY10003     		    SUPPORT 20,000
    OHR HALIMUD
    1681 42nd Street
    Brooklyn,NY11204     		    SUPPORT 2,500
    ORPHAN POOR SICK FUND
    824 Eastern Parkway
    Brooklyn,NY11213     		    SUPPORT 5,000
    P'EYLIM LEV'ACHIM
    1034 East 12 Street
    Brooklyn,NY11230     		    SUPPORT 1,000
    SIMON WIESENTHAL CENTER
    1399 S Roxbury Drive
    Los Angeles,CA90035     		    SUPPORT 2,500
    SKIDMORE COLLEGE
    815 North Broadway
    Saratoga Springs,NY12866     		    SUPPORT 2,500
    SOUTHERN POVERTY LAW CENTER
    400 Washington Ave
    Montgomery,AL36104     		    SUPPORT 7,500
    THE ACADEMY FOR JEWISH RELIGION
    6301 Riverdale Avenue
    Riverdale,NY10471     		    SUPPORT 1,000
    THE HEBREW FREE BURIAL ASSOCIATION
    224 West 35th Street
    New York,NY10001     		    SUPPORT 5,000
    THE KENNETH B SCHWARTZ CENTER
    205 Portland Street
    Boston,MA02114     		    SUPPORT 5,000
    THE ROGOSIN INSTITUTE
    505 East 70 Street
    New York,NY10021     		    SUPPORT 5,000
    UJA FEDERATION OF NEW YORK
    130 East 59 Street
    New York,NY10022     		    SUPPORT 10,000
    UJA FEDERATION OF NORTHERN NEW JERS
    111 Kinderkamack Rd
    Riverdge,NJ07661     		    SUPPORT 1,800
    UNITED LUBAVITCHER YESHIVOTH
    841-853 Ocean Parway
    Brooklyn,NY11230     		    SUPPORT 20,000
    US HOLOCAUST MEMORIAL MUSEUM
    PO Box 90998
    Washington,DC20090     		    SUPPORT 5,000
    VISITING NURSE SERVICE OF NEW YORK
    107 East 70 Street
    New York,NY10021     		    SUPPORT 1,000
    WBUR
    890 Commonwealth Avenue
    Boston,MA02215     		    SUPPORT 500
    WESLEYAN UNIVERSITY
    318 High Street
    Middletown,CT06459     		    SUPPORT 5,000
    WORLD JEWISH CONGRESS FOUNDATION
    PO Box 90400
    Washington,DC20090     		    SUPPORT 5,000
    YAD CHESSED CHARITY FUND
    46 Columbia Street
    Brookline,MA02446     		    SUPPORT 7,500
    YIVO
    15 West 16th Street
    New York,NY10011     		    SUPPORT 1,000
    AMERICAN FRIENDS OF NGO MONITOR IN
    PMB 309 100 SPRINGDALE ROAD STE A3
    CHERRY HILL,NJ08003     		    SUPPORT 1,000
    AMERICAN BONE MARROW DONOR REGISTRY
    3111 LOS FELIZ AVE 206
    LOS ANGELES,CA90039     		    SUPPORT 1,000
    CHABAD OF NORTHWEST BERGEN COUNTY
    375 PULIS AVE
    FRANKLIN LAKES,NJ07417     		    SUPPORT 1,100
    CLEARBROOK
    1835 WEST CENTRAL ROAD
    ARLINGTON HEIGHTS,IL60005     		    SUPPORT 5,000
    COLBY FUND
    4320 MAYFLOWER HILL
    WATERVILLE,ME04901     		    SUPPORT 500
    CONGREGATION BETH EL SUDBURY CUBA
    C/O LINDA AND GARY HIRSCH 7 HIGHGAT
    WAYLAND,MA01778     		    SUPPORT 250
    FRIENDS OF WESTERN GALILEE HOSPITAL
    315 MADISON AVE SUITE 901
    NEW YORK,NY10017     		    SUPPORT 500
    GEORGE WASHINGTON INST RELIGIOUS FR
    50 BROAD STREET SUITE 1137
    NEW YORK,NY10004     		    SUPPORT 500
    GLENKIRK
    3504 COMMERCIAL AVE
    NORTHBROOK,IL60062     		    SUPPORT 1,500
    JCAM CHARITABLE FOUNDATION
    189 WELLS AVE
    NEWTON CENTRE,MA02459     		    SUPPORT 5,000
    JEWISH COUNCIL PUBLIC AFFAIRS
    PO BOX 1415
    NEW YORK,NY10156     		    SUPPORT 250
    JEWISH DEAF RESOURCE CENTER
    PO BOX 318
    HARTSDALE,NY10530     		    SUPPORT 1,000
    JEWISH FAMILY CHILDREN'S SERVICE
    1430 MAIN STREET
    WALTHAM,MA02451     		    SUPPORT 5,000
    JEWISH FUNDS FOR JUSTICE PJA
    330 7TH AVE 19TH FLOOR
    NEW YORK,NY10001     		    SUPPORT 1,000
    LAWRENCE ACADEMY
    PO BOX 992
    GROTON,MA01450     		    SUPPORT 500
    METZILAH CENTER
    317 MADISON AVE SUITE 607
    NEW YORK,NY10017     		    SUPPORT 500
    NARAL PRO-CHOICE AMERICA FOUNDATION
    1156 15TH STREET NW
    WASHINGTON,DC20005     		    SUPPORT 1,000
    ONE BY ONE
    PO BOX 1709
    BROOKLINE,MA02446     		    SUPPORT 500
    ONE FAMILY FUND
    PO BOX 822732
    PHILADELPHIA,PA19182     		    SUPPORT 5,000
    PLANNED PARENTHOOD FEDERATION AMERI
    434 WEST 33RD STREET
    NEW YORK,NY10001     		    SUPPORT 2,500
    THE DAVID PROJECT
    PO BOX 52390
    BOSTON,MA02205     		    SUPPORT 1,000
    THE GREATER BOSTON FOOD BANK
    PO BOX 55860
    BOSTON,MA02205     		    SUPPORT 100
    THE VILNA SHUL
    18 PHILLIPS STREET
    BOSTON,MA02114     		    SUPPORT 250
    UCSJ UNION OF COUNCILS FOR JEWS
    PO BOX 11676
    WASHINGTON,DC20008     		    SUPPORT 1,000
    WGBH
    PO BOX 55875
    BOSTON,MA02205     		    SUPPORT 250
    Total .................................bullet 3a 342,600
    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....     14 374,280  
    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          
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aRESIDUAL ESTATE OF B. GOLDMAN         372
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   374,280 372
    13Total. Add line 12, columns (b), (d), and (e)..................
    13374,652
    (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.)
    4 Dividend and interest income on investment
    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: 11000218
    Software Version: 2011.0.0
    Part VI Line 7 - Tax Paid Original Return: 4500


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2011
    Name of organization
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
     
    Employer identification number

    13-6163100
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 2
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
          		Employer identification number

    13-6163100
    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
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 3
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
          		Employer identification number

    13-6163100
    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)

    Page 4
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
          		Employer identification number

    13-6163100
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    Use duplicate copies of Part III if additional space is needed
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Additional Data


    Software ID: 11000218
    Software Version: 2011.0.0

    TY 2011 AccountingFeesSchedule
    Name:
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
    EIN: 13-6163100
    Software ID:11000218
    Software Version:2011.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ROCCO J. RICCIARDI 4,500      

    TY 2011 GeneralExplanationAttachment
    Name:
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
    EIN: 13-6163100
    Software ID:11000218
    Software Version:2011.0.0
    Identifier Return Reference Explanation

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
    EIN: 13-6163100
    Software ID:11000218
    Software Version:2011.0.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    GENERAL ELECTRIC 5.25% 03/15/2020 1,529,595 1,529,595
    GE CAPITAL 5.00% 05/15/1930 729,480 729,480

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
    EIN: 13-6163100
    Software ID:11000218
    Software Version:2011.0.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    6920 shares of CITIGROUP 6 PFD 148,157 148,157
    2000 shares of PLC 7.75 PFD 50,200 50,200
    40000 shares of JP MORGAN CHASE 5.88 PFD 1,000,400 1,000,400
    275000 shares of GEORGIA POWER 6.50 30,140 30,140
    40000 shares of GOLDMAN SACHS 6.125 990,800 990,800
    8000 shares of GULF POWER 5.750 PFD 234,000 234,000
    18000 shares of GOLDMAN SACHS 6.50 450,900 450,900

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
    EIN: 13-6163100
    Software ID:11000218
    Software Version:2011.0.0
    US Government Securities - End of Year Book Value:

    1,779,249
    US Government Securities - End of Year Fair Market Value:

    1,779,249
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2011 OtherAssetsSchedule
    Name:
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
    EIN: 13-6163100
    Software ID:11000218
    Software Version:2011.0.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST DIVIDENDS 70,052 53,937 53,937
    PREPAID FEDERAL EXCISE TAX   821 821


    TY 2011 OtherExpensesSchedule
    Name:
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
    EIN: 13-6163100
    Software ID:11000218
    Software Version:2011.0.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS FEES 264      
    CHAR FEE 250      


    TY 2011 OtherIncomeSchedule2
    Name:
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
    EIN: 13-6163100
    Software ID:11000218
    Software Version:2011.0.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    RESIDUAL ROYALTIES B. GOLDMAN EST. 372    


    TY 2011 OtherIncreasesSchedule
    Name:
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
    EIN: 13-6163100
    Software ID:11000218
    Software Version:2011.0.0
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 129,860


    TY 2011 TaxesSchedule
    Name:
    THE WILLIAM P GOLDMAN AND BROTHERS FOUNDATION INC
    EIN: 13-6163100
    Software ID:11000218
    Software Version:2011.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 3,679 0 0 0