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 11-01-2011 , and ending 10-31-2012
G
Check all that apply:
Name of foundation
WILF FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)820 MORRIS TURNPIKE   Room/suite
City or town, state, and ZIP code
SHORT HILLS, NJ07078
A Employer identification number

22-6075840
B Telephone number (see page 10 of the instructions)

(908) 654-7010
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$112,241,176J 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 4,537,190 4,537,190  
4 Dividends and interest from securities......      
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 84,703
b Gross sales price for all assets on line 6a 12,122,340
7 Capital gain net income (from Part IV, line 2)... 84,703
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).......      
12 Total. Add lines 1 through 11........ 4,621,893 4,621,893  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 89,323 89,323    
15 Pension plans, employee benefits....... 8,564 8,564    
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 12,000 12,000    
c Other professional fees (attach schedule).... Click to see attachment 135,000 135,000    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 44,000      
19 Depreciation (attach schedule) and depletion... Click to see attachment 3,538 3,538  
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 16,624 16,624    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 309,049 265,049   0
25 Contributions, gifts, grants paid........ 7,311,480 7,311,480
26 Total expenses and disbursements. Add lines 24 and 25 7,620,529 265,049   7,311,480
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,998,636
b Net investment income (if negative, enter -0-) 4,356,844
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............... 4,811,760 6,274,042 6,274,042
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 81,456 77,456 77,456
10a Investments—U.S. and state government obligations (attach schedule) 31,185,981 26,204,942 29,055,214
b Investments—corporate stock (attach schedule)........ 24,343,553 Click to see attachment24,649,950 60,308,526
c Investments—corporate bonds (attach schedule)........ 12,436,389 Click to see attachment12,750,507 12,995,170
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 3,369,770 Click to see attachment2,779,770 2,929,000
14 Land, buildings, and equipment: basis bullet30,708
Less: accumulated depreciation (attach schedule) bullet28,940 5,306 Click to see attachment1,768 1,768
15 Other assets (describe bullet) Click to see attachment100,000 Click to see attachment600,000 Click to see attachment600,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 76,334,215 73,338,435 112,241,176
Liabilities 17 Accounts payable and accrued expenses..........   2,856
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)..........   2,856
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 76,334,215 73,335,579
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).................... 76,334,215 73,335,579
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 76,334,215 73,338,435
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 76,334,215
2 Enter amount from Part I, line 27a..................... 2 -2,998,636
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 73,335,579
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 73,335,579
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a 40000 ISRAEL BONDS P 2000-02-01 2012-01-21
b 674 FNMA 61 E 7.5 24 P 1996-06-06 2012-10-31
c 300000 VORNADO REALTY 3.875 25 P 2009-02-24 2012-04-18
d 200000 ISRAEL BONDS P 2011-05-01 2012-05-01
e 420 FNMA 52 G 6 19 P 1996-02-08 2012-10-31
6504 BANK ONE CAPITAL TRUST 7.2 PFD P 2001-07-16 2012-04-20
50000 ISRAEL BONDS P 2000-07-01 2012-07-23
1014331 GNMA PA 4.5 38 P 2009-04-05 2012-10-31
250000 GOLDMAN SACHS 2.625 14 P 2011-11-03 2012-05-10
300000 ISRAEL BONDS P 2000-09-01 2012-09-10
1795576 GNMA 22 GA 4.5 35 P 2009-04-07 2012-10-31
200000 BANK OF AMERICA 6.15 29 P 2004-06-01 2012-06-15
500 CALL VORNADO 90 DEC-SHORT P 2011-12-19 2011-09-01
4385 FNMA 255 E 7.1 23 P 1997-11-25 2012-10-31
3755 AIMCO 8 PFD P 2004-09-24 2012-06-15
500 CALL VORNADO 85 JUNE-SHORT P 2012-06-18 2012-01-27
57394 FNMA 86KW P 2008-01-28 2012-10-31
250000 JP MORGAN CHASE CAPITAL XXVII P 2010-10-20 2012-07-12
95550 PEOPLES UNITED FINANCIAL P 2005-12-20 2012-05-31
836571 GNMA 22 QE 5 32 P 2009-03-05 2012-10-31
10000 VORNADO REALTY TRUST SER E 7 P P 2004-08-20 2012-08-16
82749 FHLMC 1486D 7.23 P 1993-04-30 2012-10-31
1465384 GNMA 38 BC 5 3 P 2009-04-07 2012-10-31
250000 SCHWAB CAPITAL TRUST 7.5 37 P 2010-10-27 2012-08-01
134461 FHLMC 2104Z 6.5 28 P 1999-02-23 2012-10-31
200000 HOUSEHOLD FINANCE 7.1 11 P 2001-09-10 2012-06-15
2000 TAUBMAN CENTERS 8 PFD P 2004-11-06 2012-09-04
56862 FHLMC 1579PM 6.7 23 P 1993-07-30 2012-10-31
250000 SPRINT CAPITAL 8.375 12 P 2011-09-27 2011-12-29
10000 AMERICAN FINANCIAL GROUP 7.125 P 2004-01-28 2012-09-28
832 GNMA 207264 8.5 17 P 1991-07-30 2012-10-31
500000 STEEL DYNAMICS 7.375 12 P 2010-08-13 2012-01-12
250000 AMERICAN AXLE & MFG 5.25 14 P 2011-08-20 2012-10-03
115 GNMA 313172 8.5 21 P 1991-07-30 2012-10-31
250000 FORD MOTOR CREDIT FLOATING 12 P 2010-05-21 2012-01-13
12000 CORTS WEYERHAEUSER 6 PFD P 2004-02-16 2012-11-19
9303 GNMA 321437 7.5 12 P 1992-04-20 2012-10-31
157 VALLEY NATIONAL BANK 7.25 PFD P 2001-10-31 2012-01-17
250000 NRG ENERGY 7.375 17 P 2011-03-18 2012-10-24
467 GNMA 321439 7.5 12 P 1992-04-21 2012-10-31
250000 BRANDYWINE OPERATING PARTNERS P 2010-02-09 2012-04-02
290 DELTEK P 2007-11-01 2012-10-11
644 GNMA 001843 7.5 2 P 1992-06-05 2012-10-31
250000 PNC FINANCIAL SERVICES 6.75 P 2011-08-05 2012-04-10
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 40,000   40,000  
b 675   657 18
c 300,000   243,000 57,000
d 200,000   200,000  
e 419   405 14
162,600   162,600  
50,000   50,000  
1,014,331   1,047,298 -32,967
250,000   250,000  
300,000   300,000  
1,795,573   1,865,156 -69,583
200,000   200,000  
212,985     212,985
4,385   4,369 16
93,875   93,875  
137,022     137,022
57,394   56,748 646
250,000   250,000  
1,109,917   1,231,889 -121,972
836,572   867,944 -31,372
250,000   249,100 900
82,749   81,094 1,655
1,465,384   1,531,328 -65,944
250,000   263,750 -13,750
134,461   131,448 3,013
200,000   200,000  
50,000   50,000  
56,862   56,151 711
254,160   256,062 -1,902
250,000   250,000  
833   832 1
508,335   535,000 -26,665
266,352   241,875 24,477
125   125  
250,000   238,750 11,250
300,000   300,000  
9,304   9,281 23
3,925   3,925  
259,220   263,125 -3,905
468   465 3
250,000   260,000 -10,000
3,770   3,870 -100
644   640 4
260,000   246,875 13,125
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       18
c       57,000
d        
e       14
       
       
      -32,967
       
       
      -69,583
       
      212,985
      16
       
      137,022
      646
       
      -121,972
      -31,372
      900
      1,655
      -65,944
      -13,750
      3,013
       
       
      711
      -1,902
       
      1
      -26,665
      24,477
       
      11,250
       
      23
       
      -3,905
      3
      -10,000
      -100
      4
      13,125
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 84,703
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 3 361,230
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 5,561,143 114,499,508 0.048569
2009 5,280,694 107,465,670 0.049138
2008 5,180,609 98,889,058 0.052388
2007 2,221,462 114,244,548 0.019445
2006 3,720,953 130,497,109 0.028514
2 Total of line 1, column (d) ...................... 2 0.198054
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 0.039611
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 112,351,456
5 Multiply line 4 by line 3....................... 5 4,450,354
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 43,568
7 Add lines 5 and 6......................... 7 4,493,922
8 Enter qualifying distributions from Part XII, line 4.............. 8 7,411,480
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 43,568
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 43,568
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 43,568
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 121,512
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.............. 7 121,512
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 77,944
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet77,944 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletNJ
    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 addressbulletN/A
    14
    The books are in care ofbulletNEIDICH AND COMPANY Telephone no.bullet (908) 654-7010
    Located atbullet200 CENTRAL AVENUEMOUNTAINSIDENJ ZIP+4bullet07092
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
     
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    JOSEPH WILFClick to see attachment TRUSTEE/CHAI
    1.00     		0 0 0
    945 WESTMINSTER AVE
    HILLSIDE,NJ07205
    ELIZABETH WILFClick to see attachment TRUSTEE
    1.00     		0 0 0
    945 WESTMINSTER AVE
    HILLSIDE,NJ07205
    LEONARD WILFClick to see attachment TRUSTEE/PRES
    1.00     		0 0 0
    880 5TH AVE APT 11F
    NEW YORK,NY10021
    ZYGMUNT WILFClick to see attachment TRUSTEE/VP
    1.00     		0 0 0
    500 ASHWOOD RD
    SPRINGFIELD,NJ07081
    MARK WILFClick to see attachment TRUSTEE/SEC
    1.00     		0 0 0
    6 LOCKHERN COURT
    LIVINGSTON,NJ07039
    ORIN WILFClick to see attachment TRUSTEE/TREA
    1.00     		0 0 0
    170 EAST END AVE APT 7C
    NEW YORK,NY10128
    JASON WILFClick to see attachment TRUSTEE
    1.00     		0 0 0
    39 EAST 29TH STREET
    NEW YORK,NY10016
    JEFFREY WILFClick to see attachment TRUSTEE
    1.00     		0 0 0
    280 PARK AVE SOUTH APT 25A
    NEW YORK,NY10010
    JONATHAN WILFClick to see attachment TRUSTEE
    1.00     		0 0 0
    500 ASHWOOD RD
    SPRINGFIELD,NJ07081
    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
    MARY ELLEN LAWRENCEClick to see attachment ADMINISTRATO
    40.00     		89,323    
    820 MORRIS TURNPIKE
    SHORT HILLS,NJ07078
    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
    BELIN CONSULTING CONSULTING 135,000
    638 HANLEY AVE
    LOS ANGELES,CA90049
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 100,000 0% INTEREST LOAN MADE TO JEWISH EDUCATIONAL CENTER OF ELIZABETH, NJ 100,000
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet100,000
    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
    107,840,267
    b
    Average of monthly cash balances.......................
    1b
    5,542,901
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    679,224
    d
    Total (add lines 1a, b, and c).........................
    1d
    114,062,392
    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
    114,062,392
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    1,710,936
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    112,351,456
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,617,573
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    5,617,573
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    43,568
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    43,568
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,574,005
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    5,574,005
    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
    5,574,005
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    7,311,480
    b
    Program-related investments—total from Part IX-B..................
    1b
    100,000
    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
    7,411,480
    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
    43,568
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    7,367,912
    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 5,574,005
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008....... 404,728
    d From 2009....... 73,932
    e From 2010.......  
    fTotal of lines 3a through e......... 478,660
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 7,411,480
    a Applied to 2010, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2011 distributable amount..... 5,574,005
    e Remaining amount distributed out of corpus 1,837,475
    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 2,316,135
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		2,316,135
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008.... 404,728
    c Excess from 2009.... 73,932
    d Excess from 2010....  
    e Excess from 2011.... 1,837,475
    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).)
    JOSEPH WILF
    LEONARD WILF
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    YESHIVA UNIVERSITY
    YESHIVA UNIVERSITY
    500 WEST 185TH STREET
    NEW YORK,NY10033     		NONE PUBLIC UNRESTRICTED 1,012,500
    NY WEILL CORNELL MED CTR
    NEW YORK WEILL CORNELL MEDICAL CENTER
    525 EAST 68TH STREET
    NEW YORK,NY10065     		NONE PUBLIC UNRESTRICTED 936,000
    AM COMM FOR SHAARE ZEDEK
    AMERICAN COMMITTEE FOR SHAARE ZEDEK HOSPITAL
    49 WEST45TH STREET
    NEW YORK,NY10036     		NONE PUBLIC UNRESTRICTED 100,000
    AM SOCIETY FOR YAD VASHEM
    AMERICAN SOCIETY FOR YAD VASHEM
    500 FIFTH AVENUE
    NEW YORK,NY10110     		NONE PUBLIC UNRESTRICTED 325,180
    L A MUSEUM OF THE HOLOCAU
    LOS ANGELES MUSEUM OF THE HOLOCAUST
    100 THE GROVE DRIVE
    LOS ANGELES,CA90036     		NONE PUBLIC UNRESTRICTED 100,000
    JEWISH EDUCATIONAL CENTER
    JEWISH EDUCATIONAL CENTER
    330 ELMORA AVENUE
    ELIZABETH,NJ07208     		NONE PUBLIC UNRESTRICTED 72,300
    JEWISH AGENCY FOR ISRAEL
    JEWISH AGENCY FOR ISRAEL
    633 THIRD AVENUE NO
    NEW YORK,NY10017     		NONE PUBLIC UNRESTRICTED 25,000
    JEWISH COMMUNITY CENTER
    JEWISH COMMUNITY CENTER OF CENTRAL NEW JERSEY
    1391 MARTINE AVENUE
    SCOTCH PLAINS,NJ07076     		NONE PUBLIC UNRESTRICTED 65,000
    JEWISH FAMILY SERVICE
    JEWISH FAMILY SERVICE OF CENTRAL NEW JERSEY
    655 WESTFIELD AVENUE
    ELIZABETH,NJ07208     		NONE PUBLIC UNRESTRICTED 60,000
    RABBINICAL COLLEGE OF AME
    RABBINICAL COLLEGE OF AMERICA
    PO BOX 1996
    MORRISTOWN,NJ07962     		NONE PUBLIC UNRESTRICTED 50,000
    JEWISH MUSEUM
    JEWISH MUSEUM
    1109 FIFTH AVENUE
    NEW YORK,NY10128     		NONE PUBLIC UNRESTRICTED 64,000
    GOLDA OCH ACADEMY
    GOLDA OCH ACADEMY
    1418 PLEASANT VALLEY WAY
    WEST ORANGE,NJ07052     		NONE PUBLIC UNRESTRICTED 200,500
    RUTGERS HILLEL
    RUTGERS HILLEL
    93 COLLEGE AVENUE
    NEW BRUNSWICK,NJ08901     		NONE PUBLIC UNRESTRICTED 36,000
    HOLOCAUST RESOURCE FDN
    HOOCAUST RESOURCE FOUNDATION
    820 MORRIS TURNPIKE
    SHORT HILLS,NJ07078     		NONE PUBLIC UNRESTRICTED 12,000
    UNITED JEWISH APPEAL
    UNITED JEWISH APPEAL/JEWISH FEDERATION
    130 EAST 59TH STREET
    SUITE 874B
    NEW YORK,NY10022     		NONE PUBLIC UNRESTRICTED 261,000
    CENTER FOR JEWISH HISTORY
    CENTER FOR JEWISH HISTORY
    15 W 16TH STREET
    NEW YORK,NY10011     		NONE PUBLIC UNRESTRICTED 25,000
    AMERICAN JEWISH JOINT DIS
    AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE
    132 EAST 43RD STREET
    NEW YORK,NY10017     		NONE PUBLIC UNRESTRICTED 20,000
    MINNESOTA VIKINGS CHILDRE
    MINNESOTA VIKINGS CHILDREN'S FUND
    9520 VIKING DRIVE
    EDEN PRAIRIE,MN55344     		NONE PUBLIC UNRESTRICTED 20,000
    NY UNIVERSITY SCHOOL OF L
    NEW YORK UNIVERSITY SCHOOL OF LAW
    110 WEST THIRD STREET
    NEW YORK,NY10012     		NONE PUBLIC UNRESTRICTED 1,000
    AWARD OF COURAGE CORPORAT
    AWARD OF COURAGE CORPORATION
    9 WINCHESTER LANE
    HOLMDEL,NJ07733     		NONE PUBLIC UNRESTRICTED 10,000
    CARL SCHURZ PARK CONVERVA
    CARL SCHURZ PARK CONSERVANCY
    217 E 85TH STREET
    PMB116
    NEW YORK,NY10028     		NONE PUBLIC UNRESTRICTED 5,000
    CURE BREAST CANCER FOUNDA
    CURE BREAST CANCER FOUNDATION
    1122 CLIFTON AVENUE
    CLIFTON,NJ07013     		NONE PUBLIC UNRESTRICTED 10,000
    HILLEL
    HILLEL
    800 8TH STREET NW
    WASHINGTON,DC20001     		NONE PUBLIC UNRESTRICTED 5,000
    JEWISH NATIONAL FUND
    JEWISH NATIONAL FUND
    42 EAST 69TH STREET
    NEW YORK,NY10021     		NONE PUBLIC UNRESTRICTED 30,000
    AMERICAN CONFERENCE ON DI
    AMERICAN CONFERENCE ON DIVERSITY
    109 CHURCH STREET
    NEW BRUNSWICK,NJ08901     		NONE PUBLIC UNRESTRICTED 13,500
    METROPLOLITAN GOLF ASSOC
    METROPOLITANGOLF ASSOCIATION FOUNDATION
    49 KNOLLWOOD ROAD
    ELMSFORD,NY10523     		NONE PUBLIC UNRESTRICTED 4,000
    U S HOLOCAUST MEMORIAL
    US HOLOCAUST MEMORIAL & MUSEUM
    100 RAOUL WALLENBERG PLAC
    WASHINGTON,DC20024     		NONE PUBLIC UNRESTRICTED 51,000
    THE DOE FUND
    THE DOE FUND
    232 EAST 84TH STREET
    NEW YORK,NY10065     		NONE PUBLIC UNRESTRICTED 3,500
    PRINCETON UNIVERSITY
    PRINCETON UNIVERSITY
    330 ALEXANDER STREET
    PRINCETON,NJ08540     		NONE PUBLIC UNRESTRICTED 5,000
    DRUMTHWACKET FOUNDATION
    DRUMTHWACKET FOUNDATION
    354 STOCKTON STREET
    PRINCETON,NJ08540     		NONE PUBLIC UNRESTRICTED 5,000
    INTERFAITH HOSPITALITY NE
    INTERFAITH HOSPITALITY NETWORK
    46 PARK STREET
    MONCLAIR,NJ07042     		NONE PUBLIC UNRESTRICTED 6,000
    APPEAL OF CONSCIENCE FDN
    APPEAL OF CONSCIENCE FOUNDATION
    119 WEST 57TH STREET
    NEW YORK,NY10019     		NONE PUBLIC UNRESTRICTED 5,000
    BRIS AVROHOM
    BRIS AVROHOM
    910 SALEM AVENUE
    HILLSIDE,NJ07205     		NONE PUBLIC UNRESTRICTED 5,000
    CHABAD HOUSE AT HARVARD
    CHABAD HOUSE AT HARVARD
    38-40 BANKS STREET
    CAMBRIDGE,MA02138     		NONE PUBLIC UNRESTRICTED 5,000
    CHILDREN'S HEARING INSTIT
    CHILDREN'S HEARING INSTITUTE
    380 SECOND AVENUE
    9TH FLOOR
    NEW YORK,NY10010     		NONE PUBLIC UNRESTRICTED 5,000
    JEWISH THEOLOGICAL SEMINA
    JEWISH THEOLOGICAL SEMINARY
    3080 BROADWAY
    NEW YORK,NY10027     		NONE PUBLIC UNRESTRICTED 6,000
    METROPOLITAN MUSEUM OF AR
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVENUE
    NEW YORK,NY10028     		NONE PUBLIC UNRESTRICTED 27,500
    NYC POLICE MUSEUM
    NEW YORK CITY POLICE MUSEUM
    100 OLD SLIP
    NEW YORK,NY10005     		NONE PUBLIC UNRESTRICTED 10,000
    RANDALL'S ISLAND SPORTS F
    RANDALL'S ISLAND SPORTS FOUNDATION
    24 W 61ST STREET
    4TH FLOOR
    NEW YORK,NY10023     		NONE PUBLIC UNRESTRICTED 25,000
    CHABAD CENTER OF NW NJ
    CHABAD CENTER OF NORTHWEST NJ
    1 TORAH WAY
    ROCKAWAY,NJ07866     		NONE PUBLIC UNRESTRICTED 1,800
    BOYS TOWN OF JERUSALEM F
    BOYS TOWN OF JERUSALEM FOUNDATION
    12 WEST 31ST STREET
    SUITE 300
    NEW YORK,NY10001     		NONE PUBLIC UNRESTRICTED 3,000
    DAUGHTERS OF ISRAEL
    DAUGHTERS OF ISRAEL
    1155 PLEASANT VALLEY WAY
    WEST ORANGE,NJ07052     		NONE PUBLIC UNRESTRICTED 3,000
    LINCOLN CTR FOR THE PERFO
    LINCOLN CENTER FOR THE PERFORMING ARTS
    70 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		NONE PUBLIC UNRESTRICTED 35,000
    TRINITAS HEALTH FOUNDATIO
    TRINITAS HEALTH FOUNDATION
    225 WILLIAMSON ROAD
    ELIZABETH,NJ07202     		NONE PUBLIC UNRESTRICTED 2,500
    MINNEAPOLIS JEWISH FEDERA
    MINNEAPOLIS JEWISH FEDERATION
    13100 WAYZATA BLVD
    MINNETONKA,MN55305     		NONE PUBLIC UNRESTRICTED 13,000
    JUDAIC RESEARCH INSTITUTE
    JUDAIC RESEARCH INSTITUTE
    747 LIVINGSTON ROAD
    ELIZABETH,NJ07208     		NONE PUBLIC UNRESTRICTED 2,000
    NATIONAL MULTIPLE SCLEROS
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    733 THIRD AVENUE
    NEW YORK,NY10017     		NONE PUBLIC UNRESTRICTED 1,000
    TEMPLE BETH DAVID
    TEMPLE BETH DAVID
    4657 HOOD ROAD
    PALM BEACH GARDENS,FL33418     		NONE PUBLIC UNRESTRICTED 1,000
    AMERICAN CANCER SOCIETY
    AMERICAN CANCER SOCIETY
    507 WESTMINSTER AVENUE
    ELIZABETH,NJ07208     		NONE PUBLIC UNRESTRICTED 1,500
    CONGREGATION ADATH ISRAEL
    CONGREGATION ADATH ISRAEL
    1391 NORTH AVENUE
    ELIZABETH,NJ07208     		NONE PUBLIC UNRESTRICTED 1,000
    STARLIGHT STARBRIGHT CHIL
    STARLIGHT STARBRIGHT CHILDREN'S FOUNDATION
    1560 BROADWAY
    SUITE 600
    NEW YORK,NY10036     		NONE PUBLIC UNRESTRICTED 1,250
    ALZHEIMER'S ASSOCIATION
    ALZHEIMER'S ASSOCIATION
    400 MORRIS AVENUE
    SUITE 251
    DENVILLE,NJ07834     		NONE PUBLIC UNRESTRICTED 2,500
    AMERICAN JEWISH LEAGUE FO
    AMERICAN JEWISH LEAGUE FOR ISRAEL
    319 PUTNAM ROAD
    UNION,NJ07083     		NONE PUBLIC UNRESTRICTED 1,000
    CEREBRAL PALSY OF NORTH J
    CEREBRAL PALSY OF NORTH JERESY
    220 SOUTH ORANGE AVENUE
    SUITE 300
    LIVINGSTON,NJ07039     		NONE PUBLIC UNRESTRICTED 2,000
    FRIENDS OF HUDSON RIVER P
    FRIENDS OF HUDSON RIVER PARK
    311 WEST 43RD STREET
    NEW YORK,NY10036     		NONE PUBLIC UNRESTRICTED 1,000
    INSTITUTE FOR CHILDREN WI
    INSTITUTE FOR CHILDREN WITH CANCER & BLOOD DISORDE
    121 SOMERSET STREET
    NEW BRUNSWICK,NJ08903     		NONE PUBLIC UNRESTRICTED 1,000
    KEAN UNIVERSITY FOUNDATIO
    KEAN UNIVERSITY FOUNDATION
    1000 MORRIS AVENUE
    T-130
    UNION,NJ07083     		NONE PUBLIC UNRESTRICTED 1,000
    LEUKEMIA & LYMPHOMA SOCIE
    LEUKEMIA & LYMPHOMA SOCIETY
    1311 MAMARONECK AVENUE
    WHITE PLAINS,NY10605     		NONE PUBLIC UNRESTRICTED 500
    LIVINGSTON SYMPHONY ORCHE
    LIVINGSTON SYMPHONY ORCHESTRA
    P O BOX 253
    LIVINGSTON,NJ07039     		NONE PUBLIC UNRESTRICTED 1,000
    SUTTON PLACE SYNAGOGUE
    SUTTON PLACE SYNAGOGUE
    225 EAST 51ST STREET
    NEW YORK,NY10022     		NONE PUBLIC UNRESTRICTED 6,000
    URBAN ASSEMBLY INC
    URBAN ASSEMBLY INC
    90 BROAD STREET
    21ST FLOOR
    NEW YORK,NY10004     		NONE PUBLIC UNRESTRICTED 3,000
    180 TURNING LIVES AROUND
    180 TURNING LIVES AROUND
    1 BETHANY ROAD
    BUILDING 3 SUITE 42
    HAZLET,NJ07730     		NONE PUBLIC UNRESTRICTED 1,000
    FRIENDS OF TRANQUILITY CA
    FRIENDS OF TRANQUILITY CAMP
    P O BOX 378
    WOODMERE,NY11598     		NONE PUBLIC UNRESTRICTED 250
    TRI-COUNTY SCHOARSHIP FUN
    TRI-COUNTY SCHOLARSHIP FUND
    4 CENTURY DRIVE
    PARSIPPANY,NJ07054     		NONE PUBLIC UNRESTRICTED 500
    CONGREGATION RINAT ISRAEL
    CONGREGATION RINAT ISRAEL
    389 WEST ENGLEWOOD AVENUE
    TEANECK,NJ07666     		NONE PUBLIC UNRESTRICTED 400
    JEWISH FEDERATION OF GREA
    JEWISH FEDERATION OF GREATER MONMOUTH COUNTY
    100 GRANT AVENUE
    DEAL,NJ07723     		NONE PUBLIC UNRESTRICTED 5,000
    MARINE CORPS SCHOLARSHIP
    MARINE CORPS SCHOLARSHIP FOUNDATION
    P O BOX 245
    LITTLE SILVER,NJ07739     		NONE PUBLIC UNRESTRICTED 250
    NEW YORK UNIVERSITY
    NEW YORK UNIVERSITY
    25 WEST FOURTH STREET
    SUITE 201A
    NEW YORK,NY10012     		NONE PUBLIC UNRESTRICTED 2,000,000
    JEWISH FEDERATION OF CENTRAL NEW JE
    JEWISH FEDERATION OF CENTRAL NEW JERSEY
    1391 MARINE AVENUE
    SCOTCH PLAINS,NJ07076     		NONE PUBLIC UNRESTRICTED 851,250
    NEWARK ACADEMY
    NEWARK ACADEMY
    91 SOUTH ORANGE AVENUE
    LIVINGSTON,NJ07039     		NONE PUBLIC UNRESTRICTED 250,000
    TEACH FOR AMERICA
    TEACH FOR AMERICA
    315 WEST 36TH STREET
    NEW YORK,NY10018     		NONE PUBLIC UNRESTRICTED 100,000
    92ND STREET Y
    92ND STREET Y
    EAST 92ND STREET
    NEW YORK,NY10128     		NONE PUBLIC UNRESTRICTED 50,000
    FOREIGN POLICY ASSOCIATION
    FOREIGN POLICY ASSOCIATION
    470 PARK AVE S FRNT 2
    NEW YORK,NY10016     		NONE PUBLIC UNRESTRICTED 50,000
    JEWISH FEDERATION OF GREATER METRO
    JEWISH FEDERATION OF GREATER METRO WEST
    901 ROUTE 10
    WHIPPANY,NJ07981     		NONE PUBLIC UNRESTRICTED 50,000
    MACCABI SPORTS FOR ISRAEL
    MACCABI SPORTS FOR ISRAEL
    1926 ARCH STREET 4R
    PHILADELPHIA,PA19103     		NONE PUBLIC UNRESTRICTED 31,000
    BROOKDALE COMMUNITY COLLEGE FOUNDAT
    BROOKDALE COMMUNITY COLLEGE FOUNDATION
    765 NEWMAN SPRINGS ROAD
    LINCROFT,NJ07738     		NONE PUBLIC UNRESTRICTED 26,000
    YM-YWHA OF UNION COUNTY
    YM-YWHA OF UNION COUNTY
    501 GREEN LANE
    UNION,NJ07083     		NONE PUBLIC UNRESTRICTED 16,800
    ASPHALT GREEN
    ASPHALT GREEN
    555 EAST 90TH STREET
    NEW YORK,NY10128     		NONE PUBLIC UNRESTRICTED 15,000
    JEWISH FOUNDATION FOR THE RIGHTEOUS
    JEWISH FOUNDATION FOR THE RIGHTEOUS
    305 SEVENTH AVENUE
    19TH FLOOR
    NEW YORK,NY10001     		NONE PUBLIC UNRESTRICTED 15,000
    PRSIDENTS AND FELLOWS OF HARVARD CO
    PRESIDENTS AND FELLOWS OF HARVARD COLLEGE
    1033 MASSACHUSETTS AVENUE
    SUITE 3
    CAMBRIDGE,MA02138     		NONE PUBLIC UNRESTRICTED 14,000
    CONFERENCE OF PRESIDENTS
    CONFERENCE OF PRESIDENTS
    633 THIRD AVENUE
    21ST FLOOR
    NEW YORK,NY10017     		NONE PUBLIC UNRESTRICTED 10,000
    FRESH AIR FUND
    FRESH AIR FUND
    633 THIRD AVENUE
    NEW YORK,NY10017     		NONE PUBLIC UNRESTRICTED 10,000
    GRACIE MANSION CONSERRVANCY
    GRACIE MANSION CONSERVANCY
    88TH STREET AT EAST END
    NEW YORK,NY10128     		NONE PUBLIC UNRESTRICTED 10,000
    NATIONAL SEPTEMBER 11 MEMORIAL & MU
    NATIONAL SEPTEMBER 11 MEMORIAL & MUSEUM
    ONE LIBERTY PLAZA
    20TH FLOOR
    NEW YORK,NY10006     		NONE PUBLIC UNRESTRICTED 10,000
    UNITED JEWISH FUND AND COUNCIL
    UNITED JEWSIH FUND AND COUNCIL
    790 SOUTH CLEVELAND
    ST PAUL,MN55116     		NONE PUBLIC UNRESTRICTED 10,000
    THE HUN SCHOOL
    THE HUN SCHOOL
    176 EDGERSTOUNE ROAD
    PRINCETON,NJ08540     		NONE PUBLIC UNRESTRICTED 9,000
    CHABAD HOUSE SERVICING NYU
    CHABAD HOUSE SERVICING NYU
    27 WASHINGTON SQUARE
    NEW YORK,NY10011     		NONE PUBLIC UNRESTRICTED 5,000
    JEWISH ASSOCIATION FOR SERVICES FOR
    JEWSIH ASSOCIATION FOR SERVICES FOR THE AGED
    132 W 31ST STREET
    NEW YORK,NY10001     		NONE PUBLIC UNRESTRICTED 5,000
    NEW JERSEY CRIME VICTIMS LAW CENTER
    NEW JERSEY CRIME VICTIMS LAW CENTER
    760 ROUTE 10 WEST
    SUITE 204
    WHIPPANY,NJ07981     		NONE PUBLIC UNRESTRICTED 5,000
    NEW JERSEY CAMPS
    NEW JERESEY CAMPS
    21 PLYMOUTH STREET
    FAIRFEILD,NJ07004     		NONE PUBLIC UNRESTRICTED 5,000
    PHILANTHROPY ROUNDTABLE
    PHILANTHROPY ROUNDTABLE
    1150 17TH STREET NW
    SUITE 503
    WASHINGTON,DC20036     		NONE PUBLIC UNRESTRICTED 5,000
    FRIENDS OF THE ISRAEL DEFENSE FORCE
    FRIENDS OF THE ISRAEL DEFENSE FORCES
    350 FIFTH AVENUE
    SUITE 2011
    NEW YORK,NY10118     		NONE PUBLIC UNRESTRICTED 4,600
    BIRCH WATHEN LENOX SCHOOL
    BIRCH WATHEN LENOX SCHOOL
    210 EAST 77TH STREET
    NEW YORK,NY10021     		NONE PUBLIC UNRESTRICTED 3,750
    JOHN F KENNEDY CENTER FOR THE PERFO
    JOHN F KENNEDY CENTER FOR THE PERFORMING ARTS
    2700 F STREET NW
    WASHINGTON,DC20566     		NONE PUBLIC UNRESTRICTED 3,000
    ALLEN-STEVENSON SCHOOL
    ALLEN STEVENSON SCHOOL
    132 EAST 78TH STREET
    NEW YORK,NY10021     		NONE PUBLIC UNRESTRICTED 2,870
    FRISCH SCHOOL
    FRISCH SCHOOL
    110 W CENTURY ROAD
    PARAMUS,NJ07652     		NONE PUBLIC UNRESTRICTED 2,500
    THE ACTOR'S FUND
    THE ACTOR'S FUND
    729 SEVENTH AVENUE
    10TH FLOOR
    NEW YORK,NY10019     		NONE PUBLIC UNRESTRICTED 2,500
    INIVVERSITY OF MARYLAND ALUMNI ASSO
    UNIVERSITY OF MARYLAND ALUMNI ASSOCIATION
    SAMUEL RIGGS ALUMNI CENTE
    COLLEGE PARK,MD20742     		NONE PUBLIC UNRESTRICTED 2,500
    ACE
    ACE
    114 GREENE STREET
    NEW YORK,NY10012     		NONE PUBLIC UNRESTRICTED 2,000
    LINCOLN CENTER FOR THE PERFORMING A
    LINCOLN CENTER FOR THE PERFORMING ARTS
    70 LINCOLN CENTER PLAZA
    NEW YORK,NY10023     		NONE PUBLIC UNRESTRICTED 2,000
    NCSY
    NCSY
    1345 QUEEN ANNE ROAD
    TEANECK,NJ07666     		NONE PUBLIC UNRESTRICTED 1,800
    ALS ASSOCIATION OF GREATER NEW YORK
    ALS ASSOCIATION OF GREATER NEW YORK
    42 BROADWAY SUITE 1724
    NEW YORK,NY10004     		NONE PUBLIC UNRESTRICTED 1,000
    BROOKYN HOSPITAL CENTER
    BROOKLYN HOSPITAL CENTER
    121 DEKALB AVE
    BROOKLYN,NY11201     		NONE PUBLIC UNRESTRICTED 1,000
    CHABAD HOUSE
    CHABAD HOUSE
    170 COLLEGE AVENUE
    NEW BRUNSWICK,NJ08901     		NONE PUBLIC UNRESTRICTED 1,000
    CHILDREN'S AID SOCIETY
    CHILDREN'S AID SOCIETY
    105 EAST 22ND STREET
    NEW YORK,NY10010     		NONE PUBLIC UNRESTRICTED 1,000
    HADASSAH
    HADASSAH
    50 WEST 58TH STREET
    NEW YORK,NY10019     		NONE PUBLIC UNRESTRICTED 1,000
    JEWISH TELEGRAPHIC AGENCY
    JEWISH TELEGRAPHIC AGENCY
    330 SEVENTH AVENUE
    NEW YORK,NY10001     		NONE PUBLIC UNRESTRICTED 1,000
    LEGAL AID SOCIETY
    LEGAL AID SOCIETY
    199 WATER STREET
    NEW YORK,NY10038     		NONE PUBLIC UNRESTRICTED 1,000
    ST BARNABAS MEDICAL CENTER FOUNDATI
    ST BARNABAS MEDICAL CENTER FOUNDATION
    95 OLD SHORT HILLS ROAD
    LIVINGSTON,NJ07039     		NONE PUBLIC UNRESTRICTED 1,000
    TEMPLE ISRAEL
    TEMPLE ISRAEL
    2324 EMERSON AVENUE SOUTH
    MINNEAPOLIS,MN55405     		NONE PUBLIC UNRESTRICTED 1,000
    RONALD MCDONALD HOUSE OF NEW YORK
    RONALD MCDONALD HOUSE OF NEW YORK
    405 E 75RD STREET
    NEW YORK,NY10021     		NONE PUBLIC UNRESTRICTED 1,000
    SUSAN G KOMEN BREAST CANCER RESEARC
    SUSAN G KOMEN BREAST CANCER RESEARCH FOUNDATION
    785 SPRINGFIELD AVENUE
    SUMMIT,NJ07901     		NONE PUBLIC UNRESTRICTED 1,000
    BREAST CANCER RESEARCH FOUNDATION
    BREAST CANCER RESEARCH FOUNDATION
    60 EAST 56TH STREET
    NEW YORK,NY10022     		NONE PUBLIC UNRESTRICTED 550
    CITY OF HOPE MEDICAL CENTER
    CITY OF HOPE MEDICAL CENTER
    1500 EAST DUARTE ROAD
    DUARTE,CA91010     		NONE PUBLIC UNRESTRICTED 500
    CONGREGATION BETH ABRAHAM OF BERGEN
    CONGREGATION BETH ABRAHAM OF BERGENFIELD
    396 NEW BRIDGE ROAD
    BERGENFIELD,NJ07621     		NONE PUBLIC UNRESTRICTED 500
    CHABAD LUBAVITCH OF WESTCHESTER COU
    CHABAD LUBAVITCH OF WESTCHESTER COUNTY
    1 CHASE ROAD
    SCARSDALE,NY10583     		NONE PUBLIC UNRESTRICTED 500
    NEW YORK BOTANICAL GARDEN
    NEW YORK BOTANICAL GARDEN
    200TH STREET KAZMIROFF BL
    BRONX,NY10458     		NONE PUBLIC UNRESTRICTED 500
    NEW YORKERS FOR CHILDREN
    NEW YORKERS FOR CHILDREN
    200 PARK AVENUE
    NEW YORK,NY10166     		NONE PUBLIC UNRESTRICTED 500
    RUMSON COMMUNITY APPEAL
    RUMSON COMMUNITY APPEAL
    PO BOX 11
    RUMSON,NJ07760     		NONE PUBLIC UNRESTRICTED 500
    SCHECHTER MANHATTAN
    SCHECHTER MANHATTAN
    805 COLOMBUS AVENUE
    NEW YORK,NY10025     		NONE PUBLIC UNRESTRICTED 500
    SEEDS OF PEACE
    SEEDS OF PEACE
    370 LEXINGTON AVENUE
    SUITE 401
    NEW YORK,NY10017     		NONE PUBLIC UNRESTRICTED 400
    HOLY REDEEMER MANAGED CARE
    HOLY REDEMMER MANAGED CARE
    6667 WELSH ROAD
    HUNTINGTON VALLEY,PA19006     		NONE PUBLIC UNRESTRICTED 250
    UNIVERSITY OF PENNSYLVANIA
    UNIVERSITY OF PENNSYLVANIA
    3451 WALNUT STREET
    PHILADELPHIA,PA19104     		NONE PUBLIC UNRESTRICTED 250
    ANTI DEFAMATION LEAGUE
    ANTI DEFAMATION LEAGUE
    605 THIRD AVENUE
    9TH FLOOR
    NEW YORK,NY10158     		NONE PUBLIC UNRESTRICTED 200
    EASTER SEAL-NEW JERSEY
    EASTER SEAL-NEW JERSY
    25 KENNEDY BLVD SUITE 600
    EAST BRUNSWICK,NJ08816     		NIONE PUBLIC UNRESTRICTED 180
    HENRY STREET SETTLEMENT
    HENRY STREET SETTLEMENT
    265 HENRY STREET
    NEW YORK,NY10002     		NONE PUBLIC UNRESTRICTED 150
    Total .................................bullet 3a 7,311,480
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 4,537,190  
    4 Dividends and interest from securities....          
    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 84,703  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   4,621,893  
    13Total. Add line 12, columns (b), (d), and (e)..................
    134,621,893
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2011)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AccountingFeesSchedule
    Name:
    WILF FAMILY FOUNDATION
    EIN: 22-6075840
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 12,000 12,000    

    TY 2011 CompensationExplanation
    Name:
    WILF FAMILY FOUNDATION
    EIN: 22-6075840
    Person Name Explanation
    JOSEPH WILF  
    ELIZABETH WILF  
    LEONARD WILF  
    ZYGMUNT WILF  
    MARK WILF  
    ORIN WILF  
    JASON WILF  
    JEFFREY WILF  
    JONATHAN WILF  

    TY 2011 ContractorCompensationExpln
    Name:
    WILF FAMILY FOUNDATION
    EIN: 22-6075840
    Contractor Explanation
    BELIN CONSULTING CONSULTING

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

    TY 2011 DepreciationSchedule
    Name:
    WILF FAMILY FOUNDATION
    EIN: 22-6075840
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    OFFICE EQUIP 2008-01-01 30,708 25,402 MACRS 5.0000 3,538 3,538    

    TY 2011 EmployeeCompensationExpln
    Name:
    WILF FAMILY FOUNDATION
    EIN: 22-6075840
    Employee Explanation
    MARY ELLEN LAWRENCE  

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    WILF FAMILY FOUNDATION
    EIN: 22-6075840
    Name of Bond End of Year Book Value End of Year Fair Market Value
    200000 HOUSEHOLD FINANCE 7.1 11    
    200000 DELPHI CORP 6 1/2 13 207,113  
    200000 GMAC 5.9 19 200,000 197,532
    200000 BANK OF AMERICA 6.15 29    
    10000 AMER FINANCIAL GROUP 7 1/8 34    
    200000 TIME WARNER 6.95 28 198,891 267,268
    200000 ALLY FINANCIAL 6 3/4 14 206,005 215,034
    300000 VORNADO REALTY CORP 3.875 25    
    250000 ANADARKO PETROLEUM 5.95 16 271,660 290,403
    250000 SUNOCO 5.75 17 268,156 278,125
    250000 ALCOA 5.55 17 263,275 277,130
    250000 PITNEY BOWES 4.75 18 263,188 258,900
    250000 VIACOM 4.625 18 263,525 282,850
    250000 POTASH CORP-SASKATCHEWAN 4.87 266,218 291,990
    250000 ERP OPERATING 4.75 20 267,365 288,090
    250000 L-3 COMMUNICATION 4.75 20 268,460 278,287
    250000 JP MORGAN CHASE 4.4 20 261,168 277,825
    250000 CREDIT SUISSE NEW YORK 4.375 261,128 283,660
    250000 NEWELL RUBBERMAID 4.7 20 266,575 278,615
    250000 ENTERGY 5.125 20 254,012 277,953
    250000 CLIFFS NATURAL RESOURCES 4.8 259,505 246,980
    250000 MATTEL 4.35 20 261,065 268,207
    250000 CORN PRODUCTS INTERNATIONAL 4 262,505 278,930
    250000 CANADIAN PACIFIC 4.45 23 260,823 277,692
    250000 FORD MOTOR CREDIT FLOATING 12    
    250000 BRANDYWINE OPERATING PARTNERS    
    500000 STEEL DYNAMICS 7.375 12    
    250000 REGIONS FINANCIAL 4.875 13 251,875 254,587
    250000 TEXTRON FINANCIAL 5.4 13 264,063 254,948
    250000 DUKE REALTY 6.25 13 266,310 257,222
    250000 FRONTIER COMMUNICATIONS 6.625 265,625 270,695
    250000 JP MORGAN CHASE CAP XXVIII 7    
    250000 UNION PACIFIC 4 21 269,900 283,410
    250000 METLIFE 4.75 21 270,612 289,987
    250000 CVS COREMARK 4.125 21 263,875 287,525
    250000 AETNA 4.125 21 268,428 277,377
    250000 SCWAB CAPITAL TRUST 7.5 37    
    250000 VORNADO REALTY TRUST 4.25 15 257,188 264,450
    250000 ROYAL BANK OF SCOTLAND 5 13 249,688 253,668
    250000 NRG ENERGY 7.375 17    
    250000 RITE AID 9.75 16 282,500 271,875
    250000 HUTCH WHAMPOA 6 49 260,375 261,972
    500000 GE CAPITAL 6.375 67 520,000 548,320
    250000 PNC FINANCIAL 6.75 49    
    250000 AMERICAN AXLE & MFG 5.25 14    
    250000 WINDSTREAM 8.125 13 266,875 261,750
    250000 SPRINT CAPITAL 8.375 12    
    250000 GOLDMAN SACHS GROUP 5.95 18 265,290 291,092
    250000 AMGEN 4.1 21 270,400 280,070
    250000 DOW CHEMICAL 4.125 21 268,000 273,265
    250000 UNITED HEALTH GROUP 2.875 22 257,053 257,063
    250000 MORGAN STANLEY 5.25 12 251,500 250,065
    250000 CITI GROUP 5.5 13 257,500 255,383
    99800 JP MORGAN TRUST I FLOATING RAT 1,000,000 995,010
    250000 MORGAN STANLEY FLOAT RATE 14 242,813 251,362
    250000 ICHAN ENTERPRISES 7.75 16 264,375 262,238
    250000 ARCELOMITTAL 3.75 16 237,500 248,525
    250000 GOLDMAN SACHS CAPITAL II 5.79 173,750 196,030
    250000 EMBRAER OVERSEAS 6.375 17 274,375 281,810

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    WILF FAMILY FOUNDATION
    EIN: 22-6075840
    Name of Stock End of Year Book Value End of Year Fair Market Value
    13373 AT&T 67,294 462,572
    7072 VERIZON COOMUNICATIONS 62,386 315,694
    591 CENTURY LINK 19,805 22,683
    523856 VORNADO REALTY TRUST 9,206,506 41,893,490
    10000 PUTNAM PREMIER INCOME TRUST 100,002 55,800
    4375 VODAPHONE 12,286 119,118
    22230 PNC FINANCIAL SERVICES 837,605 1,293,786
    3000 PUBLIC SERVICE ENTERPRISE GROUP 39,064 96,120
    521 WELLS FARGO 99,157 17,552
    8000 MERRILL LYNCH CAP TR IV 7.12 PF 200,000 201,440
    10983 BLACKROCK CORPORATE HIGH YIELD 154,272 86,326
    34458 IBM 3,618,736 6,703,115
    1496 BANK ONE CAPITAL TRUST 7.2 PFD 37,400 38,522
    5192 FRONTIER COMMUNICATIONS 54,118 24,558
    10000 GENERAL MOTORS 7 1/4 PFD 126,496  
    7000 BAC CAPITAL TRUST III 7 PFD 175,000 177,590
    10000 STERLING BANCORP TR I 8 3/8 PF 100,000 104,900
    2243 VNB CAP TRUST I 7 3/4 PFD 56,075 58,143
    5000 BAC CAPITAL TRUST II 7 PFD 125,000 125,050
    5000 GMAC 7.35 PFD 125,000 123,100
    5000 GENERAL MOTORS 7 1/4 PFD 63,068  
    5000 JP MORGAN CHASE CAPITAL X 7 PFD 125,000 130,050
    8000 FIRST NIAGRA FINANCIAL GROUP 80,000 66,400
    5000 M S CAP TRUST III 6 1/4 PFD 125,000 124,800
    5000 JP MORGAN CHASE CAP XI 5 7/8 PF 125,000 127,000
    4507 COMCAST 34,252 169,125
    3755 AIMCO 8 PFD    
    5000 JP MORGAN CHASE CAP XIV 6.2 PF 125,000 127,200
    10000 VORNADO REALTY TR SER E 7 PFD    
    2000 TAUBMAN CENTER 8 PFD    
    5000 GMAC 7 3/8 PFD 125,000 124,300
    5000 VORNADO REALTY TR SER G 6 5/8 P 125,000 126,650
    1000 LAZARD LTD 25,000 29,460
    161 PORTLAND GENERAL ELECTRIC   4,411
    1264 ALCATEL LUCENT 21,328 1,315
    48880 NEW YORK COMMUNITY BANCORP 529,500 677,477
    95550 PEOPLES UNITED FINANCIAL    
    2200 VANGUARD NATURAL RESOURCES 55,300 65,384
    2000 ENCORE ENERGY PARTNERS    
    6000 AMR CORP 7 7/8 PFD 150,000 88,686
    10000 GENERAL MOTORS 7 3/8 PFD 126,496  
    38000 GENERAL MOTORS 7 3/8 PFD 480,687  
    10000 G E CAPITAL CORP 6.1 PFD 250,000 260,500
    20000 GENERAL MOTORS 7 1/2 PFD 252,993  
    290 DELTEK    
    400 LUMBER LIQUIDATORS 4,400 22,368
    594 BOEING 50,000 41,841
    7307 CITIGROUP 250,000 273,208
    97418 JP MORGAN STRATEGIC INCOME OPP 1,120,544 1,146,615
    97049 JP MORGAN SHORT DURATION BOND 1,055,416 1,068,511
    12000 CORTS TRUST WEYERHAEUSER 6 PFD    
    10000 VORNADO REALTY TRUST SERIES J 250,000 275,400
    1000 AVALON BAY COMMUNITIIES 110,065 135,560
    5000 GENERAL MOTORS CONV PFD B 236,502 203,100
    250000 JP MORGAN CHASE 7.9 PFD 248,125 289,372
    7558 GENERAL MOTORS WARRANTS-CL A 303,725 124,329
    7558 GENERAL MOTORS WARRANTS-CL B 234,346 77,469
    8318 GENERAL MOTORS 461,929 212,109
    20000 FIRST REPUBLIC BANK 6.7 PFD 500,000 543,800
    10000 FIRST REPUBLIC BANK 6.2 PFD 250,000 259,100
    20000 GOLDMAN SACHS GROUP 5.95 PFD 500,000 501,000
    2090 MOTORS LIQUIDATION TRUST 25,260 41,696
    4000 ANNALY CAPITAL MANAGEMENT 7.625 100,000 102,320
    10000 CAPITAL ONE FINANCIAL 6 PFD 249,500 251,100
    9000 DDR CORP 6.5 PFD 225,000 225,180
    6000 FIRST REPUBLIC BANK 6.2 PFD 150,000 155,460
    750 WELLS FARGO 5.2 PFD 18,750 19,193
    250000 WELLS FARGO 7.98 PFD 271,562 297,478

    TY 2011 InvestmentsOtherSchedule2
    Name:
    WILF FAMILY FOUNDATION
    EIN: 22-6075840
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISRAEL BONDS AT COST 2,779,770 2,929,000

    TY 2011 LandEtcSchedule2
    Name:
    WILF FAMILY FOUNDATION
    EIN: 22-6075840
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE EQUIPMENT 30,708 28,940 1,768 1,768


    TY 2011 OtherAssetsSchedule
    Name:
    WILF FAMILY FOUNDATION
    EIN: 22-6075840
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    LOAN TO J.E.C. AT 0% INTEREST 100,000 100,000 100,000
    LOAN TO ZSM WILF FOUNDATION   500,000 500,000


    TY 2011 OtherExpensesSchedule
    Name:
    WILF FAMILY FOUNDATION
    EIN: 22-6075840
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OFFICE 7,966 7,966    
    INSURANCE 7,783 7,783    
    DUES AND SUBSCRIPTIONS 875 875    


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    WILF FAMILY FOUNDATION
    EIN: 22-6075840
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 135,000 135,000    


    TY 2011 TaxesSchedule
    Name:
    WILF FAMILY FOUNDATION
    EIN: 22-6075840
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 44,000