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
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
THE COMMON SENSE FUND INC
C/O ERIC SCHWARTZ
% ERIC SCHWARTZ
Number and street (or P.O. box number if mail is not delivered to street address)10 GLENVILLE STREET 1ST FLOORSuiteRoom/suite
City or town, state, and ZIP code
GREENWICH, CT06831
A Employer identification number

13-3157570
B Telephone number (see instructions)

(203) 531-7480
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$4,565,640J 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 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) 2,944,022
2 Check bullet
3 Interest on savings and temporary cash investments 2,534 2,534  
4 Dividends and interest from securities...... 4,654 4,654  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 45,709
b Gross sales price for all assets on line 6a 805,966
7 Capital gain net income (from Part IV, line 2)... 45,709
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........ 2,996,919 52,897  
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 3,875 0 0 3,875
c Other professional fees (attach schedule).... Click to see attachment 43,632     43,632
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 1,842 1,842    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 7,971     7,971
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 30,577 21,812   8,765
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 87,897 23,654 0 64,243
25 Contributions, gifts, grants paid........ 813,000 813,000
26 Total expenses and disbursements. Add lines 24 and 25 900,897 23,654 0 877,243
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,096,022
b Net investment income (if negative, enter -0-) 29,243
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
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............... 56,871 293,326 293,326
2 Savings and temporary cash investments.......... 6,705 1,231,320 1,231,320
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 708,473 Click to see attachment1,112,703 1,112,703
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 0 Click to see attachment230,722 230,722
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,760,958 Click to see attachment1,760,958 Click to see attachment1,697,569
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,533,007 4,629,029 4,565,640
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 2,533,007 4,629,029
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,533,007 4,629,029
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,533,007 4,629,029
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 2,533,007
2 Enter amount from Part I, line 27a..................... 2 2,096,022
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 4,629,029
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 4,629,029
Form 990-PF (2012)
Form 990-PF (2012)
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 25.614 ALLIANZ NFJ SMALL CAP VALUE FUND P 2012-01-01 2012-01-01
b .599 AMANA GROWTH FUND P 2012-01-01 2012-01-01
c 35.679 ARBITRAGE FUND CALSS I P 2012-01-01 2012-01-01
d 1.668 ARTISAN INTL VALUE FUND P 2012-01-01 2012-01-01
e 262.029 ARTISAN MIDCAP VALUE FD P 2012-01-01 2012-01-01
60.15 ARTISAN SMALL CAP VALUE FUND   2012-01-01 2012-01-01
2,516.179 BLACKROCK EQUITY DIVIDEND P 2012-01-01 2012-01-01
32.135 FMI COMMON STOCK FUND P 2012-01-01 2012-01-01
1,414.92 FMI LARGE CAP FUND P 2012-01-01 2012-01-01
97.272 FPA NEW INCOME CL A P 2012-01-01 2012-01-01
354.476 HOTCHKIS & WILEY HIGH YIELD FD P 2012-01-01 2012-01-01
48.105 HUSSMAN STRATEGIC TOTAL RETURN FUND P 2012-01-01 2012-01-01
119.771 MANNING & NAPIER WORLD OPPTY P 2012-01-01 2012-01-01
60.253 MATTHEWS ASIA DIVIDEND FUND P 2012-01-01 2012-01-01
73.948 MFS EMERGING MKTS DEBT P 2012-01-01 2012-01-01
40.63 NEUBERGER BERMAN REAL ESTATE FD TRUST   2012-01-01 2012-01-01
18.287 OPPENHEIMER DEVELOPING MKTS P 2012-01-01 2012-01-01
5,882.374 PIMCO ALL ASSET ALL AUTHORITY P 2012-01-01 2012-01-01
139.048 PIMCO TOTAL RETURN FUND P 2012-01-01 2012-01-01
698.878 T ROWE PRICE NEW AMERICA GROWTH FUND P 2012-01-01 2012-01-01
245.235 TEMPLETON GLOBAL BOND FUND P 2012-01-01 2012-01-01
115.965 VANGUARD GNMA FUND INVESTORS SHARE P 2012-01-01 2012-01-01
10.718 VANGUARD HEALTH CARE FUND   2012-01-01 2012-01-01
118.767 VANGUARD INTER TERM TAX EXEMPT FD P 2012-01-01 2012-01-01
64.875 VANGUARD S/T INVESTMENT GRADE FUND P 2012-01-01 2012-01-01
44.119 VANGUARD SHORT TERM TAX EXEMPT P 2012-01-01 2012-01-01
517.944 ALLIANZ NFJ SMALL CAP VALUE FUND P 2000-01-01 2012-01-01
752.382 AMANA GROWTH FUND P 2000-01-01 2012-01-01
1,576.928 ARBITRAGE FUND CALSS I P 2000-01-01 2012-01-01
489.52 ARTISAN INTL VALUE FUND P 2000-01-01 2012-01-01
3,091.098 ARTISAN MIDCAP VALUE FD P 2000-01-01 2012-01-01
642.98 ARTISAN SMALL CAP VALUE FUND P 2000-01-01 2012-01-01
360.709 FMI COMMON STOCK FUND P 2000-01-01 2012-01-01
2,341.603 FPA NEW INCOME CL A P 2000-01-01 2012-01-01
3,544.215 HOTCHKIS & WILEY HIGH YIELD FD P 2000-01-01 2012-01-01
1,829.29 HUSSMAN STRATEGIC TOTAL RETURN FUND P 2000-01-01 2012-01-01
1,345.842 MANNING & NAPIER WORLD OPPTY P 2000-01-01 2012-01-01
1,929.352 MATTHEWS ASIA DIVIDEND FUND P 2000-01-01 2012-01-01
1,296.219 MFS EMERGING MKTS DEBT P 2000-01-01 2012-01-01
2,059.898 NEUBERGER BERMAN REAL ESTATE FD TRUST   2000-01-01 2012-01-01
800.816 OPPENHEIMER DEVELOPING MKTS P 2000-01-01 2012-01-01
2,980.47 PIMCO ALL ASSET ALL AUTHORITY P 2000-01-01 2012-01-01
2,427.61 PIMCO TOTAL RETURN FUND P 2000-01-01 2012-01-01
3,479.393 TEMPLETON GLOBAL BOND FUND P 2000-01-01 2012-01-01
2,492.31 VANGUARD GNMA FUND INVESTORS SHARE P 2000-01-01 2012-01-01
202.337 VANGUARD HEALTH CARE FUND P 2000-01-01 2012-01-01
2,544.193 VANGUARD INTER TERM TAX EXEMPT FD   2000-01-01 2012-01-01
924.239 VANGUARD S/T INVESTMENT GRADE FUND P 2000-01-01 2012-01-01
3,883.349 VANGUARD SHORT TERM TAX EXEMPT P 2000-01-01 2012-01-01
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 773   737 36
b 16   13 3
c 466   460 6
d 44   40 4
e 5,387   4,989 398
941   905 36
48,461   42,126 6,335
821   757 64
23,240   22,950 290
1,034   1,075 -41
4,391   4,296 95
590   595 -5
854   779 75
818   863 -45
1,124   1,090 34
549   474 75
582   541 41
62,328   64,811 -2,483
1,562   1,525 37
23,733   24,336 -603
3,158   3,156 2
1,279   1,261 18
1,458   1,341 117
1,695   1,605 90
695   696 -1
703   702 1
15,879   10,658 5,221
19,562   16,156 3,406
20,611   20,338 273
13,124   11,275 1,849
64,300   42,631 21,669
10,063   9,676 387
9,213   7,703 1,510
24,959   25,870 -911
43,834   46,152 -2,318
22,455   22,649 -194
9,771   10,941 -1,170
26,213   27,641 -1,428
19,697   18,927 770
27,111   23,362 3,749
25,682   20,879 4,803
31,621   33,159 -1,538
27,270   25,073 2,197
45,035   46,693 -1,658
27,499   27,092 407
27,519   25,235 2,284
36,095   34,374 1,721
9,898   9,820 78
61,823   61,830 -7
      30
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       36
b       3
c       6
d       4
e       398
      36
      6,335
      64
      290
      -41
      95
      -5
      75
      -45
      34
      75
      41
      -2,483
      37
      -603
      2
      18
      117
      90
      -1
      1
      5,221
      3,406
      273
      1,849
      21,669
      387
      1,510
      -911
      -2,318
      -194
      -1,170
      -1,428
      770
      3,749
      4,803
      -1,538
      2,197
      -1,658
      407
      2,284
      1,721
      78
      -7
       
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 45,709
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 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))
2011 562,255 2,687,686 0.209197
2010 522,752 973,226 0.537133
2009 273,662 860,687 0.317958
2008 370,615 1,301,218 0.284822
2007 261,125 1,599,729 0.163231
2 Total of line 1, column (d) ...................... 2 1.512341
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 0.302468
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 2,572,763
5 Multiply line 4 by line 3....................... 5 778,178
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 292
7 Add lines 5 and 6......................... 7 778,470
8 Enter qualifying distributions from Part XII, line 4.............. 8 877,243
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.
Form 990-PF (2012)
Form 990-PF (2012)
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 1 292
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............................ 3 292
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- ..... 5 292
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 1,800
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 1,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,800
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 2,508
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet2,508 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 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 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    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 instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.commonsensefund.org
    14
    The books are in care ofbulletERIC SCHWARTZ Telephone no.bullet (203) 531-7480
    Located atbullet10 GLENVILLE STREET 1ST FLOORGREENWICHCT ZIP+4bullet06831
    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 2012, 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 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 (2012)
    Form 990-PF (2012)
    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 2012?.............
    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 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    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 instructions.) ..............
    2b
     
    No
    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 2012 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 2012.)....................
    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 2012?
    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 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 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 (2012)
    Form 990-PF (2012)
    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 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
    TED LOEWENTHAL SECRETARY
    1.0     		0    
    10 GLENVILLE STREET 1ST FLOOR
    GREENWICH,CT06831
    ADLYN S LOEWENTHAL PRESIDENT
    1.0     		0    
    10 GLENVILLE STREET 1ST FLOOR
    GREENWICH,CT06831
    ERIC SCHWARTZ VP/TREASURER
    1.0     		0    
    10 GLENVILLE STREET 1ST FLOOR
    GREENWICH,CT06831
    DAVID SCHWARTZ TRUSTEE
    1.0     		0    
    10 GLENVILLE STREET 1ST FLOOR
    GREENWICH,CT06831
    CAROLYN SCHWARTZ TRUSTEE
    1.0     		0    
    10 GLENVILLE STREET 1ST FLOOR
    GREENWICH,CT06831
    DEBRA FRAM TRUSTEE
    1.0     		0    
    10 GLENVILLE STREET 1ST FLOOR
    GREENWICH,CT06831
    2 Compensation of five highest-paid employees (other than those included on line 1—see 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 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
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see 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 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
    326,670
    b
    Average of monthly cash balances.......................
    1b
    356,981
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,928,291
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,611,942
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,611,942
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    39,179
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,572,763
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    128,638
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    128,638
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    292
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    292
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    128,346
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    128,346
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    128,346
    Part XII
    Qualifying Distributions (see 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
    877,243
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    877,243
    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 instructions).................
    5
    292
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    876,951
    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 (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 128,346
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 0
    b Total for prior years:2010, 2009, 2008 0
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 184,467
    b From 2008....... 305,554
    c From 2009....... 230,628
    d From 2010....... 474,785
    e From 2011....... 429,596
    fTotal of lines 3a through e......... 1,625,030
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 877,243
    a Applied to 2011, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 128,346
    e Remaining amount distributed out of corpus 748,897
    5 Excess distributions carryover applied to 2012.    
    (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 2,373,927
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		184,467
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		2,189,460
    10 Analysis of line 9:
    a Excess from 2008.... 305,554
    b Excess from 2009.... 230,628
    c Excess from 2010.... 474,785
    d Excess from 2011.... 429,596
    e Excess from 2012.... 748,897
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see 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 2012, 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) 2012 (b) 2011 (c) 2010 (d) 2009
             
    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 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:
    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 (2012)
    Form 990-PF (2012)
    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
    Holocaust Genocide and Interfaith Education Cente
    4513 Manhattan College Parkway
    Riverdale,NY10471     		NONE PUBLIC CHARITY The Center's focus remains the lessons of the Holocaust, which are essential to educating future generations in order to combat prejudice, genocidal ideologies, apathy and Holocaust denial. To this end, the Center is committed to educating people about the Holocaust and genocide while emphasizing the contemporary significance of these events. 30,000
    Clean Energy Finance and Investment Authority
    865 Brook Street
    Rocky Hill,CT06067     		NONE PUBLIC CHARITY Clean Energy 60,000
    SCHWAB CHARITABLE FUND
    211 Main Street
    San Francisco,CA94105     		NONE PUBLIC CHARITY various charitable uses 150,000
    UNION OF CONCERNED SCIENTISTS
    2 BRATTLE SQUARE
    CAMBRIDGE,MA02138     		NONE PUBLIC CHARITY The Union of Concerned Scientists puts rigorous, independent science to work to solve our planet's most pressing problems. Joining with citizens across the country, we combine technical analysis and effective advocacy to create innovative, practical solutions for a healthy, safe, and sustainable future. 40,000
    SOLAR RICHMOND
    360 SOUTH 27TH STREET
    RICHMOND,CA94804     		NONE PUBILC CHARITY TO SUPPORT THE ORGANIZATION'S EFFORTS TO PROMOTE AND INSPIRE THE USE OF SOLAR POWER AND ENERGY EFFICIENCY IN ORDER TO BRING THE ECONOMIC BENEFITS OF GREEN ECONOMY TO RICHMOND. 40,000
    SUSTAINABLE SOUTH BRONX
    1231 LADAYETTE AVENUE
    4TH FLOOR
    THE BRONX,NY10474     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EFFORTS TO ADVANCE THE ENVIRONMENTAL AND ECONOMIC REBIRTH OF THE SOUTH BRONX. 40,000
    CAMBODIAN LIVING ARTS
    202 Spring Street
    Marion,MA02738     		NONE PUBLIC CHARITY The mission of Cambodian Living Arts is to facilitate the transformation of Cambodia through the arts. We work in collaboration with others to create an environment where Cambodian arts empower and transform individuals and communities. We do this by encouraging the growth of artists and the arts community, by promoting awareness of the arts, and by advocating for the arts with cultural policymakers and major institutions. In doing so, we aim to create value and understanding of what it means to be Cambodian and to create a sense of unity and shared culture. We believe that through creativity we can each expand our potential as human beings. 40,000
    CLAY ART CENTER
    40 BEECH STREET
    PORT CHESTER,NY10573     		NONE PUBLIC CHARITY aimed at advancing the mission by growing the education, exhibitions, Artist Residency and outreach programs, which are all focused "to kindle a passion for the ceramic arts and to provide a sharing community for that passion to flourish." 30,000
    Ohel Rachel Ve Leah Foundation Inc
    28 W 36TH ST
    NEW YORK,NY10018     		NONE PUBLIC CHARITY VARIOUS CHATIABLE USES 40,000
    American Friends Of The Heschel Center
    2419 Jf Kennedy Blvd
    jersey city,NJ07304     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EFFORTS TOWARDS building a sustainable future for Israeli society - environmentally, socially and economically - through education and reflective activism. 40,000
    AMERICAN FRIENDS OF THE RON-SHULAMIT CONSERVATORY
    PO BOX 43179
    JERUSALEM,ISRAEL91431
    IS     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EFFORTS TO PROMOTE MUSIC EDUCATION AS AN IMPORTANT ELEMENT IN EDUCATION. 40,000
    THE 52ND STREET PROJECT
    789 10TH AVENUE
    NEW YORK,NY10019     		NONE PUBLIC CHARITY The 52nd Street Project (The Project) is dedicated to the creation and production of new plays for, and often by, kids between the ages of nine and eighteen that reside in the Hells Kitchen neighborhood in New York City. The Project does this through a series of unique mentoring programs that match kids with professional theater artists. 30,000
    GOODWIN COLLEGE
    ONE RIVERSIDE DRIVE
    EAST HARTFORD,CT06118     		NONE PUBLIC CHARITY TO SUPPORT THE COLLEGE'S EFFORTS to promote workforce development, community education and renewal, and environmental stewardship. 40,000
    KNOW PARKS FOUNDATION
    75 LAUREL STREET
    HARTFORD,CT06106     		NONE PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S EFFORTS OF USING HORTICULTURAL TO BUILD STRONGER, GREENER AND MORE BEAUTIFUL COMMUNITIES IN GREATER HARTFORD, CT IN PARTNERSHIP WITH RESIDENTS, BUSINESSES AND GOVERNMENT. 36,000
    SHALOM YISRAEL
    17 W NATIONAL ROAD
    ENGLEWOOD,OH45322     		NONE PUBLIC CHARITY TO SUPPORT THE CONGREGATION 7,000
    CHARTER OAK CULTURE CENTER
    21 CHARTER OAK AVENUE
    HARTFORD,CT06106     		  PUBLIC CHARITY TO SUPPORT Charter Oak Cultural Center IN ITS MISSION TO harnesses the power of the arts to create positive social change. They host cutting-edge, thought-provoking visual and performing arts, including dance, theater, film, concerts, readings, gallery exhibits and much more. Their overall goal is to give access to the arts to all who hunger for them 40,000
    COLAB THEATER GROUP
    CO LAB THEATER GOUP
    NEW YORK,NY10011     		  PUBLIC CHARITY TO ENABLE THE ORGANIZATION TO PROVIDE INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES A CREATIVE AND SOCIAL OUTLET THROUGH THEATER ARTS. 40,000
    Judy Dworin Performance Project
    233 PEARL ST
    HARTFORD,CT06103     		  PUBLIC CHARITY TO SUPPORT THE ORGANIZATION'S MISSION that the arts can be a powerful agent for SOCIAL change. PROGRAMS INCLUDE HAVING teaching artists engage in continuing multi-arts collaborative performance projects with the women INCARCERATED IN PRISON; in school and after school innovative arts and enrichment programs provided for children and high school students with incarcerated parents; a special arts weekend retreat offered at York Correctional Institution for women residents, their children and caregivers, and more. 35,000
    MUSIC HAVEN
    PO BOX 207332
    NEW HAVEN,CT06520     		  PUBLIC CHARITY TO SUPPORT THE Music Havens mission WHICH is to use a string quartet to build a vibrant urban community through performance and music education that empowers young people, their families, and professional musicians. 35,000
    Total .................................bullet 3a 813,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    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 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 7,188  
    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 45,709  
    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)..   52,897  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1352,897
    (See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    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
    Sign Here
    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
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    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
    2012
    Name of the organization
    THE COMMON SENSE FUND INC
    C/O ERIC SCHWARTZ
    Employer identification number

    13-3157570
    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) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 2
    Name of organization
    THE COMMON SENSE FUND INC
    C/O ERIC SCHWARTZ         		Employer identification number

    13-3157570
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    SCHWARTZ 2006 REVOCABLE TRUST    
    10 GLENVILLE ST
       
    GREENWICH, CT   06831

    		$1,831,320


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    SCHWARTZ 2006 REVOCABLE TRUST    
    10 GLENVILLE ST
       
    GREENWICH, CT   06831

    		$1,112,702


    (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) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 3
    Name of organization
    THE COMMON SENSE FUND INC
    C/O ERIC SCHWARTZ         		Employer identification number

    13-3157570
    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
    2
    		 SECURITIES   $1,112,702 2012-01-01
    (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) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 4
    Name of organization
    THE COMMON SENSE FUND INC
    C/O ERIC SCHWARTZ         		Employer identification number

    13-3157570
    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) (2012)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2012 AccountingFeesSchedule
    Name:
    THE COMMON SENSE FUND INC
    C/O ERIC SCHWARTZ
    EIN: 13-3157570
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,875     3,875

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

    TY 2012 DepreciationSchedule
    Name:
    THE COMMON SENSE FUND INC
    C/O ERIC SCHWARTZ
    EIN: 13-3157570
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    THE COMMON SENSE FUND INC
    C/O ERIC SCHWARTZ
    EIN: 13-3157570
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SCHWAB INVESTMENTS 0 0
    FIDELITY INVESTMENTS 1,112,703 1,112,703

    TY 2012 InvestmentsOtherSchedule2
    Name:
    THE COMMON SENSE FUND INC
    C/O ERIC SCHWARTZ
    EIN: 13-3157570
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN 500 STARTUPS II AT COST 230,722 230,722

    TY 2012 LandEtcSchedule2
    Name:
    THE COMMON SENSE FUND INC
    C/O ERIC SCHWARTZ
    EIN: 13-3157570
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value


    TY 2012 OtherAssetsSchedule
    Name:
    THE COMMON SENSE FUND INC
    C/O ERIC SCHWARTZ
    EIN: 13-3157570
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INVESTMENT IN LIFE INSURANCE 1,760,958 1,760,958 1,697,569


    TY 2012 OtherExpensesSchedule
    Name:
    THE COMMON SENSE FUND INC
    C/O ERIC SCHWARTZ
    EIN: 13-3157570
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NYS FILING FEES 250     250
    BANK CHARGES 74     74
    DUES & MEMBERSHIPS 3,095     3,095
    OFFICE SUPPLIES & EXPENSE 4,987     4,987
    COMPUTER WEBSITE EXPENSE 359     359
    DEDUCTIONS FROM K-1 SCHEDULE 21,812 21,812    


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    THE COMMON SENSE FUND INC
    C/O ERIC SCHWARTZ
    EIN: 13-3157570
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVISORY FEES 42,632     42,632
    INVESTMENT FEES 1,000     1,000


    TY 2012 TaxesSchedule
    Name:
    THE COMMON SENSE FUND INC
    C/O ERIC SCHWARTZ
    EIN: 13-3157570
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 1,842 1,842