| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 12,500 | 12,500 |
| Person Name | Explanation |
|---|---|
| JOSEPH WILF | |
| ELIZABETH WILF | |
| LEONARD WILF | |
| ZYGMUNT WILF | |
| MARK WILF | |
| ORIN WILF | |
| JASON WILF | |
| JEFFREY WILF | |
| JONATHAN WILF |
| Contractor | Explanation |
|---|---|
| BELIN CONSULTING | CONSULTING |
| 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 | 28,940 | MACRS | 5.0000 | 1,768 | 1,768 |
| Employee | Explanation |
|---|---|
| MARY ELLEN LAWRENCE |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 200000 DELPHI CORP 6 1/2 13 | 207,113 | 9,750 |
| 200000 GMAC 5.9 19 | ||
| 200000 TIME WARNER 6.95 28 | 198,891 | 244,602 |
| 200000 ALLY FINANCIAL 6 3/4 14 | 206,005 | 210,300 |
| 250000 ANADARKO PETROLEUM 5.95 16 | 271,660 | 282,418 |
| 250000 SUNOCO 5.75 17 | 268,156 | 274,860 |
| 250000 ALCOA 5.55 17 | 263,275 | 269,598 |
| 250000 PITNEY BOWES 4.75 18 | 263,188 | 264,148 |
| 250000 VIACOM 4.625 18 | 263,525 | 274,395 |
| 250000 POTASH CORP-SASKATCHEWAN 4.87 | 266,218 | 275,687 |
| 250000 ERP OPERATING 4.75 20 | 267,365 | 274,078 |
| 250000 L-3 COMMUNICATION 4.75 20 | 268,460 | 263,860 |
| 250000 JP MORGAN CHASE 4.4 20 | 261,168 | 269,972 |
| 250000 CREDIT SUISSE NEW YORK 4.375 | 261,128 | 271,918 |
| 250000 NEWELL RUBBERMAID 4.7 20 | 266,575 | 267,275 |
| 250000 ENTERGY 5.125 20 | 254,012 | 265,280 |
| 250000 CLIFFS NATURAL RESOURCES 4.8 | 259,505 | 247,195 |
| 250000 MATTEL 4.35 20 | 261,065 | 265,397 |
| 250000 CORN PRODUCTS INTERNATIONAL 4 | 262,505 | 265,975 |
| 250000 CANADIAN PACIFIC 4.45 23 | 260,823 | 264,442 |
| 250000 REGIONS FINANCIAL 4.875 13 | ||
| 250000 TEXTRON FINANCIAL 5.4 13 | ||
| 250000 DUKE REALTY 6.25 13 | ||
| 250000 FRONTIER COMMUNICATIONS 6.625 | 265,625 | 262,550 |
| 250000 UNION PACIFIC 4 21 | 269,900 | 265,593 |
| 250000 METLIFE 4.75 21 | 270,612 | 275,875 |
| 250000 CVS COREMARK 4.125 21 | 263,875 | 265,475 |
| 250000 AETNA 4.125 21 | 268,428 | 264,690 |
| 250000 VORNADO REALTY TRUST 4.25 15 | 257,188 | 259,033 |
| 250000 ROYAL BANK OF SCOTLAND 5 13 | 249,688 | 250,300 |
| 250000 RITE AID 9.75 16 | ||
| 250000 HUTCH WHAMPOA 6 49 | 260,375 | 264,985 |
| 500000 GE CAPITAL 6.375 67 | 520,000 | 543,750 |
| 250000 WINDSTREAM 8.125 13 | ||
| 250000 GOLDMAN SACHS GROUP 5.95 18 | 265,290 | 286,985 |
| 250000 AMGEN 4.1 21 | 270,400 | 261,258 |
| 250000 DOW CHEMICAL 4.125 21 | 268,000 | 258,412 |
| 250000 UNITED HEALTH GROUP 2.875 22 | 257,053 | 240,983 |
| 250000 MORGAN STANLEY 5.25 12 | ||
| 250000 CITI GROUP 5.5 13 | ||
| 104558 JP MORGAN TRUST I FLOATING RA | 1,047,755 | 1,056,038 |
| 250000 MORGAN STANLEY FLOAT RATE 14 | 242,813 | 251,117 |
| 250000 ICHAN ENTERPRISES 7.75 16 | 264,375 | 257,820 |
| 250000 ARCELOMITTAL 3.75 16 | 237,500 | 257,390 |
| 250000 GOLDMAN SACHS CAPITAL II 5.79 | 173,750 | 185,640 |
| 250000 EMBRAER OVERSEAS 6.375 17 | 274,375 | 278,415 |
| 250000 KELLOGG 4 20 | 284,663 | 267,165 |
| 250000 WALMART 4.25 21 | 291,250 | 273,442 |
| 250000 GENERAL MILLS 3.15 21 | 261,693 | 249,580 |
| 250000 AT&T 3 22 | 262,585 | 235,165 |
| 250000 CATERPILLAR 2.6 22 | 258,330 | 237,412 |
| 250000 PACIFIC GAS & ELEC 2.45 22 | 253,740 | 227,753 |
| 250000 CLOROX 3.05 22 | 258,895 | 240,685 |
| 250000 GENERAL ELECTRIC 2.7 22 | 261,693 | 239,917 |
| 250000 APACHE CORP 2.625 23 | 249,921 | 233,048 |
| 250000 FEDEX 2.7 23 | 254,225 | 230,160 |
| 600000 BANK OF AMERICA 8.125 49 | 556,250 | 557,950 |
| 355000 JP MORGAN CHASE VAR. RATE | 355,000 | 344,460 |
| 65000 JP MORGAN CHASE 5.15 49 | 65,000 | 59,285 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 13373 AT&T | 67,294 | 484,103 |
| 7072 VERIZON COOMUNICATIONS | 62,386 | 357,207 |
| 591 CENTURY LINK | 19,805 | 20,011 |
| 523856 VORNADO REALTY TRUST | 9,110,654 | 46,392,115 |
| 10000 PUTNAM PREMIER INCOME TRUST | 100,002 | 53,900 |
| 4375 VODAPHONE | 12,286 | 161,241 |
| 22230 PNC FINANCIAL SERVICES | 837,605 | 1,634,572 |
| 3000 PUBLIC SERVICE ENTERPRISE GROUP | 39,064 | 100,500 |
| 521 WELLS FARGO | 99,157 | 22,241 |
| 8000 MERRILL LYNCH CAP TR IV 7.12 PF | 200,000 | 201,760 |
| 10983 BLACKROCK CORPORATE HIGH YIELD | 154,272 | 80,835 |
| 54458 IBM | 7,478,736 | 9,759,418 |
| 1496 BANK ONE CAPITAL TRUST 7.2 PFD | ||
| 5192 FRONTIER COMMUNICATIONS | 54,118 | 22,871 |
| 10000 GENERAL MOTORS 7 1/4 PFD | 126,496 | |
| 7000 BAC CAPITAL TRUST III 7 PFD | ||
| 10000 STERLING BANCORP TR I 8 3/8 PF | 100,000 | 103,010 |
| 2243 VNB CAP TRUST I 7 3/4 PFD | ||
| 5000 BAC CAPITAL TRUST II 7 PFD | ||
| 5000 GMAC 7.35 PFD | ||
| 5000 GENERAL MOTORS 7 1/4 PFD | 63,068 | |
| 5000 JP MORGAN CHASE CAPITAL X 7 PFD | ||
| 8000 FIRST NIAGRA FINANCIAL GROUP | 80,000 | 88,240 |
| 5000 M S CAP TRUST III 6 1/4 PFD | 125,000 | 121,100 |
| 5000 JP MORGAN CHASE CAP XI 5 7/8 PF | ||
| 4507 COMCAST | 34,252 | 214,533 |
| 5000 JP MORGAN CHASE CAP XIV 6.2 PF | ||
| 5000 GMAC 7 3/8 PFD | 125,000 | 126,550 |
| 5000 VORNADO REALTY TR SER G 6 5/8 P | 125,000 | 119,850 |
| 1000 LAZARD LTD | 25,000 | 36,850 |
| 161 PORTLAND GENERAL ELECTRIC | 4,621 | |
| 1264 ALCATEL LUCENT | 21,328 | 4,841 |
| 48880 NEW YORK COMMUNITY BANCORP | 529,500 | 792,345 |
| 2200 VANGUARD NATURAL RESOURCES | 55,300 | 61,952 |
| 6000 AMR CORP 7 7/8 PFD | 150,000 | 165,186 |
| 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 | ||
| 20000 GENERAL MOTORS 7 1/2 PFD | 252,993 | |
| 400 LUMBER LIQUIDATORS | 4,400 | 45,876 |
| 594 BOEING | 50,000 | 77,517 |
| 7307 CITIGROUP | 250,000 | 356,435 |
| 100215 JP MORGAN STRATEGIC INCOME OP | 1,153,736 | 1,192,561 |
| 52216 JP MORGAN SHORT DURATION BOND | 567,606 | 570,200 |
| 10000 VORNADO REALTY TRUST SERIES J | 250,000 | 248,100 |
| 1000 AVALON BAY COMMUNITIIES | 110,065 | 125,050 |
| 5000 GENERAL MOTORS CONV PFD B | 236,502 | 256,600 |
| 250000 JP MORGAN CHASE 7.9 PFD | 248,125 | 277,255 |
| 7558 GENERAL MOTORS WARRANTS-CL A | 303,725 | 207,905 |
| 7558 GENERAL MOTORS WARRANTS-CL B | 234,346 | 148,515 |
| 8318 GENERAL MOTORS | 461,929 | 307,350 |
| 20000 FIRST REPUBLIC BANK 6.7 PFD | 500,000 | 489,000 |
| 10000 FIRST REPUBLIC BANK 6.2 PFD | 250,000 | 227,200 |
| 20000 GOLDMAN SACHS GROUP 5.95 PFD | 500,000 | 448,000 |
| 2090 MOTORS LIQUIDATION TRUST | 25,260 | 75,867 |
| 4000 ANNALY CAPITAL MANAGEMENT 7.625 | 100,000 | 96,120 |
| 10000 CAPITAL ONE FINANCIAL 6 PFD | 249,500 | 222,900 |
| 9000 DDR CORP 6.5 PFD | 225,000 | 199,260 |
| 6000 FIRST REPUBLIC BANK 6.2 PFD | 150,000 | 136,320 |
| 750 WELLS FARGO 5.2 PFD | 18,750 | 15,750 |
| 250000 WELLS FARGO 7.98 PFD | 271,562 | 282,538 |
| 20000 CITIGROUP SER J 7.125 PFD | 500,000 | 518,200 |
| 8000 FIRST REPUBLIC BANK 5.5 PFD | 200,000 | 163,040 |
| 10000 VORNADO REALTY TRUST 5.4 PFD | 250,000 | 203,000 |
| 20000 WELLS FARGO 5.85 PFD | 500,000 | 486,400 |
| 5000 CITIGROUP 7.125 PFD | 125,000 | 129,550 |
| 13000 WELLS FARGO 5.85 PFD | 325,000 | 316,160 |
| 18000 WELLS FARGO 5.25 PFD | 450,000 | 387,900 |
| 8682 GOLDMAN SACH STRAT INCOME TRUST | 90,898 | 91,593 |
| 5782 HSBC TOTAL RETURN FUNDS | 59,000 | 58,688 |
| 14319 PIMCO UNCONSTRAINED BOND FUND | 165,810 | 161,085 |
| 9618 PRUDENTIAL INVESTMENT PORTFOLIO | 95,736 | 94,832 |
| 9081 DOUBLE LINE TOTAL RETURN FUND | 103,157 | 99,706 |
| 5481 EATON VANCE FLOATING RATE FUND | 50,205 | 50,260 |
| 12707 JPM STRAT INCOME OPP FUND | 151,335 | 151,208 |
| 9655 JPM MLT SECURED INCOME FUND | 98,770 | 98,287 |
| 14805 RBC FUNDS TRUST | 149,376 | 151,895 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ISRAEL BONDS | AT COST | 2,084,770 | 2,234,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE EQUIPMENT | 30,708 | 30,708 |
| 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 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE | 9,663 | 9,663 | ||
| INSURANCE | 7,867 | 7,867 | ||
| DUES AND SUBSCRIPTIONS | 5,197 | 5,197 |
| Description | Amount |
|---|---|
| RETURN OF CHARITABLE CONTRIBUTION | 716 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 165,000 | 165,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 44,456 |