Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
Allied Educational Foundation
 

Number and street (or P.O. box number if mail is not delivered to street address)13836 Rivoli Drive   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Palm Beach Gardens, FL33410
A Employer identification number

13-6202432
B Telephone number (see instructions)

(201) 569-8180
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E 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$6,393,969J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 101,500
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 286,778 286,778 286,778
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,324
b Gross sales price for all assets on line 6a 1,639,719
7 Capital gain net income (from Part IV, line 2)...  
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........ 386,954 286,778 286,778
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 92,500   92,500  
14 Other employee salaries and wages...... 53,490   26,745 26,745
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 12,970   9,727 3,243
b Accounting fees (attach schedule)....... Click to see attachment 20,341   20,341  
c Other professional fees (attach schedule).... Click to see attachment 122,890 24,890 39,250 58,750
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 5,709      
19 Depreciation (attach schedule) and depletion... Click to see attachment 471   471
20 Occupancy.............. 19,970   19,970  
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 34,466   26,478 7,988
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 362,807 24,890 235,482 96,726
25 Contributions, gifts, grants paid........ 228,485 228,485
26 Total expenses and disbursements. Add lines 24 and 25 591,292 24,890 235,482 325,211
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -204,338
b Net investment income (if negative, enter -0-) 261,888
c Adjusted net income (if negative, enter -0-)... 51,296
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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...............      
2 Savings and temporary cash investments.......... 572,871 562,990 562,990
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 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...........   8,966 8,966
10a Investments—U.S. and state government obligations (attach schedule) 348,185 Click to see attachment288,407 288,407
b Investments—corporate stock (attach schedule)........ 2,190,278 Click to see attachment2,637,421 2,637,421
c Investments—corporate bonds (attach schedule)........ 3,327,628 Click to see attachment2,840,662 2,840,662
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet21,286
Less: accumulated depreciation (attach schedule) bullet15,159   Click to see attachment6,127 6,127
15 Other assets (describe bullet) Click to see attachment56,285 Click to see attachment49,396 Click to see attachment49,396
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,495,247 6,393,969 6,393,969
Liabilities 17 Accounts payable and accrued expenses.......... 4,549 1,546
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).......... 4,549 1,546
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 6,490,698 6,392,423
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 6,490,698 6,392,423
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 6,495,247 6,393,969
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 6,490,698
2 Enter amount from Part I, line 27a..................... 2 -204,338
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 106,063
4 Add lines 1, 2, and 3.......................... 4 6,392,423
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 6,392,423
Form 990-PF (2013)
Form 990-PF (2013)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -1,324
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 -15,461
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))
2012      
2011      
2010      
2009      
2008      
2 Total of line 1, column (d) ...................... 2  
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  
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
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 (2013)
Form 990-PF (2013)
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 5,238
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 5,238
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 5,238
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 14,675
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 14,675
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 9,437
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet9,437 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    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 .Click to see attachment
    8b
     
    No
    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 2013 or the taxable year beginning in 2013 (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.Click to see attachment
    10
    Yes
     
    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 addressbulletN/A
    14
    The books are in care ofbulletTrustees of Allied Educational Telephone no.bullet (201) 569-8180
    Located atbullet13836 Rivoli DrivePalm Beach GardensFL ZIP+4bullet33410
    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 2013, did the foundation have an interest in or a signature or other authority over YesNo
    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 (2013)
    Form 990-PF (2013)
    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
     
    No
    .........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 2013?.............
    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 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    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 2013 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 2013.)....................
    3b
     
    No
    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 2013?
    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
     
    No
    .........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
     
    No
    Form 990-PF (2013)
    Form 990-PF (2013)
    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
    Camadeco Benjamin Trustee
    6.00     		17,500    
    3800 S Ocean Drive Suite 706
    Hollywood,FL33019
    Crowley James Trustee
    1.50     		10,000    
    3800 S Ocean Drive Suite 706
    Tenafly,NJ07670
    Gelfand Bertram Trustee
    1.50     		10,000    
    3800 S Ocean Drive Suite 706
    Hollywood,FL33019
    Anthony Guigliano Trustee
    1.50     		17,500    
    3800 South Ocean Drive 706
    Hollywood,FL33019
    Pobiner Herbert Trustee
    6.00     		10,000    
    3800 S Ocean Drive Suite 706
    Hollywood,FL33019
    Bruce Rogers Trustee
    1.50     		10,000    
    3800 South Ocean Drive 706
    Hollywood,FL33019
    Turitz Theodore Trustee
    1.50     		17,500    
    3800 S Ocean Drive Suite 706
    Hollywood,FL33019
    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
    NONE
    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
    Automated Office Systems Administration 78,000
    13836 Rivoli Drive
    Palm Beach Gardens,FL33410
    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 Shaping Legal Public Policy in Association with Washington Legal Foundation -During 3013, filed seven amicus curiae briefs in vital cases on issues that are important to the stability and freedom of the United States, all of which were at were at the United States Supreme Court and similar jurisdictional Courts. To date, hundreds of briefs have been filed, and the courts have agreed with the views of Allied Educational Foundation in most case decisions. 98,756
    2 During 2013 the Foundation co-sponsored a three day long health and welfare conference attended by 138 participants. During this conference, professional lectures by eminent authorities in medical areas of great concern to retired individuals were presented. 78,944
    3 Accuracy in Media--Allied Educational Foundation Speakers' Bureau. During 2013, this Foundation, individually and jointly, conducted 75 seminars, lectures, conferences, and media presentations. 73,756
    4 During 2013, the Foundation filed five amicus curiae briefs with the U.S. Supreme Court and one amicus curiae brief with the U.S. District Court for the Eastern District of Virginia in partnership with Judicial Watch in order to fight against political corruption and in defense of the U.S. Constitution. 73,755
    Form 990-PF (2013)
    Form 990-PF (2013)
    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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    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
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    316,805
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    5,238
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,238
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    311,567
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    311,567
    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
    311,567
    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
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    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 (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 311,567
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009.......  
    c From 2010....... 47,955
    d From 2011....... 126,245
    e From 2012....... 104,784
    fTotal of lines 3a through e......... 278,984
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 325,211
    a Applied to 2012, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2013 distributable amount..... 311,567
    e Remaining amount distributed out of corpus 13,644
    5 Excess distributions carryover applied to 2013.    
    (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 5 292,628
    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 instructions ...........     		 
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		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 2008 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		292,628
    10 Analysis of line 9:
    a Excess from 2009....  
    b Excess from 2010.... 47,955
    c Excess from 2011.... 126,245
    d Excess from 2012.... 104,784
    e Excess from 2013.... 13,644
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 2013, 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) 2013 (b) 2012 (c) 2011 (d) 2010
             
    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).)
    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 (2013)
    Form 990-PF (2013)
    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
    Washington Legal Foundation
    2009 Massachusetts Avenue NW
    Washington,DC20036     		None Found. File legal briefs in vital cases on issues that are important to the stability and freedom of the United States. (See Statement 16.) 75,000
    Judicial Watch
    425 Third Street SW
    Washington,DC20024     		None Not Found File legal briefs to fight against political corruption and in defense of the U.S. Constitution.(See Statement 18.) 50,000
    Accuracy In Media
    4350 East West Highway
    Bethesda,MD20814     		None Not Found Conduct of seminars, lectures, conferences, and media presentations.(See Part IX-A) 50,000
    Total .................................bullet 3a 175,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    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....          
    3
    Interest on savings and temporary cash investments ............     		         
    4 Dividends and interest from securities....     14 286,778  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    18 -1,324  
    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)..   285,454  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13285,454
    (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 (2013)
    Form 990-PF (2013)
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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 (2013)
    Additional Data


    Software ID: 13000170
    Software Version: 2013v3.1


    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.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2013
    Name of the organization
    Allied Educational Foundation
     
    Employer identification number

    13-6202432
    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 its Form 990PF, Part I, line 2, 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) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 2
    Name of organization
    Allied Educational Foundation
          		Employer identification number

    13-6202432
    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
     
     

    Stephen Barasch  
    13836 Rivoli Drive
     
    Palm Beach Gardens, FL33410

    		$100,000


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 3
    Name of organization
    Allied Educational Foundation
          		Employer identification number

    13-6202432
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
    Page 4
    Name of organization
    Allied Educational Foundation
          		Employer identification number

    13-6202432
    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) (2013)

    Additional Data


    Software ID: 13000170
    Software Version: 2013v3.1

    TY 2013 AccountingFeesSchedule
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Annual audit and regulatory compliance 20,341 0 20,341 0

    TY 2013 ContractorCompensationExpln
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    Contractor Explanation
    Automated Office Systems  

    TY 2013 ExplnOfNonFilingWithAGStmt
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    Statement:
    The Foundation has no state reporting obligation.

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Goldman Sachs due 01/15/15 104,477 104,477
    Citigroup due 9/15/14 103,046 103,046
    G.E. Capital Corp due 11/14/14 206,006 206,006
    American Int'l Group due 10/1/15 107,600 107,600
    Morgan Stanley due 10/15/15 107,395 107,395
    Barclays Bank due 1/8/20 110,800 110,800
    Goldman Sachs due 2/15/20 106,386 106,386
    Citigroup due 8/9/20 284,060 284,060
    International Paper due 4/01/16 108,367 108,367
    Nasdaq Omx Group 53,734 53,734
    Royal Bank of Scotland due 8/24/20 111,915 111,915
    HSBC USA due 9/27/20 107,873 107,873
    Barclays Bank due 10/14/20 208,360 208,360
    GE Capital Corp due 2/15/25 108,064 108,064
    Suntrust Bank due 2/15/26 64,721 64,721
    Merrill, Lynch due 9/15/26 108,227 108,227
    Goldman Sachs due 1/15/27 213,486 213,486
    Alcoa Inc. due 2/01/27 55,778 55,778
    JP MorganChase due 4/15/30 40,030 40,030
    Verizon Md Inc due 6/15/33 48,181 48,181
    Citigroup Inc due 10/31/33 42,232 42,232
    Bank of America due 12/01/15 107,443 107,443
    Bank of America due 2/15/19 108,544 108,544
    Morgan Stanley due 9/23/19 111,690 111,690
    Morgan Stanley due 1/26/20 112,247 112,247

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    American Capital Agency Corp. 6,520 6,520
    Amgen Inc. 12,435 12,435
    Analog Devices 15,126 15,126
    AT & T Inc. 14,662 14,662
    Babcock & Wilcox Co. 10,838 10,838
    Bank of New York Mellon 14,919 14,919
    Berkshire Hathaway Inc. 10,908 10,908
    Chubb Corp. 20,775 20,775
    Clorox Company 9,925 9,925
    Covidien PLC 12,939 12,939
    Dow Chemical Company 20,646 20,646
    Du Pont E.I. De Nemours 20,401 20,401
    Duke Energy 11,870 11,870
    Endurance Specialty Holding 13,259 13,259
    HCP Inc. 5,956 5,956
    Health Care Reit 6,696 6,696
    Hewlett-Packard Company 11,080 11,080
    Johnson & Johnson 15,296 15,296
    National Grid 9,602 9,602
    N.Y. Community Bank 15,502 15,502
    Old Republic Intl Corp 16,925 16,925
    Pepsico Incorp. 8,875 8,875
    Proctor & Gamble 12,944 12,944
    Sempra Energy 8,527 8,527
    St. Jude Medical Inc. 16,541 16,541
    Sysco Corporation 13,826 13,826
    Telephone & Data Sys Inc 8,688 8,688
    Unilever N V ADR 15,931 15,931
    Vanguard Short Term ET 126,850 126,850
    Wal-Mart Stores 12,197 12,197
    Xerox Corp 9,164 9,164
    Zimmer Holdings Inc. 15,004 15,004
    3M Co 9,395 9,395
    Aegon NV 7.25% Pfd 1,218 1,218
    Aegon N.V. Floating Rate Pfd. 5,294 5,294
    Aegon N.V. 6.375% Pfd. 13,367 13,367
    Aegon N.V. 8% Pfd. 7,668 7,668
    Affiliated Mgrs 6.375% Pfd 1,365 1,365
    Aflac Inc 5.5% Pfd 1,613 1,613
    Alexandria Real 6.45% Pfd 1,548 1,548
    American Fin Grp 5.75% Pfd 960 960
    American Fin 6.375% Pfd 1,728 1,728
    Ameriprise Financial Inc 5,515 5,515
    Arch Cap Grp 6.75% Pfd 4,884 4,884
    Aspen Hldgs Lot 7.25% Pfd 2,816 2,816
    Axis Cap Hldg 6.875% Pfd 6,036 6,036
    Bank of America Corp 6.204% Ser D Pfd 6,047 6,047
    Bank of N.Y. 5.2% Pfd 11,890 11,890
    Bank of America Corp Pfd 4,488 4,488
    Bank of America Corp Pfd 6.375% Ser 3 3,069 3,069
    Barclay Bank PLC 7.75% Pfd. 2,761 2,761
    Barclays Bank PLC 8.125% Pfd 2,233 2,233
    Barclays B. PLC 6.625% Pfd 7,073 7,073
    Barclays Bk PLC 7.10% Pfd 10,924 10,924
    BB&T Corp 5.625% Pfd 8,649 8,649
    BB&T Corp 5.85% Pfd 3,372 3,372
    Capital One Finl 6% Pfd 12,783 12,783
    Charles Schwab 6% Pfd 4,904 4,904
    Citigroup Cap IX 6% 6,526 6,526
    Citigroup Cap Tr XIII 9,483 9,483
    Citigroup Cap XVII 2,756 2,756
    Citigroup Capital XI 5,051 5,051
    Countrywide Cp 6.75% Pfd 4,555 4,555
    DB Cont Cap TR 6.55% Pfd 17,779 17,779
    Deutsche Bank 6.375% Perp 1,624 1,624
    Deutsche Bank 7.60% Pfd 2,985 2,985
    Digital Realty 6.625% Pfd 1,502 1,502
    Digital Realty 7% E Pfd 1,433 1,433
    Dominion Res Inc 8.375% 4,736 4,736
    DTE Energy 5.25% Pfd 867 867
    DTE Energy 6.5% Pfd 1,548 1,548
    Entergy Louisiana 6% Pfd 1,445 1,445
    Entergy Louisiana 5.875% 941 941
    Entergy Miss 6.00% Pfd 1,957 1,957
    Entergy Texas 7.875% 1,337 1,337
    First Niagra 8.625% Pfd 4,012 4,012
    GE Cap Corp 4.875% Pfd 7,270 7,270
    Goldman Sachs Grp. Pfd. 773 773
    Goldman Sachs 5.95% Pfd 3,209 3,209
    Goldman Sachs 6.125% Pfd 11,620 11,620
    Goldman Sachs 6.5% Pfd 12,136 12,136
    GS Flt Non-cum Pfd 2,491 2,491
    Hartford Finl 7.875% Pfd 3,955 3,955
    Health Care Reit 6.5% Pfd 3,253 3,253
    Hospitality 7.125% Pfd 4,464 4,464
    HSBC Holdings PLC 6.2% Ser A 6,076 6,076
    HSBC Holdings 8.00% Pfd 25,997 25,997
    ING Group NV 6.375% Pfd 7,110 7,110
    ING Group NV 7.20% Pfd 6,985 6,985
    ING Group N.V. 6.125% Cum 4,862 4,862
    ING Group 6.2% cum 3,471 3,471
    ING Group 7.05% Pfd. 6,121 6,121
    JP Morgan Chase 5.5% Pfd 13,103 13,103
    Kimco Realty 5.5% Pfd 1,497 1,497
    Kimco Realty 6.90% Pfd 3,692 3,692
    Kimco Realty 6% Pfd 4,466 4,466
    Lloyds Bkg Grp 7.75% Pfd 20,201 20,201
    Merrill Lynch 6.45% 8,499 8,499
    Merrill Lynch 6.45% Pfd 7,405 7,405
    Morgan Stanley Pfd Ser A 3,158 3,158
    Morgan Stanley 5.75% 3,019 3,019
    Morgan Stanley 6.25% Tr Pfd 3,102 3,102
    Morgan Stanley 6.60% Tr Pfd 3,265 3,265
    Morgan Stanley 6.60% Pfd 2,867 2,867
    Morgan Stanley 6.45% Pfd 2,954 2,954
    Morgan Stanley 6.25% Tr Pfd 7,149 7,149
    National Retail 6.25% Pfd 4,053 4,053
    Nextera Energy 5.7% Pfd 1,526 1,526
    Nextera Energy 5.625% Pfd 1,472 1,472
    Nextera Energy 5.125% Pfd 3,663 3,663
    Partner RE 6.50% Ser D Pfd 7,769 7,769
    Partnerre Ltd 7.25% Pfd 2,581 2,581
    PNC Financial 6.125% Pfd 21,008 21,008
    Protective Life 6.25% Pfd 2,799 2,799
    PS Bus Parks 5.75% Pfd 1,498 1,498
    PS Bus Parks 6% Pfd 4,404 4,404
    PS Bus Pk 6.45% Pfd 2,972 2,972
    Public Storage 5.75% Pfd 5,106 5,106
    Public Storage 5.9% Pfd 4,298 4,298
    Public Storage 5.375% Pfd 1,465 1,465
    Public Storage 5.625% Pfd 1,496 1,496
    Public Storage 6.875% Pfd 901 901
    Public Storage 6.5% Pfd 3,108 3,108
    Public Storage6.35% Pfd 3,362 3,362
    Qwest Corp 7.375% Pfd 5,042 5,042
    Qwest Corp 7.5% Pfd 5,529 5,529
    Qwest Corp 7& Pfd 1,531 1,531
    Qwest Corp 7& Pfd. 3,181 3,181
    Raymond James Fincl Pfd 2,100 2,100
    Realty Income 6.625% Pfd 5,001 5,001
    Regency Centers Corp Pfd 6.625% 3,060 3,060
    Regency Centers 6% Pfd 899 899
    Renaissance RE 6.08% Hld 1,216 1,216
    Royal Bank of Scotland 6.35% Pfd 1,636 1,636
    Royal Bank of Scotland 5.75% Pfd 12,655 12,655
    Royal Bank of Scotland 6.60% Non-Cum Pfd 4,108 4,108
    Royal Bank of Scotlan 6.40% Pfd 4,264 4,264
    Royal Bank of Scotland 6.75% Pfd 1,387 1,387
    Scana Corp 7.7% Pfd 813 813
    Senior Housing 5.625% Pfd 3,203 3,203
    Stanley Blck & Dckr 5.75% Pfd 3,207 3,207
    State Street Crp 5.25% Pfd 5,610 5,610
    TCF Fin Crp 7.5% Pfd 3,922 3,922
    Telephone Data Sys 7% Pfd 3,072 3,072
    Telephone Data 6.875% Pfd 1,789 1,789
    Torchmark Corp 5.875% Pfd 976 976
    UBS Pref Funding Perp 5,255 5,255
    US Bancorp Pfd 5,813 5,813
    US Bancorp Flt Pfd 1,283 1,283
    US Bancorp 6% Pfd 2,737 2,737
    US Cellular 6.95% 1,518 1,518
    Vornado Realty 5.7% 2,075 2,075
    Vornado Realty 7.875% 11,150 11,150
    Vornado Realty 6.875% 2,238 2,238
    Weingarten Realty 8.1% 748 748
    Weingarten Realty 6.50% 2,246 2,246
    Wells Fargo & Co 8% Pfd. 951 951
    AT & T 140,640 140,640
    Kayne Anderson MLP 159,400 159,400
    A O Smith 35,816 35,816
    AT & T 27,565 27,565
    Brown-Forman Corp. 30,908 30,908
    Canadian Natl Ry Co 32,958 32,958
    Carlisle Companies 34,618 34,618
    Chubb Corp 31,405 31,405
    Donaldson Company 33,942 33,942
    Enterprise Products 31,426 31,426
    Franklin Resources Inc 32,502 32,502
    Pentair Ltd 35,107 35,107
    Plains All American 26,351 26,351
    Polaris Inds Inc 44,857 44,857
    Powershares 36,794 36,794
    Sunoco Logistics Ptrs. 34,796 34,796
    TJX Cos Inc 36,454 36,454
    Abbbott Labs 14,067 14,067
    Alcoa, Inc. 9,556 9,556
    Apache Corp 8,078 8,078
    Applied Materials Inc. 9,194 9,194
    BB & T Corp. 14,070 14,070
    BP PLC Spons Adr 13,271 13,271
    Comcast Corp. 15,563 15,563
    Corning, Inc. 8,714 8,714
    CVS Caremark Corp. 10,020 10,020
    Devon Energy Corp. 8,971 8,971
    Ford Motor Company 11,187 11,187
    General Electric Company 14,800 14,800
    Glaxosmithkline PLC 12,493 12,493
    Ishares Iboxx 34,256 34,256
    Occidental Pete Corp. 9,130 9,130
    Oracle Corp. 9,374 9,374
    PPL Corp. 8,455 8,455
    Staples, Inc. 8,803 8,803
    Time Warner 13,805 13,805
    Vanguard Long Term ET 32,698 32,698
    Vodafone 23,311 23,311
    Allstate Corp. 6.75% Pfd. 1,924 1,924
    Allstate 5.1% Pfd. 1,181 1,181
    Axis Capital 5.5% Pfd. 1,840 1,840
    BB & T Corp. 5.2% Pfd. 1,575 1,575
    BB & T Corp Ser G 5.2% Pfd. 5,715 5,715
    Citigroup 5.8% Pfd. 9,409 9,409
    Citigroup 7.125% Pfd. 3,761 3,761
    Comcast Corp. 5% Pfd. 1,094 1,094
    Digital Realty 5.875% Pfd. 1,452 1,452
    Duke Energy 5.125% Pfd. 2,912 2,912
    G.E. Capital Corp. 4.7% Pfd. 7,011 7,011
    G.E. Capital Corp. 4.875% Pfd. 4,482 4,482
    Integrys Energy 6.0% Pfd. 18,921 18,921
    JP Morgan Chase 5.45% Pfd. 8,376 8,376
    Kimco Realty 5.625% Pfd. 1,513 1,513
    Morgan Stanley 7.125% Pfd. 3,811 3,811
    Nextera Energy 5% Pfd. 1,844 1,844
    Partnerre Ltd. 5.875% Pfd. 3,235 3,235
    PPL Capital Fdg. 5.9% Pfd. 1,662 1,662
    Prudential Fin. 5.7% Pfd. 1,646 1,646
    Prudential Finl. 5.75% Pfd. 2,618 2,618
    Prudential PLC 6.50% Perp. Pfd. 1,477 1,477
    PS Bus Parks 5.7% Pfd. 923 923
    Public Storage 5.2% Pfd. 1,489 1,489
    Public Storage 5.2% Pfd. 1,510 1,510
    Renaissance 5.375% Pfd. 3,877 3,877
    US Bancorp Del 5.15% Pfd. 2,936 2,936
    Ventas Realty LP 5.45% Pfd. 1,686 1,686
    Vornado 5.4% Pfd. 1,781 1,781
    Wells Fargo & Co. 5.2% Pfd. 3,012 3,012
    Wells Fargo & Co., 5.25% Pfd. 1,389 1,389
    Wells Fargo & Co., 5.85% Pfd. 9,734 9,734
    Wells Fargo & Co., 5.125% Pfd. 1,360 1,360
    WR Berkely Corp. 5.625% Pfd. 3,128 3,128
    Altria Group Inc. 36,087 36,087
    Aqua America Inc. 15,357 15,357
    Black Hills Corp. 26,045 26,045
    Chevron Corp. 24,857 24,857
    Conocophillips 32,640 32,640
    CVS Caremark 30,059 30,059
    JB Hunt 13,450 13,450
    Microsoft Corp. 37,036 37,036
    Pepsico Inc. 33,591 33,591
    Xilinx Inc. 18,138 18,138
    3M Co 37,868 37,868
    Entergy Arkansas 5.75% Pfd. 1,824 1,824

    TY 2013 InvestmentsGovtObligationsSch
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    US Government Securities - End of Year Book Value:

    38,735
    US Government Securities - End of Year Fair Market Value:

    38,735
    State & Local Government Securities - End of Year Book Value:


    249,672
    State & Local Government Securities - End of Year Fair Market Value:


    249,672


    TY 2013 LandEtcSchedule2
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 11,015 4,888 6,127 6,127
    Improvements 10,271 10,271    


    TY 2013 LegalFeesSchedule
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal services re: charitable programs 3,243 0 0 3,243
    Legal services-general 9,727 0 9,727 0


    TY 2013 OtherAssetsSchedule
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Interest Receivable 54,063 47,174 47,174
    Security deposit 2,222 2,222 2,222


    TY 2013 OtherExpensesSchedule
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank Charges 50   50  
    Controller, bookkeeping svces 10,800   5,400 5,400
    Dues 1,051   1,051  
    Insurance 10,298   10,298  
    Maint and use of equipment 5,713   3,428 2,285
    Meeting expenses 3,122   3,122  
    Office supplies and expenses 1,917   1,917  
    Postage 1,515   1,212 303


    TY 2013 OtherIncreasesSchedule
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    Description Amount
    Net unrealized gain on investments 106,063


    TY 2013 OtherProfessionalFeesSchedule
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrator's fees 78,500 0 39,250 39,250
    Consulting 19,500 0 0 19,500
    Investment advisory fees 24,890 24,890 0 0


    TY 2013 SubstantialContributorsSch
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    Name Address
    Stephen Barasch 13836 Rivoli Drive
    Palm Beach Gardens,FL33410


    TY 2013 TaxesSchedule
    Name:
    Allied Educational Foundation
    EIN: 13-6202432
    Software ID:13000170
    Software Version:2013v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Federal excise tax 5,709