TY 2013 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do 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.
bullet

Information 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
Muna & Basem Hishmeh Foundation Inc

% MUNA & BASEM HISHMEH FDN

Number and street (or P.O. box number if mail is not delivered to street address)1850 S OCEAN DRIVESuite 3104Room/suite

City or town, state or province, country, and ZIP or foreign postal code
Hallandale Beach, FL33009

A Employer identification number

65-1270242

B Telephone number (see instructions)

(954) 458-1778

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85% test,
check here and attach computation ........... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ......... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$4,619,683J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ......... bullet

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	25,000
2	Check
3	Interest on savings and temporary cash investments	148		148
4	Dividends and interest from securities......	80,312		80,312
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		311,947
b	Gross sales price for all assets on line 6a 1,489,381
7	Capital gain net income (from Part IV, line 2)...			311,947
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).......		1,140
12	Total. Add lines 1 through 11........	418,547		392,407
13	Compensation of officers, directors, trustees, etc.	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		84,604	84,604
17	Interest...............
18	Taxes (attach schedule) (see instructions)		3,453	3,253
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		27,084	1,004	26,080
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	115,141		88,861	26,080
25	Contributions, gifts, grants paid........	230,000			230,000
26	Total expenses and disbursements. Add lines 24 and 25	345,141		88,861	256,080
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	73,406
b	Net investment income (if negative, enter -0-)			303,546
c	Adjusted net income (if negative, enter -0-)...

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
Part II		Balance Sheets		(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........		325,488	414,589	414,589
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)		201,796	200,278	197,333
	b	Investments—corporate stock (attach schedule)........		2,853,169	2,838,992	4,007,761
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)		3,380,453	3,453,859	4,619,683
		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 )
23		Total liabilities (add lines 17 through 22)..........		0	0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		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		3,380,453	3,453,859
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................		3,380,453	3,453,859
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................		3,380,453	3,453,859

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	3,380,453
2	Enter amount from Part I, line 27a.....................	2	73,406
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	3,453,859
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	3,453,859

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.)
1 a	Publicly-traded Securities
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,489,381	1,177,434	311,947
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			311,947
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	311,947
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 . . . . . . . . . . . . . . . .		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? Yes No

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	334,934	3,691,463	0.090732
2011	397,683	3,885,823	0.102342
2010	274,946	3,855,626	0.07131
2009	233,833	3,632,227	0.064377
2008	281,593	4,199,848	0.067048

2	Total of line 1, column (d) ......................	2	0.395809
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	0.079162
4	Enter the net value of noncharitable-use assets for 2013 from Part X, line 5.....	4	4,092,704
5	Multiply line 4 by line 3.......................	5	323,987
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	3,035
7	Add lines 5 and 6.........................	7	327,022
8	Enter qualifying distributions from Part XII, line 4..............	8	256,080
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	6,071
	hereand 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	6,071
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	6,071
6	Credits/Payments:

a	2013 estimated tax payments and 2012 overpayment credited to 2013	6a	400
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	5,671
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	6,071
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2014 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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.

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

MUNA & BASEM HISHMEH FDN Telephone no. bullet

(954) 458-1778

Located at bullet

1850 S Ocean Drive Unit 3104Hallendale BeachFL ZIP+4 bullet

33009

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?.........................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(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)........YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?........................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
Basem L Hishmeh	Pres / Dir 1.0	0	0	0
1850 S OCEAN DRIVE Hallandale Beach,FL33009	Pres / Dir 1.0	0	0	0
Muna Hishmeh	Dir / Sec 1.0	0	0	0
1850 S OCEAN DRIVE Hallandale Beach,FL33009	Dir / Sec 1.0	0	0	0
Robert Hishmeh	Dir / Treas 1.0	0	0	0
1850 S OCEAN DRIVE Hallandale Beach,FL33009	Dir / Treas 1.0	0	0	0
Amal Ibrahimaj	VP / Dir 1.0	0	0	0
1850 S OCEAN DRIVE Hallandale Beach,FL33009	VP / Dir 1.0	0	0	0

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...................

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
UBS Financial Services	Investment MGMT	84,604
7700 Wisconsin Ave Suite 300 Bethesda,MD20814	Investment MGMT	84,604

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 (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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

Average of monthly cash balances.......................

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

Minimum investment return. Enter 5% of line 5..................

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

204,635

Tax on investment income for 2013 from Part VI, line 5......

6,071

Income tax for 2013. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

6,071

Distributable amount before adjustments. Subtract line 2c from line 1............

198,564

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

198,564

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1................................

198,564

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

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).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

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)

Page 8

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2013
1 Distributable amount for 2013 from Part XI, line 7			198,564
2 Undistributed income, if any, as of the end of 2013:
a Enter amount for 2012 only.......
b Total for prior years:2011, 2010, 2009
3 Excess distributions carryover, if any, to 2013:
a From 2008.......	53,376
b From 2009.......
c From 2010.......	84,609
d From 2011.......	205,664
e From 2012.......	150,647
fTotal of lines 3a through e.........		494,296
4Qualifying distributions for 2013 from Part
XII, line 4: $ 256,080
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).........
d Applied to 2013 distributable amount.....			198,564
e Remaining amount distributed out of corpus		57,516
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		551,812
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) ...		53,376
9Excess distributions carryover to 2014. Subtract lines 7 and 8 from line 6a ......		498,436
10 Analysis of line 9:
a Excess from 2009....
b Excess from 2010....	84,609
c Excess from 2011....	205,664
d Excess from 2012....	150,647
e Excess from 2013....	57,516

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

BASEM L HISHMEH

MUNA HISHMEH

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ARAB COMMUNITY CENTER FOR ECONOMIC & SOCIAL SVC 2651 SAULINO CT DEARBORN,MI48120	N/A	PC	Free Craft Sundays	5,000
ARAB COMMUNITY CENTER FOR ECONOMIC & SOCIAL SVC 2651 SAULINO CT DEARBORN,MI48120	N/A	PC	SURA Arts Academy	10,000
CUYAHOGA VALLEY YOUTH BALLET PO BOX 3131 CUYAHOGA FLS,OH44223	N/A	PC	Reach Out and Dance Programming Support	2,500
EDWARD SAID NATIONAL CONSERVATORY OF MUSIC AL ZAHRA ST NO 20 PO BOX 66676 JERUSALEM,palestine IS	N/A	PC	EQUIVALENCY DETERMINATION - STUDENT ORCHESTRA PROGRAM	30,000
FIRST RAMALLAH GROUP School of Dance Program PO Box 2017 ramallah,palestine IS	N/A	NC	Expenditure Responsibility Grant	30,000
FREE ARTS FOR ABUSED CHILDREN OF NEW YORK CITY INC 1431 BROADWAY FL 7 NEW YORK,NY10018	N/A	PC	General & Unrestricted	15,000
NATIONAL DANCE INSTITUTE INC 217 W 147TH ST NEW YORK,NY10039	N/A	PC	The Irene Diamond Summer Institute	15,000
NEW 42ND STREET INC 229 W 42ND ST NEW YORK,NY10036	N/A	PC	New Vicory Children's Education Program	15,000
PHILHARMONIC-SYMPHONY SOCIETY OF NEW YORK INC 10 LINCOLN CENTER PLZ NEW YORK NY,NY10023	N/A	PC	Very Young Composers and Free Concerts	35,000
RAWDAT EL-ZUHUR Music Art and Drama Program PO BOX 19796 jerusalem,PALESTINE IS	N/A	NC	Expenditure Responsibility Grant	20,000
ROUNDABOUT THEATRE COMPANY INC 231 W 39TH ST NEW YORK,NY10018	N/A	PC	Education@Roundabout Development Program	15,000
THE MUSICAL ARTS ASSOCIATION 11001 EUCLID AVE CLEVELAND,OH44106	N/A	PC	Learning Through Music Program	2,500
THE ORTHODOX CLUB al-maahad st po box 761 ramallah,palestine IS	N/A	NC	Expenditure Responsibility Grant	10,000
THE WILLIAM PATERSON UNIVERSITY OF NEW JERSEY FDN 300 POMPTON RD WAYNE,NJ07470	N/A	PC	Paterson Middle School System music project AND EXCHANGE ACTIVITIES WITH ESNCM PROGRAM	25,000
Total ................................. 3a				230,000

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
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 ............			14	148
4 Dividends and interest from securities....			14	80,312
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	311,947
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aFEDERAL TAX REFUNDS			01	1,140
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				393,547

13Total. Add line 12, columns (b), (d), and (e)..................

13393,547

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2013)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

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

Muna & Basem Hishmeh Foundation Inc

Employer identification number

65-1270242

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

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

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II.

Special Rules

For a section 501(c)(3) organization filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi) and received from any one contributor, during the year, a contribution of the
greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 for use exclusively for religious, charitable,
scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and
III.

For a section 501(c)(7), (8), or (10) organization filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did
not total more than $1,000. If this box is checked, enter here the total contributions that were received during
the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or more
during the year ......................... 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 Muna & Basem Hishmeh Foundation Inc

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	Hishmeh Basem L 1850 S Ocean Drive Unit 3104 Hallandale Beach, FL33009	$25,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (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 Muna & Basem Hishmeh Foundation Inc

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
Muna & Basem Hishmeh Foundation Inc

Employer identification number

65-1270242

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

(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

(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

(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

(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:
Software Version:

- TIN:

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

TY 2013 DepreciationSchedule

Name:

Muna & Basem Hishmeh Foundation Inc

EIN: 65-1270242

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

- TIN:

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

TY 2013 ExpenditureResponsibilityStmt

Name:

Muna & Basem Hishmeh Foundation Inc

EIN: 65-1270242

Grantee's Name	Grantee's Address	Grant Date	Grant Amount	Grant Purpose	Amount Expended By Grantee	Any Diversion By Grantee?	Dates of Reports By Grantee	Results of Verification
Rawdat El-Zuhur	PO Box 19796 E Jerusalem,Palestine IS	2012-03-21	20,000	Funding for Music, Art and Drama Program for children with learning difficulties	20,000	NO	2/20/13	None necessary
Rawdat El-Zuhur	PO Box 19796 E Jerusalem,Palestine IS	2013-02-21	20,000	Funding for Music, Art and Drama Program for children with learning difficulties.		NO	Expected in 2014	None necessary
First Ramallah Group	PO Box 2017 Ramallah,Palestine IS	2012-03-21	30,000	Funding for school of dance	30,000	NO	10/17/13	None necessary
First Ramallah Group	PO Box 2017 Ramallah,Palestine IS	2013-02-21	30,000	Funding for school of dance		NO	Expected in 2014	None necessary
The Orthodox Club	PO Box 761 Ramallah,Palestine IS	2012-05-29	10,000	Funding for children's dancing and musical programs	10,000	NO	12/31/13	None necessary
The Orthodox Club	PO Box 761 Ramallah,Palestine IS	2013-02-21	10,000	Funding for children's dancing and musical programs		NO	Expected in 2014	None necessary

- TIN:

TY 2013 InvestmentsCorpStockSchedule

Name:

Muna & Basem Hishmeh Foundation Inc

EIN: 65-1270242

Name of Stock	End of Year Book Value	End of Year Fair Market Value
3M CO	12,724	21,038
ABB LTD.	12,088	14,449
ABBOTT LABS	12,869	13,530
ABBVIE INC.	5,324	9,242
ACE LTD	7,325	8,386
ADT LTD.	6,053	7,163
AES CORP	9,464	11,593
AGILENT TECHNOLOGIES INC	9,997	14,298
AKZO NOBEL NV-ADR	4,415	5,640
ALLEGHENY TECH	2,309	2,494
ALLERGAN INC.	13,316	15,329
ALLIANZ SE ADR	15,280	17,731
ALLSTATE CORP	17,468	20,016
AMAZON COM	13,716	19,541
AMER INTERNATIONAL GROUP INC	9,942	12,456
AMERICAN ELECTRIC POWER INC.	12,077	12,947
AMERICAN EXPRESS CO	24,803	53,984
AMERICAN TOWER REIT INC	5,052	7,982
AMERIPRISE FINANCIAL INC	9,315	25,196
ANHEUSER BUSCH COS INC	7,458	15,437
APPLE INC.	17,034	26,368
APPLIED MATERIALS INC.	6,875	9,671
ASML HOLDING NV NY REG SHS	4,229	5,247
ASTELLAS PHARMA INC	8,919	11,100
AT&T CORP	17,796	19,584
ATLAS COPCO AB A SHS ADR	2,490	6,348
AUTOMATIC DATA PROCESSING INC.	10,783	16,564
AUTOZONE INC	4,460	14,338
AXA ADS	15,199	12,969
BAKER HUGHES INTL	14,515	17,186
BANK OF AMERICA CORP	12,287	15,196
BARCLAYS PLC ADR	20,971	15,356
BASF AG SPONS ADR	10,637	15,091
BAYER A G SPONSORED ADR	10,088	19,454
BECTON DICKINSON & CO	11,402	13,701
BERKSHIRE HATHAWAY INC. CLASS	13,249	23,712
BG GROUP PLC ADS	23,135	25,594
BHP BILLITON LIMITED	23,360	22,370
BIOGEN IDEC INC	23,092	30,194
BLACKROCK INC	8,041	13,608
BNP PARIBAS SPONS ADR	12,757	12,230
BOEING CO	35,494	55,277
BORG WARNER INC.	13,413	14,201
BRISTOL-MYERS SQUIBB CO	6,324	6,484
BRITISH AMERICAN TOBACCO PLC	8,992	15,039
BURBERRY GROUP PLC	10,134	12,233
CAMERON INTERNATIONAL CORP	5,919	6,072
CANADIAN PACIFIC RAILWAY LTD	17,849	21,185
CANON INC.	9,389	7,456
CELANESE CORPORATION	5,100	6,914
CELGENE CORP	23,545	41,567
CENTRICA PLC S/ADR	6,461	7,047
CHARLES SCHWAB CORP	5,985	11,232
CHEUNG KONG HLDGS LTD ADR	13,611	15,668
CHEVRON CORP	25,040	33,226
CHINA CONSTRUCT UNSPON ADR	9,197	8,850
CIGNA	5,547	9,973
CISCO SYSTEMS INC	38,135	48,225
CITIGROUP INC	37,751	55,340
CME GROUP, INC	7,087	7,297
CNOOC LTD ADS	6,407	7,319
COMCAST CORP	7,765	23,942
COMCAST CORP CL A	21,894	43,655
COMPAGNIE FINANCIERE RICHEMONT	7,305	13,840
CORNING INC	7,054	9,213
CREDIT SUISSE GROUP ADR	15,453	12,137
CUMMINS INC	11,757	13,392
CVS CAREMARK CORP.	20,269	33,853
DANA HOLDING CP	11,665	14,597
DANAHER CORP	9,439	13,973
DBS GROUP HLDGS SPON ADR	8,219	10,203
DIAGEO PLC ADS	7,174	12,580
DU PONT DE NEMOURS	3,939	7,796
DUKE ENERGY CO	8,258	10,697
EAST JAPAN RAILWAY C	7,833	9,152
EATON CORP PLC	6,151	8,906
EBAY INC.	13,470	20,741
ECOLAB INC	5,193	7,507
EMC CORP-MASS	21,708	28,294
ENSCO PLC	12,038	15,153
ESSILOR INTL ADR	3,508	3,587
EXPRESS SCRIPTS HOLDING CO.	6,730	9,131
EXXON MOBIL CORP	12,441	18,216
F5 NETWORKS, INC.	12,925	13,266
FANUC LIMITED UNSPONSORED	6,857	8,906
FIDELITY NATIONAL INFORMATION	10,069	14,708
FOREST CITY ENTERPRISES CL A	9,160	9,760
FOSSIL INC COM	13,026	12,234
FRANKLIN RES INC	9,261	13,971
FRESENIUS MED CAR AG	7,720	8,326
GAP INC.	22,596	28,685
GENERAL ELECTRIC CO	38,855	55,386
GENERAL MILLS INC	8,234	11,978
GENERAL MOTORS	16,534	23,623
GILEAD SCIENCES INC	11,710	37,099
GLAXOSMITHKLINE PLC	6,271	7,475
GOLDMAN SACHS GROUP	12,386	15,599
GOOGLE INC CL A	37,584	70,604
HALLIBURTON COMPANY	16,829	22,127
HANESBRANDS INC	10,139	14,405
HANG LUNG PROPERTIES-SP ADR	9,795	7,865
HARTFORD FINANCIALSERVICES GRO	8,310	11,268
HENKEL KGAA PFD SHS ADR	4,969	9,334
HOLOGIC, INC	8,652	11,778
HOME DEPOT INC.	25,109	53,439
HONDA MOTOR CO LTD	9,560	12,322
HONEYWELL INTERNATIONAL INC.	20,330	25,584
HSBC HOLDINGS PLC	27,411	27,179
IMPERIAL TOBACCO GRO	7,332	9,878
INDUSTRIAL & COM UNSP/ADR	9,650	9,370
ING GROUP N V SPONSORED ADR	8,142	14,640
INTEL CORP	9,381	12,694
INTERCONTINENTAL EXCHANGE INC	13,363	13,720
INTERNATIONAL BUSINESS MACHINE	9,520	14,068
JOHNSON & JOHNSON	40,291	53,489
JP MORGAN CHASE & CO	49,771	71,462
KIMBERLY CLARK CORP	10,393	16,714
KLA TENCOR CORP	9,699	13,085
KOMATSU LTD.	9,404	9,776
KUBOTA CORPORATION	8,099	16,386
LAFARGE ADS	23,260	15,800
LAM RESEARCH CORP	20,097	22,216
LAS VEGAS SANDS CORP	12,695	17,194
LENNAR CORP	6,138	14,835
LIBERTY GLOBAL INC	7,050	9,078
LINKEDIN CORPORATION	4,327	4,120
LOWES COMPANIES INC.	20,138	22,446
LVMH MOET HENN UNSP	10,984	13,322
MACY'S INC	9,565	15,806
MARKS & SPENCER GRP ADR	8,769	10,733
MARSH AND MCLENNAN COMPANIES I	5,875	8,415
MASTERCARD INC	19,581	33,418
MCKESSON CORP	6,373	13,235
MEDTRONIC INC	16,205	23,817
MERCK & CO INC.	14,528	15,866
METLIFE INC.	7,772	10,838
MICROSOFT CORPORATION	30,600	40,291
MITSUBISHI CORP SPON	19,363	16,640
MITSUBISHI ESTATE CO ADR	10,591	17,300
MONDELEZ INTERNATIONAL INC	13,448	19,168
MONSANTO CO	9,065	15,152
MYLAN INC.	6,628	13,845
NABORS INDUSTRIES LTD	11,711	8,104
NESTLE S.A.	14,169	24,873
NETAPP, INC.	10,370	12,918
NEWS CORP LTD CL A	6,490	8,415
NIDEC CORPORATION ADR	4,956	7,537
NITTO DENKO ADR	14,148	9,918
NOVARTIS AG ADR	13,792	21,703
NOVO NORDISK A S	6,820	7,390
O'REILLY AUTOMOTIVE INC.	8,974	12,485
ORACLE CORP	16,375	23,913
PENTAIR INC. COM	5,545	9,864
PEPSICO INC	27,208	33,425
PETSMART INC. COM	7,981	13,241
PFIZER INC.	39,674	59,728
PING AN INSURANCE	7,708	8,781
PPG INDUSTRIES INC	17,706	46,277
PRECISION CASTPARTS	11,455	17,505
PRICELINE.COM INCORPORATED	8,459	13,949
PROCTER GAMBLE CO	12,363	16,282
PRUDENTIAL PLC SC	8,512	21,330
PULTE GROUP INC.	13,919	14,789
QUALCOMM INC	10,328	14,108
RAYTHEON CO.	13,508	23,582
REGENERON PHARMACEUTICALS, INC	4,110	3,853
RIO TINTO PLC SPONSORED ADR	23,773	26,240
ROCHE HOLDING LTD ADR	14,860	23,166
ROCKWELL AUTOMATION INC	11,641	14,061
ROYAL DUTCH SHELL PLC	26,830	30,218
SALESFORCE.COM	3,699	3,974
SANDISK CORP	11,101	13,262
SANOFI-AVENTIS SPONSORED ADR	15,148	19,789
SAP AKTIENGESELL ADS	12,665	21,088
SCHLUMBERGER LTD	22,199	27,574
SCHNEIDER ELEC UNSP/ADR	11,885	12,303
SCRIPPS NETWORKS INT	9,688	14,258
SEALED AIR CP	9,520	15,765
SHIN-ETSU CHEMICAL C	12,677	13,490
SIEMENS A G ADR	14,831	19,253
SKYWORKS SOLUTIONS, INC	11,166	14,623
SLM CORP	8,856	12,693
STARWOOD HOTELS & RESORTS	22,248	24,788
STATE STREET CORPORATION	14,555	26,053
SYMANTEC CORP	9,431	12,120
SYNOPSYS, INC.	11,323	13,794
TAIWAN SEMICONDUCTOR MFG CO LT	5,062	8,441
TE CONNECTIVITY LTD	20,145	31,743
TECHNIP ADS	9,617	8,904
TEREX CORP	10,592	20,071
TESCO PLC S ADR	15,472	11,131
TEVA PHARMECEUTICAL SP ADR	12,054	10,741
TEXAS INSTRUMENTS INC.	7,594	8,431
TEXTRON INC.	14,969	25,217
THERMO FISHER SCIENTIFIC INC	2,882	5,790
TIME WARNER INC.	5,208	11,504
TJX COMPANIES INC	12,321	17,972
TOYOTA MTR CORP	19,689	25,847
TRAVELERS COMPANIES INC (THE)	30,766	55,048
TULLOW OIL PLC 899415202	8,320	6,043
TWENTY-FIRST CENTURY, FOX INC	10,777	23,353
TYCO INTERNATIONAL LTD.	15,059	23,598
UNILEVER N V N Y	10,632	14,603
UNION PACIFIC	10,604	25,536
UNITED PARCEL SERVICE	11,685	17,443
UNITED TECHNOLOGIES CORP	29,835	41,765
VALERO ENERGY CORP	5,436	14,414
VERIZON COMMUNICATIONS	11,856	11,400
VISA INC	15,629	30,062
VODAFONE GROUP PLC	21,361	30,858
VOLKSWAGEN AG	8,085	20,488
WAL-MART STORES INC.	12,046	19,673
WALT DISNEY HOLDINGS CO.	26,476	48,667
WASTE MANAGEMENT INC.	10,057	13,685
WELLPOINT INC	6,236	7,206
WELLS FARGO & CO.	4,901	9,307
WESTERN DIGITAL CORP	13,404	31,379
WPP GROUP PLC	5,994	15,391
WYNN MACAU	6,831	8,050
YAHOO! INC	7,870	8,492
ZURICH INSURANCE GROUP AG	9,804	11,785

- TIN:

TY 2013 InvestmentsGovtObligationsSch

Name:

Muna & Basem Hishmeh Foundation Inc

EIN: 65-1270242

US Government Securities - End of Year Book Value:

200,278

US Government Securities - End of Year Fair Market Value:

197,333

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

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

- TIN:

TY 2013 InvestmentsLandSchedule2

Name:

Muna & Basem Hishmeh Foundation Inc

EIN: 65-1270242

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value

- TIN:

TY 2013 LandEtcSchedule2

Name:

Muna & Basem Hishmeh Foundation Inc

EIN: 65-1270242

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value

- TIN:

TY 2013 OtherExpensesSchedule

Name:

Muna & Basem Hishmeh Foundation Inc

EIN: 65-1270242

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Administrative Fees	26,080			26,080
Bank Charges	1,004	1,004

- TIN:

TY 2013 OtherIncomeSchedule2

Name:

Muna & Basem Hishmeh Foundation Inc

EIN: 65-1270242

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
Federal Tax Refunds	1,140

- TIN:

TY 2013 OtherProfessionalFeesSchedule

Name:

Muna & Basem Hishmeh Foundation Inc

EIN: 65-1270242

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
Investment Management Services	84,604	84,604

- TIN:

TY 2013 TaxesSchedule

Name:

Muna & Basem Hishmeh Foundation Inc

EIN: 65-1270242

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
990-PF Estimated Tax for 2013	200
Foreign Tax Paid	3,253	3,253