Form990-PF

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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2014
Open to Public Inspection
For calendar year 2014, or tax year beginning 2014, and ending , 20
Name of foundation
THE LESTER M AND SALLY ENTIN FOUNDATION
C/O MARC J LENNER

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1700   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LIVINGSTON, NJ070397300
A Employer identification number

65-0758118
B Telephone number (see instructions)

(973) 773-1010
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$8,424,798J 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)..............  
2 Check bullet
Sch. B ...............
3 Interest on savings and temporary cash investments 1 1  
4 Dividends and interest from securities...... 142,213 142,213  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 556,760
b Gross sales price for all assets on line 6a 3,003,289
7 Capital gain net income (from Part IV, line 2)... 556,760
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........ 698,974 698,974  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 80,000 40,000   40,000
14 Other employee salaries and wages...... 50,000 25,000   25,000
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest............... 98 98   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 34,940 28,899   6,041
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 45,176 23,292   21,884
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 210,214 117,289   92,925
25 Contributions, gifts, grants paid........ 369,040 369,040
26 Total expenses and disbursements. Add lines 24 and 25 579,254 117,289   461,965
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 119,720
b Net investment income (if negative, enter -0-) 581,685
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2014)
Form 990-PF (2014)
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.......... 103,444 51,380 51,380
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...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........ 7,447,809 Click to see attachment7,621,824 8,270,036
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 bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment105,363 Click to see attachment103,382 Click to see attachment103,382
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,656,616 7,776,586 8,424,798
Liabilities 17 Accounts payable and accrued expenses.......... 83 333
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).......... 83 333
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted...................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 7,656,533 7,776,253
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)...... 7,656,533 7,776,253
31 Total liabilities and net assets/fund balances (see instructions).. 7,656,616 7,776,586
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 7,656,533
2 Enter amount from Part I, line 27a..................... 2 119,720
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 7,776,253
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 7,776,253
Form 990-PF (2014)
Form 990-PF (2014)
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 4360.465 - JP MORGAN LATIN AMERICA P 2013-02-01 2014-01-07
b 67.734 - TEMPLETON CHINA WORLD FUND P 2013-12-24 2014-02-28
c 211.415 - TEMPLETON CHINA WORLD FUND P 2013-12-24 2014-02-28
d 22125.633 - MSCI LATIN AMERICAN EQUIY FD P 2013-10-07 2014-07-21
e 189.795- MSCI LATIN AMERICAN EQUITY FD P 2013-12-18 2014-07-21
367.281SHS TEMPLETON FOREIGN SM CAP P 2013-12-18 2014-10-22
864.315- FAIRHOLME FUNDS P 2013-12-30 2014-10-29
68.575- VOYA CORPORATE LEADERS TRUST P 2014-01-02 2014-10-29
157.362 VOYA CORPORATE LEADERS TRUST P 2014-07-01 2014-10-29
5198.488- VOYA CORPORATE LEADERS TRUST P 2013-02-01 2014-02-26
2457- ISGARES MSCI INDIA INDEX P 2013-02-01 2014-02-26
2647- ISHARES MSCI CHINA INDEX P 2013-02-01 2014-02-28
2931- ISHARES INDIA NIFTY 50 INDEX P 2013-02-11 2014-02-28
12091.898- OAKMARK GLOBAL SELECT FUND P 2013-02-11 2014-02-28
4893.565- FAIRHOLME FUNDS P 2008-10-24 2014-02-28
3517.296- FIDELITY ADVISOR EMERGING ASIA FUND P 2009-10-08 2014-02-28
20.362- FIDELITY ADVISOR EMERGING ASIA FUND P 2009-12-07 2014-02-28
37.643- FIDELITY ADVISOR EMERGING ASIA FUND P 2009-12-07 2014-02-28
143.428- FIDELITY ADVISOR EMERGING ASIA FUND P 2010-12-06 2014-02-28
1310.748- EATON VANCE ATLANTA SMID CAP FUND P 2009-10-08 2014-02-28
227.529- EATON VANCE ATLANTA SMID CAP FUND P 2010-12-23 2014-02-28
108.275- EATON VANCE ATLANTA SMID CAP FUND P 2010-12-23 2014-02-28
2189.442- EATON VANCE ATLANTA SMID CAP FUND P 2011-06-17 2014-02-28
4982.348- EATON VANCE ATLANTA SMID CAP FUND P 2011-06-28 2014-02-28
39.945- TEMPLETON CHINA WORLD FUND P 2011-06-17 2014-02-28
2148.079- TEMPLETON CHINA WORLD FUND P 2011-06-28 2014-02-28
2065.459- TEMPLETON CHINA WORLD FUND P 2011-07-13 2014-02-28
56.959 TEMPLETON CHINA WORLD FUND P 2011-12-20 2014-02-28
5.586- TEMPLETON CHINA WORLD FUND P 2011-12-20 2014-02-28
66.659- TEMPLETON CHINA WORLD FUND P 2011-12-20 2014-02-28
128.315- TEMPLETON CHINA WORLD FUND P 2012-12-19 2014-02-28
35.757- TEMPLETON CHINA WORLD FUND P 2012-12-24 2014-02-28
1360- ISHARES MCI INDIA INDEX P 2013-02-01 2014-06-26
1398- ISHARES S&P INDIA NIFTY 50 INDEX P 2013-02-11 2014-06-26
9235.029- TEMPLETON FOREIGN SM CAP P 2009-10-08 2014-10-22
306.910- TEMPLETON FOREIGN SM CAP P 2009-10-08 2014-10-22
27.739- TEMPLETON FOREIGN SM CAP P 2009-12-17 2014-10-22
57.888- TEMPLETON FOREIGN SM CAP P 2010-05-11 2014-10-22
47.071- TEMPLETON FOREIGN SM CAP P 2010-12-17 2014-10-22
2532.527- TEMPLETON FOREIGN SM CAP P 2011-07-13 2014-10-22
157.819- TEMPLETON FOREIGN SM CAP P 2011-12-19 2014-10-22
224.535 TEMPLETON FOREIGN SM CAP P 2012-12-19 2014-10-22
660.940- TEMPLETON FOREIGN SM CAP P 2013-02-01 2014-10-22
11776.433- TEMPLETON FOREIGN SM CAP P 2013-09-25 2014-10-22
23844.708- OAKMARK GLOBAL SELECT FUND P 2013-02-11 2014-10-29
3688.377- FAIRHOLME FUNDS P 2008-10-24 2014-10-29
49.422- FAIRHOLME FUNDS P 2008-12-19 2014-10-29
203.205- FAIRHOLME FUNDS P 2008-12-19 2014-10-29
91.080- FAIRHOLME FUNDS P 2009-12-17 2014-10-29
507.303- FAIRHOLME FUNDS P 2010-12-17 2014-10-29
93.976- FAIRHOLME FUNDS P 2010-12-17 2014-10-29
22.890 FAIRHOLME FUNDS P 2011-01-03 2014-10-29
379.881- FAIRHOLME FUNDS P 2011-12-19 2014-10-29
3022.233-VOYA CORPORATE LEADERS TRUST P 2013-02-01 2014-10-29
64.763- VOYA CORPORATE LEADERS TRUST P 2013-07-01 2014-10-29
VOYA CORPORATE LEADERS -RET OF PRIN P    
CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 75,000   90,523 -15,523
b 2,290   2,380 -90
c 7,148   7,429 -281
d 208,866   209,679 -813
e 1,792   1,799 -7
5,921   6,394 -473
32,170   33,725 -1,555
2,227   2,175 52
5,110   5,029 81
165,000   138,488 26,512
59,999   66,929 -6,930
120,013   132,243 -12,230
68,028   73,333 -5,305
200,000   166,022 33,978
200,000   108,882 91,118
104,042   94,580 9,462
602   575 27
1,113   1,063 50
4,243   4,548 -305
29,728   14,798 14,930
5,160   3,288 1,872
2,456   1,565 891
49,656   32,820 16,836
113,000   74,685 38,315
1,317   1,528 -211
72,627   84,269 -11,642
69,833   83,775 -13,942
1,925   1,905 20
189   187 2
2,254   2,229 25
4,338   4,960 -622
1,208   1,382 -174
39,793   37,046 2,747
39,982   34,978 5,004
148,869   121,071 27,798
4,947   4,048 899
447   363 84
933   750 183
759   745 14
40,824   41,888 -1,064
2,544   1,936 608
3,619   3,305 314
10,654   10,542 112
189,836   206,676 -16,840
392,007   327,388 64,619
137,207   82,022 55,185
1,839   1,044 795
7,563   4,292 3,271
3,390   2,707 683
18,882   17,269 1,613
3,498   3,199 299
852   814 38
14,139   8,920 5,219
98,132   80,512 17,620
2,103   1,827 276
4,251     4,251
218,964     218,964
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       -15,523
b       -90
c       -281
d       -813
e       -7
      -473
      -1,555
      52
      81
      26,512
      -6,930
      -12,230
      -5,305
      33,978
      91,118
      9,462
      27
      50
      -305
      14,930
      1,872
      891
      16,836
      38,315
      -211
      -11,642
      -13,942
      20
      2
      25
      -622
      -174
      2,747
      5,004
      27,798
      899
      84
      183
      14
      -1,064
      608
      314
      112
      -16,840
      64,619
      55,185
      795
      3,271
      683
      1,613
      299
      38
      5,219
      17,620
      276
      4,251
      218,964
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 2 556,760
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see 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))
2013 441,281 7,776,184 0.056748
2012 416,326 7,692,594 0.054120
2011 327,950 8,186,523 0.040060
2010 337,205 6,090,103 0.055369
2009 445,909 7,007,390 0.063634
2 Total of line 1, column (d) ...................... 2 0.269931
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 0.053986
4 Enter the net value of noncharitable-use assets for 2014 from Part X, line 5..... 4 8,413,332
5 Multiply line 4 by line 3....................... 5 454,202
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 5,817
7 Add lines 5 and 6......................... 7 460,019
8 Enter qualifying distributions from Part XII, line 4.............. 8 461,965
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 (2014)
Form 990-PF (2014)
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 5,817
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 0
3 Add lines 1 and 2........................... 3 5,817
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,817
6 Credits/Payments:
a 2014 estimated tax payments and 2013 overpayment credited to 2014 6a 13,631
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 13,631
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 7,814
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet6,000 RefundedBullet 11 1,814
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 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ, DE
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
     
    No
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE LESTER M & SALLY ENTIN FOUNDAT Telephone no.bullet (973) 773-1010
    Located atbulletPO BOX 1700LIVINGSTONNJ ZIP+4bullet070397300
    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 2014, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 6
    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 instructions)? ........
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2014?.............
    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 2014, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2014?...............
    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
     
     
    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 2014 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 2014.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?
    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 4945(d)(4)(A)? (see instructions)..................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.......................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 7
    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
    MARC J LENNER PRES., TREAS. AND DIRECTOR
    5.00     		40,000 17,500 0
    36 GREAT HILLS TERRACE
    SHORT HILLS,NJ07078
    ROBERT A HOBERMAN VP, SECT'Y AND DIRECTOR
    5.00     		40,000 23,000 0
    1325 HARBOR ROAD
    HEWLETT HARBOR,NY11557
    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 0
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    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 (2014)
    Form 990-PF (2014)
    Page 8
    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 instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    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
    8,376,827
    b
    Average of monthly cash balances.......................
    1b
    164,627
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,541,454
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    8,541,454
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    128,122
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,413,332
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    420,667
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    420,667
    2a
    Tax on investment income for 2014 from Part VI, line 5......
    2a
    5,817
    b
    Income tax for 2014. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,817
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    414,850
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    414,850
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    414,850
    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
    461,965
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    461,965
    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
    5,817
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    456,148
    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 (2014)
    Form 990-PF (2014)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2013     		(c)
    2013     		(d)
    2014
    1 Distributable amount for 2014 from Part XI, line 7 414,850
    2 Undistributed income, if any, as of the end of 2014:
    a Enter amount for 2013 only....... 280,820
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2014:
    a From 2009.......  
    b From 2010.......  
    c From 2011.......  
    d From 2012.......  
    e From 2013.......  
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2014 from Part
    XII, line 4: bullet$ 461,965
    a Applied to 2013, but not more than line 2a 280,820
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2014 distributable amount..... 181,145
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2014. 0 0
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2013. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2014. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		233,705
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2009 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2015.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2010....  
    b Excess from 2011....  
    c Excess from 2012....  
    d Excess from 2013....  
    e Excess from 2014....  
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 10
    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 2014, 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) 2014 (b) 2013 (c) 2012 (d) 2011
             
    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 or email address 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 (2014)
    Form 990-PF (2014)
    Page 11
    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
    ALZHEIMER'S ASSOCIATION
    400 MORRIS AVE STE 251
    DENVILLE,NJ07834     		  EXEMPT DONATIONDONATION 3,000
    AMERICAN CANCER SOCIETY
    132 W 32 STREET
    NEW YORK,NY10001     		  EXEMPT DONATION 500
    AMERICAN CANCER SOCIETY
    20 MERCER ST
    HACKENSACK,NJ07601     		  EXEMPT DONATION 250
    AMERICAN HERITIAGE ATHLETIC ASSOC
    6200 LINTON BLVD
    DELRAY BEACH,NJ33484     		  EXEMPT DONATION 500
    AMERICAN HERITAGE PTO
    6200 LINTON BLVD
    DELRAY BEACH,NJ33484     		  EXEMPT DONATIONDONATION 370
    BANYAN SCHOOL
    12 HOLLYWOOD AVE
    FAIRFIELD,NJ07004     		  EXEMPT DONATION 1,000
    BOYS AND GIRLS CLUB OF HAWTHORNE
    150 MAITLAND AVE
    HAWTHORNE,NJ07506     		  EXEMPT DONATION 500
    CCFA
    386 PARK AVE SOUTH 17TH FLOOR
    NEW YORK,NY10016     		  EXEMPT DONATION 15,000
    CROHNS & COLITIS FOUNDATIOM
    386 PARK AVE SOUTH 17TH FLOOR
    NEW YORK,NY10016     		  EXEMPT DONATION 1,000
    CENTER FOR THE HEARING AND COMMUNICATION
    50 BROADWAY 6TH FLOOR
    NEW YORK,NY10004     		  EXEMPT DONATION 2,500
    CJM
    C/O J GACCIONE 113 ORONO ST
    CLIFTON,NJ07013     		  EXEMPT DONATION 1,500
    CLAY ART CENTER
    40 BEECH STREET
    PORT CHESTER,NY10573     		  EXEMPT DONATION 250
    COLIN'S KIDS INC
    PO BOX 472
    RIDGEFIELD,CT06877     		  EXEMPT DONATION 1,000
    CONGREGATION B'NAI JESHURUN
    1025 SOUTH ORANGE AVE
    SHORT HILLS,NJ07078     		  EXEMPT DONATION 10,000
    CURE BREAST CANCER FOUNDATION
    1122 CLIFTON AVE
    CLIFTON,NJ07013     		  EXEMPT DONATION 50,000
    CYSTIC FIBROSIS FOUNDATION
    6931 ARLINGTON ROAD 2ND FLOOR
    BETHESDA,MD20814     		  EXEMPT DONATION 500
    DAUGHTERS OF ISRAEL
    1155 PLEASANT VALLEY
    WEST ORANGE,NJ070521498     		  EXEMPT DONATION 5,000
    DAUGHTER OF MIRIAM FOUNDATION
    155 HAZEL ST
    CLIFTON,NJ07011     		  EXEMPT DONATION 1,050
    EARLY CHILDOOD HEARING OPTIONS
    1120 NW 14TH STREET CRB 583D-48
    MIAMI,FL33136     		  EXEMPT DONATION 25,000
    EDUCATION FOUNDATION OF MILLBURN-SHORT HILLS
    25 SARATOGA WAY
    SHORT HILLS,NJ07078     		  EXEMPT DONATION 2,500
    ERFD TRUCK COMPANY I
    50 HERMAN ST
    EAST RUTHERFORD,NJ07073     		  EXEMPT DONATION 1,000
    FARE
    515 MADISON AVE SUITE 1912
    NEW YORK,NY100225403     		  EXEMPT DONATION 15,000
    FATHER'S HEART MINISTRY
    720 SUMMIT AVE
    HACKENSACK,NJ07601     		  EXEMPT DONATION 500
    FOOD ALLERGY INIATIVE
    515 MADISON AVE SUITE 1912
    NEW YORK,NY100225403     		  EXEMPT DONATION 100,000
    FRIENDS OF FOSTER CARE
    246 GOLDEN GATE PARKWAY SUITE 112
    NAPLES,FL34105     		  EXEMPT DONATION 1,230
    FRIENDS OF FOSTER CHILDREN
    1645 W MISSOURI AVE 220
    PHOENIX,AZ10530     		  EXEMPT DONATION 1,080
    HOSPICE OF PALM BEACH COUNTY FOUNDATION
    5300 EAST AVENUE
    WEST PALM BEACH,FL334072270     		  EXEMPT DONATION 5,000
    ISRAEL CONGREGATION OF MANCHESTER
    6025 MAIN STREET PO BOX 1050
    MANCHESTER CTR,VT05255     		  EXEMPT DONATION 10,000
    JCC OF SHERMAN CT
    PO BOX 282
    SHERMAN,CT06784     		  EXEMPT DONATION 5,000
    JEWISH FAMILY SERVICES
    925 ALLWOOD RD
    CLIFTON,NJ07012     		  EXEMPT DONATION 5,360
    LAKE HOPTACONG ELKS
    201 HOWARD BLVD
    MOUNT ARLINGTON,NJ078561306     		  EXEMPT DONATION 500
    LUNG CANCER RESEARCH FOUNDATION
    845 THIRD AVE 6TH FLOOR
    NEW YORK,NY10022     		  EXEMPT DONATION 2,000
    MAINE ALLIANCE FOR ART EDUCATION
    PO BOX 872
    AUGUSTA,ME043320872     		  EXEMPT DONATION 500
    MAKE SOME NOISE CURE KIDS CANCER FOUNDATION INC
    PO BOX 9210
    MORRISTOWN,NJ079639210     		  EXEMPT DONATION 500
    MILBURN FOREMAN'S WELFARE ASSN
    PO BOX 25
    MILLBURN,NJ070410025     		  EXEMPT DONATION 100
    MONTVILLE UNICO FOUNDATION
    C/O S PRIOLA 27 LOUIS DRIVE
    MONTVILLE,NJ07045     		  EXEMPT DONATION 500
    MUHLENBERG COLLEGE
    2400 CHEW STREET
    ALLENTOWN,PA181045586     		  EXEMPT DONATION 5,000
    NATIONAL KIDNEY FOUNDATION INC
    30 EAST 33RD STREET
    NEW YORK,NY10016     		  EXEMPT DONATIONDONATION 500
    NATIONAL COUNCIL OF JEWISH WOMEN
    70 SOUTH ORANGE AVE SUITE 120
    LIVINGSTON,NJ07039     		  EXEMPT DONATION 5,000
    NJ DEVILS YOUTH HOCKEY
    560 NORTHFIELD AVE
    WEST ORANGE,NJ07052     		  EXEMPT DONATION 5,000
    PBA LOCAL #34
    435 ESSEX STREET
    MILBURN,NJ07041     		  EXEMPT DONATION 5,000
    PINE CREST SCHOOL AT BOCA RATON
    1501 NE 62ND STREET
    FORT LAUDERDALE,FL33334     		  EXEMPT DONATION 15,000
    PRIZE 4 LIFE INC
    PO BOX 425783
    CAMBRIDGE,MA02142     		  EXEMPT DONATION 5,000
    R BABY FOUNDATION
    1375 BROADWAY 3RD FLOOR
    NEW YORK,NY10018     		  EXEMPT DONATION 2,500
    SOLOMON SCHECTER SCHOOL OF WESTCHESTER
    555 WEST HARTSDALE AVE
    HARTSDALE,NY10530     		  EXEMPT DONATION 3,000
    STRAY FROM THE HEART
    PO BOX 11
    NEW YORK,NY10024     		  EXEMPT DONATION 1,000
    SUMMIT SPEECH SCHOOL
    705 CENTERAL AVE
    NEW PROVIDENCE,NJ07974     		  EXEMPT DONATION 5,000
    SUSAN B KOMEN FOR THE CURE
    PO BOX 650309
    DALLAS,TX75265     		  EXEMPT DONATION 2,500
    TEDDY BEAR FOUNDATION
    PO BOX 1220
    SUMMIT,NJ07901     		  EXEMPT DONATION 11,000
    TEMPLE B'NAI SHALOM BETH DAVID
    100 HEMPSTEAD AVE
    ROCKVILLE CENTRE,NY11570     		  EXEMPT DONATION 1,500
    THE ALZHEIMER'S ASSOC
    3333 FOREST HILL BLVD
    WEST PALM BEACH,FL33406     		  EXEMPT DONATION 3,000
    THE COMFORT PROJECT 360
    95 OLD SHORT HILLS ROAD
    WEST ORANGE,NJ07052     		  EXEMPT DONATION 5,000
    THE GOOD PEOPLE FUND
    384 WYOMING AVE
    MILLBURN,NJ07041     		  EXEMPT DONATION 100
    THE HOPE PROGRAM
    ONE SMITH ST 4TH FLOOR
    BROOKLYN,NY122015111     		  EXEMPT DONATION 750
    VIEWPOINT SCHOOL
    23620 MUHOLLAND HWY
    CALABASAS,CA91302     		  EXEMPT DONATION 8,500
    VILLAGE SCHOOL INC
    780 SWARTHMORE AVE
    PACIFIC PALISADES,CA90272     		  EXEMPT DONATION 10,000
    YESHIVA BEIT HILLEL OF PASSAIC
    270 PASSAIC AVE
    PASSSAIC,NJ07055     		  EXEMPT DONATION 5,000
    Total .................................bullet 3a 369,040
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2014)
    Form 990-PF (2014)
    Page 12
    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 ............     		    14 1  
    4 Dividends and interest from securities....     14 142,213  
    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 .............     		    14 556,760  
    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).. 0 698,974 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13698,974
    (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 (2014)
    Form 990-PF (2014)
    Page 13
    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) 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
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    Form 990-PF (2014)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2014 InvestmentsCorpBondsSchedule
    Name:
    THE LESTER M AND SALLY ENTIN FOUNDATION
    C/O MARC J LENNER
    EIN: 65-0758118
    Name of Bond End of Year Book Value End of Year Fair Market Value
    JEFFREY MATTHEWS FINANCIAL GROUP 258,794 163,086
    JEFFREY MATTHEWS FINANCIAL GROUP 7,132,843 7,808,710
    MATTHEWS 25 FUND 230,187 298,240

    TY 2014 OtherAssetsSchedule
    Name:
    THE LESTER M AND SALLY ENTIN FOUNDATION
    C/O MARC J LENNER
    EIN: 65-0758118
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DUE FROM AEQUUS TECH INC 100,000 100,000 100,000
    DIVIDED RECEIBABLES 5,363 3,382 3,382


    TY 2014 OtherExpensesSchedule
    Name:
    THE LESTER M AND SALLY ENTIN FOUNDATION
    C/O MARC J LENNER
    EIN: 65-0758118
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEES 165 165   0
    INSURANCE 610 610   0
    INVESTMENT EXPENSES 43,768 21,884   21,884
    OFFICE EXPENSES 406 406   0
    PROFESSIONAL FEES 192 192   0
    BANK CHARGE 35 35   0


    TY 2014 TaxesSchedule
    Name:
    THE LESTER M AND SALLY ENTIN FOUNDATION
    C/O MARC J LENNER
    EIN: 65-0758118
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 12,082 6,041   6,041
    FOREIGN TAXES PAID 4,947 4,947   0
    FEDERAL INCOME TAX 17,911 17,911   0