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
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
LAW FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)200 CENTRAL AVENUE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MOUNTAINSIDE, NJ07092
A Employer identification number

22-3074635
B Telephone number (see instructions)

(908) 654-7010
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$131,386,745
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 3,449,648
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 4,680,041 4,680,041  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -294,343
b Gross sales price for all assets on line 6a 22,133,559
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 7,835,346 4,680,041  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 50,600      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 148,100      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 198,700 0   0
25 Contributions, gifts, grants paid....... 6,197,300 6,197,300
26 Total expenses and disbursements. Add lines 24 and 25 6,396,000 0   6,197,300
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,439,346
b Net investment income (if negative, enter -0-) 4,680,041
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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.........      
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.......... 165,288 114,688 114,688
10a Investments—U.S. and state government obligations (attach schedule) 4,186,958 Click to see attachment3,011,236 3,188,436
b Investments—corporate stock (attach schedule)....... 11,203,491 Click to see attachment11,019,377 11,931,378
c Investments—corporate bonds (attach schedule)....... 65,393,306 Click to see attachment69,576,328 69,115,964
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 48,200,391 Click to see attachment46,867,151 47,036,279
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 129,149,434 130,588,780 131,386,745
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable..................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 129,149,434 130,588,780
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 129,149,434 130,588,780
31 Total liabilities and net assets/fund balances (see instructions). 129,149,434 130,588,780
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
129,149,434
2
Enter amount from Part I, line 27a .....................
2
1,439,346
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
130,588,780
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
130,588,780
Form 990-PF (2015)
Form 990-PF (2015)
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 SEE ATTACHED GOLDMAN SACHS - 1 P    
b 250000 DOW CHEMICAL 3.1 22 P 2012-12-10 2015-12-15
c SEE ATTACHED GOLDMAN SACHS - 2 P    
d 91529 GNMA 94 BY P 2009-01-08 2015-12-31
e SEE ATTACHED GOLDMAN SACHS - 3 P    
86221 GNMA 15 NA P 2009-05-12 2015-12-31
SEE ATTACHED GOLDMAN SACHS - 4 P    
849750 GNMA 12 CN P 2009-05-12 2015-12-31
SEE ATTACHED GOLDMAN SACHS - 5 P    
GNMA 31 MA P 2009-06-04 2015-05-31
SEE ATTACHED GOLDMAN SACHS - 6 P    
SEE ATTACHED GOLDMAN SACHS - 7 P    
SEE ATTACHED GOLDMAN SACHS - 8 P    
SEE ATTACHED GOLDMAN SACHS - 9 P    
SEE ATTACHED GOLDMAN SACHS - 10 P    
SEE ATTACHED GOLDMAN SACHS - 11 P    
200000 MAYTAG 5 15 P 2005-04-07 2015-05-15
200000 GEORGIA PACIFIC 7.7 15 P 2002-05-21 2015-06-15
200000 JP MORGAN CHASE P 2004-06-04 2015-07-15
250000 AMB PROPERTY 4.5 17 P 2010-09-15 2015-12-02
(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 53,420   50,361 3,059
b 250,000   250,000  
c 144,056   142,238 1,818
d 91,529   94,687 -3,158
e 64,115   66,333 -2,218
86,221   90,209 -3,988
3,670,201   3,869,536 -199,335
849,750   886,926 -37,176
1,640,656   1,635,356 5,300
100,508   103,900 -3,392
6,550,149   6,501,479 48,670
1,954,906   1,860,434 94,472
1,223,201   1,187,643 35,558
665,656   676,939 -11,283
1,844,963   1,969,207 -124,244
2,080,099   2,185,716 -105,617
200,000   200,000  
200,000   200,000  
200,000   200,000  
264,129   256,938 7,191
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       3,059
b        
c       1,818
d       -3,158
e       -2,218
      -3,988
      -199,335
      -37,176
      5,300
      -3,392
      48,670
      94,472
      35,558
      -11,283
      -124,244
      -105,617
       
       
       
      7,191
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 -294,343
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 -34,914
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))
2014 5,526,095 124,802,760 0.044279
2013 5,459,633 116,710,816 0.046779
2012 4,670,500 108,281,880 0.043133
2011 4,032,675 96,199,647 0.041920
2010 3,375,260 82,356,546 0.040984
2
Total of line 1, column (d) .....................
20.217095
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
0.043419
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
130,616,474
5
Multiply line 4 by line 3......................
5
5,671,237
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
46,800
7
Add lines 5 and 6........................
7
5,718,037
8
Enter qualifying distributions from Part XII, line 4.............
8
6,197,300
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 46,800
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 46,800
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 46,800
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 165,288
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.............. 7 165,288
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 10 118,488
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet118,488 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions
for definition)?.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ
    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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletNEIDICH AND COMPANY Telephone no.bullet (908) 654-7010

    Located atbullet200 CENTRAL AVENUEMOUNTAINSIDENJ ZIP+4bullet070921961
    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 2015, 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  
    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 2015?.............
    1c
     
     
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 2015 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 2015.)..................
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    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
    LEONARD WILF TRUSTEE/PRES
    0.10
    0 0 0
    820 MORRIS TPK
    SHORT HILLS,NJ07078
    BETH WILF TRUSTEE/SEC
    0.10
    0 0 0
    820 MORRIS TPK
    SHORT HILLS,NJ07078
    ORIN WILF TRUSTEE/VP
    0.10
    0 0 0
    820 MORRIS TPK
    SHORT HILLS,NJ07078
    ZYGMUNT WILF TRUSTEE
    0.10
    0 0 0
    820 MORRIS TPK
    SHORT HILLS,NJ07078
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    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  
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    132,490,869
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    114,688
    d
    Total (add lines 1a, b, and c).........................
    1d
    132,605,557
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    132,605,557
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,989,083
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    130,616,474
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,530,824
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    6,530,824
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    46,800
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    46,800
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,484,024
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    6,484,024
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    6,484,024
    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
    6,197,300
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    6,197,300
    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
    46,800
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,150,500
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2014
    (c)
    2014
    (d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 6,484,024
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 6,106,867
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013......  
    e From 2014......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 6,197,300
    a Applied to 2014, but not more than line 2a 6,106,867
    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 2015 distributable amount..... 90,433
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2015.    
    (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  
    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 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........
    6,393,591
    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) .......
     
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...
     
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......
     
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013....  
    d Excess from 2014....  
    e Excess from 2015....  
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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).)
    LEONARD WILF
    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 (2015)
    Form 990-PF (2015)
    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
    NEW YORK UNIVERSITY LAW SCHOOL
    110 WEST THIRD STREET
    NEW YORK,NY10012
      PUBLIC GENERAL 500,000
    UNITED JEWISH APPEALFEDERATION
    130EAST 59TH STREET
    NEW YORK,NY10022
      PUBLIC GENERAL 360,000
    FIRST TEE OF METROPOLITAN NEW YORK
    3545 JEROME AVENUE
    BRONX,NY10467
      PUBLIC GENERAL 120,000
    RIVERDALE COUNTRY SCHOOL
    5250 FIELDSTON ROAD
    BRONX,NY10471
      PUBLIC GENERAL 425,000
    SUTTON PLACE SYNAGOGUE
    225 EAST 51ST STREET
    NEW YORK,NY10022
      PUBLIC GENERAL 20,000
    ALLEN-STEVENSON SCHOOL
    132 EAST 78TH STREET
    NEW YORK,NY10021
      PUBLIC GENERAL 29,200
    JERUSALEM FOUNDATION
    420 LEXINGTON AVENUE
    NEW YORK,NY10170
      PUBLIC GENERAL 110,000
    FRIARS NATIONAL ASSOCIATION FDN
    57 E 55TH STREET
    NEW YORK,NY10022
      PUBLIC GENERAL 705,000
    NEW YORK WEILL CORNELL MEDICAL CTR
    850 THIRD AVE 12TH FL
    NEW YORK,NY10022
      PUBLIC GENERAL 260,000
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVE
    NEW YORK,NY10028
      PUBLIC GENERAL 115,000
    FOOD BANK FOR NEW YORK CITY
    39 BROADWAY 10TH FL
    NEW YORK,NY10006
      PUBLIC GENERAL 10,000
    ASPHALT GREEN
    555 EAST 90TH STREET
    NEW YORK,NY10128
      PUBLIC GENERAL 155,000
    DAUGHTERS OF MIRIAM GERIATRIC CTR
    155 HAZEL STREET
    CLIFTON,NJ07015
      PUBLIC GENERAL 5,000
    COMMUNITY FOOD BANK OF NEW JERSEY
    31 EVANS TERMINAL ROAD
    HILLSIDE,NJ07205
      PUBLIC GENERAL 10,000
    JUPITER MEDICAL CENTER
    1210 S OLD DIXIE HWY
    JUPITER,FL33458
      PUBLIC GENERAL 10,000
    CONGREGATION IMRAI KOHAIN
    721 AVENUE L
    BROOKLYN,NY11230
      PUBLIC GENERAL 10,000
    FOOD BANK OF MONMOUTH & OCEAN
    3300 ROUTE 66
    NEPTUNE,NJ07753
      PUBLIC GENERAL 10,000
    INTERFAITH FOOD PANTRY
    2 EXECUTIVE DRIVE
    MORRISTOWN,NJ07950
      PUBLIC GENERAL 10,000
    LEXINGTON INSTITUTE
    1600 WILSON BLVD STE 900
    ARLINGTON,VA22209
      PUBLIC GENERAL 10,000
    FILM SOCIETY OF LINCOLN CENTER
    70 LINCOLN CENTER PLAZA
    NEW YORK,NY10023
      PUBLIC GENERAL 10,000
    FLORIDA OCEANOGRAPHIC SOCIETY
    890 NE OCEAN BLVD
    STUART,FL34996
      PUBLIC GENERAL 1,000
    THE HUN SCHOOL OF PRINCETON
    176 EDGERSTOUNE ROAD
    PRINCETON,NJ08540
      PUBLIC GENERAL 407,500
    MISSION CONTINUES
    1141 S 7TH ST
    ST LOUIS,MO63104
      PUBLIC GENERAL 5,000
    AMERICAN NATIONAL RED CROSS
    17TH AND D STREETS NW
    WASHINGTON,DC20006
      PUBLIC GENERAL 250,000
    COLUMBIA GRAMMAR & PREPARATORY SCHO
    5 W 93RD STREET
    NEW YORK,NY10025
      PUBLIC GENERAL 25,000
    GEORGE W BUSH PRESIDENTIAL CENTER
    PO BOX 600610
    DALLAS,TX75360
      PUBLIC GENERAL 10,000
    PREP FOR PREP
    328 W 71ST STREET
    NEW YORK,NY10023
      PUBLIC GENERAL 10,000
    BIRCH WATHEN LENOX SCHOOL
    210 EAST 77TH STREET
    NEW YORK,NY10021
      PUBLIC GENERAL 2,000
    AMERICAN SOCIETY FOR YAD VASHEM
    500 FIFTH AVENUE
    NEW YORK,NY10110
      PUBLIC GENERAL 250,000
    CITY HARVEST
    6 EAST 32ND ST 5TH FL
    NEW YORK,NY10016
      PUBLIC GENERAL 175,000
    ONE MIND FOR RESEARCH
    120 LAKESIDE AVE STE200
    SEATTLE,WA98122
      PUBLIC GENERAL 275,000
    RABBINICAL COLLEGE OF AMERICA
    PO BOX 1996
    MORRISTOWN,NJ07962
      PUBLIC GENERAL 50,000
    WOUNDED WARRIOR PROJECT
    4899 BELFORT RD STE 300
    JACKSONVILLE,FL32256
      PUBLIC GENERAL 50,000
    AMERICAN JEWISH CONGRESS
    260 MADISON AVENUE
    NEW YORK,NY10016
      PUBLIC GENERAL 10,000
    BARNES FOUNDATION
    2025 BENJAMIN FRANKLIN PK
    PHILADELPHIA,PA19130
      PUBLIC GENERAL 1,000
    CENTRAL PARK CONSERVANCY
    14 EAST 60 TH STREET
    NEW YORK,NY10022
      PUBLIC GENERAL 11,600
    FDN FOR MORRISTOWN MEDICAL CENTER
    100 MADISON AVENUE
    MORRISTOWN,NJ07962
      PUBLIC GENERAL 60,000
    HAYGROUND SCHOOL INC
    PO BOX 1827
    BRIDGEHAMPTON,NY11932
      PUBLIC GENERAL 10,000
    HYDE LEADERSHIP CHARTER SCHOOL
    730 BRYANT AVENUE
    BRONX,NY10474
      PUBLIC GENERAL 10,000
    INVESTIGATIVE PROJECT ON TERRORISM
    5614 CONNECTICUT AVE NW
    WASHINGTON,DC20015
      PUBLIC GENERAL 10,000
    JACKIE ROBINSON FOUNDATION
    75 VARICK ST 2ND FL
    NEW YORK,NY10013
      PUBLIC GENERAL 10,000
    JEWISH FDN FOR THE RIGHTEOUS
    305 7TH AVE 19TH FL
    NEW YORK,NY10001
      PUBLIC GENERAL 5,000
    JEWISH LIFE FOUNDATION
    16501 VENTURA BLVF
    ENCINO,CA91436
      PUBLIC GENERAL 10,000
    NATIONAL SEPT 11 MEMORIAL & MUSEUM
    ONE LIBERTY PLAZA 20TH FL
    NEW YORK,NY10006
      PUBLIC GENERAL 2,500
    NEW YORK UNIVERSITY
    25 WEST FOURTH ST 20TH FL
    NEW YORK,NY10012
      PUBLIC GENERAL 100,000
    SELFHELP COMMUNITY SERVICES
    520 EIGHTH AVENUE
    NEW YORK,NY10018
      PUBLIC GENERAL 10,000
    SILVER SHIELD FOUNDATION
    870 UNITED NATIONS PLAZA
    NEW YORK,NY10017
      PUBLIC GENERAL 10,000
    STARKEY HEARING FOUNDATION
    6700 WASHINGTON AVE S
    EDEN PRAIRIE,MN55344
      PUBLIC GENERAL 250,000
    ALBERT EINSTEIN COLLEGE OF MEDICINE
    1300 MORRIS PARK AVENUE
    ROOM 312
    BRONX,NY10461
      PUBLIC GENERAL 500,000
    AMERICAN COMMITTEE FOR SHAARE ZEDEK
    49 WEST 45TH ST 11TH FL
    NEW YORK,NY10036
      PUBLIC GENERAL 200,000
    UNITED WAY OF GREATER UNION COUNTY
    33 WEST GRAND STREET
    ELIZABETH,NJ07202
      PUBLIC GENERAL 100,000
    NEW YORK STEM CELL FOUNDATION INC
    1995 BROADWAY STE 600
    NEW YORK,NY10023
      PUBLIC GENERAL 100,000
    PHILANTHROPY ROUNDTABLE
    1120 20TH STREET NW
    SUITE 550 SOUTH
    WASHINGTON,DC20036
      PUBLIC GENERAL 100,000
    US HOLOCAUST MEMORIAL MUSEUM
    60 EAST 42ND ST STE 2540
    NEW YORK,NY10165
      PUBLIC GENERAL 50,000
    JEWISH CHILDREN'S MUSEUM
    792 EASTERN PARKWAY
    BROOKLYN,NY11213
      PUBLIC GENERAL 35,000
    JEWISH EDUCATIONAL CENTER
    330 ELMORA AVENUE
    ELIZABETH,NJ07208
      PUBLIC GENERAL 25,000
    PARK EAST SYNAGOGUE
    163 EAST 67TH STREET
    NEW YORK,NY10065
      PUBLIC GENERAL 26,000
    CENTRAL SYNAGOGUE
    123 EAST 55TH STREET
    NEW YORK,NY10022
      PUBLIC GENERAL 25,000
    MAIN STREET COUNSELING SERVICE
    8 MARCELLA AVENUE
    WEST ORANGE,NJ07052
      PUBLIC GENERAL 20,000
    OPERATION FINALLY HOME
    1659 STATE HIGHWAY 46 W
    SUITE 11
    NEW BRAUNFELS,TX78132
      PUBLIC GENERAL 20,000
    ALZHEIMERS ASSOCIATIO
    400ORRIS AVENUE SUITE 251
    DENVILLE,NJ07834
      PUBLIC GENERAL 10,000
    JEWISH FAMILY SERVICE OF CENTRAL NJ
    655 WESTFIELD AVENUE
    ELIZABETH,NJ07208
      PUBLIC GENERAL 10,000
    GEORGE WASHINGTON UNIVERSITY
    45155 RESEARCH PLACE 155
    ASHBURN,VA20147
      PUBLIC GENERAL 10,000
    FRESH AIR FUND
    633 THIRD AVENUE
    NEW YORK,NY10017
      PUBLIC GENERAL 10,000
    CENTRAL FUND OF ISRAEL
    980 AVEOF THE AMERICAS
    3RDFLOOR
    NEW YORK,NY10018
      PUBLIC GENERAL 5,000
    CHABAD HOUSE-LUBAVITCH INC
    170 COLLEGE AVE
    NEW BRUSWICK,NJ08901
      PUBLIC GENERAL 5,000
    DRUMTHWACKET FOUNDATION INC
    354 STOCKTON ST
    PRINCETON,NJ08540
      PUBLIC GENERAL 5,000
    GEORGETOWN UNIVERSITY LAW CENTER
    3300 WHITEHAVEN ST
    SUITE 300
    WASHINGTON,DC20007
      PUBLIC GENERAL 5,000
    NEW YORK LANDMARKS CONSERVANCY INC
    1 WHITEHALL ST FL 21
    NEW YORK,NY10004
      PUBLIC GENERAL 5,000
    RUGGIERO STRONG FAMILY FOUNDATION
    9 THE POPULARS
    ROSLYN,NY11576
      PUBLIC GENERAL 5,000
    THE DOE FUND
    232 EAST 84TH STREET
    NEW YORK,NY10028
      PUBLIC GENERAL 3,500
    DAUGHTERS OF ISRAEL
    1155 PLEASANT VALLEY WAY
    WEST ORANGE,NJ07052
      PUBLIC GENERAL 3,000
    METROPOLITAN GOLF ASSOC FOUNDATION
    49 KNOLLWOOD ROAD
    ELMSFORD,NY10523
      PUBLIC GENERAL 5,000
    MV YOUTH INC
    PO BOX 65
    CHILMARK,MA02535
      PUBLIC GENERAL 2,500
    KICKED IT IN HEELS INC
    23 W 116TH STREET
    NEW YORK,NY10026
      PUBLIC GENERAL 1,000
    KIDNEY & UROLOGY FDN OF AMERICA
    152 MADISON AVENUE
    NEW YORK,NY10016
      PUBLIC GENERAL 1,000
    ARTHRITIS FOUNDATION-NY CHAPTER
    122 EAST 42ND STREET
    NEW YORK,NY10168
      PUBLI GENERAL 1,000
    LIVINGSTON SYMPHONY ORCHESTRA
    PO BOX53
    LIVINGSTON,NJ07039
      PUBLIC GENERAL 1,000
    THE PUBLIC THEATER
    425 LAFAYETTE STREET
    NEW YORK,NY10003
      PUBLIC GENERAL 1,000
    EMPOWER AFRICA INC
    2 BEEKMAN PL STE 18B
    NEW YORK,NY10022
      PUBLIC GENERAL 1,000
    92ND STREET Y
    EAST 92ND STREET
    NEW YORK,NY10128
      PUBLIC GENERAL 1,000
    GREGORY BOFF CHARITABLE FOUNDATION
    47 GREGORY AVENUE
    WEST ORANGE,NJ07052
      PUBLIC GENERAL 500
    Total .................................bullet 3a 6,197,300
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2015)
    Form 990-PF (2015)
    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 4,680,041  
    4 Dividends and interest from securities....          
    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 -294,343  
    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)..   4,385,698  
    13Total. Add line 12, columns (b), (d), and (e)..................
    134,385,698
    (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 (2015)
    Form 990-PF (2015)
    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 organizations?
    Yes
    No
    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
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    LAW FOUNDATION INC
     
    Employer identification number

    22-3074635
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    LAW FOUNDATION INC
     
    Employer identification number
    22-3074635
    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
     
     

    LEONARD WILF  
    820 MORRIS TPK
     
    SHORT HILLS, NJ07078

    $ 2,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    7
     
     

    HALLE WILF CHARITABLE TRUST II  
    200 CENTRAL AVENUE
     
    MOUNTAINSIDE, NJ07092

    $ 8,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    13
     
     

    ALEX H WILF CHARITABLE TRUST  
    200 CENTRAL AVENUE
     
    MOUNTAINSIDE, NJ07092

    $ 12,000


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

    JUDITH WILF CHARITABLE LEAD TRUST  
    200 CENTRAL AVENUE
     
    MOUNTAINSIDE, NJ07092

    $ 108,023


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    8
     
     

    HARRISON WILF CHARITABLE TRUST  
    200 CENTRAL AVENUE
     
    MOUNTAINSIDE, NJ07092

    $ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    3
     
     

    JUDITH WILF 1999 CHAIRABLE LEAD TRU  
    200 CENTRAL AVENUE
     
    MOUNTAINSIDE, NJ07092

    $ 270,053


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Name of organization
    LAW FOUNDATION INC
     
    Employer identification number
    22-3074635
    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
    9
     
     

    JENNA WILF CHARITABLE TRUST  
    200 CENTRAL AVENUE
     
    MOUNTAINSIDE, NJ07092

    $ 10,000


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

    JUDITH WILF 2000 CHARITABLE LEAD TR  
    200 CENTRAL AVENUE
     
    MOUNTAINSIDE, NJ07092

    $ 265,573


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    10
     
     

    JUDITH WILF 2002 CHARITABLE LEAD TR  
    200 CENTRAL AVENUE
     
    MOUNTAINSIDE, NJ07092

    $ 218,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    5
     
     

    JUDITH WILF 2001 CHARITABLE LEAD TR  
    200 CENTRAL AVENUE
     
    MOUNTAINSIDE, NJ07092

    $ 275,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    11
     
     

    JUDITH WILF 2003 CHARITABLE LEAD TR  
    200 CENTRAL AVENUE
     
    MOUNTAINSIDE, NJ07092

    $ 255,999


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    6
     
     

    HALLE WILF CHARITABLE TRUST  
    200 CENTRAL AVENUE
     
    MOUNTAINSIDE, NJ07092

    $ 5,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Name of organization
    LAW FOUNDATION INC
     
    Employer identification number
    22-3074635
    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
    12
     
     

    HARLEY RYAN WILF CHARITABLE TRUST  
    200 CENTRAL AVENEUE
     
    MOUNTAINSIDE, NJ07092

    $ 12,000


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

       
     
     

    $  


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

       
     
     

    $  


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

       
     
     

    $  


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

       
     
     

    $  


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

       
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    LAW FOUNDATION INC
     
    Employer identification number

    22-3074635
    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) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    LAW FOUNDATION INC
     
    Employer identification number

    22-3074635
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 InvestmentsCorpBondsSchedule
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AFLAC INC 3.625 24 264,623 254,430
    AMERICAN EXPRESS CO 3.625 24 250,498 244,670
    ANHEUSER-BUSCH INBEV 3.7 24 261,208 255,053
    BANK OF NEW YORK MELLON 3.65 24 269,565 259,580
    BURLINGTON NORTH SANTE FE 3.85 23 272,115 259,658
    CBS CORP 3.5 25 255,265 238,333
    CIGNA CORP 3.25 25 249,555 245,318
    CISCO SYSTEMS INC 3.5 25 258,515 257,193
    COCA-COLA CO 3.2 23 258,605 258,670
    COLGATE-PALMOLIVE CO 3.25 24 260,830 259,878
    FEDEX CORP 4.0 24 265,213 260,920
    JPMORGAN CHASE & CO 3.125 25 249,890 243,200
    JPMORGAN CHASE & CO 3.125 25 243,475 243,200
    METLIFE INC 3.6 24 267,843 256,500
    PFIZER INC 3.4 24 257,533 256,483
    PHILIP MORRIS INTL INC 3.6 23 268,573 260,530
    PRIDENTIAL FINANCIAL INC 3.5 24 260,888 251,038
    PROCTER & GAMBLE 3.1 23 258,943 260,635
    WALMART STORES INC 3.3 24 267,248 257,980
    WELLS FARGO & CO 3.3 24 258,980 248,705
    APPLE INC 3.45 24 103,832 103,594
    AMGEN 5.85 17 104,293 105,746
    BANK OF NEW YORK MELLON 3.95 25 107,607 104,900
    AMERICAN EXPRESS 2.75 15 116,490 110,899
    XEROX CORPORATION 4.25 15    
    TIME WARNER CABLE 5.85 17 136,640 130,766
    JP MORGAN CHASE 4.95 20 156,865 162,650
    AETNA LIFE 7.25 168,548 244,610
    VERIZON MARYLAND 5.125 33 170,776 197,898
    MAYTAG 5 15    
    TIME WARNER CABLE INC 6.75 18 183,695 163,658
    FORD MOTOR GLOBAL BONDS 6.625 28 185,506 230,922
    GEORGIA PACIFIC 7.7    
    FORD MOTOR 7.45 31 187,744 246,802
    MERRILL LYNCH 634 17 187,997 214,240
    CITIZENS UTILITIES 7 25 190,890 156,000
    MORGAN STANLEY 6.25 17 191,512 214,144
    BEAR STEARNS 6.4 17 191,641 215,386
    KERR MCGEE 197,670 214,860
    FORD MOTOR CREDIT 8 16 198,255 211,424
    TIME WARNER 6.95 28 198,891 237,196
    CVS CARMARK 4.125 21 199,476 211,568
    FRANKLIN RESOURCES 4.625 20 199,778 216,180
    AMERICAN GENERAL FINANCE 6.9 17 199,780 207,000
    JP MORGAN CHASE 6.1 24    
    MBIA INC 6.4 200,000 196,000
    NM SLM CORP 5.75 29 200,000 120,102
    MOTOROLA 6.5 25 200,005 207,928
    GOLDMAN SACHS CAPITAL I 6.345 34 202,345 233,978
    BERKSHIRE HATHAWAY FIN CORP 1.6 17 202,850 201,308
    ARCEMITTAL 5.25 20 203,017 159,750
    WASTE MANAGEMENT 4.6 21 203,641 215,716
    TYSON FOODS 7 28 204,566 218,072
    GTE NORTH 6.73 28 206,683 141,480
    COX COMMUNICAIONS SR. NOTES 6.85 18 209,965 213,572
    CLOROX COMPANY 3.8 21 210,639 208,340
    PHILIP MORRIS 212,377 235,766
    VERIZON FLORIDA 6.86 28 214,799 189,282
    AMGEN INC 4.1 21 215,305 210,632
    GTE CORP 6.94 28 215,506 236,668
    PPG INDUSTRIES 3.6 20 230,933 256,743
    PEPSICO 3.125 20 233,963 258,843
    HEWLETT-PACKARD 3.75 20 244,093 248,060
    BRISTOL-MYERS SQUIBB CO 2 22 244,450 242,530
    NUCOR 4.125 22 245,665 254,390
    KIMBERLY-CLARK 3.625 20 245,817 264,548
    BERKSHIRE HATHAWAY 4.25 21 247,464 272,683
    TOTAL CAPITAL 4.125 21 247,470 269,468
    PITNEY BOWES 4.75 18 247,674 261,715
    MERCK 3.875 21 247,985 268,015
    TARGET 3.875 20 248,556 268,623
    ESTEE LAUDER CO INC 2.35 22 248,700 241,988
    FREEPORT-MCMORAN 3.55 22 249,181 145,000
    GE CAPITAL CORP 2.95 16 249,515 251,645
    TEVA PHARMACEUTICALS 3 15    
    ALTRIA GROUP INC 2.85 22 249,694 243,720
    WALT DISNEY COMPANY 2.55 22 249,990 251,605
    CITGROUP 5.5 17 250,000 258,365
    FORD MOTOR CREDIT COMPANY LLC 2.597 250,000 245,460
    NY STATE DORM AUTH 5.192 24 250,000 287,378
    STATE OF UTAH 4.154 19 250,000 270,270
    DOW CHEMICAL CO 3.1 22    
    CREDIT SUISSE 5.4 20 251,653 273,728
    SHELL INTERNATIONAL FINANCE 4.3 19 251,703 266,450
    KINDER MORGAN ENER PART 3.95 22 251,748 217,630
    SUNOCO 5.75 17 252,600 251,288
    RENRE NORTH AMERICAN HOLDING 5.75 20 253,000 272,493
    MONSANTO CO 2.2 22 253,230 230,308
    JEFFRIES GROUP 3.875 15    
    AFLAC INC 4 22 253,825 264,175
    JP MORGAN CHASE    
    AVALONBAY COMMUNITIES INC 2.85 23 254,063 241,335
    FEDEX CORP 2.7 23 254,340 242,648
    WASTE MANAGEMENT INC 2.9 22 254,553 245,365
    UNITED PARCEL SERVICE 2.45 22 254,780 247,293
    EMERSON ELECTRIC 4.25 20 255,343 269,693
    ADOBE SYSTEMS 3.25 15    
    AETNA INC 2.75 22 255,433 242,863
    HARTFORD FINANCIAL SERVICES 6 18 255,506 274,943
    COLGATE-POLMOLIVE CO 2.3 22 255,840 247,848
    COMCAST 5.15 20 255,866 279,333
    CIGNA 4.375 20 256,158 266,245
    CVS CAREMARK CORP 2.75 22 256,575 243,578
    AMD PROPERTY 4.5 17    
    ADOBE SYSTEMS 4.75 20 257,155 270,758
    TRAVELERS 257,167 265,588
    CHEVRON CORP 257,200 238,723
    WALT DISNEY COMPANY 2.35 22 257,300 246,790
    POTASH SANKATCHEWAN 4.875 20 257,430 271,023
    RAYTHEON 4.4 20 257,783 270,600
    DUPONT 4.625 20 257,815 263,030
    PEPSICO 3 21 257,862 257,630
    MATTEL 4.35 20 258,026 260,025
    COCA-COLA CO 2.5 23 258,125 248,443
    GENERAL MILLS INC 3.15 21 258,523 250,188
    VODAFONE GROUP 4.375 21 259,259 264,488
    BERKSHIRE HATHAWAY INC 3.4 22 259,375 263,478
    WALGREE CO 3.1 22 259,620 242,108
    GOLDMAN SACHS GROUP 5.625 17 259,701 259,670
    KRAFT FOODS 5.375 20 260,415 277,718
    WILL COUNTY ILLINOIS 5.58 24 260,515 268,963
    PRINCETON UNIVERSITY 4.95 19 260,847 273,847
    WHIRLPOOL CORP 4 24 261,185 255,523
    VALERO ENERGY 6.125 20 261,213 275,698
    KIMCO REALTY 4.3 18 261,250 260,653
    PACIFIC GAS & ELECTRIC 3.25 21 261,298 255,800
    AFLAC INC 3.625 23 261,433 258,815
    HOME DEPOT 3.95 20 261,453 269,878
    CVS CAREMARK 5.75 17 261,460 245,642
    FIRST ENERGY SOLUTIONS 6.05 21 261,580 266,678
    BLACKROCK 4.25 21 262,033 270,215
    INTEL 3.3 21 262,163 258,955
    GENERAL ELECTRIC CAPITAL 5.5 20 262,475 280,393
    DUKE REALTY 5.95 17 262,895 261,023
    CIGNA CORP 4 22 263,430 258,398
    NORFOLK SOUTHERN CORP 263,650 247,115
    CLOROX COMPANY 3.05 22 263,748 246,820
    BURLINGTON NORTH SANTE FE 3.05 22 263,875 250,648
    UNION PACIFIC CORP 2.95 23 264,345 250,778
    ANHEUSER-BUSCH 5 20 264,531 273,648
    TRANSOCEAN 6 18 264,540 222,500
    CISCO SYSTEMS 4.95 19 264,731 273,200
    ALTRIA GROUP 4.75 21 264,757 271,255
    AMGEN INC 3.625 22 264,821 256,805
    COMCAST CORP 3.125 22 264,885 254,068
    PENNSYLVANIA ECONOMIC DEV 6.412 30 264,905 279,273
    THERMO FISHER SCIENTIFIC 3.15 23 265,080 243,373
    NEW YORK, NY 5.698 27 265,753 296,883
    THERMO FISHER SCIENTIFIC 3.6 21 265,956 253,860
    UNITED HEALTH GROUP 3.875 20 266,449 264,570
    KELLOGG CO 4 20 266,473 262,845
    DOW CHEMICAL CO 4.125 21 266,475 262,098
    KELLOGG CO 3.125 22 266,965 246,695
    BURLINGTON NORTHERN 4.1 21 266,983 263,498
    BARCLAYS BANK 5.125 20 267,155 274,810
    CSX 4.25 21 267,617 264,385
    LOCKHEED MARTIN CORP 3.35 21 267,633 256,108
    CBS 5.75 20 267,928 277,490
    APACHE 3.675 21 267,945 246,688
    MCKESSON 4.75 21 268,473 270,043
    CLIFFS NATURAL RESOURCES 4.875 21 268,500 45,000
    STANLEY BLACK & DECKER 3.4 21 268,643 254,593
    UNION PACIFIC 4 21 268,813 267,165
    AGILENT TECHNOLOGIES 5 20 268,853 268,588
    HEALTH CARE PROPERTY 5.625 17 269,010 261,500
    KIMBERLY-CLARK CORP 3.875 21 269,145 269,153
    UNITED TECHNOLOGIES CORP 3.1 22 269,160 254,438
    TRAVELERS COS INC 3.9 20 269,975 265,588
    PITNEY BOWES 5.75 17 271,475 263,725
    INTERNATIONAL GAME TECHNOLOGY 5.5 20 272,469 237,500
    INTL PAPER CO 4.75 22 274,533 267,003
    PRUDENTIAL FINANCIAL INC 4.5 21 275,398 269,940
    CITIGROUP 6 17    
    PHILIP MORRIS INTL INC .4.5 20 281,560 272,238
    JOHNSON &JOHNSON 3.55 21 284,333 266,518
    ECOLAB 4.35 21 285,455 266,943
    KRAFT FOODS 6.5 17 292,863 268,660
    OMNICON GROUP 5.9 16 311,135 278,512
    VIACOM 6.125 17 319,366 292,773
    FORD MOTOR 6.5 18 319,736 387,436
    EBAY INC 2.22 19 324,311 321,308
    COMCAST 6.5 17 326,488 289,468
    UNITEDHEALTH GROUP INC 1.875 16 358,264 352,811
    VERIZON COMMUNICATIONS INC 4.5 20 373,513 376,044
    JUNIPER NETWORKS INC 4.6 21 375,004 362,964
    STARBUCKS CORP 6.25 17    
    BELL SOUTH TELECOM 6.375 28 388,233 435,780
    VERIZON COMMUNICATIONS INC 3.45 21 401,828 409,236
    KOHLS 6 33 403,998 441,500
    VERIZON COMMUNICATIONS 6.1 18 404,130 491,279
    SYMANTEC CORP    
    KOHL'S CORPORATION 6.25 17    
    PSEG POWER LLC 4.15 21 435,089 406,920
    DOW CHEMICAL CO 5.7 18    
    VIACOM 5.5 33 465,627 493,915
    VIACOM INC 6.5 19    
    WALMART STORES 5.8 18 480,375 546,325
    AT&T 6.5 29 494,005 572,770
    TORONTO DOMINION BANK 2.5 16 498,135 504,570
    LOWE'S 3.75 21 506,959 524,940
    FIVERV 3.125 16    
    MCDONALD'S CORP 2.625 22 508,233 487,575
    CAMPBELL SOUP CO 2.5 22 509,003 474,345
    NEW YORK, NY 6.385 29 513,500 571,900
    MET LIFE 4.75 21 526,268 547,265
    BRITISH TELECOM 5.95 18 532,481 539,115
    QUEST DIAGNOSTIC 4.75 20 535,701 529,995
    THE GAP INC 5.95 18 448,616 423,156
    MORGAN STANLEY 5.75 16 562,035 517,135
    FORD MOTOR CREDIT COMPANY LLC 5.75 570,510 552,390
    DIRECT TV HOLDINGS 3.5 16 810,616 805,056
    CVS CORPORATION 6.125 16 582,155 514,285
    XEROX CORPORATION 6.4 16 619,396 555,066
    BANK OF AMERICA 4.75 15    
    CNOOC FINANCE (2013) LTD 1.75 18    
    TIME WARNER INC 4.875 20 660,720 648,708
    LYONDELLBASSELL INDUSTRIES NV 5 19 677,700 638,280
    JP MORGAN CHASE BANK NA 6 17 713,806 668,225
    ROPER INDUSTRIES INC 1.85 17 755,925 746,055
    COCA-COLA FEMSA 2.375 18 756,383 748,913
    AVNET INC 5.875 20 790,258 759,584
    AIR LEASE 3.375 19 817,568 804,000
    CNA FINANCIAL CORP 5.875 20 871,148 831,218
    MEAD JOHNSON NUTRITION CO 4.9 19 611,908 591,470
    AMERICAN EXPRESS 2.75 15    
    MATTEL INC 2.35 19    
    LEGG MASON INC 2.7 19 1,007,410 997,200
    VIACOM INC 6.25 16 189,425 163,483
    LOCKHEED MARTIN CORP 1.85 18 524,102 524,071
    SYNCHRONY FINANCIAL 3.0 19 399,444 405,192
    JPMORGAN CHASE & CO 2.25 20 348,583 344,323
    AUTONATION INC 5.5 20 546,605 541,435
    SYSCO CORP 2.6 20 523,997 525,830
    OREILLY AUTOMOTIVE INC 4.875 21 1,063,848 1,027,634
    TEXTRON INC 3.65 21 507,595 503,120
    ARROW ELCTRONICS INC 3.5 22 592,134 577,950
    KRAFT FOODS GROUP INC 802,568 808,760
    CAPITAL ONE BANK 3.375 23 510,174 513,755
    DELPHI CORPORATION 5.0 23 495,188 502,550
    ING BANK 4.125 23 1,024,970 1,020,349

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABERDEEN ASSET MANAGEMENT 73,587 51,421
    AETNA INC 61,281 67,251
    ALLY FINANCIAL 8.5 PFD 199,685 205,920
    ANNALY CAPITAL MANAGEMENT INC SER C 22,525 21,101
    ANNALY CAPITAL MANAGEMENT INC SER D 11,675 10,816
    ANTHEM INC 83,361 80,457
    APOLLO COML REAL ESTATE FIN INC 28,192 28,137
    APPLE INC 15,697 19,473
    ARITISAN INTERNATIONAL FUND 930,582 908,144
    BANK OF AMERICA CORP 6.625 PFD 250,000 267,400
    BANK OF NY MELLON CORP 42,873 51,360
    BLACKSTONE MORTGAGE TRUST INC 32,643 31,951
    BOEING INC 65,112 74,319
    BOSTON PROPERTIES REIT 229,522 255,080
    BRANDYWINE REALTY TRUST SER E 6.9 PF 22,400 23,977
    CAPITAL ONE FINANCIAL 84,269 144,360
    CBL & ASSOC PROPERTIES 7.375 PFD 17,047 19,600
    CBL & ASSOC PRPERTIES IN SER E 6.62 17,479 17,640
    CHECK POINT SOFTWARE TECH LTD 16,131 20,508
    CHUBB CORP    
    CISCO SYSTEMS    
    CIT GROUP 63,215 98,416
    CITIGROUP INC 7.125 PFD 500,000 560,200
    COLGATE-POLMOLIVE CO    
    CORESTE REALTY CORP 7.25 PFD 20,621 21,536
    CORPORATE OFFICE PROPEERTIES TR 7.38 28,997 29,003
    CORPORATE OFFICE PRPERTIES 7.62 PFD    
    DDR CORP SER J 6.5 PFD 34,829 35,608
    DDR CORP SERIES K 6.25 PFD 32,663 32,730
    DIGITAL REALTY TRUST INC 13,219 13,302
    DIGITAL REALTY TRUST INC 5.88 PFD 36,550 41,741
    DISCOVERY COMMUNICATIONS INC 98,192 85,723
    DOVER CORPORATION 67,938 61,862
    DUPONT FABROS TECHNOLOGY INC    
    EASTMAN KODAK 2,713 15,037
    EPR PROPERTIES 32,331 39,337
    EPR PROPERTIES SER 6.62 PFD 25,768 27,461
    EQUITY LIFESTYLES INC 6.75 PFD 18,958 18,998
    EVEREST RE GROUP LTD 55,691 64,448
    EXXON MOBIL 200,000 183,105
    FIRST REPUBLIC BANK 6.2 PFD 250,000 261,900
    FIRST REPUBLIC BANK 6.7 PFD 500,000 519,600
    FOSSIL GROUP INC 142,523 61,092
    FRANKLIN RESOURCES INC 121,243 95,364
    GENERAL MILLS 34,802 57,660
    GGP INC 34,459 35,058
    GOLDMAN SACKS SERB 6.2 PFD 200,000 207,920
    HEALTH CARE PROPERTY INV REIT 87,000 191,200
    HEALTH CARE REIT INC    
    HEALTH CARE REIT INC SER J 6.5 PFD    
    HIGHWOODS PRPERTIES    
    HOSPIALITY PROPERTIES TRUST 24,743 24,999
    HUDSON PACIFIC PROPERTIES IN SER B    
    INTERCONTINENTAL HOTELS GROUP    
    JOHNSON & JOHNSON 42,502 71,904
    JOHNSON AND JOHNSON 87,352 133,536
    JP MORGAN CHASE & CO 6.125 PFD 250,000 261,200
    JP MORGAN CHASE & CO 6.3 PFD 250,000 262,600
    JP MORGAN CHASE & CO 6.7 PFD 250,000 274,800
    KILROY REALTY CORP SER G 6.88 PFD 51,250 52,911
    KIMBERLY CLARK 32,008 63,650
    KIMCO REALTY CORPORATION SER J 5.5 P 41,821 41,292
    LASALLE HOTEL PRPERTIES 7.25 PFD 56,405 56,975
    LIBERTY PROPERTY TRUST 68,236 60,454
    LVMH MOET HENNESSY LOIS VUITTON    
    MACK-CALI REALTY CORP    
    MASTERCARD INC 60,928 75,941
    MFA FINANCIAL 43,610 37,752
    MICROSOFT 42,107 83,220
    MICROSOFT CORP 101,458 194,180
    MORGAN STANLEY CAP TRUST V 5.75 PFD 200,000 201,440
    MSC INDUSTRIAL DIRECT CO INC 68,654 49,686
    NASDAQ OMX GROUP    
    NATIONAL RETAIL PROPERTIES 5.7 PFD 30,361 34,492
    OMEGA HEALTHCARE INVESTORS INC 23,593 28,859
    ORACLE CORPORATION 186,592 165,371
    PARKER-HANNIFIN CORP 181,718 144,209
    PEEBLEBROOK HOTEL TRUST 6.5 PFD 32,279 33,054
    PEEBLEBROOK HOTEL TRUST 7.88 PFD 13,233 13,263
    PFIZER 38,021 64,560
    PFIZER INC 69,927 96,840
    PRICE T ROWE GROUP 58,737 51,258
    PS BUSINES BUSINESS PARKS INC SER T 20,550 20,994
    PS BUSINESS PARKS INC SER U 5.75 PFD 23,325 23,418
    PUBLIC SERVICE ENT GROUP 50,000 96,106
    REGANCY CENTERS SER 6 6.625 PFD 21,962 22,741
    SABRE CORPORATION    
    SECTOR OPPRUTUNIITIES 245,285 346,240
    SENIOR HOUSING PRPERTIES TR 37,180 23,937
    SL GREEN REALTY CORP SER I 6.5 PFD 25,339 25,995
    STAG INDUSTRIAL INC 29,445 30,205
    STARWOOD PROPERTY INC 37,943 33,883
    STARWOODS HOTELS & RESORTS    
    STATE STREET CORPORATION 69,718 69,081
    SUN COMMUNICATIONS INC SER A 7.12 PF 15,108 15,668
    TAUBMAN CENTERS INC 6.25 PFD 15,757 16,199
    TAUBMAN CENTERS INC SER J 6.5 PFD 32,094 32,666
    TERRENO REALTY TRUST 7.75 PFD 16,385 15,454
    TRAVELERS COMPANIES 100,000 388,577
    TWO HARBORS INVESTMENT CORP 28,823 21,190
    UNILEVER    
    VERIZON COMMUNICATIONS INC 34,212 33,371
    VISA INC 49,412 74,138
    VORNADO REALTY TR SER J 6.875 PFD 250,000 255,800
    VORNADO REALTY TRUST 6.6625 PFD 250,000 243,299
    VORNADO REALTY TRUST SER G 6.62 PFD 8,085 8,144
    VORNADO RLTY TRUST SER I 6.625 PFD 200,000 203,680
    WALT DISNEY COMPANY 22,886 30,158
    WARNER INC    
    WASHINGTON PRIME GROUP INC    
    WATERS CORPORATION    
    WEINGARTEN REALTY INVESTORS SER F    
    WELLS FARGO COMPANY 5.85 PFD 500,000 522,400
    SPDR S&P 500 ETF TRUST 323,156 316,202
    JPMORGAN CHASE & CO LINKED TO S&P 168,000 166,908
    MORGAN STANLEY LINKED TO S&P 165,000 168,226
    CREDIT SUISSE LINKED TO S&P 166,000 166,000
    ROYAL BANK OF CANADA LINKED TO S&P 166,000 166,000
    COMMUNITY HEALTHCARE TRUST INC 26,919 26,134
    CARE CAPITAL PROPERTIES INC 30,508 28,155
    HCP INC 36,941 37,016
    WP CAREY INC 25,590 24,603
    WP GLIMCHER INC 47,394 29,358
    WELLTOWER INC PFD 6.5 21,088 21,515
    AXIS CAPITAL HOLDINGS LTD 71,528 76,178
    CARLISLE COS INC 29,925 30,066
    CISCO SYSTEMS INC 76,831 75,654
    HONEYWELL INTL INC 28,710 28,275
    MICROSOFT CORP 16,361 21,193
    NATIONAL OILWELL VARCO INC 148,252 103,719
    QUALCOMM INC 81,002 62,881
    TIME WARNER INC 50,068 40,289
    UNITED TECHNOLOGIES CORP 52,375 53,607
    SWISS RE LTD 91,594 98,322
    HAYLARD HEALTH INC 1,318 2,071

    TY 2015 InvestmentsGovtObligationsSch
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    US Government Securities - End of Year Book Value:

    488,130
    US Government Securities - End of Year Fair Market Value:

    645,350
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2015 InvestmentsOtherSchedule2
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VOYA FLOATING RATE FUND CLASS I AT COST 2,510,384 2,482,195
    GS PERRY PRIVATE OPPORTUNITIES FUND      
    GOLDMAN SACHS MONEY MARKET AT COST 454,665 454,665
    GS MLP ENERGY INFRASTRUCTURE AT COST 2,205,278 1,447,321
    GS STRATEGIG INCOME FUND AT COST    
    BLACKROCK GLOBAL ALLOCATIONS FUND AT COST 621,382 607,421
    GS INVESTMENT PARTNERS AT COST 1,000,000 1,315,685
    ISHARES MSCI EAFE ETF AT COST    
    NUVEEN SYMPHONY FLOATING RATE AT COST    
    GS PRINCETON FUND AT COST 1,868,296 2,836,025
    GS HIGH FLOATING RATE FUND AT COST 3,427,993 3,243,669
    GS STRATEGIC INCOME FUND AT COST    
    GS US EQUITY DIV & PREM FUND AT COST 2,803,748 3,279,021
    CLAROS REAL ESTATE SECURITIES AT COST 2,779,839 2,779,839
    GS HIGH YIELD FUND INSTITUTIONAL AT COST 3,004,571 2,610,889
    GS TACTICAL TILT IMPLEMENTATION AT COST 4,643,549 4,492,780
    MERRILL LYNCH CMA FUND AT COST 3,521,001 3,521,001
    ETON PARK FUND AT COST 3,282,444 3,282,444
    THIRD POINT PARTNERS AT COST 12,754,301 12,754,301
    MSCI EAFE HEDGED EQUITY INDEX FUND AT COST 1,761,202 1,690,710
    LIBERTY HARBOE SPV II LTD AT COST   20,266
    PRIVATE EQUITY CO-INVESTMENT AT COST 171,706 167,753
    PRIVATE EQUITY MANAGERS 2015 AT COST 56,792 50,294

    TY 2015 OtherExpensesSchedule
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    FEES 148,100      


    TY 2015 TaxesSchedule
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 50,600