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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE BERNARD & MURIEL LAUREN FOUNDATION
C/O CASSIN & CASSIN LLP
Number and street (or P.O. box number if mail is not delivered to street address)2900 WESTCHESTER AVE NO 402
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PURCHASE, NY10577
A Employer identification number

20-5741250
B Telephone number (see instructions)

(917) 517-6906
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... 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$4,651,081J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 103,888 103,888  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 567,283
b Gross sales price for all assets on line 6a 3,833,085
7 Capital gain net income (from Part IV, line 2)... 567,283
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........ 671,171 671,171  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 12,399 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 11,050 11,050   0
b Accounting fees (attach schedule)....... Click to see attachment 3,600 3,600   0
c Other professional fees (attach schedule).... Click to see attachment 41,861 41,861   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,000 0   0
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 275 0   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 71,185 56,511   0
25 Contributions, gifts, grants paid....... 235,500 235,500
26 Total expenses and disbursements. Add lines 24 and 25 306,685 56,511   235,500
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 364,486
b Net investment income (if negative, enter -0-) 614,660
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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......... 188,164 613,433 613,433
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) 33,982 Click to see attachment34,054 36,150
b Investments—corporate stock (attach schedule)....... 2,003,503 Click to see attachment1,583,959 2,553,040
c Investments—corporate bonds (attach schedule)....... 1,081,712 Click to see attachment1,260,131 1,264,024
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment180,270 184,434
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) 3,307,361 3,671,847 4,651,081
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 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 3,910,846 3,910,846
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds -603,485 -238,999
30 Total net assets or fund balances (see instructions)..... 3,307,361 3,671,847
31 Total liabilities and net assets/fund balances (see instructions). 3,307,361 3,671,847
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
3,307,361
2
Enter amount from Part I, line 27a .....................
2
364,486
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
3,671,847
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
3,671,847
Form 990-PF (2018)
Form 990-PF (2018)
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 770SHS NXP SEMICONDUCTORS P    
b 400SHS 3M CO P    
c 200SHS MICROSOFT P    
d 50,000ENTERPRISE PROD 7.034 P    
e 430SHS NXP SEMICONDUCTORS P    
30SHS LAMB WESTON HOLDINGS INC P    
250SHS ALLERGAN P    
50M HARRIS CORP 4.4% P    
50M CR BARD 4.4% P    
430SHS THOR INDUSTRIES INC P    
10,647.993 UNITS EVERCORE EQUITY P    
5M MASSACHUSETTS ST HSG P    
25M UTS MASSACHUSETTS ST HSG 2.557 P    
50M UTS CON ED 7.125 P    
2862.254SHS MATTHEWS PACIFIC TIGER P    
7,142SHS COHEN & STEERS P    
1,438SHS VANGUARD SMALL CAP INDX P    
14029SHS LAZARD GLOBAL P    
10082SHS BROOKFIELD GLOBAL P    
7880SHS VANGUARD DEV MKT INDX P    
537SHS VANGUARD MID CAP P    
10,919SHS VIRTUS SEIX P    
45SHS ADOBE INC P    
67SHS AMERICAN TOWER P    
243SHS CBRE GROUP INC P    
263SHS PFIZER P    
81SHS PROCTOR & GAMBLE P    
96SHS TJX COMPANIES P    
16SHS ROPER TECH P    
127SHS VERIZON P    
88SHS 3M P    
28SHS UNITED HEALTH GROUP P    
128SHS JP MORGAN P    
197SHS GENERAL MILLS P    
51SHS ANSYS INC P    
121SHS JOHNSON & JOHNSON P    
203SHS MICROSOFT P    
90SHS CHUBB LTD P    
156SHS LAMB WESTON HOLDING P    
11SHS ALPHABET P    
12SHS ALPHABET INC P    
8279SHS JPMORGAN ALERIAN INDEX ETF P    
50M ING BANK NOTE 4.125 P    
264SHS CHUBB LTD P    
50SHS ALPHABET INC CL C P    
122SHS ADOBE INC P    
50SHS ALPHABET INC CL C P    
24SHS AMAZON P    
172SHS ROPER TECHNOLOGIES P    
216SHS 3M P    
669SHS JP MORGAN CHASE P    
5M MASSACHUSETTS ST HSG 2.557 P    
1450SHS SYNCHRONY P    
5M UTS AUSTIN TX RENTAL 3.837 P    
200SHS DOMINOS PIZZA P    
150SHS BLACKROCK INC P    
800SHS SMITH AO CORP P    
675SHS EAST WEST BANCORP P    
9687SHS VANGUARD INTER TERM P    
12981SHS VANGUARD SHORT TERM ADMIRAL P    
382SHS JOHNSON & JOHNSON P    
83SHS ANSYS INC P    
190SHS UNITED HEALTH GROUP P    
1449SHS MICROSOFT CORP P    
646SHS DFA INTL P    
1700SHS WELBILT P    
585SHS COTY INC P    
1000SHS SCHLUMBERGER LTD P    
260SHS ALIBABA GROUP P    
300SHS CORE LAB P    
1400SHS APPLIED MATERIALS P    
50MSHS GOLDMAN SACHS GROUP P    
50M UNITS CHUBB INA HOLDINGS P    
50M GENERAL ELECTRIC P    
50M UTS STANLEY BLACK & DECKER P    
50M WELLS FARGO P    
50M UTS EQUINOR 7.15 P    
470SHS ROYAL CARIBBEAN 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 90,964   28,901 62,063
b 96,817   36,653 60,164
c 18,990   7,442 11,548
d 50,000   50,000 0
e 53,273   11,839 41,434
1,818   1,190 628
39,712   69,052 -29,340
51,892   51,396 496
51,964   52,272 -308
39,294   53,399 -14,105
205,400   130,977 74,423
5,000   5,000 0
25,000   25,000 0
50,000   50,000 0
76,222   80,000 -3,778
90,857   95,000 -4,143
89,956   100,000 -10,044
188,412   210,000 -21,588
118,472   125,000 -6,528
93,144   100,000 -6,856
91,357   100,000 -8,643
90,632   95,000 -4,368
9,756   4,846 4,910
10,403   7,019 3,384
9,494   8,172 1,322
10,956   5,557 5,399
7,313   5,483 1,830
4,097   2,031 2,066
4,128   2,295 1,833
6,841   4,901 1,940
16,311   7,541 8,770
6,668   1,513 5,155
12,069   5,773 6,296
7,537   6,321 1,216
7,130   3,450 3,680
15,076   7,499 7,577
19,873   6,070 13,803
11,215   6,700 4,515
11,280   6,186 5,094
11,094   3,719 7,375
12,227   4,063 8,164
179,840   206,896 -27,056
50,000   50,092 -92
35,272   19,655 15,617
51,318   16,904 34,414
27,245   13,138 14,107
51,588   16,929 34,659
36,575   17,260 19,315
50,699   24,668 26,031
44,322   18,956 25,366
73,527   32,890 40,637
5,000   5,000 0
41,042   39,880 1,162
5,000   5,000 0
53,260   43,907 9,353
61,837   56,023 5,814
37,342   30,662 6,680
36,733   25,951 10,782
90,000   90,097 -97
135,000   135,130 -130
56,245   24,735 31,510
12,410   5,614 6,796
50,543   10,264 40,279
151,118   47,714 103,404
111,799   108,218 3,581
32,614   33,437 -823
6,588   9,852 -3,264
59,700   80,826 -21,126
38,370   46,563 -8,193
32,150   31,774 376
48,006   77,512 -29,506
50,225   50,076 149
48,939   50,580 -1,641
47,536   49,500 -1,964
50,033   50,279 -246
50,423   50,000 423
59,286   61,110 -1,824
48,856   51,450 -2,594
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       62,063
b       60,164
c       11,548
d       0
e       41,434
      628
      -29,340
      496
      -308
      -14,105
      74,423
      0
      0
      0
      -3,778
      -4,143
      -10,044
      -21,588
      -6,528
      -6,856
      -8,643
      -4,368
      4,910
      3,384
      1,322
      5,399
      1,830
      2,066
      1,833
      1,940
      8,770
      5,155
      6,296
      1,216
      3,680
      7,577
      13,803
      4,515
      5,094
      7,375
      8,164
      -27,056
      -92
      15,617
      34,414
      14,107
      34,659
      19,315
      26,031
      25,366
      40,637
      0
      1,162
      0
      9,353
      5,814
      6,680
      10,782
      -97
      -130
      31,510
      6,796
      40,279
      103,404
      3,581
      -823
      -3,264
      -21,126
      -8,193
      376
      -29,506
      149
      -1,641
      -1,964
      -246
      423
      -1,824
      -2,594
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 2 567,283
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))
2017 216,319 4,001,420 0.054061
2016 231,354 4,264,882 0.054246
2015 264,225 4,654,530 0.056767
2014 234,591 4,540,237 0.051669
2013 211,500 4,307,421 0.049101
2
Total of line 1, column (d) .....................
2
0.265844
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.053169
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
4,698,994
5
Multiply line 4 by line 3......................
5
249,841
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
6,147
7
Add lines 5 and 6........................
7
255,988
8
Enter qualifying distributions from Part XII, line 4,.............
8
235,500
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 12,293
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 12,293
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 12,293
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 1,200
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,200
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 11,093
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   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$ 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
     
    No
    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)
    bulletNY
    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 2018 or the taxable year beginning in 2018? See the 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 (2018)
    Form 990-PF (2018)
    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 ofbulletJOSEPH M CASSIN ESQ Telephone no.bullet (917) 517-6906

    Located atbullet2900 WESTCHESTER AVE 402PURCHASENY ZIP+4bullet10577
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. 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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    JOSEPH M CASSIN TRUSTEE
    1.00     		4,133 0 0
    2900 WESTCHESTER AVE 402
    PURCHASE,NY10577
    DAVID BAUM TRUSTEE
    1.00     		4,133 0 0
    455 51ST STREET
    NEW YORK,NY10022
    KEELIN C PYE TRUSTEE
    1.00     		4,133 0 0
    5 HIGHLAND RIDGE LANE
    RYE,NY10580
    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
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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  
    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
    Form 990-PF (2018)
    Form 990-PF (2018)
    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
    4,567,728
    b
    Average of monthly cash balances.......................
    1b
    202,824
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,770,552
    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
    4,770,552
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    71,558
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,698,994
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    234,950
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    234,950
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    12,293
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,293
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    222,657
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    222,657
    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
    222,657
    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
    235,500
    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
    235,500
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    235,500
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 222,657
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 94,192
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 235,500
    a Applied to 2017, but not more than line 2a 94,192
    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 2018 distributable amount..... 141,308
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		81,349
    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
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation 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 (2018)
    Form 990-PF (2018)
    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 ASSOCIATION
    PO BOX 9600
    WASHINGTON,DC20090     		NONE N/A MEDICAL RESEARCH 1,000
    ATHENS CULTURAL CENTER
    24 2ND AVE
    ATHENS,NY12015     		NONE N/A EDUCATIONAL 1,500
    AUTISM SPEAKS
    1 EAST 33RD ST
    NEW YORK,NY10016     		NONE N/A HELP PEOPLE WITH AUTISM 10,000
    BROADWAY BACH ENSEMBLE
    BRAODWAY 114TH STREET
    NEW YORK,NY10029     		NONE N/A CLASSICAL MUSIC 2,500
    BROTHER'S BROTHER FOUNDATION
    1200 GALVESTON AVENUE
    PITTSBURGH,PA15233     		NONE N/A ASSIST NEEDY 5,000
    CITY HARVEST INC
    6 EAST 32ND STREET
    NEW YORK,NY10016     		NONE N/A ASSIST NEEDY 5,000
    CITY MEALS ON WHEELS
    355 LEXINGTON AVENUE
    NEW YORK,NY10017     		NONE N/A ASSIST NEEDY 3,000
    FORDHAM LAW SCHOOL
    140 W 62ND ST
    NEW YORK,NY10023     		NONE N/A EDUCATION 10,000
    FOUNDATION TO FIGHT H-ABC
    PO BOX 12416
    SILVER SPRING,MD20908     		NONE N/A ASSIST NEEDY 10,000
    GEORGETOWN UNIVERSITY
    37TH AND O STREET NW
    WASHINGTON,DC20057     		NONE N/A ASSIST NEEDY 15,000
    HEALTH ADVOCATES FOR OLDER PEOPLE
    14721 CALIFA STREET
    SHERMAN OAKS,CA91411     		NONE N/A MEDICAL RESEARCH 4,000
    HISPANIC SOCIETY OF AMERICA
    613 W 155TH ST
    NEW YORK,NY10032     		NONE N/A FUND OPERATIONS 10,000
    HUMANE SOCIETY OF NEW YORK
    306 EAST 59TH STREET
    NEW YORK,NY10022     		NONE N/A ANIMAL ASSISTANCE 2,000
    INNER-CITY SCHOLARSHIP FUND
    1011 1ST AVENUE
    NEW YORK,NY10022     		NONE N/A EDUCATIONAL 2,000
    IRISH GEORGIAN SOCIETY
    858 WEST ARMITAGE AVE
    CHICAGO,IL60614     		NONE N/A ASSIST NEEDY 5,000
    JAY HERITAGE CENTER
    210 BOSTON POST ROAD
    RYE,NY10580     		NONE N/A ASSIST NEEDY 10,000
    LA JOLLA PLAYHOUSE
    2910 LA JOLLA VILLAGE DR
    LA JOLLA,CA92037     		NONE N/A EDUCATIONAL 10,000
    LENOX HILL HOSPITAL
    100 EAST 77TH STREET
    NEW YORK,NY10021     		NONE N/A MEDICAL RESEARCH 15,000
    MOUNT SINAI HOSPITAL
    1 GUSTAV LEVY PLACE
    NEW YORK,NY10029     		NONE N/A MEDICAL RESEARCH 10,000
    MUNICIPAL ART SOCIETY OF NY
    488 MADISON AVE
    NY,NY10022     		NONE N/A EDUCATIONAL 5,000
    NEW YORK BOTANICAL GARDEN
    2900 SOUTHERN BLVD
    BRONX,NY10458     		NONE N/A HORTICULTURE 5,000
    PORT CHESTER CARVER CENTER
    400 WESTCHESTER AVE
    PORT CHESTER,NY10573     		NONE N/A MEDICAL RESEARCH 5,000
    RESURRECTION SCHOOL
    116 MILTON RD
    RYE,NY10580     		NONE N/A ASSIST NEEDY 5,000
    RYE COUNTRY DAY SCHOOL
    CEDAR STREET
    RYE,NY10580     		NONE N/A EDUCATIONEDUCATIONAL 10,000
    SALVATION ARMY OF GREATER NEW YORK
    120 WEST 14TH ST
    NEW YORK,NY10011     		NONE N/A ASSIST NEEDY 5,000
    ST PATRICK'S FOUNDATION
    PO BOX 158
    LARCHMONT,NY10538     		NONE N/A ASSIST NEEDY 5,000
    TRUSTEES OF TUFTS COLLEGE
    150 HARRISON AVE
    BOSTON,MA02111     		NONE N/A EDUCATIONAL 20,000
    YMCA OF GREATER NEW YORK
    224 EAST 47TH ST
    NEW YORK,NY10017     		NONE N/A ASSIST NEEDY 15,000
    SMILE TRAIN
    633 THIRD AVENUE
    NEW YORK,NY10017     		NONE N/A ASSIST NEEDY 5,000
    CALVARY FUND
    1740 EASTCHESTER RD
    BRONX,NY10461     		NONE N/A ASSIST NEEDY 1,000
    THE INTERNATIONAL VIRTUAL E-HOSPITAL
    113 KULLYSPELL DR
    HOPE,ID83836     		NONE N/A MEDICAL SUPPORT 5,000
    EDMUNDITE MISSIONS
    1428 BROAD ST
    SELMA,AL36701     		NONE N/A ASSIST NEEDY 1,000
    PARKLAND FOUNDATION
    1341 W MOCKINGBIRD LANE
    DALLAS,TX75247     		NONE N/A ASSIST NEEDY 5,000
    CAPUCHIN FRANCISCANS
    3613 WYANDOT ST
    DENVER,CO80211     		NONE N/A OPERATING FUNDS 5,000
    FIRST TEE OF CONNECTICUT
    55 GOLF CLUB ROAD
    CROMWELL,CT06416     		NONE N/A OPERATING FUNDS 5,000
    NEW PATHWAYS FOR YOUTH
    1001 EPIERCE ST
    PHOENIX,AZ85006     		NONE N/A OPERATING FUNDS 2,500
    Total .................................bullet 3a 235,500
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ...........     		         
    4 Dividends and interest from securities....     14 103,888  
    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 ............     		    18 567,283  
    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).. 0 671,171 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    671,171
    (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.)
    8 PROVIDES FUNDS FOR CHARITIES
    Form 990-PF (2018)
    Form 990-PF (2018)
    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) (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) (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 (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE BERNARD & MURIEL LAUREN FOUNDATION
     
    C/O CASSIN & CASSIN LLP
    EIN:
    20-5741250
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GREGORY AND SCHWARTZ CPAS 3,600 3,600   0

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE BERNARD & MURIEL LAUREN FOUNDATION
     
    C/O CASSIN & CASSIN LLP
    EIN:
    20-5741250
    Name of Bond End of Year Book Value End of Year Fair Market Value
    100MJPMORGAN CHASE 4.250% DUE 10/15/20 98,815 101,802
    100M JPMORGAN CHASE 4.4% 100,035 101,809
    50M HEWLETT-PACKARD CO 4.650% 50,586 51,646
    40M AUSTIN TEXAS RENTAL CAR 3.837% 40,000 40,271
    50000 MORGAN STANLEY 5.45% 50,000 48,631
    50,000 BHP BILLITON 3.85% 50,654 51,216
    50,000 AEGNON NV 1.735 30,423 33,520
    50M DUKE ENERGY 2.538 48,845 46,585
    50M KRAFT HEINZ V-Q 1.729% 50,000 49,872
    9834 FEDERATED HIGH YIELD BOND FUND 95,000 90,083
    15580 VANGUARD INTERMEDIATE TERM 144,903 146,305
    48111 VANGUARD SHORT-TERM 500,870 502,284

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE BERNARD & MURIEL LAUREN FOUNDATION
     
    C/O CASSIN & CASSIN LLP
    EIN:
    20-5741250
    Name of Stock End of Year Book Value End of Year Fair Market Value
    80 AUTOZONE INC 29,250 67,067
    1844 TJX COS INC 39,012 82,501
    1803 GENERAL MILLS 57,854 70,209
    769 PROCTER & GAMBLE CO 47,514 70,686
    2737 PFIZER INC 57,830 119,470
    547 JOHNSON & JOHNSON 33,355 70,590
    332 UNITED HEALTH GROUP INC 17,935 82,708
    1203 JPMORGAN CHASE 47,873 117,437
    646 CHUBB 48,094 83,450
    496 3M 38,019 94,508
    1200 EMERSON ELECTRIC 55,907 71,700
    89 ALPHABET INC CL C 29,903 92,169
    88 ALPHABET INC CL A 29,541 91,956
    1148 MICROSOFT 28,445 116,602
    566 ANSYS INC 38,284 80,904
    1273 VERIZON COMMUNICATIONS 46,264 71,568
    1757 SHS CBRE GROUP 47,678 70,350
    733SHS AMERICAN TOWER CORP 69,588 115,953
    312SHS ROPER 44,747 83,154
    31SHS AMAZON.COM 22,294 46,561
    250SHS THERMO FISHER SCIENTIFIC 33,056 55,948
    363SHS ADOBE SYSTEMS 39,091 82,125
    944SHS LAMB WESTON HOLDINGS 37,425 69,441
    2923 VANGUARD TOTAL STOCK MARKET 180,000 181,520
    5252 HARDING LOEVNER 100,000 95,693
    12,999 VANGUARD FTSE AW EX 365,000 368,770

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    THE BERNARD & MURIEL LAUREN FOUNDATION
     
    C/O CASSIN & CASSIN LLP
    EIN:
    20-5741250
    US Government Securities - End of Year Book Value:

    0
    US Government Securities - End of Year Fair Market Value:

    0
    State & Local Government Securities - End of Year Book Value:


    34,054
    State & Local Government Securities - End of Year Fair Market Value:


    36,150


    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE BERNARD & MURIEL LAUREN FOUNDATION
     
    C/O CASSIN & CASSIN LLP
    EIN:
    20-5741250
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    9329 ETRACS ALERIAN MLP AT COST 180,270 184,434

    TY 2018 LegalFeesSchedule
    Name:
    THE BERNARD & MURIEL LAUREN FOUNDATION
     
    C/O CASSIN & CASSIN LLP
    EIN:
    20-5741250
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CASSIN & CASSIN 11,050 11,050   0


    TY 2018 OtherExpensesSchedule
    Name:
    THE BERNARD & MURIEL LAUREN FOUNDATION
     
    C/O CASSIN & CASSIN LLP
    EIN:
    20-5741250
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NYS FILING FEE 275 0   0


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE BERNARD & MURIEL LAUREN FOUNDATION
     
    C/O CASSIN & CASSIN LLP
    EIN:
    20-5741250
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EVERCORE MGT FEES 34,438 34,438   0
    CIBC MGT FEES 7,423 7,423   0


    TY 2018 TaxesSchedule
    Name:
    THE BERNARD & MURIEL LAUREN FOUNDATION
     
    C/O CASSIN & CASSIN LLP
    EIN:
    20-5741250
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ESTIMATED TAXES 2,000 0   0