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 GARY AND PENNIE ABRAMSON CHARITABLE
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)2000 TOWER OAKS BLVD - NINTH FLOOR
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROCKVILLE, MD208524282
A Employer identification number

52-2102799
B Telephone number (see instructions)

(301) 984-7000
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$52,913,475
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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 1,000,176 1,000,176  
4 Dividends and interest from securities... 572,762 572,762  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 990,173
b Gross sales price for all assets on line 6a 8,010,956
7 Capital gain net income (from Part IV, line 2)... 990,173
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)....... 50,046 50,046  
12 Total. Add lines 1 through 11........ 2,613,157 2,613,157  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 1,026 1,026   0
b Accounting fees (attach schedule)....... 263 263   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 39,749 9,749   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 142,898 142,876   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 183,936 153,914   0
25 Contributions, gifts, grants paid....... 2,008,839 2,008,839
26 Total expenses and disbursements. Add lines 24 and 25 2,192,775 153,914   2,008,839
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 420,382
b Net investment income (if negative, enter -0-) 2,459,243
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............. 222,211 898,114 898,114
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet131,959
Less: allowance for doubtful accounts bullet   114 131,959 131,959
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)..... 31,977,193 30,801,310 30,801,310
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 16,263,923 Click to see attachment19,087,451 20,559,449
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,618,545 Click to see attachment583,605 522,643
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) 51,081,986 51,502,439 52,913,475
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........ 44,802,762 44,802,833
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 6,279,224 6,699,606
30 Total net assets or fund balances (see instructions)..... 51,081,986 51,502,439
31 Total liabilities and net assets/fund balances (see instructions). 51,081,986 51,502,439
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
51,081,986
2
Enter amount from Part I, line 27a .....................
2
420,382
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
71
4
Add lines 1, 2, and 3 ..........................
4
51,502,439
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
51,502,439
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 PUBLICLY TRADED SECURITIES      
b LT CAPITAL GAIN DISTRIBUTION P    
c LT GAIN/LOSS FROM FLOW THROUGH INVESTMENTS P    
d LT GAIN FROM EJF CROSSOVER FUND P    
e CAPITAL GAIN FROM MADDOFF DISTRIBUTION P    
ST GAIN/LOSS FROM FLOW THROUGH INVESTMENTS P    
LOSS ON LIQUIDATION OF PACIFIC STRATEGIC INVESTMENTS P    
LOSS ON LIQUIDATION OF NUSTAR ENERGY INVESTMENTS 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 7,120,594   6,803,804 316,790
b 11,287     11,287
c 755,148     755,148
d 57,142     57,142
e 38,060     38,060
28,725     28,725
    209,191 -209,191
    7,788 -7,788
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       316,790
b       11,287
c       755,148
d       57,142
e       38,060
      28,725
      -209,191
      -7,788
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 2 990,173
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 1,754,237 54,850,601 0.031982
2016 1,547,587 49,033,581 0.031562
2015 2,387,570 46,818,997 0.050996
2014 1,876,830 47,062,294 0.039880
2013 575,190 37,710,269 0.015253
2
Total of line 1, column (d) .....................
2
0.169673
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
0.033935
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
54,658,717
5
Multiply line 4 by line 3......................
5
1,854,844
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
24,592
7
Add lines 5 and 6........................
7
1,879,436
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,008,839
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 24,592
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 24,592
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 24,592
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 35,146
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 55,146
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 30,554
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet30,554 RefundedBullet 11 0
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletMD
    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 ofbulletSUSAN RESUTEK Telephone no.bullet (301) 984-7000

    Located atbullet2000 TOWER OAKS BLVD 9TH FLOORROCKVILLEMD ZIP+4bullet208524282
    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
     
    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
     
     
    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
    GARY M ABRAMSON TRUSTEE-PART
    2.00
    0 0 0
    2000 TOWEROAKS BLVD 9TH FLOOR
    ROCKVILLE,MD20852
    PENNIE M ABRAMSON TRUSTEE-PART
    1.00
    0 0 0
    2000 TOWEROAKS BLVD 9TH FLOOR
    ROCKVILLE,MD20852
    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
    20,827,338
    b
    Average of monthly cash balances.......................
    1b
    691,879
    c
    Fair market value of all other assets (see instructions)................
    1c
    33,971,866
    d
    Total (add lines 1a, b, and c).........................
    1d
    55,491,083
    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
    55,491,083
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    832,366
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    54,658,717
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,732,936
    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
    2,732,936
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    24,592
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
    168
    c
    Add lines 2a and 2b............................
    2c
    24,760
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,708,176
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,708,176
    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
    2,708,176
    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
    2,008,839
    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
    2,008,839
    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
    24,592
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,984,247
    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 2,708,176
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014...... 694,303
    c From 2015...... 570,995
    d From 2016...... 414,646
    e From 2017......  
    fTotal of lines 3a through e........ 1,679,944
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,008,839
    a Applied to 2017, but not more than line 2a 0
    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..... 2,008,839
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 699,337 699,337
    (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 5 980,607
    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 ..........
    0
    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 ......
    980,607
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 565,961
    c Excess from 2016.... 414,646
    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).)
    GARY M ABRAMSON
    PENNIE M ABRAMSON
    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
    AISH DC
    11418 OLD GEORGETOWN ROAD
    NORTH BETHESDA,MD20852
      PC UNRESTRICTED FUNDS 30,000
    ALEF BET MONTESORRI SCHOOL
    7300 WHITTIER BLVD
    BETHESDA,MD20817
      PC UNRESTRICTED FUNDS 20,000
    ALS ASSOCIATION DCMDVA CHAPTER
    30 W GUDE DRIVE SUITE 150
    ROCKVILLE,MD20850
      PC UNRESTRICTED FUNDS 8,367
    ALZHEIMER'S ASSOCIATION
    8180 GREENSBORO DRIVE 400
    MCLEAN,VA22102
      PC UNRESTRICTED FUNDS 1,500
    ALZHEIMER'S DRUG DISCOVERY FOUNDATION
    57 WEST 57TH STREET SUITE 904
    NEW YORK,NY10019
      PC UNRESTRICTED FUNDS 10,150
    AM COMMITTEE FOR THE WEIZMANN INST OF SCIENCE
    633 3RD AVENUE 20TH FL
    NEW YORK,NY10017
      PC UNRESTRICTED FUNDS 277,500
    AMERICAN FRIENDS OF GALILEE MEDICAL CENTER
    PO BOX 789856
    PHILADELPHIA,PA19178
      PC UNRESTRICTED FUNDS 25,000
    AMERICAN ISRAEL EDUCATION FOUNDATION
    215 H STEERT NW
    WASHINGTON,DC20001
      PC UNRESTRICTED FUNDS 75,000
    AMERICAN UNIVERSITY
    PO BOX 96609
    WASHINGTON,DC20090
      PC UNRESTRICTED FUNDS 100,000
    AMERICAN UNIVERSITY (KERWIN FAMILY FUND)
    PO BOX 96609
    WASHINGTON,DC20090
      PC UNRESTRICTED FUNDS 100,000
    AMERICAN UNIVERSITY HILLEL
    4400 MASSACHUSETTS AVENUE NW
    WASHINGTON,DC20016
      PC UNRESTRICTED FUNDS 25,000
    ANTI-DEFAMATION LEAGUE
    605 THIRD AVENUE
    NEW YORK,NY10158
      PC UNRESTRICTED FUNDS 10,000
    ART WORKS NOW
    3711 RHODE ISLAND AVE
    MT RAINER,MD20712
      PC UNRESTRICTED FUNDS 833
    BALTIMORE CHILD ABUSE CENTER
    2300 NORTH CHARLES STREET
    BALTIMORE,MD21218
      PC UNRESTRICTED FUNDS 25,000
    BENDER JCC OF GREATER WASHINGON
    6125 MONTROSE ROAD
    ROCKVILLE,MD20852
      PC UNRESTRICTED FUNDS 1,667
    BEST BUDDIES INTERNATIONAL
    100 SE 2ND STREET SUITE 200
    MIAMI,FL33131
      PC UNRESTRICTED FUNDS 15,000
    BREM FOUNDATION TO DEFEAT BREAST CANCER
    PO BOX 1891
    PRINCE FREDERICK,MD20678
      PC UNRESTRICTED FUNDS 10,000
    BUONICONTI FOUNDATION TO CURE PARALYSIS
    1095 NW 14TH TERRACE
    MIAMI,FL33136
      PC UNRESTRICTED FUNDS 15,000
    CASEY CARES FOUNDATION
    3918 VERO ROAD SUITE C
    BALTIMORE,MD21227
      PC UNRESTRICTED FUNDS 1,500
    CENTER FOR ISRAEL STUDIES
    4400 MASS AVENUE NW
    WASHINGTON,DC20016
      PC UNRESTRICTED FUNDS 20,000
    CHABAD LUBAVITCH OF MD
    11621 SEVEN LOCKS ROAD
    POTOMAC,MD20854
      PC UNRESTRICTED FUNDS 15,000
    CHARLES E SMITH LIFE COMMUNITIES
    6121 MONTROSE ROAD
    NORTH BETHESDA,MD20852
      PC UNRESTRICTED FUNDS 2,500
    CHESAPEAKE BAY FOUNDATION
    6 HERNDON AVENUE
    ANNAPOLIS,MD21403
      PC UNRESTRICTED FUNDS 4,167
    CHILDREN'S CHARITIES FOUNDATION
    3000 K STREET NW SUITE 600
    WASHINGTON,DC20007
      PC UNRESTRICTED FUNDS 3,333
    CITY YEAR INC - WASHINGTON DC
    287 COLUMBUS AVE
    BOSTON,MA02116
      PC UNRESTRICTED FUNDS 15,000
    CLEVELAND CLINIC FOUNDATION
    3050 SCIENCE PARK DRIVE AC322
    BEACHWOOD,OH44122
      PC UNRESTRICTED FUNDS 50,000
    COLOMBIA LIGHTHOUSE FOR THE BLIND
    1825 K STREET NW SUITE 1103
    WASHINGTON,DC20006
      PC UNRESTRICTED FUNDS 1,667
    CONCUSSION LEGACY FOUNDATION
    230 2ND AVENUE SUITE 200
    WALTHAM,MA02451
      PC UNRESTRICTED FUNDS 1,500
    CONGREGATION B'NAI TZEDEK
    10621 SOUTH GLEN ROAD
    ROCKVILLE,MD20854
      PC UNRESTRICTED FUNDS 55,000
    COVENANT HOUSE
    461 EIGHT AVENUE
    NEW YORK,NY10001
      PC UNRESTRICTED FUNDS 1,000
    DISTRICT OF COLUMBIA COLLEGE ACCESS PROGRAM
    1400 L STREET NW SUITE 400
    WASHINGTON,DC20005
      PC UNRESTRICTED FUNDS 128,166
    DC CONSTRUCTION TRADES FOUNDATION
    4001 BRANDYWINE ST NW 4TH FLOOR
    WASHINGTON,DC20016
      PC UNRESTRICTED FUNDS 5,000
    DIRECT IMPACT FUND
    855 JEFFERSON AVE PO BOX 1329
    REDWOOD CITY,CA94063
      PC UNRESTRICTED FUNDS 100
    EXODUS INSTITUTE
    101 EISENHOWER PKY
    ROSELAND,NJ07068
      PC UNRESTRICTED FUNDS 25,000
    FAMILY EQUALITY COUNCIL
    475 PARK AVENUE SOUTH SUITE 2100
    NEW YORK,NY10016
      PC UNRESTRICTED FUNDS 10,000
    FISHER ISLAND PHILANTHROPIC FUND
    7957 FISHER ISLAND DRIVE
    FISHER ISLAND,FL33109
      PC UNRESTRICTED FUNDS 25,000
    FOOD FOR THE POOR
    6401 LYONS ROAD
    COCONUT CREEK,FL33073
      PC UNRESTRICTED FUNDS 3,000
    FOUNDATION FOR THE DEFENSE OF DEMOCRACIES
    1800 M ST NW SUITE 800 S
    WASHINGTON,DC20036
      PC UNRESTRICTED FUNDS 10,000
    FRIENDS OF CANCER RESEARCH
    1800 M ST NW 1050 SOUTH
    WASHINGTON,DC20036
      PC UNRESTRICTED FUNDS 25,000
    FRIENDS OF ISRAELI DEFENSE FORCES
    POBOX 395
    STEVENSON,MD21153
      PC UNRESTRICTED FUNDS 8,000
    GEORGE WASHINGTON UNIVERSITY
    2121 I STREET NW
    WASHINGTON,DC20052
      PC UNRESTRICTED FUNDS 50,000
    GOLDEN NETWORK
    PO BOX 10995
    SILVER SPRING,MD20914
      PC UNRESTRICTED FUNDS 3,000
    GREATER WASHINGTON COMMUNITY FOUNDATION
    1325 G STREET NW SUITE 480
    WASHINGTON,DC20005
      PC UNRESTRICTED FUNDS 2,500
    GREATER WASHINGTON COMMUNITY KOLLEL
    10900 LOCKWOOD DR
    SILVER SPRING,MD20901
      PC UNRESTRICTED FUNDS 1,000
    HARBOR SCHOOL
    7701 BRADLEY BLVD
    BETHESDA,MD20817
      PC UNRESTRICTED FUNDS 10,000
    HARBOR SCHOOL PARENTS ASSOCIATION
    7701 BRADLEY BLVD
    BETHESDA,MD20817
      PC UNRESTRICTED FUNDS 2,000
    HASBARA FELLOWSHIPS
    313 W 83RD STREET
    NEW YORK,NY10024
      PC UNRESTRICTED FUNDS 36,000
    HEIFETZ INTERNATIONAL MUSIC INSTITUTE
    107 EAST BEVERLEY ST
    STAUNTON,VA24401
      PC UNRESTRICTED FUNDS 40,000
    HISPANIC SCHOLARSHIP FUND
    1411 W 190TH STREET
    GARDENA,CA90248
      PC UNRESTRICTED FUNDS 2,500
    ISRAEL GUIDE DOG CENTER FOR THE BLIND
    968 EASTON ROAD SUITE H
    WARRINGTON,PA18976
      PC UNRESTRICTED FUNDS 20,000
    JEWISH COMMUNITY RELATIONS COUNCIL OF GW
    6101 MONTROSE ROAD 205
    ROCKVILLE,MD20852
      PC UNRESTRICTED FUNDS 20,000
    JEWISH COUNCIL FOR THE AGING
    12320 PARKLAWN DRIVE
    ROCKVILLE,MD20852
      PC UNRESTRICTED FUNDS 2,050
    JEWISH FEDERATION OF GREATER WASHINGTON
    6101 EXECUTIVE ROAD SUITE 100
    ROCKVILLE,MD20852
      PC UNRESTRICTED FUNDS 116,667
    JEWISH INSTITUTE OF NATIONAL SECURITY
    1101 14 ST NW SUITE 1030
    WASHINGTON,DC20005
      PC UNRESTRICTED FUNDS 18,000
    JEWISH NATIONAL FUND
    42ND EAST 19TH STREET
    NEW YORK,NY10021
      PC UNRESTRICTED FUNDS 8,333
    JUVENILE DIABETES RESEARCH FOUNDATION
    1400 K STREET NW725
    WASHINGTON,DC20005
      PC UNRESTRICTED FUNDS 1,667
    KENNEDY CENTER
    2700 F STREET NW
    WASHINGTON,DC20566
      PC UNRESTRICTED FUNDS 10,000
    KOMEN WASHINGTON DC RACE FOR THE CURE
    PO BOX 955291
    DALLAS,TX75395
      PC UNRESTRICTED FUNDS 2,500
    MADDUX SCHOOL
    11614 SEVEN LOCKS ROAD
    ROCKVILLE,MD20854
      PC UNRESTRICTED FUNDS 19,410
    MAIN STREET CONNECT
    6200 POINDEXTER LANE
    ROCKVILLE,MD20852
      PC UNRESTRICTED FUNDS 300
    MCPS EDUCATIONAL FOUNDATION
    850 HUNGERFORD DRIVE ROOM 149
    ROCKVILLE,MD20850
      PC UNRESTRICTED FUNDS 10,500
    MEADOWBROOK FOUNDATION
    8200 MEADOWBROOK LANE
    CHEVY CHASE,MD20815
      PC UNRESTRICTED FUNDS 500
    MEDSTAR NATIONAL REHABILIATION NETWORK
    102 IRVING STREET NW
    WASHINGTON,DC20010
      PC UNRESTRICTED FUNDS 50,000
    MEMORIAL SLOAN KETTERING
    1275 YORK AVENUE
    NEW YORK,NY10065
      PC UNRESTRICTED FUNDS 2,000
    MERLIN'S KIDS
    PO BOX 21
    MIDLAND PARK,NJ07432
      PC UNRESTRICTED FUNDS 5,000
    MESIVTA NE'IMUS HATORAH
    6104 PARK HEIGHTS AVENUE
    BALTIMORE,MD21215
      PC UNRESTRICTED FUNDS 15,000
    MIAMI MUSIC PROJECT
    1300 BISCAYNE BLVD
    MIAMI,FL33132
      PC UNRESTRICTED FUNDS 1,000
    MICHAEL MOSIER DEFEAT DIPG FDTN
    POBOX 34277
    BETHESDA,MD20827
      PC UNRESTRICTED FUNDS 28,650
    MPN RESEARCH FOUNDATION
    180 NORTH MICHIGAN AVENUESUITE 1870
    CHICAGO,IL60601
      PC UNRESTRICTED FUNDS 5,000
    NATIONAL CENTER FOR MISSING & EXPLOITED CHILDREN
    333 JOHN CARLYLE STREET SUITE 125
    ALEXANDRIA,VA22314
      PC UNRESTRICTED FUNDS 21,212
    NATIONAL INSTITUTE FOR COCKAYNE SYNDROME INC
    6202 SWORDS WAY
    BETHESDA,MD20817
      PC UNRESTRICTED FUNDS 5,000
    NORWOOD SCHOOL
    8821 RIVER ROAD
    BETHESDA,MD20817
      PC UNRESTRICTED FUNDS 14,500
    NOURISH NOW
    1111 TAFT STREET
    ROCKVILLE,MD20850
      PC UNRESTRICTED FUNDS 1,000
    OPERATION EMBRACE
    350-C FORTUNE TERRACE PBB 209
    POTOMAC,MD20854
      PC UNRESTRICTED FUNDS 10,000
    PLAY FOR PINK
    28 WEST 44TH ST SUITE 609
    NEW YORK,NY10036
      PC UNRESTRICTED FUNDS 600
    PROJECT MEDISHARE
    8260 NE 2ND AVENUE
    MIAMI,FL33138
      PC UNRESTRICTED FUNDS 25,000
    RACE FOR HOPE DC
    1717 RHODE ISLAND AVENUE NW SUITE
    700
    WASHINGTON,DC20036
      PC UNRESTRICTED FUNDS 6,000
    RABBINICAL SEMINARY
    7601 147TH ST
    FLUSHING,NY11367
      PC UNRESTRICTED FUNDS 12,000
    SAVE A CHILD'S HEART
    PO BOX 59172
    POTOMAC,MD20859
      PC UNRESTRICTED FUNDS 10,000
    SAVE THE CHILDREN FEDERATION
    501 KINGS HWY E 400
    FAIRFIELD,CT06825
      PC UNRESTRICTED FUNDS 10,000
    SLABODKA YESHIVA
    933 50TH STREET
    BROOKLYN,NY11219
      PC UNRESTRICTED FUNDS 100
    SHATTERPROOF
    101 MERRIT 7 1ST FLOOR
    NORWALK,CT06851
      PC UNRESTRICTED FUNDS 500
    SOS INTERNATIONAL
    101 WOOTON PARKWAY SUITE 530
    ROCKVILLE,MD20852
      PC UNRESTRICTED FUNDS 25,000
    STRATHMORE HALL FOUNDATOIN
    5301 TUCKERMAN LANE
    NORTH BETHESDA,MD20852
      PC UNRESTRICTED FUNDS 2,893
    SPECIAL OLYMPICS
    1133 19TH ST NW
    WASHINGTON,DC20036
      PC UNRESTRICTED FUNDS 5,000
    SUBURBAN HOSPITAL FOUNDATION
    8600 OLD GEORGETOWN ROAD
    BETHESDA,MD20814
      PC UNRESTRICTED FUNDS 105,000
    SUNFLOWER BAKERY
    8507 ZIGGY LANE
    GAITHERSBURG,MD20877
      PC UNRESTRICTED FUNDS 1,000
    THE HOLTON ARM SCHOOL
    7303 RIVER ROAD
    BETHESDA,MD20817
      PC UNRESTRICTED FUNDS 10,000
    TORAH SCHOOL OF GREATER WASHTINGTON
    2010 LINDEN LANE
    SILVER SPRING,MD20910
      PC UNRESTRICTED FUNDS 15,000
    US HOLOCAUST MEMORIAL MUSEUM
    100 RAOUL WALLENBERG PLACE SW
    WASHINGTON,DC20024
      PC UNRESTRICTED FUNDS 30,333
    US SUPPORTERS OF THE LONE SOLDIER CENTER
    1500 BROADWAY SUITE 903
    NEW YORK,NY10036
      PC UNRESTRICTED FUNDS 5,000
    WASHINGTON NATIONALS DREAM FOUNDATION
    1500 S CAPITOL STREET SE
    WASHINGTON,DC20003
      PC UNRESTRICTED FUNDS 28,500
    WASHINGTON NATIONALS YOUTH BASEBALL ACADEMY
    1500 SOUTH CAPITAL STREET SE
    WASHINGTON,DC20003
      PC UNRESTRICTED FUNDS 18,334
    WASHINGTON PROJECT FOR THE ARTS
    2124 8TH STREET NW
    WASHINGTON,DC20001
      PC UNRESTRICTED FUNDS 2,340
    WOMEN'S JUSTICE NOW
    1100 H ST NW STE 300
    WASHINGTON,DC20005
      PC UNRESTRICTED FUNDS 1,000
    Total .................................bullet 3a 2,008,839
    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 ...........
        14 1,000,176  
    4 Dividends and interest from securities....     14 572,762  
    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.....     18 50,046  
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 990,173  
    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 2,613,157 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,613,157
    (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 (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 GARY AND PENNIE ABRAMSON CHARITABLE
     
    FOUNDATION
    EIN:
    52-2102799
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING EXPENSES 263 263   0

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE GARY AND PENNIE ABRAMSON CHARITABLE
     
    FOUNDATION
    EIN:
    52-2102799
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 19,087,451 20,559,449

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE GARY AND PENNIE ABRAMSON CHARITABLE
     
    FOUNDATION
    EIN:
    52-2102799
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN PARTNERSHIP AT COST 331,105 270,143
    STATE OF ISRAEL BONDS AT COST 252,500 252,500

    TY 2018 LegalFeesSchedule
    Name:
    THE GARY AND PENNIE ABRAMSON CHARITABLE
     
    FOUNDATION
    EIN:
    52-2102799
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,026 1,026   0


    TY 2018 OtherExpensesSchedule
    Name:
    THE GARY AND PENNIE ABRAMSON CHARITABLE
     
    FOUNDATION
    EIN:
    52-2102799
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSES 11,587 11,587   0
    BROKER FEES 85,091 85,091   0
    NON DEDUCTIBLE EXPENSES 22 0   0
    OTHER FLOW THROUGH DEDUCTION 46,198 46,198   0


    TY 2018 OtherIncomeSchedule2
    Name:
    THE GARY AND PENNIE ABRAMSON CHARITABLE
     
    FOUNDATION
    EIN:
    52-2102799
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FROM PASS-THROUGH ENTITIES 50,046 50,046 0


    TY 2018 OtherIncreasesSchedule
    Name:
    THE GARY AND PENNIE ABRAMSON CHARITABLE
     
    FOUNDATION
    EIN:
    52-2102799
    Description Amount
    INCREASE TO FUND BALANCE 71


    TY 2018 TaxesSchedule
    Name:
    THE GARY AND PENNIE ABRAMSON CHARITABLE
     
    FOUNDATION
    EIN:
    52-2102799
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 9,749 9,749   0
    TAXES AND LICENSES 30,000 0   0