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 AZEEZ FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2187 MARSEILLE DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALM BEACH GARDENS, FL33410
A Employer identification number

23-2967146
B Telephone number (see instructions)

(609) 646-9400
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$14,273,427J 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... 221,336 213,828  
5a Gross rents............ 76,410 76,410  
b Net rental income or (loss) 32,367
6a Net gain or (loss) from sale of assets not on line 10 341,694
b Gross sales price for all assets on line 6a 7,138,642
7 Capital gain net income (from Part IV, line 2)... 341,694
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........ 639,440 631,932  
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).........        
b Accounting fees (attach schedule)....... Click to see attachment 10,270 270   0
c Other professional fees (attach schedule)....        
17 Interest............... 43,648 43,648   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 25,034 5,034   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 319,463 272,703   -19,909
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 398,415 321,655   -19,909
25 Contributions, gifts, grants paid....... 801,045 801,045
26 Total expenses and disbursements. Add lines 24 and 25 1,199,460 321,655   781,136
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -560,020
b Net investment income (if negative, enter -0-) 310,277
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......... 2,150,269 712,021 712,021
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   32,400    
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 4,195,833 Click to see attachment1,223,491 1,050,495
c Investments—corporate bonds (attach schedule)....... 571,097 Click to see attachment585,236 576,289
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet   86,023    
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,679,107 Click to see attachment6,717,306 11,934,622
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) 9,714,729 9,238,054 14,273,427
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) Click to see attachment5,218,225 Click to see attachment4,060,164
23 Total liabilities (add lines 17 through 22)......... 5,218,225 4,060,164
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........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 4,496,504 5,177,890
30 Total net assets or fund balances (see instructions)..... 4,496,504 5,177,890
31 Total liabilities and net assets/fund balances (see instructions). 9,714,729 9,238,054
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
4,496,504
2
Enter amount from Part I, line 27a .....................
2
-560,020
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,327,429
4
Add lines 1, 2, and 3 ..........................
4
5,263,913
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
86,023
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
5,177,890
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 CATALYST INVESTORS II, LP P    
b CMS PROCACCIANTI HOTEL OPPORTUNITY FUND II-Q P    
c NB STRATEGIC CO-INVESTMENT PARTNERS III LP P    
d ZCA NICHE CREDIT OPPORTUNITIES FUND, L.P. P    
e OSP VALUE FUND II, LP P    
ZCA GLOBAL EQUITY STRATEGY P    
PUBLICLY TRADED SECURITIES P    
CMS KRG CAPITAL FUND III LP 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 17,807     17,807
b     561 -561
c 8,321     8,321
d     2,033 -2,033
e 10,605     10,605
    370,843 -370,843
7,098,273   6,423,511 674,762
3,636     3,636
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       17,807
b       -561
c       8,321
d       -2,033
e       10,605
      -370,843
      674,762
      3,636
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 2 341,694
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 697,922 14,534,824 0.048017
2016 722,789 14,731,443 0.049064
2015 663,892 15,185,488 0.043719
2014 593,696 15,407,303 0.038533
2013 613,642 12,676,461 0.048408
2
Total of line 1, column (d) .....................
2
0.227741
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
0.045548
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
14,648,190
5
Multiply line 4 by line 3......................
5
667,196
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,103
7
Add lines 5 and 6........................
7
670,299
8
Enter qualifying distributions from Part XII, line 4,.............
8
781,136
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 3,103
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 3,103
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 3,103
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 26,405
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 41,405
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 38,302
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet10,000 RefundedBullet 11 28,302
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletFL
    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 ofbulletFOUNDATION Telephone no.bullet (609) 646-9400

    Located atbullet2187 MARSEILLE DRIVEPALM BEACH GARDENSFL ZIP+4bullet33410
    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
    MICHAEL AZEEZ PRESIDENT/CHAIRMAN
    2.00     		0 0 0
    2187 MARSEILLE DRIVE
    PALM BEACH GARDENS,FL33410
    KATHLEEN AZEEZ SECRETARY
    1.00     		0 0 0
    2187 MARSEILLE DRIVE
    PALM BEACH GARDENS,FL33410
    ANNE AZEEZ TREASURER
    0.00     		0 0 0
    171 VILLAGE BLVD
    INCLINE VILLAGE,NV89450
    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
    4,540,728
    b
    Average of monthly cash balances.......................
    1b
    578,836
    c
    Fair market value of all other assets (see instructions)................
    1c
    9,751,695
    d
    Total (add lines 1a, b, and c).........................
    1d
    14,871,259
    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
    14,871,259
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    223,069
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    14,648,190
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    732,410
    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
    732,410
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    3,103
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,103
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    729,307
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    20,000
    5
    Add lines 3 and 4............................
    5
    749,307
    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
    749,307
    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
    781,136
    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
    781,136
    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
    3,103
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    778,033
    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 7 749,307
    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......  
    c From 2015......  
    d From 2016...... 6,644
    e From 2017......  
    fTotal of lines 3a through e........ 6,644
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 781,136
    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..... 749,307
    e Remaining amount distributed out of corpus 31,829
    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 38,473
    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 ......     		38,473
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016.... 6,644
    d Excess from 2017....  
    e Excess from 2018.... 31,829
    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).)
    MICHAEL AZEEZ
    KATHLEEN AZEEZ
    ANNE AZEEZ
    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
    ACTING WITHOUT BOUNDARIES
    750 E HAVERFORD ROAD
    BRYN MAWR,PA19010     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500
    ALPERT JEWISH FAMILY AND CHILDREN SERVICES
    PO BOX 220627
    WEST PALM BEACH,FL33422     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000
    AMERICAN CANCER SOCIETY
    PO BOX 22478
    OKLAHOMA CITY,OK73123     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    AMERICAN FRIENDS OF IDC HERZLIYA
    116 16TH STREET 11TH FLOOR
    NEW YORK,NY10003     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000
    AMERICAN FRIENDS OF LIBI
    45 BARTLETT CRESCENT
    BROOKLINE,MA02446     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,000
    AMERICAN LEGION POST 524
    4562 WEST AVE
    OCEAN CITY,NJ08226     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500
    BETH EL SYNAGOGUE
    PO BOX 3133
    MARGATE,NJ08402     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 16,000
    BIG BROTHERS BIG SISTERS ATLANTIC COUNTY
    450 TILTON ROAD SUITE 214
    NORTHFIELD,NJ08225     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000
    BIG HOLE WATERSHED COMMITTEE
    PO BOX 21
    DIVIDE,MT59727     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 500
    BOARD OF JEWISH EDUCATION OF ATLANTIC COUNTY INC
    501 N JEROME AVE
    MARGATE,NJ08402     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    BOYS AND GIRLS CLUB OF WEST PALM BEACH
    800 NORTHPOINT PARKWAY SUITE 204
    WEST PALM BEACH,FL33407     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000
    CAMERA
    PO BOX 35040
    BOSTON,MA02135     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000
    CULTURAL COUNCIL OF PALM BEACH
    601 LAKE AVENUE
    LAKE WORTH,FL33640     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    CYSTIC FIBROSIS FOUNDATION
    4550 MONTGOMERY AVE SUITE 1100 N
    BETHESDA,MD20814     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    DUCKS UNLIMITED
    PO BOX 421826
    PALM COAST,FL32142     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 500
    ECOFLIGHT
    307 ASPEN AIRPORT BUSINESS CENTER
    SUITE L
    ASPEN,CO81611     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 28,750
    FREEDOMS FOUNDATION
    PO BOX 67
    VALLEY FORGE,PA19481     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000
    FRENCHMEN'S CREEK CHARITIES FOUNDATION
    13495 TOURNAMENT DRIVE
    PALM BEACH GARDENS,FL33410     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    FRIENDS OF ASOR FUND USA INC
    24 HEBRON RD JVP MEDIA QUARTER
    JERUSALEM   91087
    IS     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    FRIENDS OF YEMIN ORDE
    4340 EAST-WEST HIGHWAY SUITE 202
    BETHESDA,NJ20814     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 184,750
    GARDEN STATE COUNCIL BOY SCOUTS OF AMERICA
    693 RANCOCAS ROAD
    WESTHAMPTON,NJ08060     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    GATESTONE INSTITUTE
    14 E 60TH ST
    NEW YORK,NY10022     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    HEAD OF THE RIVER CHURCH
    PO BOX 337
    TUCKAHOE,NJ08250     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,000
    HILLEL OF BROWARD & PALM BEACH COUNTY
    777 GLADES ROAD
    BOCA RATON,FL33431     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    INSPIRA HEALTH NETWORK FOUNDATION
    2950 COLLEGE DR SUITE 1F
    VINELAND,NJ08360     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 6,500
    ISRAEL PROJECT INC
    PO BOX 27999
    WASHINGTON,DC20038     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    ISRAEL TENNIS CENTERS FOUNDATION
    2151 W HILLSBORO BOULEVARD SUITE
    100
    DEERFIELD BEACH,FL33442     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    JEROME GOLDEN CENTER
    1041 45TH STREET
    WEST PALM BEACH,FL33407     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000
    JEWISH FAMILY SERVICES
    607 N JEROME AVENUE
    MARGATE,NJ08402     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000
    JEWISH FEDERATION OF ATLANTIC AND CAPE MAY COUNTY
    501 N JEROME AVE
    MARGATE,NJ08402     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000
    JEWISH NATIONAL FUND
    900 CLINT MOORE RD 128
    BOCA RATON,FL33487     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 15,000
    JOHN R ELLIOT FOUNDATION
    PO BOX 700
    SOMERS POINT,NJ08244     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    JUPITER MEDICAL CENTER FOUNDATION
    1210 SOUTH OLD DIXIE HIGHWAY
    JUPITER,FL33458     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    LEUKEMIA & LYMPHOMA SOCIETY
    3230 COMMERCE PLACE SUITE B
    WEST PALM BEACH,FL33407     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,100
    LOYOLA UNIVERSITY
    4501 N CHARLES ST
    BALTIMORE,MD21210     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 7,500
    MAGEE REHABILITATION FOUNDATION
    1513 RACE ST
    PHILADELPHIA,PA19102     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000
    MAKE A WISH FOUNDATION
    4 VALLEY SQUARE 210
    BLUE BELL,PA19422     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    MARINE CORP SCHOLARSHIP FOUNDATION INC
    909 N WASHINGTON STREET SUITE 400
    ALEXANDRIA,VA22314     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    MUSEUM OF JEWISH HISTORY OF WOODBINE
    610 WASHINGTON AVE
    WOODBINE,NJ08270     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,455
    NATIONAL MS SOCIETY
    30 S 17TH STREET SUITE 800
    PHILADELPHIA,PA19103     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,000
    NATURE CONSERVANCY OF FLORIDA
    2500 MAITLAND CENTER PARKWAY SUITE
    311
    MAITLAND,FL32751     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500
    PALM BEACH COUNTY FOOD BANK
    525 GATOR DRIVE
    LANTANA,FL33462     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500
    PALM BEACH GARDENS POLICE AND FIRE
    10500 N MILITARY TRL
    PALM BEACH GARDENS,FL33410     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 500
    PALM BEACH POLICE FOUNDATION
    PO BOX 242
    PALM BEACH,FL33480     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 20,000
    PURPLE MOUNTAIN INSTITUTE
    120 S HOUGHTON ROAD SUITE 138
    TUCSON,AZ85748     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 50,000
    RANDOLPH MACON COLLEGE
    114 COLLEGE AVENUE
    ASHLAND,VA23005     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    ROBERT SHARON CHORALE
    PO BOX 26
    PALM BEACH,FL33402     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 3,600
    SALVATION ARMY
    615 SLATERS LANE BOX 269
    ALEXANDRIA,VA22313     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    SANTA BARBARA FORESTERS
    4299 CARPINTERIA AVE 201
    CARPINTERIA,CA93013     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000
    SANTA BARBARA MIDDLE SCHOOL
    1321 ALAMEDA PADRE SERRA
    SANTA BARBARA,CA93103     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000
    SCRIPPS RESEARCH INSTITUE
    130 SCRIPPS WAY
    JUPITER,FL33458     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500
    SHEPARDS OF YOUTH CHARITABLE TRUST
    641 SHUNPIKE ROAD
    CHATHAM,NJ07928     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    SHORE MEMORIAL HEALTH FOUNDATION INC
    1 EAST NEW YORK AVENUE
    SOMERS POINT,NJ08244     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 11,000
    ST MALACHY SCHOOL
    1012 WEST THOMPSON STREET
    PHILADELPHIA,PA19122     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500
    STOCKTON UNIVERSITY FOUNDATION
    101 VERA KING FARRIS DRIVE
    GALLOWAY,NJ08205     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 59,742
    TEMPLE BETH AM
    2250 CENTRAL BLVD
    JUPITER,FL33458     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 26,000
    THE HANSEN FOUNDATION
    1501 N ALBANY AVENUE
    ATLANTIC CITY,NJ08401     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 3,500
    TOWN OF PALM BEACH UNITED WAY
    44 COCOANUT ROW
    PALM BEACH,FL33480     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000
    TUCKAHOE VOLUNTEER FIRE DEPTARTMENT
    BOX 246
    TUCKAHOE,NJ08250     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    US HOLOCAUST MEMORIAL MUSEUM
    100 RAOUL WALLENBERG PLACE SW
    WASHINGTON,DC20024     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 33,000
    UNIVERSITY OF DENVER
    2190 E ASHBURY AVENUE
    DENVER,CO80208     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 100,000
    UPPER TOWNSHIP RESCUE SQUAD
    2028 ROUTE 631
    WOODBINE,NJ08270     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,000
    VETRI FOUNDATION
    1113 ADMIRAL PEARY WAY QUARTERS N
    PHILADELPHIA,PA19112     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500
    VILNA SHUL
    18 PHILLIPS ST BEACON HILL
    BOSTON,MA02114     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000
    WEIZMANN INSTITUTE
    200 S PARK ROAD 405
    HOLLYWOOD,FL33021     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 5,000
    WOODBINE SCHOOL DISTRICT
    801 WEBSTER STREET
    WOODBINE,NJ08270     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 150
    WORLD CENTRAL KITCHEN
    1875 CONNECTICUT AVE NW 10TH FLOOR
    WASHINGTON,DC20009     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,700
    WPBT2
    PO BOX 610002
    MIAMI,FL33261     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    INSIGHT THROUGH EDUCATION
    PO BOX 33054
    PALM BEACH GARDENS,FL33420     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500
    MALTZ JUPITER THEATER
    1001 E INDIANTOWN RD
    JUPITER,FL33477     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500
    NATIONAL WWII MUSEUM
    945 MAGAZINE ST
    NEW ORLEANS,LA70130     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 500
    ROCKY MOUNTAIN ELK FOUNDATION
    5705 GRANT CREEK ROAD
    MISSOULA,MT59808     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 500
    MESSIAH LUTHERAN CHURCH
    2298 US 9
    CAPE MAY COURT HOUSE,NJ08210     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 500
    NATIONAL CENTER ON ADDICTION
    633 3RD AVE
    NEW YORK,NY10017     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000
    BOYS AND GIRLS CLUB OF PALM BEACH COUNTY
    905 DREXEL RD
    WEST PALM BEACH,FL33413     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 6,000
    JEWISH CAMPS OF THE ARTS
    844 PROSPERITY FARMS RD
    NORTH PALM BEACH,FL33408     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    NATIONAL JEWISH HEALTH
    PO BOX 17169
    DENVER,CO80217     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 10,000
    COMMUNITY FOOD BANK OF NJ-SOUTHERN BRANCH
    6735 BLACK HORSE PIKE
    EHT,NJ08234     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 37,403
    PHILADELPHIA JEWISH AMERICAN CENTER
    101 S INDEPENDENCE MALL E
    PHILADELPHIA,PA19106     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    PENNIES IN ACTION
    3100 DUTTON MILL ROAD
    ASTON,PA19014     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    RABBI SUSAN SCHEIN
    19 HAWTHORNE DR UNIT 126
    NEW LONDON,CT06320     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 4,395
    BACHARACH INSTITUTE FOR REHABILITATION
    PO BOX 723
    POMONA,NJ08240     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500
    NATURE CONSERVANCY OF MONTANA
    40 E MAIN ST SUITE 200
    BOZEMAN,MT59715     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 2,500
    PALM BEACH GARDENS FIRE DEPT
    4425 BURNS ROAD
    PALM BEACH GARDENS,FL33410     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 500
    SMILE TRAIN
    633 THIRD AVENUE 9TH FLOOR
    NEW YORK,FL10017     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 500
    MONMOUTH COUNTY SPCA
    260 WALL ST
    EATONTOWN,NJ07724     		NONE PC GENERAL FUND CONTRIBUTION FOR ENTITY'S CHARITABLE PURPOSE 1,000
    Total .................................bullet 3a 801,045
    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....     14 221,336  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property...... 525990 32,367      
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income..... 525990        
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 341,694  
    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).. 32,367 563,030 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    595,397
    (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 AZEEZ FOUNDATION
    EIN:
    23-2967146
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 10,000 0   0
    ACCOUNTING FEES 270 270   0

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE AZEEZ FOUNDATION
    EIN:
    23-2967146
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CHARLES SCHWAB 5255 585,236 576,289

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE AZEEZ FOUNDATION
    EIN:
    23-2967146
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CHARLES SCHWAB 1083 1,105,308 944,819
    CHARLES SCHWAB 4334 118,183 105,676

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE AZEEZ FOUNDATION
    EIN:
    23-2967146
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    LANX OFFSHORE PARTNERS AT COST 150,000 1,004,090
    CATALYST INVESTORS II, LP AT COST 310,360 680,740
    MINDFUL INVESTORS AT COST 11,380 213,331
    HARVEY SMIDCAP OFFSHORE FUND LTD AT COST 510,000 1,044,783
    V-COMM AT COST 200,000 200,000
    NB STRATEGIC CO-INVESTMENT PARTNERS III LP AT COST 307,080 398,883
    ZCA NICHE CREDIT OPPORTUNITIES FUND, L.P. AT COST 462,070 442,591
    OSP VALUE FUND AT COST 167,278 192,230
    ZCA PRIVATE INVESTMENT FUND AT COST 277,329 290,617
    ZCA GTI AT COST 234,763 453,409
    MOAB PARTNERS OFFSHORE INTL AT COST 500,000 509,278
    ST ANDREWS INVESTMENT PARTNERSHIP AT COST 0 1,250,000
    CMS PROCACCIANTI HOTEL OPPORTUNITY FUND AT COST 0 20,165
    RADNOR CROSSING INVESTORS AT COST 0 1,150,000
    COMVEST CAPITAL INTL AT COST 0 144,927
    ACROMETIS AT COST 0 375,000
    ZCA GLOBAL EQUITY STRATEGY AT COST 3,096,304 2,888,417
    NEW ERA CAPITAL PARTNERS AT COST 202,520 213,661
    SA SOFTWARE PARTNERS LLC AT COST 288,222 462,500

    TY 2018 OtherDecreasesSchedule
    Name:
    THE AZEEZ FOUNDATION
    EIN:
    23-2967146
    Description Amount
    TO ADJUST FOR PRIOR YEAR CONTRIBUTIONS MADE 86,023


    TY 2018 OtherExpensesSchedule
    Name:
    THE AZEEZ FOUNDATION
    EIN:
    23-2967146
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 53,614 53,614   0
    INVESTMENT INTEREST EXPENSE 3,914 3,914   0
    PORTFOLIO DEDUCTIONS 55,435 0   0
    CHARITABLE CONTRIBUTIONS 91 0   91
    MISCELLANEOUS 10,994 0   0
    BANK FEES 240 0   0
    NET RENTAL LOSS FROM PARTNERSHIPS 107,601 107,601   0
    RETURNED CONTRIBUTION -20,000 0   -20,000
    NET LOSS FROM PARTNERSHIPS 107,563 107,563   0
    OFFICE SUPPLIES 11 11   0


    TY 2018 OtherIncreasesSchedule
    Name:
    THE AZEEZ FOUNDATION
    EIN:
    23-2967146
    Description Amount
    TO ADJUST RADNOR CROSSING INVESTORS LP 1,327,429


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE AZEEZ FOUNDATION
    EIN:
    23-2967146
    Description Beginning of Year - Book Value End of Year - Book Value
    RADNOR CROSSING INVESTORS 3,819,014 2,655,733
    ST ANDREWS INVESTMENT PARTNERSHIP 1,252,263 1,284,660
    CMS PROCACCIANTI HOTEL OPPORTUNITY FUND 66,174 33,865
    COMVEST CAPITAL INTL 80,774 85,906


    TY 2018 TaxesSchedule
    Name:
    THE AZEEZ FOUNDATION
    EIN:
    23-2967146
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 20,000 0   0
    FOREIGN TAXES 4,920 4,920   0
    FILING FEES 114 114   0