TY 2017 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
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Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0052

2019

Open to Public Inspection

For calendar year 2019, or tax year beginning 08-01-2017 , and ending 07-31-2018

Name of foundation
UNITED VISION FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)24 LINK DRIVE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
ROCKLEIGH, NJ07647

A Employer identification number

91-1924248

B Telephone number (see instructions)

(201) 750-5650

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$20,807,935J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	49,569		49,569
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		145,906
b	Gross sales price for all assets on line 6a 1,488,815
7	Capital gain net income (from Part IV, line 2)...			145,906
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).......		3,105,064	125,169
12	Total. Add lines 1 through 11........	3,300,539		320,644
13	Compensation of officers, directors, trustees, etc.	77,902		13,748	47,521
14	Other employee salaries and wages......	36,000		0	0
15	Pension plans, employee benefits.......	6,075		0	3,706
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............	25,771		0	0
18	Taxes (attach schedule) (see instructions)...		18,696	6,067	5,176
19	Depreciation (attach schedule) and depletion...		561	0
20	Occupancy..............
21	Travel, conferences, and meetings.......	45,310		0	45,310
22	Printing and publications..........
23	Other expenses (attach schedule).......		50,674	36,293	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	260,989		56,108	101,713
25	Contributions, gifts, grants paid.......	204,500			204,500
26	Total expenses and disbursements. Add lines 24 and 25	465,489		56,108	306,213
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	2,835,050
b	Net investment income (if negative, enter -0-)			264,536
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2019)

Form 990-PF (2019)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	250,660	298,905	298,905
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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) 11,272,999
		Less: allowance for doubtful accounts 0	11,311,888	11,272,999	11,272,999
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	3,857,118	3,326,437	3,326,437
	14	Land, buildings, and equipment: basis 1,128,212
		Less: accumulated depreciation (attach schedule) 4,098	1,124,675	1,124,114	1,124,114
	15	Other assets (describe )	4,869,480	4,785,480	4,785,480
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	21,413,821	20,807,935	20,807,935
	17	Accounts payable and accrued expenses..........	16,502	11,577
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......	3,807,868
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	3,824,370	11,577
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	17,589,451	20,796,358
	30	Total liabilities and net assets/fund balances (see instructions).	21,413,821	20,807,935

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............

17,589,451

Enter amount from Part I, line 27a .....................

2,835,050

Other increases not included in line 2 (itemize) bullet

427,961

Add lines 1, 2, and 3 ..........................

20,852,462

Decreases not included in line 2 (itemize) bullet

56,104

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

20,796,358

Form 990-PF (2019)

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	PRDNTL SHT TRM CORP BD Z	P	2017-09-29	2017-10-20
b	CONSUMER DISCRETIONARY	P	2016-03-08	2018-03-06
c	CONSUMER DISCRETIONARY	P	2016-02-24	2018-03-06
d	CONSUMER DISCRETIONARY	P	2016-02-17	2018-03-06
e	CONSUMER DISCRETIONARY	P	2016-02-16	2018-03-06
	CONSUMER DISCRETIONARY	P	2016-02-01	2018-03-06
	CONSUMER DISCRETIONARY	P	2016-03-21	2018-03-28
	CONSUMER DISCRETIONARY	P	2016-03-08	2018-03-28
	CONSUMER DISCRETIONARY	P	2016-03-21	2018-06-21
	FIRST TR EXCHANGE TRADED	P	2016-01-25	2018-03-06
	FIRST TR EXCHANGE TRADED	P	2015-12-31	2018-03-06
	FIRST TR EXCHANGE TRADED	P	2015-12-29	2018-03-06
	FIRST TR EXCHANGE TRADED	P	2015-12-23	2018-03-06
	FIRST TR EXCHANGE TRADED	P	2015-12-17	2018-03-06
	FIRST TR EXCHANGE TRADED	P	2016-02-01	2018-06-21
	FIRST TR EXCHANGE TRADED	P	2016-01-25	2018-06-21
	FIRST TRUST CLOUD	P	2016-03-21	2018-03-06
	FIRST TRUST CLOUD	P	2016-03-08	2018-03-06
	FIRST TRUST CLOUD	P	2016-02-24	2018-03-06
	FIRST TRUST CLOUD	P	2016-02-17	2018-03-06
	FIRST TRUST CLOUD	P	2016-02-01	2018-03-06
	FIRST TRUST CLOUD	P	2016-01-25	2018-03-06
	FIRST TRUST CLOUD	P	2015-12-31	2018-03-06
	FIRST TRUST CLOUD	P	2015-12-29	2018-03-06
	FIRST TRUST CLOUD	P	2015-12-23	2018-03-06
	FIRST TRUST CLOUD	P	2015-12-17	2018-03-06
	HEALTH CARE SELECT SPDR	P	2016-02-17	2017-12-05
	HEALTH CARE SELECT SPDR	P	2016-02-01	2017-12-05
	HEALTH CARE SELECT SPDR	P	2016-02-17	2018-03-06
	ISHARES MSCI CDA ETF	P	2017-04-27	2018-06-21
	ISHARES MSCI SWEDEN	P	2017-04-27	2018-06-21
	ISHARES MSCI SWITZERLAND	P	2017-04-27	2018-06-21
	ISHARES MSCI U K ETF SHS	P	2017-04-27	2018-06-21
	ISHARES NASDAQ BIOTECH	P	2015-12-29	2017-12-05
	ISHARES NASDAQ BIOTECH	P	2015-12-23	2017-12-05
	ISHARES NASDAQ BIOTECH	P	2015-12-17	2017-12-05
	ISHARES NASDAQ BIOTECH	P	2016-02-01	2018-03-06
	ISHARES NASDAQ BIOTECH	P	2016-01-25	2018-03-06
	ISHARES NASDAQ BIOTECH	P	2015-12-31	2018-03-06
	ISHARES NASDAQ BIOTECH	P	2015-12-29	2018-03-06
	SECTOR SPDR ENERGY	P	2016-09-23	2017-12-05
	SECTOR SPDR ENERGY	P	2016-03-21	2017-12-05
	SECTOR SPDR ENERGY	P	2016-03-21	2017-12-05
	SECTOR SPDR ENERGY	P	2016-09-23	2018-06-21
	VANGUARD INDUSTRIAL ETF	P	2016-02-01	2017-12-05
	VANGUARD INFORMATION	P	2016-02-24	2018-03-06
	VANGUARD INFORMATION	P	2016-02-17	2018-03-06
	VANGUARD INFORMATION	P	2016-02-24	2018-06-21
	VANGUARD MATERIALS ETF	P	2016-02-24	2018-03-28
	VANGUARD MATERIALS ETF	P	2016-02-17	2018-03-28
	VANGUARD MATERIALS ETF	P	2016-02-01	2018-03-28
	VANGUARD MATERIALS ETF	P	2016-01-25	2018-03-28
	VANGUARD MATERIALS ETF	P	2015-12-31	2018-03-28
	FIRST TRUST CLOUD	P	2017-10-24	2018-03-06
	FIRST TRUST CLOUD	P	2017-04-27	2018-03-06
	ISHARES INC CORE MSCI	P	2017-04-27	2018-03-06
	ISHARES MSCI EUROZONE	P	2017-10-24	2018-06-21
	ISHARES MSCI PACIFIC	P	2017-04-27	2018-03-06
	ISHARES MSCI SWITZERLAND	P	2017-04-27	2018-03-06
	ISHARES MSCI U K ETF SHS	P	2017-04-27	2018-03-06
	PRDNTL SHT TRM CORP BD Z	P	2017-09-29	2017-10-20
	PRDNTL SHT TRM CORP BD Z	P	2017-09-29	2017-10-20
	PRDNTL SHT TRM CORP BD Z	P	2017-08-31	2017-10-20
	PRDNTL SHT TRM CORP BD Z	P	2017-08-31	2017-10-20
	PRDNTL SHT TRM CORP BD Z	P	2017-07-31	2017-10-20
	PRDNTL SHT TRM CORP BD Z	P	2017-07-19	2017-10-20
	PRDNTL SHT TRM CORP BD Z	P	2017-07-19	2017-10-20
	PRDNTL SHT TRM CORP BD Z	P	2017-07-14	2017-10-20
	SPDR S&P INSURANCE ETF	P	2018-03-06	2018-06-21
	WISDOMTREE EUROPE HEDGED	P	2017-04-27	2017-10-24
	WISDOMTREE EUROPE HEDGED	P	2017-07-19	2017-12-05
	WISDOMTREE EUROPE HEDGED	P	2017-07-19	2017-12-05
	WISDOMTREE EUROPE HEDGED	P	2017-07-18	2017-12-05
	WISDOMTREE EUROPE HEDGED	P	2017-07-18	2017-12-05
	WISDOMTREE EUROPE HEDGED	P	2017-07-17	2017-12-05
	WISDOMTREE EUROPE HEDGED	P	2017-05-17	2017-12-05
	WISDOMTREE EUROPE HEDGED	P	2017-04-27	2017-12-05
	GENERAL ELECTRIC CO	P	2016-03-31	2017-10-20
	PROSHARES ULTRA QQQ PROSHARES	P	2016-03-31	2017-11-07
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2017-04-25	2018-07-05
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2017-06-09	2018-07-05
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2016-07-18	2018-04-11
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2016-07-18	2018-04-11
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2016-09-02	2018-04-11
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2016-12-13	2018-04-11
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2016-12-13	2018-04-11
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2017-10-20	2018-02-06
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2017-10-20	2018-02-06
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2017-10-20	2018-02-06
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2017-10-20	2018-02-06
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2017-10-20	2018-02-06
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2017-10-20	2018-02-06
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2017-10-20	2018-02-06
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2017-10-20	2018-02-06
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2017-10-20	2018-02-06
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2016-07-18	2018-02-06
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2016-07-22	2018-02-06
	BARCLAYS BK PLC IPATH S&P 500 VIX SHORT TERM FUTURES ETN NEW 2017 01/30/2019	P	2016-07-22	2018-02-06
	SECTOR SPDR TR SHS BEN INT CONSUMER STAPLES	P	2016-04-07	2018-01-16
	GENERAL ELECTRIC CO	P	2016-03-31	2017-10-20
	AIA GROUP LTD ~SPONSORED ADR	P	2016-03-07	2017-10-25
	AIA GROUP LTD ~SPONSORED ADR	P	2016-11-14	2017-10-25
	AIA GROUP LTD ~SPONSORED ADR	P	2017-08-28	2017-10-25
	BB SEGURIDADE PARTICIPACOES SA ~SPONSORED ADR	P	2016-03-07	2017-10-06
	BB SEGURIDADE PARTICIPACOES SA ~SPONSORED ADR	P	2016-07-22	2017-10-06
	BB SEGURIDADE PARTICIPACOES SA ~SPONSORED ADR	P	2016-12-22	2017-10-06
	BB SEGURIDADE PARTICIPACOES SA ~SPONSORED ADR	P	2017-08-28	2017-10-06
	BYD CO LTD ~ADR	P	2017-06-06	2017-11-30
	BYD CO LTD ~ADR	P	2017-08-28	2017-11-30
	DASSAULT SYS S A ~SPONSORED ADR	P	2016-11-14	2017-10-31
	DASSAULT SYS S A ~SPONSORED ADR	P	2017-07-03	2017-10-31
	DASSAULT SYS S A ~SPONSORED ADR	P	2017-08-28	2017-10-31
	HARGREAVES LANSDOWN PLC ~ADR	P	2016-03-07	2017-08-28
	HARGREAVES LANSDOWN PLC ~ADR	P	2016-03-07	2017-10-09
	HARGREAVES LANSDOWN PLC ~ADR	P	2016-07-15	2017-10-09
	HARGREAVES LANSDOWN PLC ~ADR	P	2016-07-22	2017-10-09
	ILIAD SA ~ADR	P	2016-03-07	2017-09-25
	ILIAD SA ~ADR	P	2016-07-22	2017-09-25
	ILIAD SA ~ADR	P	2017-08-28	2017-09-25
	JULIUS BAER GROUP LTD ~UNSPONSORD ADR	P	2016-03-07	2018-02-07
	NASPERS LTD ~SPONSORED ADR	P	2017-11-03	2017-11-03
	OLYMPUS CORP ~SPONSORED ADR	P	2016-03-07	2017-08-14
	OLYMPUS CORP ~SPONSORED ADR	P	2016-07-22	2017-08-14
	OLYMPUS CORP ~SPONSORED ADR	P	2016-09-23	2017-08-14
	OLYMPUS CORP ~SPONSORED ADR	P	2016-12-22	2017-08-14
	RECKITT BENCKISER GRP PLC ~SPONSORED ADR	P	2017-08-28	2018-03-29
	RECKITT BENCKISER GRP PLC ~SPONSORED ADR	P	2017-10-06	2018-03-29
	RECKITT BENCKISER GRP PLC ~SPONSORED ADR	P	2017-11-30	2018-03-29
	RECKITT BENCKISER GRP PLC ~SPONSORED ADR	P	2018-02-08	2018-03-29
	ROCHE HLDG LTD ~SPONSORED ADR ~SUBJECT TO CUSTODY FEE	P	2017-08-28	2018-05-08
	ROCHE HLDG LTD ~SPONSORED ADR ~SUBJECT TO CUSTODY FEE	P	2017-10-06	2018-05-08
	ROCHE HLDG LTD ~SPONSORED ADR ~SUBJECT TO CUSTODY FEE	P	2017-11-30	2018-05-08
	WIRECARD AG ~ADR REPSTG COM	P	2017-07-21	2017-12-06
	WIRECARD AG ~ADR REPSTG COM	P	2017-08-28	2017-12-06
	ASML HOLDING N V ~N Y REGISTRY SHS	P	2016-07-22	2017-12-05
	ASML HOLDING N V ~N Y REGISTRY SHS	P	2016-11-14	2017-12-05
	CI FINL CORP	P	2017-09-12	2018-06-19
	CI FINL CORP	P	2017-10-25	2018-06-19
	CI FINL CORP	P	2017-10-31	2018-06-19
	CI FINL CORP	P	2018-02-08	2018-06-19
	CTRIP COM INTL LTD ~SPONSORED ADS ~SUBJECT TO CUSTODY FEE	P	2017-10-10	2017-11-30
	ENCANA CORP	P	2017-05-16	2018-06-27
	ENCANA CORP	P	2017-05-16	2018-06-19
	ENCANA CORP	P	2017-08-28	2018-06-27
	ENCANA CORP	P	2017-12-05	2018-06-27
	ENCANA CORP	P	2018-02-08	2018-06-27
	ENI S P A ~SPONSORED ADR	P	2016-05-25	2018-02-15
	ENI S P A ~SPONSORED ADR	P	2016-07-22	2018-02-15
	ENI S P A ~SPONSORED ADR	P	2016-11-14	2018-02-15
	ENI S P A ~SPONSORED ADR	P	2016-12-22	2018-02-15
	ENI S P A ~SPONSORED ADR	P	2017-08-28	2018-02-15
	ENI S P A ~SPONSORED ADR	P	2018-02-08	2018-02-15
	GRIFOLS S A ~SP ADR REP B NVT	P	2016-03-07	2017-09-08
	GRIFOLS S A ~SP ADR REP B NVT	P	2016-03-07	2017-08-28
	GRIFOLS S A ~SP ADR REP B NVT	P	2016-07-22	2017-08-28
	LINE CORP ~SPONSORED ADR ~SUBJECT TO CUSTODY FEES	P	2016-11-14	2018-02-07
	LINE CORP ~SPONSORED ADR ~SUBJECT TO CUSTODY FEES	P	2016-12-22	2018-05-02
	LINE CORP ~SPONSORED ADR ~SUBJECT TO CUSTODY FEES	P	2016-12-22	2018-02-07
	LINE CORP ~SPONSORED ADR ~SUBJECT TO CUSTODY FEES	P	2017-08-28	2018-05-02
	LULULEMON ATHLETICA INC	P	2016-03-07	2018-02-07
	LULULEMON ATHLETICA INC	P	2016-07-22	2018-02-07
	LULULEMON ATHLETICA INC	P	2016-11-14	2018-02-07
	LULULEMON ATHLETICA INC	P	2017-08-28	2018-02-07
	NIELSEN HLDGS PLC ~SHS EUR	P	2016-05-13	2017-10-06
	NIELSEN HLDGS PLC ~SHS EUR	P	2016-07-22	2017-10-06
	NIELSEN HLDGS PLC ~SHS EUR	P	2016-11-14	2017-10-06
	NIELSEN HLDGS PLC ~SHS EUR	P	2016-12-22	2017-10-06
	NIELSEN HLDGS PLC ~SHS EUR	P	2017-08-28	2017-10-06
	NOVO-NORDISK A S ~ADR	P	2016-03-07	2018-05-08
	NOVO-NORDISK A S ~ADR	P	2017-11-30	2018-05-08
	NOVO-NORDISK A S ~ADR	P	2018-02-08	2018-05-08
	SENSATA TECHNOLOGIES HLDG NV	P	2016-07-22	2018-02-07
	SENSATA TECHNOLOGIES HLDG NV	P	2016-11-14	2018-02-07
	TAIWAN SEMICONDUCTOR MFG LTD ~SPONSORED ADS	P	2016-03-07	2017-12-05
	TAIWAN SEMICONDUCTOR MFG LTD ~SPONSORED ADS	P	2016-07-22	2017-12-05
	ISHARES GOLD TRUST ~ISHARES ~CLOSED END SBI/CBI ETF	P	2012-01-27	2018-07-20
	ISHARES MSCI CHILE INDEX FD ~CLOSED END SBI/CBI ETF ~CLOSED END SBI/CBI ETF	P	2009-12-29	2018-07-20
	ISHARES MSCI ISRAEL INDEX FUND ~CLOSED END SBI/CBI ETF ~CLOSED END SBI/CBI E	P	2009-12-29	2018-07-23
	ACI WORLDWIDE INC	P	2018-03-16	2018-07-25
	ADVANCED ENERGY INDS	P	2016-05-18	2018-07-25
	ALIGN TECHNOLOGY INC	P	2014-09-08	2018-01-08
	ALIGN TECHNOLOGY INC	P	2014-09-08	2017-11-08
	ALIGN TECHNOLOGY INC	P	2014-12-18	2017-11-08
	ALKERMES PLC	P	2017-05-15	2018-04-11
	ARISTA NETWORKS INC	P	2016-10-27	2018-07-25
	ARISTA NETWORKS INC	P	2016-10-27	2018-07-19
	ARISTA NETWORKS INC	P	2017-03-09	2018-07-19
	AUTOLIV INC	P	2013-10-01	2018-07-25
	AXALTA COATING SYS LTD	P	2017-10-31	2018-07-25
	BANK OZK	P	2016-04-21	2018-07-19
	BANK OZK	P	2018-01-09	2018-07-19
	BORGWARNER INC	P	2017-03-02	2018-06-22
	BOSTON BEER INC ~CL A	P	2016-09-01	2017-09-05
	BROADRIDGE FINL SOLUTIONS INC	P	2016-04-07	2018-07-25
	BROADSOFT INC	P	2015-06-16	2017-11-27
	BROADSOFT INC	P	2016-01-15	2017-11-27
	BROADSOFT INC	P	2016-06-02	2017-11-27
	BROADSOFT INC	P	2017-09-22	2017-11-27
	CAMBREX CORP	P	2017-09-12	2018-07-25
	CBRE GROUP INC ~CL A ~REIT	P	2013-10-01	2018-07-25
	CHENIERE ENERGY INC ~COM NEW	P	2016-04-07	2018-07-25
	CHINA LODGING GROUP LTD ~SPONSORED ADS	P	2016-05-05	2018-04-11
	CHINA LODGING GROUP LTD ~SPONSORED ADS	P	2016-09-13	2018-04-11
	CINEMARK HOLDINGS INC	P	2016-11-04	2017-08-22
	COPART INC	P	2017-07-07	2018-07-25
	CRANE CO	P	2017-07-07	2018-07-25
	CSRA INC	P	2016-12-13	2018-03-15
	CSRA INC	P	2017-09-13	2018-03-15
	CSRA INC	P	2018-01-30	2018-03-15
	DAVE & BUSTERS ENTMT INC	P	2016-04-29	2018-01-26
	DEXCOM INC	P	2014-09-12	2017-10-09
	DEXCOM INC	P	2016-04-15	2017-10-09
	DIAMONDBACK ENERGY INC	P	2015-05-14	2018-07-25
	DOLBY LABORATORIES INC ~COM CL A	P	2018-03-15	2018-07-25
	DOMINOS PIZZA INC	P	2017-07-07	2018-07-25
	DUNKIN BRANDS GROUP INC	P	2015-05-14	2018-07-25
	EAGLE MATERIALS INC	P	2017-02-07	2018-07-25
	EMCOR GROUP INC	P	2017-06-20	2018-07-25
	ENTEGRIS INC	P	2013-10-01	2018-07-25
	ENVESTNET INC	P	2018-03-29	2018-07-25
	EVERCORE INC ~CLASS A	P	2017-04-25	2018-07-25
	FOOT LOCKER INC	P	2014-03-12	2017-08-25
	FOOT LOCKER INC	P	2014-12-01	2017-08-25
	FOOT LOCKER INC	P	2015-05-22	2017-08-25
	FORTINET INC	P	2015-05-14	2018-07-25
	GARTNER INC	P	2013-10-01	2017-10-31
	GLOBAL PMTS INC	P	2013-10-01	2017-09-13
	GRACO INC	P	2018-02-15	2018-07-25
	GRUBHUB INC	P	2017-06-08	2018-03-15
	GRUBHUB INC	P	2017-06-08	2018-07-19
	GRUBHUB INC	P	2017-06-08	2018-07-25
	GUIDEWIRE SOFTWARE INC	P	2017-03-27	2018-07-25
	HAWAIIAN HOLDINGS INC	P	2016-04-25	2018-02-15
	HAWAIIAN HOLDINGS INC	P	2016-05-10	2018-02-15
	HENRY JACK & ASSOC INC	P	2018-06-22	2018-07-25
	HILTON GRAND VACATIONS INC	P	2017-09-28	2018-07-25
	IAC INTERACTIVECORP	P	2013-10-01	2018-07-25
	IAC INTERACTIVECORP	P	2013-10-01	2018-05-11
	ICON PLC	P	2014-09-08	2018-07-25
	ICU MED INC	P	2017-06-20	2018-07-25
	IONIS PHARMACEUTICALS INC	P	2014-01-02	2018-07-25
	KAR AUCTION SVCS INC	P	2018-06-22	2018-07-25
	LEGG MASON INC	P	2018-03-23	2018-07-25
	LIBERTY MEDIA CORP DELAWARE ~COM SER C FRMLA	P	2017-11-14	2018-07-25
	LIVE NATION ENTERTAINMENT INC	P	2018-01-09	2018-07-25
	MEDIDATA SOLUTIONS INC	P	2015-02-06	2018-03-21
	MEDIDATA SOLUTIONS INC	P	2015-06-04	2018-03-21
	MERCADOLIBRE INC	P	2015-07-06	2018-07-25
	MIDDLEBY CORP	P	2015-09-01	2018-07-25
	NORDSON CORP	P	2013-10-01	2018-07-25
	NORDSTROM INC	P	2016-10-13	2017-08-22
	NUTANIX INC ~CL A	P	2017-10-31	2018-07-25
	NUTANIX INC ~CL A	P	2018-04-20	2018-07-25
	OLD DOMINION FREIGHT LINE INC	P	2013-12-04	2018-07-25
	OLD DOMINION FREIGHT LINE INC	P	2014-03-20	2018-07-25
	OLD DOMINION FREIGHT LINE INC	P	2014-03-20	2018-05-09
	OLD DOMINION FREIGHT LINE INC	P	2014-09-08	2018-05-09
	OWENS CORNING NEW	P	2016-12-06	2018-05-11
	PRESTIGE CONSMR HEALTHCARE INC	P	2016-04-29	2018-07-25
	PULTE GROUP INC	P	2018-05-11	2018-07-25
	QUALYS INC	P	2018-07-20	2018-07-25
	RADIUS HEALTH INC ~COM NEW	P	2015-11-18	2017-09-05
	RADIUS HEALTH INC ~COM NEW	P	2015-12-16	2017-09-05
	RADIUS HEALTH INC ~COM NEW	P	2016-05-10	2017-09-05
	REINSURANCE GRP OF AMERICA INC ~COM NEW	P	2017-05-15	2018-07-25
	RSP PERMIAN INC	P	2016-11-16	2018-06-26
	SABRE CORP	P	2015-09-04	2017-09-05
	SABRE CORP	P	2016-04-15	2017-09-05
	SAGE THERAPEUTICS INC	P	2018-04-11	2018-07-25
	SPLUNK INC	P	2015-06-10	2018-07-25
	STERIS PLC ~SHS USD	P	2018-06-22	2018-07-25
	SUPERIOR ENERGY SVCS INC	P	2016-12-06	2018-07-19
	TERADATA CORP DEL	P	2018-03-16	2018-07-25
	TESARO INC	P	2017-05-02	2018-04-11
	TOTAL SYS SVCS INC	P	2013-10-01	2018-07-25
	TRACTOR SUPPLY CO	P	2017-12-22	2018-07-25
	TRIMBLE INC	P	2016-10-14	2018-06-22
	TRIMBLE INC	P	2017-05-02	2018-06-22
	TRIPADVISOR INC	P	2018-06-26	2018-07-25
	ULTIMATE SOFTWARE GROUP INC	P	2017-07-07	2018-07-25
	UNITED RENTALS INC	P	2016-10-25	2018-07-25
	VAIL RESORTS INC	P	2017-07-07	2018-07-25
	VEEVA SYS INC ~CL A COM	P	2015-11-24	2018-07-25
	WABTEC CORP	P	2013-10-01	2018-06-22
	WAGEWORKS INC	P	2017-03-27	2018-03-15
	WESTERN ALLIANCE BANCORP	P	2017-04-25	2018-07-25
	WYNDHAM DESTINATIONS INC	P	2013-10-01	2018-07-25
	WYNDHAM HOTELS & RESORTS INC	P	2013-10-01	2018-07-25
	XYLEM INC	P	2016-04-25	2017-10-24

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4	4	0
b	2,720	1,988	732
c	10,357	7,192	3,165
d	11,089	7,733	3,356
e	9,206	6,232	2,974
	628	445	183
	1,097	857	240
	8,081	6,193	1,888
	1,452	1,013	439
	127	66	61
	1,901	1,130	771
	1,901	1,138	763
	1,901	1,125	776
	380	227	153
	1,725	797	928
	1,294	594	700
	1,863	1,076	787
	2,064	1,158	906
	2,216	1,165	1,051
	2,669	1,414	1,255
	2,316	1,256	1,060
	1,007	547	460
	1,913	1,150	763
	1,813	1,097	716
	1,913	1,146	767
	1,611	970	641
	493	398	95
	1,315	1,056	259
	6,130	4,846	1,284
	1,299	1,206	93
	644	695	-51
	2,253	2,337	-84
	484	465	19
	1,347	1,478	-131
	1,555	1,694	-139
	311	334	-23
	1,658	1,318	340
	663	579	84
	1,658	1,703	-45
	221	227	-6
	1,876	1,859	17
	347	315	32
	1,668	1,513	155
	889	826	63
	3,886	2,627	1,259
	1,075	589	486
	18,099	10,089	8,010
	1,684	883	801
	382	261	121
	1,526	1,068	458
	2,290	1,517	773
	254	164	90
	509	380	129
	604	517	87
	1,108	859	249
	16,603	13,759	2,844
	7,496	7,919	-423
	4,220	3,937	283
	1,711	1,636	75
	11,577	11,029	548
	11	11	0
	100	100	0
	11	11	0
	100	100	0
	44	44	0
	88	89	-1
	11	11	0
	48,719	48,896	-177
	1,359	1,399	-40
	30,104	30,025	79
	450	442	8
	579	568	11
	2,893	2,830	63
	643	629	14
	129	127	2
	5,722	5,828	-106
	24,815	25,031	-216
	16,651	22,355	-5,704
	42,899	22,192	20,707
	18,247	30,355	-12,108
	18,247	26,037	-7,790
	1,826	6,852	-5,026
	3,651	13,686	-10,035
	9,129	26,348	-17,219
	4,869	10,625	-5,756
	7,306	15,938	-8,632
	5,178	3,384	1,794
	5,183	3,384	1,799
	5,183	3,384	1,799
	5,182	3,384	1,798
	5,182	3,384	1,798
	5,182	3,384	1,798
	5,181	3,384	1,797
	5,181	3,384	1,797
	10,362	6,768	3,594
	2,274	7,985	-5,711
	2,924	9,953	-7,029
	5,203	17,695	-12,492
	17,039	15,923	1,116
	1,189	1,605	-416
	23,163	16,603	6,560
	7,018	5,742	1,276
	482	492	-10
	4,105	3,348	757
	593	606	-13
	2,171	1,911	260
	73	70	3
	6,818	4,621	2,197
	478	333	145
	16,212	11,457	4,755
	105	93	12
	105	99	6
	23,899	25,052	-1,153
	4,591	4,360	231
	934	810	124
	2,918	2,533	385
	20,852	19,355	1,497
	2,526	1,891	635
	445	439	6
	11,582	7,611	3,971
	16		16
	18,680	21,419	-2,739
	1,323	1,482	-159
	2,943	3,210	-267
	1,488	1,531	-43
	219	253	-34
	3,753	4,056	-303
	4,106	4,294	-188
	1,818	1,996	-178
	197	222	-25
	6,948	7,840	-892
	1,716	1,926	-210
	29,140	20,637	8,503
	527	417	110
	2,718	1,690	1,028
	7,304	4,271	3,033
	6,289	7,646	-1,357
	2,009	2,420	-411
	2,865	3,430	-565
	391	480	-89
	8,170	9,484	-1,314
	2,230	1,906	324
	13,653	12,444	1,209
	630	431	199
	2,295	2,124	171
	3,672	2,993	679
	16,917	15,471	1,446
	474	441	33
	11,910	9,261	2,649
	575	538	37
	406	378	28
	812	805	7
	7,848	5,686	2,162
	10,244	7,725	2,519
	2,297	1,910	387
	13,063	11,926	1,137
	6,747	6,324	423
	6,821	5,580	1,241
	433	422	11
	4,727	3,563	1,164
	3,994	3,725	269
	4,646	3,296	1,350
	245	180	65
	4,874	6,193	-1,319
	2,293	3,116	-823
	14,006	14,867	-861
	491	513	-22
	451	432	19
	1,692	1,995	-303
	7,639	8,140	-501
	1,160	1,177	-17
	1,282	894	388
	7,907	5,465	2,442
	6,927	4,359	2,568
	2,583	1,821	762
	6,594	9,970	-3,376
	12,976	15,847	-2,871
	23,364	24,953	-1,589
	1,144	1,150	-6
	857	512	345
	24,760	5,601	19,159
	2,027	444	1,583
	12,160	2,696	9,464
	12,991	17,664	-4,673
	2,745	841	1,904
	836	252	584
	13,657	6,036	7,621
	1,002	628	374
	1,363	1,529	-166
	9,375	9,718	-343
	6,278	7,447	-1,169
	17,834	16,931	903
	8,597	10,408	-1,811
	2,989	1,464	1,525
	8,494	5,803	2,691
	3,726	2,171	1,555
	3,288	2,646	642
	8,165	7,417	748
	1,592	1,318	274
	2,504	1,204	1,300
	3,263	1,727	1,536
	4,921	1,311	3,610
	5,985	2,035	3,950
	6,059	7,115	-1,056
	3,028	1,589	1,439
	2,794	2,583	211
	17,208	13,428	3,780
	8,014	6,358	1,656
	9,519	7,691	1,828
	6,234	4,982	1,252
	8,300	7,542	758
	2,028	2,865	-837
	1,211	712	499
	1,541	1,627	-86
	1,570	1,270	300
	1,705	1,249	456
	959	933	26
	1,903	1,620	283
	2,424	660	1,764
	1,276	1,198	78
	995	702	293
	9,554	12,266	-2,712
	1,953	3,114	-1,161
	1,705	3,043	-1,338
	3,139	1,794	1,345
	16,825	8,040	8,785
	18,138	11,055	7,083
	2,785	2,518	267
	8,406	3,335	5,071
	14,713	5,705	9,008
	4,720	1,536	3,184
	1,939	1,165	774
	8,673	9,882	-1,209
	1,842	2,055	-213
	2,209	2,110	99
	958	1,089	-131
	944	329	615
	13,201	4,885	8,316
	1,831	695	1,136
	2,973	1,698	1,275
	1,398	1,227	171
	1,165	1,105	60
	1,440	1,699	-259
	1,131	1,180	-49
	2,556	2,128	428
	11,005	7,565	3,440
	5,171	4,327	844
	3,650	1,362	2,288
	1,388	1,472	-84
	1,413	823	590
	12,427	15,028	-2,601
	2,122	1,115	1,007
	1,850	1,852	-2
	883	307	576
	883	340	543
	3,884	1,529	2,355
	9,351	4,539	4,812
	10,216	8,114	2,102
	1,240	1,973	-733
	1,779	1,945	-166
	1,151	1,166	-15
	1,860	3,158	-1,298
	1,823	3,041	-1,218
	1,674	1,509	165
	2,477	2,236	241
	10,742	10,439	303
	8,557	12,883	-4,326
	3,813	5,954	-2,141
	1,245	1,369	-124
	2,601	1,742	859
	1,804	1,711	93
	4,287	8,067	-3,780
	1,810	1,873	-63
	3,358	8,621	-5,263
	4,991	1,559	3,432
	1,464	1,406	58
	14,998	12,678	2,320
	6,688	7,088	-400
	2,178	2,028	150
	2,631	1,920	711
	1,587	847	740
	1,991	1,405	586
	3,301	1,094	2,207
	18,400	11,536	6,864
	5,693	8,176	-2,483
	1,372	1,180	192
	813	476	337
	907	553	354
	15,121	9,846	5,275

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			0
b			732
c			3,165
d			3,356
e			2,974
			183
			240
			1,888
			439
			61
			771
			763
			776
			153
			928
			700
			787
			906
			1,051
			1,255
			1,060
			460
			763
			716
			767
			641
			95
			259
			1,284
			93
			-51
			-84
			19
			-131
			-139
			-23
			340
			84
			-45
			-6
			17
			32
			155
			63
			1,259
			486
			8,010
			801
			121
			458
			773
			90
			129
			87
			249
			2,844
			-423
			283
			75
			548
			0
			0
			0
			0
			0
			-1
			0
			-177
			-40
			79
			8
			11
			63
			14
			2
			-106
			-216
			-5,704
			20,707
			-12,108
			-7,790
			-5,026
			-10,035
			-17,219
			-5,756
			-8,632
			1,794
			1,799
			1,799
			1,798
			1,798
			1,798
			1,797
			1,797
			3,594
			-5,711
			-7,029
			-12,492
			1,116
			-416
			6,560
			1,276
			-10
			757
			-13
			260
			3
			2,197
			145
			4,755
			12
			6
			-1,153
			231
			124
			385
			1,497
			635
			6
			3,971
			16
			-2,739
			-159
			-267
			-43
			-34
			-303
			-188
			-178
			-25
			-892
			-210
			8,503
			110
			1,028
			3,033
			-1,357
			-411
			-565
			-89
			-1,314
			324
			1,209
			199
			171
			679
			1,446
			33
			2,649
			37
			28
			7
			2,162
			2,519
			387
			1,137
			423
			1,241
			11
			1,164
			269
			1,350
			65
			-1,319
			-823
			-861
			-22
			19
			-303
			-501
			-17
			388
			2,442
			2,568
			762
			-3,376
			-2,871
			-1,589
			-6
			345
			19,159
			1,583
			9,464
			-4,673
			1,904
			584
			7,621
			374
			-166
			-343
			-1,169
			903
			-1,811
			1,525
			2,691
			1,555
			642
			748
			274
			1,300
			1,536
			3,610
			3,950
			-1,056
			1,439
			211
			3,780
			1,656
			1,828
			1,252
			758
			-837
			499
			-86
			300
			456
			26
			283
			1,764
			78
			293
			-2,712
			-1,161
			-1,338
			1,345
			8,785
			7,083
			267
			5,071
			9,008
			3,184
			774
			-1,209
			-213
			99
			-131
			615
			8,316
			1,136
			1,275
			171
			60
			-259
			-49
			428
			3,440
			844
			2,288
			-84
			590
			-2,601
			1,007
			-2
			576
			543
			2,355
			4,812
			2,102
			-733
			-166
			-15
			-1,298
			-1,218
			165
			241
			303
			-4,326
			-2,141
			-124
			859
			93
			-3,780
			-63
			-5,263
			3,432
			58
			2,320
			-400
			150
			711
			740
			586
			2,207
			6,864
			-2,483
			192
			337
			354
			5,275

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	145,906
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 ...................		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? Yes No

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))
2018	226,868	1,322,728	0.171515
2017	273,501	3,958,871	0.069086
2016	309,319	3,752,511	0.082430
2015	350,107	3,462,423	0.101116
2014	397,268	2,649,712	0.149929

Total of line 1, column (d) .....................

0.574076

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 ......

0.114815

Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......

1,269,520

Multiply line 4 by line 3......................

145,760

Enter 1% of net investment income (1% of Part I, line 27b)...........

2,645

Add lines 5 and 6........................

148,405

Enter qualifying distributions from Part XII, line 4,.............

306,213

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 (2019)

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 and enter “N/A" on line 1.
	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	2,645
	hereand 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	2,645
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	2,645
6	Credits/Payments:

a	2019 estimated tax payments and 2018 overpayment credited to 2019	6a	4,236
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	1,000
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	5,236
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.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,591
11	Enter the amount of line 10 to be: Credited to 2020 estimated tax2,591	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.

If "Yes," complete Part XIV .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2019)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

MICHAEL SOMMER PRESIDENT Telephone no. bullet

(201) 750-5650

Located at bullet

24 LINK DRIVEROCKLEIGHNJ ZIP+4 bullet

07647

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

16 At any time during calendar year 2019, 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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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 2019?.............

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)):

At the end of tax year 2019, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2019?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

If "Yes," did it have excess business holdings in 2019 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 2019.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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 2019?

Form 990-PF (2019)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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 SOMMER	PRESIDENT/DIRECTOR 40.00	0	0	0
24 LINK DRIVE ROCKLEIGH,NJ07647	PRESIDENT/DIRECTOR 40.00	0	0	0
MARK SANO	SECRETARY/TREASURER/DIRECT 5.00	0	0	0
24 LINK DRIVE ROCKLEIGH,NJ07647	SECRETARY/TREASURER/DIRECT 5.00	0	0	0

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...................				0

Form 990-PF (2019)

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............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	DOMESTIC AND INTERNATIONAL YOUTH AND SERVICE PROGRAMS: WE MADE DONATIONS TO SPONSOR INTERNATIONAL YOUTH AND SERVICE PROGRAMS IN THE DOMINICAN REPUBLIC, AFRICA, AND ASIA. WE GIVE TO ORGANIZATIONS THAT PROMOTE PEACE, UNDERSTANDING AND HOPE.	204,500
2	PEACEBUILDING: WE MADE DONATIONS AND HELPED BUILD CAPACITY IN ORGANIZATIONS THAT HAVE GOAL OF CREATING COHESIVE COMMUNITIES AND SOCIETIES BY ADDRESSING IDENTITY BASED CONFLICTS AND INTERFAITH UNDERSTANDING IN ASIA, AFRICA AND THE MIDDLE EAST.	132,975
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......................... bullet

Form 990-PF (2019)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,197,259

Average of monthly cash balances.......................

91,594

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

1,288,853

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

1,288,853

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

19,333

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

1,269,520

Minimum investment return. Enter 5% of line 5..................

63,476

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow

and do not complete this part.)

Minimum investment return from Part X, line 6....................

63,476

Tax on investment income for 2019 from Part VI, line 5......

2,645

Income tax for 2019. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

2,645

Distributable amount before adjustments. Subtract line 2c from line 1............

60,831

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

60,831

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

60,831

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

306,213

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

306,213

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.................

2,645

Adjusted qualifying distributions. Subtract line 5 from line 4..............

303,568

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 (2019)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2018	(c) 2018	(d) 2019
1 Distributable amount for 2019 from Part XI, line 7					60,831
2 Undistributed income, if any, as of the end of 2019:
a Enter amount for 2018 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2019:
a From 2014......	264,782
b From 2015......	187,850
c From 2016......	125,706
d From 2017......	80,656
e From 2018......	166,884
fTotal of lines 3a through e........		825,878
4Qualifying distributions for 2019 from Part
XII, line 4: $ 306,213
a Applied to 2018, 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 2019 distributable amount.....					60,831
e Remaining amount distributed out of corpus		245,382
5 Excess distributions carryover applied to 2019.		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		1,071,260
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 2018. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2019. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2020 ..........					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 2014 not applied on line 5 or line 7 (see instructions) ...		264,782
9Excess distributions carryover to 2020. Subtract lines 7 and 8 from line 6a ......		806,478
10 Analysis of line 9:
a Excess from 2015....	187,850
b Excess from 2016....	125,706
c Excess from 2017....	80,656
d Excess from 2018....	166,884
e Excess from 2019....	245,382

Form 990-PF (2019)

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 2019, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

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) 2019	(b) 2018	(c) 2017	(d) 2016	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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 (2019)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
FIDELITY CHARITABLE GIFT FUND PO BOX 770001 CINCINNATI,OH45277	NONE	501(C)(3)	GENERAL FUNDING	203,500
OMNI MED 81 WYMAN STREET SUITE 1 WABAN,MA02468		501(C)(3)	GENERAL FUNDING	1,000
Total ................................. 3a				204,500

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2019)

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	(e) Related or exempt function income (See instructions.)
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....					49,569
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.....			30	2,979,895	125,169
8 Gain or (loss) from sales of assets other than inventory ............					145,906
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		2,979,895	320,644

13Total. Add line 12, columns (b), (d), and (e)..................

3,300,539

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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.)
4	INCOME USED TO CARRY OUT EXEMPT PURPOSE
7	INTEREST ON NOTES RECEIVABLE TO CARRY OUT EXEMPT PURPOSE
8	PROFITS FROM SALE OF ASSETS TO CARRY OUT EXEMPT PURPOSE

Form 990-PF (2019)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below (see instr.) Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2019)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
SOUTH BOULDER PROPERTIES LLC LAND	2005-02-07	796,284		L		0
UVG PROPERTIES LLC LAND	2004-10-04	326,987		L		0
COMPUTER	2014-07-01	1,555	1,555	SL	3.000000000000	0
COMPUTER	2016-11-16	2,031	254	200DB	5.000000000000	304
COMPUTER	2017-06-08	1,355	34	200DB	5.000000000000	257

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value
SOUTH BOULDER PROPERTIES LLC LAND	796,284	0	796,284
UVG PROPERTIES LLC LAND	326,987	0	326,987
COMPUTER	1,555	1,555	0
COMPUTER	2,031	1,574	457
COMPUTER	1,355	969	386

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
NOTE INTEREST RECEIVABLE	30,480	30,480	30,480
DUE FROM GPF, SPF AND BFAI	4,839,000	4,755,000	4,755,000

Description	Revenue and Expenses per Books	Net Investment Income
TELEPHONE	2,518	0
BANK AND INVESTMENT FEES	30	36,293
OFFICE EXPENSE	3,293	0
DUES AND SUBSCRIPTIONS	3,352	0
PROFESSIONAL FEES	40,168	0
INSURANCE	1,313	0

Borrower's Name	Relationship to Insider	Original Amount of Loan	Balance Due	Date of Note	Maturity Date	Repayment Terms	Interest Rate	Security Provided by Borrower	Purpose of Loan	Description of Lender Consideration
YANN SANDT CLAUDE RIES	NONE	8,726,616	8,740,701	2013-12	2018-12	MONTHLY PAYMENTS	100.0000000000 %	INTEREST IN THREE COMPANIES	FUNDING	CASH
402 SOUTH BOULDER ROAD LLC	NONE	2,600,000	1,754,090	2011-08	2038-05	MONTHLY PAYMENTS	700.0000000000 %	REAL ESTATE	FUNDING	CASH
UNITED VISION GROUP	NONE	1,296,159	778,208	2013-02	2023-02	MONTHLY PAYMENTS	400.0000000000 %	SHARES OF STOCK IN UNITED VISION GROUP	FUNDING	CASH

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
INTEREST ON NOTES	125,169	125,169	125,169
OTHER INCOME/FORGIVENESS OF DEBT	2,979,895	0	2,979,895

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
REAL ESTATE TAXES	10,211	0	0
FOREIGN TAX ON INVESTMENTS	0	1,886	0
PAYROLL TAXES	8,485	1,500	5,176
EXCISE TAXES	0	2,681	0