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 PHILANTHROPISTS CHARITY
 
Number and street (or P.O. box number if mail is not delivered to street address)181 BEACH 135TH STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BELLE HARBOR, NY11694
A Employer identification number

26-1302901
B Telephone number (see instructions)

(201) 837-9600
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$138,446,287J 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) 900,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 5,245,501 5,245,501  
4 Dividends and interest from securities... 237,979 237,979  
5a Gross rents............ 549,650 549,650  
b Net rental income or (loss) -296,777
6a Net gain or (loss) from sale of assets not on line 10 772,927
b Gross sales price for all assets on line 6a 1,445,514
7 Capital gain net income (from Part IV, line 2)... 772,927
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)....... Click to see attachment -401,291 -401,291  
12 Total. Add lines 1 through 11........ 7,304,766 6,404,766  
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)......... Click to see attachment 11,387 11,387   0
b Accounting fees (attach schedule)....... Click to see attachment 40,645 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 558,533 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 496,581 496,581  
20 Occupancy.............. 349,846 349,846   0
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 8,228 8,228   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,465,220 866,042   0
25 Contributions, gifts, grants paid....... 5,050,000 5,050,000
26 Total expenses and disbursements. Add lines 24 and 25 6,515,220 866,042   5,050,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 789,546
b Net investment income (if negative, enter -0-) 5,538,724
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............. 16,034,762 3,018,639 3,018,639
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet90,358,329
Less: allowance for doubtful accounts bullet0 83,115,430 90,358,329 90,358,329
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)....... 0 Click to see attachment14,837,979 14,677,993
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet15,796,565
Less: accumulated depreciation (attach schedule) bullet2,836,148 13,456,998 Click to see attachment12,960,417 12,960,417
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 25,615,781 Click to see attachment17,430,909 17,430,909
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) 138,222,971 138,606,273 138,446,287
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue................. 29,764,640 29,764,640
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 attachment3,695,644 Click to see attachment3,289,400
23 Total liabilities (add lines 17 through 22)......... 33,460,284 33,054,040
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.................. 104,762,687 105,552,233
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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 104,762,687 105,552,233
31 Total liabilities and net assets/fund balances (see instructions). 138,222,971 138,606,273
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
104,762,687
2
Enter amount from Part I, line 27a .....................
2
789,546
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
105,552,233
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
105,552,233
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 SALE OF VIEW LSP P 2011-05-15  
b SALE OF CARRIBEAN P 2009-12-31  
c LOSS ON INVESTMENT - HOSPITALITY P 2009-12-31  
d
e
(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 1,400,484     1,400,484
b 45,030     45,030
c     672,587 -672,587
d
e
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       1,400,484
b       45,030
c       -672,587
d
e
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 2 772,927
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 8,538,000 156,284,313 0.054631
2016 27,935,900 132,269,796 0.211204
2015 22,038,801 104,811,734 0.210270
2014 7,174,412 126,818,941 0.056572
2013 6,560,000 126,399,878 0.051899
2
Total of line 1, column (d) .....................
2
0.584576
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
0.116915
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
145,830,953
5
Multiply line 4 by line 3......................
5
17,049,826
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
55,387
7
Add lines 5 and 6........................
7
17,105,213
8
Enter qualifying distributions from Part XII, line 4,.............
8
5,050,000
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 1 110,774
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........................... 3 110,774
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- ..... 5 110,774
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 110,774
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    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)
    bulletNY, NJ
    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. Click to see attachment...............................
    10
    Yes
     
    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 ofbulletCO ROTH CO Telephone no.bullet (718) 236-1600

    Located atbullet1428 36TH STREET SUITE 200BROOKLYNNY ZIP+4bullet11218
    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 KONIG TRUSTEE
    1.00     		0 0 0
    324 HIALEAH DRIVE
    CHERRY HILL,NJ08002
    TAMMY LIFSHUTZ TRUSTEE
    1.00     		0 0 0
    111 CEDAR AVENUE
    HEWLETT BAY PARK,NY11557
    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
    11,738,184
    b
    Average of monthly cash balances.......................
    1b
    12,727,745
    c
    Fair market value of all other assets (see instructions)................
    1c
    123,585,800
    d
    Total (add lines 1a, b, and c).........................
    1d
    148,051,729
    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
    148,051,729
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,220,776
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    145,830,953
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    7,291,548
    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
    7,291,548
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    110,774
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    110,774
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,180,774
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    7,180,774
    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
    7,180,774
    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
    5,050,000
    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
    5,050,000
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,050,000
    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 7,180,774
    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...... 12,690,439
    d From 2016...... 21,599,366
    e From 2017...... 819,162
    fTotal of lines 3a through e........ 35,108,967
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 5,050,000
    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..... 5,050,000
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 2,130,774 2,130,774
    (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 32,978,193
    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 ......     		32,978,193
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 10,559,665
    c Excess from 2016.... 21,599,366
    d Excess from 2017.... 819,162
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    MICHAEL KONIG
    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
    CONGREGATION BNEI SHMUEL GAVRIEL
    1009 WEST M STREET
    HASTINGS,NE68901     		NONE TAX EXEMPT TO FURTHER JEWISH CAUSES 5,050,000
    Total .................................bullet 3a 5,050,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 5,245,501  
    4 Dividends and interest from securities....     14 237,979  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 -296,777  
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14    
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    16 772,927  
    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 5,959,630 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,959,630
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    THE PHILANTHROPISTS CHARITY
     
    Employer identification number

    26-1302901
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    THE PHILANTHROPISTS CHARITY
          		Employer identification number
    26-1302901
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    MICHAEL KONIG  
    324 HIALEAH DRIVE
     
    CHERRY HILL, NJ08002

    		$ 900,000


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    THE PHILANTHROPISTS CHARITY
          		Employer identification number

    26-1302901
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    THE PHILANTHROPISTS CHARITY
          		Employer identification number

    26-1302901
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    THE PHILANTHROPISTS CHARITY
    EIN:
    26-1302901
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 40,645 0   0

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2018 DepreciationSchedule
    Name:
    THE PHILANTHROPISTS CHARITY
    EIN:
    26-1302901
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    10295 COLLINS #310-311 2011-05-13 749,460 183,378 SL 27.500000000000 27,250 27,250    
    10295 COLLINS #310-311 - LAND 2011-05-13 124,910   L   0 0    
    10295 #411 2011-03-30 214,265 53,943 SL 27.500000000000 7,791 7,791    
    10295 #411 - LAND 2011-03-30 35,710   L   0 0    
    2754 RIO GRANDE 2011-11-28 58,025 12,968 SL 27.500000000000 2,110 2,110    
    2754 RIO GRANDE - LAND 2011-11-28 9,670   L   0 0    
    10295 COLLINS #410 2011-11-28 443,763 99,167 SL 27.500000000000 16,135 16,135    
    10295 COLLINS #410 - LAND 2011-11-28 73,960   L   0 0    
    SW 134TH TERRACE 2011-06-15 124,361 29,990 SL 27.500000000000 4,522 4,522    
    SW 134TH TERRACE - LAND 2011-06-15 20,727   L   0 0    
    5275 IMAGES 2011-12-01 34,868 7,659 SL 27.500000000000 1,268 1,268    
    5275 IMAGES - LAND 2011-12-01 5,763   L   0 0    
    3032 PARKWAY 2011-08-24 43,713 10,231 SL 27.500000000000 1,589 1,589    
    3032 PARKWAY - LAND 2011-08-24 7,286   L   0 0    
    1125 MAXWELL #701 2012-10-25 1,886,913 357,342 SL 27.500000000000 68,608 68,608    
    1125 MAXWELL #701 - LAND 2012-10-25 314,486   L   0 0    
    2210 GRAND CAYMAN 2012-05-11 36,700 7,505 SL 27.500000000000 1,334 1,334    
    2210 GRAND CAYMAN - LAND 2012-05-11 6,116   L   0 0    
    3020 PARKWAY BLVD 2012-06-27 44,701 9,006 SL 27.500000000000 1,625 1,625    
    3020 PARKWAY BLVD - LAND 2012-06-27 7,450   L   0 0    
    ST. REGIS 2012-02-28 4,623,418 987,536 SL 27.500000000000 168,107 168,107    
    ST. REGIS - LAND 2012-02-28 770,263   L   0 0    
    ST. REGIS - BUILDING IMPROVEMENTS '12 2012-12-31 352,868 64,762 SL 27.500000000000 12,830 12,830    
    ST. REGIS - BUILDING IMPROVEMENTS '13 2013-06-30 212,286 35,057 SL 27.500000000000 7,719 7,719    
    13015 2012-12-07 51,871 9,509 SL 27.500000000000 1,886 1,886    
    13015 - LAND 2012-12-07 8,645   L   0 0    
    13016 PLANTATION 2012-12-31 69,623 12,761 SL 27.500000000000 2,531 2,531    
    13016 PLANTATION - LAND 2012-12-31 11,604   L   0 0    
    BERMUDA LAKES 2012-12-11 51,643 9,468 SL 27.500000000000 1,878 1,878    
    BERMUDA LAKES - LAND 2012-12-11 8,607   L   0 0    
    1840 FOXHALL CIRCLE 2012-02-10 46,228 9,666 SL 27.500000000000 1,681 1,681    
    2336 QUAKER 2012-02-24 98,407 21,022 SL 27.500000000000 3,578 3,578    
    2336 QUAKER - LAND 2012-02-24 16,401   L   0 0    
    3024 PARKWAY BLVD 2012-06-28 37,237 7,504 SL 27.500000000000 1,354 1,354    
    3024 PARKWAY BLVD - LAND 2012-06-28 6,206   L   0 0    
    3081 BLOOMSBURY DRIVE 2012-05-04 81,673 16,706 SL 27.500000000000 2,970 2,970    
    3081 BLOOMSBURY DRIVE - LAND 2012-05-04 13,612   L   0 0    
    BLANCO 2013-04-11 118,412 20,270 SL 27.500000000000 4,305 4,305    
    BLANCO - LAND 2013-04-11 19,735   L   0 0    
    3008 PPARKWAY BLVD #208B 2013-11-08 61,170 9,174 SL 27.500000000000 2,224 2,224    
    3008 PPARKWAY BLVD #208B - LAND 2013-11-08 10,195   L   0 0    
    PARKWAY UNIT 103 2013-11-22 67,203 10,081 SL 27.500000000000 2,444 2,444    
    PARKWAY UNIT 103 - LAND 2013-11-22 11,201   L   0 0    
    3032 PARKWAY #103 2013-06-22 80,978 13,371 SL 27.500000000000 2,944 2,944    
    3032 PARKWAY #103 - LAND 2013-06-22 13,496   L   0 0    
    3830 BOWLINE CIRCLE 2013-05-17 49,687 8,357 SL 27.500000000000 1,807 1,807    
    3830 BOWLINE CIRCLE - LAND 2013-05-17 8,281   L   0 0    
    3831 NAUTICAL WAY #204 2013-09-03 56,454 8,811 SL 27.500000000000 2,053 2,053    
    3831 NAUTICAL WAY #204 - LAND 2013-09-03 9,409   L   0 0    
    3835 NAUTICAL WAY 2013-08-09 52,330 8,326 SL 27.500000000000 1,903 1,903    
    3835 NAUTICAL WAY - LAND 2013-08-09 8,722   L   0 0    
    5279 IMAGES CIRCLE 2013-01-08 33,753 6,084 SL 27.500000000000 1,227 1,227    
    5279 IMAGES CIRCLE - LAND 2013-01-08 5,625   L   0 0    
    ST. REGIS - BUILDING IMPROVEMENTS '14 2014-06-30 153,942 19,824 SL 27.500000000000 5,597 5,597    
    1008 SPRING MEADOW DRIVE 2014-09-03 35,591 4,260 SL 27.500000000000 1,294 1,294    
    1008 SPRING MEADOW DRIVE - LAND 2014-09-03 5,932   L   0 0    
    14226 FREDRICKSBURG DRIVE 2014-10-21 117,971 13,761 SL 27.500000000000 4,289 4,289    
    14226 FREDRICKSBURG DRIVE - LAND 2014-10-21 19,662   L   0 0    
    2727 N. POINCIANA BLVD 2014-10-03 43,112 5,031 SL 27.500000000000 1,568 1,568    
    2727 N. POINCIANA BLVD - LAND 2014-10-03 7,185   L   0 0    
    13102 MULBERRY PARK 2014-01-31 108,774 15,656 SL 27.500000000000 3,955 3,955    
    13102 MULBERRY PARK - LAND 2014-01-31 18,129   L   0 0    
    13103 MULBERRY PARK #837 2014-01-30 71,501 10,292 SL 27.500000000000 2,600 2,600    
    13103 MULBERRY PARK #837 - LAND 2014-01-30 11,917   L   0 0    
    2314 PRIME CIRCLE 2014-05-09 77,076 10,158 SL 27.500000000000 2,802 2,802    
    2314 PRIME CIRCLE - LAND 2014-05-09 12,846   L   0 0    
    13025 MULBERRY PARK 2014-01-31 113,221 16,297 SL 27.500000000000 4,117 4,117    
    13025 MULBERRY PARK - LAND 2014-01-31 18,870   L   0 0    
    3020 PARKWAY BLVD #104 2014-01-28 62,602 9,010 SL 27.500000000000 2,276 2,276    
    3020 PARKWAY BLVD #104 - LAND 2014-01-28 10,434   L   0 0    
    1035 SPRING MEADOW DRIVE 2014-05-30 51,846 6,833 SL 27.500000000000 1,885 1,885    
    1035 SPRING MEADOW DRIVE - LAND 2014-05-30 8,641   L   0 0    
    13015 PLANTATION PARK #1014 2014-02-28 78,065 10,998 SL 27.500000000000 2,838 2,838    
    13015 PLANTATION PARK #1014 - LAND 2014-02-28 13,011   L   0 0    
    1213 BERMUDA LAKES 2014-04-11 66,675 8,990 SL 27.500000000000 2,424 2,424    
    1213 BERMUDA LAKES - LAND 2014-04-11 11,113   L   0 0    
    13103 MULBERRY PARK #226 2014-01-31 71,877 10,344 SL 27.500000000000 2,613 2,613    
    13103 MULBERRY PARK #226 - LAND 2014-01-31 11,980   L   0 0    
    2831 FOX SQUIRREL DRIVE 2014-03-18 58,240 8,031 SL 27.500000000000 2,118 2,118    
    2831 FOX SQUIRREL DRIVE - LAND 2014-03-18 9,707   L   0 0    
    13013 MULBERRY PARK #221 2014-01-31 108,843 15,667 SL 27.500000000000 3,958 3,958    
    13013 MULBERRY PARK #221 - LAND 2014-01-31 18,140   L   0 0    
    13013 MULBERRY PARK #216 2015-02-23 67,756 7,084 SL 27.500000000000 2,464 2,464    
    13013 MULBERRY PARK #216 - LAND 2015-02-23 11,293   L   0 0    
    13025 MULBERRY PARK #314 2015-10-19 109,106 8,761 SL 27.500000000000 3,967 3,967    
    13025 MULBERRY PARK #314 - LAND 2015-10-19 18,184   L   0 0    
    14304 FREDERICK DR #418 2015-02-20 92,595 9,680 SL 27.500000000000 3,367 3,367    
    14304 FREDERICK DR #418 - LAND 2015-02-20 15,432   L   0 0    
    3202 RIO GRANDE 2015-05-19 70,569 6,736 SL 27.500000000000 2,566 2,566    
    3202 RIO GRANDE - LAND 2015-05-19 11,761   L   0 0    
    3004 PARKWAY BLVD 2015-04-29 57,247 5,639 SL 27.500000000000 2,082 2,082    
    3004 PARKWAY BLVD - LAND 2015-04-29 9,541   L   0 0    
    13013 MULBERRY, 8300 ELM, 13003 PLANTATION 2015-02-23 586,669 61,330 SL 27.500000000000 21,331 21,331    
    13013 MULBERRY, 8300 ELM, 13003 PLANTATION - LAND 2015-02-23 97,778   L   0 0    
    ST. REGIS - BUILDING IMPROVEMENTS '15 2015-06-30 54,743 5,058 SL 27.500000000000 1,990 1,990    
    14238 FREDRICKSBURG DR #320 2016-07-15 127,080 6,739 SL 27.500000000000 4,621 4,621    
    14238 FREDRICKSBURG DR #320 - LAND 2016-07-15 21,180   L   0 0    
    14304 FREDERICK DR #412 2016-01-26 119,927 8,540 SL 27.500000000000 4,361 4,361    
    14304 FREDERICK DR #412 - LAND 2016-01-26 19,988   L   0 0    
    13803 FAIRWAY ISLAND DR #1612 2016-03-22 75,171 4,897 SL 27.500000000000 2,733 2,733    
    13803 FAIRWAY ISLAND DR #1612 - LAND 2016-03-22 12,528   L   0 0    
    13803 FAIRWAY ISLAND DR #1622 2016-03-22 75,171 4,897 SL 27.500000000000 2,733 2,733    
    13803 FAIRWAY ISLAND DR #1622 - LAND 2016-03-22 12,528   L   0 0    
    13941 FAIRWAY ISLAND DR #717 2016-03-22 75,171 4,897 SL 27.500000000000 2,733 2,733    
    13941 FAIRWAY ISLAND DR #717 - LAND 2016-03-22 12,528   L   0 0    
    13953 FAIRWAY ISLAND DR #612 2016-03-22 75,011 4,887 SL 27.500000000000 2,727 2,727    
    13953 FAIRWAY ISLAND DR #612 - LAND 2016-03-22 12,502   L   0 0    
    14037 FAIRWAY ISLAND DRIVE 2017-01-06 119,708 4,172 SL 27.500000000000 4,353 4,353    
    14037 FAIRWAY ISLAND DRIVE - LAND 2017-01-06 19,951   L   0 0    
    9 PROPERTIES 2017-12-15 950,103 1,444 SL 27.500000000000 34,546 34,546    
    9 PROPERTIES - LAND 2017-12-15 158,351   L   0 0    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE PHILANTHROPISTS CHARITY
    EIN:
    26-1302901
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INVESTMENT IN PUBLICLY TRADED SECURITIES 14,837,979 14,677,993

    TY 2018 InvestmentsLandSchedule2
    Name:
    THE PHILANTHROPISTS CHARITY
    EIN:
    26-1302901
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    10295 COLLINS #310-311 749,460 210,628 538,832 538,832
    10295 COLLINS #310-311 - LAND 124,910 0 124,910 124,910
    10295 #411 214,265 61,734 152,531 152,531
    10295 #411 - LAND 35,710 0 35,710 35,710
    2754 RIO GRANDE 58,025 15,078 42,947 42,947
    2754 RIO GRANDE - LAND 9,670 0 9,670 9,670
    10295 COLLINS #410 443,763 115,302 328,461 328,461
    10295 COLLINS #410 - LAND 73,960 0 73,960 73,960
    SW 134TH TERRACE 124,361 34,512 89,849 89,849
    SW 134TH TERRACE - LAND 20,727 0 20,727 20,727
    5275 IMAGES 34,868 8,927 25,941 25,941
    5275 IMAGES - LAND 5,763 0 5,763 5,763
    3032 PARKWAY 43,713 11,820 31,893 31,893
    3032 PARKWAY - LAND 7,286 0 7,286 7,286
    1125 MAXWELL #701 1,886,913 425,950 1,460,963 1,460,963
    1125 MAXWELL #701 - LAND 314,486 0 314,486 314,486
    2210 GRAND CAYMAN 36,700 8,839 27,861 27,861
    2210 GRAND CAYMAN - LAND 6,116 0 6,116 6,116
    3020 PARKWAY BLVD 44,701 10,631 34,070 34,070
    3020 PARKWAY BLVD - LAND 7,450 0 7,450 7,450
    ST. REGIS 4,623,418 1,155,643 3,467,775 3,467,775
    ST. REGIS - LAND 770,263 0 770,263 770,263
    ST. REGIS - BUILDING IMPROVEMENTS '12 352,868 77,592 275,276 275,276
    ST. REGIS - BUILDING IMPROVEMENTS '13 212,286 42,776 169,510 169,510
    13015 51,871 11,395 40,476 40,476
    13015 - LAND 8,645 0 8,645 8,645
    13016 PLANTATION 69,623 15,292 54,331 54,331
    13016 PLANTATION - LAND 11,604 0 11,604 11,604
    BERMUDA LAKES 51,643 11,346 40,297 40,297
    BERMUDA LAKES - LAND 8,607 0 8,607 8,607
    1840 FOXHALL CIRCLE 46,228 11,347 34,881 34,881
    2336 QUAKER 98,407 24,600 73,807 73,807
    2336 QUAKER - LAND 16,401 0 16,401 16,401
    3024 PARKWAY BLVD 37,237 8,858 28,379 28,379
    3024 PARKWAY BLVD - LAND 6,206 0 6,206 6,206
    3081 BLOOMSBURY DRIVE 81,673 19,676 61,997 61,997
    3081 BLOOMSBURY DRIVE - LAND 13,612 0 13,612 13,612
    BLANCO 118,412 24,575 93,837 93,837
    BLANCO - LAND 19,735 0 19,735 19,735
    3008 PPARKWAY BLVD #208B 61,170 11,398 49,772 49,772
    3008 PPARKWAY BLVD #208B - LAND 10,195 0 10,195 10,195
    PARKWAY UNIT 103 67,203 12,525 54,678 54,678
    PARKWAY UNIT 103 - LAND 11,201 0 11,201 11,201
    3032 PARKWAY #103 80,978 16,315 64,663 64,663
    3032 PARKWAY #103 - LAND 13,496 0 13,496 13,496
    3830 BOWLINE CIRCLE 49,687 10,164 39,523 39,523
    3830 BOWLINE CIRCLE - LAND 8,281 0 8,281 8,281
    3831 NAUTICAL WAY #204 56,454 10,864 45,590 45,590
    3831 NAUTICAL WAY #204 - LAND 9,409 0 9,409 9,409
    3835 NAUTICAL WAY 52,330 10,229 42,101 42,101
    3835 NAUTICAL WAY - LAND 8,722 0 8,722 8,722
    5279 IMAGES CIRCLE 33,753 7,311 26,442 26,442
    5279 IMAGES CIRCLE - LAND 5,625 0 5,625 5,625
    ST. REGIS - BUILDING IMPROVEMENTS '14 153,942 25,421 128,521 128,521
    1008 SPRING MEADOW DRIVE 35,591 5,554 30,037 30,037
    1008 SPRING MEADOW DRIVE - LAND 5,932 0 5,932 5,932
    14226 FREDRICKSBURG DRIVE 117,971 18,050 99,921 99,921
    14226 FREDRICKSBURG DRIVE - LAND 19,662 0 19,662 19,662
    2727 N. POINCIANA BLVD 43,112 6,599 36,513 36,513
    2727 N. POINCIANA BLVD - LAND 7,185 0 7,185 7,185
    13102 MULBERRY PARK 108,774 19,611 89,163 89,163
    13102 MULBERRY PARK - LAND 18,129 0 18,129 18,129
    13103 MULBERRY PARK #837 71,501 12,892 58,609 58,609
    13103 MULBERRY PARK #837 - LAND 11,917 0 11,917 11,917
    2314 PRIME CIRCLE 77,076 12,960 64,116 64,116
    2314 PRIME CIRCLE - LAND 12,846 0 12,846 12,846
    13025 MULBERRY PARK 113,221 20,414 92,807 92,807
    13025 MULBERRY PARK - LAND 18,870 0 18,870 18,870
    3020 PARKWAY BLVD #104 62,602 11,286 51,316 51,316
    3020 PARKWAY BLVD #104 - LAND 10,434 0 10,434 10,434
    1035 SPRING MEADOW DRIVE 51,846 8,718 43,128 43,128
    1035 SPRING MEADOW DRIVE - LAND 8,641 0 8,641 8,641
    13015 PLANTATION PARK #1014 78,065 13,836 64,229 64,229
    13015 PLANTATION PARK #1014 - LAND 13,011 0 13,011 13,011
    1213 BERMUDA LAKES 66,675 11,414 55,261 55,261
    1213 BERMUDA LAKES - LAND 11,113 0 11,113 11,113
    13103 MULBERRY PARK #226 71,877 12,957 58,920 58,920
    13103 MULBERRY PARK #226 - LAND 11,980 0 11,980 11,980
    2831 FOX SQUIRREL DRIVE 58,240 10,149 48,091 48,091
    2831 FOX SQUIRREL DRIVE - LAND 9,707 0 9,707 9,707
    13013 MULBERRY PARK #221 108,843 19,625 89,218 89,218
    13013 MULBERRY PARK #221 - LAND 18,140 0 18,140 18,140
    13013 MULBERRY PARK #216 67,756 9,548 58,208 58,208
    13013 MULBERRY PARK #216 - LAND 11,293 0 11,293 11,293
    13025 MULBERRY PARK #314 109,106 12,728 96,378 96,378
    13025 MULBERRY PARK #314 - LAND 18,184 0 18,184 18,184
    14304 FREDERICK DR #418 92,595 13,047 79,548 79,548
    14304 FREDERICK DR #418 - LAND 15,432 0 15,432 15,432
    3202 RIO GRANDE 70,569 9,302 61,267 61,267
    3202 RIO GRANDE - LAND 11,761 0 11,761 11,761
    3004 PARKWAY BLVD 57,247 7,721 49,526 49,526
    3004 PARKWAY BLVD - LAND 9,541 0 9,541 9,541
    13013 MULBERRY, 8300 ELM, 13003 PLANTATION 586,669 82,661 504,008 504,008
    13013 MULBERRY, 8300 ELM, 13003 PLANTATION - LAND 97,778 0 97,778 97,778
    ST. REGIS - BUILDING IMPROVEMENTS '15 54,743 7,048 47,695 47,695
    14238 FREDRICKSBURG DR #320 127,080 11,360 115,720 115,720
    14238 FREDRICKSBURG DR #320 - LAND 21,180 0 21,180 21,180
    14304 FREDERICK DR #412 119,927 12,901 107,026 107,026
    14304 FREDERICK DR #412 - LAND 19,988 0 19,988 19,988
    13803 FAIRWAY ISLAND DR #1612 75,171 7,630 67,541 67,541
    13803 FAIRWAY ISLAND DR #1612 - LAND 12,528 0 12,528 12,528
    13803 FAIRWAY ISLAND DR #1622 75,171 7,630 67,541 67,541
    13803 FAIRWAY ISLAND DR #1622 - LAND 12,528 0 12,528 12,528
    13941 FAIRWAY ISLAND DR #717 75,171 7,630 67,541 67,541
    13941 FAIRWAY ISLAND DR #717 - LAND 12,528 0 12,528 12,528
    13953 FAIRWAY ISLAND DR #612 75,011 7,614 67,397 67,397
    13953 FAIRWAY ISLAND DR #612 - LAND 12,502 0 12,502 12,502
    14037 FAIRWAY ISLAND DRIVE 119,708 8,525 111,183 111,183
    14037 FAIRWAY ISLAND DRIVE - LAND 19,951 0 19,951 19,951
    9 PROPERTIES 950,103 35,990 914,113 914,113
    9 PROPERTIES - LAND 158,351 0 158,351 158,351

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE PHILANTHROPISTS CHARITY
    EIN:
    26-1302901
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN LIFCO AT COST 5,425,070 5,425,070
    INVESTMENT IN LAKEWOOD HIGHGATE AT COST 1,440,967 1,440,967
    INVESTMENT IN WF LIBERTY AT COST 8,473,735 8,473,735
    INVESTMENT IN LAWRENCE TUSCANY AT COST 146,675 146,675
    INVESTMENT IN NEW SI WATER AT COST 1,944,462 1,944,462

    TY 2018 LegalFeesSchedule
    Name:
    THE PHILANTHROPISTS CHARITY
    EIN:
    26-1302901
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 11,387 11,387   0


    TY 2018 OtherExpensesSchedule
    Name:
    THE PHILANTHROPISTS CHARITY
    EIN:
    26-1302901
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LICENSES & FEES 8,228 8,228   0


    TY 2018 OtherIncomeSchedule2
    Name:
    THE PHILANTHROPISTS CHARITY
    EIN:
    26-1302901
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LAKEWOOD HIGHGATE 107,342 107,342 107,342
    LAWRENCE TUSCANY -3,723 -3,723 -3,723
    LIFCO HOTELS 60,019 60,019 60,019
    NEW SI WATER -34,146 -34,146 -34,146
    WF LIBERTY -530,783 -530,783 -530,783


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE PHILANTHROPISTS CHARITY
    EIN:
    26-1302901
    Description Beginning of Year - Book Value End of Year - Book Value
    SECURITY DEPOSITS PAYABLE 9,350 9,350
    LIFCO 1,580,050 1,580,050
    DEPOSIT PAYABLE 400,000 0
    LAWRENCE TUSCANY 1,700,000 1,700,000
    DUE TO AFFILIATE 6,244 0


    TY 2018 SubstantialContributorsSch
    Name:
    THE PHILANTHROPISTS CHARITY
    EIN:
    26-1302901
    Name Address
    MICHAEL KONIG 324 HIALEAH DRIVE
    CHERRY HILL,NJ08002


    TY 2018 TaxesSchedule
    Name:
    THE PHILANTHROPISTS CHARITY
    EIN:
    26-1302901
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INCOME TAXES 558,533 0   0