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
LAW FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)820 MORRIS TURNPIKE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SHORT HILLS, NJ07078
A Employer identification number

22-3074635
B Telephone number (see instructions)

(973) 924-8246
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$175,736,600
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 26,838,207
2 Check bullet.............
3 Interest on savings and temporary cash investments 34,816 34,816  
4 Dividends and interest from securities... 5,447,752 5,447,752  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 129,341
b Gross sales price for all assets on line 6a 23,096,389
7 Capital gain net income (from Part IV, line 2)... 540,679
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)....... 77,651 96,853  
12 Total. Add lines 1 through 11........ 32,527,767 6,120,100  
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)......... 3,064 3,064   0
b Accounting fees (attach schedule)....... 6,500 6,500   0
c Other professional fees (attach schedule).... 205,706 205,706   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 173,222 2,068   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 352,657 325,811   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 741,149 543,149   0
25 Contributions, gifts, grants paid....... 7,228,960 7,228,960
26 Total expenses and disbursements. Add lines 24 and 25 7,970,109 543,149   7,228,960
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 24,557,658
b Net investment income (if negative, enter -0-) 5,576,951
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 4,590,681 5,967,310 5,967,310
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 7,644 7,644 7,644
10a Investments—U.S. and state government obligations (attach schedule) 2,819,540 Click to see attachment2,486,637 2,557,150
b Investments—corporate stock (attach schedule)....... 10,840,447 Click to see attachment27,845,730 26,761,518
c Investments—corporate bonds (attach schedule)....... 86,898,956 Click to see attachment94,074,876 91,150,123
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 51,141,947 Click to see attachment51,082,862 49,292,855
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) 156,299,215 181,465,059 175,736,600
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 156,299,215 181,465,059
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)..... 156,299,215 181,465,059
31 Total liabilities and net assets/fund balances (see instructions). 156,299,215 181,465,059
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
156,299,215
2
Enter amount from Part I, line 27a .....................
2
24,557,658
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
608,186
4
Add lines 1, 2, and 3 ..........................
4
181,465,059
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
181,465,059
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b CAPITAL GAIN FROM PARTNERSHIP P    
c CAPITAL GAIN DISTRIBUTION P    
d CASH IN LIEU P    
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 22,592,851   22,546,501 46,350
b 7,484   9,209 -1,725
c 496,030     496,030
d 24     24
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       46,350
b       -1,725
c       496,030
d       24
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 2 540,679
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 6,652,737 144,945,752 0.045898
2016 6,488,245 138,870,513 0.046722
2015 6,150,500 130,616,474 0.047088
2014 5,526,095 124,802,760 0.044279
2013 5,459,633 116,710,816 0.046779
2
Total of line 1, column (d) .....................
2
0.230766
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
0.046153
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
162,184,126
5
Multiply line 4 by line 3......................
5
7,485,284
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
55,770
7
Add lines 5 and 6........................
7
7,541,054
8
Enter qualifying distributions from Part XII, line 4,.............
8
7,228,960
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 1 111,539
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........................... 3 111,539
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- ..... 5 111,539
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 90,862
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 30,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 120,862
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 9,323
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet9,323 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    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 .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletCITRIN COOPERMAN Telephone no.bullet (212) 697-1000

    Located atbullet529 FIFTH AVENUENEW YORKNY ZIP+4bullet10017
    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
    LEONARD WILF TRUSTEE, CHAIRMAN & PRESIDENT
    0.25
    0 0 0
    820 MORRIS TURNPIKE
    SHORT HILLS,NJ07078
    ORIN WILF TRUSTEE & VICE PRESIDENT
    0.25
    0 0 0
    820 MORRIS TURNPIKE
    SHORT HILLS,NJ07078
    BETH WILF TRUSTEE, SECRETARY & TREASURER
    0.25
    0 0 0
    820 MORRIS TURNPIKE
    SHORT HILLS,NJ07078
    ZYGMUNT WILF TRUSTEE
    0.25
    0 0 0
    820 MORRIS TURNPIKE
    SHORT HILLS,NJ07078
    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
     
    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
     
    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   0
    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 0
    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
    111,537,517
    b
    Average of monthly cash balances.......................
    1b
    2,429,730
    c
    Fair market value of all other assets (see instructions)................
    1c
    50,686,688
    d
    Total (add lines 1a, b, and c).........................
    1d
    164,653,935
    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
    164,653,935
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,469,809
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    162,184,126
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    8,109,206
    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
    8,109,206
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    111,539
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    111,539
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,997,667
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    7,997,667
    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
    7,997,667
    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
    7,228,960
    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
    7,228,960
    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
    7,228,960
    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 7,997,667
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 7,080,053
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 7,228,960
    a Applied to 2017, but not more than line 2a 7,080,053
    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..... 148,907
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........
    7,848,760
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    LEONARD WILF
    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
    ALBERT EINSTEIN COLLEGE OF MEDICINE
    1300 MORRIS PARK AVENUE ROOM 312
    BRONX,NY10461
        GENERAL 500,000
    ALLEN-STEVENSON SCHOOL
    132 EAST 78TH STREET
    NEW YORK,NY10021
        GENERAL 132,900
    ALS ASSOCIATION FLORIDA CHAPTER
    3242 PARKSIDE CENTER CIRCLE
    TAMPA,FL33619
        GENERAL 250
    AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE
    220 EAST 42ND STREET SUITE 400
    NEW YORK,NY10017
        GENERAL 100,000
    AMERICAN NATIONAL RED CROSS
    430 17TH STREET NW
    WASHINGTON,DC20006
        GENERAL 200,000
    AMERICAN SOCIETY FOR YAD VASHEM
    500 FIFTH AVENUE
    NEW YORK,NY10110
        GENERAL 778,600
    ARMY HISTORICAL FOUNDATION
    PO BOX 96281
    WASHINGTON,DC20090
        GENERAL 1,000
    ATLAS DIY
    462 36TH STREET
    BROOKLYN,NY11232
        GENERAL 50,000
    BIRCH WATHEN LENOX SCHOOL
    210 EAST 77TH STREET
    NEW YORK,NY10021
        GENERAL 2,500
    BUCKNELL UNIVERSITY
    122 MARTS HALL
    LEWISBURG,PA17837
        GENERAL 1,000
    CALIFORNIA INSTITUTE OF TECHNOLOGY
    1200 EAST CALIFORNIA BLVD
    PASADENA,CA91125
        GENERAL 50,000
    CENTRAL PARK CONSERVANCY
    14 EAST 60TH STREET
    NEW YORK,NY10022
        GENERAL 11,000
    CHABAD AT WASHINGTON UNIVERSITY IN ST LOUIS
    7018 FORSYTH BLVD
    ST LOUIS,MO63105
        GENERAL 1,000
    CHILD MIND INSTITUTE INC
    445 PARK AVENUE
    NEW YORK,NY10022
        GENERAL 1,000
    COMMUNITY FOOD BANK OF NEW JERSEY
    31 EVANS TERMINAL ROAD
    HILLSIDE,NJ07205
        GENERAL 10,000
    CROHN'S & COLITIS FOUNDATION OF AMERICA
    498 SEVENTH AVENUE 20TH FLOOR
    NEW YORK,NY10018
        GENERAL 2,500
    DAUGHTERS OF ISRAEL
    1155 PLEASANT VALLEY WAY
    WEST ORANGE,NJ07052
        GENERAL 3,000
    DREAM
    1991 2ND AVENUE
    NEW YORK,NY10029
        GENERAL 25,000
    FILM SOCIETY OF LINCOLN CENTER
    70 LINCOLN CENTER PLAZA
    NEW YORK,NY10023
        GENERAL 10,000
    FLORIDA OCEANOGRAPHIC SOCIETY INC
    890 NE OCEAN BLVD
    STUART,FL34996
        GENERAL 1,000
    FOOD BANK FOR NEW YORK CITY
    39 BROADWAY 10TH FLOOR
    NEW YORK,NY10006
        GENERAL 10,000
    FOUNDATION FOR MORRISTOWN MEDICAL CENTER
    100 MADISON AVENUE
    MORRISTOWN,NJ07962
        GENERAL 50,000
    FRESH AIR FUND
    633 THIRD AVENUE
    NEW YORK,NY10017
        GENERAL 10,000
    FRIENDS OF THE ISRAEL DEFENSE FORCES
    1430 BROADWAY
    NEW YORK,NY10018
        GENERAL 100,000
    FRIENDS OF TRANQUILLITY CAMP
    PO BOX 378
    WOODMERE,NY11598
        GENERAL 250
    FULFILL
    3300 ROUTE 66
    NEPTUNE,NJ07753
        GENERAL 10,000
    GEORGE W BUSH PRESIDENTIAL CENTER
    PO BOX 600610
    DALLAS,TX75360
        GENERAL 50,000
    GEORGETOWN UNIVERSITY LAW CENTER
    3300 WHITEHAVEN STREET SUITE 300
    WASHINGTON,DC20007
        GENERAL 5,000
    GIFT OF LIFE BONE MARROW FOUNDATION
    800 YAMATO ROAD SUITE 101
    BOCA RATON,FL33431
        GENERAL 5,000
    GREEN BERET FOUNDATION
    14402 BLANCO ROAD SUITE 101
    SAN ANTONIO,TX78216
        GENERAL 10,000
    HARMONIE PRESERVATION FOUNDATION INC
    4 EAST 60TH ST
    NEW YORK,NY10022
        GENERAL 50,000
    HENRY STREET SETTLEMENT
    265 HENRY STREET
    NEW YORK,NY10002
        GENERAL 25,000
    HEROES TO HEROES FOUNDATION
    96 LINWOOD PLAZA
    FORT LEE,NJ07024
        GENERAL 1,000
    HILLEL AT WASHINGTON UNIVERSITY
    63 FORSYTH BLVD
    ST LOUIS,MO63105
        GENERAL 1,000
    HUN SCHOOL OF PRINCETON
    176 EDGERSTOUNE ROAD
    PRINCETON,NJ08540
        GENERAL 50,000
    INTERFAITH FOOD PANTRY
    2 EXECUTIVE DRIVE
    MORRIS PLAINS,NJ07950
        GENERAL 10,000
    INVESTIGATIVE PROJECT ON TERRORISM FOUNDATION
    5614 CONNECTICUT AVENUE NW SUITE
    341
    WASHINGTON,DC20015
        GENERAL 10,000
    JACKIE ROBINSON FOUNDATION
    75 VARICK STREET 2ND FLOOR
    NEW YORK,NY10013
        GENERAL 10,000
    JAFI
    633 THIRD AVE NO 2100
    NEW YORK,NY10017
        GENERAL 500,000
    JASA
    247 WEST 37TH STREET 9TH FLOOR
    NEW YORK,NY10018
        GENERAL 2,500
    JERUSALEM FOUNDATION
    420 LEXINGTON AVENUE
    NEW YORK,NY10170
        GENERAL 375,000
    JEWISH EDUCATIONAL CENTER
    330 ELMORA AVENUE
    ELIZABETH,NJ07208
        GENERAL 1,000
    JEWISH FEDERATION OF PALM BEACH COUNTY
    1 HARVARD CIRCLE SUITE 100
    WEST PALM BEACH,FL33409
        GENERAL 10,000
    JEWISH FEDERATIONS OF NORTH AMERICA
    25 BROADWAY SUITE 1700
    NEW YORK,NY10004
        GENERAL 165,000
    JEWISH MUSEUM
    1109 FIFTH AVENUE
    NEW YORK,NY10128
        GENERAL 500
    KRAVIS CENTER FOR THE PERFORMING ARTS
    701 OKEECHOBEE BLVD
    WEST PALM BCH,FL33401
        GENERAL 5,000
    LEXINGTON INSTITUTE
    1600 WILSON BLVD SUITE 203
    ARLINGTON,VA22209
        GENERAL 10,000
    LIVINGSTON SYMPHONY ORCHESTRA
    PO BOX 253
    LIVINGSTON,NJ07039
        GENERAL 1,000
    LOS ANGELES POLICE MEMORIAL
    1880 ACADEMY DRIVE
    LOS ANGELES,CA90012
        GENERAL 5,000
    METROPOLITAN MUSEUM OF ART
    1000 FIFTH AVE
    NEW YORK,NY10028
        GENERAL 95,000
    MOUNT SINAI HEALTH SYSTEM
    1468 MADISON AVENUE
    NEW YORK,NY10029
        GENERAL 1,000
    MRCC FOUNDATION INC
    713 PASSAIC AVENUE
    WEST CALDWELL,NJ07006
        GENERAL 500
    NANCY DAVIS FOUNDATION FOR MS
    1875 CENTURY PARK EAST SUITE 980
    LOS ANGELES,CA90067
        GENERAL 2,500
    NATIONAL SEPTEMBER 11 MEMORIAL & MUSEUM
    180 GREENWICH STREET
    NEW YORK,NY10007
        GENERAL 2,500
    NEW JERSEY STATE BAR FOUNDATION
    1 CONSTITUTION SQUARE
    NEW BRUNSWICK,NJ08901
        GENERAL 500
    NEW YORK STEM CELL FOUNDATION INC
    1995 BROADWAY SUITE 600
    NEW YORK,NY10023
        GENERAL 25,000
    NEW YORK UNIVERSITY
    25 WEST FOURTH STREET SUITE 201A
    NEW YORK,NY10012
        GENERAL 700,000
    NEW YORK UNIVERSITY SCHOOL OF LAW
    22 WASHINGTON SQUARE NORTH 2ND
    FLOOR
    NEW YORK,NY10011
        GENERAL 150,000
    NEW YORK WEILL CORNELL HOSPITAL
    850 THIRD AVENUE
    NEW YORK,NY10022
        GENERAL 1,450,000
    NEW YORK YANKEES FOUNDATION
    EAST 161ST STREET AND RIVER AVENUE
    BRONX,NY10451
        GENERAL 1,000
    OPERATION FINALLY HOME
    1659 STATE HIGHWAY 46 WEST SUITE 11
    NEW BRAUNFELS,TX78132
        GENERAL 10,000
    PALM BEACH COUNTRY CLUB FOUNDATION INC
    760 NORTH OCEAN BLVD
    PALM BEACH,FL33480
        GENERAL 5,000
    PALM BEACH ORTHODOX SYNAGOGUE
    120 NORTH COUNTY ROAD
    PALM BEACH,FL33480
        GENERAL 18,000
    PALM BEACH POLICE FOUNDATION INC
    139 NORTH COUNTY ROAD SUITE 20C
    PALM BEACH,FL33480
        GENERAL 5,000
    PALM BEACH UNITED WAY
    44 COCOANUT ROW SUITE
    PALM BEACH,FL33480
        GENERAL 15,000
    PARK EAST SYNAGOGUE
    164 EAST 68TH STREET
    NEW YORK,NY10065
        GENERAL 50,100
    PECONIC HOCKEY FOUNDATION INC
    PO BOX 374
    WADING RIVER,NY11792
        GENERAL 5,000
    PHILADELPHIA HOLOCAUST REMEMBRANCE FOUNDATION
    2100 ARCH STREET
    PHILADELPHIA,PA19103
        GENERAL 25,000
    PS 89 PTA
    201 WARREN STREET
    NEW YORK,NY10282
        GENERAL 1,000
    RABBINICAL COLLEGE OF AMERICA
    PO BOX 1996
    MORRISTOWN,NJ07962
        GENERAL 25,000
    RETHINK ISRAEL INITIATIVE
    1200 ROUTE 22
    BRIDGEWATER,NJ08807
        GENERAL 100,000
    ROGER WILLIAMS UNIVERSITY
    ONE OLD FERRY ROAD
    BRISTOL,RI02809
        GENERAL 100,000
    SILVER SHIELD FOUNDATION
    870 UNITED NATIONS PLAZA
    NEW YORK,NY10017
        GENERAL 10,000
    SUNRISE ASSOCIATION
    15 NEIL COURT
    OCEANSIDE,NY11572
        GENERAL 78,000
    SUTTON PLACE SYNAGOGUE
    225 EAST 51ST STREET
    NEW YORK,NY10022
        GENERAL 18,000
    THE FIRST TEE
    425 SOUTH LEGACY TRAIL
    ST AUGUSTINE,FL32092
        GENERAL 150,000
    THE FIRST TEE OF METROPOLITAN NEW YORK
    3545 JEROME AVENUE
    BRONX,NY10467
        GENERAL 150,000
    THE FIRST TEE PALM BEACHES
    7301 HAVERHILL ROAD NORTH
    RIVIERA BEACH,FL33407
        GENERAL 50,000
    THE SAMFUND
    89 SOUTH STREET SUITE
    BOSTON,MA02111
        GENERAL 6,000
    UJA-FEDERATION OF NEW YORK
    130 EAST 59TH STREET
    NEW YORK,NY10022
        GENERAL 460,000
    UNITED WAY OF GREATER UNION COUNTY
    33 WEST GRAND STREET
    ELIZABETH,NJ07202
        GENERAL 80,000
    UNIVERSITY OF PENNSYLVANIA
    2929 WALNUT STREET SUITE 300
    PHILADELPHIA,PA19104
        GENERAL 1,860
    US HOLOCAUST MEMORIAL MUSEUM
    60 EAST 42ND STREET SUITE 2540
    NEW YORK,NY10165
        GENERAL 50,000
    WASHINGTON UNIVERSITY
    700 ROSEDALE AVENUE
    SAINT LOUIS,MO63112
        GENERAL 25,000
    Total .................................bullet 3a 7,228,960
    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 34,816  
    4 Dividends and interest from securities....     14 5,447,752  
    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.....     14 77,651  
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 129,341  
    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 5,689,560 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,689,560
    (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
    LAW FOUNDATION INC
     
    Employer identification number

    22-3074635
    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
    LAW FOUNDATION INC
     
    Employer identification number
    22-3074635
    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
    ESTATE OF JUDITH WILF
     
    820 MORRIS TURNPIKE
     
    SHORT HILLS, NJ07078

    $ 25,729,080


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    2
    1999 JUDITH WILF CHARITABLE LEAD TRUST
     
    824 MORRIS TURNPIKE
     
    SHORT HILLS, NJ07078

    $ 270,054


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    3
    2003 JUDITH WILF CHARITABLE LEAD TRUST
     
    823 MORRIS TURNPIKE
     
    SHORT HILLS, NJ07078

    $ 256,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    4
    LEONARD WILF
     
    828 MORRIS TURNPIKE
     
    SHORT HILLS, NJ07078

    $ 233,050


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    5
    2002 JUDITH WILF CHARITABLE LEAD TRUST
     
    822 MORRIS TURNPIKE
     
    SHORT HILLS, NJ07078

    $ 218,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    6
    1998 JUDITH WILF CHARITABLE LEAD TRUST
     
    825 MORRIS TURNPIKE
     
    SHORT HILLS, NJ07078

    $ 108,023


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    LAW FOUNDATION INC
     
    Employer identification number
    22-3074635
    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
    7
    HARLEY WILF CHARITABLE LEAD TRUST
     
    826 MORRIS TURNPIKE
     
    SHORT HILLS, NJ07078

    $ 12,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    8
    ALEX WILF CHARITABLE LEAD TRUST
     
    827 MORRIS TURNPIKE
     
    SHORT HILLS, NJ07078

    $ 12,000


    (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.)
    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
    LAW FOUNDATION INC
     
    Employer identification number

    22-3074635
    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
    LAW FOUNDATION INC
     
    Employer identification number

    22-3074635
    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:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,500 6,500   0

    TY 2018 ExplnOfNonFilingWithAGStmt
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Statement:
    THE FOUNDATION IS NOT REQUIRED TO FILE A COPY OF FORM 990-PF WITH THE NEW JERSEY ATTORNEY GENERAL BECAUSE IT DOES NOT SOLICIT FUNDS FROM THE PUBLIC.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Name of Bond End of Year Book Value End of Year Fair Market Value
    3M COMPANY 3 25 518,903 489,505
    ABBOTT LAB 3.4 23 530,957 531,374
    ABBVIE INC 2.85 23 624,910 602,238
    ACTIVISION BLIZZARD INC 2.3 21 401,370 389,556
    ADOBE SYSTEMS 4.75 20 257,155 254,988
    ADOBE SYSTEMS 4.75 20 333,430 305,985
    AERCAP IRELAND CAP/GLOBA 3.5 25 795,520 729,896
    AETNA INC 2.75 22 255,433 239,843
    AETNA INC 3.50 24 254,562 241,715
    AETNA LIFE 7.25 168,548 227,836
    AFLAC INC 3.625 23 261,433 250,830
    AFLAC INC 4 22 253,825 255,113
    AFLAC INC3.625 24 264,623 249,805
    AGILENT TECHNOLOGIES 5 20 268,853 256,670
    AIR LEASE 3.375 19 817,568 799,928
    ALTRIA GROUP 4.75 21 264,757 255,510
    ALTRIA GROUP INC 2.85 22 249,694 239,995
    AMERICAN EXPRESS CO 3.625 24 250,498 244,395
    AMERICAN INTL GROUP 3.75 25 258,715 239,363
    AMERICAN INTL GROUP 3.9 26 257,100 240,518
    AMGEN 3.875 21 654,440 607,938
    AMGEN INC 3.625 22 264,821 251,715
    AMGEN INC 3.625 24 258,778 249,240
    AMGEN INC 4.1 21 215,305 203,938
    ANHEUSER-BUSCH INBEV 3.7 24 261,208 244,990
    APPLE INC 3.2 25 258,223 245,870
    APPLE INC 3.45 24 103,832 100,474
    APPLE INC. 3 24 712,082 691,299
    AT & T INC 3.400 25 247,048 235,413
    AT & T INC3.8 22 810,616 803,488
    AT&T 6.5 29 494,005 554,850
    AUTONATION INC 5.5 20 546,605 510,900
    AVALONBAY COMMUNITIES INC 2.85 23 254,063 244,445
    AVALONBAY COMMUNITIES, INC. MTN 4.2% 23 1,638,616 1,439,522
    BAIDU, INC. 3.875% 09/29/2023 324,236 323,528
    BANK OF AMERICA 2.503 22 600,000 577,698
    BANK OF NEW YORK MELLON 3 28 250,145 229,610
    BANK OF NEW YORK MELLON 3.65 24 269,565 250,513
    BANK OF NEW YORK MELLON 3.95 25 107,607 101,466
    BARCLAYS BANK 5.125 20 267,155 253,948
    BAT INTL FINANCE PLC 3.5 22 628,023 587,034
    BELL SOUTH TELECOM 6.375 28 388,233 426,564
    BERKSHIRE HATHAWAY 4.25 21 247,464 256,428
    BERKSHIRE HATHAWAY INC 2.75 23 603,030 589,008
    BERKSHIRE HATHAWAY INC 3.125 26 259,738 242,310
    BERKSHIRE HATHAWAY INC 3.4 22 259,375 253,305
    BLACKROCK 4.25 21 262,033 257,368
    BP CAPITAL MARKETS AMERICA INC 3.796% 25 1,000,000 1,004,820
    BRISTOL-MYERS SQUIBB CO 2 22 244,450 240,283
    BRISTOL-MYERS SQUIBB CO 3.25 27 263,050 243,958
    BURLINGTON NORTH SANTE FE 3.05 22 263,875 249,698
    BURLINGTON NORTH SANTE FE 3.85 23 272,115 256,740
    BURLINGTON NORTHERN 4.1 21 266,983 256,545
    CAMPBELL SOUP CO 2.5 22 509,003 473,565
    CAMPBELL SOUP CO 3.3 25 254,868 230,948
    CAPITAL ONE BANK 3.375 23 510,174 506,924
    CATERPILLAR INC 3.4 24 275,632 251,058
    CBS CORP 3.5 25 1,448,542 1,334,410
    CBS CORP 3.5 25 255,265 238,288
    CHARLES SCHWAB 3.2 28 248,420 239,585
    CHEVRON CORP 257,200 242,098
    CIGNA 4.375 20 256,158 254,543
    CIGNA CORP 3.25 25 249,555 237,588
    CIGNA CORP 4 22 263,430 252,560
    CISCO SYSTEMS 4.95 19 264,731 251,018
    CITIGROUP 4.4 25 267,766 244,660
    CITIGROUP 4.45 27 268,948 240,955
    CITIZEN BANK NA 2.5 19 599,934 599,430
    CLOROX COMPANY 3.05 22 263,748 247,323
    CLOROX COMPANY 3.8 21 210,639 204,048
    CNA FINANCIAL CORP 5.875 20 871,148 778,043
    COCA-COLA CO 2.5 23 258,125 244,000
    COCA-COLA CO 3.2 23 258,605 250,778
    COLGATE-PALMOLIVE CO 3.25 24 260,830 251,260
    COLGATE-POLMOLIVE CO 2.3 22 255,840 244,705
    COMCAST 5.15 20 255,866 255,913
    COMCAST CORP 3.125 22 264,885 249,340
    COMCAST CORP 3.3 27 260,278 238,263
    CONOCOPHILLIPS CO 4.95 26 282,220 267,535
    CONSOLIDATED EDISON CO 04.0% 12/01/2028 1,423,946 1,460,383
    CREDIT SUISSE 5.4 20 251,653 253,868
    CROWN CASTLE INTL CORP 3.2 24 498,605 474,355
    CSX 4.25 21 267,617 255,535
    CVS CAREMARK 4.125 21 199,476 202,368
    CVS CAREMARK CORP 2.75 22 256,575 240,603
    DIAMOND 1 FINANCE CORP 4.42 21 797,656 748,763
    DISCOVER BANK-3.35% 02/06/2023 USD DE 579,510 584,016
    DOLLAR GENERAL CORPO 3.25 23 628,839 586,242
    DOW CHEMICAL CO 4.125 21 266,475 254,398
    DUPONT 4.625 20 257,815 254,345
    ECOLAB 4.35 21 242,066 217,807
    ELI LILLY 3.1 27 499,165 484,100
    EMERSON ELECTRIC 4.25 20 255,343 255,058
    ESTEE LAUDER CO INC 2.35 22 248,700 242,438
    EXPRESS SCRIPTS HOLDING CO 3.9 22 670,589 652,997
    EXXON MOBIL CORP 3.043 26 254,763 243,893
    FEDEX CORP 2.7 23 254,340 241,628
    FEDEX CORP 4 24 265,213 256,030
    FORD MOTOR 7.45 31 187,744 206,204
    FORD MOTOR CREDIT COMPANY LLC 1.897 19 250,000 247,540
    FORD MOTOR CREDIT COMPANY LLC 2.597 250,000 247,540
    FORD MOTOR CREDIT COMPANY LLC 5.75 570,510 509,950
    FORD MOTOR GLOBAL BONDS 6.625 28 185,506 201,982
    GENERAL MILLS INC 3.15 21 258,523 247,990
    GENERAL MILLS INC 3.2 27 251,623 229,858
    GENERAL MOTORS FINL 003.25 23 899,379 847,548
    GOLDMAN SACHS 3.5 26 250,875 230,913
    GOLDMAN SACHS CAPITAL I 6.345 34 202,345 223,216
    GTE CORP 6.94 28 215,506 231,674
    HALLIBURTON CO 3.8 25 261,695 242,248
    HEWLETT-PACKARD 3.75 20 244,093 252,988
    HOME DEPOT 3.0 26 509,045 484,320
    HOME DEPOT 3.95 20 261,453 254,080
    HUMANA INC 3.95 27 534,278 488,490
    HUMANA INC3.85 24 276,758 249,798
    INTEL 3.15 27 258,553 242,793
    INTEL 3.3 21 262,163 252,648
    INTERPUBLIC GROUP COS 4.2 24 856,811 799,576
    INTL PAPER CO 4.75 22 105,421 100,149
    JOHNSON &JOHNSON 3.55 21 284,333 252,645
    JP MORGAN CHASE 4.95 20 156,865 153,174
    JPMORGAN CHASE & CO 2.25 20 348,583 346,514
    JPMORGAN CHASE & CO 3.125 25 243,475 238,178
    JPMORGAN CHASE & CO 3.125 25 249,890 238,178
    JPMORGAN CHASE 3.625 27 253,803 232,643
    KELLOGG CO 3.125 22 266,965 247,085
    KELLOGG CO 4 20 266,473 253,588
    KERR MCGEE 197,670 222,972
    KEY BANK NA 2.35 19 449,780 449,420
    KIMBERLY-CLARK 3.625 20 245,817 252,373
    KIMBERLY-CLARK CORP 3.875 21 269,145 253,758
    KOHLS 6 33 403,998 472,145
    KRAFT FOODS 5.375 20 260,415 256,093
    KRAFT FOODS GROUP INC 802,568 791,928
    LEGG MASON INC 2.7 19 1,007,410 997,210
    LENNOX INTERNATIONAL INC 3.0 23 412,781 399,929
    LOCKHEED MARTIN CORP 3.35 21 267,633 251,660
    LOCKHEED MARTIN CORP 3.55 26 261,378 248,073
    LOWE'S 3.75 21 506,959 502,940
    LYONDELLBASSELL INDUSTRIES NV 5 19 337,721 299,326
    MATTEL 4.35 20 258,026 243,750
    MBIA INC 6.4 200,000 192,500
    MCDONALD'S CORP 2.625 22 508,233 489,905
    MCDONALD'S CORP 3.5 27 262,813 242,803
    MCKESSON 4.75 21 268,473 255,703
    MERCK 3.875 21 247,985 255,123
    METLIFE INC 3.6 24 267,843 251,723
    MICROSOFT CORP 3.125 25 531,708 494,525
    MICROSOFT CORP 3.3 27 257,383 247,625
    MONDELEZ INTERNATIONAL HOLDING 2 21 659,430 646,738
    MONSANTO CO 2.2 22 253,230 230,658
    MOODY'S CORPORA11ON 4.25% 02/01/2029 DE 1,612,796 1,655,046
    MORGAN STANLEY MTN 2.75 22 1,164,433 1,118,812
    MOTOROLA 6.5 25 200,005 216,356
    NATIONAL RURAL UTILITIES 2.35 20 1,012,220 989,800
    NM SLM CORP 5.75 29 200,000 154,468
    NORFLOK SOUTHERN CORP 3.85 24 948,559 885,710
    NORFOLK SOUTHERN CORP 263,650 248,313
    NORTHERN TRUST CPRP 3.95 25 263,518 254,680
    NORTHROP GRUMMAN CORPORATION 2.93% 1,166,022 1,186,113
    NUCOR 4.125 22 245,665 258,030
    NVIDIA CORP 2.2 21 350,441 342,104
    OREILLY AUTOMOTIVE INC 4.625 21 649,798 615,912
    OREILLY AUTOMOTIVE INC 4.875 21 1,063,848 975,460
    PENNSYLVANIA ECONOMIC DEV 6.412 30 264,905 301,453
    PEPSICO 3 21 257,862 250,605
    PEPSICO 3.125 20 233,963 251,110
    PFIZER INC 3 26 253,175 241,385
    PFIZER INC 3.0 26 251,325 241,385
    PFIZER INC 3.4 24 257,533 251,758
    PHILIP MORRIS 212,377 236,916
    PHILIP MORRIS INTL INC .4.5 20 281,560 254,248
    PHILIP MORRIS INTL INC 3.6 23 268,573 250,573
    POTASH SANKATCHEWAN 4.875 20 257,430 254,663
    PPG INDUSTRIES 3.6 20 230,933 252,130
    PRINCETON UNIVERSITY 4.95 19 130,424 125,325
    PROCTER & GAMBLE 3.1 23 258,943 252,255
    PRUDENTIAL FINANCIAL INC 3.5 24 260,888 251,373
    PRUDENTIAL FINANCIAL INC 4.5 21 275,398 258,020
    PSEG POWER LLC 4.15 21 435,089 404,384
    QUEST DIAGNOSTIC 3.5 25 257,210 243,790
    QUEST DIAGNOSTIC 4.75 20 535,701 508,050
    RAYTHEON 4.4 20 257,783 253,723
    REGIONS BANK 2.75 21 949,905 934,335
    RENRE NORTH AMERICAN HOLDING 5.75 20 253,000 255,778
    SANOFI-AVENTIS 4.0 21 602,327 562,507
    SHELL INTERNATIONAL FINANCE 4.3 19 251,703 252,313
    SOUTHERN CO 3.25 26 247,875 234,188
    STANLEY BLACK & DECKER 3.4 21 268,643 251,105
    STATE STREET CORPORATION HYBRID 2,100,000 2,167,599
    STATOIL ASA 2.25 19 858,800 843,472
    STRYKER CORP 2 19 806,841 798,744
    SYNCHRONY FINANCIAL 3 19 399,444 397,360
    SYSCO CORP 2.6 20 523,997 519,341
    TARGET 3.875 20 248,556 253,753
    TEXTRON INC 3.65 21 507,595 502,610
    THE CHARLES SCHWAB CORPO 4.45 20 957,891 894,268
    THERMO FISHER SCIENTIFIC 3.15 23 265,080 245,000
    THERMO FISHER SCIENTIFIC 3.2 27 253,270 232,340
    THERMO FISHER SCIENTIFIC 3.6 21 265,956 250,735
    THERMO FISHER SCIENTIFIC INC 4.15 24 933,477 886,358
    TIME WARNER 6.95 28 198,891 235,876
    TIME WARNER INC 3.600 25 269,385 236,780
    TOTAL CAPITAL 4.125 21 247,470 255,280
    TOTAL SYSTEM SERVICES 3.8 21 399,104 399,920
    TOYOTA MOTOR CREDIT CORP MTN 3.45% 23 1,497,060 1,502,505
    TRAVELERS COS INC 3.9 20 257,167 253,855
    TRAVELERS COS INC 3.9 20 269,975 253,855
    TYSON FOODS 7 28 204,566 229,900
    UNION PACIFIC 4 21 268,813 254,068
    UNION PACIFIC CORP 2.95 23 264,345 245,355
    UNITED HEALTH GROUP 3.375 27 263,283 244,525
    UNITED HEALTH GROUP 3.875 20 266,449 253,338
    UNITED PARCEL SERVICE 2.45 22 254,780 244,760
    UNITED TECHNOLOGIES CORP 3.1 22 269,160 244,810
    UNITED TECHNOLOGIES CORP 3.125 27 257,488 230,910
    UNITEDHEALTH GROUP INC 3.1 26 252,500 241,270
    US BANCORP 3.10 26 515,099 473,445
    US BANCORP 3.15 27 258,233 239,495
    VALERO ENERGY 6.125 20 261,213 257,305
    VERIZON COMMUNICATIONS 4.125 27 533,300 500,385
    VERIZON COMMUNICATIONS INC 3.45 21 401,828 402,636
    VERIZON MARYLAND 5.125 33 170,776 200,984
    VIACOM 5.5 33 465,627 525,255
    VODAFONE GROUP 4.375 21 259,259 255,855
    WALGREEN CO 3.1 22 259,620 243,875
    WALMART STORES INC 3.3 24 267,248 250,735
    WALT DISNEY COMPANY 2.35 22 257,300 242,803
    WALT DISNEY COMPANY 2.55 22 249,990 245,993
    WALT DISNEY COMPANY 3.15 25 258,213 243,958
    WASTE MANAGEMENT 4.6 21 203,641 206,186
    WASTE MANAGEMENT INC 2.9 22 254,553 245,973
    WELLS FARGO & CO 3.3 24 258,980 241,835
    WELLS FARGO & CO 4.1 26 266,603 244,133
    WELLS FARGO 3.55 25 254,685 242,220
    WHIRLPOOL CORP 3.7 25 252,959 242,098
    WHIRLPOOL CORP 4 24 261,185 249,543
    ZOETIS INC. 3.25% 02/01/2023 1,131,945 1,132,624

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AIRBUS 91,216 89,765
    ALPHABET INC. 96,798 99,419
    AMAZON.COM 101,081 91,620
    AMERISOURCEBERGEN CORP 70,905 67,481
    ANNALY CAPITAL MANAGEMENT INC SER C 17,407 17,381
    ANNALY CAPITAL MANAGEMENT INC SER D 11,625 11,504
    ARTISAN INTERNATIONAL FUND 1,843,679 1,739,925
    AXIS CAPITAL HOLDINGS LTD 61,374 59,696
    BANK OF AMERICA CORP 6.625 PFD 250,000 254,400
    BLACKSTONE MORTGAGE TRUST INC 17,330 20,136
    BNP PARIBAS LINKED TO S&P 180,000 171,882
    BOFA FINANCE LLC S & P 500 INDEX 103,000 99,107
    BOSTON PROPERTIESREIT 229,522 225,100
    CANADIAN IMPERIAL BANK OF COMM LINKED TO S&P 280,000 264,659
    CAPITAL ONE FINANCIAL 84,269 151,180
    CHESAPEAKE LODGING TRUST 32,891 33,506
    CHEVRON CORPORATION 116,940 108,790
    CITIGROUP INC 7.125 PFD 500,000 523,800
    CITIGROUP INC. 252,188 233,000
    COMMUNITY HEALTHCARE TRUST INC 26,183 39,324
    CREDIT SUISSE AG LINKED TO S&P 500 INDEX 104,000 98,696
    CVS HEALTH CORP 84,501 75,086
    DIGITAL REALTY TRUST INC 6.35% 13,142 13,117
    DIGITAL REALTY TRUST INC 5.88 PFD 51,666 53,229
    EPR PROPERTIES 15,027 18,889
    EVEREST RE GROUP LTD 44,169 50,956
    EXXON MOBIL 200,000 160,178
    FACEBOOK, INC. CMN CLASS A 83,772 69,084
    FIRST REPUBLIC BANK 5.125 22 PFD 250,000 213,500
    GENERAL MILLS 87,457 77,880
    GRANITE POINT MORTGAGE TRUST 15,483 21,077
    HCP INC 59,163 52,955
    HEALTH CARE PROPERTY INV REIT 87,000 139,650
    HILTON WORLDWIDE HOLDINGS INC 136,403 138,574
    HOSPIALITY PROPERTIESTRUST 30,050 27,677
    HUNTINGTON BANCSHARES INCORPOR 246,033 221,875
    INTL BUSINESS MACHINES CORP 4,431,482 3,569,238
    JBG SMITH PROPERTIES 2,102,231 2,034,436
    JOHNSON & JOHNSON 42,502 90,335
    JOHNSON AND JOHNSON 87,352 167,765
    JOHNSON CONTROLS INTERNATIONAL 100,942 90,284
    JP MORGAN CHASE & CO 6.3 PFD 250,000 253,700
    JP MORGAN CHASE & CO 6.7 PFD 250,000 254,100
    JPMORGAN CHASE & CO LINKED TO S&P 283,000 274,001
    KIMBERLY CLARK 92,776 113,940
    KIMCO REALTY CORPORATION SER J 5.5 P 64,392 55,118
    KKR & CO INC CMN 147,214 108,436
    MASTERCARD INC 91,126 140,167
    MCKESSON CORPO 137,227 101,191
    MFA FINANCIAL 45,093 40,441
    MICROSOFT 42,107 152,355
    MICROSOFT CORP 101,458 355,495
    MICROSOFT CORPORATION 84,208 78,615
    MORGAN STANLEY FINANCE LLC LINKED TO S&P 97,000 87,290
    NATIONAL OILWELL VARCO INC 165,080 123,154
    NATIONAL RETAIL PROPERTIES 5 7 PFD 48,244 48,588
    NVENT ELECTRIC PUBLIC LIMITED 48,120 44,920
    OMEGA HEALTHCARE INVESTORS INC 40,890 47,453
    ORACLE CORPORATION 64,977 69,757
    PARKER-HANNIFIN CORP 113,036 87,993
    PEBBLEBROOK HOTEL TRUST 6.5 PFD 64,890 60,575
    PEBBLEBROOK HOTEL TRUST PFD 6.3 SERIES F 18,107 16,640
    PEBBLEBROOK HOTEL TRUST PFD 6.3750 SERIES F 49,848 47,499
    PENNYMAC MTG INVT IR CMN CTSY MERRILL LYNCH 28,306 29,680
    PENTAIR PLC 77,960 75,560
    PFIZER 48,005 87,300
    PFIZER INC 69,927 130,950
    PS BUSINESS PARKS INC SER U 5.2 PFD SER Y 36,985 31,277
    PS BUSINESS PARKS INC SER U 5.7 PFD SER V 21,114 19,861
    PS BUSINESS PARKS INC SER U 5.75 PFD SER U 30,466 28,539
    PUBLIC SERVICE ENT GROUP 50,000 129,292
    PUBLIC STORAGE FF0 USD1.3438(5.38%) SERIES V CTSY 70,673 63,529
    QORVO INC 144,923 131,298
    REGIONS FINANCIAL CORPORATION 19,860 18,593
    REXFORD INDUSTRIAL REALTY, INC PFD USD1 .4688(5.88%) 47,569 42,908
    RLJ LODGING TRUST 50,902 40,147
    RLJ LODGING TRUST CONV PFD USD1.9500(7.8O%) SERF 37,524 35,386
    S&P GLOBAL INC 67,366 80,722
    SECTOR OPPRUTUNIITIES 245,285 423,360
    SITE CENTRE CORP. (DDR CORP) 52,087 26,867
    SITE CENTRE PFD 6.25 SER K (DDR CORP SERIES K 6.25 PFD) 32,513 28,425
    SITE CENTRE PFD 6.5 SER J(DDR CORP SER J 6.5 PFD) 42,136 38,539
    SKYWORKS SOLUTIONS INC 174,206 136,654
    SL GREEN REALTY CORP SER I 6.5 PFD 55,012 54,825
    STARWOOD PROPERTY INC 22,271 19,513
    STATE STREET CORPORATION 77,775 70,323
    SWISS RE LTD 118,614 118,686
    TAUBMAN CENTERS INC 6.25 PFD 45,153 35,301
    TAUBMAN CENTERS INC SER J 6.5 PFD 31,944 37,745
    TERADYNE INC CMN 77,803 87,550
    THE BANK OF NOVA SCOTIA LINKED TO S&P 106,000 100,933
    TORONTO DOMINION BANK LINKED TO S&P 101,000 95,839
    TORONTO DOMINION LINKED TO S&P 500 INDEX 180,000 163,602
    TRAVELERS COMPANIES 100,000 412,299
    TWO HARBORS INVESTMENT CORP 48,620 34,411
    UBS AG LINKED TO S&P 500 INDEX 87,000 79,883
    UNITED PARCEL SERVICE, INC. CLASS B COMMON 95,841 88,752
    URBAN EDGE PROPERTIES 1,177,648 971,339
    VENTAS, INC. CMN CTSY WRP INVESTMENTS CRP 47,163 51,149
    VEREIT INC (6.75%) SERIES F CTSY 40,468 37,265
    VISA INC 42,807 87,608
    VORNADO REALTY TR SER M 5.25PFD 500,000 411,000
    VORNADO REALTY TRUST 7,872,407 7,250,563
    VORNADO REALTY TRUST SER M 5.25 PFD 74,012 61,136
    WELLS FARGO CO LINKED TO S&P 128,000 121,190
    WELLS FARGO COMPANY 5.85 PFD 500,000 491,400
    WP CAREY INC 30,809 32,735

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    US Government Securities - End of Year Book Value:

    2,486,637
    US Government Securities - End of Year Fair Market Value:

    2,557,150
    State & Local Government Securities - End of Year Book Value:


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


    0


    TY 2018 InvestmentsOtherSchedule2
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERICAN EXPRESS COMPANY HYBRID PERPETUAL USD SER B AT COST 49,875 49,250
    AMERICAN EXPRESS COMPANY HYBRID PERPETUAL USD SER C AT COST 49,375 47,875
    BLACKROCK GLOBAL ALLOCATIONS - A AT COST 280,017 262,389
    BLACKROCK GLOBAL ALLOCATIONS - C AT COST 404,451 384,865
    CITIGROUP INC. HYBRID PERPETUAL USD DE AT COST 49,463 48,813
    CLAROS REAL ESTATE SECURITIES AT COST 36,537 36,537
    GMAC CAPITAL TRUST I PFD 2.0312(8:12%) SER AT COST 48,117 48,190
    GS HIGH FLOATING RATE FUND AT COST 1,019,208 928,068
    GS HIGH FLOATING RATE FUND AT COST 5,186,311 4,892,048
    GS MEZZANINEPARTNERS V AT COST 36,034 13,279
    GS MLP ENERGY INFRASTRUCTURE AT COST 3,628,377 2,315,713
    GS TACTICAL TILT IMPLEMENTATION AT COST 2,825,264 2,680,218
    GS US EQUITY DIV & PREM FUND AT COST 6,388,091 6,628,622
    JPMORGAN CHASE & CO. HYBRID PERPETUAL USD DEP AT COST 49,975 49,313
    JPMORGAN CHASE & CO. HYBRID PERPETUAL USD SER AT COST 52,938 51,663
    KEYCORP HYBRID PERPETUAL USD DE AT COST 22,500 22,844
    KEYCORP PFD USD1.5313 (6.13%) SERIES E AT COST 37,509 38,627
    KKR ASIAN FUND AT COST 749,015 875,047
    KKR LENDING PARTNERS EUROPE AT COST 3,212,791 3,188,363
    LIBERTY HARBOR SPV II LTD AT COST 6,490 2,869
    MORGAN STANLEY PFD USD1.71 88(6.88%) AT COST 38,751 38,154
    MSCI EAFE HEDGED EQUITY INDEX FUND AT COST 1,925,812 1,928,588
    NATIONAL RURAL UTILITIES 000PE HYBRID AT COST 24,625 24,725
    NEW YORK COMMUNITY BANCORP PFD USD1 .5936 (6.37%) SERIES A AT COST 19,165 18,256
    PEOPLES UNITED FF0 USD1 .4062(5.62%) SERIES A AT COST 21,064 19,989
    PERRY PRIVATE OPPORTUNITIESACCESS LP AT COST 235,735 111,707
    PRIVATE EQUITY CO INVESTMENT AT COST 901,959 1,131,905
    PRIVATE EQUITY MANAGERS 2015 AT COST 547,739 766,766
    PRIVATE EQUITY MANAGERS 2016 AT COST 451,445 533,973
    PRIVATE EQUITY MANAGERS 2018 AT COST 47,959 46,624
    STATE STREET CORPORATION PFD USD1.3375 (5.35%) SERIES G AT COST 29,067 28,656
    THE CHARLES SCHWAB CORP HYBRID AT COST 25,969 25,844
    THIRD POINT PARTNERS AT COST 13,808,581 13,412,184
    VINTAGE VII AIV AT COST 49,847 0
    VINTAGE VII LP AT COST 465,104 602,488
    VOYA FLOATING RATE FUND CLASS I AT COST 6,831,760 6,566,145
    VOYA FINANCIAL, INC. HYBRID PERPETUAL DE AT COST 48,688 47,438
    WELLS FARGO & COMPANY HYBRID PERPETUAL SER K JRSUB AT COST 50,000 49,688
    WELLS FARGO & COMPANY HYBRID PERPETUAL USD SER 5 AT COST 49,000 47,638
    WELLS FARGO & COMPANY HYBRID PERPETUAL USO SER U AT COST 49,750 49,423
    WEST STREET CAPITAL PARTNERS VII, LP AT COST 1,328,504 1,278,071

    TY 2018 LegalFeesSchedule
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,064 3,064   0


    TY 2018 OtherExpensesSchedule
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT & TRANSFER FEES 584 584   0
    OTHER PARTNERSHIP DEDUCTIONS 260,415 260,415   0
    LESS: AMOUNT ATTRIBUTABLE TO UBI 0 -6,203   0
    INVESTMENT INTEREST EXPENSE 26,813 26,813   0
    LESS: AMOUNT ATTRIBUTABLE TO UBI 0 -20,643   0
    ACCRUED INTEREST 64,845 64,845   0


    TY 2018 OtherIncomeSchedule2
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER PARTNERSHIP INCOME 77,651 77,651 77,651
    LESS: AMOUNT ATTRIBUTABLE TO UBI (LOSS)   19,202  


    TY 2018 OtherIncreasesSchedule
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Description Amount
    PARTNERSHIP ADJUSTMENT 608,186


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 205,706 205,706   0


    TY 2018 TaxesSchedule
    Name:
    LAW FOUNDATION INC
    EIN:
    22-3074635
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX 171,154 0   0
    PARTNERSHIP FOREIGN TAXES 2,068 2,068   0