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 03-01-2018 , and ending 02-28-2019
Name of foundation
THE APPLEBAUM FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)25 WEST 45TH STREET NO 1405
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10036
A Employer identification number

59-1002714
B Telephone number (see instructions)

(212) 840-1166
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$177,972,355J 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) 31,580,888
2 Check bullet.............
3 Interest on savings and temporary cash investments 31,114 31,114  
4 Dividends and interest from securities... 3,676,835 3,676,835  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,203,817
b Gross sales price for all assets on line 6a 59,823,298
7 Capital gain net income (from Part IV, line 2)... 6,203,817
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 -308 -308  
12 Total. Add lines 1 through 11........ 41,492,346 9,911,458  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 205,000 0   205,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 11,448 0   11,448
16a Legal fees (attach schedule)......... Click to see attachment 102,826 0   102,826
b Accounting fees (attach schedule)....... Click to see attachment 102,686 51,343   51,343
c Other professional fees (attach schedule).... Click to see attachment 441,702 435,729   5,973
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 191,022 40,005   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 23,131 0   23,131
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 10,620 0   10,620
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,088,435 527,077   410,341
25 Contributions, gifts, grants paid....... 5,075,633 5,075,633
26 Total expenses and disbursements. Add lines 24 and 25 6,164,068 527,077   5,485,974
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 35,328,278
b Net investment income (if negative, enter -0-) 9,384,381
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............. 276,185 281,875 281,875
2 Savings and temporary cash investments......... 794,477 1,613,169 1,613,169
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..........      
10a Investments—U.S. and state government obligations (attach schedule) 5,983,068 Click to see attachment7,406,610 7,252,601
b Investments—corporate stock (attach schedule)....... 68,045,328 Click to see attachment130,189,826 162,668,239
c Investments—corporate bonds (attach schedule)....... 6,206,120 Click to see attachment6,279,995 6,074,019
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 29,317,724 Click to see attachment174,650 82,452
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment4,945 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 110,627,847 145,946,125 177,972,355
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment10,000 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 10,000 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 110,617,847 145,946,125
30 Total net assets or fund balances (see instructions)..... 110,617,847 145,946,125
31 Total liabilities and net assets/fund balances (see instructions). 110,627,847 145,946,125
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
110,617,847
2
Enter amount from Part I, line 27a .....................
2
35,328,278
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
145,946,125
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
145,946,125
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b GAIN FROM INVESTMENT IN AIF VI PRIVATE INVESTORS, LLC D 2014-10-16  
c
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 59,823,298   53,665,408 6,157,890
b       45,927
c
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       6,157,890
b       45,927
c
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 6,203,817
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 2,812,117 79,086,146 0.035558
2016 5,012,608 54,133,672 0.092597
2015 4,203,546 50,643,235 0.083003
2014 2,742,250 53,838,162 0.050935
2013 2,462,700 48,225,409 0.051066
2
Total of line 1, column (d) .....................
2
0.313159
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
0.062632
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
149,346,023
5
Multiply line 4 by line 3......................
5
9,353,840
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
93,844
7
Add lines 5 and 6........................
7
9,447,684
8
Enter qualifying distributions from Part XII, line 4,.............
8
5,485,974
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 1 187,688
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........................... 3 187,688
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- ..... 5 187,688
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 112,000
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 172,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 284,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 96,312
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet96,312 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
 
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
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletGIZELA HOLTZ Telephone no.bullet (305) 651-6478

    Located atbullet17320 NE 13TH AVENORTH MIAMI BEACHFL ZIP+4bullet33162
    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
     
    No
    ........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
    WARREN A WEISSClick to see attachment PRESIDENT & DIRECTOR
    40.00     		0 0 0
    APPLEBAUM FDN 25 W 45TH ST
    NEW YORK,NY10036
    JAMES KAUFMAN VICE PRESIDENT & DIRECTOR
    1.00     		0 0 0
    APPLEBAUM FDN 25 W 45TH ST
    NEW YORK,NY10036
    JANE WEISS TREASURER & ASST. SECRETARY & DIRECTOR
    1.00     		0 0 0
    APPLEBAUM FDN 25 W 45TH ST
    NEW YORK,NY10036
    LILLIAN APPLEBAUM DIRECTOR
    1.00     		0 0 0
    APPLEBAUM FDN 25 W 45TH ST
    NEW YORK,NY10036
    ERIN R BORGER DIRECTOR
    1.00     		0 0 0
    APPLEBAUM FDN 25 W 45TH ST
    NEW YORK,NY10036
    REBECCA LIEBERMAN SECRETARY & EXEC. DIRECTOR & DIRECTOR
    40.00     		205,000 11,448 0
    APPLEBAUM FDN 25 W 45TH ST
    NEW YORK,NY10036
    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
    FERGUSON WELLMAN CAPITAL MANAGEMENT INVESTMENT ADVISOR 197,439
    888 SW 5TH AVE SUITE 1200
    PORTLAND,OR97204
    JP MORGAN CHASE BANK NA INV. MANAGER & CUSTODIAN 91,266
    270 PARK AVENUE
    NEW YORK,NY100172014
    CITY NATIONAL BANK INVESTMENT ADVISOR 85,931
    555 S FLOWER ST 10TH FLOOR
    LOS ANGELES,CA90071
    BOIES SCHILLER FLEXNER LLP LEGAL SERVICES 72,573
    575 LEXINGTON AVENUE
    NEW YORK,NY10022
    GIZELA HOLTZ BOOKKEEPING 62,000
    17320 NORTH EAST 13TH AVENUE
    NORTH MIAMI BEACH,FL33162
    Total number of others receiving over $50,000 for professional services.............bullet1
    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
    150,961,263
    b
    Average of monthly cash balances.......................
    1b
    576,613
    c
    Fair market value of all other assets (see instructions)................
    1c
    82,452
    d
    Total (add lines 1a, b, and c).........................
    1d
    151,620,328
    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
    151,620,328
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,274,305
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    149,346,023
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    7,467,301
    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
    7,467,301
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    187,688
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    187,688
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,279,613
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    7,279,613
    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
    7,279,613
    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
    5,485,974
    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
    5,485,974
    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
    5,485,974
    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 7,279,613
    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...... 1,278,335
    d From 2016...... 2,371,194
    e From 2017......  
    fTotal of lines 3a through e........ 3,649,529
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 5,485,974
    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..... 5,485,974
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2018. 1,793,639 1,793,639
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,855,890
    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 ......     		1,855,890
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016.... 1,855,890
    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).)
    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
    92Y
    1395 LEXINGTON AVENUE
    NEW YORK,NY10128     		N/A PC SPECIAL & GENERAL PURPOSES 50,000
    AFYA FOUNDATION
    140 SAW MILL RIVER ROAD
    YONKERS,NY10701     		N/A PC GENERAL PURPOSES 10,000
    AMERICAN CANCER SOCIETY
    3363 W COMMERCIAL BOULEVARD SUITE
    100
    FORT LAUDERDALE,FL33309     		N/A PC GENERAL PURPOSES 15,000
    AMERICAN CIVIL LIBERTIES UNION FOUNDATION
    125 BROAD STREET
    NEW YORK,NY10004     		N/A PC GENERAL PURPOSES 50,000
    AMERICAN COMMITTEE FOR WEIZMANN INSTITUTE OF SCIENCE
    633 THIRD AVENUE 20TH FLOOR
    NEW YORK,NY10017     		N/A PC RESEARCH FELLOW 1,000,000
    AMERICAN FRIENDS OF BAR-ILAN UNIVERSITY
    160 EAST 56TH STREET 5TH FLOOR
    NEW YORK,NY10022     		N/A PC RESEARCH 150,000
    AMERICAN FRIENDS OF BEIT ISSIE SHAPIRO
    25 WEST 45TH STREET SUITE 1405
    NEW YORK,NY10036     		N/A PC SPECIAL PURPOSES 10,000
    AMERICAN FRIENDS OF TORAH LEADERSHIP INSTITUTE
    9110 KARLOV AVENUE
    SKOKIE,IL60602     		N/A PC GENERAL PURPOSES 25,000
    AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE
    220 E 42ND ST SUITE 400
    NEW YORK,NY10017     		N/A PC SPECIAL PURPOSES 250,000
    ANTI-DEFAMATION LEAGUE
    1952 WHITNEY AVENUE
    HAMDEN,CT06517     		N/A PC GENERAL PURPOSES 55,000
    BETH ISRAEL DEACONESS MEDICAL CENTER
    330 BROOKLINE AVENUE
    BOSTON,MA02215     		N/A PC RESEARCH 538,133
    CANCER RESEARCH AND TREATMENT FUND
    500 EAST 77TH STREET SUITE 1001
    NEW YORK,NY10162     		N/A PC RESEARCH 75,000
    CATHOLIC CHARITIES COMMUNITY SERVICES
    80 MAIDEN LANE
    NEW YORK,NY10038     		N/A PC SPECIAL PURPOSES 50,000
    CENTER FOR ISRAEL EDUCATION
    PO BOX 15129
    ATLANTA,GA30333     		N/A PC GENERAL PURPOSES 15,000
    FRIENDS OF ISRAEL SCI-TECH SCHOOLS
    25 WEST 45TH STREET SUITE 1405
    NEW YORK,NY10036     		N/A PC SPECIAL PURPOSES 50,000
    GIFT OF LIFE BONE MARROW FOUNDATION
    800 YAMATO ROAD SUITE 101
    BOCA RATON,FL33431     		N/A PC SPECIAL PURPOSES 50,000
    GREATER MIAMI JEWISH FEDERATION
    4200 BISCAYNE BOULEVARD
    MIAMI,FL33137     		N/A PC SPECIAL PURPOSES 150,000
    HADASSAH
    40 WALL STREET
    NEW YORK,NY10005     		N/A PC RESEARCH 130,000
    HEBREW FREE BURIAL ASSOCIATION
    125 MAIDEN LANE UNIT 5B
    NEW YORK,NY10038     		N/A PC SPECIAL PURPOSES 40,000
    HEBREW FREE LOAN SOCIETY
    675 THIRD AVENUE SUITE 1905
    NEW YORK,NY10017     		N/A PC GENERAL PURPOSES 10,000
    HOLOCAUST DOCUMENTATION & EDUCATION CENTER
    303 N FEDERAL HIGHWAY
    DANIA BEACH,FL02807     		N/A PC GENERAL PURPOSES 10,000
    INTERNATIONAL RESCUE COMMITTEE
    122 EAST 42ND STREET
    NEW YORK,NY01289     		N/A PC SPECIAL PURPOSES 100,000
    ISEF - ISRAEL SCHOLARSHIP EDUCATION FOUNDATION
    520 8TH AVENUE
    NEW YORK,NY10018     		N/A PC SPECIAL PURPOSES 25,000
    ISRAEL GUIDE DOG CENTER FOR THE BLIND
    968 EASTON RD SUITE H
    WARRINGTON,PA18976     		N/A PC SPECIAL PURPOSES 25,000
    JACKSON HEALTH FOUNDATIONHOLTZ CHILDRENS HOSPITAL
    1501 NW NORTH RIVER DRIVE 1ST FL
    MIAMI,FL33125     		N/A PC GENERAL PURPOSES 20,000
    JEWISH CHILD CARE ASSOCIATION OF NY
    120 WALL STREET 20TH FL
    NEW YORK,NY10005     		N/A PC SPECIAL PURPOSES 15,000
    JEWISH MUSEUM OF FLORIDA FIU
    301 WASHINGTON AVENUE
    MIAMI BEACH,FL06965     		N/A PC GENERAL PURPOSES 15,000
    LEAP
    535 8TH AVENUE SUITE 1100
    NEW YORK,NY10018     		N/A PC SPECIAL PURPOSES 15,000
    LINCOLN SQUARE SYNAGOGUE
    180 AMSTERDAM AVENUE
    NEW YORK,NY10023     		N/A PC GENERAL PURPOSES 10,000
    MECHON HADAR
    190 AMSTERDAM AVENUE
    NEW YORK,NY10023     		N/A PC GENERAL PURPOSES 60,000
    METROPOLITAN COUNCIL ON JEWISH POVERTY
    80 MAIDEN LANE 21ST FL
    NEW YORK,NY10038     		N/A PC SPECIAL PURPOSES 150,000
    MIAMI JEWISH HEALTH SYSTEM FOUNDATION
    5200 NE 2ND AVENUE
    MIAMI,FL33137     		N/A PC GENERAL PURPOSES 10,000
    MOUNT SINAI ICAHN SCHOOL OF MEDICINE
    150 EAST 42ND STREET
    NEW YORK,NY10017     		N/A PC SCHOLARSHIP 30,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY - RESEARCH FUND
    733 THIRD AVENUE 3RD FLOOR
    NEW YORK,NY10017     		N/A PC RESEARCH 100,000
    NEW YORK CITY CENTER
    130 WEST 56TH STREET
    NEW YORK,NY10019     		N/A PC GENERAL PURPOSES 25,000
    NJOP
    989 AVENUE OF AMERICAS 10TH FL
    NEW YORK,NY10018     		N/A PC GENERAL PURPOSES 30,000
    OHR SOMAYACH INTERNATIONAL
    625 WEST 42ND STREET
    MIAMI BEACH,FL33140     		N/A PC GENERAL PURPOSES 7,500
    OHR TORAH STONE
    49 WEST 45TH STREET SUITE 701
    NEW YORK,NY10036     		N/A PC SPECIAL PURPOSES 200,000
    PARKINSONS FOUNDATION
    200 EAST 1ST STREET SUITE 800
    MIAMI,FL33131     		N/A PC RESEARCH 90,000
    PEF ISRAEL ENDOWMENT INC (KRBY)
    630 THIRD AVENUE SUITE 1501
    NEW YORK,NY10017     		N/A PC SPECIAL PURPOSES 20,000
    THE PHILOS PROJECT
    12 EAST 33RD STREET FL 2
    NEW YORK,NY10016     		N/A PC SPECIAL PURPOSES 75,000
    RABBI JACOB JOSEPH SCHOOLS
    1276 50TH STREET ROOM 9
    BROOKLYN,NY11219     		N/A PC GENERAL PURPOSES 305,000
    THE JERUSALEM FOUNDATION (HAC)
    420 LEXINGTON AVE SUITE 1645
    NEW YORK,NY10170     		N/A PC SPECIAL PURPOSES 25,000
    UJA FEDERATION OF NY
    130 EAST 59TH STREET SUITE 1073
    NEW YORK,NY10022     		N/A PC SPECIAL PURPOSES 150,000
    UNIVERSITY OF MIAMI SYLVESTER COMPREHENSIVE CANCER CENTER
    1550 NW 10TH AVENUE SUITE 100
    MIAMI,FL33136     		N/A PC RESEARCH 450,000
    WEILL CORNELL MEDICINE
    850 THIRD AVENUE 12TH FL
    NEW YORK,NY10022     		N/A PC RESEARCH 50,000
    WEST SIDE HATZOLOH COTHE JEWISH CENTER
    131 W 86TH STREET
    NEW YORK,NY10024     		N/A PC GENERAL PURPOSES 10,000
    WESTCHESTER TORAH ACADEMY
    1000 PINEBROOK BOULEVARD
    NEW ROCHELLE,NY10804     		N/A PC GENERAL PURPOSES 25,000
    THE COLLEGE OF WILLIAM & MARY FOUNDATION
    DISCOVERY 1-ADV 3
    WILLIAMSBURG,VA08795     		N/A PC GENERAL PURPOSES 120,000
    YESHIVA UNIVERSITY STERN COLLEGE FOR WOMEN
    245 LEXINGTON AVENUE
    NEW YORK,NY10016     		N/A PC SPECIAL PURPOSES 50,000
    YESHIVAT CHOVEVEI TORAH
    3700 HENRY HUDSON PARKWAY
    BRONX,NY10463     		N/A PC SPECIAL PURPOSES 25,000
    YESHIVAT MAHARAT
    3700 HENRY HUDSON PARKWAY
    BRONX,NY10463     		N/A PC GENERAL PURPOSES 35,000
    YIDDISH BOOK CENTER
    1021 WEST STREET
    AMHERST,MA01002     		N/A PC SPECIAL PURPOSES 75,000
    Total .................................bullet 3a 5,075,633
    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 31,114  
    4 Dividends and interest from securities....     14 3,676,835  
    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.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 6,203,817  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME (LOSS) FROM INVESTMENT IN AIF VI PRIVATE INVESTORS, LLC     		    18 -308  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 9,911,458 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    9,911,458
    (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 APPLEBAUM FOUNDATION INC
     
    Employer identification number

    59-1002714
    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 APPLEBAUM FOUNDATION INC
          		Employer identification number
    59-1002714
    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 LEILA APPLEBAUM CO WARREN WEISS EXECUTOR
     
    441 WEST END AVENUE
     
    NEW YORK, NY10024

    		$ 31,580,888


    (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 APPLEBAUM FOUNDATION INC
          		Employer identification number

    59-1002714
    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
    1
    		 PUBLICLY TRADED SECURITIES $ 30,617,578 2018-11-27
    (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 APPLEBAUM FOUNDATION INC
          		Employer identification number

    59-1002714
    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 APPLEBAUM FOUNDATION INC
    EIN:
    59-1002714
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MAZARS USA LLP - ACCOUNTING & TAX SERVICES 40,686 20,343   20,343
    GIZELA HOLTZ - BOOKKEEPER 62,000 31,000   31,000

    TY 2018 CompensationExplanation
    Name:
    THE APPLEBAUM FOUNDATION INC
    EIN:
    59-1002714
    Person Name Explanation
    JAMES KAUFMAN ESQ VICE PRESIDENT THE APPLEBAUM FOUNDATION, INC. PAID JAMES KAUFMAN, ESQ. (VICE PRESIDENT) $25,000 FOR LEGAL SERVICES PROVIDED TO THE APPLEBAUM FOUNDATION, INC. THESE PAYMENTS ARE DISCLOSED ON FORM 990-PF, PART I, LINE 16A, LEGAL FEES.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE APPLEBAUM FOUNDATION INC
    EIN:
    59-1002714
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE INC SR NT 3.2% 11/6/2022 48,828 49,783
    ABBVIE INC SR NT 3.2% 11/6/22 146,480 149,353
    AMERICAN TOWER COTP SR BD 4% 6/1/2025 106,430 101,011
    AMERICAN TOWER COTP SR BD 4% 6/1/2025 26,869 25,253
    AMERICAN TOWER INC SR BD 5% 2/15/2024 51,992 53,059
    AMERICAN TOWER INC SR BD 5% 2/15/24 27,120 26,530
    AMGEN INC SR BD 4.5% 3/15/2020 110,890 101,668
    AMGEN INC SR NY 3/875% 11/15/2021 10,377 10,186
    AT&T INC SR NT 4.125% 2/17/2026 106,031 100,152
    BANK AMER CORP SR NT 4% 4/1/24 50,670 51,503
    BANK OF AMERICA CORP 4% 4/1/24 105,265 103,007
    BANK OF AMERICA CORP SR BD 4.1% 7/24/23 27,227 25,790
    BANK OF AMERICA CORP SR BD 4.1% 7/24/23 51,252 51,581
    BANK OF AMERICA CORP SR BD 4.125% 1/22/24 106,432 103,386
    BOEING CO SR NT 4.875% 2/15/2020 114,601 101,924
    BOEING CO SR NT 4.875% 2/15/2020 26,033 25,481
    BP CAP MKTS PLC SR NT 4.75% 3/10/19 112,045 100,046
    BP MKTS PLC SR NT 4.50% 10/1/2020 50,883 51,293
    BURLINGTON NORTHERN SANTA FE LLC SR NT 3.60% 9/1/2020 53,638 50,490
    BURLINGTON NORTHN SANTA FE CORP 6.15% 5/1/2037 118,328 124,498
    CAPITAL ONE FINANCIAL CORP SR BD 3.5% 6/15/23 78,304 74,362
    CAPITAL ONE FINANCIAL CORP SR NT 4.75% 7/15/2021 51,646 51,805
    CAPITAL ONE FINANCIAL CORP SR NT 4.75% 7/15/2021 55,405 51,805
    CISCO SYS INC SR NT 4.45% 1/15/2020 10,260 10,150
    CISCO SYS INC SR NT 4.455 1/15/20 111,866 101,497
    CISCO SYS INC SR NT 5.5% 1/15/2040 23,448 24,501
    CISCO SYS INC SRNT 4.45% 1/15/2020 25,213 25,374
    CISCO SYSTEMS INC SR NT 2.5% 9/20/26 47,749 47,558
    COMCASR CORP SR NT 4.15% 10/15/28 51,614 51,606
    COMCAST CORP SR NT 4.15% 10/15/2028 206,648 206,425
    CONOCOPHILLIPS CO SR BD 4.95% 3/15/2026 11,241 10,960
    CONOCOPHILLIPS CO SR BD 4.95% 3/15/2026 56,767 54,798
    CVS HEALTH 5% 12/1/2024 115,269 105,321
    CVS HEALTH CORP SR NT 4% 12/5 2023 55,108 50,859
    CVS HEALTH CORP SR NT 4% 12/5/2023 107,199 101,718
    DIRECTV HLDG LLC/FIN CO INC 3.8% 3/15/2022 51,202 50,139
    DUKE ENERGY CORP SR BD 3.95% 10/15/2023 51,904 51,221
    DUKE ENERGY CORP SR NT 3.55% 9/15/2021 52,872 50,445
    FEDEX CORP 4% 1/15/2024 27,281 25,727
    FEDEX CORP 4% 1/15/2024 52,235 51,454
    FEDEX CORP SR BD 5.1% 1/15/2044 84,197 75,836
    GEORGIA POWER CO SR BD 5.65% 3/1/2037 27,617 27,063
    GILEAD SCIENCES INC NT 4.5% 4/1/2021 51,142 51,361
    GILEAD SCIENCES INC SR BD 3.5% 2/1/2025 19,510 19,977
    GILEAD SCIENCES INC SR BD 3.65% 3/1/2026 48,513 49,767
    GILEAD SCIENCESINC SR BD 3.65% 3/1/2026 24,257 24,883
    GILEAD SCIENCESINC SR BD 3.65% 3/1/2026 33,992 34,837
    GOLDMAN SACHS GROUP INC SR NT 4% 3/3/2024 15,106 15,226
    GOLDMAN SACHS GROUP INC SR NT 4% 3/3/2024 26,936 25,377
    HOME DEPOT INC. SR BD 5.4% 9/15/2040 58,188 58,336
    HSBC HLDGS PLC SR NT 4% 3/30/2022 79,951 76,810
    HSBC HLDGS PLC SR NT 4% 3/30/2022 106,857 102,414
    INTEL CORP SR BD 4.8% 10/1/2041 26,520 27,801
    J P MORGAN CHASE & CO 4.625% 5/10/2021 100,234 103,309
    J P MORGAN CHASE & CO SR NT 4.5% 1/24/2022 54,768 51,971
    J P MORGAN CHASE & CO SR NT 4.5% 1/24/22 10,556 10,394
    JP MORGAN CHASE & CO SR NT 4.35% 8/15/2021 27,495 25,768
    JPMORGAN CHASE & CO SR NT 4.5% 1/24/2022 27,681 25,986
    KELLOG CO SR NT 3.125% 5/17/2022 102,297 99,520
    KELLOG CO SR NT 4% 12/15/2020 27,315 25,409
    KELLOG CO SR NT 4% 12/15/2020 28,301 25,409
    KELLOG CO SR NT 4/15% 11/15/19 10,175 10,089
    LOWE'S COS INC SR BD 5.125% 11/15/2041 114,169 104,100
    LOWE'S COS INC SR NT 4.625% 4/15/2020 112,703 101,013
    MCDONALDS CORP SR NT 3.625% 5/20/21 15,247 15,230
    MCDONALDS SR BD 4.875% 7/15/2040 172,277 154,329
    MEDTRONIC INC SR BD 4.375% 3/15/2035 10,063 10,545
    MONDELEZ INTERNATIONAL INC SR NT (CALL) 4% 2/1/2024 51,474 51,049
    MONDELEZ INTERNATIONAL INC SR NT (CALL) 4% 2/1/2024 102,659 102,098
    MONDELEZ INTL INC SR NT 4% 2/1/2024 128,793 127,623
    MONDELEZ INTL INC SR NT 4% 2/1/2024 53,816 51,049
    MORGAN STANLEY SR NOTE 4% 7/23/25 80,643 76,350
    MORGAN STANLEY SR NOTE 4% 7/23/25 105,883 101,800
    MORGAN STANLEY SR NT 4% 7/23/25 107,524 101,800
    MORGAN STANLEY SR NT 4% 7/23/25 26,985 25,450
    MORGAN STANLEY SR NT 4% 7/23/25 76,624 76,350
    PRUDENTIAL FIN INC NT 5.7% 12/14/2036 30,131 28,846
    PRUDENTIAL FIN INC NT 5.7% 12/14/2036 30,139 28,846
    SHELL INTERNATIONAL FIN SR BD 6.375% 12/15/2038 50,000 65,315
    SHELL INTL FIN BV 9/22/19 111,520 100,909
    SHELL INTL FIN SR BD 6.375% 12/18/38 47,039 45,720
    SHELL INTL FIN SR BD 6.375% 12/18/38 9,775 13,063
    SIMON PPTY GROUP LP 3.375% 3/15/22 51,085 50,366
    SIMON PPTY GROUP LP SR NT 4.125% 12/1/2021 27,867 25,664
    SOUTHERN POWER CO SR BD 4.15% 12/1/2025 50,740 50,186
    SOUTHERN POWER CO SR BD 4.15% 12/1/2025 CALL 51,000 50,186
    TIME WARNER INC SR NT 4.05% 12/15/2023 105,562 102,411
    UNION PACFIC CORP SR NT 4% 2/1/2021 45,985 50,893
    UNION PACIFIC CORP SR NT 4.163% 7/15/2022 28,239 25,884
    UNION PACIFIC CORP SR NT 4.163% 7/15/2022 79,608 77,652
    UNITEDHEALTH GROUP INC SR NT 3.5% 6/15/2023 24,989 25,422
    UNITEDHEALTHCAARE GROUP INC SR NT 3.75% 7/15/2025 20,198 20,563
    UNITEDHEALTHCAARE GROUP INC SR NT 3.75% 7/15/2025 103,024 102,817
    UNITEDHEALTHCARE GRP INC SR NT 3.75% 7/15/25 51,512 51,409
    VERIZON COMMUNICATIONNS INC SR NT 4.125% 3/16/2027 10,390 10,251
    VERIZON COMMUNICATIONS INC SR NT 5.15% 9/15/23 79,266 81,456
    VERIZON COMMUNICATIONS INC SR NT 5.15% 9/15/23 53,663 54,303
    VERIZON COMMUNICATIONS INC SR NT 5.15% 9/15/2023 127,272 108,605
    VERIZON COMMUNICATIONS INC SR NT 5.5% 9/15/2023 26,422 27,151
    VERIZON COMMUNICATIONS INC SR NTV4.125% 3/16/2027 52,130 51,256
    WELLS FARGO & CO NT 4.6% 4/1/2021 167,349 154,797

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE APPLEBAUM FOUNDATION INC
    EIN:
    59-1002714
    Name of Stock End of Year Book Value End of Year Fair Market Value
    A T & T INC 295,579 778,000
    A T & T INC 246,404 231,813
    A T & T INC 284,109 270,759
    A T & T INC 371,081 354,768
    ABBVIE INC 37,413 74,486
    ABBVIE INC 73,097 101,427
    ABBVIE INC 19,065 23,772
    ABBVIE INC 7,406 20,602
    ABBVIE INC 25,759 36,450
    ABBVIE INC 28,272 41,205
    ACCENTURE PLC 312,144 290,484
    ADOBE SYSTEMS INC 118,300 441,000
    AIRBUS GROUP NV 16,133 16,723
    AIRBUS SE UNSPONSORED ADR 38,161 39,557
    AIRBUS SE UNSPONSORED ADR 64,532 66,893
    AIRBUS UNSPONSORED ADR 108,588 112,560
    AIRBUS UNSPONSORED ADR 63,912 66,250
    AIRBUS UNSPONSORED ADR 23,269 24,120
    ALLSTATE CORP 45,955 68,855
    ALLSTATE CORP 236,257 343,543
    ALLSTATE CORP 76,145 112,312
    ALLSTATE CORP 140,364 205,748
    ALPHABET INC 25,179 100,793
    ALPHABET INC CL A 243,345 337,965
    ALPHABET INC CL A 601,790 1,104,019
    ALPHABET INC CL A 84,756 191,514
    ALPHABET INC CL A 257,149 360,496
    ALPHABET INC CL A 81,144 326,700
    ALPHABET INC CL A 254,613 529,479
    ALPHABET INC CLASS A 367,157 788,585
    ALTRIA GROUP INC 12,298 28,826
    AMAZON.COM INC 79,079 70,513
    AMAZON.COM INC 222,030 180,381
    AMAZON.COM INC 27,257 147,585
    AMAZON.COM INC 50,461 40,996
    AMAZON.COM INC 86,973 73,792
    AMAZON.COM INC 141,292 114,788
    AMERICAN EXPRESS CO 641,920 861,920
    AMERICAN WATER WORKS CO 110,115 276,915
    AMERIPRISE FINANCIAL INC 24,681 63,182
    AMERIPRISE FINANCIAL INC 79,584 92,141
    AMERIPRISE FINANCIAL INC 13,050 17,112
    AMERIPRISE FINANCIAL INC 5,368 23,693
    AMERIPRISE FINANCIAL INC 10,848 36,856
    AMERISOURCEBERGEN CORP 38,553 37,485
    AMERISOURCEBERGEN CORP 119,087 115,787
    AMG MG PICTET INTL-Z 537,840 540,417
    AMGEN INC 116,891 178,675
    AMGEN INC 323,723 461,894
    AMGEN INC 31,889 39,917
    AMGEN INC 57,367 96,941
    AMGEN INC 111,850 136,858
    AMGEN INC 168,354 248,054
    AMPHENOL CORP NEW CL A 209,905 253,719
    ANALOG DEVICES INC 126,485 175,414
    ANALOG DEVICES INC 415,364 470,624
    ANALOG DEVICES INC 27,457 36,366
    ANALOG DEVICES INC 165,637 114,447
    ANALOG DEVICES INC 140,116 160,440
    ANALOG DEVICES INC 209,295 253,495
    APPLE INC 173,583 224,229
    APPLE INC 368,643 661,433
    APPLE INC 743,936 1,333,255
    APPLE INC 136,353 213,840
    APPLE INC 170,143 355,823
    APPLE INC 422,943 593,039
    AT&T INC 836,553 803,363
    AT&T INC 609,698 473,335
    AT&T INC 181,793 176,762
    AVERY DENNISON CORP 36,772 55,100
    AVERY DENNISON CORP 48,591 72,387
    AVERY DENNISON CORP 13,277 18,367
    AVERY DENNISON CORP 9,373 14,045
    AVERY DENNISON CORP 18,888 28,090
    AVERY DENNISON CORP 21,630 32,412
    BAE SYS PLC SPONS ADR 21,138 15,978
    BAE SYS PLC SPONS ADR 124,435 109,846
    BAE SYS PLC SPONS ADR 67,682 60,915
    BAE SYS PLC SPONS ADR 35,814 31,206
    BAE SYS PLC SPONS ADR 42,137 37,198
    BAE SYS PLC SPONS ADR 78,054 68,903
    BANK NOVA SCOTIA HALIFAX 66,915 69,450
    BANK NOVA SCOTIA HALIFAX 32,654 33,892
    BANK NOVA SCOTIA HALIFAX 36,937 38,336
    BANK AMERICA CORP 283,983 270,444
    BANK NOVA SCOTIA HALIFAX 89,398 92,785
    BANK NOVA SCOTIA HALIFAX 21,509 22,224
    BANK NOVA SCOTIA HALIFAX 110,507 108,342
    BANK OF NEW YORK MELLON CORP 32,211 36,211
    BANK OF NEW YORK MELLON CORP 158,722 178,432
    BANK OF NEW YORK MELLON CORP 51,818 58,253
    BANK OF NEW YORK MELLON CORP 96,634 108,634
    BB&T CORP 106,082 109,076
    BB&T CORP 145,935 147,813
    BB&T CORP 35,103 35,679
    BB&T CORP 174,460 174,317
    BB&T CORP 53,813 55,048
    BB&T CORP 60,281 62,183
    BERKSHIRE HATHAWAY INC 232,622 281,820
    BHP GROUP LTD SPON ADR 76,961 100,510
    BHP GROUP LTD SPON ADR 43,272 56,603
    BHP GROUP LTD SPON ADR 18,228 23,805
    BHP GROUP LTD SPONS 11,904 14,283
    BHP GROUP LTD SPONS 26,329 34,385
    BHP GROUP LTD SPONS 49,417 64,538
    BLACKROCK INC 52,509 75,347
    BLACKROCK INC 69,905 99,725
    BLACKROCK INC 20,281 24,377
    BLACKROCK INC 102,616 113,021
    BLACKROCK INC 27,798 37,674
    BLACKROCK INC 200,192 272,580
    BLACKROCK INC 21,493 37,674
    BLACROCK HIGH YIELD PORTFOLIO 257,993 242,513
    BOEING CO 29,362 107,790
    BOEING CO 146,152 534,551
    BOEING CO 55,332 167,185
    BOEING CO 90,004 330,410
    BP PLC SPONC ADR 93,367 93,830
    BP PLC SPONC ADR 51,481 51,180
    BP PLC SPONC ADR 19,947 20,046
    BP PLC SPONSORED ADR 250,775 311,004
    BP PLC SPONSORED ADR 24,191 24,311
    BP PLC SPONSORED ADR 30,981 31,135
    BP PLC SPONSORED ADR 55,596 55,872
    CABOT OIL & GAS CORP CL A 114,822 110,790
    CACI INC CL A 47,329 60,146
    CACI INC CL A 229,475 291,616
    CACI INC CL A 74,579 94,775
    CACI INC CL A 143,422 182,260
    CAPITAL GROUP INTL EQUITY FD 81,858 0
    CAPITAL PRIVATE CLIENT SVCS CAP NON US EQT 511,642 654,001
    CBS CORP CL B 176,380 167,701
    CBS CORP CL B 591,473 547,289
    CBS CORP CL B 344,344 335,905
    CBS CORP CL B 106,666 97,407
    CBS CORP CL B 156,125 142,596
    CBS CORP CL B 183,375 165,693
    CENTERPOINT ENERGY INC. 150,150 602,800
    CHECK POINT SOFTWARE TECH LTD 13,404 15,899
    CHECK POINT SOFTWARE TECH LTD 23,323 33,021
    CHECK POINT SOFTWARE TECH LTD 43,365 79,495
    CHECK POINT SOFTWARE TECHNOLOGIES LTD 71,020 129,638
    CHECK POINT SOFTWARE TECHNOLOGIES LTD 340,360 621,284
    CHECK POINT SOFTWARE TECHNOLOGIES LTD 9,945 21,403
    CHEVRON CORP 194,624 286,992
    CHEVRON CORP 559,034 672,040
    CHEVRON CORP 501,911 547,676
    CHEVRON CORP 267,726 332,432
    CHEVRON CORP 168,075 223,615
    CHEVRON CORP 161,559 322,866
    CHEVRON CORP 250,098 352,163
    CHEVRONTEXACO 110,247 0
    CHUBB CORP 37,309 40,170
    CHUBB CORP 21,370 22,763
    CHUBB CORP 6,218 6,695
    CHUBB CORP 12,436 13,390
    CHUBB CORP 144,670 133,900
    CHUBB LTD 5,601 5,356
    CHUBB LTD 24,873 26,780
    CINTAS CORP 180,284 371,880
    CISCO SYSTEMS INC 249,265 498,545
    CISCO SYSTEMS INC 954,652 1,534,981
    CISCO SYSTEMS INC 240,011 500,616
    CISCO SYSTEMS INC 251,490 416,749
    CISCO SYSTEMS INC 328,718 516,147
    CISCO SYSTEMS INC 171,695 181,195
    CISCO SYSTEMS INC 523,535 857,829
    CITIGROUP INC 427,796 460,656
    CITIGROUP INC 322,716 319,900
    CITIGROUP INC. 85,559 92,131
    CITIGROUP INC. 133,686 143,955
    CITIGROUP INC. 252,518 271,915
    CME GROUP INC 204,185 382,011
    CMS ENERGY CORP 125,312 141,440
    COCA-COLA CO 511,920 544,080
    COLGATE PALMOLIVE CO 214,394 210,784
    COMCAST CORP CL A 105,806 622,123
    COMCAST CORP CL A 145,054 301,626
    CONSOLIDATED EDISON INC 89,834 1,128,576
    CONSUMER STAPLES SELECT SECTOR S 174,869 173,888
    CONSUMER STAPLES SELECT SECTOR S 191,559 190,190
    CONSUMER STAPLES SELECT SECTOR SPDR FD 563,730 559,702
    CONSUMER STAPLES SELECT SECTOR SPDR FD 349,739 347,776
    CONSUMER STAPLES SELECT SECTOR SPDR FD 101,980 101,072
    COSTCO WHOLESALE CORP 125,679 267,957
    CUMMINS INC 326,425 385,225
    DANAHER CORP 141,322 254,040
    DANONE SA SPONS ADR 11,670 12,398
    DANONE SA SPONS ADR 27,467 29,182
    DANONE SA SPONS ADR 47,817 50,803
    DANONNE SASPONS ADR 79,696 84,672
    DANONNE SASPONS ADR 46,537 49,442
    DANONNE SASPONS ADR 17,647 18,749
    DBS GROUOP HLDGS LTD SPONS ADR 122,638 190,892
    DBS GROUOP HLDGS LTD SPONS ADR 74,736 117,472
    DBS GROUOP HLDGS LTD SPONS ADR 46,895 55,065
    DBS GROUP HLDGS LTD SPONS ADR 32,434 27,900
    DBS GROUP HLDGS LTD SPONS ADR 48,022 66,078
    DBS GROUP HLDGS LTD SPONS ADR 78,771 122,611
    DELL TECHNOLOGIES INC CL C 25 56
    DIGITAL REALTY TRUST CO 161,524 188,345
    DIGITAL REALTY TRUST CO 167,729 184,838
    DIGITAL REALTY TRUST CO 297,038 327,596
    DIGITAL REALTY TRUST INC 486,409 536,641
    DIGITAL REALTY TRUST INC 26,986 33,484
    DIGITAL REALTY TRUST INC 154,878 163,119
    DISNEY WALT CO. 223,805 270,816
    DOUBLELINE FDS TR TTL RTN BD 187,001 0
    DOUBLELINE TOTL RET BND-I 85,304 259,645
    DOWDUPON INC 120,553 106,460
    EATON CORP 93,336 134,811
    EATON CORP 52,766 67,805
    EATON CORP 56,385 75,782
    EATON CORPORATION PLC 146,817 183,471
    EATON CORPORATION PLC 36,666 44,671
    EATON CORPORATION PLC 23,277 35,897
    EDGEWOOD GROWTH FUND-INS 244,186 368,969
    EDISON INTERNATIONAL 180,275 178,472
    EDWARDS LIFESCIENCES CORP 69,932 330,116
    ELECTRONIC ARTS 157,967 164,742
    ELECTRONIC ARTS 123,802 140,797
    ELECTRONIC ARTS 238,541 252,859
    ELECTRONIC ARTS INC 518,054 536,368
    ELECTRONIC ARTS INC 345,390 329,483
    ELECTRONIC ARTS INC 88,549 93,864
    EMERSON ELECTRIC CO 177,539 163,560
    EMERSON ELECTRIC CO 556,697 511,125
    EMERSON ELECTRIC CO 28,733 26,579
    EMERSON ELECTRIC CO 122,382 112,448
    EMERSON ELECTRIC CO 186,459 171,057
    EMERSON ELECTRIC CO 313,613 288,956
    ENTERGY CORP NEW 156,412 181,994
    ENTERGY CORP NEW 377,022 457,317
    ENTERGY CORP NEW 35,929 40,132
    ENTERGY CORP NEW 176,828 195,060
    ENTERGY CORP NEW 125,694 153,061
    ENTERGY CORP NEW 209,064 252,924
    EOG RES INC 135,515 131,600
    EQUINIX INC 130,622 127,050
    ESSEX PROPERTY TRUST INC 193,113 251,856
    EXELON CORP 375,593 403,297
    EXELON CORP 28,063 30,126
    EXELON CORP 141,276 147,714
    EXELON CORP 127,611 137,024
    EXXON MOBIL CORP 374,479 331,926
    FACEBOOK INC CL A 85,617 92,027
    FACEBOOK INC CL A 196,792 230,874
    FACEBOOK INC CL A 183,962 182,439
    FACEBOOK INC CL A 45,869 54,086
    FACEBOOK INC CL A 85,075 96,547
    FACEBOOK INC CL A 75,887 226,030
    FACEBOOK INC CL A 121,885 143,691
    FEDEX CORP 607,720 724,000
    FIDELITY 500 INDEX FD-A1 898,747 962,417
    FORTIS INC 110,916 115,360
    FORTIS INC 64,123 66,693
    FORTIS INC 23,916 24,875
    FORTIS INC 37,781 39,295
    GALLAGHER ARTHUR J & CO. 35,826 65,830
    GALLAGHER ARTHUR J & CO. 17,476 32,112
    GALLAGHER SRTHUR J & CO 38,248 69,041
    GALLAGHER SRTHUR J & CO 11,569 18,464
    GALLAGHER SRTHUR J & CO 8,005 14,450
    GAMING & LEISURE PROPERTIES INC 381,811 400,180
    GAMING & LEISURE PROPERTIES INC 23,628 24,011
    GAMING & LEISURE PROPERTIES INC 113,649 117,507
    GAMING AND LEISURE PROPERTIES INC 130,710 135,334
    GAMING AND LEISURE PROPERTIES INC 128,536 134,606
    GAMING AND LEISURE PROPERTIES INC 213,494 224,101
    GILEAD SCIENCES INC 154,195 135,242
    GILEAD SCIENCES INC 556,485 487,650
    GILEAD SCIENCES INC 18,465 16,255
    GILEAD SCIENCES INC 124,041 108,583
    GILEAD SCIENCES INC 185,925 162,550
    GILEAD SCIENCES INC 175,000 161,250
    GLAXOSMITHKLINE PLC SPONS ADR 53,413 56,504
    GLAXOSMITHKLINE PLC SPONS ADR 32,227 33,902
    GLAXOSMITHKLINE PLC SPONS ADR 12,209 12,915
    GLAXOSMITHKLINE PLC SPONSORED ADR 8,012 8,476
    GLAXOSMITHKLINE PLC SPONSORED ADR 19,076 20,180
    GLAXOSMITHKLINE PLC SPONSORED ADR 33,193 35,113
    GOLDMAN SACHS GROUP INC 68,965 56,060
    GOLDMAN SACHS GROUP INC 206,904 168,179
    HARDING LOEVNER INSTITUTIONAL 148,000 127,167
    HARDING LOEVNER INSTITUTIONAL 210,636 295,933
    HARDING LOEVNER INSTITUTIONAL 475,513 568,510
    HARDING LOEVNER INSTITUTIONAL EMERGING MARKETS PORTFOLIO CLASS I 765,723 908,541
    HARDING LOEVNER INSTITUTIONAL EMERGING MARKETS PORTFOLIO CLASS I 145,000 165,857
    HARDING LOEVNER INSTITUTIONAL EMERGING MARKETS PORTFOLIO CLASS I 188,464 227,890
    HOME DEPOT INC 406,226 673,910
    HOME DEPOT INC 432,510 418,416
    HOME DEPOT INC 20,011 109,233
    HOME DEPOT INC. 156,757 210,134
    HOME DEPOT INC. 159,705 214,762
    HOME DEPOT INC. 127,581 398,051
    HOME DEPOT INC. 158,463 333,252
    HONEYWELL INTL INC 117,027 221,861
    HONEYWELL INTL INC 524,726 741,077
    HONEYWELL INTL INC 23,380 32,355
    HONEYWELL INTL INC 100,382 166,396
    HONEYWELL INTL INC 171,679 238,809
    HONEYWELL INTL INC 128,181 201,061
    HONEYWELL INTL INC 287,086 409,826
    HOYA CORP ADR 95,473 98,400
    HOYA CORP ADR 56,716 58,425
    HOYA CORP ADR 20,887 21,525
    HOYA CORP ADR 14,933 15,375
    HOYA CORP ADR 33,424 34,440
    HOYA CORP ADR 59,112 60,885
    HSBC HOLDINGS PLC ADR 20,267 16,740
    HSBC HOLDINGS PLC ADR 134,551 110,241
    HSBC HOLDINGS PLC ADR 80,482 65,328
    HSBC HOLDINGS PLC ADR 26,651 22,457
    HSBC HOLDINGS PLC ADR 48,479 39,197
    HSBC HOLDINGS PLC ADR 79,124 65,328
    ILLINOIS TOOL WORKS INC 46,829 46,106
    ILLINOIS TOOL WORKS INC 219,509 216,120
    ILLINOIS TOOL WORKS INC 74,633 73,481
    ILLINOIS TOOL WORKS INC 133,169 131,113
    INGERSOLL-RAND PLC 193,592 232,232
    INTEL CORP 77,105 76,792
    INTEL CORP 0 238,320
    INTEL CORP 339,350 582,560
    INTEL CORP 65,936 65,670
    INTEL CORP 81,891 81,558
    INTEL CORP 133,472 132,930
    INTERCONT. HOTELS GROUP PLC SPON 20,321 18,383
    INTERCONTINENTAL HOTELS GROUP ADR PLC 71,082 83,025
    INTERCONTINENTAL HOTELS GRP PLC 35,339 41,301
    INTERCONTINENTAL HOTELSGRP PLC SPN ADR 100,992 122,633
    INTERCONTINENTAL HPTELS GRP PLC SONS ADR 69,688 74,741
    INTERCONTINENTAL HPTELS GRP PLC SONS ADR 24,854 29,872
    ISHARES BARCLAYS 7-10 YEAR TREASURY BOND FUND 519,941 517,427
    ISHARES BARCLAYS MBS FUBD 518,809 519,027
    ISHARES INC MSCI JAPAN NEW 261,104 223,691
    ISHARES MSCI EAFE SMALL CAP INDEX FD ETF 213,927 214,313
    ISHARES MSCI EAFE SMALL CAP INDEX FD ETF 133,745 133,731
    ISHARES MSCI EAFE SMALL CAP INDEX FD ETF 63,754 62,865
    ISHARES MSCI EMERGING MKT INDEX FD 88,529 0
    ISHARES MSCI JAPAN ETF 17,270 15,764
    ISHARES MSCI JAPAN ETF 120,202 108,720
    ISHARES MSCI JAPAN ETF 70,619 63,601
    ISHARES MSCI JAPAN ETF 24,040 21,744
    ISHARES MSCI JAPAN ETF 43,273 39,139
    ISHARES MSCI JAPAN ETF 70,913 64,145
    ISHARES NASDAQ BIOTECHNOLOGY ETF 1,043,920 1,352,880
    ISHARES TR MSCI EAFE INDEX FD 1,237,995 1,446,718
    ISHARES TR MSCI EAFE SMALL CAP I 39,322 34,290
    ISHARES TR MSCI EAFE SMALL CAP I 78,725 78,867
    ISHARES TR MSCI EAFE SMALL CAP I 130,068 130,302
    J P MORGAN CHASE & CO 295,056 437,268
    J P MORGAN CHASE & CO 1,237,886 1,330,590
    J P MORGAN CHASE & CO 543,233 1,013,336
    J P MORGAN CHASE & CO 263,623 294,295
    J P MORGAN CHASE & CO 408,804 446,661
    J P MORGAN CHASE & CO 149,456 408,569
    J P MORGAN CHASE & CO 677,217 743,043
    JOHN HANCOCK III DISCPL-V-R6 331,247 343,703
    JOHNSON & JOHNSON CO 166,631 173,533
    JOHNSON & JOHNSON CO 570,431 587,552
    JOHNSON & JOHNSON CO 390,719 543,827
    JOHNSON & JOHNSON CO 123,241 127,075
    JOHNSON & JOHNSON CO 186,959 192,662
    JOHNSON & JOHNSON CO 183,123 239,120
    JOHNSON & JOHNSON CO 336,849 347,066
    JPM CORE BD FD - R6 FUND 3900 4,771,368 4,658,992
    JPM TR I GL RES ENH IDX FD FUND FUND 3457 67,168 0
    JPMORGAN BETABUILDERS CANADA ETF 263,663 258,974
    JPMORGAN BETABUILDERS DEVELOPED ASIA EX-JAPAN ETF 137,901 135,594
    JPMORGAN BETABUILDERS EUROPE -ETF ISIN 471,176 536,407
    JPMORGAN BETABUILDERS JAPAN - ETF ISIN 393,802 411,543
    JPMORGAN GL RES ENH IDX-R6 1,016,319 1,180,295
    KEYCORP 81,124 66,755
    KEYCORP 401,328 330,242
    KEYCORP 130,914 107,726
    KEYCORP 244,660 201,324
    LAS VEGAS SANDS CORP 11,130 9,215
    LILI ELI & CO 84,498 378,870
    LILI ELI & CO 10,296 34,098
    LILI ELI & CO 22,631 83,351
    LILLY ELI & CO 171,880 0
    LILLY ELI & CO 12,311 0
    LILLY ELI & CO 34,376 0
    LILLY ELLI & CO 105,201 155,337
    LILLY ELLI & CO 89,446 132,605
    LILLY ELLI & CO 140,522 207,116
    LINDE PLC 161,880 173,240
    LYONDELLBASELL INDUSTRIES NV CL A 87,969 87,230
    LYONDELLBASELL INDUSTRIES NV CL A 270,065 265,112
    LYONDELLBASELL INDUSTRIES NV CL A 11,924 11,973
    LYONDELLBASELL INDUSTRIES NV CL A 56,059 55,588
    LYONDELLBASELL INDUSTRIES NV CL A 85,382 84,665
    LYONDELLBASELL INDUSTRIES NV CL A 153,515 152,226
    MAGNA INTL INC CL A 116,786 216,193
    MARRIOTT INTERNATIONAL INC CL A 158,199 154,082
    MARRIOTT INTERNATIONAL INC CL A 521,965 501,080
    MARRIOTT INTERNATIONAL INC CL A 306,251 306,912
    MARRIOTT INTERNATIONAL INC CL A 93,690 88,942
    MARRIOTT INTERNATIONAL INC CL A 167,137 160,346
    MARRIOTT INTERNATIONAL INC CL A 253,347 240,518
    MASTERCARD INC CLASS A 149,533 584,402
    MATTHEWS PACIFIC TIGER FUND CL 1 85,731 78,464
    MATTHEWS PACIFIC TIGER FUND CL 1 217,863 202,230
    MATTHEWS PACIFIC TIGER FUND CL 1 280,398 262,091
    MATTHEWS PACIFIC TIGER FUND CL IS 133,347 405,931
    MATTHEWS PACIFIC TIGER FUND CL IS 338,000 299,787
    MATTHEWS PACIFIC TIGER FUND CL IS 26,000 26,092
    MATTHEWS PACIFIC TIGER FUND INSTITUTIONAL CLASS 300,000 0
    MCCORMICK & CO 14,963 19,037
    MCDONALDS CORP 193,433 303,336
    MERCK & CO INC 301,214 437,340
    MERCK & CO INC 840,015 1,221,789
    MERCK & CO INC 625,283 937,274
    MERCK & CO INC 176,313 266,631
    MERCK & CO INC 300,242 424,334
    MERCK & CO INC 488,257 675,926
    METLIFE INC 133,730 160,425
    METLIFE INC 210,182 213,297
    METLIFE INC 47,297 51,517
    METLIFE INC 111,683 119,302
    METLIFE INC 72,711 79,083
    METLIFE INC 35,418 42,931
    MICROSOFT CORP 736,027 1,803,683
    MICROSOFT CORP 445,749 1,156,150
    MICROSOFT CORP 73,210 173,647
    MICROSOFT CORP. 176,586 444,759
    MICROSOFT CORP. 307,532 645,293
    MICROSOFT CORP. 270,898 560,150
    MICROSOFT CORP. 437,913 1,076,608
    MONDELEZ INTERNATIONAL INC 139,612 153,270
    MONDELEZ INTERNATIONAL INC 585,366 641,376
    MONDELEZ INTERNATIONAL INC 156,509 171,191
    MONDELEZ INTERNATIONAL INC 198,652 217,879
    MONDELEZ INTERNATIONAL INC 330,555 364,075
    MORGAN STANLEY 83,407 75,984
    MORGAN STANLEY 110,595 100,752
    MORGAN STANLEY 26,695 24,348
    MORGAN STANLEY 121,260 118,384
    MORGAN STANLEY 41,012 37,362
    MORGAN STANLEY 46,081 41,980
    MORGAN STANLEY US GOV SEC TRUST 104,600 84,190
    NEXTERA ENERGY INC 74,321 75,088
    NEXTERA ENERGY INC 241,542 244,036
    NEXTERA ENERGY INC 65,030 65,702
    NEXTERA ENERGY INC 79,895 80,720
    NEXTERA ENERGY INC 232,642 281,580
    NEXTERA ENERGY INC 133,777 135,158
    NIPPON TELEG & TEL CORP SPONSORED ADR 19,611 18,209
    NIPPON TELEG & TEL CORP SPONSORED ADR 51,095 77,605
    NORTHROP GRUMMAN CORP 155,106 202,972
    NOVO NORDISK AS SPONS ADR 16,254 16,643
    NOVO NORDISK AS SPONS ADR 109,956 112,585
    NOVO NORDISK AS SPONS ADR 63,804 65,593
    NOVO NORDISK AS SPONS ADR 23,425 23,986
    NOVO NORDISK AS SPONS ADR 38,246 39,160
    NOVO NORDISK ASSPONS ADR 65,017 66,572
    NRG ENERGY INC 96,079 112,703
    NUTRIENT LTD 18,545 19,598
    NUTRIENT LTD 118,941 128,533
    NUTRIENT LTD 71,529 76,706
    NUTRIENT LTD 27,124 29,071
    NUTRIENT LTD 42,215 45,457
    NUTRIENT LTD 72,740 79,101
    NXP SEMICONDUCTORS NV 15,861 15,524
    NXP SEMICONDUCTORS NV 111,737 109,584
    NXP SEMICONDUCTORS NV 64,288 63,011
    NXP SEMICONDUCTORS NV 24,181 23,743
    NXP SEMICONDUCTORS NV 38,209 37,441
    NXP SEMICONDUCTORS NV 65,244 63,924
    OCCIDENTAL PETROLEUM CORP 248,068 254,678
    OCCIDENTAL PETROLEUM CORP 666,886 681,345
    OCCIDENTAL PETROLEUM CORP 151,829 150,822
    OCCIDENTAL PETROLEUM CORP 167,906 142,223
    OCCIDENTAL PETROLEUM CORP 238,455 241,448
    OCCIDENTAL PETROLEUM CORP 199,692 352,535
    PACKAGING CORP AMER 39,277 32,501
    PACKAGING CORP AMER 59,995 49,707
    PACKAGING CORP AMER 117,682 97,502
    PACKAGING CORP OF AMERICA 196,137 162,503
    PACKAGING CORP OF AMERICA 46,150 38,236
    PEPSICO INC 262,786 300,664
    PERKINELMER INC 357,987 753,280
    PFIZER INC 51,458 65,025
    PFIZER INC 12,304 15,606
    PFIZER INC 10,253 13,005
    PFIZER INC. 43,406 55,055
    PFIZER INC. 18,798 23,843
    PFIZER INC. 20,848 26,444
    PGIM TOTAL RETURN BD FUD CL R6 ISIN 794,592 776,968
    PIMCO INCOME FD-INS 258,575 249,392
    PIMCO INVESTMENT GRADE CORPORATE BOND FUND CLASS A 525,506 519,883
    PNC FINANCIAL SERVICES GROUP INC 182,935 245,739
    PROCTER & GAMBLE CO 247,252 263,129
    PROCTER & GAMBLE CO 792,861 837,675
    PROCTER & GAMBLE CO 575,673 686,894
    PROCTER & GAMBLE CO 181,114 191,187
    PROCTER & GAMBLE CO 265,983 283,824
    PROCTER & GAMBLE CO 454,928 481,910
    PROGRESSIVE CORP OHIO 97,503 110,079
    PROGRESSIVE CORP OHIO 511,950 546,750
    PROGRESSIVE CORP OHIO 432,291 437,400
    PROGRESSIVE CORP OHIO 126,936 135,594
    PROGRESSIVE CORP OHIO 168,642 180,063
    PROGRESSIVE CORP OHIO 336,003 376,893
    PULTE GROUP INC 177,020 247,320
    RAYONIER ADVANCED MATERIALS INC 32 14
    RAYTHEON CO NEW 102,447 162,628
    RAYTHEON CO NEW 152,173 184,635
    RAYTHEON CO NEW 238,490 261,100
    RAYTHEON CO NEW 196,300 315,372
    RAYTHEON CORP NEW 407,893 595,868
    RAYTHEON CORP NEW 15,862 21,448
    RAYTHEON CORP NEW 92,040 124,023
    ROCHE HOLDING LTD ADR 19,006 22,869
    ROCHE HOLDING LTD ADR 153,051 162,855
    ROCHE HOLDING LTD ADR 83,880 92,862
    ROCHE HOLDING LTD ADR 33,224 45,045
    ROCHE HOLDING LTD ADR 47,951 55,440
    ROCHE HOLDING LTD ADR 88,709 102,564
    ROPER TECHNOLOGIES INC 228,374 258,920
    ROYAL DUTCH PLC ADR 83,751 302,900
    SAFRAN SA UNSP ADR 21,636 27,589
    SAFRAN SA UNSP ADR 49,122 62,330
    SAFRAN SA UNSP ADR 61,705 80,041
    SAFRANSA UNSP ADR 133,646 170,300
    SAFRANSA UNSP ADR 86,636 109,673
    SAFRANSA UNSP ADR 22,319 28,951
    SAP AG (AKTIENGESELLSCHAFT) SPONSORED ADR 18,023 18,212
    SAP AG (AKTIENGESELLSCHAFT) SPONSORED ADR 36,412 40,709
    SAP AG (AKTIENGESELLSCHAFT) SPONSORED ADR 67,305 76,062
    SAP AG SPONS ADR 104,520 117,843
    SAP AG SPONS ADR 56,140 66,421
    SAP AG SPONS ADR 33,077 36,424
    SCHLUMBERGER LTD 38,216 46,704
    SCHLUMBERGER LTD 356,936 176,240
    SCHLUMBERGER LTD 61,650 75,343
    SCHWAB U.S. TIPS ETF 265,992 267,799
    SIC CIRCLES INTERNATIONAL UNCONSTRAINED EQUITY FUND 389,527 390,380
    SIX CIRCLES U.S. UNCONSTRAINED EQUITY FUND 779,053 772,097
    SIX CIRCLES ULTRA SHORT DURATION FUND 519,369 518,850
    SIX FLAGS ENTERTAINMENT CORP 33,068 44,011
    SONY CORP AMER SH NEW ADR 25,047 24,955
    SONY CORP AMER SH NEW ADR 116,693 177,563
    SONY CORP AMER SH NEW ADR 64,525 97,900
    SONY CORP AMER SH NEW ADR 26,991 40,792
    SONY CORP AMER SH NEW ADR 38,839 59,028
    SONY CORP AMERICA NEW ADR 73,321 111,337
    SPDR S&P 500 ETF TRUST 3,641,938 4,824,229
    STARWOOD PROPERTY TRUST INC 103,094 112,150
    STARWOOD PROPERTY TRUST INC 27,833 27,140
    STARWOOD PROPERTY TRUST INC 127,687 131,664
    STARWOOD PROPERTY TRUST INC REIT 76,496 82,318
    STARWOOD PROPERTY TRUST INC REIT 35,845 41,047
    STARWOOD PROPERTY TRUST INC REIT 44,405 46,879
    STRYKER CORP 293,112 301,616
    STRYKER CORP 97,093 99,910
    STRYKER CORP 296,569 339,318
    SUMITOMO MITSUI FIN 1 ADR REP 16,089 13,495
    SUMITOMO MITSUI FIN 1 ADR REP 44,568 34,129
    SUMITOMO MITSUI FIN 1 ADR REP 57,808 44,268
    SUMITOMO MITSUI FIN GROUP INC SPONS ADR 106,291 81,396
    SUMITOMO MITSUI FIN GROUP INC SPONS ADR 70,861 54,264
    SUNCOKE ENERGY, INC. 16,137 6,160
    SUNCOR ENERGY INC 20,613 22,054
    SUNCOR ENERGY INC 112,256 151,624
    SUNCOR ENERGY INC 66,823 88,907
    SUNCOR ENERGY INC 38,884 43,075
    SUNCOR ENERGY INC 37,829 51,001
    SUNCOR ENERGY INC 86,929 94,076
    SUNTRUST BANKS INC 89,718 150,498
    SUNTRUST BANKS INC 251,955 421,655
    SUNTRUST BANKS INC 23,704 28,543
    SUNTRUST BANKS INC 102,034 138,173
    SUNTRUST BANKS INC 86,090 144,011
    SUNTRUST BANKS INC 236,490 272,454
    SUNTRUST BANKS INC 138,047 233,532
    TENCENT HOLDING LTD UNSP ADR 63,988 47,091
    TENCENT HOLDING LTD UNSP ADR 43,821 32,108
    TENCENT HOLDINNG LTD UNSP ADR 10,443 7,706
    TENCENT HOLDINNG LTD UNSP ADR 27,922 20,549
    TENCENT HOLDINNG LTD UNSP ADR 36,648 26,970
    TEXAS INSTRUMENTS INC 61,366 65,584
    THERMO FISHER SCIENTIFIC INC 73,548 128,487
    THERMO FISHER SCIENTIFIC INC 356,216 616,479
    THERMO FISHER SCIENTIFIC INC 78,508 137,572
    THERMO FISHER SCIENTIFIC INC 120,726 208,954
    THERMO FISHER SCIENTIFIC INC 114,942 386,759
    THERMO FISHER SCIENTIFIC INC 212,932 368,589
    TJX COS INC NEW 173,246 166,693
    TJX COS INC NEW 509,153 482,126
    TJX COS INC NEW 328,795 333,385
    TJX COS INC NEW 113,740 107,709
    TJX COS INC NEW 198,836 190,286
    TJX COS INC NEW 298,962 283,121
    TORONTO DOMINION BK ONT NEW (CAD) 15,966 15,493
    TORONTO DOMINION BK ONT NEW (CAD) 31,745 36,149
    TORONTO DOMINION BK ONT NEW (CAD) 52,698 61,397
    TORONTO DOMINION BK ONT NEW (USD) 90,699 103,284
    TORONTO DOMINION BK ONT NEW (USD) 56,302 60,823
    TORONTO DOMINION BK ONT NEW (USD) 19,055 22,378
    TOTAL SA SPD ADR 18,235 18,211
    TOTAL SA SPD ADR 96,040 119,511
    TOTAL SA SPD ADR 58,383 71,707
    TOTAL SA SPD ADR 23,598 27,317
    TOTAL SA SPD ADR 34,273 42,113
    TOTAL SA SPD ADR 64,539 73,414
    UBS GROUP AG 14,382 11,276
    UBS GROUP AG 101,814 79,821
    UBS GROUP AG 57,204 44,852
    UBS GROUP AG 21,818 17,105
    UBS GROUP AG 35,877 28,127
    UBS GROUP AG 60,603 47,513
    UNION PACIFIC CORP 54,827 67,080
    UNION PACIFIC CORP 326,137 335,400
    UNION PACIFIC CORP 728,210 1,173,900
    UNION PACIFIC CORP 105,995 109,005
    UNION PACIFIC CORP 201,144 301,860
    UNION PACIFIC CORP 197,313 202,917
    UNION PACIFIC CORP SR NT 4.163% 7/15/2022 10,324 0
    UNITED TECHNOLOGIES CORP 426,689 540,381
    UNITEDHEALTH GROUP INC 61,521 130,799
    UNITEDHEALTH GROUP INC 208,212 541,362
    UNITEDHEALTH GROUP INC 60,806 147,754
    UNITEDHEALTH GROUP INC 86,585 184,087
    UNITEDHEALTH GROUP INC 243,043 496,551
    UNITEDHEALTH GROUP INC 145,791 310,042
    UPM KYMMENE CORP 9,766 8,159
    UPM KYMMENE CORP 22,469 19,341
    UPM KYMMENE CORP 38,618 33,242
    UPM KYMMENE CORP SPONS ADR 63,193 54,396
    UPM KYMMENE CORP SPONS ADR 37,916 32,638
    VANGUARD 500 INDEX FUND 1,857,488 2,382,731
    VANGUARD TOTAL INTL BND -ADM 2,058,506 2,073,894
    VERIZON COMMUNICATIONS 398,081 807,467
    VERIZON COMMUNICATIONS 93,754 113,840
    VERIZON COMMUNICATIONS 87,490 102,456
    VERIZON COMMUNICATIONS 281,730 342,089
    VERIZON COMMUNICATIONS INC 206,258 250,448
    VERIZON COMMUNICATIONS INC 188,215 192,959
    VERIZON COMMUNICATIONS INC 46,408 56,351
    VERSUS CAP MULTI MGR REAL ESTATE INCOME 362,389 387,452
    VERSUS CAP MULTI MGR REAL ESTATE INCOME 1,420,000 1,477,515
    VERSUS CAP MULTI MGR REAL ESTATE INCOME 940,000 946,676
    VERSUS CAP MULTI MGR REAL ESTATE INCOME 307,442 321,318
    VERSUS CAP MULTI MGR REAL ESTATE INCOME 500,000 514,018
    VERSUS CAP MULTI MGR REAL ESTATE INCOME 877,855 929,075
    VERSUS CAPITAL REAL ASSETS FUND 362,999 362,032
    VERSUS CAPITAL REAL ASSETS FUND 495,388 494,084
    VERSUS CAPITAL REAL ASSETS FUND 847,803 845,574
    VERSUS CAPITAL REAL ASSETS FUND LLC 1,399,797 1,396,118
    VERSUS CAPITAL REAL ASSETS FUND LLC 843,013 840,111
    VERSUS CAPITAL REAL ASSETS FUND LLC 292,221 291,396
    VISA INC CL A 139,995 198,481
    VISA INC CL A 695,106 986,479
    VISA INC CL A 239,082 328,826
    VISA INC CL A 270,432 657,653
    VISA INC CL A 421,912 593,961
    VODAFONE GROUP PLC SPONSORED ADR 84,846 80,914
    WAL MART DE MEXICO SAB DE CV SPONS ADR SER V 41,832 46,872
    WAL MART DE MEXICO SAB DE CV SPONS ADR SER V 25,564 28,644
    WAL MART DE MEXICO SAB DE CV SPONS ADR SER V 9,296 10,416
    WAL MART DE MEXICOSAB DE CV SPONS ADR SER V 6,973 7,291
    WAL MART DE MEXICOSAB DE CV SPONS ADR SER V 15,106 16,926
    WAL MART DE MEXICOSAB DE CV SPONS ADR SER V 25,564 28,644
    WAL MART STORES INC 184,189 272,223
    WASHINGTON PRIME GROUP INC 8 6
    WESTROCK & CO INC 49,254 27,287
    WESTROCK & CO INC 21,591 11,962
    WESTROCK & CO INC 23,615 13,083
    WESTROCK CO 53,977 29,904
    WESTROCK CO 14,169 7,850
    WESTROCK CO 13,494 7,476
    XILINX INC 46,172 78,939
    XILINX INC 227,308 250,600
    XILINX INC 142,068 136,577
    XLINX INC 49,724 82,698
    XYLEM INC 340,400 755,500
    ZOETIS INC 77,439 86,692
    ZOETIS INC 131,755 139,460
    ZOETIS INC 193,956 358,073
    ZOETIS INC 226,424 253,479
    ZOETIS, INC 400,532 424,035
    ZOETIS, INC 89,068 94,230

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    THE APPLEBAUM FOUNDATION INC
    EIN:
    59-1002714
    US Government Securities - End of Year Book Value:

    7,406,610
    US Government Securities - End of Year Fair Market Value:

    7,252,601
    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:
    THE APPLEBAUM FOUNDATION INC
    EIN:
    59-1002714
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN AIF VI PRIVATE INVESTORS, LLC AT COST 174,650 82,452

    TY 2018 LegalFeesSchedule
    Name:
    THE APPLEBAUM FOUNDATION INC
    EIN:
    59-1002714
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOIES SCHILLER FLEXNER LLP 72,573 0   72,573
    JAMES KAUFMAN, ESQ. 25,000 0   25,000
    GREENSPOON MARDER LLP 2,831 0   2,831
    PROSKAUER ROSE LLP 1,500 0   1,500
    PRYOR CASHMAN LLP 922 0   922


    TY 2018 OtherAssetsSchedule
    Name:
    THE APPLEBAUM FOUNDATION INC
    EIN:
    59-1002714
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTEREST RECEIVABLE 4,945 0 0


    TY 2018 OtherExpensesSchedule
    Name:
    THE APPLEBAUM FOUNDATION INC
    EIN:
    59-1002714
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL PROCESSING FEES 1,549 0   1,549
    NYS FILING FEE 1,500 0   1,500
    INSURANCE 1,239 0   1,239
    MISCELLANEOUS 4,213 0   4,213
    COMPUTER 2,119 0   2,119


    TY 2018 OtherIncomeSchedule2
    Name:
    THE APPLEBAUM FOUNDATION INC
    EIN:
    59-1002714
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME (LOSS) FROM INVESTMENT IN AIF VI PRIVATE INVESTORS, LLC -308 -308 -308


    TY 2018 OtherLiabilitiesSchedule
    Name:
    THE APPLEBAUM FOUNDATION INC
    EIN:
    59-1002714
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED PENSION PAYABLE 10,000 0


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE APPLEBAUM FOUNDATION INC
    EIN:
    59-1002714
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FERGUSON WELLMAN CAPITAL MANAGEMENT - INV ADVISOR 197,439 197,439   0
    JP MORGAN CHASE BANK, N.A. - INV MGMT & CUSTODIAN 91,266 91,266   0
    CITY NATIONAL BANK - INV ADVISOR 85,931 85,931   0
    FIDUCIARY TRUST COMPANY INTERNATIONAL - CUSTODIAN 55,308 55,308   0
    OTHER PROFESSIONAL FEES 5,973 0   5,973
    OTHER INVESTMENT MANAGEMENT FEES 5,785 5,785   0


    TY 2018 TaxesSchedule
    Name:
    THE APPLEBAUM FOUNDATION INC
    EIN:
    59-1002714
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 40,005 40,005   0
    FEDERAL TAXES PAID 151,017 0   0