Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
BULOVA GALE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)C/O ORENSTEIN - 150 PITTSFIELD ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LENOX, MA01240
A Employer identification number

13-3866091
B Telephone number (see instructions)

(413) 447-1900
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$2,391,548J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 103,257 103,257 103,257
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 12,806
b Gross sales price for all assets on line 6a 1,479,292
7 Capital gain net income (from Part IV, line 2)... 12,806
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 116,063 116,063 103,257
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,148 4,099   2,049
c Other professional fees (attach schedule).... Click to see attachment 21,910 21,910    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,399 1,399    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 250     250
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 29,707 27,408   2,299
25 Contributions, gifts, grants paid....... 124,800 124,800
26 Total expenses and disbursements. Add lines 24 and 25 154,507 27,408   127,099
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -38,444
b Net investment income (if negative, enter -0-) 88,655
c Adjusted net income (if negative, enter -0-)... 103,257
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............. 21,837 10,229 10,229
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) 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) 8,432 Click to see attachment8,405 9,690
b Investments—corporate stock (attach schedule)....... 944,910 Click to see attachment297,547 317,001
c Investments—corporate bonds (attach schedule)....... 26,564 Click to see attachment13,510 15,237
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,454,153 Click to see attachment2,087,761 2,039,391
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,455,896 2,417,452 2,391,548
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
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.................. 2,455,896 2,417,452
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 2,455,896 2,417,452
31 Total liabilities and net assets/fund balances (see instructions). 2,455,896 2,417,452
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
2,455,896
2
Enter amount from Part I, line 27a .....................
2
-38,444
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
2,417,452
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
2,417,452
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 313 Dominion Energy IncCommon StockSymbol: D P 2017-10-24 2018-01-08
b 500 Dowdupont IncCommon StockCusip: 26078j100 P 2017-10-24 2018-06-25
c 1005 Energous CorporationSymbol: Watt P 2018-01-08 2018-06-25
d 9 Energous CorporationSymbol: Watt P 2018-01-08 2018-06-25
e 951 First Tr Exchange TradedAlphadex Fd II DevelopedSymbol: Fdt P 2017-10-27 2018-10-22
1115 First Tr Exchange TradedAlphadex Fd II Europe AlphadexSymbol: Fep P 2018-01-08 2018-10-22
2069.536 Goldman Sachs TrEmerging Mkts Equity Fd InvstrSymbol: Girmx P 2018-01-08 2018-06-25
1373 Ishares IncIshares Msci Global SelectSymbol: Pick P 2018-01-08 2018-06-25
8.162 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2017-07-03 2018-06-25
8.506 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2017-08-01 2018-06-25
8.711 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2017-09-01 2018-06-25
7.929 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2017-10-02 2018-06-25
1854.46 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2017-10-24 2018-06-25
10.028 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2017-11-01 2018-06-25
12.389 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2017-12-01 2018-06-25
12.886 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2018-01-02 2018-06-25
12.548 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2018-02-01 2018-06-25
12.198 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2018-03-01 2018-06-25
14.695 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2018-04-02 2018-06-25
14.741 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2018-05-01 2018-06-25
15.411 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2018-06-01 2018-06-25
4585.68 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2017-10-24 2018-10-22
160.663 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2017-11-01 2018-10-22
177.051 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2017-12-01 2018-10-22
178.106 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2018-01-02 2018-10-22
180.195 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2018-02-01 2018-10-22
182.627 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2018-03-01 2018-10-22
183.434 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2018-04-02 2018-10-22
185.936 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2018-05-01 2018-10-22
152.097 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2018-08-01 2018-10-22
5964.215 Putnam Ultra Short DurationIncome Fd Cl YSymbol: Psdyx P 2018-06-25 2018-09-28
501 Robo Global Robotics AndAutomation Index EtfSymbol: Robo P 2017-10-24 2018-10-22
7257.282 Tiaa Cref FdsSocial Choice Bd Fd RetirementSymbol: Tsbbx P 2017-10-24 2018-06-25
3.308 Tiaa Cref FdsSocial Choice Bd Fd RetirementSymbol: Tsbbx P 2017-11-02 2018-06-25
13.842 Tiaa Cref FdsSocial Choice Bd Fd RetirementSymbol: Tsbbx P 2017-12-04 2018-06-25
14.158 Tiaa Cref FdsSocial Choice Bd Fd RetirementSymbol: Tsbbx P 2018-01-03 2018-06-25
14.29 Tiaa Cref FdsSocial Choice Bd Fd RetirementSymbol: Tsbbx P 2018-02-02 2018-06-25
15.018 Tiaa Cref FdsSocial Choice Bd Fd RetirementSymbol: Tsbbx P 2018-03-02 2018-06-25
15.206 Tiaa Cref FdsSocial Choice Bd Fd RetirementSymbol: Tsbbx P 2018-04-03 2018-06-25
15.878 Tiaa Cref FdsSocial Choice Bd Fd RetirementSymbol: Tsbbx P 2018-05-02 2018-06-25
15.848 Tiaa Cref FdsSocial Choice Bd Fd RetirementSymbol: Tsbbx P 2018-06-04 2018-06-25
0 Uit Ft Imagine 2025 PortfolioSer Semi Annual Fee ReinvestCusip: 30309v437 P 2018-09-12 2018-10-25
150 Universal Display CorporationSymbol: Oled P 2017-10-24 2018-03-19
168 Vaneck Vectors Etf TrSemiconductor EtfSymbol: Smh P 2017-10-24 2018-09-12
196 Wisdomtree TrEurope Hedged Equity FundSymbol: Hedj P 2017-03-10 2018-01-08
204 Wisdomtree TrEurope Hedged Equity FundSymbol: Hedj P 2017-04-13 2018-01-08
68.3199 Blackrock Health Sciences TrSymbol: Bme P 2015-01-07 2018-01-08
16.9821 Blackrock Health Sciences TrSymbol: Bme P 2015-02-04 2018-01-08
16.4408 Blackrock Health Sciences TrSymbol: Bme P 2015-03-04 2018-01-08
6.8397 Blackrock Health Sciences TrSymbol: Bme P 2015-04-06 2018-01-08
7.027 Blackrock Health Sciences TrSymbol: Bme P 2015-05-07 2018-01-08
6.6444 Blackrock Health Sciences TrSymbol: Bme P 2015-06-02 2018-01-08
6.6583 Blackrock Health Sciences TrSymbol: Bme P 2015-07-09 2018-01-08
6.5084 Blackrock Health Sciences TrSymbol: Bme P 2015-08-05 2018-01-08
7.9764 Blackrock Health Sciences TrSymbol: Bme P 2015-09-04 2018-01-08
4.5477 Blackrock Health Sciences TrSymbol: Bme P 2015-10-15 2018-01-08
380 Blackrock Health Sciences TrSymbol: Bme P 2015-10-26 2018-01-08
4.5024 Blackrock Health Sciences TrSymbol: Bme P 2015-11-09 2018-01-08
6.3583 Blackrock Health Sciences TrSymbol: Bme P 2015-12-03 2018-01-08
151.801 Blackrock Health Sciences TrSymbol: Bme P 2015-12-31 2018-01-08
8.1419 Blackrock Health Sciences TrSymbol: Bme P 2016-01-29 2018-01-08
8.2351 Blackrock Health Sciences TrSymbol: Bme P 2016-02-29 2018-01-08
8.2493 Blackrock Health Sciences TrSymbol: Bme P 2016-03-31 2018-01-08
7.9074 Blackrock Health Sciences TrSymbol: Bme P 2016-04-29 2018-01-08
7.7886 Blackrock Health Sciences TrSymbol: Bme P 2016-05-31 2018-01-08
8.9371 Blackrock Health Sciences TrSymbol: Bme P 2016-10-31 2018-01-08
8.1342 Blackrock Health Sciences TrSymbol: Bme P 2016-11-30 2018-01-08
0.5137 Blackrock Health Sciences TrSymbol: Bme P 2016-11-30 2018-01-08
4202 Cohen & Steers Quality IncomeRlty Fd IncSymbol: Rqi P 2015-10-26 2018-01-08
1745 Cohen & Steers Quality IncomeRlty Fd IncSymbol: Rqi P 2016-08-02 2018-01-08
39.7128 Cohen & Steers Quality IncomeRlty Fd IncSymbol: Rqi P 2016-10-31 2018-01-08
41.2872 Cohen & Steers Quality IncomeRlty Fd IncSymbol: Rqi P 2016-11-30 2018-01-08
0.4471 Cohen & Steers Quality IncomeRlty Fd IncSymbol: Rqi P 2016-11-30 2018-01-08
110 First Trust EtfDow Jones Internet Index FundSymbol: Fdn P 2015-11-20 2018-01-08
1203 Global X FundsGlobal X Lithium & BatterySymbol: Lit P 2016-06-10 2018-06-25
397.3531 Ishares Core High Dividend EtfSymbol: Hdv P 2016-04-05 2018-01-08
16.6469 Ishares Core High Dividend EtfSymbol: Hdv P 2016-06-10 2018-01-08
353 Johnson & JohnsonSymbol: Jnj P 2003-06-27 2018-01-08
13000 Merrill Lynch & CompanyWr/NrOriginal Cost:13,208.78Premium Amortized:208.78 P 2002-01-25 2018-07-16
4329.218 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2016-06-10 2018-06-25
17.416 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2016-07-01 2018-06-25
26.174 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2016-08-01 2018-06-25
22.623 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2016-09-01 2018-06-25
19.457 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2016-10-03 2018-06-25
21.124 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2016-11-01 2018-06-25
20.602 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2016-12-01 2018-06-25
188.945 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2016-12-13 2018-06-25
21.97 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2016-12-13 2018-06-25
23.812 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2017-01-03 2018-06-25
24.264 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2017-02-01 2018-06-25
23.641 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2017-03-01 2018-06-25
24.413 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2017-04-03 2018-06-25
13.367 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2017-05-01 2018-06-25
8.774 Metropolitan West FdsTotal Return Bd Fd Cl ISymbol: Mwtix P 2017-06-01 2018-06-25
582.615 Mfs Ser Tr XMfs Intl Intrinsic Value Fd ISymbol: Minix P 2016-06-10 2018-10-22
5827.355 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2014-05-20 2018-06-25
12.797 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2014-06-02 2018-06-25
34.134 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2014-07-01 2018-06-25
34.353 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2014-08-01 2018-06-25
34.286 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2014-09-02 2018-06-25
34.704 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2014-10-01 2018-06-25
34.559 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2014-11-03 2018-06-25
2335.057 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2014-11-13 2018-06-25
1626.908 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2014-11-13 2018-09-12
45.117 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2014-12-01 2018-09-12
3.625 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2014-12-11 2018-09-12
24.181 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2014-12-11 2018-09-12
104.472 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2014-12-30 2018-09-12
53.555 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-01-02 2018-09-12
54.473 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-02-02 2018-09-12
54.263 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-03-02 2018-09-12
54.414 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-04-01 2018-09-12
54.435 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-05-01 2018-09-12
6356.26 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-05-19 2018-09-12
5105.157 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-05-19 2018-10-22
88.329 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-06-01 2018-10-22
143.765 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-07-01 2018-10-22
144.293 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-08-03 2018-10-22
146.705 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-09-01 2018-10-22
148.936 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-10-01 2018-10-22
148.25 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-11-02 2018-10-22
149.532 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-12-01 2018-10-22
29.633 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-12-17 2018-10-22
707.31 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-12-30 2018-10-22
156.173 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2016-01-04 2018-10-22
160.296 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2016-02-01 2018-10-22
162.556 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2016-03-01 2018-10-22
160.975 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2016-04-01 2018-10-22
160.624 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2016-05-02 2018-10-22
160.956 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2016-06-01 2018-10-22
161.541 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2016-07-01 2018-10-22
161.077 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2016-08-01 2018-10-22
152.536 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2016-09-01 2018-10-22
151.983 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2016-10-03 2018-10-22
152.667 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2016-11-01 2018-10-22
154.253 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2016-12-01 2018-10-22
154.055 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2017-01-03 2018-10-22
154.104 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2017-02-01 2018-10-22
153.659 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2017-03-01 2018-10-22
153.838 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2017-04-03 2018-10-22
154.148 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2017-05-01 2018-10-22
153.949 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2017-06-01 2018-10-22
154.507 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2017-07-03 2018-10-22
154.94 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2017-08-01 2018-10-22
154.875 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2017-09-01 2018-10-22
155.424 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2017-10-02 2018-10-22
187.699 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2018-06-01 2018-10-22
181.993 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2018-07-02 2018-10-22
169.189 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2018-09-04 2018-10-22
116.284 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2018-10-01 2018-10-22
8602.788 Pimco FdsIncome Fd Cl I 2Symbol: Ponpx P 2015-05-19 2018-10-22
719 Robo Global Robotics AndAutomation Index EtfSymbol: Robo P 2017-05-25 2018-10-22
189 Select Sector Spdr TrustThe Technology Select SectorSymbol: Xlk P 2016-04-05 2018-01-08
330 Vaneck Vectors Etf TrSemiconductor EtfSymbol: Smh P 2017-02-15 2018-09-12
300 Wisdomtree TrEurope Hedged Equity FundSymbol: Hedj P 2016-12-09 2018-01-08
946.7748 Wisdomtree TrustWisdomtree U S SmallcapSymbol: Des P 2015-01-07 2018-01-08
261.2252 Wisdomtree TrustWisdomtree U S SmallcapSymbol: Des P 2015-10-26 2018-01-08
770.4094 Wisdomtree TrustWisdomtree U S Midcap DividendSymbol: Don P 2015-01-07 2018-01-08
211.5906 Wisdomtree TrustWisdomtree U S Midcap DividendSymbol: Don P 2015-10-26 2018-01-08
(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 24,359   25,089 -730
b 32,815   35,974 -3,159
c 15,422   24,769 -9,347
d 138   220 -82
e 51,239   56,887 -5,648
38,327   45,062 -6,735
43,874   50,000 -6,126
44,492   50,047 -5,555
85   87 -2
88   91 -3
90   94 -4
82   85 -3
19,231   19,750 -519
104   107 -3
128   132 -4
134   137 -3
130   132 -2
126   127 -1
152   154 -2
153   153  
160   161 -1
54,294   57,000 -2,706
1,902   2,000 -98
2,096   2,201 -105
2,109   2,210 -101
2,134   2,220 -86
2,162   2,230 -68
2,172   2,240 -68
2,201   2,250 -49
1,801   1,825 -24
60,000   60,000  
18,605   20,015 -1,410
72,936   74,750 -1,814
33   34 -1
139   143 -4
142   146 -4
144   146 -2
151   152 -1
153   154 -1
160   160  
159   160 -1
763   763  
16,708   20,280 -3,572
17,431   16,689 742
12,891   11,985 906
13,417   12,770 647
2,487   2,755 -268
618   668 -50
598   671 -73
249   283 -34
256   284 -28
242   286 -44
242   287 -45
237   288 -51
290   350 -60
166   177 -11
13,832   14,973 -1,141
164   178 -14
231   254 -23
5,526   6,065 -539
296   285 11
300   287 13
300   289 11
288   290 -2
284   292 -8
325   293 32
296   353 -57
19   22 -3
52,161   50,046 2,115
21,661   24,913 -3,252
493   476 17
513   474 39
6   5 1
12,543   8,445 4,098
39,257   30,055 9,202
36,024   31,000 5,024
1,509   1,351 158
50,005   22,938 27,067
13,000   13,000  
44,894   47,275 -2,381
181   191 -10
271   289 -18
235   250 -15
202   214 -12
219   231 -12
214   220 -6
1,959   1,984 -25
228   231 -3
247   251 -4
252   256 -4
245   259 -14
253   267 -14
139   145 -6
91   94 -3
25,000   21,545 3,455
69,812   72,926 -3,114
153   161 -8
409   431 -22
412   433 -21
411   435 -24
416   436 -20
414   436 -22
27,974   29,283 -1,309
19,295   20,208 -913
535   568 -33
43   45 -2
287   299 -12
1,239   1,280 -41
635   656 -21
646   665 -19
644   667 -23
645   670 -25
646   673 -27
75,385   78,695 -3,310
60,445   63,205 -2,760
1,046   1,096 -50
1,702   1,766 -64
1,708   1,773 -65
1,737   1,781 -44
1,763   1,789 -26
1,755   1,797 -42
1,770   1,805 -35
351   353 -2
8,375   8,255 120
1,849   1,820 29
1,898   1,864 34
1,925   1,873 52
1,906   1,882 24
1,902   1,891 11
1,906   1,899 7
1,913   1,908 5
1,907   2,025 -118
1,806   1,922 -116
1,799   1,821 -22
1,808   1,829 -21
1,826   1,837 -11
1,824   1,846 -22
1,825   1,858 -33
1,819   1,871 -52
1,821   1,883 -62
1,825   1,891 -66
1,823   1,900 -77
1,829   1,908 -79
1,834   1,917 -83
1,834   1,925 -91
1,840   1,933 -93
2,222   2,367 -145
2,155   2,286 -131
2,003   2,132 -129
1,377   1,462 -85
101,857   106,509 -4,652
26,701   24,985 1,716
12,565   8,363 4,202
34,239   25,053 9,186
19,731   16,929 2,802
27,459   21,681 5,778
7,576   5,858 1,718
27,423   21,135 6,288
7,532   5,820 1,712
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       -730
b       -3,159
c       -9,347
d       -82
e       -5,648
      -6,735
      -6,126
      -5,555
      -2
      -3
      -4
      -3
      -519
      -3
      -4
      -3
      -2
      -1
      -2
       
      -1
      -2,706
      -98
      -105
      -101
      -86
      -68
      -68
      -49
      -24
       
      -1,410
      -1,814
      -1
      -4
      -4
      -2
      -1
      -1
       
      -1
       
      -3,572
      742
      906
      647
      -268
      -50
      -73
      -34
      -28
      -44
      -45
      -51
      -60
      -11
      -1,141
      -14
      -23
      -539
      11
      13
      11
      -2
      -8
      32
      -57
      -3
      2,115
      -3,252
      17
      39
      1
      4,098
      9,202
      5,024
      158
      27,067
       
      -2,381
      -10
      -18
      -15
      -12
      -12
      -6
      -25
      -3
      -4
      -4
      -14
      -14
      -6
      -3
      3,455
      -3,114
      -8
      -22
      -21
      -24
      -20
      -22
      -1,309
      -913
      -33
      -2
      -12
      -41
      -21
      -19
      -23
      -25
      -27
      -3,310
      -2,760
      -50
      -64
      -65
      -44
      -26
      -42
      -35
      -2
      120
      29
      34
      52
      24
      11
      7
      5
      -118
      -116
      -22
      -21
      -11
      -22
      -33
      -52
      -62
      -66
      -77
      -79
      -83
      -91
      -93
      -145
      -131
      -129
      -85
      -4,652
      1,716
      4,202
      9,186
      2,802
      5,778
      1,718
      6,288
      1,712
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 12,806
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 -46,239
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 116,269 2,589,827 0.04490
2016 115,640 2,384,134 0.04850
2015 135,234 2,676,187 0.05053
2014 142,263 2,789,776 0.05099
2013 137,773 2,827,545 0.04873
2
Total of line 1, column (d) .....................
2
0.243650
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
0.048730
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
2,674,776
5
Multiply line 4 by line 3......................
5
130,342
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
887
7
Add lines 5 and 6........................
7
131,229
8
Enter qualifying distributions from Part XII, line 4,.............
8
127,099
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 1,773
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  
3 Add lines 1 and 2........................... 3 1,773
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,773
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 107
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 1,400
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,507
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 56
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 322
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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
 
No
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
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    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 ofbulletDAVID L ORENSTEIN Telephone no.bullet (413) 447-1900

    Located atbullet150 PITTSFIELD ROADLENOXMA ZIP+4bullet01240
    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
     
    No
    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
     
    No
    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
     
    No
    .........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
     
    No
    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
    PETER GALE Vice President
    0.50     		0    
    214 DAWSON ROAD
    HILLSDALE,NY12529
    LYNN GALE President
    0.50     		0    
    8167 NICE WAY
    SARASOTA,FL34238
    BARBARA MAISEL SECY/TREAS
    0.50     		0    
    4894 bradshaw COURT
    SAN DIEGO,CA92140
    DAVID L ORENSTEIN CPA
    0.00     		0    
    75 NORTH STREET
    PITTSFIELD,MA01201
    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  
    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
    DAVID L ORENSTEIN CPA ACCOUNTING 6,147
    150 PITTSFIELD ROAD
    LENOX,MA01240
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    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.........................bullet  
    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
    2,674,175
    b
    Average of monthly cash balances.......................
    1b
    41,334
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,715,509
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,715,509
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    40,733
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,674,776
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    133,739
    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
    133,739
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    1,773
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,773
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    131,966
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    131,966
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    131,966
    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
    127,099
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    127,099
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    127,099
    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 7 131,966
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 124,792
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 127,099
    a Applied to 2017, but not more than line 2a 124,792
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 2,307
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2018.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		129,659
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018....  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    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
    HAWTHORNE VALLEY ASSOCIATION
    327 ROUTE 21C
    GHENT,NY12075     		NONE exempt SCHOLARSHIP FUND, TUITION & FACULTY ASSISTANCE 9,500
    BERKSHIRE PULSE
    420 PARK STREET BOX 37
    HOUSATONIC,MA01236     		NONE exempt CULTURAL ACTIVITIES 3,000
    HEVREH OF SOUTHERN BERKSHIRE
    PO BOX 912
    GREAT BARRINGTON,MA01230     		NONE exempt RELIGIOUS ACTIVITES 10,000
    JEWISH FEDERATION OF THE BERKSHIRES
    196 SOUTH STREET
    PITTSFIELD,MA01201     		NONE exempt RELIGIOUS ACTIVITIES 5,000
    THE ARC OF SAN DIEGO
    9575 AERO DRIVE
    SAN DIEGO,CA92123     		NONE exempt SERVICES FOR MENTALLY DISABLED 2,000
    TRUSTEES OF GRINNELL COLLEGE
    733 BROAD STREET
    GRINELL,IA50112     		NONE exempt EDUCATION 20,000
    HELEN WOODWARD ANIMAL CENTER
    PO BOX 64
    RANCHO SANTA FE,CA92067     		NONE exempt ANIMAL SERVICES 2,000
    MAMA'S KITCHEN
    1875 SECOND AVENUE
    SAN DIEGO,CA92101     		NONE exempt FOOD SERVICE 4,500
    ACLU FOUNDATION INC
    125 BROAD STREET - 18TH FLOOR
    NEW YORK,NY10004     		NONE exempt PROTECT CIVIL LIBERTIES 5,000
    MARCH OF DIMES
    515 MADISON AVENUE 20TH FLOOR
    NEW YORK,NY10022     		NONE exempt HEALTH SERVICES 2,000
    MINIATURE SCHNAUZER FRIENDS RESCUE
    1540 STEINHART AVENUE
    REDONDO BEACH,CA90278     		NONE exempt ANIMAL RESCUE 5,000
    WILDLIFE CENTER OF VENICE INC
    3252 BORDER ROAD
    VENICE,FL34292     		NONE exempt ANIMAL RESCUE & REHAB 2,000
    NEURO CHALLENGE FOUNDATION
    5602 MARQUESAS CIRCLE - STE 211
    SARASOTA,FL34233     		NONE exempt MEDICAL SERVICES FOR PARKINSONS DISEASE 11,000
    CAMPHILL GHENT
    2542 ROUTE 66
    CHATHAM,NY12037     		NONE EXEMPT SUPPORT ELDERLY ASSISTED LIVING 1,000
    UNIVERSITY OF SOUTH FLORIDA FOUNDAT
    4001 E FLETCHER AVENUE 6TH FL
    TAMPA,FL33613     		NONE EXEMPT FURTHERANCE OF EDUCATION 10,000
    SAN DIEGO LGBT COMMUNITY CENTER
    3909 CENTRE STREET
    SAN DIEGO,CA92103     		NONE EXEMPT SUPPORT HEALTH & WELL BEING OF LOCAL LGBT COMMUNITY 2,500
    FOUNDATION FOR ANIMAL CARE EDUCATIO
    10455 SORRENTO VALLEY ROAD
    SAN DIEGO,CA92121     		NONE EXEMPT PROVIDE FINANCIAL ASSISTANCE FOR EMERGENCY VETERINARY CARE FOR ANIMAL OWNERS UABLE TO AFFORD 5,000
    THE WILDLIFE CENTER OF VENICE INC
    3242 BORDER ROAD
    VENICE,FL34292     		NONE EXEMPT SUPPORT REHABILITATION OF ENDNAGERED ANIMALS 2,000
    CONCORDIA UNIV FNDTN DE L'UNIVERSIT
    1455 DE MAISONNEUVE BLVD W EV571
    MONTREAL,QUEBECH3 1M8
    CA     		NONE EXEMPT EDUCATIONAL SUPPORT 6,500
    CHILDREN FIRST INC
    1723 N ORANGE AVENUE
    SARASOTA,FL34234     		NONE PC PROMOTE EARLY CHILDHOOD EDUCATION AND DEVELOPMENT 4,000
    UNIVERSITY OF LOUISVILLE
    2301 S 3RD STREET
    LOUISVILLE,KY40292     		NONE PC PROMOTE HIGHER EDUCATION 1,000
    TREASURE VILLAGE MONTESSORI SCHOOL
    86731 OVERSEAS HWY
    ISLAMORADA,FL33036     		NONE PC PROMOTE PUBLIC EDUCATION 1,000
    DOUG VARONE DANCERS
    260 W BROADWAY
    NEW YORK,NY10013     		NONE PC TRAIN DANCERS AND CHOREOGRAPHERS AND PROMOTE THE ART OF DANCE. 1,000
    CONGREGATION L'DOR V'DOR
    9804 S MILITARY TRAIL
    BOYNTON BEACH,FL33436     		NONE PC SUPPORT INTERFAITH UNDERSTANDING & COOPERATION 2,000
    MEMORIAL SLOANE KETTERING
    1275 YORK AVENUE
    NEW YORK,NY10065     		NONE PC SUPPORT RESEARCH AND FURTHER DEVELOP NEW TREAMENTS FOR CANCER 5,000
    GREENWOOD WILDLIFE REHAB
    5761 UTE HIGHWAY
    LONGMONT,CO80503     		NONE PC SUPPORT REHABILITATION AND RELEASE ORPHANED, INJURED AND SICK WILDLIFE 1,000
    FRIENDS OF WFP
    1725 EYE STREET NW
    WASHINGTON,DC20006     		NONE PC FIGHT HUNGER AND PROMOTE WORLF FOOD SECURITY. 600
    BACKYARD BOUNTY OF THE BERKSHIRES
    353 MAIN STREET
    GREAT BARRINGTON,MA01230     		NONE PC collect bumper crops of fruit that ARE distributed to the hungry IN BERKSHORE COUNTY, MA. 600
    THE TREVOR PROJECT
    8704 SANTA MONICA BOULEVARD
    WEST HOLLYWOOD,CA90069     		NONE PC SEEK to PREVENT AND end suicide among gay, lesbian, bisexual, transgender, queer & questioning young people. 600
    Total .................................bullet 3a 124,800
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 103,257  
    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 ............     		        12,806
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   103,257 12,806
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    116,063
    (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: 18007218
    Software Version: 2018v3.1


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    BULOVA GALE FOUNDATION
    EIN:
    13-3866091
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    david l orenstein cpa 6,148 4,099 0 2,049

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    BULOVA GALE FOUNDATION
    EIN:
    13-3866091
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    IBM 6.5% 1/28 13,510 15,237
    MERRILL LYNCH 6.5% 01/28    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    BULOVA GALE FOUNDATION
    EIN:
    13-3866091
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BLACKSTONE GROUP 46,566 49,991
    JOHNSON & JOHNSON 24,709 44,611
    APPLE INC. 42,155 58,526
    BERKSHIRE HILLS BANCORP 34,129 34,274
    AIR LEASE CORP CL A 25,021 20,180
    ANALOG DEVICES INC 25,000 26,006
    CARLYLE GROUP LP 24,928 16,616
    CITIGROUP 25,017 17,440
    DOMINION ENERGY    
    DOW DUPONT    
    UNIVERSAL DISPLAY    
    W P CAREY INC 25,001 23,718
    GLAXOSMITHKLINE 25,021 25,639

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    BULOVA GALE FOUNDATION
    EIN:
    13-3866091
    Software ID:
    18007218
    Software Version:
    2018v3.1
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

     
    State & Local Government Securities - End of Year Book Value:


    8,405
    State & Local Government Securities - End of Year Fair Market Value:


    9,690


    TY 2018 InvestmentsOtherSchedule2
    Name:
    BULOVA GALE FOUNDATION
    EIN:
    13-3866091
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    COHEN & STEERS QUAL INC REALTY AT COST    
    BLACKROCK HEALTH SCIENCES OPPORTUNITIES AT COST 101,930 103,519
    BLACKROCK HEALTH SCIENCES TR AT COST    
    PIMCO FDS INCOME CL P AT COST    
    WISDOMTREE EUROPE HEDGED EQUITY AT COST    
    WISDOMTREE US MID CAP DIVIDEND AT COST 41,346 44,152
    COHEN & STEERS INFRASTRUCTURE FUND AT COST 50,744 44,679
    SALIENT MLP & ENERGY INFRASTRUCTURE FUND AT COST 68,733 48,114
    FIRST TRUST ETF DOW JONES INTERNET AT COST 41,979 59,147
    FIRST TRUST ETF NYSE ARCA BIOTECH AT COST 25,480 27,572
    ISHARES CORE HIGH DIVIDEND ETF AT COST 49,938 51,907
    BROOKFIELD INFRASTRUCTURE PARTNERS AT COST 47,973 59,880
    FUNDVANTAGE TR POLEN GROWTH AT COST 89,426 106,051
    MFS SER TR X INTL VAL FD AT COST 22,679 23,816
    SELECT SECTOR SPDR TECHNOLOGY AT COST 50,974 60,740
    FINANCIAL INVS TR EMERALD BANKING AT COST 55,107 41,133
    GLOBAL X LITHIUM ETF AT COST    
    METROPOLITAN WEST FDS TOTAL RETURN AT COST    
    PUTNAM GLOBAL INDUSTRIALS AT COST 58,378 54,020
    WISDOMTREE TR US SMALL CAP DIVIDEND AT COST 41,403 40,882
    ETF MGRS TRUST PRIME MOBILE AT COST 69,757 68,083
    FUNDAMENTAL INVESTMENT INC CL F2 AT COST 60,947 55,697
    VAN ECK VECTORS ETF SEMI CONDUCTORS AT COST    
    BLUESTAR TA BIGITECH ISRAEL TECH AT COST 50,076 58,554
    BROOKFIELD RENEWALE PTRS AT COST 24,923 20,409
    FIRST TRUST ALPHADEX FD II DEV MKTS AT COST    
    PIMCO MTGE OPPORTNITIES FD AT COST 49,898 48,918
    ROBO GLOBAL ROBOTICS/AUTOMATION IND ETF AT COST    
    TIAA CREF SOCIAL CHOICE BD FD RETIREMENT AT COST    
    SELECT SECTOR SPDR FINANCIAL FD AT COST 42,536 41,304
    ISHARES SELECT DIVIDEND ETF AT COST 50,059 46,173
    ISHARESEDGE MSCI USA MOMENTUM AT COST 74,850 68,557
    ISHARES US HEALTHCARE PROVIDERS AT COST 22,603 19,492
    ISHARES US MEDICAL DEVICES AT COST 22,643 21,779
    ISHARES GLOBAL ENERGY ETF AT COST 50,000 39,857
    UIT FT IMAGINE 2025 PORTFOLIO AT COST 51,127 43,577
    WISDOMTREE INT'L SMALLCAP DIVIDEND AT COST 35,046 26,842
    WISDOMTREE INT'L MIDCAP DIVID3END ETF AT COST 35,048 28,091
    LORD ABBETT SHORT DURATION INCOME AT COST 185,647 183,888
    NATRIXIS FDS LOOMIS SALES FLTG RATE AT COST 103,081 98,198
    PIMCO FDS PFD & cAP SECURITIES CL 12 AT COST 102,889 95,561
    PIMCO LOW DURATION INCOME AT COST 200,758 199,343
    PUTNAM RFDS TR SHORT DURATION AT COST 109,783 109,456

    TY 2018 OtherExpensesSchedule
    Name:
    BULOVA GALE FOUNDATION
    EIN:
    13-3866091
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ny atty general filing fee 250     250


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    BULOVA GALE FOUNDATION
    EIN:
    13-3866091
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    investment management fees 21,910 21,910 0 0


    TY 2018 TaxesSchedule
    Name:
    BULOVA GALE FOUNDATION
    EIN:
    13-3866091
    Software ID:
    18007218
    Software Version:
    2018v3.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE 1,300 1,300    
    FOREIGN TAXES WITHHELD 99 99