TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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 09-01-2018 , and ending 08-31-2019

Name of foundation
PHILIP AND JANICE LEVIN FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)975 US HIGHWAY 22 WEST
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
NORTH PLAINFIELD, NJ07060

A Employer identification number

22-6075837

B Telephone number (see instructions)

(908) 755-2401

C If exemption application is pending, check here bullet

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

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

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

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

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

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

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

$24,688,560J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	3		3
4	Dividends and interest from securities...	485,032		485,032
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		584,941
b	Gross sales price for all assets on line 6a 7,707,357
7	Capital gain net income (from Part IV, line 2)...			584,941
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		3,078	3,078
12	Total. Add lines 1 through 11........	1,073,054		1,073,054
13	Compensation of officers, directors, trustees, etc.	0		0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		10,518	0	0
c	Other professional fees (attach schedule)....		177,825	127,825	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		18,905	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		-12,813	0	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	194,435		127,825	0
25	Contributions, gifts, grants paid.......	4,366,137			2,152,637
26	Total expenses and disbursements. Add lines 24 and 25	4,560,572		127,825	2,152,637
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-3,487,518
b	Net investment income (if negative, enter -0-)			945,229
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	32,388	182,314	182,314
	2	Savings and temporary cash investments.........	323,361	551,463	551,463
	3	Accounts receivable 12,292
		Less: allowance for doubtful accounts	16,826	12,292	12,292
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........		7,070	7,070
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	11,920,000	14,191,519	17,239,173
	c	Investments—corporate bonds (attach schedule).......	1,663,556	1,459,824	1,488,667
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	8,170,136	4,287,660	5,207,581
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	22,126,267	20,692,142	24,688,560
	17	Accounts payable and accrued expenses..........	13,677	10,500
	18	Grants payable.................	5,488,968	7,528,754
	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 )
	23	Total liabilities (add lines 17 through 22).........	5,502,645	7,539,254
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................	16,623,622	13,152,888
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		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).....	16,623,622	13,152,888
	31	Total liabilities and net assets/fund balances (see instructions).	22,126,267	20,692,142

Part III

Analysis of Changes in Net Assets or Fund Balances

Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............

16,623,622

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

-3,487,518

Other increases not included in line 2 (itemize) bullet

16,784

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

13,152,888

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

13,152,888

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	ALL PUBLICLY TRADED SECURITIES
b
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	7,707,357	7,122,416	584,941
b
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			584,941
b
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	584,941
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.

(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2017	2,953,913	26,292,213	0.112349
2016	3,038,026	26,785,702	0.113420
2015	2,875,820	28,158,189	0.102131
2014	2,153,284	30,611,032	0.070343
2013	2,479,983	31,693,495	0.078249

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

0.476492

Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......

0.095298

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

25,216,989

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

2,403,129

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

9,452

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

2,412,581

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

2,152,637

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)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	18,905
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	18,905
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	18,905
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	26,000
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	26,000
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	25
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	7,070
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax7,070	Refunded	11	0

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

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

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

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

on foundation managers. bullet

$ 0

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

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

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

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

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

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

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

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

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

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation . Click to see attachment

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

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

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

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement. See instructions.................

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

Yes

Website address bullet

N/A

The books are in care of bullet

THE FOUNDATION Telephone no. bullet

(908) 755-2401

Located at bullet

975 US HIGHWAY 22 WESTNORTH PLAINFIELDNJ ZIP+4 bullet

07060

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here ......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ........ bullet

16 At any time during calendar year 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

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

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

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

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

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

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?...............YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).......YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........

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

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2018?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2018, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2018?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

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

20, 20, 20, 20

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

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

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

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

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?

Form 990-PF (2018)

Page 6

Part VII-B

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

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

Yes

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

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

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

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

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

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

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

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

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......

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

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?..........YesNo

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

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

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

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

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

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

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

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .................YesNo

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation. See instructions

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
ADAM LEVIN	PRESIDENT 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	PRESIDENT 1.00	0	0	0
WILLIAM FARBER	V. PRESIDENT 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	V. PRESIDENT 1.00	0	0	0
ARIELLE TEPPER MADOVER	V. PRESIDENT 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	V. PRESIDENT 1.00	0	0	0
MAUREEN MOONEY	SECRETARY 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	SECRETARY 1.00	0	0	0
MATTHEW K HARDING	V. PRESIDENT 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	V. PRESIDENT 1.00	0	0	0
STACY A GARRITY	ASSISTANT SECRETARY 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	ASSISTANT SECRETARY 1.00	0	0	0
PAUL TAVAGLIONE	TREASURER 1.00	0	0	0
975 US HIGHWAY 22 WEST N PLAINFIELD,NJ07060	TREASURER 1.00	0	0	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2018)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. 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)

Page 8

Part X

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

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

purposes:

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

25,038,147

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

544,763

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

18,094

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

25,601,004

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

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

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

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

25,601,004

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

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

384,015

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

25,216,989

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

1,260,849

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.)

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

1,260,849

Tax on investment income for 2018 from Part VI, line 5......

18,905

Income tax for 2018. (This does not include the tax from Part VI.)...

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

18,905

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

1,241,944

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

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

1,241,944

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

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

1,241,944

Part XII

Qualifying Distributions (see instructions)

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

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

2,152,637

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

2,152,637

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

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

2,152,637

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)

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					1,241,944
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......	926,009
b From 2014......	653,744
c From 2015......	1,487,065
d From 2016......	1,717,529
e From 2017......	1,678,976
fTotal of lines 3a through e........		6,463,323
4Qualifying distributions for 2018 from Part
XII, line 4: $ 2,152,637
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.....					1,241,944
e Remaining amount distributed out of corpus		910,693
5 Excess distributions carryover applied to 2018.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		7,374,016
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) ...		926,009
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		6,448,007
10 Analysis of line 9:
a Excess from 2014....	653,744
b Excess from 2015....	1,487,065
c Excess from 2016....	1,717,529
d Excess from 2017....	1,678,976
e Excess from 2018....	910,693

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 section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2018	(b) 2017	(c) 2016	(d) 2015	(e) Total

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

Part XV

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

1Information Regarding Foundation Managers:

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

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

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

Check here bullet

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

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

PHILIP JANICE LEVIN FOUNDATION
975 US HIGHWAY 22 WEST
NORTH PLAINFIELD,NJ07060
(908) 755-2401

bThe form in which applications should be submitted and information and materials they should include:

BY LETTER ONLY

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

NONE

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
THE PUBLIC THEATER 425 LAFAYETTE AVENUE NEW YORK,NY10003	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	650,000
NYU LANGONE MEDICAL CTR ONE PARK AVENUE 5TH FLOOR NEW YORK,NY10016	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	300,000
RUTGERS UNIVERSITY 7 COLLEGE AVENUE NEW BRUNSWICK,NJ08901	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	200,000
THIRTEENWNET 450 WEST 33RD STREET NEW YORK,NY10001	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	200,000
WHITNEY MUSEUM OF AMERICAN ART 945 MADISON AVENUE NEW YORK,NY10021	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	155,000
MEDIA MATTERS FOR AMERICA 455 MASSACHUSETTS AVENUE SUITE 600 WASHINGTON,DC20001	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	100,000
CHILDREN OF THE FALLEN PATRIOTS FOUNDATION 419 THIRD STREET NORTH JACKSONVILLE BEACH,FL32250	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	65,000
LUZERNE MUSIC CENTER PO BOX 39 LAKE LUZERNE,NY12846	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	54,000
CHILDREN'S CANCER & BLOOD FOUNDATION 333 EAST 38TH STREET SUITE 830 NEW YORK,NY10016	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	50,000
NY PRESBYTERIAN FUND 850 THIRD AVENUE NEW YORK,NY10022	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	50,000
TEL AVIV-YAFO FOUNDATION 1201 BROADWAY NEW YORK,NY10001	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	50,000
UGA FOUNDATION 394 S MILLEDGE AVENUE ATHENS,GA30602	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	35,000
HARVARD UNIVERSITY 124 MT AUBURN STREET CAMBRIDGE,MA02138	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	25,000
IDENTITY THEFT - RESOURCE CENTER INC PO BOX 26833 SAN DIEGO,CA92196	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	25,000
RIVERVIEW MEDICAL CENTER FOUNDATION 1340 CAMPUS PARKWAY NEPTUNE,NJ07753	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	25,000
FRIENDS OF THE HIGHLINE 529 WEST 20TH STREET SUITE 8W NEW YORK,NY10011	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	22,600
CITY MEALS ON WHEELS 355 LEXINGTON AVENUE NEW YORK,NY10017	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	20,000
COMMON CAUSE EDUCATION FUND 1133 19TH STREET NW 9TH FL WAHSHINGTON,DC20036	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	20,000
GABRIELLE'S ANGEL FOUNDATION FOR CANCER RESEARCH 136 EAST 57TH STREET SUITE 1704 NEW YORK,NY10022	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	17,500
MS HOPE FOR A CURE 2250 BROADWAY 15D NEW YORK,NY10024	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	15,000
DEMOS DEVELOPMENT 220 FIFTH AVENUE NEW YORK,NY10001	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	10,000
GOD'S LOVE WE DELIVER 166 AVENUE OF AMERICA NEW YORK,NY10013	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	10,000
NEW YORK CARES 65 BROADWAY NEW YORK,NY10006	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	10,000
THE STATUE OF LIBERTY ELLIS ISLAND FOUNDATION 17 BATTERY PL STE 210 NEW YORK,NY10004	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	10,000
BROOKLYN ACADEMY OF MUSIC 30 LAFAYETTE AVE BROOKLYN,NY11217	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	8,986
FULFILL 3300 ROUTE 66 NEPTUNE,NJ07753	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	5,000
HAND IN HAND 9 WEST END COURT LONG BRANCH,NJ07740	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	5,000
NATIONAL CONSUMER'S LEAGUE 1701 K STREET NW SUITE 1200 WASHINGTON,DC20006	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	5,000
NORTHERN NEW JERSEY COUNCIL C/O BLDG CONNECTIONS 25 RAMAPO VALLEY ROAD OAKLAND,NJ07436	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	5,000
SECOND CHANCE RESCUE PO BOX 570701 WHITESTONE,NY11357	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	4,000
NPHS 34 WILSON AVE NORTH PLAINFIELD,NJ07060	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	500
E DIGITAL GRAPHICS 326 ROUTE 22 WEST GREEN BROOK,NJ08812	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	51
Total ................................. 3a				2,152,637

bApproved for future payment
THE PUBLIC THEATER 425 LAFAYETTE AVENUE NEW YORK,NY10003	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	4,000,000
NYU SCHOOL OF MEDICINE 550 1ST AVENUE NEW YORK,NY10016	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	2,250,000
THIRTEENWNET 450 WEST 33RD STREET NEW YORK,NY10001	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	375,000
RUTGERS UNIVERSITY 7 COLLEGE AVENUE NEW BRUNSWICK,NJ08901	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	300,000
RUTGERS UNIVERSITY 7 COLLEGE AVENUE NEW BRUNSWICK,NJ08901	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	300,000
NY PRESBYTERIAN FUND 850 THIRD AVENUE NEW YORK,NY10022	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	285,000
TEL AVIV-YAFO FOUNDATION 1201 BROADWAY NEW YORK,NY10001	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	225,000
LUZERNE MUSIC CENTER PO BOX 39 LAKE LUZERNE,NY12846	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	200,000
WHITNEY MUSEUM OF AMERICAN ART 945 MADISON AVENUE NEW YORK,NY10021	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	50,000
HARVARD UNIVERSITY 124 MT AUBURN STREET CAMBRIDGE,MA02138	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	25,000
COMMON CAUSE EDUCATION FUND 1133 19TH STREET NW 9TH FL WAHSHINGTON,DC20036	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	20,000
DEMOS DEVELOPMENT 220 FIFTH AVENUE NEW YORK,NY10001	NONE	PUBLIC CHARITY	GENERAL CONTRIBUTION	10,000
Total ................................. 3b				8,040,000

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........			14	3
4 Dividends and interest from securities....			14	485,032
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income.....			14	3,078
8 Gain or (loss) from sales of assets other than inventory ............			18	584,941
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		1,073,054	0

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

1,073,054

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)

Form 990-PF (2018)

Page 13

Part XVII

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

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Yes

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........Yes No

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

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

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2018 AccountingFeesSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING FEES	10,518	0		0

- TIN:

TY 2018 ExplnOfNonFilingWithAGStmt

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Statement:

THE FOUNDATION IS EXEMPT FROM REGISTRATION IN THE STATE OF NEW JERSEY.

- TIN:

TY 2018 InvestmentsCorpBondsSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Name of Bond	End of Year Book Value	End of Year Fair Market Value
GS HIGH YIELD FUND CLASS P	284,762	283,565
NOVARTIS CAPITAL CORPORATION 3.4% 05/06/2024 USD SR LIEN	50,217	53,358
BANK OF NY MELLON CORP MTN 3.5% 04/28/2023 USD SR LIEN	49,946	52,707
APPLE INC. 2.85% 05/11/2024 USD SR LIEN	49,953	52,058
COSTCO WHOLESALE CORP 2.75% 05/18/2024 USD SR LIEN	50,211	51,929
CANADIAN NATL RAILWAY 2.95% 11/21/2024 USD SR LIEN	50,992	51,906
UNITED PARCEL SERVICE, INC. 2.8% 11/15/2024 USD SR LIEN	49,799	51,848
AMERICAN EXPRESS COMPANY 3.4% 02/27/2023 USD SR LIEN	49,955	52,229
AVALONBAY COMMUNITIES, INC. MTN 2.85% 03/15/2023 USD SR LIEN	50,586	51,467
LOCKHEED MARTIN CORPORATION 3.35% 09/15/2021 USD SR LIEN	50,419	51,348
AMAZON.COM INC 3.3% 12/05/2021 USD SR LIEN	50,481	51,653
THE HOME DEPOT, INC. 2.625% 06/01/2022 USD SR LIEN	49,816	51,199
BB&T CORPORATION MTN 2.75% 04/01/2022 USD SR LIEN	49,907	50,886
CISCO SYSTEMS INC 2.2% 09/20/2023 USD SR LIEN	49,897	50,752
NATIONAL RURAL UTIL COOP MTN 2.3% 09/15/2022 USD SR LIEN	49,990	50,432
S&P GLOBAL INC. 3.3% 08/14/2020 USD SR LIEN	50,213	50,502
MARRIOTT INTERNATIONAL 2.3% 01/15/2022 USD SR LIEN	48,937	50,041
CVS HEALTH CORPORATION 3.7% 03/09/2023 USD SR LIEN	25,340	26,128
NIKE, INC. 2.375% 11/01/2026 USD SR LIEN	24,920	25,715
PNC FINANCIAL SERVICES GROUP, 2.6% 07/23/2026 SR LIEN	24,952	25,526
ANHEUSER-BUSCH INBEV FINANCE INCCOUPON 3.65% MATURE 02/01/2026(D2Z5Y)	48,757	50,455
CANADIAN NATURAL RESOURCES LTDCOUPON 3.45% MATURE 11/15/2021(CNL22)	49,891	52,080
CELGENE CORPCOUPON 3.63% MATURE 05/15/2024(BQL24)	49,266	50,840
DISH DBS CORPCOUPON 5.13% MATURE 05/01/2020(B1P7V)	50,052	50,563
JPMORGAN CHASE & CO FXD TO 082023 VAR THEREAFTER 6.0000%COUPON 6.00% MATU	49,944	51,120
WELLS FARGO & CO FXD TO 032018VAR THRAFTR 6.1802%COUPON 6.18% MATURE 08/30/2	50,621	48,360

- TIN:

TY 2018 InvestmentsCorpStockSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Name of Stock	End of Year Book Value	End of Year Fair Market Value
APPLE INC	460	7,502
ACCENTURE PLC-CL A	1,027	2,576
ADOBE INC.	224	1,992
AUTOMATIC DATA PROCESSING	1,916	2,208
ALLEGION PLC	897	1,348
ALEXION PHARMACEUTICALS INC	943	837
AMAZON.COM INC	1,444	7,105
BROADCOM INC	450	3,957
AMERICAN EXPRESS CO	2,589	2,769
BANK OF AMERICA CORP	1,038	3,026
JPM BETABUILDERS DEVELOPED ASIA EX- JAPAN ETF	88,731	89,632
JPMORGAN BETABUILDERS CANADA ETF	272,341	279,314
JPMORGAN BETABUILDERS EUROPE ETF	178,169	180,260
JPMORGAN BETABUILDERS JAPAN ETF	259,688	258,135
BERKSHIRE HATHAWAY INC-CL B	2,681	3,255
BOSTON SCIENTIFIC CORP	1,403	2,906
CITIGROUP INC	1,376	3,089
CHUBB LTD	902	2,813
CELGENE CORP	3,024	3,872
CHARTER COMMUNICATIONS INC-A	1,586	3,277
SIX CIRCLES INTERNATIONAL UNCONSTRAINED EQUITY FUND	455,648	448,240
COMCAST CORP-CLASS A	2,391	4,116
SALESFORCE.COM INC	1,815	2,341
CORTEVA INC	1,187	1,202
SIX CIRCLES U.S. UNCONSTRAINED EQUITY FUND	908,122	921,486
DUPONT DE NEMOURS INC	1,873	1,562
WALT DISNEY CO/THE	2,316	3,432
ELECTRONIC ARTS INC	2,131	2,061
ISHARES MSCI EAFE INDEX FUND	255,776	269,970
EOG RESOURCES INC	2,208	2,152
DIAMONDBACK ENERGY INC	1,350	1,275
FACEBOOK INC-CLASS A	896	2,228
FIDELITY NATIONAL INFO SERV	1,635	2,997
FISERV INC	4,040	4,812
FIDELITY 500 INDEX FD-AI	1,777,460	2,000,182
GENERAL DYNAMICS CORP	1,727	2,104
ALPHABET INC-CL C	1,423	5,941
ALPHABET INC-CL A	571	2,381
HOME DEPOT INC	541	3,647
HONEYWELL INTERNATIONAL INC	1,090	4,445
INTERCONTINENTAL EXCHANGE IN	637	1,028
ISHARES CORE MSCI EAFE ETF	837,908	801,726
JPM GL RES ENH IDX FD - USD - R6 ISIN US48129C2070	76,316	92,997
KEYCORP	1,011	1,577
COCA-COLA CO/THE	1,470	1,816
LINDE PLC	4,331	4,723
ELI LILLY & CO	1,613	2,485
LOWE'S COS INC	362	2,132
MASTERCARD INC - A	467	5,346
MCDONALD'S CORP	1,609	1,744
MONDELEZ INTERNATIONAL INC-A	998	2,540
MARATHON PETROLEUM CORP	3,307	2,362
MERCK & CO. INC.	2,589	3,286
MORGAN STANLEY	1,582	3,195
MICROSOFT CORP	1,295	11,718
NEXTERA ENERGY INC	1,296	2,191
NETFLIX INC	2,206	1,763
NISOURCE INC	406	1,241
NORTHROP GRUMMAN CORP	1,791	2,943
NORFOLK SOUTHERN CORP	2,205	2,959
NVIDIA CORP	2,215	1,843
NXP SEMICONDUCTORS NV	1,398	1,532
O'REILLY AUTOMOTIVE INC	749	1,151
PEPSICO INC	2,329	3,418
PFIZER INC	3,061	3,306
PROCTER & GAMBLE CO/THE	2,242	2,525
PHILIP MORRIS INTERNATIONAL	1,157	937
PIONEER NATURAL RESOURCES CO	1,636	1,728
PAYPAL HOLDINGS INC	2,163	2,726
QUALCOMM INC	1,038	933
ROSS STORES INC	1,445	1,908
SPDR S&P 500 ETF TRUST	958,705	1,456,401
STANLEY BLACK & DECKER INC	1,346	1,993
TEXAS INSTRUMENTS INC	1,792	3,589
UNITEDHEALTH GROUP INC	902	5,616
UNION PACIFIC CORP	1,725	3,239
UNITED TECHNOLOGIES CORP	1,090	1,172
VISA INC-CLASS A SHARES	1,068	2,531
VERTEX PHARMACEUTICALS INC	191	1,260
WASTE CONNECTIONS INC	798	1,470
WEX INC	640	1,432
WELLS FARGO & CO	858	1,630
YUM! BRANDS INC	910	1,168
ZIMMER BIOMET HOLDINGS INC	2,667	3,341
SPDR S&P 500 ETF TRUST	3,225,374	4,225,903
MICROSOFT CORPORATION CMN	12,398	56,247
MEDTRONIC PUBLIC LIMITED COMPA CMN	42,535	55,563
ALPHABET INC. CMN CLASS C	28,937	53,465
CITIGROUP INC. CMN	42,328	50,129
BERKSHIRE HATHAWAY INC. CLASS B	23,443	43,123
COCA-COLA COMPANY (THE) CMN	33,336	39,959
WELLS FARGO & CO (NEW) CMN	44,860	39,305
AMAZON.COM INC CMN	11,778	37,302
CISCO SYSTEMS, INC. CMN	25,574	36,465
BAXTER INTERNATIONAL INC CMN	28,044	35,972
ALPHABET INC. CMN CLASS A	25,419	29,763
LIBERTY BROADBAND CORPORATION CMN CLASS C	18,156	26,360
MARRIOTT INTERNATIONAL, INC CMN CLASS A	16,251	26,220
VULCAN MATERIALS CO CMN	21,699	25,708
LIBERTY GLOBAL, PLC. CMN CLASS C	22,249	23,508
GENERAL ELECTRIC CO CMN	26,114	23,455
ANALOG DEVICES, INC. CMN	18,481	22,405
COMCAST CORPORATION CMN CLASS A VOTING	16,746	22,041
BERKSHIRE HATHAWAY INC. CLASS B	20,351	21,765
AON PLC CMN	5,212	21,434
INTERCONTINENTAL EXCHANGE INC CMN	17,113	21,033
S&P GLOBAL INC. CMN	14,723	20,555
ARMSTRONG WORLD INDUSTRIES, INC CMN	13,830	19,762
SKYWORKS SOLUTIONS, INC. CMN	22,567	19,420
FACEBOOK, INC. CMN CLASS A	16,255	19,124
BJ'S WHOLESALE CLUB HOLDINGS, CMN	16,782	18,802
MORGAN STANLEY CMN	16,526	18,048
GENERAL MOTORS COMPANY CMN	17,023	17,618
UNITEDHEALTH GROUP INCORPORATE CMN	4,319	17,550
MOTOROLA SOLUTIONS INC CMN	8,108	17,367
ORACLE CORPORATION CMN	14,948	17,180
ELANCO ANIMAL HEALTH INCORPORA CMN	19,832	16,731
ELANCO ANIMAL HEALTH INCORPORA CMN	16,087	14,545
DISH NETWORK CORPORATION CMN CLASS A	20,324	14,263
FISERV, INC. CMN	9,871	14,009
ABBOTT LABORATORIES CMN	10,294	13,992
JPMORGAN CHASE & CO CMN	13,615	13,952
KEYSIGHT TECHNOLOGIES, INC. CMN	11,583	13,270
AIRBUS S.E. ADR CMN	10,244	12,699
LOWES COMPANIES INC CMN	10,103	12,679
SUNTRUST BANKS INC CMN	11,061	11,933
APTIV PLC CMN	12,000	11,810
DANAHER CORPORATION CMN	10,376	11,793
MOHAWK INDUSTRIES INC COMMON STOCK	18,619	11,770
SABRE CORPORATION CMN	11,200	11,418
ALCON, INC. CMN	10,564	11,217
ELECTRONIC ARTS CMN	10,605	10,867
IAA, INC. CMN	7,979	10,552
AERCAP HOLDINGS NV ORD CMN	9,812	10,295
SAFRAN SA SPONSORED ADR CMN	7,873	9,387
UNIVERSAL HEALTH SVC CL B CMN CLASS B	8,207	9,253
EQUIFAX INC. CMN	6,904	9,222
INTL.FLAVORS & FRAGRANCE CMN	10,581	8,890
BECTON, DICKINSON AND COMPANY CMN	8,032	8,887
TRIPADVISOR, INC. CMN	7,032	8,548
FISERV, INC. CMN	5,850	8,341
HILTON WORLDWIDE HOLDINGS INC. CMN	5,678	7,851
ECOLAB INC. CMN	4,430	7,840
UNION PACIFIC CORP. CMN	8,215	7,774
BOSTON SCIENTIFIC CORP. COMMON STOCK	5,597	7,606
SHERWIN-WILLIAMS CO CMN	5,712	7,375
TRADEWEB MARKETS INC CMN	6,017	7,283
FOX CORPORATION CMN CLASS B	8,166	6,658
WESTINGHOUSE AIR BRAKE TECHNOL CMN	6,811	6,644
ELECTRONIC ARTS CMN	7,042	6,558
WORLD WRESTLING ENTERTAINMENT CMN CLASS A	6,055	6,429
GENERAL DYNAMICS CORP. CMN	5,543	5,929
BRUNSWICK CORP. CMN	4,730	4,567
EBAY INC. CMN	3,858	4,512
GENERAL MILLS INC CMN	3,130	4,465
OLD DOMINION FGHT LINES INC CMN	2,832	3,439
CONSTELLATION BRANDS INC CMN CLASS A	2,731	3,270
CHECK POINT SOFTWARE TECH. LTD ORDINARY SHARES	2,955	2,908
PERSPECTA INC. CMN	2,275	2,855
VARONIS SYSTEMS, INC. CMN	2,659	2,664
S&P GLOBAL INC. CMN	1,654	2,602
MOODY'S CORPORATION CMN	1,641	2,587
CROWN HOLDINGS INC CMN	1,588	1,712
KANSAS CITY SOUTHERN CMN	1,385	1,635
HONEYWELL INTL INC CMN	1,171	1,482
COCA-COLA COMPANY (THE) CMN	750	991
BANK OF AMERICA CORP CMN	971	963
OCCIDENTAL PETROLEUM CORP CMN	0	957
BARCLAYS PLC,AMER DEP SHS ADR CMN	1,546	923
WALT DISNEY COMPANY (THE) CMN	328	412
AT&T INC	61,327	67,347
ACTIVISION BLIZZARD INC	57,685	42,251
ALPHABET INC CL C	95,319	154,453
AMGEN INC	76,572	98,051
ANALOG DEVICES INC	80,412	105,986
ANHEUSER BUSCH INBEV SA SPON	52,126	46,211
APPLE INC	64,198	141,734
BERKSHIRE HATHAWAY CL-B NEW	119,464	117,978
BLACKROCK INC	88,386	84,512
BOSTON SCIENTIFIC CORP	67,239	98,706
CISCO SYS INC	108,084	125,919
COMCAST CORP (NEW) CLASS A	70,146	101,178
CORNING INC	59,483	53,611
COSTCO WHOLESALE CORP NEW	53,009	93,439
DIAGEO PLC SPON ADR NEW	104,799	161,688
WALT DISNEY CO HLDG CO	117,473	144,123
EQUINIX INC COM PAR $0.001	85,536	127,944
EXELON CORP	70,889	95,087
FOMENTO ECONOMICO MEXICANO	87,489	82,224
HDFC BANK LTD ADR	67,611	69,208
HONEYWELL INTERNATIONAL INC	98,535	143,055
INTEL CORP	118,571	105,487
INTL BUSINESS MACHINES CORP	101,944	88,772
IQVIA HOLDINGS INC	96,490	141,187
JPMORGAN CHASE & CO	69,302	122,274
JOHNSON & JOHNSON	76,659	71,625
MERCK & CO INC NEW COM	116,251	127,111
MICROSOFT CORP	63,056	159,780
MONDELEZ INTL INC COM	84,806	110,661
NEXTERA ENERGY INC	104,468	136,925
PAYPAL HLDGS INC COM	115,609	153,215
PFIZER INC	103,606	111,485
RAYTHEON CO (NEW)	69,806	99,146
SCHNEIDER NATIONAL INC CL B	88,397	64,677
CHARLES SCHWAB NEW	84,952	79,257
SUMITOMO MITSUI FINL GROUP INC	74,993	66,877
T-MOBILE US INC COM	70,136	136,666
THERMO FISHER SCIENTIFIC	70,070	136,354
US BANCORP-F 6.5% FLTS 1/15/22	50,033	45,342
UNILEVER PLC (NEW) ADS	58,100	69,498
UNITED TECHNOLOGIES CORP	38,885	38,942
UNITEDHEALTH GP INC	128,970	117,000
VISA INC CL A	89,540	132,903
WELLS FARGO & CO NEW	64,511	59,377
XILINX INC	44,505	69,304
CHUBB LTD	85,867	103,770

- TIN:

TY 2018 InvestmentsOtherSchedule2

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
VANGUARD SHORT-TERM BOND ETF	AT COST	90,434	93,091
SIX CIRCLES ULTRA SHORT DURATION FUND	AT COST	89,566	89,477
ISHARES 7-10 YEAR TREASURY B	AT COST	90,410	98,391
ISHARES MBS ETF	AT COST	87,642	90,489
MTRPLTN WST TTL RTRN BND-PLN	AT COST	175,110	186,355
VANGUARD TOTAL BOND MARKET INDEX FUND-ADM	AT COST	604,648	642,816
VANGUARD TOTAL INTL BND-ADM	AT COST	683,009	739,536
NON-US EQUITY MANAGERS: PORTFOLIO 4 OFFSHORE L.P.	AT COST	1,210,000	1,896,680
ISHARES TRUST-ISHARES CURRENCY HEDGED MSCI EAFE ETF	AT COST	177,034	180,476
WELLS FARGO EMERG MRKTS EQUITY FUND - CLASS INST	AT COST	86,279	97,926
GS TACTICAL TILT OVERLAY FUND CLASS P	AT COST	92,435	90,612
HEDGE FUND OPPORTUNITIES LTD CLASS A SERIES 1	AT COST	250,000	374,222
FIRST TRUST HIGH INC LONG/SHOR	AT COST	55,298	57,446
ISHARES MSCI SPAIN ETF	AT COST	72,613	57,395
ISHARES MBS ETF	AT COST	37,091	36,565
ISHARES BROAD USD INV GRD CORP	AT COST	59,635	63,023
ISHARES CMBS ETF	AT COST	73,720	75,015
ISHARES FLOATING RATE BD ETF	AT COST	204,824	204,830
ISHARES INC MSCI JAPAN ETF	AT COST	147,912	133,236

- TIN:

TY 2018 OtherExpensesSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
CHANGE IN PRESENT VALUE OF FUTURE GRANTS	-15,214	0		0
INSURANCE	2,000	0		0
MISCELLANEOUS	401	0		0

- TIN:

TY 2018 OtherIncomeSchedule2

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
SECURITIES LITIGATION SETTLEMENTS	3,078	3,078	3,078

- TIN:

TY 2018 OtherIncreasesSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Description	Amount
ADJUST AMORTIZED COST BASIS OF INVESTMENTS	16,784

- TIN:

TY 2018 OtherProfessionalFeesSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENTS MANAGEMENT AND ADVISORY FEES	127,825	127,825		0
MANAGEMENT FEES	50,000	0		0

- TIN:

TY 2018 TaxesSchedule

Name:

PHILIP AND JANICE LEVIN FOUNDATION

EIN:

22-6075837

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	18,905	0		0