Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 12-01-2018 , and ending 11-30-2019
Name of foundation
HERMAN & HELEN LIPSITZ CHARITABLE TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)1900 MURRAY AVENUE NO 203
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PITTSBURGH, PA15217
A Employer identification number

25-6134327
B Telephone number (see instructions)

(412) 521-5859
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$6,851,702J 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) 50,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 6,973 6,973  
4 Dividends and interest from securities... 201,518 201,297  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -15,369
b Gross sales price for all assets on line 6a 625,803
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 52 52  
12 Total. Add lines 1 through 11........ 243,174 208,322  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,016 1,013   1,013
c Other professional fees (attach schedule).... Click to see attachment 18,000 0   18,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,941 1,941   0
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 attachment 160 40   120
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 22,117 2,994   19,133
25 Contributions, gifts, grants paid....... 469,563 469,563
26 Total expenses and disbursements. Add lines 24 and 25 491,680 2,994   488,696
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -248,506
b Net investment income (if negative, enter -0-) 205,328
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 31,404 31,179 31,179
2 Savings and temporary cash investments......... 4,818 27,246 27,246
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)      
b Investments—corporate stock (attach schedule)....... 892,404 Click to see attachment673,468 2,298,609
c Investments—corporate bonds (attach schedule)....... 902,553 Click to see attachment531,520 974,756
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,571,875 Click to see attachment2,685,557 3,322,212
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment197,700 Click to see attachment197,700
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 4,403,054 4,146,670 6,851,702
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 4,403,054 4,146,670
30 Total net assets or fund balances (see instructions)..... 4,403,054 4,146,670
31 Total liabilities and net assets/fund balances (see instructions). 4,403,054 4,146,670
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
4,403,054
2
Enter amount from Part I, line 27a .....................
2
-248,506
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
4,154,548
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
7,878
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
4,146,670
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES - ST P    
b PUBLICLY TRADED SECURITIES - LT P    
c CAPITAL GAINS DIVIDENDS P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9,290   9,107 183
b 545,818   632,065 -86,247
c 70,695     70,695
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       183
b       -86,247
c       70,695
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -15,369
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 1,007,804 7,094,193 0.142060
2016 811,240 7,418,410 0.109355
2015 932,153 7,281,030 0.128025
2014 676,117 7,962,815 0.084909
2013 614,473 8,568,947 0.071709
2
Total of line 1, column (d) .....................
2
0.536058
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
0.107212
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
6,569,050
5
Multiply line 4 by line 3......................
5
704,281
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,053
7
Add lines 5 and 6........................
7
706,334
8
Enter qualifying distributions from Part XII, line 4,.............
8
488,696
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 4,107
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 4,107
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 4,107
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 5,963
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 5,963
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,856
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet1,856 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletPA
    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 ofbulletTRUSTEES Telephone no.bullet (412) 521-5859

    Located atbullet1900 MURRAY AVENUE SUITE 203PITTSBURGHPA ZIP+4bullet15217
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    BARBARA KATCH TRUSTEE
    20.00     		0 0 0
    1900 MURRAY AVE SUITE 203
    PITTSBURGH,PA15217
    MICHAEL KATCH TRUSTEE
    1.00     		0 0 0
    1900 MURRAY AVE SUITE 203
    PITTSBURGH,PA15217
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    6,608,809
    b
    Average of monthly cash balances.......................
    1b
    60,277
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,669,086
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,669,086
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    100,036
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,569,050
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    328,453
    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
    328,453
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    4,107
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,107
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    324,346
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    324,346
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    324,346
    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
    488,696
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    488,696
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    488,696
    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 7 324,346
    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...... 212,514
    b From 2014...... 285,741
    c From 2015...... 572,575
    d From 2016...... 449,743
    e From 2017...... 657,100
    fTotal of lines 3a through e........ 2,177,673
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 488,696
    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..... 324,346
    e Remaining amount distributed out of corpus 164,350
    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 2,342,023
    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) ...     		212,514
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		2,129,509
    10 Analysis of line 9:
    a Excess from 2014.... 285,741
    b Excess from 2015.... 572,575
    c Excess from 2016.... 449,743
    d Excess from 2017.... 657,100
    e Excess from 2018.... 164,350
    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 e-mail address of the person to whom applications should be addressed:
    HERMAN HELEN LIPSITZ CHARITABLE TRU
    1900 MURRAY AVE 203
    PITTSBURGH,PA15217
    (412) 521-5859
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN PROPOSAL STATING THE PURPOSE OF THE CONTRIBUTION.
    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)
    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
    AISH ON CAMPUS
    14077 CEDAR ROAD SUITE 7
    CLEVELAND,OH44118     		N/A PC RELIGIOUS COMMUNITY SERVICE 7,000
    ALEPH INSTITUTE
    5804 BEACON STREET
    PITTSBURGH,PA15217     		N/A PC RELIGIOUS COMMUNITY SERVICE 10,500
    BETH HAMEDRASH HAGODOL - BETH JACOB CHARITY FUND
    810 5TH AVE
    PITTSBURGH,PA15219     		N/A PC RELIGIOUS COMMUNITY SERVICE 200
    BETH HAMEDRASH HAGODOL - BETH JACOB CONGREGATION
    810 5TH AVE
    PITTSBURGH,PA15219     		N/A PC RELIGIOUS COMMUNITY SERVICE 933
    BNEI EMUNAH CHABAD
    4315 MURRAY AVENUE
    PITTSBURGH,PA15217     		N/A PC RELIGIOUS COMMUNITY SERVICE 17,950
    CAMP GAN ISRAEL FC
    2100 WIGHTMAN STREET
    PITTSBURGH,PA15217     		N/A PC RELIGIOUS COMMUNITY SERVICE 10,000
    CAMP GAN ISRAEL
    2100 WIGHTMAN STREET
    PITTSBURGH,PA15217     		N/A PC RELIGIOUS COMMUNITY SERVICE 28,000
    CHABAD OF MONROEVILLE
    137 MONTICELLO DRIVE
    MONROEVILLE,PA15146     		N/A PC RELIGIOUS COMMUNITY SERVICE 10,750
    CHABAD OF PITTSBURGH
    6401 FORBES AVENUE
    PITTSBURGH,PA15217     		N/A PC RELIGIOUS COMMUNITY SERVICE 8,100
    CHABAD OF PSU
    443 WARING AVENUE
    STATE COLLEGE,PA16801     		N/A PC RELIGIOUS COMMUNITY SERVICE 7,500
    CHABAD OF THE SOUTH HILLS
    1701 MCFARLAND ROAD
    PITTSBURGH,PA15216     		N/A PC RELIGIOUS COMMUNITY SERVICE 12,350
    CHABAD ON CAMPUS
    4710 WALLINGFORD STREET
    PITTSBURGH,PA15213     		N/A PC RELIGIOUS COMMUNITY SERVICE 9,000
    CHASDEI AVOS
    C/O BLEIBERG 137-14 71ST AVENUE
    KEW GARDEN HILLS,NY11367     		N/A PC RELIGIOUS COMMUNITY SERVICE 5,000
    CLASSROOMS WITHOUT BORDERS
    4905 FIFTH AVENUE
    PITTSBURGH,PA15213     		N/A PC EDUACATION 60,000
    CONGREGATION BETH SHALOM
    5915 BEACON STREET
    PITTSBURGH,PA15217     		N/A PC RELIGIOUS COMMUNITY SERVICE 6,000
    CONGREGATION KETHER TORAH
    C/O MR PHILLIP E MILLCH ESQ 310
    GRANT ST STE 1700
    PITTSBURGH,PA15219     		N/A PC RELIGIOUS COMMUNITY SERVICE 5,100
    FRIENDSHIP CIRCLE
    5872 NORTHUMBERLAND STREET
    PITTSBURGH,PA15217     		N/A PC RELIGIOUS COMMUNITY SERVICE 7,000
    GEMILAS CHESED CHARITY FUND
    1400 SUMMIT STREET
    WHITE OAK,PA15131     		N/A PC RELIGIOUS COMMUNITY SERVICE 3,300
    HILLEL ACADEMY
    5685 BEACON STREET
    PITTSBURGH,PA15217     		N/A PC EDUCATION 100,000
    KEREN RACHAIM
    2042 WIGHTMAN STREET
    PITTSBURGH,PA15217     		N/A POF RELIGIOUS COMMUNITY SERVICE 29,000
    KOLLEL JEWISH LEARNING CENTER
    PO BOX 81036
    PITTSBURGH,PA15217     		N/A PC EDUCATION 18,250
    LUBAVITCH CENTER
    2100 WIGHTMAN STREET
    PITTSBURGH,PA15217     		N/A PC RELIGIOUS COMMUNITY SERVICE 30,900
    NCSY
    11 BROADWAY FLOOR 13
    NEW YORK,NY10004     		N/A PC RELIGIOUS COMMUNITY SERVICE 5,000
    OHR CHADASH
    C/O NATE DAVIDOVITCH 3773 CHERRY
    CREEK NORTH DR STE 575
    DENVER,CO80209     		N/A PC EDUCATION 20,000
    PZ SPECIAL FUND
    6318 PHILLIPS AVENUE
    PITTSBURGH,PA15217     		N/A PC RELIGIOUS COMMUNITY SERVICE 10,300
    RABBI'S DISC FUND (BETHEL)
    1900 COCHRAN ROAD
    PITTSBURGH,PA15220     		N/A PC RELIGIOUS COMMUNITY SERVICE 2,600
    RABBI'S DISC FUND (TREE OF LIFE)
    5898 WILINGS AVENUE
    PITTSBURGH,PA15243     		N/A PC RELIGIOUS COMMUNITY SERVICE 2,250
    RABBI'S DISCRETIONARY FUND (ADAT SHALOM)
    368 GUYS RUND ROAD
    CHESWICK,PA15024     		N/A PC RELIGIOUS COMMUNITY SERVICE 1,650
    RABBI'S DISCRETIONARY FUND
    1520 BOWER HILL ROAD
    PITTSBURGH,PA15243     		N/A PC RELIGIOUS COMMUNITY SERVICE 3,800
    RODEF SHALOM CONGREGATION
    4905 FIFTH AVENUE
    PITTSBURGH,PA15213     		N/A PC RELIGIOUS COMMUNITY SERVICE 1,050
    SHAARE TORAH CONGREGATION
    2319 MURRAY AVE
    PITTSBURGH,PA15217     		N/A PC RELIGIOUS COMMUNITY SERVICE 900
    TEMPLE DAVID RABBI'S MITZVA FUND
    4415 NORTHERN PIKE
    MONROEVILLE,PA15146     		N/A PC RELIGIOUS COMMUNITY SERVICE 4,050
    TEMPLE EMANUEL SENIOR RABBI DISC FUND
    1520 BOWER HILL ROAD
    PITTSBURGH,PA15243     		N/A PC RELIGIOUS COMMUNITY SERVICE 8,600
    TEMPLE OHAV SHALOM
    8400 THOMPSON RUN ROAD
    ALLISON PARK,PA15101     		N/A PC RELIGIOUS COMMUNITY SERVICE 5,650
    UNPF FOUNDATION
    PO BOX 81036
    PITTSBURGH,PA15217     		N/A PC RELIGIOUS COMMUNITY SERVICE 4,800
    YESHIVA SCHOOLS
    2100 WIGHTMAN STREET
    PITTSBURGH,PA15217     		N/A PC RELIGIOUS COMMUNITY SERVICE 5,180
    YOUNG ISRAEL OF PITTSBURGH
    5831 BARTLETT STREET
    PITTSBURGH,PA15217     		N/A PC RELIGIOUS COMMUNITY SERVICE 6,900
    Total .................................bullet 3a 469,563
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 6,973  
    4 Dividends and interest from securities....     14 201,518  
    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 52  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -15,369  
    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).. 0 193,174 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    193,174
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
     
    Employer identification number

    25-6134327
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
          		Employer identification number
    25-6134327
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    BARBARA KATCH
     
    2527 BEECHWOOD BLVD
     
    PITTSBURGH, PA15217

    		$ 50,000


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

    		$  


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

    		$  


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

    		$  


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

    		$  


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

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
          		Employer identification number

    25-6134327
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
          		Employer identification number

    25-6134327
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
    EIN:
    25-6134327
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 2,016 1,013   1,013

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
    EIN:
    25-6134327
    Name of Bond End of Year Book Value End of Year Fair Market Value
    8,000 SHS DOUBLELINE INCOME SOLUTIONS FD 199,971 159,040
    5,000 SHS PIMCO DYNAMIC INCOME FD 0 166,500
    6,000 SHS PIMCO DYNAMIC CREDIT & MORTG 0 153,360
    6,246.134 SHS GUGGENHEIM TOTAL RETURN BOND FUND CLASS A 0 170,332
    13,392.68 SHS PIMCO INCOME FUND CLASS A 167,863 160,307
    5,454.136 SHS PIMCO COMMODITIES INCOME FUND CLASS A 34,637 27,598
    255 SHS SPDR GOLD SHARES ETF 29,049 31,019
    4,000 SHS BANK OF AMERICA CAP 6.450% DUE 12/15/66 100,000 106,600

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
    EIN:
    25-6134327
    Name of Stock End of Year Book Value End of Year Fair Market Value
    500 SHS ALEXION PHARMACEUTICALS INC 2,875 56,970
    150 SHS ALPHABET INC CL A 84,063 195,614
    21 SHS ALTAIR NANOTECHNOLOGIES 4,136 0
    6,794 SHS AT&T INC 13,276 253,960
    10 SHS BANK OF NEW YORK MELLON 486 490
    2,024 SHS BP PLC SPON ADR 85,342 75,738
    1,572 SHS COMCAST CORP NEW CL A 27,966 69,404
    1,238 SHS CORTEVA 0 32,213
    1,719 SHS CSX CORPORATION 44,709 122,977
    1,238 SHS DOW INC 0 66,072
    1,238 SHS DUPONT DE NEMOURS INC 0 80,235
    3 SHS FREEPORT-MCMORAN INC 160 34
    775 SHS INTL PAPER CO 19,783 35,914
    1,000 SHS JOHNSON & JOHNSON COM 68,900 137,490
    2,000 SHS JPMORGAN CHASE & CO 137,712 263,520
    5,026 SHS MONDELEZ INTL INC 0 264,066
    1,000 SHS PEPSICO INC 93,283 135,830
    870 SHS PPG INDUSTRIES INC 22,566 112,091
    745 SHS PRUDENTIAL FINANCIAL INC 47,272 69,747
    250 SHS REGENERON PHARMACEUTICLS INC 3,188 92,250
    1,000 SHS TARO PHARMACEUTICLS INC 2,500 96,750
    903 SHS TEXTRON INC 15,251 41,754
    1,000 SHS VALERO ENERGY CORP NEW 0 95,490

    TY 2018 InvestmentsOtherSchedule2
    Name:
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
    EIN:
    25-6134327
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    4,500 SHS FT NASDAQ TECH DVD INDEX FUND AT COST 122,472 188,573
    931 SHS ISHARES MSCI JAPAN AT COST 40,110 55,329
    15,840.482 SHS BLACKROCK GLOBAL ALLOCATION FUND INC A AT COST 17,308 308,573
    7,111.238 SHS COLUMBIA BALANCED FUND - C AT COST 266,869 310,974
    8,560.574 FIRST EAGLE GLOBAL FUND CLASS A AT COST 476,199 509,097
    10,528.482 SHS THORNBURG INCOME BUILDER CLASS A AT COST 236,174 232,890
    11,135.459 SHS THORNBURG INCOME BUILDER CLASS C AT COST 235,403 245,982
    10,321.362 SHS AMERICAN BALANCED A AT COST 330,359 345,456
    310 SHS WILLIAMS COMPANY, INC. AT COST 7,309 7,849
    509 SHS NL INDUSTRIES AT COST 3,945 2,158
    2,263.717 SHS COLUMBIA BALANCED FUND-A AT COST 92,193 99,355
    20,322.314 SHS JPMORGAN GLOBAL ALLOCATION FUND CLASS A AT COST 370,999 387,547
    18,562.78 SHS MORG STNY AMER BAL A (ABALX) AT COST 363,067 505,279
    1,000 SHS ALEXION PHARMACEUTICALS AT COST 123,150 123,150

    TY 2018 OtherAssetsSchedule
    Name:
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
    EIN:
    25-6134327
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INVESTMENT IN RDC, LP 0 197,700 197,700


    TY 2018 OtherDecreasesSchedule
    Name:
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
    EIN:
    25-6134327
    Description Amount
    COST BASIS ADJUSTMENT 7,878


    TY 2018 OtherExpensesSchedule
    Name:
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
    EIN:
    25-6134327
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STOCK TRANSACTION FEE 40 40   0
    OFFICE EXPENSE 120 0   120


    TY 2018 OtherIncomeSchedule2
    Name:
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
    EIN:
    25-6134327
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 52 52 52


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
    EIN:
    25-6134327
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT AWARD EXPENSE 18,000 0   18,000


    TY 2018 TaxesSchedule
    Name:
    HERMAN & HELEN LIPSITZ CHARITABLE TRUST
    EIN:
    25-6134327
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 1,941 1,941   0