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 09-01-2018 , and ending 08-31-2019
Name of foundation
POSEL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)212 WALNUT STREET
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA19106
A Employer identification number

23-2581520
B Telephone number (see instructions)

(215) 627-0900
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,937,823J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 4,029 4,029  
4 Dividends and interest from securities... 53,841 53,841  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 126,497
b Gross sales price for all assets on line 6a 1,325,389
7 Capital gain net income (from Part IV, line 2)... 150,016
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 1,013,121 0  
12 Total. Add lines 1 through 11........ 1,197,488 207,886  
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)......... Click to see attachment 7,030 3,515   3,515
b Accounting fees (attach schedule)....... Click to see attachment 2,500 1,250   1,250
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,004 214   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 147 66   81
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 17,681 5,045   4,846
25 Contributions, gifts, grants paid....... 504,200 504,200
26 Total expenses and disbursements. Add lines 24 and 25 521,881 5,045   509,046
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 675,607
b Net investment income (if negative, enter -0-) 202,841
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............. 126    
2 Savings and temporary cash investments......... 46,059 371,696 371,696
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).......      
c Investments—corporate bonds (attach schedule)....... 303,888 Click to see attachment300,790 305,625
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,447,102 Click to see attachment1,810,396 2,260,502
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,797,175 2,482,882 2,937,823
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........ 1,797,175 2,482,882
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 0
30 Total net assets or fund balances (see instructions)..... 1,797,175 2,482,882
31 Total liabilities and net assets/fund balances (see instructions). 1,797,175 2,482,882
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
1,797,175
2
Enter amount from Part I, line 27a .....................
2
675,607
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
10,100
4
Add lines 1, 2, and 3 ..........................
4
2,482,882
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
2,482,882
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
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 1,249,518   1,132,456 117,062
b 75,000   42,917 32,083
c 871     871
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       117,062
b       32,083
c       871
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 2 150,016
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 295,598 2,400,092 0.123161
2016 181,348 1,818,883 0.099703
2015 187,096 1,813,660 0.103159
2014 229,200 2,044,970 0.112080
2013 481,301 2,192,387 0.219533
2
Total of line 1, column (d) .....................
2
0.657636
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
0.131527
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
2,449,474
5
Multiply line 4 by line 3......................
5
322,172
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
2,028
7
Add lines 5 and 6........................
7
324,200
8
Enter qualifying distributions from Part XII, line 4,.............
8
509,046
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 2,028
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 2,028
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 2,028
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 4,720
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 4,720
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 2,692
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet2,692 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 ofbulletPOSEL FOUNDATION Telephone no.bullet (215) 627-0900

    Located atbullet212 WALNUT STREETPHILADELPHIAPA ZIP+4bullet19106
    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
    DOROTHEA POSEL DECEASED PAST PRESIDENT
    0.00     		0 0 0
    212 WALNUT STREET
    PHILADELPHIA,PA19106
    ANNE POSEL PRESIDENT
    0.00     		0 0 0
    212 WALNUT STREET
    PHILADELPHIA,PA19106
    DANIEL POSEL VICE PRESIDENT
    0.00     		0 0 0
    212 WALNUT STREET
    PHILADELPHIA,PA19106
    BENJAMIN POSEL TREASURER
    0.00     		0 0 0
    212 WALNUT STREET
    PHILADELPHIA,PA19106
    SIDNEY POSEL DECEASED DIRECTOR
    0.00     		0 0 0
    212 WALNUT STREET
    PHILADELPHIA,PA19106
    ELLEN POSEL SECRETARY
    0.00     		0 0 0
    212 WALNUT STREET
    PHILADELPHIA,PA19106
    FRANCES POSEL DIRECTOR
    0.00     		0 0 0
    212 WALNUT STREET
    PHILADELPHIA,PA19106
    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
    2,328,968
    b
    Average of monthly cash balances.......................
    1b
    157,808
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,486,776
    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
    2,486,776
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    37,302
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,449,474
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    122,474
    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
    122,474
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    2,028
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    2,028
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    120,446
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    10,100
    5
    Add lines 3 and 4............................
    5
    130,546
    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
    130,546
    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
    509,046
    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
    509,046
    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
    2,028
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    507,018
    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 7 130,546
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015...... 98,337
    d From 2016...... 92,018
    e From 2017...... 180,303
    fTotal of lines 3a through e........ 370,658
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 509,046
    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..... 130,546
    e Remaining amount distributed out of corpus 378,500
    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 5 749,158
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		749,158
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 98,337
    c Excess from 2016.... 92,018
    d Excess from 2017.... 180,303
    e Excess from 2018.... 378,500
    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).)
    SIDNEY POSEL DECEASED
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALEXANDRIA HOUSE
    426 SOUTH ALEXANDRIA AVENUE
    LOS ANGELES,CA90020     		NONE PC GENERAL SUPPORT 2,500
    AMERICAN COMMITTEE FOR WEIZMANN INSTITUTE OF SCIENCE
    633 THIRD AVENUE
    NEW YORK,NY10017     		NONE PC GENERAL SUPPORT 10,000
    AMERICAN FRIENDS OF THE HEBREW UNIVERSITY
    ONE BATTERY PARK PLAZA
    NEW YORK,NY10004     		NONE PC GENERAL SUPPORT 6,000
    AMERICAN JEWISH CONGRESS
    825 THIRD AVENUE SUITE 1800
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 700
    AMERICAN SOCIETY FOR THE PROTECTION OF NATURE IN ISRAEL
    38 ARRANDALE AVENUE
    GREAT NECK,NY11024     		NONE PC GENERAL SUPPORT 1,500
    AMERICAN TECHNION SOCIETY
    55 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 6,000
    BIG PICTURE LEARNING
    325 PUBLIC STREET
    PROVIDENCE,RI02905     		NONE PC GENERAL SUPPORT 5,000
    BROOKLYN WORKFORCE INNOVATIONS
    621 DEGRAW STREET
    BROOKLYN,NY11217     		NONE PC GENERAL SUPPORT 1,000
    CALIFORNIA STATE PARKS FOUNDATION
    PO BOX 512210
    LOS ANGELES,CA90051     		NONE PC GENERAL SUPPORT 500
    CAMERA
    PO BOX 35040
    BOSTON,MA02135     		NONE PC GENERAL SUPPORT 2,600
    CENTER FOR CONSTITUTIONAL RIGHTS
    666 BROADWAY 7TH FLOOR
    NEW YORK,NY10012     		NONE PC GENERAL SUPPORT 10,000
    CENTRAL PARK CONSERVANCY
    14 EAST 60TH STREET
    NEW YORK,NY10022     		NONE PC GENERAL SUPPORT 1,500
    CITY HARVEST
    6 EAST 32ND STREET5TH FLOOR
    NEW YORK,NY10016     		NONE PC GENERAL SUPPORT 3,000
    CITY MEALS-ON-WHEELS
    PO BOX 4007
    NEW YORK,NY10277     		NONE PC GENERAL SUPPORT 1,500
    COMMUNITY SERVICE SOCIETY
    105 E 22ND ST
    NEW YORK,NY10010     		NONE PC GENERAL SUPPORT 2,600
    COOPER MEDICAL SCHOOL
    401 SOUTH BROADWAY
    CAMDEN,NJ08103     		NONE PC GENERAL SUPPORT 25,000
    COVENANT HOUSE
    TIMES SQUARE STATION PO BOX 731
    NEW YORK,NY10108     		NONE PC GENERAL SUPPORT 1,500
    DOCTORS WITHOUT BORDERS USA
    PO BOX 5030
    HAGERSTOWN,MD21741     		NONE PC GENERAL SUPPORT 14,000
    DOROT INC
    171 WEST 85TH STREET
    NEW YORK,NY10024     		NONE PC GENERAL SUPPORT 1,500
    DOWNTOWN WOMEN'S CENTER
    442 S SAN PEDRO STREET
    LOS ANGELES,CA90013     		NONE PC GENERAL SUPPORT 2,500
    ENVIRONMENTAL DEFENSE FUND
    1875 CONNECTICUT AVENUE NW
    WASHINGTON,DC20009     		NONE PC GENERAL SUPPORT 4,500
    EQUALITY FEDERATION
    527 SUTTER STREET 3RD FLOOR
    SAN FRANCISCO,CA94102     		NONE PC GENERAL SUPPORT 500
    FOOD AND WATER WATCH
    161 P STREET NW
    WASHINGTON,DC20036     		NONE PC GENERAL SUPPORT 10,000
    FOOD BANK OF NEW YORK CITY
    PO BOX 1125
    NEW YORK,NY10277     		NONE PC GENERAL SUPPORT 1,500
    FRIENDS OF GRIFFITH PARK
    PO BOX 27573
    LOS ANGELES,CA90027     		NONE PC GENERAL SUPPORT 500
    GODDARD RIVERSIDE COMMUNITY CENTER
    593 COLUMBUS AVENUE 21ST FLOOR
    NEW YORK,NY10024     		NONE PC GENERAL SUPPORT 1,500
    INSIDE CLIMATE NEWS
    16 COURT STREET STE 2307
    BROOKLYN,NY11241     		NONE PC GENERAL SUPPORT 1,000
    INTERNATIONAL RESCUE COMMITTEE
    122 E 42ND STREET
    NEW YORK,NY10168     		NONE PC GENERAL SUPPORT 15,500
    ISRAEL CANCER RESEARCH FUND
    1290 AVENUE OF THE AMERICAS
    NEW YORK,NY10104     		NONE PC GENERAL SUPPORT 1,300
    JEWISH NATIONAL FUND
    PO BOX 9105
    UNIONDALE,NY11555     		NONE PC GENERAL SUPPORT 700
    JEWISH THEOLOGICAL SEMINARY
    3080 BROADWAY
    NEW YORK,NY10027     		NONE PC GENERAL SUPPORT 1,500
    JEWISH WORLD SERVICE
    45 W 36TH STREET 11TH FL
    NEW YORK,NY10018     		NONE PC GENERAL SUPPORT 5,000
    KCRW PUBLIC RADIO
    1900 PICO BLVD
    SANTA MONICA,CA90405     		NONE PC GENERAL SUPPORT 500
    KPFK PACIFICA FOUNDATION
    PO BOX 748419
    LOS ANGELES,CA90070     		NONE PC GENERAL SUPPORT 500
    LEGAL SERVICES FOR PRISONERS WITH CHILDREN
    1540 MARKET STSUITE 490
    SAN FRANCISCO,CA94102     		NONE PC GENERAL SUPPORT 5,000
    MADD
    PO BOX 10165 SUITE 706
    DES MOINES,IA50340     		NONE PC GENERAL SUPPORT 700
    MAKE THE ROAD - NEW YORK
    301 GROVE STREET
    BROOKLYN,NY11237     		NONE PC GENERAL SUPPORT 50,000
    METROPOLITAN COUNCIL ON JEWISH POVERTY
    PO BOX 907
    NEW YORK,NY10272     		NONE PC GENERAL SUPPORT 1,500
    NATIONAL JEWISH OUTREACH PROGRAM
    989 SIXTH AVENUE
    NEW YORK,NY10138     		NONE PC GENERAL SUPPORT 500
    NATURAL RESOURCES DEFENSE COUNCIL
    40 W 20TH ST
    NEW YORK,NY10011     		NONE PC GENERAL SUPPORT 2,500
    NEW VILLAGE GIRLS ACADEMY
    147 NORTH OCCIDENTAL BOULEVARD
    LOS ANGELES,CA90026     		NONE PC GENERAL SUPPORT 120,000
    NORTHWEST AGRICULTURE BUSINESS CENTER
    419 SOUTH 1ST ST STE 2017 PO BOX
    2924
    MT VERNON,WA98273     		NONE PC GENERAL SUPPORT 10,000
    NORTHWEST YOUTH SERVICES
    1020 NORTH STATE ST
    BELLINGHAM,WA98225     		NONE PC GENERAL SUPPORT 20,000
    NYPIRG
    9 MURRAY STREET
    NEW YORK,NY10007     		NONE PC GENERAL SUPPORT 1,000
    OBERLIN COLLEGE
    173 WEST LORAIN ST
    OBERLIN,OH44074     		NONE PC GENERAL SUPPORT 1,000
    OHEL CHILDREN'S HOME & FAMILY SERVICES
    4510 SIXTEENTH AVENUE 807
    BROOKLYN,NY11204     		NONE PC GENERAL SUPPORT 1,500
    PLANNED PARENTHOOD OF LOS ANGELES
    PO BOX 740528
    LOS ANGELES,CA90074     		NONE PC GENERAL SUPPORT 2,500
    PLENTY INTERNATIONAL
    PO BOX 394
    SUMMERTOWN,TN38483     		NONE PC GENERAL SUPPORT 10,000
    READER TO READER
    38 WOODSIDE AVENUE
    AMHERST,MA01002     		NONE PC GENERAL SUPPORT 25,000
    RED HOOK INITIATIVE
    767 HICKS STREET
    BROOKLYN,NY11231     		NONE PC GENERAL SUPPORT 3,000
    RIVERKEEPER INC
    20 SECOR ROAD
    OSSINING,NY10562     		NONE PC GENERAL SUPPORT 3,000
    SAINT ANN'S SCHOOL
    129 PIERREPONT STREET
    NEW YORK,NY11201     		NONE PC GENERAL SUPPORT 2,000
    SEARCH AND CARE
    1844 SECOND AVENUE
    NEW YORK,NY10128     		NONE PC GENERAL SUPPORT 1,500
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVE
    MONTGOMERY,AL36104     		NONE PC GENERAL SUPPORT 500
    SOUTHERN UTAH WILDERNESS ALLIANCE
    1471 SOUTH 100 EAST
    SALT LAKE CITY,UT84105     		NONE PC GENERAL SUPPORT 10,000
    STANLEY ISAACS NEIGHBORHOOD CENTER
    415 E 93RD STREET SUITE 150
    NEW YORK,NY10128     		NONE PC GENERAL SUPPORT 1,500
    STUDENT CONSERVATION ASSOCIATION
    PO BOX 550
    CHARLESTOWN,NH03603     		NONE PC GENERAL SUPPORT 1,500
    SWARTHMORE COLLEGE
    500 COLLEGE AVENUE
    SWARTHMORE,PA19081     		NONE PC GENERAL SUPPORT 1,000
    THE BOYS' CLUB OF NEW YORK
    287 E 10TH STREET
    NEW YORK,NY10009     		NONE PC GENERAL SUPPORT 1,500
    THE CHILDREN'S AID SOCIETY
    PO BOX 4009
    NEW YORK,NY10277     		NONE PC GENERAL SUPPORT 1,500
    THE DOE FUND
    232 EAST 84TH STREET
    NEW YORK,NY10028     		NONE PC GENERAL SUPPORT 1,500
    THE DOOR
    121 AVENUE OF THE AMERICAS
    NEW YORK,NY10013     		NONE PC GENERAL SUPPORT 1,500
    THE EDUCATIONAL ALLIANCE
    197 EAST BROADWAY
    NEW YORK,NY10002     		NONE PC GENERAL SUPPORT 2,600
    THE FORTUNE SOCIETY
    29-76 NORTHERN BLVD
    LONG ISLAND CITY,NY10101     		NONE PC GENERAL SUPPORT 1,500
    THE HUMANE FARMING ASSOCIATION
    PO BOX 3577
    SAN RAFAEL,CA94912     		NONE PC GENERAL SUPPORT 700
    THE JERUSALEM FOUNDATION INC
    PO BOX 170305
    MILWAUKEE,WI53217     		NONE PC GENERAL SUPPORT 700
    THE LEGAL AID SOCIETY
    199 WATER ST
    NEW YORK,NY10038     		NONE PC GENERAL SUPPORT 1,500
    THE NATURE CONSERVANCY
    322 EIGHTH AVENUE
    NEW YORK,NY10001     		NONE PC GENERAL SUPPORT 1,500
    THE NEW YORK PUBLIC LIBRARY
    476 FIFTH AVENUE BOX 351150
    NEW YORK,NY10018     		NONE PC GENERAL SUPPORT 1,000
    THE SALVATION ARMY OF GREATER NY
    120 W 14TH STREET SUITE B
    NEW YORK,NY10011     		NONE PC GENERAL SUPPORT 2,600
    THE WILDERNESS SOCIETY
    1615 M STREET NW
    WASHINGTON,DC20036     		NONE PC GENERAL SUPPORT 4,000
    THIRD STREET MUSIC SCHOOL SETTLEMENT
    235 E 11TH STREET
    NEW YORK,NY10003     		NONE PC GENERAL SUPPORT 1,500
    TRANSPORTATION ALTERNATIVES
    111 JOHN STREET SUITE 260
    NEW YORK,NY10038     		NONE PC GENERAL SUPPORT 1,000
    US - AFRICA CHILDREN'S FELLOWSHIP INC
    475 14TH STREET
    BROOKLYN,NY11215     		NONE PC GENERAL SUPPORT 1,000
    UJA - FEDERATION OF NEW YORK
    PO BOX 4056
    NEW YORK,NY10261     		NONE PC GENERAL SUPPORT 1,700
    UNION RESCUE MISSION
    545 S SAN PEDRO ST
    LOS ANGELES,CA90013     		NONE PC GENERAL SUPPORT 2,500
    UNITED NEIGHBORHOOD HOUSES
    70 W36TH STREET
    NEW YORK,NY10138     		NONE PC GENERAL SUPPORT 1,500
    VISITING NURSE SERVICE OF NEW YORK
    PO BOX 6445
    NEW YORK,NY10277     		NONE PC GENERAL SUPPORT 1,500
    WCCN
    211 SOUTH PATERSON ST STE 260
    MADISON,WI53703     		NONE PC GENERAL SUPPORT 50,000
    WORLD JEWISH CONGRESS
    PO BOX 90400
    WASHINGTON,DC20090     		NONE PC GENERAL SUPPORT 1,300
    WORLD WILDLIFE FUND
    PO BOX 96096
    WASHINGTON,DC20077     		NONE PC GENERAL SUPPORT 1,500
    Total .................................bullet 3a 504,200
    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 4,029  
    4 Dividends and interest from securities....     14 53,841  
    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 0  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 126,497  
    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).. 0 184,367 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    184,367
    (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

    TY 2018 AccountingFeesSchedule
    Name:
    POSEL FOUNDATION
    EIN:
    23-2581520
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ISDANER & CO, LLC 2,500 1,250   1,250

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    POSEL FOUNDATION
    EIN:
    23-2581520
    Name of Bond End of Year Book Value End of Year Fair Market Value
    $20,000 AMGEN INC SR NOTE 3.125% DUE 5/1/25 20,443 20,878
    $25,000 JP MORGAN CHASE & CO 3.2% DUE 1/25/23 25,765 25,967
    $25,000 LOWE'S COS INC 3.125% DUE 9/15/24 25,916 25,977
    $25,000 ANHEUSER BUSCH INBEV FIN 3.3% DUE 2/1/33 22,827 22,904
    $25,000 APPLE INC SR GLBL NT 26 25,861 26,764
    $25,000 AUTOMATIC DATA PROCESSING 3.375% DUE 9/1/25 26,230 26,943
    $25,000 CATERPILLAR FINL CORP PWR 3.35% DUE 8/15/23 25,996 25,782
    $25,000 COMCAST CORP 3% DUE 2/1/24 25,562 25,993
    $25,000 INTEL CORP 2.875% DUE 5/11/24 25,518 26,100
    $25,000 JP MORGAN CHASE & CO 3.2% DUE 1/25/23 25,814 25,967
    $25,000 LOWES COS INC 3.375% DUE 9/15/25 25,968 26,371
    $25,000 WELLS FARGO CO NEW 3% DUE 10/23/26 24,890 25,979

    TY 2018 InvestmentsOtherSchedule2
    Name:
    POSEL FOUNDATION
    EIN:
    23-2581520
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    625 SHS. ISHARES RUSSELL 1000 GROWTH INDEX FUND ETF AT COST 87,522 99,956
    875 SHS. ISHARES TR MSCI USA ESG SLC AT COST 104,119 106,024
    1,300 SHS. ALPS SECTUR DIVD DOGS ETF AT COST 58,492 54,379
    525 SHS. INVESCO QQQ TR UNIT SER 1 AT COST 84,983 98,422
    1,100 SHS. I-SHARES MSCI EAFE INDEX FUND AT COST 74,710 69,531
    425 SHS. I-SHARES TRUST ETF RUSSELL MIDCAP INDEX FUND AT COST 24,209 23,405
    1,000 SHS. VANGUARD HIGH DIVIDEND YIELD ETF AT COST 85,327 86,160
    964.211 SHS. VANGUARD INDEX TR 500 ADM. FUND AT COST 230,121 261,234
    $50,000 CD ALLY BANK 3% DUE 6/28/21 AT COST 50,885 50,885
    $50,000 CD BMW BK 2.75% DUE 3/23/22 AT COST 51,392 51,392
    $25,000 CD CAPITAL ONE BANK USA 2.15% DUE 9/27/21 AT COST 25,000 25,000
    $50,000 CD CAPITAL ONE 2.85% DUE 4/25/22 AT COST 50,953 50,953
    $25,000 CD CITIBANK 2.8% DUE 3/20/23 AT COST 25,872 25,872
    $50,000 CD CITIBANK 3% DUE 7/26/21 AT COST 50,927 50,927
    $50,000 CD COMENITY CAP BANK 2.65% DUE 4/28/23 AT COST 51,039 51,039
    $50,000 CD DISCOVER BANK 2.65% DUE 1/18/23 AT COST 50,761 50,761
    $50,000 CD CAPITAL BANK 2.9% DUE 7/5/22 AT COST 51,083 51,083
    $25,000 CD GOLDMAN SACHS BK US 2.3% DUE 9/27/17 AT COST 25,000 25,000
    5,156.669 SHS. VANGUARD STAR TOTAL INTERNATIONAL FUND AT COST 124,785 139,900
    1,067.007 SHS. VANGUARD INDEX TRUST 500 PORT. FUND AT COST 122,332 289,084
    3,379 SHS. VANGUARD LARGE CAP INDEX FUND AT COST 113,675 113,676
    2,078.544 SHS. VANGUARD INDEX TRUST SMALL CAP STOCK FUND AT COST 60,656 151,713
    1,024.618 SHS. VANGUARD INDEX MID CAP STOCK FUND AT COST 81,520 209,073
    $50,000 CAPITAL ONE BANK USA NATL ASSN CD 2.5% DUE 12/6/22 AT COST 50,000 50,000
    $50,000 DISCOVER BK GREENWOOD DE CD DUE 12/20/21 AT COST 50,000 50,000
    $25,000 GOLDMAN SACHS BK CD 2.5% DUE 11/29/22 AT COST 25,033 25,033

    TY 2018 LegalFeesSchedule
    Name:
    POSEL FOUNDATION
    EIN:
    23-2581520
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COZEN O'CONNOR 7,030 3,515   3,515


    TY 2018 OtherExpensesSchedule
    Name:
    POSEL FOUNDATION
    EIN:
    23-2581520
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK CHARGES 132 66   66
    REGISTRATION FEES 15 0   15


    TY 2018 OtherIncomeSchedule2
    Name:
    POSEL FOUNDATION
    EIN:
    23-2581520
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    DISTRIBUTION FROM A RETIREMENT PLAN 1,013,121 0 0


    TY 2018 OtherIncreasesSchedule
    Name:
    POSEL FOUNDATION
    EIN:
    23-2581520
    Description Amount
    RECOVERIES OF AMOUNTS TREATED AS QUALIFYING DISTRIBUTIONS 10,100


    TY 2018 TaxesSchedule
    Name:
    POSEL FOUNDATION
    EIN:
    23-2581520
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 7,790 0   0
    FOREIGN TAX 214 214   0