Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 02-01-2024 , and ending 01-31-2025
Name of foundation
THE LEON AND TOBY COOPERMAN FAMILY
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)7118 MELROSE CASTLE LANE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOCA RATON, FL334961424
A Employer identification number

13-3102941
B Telephone number (see instructions)

(973) 778-8885
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$549,981,740J 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 right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 168,608,441 179,256,659  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,126,925
b Gross sales price for all assets on line 6a 20,074,168
7 Capital gain net income (from Part IV, line 2)... 3,559,551
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
List of Attached Documents:
// Content
10,000 -348,459  
12 Total. Add lines 1 through 11........ 170,745,366 182,467,751  
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
List of Attached Documents:
// Content
175,000 87,500   87,500
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
175,000 87,500   87,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
121,250 60,625   60,625
17 Interest...............   512,004    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
200,000 17,817   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
List of Attached Documents:
// Content
200,326 1,829,649   326
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 871,576 2,595,095   235,951
25 Contributions, gifts, grants paid....... 22,329,072 22,329,072
26 Total expenses and disbursements. Add lines 24 and 25 23,200,648 2,595,095   22,565,023
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 147,544,718
b Net investment income (if negative, enter -0-) 179,872,656
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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.............      
2 Savings and temporary cash investments.........   4,959,655 4,959,655
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow20,268,085
Less: allowance for doubtful accounts right arrow0 15,830,053 Click to see attachment
List of Attached Documents:
// Content
20,268,085 		20,052,982
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)....... 22,067,437 Click to see attachment
List of Attached Documents:
// Content
9,770,547 		1,792,522
c Investments—corporate bonds (attach schedule)....... 71,771,581 Click to see attachment
List of Attached Documents:
// Content
140,913,413 		124,083,055
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 323,988,801 Click to see attachment
List of Attached Documents:
// Content
404,691,540 		399,093,526
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 433,657,872 580,603,240 549,981,740
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
599,350 		Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 599,350 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 433,058,522 580,603,240
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 433,058,522 580,603,240
30 Total liabilities and net assets/fund balances (see instructions). 433,657,872 580,603,240
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
433,058,522
2
Enter amount from Part I, line 27a .....................
2
147,544,718
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
580,603,240
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
580,603,240
Form 990-PF (2024)
Form 990-PF (2024)
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 P    
b THRU CAPITAL Z PARTNERS (FIDELIS), L.P. K-1 P    
c THRU CHATHAM AST PRI DT & STR CAP FD LP K-1 P    
d THRU JENSEN GROUP I, LIMITED PARTNERSHIP K-1 P    
e THRU RS LOW BETA OPPORTUNITY FUND, LP K-1 P    
THRU STAR MOUNTAIN PARTNERS FUND IV LLC K-1 P    
(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 20,074,168   17,947,243 2,126,925
b       333,248
c       443,455
d       -5,103
e       654,648
      6,378
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       2,126,925
b       333,248
c       443,455
d       -5,103
e       654,648
      6,378
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 3,559,551
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
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 right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 2,500,230
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 2,500,230
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 2,500,230
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 446,003
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 200,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 646,003
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 3,363
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 1,857,590
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-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 the instructions
for the 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNJ
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 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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
Yes
 
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 addressright arrowN/A
14
The books are in care ofright arrowLEON G COOPERMAN Telephone no.right arrow (973) 778-8885

Located atright arrow7118 MELROSE CASTLE LANEBOCA RATONFL ZIP+4right arrow334961424
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, 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 right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2024? .............
1d
 
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
LEON G COOPERMAN TRUSTEE
10.00 		0 0 0
7118 MELROSE CASTLE LANE
BOCA RATON,FL334961424
TOBY F COOPERMAN TRUSTEE
5.00 		0 0 0
7118 MELROSE CASTLE LANE
BOCA RATON,FL334961424
MICHAEL S COOPERMAN TRUSTEE
5.00 		0 0 0
7118 MELROSE CASTLE LANE
BOCA RATON,FL334961424
WAYNE M COOPERMAN TRUSTEE
5.00 		0 0 0
7118 MELROSE CASTLE LANE
BOCA RATON,FL334961424
JODI COOPERMAN TRUSTEE
5.00 		0 0 0
7118 MELROSE CASTLE LANE
BOCA RATON,FL334961424
COURTNEY COOPERMAN TRUSTEE
5.00 		0 0 0
7118 MELROSE CASTLE LANE
BOCA RATON,FL334961424
ANNE ARCHER TRUSTEE
5.00 		0 0 0
7118 MELROSE CASTLE LANE
BOCA RATON,FL334961424
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...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
DAVID BLOOM GENERAL & ADMINISTRATIVE LEGAL 175,000
20 WEST 71ST STREET APT 1
NEW YORK,NY10023
EDWARD LEVY ACCOUNTING 175,000
415 BATH CLUB BLVD NORTH
NORTH REDINGTON BEACH,FL33708
MARY ANN VISCIO ADMINISTRATION 121,250
121 THEODORE DRIVE
CORAM,NY11727
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-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 VIII-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.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
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
57,068,040
b
Average of monthly cash balances.......................
1b
5,960,628
c
Fair market value of all other assets (see instructions)................
1c
432,660,141
d
Total (add lines 1a, b, and c).........................
1d
495,688,809
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
495,688,809
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
7,435,332
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
488,253,477
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
24,412,674
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
24,412,674
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
2,500,230
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
2,500,230
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
21,912,444
4
Recoveries of amounts treated as qualifying distributions................
4
10,000
5
Add lines 3 and 4............................
5
21,922,444
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 XII, line 1 ...
7
21,922,444
Part XI
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
22,565,023
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
22,565,023
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 21,922,444
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 2,302,397
b From 2020...... 1,883,822
c From 2021......  
d From 2022...... 3,367,620
e From 2023......  
f Total of lines 3a through e ........ 7,553,839
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 22,565,023
a Applied to 2023, 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 2024 distributable amount..... 21,922,444
e Remaining amount distributed out of corpus 642,579
5 Excess distributions carryover applied to 2024. 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 8,196,418
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		2,302,397
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		5,894,021
10 Analysis of line 9:
a Excess from 2020.... 1,883,822
b Excess from 2021....  
c Excess from 2022.... 3,367,620
d Excess from 2023....  
e Excess from 2024.... 642,579
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2024, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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).)
LEON G COOPERMAN
TOBY F COOPERMAN
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 right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or 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 (2024)
Form 990-PF (2024)
Page 11
Part XIV
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

ADOLPH AND ROSE LEVIS JEWISH COMMUNITY CENTER INC

21050 95TH AVENUE S
BOCA RATON,FL33428 		N/A PC GENERAL OPERATING SUPPORT 1,225,000

AHAVATH TORAH - CHABAD AT SHORT HILLS

650 SOUTH ORGANGE AVENUE
SHORT HILLS,NJ07078 		N/A PC GENERAL OPERATING SUPPORT 800,000

ALPHA EPSILON PI FOUNDATION INC

8910 PURDUE ROAD SUITE 730
INDIANAPOLIS,IN46268 		N/A PC GENERAL OPERATING SUPPORT 1,000

AMERICAN FRIENDS OF BEIT RUTH INC

2 JERICHO PLAZA WING A SUITE 111
JERICHO,NY11753 		N/A PC GENERAL OPERATING SUPPORT 5,500

AMERICAN FRIENDS OF MAGEN DAVID ADOM

20 W 36TH STREET SUITE 1100
NEW YORK,NY10018 		N/A PC GENERAL OPERATING SUPPORT 1,305,000

AMERICAN FRIENDS OF THE HEBREW UNIVERSITY INC

199 WATER STREET 11TH FLOOR
NEW YORK,NY10038 		N/A PC GENERAL OPERATING SUPPORT 10,000

AMERICAN FRIENDS OF THE ISRAEL MUSEUM

545 5TH AVENUE SUITE 920
NEW YORK,NY10017 		N/A PC GENERAL OPERATING SUPPORT 1,250

AMERICAN JEWISH COMMITTEE

165 EAST 56TH STREET
NEW YORK,NY10022 		N/A PC GENERAL OPERATING SUPPORT 150,000

ATLANTIC HEALTH SYSTEM INC

475 SOUTH STREET ACCTG 920
MORRISTOWN,NJ07960 		N/A PC TO SUPPORT THE ANDY BOVIN MEMORIAL FUND AT THE OVERLOOK MEDICAL CENTER 500

BENNINGTON COUNTY HUMANE SOCIETY INC

1779 VT ROUTE 7A
ARLINGTON,VT05250 		N/A PC GENERAL OPERATING SUPPORT 500

BIRTHRIGHT ISRAEL FOUNDATION

711 THIRD AVENUE 10TH FL
NEW YORK,NY10017 		N/A PC GENERAL OPERATING SUPPORT 250,000

BLYTHEDALE CHILDREN'S HOSPITAL

95 BRADHURST AVENUE
VALHALLA,NY10595 		N/A PC GENERAL OPERATING SUPPORT 1,000

BOCA RATON HISTORICAL SOCIETY INC

71 NORTH FEDERAL HIGHWAY
BOCA RATON,FL33432 		N/A PC GENERAL OPERATING SUPPORT 2,500

BOCA RATON REGIONAL HOSPITAL FOUNDATION INC

800 MEADOWS ROAD
BOCA RATON,FL33486 		N/A PC GENERAL OPERATING SUPPORT 1,000,000

BRAVEN INCORPORATED

100 N LA SALLE ST SUITE 310
CHICAGO,IL60602 		N/A PC GENERAL OPERATING SUPPORT 585,000

BUILDON INC

1111 SUMMER STREET SUITE 601A
STAMFORD,CT06905 		N/A PC GENERAL OPERATING SUPPORT 20,000

CANCER RESEARCH FUND OF THE DAMON RUNYON-WALTER WINCHELL FOUNDATION

55 BROADWAY SUITE 302
NEW YORK,NY10006 		N/A PC GENERAL OPERATING SUPPORT 100,000

CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES

1616 RHODE ISLAND AVENUE NW
WASHINGTON,DC20036 		N/A PC GENERAL OPERATING SUPPORT 300,000

CHABAD AT DUKE UG INC

204 NORTH BUCHANAN BOULEVARD
DURHAM,NC27701 		N/A PC GENERAL OPERATING SUPPORT 36,000

CHABAD YOUNG PROFESSIONALS UPPER EAST SIDE

419 E 77TH ST
NEW YORK,NY10075 		N/A PC GENERAL OPERATING SUPPORT 10,000

CHALLENGED ATHLETES INC

9591 WAPLES STREET
SAN DIEGO,CA92121 		N/A PC GENERAL OPERATING SUPPORT 5,000

CHAMAH

473 EMPIRE BLVD
BROOKLYN,NY11225 		N/A PC GENERAL OPERATING SUPPORT 10,000

CHANGING LIVES OF BOCA RATON INC

1000 NORTH DIXIE HIGHWAY
BOCA RATON,FL33431 		N/A PC GENERAL OPERATING SUPPORT 25,000

CHAPEL HAVEN SCHLEIFER CENTER INC

1040 WHALLEY AVENUE
NEW HAVEN,CT06515 		N/A PC GENERAL OPERATING SUPPORT 500

CHESS-IN-THE-SCHOOLS INC

520 EIGHTH AVENUE 22ND FLOOR
NEW YORK,NY10018 		N/A PC GENERAL OPERATING SUPPORT 1,000

CITYMEALS-ON-WHEELS

355 LEXINGTON AVENUE 3RD FLOOR
NEW YORK,NY10017 		N/A PC GENERAL OPERATING SUPPORT 50,000

COMMUNITY FOOD BANK OF NEW JERSEY INC

31 EVANS TERMINAL ROAD
HILLSIDE,NJ07205 		N/A PC GENERAL OPERATING SUPPORT 25,000

CONGREGATION B'NAI JESHURUN

1025 SOUTH ORANGE AVENUE
SHORT HILLS,NJ07078 		N/A PC TO SUPPORT THE CANTOR LORNA WALLACH DISCRETIONARY FUND 250

CONGREGATION B'NAI JESHURUN

1025 SOUTH ORANGE AVENUE
SHORT HILLS,NJ07078 		N/A PC GENERAL OPERATING SUPPORT 854,872

CROHN'S & COLITIS FOUNDATION INC

733 THIRD AVENUE SUITE 510
NEW YORK,NY10017 		N/A PC GENERAL OPERATING SUPPORT 25,000

CURE BREAST CANCER FOUNDATION INC

1122 CLIFTON AVENUE
CLIFTON,NJ07013 		N/A PC GENERAL OPERATING SUPPORT 500

ELLUMINATE INC

130 EAST 59TH STREET SUITE 857
NEW YORK,NY10022 		N/A PC GENERAL OPERATING SUPPORT 72,000

ENCOUNTER PROGRAMS INC

1 W 4TH STREET
NEW YORK,NY10012 		N/A PC GENERAL OPERATING SUPPORT 50,000

FACING HISTORY & OURSELVES INC

89 SOUTH STREET SUITE 401
BOSTON,MA02111 		N/A PC GENERAL OPERATING SUPPORT 5,000

FIGHT HATE INC

155 N DEAN STREET 3RD FL C
ENGLEWOOD,NJ07631 		N/A PC GENERAL OPERATING SUPPORT 36,000

FRIENDS OF UNITED HATZALAH INC

442 FIFTH AVENUE SUITE 1866
NEW YORK,NY10018 		N/A PC GENERAL OPERATING SUPPORT 25,000

FRIENDSHIP CIRCLE NEW JERSEY INC

10 MICROLAB ROAD
LIVINGSTON,NJ07039 		N/A PC GENERAL OPERATING SUPPORT 1,000

GREATER NEW YORK COUNCILS BOY SCOUTS OF AMERICA

475 RIVERSIDE DRIVE
NEW YORK,NY10115 		N/A PC TO SUPPORT THE JOHN C. WHITEHEAD CAMPERSHIP FUND 500

HABITAT FOR HUMANITY OF GREATER PALM BEACH COUNTY

181 SE 5TH AVENUE
DELRAY BEACH,FL33483 		N/A PC GENERAL OPERATING SUPPORT 500

HARLEM CHILDREN'S ZONE INC

35 EAST 125TH STREET
NEW YORK,NY10035 		N/A PC GENERAL OPERATING SUPPORT 25,000

HILLEL THE FOUNDATION FOR JEWISH CAMPUS LIFE

777 GLADES ROAD BLDG LY 3A
BOCA RATON,FL33431 		N/A PC GENERAL OPERATING SUPPORT 1,000

HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS INC

99 CANAL CENTER PLAZA SUITE 320
ALEXANDRIA,VA22314 		N/A PC GENERAL OPERATING SUPPORT 115,000

INTERFAITH FOOD PANTRY OF THE ORANGES INC

56 LAKE ROAD
SHORT HILLS,NJ07078 		N/A PC GENERAL OPERATING SUPPORT 7,500

ISRAEL TENNIS CENTERS FOUNDATION INC

165 EAST 56TH STREET 2ND FLOOR
NEW YORK,NY10022 		N/A PC GENERAL OPERATING SUPPORT 1,000

JESPY HOUSE INC

102 PROSPECT STREET
SOUTH ORANGE,NJ07079 		N/A PC GENERAL OPERATING SUPPORT 1,000,000

JEWISH ASSOCIATION FOR RESIDENTIAL CARE INC

21160 95TH AVENUE S
BOCA RATON,FL33428 		N/A PC GENERAL OPERATING SUPPORT 210,000

JEWISH COMMUNITY HOUSING CORPORATION

651 W MOUNT PLEASANT AVE SUITE 185
LIVINGSTON,NJ07039 		N/A PC GENERAL OPERATING SUPPORT 500

JEWISH FEDERATION OF SOUTH PALM BEACH COUNTY INC

9901 DONNA KLEIN BOULEVARD
BOCA RATON,FL33428 		N/A PC GENERAL OPERATING SUPPORT 125,400

JEWISH HEALTH ORGANIZATION

20 PARK PLAZA SUITE 442
BOSTON,MA02116 		N/A PC GENERAL OPERATING SUPPORT 100,000

JEWISH NATIONAL FUND KEREN KAYEMETH LEISRAEL INC

42 EAST 69TH STREET
NEW YORK,NY10021 		N/A PC GENERAL OPERATING SUPPORT 110,000

JEWISH SERVICE FOR THE DEVELOPMENTALLY DISABLED OF METROWEST INC

310 EISENHOWER PARKWAY
LIVINGSTON,NJ07039 		N/A PC GENERAL OPERATING SUPPORT 5,000

JEWISH VOCATIONAL SERVICES OF METROWEST

7 GLENWOOD AVENUE LOWER LEVEL
EAST ORANGE,NJ07017 		N/A PC GENERAL OPERATING SUPPORT 5,000

JEWS UNITED FOR JUSTICE INC

PO BOX 41485
WASHINGTON,DC20018 		N/A PC GENERAL OPERATING SUPPORT 100,000

KIPP NEW YORK INC

1501 BROADWAY SUITE 1000
NEW YORK,NY10036 		N/A PC GENERAL OPERATING SUPPORT 10,000

LAWYERS FOR CHILDREN INC

110 LAFAYETTE STREET
NEW YORK,NY10013 		N/A PC GENERAL OPERATING SUPPORT 2,000

LISA B FISHMAN FOUNDATION INC

11 WEDGEWOOD DRIVE
MONTVILLE,NJ07045 		N/A PC GENERAL OPERATING SUPPORT 500

MEMORIAL SLOAN-KETTERING CANCER CENTER

1275 YORK AVENUE
NEW YORK,NY10065 		N/A PC TO SUPPORT CYCLE FOR SURVIVAL 1,000

MIRIAMS KITCHEN

2401 VIRGINIA AVENUE NW
WASHINGTON,DC20037 		N/A PC GENERAL OPERATING SUPPORT 500

MOVING TRADITIONS

8380 OLD YORK ROAD SUITE 4300
ELKINS PARK,PA19027 		N/A PC GENERAL OPERATING SUPPORT 50,000

MRCC FOUNDATION INC

713 PASSAIC AVENUE
WEST CALDWELL,NJ07006 		N/A PC GENERAL OPERATING SUPPORT 5,000

NATIONAL COUNCIL OF JEWISH WOMEN INCORPORATED

2055 L STREET NW SUITE 650
WASHINGTON,DC20036 		N/A PC GENERAL OPERATING SUPPORT 250,000

NATIONAL FOUNDATION FOR FACIAL RECONSTRUCTION INC

333 EAST 30TH STREET LOBBY UNIT
NEW YORK,NY10016 		N/A PC GENERAL OPERATING SUPPORT 500

NEW JERSEY PERFORMING ARTS CENTER CORPORATION

ONE CENTER STREET
NEWARK,NJ07102 		N/A PC GENERAL OPERATING SUPPORT 2,000,000

NEW YORK HISTORICAL SOCIETY

170 CENTRAL PARK WEST
NEW YORK,NY10024 		N/A PC GENERAL OPERATING SUPPORT 20,000

NLI USA INC

25 WEST 45TH STREET SUITE 504
NEW YORK,NY10036 		N/A PC GENERAL OPERATING SUPPORT 1,000

NYU LANGONE HOSPITALS

550 FIRST AVENUE
NEW YORK,NY10016 		N/A PC GENERAL OPERATING SUPPORT 5,000

OPERATION SMILE INC

3641 FACULTY BOULEVARD
VIRGINIA BEACH,VA23453 		N/A PC GENERAL OPERATING SUPPORT 500

OPPORTUNITY PROJECT INC

C/O CORP FINANCE 2 CRESCENT PLACE
OCEANPORT,NJ07757 		N/A PC GENERAL OPERATING SUPPORT 500

OUR CHILDREN HAVE RIGHTS ORG INC

5173 BAY ISLE CIRCLE
CLEARWATER,FL33760 		N/A PC GENERAL OPERATING SUPPORT 5,000

PAPER MILL PLAYHOUSE

22 BROOKSIDE DRIVE
MILLBURN,NJ07041 		N/A PC GENERAL OPERATING SUPPORT 1,200

PARK CITY JEWISH COLLECTIVE INC

PARK CITY
PARK CITY,UT84060 		N/A PC GENERAL OPERATING SUPPORT 50,000

PRAGER UNIVERSITY FOUNDATION

15021 VENTURA BOULEVARD SUITE 552
SHERMAN OAKS,CA91403 		N/A PC GENERAL OPERATING SUPPORT 10,000

RAYMOND F KRAVIS CENTER FOR THE PERFORMING ARTS INC

701 OKEECHOBEE BOULEVARD
WEST PALM BEACH,FL33401 		N/A PC GENERAL OPERATING SUPPORT 200,000

REWILD

PO BOX 129
AUSTIN,TX78767 		N/A PC GENERAL OPERATING SUPPORT 80,000

ROBIN HOOD FOUNDATION

826 BROADWAY 9TH FLOOR
NEW YORK,NY10003 		N/A PC GENERAL OPERATING SUPPORT 1,000,000

RUTH AND NORMAN RALES JEWISH FAMILY SERVICES INC

21300 COLEMAN BOULEVARD
BOCA RATON,FL33428 		N/A PC GENERAL OPERATING SUPPORT 826,000

RWJ BARNABAS HEALTH INC

C/O CORP FINANCE 2 CRESCENT PLACE
OCEANPORT,NJ07757 		N/A PC TO SUPPORT THE COOPERMAN BARNABAS MEDICAL CENTER 5,000,500

SAMARITANS 365 FOUNDATION INC KINDNESS MATTERS 365

20423 STATE ROAD 7 SUITE F6-268
BOCA RATON,FL33498 		N/A PC GENERAL OPERATING SUPPORT 105,000

SUNRISE DAY CAMPS ASSOCIATION INC

11 NEIL COURT
OCEANSIDE,NY11572 		N/A PC GENERAL OPERATING SUPPORT 10,000

THE ABRAHAM INITIATIVES INC

1460 BROADWAY
NEW YORK,NY10036 		N/A PC GENERAL OPERATING SUPPORT 1,000

THE ALEPH INSTITUTE INC

9540 COLLINS AVENUE
SURFSIDE,FL33154 		N/A PC GENERAL OPERATING SUPPORT 250,000

THE ART STUDENTS LEAGUE OF NEW YORK INC

215 WEST 57TH STREET
NEW YORK,NY10019 		N/A PC GENERAL OPERATING SUPPORT 10,000

THE BEATING THE ODDS FOUNDATION

312 SWEET CHERRY COURT
HOLLIDAYSBURG,PA16648 		N/A PC GENERAL OPERATING SUPPORT 5,000

THE BRONX COMMUNITY FOUNDATION INC

557 GRAND CONCOURSE SUITE 125
BRONX,NY10451 		N/A PC GENERAL OPERATING SUPPORT 500,000

THE CENTER FOR JEWISH CAMPUS LIFE INC

565 MAYFIELD AVENUE
STANFORD,CA94305 		N/A PC GENERAL OPERATING SUPPORT 140,000

THE HONEY ISRAEL FOUNDATION FOR ISRAEL

191 CHARLTON AVENUE
SOUTH ORANGE,NJ07079 		N/A PC GENERAL OPERATING SUPPORT 25,000

THE JEWISH MUSEUM

1109 FIFTH AVENUE
NEW YORK,NY10128 		N/A PC GENERAL OPERATING SUPPORT 10,000

THE LIFE YOU CAN SAVE

975 WARD ROAD
SEQUIM,WA98382 		N/A PC GENERAL OPERATING SUPPORT 200,000

THE LINKS FOUNDATION INCORPORATED

1200 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20005 		N/A PC GENERAL OPERATING SUPPORT 1,000

THE MOUNT SINAI HOSPITAL

ONE GUSTAVE L LEVY PLACE
NEW YORK,NY10029 		N/A PC GENERAL OPERATING SUPPORT 500

THE MUSEUM OF LANGUAGE ARTS INC

925 13TH STREET NW
WASHINGTON,DC20005 		N/A PC GENERAL OPERATING SUPPORT 25,000

THE SHALEM FOUNDATION

1216 BROADWAY 2ND FLOOR
NEW YORK,NY10022 		N/A PC GENERAL OPERATING SUPPORT 150,000

THE TRUSTEES COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK

615 WEST 131ST STREET MC 8741
NEW YORK,NY10027 		N/A PC TO SUPPORT THE COLUMBIA BUSINESS SCHOOL 25,000

THE UNITED STATES HOLOCAUST MEMORIAL MUSEUM

100 RAOUL WALLENBERG PLACE SW
WASHINGTON,DC20024 		N/A PC GENERAL OPERATING SUPPORT 10,000

TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA

3451 WALNUT STREET ROOM 310
PHILADELPHIA,PA19104 		N/A PC TO SUPPORT THE CENTER FOR NEURODEGENERATIVE DISEASE RESEARCH 500

UNION FOR REFORM JUDAISM

633 3RD AVENUE FLOOR 7
NEW YORK,NY10017 		N/A PC TO SUPPORT THE RELIGIOUS ACTION CENTER (RAC) 250,000

UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK INC

130 EAST 59TH STREET
NEW YORK,NY10022 		N/A PC TO SUPPORT THE ISRAEL EMERGENCY DAY AFTER FUND 2,000,000

VOLUNTEER LAWYERS FOR JUSTICE INC

PO BOX 32040
NEWARK,NJ07102 		N/A PC GENERAL OPERATING SUPPORT 500

WALL STREET SYNAGOGUE INC

47 BEEKMAN STREET
NEW YORK,NY10038 		N/A PC GENERAL OPERATING SUPPORT 100

WASHINGTON INSTITUTE FOR NEAR EAST POLICY

1111 19TH STREET NW SUITE 500
WASHINGTON,DC20036 		N/A PC GENERAL OPERATING SUPPORT 20,000

WEITZMAN NATIONAL MUSEUM OF AMERICAN JEWISH HISTORY

101 SOUTH INDEPENDENCE MALL EAST
PHILADELPHIA,PA19106 		N/A PC GENERAL OPERATING SUPPORT 5,000

WHITE HOUSE HISTORICAL ASSOCIATION

740 JACKSON PLACE NW
WASHINGTON,DC20006 		N/A PC GENERAL OPERATING SUPPORT 10,000

YORK STREET PROJECT

89 YORK STREET
JERSEY CITY,NJ07302 		N/A PC GENERAL OPERATING SUPPORT 500

YOUTH IMPROVING NON-PROFITS FOR CHILDREN

535 8TH AVENUE SUITE 1400
NEW YORK,NY10018 		N/A PC GENERAL OPERATING SUPPORT 10,000

YOUTH RENEWAL FUND

1460 BROADWAY
NEW YORK,NY10036 		N/A PC GENERAL OPERATING SUPPORT 250,000
Total .................................right arrow 3a 22,329,072
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities .... 525990 34,125 14 168,574,316  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		525990 361,557 18 1,765,368  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME THRU K-1S, NET OF UBI 		525990 -25,243,636 14 25,243,636  
bGRANT REFUND     01 10,000  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -24,847,954 195,593,320 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
170,745,366
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2024)
Form 990-PF (2024)
Page 13
Part XVI
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.
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May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
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Firm's name Right Arrow
 Firm's EIN Right Arrow
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 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
THE LEON AND TOBY COOPERMAN FAMILY
 
FOUNDATION
EIN:
13-3102941
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 175,000 87,500   87,500

TY 2024 GeneralExplanationAttachment
Name:
THE LEON AND TOBY COOPERMAN FAMILY
 
FOUNDATION
EIN:
13-3102941
Identifier Return Reference Explanation
  FORM 990-PF, PART VI-A, LINE 11 - SCHEDULE OF CONTROLLED ENTITIES NAME OF CONTROLLED ENTITY - BASEPOINT OPPORTUNITY FUND I L.P.EMPLOYER ID NO - 99-3163635ADDRESS - 75 ROCKEFELLER PLAZA, SUITE 16C, NEW YORK, NY 10019EXCESS BUSINESS HOLDINGS [ ] YES [X] NOTRANSFERS TO CONTROLLED ENTITY:AMOUNT OF TRANSFER - $246,049,338DESCRIPTION OF TRANSFER - CASHTRANSFERS FROM CONTROLLED ENTITY:AMOUNT OF TRANSFER - $16,521,762DESCRIPTION OF TRANSFER - CASHNAME OF CONTROLLED ENTITY - BP-LGC PORTFOLIO 2, LLCEMPLOYER ID NO - 88-1281161ADDRESS - 7118 MELROSE CASTLE LANE, BOCA RATON, FL 33496EXCESS BUSINESS HOLDINGS [ ] YES [X] NOTRANSFERS TO CONTROLLED ENTITY:AMOUNT OF TRANSFER - $60,974,360DESCRIPTION OF TRANSFER - CASHTRANSFERS FROM CONTROLLED ENTITY:AMOUNT OF TRANSFER - $84,928,078DESCRIPTION OF TRANSFER - CASH

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE LEON AND TOBY COOPERMAN FAMILY
 
FOUNDATION
EIN:
13-3102941
Name of Bond End of Year Book Value End of Year Fair Market Value
98POINT6 CONVERTIBLE NOTES 1,096,653.000 QUANTITY 1,096,653 1,096,653
LIGADO 1L 2024-2 FIRST OUT (6/24) 1,294,162.340 QUANTITY 1,241,531 1,351,722
LIGADO 2023 FIRST OUT LOANS (63330) 1,197,485.560 QUANTITY 997,486 1,011,248
LIGADO NETWORKS LLC 144A PIK 17.5% 05/01/2024 DTD 84,220,883.690 QUANTITY 36,220,863 33,688,353
LIGADO NETWORKS LLC SR NT 144A VA RT 11/01/2023 DTD 198,285,243.000 QUANTITY 83,820,287 63,451,278
LIGADO NEW MONEY DIP (1/25) 19,497,895.150 QUANTITY 1,472,955 555,069
LIGHTSQUARED 1.5L TL (12/22) 3,215,615.180 QUANTITY 902,084 1,315,508
NEW LIGHTSQUARED 1.5 TERM LOAN (5/20) 14,106,910.64 QUANTITY 7,305,513 12,696,220
THUNDERBIRD RESOURCES LP 20.000% DUE 02/28/24 17,992,209.490 QUANTITY 7,856,041 8,917,004

TY 2024 InvestmentsCorpStockSchedule
Name:
THE LEON AND TOBY COOPERMAN FAMILY
 
FOUNDATION
EIN:
13-3102941
Name of Stock End of Year Book Value End of Year Fair Market Value
ASPEN GROUP, INC. (ASPU) 1,820,827.000 SHARES 7,154,973 310,269
EURODEKANIA 2,603,242.000 SHARES 2,132,720 864,401
SIERRA METALS INC. 958,318.000 SHARES 482,854 617,852

TY 2024 InvestmentsOtherSchedule2
Name:
THE LEON AND TOBY COOPERMAN FAMILY
 
FOUNDATION
EIN:
13-3102941
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BASEPOINT OPPORTUNITY FUND I L.P. AT COST 256,049,337 256,049,336
CAPITAL Z PARTNERS (FIDELIS), L.P. AT COST 0 4,074,642
CAPITAL Z PARTNERS (MGA), L.P. AT COST 708,129 5,953,786
CAPITALSPRING INVESTMENT PARTNERS V PARALLEL III, LP AT COST 4,093,717 11,543,905
CHATHAM ASSET PRIVATE DEBT AND STRATEGIC CAPITAL FUND, LP AT COST 13,296,679 25,803,535
CHATHAM ASSET PRIVATE DEBT AND STRATEGIC CAPITAL OFFSHORE FUND II, LP AT COST 6,589,691 13,312,494
DIXIE BRANDS INC. WARRANTS 215,054.000 QUANTITY AT COST 2,000,002 228
EJF INVESTMENTS LIMITED AT COST 811,602 1,463,500
GREEN THUMB INDUSTRIES WARRANTS 35,270.000 QUANTITY AT COST 513,504 515,002
GSO CAPITAL SOLUTIONS OVERSEAS FEEDER FUND III LP AT COST 909,591 961,112
LIGADO NETWORKS LLC 230,115.840 PREFERRED SHARES AT COST 53,326,482 10,815,444
MARITIME CREDIT CORPORATION LTD. 250,000.000 PREFERRED SHARES AT COST 1,469,827 80,500
MAXIM INCOME OPPORTUNITY FUND III, L.P. AT COST 4,983,423 4,999,868
MAXIM INCOME OPPORTUNITY FUND IV, L.P. AT COST 9,986,234 10,000,215
MAXIM INCOME OPPORTUNITY FUND, II L.P. AT COST 5,052,174 5,000,137
MIDDLETON OPEN SEASON PARTNERS I LLC AT COST 1,989,701 1,888,600
MT NUTRITION II CO-INVESTMENT A LP AT COST 1,030,423 1,128,925
NUT TREE OFFSHORE FUND, LTD. AT COST 2,606,445 3,201,973
ORCM HELIUM LP AT COST 957,137 2,497,745
ORCM HELIUM OFFSHORE II LP AT COST 629,398 720,220
ORCM HELIUM OFFSHORE LP AT COST 756,456 865,613
PAYMENT WORKS 3,500,000.000 A-1 PREFERRED SHARES AT COST 3,500,000 3,501,167
PRIME STORAGE FUND II CV, LLC AT COST 2,092,106 2,032,433
RREF II DOMESTIC INVESTORS, LP AT COST 997,922 692,631
RREF IV DEBT DOMESTIC INVESTORS, LP AT COST 3,912,090 3,941,075
RS CRYPTO INCOME FUND, LP AT COST 2,000,000 2,085,966
RS LOW BETA OPPORTUNITY FUND, LP AT COST 9,237,079 11,251,686
STAR MOUNTAIN PARTNERS FUND IV LLC AT COST 2,785,518 2,785,518
TACONIC EUROPEAN CREDIT DISLOCATION OFFSHORE FUND II L.P. AT COST 2,148,829 2,255,102
TAMARIX CAPITAL PARTNERS II, L.P. AT COST 5,225,711 5,332,316
WHITEHAWK FINCO CORP. 2,517.007 PREFERRED SHARES AT COST 2,517,007 2,517,007
WSREF 4000CT LENDER, LP AT COST 2,515,326 1,821,845

TY 2024 LegalFeesSchedule
Name:
THE LEON AND TOBY COOPERMAN FAMILY
 
FOUNDATION
EIN:
13-3102941
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
GENERAL AND ADMINISTRATIVE LEGAL COUNSEL 175,000 87,500   87,500


TY 2024 OtherExpensesSchedule
Name:
THE LEON AND TOBY COOPERMAN FAMILY
 
FOUNDATION
EIN:
13-3102941
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK CHARGES 326 0   326
OFFICE AND OTHER EXPENSES 200,000 0   0
OTHER K-1 EXPENSES, NET OF UBI 0 1,829,649   0


TY 2024 OtherIncomeSchedule2
Name:
THE LEON AND TOBY COOPERMAN FAMILY
 
FOUNDATION
EIN:
13-3102941
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
GRANT REFUND 10,000   10,000


TY 2024 OtherLiabilitiesSchedule
Name:
THE LEON AND TOBY COOPERMAN FAMILY
 
FOUNDATION
EIN:
13-3102941
Description Beginning of Year - Book Value End of Year - Book Value
CASH OVERDRAFT 599,350 0


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TY 2024 OtherNotesLoansRcvblLongSch
Name:
THE LEON AND TOBY COOPERMAN FAMILY
 
FOUNDATION
EIN:
13-3102941

Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
ASPEN GROUP INC NONE 5,000,000 5,000,000 2022-03 2027-03 AT MATURITY DATE OR BY ACCELARATION 1200.0000000000 % INTEREST IN, LIEN ON, AND PLEDGE OF COLLATERAL AS DESCRIBED IN AGREEMENT PURCHASE EQUITY INTEREST IN CALM WATERS PARTNERSHIP NONE 0
LIGADO NETWORKS LLC NONE 2,330,053 1,167,349 2022-12 2024-02 LATER OF 02/02/2024 OR 6 MONTHS AFTER SETTLEMENT OF NEW FIRST LIEN NOTES 100.0000000000 % GUARANTEES/SECURITY INTERESTS SET FORTH OR CREATED PER THE CREDIT AGREEMENT TO PAY 1.5L PIK INCENTIVE FEE IN CONNECTION WITH THE FIRST LIEN AGREEMENT NONE 0
LIGADO NETWORKS LLC NONE 2,000,000 3,963,213 2022-12 2023-11 UPON SEVEN (3) BUSINESS DAYS' PRIOR NOTICE TO THE LENDER OR AT MATURITY DATE 1550.0000000000 % ALL PROPERTY PLEDGED OR GRANTED PURSUANT TO THE LOAN SECURITY AGREEMENT WORKING CAPITAL, CAPITAL EXPENDITURES, PROFESSIONAL FEES & GENERAL CORPORATE NONE 0
LIGADO NETWORKS LLC NONE 2,000,000 2,740,896 2023-07 2023-11 ON THE MATURITY DATE 1550.0000000000 % ALL PROPERTY PLEDGED OR GRANTED PURSUANT TO THE LOAN SECURITY AGREEMENT FOR GENERAL CORPORATE PURPOSES IN ACCORDANCE WITH THE BUDGET NONE 0
LIGADO NETWORKS LLC NONE 4,500,000 7,396,627 2023-11 2023-11 ON THE MATURITY DATE 1550.0000000000 % ALL PROPERTY PLEDGED OR GRANTED PURSUANT TO THE LOAN SECURITY AGREEMENT FOR GENERAL CORPORATE PURPOSES IN ACCORDANCE WITH THE BUDGET NONE 0

TY 2024 OtherProfessionalFeesSchedule
Name:
THE LEON AND TOBY COOPERMAN FAMILY
 
FOUNDATION
EIN:
13-3102941
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADMINISTRATION 121,250 60,625   60,625


TY 2024 TaxesSchedule
Name:
THE LEON AND TOBY COOPERMAN FAMILY
 
FOUNDATION
EIN:
13-3102941
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES THRU K-1'S 0 17,817   0
FEDERAL EXCISE TAX PAID 200,000 0   0