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 01-01-2024 , and ending 12-31-2024
Name of foundation
THE Z S & M WILF FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)820 MORRIS TURNPIKE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SHORT HILLS, NJ07078
A Employer identification number

22-3553441
B Telephone number (see instructions)

(973) 924-8246
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$164,768,426J Accounting method:
MODIFIED CASH
(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) 3,000,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 8,664 8,664  
4 Dividends and interest from securities... 5,169,888 5,169,888  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -323,122
b Gross sales price for all assets on line 6a 18,929,751
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
306,742 614,894  
12 Total. Add lines 1 through 11........ 8,162,172 5,793,446  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,519 0   10,519
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
2,978 2,978   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
796 765   31
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 14,293 3,743   10,550
25 Contributions, gifts, grants paid....... 9,167,733 9,167,733
26 Total expenses and disbursements. Add lines 24 and 25 9,182,026 3,743   9,178,283
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,019,854
b Net investment income (if negative, enter -0-) 5,789,703
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............. 15,000    
2 Savings and temporary cash investments......... 13,468,802 16,346,239 16,346,239
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 arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 1,022,056 Click to see attachment
List of Attached Documents:
// Content
748,705 		748,705
b Investments—corporate stock (attach schedule)....... 61,645,021 Click to see attachment
List of Attached Documents:
// Content
74,486,307 		74,486,307
c Investments—corporate bonds (attach schedule)....... 63,670,736 Click to see attachment
List of Attached Documents:
// Content
63,364,320 		63,364,320
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).......... 7,831,811 Click to see attachment
List of Attached Documents:
// Content
9,822,855 		9,822,855
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) 147,653,426 164,768,426 164,768,426
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)    
23 Total liabilities (add lines 17 through 22)......... 0 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........... 147,653,426 164,768,426
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)..... 147,653,426 164,768,426
30 Total liabilities and net assets/fund balances (see instructions). 147,653,426 164,768,426
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
147,653,426
2
Enter amount from Part I, line 27a .....................
2
-1,019,854
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
18,134,854
4
Add lines 1, 2, and 3 ..........................
4
164,768,426
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
164,768,426
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      
b
c
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 18,929,751   19,252,873 -323,122
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -323,122
b
c
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 -323,122
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 80,477
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 80,477
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 80,477
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 244,153
b Exempt foreign organizations—tax withheld at source...... 6b 0
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.............. 7 244,153
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 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 163,676
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow163,676 Refundedright arrow 11 0
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
 
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:
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 .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
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
 
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 addressright arrowN/A
14
The books are in care ofright arrowPKF O'CONNOR DAVIES ADVISORY LLC Telephone no.right arrow (212) 286-2600

Located atright arrow245 PARK AVENUE 12TH FLOORNEW YORKNY ZIP+4right arrow10167
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)
 
No
(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
 
 
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
ZYGMUNT WILF PRESIDENT, TREASURER & TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
MARK WILF VICE PRESIDENT, SECRETARY & TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
ELIZABETH WILF TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
LEONARD WILF TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
ELANA WILF TANZMAN TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
JASON WILF TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
JONATHAN WILF TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
STEVEN WILF TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
STEPHANIE WILF TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
RACHEL S WILF TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
DANIEL WILF TRUSTEE
0.25 		0 0 0
820 MORRIS TURNPIKE
SHORT HILLS,NJ07078
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
NONE
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
142,195,988
b
Average of monthly cash balances.......................
1b
11,795,165
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
153,991,153
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
153,991,153
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,309,867
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
151,681,286
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
7,584,064
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
7,584,064
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
80,477
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
80,477
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,503,587
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
7,503,587
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
7,503,587
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
9,178,283
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
9,178,283
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 7,503,587
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......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023...... 3,783,614
f Total of lines 3a through e ........ 3,783,614
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 9,178,283
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..... 7,503,587
e Remaining amount distributed out of corpus 1,674,696
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 5,458,310
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) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		5,458,310
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023.... 3,783,614
e Excess from 2024.... 1,674,696
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).)
ZYGMUNT WILF
MARK WILF
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

AMERICAN FRIENDS OF OR NATIONAL MISSIONS

36 W 44TH STREET SUITE 1412
NEW YORK,NY10036 		N/A PC PROGRAM SUPPORT 100,000

AMERICAN ISRAEL EDUCATION FOUNDATION INC

251 H STREET NW
WASHINGTON,DC20001 		N/A PC GENERAL OPERATING SUPPORT 75,000

AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC

220 EAST 42ND STREET
NEW YORK,NY10017 		N/A PC GENERAL OPERATING SUPPORT 36,000

ANTI-DEFAMATION LEAGUE

605 THIRD AVE 9TH FL
NEW YORK,NY10158 		N/A PC GENERAL OPERATING SUPPORT 36,000

BAT SHEVA MITZVAH CAMPAIGN INC

910 SALEM AVE
HILLSIDE,NJ07205 		N/A PC CAPITAL SUPPORT 5,000

BIRTHRIGHT ISRAEL FOUNDATION

711 THIRD AVENUE 10TH FLOOR
NEW YORK,NY10017 		N/A PC BENEFIT SUPPORT 25,000

BIRTHRIGHT ISRAEL FOUNDATION

711 THIRD AVENUE 10TH FLOOR
NEW YORK,NY10017 		N/A PC PROGRAM SUPPORT 250,000

BRIS AVROHOM CENTER

910 SALEM AVENUE
HILLSIDE,NJ07205 		N/A PC GENERAL OPERATING SUPPORT 15,000

CALIFORNIA INSTITUTE OF TECHNOLOGY

1200 EAST CALIFORNIA BLVD
PASADENA,CA91125 		N/A PC PROGRAM SUPPORT 100,000

CENTER FOR JEWISH CULTURE AND CREATIVITY

2248 BROADWAY 1559
LOS ANGELES,CA10024 		N/A PC PROGRAM SUPPORT 100,000

CHAMAH

420 LEXINGTON AVENUE
NEW YORK,NY10170 		N/A PC GENERAL OPERATING SUPPORT 4,300

CLAL - THE NATIONAL JEWISH CENTER FOR LEARNING AND LEADERSHIP INC

440 PARK AVENUE SOUTH
NEW YORK,NY10016 		N/A PC GENERAL OPERATING SUPPORT 10,000

CONFERENCE OF PRESIDENTS OF MAJOR JEWISH ORGANIZATIONS

633 THIRD AVENUE 21ST FLOOR
NEW YORK,NY10017 		N/A PC GENERAL OPERATING SUPPORT 15,000

CONGREGATION BEIS YISROEL

2835 SALEM AVENUE
ST LOUIS PARK,MN55416 		N/A PC PROGRAM SUPPORT 2,000

CONGREGATION ETZ CHAIM

1 LAFAYETTE DRIVE
LIVINGSTON,NJ07039 		N/A PC CAPITAL SUPPORT 50,000

CONGREGATION ETZ CHAIM

1 LAFAYETTE DRIVE
LIVINGSTON,NJ07039 		N/A PC GENERAL OPERATING SUPPORT 28,150

CONGREGATION ETZ CHAIM

1 LAFAYETTE DRIVE
LIVINGSTON,NJ07039 		N/A PC BENEFIT SUPPORT 2,500

CONNECTICUT PUBLIC BROADCASTING

1049 ASYLUM AVENUE
HARTFORD,CT06105 		N/A PC PROGRAM SUPPORT 50,000

COUNCIL ON FOREIGN RELATIONS

58 E 68TH STREET
NEW YORK,NY10065 		N/A PC GENERAL OPERATING SUPPORT 25,000

CURE BREAST CANCER FOUNDATION INC

1122 CLIFTON AVENUE
CLIFTON,NJ07013 		N/A PC BENEFIT SUPPORT 12,000

FOLKSBIENE YIDDISH THEATRE INC

36 BATTERY PLACE
NEW YORK,NY10280 		N/A PC PROGRAM SUPPORT 25,000

FRIENDS OF THE ISRAEL FOOTBALL LEAGUE

107 DOWNEY DRIVE
TENAFLY,NJ07670 		N/A PC PROGRAM SUPPORT 100,000

FRIENDS OF UNITED HATZALAH

208 EAST 51ST STREET SUITE 8G
NEW YORK,NY10022 		N/A PC PROGRAM SUPPORT 60,000

HERZL CAMP ASSOCIATION

4330 CEDAR LAKE RD S
MINNEAPOLIS,MN55416 		N/A PC GENERAL OPERATING SUPPORT 5,000

HILLEL AT UNIVERSITY OF MARYLAND

7612 MOWATT LANE
COLLEGE PARK,MD20740 		N/A PC PROGRAM SUPPORT 2,500

HILLEL INTERNATIONAL

800 8TH STREET NW
WASHINGTON,DC20001 		N/A PC GENERAL OPERATING SUPPORT 50,000

JCC OF CENTRAL NJ

1391 MARTINE AVENUE
SCOTCH PLAINS,NJ07076 		N/A PC BENEFIT SUPPORT 5,000

JCC OF CENTRAL NJ

1391 MARTINE AVENUE
SCOTCH PLAINS,NJ07076 		N/A PC GENERAL OPERATING SUPPORT 15,000

JEWISH EDUCATIONAL CENTER

330 ELMORA AVENUE
ELIZABETH,NJ07208 		N/A PC BENEFIT SUPPORT 30,000

JEWISH FAMILY SERVICE OF CENTRAL NEW JERSEY

655 WESTFIELD AVENUE
ELIZABETH,NJ07208 		N/A PC BENEFIT SUPPORT 9,150

JEWISH FAMILY SERVICE OF CENTRAL NEW JERSEY

655 WESTFIELD AVENUE
ELIZABETH,NJ07208 		N/A PC GENERAL OPERATING SUPPORT 40,000

JEWISH FAMILY SERVICE OF CENTRAL NEW JERSEY

655 WESTFIELD AVENUE
ELIZABETH,NJ07208 		N/A PC PROGRAM SUPPORT 2,500

JEWISH FEDERATION HEART OF NJ

230 OLD BRIDGE TURNPIKE
SOUTH RIVER,NJ08882 		N/A PC GENERAL OPERATING SUPPORT 5,000

JEWISH FEDERATION OF GREATER METROWEST NJ

901 ROUTE 10
WHIPPANY,NJ07981 		N/A PC PROGRAM SUPPORT 1,583,333

JEWISH FEDERATIONS OF NORTH AMERICA

25 BROADWAY SUITE 1700
NEW YORK,NY10004 		N/A PC PROGRAM SUPPORT 1,025,000

JEWISH MUSEUM

1109 FIFTH AVENUE
NEW YORK,NY10128 		N/A PC BENEFIT SUPPORT 50,000

JEWISH MUSEUM

1109 FIFTH AVENUE
NEW YORK,NY10128 		N/A PC CAPITAL SUPPORT 400,000

JEWISH MUSEUM

1109 FIFTH AVENUE
NEW YORK,NY10128 		N/A PC GENERAL OPERATING SUPPORT 100,000

JEWISH NATIONAL FUND

42 EAST 69TH STREET
NEW YORK,NY10021 		N/A PC GENERAL OPERATING SUPPORT 10,000

JEWISH NEWS SERVICE INC

40 NONANTUM ST
NEWTON,MA02458 		N/A PC GENERAL OPERATING SUPPORT 25,000

JTA-MJL NEW CORP

520 EIGHTH AVENUE
NEW YORK,NY10018 		N/A PC GENERAL OPERATING SUPPORT 50,000

LIMMUD FSU INTERNATIONAL FOUNDATION

80 CENTRAL PARK WEST APT 2D
NEW YORK,NY10023 		N/A PC PROGRAM SUPPORT 25,000

LUBAVITCH CHEDER DAY SCHOOL

1758 FORD PKWY
SAINT PAUL,MN55116 		N/A PC GENERAL OPERATING SUPPORT 15,000

MARK SCHONWETTER HOLOCAUST EDUCATION FOUNDATION INC

184 SOUTH LIVINGSTON AVE
NORWOOD,NJ07039 		N/A PC BENEFIT SUPPORT 5,000

MIDDLE EAST MEDIA & RESEARCH INSTITUTE

PO BOX 27837
WASHINGTON,DC20038 		N/A PC GENERAL OPERATING SUPPORT 10,000

MIDDLE EAST MEDIA & RESEARCH INSTITUTE

PO BOX 27837
WASHINGTON,DC20038 		N/A PC PROGRAM SUPPORT 10,000

MINNEAPOLIS JEWISH DAY SCHOOL

4330 CEDAR LAKE ROAD
MINNEAPOLIS,MN55416 		N/A PC BENEFIT SUPPORT 1,000

MINNEAPOLIS JEWISH FEDERATION

4330 CEDAR LAKE ROAD SOUTH
MINNEAPOLIS,MN55416 		N/A PC GENERAL OPERATING SUPPORT 12,500

MINNESOTA HILLEL

1521 UNIVERSITY AVE SE
MINNEAPOLIS,MN55414 		N/A PC CAPITAL SUPPORT 20,000

MUSEUM OF JEWISH HERITAGE

36 BATTERY PLACE
NEW YORK,NY10280 		N/A PC BENEFIT SUPPORT 10,000

NCSEJ

1120 20TH STREET NW
WASHINGTON,DC20036 		N/A PC GENERAL OPERATING SUPPORT 1,000

NEW YORK UNIVERSITY SCHOOL OF LAW

22 WASHINGTON SQUARE NORTH
NEW YORK,NY10011 		N/A PC PROGRAM SUPPORT 500,000

NEW YORK UNIVERSITY SCHOOL OF LAW

22 WASHINGTON SQUARE NORTH
NEW YORK,NY10011 		N/A PC GENERAL OPERATING SUPPORT 25,000

NEWARK ACADEMY

91 SOUTH ORANGE AVENUE
LIVINGSTON,NJ07039 		N/A PC GENERAL OPERATING SUPPORT 18,000

OHR TORAH STONE INSTITUTIONS OF ISRAEL

49 WEST 45TH STREET
NEW YORK,NY10036 		N/A PC BENEFIT SUPPORT 10,000

PGA TOUR FIRST TEE FOUNDATION INC

13000 SAWGRASS VILLAGE CIRCLE
PONTE VEDRA BEACH,FL32082 		N/A PC GENERAL OPERATING SUPPORT 100,000

PRINCETON UNIVERSITY

100 OVERLOOK CENTER SUITE 300
PRINCETON,NJ08540 		N/A PC PROGRAM SUPPORT 35,000

PRINCETON UNIVERSITY

100 OVERLOOK CENTER SUITE 300
PRINCETON,NJ08540 		N/A PC GENERAL OPERATING SUPPORT 275,000

PRIZMAH CENTER FOR JEWISH DAY SCHOOLS

254 WEST 54TH STREET 11TH FLOOR
NEW YORK,NY10019 		N/A PC PROGRAM SUPPORT 25,000

REUT USA

21550 OXNARD STREET SUITE 1000
WOODLAND HILLS,CA91367 		N/A PC PROGRAM SUPPORT 75,000

RUTGERS HILLEL

70 COLLEGE AVENUE
NEW BRUNSWICK,NJ08901 		N/A PC CAPITAL SUPPORT 350,000

RUTGERS HILLEL

70 COLLEGE AVENUE
NEW BRUNSWICK,NJ08901 		N/A PC PROGRAM SUPPORT 36,000

SIXPOINT INC

4905 34TH STREET S
SAINT PETERSBURG,FL33711 		N/A PC PROGRAM SUPPORT 75,000

STRUGGLE TO SAVE ETHIOPIAN JEWRY INC

459 COLUMBUS AVENUE
NEW YORK,NY10024 		N/A PC GENERAL OPERATING SUPPORT 36,000

TORAH ACADEMY OF MINNEAPOLIS

2800 JOPPA AVENUE SOUTH
ST LOUIS PARK,MN55416 		N/A PC BENEFIT SUPPORT 1,800

UJA FEDERATION OF NEW YORK

130 EAST 59TH STREET
NEW YORK,NY10022 		N/A PC PROGRAM SUPPORT 50,000

UNION COUNTY TORAH CENTER INC

111 LAUREL PLACE
WESTFIELD,NJ07090 		N/A PC GENERAL OPERATING SUPPORT 5,000

UNITED JEWISH FUND AND COUNCIL

790 SOUTH CLEVELAND
ST PAUL,MN55116 		N/A PC GENERAL OPERATING SUPPORT 12,500

UNIVERSITY OF PENNSYLVANIA

2929 WALNUT STREET
PHILADELPHIA,PA19104 		N/A PC SCHOLARSHIP SUPPORT 1,000,000

VISUAL ARTS CENTER OF NJ

68 ELM STREET
SUMMIT,NJ07901 		N/A PC PROGRAM SUPPORT 50,000

VISUAL ARTS CENTER OF NJ

68 ELM STREET
SUMMIT,NJ07901 		N/A PC CAPITAL PLEDGE 100,000

WEITZMAN NATIONAL MUSEUM JEWISH HISTORY

101 SOUTH INDEPENDENCE MALL EAST
PHILADELPHIA,PA19106 		N/A PC BENEFIT SUPPORT 18,000

YESHIVA UNIVERSITY

500 WEST 185TH STREET
NEW YORK,NY10033 		N/A PC BENEFIT SUPPORT 100,000

YESHIVA UNIVERSITY

500 WEST 185TH STREET
NEW YORK,NY10033 		N/A PC SCHOLARSHIP SUPPORT 1,612,500

YM-YWHA OF UNION COUNTY INC

501 GREEN LANE
UNION,NJ07083 		N/A PC GENERAL OPERATING SUPPORT 15,000
Total .................................right arrow 3a 9,167,733
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 ........... 		    14 8,664  
4 Dividends and interest from securities ....     14 5,169,888  
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 .....     01 306,742  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -323,122  
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 5,162,172 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,162,172
(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.
right arrow right arrow
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-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
THE Z S & M WILF FOUNDATION INC
 
Employer identification number

22-3553441
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
THE Z S & M WILF FOUNDATION INC
  		Employer identification number
22-3553441
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
ELIZABETH WILF
 
820 MORRIS TURNPIKE
 
SHORT HILLS, NJ07078

$ 3,000,000


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

$  


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
THE Z S & M WILF FOUNDATION INC
  		Employer identification number

22-3553441
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
THE Z S & M WILF FOUNDATION INC
  		Employer identification number

22-3553441
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
THE Z S & M WILF FOUNDATION INC
EIN:
22-3553441
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING AND TAX PREPARATION FEES 10,519 0   10,519

TY 2024 ExplnOfNonFilingWithAGStmt
Name:
THE Z S & M WILF FOUNDATION INC
EIN:
22-3553441
Statement:
THE FOUNDATION IS NOT REQUIRED TO FILE A COPY OF THE FEDERAL FORM 990-PF WITH THE NEW JERSEY ATTORNEY GENERAL BECAUSE IT DOES NOT SOLICIT FUNDS FROM THE PUBLIC.

TY 2024 InvestmentsCorpBondsSchedule
Name:
THE Z S & M WILF FOUNDATION INC
EIN:
22-3553441
Name of Bond End of Year Book Value End of Year Fair Market Value
ALLSTATE CORP 3.280% DUE 12/15/26 250,000.000 QTY 244,250 244,250
AMAZON.COM INC 3.150% DUE 8/22/27 500,000.000 QTY 482,760 482,760
ANHEUSER-BUSCH INBEV 4.000% DUE 4/13/28 250,000.000 QTY 245,420 245,420
ANHEUSER-BUSCH INBEV 4.750% DUE 1/23/29 250,000.000 QTY 249,900 249,900
ANTHEM INC 2.875% DUE 9/15/29 250,000.000 QTY 227,395 227,395
ANTHEM INC 3.650% DUE 12/1/27 250,000.000 QTY 243,208 243,208
APPLE INC 0.700% DUE 2/8/26 500,000.000 QTY 480,441 480,441
APPLE INC 3.250% DUE 2/23/26 250,000.000 QTY 246,985 246,985
APPLE INC 3.350% DUE 2/9/27 250,000.000 QTY 244,983 244,983
APPLE INC 3.850% DUE 5/4/43 100,000.000 QTY 82,834 82,834
BANK OF NY MELLON CORP 3.000% DUE 10/30/28 250,000.000 QTY 233,830 233,830
BANK OF NY MELLON CORP 3.250% DUE 5/16/27 250,000.000 QTY 242,628 242,628
BANK OF NY MELLON CORP VAR% DUE 2/7/28 250,000.000 QTY 243,632 243,632
BERKSHIRE HATHAWAY INC 3.125% DUE 3/15/26 500,000.000 QTY 492,325 492,325
BK OF AMER CORP VAR% DTD 1/25/22 2,000,000.000 QTY 1,925,684 1,925,684
BK OF AMER CORP VAR% DUE 6/19/26 500,000.000 QTY 491,836 491,836
BK OF NY MELLON CORP VAR% DTD 8/1/16 1,000,000.000 QTY 976,340 976,340
BOEING CO 6.875% DUE 3/15/39 100,000.000 QTY 105,373 105,373
BP CAP MARKETS PLC VAR% DTD 6/22/20 750,000.000 QTY 743,087 743,087
BRISTOL-MYERS SQUIBB CO 3.250% DUE 2/27/27 500,000.000 QTY 487,800 487,800
CAP ONE FINL CO VAR% DTD 6/10/21 2,000,000.000 QTY 1,902,265 1,902,265
CATERPILLAR INC 2.600% DUE 9/19/29 250,000.000 QTY 227,770 227,770
CIGNA CORP 4.375% DUE 10/15/28 250,000.000 QTY 245,070 245,070
CITIGROUP INC 4.450% DUE 9/29/27 500,000.000 QTY 493,225 493,225
CITIGROUP INC VAR% DTD 10/27/21 2,000,000.000 QTY 1,901,884 1,901,884
CITIGROUP INC VAR% DTD 12/10/20 3,250,000.000 QTY 3,164,276 3,164,276
CITIGROUP INC VAR% DTD 7/30/24 1,500,000.000 QTY 1,581,863 1,581,863
CITIGROUP INC VAR% DTD 9/21/23 500,000.000 QTY 520,917 520,917
COMCAST CORP 3.150% DUE 3/1/26 500,000.000 QTY 492,340 492,340
COMCAST CORP 3.300% DUE 2/1/27 250,000.000 QTY 243,348 243,348
ENERGY TRANSFER LP VAR% DTD 1/22/20 8,610,000.000 QTY 8,641,005 8,641,005
EXXON MOBIL CORP 3.043% DUE 3/1/26 500,000.000 QTY 492,138 492,138
EXXON MOBIL CORPORATION 3.043% DUE 3/1/26 250,000.000 QTY 246,070 246,070
FIFTH THIRD BANCORP VAR% DTD 5/16/13 625,000.000 QTY 623,425 623,425
FIFTH THIRD BANCORP VAR% DTD 6/5/14 2,750,000.000 QTY 2,738,422 2,738,422
FORD MTR CR CO LLC 6.950% DUE 3/6/26 750,000.000 QTY 763,176 763,176
GEN MOTORS FINL CO VAR% DTD 9/20/17 1,000,000.000 QTY 958,509 958,509
GENERAL MOTORS 8.000% DUE 11/1/31 250,000.000 QTY 276,085 276,085
GOLDMAN SACHS CAP II VAR% DTD 5/15/07 3,000,000.000 QTY 2,527,730 2,527,730
GOLDMAN SACHS GROUP INC 3.750% DUE 2/25/26 500,000.000 QTY 494,478 494,478
GOLDMAN SACHS GROUP INC 3.800% DUE 3/15/30 250,000.000 QTY 234,445 234,445
GOLDMAN SACHS GROUP INC VAR% DTD 10/29/21 2,500,000.000 QTY 2,389,318 2,389,318
GOLDMAN SACHS GROUP INC VAR% DTD 9/26/24 1,500,000.000 QTY 1,480,671 1,480,671
GOLDMAN SACHS GROUP INC VAR% DUE 10/21/27 625,000.000 QTY 592,986 592,986
HSBC HOLDINGS PLC VAR% DUE 9/12/26 625,000.000 QTY 629,269 629,269
HUMANA INC 3.950% DUE 3/15/27 500,000.000 QTY 490,440 490,440
IBM CORP 4.500% DUE 2/6/26 500,000.000 QTY 499,630 499,630
INTEL CORP 3.150% DUE 5/11/27 250,000.000 QTY 239,920 239,920
JPMORGAN CHASE & CO 3.200% DUE 6/15/26 250,000.000 QTY 245,268 245,268
JPMORGAN CHASE & CO VAR% DTD 1/23/20 7,125,000.000 QTY 7,093,195 7,093,195
JPMORGAN CHASE & CO VAR% DTD 3/12/24 500,000.000 QTY 522,119 522,119
JPMORGAN CHASE & CO VAR% DUE 10/15/30 500,000.000 QTY 450,410 450,410
JPMORGAN CHASE & CO VAR% DUE 4/22/26 500,000.000 QTY 495,705 495,705
MASTERCARD INC 3.350% DUE 3/26/30 125,000.000 QTY 116,810 116,810
MCKESSON CORP 3.950% DUE 2/16/28 250,000.000 QTY 243,585 243,585
MICROSOFT CORP 3.300% DUE 2/6/27 250,000.000 QTY 244,765 244,765
MORGAN STANLEY 5.000% DUE 11/24/25 500,000.000 QTY 500,818 500,818
NORFOLK SOUTHN CORP 7.050% DUE 5/1/37 100,000.000 QTY 110,213 110,213
NORTHERN TRUST CORP 3.150% DUE 5/3/29 500,000.000 QTY 468,145 468,145
NORTHERN TRUST CORP 3.650% DUE 8/3/28 250,000.000 QTY 241,403 241,403
NOVARTIS CAP CORP 3.000% DUE 11/20/25 500,000.000 QTY 493,659 493,659
PEPSICO INC 2.850% DUE 2/24/26 250,000.000 QTY 245,585 245,585
PEPSICO INC 3.000% DUE 10/15/27 500,000.000 QTY 481,350 481,350
PFIZER INC 3.000% DUE 12/15/26 250,000.000 QTY 243,230 243,230
PFIZER INC 3.450% DUE 3/15/29 250,000.000 QTY 238,315 238,315
PNC BANK NA 3.250% DUE 1/22/28 250,000.000 QTY 239,380 239,380
PRUDENTIAL FINANCIAL INC 3.878% DUE 3/27/28 310,000.000 QTY 301,773 301,773
SOUTHERN CO 3.250% DUE 7/1/26 250,000.000 QTY 244,848 244,848
STARBUCKS CORP 3.500% DUE 3/1/28 500,000.000 QTY 482,265 482,265
STARBUCKS CORP 3.550% DUE 8/15/29 250,000.000 QTY 236,685 236,685
STATE STREET CORP 2.650% DUE 5/19/26 250,000.000 QTY 243,863 243,863
TARGET CORP 2.650% DUE 9/15/30 500,000.000 QTY 445,680 445,680
UNITEDHEALTH GROUP INC 3.450% DUE 1/15/27 250,000.000 QTY 244,648 244,648
US BANCORP 3.100% DUE 4/27/26 500,000.000 QTY 489,280 489,280
USD THOMSON REUTERS 3.350% DUE 5/15/26 250,000.000 QTY 245,460 245,460
VENTAS REALTY LP 3.850% DUE 5/11/27 250,000.000 QTY 244,138 244,138
VERIZON COMMUNICATIONS 4.016% DUE 12/3/29 125,000.000 QTY 119,976 119,976
VERIZON COMMUNICATIONS 6.400% DUE 9/15/33 100,000.000 QTY 107,656 107,656
WALGREENS BOOTS ALLIANCE 3.450% DUE 6/1/26 250,000.000 QTY 241,985 241,985
WALMART INC 3.250% DUE 7/8/29 250,000.000 QTY 237,293 237,293
WALMART INC 3.700% DUE 6/26/28 250,000.000 QTY 244,268 244,268
WELLS FARGO & CO 4.300% DUE 7/22/27 250,000.000 QTY 246,655 246,655
WELLS FARGO & CO VAR% DTD 1/26/21 500,000.000 QTY 485,810 485,810
WELLS FARGO & CO VAR% DTD 7/23/24 1,500,000.000 QTY 1,548,226 1,548,226
WELLS FARGO & CO VAR% DUE 4/25/26 500,000.000 QTY 498,470 498,470

TY 2024 InvestmentsCorpStockSchedule
Name:
THE Z S & M WILF FOUNDATION INC
EIN:
22-3553441
Name of Stock End of Year Book Value End of Year Fair Market Value
ADVERUM BIOTECHNOLOGIES INC (ADVM) 5,000.000 QTY 23,350 23,350
ALPHABET INC CL C (GOOG) 20,000.000 QTY 3,808,800 3,808,800
AMAZON.COM (AMZN) 10,000.000 QTY 2,193,900 2,193,900
AMAZON.COM INC (AMZN) 38,000.000 QTY 8,336,820 8,336,820
APPLE INC (AAPL) 26,000.000 QTY 6,510,920 6,510,920
APPLE INC (AAPL) 62,800.000 QTY 15,726,376 15,726,376
ARCHER-DANIELS-MIDLAND CO (ADM) 13,399.000 QTY 676,917 676,917
AT&T PFD STK 5.000% SER A 20,000.000 QTY 420,800 420,800
AVALONBAY CMMUN INC (AVB) 24,585.000 QTY 5,407,962 5,407,962
BANK OF AMERICA CORP PFD STK 4.125% SER PP 10,000.000 QTY 183,100 183,100
BANK OF AMERICA CORP PFD STK 5.375% SER KK 10,000.000 QTY 226,700 226,700
CAPITAL ONE FINCL CO PFD STK 4.800% SER J 10,000.000 QTY 183,100 183,100
CHEVRON CORP (CVX) 1,700.000 QTY 246,228 246,228
COCA COLA COM (KO) 6,000.000 QTY 373,560 373,560
ELI LILLY & CO (LLY) 10,700.000 QTY 8,260,400 8,260,400
ESSEX PPTY TR INC (ESS) 3,000.000 QTY 856,320 856,320
GRAIL INC (GRAL) 1,366.000 QTY 24,383 24,383
GRAIL INC (GRAL) 333.000 QTY 5,944 5,944
ILLUMINA INC (ILMN) 2,000.000 QTY 267,260 267,260
ILLUMINA INC (ILMN) 8,200.000 QTY 1,095,766 1,095,766
INTEL CORP (INTC) 17,975.000 QTY 360,399 360,399
JOHNSON AND JOHNSON COM (JNJ) 691.000 QTY 99,932 99,932
JOHNSON CONTROLS INTER (JCI) 20,000.000 QTY 1,578,600 1,578,600
JP MORGAN CHASE & CO PFD STK 4.550% SER JJ 10,000.000 QTY 204,700 204,700
JP MORGAN CHASE & CO PFD STK 4.625% SER LL 20,000.000 QTY 416,600 416,600
KENVUE INC (KVUE) 1,678.000 QTY 35,825 35,825
LOWES COMPANIES INC (LOW) 11,000.000 QTY 2,714,800 2,714,800
MCDONALDS CORP (MCD) 700.000 QTY 202,923 202,923
METLIFE INC PFD STK 4.750% SER F 10,000.000 QTY 206,600 206,600
MICROSOFT CORP (MSFT) 5,000.000 QTY 2,107,500 2,107,500
MICROSOFT CORP (MSFT) 5,700.000 QTY 2,402,550 2,402,550
MONDELEZ INTERNATIONAL INC (MDLZ) 5,900.000 QTY 352,407 352,407
MORGAN STANLEY PFD STK 4.250% SER O 10,000.000 QTY 184,100 184,100
NOVARTIS AG-SPONSORED ADR (NVS) 5,000.000 QTY 486,550 486,550
PAYPAL HOLDINGS INC (PYPL) 3,000.000 QTY 256,050 256,050
PFIZER INC (PFE) 5,000.000 QTY 132,650 132,650
SANDOZ GROUP AG-ADR (SDZNY) 1,000.000 QTY 40,500 40,500
SOUTHERN CO PFD STK 4.200% SER 2020C 20,000.000 QTY 378,200 378,200
US BANCORP PFD STK 3.750% SER L 20,000.000 QTY 337,600 337,600
VERIZON COMMUNICATIONS (VZ) 2,500.000 QTY 99,975 99,975
VORNADO REALTY TRUST PFD STK 5.250% SER M 5,000.000 QTY 85,900 85,900
WALMART INC (WMT) 30,000.000 QTY 2,710,500 2,710,500
WALMART INC (WMT) 45,000.000 QTY 4,065,750 4,065,750
WALT DISNEY CO (DIS) 800.000 QTY 89,080 89,080
WALT DISNEY CO (DIS) 970.000 QTY 108,010 108,010

TY 2024 InvestmentsGovtObligationsSch
Name:
THE Z S & M WILF FOUNDATION INC
EIN:
22-3553441
US Government Securities - End of Year Book Value:

0
US Government Securities - End of Year Fair Market Value:

0
State & Local Government Securities - End of Year Book Value:


748,705
State & Local Government Securities - End of Year Fair Market Value:


748,705


TY 2024 InvestmentsOtherSchedule2
Name:
THE Z S & M WILF FOUNDATION INC
EIN:
22-3553441
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ANTARES STRATEGIC CREDIT FUND FMV 2,663,014 2,663,014
BLACKROCK EST CAPITAL 25,000.000 QTY FMV 410,000 410,000
BX STRATEGIC PARTNERS SECONDARIES IX FUND (OFFSHORE) FMV 555,263 555,263
JPM MANAGED INCOME FUND 277,654.210 QTY FMV 2,782,095 2,782,095
JPMORGAN EQUITY PREMIUM INCOME (JEPI) 17,575.000 QTY FMV 1,011,090 1,011,090
JPMRGN PREFER & INC SEC-1 249,107.150 QTY FMV 2,401,393 2,401,393

TY 2024 OtherExpensesSchedule
Name:
THE Z S & M WILF FOUNDATION INC
EIN:
22-3553441
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 765 765   0
BUSINESS REGISTRATION FEES 31 0   31


TY 2024 OtherIncomeSchedule2
Name:
THE Z S & M WILF FOUNDATION INC
EIN:
22-3553441
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME 306,731 614,883 306,731
OTHER INVESTMENT INCOME 11 11 11


TY 2024 OtherIncreasesSchedule
Name:
THE Z S & M WILF FOUNDATION INC
EIN:
22-3553441
Description Amount
UNREALIZED GAIN ON INVESTMENTS 18,134,854


TY 2024 TaxesSchedule
Name:
THE Z S & M WILF FOUNDATION INC
EIN:
22-3553441
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 2,978 2,978   0