Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2025
Open to Public Inspection
For calendar year 2025, or tax year beginning 01 - 01 2025, and ending 12 - 31, 20 25
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
SHORT HILLS
State or province
NJ
Country  
ZIP or foreign postal code
07078
A Employer identification number

22-3553441
B Telephone number (see instructions)

9739248246
C
G Check all that apply:

D 1. Foreign organizations, check here.............
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
H Check type of organization:
F
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)$174,729,600J 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) 5,002,383
2 Check .................
3 Interest on savings and temporary cash investments 299 299  
4 Dividends and interest from securities... 5,460,535 5,460,535  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 25,045,330
b Gross sales price for all assets on line 6a 55,058,187
7 Capital gain net income (from Part IV, line 2)... 25,045,330
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
306,731 614,883  
12 Total. Add lines 1 through 11........ 35,815,278 31,121,047  
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
2,500 0   2,500
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
10,403 0   10,403
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
414,507 9,507   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
531 500   31
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 427,941 10,007   12,934
25 Contributions, gifts, grants paid....... 5,584,483 5,584,483
26 Total expenses and disbursements. Add lines 24 and 25 ................ 6,012,424 10,007   5,597,417
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 29,802,854
b Net investment income (if negative, enter -0-) 31,111,040
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2025)
Form 990-PF (2025)
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.............   10,000 10,000
2 Savings and temporary cash investments......... 16,346,239 30,065,348 30,065,348
3 Accounts receivable  
Less: allowance for doubtful accounts        
4 Pledges receivable  
Less: allowance for doubtful accounts        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule)  
Less: allowance for doubtful accounts        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 748,705 Click to see attachment
List of Attached Documents:
// Content
508,106 		508,106
b Investments—corporate stock (attach schedule)....... 74,486,307 Click to see attachment
List of Attached Documents:
// Content
45,440,762 		45,440,762
c Investments—corporate bonds (attach schedule)....... 63,364,320 Click to see attachment
List of Attached Documents:
// Content
66,613,862 		66,613,862
11 Investments—land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 9,822,855 Click to see attachment
List of Attached Documents:
// Content
32,091,522 		32,091,522
14 Land, buildings, and equipment: basis  
Less: accumulated depreciation (attach schedule)        
15 Other assets (describe )      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 164,768,426 174,729,600 174,729,600
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 )    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 164,768,426 174,729,600
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here
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)..... 164,768,426 174,729,600
30 Total liabilities and net assets/fund balances (see instructions). 164,768,426 174,729,600
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
164,768,426
2
Enter amount from Part I, line 27a .....................
2
29,802,854
3
Other increases not included in line 2 (itemize)
3
0
4
Add lines 1, 2, and 3 ..........................
4
194,571,280
5
Decreases not included in line 2 (itemize) Click to see attachment
List of Attached Documents:
// Content
5
19,841,680
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, line 29, column (b) ..
6
174,729,600
Form 990-PF (2025)
Form 990-PF (2025)
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 55,058,187   30,012,857 25,045,330
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       25,045,330
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 25,045,330
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 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) 1 432,443
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........................... 3 432,443
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- ..... 5 432,443
6 Credits/Payments:
a 2025 estimated tax payments and 2024 overpayment credited to 2025 6a 568,676
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.............. 7 768,676
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....... 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid... 10 336,233
11 Enter the amount of line 10 to be: Credited to 2026 estimated tax336,233 Refunded 11 0
For Refunded amount, also complete and attach Form 8050. See instructions.
Form 990-PF (2025)
Form 990-PF (2025)
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. $ 0(2) On foundation managers.$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.$ 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)
NJ
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 2025 or the taxable year beginning in 2025? 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 addressN/A
14
The books are in care ofPKF O'CONNOR DAVIES ADVISORY LLC Telephone no. (212) 286-2600

Located at245 PARK AVENUE 12TH FLOORNEW YORKNY ZIP+410167
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........
and enter the amount of tax-exempt interest received or accrued during the year ........
15
 
16 At any time during calendar year 2025, 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
Form 990-PF (2025)
Form 990-PF (2025)
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 ........
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 2025? .............
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 2025, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2025?....................
2a
 
No
If "Yes," list the years 20, 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.
20, 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 2025 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 Form 4720, Schedule C, to determine
if the foundation had excess business holdings in 2025.).....................
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 2025? ..
4b
 
No
Form 990-PF (2025)
Form 990-PF (2025)
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 .........
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................... 0
Form 990-PF (2025)
Form 990-PF (2025)
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.........................0
Form 990-PF (2025)
Form 990-PF (2025)
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
146,847,838
b
Average of monthly cash balances.......................
1b
15,695,405
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, 1b, and 1c).......................
1d
162,543,243
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
162,543,243
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,438,149
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
160,105,094
6
Minimum investment return. Enter 5% (0.05) of line 5 ................
6
8,005,255
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
8,005,255
2a
Tax on investment income for 2025 from Part V, line 5 .......
2a
432,443
b
Income tax for 2025. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
432,443
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
7,572,812
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
7,572,812
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
7,572,812
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, line 26, column (d) ..........
1a
5,597,417
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
5,597,417
Form 990-PF (2025)
Form 990-PF (2025)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2024 		(c)
2024 		(d)
2025
1 Distributable amount for 2025 from Part X, line 7 7,572,812
2 Undistributed income, if any, as of the end of 2025:
a Enter amount for 2024 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2025:
a From 2020......  
b From 2021......  
c From 2022......  
d From 2023...... 3,783,614
e From 2024...... 1,674,696
f Total of lines 3a through e ........ 5,458,310
4Qualifying distributions for 2025 from Part
XI, line 4: $ 5,597,417
a Applied to 2024, 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 2025 distributable amount..... 5,597,417
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2025. 1,975,395 1,975,395
(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 3,482,915
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 2024. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2025. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2026 .......... 		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 2020 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2026.
Subtract lines 7 and 8 from line 6a ...... 		3,482,915
10 Analysis of line 9:
a Excess from 2021 ....  
b Excess from 2022 ....  
c Excess from 2023 .... 1,808,219
d Excess from 2024 .... 1,674,696
e Excess from 2025 ....  
Form 990-PF (2025)
Form 990-PF (2025)
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 2025, enter the date of the ruling ......
 
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) 2025 (b) 2024 (c) 2023 (d) 2022
         
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, 3b, or 3c 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 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, 2b, 2c, and 2d. 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 (2025)
Form 990-PF (2025)
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 THE JORDAN RIVER

244 MADISON AVENUE
NEW YORK,NY10016 		N/A   GENERAL OPERATING SUPPORT 10,000

AMERICAN ISRAEL EDUCATION FOUNDATION INC

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

AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE

220 EAST 42ND STREET SUITE 400
NEW YORK,NY10017 		N/A   GENERAL OPERATING SUPPORT 36,000

ANTI-DEFAMATION LEAGUE

605 THIRD AVE 9TH FL
NEW YORK,NY101580180 		N/A   GENERAL OPERATING SUPPORT 36,000

BIRTHRIGHT ISRAEL FOUNDATION

711 THIRD AVENUE 10TH FLOOR
NEW YORK,NY10017 		N/A   GENERAL OPERATING SUPPORT 500,000

BIRTHRIGHT ISRAEL FOUNDATION

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

BRIS AVROHOM CENTER

910 SALEM AVENUE
HILLSIDE,NJ07205 		N/A   PROGRAM SUPPORT 5,000

BRIS AVROHOM CENTER

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

CENTRAL EUROPE CENTER FOR RESEARCH

1141 LOXFORD TERRACE
SILVER SPRING,MD20901 		N/A   TO SUPPORT TWIN CITIES SUMMER 11,000

CHAMAH

420 LEXINGTON AVENUE SUITE 300
NEW YORK,NY10170 		N/A   GENERAL OPERATING SUPPORT 2,500

CLAL-THE NATIONAL JEWISH CENTER FOR LEARNING AND LEADERSHIP INC

440 PARK AVENUE SOUTH
NEW YORK,NY10016 		N/A   GENERAL OPERATING SUPPORT 160,000

CONFERENCE OF PRESIDENTS OF MAJOR JEWISH ORGANIZATIONS

633 THIRD AVENUE 21ST FLOOR
NEW YORK,NY100178157 		N/A   GENERAL OPERATING SUPPORT 25,000

CONGREGATION BEIS YISROEL

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

CONGREGATION ETZ CHAIM

1 LAFAYETTE DRIVE
LIVINGSTON,NJ07039 		N/A   PROGRAM SUPPORT 12,500

CONGREGATION ETZ CHAIM

1 LAFAYETTE DRIVE
LIVINGSTON,NJ07039 		N/A   GENERAL OPERATING SUPPORT 68,150

CONNECTICUT PUBLIC BROADCASTING

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

COOPERMAN BARNABAS MEDICAL CENTER

95 OLD SHORT HILLS ROAD
LIVINGSTON,NJ07039 		N/A   PROGRAM SUPPORT 1,000,000

COUNCIL ON FOREIGN RELATIONS

58 E 68TH STREET
NEW YORK,NY100655953 		N/A   GENERAL OPERATING SUPPORT 25,000

CURE BREAST CANCER FOUNDATION INC

1122 CLIFTON AVENUE
CLIFTON,NJ07013 		N/A   PROGRAM SUPPORT 12,000

FRIENDS OF THE ISRAEL FOOTBALL LEAGUE

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

HENRY STREET SETTLEMENT

265 HENRY STREET
NEW YORK,NY100020000 		N/A   TO SUPPORT THE YOUTH OPPORTUNITY HUB 50,000

HILLEL INTERNATIONAL

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

HILLELS OF GEORGIA INC

1100 SPRING STREET NW SUITE 810
ATLANTA,GA30309 		N/A   GENERAL OPERATING SUPPORT 10,000

JCC OF CENTRAL NJ

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

JCC OF CENTRAL NJ

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

JEWISH FAMILY SERVICE OF CENTRAL NEW JERSEY

655 WESTFIELD AVENUE
ELIZABETH,NJ07208 		N/A   MEMORIAL FUNDS 40,000

JEWISH FAMILY SERVICE OF CENTRAL NEW JERSEY

655 WESTFIELD AVENUE
ELIZABETH,NJ07208 		N/A   TO SUPPORT THE HIGH HOLIDAY FOOD DRIVE 2,500

JEWISH FAMILY SERVICE OF CENTRAL NEW JERSEY

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

JEWISH FAMILY SERVICE OF METROWEST

30A VREELAND ROAD SUITE 301
FLORHAM PARK,NJ07932 		N/A   GALA SPONSORSHIP 10,000

JEWISH FEDERATION HEART OF NJ

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

JEWISH FEDERATION OF GREATER METROWEST NJ

901 ROUTE 10
WHIPPANY,NJ07981 		N/A   GENERAL OPERATING SUPPORT 2,383

JEWISH FEDERATIONS OF NORTH AMERICA

25 BROADWAY SUITE 1700
NEW YORK,NY100041010 		N/A   JPPI SUPPORT 25,000

JEWISH MUSEUM

1109 FIFTH AVENUE
NEW YORK,NY10128 		N/A   TO SUPPORT PURIM BALL 50,000

JEWISH MUSEUM

1109 FIFTH AVENUE
NEW YORK,NY10128 		N/A   GENERAL OPERATING SUPPORT 500,000

JEWISH NATIONAL FUND

42 EAST 69TH STREET
NEW YORK,NY100215093 		N/A   GENERAL OPERATING SUPPORT 10,000

JEWISH NEWS SERVICE INC

831 BEACON STREET SUITE 272
BOSTON,MA02458 		N/A   GENERAL OPERATING SUPPORT 25,000

JTA-MJL NEW CORP

520 EIGHTH AVENUE 4TH FLOOR
NEW YORK,NY10018 		N/A   GENERAL OPERATING SUPPORT 50,000

LIMMUD FSU INTERNATIONAL FOUNDATION

80 CENTRAL PARK WEST APT 2D
NEW YORK,NY100235204 		N/A   GENERAL OPERATING SUPPORT 25,000

LISA B FISHMAN FOUNDATION INC

11 WEDGEWOOD DRIVE
MONTVILLE,NJ07045 		N/A   GENERAL OPERATING SUPPORT 1,000

MIDDLE EAST MEDIA & RESEARCH INSTITUTE

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

MIDDLE EAST MEDIA & RESEARCH INSTITUTE

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

MINNEAPOLIS JEWISH FEDERATION

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

MUSEUM OF JEWISH HERITAGE

36 BATTERY PLACE
NEW YORK,NY10280 		N/A   GENERAL OPERATING SUPPORT 10,000

NCSEJ - NATIONAL COALITION SUPPORTING EURASIAN JEWRY

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

NCSY - NATIONAL CONFERENCE OF SYNAGOGUE YOUTH ORTHODOX UNION

1345 QUEEN ANNE ROAD
TEANECK,NJ07666 		N/A   PROGRAM SUPPORT 20,000

NEW JEWISH NARRATIVE

PO BOX 96065
WASHINGTON,DC200906065 		N/A   GENERAL OPERATING SUPPORT 1,000

NEW YORK UNIVERSITY SCHOOL OF LAW

22 WASHINGTON SQUARE NORTH 2ND FL
NEW YORK,NY10011 		N/A   TO SUPPORT THE WEINFELD LAW FUND 25,000

NEWARK ACADEMY

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

OHR TORAH STONE INSTITUTIONS OF ISRAEL

55 WEST 39TH STREET SUITE 705
NEW YORK,NY10018 		N/A   PROGRAM SUPPORT 10,000

PGA TOUR FIRST TEE FOUNDATION INC

13000 SAWGRASS VILLAGE CIRCLE
PONTE VEDRA BEACH,FL32082 		N/A   PROGRAM SUPPORT 100,000

PINGRY SCHOOL

131 MARTINSVILLE ROAD
BASKING RIDGE,NJ07920 		N/A   GENERAL OPERATING SUPPORT 5,000

PRINCETON UNIVERSITY

100 OVERLOOK CENTER SUITE 300
PRINCETON,NJ08540 		N/A   GENERAL OPERATING SUPPORT 60,000

PRINCETON UNIVERSITY

100 OVERLOOK CENTER SUITE 300
PRINCETON,NJ08540 		N/A   PROGRAM SUPPORT 10,000

PRIZMAH CENTER FOR JEWISH DAY SCHOOLS

254 WEST 54TH STREET 11TH FL
NEW YORK,NY100195516 		N/A   CAPACITY BUILDING SUPPORT 36,000

REUT USA

21550 OXNARD STREET SUITE 1000
WOODLAND HILLS,CA91367 		N/A   TIKKUN OLAM MAKERS SUPPORT 75,000

RUTGERS HILLEL

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

SECURE COMMUNITY NETWORK INC

540 N DEARBORN STREET
CHICAGO,IL60610 		N/A   GENERAL OPERATING SUPPORT 250,000

SIXPOINT INC

4905 34TH STREET S SUITE 412
SAINT PETERSBURG,FL33711 		N/A   PROGRAM SUPPORT 75,000

THE ISRAEL BRIDGE

209 COCONUT KEY DRIVE
PALM BCH GDNS,FL33418 		N/A   TO SUPPORT THE COLLEGE ACCESS PROGRAM 18,000

TORAH ACADEMY OF MINNEAPOLIS

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

UJA FEDERATION OF NEW YORK

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

UNION COUNTY TORAH CENTER INC

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

UNITED JEWISH FUND AND COUNCIL

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

VISUAL ARTS CENTER OF NJ

68 ELM STREET
SUMMIT,NJ07901 		N/A   GENERAL OPERATING SUPPORT 50,000

YESHIVA UNIVERSITY

500 WEST 185TH STREET
NEW YORK,NY10033 		N/A   GENERAL OPERATING SUPPORT 1,612,500

YM-YWHA OF UNION COUNTY INC

501 GREEN LANE
UNION,NJ07083 		N/A   GENERAL OPERATING SUPPORT 15,000
Total ................................. 3a 5,584,483
bApproved for future payment
Total ................................. 3b 0
Form 990-PF (2025)
Form 990-PF (2025)
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 ........... 		    14 299  
4 Dividends and interest from securities ....     14 5,460,535  
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 .....     01 306,731  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 25,045,330  
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 30,812,895 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
30,812,895
(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 (2025)
Form 990-PF (2025)
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.
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Preparer's name Preparer's Signature Date Check if self-
employed 		PTIN
Firm's name
Firm's EIN
Firm's address


Phone no.
Form 990-PF (2025)
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

Attach to Form 990, 990-EZ, or 990-PF.
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 ......... $  
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. 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

$ 5,002,383


(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 2025 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 10,403 0   10,403

TY 2025 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 2025 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 12/15/26 250,000.00 QTY 248,655 248,655
AMAZON.COM INC. 3.150% DUE 8/22/27 500,000.00 QTY 495,935 495,935
AMERICAN EXPRESS CO. VARIABLE DUE 5/26/33 250,000.00 QTY 253,883 253,883
ANHEUSER-BUSCH INBEV WOR 4.750% DUE 1/23/29 250,000.00 QTY 255,040 255,040
ANTHEM INC. 3.650% DUE 12/1/27 250,000.00 QTY 248,805 248,805
APPLE INC. 0.700% DUE 2/8/26 500,000.00 QTY 498,419 498,419
APPLE INC. 3.250% DUE 2/23/26 250,000.00 QTY 249,732 249,732
APPLE INC. 3.350% DUE 2/9/27 250,000.00 QTY 249,200 249,200
APPLE INC. 3.850% DUE 5/4/43 100,000.00 QTY 84,467 84,467
AT&T INC. 4.500% DUE 5/15/35 250,000.00 QTY 240,145 240,145
BANK OF NY MELLON CORP. 3.000% DUE 10/30/28 250,000.00 QTY 243,485 243,485
BANK OF NY MELLON CORP. 3.250% DUE 5/16/27 250,000.00 QTY 248,293 248,293
BANK OF NY MELLON CORP. VARIABLE DUE 2/7/28 250,000.00 QTY 248,788 248,788
BERKSHIRE HATHAWAY INC. 3.125% DUE 3/15/26 500,000.00 QTY 499,185 499,185
BK OF AMER CORP VAR RT PERP 1/25/22 2,000,000.00 QTY 1,978,340 1,978,340
BK OF AMER CORP VAR RT PERP 4/29/25 1,000,000.00 QTY 1,041,951 1,041,951
BK OF AMER CORP VAR RT PERP 7/24/25 1,000,000.00 QTY 1,015,706 1,015,706
BK OF NY MELLON CORP VAR RT PERP 8/1/16 1,000,000.00 QTY 993,521 993,521
BK OF NY MELLON CORP VAR RT PERP 9/10/25 1,000,000.00 QTY 1,015,276 1,015,276
BOEING CO. 6.875% DUE 3/15/39 100,000.00 QTY 112,501 112,501
BP CAP MARKETS PLC VAR RT PERP 11/18/24 1,000,000.00 QTY 1,031,208 1,031,208
BRISTOL-MYERS SQUIBB CO. 3.250% DUE 2/27/27 500,000.00 QTY 497,465 497,465
CAP ONE FINL CO VAR RT PERP 6/10/21 2,000,000.00 QTY 1,975,959 1,975,959
CATERPILLAR INC. 2.600% DUE 9/19/29 250,000.00 QTY 238,370 238,370
CIGNA CORP. 4.375% DUE 10/15/28 250,000.00 QTY 252,273 252,273
CITIGROUP INC. 4.450% DUE 9/29/27 500,000.00 QTY 503,215 503,215
CITIGROUP INC. VAR RT DUE 2/13/30 1,000,000.00 QTY 1,026,151 1,026,151
CITIGROUP INC. VAR RT PERP 10/27/21 2,000,000.00 QTY 1,974,138 1,974,138
CITIGROUP INC. VAR RT PERP 12/3/24 1,000,000.00 QTY 1,017,929 1,017,929
CITIGROUP INC. VAR RT PERP 7/23/25 1,000,000.00 QTY 1,039,105 1,039,105
CITIGROUP INC. VAR RT PERP 7/30/24 1,500,000.00 QTY 1,582,002 1,582,002
CITIGROUP INC. VAR RT PERP 9/21/23 500,000.00 QTY 524,260 524,260
COMCAST CORP. 3.150% DUE 3/1/26 500,000.00 QTY 499,829 499,829
COMCAST CORP. 3.300% DUE 2/1/27 250,000.00 QTY 248,535 248,535
CVS HEALTH CORP. 5.300% DUE 6/1/33 500,000.00 QTY 515,585 515,585
ELEVANCE HEALTH INC. 2.875% DUE 9/15/29 250,000.00 QTY 238,303 238,303
ENERGY TRANSFER LP VAR RT PERP 1/22/20 8,610,000.00 QTY 8,816,235 8,816,235
EXXON MOBIL CORP. 3.043% DUE 3/1/26 500,000.00 QTY 499,346 499,346
EXXON MOBIL CORPORATION 3.043% DUE 3/1/26 250,000.00 QTY 249,673 249,673
FIFTH THIRD BANCORP VAR RT PERP 5/16/13 625,000.00 QTY 626,236 626,236
FIFTH THIRD BANCORP VAR RT PERP 6/5/14 2,750,000.00 QTY 2,767,651 2,767,651
FORD MTR CR CO LLC 4.950% DUE 5/28/27 1,000,000.00 QTY 1,003,631 1,003,631
FORD MTR CR CO LLC 6.950% DUE 3/6/26 750,000.00 QTY 751,691 751,691
GEN MOTORS FINL CO VAR RT PERP 9/20/27 1,000,000.00 QTY 987,553 987,553
GENERAL MOTORS ACCPT CRP 8.000% DUE 11/1/31 250,000.00 QTY 283,648 283,648
GOLDMAN SACHS CAP II VAR RT PERP 5/15/07 3,000,000.00 QTY 2,446,523 2,446,523
GOLDMAN SACHS GROUP INC. 3.800% DUE 3/15/30 250,000.00 QTY 246,053 246,053
GOLDMAN SACHS GROUP INC. VAR RT DUE 10/21/27 625,000.00 QTY 614,430 614,430
GOLDMAN SACHS GROUP INC. VAR RT PERP 1/24/25 1,000,000.00 QTY 1,039,914 1,039,914
GOLDMAN SACHS GROUP INC. VAR RT PERP 10/29/21 2,500,000.00 QTY 2,475,981 2,475,981
GOLDMAN SACHS GROUP INC. VAR RT PERP 9/26/24 1,500,000.00 QTY 1,520,928 1,520,928
GOLDMAN SACHS GROUP INC. VARIABLE DUE 10/23/35 250,000.00 QTY 251,338 251,338
HUMANA INC. 3.950% DUE 3/15/27 500,000.00 QTY 498,550 498,550
IBM CORP. 4.500% DUE 2/6/26 500,000.00 QTY 500,298 500,298
INTEL CORP. 3.150% DUE 5/11/27 250,000.00 QTY 246,938 246,938
JPMORGAN CHASE & CO. 3.200% DUE 6/15/26 250,000.00 QTY 249,253 249,253
JPMORGAN CHASE & CO. VAR RT PERP 2/4/25 1,000,000.00 QTY 1,039,111 1,039,111
JPMORGAN CHASE & CO. VAR RT PERP 3/12/24 1,500,000.00 QTY 1,590,774 1,590,774
JPMORGAN CHASE & CO. VARIABLE DUE 10/15/30 500,000.00 QTY 474,325 474,325
LOCKHEED MARTIN CORP. 4.750% DUE 2/15/34 500,000.00 QTY 506,950 506,950
MASTERCARD INC. 3.350% DUE 3/26/30 125,000.00 QTY 122,061 122,061
MCKESSON CORP. 3.950% DUE 2/16/28 250,000.00 QTY 249,953 249,953
METLIFE INC. VAR RT DUE 3/15/55 1,000,000.00 QTY 1,054,555 1,054,555
MICROSOFT CORP. 3.300% DUE 2/6/27 250,000.00 QTY 249,033 249,033
NORTHERN TRUST CORP. 3.150% DUE 5/3/29 500,000.00 QTY 486,860 486,860
NORTHERN TRUST CORP. 3.650% DUE 8/3/28 250,000.00 QTY 249,443 249,443
PAYPAL HOLDINGS INC. 5.100% DUE 4/1/35 500,000.00 QTY 508,770 508,770
PEPSICO INC. 2.580% DUE 2/24/26 250,000.00 QTY 249,615 249,615
PEPSICO INC. 3.000% DUE 10/15/27 500,000.00 QTY 495,035 495,035
PFIZER INC. 3.000% DUE 12/15/26 250,000.00 QTY 248,308 248,308
PFIZER INC. 3.450% DUE 3/15/29 250,000.00 QTY 247,065 247,065
PHILLIPS 66 CO. VAR RT DUE 3/15/56 1,000,000.00 QTY 995,901 995,901
PNC BANK NA 3.250% DUE 1/22/28 250,000.00 QTY 247,278 247,278
PRUDENTIAL FINANCIAL INC. 3.878% DUE 3/27/28 310,000.00 QTY 309,783 309,783
QUEST DIAGNOSTICS INC. 6.400% DUE 11/30/33 500,000.00 QTY 553,580 553,580
SOUTHERN CO. 3.250% DUE 7/1/26 250,000.00 QTY 249,138 249,138
SOUTHERN CO. 5.200% DUE 6/15/33 500,000.00 QTY 513,715 513,715
STARBUCKS CORP. 3.500% DUE 3/1/28 500,000.00 QTY 494,785 494,785
STARBUCKS CORP. 3.550% DUE 8/15/29 250,000.00 QTY 245,515 245,515
STATE STREET CORP. 2.650% DUE 5/19/26 250,000.00 QTY 248,935 248,935
TARGET CORP. 2.650% DUE 9/15/30 500,000.00 QTY 468,910 468,910
THOMSON REUTERS 3.350% DUE 5/15/26 250,000.00 QTY 248,845 248,845
UNITEDHEALTH GROUP INC. 3.450% DUE 1/15/27 250,000.00 QTY 248,998 248,998
US BANCORP 3.100% DUE 4/27/26 500,000.00 QTY 498,725 498,725
VENTAS REALTY LP 3.850% DUE 4/1/27 250,000.00 QTY 249,348 249,348
VERIZON COMMUNICATIONS 4.016% DUE 12/3/29 125,000.00 QTY 124,048 124,048
VERIZON COMMUNICATIONS 6.400% DUE 9/15/33 100,000.00 QTY 110,184 110,184
WALMART INC. 3.250% DUE 7/8/29 250,000.00 QTY 246,155 246,155
WALMART INC. 3.700% DUE 6/26/28 250,000.00 QTY 250,483 250,483
WALMART INC. 4.100% DUE 4/15/33 500,000.00 QTY 499,105 499,105
WELLS FARGO & CO. VAR RT PERP 1/26/21 500,000.00 QTY 498,445 498,445
WELLS FARGO & CO. VAR RT PERP 7/23/24 1,500,000.00 QTY 1,567,521 1,567,521
WELLS FARGO & COMPANY 4.300% DUE 7/22/27 250,000.00 QTY 250,975 250,975
WELLS FARGO & COMPANY VARIABLE DUE 4/24/34 250,000.00 QTY 260,108 260,108

TY 2025 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
AMAZON COM INC COM (AMZN) 18,000.00 QTY 4,154,760 4,154,760
APPLE INC (AAPL) 16,000.00 QTY 4,349,760 4,349,760
AT&T INC. 5.000% PREFERRED PERP 20,000.00 QTY 402,800 402,800
AVALONBAY CMMUN INC REIT (AVB) 24,585.00 QTY 4,457,506 4,457,506
BANK OF AMERICA CORP. 4.125% PFD STK 10,000.00 QTY 171,700 171,700
BANK OF AMERICA CORP. 5.375% PFD STK 10,000.00 QTY 219,900 219,900
CAPITAL ONE FINCL CO 4.800% PFD STK 10,000.00 QTY 180,900 180,900
COCA COLA COM (KO) 6,000.00 QTY 419,460 419,460
ELI LILLY & CO (LLY) 10,700.00 QTY 11,499,076 11,499,076
ESSEX PPTY TR INC COM REIT (ESS) 3,000.00 QTY 785,040 785,040
INTEL CORP (INTC) 17,975.00 QTY 663,278 663,278
JOHNSON CONTROLS INTER (JCI) 20,000.00 QTY 2,395,000 2,395,000
JP MORGAN CHASE & CO. 4.625% PFD STK 20,000.00 QTY 392,800 392,800
JPMORGAN CHASE & CO. 4.550% PFD STK 10,000.00 QTY 194,000 194,000
KENVUE INC (KVUE) 1,678.00 QTY 28,946 28,946
LOWE'S COMPANIES INC (LOW) 6,000.00 QTY 1,446,960 1,446,960
MCDONALDS CORP COM (MCD) 700.00 QTY 213,941 213,941
METLIFE INC. 4.750% PFD STK 10,000.00 QTY 197,300 197,300
MICROSOFT CORP (MSFT) 5,700.00 QTY 2,756,634 2,756,634
MONDELEZ INTERNATIONAL INC (MDLZ) 5,900.00 QTY 317,597 317,597
MORGAN STANLEY 4.250% PFD STK 10,000.00 QTY 176,400 176,400
PFIZER INC (PFE) 5,000.00 QTY 124,500 124,500
SOUTHERN CO. 4.200% DUE 10/15/60 PFD STK 20,000.00 QTY 354,800 354,800
TAIWAN S MANUFCTRING ADR (TSM) 13,600.00 QTY 4,132,904 4,132,904
U.S. BANCORP 3.750% PFD STK 20,000.00 QTY 306,600 306,600
VORNADO REALTY TRUST 5.250% PFD STK 5,000.00 QTY 84,750 84,750
WALMART INC (WMT) 45,000.00 QTY 5,013,450 5,013,450

TY 2025 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:


508,106
State & Local Government Securities - End of Year Fair Market Value:


508,106


TY 2025 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 2,923,830 2,923,830
BLACKROCK ESG CAPITAL 25,000.00 QTY FMV 384,500 384,500
BNS CBEN SPX 2/19/26 90% BARRIER 1,000,000.00 QTY FMV 1,055,800 1,055,800
BX STRATEGIC PARTNERS SECONDARIES IX FUND (OFFSHORE) 745.00 QTY FMV 876,448 876,448
HPS CORPORATE LENDING FUND (HLEND) FMV 2,564,258 2,564,258
ISHARES CORE S&P 500 ETF 4,500.00 QTY FMV 3,082,230 3,082,230
JPM DD CBEN SPX 10/15/26 82.5% BARRIER 1,000,000.00 QTY FMV 1,007,700 1,007,700
JPM INCOME FUND- CL I FUND 3491 (JMSIX) 1,206,032.88 QTY FMV 10,383,943 10,383,943
JPMORGAN EQUITY PREMIUM INCOME (JEPI) 42,575.00 QTY FMV 2,436,993 2,436,993
JPMORGAN US TECH LEADERS (JTEK) 11,000.00 QTY FMV 990,800 990,800
JPMRGN PREFER & INC SEC-I 538,486.84 QTY FMV 5,331,020 5,331,020
MS CBEN SPX 5/6/26 85% BARRIER 1,000,000.00 QTY FMV 1,054,000 1,054,000

TY 2025 LegalFeesSchedule
Name:
THE Z S & M WILF FOUNDATION INC
EIN:
22-3553441
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 2,500 0   2,500


TY 2025 OtherDecreasesSchedule
Name:
THE Z S & M WILF FOUNDATION INC
EIN:
22-3553441
Description Amount
UNREALIZED LOSS ON INVESTMENTS 19,712,750
ADJUSTMENT TO CORRECT COST BASIS FOR ALTERNATIVE INVESTMENTS 128,930


TY 2025 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 500 500   0
BUSINESS REGISTRATION FEES 31 0   31


TY 2025 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


TY 2025 TaxesSchedule
Name:
THE Z S & M WILF FOUNDATION INC
EIN:
22-3553441
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 405,000 0   0
FOREIGN TAX 9,507 9,507   0