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        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>TO PROVIDE A FINANCIAL BACKSTOP TO SUPPORT SEPHARDIC FAMILIES IN THE NY TRISTATE AREA WHO HAVE SUFFERED THE LOSS OF A PARENT/SPOUSE IN ORDER TO PROVIDE SUCH FAMILIES A SENSE OF ONGOING SECURITY IN BASIC LIVING NEEDS WHILE DEALING WITH THE NEW REALITY AND THE CHALLENGES IT PRESENTS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>ISAAC ASHKENAZI ELY ASHKENAZI PRESIDENT TREASURER FATHER</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>ORGANIZATION ENGAGES THE SERVICES OF A PROFESSIONAL CPA FIRM TO PREPARE FORM 990. ORGANIZATION'S INTERNAL TAX MANAGER REVIEWS THE PREPARED FORM IN ITS ENTIRETY AND EXPLAINS IT TO MANAGEMENT PRIOR TO SUBMITTING.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>PRIOR TO THE INITIAL ELECTION OF ANY DIRECTOR, AND ANNUALLY THEREAFTER, EACH DIRETOR IS REQUIRED TO SUBMIT A SIGNED WRITTEN STATEMENT IDENTIFYING ANY CONFLICTS OF INTEREST. AFTER DISCLOSURE, THE DIRECTOR IS REQUIRED TO LEAVE THE MEETING WHILE THE REMAINING BOARD MEMBERS DECIDE WHETHER A CONFLICT OF INTEREST EXISTS AND DETERMINE THE ORGANIZATION'S BEST INTEREST. IF THE BOARD DETERMINES THAT AN INTERESTED PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, IT TAKES APPROPRIATE CORRECTIVE ACTION.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
