﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2013v4.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2015-06-09T09:31:34-07:00</ReturnTs>
    <TaxPeriodEndDt>2014-06-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1>Bernath &amp; Rosenberg PC</BusinessNameLine1>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1>1430 Broadway 7th Floor</AddressLine1>
        <City>New York</City>
        <State>NY</State>
        <ZIPCode>100183308</ZIPCode>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2013-07-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>456655433</EIN>
      <BusinessName>
        <BusinessNameLine1>LOWENBRAUN FAMILY FOUNDATION</BusinessNameLine1>
      </BusinessName>
      <BusinessNameControlTxt>LOWE</BusinessNameControlTxt>
      <PhoneNum>7183091423</PhoneNum>
      <USAddress>
        <AddressLine1>1259 EAST 31 STREET</AddressLine1>
        <City>BROOKLYN</City>
        <State>NY</State>
        <ZIPCode>11210</ZIPCode>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>CHAIM LOWENBRAUN</PersonNm>
      <PersonTitleTxt>Trustee</PersonTitleTxt>
      <SignatureDt>2015-06-09</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Benjamin Berger</PreparerPersonNm>
      <PTIN>P00236799</PTIN>
      <PhoneNum>2122211140</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2013</TaxYr>
    <BuildTS>2016-03-07 17:11:31Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation" softwareId="13000170" softwareVersion="2013v4.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>579530</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>64000</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>2</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>2</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>5548</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>5548</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>48971</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>603612</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>48971</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>118521</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>54521</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">1000</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>500</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>500</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OtherProfessionalFeesSchedule">4894</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>4894</OtherProfFeesNetInvstIncmAmt>
        <InterestRevAndExpnssAmt>10</InterestRevAndExpnssAmt>
        <InterestNetInvstIncmAmt>10</InterestNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">113</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>113</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">283</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>183</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>100</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>6300</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>5700</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>600</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>245660</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>245660</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>251960</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>5700</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>246260</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-133439</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>48821</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>139856</CashBOYAmt>
        <CashEOYAmt>25629</CashEOYAmt>
        <CashEOYFMVAmt>25630</CashEOYFMVAmt>
        <CorporateStockBOYAmt>275242</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">506030</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>539138</CorporateStockEOYFMVAmt>
        <OtherInvestmentsBOYAmt>250000</OtherInvestmentsBOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="OtherAssetsSchedule">14762</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>665098</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>531659</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>579530</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>665098</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>531659</CapitalStockEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>665098</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>531659</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>665098</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>531659</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>665098</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-133439</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>531659</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>531659</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Capital Gain Dividends</PropertyDesc>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <GainOrLossAmt>7087</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>48971</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>11411</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>175919</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>720038</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.24432</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>44047</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>818823</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.05379</DistributionYr2Rt>
        <TotalDistributionRt>0.29811</TotalDistributionRt>
        <AverageDistributionRt>0.14906</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>669918</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>99855</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>488</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>100343</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>246260</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>488</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>488</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>488</TaxBasedOnInvestmentIncomeAmt>
        <AppliedToEsTaxAmt>600</AppliedToEsTaxAmt>
        <TotalPaymentsAndCreditsAmt>600</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>112</OverpaymentAmt>
        <AppliedToESTaxAmt>112</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>false</Form990TFiledInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>false</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>NY</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1>CHAIM LOWENBRAUN</BusinessNameLine1>
        </PersonsWithBooksName>
        <PhoneNum>7183091423</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1>1259 E 31ST STREET</AddressLine1>
          <City>BROOKLYN</City>
          <State>NY</State>
          <ZIPCode>11210</ZIPCode>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <ExcessBusinessHoldingsInd>false</ExcessBusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>false</TransactionsFailToQlfyAsExcInd>
        <MaintainedExpenditureRspnsInd>false</MaintainedExpenditureRspnsInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <ProceedsOrNetIncomeInd>false</ProceedsOrNetIncomeInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CHAIM LOWENBRAUN</PersonNm>
          <USAddress>
            <AddressLine1>1259 E 31ST STREET</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11210</ZIPCode>
          </USAddress>
          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MIRIAM LOWENBRAUN</PersonNm>
          <USAddress>
            <AddressLine1>1259 E 31ST STREET</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11210</ZIPCode>
          </USAddress>
          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>620322</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>59798</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>680120</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>680120</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>10202</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>669918</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>33496</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>33496</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>488</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>488</TotalTaxAmt>
        <DistributableBeforeAdjAmt>33008</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>33008</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>33008</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>246260</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>246260</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>488</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>245772</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>33008</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr2Amt>22489</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>140577</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>163066</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>246260</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>33008</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>213252</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>376318</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>376318</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear2Amt>22489</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>140577</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>213252</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>CHAIM LOWENBRAUN</ContributingManagerNm>
        <ContributingManagerNm>MIRIAM LOWENBRAUN</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>VARIOUS MISC CHARITIES</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>BROOKLYN NY</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11230</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>107160</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CONG SHAAREI ELIEZER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>1880 NEW YORK AVE</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11210</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>42500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>YESHIVA OHR SHRAGA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>1102 AVE L</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11230</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>29000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MASORES BAIS YAAKOV</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>1395 OCEAN AVE</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11230</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Mesamche Lev</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>1364 53rd Street</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11219</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>18000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>P'ER HATORAH INC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>2913 AVENUE L</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11210</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>19000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CONG AHAVAS DOVID</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>924 EAST 10TH STREET</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11223</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>245660</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>5548</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>48971</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>54521</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>54521</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB" softwareId="13000170" softwareVersion="2013v4.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>CHAIM LOWENBRAUN</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1>1259 E 31ST STREET</AddressLine1>
          <City>BROOKLYN</City>
          <State>NY</State>
          <ZIPCode>11210</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>64000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="13000170" softwareVersion="2013v4.0">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>1000</Amt>
        <NetInvestmentIncomeAmt>500</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>500</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="13000170" softwareVersion="2013v4.0">
      <InvestmentsCorporateStockGrp>
        <StockNm>CETERA INVESTMENTS</StockNm>
        <EOYBookValueAmt>506030</EOYBookValueAmt>
        <EOYFMVAmt>539138</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="13000170" softwareVersion="2013v4.0">
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>183</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>183</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FILING FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>100</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>100</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="13000170" softwareVersion="2013v4.0">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ADVISOR FEES</CategoryTxt>
        <Amt>4894</Amt>
        <NetInvestmentIncomeAmt>4894</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="13000170" softwareVersion="2013v4.0">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>113</Amt>
        <NetInvestmentIncomeAmt>113</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>