﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2011v1.5">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-09-11T15:08:27-05:00</Timestamp>
    <TaxPeriodEndDate>2012-10-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>221624206</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>MALESARDI QUACKENBUSH SWIFT &amp; CO LLC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>155 NORTH DEAN STREET - SUITE 5</AddressLine1>
        <City>ENGLEWOOD</City>
        <State>NJ</State>
        <ZIPCode>07631</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-11-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>223369956</EIN>
      <Name>
        <BusinessNameLine1>THE JOSE M GARCIA FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>JOSE</NameControl>
      <Phone>2018912112</Phone>
      <USAddress>
        <AddressLine1>851 FRANKLIN LAKES ROAD</AddressLine1>
        <City>FRANKLIN LAKES</City>
        <State>NJ</State>
        <ZIPCode>07417</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>GORDON D MEYER</Name>
      <Title>TRUSTEE</Title>
      <Phone>2018912112</Phone>
      <DateSigned>2013-09-11</DateSigned>
      <AuthorizeThirdParty>0</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>ERICA MARTINEZ</Name>
      <PTIN>P00852340</PTIN>
      <Phone>2015674100</Phone>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="12">
    <IRS990PF documentId="RetDoc1235000001">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>8287296</FMVAssetsEOY>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <DividendsRevAndExpnss>36680</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>36680</DividendsNetInvstIncm>
        <DividendsAdjNetIncm>36680</DividendsAdjNetIncm>
        <GrossRentsRevAndExpnss>283574</GrossRentsRevAndExpnss>
        <GrossRentsNetInvstIncm>283574</GrossRentsNetInvstIncm>
        <GrossRentsAdjNetIncm>283574</GrossRentsAdjNetIncm>
        <NetRentalIncomeOrLoss>223803</NetRentalIncomeOrLoss>
        <NetGainSaleAssetsRevAndExpnss>7301</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>73500</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>7301</CapitalGainNetIncmNetInvstIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="RetDoc2001500001">57922</OtherIncomeRevAndExpnss>
        <OtherIncomeNetInvstIncm>57922</OtherIncomeNetInvstIncm>
        <OtherIncomeAdjNetIncm>57922</OtherIncomeAdjNetIncm>
        <TotalRevenueAndExpenses>385477</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>385477</TotalNetInvestmentIncome>
        <TotalAdjustedNetIncome>378176</TotalAdjustedNetIncome>
        <CompOfcrDirTrstRevAndExpnss>60000</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>6000</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstAdjNetIncm>0</CompOfcrDirTrstAdjNetIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>12000</CompOfcrDirTrstDsbrsChrtblPrps>
        <LegalFeesRevAndExpnss referenceDocumentId="RetDoc2002100001">16070</LegalFeesRevAndExpnss>
        <LegalFeesNetInvstIncm>0</LegalFeesNetInvstIncm>
        <LegalFeesAdjNetIncm>0</LegalFeesAdjNetIncm>
        <LegalFeesDsbrsChrtblPrps>1768</LegalFeesDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc2002200001">19618</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>0</AccountingFeesNetInvstIncm>
        <AccountingFeesAdjNetIncm>0</AccountingFeesAdjNetIncm>
        <AccountingFeesDsbrsChrtblPrps>12752</AccountingFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="RetDoc2002300001">53793</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>27783</OtherProfFeesNetInvstIncm>
        <OtherProfFeesAdjNetIncm>0</OtherProfFeesAdjNetIncm>
        <OtherProfFeesDsbrsChrtblPrps>25218</OtherProfFeesDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">24539</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>19767</TaxesNetInvstIncm>
        <TaxesAdjNetIncm>0</TaxesAdjNetIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <DeprecAndDepletionRevAndExpnss>53300</DeprecAndDepletionRevAndExpnss>
        <DeprecAndDepletionNetInvstIncm>53300</DeprecAndDepletionNetInvstIncm>
        <DeprecAndDepletionAdjNetIncm>0</DeprecAndDepletionAdjNetIncm>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc2003200001">45330</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>40004</OtherExpensesNetInvstIncm>
        <OtherExpensesAdjNetIncm>0</OtherExpensesAdjNetIncm>
        <OtherExpensesDsbrsChrtblPrps>0</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>272650</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>146854</TotOprExpensesNetInvstIncm>
        <TotOprExpensesAdjNetIncm>0</TotOprExpensesAdjNetIncm>
        <TotOprExpensesDsbrsChrtblPrps>51738</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>350000</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>350000</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>622650</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>146854</TotalExpensesNetInvstIncm>
        <TotalExpensesAdjNetIncm>0</TotalExpensesAdjNetIncm>
        <TotalExpensesDsbrsChrtblPrps>401738</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-237173</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>238623</NetInvestmentIncome>
        <AdjustedNetIncome>378176</AdjustedNetIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>-27872</CashBOY>
        <CashEOY>107737</CashEOY>
        <CashEOYFMV>107737</CashEOYFMV>
        <AccountsReceivable>1800</AccountsReceivable>
        <AccountsReceivableEOY>1800</AccountsReceivableEOY>
        <AccountsReceivableEOYFMV>1800</AccountsReceivableEOYFMV>
        <OtherNotesAndLoansReceivable>42573</OtherNotesAndLoansReceivable>
        <AllwncForDbtflAcctOtherRcvbl>0</AllwncForDbtflAcctOtherRcvbl>
        <OtherNotesAndLoansRcvblBOY>856255</OtherNotesAndLoansRcvblBOY>
        <OtherNotesAndLoansRcvblEOY>42573</OtherNotesAndLoansRcvblEOY>
        <OtherNotesAndLoansRcvblEOYFMV>42573</OtherNotesAndLoansRcvblEOYFMV>
        <InvestmentsCorpStockBOY>3310325</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc2018900001">3595032</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>4412903</InvestmentsCorpStockEOYFMV>
        <InvestmentsCorpBondsBOY>465624</InvestmentsCorpBondsBOY>
        <InvestmentsCorpBondsEOY referenceDocumentId="RetDoc2044400001">650561</InvestmentsCorpBondsEOY>
        <InvestmentsCorpBondsEOYFMV>711438</InvestmentsCorpBondsEOYFMV>
        <InvestmentsLandEtcBasis>2137343</InvestmentsLandEtcBasis>
        <AccumDeprecInvestmentsLandEtc>217879</AccumDeprecInvestmentsLandEtc>
        <InvestmentsLandEtcBOY>1929517</InvestmentsLandEtcBOY>
        <InvestmentsLandEtcEOY>1919464</InvestmentsLandEtcEOY>
        <InvestmentsLandEtcEOYFMV>2804247</InvestmentsLandEtcEOYFMV>
        <InvestmentsMortgageLoansBOY>189697</InvestmentsMortgageLoansBOY>
        <InvestmentsMortgageLoansEOY>171107</InvestmentsMortgageLoansEOY>
        <InvestmentsMortgageLoansEOYFMV>171107</InvestmentsMortgageLoansEOYFMV>
        <OtherAssetsBOY referenceDocumentId="RetDoc2046600001">4791</OtherAssetsBOY>
        <OtherAssetsEOY referenceDocumentId="RetDoc2046600001">35491</OtherAssetsEOY>
        <OtherAssetsEOYFMV referenceDocumentId="RetDoc2046600001">35491</OtherAssetsEOYFMV>
        <TotalAssetsBOY>6728337</TotalAssetsBOY>
        <TotalAssetsEOY>6523765</TotalAssetsEOY>
        <TotalAssetsEOYFMV>8287296</TotalAssetsEOYFMV>
        <AccountsPayableBOY>11228</AccountsPayableBOY>
        <AccountsPayableEOY>32397</AccountsPayableEOY>
        <DeferredRevenueBOY>3425</DeferredRevenueBOY>
        <DeferredRevenueEOY>2500</DeferredRevenueEOY>
        <MortgagesAndNotesPayableBOY>124419</MortgagesAndNotesPayableBOY>
        <MortgagesAndNotesPayableEOY>42222</MortgagesAndNotesPayableEOY>
        <OtherLiabilitiesBOY referenceDocumentId="RetDoc2065700001">7294</OtherLiabilitiesBOY>
        <OtherLiabilitiesEOY referenceDocumentId="RetDoc2065700001">7289</OtherLiabilitiesEOY>
        <TotalLiabilitiesBOY>146366</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>84408</TotalLiabilitiesEOY>
        <OrgThatFollowSFAS117>X</OrgThatFollowSFAS117>
        <TemporarilyRestrictedBOY>6581971</TemporarilyRestrictedBOY>
        <TemporarilyRestrictedEOY>6439357</TemporarilyRestrictedEOY>
        <TotalNetAssetsBOY>6581971</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>6439357</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>6728337</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>6523765</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>6581971</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-237173</ExcessOfRevenueOverExpenses>
        <OtherIncreases referenceDocumentId="RetDoc2049700001">94559</OtherIncreases>
        <Subtotal>6439357</Subtotal>
        <OtherDecreases>0</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>6439357</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>CHARLES SCHWAB</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2011-11-03</DateAcquired>
          <DateSold>2012-10-19</DateSold>
          <GrossSalesPrice>73500</GrossSalesPrice>
          <CostOrOtherBasis>66199</CostOrOtherBasis>
          <GainOrLoss>7301</GainOrLoss>
          <GainsMinusExcessOrLosses>7301</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>7301</CapitalGainNetIncome>
        <NetShortTermCapitalGainOrLoss>7301</NetShortTermCapitalGainOrLoss>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>1</LiableFor4942Tax>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>4772</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>4772</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>4772</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>7320</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>7320</TotalCreditsAndPayments>
        <PenaltyForUnderpayment>4</PenaltyForUnderpayment>
        <Overpayment>2544</Overpayment>
        <AmountCreditedToNextYear>2544</AmountCreditedToNextYear>
        <AmountToBeRefunded>0</AmountToBeRefunded>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>0</LegislativePoliticalActivities>
        <MoreThan100Spent>0</MoreThan100Spent>
        <Form1120POLFiled>0</Form1120POLFiled>
        <Sect4955TaxOnOrganization>0</Sect4955TaxOnOrganization>
        <Sect4955TaxOnManagers>0</Sect4955TaxOnManagers>
        <ReimbursementOfTax>0</ReimbursementOfTax>
        <ActivitiesNotPrevReported>0</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>0</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>0</UnrelatedBusIncomeOver1000>
        <TerminationEtc>0</TerminationEtc>
        <RequirementsOfSect508e>0</RequirementsOfSect508e>
        <AtLeast5000InAssets>1</AtLeast5000InAssets>
        <Form990PFFiledWithAG>1</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>0</PrivateOperatingFoundation>
        <NewSubstantialContributors>0</NewSubstantialContributors>
        <InterestInControlledEntity>0</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>WWW.GARCIAFOUNDATION.ORG</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>THE FOUNDATION</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>2018912112</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>851 FRANKLIN LAKES ROAD</AddressLine1>
          <City>FRANKLIN LAKES</City>
          <State>NJ</State>
          <ZIPCode>07417</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>0</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>0</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>0</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>0</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>1</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>0</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>0</PaymentToGovernmentOffical>
        <ActsFailToQualifyAsExceptions>0</ActsFailToQualifyAsExceptions>
        <UncorrectedPriorActs>0</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>0</UndistributedIncomePriorYears>
        <BusinessHoldings>1</BusinessHoldings>
        <ExcessBusinessHoldings>0</ExcessBusinessHoldings>
        <JeopardyInvestments>0</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>0</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>0</InfluenceLegislation>
        <InfluenceElection>0</InfluenceElection>
        <GrantsToIndividuals>0</GrantsToIndividuals>
        <GrantsToOrganizations>0</GrantsToOrganizations>
        <NoncharitablePurpose>0</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>0</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>0</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>0</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>GORDON D MEYER</PersonName>
          <USAddress>
            <AddressLine1>C/O THE FOUNDATION 851 FRANKLIN</AddressLine1>
            <AddressLine2>LAKES ROAD</AddressLine2>
            <City>FRANKLIN LAKES</City>
            <State>NJ</State>
            <ZIPCode>07417</ZIPCode>
          </USAddress>
          <Title>VICE PRESIDENT</Title>
          <AvgHoursPerWkDevotedToPosition>2.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>12000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>DONALD H QUINN</PersonName>
          <USAddress>
            <AddressLine1>C/O THE FOUNDATION 851 FRANKLIN</AddressLine1>
            <AddressLine2>LAKES ROAD</AddressLine2>
            <City>FRANKLIN LAKES</City>
            <State>NJ</State>
            <ZIPCode>07417</ZIPCode>
          </USAddress>
          <Title>PRESIDENT</Title>
          <AvgHoursPerWkDevotedToPosition>2.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>12000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>LAURA FIGUEROA</PersonName>
          <USAddress>
            <AddressLine1>C/O THE FOUNDATION 851 FRANKLIN</AddressLine1>
            <AddressLine2>LAKES ROAD</AddressLine2>
            <City>FRANKLIN LAKES</City>
            <State>NJ</State>
            <ZIPCode>07417</ZIPCode>
          </USAddress>
          <Title>SECRETARY/TREASURER</Title>
          <AvgHoursPerWkDevotedToPosition>1.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>12000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JORGE COROMINAL</PersonName>
          <USAddress>
            <AddressLine1>C/O THE FOUNDATION 851 FRANKLIN</AddressLine1>
            <AddressLine2>LAKES ROAD</AddressLine2>
            <City>FRANKLIN LAKES</City>
            <State>NJ</State>
            <ZIPCode>07417</ZIPCode>
          </USAddress>
          <Title>ASSISTANT SECRETARY</Title>
          <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>12000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>ELLA GLOVER</PersonName>
          <USAddress>
            <AddressLine1>C/O THE FOUNDATION 851 FRANKLIN</AddressLine1>
            <AddressLine2>LAKES ROAD</AddressLine2>
            <City>FRANKLIN LAKES</City>
            <State>NJ</State>
            <ZIPCode>07417</ZIPCode>
          </USAddress>
          <Title>VICE PRESIDENT</Title>
          <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>12000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>896334</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>98886</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>6927765</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>7922985</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>7922985</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>118845</CashDeemedCharitable>
        <NetNoncharitableAssets>7804140</NetNoncharitableAssets>
        <MinimumInvestmentReturn>390207</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>390207</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>4772</TaxBasedOnInvestmentIncome>
        <TotalTax>4772</TotalTax>
        <DistributableAmountBeforeAdj>385435</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>385435</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>385435</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>401738</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>401738</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>0</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>401738</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>385435</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>380536</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <TotalExcessDistriCarryover>0</TotalExcessDistriCarryover>
        <QualifyingDistributions>401738</QualifyingDistributions>
        <AppliedToYear1>380536</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>21202</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>0</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>0</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>364233</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>0</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>0</ExcessDistriCyovToNextYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <AppicationSubmissionInfo>
          <RecipientName>DONALD QUINN</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>851 FRANKLIN LAKES ROAD</AddressLine1>
            <City>FRANKLIN LAKES</City>
            <State>NJ</State>
            <ZIPCode>07417</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>2018912112</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>LETTER INDICATING PRIMARY USE OF FUNDS AND BACKGROUND INFORMATION.</FormAndInfoAndMaterials>
          <SubmissionDeadlines>BY OCTOBER 31ST</SubmissionDeadlines>
          <RestrictionsOnAwards>NONE.</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BOYS &amp; GIRLS CLUB OF PATERSON &amp; PASSAIC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>264 21ST AVENUE</AddressLine1>
            <City>PATERSON</City>
            <State>NJ</State>
            <ZIPCode>07501</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>OTHER PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CAMP YDP</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>13-15 NORTH FIRST STREET</AddressLine1>
            <City>PATERSON</City>
            <State>NJ</State>
            <ZIPCode>07522</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>OTHER PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING</PurposeOfGrantOrContribution>
          <Amount>15400</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHRISTIAN HEALTH CARE CENTER FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>301 SICOMAC AVENUE</AddressLine1>
            <City>WYCKOFF</City>
            <State>NJ</State>
            <ZIPCode>07481</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>OTHER PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COMMUNITY MEALS INC CO CHRIST CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>105 COTTAGE PLACE</AddressLine1>
            <City>RIDGEWOOD</City>
            <State>NJ</State>
            <ZIPCode>07450</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>OTHER PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DOUBLE HARVEST</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>55 SOUTH MAIN STREET</AddressLine1>
            <City>OBERLIN</City>
            <State>OH</State>
            <ZIPCode>44074</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>OTHER PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING</PurposeOfGrantOrContribution>
          <Amount>12300</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>EASTERN CHRISTIAN CHILDREN'S RETREAT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>700 MOUNTAIN AVENUE</AddressLine1>
            <City>WYCKOFF</City>
            <State>NJ</State>
            <ZIPCode>07481</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>OTHER PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING</PurposeOfGrantOrContribution>
          <Amount>15300</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MASONIC CHARITY FOUNDATION OF NEW JERSEY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>902 JACKSONVILLE ROAD</AddressLine1>
            <City>BURLINGTON</City>
            <State>NJ</State>
            <ZIPCode>08016</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>OTHER PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING</PurposeOfGrantOrContribution>
          <Amount>35000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SOUTH EAST ASIA PRAYER CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 127</AddressLine1>
            <City>OAKMONT</City>
            <State>PA</State>
            <ZIPCode>15139</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>OTHER PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE ROSICRUCIAN ORDER AMORC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1324 NAGLEE AVENUE</AddressLine1>
            <City>SAN JOSE</City>
            <State>CA</State>
            <ZIPCode>95191</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>OTHER PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING</PurposeOfGrantOrContribution>
          <Amount>70000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UNITY SCHOOL OF CHRISTIANITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1901 N W BLUE PARKWAY</AddressLine1>
            <City>UNITY VILLAGE</City>
            <State>MO</State>
            <ZIPCode>64065</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>OTHER PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING</PurposeOfGrantOrContribution>
          <Amount>140000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BETHANY CHRISTIAN SERVICES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>901 EASTERN AVE NE PO BOX 294</AddressLine1>
            <City>GRAND RAPIDS</City>
            <State>MI</State>
            <ZIPCode>49501</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>OTHER PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>350000</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>36680</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <NetRentalIncmReDebtFincdProp>
          <ExclusionCode>16</ExclusionCode>
          <ExclusionAmount>223803</ExclusionAmount>
        </NetRentalIncmReDebtFincdProp>
        <OtherInvestmentIncomePartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>57922</ExclusionAmount>
        </OtherInvestmentIncomePartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>7301</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>0</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>325706</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>325706</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>0</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>0</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>0</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>0</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>0</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>0</ReimbursementArrangements>
        <LoansOrLoanGuarantees>0</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>0</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>0</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>0</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFees>
        <Amount>19618</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>12752</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorpBonds>
        <NameOfBond>CORPORATE BONDS</NameOfBond>
        <EOYBookValue>650561</EOYBookValue>
        <EOYFMV>711438</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>CORPORATE STOCKS</NameOfStock>
        <EOYBookValue>3595032</EOYBookValue>
        <EOYFMV>4412903</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFees>
        <Amount>16070</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>1768</DisbursementsCharitablePrps>
      </LegalFees>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssets>
        <Description>PREPAID EXPENSES</Description>
        <BOYBookValue>4791</BOYBookValue>
        <EOYBookValue>35491</EOYBookValue>
        <EOYFMV>35491</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>PROPERTY EXPENSES</Description>
        <RevenueAndExpensesPerBooks>40004</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>40004</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MISCELLANEOUS EXPENSES</Description>
        <RevenueAndExpensesPerBooks>5326</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncome>
        <Description>NOTES REC.-INTEREST INCOME</Description>
        <RevenueAndExpensesPerBooks>57922</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>57922</NetInvestmentIncome>
        <AdjustedNetIncome>57922</AdjustedNetIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="RetDoc2049700001">
      <OtherIncreases>
        <Description>UNREALIZED GAIN</Description>
        <Amount>94559</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilities>
        <Description>EXCISE TAX PAYABLE</Description>
        <BOYBookValue>5269</BOYBookValue>
        <EOYBookValue>3769</EOYBookValue>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>SECURITY DEPOSITS</Description>
        <BOYBookValue>2025</BOYBookValue>
        <EOYBookValue>3520</EOYBookValue>
      </OtherLiabilities>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFees>
        <Amount>53793</Amount>
        <NetInvestmentIncome>27783</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>25218</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>REAL ESTATE TAXES - RENTED PROPERTY</Category>
        <Amount>19767</Amount>
        <NetInvestmentIncome>19767</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>FEDERAL TAX EXPENSE</Category>
        <Amount>4772</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>