AARON STRAUS AND LILLIE STRAUS FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: AARON STRAUS AND LILLIE STRAUS FOUNDATION INC (EIN 52-2040073)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-13
IRS object ID: 201303179349100805
Schema version: 2012v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Compensation Explanation
Depreciation Schedule
General Explanation Attachment
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Land Etc Schedule2
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Notes Loans Rcvbl Short Sch2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-13T12:08:54-06:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HERTZBACH & COMPANY PA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	800 RED BROOK BLVD STE 300	AddressLine1
City	OWING MILLS	City
State	MD	State
ZIP Code	21117	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	522040073	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE AARON STRAUS & LILLIE STRAUS	BusinessNameLine1
Business Name Line2	FOUNDATION INC	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	AARO	NameControl
Phone	4105398308	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2 EAST READ STREET	AddressLine1
Address Line2	ROOM/SUITE 100	AddressLine2
City	BALTIMORE	City
State	MD	State
ZIP Code	21202	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JAN RIVITZ	Name
Title	PRESIDENT	Title
Phone	4105398308	Phone
Date Signed	2013-10-16	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	NINA I SCHERR CPA	Name
Phone	4103633200	Phone
Date Prepared	2013-11-13	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	63409106	FMVAssetsEOY
Method Of Accounting Accrual	X	MethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Dividends Rev And Expnss	1731290	DividendsRevAndExpnss
Dividends Net Invst Incm	1731290	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	1592349	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	3062282	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	1592349	CapitalGainNetIncmNetInvstIncm
Other Income Rev And Expnss	-13628	OtherIncomeRevAndExpnss
Other Income Net Invst Incm	-13628	OtherIncomeNetInvstIncm
Total Revenue And Expenses	3310011	TotalRevenueAndExpenses
Total Net Investment Income	3310011	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	284586	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	56917	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	227669	CompOfcrDirTrstDsbrsChrtblPrps
Oth Empl Slrs Wgs Rev And Expnss	21500	OthEmplSlrsWgsRevAndExpnss
Oth Empl Slrs Wgs Dsbrs Chrtbl Prps	21500	OthEmplSlrsWgsDsbrsChrtblPrps
Pension Empl Bnft Rev And Expnss	25400	PensionEmplBnftRevAndExpnss
Pension Empl Bnft Net Invst Incm	5000	PensionEmplBnftNetInvstIncm
Pension Empl Bnft Dsbrs Chrtbl Prps	20400	PensionEmplBnftDsbrsChrtblPrps
Accounting Fees Rev And Expnss	22773	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	11387	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	11386	AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss	666022	OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm	646022	OtherProfFeesNetInvstIncm
Other Prof Fees Dsbrs Chrtbl Prps	20000	OtherProfFeesDsbrsChrtblPrps
Taxes Rev And Expnss	40033	TaxesRevAndExpnss
Taxes Net Invst Incm	37555	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	12207	TaxesDsbrsChrtblPrps
Deprec And Depletion Rev And Expnss	450	DeprecAndDepletionRevAndExpnss
Other Expenses Rev And Expnss	120591	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	7971	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	112620	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	1181355	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	764852	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	425782	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	1019400	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	2791230	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	2200755	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	764852	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	3217012	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	1109256	ExcessOfRevenueOverExpenses
Net Investment Income	2545159	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	4837	CashBOY
Cash EOY	45	CashEOY
Cash EOYFMV	45	CashEOYFMV
Savings And Temp Cash Invst BOY	3508063	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	1898606	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	1898606	SavingsAndTempCashInvstEOYFMV
Other Notes And Loans Receivable	77	OtherNotesAndLoansReceivable
Other Notes And Loans Rcvbl EOY	77	OtherNotesAndLoansRcvblEOY
Other Notes And Loans Rcvbl EOYFMV	77	OtherNotesAndLoansRcvblEOYFMV
Prepaid Expenses BOY	47596	PrepaidExpensesBOY
Prepaid Expenses EOY	45925	PrepaidExpensesEOY
Prepaid Expenses EOYFMV	45925	PrepaidExpensesEOYFMV
Investments Corp Stock BOY	7578233	InvestmentsCorpStockBOY
Investments Corp Stock EOY	8760596	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	8760596	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	8340628	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	9204575	InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV	9204575	InvestmentsCorpBondsEOYFMV
Investments Other BOY	40196762	InvestmentsOtherBOY
Investments Other EOY	43419466	InvestmentsOtherEOY
Investments Other EOYFMV	43419466	InvestmentsOtherEOYFMV
Land Building And Equipment Basis	51953	LandBuildingAndEquipmentBasis
Accum Deprec Land Bldg And Equip	50153	AccumDeprecLandBldgAndEquip
Land Building And Equipment BOY	2250	LandBuildingAndEquipmentBOY
Land Building And Equipment EOY	1800	LandBuildingAndEquipmentEOY
Land Building And Equipment EOYFMV	1800	LandBuildingAndEquipmentEOYFMV
Other Assets BOY	63600	OtherAssetsBOY
Other Assets EOY	78016	OtherAssetsEOY
Other Assets EOYFMV	78016	OtherAssetsEOYFMV
Total Assets BOY	59741969	TotalAssetsBOY
Total Assets EOY	63409106	TotalAssetsEOY
Total Assets EOYFMV	63409106	TotalAssetsEOYFMV
Accounts Payable BOY	119339	AccountsPayableBOY
Accounts Payable EOY	55548	AccountsPayableEOY
Grants Payable BOY	2162130	GrantsPayableBOY
Grants Payable EOY	392000	GrantsPayableEOY
Total Liabilities BOY	2281469	TotalLiabilitiesBOY
Total Liabilities EOY	447548	TotalLiabilitiesEOY
Org That Follow SFAS117	X	OrgThatFollowSFAS117
Unrestricted BOY	57460500	UnrestrictedBOY
Unrestricted EOY	62961558	UnrestrictedEOY
Total Net Assets BOY	57460500	TotalNetAssetsBOY
Total Net Assets EOY	62961558	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	59741969	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	63409106	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	57460500	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	1109256	ExcessOfRevenueOverExpenses
Other Increases	4391802	OtherIncreases
Subtotal	62961558	Subtotal
Total Net Assets Fund Balances EOY	62961558	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (18 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Gross Sales PriceGrossSalesPrice	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses	Cost Or Other BasisCostOrOtherBasis
ADAGE PASS THROUGH	P	335762	335762	335762
JOHCM PASS THROUGH	P		-17914	-17914	17914
ADAGE PASS THROUGH	P	453755	453755	453755
HIGHFIELDS PASS THROUGH	P	11149	11149	11149
BRANDYWINE PASS THROUGH	P	5794	5794	5794
HIGHFIELDS PASS THROUGH	P		-28534	-28534	28534
BRANDYWINE PASS THROUGH	P	4810	4810	4810
GLOBAL EMERGING PASS THROUGH	P		-63704	-63704	63704
GLOBAL EMERGING PASS THROUGH	P		-56667	-56667	56667
HICKS MUSE PASS THROUGH	P	206	206	206
MASTERS OFFSHORE	P	387373	387373	387373
QUESTMARK PASS THROUGH	P	4237	4237	4237
SCHWAB - 4267	P	410548	49147	49147	361401
SCHWAB - 4267	P	825550	242637	242637	582913
SILCHESTER PASS THROUGH	P	14874	14874	14874
SILCHESTER PASS THROUGH	P	314261	314261	314261
SILVERCREEK	P	293467	81533	81533	211934
JOHCM PASS THROUGH	P		-146866	-146866	146866

Field	Value	IRS element (for citing)
Capital Gain Net Income	1592349	CapitalGainNetIncome
Net Short Term Capital Gain Or Loss	206156	NetShortTermCapitalGainOrLoss

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	2775441	QualifyingDistributionsYear1
Noncharitable Assets Year1	60669552	NoncharitableAssetsYear1
Distribution Ratio Year1	0.045747	DistributionRatioYear1
Qualifying Distributions Year2	2846074	QualifyingDistributionsYear2
Noncharitable Assets Year2	60308125	NoncharitableAssetsYear2
Distribution Ratio Year2	0.047192	DistributionRatioYear2
Qualifying Distributions Year3	3292969	QualifyingDistributionsYear3
Noncharitable Assets Year3	53470208	NoncharitableAssetsYear3
Distribution Ratio Year3	0.061585	DistributionRatioYear3
Qualifying Distributions Year4	3377655	QualifyingDistributionsYear4
Noncharitable Assets Year4	62650118	NoncharitableAssetsYear4
Distribution Ratio Year4	0.053913	DistributionRatioYear4
Qualifying Distributions Year5	4672615	QualifyingDistributionsYear5
Noncharitable Assets Year5	73823598	NoncharitableAssetsYear5
Distribution Ratio Year5	0.063294	DistributionRatioYear5
Total Distribution Ratio	0.271731	TotalDistributionRatio
Average Distribution Ratio	0.054346	AverageDistributionRatio
Net Noncharitable Assets	60651905	NetNoncharitableAssets
Adjusted Noncharitable Assets	3296188	AdjustedNoncharitableAssets
One Percent Net Investment Income	25452	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	3321640	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	3217012	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	50903	InvestmentIncomeExciseTax
Subtotal	50903	Subtotal
Tax Based On Investment Income	50903	TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment	87956	EstTaxPaymentsAndOverpayment
Total Credits And Payments	87956	TotalCreditsAndPayments
Overpayment	37053	Overpayment
Amount Credited To Next Year	15000	AmountCreditedToNextYear
Amount To Be Refunded	22053	AmountToBeRefunded

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	MD	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Comply With Public Inspection Rqr	true	ComplyWithPublicInspectionRqr
Website Address	WWW.STRAUSFOUNDATION.ORG	WebsiteAddress
Books In Care Of Person Name	JAN RIVITZ	BooksInCareOfPersonName
Books In Care Of Phone Number	4105398308	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	2 EAST READ STREET	AddressLine1
City	BALTIMORE	City
State	MD	State
ZIP Code	21202	ZIPCode

Field	Value	IRS element (for citing)
Foreign Bank	false	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	false	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (8 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
SUSAN LEVITON
500 WEST BALTIMORE STREET	BALTIMORE	MD	21201	DIRECTOR	0.50	0	0	0
JAN RIVITZ
2 EAST READ STREET	BALTIMORE	MD	21202	PRESIDENT/TR	40.00	284586	0	0
TERRY UNDERBERG
136 EAST 56TH STREET	NEW YORK	NY	10022	SECRETARY	0.50	0	0	0
JANE ABRAHAM
11 SLADE AVENUE	PIKESVILLE	MD	21208	DIRECTOR	0.50	0	0	0
STEPHEN H ABRAHAM
1758 PARK ROAD NW	WASHINGTON	DC	200102105	DIRECTOR	0.50	0	0	0
SAMUEL HIMMELRICH
3600 CLIPPER MILL ROAD	BALTIMORE	MD	212111934	DIRECTOR	0.50	0	0	0
LEE E COPLAN
750 EAST PRATT STREET	BALTIMORE	MD	21202	V.P./SECRETA	0.50	0	0	0
CHARLES BAUM
2545 WILKENS AVENUE	BALTIMORE	MD	21223	DIRECTOR	0.50	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE

Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CAMBRIDGE ASSOCIATES	BusinessNameLine1

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	125 HIGH STREET	AddressLine1
City	BOSTON	City
State	MA	State
ZIP Code	02110	ZIPCode

Field	Value	IRS element (for citing)
Type Of Service	INVEST ADVISE	TypeOfService
Compensation	95000	Compensation

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	58750130	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	2705775	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	119633	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	61575538	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	61575538	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	923633	CashDeemedCharitable
Net Noncharitable Assets	60651905	NetNoncharitableAssets
Minimum Investment Return	3032595	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	3032595	MinimumInvestmentReturn
Tax Based On Investment Income	50903	TaxBasedOnInvestmentIncome
Total Tax	50903	TotalTax
Distributable Amount Before Adj	2981692	DistributableAmountBeforeAdj
Distributable Amount Before Ded	2981692	DistributableAmountBeforeDed
Distributable Amount As Adjusted	2981692	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	3217012	ExpensesAndContributions
Qualifying Distributions	3217012	QualifyingDistributions
Adj Qualifying Distributions	3217012	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	2981692	DistributableAmountAsAdjusted
Excess Distri Carryover Year5	1053798	ExcessDistriCarryoverYear5
Excess Distri Carryover Year4	261650	ExcessDistriCarryoverYear4
Excess Distri Carryover Year3	719239	ExcessDistriCarryoverYear3
Total Excess Distri Carryover	2034687	TotalExcessDistriCarryover
Qualifying Distributions	3217012	QualifyingDistributions
Applied To Current Year	2981692	AppliedToCurrentYear
Remaining Distri From Corpus	235320	RemainingDistriFromCorpus
Total Corpus	2270007	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov From Year5	1053798	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	1216209	ExcessDistriCyovToNextYear
Excess From Year4	261650	ExcessFromYear4
Excess From Year3	719239	ExcessFromYear3
Excess From Current Year	235320	ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	JAN RIVITZ	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	2 EAST READ STREET	AddressLine1
Address Line2	SUITE 100	AddressLine2
City	BALTIMORE	City
State	MD	State
ZIP Code	21202	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	4105398308	RecipientPhoneNumber
Form And Info And Materials	COMMON GRANT APPLICATION FORM (ABAG FORM)	FormAndInfoAndMaterials
Submission Deadlines	APPLICATIONS ARE ACCEPTED YEAR-ROUND	SubmissionDeadlines
Restrictions On Awards	NO ENDOWMENTS OR RESTRICTIONS TO INDIVIDUALS	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SEE ATTACHED	BusinessNameLine1

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	SEE ATTACHED	AddressLine1
City	SEE ATTACHED	City
State	MD	State
ZIP Code	21117	ZIPCode

Field	Value	IRS element (for citing)
Recipient Foundation Status	ALL PUBLIC	RecipientFoundationStatus
Purpose Of Grant Or Contribution	ALL GENERAL SUPPORT	PurposeOfGrantOrContribution
Amount	$2,791,230	Amount

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	2791230	TotGrantOrContriPaidDuringYear

Grant Or Contri Approved For Future GrantOrContriApprovedForFuture

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SEE ATTACHED	BusinessNameLine1

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	SEE ATTACHED	AddressLine1
City	SEE ATTACHED	City
State	MD	State
ZIP Code	21117	ZIPCode

Field	Value	IRS element (for citing)
Recipient Foundation Status	ALL PUBLIC	RecipientFoundationStatus
Purpose Of Grant Or Contribution	ALL GENERAL SUPPORT	PurposeOfGrantOrContribution
Amount	$392,000	Amount

Field	Value	IRS element (for citing)
Tot Grant Or Contri Approved Future	392000	TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Related Or Exempt Function Income	1731290	RelatedOrExemptFunctionIncome

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Related Or Exempt Function Income	1592349	RelatedOrExemptFunctionIncome

Other Revenue Described OtherRevenueDescribed

Field	Value	IRS element (for citing)
Description	PASS THROUGH PARTNERSHIP K-1	Description
Related Or Exempt Function Income	-13628	RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Related Or Exempt Function Income	3310011	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	3310011	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Category	INDIRECT ACCOUNTING FEES	Category
Amount	$22,773	Amount
Net Investment Income	11387	NetInvestmentIncome
Disbursements Charitable Prps	11386	DisbursementsCharitablePrps

Compensation Explanation CompensationExplanation

Compensation Compensation (8 entries)

SUSAN LEVITON
JAN RIVITZ
TERRY UNDERBERG
JANE ABRAHAM
STEPHEN H ABRAHAM
SAMUEL HIMMELRICH
LEE E COPLAN
CHARLES BAUM

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (11 entries)

Description Of PropertyDescriptionOfProperty	Date AcquiredDateAcquired	Cost Or Other BasisCostOrOtherBasis	Prior Years DepreciationPriorYearsDepreciation	Computation MethodComputationMethod	LifeLife	Current Year ExpenseCurrentYearExpense
OFFICE FURNITURE	2001-01-23	13526	13526	200DB	7.0000
SHARP COPIER	2001-12-31	3865	3865	200DB	7.0000
WAITING ROOM FURNITURE	2001-12-31	13708	13708	200DB	7.0000
ARTWORK - JAN'S OFFICE	2001-12-31	1968	1968	200DB	7.0000
TOSHIBA PHONE SYSTEM	2001-12-31	2448	2448	200DB	7.0000
NETWORK WEBSITE	2004-02-26	5000	5000	S/L	5.0000
DESIGN/PRODUCE WEBSITE	2004-10-11	5000	5000	S/L	5.0000
LAPTOP COMPUTER	2005-10-05	1724	1724	S/L	5.0000
DESK CHAIR	2000-06-22	690	690	200DB	7.0000
JAN AND PAT'S COMPUTER	2005-06-30	1524	1524	200DB	5.0000
VIDEO CONFERENCE EQUIP	2011-08-02	2500	250	S/L	5.0000	450

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanation

Field	Value	IRS element (for citing)
Identifier	GENERAL ELECTIONS	Identifier
Explanation	YEAR ENDING: DECEMBER 31, 2012 52-2040073 THE AARON STRAUS & LILLIE STRAUS FOUNDATION, INC. 2 EAST READ STREET BALTIMORE, MD 21202 NOL CARRYBACK ELECTION UNDER IRC SECTION 172(B)(3), THE TAXPAYER ELECTS TO RELINQUISH THE ENTIRE CARRYBACK PERIOD WITH RESPECT TO ANY REGULAR TAX AND AMT NET OPERATING LOSS INCURRED DURING THE CURRENT TAX YEAR.	Explanation

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

Field	Value	IRS element (for citing)
Name Of Bond	CHARLES SCHWAB - 4729	NameOfBond
EOY Book Value	9204575	EOYBookValue
EOYFMV	9204575	EOYFMV

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (2 entries)

Name Of StockNameOfStock	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
CHARLES SCHWAB - 4267	3346548	3346548
CHARLES SCHWAB 4729	5414048	5414048

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (15 entries)

Category Or ItemCategoryOrItem	Listed At Cost Or FMVListedAtCostOrFMV	Book ValueBookValue	EOYFMVEOYFMV
SALOMON SB HICKS MUSE PARTNERS	FMV	79997	79997
QUESTMARK PARTNERS	FMV	50436	50436
MASTERS OFFSHORE FUND	FMV	666707	666707
SILVER CREEK LONG SHORT	FMV	568657	568657
THE BALTIMORE FUND	FMV	17829	17829
IRONWOOD	FMV	4351933	4351933
HIGHFIELDS CAPITAL	FMV	5116381	5116381
BRANDYWINE INVESTMENT TRUST	FMV	2574378	2574378
SILVER CREEK III	FMV	3106561	3106561
ADAGE CAPITAL	FMV	11221168	11221168
CHARLES SCHWAB 4729	FMV	72634	72634
THE EMERGING MARKETS COUNTRY FUND	FMV	3197582	3197582
JOHCM INTERNATIONAL SELECT FUND	FMV	2467136	2467136
THE SILCHESTER INTERNATIONAL INVEST	FMV	7365787	7365787
THE WEATHERLOW OFFSHORE FUND	FMV	2562280	2562280

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc

Field	Value	IRS element (for citing)
Cost Or Other Basis	51953	CostOrOtherBasis
Accumulated Depreciation	50153	AccumulatedDepreciation
Book Value	1800	BookValue
EOYFMV	1800	EOYFMV

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	EXECUTIVE COMPENSATION PLAN	Description
BOY Book Value	63600	BOYBookValue
EOY Book Value	78016	EOYBookValue
EOYFMV	78016	EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (17 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Disbursements Charitable PrpsDisbursementsCharitablePrps	Net Investment IncomeNetInvestmentIncome
EXPENSES
BANK CHARGES	86	86
BOARD MEETING EXPENSE	1065	1065
COMPUTER EXPENSE	750	750
DUES AND SUBSCRIPTIONS	1416	1416
HEALTH INSURANCE	56023	48052	7971
INSURANCE	5580	5580
INTERNET EXPENSE	429	429
MANAGEMENT FEE	19507	19507
MEAL AND ENTERTAINMENT	3405	3405
OFFICE SUPPLIES	2346	2346
PARKING	2618	2618
PAYROLL PROCESSING	1111	1111
POSTAGE	673	673
RENT	18168	18168
TELEPHONE	3638	3638
TRAVEL AND SEMINARS	3776	3776

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Field	Value	IRS element (for citing)
Description	PASS THROUGH PARTNERSHIP K-1	Description
Revenue And Expenses Per Books	-13628	RevenueAndExpensesPerBooks
Net Investment Income	-13628	NetInvestmentIncome

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Field	Value	IRS element (for citing)
Description	UNREALIZED GAIN	Description
Amount	$4,391,802	Amount

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShort

Name Of501c3 Organization NameOf501c3Organization

Field	Value	IRS element (for citing)
Business Name Line1	LOAN RECEIAVABLE	BusinessNameLine1

Field	Value	IRS element (for citing)
Balance Due	77	BalanceDue

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees (3 entries)

CategoryCategory	AmountAmount	Disbursements Charitable PrpsDisbursementsCharitablePrps	Net Investment IncomeNetInvestmentIncome
CONSULTANT	$20,000	20000
INVESTMENT ADVISOR	$95,629		95629
INVESTMENT EXPENSES	$550,393		550393

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategory	AmountAmount	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
FOREIGN AND EXCISE TAXES PAID	$25,635	35364
PAYROLL TAXES	$14,398	2191	12207

AARON STRAUS AND LILLIE STRAUS FOUNDATION INC: Form 990PF, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Balance Sheets BalanceSheets

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (18 entries)

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Statements Regarding Activities StatementsRegardingActivities

Books In Care Of US Address BooksInCareOfUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (8 entries)

Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct

Business Name BusinessName

US Address USAddress

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Minimum Investment Return MinimumInvestmentReturn

Distributable DistributableAmount

Qualifying Distributions QualifyingDistributions

Undistributed Income UndistributedIncome

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Recipient US Address RecipientUSAddress

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

Recipient Business Name RecipientBusinessName

Recipient US Address RecipientUSAddress

Grant Or Contri Approved For Future GrantOrContriApprovedForFuture

Recipient Business Name RecipientBusinessName

Recipient US Address RecipientUSAddress

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Other Revenue Described OtherRevenueDescribed

Subtotals Part XVIA SubtotalsPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Compensation Explanation CompensationExplanation

Compensation Compensation (8 entries)

Depreciation Schedule DepreciationSchedule

Depreciation Depreciation (11 entries)

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanation

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (2 entries)

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (15 entries)

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtc

Other Assets Schedule OtherAssetsSchedule

Other Assets OtherAssets

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (17 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income OtherIncome

Other Increases Schedule OtherIncreasesSchedule

Other Increases OtherIncreases

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShort

Name Of501c3 Organization NameOf501c3Organization

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees (3 entries)

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

Comments