﻿<?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="2012v2.1">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-11-15T10:42:31-06:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>223340257</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>DAVID WILSCHANSKI CPA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>555 MADISON AVE</AddressLine1>
        <City>LAKEWOOD</City>
        <State>NJ</State>
        <ZIPCode>08701</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>226766865</EIN>
      <Name>
        <BusinessNameLine1>JFI CHARITABLE TRUST</BusinessNameLine1>
      </Name>
      <NameControl>JFIC</NameControl>
      <Phone>7325312562</Phone>
      <USAddress>
        <AddressLine1>555 MADISON AVE</AddressLine1>
        <City>LAKEWOOD</City>
        <State>NJ</State>
        <ZIPCode>08701</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>JOSEPH INY</Name>
      <Title>TTEE</Title>
      <Phone>7325312562</Phone>
      <DateSigned>2013-11-15</DateSigned>
    </Officer>
    <Preparer>
      <PTIN>P00845238</PTIN>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="6">
    <IRS990PF documentId="RetDoc1235000001">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>8589058</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>11000</ContriReceivedRevAndExpnss>
        <InterestOnSavingsRevAndExpnss>8146</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>8146</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>23300</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>23300</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>-3291</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>544101</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>0</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>39155</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>31446</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>0</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>0</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>0</CompOfcrDirTrstDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc2002200001">1500</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>1500</AccountingFeesNetInvstIncm>
        <AccountingFeesDsbrsChrtblPrps>0</AccountingFeesDsbrsChrtblPrps>
        <InterestRevAndExpnss>4500</InterestRevAndExpnss>
        <InterestNetInvstIncm>4500</InterestNetInvstIncm>
        <InterestDsbrsChrtblPrps>0</InterestDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">14506</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>14506</TaxesNetInvstIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc2003200001">13840</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>3175</OtherExpensesNetInvstIncm>
        <OtherExpensesDsbrsChrtblPrps>10665</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>34346</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>23681</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>10665</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>485120</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>485120</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>519466</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>23681</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>495785</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-480311</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>7765</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>108689</CashBOY>
        <CashEOY>20463</CashEOY>
        <CashEOYFMV>20463</CashEOYFMV>
        <SavingsAndTempCashInvstBOY>8223258</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>2934195</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>2934195</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>2160087</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc2018900001">7057065</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>5634400</InvestmentsCorpStockEOYFMV>
        <TotalAssetsBOY>10492034</TotalAssetsBOY>
        <TotalAssetsEOY>10011723</TotalAssetsEOY>
        <TotalAssetsEOYFMV>8589058</TotalAssetsEOYFMV>
        <TotalLiabilitiesBOY>0</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>0</CapitalStockBOY>
        <CapitalStockEOY>0</CapitalStockEOY>
        <PaidInOrCapitalSurplusBOY>0</PaidInOrCapitalSurplusBOY>
        <PaidInOrCapitalSurplusEOY>0</PaidInOrCapitalSurplusEOY>
        <RetainedEarningsBOY>10492034</RetainedEarningsBOY>
        <RetainedEarningsEOY>10011723</RetainedEarningsEOY>
        <TotalNetAssetsBOY>10492034</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>10011723</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>10492034</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>10011723</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>10492034</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-480311</ExcessOfRevenueOverExpenses>
        <OtherIncreases>0</OtherIncreases>
        <Subtotal>10011723</Subtotal>
        <OtherDecreases>0</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>10011723</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>BOEING</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2012-03-16</DateAcquired>
          <DateSold>2012-03-22</DateSold>
          <GrossSalesPrice>369839</GrossSalesPrice>
          <CostOrOtherBasis>376406</CostOrOtherBasis>
          <GainOrLoss>-6567</GainOrLoss>
          <GainsMinusExcessOrLosses>-6567</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>HESS CORP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2012-06-05</DateAcquired>
          <DateSold>2012-07-17</DateSold>
          <GrossSalesPrice>174262</GrossSalesPrice>
          <CostOrOtherBasis>170986</CostOrOtherBasis>
          <GainOrLoss>3276</GainOrLoss>
          <GainsMinusExcessOrLosses>3276</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>-3291</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>0</LiableFor4942Tax>
        <QualifyingDistributionsYear1>105101</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>9792680</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.010733</DistributionRatioYear1>
        <QualifyingDistributionsYear2>426378</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>9939550</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.042897</DistributionRatioYear2>
        <QualifyingDistributionsYear3>42092</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>9623063</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.004374</DistributionRatioYear3>
        <QualifyingDistributionsYear4>207767</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>9308839</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.022319</DistributionRatioYear4>
        <QualifyingDistributionsYear5>246689</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>5922517</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.041653</DistributionRatioYear5>
        <TotalDistributionRatio>0.121976</TotalDistributionRatio>
        <AverageDistributionRatio>0.024395</AverageDistributionRatio>
        <NetNoncharitableAssets>8718933</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>212698</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>78</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>212776</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>495785</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>78</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>78</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>78</TaxBasedOnInvestmentIncome>
        <TotalCreditsAndPayments>0</TotalCreditsAndPayments>
        <TaxDue>78</TaxDue>
      </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>
        <StatesFiledWith>NJ</StatesFiledWith>
        <Form990PFFiledWithAG>0</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>0</PrivateOperatingFoundation>
        <NewSubstantialContributors>0</NewSubstantialContributors>
        <InterestInControlledEntity>0</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>ORGANIZATION</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>7325312562</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>555 MADISON AVE</AddressLine1>
          <City>LAKEWOOD</City>
          <State>NJ</State>
          <ZIPCode>08701</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>0</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>0</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>0</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>0</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>0</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>0</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>0</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>0</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>0</UndistributedIncomePriorYears>
        <BusinessHoldings>0</BusinessHoldings>
        <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>JOSEPH INY</PersonName>
          <USAddress>
            <AddressLine1>600 THREE ISLAND BLVD APT 307B</AddressLine1>
            <City>HALLANDALE</City>
            <State>FL</State>
            <ZIPCode>33009</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>10.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>NAAVA ZAFRANI</PersonName>
          <USAddress>
            <AddressLine1>108 FREEMAN RD</AddressLine1>
            <City>LAKEWOOD</City>
            <State>NJ</State>
            <ZIPCode>08701</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>DAVID WILSCHANSKI</PersonName>
          <USAddress>
            <AddressLine1>555 MADISON AVENUE</AddressLine1>
            <City>LAKEWOOD</City>
            <State>NJ</State>
            <ZIPCode>08701</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy>
        <Description1>SUPPORT OF S 501(C)(3) EXEMPT ORGANIZATIONS</Description1>
        <Expenses1>500785</Expenses1>
      </SummaryOfDirectCharitableActy>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>2832692</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>6019017</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>8851709</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>8851709</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>132776</CashDeemedCharitable>
        <NetNoncharitableAssets>8718933</NetNoncharitableAssets>
        <MinimumInvestmentReturn>435947</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>435947</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>78</TaxBasedOnInvestmentIncome>
        <TotalTax>78</TotalTax>
        <DistributableAmountBeforeAdj>435869</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>435869</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>435869</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>495785</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>495785</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>78</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>495707</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>435869</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>483201</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <TotalExcessDistriCarryover>0</TotalExcessDistriCarryover>
        <QualifyingDistributions>495785</QualifyingDistributions>
        <AppliedToYear1>483201</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>12584</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>423285</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>0</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>0</ExcessDistriCyovToNextYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>JOSEPH INY</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ASSOCIATION FOR ADVANCEMENT OF EDUCATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>555 MADISON AVE</AddressLine1>
            <City>LAKEWOOD</City>
            <State>NJ</State>
            <ZIPCode>08701</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION;LISTTOTAL 700</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BAIS YAAKOV SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>277 JAMES ST</AddressLine1>
            <City>LAKEWOOD</City>
            <State>NJ</State>
            <ZIPCode>08701</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION;LISTTOTAL 27000</PurposeOfGrantOrContribution>
          <Amount>4000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>101</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>980 AVENUE OF THE AMERICAS</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10018</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>250000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BAIS KAILA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1 BAIS KAILA LN</AddressLine1>
            <City>LAKEWOOD</City>
            <State>NJ</State>
            <ZIPCode>08701</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BEIT MIDRASH &amp; MESIVTA OF BALTIMORE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>6823 OLD PIMLICO RD</AddressLine1>
            <City>BALTIMORE</City>
            <State>MD</State>
            <ZIPCode>21209</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>11000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CONGREGATION BNEI YESHIVA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>728 SHREWSBURY AVE</AddressLine1>
            <City>LONG BRANCH</City>
            <State>NJ</State>
            <ZIPCode>07740</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>4000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>KHAL BNEI TORAH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>19 CORNELIUS DR</AddressLine1>
            <City>LAKEWOOD</City>
            <State>NJ</State>
            <ZIPCode>08701</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>105915</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SEPHARDIC CONGREGATION OF HALLANDALE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1930 HALLANDALE BEACH BLVD</AddressLine1>
            <City>HALLANDALE</City>
            <State>FL</State>
            <ZIPCode>33009</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>3954</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LAKEWOOD CHEDER SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1210 CLIFTON AVE</AddressLine1>
            <City>LAKEWOOD</City>
            <State>NJ</State>
            <ZIPCode>08701</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>41200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MISHKAN MEIR</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1>110 AHARON ASHBOLI ST</AddressLine1>
            <City>JERUSALEM</City>
            <Country>IS</Country>
          </RecipientForeignAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NOVEA SOUTH EASTERN UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3301 COLLEGE AVE</AddressLine1>
            <City>FORT LAUDERDALE</City>
            <State>FL</State>
            <ZIPCode>33914</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>4000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SEPHARDIC TORAH CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>213 LENOX AVE</AddressLine1>
            <City>LONG BRANCH</City>
            <State>NJ</State>
            <ZIPCode>07740</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>10137</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TIFERES BAIS YAAKOV</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>613 OAK ST</AddressLine1>
            <City>LAKEWOOD</City>
            <State>NJ</State>
            <ZIPCode>08701</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>4780</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>VAAD MISHMERES MITZVOS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1>5773 FERIER SUITE 206</AddressLine1>
            <City>MONTREAL</City>
            <ProvinceOrState>CANADA</ProvinceOrState>
            <Country>CA</Country>
          </RecipientForeignAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>YESHIVA NACHALAS YISROEL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1>25 RAMAT BEIT SHEMESH</AddressLine1>
            <ProvinceOrState>ISRAEL</ProvinceOrState>
            <Country>IS</Country>
          </RecipientForeignAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>YESHIVA NER MOSHE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1227 E 8TH ST</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11230</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>11000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>YESHIVA OHR HAMEIR</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>141 FURNACE WOODS RD</AddressLine1>
            <City>CORTLANDT MANOR</City>
            <State>NY</State>
            <ZIPCode>10567</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>VARIOUS 501(C)(3) ORGANIZATIONS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>VARIOUS</AddressLine1>
            <City>LAKEWOOD</City>
            <State>NJ</State>
            <ZIPCode>08701</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF 501(C)(3) ORGANIZATION</PurposeOfGrantOrContribution>
          <Amount>8134</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>485120</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>8146</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>23300</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>-3291</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>0</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>28155</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>28155</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>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>JOSEPH INY</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>600 THREE ISLAND BLVD</AddressLine1>
          <City>HALLANDALE</City>
          <State>FL</State>
          <ZIPCode>33009</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>11000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFees>
        <Category>ACCOUNTING FEES</Category>
        <Amount>1500</Amount>
        <NetInvestmentIncome>1500</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>57000 SH LDK</NameOfStock>
        <EOYBookValue>635698</EOYBookValue>
        <EOYFMV>82080</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>53000 SH LDK</NameOfStock>
        <EOYBookValue>670707</EOYBookValue>
        <EOYFMV>76320</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>120000 SH LDK</NameOfStock>
        <EOYBookValue>853682</EOYBookValue>
        <EOYFMV>172800</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>5000 SH LDK</NameOfStock>
        <EOYBookValue>23408</EOYBookValue>
        <EOYFMV>7200</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>100000 SH HESS</NameOfStock>
        <EOYBookValue>4873570</EOYBookValue>
        <EOYFMV>5296000</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>EXPENSES FOR CHARITABLE PURPOSE</Description>
        <RevenueAndExpensesPerBooks>10665</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>10665</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BANK CHARGES</Description>
        <RevenueAndExpensesPerBooks>349</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>349</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>OFFICE EXPENSES</Description>
        <RevenueAndExpensesPerBooks>2826</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>2826</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>TAXES</Category>
        <Amount>14506</Amount>
        <NetInvestmentIncome>14506</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>