﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.7">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-07-23T09:33:21-05:00</Timestamp>
    <TaxPeriodEndDate>2011-06-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>WMC TAX SERVICES LLC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>THE ABBEY - 355 MADISON AVENUE</AddressLine1>
        <City>MORRISTOWN</City>
        <State>NJ</State>
        <ZIPCode>079606900</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2010-07-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>431304452</EIN>
      <Name>
        <BusinessNameLine1>Rose M &amp; Robert W Stubbs Foundation</BusinessNameLine1>
      </Name>
      <NameControl>ROSE</NameControl>
      <Phone>9734011500</Phone>
      <USAddress>
        <AddressLine1>735 OCEAN CLUB DRIVE 5TH FLOOR</AddressLine1>
        <City>Amelia Island</City>
        <State>FL</State>
        <ZIPCode>32034</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Robert W Stubbs</Name>
      <Title>President</Title>
      <DateSigned>2012-01-19</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>JASON M MUNK</Name>
      <Phone>9734011500</Phone>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="9">
    <IRS990PF documentId="IRS990PF">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>624162</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>0</ContriReceivedRevAndExpnss>
        <DividendsRevAndExpnss>21264</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>21264</DividendsNetInvstIncm>
        <DividendsAdjNetIncm>0</DividendsAdjNetIncm>
        <TotalRevenueAndExpenses>21264</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>21264</TotalNetInvestmentIncome>
        <TotalAdjustedNetIncome>0</TotalAdjustedNetIncome>
        <CompOfcrDirTrstRevAndExpnss>4000</CompOfcrDirTrstRevAndExpnss>
        <AccountingFeesRevAndExpnss referenceDocumentId="AccountingFeesSch">2400</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>1200</AccountingFeesNetInvstIncm>
        <AccountingFeesAdjNetIncm>0</AccountingFeesAdjNetIncm>
        <AccountingFeesDsbrsChrtblPrps>1200</AccountingFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="OthProfFeesSch">313</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>313</OtherProfFeesNetInvstIncm>
        <OtherProfFeesAdjNetIncm>0</OtherProfFeesAdjNetIncm>
        <OtherProfFeesDsbrsChrtblPrps>0</OtherProfFeesDsbrsChrtblPrps>
        <InterestRevAndExpnss>729</InterestRevAndExpnss>
        <InterestNetInvstIncm>729</InterestNetInvstIncm>
        <InterestAdjNetIncm>0</InterestAdjNetIncm>
        <InterestDsbrsChrtblPrps>0</InterestDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="TaxesSchedule">402</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>0</TaxesNetInvstIncm>
        <TaxesAdjNetIncm>0</TaxesAdjNetIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="OtherExpensesSch">50</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>50</OtherExpensesNetInvstIncm>
        <TotOprExpensesRevAndExpnss>7894</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>2292</TotOprExpensesNetInvstIncm>
        <TotOprExpensesAdjNetIncm>0</TotOprExpensesAdjNetIncm>
        <TotOprExpensesDsbrsChrtblPrps>1200</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>16575</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>16575</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>24469</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>2292</TotalExpensesNetInvstIncm>
        <TotalExpensesAdjNetIncm>0</TotalExpensesAdjNetIncm>
        <TotalExpensesDsbrsChrtblPrps>17775</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-3205</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>18972</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>0</CashBOY>
        <CashEOY>0</CashEOY>
        <CashEOYFMV>0</CashEOYFMV>
        <InvestmentsCorpStockBOY>406318</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="InvestCorpStockSch">406318</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>624162</InvestmentsCorpStockEOYFMV>
        <TotalAssetsBOY>406318</TotalAssetsBOY>
        <TotalAssetsEOY>406318</TotalAssetsEOY>
        <TotalAssetsEOYFMV>624162</TotalAssetsEOYFMV>
        <OtherLiabilitiesBOY referenceDocumentId="OtherLiabSch">10945</OtherLiabilitiesBOY>
        <OtherLiabilitiesEOY referenceDocumentId="OtherLiabSch">14150</OtherLiabilitiesEOY>
        <TotalLiabilitiesBOY>10945</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>14150</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>395373</RetainedEarningsBOY>
        <RetainedEarningsEOY>392168</RetainedEarningsEOY>
        <TotalNetAssetsBOY>395373</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>392168</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>406318</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>406318</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>395373</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-3205</ExcessOfRevenueOverExpenses>
        <Subtotal>392168</Subtotal>
        <TotalNetAssetsFundBalancesEOY>392168</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses />
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>39600</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>547579</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.072318</DistributionRatioYear1>
        <QualifyingDistributionsYear2>29541</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>537203</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.05499</DistributionRatioYear2>
        <QualifyingDistributionsYear3>49784</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>687118</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.072453</DistributionRatioYear3>
        <QualifyingDistributionsYear4>42640</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>578909</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.073656</DistributionRatioYear4>
        <QualifyingDistributionsYear5>33125</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>377645</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.087715</DistributionRatioYear5>
        <TotalDistributionRatio>0.361132</TotalDistributionRatio>
        <AverageDistributionRatio>0.072226</AverageDistributionRatio>
        <NetNoncharitableAssets>619481</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>44743</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>190</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>44933</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>17775</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>379</InvestmentIncomeExciseTax>
        <Subtotal>379</Subtotal>
        <TaxBasedOnInvestmentIncome>379</TaxBasedOnInvestmentIncome>
        <TaxPaidWithExtension>379</TaxPaidWithExtension>
        <TotalCreditsAndPayments>379</TotalCreditsAndPayments>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>ROBERT W STUBBS</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>9734011500</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>735 OCEAN CLUB DRIVE</AddressLine1>
          <City>AMELIA ISLAND</City>
          <State>FL</State>
          <ZIPCode>32034</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <UndistrIncome4942a2NotApplied>false</UndistrIncome4942a2NotApplied>
        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
        <ProceedsOrNetIncome>false</ProceedsOrNetIncome>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>ROBERT W STUBBS</PersonName>
          <USAddress>
            <AddressLine1>735 OCEAN CLUB DRIVE 5TH FLOOR</AddressLine1>
            <City>AMELIA ISLAND</City>
            <State>FL</State>
            <ZIPCode>32034</ZIPCode>
          </USAddress>
          <Title>CHAIRMAN</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>4000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>ROSE MARIE STUBBS</PersonName>
          <USAddress>
            <AddressLine1>735 OCEAN CLUB DRIVE 5TH FLOOR</AddressLine1>
            <City>AMELIA ISLAND</City>
            <State>FL</State>
            <ZIPCode>32034</ZIPCode>
          </USAddress>
          <Title>PRESIDENT</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>CHARITY M STUBBS-GUZOFSKI</PersonName>
          <USAddress>
            <AddressLine1>32 Gramercy Park South Apt 5J</AddressLine1>
            <City>New York</City>
            <State>NY</State>
            <ZIPCode>10003</ZIPCode>
          </USAddress>
          <Title>TREASURER &amp; SECRETARY</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>THOMAS J ROSS</PersonName>
          <USAddress>
            <AddressLine1>11 MAGNOLIA PLACE</AddressLine1>
            <City>CHATHAM TOWNSHIP</City>
            <State>NJ</State>
            <ZIPCode>07928</ZIPCode>
          </USAddress>
          <Title>VICE PRES &amp; DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy />
      <SumOfProgramRelatedInvestments />
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>628915</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>0</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>628915</TotalFMVOfUnusedAssets>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>628915</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>9434</CashDeemedCharitable>
        <NetNoncharitableAssets>619481</NetNoncharitableAssets>
        <MinimumInvestmentReturn>30974</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>30974</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>379</TaxBasedOnInvestmentIncome>
        <TotalTax>379</TotalTax>
        <DistributableAmountBeforeAdj>30595</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>30595</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>30595</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>17775</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <AmountsPaidAcqCharitableAssets>0</AmountsPaidAcqCharitableAssets>
        <AmountsSetAsideSuitabilityTest>0</AmountsSetAsideSuitabilityTest>
        <AmountsSetAsideCashDistriTest>0</AmountsSetAsideCashDistriTest>
        <QualifyingDistributions>17775</QualifyingDistributions>
        <AdjQualifyingDistributions>17775</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>30595</DistributableAmountAsAdjusted>
        <PriorYear1>2008</PriorYear1>
        <PriorYear2>2007</PriorYear2>
        <PriorYear3>2006</PriorYear3>
        <ExcessDistriCarryoverYear5>14593</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>14115</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>15880</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>3099</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>12612</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>60299</TotalExcessDistriCarryover>
        <QualifyingDistributions>17775</QualifyingDistributions>
        <AppliedToCurrentYear>17775</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>0</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>12820</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>12820</ExcessDistriCyovAppliedCY>
        <TotalCorpus>47479</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovFromYear5>1773</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>45706</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>14115</ExcessFromYear4>
        <ExcessFromYear3>15880</ExcessFromYear3>
        <ExcessFromYear2>3099</ExcessFromYear2>
        <ExcessFromYear1>12612</ExcessFromYear1>
      </UndistributedIncome>
      <PrivateOperatingFoundations />
      <SupplementaryInformation>
        <ContributingManager>NA</ContributingManager>
        <ShareholderManager>NA</ShareholderManager>
        <AppicationSubmissionInfo>
          <RecipientName>ROBERT W STUBBS</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>735 OCEAN CLUB DRIVE 5th FLOOR</AddressLine1>
            <City>AMELIA ISLAND</City>
            <State>FL</State>
            <ZIPCode>32034</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>9734011500</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>IN WRITING TO INCLUDE VERIFICATION THAT ORGANIZATION IS EXEMPT UNDER SECTION 501(C) (3)</FormAndInfoAndMaterials>
          <SubmissionDeadlines>NOT APPLICABLE</SubmissionDeadlines>
          <RestrictionsOnAwards>NOT APPLICABLE</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CALIFORNIA BALLET</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4819 RONSON COURT</AddressLine1>
            <City>SAN DIEGO</City>
            <State>CA</State>
            <ZIPCode>92111</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PATHFINDER VILLAGE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3 CHENANGO ROAD</AddressLine1>
            <City>EDMESTON</City>
            <State>NY</State>
            <ZIPCode>13335</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>1025</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ADAPTIVE SPORTS FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 266</AddressLine1>
            <AddressLine2>100 SILVERMAN WAY</AddressLine2>
            <City>WINDHAM</City>
            <State>NY</State>
            <ZIPCode>12496</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>1300</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN RED CROSS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2025 E STREET NW</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20006</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>750</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CARING TOGETHER INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 12383</AddressLine1>
            <City>ALBANY</City>
            <State>NY</State>
            <ZIPCode>12212</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN CANCER SOCIETY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 22718</AddressLine1>
            <City>OKLAHOMA CITY</City>
            <State>OK</State>
            <ZIPCode>73123</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GILMAN INTERNATIONAL CONSERVATION FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>58175 WHITE OAK ROAD</AddressLine1>
            <City>YULEE</City>
            <State>FL</State>
            <ZIPCode>32097</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>1250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE OPPORTUNITY CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>13-19 FAIR LAWN AVENUE</AddressLine1>
            <City>FAIR LAWN</City>
            <State>NJ</State>
            <ZIPCode>07410</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CATSKILL MOUNTAIN FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 600</AddressLine1>
            <City>WINDHAM</City>
            <State>NY</State>
            <ZIPCode>12496</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>VALLEY HOSPITAL FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>223 N VAN DIEN AVENUE</AddressLine1>
            <City>RIDGEWOOD</City>
            <State>NJ</State>
            <ZIPCode>07450</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>1250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHURCH OF THE NATIVITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>20 EAST RIDGELY ROAD</AddressLine1>
            <City>TIMONIUM</City>
            <State>MD</State>
            <ZIPCode>21093</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WHITE OAK CONSERVATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>581705 WHITE OAK ROAD</AddressLine1>
            <City>YULEE</City>
            <State>FL</State>
            <ZIPCode>32097</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SPOLETO FESTIVAL USA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>14 GEORGE STREET</AddressLine1>
            <City>CHARLESTON</City>
            <State>SC</State>
            <ZIPCode>29401</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SALVATION ARMY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>615 SLATERS LANE</AddressLine1>
            <City>ALEXANDRIA</City>
            <State>VA</State>
            <ZIPCode>22313</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CONSUMER REPORTS FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>101 TRUMAN AVENUE</AddressLine1>
            <City>YONKERS</City>
            <State>NY</State>
            <ZIPCode>10703</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PLAY FOR PINK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>60 EAST 56TH STREET</AddressLine1>
            <AddressLine2>8TH FLOOR</AddressLine2>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10022</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CYSTIC FIBROSIS FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2 UNIVERSITY PLAZA SUITE 312</AddressLine1>
            <City>HACKENSACK</City>
            <State>NJ</State>
            <ZIPCode>07601</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>16575</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <FeesContractsFromGovtAgencies />
        <MembershipDuesAndAssessments />
        <IntOnSavingsAndTempCashInvst />
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>21264</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <NetRentalIncmReDebtFincdProp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncmPersonalProperty />
        <OtherInvestmentIncomePartVII />
        <GainSalesAssetsOthThanInvntry />
        <NetIncomeLossFromSpecialEvents />
        <GrossProfitLossSalesOfInvntry />
        <SubtotalsPartXVIA>
          <ExclusionAmount>21264</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>21264</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFees>
        <Category>ACCOUNTING FEES</Category>
        <Amount>2400</Amount>
        <NetInvestmentIncome>1200</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>1200</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorpStock>
        <NameOfStock>THRU OPPENHEIMER</NameOfStock>
        <EOYBookValue>406318</EOYBookValue>
        <EOYFMV>624162</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <LandEtcSchedule2 documentId="LandEtcSch2" />
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpenses>
        <Description>MISCELLANEOUS FEES</Description>
        <RevenueAndExpensesPerBooks>50</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>50</NetInvestmentIncome>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabSch">
      <OtherLiabilities>
        <Description>DUE TO OPPENHEIMER</Description>
        <BOYBookValue>250</BOYBookValue>
        <EOYBookValue>0</EOYBookValue>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>MARGIN LIABILITY - OPPENHEIMER</Description>
        <BOYBookValue>10695</BOYBookValue>
        <EOYBookValue>14150</EOYBookValue>
      </OtherLiabilities>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFees>
        <Category>REG AGENT FEES</Category>
        <Amount>313</Amount>
        <NetInvestmentIncome>313</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <Taxes>
        <Category>TAX ON NET INVESTMENT INCOME</Category>
        <Amount>402</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>