﻿<?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="2010v3.4">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-03-14T15:32:44-05:00</Timestamp>
    <TaxPeriodEndDate>2011-09-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>MARGOLIN WINER &amp; EVENS LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>400 GARDEN CITY PLAZA</AddressLine1>
        <City>GARDEN CITY</City>
        <State>NY</State>
        <ZIPCode>115303323</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2010-10-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>113241586</EIN>
      <Name>
        <BusinessNameLine1>HUGH &amp; BETSY LAMLE FOUNDATION</BusinessNameLine1>
        <BusinessNameLine2>C/O MD SASS INVESTORS SERVICES INC</BusinessNameLine2>
      </Name>
      <NameControl>HUGH</NameControl>
      <Phone>2127302000</Phone>
      <USAddress>
        <AddressLine1>1185 AVE OF THE AMERICAS 18TH FL</AddressLine1>
        <City>NEW YORK</City>
        <State>NY</State>
        <ZIPCode>10036</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>HUGH LAMLE</Name>
      <Title>PRESIDENT</Title>
      <Phone>2127302000</Phone>
      <DateSigned>2012-03-14</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Phone>5167472000</Phone>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="9">
    <IRS990PF documentId="RetDoc1235000001" referenceDocumentId="RetDoc2258700001">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>183340</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>121100</ContriReceivedRevAndExpnss>
        <InterestOnSavingsRevAndExpnss>3780</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>3780</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>711</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>711</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>3053</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>75548</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>3053</CapitalGainNetIncmNetInvstIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="RetDoc2001500001">1154</OtherIncomeRevAndExpnss>
        <OtherIncomeNetInvstIncm>1154</OtherIncomeNetInvstIncm>
        <OtherIncomeAdjNetIncm>0</OtherIncomeAdjNetIncm>
        <TotalRevenueAndExpenses>129798</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>8698</TotalNetInvestmentIncome>
        <TotalAdjustedNetIncome>0</TotalAdjustedNetIncome>
        <CompOfcrDirTrstRevAndExpnss>0</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>0</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstAdjNetIncm>0</CompOfcrDirTrstAdjNetIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>0</CompOfcrDirTrstDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">3</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>0</TaxesNetInvstIncm>
        <TaxesAdjNetIncm>0</TaxesAdjNetIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc2003200001">1595</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>1019</OtherExpensesNetInvstIncm>
        <OtherExpensesAdjNetIncm>0</OtherExpensesAdjNetIncm>
        <OtherExpensesDsbrsChrtblPrps>0</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>1598</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>1019</TotOprExpensesNetInvstIncm>
        <TotOprExpensesAdjNetIncm>0</TotOprExpensesAdjNetIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>59895</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>58723</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>61493</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>1019</TotalExpensesNetInvstIncm>
        <TotalExpensesAdjNetIncm>0</TotalExpensesAdjNetIncm>
        <TotalExpensesDsbrsChrtblPrps>58723</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>68305</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>7679</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>3807</CashBOY>
        <CashEOY>21185</CashEOY>
        <CashEOYFMV>21185</CashEOYFMV>
        <SavingsAndTempCashInvstBOY>3038</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>17555</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>17555</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsGovtObligBOY>7455</InvestmentsGovtObligBOY>
        <InvestmentsGovtObligEOY referenceDocumentId="RetDoc2210400001">54703</InvestmentsGovtObligEOY>
        <InvestmentsGovtObligEOYFMV>67453</InvestmentsGovtObligEOYFMV>
        <InvestmentsOtherBOY>107500</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="RetDoc2018100001">96662</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>77147</InvestmentsOtherEOYFMV>
        <TotalAssetsBOY>121800</TotalAssetsBOY>
        <TotalAssetsEOY>190105</TotalAssetsEOY>
        <TotalAssetsEOYFMV>183340</TotalAssetsEOYFMV>
        <TotalLiabilitiesBOY>0</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>0</CapitalStockBOY>
        <CapitalStockEOY>0</CapitalStockEOY>
        <PaidInOrCapitalSurplusBOY>0</PaidInOrCapitalSurplusBOY>
        <PaidInOrCapitalSurplusEOY>0</PaidInOrCapitalSurplusEOY>
        <RetainedEarningsBOY>121800</RetainedEarningsBOY>
        <RetainedEarningsEOY>190105</RetainedEarningsEOY>
        <TotalNetAssetsBOY>121800</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>190105</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>121800</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>190105</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>121800</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>68305</ExcessOfRevenueOverExpenses>
        <OtherIncreases>0</OtherIncreases>
        <Subtotal>190105</Subtotal>
        <OtherDecreases>0</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>190105</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>THRU K-1 - MD SASS MULTI STRATEGY PTRS II LLC</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2006-09-01</DateAcquired>
          <DateSold>2011-09-30</DateSold>
          <GrossSalesPrice>685</GrossSalesPrice>
          <GainOrLoss>685</GainOrLoss>
          <GainsMinusExcessOrLosses>685</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>THRU K-1 - MD SASS MULTI STRATEGY PTRS II LLC</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2006-09-01</DateAcquired>
          <DateSold>2011-09-30</DateSold>
          <GrossSalesPrice>568</GrossSalesPrice>
          <GainOrLoss>568</GainOrLoss>
          <GainsMinusExcessOrLosses>568</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>THRU K-1 - WATERFALL EDEN FUND LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2006-07-01</DateAcquired>
          <DateSold>2011-09-30</DateSold>
          <GrossSalesPrice>119</GrossSalesPrice>
          <GainOrLoss>119</GainOrLoss>
          <GainsMinusExcessOrLosses>119</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>THRU K-1 - WATERFALL EDEN FUND LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2006-07-01</DateAcquired>
          <DateSold>2011-09-30</DateSold>
          <CostOrOtherBasis>11945</CostOrOtherBasis>
          <GainOrLoss>-11945</GainOrLoss>
          <GainsMinusExcessOrLosses>-11945</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>1568 SHS ASPEN TECHNOLOGY INC</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <DateAcquired>2010-11-17</DateAcquired>
          <DateSold>2011-04-11</DateSold>
          <GrossSalesPrice>23227</GrossSalesPrice>
          <CostOrOtherBasis>18988</CostOrOtherBasis>
          <GainOrLoss>4239</GainOrLoss>
          <GainsMinusExcessOrLosses>4239</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>732 SHS ASPEN TECHNOLOGY INC</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <DateAcquired>2010-11-17</DateAcquired>
          <DateSold>2011-04-11</DateSold>
          <GrossSalesPrice>10724</GrossSalesPrice>
          <CostOrOtherBasis>8865</CostOrOtherBasis>
          <GainOrLoss>1859</GainOrLoss>
          <GainsMinusExcessOrLosses>1859</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>700 SHS ASPEN TECHNOLOGY INC</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <DateAcquired>2010-11-17</DateAcquired>
          <DateSold>2011-04-11</DateSold>
          <GrossSalesPrice>10259</GrossSalesPrice>
          <CostOrOtherBasis>8477</CostOrOtherBasis>
          <GainOrLoss>1782</GainOrLoss>
          <GainsMinusExcessOrLosses>1782</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>2000 SHS ASPEN TECHNOLOGY INC</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <DateAcquired>2010-11-17</DateAcquired>
          <DateSold>2011-04-26</DateSold>
          <GrossSalesPrice>29966</GrossSalesPrice>
          <CostOrOtherBasis>24220</CostOrOtherBasis>
          <GainOrLoss>5746</GainOrLoss>
          <GainsMinusExcessOrLosses>5746</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>3053</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>0</LiableFor4942Tax>
        <QualifyingDistributionsYear1>12070</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>97369</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.123961</DistributionRatioYear1>
        <QualifyingDistributionsYear2>48315</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>133093</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.363017</DistributionRatioYear2>
        <QualifyingDistributionsYear3>68840</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>179299</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.383940</DistributionRatioYear3>
        <QualifyingDistributionsYear4>55175</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>215970</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.255475</DistributionRatioYear4>
        <QualifyingDistributionsYear5>53967</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>229616</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.235032</DistributionRatioYear5>
        <TotalDistributionRatio>1.361425</TotalDistributionRatio>
        <AverageDistributionRatio>0.272285</AverageDistributionRatio>
        <NetNoncharitableAssets>191663</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>52187</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>77</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>52264</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>58723</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>77</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>77</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>77</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>672</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>672</TotalCreditsAndPayments>
        <Overpayment>595</Overpayment>
        <AmountCreditedToNextYear>595</AmountCreditedToNextYear>
        <AmountToBeRefunded>0</AmountToBeRefunded>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>0</LegislativePoliticalActivities>
        <MoreThan100Spent>0</MoreThan100Spent>
        <Form1120POLFiled>0</Form1120POLFiled>
        <Sect4955TaxOnOrganization>0</Sect4955TaxOnOrganization>
        <Sect4955TaxOnManagers>0</Sect4955TaxOnManagers>
        <ReimbursementOfTax>0</ReimbursementOfTax>
        <ActivitiesNotPrevReported>0</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>0</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>0</UnrelatedBusIncomeOver1000>
        <TerminationEtc>0</TerminationEtc>
        <RequirementsOfSect508e>1</RequirementsOfSect508e>
        <AtLeast5000InAssets>1</AtLeast5000InAssets>
        <StatesFiledWith>NY</StatesFiledWith>
        <Form990PFFiledWithAG>1</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>0</PrivateOperatingFoundation>
        <NewSubstantialContributors referenceDocumentId="RetDoc2089200001">1</NewSubstantialContributors>
        <InterestInControlledEntity>0</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>HUGH LAMLE</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>2127302000</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>559 DUNE ROAD</AddressLine1>
          <City>WESTHAMPTON</City>
          <State>NY</State>
          <ZIPCode>11978</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>HUGH LAMLE</PersonName>
          <USAddress>
            <AddressLine1>559 DUNE ROAD</AddressLine1>
            <City>WESTHAMPTON BEACH</City>
            <State>NY</State>
            <ZIPCode>11978</ZIPCode>
          </USAddress>
          <Title>PRESIDENT AND TREASURER</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>168101</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>26481</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>194582</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>194582</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>2919</CashDeemedCharitable>
        <NetNoncharitableAssets>191663</NetNoncharitableAssets>
        <MinimumInvestmentReturn>9583</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>9583</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>77</TaxBasedOnInvestmentIncome>
        <TotalTax>77</TotalTax>
        <DistributableAmountBeforeAdj>9506</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>9506</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>9506</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>58723</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>58723</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>77</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>58646</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>9506</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <ExcessDistriCarryoverYear5>46248</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>45394</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>60622</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>41694</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>7202</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>201160</TotalExcessDistriCarryover>
        <QualifyingDistributions>58723</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>9506</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>49217</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>250377</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>46248</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>204129</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>45394</ExcessFromYear4>
        <ExcessFromYear3>60622</ExcessFromYear3>
        <ExcessFromYear2>41694</ExcessFromYear2>
        <ExcessFromYear1>7202</ExcessFromYear1>
        <ExcessFromCurrentYear>49217</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>92ND STREET Y</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1395 LEXINGTON AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10128</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>80</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BARUCH COLLEGE FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1 BERNARD BARUCH WAY</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10010</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BROOKLYN ACADEMY OF MUSIC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>30 LAFAYETTE AVENUE</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11217</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BROOKLYN COLLEGE FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2900 BEDFORD AVENUE</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
            <ZIPCode>11210</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>798</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CARL SCHURZ PARK ASSOCIATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>217 EAST 85TH STREET PMB 116</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10028</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CENTRAL PARK CONSERVANCY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>14 E 60TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10022</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COLORADO CHRISTIAN SERVICES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3959 EAST ARAPAHOE ROAD</AddressLine1>
            <City>CENTENNIAL</City>
            <State>CO</State>
            <ZIPCode>80122</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DOCTORS WITHOUT BORDERS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>333 SEVENTH AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FRIENDS OF WESTHAMPTON AMBULANCE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3 HAZELWOOD AVENUE</AddressLine1>
            <City>WESTHAMPTON BEACH</City>
            <State>NY</State>
            <ZIPCode>11978</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GUGGENHEIM MUSEUM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1071 FIFTH AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10128</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>125</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HEBREW FREE LOAN SOCIETY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>675 THIRD AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10017</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MUSEUM OF MODERN ART</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>11 W 53RD STREET</AddressLine1>
            <City>NEW YROK</City>
            <State>NY</State>
            <ZIPCode>10019</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>150</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NY PUBLIC LIBRARY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>476 5TH AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10018</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>POLICE BENEVOLENT ASSOC OF WESTHAMPTON</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>165 MILL RD</AddressLine1>
            <City>WESTWESTHAMPTON BEACHH</City>
            <State>NY</State>
            <ZIPCode>11978</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>300</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SPECIAL OLYMPICS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1133 19TH STREET NW</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>200363604</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE SASS FOUNDATION FOR MEDICAL RESEARCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1025 NORTHERN BLVD</AddressLine1>
            <City>ROSLYN</City>
            <State>NY</State>
            <ZIPCode>115761506</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>3550</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE WESTHAMPTON BEACH PERFORMING ARTS CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>76 MAIN STREET</AddressLine1>
            <City>WESTHAMPTON BEACH</City>
            <State>NY</State>
            <ZIPCode>11978</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WHITNEY MUSEUM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>945 MADISON AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10021</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>150</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WNYC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>160 VARICK STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10013</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>220</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>59023</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>3780</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>711</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <OtherInvestmentIncomePartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>1154</ExclusionAmount>
        </OtherInvestmentIncomePartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>3053</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>0</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>8698</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>8698</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>HUGH R LAMLE</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>559 DUNE ROAD</AddressLine1>
          <City>WESTHAMPTON</City>
          <State>NY</State>
          <ZIPCode>11978</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>108990</AggregateContributions>
        <NoncashContributionType>X</NoncashContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>2</ContributorNumber>
        <ContributorNameIndividual>MARIA DI MEO</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>23-90 26TH STREET</AddressLine1>
          <City>ASTORIA</City>
          <State>NY</State>
          <ZIPCode>11105</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>100</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>3</ContributorNumber>
        <ContributorNameIndividual>MAXINE C CHAMPION</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>6211 UTAH AVENUE NW</AddressLine1>
          <City>WASHINGTON</City>
          <State>DC</State>
          <ZIPCode>20015</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>100</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>4</ContributorNumber>
        <ContributorNameIndividual>HERBERT J EPPICH</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>142 TODD ROAD</AddressLine1>
          <City>KATONAH</City>
          <State>NY</State>
          <ZIPCode>10536</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>100</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>5</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>ICE FUTURES US</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>2100 RIVEREDGE PARKWAY 5TH FLOOR</AddressLine1>
          <City>ATLANTA</City>
          <State>GA</State>
          <ZIPCode>30328</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>2500</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>6</ContributorNumber>
        <ContributorNameIndividual>TERRY ROSEN</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>220 MADISON AVENUE APT 14K</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10016</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>200</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>7</ContributorNumber>
        <ContributorNameIndividual>BRUCE GEORGE</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>5 CONSTITUTION DRIVE</AddressLine1>
          <City>SOUTHBOROUGH</City>
          <State>MA</State>
          <ZIPCode>01772</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>200</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>8</ContributorNumber>
        <ContributorNameIndividual>CRAIG TASHJIAN</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>39 S VIRGINIA COURT</AddressLine1>
          <City>ENGLEWOOD CLIFFS</City>
          <State>NJ</State>
          <ZIPCode>07632</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>200</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>9</ContributorNumber>
        <ContributorNameIndividual>DOMINIC R BRUNO JR</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>81 VALLEY DRIVE</AddressLine1>
          <City>GREENWICH</City>
          <State>CT</State>
          <ZIPCode>06831</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>300</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>10</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>P&amp;F MANAGEMENT COMPANY LLC</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>1350 LIBERTY AVENUE</AddressLine1>
          <City>HILLSIDE</City>
          <State>NJ</State>
          <ZIPCode>07205</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>360</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>11</ContributorNumber>
        <ContributorNameIndividual>MARTIN D SASS</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>60 ASTOR LANE</AddressLine1>
          <City>SANDS POINT</City>
          <State>NY</State>
          <ZIPCode>11050</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>3000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>12</ContributorNumber>
        <ContributorNameIndividual>AVNI P PATEL</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>259-A REICHELT ROAD</AddressLine1>
          <City>NEW MILFORD</City>
          <State>NJ</State>
          <ZIPCode>07646</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>100</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>13</ContributorNumber>
        <ContributorNameIndividual>LINDA E PIECHOTA</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>555 WASHINGTON AVENUE APT 2H</AddressLine1>
          <City>BROOKLYN</City>
          <State>NY</State>
          <ZIPCode>11238</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>100</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>14</ContributorNumber>
        <ContributorNameIndividual>BEN BECKER</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>354 EISENHOWER PKWY PLAZA 2</AddressLine1>
          <City>LIVINGSTON</City>
          <State>NJ</State>
          <ZIPCode>07039</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>100</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>15</ContributorNumber>
        <ContributorNameIndividual>LIPKEE LU</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>500 WEST 56TH STREET APT 1627</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10019</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>100</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>16</ContributorNumber>
        <ContributorNameIndividual>CHI SHEN SUNG</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>18 RIDGE ROAD</AddressLine1>
          <City>CRESSKILL</City>
          <State>NJ</State>
          <ZIPCode>07626</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>100</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>17</ContributorNumber>
        <ContributorNameIndividual>NANCY J PERSOONS</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>88 BARTRAM AVENUE</AddressLine1>
          <City>BRIDGEPORT</City>
          <State>CT</State>
          <ZIPCode>06605</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>100</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>18</ContributorNumber>
        <ContributorNameIndividual>JERRY A MILLER</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>2 HALE HOLLOW ROAD</AddressLine1>
          <City>CROTONONHUDSON</City>
          <State>NY</State>
          <ZIPCode>10520</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>100</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>19</ContributorNumber>
        <ContributorNameIndividual>NANCY OBLER KAUFMAN</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>1365 YORK AVENUE APT 36B</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10021</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>200</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>20</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>HONIG &amp; GREENBERG LLC</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>1949 HADDONFIELD - BERLIN ROAD</AddressLine1>
          <City>CHERRY HILL</City>
          <State>NJ</State>
          <ZIPCode>08003</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>50</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>21</ContributorNumber>
        <ContributorNameIndividual>EDWARD E BARR</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>26110 MANDEVILLA DRIVE</AddressLine1>
          <City>BONITA SPRINGS</City>
          <State>FL</State>
          <ZIPCode>34134</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>1000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>22</ContributorNumber>
        <ContributorNameIndividual>JOHN A PORGES</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>188 EAST 78TH STREET APT 20A</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10075</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>1000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>23</ContributorNumber>
        <ContributorNameIndividual>GREGORY L SCHULSON</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>414 N ORLEANS APT 402</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60654</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>100</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>24</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>GOODRICH LLC</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>525 OKEECHOBEE BLVD SUITE 1000</AddressLine1>
          <City>WEST PALM BEACH</City>
          <State>FL</State>
          <ZIPCode>33401</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>1000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>25</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>HIGH TOWER HOLDING LLC</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>200 WEST MADISON STREET SUITE 2500</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60606</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>1000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <NoncashProperty>
        <ContributorNumberFromPartI>1</ContributorNumberFromPartI>
        <NoncashPropertyDescription>9,000 SHS OF ASPEN TECHNOLOGY INC.</NoncashPropertyDescription>
        <FairMarketValue>108990</FairMarketValue>
        <DateReceived>2010-11-17</DateReceived>
      </NoncashProperty>
    </IRS990ScheduleB>
    <GeneralExplanationAttachment documentId="RetDoc2258700001">
      <GeneralExplanation>
        <Identifier>REASONABLE CAUSE STATEMENT</Identifier>
        <Explanation>REASONABLE CAUSE STATEMENT ==========================THIS RETURN IS BEING FILED BETWEEN MARCH 1, 2012 AND MARCH 30, 2012, AS DIRECTED BY THE IRS IN NOTICE 2012-4 BECAUSE ELECTRONIC FILING WAS NOT AVAILABLE JANUARY 1, 2012 THROUGH FEBRUARY 20, 2012. WE REQUEST THAT PENALTIES BE WAIVED BECAUSE IT WOULD BE INEQUITABLE TO IMPOSE A PENALTY ON US DUE TO THE UNUSUAL CIRCUMSTANCES REQUIRING US TO DELAY THE FILING OF THIS RETURN.</Explanation>
      </GeneralExplanation>
    </GeneralExplanationAttachment>
    <InvestmentsGovtObligationsSch documentId="RetDoc2210400001">
      <USGovtSecuritiesEOYBookValue>54703</USGovtSecuritiesEOYBookValue>
      <USGovtSecuritiesEOYFMV>67453</USGovtSecuritiesEOYFMV>
      <StateLocalSecuritiesEOYBookVal>0</StateLocalSecuritiesEOYBookVal>
      <StateLocalSecuritiesEOYFMV>0</StateLocalSecuritiesEOYFMV>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOther>
        <CategoryOrItem>WATERFALL EDEN FUND LP</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>62053</BookValue>
        <EOYFMV>44352</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>MS SASS MULTI STRATEGY LP</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>33609</BookValue>
        <EOYFMV>31795</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>ASCENT MESSANINE REIT INC.</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>1000</BookValue>
        <EOYFMV>1000</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>BANK CHARGES</Description>
        <RevenueAndExpensesPerBooks>166</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>THRU WATERFALL EDEN FUND</Description>
        <RevenueAndExpensesPerBooks>412</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>412</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>THRU MD SASS MULTI-STRATEGY PARTNERS</Description>
        <RevenueAndExpensesPerBooks>607</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>607</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MISC EXPENSE</Description>
        <RevenueAndExpensesPerBooks>358</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>NON-DEDUCTIBLE EXPENSES</Description>
        <RevenueAndExpensesPerBooks>2</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>NYS FILING FEES</Description>
        <RevenueAndExpensesPerBooks>50</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncome>
        <Description>THRU WATERFALL EDEN FUND</Description>
        <RevenueAndExpensesPerBooks>-63</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>-63</NetInvestmentIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>THRU MD SASS MULTI-STRATEGY PARTNERS</Description>
        <RevenueAndExpensesPerBooks>1217</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>1217</NetInvestmentIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <SubstantialContributorsSch documentId="RetDoc2089200001">
      <SubstantialContributor>
        <PersonName>HUGH LAMLE</PersonName>
        <USAddress>
          <AddressLine1>559 DUNE ROAD</AddressLine1>
          <City>WESTHAMPTON</City>
          <State>NY</State>
          <ZIPCode>11978</ZIPCode>
        </USAddress>
      </SubstantialContributor>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>FOREIGN TAXES</Category>
        <Amount>3</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>