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          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>TO AID DONEE ORGANIZATION IN FULFILLING THEIR EXEMPT PURPOSE</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>14400</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <FeesContractsFromGovtAgencies />
        <MembershipDuesAndAssessments />
        <IntOnSavingsAndTempCashInvst />
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>595</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <NetRentalIncmReDebtFincdProp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncmPersonalProperty />
        <OtherInvestmentIncomePartVII />
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>371</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <NetIncomeLossFromSpecialEvents />
        <GrossProfitLossSalesOfInvntry />
        <OtherRevenueDescribed>
          <Description>FEDERAL TAXES - 2009 OVERPAYMENT (NON-TAXABLE)</Description>
          <ExclusionCode>41</ExclusionCode>
          <ExclusionAmount>281</ExclusionAmount>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <ExclusionAmount>1247</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>1247</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>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>MARTIN BERNSTEIN</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>85 SHREWSBURY DRIVE</AddressLine1>
          <City>LIVINGSTON</City>
          <State>NJ</State>
          <ZIPCode>07039</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>3055</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>2</ContributorNumber>
        <ContributorNameIndividual>MARTIN BERNSTEIN</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>85 SHREWSBURY DRIVE</AddressLine1>
          <City>LIVINGSTON</City>
          <State>NJ</State>
          <ZIPCode>07039</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>212650</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
        <NoncashContributionType>X</NoncashContributionType>
      </ContributorInfo>
      <NoncashProperty>
        <ContributorNumberFromPartI>2</ContributorNumberFromPartI>
        <NoncashPropertyDescription>5,000 SHARES - MESABI TRUST</NoncashPropertyDescription>
        <FairMarketValue>212650</FairMarketValue>
        <DateReceived>2010-11-09</DateReceived>
      </NoncashProperty>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFees>
        <Category>ACCOUNTING FEES</Category>
        <Amount>3000</Amount>
        <NetInvestmentIncome>1500</NetInvestmentIncome>
        <DisbursementsCharitablePrps>1500</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpBondsSchedule documentId="InvestCorpBondsSch">
      <InvestmentsCorpBonds>
        <NameOfBond>BEAL BANK TX US - CD</NameOfBond>
        <EOYBookValue>200000</EOYBookValue>
        <EOYFMV>199978</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>BEAL BANK TX US - CD</NameOfBond>
        <EOYBookValue>50000</EOYBookValue>
        <EOYFMV>49971</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorpStock>
        <NameOfStock>10 SHS - ARMSTRONG WORLD</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>INDUSTRIES INC.</NameOfStock>
        <EOYBookValue>6988</EOYBookValue>
        <EOYFMV>430</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>269 SHS - BANCO SANTANDER SA</NameOfStock>
        <EOYBookValue>2116</EOYBookValue>
        <EOYFMV>2865</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="InvGovtObligSch">
      <USGovtSecuritiesEOYBookValue>0</USGovtSecuritiesEOYBookValue>
      <USGovtSecuritiesEOYFMV>0</USGovtSecuritiesEOYFMV>
    </InvestmentsGovtObligationsSch>
    <LandEtcSchedule2 documentId="LandEtcSch2" />
    <OtherAssetsSchedule documentId="OtherAssetsSch">
      <OtherAssets>
        <Description>OTHER ASSET</Description>
        <BOYBookValue>190</BOYBookValue>
        <EOYBookValue>190</EOYBookValue>
        <EOYFMV>190</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpenses>
        <Description>UBS - BUSINESS SVC ACCT FEE</Description>
        <RevenueAndExpensesPerBooks>150</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>75</NetInvestmentIncome>
        <DisbursementsCharitablePrps>75</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>DELAWARE FRANCHISE FEE</Description>
        <RevenueAndExpensesPerBooks>55</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>55</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INTEREST</Description>
        <RevenueAndExpensesPerBooks>8</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>8</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>DELAWARE CSC</Description>
        <RevenueAndExpensesPerBooks>356</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>356</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>FOREIGN TAX PAID</Description>
        <RevenueAndExpensesPerBooks>41</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>41</NetInvestmentIncome>
        <DisbursementsCharitablePrps>41</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncome>
        <Description>OTHER INCOME:</Description>
      </OtherIncome>
      <OtherIncome>
        <Description>FEDERAL TAXES - 2009 OVERPAYMENT</Description>
        <RevenueAndExpensesPerBooks>281</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="TaxesSchedule">
      <Taxes>
        <Category>FEDERAL TAXES - '09 O/PMT</Category>
        <Amount>281</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>