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        <TotalTax>11568</TotalTax>
        <DistributableAmountBeforeAdj>645549</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>645549</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>645549</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>756736</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>756736</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>0</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>756736</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>645549</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <ExcessDistriCarryoverYear5>90208</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>70710</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear2>507656</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>359294</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>1027868</TotalExcessDistriCarryover>
        <QualifyingDistributions>756736</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>645549</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>111187</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>1139055</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
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        <ExcessDistriCyovFromYear5>90208</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>1048847</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>70710</ExcessFromYear4>
        <ExcessFromYear2>507656</ExcessFromYear2>
        <ExcessFromYear1>359294</ExcessFromYear1>
        <ExcessFromCurrentYear>111187</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>KENNETH SILVERMAN</ContributingManager>
        <ContributingManager>CLAUDIA SILVERMAN</ContributingManager>
        <AppicationSubmissionInfo>
          <RecipientName>KENNETH SILVERMAN</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 825</AddressLine1>
            <City>SHORT HILLS</City>
            <State>NJ</State>
            <ZIPCode>07078</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>9737650100</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>LETTER FROM THE APPLICANT INDICATING THE PURPOSE OF THE ORGANIZATION AND THE PROPOSED USE OF THE REQUESTED CONTRIBUTION.</FormAndInfoAndMaterials>
          <SubmissionDeadlines>NONE</SubmissionDeadlines>
          <RestrictionsOnAwards>NONE</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN HEART ASSOCIATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1 UNION STREET 301</AddressLine1>
            <City>ROBBINSVILLE</City>
            <State>NJ</State>
            <ZIPCode>08691</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHABAD HOUSELUBAVITCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>170 COLLEGE AVE</AddressLine1>
            <City>NEW BRUNSWICK</City>
            <State>NJ</State>
            <ZIPCode>08901</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>55000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DIGESTIVE RESEARCH FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1000 N LINCOLN BLVD</AddressLine1>
            <City>OKLAHOMA CITY</City>
            <State>OK</State>
            <ZIPCode>73104</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FRIARS CLUB SUNSHINE COMMITTEE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>57 EAST 55TH STREET</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10022</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GIST CANCER RESEARCH FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>55 SAW MILL ROAD</AddressLine1>
            <City>NEW CITY</City>
            <State>NY</State>
            <ZIPCode>10956</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GREATER HARTFORD ARTS COUNCIL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>100 PEARL STREET</AddressLine1>
            <City>HARTFORD</City>
            <State>CT</State>
            <ZIPCode>06103</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ISRAEL SPORTS EXCHANGE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4201 CHURCH RD</AddressLine1>
            <City>MT LAUREL</City>
            <State>NJ</State>
            <ZIPCode>08054</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MT SINAI SCHOOL OF MEDICINE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>ONE GUSTAVE L LEVY PLACE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10029</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NATIONAL MULTIPLE SCLEROSIS SOCIETY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>733 THIRD AVE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10017</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>150000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIVERSITY OF OKLAHOMA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>100 TIMBERDELL ROAD</AddressLine1>
            <City>NORMAN</City>
            <State>OK</State>
            <ZIPCode>73019</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>126000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ST BARNABAS MEDICAL CENTER FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>95 OLD SHORT HILLS ROAD</AddressLine1>
            <City>WEST ORANGE</City>
            <State>NJ</State>
            <ZIPCode>07052</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE COMMUNITY THEATER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>100 SOUTH STREET</AddressLine1>
            <City>MORRISTOWN</City>
            <State>NJ</State>
            <ZIPCode>07960</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>12000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE HELPING LINK FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>475 TENTH AVE - 14TH FLOOR</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10018</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COORDINATED FAMILY CARE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>30 SILVER LINE DRIVE</AddressLine1>
            <City>NORTH BRUNSWICK</City>
            <State>NJ</State>
            <ZIPCode>08902</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MARCH OF DIMES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1275 MAMARONCECK AVE</AddressLine1>
            <City>WHITE PLAINS</City>
            <State>NY</State>
            <ZIPCode>10605</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>YM-YWHA</BusinessNameLine1>
          </RecipientBusinessName>
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            <ZIPCode>07470</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SUSAN G KOMEN BREAST CANCER FOR CURE</BusinessNameLine1>
          </RecipientBusinessName>
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            <AddressLine1>5005 LBJ FREEWAY</AddressLine1>
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            <State>TX</State>
            <ZIPCode>75244</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>EXEMPT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
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            <ZIPCode>07069</ZIPCode>
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          <RecipientRelationship>NONE</RecipientRelationship>
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          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
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            <State>NJ</State>
            <ZIPCode>07041</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
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        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HOPE &amp; HEROES CHILDREN'S CANCER FUND</BusinessNameLine1>
          </RecipientBusinessName>
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          </RecipientUSAddress>
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          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CELEBRAL PALSY OF NORTH JERSEY</BusinessNameLine1>
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          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
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        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LEUKEMIA &amp; LYMPHOMA SOCIETY</BusinessNameLine1>
          </RecipientBusinessName>
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        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CONGREGATION B'NAI ISRAEL</BusinessNameLine1>
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        <GrantOrContriPaidDuringYear>
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            <BusinessNameLine1>THE JUSTIN GIMELSTOB CHILDREN'S FUND</BusinessNameLine1>
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        <GrantOrContriPaidDuringYear>
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        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ROTARY CLUB</BusinessNameLine1>
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      <InvestmentsCorpStock>
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