﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2024v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-09-23T18:16:30-04:00</ReturnTs>
    <TaxPeriodEndDt>2025-11-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>132659310</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>WASSER BRETTLER KLAR &amp; LIPSTEIN LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>39 BROADWAY SUITE 640</AddressLine1Txt>
        <CityNm>NEW YORK</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>10006</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-12-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>133523504</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>MAX &amp; RIKA KNOPF FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>MAX&amp;</BusinessNameControlTxt>
      <PhoneNum>2129626100</PhoneNum>
      <USAddress>
        <AddressLine1Txt>3535 INDIAN CREEK DR 204</AddressLine1Txt>
        <CityNm>MIAMI BEACH</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>33140</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>SOLOMON KNOPF</PersonNm>
      <PersonTitleTxt>MANAGER</PersonTitleTxt>
      <PhoneNum>2129626100</PhoneNum>
      <SignatureDt>2026-09-23</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>false</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>MICHAEL LIPSTEIN</PreparerPersonNm>
      <PTIN>P01069367</PTIN>
      <PhoneNum>2129626100</PhoneNum>
      <PreparationDt>2026-09-23</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="RetDoc9">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>4881215</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>566400</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>48097</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>48097</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>51210</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>51210</DividendsNetInvstIncmAmt>
        <GrossRentsRevAndExpnssAmt>28800</GrossRentsRevAndExpnssAmt>
        <GrossRentsNetInvstIncmAmt>28800</GrossRentsNetInvstIncmAmt>
        <NetRentalIncomeOrLossAmt>17163</NetRentalIncomeOrLossAmt>
        <NetGainSaleAstRevAndExpnssAmt>110546</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>110546</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>110546</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>805053</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>238653</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc3">2500</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesChrtblPrpsAmt>2500</AccountingFeesChrtblPrpsAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc7">1500</TaxesRevAndExpnssAmt>
        <TaxesDsbrsChrtblAmt>250</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc6">11637</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>11637</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>15637</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>11637</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>2750</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>170469</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>170469</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>186106</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>11637</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>173219</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>618947</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>227016</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>395477</CashBOYAmt>
        <CashEOYAmt>389571</CashEOYAmt>
        <CashEOYFMVAmt>389571</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>1355352</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>1221213</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>1221213</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>1842320</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc5">2601312</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>3248431</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>22000</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc4">22000</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>22000</CorporateBondsEOYFMVAmt>
        <TotalAssetsBOYAmt>3615149</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>4234096</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>4881215</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>3615149</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>4234096</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>3615149</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>4234096</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>3615149</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>4234096</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>3615149</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>618947</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>4234096</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>4234096</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapitalGainNetIncomeAmt>110546</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>3156</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>3156</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>3156</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>372</EstimatedPlusOvpmtIncmTxAmt>
        <ExtsnRequestIncomeTaxPaidAmt>2200</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>2572</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc2">X</Form2220AttachedInd>
        <EsPenaltyAmt>91</EsPenaltyAmt>
        <TaxDueAmt>675</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>NY</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>WASSER BRETTLER KLAR LIPSTEIN LLP</IndividualWithBooksNm>
        <PhoneNum>2129626100</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>39 BROADWAY SUITE 640</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10006</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SOLOMON KNOPF</PersonNm>
          <USAddress>
            <AddressLine1Txt>951 WEST KENNEDY BLVD</AddressLine1Txt>
            <CityNm>LAKEWOOD</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08701</ZIPCd>
          </USAddress>
          <TitleTxt>MANAGER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>RIKA KNOPF</PersonNm>
          <USAddress>
            <AddressLine1Txt>4 WALLENBERG CIRCLE</AddressLine1Txt>
            <CityNm>MONSEY</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10952</ZIPCd>
          </USAddress>
          <TitleTxt>MANAGER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>2660927</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>1734165</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>4395092</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>4395092</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>65926</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>4329166</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>216458</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>216458</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>3156</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>3156</TotalTaxAmt>
        <DistributableBeforeAdjAmt>213302</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>213302</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>213302</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>173219</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>173219</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>213302</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>73792</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>96367</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>123495</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>74285</ExcessDistributionCyovYr2Amt>
        <TotalExcessDistributionCyovAmt>367939</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>173219</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>173219</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>40083</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>40083</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>327856</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>33709</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>294147</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>96367</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>123495</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>74285</ExcessFromYear2Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>RIKA KNOPF</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SEE ATTACHED</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3535 INDIAN CREEK DRIVE</AddressLine1Txt>
            <CityNm>MIAMI BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33140</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>170469</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>170469</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>48097</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>51210</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReNotDebtFincdProp>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>17163</ExclusionAmt>
        </NetRntlIncmReNotDebtFincdProp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>110546</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>227016</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>227016</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>RIKA KNOPF</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>4 WALLENBERG CIRCLE</AddressLine1Txt>
          <CityNm>MONSEY</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10952</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>551400</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>ELI KNOPF</ContributorPersonNm>
        <ContributorForeignAddress>
          <AddressLine1Txt>2182 GOYER STREET</AddressLine1Txt>
          <CityNm>MONTREAL QUEBEC CANADA</CityNm>
          <ProvinceOrStateNm>QUEBEC</ProvinceOrStateNm>
          <CountryCd>CA</CountryCd>
          <ForeignPostalCd>H351G9</ForeignPostalCd>
        </ContributorForeignAddress>
        <TotalContributionsAmt>15000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc3">
      <AccountingFeesDetail>
        <Amt>2500</Amt>
        <DisbursementsCharitablePrpsAmt>2500</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc4">
      <InvestmentsCorporateBondsGrp>
        <EOYBookValueAmt>22000</EOYBookValueAmt>
        <EOYFMVAmt>22000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc5">
      <InvestmentsCorporateStockGrp>
        <EOYBookValueAmt>2601312</EOYBookValueAmt>
        <EOYFMVAmt>3248431</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>RENTAL</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MAINTENANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>11637</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>11637</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="RetDoc7">
      <TaxesDetail>
        <CategoryTxt>IRS</CategoryTxt>
        <Amt>1250</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>NYS DEPT OF LAW</CategoryTxt>
        <Amt>250</Amt>
        <DisbursementsCharitablePrpsAmt>250</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>