63 _Send-with_feeandattachmentsto. CHAR500 2017 NYS Office of the Attorney General Charities Bureau Registration Section 28 Uberty Street New York, NY 10005 NYS Annual Filing for Charitable Organizations www.CharitiesNYS.com Open to Public Inspection 1.,G*hdfal'Infismid?ti6ht 01/01/2017 For Fiscal Year Beginning (mrn/dd/yyyy) Name of Organization: Check if Applicable: PAUL A. E-1 Address Change ET] Name Change 1~1 initial Filing and Ending (min/dd/yyyy) 12/31/2017 Employer Identification Number (EIN): SAFFRIN FOUNDATION C/O CATHERIN 140 PEARL STREET NO. 40-52-83 100 Telephone: City / State / ZIP: 133 Final Filing El Amended Filing F-7 Reg ID Pending 20-8313839 NY Registration Number: Mailing Address: NY BUFFALO 716 848-1237 14202 Email: Website: N/A Check your organization's Fl 7A only registration category: 1-3-7 EPTL only E-1 DUAL GA & EPTL) fl EXEMPT* Confirm your Registration Category in the Charities Registry at www.CharitiesNYS.com. 2..CertifidatiOn' See instructions for certification requirements. Improper certification is a violation of law that may be subject to penalties. The certification requires two si natories. We certify under penalties of perjury that we reviewed this report, including all attachments, and to the best of our knowledge and belief, they are true, correct and complete in accordance with the laws of the State of New York applicable to this report. CATHERINE B. EBERL TRUSTEE President or Authorized Officer: Chief Financial Officer or Treasurer: 90 Print Name and Title Date Print Name and Title Signature Date Signature 3. AnnualiReporting Exemption, Check the exemption(s) that apply to your filing. If your organization is claiming an exemption under one category (7A or EPTL only filers) or both categories (DUAL filers) that apply to your registration, complete only parts 1,2, and 3, and submit the certified Char500. No fee, schedules, or additional attachments are required. If you cannot claim an exemption or are a DUAL filer that claims only one exemption, you must file applicable schedules and attachments and pay applicable fees. Fl )a. 7A filing exemption: Total contributions from NY State including residents, foundations, government agencies, etc. did not exceed $25,000 and the organization did not engage a professional fund raiser (PFR) or fund raising counsel (FRC) to solicit contributions during the fiscal year. ~ 3b. EPTL filing exemption: Gross receipts did not exceed $25,000 and the market value of assets did not exceed $25,000 at any time during the fiscal year. 4.:Sthedules and Attachment5 See the following page for a checklist of schedules and attachments to 1-1 Yes 1-fl No 4a. Did your organization use a professional fund raiser, fund raising counsel or commercial co-venturer for fund raising activity in NY State? If yes, complete Schedule 4a. complete your filing. ~ Yes ~ No See the checklist on the next page to calculate your 7A filing fee: 4b. Did the organization receive government grants? If yes, complete Schedule 4b. EPTL filing fee: Totalfee: Make a single check or money order fee(s). Indicate fee(s) you are submitting here: $ $ 250. $ 250. payable to: "Departmentof_Law" CHAR500 Annual Filing for Charitable Organizations (Updated April 2018) *The "Exempt" category refers to an organization's NYS registration status. It does not refer to its IRS tax designation. 768451 04-27-18 1019 Page 1 , I. PAUL A. SAFFRIN FOUNDATION CHAR500 Annual Filing Checklist C/O CATHERINE B. EBERL IF: Simply submit the certified CHAR500 with no fee, schedule, or additional attachments 3. Part in exemption filing 7A the marked you - Your organization is registered as 7A only and Part'3. in exemption filing EPTL the marked you and - Your organization is registered as EPTL only in Part 3. exemption filing EPTL and 7A the both marked - Your organization is registered as DUAL and you Et-ha>Rlidt,o,f]Sah«dules-*44 AtGEhinehts,' Check the schedules you must submit with your CHAR500 as described in Part 4: (FRC), Commercial Co-Venturers (CCV) E-1 If you answered "yes" in Part 4a, submit Schedule 4a: Professional Fund Raisers (PFR), Fund Raising Counsel E-7 If you answered "yes" in Part 4b, submit Schedule 4b: Government Grants Check the financial attachments you must submit with your CHAR500: 1-fl IRS Form 990,990-EZ, or 990-PF, and 990-T if applicable Schedule B of public charities is exempt from IY All additional IRS Form 990 Schedules, including Schedule B (Schedule of Contributors). disclosure and will not be available for public review. $25,000 and/or our assets exceeded $25,000 in the F-1 Our organization was eligible for and filed an IRS 990-N e-postcard. Our revenue exceeded only. purposes state for 990-EZ filing year. We have included an IRS Form 's Review or Audit Report: If you are a 7A only or DUAL filer, submit the applicable independent Certified Public Accountant $750,000. to up E-1 Review Report if you received total revenue and support greater than $250,000 and F-1 Audit Report if you received total revenue and support greater than $750,000 El No Review Report or Audit Report is required because total revenue and support is less than $250,000 Fl We are a DUAL filer and checked' box 3a, no Review Report or Audit Report is required »alcylate YoufFee Is m Re istration Cate 0 For 7A and DUAL filers, calculate the 7A fee: 7A, EPTL DUALor EXEMPT? Organizations are assigned a Registration Category upon registration with the NY Charities Bureau: EE]$0, if you checked the 7A exemption in Part 3a ~-~ $25, if you did not check the 7A exemption in Part 3a 7A filers are registered to solicit contributions in New York under Article 7-A of the Executive Law ("7A") For EPTL and DUAL filers, calculate the EPTL fee: EPTL filers are registered under the Estates, Powers & Trusts Law CEPTL") because they hold assets and/or conduct activities for charitable purposes in NY. n $0, if you checked the EPTL exemption in Part 3b ~7 $25, if the NET WORTH is less than $50,000 Fl $50, if the NET WORTH is $50,000 or more but less than $250,000 ~--~ $100, ifthe NET WORTH is $250,000 or more but less than $1,000,000 ~X-~ $250, if the NET WORTH is $1,000,000 or more but less than $10,000,000 ~ $750, if the NET WORTH- is $10,000,000 or more but less than $50,000,000 ~~ $1500, if the NET WORTH is $50,000,000 or more 4 SdnEE¥our Filing Send your CHAR500, all schedules and attachments, and total fee to: NYS Office of the Attorney General Charities Bureau Registration Section 28 Uberty Street New York, NY 10005 DUAL filers are registered under both 7A and EPTL. EXEMPT filers have registered with the NY Charities Bureau and meet conditions in Schedule E - Registration Exemption for Charitable Organizations. These organizations are not required to file annual financial reports but may do so voluntarily. Confirm your Registration Category and learn more about NY law at www.CharitiesNYS.com. Wheredolfindm-oranizetion'sNETWORTHZ NET WORTH for fee purposes is calculated on: - IRS Form 990 Part 1, line 22 - IRS Form 990 EZ Part 1, line 21 - IRS Form 990 PF, calculate the difference between Total Assets at Fair Market Value (Part 11, line 16(c)) and Total Liabilities (Part ll, line 23(b)). Need Assistance? www.CharitiesNYS.com Visit: (212) 416-8401 Call: Email: Charities.Bureau@ag.ny.gov 768461 04-27-18 1019 CHARSOO Annual Filing for Charitable Organizations (Updated April 2018) Page 2 1 .. +m 8868 Application for Automatic Extension of Time To File an Exempt Organization Return OMB No. 1545-1709 (Rev. January 2017) Depa:tment of the Treasury Intdmal Revenue Service 4 File a separate application for each return. is at www.irs.gov/form886& * Information about Fonn 8868_and its instructions Electronic filing (e-me). You can electronically file Form 8868 to request a 6-month automatic extension of time to file any of the forms listed below with the exception of Form 8870, Information Return for Transfers Associated With Certain Personal Benefit Contracts, for which an extension request must be sent tolbs-IRS in paper format (see instructions). For more details on the electronic filing of this form, visit www.irs.gov/efile, click on Charities & Non - Profits, and click on e-file for Charities and Non-Profits. Automatic 6-Month Extension of Time. Onl submit ori inal no co ies needed . All corporations required to file arl income tax return other than Form 990-T (including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of time to file income tax returns. Type or print File by the Name of exempt organization or other filer, see instructions. Enter filer's identifying number, see instructions Employer identification number (EIN) or Paul A. Saffrin Foundation c/o Catherine B. Eberl Number, street, and room or suite no. If a P.O. box, see instructions. 20-8313839 Social security number (SSN) due date for filing your return. See 140 Pearl St., No. 100 City, town or post office, state, and ZIP code. For a foreign address, see instructions. instructions. Buffalo NY 14202 ~ Enter the Return Code for the return that this application is for (file a separate application for each return) Return Code Application Is For Form Form Form Form Form Form 01 02 03 04 05 06 990 or Form 990-EZ 990-BL 4720 (individual 990-PF 990-T sec. 401 a or 408(a trust) 990-T (trust other than above) Return Code Application Is For Form Form Form Form Form Form 07 08 09 10 11 12 990-T corporation 1041 -A 4720 (other than individual . 5227 6069 8870 • The books are in the care of I EMBE[illst-~r 512E!1114-q-Eea-ri-5---SIE198-!3H[[9'0 NY 14202 --- Fax No. i 716-848-1237 Telephone No. ~ •If the organization-d64-nothave an office or place of business in the United States, check this box . • If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . . . . . * ~land attach -i- for the whole group, check this box . . . I O.lfit is for part of the group, check this box . . . . . . . *E . If this is a list with the names and EINs of all members the extension is for. _Dlfx?11*5-1-5----_. 20 -19-, to file the exempt organization return I request an automatic 6-month extension of time until for the organization named above. The extension is for the organization's return for: 1 -- 4 91 calendar year 20 17 or I Iltax year beginning ,20 , 20 _., and ending If the tax year entered in line 1 is for less than 12 months, check reason: ¤ Initial return El Final return 2 El Chan e in accountin 3a b c eriod If this application is for Forms 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any nonrefundable credits. See instructions. If this application is for Forms 990-PF, 990-T, 4720, or 6069, enter any refundable credits and estimated tax payments made. Include any prior year overpayment allowed as a credit. Balance due. Subtract line 3b from line 3a. Include your payment with this form, if required, by using EFTPS (Electronic Federal Tax Payment System). See instructions. 3a $ 15,000 3b $ O 3c $ 15 000 Caution: If you are going to make an electronic funds withdrawal (direct debit) with this Form 8868, see Form 8453-EO and Form 8879-EO for payment instructions. For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat No. 279160 Form 8868 (Rev. 1-2017) 0 1 Form OMB No. 1545-0052 Return of Private Foundation 990-PF * Do not enter social security numbers on this form as it may be made public. Department of the Treasury Internal Revenue Service 4 Go to www.irs.gov/Form990PF for instructions and the latest information. 20-8313839 EBERL RoonVsuite Number and street (or P.O. box number if mail is not delivered to street address) 716-848-1237 City or town, state or province, country, and ZIP or foreign postal code C If exemption application is pending, check here ...~ 14202 NY D 1. Foreign organizations, check here ....,»·[3 Initial return of a former public charity £ Amended return ~ Name chan e EE Address chan e private foundation exempt 501(c)(3) Section 1-3-l organization: of type Check H ~-1 Section 4947 a 1 nonexem t charitable trust Fl Other taxable rivate foundation Accrual Cash 1 Fair market value of all assets at end of year J Accounting method: Fl Other (specify) (from Part 11, col. (c), line 16) 9 785 320. (Part 1, column (d) must be on cash basis.) $ Part .1 Analysis of Revenue and Expenses (b) Net investment (a) Revenue and columns (b), (c), and (d) may not Initial return Fl Final return (The total of amounts in necessarily equal the amounts in column (a).) Contributions, gifts, grants, etc., received 1 B Telephone number 100 140 PEARL STREET G Check all that apply: lon A Employer identification number PAUL A. SAFFRIN FOUNDATION C/O CATHERINE B. en o u ic ns , and ending For calendaryear 2017 ortaxyear beginning Name of foundation BUFFALO 2017 or Section 4947(aXl) Trust Treated as Private Foundation expenses per books 546 755. check here and attach computation E If private foundation status was terminated under section 507(b)(1)(A), check here -,O F If the foundation is in a 60-month termination under section 507(b)(1)(B), check here ..40 (d) Disbursements (c) Adjusted net for charitable purposes (cash basis only) income income « ~~ 2. Foreign organizations meeting the 85% test, ·- NA' If thetoundation is not,equired to attach Sch. B Interest on savings and temporary 3 46 447. 108 825. cash investments 4 Dividends and interest from securities. 5a Gross rents p.*. Revenue b Net rental income or (loss) 4,173,204. 452 945. Capital gain net income (from Part IV, line 2) 7 1 452 945. Ga Net gain or Ooss)from sale ofassets noton line 10 b Gross sales price for all assets on line 6a TATEMENT 1TATEMENT 2 46 447. 108 825. -' 4 - 8 Net short-term capital gain 9 Income modifications... .......,....... Gross sales less returns 102 and allowances b Less: Cost of goods sold . Operating and Administrative Expenses c Gross profit or (loss) 11 Other income 12 Total. Add lines 1 throu h 11 ... 1 400. 0. TATEMENT 3 372 . 52 500. 608 217. 52 500. 0 18 085. 5 425. 12 660. __STMT...5 58 699. 58 699. 0. .S,T.MT. 6 2 547. 2 547. 0. 658. 176. 482. 132 489. 509 000. 119 347. 13 142. 509 000. 641 119 347. 522 142. 13 Compensation of officers, directors, trustees, etc. 14 15 168 b Otheremployee salaries and wages, Pension plans, employee benefits .................. STMT..4 Legal fees Accounting fees c Other professional fees , 17 1 156 Interest 18 Taxes 19 Depreciation and depletion 20 Occupancy 21 22 23 24 Travel, conferences, and meetings ... ....., Printing and publications ....... Other expenses . STMT, 7 Total operating and administrative expenses. Add lines 13 through 23 25 Contributions, gifts, grants paid 26 Total expenses and disbursements. Add lines 24 and 25 .._ ....... 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements 489 . 514 883. b Net investment income (if negative, enter -0-) c Ad'Usted net income if negative, enter -0- 723501 01-03-18 LHA For Paperwork Reduction Act Notice, see instructions. 488 870. NA Form 990-PF (2017) PAUL A. SAFFRIN FOUNDATION Form 990-PF 2017 partlit] Balance Sheets 20-8313839 Page 2 End of year (c) Fair Market Value (b) Book Value EBERL C O CATHERINE B. Beginning of year (a) Book Value Attached schedules and amounts in the description column should be for end-ohearamounts only. 1 Cash - non-interest-bearing 2 Savings and temporary cash investments 3 Accounts receivable 4 Less: allowance for doubtful accounts I 4 Pledges receivable I Less: allowance for doubtful accounts # 5 Grants receivable 6 Receivables due from officers, directors, trustees, and other 970 428. 970 428. 489 714. S , L . 4, ' ' - i:. '.: < t disqualified persons Assets 7 Other notesand loansreceivable Less: allowance for doubtful accounts I 8 Inventories for sale or use 9 Prepaid expenses and deferred charges 10a Investments - U.S. and state government obligations b Investments-corporate stock . ............ ..... S.TMT. 9. 5 104 074. 4 420 953. 5 203 822. STMT. 10 2 549 674. 3 663 522. 3 611 070. 462. 9 054 903. 9 785 320. c Investments - corporate bonds 11 Investments-land, buildings,andequipmentbasis .....> Less: accumulated depreciation # 12 Investments - mortgage loans 13 Investments - other 14 Land, buildings, and equipment basis * Less: accumulated depreciation ) Liab ties 15 Other assets (describe * 16 Total assets (to be completed by all filers - see the instructions.Also see a e 1 item I _ 17 Accounts payable and accrued expenses ... 8 143 19 Deferred revenue 20 Loans from officers, directors, tnistees, and other disqualified persons 21 Mortgages and other notes payable ... 22 Other liabilities (describe * Net Assets or Fund Balances 0 0 23 Total liabilities add lines 17 throu h22 Foundations that follow SFAS 117, check here and complete lines 24 through 26, and lines 30 and 31. 24 Unrestricted 25 Temporarily restricted 26 Permanently restricted Foundations thatdo not follow SFAS 117, check here and complete lines 27 through 31. ,. ,~~[-36 ~ 0. 0. 27 28 29 30 Capital stock, trust principal, or current funds Paid-in or capital surplus, or land, bldg., and equipment fund __ Retained earnings, accumulated income, endowment, or other funds. Total net assets or fund balances 8 143 462. 8 143 462. 31 Total liabilities and net assets/fund balances 8 143 462 . 0 4 9 054 903. 9 054 903.0 9 054 903. 1-partilf] Analysis of Changes in Net Assets or Fund Balances 1 Total net assets or fund balances at beginning of year - Part 11, column (a), line 30 8 143 462. (must agree with end-of-year figure reported on prior year's return) 2 3 4 5 6 Enter amount from Patti,line m Other increases not included in line 2 (itemize) ~ SEE Add lines 1,2, and 3 Decreases not included in line 2 (itemize) I Total net assets or fund balances at end of ear line 4 minus line 5- Part 11 column b line 30 STATEMENT 8 883. 2 514 3 396 558. 4 5 6 9 054 903. 0. 9 054903. Form 990-PF (2017) 723511 01-03-18 4 4 PAUL A. SAFFRIN FOUNDATION 20-8313839 C O CATHERINE B. EBERL Capital Gains and Losses for Tax on Investment Income Form 990-PF (2017) Part IV (b) How acquired (a) List and describe the kind(s) of property sold (for example, real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.) P - Purchase D - Donation (c) Date acquired Page 3 (d) Date sold (mo., day, yr.) (mo., day, yr.) la PUBLICLY TRADED SECURITIES - 5686 b PUBLICLY TRADED SECURITIES - 5688 c PUBLICLY TRADED SECURITIES - 9392 d CAPITAL GAINS DIVIDENDS e (e) Gross sales price a (f) Depreciation allowed (or allowable) (h) Gain or (loss) (g) Cost or other basis ((e) plus (1) minus (g)) plus expense of sale 20 198 215 18 411 986. 1 876 105. 1 432 168. 432 513. 2 074 969. 1 647 322. 18 400. e 527. 864. 154. 400. (1) Gains (Col. (h) gain minus Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69. (k) Excess of col. (i) (j) Adjusted basis (i) FMV as of 12/31/69 over col. (j), if any as of 12/31/69 col. (k), but not less than -0-) or Losses (from col. (h)) 20 198 215 18 a 527. 864. 154. 400. e 2 Capital gain net income or (net capital loss) If gain, also enter in Part 1, line 7 If (loss), enter -0-in Partl, line 7 ....... ... . ~ 3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6): If gain, also enter in Part 1, line 8, column (c). If loss enter -0- in Partl lineB __ _........ 452 945. 2 NA 3 Part,Vy Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.) If section 4940(d)(2) applies, leave this part blank. Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? . . ~ Yes ~ No _ If "Yes," the foundation doesn't qualify under section 4940(e). Do not complete this parL 1 Enter the appropriate amount in each column for each year; see the instructions before making any entries. (b) (c) Base period years Net value of noncharitable-use assets Adjusted qualifying distributions Calendar year or tax year beginning in 8 218 417. 313 250. 2016 8 067 118. 457 250. 2015 6 628 100. 309 886. 2014 6 510 156. 246 132. 2013 5 013 672. 157 349. 2012 (d) Distribution ratio (col. b divided by col. c) .038116 .056681 .046753 .037807 .031384 .210741 3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years 4 Enter the net value of noncharitable-use assets for 2017 from Part X, line 5 . 042148 3 4 9 012 118 . 379 843. 5 Multiply line 4 by line 3 6 Enter 1% of net investment income (1% of Part 1, line 27b) 6 4 889. 7 Add lines 5 and 6 7 384 732. 8 Enter qualifying distributions tom Part Xll, line 4._ If line 8 is equal to or greater than line 7, check the box in Part VI, line lb, and complete that part using a 1% tax rate. See the Part VI instructions. 8 522142. 723521 01-03-18 Form 990-PF (2017) PAUL A. SAFFRIN FOUNDATION Page 4 20-8313839 C O CATHERINE B. EBERL instructions) see 4948 or 4940(e), 4940(b), 4940(a), (Section Income Investment Excise Tax Based on Form 990-PF 2017 Partyl and enter'N/A" on line 1. la Exempt operating foundations described in section 4940(d)(2), check here * (attach copy of letter if necessary-see instructions) Date of ruling or determination lettec b Domestic foundations that meet the section 4940(e) requirements in Part V, check here I 1-37 and enter 1% of Part 1, line 27b c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations, enter 4% of Part 1, line 12, col. (b). 2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only; others, enter -0-) Addlinesland 2 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only; others, enter -0-) Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- _ Credits/Payments: 3 4 5 6 a 2017 estimated tax payments and 2016 overpayment credited to 2017 b Exempt foreign organizations-taxwithheld at source c Tax paid with application for extension oftime to file (Form 8868) ,............. d Backup withholding erroneously withheld _ __ 4 889. - %-.:.:·f ?6~: 1 _ 0. 2 4 u. Ga 1 400 ... 60 6c Gd 15 000.· 889. 0. 889. 4 3 4 5 , . 1"i. I 5 ... , r. 0. 16 400 . 7 Total credits and payments. Add lines 6a through Gd 7 8 Enter any penalty for underpayment of estimated tax Check here F~ if Form 2220 is attached 8 94. 10 11 417. 11 0 . 9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed 10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amountoverpaid 11 Enter the amount of line 10 to be: Credited to 2018 estimated tax _____ ........... ........... 4 11 417. Refunded Statements Regarding Activities Patt,Vll-,A- la During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in 7.A Yes No X la ... any political campaign? 1b X 1c X 2 X ... 3 4a X X N/A_ 4b b Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions for the definition If the answer is "Yes" to la or lb, attach a detailed description of the activities and copies of any materials published or distributed by the foundation in connection with the activities. c Did the foundation file Form 1120-POL for this year? d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year: 0. 0. (2) On foundation managers.# $ (1) On the foundation. # $ foundation on imposed tax e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure managers.*$ 0 2 Has the foundation engaged in any activities that have not previously been reported to the IRS? If "Yes," attach a detailed description of the activities. 3 Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes 4a Did the foundation have unrelated business gross income of $1,000 or more during the year? b If Yes," has it filed a tax return on Form 990-T for this year? 5 Was there a liquidation, termination, dissolution, or substantial contraction during the year? If Yes," attach the statement required by General Instruction T. 6 Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either: • By language in the governing instrument, or • By state legislation that effectively amends the governing instrument so that no mandatory directions that conflict with the state law remain in the governing instrument? 7 Did the foundation have at least $5,000 in assets at any time during the year? If Yes," complete Part ll, col. (ch and Part XV X 5 8 /.. 4 . 6 7 X X Bb X Ba Enter the states to which the foundation reports or with which it is registered. See instructions. # NY b If the answer is Yes' to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state as required by Genera/ instruction G? lf "No," attach explanation 9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2017 or the tax year beginning in 2017? See the instructions for Part XIV. If Yes,' complete Part XIV 10 Did an ersons become substantial contributors durin the tax ear? lf ·Yes " attach a schedule listin theirnames and addresses 723531 01-03-18 9 X 10 X Form 990-PF (2017) . h PAUL A. SAFFRIN FOUNDATION 20-8313839 C O CATHERINE B. EBERL Rart VIILA. Statements Regarding Activities (continued) Form 990-PF 2017 Page 5 21 Yes No of 11 At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the meaning section 512(b)(13)? If "Yes," attach schedule. See instructions person had advisory privileges? 12 Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified If "Yes," attach statement See instructions ....... - __ __ 13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application? 11 X 12 13 X X Website address ~__NZA Telephone no. I716-848-1237 14 The books are in care of 4 CATHERINE B. EBERL 2-4040 Located at I THE GUARANTY BUILDING 140 PEARL ST STE 100, BUFFA ZIP+4 4142_0 15 Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 - check here and enter the amount oftax-exempt interest received or accrued during the year .._. _. 4 N/A Yes No 15 a bank, 16 At any time during calendar year 2017, did the foundation have an interest in or a signature or other authority over X 16 securities, or other financial account in a foreign country? See the instructions for exceptions and filing requirements for FinCEN Form 114. I f 'Yes," enter the name of the forei n count Part VII-B Statements Regarding Activities for Which Form 4720 May Be Required Yes No File Form 4720 if any item is checked in the "Yes" column, unless an exception applies. la During the year, did the foundation (either directly or indirectly): (1) Engage in the sale or exchange, or leasing of property with a disqualified person? (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? (3) Furnish goods, services, or facilities to (or acceptthem from) a disqualified person? ,.............. _ (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? (5) Transfer any income or assets to a disqualified person (or make any of either available . ~ Yes ~ No 3 Fl Yes 1~Yl No 1-fl Yes ~ No : (6) Agree to pay money or properly to a government official? (Exception. Check'No" if the foundation agreed to make a grant to or to employ the official for a period after termination of government service, if terminating within 90 days.) 1~3 Yes il No b If any answer is Yes" to la(1)-(6), did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions Organizations relying on a current notice regarding disaster assistance, check here c Did the foundation engage in a prior year in any of the acts described in la, other than excepted acts, that were not corrected before the first day of the tax year beginning in 2017? lb X 1c X 2 Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private operating foundation defined in section 4942(j)(3) or 4942(j)(5)): p a At the end of tax year 2017, did the foundation have any undistributed income (lines 6d and 6e, Pan XIII) for tax year(s) beginning before 2017? 1-1 Yes 1-fl No If "Yes,' listthe years K to incorrect b Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2) (relating and attach "No' answer listed, valuation of assets) to the year's undistributed income? (If applying section 4942(a)(2) to all years 2b N/A c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here. 3a Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? [XI Yes 1 No b If "Yes," did it have excess business holdings in 2017 as a result of (1) any purchase by the foundation or disqualified persons after May 26,1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine if the foundation had excess business holdings in 2017.) 4a Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? b Did the foundation make any investment in a prior year (but after December 31,1969) that could jeopardize its charitable purpose that had not been removed from 'eo ard before the first da of the tax ear be innin in 2017? 723541 01-03-18 . _._ 1 X X 3b 4a . r ./ X 4b Form 990-PF (2017) PAUL A. SAFFRIN FOUNDATION Page 6 20-8313839 C O CATHERINE B. EBERL Part,VII-B Statements Regarding Activities for Which Form 4720 May Be Required (continued) .Yes No pay or incur any amount to: Form 990-PF 2017 Sa During the year, did the foundation (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?.............................. (2) Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? . Fl Yes [X]No . - F~1 Yes ~ No . ·<1)·'.-: ~Yes [*1 No (3) Provide a grant to an individual for travel, study, or other similar purposes? (4) Provide a grant to an organization other than a charitable, etc., organization described in section 4945(d)(4)(A)? See instructions (5) Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for ., - · ~ Yes 1-fl No the prevention of cruelty to children or animals? b If any answer is "Yes' to 58( 1)-(5), did any of the transactions fail to qualify under the exceptions described in Regulations .'*. section 53.4945 or in a current notice regarding disaster assistance? See instructions ......t'.... Organizations relying on a current notice regarding disaster assistance, check here c If the answer is "Yet to question 5a(4), does the foundation claim exemption from the tax because it maintained expenditure responsibility for the grant?....... ................. If Yes," attach the statement required by Regulations section 53.4945-5(d). 6a Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? b Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? If "Yet to 66, file Form 8870. 7a At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? 1~71 Yes [f] No < t. List all officers, directors, trustees, and foundation managers and their compensation. (b) Title, and average (a) Name and address PAUL A. SAFFRIN 73 GRAYSTONE LANE NY 14127 ORCHARD PARK GREGORY M. WARD 5 RIDGEMONT CT. DEARBORN MI 48124 CATHERINE B. EBERL THE GUARANTY BUILDING 140 PEARL ST S BUFFALO NY 14202-4040 hours per week devoted to position RUSTEE . E-] Yes 1--fl No enter-0- :- 70 (d) Contributions to (c) Compensation employee benent plans (If not paid, and deferred compensation (e) Expense accounL other allowances 45 000. 0. 0. 1.00 RUSTEE 7 500. 0. 0. 2.00 0. 0. 0. 2.00 RUSTEE 2 Compensation of five highest-paid employees (other than those included on line 1). If none, enter "NONE." (a) Name and address of each employee paid more than $50,000 X 6b ______ _ b if'Yes" did the foundation receive an roceeds or have an netincome attributable tothe transaction? _ .......... ............ ......N .A... Part Vill . Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, and Contractors 1 ... (b) Title, and average hours per week devoted to position (c) Compensation (d) Contributionsto employee benefit plans and delened compensation (e) Expense account other allowances NONE Total number of other em lo ees aid over 50 000 723551 01-03-18 0 Form 990-PF (2017) PAUL A. SAFFRIN FOUNDATION 20-8313839 C O CATHERINE B. EBERL Highly Managers, Information About Officers, Directors, Trustees, Foundation Paid Employees, and Contractors (continued) Form 990-PF 2017 Part Ylll.;2 3 Five highest-paid independent contractors for professional services. If none, enter "NONE." (a) Name and address of each person paid more than $50,000 (b) Type of service Page 7 (c) Compensation NONE 0 Total number of others receivin over 50 000 for rofessional services__ ,Part IX-A Summary of Direct Charitable Activities List the foundation's four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses N/A 2 3 4 Part IX-B Summa of Pro ram-Related investments Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount N/A 1 2 All other program-related investments. See instructions. 3 Total. Add lines 1 throu h3 723561 01-03-18 Form 990-PF (2017) PAUL A. SAFFRIN FOUNDATION Form 990-PF 2017 C O CATHERINE B. 20-8313839 EBERL Pa e 8 FRartaXE] Minimum investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions,) 1 a b c d e Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes: Average monthly fair market value of securities Average of tnonthly cash balances Fair market value of all other assets Total (add lines la, b,andc). Reduction claimed for blockage or other factors reported on lines la and 1c (attach detailed explanation) 2 3 4 5 6 /2 la 1b 8 452 696 9 5 6. 402. le 9 149 358. le Acquisition indebtedness applicable to line 1 assets 2 Subtract line 2 from line ld Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount. see instructions) Netvalue of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4 _ _ Minimum investment return. Enter 5%oflineS 3 4 5 _ ....-... .. 6 0. 9 149 358 . 137 240. 9012118. 450 606. Part{*15 Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations, check here # ~-1 and do not complete this part) 1 2a b c 3 4 5 6 7 --.1 ..---.. ....... Minimum investment return from Part X,line6,............. 4 889.:#25 2a Tax on investmentincome for 2017 from Part VI, lineS 2b Income tax for 2017. (This does not include the tax from Part VI.) 2G Add lines 2a and 2b 3 Distributable amount before adjustments. Subtract line 2c from line 1 4 Recoveries of amounts treated as qualifying distributions Addlines3and4 5 6 Deduction from distributable amount (see instructions) 7 Distributable amountas ad'usted. Subtract line 6 from line 5. Enter here and on Part XIII linel. 450 606. 4 445 889. 717. 0. 445 445 717. 0. 717. [Rai**ff] Qualifying Distributions (see instructions) 1 2 Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes: a Expenses, contributions, gifts, etc. - total from Part 1. column (d), line 26 b Program-related investments - total from Part IX-8 la 1b 522 142 . 0 . Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,purposes_ _ Amounts set aside for specific charitable projects that satisfy the: 3a a Suitability test (prior IRS approval required) 3b b Cash distribution test (attach the required schedule) 522 4 4 Qualifying distributions. Add lines la through 3b. Enter here and on Part V, line 8; and Partxill, line 4__ 5 Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment 4 income. Enter 1% of Part l, line 27b _ _ 517 6 6 Adjusted qualifying distributions. Subtract line 5 from line 4 Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for the section 3 142 . 889. 253 . 4940(e) reduction of tax in those years. Form 990-PF (2017) 723571 01-03-18 PAUL A. SAFFRIN FOUNDATION Form 990-PF 2017 20-8313839 EBERL C O CATHERINE B. Page 9 [E*[*fE Undistributed Income (see instructions) (a) (b) (c) (d) Corpus Years prior to 2016 2016 2017 *, 1 Distributable amount for 2017 from Part XI, Undistributed income, if any, as of the end of 2017: 2 I. ~ . i 445 717. ... -.„ft -S ~ :-, 0. :· '·~9 4 4 a Enter amount for 2016 only b Total for prior years: 3 Excess distributions carryover, if any, to 2017: a From 2012 b From 2013 c From 2014 d From 2015 e From 2016 f Total of lines 3a through e 373 520. 0 4 Qualifying distributions for 2017 from 522 142. Part XII, line 4: I $ than line 2a more not a Applied to 2016, but of prior income b Applied to undistributed instructions) see years (Election required 373 520. ,/ c Treated as distributions out of corpus 5 I 148 622. ' ...1 0.,L Excess distributions canyover applied to 2017 Of an amount appearsin column (d), the same amount' must be shown in column (a).) 6 Enter the net total of each column as ., 0. (Election required - see instructions) d Applied to 2017 distributable amount e Remaining amount distributed out of corpus 4 - ·-a· . indicated below: a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 >4 b Prior years' undistributed income. Subtract 0. line 4b from line 2b c Enter the amount of prior years undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously . . - -. assessed 00 d Subtract line 6c from line 6b. Taxable amount- see instructions ............. .. e Undistributed income for 2016. Subtract line ~ ':. A.. 2 4a from line 2a. Taxable amount - see instr.. Subtract 2017. for income f Undistributed lines 4d and 5 from line 1. This amount must. '.'_'< 0 297 095. be distributed in 2018 7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election 0. may be required - see instructions) _ 8 Excess distributions carryover from 2012 not applied on line 5 ar line 7 . 9 Excess distributions carryover to 2018. 0. Subtract lines 7 and 8 from line Ga 10 Analysis of line 9: a Excess from 2013 b Excess from 2014 c Excess from 2015 d Excess from 2016 e Excess from 2017. 723581 01-03-18 . I Form 990-PF (2017) PAUL A. SAFFRIN FOUNDATION C O CATHERINE B. EBERL Fart*IM: Private Operating Foundations (see instructions and Part Vll-4 question g) 20-8313839 Form 990-PF 2017 Page 10 N/A 1 a If the foundation has received a ruling or determination letter that it is a private operating foundation, and the ruling is effective for 2017, enter the date of the ruling b Check box to indicate whether the foundation is a rivate o eratin foundation described in section ........ ~--1 4942 - 3 or F-1 4942 ' 5 Prior 3 years Tax year 2 a Enter the lesser of the adjusted net (d) 2014 (e) Total (c) 2015 (b)2016 2017 (a) income from Part I or the minimum investment return from Part X for each year listed b 85% of line 2a c Qualifying distributions from Part XII, line 4 for each year listed d Amounts included in line 2c not used directly for active conduct of exempt activities........... e Qualifying distributions made directly for active conduct of exempt activities. 3 Subtract line 2d from line 2c _ Complete 3a, b, or c for the alternative test relied upon: a 'Assets' alternative test - enter: (1) Value of all assets (2) Value of assets qualifying under section 4942(j)(3)(B)(i) b 'Endowment» alternative test - enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed c "Support" alternative test - enter: (1) Total support other than gross investment income (interest dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) (2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) (3) Largest amount of support from an exempt organization 4 Gross investment income , ...... Part XVY Supplementary Information (Complete this part only if the foundation had $5,000 or more in assets at any time during the year-see instructions.) 1 Information Regarding Foundation Managers: a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).) NONE b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the ownership of a partnership or other entity) of which the foundation has a 10% or greater interest NONE 2 Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs: Check here ~ 1-*3 if the foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. If the foundation makes gifts, grants, etc., to individuals or organizations under other conditions, complete items 2a, b, c, and d. a The name, address, and telephone number or email address of the person to whom applications should be addressed: b The form in which applications should be submitted and information and materials they should include: c Any submission deadlines: d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors: 723601 01-03-18 Form 990-PF (2017) PAUL A. SAFFRIN FOUNDATION 20-8313839 C O CATHERINE B. EBERL Supplementary Information (continued) Form 990-PF 2017 «Part XV 3 roved for Future Pa If recipient is an individual, ent Grants and Contributions Paid Durin the Year or A Recipient Name and address (home or business) Page 11 Purpose of grant or Foundation show any relationship to any foundation manager or substantial contributor status of recipient ** Amount contribution a Paid during the year ONE DAEMEN COLLEGE 01(C)(3) STRICTED - CREATION F AN ENDOWMENT FUND 4380 MAIN ST. OR THE CENTER FOR AMHERST, NY 14226 USTAINABLE 289 000 OMMUNITIES AND CIVIC MISION EVANGELICA BAUTISTA ONE /A HARITABLE 3327609 CASILLA SANTA CRUZ 18 000. BOLIVIA SWITHEART ANIMAL ALLIANCE ONE 01(C)(3) HARITABLE 31 WILDERNESS DRIVE STONY POINT 2 000 NY 10980 EXPLORE AND MORE CHILDREN'S MUSEUM ONE 01(C)(3) STRICTED - CAPITAL AMPAIGN GIFT TO BUILD 300 GLEED AVENUE EAST AURORA, NY 14052 W EXPLORE AND MORE 200 000. SEUM AT CANALSIDE 4 38 Total 509 000 b Approved for future payment NONE * Total 723611 01-03-18 3b o Form 990-PF (2017) ** SEE PURPOSE OF GRANT CONTINUATIONS PAUL A. SAFFRIN FOUNDATION C O CATHERINE B. Form 990-PF 2017 :Part:*-irA] 20-8313839 EBERL Page 12 Analysis of Income-Producing Activities Enter gross amounts unless otherwise indicated. 1 Program service revenue: Unrelated business income (a) (b) Business Amount code Excluded b section 512 513, or 514 ~~ac u sion code (d) Amount (e) Related or exempt function income a b C d e g Fees and contracts from government agencies ...... 2 Membership dues and assessments 3 Interest on savings and temporary cash investments 4 Dividends and interest from securities 5 Net rental income or (loss) from real estate: a Debt-financed property ,..,.,. b Not debt-financed property _ 6 Net rental income or (loss) from personal )· 5.4*.f 14 14 46 447. 108 825. 18 452 945. i : I property 7 Other investment income ..... 8 Gain or (loss) from sales of assets other than inventory 9 Net income or (loss) from special events .. 10 Gross profit or (loss) from sales of inventory 11 Other revenue: 1 400. a FEDERAL REFUND b C d e 12 Subtotal. Add columns (b), (d),and (e) 13 Total. Add line 12, columns (b), (d),and (e) ..... .__ See worksheet in line 13 instructions to veri calculations. [**rt:XVILB 11A 609,617 . Relationship of Activities to the Accomplishment of Exempt Purposes Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of Line No. V 1 400. 608 217. ___.._13 the foundation's exempt purposes (other than by providing fundsfor such purposes). EDERAL INCOME TAX REFUND 723621 01-03-18 Form 990-PF (2017) PAUL A. SAFFRIN FOUNDATION 20-8313839 Page 13 C O CATHERINE B. EBERL Noncharitable With ips Relationsh and ns Transactio and to Transfers Part, XVIF Information Regarding ations Organiz Exempt , Yes No 1 Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) organizations? political to relating 527, section (other than section 501(c)(3) organizations) or in Form 990-PF 2017 XX I a Transfers from the reporting foundation to a noncharitable exempt organization of: la 1 la 2 ... - X ,< E< ,4 ,4 ,< ,4 (2) Other assets *re b Other transactions: 1b 1 organization (1) Sales of assets to a noncharitable exempt 1b 2 (2) Purchases of assets from a noncharitable exempt organization 1b 3 assets (3) Rental of facilities, equipment, or other 1b 4 (4) Reimbursement arrangements 1b 5 (5) Loans or loan guarantees 1b 6 solicitations fundraising (6) Performance of services or membership or lc employees paid or assets, c Sharing of facilities, equipment mailing lists, other assets, other goods, the of value market fair the show always should (b) Column schedule. following the complete d If the answer to any of the above is 'Yes," in show arrangement, sharing or transaction any in value market fair than less received foundation the If foundation. or services given by the reporting column (d) the value of the goods, other assets, or services received. (b) Amount involved (a) Line no (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements N/A 2a Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described in section 501(c) (other than section 501(c)(3)) or in section 527? b H "Yes ' com lete the followin schedule. (a) Name of organization 1~1 Yes FE No (c) Description of relationship (b) Type of organization N/A of my knowledge Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best Sign a:.belief, iti~ iTu~, and coml~~ ~r~on of prepare17(other than taxpayer) is based on all information of which preparer has any knowledge. May the IRS discuss this return with the preparer shown below? See instr. Here / cY /./Tvq ) C~-~~ PrinVType preparer's name ~~(-~~TRUSTEE Preparer's sjgnature Paid DIANE M WIKTOROWSKI Preparer Firm's name I SZYMKOWIAK & ASSOCIATES CPAS, Use Only Firm's address I 6325 MAIN STREET, SUITE 100 NY 14221 WILLIAMSVILLE 723622 01-03-18 Title Date %Yes Check 1~-1 if ~No PTIN self- employed P00141361 f 3,)9 PC Firm's EIN I 16-1600045 Phoneno. 716-626-2626 Form 990-PF (2017) 68868 Application for Automatic Extension of Time To File an Exempt Organization Return OMB No. 1545-1709 (Rev. January 2017) * File a separate application for each return. I information about Form 8868 _and its instructions is at www.irs.gov/form8868. Depaitment of the Treasury Irrternal Revenue Service Electronic filing (e-fi/e). You can electronically file Form 8868 to request a 6-month automatic extension of time to file any of the forms listed below with the exception of Form 8870, Information Return for Transfers Associated With Certain Personal Benefit Contracts, for which an extension request must be sent tolbeJRS in paper format (see instructions). For more details on the electronic filing of this form, visit www.irs.gov/efile, click on Charities & Non- Profits, and click on e-file for Charities and Non-Profits. Automatic 6-Month Extension of Time. Onl submit ori inal no co ies needed . All corporations required to file afl income tax return other than Form 990-T (including 1120-C filers), partnerships, REMICs, and trusts must use Form 7004 to request an extension of time to file income tax returns. Enter filer's identifying number, see instructions Type or print File by the due date for filing your return. See instructions. Employer identification number (EIN) or Name of exempt organization or other filer, see instructions. 20-8313839 Social security number (SSN) Paul A. Saffrin Foundation c/o Catherine B. Eberl Number, street, and room or suite no. If a P.O. box, see instructions. 140 Pearl St. No. 100 City, town or post office, state, and ZIP code. For a foreign address, see instructions. Buffalo NY 14202 . Enter the Return Code for the return that this application is for (file a separate application for each return) Return Code Application is For 01 02 03 04 05 06 Form 990 or Form 990-EZ Form 990-BL Form 4720 individual) Form 990-PF Form 990-T sec. 401 a) or 408 a trust) Form 990-T (trust other than above) . . . . . ITITI Return Code Application Is For Form 990-T cor oration) Form 1041 -A 07 08 09 10 11 12 Form 4720 other than individual) Form 5227 Form 6069 Form 8870 • The books are in the care of i E-a-t-&0-13E-6-5-beklE-PEE!-2, Ste 198-1338[fel~EX-1-4-?02---- -------- 716-848-1237-___Fax No. 4 -_ Telephone No. i • If the organization does not have an office or place of business in the United States, check this box . • If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . . . . . 4 ¤ and attach -- for the whole group, check this box . . . 4 £.If it is for part of the group, check this box . . . . . . . IC . If this is a list with the names and EINs of all members the extension is for. I request an automatic 6-month extension of time until .....Ney?mber-1-5-_--_, 20 -16-, to file the exempt organization return for the organization named above. The extension is for the organization's return for. 1 I E calendar year 20 .17 or , El tax year beginning , 20 _ ,20 , and ending If the tax year entered in line 1 is for less than 12 months, check reason: Il Initial return El Final return 2 eriod 0 Chan e in accountin 3a If this application is for Forms 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any nonrefundable credits. See instructions. b If this application is for Forms 990-PF, 990-T, 4720, or 6069, enter any refundable credits and estimated tax payments made. Include any prior year overpayment allowed as a credit. c 3a $ 15,000 3b $ 0 Balance due. Subtract line 3b from line 3a. Include your payment with this form, if required, by using EFTPS (Electronic Federal Tax Payment System). See instructions. 3c $ 15 000 payment for 8879-EO Form and 8453-EO Form see 8868, Form this with debit) (direct withdrawal funds Caution: If you are going to make an electronic instructions. For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat No. 279160 Form 8868 (Rev. 1-2017) PAUL A. SAFFRIN FOUNDATION C O CATHERINE B. Supplementary Information EBERL 20-8313839 3a Grants and Contributions Paid During the Year Continuation of Purpose of Grant or Contribution NAME OF RECIPIENT - DAEMEN COLLEGE RESTRICTED - CREATION OF AN ENDOWMENT FUND FOR THE CENTER FOR SUSTAINABLE COMMUNITIES AND CIVIC ENGAGEMENT 723655 04-01-17 2220 Form Underpayment of Estimated Tax by Corporations OMB No. 1545-0123 I Attach to the corporation's tax return. 2017 Department of the Treasury Internal Revenue Service Name FORM 990-PF Go to www.irs. ov/Form2220 for instructions and the latest information. Employer identification number PAUL A. SAFFRIN FOUNDATION C/O CATHERINE B. EBERL 20-8313839 Note: Generally, the corporation isn't required to file Form 2220 (see Part 11 below for exceptions) because the IRS will figure any penalty owed and bill the corporation. However, the corporation may still use Form 2220 to figure the penalty. If so, enter the amount from page 2, line 38 on the estimated tax penalty line of the corporation's income tax return, but do not attach Form 2220. t,Bart I is Re uired Annual Pa ent 1 1 Total tax (see instructions) 4 889. 2a 2 a Personal holding company tax (Schedule PH (Form 1120), line 26) included on line 1 b Look-back interest included on line 1 under section 460(b)(2) for completed long-term 424 20 contracts or section 167(g) for depreciation under the income forecast method 2c c Credit for federal tax paid on fuels (see instructions) 2d d Total. Add lines 2a through 2c 3 Subtract line 2d from line 1. If the result is less than $500, do not complete or file this form. The corporation 3 doesn't owe the penalty 4 889. 4 Enter the tax shown on the corporation's 2016 income tax return. See instructions. Caution: If the tax is zero 4 orthe taxyear was for less than 12 months, skip this line and enterthe amount from line 3 on line 5 5 Required annual payment. Enterthe smaller of line 3 or line 4. If the corporation is required to skip line 4, 5 enter the amount from line) __ 4 889. Reasons for Filing - Check the boxes below that apply. If any boxes are checked, the corporation must file Form 2220 even if it doesn't owe a penalty. See instructions. El The corporation is using the adjusted seasonal installment method. E-1 The corporation is using the annualized income installment method. E-1 The cor oration is a "lar e cor oration' fi urin its first re uired installment based on the rior ear's tax i Part 11 6 7 8 Part 111 Fi urin the Unde 9 a ment Installment due dates. Enter in columns (a) through (d) the 15th day of the 4th (Form 990-PF filers: Use 5th month), 6th, 9th, and 12th months of the corporation's tax year ............ ... 9 a b c d 05 15/17 06/15/17 09/15/17 12/15/17 10 Required installments. If the box on line 6 and/or line 7 above is checked, enter the amounts from Sch A, line 38. If the box on line 8 (but not 6 or 7) is checked, see instructions for the amounts to enter. If none of these boxes are checked, enter 25% (0.25) of line 5 above in each column __ 11 10 1 222. 11 1 400. . 1 223. 1 222. 1 222. 1 045. 2 267. 0. 0. Estimated tax paid or credited for each period. For column (a) only, enter the amount from line 11 on line 15. see instructions Complete lines 12 through 18 of one column before going to the next column. 178. 12 . Enter amount, if any, from line 18 of the preceding column 178. 13 ,: ' », Add lines 11 and 12 14. Add amounts on lines 16 and 17 of the preceding column 178. 1 400. 15 Subtract line 14 from line 13. lfzero orless, enter -0If the amount on line 15 is zero, subtract line 13 from line 16 14. Otherwise, enter -017 Underpayment. If line 15 is less than or equal to line 10, subtract line 15 from line 10. Then go to line 12 of the next column. Otherwise, go to line 18 17 1 045. 18 Overpayment. If line 10 is less than line 15, subtract line 10 from line 15. Then oto line 12 of the next column 18 178 . Go to Part IV on a e 2 to fi ure the enal .Do not oto Part IV if there are no entries on line 17 -no enal is owed. LHA For Paperwork Reduction Act Notice, see separate instructions. 12 13 14 15 16 0. 712801 02-07-18 1 045. 1 222. 1 222. Form 2220 (2017) FORM 990-PF Form 2220 2017 PAUL A. SAFFRIN FOUNDATION C O CATHERINE B. EBERL 20-8313839 Pa e 2 .Pild-IV] Figuring the Penalty d b a 19 Enter the date of payment or the 15th day of the 4th month after the close of the tax year, whichever is earlier. (C Corporations with taxyears ending June 30 and S corporations: Use 3rd month instead of 4th month. Form 990-PF and Form 990-T filers: Use 5th month instead of 4th month.) See instructions 20 19 Number of days from due date of installment on line 9 to the date shown on line 19 20 21 Number of days on line 20 after 4/15/2017 and before 7/1/2017 21 22 Underpayment on line 17 x ~lumber of days on linell x 4% (0.04) 22 365 23 Number of days on line 20 after 06/30/2017 and before 10/1/2017 23 24 Underpayment on line 17 x Number of days on line 23 x 496 (0.04) 24$ 365 25 Number of days on line 20 after 9/30/2017 and before 1/1/2018 25 26 Underpayment on line 17 x Number of days on line 25 x 4% (0.04) 26$ $ $ $ $ $ $ 365 27 Number of days on line 20 after 12/31/2017 and before 4/1/2018 28 Underpayment on line 17 x Number of days on line 27 x 4% (0.04) 27 S EE ATTACHED RKSHEET 28 365 29 Number of days on line 20 after 3/31/2018 and before 7/1/2018 29 30 Underpayment on line 17 x Number of days on line 29 x ~96 30$ 31 Number of days on line 20 after 6/30/2018 and before 10/1/2018 31 32 Underpayment on line 17 x Number of days on line 31 x 96 32$ 365 33 Number of days on line 20 after 9/30/2018 and before 1/1/2019 33 34 Underpayment on line 17 x Number of days on line 33 x 76 34$ $ $ $ $ $ $ $ $ $ 365 35 Number of days on line 20 after 12/31/2018 and before 3/16/2019 35 36 Underpayment on line 17 x Number of days on line 35 x 36 36$ $ $ $ 37$ $ $ $ 365 37 Add lines 22,24,26,28,30,32,34, and 36 38 Penalty. Add columns (a) through (d) of line 37. Enter the total here and on Form 1120, line 33; orthe com arable line for other income tax returns ,.... 38 $ 94. * Use the penalty interest rate for each calendar quarter, which the IRS will determine during the first month in the preceding quarter. These rates are published quarterly in an IRS News Release and in a revenue ruling in the Internal Revenue Bulletin. To obtain this information on the Internet access the IRS website at www.irs.gov. You can also calll-800-829-4933 to get interest rate information. Form 2220 (2017) 712802 02-07-18 FORM 990-PF UNDERPAYMENT OF ESTIMATED TAX WORKSHEET Identifying Number Name(s) PAUL A. SAFFRIN FOUNDATION C/O CATHERINE B. EBERL (B) (A) *Date Amount 20-8313839 (C) (D) (E) (F) Adjusted Balance Due Number Days Balance Due Daily Penalty Rate Penalty ..-5 ' .-1:- -0- 24.-& . 05/15/17 1 222. 1 222. 05/15 17 <1 400. <178. 06/15/17 1 223. 1 045. 92 .000109589 11. 09 15/17 1 222. 2 267. 91 .000109589 23. 12/15/17 1 222. 3 489. 106 .000109589 41. 03/31/18 0. 3 489. 40 .000136986 19. 05/10 18 <15 000. <11 511. Penalty Due (Sum of Column F). * Date of estimated tax payment withholding credit date or installment due date. 712511 04-01-17 94. PAUL A. SAFFRIN FOUNDATION 20-8313839 C/O CATHERIN INTEREST ON SAVINGS AND TEMPORARY CASH INVESTMENTS FORM 990-PF EXETER - 5686 EXETER - 5688 INTEREST ON IRS REFUND M&T BANK MERRILL LYNCH - 9392 TOTAL TO PART I, LINE 3 113. 39,646. 33. 49. 6,606. 113. 39,646. 33. 49. 6,606. 46,447. 46,447. DIVIDENDS AND INTEREST FROM SECURITIES FORM 990-PF GROSS AMOUNT SOURCE DIVIDEND INCOME EXETER 5686 11,664. 11,664. 73,079. 0. 73,079. 73,079. 24,082. 0. 24,082. 24,082. 273. 273. 0. 0. 12,057. 12,057. 0. 0. 6,070. 6,070. 0. 0. 127,225. 18,400. 108,825. 108,825. EXETER TRUST COMPANY- 5686 CAPITAL GAIN (B) NET INVESTMENT INCOME 0. DIVIDEND INCOME MERRILL LYNCH DIVIDENDS (A) REVENUE PER BOOKS STATEMENT 11,664. DIVIDEND INCOME EXETER 5688 CAPITAL GAINS 1 (C) ADJUSTED NET INCOME (B) NET INVESTMENT INCOME (A) REVENUE PER BOOKS SOURCE STATEMENT 2 (C) ADJUSTED NET INCOME EXETER TRUST COMPANY- 5688 CAPITAL GAIN MERRILL LYNCH CAPITAL GAIN DISTRIBUTIONS TO PART I, LINE 4 STATEMENT(S) 1, 2 PAUL A. 20-8313839 C/O CATHERIN SAFFRIN FOUNDATION PER BOOKS FEDERAL REFUND rOTAL TO FORM 990-PF, PART I, (A) EXPENSES PER BOOKS )ESCRIPTION LEGAL FEES PG 1, LN 16A 0. 1,400. 0 STATEMENT MENT INCOME EXETER FEES - 5686 EXETER FEES - 5688 MERRILL LYNCH FEES PG 1, LN 16C FORM 990-PF DESCRIPTION EXETER- 5686 - FOREIGN TAXES PAID 12,660. 18,085. 5,425. 12,660. STATEMENT (B) NET INVESTMENT INCOME (C) ADJUSTED NET INCOME 5 (D) CHARITABLE PURPOSES 1,101. 43,035. 14,563. 1,101. 43,035. 14,563. 0. 00· 58,699. 58,699. 0. 6 STATEMENT TAXES (A) EXPENSES (B) NET INVEST- PER BOOKS MENT INCOME (C) ADJUSTED NET INCOME (D) CHARITABLE PURPOSES 310. 310. 0. 1,432. 1,432. 0. 805. 805. 0. 2,547. 2,547. 0. EXETER- 5688 - FOREIGN TAXES PAID (D) CHARITABLE PURPOSES (C) ADJUSTED NET INCOME 5,425. EXPENSES PER BOOKS DESCRIPTION 4 18,085. (A) TO FORM 990-PF, (B) NET INVEST- OTHER PROFESSIONAL FEES FORM 990-PF MERRILL LYNCH - FOREIGN TAXES PAID 1,400. LEGAL FEES FORM 990-PF rO FM 990-PF, LINE 11 (C) ADJUSTED NET INCOME (B) NET INVESTMENT INCOME (A) REVENUE )ESCRIPTION 3 STATEMENT OTHER INCOME rORM 990 -PF STATEMENT(S) 3, 4, 5, 6 PAUL A. SAFFRIN FOUNDATION 20-8313839 C/O CATHERIN rO FORM 990-PF, PG 1, LN 18 1 OTHER EXPENSES FORM 990-PF (A) EXPENSES PER BOOKS DESCRIPTION BANK FEES CHAR500 FILING FEE MISCELLANEOUS EXPENSES rO FORM 990-PF, FORM 990-PF PG 1, LN 23 STATEMENT (B) NET INVESTMENT INCOME (C) ADJUSTED NET INCOME (D) CHARITABLE PURPOSES 176. 250. 232. 176. 0. 0. 0. 250. 232. 658. 176. 482. OTHER INCREASES IN NET ASSETS OR FUND BALANCES STATEMENT 8 AMOUNT DESCRIPTION ADJUST 12/31/16 BALANCE SHEET TO REFLECT COST BASIS TOTAL TO FORM 990-PF, 7 PART III, 396,558. 396,558. LINE 3 CORPORATE STOCK FORM 990-PF STATEMENT 9 FAIR MARKET BOOK VALUE DESCRIPTION EQUITIES TOTAL TO FORM 990-PF, PART II, FORM 990-PF LINE 108 VALUATION METHOD BONDS TOTAL TO FORM 990-PF, 4,420,953. 5,203,822. 4,420,953. 5,203,822. OTHER INVESTMENTS DESCRIPTION COST PART II, LINE 13 VALUE STATEMENT BOOK VALUE 10 FAIR MARKET VALUE 3,663,522. 3,611,070. 3,663,522. 3,611,070. STATEMENT(S) 6, 7, 8, 9, 10 5/see Jsoj Agueno paignbov loquurs 63111n63 0 -W101/11Nn 7VNISIMO MOOD 2032 000'g, 'SONI.LVE! 11(]3HO ONIaliVD)H NOIiVUUEIOJNI 2103 M0138 531ON 01 li3:13E1 35931d Quantity 15,000 305,000 Quantity 15,000 05/10/17 10 07.334%FE815 2028 02765UEP5 Acquired T: 129.71 SIP: 59156R~819 ~56.50 05/10/17 Acquired 5,696'59 (5) ORPORATE BONDS (continued) OVOI SO'OLS'99 YOUR CMA FOR TRUST ASSETS ,: 5- $i 12 lo i Lr~ Rl i 2.1 d c K zE r 4 ii AGr =< 31; til 5 al 1 R. ~ co 01 98'**6'6T/0666'96'r 1500 17101/11 *8 (ZZZLE) ts 5 1 2 1 ~T81*~ 10 ?] ~5 _, a E~~_1*Em El OERS El M *Soi fi 1 9; 3 151 8 6 1288z 001 1; 2~ ~LU31281 ! C 0 V-1 i ac521 LL!020 1 5BES Z M #FE S ~E}91 *80 YW E'l 5 3 M o S# i 85 00*ET .tz0 1 -C - P\ 2£8 0 0 12 11 c,-fo 3 CD - 3@ 1 .S 4 ~3 CD 22 m 5 16 b ** 16* = e l ro 2- 0 1.- 3.8 ES m% t= a) 2 MY ~& 0 =83 E-Y m ~5 ir) E O 0 ZiO 04 L= 0 . 1 ba) -0 Q> :M ~ NWR 2 252 E~ 5*E2 EY 4 0 0 0 < CD .---I S ~B 01 C m FEaR 2 B {E 2017 Fai -1 4 42 -i 4 ,-i -i' 4, oi cvcV,] d -i -4 -it oi, 4 4 -i: -1 4 4; 4 4 -1 4 , 3 .E 2 3 LU ~ · Ew- ' .C i j I O 0 2 0 U Ga~(L 1 - m 1-2 6 0); m'- 4 0 0' 0 r-1 ri m: (Ck 61 01 CY nt, 8)-0 r.1 0 CrS' 01 4, ri' Or Oi Bi o; 1.- Mi m r-- aid, d r61 LO vi--M m. 00 CO A- ' 10 #0! G in l.0.CO e m o'. G CV (\L i (€ 91. i 0-1 rq. 5: r' ! 0 ig r H ! b ¥Hi R; ; gz mo 09 LO (Y) H. 1 E 83.10 9,130.88 CD 0' Ch r-1 0 r-: 1-:i 0! O (D Ch! d! e, 01 id CO. 10 6, 0 ©O'01 r..1 0 0 N' 00 0 M' u; 0 0 (6: K K 41 6 r-, rl r-- col 4! i v--1 00 0, M In C, 4 0 00 01 0 0 to ~D C), ® %- 4 W -1 -1 1 0) 0' i °i g, A LO i 011 1 : rr-1 m: 0 17.1900 Oi 10 SE g > -mNI *: '* ''r--1 =t (\ r-, ! r--1 LO LO rl SSn : 61 <6 6 ; LO i * St C\11 • 11 , ./ r-1 It ei co o: 06: m 4 . ; 6 (D Ont- (0· Z! 0 O , LO ci. oo rl, 1 0 00 04/26/17 AWK 04/26/ ' ti ti 1 1 , 4 cO , E -1 i ; o cn : 8 ~ t:ii i 1 , 1 5'° zet K '- 6 : z! cd r.: A ~ 8 ~: 7-~ S ki Sl, M 42 2; g! 5; g mi 8 X 22 41 8 di cv d. d 0 4, m Co m ' Mp 61 * 5 M, 0 -r N. 50 06: 61 -11 m Z * r- 4- 10. 1 * 2 1 441 :S ag ir- rl r--1 o =t x, ' in -1 =* lo 03 :i < <0 01 r- G) 1 0, C) i 600'*Z r- M ; 0.01 t'LEO 8 8 CATHERINE B EBERL TTEE ZE*Ego'T 51 4 -2 1 55 8; 8 5 R 0 i 5 51 18 4 : 5. 01 5 R 5 81 8 31 3 : 4 8 4 1 0 ~ 8 Wi §55;3815 251~58,§@g'*35iBI5© 81*,3()52 ooc < LI Jo OT 9* 91 9 9: MI 4 4- 91 01 01 CNi r-' t- r-- K 000 0, c~ O-1 C)· r--, m M o)' r-· r- A. Lf) 1.0 LO' ,-1 0 H 00, #: * rv r-1 r-·1 r-1 00 oo 00 CD CD (0 m w a ·E;!R m-0 96'186'T 24-Hour Assistance: (800) MERRILL 39-812-49392 \ 31 Wi 4 31 91 U) 1 a. 5 1§ 11 vi521 mS i lIm!5 C; m 1051 ie !9 i 5 101 0 1010 ' » + 8 2 E to JIUSU ~3 E, Unrealized 017 - December 29, 2017 ,-41 M <4 (4 CVI 5 , N o cy 1 0 0 6, w d A i N o cy: .4 6 0!. CO M ~c?: o d0' m0' 0., El e+ 0M 13, :1 1 R 5 5# d * mi (01 01! © M -1 O -61 CV h· <· in: r-, e ' 0: 4 < w Q : r.: m *; In , -1 & t. (D ! 21 \ 1- th· xt; rt ', 1% i W gj gr 0. LO Q CO ! j z S R: * d (C) H : , a m 01 d i i Wit, W i r-1 4 .C41 4 ·' li 1% 53 2 ZI g g *I g 13 Sit NI :S SI 5%1 41%1 8}1 %1 21 8 :1~ 1:i 99908'LI December 01 F F * 8 8 81 9 5 S~ % St R; R %' ti Zi 8! 1* 5} 5~ 5}; M Si R R ~ r# r/ 4~ CV 01 CQ~ r1 rl r4, ~ ri~ r-1~ 2® C4' r& r# *Immi' titit W *r!:S ME S 51 **M®% A: M in in! 00 01 '1! 0-'w-; go vt. 0:0' M 't} 81 -3 in 1- ! 10 f m -i + 4- r- c,7 wi C,1 ~ .-1 H ! -1 -1 N w · 0, r. i u,! ci 1,, ~61 00 Hi M~ (9 T -1 I MI M 00, M Z r-1, rn ,! ~00 100 1010;0'01 iot r-1 9-1 LLI ~ 1 5 4 22,9 4.92 4-, ; 835~ 3.S 7.510 /2 mS I M i §§ 1 44 5 m mimI sl 1 6' 6 Cri E 06' i riottl- 10, 1## i LO Lf) CD: 1 4 1 LO tO . (D: ; OV ~ .-1 , O 9 . LO ·sr =:r 1 0 0 ; Al 51; 5! Al i ' °° °° 1 51 0 0 122 : Am . -1 0 -1 1 06 ~6 05, 1 « CH. 0m»o 1.O!1 10,00 0 0 I i g s g: OOTS too OSLOB 00 0090.-UZE De) Account Number:81049392 ;lili W -1 W W (D Co· S (D m! b- CO lo ! 0 0 4 J rq. i or F W (0:, 0,0 or, M- M. 0-, f •* ri w-~ =f r- NE i toi cy A a) 1 @ r-4 0, o ! 00, o, ,» 1 0, r--1 / r-1 M ' r-1 HI i~ mI M -1 : M ! ' 01i 1 TY ' : 1 50; 3 1 I , i ; i r. 4 r-1 1 1 - : I ., 1 Cost Bas 5 ·s 8§ IK~ ' Fi~ ji* 13-1 51 titi Sil 81 zd «g I gllig g i ma Inn lEE ImR 1 1 81%1 %1 21 i * Imia@ 1 1«« r-I rl · ; r// r-1; CV! CVi ~ ~ ~ rW~ (D r-lk·(0-Ilv Ri (D (01 : DIS 04/26/ 7 26/17 *5 i g 0 I rio :NO ~ ~ . 01 1 1! 1 I LO rl E n E IM E81 :-Ec-El I a 71 0 « (D K. < m m (D to r-1. 4 m m 0 tOi cO , r-1 01 cO ,-1 > m q· H Lf) \ 4- r , O, m m. *-1 1- CO ,Z 91 10 01 r,1 (0 Cv· (D Lri;·Z *4 m m H u Lri K· d n K. 03· -4 0 co M r,5 6 4 9 0, cd ~6,4 LO 4 91' 1 10 ! (V Cy' lw 01 (0 0 -1 3 7. Lr> i r# 01 « LO 0 tl 1> 41N * ~ S 2 15 H tv w "4! 5 ~ r, 4, 4,4 -1 H . '-7 A- 2 EE (DEE 3U) 3 ERZ 1 4 06 0 w Cv w m w 4, m-CCS Ui (6 85~ , 0 0 00: rt 0 ft *' 0 CO W 0' 10 N O, o O, A to * m CO an Cy * e 0: 4: d 0 1 1% ' © 0, 00 P 22 o N Niol K cn „i al: * m d. N o ti o <6 co~ d cd oi; 06 ru co A ~ N 5 6 R El W: 0 N S d. St W. 5 2 4 4 04 : 8K 51 2, g. 2.1 82 A 8%f f co 00 06% d co 0, g ©O 91 0 M N N co N' N 9: M 00 /* .2 Ch I .J /7- It (0 1 Itt 105.21 Z 666 0 0 . co 00 cO b. 6 t '~ 06 06. 04 01 Estimated Market Price d. cv 8 fA 1-2 ov CN IN, M (r), 0 M t cy) 4 .-1 ¥-11 "1. 09 1 CO ~D 0 1 Z> r-1 0 . V-1 9# Lf) : w. 4- o pi' * 44! Ch , co ** C\1 , C\1 0' M C\1. D :62 , ni ' >% 5~; (6, _3 8~ A J CO rn Lf) - .8078 05/08/17 11/09/17 44 : Z\ (D [.0 (1 0 9' st 9. 01 , , 1 ; 0 0! 0 ; 4- 0,1 R; 0 -1 M 0 01 r- 4) 44 i (20 12- . 2- - i: S0 110i 55 0 11 (L Z 13 1 1 ., 1 1 \ i ! 9121 U)] Ozi ! 01 101 101 0 i Ul m El ~ ~=1 1£ ia ;O i SP AD INSTRUM 2!Qi E mi m qi S.A. -1 0, f- 1= irn i -18 -1 !-J 15 31& Bi M 1 , O 0~ Z O1. 2 82 0 1 CO A iF q' 5 i z :E 1/ 1% I g 1 2 (0 !1&5 0')i 0o 18: 1 k /1 B !5 d {S z @M 0-r- 02 pkE 2560 -e ck= -1 12 5 -8 51 (3 Lo #BES Eck g LOO EQUITIES (continued) Description SUNTRUST BKS INC COM 11 tA 0 0 i 1 - 1 ;1 15 100 1'H 01 lin/SaNnd GNE a35010/SG 1ii01 f co 01. TOT 04/26/17 52.10 S ig5 (0 LI/ZO/90:aseqpnd le!1!ul XdSOV :1081NA d100 S i S{ S o v t m 1.0 co rn CO} r-1 H r * 31 T69 1 r... ' b- k c) , 4 4 Anueno STI 10/04/17 Cost Basis Quantity r- N =1 9 , -t -1 LT/86 80 10!M Symbol Acquired *Si iN.0 iT 80 90 r- 01, 4 0 r-).00 J (N (R . R g lejoiqn YOUR CMA FOR TRUST ASSETS •*1 CO, N -1 0). 0. · *.(VI ; fs 1> 5 C S 0-)1 2 .fl 4.1 Za .1 1 ,- 6 u) di 91 i m @ e w iz: 1 2 5 1 0 1 Hari -cyi ~~SE 3 41 1 g o - 0, co M 1%1 O i 2 4 > co 18 N 12 1 i < 5 0 26- "! 0 12 rg i 3 81 #2 m ~ U) U. 1 is 7,656.81 7,665.34 361 361 60,359.70 Initial Purchase:04/26/17 i E! <&~SE E gl * ~m Mi 81 8 '- m CV U> Crl 81 i 1377 'S RATE BOND ETF w WBHN399nS =2IES ALPHADEX I 21.1700 21.1300 54.6300 (14.44) (37.41) 5,742.60 7,642.37 7,627.93 66,102.30 OMI Ull= ti1 99e 5 i 1 i 1 49'599'1 1 1 1 OOZB'OZ 1 18-*1 i @95 ! 92'I99'Z bs i (80.tr) 1,210 2.22 2.06 1.53 171 158 1,012 Estimated ls:ael ~en~ (14) (37) 5,742 ~ Si; ti e 7,656 7;665 60,359 /nvestment inv 999'Z Estimated Market Value Total alent (4) Estimated tal sis Market Price 9-81249392 SeT 1 1 WRHN39900 ' le Jo VT 0*.E 3 056 5 cy u) lEi TOEST'OZ i E 1 I 0060'IE '51 09550'02 CE / 6 6 t~ i (196IT) e 01 § 8 8 gl 2 8 2 21 5 8 8 21 8 8 2~ 2 5 ri Mil ~E fl 2§~ 51 ~ El@ ~t g~m ~iI m 6o 3esl81 Rm m=Y 5 & a .~ M 5 E NI * S M /1 f 3 8 11 0 0 01 (\1 U) Yir i1 i 59-E'02 C a> 11 ,1 5(il §1-raj 1LB GNOB 3 53WVHS.13 Ed; 1 (6TI) 5 '-1 X LT/0-r/go:eselpind legful R 0 DOE 3LI-1 1 f Ts"r U.1 51 056 5 STLET'OZ 0 ~ 6980'TE 6 991£0'02 W (69'26) D E@* LET'OE ct 0 inued ) UAL FUNDS/CLOSED END FUNDS/UIT (cont 8 (*6) Unrealized Gain/(Loss) 8 December 01, 2017 - December 29 , 2017 il; CMA FOR TRUST ASSETS 24-Hour Assistanc : ( 00) M o -¤ LIE Account Number:81049392 00 m ' Lgi CATHERINE B EBERL TTEE LAI j ! 1 Al \ CD 1 09.1 -s 0>-X 1 1 , LOO + El 51 8.- MLu qi-El 15 0 g e M m 4.2500 O '11 4 , co-~I j1 Nhin.13E1 lY1017#1N30nbld 0!109Jz~ 066E 2 T66'E -0 i 1 e# 52Z iiw '15S 81 -1 .r il 2 001 i*Z 56 a u) lir 2 d c.0 tki- CQ 1 4! 5 12 m *81 %0OT {CK Z 25 1 ZT"EST'15 Initial Purchase:04/26/17 (664.65) E 0 m 0089*I COM 4.2500 57,159.90 56,495.25 7,729.30 20.8900 (\1; BL'881'89 i i LL *95 5 3 vt 51 OOPTVT 3 -0 21 o x mb Oi U..mgE! % ~ ~! *s28 1 E e S al 8- e zi ~ 3 e E , ~ - LT/95/VO:aset/w, 0 8 B, 0 E n ~ ' 1 0-ES'S 11. EMME §1 SNIDE131~13 lal.3WVHVd Cl 31el § L-r/92/to:aseqoind l 7-1 § 1 1 i 1 Ek LEE'9L & 0 151 Ccr lo i if) 0: OOFU'VT 1 8T9'Z 1 E g~ 5 c€ CD r-1 G OVTIG'LL 1 1 ·1 96'TE , 5 LT/97/170;aselloind lemul zi 'El -0 j ' OOBELE R ZOE'Z g' 1 To'*6 21 1 1 90'€96'*9 j H: 1 0085'LE 0 LORD ABBETT S DURATIO 8/ mi M A 99'ZEO'T i 1 ! *0'6-It'TL GUGGENHEIM BULLETSHARES 2024 CORPORATE BOND ETF initial Purchase:04/26/17 MBOL: BSCO 57,159 7,651 /nvestment (664) 1 TST'LS i ·r-It -3 N 233 2,154 H LEO'-r O al m CO 3.81 3.01 CD 089'I 3 09'TT ! K! 0062'ST LU 4 {0 oqiHi 09'*58'ZE 1 OOGL'ST 1 RE W . 0. 88'6 i , H 5€6'9L gi i 5 b T ES E 3 t; 3 1 to 0. 997 Eca ·caj- 89'8*£'9£ Description . Eli M 8 Total Cl ent 3 36 ! i 8 LES'£ Unrealized W 00, V Gain/(Loss) 3* £96'D9 Estimated Market Value L t Price December 01, 2017 - December 29 , 2017 0 9£*49 Ul .bc mated ® Ef MUTUAL FUNDS/CLOSED END FUNDS/UIT ~c~annt~~~ed) >88 -1 = YOUR CMA FOR TRUST ASSETS O *68'ZE Account Number:81049392 U2 EEg'E CATHERINE B EBERL TTEE 5 LU 5 Eve 1 + LOO 330 rchase:04/26/17 Initial Purchase:04/26/17 UTUAL FUNDS /CLOSED END FUNDS/UIT ( continued) 01,01 UR CMA FOR TRUST ASSETS 1,082.18 58,240.96 40,8 Unrealized Gain/(Loss) .19 1,166.31 11.8400 14.5800 123.6500 19 10.70 Estimated Market Value Account Number:81049392 Estimated Total Cost Basis Market Price ~ (sillew jseAul BA~eu.le}N) lejolqns (atuooul paxig) le)01qns uoiloe33 0I9 CATHERINE B EBERLTTEE 26 JO PT 71.64 6 2nvul 401 snu!.w anleA:leMJew pejew!153 : eJO~e lelide o aili JO enleA jellop el~s~ le 8 *5 3 -5 2 0 €008< 1W ° pelAI pejew!153 :(5507) IT 1,082 1,166 4.03 2.88 2,352 1 24-Hour Assistance: (800) MERRILL Access Code: 39-81249392 December 01, 2017 - December 29 , 2017 Est~~ante ad Cr t Total Client Income ~eld96 /nvestment 39,638 57,158 96.EVE'E 8-C9 069'6* rzrj penj004 57-5Iy 68619'092 EOT EE'092'88 OOPB'TT - ;iitjseruuv Ztz'Be al 1~ 2 * E S0 8 § d E ebl 2566'ST C 0 - 2 XdOVM (L /8 5 -S 31 S&ESE 25~¥S -c a 0 w n LLI ET'Z 90 ,-1 » 3~2 125 '-0000-0 [ m CIr) 1 11 f e5 51 S 1 1 5 § E E r=-0 S g% N ..0 0% 4 (Xi CO 2 m co u, 2 4 y U) lit m go in 'nt A rio 49 0 CO 0 O R S 0= ro O i G S E 51 aR -c i M. 00 00 4~ Cl- 81 9 0 4 1-0 LO 0 9 0 %9 10 7 i : 1.1/96/DO:eselloind le! ul 0 00).O. R?V : T C d M -1 S , - 21 Cr8 -d 2 9 2 E ElE Rtz ~j zifl m o z; s 5,0 A E 3% 51*1 B3 EZ %1.~I m% U.8 #E EE -5 5 Z * ~f'6 . m 01 BOO 0' { 0 4 8 , 28 0 ; COP 2 ZES Z /.- 3 5 M: 2 2~~f:§ E .mok==8~vo >- 1 2EE 3 ts 3 a r• gE '4 + 0 11 -== Ba 22 .' 5 * 6%. .* -e *AJ *-= ..15 60 ..../ 62£0. 34 6£ *0 k 122 0 N n .SKS PR>; 3*# * : , 4-nx'r* .'.gy'* ¢91 2< 0* 11,~ r 1% 91 *g .,r 0 * 1- -* Rf, r<-t - 0/f 1 143 -#S :mi .Fts « rif 9 i36' - (388,048,45 ----Sil 6.6 Q.' 08 IS 2-fo 33 0 79. C m O.- *i U ~; CD lit *P, ... 4«~ 00 06 0 m:e =2 171 ® .C Cy. LL H ff 8 5 2 Z . e r ./ o «z al ' SS E m 0 4&3* - Lf 5 / t* z £01(-.1, CK --J-/ CO= * 552- 5 74' O 8 0:3W ZS LL 2 9 -6(O-o- LL ' N ig a j C~ 6 0}.O < 8 fg *8€ LL (Q S'F w D .159 -E =d n. 29 1 00 -' M<:'F# /,th 9.4,444 1#327 part:, r,n -t'* b,6-62, I. + ©*M FA 5% r, 4 V'«3 Z *ty, 2 454 545"M -55. Ra .,3.4 ,- /'.p. - co 0-,-,ia-. 0.2.7 r-, * :4. 1- 1 35,3 d % 7fe,-f 2 e a~-< ., LO / 402 4% - 5 4 521-0: 2 0 *el ~1 0. Z{ 2-i 6o.=1/:03 W of s Ld· PIf, Z O J ' >*i , - asit '24 O .*%. . 5 858 - S\kit ;0* .£& SS 0- 4, xr··,-9, 53. , .. , rl gilTA' 5%:: O 9: ' .1-[- 5 Ed B M!, < W m r- m: 73 6 2-5 l In·, 2: z *&* 01 =r ns 5 E; '5'St ':i A'if 853 &4 S Er:~7 OJ 4) *85 3 25,029.22 Price S .~t#.44. .17#B ler,Ela »f S 6»3 me St> cole I '6- b I. 5%b 82 r 0 .... F# 6/ 4 6-•9 0 1=74 0 09- 0: r r.(r Z -O ts>, N 00012'02 lot rs 10 81/ZEB'Z Current -'6 32 Efki ms?N gw 1 .... 9 *€ 0,(31 0 50 H O Average :'«H -25 *~5 5 8 $= fe' 4< / gm **R*3 :'44~- rk ..,4 53 OX'OBL'96Z'k 4 %* '£ <18 -. *4*R... 8% Shares/ I 9. W *1 CCD 4..... : 6,;..e ;9%.:... *ISS SU - bf* ti *t,¥ffal .j]J<# SE 424.9, :MS,!·* 9 * *f 94 *5 ./g fs{!5{ t. 3 .ifIZ d ;35*S 19£A~ -15 AFFRIN FOUNDATION ':- « a %.4 * 469 .e 9 -. M .· ru 4 - 61 E 1r.90 r th 9.-8 f- ~ (0M ,of-r :6 * i ., 0 lt/) ILOO 624 9---. #4 4/ 4- b.: r 4 3,~ E A - V %5 Total Market Total Net Unreallzed Value Assets Gain/(Loss) Detailed Holdings 5 00 . Acc :d'-2 4-' ES Exeter Trust Company (t M I . 2 3 5 06 Jo y eaed 3u-o 6 co UND ~ Annu~ 9 M 9 M * 0 ~ i ~R 0 (R i N ~' ~ 1.0 th 0 '- 4 r 8f . 72 VY. " 4 -2 3* 7112 ?Sles 4 .~~.. ' B k:/1/ .T-t--1 Mls' -- 7 - 1 2%7 10' : I A * Cli.f.«e o-%4 /·y. ~%-S k 'grfis *%F *E#m *5 ..+ - 1.4-2. w 344% Alm -4 SCE -2.2.-f>~5 541*5 -&-~i ~ 2=- « fs{{ %24&391%46:ji h t,2.93/ ./ 95 35 214 4%9 #Vt *SY<9 ..·E·P. f-. ,.dfA'.- &.9 45; r. 45 . 4 :* .NE?,l /74.4:I., 41 (D: *,7,9 9 4.193 . /0- - . ,.Kil, i?*,3 2*. - , , I. - #.0 Ti'- '* i w CO 10' -r~ 10 CO r\bs- fa:-XM tk I, .4-, 7 67#--. # CD 1. r- -5 -- //1..'.. ..:, .:.1. A., I. 8, 0 : 73 1 1 2.75 Curren Pric 8 *4 rn0 40 9%, h- Co,E- ' 5.91- §3** 0) ".p h e c'Crt 0 0, ' N= ../ >' '*3 *ft.( 03%6 . i.- "3, 21,-1 4 32, 0:.4. I v *23>)22 i,~ _ 43;< tr> .- ,-- toi . r.. *,c to 9... .~1.-•.F;A* 0,47/6 N *-"ba /0-/ir *.383 ·45,·,49 *.:f.m -4, - -,- I.' L -2/.,3 9*le daL': 0 -+;e -5.' .ff. :1 -/'4,0 *,C]=---~ 0 61.:.:'.0 ·*o 85,8 60 20 R k IN -•'· 0 ..tK- -' 8&* 't,« :- , 958 -H 8:-13 -90 P/1:6 #543 tj'' cOLM CO Er,r f 4.6& - -':4 5 -4.L . I 0 . 4: 53 : F : -0-LA 58:.8 . ---=r ID NIN¢~ 10 H $· 1. Ed> ru V]:-Trt 69 . /1 b:,3, 1% Rp :6481ri ~j 5%- al,3,6/:3 5 134'11- 8~~S f 22/ 1 *-fle «;I ; tff,{ '.1 * 44 3{~~ ,..,el:.ir ... ,- ., 4 '.. '5*o g;~~ ,~54512 ,@yf,-.§ tv„ AL,c~ fS*~g 0 N.. :- ... - - - :: M >AN 0 #M I 44 -4- v r -- 'K 1 (4-t -·..0 1 -J 1 T ' '*6!@ ,:·. 4 4 ···-·i'fs .' %1 /4* 5.-B . 0 9 ,14. *7 ... *I, "b ., '*fNg 'K -'- "' I :*S, 2.·Sl.Za li 'rO 'loK ,-24 N - *1•Z CD - -s't ' 99.&\(·' /6 .* S : „On E v OB Ji geSed 06cn 21 N D ed 1-11~0 ~„ 0% U' .8':.;,r - ' 115·'0,8 0·25 0 o (0 % ,- M,5 0 '&'.00 P %.SO - =e > 4'Mal W'.>· 40 r w K ,1 r»6¤ 04.21 ED; , 3 , 14*00 *,0 N C)3,2 ,& ~-*·~:~~glj~S#W=1&*~522> 1- cv,Ar mt u O 31-to Sb,t f trf~ m.„,4 4 m .c-.1 - N ; ,> . . >>8 8 4, 8*8 9 48:8 0, *fa,25 11'3$:i{:i} 5 8 *3?E 5 S,jo.E n :.8 mi co 1.* u: f.4.1'ILPI~ 00 Z ER Z 8 8: 5'lis 2 64.5 ~ EE M CE c,1 IE c,4 05, cy' J, 9 0 :5 Q 7-0 Fi c);Ins-0 55 4 c:4,61 g ~@'pr< c) 50 8;6·:4~ CD M; 00•< Ci *.C»,1 2-4 ~ 60)502(0 Xdj aw>- 52'> 0 >A©EiS 1- w #'BLE.#- w # 55 #531- 5- Ir 5 9266219246 <4.#66%-*zc.*2* a#r~,~6281,<-W ~ *94$-4 547,~ao X..'- 5%3130,8 af .24%EM,9. 333 2* ~.#51,4-t --v'.2 5'Uff 46% 5 16'#7 C.6.'.44 -,'4- j,]{ke ii , 'Iimuj.'rb' 5~ 4*X# Ar H. 4f 32.,[.93@ „., i ,I.- .:,0 '8.(i-:: '-., @ e/1:"43£4 hed< 4 y=1 .-,.~ 4 6-4-%>1 -, .i' "' m gS.-i@ 0: m 4 ';t·«-*. H. w Tb'*.1 -0 005eLT.eis # 8 2 80 /4. u b el o O- < 5 = Sk~ Si 8'ir-'c,- 8 . co M f.a %*55 3. - i?fs>:2 .A ;mi-,~..~441 2.0 ¥*i ~ '-1-'LS* 66 61* «» . 4- " - -'. - - 1 95 rANINc)031 I-1 101 g #304359 5,50% 06/01/2038 522.1 6% ..2 ' <,1 n est r?)4 CS, S* >' B'*70% C)*tz M U) C 5 pi "S*i= *SS U=51·~*f* .:Sf51 %:roff-4. 3 = 12* ..55 :w:kuM::.2 m ' •--4. m 4.-d- M s *prs} lili lillill'll'llill'Illill'lll'lll'lillilli Current .* *,V,•Ah -, *ER·a p·:.. /f:.A,.-r-'~..4~-1,~= - '95: F :9/ -'T 3 SEP'€-*1 N' f'4"-p' "' '~'D '.-' rt,1 ££6!,1~5);S': FOUNDATION 'n:..,57 04 .:.:.:#121 g 1%,d «osi =11 -,4 -9 N 'r,8'* 2 ' 6' £FLO PAUL A. SAFFR S?&#/5 k* 13'NY@3 23'* 84:.Rh-r] 0 ,*Ed j t-OYS'/ 2EAM, -2332:N5 N -4 re#* S,« liy=.6 -'.4-44:1/1:3 CO A .. ce: 39,56%,•400 0 M *;q - 50:k= li. ff«' <8 :'-2<45:2 -i, <33441 444:-9 ~ Mi F vt-1% - · -1,fil,f,f* 0:674 17-6 ./4.0-21 z Rk- 24'-' e 10 Ck -~*-.1 65 .43.,op..,*.,-~ E '-4«':w m.29,4:.4, ~ :13.*Seily) 09 * *js. ys.ts **= 5, ry'.f" 1 1,940 6 I: 09'91*'9Z Total % of Market Total Net Unr i ed Value Assets Gain/(L~s) 22 '; ./ i 4 27_ 0- i, 5-,4.',, ;~.r -e . ./ -. Vi 6,- C: 0 -L ,,- 6. M -'./. · 0-f: .6 1 6§ i %65*% 644$* 0 -- 01*, 0, c» 01 , _'T ·I - At472 v e Q E =1 Exeter Trust Company 6'- 56 4-0 C -O < .W Detailed Holdings 0:, 0 --'I. • 06 Jo 9 eaed 3 -0 3 22 Osco - 8* 9.09 Y 01 52 38 0 5*-,c# .6 "- 4* 0 WA fa g,4.* J m 62- MI / 5 U. Si R 5 'FL .* W. 14* 3 0-*8 5 2 ~5~*2 &; u.~ g ~g 8 2 8**8 8 3{<9.;SE-Qua B.5 92 Qgs:2:€:itifWN :#El*Oa: 4-LU 2 !2: ~, 52_EL" 43 O 9 Q 53 225:--1 -·=,Af·,0._1 0,7 .,.-~es,·O g~ =I?T E w g'O:k., 5.5 83.3 55 1:1 ~ bico EE_E;t* 50 B 0 3551 4ilif >. 4 %33 62:5 5:2= ~3 E. 3 %5 .5,~5$5 5 MES ~ * 9 *4% S -1- - 0 0 I 1.L O 95 0 0 0 0. '8; A-- H 1 ' · 4 „' - 'r: , 7 31 Account Number: )0r·,· « "~ 2 1.- m83 § 4, AMT /24 2& b. *i@(0 *S ME. - 5 .-4',6, L, '.*.,1:1 €t:11- 5.55*"'Uro -/.; -1 „4 ' . r 9 2"@ %3 -' . 4,=j 10 ··- .: :,·.,".3s~,ri 1-1. e 2/& i ' ' 5'05.1 CO id =.. ...: , -FS.t10 0 2 .I ~-9* 9- 52 7,fi; A 0 0 9 '05{ ,/ b T': 0 T Crl ''OL'608'Det- ·'. Its! TotaINet Unrealized Assets Gain/(Loss) ~a 22 0 -''H :1 0 O.. m (SE:Egi,13 ' ..'-6 0, Detailed Holdings ~ - 0 06'£#4- «~-' 2 5 §% 84 0 Sl {54129.3.70)'~ ''i ,& 7.467.55, /2 C (6,28) L N 4 p t. , 104.90 .. - 54 M O ., 4- ,-O 0 03 e r-to 0-00 ~, ,-0 10,00200 MD A Income Yield 5 cn * N 06 Jo i eoed '162 ~1- - ' . ·06'6'--' · --' -·'· 4,]4 >66'g~ by Sector r--0 z H Ul f=-1*zo Ul *LU · . V ~ #*-1 P Z-12. - . 6 5 = 'M ZS *-15* k 5 6 ==! * sa 9- 8. 5 CS ~ 62 LLI J J Z H JE.L.u ar'JO A B- 0 0 # 11.1.6-Co &-kl,w C .- LAO C -O O C -- vi ce G 6 C > Y20E En 89 00 , ./ .- 624 og,3 1 -2,#':96#.flj'.473 522 144 4%48 St~ 6 8 ARfS 2-L_-I 124% ti cl 05 -de* -:,S =% f-- #29 YA r -i. MI.~ ,© p.# ZM 3156£*m .45 rm# :42* Le/ e £:6:,91 f:ly** -2,4 h' 5* 0 g !2.,5'1 *t 59 EN. 4 4% ¥95 3 711'/ 2 M. :~...:: fl' 65* :-0 3* U :B :4d-I _ h 47 #« .;,-/ 4-Za 40/4 - .'..: hs p: i.< .90- 6 Mr#Y & ·z '* -as. d c. ·¥ .&5; A. -i~·71 9 * r;= pit.': -%:,1 ./3 ISS.: 7460 - ; .42,1 :ls bkfu RE; aff{ baWL: : nk; .r la'.9 £1 */9 Li*f5y'X..Y#1 -Yr,4? 44 )ai' o 56*.-4 949 '-B 8 8.'2_* -~-3 .43 443 1, 4/G.~ **st $6* mi 9.> * .5 &2* f w. 212 [SS tra Rc>'8< m o * . Su-*et *, A<-t-0:-4 - P .7 -O 2,73: t!15 r (0 0 21 z 5 ~ #5 ~2 %5 -:45 0 fJtifII Zr g di - o. 3 0-ri~-Hit m n -0 0Z d gr * E5- 3c 3 'SI S: g #<09*6£ f if 5 4 5 9*& ·r u. 2 M 2 8 0 8 a 8 HM·: R" z e d S:*, R #! ~i M* ~~ 0 ,SE*22 O 0 f ]4-'.2 * {i } ] ma. 5 *. .<5 6, .574 1,29 5*2 F. 6.& IK- AFFRIN FOUNDATION I 442~51 %i??f~ &% A 4'5*? ~5; 5 55- 3% -5 24 I *2 -1 .4 */74 ./.Y «'* Exeter Trust Company FAL:. 01 -, 4/,49:: :#r ;,3 .U **'.2¢WH,er ' Current #hy # F, , -:-,-p ov Rdf.,7 MAE Xe ·**'*.* CP-Z -5 .tjl % ~ SM * 8 ,*1 0 i g4 5 %5' 'na s. 81.,1 .0~: 3 g Ki~.t * 4 B /4 42 '2# 44% f* 6 :0 :i f r:' 84 -,4St R :r~*-2 ~ 125% * 4 ~. *i *rilts .3 -fft RM -,St 2 moo I "_.44 AN 2/4 1,-ji 6-:~ O,0 C 07 -r,- ¢N 4.- r. 0/91ELOOO 5 *WEE 2 ** 15 0 2 t r. - ... . + ~ ~t ' 7 ~ 11 • '>~ ' 1 k 4 E- ~sp) 54 8 er, / 12%~ fl~ 0 [1- CS 45§ -9 6_,4 S 1, 33% 052 *'.h ~V' · ff/.3 .42 9® 9., :I E ff :18· 1 1 '. ~%~ 221.-' IIi/k - 1 ' 3.49; U, 1 9 914.45; S *21 RS~ R Pif,0 049 f- ~'-- E .F 601219992 · .6 . % m@ ~E 5], ~ms"i 561 f 8 111 g 66 s. Eg i %*= 6 r.: r =ME~ S % M r, . 0#9 0-2 9 5 5e : 0§ z3525202 4- 52 J.M Em (9; 5 H F LU 10. O Lu LL Z CD'~ b- (0 LU A H m R 1- <'.A o 1- t- LL D 1- H J LU 1- 4 5006£13Wnstai-79101 M 0,/R- -1. w o =- , u, Tl•U '. Th ' U PORT«SERVICEa'--.:' '-2 d -,,20 %5.:690, ',.Se '7 eF 54 ·- . - *a li m u~85.~ 5-&%3 o-E 5~~~3.~3-55 225:EM= 0 I. - 000009 215.000 :- A54- 00: -4 f . •~r i DEX CORP 6, 0 -t 61 * 5 ,@ 'r -32' « R r. '0 i: l C) NOUSTRIAL TRAN P . '' 00.9, Shares/ a. 9: NOdS SHS SAFFRIN FOUNDATION O- 2 000.02£'k 5 * 21'6£ ~~ 0 3 -f 06OtLE 42 c 2 4 L0 f * " 09'09 0 .E . 45 , 8 rY" * r 9 *5_ * ga }25 52889/ta.' '0 CE e'F . n "U 9 5 : > i a . 3 3 ei 0E ..,d.2-. S8 '594 US 0 '.-1~ 0 2%- 4 .er 3 -/ ,-JF·.Co 7> 4.-Er-,1(>-1 1 ' 6 Z 0 - · 1-, d OZ CO cv . 3 n. 00- 52 if 4/4 149 ' f=4dots *03 ,Mbli 41%% ;. / 1. - 40, £0 0 4 . . :.1 -3 4 ©'9f. M, 3, 3.~5 ~5 +1$** *is /8~.3 5?55 **d R **A 2 58 co r -»-L 1 # - 14 S»3 -AP... CY. h. ::$, W i'*i:&):~.A.-4 41 F- **S ,#I- ..ak=. RAM° ·*51:'SX! F -UZI '~R CD-u~ r F ~~5 *00 ~ .Mt -0 NX 4§% ali; -E CO :M 201 (0 QT,21# 61 F#-4 e : S I *S4 e 0 1,785.000 UM ERVICES PAUL A. SAFFRIN FOUNDATION -C ..'Ct-' ./ >:fit ~r.ARr·'3 ./.I'#. 1.:*2 0 7£21§ %98 .SJN OZ= -,„»4- 4'** -*:.4 '~*.i .S J 2 = 4,= 4740 - 5%%:Sm =,8 8 ././0 F*3 85% 56*.4 8 4.'-Bay 8 [K * *552: 52 Di, m 11 == 2 5·51 a 'w: 4 M* 9. LE ~ 56IS.*, Sh Q 5 g tit+EV~ E i]MI4~ 4 78:..~ 6% 96 *:2%;R cE co.LU ZA 001-5, . 80 8 5 5 *5/ s *«s M ** 8- #* M e 5 4 8%35 53 a:'2·:mic 5~y>;au) a.-LA»~r U) fo 3. .>- .·>al-3-24@zsm=5,%ti i * 2 ~ 15[*2 8 * 9 * ~ £15%3* E 5~5*: * 24*2 W f~.-*~ S Z 8 5 5 k *·M,8 dE 8 LU E '12~65~ 6i *65 ME SC tti B:RDS m :* a / z UJ LU,<['LutH U.1 M.*; 11*11,kz < 1# ul U.1 ·El'lil'ILU Z 4 5 Exi'350% 111 I 0 0 /1-1% 49 4/ . ..3· ...k 8*08 43.0 us- >- E 2E COR,0* 74. 4- T. . 01· ' 4-4 ..6-I< CO -: 11 9 .54 0 028 = 4 0Stf~0 ,»wi ga . ,%,gR ,F~iN %Itf)Mm 12&Milil sua.5 -5 8,>82 'm :304 5"A»* ''18* *A Qi %:-40 9.3 SfW.09 :48 13* 2* t.~a fl>: 3 : e 00 ,•-6 Nep- U CO, - 4.0 . 1-:4 9 z.2*·0 z 6-*:z 6 >5.20 z;<15*[EM < 0 52(0 LU 52 0, 1 2 0 952' 2 52 -:90 _ 0.-~ U.1 2 1.19,111 52 0,-Li.11*~~ A 0. mi--00.1«Lrm,-'SHS--2#'ZZ-+09,[El--0-144> 1- Z- 8591616'*'sividh#59*9¥Rd'ivib ~ Exeter Trust Company 50- /1·-· 2.#4399 23~ 1/ 33* 1-' -»B. 41* 9% 2, 0 ¢0 15~57% ... -1 CO.'.25-* * A, ,V.6 2 4 6:454 05<1# 62. N .~#ed 3:ry 041 A L 11 % 1- -491 'of'- .U., -3'pi 2. 3,7,- 1--: ,„„-,».,=.....V. ., -I- ... -- : ;; 0 gie- Liki t.bl·): ' LR.e: - "0'*0 li 1 lilil l lili l ililill il I lil l iltll ilill lil i Current . k 8./-9. ff: t r r-:42· 4 (O --•..-•..„-.•«..i,- --=..M-p&-AJ&pi......-, -*»~.....«i..i,». 1 :>AT- 4 0#. /, '4:••14,•; :gz. I 46. . 4 7,/k,1. 1. E 75 -* - 00 .... -1!.40 ¥'7 1--0 , 495- *·4 ~.co ,,-' - .4 *' ..~«. W .FT4'* K -*fi 2, :.*?i 4*' 44 :*2 F.¥ 5,/.'Sri . .-74 <66* 9 6' £O 4 ., '4 a: -%,t 1* -*-B'. lili.'..W.I.- 3%- f *4 =E Re ,55*1 094 - *4 ~ &*,0 0 9- 21/i! ICLDOO rZ a -f '5: 4 22'/4 0"95 52{!E :3%§ .5 I ·94,95 Y:*M ~m ....' :,::*AM -r,%94 1.4 .. Detailed Hold I . 4 '.St.* ,r :. I , 7& "1 844* Ni -4..Z - i 5- ,-fy'Pt .1.1 44 4 4%. :;%5 ./ 4,:90 , *•rr V 3 Z 00 " >4 06 Jo OL eBed -0 =A r' . r#2 .: " n ...56 ,1 0 -220 2-Rjo Sta &*g d 1, ,a 53 51.:5.5 S..ts S %4~:.55 52:]]f:& . 5. 5 5:957 3C E -0 060 5 c\ ID l , : or 0 O S c! 0 · f:E 0 .- 0 8 :gs /7. C' 0 0 70,68.20 0 0 O 0 O -56,41 - ~_ 10 US O r CD *N: r 4,» ch 1 X 0- r? * .i= a r·4·~ X Afte 0*60 0 w .': .4:5,4 .04 9 ~f{ - VE' .: " .. 3..4 f»: ../ ·44 R 8 /1 Tja =i- ~a-<¥.> 0 0/ 3 ...4 ./1.-. 94 01 - f: I.. f #. *&5; e..: 0. 7::...,Z6**Fav#h ..4> f.:.'4 *;.Z 6 CO zyti·3 3,< - M~i 'St C~ Qi:. 44 .94 LO .00:· 16'**8'96 SY]>4 44,792 ·52· 1*42--.":SE= CH- 4E6 *0*6191 1- 41 0 5/E 1/ 438 13 *U S 2 Ef.jr - SS3423 . ?. 540 -.7 (1) 0 Ci . .>: 0 4 64 K *t•i· 0 0 .0. * +-~ J *- 4» ' . *, B,20{ . 25,375.39 e~s dY'ZZM Market Tota N t Value A C! 0 16*, Current '2} 2 &2, 0 S 26'*£6 Reporting Currency: S K E. e ·61 «Y 2,,4 Detailed Holdings L st ti- d . i .:Ar. 0 s./ . .- 00(D C, 0 00'11· E CR· 0 06 Jo L L aSed 0 SWD = 8 c?0 Accrued Ann al Income Yield(°/6) . 00 00 ' '. JU·J!= _..,1, pl.-' / ' .- ~ ,-.31*j 1 f .27,8·gt 1 4. 00 Ar»0 „..4 1 lr/ 924,4: -- '. M .i~fs; 5,3 ~ fla..6k] N 6-= 2 . . F w iii 4 . 60.000 8 tr ".: O W ' RS,f -'. / Y-94 0 O O S 0- C] M 4 ...: 4 E Z 8 c 0 .- ·ft 111 g RIM' _ U):4-1, (4, =85 A- ,~ "'b- : G6518L108 ~ 0 ». ~= 5, ~'I, }2 * 9= I r r ul' i2 m 0 /5 ':- -, - 00 07.. ~ CL 2/ · ; A: #159 8 0 Mi E 0 F &41 d -SE mB i# 8 H s E5 2 4 li 81 1*. 28 / az 1%•S Z 9 zf a -1 9 25 W./O 09 t J GENERAL ~ · RETAILERS-- 3510 98 oNZ._r Ul q EE -568' 0# 95 -z ul·: od Ed *(5 22 ~E . 4... '.08 I.· I. O : ZY -j z CL 12- -1 c, < 01 Ill Z a UU :1 82 11 :5 SE 82 --2 IJ O 82 PE E *-< 3. LU LU *r ft. 9 816fl.95 R~nWIN053731 3.-ITBOIN~,17 Shares/ 0/6, 04· 61 . ' / E:~t C'j - n *-4.i 00009 -~ OJ 0 SNOIl¥OINnININOOE] 31 6 PAUL A. SAFFRIN FOUNDATION Average I.:i:€ · 6 % E,*5{ 5-·M 2 3 8 4 W 5 25 52 8 6- 583 2 W AY ci L O LU k 000 .c ,- u Av 4.. 2 z 1-- F,.1- [1- M- A 0 < Fi Ff ;E a P F. 52 . -- aG WAO 0 Z- I. 0, .-- N ,«-40 C v t 41,% ..'%42 C .SE 00 63 25' > €9 A 0€ A,J « 9, 0-':3,A r 4 4- O O 0, 0 ..63 -0 INTI# ::-- -7~f 91! f~-* *%1 ic:* 4. l I. 7,4 9054 W< 23,867.13 w ,~5 3* N g/ m 0, 4 1361 %.*68 <*2 53% ~-9.~N 3„ 54f . % .34 3 I:.,=*4 8%S ;':' . R.:14< 2** * * 8 WS# *s W: * *3 24**gro.2,2~ 0 toi,2,10 **Mr Z .:~5515. 4*535 1;t '.,~':-3. 2*>4 ./ . 2.':30 · » Y * (32* 0 -* -19 '2* f#- 30. =46 4 **6 0 91 - : I' 42 ' m.&; E R 200 < 5*M# 3 co '*21 3..5 4*1 .74>9 « '55% 09 47X10 1,·~ 1 46&4 34 t.4-di 2%5 -'f-% i 2*t. -9. 4 IW f Fi :.-*1 5E 2 :4: m5 }fif**1@ 58 ,<3 *S ~.%?Iff 2 - AE ·~ A-1 < o 0 }* ~>. E- zo %*g* O 4:.-5*0 0 4£5 2, 52 R o: 4 V 8 5 35 1,1 ~ 0 8%2 8- .1-~E * =' 3 s,s 5 *:*joc D iL o #8 .H: 4 6 9 QI- f %0 Exeter Trust Company %149 1'-3~0 111111 111 lili 1 111 111 1 1 l illil lilli 11 11 1 111/l Tootdt cu;z: 'file j..'Bld 209' LE 9 -S>AS .Fl A< 6 Z*/8 IELOOO *o o . -16- '49 5 '<,s, T 4£"8 . 2.j. 336 8 24.. ag 9 0 sa s I., 00',09'e L 5 1- 0 0.9 0 ~1460 f*~ 23:o t<8s ~6 Or :10 86 S5<*c ,~56 #9 #~'*Yl .!. li - t,I *11 fS ---4 ---* 4:gejj= C**, .7: 1/ 4.4, ..4- /81 f~ +MAR 914 40 {*f - 2~]~Si ~a .** 9*i *W h. 22 ...-t. 8-° **18 88 g 8d 8%Sf{ 45° .**fi ·Bs'. a, E 5 8 OE 409 Detailed Holdings 0 SS 06 Jo E L eBed ©Sco NID < H <·**· Ll- # JEeR' ri~ i- j i 1 ii 4 1 ~ i i 1= , S =i> M III.{n· fE, -m- .£»* >.·.0 M. h·24·--/:· { .1>245*y .'. * n %ES Y.2 fi to, r.. RE#;g *r 9, S * 54*4 0. 4,9.% ,, fy*> 187 79#d-5 ' , 93,525,75 0/8 .- S{SK{ xr'-pr:. rn .f»uN -1 Current Zj".~. '-/ , :*cria, 4. '58*5 A -- 2,9 13 M 60 I ;6£ ~.S!& '. . 986.000 n. OL - 06 f:*i 68* .*4 ,1 1 - JO SS*9 0 < >4~ 0 Z - - *.O! 6]352 0-s 5-Mt «D.. f4 *C 88 855/*'558§ r z 6 22 --&22<2 82 -1 -Ul- EM~ 0 12 8*IM-*05= 2: 2 2 6 5 8%3*2% S] '2'. 3,5 - Paul A. Saffrin Foundation EIN: 20-8313839 Attachment to 2017 Form 990-PF Schedule for Part VII-A, Line 11 Atherton Farms LLC 2350 North Forest Road Getzville, NY 14068 EIN: 32-0482344 The controlled entity is not an Excess business holding. ... 4 COPY NYS OF OF WIT H RECEIV IN PAPER En SEP 1 0 20 18 FICE O F T,;E CHARIT ATTORNEY G ENERA IES BU L REAU