﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-11-15T10:39:51-05:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>223773185</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>THE KURZER GROUP LLC CPAS</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>2 PROSPECT VILLAGE PLZ</AddressLine1Txt>
        <CityNm>CLIFTON</CityNm>
        <StateAbbreviationCd>NJ</StateAbbreviationCd>
        <ZIPCd>07013</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>134115138</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>MORRIS &amp; DVORA SCHARF FOUNDATION IN</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>MORR</BusinessNameControlTxt>
      <PhoneNum>8453698851</PhoneNum>
      <USAddress>
        <AddressLine1Txt>4908 BEACH RESERVATION</AddressLine1Txt>
        <CityNm>BROOKLYN</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>11224</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>MORRIS SCHARF</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>7183724589</PhoneNum>
      <SignatureDt>2024-11-14</SignatureDt>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>MICHAEL H KURZER</PreparerPersonNm>
      <PTIN>P00221311</PTIN>
      <PhoneNum>9737798100</PhoneNum>
      <PreparationDt>2024-11-15</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2024-10-15 13:58:12Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="11">
    <IRS990PF documentId="RetDoc11">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>9345543</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>98307</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>97092</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>-442493</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1096093</GrossSalesPriceAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc6">102189</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>5091</OtherIncomeNetInvstIncmAmt>
        <OtherIncomeAdjNetIncmAmt>97098</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>-241997</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>102183</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>97098</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc1">4400</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>4400</AccountingFeesNetInvstIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc9">14750</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>14750</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc10">85</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>85</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc5">50</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>50</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>19285</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>19285</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>296870</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>296870</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>316155</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>19285</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>296870</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-558152</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>82898</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>97098</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>1436</CashBOYAmt>
        <CashEOYAmt>39589</CashEOYAmt>
        <CashEOYFMVAmt>39589</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>263233</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>565079</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>565079</SavAndTempCashInvstEOYFMVAmt>
        <OtherNtsAndLoansRcvblAmt>3680663</OtherNtsAndLoansRcvblAmt>
        <OtherNtsAndLoansRcvblBOYAmt>3680663</OtherNtsAndLoansRcvblBOYAmt>
        <OtherNtsAndLoansRcvblEOYAmt referenceDocumentId="RetDoc8">3680663</OtherNtsAndLoansRcvblEOYAmt>
        <OtherNtsAndLoansRcvblEOYFMVAmt>3680663</OtherNtsAndLoansRcvblEOYFMVAmt>
        <CorporateStockBOYAmt>6800295</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc3">5822195</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>3724652</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>93505</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2">93505</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>88000</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>1131159</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc4">1211108</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>1247560</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>11970291</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>11412139</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>9345543</TotalAssetsEOYFMVAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="RetDoc7">3028452</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="RetDoc7">3028452</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>3028452</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>3028452</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>8941839</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>8383687</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>8941839</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>8383687</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>11970291</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>11412139</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>8941839</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-558152</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>8383687</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>8383687</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>OPPENHEIMER - ST</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-01</AcquiredDt>
          <SoldDt>2023-12-31</SoldDt>
          <GrossSalesPriceAmt>80338</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>53457</CostOrOtherBasisAmt>
          <GainOrLossAmt>26881</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>26881</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>OPPENHEIMER - LT</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-01-01</AcquiredDt>
          <SoldDt>2023-12-31</SoldDt>
          <GrossSalesPriceAmt>1015755</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1485129</CostOrOtherBasisAmt>
          <GainOrLossAmt>-469374</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-469374</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>-442493</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>26881</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>1152</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>1152</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>1152</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>4649</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>4649</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>3497</OverpaymentAmt>
        <AppliedToESTaxAmt>3497</AppliedToESTaxAmt>
      </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>MORRIS SCHARF</IndividualWithBooksNm>
        <PhoneNum>7183724589</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>4908 BEACH RESERVATION</AddressLine1Txt>
          <CityNm>BROOKLYN</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>11224</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>
          <BusinessName>
            <BusinessNameLine1Txt>MORRIS SCHARF</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>MORRIS SCHARF</BusinessNameLine2Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>4908 BEACH RESERVATION</AddressLine1Txt>
            <CityNm>BROOKLYN</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11224</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>DVORA SCHARF</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>DVORA SCHARF</BusinessNameLine2Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>4908 BEACH RESERVATION</AddressLine1Txt>
            <CityNm>BROOKLYN</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11224</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>NECHAMA SCHARF</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>NECHAMA SCHARF</BusinessNameLine2Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>4908 BEACH RESERVATION</AddressLine1Txt>
            <CityNm>BROOKLYN</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11224</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>TOBY SCHARF</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>TOBY SCHARF</BusinessNameLine2Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>4908 BEACH RESERVATION</AddressLine1Txt>
            <CityNm>BROOKLYN</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11224</ZIPCd>
          </USAddress>
          <TitleTxt>ASST SECRETA</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>ABRAHAM SCHARF</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>ABRAHAM SCHARF</BusinessNameLine2Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>4908 BEACH RESERVATION</AddressLine1Txt>
            <CityNm>BROOKLYN</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11224</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>LIPA SCHARF</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>LIPA SCHARF</BusinessNameLine2Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>4908 BEACH RESERVATION</AddressLine1Txt>
            <CityNm>BROOKLYN</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11224</ZIPCd>
          </USAddress>
          <TitleTxt>ASST TREASUR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</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>4718873</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>355041</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>4298456</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>9372370</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>9372370</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>140586</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>9231784</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>461589</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>461589</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>1152</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>1152</TotalTaxAmt>
        <DistributableBeforeAdjAmt>460437</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>460437</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>460437</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>296870</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>296870</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>460437</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>408803</ExcessDistributionCyovYr5Amt>
        <TotalExcessDistributionCyovAmt>408803</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>296870</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>296870</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>163567</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>163567</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>245236</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>245236</ExcessDistriCyovFromYr5Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>MORRIS SCHARF</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CONTRIBUTIONS -UPON REQUEST AT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4908 BEACH RESERVATION</AddressLine1Txt>
            <CityNm>BROOKLYN</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11224</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NONE</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ADVANCEMENT OF EDUCATION AND ASSISTA</GrantOrContributionPurposeTxt>
          <Amt>296870</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>296870</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>98307</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <OtherInvestmentIncomeGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>5091</ExclusionAmt>
        </OtherInvestmentIncomeGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>-442493</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>RENTAL INCOME FROM P'SHP</Desc>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>97098</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>-241997</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>-241997</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>
    <AccountingFeesSchedule documentId="RetDoc1">
      <AccountingFeesDetail>
        <CategoryTxt>INDIRECT ACCOUNTING FEES</CategoryTxt>
        <Amt>4400</Amt>
        <NetInvestmentIncomeAmt>4400</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2">
      <InvestmentsCorporateBondsGrp>
        <BondNm>INVESTMENTS - CORPORATE BONDS</BondNm>
        <EOYBookValueAmt>93505</EOYBookValueAmt>
        <EOYFMVAmt>88000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>INVESTMENTS - CORPORATE STOCK</StockNm>
        <EOYBookValueAmt>5822195</EOYBookValueAmt>
        <EOYFMVAmt>3724652</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc4">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENTS - PARTNERSHIP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>563676</BookValueAmt>
        <EOYFMVAmt>563676</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MUTUAL FUNDS, MUNICIPAL BONDS, ETC.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>647432</BookValueAmt>
        <EOYFMVAmt>683884</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc5">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>50</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>50</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISC EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc6">
      <OtherIncomeDetail>
        <Desc>INTEREST INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>4667</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4667</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>OTHER MISC INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>424</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>424</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>RENTAL INCOME FROM P'SHP</Desc>
        <RevenueAndExpensesPerBooksAmt>97098</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>97098</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="RetDoc7">
      <OtherLiabilitiesDetail>
        <Desc>DEFERRED GAIN ON INSTALLMENT SALE</Desc>
        <BOYBookValueAmt>3028452</BOYBookValueAmt>
        <EOYBookValueAmt>3028452</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherNotesLoansRcvblShortSch2 documentId="RetDoc8">
      <OtherNotesLoansRcvblShortGrp>
        <Organization501c3Name>
          <BusinessNameLine1Txt>OTHER NOTES AND LOANS RECEIVALBE</BusinessNameLine1Txt>
        </Organization501c3Name>
        <BalanceDueAmt>3680663</BalanceDueAmt>
      </OtherNotesLoansRcvblShortGrp>
    </OtherNotesLoansRcvblShortSch2>
    <OtherProfessionalFeesSchedule documentId="RetDoc9">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT ADVISORY FEES</CategoryTxt>
        <Amt>14750</Amt>
        <NetInvestmentIncomeAmt>14750</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc10">
      <TaxesDetail>
        <CategoryTxt>FOREIGN WITHHOLDING TAX</CategoryTxt>
        <Amt>85</Amt>
        <NetInvestmentIncomeAmt>85</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>