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 l

- Form 9902PF Return of Private Foundation

or Section 4947(a)(1) Nonexempt Charitable Trust
0MB No 1545 0052

Treated as a Private Foundation

Department of the Treasury Note: The foundation may be able to use a copy of this return to satisfy state
2007
Internal Revenue Service reporting reqwrements
For calen dar vear 2007, or tax year beginninq
G Check all that apply.
10/01 , 2007, and ending
I IIrnt1alreturn I IFinal return I IAmended return I
9/30
IAddress chanqe
. 2008I I Name chanqe
Usethe THE MILSTEIN FAMILYFOUNDATION A Employer 1dent1hcat1onnumber
IRSlabel 95-4824595
Otherwise, 16027 VENTURA BLVD#550
print ENCINO, CA 91436 B Telephone number (see the instructions)

or type. 818 995 7965

SeeSpec1f1c
Instructions.

H Check type of organization. ~ Section 501 (c)(3) exempt private foundation

C If exemption appl1cat1on
D 1 Foreignorganizations,
2 Foreignorganizations
Is pendmg,checkhere
checkhere
meetingthe85% test,check
=8
D
n
Section 4947(a)(l) nonexempt charitable trust n
Other taxable private foundation hereandattachcomputation .,
I Fairmarketvalueof all assetsat endof year J Accounting method. ~ Cash Accrual LJ E If privatefoundationstatuswasterminated
.. D
(fromPartII, column(c), line 16) D
Other(specify) ______________
undersection507(b)(l)(A),checkhere
.. $ 8,999,760. (Part I, column (d) must be on cash basis)
F If thefoundationIs m a 60-monthtermInatIon
undersection507(b)(l)(B),checkhere ..n
!Part~ I Analysis of Revenue and (a) Revenue and (b) Net investment (c) Adjusted net (d) Disbursements
Expenses (The total of amounts m expenses per books income income for charitable
columns (b), (c), and (d) may not neces- purposes
sanly equal the amounts m column (a) (cash basis only)
{see the mstruct1ons).)
1 Contnbut1ons, gifts, grants, etc, received (att sch) 2 060.000.
2 Ck., D 1f the foundn 1s not req to att Sch B
3 Interest on savings and temporary
cash investments 8,100. 8,100. 8,100.
4 D1v1dends andinterestfromsecurities 722.494. 722 494. 722 494.
5 a Gross rents
C, b Net rental income
0, or 0oss)
0,
('J 6 a Net gain/(loss) from sale of assets not on hne 10
R b Gross sales pnce for all
e'il E assets on line 6a
~ V 7 Capital gain net income (from Part IV, hne 2)
E 8 Net short-term capital gain
CD N
I.JJ u 9 Income mod1f1cat1ons
l.l- E 10 aGrosssalesless
returnsand
0 allowances
W'
z b Less. Cost of
goods sold
~ c Grossprof1t/(loss)(att sch)
11 Other income (attach schedule)
0
W>
12 Total. Add lines 1 throuoh 11 2 790.594. 730 594. 730 594.
13 Compensation of officers, directors, trustees, etc u.
14 Otheremployee salariesandwages
15 Pension plans, employee benefits
A 16a Legalfees(attachschedule)
D
M b Accountingfees(attachsch) See St 1 1,800. 900. 900.
I
N c Otherproffees(attachsch)
0 I 17 Interest
p s
E
R
T
R
18 Taxes(attachschedule) See Stmt 2 10,630. 10,630 J:>Cf't::I\ IC n
A A 19 Deprec1at1on(attach I 'll...'-'bi 1f b 'f,J
T T sch) and depletion 0
I
N
G
I
V
E
20 Occupancy
21 Travel, conferences, and meetings
r
IX>
--n..
rc.o .1
n -
o lll J~
- r<
.l
A E 22 Printing and publications ,-;
N X
D p 23 Other expenses (attach schedule)
E
N
s
See Statement 3 150. OGD~N IJT 150.
E 24 Total operating and administrative
s expenses. Add lines 13 through 23. 12,580. 11,530. 1,050.
gifts,grantspaidPart
25 Contributions, X:V 324 000. 324.000.
26 Total expenses and disbursements.
Add lines 24 and 25 336,580. 11,530. 0. 325,050.
27 Subtract hne 26 from line 12:
a Excess of revenue over expenses
and disbursements 2,454 014.
b Net investment income (ii negative, enter O ) 719,064.
C Adjusted net income (1f negative, enter O ) 730,594.
BAA For Privacy Act and Paperwork Reduction Act Notice, see the instructions. TEEA0504L 02/20/08 Form 990-PF (2007)
.. Form 990-PF (2007)

I
!Part U, Balance Sheets
THE MILSTEINFAMILYFOUNDATION
Attached schedules and amounts m the description
column should be for end of year amounts only
Beginning of year
95-4824595
End of year
Page 2

(See instructions ) (a) Book Value (b) Book Value (c) Fair Market Value
1 Cash - non-interest-bearing 24,099. 62,404. 62,404.
2 Savings and temporary cash investments 8,456. 64,551. 64,551.
3 Accounts receivable ...
Less. allowance for doubtful accounts ...
-----------
4 Pledges receivable ...----------
Less. allowance for doubtful accounts ...
-----------
----------
5 Grants receivable
6 Receivables
duefromofficers,directors,trustees,andother
d1squallf1ed
persons(attachschedule)(seetheinstructions)
7 Othernotesandloansreceivable(attachsch) ...
-----------
A
s Less. allowance for doubtful accounts ...
s 8 Inventories for sale or use
----------
E 9 Prepaid expenses and deferred charges
T
s 10a Investments - U.S. and state government
obligations (attach schedule)
b Investments
- corporate
stock (attachschedule) 4,744,377. 4,147,546. 3,672,465.
c Investments
- corporate
bonds(attachschedule) 847,969. 1,061,969. 908,364.
11 Investments - land, buildings, and
equipment. basis ...
-----------
Less:accumulated
(attachschedule)
deprecIat1on
...
12 Investments - mortgage loans
---------- 500,000. 100,000. 100,000.
13 Investments - other (attach schedule) 1,252,112. 4,394,557. 4,191,976.
14 Land, bu1ld1ngs,and equipment. basis ...___________
Lessaccumulated deprec1at1on
(attachschedule) ...
15 Other assets (describe ...
---------- )
16 Total assets (to be completed by all filers -
see 1nstruct1ons Also, see page 1, item I) 7,377,013. 9,831,027. 8,999,760.
L 17 Accounts payable and accrued expenses. .
I
A 18 Grants payable
B 19 Deferred revenue .
I
L 20 Loansfromofficers,directors,trustees,& otherd1squallf1ed
persons
I 21 Mortgages andothernotespayable(attachschedule)
T
I 22 Other liabIlItIes (describe...----------------- )
E
s 23 Total liabilities (add lines 17 through 22) 0. 0.
Foundations that follow SFAS 117, check here
and complete lines 24 through 26 and lines 30 and 31.
...~
N F 24 Unrestricted 7,377,013. 9,831,027.
E U
T N 25 Temporarily restricted
D 26 Permanently restricted
A
S B Foundations that do not follow SFAS 117, check here ...L
SA and complete lines 27 through 31.
E L
TA 27 Capital stock, trust principal, or current funds
SN 28 Pa1d-mor capitalsurplus,or land,building,andequipmentfund
C
0 E 29 Retainedearnings,accumulated income,endowment,or otherfunds. .
R S 30 Total net assets or fund balances (see the instructions) 7,377,013. 9,831,027.
31 Total liabilities and net assets/fund balances
(see the 1nstruct1ons) 7,377,013. 9,831,027.
IPart mI Analvsis of Chanqes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year - Part II, column (a), line 30 (must agree with
end-of-year figure reported on prior year's return) 1 7,377,013.
2Enter amount from Part I, line 27a 2 2,454,014.
3 Otherincreases not includedm line2 (1temIze) ... 3
4 Add lines 1, 2, and 3
----------------------------- 4 9,831,027.
5 Decreasesnot includedm line2 (1tem1ze) ... 5
-----------------------------
6 Total net assets or fund balances at end of vear (line 4 minus line 5) - Part 11,column (b), line 30 6 9,831,027.
BAA TEEA0302L 07/25/07 Form 990-PF (2007)
 FormJ390-PF (2007) THE MILSTEINFAMILYFOUNDATION 95-4824595 Page 3
I Part IV I Capital Gains and Losses for Tax on Investment Income
(a) List and describe the k1nd(s) of property sold (e.g., real estate, (b) How acquired (c) Date acquired (d) Date sold
I 2-story brick warehouse, or common stock, 200 shares MLC Company) P - Purchase (month, day, year) (month, day, year)
D- Donation
la N/A
b
C

d
e
(e) Gross sales price (f) Depreciation allowed (g) Cost or other basis (h) Gain or (loss)
(or allowable) plus expense of sale (e) plus (f) minus (g)
a
b
C

d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I} Gains(Column(h}
(i) Fair Market Value (j) Adjusted basis (k) Excess of column (1) gainminuscolumn(k}, butnot less
as of 12/31/69 as of 12/31/69 over column 0), 1f any than-0-) or Losses(fromcolumn(h})

a
b
C

d
e

2 Capital gain net income or (net capital loss). {If gain, also enter In Part I, line 7
If (loss), enter -0- In Part I, line 7 } 2
3 Net short-term capital gain or (loss) as defined In sections 1222(5) and (6):

If gain, also enter In Part I, line 8, column (c) (see the 1nstruct1ons). If (loss), enter -0-
In Part I, line 8
} 3
(Patt V l 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.) N/A
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? Oves
If 'Yes,' the foundation does not qualify under section 4940(e) Do not complete this part
1 Enter the appropriate amount In each column for each year; see t he 1nstruct1onsbe fore ma k Ing any en ries
(a) (b) (c) (d)
Base period years Adjusted qualifying d1stributIons Net value of D1stribut1onratio
Calendar year (or tax year noncharitable-use assets (column (b) d1v1dedby column (c))
beginning In)
2006
2005
2004
2003
2002

2 Total of line 1, column (d) 2

3 Average d1stribut1onratio for the 5-year base period - d1v1dethe total on line 2 by 5, or by the
number of years the foundation has been In existence 1f less than 5 years 3

4 Enter the net value of noncharitable-use assets for 2007 from Part X, line 5 4

5 Multiply line 4 by line 3 5

6 Enter 1% of net investment income (1 % of Part I, line 27b) 6

7 Add lines 5 and 6 7

8 Enter qualifying d1stribut1onsfrom Part XII, line 4 8

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 1nstruct1ons
BAA Form 990-PF (2007)

TEEA0303L 07/25/07
Form 990-PF (2007) THE MILSTEINFAMILYFOUNDATION 95-4824595 Paae 4
IPartVJ I Excise Tax Based on Investment Income (Section 4940Ca), 4940lb), 4940(e), or 4948 - see the instructions)
1 a empt operatingfoundationsdescnbedm section4940(d)(2),checkhere ._LJandenter'N/A' on line 1

2
Date of ruling letter.

check here
_______ _(attach copy of ruling letter if necessary - see instructions)
b Domestic foundations that meet the section 4940(e) requirements In Part V,
._D and enter 1% of Part I, line 27b
enter4%of Part I, line 12,column(b)
c All otherdomesticfoundationsenter2% of line 27b.Exemptforeignorganizations

Tax under section 511 (domestic section 4947(a)(l) trusts and taxable
} 1 14,381.

foundations only. Others enter -0-) 2 0.

3 Add lines 1 and 2 3 14,381.
4 Subtitle A (income) tax (domestic section 4947(a)(l) trusts and taxable foundations only. Others enter -0-) 4 0.
5 Tax based on investment income. Subtract line 4 from line 3 If zero or less, enter -0- 5 14,381.
6 Credits/Payments.
a 2007estimatedtax pmtsand 2006overpayment
creditedto 2007 6a 8,000.
b Exempt foreign organizations - tax withheld at source 6b
c Tax paid with appl1cal1on for extension of time to file (Form 8868) 6c
d Backup w1thhold1ng erroneously withheld 6d
7 Total credits and payments. Add lines 6a through 6d 7 8,000.
s
9
Enter any penalty for underpayment of estimated tax. Check here
Tax due. If the total of Imes5 and8 Is morethan line 7, enteramountowed
IB:J
1f Form 2220 Is attached
..
....
s
9 6,381.
10 Overpayment. If line 7 Is morethanthe total of Imes5 and 8, enterthe amount
11 Enterthe amountof line 10to beCredited to 2008estimated tax ..
overpaid
I Refunded
10
11
!PartVHAIStatements Reaardina Activities
Yes No
1 a During the tax year, did the foundation attempt to influence any national, state, or local leg1slat1on or did 11
parl1c1pale or intervene In any political campaign? 1a X
b Did 1t spend more than $100 durin~ the year (either directly or indirectly) for pol1t1cal purposes
(see the 1nstrucl1ons for def1nit1on) 1b X
If the answer 1s 'Yes' to 1a or 1b, attach a detailed description of the actw1t1es and copies of any materials published
or distributed by the foundation ,n connection wllh the act1vll1es.
c Did the foundation Ille Form 1120-POL for this year? 1c X
d Enter the amount (1f any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation .. $ 0. (2) On foundation managers .. $ 0.
e Enter the reimbursement (1f any) paid by the foundation during the year for political expenditure tax imposed on
foundation managers .. $ 0.
2 Has the foundation engaged In any act1v1t1esthat have not previously been reported to the IRS? 2 X
If 'Yes,' attach a detailed description of the act1v1t1es.

3 Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of 1ncorporal1on, or bylaws, or other s1m1lar 1nstruments 7 If 'Yes,' attach a conformed copy of the changes 3 X
4a Did the foundation have unrelated business gross income of $1,000 or more during the year? 4a X
b If 'Yes,' has 1t hied a tax return on Form 990-T for this year? 4b NI1A
5 Wastherea liqu1dat1on,
termination,d1ssolut1on,
or substantialcontractionduringtheyear? 5 X
If 'Yes,' attach the statement reqwred 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 leg1slat1on that effectively amends the governing instrument so that no mandatory directions that conflict
with the state law remain In the governing instrument? 6 X
7 Did the foundationhaveat least$5,000m assetsat anytime duringthe year?If 'Yes,'completePartII, column(c), andPartXV
Sa Enter the states to which the foundation reports or with which 1t Is registered (see the instructions) .. 7 X

CA
b If the answerIs 'Yes'to line 7, hasthefoundationfurnisheda copyof Form990-PFto theAttorneyGeneral
(or designate)of eachstateas requiredby Generallnstruct,onG?If 'No,'attachexp/anatton Sb X
9 Is the foundation cla1m1ng status as a private operating foundation w1th1nthe meaning of section 49420)(3) or 49420)(5)
for calendar year 2007 or the taxable year beginning In 2007 (see 1nslruct1ons for Part XIV)? If 'Yes,' complete Part XIV 9 X
10 Did any persons become substantial contributors during the tax year? If 'Yes,' attach a schedule hstmt their names
and addresses See Sta ement
4. 10 X
BAA Form 990-PF (2007)

TEEA0304L 07/26/07
Form 990-PF (2007) THE MILSTEIN FAMILY FOUNDATION 95-4824595 Paqe 5

.
rPartVU-Al Statements Regarding Activities Continued
11 a At any lime during the year, did the foundation, directly or 1nd1rectly,own a controlled entity
w1th1nthe meaning of section 512(b)(l3)7 If 'Yes', attach schedule. (see 1nstruct1ons) . 11 a X
b If 'Yes', did the foundation have a binding written contract In effect on August 17, 2006, covering the interest, rents,
royalties, an annu1t1esdescribed In the attachment for line 11a? 11 b N'A
12 Did the foundation acquire a direct or indirect interest In any applicable insurance contract? 12 X
13 Did the foundation comply with the public 1nspect1onrequirements for its annual returns and exemption application? 13 X
Website address ~N/A _____________________________________ _
14 Thebooksare1ncareof., jl_g~Jl~---------------------- Telephoneno., 323 933 9306 __ _
Located at., 5967 W_3RD_ST. L #102.J_LA.J_ CA ______________ ZIP+ 4., 90036
15 Section 4947(a)(l) nonexempt charitable trusts f1l1ngForm 990-PF In lieu of Form 1041 - Check here - - - - - - - - N/A - ~ LJ-
and enter the amount of tax-exempt interest received or accrued durinq the year ~I15 I N/A
!PartVll-B I Statements Reqardinq Activities for Which Form 4720 Mav Be Required
File Form 4720 if any item is checked in the 'Yes' column, unless an exception applies. Yes No
1 a During the year did the foundation (either directly or indirectly).
(1) Engage In the sale or exchange, or leasing of property with a d1squalif1edperson? . 0Yes [KjNo
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept 11from) a
disqualified person?
(3) Furnish goods, services, or fac1l1t1esto (or accept them from) a disqualified person?.
(4) Pay compensation to, or pay or reimburse the expenses of, a d1squalif1edperson?
y"1Yes
Yes
No
No

(5) Transfer any income or assets to a d1squalif1edperson (or make any of either available
for the benefit or use of a d1squal1f1edperson)? 0Yes [KjNo
(6) Agree to pay money or property to a government official? (Exception. Check 'No' 1f the
foundation agreed to make a grant to or to employ the off1c1alfor a period after term1nat1on
of government service, 1fterm1nat1ngw1th1n90 days.) 0Yes [KjNo
b If any answer Is 'Yes' to la(l)-(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 the 1nstruct1ons)? 1b
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 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning In 2007? 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(!)(3) or 4942(!)(5))

a At the end of tax year 2007, did the foundation have any undistributed income (lines 6d
and Ge, Part XIII) for tax year(s) beginning before 2007? 0Yes [KjNo
lf'Yes,'listtheyears~ 20__ ,20 __ ,20 __ ,20 __

b Are there any years listed In 2a for which the foundation Is not applying the provIsIons of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year's undistributed income' (If applying section 4942(a)(2) to
all years listed, answer 'No' and attach statement - see the 1nstruct1ons) 2b
c If the provIsIons of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
~ 20_ _ , 20_ _ , 20_ _ , 20__

3a Did the foundation hold more than a 2% direct or 1nd1rectinterest In any business
enterprise at any lime during the year' 0 Yes [KlNo
b If 'Yes,' did 11have excess business holdings In 2007 as a result of (1) any purchase by the foundation
- or d1squalif1edpersons after May 26, 1969, (2) the lapse of the 5-year period (or longer period approved
by the Comm1ss1onerunder 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 2007.) 3b

4a Did the foundation invest during the year any amount in a manner that would Jeopardize its
charitable purposes? 4a X

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 Jeopardy before the first day of
the tax year beginning In 20077 . 4b X
BAA Form 990-PF (2007)

TEEA0305L 02/20/08
 t
, Form 990-PF (2007) THE MILSTEIN FAMILY FOUNDATION 95-4824595 Page 6
IPart VH-81 Statements Reaardina Activities for Which Form 4720 Mav Be Reau ired (continued)
Sa During the year did the foundation pay or incur any amount to.
(1) Carry on propaganda, or otherwise attempt to influence leg1slat1on(section 4945(e))? OYes [RjNo
(2) Influence the outcome of any spec1f1cpublic election (see section 4955), or to carry
on, directly or 1nd1rectly,any voter reg,strat,on drive?
(3) Provide a grant to an ind1v1dualfor travel, study, or other similar purposes?
aves
;No
Yes No
(4) Provide a grant to an organization other than a charitable, etc, organization described
1nsection 509(a)(l), (2), or (3), or section 4940(d)(2)? (see instructions) Oves [RjNo
(5) Provide for any purpose other than religious, charitable, sc1ent1f1c,literary, or
educational purposes, or for the prevention of cruelty to children or animals? Oves [RjNo
b If any answer ,s 'Yes' to 5a(l)-(5), did any of the transactions fail to qualify under the exceptions
described 1nRegulations section 53.4945 or 1na current notice regarding disaster assistance
(see 1nstruct1ons)? Sb N 'A
1

Organizations relying on a current notice regarding disaster assistance check here .

c If the answer ,s 'Yes' to question 5a(4), does the foundation claim exemption from the
tax because ,t maintained expenditure respons1b1l1tyfor the grant? N/A Oves D No
If 'Yes,' attach the statement reqwred by Regulations section 53.4945-S(d).

6a Did the foundation, during the vear, receive any funds, directly or 1nd1rectly,to pay premiums
on a personal benefit contract?' . Oves [RjNo
b Did the foundation, during the year, pay premiums, directly or 1nd1rectly,on a personal benefit contract? 6b X
If you answered 'Yes' to 6b, also file Form 8870.
7a At any time during the tax year, was the foundation a party to a proh1b1tedtax shelter transaction? Oves [RjNo
b If yes, did the foundation receive any proceeds or have any net income attributable to the transaction?
7b NIIA
!PartVIII IInformation About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers directors, trustees foundation managers and their compensation (see instructions).
' '
(b) Title and average (c) Compensation (d) Contnbut,ons to (e) Expense account,
(a) Name and address hours per week (If not paid, enter -0-) employee benefit other allowances
devoted to pos1t1on plans and deferred
compensation
_TUVIA MILSTEIN ____________ President & 0. 0. 0.
16027 VENTURA BLVD., #550 0
ENCINO, CA 91436
_GILA MILSTEIN _____________ Secretary 0. 0. 0.
16027 VENTURA BLVD., #550 0
ENCINO, CA 91436
------------------------

------------------------
2 Compensation of five hi<1hest-paid emplovees (other than those included on line 1- see instructions). If none, enter 'NONE.'
(a) Name and address of each employee (b) Title and average (c) Compensation (d) Contributions to (e) Expense account,
paid more than $50,000 hours per week employee benefit other allowances
devoted to pos1t1on plans and deferred
compensation
None ____________________

------------------------
------------------------

------------------------
------------------------
Total number of other emolovees oa1d over $50,000 ... 0
BAA TEEA0306L 02/20/08 Form 990-PF (2007)
Form 990-PF (2007 THE MILSTEIN FAMILY FOUNDATION 95-4824595 Pa e 7
Part VUI Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services - (see instructions). If none,
enter 'NONE.'
(a) Name and address of each oerson paid more than $50,000 (b) Type of service (c) Compensation
None
--------------------------------------

Total number of others receIvIng over $50,000 for professional services. ... 0

tPart IXA ISummary of Direct Charitable Activities

List thefoundation's
four largestdirectcharitableactIvItIesduringthetaxyear.Includerelevantstallsllcalinformationsuchas thenumberof Expenses
organizations
andotherbenef1c1anes served,conferences convened, researchpapersproduced,etc
1 N/A __________________________________________________ _

!Part IXB ISummary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2 Amount
1 N/A __________________________________________________ _

All other program-related investments. See 1nstruct1ons.

3

Total. Add lines 1 through 3 ... 0.

BAA Form 990-PF (2007)

TEEA0307L 02/20/08
,, Form 990-PF (2007 THE MILSTEIN FAMILYFOUNDATION 95-4824595 Pa es
u...!"'-'-"-"-...,Minimum
Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)
, Fair market value of assets not used (or held for use) directly In carrying out charitable, etc, purposes.
a Average monthly fair market value of securities 1a 8 249,800.
b Average of monthly cash balances .. 1b 47,200.
c Fair market value of all other assets (see 1nstruct1ons) 1c 300,000.
d Total (add lines 1a, b, and c) 1d 8,597,000.
e Reduction claimed for blockage or other factors reported on lines 1a and 1c
(attach detailed explanation) . I 1el 0.
2 Acqu1s1t1onindebtedness applicable to line 1 assets .. 2 0.
3 Subtract line 2 from line 1d 3 8,597,000.
4 Cash deemed held for charitable act1v1t1es.Enter 1-1/2% of line 3
(for greater amount, see 1nstruct1ons) 4 128,955.
5 Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4 5 8,468,045.
6 Minimum investment return. Enter 5% of line 5. 6 423,402.
I PartXJ I Distributable Amount (see instructions) (Section 49420)(3) and U)(5) private operating foundations
and do not com
Minimum investment return from Part X, line 6 423,402.
2a Tax on investment income for 2007 from Part VI, line 5 2a 14,381.
~ Income tax for 2007. (This does not include the tax from Part VI.) 2b
c Add lines 2a and 2b 2c 14,381.
3 Distributable amount before adjustments. Subtract line 2c from line 1 3 409,021.
4 Recoveries of amounts treated as qualifying d1stribut1ons 4
5 Add lines 3 and 4 5 409,021.
6 Deduction from distributable amount (see instructions) 6
7 Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 7 409,021.
IPart XH j Qualifying Distributions (see instructions)
1 Amounts paid (1nclud1ngadministrative expenses) to accomplish charitable, etc, purposes:
a Expenses, contributions, gifts, etc - total from Part I, column (d), line 26 1a 325,050.
b Program-related investments - total from Part IX-8 1b
2 Amounts paid to acquire assets used (or held for use) directly In carrying out charitable, etc, purposes 2
3 Amounts set aside for ~ec1f1c charitable projects that satisfy the
a Su1tab11ity
test (prior IR
approval required) 3a
b Cash d1stribut1ontest (attach the required schedule) 3b
4 Qualifying distributions. Add lines la through 3b. Enter here and on Part V, line 8, and Part XIII, line 4 4 325,050.
5 Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment income.
Enter 1% of Part I, line 27b (see instructions) . 5
6 Adjusted qualifying distributions. Subtract line 5 from line 4 6 325,050.
Note: The amount on /me 6 will be used m Part V, column (b), ,n subsequent years when ca/culatmg whether the foundation
qualifies for the section 4940(e) reduction of tax m those years.
BAA Form 990-PF (2007)

TEEA0308L 07/27/07
Form 990-P_F(~007) THE MILSTEIN FAMILY FOUNDATION 95-4824595 Page 9

IPart xmjUndistributed Income (see instructions)

(a)
Corpus
(b)
Years pnor to 2006
be)
2 06
bd)
2 07

1 D1stnbutable amount for 2007 from Part XI,

line 7 409,021.
2 Undistributedincome,1fany,as of the endof 2006
a Enter amount for 2006 only 295,618.
b Total for prior years: 20
- , 20
- , 20
- 0.
3 Excessd1stnbut1ons
carryover1fany,to 2007
a From 2002
b From 2003
c From 2004
d From 2005
e From 2006
f Total of lines 3a through e .. 0.
4 Qualifying d1stnbut1ons for 2007 from Part
XII, line 4. ... $ 325,050 .
a Applied to 2006, but not more than line 2a 295,618.
b AJt1ed to und1stnbuted income of pnor years
( lect1on required - see 1nstruct1ons) . 0.
c Treated as d1stnbut1ons out of corpus
(Election required - see instructions) 0.
d Applied to 2007 d1stnbutable amount 29,432.
e Remaining amount d1stnbuted out of corpus 0.
5 Excessd1stnbutIonscarryoverappliedto 2007 0. 0.
(If an amount appears ,n column (d), the
same amount must be shown ,n column (a).)

6 Enter the net total of each column as

indicated below:
a CorpusAdd Imes31,4c, and 4e. Subtractline 5 0.
b Pnor &ears' undistributed income. Subtract
line 4 from line 2b 0.
c Enter the amount of pnor years' und1stnbut-
ed income for which a notice of def1c1ency
has been issued, or on which the section
4942(a) tax has been previously assessed 0.
d Subtract line 6c from line 6b. Taxable
amount - see instructions 0.
-
e Undistributedincomefor 2006 Subtractline 4a from
line 2a Taxableamount- seeInstrucllons 0.
f Und1stnbuted income for 2007. Subtract lines
4d and 5 from line 1. This amount must be
d1stnbuted In 2008 379,589.
7 Amounts treated as d1stnbut1ons out of
corpus to satisfy requirements imposed
by section 170(b~(l)(F) or 4942(g)(3)
(see 1nstruct1ons 0.
8 Excess d1stnbutIons carr over from 2002 not
applied on line 5 or line 1
(see 1nstruct1ons) 0.
9 Excess distributions carryover to 2008.
Subtract lines 7 and 8 from line 6a 0.
10 Analysis of line 9.
a Excess from 2003
b Excess from 2004
c Excess from 2005
d Excess from 2006
e Excess from 2007
BAA Form 990-PF (2007)

TEEA0309L 07/30/07
Form 990-PF (2007) THEMILSTEINFAMILYFOUNDATION 95-4824595 Paoe 10
IPart X!V I 'Private OperatinQ Foundations (see instructions and Part VII-A, question 9) N/A
1a I! the foundation has received a ruling or determ1nat1on letter that ,t Is a private operating foundation, and the ruling
Is effective for 2007, enter the dale of the ruling .. . ..
b Check box to 1nd1catewhether the foundation Is a private operating foundation described in section n 4942(1)(3) or I 4942u)(5)
2a Enter the lesser of the adjusted net Tax year Prior 3 years
income from Part I or the minimum
investment return from Part X for (a) 2007 (b) 2006 (c) 2005 (d) 2004 (e) Total
each year listed
b 85% of line 2a
c Qualifying d1stribul1ons from Part XII,
line 4 for each year listed
d Amountsincludedin line 2c not useddirectly
for activeconductof exemptactIv1t1es
e Qualifying d1stribul1ons made directly
for active conduct of exempt activ1!1es.
Subtract line 2d from line 2c
3 Complete 3a, b, or c for the
alternative lest relied upon.
a 'Assets' alternative lest - enter.
(1) Value of all assets
(2) Value of assets qualifying under
section 4942(J)(3)(8)(1)
b 'Endowment' alternativetest- enter2/3 of
minimuminvestment returnshownin PartX,
line 6 for eachyearlisted
c 'Support' alternative test - enter:
(1) Total support other than gross
investment income (interest,
d1v1dends,rents, pa~ments
on securities loans section
512(a)(5)), or royalties)

(2) Supportfrom generalpublicand5 or

moreexemptorganizations as provided
In section4942(1)(3)(8)(111)
(3) Largest amount of support from
an exempt organization
(4) Gross investment income
IPart XV l Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year - see instructions.)
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 1fthey 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 ~ IBJ
1f the foundation only makes contributions to preselected charitable organizations and does not accept unsolicited
requests for funds. If the foundation makes gifts, grants, etc, (see instructions) to 1nd1v1dualsor organizations under other cond1t1ons,
complete ,terns 2a, b, c, and d
a The name, address, and telephone number of the person to whom applications should be addressed.

b The form In which applications should be submitted and 1nformal1on and materials they should include.

c Any subm1ssIon deadlines

d Any restrictions or lim1tat1ons on awards, such as by geographical areas, charitable fields, kinds of 1nst1tul1ons,or other factors.

BAA TEEA0310L 07/31107 Form 990-PF (2007)

,
'
Form 990-PF (2007 95-4824595 Pa e 11
PartXV. su
3 Grants an d Contributions Paid During the Year or Annroved for Future Pavment
If rec1p1ent
1san md1v1dual,
Rec1p1ent to Foundation
showarz relat1onsh1p Purpose of Jrant or
anyfoun alienmanager or status of contribu 10n Amount
Name and address (home or business) contributor rec1p1ent
substantial
a Paid during the year
See Statement 5

Total ... 3a 324,000 .

b Approved for future payment

Total ... 3b
BAA TEEA0501L 07/26/07 Form 990-PF (2007)
 --------

F~rm'990-PF (2007) THE MILSTEIN FAMILY FOUNDATION 95-4824595 Page 12

IPart:XVl-A I-Analysis of Income-Producing Activities

Enler_gross amounts unless otherwise 1nd1cated. Unrelated business income Excludedby section512,513,or 514
(a) (b) (c) (d) (e)
Business Amount Exclu- Amount Related or exempt
code s10n function income
1 Program service revenue: code (see the 1nslrucl1ons)
a
b
C

d
e
f
g Fees and contracts from government agencies.
2 Membership dues and assessments
3 Intereston savingsandtemporarycashinvestments 8,100.
4 D1v1dendsand interest from securities 722,494.
5 Net rental income or (loss) from real estate:
a Debi-financed property
b Not debt-financed property
6 Net rentalincomeor (loss)from personalproperty
7 Other investment income
8 Gainor (loss)from salesof assetsotherthan inventory
9 Net income or (loss) from special events
10 Gross profit or (loss) from sales of inventory
11 Other revenue:
a
b
C

d
e
12 Subtotal. Add columns (b), (d), and (e) 730,594.
13 Total. Add line 12, columns (b), (d), and (e) 13 730,594.
(See worksheet In the 1nslructIons for line 13 to verify calculations )

!Part:XVl-B IRelationship of Activities to the Accomplishment of Exempt Purposes

Line No. Explain below how each actIv1ty for which income Is reported In column (e) of Part XVI-A contributed importantly lo the
accomplishment of the foundation's exempt purposes (other than by prov1d1ngfunds for such purposes). (See the 1nstruct1ons)

N/A '

BAA TEEA0502L 07/26/07 Form 990-PF (2007)

 \
Form 990-PF (2007 THE MILSTEIN FAMILYFOUNDATION 95-4824595 Pa e 13
Part XVU 'Information Regarding Transfers To and Transactions and Relationships With Noncharitable
Exempt Organizations
Yes No
1 Did the organization directly or indirectly engage 1nany of the following with any other organization
described 1nsection 501 (c) of the Code (other than section 501 (c)(3) organizations) or 1nsection 527,
relating lo political organizations?
a Transfers from the reporting foundation to a noncharilable exempt organization of.
(1) Cash 1 a (1) X
(2) Other assets 1 a (2) X
b Other transactions
(1) Sales of assets to a noncharitable exempt organization 1 b (1) X
(2) Purchases of assets from a noncharitable exempt organization 1 b (2) X
(3) Rental of fac11it1es,equipment, or other assets 1 b (3) X
(4) Reimbursement arrangements 1 b (4) X
(5) Loans or loan guarantees 1 b (5) X
(6) Performance of services or membership or fundra1s1ngsol1c1tat1ons 1 b (6) X
c Sharing of fac11il1es,equipment, ma1l1nglists, other assets, or paid employees le X
d If the answer lo any of the above 1s'Yes,' complete the following schedule. Column (b) should always show the fair market value of
the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value 1n
any transaction or sharing arrangement, show 1ncolumn (d} the value of the goods, other assets, or services received.
(a) Lineno. (b) Amountinvolved (c) Nameof noncharitable
exemptorgan1zat1on (d) Description
of transfers,transactions,
andsharingarrangements
N/A

2a Is the foundation directly or 1nd1rectlyaffiliated with, or related to, one or more tax-exempt organizations
described 1nsection 501 (c) of the Code (other than section 501 (c)(3)) or 1nsection 527? QYes ~No
b If 'Yes,' complete the following schedule
(a) Name of organization (b) Type of organization (c) Description of relat1onsh1p
N/A

Under penal of perJury I declare that I have exar;i~~:~~;n, including accompanying schedules and statements, and to the best of my knowledge and belief, 1tIs true, correct, and
complet eclarat1on o/ preparer (other than ta~c1ary) Is based on all information of which preparer has any knowledge

s
~
~ '6.'---
Signature of officer or trustee ~ I'
...~ --. ~~ ""0'\ ~ He~:
,~ kwt
'
N
Date Preparer's SSN or PTIN
Preparer's Check 11 (See Signature In the 1nstrs)
~ Paid self
R Pre-
signature
employed ~ I P00369353
E parer's Firm's name (or Barak, Richter & Dror, CPAs EIN 95-4809947
Use yours 1f self ~
Only :giJ;~l;,~nd Los5967 West Third Street, #102
ZIP code Angeles, CA 90036 Phone no ., (323) 933-9306
BAA Form 990-PF (2007)

TEEA0503L 07/27/07
 Schedule B 0MB No 1545 0047
(Form 990, 990-EZ,
or 990-PF) Schedule of Contributors
Department of the Treasury
Internal Revenue Service
Supplementary Information for
line 1 of Form 990, 990-EZ and 990-PF (see instructions)
2007
Name of organ,zat,on Employer 1denbhcat1on number

THEMILSTEINFAMILYFOUNDATION 95-4824595
Organization type (check one):
Filers of: Section:
Farm 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(l) nonexempt charitable trust not treated as a private foundation
527 political organization

Form 990-PF 501 (c)(3) exempt private foundation

4947(a)(l) nonexempt charitable trust treated as a private foundation
~ 501(c)(3) taxable private foundation

Check 1fyour organization Is covered by the General Rule or a Special Rule. (Note: Only a section 501(c)(l), (8), or (10) organization can check
boxes for both the General Rule and a Special Rule - see instructions )

General Rule -
IBJ
For organizations filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or property) from any one
contributor. (Complete Parts I and II.)

Special Rules -
DFor a section 501(c)(3) organization filing Form 990, or Form 990-EZ, that met the 33-1/3% support test of the regulations under sections
509(a)(l)/170(b)(l)(A)(v1) and received from any one contributor, during the year, a contribution of the greater of $5,000 or 2% of the
amount on line 1 of these forms. (Complete Parts I and II)
DFor a section 501(c)(7), (8), or (10) organization filing Form 990, or Form 990-EZ, that received from any one contributor, during the year,
aggregate contributions or bequests of more than $1,000 for use exclusively for religious, charitable, sc1ent1f1c,literary, or educational
purposes, or the prevention of cruelty to children or animals. (Complete Parts I, II, and Ill.)
OFor a section 50l(c)(7), (8), or (10) organization f1l1ngForm 990, or Form 990-EZ, that received from any one contributor, during the year,
some contributions for use exclusively for religious, charitable, etc, purposes, but these contributions did not aggregate to more than
$1,000. (If this box Is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable,
etc, purpose. Do not complete any of the Parts unless the General Rule applies to this organization because 1treceived nonexclus1vely
rellg1ous, charitable, etc, contributions of $5,000 or more during the year.) ~ $ ________ _

Caution: Orgamzat,ons that are not covered by the General Rule and/or the Special Rules do not file Schedule B (Form 990, 990-EZ, or
990-PF) but they must check the box ,n the heading of their Form 990, Form 990-EZ, or on /me 2 of their Form 990-PF, to certify that they do
not meet the ft/mg reqwrements of Schedule B (Form 990, 990-EZ, or 990-PF)
BAA For Paperwork Reduction Act Notice, see the Instructions Schedule B (Form 990, 990-EZ, or 990-PF) (2007)
for Form 990, Form 990-EZ, and Form 990-PF.

TEEA0701L 07/31/07
 ~

Schedule B (Form 990, 990-EZ, or 990-PF (2007 Pa e 1 of 1 of Part I

Name of organ,2at1on Employer 1denl1f1callon number

THE MILSTEINFAMILYFOUNDATION 95-4824595

IPart l i Contributors (See Spec1f1cInstructions)
(a) (b) (c) (d)
Number Name, address, and ZIP + 4 Aggregate Type of contribution
contributions

--1 TUVIA& GILA MILSTEIN

~-------------------------------------
16027 VENTURA BLVD
-------------------------------------- $--- 1,700,000.
Person
Payroll
Noncash

(Complete Part II 1fthere
_ENCINO,CA_91436,_________________________ 1sa noncash contnbut1on )

(a) (b) (c) (d)

Number Name, address, and ZIP + 4 Aggregate Type of contribution
contributions

J,1ERAV
MILSTEIN
___________________________
--2
16027 VENTURA
BLVD
-------------------------------------- $_____ 120,000.
Person
Payroll
Noncash

(Complete Part 111f there
J:NCINO, CA_91436,_________________________ 1s a noncash contnbut1on )

(a) (b) (c) (d)

Number Name, address, and ZIP + 4 Aggregate Type of contribution
contributions

--3 LYRONMILSTEIN
~-------------------------------------
16027 VENTURA
BLVD
-------------------------------------- $_____ 120,000.
Person
Payroll
Noncash

(Complete Part II 1fthere
~ENCINO,CA_91436,_________________________ 1s a noncash contnbut1on.)

(a) (b) (c) (d)

Number Name, address, and ZIP + 4 Aggregate Type of contribution
contributions

--4 NATALIEMILSTEIN
--------------------------------------
16027 VENTURA BLVD
-------------------------------------- $_____ 120,000.
Person
Payroll
Noncash

(Complete Part II 1f there
~ENCINO,CA_91436,_________________________ 1s a noncash contnbut1on )

(a) (b) (c) (d)

Number Name, address, and ZIP + 4 Aggregate Type of contribution
contributions

-- --------------------------------------
-------------------------------------- $
-----------
Person
Payroll
Noncash

(Complete Part II 1f there
1sa noncash contnbut1on )
--------------------------------------
(a) (b) (c) (d)
Number Name, address, and ZIP+ 4 Aggregate Type of contribution
contributions

-- --------------------------------------
-------------------------------------- $
-----------
Person
Payroll
Noncash

(Complete Part II 1fthere
1s a noncash contnbullon.)
~-------------------------------------
BAA TEEA0702L 07/31/07 Schedule B (Form 990, 990-EZ, or 990-PF) (2007)
 ~

, Schedule B (Form 990, 990-EZ, or 990-PF (2007 Pa e 1 of 1 of Part II

Name of orgam1allon Employer 1dent1focat1onnumber

THE MILSTEINFAMILYFOUNDATION 95-4824595

!Part H j Noncash Property (See Spec1f1cInstructions.)
(a) (b) (c) (d)
No. from Description of noncash property given FMV (or estimate) Date received
Part I (see instructions)

N/A
~----------------------------------------

~---------------------------------------- $___________________ _

(a) (b) (c) (d)

No. from Description of noncash property given FMV (or estimate) Date received
Part I (see instructions)

~----------------------------------------

~---------------------------------------- $

(a) (b) (c) (d)

No. from Description of noncash property given FMV (or estimate) Date received
Part I (see instructions)

~----------------------------------------

-----------------------------------------
$

(a) (b) (c) (d)

No. from Description of noncash property given FMV (or estimate) Date received
Part I (see instructions)

-----------------------------------------
----------------------------------------- $
----------------------------------------- --------------------
(a) (b) (c) (d)
No. from Description of noncash property given FMV (or estimate) Date received
Part I (see instructions)

~----------------------------------------
$ ___________________ _

(a) (b) (c) (d)

No. from Description of noncash property given FMV (or estimate) Date received
Part I (see instructions)

~----------------------------------------
~---------------------------------------- $
~---------------------------------------- --------------------
BAA Schedule B (Form 990, 990-EZ, or 990-PF) (2007)

TEEA0703L 08101107
 ~
Schedule B (Form 990, 990-EZ, or 990-PF (2007 Pa e 1 of 1 of Part Ill
Name of organ,zabon Employer 1denbl1cal1onnumber

THE MILSTEINFAMILYFOUNDATION 95-4824595

Part JU Exclusively religious, charitable, etc, individual contributions to section 501 (c)(7), (8), or (1 O)
organizations aggregating more than $1,000 for the year.(Complete cols (a) through (e) and the following line entry)
For organizations completing Part 111,enter total of exc/us,ve/y rehg1ous, charitable, etc,
contnbut1ons of $1,000 or less for the year. (Enter this 1nformat1ononce - see instructions.) ~s N/A
(a) (b) (c) (d)
No. from Purpose of gift Use of gift Description of how gift is held
Part I
N/A
~---------------------------------------- --------------------
------------------------------------------ --------------------
~---------------------------------------- --------------------
(e)
Transfer of gift
Transferee's name, address, and ZIP + 4 Relationship of transferor to transferee

~----------------------------------~---------------------------
~-------------------------------------------------------------
---------------------------------------------------------------
(a) (b) (c) (d)
No. from Purpose of gift Use of gift Description of how gift is held
Part I

~----------------------------------------

(e)
Transfer of gift
Transferee's name, address, and ZIP + 4 Relationship of transferor to transferee

~----------------------------------~---------------------------
~----------------------------------~---------------------------
~----------------------------------~---------------------------
(a) (b) (c) (d)
No. from Purpose of gift Use of gift Description of how gift is held
Part I
________________________________________
.___ _
1-------------------------------------------

(e)
Transfer of gift
Transferee's name, address, and ZIP + 4 Relationship of transferor to transferee

~----------------------------------~--------------------------
~----------------------------------~---------------------------
(a) (b) (c) (d)
No. from Purpose of gift Use of gift Description of how gift is held
Part I

~------------------ ---------------------
.___________________________________________
---------------------
---------------------
~---------------------------------------- ---------------------
(e)
Transfer of gift
Transferee's name, address, and ZIP + 4 Relationship of transferor to transferee

1------------------------------------~---------------------------
BAA Schedule B (Form 990, 990-EZ, or 990-PF) (2007)
TEEA0704L 08/01/07
-
2007 Federal Statements Page 1
THE MILSTEIN FAMILY FOUNDATION 95-4824595

Statement 1
Form 990-PF, Part I, Line 16b
Accounting Fees

(a) (b) Net (c) (d)

Expenses Investment Adjusted Charitable
:ger Books In!;;ome Net Income Pur:goses
ACCOUNTING $ 1,800. $ 900. $ 900.
Total $ 1,800. $ 900. $ 0. $ 900.

Statement 2
Form 990-PF, Part I, Line 18
Taxes

(a) (b) Net (c) (d)

Expenses Investment Adjusted Charitable
:ger Books Income Net Income Pur:goses
FEDERALEXCISE. $ 10,630. $ 10,630.
Total $ 10,630. $ 10,630. $ 0. $ 0.

Statement 3
Form 990-PF, Part I, Line 23
Other Expenses

(a) (b) Net (c) (d)

Expenses Investment Adjusted Charitable
:ger BQoks Income Net Income Pur:goses
MISCELLANEOUS $ 150. $ 150.
Total $ 150. $ 0. $ 0. $ 150.

Statement 4
Form 990-PF, Part VII-A, Line 10
Substantial Contributors During the Tax Year

Name of Substantial Contributor Address of Substantial Contributor

SEE SCHEDULE
B
2007 Federal Statements Page 2
THE MILSTEIN FAMILY FOUNDATION 95-4824595

Statement 5
Form 990-PF, Part XV, Line 3a
Recipient Paid During the Year

Found-
Donee ation Purpose of
Name and Address Relationshig Status Grant Amount
MESIVTAOF GREATER LOS NOTAN GENERAL USE $ 5,000.
ANGELES- INDIVIDUAL
LOS ANGELES,CA,
JEWISHHEALTHCARE NOTAN
FOUNDATION GENERAL
USE 5,000.
LOS ANGELES,CA, INDIVIDUAL
CHILDRENS
HOSPITALOF LA NOTAN GENERAL
USE 1,000.
LOS ANGELES,CA, INDIVIDUAL
HOMESAFE NOTAN GENERAL
USE 3,000.
LOS ANGELESCA,
I INDIVIDUAL
P.S. ARTS NOTAN GENERAL
USE 2,000.
LOS ANGELES,CA, INDIVIDUAL
STANDWITHUS NOTAN GENERAL
USE 25,000.
LOS ANGELES,CA, INDIVIDUAL
OHRELIYAHUACADEMY NOTAN GENERAL
USE 10,000.
CULVERCITY, CA, INDIVIDUAL
ANSHIECHAYIL NOTAN GENERAL
USE 25,000.
LOS ANGELES I INDIVIDUAL
CHABADISRAELHOUSE NOTAN GENERAL
USE 50,000.
LOS ANGELES,CA, INDIVIDUAL
PEYLIMLEV L'ACHIM NOTAN GENERAL
USE 18,000.
LOS ANGELES,CA, INDIVIDUAL
AISH HA TORAH NOTAN GENERAL
USE 60,000.
LOS ANGELES,CA, INDIVIDUAL
ASHREINUJEWISHEDUCATION NOTAN GENERAL
USE 20,000.
NETW INDIVIDUAL
LOS ANGELES,CA,
CHABAD
OF STANFORD NOTAN GENERAL
USE 12,000.
PALOALTO, CA, INDIVIDUAL
ONEFAMILY NOTAN GENERAL
USE 11,000.
LOS ANGELES,CA, INDIVIDUAL
HASBARAFELLOWSHIP NOTAN GENERAL
USE 10,000.
LOS ANGELES,CA, INDIVIDUAL
GESHERFOUNDATION NOTAN GENERAL
USE 1,000.
NY,NY, INDIVIDUAL
PUPS FOR PEACE NOTAN GENERAL
USE 1,000.
SEATTLE,WA, INDIVIDUAL
2007 Federal Statements Page 3
THE MILSTEIN FAMILY FOUNDATION 95-4824595

Statement 5 (continued)
Form 990-PF, Part XV, Line 3a
Recipient Paid During the Year

Found-
Donee ation Purpose of
Name and Address Relationshi:g Status Grant Amount
CATHOLICRELIEF NOTAN GENERAL USE $ 5,000.
LOS ANGELES,CA, INDIVIDUAL
JEWISHFEDERATION
OF O C NOTAN GENERAL
USE 10,000.
I INDIVIDUAL
AMERICAN
ISRAELEDUCATION NOTAN GENERAL
USE 50,000.
FND INDIVIDUAL
WASHINGTON,
DC,
Total $ 324,000.

.
 ~-
..-- II I II
080930 280
UNION!!-ANC11'.'VESTMF.NT
PO BOX ~13100
008034699
SER\lCES
C 1
Account Number: 0BP-003930 UnionBanc
LOS A'\JGEIES, CA '10051-1100 INVESTMENTSERVICES

THl MILSTEIN FAMILY FOUNDATION SR FINANCIALADVlSOR FOR QUESTIONS OR UP-TO-DATEACCOUNT INFOR..'v1ATION

16027 VENTURA BLVD STE 550 CYNTHIA HIGGINS Local 2 l 3 236 7606
fNCINO CA 91436 RR# 142 In-Sr.re 800 634 l I 00
N~uon.1l 800 634 I LOO

Statement Date: 09/01/08 to 09/30/08 Portfolio Value

TOTAL PORTFOLIO Im thousands of dollars)

SNAPSHOT $5,913,994.36
PORTFOLIOVALUE till Piart~ / l'ri!lr'*riod /
Cash ,Uldush Equiv-.Jems $64,sst 2sV $58,540 85 V
Accrued Imerest $5,403 82 $7,211 51
Securmes $5,844,039 29 $6,104,679 63
TOTAL PORTFOLIO VALUE $5,913,994.36 $6,170,431.99
December2007 0 June 200A
Iii March 2008 This Period

A portfolio value less than $100 00 may not be displayed

ACCOUNTAC11VJTV 'this Pilm>d Yfft',Tc,..0.

Net Tr.1dmg ($24,130 88) ($153,540 74)

Net Core Fund Act1V1ty ( $6,010 40) $227.754 74
Ner Addmons .1ndWnhdr.iw.Js $000 ( $270,345 65)
Ner Income and Expenses $30,141 28 $196,131 65

.EGEND
~lunl,,'"' 1n p-'l~ndirm
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3ge 1 ,:A 19 UNlONRANC INVESTMENT SERVICES Account earned w1rhNmon.u Fmmc1.i.l)erv1cesUC, Member NYSE, SIPC
30930 280 008034699
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Primary Account: 210-04085

TOTAL ~~E~~!LL'
THE MILSTEIN FAMILY FOUNDATION
16027 VENTURABLVD STE 550 II YOURMERRILLLYNCHREPORT August 30. 2008 - September 30. 2ocg
ENCINOCA 91436-2796

PORTFOLIO
SUMMARY
September 30 August 29 Month Change
Net Portfollo Value $1,117,420.22 $1,117,511.85 ($91.63)
Your assets $1,117.420.22 $1,117,511.85 ($91.63\
Your llab1llt1es
Need Investment Guidance?
CallYour Flnanclal Advisor Your Net Cash Flow (Inflows/Outflows)
Securities You Transferred In/Out
Subtotal Net Contributions
Your ~lnanclal Advisor: Your D1v1dends/lnterest Income $4.04 $3.45
AUBREYSHARFMAN Your Market Change ($95.67) ($15.402.25)
9560 WILSHIREBLVD 3RD FLR Subtotal Investment Earnings ($91.63) ($15,398.80)
BEVERLYHILLS CA 90212
AUBREY_SHARFMAN@mlcom
(E:',00)759-6066
Net Portfolio Value (In mllllons), 2007-2008

_L
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--...,.._. 1.06
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I 107'
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'lo"fW_tOa
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1.12, ~16
__ 1

If you have questions on your statement,

call 24Mour Assistance:
(800) MERRILL
(800) 637-7455
12/07 1/08 2/08 3/08 4/08 5/08 6/08 7/08 8/08 9/08
U1>to-dateaccount information can be viewed
at www_.mlol.ml.com,where your statements
are archived for three or more years.

Questions about MLOL? Click the 'help' tab at - ~- - - - -- -- ----

the too of the screen once you log in.
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With the ongoing global market volatility, it's important that you talk with
your Financial Advisor. who will weigh your goals and risk tolerance and use
Merrill Lynch's broad expertise to help you pos1t1onyour portfolio for success.
+

007 3306 00GB997 00665 ! 1 nf6

 HSBC 10/6/2008 6:00 PM PAGE 2/0C,?. Fax Server

HSBC Bank USA, N.A

HSBC~ HSBC Alternative Fund Services
330 Madison Ave, 5th Floor
New York, N.Y. 10017
Telephone: (212) 747-9300
Fa.scumle.(212) 747-9393

Statement of Activity
The M191:elnFamily FoundatiCll"I Statement Period : Sep/01/2008
16027 Ventura llvd #550 lhrouah : Sep/30/2008
Endno Fund Stri ID :NYBGOHR.01
CA Halder ID : 03261501
91438 Account ID : 07953246
USA
Adan Mlaen FAXNumbe- : 18189958092
0,rrency : United States Dalcr

Bernstein Global Opportunities Hedge Fund Ud.

SUMMARY OF ACT1VITY
Net Aaset No. fl Units Bala,ce
c.ontract Gro9s c.ommiaiCll"I Net Value Subscribed / of
Date Daaiption Numb Conlideration /Fas /Ta Conlideration Per Unit Redeemed Units
Bernlteln Global Opportunitl HedOeFund Ud. Cass A - Initial Serl USD

Account: Tlle Mlsten Farn,/yFOJndatun

Sep/01/2008 Q>eungBalaice 161.417465 3,286.494
There was no tra,sacba, ,n this penod.
Sep/30/2008 Cosing Balaice 3,286.494
NAY as of Sef,/30/ 2008: USD 123.913993
Account Value: USD 407,242.53

Sep/30/2008 Total Closing Balancie USD 407,242.53

For more lrtormatta, or any inquiries, please contact Leshanna Qeen

Tel: 16462536954 Fax: 14412996525 E-mail: leshanna.p.green@us.hsbc.com

..
Pc19t! l ot 1
 ..
HSBC Bank USA, N.A
HSBC~ HSBC Alternative Fund Services
330 Madison Ave, 5th F1oor
New York, N.Y. 10017
Telephone: (212) 747-9300
Faxumle: (212) 747-9393

The Milll:ein Family Foundaticn statement Period : Sep/01/2008

16027 Ventura llvd #550 lhrouVh : Sep/30/2008
Endno Fund Serles ID : SFALBGDUSDBOl
CA Hader ID : 03261501
61438 Accaunt ID :07954'6
USA
AdamMllltert FAXP*,mb : 18189958092
/ O.rrency : United States Ddlil'

Bernstein Global Diversified Strategies Hedge Fund B

SUMMARY OF ACTIVITY
Net Asset No. al Unit Balatce
Contract Groa c:ommiulcn Net Value Subscribed/ of
Date Deaaiptlon Numb c.arulide-atlon /Feea /Ta Consideration .,_Unit Redeemed Unlta
Alllance&emstein GI Divenifled strategies (USD Ma1aged) Hedge Fund 8 - O l - Initial USD
Seri
Accwnt: The /11/stwnFar111/y
Fa.mdaticn
Sep/01/2008 Q:usung Bala,ce 73.417040 5,000.000
There was no traisactJooin this penod.
Sep/30/2008 C09ng Balaice 5,000.000
NAY a of Sep/30/2008: USD 84.177878
Aca,unt Value: USD 3:Z0,889.38

Sep/30/2008 Total Closing Balance USD 320,889.38

For more lrtormatlon or any lnquirl'es, please contact LeshannaGreen

Tet: 16462536954Fax: 14412996525 E-mail: leshanna.p.green@us.hsbc.com

Page 1 d l
 ., '
__.--
www.bernstein.com
SANFORD C. BERNSTEIN & Co., LLC
A t-ub,.1d1ry of Allkln<.P8e,n~te1n L P

AccountNo. PeriodEnding LastStatement

888-24151 09/30/2008 08/29/2008

Comprisedof the followingsub-accounts:

0407 32 3 AV /04 LA03 04 960 4 05483 7 038-22217 038-22433

THEMILSMN FAMILYFOUNDATION BernsteinAdvisor: Bnan Halooss1m (310) 286-6022

ADAM
MILSMN,PRESIDENT AdwsorAssoclate(s): varun Sabhlok (310) 286-6064
16027VENTURABLVD.#550 Stephen Mazepa (310) 286-6063
ENaNoCA 91436-2798 RyanBnzendine (310) 286-6082
11.1
.....11.1
11111
....1.11
...11.1
...11
....1.1.1.1
11
..1 FaaNumbor. (310) 286-6053

MEMBER,NEWYORKSTOCKEXCHANGE,
INC.

ACCOUNT
SUMMARY OpeningBalance % ClosingBalance %
Cash 3,357 07 5,044 12
US StrategicValue 86,831 183 75,731 18 4
US StrategicGrowth 289,901 61 1 251,990 61 1
lnternalJonalPortfolio 94,351 19 9 79.436 19 3
TotalAccountValue 474,440 100.0 412,201 100.0

INCOME
SUMMARY CurrentMonth YearToDate
CreditInterest 7 67
EquityD1v1dends 544 4,390
TotalIncome 551 4,457

PORTFOLIO
SUMMARY
QuanUty DescripUon Prfce Mar1'etValue EstimatedAnnualIncome
Rate Amount

Cash
ClosingCash Balance 5,044 092% 46

U.S.Equity
USStrategicValue
20 ALCOAINC 22 580 452 $0 68 14
50 AWED WASTEINDUSTRIESINC 11 110 556 $0 00 0
45 ALLSTATE
CORP 46.120 2,075 $1 64 74
51 ALTRIA
GROUPINC 19 840 1,012 $1 28 65
105 AMERICANINTERNATIONAL
GROUP 3 330 350 $000 0
20 AMERISOURCEBERGENCORP 37 650 753 $030 6
7 AMGENINC 59 270 415 $0 00 0
.I
20
12
APACHECORP
ARCELORMITIAL
SA LUXEMBOURG
104 280
49 380
2,086
593
$0 60
$128
12
15
' 11 ASHLANDINC 29 240 322 $1 10 12
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,--
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BERNSTEIN p.,.,., 1 nf 1 <:I.
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