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        <CapitalGainNetIncomeAmt>11085579</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>212281</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>212281</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>212281</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>247950</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>0</ExtsnRequestIncomeTaxPaidAmt>
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        <TotalPaymentsAndCreditsAmt>212281</TotalPaymentsAndCreditsAmt>
        <OriginalReturnOverpaymentAmt>-35669</OriginalReturnOverpaymentAmt>
        <EsPenaltyAmt>0</EsPenaltyAmt>
        <TaxDueAmt>0</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
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        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
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        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>DE</OrgReportOrRegisterStateCd>
        <OrgReportOrRegisterStateCd>CA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
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        <NewSubstantialContributorsInd referenceDocumentId="RetDoc2089200001">1</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>HTTPS://WWW.HOVNANIANFOUNDATION.ORG</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>THE FOUNDATION</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>7329226100</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
          <CityNm>TINTON FALLS</CityNm>
          <StateAbbreviationCd>NJ</StateAbbreviationCd>
          <ZIPCd>07753</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>1</ForeignAccountsQuestionInd>
        <ForeignCountryCd>AM</ForeignCountryCd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>1</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>0</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>1</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>1</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
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        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>HIRAIR HOVNANIAN DECEASED 42022</PersonNm>
          <USAddress>
            <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
            <CityNm>TINTON FALLS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07753</ZIPCd>
          </USAddress>
          <TitleTxt>CHAIRMAN</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>EDELE HOVNANIAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
            <CityNm>TINTON FALLS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07753</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>22.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>156231</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GORR SAHAKIAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
            <CityNm>TINTON FALLS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07753</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDENT/SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>12000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SIRAN SAHAKIAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
            <CityNm>TINTON FALLS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07753</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>12000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ARMEN HOVNANIAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
            <CityNm>TINTON FALLS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07753</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>12000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>HAIK SAHAKIAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
            <CityNm>TINTON FALLS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07753</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>12000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>LEELA HOVNANIAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
            <CityNm>TINTON FALLS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07753</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>12000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SHANT SAHAKIAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
            <CityNm>TINTON FALLS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07753</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>12000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>TANYA HOVNANIAN BAGHDASARIAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
            <CityNm>TINTON FALLS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07753</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>12000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>TENY SAHAKIAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
            <CityNm>TINTON FALLS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07753</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>12000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>LINDA YEPOYAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>20 ROSEDALE ROAD</AddressLine1Txt>
            <CityNm>WYNNEWOOD</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19096</ZIPCd>
          </USAddress>
          <TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>20.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>172487</CompensationAmt>
          <EmployeeBenefitsAmt>0</EmployeeBenefitsAmt>
          <ExpenseAccountAmt>0</ExpenseAccountAmt>
        </CompensationHighestPaidEmplGrp>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>GOLDMAN SACHS</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>200 WEST STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10282</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT ADVISORY</ServiceTypeTxt>
          <CompensationAmt>432106</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>MERRILL LYNCH</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1500 AMERICAN BLVD</AddressLine1Txt>
            <CityNm>PENNINGTON</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08534</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT ADVISORY</ServiceTypeTxt>
          <CompensationAmt>313955</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>ARES SDL FUND</BusinessNameLine1Txt>
          </BusinessName>
          <ForeignAddress>
            <AddressLine1Txt>PO BOX 309</AddressLine1Txt>
            <CityNm>GRAND CAYMAN</CityNm>
            <CountryCd>CJ</CountryCd>
            <ForeignPostalCd>E9</ForeignPostalCd>
          </ForeignAddress>
          <ServiceTypeTxt>INVESTMENT ADVISORY</ServiceTypeTxt>
          <CompensationAmt>282416</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>US TRUST</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>114 WEST 47TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10036</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT ADVISORY</ServiceTypeTxt>
          <CompensationAmt>91247</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>117162434</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>11009037</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>39467651</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>167639122</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>167639122</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>2514587</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>165124535</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>8256227</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>8256227</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>212281</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>212281</TotalTaxAmt>
        <DistributableBeforeAdjAmt>8043946</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>62065</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>8106011</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>8106011</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>6363412</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>6363412</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>8106011</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>2422659</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>6363412</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>2422659</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>3940753</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>4165258</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>EDELE HOVNANIAN</ContributingManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>EDELE HOVNANIAN PRESIDENT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
            <CityNm>TINTON FALLS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07753</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>7329226100</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>PRELIMINARY APPLICATION SHOULD BE SUBMITTED ON OFFICIAL ORGANIZATION LETTERHEAD AND MUST DESCRIBE THE PURPOSE FOR WHICH FUNDS, IF GRANTED, WILL BE USED. FINANCIAL STATEMENTS FOR THE THREE(3) MOST RECENT ACCOUNTING PERIODS AND PROOF OF ORGANIZATION'S INTERNAL REVENUE SERVICE APPROVAL OF NON-TAXABLE STATUS UNDER 501(C)(3) I.R.C. MUST BE SUBMITTED. ALSO A CERTIFICATION OF ORGANIZATION OFFICER OR PROOF THAT ORGANIZATION CONTINUES TO QUALIFY UNDER SECTION 501(C)(3) OR 170(C)(2)(B) I.R.C. MUST BE SUBMITTED. A FORMAL APPLICATION MAY BE REQUIRED.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>GRANTS ARE MADE ONLY TO RECOGNIZED ORGANIZATIONS THAT ARE QUALIFIED AS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR TO GOVERNMENTS EXCLUSIVELY FOR CHARITABLE PURPOSE AS DESCRIBED IN SECTION 170(C)(2)(B) OF THE INTERNAL REVENUE CODE OF 1986 AND ITS REGULATIONS AS THEY NOW EXIST OR AS THEY MAY HEREAFTER BE AMENDED.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>180 TURNING LIVES AROUND</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1 BETHANY ROAD BLDG 3 42</AddressLine1Txt>
            <CityNm>HAZLET</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07730</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ACS IC OUR LADY OF ARMENIA CONVENT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>6 CHARENTS STREET ANI DISTRICT</AddressLine1Txt>
            <ProvinceOrStateNm>GYUMRI</ProvinceOrStateNm>
            <CountryCd>AM</CountryCd>
            <ForeignPostalCd>3126</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AFRICAN DREAM ACADEMY FOUNDATION INCORPORATED</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1617 THIRD AVENUE 28610</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10128</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AGBU</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>55 EAST 59TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AKNAGHBYUR COMMUNITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>AKNAGHBYUR VILLAGE</AddressLine1Txt>
            <ProvinceOrStateNm>YEREVAN</ProvinceOrStateNm>
            <CountryCd>AM</CountryCd>
            <ForeignPostalCd>4016</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>16166</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ALLEPO NGO</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>11 NORTHERN AVENUE FLOOR 1</AddressLine1Txt>
            <ProvinceOrStateNm>YEREVAN</ProvinceOrStateNm>
            <CountryCd>AM</CountryCd>
            <ForeignPostalCd>0028</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ALZHEIMERS CARE ARMENIA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>561 AVENIDA DEL VERDOR</AddressLine1Txt>
            <CityNm>SAN CLEMENTE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92672</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>35700</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN RED CROSS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 37839</AddressLine1Txt>
            <CityNm>BOONE</CityNm>
            <StateAbbreviationCd>IA</StateAbbreviationCd>
            <ZIPCd>50037</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ANIMAL MEDICAL CENTER FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>510 EAST 62ND STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10065</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARMENIA SME FUND</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>412F ROUTE DESCH</AddressLine1Txt>
            <ProvinceOrStateNm>LUXEMBOURG</ProvinceOrStateNm>
            <CountryCd>LU</CountryCd>
            <ForeignPostalCd>L-2086</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>247149</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BARS MEDIA CULTURAL FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>SEPUH ST 20</AddressLine1Txt>
            <ProvinceOrStateNm>YEREVAN</ProvinceOrStateNm>
            <CountryCd>AM</CountryCd>
            <ForeignPostalCd>0028</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>17903</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BERKELEY TOWNSHIP PBA #237</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX B</AddressLine1Txt>
            <CityNm>BAYVILLE</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08721</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BIRTHRIGHT ARMENIA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>333 E LANCASTER AVE 330</AddressLine1Txt>
            <CityNm>WYNNEWOOD</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19096</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>POF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>672000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BOSTON UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>881 COMMONWEALTH AVE</AddressLine1Txt>
            <CityNm>BOSTON</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02215</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BROWN UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1893</AddressLine1Txt>
            <CityNm>PROVIDENCE</CityNm>
            <StateAbbreviationCd>RI</StateAbbreviationCd>
            <ZIPCd>02912</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>75000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CAMP HAIASTAN</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX C</AddressLine1Txt>
            <CityNm>FRANKLIN</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02038</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CENTRAL PARK CONSERVANCY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>14 EAST 60TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CITY OF SMILE - USA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 12264</AddressLine1Txt>
            <CityNm>LACRESCENTA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91214</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>12500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COASTAL HABITAT FOR HUMANITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1105 MEMORIAL DRIVE</AddressLine1Txt>
            <CityNm>ASBURY PARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07712</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COMMUNITY MEDICAL CENTER FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>99 ROUTE 37 WEST PO BOX 2002</AddressLine1Txt>
            <CityNm>TOMS RIVER</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08754</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>1000000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COOPERRIIS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>101 HEALING FARM LANE</AddressLine1Txt>
            <CityNm>MILL SPRING</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28756</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DOMINICAN COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>470 WESTERN HIGHWAY</AddressLine1Txt>
            <CityNm>ORANGEBURG</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10962</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DREXEL UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 8196</AddressLine1Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19101</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ELIZABETH-LEWIS EMERGENCY SQUAD</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 443</AddressLine1Txt>
            <CityNm>ELIZABETHTOWN</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12932</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FULFILL (FOODBANK OF MONMOUTH AND OCEAN COUNTIES INC)</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3300 ROUTE 66</AddressLine1Txt>
            <CityNm>NEPTUNE</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07753</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GALACTOSEMIA FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>350 NORTHERN BLVD STE 324-1079</AddressLine1Txt>
            <CityNm>ALBANY</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12204</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GRADARAK EDUCATION AND CULTURAL NGO</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>26 14 BABAYAN STR</AddressLine1Txt>
            <ProvinceOrStateNm>YEREVAN</ProvinceOrStateNm>
            <CountryCd>AM</CountryCd>
            <ForeignPostalCd>0037</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>18000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HACKENSACK MERIDIAN HEALTH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>343 THORNALL STREET 8TH FLOOR</AddressLine1Txt>
            <CityNm>EDISON</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08837</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>1000000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>HAYK PETROSYAN</RecipientPersonNm>
          <RecipientForeignAddress>
            <AddressLine1Txt>BAGREVAND 50 HOUSE</AddressLine1Txt>
            <ProvinceOrStateNm>YEREVAN</ProvinceOrStateNm>
            <CountryCd>AM</CountryCd>
            <ForeignPostalCd>0062</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>5248</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOPE SHEDS LIGHT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>253 CHESTNUT STREET</AddressLine1Txt>
            <CityNm>TOMS RIVER</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08753</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOVNANIAN SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 236</AddressLine1Txt>
            <CityNm>HAWTHORNE</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07506</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>1000000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JRABI LLC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>1 ZANG BUILDING 76/77 APT 24</AddressLine1Txt>
            <ProvinceOrStateNm>YEREVAN</ProvinceOrStateNm>
            <CountryCd>AM</CountryCd>
            <ForeignPostalCd>0056</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>926</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>KIDS NEED MORE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 46</AddressLine1Txt>
            <CityNm>FORKED RIVER</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08731</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>KOMUNNAKHAGITS INSTITUTE LLC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>83 VARDANANTS ST BLIND ALLEY 8</AddressLine1Txt>
            <AddressLine2Txt>BUILDING 1ST FLOOR</AddressLine2Txt>
            <ProvinceOrStateNm>YEREVAN</ProvinceOrStateNm>
            <CountryCd>AM</CountryCd>
            <ForeignPostalCd>0010</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>9603</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>KOORIGS INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>RUBINYANTS 28</AddressLine1Txt>
            <ProvinceOrStateNm>YEREVAN</ProvinceOrStateNm>
            <CountryCd>AM</CountryCd>
            <ForeignPostalCd>0069</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LAFAYETTE COLLEGE STUDENT PAYMENTS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 36479</AddressLine1Txt>
            <CityNm>NEWARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07188</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MONTCLAIR STATE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1 NORMAL AVE</AddressLine1Txt>
            <CityNm>MONTCLAIR</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07043</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW JERSEY CITY UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2039 KENNEDY BLVD</AddressLine1Txt>
            <CityNm>JERSEY CITY</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07305</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW JERSEY INSTITUTE OF TECHNOLOGY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>BURSAR OFFICE/ STUDENT SERVICES</AddressLine1Txt>
            <AddressLine2Txt>MAIL UNIVERSITY HEIGHTS</AddressLine2Txt>
            <CityNm>NEWARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07102</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW VICTORY THEATRE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>229 W 42ND STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10036</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NORTHERN OCEAN HABITAT FOR HUMANITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1214 ROUTE 37 EAST</AddressLine1Txt>
            <CityNm>TOMS RIVER</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08753</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OCEAN HOUSING ALLIANCE INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>C/O PO BOX 1778</AddressLine1Txt>
            <CityNm>TOMS RIVER</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08754</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OCEANIC FREE LIBRARY ASSOCIATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>109 AVENUE OF TWO RIVERS</AddressLine1Txt>
            <CityNm>RUMSON</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07760</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OCEANS HARBOR HOUSE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>808 CONIFER STREET</AddressLine1Txt>
            <CityNm>TOMS RIVER</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08753</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PEDDIE SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>201 SOUTH MAIN STREET</AddressLine1Txt>
            <CityNm>HIGHTSTOWN</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08520</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PROGRESSIVE MEDICINE NGO</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>KAZAZNUNU 14</AddressLine1Txt>
            <ProvinceOrStateNm>YEREVAN</ProvinceOrStateNm>
            <CountryCd>AM</CountryCd>
            <ForeignPostalCd>0070</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>5792</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RAMAPO COLLEGE OF NEW JERSEY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>505 RAMAPO VALLEY ROAD</AddressLine1Txt>
            <CityNm>MAHWAY</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07430</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>REPAT ARMENIA FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>2/2 MELIK ADAMYAN STREET 5TH FLOOR</AddressLine1Txt>
            <ProvinceOrStateNm>YEREVAN</ProvinceOrStateNm>
            <CountryCd>AM</CountryCd>
            <ForeignPostalCd>0010</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>154800</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RIDER UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2083 LAWRENCEVILLE RD</AddressLine1Txt>
            <CityNm>LAWRENCEVILLE</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08648</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RIDGEWAY VOLUNTEER FIRE COMPANY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2848 RIDGEWAY ROAD</AddressLine1Txt>
            <CityNm>MANCHESTER</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08769</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RONALD MCDONALD HOUSE CENTRAL &amp; NORTH NJ</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>131 BATH AVENUE</AddressLine1Txt>
            <CityNm>LONG BRANCH</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07740</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ROWAN UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>ADMISSIONS 201 MULLICA HILL ROAD</AddressLine1Txt>
            <CityNm>GLASSBORO</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08028</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RUMSON COUNTRY DAY SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>35 BELLEVUE AVENUE</AddressLine1Txt>
            <CityNm>RUMSON</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07760</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>212493</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RUTGERS THE STATE UNIVERSITY OF NJ</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 2021</AddressLine1Txt>
            <CityNm>NEW BRUNSWICK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08903</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAVE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1010 ROUTE 60</AddressLine1Txt>
            <CityNm>SKILLMAN</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08558</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEASONS OF GIVING</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>207 OHIO AVE</AddressLine1Txt>
            <CityNm>EGG HARBOR TOWNSHIP</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08234</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SETON HALL UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>400 SOUTH ORANGE AVE</AddressLine1Txt>
            <CityNm>SOUTH ORANGE</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07079</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ST JUDES CHILDREN'S HOSPITAL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>501 ST JUDE PLACE</AddressLine1Txt>
            <CityNm>MEMPHIS</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38105</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>STEPHEN SILLER TUNNEL TO TOWER FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2361 HYLAN BOULEBARD</AddressLine1Txt>
            <CityNm>STATEN ISLAND</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10306</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>STEVENS INSTITUTE OF TECHNOLOGY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>CASTLE POINT ON HUDSON</AddressLine1Txt>
            <CityNm>HOBOKEN</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07030</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>STOCKTON UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>101 VARA KING FARRIS DRIVE</AddressLine1Txt>
            <CityNm>GALLOWAY</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08205</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SUPPORT TO JAVAKHK FUND</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>ARSHKUNYATS AVENUE 302 SHENK APT 3</AddressLine1Txt>
            <ProvinceOrStateNm>YEREVAN</ProvinceOrStateNm>
            <CountryCd>AM</CountryCd>
            <ForeignPostalCd>0023</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>30790</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>TARIEL MKRTCHYAN</RecipientPersonNm>
          <RecipientForeignAddress>
            <AddressLine1Txt>PURAKAIN ST 2ND LANE HOUSE 3</AddressLine1Txt>
            <ProvinceOrStateNm>HRAZDAN CITY</ProvinceOrStateNm>
            <CountryCd>AM</CountryCd>
            <ForeignPostalCd>2303</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>5356</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE ARC OF NEW JERSEY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>985 LIVINGSON AVE</AddressLine1Txt>
            <CityNm>NORTH BRUNSWICK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08902</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE EPISCOPAL SCHOOL IN THE CITY OF NY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>35 EAST 69TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10021</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
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        <LifeRt>39.000000000000</LifeRt>
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        <NetInvestmentIncomeAmt>882</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>CLIENT SOLUTIONS ARCHITECTS</PropertyDesc>
        <AcquiredDt>2016-09-28</AcquiredDt>
        <CostOrOtherBasisAmt>13063</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1438</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
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        <NetInvestmentIncomeAmt>335</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>EPIC HEALTH SERVICES</PropertyDesc>
        <AcquiredDt>2016-12-05</AcquiredDt>
        <CostOrOtherBasisAmt>9375</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>970</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
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        <NetInvestmentIncomeAmt>240</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>EVERBANK</PropertyDesc>
        <AcquiredDt>2016-12-05</AcquiredDt>
        <CostOrOtherBasisAmt>7742</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>804</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>199</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>199</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>BUILDING - ROOF REPLACEMENT</PropertyDesc>
        <AcquiredDt>2016-11-01</AcquiredDt>
        <CostOrOtherBasisAmt>33780</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3572</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>866</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>866</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>URZA'S TEAPOT</PropertyDesc>
        <AcquiredDt>2016-12-05</AcquiredDt>
        <CostOrOtherBasisAmt>8068</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>837</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>207</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>207</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMMUNITY MEDICAL CENTER</PropertyDesc>
        <AcquiredDt>2017-12-01</AcquiredDt>
        <CostOrOtherBasisAmt>216819</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>16909</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>5559</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>5559</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>DEPARTMENT OF LABOR</PropertyDesc>
        <AcquiredDt>2017-03-03</AcquiredDt>
        <CostOrOtherBasisAmt>45409</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4414</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
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        <NetInvestmentIncomeAmt>1164</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>VITAL AXIS</PropertyDesc>
        <AcquiredDt>2017-03-03</AcquiredDt>
        <CostOrOtherBasisAmt>44400</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4315</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>1138</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>1138</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>CLIENT SOLUTIONS ARCHITECTS "CSA" RELO</PropertyDesc>
        <AcquiredDt>2018-03-24</AcquiredDt>
        <CostOrOtherBasisAmt>70861</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5072</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>1817</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>1817</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>NOVAGRADAC &amp; COMPANY</PropertyDesc>
        <AcquiredDt>2017-11-08</AcquiredDt>
        <CostOrOtherBasisAmt>79840</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6397</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>2047</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>2047</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>BRICK PET SALON HVAC REPLACEMENT</PropertyDesc>
        <AcquiredDt>2017-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>4040</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1389</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
        <CurrentYearExpenseAmt>252</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>ROBERT HAGAN INSURANCE TI</PropertyDesc>
        <AcquiredDt>2017-03-03</AcquiredDt>
        <CostOrOtherBasisAmt>7093</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>690</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>BUILDING ROOF REPLACEMENT</PropertyDesc>
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        <CostOrOtherBasisAmt>61041</CostOrOtherBasisAmt>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>HVAC</PropertyDesc>
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        <PriorYearDepreciationAmt>7053</PriorYearDepreciationAmt>
        <ComputationMethodTxt>ADS</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>ROOF</PropertyDesc>
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        <ComputationMethodTxt>ADS</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>EV-CONSULTING LLC</PropertyDesc>
        <AcquiredDt>2017-12-01</AcquiredDt>
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        <ComputationMethodTxt>ADS</ComputationMethodTxt>
        <LifeRt>40.000000000000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>BUILDING COST</PropertyDesc>
        <AcquiredDt>2017-02-14</AcquiredDt>
        <CostOrOtherBasisAmt>3632132</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>351862</PriorYearDepreciationAmt>
        <ComputationMethodTxt>ADS</ComputationMethodTxt>
        <LifeRt>40.000000000000</LifeRt>
        <CurrentYearExpenseAmt>90803</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>LAND COST</PropertyDesc>
        <AcquiredDt>2017-02-14</AcquiredDt>
        <CostOrOtherBasisAmt>964448</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>BV BOILER</PropertyDesc>
        <AcquiredDt>2018-10-16</AcquiredDt>
        <CostOrOtherBasisAmt>112116</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>15.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>BUILDING - ROOF REPLACEMENT</PropertyDesc>
        <AcquiredDt>2018-10-01</AcquiredDt>
        <CostOrOtherBasisAmt>58800</CostOrOtherBasisAmt>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>NJ MONUMENT TI</PropertyDesc>
        <AcquiredDt>2018-10-28</AcquiredDt>
        <CostOrOtherBasisAmt>10504</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>594</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
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        <NetInvestmentIncomeAmt>269</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>SHORE KICKBOXING HVAC REPLACEMENT</PropertyDesc>
        <AcquiredDt>2018-09-12</AcquiredDt>
        <CostOrOtherBasisAmt>6195</CostOrOtherBasisAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>HIKEARMENIA BUILDING</PropertyDesc>
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        <ComputationMethodTxt>ADS</ComputationMethodTxt>
        <LifeRt>30.000000000000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>HIKEARMENIA FURNITURE</PropertyDesc>
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        <CostOrOtherBasisAmt>10894</CostOrOtherBasisAmt>
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        <ComputationMethodTxt>ADS</ComputationMethodTxt>
        <LifeRt>12.000000000000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>TARDIS - 3RD AMENDMENT IMPROVEMENTS</PropertyDesc>
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        <LifeRt>39.000000000000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>MARINER FINANCE</PropertyDesc>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
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        <PropertyDesc>FINANCIAL ALTERNATIVES (1ST AMENDMENT)</PropertyDesc>
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        <CostOrOtherBasisAmt>9841</CostOrOtherBasisAmt>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>BANCROFT NEUROHEALTH</PropertyDesc>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
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        <PropertyDesc>MORGAN STANLEY (5TH AMENDMENT)</PropertyDesc>
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      <DepreciationPropertyGrp>
        <PropertyDesc>BANCROFT NEUROHEALTH</PropertyDesc>
        <CostOrOtherBasisAmt>7717</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>COMMUNITY RESOURCES CENTER TI</PropertyDesc>
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        <ComputationMethodTxt>L</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>ANGELICA ROMAN (2ND AMENDMENT)</PropertyDesc>
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        <ComputationMethodTxt>L</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>JACKS BARBER SHOP</PropertyDesc>
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        <CostOrOtherBasisAmt>12589</CostOrOtherBasisAmt>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>DOMINO'S</PropertyDesc>
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        <CostOrOtherBasisAmt>22500</CostOrOtherBasisAmt>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>JOE'S BAGEL</PropertyDesc>
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        <CostOrOtherBasisAmt>76250</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1874</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>ST. BARNABAS</PropertyDesc>
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        <ComputationMethodTxt>L</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>AXA - 3RD AMENDMENT</PropertyDesc>
        <AcquiredDt>2020-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>51304</CostOrOtherBasisAmt>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>NEVERIMAGE STUDIO</PropertyDesc>
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        <CostOrOtherBasisAmt>16622</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>85</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>85</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>BELLCREST UPGRADES (ROOF)</PropertyDesc>
        <AcquiredDt>2021-05-01</AcquiredDt>
        <CostOrOtherBasisAmt>260176</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>4447</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>4447</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>ROOF</PropertyDesc>
        <AcquiredDt>2021-12-01</AcquiredDt>
        <CostOrOtherBasisAmt>7862</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>17</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>17</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>BUILDING</PropertyDesc>
        <AcquiredDt>2021-12-01</AcquiredDt>
        <CostOrOtherBasisAmt>10597500</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>22644</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>22644</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>LAND</PropertyDesc>
        <AcquiredDt>2021-12-01</AcquiredDt>
        <CostOrOtherBasisAmt>1177500</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>IONIZATION SYSTEM</PropertyDesc>
        <AcquiredDt>2021-04-09</AcquiredDt>
        <CostOrOtherBasisAmt>39845</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>745</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>745</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>AIR COMPRESSOR</PropertyDesc>
        <AcquiredDt>2021-06-18</AcquiredDt>
        <CostOrOtherBasisAmt>37172</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>512</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>512</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>AIR COMPRESSOR</PropertyDesc>
        <AcquiredDt>2021-06-04</AcquiredDt>
        <CostOrOtherBasisAmt>20387</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>301</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>301</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>RTU#6 REPLACEMENT</PropertyDesc>
        <AcquiredDt>2021-06-04</AcquiredDt>
        <CostOrOtherBasisAmt>49160</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>725</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>725</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>CARPET REPLACEMENT</PropertyDesc>
        <AcquiredDt>2021-11-05</AcquiredDt>
        <CostOrOtherBasisAmt>45965</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>181</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>181</NetInvestmentIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>USI - JOB C291</PropertyDesc>
        <AcquiredDt>2021-09-27</AcquiredDt>
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      <DepreciationPropertyGrp>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
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        <PropertyDesc>ROOF</PropertyDesc>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
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      <DepreciationPropertyGrp>
        <PropertyDesc>YEREVAN BUILDING - 41 TUMANIAN</PropertyDesc>
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      <DepreciationPropertyGrp>
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      <DepreciationPropertyGrp>
        <PropertyDesc>YEREVAN BUILDING - 62 HANRAPETUTYAN</PropertyDesc>
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        <Rt>0.000000000000</Rt>
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    <ExpenditureResponsibilityStmt documentId="RetDoc2118100001">
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>ACS IC OUR LADY OF ARMENIA CONVENT</BusinessNameLine1Txt>
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          <AddressLine1Txt>6 CHARENTS STREET ANI DISTRICT</AddressLine1Txt>
          <CityNm>GYUMRI</CityNm>
          <CountryCd>AM</CountryCd>
          <ForeignPostalCd>3126</ForeignPostalCd>
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        <PurposeOfGrantTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION.</PurposeOfGrantTxt>
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        <AnyDiversionByGranteeTxt>TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED.</AnyDiversionByGranteeTxt>
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        <VerificationDt>2021-06-04</VerificationDt>
        <ResultsOfVerificationTxt>THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
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          <CountryCd>AM</CountryCd>
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        <GrantDt>2021-03-02</GrantDt>
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        <ResultsOfVerificationTxt>THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.</ResultsOfVerificationTxt>
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      <ExpenditureResponsibilityGrp>
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      <ExpenditureResponsibilityGrp>
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        <GrantDt>2019-09-01</GrantDt>
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        <PurposeOfGrantTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION.</PurposeOfGrantTxt>
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        <DatesOfReportsByGranteeTxt>12/31/21, 12/31/20, 12/31/19</DatesOfReportsByGranteeTxt>
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        <ResultsOfVerificationTxt>THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.</ResultsOfVerificationTxt>
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      <ExpenditureResponsibilityGrp>
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        <GrantDt>2021-03-02</GrantDt>
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      <ExpenditureResponsibilityGrp>
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        <GrantDt>2021-06-14</GrantDt>
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      <ExpenditureResponsibilityGrp>
        <BusinessName>
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          <CountryCd>AM</CountryCd>
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        <GrantDt>2021-01-12</GrantDt>
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        <PurposeOfGrantTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION.</PurposeOfGrantTxt>
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      <ExpenditureResponsibilityGrp>
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          <BusinessNameLine1Txt>PROGRESSIVE MEDICINE NGO</BusinessNameLine1Txt>
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          <AddressLine1Txt>KAZAZNUNU 14</AddressLine1Txt>
          <CityNm>YEREVAN</CityNm>
          <CountryCd>AM</CountryCd>
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        <GrantDt>2021-04-30</GrantDt>
        <GrantAmt>5792</GrantAmt>
        <PurposeOfGrantTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION.</PurposeOfGrantTxt>
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          <BusinessNameLine1Txt>REPAT ARMENIA FOUNDATION</BusinessNameLine1Txt>
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          <ForeignPostalCd>0010</ForeignPostalCd>
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        <GrantDt>2021-01-05</GrantDt>
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        <PurposeOfGrantTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION.</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>154800</ExpendedByGranteeAmt>
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        <VerificationDt>2021-01-05</VerificationDt>
        <ResultsOfVerificationTxt>THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.</ResultsOfVerificationTxt>
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          <BusinessNameLine1Txt>SUPPORT TO JAVAKHK FUND</BusinessNameLine1Txt>
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          <CountryCd>AM</CountryCd>
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        <GrantDt>2021-04-01</GrantDt>
        <GrantAmt>30790</GrantAmt>
        <PurposeOfGrantTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION.</PurposeOfGrantTxt>
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        <DatesOfReportsByGranteeTxt>12/31/21</DatesOfReportsByGranteeTxt>
        <VerificationDt>2021-04-01</VerificationDt>
        <ResultsOfVerificationTxt>THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.</ResultsOfVerificationTxt>
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          <BusinessNameLine1Txt>WOMEN'S SUPPORT CENTER</BusinessNameLine1Txt>
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          <CityNm>YEREVAN</CityNm>
          <CountryCd>AM</CountryCd>
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        <GrantDt>2019-04-15</GrantDt>
        <GrantAmt>20000</GrantAmt>
        <PurposeOfGrantTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION.</PurposeOfGrantTxt>
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        <ResultsOfVerificationTxt>THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.</ResultsOfVerificationTxt>
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          <StateAbbreviationCd>NJ</StateAbbreviationCd>
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        <GrantDt>2021-12-15</GrantDt>
        <GrantAmt>500</GrantAmt>
        <PurposeOfGrantTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION.</PurposeOfGrantTxt>
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        <DatesOfReportsByGranteeTxt>12/31/21</DatesOfReportsByGranteeTxt>
        <VerificationDt>2021-12-15</VerificationDt>
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      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
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          <BusinessNameLine1Txt>JRABI LLC</BusinessNameLine1Txt>
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          <AddressLine1Txt>1 ZANG BUILDING 76/77 APT 24</AddressLine1Txt>
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          <ForeignPostalCd>0056</ForeignPostalCd>
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        <GrantDt>2021-06-14</GrantDt>
        <GrantAmt>926</GrantAmt>
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          <BusinessNameLine1Txt>AKNAGHBYUR COMMUNITY</BusinessNameLine1Txt>
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        <GrantDt>2021-06-14</GrantDt>
        <GrantAmt>16166</GrantAmt>
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      <ExpenditureResponsibilityGrp>
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          <BusinessNameLine1Txt>HAYK PETROSYAN</BusinessNameLine1Txt>
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          <AddressLine1Txt>BAGREVAND 50 HOUSE</AddressLine1Txt>
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        <GrantDt>2021-06-14</GrantDt>
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          <CityNm>HRAZDAN CITY</CityNm>
          <CountryCd>AM</CountryCd>
          <ForeignPostalCd>2303</ForeignPostalCd>
        </ForeignAddress>
        <GrantDt>2021-06-14</GrantDt>
        <GrantAmt>5356</GrantAmt>
        <PurposeOfGrantTxt>UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE AND TO ASSIST IN COVERING A PORTION OF THE OPERATING COSTS OF THE CHARITABLE ORGANIZATION.</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>5356</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED.</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>12/31/21</DatesOfReportsByGranteeTxt>
        <VerificationDt>2021-06-14</VerificationDt>
        <ResultsOfVerificationTxt>THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
    </ExpenditureResponsibilityStmt>
    <GeneralExplanationAttachment documentId="RetDoc2258700001">
      <GeneralExplanationGrp>
        <FormAndLineReferenceDesc>FORM 990-PF, GENERAL EXPLANATION</FormAndLineReferenceDesc>
        <MediumExplanationTxt>DUE TO CERTAIN ERRORS DISCOVERED BY MANAGEMENT SUBSEQUENT TO FILING, THE RETURN HAS BEEN ADJUSTED TO REFLECT CHANGES TO INVESTMENTS AND REVENUE (NON-CASH CONTRIBUTIONS). THE H. HOVNANIAN FAMILY FOUNDATION IS AMENDING 2021 FORM 990-PF, RETURN OF PRIVATE FOUNDATIONTO CORRECTLY REFLECT THE FOLLOWING:1. PART I, LINE 1, COL. A: CHANGED FROM $66,337,430 TO $67,383,2302. PART I, LINE 12, COL. A: CHANGED FROM $83,685,489 TO $84,731,2893. PART I, LINE 27, COL. A: CHANGED FROM $75,007,376 TO $76,053,1764. PART II, LINE 14: CHANGED FROM $2,567,141 TO $3,612,9415. PART II, LINE 14, COL. B: CHANGED FROM $2,474,585 TO $3,520,3856. PART II, LINE 14, COL. C: CHANGED FROM $2,474,585 TO $3,520,3857. PART II, LINE 16, COL. B: CHANGED FROM $209,391,784 TO $210,437,5848. PART II, LINE 16, COL. C: CHANGED FROM $222,874,888 TO $223,920,6889. PART II, LINE 28 AND LINE 29, COL. B: CHANGED FROM $209,191,459 TO $210,237,25910. PART II, LINE 30, COL. B: CHANGED FROM $209,391,784 TO $210,437,58411. PART III, LINE 2: CHANGED FROM $75,007,376 TO $76,053,17612. PART III, LINE 4 AND LINE 6: CHANGED FROM $209,191,459 TO $210,237,25913. SCHEDULE B, UPDATED AND NON-CASH CONTRIBUTIONS DISCLOSED.</MediumExplanationTxt>
      </GeneralExplanationGrp>
    </GeneralExplanationAttachment>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>INVESTMENTS</StockNm>
        <EOYBookValueAmt>153408538</EOYBookValueAmt>
        <EOYFMVAmt>166891642</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsLandSchedule2 documentId="RetDoc2059100001">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BUILDING</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>3658500</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>902902</AccumulatedDepreciationAmt>
        <BookValueAmt>2755598</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>3116500</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>3116500</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BUILDING</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>10075000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2249650</AccumulatedDepreciationAmt>
        <BookValueAmt>7825350</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>5425000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>5425000</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BUILDING</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2310000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>515803</AccumulatedDepreciationAmt>
        <BookValueAmt>1794197</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1890000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>1890000</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>DOLLAR TREE FASCADE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>188890</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>42578</AccumulatedDepreciationAmt>
        <BookValueAmt>146312</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>HVAC UNIT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>53525</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>53525</AccumulatedDepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>DOLLAR TREE IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>236906</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>52903</AccumulatedDepreciationAmt>
        <BookValueAmt>184003</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>JIU JITSU IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>19690</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>4145</AccumulatedDepreciationAmt>
        <BookValueAmt>15545</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>EVERBANK IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>11518</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2495</AccumulatedDepreciationAmt>
        <BookValueAmt>9023</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>DOLLAR TREE ADDITIONAL IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>153340</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>28343</AccumulatedDepreciationAmt>
        <BookValueAmt>124997</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>SECURITY SYSTEM</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>6737</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>6737</AccumulatedDepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>CMC</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>15930</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>3043</AccumulatedDepreciationAmt>
        <BookValueAmt>12887</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>FINANCIAL ALTERNATIVES</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>27620</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>5491</AccumulatedDepreciationAmt>
        <BookValueAmt>22129</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BELLCREST UPGRADES</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>40657</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>6469</AccumulatedDepreciationAmt>
        <BookValueAmt>34188</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BELLCREST UPGRADES</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>19572</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2992</AccumulatedDepreciationAmt>
        <BookValueAmt>16580</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>AXA EQUITABLE LIFE INSURANCE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>34405</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>4453</AccumulatedDepreciationAmt>
        <BookValueAmt>29952</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>CLIENT SOLUTIONS ARCHITECTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>13063</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1773</AccumulatedDepreciationAmt>
        <BookValueAmt>11290</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>EPIC HEALTH SERVICES</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>9375</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1210</AccumulatedDepreciationAmt>
        <BookValueAmt>8165</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>EVERBANK</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>7742</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1003</AccumulatedDepreciationAmt>
        <BookValueAmt>6739</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BUILDING - ROOF REPLACEMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>33780</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>4438</AccumulatedDepreciationAmt>
        <BookValueAmt>29342</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>URZA'S TEAPOT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>8068</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1044</AccumulatedDepreciationAmt>
        <BookValueAmt>7024</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>COMMUNITY MEDICAL CENTER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>216819</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>22468</AccumulatedDepreciationAmt>
        <BookValueAmt>194351</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>DEPARTMENT OF LABOR</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>45409</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>5578</AccumulatedDepreciationAmt>
        <BookValueAmt>39831</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>VITAL AXIS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>44400</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>5453</AccumulatedDepreciationAmt>
        <BookValueAmt>38947</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>CLIENT SOLUTIONS ARCHITECTS "CSA" RELO</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>70861</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>6889</AccumulatedDepreciationAmt>
        <BookValueAmt>63972</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>NOVAGRADAC &amp; COMPANY</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>79840</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>8444</AccumulatedDepreciationAmt>
        <BookValueAmt>71396</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BRICK PET SALON HVAC REPLACEMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>4040</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>3661</AccumulatedDepreciationAmt>
        <BookValueAmt>379</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>ROBERT HAGAN INSURANCE TI</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>7093</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>872</AccumulatedDepreciationAmt>
        <BookValueAmt>6221</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BUILDING ROOF REPLACEMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>61041</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>6325</AccumulatedDepreciationAmt>
        <BookValueAmt>54716</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>HVAC</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>48364</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>33250</AccumulatedDepreciationAmt>
        <BookValueAmt>15114</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>ROOF</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>16277</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1781</AccumulatedDepreciationAmt>
        <BookValueAmt>14496</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>EV-CONSULTING LLC</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>6306</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>639</AccumulatedDepreciationAmt>
        <BookValueAmt>5667</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BUILDING COST</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>3632132</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>442665</AccumulatedDepreciationAmt>
        <BookValueAmt>3189467</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND COST</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>964448</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>964448</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BV BOILER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>112116</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>112116</AccumulatedDepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BUILDING - ROOF REPLACEMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>58800</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>4838</AccumulatedDepreciationAmt>
        <BookValueAmt>53962</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>NJ MONUMENT TI</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>10504</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>863</AccumulatedDepreciationAmt>
        <BookValueAmt>9641</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>SHORE KICKBOXING HVAC REPLACEMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>6195</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>6195</AccumulatedDepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>TARDIS - 3RD AMENDMENT IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>14233</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>776</AccumulatedDepreciationAmt>
        <BookValueAmt>13457</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>MARINER FINANCE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>37202</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2345</AccumulatedDepreciationAmt>
        <BookValueAmt>34857</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>FINANCIAL ALTERNATIVES (1ST AMENDMENT)</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>9841</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>620</AccumulatedDepreciationAmt>
        <BookValueAmt>9221</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BANCROFT NEUROHEALTH</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>69814</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>4400</AccumulatedDepreciationAmt>
        <BookValueAmt>65414</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>MORGAN STANLEY (5TH AMENDMENT)</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>19360</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>19360</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BANCROFT NEUROHEALTH</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>7717</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>7717</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>COMMUNITY RESOURCES CENTER TI</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>242</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>242</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>ANGELICA ROMAN (2ND AMENDMENT)</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1289</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>1289</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>JACKS BARBER SHOP</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>12589</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>875</AccumulatedDepreciationAmt>
        <BookValueAmt>11714</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>DOMINO'S</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>22500</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1659</AccumulatedDepreciationAmt>
        <BookValueAmt>20841</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>JOE'S BAGEL</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>76250</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>3829</AccumulatedDepreciationAmt>
        <BookValueAmt>72421</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>ST. BARNABAS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>25569</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>25569</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>AXA - 3RD AMENDMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>51304</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2522</AccumulatedDepreciationAmt>
        <BookValueAmt>48782</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>NEVERIMAGE STUDIO</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>16622</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>85</AccumulatedDepreciationAmt>
        <BookValueAmt>16537</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BELLCREST UPGRADES (ROOF)</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>260176</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>4447</AccumulatedDepreciationAmt>
        <BookValueAmt>255729</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>ROOF</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>7862</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>17</AccumulatedDepreciationAmt>
        <BookValueAmt>7845</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BUILDING</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>10597500</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>22644</AccumulatedDepreciationAmt>
        <BookValueAmt>10574856</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1177500</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>1177500</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>IONIZATION SYSTEM</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>39845</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>745</AccumulatedDepreciationAmt>
        <BookValueAmt>39100</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>AIR COMPRESSOR</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>37172</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>512</AccumulatedDepreciationAmt>
        <BookValueAmt>36660</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>AIR COMPRESSOR</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>20387</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>301</AccumulatedDepreciationAmt>
        <BookValueAmt>20086</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>RTU#6 REPLACEMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>49160</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>725</AccumulatedDepreciationAmt>
        <BookValueAmt>48435</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>CARPET REPLACEMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>45965</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>181</AccumulatedDepreciationAmt>
        <BookValueAmt>45784</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>USI - JOB C291</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>109057</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>728</AccumulatedDepreciationAmt>
        <BookValueAmt>108329</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>COMCAST JOB C-294</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>53960</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>212</AccumulatedDepreciationAmt>
        <BookValueAmt>53748</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>ROOF</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>77657</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>169</AccumulatedDepreciationAmt>
        <BookValueAmt>77488</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>DOORS/WINDOWS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>16000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>8</AccumulatedDepreciationAmt>
        <BookValueAmt>15992</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>FF&amp;E YEREVAN</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>61384</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>13</AccumulatedDepreciationAmt>
        <BookValueAmt>61371</BookValueAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PIXEL LABS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>9996</BookValueAmt>
        <EOYFMVAmt>9996</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GECKO ROBOTICS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>44992</BookValueAmt>
        <EOYFMVAmt>44992</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DISCOTECH</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>50000</BookValueAmt>
        <EOYFMVAmt>50000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VINETI INC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>50000</BookValueAmt>
        <EOYFMVAmt>50000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SURPRISE HR</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>100000</BookValueAmt>
        <EOYFMVAmt>100000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SERVICE TITAN</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>107693</BookValueAmt>
        <EOYFMVAmt>107693</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CODEFIGHTS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>142943</BookValueAmt>
        <EOYFMVAmt>142943</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>KRISP TECHNOLOGIES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>150000</BookValueAmt>
        <EOYFMVAmt>150000</EOYFMVAmt>
      </InvestmentsOtherGrp>
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    <LandEtcSchedule2 documentId="RetDoc2059000001">
      <LandEtcGrp>
        <CategoryOrItemTxt>2 JEEPS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>86833</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>86833</AccumulatedDepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>YEREVAN BUILDING/LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2385960</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>2385960</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>YEREVAN LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>66739</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>66739</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HIKEARMENIA BUILDING</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>16715</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2205</AccumulatedDepreciationAmt>
        <BookValueAmt>14510</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HIKEARMENIA FURNITURE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>10894</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>3518</AccumulatedDepreciationAmt>
        <BookValueAmt>7376</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>YEREVAN BUILDING - 23 RUSTAVELLU</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>360800</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>360800</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>YEREVAN BUILDING - 41 TUMANIAN</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>256200</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>256200</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>YEREVAN BUILDING - 5 VARDANANT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>181800</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>181800</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>YEREVAN BUILDING - 62 HANRAPETUTYAN</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>247000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>247000</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>12583</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>12583</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssetsScheduleGrp>
        <Desc>PREPAID VAT TAX</Desc>
        <BOYBookValueAmt>95184</BOYBookValueAmt>
        <EOYBookValueAmt>54675</EOYBookValueAmt>
        <EOYFMVAmt>54675</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>ANNUAL REPORT</Desc>
        <RevenueAndExpensesPerBooksAmt>220</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>220</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>STATE REPRESENTATION</Desc>
        <RevenueAndExpensesPerBooksAmt>398</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>398</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ARMENIA OPERATING &amp; OVERHEAD COSTS</Desc>
        <RevenueAndExpensesPerBooksAmt>172840</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>172840</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>1724</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1724</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS</Desc>
        <RevenueAndExpensesPerBooksAmt>2057</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2057</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT SERVICES</Desc>
        <RevenueAndExpensesPerBooksAmt>50637</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>50637</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PAYROLL CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>1015</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1015</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DUES &amp; SUBS</Desc>
        <RevenueAndExpensesPerBooksAmt>30708</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>30708</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>WORKERS COMP</Desc>
        <RevenueAndExpensesPerBooksAmt>787</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>787</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEDICAL EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>12409</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>12409</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>EXCHANGE RATE - LOSS</Desc>
        <RevenueAndExpensesPerBooksAmt>-2284</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-2284</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-2284</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>INVESTMENT INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>1150597</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1150597</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1150597</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilitiesDetail>
        <Desc>TENANT SECURITY DEPOSITS</Desc>
        <BOYBookValueAmt>170130</BOYBookValueAmt>
        <EOYBookValueAmt>200325</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>BROKER AND INVESTMENT ADVISORY FEES</CategoryTxt>
        <Amt>1189407</Amt>
        <NetInvestmentIncomeAmt>1114635</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <SubstantialContributorsSch documentId="RetDoc2089200001">
      <SubstantialContributorDetail>
        <PersonNm>HIRAIR HOVNANIAN DEC 040821</PersonNm>
        <USAddress>
          <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
          <CityNm>TINTON FALLS</CityNm>
          <StateAbbreviationCd>NJ</StateAbbreviationCd>
          <ZIPCd>07753</ZIPCd>
        </USAddress>
      </SubstantialContributorDetail>
      <SubstantialContributorDetail>
        <PersonNm>EDELE HOVNANIAN</PersonNm>
        <USAddress>
          <AddressLine1Txt>4000 ROUTE 66</AddressLine1Txt>
          <CityNm>TINTON FALLS</CityNm>
          <StateAbbreviationCd>NJ</StateAbbreviationCd>
          <ZIPCd>07753</ZIPCd>
        </USAddress>
      </SubstantialContributorDetail>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES PAID</CategoryTxt>
        <Amt>272421</Amt>
        <NetInvestmentIncomeAmt>272421</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
        <Amt>225914</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
