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          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>MARCUM LLP</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1O MELVILLE PARK RD</AddressLine1Txt>
            <CityNm>MELVILLE</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11747</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>ACCOUNTING SERVICES</ServiceTypeTxt>
          <CompensationAmt>86000</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp />
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>8384261</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>401843</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>3288</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>8789392</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>8789392</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>131841</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>8657551</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>432878</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>432878</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>6285</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>6285</TotalTaxAmt>
        <DistributableBeforeAdjAmt>426593</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>426593</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>426593</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>1341515</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>1341515</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>6285</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>1335230</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>426593</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <PriorYear1Yr>2016</PriorYear1Yr>
        <PriorYear2Yr>2015</PriorYear2Yr>
        <PriorYear3Yr>2014</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>552818</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>629092</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>607214</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>668956</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>880848</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>3338928</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>1341515</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>426593</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>914922</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>4253850</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>552818</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>3701032</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>629092</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>607214</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>668956</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>880848</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>914922</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEE STATEMENT E</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>SEE STATEMENT E</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10104</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>none</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SEE STATEMENT E</GrantOrContributionPurposeTxt>
          <Amt>1285000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1285000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>377666</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>309958</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>687624</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>687624</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>NEUBERGER BERMAN GROUP</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>1290 Avenue of the Americas</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10104</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>364265</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>JAMES BAKER</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>1290 AVENUE OF THE AMERICAS</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10104</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>9396</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>3</ContributorNum>
        <ContributorPersonNm>JUDITH M VALE</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>1290 AVENUES OF THE AMERICAS</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10104</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>25163</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>4</ContributorNum>
        <ContributorPersonNm>Robert D'Alelio</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>1290 AVENUES OF THE AMERICAS</AddressLine1Txt>
          <CityNm>new york</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10104</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>25276</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>5</ContributorNum>
        <ContributorPersonNm>sandy pomeroy</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>1290 Avenue of the Americas 39th F</AddressLine1Txt>
          <CityNm>New York</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10104</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>25105</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>2</ContributorNum>
        <NoncashPropertyDesc>100 shs of ESRX</NoncashPropertyDesc>
        <FairMarketValueAmt>9396</FairMarketValueAmt>
        <ReceivedDt>2018-12-20</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>3</ContributorNum>
        <NoncashPropertyDesc>625 shs of TRMB</NoncashPropertyDesc>
        <FairMarketValueAmt>25163</FairMarketValueAmt>
        <ReceivedDt>2019-04-25</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>4</ContributorNum>
        <NoncashPropertyDesc>400 shs of HSIC</NoncashPropertyDesc>
        <FairMarketValueAmt>25276</FairMarketValueAmt>
        <ReceivedDt>2019-05-01</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>5</ContributorNum>
        <NoncashPropertyDesc>253 shs of ARCH</NoncashPropertyDesc>
        <FairMarketValueAmt>25105</FairMarketValueAmt>
        <ReceivedDt>2019-04-26</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>113500</Amt>
        <NetInvestmentIncomeAmt>56750</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>55750</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpBondsSchedule documentId="InvestCorpBondsSch">
      <InvestmentsCorporateBondsGrp>
        <BondNm>FIXED INCOME- SEE STATEMENT C</BondNm>
        <EOYBookValueAmt>2373583</EOYBookValueAmt>
        <EOYFMVAmt>2373583</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>MARKETABLE SECURITIES:STMT B</StockNm>
        <EOYBookValueAmt>1001590</EOYBookValueAmt>
        <EOYFMVAmt>1001590</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="InvGovtObligSch">
      <USGovtObligationsBookVlEOYAmt>755276</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>755276</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="InvOtherSch2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MUTUAL FUNDS- SEE STATEMENT D</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>4061733</BookValueAmt>
        <EOYFMVAmt>4061733</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INV IN PUBL TRADED PARTNERSHI</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>2980</BookValueAmt>
        <EOYFMVAmt>2980</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MASTER LIMITED PARTNERSHIP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1952</BookValueAmt>
        <EOYFMVAmt>1952</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="LegalFeesSch">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>162</LegalFeesAmt>
        <DisbursementsCharitablePrpsAmt>162</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="OtherAssetsSch">
      <OtherAssetsScheduleGrp>
        <Desc>ACCRUED INCOME</Desc>
        <BOYBookValueAmt>7427</BOYBookValueAmt>
        <EOYBookValueAmt>7320</EOYBookValueAmt>
        <EOYFMVAmt>7320</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>DUE FROM BROKER</Desc>
        <BOYBookValueAmt>27992</BOYBookValueAmt>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="OtherDecreasesSch">
      <OtherDecreasesDetail>
        <Desc>DEFERRED FEDERAL EXCISE TAX</Desc>
        <Amt>1339</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>108</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>108</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PUBLICATION EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>160</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>160</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NYS FILING FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>275</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>275</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DE REGISTERED AGENT</Desc>
        <RevenueAndExpensesPerBooksAmt>168</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>168</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>misc income</Desc>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSch">
      <OtherIncreasesDetail>
        <Desc>UNREALIZED GAINS/LOSSES ON INVESTMENTS</Desc>
        <Amt>96454</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabSch">
      <OtherLiabilitiesDetail>
        <Desc>DEFERRED FED EXCISE TAX</Desc>
        <BOYBookValueAmt>16979</BOYBookValueAmt>
        <EOYBookValueAmt>18317</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>FEDERAL EXCISE TAX PAYABLE</Desc>
        <BOYBookValueAmt>1095</BOYBookValueAmt>
        <EOYBookValueAmt>8443</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>DUE TO BROKER</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>6225</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT FEES</CategoryTxt>
        <Amt>2265</Amt>
        <NetInvestmentIncomeAmt>2265</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAX</CategoryTxt>
        <Amt>7348</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>