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        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <PriorYear1Yr>2017</PriorYear1Yr>
        <PriorYear2Yr>2016</PriorYear2Yr>
        <PriorYear3Yr>2015</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>48126</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>276684</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>260473</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>489143</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>350912</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>1425338</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>230864</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>55669</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>175195</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>1600533</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>48126</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>1552407</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>276684</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>260473</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>489143</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>350912</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>175195</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp></PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NA</ContributingManagerNm>
        <ShareholderManagerNm>NA</ShareholderManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>ROBERT SPIELMAN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>C/O MARCUM LLP 10 MELVILLE PARK RD</AddressLine1Txt>
            <CityNm>MELVILLE</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11747</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>6314144000</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>FORM AND CONTENT OF SUBMITTED APPLICATIONS: PROVIDE RESUME WITH MISSION STATEMENT, BUDGET, FORM 990 AND AUDITED FINANCIAL STATEMENT</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>NONE</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEE STATEMENT A</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>10 MELVILLE PARK ROAD</AddressLine1Txt>
            <CityNm>MELVILLE</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11747</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>134500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>134500</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DivAndIntFromSecPartVIIGrp>
          <UnrelatedBusinessTaxblIncmAmt>1</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>32225</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <UnrelatedBusinessTaxblIncmAmt>56</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>197365</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <OtherRevenueDescribedGrp>
          <Desc>ORDINARY INCOME-PASS THRU BLKSTN</Desc>
          <BusinessCd>523000</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>5</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>8</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>ORDINARY INCOME-PASS THRU BANTY</Desc>
          <BusinessCd>523000</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>-67076</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>18</ExclusionCd>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>NET RENTAL INCOME - PASS THRU</Desc>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>-4</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>ROYALTIES - PASS THRU</Desc>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>4</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>OTHER INCOME- PASS THRU</Desc>
          <BusinessCd>523000</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>-1</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>103</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>SECTION 987 GAIN (LOSS)- PASS THRU</Desc>
          <ExclusionAmt>-2</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>SECTION 988 GAIN (LOSS)PASS THRU</Desc>
          <ExclusionAmt>-13</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>MISC INCOME</Desc>
          <ExclusionAmt>219</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>-67015</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>229905</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>162890</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>Phyllis Spielman</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>10 MELVILLE PARK ROAD</AddressLine1Txt>
          <CityNm>MELVILLE</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>11747</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>6000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>55917</Amt>
        <NetInvestmentIncomeAmt>27959</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>27958</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>SECURITIES - SEE STATEMENT B</StockNm>
        <EOYBookValueAmt>245188</EOYBookValueAmt>
        <EOYFMVAmt>940523</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvOtherSch2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MUTUAL FUNDS -SEE STATEMENT B</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>129170</BookValueAmt>
        <EOYFMVAmt>155558</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>THE BLACKSTONE GROUP LP</CategoryOrItemTxt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>THE BANTY ROOSTER</CategoryOrItemTxt>
        <BookValueAmt>7879</BookValueAmt>
        <EOYFMVAmt>7879</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="LegalFeesSch">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>12309</LegalFeesAmt>
        <NetInvestmentIncomeAmt>3693</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>8616</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>ROYALTY DEDUCTIONS- PASS THRU</Desc>
        <RevenueAndExpensesPerBooksAmt>1</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INTANGIBLE DRILLING EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>9</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO DEDUCTIONS PASS THRU</Desc>
        <RevenueAndExpensesPerBooksAmt>9</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>9</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OTHER DEDUCTIONS- PASS THRU</Desc>
        <RevenueAndExpensesPerBooksAmt>1</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NON-DEDUCTIBLE EXP- PASS THRU</Desc>
        <RevenueAndExpensesPerBooksAmt>64</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>25</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>25</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PAYROLL PROCESSING EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>1610</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>644</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>966</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>STATE FILING FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>455</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>455</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>Ordinary Income -pass thru Blackstone</Desc>
        <RevenueAndExpensesPerBooksAmt>13</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>8</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Ordinary Income -pass thru banty Rooster</Desc>
        <RevenueAndExpensesPerBooksAmt>-67076</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Net Rental Income - pass thru</Desc>
        <RevenueAndExpensesPerBooksAmt>-4</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-4</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Royalties - pass thru</Desc>
        <RevenueAndExpensesPerBooksAmt>4</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Other Income- pass thru</Desc>
        <RevenueAndExpensesPerBooksAmt>102</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>103</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Section 987 Gain (Loss)- PASS THRU</Desc>
        <RevenueAndExpensesPerBooksAmt>-2</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-2</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>SECTION 988 GAIN (LOSS)PASS THRU</Desc>
        <RevenueAndExpensesPerBooksAmt>-13</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-13</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>misc income</Desc>
        <RevenueAndExpensesPerBooksAmt>219</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>219</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="OtherLiabSch">
      <OtherLiabilitiesDetail>
        <Desc>COVERED OPTIONS</Desc>
        <BOYBookValueAmt>888</BOYBookValueAmt>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT ADVISORY FEES</CategoryTxt>
        <Amt>11612</Amt>
        <NetInvestmentIncomeAmt>11612</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX WITHHELD</CategoryTxt>
        <Amt>871</Amt>
        <NetInvestmentIncomeAmt>871</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX WITHHELD</CategoryTxt>
        <Amt>4</Amt>
        <NetInvestmentIncomeAmt>1</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>