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          <BusinessName>
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            <ZIPCd>90067</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT MANAGEMENT</ServiceTypeTxt>
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          <BusinessName>
            <BusinessNameLine1Txt>CLIFTONLARSONALLEN LLP</BusinessNameLine1Txt>
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            <StateAbbreviationCd>CA</StateAbbreviationCd>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARMENIAN EYE CARE PROJECT</BusinessNameLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARMENIAN MUSEUM OF AMERICA</BusinessNameLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARMENIAN TECHNOLOGY GROUP</BusinessNameLine1Txt>
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          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARMENIAN WOUNDED HEROES FUND</BusinessNameLine1Txt>
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            <AddressLine1Txt>PO BOX 484</AddressLine1Txt>
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            <StateAbbreviationCd>NJ</StateAbbreviationCd>
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          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC SUPPORT OF ORGANIZATION MISSION</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ART STATION</BusinessNameLine1Txt>
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          <RecipientForeignAddress>
            <AddressLine1Txt>31 MOSKOVYAN ST</AddressLine1Txt>
            <CityNm>YEREVAN</CityNm>
            <CountryCd>AM</CountryCd>
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          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC SUPPORT OF ORGANIZATION MISSION</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AZNAVOUR FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>1114 ANTARAYIN ST</AddressLine1Txt>
            <CityNm>YEREVAN</CityNm>
            <CountryCd>AM</CountryCd>
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          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC SUPPORT OF ORGANIZATION MISSION</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BOYS AND GIRLS CLUB OF SAN JUAN CAPISTRANO</BusinessNameLine1Txt>
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            <AddressLine1Txt>1 VIA POSITIVA</AddressLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHARLIE KEYAN ARMENIAN COMMUNITY SCHOOL</BusinessNameLine1Txt>
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            <AddressLine1Txt>108 N VILLA AVE</AddressLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHILDREN OF ARMENIA FUND</BusinessNameLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
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            <BusinessNameLine1Txt>CIVILITAS FOUNDATION</BusinessNameLine1Txt>
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            <CityNm>GLENDALE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91203</ZIPCd>
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          <RecipientBusinessName>
            <BusinessNameLine1Txt>COMPTON JUNIOR EQUESTRIANS</BusinessNameLine1Txt>
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            <CityNm>COMPTON</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90220</ZIPCd>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CROHN'S &amp; COLITIS FOUNDATION</BusinessNameLine1Txt>
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            <AddressLine1Txt>733 THIRD AVE STE 510</AddressLine1Txt>
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            <ZIPCd>10017</ZIPCd>
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          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EVN NEWS FOUNDATION</BusinessNameLine1Txt>
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            <AddressLine1Txt>19528 VENTURA BLVD STE 370</AddressLine1Txt>
            <CityNm>TARZANA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDS OF GOALS</BusinessNameLine1Txt>
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            <CityNm>GLENDALE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91203</ZIPCd>
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          <GrantOrContributionPurposeTxt>PUBLIC SUPPORT OF ORGANIZATION MISSION</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDS OF HRANT DINK</BusinessNameLine1Txt>
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            <AddressLine1Txt>60 N BEACON ST</AddressLine1Txt>
            <CityNm>WATERTOWN</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02472</ZIPCd>
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          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PUBLIC SUPPORT OF ORGANIZATION MISSION</GrantOrContributionPurposeTxt>
          <Amt>80000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDS OF TEACH FOR ARMENIA</BusinessNameLine1Txt>
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            <AddressLine1Txt>101 GROVERTON PL</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
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          <GrantOrContributionPurposeTxt>PUBLIC SUPPORT OF ORGANIZATION MISSION</GrantOrContributionPurposeTxt>
          <Amt>136400</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDS OF TEAM ARMENIA BASKETBALL</BusinessNameLine1Txt>
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            <AddressLine1Txt>550 N BRAND BLVD STE 1500</AddressLine1Txt>
            <CityNm>GLENDALE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRONTLINE THERAPISTS</BusinessNameLine1Txt>
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            <AddressLine1Txt>PAVSTOS BUZAND STREET 39</AddressLine1Txt>
            <CityNm>YEREVAN</CityNm>
            <CountryCd>AM</CountryCd>
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          <GrantOrContributionPurposeTxt>PUBLIC SUPPORT OF ORGANIZATION MISSION</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHILDREN ORGANIZATION VIA GIVEBUTTER</BusinessNameLine1Txt>
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            <AddressLine1Txt>1300 HIGHLAND AVE</AddressLine1Txt>
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            <StateAbbreviationCd>CA</StateAbbreviationCd>
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          <GrantOrContributionPurposeTxt>PUBLIC SUPPORT OF ORGANIZATION MISSION</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
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            <BusinessNameLine1Txt>HRANT'S ARK FOUNDATION</BusinessNameLine1Txt>
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            <StateAbbreviationCd>FL</StateAbbreviationCd>
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      <ExpenditureResponsibilityGrp>
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      <InvestmentLandGrp>
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      <InvestmentLandGrp>
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      <InvestmentLandGrp>
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      <InvestmentLandGrp>
        <CategoryOrItemTxt>ADELTO LAND</CategoryOrItemTxt>
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      <InvestmentsOtherGrp>
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      <LandEtcGrp>
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      <LegalFeesGrp>
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      <OtherAssetsScheduleGrp>
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      <OtherAssetsScheduleGrp>
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      <OtherAssetsScheduleGrp>
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      <OtherExpensesScheduleGrp>
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      <OtherExpensesScheduleGrp>
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      <OtherExpensesScheduleGrp>
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      <OtherExpensesScheduleGrp>
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        <CategoryTxt>CONSULTANTS</CategoryTxt>
        <Amt>110125</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>110125</DisbursementsCharitablePrpsAmt>
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      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT FEES</CategoryTxt>
        <Amt>250822</Amt>
        <NetInvestmentIncomeAmt>250822</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>PAYROLL SERVICE FEES</CategoryTxt>
        <Amt>2092</Amt>
        <NetInvestmentIncomeAmt>1046</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1046</DisbursementsCharitablePrpsAmt>
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      <OtherProfessionalFeesDetail>
        <CategoryTxt>SECURITY SERVICES</CategoryTxt>
        <Amt>426</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>426</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>COMMISSION</CategoryTxt>
        <Amt>21000</Amt>
        <NetInvestmentIncomeAmt>21000</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <OtherProfessionalFeesDetail>
        <CategoryTxt>MANAGEMENT FEES</CategoryTxt>
        <Amt>2112</Amt>
        <NetInvestmentIncomeAmt>2112</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>COMMISSIONS</CategoryTxt>
        <Amt>3840</Amt>
        <NetInvestmentIncomeAmt>3840</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MANAGEMENT FEES</CategoryTxt>
        <Amt>6454</Amt>
        <NetInvestmentIncomeAmt>6454</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES</CategoryTxt>
        <Amt>6250000</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FILING FEES</CategoryTxt>
        <Amt>800</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>800</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES PAID ON DIVIDENDS</CategoryTxt>
        <Amt>5217</Amt>
        <NetInvestmentIncomeAmt>5217</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>STATE PENALTIES</CategoryTxt>
        <Amt>26409</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>STATE TAXES</CategoryTxt>
        <Amt>2723836</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>REAL ESTATE TAXES</CategoryTxt>
        <Amt>185630</Amt>
        <NetInvestmentIncomeAmt>185630</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>TAXES</CategoryTxt>
        <Amt>3300</Amt>
        <NetInvestmentIncomeAmt>3300</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>REAL ESTATE TAXES</CategoryTxt>
        <Amt>29544</Amt>
        <NetInvestmentIncomeAmt>29544</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>REAL ESTATE TAXES</CategoryTxt>
        <Amt>23263</Amt>
        <NetInvestmentIncomeAmt>23263</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>REAL ESTATE TAXES</CategoryTxt>
        <Amt>63450</Amt>
        <NetInvestmentIncomeAmt>63450</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>REAL ESTATE TAXES</CategoryTxt>
        <Amt>29371</Amt>
        <NetInvestmentIncomeAmt>29371</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>REAL ESTATE TAXES</CategoryTxt>
        <Amt>16942</Amt>
        <NetInvestmentIncomeAmt>16942</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>