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          <PersonNm>JESSICA BIBLIOWICZ</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 10879</AddressLine1Txt>
            <CityNm>Albany</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12201</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ARTHUR MAHON</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 10879</AddressLine1Txt>
            <CityNm>Albany</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12201</ZIPCd>
          </USAddress>
          <TitleTxt>ASST SEC, ASST TREAS, DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KENNETH BIALKIN</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 10879</AddressLine1Txt>
            <CityNm>Albany</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12201</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Tommy Bibliowicz</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 10879</AddressLine1Txt>
            <CityNm>Albany</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12201</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>David Bibliowicz</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 10879</AddressLine1Txt>
            <CityNm>Albany</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12201</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MICHAEL FREEDMAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 10879</AddressLine1Txt>
            <CityNm>Albany</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12201</ZIPCd>
          </USAddress>
          <TitleTxt>CHIEF INVESTMENT OFFICER, DIR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName referenceDocumentId="ContractCompenExpln">
            <BusinessNameLine1Txt>Independent Family Office LLC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>PO Box 10879</AddressLine1Txt>
            <CityNm>ALBANY</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12201</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>Tax &amp; Reporting</ServiceTypeTxt>
          <CompensationAmt>101700</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName referenceDocumentId="ContractCompenExpln">
            <BusinessNameLine1Txt>NICHOLAS B DIRKS</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>670 SAN LUIS ROAD</AddressLine1Txt>
            <CityNm>BERKELEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94707</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>CHARITABLE ADVISORY</ServiceTypeTxt>
          <CompensationAmt>125000</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName referenceDocumentId="ContractCompenExpln">
            <BusinessNameLine1Txt>RRE ADVISORS LLC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>130 EAST 59TH STREET 17TH FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT MGMT</ServiceTypeTxt>
          <CompensationAmt>92802</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp />
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>77260166</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>57818411</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>80053794</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>215132371</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>215132371</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>3226986</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>211905385</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>10595269</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>10595269</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>223785</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>223785</TotalTaxAmt>
        <DistributableBeforeAdjAmt>10371484</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>10371484</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>10371484</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>13882446</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>13882446</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>223785</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>13658661</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>10371484</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <PriorYear1Yr>2015</PriorYear1Yr>
        <PriorYear2Yr>2014</PriorYear2Yr>
        <PriorYear3Yr>2013</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr1Amt>7703339</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>7703339</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>13882446</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>10371484</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>3510962</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>11214301</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>11214301</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear1Amt>7703339</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>3510962</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <ContributingManagerNm>SANFORD I WEILL</ContributingManagerNm>
        <ContributingManagerNm>JOAN H WEILL</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ALVIN AILEY DANCE FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>405 WEST 55TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10019</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>125000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN SOCIETY FOR TECHNION</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>Per Grant Agreement</GrantOrContributionPurposeTxt>
          <Amt>478256</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CARNEGIE HALL CORPORATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>881 7TH AVENUE</AddressLine1Txt>
            <CityNm>New York</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10019</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Per Grant Agreement</GrantOrContributionPurposeTxt>
          <Amt>4937696</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CARNEGIE HALL CORPORATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>881 7TH AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10019</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Per Grant Agreement</GrantOrContributionPurposeTxt>
          <Amt>125818</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CORNELL UNIVERSITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>130 EAST SENECA STREET SUITE 400</AddressLine1Txt>
            <CityNm>ITHACA</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>14850</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Per Grant Agreement</GrantOrContributionPurposeTxt>
          <Amt>572523</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CORNELL UNIVERSITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>130 EAST SENECA STREET SUITE 400</AddressLine1Txt>
            <CityNm>ITHACA</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>14850</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Per Grant Agreement</GrantOrContributionPurposeTxt>
          <Amt>127478</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COUNCIL ON FOREIGN RELATIONS INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>58 EAST 68TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10065</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOMES FOR OUR TROOPS INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6 MAIN STREET</AddressLine1Txt>
            <CityNm>TAUNTON</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02780</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>INDIVIDUALS NOW INC SOCIAL ADVOCATES FOR YOUTH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2447 SUMMERFIELD ROAD</AddressLine1Txt>
            <CityNm>SANTA ROSA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95405</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LANG LANG INTERNATIONAL MUSIC FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>350 7TH AVENUE SUITE 2202</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10001</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>240000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NAF</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>218 WEST 40TH STREET FIFTH FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10018</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Per Grant Agreement</GrantOrContributionPurposeTxt>
          <Amt>1645899</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NAF</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>218 WEST 40TH STREET FIFTH FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10018</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Per Grant Agreement</GrantOrContributionPurposeTxt>
          <Amt>354101</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PROJECT SUNSHINE INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>211 EAST 43RD STREET SUITE 401</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RAMEKINS CORNERSTONE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>450 WEST SPAIN STREET</AddressLine1Txt>
            <CityNm>SONOMA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95476</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RONALD MCDONALD HOUSE OF NEW YORK INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>405 EAST 73RD STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10021</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE CONSERVATION FUND A NONPROFIT CORPORATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>165 NORTH FORT MYER DRIVE SUITE 13</AddressLine1Txt>
            <CityNm>ARLINGTON</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22209</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE HISTORYMAKERS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1900 SOUTH MICHIGAN AVENUE</AddressLine1Txt>
            <CityNm>CHICAGO</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60616</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>220 MONTGOMERY STREET 5TH FLOOR</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94143</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Per Grant Agreement</GrantOrContributionPurposeTxt>
          <Amt>5000675</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>220 MONTGOMERY STREET 5TH FLOOR</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
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        <NetRntlIncmReNotDebtFincdProp />
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        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
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        <OtherRevenueDescribedGrp>
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        <SubtotalsIncmProducingActyGrp>
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      <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>Sanford I Weill</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>PO Box 10879</AddressLine1Txt>
          <CityNm>Albany</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>12201</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>59228870</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>100,000 SHARES OF BROOKFIELD ASSET MANAGEMENT INC. (BAM)</NoncashPropertyDesc>
        <FairMarketValueAmt>3697500</FairMarketValueAmt>
        <ReceivedDt>2017-02-15</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>30,000 SHARES OF APPLE INC. (AAPL)</NoncashPropertyDesc>
        <FairMarketValueAmt>4063350</FairMarketValueAmt>
        <ReceivedDt>2017-02-15</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>50,000 SHARES OF CITIGROUP INC. (C)</NoncashPropertyDesc>
        <FairMarketValueAmt>3006500</FairMarketValueAmt>
        <ReceivedDt>2017-02-16</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>700,000 SHARES OF BANCO SANTANDER, SA (SAN)</NoncashPropertyDesc>
        <FairMarketValueAmt>4532500</FairMarketValueAmt>
        <ReceivedDt>2017-04-24</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>87,500 SHARES OF BROOKFIELD ASSET MANAGEMENT INC. (BAM)</NoncashPropertyDesc>
        <FairMarketValueAmt>3290481</FairMarketValueAmt>
        <ReceivedDt>2017-05-03</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>50,000 SHARES OF CITIGROUP INC. (C)</NoncashPropertyDesc>
        <FairMarketValueAmt>3027750</FairMarketValueAmt>
        <ReceivedDt>2017-05-09</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>50,000 SHARES OF CITIGROUP INC. (C)</NoncashPropertyDesc>
        <FairMarketValueAmt>3111750</FairMarketValueAmt>
        <ReceivedDt>2017-05-25</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>50,000 SHARES OF MICROSOFT CORPORATION (MSFT)</NoncashPropertyDesc>
        <FairMarketValueAmt>3617500</FairMarketValueAmt>
        <ReceivedDt>2017-06-05</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>50,000 SHARES OF CITIGROUP INC. (C)</NoncashPropertyDesc>
        <FairMarketValueAmt>3236750</FairMarketValueAmt>
        <ReceivedDt>2017-06-12</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>50,000 SHARES OF MICROSOFT CORPORATION (MSFT)</NoncashPropertyDesc>
        <FairMarketValueAmt>3654250</FairMarketValueAmt>
        <ReceivedDt>2017-07-17</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>100,000 SHARES OF CHARLES SCHWAB CORPORATION (SCHW)</NoncashPropertyDesc>
        <FairMarketValueAmt>4287000</FairMarketValueAmt>
        <ReceivedDt>2017-07-26</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>20,000 SHARES OF APPLE INC. (AAPL)</NoncashPropertyDesc>
        <FairMarketValueAmt>3159100</FairMarketValueAmt>
        <ReceivedDt>2017-08-02</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>100,000 SHARES OF CHARLES SCHWAB CORPORATION (SCHW)</NoncashPropertyDesc>
        <FairMarketValueAmt>4181250</FairMarketValueAmt>
        <ReceivedDt>2017-09-21</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>100,000 SHARES OF CHARLES SCHWAB CORPORATION (SCHW)</NoncashPropertyDesc>
        <FairMarketValueAmt>4245000</FairMarketValueAmt>
        <ReceivedDt>2017-09-25</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>502,338 SHARES OF BANCO SANTANDER, SA (SAN)</NoncashPropertyDesc>
        <FairMarketValueAmt>3446039</FairMarketValueAmt>
        <ReceivedDt>2017-09-27</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>100,000 SHARES OF INTEL CORPORATION (INTC)</NoncashPropertyDesc>
        <FairMarketValueAmt>4672150</FairMarketValueAmt>
        <ReceivedDt>2017-11-02</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>AUDIT FEES</CategoryTxt>
        <Amt>18473</Amt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>TAX PREPARATION</CategoryTxt>
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      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <ContractorCompensationExpln documentId="ContractCompenExpln">
      <ContractorCompExplnGrp>
        <ContractorPersonNm>Independent Family Office LLC</ContractorPersonNm>
        <ExplanationTxt>PROVIDE TAX AND REPORTING SERVICES</ExplanationTxt>
      </ContractorCompExplnGrp>
      <ContractorCompExplnGrp>
        <ContractorPersonNm>NICHOLAS B DIRKS</ContractorPersonNm>
        <ExplanationTxt>PROVIDE CHARITABLE ADVICE</ExplanationTxt>
      </ContractorCompExplnGrp>
      <ContractorCompExplnGrp>
        <ContractorPersonNm>RRE ADVISORS LLC</ContractorPersonNm>
        <ExplanationTxt>PROVIDE INVESTMENT MANAGEMENT</ExplanationTxt>
      </ContractorCompExplnGrp>
    </ContractorCompensationExpln>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>ALPHABET INC.</StockNm>
        <EOYBookValueAmt>338116</EOYBookValueAmt>
        <EOYFMVAmt>377750</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMAZON.COM INC.</StockNm>
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        <EOYFMVAmt>263131</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICAN EXPRESS PREFERRED</StockNm>
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        <EOYFMVAmt>2055000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ANADARKO PETROLEUM CORPORATION</StockNm>
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        <EOYFMVAmt>60345</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AON PLC</StockNm>
        <EOYBookValueAmt>222292</EOYBookValueAmt>
        <EOYFMVAmt>214400</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE INC.</StockNm>
        <EOYBookValueAmt>8248500</EOYBookValueAmt>
        <EOYFMVAmt>10153800</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AT&amp;T INC.</StockNm>
        <EOYBookValueAmt>8722000</EOYBookValueAmt>
        <EOYFMVAmt>7776000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANCO SANTANDER, SA</StockNm>
        <EOYBookValueAmt>3469347</EOYBookValueAmt>
        <EOYFMVAmt>3308423</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANK OF AMERICA CORPORATION</StockNm>
        <EOYBookValueAmt>2773677</EOYBookValueAmt>
        <EOYFMVAmt>3072294</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BAYER AG</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BERKSHIRE HATHAWAY INC. CL B</StockNm>
        <EOYBookValueAmt>408867</EOYBookValueAmt>
        <EOYFMVAmt>455906</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHARLES SCHWAB CORPORATION</StockNm>
        <EOYBookValueAmt>2143500</EOYBookValueAmt>
        <EOYFMVAmt>2568500</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CITIGROUP INC.</StockNm>
        <EOYBookValueAmt>6514517</EOYBookValueAmt>
        <EOYFMVAmt>7708876</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DELTA AIR LINES INC.</StockNm>
        <EOYBookValueAmt>2511000</EOYBookValueAmt>
        <EOYFMVAmt>2800000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DISH NETWORK CORPORATION</StockNm>
        <EOYBookValueAmt>188924</EOYBookValueAmt>
        <EOYFMVAmt>144205</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ECOLAB INC.</StockNm>
        <EOYBookValueAmt>252235</EOYBookValueAmt>
        <EOYFMVAmt>254942</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIDELITY NATIONAL FINANCIAL</StockNm>
        <EOYBookValueAmt>50169</EOYBookValueAmt>
        <EOYFMVAmt>51750</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL DYNAMICS CORPORATION</StockNm>
        <EOYBookValueAmt>49453</EOYBookValueAmt>
        <EOYFMVAmt>50863</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL MOTORS COMPANY</StockNm>
        <EOYBookValueAmt>150146</EOYBookValueAmt>
        <EOYFMVAmt>176257</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GOLDMAN SACHS GROUP INC.</StockNm>
        <EOYBookValueAmt>149368</EOYBookValueAmt>
        <EOYFMVAmt>168142</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTEL CORPORATION</StockNm>
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        <EOYFMVAmt>4616000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JPMORGAN CHASE &amp; CO</StockNm>
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        <EOYFMVAmt>173778</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LIBERTY GLOBAL PLC</StockNm>
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        <EOYFMVAmt>308790</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LIBERTY TRIPADVISOR HOLDINGS</StockNm>
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        <EOYFMVAmt>10603</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MACYS INC</StockNm>
        <EOYBookValueAmt>3072590</EOYBookValueAmt>
        <EOYFMVAmt>2519000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MARRIOTT INTERNATIONAL INC.</StockNm>
        <EOYBookValueAmt>149733</EOYBookValueAmt>
        <EOYFMVAmt>196809</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MERCK &amp; CO INC.</StockNm>
        <EOYBookValueAmt>2219021</EOYBookValueAmt>
        <EOYFMVAmt>2250800</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORPORATION</StockNm>
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        <EOYFMVAmt>357130</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MONDELEZ INTERNATIONAL INC.</StockNm>
        <EOYBookValueAmt>101041</EOYBookValueAmt>
        <EOYFMVAmt>98440</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MONSANTO COMPANY</StockNm>
        <EOYBookValueAmt>9838829</EOYBookValueAmt>
        <EOYFMVAmt>11678000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY</StockNm>
        <EOYBookValueAmt>50831</EOYBookValueAmt>
        <EOYFMVAmt>56405</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ORACLE CORPORATION</StockNm>
        <EOYBookValueAmt>350784</EOYBookValueAmt>
        <EOYFMVAmt>333324</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PEPSICO INC.</StockNm>
        <EOYBookValueAmt>57797</EOYBookValueAmt>
        <EOYFMVAmt>59960</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PRUDENTIAL FINANCIAL INC.</StockNm>
        <EOYBookValueAmt>2207242</EOYBookValueAmt>
        <EOYFMVAmt>2299600</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ROCHE HOLDING AG</StockNm>
        <EOYBookValueAmt>2548771</EOYBookValueAmt>
        <EOYFMVAmt>2532049</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SCHLUMBERGER LIMITED</StockNm>
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        <EOYFMVAmt>2021700</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TEVA PHARMACEUTICAL INDUSTRIES</StockNm>
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        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>THERMO FISHER SCIENTIFIC INC.</StockNm>
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        <EOYFMVAmt>118675</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TRIPADVISOR INC.</StockNm>
        <EOYBookValueAmt>76332</EOYBookValueAmt>
        <EOYFMVAmt>75812</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TWENTY-FIRST CENTURY FOX INC.</StockNm>
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        <EOYFMVAmt>296844</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNITEDHEALTH GROUP INCORP.</StockNm>
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        <EOYFMVAmt>2408526</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VERIZON COMMUNICATIONS INC.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WELLS FARGO &amp; COMPANY</StockNm>
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      <OtherAssetsScheduleGrp>
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        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
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      <OtherAssetsScheduleGrp>
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        <EOYBookValueAmt>390459</EOYBookValueAmt>
        <EOYFMVAmt>36563</EOYFMVAmt>
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      <OtherAssetsScheduleGrp>
        <Desc>CVC EXECUTIVE FUND LLC</Desc>
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        <EOYBookValueAmt>572006</EOYBookValueAmt>
        <EOYFMVAmt>77750</EOYFMVAmt>
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      <OtherAssetsScheduleGrp>
        <Desc>EUROPE ENTERPRISE II ONSHORE</Desc>
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        <EOYBookValueAmt>511774</EOYBookValueAmt>
        <EOYFMVAmt>112584</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>GAVEA FUND PLUS LTD</Desc>
        <BOYBookValueAmt>5000000</BOYBookValueAmt>
        <EOYBookValueAmt>4535147</EOYBookValueAmt>
        <EOYFMVAmt>4606053</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>GLOBAL ATLANTIC FINANCIAL GR</Desc>
        <BOYBookValueAmt>2015851</BOYBookValueAmt>
        <EOYBookValueAmt>2018153</EOYBookValueAmt>
        <EOYFMVAmt>2598700</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>MILLENIUM INTERNATIONAL LTD</Desc>
        <BOYBookValueAmt>15000000</BOYBookValueAmt>
        <EOYBookValueAmt>7500000</EOYBookValueAmt>
        <EOYFMVAmt>10401122</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>MSDC DENALI INVESTORS, LP</Desc>
        <BOYBookValueAmt>1500377</BOYBookValueAmt>
        <EOYBookValueAmt>1500420</EOYBookValueAmt>
        <EOYFMVAmt>2784873</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>PALOMA INTERNATIONAL, LTD</Desc>
        <BOYBookValueAmt>10000000</BOYBookValueAmt>
        <EOYBookValueAmt>10000000</EOYBookValueAmt>
        <EOYFMVAmt>12249816</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>PFM HEALTHCARE OFFSHORE FUND</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>10000000</EOYBookValueAmt>
        <EOYFMVAmt>10485658</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>RRE VENTURES IV LP</Desc>
        <BOYBookValueAmt>1362015</BOYBookValueAmt>
        <EOYBookValueAmt>1251960</EOYBookValueAmt>
        <EOYFMVAmt>3587560</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>RRE VENTURES V LP</Desc>
        <BOYBookValueAmt>2003594</BOYBookValueAmt>
        <EOYBookValueAmt>1952591</EOYBookValueAmt>
        <EOYFMVAmt>4022305</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>STERLING AMERICAN PROPERTY V-C</Desc>
        <BOYBookValueAmt>2941267</BOYBookValueAmt>
        <EOYBookValueAmt>2901849</EOYBookValueAmt>
        <EOYFMVAmt>1723263</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>TEGEAN OFFSHORE FUND, LTD</Desc>
        <BOYBookValueAmt>10733263</BOYBookValueAmt>
        <EOYBookValueAmt>9827995</EOYBookValueAmt>
        <EOYFMVAmt>13073723</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>TWO SIGMA COMPASS CAYMAN FUND</Desc>
        <BOYBookValueAmt>5000000</BOYBookValueAmt>
        <EOYBookValueAmt>5000000</EOYBookValueAmt>
        <EOYFMVAmt>4842341</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>TWO SIGMA SPECTRUM CAYMAN FUND</Desc>
        <BOYBookValueAmt>5000000</BOYBookValueAmt>
        <EOYBookValueAmt>5000000</EOYBookValueAmt>
        <EOYFMVAmt>6700259</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>CVC EXECUTIVE FUND LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>17004</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>17004</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CVC CAPITAL PTRS ASIA PAC II</Desc>
        <RevenueAndExpensesPerBooksAmt>1717</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1717</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>EUROPE ENTERPRISE II ONSHORE</Desc>
        <RevenueAndExpensesPerBooksAmt>10652</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>10652</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>RRE VENTURES IV LP</Desc>
        <RevenueAndExpensesPerBooksAmt>3162</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3157</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>GLOBAL ATLANTIC FINANCIAL GR</Desc>
        <RevenueAndExpensesPerBooksAmt>97</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>97</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>STERLING AMERICAN PROPERTY V-C</Desc>
        <RevenueAndExpensesPerBooksAmt>26896</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>26896</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BLACKSTONE GROUP LP</Desc>
        <RevenueAndExpensesPerBooksAmt>5272</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>5173</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>RRE VENTURES V LP</Desc>
        <RevenueAndExpensesPerBooksAmt>80448</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>80448</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>79</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MSDC DENALI INVESTORS</Desc>
        <RevenueAndExpensesPerBooksAmt>15590</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>15590</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>RRE VENTURES IV MANAGEMENT FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>9197</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>9197</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CARE CAPITAL INVESTMENTS, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>896</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>896</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>EAGLE CAPITAL MANAGEMENT</Desc>
        <RevenueAndExpensesPerBooksAmt>7037</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>7037</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SCHWAB ADR FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>310</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>310</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>CVC EXECUTIVE FUND LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>-376</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-376</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>BLACKSTONE GROUP LP</Desc>
        <RevenueAndExpensesPerBooksAmt>105045</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>29330</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>CVC CAPITAL PARTNERS ASIA PACIFIC II LP</Desc>
        <RevenueAndExpensesPerBooksAmt>-11</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-11</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>EUROPE ENTERPRISE II ONSHORE LP</Desc>
        <RevenueAndExpensesPerBooksAmt>-40</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-40</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>RRE VENTURES IV LP</Desc>
        <RevenueAndExpensesPerBooksAmt>68701</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>69223</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>STERLING AMERICAN PROPERTY V-C, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>283</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>283</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>US TREASURY - 2016 TAX REFUND APPLIED</Desc>
        <RevenueAndExpensesPerBooksAmt>79653</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MADOFF VICTIM FUND - RECOVERY</Desc>
        <RevenueAndExpensesPerBooksAmt>6186</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>6186</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>RRE VENTURES V LP</Desc>
        <RevenueAndExpensesPerBooksAmt>13363</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>13363</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>CERBERUS FIM INVESTORS RESCAP, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>29798</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>29798</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Unrealized Gain on Grants Paid</Desc>
        <RevenueAndExpensesPerBooksAmt>2396333</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>FINANCIAL REPORTING</CategoryTxt>
        <Amt>50850</Amt>
        <NetInvestmentIncomeAmt>50850</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CONSULTING</CategoryTxt>
        <Amt>125000</Amt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>BX FOREIGN TAX PAID</CategoryTxt>
        <Amt>676</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FEDERAL ESTIMATED PAYMENTS</CategoryTxt>
        <Amt>150000</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>STATE FILING FEES</CategoryTxt>
        <Amt>2085</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>OVERPAYMENT APPLIED FROM 2016</CategoryTxt>
        <Amt>79653</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>BAM FOREIGN TAX PAID</CategoryTxt>
        <Amt>14578</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>BAYER FOREIGN TAX PAID</CategoryTxt>
        <Amt>38950</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>SAN FOREIGN TAX PAID</CategoryTxt>
        <Amt>1218</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>