﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2017v2.2" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2018-11-14T19:27:40-08:00</ReturnTs>
    <TaxPeriodEndDt>2017-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>270955011</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Pamela R Ross CPA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>22739 Federalist Road</AddressLine1Txt>
        <CityNm>Calabasas</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>913024809</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2017-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>956046963</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>DAN MURPHY FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>DANM</BusinessNameControlTxt>
      <PhoneNum>2136233120</PhoneNum>
      <USAddress>
        <AddressLine1Txt>800 WEST SIXTH STREET</AddressLine1Txt>
        <CityNm>LOS ANGELES</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>90017</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>RICHARD A GRANT JR</PersonNm>
      <PersonTitleTxt>President</PersonTitleTxt>
      <SignatureDt>2018-11-14</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Pamela R Ross</PreparerPersonNm>
      <PTIN>P00034695</PTIN>
      <PhoneNum>8186138581</PhoneNum>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <TaxYr>2017</TaxYr>
    <BuildTS>2019-02-21 02:37:17Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="15">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation 990PFBinaryAttachments.1 990PFBinaryAttachments.2 990PFBinaryAttachments.3 990PFBinaryAttachments.4" softwareId="17005038" softwareVersionNum="2017v2.2">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>249813740</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>322756</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>37266</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>37266</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>1514366</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>1514366</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>2745361</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>45956262</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>2745361</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSchedule2">5055138</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>5055138</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>9674887</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>9352131</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>337122</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>121472</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>215650</CompOfcrDirTrstDsbrsChrtblAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>138393</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsDsbrsChrtblAmt>138393</OthEmplSlrsWgsDsbrsChrtblAmt>
        <PensionEmplBnftRevAndExpnssAmt>199958</PensionEmplBnftRevAndExpnssAmt>
        <PensionEmplBnftNetInvstIncmAmt>53432</PensionEmplBnftNetInvstIncmAmt>
        <PensionEmplBnftDsbrsChrtblAmt>146526</PensionEmplBnftDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="LegalFeesSchedule">7851</LegalFeesRevAndExpnssAmt>
        <LegalFeesDsbrsChrtblAmt>7851</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">85350</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>28800</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>56550</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OtherProfessionalFeesSchedule">677753</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>677753</OtherProfFeesNetInvstIncmAmt>
        <InterestRevAndExpnssAmt>3535</InterestRevAndExpnssAmt>
        <InterestDsbrsChrtblAmt>3535</InterestDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">103682</TaxesRevAndExpnssAmt>
        <TaxesDsbrsChrtblAmt>568</TaxesDsbrsChrtblAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="DepreciationSchedule">14832</DeprecAndDpltnRevAndExpnssAmt>
        <OccupancyRevAndExpnssAmt>89604</OccupancyRevAndExpnssAmt>
        <OccupancyNetInvstIncmAmt>19372</OccupancyNetInvstIncmAmt>
        <OccupancyDsbrsChrtblAmt>70232</OccupancyDsbrsChrtblAmt>
        <TravConfMeetingRevAndExpnssAmt>17031</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingDsbrsChrtblAmt>17031</TravConfMeetingDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">49781</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>6766</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>43015</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>1724892</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>907595</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>699351</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>8809050</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>9809050</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>10533942</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>907595</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>10508401</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-859055</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>8444536</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>274358</CashBOYAmt>
        <CashEOYAmt>327276</CashEOYAmt>
        <CashEOYFMVAmt>327276</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>3154939</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>2923224</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>2923224</SavAndTempCashInvstEOYFMVAmt>
        <PrepaidExpensesBOYAmt>188166</PrepaidExpensesBOYAmt>
        <PrepaidExpensesEOYAmt>79245</PrepaidExpensesEOYAmt>
        <PrepaidExpensesEOYFMVAmt>79245</PrepaidExpensesEOYFMVAmt>
        <USGovernmentObligationsBOYAmt>14710475</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt referenceDocumentId="InvestmentsGovtObligationsSche">17891730</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>17891730</USGovtObligationsEOYFMVAmt>
        <CorporateStockBOYAmt>115806505</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">132029104</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>132029104</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>5932566</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="InvestmentsCorpBondsSchedule">6249952</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>6249952</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>77089720</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2">79140777</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>79140777</OtherInvestmentsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>129034</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>109142</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>34724</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="LandEtcSchedule2">19892</LandEOYAmt>
        <LandEOYFMVAmt>19892</LandEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="OtherAssetsSchedule">7467624</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="OtherAssetsSchedule">11152540</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="OtherAssetsSchedule">11152540</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>224659077</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>249813740</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>249813740</TotalAssetsEOYFMVAmt>
        <AccountsPayableBOYAmt>228376</AccountsPayableBOYAmt>
        <AccountsPayableEOYAmt>223798</AccountsPayableEOYAmt>
        <GrantsPayableBOYAmt>1000000</GrantsPayableBOYAmt>
        <TotalLiabilitiesBOYAmt>1228376</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>223798</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
        <UnrestrictedBOYAmt>216910435</UnrestrictedBOYAmt>
        <UnrestrictedEOYAmt>242747420</UnrestrictedEOYAmt>
        <TemporarilyRestrictedBOYAmt>6520266</TemporarilyRestrictedBOYAmt>
        <TemporarilyRestrictedEOYAmt>6842522</TemporarilyRestrictedEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>223430701</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>249589942</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>224659077</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>249813740</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>223430701</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-859055</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSchedule">27018296</OtherIncreasesAmt>
        <SubtotalAmt>249589942</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>249589942</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ABDIEL QUALIFIED OFFSHORE PARTNERS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-09-17</AcquiredDt>
          <SoldDt>2017-11-30</SoldDt>
          <GrossSalesPriceAmt>2000000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>757500</CostOrOtherBasisAmt>
          <GainOrLossAmt>1242500</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1242500</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>DIMENSIONAL EMERGING MARKETS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-09-10</AcquiredDt>
          <SoldDt>2017-06-30</SoldDt>
          <GrossSalesPriceAmt>2500000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2570270</CostOrOtherBasisAmt>
          <GainOrLossAmt>-70270</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-70270</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FORCE CAPITAL II</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-11-01</AcquiredDt>
          <SoldDt>2017-06-30</SoldDt>
          <GrossSalesPriceAmt>3700267</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4000000</CostOrOtherBasisAmt>
          <GainOrLossAmt>-299733</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-299733</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GREENLIGHT CAPITAL OFFSHORE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-12-01</AcquiredDt>
          <SoldDt>2017-12-31</SoldDt>
          <GrossSalesPriceAmt>2550723</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3000000</CostOrOtherBasisAmt>
          <GainOrLossAmt>-449277</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-449277</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>KNIGHTHEAD OFFSHORE FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-06-30</AcquiredDt>
          <SoldDt>2017-12-31</SoldDt>
          <GrossSalesPriceAmt>1058989</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1225161</CostOrOtherBasisAmt>
          <GainOrLossAmt>-166172</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-166172</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VANGUARD ST BOND FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-11-11</AcquiredDt>
          <SoldDt>2017-06-30</SoldDt>
          <GrossSalesPriceAmt>3000000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3008587</CostOrOtherBasisAmt>
          <GainOrLossAmt>-8587</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-8587</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VANGUARD EMERGING MKTS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2011-11-11</AcquiredDt>
          <SoldDt>2017-06-30</SoldDt>
          <GrossSalesPriceAmt>2500000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2662889</CostOrOtherBasisAmt>
          <GainOrLossAmt>-162889</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-162889</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>VANGUARD INST INDEX</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-11-11</AcquiredDt>
          <SoldDt>2017-02-28</SoldDt>
          <GrossSalesPriceAmt>2000000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1820399</CostOrOtherBasisAmt>
          <GainOrLossAmt>179601</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>179601</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>RS INVESTMENTS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-11</AcquiredDt>
          <SoldDt>2017-03-31</SoldDt>
          <GrossSalesPriceAmt>1000000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1537957</CostOrOtherBasisAmt>
          <GainOrLossAmt>-537957</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-537957</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LITESPEED OFFSHORE FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-05-30</AcquiredDt>
          <SoldDt>2017-07-31</SoldDt>
          <GrossSalesPriceAmt>3876633</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4500000</CostOrOtherBasisAmt>
          <GainOrLossAmt>-623367</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-623367</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BUENA VISTA ASIAN OPPORTUNITIES OFFSHORE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-12-30</AcquiredDt>
          <SoldDt>2017-10-31</SoldDt>
          <GrossSalesPriceAmt>5108024</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4500000</CostOrOtherBasisAmt>
          <GainOrLossAmt>608024</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>608024</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CEVIAN CAPITAL II</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-10-01</AcquiredDt>
          <SoldDt>2017-10-31</SoldDt>
          <GrossSalesPriceAmt>6312100</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5000000</CostOrOtherBasisAmt>
          <GainOrLossAmt>1312100</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1312100</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>HS GROWTH</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-11-11</AcquiredDt>
          <SoldDt>2017-01-11</SoldDt>
          <GrossSalesPriceAmt>6179197</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5072326</CostOrOtherBasisAmt>
          <GainOrLossAmt>1106871</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1106871</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NEUMEIER POMA</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-11</AcquiredDt>
          <SoldDt>2017-11-11</SoldDt>
          <GrossSalesPriceAmt>4170329</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3555812</CostOrOtherBasisAmt>
          <GainOrLossAmt>614517</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>614517</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>2745361</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>10130427</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>201821204</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.05020</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>11104824</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>204230454</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.05437</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>11660914</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>219192461</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.05320</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>10561230</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>208869942</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.05056</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>11203303</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>202529879</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.05532</DistributionYr5Rt>
        <TotalDistributionRt>0.263649</TotalDistributionRt>
        <AverageDistributionRt>0.052730</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>227918804</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>12018159</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>84445</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>12102604</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>10508401</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>168891</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>168891</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>168891</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>145173</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>145173</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="IRS2220">X</Form2220AttachedInd>
        <EsPenaltyAmt>422</EsPenaltyAmt>
        <TaxDueAmt>24140</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>true</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>true</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>true</Form990TFiledInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>HEIDI TALBOTT</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>2136233120</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>800 WEST SIXTH STREET</AddressLine1Txt>
          <CityNm>LOS ANGELES</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>90017</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>true</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <ExcessBusinessHoldingsInd>false</ExcessBusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>false</TransactionsFailToQlfyAsExcInd>
        <MaintainedExpenditureRspnsInd>false</MaintainedExpenditureRspnsInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <ProceedsOrNetIncomeInd>false</ProceedsOrNetIncomeInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>RICHARD A GRANT JR</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 W SIXTH STREET</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>188356</CompensationAmt>
          <EmployeeBenefitProgramAmt>33469</EmployeeBenefitProgramAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>EDWARD A LANDRY</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 W SIXTH STREET</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JEREMIAH T MURPHY</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 W SIXTH STREET</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
          </USAddress>
          <TitleTxt>Secretary</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DEBRA KAY DUNCAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 W SIXTH STREET</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
          </USAddress>
          <TitleTxt>Executive Dir.</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>148766</CompensationAmt>
          <EmployeeBenefitProgramAmt>58379</EmployeeBenefitProgramAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JULIA D SCHWARTZ</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 W SIXTH STREET</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>FREDERICK J RUOPP</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 W SIXTH STREET</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JON L REWINSKI</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 W SIXTH STREET</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JOE SANDERS</PersonNm>
          <USAddress>
            <AddressLine1Txt>1240 W SIXTH STREET</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>NORA URREA</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 W SIXTH STREET</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DAVID FUHRMAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 W SIXTH STREET</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PATTY MCKENNA</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 W SIXTH STREET</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>HEIDI TALBOTT</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 W SIXTH STREET</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90016</ZIPCd>
          </USAddress>
          <TitleTxt>GRANTS ADMIN</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>97125</CompensationAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>CAMBRIDGE ASSOCIATES</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>2730 SAND HILL ROAD</AddressLine1Txt>
            <CityNm>MENLO PARK</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94025</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT MGMT</ServiceTypeTxt>
          <CompensationAmt>453842</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <PersonNm>WELLINGTON MANAGEMENT</PersonNm>
          <USAddress>
            <AddressLine1Txt>280 CONGRESS STREET</AddressLine1Txt>
            <CityNm>BOSTON</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02210</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT MGMT</ServiceTypeTxt>
          <CompensationAmt>72186</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>NEUMEIER POMA INVESTMENT COUNSEL</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>26435 CARMEL RANCHO BLVD</AddressLine1Txt>
            <CityNm>CARMEL</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93923</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT MGMT</ServiceTypeTxt>
          <CompensationAmt>62360</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>PAMELA R ROSS CPA</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>22739 FEDERALIST ROAD</AddressLine1Txt>
            <CityNm>CALABASAS</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91302</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>ACCOUNTING</ServiceTypeTxt>
          <CompensationAmt>57600</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <PersonNm>HS MANAGEMENT</PersonNm>
          <USAddress>
            <AddressLine1Txt>640 5TH AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10019</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT MGMT</ServiceTypeTxt>
          <CompensationAmt>89365</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>225284633</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>4641369</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>1463647</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>231389649</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>231389649</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>3470845</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>227918804</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>11395940</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>11395940</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>168891</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>168891</TotalTaxAmt>
        <DistributableBeforeAdjAmt>11227049</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>11227049</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>11227049</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>10508401</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>10508401</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>10508401</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>11227049</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>1240327</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>511781</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>962827</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>988925</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>52481</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>3756341</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>10508401</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>10508401</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>718648</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>718648</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>3037693</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>521679</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>2516014</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>511781</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>962827</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>988925</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>52481</ExcessFromYear1Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>DAN MURPHY FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>800 W SIXTH STREET</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>2136233120</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>WRITTEN REQUEST BY INVITATION ONLY</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>YEAR ROUND</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>NONE</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SEE ATTACHMENT A</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>SEE ATTACHMENT A</AddressLine1Txt>
            <CityNm>SEE ATTACHMENT A</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>00000</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>9809050</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>9809050</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>37266</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1514366</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2745361</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>K-1 Income</Desc>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>4915007</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>MISCELLANEOUS INCOME</Desc>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>140131</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>9352131</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>9352131</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" softwareId="17005038" softwareVersionNum="2017v2.2">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>ROSEMARY B DONOHUE CRT</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>ONE WILSHIRE BLVD</AddressLine1Txt>
          <CityNm>LOS ANGELES</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>90017</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>147838</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>JULIA ANN DONOHUE CRT</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>ONE WILSHIRE BLVD</AddressLine1Txt>
          <CityNm>LOS ANGELES</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>90017</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>174292</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <AccountingFeesDetail>
        <CategoryTxt>GREEN HASSON &amp; JANKS</CategoryTxt>
        <Amt>27750</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>27750</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>PAMELA R ROSS</CategoryTxt>
        <Amt>57600</Amt>
        <NetInvestmentIncomeAmt>28800</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>28800</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <DepreciationPropertyGrp>
        <PropertyDesc>LEASEHOLD IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2012-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>47244</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>32058</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
        <CurrentYearExpenseAmt>6749</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>CABINETRY</PropertyDesc>
        <AcquiredDt>2012-05-08</AcquiredDt>
        <CostOrOtherBasisAmt>10897</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>7265</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
        <CurrentYearExpenseAmt>1557</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AUDIO VISUAL EQUIPMENT</PropertyDesc>
        <AcquiredDt>2012-08-14</AcquiredDt>
        <CostOrOtherBasisAmt>13309</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>11756</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
        <CurrentYearExpenseAmt>1553</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>CONFERENCE ROOM CHAIRS</PropertyDesc>
        <AcquiredDt>2012-11-08</AcquiredDt>
        <CostOrOtherBasisAmt>12854</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>7651</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
        <CurrentYearExpenseAmt>1836</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>DESKS AND CHAIRS</PropertyDesc>
        <AcquiredDt>2012-12-07</AcquiredDt>
        <CostOrOtherBasisAmt>21960</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>12810</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7.0000</LifeRt>
        <CurrentYearExpenseAmt>3137</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <InvestmentsCorporateBondsGrp>
        <BondNm>1607 CAPITAL PARTNERS</BondNm>
        <EOYBookValueAmt>6249952</EOYBookValueAmt>
        <EOYFMVAmt>6249952</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <InvestmentsCorporateStockGrp>
        <StockNm>ABDIEL QUALIFIED</StockNm>
        <EOYBookValueAmt>8507023</EOYBookValueAmt>
        <EOYFMVAmt>8507023</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HS CONCENTRATED QUALITY GROWTH</StockNm>
        <EOYBookValueAmt>10659448</EOYBookValueAmt>
        <EOYFMVAmt>10659448</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TWO SIGMA US ALL CAP</StockNm>
        <EOYBookValueAmt>23726084</EOYBookValueAmt>
        <EOYFMVAmt>23726084</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1607 CAPITAL PARTNERS INT'L</StockNm>
        <EOYBookValueAmt>23395315</EOYBookValueAmt>
        <EOYFMVAmt>23395315</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CEVIAN CAPITAL II</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GARDNER RUSSO GLOBAL EQUITY</StockNm>
        <EOYBookValueAmt>8538132</EOYBookValueAmt>
        <EOYFMVAmt>8538132</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KABOUTER INT'L</StockNm>
        <EOYBookValueAmt>8117412</EOYBookValueAmt>
        <EOYFMVAmt>8117412</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BUENA VISTA ASIAN</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DFA EMERGING MARKETS</StockNm>
        <EOYBookValueAmt>5955002</EOYBookValueAmt>
        <EOYFMVAmt>5955002</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RS INVESTMENTS</StockNm>
        <EOYBookValueAmt>5236317</EOYBookValueAmt>
        <EOYFMVAmt>5236317</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD MUTUAL FUNDS</StockNm>
        <EOYBookValueAmt>21758112</EOYBookValueAmt>
        <EOYFMVAmt>21758112</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEUMEIER POMA</StockNm>
        <EOYBookValueAmt>6935217</EOYBookValueAmt>
        <EOYFMVAmt>6935217</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WELLINGTON TRUST CO</StockNm>
        <EOYBookValueAmt>9201042</EOYBookValueAmt>
        <EOYFMVAmt>9201042</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="InvestmentsGovtObligationsSche" softwareId="17005038" softwareVersionNum="2017v2.2">
      <USGovtObligationsBookVlEOYAmt>17891730</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>17891730</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2" softwareId="17005038" softwareVersionNum="2017v2.2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FORCE CAPITAL II</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GREENLIGHT CAPITAL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LUXOR CAPITAL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>475169</BookValueAmt>
        <EOYFMVAmt>475169</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>OWL CREEK</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>3607492</BookValueAmt>
        <EOYFMVAmt>3607492</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>THIRD POINT</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>4923821</BookValueAmt>
        <EOYFMVAmt>4923821</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>BLACKSTONE STRATEGIC ALLIANCE</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1934653</BookValueAmt>
        <EOYFMVAmt>1934653</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MS CAPITAL PARTNERS IV</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MS GLOBAL DISTRESSED</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>3811079</BookValueAmt>
        <EOYFMVAmt>3811079</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MS PRIVATE EQUITY ASIA</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>997701</BookValueAmt>
        <EOYFMVAmt>997701</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MS PRIVATE III CAYMAN</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>2992706</BookValueAmt>
        <EOYFMVAmt>2992706</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MSDW VENTURE IV</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>26576</BookValueAmt>
        <EOYFMVAmt>26576</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>RIALTO REAL ESTATE FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>4121356</BookValueAmt>
        <EOYFMVAmt>4121356</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ALPHAKEYS REAL ESTATE FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>4259742</BookValueAmt>
        <EOYFMVAmt>4259742</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>KNIGHTHEAD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LITESPEED</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>TACONIC OPPORTUNITY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>6616025</BookValueAmt>
        <EOYFMVAmt>6616025</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>YORK CREDIT OPPORTUNITIES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>5730347</BookValueAmt>
        <EOYFMVAmt>5730347</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>HARVEST MLP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>8459981</BookValueAmt>
        <EOYFMVAmt>8459981</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GREENSPRING ASSOCIATES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>3569955</BookValueAmt>
        <EOYFMVAmt>3569955</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CENTERGATE CAPITAL PARTNERS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>138601</BookValueAmt>
        <EOYFMVAmt>138601</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DENHAM OIL &amp; GAS FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1038363</BookValueAmt>
        <EOYFMVAmt>1038363</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PELICAN ENERGY PARTNERS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1987311</BookValueAmt>
        <EOYFMVAmt>1987311</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AQR STYLE PREMIA</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>5679743</BookValueAmt>
        <EOYFMVAmt>5679743</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ROW DIVERSIFIED OFFSHORE</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>4670987</BookValueAmt>
        <EOYFMVAmt>4670987</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>OVERLOOK PARTNERS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>5531023</BookValueAmt>
        <EOYFMVAmt>5531023</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>BERTRAM GROWTH</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>925883</BookValueAmt>
        <EOYFMVAmt>925883</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LONE STAR X</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>14867</BookValueAmt>
        <EOYFMVAmt>14867</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DAVIDSON KEMPNER</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>7627396</BookValueAmt>
        <EOYFMVAmt>7627396</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="LandEtcSchedule2" softwareId="17005038" softwareVersionNum="2017v2.2">
      <LandEtcGrp>
        <CategoryOrItemTxt>Miscellaneous</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>129034</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>109142</AccumulatedDepreciationAmt>
        <BookValueAmt>19892</BookValueAmt>
        <EOYFMVAmt>19892</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="LegalFeesSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <LegalFeesGrp>
        <CategoryTxt>LOEB &amp; LOEB</CategoryTxt>
        <LegalFeesAmt>1918</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1918</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
      <LegalFeesGrp>
        <CategoryTxt>MUSICK PEELER &amp; GARRETT</CategoryTxt>
        <LegalFeesAmt>5933</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5933</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <OtherAssetsScheduleGrp>
        <Desc>BENEFICIAL INTEREST IN CRT</Desc>
        <BOYBookValueAmt>6520266</BOYBookValueAmt>
        <EOYBookValueAmt>6842522</EOYBookValueAmt>
        <EOYFMVAmt>6842522</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>INVESTMENT CASH RECEIVABLE</Desc>
        <BOYBookValueAmt>917456</BOYBookValueAmt>
        <EOYBookValueAmt>4280116</EOYBookValueAmt>
        <EOYFMVAmt>4280116</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>KINGS COUNTY PARTNERSHIP</Desc>
        <BOYBookValueAmt>29902</BOYBookValueAmt>
        <EOYBookValueAmt>29902</EOYBookValueAmt>
        <EOYFMVAmt>29902</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <OtherExpensesScheduleGrp>
        <Desc>COMPUTER SERVICE AND SUPPORT</Desc>
        <RevenueAndExpensesPerBooksAmt>12254</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>12254</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DUES AND SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>2619</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>2619</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>11720</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>11720</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS INVESTMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>6766</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>6766</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>13372</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>13372</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>3050</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>3050</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="17005038" softwareVersionNum="2017v2.2">
      <OtherIncomeDetail>
        <Desc>K-1 Income</Desc>
        <RevenueAndExpensesPerBooksAmt>4915007</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4915007</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MISCELLANEOUS INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>140131</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>140131</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CAMBRIDGE ASSOCIATES</CategoryTxt>
        <Amt>453842</Amt>
        <NetInvestmentIncomeAmt>453842</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>HS MANAGEMENT</CategoryTxt>
        <Amt>89365</Amt>
        <NetInvestmentIncomeAmt>89365</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>NEUMEIER POMA</CategoryTxt>
        <Amt>62360</Amt>
        <NetInvestmentIncomeAmt>62360</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>WELLINGTON</CategoryTxt>
        <Amt>72186</Amt>
        <NetInvestmentIncomeAmt>72186</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAXES</CategoryTxt>
        <Amt>103114</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAXES</CategoryTxt>
        <Amt>568</Amt>
        <DisbursementsCharitablePrpsAmt>568</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>