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    <ReturnTs>2017-10-11T12:57:34-07:00</ReturnTs>
    <TaxPeriodEndDt>2016-12-31</TaxPeriodEndDt>
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      <PreparerFirmName>
        <BusinessNameLine1Txt>Jain &amp; Jain PC CPAs</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>77 Sugar Creek Center Blvd Suite 41</AddressLine1Txt>
        <CityNm>Sugar Land</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>77478</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2016-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>201947794</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>DESHPANDE FAMILY FOUNDATION INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>DESH</BusinessNameControlTxt>
      <PhoneNum>4074818191</PhoneNum>
      <USAddress>
        <AddressLine1Txt>5401 S KIRKMAN ROAD SUITE 640</AddressLine1Txt>
        <CityNm>ORLANDO</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>32819</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ANIL DESHPANDE</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>4074818191</PhoneNum>
      <SignatureDt>2017-09-21</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>UMESH JAIN CPA</PreparerPersonNm>
      <PhoneNum>2812422420</PhoneNum>
      <PreparationDt>2017-10-11</PreparationDt>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <IPAddress>
        <IPv4AddressTxt>173.11.195.1</IPv4AddressTxt>
      </IPAddress>
      <IPDt>2017-10-11</IPDt>
      <IPTm>12:56:06</IPTm>
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    <TaxYr>2016</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
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      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1766269</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>56609</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>56609</DividendsNetInvstIncmAmt>
        <CapGainNetIncmNetInvstIncmAmt>20787</CapGainNetIncmNetInvstIncmAmt>
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        <TotalRevAndExpnssAmt>93312</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>114099</TotalNetInvstIncmAmt>
        <OtherProfFeesRevAndExpnssAmt>3000</OtherProfFeesRevAndExpnssAmt>
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        <TaxesRevAndExpnssAmt referenceDocumentId="00000009" referenceDocumentName="TaxesSchedule">380</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>380</TaxesNetInvstIncmAmt>
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        <OtherExpensesAdjNetIncmAmt>6853</OtherExpensesAdjNetIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>10233</TotOprExpensesRevAndExpnssAmt>
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        <TotOprExpensesAdjNetIncmAmt>10233</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>105501</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>105501</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>115734</TotalExpensesRevAndExpnssAmt>
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        <TotalExpensesAdjNetIncmAmt>10233</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>105501</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-22422</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>103866</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>4034</CashBOYAmt>
        <CashEOYAmt>4600</CashEOYAmt>
        <CashEOYFMVAmt>4600</CashEOYFMVAmt>
        <PrepaidExpensesEOYAmt>620</PrepaidExpensesEOYAmt>
        <PrepaidExpensesEOYFMVAmt>620</PrepaidExpensesEOYFMVAmt>
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        <OtherInvestmentsEOYAmt referenceDocumentId="00000002" referenceDocumentName="InvestmentsOtherSchedule2">1235527</OtherInvestmentsEOYAmt>
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        <OtherAssetsBOYAmt referenceDocumentId="00000003" referenceDocumentName="OtherAssetsSchedule">535350</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="00000004" referenceDocumentName="OtherAssetsSchedule">500000</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="00000005" referenceDocumentName="OtherAssetsSchedule">500000</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>1736073</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1740747</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1766269</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
        <UnrestrictedBOYAmt>1736073</UnrestrictedBOYAmt>
        <UnrestrictedEOYAmt>1740747</UnrestrictedEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1736073</TotNetAstOrFundBalancesBOYAmt>
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        <TotalLiabilitiesNetAstBOYAmt>1736073</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1740747</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1736073</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-22422</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="00000008" referenceDocumentName="OtherIncreasesSchedule">27096</OtherIncreasesAmt>
        <SubtotalAmt>1740747</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>1740747</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>STMT A - MORGAN STANLEY #508 119672 117 (LONG TERM)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-01-01</AcquiredDt>
          <SoldDt>2016-12-31</SoldDt>
          <GrossSalesPriceAmt>122979</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>100463</CostOrOtherBasisAmt>
          <GainOrLossAmt>22516</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>22516</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>STMT B - RBC CAPITAL #898 14270 (LONG TERM)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-01-01</AcquiredDt>
          <SoldDt>2016-12-31</SoldDt>
          <GrossSalesPriceAmt>258750</GrossSalesPriceAmt>
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          <GainOrLossAmt>-1729</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
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        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>20787</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>124350</AdjustedQlfyDistriYr1Amt>
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        <AdjustedQlfyDistriYr2Amt>148287</AdjustedQlfyDistriYr2Amt>
        <DistributionYr2Rt>0.000000</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>113652</AdjustedQlfyDistriYr3Amt>
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        <AdjustedQlfyDistriYr4Amt>83735</AdjustedQlfyDistriYr4Amt>
        <DistributionYr4Rt>0.000000</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>62550</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>2112030</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.029616</DistributionYr5Rt>
        <TotalDistributionRt>0.029616</TotalDistributionRt>
        <AverageDistributionRt>0.005923</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>1737545</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>10291</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>1039</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>11330</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>105501</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>1039</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>1039</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>1039</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>620</EstimatedPlusOvpmtIncmTxAmt>
        <AppliedToEsTaxAmt>1000</AppliedToEsTaxAmt>
        <TotalPaymentsAndCreditsAmt>1620</TotalPaymentsAndCreditsAmt>
        <OriginalReturnOverpaymentAmt>-1620</OriginalReturnOverpaymentAmt>
        <OverpaymentAmt>581</OverpaymentAmt>
        <AppliedToESTaxAmt>581</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>FL</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>true</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>ANIL DESHPANDE</IndividualWithBooksNm>
        <PhoneNum>4074818191</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>5401 S KIRKMAN ROAD SUITE 640</AddressLine1Txt>
          <CityNm>ORLANDO</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>32819</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
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      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
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      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ANIL D DESHPANDE</PersonNm>
          <USAddress>
            <AddressLine1Txt>8839 SOUTHERN BREEZE DRIVE</AddressLine1Txt>
            <CityNm>ORLANDO</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32836</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>20.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CHITRA A DESHPANDE</PersonNm>
          <USAddress>
            <AddressLine1Txt>8839 SOUTHERN BREEZE DRIVE</AddressLine1Txt>
            <CityNm>ORLANDO</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32836</ZIPCd>
          </USAddress>
          <TitleTxt>VICE-PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>20.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ANJALI A DESHPANDE</PersonNm>
          <USAddress>
            <AddressLine1Txt>8839 SOUTHERN BREEZE DRIVE</AddressLine1Txt>
            <CityNm>ORLANDO</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32836</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>20.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>THERE WERE NO DIRECT CHARITABLE ACTIVITIES PARTICIPATEDIN DURING 2016. THE FOUNDATION DID, HOWEVER, MAKE DIRECTCHARITABLE CONTRIBUTIONS TO VARIOUS RECOGNIZED CHARITIES.</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
        <Expenses2Amt>0</Expenses2Amt>
        <Expenses3Amt>0</Expenses3Amt>
        <Expenses4Amt>0</Expenses4Amt>
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      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>767956</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>4317</AverageMonthlyCashBalancesAmt>
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        <CashDeemedCharitableAmt>26460</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1737545</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>86877</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
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        <TotalTaxAmt>1039</TotalTaxAmt>
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        <DistributableBeforeDedAmt>85838</DistributableBeforeDedAmt>
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      <QualifyingDistriPartXIIGrp>
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        <QualifyingDistributionsAmt>105501</QualifyingDistributionsAmt>
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        <AdjustedQualifyingDistriAmt>104462</AdjustedQualifyingDistriAmt>
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      <UndistributedIncomeGrp>
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        <ExcessDistributionCyovYr3Amt>15769</ExcessDistributionCyovYr3Amt>
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        <QualifyingDistributionsAmt>105501</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>85775</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>19726</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>193003</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>63</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>193003</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear3Amt>15769</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>59729</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>97779</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>19726</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>ANIL DESHPANDE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>8839 SOUTHERN BREEZE DRIVE</AddressLine1Txt>
            <CityNm>ORLANDO</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32836</ZIPCd>
          </RecipientUSAddress>
          <FormAndInfoAndMaterialsTxt>N/A</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>N/A</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>N/A</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GENERATION OM INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 85</AddressLine1Txt>
            <CityNm>GOLDENROD</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32733</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE/EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ASIAN CULTURAL ASSOCIATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2759 MARSH WREN CIRCLE</AddressLine1Txt>
            <CityNm>LONGWOOD</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32779</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE/EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>8000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JIJNYASA RESEARCH &amp; EDUCATION FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3700 34TH STREET</AddressLine1Txt>
            <CityNm>ORLANDO</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32805</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE/EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HINDU SOCIETY OF CENTRAL FLORIDA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1994 LAKE DRIVE</AddressLine1Txt>
            <CityNm>CASSELBERRY</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32707</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE/EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>9000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GLOBAL CONNECTIONS FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>215 E LIVINGSTON ST</AddressLine1Txt>
            <CityNm>ORLANDO</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32801</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE/EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HINDU AMERICAN FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>910 17TH STREET NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20006</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE/EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>10001</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MANAV MANDIR</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>7400 WAELTI DRIVE</AddressLine1Txt>
            <CityNm>MELBOURNE</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32940</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE/EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MARATHI MANDAL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>709 PICKFAIR TER</AddressLine1Txt>
            <CityNm>LAKE MARY</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32746</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE/EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UCF FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>12424 RESEARCH PARKWAY SUITE 250</AddressLine1Txt>
            <CityNm>ORLANDO</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32826</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE/EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>28500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>INDIAN AMERICAN CHAMBER OF COMMERCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>670 N ORLANDO AVE</AddressLine1Txt>
            <CityNm>MAITLAND</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32751</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE/EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>105501</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>56609</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>36703</ExclusionAmt>
        </OtherInvestmentIncmPartVIIGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>93312</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>93312</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>
    <InvestmentsOtherSchedule2 documentId="00000002">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT-AEGIS-3990070918</CategoryOrItemTxt>
        <BookValueAmt>595063</BookValueAmt>
        <EOYFMVAmt>588748</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT-MS 119672 117</CategoryOrItemTxt>
        <BookValueAmt>148733</BookValueAmt>
        <EOYFMVAmt>180570</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>K-1: 1792 LEE AH INVESTORS LLC</CategoryOrItemTxt>
        <BookValueAmt>127285</BookValueAmt>
        <EOYFMVAmt>127285</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>K-1: ALOMA MIDDLE INVESTORS LLC</CategoryOrItemTxt>
        <BookValueAmt>102266</BookValueAmt>
        <EOYFMVAmt>102266</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>K-1: ALOMA SC INVESTORS LLC</CategoryOrItemTxt>
        <BookValueAmt>197594</BookValueAmt>
        <EOYFMVAmt>197594</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>K-1: TAMPA BA INVESTORS 5 LLC</CategoryOrItemTxt>
        <BookValueAmt>59331</BookValueAmt>
        <EOYFMVAmt>59331</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>K-1: VISTAR ALABAMA</CategoryOrItemTxt>
        <BookValueAmt>5255</BookValueAmt>
        <EOYFMVAmt>5255</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="00000003">
      <OtherAssetsScheduleGrp>
        <Desc>DUE FROM SUPREME EMPIRE CORP</Desc>
        <BOYBookValueAmt>500000</BOYBookValueAmt>
        <EOYBookValueAmt>500000</EOYBookValueAmt>
        <EOYFMVAmt>500000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>UNREALIZED GAINS/LOSSES ON INVESTMENTS</Desc>
        <BOYBookValueAmt>35350</BOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherAssetsSchedule documentId="00000004">
      <OtherAssetsScheduleGrp>
        <Desc>DUE FROM SUPREME EMPIRE CORP</Desc>
        <BOYBookValueAmt>500000</BOYBookValueAmt>
        <EOYBookValueAmt>500000</EOYBookValueAmt>
        <EOYFMVAmt>500000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>UNREALIZED GAINS/LOSSES ON INVESTMENTS</Desc>
        <BOYBookValueAmt>35350</BOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherAssetsSchedule documentId="00000005">
      <OtherAssetsScheduleGrp>
        <Desc>DUE FROM SUPREME EMPIRE CORP</Desc>
        <BOYBookValueAmt>500000</BOYBookValueAmt>
        <EOYBookValueAmt>500000</EOYBookValueAmt>
        <EOYFMVAmt>500000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>UNREALIZED GAINS/LOSSES ON INVESTMENTS</Desc>
        <BOYBookValueAmt>35350</BOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="00000006">
      <OtherExpensesScheduleGrp>
        <Desc>ASSET MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>2166</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2166</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2166</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FOREIGN TAXES ON DIVIDEND</Desc>
        <RevenueAndExpensesPerBooksAmt>36</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>36</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>36</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MARGIN INTEREST</Desc>
        <RevenueAndExpensesPerBooksAmt>4651</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4651</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>4651</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="00000007">
      <OtherIncomeDetail>
        <Desc>INVESTMENT-1792 LEE AH INVESTORS LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>11436</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>11436</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>INVESTMENT-ALOMA MIDDLE INVESTORS</Desc>
        <RevenueAndExpensesPerBooksAmt>4283</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4283</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>INVESTMENT-ALOMA SC INVESTORS LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>20664</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>20664</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>INVESTMENT-VISTAR ALABAMA, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>989</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>989</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>INVESTMENT-TAMPA BA INVESTORS 5 LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>-669</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-669</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="00000008">
      <OtherIncreasesDetail>
        <Desc>NET CAPITAL GAIN</Desc>
        <Amt>27096</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="00000009">
      <TaxesDetail>
        <CategoryTxt>INCOME TAX</CategoryTxt>
        <Amt>380</Amt>
        <NetInvestmentIncomeAmt>380</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>380</AdjustedNetIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>