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      <ConferencesMeetingsGrp>
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      <InsuranceGrp>
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        <TotalAmt>213642</TotalAmt>
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        <TotalAmt>6205</TotalAmt>
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      <OthNotesLoansReceivableNetGrp>
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        <EOYAmt>25000</EOYAmt>
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      <InventoriesForSaleOrUseGrp>
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      <LandBldgEquipBasisNetGrp>
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      <InvestmentsPubTradedSecGrp>
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      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>1292634</BOYAmt>
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      <ReconcilationRevenueExpnssAmt>163547</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>1475</NetUnrlzdGainsLossesInvstAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
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      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
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    <IRS990ScheduleD documentId="IRS990ScheduleD" softwareId="14000265" softwareVersionNum="2014v5.0">
      <OtherLiabilitiesOrgGrp>
        <Desc>DUE TO MEMBERS</Desc>
        <Amt>535</Amt>
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      <OtherLiabilitiesOrgGrp>
        <Desc>FUND CLEARNING</Desc>
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      <FootnoteTextInd>X</FootnoteTextInd>
      <TotalRevEtcAuditedFinclStmtAmt>811407</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>1475</NetUnrealizedGainsInvstAmt>
      <RevenueNotReportedAmt>1475</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>809932</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>809932</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>646385</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>646385</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>646385</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part X : FIN48 Footnote</FormAndLineReferenceDesc>
        <ExplanationTxt>The Society has adopted the provisions of ASC Topic 740, Income Taxes, relating to the accounting for uncertainty in income taxes. The Society files income tax returns in the U.S. federal jurisdiction and the District of Columbia. With few exceptions, the Management believes the Society is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for years before 2011.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
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      <AccountActivitiesOutsideUSGrp>
        <RegionTxt>Central America &amp;the Caribbean</RegionTxt>
        <OfficesCnt>0</OfficesCnt>
        <EmployeeCnt>0</EmployeeCnt>
        <TypeOfActivitiesConductedTxt>Program Services</TypeOfActivitiesConductedTxt>
        <SpecificServicesProvidedTxt>Annual Meeting</SpecificServicesProvidedTxt>
        <RegionTotalExpendituresAmt>10908</RegionTotalExpendituresAmt>
      </AccountActivitiesOutsideUSGrp>
      <AccountActivitiesOutsideUSGrp>
        <RegionTxt>Europe</RegionTxt>
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        <EmployeeCnt>0</EmployeeCnt>
        <TypeOfActivitiesConductedTxt>Program Services</TypeOfActivitiesConductedTxt>
        <SpecificServicesProvidedTxt>Technology Forum</SpecificServicesProvidedTxt>
        <RegionTotalExpendituresAmt>38264</RegionTotalExpendituresAmt>
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      <AccountActivitiesOutsideUSGrp>
        <RegionTxt>North America</RegionTxt>
        <OfficesCnt>0</OfficesCnt>
        <EmployeeCnt>0</EmployeeCnt>
        <TypeOfActivitiesConductedTxt>Program Services</TypeOfActivitiesConductedTxt>
        <SpecificServicesProvidedTxt>IMDM Meeting</SpecificServicesProvidedTxt>
        <RegionTotalExpendituresAmt>8656</RegionTotalExpendituresAmt>
      </AccountActivitiesOutsideUSGrp>
      <SubtotalSpentAmt>57828</SubtotalSpentAmt>
      <TotalSpentAmt>57828</TotalSpentAmt>
      <TransferToForeignCorpInd>false</TransferToForeignCorpInd>
      <InterestInForeignTrustInd>false</InterestInForeignTrustInd>
      <ForeignCorpOwnershipInd>false</ForeignCorpOwnershipInd>
      <PassiveForeignInvestmestCoInd>false</PassiveForeignInvestmestCoInd>
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      <GrantRecordsMaintainedInd>false</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>LES FOUNDATIoN INC</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1800 DIAGONAL ROAD SUITE 280</AddressLine1Txt>
          <CityNm>ALEXANDRIA</CityNm>
          <StateAbbreviationCd>VA</StateAbbreviationCd>
          <ZIPCd>22314</ZIPCd>
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        <RecipientEIN>542016338</RecipientEIN>
        <CashGrantAmt>16000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>SPONSORSHIP OF STUDENT COMPETITION</PurposeOfGrantTxt>
      </RecipientTable>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company</FormAndLineReferenceDesc>
        <ExplanationTxt>LESI HAS CONTRACTED WITH THE SHERWOOD GROUP TO PROVIDE ACCOUNTING AND FINANCIAL SERVICES TO THE ORGANIZATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder</FormAndLineReferenceDesc>
        <ExplanationTxt>The membership of LESI is composed of member societies. Membership in any of the member societies is limited to natural persons, who, in their professions, engage or have engaged in or otherwise have substantial activities related to the licensing of technology or any related aspect.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 11b: Form 990 Review Process</FormAndLineReferenceDesc>
        <ExplanationTxt>The Form 990 was prepared by outside accountants and reviewed by the U.S.A members of the LESI board. It is also made available to any non-U.S. board members who wants to review it.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</FormAndLineReferenceDesc>
        <ExplanationTxt>COPIES OF LES'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND POLICIES ARE AVAILABLE UPON REQUEST AT THE LESI OFFICE.</ExplanationTxt>
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</Return>