﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2013v3.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2014-09-24T05:03:51-00:00</ReturnTs>
    <TaxPeriodEndDt>2013-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1>JJ Maier CPA</BusinessNameLine1>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1>5385 Kilroy Lane</AddressLine1>
        <City>Douglasville</City>
        <State>GA</State>
        <ZIPCode>30135</ZIPCode>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2013-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>521805567</EIN>
      <BusinessName>
        <BusinessNameLine1>Jerome S &amp; Grace H Murray Foundation</BusinessNameLine1>
      </BusinessName>
      <BusinessNameControlTxt>JERO</BusinessNameControlTxt>
      <PhoneNum>4102575344</PhoneNum>
      <USAddress>
        <AddressLine1>c/o Eileen M Dillon P O Box 227</AddressLine1>
        <City>Owings</City>
        <State>MD</State>
        <ZIPCode>20736</ZIPCode>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>Eileen Dillon</PersonNm>
      <PersonTitleTxt>Trustee</PersonTitleTxt>
      <SignatureDt>2014-09-24</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>JJ Maier</PreparerPersonNm>
      <PhoneNum>7709424163</PhoneNum>
      <PreparationDt>2014-09-24</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <TaxYr>2013</TaxYr>
    <BuildTS>2015-12-30 17:16:21Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="11">
    <IRS990PF referenceDocumentId="990PF:143" documentId="990PF" softwareId="13000230" softwareVersion="13.6.0.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>15499994</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <InterestOnSavRevAndExpnssAmt>116</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>116</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>233706</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>233706</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt referenceDocumentId="990PF:77">1640815</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1641502</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>1640815</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="990PF:79">-666</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>-666</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>1873971</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>1873971</TotalNetInvstIncmAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>60000</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsNetInvstIncmAmt>60000</OthEmplSlrsWgsNetInvstIncmAmt>
        <PensionEmplBnftRevAndExpnssAmt>4500</PensionEmplBnftRevAndExpnssAmt>
        <PensionEmplBnftNetInvstIncmAmt>4500</PensionEmplBnftNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="990PF:81">8325</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>8325</AccountingFeesNetInvstIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="990PF:82">58796</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>58796</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="990PF:83">4838</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>4838</TaxesNetInvstIncmAmt>
        <OccupancyRevAndExpnssAmt>5520</OccupancyRevAndExpnssAmt>
        <OccupancyNetInvstIncmAmt>5520</OccupancyNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="990PF:84">18418</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>18418</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>160397</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>160397</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>711439</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>711439</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>871836</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>160397</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>711439</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>1002135</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>1713574</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>165757</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>182898</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>182898</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>13335054</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="990PF:94">9093424</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>15317096</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>13500811</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>9276322</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>15499994</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>13500811</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>9276322</CapitalStockEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>13500811</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>9276322</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>13500811</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>9276322</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>13500811</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>1002135</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>14502946</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="990PF:141">5226624</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>9276322</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LT Gain ML 02070</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>52849</GrossSalesPriceAmt>
          <GainOrLossAmt>52849</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>52849</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LT Gain ML 04001</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>859445</GrossSalesPriceAmt>
          <GainOrLossAmt>859445</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>859445</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LT Gain ML 04026</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>222180</GrossSalesPriceAmt>
          <GainOrLossAmt>222180</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>222180</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LT Loss ML 04047</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <CostOrOtherBasisAmt>336</CostOrOtherBasisAmt>
          <GainOrLossAmt>-336</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-336</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LT Gain ML 04072</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>244547</GrossSalesPriceAmt>
          <GainOrLossAmt>244547</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>244547</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LT Gain ML 04076</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>47147</GrossSalesPriceAmt>
          <GainOrLossAmt>47147</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>47147</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ST Gain ML 02070</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>4364</GrossSalesPriceAmt>
          <GainOrLossAmt>4364</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4364</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ST Gain ML 04001</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>23373</GrossSalesPriceAmt>
          <GainOrLossAmt>23373</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>23373</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ST Gain ML 04026</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>147580</GrossSalesPriceAmt>
          <GainOrLossAmt>147580</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>147580</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ST Loss ML 04072</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <CostOrOtherBasisAmt>351</CostOrOtherBasisAmt>
          <GainOrLossAmt>-351</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-351</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LT Gain ML 04076</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>7528</GrossSalesPriceAmt>
          <GainOrLossAmt>7528</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>7528</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LT Gain TIFF Partnership</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>32478</GrossSalesPriceAmt>
          <GainOrLossAmt>32478</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>32478</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LT Gain TIFF PEP Partnership</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>8</GrossSalesPriceAmt>
          <GainOrLossAmt>8</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Sec 1256 Gain TIFF PEP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-12-31</SoldDt>
          <GrossSalesPriceAmt>3</GrossSalesPriceAmt>
          <GainOrLossAmt>3</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>1640815</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>174966</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>707524</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>14378573</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>000.049207</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>691364</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>14776957</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>000.046787</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>784716</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>13946521</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>000.056266</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>489392</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>12504582</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>000.039137</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>764097</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>14450822</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>000.052876</DistributionYr5Rt>
        <TotalDistributionRt>000.244273</TotalDistributionRt>
        <AverageDistributionRt>000.048855</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>14727038</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>719489</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>17136</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>736625</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>711439</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>34271</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>34271</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>34271</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>16012</EstimatedPlusOvpmtIncmTxAmt>
        <AppliedToEsTaxAmt>17788</AppliedToEsTaxAmt>
        <TotalPaymentsAndCreditsAmt>33800</TotalPaymentsAndCreditsAmt>
        <OriginalReturnTaxPaidAmt>33800</OriginalReturnTaxPaidAmt>
        <TaxDueAmt>471</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>MD</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>jgmurrayfoundation.org</WebsiteAddressTxt>
        <IndividualWithBooksNm>Eileen M Dillon Trustee</IndividualWithBooksNm>
        <PhoneNum>4102575344</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1>PO Box 227</AddressLine1>
          <City>Owings</City>
          <State>MD</State>
          <ZIPCode>20736</ZIPCode>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>true</UndistributedIncomePYInd>
        <UndistributedIncomePY1Yr>2010</UndistributedIncomePY1Yr>
        <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>
        <MaintainedExpenditureRspnsInd>false</MaintainedExpenditureRspnsInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Eileen M Dillon</PersonNm>
          <USAddress>
            <AddressLine1>PO Box 227</AddressLine1>
            <City>Owings</City>
            <State>MD</State>
            <ZIPCode>20736</ZIPCode>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>002.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Stanton Murray</PersonNm>
          <USAddress>
            <AddressLine1>PO Box 227</AddressLine1>
            <City>Owings</City>
            <State>MD</State>
            <ZIPCode>20736</ZIPCode>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>001.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Leo K Murray</PersonNm>
          <USAddress>
            <AddressLine1>PO Box 227</AddressLine1>
            <City>Owings</City>
            <State>MD</State>
            <ZIPCode>20736</ZIPCode>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>001.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>David Althoff</PersonNm>
          <USAddress>
            <AddressLine1>PO Box 227</AddressLine1>
            <City>Owings</City>
            <State>MD</State>
            <ZIPCode>20736</ZIPCode>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>001.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Cris White</PersonNm>
          <USAddress>
            <AddressLine1>PO Box 227</AddressLine1>
            <City>Owings</City>
            <State>MD</State>
            <ZIPCode>20736</ZIPCode>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>001.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>Kim Harrison</PersonNm>
          <USAddress>
            <AddressLine1>2976 Penwick Ln</AddressLine1>
            <City>Dunkirk</City>
            <State>MD</State>
            <ZIPCode>20754</ZIPCode>
          </USAddress>
          <TitleTxt>Administrator</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>040.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>60000</CompensationAmt>
          <EmployeeBenefitsAmt>4500</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1>Merrill Lynch</BusinessNameLine1>
          </BusinessName>
          <USAddress>
            <AddressLine1>One North Wacker Dr Ste 1950</AddressLine1>
            <City>Chicago</City>
            <State>IL</State>
            <ZIPCode>60606</ZIPCode>
          </USAddress>
          <ServiceTypeTxt>Investments/Investment Advisory</ServiceTypeTxt>
          <CompensationAmt>58796</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1>JJ Maier CPA</BusinessNameLine1>
          </BusinessName>
          <USAddress>
            <AddressLine1>5385 Kilroy Lane</AddressLine1>
            <City>Douglasville</City>
            <State>GA</State>
            <ZIPCode>30135</ZIPCode>
          </USAddress>
          <ServiceTypeTxt>Tax Preparation Record Keeping</ServiceTypeTxt>
          <CompensationAmt>8325</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>N/A</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>14725132</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>226176</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>14951308</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>14951308</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt referenceDocumentId="990PF:185">224270</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>14727038</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>736352</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>736352</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>34271</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>34271</TotalTaxAmt>
        <DistributableBeforeAdjAmt>702081</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>702081</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>702081</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt referenceDocumentId="990PF:186">711439</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>711439</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>711439</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>702081</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>539846</UndistributedIncomePYAmt>
        <PriorYear1Yr>2009</PriorYear1Yr>
        <PriorYear2Yr>2010</PriorYear2Yr>
        <PriorYear3Yr>2011</PriorYear3Yr>
        <TotalForPriorYearsAmt>1678761</TotalForPriorYearsAmt>
        <QualifyingDistributionsAmt>711439</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>539846</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>171593</AppliedToCurrentYearAmt>
        <PriorYearUndistributedIncmAmt>1678761</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>1678761</Taxable1Amt>
        <UndistributedIncomeCYAmt>530488</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>Ms Kim Harrison</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>PO Box 227</AddressLine1>
            <City>Owings</City>
            <State>MD</State>
            <ZIPCode>20736</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNum>4102575344</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>All required forms on website www.jgmurrayfoundation.org</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>Refer to website for deadlines</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>Refer to websit for restrictions or limitations</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>See Attached Statements</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 227</AddressLine1>
            <City>Owings</City>
            <State>MD</State>
            <ZIPCode>20736</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EOF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General</GrantOrContributionPurposeTxt>
          <Amt>711439</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>711439</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>116</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>233706</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>666</ExclusionAmt>
        </OtherInvestmentIncmPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>1640815</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>1873971</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1873971</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>
    <AccountingFeesSchedule documentId="990PF:81" softwareId="13000230" softwareVersion="13.6.0.0">
      <AccountingFeesDetail>
        <CategoryTxt>J.J. Maier, CPA</CategoryTxt>
        <Amt>8325</Amt>
        <NetInvestmentIncomeAmt>8325</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="990PF:77" softwareId="13000230" softwareVersion="13.6.0.0">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LT Gain ML 02070</AssetDesc>
        <AcquiredDt>2012-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>52849</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>52849</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LT Gain ML 04001</AssetDesc>
        <AcquiredDt>2012-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>859445</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>859445</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LT Gain ML 04026</AssetDesc>
        <AcquiredDt>2012-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>222180</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>222180</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LT Loss ML 04047</AssetDesc>
        <AcquiredDt>2012-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <BasisAmt>336</BasisAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>-336</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LT Gain ML 04072</AssetDesc>
        <AcquiredDt>2012-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>244547</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>244547</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LT Gain ML 04076</AssetDesc>
        <AcquiredDt>2012-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>47147</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>47147</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ST Gain ML 02070</AssetDesc>
        <AcquiredDt>2013-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>4364</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>4364</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ST Gain ML 04001</AssetDesc>
        <AcquiredDt>2013-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>23373</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>23373</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ST Gain ML 04026</AssetDesc>
        <AcquiredDt>2013-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>147580</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>147580</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ST Loss ML 04072</AssetDesc>
        <AcquiredDt>2013-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <BasisAmt>351</BasisAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>-351</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LT Gain ML 04076</AssetDesc>
        <AcquiredDt>2012-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>7528</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>7528</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LT Gain TIFF Partnership</AssetDesc>
        <AcquiredDt>2012-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>32478</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>32478</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LT Gain TIFF PEP Partnership</AssetDesc>
        <AcquiredDt>2012-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>8</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>8</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>Sec 1256 Gain TIFF PEP</AssetDesc>
        <AcquiredDt>2012-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2013-12</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1>Murray Foundation</BusinessNameLine1>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>3</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>3</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <GeneralExplanationAttachment documentId="990PF:131" softwareId="13000230" softwareVersion="13.6.0.0"></GeneralExplanationAttachment>
    <InvestmentsCorpStockSchedule documentId="990PF:94" softwareId="13000230" softwareVersion="13.6.0.0">
      <InvestmentsCorporateStockGrp>
        <StockNm>ML 2BL-04001 Stmt A</StockNm>
        <EOYBookValueAmt>8537254</EOYBookValueAmt>
        <EOYFMVAmt>8512739</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ML 2BL-04072 Stmt A</StockNm>
        <EOYBookValueAmt>61227</EOYBookValueAmt>
        <EOYFMVAmt>5505617</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ML 2BL-04076 Stmt A</StockNm>
        <EOYBookValueAmt>17033</EOYBookValueAmt>
        <EOYFMVAmt>793360</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TIFF Secondary Partners 1 Partnership</StockNm>
        <EOYBookValueAmt>270021</EOYBookValueAmt>
        <EOYFMVAmt>270021</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ML 2BL-02070 Stmt A</StockNm>
        <EOYBookValueAmt>194696</EOYBookValueAmt>
        <EOYFMVAmt>222166</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TIFF PEP Partnership</StockNm>
        <EOYBookValueAmt>13193</EOYBookValueAmt>
        <EOYFMVAmt>13193</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherAssetsSchedule documentId="990PF:86" softwareId="13000230" softwareVersion="13.6.0.0"></OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="990PF:141" softwareId="13000230" softwareVersion="13.6.0.0">
      <OtherDecreasesDetail>
        <Description>Unrealized Gain/Loss Different from Book</Description>
        <Amount>5226624</Amount>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="990PF:84" softwareId="13000230" softwareVersion="13.6.0.0">
      <OtherExpensesScheduleGrp>
        <Desc>Certified Fees Merrill Lynch</Desc>
        <RevenueAndExpensesPerBooksAmt>67</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>67</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Miscellaneous Expenses</Desc>
        <RevenueAndExpensesPerBooksAmt>581</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>581</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office Expense Furniture, Maintenance Supplies</Desc>
        <RevenueAndExpensesPerBooksAmt>721</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>721</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office Expense - Computer Software Repairs</Desc>
        <RevenueAndExpensesPerBooksAmt>3863</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3863</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Postage</Desc>
        <RevenueAndExpensesPerBooksAmt>239</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>239</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Telephone</Desc>
        <RevenueAndExpensesPerBooksAmt>1620</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1620</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Bank Service Charges</Desc>
        <RevenueAndExpensesPerBooksAmt>48</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>48</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Portfolio Expense From TIFF K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>7496</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>7496</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Portfolio Expense From TIFF PEP K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>3783</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3783</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="990PF:79" softwareId="13000230" softwareVersion="13.6.0.0">
      <OtherIncomeDetail>
        <Desc>Portfolio Income from TIFF PEP Partnership</Desc>
        <RevenueAndExpensesPerBooksAmt>19</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>19</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Guaranteed payment from TIFF PEP Partnership</Desc>
        <RevenueAndExpensesPerBooksAmt>1</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Ordinary Income from TIFF Partnership</Desc>
        <RevenueAndExpensesPerBooksAmt>-459</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-459</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Ordinary Income from TIFF PEP Partnership</Desc>
        <RevenueAndExpensesPerBooksAmt>-246</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-246</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Royalties from TIFF PEP Partnership</Desc>
        <RevenueAndExpensesPerBooksAmt>19</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>19</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="990PF:82" softwareId="13000230" softwareVersion="13.6.0.0">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>Merrill Lynch Management Fees</CategoryTxt>
        <Amt>58796</Amt>
        <NetInvestmentIncomeAmt>58796</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="990PF:83" softwareId="13000230" softwareVersion="13.6.0.0">
      <TaxesDetail>
        <CategoryTxt>Foreign taxes</CategoryTxt>
        <Amt>163</Amt>
        <NetInvestmentIncomeAmt>163</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Payroll taxes</CategoryTxt>
        <Amt>4675</Amt>
        <NetInvestmentIncomeAmt>4675</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>