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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LOSS ON REDEMPTION OF YORK MULTI-STRATEGY FUND SHARES</PropertyDesc>
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        <CapitalGainNetIncomeAmt>-894732</CapitalGainNetIncomeAmt>
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      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>19012</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
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        <SubtitleATaxAmt>0</SubtitleATaxAmt>
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        <OverpaymentAmt>74677</OverpaymentAmt>
        <AppliedToESTaxAmt>74677</AppliedToESTaxAmt>
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      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
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        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>FRANK RIMERMAN CO LLP</BusinessNameLine1Txt>
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        <LocationOfBooksUSAddress>
          <AddressLine1Txt>1801 PAGE MILL ROAD</AddressLine1Txt>
          <CityNm>PALO ALTO</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
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        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
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        <GrantsToOrganizationsInd>1</GrantsToOrganizationsInd>
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      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
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          <USAddress>
            <AddressLine1Txt>1801 PAGE MILL ROAD</AddressLine1Txt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KEVIN MCAULIFFE</PersonNm>
          <USAddress>
            <AddressLine1Txt>1801 PAGE MILL ROAD</AddressLine1Txt>
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            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94304</ZIPCd>
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          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.25</AverageHrsPerWkDevotedToPosRt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DAVID HITZ</PersonNm>
          <USAddress>
            <AddressLine1Txt>1801 PAGE MILL ROAD</AddressLine1Txt>
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            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94304</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER/CHAIRMAN</TitleTxt>
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          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>FRANK RIMERMAN CO LLP</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1801 PAGE MILL ROAD</AddressLine1Txt>
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            <StateAbbreviationCd>CA</StateAbbreviationCd>
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          </USAddress>
          <ServiceTypeTxt>ACCOUNTING</ServiceTypeTxt>
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        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>CORIENT PRIVATE WEALTH LLC</BusinessNameLine1Txt>
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          <USAddress>
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      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>3848154</MinimumInvestmentReturnAmt>
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      <PFQualifyingDistributionsGrp>
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        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>4427765</QualifyingDistributionsAmt>
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        <QualifyingDistributionsAmt>4427765</QualifyingDistributionsAmt>
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        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
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        <Taxable1Amt>0</Taxable1Amt>
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        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
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            <BusinessNameLine1Txt>ARIZONA STATE UNIVERSITY FOUNDATION</BusinessNameLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GLOBAL DIGITAL HERITAGE</BusinessNameLine1Txt>
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            <AddressLine1Txt>6014 US HWY 19</AddressLine1Txt>
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          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
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            <ZIPCd>97520</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PACUNAM</BusinessNameLine1Txt>
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            <CountryCd>GT</CountryCd>
            <ForeignPostalCd>01009</ForeignPostalCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ROOSEVELT INSTITUTE</BusinessNameLine1Txt>
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            <AddressLine1Txt>570 LEXINGTON AVENUE 5TH FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WORLD MONUMENTS FUND</BusinessNameLine1Txt>
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          <LineNumberTxt>3</LineNumberTxt>
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        <RlnOfActyToAccomOfExmptPrpsGrp>
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      <ContributorInformationGrp>
        <ContributorNum>4</ContributorNum>
        <ContributorPersonNm>DAVID HITZ</ContributorPersonNm>
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          <CityNm>PALO ALTO</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>94304</ZIPCd>
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        <TotalContributionsAmt>3680000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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      <ContributorInformationGrp>
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        <ContributorPersonNm>DAVID HITZ</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>1801 PAGE MILL ROAD</AddressLine1Txt>
          <CityNm>PALO ALTO</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>94304</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>40553</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>6</ContributorNum>
        <ContributorPersonNm>DAVID HITZ</ContributorPersonNm>
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        <NoncashContributionInd>X</NoncashContributionInd>
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      <NonCashPropertyContributionGrp>
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    </IRS990ScheduleB>
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          <AddressLine2Txt>CORPORACION DE OCCIDE</AddressLine2Txt>
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          <CountryCd>GT</CountryCd>
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      <ExpenditureResponsibilityGrp>
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        <DatesOfReportsByGranteeTxt>DECEMBER 2022</DatesOfReportsByGranteeTxt>
        <ResultsOfVerificationTxt>THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.</ResultsOfVerificationTxt>
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      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>WAKA RESEARCH FOUNDATION</BusinessNameLine1Txt>
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        <USAddress>
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          <CityNm>ST LOUIS</CityNm>
          <StateAbbreviationCd>MO</StateAbbreviationCd>
          <ZIPCd>63102</ZIPCd>
        </USAddress>
        <GrantDt>2022-12-19</GrantDt>
        <GrantAmt>70000</GrantAmt>
        <PurposeOfGrantTxt>TO DIRECTLY SUPPORT THE ACTIVITIES OF THE WAKA RESEARCH FOUNDATION TO HELP CONDUCT ARCHAEOLOGICAL RESEARCH, PROTECTION OF THE NATURAL AREA, AND RELATIONS WITH THE Q'EQCHI COMMUNITY OF THE SITES OF EL TINTAL AND EL PERU-WAKA', BOTH LOCATED IN NORTHWESTERN PETEN, GUATEMALA.TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN ACTIVITY FOR WHICH THE GRANT WAS ORIGINALLY MADE.</PurposeOfGrantTxt>
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        <DatesOfReportsByGranteeTxt>DECEMBER 2022</DatesOfReportsByGranteeTxt>
        <ResultsOfVerificationTxt>THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.</ResultsOfVerificationTxt>
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    </ExpenditureResponsibilityStmt>
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      <InvestmentsOtherGrp>
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        <EOYFMVAmt>47444018</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN CLYDE FINANCE</CategoryOrItemTxt>
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        <EOYFMVAmt>200000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN ENERGY MATERIALS CORPORATION</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>225000</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN FRANKLIN TEMPLETON REAL ESTATE FUND IIIB</CategoryOrItemTxt>
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        <EOYFMVAmt>675975</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN GERENUK HOLDINGS LLC</CategoryOrItemTxt>
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        <EOYFMVAmt>1005983</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN LEGACY VENTURE V</CategoryOrItemTxt>
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        <EOYFMVAmt>407301</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN METROPOLITAN REAL ESTATE PARTNERS GLOBAL V, LP</CategoryOrItemTxt>
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        <EOYFMVAmt>184551</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN METROPOLITAN REAL ESTATE PARTNERS GLOBAL VII, LP</CategoryOrItemTxt>
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        <EOYFMVAmt>303345</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN NORTHGATE PRIVATE EQUITY PARTNERS III-B3</CategoryOrItemTxt>
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        <EOYFMVAmt>135913</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN NORTHGATE V-B, LP</CategoryOrItemTxt>
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        <BookValueAmt>619139</BookValueAmt>
        <EOYFMVAmt>782203</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN NORTHGATE VENTURE PARTNERS III</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>133356</BookValueAmt>
        <EOYFMVAmt>168671</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN NORTHGATE VENTURE PARTNERS VII</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>203365</BookValueAmt>
        <EOYFMVAmt>524078</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN NORTHGATE VI-B VC, LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>488102</BookValueAmt>
        <EOYFMVAmt>1278715</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN STRATEGIC PARTNERS FUND VII LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>501606</BookValueAmt>
        <EOYFMVAmt>511652</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN STRATEGIC PARTNERS OFFSHORE FUND VIII LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>599427</BookValueAmt>
        <EOYFMVAmt>825133</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN TOWNSEND BALANCED REAL ESTATE FUND LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>4361779</BookValueAmt>
        <EOYFMVAmt>6108921</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN TOWNSEND REAL ESTATE ALPHA FUND I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>81283</BookValueAmt>
        <EOYFMVAmt>41432</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN TOWNSEND REAL ESTATE ALPHA FUND II</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>496602</BookValueAmt>
        <EOYFMVAmt>350496</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN YORK MULTI-STRATEGY FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>176530</BookValueAmt>
        <EOYFMVAmt>221078</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN NATIVE CREATIVE PODCAST</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1500000</BookValueAmt>
        <EOYFMVAmt>1500000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN PAPEF IX</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>579631</BookValueAmt>
        <EOYFMVAmt>579631</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN STRATEGIC PARTNERS OFFSHORE FUND IX LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>364025</BookValueAmt>
        <EOYFMVAmt>364025</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN SCULPTOR OVERSEAS FUND II</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>3500000</BookValueAmt>
        <EOYFMVAmt>3107098</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN MOLECULE OFFSHORE</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>2800000</BookValueAmt>
        <EOYFMVAmt>3687290</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssetsScheduleGrp>
        <Desc>AADMI CONSULTING REFUNDABLE PAYROLL DEPOSIT</Desc>
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        <EOYBookValueAmt>20318</EOYBookValueAmt>
        <EOYFMVAmt>20318</EOYFMVAmt>
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    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreasesDetail>
        <Desc>OTHER INCREASE/DECREASE</Desc>
        <Amt>4382984</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>OTHER DEDUCTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>4038</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3052</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NON-DEDUCTIBLE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>1095</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO DEDUCTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>166631</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>166631</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>CHARITABLE CONTRIBUTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>151</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>151</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>530</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>530</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>11400</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1140</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
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        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>65779</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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        <Desc>LEGACY VENTURE V (QP), LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>3010</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3010</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>3010</AdjustedNetIncomeAmt>
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      <OtherIncomeDetail>
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        <RevenueAndExpensesPerBooksAmt>1</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1</AdjustedNetIncomeAmt>
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        <Desc>NORTHGATE VENTURE PARTNERS VII LP</Desc>
        <RevenueAndExpensesPerBooksAmt>819</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>819</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>819</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>NORTHGATE PRIVATE EQUITY PARTNERS III B-3, L.P.</Desc>
        <RevenueAndExpensesPerBooksAmt>210</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>509</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>210</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>NORTHGATE V-B, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>2282</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3236</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2282</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>METROPOLITAN REAL ESTATE PARTNERS GLOBAL V, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>6366</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>6878</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>6366</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>TOWNSEND REAL ESTATE ALPHA FUND I, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>-213</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-836</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-213</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>TOWNSEND REAL ESTATE ALPHA FUND II, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>21528</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>21528</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>21528</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>METROPOLITAN REAL ESTATE PARTNERS GLOBAL VII, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>-5060</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-5467</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-5060</AdjustedNetIncomeAmt>
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      <OtherIncomeDetail>
        <Desc>NORTHGATE VI-B VC, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>-4</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-4</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-4</AdjustedNetIncomeAmt>
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      <OtherIncomeDetail>
        <Desc>STRATEGIC PARTNERS FUND VII LP</Desc>
        <RevenueAndExpensesPerBooksAmt>6038</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2182</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>6038</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>TOWNSEND BALANCED REAL ESTATE FUND LP</Desc>
        <RevenueAndExpensesPerBooksAmt>-15155</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>5196</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-15155</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>FRANKLIN TEMPLETON PRIVATE REAL ESTATE FUND</Desc>
        <RevenueAndExpensesPerBooksAmt>-31125</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-18585</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-31125</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>OTHER BOOK INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>2561</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2561</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2561</AdjustedNetIncomeAmt>
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    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT ADVISORY FEES</CategoryTxt>
        <Amt>159480</Amt>
        <NetInvestmentIncomeAmt>159480</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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    </OtherProfessionalFeesSchedule>
    <SubstantialContributorsSch documentId="RetDoc2089200001">
      <SubstantialContributorDetail>
        <PersonNm>DAVID HITZ</PersonNm>
        <USAddress>
          <AddressLine1Txt>1801 PAGE MILL ROAD</AddressLine1Txt>
          <CityNm>PALO ALTO</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>94304</ZIPCd>
        </USAddress>
      </SubstantialContributorDetail>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FEDERAL &amp; STATE TAXES</CategoryTxt>
        <Amt>400</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES - K-1</CategoryTxt>
        <Amt>3880</Amt>
        <NetInvestmentIncomeAmt>3880</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>EMPLOYER PAYROLL TAX</CategoryTxt>
        <Amt>89450</Amt>
        <NetInvestmentIncomeAmt>8945</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>80505</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES - FIDELITY</CategoryTxt>
        <Amt>26259</Amt>
        <NetInvestmentIncomeAmt>26259</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>