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        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
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      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
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          <USAddress>
            <AddressLine1Txt>505 SOUTH FLAGLER DRIVE STE 900</AddressLine1Txt>
            <CityNm>WEST PALM BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33401</ZIPCd>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DARREN BARDELL</PersonNm>
          <USAddress>
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            <CityNm>WEST PALM BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33401</ZIPCd>
          </USAddress>
          <TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
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        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>WENDY BALCH</PersonNm>
          <USAddress>
            <AddressLine1Txt>505 SOUTH FLAGLER DRIVE STE 900</AddressLine1Txt>
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            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33401</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER, SECRETARY</TitleTxt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
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      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
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      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>124139431</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>3438228</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
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        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>127577659</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>1913665</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>125663994</NetVlNoncharitableAssetsAmt>
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      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>6283200</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>58105</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>58105</TotalTaxAmt>
        <DistributableBeforeAdjAmt>6225095</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>6225095</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>6225095</DistributableAsAdjustedAmt>
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      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>6700000</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>6700000</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>6225095</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
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        <TotalExcessDistributionCyovAmt>163840</TotalExcessDistributionCyovAmt>
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        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
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        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
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      <SupplementaryInformationGrp>
        <ContributingManagerNm>FRANK DIMINO</ContributingManagerNm>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JOE DIMAGGIO CHILDREN'S HOSPITAL FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
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            <AddressLine1Txt>3329 JOHNSON STREET</AddressLine1Txt>
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            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33021</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PALM BEACH STATE COLLEGE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4200 CONGRESS AVENUE CRA 200</AddressLine1Txt>
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            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33461</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>2000000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE KING'S ACADEMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
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            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33411</ZIPCd>
          </RecipientUSAddress>
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          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JUPITER MEDICAL CENTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1210 S OLD DIXIE HWY</AddressLine1Txt>
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            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33458</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
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        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
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      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
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        <OtherInvestmentIncomeGrp>
          <ExclusionCd>14</ExclusionCd>
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        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>1863839</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>4860036</ExclusionAmt>
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        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>4860036</TotalIncomeProducingActyAmt>
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      <TrnsfrTransRlnNonchrtblEOGrp>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CHARLES SCHWAB #6390 - EQUITIES</StockNm>
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        <EOYFMVAmt>42119859</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY #6332 - MUTUAL FUNDS</StockNm>
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        <EOYFMVAmt>58874</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY #7028 - STOCKS</StockNm>
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        <EOYFMVAmt>1868216</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY #7029 - STOCKS</StockNm>
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        <EOYFMVAmt>2088148</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY #7030 - ETFS</StockNm>
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        <EOYFMVAmt>2051561</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY #7031 - STOCKS</StockNm>
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        <EOYFMVAmt>5341313</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY #7032 - MUTUAL FUNDS</StockNm>
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        <EOYFMVAmt>4187278</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY #7033 - MUTUAL FUNDS</StockNm>
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        <EOYFMVAmt>2007091</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY #7034 - ETFS</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY #7035 - MUTUAL FUNDS</StockNm>
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        <EOYFMVAmt>1195867</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY #7036 - CORPORATE FIXED INCOME</StockNm>
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      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY #7037 - CORPORATE FIXED INCOME</StockNm>
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        <EOYFMVAmt>16871508</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY #7038 - MUTUAL FUNDS</StockNm>
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        <EOYFMVAmt>9989756</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY #0192 - MUTUAL FUNDS</StockNm>
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        <EOYFMVAmt>15176310</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CAPSTONE VOLATILITY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>1000000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>HUDSON BAY INTERNATIONAL FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>1000000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>NEXPHASE CAPITAL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>1355219</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>P4G</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>130447</BookValueAmt>
        <EOYFMVAmt>186631</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PARAMETRIC DEFENSIVE EQUITY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1167533</BookValueAmt>
        <EOYFMVAmt>1167533</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SEASIDE</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>125048</BookValueAmt>
        <EOYFMVAmt>182508</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SENATOR GLOBAL OPPORTUNITY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>800000</BookValueAmt>
        <EOYFMVAmt>800000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SOUTHPOINT QUALIFIED OFSHORE</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>800000</BookValueAmt>
        <EOYFMVAmt>800000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>TIGER EYE FUND LTD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1000000</BookValueAmt>
        <EOYFMVAmt>1000000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>TREND MACRO OFFSHORE LTD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1000000</BookValueAmt>
        <EOYFMVAmt>1000000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>WEISS MULTI-STRATEGY PARTNERS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1000000</BookValueAmt>
        <EOYFMVAmt>1000000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>WOLVERINE FLAGSHIP FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1000000</BookValueAmt>
        <EOYFMVAmt>1000000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COUNCIL CAPITAL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>133500</BookValueAmt>
        <EOYFMVAmt>182669</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LUMINATE CAPITAL PARTNERS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>306017</BookValueAmt>
        <EOYFMVAmt>288668</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>TRUEBRIDGE</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>50000</BookValueAmt>
        <EOYFMVAmt>50000</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
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        <Desc>AMORTIZATION VARIANCES</Desc>
        <BOYBookValueAmt>55086</BOYBookValueAmt>
        <EOYBookValueAmt>55029</EOYBookValueAmt>
        <EOYFMVAmt>55029</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>COST HOLDING VARIANCE</Desc>
        <BOYBookValueAmt>5811</BOYBookValueAmt>
        <EOYBookValueAmt>-4960</EOYBookValueAmt>
        <EOYFMVAmt>-4960</EOYFMVAmt>
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    </OtherAssetsSchedule>
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      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT FEES - CHARLES SCHWAB</Desc>
        <RevenueAndExpensesPerBooksAmt>40538</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>40538</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT FEES - MORGAN STANLEY</Desc>
        <RevenueAndExpensesPerBooksAmt>260900</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>260900</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PAYROLL EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>313635</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>313635</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PROFESSIONAL FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>36603</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>36603</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>28129</Amt>
        <NetInvestmentIncomeAmt>28129</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>EXCISE TAXES</CategoryTxt>
        <Amt>975000</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
