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        <BookValueAmt>40321</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>BLACKSTONE REAL ESTATE</Desc>
        <BookValueAmt>39151</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <TotalBookValueSecuritiesAmt>1304647</TotalBookValueSecuritiesAmt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 1, PART II, LINE 5</FormAndLineReferenceDesc>
        <ExplanationTxt>PERIODIC MONITORING AND INSPECTION OF THE PROPERTY SHALL BE PERMITTED AT ALL REASONABLE TIMES, AND ACCESS TO THE INTERIOR OF THE BUILDING IS PERMITTED AT MUTUALLY AGREED UPON TIMES. VIOLATION OF CONDITIONS OR COVENANT MAY RESULT IN LEGAL AND EQUITABLE REMEDIES, INCLUDING INJUNCTIVE RELIEF AND DAMAGES.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="RetDoc4">
      <GrantRecordsMaintainedInd>false</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>ARLINGTON CLUB</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>811 SW SALMON STREET</AddressLine1Txt>
          <CityNm>PORTLAND</CityNm>
          <StateAbbreviationCd>OR</StateAbbreviationCd>
          <ZIPCd>972053013</ZIPCd>
        </USAddress>
        <RecipientEIN>930114390</RecipientEIN>
        <IRCSectionDesc>501(C)</IRCSectionDesc>
        <CashGrantAmt>629454</CashGrantAmt>
      </RecipientTable>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="RetDoc5">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>TO PRESERVE THE PRESENT HISTORICAL, AESTHETIC, AND CULTURAL CONDITION OF THE ARLINGTON CLUB BUILDING FOR FUTURE GENERATIONS AND TO SUPPORT THE RICH HISTORY, LITERATURE, ART AND CULTURE OF THE CITY OF PORTLAND, THE STATE OF OREGON, AND THE PACIFIC NORTHWEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4D</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FOUNDATION'S ACTIVITES ARE DIRECTED TOWARD THE PRESERVATION OF THE ARLINGTON CLUB BUILDING AND SUPPORTING HISTORICAL RESEARCH, LECTURES, PRESENTATIONS AND GRANTS, WHICH ARE INTENDED TO FURTHER THE PUBLIC'S UNDERSTANDING AND KNOWLEDGE OF THE DYNAMIC HISTORY OF PORTLAND, OREGON, AND SURROUNDING REGION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>NO REVIEW WAS OR WILL BE CONDUCTED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY. THE INTERESTED DIRECTOR OR OFFICER SHALL ABSTAIN FROM VOTING ON THE TRANSACTION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>NO DOCUMENTS AVAILABLE TO THE PUBLIC</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
