<?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="2022v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2023-08-08T11:26:50-05:00</ReturnTs>
    <TaxPeriodEndDt>2022-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>873231666</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>PKF O'CONNOR DAVIES ADVISORY LLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>245 PARK AVENUE 12TH FLOOR</AddressLine1Txt>
        <CityNm>NEW YORK</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>101670008</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2022-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>461575176</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE GUSTON FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>GUST</BusinessNameControlTxt>
      <PhoneNum>8456845868</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 387</AddressLine1Txt>
        <CityNm>WEST HURLEY</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>124910387</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>MUSA MAYER</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>8456845868</PhoneNum>
      <SignatureDt>2023-07-28</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>MUSA</PersonFirstNm>
        <PersonLastNm>MAYER</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>1</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>ANAN A SAMARA EA</PreparerPersonNm>
      <PTIN>P02103452</PTIN>
      <PhoneNum>2122862600</PhoneNum>
      <PreparationDt>2023-07-28</PreparationDt>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>3</TrustedCustomerCd>
        <AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
        <IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2022</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>55406105</FMVAssetsEOYAmt>
      <MethodOfAccountingOtherInd methodOfAccountingOtherDesc="modified cash">X</MethodOfAccountingOtherInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>4618</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>4618</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>4618</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>444350</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>444350</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>444350</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>-204653</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>9552861</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>0</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>0</NetSTCapitalGainAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>244315</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>448968</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>448968</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>177020</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstAdjNetIncmAmt>0</CompOfcrDirTrstAdjNetIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>177020</CompOfcrDirTrstDsbrsChrtblAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>298151</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsNetInvstIncmAmt>0</OthEmplSlrsWgsNetInvstIncmAmt>
        <OthEmplSlrsWgsAdjNetIncmAmt>0</OthEmplSlrsWgsAdjNetIncmAmt>
        <OthEmplSlrsWgsDsbrsChrtblAmt>298151</OthEmplSlrsWgsDsbrsChrtblAmt>
        <PensionEmplBnftRevAndExpnssAmt>135317</PensionEmplBnftRevAndExpnssAmt>
        <PensionEmplBnftNetInvstIncmAmt>0</PensionEmplBnftNetInvstIncmAmt>
        <PensionEmplBnftAdjNetIncmAmt>0</PensionEmplBnftAdjNetIncmAmt>
        <PensionEmplBnftDsbrsChrtblAmt>135317</PensionEmplBnftDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002100001">14142</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>0</LegalFeesNetInvstIncmAmt>
        <LegalFeesAdjNetIncmAmt>0</LegalFeesAdjNetIncmAmt>
        <LegalFeesDsbrsChrtblAmt>14142</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">30096</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>0</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>0</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>30096</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002300001">211235</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>79141</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesAdjNetIncmAmt>79141</OtherProfFeesAdjNetIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>132094</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">14236</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>973</TaxesNetInvstIncmAmt>
        <TaxesAdjNetIncmAmt>973</TaxesAdjNetIncmAmt>
        <TaxesDsbrsChrtblAmt>13263</TaxesDsbrsChrtblAmt>
        <DeprecAndDpltnRevAndExpnssAmt>3952</DeprecAndDpltnRevAndExpnssAmt>
        <DeprecAndDpltnNetInvstIncmAmt>0</DeprecAndDpltnNetInvstIncmAmt>
        <DeprecAndDpltnAdjNetIncmAmt>0</DeprecAndDpltnAdjNetIncmAmt>
        <TravConfMeetingRevAndExpnssAmt>59347</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingNetInvstIncmAmt>0</TravConfMeetingNetInvstIncmAmt>
        <TravConfMeetingAdjNetIncmAmt>0</TravConfMeetingAdjNetIncmAmt>
        <TravConfMeetingDsbrsChrtblAmt>59347</TravConfMeetingDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">168091</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>129</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>129</OtherExpensesAdjNetIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>167962</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>1111587</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>80243</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>80243</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>1027392</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>110300</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>110300</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>1221887</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>80243</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>80243</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>1137692</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-977572</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>368725</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>368725</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>976863</CashBOYAmt>
        <CashEOYAmt>816172</CashEOYAmt>
        <CashEOYFMVAmt>816172</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>311646</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>413551</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>413551</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>5971021</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">4570311</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>4570311</CorporateStockEOYFMVAmt>
        <OtherInvestmentsBOYAmt>23203705</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc2018100001">19545668</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>19545668</OtherInvestmentsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>26354</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>26354</LandBldgEquipAccumDeprecAmt>
        <OtherAssetsBOYAmt referenceDocumentId="RetDoc2046600001">30021355</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="RetDoc2046600001">30060403</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="RetDoc2046600001">30060403</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>60484590</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>55406105</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>55406105</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>60484590</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>55406105</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>60484590</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>55406105</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>60484590</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>55406105</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>60484590</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-977572</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>59507018</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc2049800001">4100913</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>55406105</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLICLY TRADED SECURITIES</PropertyDesc>
          <GrossSalesPriceAmt>8871570</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>9046504</CostOrOtherBasisAmt>
          <GainOrLossAmt>-174934</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-174934</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLICLY TRADED SECURITIES</PropertyDesc>
          <GrossSalesPriceAmt>605750</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>711010</CostOrOtherBasisAmt>
          <GainOrLossAmt>-105260</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-105260</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAINS DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>75541</GrossSalesPriceAmt>
          <GainOrLossAmt>75541</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>75541</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>-204653</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>-105260</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>5125</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>5125</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>5125</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>12080</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>0</ExtsnRequestIncomeTaxPaidAmt>
        <BackupWithholdingWithheldAmt>0</BackupWithholdingWithheldAmt>
        <TotalPaymentsAndCreditsAmt>12080</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>0</EsPenaltyAmt>
        <OverpaymentAmt>6955</OverpaymentAmt>
        <AppliedToESTaxAmt>6955</AppliedToESTaxAmt>
        <RefundAmt>0</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>DE</OrgReportOrRegisterStateCd>
        <OrgReportOrRegisterStateCd>NY</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>1</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>PKF O'CONNOR DAVIES ADVISORY LLC</IndividualWithBooksNm>
        <PhoneNum>2122862600</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>245 PARK AVENUE 12TH FLOOR</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>101670008</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>1</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>1</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>0</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <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>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MUSA MAYER</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 387</AddressLine1Txt>
            <CityNm>WEST HURLEY</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>124910387</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR, PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>THOMAS MAYER</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 387</AddressLine1Txt>
            <CityNm>WEST HURLEY</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>124910387</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR, VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MAURICE M REDER</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 387</AddressLine1Txt>
            <CityNm>WEST HURLEY</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>124910387</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR, TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>5000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MICHAEL CONFORTI</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 387</AddressLine1Txt>
            <CityNm>WEST HURLEY</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>124910387</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>5000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PAMELA A MAYER</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 387</AddressLine1Txt>
            <CityNm>WEST HURLEY</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>124910387</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SARAH RADIC</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 387</AddressLine1Txt>
            <CityNm>WEST HURLEY</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>124910387</ZIPCd>
          </USAddress>
          <TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>167020</CompensationAmt>
          <EmployeeBenefitProgramAmt>22883</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>JORGE GUILLEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 387</AddressLine1Txt>
            <CityNm>WEST HURLEY</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>124910387</ZIPCd>
          </USAddress>
          <TitleTxt>WEBSITE DEVELOPER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>53620</CompensationAmt>
          <EmployeeBenefitsAmt>11270</EmployeeBenefitsAmt>
          <ExpenseAccountAmt>0</ExpenseAccountAmt>
        </CompensationHighestPaidEmplGrp>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>CAPITAL GROUP PRIVATE CLIENT SERVICES</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>399 PARK AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>100224614</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT MANAGEMENT AND ADVISORY</ServiceTypeTxt>
          <CompensationAmt>79141</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>CATALOGUING AND ARCHIVING ALL THE WORKS PRODUCED BY THE ARTIST PHILIP GUSTON AND MAKING HIS WORK AVAILABLE TO FACILITATE ART EDUCATION AND RESEARCH.</Description1Txt>
        <Expenses1Amt>1067392</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>25553468</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>1217078</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>26770546</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>26770546</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>401558</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>26368988</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>1318449</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>1137692</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>40000</CharitableAssetsAcquisPaidAmt>
        <QualifyingDistributionsAmt>1177692</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <PrivateOperatingFoundationsGrp>
        <PrivateOperatingFndtnRulingDt>2012-12-17</PrivateOperatingFndtnRulingDt>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>368725</CurrentYearAmt>
          <Year1Amt>289049</Year1Amt>
          <Year2Amt>307132</Year2Amt>
          <Year3Amt>453920</Year3Amt>
          <TotalAmt>1418826</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>313416</CurrentYearAmt>
          <Year1Amt>245692</Year1Amt>
          <Year2Amt>261062</Year2Amt>
          <Year3Amt>385832</Year3Amt>
          <TotalAmt>1206002</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>1177692</CurrentYearAmt>
          <Year1Amt>1023497</Year1Amt>
          <Year2Amt>931001</Year2Amt>
          <Year3Amt>907377</Year3Amt>
          <TotalAmt>4039567</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriNotUsedDrtGrp>
          <CurrentYearAmt>110300</CurrentYearAmt>
          <Year1Amt>20000</Year1Amt>
          <Year2Amt>25000</Year2Amt>
          <Year3Amt>25850</Year3Amt>
          <TotalAmt>181150</TotalAmt>
        </QualifyingDistriNotUsedDrtGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>1067392</CurrentYearAmt>
          <Year1Amt>1003497</Year1Amt>
          <Year2Amt>906001</Year2Amt>
          <Year3Amt>881527</Year3Amt>
          <TotalAmt>3858417</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TotalAssetsGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsGrp>
        <TotalAssetsSect4942j3BiGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsSect4942j3BiGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>878966</CurrentYearAmt>
          <Year1Amt>978663</Year1Amt>
          <Year2Amt>844679</Year2Amt>
          <Year3Amt>801805</Year3Amt>
          <TotalAmt>3504113</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
        <TotalSupportGrp>
          <TotalAmt>0</TotalAmt>
        </TotalSupportGrp>
        <PublicSupportType>
          <TotalAmt>0</TotalAmt>
        </PublicSupportType>
        <LargestSupportFromEOGrp>
          <TotalAmt>0</TotalAmt>
        </LargestSupportFromEOGrp>
        <GrossInvestmentIncomeGrp>
          <TotalAmt>0</TotalAmt>
        </GrossInvestmentIncomeGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>MUSA MAYER</ContributingManagerNm>
        <ContributingManagerNm>THOMAS MAYER</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN ACADEMY IN ROME</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>7 E 60TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>100221001</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMON CARTER MUSEUM OF AMERICAN ART</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3501 CAMP BOWIE BOULEVARD</AddressLine1Txt>
            <CityNm>FORT WORTH</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>761072631</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DOCTORS WITHOUT BORDERS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>40 RECTOR STREET 16TH FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>100061751</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC (MASS MOCA)</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1040 MASS MOCA WAY</AddressLine1Txt>
            <CityNm>NORTH ADAMS</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>012472450</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MAVERICK CONCERT INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>120 MAVERICK ROAD</AddressLine1Txt>
            <CityNm>WOODSTOCK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>124980001</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>300</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MUSEUM OF FINE ARTS BOSTON</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>465 HUNTINGTON AVENUE</AddressLine1Txt>
            <CityNm>BOSTON</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>021155523</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PHILIP GUSTON NOW EXHIBITION</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>STERLING &amp; FRANCINE CLARK ART INSTITUTE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>225 SOUTH STREET</AddressLine1Txt>
            <CityNm>WILLIAMSTOWN</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>012672878</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>SO I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>110300</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>4618</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>444350</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>-204653</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>244315</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>244315</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>BOOKKEEPING AND TAX RETURN PREPARATION</CategoryTxt>
        <Amt>30096</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>30096</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>ABBOTT LABS (ABT) 569.000 SHARES</StockNm>
        <EOYBookValueAmt>62471</EOYBookValueAmt>
        <EOYFMVAmt>62471</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ADOBE SYS INC (ADBE) 58.000 SHARES</StockNm>
        <EOYBookValueAmt>19519</EOYBookValueAmt>
        <EOYFMVAmt>19519</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ADVANCED DRAIN SYS INC DEL COM (WMS) 126.000 SHARES</StockNm>
        <EOYBookValueAmt>10328</EOYBookValueAmt>
        <EOYFMVAmt>10328</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AES CORP (AES) 760.000 SHARES</StockNm>
        <EOYBookValueAmt>21858</EOYBookValueAmt>
        <EOYFMVAmt>21858</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AIRBUS GROUP ADR NCE &amp; SPACE CO (EADSY) 580.000 SHARES</StockNm>
        <EOYBookValueAmt>17203</EOYBookValueAmt>
        <EOYFMVAmt>17203</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALPHABET INC CAP STK CL C (GOOG) 820.000 SHARES</StockNm>
        <EOYBookValueAmt>72759</EOYBookValueAmt>
        <EOYFMVAmt>72759</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMAZON COM INC (AMZN) 626.000 SHARES</StockNm>
        <EOYBookValueAmt>52584</EOYBookValueAmt>
        <EOYFMVAmt>52584</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMETEK INC (AME) 250.000 SHARES</StockNm>
        <EOYBookValueAmt>34930</EOYBookValueAmt>
        <EOYFMVAmt>34930</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ANALOG DEVICES INC (ADI) 125.000 SHARES</StockNm>
        <EOYBookValueAmt>20504</EOYBookValueAmt>
        <EOYFMVAmt>20504</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ANHEUSER BUSCH INBEV SA NV SPONSORED ADR (BUD) 607.000 SHARES</StockNm>
        <EOYBookValueAmt>36444</EOYBookValueAmt>
        <EOYFMVAmt>36444</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AON PLC SHS CL A (AON) 279.000 SHARES</StockNm>
        <EOYBookValueAmt>83740</EOYBookValueAmt>
        <EOYFMVAmt>83740</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE INC (AAPL) 839.000 SHARES</StockNm>
        <EOYBookValueAmt>109011</EOYBookValueAmt>
        <EOYFMVAmt>109011</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ARAMARK COM (ARMK) 456.000 SHARES</StockNm>
        <EOYBookValueAmt>18851</EOYBookValueAmt>
        <EOYFMVAmt>18851</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ASML HLDG N V N Y REGISTRY SHS NEW 2012 (ASML) 140.000 SHARES</StockNm>
        <EOYBookValueAmt>76496</EOYBookValueAmt>
        <EOYFMVAmt>76496</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ASTRAZENECA PLC SPONSORED ADR (AZN) 754.000 SHARES</StockNm>
        <EOYBookValueAmt>51121</EOYBookValueAmt>
        <EOYFMVAmt>51121</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BIOHAVEN PHARMACEUTICAL HLDGS CO LTD (BHVN) 53.000 SHARES</StockNm>
        <EOYBookValueAmt>736</EOYBookValueAmt>
        <EOYFMVAmt>736</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BRISTOL MYERS SQUIBB CO COM (BMY) 712.000 SHARES</StockNm>
        <EOYBookValueAmt>51228</EOYBookValueAmt>
        <EOYFMVAmt>51228</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BRITISH AMERN TOB PLC SPONSORED ADR (BTI) 626.000 SHARES</StockNm>
        <EOYBookValueAmt>25027</EOYBookValueAmt>
        <EOYFMVAmt>25027</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BROADCOM INC (AVGO) 171.000 SHARES</StockNm>
        <EOYBookValueAmt>95611</EOYBookValueAmt>
        <EOYFMVAmt>95611</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CARRIER GLOBAL CORP (CARR) 740.000 SHARES</StockNm>
        <EOYBookValueAmt>30525</EOYBookValueAmt>
        <EOYFMVAmt>30525</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CENTENE CORP DEL (CNC) 200.000 SHARES</StockNm>
        <EOYBookValueAmt>16402</EOYBookValueAmt>
        <EOYFMVAmt>16402</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CENTERPOINT ENERGY INC (CNP) 789.000 SHARES</StockNm>
        <EOYBookValueAmt>23662</EOYBookValueAmt>
        <EOYFMVAmt>23662</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHARTER COMMUNICATIONS INC NEW CL A (CHTR) 93.000 SHARES</StockNm>
        <EOYBookValueAmt>31536</EOYBookValueAmt>
        <EOYFMVAmt>31536</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHEVRON CORP (CVX) 574.000 SHARES</StockNm>
        <EOYBookValueAmt>103027</EOYBookValueAmt>
        <EOYFMVAmt>103027</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHIPOTLE MEXICAN GRILL INC (CMG) 51.000 SHARES</StockNm>
        <EOYBookValueAmt>70762</EOYBookValueAmt>
        <EOYFMVAmt>70762</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHUBB LTD (CB) 501.000 SHARES</StockNm>
        <EOYBookValueAmt>110521</EOYBookValueAmt>
        <EOYFMVAmt>110521</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CME GROUP INC (CME) 239.000 SHARES</StockNm>
        <EOYBookValueAmt>40191</EOYBookValueAmt>
        <EOYFMVAmt>40191</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COMCAST CORP CL A (CMCSA) 1,729.000 SHARES</StockNm>
        <EOYBookValueAmt>60463</EOYBookValueAmt>
        <EOYFMVAmt>60463</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CONOCOPHILLIPS (COP) 720.000 SHARES</StockNm>
        <EOYBookValueAmt>84960</EOYBookValueAmt>
        <EOYFMVAmt>84960</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CONSTELLATION ENERGY CORP COM (CEG) 516.000 SHARES</StockNm>
        <EOYBookValueAmt>44484</EOYBookValueAmt>
        <EOYFMVAmt>44484</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CROWN CASTLE INTL CORP NEW (CCI) 355.000 SHARES</StockNm>
        <EOYBookValueAmt>48152</EOYBookValueAmt>
        <EOYFMVAmt>48152</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CSX CORP (CSX) 1,288.000 SHARES</StockNm>
        <EOYBookValueAmt>39902</EOYBookValueAmt>
        <EOYFMVAmt>39902</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DANAHER CORP (DHR) 254.000 SHARES</StockNm>
        <EOYBookValueAmt>67417</EOYBookValueAmt>
        <EOYFMVAmt>67417</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DARDEN RESTAURANTS INC (DRI) 85.000 SHARES</StockNm>
        <EOYBookValueAmt>11758</EOYBookValueAmt>
        <EOYFMVAmt>11758</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DEERE &amp; CO (DE) 56.000 SHARES</StockNm>
        <EOYBookValueAmt>24011</EOYBookValueAmt>
        <EOYFMVAmt>24011</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DOLLAR GEN CORP (DG) 388.000 SHARES</StockNm>
        <EOYBookValueAmt>95545</EOYBookValueAmt>
        <EOYFMVAmt>95545</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EDISON INTL COM (EIX) 289.000 SHARES</StockNm>
        <EOYBookValueAmt>18386</EOYBookValueAmt>
        <EOYFMVAmt>18386</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EDWARDS LIFESCIENCES CORP (EW) 438.000 SHARES</StockNm>
        <EOYBookValueAmt>32679</EOYBookValueAmt>
        <EOYFMVAmt>32679</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ELECTRONIC ARTS INC (EA) 205.000 SHARES</StockNm>
        <EOYBookValueAmt>25047</EOYBookValueAmt>
        <EOYFMVAmt>25047</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ELEVANCE HEALTH INC COM (ELV) 94.000 SHARES</StockNm>
        <EOYBookValueAmt>48219</EOYBookValueAmt>
        <EOYFMVAmt>48219</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ENTERGY CORP (ETR) 152.000 SHARES</StockNm>
        <EOYBookValueAmt>17100</EOYBookValueAmt>
        <EOYFMVAmt>17100</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EOG RES INC (EOG) 537.000 SHARES</StockNm>
        <EOYBookValueAmt>69552</EOYBookValueAmt>
        <EOYFMVAmt>69552</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EQUINIX INC COM PAR $0.001 (EQIX) 96.000 SHARES</StockNm>
        <EOYBookValueAmt>62883</EOYBookValueAmt>
        <EOYFMVAmt>62883</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EXELON CORP COM (EXC) 322.000 SHARES</StockNm>
        <EOYBookValueAmt>13920</EOYBookValueAmt>
        <EOYFMVAmt>13920</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIRST REP BK SAN FRANCISCO CALIF (FRC) 69.000 SHARES</StockNm>
        <EOYBookValueAmt>8411</EOYBookValueAmt>
        <EOYFMVAmt>8411</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GALLAGHER ARTHUR J &amp; CO (AJG) 178.000 SHARES</StockNm>
        <EOYBookValueAmt>33560</EOYBookValueAmt>
        <EOYFMVAmt>33560</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL MILLS INC (GIS) 325.000 SHARES</StockNm>
        <EOYBookValueAmt>27251</EOYBookValueAmt>
        <EOYFMVAmt>27251</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GODADDY INC CL A (GDDY) 331.000 SHARES</StockNm>
        <EOYBookValueAmt>24765</EOYBookValueAmt>
        <EOYFMVAmt>24765</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HEICO CORP NEW (HEI) 42.000 SHARES</StockNm>
        <EOYBookValueAmt>6453</EOYBookValueAmt>
        <EOYFMVAmt>6453</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HEICO CORP NEW CL A (HEI A) 52.000 SHARES</StockNm>
        <EOYBookValueAmt>6232</EOYBookValueAmt>
        <EOYFMVAmt>6232</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HENRY JACK &amp; ASSOC INC (JKHY) 189.000 SHARES</StockNm>
        <EOYBookValueAmt>33181</EOYBookValueAmt>
        <EOYFMVAmt>33181</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HILTON WORLDWIDE HLDGS INC (HLT) 215.000 SHARES</StockNm>
        <EOYBookValueAmt>27168</EOYBookValueAmt>
        <EOYFMVAmt>27168</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HONEYWELL INTL INC (HON) 201.000 SHARES</StockNm>
        <EOYBookValueAmt>43074</EOYBookValueAmt>
        <EOYFMVAmt>43074</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HORIZON PHARMA PLC REGISTERED SHS (HZNP) 160.000 SHARES</StockNm>
        <EOYBookValueAmt>18208</EOYBookValueAmt>
        <EOYFMVAmt>18208</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HORMEL FOODS CORP (HRL) 195.000 SHARES</StockNm>
        <EOYBookValueAmt>8882</EOYBookValueAmt>
        <EOYFMVAmt>8882</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HUMANA INC (HUM) 134.000 SHARES</StockNm>
        <EOYBookValueAmt>68633</EOYBookValueAmt>
        <EOYFMVAmt>68633</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTERCONTINENTAL EXCHANGE INC (ICE) 199.000 SHARES</StockNm>
        <EOYBookValueAmt>20415</EOYBookValueAmt>
        <EOYFMVAmt>20415</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ITT INC (ITT) 382.000 SHARES</StockNm>
        <EOYBookValueAmt>30980</EOYBookValueAmt>
        <EOYFMVAmt>30980</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JP MORGAN CHASE &amp; CO (JPM) 681.000 SHARES</StockNm>
        <EOYBookValueAmt>91322</EOYBookValueAmt>
        <EOYFMVAmt>91322</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KLA CORP (KLAC) 114.000 SHARES</StockNm>
        <EOYBookValueAmt>42981</EOYBookValueAmt>
        <EOYFMVAmt>42981</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KRAFT HEINZ CO COM (KHC) 411.000 SHARES</StockNm>
        <EOYBookValueAmt>16732</EOYBookValueAmt>
        <EOYFMVAmt>16732</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LAM RESEARCH CORP (LRCX) 19.000 SHAHRES</StockNm>
        <EOYBookValueAmt>7986</EOYBookValueAmt>
        <EOYFMVAmt>7986</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LAUDER ESTEE COS INC CL A (EL) 116.000 SHARES</StockNm>
        <EOYBookValueAmt>28781</EOYBookValueAmt>
        <EOYFMVAmt>28781</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LEAR CORP COM NEW (LEA) 122.000 SHARES</StockNm>
        <EOYBookValueAmt>15131</EOYBookValueAmt>
        <EOYFMVAmt>15131</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LILLY ELI &amp; CO (LLY) 128.000 SHARES</StockNm>
        <EOYBookValueAmt>46828</EOYBookValueAmt>
        <EOYFMVAmt>46828</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LINDE PLC SH (LIN) 287.000 SHARES</StockNm>
        <EOYBookValueAmt>93614</EOYBookValueAmt>
        <EOYFMVAmt>93614</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MARSH &amp; MCLENNAN COS INC (MMC) 1,025.000 SHARES</StockNm>
        <EOYBookValueAmt>169617</EOYBookValueAmt>
        <EOYFMVAmt>169617</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MASTERCARD INC CL A (MA) 43.000 SHARES</StockNm>
        <EOYBookValueAmt>14952</EOYBookValueAmt>
        <EOYFMVAmt>14952</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP (MSFT) 996.000 SHARES</StockNm>
        <EOYBookValueAmt>238861</EOYBookValueAmt>
        <EOYFMVAmt>238861</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MONDELEZ INTL INC CL A (MDLZ) 489.000 SHARES</StockNm>
        <EOYBookValueAmt>32592</EOYBookValueAmt>
        <EOYFMVAmt>32592</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MOODYS CORP (MCO) 83.000 SHARES</StockNm>
        <EOYBookValueAmt>23125</EOYBookValueAmt>
        <EOYFMVAmt>23125</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MSCI INC (MSCI) 73.000 SHARES</StockNm>
        <EOYBookValueAmt>33957</EOYBookValueAmt>
        <EOYFMVAmt>33957</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NASDAQ INC (NDAQ) 288.000 SHARES</StockNm>
        <EOYBookValueAmt>17669</EOYBookValueAmt>
        <EOYFMVAmt>17669</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NESTLE SA SPONSORED ADR (NSRGY) 160.000 SHARES</StockNm>
        <EOYBookValueAmt>18454</EOYBookValueAmt>
        <EOYFMVAmt>18454</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEXTERA ENERGY INC (NEE) 252.000 SHARES</StockNm>
        <EOYBookValueAmt>21067</EOYBookValueAmt>
        <EOYFMVAmt>21067</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NIKE INC CL B (NKE) 550.000 SHARES</StockNm>
        <EOYBookValueAmt>64356</EOYBookValueAmt>
        <EOYFMVAmt>64356</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORFOLK SOUTHN CORP (NSC) 143.000 SHARES</StockNm>
        <EOYBookValueAmt>35238</EOYBookValueAmt>
        <EOYFMVAmt>35238</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORTHROP GRUMMAN CORP (NOC) 185.000 SHARES</StockNm>
        <EOYBookValueAmt>100938</EOYBookValueAmt>
        <EOYFMVAmt>100938</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NOVO NORDISK A.S. ADR (NVO) 295.000 SHARES</StockNm>
        <EOYBookValueAmt>39925</EOYBookValueAmt>
        <EOYFMVAmt>39925</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OAK STR HEALTH INC (OSH) 353.000 SHARES</StockNm>
        <EOYBookValueAmt>7593</EOYBookValueAmt>
        <EOYFMVAmt>7593</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PEPSICO INC (PEP) 114.000 SHARES</StockNm>
        <EOYBookValueAmt>20595</EOYBookValueAmt>
        <EOYFMVAmt>20595</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PG&amp;E CORP COM (PCG) 693.000 SHARES</StockNm>
        <EOYBookValueAmt>11268</EOYBookValueAmt>
        <EOYFMVAmt>11268</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PHILIP MORRIS INTL INC (PM) 664.000 SHARES</StockNm>
        <EOYBookValueAmt>67203</EOYBookValueAmt>
        <EOYFMVAmt>67203</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PROCTER &amp; GAMBLE CO (PG) 136.000 SHARES</StockNm>
        <EOYBookValueAmt>20612</EOYBookValueAmt>
        <EOYFMVAmt>20612</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RAYTHEON TECHNOLOGIES CORP (RTX) 357.000 SHARES</StockNm>
        <EOYBookValueAmt>36028</EOYBookValueAmt>
        <EOYFMVAmt>36028</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>REGENERON PHARMACEUTICALS INC COM (REGN) 20.000 SHARES</StockNm>
        <EOYBookValueAmt>14430</EOYBookValueAmt>
        <EOYFMVAmt>14430</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SEAGEN INC (SGEN) 571.000 SHARES</StockNm>
        <EOYBookValueAmt>73379</EOYBookValueAmt>
        <EOYFMVAmt>73379</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SEMPRA ENERGY (SRE) 230.000 SHARES</StockNm>
        <EOYBookValueAmt>35544</EOYBookValueAmt>
        <EOYFMVAmt>35544</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SERVICE INC NOW (NOW) 27.000 SHARES</StockNm>
        <EOYBookValueAmt>10483</EOYBookValueAmt>
        <EOYFMVAmt>10483</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SHERWIN WILLIAMS CO (SHW) 120.000 SHARES</StockNm>
        <EOYBookValueAmt>28480</EOYBookValueAmt>
        <EOYFMVAmt>28480</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>STATE STR CORP (STT) 548.000 SHARES</StockNm>
        <EOYBookValueAmt>42508</EOYBookValueAmt>
        <EOYFMVAmt>42508</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TC ENERGY CORPORATION REGISTERED SHS (TRP) 236.000 SHARES</StockNm>
        <EOYBookValueAmt>9404</EOYBookValueAmt>
        <EOYFMVAmt>9404</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TEXAS INSTRUMENTS INC (TXN) 148.000 SHARES</StockNm>
        <EOYBookValueAmt>24453</EOYBookValueAmt>
        <EOYFMVAmt>24453</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TRANSDIGM GROUP INC (TDG) 59.000 SHARES</StockNm>
        <EOYBookValueAmt>37149</EOYBookValueAmt>
        <EOYFMVAmt>37149</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TRINITY INDS INC (TRN) 494.000 SHARES</StockNm>
        <EOYBookValueAmt>14608</EOYBookValueAmt>
        <EOYFMVAmt>14608</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNITED AIRLS HLDGS INC COM (UAL) 723.000 SHARES</StockNm>
        <EOYBookValueAmt>27257</EOYBookValueAmt>
        <EOYFMVAmt>27257</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNITEDHEALTH GROUP INC (UNH) 329.000 SHARES</StockNm>
        <EOYBookValueAmt>174429</EOYBookValueAmt>
        <EOYFMVAmt>174429</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VISA INC COM CL A (V) 922.000 SHARES</StockNm>
        <EOYBookValueAmt>191555</EOYBookValueAmt>
        <EOYFMVAmt>191555</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WASTE CONNECTIONS INC (WCN) 712.000 SHARES</StockNm>
        <EOYBookValueAmt>94324</EOYBookValueAmt>
        <EOYFMVAmt>94324</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WELLS FARGO &amp; CO NEW COM (WFC) 721.000 SHARES</StockNm>
        <EOYBookValueAmt>29770</EOYBookValueAmt>
        <EOYFMVAmt>29770</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>YUM BRANDS INC (YUM) 284.000 SHARES</StockNm>
        <EOYBookValueAmt>36375</EOYBookValueAmt>
        <EOYFMVAmt>36375</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN BOND FUND OF AMERICA CLASS F3 (BFFAX) 324,492.571 SHARES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>3692725</BookValueAmt>
        <EOYFMVAmt>3692725</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN GLOBAL INSIGHT FUND CLASS F3 (AGVHX) 337,294.539 SHARES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>6196101</BookValueAmt>
        <EOYFMVAmt>6196101</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN GROWTH FUND OF AMERICA CLASS F3 (GAFFX) 23,399.776 SHARES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1157353</BookValueAmt>
        <EOYFMVAmt>1157353</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN HIGH-INCOME TRUST CLASS F3 (HIGFX) 80,404.679 SHARES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>728466</BookValueAmt>
        <EOYFMVAmt>728466</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN INTERMEDIATE BOND FUND CLASS F3 (IFBFX) 387,645.017 SHARES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>4818428</BookValueAmt>
        <EOYFMVAmt>4818428</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN MUTUAL FUND CLASS F3 (AFMFX) 25,518.350 SHARES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1235088</BookValueAmt>
        <EOYFMVAmt>1235088</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN NEW WORLD FUND CLASS F3 (FNWFX) 18,675.449 SHARES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1240610</BookValueAmt>
        <EOYFMVAmt>1240610</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN SHORT-TERM BOND FUND OF AMERICA CLASS F3 (FSBTX) 50,465.262 SHARES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>476897</BookValueAmt>
        <EOYFMVAmt>476897</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFeesGrp>
        <CategoryTxt>GENERAL AND ADMINISTRATIVE LEGAL COUNSEL</CategoryTxt>
        <LegalFeesAmt>14142</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>14142</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssetsScheduleGrp>
        <Desc>ART WORKS</Desc>
        <BOYBookValueAmt>29996000</BOYBookValueAmt>
        <EOYBookValueAmt>30039000</EOYBookValueAmt>
        <EOYFMVAmt>30039000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>ORGANIZATIONAL COSTS</Desc>
        <BOYBookValueAmt>25355</BOYBookValueAmt>
        <EOYBookValueAmt>21403</EOYBookValueAmt>
        <EOYFMVAmt>21403</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreasesDetail>
        <Desc>UNREALIZED LOSS ON INVESTMENTS</Desc>
        <Amt>4100913</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>FURNITURE, FIXTURES AND EQUIPMENT EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>64523</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>64523</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INFORMATION TECHNOLOGY SOFTWARE AND HARDWARE</Desc>
        <RevenueAndExpensesPerBooksAmt>44521</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>44521</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>38858</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>38858</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE AND OTHER EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>20060</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>20060</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OTHER INVESTMENT EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>129</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>129</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>129</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ADVERTISERS, PUBLICISTS AND DIGITAL MARKETERS</CategoryTxt>
        <Amt>99354</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>99354</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INFORMATION TECHNOLOGY CONSULTANTS</CategoryTxt>
        <Amt>32740</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>32740</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT AND ADVISORY</CategoryTxt>
        <Amt>79141</Amt>
        <NetInvestmentIncomeAmt>79141</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>79141</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAX PAID</CategoryTxt>
        <Amt>13263</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>13263</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES WITHHELD</CategoryTxt>
        <Amt>973</Amt>
        <NetInvestmentIncomeAmt>973</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>973</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
