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      <Form990PartVIISectionAGrp>
        <PersonNm>Miquel G Farra</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>Julie Greiner</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>Rene Hagen</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>Joseph A Fernandez</PersonNm>
        <TitleTxt>Director</TitleTxt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>Arthur J Furia</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>Madeline Pumariega</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>Carlos R Fernandez-Guzman</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>Alfredo Salas</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>Julie Grimes</PersonNm>
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        <PersonNm>Henry Fleches</PersonNm>
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        <PersonNm>Toby B Rohrer</PersonNm>
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        <AdministrativeExpensesAmt>2372174</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>92614298</EndYearBalanceAmt>
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        <BeginningYearBalanceAmt>77828843</BeginningYearBalanceAmt>
        <ContributionsAmt>2440819</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>12735924</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>3330722</OtherExpendituresAmt>
        <AdministrativeExpensesAmt>2292375</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>87382489</EndYearBalanceAmt>
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      <BoardDesignatedBalanceEOYPct>0.07000</BoardDesignatedBalanceEOYPct>
      <PrmnntEndowmentBalanceEOYPct>0.93000</PrmnntEndowmentBalanceEOYPct>
      <EndowmentsHeldUnrelatedOrgInd>false</EndowmentsHeldUnrelatedOrgInd>
      <EndowmentsHeldRelatedOrgInd>false</EndowmentsHeldRelatedOrgInd>
      <RelatedOrgListSchRInd>false</RelatedOrgListSchRInd>
      <OtherSecuritiesGrp>
        <Desc>Securities lending collateral</Desc>
        <BookValueAmt>20122800</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>Smith BarneyMorgan Stanley</Desc>
        <BookValueAmt>13559430</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>Ironwood</Desc>
        <BookValueAmt>17662403</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>American Value Realty</Desc>
        <BookValueAmt>6154677</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>DTC</Desc>
        <BookValueAmt>253299</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>Highbrook</Desc>
        <BookValueAmt>4296319</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>Renaissance</Desc>
        <BookValueAmt>5414906</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>SPIA</Desc>
        <BookValueAmt>30181028</BookValueAmt>
      </OtherSecuritiesGrp>
      <TotalBookValueSecuritiesAmt>97644862</TotalBookValueSecuritiesAmt>
      <OtherAssetsOrgGrp>
        <Desc>Other assets</Desc>
        <BookValueAmt>488633</BookValueAmt>
      </OtherAssetsOrgGrp>
      <TotalBookValueOtherAssetsAmt>488633</TotalBookValueOtherAssetsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>Due to College</Desc>
        <Amt>7953197</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>Securities Lending Collateral</Desc>
        <Amt>20122800</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>28075997</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>69984414</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>43428848</NetUnrealizedGainsInvstAmt>
      <RevenueNotReportedAmt>43428848</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>26555566</RevenueSubtotalAmt>
      <InvestmentExpensesNotIncldAmt>484829</InvestmentExpensesNotIncldAmt>
      <RevenueNotReportedFinclStmtAmt>484829</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>27040395</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>17375855</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>17375855</ExpensesSubtotalAmt>
      <InvestmentExpensesNotIncld2Amt>484829</InvestmentExpensesNotIncld2Amt>
      <ExpensesNotRptFinclStmtAmt>484829</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>17860684</TotalExpensesPerForm990Amt>
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    <IRS990ScheduleG documentId="990G">
      <FundraisingEventInformationGrp>
        <Event1Nm>Hall of Fame</Event1Nm>
        <GrossReceiptsEvent1Amt>78486</GrossReceiptsEvent1Amt>
        <CharitableContriEvent1Amt>18501</CharitableContriEvent1Amt>
        <GrossRevenueEvent1Amt>59985</GrossRevenueEvent1Amt>
        <OtherDirectExpensesEvent1Amt>30284</OtherDirectExpensesEvent1Amt>
        <GrossReceiptsTotalAmt>78486</GrossReceiptsTotalAmt>
        <CharitableContributionsTotAmt>18501</CharitableContributionsTotAmt>
        <GrossRevenueTotalEventsAmt>59985</GrossRevenueTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>30284</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>30284</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>29701</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="990I">
      <GrantRecordsMaintainedInd>true</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>Watson Institute</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>1310 College Avenue ste100</AddressLine1Txt>
          <CityNm>Boulder</CityNm>
          <StateAbbreviationCd>CO</StateAbbreviationCd>
          <ZIPCd>80302</ZIPCd>
        </USAddress>
        <RecipientEIN>461001797</RecipientEIN>
        <CashGrantAmt>50000</CashGrantAmt>
        <PurposeOfGrantTxt>Educational Assistance</PurposeOfGrantTxt>
      </RecipientTable>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>Scholarships and student aid</GrantTypeTxt>
        <RecipientCnt>4567</RecipientCnt>
        <CashGrantAmt>8433381</CashGrantAmt>
        <ValuationMethodUsedDesc>FMV</ValuationMethodUsedDesc>
      </GrantsOtherAsstToIndivInUSGrp>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="990J">
      <CompensationCommitteeInd>X</CompensationCommitteeInd>
      <WrittenEmploymentContractInd>X</WrittenEmploymentContractInd>
      <SeverancePaymentInd>false</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>false</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>false</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>false</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>false</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>false</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>false</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Rolando Montoya</PersonNm>
        <TitleTxt>Interim President</TitleTxt>
        <CompensationBasedOnRltdOrgsAmt>444541</CompensationBasedOnRltdOrgsAmt>
        <TotalCompensationRltdOrgsAmt>444541</TotalCompensationRltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Lenore Rodicio</PersonNm>
        <TitleTxt>Vice President and Provost</TitleTxt>
        <CompensationBasedOnRltdOrgsAmt>296620</CompensationBasedOnRltdOrgsAmt>
        <TotalCompensationRltdOrgsAmt>296620</TotalCompensationRltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Mark Cole</PersonNm>
        <TitleTxt>Executive Director</TitleTxt>
        <BaseCompensationFilingOrgAmt>188427</BaseCompensationFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>188427</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Ana Martinez</PersonNm>
        <TitleTxt>AVP of Development</TitleTxt>
        <BaseCompensationFilingOrgAmt>122215</BaseCompensationFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>122215</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Shannon Roddy</PersonNm>
        <TitleTxt>Chief Financial Officer</TitleTxt>
        <BaseCompensationFilingOrgAmt>101517</BaseCompensationFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>101517</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="990O">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 governing body review Part VI line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>The BODs audit committee reviews the annual tax return form 990 prior to its issuance</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Conflict of interest policy compliance Part VI line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>The Secretary of the Board of Directors reviews annual disclosure statements to determine whether any conflict of interest exists among Trustees; if so the audit committee chair and executive committee members monitor such activity throughout the year.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>CEO executive director top management comp Part VI line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>College holds responsibility for salary recommendations for executive team members of the College</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Other officer or key employee compensation Part VI line 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>Compensation is reviewed and approved by the Board of Trustees after studies of compensation plans of like institutions</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing documents etc available to public Part VI line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>Public notice is published for all Board meetings and minutes are available upon request</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part III response or note to any other line in Part III</FormAndLineReferenceDesc>
        <ExplanationTxt>Description of the Organizations MissionMiami Dade College Foundation is a Florida Not-For-Profit corporation formed to serve as a direct support oranization, as defined in section 1004.70 of the Florida statues, of Miami Dade College, which is legally separate but financially accountable to the College.The Foundation was organized and operates exclusively to receive,hold,invest,and adminster property and to make expenditures to,or for the benefit of the College including educational and cultural events.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="990R">
      <IdRelatedTaxExemptOrgGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>Miami Dade College</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>300 NE 2nd Avenue</AddressLine1Txt>
          <CityNm>Miami</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33132</ZIPCd>
        </USAddress>
        <EIN>591210485</EIN>
        <PrimaryActivitiesTxt>College</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>FL</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>501c</ExemptCodeSectionTxt>
        <PublicCharityStatusTxt>2</PublicCharityStatusTxt>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <ControlledOrganizationInd>false</ControlledOrganizationInd>
      </IdRelatedTaxExemptOrgGrp>
      <ReceiptOfIntAnntsRntsRyltsInd>false</ReceiptOfIntAnntsRntsRyltsInd>
      <GiftGrntOrCapContriToOthOrgInd>false</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>false</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>false</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>false</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>false</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>false</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>false</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>false</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>false</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>true</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>false</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>false</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>false</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>false</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>true</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>false</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>false</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>false</TransferFromOtherOrgInd>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>Miami Dade College</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>p</TransactionTypeTxt>
        <InvolvedAmt>15897114</InvolvedAmt>
        <MethodOfAmountDeterminationTxt>fair value</MethodOfAmountDeterminationTxt>
      </TransactionsRelatedOrgGrp>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>Miami Dade College</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>k</TransactionTypeTxt>
        <InvolvedAmt>121145</InvolvedAmt>
        <MethodOfAmountDeterminationTxt>FMV</MethodOfAmountDeterminationTxt>
      </TransactionsRelatedOrgGrp>
    </IRS990ScheduleR>
  </ReturnData>
</Return>