<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2022v5.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2023-10-13T11:20:21-07:00</ReturnTs>
    <TaxPeriodEndDt>2022-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>954120221</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Clumeck Stern Schenkelberg &amp; Getzoff</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>17404 Ventura Bl 2nd Floor</AddressLine1Txt>
        <CityNm>Encino</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>91316</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2022-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>980153886</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>HAMMER INTERNATIONAL FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>HAMM</BusinessNameControlTxt>
      <PhoneNum>8189901475</PhoneNum>
      <USAddress>
        <AddressLine1Txt>17404 VENTURA BLVD 2ND FL</AddressLine1Txt>
        <CityNm>ENCINO</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>91316</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>MARK ALFANO</PersonNm>
      <PersonTitleTxt>Treasurer</PersonTitleTxt>
      <SignatureDt>2023-10-13</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>MARK</PersonFirstNm>
        <PersonLastNm>ALFANO</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>L LARRY CLUMECK</PreparerPersonNm>
      <PTIN>P01371460</PTIN>
      <PhoneNum>8189062230</PhoneNum>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>0</TrustedCustomerCd>
        <AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
        <IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
        <FederatedAssuranceLevelCd>FAL1</FederatedAssuranceLevelCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2022</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="14">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation" softwareId="22015553" softwareVersionNum="2022v5.0">
      <ForeignOrganizationInd>X</ForeignOrganizationInd>
      <AddressChangeInd>X</AddressChangeInd>
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>73836532</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>4127</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>63230</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>63230</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>63230</InterestOnSavingsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt referenceDocumentId="GainLossFromSaleOtherAssetsSch">644772</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>2837012</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>68016</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSchedule2">53655</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>53655</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>765784</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>184901</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>63230</TotalAdjNetIncmAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="LegalFeesSchedule">108196</LegalFeesRevAndExpnssAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">28010</AccountingFeesRevAndExpnssAmt>
        <InterestRevAndExpnssAmt>1167</InterestRevAndExpnssAmt>
        <InterestNetInvstIncmAmt>53</InterestNetInvstIncmAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="DepreciationSchedule">151003</DeprecAndDpltnRevAndExpnssAmt>
        <OccupancyRevAndExpnssAmt>17342</OccupancyRevAndExpnssAmt>
        <TravConfMeetingRevAndExpnssAmt>21887</TravConfMeetingRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">261109</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>28173</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>588714</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>28226</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>175000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>175000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>763714</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>28226</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>175000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>2070</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>156675</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>63230</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>23494</CashBOYAmt>
        <CashEOYAmt>160071</CashEOYAmt>
        <CashEOYFMVAmt>160071</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>37935</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>49436</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>49436</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>3056602</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">2434559</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>2434559</CorporateStockEOYFMVAmt>
        <InvstLandCostOrOtherBasisAmt>7003509</InvstLandCostOrOtherBasisAmt>
        <LandBldgInvestmentsBOYAmt>5027520</LandBldgInvestmentsBOYAmt>
        <LandBldgInvestmentsEOYAmt referenceDocumentId="InvestmentsLandSchedule2">7003509</LandBldgInvestmentsEOYAmt>
        <LandBldgInvestmentsEOYFMVAmt>7003509</LandBldgInvestmentsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>320238</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2">44547470</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>60997470</OtherInvestmentsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>4686325</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>1502685</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>77810</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="LandEtcSchedule2">3183640</LandEOYAmt>
        <LandEOYFMVAmt>3183640</LandEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="OtherAssetsSchedule">1267694</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="OtherAssetsSchedule">7847</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="OtherAssetsSchedule">7847</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>9811293</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>57386532</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>73836532</TotalAssetsEOYFMVAmt>
        <MortgagesAndNotesPayableBOYAmt>6740648</MortgagesAndNotesPayableBOYAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="OtherLiabilitiesSchedule">63814</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="OtherLiabilitiesSchedule">1</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>6804462</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>1</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>3006831</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>57386531</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>3006831</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>57386531</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>9811293</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>57386532</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>3006831</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>2070</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSchedule">54847613</OtherIncreasesAmt>
        <SubtotalAmt>57856514</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSchedule">469983</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>57386531</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Morgan Stanley ST Covered</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-01-01</AcquiredDt>
          <SoldDt>2022-12-31</SoldDt>
          <GrossSalesPriceAmt>20111</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>21407</CostOrOtherBasisAmt>
          <GainOrLossAmt>-1296</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-1296</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Morgan Stanley LT Covered</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-01-01</AcquiredDt>
          <SoldDt>2022-12-31</SoldDt>
          <GrossSalesPriceAmt>933770</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>905864</CostOrOtherBasisAmt>
          <GainOrLossAmt>27906</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>27906</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Partnership income - Long Term Gain</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-01-01</AcquiredDt>
          <SoldDt>2022-12-31</SoldDt>
          <CostOrOtherBasisAmt>2625</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2625</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2625</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Partnership income - Short Term Gain</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-01-01</AcquiredDt>
          <SoldDt>2022-12-31</SoldDt>
          <CostOrOtherBasisAmt>2159</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2159</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2159</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Capital Gain Dividends</PropertyDesc>
          <GainOrLossAmt>46190</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>68016</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>-3455</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>7396</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>7396</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>7396</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>8400</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>8400</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="IRS2220">X</Form2220AttachedInd>
        <EsPenaltyAmt>1</EsPenaltyAmt>
        <OverpaymentAmt>1003</OverpaymentAmt>
        <AppliedToESTaxAmt>1003</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>MARK ALFANO</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>8189901475</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>600 SW 3rd ST Ste 5100 V</AddressLine1Txt>
          <CityNm>Pompano Beach</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33060</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>true</UndistributedIncomePYInd>
        <UndistributedIncomePY1Yr>2021</UndistributedIncomePY1Yr>
        <UndistrIncmSect4942a2NotAppInd>true</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MARK ALFANO</PersonNm>
          <USAddress>
            <AddressLine1Txt>600 SW 3rd STREET SUITE 5100</AddressLine1Txt>
            <CityNm>POMPANO BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33060</ZIPCd>
          </USAddress>
          <TitleTxt>Treasurer</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>REX ALEXANDER</PersonNm>
          <USAddress>
            <AddressLine1Txt>600 SW 3rd STREET SUITE 5100</AddressLine1Txt>
            <CityNm>POMPANO BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33060</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SAMUEL I LTD</PersonNm>
          <USAddress>
            <AddressLine1Txt>600 SW 3rd STREET SUITE 5100</AddressLine1Txt>
            <CityNm>POMPANO BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33060</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MISTY HAMMER</PersonNm>
          <USAddress>
            <AddressLine1Txt>600 SW 3rd STREET SUITE 5100</AddressLine1Txt>
            <CityNm>POMPANO BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33060</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MICHAEL A HAMMER</PersonNm>
          <USAddress>
            <AddressLine1Txt>600 SW 3rd STREET SUITE 5100</AddressLine1Txt>
            <CityNm>POMPANO BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33060</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JEFF KATOFSKY</PersonNm>
          <USAddress>
            <AddressLine1Txt>600 SW 3rd STREET SUITE 5100</AddressLine1Txt>
            <CityNm>POMPANO BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33060</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>RAISHA PARK</PersonNm>
          <USAddress>
            <AddressLine1Txt>600 SW 3rd STREET SUITE 5100</AddressLine1Txt>
            <CityNm>POMPANO BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33060</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Bull Canyon Inc</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>150 Toro Canyon</AddressLine1Txt>
            <CityNm>Carpenteria</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93013</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>Consulting</ServiceTypeTxt>
          <CompensationAmt>75000</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>2554101</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>875629</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>8596932</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>12026662</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>12026662</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>180400</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>11846262</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>592313</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>592313</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>7396</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>7396</TotalTaxAmt>
        <DistributableBeforeAdjAmt>584917</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>584917</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>584917</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>175000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>175000</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>584917</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>245418</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>175000</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>175000</AppliedToYear1Amt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <Taxable2Amt>70418</Taxable2Amt>
        <UndistributedIncomeCYAmt>584917</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>MARK ALFANO</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>600 SW 3RD STREET SUITE 5100 V</AddressLine1Txt>
            <CityNm>POMPANO BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33060</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>3109405590</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>No particular Form required</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>No deadlines for submission of applications</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>ORGANIZATIONS DESCRIBED IN IRS 509(A)(1)-93; NO GRANTS ARE MADE TOINDIVIDUALS.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Pepperdine University</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>24255 East Pacific Coast Highway</AddressLine1Txt>
            <CityNm>Malibu</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90263</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General operations</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BACA Piney Woods Chapter</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 151025</AddressLine1Txt>
            <CityNm>Lufkin</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75915</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General operations</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>The Dream Center</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2301 BELLEVUE AVE</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90026</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General operations</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ARMAND HAMMER MUSEUM OF ART</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>10899 WILSHIRE BLVD</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90024</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General operations</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>175000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>63230</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>644772</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>Partnership Income</Desc>
          <ExclusionCd>1</ExclusionCd>
          <ExclusionAmt>53655</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>761657</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>761657</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="22015553" softwareVersionNum="2022v5.0">
      <AccountingFeesDetail>
        <CategoryTxt>Accounting</CategoryTxt>
        <Amt>28010</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSchedule" softwareId="22015553" softwareVersionNum="2022v5.0">
      <DepreciationPropertyGrp>
        <PropertyDesc>2017 Jeep Wrangler</PropertyDesc>
        <AcquiredDt>2020-07-21</AcquiredDt>
        <CostOrOtherBasisAmt>108572</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>30762</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.2000</Rt>
        <CurrentYearExpenseAmt>21714</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Villa Real Building</PropertyDesc>
        <AcquiredDt>2011-03-09</AcquiredDt>
        <CostOrOtherBasisAmt>282600</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>78499</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>7246</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2017 Chevy Silverado</PropertyDesc>
        <AcquiredDt>2019-10-28</AcquiredDt>
        <CostOrOtherBasisAmt>47500</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>20583</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.2000</Rt>
        <CurrentYearExpenseAmt>9500</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>39 Yr Improvements</PropertyDesc>
        <AcquiredDt>2011-04-04</AcquiredDt>
        <CostOrOtherBasisAmt>1967478</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>485004</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>50446</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>15 Yr Improvements</PropertyDesc>
        <AcquiredDt>2011-04-04</AcquiredDt>
        <CostOrOtherBasisAmt>198625</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>107171</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0667</Rt>
        <CurrentYearExpenseAmt>13248</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>15 Yr Land Improvements</PropertyDesc>
        <AcquiredDt>2011-04-04</AcquiredDt>
        <CostOrOtherBasisAmt>43775</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>15962</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0667</Rt>
        <CurrentYearExpenseAmt>2920</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Security Camera Upgrade</PropertyDesc>
        <AcquiredDt>2016-07-11</AcquiredDt>
        <CostOrOtherBasisAmt>58274</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>45787</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.1429</Rt>
        <CurrentYearExpenseAmt>8327</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>IMAC Computer</PropertyDesc>
        <AcquiredDt>2017-03-09</AcquiredDt>
        <CostOrOtherBasisAmt>3697</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3572</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.1000</Rt>
        <CurrentYearExpenseAmt>125</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>IMAC Pro</PropertyDesc>
        <AcquiredDt>2019-04-10</AcquiredDt>
        <CostOrOtherBasisAmt>6035</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3319</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.2000</Rt>
        <CurrentYearExpenseAmt>1207</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Artwork</PropertyDesc>
        <AcquiredDt>2017-06-24</AcquiredDt>
        <CostOrOtherBasisAmt>4600</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4140</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.1000</Rt>
        <CurrentYearExpenseAmt>460</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Artwork</PropertyDesc>
        <AcquiredDt>2017-09-25</AcquiredDt>
        <CostOrOtherBasisAmt>25000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>21250</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.1000</Rt>
        <CurrentYearExpenseAmt>2500</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Artwork</PropertyDesc>
        <AcquiredDt>2017-10-06</AcquiredDt>
        <CostOrOtherBasisAmt>20000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>17000</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.1000</Rt>
        <CurrentYearExpenseAmt>2000</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Artwork</PropertyDesc>
        <AcquiredDt>2019-05-01</AcquiredDt>
        <CostOrOtherBasisAmt>49450</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>26373</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.2000</Rt>
        <CurrentYearExpenseAmt>9890</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Artwork</PropertyDesc>
        <AcquiredDt>2019-05-09</AcquiredDt>
        <CostOrOtherBasisAmt>6500</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3467</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.2000</Rt>
        <CurrentYearExpenseAmt>1300</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Rugs</PropertyDesc>
        <AcquiredDt>2020-01-22</AcquiredDt>
        <CostOrOtherBasisAmt>6000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2300</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.2000</Rt>
        <CurrentYearExpenseAmt>1200</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Art for Office</PropertyDesc>
        <AcquiredDt>2020-09-18</AcquiredDt>
        <CostOrOtherBasisAmt>20950</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5238</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.2000</Rt>
        <CurrentYearExpenseAmt>4190</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Art for Office</PropertyDesc>
        <AcquiredDt>2021-02-11</AcquiredDt>
        <CostOrOtherBasisAmt>22850</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4189</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.2000</Rt>
        <CurrentYearExpenseAmt>4570</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Art for Office</PropertyDesc>
        <AcquiredDt>2021-11-30</AcquiredDt>
        <CostOrOtherBasisAmt>50800</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>847</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.2000</Rt>
        <CurrentYearExpenseAmt>10160</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <GainLossSaleOtherAssetsSch documentId="GainLossFromSaleOtherAssetsSch" softwareId="22015553" softwareVersionNum="2022v5.0">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>Seacrest Condo #14</AssetDesc>
        <AcquiredDt>2020-01</AcquiredDt>
        <HowAcquiredTxt>Purchase</HowAcquiredTxt>
        <SoldDt>2022-02</SoldDt>
        <GrossSalesPriceAmt>1836941</GrossSalesPriceAmt>
        <BasisAmt>1260185</BasisAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>576756</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="22015553" softwareVersionNum="2022v5.0">
      <InvestmentsCorporateStockGrp>
        <StockNm>Mututal Funds</StockNm>
        <EOYBookValueAmt>2366415</EOYBookValueAmt>
        <EOYFMVAmt>2366415</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Marketable Securities</StockNm>
        <EOYBookValueAmt>68144</EOYBookValueAmt>
        <EOYFMVAmt>68144</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsLandSchedule2 documentId="InvestmentsLandSchedule2" softwareId="22015553" softwareVersionNum="2022v5.0">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>Buildings</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>6887656</CostOrOtherBasisAmt>
        <BookValueAmt>6887656</BookValueAmt>
        <EOYFMVAmt>6887656</EOYFMVAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>Land</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>115853</CostOrOtherBasisAmt>
        <BookValueAmt>115853</BookValueAmt>
        <EOYFMVAmt>115853</EOYFMVAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2" softwareId="22015553" softwareVersionNum="2022v5.0">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Laws Street Partnership</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>264734</BookValueAmt>
        <EOYFMVAmt>264734</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Kairos Venture Opportunities I LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>430540</BookValueAmt>
        <EOYFMVAmt>430540</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Kairos Venture Partners III AIV LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>7654</BookValueAmt>
        <EOYFMVAmt>7654</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Kairos Venture Partners III LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>791292</BookValueAmt>
        <EOYFMVAmt>791292</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Artwork</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>43053250</BookValueAmt>
        <EOYFMVAmt>59503250</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="LandEtcSchedule2" softwareId="22015553" softwareVersionNum="2022v5.0">
      <LandEtcGrp>
        <CategoryOrItemTxt>Auto./Transportation Equip.</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>256707</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>183194</AccumulatedDepreciationAmt>
        <BookValueAmt>73513</BookValueAmt>
        <EOYFMVAmt>73513</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Furniture and Fixtures</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>548753</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>463677</AccumulatedDepreciationAmt>
        <BookValueAmt>85076</BookValueAmt>
        <EOYFMVAmt>85076</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Machinery and Equipment</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>42713</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>41204</AccumulatedDepreciationAmt>
        <BookValueAmt>1509</BookValueAmt>
        <EOYFMVAmt>1509</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Buildings</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>282600</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>85745</AccumulatedDepreciationAmt>
        <BookValueAmt>196855</BookValueAmt>
        <EOYFMVAmt>196855</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Improvements</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2268152</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>728865</AccumulatedDepreciationAmt>
        <BookValueAmt>1539287</BookValueAmt>
        <EOYFMVAmt>1539287</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1287400</CostOrOtherBasisAmt>
        <BookValueAmt>1287400</BookValueAmt>
        <EOYFMVAmt>1287400</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="LegalFeesSchedule" softwareId="22015553" softwareVersionNum="2022v5.0">
      <LegalFeesGrp>
        <CategoryTxt>Legal Fees</CategoryTxt>
        <LegalFeesAmt>108196</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule" softwareId="22015553" softwareVersionNum="2022v5.0">
      <OtherAssetsScheduleGrp>
        <Desc>A/R Laws Street Partnership</Desc>
        <BOYBookValueAmt>7508</BOYBookValueAmt>
        <EOYBookValueAmt>7508</EOYBookValueAmt>
        <EOYFMVAmt>7508</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Due to Michael Hammer</Desc>
        <EOYBookValueAmt>339</EOYBookValueAmt>
        <EOYFMVAmt>339</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="22015553" softwareVersionNum="2022v5.0">
      <OtherExpensesScheduleGrp>
        <Desc>Automobile Expenses</Desc>
        <RevenueAndExpensesPerBooksAmt>9741</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>320</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Computer &amp; Internet</Desc>
        <RevenueAndExpensesPerBooksAmt>5401</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Consulting</Desc>
        <RevenueAndExpensesPerBooksAmt>97500</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Dues &amp; Subscriptions</Desc>
        <RevenueAndExpensesPerBooksAmt>5877</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Federal Excise Tax</Desc>
        <RevenueAndExpensesPerBooksAmt>3240</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>4249</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Investment advisory</Desc>
        <RevenueAndExpensesPerBooksAmt>25411</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>25411</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Meals &amp; Entertainment</Desc>
        <RevenueAndExpensesPerBooksAmt>750</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS</Desc>
        <RevenueAndExpensesPerBooksAmt>17953</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>419</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Partnership expenses</Desc>
        <RevenueAndExpensesPerBooksAmt>2762</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2762</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Property Maintenance Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>69951</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>repairs &amp; Maintenance</Desc>
        <RevenueAndExpensesPerBooksAmt>17285</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Sec of State Penalty</Desc>
        <RevenueAndExpensesPerBooksAmt>250</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="22015553" softwareVersionNum="2022v5.0">
      <OtherIncomeDetail>
        <Desc>Partnership Income</Desc>
        <RevenueAndExpensesPerBooksAmt>53655</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>53655</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule" softwareId="22015553" softwareVersionNum="2022v5.0">
      <OtherIncreasesDetail>
        <Desc>Assets Transferred on Merger</Desc>
        <Amt>54847260</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>Tax exempt income</Desc>
        <Amt>353</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabilitiesSchedule" softwareId="22015553" softwareVersionNum="2022v5.0">
      <OtherLiabilitiesDetail>
        <Desc>OTHER LIABILITIES</Desc>
        <BOYBookValueAmt>63814</BOYBookValueAmt>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>Rounding</Desc>
        <EOYBookValueAmt>1</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
  </ReturnData>
</Return>
