<?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="2021v4.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2022-11-15T09:33:52-06:00</ReturnTs>
    <TaxPeriodEndDt>2021-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>130485070</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>BERDON LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>360 MADISON AVENUE</AddressLine1Txt>
        <CityNm>NEW YORK</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>10017</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2021-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>133185696</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>FRAYDUN FOUNDATION INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>FRAY</BusinessNameControlTxt>
      <PhoneNum>2128374800</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PAN AM EQUITIES INC 18 E 50TH ST</AddressLine1Txt>
        <CityNm>NEW YORK</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>10022</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>SCOTT SOLOMON</PersonNm>
      <PersonTitleTxt>TREASURER</PersonTitleTxt>
      <PhoneNum>2128374800</PhoneNum>
      <SignatureDt>2022-11-11</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>SCOTT</PersonFirstNm>
        <PersonLastNm>SOLOMON</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>MAURY GOLBERT</PreparerPersonNm>
      <PTIN>P00748248</PTIN>
      <PhoneNum>2128320400</PhoneNum>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>3</TrustedCustomerCd>
        <AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
        <IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2021</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="9">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>11974821</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>1687905</ContriRcvdRevAndExpnssAmt>
        <DividendsRevAndExpnssAmt>362881</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>362881</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>362881</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>400282</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>2793018</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>400282</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>2451068</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>763163</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>362881</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstAdjNetIncmAmt>0</CompOfcrDirTrstAdjNetIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">1881</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>0</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>0</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>1881</AccountingFeesChrtblPrpsAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">750</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>0</TaxesNetInvstIncmAmt>
        <TaxesAdjNetIncmAmt>0</TaxesAdjNetIncmAmt>
        <TaxesDsbrsChrtblAmt>750</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">160</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>0</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>0</OtherExpensesAdjNetIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>160</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>2791</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>0</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>2791</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>140100</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>140100</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>142891</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>0</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>142891</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>2308177</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>763163</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>362881</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>70260</CashBOYAmt>
        <CashEOYAmt>71370</CashEOYAmt>
        <CashEOYFMVAmt>71370</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>3637268</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>1050035</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>1050035</SavAndTempCashInvstEOYFMVAmt>
        <AcctRcvblAmt>50000</AcctRcvblAmt>
        <AcctRcvblEOYAmt>50000</AcctRcvblEOYAmt>
        <AcctRcvblEOYFMVAmt>50000</AcctRcvblEOYFMVAmt>
        <CorporateStockBOYAmt>836272</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">1574469</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>2097398</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>5322503</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2044400001">8603668</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>8584818</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>3981</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc2018100001">87582</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>121200</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>9870284</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>11437124</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>11974821</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>51000</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>51000</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>0</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>0</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>9819284</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>11386124</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>9870284</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>11437124</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>9870284</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>11437124</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>9870284</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>2308177</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>12178461</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc2049800001">741337</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>11437124</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500000 SH GOLDMAN SACHS GROUP INC</PropertyDesc>
          <AcquiredDt>2018-08-07</AcquiredDt>
          <SoldDt>2021-03-17</SoldDt>
          <GrossSalesPriceAmt>403166</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>384949</CostOrOtherBasisAmt>
          <GainOrLossAmt>18217</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>18217</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1000 SH ALIBABA GROUP HOLDING LTD</PropertyDesc>
          <AcquiredDt>2020-11-03</AcquiredDt>
          <SoldDt>2021-05-21</SoldDt>
          <GrossSalesPriceAmt>212824</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>77699</CostOrOtherBasisAmt>
          <GainOrLossAmt>135125</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>135125</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1007 SH MEITUAN REGISTERED</PropertyDesc>
          <AcquiredDt>2021-06-02</AcquiredDt>
          <SoldDt>2021-06-03</SoldDt>
          <GrossSalesPriceAmt>40304</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3515</CostOrOtherBasisAmt>
          <GainOrLossAmt>36789</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>36789</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>125000 SH THE ADT CORPORATION NT 3.5%</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2021-07-08</AcquiredDt>
          <SoldDt>2021-08-30</SoldDt>
          <GrossSalesPriceAmt>128438</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>127861</CostOrOtherBasisAmt>
          <GainOrLossAmt>577</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>577</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500000 SH WACHOVIA CAP TR III FIXED-FLTG RAT</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-10-15</AcquiredDt>
          <SoldDt>2021-03-15</SoldDt>
          <GrossSalesPriceAmt>500000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>500000</CostOrOtherBasisAmt>
          <GainOrLossAmt>0</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>0</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100000 SH ILFC E-CAPITAL TRUST REG S</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-05-25</AcquiredDt>
          <SoldDt>2021-03-17</SoldDt>
          <GrossSalesPriceAmt>81668</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>98391</CostOrOtherBasisAmt>
          <GainOrLossAmt>-16723</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-16723</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100000 SH ILFC E-CAPITAL TRUST REG S</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-06-15</AcquiredDt>
          <SoldDt>2021-03-17</SoldDt>
          <GrossSalesPriceAmt>81668</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>98274</CostOrOtherBasisAmt>
          <GainOrLossAmt>-16606</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-16606</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>251 SH GMAC CAP TR I P/C</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-12-02</AcquiredDt>
          <SoldDt>2021-05-24</SoldDt>
          <GrossSalesPriceAmt>6275</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6574</CostOrOtherBasisAmt>
          <GainOrLossAmt>-299</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-299</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>417 SH GMAC CAP TR I P/C</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-12-02</AcquiredDt>
          <SoldDt>2021-05-24</SoldDt>
          <GrossSalesPriceAmt>10425</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>10922</CostOrOtherBasisAmt>
          <GainOrLossAmt>-497</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-497</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>10000 SH GMAC CAP TR I P/C</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2018-12-07</AcquiredDt>
          <SoldDt>2021-05-24</SoldDt>
          <GrossSalesPriceAmt>250000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>255404</CostOrOtherBasisAmt>
          <GainOrLossAmt>-5404</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-5404</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100 SH GMAC CAP TR I P/C</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-12-02</AcquiredDt>
          <SoldDt>2021-07-02</SoldDt>
          <GrossSalesPriceAmt>2500</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2619</CostOrOtherBasisAmt>
          <GainOrLossAmt>-119</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-119</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>6572 SH GMAC CAP TR I P/C</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-12-02</AcquiredDt>
          <SoldDt>2021-07-02</SoldDt>
          <GrossSalesPriceAmt>164300</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>172126</CostOrOtherBasisAmt>
          <GainOrLossAmt>-7826</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-7826</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>325 SH GMAC CAP TR I P/C</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-12-02</AcquiredDt>
          <SoldDt>2021-07-06</SoldDt>
          <GrossSalesPriceAmt>8125</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8512</CostOrOtherBasisAmt>
          <GainOrLossAmt>-387</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-387</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>7 SH GMAC CAP TR I P/C</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-12-02</AcquiredDt>
          <SoldDt>2021-07-06</SoldDt>
          <GrossSalesPriceAmt>175</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>184</CostOrOtherBasisAmt>
          <GainOrLossAmt>-9</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-9</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100 SH GMAC CAP TR I P/C</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-12-02</AcquiredDt>
          <SoldDt>2021-07-06</SoldDt>
          <GrossSalesPriceAmt>2500</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2619</CostOrOtherBasisAmt>
          <GainOrLossAmt>-119</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-119</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>2000 SH JD.COM INC</PropertyDesc>
          <AcquiredDt>2018-12-06</AcquiredDt>
          <SoldDt>2021-07-06</SoldDt>
          <GrossSalesPriceAmt>145998</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>65121</CostOrOtherBasisAmt>
          <GainOrLossAmt>80877</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>80877</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>250000 SH CAPITAL ONE FINANCIAL CORP</PropertyDesc>
          <AcquiredDt>2015-05-14</AcquiredDt>
          <SoldDt>2021-09-01</SoldDt>
          <GrossSalesPriceAmt>250000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>252073</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2073</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2073</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>2835 SH JD.COM INC</PropertyDesc>
          <AcquiredDt>2017-10-18</AcquiredDt>
          <SoldDt>2021-09-30</SoldDt>
          <GrossSalesPriceAmt>205279</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>92308</CostOrOtherBasisAmt>
          <GainOrLossAmt>112971</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>112971</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>25 SH JD.COM INC</PropertyDesc>
          <AcquiredDt>2017-10-24</AcquiredDt>
          <SoldDt>2021-09-30</SoldDt>
          <GrossSalesPriceAmt>1810</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>814</CostOrOtherBasisAmt>
          <GainOrLossAmt>996</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>996</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1642 SH ALIBABA GROUP HOLDING LTD</PropertyDesc>
          <AcquiredDt>2016-12-15</AcquiredDt>
          <SoldDt>2021-09-30</SoldDt>
          <GrossSalesPriceAmt>241863</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>148142</CostOrOtherBasisAmt>
          <GainOrLossAmt>93721</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>93721</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>2228 SH GMAC CAP TR I P/C</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-12-02</AcquiredDt>
          <SoldDt>2021-10-15</SoldDt>
          <GrossSalesPriceAmt>55700</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>58353</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2653</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2653</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>WTS AMERICAN INTERNATIONAL GROUP INC EXP $44.9036</PropertyDesc>
          <SoldDt>2021-12-31</SoldDt>
          <CostOrOtherBasisAmt>26276</CostOrOtherBasisAmt>
          <GainOrLossAmt>-26276</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-26276</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>400282</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>172491</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>10608</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>10608</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>10608</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>23402</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>1500</ExtsnRequestIncomeTaxPaidAmt>
        <BackupWithholdingWithheldAmt>0</BackupWithholdingWithheldAmt>
        <TotalPaymentsAndCreditsAmt>24902</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>0</EsPenaltyAmt>
        <OverpaymentAmt>14294</OverpaymentAmt>
        <AppliedToESTaxAmt>14294</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>NY</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>SCOTT SOLOMON</IndividualWithBooksNm>
        <PhoneNum>2128374800</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>18 EAST 50TH STREET</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>0</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <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>FRAYDUN MANOCHERIAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>215 WEAVER STREET</AddressLine1Txt>
            <CityNm>SCARSDALE</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10583</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR AS REQ'D</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JENNIFER MANOCHERIAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>215 WEAVER STREET</AddressLine1Txt>
            <CityNm>SCARSDALE</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10583</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR AS REQ'D</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KIMBERLY MANOCHERIAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>135 CENTRAL PARK WEST</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10023</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR AS REQ'D</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>9078632</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>1775726</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>10854358</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>10854358</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>162815</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>10691543</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>534577</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>534577</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>10608</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>10608</TotalTaxAmt>
        <DistributableBeforeAdjAmt>523969</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>523969</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>523969</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>142891</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>142891</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>523969</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr2Amt>718972</ExcessDistributionCyovYr2Amt>
        <TotalExcessDistributionCyovAmt>718972</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>142891</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>142891</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>381078</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>381078</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>337894</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>337894</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear2Amt>337894</ExcessFromYear2Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BEADS FOR EDUCATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 784</AddressLine1Txt>
            <CityNm>BROOKFIELD</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06804</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CANCEL FOR UNITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>360 MADISON AVE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHAMBER MUSIC SOCIETY OF LINCOLN CENTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>70 LINCOLN CENTER PLAZA</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10023</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>4000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHESHIRE HOME</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>9 RIDGEDALE AVE</AddressLine1Txt>
            <CityNm>FLORHAM PARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07932</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHILDREN'S THEATRE COMPANY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>526 WEST 26TH STREET SUITE 1012</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10001</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COALITION FOR THE HOMELESS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>129 FULTON ST</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10038</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EMPIRE STATE COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>500 SEAVIEW AVE SUITE 230</AddressLine1Txt>
            <CityNm>STATEN ISLAND</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10305</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FEEDING AMERICA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1627 I STREET NW SUITE 1000</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20006</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FOUNTAIN HOUSE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>425 W 47TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10036</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRACTURED ATLAS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 55</AddressLine1Txt>
            <CityNm>HARTSDALE</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10530</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOPE SHINES INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1031 33RD STREET SUITE 174</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80205</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LIFTING UP WESTCHESTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>35 ORCHARD ST</AddressLine1Txt>
            <CityNm>WHITE PLAINS</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10603</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ROUNDABBOUT THEATRE COMPANY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>231 W 39TH ST 1200</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10018</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAFE PASSAGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>104 OAKLAND AVENUE</AddressLine1Txt>
            <CityNm>ROCK HILL</CityNm>
            <StateAbbreviationCd>SC</StateAbbreviationCd>
            <ZIPCd>29730</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SALVATION ARMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>615 SLATERS LANE</AddressLine1Txt>
            <CityNm>ALEXANDRIA</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22314</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAVE THE CHILDREN-SPECIAL GIFTS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>501 KINGS HWY E - SUITE 400</AddressLine1Txt>
            <CityNm>FAIRFIELD</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06825</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SUNY IMPACT FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>116 E 55TH ST</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE ACTORS FUND</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>729 7TH AVENUE 10TH FL</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10019</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>4000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE ORCHARD PROJECT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>23 E 4TH STREET 3</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10003</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE PEACE STUDIO</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>19 WEST 21ST STREET SUITE 501</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10010</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>4600</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE RUSSELL J EFROS FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1391 OLD NORTHERN BLVD</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11576</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE YORK THEATRE COMPANY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>619 LEXINGTON AVE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNION SETTLEMENT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>237 E 104TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10029</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WESTOVER SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>412 STILLWATER AVENUE</AddressLine1Txt>
            <CityNm>STAMFORD</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06902</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>140100</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>362881</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>400282</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>763163</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>763163</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>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>PAMELA EQUTIES CORP</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>18 EAST 50TH ST</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>145560</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>PAMELA EQUTIES CORP</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>18 EAST 50TH ST</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>40469</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>3</ContributorNum>
        <ContributorPersonNm>FRAYDUN MANOCHERIAN</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>18 EAST 50TH ST</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>123112</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>4</ContributorNum>
        <ContributorPersonNm>FRAYDUN MANOCHERIAN</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>18 EAST 50TH ST</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>90260</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>5</ContributorNum>
        <ContributorPersonNm>FRAYDUN MANOCHERIAN</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>18 EAST 50TH ST</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>176648</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>6</ContributorNum>
        <ContributorPersonNm>FRAYDUN MANOCHERIAN</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>18 EAST 50TH ST</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>213720</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>7</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>PAMELA EQUTIES CORP</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>18 EAST 50TH ST</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>242326</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>8</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>PAMELA EQUTIES CORP</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>18 EAST 50TH ST</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>204833</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>9</ContributorNum>
        <ContributorPersonNm>FRAYDUN MANOCHERIAN</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>18 EAST 50TH ST</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>450977</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>2000 SH STOCKS OF JD.COM</NoncashPropertyDesc>
        <FairMarketValueAmt>145560</FairMarketValueAmt>
        <ReceivedDt>2021-05-11</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>2</ContributorNum>
        <NoncashPropertyDesc>1007 SH STOCKS OF MEITUAN</NoncashPropertyDesc>
        <FairMarketValueAmt>40469</FairMarketValueAmt>
        <ReceivedDt>2021-05-28</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>3</ContributorNum>
        <NoncashPropertyDesc>2296 SH STOCKS OF ANAPLAN INC.</NoncashPropertyDesc>
        <FairMarketValueAmt>123112</FairMarketValueAmt>
        <ReceivedDt>2021-05-14</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>4</ContributorNum>
        <NoncashPropertyDesc>2000 SH STOCKS OF RENASANT CORP.</NoncashPropertyDesc>
        <FairMarketValueAmt>90260</FairMarketValueAmt>
        <ReceivedDt>2021-05-14</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>5</ContributorNum>
        <NoncashPropertyDesc>400 SH STOCKS OF BROADCOM</NoncashPropertyDesc>
        <FairMarketValueAmt>176648</FairMarketValueAmt>
        <ReceivedDt>2021-05-14</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>6</ContributorNum>
        <NoncashPropertyDesc>1000 SH STOCKS OF ALIBABA</NoncashPropertyDesc>
        <FairMarketValueAmt>213720</FairMarketValueAmt>
        <ReceivedDt>2021-05-18</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>7</ContributorNum>
        <NoncashPropertyDesc>1642 SH STOCKS OF ALIBABA</NoncashPropertyDesc>
        <FairMarketValueAmt>242326</FairMarketValueAmt>
        <ReceivedDt>2021-09-29</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>8</ContributorNum>
        <NoncashPropertyDesc>2860 SH STOCKS OF JD.COM</NoncashPropertyDesc>
        <FairMarketValueAmt>204833</FairMarketValueAmt>
        <ReceivedDt>2021-09-29</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>9</ContributorNum>
        <NoncashPropertyDesc>1428 SH STOCKS OF FACEBOOK INC.</NoncashPropertyDesc>
        <FairMarketValueAmt>450977</FairMarketValueAmt>
        <ReceivedDt>2021-10-25</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING &amp; TAX PREPARATION</CategoryTxt>
        <Amt>1881</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1881</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorporateBondsGrp>
        <BondNm>AERCAP HLDGS N V 5.9% DUE 10/10/2024</BondNm>
        <EOYBookValueAmt>256025</EOYBookValueAmt>
        <EOYFMVAmt>258750</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK AMER CORP SR NOTE 6.1% DUE 03/17/2025</BondNm>
        <EOYBookValueAmt>545745</EOYBookValueAmt>
        <EOYFMVAmt>541875</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK AMER CORP SR NOTE 5.2% DUE 12/29/2049</BondNm>
        <EOYBookValueAmt>213801</EOYBookValueAmt>
        <EOYFMVAmt>206500</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK AMER CORP SR NOTE 6.3% DUE 10/23/2049</BondNm>
        <EOYBookValueAmt>546897</EOYBookValueAmt>
        <EOYFMVAmt>538125</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CAPITAL ONE FINANCIAL CORP 5.550% DUE 12/29/2049</BondNm>
        <EOYBookValueAmt>262264</EOYBookValueAmt>
        <EOYFMVAmt>251250</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CITIGROUP INC 6.30% DUE 12/29/2049</BondNm>
        <EOYBookValueAmt>416900</EOYBookValueAmt>
        <EOYFMVAmt>419252</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CITIGROUP INC 5.950% DUE 12/29/2049</BondNm>
        <EOYBookValueAmt>201805</EOYBookValueAmt>
        <EOYFMVAmt>206000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CITIGROUP INC 5.35% DUE 5/29/2049</BondNm>
        <EOYBookValueAmt>208464</EOYBookValueAmt>
        <EOYFMVAmt>203750</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GOLDMAN SACHS GROUP 5.5% DUE 5/11/2024</BondNm>
        <EOYBookValueAmt>1025005</EOYBookValueAmt>
        <EOYFMVAmt>1055000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JPMORGAN CHASE &amp; CO 6.125% DUE 12/29/2049</BondNm>
        <EOYBookValueAmt>209447</EOYBookValueAmt>
        <EOYFMVAmt>212500</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SCHWAB CHARLES CORP NEW</BondNm>
        <EOYBookValueAmt>175955</EOYBookValueAmt>
        <EOYFMVAmt>150375</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WELL FARGO &amp; CO NEW 5.9% DUE 6/15/2024</BondNm>
        <EOYBookValueAmt>207988</EOYBookValueAmt>
        <EOYFMVAmt>211028</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AIR LEASE CORP 4.125% DUE 12/15/2051</BondNm>
        <EOYBookValueAmt>148888</EOYBookValueAmt>
        <EOYFMVAmt>148875</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ALLY FINANCIAL INC 4.7%</BondNm>
        <EOYBookValueAmt>185952</EOYBookValueAmt>
        <EOYFMVAmt>181563</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ALLY FINL INC 4.7% DUE 6/2/2080</BondNm>
        <EOYBookValueAmt>255202</EOYBookValueAmt>
        <EOYFMVAmt>257700</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AMERICAN HIGH INCOME TR</BondNm>
        <EOYBookValueAmt>511342</EOYBookValueAmt>
        <EOYFMVAmt>521822</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BALL CORP 4% DUE 11/15/2023</BondNm>
        <EOYBookValueAmt>209023</EOYBookValueAmt>
        <EOYFMVAmt>208750</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CIT GROUP INC NEW 5% DUE 8/1/2023</BondNm>
        <EOYBookValueAmt>212102</EOYBookValueAmt>
        <EOYFMVAmt>211250</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EXPEDIA GROUP INC CR SEN 3.6% DUE 12/15/2023</BondNm>
        <EOYBookValueAmt>209802</EOYBookValueAmt>
        <EOYFMVAmt>207795</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EXPEDIA INC DEL 4.5% DUE 8/15/2024</BondNm>
        <EOYBookValueAmt>108564</EOYBookValueAmt>
        <EOYFMVAmt>106859</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FORD MOTOR CREDIT CO 5.584% DUE 3/18/2024</BondNm>
        <EOYBookValueAmt>211949</EOYBookValueAmt>
        <EOYFMVAmt>215500</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GENERAL MTRS FINL CO INC 3.55% DUE 7/8/2022</BondNm>
        <EOYBookValueAmt>203316</EOYBookValueAmt>
        <EOYFMVAmt>202905</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HANESBRANDS INC 4.625% DUE 5/15/2024</BondNm>
        <EOYBookValueAmt>105957</EOYBookValueAmt>
        <EOYFMVAmt>104714</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>INTERNATIONAL GAME 5.35% DUE 10/15/2023</BondNm>
        <EOYBookValueAmt>106601</EOYBookValueAmt>
        <EOYFMVAmt>104250</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KB HOME 7.5% DUE 9/15/2022</BondNm>
        <EOYBookValueAmt>208707</EOYBookValueAmt>
        <EOYFMVAmt>208500</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>NATWEST GROUP PCL 6.125% DUE 12/15/2022</BondNm>
        <EOYBookValueAmt>210333</EOYBookValueAmt>
        <EOYFMVAmt>209180</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>NEWMARK GROUP INC 6.125% DUE 11/15/2023</BondNm>
        <EOYBookValueAmt>108444</EOYBookValueAmt>
        <EOYFMVAmt>107000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PGIM HIGH YIELD FUND</BondNm>
        <EOYBookValueAmt>516741</EOYBookValueAmt>
        <EOYFMVAmt>513359</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SEAGATE HDD CAYMAN 4.75% DUE 6/1/2023</BondNm>
        <EOYBookValueAmt>209278</EOYBookValueAmt>
        <EOYFMVAmt>209043</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>T-MOBILE USA INC 4% DUE 4/15/2022</BondNm>
        <EOYBookValueAmt>201497</EOYBookValueAmt>
        <EOYFMVAmt>201152</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TEVA PHARMACEUTICAL FIN 2.8% DUE 7/21/2023</BondNm>
        <EOYBookValueAmt>99638</EOYBookValueAmt>
        <EOYFMVAmt>100346</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TOLL BROS FIN CORP 4.375% DUE 4/15/2023</BondNm>
        <EOYBookValueAmt>103854</EOYBookValueAmt>
        <EOYFMVAmt>103250</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>XEROX CORP 4.375% DUE 3/15/2023</BondNm>
        <EOYBookValueAmt>206182</EOYBookValueAmt>
        <EOYFMVAmt>206600</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>AXA EQUITABLE HLDS INC</StockNm>
        <EOYBookValueAmt>115000</EOYBookValueAmt>
        <EOYFMVAmt>121900</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BOEING CO</StockNm>
        <EOYBookValueAmt>57683</EOYBookValueAmt>
        <EOYFMVAmt>140924</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FORD MOTOR COMPANY</StockNm>
        <EOYBookValueAmt>120000</EOYBookValueAmt>
        <EOYFMVAmt>129840</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ABBVIE INC</StockNm>
        <EOYBookValueAmt>83260</EOYBookValueAmt>
        <EOYFMVAmt>105612</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ANAPLAN INC</StockNm>
        <EOYBookValueAmt>20137</EOYBookValueAmt>
        <EOYFMVAmt>105272</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AT&amp;T INC</StockNm>
        <EOYBookValueAmt>83530</EOYBookValueAmt>
        <EOYFMVAmt>68265</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BROADCOM INC</StockNm>
        <EOYBookValueAmt>89186</EOYBookValueAmt>
        <EOYFMVAmt>266164</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DUKE ENERGY CORPORATION</StockNm>
        <EOYBookValueAmt>83360</EOYBookValueAmt>
        <EOYFMVAmt>90739</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JPMORGAN CHASE &amp; CO</StockNm>
        <EOYBookValueAmt>100084</EOYBookValueAmt>
        <EOYFMVAmt>102080</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>META PLATFORMS INC</StockNm>
        <EOYBookValueAmt>423528</EOYBookValueAmt>
        <EOYFMVAmt>480308</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY</StockNm>
        <EOYBookValueAmt>100000</EOYBookValueAmt>
        <EOYFMVAmt>100920</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PFIZER INC</StockNm>
        <EOYBookValueAmt>83532</EOYBookValueAmt>
        <EOYFMVAmt>132272</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>REGIONS FINANCIAL CORP</StockNm>
        <EOYBookValueAmt>99883</EOYBookValueAmt>
        <EOYFMVAmt>101600</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RENASANT CORPORATION</StockNm>
        <EOYBookValueAmt>32119</EOYBookValueAmt>
        <EOYFMVAmt>75900</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VERIZON COMMUNICATIONS</StockNm>
        <EOYBookValueAmt>83167</EOYBookValueAmt>
        <EOYFMVAmt>75602</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>JPMORGAN TR I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>3981</BookValueAmt>
        <EOYFMVAmt>3981</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>IRON MOUNTAIN</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>83601</BookValueAmt>
        <EOYFMVAmt>117219</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreasesDetail>
        <Desc>POLITICAL CONTRIBUTIONS</Desc>
        <Amt>6000</Amt>
      </OtherDecreasesDetail>
      <OtherDecreasesDetail>
        <Desc>APPRECIATION OF DONATED SECURITIES</Desc>
        <Amt>735337</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>DUES &amp; SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>160</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>160</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>NYS CHAR 500 FILING FEE</CategoryTxt>
        <Amt>750</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>750</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
