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            <CityNm>DAYTON</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>45459</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PETER LEVINE</PersonNm>
          <USAddress>
            <AddressLine1Txt>200 COMMONS RD</AddressLine1Txt>
            <CityNm>DAYTON</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>45459</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>16000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SUZANNE MORSE</PersonNm>
          <USAddress>
            <AddressLine1Txt>200 COMMONS RD</AddressLine1Txt>
            <CityNm>DAYTON</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>45459</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>16000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROBERTO SABA</PersonNm>
          <USAddress>
            <AddressLine1Txt>200 COMMONS RD</AddressLine1Txt>
            <CityNm>DAYTON</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>45459</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>HANK MEIJER</PersonNm>
          <USAddress>
            <AddressLine1Txt>200 COMMONS RD</AddressLine1Txt>
            <CityNm>DAYTON</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>45459</ZIPCd>
          </USAddress>
          <TitleTxt>BOARD CHAIR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>21500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BEVERLY WADE HOGAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>200 COMMONS RD</AddressLine1Txt>
            <CityNm>DAYTON</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>45459</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>14500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>BRIAN COBB</PersonNm>
          <USAddress>
            <AddressLine1Txt>200 COMMONS RD</AddressLine1Txt>
            <CityNm>DAYTON</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>45459</ZIPCd>
          </USAddress>
          <TitleTxt>RETIRED VP &amp; TREASUR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>573463</CompensationAmt>
          <EmployeeBenefitsAmt>0</EmployeeBenefitsAmt>
          <ExpenseAccountAmt>0</ExpenseAccountAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>RANDY NIELSEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>200 COMMONS RD</AddressLine1Txt>
            <CityNm>DAYTON</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>45459</ZIPCd>
          </USAddress>
          <TitleTxt>PROGRAM DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>45.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>176131</CompensationAmt>
          <EmployeeBenefitsAmt>65894</EmployeeBenefitsAmt>
          <ExpenseAccountAmt>0</ExpenseAccountAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>VALERIE LEMMIE</PersonNm>
          <USAddress>
            <AddressLine1Txt>200 COMMONS RD</AddressLine1Txt>
            <CityNm>DAYTON</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>45459</ZIPCd>
          </USAddress>
          <TitleTxt>PROGRAM DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>45.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>165462</CompensationAmt>
          <EmployeeBenefitsAmt>55280</EmployeeBenefitsAmt>
          <ExpenseAccountAmt>0</ExpenseAccountAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>DAVID HOLWERK</PersonNm>
          <USAddress>
            <AddressLine1Txt>200 COMMONS RD</AddressLine1Txt>
            <CityNm>DAYTON</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>45459</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR OF COMMUNIC</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>45.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>175759</CompensationAmt>
          <EmployeeBenefitsAmt>39684</EmployeeBenefitsAmt>
          <ExpenseAccountAmt>0</ExpenseAccountAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>BRAD ROURKE</PersonNm>
          <USAddress>
            <AddressLine1Txt>200 COMMONS RD</AddressLine1Txt>
            <CityNm>DAYTON</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>45459</ZIPCd>
          </USAddress>
          <TitleTxt>SENIOR PROGRAM OFFIC</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>45.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>119924</CompensationAmt>
          <EmployeeBenefitsAmt>49661</EmployeeBenefitsAmt>
          <ExpenseAccountAmt>0</ExpenseAccountAmt>
        </CompensationHighestPaidEmplGrp>
        <OtherEmployeePaidOver50kCnt>30</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>PUBLIC AGENDA</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1 DOCK 72 WAY</AddressLine1Txt>
            <CityNm>BROOKLYN</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11205</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>RESEARCH</ServiceTypeTxt>
          <CompensationAmt>385500</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>THE HARWOOD INSTITUTE</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>4915 ST ELMO AVE STE 402</AddressLine1Txt>
            <CityNm>BETHESDA</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>20814</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>RESEARCH</ServiceTypeTxt>
          <CompensationAmt>336095</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>INFORMATION TECH PARTNERS INC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>505 N LAKESHORE DR 102</AddressLine1Txt>
            <CityNm>CHICAGO</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60611</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>TECH SUPPORT AND DEVELOPMENT</ServiceTypeTxt>
          <CompensationAmt>331655</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>SUSTAINED DIALOGUE INSTITUTE</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>444 NORTH CAPITOL ST NW STE 434</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20001</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>RESEARCH</ServiceTypeTxt>
          <CompensationAmt>274704</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>EVERY VOICE ENGAGED</BusinessNameLine1Txt>
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          <USAddress>
            <AddressLine1Txt>156 2ND STREET</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94105</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>RESEARCH</ServiceTypeTxt>
          <CompensationAmt>230800</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <ContractorPaidOver50kCnt>22</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>DIRECT PROGRAM COSTS:THE WORK OF CITIZENS607,817THE USE OF DEMOCRATIC PRACTICES IN COMMUNITY487,514THE WORK OF COMMUNITIES IN PUBLIC EDUCATION100,323THE WORK OF CITIZENS WITH/THROUGH GOVERNMENT819,957THE WORK OF CITIZENS WITH/THROUGH JOURNALISM70,050THE WORK OF CITIZENS WITH/THROUGH HIGHER ED411,866THE WORK OF CITIZENS WITH/THROUGH NONGOVERNMENTAL ORGANIZATIONS AND GRANTMAKERS39,007THE WORK OF CITIZENS WITH/THROUGH PROFESSIONALISM51,054CITIZEN DIPLOMACY543,417MULTINATIONAL COLLABORATIVE RESEARCH322,660EXPLORATORY RESEARCH2,177,325COMMUNICATIONS831,351PERSONNEL AND TRUSTEE EXPENSES6,373,641FACILITIES AND GENERAL EXPENSES2,020,831</Description1Txt>
        <Expenses1Amt>14856813</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>314725192</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>27116603</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>341841795</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>341841795</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>5127627</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>336714168</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>16835708</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>14856813</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>14856813</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>14856813</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <PrivateOperatingFoundationsGrp>
        <PrivateOperatingFndtnRulingDt>1986-04-07</PrivateOperatingFndtnRulingDt>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>1114635</CurrentYearAmt>
          <Year1Amt>2480824</Year1Amt>
          <Year2Amt>2331064</Year2Amt>
          <Year3Amt>1984747</Year3Amt>
          <TotalAmt>7911270</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>947440</CurrentYearAmt>
          <Year1Amt>2108700</Year1Amt>
          <Year2Amt>1981404</Year2Amt>
          <Year3Amt>1687035</Year3Amt>
          <TotalAmt>6724580</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>14856813</CurrentYearAmt>
          <Year1Amt>16096767</Year1Amt>
          <Year2Amt>16137291</Year2Amt>
          <Year3Amt>17596890</Year3Amt>
          <TotalAmt>64687761</TotalAmt>
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        <QualifyingDistriNotUsedDrtGrp>
          <CurrentYearAmt>0</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>0</Year2Amt>
          <Year3Amt>0</Year3Amt>
          <TotalAmt>0</TotalAmt>
        </QualifyingDistriNotUsedDrtGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>14856813</CurrentYearAmt>
          <Year1Amt>16096767</Year1Amt>
          <Year2Amt>16137291</Year2Amt>
          <Year3Amt>17596890</Year3Amt>
          <TotalAmt>64687761</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TotalAssetsGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsGrp>
        <TotalAssetsSect4942j3BiGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsSect4942j3BiGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>11223805</CurrentYearAmt>
          <Year1Amt>11669215</Year1Amt>
          <Year2Amt>11371190</Year2Amt>
          <Year3Amt>10845471</Year3Amt>
          <TotalAmt>45109681</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
        <TotalSupportGrp>
          <TotalAmt>0</TotalAmt>
        </TotalSupportGrp>
        <PublicSupportType>
          <TotalAmt>0</TotalAmt>
        </PublicSupportType>
        <LargestSupportFromEOGrp>
          <TotalAmt>0</TotalAmt>
        </LargestSupportFromEOGrp>
        <GrossInvestmentIncomeGrp>
          <TotalAmt>0</TotalAmt>
        </GrossInvestmentIncomeGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NATIONAL ISSUES FORUMS INSTITUTE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>100 COMMONS ROAD</AddressLine1Txt>
            <CityNm>DAYTON</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>45459</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>225000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>225000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>4048004</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>13668585</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>MISCELLANEOUS</Desc>
          <ExclusionAmt>45444</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>17762033</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>17762033</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>211532</Amt>
        <NetInvestmentIncomeAmt>70511</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>70511</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>141021</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorporateBondsGrp>
        <BondNm>MFO VANGUARD FXD INC SECS FD INC #532</BondNm>
        <EOYBookValueAmt>17427410</EOYBookValueAmt>
        <EOYFMVAmt>17427410</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>CF CAPITAL GUARDIAN GLOBAL EQUITY TXT #2</StockNm>
        <EOYBookValueAmt>34758518</EOYBookValueAmt>
        <EOYFMVAmt>34758518</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CF MARATHON - LONDON GLOBAL INVESTMENT</StockNm>
        <EOYBookValueAmt>31363435</EOYBookValueAmt>
        <EOYFMVAmt>31363435</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HIGHCLERE INTERNATIONAL INVESTORS SMID FUND</StockNm>
        <EOYBookValueAmt>18782077</EOYBookValueAmt>
        <EOYFMVAmt>18782077</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MFB NTGI-1M COM DAILY RUSSELL 2000 EQTY INDEX</StockNm>
        <EOYBookValueAmt>21244478</EOYBookValueAmt>
        <EOYFMVAmt>21244478</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MFO MORGAN STANLEY INSTL FD INC INTL EQTY</StockNm>
        <EOYBookValueAmt>17200503</EOYBookValueAmt>
        <EOYFMVAmt>17200503</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PRIMECAP MANAGEMENT</StockNm>
        <EOYBookValueAmt>146163785</EOYBookValueAmt>
        <EOYFMVAmt>146163785</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsLandSchedule2 documentId="RetDoc2059100001">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>11 COVERTSIDE DRIVE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>158582</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>123863</AccumulatedDepreciationAmt>
        <BookValueAmt>34719</BookValueAmt>
        <EOYFMVAmt>34719</EOYFMVAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>249583</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>249583</BookValueAmt>
        <EOYFMVAmt>249583</EOYFMVAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>BAIN CAPITAL FUND X, LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1560775</BookValueAmt>
        <EOYFMVAmt>1560775</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COMMONFUND CAPITAL INTERNATIONAL PARTNERS VI, LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>529936</BookValueAmt>
        <EOYFMVAmt>529936</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COMMONFUND CAPITAL INTERNATIONAL PARTNERS VII, LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>2368602</BookValueAmt>
        <EOYFMVAmt>2368602</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COMMONFUND CAPITAL PRIVATE EQUITY PARTNERS VII, LP</CategoryOrItemTxt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COMMONFUND CAPITAL PRIVATE EQUITY PARTNERS VIII, LP</CategoryOrItemTxt>
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        <CategoryOrItemTxt>COMMONFUND CAPITAL VENTURE PARTNERS VIII, LP</CategoryOrItemTxt>
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        <EOYFMVAmt>1298871</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COMMONFUND EMERGING MKT II</CategoryOrItemTxt>
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        <EOYFMVAmt>2250315</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COMMONFUND GLOBAL PRIV EQ 2014</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>3076463</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COMMONFUND INT PTR VIII</CategoryOrItemTxt>
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        <EOYFMVAmt>3199551</EOYFMVAmt>
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      <InvestmentsOtherGrp>
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        <EOYFMVAmt>5064674</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COMMONFUND PRIVATE EQUITY 2014</CategoryOrItemTxt>
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        <EOYFMVAmt>1030332</EOYFMVAmt>
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      <InvestmentsOtherGrp>
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        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>3981417</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COMMONFUND SECONDARY II</CategoryOrItemTxt>
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        <EOYFMVAmt>2205569</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COMMONFUND VENTURE CAP XI</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>6433138</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COMMONFUND VENTURE CAP XII</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>2405001</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SILCHESTER INTERNATIONAL INVESTORS INTL VALUE EQUITY TRUST</CategoryOrItemTxt>
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        <EOYFMVAmt>31612559</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>THE WEATHERLOW FUND I, LP</CategoryOrItemTxt>
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        <EOYFMVAmt>20729331</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COMMONFUND EMERGING MKT I</CategoryOrItemTxt>
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        <EOYFMVAmt>4820909</EOYFMVAmt>
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        <EOYFMVAmt>1456706</EOYFMVAmt>
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      <LandEtcGrp>
        <CategoryOrItemTxt>LAND IMPROVEMENTS</CategoryOrItemTxt>
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        <BookValueAmt>291346</BookValueAmt>
        <EOYFMVAmt>291346</EOYFMVAmt>
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      <LandEtcGrp>
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        <BookValueAmt>192711</BookValueAmt>
        <EOYFMVAmt>192711</EOYFMVAmt>
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        <EOYFMVAmt>429574</EOYFMVAmt>
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      <LandEtcGrp>
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        <EOYFMVAmt>24128</EOYFMVAmt>
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      <LandEtcGrp>
        <CategoryOrItemTxt>200 COMMONS ROAD</CategoryOrItemTxt>
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        <BookValueAmt>265452</BookValueAmt>
        <EOYFMVAmt>265452</EOYFMVAmt>
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      <LandEtcGrp>
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        <BookValueAmt>305830</BookValueAmt>
        <EOYFMVAmt>305830</EOYFMVAmt>
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      <LandEtcGrp>
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        <EOYFMVAmt>156629</EOYFMVAmt>
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        <DisbursementsCharitablePrpsAmt>5419758</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>515795</RevenueAndExpensesPerBooksAmt>
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        <DisbursementsCharitablePrpsAmt>515795</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
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        <DisbursementsCharitablePrpsAmt>80985</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
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      <OtherExpensesScheduleGrp>
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        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
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        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
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</Return>
