<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2020v4.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2021-11-12T13:35:41-06:00</ReturnTs>
    <TaxPeriodEndDt>2020-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>VOYNOW BAYARD WHYTE AND COMPANY LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>1210 NORTHBROOK DRIVE SUITE 140</AddressLine1Txt>
        <CityNm>TREVOSE</CityNm>
        <StateAbbreviationCd>PA</StateAbbreviationCd>
        <ZIPCd>19053</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2020-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>256667083</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE ROBERT J KAHN TESTAMENTARY FOUNDATION</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>C/O MURRAY L BLACKMAN</BusinessNameLine2Txt>
      </BusinessName>
      <InCareOfNm>% THE ROBERT J KAHN TEST FOUND</InCareOfNm>
      <BusinessNameControlTxt>ROBE</BusinessNameControlTxt>
      <PhoneNum>2154967250</PhoneNum>
      <USAddress>
        <AddressLine1Txt>1118 ST ANDREWS ROAD</AddressLine1Txt>
        <CityNm>BRYN MAWR</CityNm>
        <StateAbbreviationCd>PA</StateAbbreviationCd>
        <ZIPCd>19010</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>MURRAY BLACKMAN</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>2154967250</PhoneNum>
      <SignatureDt>2021-11-08</SignatureDt>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>MURRAY</PersonFirstNm>
        <PersonLastNm>BLACKMAN</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>DAVID A KAPLAN CPA</PreparerPersonNm>
      <PTIN>P00370348</PTIN>
      <PhoneNum>2153558000</PhoneNum>
      <PreparationDt>2021-11-08</PreparationDt>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>2</TrustedCustomerCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2020</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="8">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplAttach">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>13226883</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>0</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>258593</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>258593</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>896656</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>2060325</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>896656</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>1155249</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>1155249</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>107000</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>107000</CompOfcrDirTrstNetInvstIncmAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="LegalFeesSch">19583</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>19583</LegalFeesNetInvstIncmAmt>
        <LegalFeesAdjNetIncmAmt>0</LegalFeesAdjNetIncmAmt>
        <LegalFeesDsbrsChrtblAmt>0</LegalFeesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSch">30065</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>30065</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>156648</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>156648</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>0</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>610000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>610000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>766648</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>156648</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>0</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>610000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>388601</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>998601</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>84925</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>342245</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>342345</SavAndTempCashInvstEOYFMVAmt>
        <OtherInvestmentsBOYAmt>8960048</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvOtherSch2">9091229</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>12884538</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>9044973</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>9433474</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>13226883</TotalAssetsEOYFMVAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="OtherLiabSch">122</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="OtherLiabSch">122</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>122</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>122</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>9044751</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>9433352</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>9044751</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>9433352</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>9044873</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>9433474</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>9044751</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>388601</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>9433352</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>9433352</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>363 SH VAN US FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-12-08</SoldDt>
          <GrossSalesPriceAmt>62689</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>16730</CostOrOtherBasisAmt>
          <GainOrLossAmt>45959</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>45959</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>626 SH VAN US GROWTH FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-07-02</SoldDt>
          <GrossSalesPriceAmt>85507</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>28905</CostOrOtherBasisAmt>
          <GainOrLossAmt>56602</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>56602</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>2041 SH VAN US GROWTH FUND ADM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-05-14</SoldDt>
          <GrossSalesPriceAmt>240000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>94187</CostOrOtherBasisAmt>
          <GainOrLossAmt>145813</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>145813</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>261 SH VAN EXPLORER FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-12-08</SoldDt>
          <GrossSalesPriceAmt>31992</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>18525</CostOrOtherBasisAmt>
          <GainOrLossAmt>13467</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>13467</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>365 SH VAN EXPLORER FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-07-02</SoldDt>
          <GrossSalesPriceAmt>34769</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>19168</CostOrOtherBasisAmt>
          <GainOrLossAmt>15601</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>15601</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>777 SH VAN EXPLORER FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-06-14</SoldDt>
          <GrossSalesPriceAmt>64000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>40744</CostOrOtherBasisAmt>
          <GainOrLossAmt>23256</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>23256</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>631 SH WINDSOR II FUND</PropertyDesc>
          <SoldDt>2020-12-08</SoldDt>
          <GrossSalesPriceAmt>45567</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>29560</CostOrOtherBasisAmt>
          <GainOrLossAmt>16007</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>16007</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>567 SH VAN WINDOR FUND</PropertyDesc>
          <SoldDt>2020-07-02</SoldDt>
          <GrossSalesPriceAmt>32882</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>26545</CostOrOtherBasisAmt>
          <GainOrLossAmt>6337</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>6337</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1673 SH VAN WINDOR FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-05-14</SoldDt>
          <GrossSalesPriceAmt>89000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>78425</CostOrOtherBasisAmt>
          <GainOrLossAmt>10575</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>10575</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1730 SH VAN INTER-TERM INV GRADE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-05-14</SoldDt>
          <GrossSalesPriceAmt>17650</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>15054</CostOrOtherBasisAmt>
          <GainOrLossAmt>2596</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2596</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>10611 SH VAN INTER-TERM INV GRADE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-03-13</SoldDt>
          <GrossSalesPriceAmt>106750</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>92318</CostOrOtherBasisAmt>
          <GainOrLossAmt>14432</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>14432</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1485 SH VAN INTER-TERM TREASUREY FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-05-14</SoldDt>
          <GrossSalesPriceAmt>18000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>16797</CostOrOtherBasisAmt>
          <GainOrLossAmt>1203</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1203</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>10905 SH VAN INTER-TERM TREASURY FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-03-13</SoldDt>
          <GrossSalesPriceAmt>140954</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>134645</CostOrOtherBasisAmt>
          <GainOrLossAmt>6309</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>6309</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>521 SH VAN SHORT-TERM INV GRADE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-11-03</SoldDt>
          <GrossSalesPriceAmt>5708</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5568</CostOrOtherBasisAmt>
          <GainOrLossAmt>140</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>140</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>499 SH VAN SHORT-TERM INV GRADE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-08-11</SoldDt>
          <GrossSalesPriceAmt>5485</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5336</CostOrOtherBasisAmt>
          <GainOrLossAmt>149</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>149</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>489 SH VAN SHORT-TERM INV GRADE</PropertyDesc>
          <SoldDt>2020-05-04</SoldDt>
          <GrossSalesPriceAmt>5238</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5228</CostOrOtherBasisAmt>
          <GainOrLossAmt>10</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>10</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>12746 SH VAN SHORT-TERM INV GRADE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-03-13</SoldDt>
          <GrossSalesPriceAmt>136255</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>136174</CostOrOtherBasisAmt>
          <GainOrLossAmt>81</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>81</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>530 SH VAN SHORT-TERM INV GRADE</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-02-04</SoldDt>
          <GrossSalesPriceAmt>5717</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5707</CostOrOtherBasisAmt>
          <GainOrLossAmt>10</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>10</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>861 SH VAN SHORT-TERM TREASURY FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-05-14</SoldDt>
          <GrossSalesPriceAmt>9350</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>9221</CostOrOtherBasisAmt>
          <GainOrLossAmt>129</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>129</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>16098 SH VAN SHORT-TERM TREASURY FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-03-13</SoldDt>
          <GrossSalesPriceAmt>173380</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>172414</CostOrOtherBasisAmt>
          <GainOrLossAmt>966</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>966</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>582 SH VAN STRATEGIC EQUITY FUND</PropertyDesc>
          <SoldDt>2020-12-08</SoldDt>
          <GrossSalesPriceAmt>20797</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8548</CostOrOtherBasisAmt>
          <GainOrLossAmt>12249</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>12249</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1072 SH VAN STRATEGIC EQUITY FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-07-02</SoldDt>
          <GrossSalesPriceAmt>30529</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>15774</CostOrOtherBasisAmt>
          <GainOrLossAmt>14755</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>14755</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>997 SH VAN STRTEGIC EQUITY FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-05-14</SoldDt>
          <GrossSalesPriceAmt>25000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>14663</CostOrOtherBasisAmt>
          <GainOrLossAmt>10337</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>10337</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>417 SH VAN TOTAL STOCK MARKET INDEX FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-12-08</SoldDt>
          <GrossSalesPriceAmt>38956</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>10522</CostOrOtherBasisAmt>
          <GainOrLossAmt>28434</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>28434</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1611 SH VAN TOTAL STOCK MARKET INDEX FUND</PropertyDesc>
          <SoldDt>2020-07-02</SoldDt>
          <GrossSalesPriceAmt>124043</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>40687</CostOrOtherBasisAmt>
          <GainOrLossAmt>83356</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>83356</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>4841 SH VAN STOCK MARKET INDEX FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2020-05-14</SoldDt>
          <GrossSalesPriceAmt>337000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>122224</CostOrOtherBasisAmt>
          <GainOrLossAmt>214776</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>214776</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>173107</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>896656</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>13881</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>13881</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>13881</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>5442</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>23000</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>28442</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>14561</OverpaymentAmt>
        <AppliedToESTaxAmt>14561</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>PA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>THE ROBERT J KAHN TEST FOUND</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>2156654648</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>ONE LIBERTY PLACE 1650 MARKET ST SU</AddressLine1Txt>
          <CityNm>PHILADELPHIA</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>19103</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MURRAY I BLACKMAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>1118 ST ANDREWS ROAD</AddressLine1Txt>
            <CityNm>BRYN MAWR</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19010</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE/VARIES</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>107000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>N/A</Description1Txt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>11868778</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>460857</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>12329635</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>12329635</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>184945</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>12144690</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>607235</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>607235</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>13881</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>13881</TotalTaxAmt>
        <DistributableBeforeAdjAmt>593354</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>593354</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>593354</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>610000</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>610000</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>610000</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>593354</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>163238</UndistributedIncomePYAmt>
        <PriorYear1Yr>2018</PriorYear1Yr>
        <PriorYear2Yr>2017</PriorYear2Yr>
        <PriorYear3Yr>2016</PriorYear3Yr>
        <TotalForPriorYearsAmt>1627</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr1Amt>0</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>610000</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>163238</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>446762</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>1627</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>1627</Taxable1Amt>
        <UndistributedIncomeCYAmt>146592</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>0</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp></PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JUVENILE DIABETES RESEARCH FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>503 WOODCREST ROAD</AddressLine1Txt>
            <CityNm>HUNTINGDON VALLEY</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19006</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JEFFERSON MEDICAL COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1025 WALNUT STREET</AddressLine1Txt>
            <AddressLine2Txt>ROOM 108B</AddressLine2Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19107</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TRUSTEES OF UNI OF PENNSYLVANIA DEPT OF MEDICINE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>UNIVERSITY OF PENNSYLVANIA HEALTH S</AddressLine1Txt>
            <AddressLine2Txt>3400 SPRUCE STREET 100 CENTREX</AddressLine2Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>191044283</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NYU LANGONE MEDICAL CENTER OFFICE OF DEVELOPMENT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>ONE PARK AVENUE FLOOR 5</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10016</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>DR CHARLES ABRAMS 421 CURRIE BOU</AddressLine1Txt>
            <AddressLine2Txt>ROOM 812</AddressLine2Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19104</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE FOUNDATION FOR PRADER-WILLI RESEARCH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>18 FAIRMOUNT AVENUE</AddressLine1Txt>
            <AddressLine2Txt>SUITE 2020</AddressLine2Txt>
            <CityNm>MONTACLAIR</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07043</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TRUSTEES OF UNIVERSITY OF PENNSYLVANIA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PENN VET WORKING DOG CENTER BUILDIN</AddressLine1Txt>
            <AddressLine2Txt>3401 GREYS FERRY AVENUE</AddressLine2Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19146</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MARCH OF DIMES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>435 DEVON PARK DRIVE</AddressLine1Txt>
            <AddressLine2Txt>BUILDING 300</AddressLine2Txt>
            <CityNm>WAYNE</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19087</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RUTGERS UNIVERSITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>120 ALBANY STREET PLAZA SUITE 305</AddressLine1Txt>
            <CityNm>NEW BRUNSWICK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08901</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BRYN MAWR HOSPITAL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>130 S BRYN MAWR AVENUE</AddressLine1Txt>
            <CityNm>BRYN MAWR</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19010</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF WISCONSIN FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1848 UNIVERSITY AVENUE</AddressLine1Txt>
            <CityNm>MADISON</CityNm>
            <StateAbbreviationCd>WI</StateAbbreviationCd>
            <ZIPCd>53726</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MD ANDERSON CANCER CENTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1515 HOLCOMBE BLVD</AddressLine1Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77030</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LEUKEMIA AND LYMPHOMA SOCIETY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>C/O DAVID HYMAN</AddressLine1Txt>
            <AddressLine2Txt>THREE LOGAN SQUARE 1717 ARCH STREE</AddressLine2Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19103</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SCHEIE EYE INSTITUTE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>UNIVERSITY OF PENN PERELMAN SCHOOL</AddressLine1Txt>
            <AddressLine2Txt>51 NORTH 39TH STREET</AddressLine2Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19010</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PENN MEDICINE ORTHOPAEDIC SURGERY DEPARTMENT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3737 MARKET STREET SUITE 801</AddressLine1Txt>
            <CityNm>Philadelphia</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19104</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>610000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>258593</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>896656</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>1155249</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1155249</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <DepreciationSchedule documentId="DepreciationSch" />
    <GeneralExplanationAttachment documentId="GeneralExplAttach">
      <GeneralExplanationGrp>
        <IdentifierTxt>PART XIII, LINE 4B COL B</IdentifierTxt>
        <FormAndLineReferenceDesc>PART XIII, LINE 4B COL B</FormAndLineReferenceDesc>
        <MediumExplanationTxt>THE FOUNDATION ELECTED DURING 2019 TO ALLOCATED CURRENT YEAR DISTRIBUTABLE TO PRIOR YEAR UNDISTRIBUTED INCOME IN THE AMOUNT OF $1,627 UNDER IRC SECTION 4942(H)(2) IS MAKING AN ELECTION UNDER SECTION 4942(H)(2)</MediumExplanationTxt>
      </GeneralExplanationGrp>
    </GeneralExplanationAttachment>
    <InvestmentsOtherSchedule2 documentId="InvOtherSch2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD US GROWTH FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>543948</BookValueAmt>
        <EOYFMVAmt>1243343</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>WINDSOR II FUND ADM</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1005724</BookValueAmt>
        <EOYFMVAmt>1229306</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VAN TOTAL STOCK MARKET IDX</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1218398</BookValueAmt>
        <EOYFMVAmt>3529516</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD EXPLORER FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>387591</BookValueAmt>
        <EOYFMVAmt>546295</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD STRATEGIC EQUITY FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>344773</BookValueAmt>
        <EOYFMVAmt>536949</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VAN INT-TERM INV GRADE FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1099185</BookValueAmt>
        <EOYFMVAmt>1183619</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VAN ST INV GRADE ADMIRAL FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1685813</BookValueAmt>
        <EOYFMVAmt>1738423</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VAN ST TREASURY FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1703850</BookValueAmt>
        <EOYFMVAmt>1727641</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VAN INTER TERM TREASURY FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1101947</BookValueAmt>
        <EOYFMVAmt>1149446</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="LegalFeesSch">
      <LegalFeesGrp>
        <CategoryTxt>KLEINBARD BELL BRECKER LLP</CategoryTxt>
        <LegalFeesAmt>19583</LegalFeesAmt>
        <NetInvestmentIncomeAmt>19583</NetInvestmentIncomeAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT BROKER FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>22149</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>22149</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADMINISTRATIVE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>7916</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>7916</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabSch">
      <OtherLiabilitiesDetail>
        <Desc>INVESTMENT IN PARTNERSHIP</Desc>
        <BOYBookValueAmt>122</BOYBookValueAmt>
        <EOYBookValueAmt>122</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAX</CategoryTxt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
