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          <GainOrLossAmt>58188</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>58188</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FIR TREE DIST IN EXCESS BASIS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2001-01-01</AcquiredDt>
          <SoldDt>2019-08-31</SoldDt>
          <GrossSalesPriceAmt>186960</GrossSalesPriceAmt>
          <GainOrLossAmt>186960</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>186960</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>7435215</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>9656985</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>170607669</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.05660</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>8098134</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>161934885</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.05001</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>6048861</AdjustedQlfyDistriYr3Amt>
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        <DistributionYr3Rt>0.03926</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>9307583</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>168957204</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.05509</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>11777517</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>173835195</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.06775</DistributionYr5Rt>
        <TotalDistributionRt>0.268712</TotalDistributionRt>
        <AverageDistributionRt>0.053742</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>159432729</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>8568234</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>86488</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>8654722</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>12267841</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>86488</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>86488</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>86488</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>128207</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>128207</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="IRS2220">X</Form2220AttachedInd>
        <OverpaymentAmt>41719</OverpaymentAmt>
        <AppliedToESTaxAmt>41719</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>false</Form990TFiledInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
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        <OrgReportOrRegisterStateCd>NY</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>Evelyn G Lipper</BusinessNameLine1Txt>
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        <PhoneNum>2124464268</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>C/O Gruss Co 40 W 57th St 1440</AddressLine1Txt>
          <CityNm>NY</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10019</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>true</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <ExcessBusinessHoldingsInd>false</ExcessBusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>false</TransactionsFailToQlfyAsExcInd>
        <MaintainedExpenditureRspnsInd>false</MaintainedExpenditureRspnsInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <ProceedsOrNetIncomeInd>false</ProceedsOrNetIncomeInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>EVELYN LIPPER</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O Gruss Co 40 W 57th St</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10019</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>3.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>TINA GUBERMAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O Gruss Co 40 W 57th St</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10019</ZIPCd>
          </USAddress>
          <TitleTxt>SECR &amp; TREAS</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>3.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>70525</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DANIELLA LIPPER COULES</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O GRUSS CO 40 W 57TH ST</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10019</ZIPCd>
          </USAddress>
          <TitleTxt>Executive Dir.</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>35.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>300000</CompensationAmt>
          <EmployeeBenefitProgramAmt>41074</EmployeeBenefitProgramAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>155261151</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>6599488</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>161860639</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>161860639</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>2427910</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>159432729</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>7971636</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>7971636</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>86488</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>86488</TotalTaxAmt>
        <DistributableBeforeAdjAmt>7885148</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>7885148</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>7885148</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>12267841</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>12267841</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>86488</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>12181353</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>7885148</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>2893151</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>12267841</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>2893151</AppliedToYear1Amt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>7885148</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>1489542</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>1489542</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>1489542</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>1489542</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>EVELYN LIPPER</ContributingManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>EGL Charitable Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>C/O Gruss Co 40 W 57th Street 1440</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10019</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>2124464268</RecipientPhoneNum>
          <RecipientEmailAddressTxt>rh@gruss.com</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>Letter giving background of charity, the amount of grant requested and the proposed use of the funds.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>none</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>Generally limited to Jewish charities.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MASSACHUSETTS GENERAL HOSPITAL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>125 NASHUA STREET SUITE 540</AddressLine1Txt>
            <CityNm>BOSTON</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02114</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>697297</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>HOPE FOR DEPRESSION RESEARCH FOUNDA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>40 WEST 57TH STREET STE 1440</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10019</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ST BERNARD'S SCHOOL INC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4 EAST 98TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10029</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FELLOWSHIP</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>PLANNED PARENTHOOD</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>123 WILLIAM STREET 10TH FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10038</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>QUINCY ASIAN RESOURCES INC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1509 HANCOCK STREET</AddressLine1Txt>
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            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02169</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>416667</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>THE ROCKEFELLER UNIVERSITY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1230 YORK AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10065</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1242462</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>PEACE BY TOURISM</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>200 PARK AVENUE SOUTH SUITE 511</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10003</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>TREVOR DAY SCHOOL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1 WEST 88TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10024</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>LUNG CANCER RESEARCH FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>155 EAST 55TH STREET SUITE 6H</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ISRAEL GUIDE DOG CENTER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>968 EASTON ROAD SUITE H</AddressLine1Txt>
            <CityNm>WARRINGTON</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>18976</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>JCC ON THE PALISADES</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>TAUB CAMPUS - 411 E CLINTON AVE</AddressLine1Txt>
            <CityNm>TENAFLY</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07670</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>45000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>TECHNION RESEARCH DEVELOPMENT FOUND</RecipientPersonNm>
          <RecipientForeignAddress>
            <AddressLine1Txt>TECNION CITY</AddressLine1Txt>
            <CityNm>HAIFA</CityNm>
            <ProvinceOrStateNm>HAIFA</ProvinceOrStateNm>
            <CountryCd>IS</CountryCd>
            <ForeignPostalCd>320000</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FELLOWSHIP</GrantOrContributionPurposeTxt>
          <Amt>3000000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>UNIVERSITY OF CALIFORNIA - DVIR ARA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>UCLA - BOX 957089 1125 MURPHY HALL</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90095</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>150689</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>TEMPLE ADAS ISRAEL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1378</AddressLine1Txt>
            <CityNm>SAG HARBOR</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11963</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>STEPHEN WISE FREE SYNAGOGUE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>30 WEST 68TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10023</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>HARVARD MEDICAL SCHOOL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>25 SHATTUCK STREET</AddressLine1Txt>
            <CityNm>BOSTON</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02115</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>796486</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>GOSHEN - THE HARUV INSTITUTE</RecipientPersonNm>
          <RecipientForeignAddress>
            <AddressLine1Txt>THE HEBREW UNIVERSITY MT SCOPUS</AddressLine1Txt>
            <CityNm>JERUSALEM</CityNm>
            <ProvinceOrStateNm>JERUSALEM</ProvinceOrStateNm>
            <CountryCd>IS</CountryCd>
            <ForeignPostalCd>9765418</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CENTRAL CONFERENCE OF AMERICAN RABB</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>355 LEXINGTON AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>250000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NEFESH B'NEFESH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>50 EISENHOWER DRIVE</AddressLine1Txt>
            <CityNm>PARAMUS</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07652</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>JEWISH NATIONAL FUND</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>42 E 69TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10021</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>3000000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>DOROT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>171 WEST 85TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10024</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>111490</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CONGREGATION B'NAI JESHURUN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>270 WEST 89TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10024</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>322454</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CENTER FOR INITIATIVES IN JEWISH ED</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>45 BROADWAY SUITE 3050</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10006</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>236000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CITYMEALS ON WHEELS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>355 LEXINGTON AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>STANFORD UNIVERSITY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>450 JANE STANFORD WAY</AddressLine1Txt>
            <CityNm>STANFORD</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94305</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>79866</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>JEWISH COMMUNAL FUND</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>575 MADISON AVENUE SUITE 703</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>PRINCETON UNIVERSITY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>100 OVERLOOK CENTER SUITE 300</AddressLine1Txt>
            <CityNm>PRINCETON</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08540</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>THE SIMMONS FUND - SIMMONS UNIVERSI</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>300 FENWAY</AddressLine1Txt>
            <CityNm>BOSTON</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02115</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>33000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>11996911</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>4204</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2223307</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>7435215</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>K-1 GENERATION IM-PORTFOL</Desc>
          <BusinessCd>900099</BusinessCd>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>113647</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>K-1 GRUSS ARBITRAGE FUND</Desc>
          <BusinessCd>900099</BusinessCd>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>-10</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>K-1 GRUSS ARBITRAGE FUND</Desc>
          <BusinessCd>900099</BusinessCd>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>-9</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>K-1 LONE CASCADE-ORD INC</Desc>
          <BusinessCd>900099</BusinessCd>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>49554</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>K-1 ORBIMED ISRAEL</Desc>
          <BusinessCd>900099</BusinessCd>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>K-1 ORBIMED-PORTFOLIO INC</Desc>
          <BusinessCd>900099</BusinessCd>
          <ExclusionCd>14</ExclusionCd>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>K-1 VARDE XII</Desc>
          <BusinessCd>900099</BusinessCd>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>218642</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>K-1 VARDE XIII- ORDIN INC</Desc>
          <BusinessCd>900099</BusinessCd>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>776</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>K-1 VARDE XI-ORDINARY INC</Desc>
          <BusinessCd>900099</BusinessCd>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>98496</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>K-1 WGI EMERGING-PORT INC</Desc>
          <BusinessCd>900099</BusinessCd>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>-4068</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>PFIC DIV HCP FUND IV CAYM</Desc>
          <BusinessCd>900099</BusinessCd>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>195000</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>TAX EXEMPT INCOME</Desc>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>92281</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>2991821</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>7435215</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>10427036</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="18007218" softwareVersionNum="2018v3.1">
      <AccountingFeesDetail>
        <CategoryTxt>TAX FEES</CategoryTxt>
        <Amt>15975</Amt>
        <NetInvestmentIncomeAmt>7988</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>7987</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2" softwareId="18007218" softwareVersionNum="2018v3.1">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COP SPV (K-1)</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>51708</BookValueAmt>
        <EOYFMVAmt>1</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ORBIMED ISRAEL PARTNERS LP (K-1)</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>687066</BookValueAmt>
        <EOYFMVAmt>601527</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>STEADFAST INT'L LTD -- PFIC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>4560333</BookValueAmt>
        <EOYFMVAmt>8379877</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FCOI II-- PFIC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>5289856</BookValueAmt>
        <EOYFMVAmt>8192771</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PERRY PARTNERS INT'L INC-- PFIC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>332262</BookValueAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GRUSS OFFSHORE ARB FUND-- K-1</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>108506</BookValueAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GENERATION IM GLOBAL (K-1)</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>17273046</BookValueAmt>
        <EOYFMVAmt>21637040</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FIR TREE INT'L VALUE FUND LTD (K-1)</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <EOYFMVAmt>168767</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GRUSS GLOBAL ENH/GRUSS DV FUND-- PFIC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>75455</BookValueAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>HCP FUND IV CAYMAN LP --PFIC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>2211928</BookValueAmt>
        <EOYFMVAmt>2504911</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LONE CASCADE LP (K-1)</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>13607890</BookValueAmt>
        <EOYFMVAmt>17984743</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>WGI EMERGING MARKETS (K-1)</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>8654761</BookValueAmt>
        <EOYFMVAmt>9152379</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VARDE FUND XI (B) FEEDER (K-1)</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>2007142</BookValueAmt>
        <EOYFMVAmt>1993163</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ETON PARK FUND LTD-- PFIC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>21947</BookValueAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SCHWAB SELECT EQUITY (BROKERAGE)</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>7063367</BookValueAmt>
        <EOYFMVAmt>8984805</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MARKET VALUE COST CONTRIB (CAPE REMAIN</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>723957</BookValueAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CENTERBRIDGE CR PRTNRS -- PFIC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>3791364</BookValueAmt>
        <EOYFMVAmt>4323729</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>HOUND PARTNERS OFL -- PFIC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>4800000</BookValueAmt>
        <EOYFMVAmt>5657602</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CEVIAN CAPITAL II LTD-- PFIC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>9000000</BookValueAmt>
        <EOYFMVAmt>9519952</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ORBIMED PARTNERS LTD-- PFIC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>6000000</BookValueAmt>
        <EOYFMVAmt>5494867</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>JP MORGAN</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>38777085</BookValueAmt>
        <EOYFMVAmt>42950582</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VARDE FUND X11 B LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>2879902</BookValueAmt>
        <EOYFMVAmt>3086621</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ORBIMED ISRAEL PARTNERS II LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>249202</BookValueAmt>
        <EOYFMVAmt>351284</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VARDE FUND XIII B</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>124975</BookValueAmt>
        <EOYFMVAmt>155119</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherDecreasesSchedule documentId="OtherDecreasesSchedule" softwareId="18007218" softwareVersionNum="2018v3.1">
      <OtherDecreasesDetail>
        <Desc>PRIOR UNREALIZED GAINS RECOGNIZED</Desc>
        <Amt>51015</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="18007218" softwareVersionNum="2018v3.1">
      <OtherExpensesScheduleGrp>
        <Desc>ADVERTISING FOR FELLOWSHIPS</Desc>
        <RevenueAndExpensesPerBooksAmt>10455</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>10455</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK SERVICE CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>221</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>221</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>EALS</Desc>
        <RevenueAndExpensesPerBooksAmt>5232</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>523</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>4709</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>GCO ADMINISTRATIVE FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>119459</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>119459</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MANAGEMENT FEES WGI EMERG</Desc>
        <RevenueAndExpensesPerBooksAmt>119359</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>119359</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEMBERSHIP FEES RELATED TO CHARITABLE</Desc>
        <RevenueAndExpensesPerBooksAmt>8000</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>8000</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE/POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>78</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>39</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>39</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO EXP- COP SPV K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>1019</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1019</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO EXP- GENERATION IM K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>170191</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>170191</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO EXP- GRUSS ARBITRAGE K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>1347</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1347</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO EXP- GRUSS ARBITRAGE K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>1518</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1518</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO EXP- LONE CASCADE K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>295603</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>295603</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO EXP- ORBIMED ISRAEL K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>16071</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>16071</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO EXP- ORBIMED ISRAEL K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>21760</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>21760</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO EXP- VARDE XI B FEEDER K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>48797</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>48797</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO EXP- VARDE XII</Desc>
        <RevenueAndExpensesPerBooksAmt>76948</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>76948</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO EXP- VARDE XIII</Desc>
        <RevenueAndExpensesPerBooksAmt>3092</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3092</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO EXP- WGI EMERGING MKTS K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>2116</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2116</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="18007218" softwareVersionNum="2018v3.1">
      <OtherIncomeDetail>
        <Desc>K-1 GENERATION IM-PORTFOL</Desc>
        <RevenueAndExpensesPerBooksAmt>113647</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>113647</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>K-1 GRUSS ARBITRAGE FUND</Desc>
        <RevenueAndExpensesPerBooksAmt>-10</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-10</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>K-1 GRUSS ARBITRAGE FUND</Desc>
        <RevenueAndExpensesPerBooksAmt>-9</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-9</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>K-1 LONE CASCADE-ORD INC</Desc>
        <RevenueAndExpensesPerBooksAmt>49554</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>49554</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>K-1 ORBIMED ISRAEL</Desc>
        <RevenueAndExpensesPerBooksAmt>1</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>K-1 VARDE XII</Desc>
        <RevenueAndExpensesPerBooksAmt>218642</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>218642</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>K-1 VARDE XIII- ORDIN INC</Desc>
        <RevenueAndExpensesPerBooksAmt>776</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>776</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>K-1 VARDE XI-ORDINARY INC</Desc>
        <RevenueAndExpensesPerBooksAmt>98496</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>98496</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>K-1 WGI EMERGING-PORT INC</Desc>
        <RevenueAndExpensesPerBooksAmt>-4068</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-4068</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>PFIC DIV HCP FUND IV CAYM</Desc>
        <RevenueAndExpensesPerBooksAmt>195000</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>195000</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>TAX EXEMPT INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>92281</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="OtherLiabilitiesSchedule" softwareId="18007218" softwareVersionNum="2018v3.1">
      <OtherLiabilitiesDetail>
        <Desc>due to gruss &amp; co</Desc>
        <BOYBookValueAmt>37804</BOYBookValueAmt>
        <EOYBookValueAmt>37113</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>due to employee ins</Desc>
        <BOYBookValueAmt>197</BOYBookValueAmt>
        <EOYBookValueAmt>333</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="18007218" softwareVersionNum="2018v3.1">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CUSTODY FEES</CategoryTxt>
        <Amt>6809</Amt>
        <NetInvestmentIncomeAmt>6809</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MANAGEMENT FEE - HALL PARTNERS</CategoryTxt>
        <Amt>357343</Amt>
        <NetInvestmentIncomeAmt>357343</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MANAGEMENT FEE - SELECT EQUITY</CategoryTxt>
        <Amt>140126</Amt>
        <NetInvestmentIncomeAmt>140126</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="18007218" softwareVersionNum="2018v3.1">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES- GENERATION IM GLOBAL K-1</CategoryTxt>
        <Amt>11951</Amt>
        <NetInvestmentIncomeAmt>11951</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES- LONE CASCADE K-1</CategoryTxt>
        <Amt>22153</Amt>
        <NetInvestmentIncomeAmt>22153</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES- VARDE FUND XI K-1</CategoryTxt>
        <Amt>2129</Amt>
        <NetInvestmentIncomeAmt>2129</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES- VARDE XII K-1</CategoryTxt>
        <Amt>1294</Amt>
        <NetInvestmentIncomeAmt>1294</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES- WGI K-1</CategoryTxt>
        <Amt>46200</Amt>
        <NetInvestmentIncomeAmt>46200</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PAYROLL TAXES</CategoryTxt>
        <Amt>12590</Amt>
        <NetInvestmentIncomeAmt>6295</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>6295</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>STATE FILING FEES</CategoryTxt>
        <Amt>1628</Amt>
        <DisbursementsCharitablePrpsAmt>1628</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>STATE TAXES</CategoryTxt>
        <Amt>500</Amt>
        <DisbursementsCharitablePrpsAmt>500</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>