﻿<?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="2019v5.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2020-08-25T08:50:13-05:00</ReturnTs>
    <TaxPeriodEndDt>2019-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>ALAN LANGER CPA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>270 MADISON AVE SUITE 1500</AddressLine1Txt>
        <CityNm>NEW YORK</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>100160601</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2019-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>134178390</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>SANDS FAMILY FOUNDATION</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>C/O THEODORE D SANDS</BusinessNameLine2Txt>
      </BusinessName>
      <InCareOfNm>% THEODORE D SANDS</InCareOfNm>
      <BusinessNameControlTxt>SAND</BusinessNameControlTxt>
      <USAddress>
        <AddressLine1Txt>18 FAIR STREET UNIT 10</AddressLine1Txt>
        <CityNm>GUILFORD</CityNm>
        <StateAbbreviationCd>CT</StateAbbreviationCd>
        <ZIPCd>06437</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>THEODORE D SANDS</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>9176028538</PhoneNum>
      <SignatureDt>2020-08-25</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>ALAN LANGER</PreparerPersonNm>
      <PTIN>P00615509</PTIN>
      <PhoneNum>2124812222</PhoneNum>
      <PreparationDt>2020-08-20</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <IPAddress>
        <IPv4AddressTxt>73.160.113.1</IPv4AddressTxt>
      </IPAddress>
      <FederalOriginalSubmissionId>26088220202385000000</FederalOriginalSubmissionId>
      <FederalOriginalSubmissionIdDt>2020-08-25</FederalOriginalSubmissionIdDt>
      <FilingLicenseTypeCd>P</FilingLicenseTypeCd>
      <AtSubmissionCreationDeviceId>B1260797C1EA6973E6A5DFDA71A08E81CA0E28F9</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>B1260797C1EA6973E6A5DFDA71A08E81CA0E28F9</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2019</TaxYr>
    <BuildTS>2020-11-19 02:30:22Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1535885</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>0</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>71977</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>71977</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>71977</DividendsAdjNetIncmAmt>
        <CapGainNetIncmNetInvstIncmAmt>5364</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>71977</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>77341</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>71977</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSch">1000</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>1000</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>1000</AccountingFeesAdjNetIncmAmt>
        <PrintingAndPubRevAndExpnssAmt>199</PrintingAndPubRevAndExpnssAmt>
        <PrintingAndPubNetInvstIncmAmt>199</PrintingAndPubNetInvstIncmAmt>
        <PrintingAndPubAdjNetIncmAmt>199</PrintingAndPubAdjNetIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSch">196</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>196</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>196</OtherExpensesAdjNetIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>1395</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>1395</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>1395</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>80000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>80000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>81395</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>1395</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>1395</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>80000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-9418</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>75946</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>70582</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>95560</CashBOYAmt>
        <CorporateStockBOYAmt>1051910</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestCorpStockSch">1463923</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>1535885</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>446036</CorporateBondsBOYAmt>
        <TotalAssetsBOYAmt>1593506</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1463923</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1535885</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>1593506</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>1535885</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1593506</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1535885</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1593506</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1535885</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1593506</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-9418</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>1584088</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSch">48203</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>1535885</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapitalGainNetIncomeAmt>5364</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>76735</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>1490415</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.051486</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>50182</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>0</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.0</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>49904</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>0</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.0</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>49884</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>0</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.0</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>49675</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>0</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.0</DistributionYr5Rt>
        <TotalDistributionRt>0.051486</TotalDistributionRt>
        <AverageDistributionRt>0.010297</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>1562210</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>16086</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>759</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>16845</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>80000</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>759</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>759</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>759</TaxBasedOnInvestmentIncomeAmt>
        <ExtsnRequestIncomeTaxPaidAmt>750</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>750</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>30</EsPenaltyAmt>
        <TaxDueAmt>39</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>false</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CT</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>false</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>THEODORE D SANDS</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>9176028538</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>411 MULBERRY PT ROAD</AddressLine1Txt>
          <CityNm>GUILFORD</CityNm>
          <StateAbbreviationCd>CT</StateAbbreviationCd>
          <ZIPCd>06437</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>true</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>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RelyingCurrentNtcDsstrAsst1Ind>X</RelyingCurrentNtcDsstrAsst1Ind>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>THEODORE SANDS</PersonNm>
          <USAddress>
            <AddressLine1Txt>18 FAIR ST UNIT 10</AddressLine1Txt>
            <CityNm>GUILFORD</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06437</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CAROLINE HERRICK</PersonNm>
          <USAddress>
            <AddressLine1Txt>18 FAIR ST UNIT 10</AddressLine1Txt>
            <CityNm>GUILFORD</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06437</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY AND TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CAROL SANDS</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O SANDS 18 FAIR STREET UNIT 10</AddressLine1Txt>
            <CityNm>GUILFORD</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06437</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Alan Langer CPA</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>270 Madison Ave suite 1500</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10016</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>TAX</ServiceTypeTxt>
          <CompensationAmt>0</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>NOT APPLICABLE</Description1Txt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>NONE</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>1501000</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>85000</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1586000</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1586000</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>23790</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1562210</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>78111</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>78111</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>759</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>759</TotalTaxAmt>
        <DistributableBeforeAdjAmt>77352</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>77352</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>77352</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>80000</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>80000</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>759</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>79241</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>77352</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <PriorYear1Yr>2017</PriorYear1Yr>
        <PriorYear2Yr>2016</PriorYear2Yr>
        <PriorYear3Yr>2015</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>8821</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>50000</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>6756</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>51350</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>8744</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>125671</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>80000</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>77352</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>2648</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>128319</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>8821</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>119498</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>50000</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>6756</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>51350</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>8744</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>2648</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp></PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>THEODORE D SANDS</ContributingManagerNm>
        <ShareholderManagerNm>NA</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COLUMBIA UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>622 WEST 113 STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10025</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SANDS FAMILY FOUNDATION RESEARCH FUND</GrantOrContributionPurposeTxt>
          <Amt>80000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>80000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <ProgramServiceRevPartVIIGrp>
          <Desc>INTEREST</Desc>
        </ProgramServiceRevPartVIIGrp>
        <ProgramServiceRevPartVIIGrp>
          <Desc>DIVIDENDS</Desc>
        </ProgramServiceRevPartVIIGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <OtherRevenueDescribedGrp>
          <Desc>MISC</Desc>
          <ExclusionCd>18</ExclusionCd>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp />
      </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="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>TAX PREP</CategoryTxt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <AllOthProgRltdInvestmentsSch documentId="AllOthProgInvSch">
      <AllOtherProgramRelatedInvstGrp>
        <Desc>NONE</Desc>
      </AllOtherProgramRelatedInvstGrp>
    </AllOthProgRltdInvestmentsSch>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpBondsSchedule documentId="InvestCorpBondsSch">
      <InvestmentsCorporateBondsGrp>
        <BondNm>GOLDMAN</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KINDER MORGAN</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>THERMO FISHER</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>INTL PAPER</BondNm>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>ETF SPDR BLKSTONE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MERRILL LYNCH</StockNm>
        <EOYBookValueAmt>810000</EOYBookValueAmt>
        <EOYFMVAmt>898827</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHAS SCHWAB</StockNm>
        <EOYBookValueAmt>653923</EOYBookValueAmt>
        <EOYFMVAmt>637058</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherDecreasesSchedule documentId="OtherDecreasesSch">
      <OtherDecreasesDetail>
        <Desc>PRIOR YR ADJ</Desc>
        <Amt>46295</Amt>
      </OtherDecreasesDetail>
      <OtherDecreasesDetail>
        <Desc>UNREALIZED DEPRECIATION</Desc>
        <Amt>1908</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>OTHER INCL ML FEE</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>REGISTERED AGENT</Desc>
        <RevenueAndExpensesPerBooksAmt>196</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ALAN LANGER CPA</CategoryTxt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>