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          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MICHELLE DAVIS</PersonNm>
          <USAddress>
            <AddressLine1Txt>1585 BROADWAY 23RD FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10036</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE UNTIL APRIL 2019</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.5</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MARYALICE DUNNE</PersonNm>
          <USAddress>
            <AddressLine1Txt>522 FIFTH AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10036</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.5</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROSEANNE RICHTER</PersonNm>
          <USAddress>
            <AddressLine1Txt>1 NEW YORK PLAZA</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10004</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.5</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BILL HIRSHORN</PersonNm>
          <USAddress>
            <AddressLine1Txt>1585 BROADWAY 20TH FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10036</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.5</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>LISA GOLIA</PersonNm>
          <USAddress>
            <AddressLine1Txt>1221 AVE OF THE AMERICAS-TAX-FL 3</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10020</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.5</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CRAIG ABRUZZO</PersonNm>
          <USAddress>
            <AddressLine1Txt>1221 AVE OF THE AMERICAS-TAX-FL 3</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10020</ZIPCd>
          </USAddress>
          <TitleTxt>FIN CHAIR AS OF JUNE 19/TRUSTE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.5</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MARK SLOVIK</PersonNm>
          <USAddress>
            <AddressLine1Txt>1221 AVE OF THE AMERICAS-TAX-FL 3</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10020</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE AS OF MARCH 2019</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.5</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JONATHAN PRUZAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>1221 AVE OF THE AMERICAS-TAX-FL 3</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10020</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE AS OF JUNE 2019</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.5</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DAVID STARK</PersonNm>
          <USAddress>
            <AddressLine1Txt>1221 AVE OF THE AMERICAS-TAX-FL 3</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10020</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE AS OF DECEMBER 2019</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.5</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp />
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>25226959</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>851648</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>26078607</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>26078607</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>391179</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>25687428</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>1284371</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>1284371</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>15846</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>15846</TotalTaxAmt>
        <DistributableBeforeAdjAmt>1268525</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>1268525</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>1268525</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>1185000</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>1185000</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>1185000</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>1268525</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <PriorYear1Yr>2017</PriorYear1Yr>
        <PriorYear2Yr>2016</PriorYear2Yr>
        <PriorYear3Yr>2015</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>8084031</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>5016628</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>5881219</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>437759</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>10012</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>19429649</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>1185000</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>1185000</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>83525</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>83525</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>19346124</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>8000506</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>11345618</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>5016628</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>5881219</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>437759</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>10012</ExcessFromYear1Amt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp></PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE COLLEGE OF NEW JERSEY FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 7718</AddressLine1Txt>
            <CityNm>EWING</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>086280718</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DUKE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>BOX 90581 ALUMNI DEVELOPMENT REC</AddressLine1Txt>
            <CityNm>DURHAM</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27708</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AUGUSTANA COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>639 38TH ST</AddressLine1Txt>
            <CityNm>ROCK ISLAND</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>612012296</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF UTAH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>332 S 1400 E 150</AddressLine1Txt>
            <CityNm>SALT LAKE CITY</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>84112</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COLLEGE OF WILLIAM AND MARY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1693 ATTN GIFT ACCOUNTING D</AddressLine1Txt>
            <CityNm>WILLIAMSBURG</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>231871693</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BARUCH COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>FINANCIAL AID OFFICE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10010</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>45000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TOWSON UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8000 YORK RD</AddressLine1Txt>
            <CityNm>TOWSON</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>21252</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF PENNSYLVANIA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2929 WALNUT ST SUITE 300</AddressLine1Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>191045099</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>75000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RUTGERS UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>120 ALBANY STREET PLAZA</AddressLine1Txt>
            <CityNm>NEW BRUNSWICK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08901</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>STEVENS INSTITUTE OF TECHNOLOGY TRUSTEES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>CASTLE POINT ON HUDSON - 13TH FL</AddressLine1Txt>
            <AddressLine2Txt>DEVELOPMENT OFFICE</AddressLine2Txt>
            <CityNm>HOBOKEN</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>070300000</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF VIRGINIA FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 400807</AddressLine1Txt>
            <CityNm>CHARLOTTESVILLE</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>229044807</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF MICHIGAN</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3003 S STATE ST</AddressLine1Txt>
            <CityNm>ANN ARBOR</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48109</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN INDIAN COLLEGE FUND</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8333 GREENWOOD BOULEVARD</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80221</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SPONSORS FOR EDUCATIONAL OPPORTUNITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>55 EXCHANGE PLACE SUITE 601</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>100053301</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GEORGETOWN UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>500 FIFTH AVENUE SUITE 1025</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10110</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RENSSELAER POLYTECHNIC INSTITUTE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>110 8TH STREET CHASAN BLDG</AddressLine1Txt>
            <CityNm>TROY</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12143</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>STANFORD UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>326 GALVEZ STREET</AddressLine1Txt>
            <CityNm>STANFORD</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>943056105</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>OFFICE OF SCHOLARSHIPS AND STUDENT</AddressLine1Txt>
            <AddressLine2Txt>PO BOX 2688</AddressLine2Txt>
            <CityNm>CHAPEL HILL</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>275141080</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>A BETTER CHANCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>253 W 35TH ST FL 6</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>100011907</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HISPANIC FEDERATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>55 EXCHANGE PLACE SUITE 501</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10005</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>125000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOWARD UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2225 GEORGIA AVE STE 627</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20059</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW YORK UNIVERSITY FINANCIAL AID OFFICE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>25 WEST 4TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10012</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>45000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LOYOLA UNIVERSITY MARYLAND INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4501 N CHARLES ST</AddressLine1Txt>
            <CityNm>BALTIMORE</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>212102601</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF ROCHESTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>300 EAST RIVER RD PO BOX 270032</AddressLine1Txt>
            <CityNm>ROCHESTER</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>14627</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ALABAMA STATE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>915 SOUTH JACKSON STREET</AddressLine1Txt>
            <CityNm>MONTGOMERY</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>36104</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BEREA COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>CPO 2216</AddressLine1Txt>
            <CityNm>BEREA</CityNm>
            <StateAbbreviationCd>KY</StateAbbreviationCd>
            <ZIPCd>404040001</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE NEW YORK WOMEN'S FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>39 BROADWAY 23RD FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10006</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PREP FOR PREP</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>328 WEST 71ST STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10023</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>75000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF CHICAGO</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5235 SOUTH HARPER COURT 4TH FLOOR</AddressLine1Txt>
            <CityNm>CHICAGO</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60615</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NORTHEASTERN UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>360 HUNTINGTON AVENUE</AddressLine1Txt>
            <CityNm>BOSTON</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>021155000</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CORNELL UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>APPLICATION PROCESS CENTER</AddressLine1Txt>
            <CityNm>ITHACA</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>14850</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>INDIANA UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 500</AddressLine1Txt>
            <CityNm>BLOOMINGTON</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47402</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WASHINGTON UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>ONE BROOKINGS DRIVE CAMPUS BOX 108</AddressLine1Txt>
            <CityNm>ST LOUIS</CityNm>
            <StateAbbreviationCd>MO</StateAbbreviationCd>
            <ZIPCd>63130</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HARVARD UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>124 MOUNT AUBURN STREET - ROOM 430N</AddressLine1Txt>
            <AddressLine2Txt>ATTN MICHAEL DEVNEY</AddressLine2Txt>
            <CityNm>CAMBRIDGE</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02138</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>60000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DARTMOUTH COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6066 DEVELOPMENT OFFICE</AddressLine1Txt>
            <CityNm>HANOVER</CityNm>
            <StateAbbreviationCd>NH</StateAbbreviationCd>
            <ZIPCd>037554400</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF MARYLAND</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>7809 REGENTS DRIVE</AddressLine1Txt>
            <CityNm>COLLEGE PARK</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>20742</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>45000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SYRACUSE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>640 SKYTOP ROAD 2ND FL</AddressLine1Txt>
            <CityNm>SYRACUSE</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>132445160</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>622 WEST 113TH STREET MC 4524</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10025</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MORGAN STATE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>OFFICE OF FINANCIAL AID</AddressLine1Txt>
            <CityNm>BALTIMORE</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>21251</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF CONNECTICUT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>261 GLENBROOK RD</AddressLine1Txt>
            <CityNm>STORRS</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>062699005</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1185000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>63970</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>733534</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>-89642</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>707862</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>707862</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" />
    <ExpenditureResponsibilityStmt documentId="ExpdturResponbltStmt">
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>MORGAN STANLEY FOUNDATION INC</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>1585 BROADWAY 23RD FLOOR</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10036</ZIPCd>
        </USAddress>
        <GrantDt>2017-06-27</GrantDt>
        <GrantAmt>5668544</GrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITABLE ACTIVITIES LIKE VOLUNTEER INCENTIVE PROGRAM &amp; CHILDREN'S HEALTH INITIATIVE</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>5668544</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>NOVEMBER 14, 2017 and APRIL 20, 2020</DatesOfReportsByGranteeTxt>
        <ResultsOfVerificationTxt>NO VERIFICATION REQUIRED.</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>MORGAN STANLEY FOUNDATION INC</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>1585 BROADWAY 23RD FLOOR</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10036</ZIPCd>
        </USAddress>
        <GrantDt>2018-12-31</GrantDt>
        <GrantAmt>116997</GrantAmt>
        <PurposeOfGrantTxt>SUPPORT CHARITABLE ACTIVITIES LIKE VOLUNTEER INCENTIVE PROGRAM &amp; CHILDREN'S HEALTH INITIATIVE</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>116997</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>APRIL 20, 2020</DatesOfReportsByGranteeTxt>
        <ResultsOfVerificationTxt>NO VERIFICATION REQUIRED.</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
    </ExpenditureResponsibilityStmt>
    <InvestmentsCorpBondsSchedule documentId="InvestCorpBondsSch">
      <InvestmentsCorporateBondsGrp>
        <BondNm>ABBVIE INC CPN 2.9% DUE 11/6/2</BondNm>
        <EOYBookValueAmt>29201</EOYBookValueAmt>
        <EOYFMVAmt>30619</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ANHEUSER-BUSCH 4.0% DUE 4/13/2</BondNm>
        <EOYBookValueAmt>25020</EOYBookValueAmt>
        <EOYFMVAmt>27514</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>APPLE INC 2.400% DUE 5/3/23</BondNm>
        <EOYBookValueAmt>43359</EOYBookValueAmt>
        <EOYFMVAmt>45768</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AT&amp;T INC 4.125% DUE 2/17/26</BondNm>
        <EOYBookValueAmt>24511</EOYBookValueAmt>
        <EOYFMVAmt>27098</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK OF AMERICA CORP 4.0% DUE</BondNm>
        <EOYBookValueAmt>45429</EOYBookValueAmt>
        <EOYFMVAmt>48199</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BP CAP MKTS AMERICA 4.234% DUE</BondNm>
        <EOYBookValueAmt>20052</EOYBookValueAmt>
        <EOYFMVAmt>22621</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CITIGROUP INC 3.20% DUE 10/21/</BondNm>
        <EOYBookValueAmt>27934</EOYBookValueAmt>
        <EOYFMVAmt>31128</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>COMCAST CORP 3.150% DUE 3/1/26</BondNm>
        <EOYBookValueAmt>42402</EOYBookValueAmt>
        <EOYFMVAmt>47178</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CVS HEALTH CORP 4.10% DUE 3/25</BondNm>
        <EOYBookValueAmt>24853</EOYBookValueAmt>
        <EOYFMVAmt>26841</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DEERE &amp; CO 2.60% DUE 6/8/22</BondNm>
        <EOYBookValueAmt>29342</EOYBookValueAmt>
        <EOYFMVAmt>30564</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ENBRIDGE INC 4.0% DUE 10/1/23</BondNm>
        <EOYBookValueAmt>9969</EOYBookValueAmt>
        <EOYFMVAmt>10566</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EQUINOR ASA 2.450% DUE 1/17/23</BondNm>
        <EOYBookValueAmt>43432</EOYBookValueAmt>
        <EOYFMVAmt>45736</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GENERAL MILLS INC 3.70% DUE 10</BondNm>
        <EOYBookValueAmt>24803</EOYBookValueAmt>
        <EOYFMVAmt>26345</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GOLDMAN SACHS GRP 3.625% DUE 1</BondNm>
        <EOYBookValueAmt>24888</EOYBookValueAmt>
        <EOYFMVAmt>26038</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JPMORGAN CHASE 2.950% DUE 10/1</BondNm>
        <EOYBookValueAmt>41890</EOYBookValueAmt>
        <EOYFMVAmt>46377</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MICROSOFT 2.7% DUE 2/12/25</BondNm>
        <EOYBookValueAmt>46545</EOYBookValueAmt>
        <EOYFMVAmt>46503</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MORGAN STANLEY 2.750% DUE 5/19</BondNm>
        <EOYBookValueAmt>29134</EOYBookValueAmt>
        <EOYFMVAmt>30554</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SANOFI 3.375% DUE 6/19/2023</BondNm>
        <EOYBookValueAmt>45109</EOYBookValueAmt>
        <EOYFMVAmt>47170</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SCHLUMBERGER INVESTMENT SA CPN</BondNm>
        <EOYBookValueAmt>21016</EOYBookValueAmt>
        <EOYFMVAmt>21164</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TORONTO-DOMINION BNK 2.125% 4/</BondNm>
        <EOYBookValueAmt>43758</EOYBookValueAmt>
        <EOYFMVAmt>45270</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNITEDHEALTH GRP 2.875% 3/15/2</BondNm>
        <EOYBookValueAmt>44446</EOYBookValueAmt>
        <EOYFMVAmt>45879</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNITED TECHN CORP 3.65% 8/16/2</BondNm>
        <EOYBookValueAmt>10514</EOYBookValueAmt>
        <EOYFMVAmt>10544</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VERIZON COMMUNICATION 5.150% 9</BondNm>
        <EOYBookValueAmt>26236</EOYBookValueAmt>
        <EOYFMVAmt>27798</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WASTE MANAGEMENT 2.95% 6/15/20</BondNm>
        <EOYBookValueAmt>10307</EOYBookValueAmt>
        <EOYFMVAmt>10324</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WELLS FARGO&amp;CO 2.625% 7/22/22</BondNm>
        <EOYBookValueAmt>43338</EOYBookValueAmt>
        <EOYFMVAmt>45672</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>XCEL ENERGY INC</BondNm>
        <EOYBookValueAmt>15906</EOYBookValueAmt>
        <EOYFMVAmt>16488</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>A O SMITH CORP</StockNm>
        <EOYBookValueAmt>10043</EOYBookValueAmt>
        <EOYFMVAmt>9004</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AAC TECHNOLOGIES HLDG INC</StockNm>
        <EOYBookValueAmt>28869</EOYBookValueAmt>
        <EOYFMVAmt>22689</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ACCELERON PHARMA INC</StockNm>
        <EOYBookValueAmt>2889</EOYBookValueAmt>
        <EOYFMVAmt>2916</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ACI WORLDWIDE INC</StockNm>
        <EOYBookValueAmt>18380</EOYBookValueAmt>
        <EOYFMVAmt>20913</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ACUITY BRANDS INC</StockNm>
        <EOYBookValueAmt>12213</EOYBookValueAmt>
        <EOYFMVAmt>13938</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ADIDAS AG</StockNm>
        <EOYBookValueAmt>31233</EOYBookValueAmt>
        <EOYFMVAmt>43956</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ADOBE SYSTEMS</StockNm>
        <EOYBookValueAmt>56161</EOYBookValueAmt>
        <EOYFMVAmt>77835</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ADVANCED DRAIN SYS INC</StockNm>
        <EOYBookValueAmt>5391</EOYBookValueAmt>
        <EOYFMVAmt>6603</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AIA GROUP LTD SPON ADR</StockNm>
        <EOYBookValueAmt>96961</EOYBookValueAmt>
        <EOYFMVAmt>149251</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AIB GROUP PLC-UNSP ADR</StockNm>
        <EOYBookValueAmt>20096</EOYBookValueAmt>
        <EOYFMVAmt>21119</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AIR LIQUIDE ADR</StockNm>
        <EOYBookValueAmt>15707</EOYBookValueAmt>
        <EOYFMVAmt>24544</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALCON INC</StockNm>
        <EOYBookValueAmt>47809</EOYBookValueAmt>
        <EOYFMVAmt>49499</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALFA LAVAL AB-UNSPONS ADR</StockNm>
        <EOYBookValueAmt>17453</EOYBookValueAmt>
        <EOYFMVAmt>29112</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALIBABA GROUP HLDG LTD</StockNm>
        <EOYBookValueAmt>26524</EOYBookValueAmt>
        <EOYFMVAmt>30755</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALLEGION PUB LTD CO</StockNm>
        <EOYBookValueAmt>55718</EOYBookValueAmt>
        <EOYFMVAmt>75347</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALLIANZ SE ADS</StockNm>
        <EOYBookValueAmt>51913</EOYBookValueAmt>
        <EOYFMVAmt>72170</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALTRA HLDGS INC</StockNm>
        <EOYBookValueAmt>26193</EOYBookValueAmt>
        <EOYFMVAmt>24876</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMADEUS IT GROUP S.A ADR</StockNm>
        <EOYBookValueAmt>34212</EOYBookValueAmt>
        <EOYFMVAmt>35315</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMBEV S A SPONSORED ADR</StockNm>
        <EOYBookValueAmt>48154</EOYBookValueAmt>
        <EOYFMVAmt>47634</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMEDISYS INC</StockNm>
        <EOYBookValueAmt>6407</EOYBookValueAmt>
        <EOYFMVAmt>12185</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICA MOVIL SA DE CV ADR L</StockNm>
        <EOYBookValueAmt>33947</EOYBookValueAmt>
        <EOYFMVAmt>33648</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERIPRISE FINCL INC</StockNm>
        <EOYBookValueAmt>34965</EOYBookValueAmt>
        <EOYFMVAmt>40146</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMGEN INC</StockNm>
        <EOYBookValueAmt>36196</EOYBookValueAmt>
        <EOYFMVAmt>47250</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ANGLO AMERN PLC SPONSORED ADR</StockNm>
        <EOYBookValueAmt>12739</EOYBookValueAmt>
        <EOYFMVAmt>17427</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ANHUI CONCH CEMENT ADR</StockNm>
        <EOYBookValueAmt>20402</EOYBookValueAmt>
        <EOYFMVAmt>26251</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ANSYS INC</StockNm>
        <EOYBookValueAmt>36340</EOYBookValueAmt>
        <EOYFMVAmt>52769</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ANTHEM INC</StockNm>
        <EOYBookValueAmt>19952</EOYBookValueAmt>
        <EOYFMVAmt>21180</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APOLLO COMMERCIAL REAL ESTATE</StockNm>
        <EOYBookValueAmt>3351</EOYBookValueAmt>
        <EOYFMVAmt>3512</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ARMADA HOFFLER PROPERTIES INC</StockNm>
        <EOYBookValueAmt>19171</EOYBookValueAmt>
        <EOYFMVAmt>22937</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ARMSTRONG WORLD INDS INC NEW</StockNm>
        <EOYBookValueAmt>6803</EOYBookValueAmt>
        <EOYFMVAmt>9209</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ASHLAND GLOBAL HLDGS INC COM</StockNm>
        <EOYBookValueAmt>3653</EOYBookValueAmt>
        <EOYFMVAmt>3827</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ASM PACIFIC</StockNm>
        <EOYBookValueAmt>18548</EOYBookValueAmt>
        <EOYFMVAmt>22999</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ASSOC BRITISH FDS PLC ADR-NEW</StockNm>
        <EOYBookValueAmt>25731</EOYBookValueAmt>
        <EOYFMVAmt>26136</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ATLAS COPCO AS A ADR A NEW</StockNm>
        <EOYBookValueAmt>41416</EOYBookValueAmt>
        <EOYFMVAmt>72390</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ATMOS ENERGY CP</StockNm>
        <EOYBookValueAmt>22249</EOYBookValueAmt>
        <EOYFMVAmt>25951</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ATRICURE INC COM</StockNm>
        <EOYBookValueAmt>3455</EOYBookValueAmt>
        <EOYFMVAmt>3576</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AVERY DENNISON CORPORATION</StockNm>
        <EOYBookValueAmt>10901</EOYBookValueAmt>
        <EOYFMVAmt>13344</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AVISTA CORP</StockNm>
        <EOYBookValueAmt>6397</EOYBookValueAmt>
        <EOYFMVAmt>6444</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AXA ADS</StockNm>
        <EOYBookValueAmt>28772</EOYBookValueAmt>
        <EOYFMVAmt>32648</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>B&amp;M EUROPEAN VALUE RET SA ADR</StockNm>
        <EOYBookValueAmt>14182</EOYBookValueAmt>
        <EOYFMVAmt>15903</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BADGER METER INC</StockNm>
        <EOYBookValueAmt>4963</EOYBookValueAmt>
        <EOYFMVAmt>5584</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BAIDU INC ADS</StockNm>
        <EOYBookValueAmt>93571</EOYBookValueAmt>
        <EOYFMVAmt>61557</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANCO BILBAO VIZ ARG SA ADS</StockNm>
        <EOYBookValueAmt>60620</EOYBookValueAmt>
        <EOYFMVAmt>51760</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANCO DO BRASIL SA SPON ADR</StockNm>
        <EOYBookValueAmt>24518</EOYBookValueAmt>
        <EOYFMVAmt>41013</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANCORPSOUTH INC</StockNm>
        <EOYBookValueAmt>32518</EOYBookValueAmt>
        <EOYFMVAmt>31096</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANK OF AMERICA CORP</StockNm>
        <EOYBookValueAmt>44276</EOYBookValueAmt>
        <EOYFMVAmt>54802</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANK OF GEORGIA GR</StockNm>
        <EOYBookValueAmt>19612</EOYBookValueAmt>
        <EOYFMVAmt>16167</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANKUNITED INC</StockNm>
        <EOYBookValueAmt>7405</EOYBookValueAmt>
        <EOYFMVAmt>7714</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BARCLAYS PLC ADR</StockNm>
        <EOYBookValueAmt>61047</EOYBookValueAmt>
        <EOYFMVAmt>57767</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BAYER AG SPON ADR</StockNm>
        <EOYBookValueAmt>38961</EOYBookValueAmt>
        <EOYFMVAmt>45427</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BB SEGURIDADE PARTICIPACOES</StockNm>
        <EOYBookValueAmt>15796</EOYBookValueAmt>
        <EOYFMVAmt>23325</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BENEFITFOCUS INC</StockNm>
        <EOYBookValueAmt>3005</EOYBookValueAmt>
        <EOYFMVAmt>1602</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BIDVEST GROUP LTD SPONS ADR</StockNm>
        <EOYBookValueAmt>14324</EOYBookValueAmt>
        <EOYFMVAmt>14830</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BIOTELEMETRY INC COM</StockNm>
        <EOYBookValueAmt>3502</EOYBookValueAmt>
        <EOYFMVAmt>3473</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BLACKROCK STRATEGIC INC OPP I</StockNm>
        <EOYBookValueAmt>7124470</EOYBookValueAmt>
        <EOYFMVAmt>7276506</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BOK FINANCIAL CORP NEW</StockNm>
        <EOYBookValueAmt>22872</EOYBookValueAmt>
        <EOYFMVAmt>20626</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BORG WARNER INC</StockNm>
        <EOYBookValueAmt>14610</EOYBookValueAmt>
        <EOYFMVAmt>14098</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BOX,INC. CL A</StockNm>
        <EOYBookValueAmt>7921</EOYBookValueAmt>
        <EOYFMVAmt>7920</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BRANDYWINE REALTY TR</StockNm>
        <EOYBookValueAmt>16410</EOYBookValueAmt>
        <EOYFMVAmt>17293</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BRIGHT HORIZONS FAMILY SOLUT</StockNm>
        <EOYBookValueAmt>5397</EOYBookValueAmt>
        <EOYFMVAmt>7064</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BROOKS-AUTOMATION INC</StockNm>
        <EOYBookValueAmt>19153</EOYBookValueAmt>
        <EOYFMVAmt>24924</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BRUKER CORPORATION</StockNm>
        <EOYBookValueAmt>8271</EOYBookValueAmt>
        <EOYFMVAmt>14119</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BRUNSWICK CORP</StockNm>
        <EOYBookValueAmt>15433</EOYBookValueAmt>
        <EOYFMVAmt>14935</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BURLINGTON STORES INC</StockNm>
        <EOYBookValueAmt>12374</EOYBookValueAmt>
        <EOYFMVAmt>18242</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CABOT OIL &amp; GAS CORP A</StockNm>
        <EOYBookValueAmt>38779</EOYBookValueAmt>
        <EOYFMVAmt>36753</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CACTUS INC CLASS-A</StockNm>
        <EOYBookValueAmt>6932</EOYBookValueAmt>
        <EOYFMVAmt>8237</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CALLON PETROLEUM COMPANY</StockNm>
        <EOYBookValueAmt>15786</EOYBookValueAmt>
        <EOYFMVAmt>7462</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CANADIAN NATL RAILWAY CO</StockNm>
        <EOYBookValueAmt>30185</EOYBookValueAmt>
        <EOYFMVAmt>46582</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CANTEL MEDICAL CORP</StockNm>
        <EOYBookValueAmt>6801</EOYBookValueAmt>
        <EOYFMVAmt>5317</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CAPITAL ONE FINANCIAL CORP</StockNm>
        <EOYBookValueAmt>32316</EOYBookValueAmt>
        <EOYFMVAmt>35195</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CARDIOVASCULAR SYSTEMS INC</StockNm>
        <EOYBookValueAmt>3377</EOYBookValueAmt>
        <EOYFMVAmt>3547</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CARTER'S</StockNm>
        <EOYBookValueAmt>12318</EOYBookValueAmt>
        <EOYFMVAmt>12574</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CASELLA WASTE SYS INC</StockNm>
        <EOYBookValueAmt>14445</EOYBookValueAmt>
        <EOYFMVAmt>17537</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHARLES RIVER LABS INTL INC</StockNm>
        <EOYBookValueAmt>3549</EOYBookValueAmt>
        <EOYFMVAmt>4124</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHECK POINT SOFTWARE TECH LTD</StockNm>
        <EOYBookValueAmt>53478</EOYBookValueAmt>
        <EOYFMVAmt>69239</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHEMED CORPORATION</StockNm>
        <EOYBookValueAmt>5112</EOYBookValueAmt>
        <EOYFMVAmt>7028</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHEMOURS CO COM</StockNm>
        <EOYBookValueAmt>9097</EOYBookValueAmt>
        <EOYFMVAmt>8321</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHILDREN'S PLACE INC</StockNm>
        <EOYBookValueAmt>7440</EOYBookValueAmt>
        <EOYFMVAmt>4689</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHINA CONSTRUCTION BANK CORP</StockNm>
        <EOYBookValueAmt>59165</EOYBookValueAmt>
        <EOYFMVAmt>57159</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHINA MERCHANTS BK CO LTD UNSP</StockNm>
        <EOYBookValueAmt>19446</EOYBookValueAmt>
        <EOYFMVAmt>21169</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHINA MOBILE LTD</StockNm>
        <EOYBookValueAmt>85108</EOYBookValueAmt>
        <EOYFMVAmt>75367</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHINA SHENHUA ENERGY LTD ADR</StockNm>
        <EOYBookValueAmt>23755</EOYBookValueAmt>
        <EOYFMVAmt>20017</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CHR HANSEN HLDG A/S UNSOLICITE</StockNm>
        <EOYBookValueAmt>40676</EOYBookValueAmt>
        <EOYFMVAmt>33857</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CHUBB LTD</StockNm>
        <EOYBookValueAmt>26890</EOYBookValueAmt>
        <EOYFMVAmt>33467</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CHUGAI PHARMACEUTIC UNSP ADR</StockNm>
        <EOYBookValueAmt>31642</EOYBookValueAmt>
        <EOYFMVAmt>44722</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CIELO SA SPONSORED ADR NEW</StockNm>
        <EOYBookValueAmt>18577</EOYBookValueAmt>
        <EOYFMVAmt>9669</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CIMPRESS PLC EURO</StockNm>
        <EOYBookValueAmt>7659</EOYBookValueAmt>
        <EOYFMVAmt>6917</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CINEMARK HOLDINGS INC.</StockNm>
        <EOYBookValueAmt>14128</EOYBookValueAmt>
        <EOYFMVAmt>13201</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CLEARWAY ENERGY INC</StockNm>
        <EOYBookValueAmt>5521</EOYBookValueAmt>
        <EOYFMVAmt>6783</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CNOOC LTD ADS</StockNm>
        <EOYBookValueAmt>22253</EOYBookValueAmt>
        <EOYFMVAmt>23000</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>COCA COLA CO</StockNm>
        <EOYBookValueAmt>33842</EOYBookValueAmt>
        <EOYFMVAmt>43007</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COGENT COMM GROUP</StockNm>
        <EOYBookValueAmt>3769</EOYBookValueAmt>
        <EOYFMVAmt>4804</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>COMMERCE BANCSHARES</StockNm>
        <EOYBookValueAmt>22463</EOYBookValueAmt>
        <EOYFMVAmt>26157</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>COMMERCIAL INTL BNK LTD SP ADR</StockNm>
        <EOYBookValueAmt>17696</EOYBookValueAmt>
        <EOYFMVAmt>22886</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>COMPASS MINERALS INTER INC</StockNm>
        <EOYBookValueAmt>4256</EOYBookValueAmt>
        <EOYFMVAmt>4816</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CORPORATE OFFICES PPTY TR INC</StockNm>
        <EOYBookValueAmt>2801</EOYBookValueAmt>
        <EOYFMVAmt>2820</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CORSITE REALTY CORP</StockNm>
        <EOYBookValueAmt>10506</EOYBookValueAmt>
        <EOYFMVAmt>10539</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CORTEVA INC</StockNm>
        <EOYBookValueAmt>36321</EOYBookValueAmt>
        <EOYFMVAmt>41561</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COUPA SOFTWARE INC</StockNm>
        <EOYBookValueAmt>8200</EOYBookValueAmt>
        <EOYFMVAmt>8044</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COVANTA HOLDING CORP</StockNm>
        <EOYBookValueAmt>5024</EOYBookValueAmt>
        <EOYFMVAmt>4452</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CREDIT SUISSE GROUP</StockNm>
        <EOYBookValueAmt>27434</EOYBookValueAmt>
        <EOYFMVAmt>24573</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CULLEN FROST BANKERS INC</StockNm>
        <EOYBookValueAmt>22028</EOYBookValueAmt>
        <EOYFMVAmt>19165</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CURTISS WRIGHT CORP</StockNm>
        <EOYBookValueAmt>16390</EOYBookValueAmt>
        <EOYFMVAmt>18316</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DANAHER CORPORATION</StockNm>
        <EOYBookValueAmt>37051</EOYBookValueAmt>
        <EOYFMVAmt>57708</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DASSAULT SYSTEMS SA ADS</StockNm>
        <EOYBookValueAmt>37185</EOYBookValueAmt>
        <EOYFMVAmt>62349</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>DBS GROUP HOLDINGS LTD SP</StockNm>
        <EOYBookValueAmt>44316</EOYBookValueAmt>
        <EOYFMVAmt>63117</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>DENTSU INC UNSPON ADR</StockNm>
        <EOYBookValueAmt>26845</EOYBookValueAmt>
        <EOYFMVAmt>21674</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>DEUTSCHE POST AG SPONSORED ADR</StockNm>
        <EOYBookValueAmt>34615</EOYBookValueAmt>
        <EOYFMVAmt>39181</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>DEUTSCHE WOHNEN AG UNSPONSORED</StockNm>
        <EOYBookValueAmt>21701</EOYBookValueAmt>
        <EOYFMVAmt>18209</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DIAGEO PLC SPON ADR NEW</StockNm>
        <EOYBookValueAmt>86113</EOYBookValueAmt>
        <EOYFMVAmt>96673</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>DNB ASA SPONSORED ADR</StockNm>
        <EOYBookValueAmt>27561</EOYBookValueAmt>
        <EOYFMVAmt>26687</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DONALDSON CO INC</StockNm>
        <EOYBookValueAmt>4775</EOYBookValueAmt>
        <EOYFMVAmt>6050</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DORMAN PRODUCTS, INC</StockNm>
        <EOYBookValueAmt>4505</EOYBookValueAmt>
        <EOYFMVAmt>4770</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DOUGLAS EMMETT INC</StockNm>
        <EOYBookValueAmt>8028</EOYBookValueAmt>
        <EOYFMVAmt>8648</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DUNKIN BRANDS GROUP INC</StockNm>
        <EOYBookValueAmt>2913</EOYBookValueAmt>
        <EOYFMVAmt>3173</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DYCOM IND INC</StockNm>
        <EOYBookValueAmt>5544</EOYBookValueAmt>
        <EOYFMVAmt>4951</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EAST WEST BANCORP</StockNm>
        <EOYBookValueAmt>31002</EOYBookValueAmt>
        <EOYFMVAmt>22110</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EASTGROUP PROPERTIES INC</StockNm>
        <EOYBookValueAmt>12809</EOYBookValueAmt>
        <EOYFMVAmt>17910</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EBARA CORP ADR</StockNm>
        <EOYBookValueAmt>12845</EOYBookValueAmt>
        <EOYFMVAmt>12500</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EMCOR GROUP INC</StockNm>
        <EOYBookValueAmt>13191</EOYBookValueAmt>
        <EOYFMVAmt>14757</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EMERGENT BIOSOLUTIONS INC</StockNm>
        <EOYBookValueAmt>2707</EOYBookValueAmt>
        <EOYFMVAmt>2104</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ENCOMPASS HEALTH CORP</StockNm>
        <EOYBookValueAmt>14319</EOYBookValueAmt>
        <EOYFMVAmt>15032</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ENERGIZER HLDGS INC</StockNm>
        <EOYBookValueAmt>8237</EOYBookValueAmt>
        <EOYFMVAmt>9542</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ENERSYS</StockNm>
        <EOYBookValueAmt>8654</EOYBookValueAmt>
        <EOYFMVAmt>9952</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ENN ENERGY HOLDINGS LTD UNSPON</StockNm>
        <EOYBookValueAmt>15176</EOYBookValueAmt>
        <EOYFMVAmt>15608</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ENTEGRIS INC</StockNm>
        <EOYBookValueAmt>13806</EOYBookValueAmt>
        <EOYFMVAmt>20086</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EPIROC AKTIEBOLAG ADR</StockNm>
        <EOYBookValueAmt>22355</EOYBookValueAmt>
        <EOYFMVAmt>28515</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EQUITY LIFESTYLE PROPERTIES</StockNm>
        <EOYBookValueAmt>17645</EOYBookValueAmt>
        <EOYFMVAmt>25763</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FANUC CORPORATION UNSP ADR</StockNm>
        <EOYBookValueAmt>41305</EOYBookValueAmt>
        <EOYFMVAmt>45092</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FERGUSON PLC ADR</StockNm>
        <EOYBookValueAmt>31175</EOYBookValueAmt>
        <EOYFMVAmt>37016</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIRST INTERSTATE BANC SYSTEM</StockNm>
        <EOYBookValueAmt>13327</EOYBookValueAmt>
        <EOYFMVAmt>13875</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIVE BELOW</StockNm>
        <EOYBookValueAmt>8657</EOYBookValueAmt>
        <EOYFMVAmt>11124</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FLOOR &amp; DECOR HLDGS INC CL-A</StockNm>
        <EOYBookValueAmt>9582</EOYBookValueAmt>
        <EOYFMVAmt>10162</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FLOWERS FOODS INC</StockNm>
        <EOYBookValueAmt>8715</EOYBookValueAmt>
        <EOYFMVAmt>9131</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FMC CORP NEW</StockNm>
        <EOYBookValueAmt>11538</EOYBookValueAmt>
        <EOYFMVAmt>15173</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FNB CORPORATION</StockNm>
        <EOYBookValueAmt>5959</EOYBookValueAmt>
        <EOYFMVAmt>6096</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FOMENTO ECONOMICO MEXICANO</StockNm>
        <EOYBookValueAmt>34727</EOYBookValueAmt>
        <EOYFMVAmt>36481</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FORTUNE BRANDS HOME &amp; SEC INC</StockNm>
        <EOYBookValueAmt>6109</EOYBookValueAmt>
        <EOYFMVAmt>7187</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FOX FACTORY HOLDING CORP</StockNm>
        <EOYBookValueAmt>2924</EOYBookValueAmt>
        <EOYFMVAmt>2922</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FRANKLIN ELECTRIC CO</StockNm>
        <EOYBookValueAmt>4502</EOYBookValueAmt>
        <EOYFMVAmt>4987</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FUCHS PETROLUB AG UNSPON ADR</StockNm>
        <EOYBookValueAmt>21054</EOYBookValueAmt>
        <EOYFMVAmt>25104</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FULLER H B &amp; COMPANY</StockNm>
        <EOYBookValueAmt>14837</EOYBookValueAmt>
        <EOYFMVAmt>14646</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FULTON FINL CORP PA</StockNm>
        <EOYBookValueAmt>4807</EOYBookValueAmt>
        <EOYFMVAmt>4968</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GALP ENERGIA SA LISBOA ADR</StockNm>
        <EOYBookValueAmt>15316</EOYBookValueAmt>
        <EOYFMVAmt>15951</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENL DYNAMICS CORP</StockNm>
        <EOYBookValueAmt>35198</EOYBookValueAmt>
        <EOYFMVAmt>32801</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENPACT LTD</StockNm>
        <EOYBookValueAmt>3915</EOYBookValueAmt>
        <EOYFMVAmt>5524</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GLAXOSMITHKLINE PLC ADR</StockNm>
        <EOYBookValueAmt>74634</EOYBookValueAmt>
        <EOYFMVAmt>87495</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HALLIBURTON CO</StockNm>
        <EOYBookValueAmt>30269</EOYBookValueAmt>
        <EOYFMVAmt>16370</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HDFC BANK LTD ADR</StockNm>
        <EOYBookValueAmt>20251</EOYBookValueAmt>
        <EOYFMVAmt>29404</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HELLA KGAA HUECK &amp; CO</StockNm>
        <EOYBookValueAmt>19847</EOYBookValueAmt>
        <EOYFMVAmt>18564</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HELMERICH &amp; PAYNE</StockNm>
        <EOYBookValueAmt>4019</EOYBookValueAmt>
        <EOYFMVAmt>3589</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HENGAN INTL GROUP CO LTD ADR</StockNm>
        <EOYBookValueAmt>27599</EOYBookValueAmt>
        <EOYFMVAmt>22975</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HERON THERAPEUTICS INC</StockNm>
        <EOYBookValueAmt>4586</EOYBookValueAmt>
        <EOYFMVAmt>5100</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HEXCEL CORP NEW</StockNm>
        <EOYBookValueAmt>2831</EOYBookValueAmt>
        <EOYFMVAmt>3079</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HILLROM HOLDINGS</StockNm>
        <EOYBookValueAmt>7129</EOYBookValueAmt>
        <EOYFMVAmt>9196</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HOME DEPOT INC</StockNm>
        <EOYBookValueAmt>36195</EOYBookValueAmt>
        <EOYFMVAmt>40182</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HORACE MANN EDUCATORS CP</StockNm>
        <EOYBookValueAmt>14119</EOYBookValueAmt>
        <EOYFMVAmt>13666</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HSBC HOLDINGS PLC SPON ADR NEW</StockNm>
        <EOYBookValueAmt>54603</EOYBookValueAmt>
        <EOYFMVAmt>53905</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HYATT HOTELS CORP COM CL A UNS</StockNm>
        <EOYBookValueAmt>12495</EOYBookValueAmt>
        <EOYFMVAmt>14712</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>IBERIA BK CORP</StockNm>
        <EOYBookValueAmt>24257</EOYBookValueAmt>
        <EOYFMVAmt>23197</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ICICI BANK LTD</StockNm>
        <EOYBookValueAmt>19148</EOYBookValueAmt>
        <EOYFMVAmt>41030</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ICU MEDICAL INC</StockNm>
        <EOYBookValueAmt>23285</EOYBookValueAmt>
        <EOYFMVAmt>14970</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INDEPENDENT BK MASS</StockNm>
        <EOYBookValueAmt>23095</EOYBookValueAmt>
        <EOYFMVAmt>23560</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INFINEON TECHNOLOGIES AG</StockNm>
        <EOYBookValueAmt>99751</EOYBookValueAmt>
        <EOYFMVAmt>102054</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INFORMA PLC</StockNm>
        <EOYBookValueAmt>38236</EOYBookValueAmt>
        <EOYFMVAmt>40459</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>INFOSYS LIMITED ADR</StockNm>
        <EOYBookValueAmt>30350</EOYBookValueAmt>
        <EOYFMVAmt>33127</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>INGEVITY CORP</StockNm>
        <EOYBookValueAmt>12815</EOYBookValueAmt>
        <EOYFMVAmt>13893</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>INGREDION INC COM</StockNm>
        <EOYBookValueAmt>14217</EOYBookValueAmt>
        <EOYFMVAmt>13106</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>INNOVIVA, INC.</StockNm>
        <EOYBookValueAmt>9007</EOYBookValueAmt>
        <EOYFMVAmt>9062</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>INTERCEPT PHARMACEUTICALS INC</StockNm>
        <EOYBookValueAmt>2803</EOYBookValueAmt>
        <EOYFMVAmt>3098</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>IRHYTHM TECHNOLOGIES INC</StockNm>
        <EOYBookValueAmt>5321</EOYBookValueAmt>
        <EOYFMVAmt>4494</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>IRON MOUNTAIN INC</StockNm>
        <EOYBookValueAmt>2955</EOYBookValueAmt>
        <EOYFMVAmt>2741</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES INC MSCI JAPAN ETF</StockNm>
        <EOYBookValueAmt>61496</EOYBookValueAmt>
        <EOYFMVAmt>63505</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES MSCI FRANCE ETF</StockNm>
        <EOYBookValueAmt>27566</EOYBookValueAmt>
        <EOYFMVAmt>30355</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ITAU UNIBANCO MULTIPLE ADR</StockNm>
        <EOYBookValueAmt>12942</EOYBookValueAmt>
        <EOYFMVAmt>26874</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>JAPAN AIRLS LTD ADR</StockNm>
        <EOYBookValueAmt>26449</EOYBookValueAmt>
        <EOYFMVAmt>23932</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>JAPAN TOBACCO INC ORD</StockNm>
        <EOYBookValueAmt>53687</EOYBookValueAmt>
        <EOYFMVAmt>40849</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>JOHNSON CTLS INTL PLC</StockNm>
        <EOYBookValueAmt>29889</EOYBookValueAmt>
        <EOYFMVAmt>35499</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>JPMORGAN CHASE &amp; CO</StockNm>
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        <EOYFMVAmt>35686</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>KASIKORNBANK PUB CO LTD UNSPON</StockNm>
        <EOYBookValueAmt>14544</EOYBookValueAmt>
        <EOYFMVAmt>12251</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>KB FINANCIAL GRP INC SONS ADR</StockNm>
        <EOYBookValueAmt>34880</EOYBookValueAmt>
        <EOYFMVAmt>30531</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>KILROY REALTY CORPORATION</StockNm>
        <EOYBookValueAmt>7997</EOYBookValueAmt>
        <EOYFMVAmt>8726</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>KIMBERLY CLARK SPON ADR</StockNm>
        <EOYBookValueAmt>9245</EOYBookValueAmt>
        <EOYFMVAmt>11811</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>KOC HLDG AS UNSPON ADR</StockNm>
        <EOYBookValueAmt>17933</EOYBookValueAmt>
        <EOYFMVAmt>20000</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>KOMATSU LTD SPON ADR NEW</StockNm>
        <EOYBookValueAmt>21741</EOYBookValueAmt>
        <EOYFMVAmt>18487</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KUBOTA CP ADR</StockNm>
        <EOYBookValueAmt>33628</EOYBookValueAmt>
        <EOYFMVAmt>34839</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>L OREAL CO ADR</StockNm>
        <EOYBookValueAmt>78662</EOYBookValueAmt>
        <EOYFMVAmt>113737</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LA Z BOY INCORPORATED</StockNm>
        <EOYBookValueAmt>14592</EOYBookValueAmt>
        <EOYFMVAmt>15457</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LANCASTER COLONY CRP</StockNm>
        <EOYBookValueAmt>9822</EOYBookValueAmt>
        <EOYFMVAmt>10887</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LAUREATE EDUCATION INC CL A</StockNm>
        <EOYBookValueAmt>6309</EOYBookValueAmt>
        <EOYFMVAmt>6657</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>LEG IMMOBILIEN AG NPV</StockNm>
        <EOYBookValueAmt>37984</EOYBookValueAmt>
        <EOYFMVAmt>41147</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>LEGGETT &amp; PLATT INC</StockNm>
        <EOYBookValueAmt>16658</EOYBookValueAmt>
        <EOYFMVAmt>20180</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>LENNAR CORPORATION</StockNm>
        <EOYBookValueAmt>33211</EOYBookValueAmt>
        <EOYFMVAmt>37658</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LENNOX INTL INC</StockNm>
        <EOYBookValueAmt>3719</EOYBookValueAmt>
        <EOYFMVAmt>4147</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LGI HOMES, INC.</StockNm>
        <EOYBookValueAmt>4993</EOYBookValueAmt>
        <EOYFMVAmt>4946</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>LIBERTY PROPERTY TRUST SBI</StockNm>
        <EOYBookValueAmt>5624</EOYBookValueAmt>
        <EOYFMVAmt>6485</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>LIFE HEALTHCARE GRP HLDGS LTD</StockNm>
        <EOYBookValueAmt>13490</EOYBookValueAmt>
        <EOYFMVAmt>14405</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LINDE PLC</StockNm>
        <EOYBookValueAmt>37434</EOYBookValueAmt>
        <EOYFMVAmt>50032</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LITTELFUSE INC</StockNm>
        <EOYBookValueAmt>21465</EOYBookValueAmt>
        <EOYFMVAmt>17982</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LONZA GROUP AG ZUERICH ADR</StockNm>
        <EOYBookValueAmt>49415</EOYBookValueAmt>
        <EOYFMVAmt>61703</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>M K S INSTRUMENTS</StockNm>
        <EOYBookValueAmt>18561</EOYBookValueAmt>
        <EOYFMVAmt>21342</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MAGNOLIA OIL &amp; GAS CORP CL A</StockNm>
        <EOYBookValueAmt>13727</EOYBookValueAmt>
        <EOYFMVAmt>13838</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MANHATTAN ASSOC INC</StockNm>
        <EOYBookValueAmt>6147</EOYBookValueAmt>
        <EOYFMVAmt>10368</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MARTIN MARIETTA MATERIALS</StockNm>
        <EOYBookValueAmt>35965</EOYBookValueAmt>
        <EOYFMVAmt>45022</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MATADOR RES CO</StockNm>
        <EOYBookValueAmt>22939</EOYBookValueAmt>
        <EOYFMVAmt>15562</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MEDNAX INC</StockNm>
        <EOYBookValueAmt>5945</EOYBookValueAmt>
        <EOYFMVAmt>5836</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MEDTRONIC PLC SHS</StockNm>
        <EOYBookValueAmt>33654</EOYBookValueAmt>
        <EOYFMVAmt>44246</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MERCK &amp; CO INC NEW COM</StockNm>
        <EOYBookValueAmt>36032</EOYBookValueAmt>
        <EOYFMVAmt>37919</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MEREDITH CORPORATION</StockNm>
        <EOYBookValueAmt>18010</EOYBookValueAmt>
        <EOYFMVAmt>11689</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROCHIP TECHNOLOGY INC</StockNm>
        <EOYBookValueAmt>44282</EOYBookValueAmt>
        <EOYFMVAmt>49533</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP</StockNm>
        <EOYBookValueAmt>46698</EOYBookValueAmt>
        <EOYFMVAmt>75065</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MID AMER APART COMM INC</StockNm>
        <EOYBookValueAmt>11685</EOYBookValueAmt>
        <EOYFMVAmt>15428</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MITSUBISHI UFJ FINCL GRP ADS</StockNm>
        <EOYBookValueAmt>20187</EOYBookValueAmt>
        <EOYFMVAmt>19429</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MOBILE TELESYSTEMS PJSC</StockNm>
        <EOYBookValueAmt>10767</EOYBookValueAmt>
        <EOYFMVAmt>12911</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MONDI PLC ADR</StockNm>
        <EOYBookValueAmt>16013</EOYBookValueAmt>
        <EOYFMVAmt>17206</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MONOLITHIC PWR SYSTEMS INC</StockNm>
        <EOYBookValueAmt>9330</EOYBookValueAmt>
        <EOYFMVAmt>12461</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MOWI ASA ADR</StockNm>
        <EOYBookValueAmt>22668</EOYBookValueAmt>
        <EOYFMVAmt>25356</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MSA SAFETY INC</StockNm>
        <EOYBookValueAmt>5736</EOYBookValueAmt>
        <EOYFMVAmt>7582</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MSIF GROWTH I</StockNm>
        <EOYBookValueAmt>963589</EOYBookValueAmt>
        <EOYFMVAmt>1486551</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NATL INSTRUMS CP</StockNm>
        <EOYBookValueAmt>12287</EOYBookValueAmt>
        <EOYFMVAmt>12363</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEDBANK GRP LTD SPON ADR</StockNm>
        <EOYBookValueAmt>14499</EOYBookValueAmt>
        <EOYFMVAmt>11796</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NESTLE SPON ADR REP REG SHR</StockNm>
        <EOYBookValueAmt>66574</EOYBookValueAmt>
        <EOYFMVAmt>98084</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NETEASE.COM INC ADS</StockNm>
        <EOYBookValueAmt>18257</EOYBookValueAmt>
        <EOYFMVAmt>23918</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NETSCOUT SYSTEMS INC</StockNm>
        <EOYBookValueAmt>4323</EOYBookValueAmt>
        <EOYFMVAmt>4092</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORDSTROM INC</StockNm>
        <EOYBookValueAmt>12279</EOYBookValueAmt>
        <EOYFMVAmt>13507</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NOVARTIS AG ADR</StockNm>
        <EOYBookValueAmt>97420</EOYBookValueAmt>
        <EOYFMVAmt>129252</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NOVOZYMES A/S UNSPONS APR</StockNm>
        <EOYBookValueAmt>22296</EOYBookValueAmt>
        <EOYFMVAmt>20549</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ONE GAS INC</StockNm>
        <EOYBookValueAmt>10212</EOYBookValueAmt>
        <EOYFMVAmt>10480</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OSHKOSH CORP</StockNm>
        <EOYBookValueAmt>34997</EOYBookValueAmt>
        <EOYFMVAmt>47514</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>P H GLATFELTER</StockNm>
        <EOYBookValueAmt>12838</EOYBookValueAmt>
        <EOYFMVAmt>13725</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PACIRA BIOSCIENCES</StockNm>
        <EOYBookValueAmt>3719</EOYBookValueAmt>
        <EOYFMVAmt>3624</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PACWEST BANCORP</StockNm>
        <EOYBookValueAmt>33587</EOYBookValueAmt>
        <EOYFMVAmt>26866</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PAN PAC INTL HLDGS CORP ADR</StockNm>
        <EOYBookValueAmt>29715</EOYBookValueAmt>
        <EOYFMVAmt>40237</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PARAMOUNT GROUP INC</StockNm>
        <EOYBookValueAmt>12276</EOYBookValueAmt>
        <EOYFMVAmt>11916</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PARKER HANNIFIN CORP</StockNm>
        <EOYBookValueAmt>31421</EOYBookValueAmt>
        <EOYFMVAmt>39312</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PAYPAL HLDGS INC COM</StockNm>
        <EOYBookValueAmt>36018</EOYBookValueAmt>
        <EOYFMVAmt>47487</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PBF ENERGY INC</StockNm>
        <EOYBookValueAmt>8261</EOYBookValueAmt>
        <EOYFMVAmt>7843</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PEBBLEBROOK HOTEL TR COM</StockNm>
        <EOYBookValueAmt>23480</EOYBookValueAmt>
        <EOYFMVAmt>16863</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PENTAIR PLC</StockNm>
        <EOYBookValueAmt>7449</EOYBookValueAmt>
        <EOYFMVAmt>8257</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PEOPLE'S UNITED FINANCIAL INC.</StockNm>
        <EOYBookValueAmt>9149</EOYBookValueAmt>
        <EOYFMVAmt>9126</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PERKIN ELMER INC</StockNm>
        <EOYBookValueAmt>8733</EOYBookValueAmt>
        <EOYFMVAmt>11652</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PERRIGO CO LTD</StockNm>
        <EOYBookValueAmt>8703</EOYBookValueAmt>
        <EOYFMVAmt>8266</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PERSIMMON PLC UNSPONS ADR</StockNm>
        <EOYBookValueAmt>28564</EOYBookValueAmt>
        <EOYFMVAmt>31990</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PHILLIPS 66 COM</StockNm>
        <EOYBookValueAmt>38849</EOYBookValueAmt>
        <EOYFMVAmt>39105</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PIEDMONT OFFICE RLTY TR CL-A</StockNm>
        <EOYBookValueAmt>2851</EOYBookValueAmt>
        <EOYFMVAmt>3047</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PING AN INSURANCE ADR</StockNm>
        <EOYBookValueAmt>39526</EOYBookValueAmt>
        <EOYFMVAmt>41983</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PINNACLE WEST CAPITAL CORP</StockNm>
        <EOYBookValueAmt>10401</EOYBookValueAmt>
        <EOYFMVAmt>9892</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PIONEER NATURAL RESOURCES CO</StockNm>
        <EOYBookValueAmt>25122</EOYBookValueAmt>
        <EOYFMVAmt>20889</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PJSC GAZPROM SPON ADR</StockNm>
        <EOYBookValueAmt>6945</EOYBookValueAmt>
        <EOYFMVAmt>13160</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PJSC LUKOIL SPONSORED ADR</StockNm>
        <EOYBookValueAmt>55320</EOYBookValueAmt>
        <EOYFMVAmt>68801</EOYFMVAmt>
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        <StockNm>PLEXUS CORP</StockNm>
        <EOYBookValueAmt>9108</EOYBookValueAmt>
        <EOYFMVAmt>13541</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PPG INDUSTRIES INC</StockNm>
        <EOYBookValueAmt>32197</EOYBookValueAmt>
        <EOYFMVAmt>40981</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PREMIER INC CL A</StockNm>
        <EOYBookValueAmt>4171</EOYBookValueAmt>
        <EOYFMVAmt>4546</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PROGRESS SOFTWARE</StockNm>
        <EOYBookValueAmt>7584</EOYBookValueAmt>
        <EOYFMVAmt>8310</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PRUDENTIAL PLC ADR</StockNm>
        <EOYBookValueAmt>28024</EOYBookValueAmt>
        <EOYFMVAmt>22930</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PS BUSINESS PARKS INC CALIF</StockNm>
        <EOYBookValueAmt>6479</EOYBookValueAmt>
        <EOYFMVAmt>8408</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PT ASTRA INTERNATIONAL TBK ADR</StockNm>
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    </InvestmentsGovtObligationsSch>
    <OtherAssetsSchedule documentId="OtherAssetsSch">
      <OtherAssetsScheduleGrp>
        <Desc>FEDERAL EXCISE TAX RECEIVABLE</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>92064</EOYBookValueAmt>
        <EOYFMVAmt>92064</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>CUSTODY FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>5881</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>5881</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>INVESCO DB BASE METALS FD ORD INC</Desc>
        <RevenueAndExpensesPerBooksAmt>0</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>687</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSch">
      <OtherIncreasesDetail>
        <Desc>EXCISE TAX PAYABLE - IN-KIND</Desc>
        <Amt>131000</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>PRIOR PERIOD ADJUSTMENT</Desc>
        <Amt>293</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAXES</CategoryTxt>
        <Amt>52429</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
    <TransfersToControlledEntities documentId="TransToControlledEnt">
      <TransfersToControlledEntGrp>
        <BusinessName>
          <BusinessNameLine1Txt>MORGAN STANLEY FOUNDATION INC</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>1221 AVE OF THE AMERICAS-TAX-FL 3</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10020</ZIPCd>
        </USAddress>
        <EIN>261226280</EIN>
        <Desc>N/A</Desc>
        <Amt>0</Amt>
      </TransfersToControlledEntGrp>
      <TotalAmt>0</TotalAmt>
    </TransfersToControlledEntities>
  </ReturnData>
</Return>