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        <Description1Txt>BLUE SANDS COMBINES PHILANTHROPY WITH PROFESSIONAL GUIDANCE TO PROVIDE CAPABLE INDIVIDUALS AND DESERVING CHILDREN OF LIMITED RESOURCES WITH OPPORTUNITIES TO CULTIVATE ESSENTIAL WORK AND LIFE SKILLS THAT HELP THEM BECOME FINANCIALLY SELF-SUFFICIENT AND INDEPENDENT.WE PROVIDE FINANCIAL GRANTS TO FLEDGLING ORGANIZATIONS AND PROGRAMS, AND, ON OCCASION, TO LOW-INCOME INDIVIDUALS WITH PROMISE TO JUMPSTART OR EXPAND EXPERTISE IN EDUCATION, BUSINESS OR ESSENTIAL SKILLS.OUR GOAL IS TO IMPROVE THE STANDARD OF LIVING WITHIN A SEGMENT OF SOCIETY THROUGH COMMUNITY-BASED PROGRAMS AND GROUPS. OUR HOPE IS TO SUPPORT NOT ONLY THE GRANT RECIPIENTS, BUT ALSO THEIR EXTENDED FAMILIES AND RESPECTIVE COMMUNITIES. AS SUCH, WE HOPE OUR GRANTEE WILL HELP PAY IT FORWARD.</Description1Txt>
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          <CityNm>LONDON</CityNm>
          <CountryCd>UK</CountryCd>
        </ForeignAddress>
        <GrantDt>2019-12-31</GrantDt>
        <GrantAmt>1042</GrantAmt>
        <PurposeOfGrantTxt>SCHOLARSHIP</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>1042</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NONE</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>12/31/19</DatesOfReportsByGranteeTxt>
        <ResultsOfVerificationTxt>THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE.</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>SUSSEX HOUSE SCHOOL</BusinessNameLine1Txt>
        </BusinessName>
        <ForeignAddress>
          <AddressLine1Txt>68 CADOGAN SQUARE</AddressLine1Txt>
          <CityNm>LONDON</CityNm>
          <CountryCd>UK</CountryCd>
        </ForeignAddress>
        <GrantDt>2019-12-31</GrantDt>
        <GrantAmt>9078</GrantAmt>
        <PurposeOfGrantTxt>SCHOLARSHIP</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>9078</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NONE</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>12/31/19</DatesOfReportsByGranteeTxt>
        <ResultsOfVerificationTxt>THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE.</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>UNIVERSIT SAINT-JOSEPH (BEIRUT)</BusinessNameLine1Txt>
        </BusinessName>
        <ForeignAddress>
          <AddressLine1Txt>MAR MIKHAEL BP 17-5208 2020 1104</AddressLine1Txt>
          <CityNm>BEIRUT</CityNm>
          <CountryCd>LE</CountryCd>
        </ForeignAddress>
        <GrantDt>2019-12-31</GrantDt>
        <GrantAmt>4905</GrantAmt>
        <PurposeOfGrantTxt>SCHOLARSHIP</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>4905</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NONE</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>12/31/19</DatesOfReportsByGranteeTxt>
        <ResultsOfVerificationTxt>THE FOUNDATION HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORTS FROM THE GRANTEE.</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
    </ExpenditureResponsibilityStmt>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT HOLDINGS IN JP MORGAN</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>3540937</BookValueAmt>
        <EOYFMVAmt>3540937</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DLR STOCK</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>10177900</BookValueAmt>
        <EOYFMVAmt>10177900</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssetsScheduleGrp>
        <Desc>ACCRUED INTEREST INCOME</Desc>
        <BOYBookValueAmt>55192</BOYBookValueAmt>
        <EOYBookValueAmt>56397</EOYBookValueAmt>
        <EOYFMVAmt>56397</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS OPERATING EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>9348</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>9348</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc2049700001">
      <OtherIncreasesDetail>
        <Desc>UNREALIZED GAIN</Desc>
        <Amt>1037893</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FEDRAL</CategoryTxt>
        <Amt>3962</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>