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        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>12915 MONDELEZ INTL INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-08-24</AcquiredDt>
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          <GrossSalesPriceAmt>547280</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>541890</CostOrOtherBasisAmt>
          <GainOrLossAmt>5390</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5390</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>21600 NATIONAL OILWELL VARCO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-02-23</AcquiredDt>
          <SoldDt>2018-05-18</SoldDt>
          <GrossSalesPriceAmt>902436</GrossSalesPriceAmt>
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          <GainsMinusExcessOrLossesAmt>-114094</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>10075 ROYAL DUTCH SHELL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-03-30</AcquiredDt>
          <SoldDt>2018-12-21</SoldDt>
          <GrossSalesPriceAmt>583183</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>567369</CostOrOtherBasisAmt>
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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>3200 SUMITOMO MITSUI FINL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-02-07</AcquiredDt>
          <SoldDt>2018-07-30</SoldDt>
          <GrossSalesPriceAmt>24960</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>25471</CostOrOtherBasisAmt>
          <GainOrLossAmt>-511</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-511</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>25000 TATA MOTORS LTD</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-02-23</AcquiredDt>
          <SoldDt>2018-09-21</SoldDt>
          <GrossSalesPriceAmt>430242</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>857512</CostOrOtherBasisAmt>
          <GainOrLossAmt>-427270</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-427270</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>4000 THERMO FISHER SCIENTI</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-10-11</AcquiredDt>
          <SoldDt>2018-09-21</SoldDt>
          <GrossSalesPriceAmt>925088</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>371216</CostOrOtherBasisAmt>
          <GainOrLossAmt>553872</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>553872</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>25665 VODAFONE GROUP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
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          <SoldDt>2018-12-20</SoldDt>
          <GrossSalesPriceAmt>515817</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>850871</CostOrOtherBasisAmt>
          <GainOrLossAmt>-335054</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-335054</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>16056</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>6646158</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>1941903</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>135025141</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.014382</DistributionYr1Rt>
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        <NetVlNoncharitableAssetsYr2Amt>119616830</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.107118</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>39965054</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>154246381</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.259099</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>5090091</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>156742727</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.032474</DistributionYr4Rt>
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        <NetVlNoncharitableAssetsYr5Amt>145176214</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.086667</DistributionYr5Rt>
        <TotalDistributionRt>0.49974</TotalDistributionRt>
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        <NetVlNoncharitableAssetsAmt>136722224</NetVlNoncharitableAssetsAmt>
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        <NetInvestmentIncomePctAmt>81883</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>13746996</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>6289396</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>163765</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>163765</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>163765</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>188127</EstimatedPlusOvpmtIncmTxAmt>
        <ExtsnRequestIncomeTaxPaidAmt>50000</ExtsnRequestIncomeTaxPaidAmt>
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        <AppliedToESTaxAmt>74362</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CO</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>www.malonefamilyfoundation.org</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>MARRS SEVIER &amp; COMPANY LLC</BusinessNameLine1Txt>
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        <LocationOfBooksUSAddress>
          <AddressLine1Txt>230 S HOLLAND STREET</AddressLine1Txt>
          <CityNm>Lakewood</CityNm>
          <StateAbbreviationCd>CO</StateAbbreviationCd>
          <ZIPCd>80226</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JOHN C MALONE</PersonNm>
          <USAddress>
            <AddressLine1Txt>440 SOUTH BEACH RD</AddressLine1Txt>
            <CityNm>HOBE SOUND</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33455</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT, TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.8</AverageHrsPerWkDevotedToPosRt>
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          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>LESLIE A MALONE</PersonNm>
          <USAddress>
            <AddressLine1Txt>440 SOUTH BEACH RD</AddressLine1Txt>
            <CityNm>HOBE SOUND</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33455</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.1</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>EVAN MALONE</PersonNm>
          <USAddress>
            <AddressLine1Txt>440 SOUTH BEACH RD</AddressLine1Txt>
            <CityNm>HOBE SOUND</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33455</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.1</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>CATHIE WLASCHIN</PersonNm>
          <USAddress>
            <AddressLine1Txt>440 SOUTH BEACH RD</AddressLine1Txt>
            <CityNm>HOBE SOUND</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33455</ZIPCd>
          </USAddress>
          <TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>30.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>105960</CompensationAmt>
          <EmployeeBenefitsAmt>10986</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>NONE</Description1Txt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>135093518</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>3710770</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>138804288</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>138804288</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>2082064</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>136722224</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>6836111</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>6836111</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>163765</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>163765</TotalTaxAmt>
        <DistributableBeforeAdjAmt>6672346</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>6672346</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>6672346</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>6289396</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>6289396</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>6289396</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>6672346</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <PriorYear1Yr>2016</PriorYear1Yr>
        <PriorYear2Yr>2015</PriorYear2Yr>
        <PriorYear3Yr>2014</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>5695479</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr3Amt>32548653</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>6848515</ExcessDistributionCyovYr2Amt>
        <TotalExcessDistributionCyovAmt>45092647</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>6289396</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>6289396</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>382950</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>382950</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>44709697</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>5312529</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>39397168</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear3Amt>32548653</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>6848515</ExcessFromYear2Amt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <ContributingManagerNm>JOHN C MALONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARBOR SCHOOL OF CENTRAL FLORIDA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1010 SPRING VILLAS POINTE</AddressLine1Txt>
            <CityNm>WINTER SPRINGS</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32708</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>70000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COLORADO SYMPHONY ASSOCIATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1001 14TH STREET UNIT 15</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80202</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CRAIG HOSPITAL FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3425 S CLARKSON ST</AddressLine1Txt>
            <CityNm>ENGLEWOOD</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80113</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DSST PUBLIC SCHOOLS FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3401 QUEBEC STREET STE 7200</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80207</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>INTERVENTIONAL ORTHOPEDICS FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>403 SUMMIT BLVD SUITE 201</AddressLine1Txt>
            <CityNm>BROOMFIELD</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80021</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>500000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>VIRGINIA TECH FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>902 PRICES FORK RD</AddressLine1Txt>
            <CityNm>BLACKSBURG</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>24061</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>13341</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JOHNS HOPKINS UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3400 N CHARLES STREET</AddressLine1Txt>
            <CityNm>BALTIMORE</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>21218</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>TO PROMOTE ACADEMIC RESEARCH</GrantOrContributionPurposeTxt>
          <Amt>5010391</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CREATIVE THERAPY CARE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8249 WILLIAMSON RD</AddressLine1Txt>
            <CityNm>ROANOKE</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>24019</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>TO SUPPORT CHILDREN AND ADULTS WITH SPECIAL NEEDS THROUGH THE USE OF THERAPIES INCORPORATING ANIMALS</GrantOrContributionPurposeTxt>
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            <CityNm>LA JOLLA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92093</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>TO ADMINISTER AND INVEST GIFTS TO UC SAN DIEGO</GrantOrContributionPurposeTxt>
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      <DepreciationPropertyGrp>
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      <DepreciationPropertyGrp>
        <PropertyDesc>DELL LP/MONITOR</PropertyDesc>
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      <DepreciationPropertyGrp>
        <PropertyDesc>PRINT COPY SCAN FX</PropertyDesc>
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        <PriorYearDepreciationAmt>393</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M5</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>DELL COMPUTER</PropertyDesc>
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        <ComputationMethodTxt>M5</ComputationMethodTxt>
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      <InvestmentsCorporateStockGrp>
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      <InvestmentsCorporateStockGrp>
        <StockNm>THERMO FISHER - ACCT 711</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>T-MOBILE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VERIZON</StockNm>
        <EOYBookValueAmt>1975048</EOYBookValueAmt>
        <EOYFMVAmt>2282251</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VODAPHONE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WALMART</StockNm>
        <EOYBookValueAmt>2042407</EOYBookValueAmt>
        <EOYFMVAmt>2153628</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WALT DISNEY</StockNm>
        <EOYBookValueAmt>836369</EOYBookValueAmt>
        <EOYFMVAmt>865687</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WELLS FARGO - ACCT 710</StockNm>
        <EOYBookValueAmt>2243908</EOYBookValueAmt>
        <EOYFMVAmt>3023078</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WELLS FARGO - ACCT 711</StockNm>
        <EOYBookValueAmt>496641</EOYBookValueAmt>
        <EOYFMVAmt>434304</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WILLIS GROUP</StockNm>
        <EOYBookValueAmt>2114795</EOYBookValueAmt>
        <EOYFMVAmt>2007589</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ZAYO</StockNm>
        <EOYBookValueAmt>3813761</EOYBookValueAmt>
        <EOYFMVAmt>2399685</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ZIMMER BIOMET</StockNm>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvOtherSch2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>KLEINER PERKINS CAUFIELD</CategoryOrItemTxt>
        <BookValueAmt>223255</BookValueAmt>
        <EOYFMVAmt>98038</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="LandEtcSch2">
      <LandEtcGrp>
        <CategoryOrItemTxt>COMPUTERS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>5040</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>5040</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>SOFTWARE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>11200</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>11199</AccumulatedDepreciationAmt>
        <BookValueAmt>1</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>SOFTWARE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1377</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1377</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>WEB DESIGN</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>12000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>12000</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>DELL LP/MONITOR</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2152</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2152</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>PRINT COPY SCAN FX</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>393</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>393</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>DELL COMPUTER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1853</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1853</AccumulatedDepreciationAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>DUES &amp; SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>760</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>760</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE - LIABILITY</Desc>
        <RevenueAndExpensesPerBooksAmt>2574</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2574</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INTERNET</Desc>
        <RevenueAndExpensesPerBooksAmt>1233</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1233</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ACCOUNT MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>1305127</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1305127</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>458</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>457</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>1389</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1389</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>111</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>111</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CONFERENCES</Desc>
        <RevenueAndExpensesPerBooksAmt>155</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>155</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEALS &amp; ENTERTAINMENT</Desc>
        <RevenueAndExpensesPerBooksAmt>18</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>KKR &amp; CO LP-PASS THRU</Desc>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="OtherLiabSch">
      <OtherLiabilitiesDetail>
        <Desc>OPTIONS</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>102269</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES PAID</CategoryTxt>
        <Amt>50355</Amt>
        <NetInvestmentIncomeAmt>50355</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES</CategoryTxt>
        <Amt>140000</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>