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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>ALEJANDRO M LOPEZ</PersonNm>
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        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
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      <Form990PartVIISectionAGrp>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
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      <Form990PartVIISectionAGrp>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
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        <ManagementAndGeneralAmt>54425</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>486198</ProgramServicesAmt>
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        <ProgramServicesAmt>183</ProgramServicesAmt>
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        <TotalAmt>26459</TotalAmt>
        <ManagementAndGeneralAmt>26459</ManagementAndGeneralAmt>
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        <TotalAmt>112564</TotalAmt>
        <ProgramServicesAmt>95679</ProgramServicesAmt>
        <ManagementAndGeneralAmt>16885</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>14102</ProgramServicesAmt>
        <ManagementAndGeneralAmt>3526</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
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        <ProgramServicesAmt>715058</ProgramServicesAmt>
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      <OtherExpensesGrp>
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      <OtherExpensesGrp>
        <Desc>PROGRAM ACTIVITIES AND</Desc>
        <TotalAmt>187566</TotalAmt>
        <ProgramServicesAmt>187566</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>IMPAIRMENT ADJUSTMENT</Desc>
        <TotalAmt>76422</TotalAmt>
        <ProgramServicesAmt>64959</ProgramServicesAmt>
        <ManagementAndGeneralAmt>11463</ManagementAndGeneralAmt>
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      <AllOtherExpensesGrp>
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        <ProgramServicesAmt>196335</ProgramServicesAmt>
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      <TotalFunctionalExpensesGrp>
        <TotalAmt>4445727</TotalAmt>
        <ProgramServicesAmt>3847243</ProgramServicesAmt>
        <ManagementAndGeneralAmt>598484</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
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        <EOYAmt>97932</EOYAmt>
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      <SavingsAndTempCashInvstGrp>
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        <EOYAmt>125973</EOYAmt>
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        <EOYAmt>3790468</EOYAmt>
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        <CurrentTaxYearMinus2YearsAmt>4420369</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>3549789</CurrentTaxYearMinus1YearAmt>
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        <CurrentTaxYearMinus1YearAmt>3549789</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>6881390</CurrentTaxYearAmt>
        <TotalAmt>23835478</TotalAmt>
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        <CurrentTaxYearAmt>3141</CurrentTaxYearAmt>
        <TotalAmt>3182</TotalAmt>
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        </ContributorBusinessName>
        <ContributorUSAddress>
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          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
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      <RevenueSubtotalAmt>6884531</RevenueSubtotalAmt>
      <RevenueNotReportedFinclStmtAmt>0</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>6884531</TotalRevenuePerForm990Amt>
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      <ExpensesSubtotalAmt>4445727</ExpensesSubtotalAmt>
      <ExpensesNotRptFinclStmtAmt>0</ExpensesNotRptFinclStmtAmt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>MAINTAINING OF SCHOLARSHIP RECIPIENT DATABASE ON AN ANNUAL BASIS.</ExplanationTxt>
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        <DefaultInd>0</DefaultInd>
        <BoardOrCommitteeApprovalInd>1</BoardOrCommitteeApprovalInd>
        <WrittenAgreementInd>1</WrittenAgreementInd>
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      <TotalBalanceDueAmt>52500</TotalBalanceDueAmt>
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <PersonNm>PETER MELLADO - OWNER OF MELLCOM I</PersonNm>
        </NameOfInterested>
        <RelationshipDescriptionTxt>SON OF THE CHAIRMAN OF THE BOARD AND BROTHER OF CEO</RelationshipDescriptionTxt>
        <TransactionAmt>88377</TransactionAmt>
        <TransactionDesc>MELLCOM, INC., IS THE PUBLISHER OF TECHNICA MAGAZINE, THE OFFICIAL PUBLICATION OF THE ORGANIZATION. THROUGH THIS RELATIONSHIP WITH MELLCOM, INC., THE ORGANIZATION HAS A DIRECT LINK TO HIGH QUALITY ART DIRECTORS, GRAPHIC ARTISTS, JOURNALISTS, EDITORS, PHOTOGRAPHERS AND AWARD SHOW PRODUCERS.</TransactionDesc>
        <SharingOfRevenuesInd>0</SharingOfRevenuesInd>
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        <ContributionCnt>7</ContributionCnt>
        <NoncashContributionsRptF990Amt>74803</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>COMPARABLE COSTS</MethodOfDeterminingRevenuesTxt>
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      <OtherNonCashContriTableGrp>
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        <ContributionCnt>2</ContributionCnt>
        <NoncashContributionsRptF990Amt>23500</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>COMPARABLE COSTS</MethodOfDeterminingRevenuesTxt>
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      <OtherNonCashContriTableGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <Desc>VOLUNTEER LABOR AND PARTICIPATION</Desc>
        <ContributionCnt>4</ContributionCnt>
        <NoncashContributionsRptF990Amt>3300</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>COMPARABLE COSTS</MethodOfDeterminingRevenuesTxt>
      </OtherNonCashContriTableGrp>
      <AnyPropertyThatMustBeHeldInd>0</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>0</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>0</ThirdPartiesUsedInd>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>ANNA M. PARK, J.D. THE CHIEF EXECUTIVE OFFICER IS THE DAUGHTER OF RAYMOND MELLADO, THE BOARD CHAIR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 GOES THROUGH TWO REVIEW PROCESSES, ONCE BY THE AUDIT COMMITTEE THEN BY THE GOVERNING BODY. AT THE GOVERNING BODY MEETING THE BOARD VOTES TO APPROVE AS FINAL.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD THROUGH COMPARING LIKE-KIND NON-PROFIT ORGANIZATIONS AND REFERING TO THE "COMPENSATION IN NON-PROFIT ORGANIZATIONS IN CALIFORNIA" MANUAL AND THE GUIDESTAR NATIONAL COMPENSATION REPORT AS WELL.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE INFORMATION IS MADE AVAILABLE ON AN INDEPENDENT THIRD PARTY WEBSITE AVAILABLE TO THE PUBLIC.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
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</Return>