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        <Description2Txt>HOMELAND SECURITY- THE LEADERSHIP PROGRAM FOR HLS EXECUTIVES IS FOCUSED ON ENHANCING COMPANY'S ABILITY TO OPERATE IN THE UNITED STATES AND TO SUCCEED IN THE GLOBAL MARKETPLACE. THE PROGRAM IS TARGETED TOWARDS ISRAELI STARTUP COMPANIES' HLS-RELATED INDUSTRIES INCLUDING TRAFFIC AND ARMS CONTROL, BORDER SECURITY, PERSONAL SAFETY, CYBER PROTECTION, LAW ENFORCEMENT OFFICERS TRAINING EQUIPMENT, AIR AND ENVIRONMENT SAFETY AND CONTROL, COMMAND AND CONTROL SYSTEMS, SURVEILLANCE SYSTEMS, PROTECTIVE EQUIPMENT, MILITARY ELECTRONICS, ANTI-TERROR SYSTEMS, NON-LETHAL WEAPONS FIRE CONTROL, ENERGY STORAGE SYSTEMS RANGE FINDERS AND OPTICAL EQUIPMENT.</Description2Txt>
        <Expenses2Amt>167866</Expenses2Amt>
        <Description3Txt>MEDICAL DEVICES- THE LEADERSHIP PROGRAM FOR LIFE SCIENCES EXECUTIVES IS FOCUSED ON ENHANCING A COMPANY'S ABILITY TO OPERATE IN THE UNITED STATES AND TO SUCCEED IN THE GLOBAL MARKETPLACE. THE PROGRAM IS TARGETED TOWARDS ISRAELI STARTUP COMPANIES FROM LIFE SCIENCES-RELATED INDUSTRIES.</Description3Txt>
        <Expenses3Amt>163498</Expenses3Amt>
        <Description4Txt>ENTREPRENEURS' COMPETITION 45+ - THE COMPETITION IS INTENDED TO ENCOURAGE AND SUPPORT ENTREPRENEURS OVER THE AGE OF 45 TO DEVELOP UNIQUE IDEAS/PROJECTS/VENTURES/TECHNOLOGIES INTO THE PROMISING SUCCESSFUL BUSINESS.</Description4Txt>
        <Expenses4Amt>232241</Expenses4Amt>
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        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>2909305</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>65047</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
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        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
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        <CashDeemedCharitableAmt>44615</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2929737</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>146487</MinimumInvestmentReturnAmt>
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      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
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        <ExpensesAndContributionsAmt>3207063</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>3207063</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>1546</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>3205517</AdjustedQualifyingDistriAmt>
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      <PrivateOperatingFoundationsGrp>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
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          <Year1Amt>5309</Year1Amt>
          <Year2Amt>3461</Year2Amt>
          <Year3Amt>772</Year3Amt>
          <TotalAmt>9542</TotalAmt>
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        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>0</CurrentYearAmt>
          <Year1Amt>4513</Year1Amt>
          <Year2Amt>2942</Year2Amt>
          <Year3Amt>656</Year3Amt>
          <TotalAmt>8111</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>3207063</CurrentYearAmt>
          <Year1Amt>1502000</Year1Amt>
          <Year2Amt>312207</Year2Amt>
          <Year3Amt>312207</Year3Amt>
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        </QualifyingDistributionsGrp>
        <QualifyingDistriNotUsedDrtGrp>
          <CurrentYearAmt>1553700</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>0</Year2Amt>
          <Year3Amt>0</Year3Amt>
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        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>1653363</CurrentYearAmt>
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          <Year2Amt>312207</Year2Amt>
          <Year3Amt>312207</Year3Amt>
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        <TwoThirdsMinimumInvstRetGrp>
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          <TotalAmt>0</TotalAmt>
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        <ContributingManagerNm>PAUL MERAGE</ContributingManagerNm>
        <ContributingManagerNm>ELISABETH MERAGE</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHABAD AT UCI</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>12 OXFORD</AddressLine1Txt>
            <CityNm>IRVINE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92612</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATIONS</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ISRAELI AMERICAN COUNCIL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5900 CANOGA AVE 390</AddressLine1Txt>
            <CityNm>CANOGA PARK</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91367</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATIONS</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ORANGE COUNTY COMMUNITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4041 MACARTHUR BLVD STE 510</AddressLine1Txt>
            <CityNm>NEWPORT BEACH</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92660</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SELF-DIRECTED GENERAL OPERATIONS</GrantOrContributionPurposeTxt>
          <Amt>1400000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE MAYO CLINIC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>200 FIRST ST SW</AddressLine1Txt>
            <CityNm>ROCHESTER</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55905</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATIONS</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TILLY'S LIFE CENTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>10 WHATNEY</AddressLine1Txt>
            <CityNm>IRVINE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92618</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATIONS</GrantOrContributionPurposeTxt>
          <Amt>2100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1553700</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
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      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>346</ExclusionAmt>
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        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>158042</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>158388</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
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      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
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      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>PAUL &amp; ELISABETH MERAGE FAMILY FOUNDATION</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>660 NEWPORT CENTER DR 1300</AddressLine1Txt>
          <CityNm>NEWPORT BEACH</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>92660</ZIPCd>
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        <TotalContributionsAmt>540000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>ANDRE &amp; KATHERINE MERAGE FOUNDATION</BusinessNameLine1Txt>
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        <ContributorUSAddress>
          <AddressLine1Txt>660 NEWPORT CENTER DR 1300</AddressLine1Txt>
          <CityNm>NEWPORT BEACH</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>92660</ZIPCd>
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        <TotalContributionsAmt>2040000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
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        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>13136</DisbursementsCharitablePrpsAmt>
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    </AccountingFeesSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>OTHER INVESTMENTS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>2948559</EOYFMVAmt>
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        <CategoryTxt>LEGAL FEES</CategoryTxt>
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        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1757</DisbursementsCharitablePrpsAmt>
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      <OtherDecreasesDetail>
        <Desc>PRIOR PERIOD ADJUSTMENT</Desc>
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        <AdjustedNetIncomeAmt>3549</AdjustedNetIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>DOVER III - INVESTMENT MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>212</RevenueAndExpensesPerBooksAmt>
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        <AdjustedNetIncomeAmt>212</AdjustedNetIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>DUES &amp; SUBSCRIPTIONS</Desc>
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        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
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        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>17617</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>OFFICE AND OTHER EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>10265</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>10265</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>PROGRAM EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>902419</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>946941</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>TECHNOLOGY AND COMMUNICATIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>39698</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>39698</DisbursementsCharitablePrpsAmt>
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    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>PROFESSIONAL FEE</CategoryTxt>
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        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>88637</DisbursementsCharitablePrpsAmt>
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    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>TAXES</CategoryTxt>
        <Amt>585</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>35</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>