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        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
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          <BusinessNameLine1Txt>PACUNAM (FOUNDATION FOR CULTURAL AND NATURAL MAYA PATRIMONY)</BusinessNameLine1Txt>
        </BusinessName>
        <ForeignAddress>
          <AddressLine1Txt>7 AVENIDA 7-33 ZONA 9 EDIF</AddressLine1Txt>
          <AddressLine2Txt>CORPORACION DE OCCIDE</AddressLine2Txt>
          <CityNm>NIVEL</CityNm>
          <CountryCd>GT</CountryCd>
        </ForeignAddress>
        <GrantDt>2021-12-31</GrantDt>
        <GrantAmt>900000</GrantAmt>
        <PurposeOfGrantTxt>TO DIRECTLY SUPPORT THE ACTIVITIES OF PACUNAM TO HELP SAVE AND CONSERVE GUATEMALA'S CULTURAL AND NATURAL HERITAGE FOR THE BENEFIT OF FUTURE GENERATIONS. THEIR MAIN FOCUS IS TO SAVE AND PRESERVE THE MAYA BIOSPHERE RESERVE.TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN ACTIVITY FOR WHICH THE GRANT WAS ORIGINALLY MADE.</PurposeOfGrantTxt>
        <AnyDiversionByGranteeTxt>NONE</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>DECEMBER 2021</DatesOfReportsByGranteeTxt>
        <ResultsOfVerificationTxt>THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>WAKA RESEARCH FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>727 N 1ST STREET STE 400</AddressLine1Txt>
          <CityNm>ST LOUIS</CityNm>
          <StateAbbreviationCd>MO</StateAbbreviationCd>
          <ZIPCd>63102</ZIPCd>
        </USAddress>
        <GrantDt>2022-09-09</GrantDt>
        <GrantAmt>26000</GrantAmt>
        <PurposeOfGrantTxt>TO DIRECTLY SUPPORT THE ACTIVITIES OF THE WAKA RESEARCH FOUNDATION TO HELP CONDUCT ARCHAEOLOGICAL RESEARCH, PROTECTION OF THE NATURAL AREA, AND RELATIONS WITH THE Q'EQCHI COMMUNITY OF THE SITES OF EL TINTAL AND EL PERU-WAKA', BOTH LOCATED IN NORTHWESTERN PETEN, GUATEMALA.TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN ACTIVITY FOR WHICH THE GRANT WAS ORIGINALLY MADE.</PurposeOfGrantTxt>
        <AnyDiversionByGranteeTxt>NONE</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>DECEMBER 2022</DatesOfReportsByGranteeTxt>
        <ResultsOfVerificationTxt>THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>WAKA RESEARCH FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>727 N 1ST STREET STE 400</AddressLine1Txt>
          <CityNm>ST LOUIS</CityNm>
          <StateAbbreviationCd>MO</StateAbbreviationCd>
          <ZIPCd>63102</ZIPCd>
        </USAddress>
        <GrantDt>2022-12-19</GrantDt>
        <GrantAmt>70000</GrantAmt>
        <PurposeOfGrantTxt>TO DIRECTLY SUPPORT THE ACTIVITIES OF THE WAKA RESEARCH FOUNDATION TO HELP CONDUCT ARCHAEOLOGICAL RESEARCH, PROTECTION OF THE NATURAL AREA, AND RELATIONS WITH THE Q'EQCHI COMMUNITY OF THE SITES OF EL TINTAL AND EL PERU-WAKA', BOTH LOCATED IN NORTHWESTERN PETEN, GUATEMALA.TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN ACTIVITY FOR WHICH THE GRANT WAS ORIGINALLY MADE.</PurposeOfGrantTxt>
        <AnyDiversionByGranteeTxt>NONE</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>DECEMBER 2022</DatesOfReportsByGranteeTxt>
        <ResultsOfVerificationTxt>THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
    </ExpenditureResponsibilityStmt>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FIDELITY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>45451916</BookValueAmt>
        <EOYFMVAmt>47814262</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN CLYDE FINANCE</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>200000</BookValueAmt>
        <EOYFMVAmt>200000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN ENERGY MATERIALS CORPORATION</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>225000</BookValueAmt>
        <EOYFMVAmt>225000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN FRANKLIN TEMPLETON REAL ESTATE FUND IIIB</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>638212</BookValueAmt>
        <EOYFMVAmt>487990</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN GERENUK HOLDINGS LLC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1008448</BookValueAmt>
        <EOYFMVAmt>1005482</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN LEGACY VENTURE V</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>263885</BookValueAmt>
        <EOYFMVAmt>356443</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN METROPOLITAN REAL ESTATE PARTNERS GLOBAL V, LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>116940</BookValueAmt>
        <EOYFMVAmt>116414</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN METROPOLITAN REAL ESTATE PARTNERS GLOBAL VII, LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>315095</BookValueAmt>
        <EOYFMVAmt>233474</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN NORTHGATE PRIVATE EQUITY PARTNERS III-B3</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>125716</BookValueAmt>
        <EOYFMVAmt>76790</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN NORTHGATE V-B, LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>558006</BookValueAmt>
        <EOYFMVAmt>354090</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN NORTHGATE VENTURE PARTNERS III</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>124554</BookValueAmt>
        <EOYFMVAmt>107449</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN NORTHGATE VENTURE PARTNERS VII</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>199351</BookValueAmt>
        <EOYFMVAmt>569441</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN NORTHGATE VI-B VC, LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>455206</BookValueAmt>
        <EOYFMVAmt>1336737</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN STRATEGIC PARTNERS FUND VII LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>340328</BookValueAmt>
        <EOYFMVAmt>333117</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN STRATEGIC PARTNERS OFFSHORE FUND VIII LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>599427</BookValueAmt>
        <EOYFMVAmt>761684</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN TOWNSEND BALANCED REAL ESTATE FUND LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>4345692</BookValueAmt>
        <EOYFMVAmt>5986480</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN TOWNSEND REAL ESTATE ALPHA FUND I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>96665</BookValueAmt>
        <EOYFMVAmt>19090</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN TOWNSEND REAL ESTATE ALPHA FUND II</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>416364</BookValueAmt>
        <EOYFMVAmt>276098</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN YORK MULTI-STRATEGY FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>176530</BookValueAmt>
        <EOYFMVAmt>25117</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN NATIVE CREATIVE PODCAST</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1500000</BookValueAmt>
        <EOYFMVAmt>1500000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN PAPEF IX</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>814885</BookValueAmt>
        <EOYFMVAmt>750593</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN STRATEGIC PARTNERS OFFSHORE FUND IX LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>569610</BookValueAmt>
        <EOYFMVAmt>739082</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN SCULPTOR OVERSEAS FUND II</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>3500000</BookValueAmt>
        <EOYFMVAmt>3537782</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN MOLECULE OFFSHORE</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>2800000</BookValueAmt>
        <EOYFMVAmt>4179268</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN H BARTON VENTURE SELECT V, LLC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>34725</BookValueAmt>
        <EOYFMVAmt>38192</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN ENTRUST</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1582</BookValueAmt>
        <EOYFMVAmt>1582</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssetsScheduleGrp>
        <Desc>AADMI CONSULTING REFUNDABLE PAYROLL DEPOSIT</Desc>
        <BOYBookValueAmt>20318</BOYBookValueAmt>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>OREGON SHAKESPEARE FESTIVAL BRIDGE LOAN</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>1000000</EOYBookValueAmt>
        <EOYFMVAmt>1000000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreasesDetail>
        <Desc>OTHER INCREASE/DECREASE</Desc>
        <Amt>1045557</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>OTHER DEDUCTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>2518</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1655</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NON-DEDUCTIBLE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>902</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO DEDUCTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>151042</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>151042</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CHARITABLE CONTRIBUTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>241</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>241</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>3359</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3359</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PAYROLL PROCESSING FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>7331</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>733</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>6598</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>2045</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>HEALTH BENEFITS</Desc>
        <RevenueAndExpensesPerBooksAmt>94738</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>LEGACY VENTURE V (QP), LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>723</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>723</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>723</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>NORTHGATE VENTURE PARTNERS III (Q), L.P.</Desc>
        <RevenueAndExpensesPerBooksAmt>1388</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1388</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1388</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>NORTHGATE VENTURE PARTNERS VII LP</Desc>
        <RevenueAndExpensesPerBooksAmt>4854</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4717</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>4854</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>NORTHGATE PRIVATE EQUITY PARTNERS III B-3, L.P.</Desc>
        <RevenueAndExpensesPerBooksAmt>204</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>219</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>204</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>NORTHGATE V-B, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>2447</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4148</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2447</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>METROPOLITAN REAL ESTATE PARTNERS GLOBAL V, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>556</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-667</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>556</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>TOWNSEND REAL ESTATE ALPHA FUND I, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>-721</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1434</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-721</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>TOWNSEND REAL ESTATE ALPHA FUND II, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>12254</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>12254</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>12254</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>METROPOLITAN REAL ESTATE PARTNERS GLOBAL VII, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>-4156</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-646</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-4156</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>NORTHGATE VI-B VC, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>173</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>173</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>173</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>STRATEGIC PARTNERS FUND VII LP</Desc>
        <RevenueAndExpensesPerBooksAmt>5067</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>488</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>5067</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>TOWNSEND BALANCED REAL ESTATE FUND LP</Desc>
        <RevenueAndExpensesPerBooksAmt>-1233</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>14156</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-1233</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>FRANKLIN TEMPLETON PRIVATE REAL ESTATE FUND</Desc>
        <RevenueAndExpensesPerBooksAmt>10397</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>22472</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>10397</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>CORIENT PRIVATE ACCESS, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>450</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>450</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>H BARTON VENTURE SELECT V, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>24</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>24</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>24</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MISCELLANEOUS INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>505</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>505</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>505</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT ADVISORY FEES</CategoryTxt>
        <Amt>153704</Amt>
        <NetInvestmentIncomeAmt>153704</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <SubstantialContributorsSch documentId="RetDoc2089200001">
      <SubstantialContributorDetail>
        <PersonNm>DAVID HITZ</PersonNm>
        <USAddress>
          <AddressLine1Txt>1801 PAGE MILL ROAD</AddressLine1Txt>
          <CityNm>PALO ALTO</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>94304</ZIPCd>
        </USAddress>
      </SubstantialContributorDetail>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FEDERAL &amp; STATE TAXES</CategoryTxt>
        <Amt>411</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES - K-1</CategoryTxt>
        <Amt>4044</Amt>
        <NetInvestmentIncomeAmt>3988</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>EMPLOYER PAYROLL TAX</CategoryTxt>
        <Amt>72672</Amt>
        <NetInvestmentIncomeAmt>7267</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>65404</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES - FIDELITY</CategoryTxt>
        <Amt>24068</Amt>
        <NetInvestmentIncomeAmt>24068</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>