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        <GrantOrContributionPdDurYrGrp>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
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      <InvestmentsCorporateStockGrp>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MSD ENERGY INVESTMENTS L.P.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>224220</BookValueAmt>
        <EOYFMVAmt>3071</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MSD GEO PARTNERS, L.P.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>2501680</BookValueAmt>
        <EOYFMVAmt>3823804</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MSD PRIVATE CREDIT OPPORTUNITY FUND L.P.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1813752</BookValueAmt>
        <EOYFMVAmt>1271500</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MSD REAL ESTATE CREDIT OPPORTUNITY FUND LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>2576683</BookValueAmt>
        <EOYFMVAmt>2421637</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MSD SPARROWHAWK L.P.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>160464</BookValueAmt>
        <EOYFMVAmt>194524</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MSD SPECIAL INVESTMENTS FUND (CAYMAN) LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>215986</BookValueAmt>
        <EOYFMVAmt>881650</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PARALLAXES CAPITAL OPPORTUNITY FUND IV LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>548803</BookValueAmt>
        <EOYFMVAmt>803314</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VALENCE8 DIRECTIONAL (OFFSHORE) LTD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>15000000</BookValueAmt>
        <EOYFMVAmt>17486367</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VALENCE8 DIVERSIFIED (OFFSHORE) LTD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>15000000</BookValueAmt>
        <EOYFMVAmt>16743883</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VALENCE8 PE 2022 (OFFSHORE) LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1190276</BookValueAmt>
        <EOYFMVAmt>1579647</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VALENCE8 PE 2023 CAYMAN FUND LP INV</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>939649</BookValueAmt>
        <EOYFMVAmt>1194329</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MSD PRIVATE CREDIT OPPORTUNITY FUND (CAYMAN), 2 LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>3318819</BookValueAmt>
        <EOYFMVAmt>3663162</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VALENCE8 PE 2024 CAYMAN FUND LP INV</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>200000</BookValueAmt>
        <EOYFMVAmt>191511</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>985</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
      <LegalFeesGrp>
        <CategoryTxt>PROFESSIONAL FEES</CategoryTxt>
        <LegalFeesAmt>17500</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreasesDetail>
        <Desc>DIFFERENCES BETWEEN FMV OF DONATED STOCK AND TAX COST BASIS</Desc>
        <Amt>12969636</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>GRANTMAKING SERVICE FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>150000</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>150000</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>JNE FUND, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>255924</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>255924</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>255924</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MSD CREDIT OPPORTUNITY FUND, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>246971</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>247037</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>246971</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MSD PRIVATE CREDIT OPPORTUNITY FUND (CAYMAN), 2 LP</Desc>
        <RevenueAndExpensesPerBooksAmt>113275</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>113275</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>113275</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MSD SPARROWHAWK, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>3409</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3409</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>3409</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MSD ENERGY INVESTMENT LP</Desc>
        <RevenueAndExpensesPerBooksAmt>-57</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-57</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-57</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>CORAL ROCK INVESTMENTS LP</Desc>
        <RevenueAndExpensesPerBooksAmt>7507</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>7507</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>7507</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MSD AQUA PARTNERS LP</Desc>
        <RevenueAndExpensesPerBooksAmt>-5829</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-5829</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-5829</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MSD PCOF LP</Desc>
        <RevenueAndExpensesPerBooksAmt>248884</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>248884</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>248884</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MSD PCOF 2 LP</Desc>
        <RevenueAndExpensesPerBooksAmt>158655</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>158655</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>158655</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MSD REAL ESTATE CREDIT OPPORTUNITY FUND LP</Desc>
        <RevenueAndExpensesPerBooksAmt>246486</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>246486</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>246486</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MSD RING PARTNERS, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>7638</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>8973</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>7638</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MSD GEO PARTNERS, LP</Desc>
        <RevenueAndExpensesPerBooksAmt>-1367</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-1367</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-1367</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>PARALLAXES CAPITAL OPPORTUNITY FUND IV, L.P.</Desc>
        <RevenueAndExpensesPerBooksAmt>-11738</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-11738</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-11738</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>UBTI FROM PARTNERSHIPS</Desc>
        <RevenueAndExpensesPerBooksAmt>268220</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>268220</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="RetDoc2049700001">
      <OtherIncreasesDetail>
        <Desc>BEGINNING OF YEAR VALUATION DIFFERENCES</Desc>
        <Amt>337143</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilitiesDetail>
        <Desc>DUE TO MSD RING PARTNERS, LP</Desc>
        <BOYBookValueAmt>389045</BOYBookValueAmt>
        <EOYBookValueAmt>162608</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAX</CategoryTxt>
        <Amt>31000</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>9288</Amt>
        <NetInvestmentIncomeAmt>9288</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>