﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2016v3.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2017-11-16T12:48:16-06:00</ReturnTs>
    <TaxPeriodEndDt>2016-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>813495742</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>GARCIA &amp; CARLSON CPA PA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>999 VANDERBILT BEACH RD STE 511</AddressLine1Txt>
        <CityNm>NAPLES</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>341083507</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2016-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>020552091</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>EATON FAMILY FOUNDATION</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>C/O CHRISTOPHER EATON</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>EATO</BusinessNameControlTxt>
      <PhoneNum>4142701560</PhoneNum>
      <USAddress>
        <AddressLine1Txt>10607 N PINE RIDGE DR</AddressLine1Txt>
        <CityNm>MEQUON</CityNm>
        <StateAbbreviationCd>WI</StateAbbreviationCd>
        <ZIPCd>53092</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>CHRISTOPHER K EATON</PersonNm>
      <PersonTitleTxt>DIRECTOR/PRESIDENT</PersonTitleTxt>
      <PhoneNum>4142701560</PhoneNum>
      <SignatureDt>2017-11-09</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>EVELYN GARCIA</PreparerPersonNm>
      <PTIN>P00377220</PTIN>
      <PhoneNum>2393255200</PhoneNum>
      <PreparationDt>2017-11-09</PreparationDt>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <AtSubmissionCreationDeviceId>7F6566B84D79D6CA44EC4D05B5CF094878D71A4D</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>8AE7A7985622D0299A6D121F26C0752C747F2B2F</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2016</TaxYr>
    <BuildTS>2017-02-10 21:41:12Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="5">
    <IRS990PF documentId="RetDoc1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>3812844</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>1957</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>1957</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>67574</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>67547</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>331220</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>2211812</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>331220</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>400751</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>400724</TotalNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc6">2251</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>1818</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc5">28331</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>28331</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>30582</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>30149</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>125000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>125000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>155582</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>30149</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>125000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>245169</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>370575</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>156038</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>194570</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>194570</SavAndTempCashInvstEOYFMVAmt>
        <OtherInvestmentsBOYAmt>3077606</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc3">3281589</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>3618274</OtherInvestmentsEOYFMVAmt>
        <OtherAssetsEOYAmt referenceDocumentId="RetDoc4">453</OtherAssetsEOYAmt>
        <TotalAssetsBOYAmt>3233644</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>3476612</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>3812844</TotalAssetsEOYFMVAmt>
        <AccountsPayableBOYAmt>2201</AccountsPayableBOYAmt>
        <TotalLiabilitiesBOYAmt>2201</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <RetainedEarningBOYAmt>3231443</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>3476612</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>3231443</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>3476612</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>3233644</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>3476612</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>3231443</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>245169</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>3476612</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>3476612</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MERRILL LYNCH 04052 - SEE DETAIL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-01-01</AcquiredDt>
          <SoldDt>2016-12-31</SoldDt>
          <GrossSalesPriceAmt>370862</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>351548</CostOrOtherBasisAmt>
          <GainOrLossAmt>19314</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>19314</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MERRILL LYNCH 04052 - SEE DETAIL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2016-12-31</SoldDt>
          <GrossSalesPriceAmt>897637</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>845671</CostOrOtherBasisAmt>
          <GainOrLossAmt>51966</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>51966</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MERRILL LYNCH 04052 - SEE DETAIL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2010-01-01</AcquiredDt>
          <SoldDt>2016-12-31</SoldDt>
          <GrossSalesPriceAmt>907412</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>683373</CostOrOtherBasisAmt>
          <GainOrLossAmt>224039</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>224039</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MERRILL LYNCH 04052 - SEE DETAIL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-12-17</AcquiredDt>
          <SoldDt>2016-08-22</SoldDt>
          <GrossSalesPriceAmt>14989</GrossSalesPriceAmt>
          <GainOrLossAmt>14989</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>14989</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>331220</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>19314</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>206939</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>3844347</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.053829</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>62000</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>3965199</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.015636</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>145519</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>2446010</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.059492</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>20000</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>1908800</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.010478</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>15700</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>1636936</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.009591</DistributionYr5Rt>
        <TotalDistributionRt>0.149026</TotalDistributionRt>
        <AverageDistributionRt>0.029805</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>3701664</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>110328</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>3706</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>114034</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>125000</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>3706</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>3706</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>3706</TaxBasedOnInvestmentIncomeAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc2">X</Form2220AttachedInd>
        <EsPenaltyAmt>14</EsPenaltyAmt>
        <TaxDueAmt>3720</TaxDueAmt>
      </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>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>CHRISTOPHER K EATON</IndividualWithBooksNm>
        <PhoneNum>4142701560</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>10607 N PINE RIDGE DR</AddressLine1Txt>
          <CityNm>MEQUON</CityNm>
          <StateAbbreviationCd>WI</StateAbbreviationCd>
          <ZIPCd>53092</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>
        <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>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CHRISTOPHER K EATON</PersonNm>
          <USAddress>
            <AddressLine1Txt>10607 N PINE RIDGE DR</AddressLine1Txt>
            <CityNm>MEQUON</CityNm>
            <StateAbbreviationCd>WI</StateAbbreviationCd>
            <ZIPCd>53092</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR/PRE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>COLLEEN S EATON</PersonNm>
          <USAddress>
            <AddressLine1Txt>10607 N PINE RIDGE DR</AddressLine1Txt>
            <CityNm>MEQUON</CityNm>
            <StateAbbreviationCd>WI</StateAbbreviationCd>
            <ZIPCd>53092</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY/TR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MICHAEL B EATON</PersonNm>
          <USAddress>
            <AddressLine1Txt>1915 NE 117TH ROAD</AddressLine1Txt>
            <CityNm>NORTH MIAMI</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33181</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>3589217</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>168818</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>3758035</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>3758035</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>56371</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>3701664</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>185083</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>185083</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>3706</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>3706</TotalTaxAmt>
        <DistributableBeforeAdjAmt>181377</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>181377</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>181377</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>125000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>125000</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>3706</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>121294</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>181377</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>94681</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>125000</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>94681</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>30319</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>151058</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>KENYON COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>224 N ACLAND ST</AddressLine1Txt>
            <CityNm>GAMBIER</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>43022</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ACE PROGRAMS FOR THE HOMELESS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>598 BROADWAY 7TH FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10012</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CONSERVANCY OF SWFL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1495 SMITH PRESERVE WAY</AddressLine1Txt>
            <CityNm>NAPLES</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>34102</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONSERVATION</GrantOrContributionPurposeTxt>
          <Amt>60000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SPECIAL OPERATIONS FUND</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>901 N STUART ST</AddressLine1Txt>
            <AddressLine2Txt>SUITE 200</AddressLine2Txt>
            <CityNm>ARLINGTON</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22203</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS, AWARDS, EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>125000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1957</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>67574</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>331220</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>400751</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>400751</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <InvestmentsOtherSchedule2 documentId="RetDoc3">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MERRILL LYNCH 6PW-04054 &amp; 6PW-04052</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>3281589</BookValueAmt>
        <EOYFMVAmt>3618274</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc4">
      <OtherAssetsScheduleGrp>
        <Desc>OTHER RECEIVABLES</Desc>
        <EOYBookValueAmt>453</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc5">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>26717</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>26717</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ACCOUNT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>65</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>65</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ACCRUED INTEREST PAID</Desc>
        <RevenueAndExpensesPerBooksAmt>1549</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1549</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="RetDoc6">
      <TaxesDetail>
        <CategoryTxt>FEDERAL INCOME TAX</CategoryTxt>
        <Amt>233</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>1818</Amt>
        <NetInvestmentIncomeAmt>1818</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>OTHER TAXES</CategoryTxt>
        <Amt>200</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>