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        <CityNm>Saratoga Springs</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>128660860</ZIPCd>
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    <PreparerPersonGrp>
      <PreparerPersonNm>Elizabeth VanTassel</PreparerPersonNm>
      <PTIN>P01080611</PTIN>
      <PhoneNum>5188864000</PhoneNum>
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    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
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        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
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        <OfficerDirTrstKeyEmplGrp>
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            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>128660860</ZIPCd>
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        <OfficerDirTrstKeyEmplGrp>
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        <Description2Txt>UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).</Description2Txt>
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        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>1960382</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>14443496</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>823983</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>2117646</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>2869824</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>3910916</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>4721127</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <ContributingManagerNm>RICHARD T SANTULLI</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>various - see attachment</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>various</AddressLine1Txt>
            <CityNm>various</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12866</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general charitable purposes</GrantOrContributionPurposeTxt>
          <Amt>5742933</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>5742933</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>529471</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>-376809</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>152662</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>152662</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>N/A</LineNumberTxt>
          <RelationshipStatementTxt>NOT APPLICABLE</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <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>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>Margaret Richard Santulli</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>c/o The Ayco Company - PO Box 860</AddressLine1Txt>
          <CityNm>Saratoga Springs</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>128660860</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>61500</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>THE AYCO COMPANY, LP</CategoryTxt>
        <Amt>43456</Amt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <AllOthProgRltdInvestmentsSch documentId="AllOthProgInvSch">
      <AllOtherProgramRelatedInvstGrp>
        <Desc>NONE</Desc>
      </AllOtherProgramRelatedInvstGrp>
    </AllOthProgRltdInvestmentsSch>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>INVEST UBS #421</StockNm>
        <EOYBookValueAmt>10498700</EOYBookValueAmt>
        <EOYFMVAmt>14664389</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INVEST UBS #422</StockNm>
        <EOYBookValueAmt>2649074</EOYBookValueAmt>
        <EOYFMVAmt>2791356</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>K-1 NUSTAR ENERGY, LP</StockNm>
        <EOYBookValueAmt>500000</EOYBookValueAmt>
        <EOYFMVAmt>537000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherAssetsSchedule documentId="OtherAssetsSch">
      <OtherAssetsScheduleGrp>
        <Desc>DIVIDEND RECEIVABLE</Desc>
        <BOYBookValueAmt>85</BOYBookValueAmt>
        <EOYBookValueAmt>207</EOYBookValueAmt>
        <EOYFMVAmt>207</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>INTEREST RECEIVABLE</Desc>
        <BOYBookValueAmt>3</BOYBookValueAmt>
        <EOYBookValueAmt>3</EOYBookValueAmt>
        <EOYFMVAmt>3</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>3350</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabSch">
      <OtherLiabilitiesDetail>
        <Desc>UBS #421 - CREDIT BALANCE</Desc>
        <EOYBookValueAmt>6000092</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT FEES</CategoryTxt>
        <Amt>59057</Amt>
        <NetInvestmentIncomeAmt>59057</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES PAID</CategoryTxt>
        <Amt>12450</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>