﻿<?xml version="1.0" encoding="utf-8"?>
<Return returnVersion="2015v3.0" xsi:schemaLocation="http://www.irs.gov/efile" xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2017-02-14T04:55:10-08:00</ReturnTs>
    <TaxPeriodEndDt>2016-09-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>J L Hofmann &amp; Associates PA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>420 S Dixie Hwy Ste 4B</AddressLine1Txt>
        <CityNm>Coral Gables</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>33146</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2015-10-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>592477459</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Cobb Family Foundation Inc</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>COBB</BusinessNameControlTxt>
      <PhoneNum>3054411700</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO Box 14-4200</AddressLine1Txt>
        <CityNm>Coral Gables</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>331144200</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>CHARLES E COBB JR</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>3054411700</PhoneNum>
      <SignatureDt>2017-02-10</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>JOHN L HOFMANN</PreparerPersonNm>
      <PhoneNum>3056660024</PhoneNum>
      <PreparationDt>2017-02-08</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2015</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="00000001" referenceDocumentId="00000006" referenceDocumentName="ReasonableCauseExplanation GeneralExplanationAttachment">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>25761804</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>562313</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>2078</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>2078</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>557823</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>557823</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt referenceDocumentId="00000005" referenceDocumentName="GainLossFromSaleOtherAssetsSchedule">43574</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1116477</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>605193</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>1165788</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>1165094</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>15000</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>15000</CompOfcrDirTrstDsbrsChrtblAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>28753</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsNetInvstIncmAmt>7207</OthEmplSlrsWgsNetInvstIncmAmt>
        <OthEmplSlrsWgsDsbrsChrtblAmt>21546</OthEmplSlrsWgsDsbrsChrtblAmt>
        <PensionEmplBnftRevAndExpnssAmt>3399</PensionEmplBnftRevAndExpnssAmt>
        <PensionEmplBnftNetInvstIncmAmt>1047</PensionEmplBnftNetInvstIncmAmt>
        <PensionEmplBnftDsbrsChrtblAmt>2352</PensionEmplBnftDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="00000004" referenceDocumentName="AccountingFeesSchedule">5250</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>5250</AccountingFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="00000011" referenceDocumentName="TaxesSchedule">42145</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>2921</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>1877</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="00000010" referenceDocumentName="AmortizationSchedule OtherExpensesSchedule">406</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>356</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>50</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>94953</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>16781</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>40825</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>1265103</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>1265103</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>1360056</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>16781</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>1305928</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-194268</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>1148313</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>89926</CashBOYAmt>
        <CashEOYAmt>16057</CashEOYAmt>
        <CashEOYFMVAmt>16057</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>1873793</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>1584246</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>1584246</SavAndTempCashInvstEOYFMVAmt>
        <USGovernmentObligationsBOYAmt>1973841</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt referenceDocumentId="00000009" referenceDocumentName="InvestmentsGovtObligationsSchedule">1994098</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>2421932</USGovtObligationsEOYFMVAmt>
        <CorporateStockBOYAmt>9748277</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="00000008" referenceDocumentName="InvestmentsCorpStockSchedule">9665391</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>20587045</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>923720</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="00000007" referenceDocumentName="InvestmentsCorpBondsSchedule">1155497</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>1152524</CorporateBondsEOYFMVAmt>
        <TotalAssetsBOYAmt>14609557</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>14415289</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>25761804</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <RetainedEarningBOYAmt>14609557</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>14415289</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>14609557</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>14415289</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>14609557</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>14415289</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>14609557</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-194268</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>14415289</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>14415289</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>publicly traded securities</PropertyDesc>
          <GrossSalesPriceAmt>1116477</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>511284</CostOrOtherBasisAmt>
          <GainOrLossAmt>605193</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
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          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>605193</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>605193</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>1157235</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>26391628</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.043849</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>1015631</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>23887179</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.042518</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>872176</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>20463185</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.042622</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>805685</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>17616638</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.045734</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>717067</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>17001009</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.042178</DistributionYr5Rt>
        <TotalDistributionRt>0.216901</TotalDistributionRt>
        <AverageDistributionRt>0.043380</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>25975105</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>1126800</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>11483</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>1138283</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>1305928</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>11483</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>11483</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>11483</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>13300</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>13300</TotalPaymentsAndCreditsAmt>
        <OriginalReturnOverpaymentAmt>-13300</OriginalReturnOverpaymentAmt>
        <Form2220AttachedInd referenceDocumentId="00000003" referenceDocumentName="IRS2220">X</Form2220AttachedInd>
        <EsPenaltyAmt>13</EsPenaltyAmt>
        <OverpaymentAmt>1804</OverpaymentAmt>
        <AppliedToESTaxAmt>1804</AppliedToESTaxAmt>
      </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>
        <OrgReportOrRegisterStateCd>FL</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>true</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>true</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>Cobb Partners LLC</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>3054411700</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>PO Box 14-4200</AddressLine1Txt>
          <CityNm>Coral Gables</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>331144200</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>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <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>
          <BusinessName>
            <BusinessNameLine1Txt>Charles E Cobb Jr</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>PO Box 14-4200</AddressLine1Txt>
            <CityNm>Coral Gables</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33114</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Sue M Cobb</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>PO Box 14-4200</AddressLine1Txt>
            <CityNm>Coral Gables</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33114</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Christian M Cobb</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>PO Box 14-4200</AddressLine1Txt>
            <CityNm>Coral Gables</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33114</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Tobin T Cobb</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>PO Box 14-4200</AddressLine1Txt>
            <CityNm>Coral Gables</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33114</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Kolleen O Cobb</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>PO Box 14-4200</AddressLine1Txt>
            <CityNm>Coral Gables</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33114</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Luisa S Cobb</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>PO Box 14-4200</AddressLine1Txt>
            <CityNm>Coral Gables</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33114</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>2500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>24753981</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>1616684</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>26370665</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>26370665</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>395560</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>25975105</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>1298755</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>1298755</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>11483</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>11483</TotalTaxAmt>
        <DistributableBeforeAdjAmt>1287272</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>1287272</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>1287272</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>1305928</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>1305928</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>11483</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>1294445</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>1287272</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>1271430</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>1305928</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>1271430</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>34498</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>1252774</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>CHARLES E COBB JR</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>COBB FAMILY FOUNDATION ADMINISTRATO</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 14-4200</AddressLine1Txt>
            <CityNm>Coral Gables</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>331144200</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>3054411700</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>SEE STATEMENT #1</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>SEE STATEMENT #1</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>see schedule</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>see schedule</AddressLine1Txt>
            <CityNm>see schedule</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33114</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>various</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>various</GrantOrContributionPurposeTxt>
          <Amt>1265103</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1265103</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Center Strategic &amp; Intl Studies</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1616 Rhode Island Ave N</AddressLine1Txt>
            <CityNm>Washington</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20036</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Chariable</GrantOrContributionPurposeTxt>
          <Amt>75000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>450 Serra Mall</AddressLine1Txt>
            <CityNm>Stanford</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94305</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>58000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>336 NW 5 Street</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33128</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>101 W Flagler ST</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33130</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>1314 Miller Drive</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33146</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>80000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>US Diplomacy Center 535</AddressLine1Txt>
            <CityNm>Washington</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20037</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 0734</AddressLine1Txt>
            <CityNm>Washington</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20073</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 600610</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75206</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>90000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>250 S 16 ST</AddressLine1Txt>
            <CityNm>Philadelphia</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19102</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>240000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CharitablePerpetual</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>620 Mtn Village Rd</AddressLine1Txt>
            <CityNm>Telluride</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>81435</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>4000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>3800 NW 22 AVE</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33142</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>1550 N Miami Ave</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33136</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>35000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>6425 Boaz Lane</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75205</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>6575 N Kendall Dr</AddressLine1Txt>
            <CityNm>Pinecrest</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33156</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>3250 Southwest 3rd Ave</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33129</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>3400 Devon Road</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33133</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>60000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 41839</AddressLine1Txt>
            <CityNm>Arlington</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22204</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>1521 NW 16th St</AddressLine1Txt>
            <CityNm>Washington</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20036</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 06836</AddressLine1Txt>
            <CityNm>Greenwich</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06836</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>770 Pacific Street</AddressLine1Txt>
            <CityNm>Stamford</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06902</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>33333</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>516 North Adams Street</AddressLine1Txt>
            <CityNm>Tallahassee</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32301</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>3250 SW 3rd Ave 6th Floor</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33129</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>1050 Lee Wagener Blvd</AddressLine1Txt>
            <CityNm>Fort Lauderdale</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33315</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>100 Maher Ave</AddressLine1Txt>
            <CityNm>Greenwich</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06830</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>60000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>12400 SW 152 ST</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33177</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>40 Presidential Drive</AddressLine1Txt>
            <CityNm>Simi Valley</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93065</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>37500</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>3429 Prutania St</AddressLine1Txt>
            <CityNm>New Orleans</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>3575 Main Hwy</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33133</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Education</GrantOrContributionPurposeTxt>
          <Amt>75000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 2737</AddressLine1Txt>
            <CityNm>Edwards</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>81632</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientUSAddress>
            <AddressLine1Txt>601 SW 8 Ave</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33130</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>8000</Amt>
        </GrantOrContriApprvForFutGrp>
        <TotalGrantOrContriApprvFutAmt>1209833</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2078</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>557823</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>43574</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>603475</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>603475</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>
    <IRS990ScheduleB documentId="00000002">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>CHARLES E COBB JR</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>PO Box 14-4200</AddressLine1Txt>
          <CityNm>Miami</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>331144200</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>562313</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>5000 SHARES WALT DISNEY CORPORATION @ 112.4626 PER SHARE</NoncashPropertyDesc>
        <FairMarketValueAmt>562313</FairMarketValueAmt>
        <ReceivedDt>2015-12-31</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="00000004">
      <AccountingFeesDetail>
        <CategoryTxt>JL Hofmann &amp; Associates,PA tax return preparation</CategoryTxt>
        <Amt>5250</Amt>
        <NetInvestmentIncomeAmt>5250</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="00000005">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>Northern Trust common stock</AssetDesc>
        <AcquiredDt>2011-09</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-06</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>PUBLICLY TRADED SECURITY</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>206603</GrossSalesPriceAmt>
        <BasisAmt>107769</BasisAmt>
        <BasisMethodTxt>FMV</BasisMethodTxt>
        <TotalNetAmt>98834</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>Swedbank common stock</AssetDesc>
        <AcquiredDt>2013-11</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-06</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>PUBLICLY TRADED SECURITY</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>19941</GrossSalesPriceAmt>
        <BasisAmt>25997</BasisAmt>
        <BasisMethodTxt>FMV</BasisMethodTxt>
        <TotalNetAmt>-6056</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>Wells Fargo common stock</AssetDesc>
        <AcquiredDt>2015-08</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-06</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>PUBLICLY TRADED SECURITY</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>46254</GrossSalesPriceAmt>
        <BasisAmt>56858</BasisAmt>
        <BasisMethodTxt>FMV</BasisMethodTxt>
        <TotalNetAmt>-10604</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>Franklin Resources</AssetDesc>
        <AcquiredDt>2003-09</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-06</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>PUBLICLY TRADED SECURITY</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>194921</GrossSalesPriceAmt>
        <BasisAmt>82020</BasisAmt>
        <BasisMethodTxt>FMV</BasisMethodTxt>
        <TotalNetAmt>112901</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>Citigroup common stock</AssetDesc>
        <AcquiredDt>2003-09</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-06</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>PUBLICLY TRADED SECURITY</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>8258</GrossSalesPriceAmt>
        <BasisAmt>88425</BasisAmt>
        <BasisMethodTxt>FMV</BasisMethodTxt>
        <TotalNetAmt>-80167</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>Teradata common stock</AssetDesc>
        <AcquiredDt>1993-12</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-06</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>PUBLICLY TRADED SECURITY</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>4919</GrossSalesPriceAmt>
        <BasisAmt>1615</BasisAmt>
        <BasisMethodTxt>FMV</BasisMethodTxt>
        <TotalNetAmt>3304</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>Mariott Int'l corporate bond</AssetDesc>
        <AcquiredDt>2009-01</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2015-11</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>PUBLICLY TRADED SECURITY</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>100000</GrossSalesPriceAmt>
        <BasisAmt>85380</BasisAmt>
        <BasisMethodTxt>FMV</BasisMethodTxt>
        <TotalNetAmt>14620</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>Xerox common stock</AssetDesc>
        <AcquiredDt>2000-06</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-07</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>PUBLICLY TRADED SECURITY</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>9627</GrossSalesPriceAmt>
        <BasisAmt>27565</BasisAmt>
        <BasisMethodTxt>FMV</BasisMethodTxt>
        <TotalNetAmt>-17938</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>Walt Disney common stock</AssetDesc>
        <AcquiredDt>2015-12</AcquiredDt>
        <HowAcquiredTxt>Donated</HowAcquiredTxt>
        <SoldDt>2016-08</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>PUBLICLY TRADED SECURITY</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>479090</GrossSalesPriceAmt>
        <BasisAmt>562313</BasisAmt>
        <BasisMethodTxt>FMV</BasisMethodTxt>
        <TotalNetAmt>-83223</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>International Paper corporate bond</AssetDesc>
        <AcquiredDt>2009-01</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-09</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>PUBLICLY TRADED SECURITY</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>46864</GrossSalesPriceAmt>
        <BasisAmt>34961</BasisAmt>
        <BasisMethodTxt>FMV</BasisMethodTxt>
        <TotalNetAmt>11903</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <GeneralExplanationAttachment documentId="00000006">
      <GeneralExplanationGrp>
        <FormAndLineReferenceDesc>Statement #1 - Form in which applications should be submitted</FormAndLineReferenceDesc>
        <MediumExplanationTxt>REQUESTS FOR CONTRIBUTIONS SHOULD INCLUDE A BRIEF HISTORY OF THE ORGANIZATION, A CURRENT LIST OF THE MEMBERS OF THE BOARD OF DIRECTORS AND SENIOR EXECUTIVES, THE CURRENT ANNUAL BUDGET, THE ENTITIES PERCENT OF MANAGEMENT/ADMINISTRATION COSTS TO DOLLARS DISTRIBUTED, THE PROPOSED USE OF REQUESTED FUNDS AND THE AMOUNT OF THE REQUEST. FURTHER, THE FOUNDATION WILL REQUIRE A COPY OF THE ORGANIZATION'S TAX EXEMPT CERTIFICATE.</MediumExplanationTxt>
      </GeneralExplanationGrp>
      <GeneralExplanationGrp>
        <FormAndLineReferenceDesc>Part VII-A - Line 12</FormAndLineReferenceDesc>
        <MediumExplanationTxt>THE FOUNDATION MADE CONTRIBUTIONS TO THE FOLLOWING DONOR ADVISED FUNDS WHICH WERE TREATED BY THE FOUNDATION AS QUALIFYING DISTRIBUTIONS FOR THE CURRENT TAX PERIOD. FUTURE DISTRIBUTIONS FROM THE DONOR ADVISED FUNDS WILL BE MADE ONLY TO AN ORGANIZATION(S) ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES. MIAMI FOUNDATION $345,000 COMMUNITY FOUDATION SW CO $20,000</MediumExplanationTxt>
      </GeneralExplanationGrp>
    </GeneralExplanationAttachment>
    <InvestmentsCorpBondsSchedule documentId="00000007">
      <InvestmentsCorporateBondsGrp>
        <BondNm>Allergan, Inc. 1.35% 03/15/2018</BondNm>
        <EOYBookValueAmt>99294</EOYBookValueAmt>
        <EOYFMVAmt>99625</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Bank of America 5% 08/5/2020</BondNm>
        <EOYBookValueAmt>110556</EOYBookValueAmt>
        <EOYFMVAmt>109104</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Buckeye Partners 5.5% 08/15/2009</BondNm>
        <EOYBookValueAmt>112428</EOYBookValueAmt>
        <EOYFMVAmt>107153</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EMC Corp 1.875% 06/1/2018</BondNm>
        <EOYBookValueAmt>149222</EOYBookValueAmt>
        <EOYFMVAmt>147625</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Ford Motor Credit 2.25% 08/20/2019</BondNm>
        <EOYBookValueAmt>99275</EOYBookValueAmt>
        <EOYFMVAmt>98244</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Freeport-Mcmoran 3.1% 03/15/2020</BondNm>
        <EOYBookValueAmt>101717</EOYBookValueAmt>
        <EOYFMVAmt>96000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Halliburton Co 2% 08/1/2018</BondNm>
        <EOYBookValueAmt>101898</EOYBookValueAmt>
        <EOYFMVAmt>100667</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>International Paper 7.95% 6/15/2018</BondNm>
        <EOYBookValueAmt>48279</EOYBookValueAmt>
        <EOYFMVAmt>64120</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Sears Holding Corp 8% 12/15/19</BondNm>
        <EOYBookValueAmt>29000</EOYBookValueAmt>
        <EOYFMVAmt>25375</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Teva Pharm USA 2.25% 03/18/2020</BondNm>
        <EOYBookValueAmt>98517</EOYBookValueAmt>
        <EOYFMVAmt>101249</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Wells Fargo &amp; Co Var. rate 04/23/2018</BondNm>
        <EOYBookValueAmt>100997</EOYBookValueAmt>
        <EOYFMVAmt>100235</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Western Union Co 3.65% 08/22/2018</BondNm>
        <EOYBookValueAmt>104314</EOYBookValueAmt>
        <EOYFMVAmt>103127</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="00000008">
      <InvestmentsCorporateStockGrp>
        <StockNm>Stocks - see statement 2</StockNm>
        <EOYBookValueAmt>6774797</EOYBookValueAmt>
        <EOYFMVAmt>15077161</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Schwab Mutual Funds</StockNm>
        <EOYBookValueAmt>387410</EOYBookValueAmt>
        <EOYFMVAmt>442732</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Vanguard Mutual Funds</StockNm>
        <EOYBookValueAmt>2503184</EOYBookValueAmt>
        <EOYFMVAmt>5067152</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="00000009">
      <USGovtObligationsBookVlEOYAmt>1994098</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>2421932</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <OtherExpensesSchedule documentId="00000010">
      <OtherExpensesScheduleGrp>
        <Desc>Bank Service Charges</Desc>
        <RevenueAndExpensesPerBooksAmt>340</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>340</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Insurance</Desc>
        <RevenueAndExpensesPerBooksAmt>66</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>16</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>50</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="00000011">
      <TaxesDetail>
        <CategoryTxt>Payroll taxes</CategoryTxt>
        <Amt>2448</Amt>
        <NetInvestmentIncomeAmt>571</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1877</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Licenses</CategoryTxt>
        <Amt>114</Amt>
        <NetInvestmentIncomeAmt>114</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Foreign tax paid</CategoryTxt>
        <Amt>2236</Amt>
        <NetInvestmentIncomeAmt>2236</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Federal income taxes</CategoryTxt>
        <Amt>37347</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>