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  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2017-03-06T17:08:29-06:00</ReturnTs>
    <TaxPeriodEndDt>2014-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>BRUCE E BERNSTIEN &amp; ASSOC PC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>10440 N CENTRAL EXPRESSWAY STE 1040</AddressLine1Txt>
        <CityNm>DALLAS</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>75231</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2014-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>752294319</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>JAMES AND GAYLE HALPERIN FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% DAGMAR BYERS</InCareOfNm>
      <BusinessNameControlTxt>JAME</BusinessNameControlTxt>
      <PhoneNum>2145283500</PhoneNum>
      <USAddress>
        <AddressLine1Txt>3500 Maple Avenue 17th floor</AddressLine1Txt>
        <CityNm>Dallas</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>75219</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>JAMES HALPERIN</PersonNm>
      <PersonTitleTxt>president</PersonTitleTxt>
      <PhoneNum>2145283500</PhoneNum>
      <SignatureDt>2017-01-13</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>BRUCE E BERNSTIEN</PreparerPersonNm>
      <PTIN>P01424343</PTIN>
      <PhoneNum>2147060840</PhoneNum>
      <PreparationDt>2017-02-07</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2014</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
  </ReturnHeader>
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      <AmendedReturnInd>X</AmendedReturnInd>
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>11950460</FMVAssetsEOYAmt>
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      <AnalysisOfRevenueAndExpenses>
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        <DividendsAdjNetIncmAmt>106072</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>1421440</NetGainSaleAstRevAndExpnssAmt>
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        <TotalAdjNetIncmAmt>136044</TotalAdjNetIncmAmt>
        <LegalFeesRevAndExpnssAmt>2021</LegalFeesRevAndExpnssAmt>
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        <LegalFeesAdjNetIncmAmt>2021</LegalFeesAdjNetIncmAmt>
        <InterestRevAndExpnssAmt>233</InterestRevAndExpnssAmt>
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        <InterestAdjNetIncmAmt>233</InterestAdjNetIncmAmt>
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        <OtherExpensesAdjNetIncmAmt>17998</OtherExpensesAdjNetIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>45475</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>45475</TotOprExpensesNetInvstIncmAmt>
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        <ContriPaidDsbrsChrtblAmt>594944</ContriPaidDsbrsChrtblAmt>
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        <TotalExpensesAdjNetIncmAmt>45475</TotalExpensesAdjNetIncmAmt>
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        <AdjustedNetIncomeAmt>90569</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
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        <CashEOYAmt>32714</CashEOYAmt>
        <CashEOYFMVAmt>32714</CashEOYFMVAmt>
        <CorporateStockBOYAmt>4822387</CorporateStockBOYAmt>
        <CorporateStockEOYAmt>6166950</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>11825866</CorporateStockEOYFMVAmt>
        <OtherInvestmentsBOYAmt>125251</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt>126229</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>85000</OtherInvestmentsEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="OtherAssetsSch">0</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="OtherAssetsSch">6880</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="OtherAssetsSch">6880</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>5105776</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>6332773</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>11950460</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>5105776</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>6332773</CapitalStockEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>5105776</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>6332773</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>5105776</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>6332773</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>5105776</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>2305615</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>7411391</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSch">1078618</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>6332773</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FIDELITY</PropertyDesc>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>1646902</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>489208</CostOrOtherBasisAmt>
          <GainOrLossAmt>1157694</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1157694</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FIDELITY</PropertyDesc>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>52169</GrossSalesPriceAmt>
          <GainOrLossAmt>52169</GainOrLossAmt>
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        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>K-1 PASS THROUGH</PropertyDesc>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>211577</GrossSalesPriceAmt>
          <GainOrLossAmt>211577</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>211577</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
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        <NetVlNoncharitableAssetsYr4Amt>3480687</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.052491</DistributionYr4Rt>
        <TotalDistributionRt>0.192181</TotalDistributionRt>
        <AverageDistributionRt>0.048045</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>9797154</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>470704</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>15120</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>485824</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>594944</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
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        <SubtotalAmt>15120</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>15120</TaxBasedOnInvestmentIncomeAmt>
        <AppliedToEsTaxAmt>32500</AppliedToEsTaxAmt>
        <TotalPaymentsAndCreditsAmt>32500</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>17380</OverpaymentAmt>
        <AppliedToESTaxAmt>15120</AppliedToESTaxAmt>
        <RefundAmt>2260</RefundAmt>
      </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>TX</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>DAGMAR BYERS</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>2145283500</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>3500 MAPLE AVENUE 17TH FLOOR</AddressLine1Txt>
          <CityNm>dallas</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>75219</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>
        <BusinessHoldingsInd>true</BusinessHoldingsInd>
        <ExcessBusinessHoldingsInd>false</ExcessBusinessHoldingsInd>
        <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>
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      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JAMES HALPERIN</PersonNm>
          <USAddress>
            <AddressLine1Txt>3500 Maple Avenue 17th floor</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75219</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MARJORIE HALPERIN</PersonNm>
          <USAddress>
            <AddressLine1Txt>3500 Maple Avenue 17th floor</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75219</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SHARON HALPERIN</PersonNm>
          <USAddress>
            <AddressLine1Txt>3500 Maple Avenue 17th floor</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75219</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp />
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>9724196</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>137153</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>85000</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>9946349</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>9946349</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>149195</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>9797154</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>489858</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>489858</MinimumInvestmentReturnAmt>
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        <TotalTaxAmt>15120</TotalTaxAmt>
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        <DistributableBeforeDedAmt>474738</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>474738</DistributableAsAdjustedAmt>
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        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
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      <UndistributedIncomeGrp>
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        <UndistributedIncomePYAmt>126475</UndistributedIncomePYAmt>
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        <PriorYear2Yr>2011</PriorYear2Yr>
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      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <ContributingManagerNm>JAMES HALPERIN</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AIDS Interfaith Network</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2707 North Stemmons Freeway Suite</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75207</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>arga nova dance</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3630 HARRY HINES BLVD</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75219</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>6000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Bruce Wood Dance Company</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>101 Howell St</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75207</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <Amt>267423</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>colgate university</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>13 Oak Dr Hamilton</AddressLine1Txt>
            <CityNm>new york</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13346</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>9000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>dallas ballet company</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8530 Abrams Rd Suite 608</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75243</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>dallas black dance theatre</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2700 Ann Williams Way</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75201</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>6200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Dallas Heritage Village</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1515 S Harwood St</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75215</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Dallas Wind Symphony</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 595026</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75359</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Dance Council of north texas</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3630 harry hines blvd</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75219</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>43000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Diffa Dallas</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2050 N Stemmons Fwy</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75207</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>3921</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>First Unitarian Church of Dallas</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4015 Normandy Ave</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75205</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organziation</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>9500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>harvard university</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>Massachusetts Hall</AddressLine1Txt>
            <CityNm>Cambridge</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02138</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organziation</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>middlesex school</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1400 Lowell Rd</AddressLine1Txt>
            <CityNm>Concord</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>01742</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organziation</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>pantego bible church</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8001 Anderson Blvd</AddressLine1Txt>
            <CityNm>Fort Worth</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76120</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organziation</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>rowland hall high school</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>720 Guardsman Way</AddressLine1Txt>
            <CityNm>Salt Lake City</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>84108</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>sammons center for the arts</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3630 Harry Hines Blvd</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75219</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>shelton school</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>720 Guardsman Way</AddressLine1Txt>
            <CityNm>Salt Lake City</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>84108</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SMU</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 750100</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75275</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>4500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TACA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>One Arts Plaza</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75201</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TITAS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>700 N Pearl St N1800</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75201</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>31900</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>University of Washington</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1410 NE Campus Parkway</AddressLine1Txt>
            <CityNm>Seattle</CityNm>
            <StateAbbreviationCd>WA</StateAbbreviationCd>
            <ZIPCd>98195</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>160000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>The Writer's Garret</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>10809 Garland Rd</AddressLine1Txt>
            <CityNm>dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75218</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>YMCA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>101 N Wacker Drive</AddressLine1Txt>
            <CityNm>Chicago</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60606</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>supporting organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>general support</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>594944</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>106072</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>1421440</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <OtherRevenueDescribedGrp>
          <Desc>RENTAL INCOME</Desc>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>29972</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>1557484</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1557484</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="IRS990ScheduleB">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>james halperin</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>5933 St andrews drive</AddressLine1Txt>
          <CityNm>dallas</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>75205</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>1388550</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>apple stock</NoncashPropertyDesc>
        <FairMarketValueAmt>1388550</FairMarketValueAmt>
        <ReceivedDt>2014-12-31</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <DepreciationSchedule documentId="DepreciationSch" />
    <OtherAssetsSchedule documentId="OtherAssetsSch">
      <OtherAssetsScheduleGrp>
        <Desc>DEPOSIT</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>6880</EOYBookValueAmt>
        <EOYFMVAmt>6880</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="OtherDecreasesSch">
      <OtherDecreasesDetail>
        <Desc>UNREALIZED GAIN ON CONTRIBUTION</Desc>
        <Amt>1078618</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>OTHER EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>17998</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>17998</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>17998</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>rental income</Desc>
        <RevenueAndExpensesPerBooksAmt>29972</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>29972</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>29972</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
  </ReturnData>
</Return>