﻿<?xml version="1.0" encoding="utf-8"?>
<Return returnVersion="2016v3.0" xmlns="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2017-08-18T14:49:27-04:00</ReturnTs>
    <TaxPeriodEndDt>2016-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>DOWNTOWN BUSINESS SERVICES</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>429 LITHIA PINECREST ROAD</AddressLine1Txt>
        <CityNm>BRANDON</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>33511</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2016-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>650633272</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE ALBERT AND LIN BILDNER FOUNDATION INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>ALBE</BusinessNameControlTxt>
      <USAddress>
        <AddressLine1Txt>880 FIFTH AVENUE</AddressLine1Txt>
        <CityNm>NEW YORK</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>100214951</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ERLINDA ILUSORIO-BILDNER</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <SignatureDt>2017-04-17</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>DAVID R PORTLOCK</PreparerPersonNm>
      <PTIN>P00923132</PTIN>
      <PhoneNum>8135304300</PhoneNum>
      <PreparationDt>2017-08-18</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <IPAddress>
        <IPv4AddressTxt>108.191.91.114</IPv4AddressTxt>
      </IPAddress>
      <IPDt>2017-08-18</IPDt>
      <IPTm>14:50:46</IPTm>
      <FederalOriginalSubmissionId>1273672017230udzwwlo</FederalOriginalSubmissionId>
      <FederalOriginalSubmissionIdDt>2017-08-18</FederalOriginalSubmissionIdDt>
      <FilingLicenseTypeCd>P</FilingLicenseTypeCd>
      <AtSubmissionCreationDeviceId>73A69E1AA5649C99EF1B9F5303729DFB28DD8E0D</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>73A69E1AA5649C99EF1B9F5303729DFB28DD8E0D</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2016</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1119138</FMVAssetsEOYAmt>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>55947</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>55947</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>55947</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>13587</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>389263</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>13587</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>15061</NetSTCapitalGainAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>69534</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>69534</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>71008</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="STM108">3200</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>3200</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>3200</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>3200</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="STM109">12396</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>12396</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesAdjNetIncmAmt>12396</OtherProfFeesAdjNetIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>12396</OtherProfFeesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="STM103">10739</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>10739</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>10739</OtherExpensesAdjNetIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>10739</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>26335</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>26335</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>26335</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>26335</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>117950</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>117950</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>144285</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>26335</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>26335</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>144285</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-74751</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>43199</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>44673</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>18467</CashBOYAmt>
        <CashEOYAmt>9563</CashEOYAmt>
        <CashEOYFMVAmt>9563</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>34553</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>17966</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>17966</SavAndTempCashInvstEOYFMVAmt>
        <AcctRcvblBOYAmt>8687</AcctRcvblBOYAmt>
        <USGovernmentObligationsBOYAmt>253429</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt referenceDocumentId="STM136">236765</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>208753</USGovtObligationsEOYFMVAmt>
        <CorporateStockBOYAmt>722824</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="STM137">646642</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>831257</CorporateStockEOYFMVAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="STM118">52273</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>51599</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>1037960</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>963209</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1119138</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
        <UnrestrictedBOYAmt>1037960</UnrestrictedBOYAmt>
        <UnrestrictedEOYAmt>963209</UnrestrictedEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1037960</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>963209</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1037960</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>963209</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1037960</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-74751</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>963209</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>963209</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>DEUTSCHE BANK 630917</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-10-01</SoldDt>
          <GrossSalesPriceAmt>140748</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>125687</CostOrOtherBasisAmt>
          <GainOrLossAmt>15061</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>15061</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>DEUTSCHE BANK 630917</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-12-30</SoldDt>
          <GrossSalesPriceAmt>237693</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>243992</CostOrOtherBasisAmt>
          <GainOrLossAmt>-6299</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-6299</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MERCK &amp; COMPANY INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-01-15</AcquiredDt>
          <SoldDt>2016-09-15</SoldDt>
          <GrossSalesPriceAmt>10822</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5997</CostOrOtherBasisAmt>
          <GainOrLossAmt>4825</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4825</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>13587</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>15061</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>246648</AdjustedQlfyDistriYr1Amt>
        <AdjustedQlfyDistriYr2Amt>139750</AdjustedQlfyDistriYr2Amt>
        <AdjustedQlfyDistriYr3Amt>245350</AdjustedQlfyDistriYr3Amt>
        <AdjustedQlfyDistriYr4Amt>109729</AdjustedQlfyDistriYr4Amt>
        <AdjustedQlfyDistriYr5Amt>136849</AdjustedQlfyDistriYr5Amt>
        <TotalDistributionRt>0.0</TotalDistributionRt>
        <AverageDistributionRt>0.0</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>1105000</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>0</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>432</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>432</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>144285</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>432</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>432</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>432</TaxBasedOnInvestmentIncomeAmt>
        <TaxDueAmt>432</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>false</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <IndividualWithBooksNm>ERLINDA BILDNER</IndividualWithBooksNm>
        <PhoneNum>6467257144</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>60 COBB ROAD</AddressLine1Txt>
          <CityNm>WATER MILL</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>11976</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>
          <PersonNm>ERLINDA ILUSORIO-BILDNER</PersonNm>
          <USAddress>
            <AddressLine1Txt>60 COBB ROAD</AddressLine1Txt>
            <CityNm>WATER MILL</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11976</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>FUNDS PROVIDED TO YALE UNIVERSITY AND CUNY GRADUATE CENTER FOR ADVANCEMENT OF EDUCATIONAL AND RESEARCH PURPOSES</Description1Txt>
        <Expenses1Amt>114500</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>1100000</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>25000</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1125000</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1125000</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>20000</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1105000</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>55250</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>55250</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>432</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>432</TotalTaxAmt>
        <DistributableBeforeAdjAmt>54818</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>54818</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>54818</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>144285</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>144285</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>432</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>143853</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>54818</DistributableAsAdjustedAmt>
        <QualifyingDistributionsAmt>144285</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>54818</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>89467</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>89467</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>89467</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>89467</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>ERLINDA ILUSORIO-BILDNER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>880 FIFTH AVENUE 10D</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10021</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>6467257144</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>LETTER ON ENTITY LETTERHEAD REQUESTING FUNDING WITH AN EXPLANATION OF THE PROPOSED USE OF THE FUNDS AND HOW IT PROVIDES FOR EDUCATIONAL, CULTURAL OR HUMANITARIAN NEEDS; SIGNED BY AN AUTHORIZED OFFICER OR DIRECTOR OF THE ENTITY</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>NONE</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CUNY GRADUATE CENTER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>365 FIFTH AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10003</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>111000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>AMERICAN MUSEUM OF NATURAL HISTORY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1 WEST 79TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10024</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CULTURAL</GrantOrContributionPurposeTxt>
          <Amt>140</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>YALE UNIVERSITY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 2038</AddressLine1Txt>
            <CityNm>NEW HAVEN</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06521</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>EDUCTIONAL</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>92ND STREET YMCA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1395 LEXINGTON AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10128</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CULTURAL</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>WHITNEY MUSEUM OF AMERICAN ART</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>945 MADISON AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10021</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CULTURAL</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>GUGGENHEIM MUSEUM</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1071 5TH AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10128</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CUULTURAL</GrantOrContributionPurposeTxt>
          <Amt>140</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>THE FRICK COLLECTION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1 EAST 70TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10021</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CULTURAL</GrantOrContributionPurposeTxt>
          <Amt>120</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>PARRISH ART MUSEUM</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>279 MONTAUK HWY</AddressLine1Txt>
            <CityNm>WATER MILL</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11976</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CULTURAL</GrantOrContributionPurposeTxt>
          <Amt>125</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CONGREGATION EMANUEL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1 EAST 65TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10065</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>HUMANITARIAN</GrantOrContributionPurposeTxt>
          <Amt>1635</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>WATER MILL MUSEUM</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>41 OLD MILL ROAD</AddressLine1Txt>
            <CityNm>WATER MILL</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11976</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CULTURAL</GrantOrContributionPurposeTxt>
          <Amt>25</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>GUILD HALL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>158 MAIN STREET</AddressLine1Txt>
            <CityNm>EAST HAMPTON</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11937</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CULTURAL</GrantOrContributionPurposeTxt>
          <Amt>80</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>AFLFC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4 WEST 43RD STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10034</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>HUMANITARIAN</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NEW YORK HISTORICAL SOCIETY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>170 CENTRAL PARK WEST</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10024</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CULTURAL</GrantOrContributionPurposeTxt>
          <Amt>125</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>WATER MILL COMMUNITY CLUB</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>63 NOWEDONAH AVENUE</AddressLine1Txt>
            <CityNm>WATER MILL</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11976</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CULTURAL</GrantOrContributionPurposeTxt>
          <Amt>45</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NEUE GALERIE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1048 5TH AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10028</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CULTURAL</GrantOrContributionPurposeTxt>
          <Amt>275</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MUSEUM OF MODERN ART</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>11 W 53RD STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10019</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CULTURAL</GrantOrContributionPurposeTxt>
          <Amt>140</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>117950</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>55947</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>13587</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>69534</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>69534</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>
    <AccountingFeesSchedule documentId="STM108">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING &amp; TAX FEES</CategoryTxt>
        <Amt>3200</Amt>
        <NetInvestmentIncomeAmt>3200</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>3200</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3200</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="STM137">
      <InvestmentsCorporateStockGrp>
        <StockNm>CORPORATE STOCK</StockNm>
        <EOYBookValueAmt>646642</EOYBookValueAmt>
        <EOYFMVAmt>831257</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="STM136">
      <StateLocalSecBookVlEOYAmt>236765</StateLocalSecBookVlEOYAmt>
      <StateLocalSecEOYFMVAmt>208753</StateLocalSecEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="STM118">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SPECTRA ENERGY PARTNERS LP</CategoryOrItemTxt>
        <BookValueAmt>26623</BookValueAmt>
        <EOYFMVAmt>26587</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ENTERPRISE PRODUCTS PARTNERS LP</CategoryOrItemTxt>
        <BookValueAmt>25650</BookValueAmt>
        <EOYFMVAmt>25012</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="STM103">
      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>110</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>110</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>110</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>110</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADMINISTRATIVE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>10205</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>10205</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>10205</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>10205</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DUES &amp; SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>424</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>424</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>424</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>424</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="STM109">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT FEES</CategoryTxt>
        <Amt>11569</Amt>
        <NetInvestmentIncomeAmt>11569</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>11569</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>11569</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ACCOUNT MANAGEMENT FEES</CategoryTxt>
        <Amt>827</Amt>
        <NetInvestmentIncomeAmt>827</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>827</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>827</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
  </ReturnData>
</Return>