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  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2017-10-16T17:09:37-05:00</ReturnTs>
    <TaxPeriodEndDt>2016-11-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>HECHT AND COMPANY PC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>350 5TH AVENUE - 68TH FL</AddressLine1Txt>
        <CityNm>NEW YORK</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>101180110</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2015-12-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>800022815</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>GD FOUNDATION INC</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% HECHT AND COMPANY PC</InCareOfNm>
      <BusinessNameControlTxt>GDFO</BusinessNameControlTxt>
      <USAddress>
        <AddressLine1Txt>C0 DWECK 521 PARK AVE Suite 5B</AddressLine1Txt>
        <CityNm>NEW YORK</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>10065</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>GILA GOODMAN</PersonNm>
      <PersonTitleTxt>OFFICER</PersonTitleTxt>
      <PhoneNum>2128198085</PhoneNum>
      <SignatureDt>2017-04-12</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>EPHRAIM SLOMOVIC</PreparerPersonNm>
      <PTIN>P00389642</PTIN>
      <PhoneNum>2128198000</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2015</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="6">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1937652</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
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        <InterestOnSavRevAndExpnssAmt>545</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>545</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>87483</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>87483</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>748</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>80000</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>748</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>115060</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>88776</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>26000</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>26000</CompOfcrDirTrstDsbrsChrtblAmt>
        <InterestRevAndExpnssAmt>221</InterestRevAndExpnssAmt>
        <InterestNetInvstIncmAmt>221</InterestNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSch">11941</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>10225</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>38162</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>10446</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>26000</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>54306</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>54306</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>92468</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>10446</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>80306</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>22592</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>78330</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>197689</CashBOYAmt>
        <CashEOYAmt>309838</CashEOYAmt>
        <CashEOYFMVAmt>309838</CashEOYFMVAmt>
        <RcvblFromOfficersBOYAmt>83495</RcvblFromOfficersBOYAmt>
        <RcvblFromOfficersEOYAmt referenceDocumentId="OthRecblOfficersSch">6154</RcvblFromOfficersEOYAmt>
        <RcvblFromOfficersEOYFMVAmt>6154</RcvblFromOfficersEOYFMVAmt>
        <CorporateStockBOYAmt>1655718</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestCorpStockSch">1643502</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>1621660</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>1936902</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1959494</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1937652</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>2158806</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>2158806</CapitalStockEOYAmt>
        <RetainedEarningBOYAmt>-221904</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>-199312</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1936902</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1959494</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1936902</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1959494</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1936902</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>22592</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>1959494</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>1959494</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,321.70 SHS OF MSIF GROWTH I</PropertyDesc>
          <AcquiredDt>2014-04-24</AcquiredDt>
          <SoldDt>2016-05-16</SoldDt>
          <GrossSalesPriceAmt>50000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>49485</CostOrOtherBasisAmt>
          <GainOrLossAmt>515</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>515</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,058.57 SHS OF JP MORGAN VALUE ADVANTAGE SEL</PropertyDesc>
          <AcquiredDt>2014-04-24</AcquiredDt>
          <SoldDt>2016-06-15</SoldDt>
          <GrossSalesPriceAmt>30000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>29767</CostOrOtherBasisAmt>
          <GainOrLossAmt>233</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>233</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>748</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>75023</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>1792204</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.041861</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>89646</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>1858221</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.048243</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>169240</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>1997319</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.084734</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>45227</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>926357</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.048822</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>47928</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>1002469</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.04781</DistributionYr5Rt>
        <TotalDistributionRt>0.27147</TotalDistributionRt>
        <AverageDistributionRt>0.054294</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>1843937</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>100115</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>783</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>100898</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>80306</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>1567</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>1567</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>1567</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>861</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>861</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>15</EsPenaltyAmt>
        <TaxDueAmt>721</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd referenceDocumentId="BinaryAttach">false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd referenceDocumentId="BinaryAttach">false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd referenceDocumentId="BinaryAttach">false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>NY</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>HECHT AND COMPANY PC</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>2128198000</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>350 FIFTH AVE</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10118</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>true</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>true</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>true</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>GILA DWECK GOODMAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>19 WEST 34TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10001</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ISAAC DABAH</PersonNm>
          <USAddress>
            <AddressLine1Txt>950 THIRD AVE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>NAOMI KASSIN</PersonNm>
          <USAddress>
            <AddressLine1Txt>521 PARK AVENUE</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10065</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>26000</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp />
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
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        <AverageMonthlyCashBalancesAmt>206754</AverageMonthlyCashBalancesAmt>
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        <TotalFMVOfUnusedAssetsAmt>1872017</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1872017</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>28080</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1843937</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>92197</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>92197</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>1567</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>1567</TotalTaxAmt>
        <DistributableBeforeAdjAmt>90630</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>90630</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>90630</DistributableAsAdjustedAmt>
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        <ExpensesAndContributionsAmt>80306</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
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        <AdjustedQualifyingDistriAmt>80306</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>90630</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
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        <PriorYear2Yr>2012</PriorYear2Yr>
        <PriorYear3Yr>2011</PriorYear3Yr>
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        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
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        <AppliedToYear1Amt>0</AppliedToYear1Amt>
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        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
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        <Taxable1Amt>31171</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
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      <PrivateOperatingFoundationsGrp />
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          <RecipientBusinessName>
            <BusinessNameLine1Txt>ATTACHMENT # 7</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
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            <AddressLine2Txt>350 FIFTH AVENUE</AddressLine2Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10118</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED CHARITABLE PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>54306</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>54306</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
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        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
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        <DivAndIntFromSecPartVIIGrp>
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        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
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        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
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        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>88776</TotalIncomeProducingActyAmt>
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      <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>
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      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>GILA GOODMAN DWECK</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>521 PARK AVE</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10065</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>26284</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>JP MORGAN INCOME BUILDER</StockNm>
        <EOYBookValueAmt>223992</EOYBookValueAmt>
        <EOYFMVAmt>210185</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PIMCO INCOME FUND</StockNm>
        <EOYBookValueAmt>117232</EOYBookValueAmt>
        <EOYFMVAmt>113165</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALLIANCE BERNSTEIN GL HIGH</StockNm>
        <EOYBookValueAmt>47829</EOYBookValueAmt>
        <EOYFMVAmt>38592</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WESTERN ASSET HIGH INCOM OPPTY</StockNm>
        <EOYBookValueAmt>54270</EOYBookValueAmt>
        <EOYFMVAmt>44190</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KKR FIN'L HOLDINGS 7.375 PFD</StockNm>
        <EOYBookValueAmt>55287</EOYBookValueAmt>
        <EOYFMVAmt>57090</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WISDOMTREE EURO SM CAP DIV FD</StockNm>
        <EOYBookValueAmt>24984</EOYBookValueAmt>
        <EOYFMVAmt>24206</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PIMCO DYNAMIC CREDIT INC FD</StockNm>
        <EOYBookValueAmt>69955</EOYBookValueAmt>
        <EOYFMVAmt>60060</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MSIF GROWTH I</StockNm>
        <EOYBookValueAmt>68059</EOYBookValueAmt>
        <EOYFMVAmt>68664</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMG YACKTMAN SVC</StockNm>
        <EOYBookValueAmt>234177</EOYBookValueAmt>
        <EOYFMVAmt>227861</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CLEARBRIDGE AGGRESSIVE GROWTH</StockNm>
        <EOYBookValueAmt>264012</EOYBookValueAmt>
        <EOYFMVAmt>275170</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JPMORGAN VALUE ADVANTAGE SELCT</StockNm>
        <EOYBookValueAmt>233705</EOYBookValueAmt>
        <EOYFMVAmt>262067</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SKYBRIDGE MULIT ADSR HF</StockNm>
        <EOYBookValueAmt>200000</EOYBookValueAmt>
        <EOYFMVAmt>188510</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JPM TRIGGER JUMP ON THE EURO</StockNm>
        <EOYBookValueAmt>50000</EOYBookValueAmt>
        <EOYFMVAmt>51900</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>CUSTODIAN FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>10225</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>10225</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS</Desc>
        <RevenueAndExpensesPerBooksAmt>1716</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherReceivablesOfficersSch documentId="OthRecblOfficersSch">
      <OfficerOtherRcvblGrp>
        <BorrowerPersonNm>RECEIVABLE</BorrowerPersonNm>
        <LoanOriginalAmt>80000</LoanOriginalAmt>
        <BalanceDueAmt>6154</BalanceDueAmt>
      </OfficerOtherRcvblGrp>
    </OtherReceivablesOfficersSch>
  </ReturnData>
</Return>