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          <PropertyDesc>400 MAGNA INTERNATIONAL INC.</PropertyDesc>
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          <PropertyDesc>500 MAGNA INTERNATIONAL INC.</PropertyDesc>
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          <PropertyDesc>1100 FREEPORT-MCMORAN INC</PropertyDesc>
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        <CapGainsLossTxInvstIncmGrp>
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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>125 THERMO FISHER SCIENTIFIC INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
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          <PropertyDesc>230 THERMO FISHER SCIENTIFIC INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>900 SPDR S&amp;P OIL &amp; GAS EXP &amp; PR</PropertyDesc>
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          <PropertyDesc>700 BROADCOM LTD</PropertyDesc>
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        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>false</Form990TFiledInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
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        <OwnControlledEntityInd>false</OwnControlledEntityInd>
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        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
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          <StateAbbreviationCd>CA</StateAbbreviationCd>
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        <PayCompDisqualifiedPrsnInd>true</PayCompDisqualifiedPrsnInd>
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        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
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        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <ExcessBusinessHoldingsInd>false</ExcessBusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
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        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
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        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
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            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Peter W Carlton</PersonNm>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Donald T Carlisi</PersonNm>
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        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
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        <QualifyingDistributionsAmt>110572</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>274</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>110298</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>115457</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>108093</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>110572</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>108093</AppliedToYear1Amt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>2479</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>112978</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>Kelly G Day</ContributingManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>Kelly Day Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>865 S Figueroa St Suite 700</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90017</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>2138916300</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>No specific form or information required.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>None</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>Determine on case by case basis</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Regents University of California LA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>10833 LE CONTE AVE ROOM 27-139 CHS</AddressLine1Txt>
            <CityNm>Los Angeles</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90095</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>LOS ANGELES COUNTY MUSEUM OF ART</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>5905 WILSHIRE BLVD</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90036</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>19750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ALL SAINTS CHURCH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>504 NORTH CAMDEN DR</AddressLine1Txt>
            <CityNm>BEVERLY HILLS</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90210</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>UNITED STATES FUND FOR UNICEF</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>125 MAIDEN LANE 10TH FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10038</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>HOLLYROD FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2934 1/2 N BEVERLY GLEN CIRCLE</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90077</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CHILDREN'S HOSPITAL LOS ANGELES</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4650 SUNSET BLVD</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90027</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BACA INTERNATIONAL INC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>51 WEST CENTER 144</AddressLine1Txt>
            <CityNm>OREM</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>84057</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>THE RAPE FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1223 WILSHIRE BLVD 410</AddressLine1Txt>
            <CityNm>SANTA MONICA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90403</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>108250</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>30993</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>-182373</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>-151380</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>-151380</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="AccountingFeesSchedule" softwareId="16000303" softwareVersionNum="2016v3.0">
      <AccountingFeesDetail>
        <CategoryTxt>Accounting Fees</CategoryTxt>
        <Amt>2904</Amt>
        <NetInvestmentIncomeAmt>1452</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1427</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GeneralExplanationAttachment documentId="GeneralExplanation" softwareId="16000303" softwareVersionNum="2016v3.0">
      <GeneralExplanationGrp>
        <FormAndLineReferenceDesc>General Explanation Supplemental Information for Form 990-PF</FormAndLineReferenceDesc>
        <MediumExplanationTxt>Supplemental Information for Form 990-PF, Part VII-B, Line 1(A)(4)&amp; CA RRF-1, Part B, Line 1:The foundation reimburses Oakmont Corporation (an entity related to and controlled by a disqualified person). The expenses are ordinary and necessary and as such the foundation is not subject to the excise tax for self-dealing and is exempt from filing form 4720.</MediumExplanationTxt>
      </GeneralExplanationGrp>
    </GeneralExplanationAttachment>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="16000303" softwareVersionNum="2016v3.0">
      <InvestmentsCorporateStockGrp>
        <StockNm>MASTERCARD INC</StockNm>
        <EOYBookValueAmt>132160</EOYBookValueAmt>
        <EOYFMVAmt>132160</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LOCKHEED MARTIN CORP</StockNm>
        <EOYBookValueAmt>249940</EOYBookValueAmt>
        <EOYFMVAmt>249940</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FACEBOOK INC - A</StockNm>
        <EOYBookValueAmt>166823</EOYBookValueAmt>
        <EOYFMVAmt>166823</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMAZON.COM INC</StockNm>
        <EOYBookValueAmt>149974</EOYBookValueAmt>
        <EOYFMVAmt>149974</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LENNAR CORP</StockNm>
        <EOYBookValueAmt>134800</EOYBookValueAmt>
        <EOYFMVAmt>134800</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORTHROP GRUMMAN CORP</StockNm>
        <EOYBookValueAmt>177923</EOYBookValueAmt>
        <EOYFMVAmt>177923</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>XPO LOGISTICS INC</StockNm>
        <EOYBookValueAmt>265434</EOYBookValueAmt>
        <EOYFMVAmt>265434</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RAYTHEON COMPANY</StockNm>
        <EOYBookValueAmt>227200</EOYBookValueAmt>
        <EOYFMVAmt>227200</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANK OF AMERICA CORP</StockNm>
        <EOYBookValueAmt>170170</EOYBookValueAmt>
        <EOYFMVAmt>170170</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KANSAS CITY SOUTHERN</StockNm>
        <EOYBookValueAmt>149336</EOYBookValueAmt>
        <EOYFMVAmt>149336</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DR HORTON INC</StockNm>
        <EOYBookValueAmt>125718</EOYBookValueAmt>
        <EOYFMVAmt>125718</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WELLS FARGO &amp; COMPANY</StockNm>
        <EOYBookValueAmt>110220</EOYBookValueAmt>
        <EOYFMVAmt>110220</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES MSCI MEXICO CAPPED</StockNm>
        <EOYBookValueAmt>107727</EOYBookValueAmt>
        <EOYFMVAmt>107727</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TRI POINTE GROUP INC</StockNm>
        <EOYBookValueAmt>60844</EOYBookValueAmt>
        <EOYFMVAmt>60844</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="LegalFeesSchedule" softwareId="16000303" softwareVersionNum="2016v3.0">
      <LegalFeesGrp>
        <CategoryTxt>legal fees</CategoryTxt>
        <LegalFeesAmt>860</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>860</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="16000303" softwareVersionNum="2016v3.0">
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE AND DELIVERY</Desc>
        <RevenueAndExpensesPerBooksAmt>28</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>State Filing Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>45</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>25</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Trading Expense</Desc>
        <RevenueAndExpensesPerBooksAmt>1500</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1500</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="16000303" softwareVersionNum="2016v3.0">
      <TaxesDetail>
        <CategoryTxt>federal tax</CategoryTxt>
        <Amt>7000</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>foreign tax withheld</CategoryTxt>
        <Amt>608</Amt>
        <NetInvestmentIncomeAmt>608</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>State Tax</CategoryTxt>
        <Amt>10</Amt>
        <DisbursementsCharitablePrpsAmt>10</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>