﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2015v2.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2016-11-15T15:31:37-06:00</ReturnTs>
    <TaxPeriodEndDt>2015-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>BERKOWITZ POLLACK BRANT LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>200 S BISCAYNE BLVD SIXTH FLOOR</AddressLine1Txt>
        <CityNm>MIAMI</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>33131</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2015-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>270878154</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Barbara A Stiefel Foundation Inc</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% JEFFREY M MUTNIK CPA</InCareOfNm>
      <BusinessNameControlTxt>BARB</BusinessNameControlTxt>
      <PhoneNum>3053799164</PhoneNum>
      <USAddress>
        <AddressLine1Txt>c/o BPB 200 S Biscayne Blvd 6FL</AddressLine1Txt>
        <CityNm>Miami</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>33131</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ERIK SCHMOLLINGER</PersonNm>
      <PersonTitleTxt>Secretary</PersonTitleTxt>
      <PhoneNum>3053799164</PhoneNum>
      <SignatureDt>2016-11-15</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Adam Cohen CPA</PreparerPersonNm>
      <PTIN>P00541985</PTIN>
      <PhoneNum>3053797000</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2015</TaxYr>
    <BuildTS>2017-02-10 21:41:12Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="9">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>2783942</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>0</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>15597</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>15597</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>24097</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>24097</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>85635</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1697052</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>85635</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>125329</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>125329</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>12858</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsDsbrsChrtblAmt>12858</OthEmplSlrsWgsDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSch">10000</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>5000</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>0</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>5000</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OthProfFeesSch">11493</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesDsbrsChrtblAmt>11493</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">12135</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>366</TaxesNetInvstIncmAmt>
        <TravConfMeetingRevAndExpnssAmt>2155</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingDsbrsChrtblAmt>2155</TravConfMeetingDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSch">35472</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>13972</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>84113</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>19338</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>0</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>31506</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>101000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>101000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>185113</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>19338</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>0</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>132506</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-59784</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>105991</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>256894</CashBOYAmt>
        <CashEOYAmt>96816</CashEOYAmt>
        <CashEOYFMVAmt>96816</CashEOYFMVAmt>
        <RcvblFromOfficersBOYAmt>300080</RcvblFromOfficersBOYAmt>
        <RcvblFromOfficersEOYAmt referenceDocumentId="OthRecblOfficersSch">1464580</RcvblFromOfficersEOYAmt>
        <RcvblFromOfficersEOYFMVAmt>1464580</RcvblFromOfficersEOYFMVAmt>
        <CorporateStockBOYAmt>2230493</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestCorpStockSch">1165973</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>1222546</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>2787467</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>2727369</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>2783942</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
        <UnrestrictedBOYAmt>2787467</UnrestrictedBOYAmt>
        <UnrestrictedEOYAmt>2727369</UnrestrictedEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>2787467</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>2727369</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>2787467</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>2727369</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>2787467</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-59784</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>2727683</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSch">314</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>2727369</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SEI SEE ATTACHMENT A</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>1068352</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1051821</CostOrOtherBasisAmt>
          <GainOrLossAmt>19264</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>16531</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SEI SEE ATTACHMENT B</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>628700</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>564035</CostOrOtherBasisAmt>
          <GainOrLossAmt>66371</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>64665</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>85635</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>887660</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>1796263</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.49417</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>364861</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>988923</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.368948</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>682763</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>1202685</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.567699</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>759170</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>1863443</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.407402</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>520959</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>160640</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>3.243022</DistributionYr5Rt>
        <TotalDistributionRt>5.081241</TotalDistributionRt>
        <AverageDistributionRt>1.016248</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>2271810</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>2308722</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>1060</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>2309782</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>132506</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>2120</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>2120</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>2120</TaxBasedOnInvestmentIncomeAmt>
        <TotalPaymentsAndCreditsAmt>0</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>53</EsPenaltyAmt>
        <TaxDueAmt>2173</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd referenceDocumentId="BinaryAttach BinaryAttachN1 BinaryAttachN2">false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd referenceDocumentId="BinaryAttach BinaryAttachN1 BinaryAttachN2">false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd referenceDocumentId="BinaryAttach BinaryAttachN1 BinaryAttachN2">false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>FL</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>JEFFREY M MUTNIK CPA</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>3053797000</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>C/O BPB 200 S BISCAYNE BLVD 6TH</AddressLine1Txt>
          <CityNm>MIAMI</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33131</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>true</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>true</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>false</TransactionsFailToQlfyAsExcInd>
        <MaintainedExpenditureRspnsInd>true</MaintainedExpenditureRspnsInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Barbara A Stiefel</PersonNm>
          <USAddress>
            <AddressLine1Txt>c/o Berkowitz Pollack Brant LLP</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33131</ZIPCd>
          </USAddress>
          <TitleTxt>President/Treasurer/Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.5</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Christine E Stiefel</PersonNm>
          <USAddress>
            <AddressLine1Txt>c/o Berkowitz Pollack Brant LLP</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33131</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President/Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.25</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Erik Schmollinger</PersonNm>
          <USAddress>
            <AddressLine1Txt>c/o Berkowitz Pollack Brant LLP</AddressLine1Txt>
            <CityNm>Miami</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33131</ZIPCd>
          </USAddress>
          <TitleTxt>Secretary/Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.25</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp />
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>2146115</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>160291</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2306406</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>2306406</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>34596</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2271810</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>113591</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>113591</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>2120</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>2120</TotalTaxAmt>
        <DistributableBeforeAdjAmt>111471</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>111471</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>111471</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>132506</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>132506</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>132506</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>111471</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <PriorYear1Yr>2013</PriorYear1Yr>
        <PriorYear2Yr>2012</PriorYear2Yr>
        <PriorYear3Yr>2011</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>512927</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>671751</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>623457</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>316716</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>809587</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>2934438</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>132506</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>111471</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>21035</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>2955473</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>512927</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>2442546</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>671751</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>623457</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>316716</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>809587</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>21035</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <ContributingManagerNm>BARBARA A STIEFEL</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>INTERNATIONAL FOUNDATION FOR DERMATOLOGY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>WILLIAM HOUSE 4 FITZROY SQUARE</AddressLine1Txt>
            <CityNm>LONDON</CityNm>
            <CountryCd>UK</CountryCd>
            <ForeignPostalCd>W1T 5HQ</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>No Relationship</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>USED TOWARDS THE CONSTRUCTION OF A DERMATOLOGY WARD AND BURN UNIT AT THE KILIMANJARO CHRISTIAN MEDICAL CENTER IN MOSHI, TANZANIA. {TAX EXEMPT UNDER LAWS OF UNITED KINGDOM}- See Attached Statement Pursuant to IRC 53.4945-(D)(2).</GrantOrContributionPurposeTxt>
          <Amt>86000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Solid' Africa</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>PO Box 1053</AddressLine1Txt>
            <CityNm>Kigali</CityNm>
            <ProvinceOrStateNm>Africa</ProvinceOrStateNm>
            <CountryCd>RW</CountryCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>No Relationship</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GRANT WILL USED TO PROVIDE FUNDS FOR THE INSTALLATION OF A WATER FILTRATION SYSTEM AND TO HELP EDUCATE AND CREATE BEHAVIORAL CHANGES AMONG PATIENTS, CARE GIVERS AND HOSPITAL PERSONNEL IN RELATION TO CLEAN WATER IN RWANDA, AFRICA. EXPENDITURE RESPONSIBILITY UNDERTAKEN - SEE ATTACHED STATEMENT PURSUANT TO IRC 53.4945-5(D)(2)</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>101000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>15597</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>24097</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>85635</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>125329</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>125329</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="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>TAX PREPARATION FEE</CategoryTxt>
        <Amt>10000</Amt>
        <NetInvestmentIncomeAmt>5000</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5000</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>SEI</StockNm>
        <EOYBookValueAmt>1165973</EOYBookValueAmt>
        <EOYFMVAmt>1222546</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherDecreasesSchedule documentId="OtherDecreasesSch">
      <OtherDecreasesDetail>
        <Desc>CURRENCY TRANSLATION</Desc>
        <Amt>314</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>361</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>361</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>13611</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>13611</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OTHER EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>21500</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CONSULTING FEES</CategoryTxt>
        <Amt>11493</Amt>
        <DisbursementsCharitablePrpsAmt>11493</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <OtherReceivablesOfficersSch documentId="OthRecblOfficersSch">
      <OfficerOtherRcvblGrp>
        <BorrowerPersonNm>BARBARA A STIEFEL</BorrowerPersonNm>
        <LoanOriginalAmt>300000</LoanOriginalAmt>
        <BalanceDueAmt>1464580</BalanceDueAmt>
        <NoteDt>2014-10</NoteDt>
        <RepaymentTermsTxt>ON DEMAND</RepaymentTermsTxt>
        <LoanPurposeTxt>DEPOSIT IN TRANSIT</LoanPurposeTxt>
      </OfficerOtherRcvblGrp>
    </OtherReceivablesOfficersSch>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>TAX FEE ON INTEREST</CategoryTxt>
        <Amt>366</Amt>
        <NetInvestmentIncomeAmt>366</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES</CategoryTxt>
        <Amt>11769</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>