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        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>N/A</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>15267771</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>128639</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>15396410</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>15396410</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt referenceDocumentId="990PF:177">230946</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>15165464</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>758273</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>758273</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>9831</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>9831</TotalTaxAmt>
        <DistributableBeforeAdjAmt>748442</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>748442</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>748442</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt referenceDocumentId="990PF:178">759006</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>759006</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>759006</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>748442</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>477520</UndistributedIncomePYAmt>
        <PriorYear1Yr>2011</PriorYear1Yr>
        <PriorYear2Yr>2012</PriorYear2Yr>
        <PriorYear3Yr>2013</PriorYear3Yr>
        <TotalForPriorYearsAmt>1613807</TotalForPriorYearsAmt>
        <QualifyingDistributionsAmt>759006</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>477520</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>281486</AppliedToCurrentYearAmt>
        <PriorYearUndistributedIncmAmt>1613807</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>1613807</Taxable1Amt>
        <UndistributedIncomeCYAmt>466956</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>Ms Kim Harrison</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 227</AddressLine1Txt>
            <CityNm>Owings</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>20736</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>4102575344</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>All required forms on website www.jgmurrayfoundation.org</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>Refer to website for deadlines</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>Refer to websit for restrictions or limitations</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>See Attached Statement B</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2976 Penwick Ln Ste 104C</AddressLine1Txt>
            <CityNm>Dunkirk</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>20754</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EOF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Charitable</GrantOrContributionPurposeTxt>
          <Amt>759006</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>759006</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>105</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>242605</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>9457</ExclusionAmt>
        </OtherInvestmentIncmPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>411900</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>664067</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>664067</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="990PF:76" softwareId="15000290" softwareVersionNum="15.3.0.0">
      <AccountingFeesDetail>
        <CategoryTxt>J.J. Maier, CPA</CategoryTxt>
        <Amt>7850</Amt>
        <NetInvestmentIncomeAmt>7850</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="990PF:72" softwareId="15000290" softwareVersionNum="15.3.0.0">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LT Gain ML 02070</AssetDesc>
        <AcquiredDt>2014-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2015-12</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>Jerome Grace Murray Foundation</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>22987</GrossSalesPriceAmt>
        <BasisAmt>1341</BasisAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>21646</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LT Gaim ML 04001</AssetDesc>
        <AcquiredDt>2014-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2015-12</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>Jerome Grace Murray Foundation</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>262853</GrossSalesPriceAmt>
        <BasisAmt>58927</BasisAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>203926</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LT Gain ML 04072</AssetDesc>
        <AcquiredDt>2014-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2015-12</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>Jerome Grace Murray Foundation</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>327281</GrossSalesPriceAmt>
        <BasisAmt>112417</BasisAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>214864</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ST Gain ML 02070</AssetDesc>
        <AcquiredDt>2015-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2015-12</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>Jerome Grace Murray Foundation</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>2467</GrossSalesPriceAmt>
        <BasisAmt>2100</BasisAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>367</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ST Gain ML 04001</AssetDesc>
        <AcquiredDt>2015-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2015-12</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>Jerome Grace Murray Foundation</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>20726</GrossSalesPriceAmt>
        <BasisAmt>495</BasisAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>20231</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ST Gain ML 04072</AssetDesc>
        <AcquiredDt>2015-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2015-12</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>Jerome Grace Murray Foundation</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>10675</GrossSalesPriceAmt>
        <BasisAmt>30368</BasisAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>-19693</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>TIFF Private Equity K-1</AssetDesc>
        <AcquiredDt>2015-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2015-12</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>Jerome Grace Murray Foundation</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>27</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>27</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>TIFF Private Equity K-1</AssetDesc>
        <AcquiredDt>2014-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2015-12</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>Jerome Grace Murray Foundation</PersonNm>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>486</GrossSalesPriceAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>486</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>TIFF Secondary Partners K-1</AssetDesc>
        <AcquiredDt>2014-01</AcquiredDt>
        <HowAcquiredTxt>P</HowAcquiredTxt>
        <SoldDt>2015-12</SoldDt>
        <PurchaserNameGrp>
          <PersonNm>Jerome Grace Murray Foundation</PersonNm>
        </PurchaserNameGrp>
        <BasisAmt>29954</BasisAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>-29954</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <GeneralExplanationAttachment documentId="990PF:123" softwareId="15000290" softwareVersionNum="15.3.0.0"></GeneralExplanationAttachment>
    <InvestmentsCorpStockSchedule documentId="990PF:89" softwareId="15000290" softwareVersionNum="15.3.0.0">
      <InvestmentsCorporateStockGrp>
        <StockNm>ML 2BL-04001 Stmt A</StockNm>
        <EOYBookValueAmt>9016385</EOYBookValueAmt>
        <EOYFMVAmt>8028935</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ML 2BL-04072 Stmt A</StockNm>
        <EOYBookValueAmt>4455372</EOYBookValueAmt>
        <EOYFMVAmt>6118636</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TIFF Secondary Partners 1 Partnership</StockNm>
        <EOYBookValueAmt>141260</EOYBookValueAmt>
        <EOYFMVAmt>141260</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ML 2BL-02070 Stmt A</StockNm>
        <EOYBookValueAmt>233162</EOYBookValueAmt>
        <EOYFMVAmt>260721</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TIFF PEP Partnership</StockNm>
        <EOYBookValueAmt>107980</EOYBookValueAmt>
        <EOYFMVAmt>107980</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherAssetsSchedule documentId="990PF:81" softwareId="15000290" softwareVersionNum="15.3.0.0"></OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="990PF:79" softwareId="15000290" softwareVersionNum="15.3.0.0">
      <OtherExpensesScheduleGrp>
        <Desc>Miscellaneous Expenses</Desc>
        <RevenueAndExpensesPerBooksAmt>1</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office Expense Furniture, Maintenance Supplies</Desc>
        <RevenueAndExpensesPerBooksAmt>723</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>723</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Office Expense - Computer Software Repairs</Desc>
        <RevenueAndExpensesPerBooksAmt>1994</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1994</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Postage</Desc>
        <RevenueAndExpensesPerBooksAmt>282</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>282</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Telephone</Desc>
        <RevenueAndExpensesPerBooksAmt>1850</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1850</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Bank Service Charges</Desc>
        <RevenueAndExpensesPerBooksAmt>45</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>45</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Portfolio Expense From TIFF K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>4294</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4294</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Portfolio Expense From TIFF PEP K-1</Desc>
        <RevenueAndExpensesPerBooksAmt>7859</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>7859</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Insurance</Desc>
        <RevenueAndExpensesPerBooksAmt>425</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>425</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="990PF:74" softwareId="15000290" softwareVersionNum="15.3.0.0">
      <OtherIncomeDetail>
        <Desc>Net rental real estate income from TIFF PEP Partnership</Desc>
        <RevenueAndExpensesPerBooksAmt>22</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>22</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Other portfolio income from TIFF PEP Partnership</Desc>
        <RevenueAndExpensesPerBooksAmt>1448</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1448</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Other income from TIFF PEP Partnership</Desc>
        <RevenueAndExpensesPerBooksAmt>-857</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-857</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Ordinary Income from TIFF PEP Partnership</Desc>
        <RevenueAndExpensesPerBooksAmt>4</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Royalties from TIFF PEP Partnership</Desc>
        <RevenueAndExpensesPerBooksAmt>251</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>251</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>Tax Refund</Desc>
        <RevenueAndExpensesPerBooksAmt>8500</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>TIFF Private Equity Partnership Sec 1231 Gain</Desc>
        <RevenueAndExpensesPerBooksAmt>89</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>89</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="990PF:132" softwareId="15000290" softwareVersionNum="15.3.0.0">
      <OtherIncreasesDetail>
        <Desc>Unrealized Gain/Loss Different from Book</Desc>
        <Amt>-235616</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="990PF:77" softwareId="15000290" softwareVersionNum="15.3.0.0">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>Merrill Lynch Management Fees</CategoryTxt>
        <Amt>63707</Amt>
        <NetInvestmentIncomeAmt>63707</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="990PF:78" softwareId="15000290" softwareVersionNum="15.3.0.0">
      <TaxesDetail>
        <CategoryTxt>Excise taxes net</CategoryTxt>
        <Amt>329</Amt>
        <NetInvestmentIncomeAmt>329</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Payroll taxes</CategoryTxt>
        <Amt>4641</Amt>
        <NetInvestmentIncomeAmt>4641</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>State Taxes withheld TIFF PEP K-1</CategoryTxt>
        <Amt>2</Amt>
        <NetInvestmentIncomeAmt>2</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>