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          <RecipientBusinessName>
            <BusinessNameLine1>CITY COLLEGE OF NEW YORK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>160 CONVENT AVENUE</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10031</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FOR DONEE'S EXEMPT PURPOSE</GrantOrContributionPurposeTxt>
          <Amt>762000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>KATONAH VILLAGE LIBRARY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>28 BEDFORD ROAD</AddressLine1>
            <City>KATONAH</City>
            <State>NY</State>
            <ZIPCode>10536</ZIPCode>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <Amt>2500</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>LEGAL INFORMATION FOR FAMILIES TODAY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>32 COURT STREET SUITE 1208</AddressLine1>
            <City>BROOKLYN</City>
            <State>NY</State>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <Amt>1000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>LEWISBORO LAND TRUST</BusinessNameLine1>
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          <RecipientUSAddress>
            <AddressLine1>PO BOX 496</AddressLine1>
            <City>SOUTH SALEM</City>
            <State>NY</State>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FOR DONEE'S EXEMPT PURPOSE</GrantOrContributionPurposeTxt>
          <Amt>4743</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>NATIONAL COALITION AGAINST CENSORSHIP</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>19 FULTON STREET ROOM 407</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10038</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FOR DONEE'S EXEMPT PURPOSE</GrantOrContributionPurposeTxt>
          <Amt>225000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>OPEN SPACE INSTITUTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1350 BROADWAY SUITE 201</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10018</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FOR DONEE'S EXEMPT PURPOSE</GrantOrContributionPurposeTxt>
          <Amt>2350</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>UNITED WAY OF WESTCHESTER &amp; PUTNAM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>336 CENTRAL PARK AVENUE</AddressLine1>
            <City>WHITE PLAINS</City>
            <State>NY</State>
            <ZIPCode>106061500</ZIPCode>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FOR DONEE'S EXEMPT PURPOSE</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>WESTCHESTER LAND TRUST INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>403 HARRIS ROAD</AddressLine1>
            <City>BEDFORD HILLS</City>
            <State>NY</State>
            <ZIPCode>10507</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FOR DONEE'S EXEMPT PURPOSE</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>WESTPORT COUNTRY PLAYHOUSE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>25 POWERS CT</AddressLine1>
            <City>WESTPORT</City>
            <State>CT</State>
            <ZIPCode>06880</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FOR DONEE'S EXEMPT PURPOSE</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
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        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
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      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>37</ExclusionAmt>
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        <DivAndIntFromSecPartVIIGrp>
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          <ExclusionCd>18</ExclusionCd>
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        </GainSalesAstOthThanInvntryGrp>
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          <Desc>OTHER INCOME THRU BHL CAPITAL LLC</Desc>
          <ExclusionCd>01</ExclusionCd>
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        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>-1480152</ExclusionAmt>
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        </SubtotalsIncmProducingActyGrp>
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      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
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        <ContributorUSAddress>
          <AddressLine1>30 ROCK SHELTER ROAD PO BOX 293</AddressLine1>
          <City>WACCABUC</City>
          <State>NY</State>
          <ZIPCode>10597</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>4393197</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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        <DisbursementsCharitablePrpsAmt>3826</DisbursementsCharitablePrpsAmt>
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      <USGovtObligationsEOYFMVAmt>943676</USGovtObligationsEOYFMVAmt>
      <StateLocalSecBookVlEOYAmt>0</StateLocalSecBookVlEOYAmt>
      <StateLocalSecEOYFMVAmt>0</StateLocalSecEOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ULYSESS OFFSHORE FUND</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>10000000</BookValueAmt>
        <EOYFMVAmt>18485998</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>BHL CAPITAL LLC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>28855621</BookValueAmt>
        <EOYFMVAmt>30171476</EOYFMVAmt>
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      <OtherDecreasesDetail>
        <Description>COST BASIS ADJUSTMENT ON BHL CAPITAL LLC</Description>
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    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>FILING FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>750</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>750</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>150</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>150</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>DEDUCTIONS THRU BHL CAPITAL LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>181962</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>181962</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>DEDUCTIONS THRU ESTATE OF S JAY LEVY</Desc>
        <RevenueAndExpensesPerBooksAmt>478373</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>478373</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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    </OtherExpensesSchedule>
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      <OtherIncomeDetail>
        <Desc>OTHER INCOME THRU BHL CAPITAL LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>92577</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>92577</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>92577</AdjustedNetIncomeAmt>
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    <SubstantialContributorsSch documentId="RetDoc2089200001">
      <SubstantialContributorDetail>
        <BusinessName>
          <BusinessNameLine1>ESTATE OF S JAY LEVY</BusinessNameLine1>
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        <USAddress>
          <AddressLine1>30 ROCK SHELTER ROAD PO BOX 293</AddressLine1>
          <City>WACCABUC</City>
          <State>NY</State>
          <ZIPCode>10597</ZIPCode>
        </USAddress>
      </SubstantialContributorDetail>
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      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAX</CategoryTxt>
        <Amt>8500</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX PAID - BHL CAPITAL LLC</CategoryTxt>
        <Amt>199</Amt>
        <NetInvestmentIncomeAmt>199</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>