﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" returnVersion="2024v5.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-11-13T11:20:34-05:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>454646793</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>KEVIN EFORDYCE</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>3588 STARLING DR</AddressLine1Txt>
        <CityNm>FRISCO</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>75034</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>330592374</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>ZEE FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% GEORGE YEN</InCareOfNm>
      <BusinessNameControlTxt>ZEEF</BusinessNameControlTxt>
      <PhoneNum>3105495400</PhoneNum>
      <USAddress>
        <AddressLine1Txt>4001 VIA ORO STE 210</AddressLine1Txt>
        <CityNm>LONG BEACH</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>90810</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>GEORGE YEN</PersonNm>
      <PersonTitleTxt>SECRETARYCFO</PersonTitleTxt>
      <PhoneNum>3105495400</PhoneNum>
      <SignatureDt>2025-11-02</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>KEVIN E FORDYCE CPA</PreparerPersonNm>
      <PTIN>P01469246</PTIN>
      <PhoneNum>4699807400</PhoneNum>
      <PreparationDt>2025-11-13</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>23952795</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>107</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>107</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>107</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>371258</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>371258</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>371258</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>2678095</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>13146515</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>2678095</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>3049460</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>3049460</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>371365</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">17456</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>4364</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>13092</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OtherProfessionalFeesSchedule">395638</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>395638</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">11608</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>11608</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedul-133-Copy1">1733</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>903</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>830</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>426435</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>412513</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>13922</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>1067200</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>1067200</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>1493635</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>412513</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>1081122</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>1555825</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>2636947</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>371365</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>701908</CashBOYAmt>
        <CashEOYAmt>1586187</CashEOYAmt>
        <CashEOYFMVAmt>1586187</CashEOYFMVAmt>
        <OtherInvestmentsBOYAmt>23728820</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2">22366608</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>22366608</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>24430728</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>23952795</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>23952795</TotalAssetsEOYFMVAmt>
        <AccountsPayableBOYAmt>17000</AccountsPayableBOYAmt>
        <AccountsPayableEOYAmt>455</AccountsPayableEOYAmt>
        <MortgagesAndNotesPayableBOYAmt>300000</MortgagesAndNotesPayableBOYAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="OtherLiabilitiesSchedule">987343</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt>79222</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>1304343</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>79677</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>23126385</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>23873118</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>23126385</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>23873118</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>24430728</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>23952795</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>23126385</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>1555825</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>24682210</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSchedule">809092</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>23873118</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ST LOSS ON INVESTMENT - UBS 74774</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2024-01-01</AcquiredDt>
          <SoldDt>2024-12-31</SoldDt>
          <GrossSalesPriceAmt>786269</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1015631</CostOrOtherBasisAmt>
          <GainOrLossAmt>-229362</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-229362</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LT GAIN ON INVESTMENT - UBS 74774</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-01</AcquiredDt>
          <SoldDt>2024-12-31</SoldDt>
          <GrossSalesPriceAmt>7435455</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5243684</CostOrOtherBasisAmt>
          <GainOrLossAmt>2191771</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2191771</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ST LOSS ON INVESTMENT - UBS 28444</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2024-01-01</AcquiredDt>
          <SoldDt>2024-12-31</SoldDt>
          <GrossSalesPriceAmt>1843450</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1852378</CostOrOtherBasisAmt>
          <GainOrLossAmt>-8928</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-8928</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LT GAIN ON INVESTMNET - UBS 28444</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-01</AcquiredDt>
          <SoldDt>2024-12-31</SoldDt>
          <GrossSalesPriceAmt>3081341</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2356727</CostOrOtherBasisAmt>
          <GainOrLossAmt>724614</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>724614</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>2678095</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>-238290</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>36654</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>36654</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>36654</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>41671</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>41671</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>5017</OverpaymentAmt>
        <AppliedToESTaxAmt>5017</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <IndividualWithBooksNm>TIEN P ZEE</IndividualWithBooksNm>
        <PhoneNum>3105495400</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>4001 VIA ORO Ste 210</AddressLine1Txt>
          <CityNm>LONG BEACH</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>90810</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</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>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>TIEN P ZEE</PersonNm>
          <USAddress>
            <AddressLine1Txt>4001 VIA ORO STE 210</AddressLine1Txt>
            <CityNm>LONG BEACH</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90810</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GEORGE YEN</PersonNm>
          <USAddress>
            <AddressLine1Txt>4001 VIA ORO STE 210</AddressLine1Txt>
            <CityNm>LONG BEACH</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90810</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARYCFO</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JINLY ZEE</PersonNm>
          <USAddress>
            <AddressLine1Txt>4001 VIA ORO STE 210</AddressLine1Txt>
            <CityNm>LONG BEACH</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90810</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JINSEN ZEE</PersonNm>
          <USAddress>
            <AddressLine1Txt>4001 VIA ORO STE 210</AddressLine1Txt>
            <CityNm>LONG BEACH</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90810</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName referenceDocumentId="CompensationExpla-329-51-Copy1">
            <BusinessNameLine1Txt>UBS FINANCIAL SERVICES INC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>555 CALIFORNIA STREET 34TH FLOOR</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94104</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>MANAGEMENT FEE</ServiceTypeTxt>
          <CompensationAmt>395638</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>NA</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>NA</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>23473308</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>1082972</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>24556280</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>24556280</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>368344</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>24187936</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>1209397</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>1209397</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>36654</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>36654</TotalTaxAmt>
        <DistributableBeforeAdjAmt>1172743</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>1172743</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>1172743</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>1081122</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>1081122</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>1172743</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>1022657</UndistributedIncomePYAmt>
        <PriorYear1Yr>2019</PriorYear1Yr>
        <PriorYear2Yr>2018</PriorYear2Yr>
        <PriorYear3Yr>2017</PriorYear3Yr>
        <QualifyingDistributionsAmt>1081122</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>1022657</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>58465</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>1114278</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>INTL SOCIETY ORTHOMOLECULAR MEDICI</RecipientPersonNm>
          <RecipientForeignAddress>
            <AddressLine1Txt>PO BOX 99517</AddressLine1Txt>
            <CityNm>TORONTO</CityNm>
            <ProvinceOrStateNm>ONTARIO</ProvinceOrStateNm>
            <CountryCd>CA</CountryCd>
            <ForeignPostalCd>M4B</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ISOM PROFESSIONAL EDUCATION PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>LB POLY HS BOYS VOLLEYBALL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4212 PIXIE AVENUE</AddressLine1Txt>
            <CityNm>LAKEWOOD</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90712</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT LONG BEACH POLYS MUSIC PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ASIAN PACIFIC ISLANDER CULTURAL CTR</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>934 BRANNON STREET</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94103</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>BUILDING COMMUNITY THROUGH THE ARTS</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BOYS GIRLS CLUB OF LONG BEACH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3635 LONG BEACH BLVD</AddressLine1Txt>
            <CityNm>LONG BEACH</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90807</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>AFTER SCHOOL CARE AND SUMMER PROGRAMS FOR YOUTH</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CLASSICAL KUSC FM 915</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1149 SOUTH HILL STE H100</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90015</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT CLASSICAL MUSIC PUBLIC RADIO</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>FIRST UNITED METHODIST CHURCH WILMI</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>928 LAGOON AVENUE</AddressLine1Txt>
            <CityNm>WILMINGTON</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90744</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHURCH CHARITABLE DONATION</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>WORLD MISSION INC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4200 ALPINE AVENUE</AddressLine1Txt>
            <CityNm>COMSTOCK PARK</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>49321</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>BIBLE MINISTRY REACHING OUT TO THE WORLD</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>HERALD CANCER ASSOCIATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>715 E MISSON ROAD</AddressLine1Txt>
            <CityNm>SAN GABRIEL</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91776</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CANCER PATIENT SERVICES AND PREVENTION AWARENESS</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>PALOS VERDES PENINSULA LAND CONSERV</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>916 SILVER SPUR ROAD</AddressLine1Txt>
            <CityNm>PALOS VERDES PENINSULA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90274</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>LAND PRESERVATION FOR ECOLOGICAL PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>WHITTIER COLLEGE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>13406 E PHILADELPHIA STREET</AddressLine1Txt>
            <CityNm>WHITTIER</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90602</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT INTEX FELLOWSHIP &amp; WHITTIER WORKS PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>250000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>PROVIDENCE LITTLE COMPANY OF MARY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1300 WEST 7TH STREET</AddressLine1Txt>
            <CityNm>SAN PEDRO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90732</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>WOMEN AND CHILDRENS HEALTH SERVICES CAMPAIGN</GrantOrContributionPurposeTxt>
          <Amt>55000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>GIVE 2 ASIA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2201 BROADWAY 4TH FLOOR</AddressLine1Txt>
            <CityNm>OAKLAND</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94612</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHINESE STUDIES PROG AT AMERICAN SCHOOL IN JAPAN</GrantOrContributionPurposeTxt>
          <Amt>70000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>FONTANA BOYS AND GIRLS CLUB</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>7723 ALMERIA AVE</AddressLine1Txt>
            <CityNm>FONTANA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92336</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ACADEMIC SPORTS AND FITNES PROGAMS FOR YOUTH</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>WATER OF LIFE COMMUNITY CHURCH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>14418 MILLER AVE</AddressLine1Txt>
            <CityNm>FONTANA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92336</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>TO SUPPORT HOMELESSNESS IN FONTANA</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>EDUCATION FOUNDATION OF XIAMEN</RecipientPersonNm>
          <RecipientForeignAddress>
            <AddressLine1Txt>8 STOREY NO 20 HUBIN SOUTH RD</AddressLine1Txt>
            <CityNm>XIAMEN</CityNm>
            <ProvinceOrStateNm>XIAMEN</ProvinceOrStateNm>
            <CountryCd>CH</CountryCd>
            <ForeignPostalCd>361004</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>LABORATORY CONSTRUCTION STEM LEARNING AND ARTS</GrantOrContributionPurposeTxt>
          <Amt>218700</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>TIACAN FUQIAO MIDDLE SCHOOL</RecipientPersonNm>
          <RecipientForeignAddress>
            <AddressLine1Txt>7 ZHENZHONG RD TAI CANG SHI</AddressLine1Txt>
            <CityNm>JIANG SU SHENG</CityNm>
            <ProvinceOrStateNm>JIAN SU CHENG</ProvinceOrStateNm>
            <CountryCd>CH</CountryCd>
            <ForeignPostalCd>215434</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SMART CLASSROOMS AND ARTIFICIAL INTELLIGENCE</GrantOrContributionPurposeTxt>
          <Amt>68700</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>TONG JUE TEMPLE OF TAICANG</RecipientPersonNm>
          <RecipientForeignAddress>
            <AddressLine1Txt>5 RING ROAD TAICANG SUZHOU</AddressLine1Txt>
            <CityNm>JIANGSU</CityNm>
            <ProvinceOrStateNm>JIANGSU</ProvinceOrStateNm>
            <CountryCd>CH</CountryCd>
            <ForeignPostalCd>215435</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>RENOVATION OF HUIQUAN LIBRARY IN TEMPLE</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SUZHOU EDUCATION DEVELOPMENT FNDN</RecipientPersonNm>
          <RecipientForeignAddress>
            <AddressLine1Txt>77 YUNHE RD</AddressLine1Txt>
            <CityNm>SUZHOU</CityNm>
            <ProvinceOrStateNm>SUZHOU</ProvinceOrStateNm>
            <CountryCd>CH</CountryCd>
            <ForeignPostalCd>215000</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ENCOURAGE EXCELLENCE IN TEACHING AND LEARNING</GrantOrContributionPurposeTxt>
          <Amt>29800</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>LONG BEACH RESCUE MISSION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1430 PACIFIC AVE</AddressLine1Txt>
            <CityNm>LONG BEACH</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90813</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>HOUSING AND MEALS FOR THE HOMELESS</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>THE STANFORD FUND</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 20466</AddressLine1Txt>
            <CityNm>PALO ALTO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94309</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UNDERGRADUATE STUDENT EXPERIENCE ENRICHMENT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1067200</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>107</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>371258</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>2678095</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>3049460</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>3049460</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">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>17456</Amt>
        <NetInvestmentIncomeAmt>4364</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>13092</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <ContractorCompensationExpln documentId="STMC01">
      <ContractorCompExplnGrp>
        <ContractorBusinessName>
          <BusinessNameLine1Txt>UBS FINANCIAL SERVICES INC</BusinessNameLine1Txt>
        </ContractorBusinessName>
        <ExplanationTxt>INVESTMENT MANAGEMENT FEES</ExplanationTxt>
      </ContractorCompExplnGrp>
    </ContractorCompensationExpln>
    <ExpenditureResponsibilityStmt documentId="ExpenditureResponsibilityStmt">
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>INT'L SOCIETY FOR ORTHOMOLECULAR ME</BusinessNameLine1Txt>
        </BusinessName>
        <ForeignAddress>
          <AddressLine1Txt>PO BOX 99517 OCONNOR PO</AddressLine1Txt>
          <CityNm>TORONTO</CityNm>
          <ProvinceOrStateNm>ONTARIO</ProvinceOrStateNm>
          <CountryCd>CA</CountryCd>
          <ForeignPostalCd>M4B</ForeignPostalCd>
        </ForeignAddress>
        <GrantAmt>100000</GrantAmt>
        <PurposeOfGrantTxt>CANCER PATIENT SERVICES AND PREVENTION AWARENESS</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>100000</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <ResultsOfVerificationTxt>NONE - ACCURACY AND RELIABILITY NOT IN DOUBT</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>SIZHOU EDUCATION DEVELOPMENT PROGRM</BusinessNameLine1Txt>
        </BusinessName>
        <ForeignAddress>
          <AddressLine1Txt>77 YUNHE ROAD</AddressLine1Txt>
          <CityNm>SUZHOU</CityNm>
          <ProvinceOrStateNm>SUZHOU</ProvinceOrStateNm>
          <CountryCd>CH</CountryCd>
          <ForeignPostalCd>215000</ForeignPostalCd>
        </ForeignAddress>
        <ResultsOfVerificationTxt>NONE - ACCURACY AND RELIABILITY NOT IN DOUBT</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>EDUCATION FOUNDATION OF XIAMEN</BusinessNameLine1Txt>
        </BusinessName>
      </ExpenditureResponsibilityGrp>
    </ExpenditureResponsibilityStmt>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PUBLICLY TRADED SECURITIES</CategoryOrItemTxt>
        <BookValueAmt>22366608</BookValueAmt>
        <EOYFMVAmt>22366608</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherDecreasesSchedule documentId="OtherDecreasesSchedule">
      <OtherDecreasesDetail>
        <Desc>UNREALIZED LOSS</Desc>
        <Amt>809092</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule">
      <OtherExpensesScheduleGrp>
        <Desc>BANK FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>903</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>903</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE AND OTHER EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>830</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>830</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabilitiesSchedule">
      <OtherLiabilitiesDetail>
        <Desc>DEFERRED TAX LIABILITY</Desc>
        <BOYBookValueAmt>89800</BOYBookValueAmt>
        <EOYBookValueAmt>79222</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>BANK OVERDRAFT</Desc>
        <BOYBookValueAmt>897543</BOYBookValueAmt>
        <EOYBookValueAmt>0</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT FEES</CategoryTxt>
        <Amt>395638</Amt>
        <NetInvestmentIncomeAmt>395638</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES</CategoryTxt>
        <Amt>11608</Amt>
        <NetInvestmentIncomeAmt>11608</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>