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        <NetInvestmentIncomePctAmt>198137</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>21519066</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>5090091</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>396273</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>396273</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>396273</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>282918</EstimatedPlusOvpmtIncmTxAmt>
        <AppliedToEsTaxAmt>125000</AppliedToEsTaxAmt>
        <TotalPaymentsAndCreditsAmt>407918</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>11645</OverpaymentAmt>
        <AppliedToESTaxAmt>11645</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>CO</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>www.malonefamilyfoundation.org</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>MARRS SEVIER &amp; COMPANY LLC</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>3039226654</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>230 S HOLLAND STREET</AddressLine1Txt>
          <CityNm>Lakewood</CityNm>
          <StateAbbreviationCd>CO</StateAbbreviationCd>
          <ZIPCd>80226</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>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <ProceedsOrNetIncomeInd>false</ProceedsOrNetIncomeInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JOHN C MALONE</PersonNm>
          <USAddress>
            <AddressLine1Txt>12300 LIBERTY BLVD</AddressLine1Txt>
            <CityNm>ENGLEWOOD</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80112</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT, TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.8</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>TRACY LEE AMONETTE</PersonNm>
          <USAddress>
            <AddressLine1Txt>12300 LIBERTY BLVD</AddressLine1Txt>
            <CityNm>ENGLEWOOD</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80112</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.1</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>LESLIE A MALONE</PersonNm>
          <USAddress>
            <AddressLine1Txt>12300 LIBERTY BLVD</AddressLine1Txt>
            <CityNm>ENGLEWOOD</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80112</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.1</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>EVAN MALONE</PersonNm>
          <USAddress>
            <AddressLine1Txt>12300 LIBERTY BLVD</AddressLine1Txt>
            <CityNm>ENGLEWOOD</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80112</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.1</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>CATHIE WLASCHIN</PersonNm>
          <USAddress>
            <AddressLine1Txt>12300 LIBERTY BLVD</AddressLine1Txt>
            <CityNm>ENGLEWOOD</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80112</ZIPCd>
          </USAddress>
          <TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>30.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>105000</CompensationAmt>
          <EmployeeBenefitsAmt>11691</EmployeeBenefitsAmt>
        </CompensationHighestPaidEmplGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>NONE</Description1Txt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>149103585</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>10026087</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>159129672</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>159129672</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>2386945</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>156742727</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>7837136</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>7837136</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>396273</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>396273</TotalTaxAmt>
        <DistributableBeforeAdjAmt>7440863</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>7440863</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>7440863</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>5090091</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>5090091</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>5090091</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>7440863</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <PriorYear1Yr>2012</PriorYear1Yr>
        <PriorYear2Yr>2011</PriorYear2Yr>
        <PriorYear3Yr>2010</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>1247725</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>1501348</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>26176414</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>15302644</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>5695479</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>49923610</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>5090091</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>5090091</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>2350772</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>2350772</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>47572838</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>47572838</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>398301</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>26176414</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>15302644</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>5695479</ExcessFromYear1Amt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <ContributingManagerNm>JOHN C MALONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PULASKI ACADEMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>12701 HINSON ROAD</AddressLine1Txt>
            <CityNm>LITTLE ROCK</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>72212</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>95000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RIVERSTONE INTERNATIONAL SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5521 WARM SPRINGS AVENUE</AddressLine1Txt>
            <CityNm>BOISE</CityNm>
            <StateAbbreviationCd>ID</StateAbbreviationCd>
            <ZIPCd>83716</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>110000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ROCKY MOUNTAIN HUMAN SERVICES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>10375 E HARVARD AVE STE 400</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80231</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>OPERATION TBI FREEDOM</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DSST PUBLIC SCHOOLS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3401 QUEBEC ST STE 7200</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80207</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>2044994</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CATO INSTITUTE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1000 MASSACHUSETTS AVE NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20001</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>1504800</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DSST PUBLIC SCHOOLS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3401 QUEBEC ST STE 7200</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80207</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COLORADO SYMPHONY ORCHESTRA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1000 14TH ST 15</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80202</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SYRACUSE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>820 COMSTOCK AVE STE 214</AddressLine1Txt>
            <CityNm>SYRACUSE</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13244</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>503859</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MARET SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3000 CATHEDRAL AVE NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20008</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>370000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE ARBOR SCHOOL OF CENTRAL FLORIDA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1010 SPRING VILLAS POINTE</AddressLine1Txt>
            <CityNm>WINTER SPRINGS</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32708</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL GRANT</GrantOrContributionPurposeTxt>
          <Amt>156450</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>5085103</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2627367</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>21151152</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>23778519</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>23778519</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>MARRS, SEVIER &amp; COMPANY LLC</CategoryTxt>
        <Amt>9300</Amt>
        <NetInvestmentIncomeAmt>6975</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2325</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch">
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTERS</PropertyDesc>
        <AcquiredDt>2000-02-29</AcquiredDt>
        <CostOrOtherBasisAmt>5040</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5040</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M5</ComputationMethodTxt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SOFTWARE</PropertyDesc>
        <AcquiredDt>2000-02-29</AcquiredDt>
        <CostOrOtherBasisAmt>11200</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>11199</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>3</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SOFTWARE</PropertyDesc>
        <AcquiredDt>2001-03-15</AcquiredDt>
        <CostOrOtherBasisAmt>1377</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1377</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>3</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WEB DESIGN</PropertyDesc>
        <AcquiredDt>2001-03-15</AcquiredDt>
        <CostOrOtherBasisAmt>12000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>12000</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>3</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>DELL LP/MONITOR</PropertyDesc>
        <AcquiredDt>2002-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>2152</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2152</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M5</ComputationMethodTxt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PRINT COPY SCAN FX</PropertyDesc>
        <AcquiredDt>2005-04-30</AcquiredDt>
        <CostOrOtherBasisAmt>393</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>393</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M5</ComputationMethodTxt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>DELL COMPUTER</PropertyDesc>
        <AcquiredDt>2008-10-01</AcquiredDt>
        <CostOrOtherBasisAmt>1853</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1853</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M5</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsCorpBondsSchedule documentId="InvestCorpBondsSch">
      <InvestmentsCorporateBondsGrp>
        <BondNm>CABLEVISION SYS 7.755</BondNm>
        <EOYBookValueAmt>3047433</EOYBookValueAmt>
        <EOYFMVAmt>3300000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TOTAL</BondNm>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>LBRDA</StockNm>
        <EOYBookValueAmt>1475161</EOYBookValueAmt>
        <EOYFMVAmt>2542568</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LBRDK</StockNm>
        <EOYBookValueAmt>2850458</EOYBookValueAmt>
        <EOYFMVAmt>4928244</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LBRKR</StockNm>
        <EOYBookValueAmt>184925</EOYBookValueAmt>
        <EOYFMVAmt>284402</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LMCA</StockNm>
        <EOYBookValueAmt>4952911</EOYBookValueAmt>
        <EOYFMVAmt>7161327</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LMCK</StockNm>
        <EOYBookValueAmt>7750262</EOYBookValueAmt>
        <EOYFMVAmt>12363348</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>STARZA</StockNm>
        <EOYBookValueAmt>3610206</EOYBookValueAmt>
        <EOYFMVAmt>9103050</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ABBOTT LABS</StockNm>
        <EOYBookValueAmt>867374</EOYBookValueAmt>
        <EOYFMVAmt>1003946</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ACE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ACTAVIS</StockNm>
        <EOYBookValueAmt>1913183</EOYBookValueAmt>
        <EOYFMVAmt>2213726</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALLERGAN</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMAZON</StockNm>
        <EOYBookValueAmt>1384425</EOYBookValueAmt>
        <EOYFMVAmt>1443128</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICAN EXPRESS</StockNm>
        <EOYBookValueAmt>1415282</EOYBookValueAmt>
        <EOYFMVAmt>1423512</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICAN TOWER</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ANHEUSER BUSCH</StockNm>
        <EOYBookValueAmt>1413176</EOYBookValueAmt>
        <EOYFMVAmt>1370304</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE</StockNm>
        <EOYBookValueAmt>631474</EOYBookValueAmt>
        <EOYFMVAmt>993420</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANCO BILBAO</StockNm>
        <EOYBookValueAmt>1383172</EOYBookValueAmt>
        <EOYFMVAmt>1108020</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANCO BILBAO RIGHTS</StockNm>
        <EOYBookValueAmt>11800</EOYBookValueAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANK OF AMERICA</StockNm>
        <EOYBookValueAmt>1868411</EOYBookValueAmt>
        <EOYFMVAmt>1928542</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BAXTER INT'L</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BB&amp;T</StockNm>
        <EOYBookValueAmt>3030983</EOYBookValueAmt>
        <EOYFMVAmt>3146201</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BLACKROCK</StockNm>
        <EOYBookValueAmt>2710429</EOYBookValueAmt>
        <EOYFMVAmt>3218040</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BLACKROCK</StockNm>
        <EOYBookValueAmt>1431156</EOYBookValueAmt>
        <EOYFMVAmt>1430240</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CALPINE</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CBS CORP</StockNm>
        <EOYBookValueAmt>3422000</EOYBookValueAmt>
        <EOYFMVAmt>3209720</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CDN PAC RLWAY</StockNm>
        <EOYBookValueAmt>710280</EOYBookValueAmt>
        <EOYFMVAmt>655146</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CENTRUY LINK</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHEVRON</StockNm>
        <EOYBookValueAmt>1979522</EOYBookValueAmt>
        <EOYFMVAmt>1772444</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHEVRON</StockNm>
        <EOYBookValueAmt>3597140</EOYBookValueAmt>
        <EOYFMVAmt>3219566</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DIAGEO PLC</StockNm>
        <EOYBookValueAmt>908604</EOYBookValueAmt>
        <EOYFMVAmt>924129</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EATON</StockNm>
        <EOYBookValueAmt>1846020</EOYBookValueAmt>
        <EOYFMVAmt>1977636</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GOOGLE</StockNm>
        <EOYBookValueAmt>996337</EOYBookValueAmt>
        <EOYFMVAmt>1167452</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GROUPO TELEVISA</StockNm>
        <EOYBookValueAmt>1410494</EOYBookValueAmt>
        <EOYFMVAmt>1403272</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HDFC BANK</StockNm>
        <EOYBookValueAmt>938636</EOYBookValueAmt>
        <EOYFMVAmt>933800</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HEWLETT PACKARD</StockNm>
        <EOYBookValueAmt>3089592</EOYBookValueAmt>
        <EOYFMVAmt>3210400</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HONDA</StockNm>
        <EOYBookValueAmt>1414813</EOYBookValueAmt>
        <EOYFMVAmt>1319544</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HONEYWELL</StockNm>
        <EOYBookValueAmt>3288022</EOYBookValueAmt>
        <EOYFMVAmt>3763287</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JP MORGAN</StockNm>
        <EOYBookValueAmt>4911239</EOYBookValueAmt>
        <EOYFMVAmt>5927578</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JP MORGAN</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KANSAS CITY SOUHTERN</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KINDERMORGAN</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KRAFT</StockNm>
        <EOYBookValueAmt>2289402</EOYBookValueAmt>
        <EOYFMVAmt>2581592</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>L BRANDS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LYONDELLBASELL IND</StockNm>
        <EOYBookValueAmt>1383913</EOYBookValueAmt>
        <EOYFMVAmt>1595739</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MACYS</StockNm>
        <EOYBookValueAmt>3698443</EOYBookValueAmt>
        <EOYFMVAmt>4069925</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MARATHON</StockNm>
        <EOYBookValueAmt>3738380</EOYBookValueAmt>
        <EOYFMVAmt>3583322</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MARSH MCLENNAN</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MASTERCARD</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>METLIFE</StockNm>
        <EOYBookValueAmt>934909</EOYBookValueAmt>
        <EOYFMVAmt>935757</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MONDOLEZ</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MONSANTO</StockNm>
        <EOYBookValueAmt>1427420</EOYBookValueAmt>
        <EOYFMVAmt>1409746</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NOBLE</StockNm>
        <EOYBookValueAmt>1409757</EOYBookValueAmt>
        <EOYFMVAmt>1190493</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OCCIDENTAL</StockNm>
        <EOYBookValueAmt>1482701</EOYBookValueAmt>
        <EOYFMVAmt>1596078</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ORACLE</StockNm>
        <EOYBookValueAmt>1690655</EOYBookValueAmt>
        <EOYFMVAmt>2540805</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PEPSICO</StockNm>
        <EOYBookValueAmt>605536</EOYBookValueAmt>
        <EOYFMVAmt>671376</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PFIZER</StockNm>
        <EOYBookValueAmt>2989327</EOYBookValueAmt>
        <EOYFMVAmt>3205335</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PHILLIP MORRIS</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PRUDENTIAL</StockNm>
        <EOYBookValueAmt>1784272</EOYBookValueAmt>
        <EOYFMVAmt>2008212</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RAYTHEON</StockNm>
        <EOYBookValueAmt>1406416</EOYBookValueAmt>
        <EOYFMVAmt>1373759</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RUSSELL MIDCAP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SCHLUMBERGER</StockNm>
        <EOYBookValueAmt>1831008</EOYBookValueAmt>
        <EOYFMVAmt>2032758</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SEMPRA ENERGY</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SUMITOMO MITSUI</StockNm>
        <EOYBookValueAmt>1892567</EOYBookValueAmt>
        <EOYFMVAmt>1809808</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SYMANTEC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TARGET</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>THERMO FISHER</StockNm>
        <EOYBookValueAmt>742432</EOYBookValueAmt>
        <EOYFMVAmt>1002320</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TYCO</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNION PACIFIC</StockNm>
        <EOYBookValueAmt>988616</EOYBookValueAmt>
        <EOYFMVAmt>3812160</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNITED TECH</StockNm>
        <EOYBookValueAmt>481211</EOYBookValueAmt>
        <EOYFMVAmt>1035000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNITEDHEALTH CARE</StockNm>
        <EOYBookValueAmt>1784060</EOYBookValueAmt>
        <EOYFMVAmt>2335179</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VODAFONE</StockNm>
        <EOYBookValueAmt>704625</EOYBookValueAmt>
        <EOYFMVAmt>676566</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WALT DISNEY</StockNm>
        <EOYBookValueAmt>642050</EOYBookValueAmt>
        <EOYFMVAmt>668749</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WELLS FARGO</StockNm>
        <EOYBookValueAmt>1620568</EOYBookValueAmt>
        <EOYFMVAmt>3146668</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>XL GROUP</StockNm>
        <EOYBookValueAmt>3561986</EOYBookValueAmt>
        <EOYFMVAmt>3351898</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvOtherSch2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>KLEINER PERKINS CAUFIELD</CategoryOrItemTxt>
        <BookValueAmt>313633</BookValueAmt>
        <EOYFMVAmt>192388</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="LandEtcSch2">
      <LandEtcGrp>
        <CategoryOrItemTxt>COMPUTERS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>5040</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>5040</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>SOFTWARE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>11200</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>11199</AccumulatedDepreciationAmt>
        <BookValueAmt>1</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>SOFTWARE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1377</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1377</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>WEB DESIGN</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>12000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>12000</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>DELL LP/MONITOR</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2152</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2152</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>PRINT COPY SCAN FX</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>393</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>393</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>DELL COMPUTER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1853</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>1853</AccumulatedDepreciationAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="LegalFeesSch">
      <LegalFeesGrp>
        <CategoryTxt>SHERMAN &amp; HOWARD</CategoryTxt>
        <LegalFeesAmt>10652</LegalFeesAmt>
        <NetInvestmentIncomeAmt>7989</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2663</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>DUES &amp; SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>1570</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1570</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE - LIABILITY</Desc>
        <RevenueAndExpensesPerBooksAmt>2200</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2200</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INTERNET</Desc>
        <RevenueAndExpensesPerBooksAmt>1084</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1084</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ACCOUNT MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>1292940</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1292940</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OVERHEAD</Desc>
        <RevenueAndExpensesPerBooksAmt>125686</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>125686</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>158</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>158</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>1387</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1387</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>186</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>186</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>KLEINER PERKINS-PASS THRU</Desc>
        <RevenueAndExpensesPerBooksAmt>476</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>476</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>KLEINER PERKINS OTHER INC FROM SCH K-1</Desc>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSch">
      <OtherIncreasesDetail>
        <Desc>ROUNDING</Desc>
        <Amt>2</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabSch">
      <OtherLiabilitiesDetail>
        <Desc>OPTIONS</Desc>
        <BOYBookValueAmt>247724</BOYBookValueAmt>
        <EOYBookValueAmt>103218</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX EXPENSE</CategoryTxt>
        <Amt>332000</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>