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          <CostOrOtherBasisAmt>1026663</CostOrOtherBasisAmt>
          <GainOrLossAmt>52715</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>52715</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-01</AcquiredDt>
          <SoldDt>2014-06-30</SoldDt>
          <GrossSalesPriceAmt>486370</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>439798</CostOrOtherBasisAmt>
          <GainOrLossAmt>46572</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>46572</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-01</AcquiredDt>
          <SoldDt>2014-06-30</SoldDt>
          <GrossSalesPriceAmt>198542</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>200628</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2086</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2086</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>772927</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>458038</CostOrOtherBasisAmt>
          <GainOrLossAmt>314889</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>314889</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>1931991</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1016296</CostOrOtherBasisAmt>
          <GainOrLossAmt>915695</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>915695</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>152317</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>165072</CostOrOtherBasisAmt>
          <GainOrLossAmt>-12755</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-12755</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2010-01-01</AcquiredDt>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>67064</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>39468</CostOrOtherBasisAmt>
          <GainOrLossAmt>27596</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>27596</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2010-01-01</AcquiredDt>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>9070</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5897</CostOrOtherBasisAmt>
          <GainOrLossAmt>3173</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3173</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2010-01-01</AcquiredDt>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>835506</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>893331</CostOrOtherBasisAmt>
          <GainOrLossAmt>-57825</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-57825</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>K-1 SALIENT</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-01</AcquiredDt>
          <SoldDt>2014-06-30</SoldDt>
          <CostOrOtherBasisAmt>18408</CostOrOtherBasisAmt>
          <GainOrLossAmt>-18408</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-18408</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-01</AcquiredDt>
          <SoldDt>2014-06-30</SoldDt>
          <GrossSalesPriceAmt>1653908</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1621117</CostOrOtherBasisAmt>
          <GainOrLossAmt>32791</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>32791</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-01</AcquiredDt>
          <SoldDt>2014-06-30</SoldDt>
          <GrossSalesPriceAmt>187476</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>183236</CostOrOtherBasisAmt>
          <GainOrLossAmt>4240</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4240</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>K-1 SALIENT</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>158687</GrossSalesPriceAmt>
          <GainOrLossAmt>158687</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>158687</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>2614136</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1805257</CostOrOtherBasisAmt>
          <GainOrLossAmt>808879</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>808879</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>960425</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>693230</CostOrOtherBasisAmt>
          <GainOrLossAmt>267195</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>267195</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2010-01-01</AcquiredDt>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>43696</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17559</CostOrOtherBasisAmt>
          <GainOrLossAmt>26137</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>26137</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-01</AcquiredDt>
          <SoldDt>2014-06-30</SoldDt>
          <GrossSalesPriceAmt>60691</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>66437</CostOrOtherBasisAmt>
          <GainOrLossAmt>-5746</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-5746</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>21467</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7040</CostOrOtherBasisAmt>
          <GainOrLossAmt>14427</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>14427</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>UBS - SEE ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-12-31</SoldDt>
          <GrossSalesPriceAmt>881461</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>558634</CostOrOtherBasisAmt>
          <GainOrLossAmt>322827</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>322827</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>5364957</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>257594</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>931992</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>49900811</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.018677</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>1250463</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>44030953</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.028400</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>2509368</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>41531639</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.060421</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>445843</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>35058154</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.012717</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>2403052</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>24247601</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.099105</DistributionYr5Rt>
        <TotalDistributionRt>0.219320</TotalDistributionRt>
        <AverageDistributionRt>0.043864</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>61007821</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>2676047</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>65444</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>2741491</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>1416625</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>130887</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>130887</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>130887</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>70000</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>70000</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>60887</TaxDueAmt>
      </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>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>STULLER FAMILY FOUNDATION</IndividualWithBooksNm>
        <PhoneNum>3373945432</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>1213 TERRACE HWY</AddressLine1Txt>
          <CityNm>BROUSSARD</CityNm>
          <StateAbbreviationCd>LA</StateAbbreviationCd>
          <ZIPCd>70518</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>true</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>true</BusinessHoldingsInd>
        <ExcessBusinessHoldingsInd>false</ExcessBusinessHoldingsInd>
        <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>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MATTHEW G STULLER SR</PersonNm>
          <USAddress>
            <AddressLine1Txt>1213 TERRACE HWY</AddressLine1Txt>
            <CityNm>BROUSSARD</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70518</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>WILLIAM P MILLS</PersonNm>
          <USAddress>
            <AddressLine1Txt>302 RUE LOUIS XIV</AddressLine1Txt>
            <CityNm>LAFAYETTE</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70505</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CATHARINE O STULLER</PersonNm>
          <USAddress>
            <AddressLine1Txt>1213 TERRACE HWY</AddressLine1Txt>
            <CityNm>BROUSSARD</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70518</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MICHAEL G DEHART</PersonNm>
          <USAddress>
            <AddressLine1Txt>1213 TERRACE HWY</AddressLine1Txt>
            <CityNm>BROUSSARD</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70518</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>30000</CompensationAmt>
          <EmployeeBenefitProgramAmt>359553</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SCOTT BRAZDA</PersonNm>
          <USAddress>
            <AddressLine1Txt>223 MAPLEWOOD DRIVE</AddressLine1Txt>
            <CityNm>LAFAYETTE</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70503</ZIPCd>
          </USAddress>
          <TitleTxt>EXECUTIVE DI</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>35.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>72692</CompensationAmt>
          <EmployeeBenefitProgramAmt>7721</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>647</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>UBS FINANCIAL SERVICES</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>UBS FINANCIAL SERVICES</BusinessNameLine2Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1000 HARBOR BLVD</AddressLine1Txt>
            <AddressLine2Txt>1000 HARBOR BLVD</AddressLine2Txt>
            <CityNm>WEEHAWKEN</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07086</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVEST ADVISORY</ServiceTypeTxt>
          <CompensationAmt>268433</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>SALIENT MLP TE FUND LP</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>SALIENT MLP TE FUND LP</BusinessNameLine2Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>4265 SAN FELIPE ST 8TH FLOOR</AddressLine1Txt>
            <AddressLine2Txt>4265 SAN FELIPE ST 8TH FLOOR</AddressLine2Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>770272920</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVEST ADVISORY</ServiceTypeTxt>
          <CompensationAmt>67270</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>59875364</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>1639066</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>422444</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>61936874</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>61936874</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>929053</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>61007821</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>3050391</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>3050391</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>130887</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>130887</TotalTaxAmt>
        <DistributableBeforeAdjAmt>2919504</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>2919504</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>2919504</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>1416625</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>1416625</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>1416625</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>2919504</DistributableAsAdjustedAmt>
        <QualifyingDistributionsAmt>1416625</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>1416625</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>1502879</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>SCOTT BRAZDA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1213 TERRACE HWY</AddressLine1Txt>
            <CityNm>BROUSSARD</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70518</ZIPCd>
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          <RecipientPhoneNum>3373945432</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>MUST COMPLETE GRANT APPLICATION</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>MARCH 1, JUNE 1, SEPTEMBER 1, AND DECEMBER 1</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>GRANTS LIMITED TO ORGANIZATIONS LOCATED IN THE 7 PARISHES ADJACENT TO, AND INCLUDING, LAFAYETTE PARISH, LA</RestrictionsOnAwardsTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SEE ATTACHED</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>SEE ATTACHED</AddressLine1Txt>
            <CityNm>SEE ATTACHED</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70518</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1416625</TotalGrantOrContriPdDurYrAmt>
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      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>71958</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>348</RelatedOrExemptFunctionIncmAmt>
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        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1184501</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>5364957</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>K-1 SALIENT</Desc>
          <BusinessCd>900099</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>48</UnrelatedBusinessTaxblIncmAmt>
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        <OtherRevenueDescribedGrp>
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        <OtherRevenueDescribedGrp>
          <Desc>K-1 SALIENT</Desc>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>414973</ExclusionAmt>
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        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>48</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>1672528</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>5365305</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>7037881</TotalIncomeProducingActyAmt>
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      <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>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>MATTHEW G STULLER SR</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>1213 TERRACE HIGHWAY</AddressLine1Txt>
          <CityNm>BROUSSARD</CityNm>
          <StateAbbreviationCd>LA</StateAbbreviationCd>
          <ZIPCd>70518</ZIPCd>
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        <TotalContributionsAmt>3056414</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>MARKETABLE SECURITIES</NoncashPropertyDesc>
        <FairMarketValueAmt>3056414</FairMarketValueAmt>
        <ReceivedDt>2014-12-31</ReceivedDt>
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    <AccountingFeesSchedule documentId="RetDoc3">
      <AccountingFeesDetail>
        <CategoryTxt>INDIRECT ACCOUNTING FEES</CategoryTxt>
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        <NetInvestmentIncomeAmt>2020</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2020</AdjustedNetIncomeAmt>
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        <StockNm>SEE ATTACHED SCHEDULE</StockNm>
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        <EOYFMVAmt>57597826</EOYFMVAmt>
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        <Desc>ESCROW DEPOSITS</Desc>
        <BOYBookValueAmt>37886</BOYBookValueAmt>
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      <OtherAssetsScheduleGrp>
        <Desc>LOAN RECEIVABLE</Desc>
        <BOYBookValueAmt>710000</BOYBookValueAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>PREPAID TAXES</Desc>
        <BOYBookValueAmt>27000</BOYBookValueAmt>
        <EOYBookValueAmt>70000</EOYBookValueAmt>
        <EOYFMVAmt>70000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>ROUNDING</Desc>
        <BOYBookValueAmt>1</BOYBookValueAmt>
        <EOYBookValueAmt>1</EOYBookValueAmt>
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        <Desc>EXPENSES</Desc>
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        <Desc>INSURANCE</Desc>
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      <OtherExpensesScheduleGrp>
        <Desc>MEETING SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>44</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>44</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>44</AdjustedNetIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>MILEAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>923</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>923</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>923</AdjustedNetIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>WEBSITE HOSTING</Desc>
        <RevenueAndExpensesPerBooksAmt>1651</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1651</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1651</AdjustedNetIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>OTHER ADMINISTRATIVE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>97</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>97</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>97</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DUES</Desc>
        <RevenueAndExpensesPerBooksAmt>1475</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1475</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1475</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TRAINING</Desc>
        <RevenueAndExpensesPerBooksAmt>593</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>593</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>593</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>467</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>467</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>467</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>100</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>100</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>100</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>2281</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2281</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2281</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
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        <Desc>K-1 SALIENT</Desc>
        <RevenueAndExpensesPerBooksAmt>48</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>48</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>SECURITIES INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>1096</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1096</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1096</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>K-1 SALIENT</Desc>
        <RevenueAndExpensesPerBooksAmt>414973</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>414973</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>414973</AdjustedNetIncomeAmt>
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      <OtherLiabilitiesDetail>
        <Desc>MANAGEMENT FEE PAYABLE</Desc>
        <BOYBookValueAmt>1146670</BOYBookValueAmt>
        <EOYBookValueAmt>1506223</EOYBookValueAmt>
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      <OtherLiabilitiesDetail>
        <Desc>ACCRUED INTEREST</Desc>
        <BOYBookValueAmt>7599</BOYBookValueAmt>
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        <Amt>268433</Amt>
        <NetInvestmentIncomeAmt>268433</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>268433</AdjustedNetIncomeAmt>
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        <NetInvestmentIncomeAmt>13558</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>13558</AdjustedNetIncomeAmt>
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      <TaxesDetail>
        <CategoryTxt>FEDERAL TAX</CategoryTxt>
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</Return>