﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2014v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2015-11-16T15:09:30-06:00</ReturnTs>
    <TaxPeriodEndDt>2014-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>910189318</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>MOSS ADAMS LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>975 OAK STREET SUITE 500</AddressLine1Txt>
        <CityNm>EUGENE</CityNm>
        <StateAbbreviationCd>OR</StateAbbreviationCd>
        <ZIPCd>97401</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2014-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>274389819</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>SEAN N PARKER FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>SEAN</BusinessNameControlTxt>
      <PhoneNum>6508047100</PhoneNum>
      <USAddress>
        <AddressLine1Txt>314 LYTTON AVENUE NO 200</AddressLine1Txt>
        <CityNm>PALO ALTO</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>94301</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>TOM VAN LOBEN SELS</PersonNm>
      <PersonTitleTxt>SECRETARY</PersonTitleTxt>
      <PhoneNum>6508047100</PhoneNum>
      <SignatureDt>2015-11-11</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>TRACY S PAGLIA</PreparerPersonNm>
      <PTIN>P00366884</PTIN>
      <PhoneNum>5416861040</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2014</TaxYr>
    <BuildTS>2016-04-25 22:37:26Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="11">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>342094478</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>119286622</ContriRcvdRevAndExpnssAmt>
        <DividendsRevAndExpnssAmt>737085</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>747328</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>-205933</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>122334490</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>118917895</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>119817774</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>119665223</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002100001">89510</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>482</LegalFeesNetInvstIncmAmt>
        <LegalFeesDsbrsChrtblAmt>89028</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">94938</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>46387</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>46388</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002300001">180793</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>110793</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>70000</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">2389661</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>361</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>300</TaxesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>2754902</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>158023</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>205716</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>28100763</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>14565767</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>30855665</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>158023</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>14771483</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>88962109</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>119507200</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>228225267</CashBOYAmt>
        <CashEOYAmt>326333707</CashEOYAmt>
        <CashEOYFMVAmt>326333707</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>622873</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>773717</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>773717</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>0</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">4818632</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>4818632</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>15218911</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2044400001">10100181</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>10100181</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>0</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc2018100001">68241</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>68241</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>244067051</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>342094478</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>342094478</TotalAssetsEOYFMVAmt>
        <AccountsPayableEOYAmt>53596</AccountsPayableEOYAmt>
        <GrantsPayableEOYAmt>13535093</GrantsPayableEOYAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="RetDoc2065700001">4570000</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="RetDoc2065700001">89000</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>4570000</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>13677689</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
        <UnrestrictedBOYAmt>239497051</UnrestrictedBOYAmt>
        <UnrestrictedEOYAmt>328416789</UnrestrictedEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>239497051</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>328416789</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>244067051</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>342094478</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>239497051</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>88962109</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>328459160</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc2049800001">42371</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>328416789</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SALE OF PUBLICLY TRADED SECURITIES</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <GrossSalesPriceAmt>122334490</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3405312</CostOrOtherBasisAmt>
          <GainOrLossAmt>118929178</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>118929178</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>REALIZED CURRENCY GAIN/LOSS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <CostOrOtherBasisAmt>11283</CostOrOtherBasisAmt>
          <GainOrLossAmt>-11283</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-11283</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>118917895</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>0</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>11141829</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>93148433</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.119614</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>5164740</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>3924828</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>1.315915</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>224892</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>1890395</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.118966</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>0</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>82083</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.000000</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>0</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>0</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.000000</DistributionYr5Rt>
        <TotalDistributionRt>1.554495</TotalDistributionRt>
        <AverageDistributionRt>0.310899</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>313425801</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>97443768</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>1195072</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>98638840</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>14771483</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>2390144</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>2390144</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>2390144</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>2308252</EstimatedPlusOvpmtIncmTxAmt>
        <AppliedToEsTaxAmt>115000</AppliedToEsTaxAmt>
        <TotalPaymentsAndCreditsAmt>2423252</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>33108</OverpaymentAmt>
        <AppliedToESTaxAmt>33108</AppliedToESTaxAmt>
        <RefundAmt>0</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>TOM VAN LOBEN SELS</IndividualWithBooksNm>
        <PhoneNum>6508047100</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>314 LYTTON AVE SUITE 200</AddressLine1Txt>
          <CityNm>PALO ALTO</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>94301</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>1</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>0</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SEAN N PARKER</PersonNm>
          <USAddress>
            <AddressLine1Txt>314 LYTTON AVE SUITE 200</AddressLine1Txt>
            <CityNm>PALO ALTO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94301</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT &amp; DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>TOM VAN LOBEN SELS</PersonNm>
          <USAddress>
            <AddressLine1Txt>314 LYTTON AVE SUITE 200</AddressLine1Txt>
            <CityNm>PALO ALTO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94301</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY, TREASURER &amp; DIR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ALEXANDRA LENAS PARKER</PersonNm>
          <USAddress>
            <AddressLine1Txt>314 LYTTON AVE SUITE 200</AddressLine1Txt>
            <CityNm>PALO ALTO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94301</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DIVESH MAKAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>314 LYTTON AVE SUITE 200</AddressLine1Txt>
            <CityNm>PALO ALTO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94301</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MICHAEL POLANSKY</PersonNm>
          <USAddress>
            <AddressLine1Txt>314 LYTTON AVE SUITE 200</AddressLine1Txt>
            <CityNm>PALO ALTO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94301</ZIPCd>
          </USAddress>
          <TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>8.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>ICONIQ CAPITAL LLC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>394 PACIFIC AVE FL 2</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94111</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT SERVICES</ServiceTypeTxt>
          <CompensationAmt>88809</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>ADLER &amp; COLVIN</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>235 MONTGOMERY ST STE 1220</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94104</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>LEGAL SERVICES</ServiceTypeTxt>
          <CompensationAmt>87060</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>APERCEN PARTNERS LLC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>314 LYTTON AVE</AddressLine1Txt>
            <CityNm>PALO ALTO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94301</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>ACCOUNTING SERVICES</ServiceTypeTxt>
          <CompensationAmt>74067</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>HYPERAKT DESIGN GROUP INC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>400 3RD AVE 3</AddressLine1Txt>
            <CityNm>BROOKLYN</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11215</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>DESIGN AGENCY</ServiceTypeTxt>
          <CompensationAmt>70000</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>15033894</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>303164889</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>318198783</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>318198783</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>4772982</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>313425801</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>15671290</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>15671290</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>2390144</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>2390144</TotalTaxAmt>
        <DistributableBeforeAdjAmt>13281146</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>13281146</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>13281146</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>14771483</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>14771483</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>14771483</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>13281146</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr3Amt>130852</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>5426825</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>11046155</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>16603832</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>14771483</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>13281146</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>1490337</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>18094169</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>18094169</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear3Amt>130852</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>5426825</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>11046155</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>1490337</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>SEAN N PARKER</ContributingManagerNm>
        <ContributingManagerNm>ALEXANDRA LENAS PARKER</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CODEORG</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1511 THIRD AVENUE SUITE 301</AddressLine1Txt>
            <CityNm>SEATTLE</CityNm>
            <StateAbbreviationCd>WA</StateAbbreviationCd>
            <ZIPCd>98101</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT OF CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>500000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COLLEGE TRACK</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>111 BROADWAY SUITE 101</AddressLine1Txt>
            <CityNm>OAKLAND</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94607</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT OF CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MOUNT SINAI MEDICAL CENTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>ONE GUSTAVE L LEVY PLACE BOX 1049</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>100296574</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>SO II</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ASHMI COMPOUND PROJECT</GrantOrContributionPurposeTxt>
          <Amt>413267</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BUILD - BUSINESSES UNITED IN INVESTING LEADING AND DEVELOPMENT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2385 BAY ROAD</AddressLine1Txt>
            <CityNm>REDWOOD CITY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94063</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GRANT FOR BUILD GALA</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BILL HILLARY &amp; CHELSEA CLINTON FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1271 AVENUE OF THE AMERICAS</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10020</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT FOR CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>500000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UCSF FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>220 MONTGOMERY STREEET 5TH FLOOR</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94104</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CANCER RESEARCH</GrantOrContributionPurposeTxt>
          <Amt>1302500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COMPASSION ACCESS LTD</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2995 WOODSIDE RD SUITE 620618</AddressLine1Txt>
            <CityNm>WOODSIDE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94062</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT FOR CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>300000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>INVISIBLE CHILDREN INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>961 S 16TH STREET</AddressLine1Txt>
            <CityNm>SAN DIEGO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>92113</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT FOR CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ABRAMSON CANCER CENTER OF THE UNIVERSITY OF PENNSYLVANIA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3535 MARKET STREET SUITE 750</AddressLine1Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>191043309</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT FOR CHARITABLE ACTIVITIES</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CITY OF HOPE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1500 EAST DUARTE ROAD</AddressLine1Txt>
            <CityNm>DUARTE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91010</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CANCER RESEARCH</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>400 HAMILTON AVENUE SUITE 340</AddressLine1Txt>
            <CityNm>PALO ALTO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94301</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CANCER RESEARCH</GrantOrContributionPurposeTxt>
          <Amt>11000000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>14565767</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>400 HAMILTON AVENUE SUITE 340</AddressLine1Txt>
            <CityNm>PALO ALTO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94301</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CANCER RESEARCH</GrantOrContributionPurposeTxt>
          <Amt>14000000</Amt>
        </GrantOrContriApprvForFutGrp>
        <TotalGrantOrContriApprvFutAmt>14000000</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>737085</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>-205933</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>531152</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>531152</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>1</RelationshipsNonchrtblEOInd>
        <RelationshipScheduleDetail>
          <OrganizationBusinessName>
            <BusinessNameLine1Txt>ECONOMIC INNOVATION GROUP INC</BusinessNameLine1Txt>
          </OrganizationBusinessName>
          <OrganizationTypeDesc>501(C)(4)</OrganizationTypeDesc>
          <RelationshipDescriptionTxt>COMMON DIRECTORS</RelationshipDescriptionTxt>
        </RelationshipScheduleDetail>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>SEAN N PARKER</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>314 LYTTON AVE SUITE 200</AddressLine1Txt>
          <CityNm>PALO ALTO</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>94301</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>119286622</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>PUBLICLY TRADED SECURITIES</NoncashPropertyDesc>
        <FairMarketValueAmt>119286622</FairMarketValueAmt>
        <ReceivedDt>2014-10-03</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING SERVICES</CategoryTxt>
        <Amt>94938</Amt>
        <NetInvestmentIncomeAmt>46387</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>46388</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorporateBondsGrp>
        <BondNm>LIFE TECHNOLOGIES CORP NOTE</BondNm>
        <EOYBookValueAmt>502665</EOYBookValueAmt>
        <EOYFMVAmt>502665</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HEWLETT PACKARD CO SR NT</BondNm>
        <EOYBookValueAmt>503925</EOYBookValueAmt>
        <EOYFMVAmt>503925</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CAPITAL ONE FINL CORP</BondNm>
        <EOYBookValueAmt>499525</EOYBookValueAmt>
        <EOYFMVAmt>499525</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GENERAL MILLS INC BOND</BondNm>
        <EOYBookValueAmt>250063</EOYBookValueAmt>
        <EOYFMVAmt>250063</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HCP INC NOTE</BondNm>
        <EOYBookValueAmt>513870</EOYBookValueAmt>
        <EOYFMVAmt>513870</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TELEFONICA EMISIONES S A U</BondNm>
        <EOYBookValueAmt>514245</EOYBookValueAmt>
        <EOYFMVAmt>514245</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JUNIPER NETWORKS INC NOTE</BondNm>
        <EOYBookValueAmt>509885</EOYBookValueAmt>
        <EOYFMVAmt>509885</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CITIGROUP INC SB GLBL FL NT</BondNm>
        <EOYBookValueAmt>495215</EOYBookValueAmt>
        <EOYFMVAmt>495215</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FIFTH THIRD BANCORP SUB NT FLT</BondNm>
        <EOYBookValueAmt>496005</EOYBookValueAmt>
        <EOYFMVAmt>496005</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GENERAL MTRS FINL CO INC</BondNm>
        <EOYBookValueAmt>263650</EOYBookValueAmt>
        <EOYFMVAmt>263650</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ABBEY NATL TREAS SVCS PLC</BondNm>
        <EOYBookValueAmt>149627</EOYBookValueAmt>
        <EOYFMVAmt>149627</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DIRECTV HOLDINGS FING BOND</BondNm>
        <EOYBookValueAmt>496705</EOYBookValueAmt>
        <EOYFMVAmt>496705</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FORD MOTOR CREDIT COMPANY</BondNm>
        <EOYBookValueAmt>502895</EOYBookValueAmt>
        <EOYFMVAmt>502895</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SYNCHRONY FINL SR GLBL NT</BondNm>
        <EOYBookValueAmt>353829</EOYBookValueAmt>
        <EOYFMVAmt>353829</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>METHANEX CORP BOND</BondNm>
        <EOYBookValueAmt>396636</EOYBookValueAmt>
        <EOYFMVAmt>396636</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AIR LEASE CORP BOND</BondNm>
        <EOYBookValueAmt>376875</EOYBookValueAmt>
        <EOYFMVAmt>376875</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VALE OVERSEAS LTD FR</BondNm>
        <EOYBookValueAmt>431330</EOYBookValueAmt>
        <EOYFMVAmt>431330</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>INTL BNK RECON &amp; DEVELOP MTN</BondNm>
        <EOYBookValueAmt>109210</EOYBookValueAmt>
        <EOYFMVAmt>109210</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KOENIGREICH NORWEGEN GLBL BD</BondNm>
        <EOYBookValueAmt>83839</EOYBookValueAmt>
        <EOYFMVAmt>83839</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>INTL BK RECON &amp; DEVELOP</BondNm>
        <EOYBookValueAmt>79914</EOYBookValueAmt>
        <EOYFMVAmt>79914</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MEXICO(UNITED MEXICAN STATES) NOTE</BondNm>
        <EOYBookValueAmt>92186</EOYBookValueAmt>
        <EOYFMVAmt>92186</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DEUTSCHE BNK AG GLBL MTN BK EN</BondNm>
        <EOYBookValueAmt>66410</EOYBookValueAmt>
        <EOYFMVAmt>66410</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EUROPEAN BK RECON &amp; DEV MTN</BondNm>
        <EOYBookValueAmt>120150</EOYBookValueAmt>
        <EOYFMVAmt>120150</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AT&amp;T INC NOTE</BondNm>
        <EOYBookValueAmt>56389</EOYBookValueAmt>
        <EOYFMVAmt>56389</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CITIGROUP INC SR GLBL NT</BondNm>
        <EOYBookValueAmt>57094</EOYBookValueAmt>
        <EOYFMVAmt>57094</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TELEFONICA EMISIONES S A U</BondNm>
        <EOYBookValueAmt>58836</EOYBookValueAmt>
        <EOYFMVAmt>58836</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>INTERNATIONAL BANK FOR REC &amp; DEV MTN</BondNm>
        <EOYBookValueAmt>143943</EOYBookValueAmt>
        <EOYFMVAmt>143943</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNITED MEXICAN STATES</BondNm>
        <EOYBookValueAmt>65338</EOYBookValueAmt>
        <EOYFMVAmt>65338</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>INTERNATIONAL FINANCE CORP MTN</BondNm>
        <EOYBookValueAmt>134025</EOYBookValueAmt>
        <EOYFMVAmt>134025</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>COOPERATIEVE CENTRALE RAIFFEIS</BondNm>
        <EOYBookValueAmt>57375</EOYBookValueAmt>
        <EOYFMVAmt>57375</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EUROPEAN BK RECON &amp; DEV GMTN</BondNm>
        <EOYBookValueAmt>50964</EOYBookValueAmt>
        <EOYFMVAmt>50964</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BP CAP MKTS P L C NT</BondNm>
        <EOYBookValueAmt>60493</EOYBookValueAmt>
        <EOYFMVAmt>60493</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MEXICO(UNITED MEXICAN STATES) BOND</BondNm>
        <EOYBookValueAmt>97523</EOYBookValueAmt>
        <EOYFMVAmt>97523</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MERRILL LYNCH CO INC MTN BE</BondNm>
        <EOYBookValueAmt>55709</EOYBookValueAmt>
        <EOYFMVAmt>55709</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VIRGINIA ELEC &amp; PWR CO</BondNm>
        <EOYBookValueAmt>55776</EOYBookValueAmt>
        <EOYFMVAmt>55776</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CATERPILLAR FINL SVCS MTNS BE</BondNm>
        <EOYBookValueAmt>64693</EOYBookValueAmt>
        <EOYFMVAmt>64693</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MEXICO(UNITED MEXICAN STATES) BOND</BondNm>
        <EOYBookValueAmt>59413</EOYBookValueAmt>
        <EOYFMVAmt>59413</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UBS AG STAMFORD BRH FR</BondNm>
        <EOYBookValueAmt>55830</EOYBookValueAmt>
        <EOYFMVAmt>55830</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CREDIT SUISSE N Y NOTE</BondNm>
        <EOYBookValueAmt>55620</EOYBookValueAmt>
        <EOYFMVAmt>55620</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VENTAS REALTY LP/CAP CRP BOND</BondNm>
        <EOYBookValueAmt>65057</EOYBookValueAmt>
        <EOYFMVAmt>65057</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK NEW YORK MTN BK ENT</BondNm>
        <EOYBookValueAmt>64408</EOYBookValueAmt>
        <EOYFMVAmt>64408</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EUROPEAN BK RECON &amp; DEV MTN</BondNm>
        <EOYBookValueAmt>104650</EOYBookValueAmt>
        <EOYFMVAmt>104650</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNITED KINGDON TREASURY</BondNm>
        <EOYBookValueAmt>127971</EOYBookValueAmt>
        <EOYFMVAmt>127971</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>INTERNATIONAL BANK FOR REC &amp; DEV NOTE</BondNm>
        <EOYBookValueAmt>119617</EOYBookValueAmt>
        <EOYFMVAmt>119617</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNITED KINGDOM (GOVERNMENT OF) BOND</BondNm>
        <EOYBookValueAmt>131666</EOYBookValueAmt>
        <EOYFMVAmt>131666</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>INTL BK RECON &amp; DEVE LOP MTN</BondNm>
        <EOYBookValueAmt>16500</EOYBookValueAmt>
        <EOYFMVAmt>16500</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>POLAND(REPUBLIC OF) NOTE</BondNm>
        <EOYBookValueAmt>28487</EOYBookValueAmt>
        <EOYFMVAmt>28487</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CANADIAN T-BILL MATU RES</BondNm>
        <EOYBookValueAmt>42998</EOYBookValueAmt>
        <EOYFMVAmt>42998</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>NORWEGIAN T-BILL ZER O CPN</BondNm>
        <EOYBookValueAmt>9959</EOYBookValueAmt>
        <EOYFMVAmt>9959</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>INTL BK RECON &amp; DEVE LOP MTN</BondNm>
        <EOYBookValueAmt>10562</EOYBookValueAmt>
        <EOYFMVAmt>10562</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>NORWAY(KINGDOM OF) B ILL ZERO CPN</BondNm>
        <EOYBookValueAmt>39693</EOYBookValueAmt>
        <EOYFMVAmt>39693</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AUSTRALIA (COMMONWEA LTH OF)</BondNm>
        <EOYBookValueAmt>75072</EOYBookValueAmt>
        <EOYFMVAmt>75072</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>INTERNATIONAL BANK F OR REC &amp; DEV NOTE</BondNm>
        <EOYBookValueAmt>51575</EOYBookValueAmt>
        <EOYFMVAmt>51575</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>NEW ZEALAND BOND</BondNm>
        <EOYBookValueAmt>18164</EOYBookValueAmt>
        <EOYFMVAmt>18164</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SINGAPORE(GOVT OF) N OTE</BondNm>
        <EOYBookValueAmt>94944</EOYBookValueAmt>
        <EOYFMVAmt>94944</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>INTL BK RECON &amp; DEVELOP</BondNm>
        <EOYBookValueAmt>28104</EOYBookValueAmt>
        <EOYFMVAmt>28104</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SWEDEN(KINGDOM OF) B OND REG</BondNm>
        <EOYBookValueAmt>40047</EOYBookValueAmt>
        <EOYFMVAmt>40047</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CANADA GOVT RRB</BondNm>
        <EOYBookValueAmt>42031</EOYBookValueAmt>
        <EOYFMVAmt>42031</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EUROPEAN BANK RECON &amp; DEV BOND</BondNm>
        <EOYBookValueAmt>51001</EOYBookValueAmt>
        <EOYFMVAmt>51001</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>DOUBLELINE TOTAL RETURN BOND FD CL</StockNm>
        <EOYBookValueAmt>2102231</EOYBookValueAmt>
        <EOYFMVAmt>2102231</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RIDGEWORTH FLOATING RATE INCOME FD I</StockNm>
        <EOYBookValueAmt>2716401</EOYBookValueAmt>
        <EOYFMVAmt>2716401</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ACCRUED INTEREST</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>49643</BookValueAmt>
        <EOYFMVAmt>49643</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FOREIGN CASH</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>18598</BookValueAmt>
        <EOYFMVAmt>18598</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL SERVICES</CategoryTxt>
        <LegalFeesAmt>89510</LegalFeesAmt>
        <NetInvestmentIncomeAmt>482</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>89028</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreasesDetail>
        <Desc>UNREALIZED LOSS</Desc>
        <Amt>42371</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilitiesDetail>
        <Desc>DEFERRED FEDERAL EXCISE TAX</Desc>
        <BOYBookValueAmt>4570000</BOYBookValueAmt>
        <EOYBookValueAmt>89000</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MANAGEMENT FEES</CategoryTxt>
        <Amt>110793</Amt>
        <NetInvestmentIncomeAmt>110793</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>CREATIVE DESIGN</CategoryTxt>
        <Amt>70000</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>70000</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>TAXES, LICENSES AND FEES</CategoryTxt>
        <Amt>2389661</Amt>
        <NetInvestmentIncomeAmt>361</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>300</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>