﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2012v2.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2014-01-22T04:32:20-08:00</Timestamp>
    <TaxPeriodEndDate>2013-09-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>J L HOFMANN &amp; ASSOCIATES PA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>420 S DIXIE HWY STE 4B</AddressLine1>
        <City>CORAL GABLES</City>
        <State>FL</State>
        <ZIPCode>33146</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-10-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>592477459</EIN>
      <Name>
        <BusinessNameLine1>COBB FAMILY FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>COBB</NameControl>
      <Phone>3054411700</Phone>
      <USAddress>
        <AddressLine1>PO BOX 14-4200</AddressLine1>
        <City>CORAL GABLES</City>
        <State>FL</State>
        <ZIPCode>331144200</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>CHARLES E COBB JR</Name>
      <Title>PRESIDENT</Title>
      <Phone>3054411700</Phone>
      <DateSigned>2014-01-21</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>JOHN L HOFMANN</Name>
      <Phone>3056660024</Phone>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2015-12-30 17:16:21Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="9">
    <IRS990PF documentId="00000001" referenceDocumentId="00000004" referenceDocumentName="ReasonableCauseExplanation GeneralExplanationAttachment">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>21712186</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>1300000</ContriReceivedRevAndExpnss>
        <InterestOnSavingsRevAndExpnss>168689</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>168689</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>336714</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>336714</DividendsNetInvstIncm>
        <CapitalGainNetIncmNetInvstIncm>0</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>1805403</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>505403</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>12000</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstDsbrsChrtblPrps>12000</CompOfcrDirTrstDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="00000003" referenceDocumentName="AccountingFeesSchedule">4400</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>4400</AccountingFeesNetInvstIncm>
        <TaxesRevAndExpnss referenceDocumentId="00000009" referenceDocumentName="TaxesSchedule">12523</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>3679</TaxesNetInvstIncm>
        <PrintingAndPubRevAndExpnss>367</PrintingAndPubRevAndExpnss>
        <PrintingAndPubNetInvstIncm>367</PrintingAndPubNetInvstIncm>
        <OtherExpensesRevAndExpnss referenceDocumentId="00000008" referenceDocumentName="AmortizationSchedule OtherExpensesSchedule">292</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>292</OtherExpensesNetInvstIncm>
        <TotOprExpensesRevAndExpnss>29582</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>8738</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>12000</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>860176</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>860176</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>889758</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>8738</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>872176</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>915645</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>496665</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>45210</CashBOY>
        <CashEOY>29666</CashEOY>
        <CashEOYFMV>29666</CashEOYFMV>
        <SavingsAndTempCashInvstBOY>1030765</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>427809</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>427809</SavingsAndTempCashInvstEOYFMV>
        <PrepaidExpensesBOY>14400</PrepaidExpensesBOY>
        <PrepaidExpensesEOY>9256</PrepaidExpensesEOY>
        <PrepaidExpensesEOYFMV>9256</PrepaidExpensesEOYFMV>
        <InvestmentsGovtObligBOY>2410810</InvestmentsGovtObligBOY>
        <InvestmentsGovtObligEOY referenceDocumentId="00000007" referenceDocumentName="InvestmentsGovtObligationsSchedule">2435203</InvestmentsGovtObligEOY>
        <InvestmentsGovtObligEOYFMV>2924602</InvestmentsGovtObligEOYFMV>
        <InvestmentsCorpStockBOY>7103496</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="00000006" referenceDocumentName="InvestmentsCorpStockSchedule">8918391</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>17927707</InvestmentsCorpStockEOYFMV>
        <InvestmentsCorpBondsBOY>589155</InvestmentsCorpBondsBOY>
        <InvestmentsCorpBondsEOY referenceDocumentId="00000005" referenceDocumentName="InvestmentsCorpBondsSchedule">289156</InvestmentsCorpBondsEOY>
        <InvestmentsCorpBondsEOYFMV>393146</InvestmentsCorpBondsEOYFMV>
        <TotalAssetsBOY>11193836</TotalAssetsBOY>
        <TotalAssetsEOY>12109481</TotalAssetsEOY>
        <TotalAssetsEOYFMV>21712186</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>11193836</RetainedEarningsBOY>
        <RetainedEarningsEOY>12109481</RetainedEarningsEOY>
        <TotalNetAssetsBOY>11193836</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>12109481</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>11193836</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>12109481</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>11193836</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>915645</ExcessOfRevenueOverExpenses>
        <Subtotal>12109481</Subtotal>
        <TotalNetAssetsFundBalancesEOY>12109481</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>805685</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>17616638</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.045734</DistributionRatioYear1>
        <QualifyingDistributionsYear2>717067</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>17001009</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.042178</DistributionRatioYear2>
        <QualifyingDistributionsYear3>710238</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>14949574</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.047509</DistributionRatioYear3>
        <QualifyingDistributionsYear4>744677</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>13140332</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.056671</DistributionRatioYear4>
        <QualifyingDistributionsYear5>658652</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>15503392</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.042484</DistributionRatioYear5>
        <TotalDistributionRatio>0.234576</TotalDistributionRatio>
        <AverageDistributionRatio>0.046915</AverageDistributionRatio>
        <NetNoncharitableAssets>20463185</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>960030</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>4967</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>964997</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>872176</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>9933</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>9933</Subtotal>
        <TaxBasedOnInvestmentIncome>9933</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>9256</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>9256</TotalCreditsAndPayments>
        <TaxPaidOriginalReturn>9256</TaxPaidOriginalReturn>
        <TaxDue>677</TaxDue>
        <AmountCreditedToNextYear>0</AmountCreditedToNextYear>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>FL</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>true</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>COBB PARTNERS LLC</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>3054411700</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>PO BOX 14-4200</AddressLine1>
          <City>CORAL GABLES</City>
          <State>FL</State>
          <ZIPCode>331144200</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <BusinessName>
            <BusinessNameLine1>CHARLES E COBB JR</BusinessNameLine1>
          </BusinessName>
          <USAddress>
            <AddressLine1>PO BOX 14-4200</AddressLine1>
            <City>CORAL GABLES</City>
            <State>FL</State>
            <ZIPCode>33114</ZIPCode>
          </USAddress>
          <Title>President</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>2000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <BusinessName>
            <BusinessNameLine1>SUE M COBB</BusinessNameLine1>
          </BusinessName>
          <USAddress>
            <AddressLine1>PO BOX 14-4200</AddressLine1>
            <City>CORAL GABLES</City>
            <State>FL</State>
            <ZIPCode>33114</ZIPCode>
          </USAddress>
          <Title>Vice President</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>2000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <BusinessName>
            <BusinessNameLine1>CHRISTIAN M COBB</BusinessNameLine1>
          </BusinessName>
          <USAddress>
            <AddressLine1>PO BOX 14-4200</AddressLine1>
            <City>CORAL GABLES</City>
            <State>FL</State>
            <ZIPCode>33114</ZIPCode>
          </USAddress>
          <Title>Vice President</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>2000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <BusinessName>
            <BusinessNameLine1>TOBIN T COBB</BusinessNameLine1>
          </BusinessName>
          <USAddress>
            <AddressLine1>PO BOX 14-4200</AddressLine1>
            <City>CORAL GABLES</City>
            <State>FL</State>
            <ZIPCode>33114</ZIPCode>
          </USAddress>
          <Title>Vice President</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>2000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <BusinessName>
            <BusinessNameLine1>KOLLEEN O COBB</BusinessNameLine1>
          </BusinessName>
          <USAddress>
            <AddressLine1>PO BOX 14-4200</AddressLine1>
            <City>CORAL GABLES</City>
            <State>FL</State>
            <ZIPCode>33114</ZIPCode>
          </USAddress>
          <Title>Director</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>2000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <BusinessName>
            <BusinessNameLine1>LUISA S COBB</BusinessNameLine1>
          </BusinessName>
          <USAddress>
            <AddressLine1>PO BOX 14-4200</AddressLine1>
            <City>CORAL GABLES</City>
            <State>FL</State>
            <ZIPCode>33114</ZIPCode>
          </USAddress>
          <Title>Director</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>2000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>20168018</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>606789</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>20774807</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>20774807</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>311622</CashDeemedCharitable>
        <NetNoncharitableAssets>20463185</NetNoncharitableAssets>
        <MinimumInvestmentReturn>1023159</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>1023159</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>9933</TaxBasedOnInvestmentIncome>
        <TotalTax>9933</TotalTax>
        <DistributableAmountBeforeAdj>1013226</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>1013226</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>1013226</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>872176</ExpensesAndContributions>
        <QualifyingDistributions>872176</QualifyingDistributions>
        <AdjQualifyingDistributions>872176</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>1013226</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>868777</UndistributedIncomePriorYear>
        <QualifyingDistributions>872176</QualifyingDistributions>
        <AppliedToYear1>868777</AppliedToYear1>
        <AppliedToCurrentYear>3399</AppliedToCurrentYear>
        <UndistributedIncomeCY>1009827</UndistributedIncomeCY>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>CHARLES E COBB JR</ContributingManager>
        <ShareholderManager>NONE</ShareholderManager>
        <AppicationSubmissionInfo>
          <RecipientName>COBB FAMILY FOUNDATION ADMINISTRATO</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 14-4200</AddressLine1>
            <City>CORAL GABLES</City>
            <State>FL</State>
            <ZIPCode>331144200</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>3054411700</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>SEE STATEMENT #1</FormAndInfoAndMaterials>
          <SubmissionDeadlines>NONE</SubmissionDeadlines>
          <RestrictionsOnAwards>SEE STATEMENT #1</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SEE SCHEDULE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>SEE SCHEDULE</AddressLine1>
            <City>SEE SCHEDULE</City>
            <State>FL</State>
            <ZIPCode>33114</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>various</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>various</PurposeOfGrantOrContribution>
          <Amount>860176</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>860176</TotGrantOrContriPaidDuringYear>
        <GrantOrContriApprovedForFuture>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIVERSITY OF MIAMI</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 248073</AddressLine1>
            <City>CORAL GABLES</City>
            <State>FL</State>
            <ZIPCode>33124</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>24000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>450 SERRA MALL</AddressLine1>
            <City>STANFORD</City>
            <State>CA</State>
            <ZIPCode>94305</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>14000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>3265 MERIDIAN PKWY 130</AddressLine1>
            <City>WESTON</City>
            <State>FL</State>
            <ZIPCode>33331</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>336 NW 5 STREET</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33128</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>6000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>600 MEAN ST 210</AddressLine1>
            <City>ATLANTA</City>
            <State>GA</State>
            <ZIPCode>30318</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>4000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>101 W FLAGLER ST</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33130</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>3280 S MIAMI AVE</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33129</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>9000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>US DIPLOMACY CENTER 535</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20037</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>80000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 0734</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20073</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>80000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>101 W FLAGLER ST</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33130</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 600610</AddressLine1>
            <City>DALLAS</City>
            <State>TX</State>
            <ZIPCode>75206</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 37460</AddressLine1>
            <City>TALLAHASSEE</City>
            <State>FL</State>
            <ZIPCode>32315</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>5692 N KENDALL DR</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33156</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>12500</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>100 MAHER AVENUE</AddressLine1>
            <City>GREENWICH</City>
            <State>CT</State>
            <ZIPCode>06830</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 117625</AddressLine1>
            <City>GAINESVILLE</City>
            <State>FL</State>
            <ZIPCode>32611</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>12400 SW 152 STREET</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33177</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>535 FAIRFIELD AVE</AddressLine1>
            <City>STAMFORD</City>
            <State>CT</State>
            <ZIPCode>06902</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>70000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>40 PRESIDENTIAL DR</AddressLine1>
            <City>SIMI VALLEY</City>
            <State>CA</State>
            <ZIPCode>93065</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>620 MTN VILLAGE RD</AddressLine1>
            <City>TELLURIDE</City>
            <State>CO</State>
            <ZIPCode>81435</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>12000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>3439 PRYTANIA ST</AddressLine1>
            <City>NEW ORLEANS</City>
            <State>LA</State>
            <ZIPCode>70115</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>1025 THOMAS JEFFERSON ST NW</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20077</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>3575 MAIN HWY</AddressLine1>
            <City>COCONUT GROVE</City>
            <State>FL</State>
            <ZIPCode>33133</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>40000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>3250 SW 3RD AVE 6TH FL</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33129</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>3500</Amount>
        </GrantOrContriApprovedForFuture>
        <TotGrantOrContriApprovedFuture>632000</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>168689</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>336714</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <SubtotalsPartXVIA>
          <ExclusionAmount>505403</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>505403</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <IRS990ScheduleB documentId="00000002">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>CHARLES E COBB JR</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>PO BOX 14-4200</AddressLine1>
          <City>CORAL GABLES</City>
          <State>FL</State>
          <ZIPCode>331144200</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>1300000</AggregateContributions>
        <NoncashContributionType>X</NoncashContributionType>
      </ContributorInfo>
      <NoncashProperty>
        <ContributorNumberFromPartI>1</ContributorNumberFromPartI>
        <NoncashPropertyDescription>26000 SHARES WALT DISNEY STOCK @ $50/SHARE</NoncashPropertyDescription>
        <FairMarketValue>1300000</FairMarketValue>
        <DateReceived>2012-12-24</DateReceived>
      </NoncashProperty>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="00000003">
      <AccountingFees>
        <Category>JL Hofmann &amp; Associates,PA tax return preparation</Category>
        <Amount>4400</Amount>
        <NetInvestmentIncome>4400</NetInvestmentIncome>
      </AccountingFees>
    </AccountingFeesSchedule>
    <GeneralExplanationAttachment documentId="00000004">
      <GeneralExplanation>
        <Identifier>Statement #1 - Form in which applications should be submitted</Identifier>
        <Explanation>REQUESTS FOR CONTRIBUTIONS SHOULD INCLUDE A BRIEF HISTORY OF THE ORGANIZATION, A CURRENT LIST OF THE MEMBERS OF THE BOARD OF DIRECTORS AND SENIOR EXECUTIVES, THE CURRENT ANNUAL BUDGET, THE ENTITIES PERCENT OF MANAGEMENT/ADMINISTRATION COSTS TO DOLLARS DISTRIBUTED, THE PROPOSED USE OF REQUESTED FUNDS AND THE AMOUNT OF THE REQUEST. FURTHER, THE FOUNDATION WILL REQUIRE A COPY OF THE ORGANIZATION'S TAX EXEMPT CERTIFICATE.</Explanation>
      </GeneralExplanation>
    </GeneralExplanationAttachment>
    <InvestmentsCorpBondsSchedule documentId="00000005">
      <InvestmentsCorpBonds>
        <NameOfBond>Citigroup 5% 9/15/2014</NameOfBond>
        <EOYBookValue>81219</EOYBookValue>
        <EOYFMV>103769</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>International Paper 7.95% 6/15/2018</NameOfBond>
        <EOYBookValue>83239</EOYBookValue>
        <EOYFMV>124123</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Macy's 7.875% 7/15/2015</NameOfBond>
        <EOYBookValue>39318</EOYBookValue>
        <EOYFMV>55875</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Marriot International 5.81% 11/10/2015</NameOfBond>
        <EOYBookValue>85380</EOYBookValue>
        <EOYFMV>109379</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="00000006">
      <InvestmentsCorpStock>
        <NameOfStock>Stocks - see statement 2</NameOfStock>
        <EOYBookValue>6465067</EOYBookValue>
        <EOYFMV>13686489</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>Schwab Mutual Funds</NameOfStock>
        <EOYBookValue>239647</EOYBookValue>
        <EOYFMV>234510</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>Vanguard Mutual Funds</NameOfStock>
        <EOYBookValue>2213677</EOYBookValue>
        <EOYFMV>4006708</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="00000007">
      <USGovtSecuritiesEOYBookValue>2435203</USGovtSecuritiesEOYBookValue>
      <USGovtSecuritiesEOYFMV>2924602</USGovtSecuritiesEOYFMV>
    </InvestmentsGovtObligationsSch>
    <OtherExpensesSchedule documentId="00000008">
      <OtherExpenses>
        <Description>Bank Service Charges</Description>
        <RevenueAndExpensesPerBooks>292</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>292</NetInvestmentIncome>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="00000009">
      <Taxes>
        <Category>Licenses</Category>
        <Amount>114</Amount>
        <NetInvestmentIncome>114</NetInvestmentIncome>
      </Taxes>
      <Taxes>
        <Category>Foreign tax paid</Category>
        <Amount>3565</Amount>
        <NetInvestmentIncome>3565</NetInvestmentIncome>
      </Taxes>
      <Taxes>
        <Category>Federal income taxes</Category>
        <Amount>8844</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>