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    <Timestamp>2014-04-01T14:27:38-05:00</Timestamp>
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        <City>New York</City>
        <State>NY</State>
        <ZIPCode>10019</ZIPCode>
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    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-12-01</TaxPeriodBeginDate>
    <Filer>
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      <Name>
        <BusinessNameLine1>PERRY &amp; DONNA GOLKIN FAMILY FOUNDATION</BusinessNameLine1>
      </Name>
      <InCareOfName>% PERRY GOLKIN</InCareOfName>
      <NameControl>PERR</NameControl>
      <USAddress>
        <AddressLine1>C/O KKR FINANCIAL SERVICES COMPANY</AddressLine1>
        <AddressLine2>730 FIFTH AVENUE 8TH FLOOR Suite</AddressLine2>
        <City>NEW YORK</City>
        <State>NY</State>
        <ZIPCode>10019</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>PERRY GOLKIN</Name>
      <Title>OFFICER</Title>
      <Phone>2122719933</Phone>
      <DateSigned>2014-03-27</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>MARY SHAW</Name>
      <Phone>2122719933</Phone>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2015-12-30 17:16:21Z</BuildTS>
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      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>SEE STATEMENT A</DescriptionOfAsset>
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        <EstTaxPaymentsAndOverpayment>19502</EstTaxPaymentsAndOverpayment>
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        <AmountCreditedToNextYear>1865</AmountCreditedToNextYear>
      </ExciseTaxBasedOnInvestmentIncm>
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        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>PERRY GOLKIN</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>2122719933</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
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        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
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          <PersonName>DONNA GOLKIN</PersonName>
          <USAddress>
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            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10019</ZIPCode>
          </USAddress>
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        <OfcrDirTrusteesOrKeyEmployee>
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        <OfcrDirTrusteesOrKeyEmployee>
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          <USAddress>
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            <City>NEW YORK</City>
            <State>NY</State>
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        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
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            <State>NY</State>
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      <SumOfProgramRelatedInvestments />
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            <BusinessNameLine1>SEE ATTACHMENT #7</BusinessNameLine1>
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          <RecipientUSAddress>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>5,000 SHS OF ITC HLDGS CORP.</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>7,000 SHS OF ITC HLDGS CORP.</NameOfStock>
        <EOYBookValue>526590</EOYBookValue>
        <EOYFMV>636335</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>12,000 SHS OF ITC HLDGS CORP.</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>11,000 SHS OF ITC HLDGS CORP.</NameOfStock>
        <EOYBookValue>554560</EOYBookValue>
        <EOYFMV>995280</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>20,000 SHS OF LEGRAND S.A.</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>45,000 SHS OF LEGRAND S.A.</NameOfStock>
        <EOYBookValue>1935900</EOYBookValue>
        <EOYFMV>2483800</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>7,625 SHS OF PROCTER &amp; GAMBLE</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>9,625 SHS OF PROCTER &amp; GAMBLE</NameOfStock>
        <EOYBookValue>597349</EOYBookValue>
        <EOYFMV>810618</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>25,000 SHS OF ROCKWOOD</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>HOLDINGS INC.</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>29,000 SHS OF ROCKWOOD</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>HOLDINGS INC.</NameOfStock>
        <EOYBookValue>1449650</EOYBookValue>
        <EOYFMV>1996140</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>21,000 SHS OF SAFEWAY, INC.</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>14,000 SHS OF SAFEWAY, INC.</NameOfStock>
        <EOYBookValue>315855</EOYBookValue>
        <EOYFMV>489580</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>12,000 SHS OF WILLIS GROUP</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>HLDG</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>29,689 SHS OF WILLIS GROUP</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>HLDG</NameOfStock>
        <EOYBookValue>1083729</EOYBookValue>
        <EOYFMV>1329473</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>12,000 SHS OF WILLIS GROUP</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>HLDG</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>2,351 SHS OF WILLIS GROUP HLDG</NameOfStock>
        <EOYBookValue>86070</EOYBookValue>
        <EOYFMV>105278</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>5,000 SHS SHOPPERS DRUG MART</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>CORPORATION</NameOfStock>
        <EOYBookValue>211450</EOYBookValue>
        <EOYFMV>274510</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>8,000 SHS WELLS FARGO &amp;</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>COMPANY</NameOfStock>
        <EOYBookValue>272400</EOYBookValue>
        <EOYFMV>352160</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>2,000 SHS MTU AERO ENGINES</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>HOLDINGS</NameOfStock>
        <EOYBookValue>179500</EOYBookValue>
        <EOYFMV>187984</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <LandEtcSchedule2 documentId="LandEtcSch2" />
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpenses>
        <Description>BANK FEES</Description>
        <RevenueAndExpensesPerBooks>270</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>270</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>FILING FEES</Description>
        <RevenueAndExpensesPerBooks>385</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>385</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <Taxes>
        <Category>FEDERAL EXCISE TAX EXPENSE</Category>
        <Amount>16500</Amount>
      </Taxes>
      <Taxes>
        <Category>FOREIGN TAX WITHHELD</Category>
        <Amount>22091</Amount>
        <NetInvestmentIncome>22091</NetInvestmentIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>