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          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>125000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>DUKE UNIVERSITY - NASHER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2001 CAMPUS DR</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27705</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>DURHAM CENTRAL PARK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>115 MARKET STREET</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27701</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>DURHAM LITERACY CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 52209</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27707</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>DURHAM MUSEUM OF HISTORY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>500 W MAIN ST</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27701</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>DURHAM NATIVITY SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>7 PILTON PLACE</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27705</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>ELLERBE CREEK WATERSHED</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 2679</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27705</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>EXECUTIVE SERVICE CORPS OF DURHAM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 51152</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27717</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>GENESIS HOUSE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>300 NORTH QUEEN STREET</AddressLine1>
            <AddressLine2>PO BOX 25426</AddressLine2>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27702</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>HABITAT FOR HUMANITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>215 N CHURCH STREET</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27701</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>60000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>HOUSING FOR NEW HOPE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1406 HOLLOWAY ST</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27703</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>JUNIOR LEADERSHIP OF DURH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 2492</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27715</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>MALLARME CHAMBER PLAYERS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>120 MORRIS STREET</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27701</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>MANBITES DOG THEATER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 402</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27702</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>MDC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>307 W MAIN ST</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>277013215</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>MUSEUM OF LIFE AND SCIENCE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>433 W MURRAY AVE</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27704</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>NC BOTANICAL GARDENS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>UNIVNC CB 3375</AddressLine1>
            <City>CHAPEL HILL</City>
            <State>NC</State>
            <ZIPCode>27599</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>NC CENTRAL UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1801 FAYETTEVILLE ST</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27707</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>PLAYWORKS DURHAM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>101 W MAIN ST</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27701</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>RONALD MCDONALD HOUSE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>506 ALEXANDER AVE</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27705</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>SEEDS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>706 GILBERT STREET</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27701</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>URBAN MINISTRIES OF DURHA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>410 LIBERTY STREET</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27702</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>VOLUNTEER CTR OF DURHAM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 3374</AddressLine1>
            <City>DURHAM</City>
            <State>NC</State>
            <ZIPCode>27702</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>GUIDE DOGS OF AMERICA - NOT CASHED</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>13445 GLENOAKS BLVD</AddressLine1>
            <City>SYLMAR</City>
            <State>CA</State>
            <ZIPCode>91342</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>UNRESTRICTED</GrantOrContributionPurposeTxt>
          <Amt>-20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>627000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>123250</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>233024</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>989876</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>356274</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>989876</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1346150</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>INDIRECT ACCOUNTING FEES</CategoryTxt>
        <Amt>14000</Amt>
        <NetInvestmentIncomeAmt>14000</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>14000</AdjustedNetIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <CompensationExplanation documentId="RetDoc3">
      <CompensationExplanationGrp>
        <PersonNm>DRBARBARA NEWBORG</PersonNm>
      </CompensationExplanationGrp>
      <CompensationExplanationGrp>
        <PersonNm>SARAH FISH</PersonNm>
      </CompensationExplanationGrp>
      <CompensationExplanationGrp>
        <PersonNm>ELISSA B OLSZEWSKI</PersonNm>
      </CompensationExplanationGrp>
    </CompensationExplanation>
    <GainLossSaleOtherAssetsSch documentId="RetDoc4">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>8160 SH ABB LTD</AssetDesc>
        <AcquiredDt>2013-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-10</SoldDt>
        <GrossSalesPriceAmt>200854</GrossSalesPriceAmt>
        <BasisAmt>170023</BasisAmt>
        <TotalNetAmt>30831</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>3000SH EATON CORP PLC</AssetDesc>
        <AcquiredDt>2012-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-01</SoldDt>
        <GrossSalesPriceAmt>169086</GrossSalesPriceAmt>
        <BasisAmt>155717</BasisAmt>
        <TotalNetAmt>13369</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>2500SH MICROSOFT CORP</AssetDesc>
        <AcquiredDt>2013-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-04</SoldDt>
        <GrossSalesPriceAmt>72107</GrossSalesPriceAmt>
        <BasisAmt>68715</BasisAmt>
        <TotalNetAmt>3392</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>3539SH ROYAL DUTCH SHELL PLC</AssetDesc>
        <AcquiredDt>2012-04</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-01</SoldDt>
        <GrossSalesPriceAmt>248413</GrossSalesPriceAmt>
        <BasisAmt>239128</BasisAmt>
        <TotalNetAmt>9285</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>9000SH ABB LTD</AssetDesc>
        <AcquiredDt>2012-07</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-10</SoldDt>
        <GrossSalesPriceAmt>221530</GrossSalesPriceAmt>
        <BasisAmt>141364</BasisAmt>
        <TotalNetAmt>80166</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>5SH AMER EXPRESS CO</AssetDesc>
        <AcquiredDt>2011-06</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-03</SoldDt>
        <GrossSalesPriceAmt>331</GrossSalesPriceAmt>
        <BasisAmt>250</BasisAmt>
        <TotalNetAmt>81</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>997SH DIAGEO PLC SPSD ADR</AssetDesc>
        <AcquiredDt>2012-02</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-08</SoldDt>
        <GrossSalesPriceAmt>130479</GrossSalesPriceAmt>
        <BasisAmt>91988</BasisAmt>
        <TotalNetAmt>38491</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>100SH HONEYWELL INTL INC DEL</AssetDesc>
        <AcquiredDt>2011-03</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-05</SoldDt>
        <GrossSalesPriceAmt>7873</GrossSalesPriceAmt>
        <BasisAmt>5738</BasisAmt>
        <TotalNetAmt>2135</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>7500SH MICROSOFT CORP</AssetDesc>
        <AcquiredDt>2011-03</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-04</SoldDt>
        <GrossSalesPriceAmt>216321</GrossSalesPriceAmt>
        <BasisAmt>190193</BasisAmt>
        <TotalNetAmt>26128</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>5858SH NIKE INC CL B</AssetDesc>
        <AcquiredDt>2011-05</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-08</SoldDt>
        <GrossSalesPriceAmt>388214</GrossSalesPriceAmt>
        <BasisAmt>239382</BasisAmt>
        <TotalNetAmt>148832</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>150000SH GENERAL ELECTRIC CO</AssetDesc>
        <AcquiredDt>2006-10</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-02</SoldDt>
        <GrossSalesPriceAmt>150000</GrossSalesPriceAmt>
        <BasisAmt>148125</BasisAmt>
        <TotalNetAmt>1875</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>100000SH JP MORGAN CHASE</AssetDesc>
        <AcquiredDt>2007-10</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-01</SoldDt>
        <GrossSalesPriceAmt>100000</GrossSalesPriceAmt>
        <BasisAmt>100000</BasisAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>50000SH WAL-MART STORES GLB</AssetDesc>
        <AcquiredDt>2007-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-05</SoldDt>
        <GrossSalesPriceAmt>50000</GrossSalesPriceAmt>
        <BasisAmt>49785</BasisAmt>
        <TotalNetAmt>215</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>10000SH US BANCORP</AssetDesc>
        <AcquiredDt>2012-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-02</SoldDt>
        <GrossSalesPriceAmt>100000</GrossSalesPriceAmt>
        <BasisAmt>99761</BasisAmt>
        <TotalNetAmt>239</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>40000SH FEDERAL HOME LN MTG</AssetDesc>
        <AcquiredDt>2003-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-01</SoldDt>
        <GrossSalesPriceAmt>40000</GrossSalesPriceAmt>
        <BasisAmt>39372</BasisAmt>
        <TotalNetAmt>628</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>3495SH AMER EXPRESS CO</AssetDesc>
        <AcquiredDt>2010-10</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-03</SoldDt>
        <GrossSalesPriceAmt>231515</GrossSalesPriceAmt>
        <BasisAmt>139382</BasisAmt>
        <TotalNetAmt>92133</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>1000SH COGNIZANT TECH SOLUTNS A</AssetDesc>
        <AcquiredDt>2007-08</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-02</SoldDt>
        <GrossSalesPriceAmt>77165</GrossSalesPriceAmt>
        <BasisAmt>37738</BasisAmt>
        <TotalNetAmt>39427</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>4000SH COGNIZANT TECH SOLUTNS</AssetDesc>
        <AcquiredDt>2007-08</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-06</SoldDt>
        <GrossSalesPriceAmt>258039</GrossSalesPriceAmt>
        <BasisAmt>150951</BasisAmt>
        <TotalNetAmt>107088</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>1000SH COGNIZANT TECH SOLUTNS</AssetDesc>
        <AcquiredDt>2007-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-06</SoldDt>
        <GrossSalesPriceAmt>64510</GrossSalesPriceAmt>
        <BasisAmt>33088</BasisAmt>
        <TotalNetAmt>31422</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>6035SH COVIDIEN PLC</AssetDesc>
        <AcquiredDt>2010-10</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-03</SoldDt>
        <GrossSalesPriceAmt>402917</GrossSalesPriceAmt>
        <BasisAmt>241352</BasisAmt>
        <TotalNetAmt>161565</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>780SH GENERAL MILLS</AssetDesc>
        <AcquiredDt>2009-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-05</SoldDt>
        <GrossSalesPriceAmt>39596</GrossSalesPriceAmt>
        <BasisAmt>23600</BasisAmt>
        <TotalNetAmt>15996</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>2220SH GENERAL MILLS</AssetDesc>
        <AcquiredDt>2009-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-06</SoldDt>
        <GrossSalesPriceAmt>110427</GrossSalesPriceAmt>
        <BasisAmt>67169</BasisAmt>
        <TotalNetAmt>43258</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>1500SH GENERAL MILLS</AssetDesc>
        <AcquiredDt>2009-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-11</SoldDt>
        <GrossSalesPriceAmt>75333</GrossSalesPriceAmt>
        <BasisAmt>45385</BasisAmt>
        <TotalNetAmt>29948</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>2435SH HONEYWELL INTL INC</AssetDesc>
        <AcquiredDt>2010-11</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-05</SoldDt>
        <GrossSalesPriceAmt>191708</GrossSalesPriceAmt>
        <BasisAmt>118432</BasisAmt>
        <TotalNetAmt>73276</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>2500SH JPMORGAN CHASE &amp; CO</AssetDesc>
        <AcquiredDt>2012-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2013-06</SoldDt>
        <GrossSalesPriceAmt>134335</GrossSalesPriceAmt>
        <BasisAmt>94290</BasisAmt>
        <TotalNetAmt>40045</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>SECURITIES HELD BY SMITH BARNEY</BondNm>
        <EOYBookValueAmt>2039376</EOYBookValueAmt>
        <EOYFMVAmt>2109695</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc6">
      <InvestmentsCorporateStockGrp>
        <StockNm>SECURITIES HELD BY MERRILL LYNCH</StockNm>
        <EOYBookValueAmt>7299707</EOYBookValueAmt>
        <EOYFMVAmt>10080358</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="RetDoc7">
      <USGovtObligationsBookVlEOYAmt>200245</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>371027</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <LegalFeesSchedule documentId="RetDoc8">
      <LegalFeesGrp>
        <CategoryTxt>INDIRECT LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>476</LegalFeesAmt>
        <NetInvestmentIncomeAmt>476</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>476</AdjustedNetIncomeAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="RetDoc9">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>33</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>33</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>33</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc10">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>PORTFOLIO MANAGEMENT FEES</CategoryTxt>
        <Amt>120517</Amt>
        <NetInvestmentIncomeAmt>120517</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>120517</AdjustedNetIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>COMPLIANCE CONSULTING</CategoryTxt>
        <Amt>14000</Amt>
        <NetInvestmentIncomeAmt>14000</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>14000</AdjustedNetIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>OTHER EXPENSES - ML</CategoryTxt>
        <Amt>527</Amt>
        <NetInvestmentIncomeAmt>527</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>527</AdjustedNetIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <SubstantialContributorsSch documentId="RetDoc11">
      <SubstantialContributorDetail>
        <PersonNm>JOAN MERTENS</PersonNm>
        <USAddress>
          <AddressLine1>124 E 84TH STREET 8A</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10028</ZIPCode>
        </USAddress>
      </SubstantialContributorDetail>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="RetDoc12">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
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        <NetInvestmentIncomeAmt>1826</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1826</AdjustedNetIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN DIV. TAX</CategoryTxt>
        <Amt>388</Amt>
        <NetInvestmentIncomeAmt>388</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>388</AdjustedNetIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>