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        <TaxDueAmt>143039</TaxDueAmt>
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      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
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        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>KAVLIFOUNDATION.ORG</WebsiteAddressTxt>
        <IndividualWithBooksNm>JAMES CIONTEA</IndividualWithBooksNm>
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        <LocationOfBooksUSAddress>
          <AddressLine1>1801 SOLAR DR SUITE 250</AddressLine1>
          <City>OXNARD</City>
          <State>CA</State>
          <ZIPCode>93030</ZIPCode>
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        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
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      <StatementsRegardingActy4720Grp>
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      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
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          <PersonNm>THOMAS E EVERHART</PersonNm>
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          <TitleTxt>DIRECTOR</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DOUGLAS K FREEMAN</PersonNm>
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            <AddressLine1>1801 SOLAR DRIVE SUITE 250</AddressLine1>
            <City>OXNARD</City>
            <State>CA</State>
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          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>3.00</AverageHrsPerWkDevotedToPosRt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROCKELL N HANKIN</PersonNm>
          <USAddress>
            <AddressLine1>1801 SOLAR DRIVE SUITE 250</AddressLine1>
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          <TitleTxt>DIRECTOR</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CHARLES M VEST PHD</PersonNm>
          <USAddress>
            <AddressLine1>1801 SOLAR DRIVE SUITE 250</AddressLine1>
            <City>OXNARD</City>
            <State>CA</State>
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          <TitleTxt>DIRECTOR</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>HENRY YANG</PersonNm>
          <USAddress>
            <AddressLine1>1801 SOLAR DRIVE SUITE 250</AddressLine1>
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          <TitleTxt>DIRECTOR</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROBERT CONN</PersonNm>
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            <AddressLine1>1801 SOLAR DRIVE SUITE 250</AddressLine1>
            <City>OXNARD</City>
            <State>CA</State>
            <ZIPCode>93030</ZIPCode>
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          <TitleTxt>PRESIDENT AND CEO</TitleTxt>
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          <PersonNm>CORWIN CORPUZ</PersonNm>
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            <AddressLine1>1801 SOLAR DRIVE SUITE 250</AddressLine1>
            <City>OXNARD</City>
            <State>CA</State>
            <ZIPCode>93030</ZIPCode>
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          <TitleTxt>INVESTMENT COMMITTEE</TitleTxt>
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        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>MIYOUNG CHUN</PersonNm>
          <USAddress>
            <AddressLine1>1801 SOLAR DRIVE SUITE 250</AddressLine1>
            <City>OXNARD</City>
            <State>CA</State>
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          <TitleTxt>VP SCIENCE PROGRAMS</TitleTxt>
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        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>JAMES COHEN</PersonNm>
          <USAddress>
            <AddressLine1>1801 SOLAR DRIVE SUITE 250</AddressLine1>
            <City>OXNARD</City>
            <State>CA</State>
            <ZIPCode>93030</ZIPCode>
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          <TitleTxt>COMMUNICATIONS DIREC</TitleTxt>
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        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>CHRISTOPHER L MARTIN</PersonNm>
          <USAddress>
            <AddressLine1>1801 SOLAR DRIVE SUITE 250</AddressLine1>
            <City>OXNARD</City>
            <State>CA</State>
            <ZIPCode>93030</ZIPCode>
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          <TitleTxt>SCIENCE PROGRAM OFF</TitleTxt>
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        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>NADINE STERN</PersonNm>
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            <AddressLine1>1801 SOLAR DRIVE SUITE 250</AddressLine1>
            <City>OXNARD</City>
            <State>CA</State>
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          <TitleTxt>EXECUTIVE ASSISTANT</TitleTxt>
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        <CompensationHighestPaidEmplGrp>
          <PersonNm>ROSENDO MARTIN</PersonNm>
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            <AddressLine1>1801 SOLAR DRIVE SUITE 250</AddressLine1>
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          <TitleTxt>PROPERTY MAINTENANCE</TitleTxt>
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          <PersonNm>ERIC C JOHNSON</PersonNm>
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        <TotalAmt>0</TotalAmt>
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      <SupplementaryInformationGrp>
        <ContributingManagerNm>FRED KAVLI</ContributingManagerNm>
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          <RecipientPersonNm>ROBERT CONN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>1801 SOLAR DRIVE SUITE 250</AddressLine1>
            <City>OXNARD</City>
            <State>CA</State>
            <ZIPCode>93030</ZIPCode>
          </RecipientUSAddress>
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          <FormAndInfoAndMaterialsTxt>WRITTEN PROPOSAL DESCRIBING THE NATURE AND COST OF THE PROJECT.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>LIMITED TO AWARDS FOR SCIENTIFIC RESEARCH AND EDUCATION.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>DELFT UNIVERSITY OF TECHNOLOGY KAVLI INSTITUTE FOR NANOSCIENCE</BusinessNameLine1>
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            <AddressLine1>LORENTZWEG 1</AddressLine1>
            <City>DELFT</City>
            <Country>NL</Country>
            <PostalCode>2628CJ</PostalCode>
          </RecipientForeignAddress>
          <RecipientFoundationStatusTxt>501(C) 3 PUBLIC CHAR</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCIENTIFIC SUPPORT</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>MASSACHUSETTS INSTITUTE OF TECHNOLOGY</BusinessNameLine1>
          </RecipientBusinessName>
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            <AddressLine1>77 MASSACHUSETTS AVE</AddressLine1>
            <City>CAMBRIDGE</City>
            <State>MA</State>
            <ZIPCode>02139</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C) 3 PUBLIC CHAR</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCIENTIFIC SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>291667</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>REGENTS UNIVERSITY OF CALIFORNIA (SANTA BARBARA)</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>CHEADLE HALL</AddressLine1>
            <City>SANTA BARBARA</City>
            <State>CA</State>
            <ZIPCode>93106</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C) 3 PUBLIC CHAR</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCIENTIFIC SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>363456</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>CALIFORNIA INSTITUTE OF TECHNOLOGY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1200 E CALIFORNIA BLVD</AddressLine1>
            <City>PASADENA</City>
            <State>CA</State>
            <ZIPCode>91125</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C) 3 PUBLIC CHAR</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCIENTIFIC SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>333332</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>YALE UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>YALE UNIVERSITY</AddressLine1>
            <City>NEW HAVEN</City>
            <State>CT</State>
            <ZIPCode>06520</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C) 3 PUBLIC CHAR</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCIENTIFIC SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>222222</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>COLUMBIA UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2960 BROADWAY</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10027</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C) 3 PUBLIC CHAR</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCIENTIFIC SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>125000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>FRONTIERS OF SCIENCE (NAS)</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>500 FIFTH STREET NW</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20001</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C) 3 PUBLIC CHAR</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCIENTIFIC SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>SOCIETY FOR NEUROSCIENCE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1121 FOURTEENTH STREET SUITE 1010</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20005</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C) 3 PUBLIC CHAR</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCIENTIFIC SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>80000</Amt>
        </GrantOrContributionPdDurYrGrp>
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        <StockNm>MATTHEWS ASIAN FUNDS</StockNm>
        <EOYBookValueAmt>5916404</EOYBookValueAmt>
        <EOYFMVAmt>5916404</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>US GLOBAL EUROPEAN FUND</StockNm>
        <EOYBookValueAmt>1619</EOYBookValueAmt>
        <EOYFMVAmt>1619</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>RS INVESTMENT TRUST</StockNm>
        <EOYBookValueAmt>5539332</EOYBookValueAmt>
        <EOYFMVAmt>5539332</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MAKENA CAPITAL ASSOC</StockNm>
        <EOYBookValueAmt>12034390</EOYBookValueAmt>
        <EOYFMVAmt>12034390</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TIFF MULTI ASSET FUND</StockNm>
        <EOYBookValueAmt>24505014</EOYBookValueAmt>
        <EOYFMVAmt>24505014</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NEW SOUTH CAPITAL MGMT</StockNm>
        <EOYBookValueAmt>6933790</EOYBookValueAmt>
        <EOYFMVAmt>6933790</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NT - SANDS</StockNm>
        <EOYBookValueAmt>8544927</EOYBookValueAmt>
        <EOYFMVAmt>8544927</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NT - COLUMBIA PARTNERS</StockNm>
        <EOYBookValueAmt>7942795</EOYBookValueAmt>
        <EOYFMVAmt>7942795</EOYFMVAmt>
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        <CategoryOrItemTxt>LAND - PACKING HOUSE SQUARE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1762000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>1762000</BookValueAmt>
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      <InvestmentLandGrp>
        <CategoryOrItemTxt>BUILDING AND IMPROVEMENTS - PACKING HOUSE SQUARE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>22509078</CostOrOtherBasisAmt>
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        <BookValueAmt>15108311</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>MACHINERY &amp; EQUIPMENT - PACKING HOUSE SQUARE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>240011</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>112719</AccumulatedDepreciationAmt>
        <BookValueAmt>127292</BookValueAmt>
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      <InvestmentLandGrp>
        <CategoryOrItemTxt>BUILDING AND IMPROVEMENTS - VENTURA BOULEVARD</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>5363213</CostOrOtherBasisAmt>
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        <BookValueAmt>5035083</BookValueAmt>
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      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND - VENTURA BOULEVARD</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>4046787</CostOrOtherBasisAmt>
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        <BookValueAmt>4046787</BookValueAmt>
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      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND - MINDEN</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>71900</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>71900</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>BUILDINGS - MINDEN</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>928100</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>17622</AccumulatedDepreciationAmt>
        <BookValueAmt>910478</BookValueAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LEASE COMMISSION - PACKING HOUSE</CategoryOrItemTxt>
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        <BookValueAmt>319774</BookValueAmt>
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        <CategoryOrItemTxt>CEDAR ROCK CAP PARTNERS LLC</CategoryOrItemTxt>
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        <BookValueAmt>14322436</BookValueAmt>
        <EOYFMVAmt>14322436</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>WINDWARD V, LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>290491</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GUARDIAN REALTY FUND II</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>2971709</BookValueAmt>
        <EOYFMVAmt>2971709</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ORCHID ASIA FUND III, LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>10158332</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PROMETHEUS PARTNERS III LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1555905</BookValueAmt>
        <EOYFMVAmt>1555905</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ORCHID ASIA FUND IV, LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>4264024</BookValueAmt>
        <EOYFMVAmt>4264024</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LAND HELD FOR INVESTMENT</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1750000</BookValueAmt>
        <EOYFMVAmt>1750000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GLOBAL ENDOWMENT FUND II LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>12191652</BookValueAmt>
        <EOYFMVAmt>12191652</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>KAYNE ANDERSON MIDSTREAM INST FUND LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>6265453</BookValueAmt>
        <EOYFMVAmt>6265453</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MAKENA PRIVATE EQUITY FUND LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1599375</BookValueAmt>
        <EOYFMVAmt>1599375</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SOUTHERN SUN</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>8387723</BookValueAmt>
        <EOYFMVAmt>8387723</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SUNBELT VINEYARD LLC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>15112584</BookValueAmt>
        <EOYFMVAmt>15112584</EOYFMVAmt>
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    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="RetDoc2059000001">
      <LandEtcGrp>
        <CategoryOrItemTxt>FURNITURE AND FIXTURES</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>93033</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>61375</AccumulatedDepreciationAmt>
        <BookValueAmt>31658</BookValueAmt>
        <EOYFMVAmt>31658</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>COMPUTERS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>63528</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>47967</AccumulatedDepreciationAmt>
        <BookValueAmt>15561</BookValueAmt>
        <EOYFMVAmt>15561</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>MISCELLANEOUS EQUIPMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>11111</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>11111</AccumulatedDepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>AUTO -2009</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>62445</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>57241</AccumulatedDepreciationAmt>
        <BookValueAmt>5204</BookValueAmt>
        <EOYFMVAmt>5204</EOYFMVAmt>
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    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>22934</LegalFeesAmt>
        <NetInvestmentIncomeAmt>4784</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>18150</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>2283</LegalFeesAmt>
        <NetInvestmentIncomeAmt>2283</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <OtherAssetsScheduleGrp>
        <Desc>OTHER ASSETS</Desc>
        <BOYBookValueAmt>17091</BOYBookValueAmt>
        <EOYBookValueAmt>291342</EOYBookValueAmt>
        <EOYFMVAmt>291342</EOYFMVAmt>
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        <RevenueAndExpensesPerBooksAmt>7360</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>144</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>7216</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>21458</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>21458</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>3096</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>ADVERTISING &amp; PROMOTION</Desc>
        <RevenueAndExpensesPerBooksAmt>115254</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>560</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>3580</RevenueAndExpensesPerBooksAmt>
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        <DisbursementsCharitablePrpsAmt>3580</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE AND SHIPPING</Desc>
        <RevenueAndExpensesPerBooksAmt>2908</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2908</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>14481</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>18392</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
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        <DisbursementsCharitablePrpsAmt>5432</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>OUTSIDE SERVICES</Desc>
        <RevenueAndExpensesPerBooksAmt>179464</RevenueAndExpensesPerBooksAmt>
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        <DisbursementsCharitablePrpsAmt>179464</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>224</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>222</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>CEREMONY AND PRIZES</Desc>
        <RevenueAndExpensesPerBooksAmt>7871</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>290194</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>61202</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>61202</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>K-1 EXP-CEDAR ROCK CAPITAL PTR 36-7404703</Desc>
        <RevenueAndExpensesPerBooksAmt>135806</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>20838</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>20838</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>K-1 EXP-PROMETHEUS PTRS 61-1530807</Desc>
        <RevenueAndExpensesPerBooksAmt>115005</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>K-1 EXP-ORCHID ASIA IV 98-0549983</Desc>
        <RevenueAndExpensesPerBooksAmt>61914</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>K-1 EXP-MAKENA PVT EQ FD 90-0780595</Desc>
        <RevenueAndExpensesPerBooksAmt>42850</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>K-1 EXP-MAKENA CAPITAL ASSOC 20-4310816</Desc>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>472</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>44962</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>ACCRUAL TO CASH ADJUSTMENT</Desc>
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      <OtherExpensesScheduleGrp>
        <Desc>PASSTHRU SUNBELT VINEYARD LLC EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>495013</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>SECURITY ALARM</Desc>
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        <Desc>OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>7925</RevenueAndExpensesPerBooksAmt>
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