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      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MICHAEL MANOUSSOS ESQ</NamePerson>
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        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MR DAVID MAYER</NamePerson>
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      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>RICHARD T NASTI ESQ</NamePerson>
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        <OtherCompensation>0</OtherCompensation>
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      <Form990PartVIISectionA>
        <NamePerson>MR ADAM SHERMAN</NamePerson>
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      <Form990PartVIISectionA>
        <NamePerson>LEONARD A SPIVAK ESQ</NamePerson>
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      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MR ERWIN P STALLER</NamePerson>
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        <NamePerson>DR JEROME SWARTZ</NamePerson>
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        <NamePerson>MR CHARLES B WANG</NamePerson>
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        <NamePerson>DR KENNETH KAUSHANSKY</NamePerson>
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        <NamePerson>MR DEXTER A BAILEY JR</NamePerson>
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        <NamePerson>MR LYLE GOMES</NamePerson>
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        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
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        <NameOfContractor>
          <NameBusiness>
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        <AddressOfContractor>
          <AddressUS>
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      <ContractorCompensation>
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          <AddressUS>
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            <State>IL</State>
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      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>BDC ADVISORS LLC</BusinessNameLine1>
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          <AddressUS>
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            <State>FL</State>
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        <DescriptionOfServices>BUSINESS STRATEGY CONSULTANTS</DescriptionOfServices>
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      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>INVESTMENT FUND MANAGER (FURTHER DETAIL</BusinessNameLine1>
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            <State>NY</State>
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      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>DF MARINA LLC</BusinessNameLine1>
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          <AddressUS>
            <AddressLine1>25 EAST BROADWAY</AddressLine1>
            <City>PORT JEFFERSON</City>
            <State>NY</State>
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        <DescriptionOfServices>HOTEL FIRM</DescriptionOfServices>
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      <GovernmentGrants>10640</GovernmentGrants>
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      <NoncashContributions>670616</NoncashContributions>
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        <BusinessCode>711300</BusinessCode>
        <TotalRevenueColumn>1010907</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>1010907</RelatedOrExemptFunctionIncome>
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      <ProgramServiceRevenue>
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        <RelatedOrExemptFunctionIncome>335816</RelatedOrExemptFunctionIncome>
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      <ProgramServiceRevenue>
        <Description>MUSEUM ADMISSION</Description>
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        <TotalRevenueColumn>36460</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>36460</RelatedOrExemptFunctionIncome>
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        <Securities>28234100</Securities>
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        <Securities>24814375</Securities>
        <Other>18629</Other>
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        <TotalRevenueColumn>3401096</TotalRevenueColumn>
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        <UnrelatedBusinessRevenue>458140</UnrelatedBusinessRevenue>
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      <OtherRevenueMisc>
        <Description>AAS DE HOLDINGS LLC</Description>
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      <OtherRevenueMisc>
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      <TotalRevenue>
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        <ProgramServices>2578804</ProgramServices>
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        <ProgramServices>1302453</ProgramServices>
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        <ManagementAndGeneral>1384</ManagementAndGeneral>
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        <ProgramServices>131851</ProgramServices>
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        <ProgramServices>732361</ProgramServices>
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      <OtherExpenses>
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        <Fundraising>167252</Fundraising>
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      <AllOtherExpenses>
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      <OtherSecurities>
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      <OtherSecurities>
        <Description>INVESTMENTS IN PRIVATE EQUITY FUNDS</Description>
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      <OtherSecurities>
        <Description>INVESTMENTS IN U.S. EQUITY FUNDS</Description>
        <BookValue>31017676</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
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        <ReturnReference>PART III, LINE 4:</ReturnReference>
        <Explanation>THE FOUNDATION OWNS THE POLLOCK-KRASNER HOUSE AND STUDY CENTER. THE CENTER OPERATES AS A MUSEUM AND LIBRARY. THE EXTENSIVE RESEARCH COLLECTIONS DEVELOPED AT THE CENTER ATTRACT SCHOLARS, STUDENTS AND RESEARCHERS FROM AROUND THE WORLD. THE UNITED STATES DEPARTMENT OF THE INTERIOR HAS DESIGNATED IT AS A NATIONAL HISTORIC LANDMARK. THE FOUNDATION ALSO OWNS VARIOUS BOOKS, PHOTOGRAPHS, AND JOURNAL COLLECTIONS.</Explanation>
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        <Identifier>DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:</Identifier>
        <ReturnReference>PART V, LINE 4:</ReturnReference>
        <Explanation>UTILIZED TO FUND ITS PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS.</Explanation>
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        <Identifier>DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:</Identifier>
        <ReturnReference>PART X:</ReturnReference>
        <Explanation>- AS OF JUNE 30, 2012, THE FOUNDATION EVALUATED THE TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE COMBINED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF ASC NO. 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" EXCEPT FOR THE UNCERTAINTY ON THE POTENTIAL UNRELATED BUSINESS INCOME GENERATED FROM CERTAIN FOUNDATION INVESTMENTS WHICH COULD RESULT IN UNRELATED BUSINESS INCOME TAX ACCRUAL THAT IS MATERIAL TO THE COMBINED FINANCIAL STATEMENTS AS OF JUNE 30, 2012. AS OF THE DATE OF COMBINED FINANCIAL STATEMENTS, INFORMATION IS NOT YET AVAILABLE TO ESTIMATE THE UNRELATED BUSINESS INCOME TAX, IF ANY. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THE TAX YEARS BEFORE 2008, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD.</Explanation>
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      <LicensedStates>LA</LicensedStates>
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      <LicensedStates>NH</LicensedStates>
      <LicensedStates>NJ</LicensedStates>
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      <LicensedStates>WV</LicensedStates>
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        <GrossReceiptsTotal>4391246</GrossReceiptsTotal>
        <CharitableContributionsTotal>3897552</CharitableContributionsTotal>
        <GrossRevenueTotalEvents>493694</GrossRevenueTotalEvents>
        <OtherDirectExpensesTotalEvents>804739</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>804739</DirectExpenseSummaryEvents>
        <NetIncomeSummary>-311045</NetIncomeSummary>
      </EventsInformation>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <RecordsMaintained>1</RecordsMaintained>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>RESEARCH FOUNDATION -STONY BROOK UNIVERSITY</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>S5422 FRANK MELVILLE JR MEMORIAL</AddressLine1>
          <AddressLine2>LIBRARY-STONY BROOK UNIV</AddressLine2>
          <City>STONY BROOK</City>
          <State>NY</State>
          <ZIPCode>11794</ZIPCode>
        </AddressUS>
        <EINOfRecipient>141368361</EINOfRecipient>
        <IRCSection>501(C)3</IRCSection>
        <AmountOfCashGrant>608868</AmountOfCashGrant>
        <MethodOfValuation>BOOK</MethodOfValuation>
        <PurposeOfGrant>RESEARCH AWARDS</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>STONY BROOK UNIVERSITY BURSARS OFFICE</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>261 ADMINISTRATION BLDG STONY BROOK</AddressLine1>
          <AddressLine2>UNIVERSITY</AddressLine2>
          <City>STONY BROOK</City>
          <State>NY</State>
          <ZIPCode>11794</ZIPCode>
        </AddressUS>
        <EINOfRecipient>146013200</EINOfRecipient>
        <IRCSection>GOVERNMENT</IRCSection>
        <AmountOfCashGrant>4732882</AmountOfCashGrant>
        <MethodOfValuation>BOOK</MethodOfValuation>
        <PurposeOfGrant>SCHOLARSHIPS FOR STUDENTS</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>NATIONAL MERIT SCHOLARSHIP CORP</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>PO BOX 99389</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60693</ZIPCode>
        </AddressUS>
        <EINOfRecipient>362307745</EINOfRecipient>
        <IRCSection>501(C)3</IRCSection>
        <AmountOfCashGrant>38000</AmountOfCashGrant>
        <MethodOfValuation>BOOK</MethodOfValuation>
        <PurposeOfGrant>SCHOLARSHIPS FOR STUDENTS</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>THEAVEME INC</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>99-52 66TH RD 90</AddressLine1>
          <City>REGO PARK</City>
          <State>NY</State>
          <ZIPCode>11374</ZIPCode>
        </AddressUS>
        <EINOfRecipient>453645308</EINOfRecipient>
        <AmountOfCashGrant>22500</AmountOfCashGrant>
        <MethodOfValuation>BOOK</MethodOfValuation>
        <PurposeOfGrant>SCHOLARSHIPS FOR STUDENTS</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>UNIVERSITY OF MINNESOTA FOOTBALL</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>100 CHURCH STREET SE</AddressLine1>
          <City>MINNEAPOLIS</City>
          <State>MN</State>
          <ZIPCode>55455</ZIPCode>
        </AddressUS>
        <EINOfRecipient>416007513</EINOfRecipient>
        <IRCSection>501(C)3</IRCSection>
        <AmountOfCashGrant>59210</AmountOfCashGrant>
        <MethodOfValuation>BOOK</MethodOfValuation>
        <PurposeOfGrant>SCHOLARSHIPS FOR STUDENTS</PurposeOfGrant>
      </RecipientTable>
      <TotalNbrOf501C3AndGovtGrants>3</TotalNbrOf501C3AndGovtGrants>
      <TotalNbrOfOtherOrganizations>2</TotalNbrOfOtherOrganizations>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>SCHOLARSHIPS FOR STUDENTS</TypeOfGrant>
        <NumberOfRecipients>10</NumberOfRecipients>
        <AmountOfCashGrant>100000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>BOOK</MethodOfValuation>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>PRIZES AND AWARDS</TypeOfGrant>
        <NumberOfRecipients>14</NumberOfRecipients>
        <AmountOfCashGrant>67000</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>BOOK</MethodOfValuation>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>PROCEDURE FOR MONITORING GRANTS IN THE U.S.:</Identifier>
        <ReturnReference>PART I, LINE 2:</ReturnReference>
        <Explanation>SCHEDULE I, PART I, LINE 2: A CASH PAYMENT VOUCHER IS PREPARED BY THE DEPARTMENT PROVIDING THE GRANT. IT IS SUBMITTED WITH SUPPORTING DOCUMENTATION TO THE PROCUREMENT DEPARTMENT. REQUESTS GREATER THAN $5,000 ARE FORWARDED TO THE STONY BROOK FOUNDATION BUSINESS OFFICE FOR REVIEW AND APPROVAL. INCLUDED IN THE REVENUE PROCEDURES IS A JUSTIFICATION FOR THE DISBURSEMNET. A DETAIL JUSTIFICATION OF THE EXPENDITURE IS REQUIRED, INCLUDING REASON FOR PURCHASE OF GOODS/REQUEST FOR SERVICE. AT THE END OF THE PROJECT, A FINAL PROJECT REPORT IS PREPARED AND SUBMITTED BY THE GRANTEE.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="RetDoc1042400001">
      <WrittenEmploymentContract>X</WrittenEmploymentContract>
      <SeverancePayment>0</SeverancePayment>
      <SupplementalNonqualRetirePlan>0</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>0</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>0</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>0</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>0</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>0</CompBasedNetEarningsRelateOrgs>
      <AnyNonFixedPayments>0</AnyNonFixedPayments>
      <InitialContractException>0</InitialContractException>
      <Form990ScheduleJPartII>
        <NamePerson>DR SAMUEL L STANLEY JR</NamePerson>
        <BaseCompensationFilingOrg>250000</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>0</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>0</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>0</DeferredCompFilingOrg>
        <DeferredCompRelatedOrgs>0</DeferredCompRelatedOrgs>
        <NontaxableBenefitsFilingOrg>0</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>0</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationFilingOrg>250000</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>DR KENNETH KAUSHANSKY</NamePerson>
        <BaseCompensationFilingOrg>319679</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>0</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>0</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>0</DeferredCompFilingOrg>
        <DeferredCompRelatedOrgs>0</DeferredCompRelatedOrgs>
        <NontaxableBenefitsFilingOrg>0</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>0</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationFilingOrg>319679</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>DR DENNIS ASSANIS</NamePerson>
        <BaseCompensationFilingOrg>27500</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>0</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>0</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>0</DeferredCompFilingOrg>
        <DeferredCompRelatedOrgs>0</DeferredCompRelatedOrgs>
        <NontaxableBenefitsFilingOrg>0</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>0</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationFilingOrg>27500</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>MR DEXTER A BAILEY JR</NamePerson>
        <BaseCompensationFilingOrg>7767</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>0</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>0</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>0</DeferredCompFilingOrg>
        <DeferredCompRelatedOrgs>0</DeferredCompRelatedOrgs>
        <NontaxableBenefitsFilingOrg>0</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>0</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationFilingOrg>7767</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartIII>
        <ReturnReference>PART I, LINE 3</ReturnReference>
        <Explanation>BUDGET COMMITTEE REVIEWS AND PROVIDES RECOMMENDATIONS TO THE BOARD. THE BOARD APPROVES.</Explanation>
      </Form990ScheduleJPartIII>
    </IRS990ScheduleJ>
    <IRS990ScheduleL documentId="RetDoc1042800001">
      <LoanTable>
        <NamePerson>DEXTER BAILEY JR</NamePerson>
        <LoanFromOrganization>X</LoanFromOrganization>
        <OriginalPrincipalAmount>300000</OriginalPrincipalAmount>
        <BalanceDue>240000</BalanceDue>
        <Default>0</Default>
        <ApprovedByBoard>1</ApprovedByBoard>
        <WrittenAgreement>1</WrittenAgreement>
      </LoanTable>
      <LoanTable>
        <NamePerson>DIONISSIOS ASSANIS</NamePerson>
        <LoanFromOrganization>X</LoanFromOrganization>
        <OriginalPrincipalAmount>300000</OriginalPrincipalAmount>
        <BalanceDue>300000</BalanceDue>
        <Default>0</Default>
        <ApprovedByBoard>0</ApprovedByBoard>
        <WrittenAgreement>1</WrittenAgreement>
      </LoanTable>
      <TotalBalanceDue>540000</TotalBalanceDue>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>DR JAMES H SIMONS</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>BOARD MEMBER</Relationship>
        <AmountOfTransaction>43736205</AmountOfTransaction>
        <DescriptionOfTransaction>INVESTMENT</DescriptionOfTransaction>
        <SharingOfRevenues>0</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>DR LEO A GUTHART</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>BOARD MEMBER</Relationship>
        <AmountOfTransaction>335141</AmountOfTransaction>
        <DescriptionOfTransaction>INVESTMENT</DescriptionOfTransaction>
        <SharingOfRevenues>0</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>WALTER B KISSINGER</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>BOARD MEMBER</Relationship>
        <AmountOfTransaction>185548</AmountOfTransaction>
        <DescriptionOfTransaction>INVESTMENT</DescriptionOfTransaction>
        <SharingOfRevenues>0</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>WALTER B KISSINGER</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>BOARD MEMBER</Relationship>
        <AmountOfTransaction>6732</AmountOfTransaction>
        <DescriptionOfTransaction>INVESTMENT FEES</DescriptionOfTransaction>
        <SharingOfRevenues>0</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>DR JAMES H SIMONS</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>BOARD MEMBER</Relationship>
        <AmountOfTransaction>325959</AmountOfTransaction>
        <DescriptionOfTransaction>INVESTMENT FEES</DescriptionOfTransaction>
        <SharingOfRevenues>0</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>DR LEO A GUTHART</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>BOARD MEMBER</Relationship>
        <AmountOfTransaction>4678</AmountOfTransaction>
        <DescriptionOfTransaction>INVESTMENT FEES</DescriptionOfTransaction>
        <SharingOfRevenues>0</SharingOfRevenues>
      </Form990ScheduleLPartIV>
    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="RetDoc1042900001">
      <WorksOfArt>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>14</NumberOfContributions>
        <NoncashContribsRptdF990>55848</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>APPRAISAL</MethodOfDeterminingRevenues>
      </WorksOfArt>
      <BooksAndPublications>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NoncashContribsRptdF990>120000</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>APPRAISAL</MethodOfDeterminingRevenues>
      </BooksAndPublications>
      <BoatsAndPlanes>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>22</NumberOfContributions>
        <NoncashContribsRptdF990>20200</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>MARKET VALUE</MethodOfDeterminingRevenues>
      </BoatsAndPlanes>
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>16</NumberOfContributions>
        <NoncashContribsRptdF990>246939</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>MARKET VALUE</MethodOfDeterminingRevenues>
      </SecuritiesPubliclyTraded>
      <RealEstateOther>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>4</NumberOfContributions>
        <NoncashContribsRptdF990>62100</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>APPRAISAL</MethodOfDeterminingRevenues>
      </RealEstateOther>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>EQUIPMENT</Description>
        <NumberOfContributions>2</NumberOfContributions>
        <NoncashContribsRptdF990>118827</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>APPRAISAL</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>PIANO</Description>
        <NumberOfContributions>2</NumberOfContributions>
        <NoncashContribsRptdF990>42200</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>APPRAISAL</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>SUPPLIES</Description>
        <NumberOfContributions>2</NumberOfContributions>
        <NoncashContribsRptdF990>4502</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>MARKET VALUE/APPRAISAL</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <NumberOf8283Received>0</NumberOf8283Received>
      <AnyPropertyThatMustBeHeld>0</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>1</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>1</ThirdPartiesUsed>
      <Form990ScheduleMPartII>
        <Identifier>THIRD PARTY USE:</Identifier>
        <ReturnReference>PART I, LINE 32B:</ReturnReference>
        <Explanation>THE FOUNDATION USES BROKERS TO SELL STOCKS GIFTED TO THE FOUNDATION.</Explanation>
      </Form990ScheduleMPartII>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 2</ReturnReference>
        <Explanation>MR. CARY F. STALLER AND MR. ERWIN P. STALLER, BOARD MEMBERS - FATHER &amp; SON RELATIONSHIP.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>THE FORM 990 IS REVIEWED BY STONY BROOK FOUNDATION MANAGEMENT AND IS THEN FORWARDED TO THE BOARD OF TRUSTEES FOR REVIEW AND COMMENT. EXECUTIVE COMMITTEE MAKES FINAL APPROVAL.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>CONFLICT OF INTEREST - BOARD MEMBERS HAVING A CONFLICT OF INTEREST MUST DISCLOSE THE ISSUE TO THE BOARD. A CONFLICT MAY BE WAIVED BY A VOTE OF TWO-THIRDS. THE BOARD MEMBER WITH THE CONFLICT MAY NOT VOTE. ANY BOARD MEMBER WHO HAS NOT COMPLETED A NEW CONFLICT OF INTEREST STATEMENT ON THE FIRST DAY OF THE NEW FISCAL YEAR MAY NOT VOTE AT ANY MEETINGS OF THE BOARD UNITL THE FORM IS SUBMITTED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>BUDGET COMMITTEE REVIEWS AND PROVIDES RECOMMENDATIONS TO THE BOARD. THE BOARD APPROVES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>THE FOUNDATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CHANGES IN NET ASSETS OR FUND BALANCES:</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 5:</ReturnReference>
        <Explanation>NET UNREALIZED GAINS ON INVESTMENTS: 1,952,658.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>STONY BROOK FOUNDATION REALTY</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>230 ADMINISTRATION</AddressLine1>
          <City>STONY BROOK</City>
          <State>NY</State>
          <ZIPCode>11794</ZIPCode>
        </AddressUS>
        <EIN>112622814</EIN>
        <PrimaryActivities>FACILITATING THE DEVELOPMENT &amp; OPERATION OF A CONFERENCE CENTER/HOTEL</PrimaryActivities>
        <LegalDomicileState>NY</LegalDomicileState>
        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>LINE 9</PublicCharityStatus>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>STONY BROOK FOUNDATION DELAWARE</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>230 ADMINISTRATION</AddressLine1>
          <City>STONY BROOK</City>
          <State>NY</State>
          <ZIPCode>11794</ZIPCode>
        </AddressUS>
        <EIN>133550753</EIN>
        <PrimaryActivities>MANAGE DONATED PROPERTY</PrimaryActivities>
        <LegalDomicileState>DE</LegalDomicileState>
        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>LINE 9</PublicCharityStatus>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>LONG ISLAND HIGH TECHNOLOGY INCUBATOR INC</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>25 EAST LOOP ROAD</AddressLine1>
          <City>STONY BROOK</City>
          <State>NY</State>
          <ZIPCode>11790</ZIPCode>
        </AddressUS>
        <EIN>113059018</EIN>
        <PrimaryActivities>DEVELOP HIGH TECHNOLOGY COMPANIES ON LONG ISLAND</PrimaryActivities>
        <LegalDomicileState>NY</LegalDomicileState>
        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>LINE 9</PublicCharityStatus>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>0</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>0</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>0</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>0</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>0</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>0</SharingOfFacilities>
      <SharingOfPaidEmployees>0</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>0</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>0</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>0</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
</Return>