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        <DistributableAmountAsAdjusted>68099</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>51371</UndistributedIncomePriorYear>
        <QualifyingDistributions>54500</QualifyingDistributions>
        <AppliedToYear1>51371</AppliedToYear1>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>3129</AppliedToCurrentYear>
        <UndistributedIncomeCY>64970</UndistributedIncomeCY>
      </UndistributedIncome>
      <SupplementaryInformation>
        <AppicationSubmissionInfo>
          <RecipientName>ANNETTE DUBNER</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>7555 MANDARIN DRIVE</AddressLine1>
            <City>BOCA RATON</City>
            <State>FL</State>
            <ZIPCode>33433</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>5614888773</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>LETTER</FormAndInfoAndMaterials>
          <SubmissionDeadlines>NONE</SubmissionDeadlines>
          <RestrictionsOnAwards>NONE</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>THE RUSTY STAUB FOUNDATION</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>292 MADISON AVENUE - 9TH FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10017</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(c)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNLIMITED USE</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>VINCEREMOS THERAPEUTIC RIDING CENTE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>13300 SIXTH COURT NORTH</AddressLine1>
            <City>LOXAHATCHEE</City>
            <State>FL</State>
            <ZIPCode>33470</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(c)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNLIMITED USE</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SHE'S THE FIRST</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 20483 COLUMBUS CIRC STATION</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10023</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(c)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNLIMITED USE</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SAFE HARBOR ANIMAL RECUE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>185 E INDIANTOWN RD 205</AddressLine1>
            <City>JUPITER</City>
            <State>FL</State>
            <ZIPCode>33477</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(c)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNLIMITED USE</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>MARINE TOYS FOR TOTS FOUNDATION</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>18251 QUANTICO GATEWAY DR</AddressLine1>
            <City>TRIANGLE</City>
            <State>VA</State>
            <ZIPCode>22172</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(c)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNLIMITED USE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>MAKE A WISH FOUNDATION</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>4491 S STATE ROAD 7 SUITE 201</AddressLine1>
            <City>FT LAUDERDALE</City>
            <State>FL</State>
            <ZIPCode>33314</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(c)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNLIMITED USE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>BUSH WILDLIFE SANCTUARY</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>2500 JUPITER PARK DR</AddressLine1>
            <City>JUPITER</City>
            <State>FL</State>
            <ZIPCode>33458</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(c)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNLIMITED USE</PurposeOfGrantOrContribution>
          <Amount>7000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SOME SO OTHERS MIGHT EAT</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>71 O STREET NW</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(c)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNLIMITED USE</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>INOVA HEALTH SYSTEM FOUNDATION</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>8110 GATEHOUSE ROAD SUITE 200 EAST</AddressLine1>
            <City>FALLS CHURCH</City>
            <State>VA</State>
            <ZIPCode>22042</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(c)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNLIMITED USE</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>THE LOVE DOCTORS CHARITIES</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 880862</AddressLine1>
            <City>PORT SAINT LUCIE</City>
            <State>FL</State>
            <ZIPCode>34988</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(c)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNLIMITED USE</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>54500</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>51200</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>13187</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>5589</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>69976</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>69976</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule" softwareId="11000144" softwareVersion="2011v1.2">
      <InvestmentsCorpBonds>
        <NameOfBond>MORGAN STANLEY SENIOR FIXED 4%</NameOfBond>
        <EOYBookValue>50000</EOYBookValue>
        <EOYFMV>44917</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>SUNTRUST BANK 5.45%</NameOfBond>
        <EOYBookValue>84729</EOYBookValue>
        <EOYFMV>106541</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>BANK OF AMERICA CORP 6.05%</NameOfBond>
        <EOYBookValue>75000</EOYBookValue>
        <EOYFMV>71479</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>AMERICAN EXPRESS BAN 5.5%</NameOfBond>
        <EOYBookValue>72452</EOYBookValue>
        <EOYFMV>78394</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="11000144" softwareVersion="2011v1.2">
      <InvestmentsCorpStock>
        <NameOfStock>GMAC CAPITAL TRUST I 8.125%</NameOfStock>
        <EOYBookValue>39441</EOYBookValue>
        <EOYFMV>29010</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>GMAC LLC 7.30% 3/9/31 PINES</NameOfStock>
        <EOYBookValue>36020</EOYBookValue>
        <EOYFMV>31035</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>VORNADO REALTY LP 7.875%</NameOfStock>
        <EOYBookValue>37500</EOYBookValue>
        <EOYFMV>41220</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>MERRILL LYNCH CAP TR III 7.375%</NameOfStock>
        <EOYBookValue>75000</EOYBookValue>
        <EOYFMV>64380</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>MBNA CORP SER D 8.125%</NameOfStock>
        <EOYBookValue>39007</EOYBookValue>
        <EOYFMV>35400</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>JPM CHASE CAPITAL XXVIII 7.2%</NameOfStock>
        <EOYBookValue>75000</EOYBookValue>
        <EOYFMV>76530</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>FIFTH THIRD CAP TR VI 7.25%</NameOfStock>
        <EOYBookValue>25000</EOYBookValue>
        <EOYFMV>25320</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>NEXTERA ENERGY CAP HLDGS INC</NameOfStock>
        <EOYBookValue>75000</EOYBookValue>
        <EOYFMV>79230</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>BANK OF AMERICA CORP 8.20%</NameOfStock>
        <EOYBookValue>50000</EOYBookValue>
        <EOYFMV>44200</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>BANK OF AMERICA CORP 8.625% Q PFD</NameOfStock>
        <EOYBookValue>50000</EOYBookValue>
        <EOYFMV>43920</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2" softwareId="11000144" softwareVersion="2011v1.2">
      <InvestmentsOther>
        <CategoryOrItem>MORGAN STANLEY 7.5%</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>35000</BookValue>
        <EOYFMV>31588</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>CITIGROUP FUNDING INC LASERS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>30000</BookValue>
        <EOYFMV>33060</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="11000144" softwareVersion="2011v1.2">
      <OtherExpenses>
        <Description>OFFICE EXPENSE</Description>
        <RevenueAndExpensesPerBooks>63</RevenueAndExpensesPerBooks>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="11000144" softwareVersion="2011v1.2">
      <Taxes>
        <Category>EXCISE TAX</Category>
        <Amount>1550</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>