﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2011v1.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-11-13T12:54:45-06:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>591818353</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>KAUFMAN ROSSIN &amp; CO PA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>2699 S BAYSHORE DRIVE</AddressLine1>
        <City>MIAMI</City>
        <State>FL</State>
        <ZIPCode>33133</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>650662182</EIN>
      <Name>
        <BusinessNameLine1>THE FLORMAN FAMILY FOUNDATION INC</BusinessNameLine1>
        <BusinessNameLine2>C/O ROBERT PUCK WLD ENTERPRISES</BusinessNameLine2>
      </Name>
      <NameControl>FLOR</NameControl>
      <Phone>9545237771</Phone>
      <USAddress>
        <AddressLine1>401 EAST LAS OLAS BLVD NO 2200</AddressLine1>
        <City>FORT LAUDERDALE</City>
        <State>FL</State>
        <ZIPCode>33301</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>ROBERT J PUCK</Name>
      <Title>PRESIDENT</Title>
      <Phone>9545237771</Phone>
      <DateSigned>2012-11-13</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>J MICHAEL CUSTER</Name>
      <PTIN>P00262706</PTIN>
      <Phone>3058585600</Phone>
      <DatePrepared>2012-11-13</DatePrepared>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="10">
    <IRS990PF documentId="RetDoc1235000001">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>6731395</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <DividendsRevAndExpnss>193988</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>193988</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>245190</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>172686</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>245450</CapitalGainNetIncmNetInvstIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="RetDoc2001500001">81054</OtherIncomeRevAndExpnss>
        <OtherIncomeNetInvstIncm>68607</OtherIncomeNetInvstIncm>
        <TotalRevenueAndExpenses>520232</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>508045</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>0</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>0</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>0</CompOfcrDirTrstDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc2002200001">10981</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>5491</AccountingFeesNetInvstIncm>
        <AccountingFeesDsbrsChrtblPrps>0</AccountingFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="RetDoc2002300001">52378</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>18378</OtherProfFeesNetInvstIncm>
        <OtherProfFeesDsbrsChrtblPrps>34000</OtherProfFeesDsbrsChrtblPrps>
        <InterestRevAndExpnss>4329</InterestRevAndExpnss>
        <InterestNetInvstIncm>4329</InterestNetInvstIncm>
        <InterestDsbrsChrtblPrps>0</InterestDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">14</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>14</TaxesNetInvstIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <TravConfMeetingRevAndExpnss>927</TravConfMeetingRevAndExpnss>
        <TravConfMeetingNetInvstIncm>0</TravConfMeetingNetInvstIncm>
        <TravConfMeetingDsbrsChrtblPrps>0</TravConfMeetingDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc2003200001">46799</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>46623</OtherExpensesNetInvstIncm>
        <OtherExpensesDsbrsChrtblPrps>0</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>115428</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>74835</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>34000</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>345000</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>345000</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>460428</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>74835</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>379000</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>59804</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>433210</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>90883</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>99542</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>99542</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpBondsBOY>3474661</InvestmentsCorpBondsBOY>
        <InvestmentsCorpBondsEOY referenceDocumentId="RetDoc2044400001">3355576</InvestmentsCorpBondsEOY>
        <InvestmentsCorpBondsEOYFMV>3357723</InvestmentsCorpBondsEOYFMV>
        <InvestmentsOtherBOY>2989817</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="RetDoc2018100001">3683733</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>3264309</InvestmentsOtherEOYFMV>
        <OtherAssetsBOY referenceDocumentId="RetDoc2046600001">11125</OtherAssetsBOY>
        <OtherAssetsEOY referenceDocumentId="RetDoc2046600001">9821</OtherAssetsEOY>
        <OtherAssetsEOYFMV referenceDocumentId="RetDoc2046600001">9821</OtherAssetsEOYFMV>
        <TotalAssetsBOY>6566486</TotalAssetsBOY>
        <TotalAssetsEOY>7148672</TotalAssetsEOY>
        <TotalAssetsEOYFMV>6731395</TotalAssetsEOYFMV>
        <TotalLiabilitiesBOY>0</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>0</CapitalStockBOY>
        <CapitalStockEOY>0</CapitalStockEOY>
        <PaidInOrCapitalSurplusBOY>0</PaidInOrCapitalSurplusBOY>
        <PaidInOrCapitalSurplusEOY>0</PaidInOrCapitalSurplusEOY>
        <RetainedEarningsBOY>6566486</RetainedEarningsBOY>
        <RetainedEarningsEOY>7148672</RetainedEarningsEOY>
        <TotalNetAssetsBOY>6566486</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>7148672</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>6566486</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>7148672</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>6566486</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>59804</ExcessOfRevenueOverExpenses>
        <OtherIncreases referenceDocumentId="RetDoc2049700001">522382</OtherIncreases>
        <Subtotal>7148672</Subtotal>
        <OtherDecreases>0</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>7148672</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>PUBLICLY TRADED SECURITIES - NORTHERN TRUST 43775</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>128817</GrossSalesPrice>
          <CostOrOtherBasis>119086</CostOrOtherBasis>
          <GainOrLoss>9731</GainOrLoss>
          <GainsMinusExcessOrLosses>9731</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>NORTHERN TRUST 43775 LITIGATION PROCEEDS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>52</GrossSalesPrice>
          <GainOrLoss>52</GainOrLoss>
          <GainsMinusExcessOrLosses>52</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>40.6468 SHARES - GOLDENTREE OFFSHORE FUND LTD</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>43817</GrossSalesPrice>
          <CostOrOtherBasis>32590</CostOrOtherBasis>
          <GainOrLoss>11227</GainOrLoss>
          <GainsMinusExcessOrLosses>11227</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>FROM K-1 COMMONFUND MULTI-STRATEGY EQUITY LLC</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>43251</GainOrLoss>
          <GainsMinusExcessOrLosses>43251</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>FROM K-1 COMMONFUND MULTI-STRATEGY EQUITY LLC</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>106259</GainOrLoss>
          <GainsMinusExcessOrLosses>106259</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>FROM K-1 COMMONFUND MULTI-STRATEGY EQUITY LLC</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>6477</GainOrLoss>
          <GainsMinusExcessOrLosses>6477</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>FROM K-1 COMMONFUND INTERNATIONAL EQUITY FUND LLC</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>51059</GainOrLoss>
          <GainsMinusExcessOrLosses>51059</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>FROM K-1 COMMONFUND INTERNATIONAL EQUITY FUND LLC</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>18511</GainOrLoss>
          <GainsMinusExcessOrLosses>18511</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>FROM K-1 IRONWOOD CAPITAL PARTNERS LP SHORT TERM CAPITAL GAIN</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <CostOrOtherBasis>47</CostOrOtherBasis>
          <GainOrLoss>-47</GainOrLoss>
          <GainsMinusExcessOrLosses>-47</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>FROM K-1 IRONWOOD CAPITAL PARTNERS LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <CostOrOtherBasis>1145</CostOrOtherBasis>
          <GainOrLoss>-1145</GainOrLoss>
          <GainsMinusExcessOrLosses>-1145</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>FROM K-1 IRONWOOD CAPITAL PARTNERS L.P.</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>75</GainOrLoss>
          <GainsMinusExcessOrLosses>75</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>245450</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>0</LiableFor4942Tax>
        <QualifyingDistributionsYear1>589505</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>7361178</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.080083</DistributionRatioYear1>
        <QualifyingDistributionsYear2>696922</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>7477021</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.093209</DistributionRatioYear2>
        <QualifyingDistributionsYear3>620735</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>7944564</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.078133</DistributionRatioYear3>
        <QualifyingDistributionsYear4>504722</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>10317508</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.048919</DistributionRatioYear4>
        <QualifyingDistributionsYear5>542418</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>9966349</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.054425</DistributionRatioYear5>
        <TotalDistributionRatio>0.354769</TotalDistributionRatio>
        <AverageDistributionRatio>0.070954</AverageDistributionRatio>
        <NetNoncharitableAssets>6774520</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>480679</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>4332</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>485011</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>379000</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>8664</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>8664</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>8664</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>2005</EstTaxPaymentsAndOverpayment>
        <TaxPaidWithExtension>12000</TaxPaidWithExtension>
        <TotalCreditsAndPayments>14005</TotalCreditsAndPayments>
        <Overpayment>5341</Overpayment>
        <AmountCreditedToNextYear>5341</AmountCreditedToNextYear>
        <AmountToBeRefunded>0</AmountToBeRefunded>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>0</LegislativePoliticalActivities>
        <MoreThan100Spent>0</MoreThan100Spent>
        <Form1120POLFiled>0</Form1120POLFiled>
        <Sect4955TaxOnOrganization>0</Sect4955TaxOnOrganization>
        <Sect4955TaxOnManagers>0</Sect4955TaxOnManagers>
        <ReimbursementOfTax>0</ReimbursementOfTax>
        <ActivitiesNotPrevReported>0</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>0</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>0</UnrelatedBusIncomeOver1000>
        <TerminationEtc>0</TerminationEtc>
        <RequirementsOfSect508e>1</RequirementsOfSect508e>
        <AtLeast5000InAssets>1</AtLeast5000InAssets>
        <StatesFiledWith>FL</StatesFiledWith>
        <Form990PFFiledWithAG>1</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>0</PrivateOperatingFoundation>
        <NewSubstantialContributors>0</NewSubstantialContributors>
        <InterestInControlledEntity>0</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>SHELLEY MARCIANO</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>9545237771</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>401 EAST LAS OLAS BLVD 2200</AddressLine1>
          <City>FT LAUDERDALE</City>
          <State>FL</State>
          <ZIPCode>33301</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>0</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>0</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>0</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>0</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>0</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>0</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>0</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>0</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>0</UndistributedIncomePriorYears>
        <BusinessHoldings>0</BusinessHoldings>
        <JeopardyInvestments>0</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>0</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>0</InfluenceLegislation>
        <InfluenceElection>0</InfluenceElection>
        <GrantsToIndividuals>0</GrantsToIndividuals>
        <GrantsToOrganizations>0</GrantsToOrganizations>
        <NoncharitablePurpose>0</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>0</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>0</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>0</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>ROBERT J PUCK</PersonName>
          <USAddress>
            <AddressLine1>401 EAST LAS OLAS BLVD STE 2200</AddressLine1>
            <City>FT LAUDERDALE</City>
            <State>FL</State>
            <ZIPCode>33301</ZIPCode>
          </USAddress>
          <Title>PRESIDENT</Title>
          <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>SHELLEY MARCIANO</PersonName>
          <USAddress>
            <AddressLine1>401 EAST LAS OLAS BLVD STE 2200</AddressLine1>
            <City>FT LAUDERDALE</City>
            <State>FL</State>
            <ZIPCode>33301</ZIPCode>
          </USAddress>
          <Title>SECRETARY/TREASURER</Title>
          <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>MARK BLANK</PersonName>
          <USAddress>
            <AddressLine1>1172 SOUTH DIXIE HIGHWAY 497</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33146</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>NEIL FLORMAN</PersonName>
          <USAddress>
            <AddressLine1>PO BOX 566388</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33256</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>3481304</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>132072</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>3264309</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>6877685</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>6877685</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>103165</CashDeemedCharitable>
        <NetNoncharitableAssets>6774520</NetNoncharitableAssets>
        <MinimumInvestmentReturn>338726</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>338726</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>8664</TaxBasedOnInvestmentIncome>
        <TotalTax>8664</TotalTax>
        <DistributableAmountBeforeAdj>330062</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>330062</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>330062</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>379000</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>379000</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>0</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>379000</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>330062</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <ExcessDistriCarryoverYear5>60904</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>10419</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>224337</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>315003</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>225436</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>836099</TotalExcessDistriCarryover>
        <QualifyingDistributions>379000</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>330062</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>48938</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>885037</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>60904</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>824133</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>10419</ExcessFromYear4>
        <ExcessFromYear3>224337</ExcessFromYear3>
        <ExcessFromYear2>315003</ExcessFromYear2>
        <ExcessFromYear1>225436</ExcessFromYear1>
        <ExcessFromCurrentYear>48938</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BOGGY CREEK GANG A HOLE IN THE WALL GANG CAMP INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>30500 BRANTLEY BRANCH ROAD</AddressLine1>
            <City>EUSTIS</City>
            <State>FL</State>
            <ZIPCode>32736</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHILDREN'S BEREAVEMENT CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>7600 SW RED ROAD SUITE 307</AddressLine1>
            <City>SOUTH MIAMI</City>
            <State>FL</State>
            <ZIPCode>33143</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHOPIN FOUNDATION OF THE UNITED STATES INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1440 79TH STREET CAUSEWAY 117</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33141</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FARM SHARE INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>300 N KROME AVENUE 12</AddressLine1>
            <City>FLORIDA CITY</City>
            <State>FL</State>
            <ZIPCode>33034</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FEEDING SOUTH FLORIDA INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5850 NW 32ND AVENUE</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33142</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GREATER MIAMI JEWISH FEDERATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4200 BISCAYNE BLVD</AddressLine1>
            <City>CORAL GABLES</City>
            <State>FL</State>
            <ZIPCode>33137</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MIAMI CITY BALLET INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2200 LIBERTY AVENUE</AddressLine1>
            <City>MIAMI BEACH</City>
            <State>FL</State>
            <ZIPCode>33139</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MIAMI JEWISH HEALTH SYSTEMS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5200 NE 2ND AVENUE</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33137</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MIAMI LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>601 SW 8TH AVENUE</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33130</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SENIOR LIFT CENTER INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>8505 MILLS DRIVE</AddressLine1>
            <City>MIAMI BEACH</City>
            <State>FL</State>
            <ZIPCode>33183</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TSIC INC (TAKE STOCK IN CHILDREN)</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>300 NE 2ND AVE ROOM 5501-8 WOLFSON</AddressLine1>
            <AddressLine2>CAMPUS</AddressLine2>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33132</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>150000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIVERSITY OF MIAMI SCHOOL OF MEDICINECORE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 016960</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33131</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>7500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WPBT COMMUNICATIONS CHANNEL 2 FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 610002</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33261</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>345000</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>193988</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <OtherInvestmentIncomePartVII>
          <ExclusionCode>01</ExclusionCode>
          <ExclusionAmount>67193</ExclusionAmount>
        </OtherInvestmentIncomePartVII>
        <GainSalesAssetsOthThanInvntry>
          <BusinessCode>900099</BusinessCode>
          <UnrelatedBusinessIncomeAmount>-260</UnrelatedBusinessIncomeAmount>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>245450</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <OtherRevenueDescribed>
          <Description>FROM K-1 - IRONWOOD CAPITAL PARTNERS L.P. - BUSINESS INCOME</Description>
          <BusinessCode>900099</BusinessCode>
          <UnrelatedBusinessIncomeAmount>-1466</UnrelatedBusinessIncomeAmount>
          <ExclusionCode>01</ExclusionCode>
          <ExclusionAmount>1313</ExclusionAmount>
        </OtherRevenueDescribed>
        <OtherRevenueDescribed>
          <Description>FROM K-1 - IRONWOOD CAPITAL PARTNERS L.P. - ROYALTY INCOME</Description>
          <ExclusionCode>15</ExclusionCode>
          <ExclusionAmount>101</ExclusionAmount>
        </OtherRevenueDescribed>
        <OtherRevenueDescribed>
          <Description>FEDERAL TAX REFUND</Description>
          <ExclusionCode>01</ExclusionCode>
          <ExclusionAmount>13913</ExclusionAmount>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>-1726</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>521958</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>520232</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>0</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>0</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>0</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>0</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>0</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>0</ReimbursementArrangements>
        <LoansOrLoanGuarantees>0</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>0</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>0</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>0</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFees>
        <Category>ACCOUNTANT FEES</Category>
        <Amount>10981</Amount>
        <NetInvestmentIncome>5491</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorpBonds>
        <NameOfBond>CORPORATE BONDS / BOND FUNDS</NameOfBond>
        <EOYBookValue>3355576</EOYBookValue>
        <EOYFMV>3357723</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOther>
        <CategoryOrItem>IRONWOOD CAPITAL PARTNERS, LP</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>12996</BookValue>
        <EOYFMV>12996</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>INVESTMENT IN GOLDEN TREE HIGH YIELD</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>39716</BookValue>
        <EOYFMV>48492</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>COMMONFUND INTERNATIONAL EQUITY FUND LLC</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>1226237</BookValue>
        <EOYFMV>1001592</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>COMMONFUND MULTI-STRATEGY EQUITY LLC</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>2404784</BookValue>
        <EOYFMV>2201229</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssets>
        <Description>DIVIDENDS RECEIVABLE</Description>
        <BOYBookValue>11125</BOYBookValue>
        <EOYBookValue>9821</EOYBookValue>
        <EOYFMV>9821</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>ANNUAL CORPORATION FEE</Description>
        <RevenueAndExpensesPerBooks>61</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>OFFICE EXPENSE</Description>
        <RevenueAndExpensesPerBooks>105</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>FROM K-1 - COMMONFUND INTERNATIONAL EQUITY FUND</Description>
        <RevenueAndExpensesPerBooks>16640</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>16640</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>FROM K-1 - COMMONFUND MULTI-STRATETY EQUITY LLC</Description>
        <RevenueAndExpensesPerBooks>14975</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>14975</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>FROM K-1 - IRONWOOD CAPITAL PARTNERS L.P. - NONDEDUCTIBLE EXPENSES</Description>
        <RevenueAndExpensesPerBooks>859</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>849</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>STATE STREET COMMONFUNDS INVESTMENT FEES</Description>
        <RevenueAndExpensesPerBooks>14159</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>14159</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncome>
        <Description>FROM K-1 - IRONWOOD CAPITAL PARTNERS L.P. - OTHER PORTFOLIO INCOME</Description>
        <RevenueAndExpensesPerBooks>-3379</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>-3379</NetInvestmentIncome>
        <AdjustedNetIncome>-3379</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>FROM K-1 - COMMONFUND INTERNATIONAL EQUITY FUND LLC OTHER PORTFOLIO INCOME</Description>
        <RevenueAndExpensesPerBooks>19506</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>19506</NetInvestmentIncome>
        <AdjustedNetIncome>19506</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>FROM K-1 - COMMONFUND MULTI-STRATEGY EQUITY LLC OTHER PORTFOLIO INCOME</Description>
        <RevenueAndExpensesPerBooks>51066</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>51066</NetInvestmentIncome>
        <AdjustedNetIncome>51066</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>FROM K-1 - IRONWOOD CAPITAL PARTNERS L.P. - BUSINESS INCOME</Description>
        <RevenueAndExpensesPerBooks>-153</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>1313</NetInvestmentIncome>
        <AdjustedNetIncome>-153</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>FROM K-1 - IRONWOOD CAPITAL PARTNERS L.P. - ROYALTY INCOME</Description>
        <RevenueAndExpensesPerBooks>101</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>101</NetInvestmentIncome>
        <AdjustedNetIncome>101</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>FEDERAL TAX REFUND</Description>
        <RevenueAndExpensesPerBooks>13913</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>13913</AdjustedNetIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="RetDoc2049700001">
      <OtherIncreases>
        <Description>PARTNERSHIP - BOOK/TAX DIFFERENCES</Description>
        <Amount>522382</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFees>
        <Category>INVESTMENT ADVISORY-NT</Category>
        <Amount>18378</Amount>
        <NetInvestmentIncome>18378</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
      <OtherProfessionalFees>
        <Category>GRANT CONSULTANT FEES</Category>
        <Amount>4000</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>4000</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
      <OtherProfessionalFees>
        <Category>GRANT CONSULTANT FEES</Category>
        <Amount>30000</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>30000</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>FOREIGN TAXES WITHHELD</Category>
        <Amount>14</Amount>
        <NetInvestmentIncome>14</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>