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        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MONARCH SCHOOL PROJECT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>808 W CEDAR ST</AddressLine1>
            <City>SAN DIEGO</City>
            <State>CA</State>
            <ZIPCode>92101</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>OUR SISTERS SCHOOL INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>145 BROWNELL AVE</AddressLine1>
            <City>NEW BEDFORD</City>
            <State>MA</State>
            <ZIPCode>02740</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>8000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PANCREATIC CANCER ACTION NETWORK IN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1500 ROSECRANS AVE STE 200</AddressLine1>
            <City>MANHATTAN BCH</City>
            <State>CA</State>
            <ZIPCode>90266</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WATERSIDE SCHOOL INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>770 PACIFIC ST</AddressLine1>
            <City>STAMFORD</City>
            <State>CT</State>
            <ZIPCode>06902</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ZERO THE PROJECT TO END PROSTATE CA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>10 G ST NE STE 601</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20002</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>328000</TotGrantOrContriPaidDuringYear>
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        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>213</ExclusionAmount>
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        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>437432</ExclusionAmount>
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        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>14960</ExclusionAmount>
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        <SubtotalsPartXVIA>
          <ExclusionAmount>452605</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>452605</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>
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      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
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      <InvestmentsCorpBonds>
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      <InvestmentsCorpBonds>
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        <EOYFMV>35000</EOYFMV>
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      <InvestmentsCorpBonds>
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      <InvestmentsCorpBonds>
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        <EOYFMV>97829</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>CREDIT SUISSE MED TERM - 0.000 - 05/31/2012 22546E5H3 10000000.00%</NameOfBond>
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      <InvestmentsCorpBonds>
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      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
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      <InvestmentsCorpBonds>
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        <EOYFMV>24997</EOYFMV>
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      <InvestmentsCorpBonds>
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        <EOYFMV>84670</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>JPMORGAN CHASE CO - 10.000 - 08/31/2012 48125XM60 10000000.00%</NameOfBond>
        <EOYBookValue>100000</EOYBookValue>
        <EOYFMV>99550</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>PFIZER INC - 4.500 - 02/15/2014 717081AR4 12500000.00%</NameOfBond>
        <EOYBookValue>123438</EOYBookValue>
        <EOYFMV>134643</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>SBC COMMUNICATIONS - 5.100 - 9/15/2014 78387GAP8 11000000.00%</NameOfBond>
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      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
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        <EOYFMV>51001</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="990PF:89" softwareId="11000218" softwareVersion="2011.0.0">
      <InvestmentsCorpStock>
        <NameOfStock>3155 shares of ALMOST FAMILY INC AFAM</NameOfStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>500 shares of APPLE INC. AAPL</NameOfStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>4000 shares of ARCH COAL INC. ACI</NameOfStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>4000 shares of BANK ONE CAP VI 7.2 ONE-PW</NameOfStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>6423 shares of CALAMOS CONVERTIBLE CLASS A CCVIX</NameOfStock>
        <EOYBookValue>117775</EOYBookValue>
        <EOYFMV>109896</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
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        <EOYFMV>123556</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>3000 shares of CENTURY TEL INC CTL</NameOfStock>
        <EOYBookValue>99298</EOYBookValue>
        <EOYFMV>111600</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>3100 shares of COCA-COLA CO KO</NameOfStock>
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        <EOYFMV>216907</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
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        <EOYFMV>197116</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>11525 shares of EARTHLINK NETWORK, INC. ELNK</NameOfStock>
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        <EOYFMV>74221</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>3000 shares of EXELIS, INC XLS</NameOfStock>
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        <EOYFMV>27150</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
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        <EOYFMV>17910</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>1500 shares of ITT CORP. ITT</NameOfStock>
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        <EOYFMV>28995</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
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      <InvestmentsCorpStock>
        <NameOfStock>100000 shares of LB 100 PPN-CSDAN 30Y-2Y SWAP SPRD LBPPN</NameOfStock>
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      <InvestmentsCorpStock>
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      <InvestmentsCorpStock>
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      <InvestmentsCorpStock>
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      <InvestmentsCorpStock>
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      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
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      <InvestmentsCorpStock>
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        <DisbursementsCharitablePrps>41479</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
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        <NetInvestmentIncome>100</NetInvestmentIncome>
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      <OtherProfessionalFees>
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        <NetInvestmentIncome>84967</NetInvestmentIncome>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
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      <Taxes>
        <Category>Estimated Tax for 2011</Category>
        <Amount>5600</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>Foreign Tax Paid</Category>
        <Amount>1114</Amount>
        <NetInvestmentIncome>1114</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>