﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2011v1.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-09-06T16:09:52-05:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>HINDEN &amp; SIEVERS LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>350 5TH AVE STE 5614</AddressLine1>
        <City>NEW YORK</City>
        <State>NY</State>
        <ZIPCode>10118</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>137057096</EIN>
      <Name>
        <BusinessNameLine1>PAUL &amp; DAISY SOROS FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>PAUL</NameControl>
      <Phone>2123205515</Phone>
      <USAddress>
        <AddressLine1>1102 OENOKE RIDGE</AddressLine1>
        <City>NEW CANAAN</City>
        <State>CT</State>
        <ZIPCode>06840</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>DAISY SOROS</Name>
      <Title>TRUSTEE</Title>
      <Phone>2123205515</Phone>
      <DateSigned>2012-08-15</DateSigned>
    </Officer>
    <Preparer>
      <Name>PATRICK A WRENN</Name>
      <Phone>2129472095</Phone>
      <DatePrepared>2012-09-06</DatePrepared>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="8">
    <IRS990PF documentId="RetDoc2">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>48795430</FMVAssetsEOY>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>5339128</ContriReceivedRevAndExpnss>
        <InterestOnSavingsRevAndExpnss>918</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>918</InterestOnSavingsNetInvstIncm>
        <InterestOnSavingsAdjNetIncm>918</InterestOnSavingsAdjNetIncm>
        <DividendsRevAndExpnss>1223</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>1223</DividendsNetInvstIncm>
        <DividendsAdjNetIncm>1223</DividendsAdjNetIncm>
        <NetGainSaleAssetsRevAndExpnss>1656923</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>15123436</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>1656923</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>6998192</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>1659064</TotalNetInvestmentIncome>
        <TotalAdjustedNetIncome>2141</TotalAdjustedNetIncome>
        <OthEmplSlrsWgsRevAndExpnss>297469</OthEmplSlrsWgsRevAndExpnss>
        <OthEmplSlrsWgsNetInvstIncm>70521</OthEmplSlrsWgsNetInvstIncm>
        <OthEmplSlrsWgsAdjNetIncm>70521</OthEmplSlrsWgsAdjNetIncm>
        <OthEmplSlrsWgsDsbrsChrtblPrps>226948</OthEmplSlrsWgsDsbrsChrtblPrps>
        <PensionEmplBnftRevAndExpnss>34373</PensionEmplBnftRevAndExpnss>
        <PensionEmplBnftNetInvstIncm>8149</PensionEmplBnftNetInvstIncm>
        <PensionEmplBnftAdjNetIncm>8149</PensionEmplBnftAdjNetIncm>
        <PensionEmplBnftDsbrsChrtblPrps>26224</PensionEmplBnftDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc4">16142</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>3827</AccountingFeesNetInvstIncm>
        <AccountingFeesAdjNetIncm>3827</AccountingFeesAdjNetIncm>
        <AccountingFeesDsbrsChrtblPrps>12315</AccountingFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="RetDoc8">49755</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>11795</OtherProfFeesNetInvstIncm>
        <OtherProfFeesAdjNetIncm>11795</OtherProfFeesAdjNetIncm>
        <OtherProfFeesDsbrsChrtblPrps>37960</OtherProfFeesDsbrsChrtblPrps>
        <TravConfMeetingRevAndExpnss>199174</TravConfMeetingRevAndExpnss>
        <TravConfMeetingNetInvstIncm>47218</TravConfMeetingNetInvstIncm>
        <TravConfMeetingAdjNetIncm>47218</TravConfMeetingAdjNetIncm>
        <TravConfMeetingDsbrsChrtblPrps>151956</TravConfMeetingDsbrsChrtblPrps>
        <PrintingAndPubRevAndExpnss>116153</PrintingAndPubRevAndExpnss>
        <PrintingAndPubNetInvstIncm>27536</PrintingAndPubNetInvstIncm>
        <PrintingAndPubAdjNetIncm>27536</PrintingAndPubAdjNetIncm>
        <PrintingAndPubDsbrsChrtblPrps>88617</PrintingAndPubDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc7">435710</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>103294</OtherExpensesNetInvstIncm>
        <OtherExpensesAdjNetIncm>103294</OtherExpensesAdjNetIncm>
        <OtherExpensesDsbrsChrtblPrps>332416</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>1148776</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>272340</TotOprExpensesNetInvstIncm>
        <TotOprExpensesAdjNetIncm>272340</TotOprExpensesAdjNetIncm>
        <TotOprExpensesDsbrsChrtblPrps>876436</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>2432755</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>2432755</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>3581531</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>272340</TotalExpensesNetInvstIncm>
        <TotalExpensesAdjNetIncm>272340</TotalExpensesAdjNetIncm>
        <TotalExpensesDsbrsChrtblPrps>3309191</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>3416661</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>1386724</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>3630239</CashBOY>
        <CashEOY>17507285</CashEOY>
        <CashEOYFMV>17507285</CashEOYFMV>
        <InvestmentsOtherBOY>37574900</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="RetDoc6">27114515</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>31288145</InvestmentsOtherEOYFMV>
        <TotalAssetsBOY>41205139</TotalAssetsBOY>
        <TotalAssetsEOY>44621800</TotalAssetsEOY>
        <TotalAssetsEOYFMV>48795430</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>41205139</RetainedEarningsBOY>
        <RetainedEarningsEOY>44621800</RetainedEarningsEOY>
        <TotalNetAssetsBOY>41205139</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>44621800</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>41205139</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>44621800</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>41205139</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>3416661</ExcessOfRevenueOverExpenses>
        <Subtotal>44621800</Subtotal>
        <TotalNetAssetsFundBalancesEOY>44621800</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>232.59 QUANTUM ENDOWMENT FUND PLC</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2007-12-31</DateAcquired>
          <DateSold>2011-12-31</DateSold>
          <GrossSalesPrice>15000000</GrossSalesPrice>
          <CostOrOtherBasis>12714660</CostOrOtherBasis>
          <GainOrLoss>2285340</GainOrLoss>
          <GainsMinusExcessOrLosses>2285340</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>328.9207 CAMULOS PARTNERS OFFSHORE</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2007-01-01</DateAcquired>
          <DateSold>2011-02-24</DateSold>
          <GrossSalesPrice>75835</GrossSalesPrice>
          <CostOrOtherBasis>328920</CostOrOtherBasis>
          <GainOrLoss>-253085</GainOrLoss>
          <GainsMinusExcessOrLosses>-253085</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>275.3517 CAMULOS PARTNERS OFFSHORE</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2007-01-01</DateAcquired>
          <DateSold>2011-06-03</DateSold>
          <GrossSalesPrice>32837</GrossSalesPrice>
          <CostOrOtherBasis>275352</CostOrOtherBasis>
          <GainOrLoss>-242515</GainOrLoss>
          <GainsMinusExcessOrLosses>-242515</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>147.5807 CAMULOS PARTNERS OFFSHORE</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2007-01-01</DateAcquired>
          <DateSold>2011-11-04</DateSold>
          <GrossSalesPrice>14764</GrossSalesPrice>
          <CostOrOtherBasis>147581</CostOrOtherBasis>
          <GainOrLoss>-132817</GainOrLoss>
          <GainsMinusExcessOrLosses>-132817</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>1656923</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>3871023</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>54770517</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.070677</DistributionRatioYear1>
        <QualifyingDistributionsYear2>2801869</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>51146415</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.054781</DistributionRatioYear2>
        <QualifyingDistributionsYear3>3059834</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>32137956</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.095209</DistributionRatioYear3>
        <QualifyingDistributionsYear4>3045385</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>8887853</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.342646</DistributionRatioYear4>
        <QualifyingDistributionsYear5>2200540</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>2295894</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.958468</DistributionRatioYear5>
        <TotalDistributionRatio>1.521781</TotalDistributionRatio>
        <AverageDistributionRatio>0.304356</AverageDistributionRatio>
        <NetNoncharitableAssets>43560974</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>13258044</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>13867</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>13271911</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>3309191</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>27734</InvestmentIncomeExciseTax>
        <Subtotal>27734</Subtotal>
        <TaxBasedOnInvestmentIncome>27734</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>2000</EstTaxPaymentsAndOverpayment>
        <TaxPaidWithExtension>1000</TaxPaidWithExtension>
        <TotalCreditsAndPayments>3000</TotalCreditsAndPayments>
        <Form2220Attached referenceDocumentId="RetDoc3">X</Form2220Attached>
        <PenaltyForUnderpayment>606</PenaltyForUnderpayment>
        <TaxDue>25340</TaxDue>
        <AmountCreditedToNextYear>0</AmountCreditedToNextYear>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>NY</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>true</PrivateOperatingFoundation>
        <NewSubstantialContributors referenceDocumentId="RetDoc9">true</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>PDSOROS.ORG</WebsiteAddress>
        <BooksInCareOfPersonName>PAUL SOROS</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>2123205516</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>1102 OENOKE RIDGE</AddressLine1>
          <City>NEW CANAAN</City>
          <State>CT</State>
          <ZIPCode>06840</ZIPCode>
        </BooksInCareOfUSAddress>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>true</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <TrFailToQualifyAsExceptions>false</TrFailToQualifyAsExceptions>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc5">DAISY SOROS</PersonName>
          <USAddress>
            <AddressLine1>1102 OENOKE RIDGE</AddressLine1>
            <City>NEW CANAAN</City>
            <State>CT</State>
            <ZIPCode>06840</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>20.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy>
        <Description1>FELLOWSHIPS FOR NEW AMERICANS</Description1>
        <Expenses1>1148776</Expenses1>
      </SummaryOfDirectCharitableActy>
      <SumOfProgramRelatedInvestments>
        <Description1>N/A</Description1>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>41238579</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>2985760</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>44224339</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>44224339</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>663365</CashDeemedCharitable>
        <NetNoncharitableAssets>43560974</NetNoncharitableAssets>
        <MinimumInvestmentReturn>2178049</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <Sect4942j3j5FndtnAndFrgnOrg>X</Sect4942j3j5FndtnAndFrgnOrg>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>3309191</ExpensesAndContributions>
        <QualifyingDistributions>3309191</QualifyingDistributions>
        <AdjQualifyingDistributions>3309191</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <QualifyingDistributions>3309191</QualifyingDistributions>
        <RemainingDistriFromCorpus>3309191</RemainingDistriFromCorpus>
        <TotalCorpus>3309191</TotalCorpus>
      </UndistributedIncome>
      <PrivateOperatingFoundations>
        <Section4942j3>X</Section4942j3>
        <LessorAdjNetIncmMinInvstReturn>
          <CurrentYear>0</CurrentYear>
          <Year3>102926</Year3>
          <Total>102926</Total>
        </LessorAdjNetIncmMinInvstReturn>
        <Percent85OfLessor>
          <Year3>87487</Year3>
          <Total>87487</Total>
        </Percent85OfLessor>
        <QualifyingDistributions>
          <CurrentYear>3309191</CurrentYear>
          <Year1>3871023</Year1>
          <Year2>2801869</Year2>
          <Year3>3059834</Year3>
          <Total>13041917</Total>
        </QualifyingDistributions>
        <QlfyDistriMadeDirectly>
          <CurrentYear>3309191</CurrentYear>
          <Year1>3871023</Year1>
          <Year2>2801869</Year2>
          <Year3>3059834</Year3>
          <Total>13041917</Total>
        </QlfyDistriMadeDirectly>
        <TotalAssets>
          <CurrentYear>48795430</CurrentYear>
          <Year1>54820251</Year1>
          <Year2>57179711</Year2>
          <Year3>47400363</Year3>
          <Total>208195755</Total>
        </TotalAssets>
        <TotalAssetsSect4942j3Bi>
          <CurrentYear>48795430</CurrentYear>
          <Year1>54820251</Year1>
          <Year2>57179711</Year2>
          <Year3>47400363</Year3>
          <Total>208195755</Total>
        </TotalAssetsSect4942j3Bi>
      </PrivateOperatingFoundations>
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <AppicationSubmissionInfo>
          <FormAndInfoAndMaterials>1)APPLICATION FORM 2)TWO ESSAYS ON SPECIFIED TOPICS 3)THREE REFERENCE LETTERS 4)TRANSCRIPTS FROM ALL COLLEGE AND UNIVERSITIES ATTENDED 5)EVIDENCE THAT APPLICANT MEETS PROGRAM DEFINITION OF "NEW AMERICAN" AND FALLS WITHIN OUR AGE LIMITATIONS.</FormAndInfoAndMaterials>
          <SubmissionDeadlines>EARLY NOVEMBER</SubmissionDeadlines>
          <RestrictionsOnAwards>NOT APPLICABLE</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>MISCELLANEOUS CHARITIES</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL</PurposeOfGrantOrContribution>
          <Amount>18750</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>AADEL CHAUDHURI</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>24167</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>AARTI SHAHANI</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>12500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ABDULRASHEED ALABI</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>37411</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ALEXANDER BERMAN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ALEXANDER IFTIMIE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>12500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ALICE YANG</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>12500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>AMIT JAIN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>45000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ANDY CHEN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>44371</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ASHISH AGARAWAL</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>19167</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>AYIRINI FONESCA-SABUNE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>BOWEN JIANG</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>17500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>BRIAN GOH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>35000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>CAMILO ROMERO</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>45000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>CAREL ALE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>12500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>CARLOS TORRES</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>14345</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>CHIARA GALIMBERTI</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>42306</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>CESAR FRANCIA</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>CHITRA AKILESWARAN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>20500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>DANIEL SOLIS</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>45001</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>DAVID MOU</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>20033</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>DAVID RESHEF</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>DEEP SHAH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>45000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>DEEPA GALAIYA</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>43334</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>DEISY DEL REAL</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>7000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>DEENA SIMMONS</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>35000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>DIANA RASHID</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>EDWARD PHAM</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>26500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ELINA SARKISOVA</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>52660</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>EMILY MARTIN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>EMILY FERGUSON</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>41816</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>FRANKIE GUZMAN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>45000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>HANA LEE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>28203</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>HARI PRABHAKAR</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>55000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>HATTIE CHUNG</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>21576</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>HELEN O'REILLY</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>12500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>HOMAIRA HOSSEINI</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ISRA BHATTY</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>45000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>JANE VAYNMAN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>16251</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>JANINE JOSEPH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>15456</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>JASON KIM</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>JONAH LALAS</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>45000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>JUAN JOFRE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>45000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>KATARINA RUSCIC</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>37338</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>LAN LI</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>4887</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>LAUREL LEE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>45000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>LILLA HEINRICH SZASZ</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>29316</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>MARGARET LEE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>35008</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>MARIANNA OFOSU</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>12500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>MELIS ANAHTAR</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>30652</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>NAMAN SHAH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>28704</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>OSCAR BAEZ</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>19229</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>PAUL NUYUJUKIAN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>PAUL LINDEN-RETEK</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>54175</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>PHILIP BULTERYS</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>42194</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>PHILIP TANEDO</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>24834</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>PREVIN WARREN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>QUANG TRAN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>38334</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>RESHMAAN HUSSAM</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>45000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>RISHENG XU</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>32500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ROBERTO VALLADARES</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>RONALD WAKIM ALFA</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>27500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SA'ED ATSHAN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>12500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SAMIR MAYEKAR</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>25834</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SEAN CHEN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>43408</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SHAH RUKH ALI</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>30002</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SHANTANU GAUR</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SHARMEEN PREMJEE</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>20500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SHAYAK SARKAR</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>54800</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SHIRAG SHEMMASSIAN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>15634</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SINA KEVIN NAZEMI</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SOCHEATA POEUV</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>45000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>STEVE XU</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SUSHMA SHETH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>37827</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>TAREK GHANI</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>17902</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>TARUN CHHABRA</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>TOMASZ STRYJEWSKI</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>VANARA TAING</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>35000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>VIVEK RAMASWAMY</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>55000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>XIAO PENG</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>YOONHEE HA</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>22500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>YIFAN XU</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>55000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>YIN LI</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>888 SEVENTH AVE 32ND FL</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>101060001</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>FELLOWSHIP</PurposeOfGrantOrContribution>
          <Amount>25830</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>2432755</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <RelatedOrExemptFunctionIncome>918</RelatedOrExemptFunctionIncome>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <RelatedOrExemptFunctionIncome>1223</RelatedOrExemptFunctionIncome>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <RelatedOrExemptFunctionIncome>1656923</RelatedOrExemptFunctionIncome>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <RelatedOrExemptFunctionIncome>1659064</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>1659064</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>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>PAUL SOROS 1998 CLT</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>1102 OENOKE RIDGE</AddressLine1>
          <City>NEW CANAAN</City>
          <State>CT</State>
          <ZIPCode>06840</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>333000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>2</ContributorNumber>
        <ContributorNameIndividual>PAUL SOROS FAMILY TRUST DTD 10110</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>1102 OENOKE RIDGE</AddressLine1>
          <City>NEW CANAAN</City>
          <State>CT</State>
          <ZIPCode>06840</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>2000000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>3</ContributorNumber>
        <ContributorNameIndividual>DAISY SOROS FAMILY TRUST DTD 10110</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>1102 OENOKE RIDGE</AddressLine1>
          <City>NEW CANAAN</City>
          <State>CT</State>
          <ZIPCode>06840</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>3006128</AggregateContributions>
        <NoncashContributionType>X</NoncashContributionType>
      </ContributorInfo>
      <NoncashProperty>
        <ContributorNumberFromPartI>3</ContributorNumberFromPartI>
        <NoncashPropertyDescription>1,963.506 OZ GOLD</NoncashPropertyDescription>
        <FairMarketValue>3006128</FairMarketValue>
        <DateReceived>2011-12-29</DateReceived>
      </NoncashProperty>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc4">
      <AccountingFees>
        <Category>INDIRECT ACCOUNTING FEES</Category>
        <Amount>16142</Amount>
        <NetInvestmentIncome>3827</NetInvestmentIncome>
        <AdjustedNetIncome>3827</AdjustedNetIncome>
        <DisbursementsCharitablePrps>12315</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <CompensationExplanation documentId="RetDoc5">
      <Compensation>
        <PersonName>DAISY SOROS</PersonName>
      </Compensation>
    </CompensationExplanation>
    <InvestmentsOtherSchedule2 documentId="RetDoc6">
      <InvestmentsOther>
        <CategoryOrItem>QUANTUM ENDOWMENT FUND</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>23960810</BookValue>
        <EOYFMV>28268515</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>CAMULOS PARTNERS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>147577</BookValue>
        <EOYFMV>13502</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>GOLD</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>3006128</BookValue>
        <EOYFMV>3006128</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc7">
      <OtherExpenses>
        <Description>EXPENSES</Description>
      </OtherExpenses>
      <OtherExpenses>
        <Description>CONFERENCE EXPENSES</Description>
        <RevenueAndExpensesPerBooks>294987</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>69933</NetInvestmentIncome>
        <AdjustedNetIncome>69933</AdjustedNetIncome>
        <DisbursementsCharitablePrps>225054</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>OFFICE EXPENSES</Description>
        <RevenueAndExpensesPerBooks>139376</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>33042</NetInvestmentIncome>
        <AdjustedNetIncome>33042</AdjustedNetIncome>
        <DisbursementsCharitablePrps>106334</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MISCELLANEOUS</Description>
        <RevenueAndExpensesPerBooks>1347</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>319</NetInvestmentIncome>
        <AdjustedNetIncome>319</AdjustedNetIncome>
        <DisbursementsCharitablePrps>1028</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc8">
      <OtherProfessionalFees>
        <Category>INDIRECT OTHER PROFESSIONAL FEES</Category>
        <Amount>49755</Amount>
        <NetInvestmentIncome>11795</NetInvestmentIncome>
        <AdjustedNetIncome>11795</AdjustedNetIncome>
        <DisbursementsCharitablePrps>37960</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <SubstantialContributorsSch documentId="RetDoc9">
      <SubstantialContributor>
        <PersonName>PAUL SOROS 1998 CLT</PersonName>
        <USAddress>
          <AddressLine1>1102 OENOKE RIDGE</AddressLine1>
          <City>NEW CANAAN</City>
          <State>CT</State>
          <ZIPCode>06840</ZIPCode>
        </USAddress>
      </SubstantialContributor>
      <SubstantialContributor>
        <PersonName>PAUL SOROS FAMILY TRUST</PersonName>
        <USAddress>
          <AddressLine1>1102 OENOKE RIDGE</AddressLine1>
          <City>NEW CANAAN</City>
          <State>CT</State>
          <ZIPCode>06840</ZIPCode>
        </USAddress>
      </SubstantialContributor>
      <SubstantialContributor>
        <PersonName>DAISY SOROS FAMILY TRUST</PersonName>
        <USAddress>
          <AddressLine1>1102 OENOKE RIDGE</AddressLine1>
          <City>NEW CANAAN</City>
          <State>CT</State>
          <ZIPCode>06840</ZIPCode>
        </USAddress>
      </SubstantialContributor>
    </SubstantialContributorsSch>
  </ReturnData>
</Return>