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          <BusinessName>
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          <USAddress>
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            <State>MA</State>
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        <QualifyingDistributions>361400</QualifyingDistributions>
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            <State>MA</State>
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        <GrantOrContriPaidDuringYear>
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            <State>CO</State>
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        <GrantOrContriPaidDuringYear>
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        <GrantOrContriPaidDuringYear>
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            <BusinessNameLine1>MARJOT FOUNDATION</BusinessNameLine1>
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          <RecipientUSAddress>
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            <City>FALMOUTH</City>
            <State>MA</State>
            <ZIPCode>02540</ZIPCode>
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          <PurposeOfGrantOrContribution>PURPOSESGENERAL</PurposeOfGrantOrContribution>
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        <GrantOrContriPaidDuringYear>
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            <State>MA</State>
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          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
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        <GrantOrContriPaidDuringYear>
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          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PURPOSESGENERAL</PurposeOfGrantOrContribution>
          <Amount>19000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MISSION E4</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>20 HAVANA ROAD</AddressLine1>
            <City>WORCESTER</City>
            <State>MA</State>
            <ZIPCode>01603</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PURPOSESGENERAL</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>361400</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>207577</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <SubtotalsPartXVIA>
          <ExclusionAmount>207577</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>207577</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <InvestmentsCorpBondsSchedule documentId="00000002">
      <InvestmentsCorpBonds>
        <NameOfBond>Berkshire Hathaway</NameOfBond>
        <EOYBookValue>99559</EOYBookValue>
        <EOYFMV>103675</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Mixrosoft Corp Fixed Rt Nt</NameOfBond>
        <EOYBookValue>198935</EOYBookValue>
        <EOYFMV>212352</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="00000003">
      <InvestmentsCorpStock>
        <NameOfStock>Publicly Traded Securities - details available on request</NameOfStock>
        <EOYBookValue>3622672</EOYBookValue>
        <EOYFMV>5318388</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="00000004">
      <InvestmentsOther>
        <CategoryOrItem>Eagle Rental</CategoryOrItem>
        <BookValue>50000</BookValue>
        <EOYFMV>50000</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="00000005">
      <OtherAssets>
        <Description>FEDERAL EXCISE TAX RECEIVABLE</Description>
        <BOYBookValue>6034</BOYBookValue>
        <EOYBookValue>3828</EOYBookValue>
        <EOYFMV>3828</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherAssetsSchedule documentId="00000006">
      <OtherAssets>
        <Description>FEDERAL EXCISE TAX RECEIVABLE</Description>
        <BOYBookValue>6034</BOYBookValue>
        <EOYBookValue>3828</EOYBookValue>
        <EOYFMV>3828</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherAssetsSchedule documentId="00000007">
      <OtherAssets>
        <Description>FEDERAL EXCISE TAX RECEIVABLE</Description>
        <BOYBookValue>6034</BOYBookValue>
        <EOYBookValue>3828</EOYBookValue>
        <EOYFMV>3828</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="00000008">
      <OtherDecreases>
        <Description>Losses on Securities</Description>
        <Amount>73881</Amount>
      </OtherDecreases>
      <OtherDecreases>
        <Description>Other Losses</Description>
        <Amount>1860</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="00000009">
      <OtherExpenses>
        <Description>DUES &amp; SUBSCRIPTIONS</Description>
        <RevenueAndExpensesPerBooks>695</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>695</AdjustedNetIncome>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="00000010">
      <OtherIncome>
        <Description>Capital Gains Dividends</Description>
        <RevenueAndExpensesPerBooks>240</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>240</NetInvestmentIncome>
        <AdjustedNetIncome>240</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>Miscellaneous</Description>
        <RevenueAndExpensesPerBooks>61</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>61</AdjustedNetIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="00000011">
      <OtherLiabilities>
        <Description>FEDERAL EXCISE TAX PAYABLE</Description>
      </OtherLiabilities>
    </OtherLiabilitiesSchedule>
    <OtherLiabilitiesSchedule documentId="00000012">
      <OtherLiabilities>
        <Description>FEDERAL EXCISE TAX PAYABLE</Description>
      </OtherLiabilities>
    </OtherLiabilitiesSchedule>
    <OtherNotesLoansRcvblLongSch documentId="00000013">
      <OtherNotesLoansRcvblLong>
        <BorrowersName>
          <Business>
            <BusinessNameLine1>FAITH HOUSE</BusinessNameLine1>
          </Business>
        </BorrowersName>
        <RelationshipToInsider>none</RelationshipToInsider>
        <OriginalAmountOfLoan>260000</OriginalAmountOfLoan>
        <BalanceDue>260000</BalanceDue>
        <DateOfNote>2011-12</DateOfNote>
        <MaturityDate>1922-01</MaturityDate>
        <RepaymentTerms>Quarterly</RepaymentTerms>
        <InterestRate>0.05000000</InterestRate>
        <SecurityProvidedByBorrower>1st Mortgage Shrewsbury, MA</SecurityProvidedByBorrower>
        <PurposeOfLoan>Purchase of Building</PurposeOfLoan>
        <DescOfLenderConsideration>n/a</DescOfLenderConsideration>
        <ConsiderationFmv>260000</ConsiderationFmv>
      </OtherNotesLoansRcvblLong>
      <OtherNotesLoansRcvblLong>
        <BorrowersName>
          <Business>
            <BusinessNameLine1>21 INTERNATIONAL</BusinessNameLine1>
          </Business>
        </BorrowersName>
        <RelationshipToInsider>None</RelationshipToInsider>
        <OriginalAmountOfLoan>852553</OriginalAmountOfLoan>
        <BalanceDue>852553</BalanceDue>
        <DateOfNote>2010-08</DateOfNote>
        <MaturityDate>2011-08</MaturityDate>
        <RepaymentTerms>Monthly</RepaymentTerms>
        <InterestRate>0.05000000</InterestRate>
        <SecurityProvidedByBorrower>1st Mortgage Golden, CO</SecurityProvidedByBorrower>
        <PurposeOfLoan>Purchase</PurposeOfLoan>
        <DescOfLenderConsideration>n/a</DescOfLenderConsideration>
        <ConsiderationFmv>852553</ConsiderationFmv>
      </OtherNotesLoansRcvblLong>
      <OtherNotesLoansRcvblLong>
        <BorrowersName>
          <Business>
            <BusinessNameLine1>DUNIMIS</BusinessNameLine1>
          </Business>
        </BorrowersName>
        <RelationshipToInsider>None</RelationshipToInsider>
        <OriginalAmountOfLoan>1025276</OriginalAmountOfLoan>
        <BalanceDue>1025276</BalanceDue>
        <DateOfNote>2008-09</DateOfNote>
        <MaturityDate>2011-09</MaturityDate>
        <RepaymentTerms>None</RepaymentTerms>
        <InterestRate>0.05000000</InterestRate>
        <SecurityProvidedByBorrower>1st Mortgage Lakewood, CO</SecurityProvidedByBorrower>
        <PurposeOfLoan>Purchase of building</PurposeOfLoan>
        <DescOfLenderConsideration>n/a</DescOfLenderConsideration>
        <ConsiderationFmv>1025276</ConsiderationFmv>
      </OtherNotesLoansRcvblLong>
    </OtherNotesLoansRcvblLongSch>
    <OtherNotesLoansRcvblShortSch2 documentId="00000014">
      <OtherNotesLoansRcvblShort>
        <NameOf501c3Organization>
          <BusinessNameLine1>SUN PLAZA</BusinessNameLine1>
        </NameOf501c3Organization>
        <BalanceDue>122800</BalanceDue>
      </OtherNotesLoansRcvblShort>
    </OtherNotesLoansRcvblShortSch2>
    <TaxesSchedule documentId="00000015">
      <Taxes>
        <Category>State Filing Fees</Category>
        <Amount>70</Amount>
        <AdjustedNetIncome>70</AdjustedNetIncome>
      </Taxes>
      <Taxes>
        <Category>Federal Excise Tax</Category>
        <Amount>2206</Amount>
        <NetInvestmentIncome>2206</NetInvestmentIncome>
      </Taxes>
      <Taxes>
        <Category>Foreign Taxes</Category>
        <Amount>345</Amount>
        <NetInvestmentIncome>345</NetInvestmentIncome>
        <AdjustedNetIncome>345</AdjustedNetIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>