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      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>false</AuditCommittee>
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      <ExpensesNotRptdOnFinStmt>86451</ExpensesNotRptdOnFinStmt>
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        <PurposeOfGrant>TO FUND BENEFITS FOR A RELATED FUND</PurposeOfGrant>
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      <RecipientTable>
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          <City>New York</City>
          <State>NY</State>
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        </AddressUS>
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        <IRCSection>501(c) 3</IRCSection>
        <AmountOfCashGrant>484108</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <PurposeOfGrant>TO FUND BENEFITS FOR A RELATED FUND</PurposeOfGrant>
      </RecipientTable>
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      <TotalNbrOfOtherOrganizations>2</TotalNbrOfOtherOrganizations>
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      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <Form990ScheduleJPartII>
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        <CompBasedOnRelatedOrgs>128389</CompBasedOnRelatedOrgs>
        <DeferredCompRelatedOrgs>32619</DeferredCompRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>18510</NontaxableBenefitsRelatedOrgs>
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      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>Governing documents, policies and financial statements are not available to general public.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>On an annual basis at the executive board meeting, all Trustees and management employees of the fund make conflict of interest disclosures.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>Federal Form 990 is reviewed and approved by the Trustees.</Explanation>
      </GeneralExplanation>
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