﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2010v3.4">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-03-15T09:45:42-05:00</Timestamp>
    <TaxPeriodEndDate>2011-10-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>GOODWIN PROCTER LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>EXCHANGE PLACE</AddressLine1>
        <City>BOSTON</City>
        <State>MA</State>
        <ZIPCode>021092881</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2010-11-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>222946282</EIN>
      <Name>
        <BusinessNameLine1>THE CROLL FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>CROL</NameControl>
      <Phone>6175701391</Phone>
      <USAddress>
        <AddressLine1>GOODWIN PROCTER LLP EXCHANGE PLACE</AddressLine1>
        <City>BOSTON</City>
        <State>MA</State>
        <ZIPCode>021092881</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>DAVID D CROLL</Name>
      <Title>TRUSTEE</Title>
      <Phone>6175701391</Phone>
      <DateSigned>2012-03-14</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>PETER G NEWHALL</Name>
      <Phone>6175701133</Phone>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="8">
    <IRS990PF documentId="RetDoc1235000001">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>18028024</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>5995734</ContriReceivedRevAndExpnss>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <DividendsRevAndExpnss>111678</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>111678</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>49864</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>16359523</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>256720</CapitalGainNetIncmNetInvstIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="RetDoc2001500001">108443</OtherIncomeRevAndExpnss>
        <OtherIncomeNetInvstIncm>108234</OtherIncomeNetInvstIncm>
        <TotalRevenueAndExpenses>6265719</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>476632</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>0</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>0</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>0</CompOfcrDirTrstDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="RetDoc2002300001">65487</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>65487</OtherProfFeesNetInvstIncm>
        <OtherProfFeesDsbrsChrtblPrps>0</OtherProfFeesDsbrsChrtblPrps>
        <InterestRevAndExpnss>15856</InterestRevAndExpnss>
        <InterestNetInvstIncm>15856</InterestNetInvstIncm>
        <InterestDsbrsChrtblPrps>0</InterestDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">2242</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>1602</TaxesNetInvstIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc2003200001">52745</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>52745</OtherExpensesNetInvstIncm>
        <OtherExpensesDsbrsChrtblPrps>0</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>136330</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>135690</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>1350231</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>1350231</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>1486561</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>135690</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>1350231</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>4779158</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>340942</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>978197</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>2116916</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>2116916</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>3682953</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc2018900001">6404086</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>3479019</InvestmentsCorpStockEOYFMV>
        <InvestmentsOtherBOY>10499788</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="RetDoc2018100001">11433104</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>12432089</InvestmentsOtherEOYFMV>
        <TotalAssetsBOY>15160938</TotalAssetsBOY>
        <TotalAssetsEOY>19954106</TotalAssetsEOY>
        <TotalAssetsEOYFMV>18028024</TotalAssetsEOYFMV>
        <TotalLiabilitiesBOY>0</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>15160938</CapitalStockBOY>
        <CapitalStockEOY>19954106</CapitalStockEOY>
        <PaidInOrCapitalSurplusBOY>0</PaidInOrCapitalSurplusBOY>
        <PaidInOrCapitalSurplusEOY>0</PaidInOrCapitalSurplusEOY>
        <RetainedEarningsBOY>0</RetainedEarningsBOY>
        <RetainedEarningsEOY>0</RetainedEarningsEOY>
        <TotalNetAssetsBOY>15160938</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>19954106</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>15160938</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>19954106</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>15160938</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>4779158</ExcessOfRevenueOverExpenses>
        <OtherIncreases referenceDocumentId="RetDoc2049700001">14010</OtherIncreases>
        <Subtotal>19954106</Subtotal>
        <OtherDecreases>0</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>19954106</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>17889.088 SHS DIREXION BULL 2X INVT</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-10-13</DateAcquired>
          <DateSold>2010-11-17</DateSold>
          <GrossSalesPrice>1014311</GrossSalesPrice>
          <CostOrOtherBasis>1000000</CostOrOtherBasis>
          <GainOrLoss>14311</GainOrLoss>
          <GainsMinusExcessOrLosses>14311</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>56053.812 SHS ULTRA EMERGING MRKTS PRO FD INVT</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-10-14</DateAcquired>
          <DateSold>2010-11-17</DateSold>
          <GrossSalesPrice>919843</GrossSalesPrice>
          <CostOrOtherBasis>1000000</CostOrOtherBasis>
          <GainOrLoss>-80157</GainOrLoss>
          <GainsMinusExcessOrLosses>-80157</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>7238.509 SHS RYDEX RUSSELL 2000</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-10-13</DateAcquired>
          <DateSold>2010-11-17</DateSold>
          <GrossSalesPrice>993196</GrossSalesPrice>
          <CostOrOtherBasis>1000000</CostOrOtherBasis>
          <GainOrLoss>-6804</GainOrLoss>
          <GainsMinusExcessOrLosses>-6804</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>6217.359 SHS RYDEX RUSSELL 2000</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-11-03</DateAcquired>
          <DateSold>2010-12-30</DateSold>
          <GrossSalesPrice>1068080</GrossSalesPrice>
          <CostOrOtherBasis>1005844</CostOrOtherBasis>
          <GainOrLoss>62236</GainOrLoss>
          <GainsMinusExcessOrLosses>62236</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>13708.019 SHS DIREXION BULL 2X INVT</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-12-07</DateAcquired>
          <DateSold>2010-12-27</DateSold>
          <GrossSalesPrice>996847</GrossSalesPrice>
          <CostOrOtherBasis>1000000</CostOrOtherBasis>
          <GainOrLoss>-3153</GainOrLoss>
          <GainsMinusExcessOrLosses>-3153</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>15078.408 SHS DIREXION BULL 2X INVT</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-12-07</DateAcquired>
          <DateSold>2010-12-30</DateSold>
          <GrossSalesPrice>1076448</GrossSalesPrice>
          <CostOrOtherBasis>1000000</CostOrOtherBasis>
          <GainOrLoss>76448</GainOrLoss>
          <GainsMinusExcessOrLosses>76448</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>9622.787 SHS DIREXION BULL 2X INVT</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateSold>2011-01-26</DateSold>
          <GrossSalesPrice>698133</GrossSalesPrice>
          <CostOrOtherBasis>752213</CostOrOtherBasis>
          <GainOrLoss>-54080</GainOrLoss>
          <GainsMinusExcessOrLosses>-54080</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>4245.443 SHS RYDEX RUSSELL 2000</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateSold>2011-01-26</DateSold>
          <GrossSalesPrice>709711</GrossSalesPrice>
          <CostOrOtherBasis>750000</CostOrOtherBasis>
          <GainOrLoss>-40289</GainOrLoss>
          <GainsMinusExcessOrLosses>-40289</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>44991.002 SHS SEMICONDUCTOR ULTRA SECTOR</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateSold>2011-02-24</DateSold>
          <GrossSalesPrice>727055</GrossSalesPrice>
          <CostOrOtherBasis>750000</CostOrOtherBasis>
          <GainOrLoss>-22945</GainOrLoss>
          <GainsMinusExcessOrLosses>-22945</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>4038.555 SHS RYDEX RUSSELL 2000</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateSold>2011-02-24</DateSold>
          <GrossSalesPrice>708120</GrossSalesPrice>
          <CostOrOtherBasis>788325</CostOrOtherBasis>
          <GainOrLoss>-80205</GainOrLoss>
          <GainsMinusExcessOrLosses>-80205</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>9900.99 SHS DIREXION BULL 2X INVT</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateSold>2011-02-25</DateSold>
          <GrossSalesPrice>800792</GrossSalesPrice>
          <CostOrOtherBasis>750000</CostOrOtherBasis>
          <GainOrLoss>50792</GainOrLoss>
          <GainsMinusExcessOrLosses>50792</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>18587.361 SHS OIL &amp; GAS ULTRA SEC</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateSold>2011-02-25</DateSold>
          <GrossSalesPrice>862082</GrossSalesPrice>
          <CostOrOtherBasis>750000</CostOrOtherBasis>
          <GainOrLoss>112082</GainOrLoss>
          <GainsMinusExcessOrLosses>112082</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>12158.055 SHS DIREXION BULL 2X INVT</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateSold>2011-05-05</DateSold>
          <GrossSalesPrice>922675</GrossSalesPrice>
          <CostOrOtherBasis>1000000</CostOrOtherBasis>
          <GainOrLoss>-77325</GainOrLoss>
          <GainsMinusExcessOrLosses>-77325</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>20259.319 SHS OIL &amp; GAS ULTRA SEC</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateSold>2011-05-06</DateSold>
          <GrossSalesPrice>889384</GrossSalesPrice>
          <CostOrOtherBasis>1000000</CostOrOtherBasis>
          <GainOrLoss>-110616</GainOrLoss>
          <GainsMinusExcessOrLosses>-110616</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>59101.655 SHS SEMICONDUCTOR ULTRA SECTOR</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateSold>2011-05-06</DateSold>
          <GrossSalesPrice>991726</GrossSalesPrice>
          <CostOrOtherBasis>1000000</CostOrOtherBasis>
          <GainOrLoss>-8274</GainOrLoss>
          <GainsMinusExcessOrLosses>-8274</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>17286.085 SHS BASIS MATERIAL ULTRA SEC</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateSold>2011-05-06</DateSold>
          <GrossSalesPrice>922213</GrossSalesPrice>
          <CostOrOtherBasis>1000000</CostOrOtherBasis>
          <GainOrLoss>-77787</GainOrLoss>
          <GainsMinusExcessOrLosses>-77787</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ABRAMS CAPITAL PARTNERS II LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>20712</GainOrLoss>
          <GainsMinusExcessOrLosses>20712</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ABRAMS CAPITAL PARTNERS II LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>90094</GainOrLoss>
          <GainsMinusExcessOrLosses>90094</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ABRAMS CAPITAL PARTNERS II LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>-10945</GainOrLoss>
          <GainsMinusExcessOrLosses>-10945</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>DAVIDSON KEMPNER INSTITUTIONAL</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>27555</GainOrLoss>
          <GainsMinusExcessOrLosses>27555</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>DAVIDSON KEMPNER INSTITUTIONAL</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>4202</GainOrLoss>
          <GainsMinusExcessOrLosses>4202</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>DAVIDSON KEMPNER INSTITUTIONAL</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>179</GainOrLoss>
          <GainsMinusExcessOrLosses>179</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>DAVIDSON KEMPNER INSTITUTIONAL</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>-259</GainOrLoss>
          <GainsMinusExcessOrLosses>-259</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>FIR TREE PARTNERS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>43589</GainOrLoss>
          <GainsMinusExcessOrLosses>43589</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>HIGHFIELDS CAPITAL IV LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>-25067</GainOrLoss>
          <GainsMinusExcessOrLosses>-25067</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>HIGHFIELDS CAPITAL IV LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>-16711</GainOrLoss>
          <GainsMinusExcessOrLosses>-16711</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>HIGHFIELDS CAPITAL IV LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>13174</GainOrLoss>
          <GainsMinusExcessOrLosses>13174</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>HIGHFIELDS CAPITAL IV LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>-3</GainOrLoss>
          <GainsMinusExcessOrLosses>-3</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>HIGHFIELDS CAPITAL IV LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>33987</GainOrLoss>
          <GainsMinusExcessOrLosses>33987</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>HIGHFIELDS CAPITAL IV LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>120525</GainOrLoss>
          <GainsMinusExcessOrLosses>120525</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ADAMAS OPPORTUNITIES LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>-15084</GainOrLoss>
          <GainsMinusExcessOrLosses>-15084</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ADAMAS OPPORTUNITIES LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>14370</GainOrLoss>
          <GainsMinusExcessOrLosses>14370</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ADAMAS OPPORTUNITIES LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>15</GainOrLoss>
          <GainsMinusExcessOrLosses>15</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ADAMAS OPPORTUNITIES LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>-3</GainOrLoss>
          <GainsMinusExcessOrLosses>-3</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ADAMAS OPPORTUNITIES LP</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>-1307</GainOrLoss>
          <GainsMinusExcessOrLosses>-1307</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>28M SHS METROPCS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateSold>2011-07-01</DateSold>
          <GrossSalesPrice>493620</GrossSalesPrice>
          <CostOrOtherBasis>68479</CostOrOtherBasis>
          <GainOrLoss>425141</GainOrLoss>
          <GainsMinusExcessOrLosses>425141</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>460.0791 SHS ATLANTIC FUND LTD</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2008-06-02</DateAcquired>
          <DateSold>2011-02-28</DateSold>
          <GrossSalesPrice>1011713</GrossSalesPrice>
          <CostOrOtherBasis>1000000</CostOrOtherBasis>
          <GainOrLoss>11713</GainOrLoss>
          <GainsMinusExcessOrLosses>11713</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>790.2361 SHS CERBERUS INTERNATIONAL SPV, LTD</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2009-10-01</DateAcquired>
          <DateSold>2011-04-05</DateSold>
          <GrossSalesPrice>553574</GrossSalesPrice>
          <CostOrOtherBasis>786965</CostOrOtherBasis>
          <GainOrLoss>-233391</GainOrLoss>
          <GainsMinusExcessOrLosses>-233391</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>256720</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>0</LiableFor4942Tax>
        <QualifyingDistributionsYear1>1222576</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>15385985</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.079460</DistributionRatioYear1>
        <QualifyingDistributionsYear2>970850</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>14712614</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.065988</DistributionRatioYear2>
        <QualifyingDistributionsYear3>1304493</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>19497035</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.066907</DistributionRatioYear3>
        <QualifyingDistributionsYear4>1202936</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>17605726</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.068326</DistributionRatioYear4>
        <QualifyingDistributionsYear5>1122453</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>16933403</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.066286</DistributionRatioYear5>
        <TotalDistributionRatio>0.346967</TotalDistributionRatio>
        <AverageDistributionRatio>0.069393</AverageDistributionRatio>
        <NetNoncharitableAssets>18042266</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>1252007</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>3409</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>1255416</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>1350231</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>3409</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>3409</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>3409</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>640</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>640</TotalCreditsAndPayments>
        <Form2220Attached referenceDocumentId="RetDoc1192000001">X</Form2220Attached>
        <TaxDue>2769</TaxDue>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>0</LegislativePoliticalActivities>
        <MoreThan100Spent>0</MoreThan100Spent>
        <Form1120POLFiled>0</Form1120POLFiled>
        <Sect4955TaxOnOrganization>0</Sect4955TaxOnOrganization>
        <Sect4955TaxOnManagers>0</Sect4955TaxOnManagers>
        <ReimbursementOfTax>0</ReimbursementOfTax>
        <ActivitiesNotPrevReported>0</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>0</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>0</UnrelatedBusIncomeOver1000>
        <TerminationEtc>0</TerminationEtc>
        <RequirementsOfSect508e>1</RequirementsOfSect508e>
        <AtLeast5000InAssets>1</AtLeast5000InAssets>
        <StatesFiledWith>MA</StatesFiledWith>
        <Form990PFFiledWithAG>1</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>0</PrivateOperatingFoundation>
        <NewSubstantialContributors>0</NewSubstantialContributors>
        <InterestInControlledEntity>0</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>MARY KATHLEEN O'CONNELL ESQ</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>6175701391</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>GOODWIN PROCTER LLP EXCHANGE PLACE</AddressLine1>
          <City>BOSTON</City>
          <State>MA</State>
          <ZIPCode>021092881</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>0</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>0</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>0</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>0</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>0</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>0</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>0</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>0</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>0</UndistributedIncomePriorYears>
        <BusinessHoldings>0</BusinessHoldings>
        <JeopardyInvestments>0</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>0</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>0</InfluenceLegislation>
        <InfluenceElection>0</InfluenceElection>
        <GrantsToIndividuals>0</GrantsToIndividuals>
        <GrantsToOrganizations>0</GrantsToOrganizations>
        <NoncharitablePurpose>0</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>0</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>0</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>0</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>DAVID D CROLL</PersonName>
          <USAddress>
            <AddressLine1>75 STATE STREET</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02109</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>2.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>VICTORIA B CROLL</PersonName>
          <USAddress>
            <AddressLine1>75 STATE STREET</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02109</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompensationOfHghstPaidCntrct>
          <BusinessName>
            <BusinessNameLine1>CAMBRIDGE ASSOCIATES LLC</BusinessNameLine1>
          </BusinessName>
          <USAddress>
            <AddressLine1>100 SUMMER STREET</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>021102104</ZIPCode>
          </USAddress>
          <TypeOfService>INVESTMENT ADVICE</TypeOfService>
          <Compensation>65487</Compensation>
        </CompensationOfHghstPaidCntrct>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>3070738</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>3345565</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>11900718</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>18317021</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>18317021</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>274755</CashDeemedCharitable>
        <NetNoncharitableAssets>18042266</NetNoncharitableAssets>
        <MinimumInvestmentReturn>902113</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>902113</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>3409</TaxBasedOnInvestmentIncome>
        <TotalTax>3409</TotalTax>
        <DistributableAmountBeforeAdj>898704</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>898704</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>898704</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>1350231</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>1350231</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>3409</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>1346822</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>898704</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <ExcessDistriCarryoverYear5>294881</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>348950</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>339075</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>235988</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>454525</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>1673419</TotalExcessDistriCarryover>
        <QualifyingDistributions>1350231</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>898704</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>451527</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>2124946</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>294881</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>1830065</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>348950</ExcessFromYear4>
        <ExcessFromYear3>339075</ExcessFromYear3>
        <ExcessFromYear2>235988</ExcessFromYear2>
        <ExcessFromYear1>454525</ExcessFromYear1>
        <ExcessFromCurrentYear>451527</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>DAVID D CROLL</ContributingManager>
        <ContributingManager>VICTORIA B CROLL</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN LIVER ASSOCIATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>39 BROADWAY SUITE 2700</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10006</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BANK OF AMERICA CHARITABLE FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>100 FEDERAL STREET</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02110</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>5600</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BOSTON MEDICAL CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1 BOSTON MEDICAL CENTER PLACE</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02118</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BOSTON NATURAL AREAS NETWORK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>62 SUMMER STREET</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02110</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>6000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BOYS AND GIRLS CLUB OF BOSTON</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>50 CONGRESS STREET SUITE 750</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02109</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BREAST CANCER RESEARCH FDN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2600 NETWORK BLVD</AddressLine1>
            <City>FRISCO</City>
            <State>TX</State>
            <ZIPCode>75034</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BRIGHAM &amp; WOMEN'S HOSPITAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>116 HUNTINGTON AVENUE</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02116</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BUZZARDS BAY MUSICFEST</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 576</AddressLine1>
            <City>MARION</City>
            <State>MA</State>
            <ZIPCode>02738</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BUZZARDS BAY COALITION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>114 FRONT STREET</AddressLine1>
            <City>NEW BEDFORD</City>
            <State>MA</State>
            <ZIPCode>02740</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>125000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHILDREN'S HOSPITAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1 AUTUMN STREET</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02215</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHILDREN'S MEDICAL CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>300 LONGWOOD AVE</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02115</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHURCH OF THE REDEEMER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>379 HAMMOND STREET</AddressLine1>
            <City>CHESTNUT HILL</City>
            <State>MA</State>
            <ZIPCode>02167</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CITY YEAR</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>287 COLUMBUS AVENUE</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02116</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CLOSE TO HOME</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>42 CHARLES ST SUITE A</AddressLine1>
            <City>DORCHESTER</City>
            <State>MA</State>
            <ZIPCode>02122</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COMMUNITY RESOURCES NETWORK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>213 N RACINE AVE SUITE 100</AddressLine1>
            <City>CHICAGO</City>
            <State>IL</State>
            <ZIPCode>60607</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CORNELL UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>130 EAST SENACA ST</AddressLine1>
            <City>ITHACA</City>
            <State>NY</State>
            <ZIPCode>14850</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>106600</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>EPIPHANY MIDDLE SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>154 CENTRE ST</AddressLine1>
            <City>DORCHESTER</City>
            <State>MA</State>
            <ZIPCode>02124</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FRIENDS OF SILVERSHELL BEACH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1 FRONT STREET</AddressLine1>
            <City>MARION</City>
            <State>MA</State>
            <ZIPCode>02738</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>101</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GENERATIONS INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>59 TEMPLE PLACE SUITE 200</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02111</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HARVARD BUSINESS SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>124 MOUNT AUBURN STREET</AddressLine1>
            <City>CAMBRIDGE</City>
            <State>MA</State>
            <ZIPCode>02138</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>INNER CITY SCHOLARSHIP FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>260 FRANKLIN STREET SUITE 630</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02110</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>12000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JUSTINE LOFF FUND FOR EMERALD NECKLACE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>891 CENTRE STREET</AddressLine1>
            <City>JAMAICA PLAIN</City>
            <State>MA</State>
            <ZIPCode>02130</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>11000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MARION ART CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 602</AddressLine1>
            <City>MARION</City>
            <State>MA</State>
            <ZIPCode>02738</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MASS LEAGUE OF ENVIRONMENTAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 103</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02133</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MASSACHUSETTS AUDUBON SOCIETY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>208 SOUTH GREAT RD</AddressLine1>
            <City>LINCOLN</City>
            <State>MA</State>
            <ZIPCode>01773</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MUSEUM OF FINE ARTS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>465 HUNTINGTON AVENUE</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02115</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>386000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NATIONAL OUTDOOR LEADERSHIP SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>284 LINCOLN STREET</AddressLine1>
            <City>LANDER</City>
            <State>WY</State>
            <ZIPCode>82520</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NETWORK FOR GOOD</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>7920 NORFOLK AVE</AddressLine1>
            <City>BETHESDA</City>
            <State>MD</State>
            <ZIPCode>20814</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>5010</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NEW BEDFORD ART MUSEUM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>608 PLEASANT STREET</AddressLine1>
            <City>NEW BEDFORD</City>
            <State>MA</State>
            <ZIPCode>02740</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>5420</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NEW BEDFORD WHALING MUSEUM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>18 JOHNNY CAKE HILL</AddressLine1>
            <City>NEW BEDFORD</City>
            <State>MA</State>
            <ZIPCode>02740</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>OHIO WESLEYAN UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>75 STATE STREET</AddressLine1>
            <City>DELAWARE</City>
            <State>OH</State>
            <ZIPCode>43015</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>OUR SISTER'S SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>POBOX 7269</AddressLine1>
            <City>NEW BEDFORD</City>
            <State>MA</State>
            <ZIPCode>02742</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>7500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PAN MA CHALLENGE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>77 4TH AVE</AddressLine1>
            <City>NEEDHAM</City>
            <State>MA</State>
            <ZIPCode>02494</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PANCREATIC CANCER FDN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1500 ROSECRANS AVE</AddressLine1>
            <City>MANHATTAN BEACH</City>
            <State>CA</State>
            <ZIPCode>90266</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PARK SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>171 GODDARD AVENUE</AddressLine1>
            <City>BROOKLINE</City>
            <State>MA</State>
            <ZIPCode>02445</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>35000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PLANNED PARENTHOOD LEAGUE OF MASSACHUSETTS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1055 COMMONWEALTH AVE</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02215</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PMC JIMMY FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>77 4TH AVE</AddressLine1>
            <City>NEEDHAM</City>
            <State>MA</State>
            <ZIPCode>02494</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PROJECT BREAD</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>145 BORDER STREET</AddressLine1>
            <City>E BOSTON</City>
            <State>MA</State>
            <ZIPCode>02128</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PROGRAM IN EDUCATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>260 FRANKLIN STREET SUITE 630</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02110</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>RALLY FOR A CURE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>27 DRYDOCK AVE</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02110</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SCHOOL OF THE MUSEUM OF FINE ARTS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>230 THE FENWAY</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02115</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SIPPICAN LANDS TRUST</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>589 MILL STREET</AddressLine1>
            <City>MARION</City>
            <State>MA</State>
            <ZIPCode>02738</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>26000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ST STEPHEN'S CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>419 SHAWMUT AVE</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02118</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>35000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>STEPPINGSTONE FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>155 FEDERAL STREET SUITE 800</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02110</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SUMMER SEARCH FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>409 COMMONWEALTH AVENUE</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02215</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE NATURE CONSERVANCY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>SUITE 100 4245 N FAIRFAX DR</AddressLine1>
            <City>ARLINGTON</City>
            <State>VA</State>
            <ZIPCode>222031606</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE TRUSTEES OF RESERVATIONS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>572 ESSEX ST</AddressLine1>
            <City>BEVERLY</City>
            <State>MA</State>
            <ZIPCode>01915</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>225000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THRESHOLDS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4101 N RAVENWOOD AVE</AddressLine1>
            <City>CHICAGO</City>
            <State>IL</State>
            <ZIPCode>60613</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TRUST FOR PUBLIC LANDS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>33 UNION STREET 4TH FLOOR</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02108</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WAREHAM YMCA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 466</AddressLine1>
            <City>WAREHAM</City>
            <State>MA</State>
            <ZIPCode>02571</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WINTERTHUR MUSEUM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>ROUTE 52</AddressLine1>
            <City>WINTERTHUR</City>
            <State>DE</State>
            <ZIPCode>19735</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT FOR CURRENT PROGRAMS</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>1350231</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>111678</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <OtherInvestmentIncomePartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>108234</ExclusionAmount>
        </OtherInvestmentIncomePartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>49864</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <OtherRevenueDescribed>
          <Description>IRS REFUND</Description>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>176</ExclusionAmount>
        </OtherRevenueDescribed>
        <OtherRevenueDescribed>
          <Description>ABRAMS CAPITAL PARTNERS</Description>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>31</ExclusionAmount>
        </OtherRevenueDescribed>
        <OtherRevenueDescribed>
          <Description>ADAMAS OPPORTUNITIES LP</Description>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>2</ExclusionAmount>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>0</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>269985</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>269985</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>0</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>0</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>0</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>0</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>0</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>0</ReimbursementArrangements>
        <LoansOrLoanGuarantees>0</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>0</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>0</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>0</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>432800 SHS METROPCS STOCK</NameOfStock>
        <EOYBookValue>6404086</EOYBookValue>
        <EOYFMV>3479019</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOther>
        <CategoryOrItem>HEDGE FUNDS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>11433104</BookValue>
        <EOYFMV>12432089</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>HIGHFIELDS CAPITAL IV LP</Description>
        <RevenueAndExpensesPerBooks>386</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>386</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>DAVIDSON KEMPNER INSTITUTIONAL PARTNERS LP</Description>
        <RevenueAndExpensesPerBooks>15863</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>15863</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>ABRAMS CAPITAL PARTNERS II LP</Description>
        <RevenueAndExpensesPerBooks>18153</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>18153</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>ADAMAS OPPORTUNITIES LP</Description>
        <RevenueAndExpensesPerBooks>18093</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>18093</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MA FORM PC FILING FEE</Description>
        <RevenueAndExpensesPerBooks>250</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>250</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncome>
        <Description>ABRAMS CAPITAL PARTNERS II LP</Description>
        <RevenueAndExpensesPerBooks>3765</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>3765</NetInvestmentIncome>
        <AdjustedNetIncome>3765</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>HIGHFIELDS CAPITAL IV LP</Description>
        <RevenueAndExpensesPerBooks>-4847</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>-4847</NetInvestmentIncome>
        <AdjustedNetIncome>-4847</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>DAVIDSON KEMPNER INSTUTIONAL PARTNERS LP</Description>
        <RevenueAndExpensesPerBooks>-1630</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>-1630</NetInvestmentIncome>
        <AdjustedNetIncome>-1630</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>FIR TREE PARTNERS</Description>
        <RevenueAndExpensesPerBooks>100885</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>100885</NetInvestmentIncome>
        <AdjustedNetIncome>100885</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>ADAMAS OPPORTUNITIES LP</Description>
        <RevenueAndExpensesPerBooks>-379</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>-379</NetInvestmentIncome>
        <AdjustedNetIncome>-379</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>ADAMAS OPPORTUNITIES LP</Description>
        <RevenueAndExpensesPerBooks>194</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>194</NetInvestmentIncome>
        <AdjustedNetIncome>194</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>ADAMAS OPPORTUNITIES LP</Description>
        <RevenueAndExpensesPerBooks>10246</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>10246</NetInvestmentIncome>
        <AdjustedNetIncome>10246</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>IRS REFUND</Description>
        <RevenueAndExpensesPerBooks>176</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>176</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>ABRAMS CAPITAL PARTNERS</Description>
        <RevenueAndExpensesPerBooks>31</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>31</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>ADAMAS OPPORTUNITIES LP</Description>
        <RevenueAndExpensesPerBooks>2</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>2</AdjustedNetIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="RetDoc2049700001">
      <OtherIncreases>
        <Description>INCOME AND DEDUCTIONS ON RETURN NOT ON BOOKS</Description>
        <Amount>14010</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFees>
        <Category>CAMBRIDGE ASSOCIATES</Category>
        <Amount>65487</Amount>
        <NetInvestmentIncome>65487</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>INTERNAL REVENUE SERVICE</Category>
        <Amount>640</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>FOREIGN TAXES WITHHELD</Category>
        <Amount>1602</Amount>
        <NetInvestmentIncome>1602</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>