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        <Desc>MSV K-1</Desc>
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      <FeesForServicesAccountingGrp>
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        <ManagementAndGeneralAmt>16724</ManagementAndGeneralAmt>
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      <FeesForSrvcInvstMgmntFeesGrp>
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        <ManagementAndGeneralAmt>12851</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>18368</ManagementAndGeneralAmt>
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        <TotalAmt>5536</TotalAmt>
        <ManagementAndGeneralAmt>5536</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>7579</ManagementAndGeneralAmt>
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      <DepreciationDepletionGrp>
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        <ManagementAndGeneralAmt>1105</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>5325</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>MAINTENANCE</Desc>
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        <ManagementAndGeneralAmt>435</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>FILING FEES</Desc>
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        <ManagementAndGeneralAmt>10</ManagementAndGeneralAmt>
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        <FundraisingAmt>0</FundraisingAmt>
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        <EOYAmt>9025</EOYAmt>
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        <EOYAmt>178087</EOYAmt>
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      <InvestmentsPubTradedSecGrp>
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      <InvestmentsProgramRelatedGrp>
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      <GrantsPayableGrp>
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        <EOYAmt>9502</EOYAmt>
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        <EOYAmt>43422</EOYAmt>
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      <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
      <CapStkTrPrinCurrentFundsGrp>
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        <EOYAmt>224099</EOYAmt>
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      <PdInCapSrplsLandBldgEqpFundGrp>
        <BOYAmt>14221</BOYAmt>
        <EOYAmt>14221</EOYAmt>
      </PdInCapSrplsLandBldgEqpFundGrp>
      <RtnEarnEndowmentIncmOthFndsGrp>
        <BOYAmt>15762874</BOYAmt>
        <EOYAmt>15915658</EOYAmt>
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      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>16001114</BOYAmt>
        <EOYAmt>16153978</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>16508136</BOYAmt>
        <EOYAmt>16197400</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>-494668</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>649374</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>-1842</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <ConsolidatedBasisFinclStmtInd>X</ConsolidatedBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
    </IRS990>
    <IRS990ScheduleD documentId="RetDoc3">
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        <OtherCostOrOtherBasisAmt>174450</OtherCostOrOtherBasisAmt>
        <BookValueAmt>174450</BookValueAmt>
      </LandGrp>
      <LeaseholdImprovementsGrp>
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        <DepreciationAmt>2263</DepreciationAmt>
        <BookValueAmt>3169</BookValueAmt>
      </LeaseholdImprovementsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>4155</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>3687</DepreciationAmt>
        <BookValueAmt>468</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>178087</TotalBookValueLandBuildingsAmt>
      <InvstProgramRelatedOrgGrp>
        <Desc>MERRIMACK STREET VENTURES LLC</Desc>
        <BookValueAmt>10055073</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>WOOLWORTH PARTNERS LLC</Desc>
        <BookValueAmt>1283400</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <TotalBookValueProgramRltdAmt>11338473</TotalBookValueProgramRltdAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>BANK OVERDRAFT</Desc>
        <Amt>9502</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>9502</TotalLiabilityAmt>
      <FootnoteTextInd>X</FootnoteTextInd>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 3, PART X</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE ORGANIZATION HAS IDENTIFIED ITS TAX STATUS AS A TAX- EXEMPT ENTITY AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE ORGANIZATION HAS DETERMINED THAT SUCH A TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE ORGANIZATION'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE RETURN IS FILED.</ExplanationTxt>
      </SupplementalInformationDetail>
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      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <BusinessName>
            <BusinessNameLine1Txt>BEATON MANAGEMENT</BusinessNameLine1Txt>
          </BusinessName>
        </NameOfInterested>
        <RelationshipDescriptionTxt>ASST TREASURER</RelationshipDescriptionTxt>
        <TransactionAmt>12620</TransactionAmt>
        <TransactionDesc>INVESTMENT MGMT</TransactionDesc>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <BusinessName>
            <BusinessNameLine1Txt>JAMES PAGE INSURANCE</BusinessNameLine1Txt>
          </BusinessName>
        </NameOfInterested>
        <RelationshipDescriptionTxt>DIRECTOR</RelationshipDescriptionTxt>
        <TransactionAmt>8136</TransactionAmt>
        <TransactionDesc>INSURANCE</TransactionDesc>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <BusinessName>
            <BusinessNameLine1Txt>NORTHEAST COMPUTER</BusinessNameLine1Txt>
          </BusinessName>
        </NameOfInterested>
        <RelationshipDescriptionTxt>DIRECTOR</RelationshipDescriptionTxt>
        <TransactionAmt>1711</TransactionAmt>
        <TransactionDesc>COMPUTER SERVICES</TransactionDesc>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <BusinessName>
            <BusinessNameLine1Txt>WOOLWORTH PARTNERS</BusinessNameLine1Txt>
          </BusinessName>
        </NameOfInterested>
        <RelationshipDescriptionTxt>DIRECTOR</RelationshipDescriptionTxt>
        <TransactionAmt>12445</TransactionAmt>
        <TransactionDesc>RENT</TransactionDesc>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="RetDoc5">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990</FormAndLineReferenceDesc>
        <ExplanationTxt>CONSOLIDATED FILING WITH GHF MERRIMACK STREET, LLC</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>STOCKHOLDERS</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FOUNDATION'S OFFICERS REVIEW &amp; APPROVE THE FORM 990 PRIOR TO FILING</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MANAGING DIRECTOR'S COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST OR CAN BE VIEWED ON THIRD - PARTY WEBSITES SUCH AS GUIDESTAR OR MASSACHUSETTS ATTORNEY GENERAL'S DIVISION OF PUBLIC CHARTIES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>SALE OF COMMON STOCK 80 BOOK/TAX DIFF FOR EQUITY REPORTING MSV LLC -1,922 TOTAL -1,842</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc6">
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        <DisregardedEntityName>
          <BusinessNameLine1Txt>GHF MERRIMACK ST LLC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>2 MERRIMACK STREET SUITE 505</AddressLine1Txt>
          <CityNm>HAVERHILL</CityNm>
          <StateAbbreviationCd>MA</StateAbbreviationCd>
          <ZIPCd>01831</ZIPCd>
        </USAddress>
        <EIN>460538938</EIN>
        <PrimaryActivitiesTxt>REAL ESTAT</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MA</LegalDomicileStateCd>
        <TotalIncomeAmt>-491830</TotalIncomeAmt>
        <EndOfYearAssetsAmt>12058169</EndOfYearAssetsAmt>
        <DirectControllingNACd>N/A</DirectControllingNACd>
      </IdDisregardedEntitiesGrp>
    </IRS990ScheduleR>
  </ReturnData>
</Return>