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            <StateAbbreviationCd>NY</StateAbbreviationCd>
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            <CityNm>WESTPORT</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06881</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91316</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
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            <StateAbbreviationCd>NY</StateAbbreviationCd>
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            <StateAbbreviationCd>NY</StateAbbreviationCd>
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      <ElectionDesc>PURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)-3(D)(2), THE FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF CORPUS.</ElectionDesc>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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        <EOYFMVAmt>49590</EOYFMVAmt>
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        <StockNm>AVERY DENNISON CORPORATION (AVY)</StockNm>
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        <EOYFMVAmt>8998</EOYFMVAmt>
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        <EOYFMVAmt>9869</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
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      <InvestmentsCorporateStockGrp>
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        <EOYFMVAmt>9800</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
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        <EOYFMVAmt>12641</EOYFMVAmt>
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        <EOYFMVAmt>9591</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
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        <EOYFMVAmt>10564</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
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        <EOYFMVAmt>8294</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
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        <EOYFMVAmt>11260</EOYFMVAmt>
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        <EOYFMVAmt>10548</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>FABRINET (FN)</StockNm>
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        <EOYFMVAmt>7903</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>FACTSET RESEARCH SYSTEMS INC (FDS)</StockNm>
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        <EOYFMVAmt>10256</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>HOLOGIC INC (HOLX)</StockNm>
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      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KEYSIGHT TECHNOLOGIES INC (KEYS)</StockNm>
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      <InvestmentsCorporateStockGrp>
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      <InvestmentsCorporateStockGrp>
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      <InvestmentsCorporateStockGrp>
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      <InvestmentsCorporateStockGrp>
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        <EOYFMVAmt>15693</EOYFMVAmt>
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        <EOYFMVAmt>13636</EOYFMVAmt>
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        <EOYFMVAmt>3645</EOYFMVAmt>
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        <StockNm>LYONDELLBASELL NV CL-A (MDB)</StockNm>
        <EOYBookValueAmt>3518</EOYBookValueAmt>
        <EOYFMVAmt>3518</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>METLIFE INCORPORATED (MET)</StockNm>
        <EOYBookValueAmt>7208</EOYBookValueAmt>
        <EOYFMVAmt>7208</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP (MSFT)</StockNm>
        <EOYBookValueAmt>16170</EOYBookValueAmt>
        <EOYFMVAmt>16170</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MONGODDB INC CL A (MDB)</StockNm>
        <EOYBookValueAmt>3271</EOYBookValueAmt>
        <EOYFMVAmt>3271</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NVIDIA CORPORATION (NVDA)</StockNm>
        <EOYBookValueAmt>6933</EOYBookValueAmt>
        <EOYFMVAmt>6933</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ORACLE CORP (ORCL)</StockNm>
        <EOYBookValueAmt>5377</EOYBookValueAmt>
        <EOYFMVAmt>5377</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PALO ALTO NETWORKS INC (PANW)</StockNm>
        <EOYBookValueAmt>3244</EOYBookValueAmt>
        <EOYFMVAmt>3244</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PROCTER &amp; GAMBLE (PG)</StockNm>
        <EOYBookValueAmt>3517</EOYBookValueAmt>
        <EOYFMVAmt>3517</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>QUALCOMM INC (QCOM)</StockNm>
        <EOYBookValueAmt>7232</EOYBookValueAmt>
        <EOYFMVAmt>7232</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>REPLIGEN CP (RGEN)</StockNm>
        <EOYBookValueAmt>3596</EOYBookValueAmt>
        <EOYFMVAmt>3596</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>THERMO FISHER SCIENTIFIC (TMO)</StockNm>
        <EOYBookValueAmt>6900</EOYBookValueAmt>
        <EOYFMVAmt>6900</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UBER TECHNOLOGIES INC (UBER)</StockNm>
        <EOYBookValueAmt>3572</EOYBookValueAmt>
        <EOYFMVAmt>3572</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WALT DISNEY CO HLDG CO (DLS)</StockNm>
        <EOYBookValueAmt>6952</EOYBookValueAmt>
        <EOYFMVAmt>6952</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INVESCO BIOTECHNOLOGY &amp; GENO (PBE)</StockNm>
        <EOYBookValueAmt>7308</EOYBookValueAmt>
        <EOYFMVAmt>7308</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANECK BIOTECH ETF (BBH)</StockNm>
        <EOYBookValueAmt>7274</EOYBookValueAmt>
        <EOYFMVAmt>7274</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GS 10% CONTINGENT AUTOCALL LYB (SQEVQ)</StockNm>
        <EOYBookValueAmt>48990</EOYBookValueAmt>
        <EOYFMVAmt>48990</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GS 11.5% CONTINGENT AUTOCALL SNOW (SQGFT)</StockNm>
        <EOYBookValueAmt>44750</EOYBookValueAmt>
        <EOYFMVAmt>44750</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GS 8.75% CONTINGENT AUTOCALL C (SQEOI)</StockNm>
        <EOYBookValueAmt>40050</EOYBookValueAmt>
        <EOYFMVAmt>40050</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UBS 8% CONTINGENT AUTOCALL DIS (SQGAI)</StockNm>
        <EOYBookValueAmt>29900</EOYBookValueAmt>
        <EOYFMVAmt>29900</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreasesDetail>
        <Desc>UNREALIZED LOSS</Desc>
        <Amt>531850</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MGMT FEES</CategoryTxt>
        <Amt>8619</Amt>
        <NetInvestmentIncomeAmt>8619</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FILING FEES</CategoryTxt>
        <Amt>200</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>0</Amt>
        <NetInvestmentIncomeAmt>1121</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
