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        <TotalExcessDistributionCyovAmt>1314148</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>3180114</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>3180114</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>234442</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>234442</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>1079706</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>1079706</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear2Amt>728386</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>351320</ExcessFromYear1Amt>
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        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
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          <RecipientBusinessName>
            <BusinessNameLine1Txt>YMCA OF MEMPHIS &amp; THE MID-SOUTH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8555 GOODMAN ROAD</AddressLine1Txt>
            <CityNm>OLIVE BRANCH</CityNm>
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          </RecipientUSAddress>
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          <GrantOrContributionPurposeTxt>DEVELOPMENT OF NEW YMCA IN HERNANDO</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CITY OF HERNANDO</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>475 WEST COMMERCE STREET</AddressLine1Txt>
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            <StateAbbreviationCd>MS</StateAbbreviationCd>
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          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>GOV</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EMMETT TILL INTERPRETIVE CENTER</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 215</AddressLine1Txt>
            <CityNm>SUMNER</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38957</ZIPCd>
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          <RecipientFoundationStatusTxt>PC:501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PRESERVE MEMORY OF EMMETT TILL</GrantOrContributionPurposeTxt>
          <Amt>75000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>YMCA FOUNDATION OF MIDDLE TN</BusinessNameLine1Txt>
            <BusinessNameLine2Txt>MARGARET MADDOX YMCA</BusinessNameLine2Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1000 CHURCH ST</AddressLine1Txt>
            <CityNm>NASHVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37203</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC:501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>LONG-TERM SUSTAINABILITY &amp; VIABILITY</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MISSISSIPPI NEWS CORPORATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>750 WOODLANDS PKWY</AddressLine1Txt>
            <AddressLine2Txt>SUITE 100</AddressLine2Txt>
            <CityNm>RIDGELAND</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>39157</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC:501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CIVIC ENGAGEMENT &amp; PUBLIC DIALOGUE</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAVE THE MUSIC FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 2096</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10108</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC:501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT AT-RISK YOUTH THROUGH MUSIC</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PHILANTHROPY SOUTHEAST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>100 PEACHTREE ST NW</AddressLine1Txt>
            <AddressLine2Txt>SUITE 2080</AddressLine2Txt>
            <CityNm>ATLANTA</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30303</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC:501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>13180</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GRAMMY MUSEUM MISSISSIPPI</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>800 WEST SUNFLOWER ROAD</AddressLine1Txt>
            <CityNm>CLEVELAND</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38732</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC:501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>TEACH &amp; INSPIRE FUTURE GENERATIONS</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NASHVILLE SCHOOL OF LAW</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4013 ARMORY OAKS DRIVE</AddressLine1Txt>
            <CityNm>NASHVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37204</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC:501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT FOR QUALITY LEGAL EDUCATION</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CANDIDGUIDESTAR</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4801 COURTHOUSE ST</AddressLine1Txt>
            <AddressLine2Txt>SUITE 220</AddressLine2Txt>
            <CityNm>WILLIAMSBURG</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>23188</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC:501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>3801</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CITY OF HERNANDO</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>475 WEST COMMERCE STREET</AddressLine1Txt>
            <CityNm>HERNANDO</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38632</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>GOV</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>UPGRADE SAFETY FEATURES AT CONGER</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MB SWAYZE EDUCATIONAL FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 23276</AddressLine1Txt>
            <CityNm>JACKSON</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>39225</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC:501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EMPHASIZE SCHOLASTIC EXCELLENCE</GrantOrContributionPurposeTxt>
          <Amt>2400</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>2433092</TotalGrantOrContriPdDurYrAmt>
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      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <BusinessCd>531110</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>1</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>14</ExclusionCd>
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        <DividendsAndInterestFromSecDtl>
          <BusinessCd>523000</BusinessCd>
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          <ExclusionCd>14</ExclusionCd>
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          <BusinessCd>531110</BusinessCd>
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          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>297914</ExclusionAmt>
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        <OtherInvestmentIncomeGrp>
          <BusinessCd>531110</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>712880</UnrelatedBusinessTaxblIncmAmt>
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        <GainSalesAstOthThanInvntryGrp>
          <BusinessCd>523000</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>429851</UnrelatedBusinessTaxblIncmAmt>
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        <OtherRevenueDescribedGrp>
          <Desc>BAIN CAPITAL</Desc>
          <ExclusionCd>18</ExclusionCd>
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          <UnrelatedBusinessTaxblIncmAmt>4060844</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>3171268</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>7232112</TotalIncomeProducingActyAmt>
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      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
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        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
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        <AmortizedExpensesDesc>SOFTWARE</AmortizedExpensesDesc>
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        <DeductionForPriorYearsAmt>1875</DeductionForPriorYearsAmt>
        <AmortizationPeriodRt>36.0000</AmortizationPeriodRt>
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        <PersonNm>CAROL AYERS</PersonNm>
        <ShortExplanationTxt>IN ADDITION TO AMOUNTS AND TIME SET FORTH ON THE TAX RETURN, DIRECTOR CAROL AYERS DEDICATED AN ADDITIONAL 300 OF OFF-DUTY HOURS ON WEEKENDS AND EVENINGS DURING 2020 TOWARD FOUNDATION AND/OR DIRECT CHARITABLE ACTIVITIES.</ShortExplanationTxt>
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        <PropertyDesc>OFFICE BLDG &amp; IMPROVEMENTS</PropertyDesc>
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        <PriorYearDepreciationAmt>102114</PriorYearDepreciationAmt>
        <ComputationMethodTxt>STRAIGHT LINE</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>FURNITURE &amp; EQUIPMENT</PropertyDesc>
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        <ComputationMethodTxt>STRAIGHT LINE</ComputationMethodTxt>
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        <StockNm>FIRST COMMERCIAL BANK STOCK</StockNm>
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        <EOYFMVAmt>279251</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MARGARET ENERGY INC</StockNm>
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        <CategoryOrItemTxt>OFFICE &amp; FURNISHINGS, HERNANDO, MS</CategoryOrItemTxt>
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        <BookValueAmt>436216</BookValueAmt>
        <EOYFMVAmt>1500000</EOYFMVAmt>
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        <CategoryTxt>GENERAL LEGAL SERVICES</CategoryTxt>
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        <NetInvestmentIncomeAmt>36189</NetInvestmentIncomeAmt>
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        <BOYBookValueAmt>2625</BOYBookValueAmt>
        <EOYBookValueAmt>2625</EOYBookValueAmt>
        <EOYFMVAmt>2625</EOYFMVAmt>
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        <Amt>10</Amt>
      </OtherDecreasesDetail>
      <OtherDecreasesDetail>
        <Desc>BOOK/TAX DIFFERENCES - DMAR</Desc>
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        <Amt>52</Amt>
      </OtherDecreasesDetail>
      <OtherDecreasesDetail>
        <Desc>BOOK/TAX DIFFERENCES - BAIN</Desc>
        <Amt>52399</Amt>
      </OtherDecreasesDetail>
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        <Desc>LAKESHORE CROSSING, LP</Desc>
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        <Desc>K-1 NET RENTAL RE LOSS</Desc>
        <RevenueAndExpensesPerBooksAmt>36180</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>36180</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>WYNCREST ST. LOUIS, LP</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>LOSS ON LIQUIDATION</Desc>
        <RevenueAndExpensesPerBooksAmt>33751</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>33751</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>SOUTH HARPETH FARMS</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>K-1 NET RENTAL RE LOSS</Desc>
        <RevenueAndExpensesPerBooksAmt>38180</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>38180</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
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      <OtherExpensesScheduleGrp>
        <Desc>GENERAL OFFICE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>46435</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4643</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>41791</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>LESS EXP REIMB FROM AFFILIATE</Desc>
        <RevenueAndExpensesPerBooksAmt>-205000</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-205000</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>SOUTH HARPETH FARMS LLC K-1 O</Desc>
        <RevenueAndExpensesPerBooksAmt>128970</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>128970</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>BRITISH HIGHLAND WINDS OTHER</Desc>
        <RevenueAndExpensesPerBooksAmt>295016</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>295016</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>LONGWOOD TN LP OTHER DEDUCTIO</Desc>
        <RevenueAndExpensesPerBooksAmt>221898</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>221898</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>HILLTOP CLUB OTHER DEDUCTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>26632</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>26632</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>DMAR LTD PARTNERSHIP LP OTHER</Desc>
        <RevenueAndExpensesPerBooksAmt>18796</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>18796</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>BAIN CAP FD XIII OTHER DEDUCT</Desc>
        <RevenueAndExpensesPerBooksAmt>40913</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>40913</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>BC FUND XIII CTB OTHER DEDUCT</Desc>
        <RevenueAndExpensesPerBooksAmt>300</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>300</NetInvestmentIncomeAmt>
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        <RevenueAndExpensesPerBooksAmt>712880</RevenueAndExpensesPerBooksAmt>
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      <OtherIncomeDetail>
        <Desc>BAIN CAPITAL</Desc>
        <RevenueAndExpensesPerBooksAmt>1005</RevenueAndExpensesPerBooksAmt>
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        <NetInvestmentIncomeAmt>4434</NetInvestmentIncomeAmt>
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      <TaxesDetail>
        <CategoryTxt>SEC 511 TAX</CategoryTxt>
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      <TaxesDetail>
        <CategoryTxt>OTHER TAXES</CategoryTxt>
        <Amt>10</Amt>
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        <USAddress>
          <AddressLine1Txt>180 WEST COMMERCE STREET</AddressLine1Txt>
          <CityNm>HERNANDO</CityNm>
          <StateAbbreviationCd>MS</StateAbbreviationCd>
          <ZIPCd>38632</ZIPCd>
        </USAddress>
        <EIN>621525140</EIN>
        <Desc>PTR DIST &amp; EXP REIMBURSEMENT</Desc>
        <Amt>2085000</Amt>
      </TransfersFromControlledEntGrp>
      <TotalAmt>2185000</TotalAmt>
    </TransfersFrmControlledEntities>
    <TransfersToControlledEntities documentId="RetDoc20">
      <TransfersToControlledEntGrp>
        <BusinessName>
          <BusinessNameLine1Txt>DMAR INVESTMENTS LP</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>180 WEST COMMERCE STREET</AddressLine1Txt>
          <CityNm>HERNANDO</CityNm>
          <StateAbbreviationCd>MS</StateAbbreviationCd>
          <ZIPCd>38632</ZIPCd>
        </USAddress>
        <EIN>752384625</EIN>
        <Desc>PARTNER CONTRIBUTIONS</Desc>
        <Amt>5686</Amt>
      </TransfersToControlledEntGrp>
      <TotalAmt>5686</TotalAmt>
    </TransfersToControlledEntities>
  </ReturnData>
</Return>