﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2024v5.2" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-11-17T09:41:01-08:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>472319109</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Fasten Halberstam LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>40 Wall St Ste 3602</AddressLine1Txt>
        <CityNm>New York</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>10005</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>116526222</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>The Independent Foundation</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>INDE</BusinessNameControlTxt>
      <PhoneNum>2127518337</PhoneNum>
      <USAddress>
        <AddressLine1Txt>33 Whitehall Street 27th Floor</AddressLine1Txt>
        <CityNm>New York</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>10004</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>Eduard Korsinsky</PersonNm>
      <PersonTitleTxt>President</PersonTitleTxt>
      <SignatureDt>2025-11-17</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>Mordechai Halberstam CPA</PreparerPersonNm>
      <PTIN>P00613700</PTIN>
      <PhoneNum>2127518337</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="5">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation" softwareId="24020490" softwareVersionNum="2024v5.2">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>9944026</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>2999991</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>52838</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>52838</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>52838</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>91986</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>91986</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>91986</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>262927</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>2794404</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>262927</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>36162</NetSTCapitalGainAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>3407742</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>407751</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>180986</TotalAdjNetIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">517</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>517</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">22303</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>22303</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>22820</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>22820</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>314283</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>314283</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>337103</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>22820</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>314283</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>3070639</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>384931</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>180986</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>695239</CashBOYAmt>
        <CashEOYAmt>3835468</CashEOYAmt>
        <CashEOYFMVAmt>3835468</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>2125444</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>1483766</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>1483766</SavAndTempCashInvstEOYFMVAmt>
        <OtherNtsAndLoansRcvblAmt>101750</OtherNtsAndLoansRcvblAmt>
        <OtherNtsAndLoansRcvblBOYAmt>101750</OtherNtsAndLoansRcvblBOYAmt>
        <OtherNtsAndLoansRcvblEOYAmt>101750</OtherNtsAndLoansRcvblEOYAmt>
        <OtherNtsAndLoansRcvblEOYFMVAmt>101750</OtherNtsAndLoansRcvblEOYFMVAmt>
        <CorporateStockBOYAmt>3209007</CorporateStockBOYAmt>
        <CorporateStockEOYAmt>4105491</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>4105491</CorporateStockEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="OtherAssetsSchedule">410706</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="OtherAssetsSchedule">417552</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="OtherAssetsSchedule">417551</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>6542146</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>9944027</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>9944026</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>6542146</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>9944027</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>6542146</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>9944027</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>6542146</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>9944027</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>6542146</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>3070639</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSchedule">331242</OtherIncreasesAmt>
        <SubtotalAmt>9944027</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>9944027</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FH TX Ventures III LLC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-01-01</AcquiredDt>
          <SoldDt>2024-12-31</SoldDt>
          <GrossSalesPriceAmt>13232</GrossSalesPriceAmt>
          <GainOrLossAmt>13232</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>13232</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Interactive Brokers LT</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-01-01</AcquiredDt>
          <SoldDt>2024-12-31</SoldDt>
          <GrossSalesPriceAmt>337692</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>124192</CostOrOtherBasisAmt>
          <GainOrLossAmt>213500</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>213500</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Interactive Brokers ST</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2024-11-30</AcquiredDt>
          <SoldDt>2024-12-31</SoldDt>
          <GrossSalesPriceAmt>1247926</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1299150</CostOrOtherBasisAmt>
          <GainOrLossAmt>-51224</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-51224</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Interactive Brokers - Noncovered</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2024-01-01</AcquiredDt>
          <SoldDt>2024-12-19</SoldDt>
          <GrossSalesPriceAmt>40678</GrossSalesPriceAmt>
          <GainOrLossAmt>40678</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>40678</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Charles Schwab ST</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2024-07-01</AcquiredDt>
          <SoldDt>2024-11-30</SoldDt>
          <GrossSalesPriceAmt>136950</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>77882</CostOrOtherBasisAmt>
          <GainOrLossAmt>59068</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>59068</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Charles Schwab - Noncovered</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2024-01-01</AcquiredDt>
          <SoldDt>2024-10-31</SoldDt>
          <GrossSalesPriceAmt>985695</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1000000</CostOrOtherBasisAmt>
          <GainOrLossAmt>-14305</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-14305</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Merrill Lynch ST</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2024-01-01</AcquiredDt>
          <SoldDt>2024-12-31</SoldDt>
          <GrossSalesPriceAmt>32198</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>30253</CostOrOtherBasisAmt>
          <GainOrLossAmt>1945</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1945</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Nondividend Distributions</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-01-01</AcquiredDt>
          <SoldDt>2024-12-31</SoldDt>
          <GrossSalesPriceAmt>33</GrossSalesPriceAmt>
          <GainOrLossAmt>33</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>33</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>262927</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>36162</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>5351</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>5351</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>5351</TaxBasedOnInvestmentIncomeAmt>
        <ExtsnRequestIncomeTaxPaidAmt>2750</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>2750</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="IRS2220">X</Form2220AttachedInd>
        <EsPenaltyAmt>128</EsPenaltyAmt>
        <TaxDueAmt>2729</TaxDueAmt>
        <AppliedToESTaxAmt>0</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>true</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>true</Form990TFiledInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>false</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>Mordechai Halberstam CPA</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>2127518337</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>33 Whitehall Street 27th Floor</AddressLine1Txt>
          <CityNm>New York</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10004</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Eduard Korsinsky</PersonNm>
          <USAddress>
            <AddressLine1Txt>33 Whitehall Street 27th Floo</AddressLine1Txt>
            <CityNm>New York</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10004</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Joseph Levi</PersonNm>
          <USAddress>
            <AddressLine1Txt>33 Whitehall Street 27th Floo</AddressLine1Txt>
            <CityNm>New York</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10004</ZIPCd>
          </USAddress>
          <TitleTxt>Treasurer</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>1890782</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>16010</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1906792</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1906792</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>28602</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1878190</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>93910</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>93910</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>5351</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>5351</TotalTaxAmt>
        <DistributableBeforeAdjAmt>88559</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>88559</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>88559</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>314283</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>314283</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>88559</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>126087</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>127658</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>84652</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>254561</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>254105</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>847063</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>314283</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>88559</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>225724</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>1072787</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>126087</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>946700</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>127658</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>84652</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>254561</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>254105</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>225724</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>The Independent Foundation</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>30 Broad Street 24th Floor</AddressLine1Txt>
            <CityNm>New York</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10004</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>2127518337</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>Letter stating purpose of solicitation any applicable brochures</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>1</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>None</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Various 501c3 organizations</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>info available upon request</AddressLine1Txt>
            <CityNm>New York</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10004</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>Charitable</GrantOrContributionPurposeTxt>
          <Amt>314283</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>314283</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <UnrelatedBusinessTaxblIncmAmt>52838</UnrelatedBusinessTaxblIncmAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <UnrelatedBusinessTaxblIncmAmt>91986</UnrelatedBusinessTaxblIncmAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>262927</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>144824</UnrelatedBusinessTaxblIncmAmt>
          <RelatedOrExemptFunctionIncmAmt>262927</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>407751</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB" softwareId="24020490" softwareVersionNum="2024v5.2">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>Levi Korsinsky LLP</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>33 Whitehall Street 27th Floo</AddressLine1Txt>
          <CityNm>New York</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10004</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>230732</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>Eduard Korsinsky</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>33 Whitehall Street 27th Floo</AddressLine1Txt>
          <CityNm>New York</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10004</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>16600</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>3</ContributorNum>
        <ContributorPersonNm>Joseph E Levi</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>33 Whitehall Street 27th Floo</AddressLine1Txt>
          <CityNm>New York</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10004</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>66951</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule" softwareId="24020490" softwareVersionNum="2024v5.2">
      <OtherAssetsScheduleGrp>
        <Desc>1229 ESTATES LLC</Desc>
        <BOYBookValueAmt>15501</BOYBookValueAmt>
        <EOYBookValueAmt>14638</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>1250 ESTATES LLC</Desc>
        <BOYBookValueAmt>15995</BOYBookValueAmt>
        <EOYBookValueAmt>14839</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>1253 ESTATES LLC</Desc>
        <BOYBookValueAmt>6998</BOYBookValueAmt>
        <EOYBookValueAmt>6074</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Isreal Investment</Desc>
        <BOYBookValueAmt>362000</BOYBookValueAmt>
        <EOYBookValueAmt>362000</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Medicom LLC</Desc>
        <BOYBookValueAmt>20000</BOYBookValueAmt>
        <EOYBookValueAmt>20000</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>Rounding</Desc>
        <EOYBookValueAmt>1</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="24020490" softwareVersionNum="2024v5.2">
      <OtherExpensesScheduleGrp>
        <Desc>Charles Schwab - Advisory fees</Desc>
        <RevenueAndExpensesPerBooksAmt>76</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>76</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Commisions</Desc>
        <RevenueAndExpensesPerBooksAmt>682</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>682</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Interactive Brokers - Advisory Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>20048</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>20048</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Merrill Lynch</Desc>
        <RevenueAndExpensesPerBooksAmt>1497</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1497</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="24020490" softwareVersionNum="2024v5.2">
      <TaxesDetail>
        <Amt>517</Amt>
        <NetInvestmentIncomeAmt>517</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>