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        <GrantOrContributionPdDurYrGrp>
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          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNITED NEGRO COLLEGE FUND</BusinessNameLine1Txt>
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          <GrantOrContributionPurposeTxt>GENERAL PURPOSES</GrantOrContributionPurposeTxt>
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        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
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      <AnalysisIncomeProducingActyGrp>
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          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
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        <TotalIncomeProducingActyAmt>236375</TotalIncomeProducingActyAmt>
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      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
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        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
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        <CategoryTxt>SAUL EWING LLP</CategoryTxt>
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        <NetInvestmentIncomeAmt>2215</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <AccountingFeesDetail>
        <CategoryTxt>JERROLD GOLD - LEGAL &amp; ACCOUNTING</CategoryTxt>
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        <NetInvestmentIncomeAmt>1850</NetInvestmentIncomeAmt>
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        <BondNm>AEGIS CAPITAL</BondNm>
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      </InvestmentsCorporateBondsGrp>
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    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>AEGIS CAPITAL</StockNm>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MUTUAL FUNDS (MERRILL LYNCH)</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>360984</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AEGIS CAPITAL</CategoryOrItemTxt>
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      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>C.D.'S (MERRILL LYNCH)</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>450000</BookValueAmt>
        <EOYFMVAmt>455594</EOYFMVAmt>
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        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>55</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
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      <TaxesDetail>
        <CategoryTxt>NEW YORK STATE TAXES DUE</CategoryTxt>
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      <TaxesDetail>
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