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        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>87020</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>87020</Taxable1Amt>
        <UndistributedIncomeCYAmt>853017</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>0</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp></PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Greater Hudson Heritage Network</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2199 Saw Mill River Road</AddressLine1Txt>
            <CityNm>Elmsford</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10523</ZIPCd>
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          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CONSERVATION TREATMENT</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Baltimore Museum of Art</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>10 Art Museum Drive</AddressLine1Txt>
            <CityNm>Baltimore</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>21218</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Maine State Museum</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>230 State Street</AddressLine1Txt>
            <CityNm>Augusta</CityNm>
            <StateAbbreviationCd>ME</StateAbbreviationCd>
            <ZIPCd>04330</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>60000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Mattatuck Museum</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>144 W Main Street</AddressLine1Txt>
            <CityNm>Waterbury</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06702</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>New York Historical Society</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>170 Central Park West</AddressLine1Txt>
            <CityNm>New York</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10024</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Trustees of Smith College</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>10 Elm Street</AddressLine1Txt>
            <CityNm>Northhampton</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>01063</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Schweinfurth Art Center</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>205 Genesee Street</AddressLine1Txt>
            <CityNm>Auburn</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13021</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Ars Nova Workshop</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1901 S 9th Street</AddressLine1Txt>
            <CityNm>Philadelphia</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19148</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>35000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Institute of Contemporary Art Boston</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>25 Harbor Shore Drive</AddressLine1Txt>
            <CityNm>Boston</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02210</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Reginald F Lewis Museum</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>830 E Pratt Street</AddressLine1Txt>
            <CityNm>Baltimore</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>21202</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Public Program</GrantOrContributionPurposeTxt>
          <Amt>14000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Hudson River Museum</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>511 Warburton Avenue Yonkers NY 1</AddressLine1Txt>
            <CityNm>Yonkers</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10701</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Clark Art Institute</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>225 South Street</AddressLine1Txt>
            <CityNm>Williamstown</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>01267</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Lyndhurst</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>635 South Broadway</AddressLine1Txt>
            <CityNm>Tarrytown</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10591</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>American Folk Art Museum</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2 Lincoln Square</AddressLine1Txt>
            <CityNm>New York</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10023</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Concord Museum</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>53 Cambridge Turnpike</AddressLine1Txt>
            <CityNm>Concord</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>01742</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>The Frick Collection</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1 E 70th Street</AddressLine1Txt>
            <CityNm>New York</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10021</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Hispanic Society of America</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3741 Broadway</AddressLine1Txt>
            <CityNm>New York</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10032</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Historic Deerfield</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>80 Old Main Street</AddressLine1Txt>
            <CityNm>Deerfield</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>01342</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Penn Museum</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>3260 South Street</AddressLine1Txt>
            <CityNm>Philadelphia</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19104</ZIPCd>
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          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Museum of Art Rhode Island School of Design</BusinessNameLine1Txt>
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          <RecipientUSAddress>
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            <CityNm>Providence</CityNm>
            <StateAbbreviationCd>RI</StateAbbreviationCd>
            <ZIPCd>02903</ZIPCd>
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          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Seton Hill University</BusinessNameLine1Txt>
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            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>15601</ZIPCd>
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          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Storm King Art Center</BusinessNameLine1Txt>
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          <RecipientUSAddress>
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          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Hispanic Society of America</BusinessNameLine1Txt>
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            <ZIPCd>10032</ZIPCd>
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          <GrantOrContributionPurposeTxt>Exhibition</GrantOrContributionPurposeTxt>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 AMAZON.COM INC.</BondNm>
        <EOYBookValueAmt>75066</EOYBookValueAmt>
        <EOYFMVAmt>75088</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 GLAXOSMITHKLINE CAPITAL</BondNm>
        <EOYBookValueAmt>74723</EOYBookValueAmt>
        <EOYFMVAmt>74753</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 STATE STREET CORP</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 WESTPAC BKG CORP</BondNm>
        <EOYBookValueAmt>76943</EOYBookValueAmt>
        <EOYFMVAmt>76757</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>50000 TOTAL CAPTL INTL SA</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 CITIBANK NA</BondNm>
        <EOYBookValueAmt>76091</EOYBookValueAmt>
        <EOYFMVAmt>76122</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 TORONTO DOMINION BANK</BondNm>
        <EOYBookValueAmt>73422</EOYBookValueAmt>
        <EOYFMVAmt>73766</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 COMCAST CORP</BondNm>
        <EOYBookValueAmt>74610</EOYBookValueAmt>
        <EOYFMVAmt>74610</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 SUMITOMO MITSUI FINL GRP</BondNm>
        <EOYBookValueAmt>72869</EOYBookValueAmt>
        <EOYFMVAmt>73205</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>50000 EXXON MOBIL CORPORATION</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 CREDIT SUISSE NEW YORK</BondNm>
        <EOYBookValueAmt>76531</EOYBookValueAmt>
        <EOYFMVAmt>75440</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 SHELL INTERNATIONAL FIN</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 PNC FINANCIAL SERVICES</BondNm>
        <EOYBookValueAmt>75326</EOYBookValueAmt>
        <EOYFMVAmt>75314</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 SIMON PROPERTY GROUP LP</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 MITSUBISHI UFJ FIN GRP</BondNm>
        <EOYBookValueAmt>75088</EOYBookValueAmt>
        <EOYFMVAmt>74713</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 TRGET CORP</BondNm>
        <EOYBookValueAmt>74664</EOYBookValueAmt>
        <EOYFMVAmt>74444</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 DEUTSCHE BANK NY</BondNm>
        <EOYBookValueAmt>74840</EOYBookValueAmt>
        <EOYFMVAmt>74786</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 MORGAN STANLEY</BondNm>
        <EOYBookValueAmt>74600</EOYBookValueAmt>
        <EOYFMVAmt>74693</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 CANADIAN IMPERIAL BANK</BondNm>
        <EOYBookValueAmt>74778</EOYBookValueAmt>
        <EOYFMVAmt>74707</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 NORTHERN TRUST CORP</BondNm>
        <EOYBookValueAmt>74466</EOYBookValueAmt>
        <EOYFMVAmt>74546</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 ASTRAZENECA FINANCE LLC</BondNm>
        <EOYBookValueAmt>77183</EOYBookValueAmt>
        <EOYFMVAmt>75441</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 PAYPAL HOLDING INC</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 PHILIP MORRIS INTL INC</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 HONEYWELL INTERNATIONAL</BondNm>
        <EOYBookValueAmt>73982</EOYBookValueAmt>
        <EOYFMVAmt>74024</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 DIAGEO CAPITAL PLC</BondNm>
        <EOYBookValueAmt>76520</EOYBookValueAmt>
        <EOYFMVAmt>75400</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 ANHEUSER-BUSCH CO INVEB</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 LAM RESEARCH CORP</BondNm>
        <EOYBookValueAmt>74514</EOYBookValueAmt>
        <EOYFMVAmt>74220</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 PFIZER INVESTMENT ENTER</BondNm>
        <EOYBookValueAmt>74468</EOYBookValueAmt>
        <EOYFMVAmt>74887</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 WELLS FARGO BANK NATL AS</BondNm>
        <EOYBookValueAmt>76345</EOYBookValueAmt>
        <EOYFMVAmt>75889</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 MIZUHO FINANCIAL GROUP I</BondNm>
        <EOYBookValueAmt>72492</EOYBookValueAmt>
        <EOYFMVAmt>73308</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 GOLDMAN SACHS BANK USA</BondNm>
        <EOYBookValueAmt>74659</EOYBookValueAmt>
        <EOYFMVAmt>75426</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 BLACKROCK FUNDING INC</BondNm>
        <EOYBookValueAmt>76559</EOYBookValueAmt>
        <EOYFMVAmt>75171</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 BRISTOL-MYERS SQUIBB CO</BondNm>
        <EOYBookValueAmt>73402</EOYBookValueAmt>
        <EOYFMVAmt>73428</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75000 STATE STREET CORP</BondNm>
        <EOYBookValueAmt>74612</EOYBookValueAmt>
        <EOYFMVAmt>74140</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>5910 WELLS FARGO &amp; COMPANY</StockNm>
        <EOYBookValueAmt>228057</EOYBookValueAmt>
        <EOYFMVAmt>415118</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1375 UNITED HEALTH GROUP</StockNm>
        <EOYBookValueAmt>318799</EOYBookValueAmt>
        <EOYFMVAmt>695558</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3099 CAPITAL ONE FINANCIAL COR</StockNm>
        <EOYBookValueAmt>255446</EOYBookValueAmt>
        <EOYFMVAmt>552614</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>18744 COMCAST CORP CI A</StockNm>
        <EOYBookValueAmt>753075</EOYBookValueAmt>
        <EOYFMVAmt>703462</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2424 AON PLC/IRELAND A</StockNm>
        <EOYBookValueAmt>617271</EOYBookValueAmt>
        <EOYFMVAmt>870604</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3737 ALPHABET INC (GOOG)</StockNm>
        <EOYBookValueAmt>99787</EOYBookValueAmt>
        <EOYFMVAmt>711674</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1936 ALPHABET, INC (GOOGL)</StockNm>
        <EOYBookValueAmt>27996</EOYBookValueAmt>
        <EOYFMVAmt>366485</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>7688 AMAZON.COM INC.</StockNm>
        <EOYBookValueAmt>576805</EOYBookValueAmt>
        <EOYFMVAmt>1686670</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>963 ANTHEM INC.</StockNm>
        <EOYBookValueAmt>387386</EOYBookValueAmt>
        <EOYFMVAmt>355251</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>670 CHARTER COMMUNICATIONS INC</StockNm>
        <EOYBookValueAmt>197767</EOYBookValueAmt>
        <EOYFMVAmt>229656</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>9347 CITIGROUP INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>11174 CONOCOPHILLIPS (COP)</StockNm>
        <EOYBookValueAmt>1165447</EOYBookValueAmt>
        <EOYFMVAmt>1108126</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1563 THE WALT DISNEY COMPANY</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>7714 DISH NETWORK CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>592 EVOLUTION GAMING GROUP-ADR</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1855 META PLATFORMS INC</StockNm>
        <EOYBookValueAmt>303429</EOYBookValueAmt>
        <EOYFMVAmt>1086121</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>5147 GENERAL ELECTRIC CO. (GE)</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1631 GOLDMAN SACHS GROUP INC (</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1852 HILTON WORLDWIDE HOLDINGS</StockNm>
        <EOYBookValueAmt>106242</EOYBookValueAmt>
        <EOYFMVAmt>378896</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>4437 LIBERTY BROADBAND (LBRDK)</StockNm>
        <EOYBookValueAmt>411938</EOYBookValueAmt>
        <EOYFMVAmt>331710</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1455 MARRIOT INTERNATIONAL INC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1939 MICROSOFT CORPORATION</StockNm>
        <EOYBookValueAmt>74563</EOYBookValueAmt>
        <EOYFMVAmt>817289</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3118 MORGAN STANLEY</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1293 NETFLIX COM INC.</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1438 VISA INC-CLASS A SHRS (V)</StockNm>
        <EOYBookValueAmt>330888</EOYBookValueAmt>
        <EOYFMVAmt>454466</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1202 IAC/INTERACTIVE COM (IAC)</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2676 WOODWARD GOVERNOR CO</StockNm>
        <EOYBookValueAmt>316088</EOYBookValueAmt>
        <EOYFMVAmt>445340</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>7325 AERCAP HOLDING NV (AER)</StockNm>
        <EOYBookValueAmt>393687</EOYBookValueAmt>
        <EOYFMVAmt>701003</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>83146 PROSUS NV (PROSY)</StockNm>
        <EOYBookValueAmt>559305</EOYBookValueAmt>
        <EOYFMVAmt>660179</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>6950 SAFRAN SA (SAFRY)</StockNm>
        <EOYBookValueAmt>197498</EOYBookValueAmt>
        <EOYFMVAmt>378775</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1860 NASPERS LIMITED (NPSNY)</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>11259 SHELL PLC ADR (SHEL)</StockNm>
        <EOYBookValueAmt>660412</EOYBookValueAmt>
        <EOYFMVAmt>705376</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1593 OCCIDENTAL PETROLEUM CORP</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>69132 BAYER A G SPONSORED ADR</StockNm>
        <EOYBookValueAmt>705344</EOYBookValueAmt>
        <EOYFMVAmt>337364</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2926 SAP AKIENGESELLSCHAFT SPO</StockNm>
        <EOYBookValueAmt>410308</EOYBookValueAmt>
        <EOYFMVAmt>720410</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3351 TAIWAN SEMICONDUCTOR MFG</StockNm>
        <EOYBookValueAmt>315015</EOYBookValueAmt>
        <EOYFMVAmt>661789</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1089 DISCOVER FINANCIAL SERVIC</StockNm>
        <EOYBookValueAmt>131984</EOYBookValueAmt>
        <EOYFMVAmt>188647</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1217 GE VERNOVA LLC (GEV)</StockNm>
        <EOYBookValueAmt>173763</EOYBookValueAmt>
        <EOYFMVAmt>400308</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1945 HUMANA INC (HUM)</StockNm>
        <EOYBookValueAmt>640902</EOYBookValueAmt>
        <EOYFMVAmt>493466</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2889 ESTEE LAUDER COMPANIES</StockNm>
        <EOYBookValueAmt>207375</EOYBookValueAmt>
        <EOYFMVAmt>216617</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>17312 LONDON STOCK EXCHANGE GR</StockNm>
        <EOYBookValueAmt>581712</EOYBookValueAmt>
        <EOYFMVAmt>617865</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>3336 WORKDAY INC (WDAY)</StockNm>
        <EOYBookValueAmt>795201</EOYBookValueAmt>
        <EOYFMVAmt>860788</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>10137 ALCOA UPSTREAM CORPORATI</StockNm>
        <EOYBookValueAmt>375356</EOYBookValueAmt>
        <EOYFMVAmt>382976</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>15508</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>15508</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DUES/MEMBERSHIPS</Desc>
        <RevenueAndExpensesPerBooksAmt>3592</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>3592</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>2455</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>2455</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SHIPPING</Desc>
        <RevenueAndExpensesPerBooksAmt>137</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>137</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PAYROLL EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>279</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>279</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEALS AND ENT</Desc>
        <RevenueAndExpensesPerBooksAmt>176</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>176</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>Other receipts</Desc>
        <RevenueAndExpensesPerBooksAmt>6350</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>6350</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSch">
      <OtherIncreasesDetail>
        <Desc>BOOK/TAX DIFFERENCE</Desc>
        <Amt>22803</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>OTHER PROFESSIONAL FEES #7360</CategoryTxt>
        <Amt>176154</Amt>
        <NetInvestmentIncomeAmt>88077</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>88077</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>OTHER PROFESSIONAL FEES #4050</CategoryTxt>
        <Amt>12563</Amt>
        <NetInvestmentIncomeAmt>6281</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>6282</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
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    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAX PAYMENTS</CategoryTxt>
        <Amt>20000</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN INCOME TAX WITHHELD</CategoryTxt>
        <Amt>5694</Amt>
        <NetInvestmentIncomeAmt>5694</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FICA EXPENSE</CategoryTxt>
        <Amt>1972</Amt>
        <DisbursementsCharitablePrpsAmt>1972</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>SUI EXPENSE</CategoryTxt>
        <Amt>439</Amt>
        <DisbursementsCharitablePrpsAmt>439</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FILING FEES</CategoryTxt>
        <Amt>1500</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>