﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2024v5.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-11-13T10:12:17-06:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>731690684</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>GAYTAN &amp; LEEVAN LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>11400 W OLYMPIC BLVD STE 1600</AddressLine1Txt>
        <CityNm>LOS ANGELES</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>90064</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>800267626</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE GIHON FOUNDATION</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>C/O GAYTAN &amp; LEEVAN LLP</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>GIHO</BusinessNameControlTxt>
      <PhoneNum>3104775252</PhoneNum>
      <USAddress>
        <AddressLine1Txt>11400 W OLYMPIC BLVD STE 1600</AddressLine1Txt>
        <CityNm>LOS ANGELES</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>90064</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>EDWARD LEEVAN</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>3104775252</PhoneNum>
      <SignatureDt>2025-11-10</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>1</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>EDWARD LEEVAN CPA</PreparerPersonNm>
      <PTIN>P00747241</PTIN>
      <PhoneNum>3104775252</PhoneNum>
      <PreparationDt>2025-11-10</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="12">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>3225397</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>30048</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>30048</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>30048</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>74456</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>74456</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>74456</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>655592</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>2275774</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>655592</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>32985</NetSTCapitalGainAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>760096</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>760096</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>137489</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>100000</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>10000</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstAdjNetIncmAmt>45000</CompOfcrDirTrstAdjNetIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>45000</CompOfcrDirTrstDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002100001">4891</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>4891</LegalFeesNetInvstIncmAmt>
        <LegalFeesAdjNetIncmAmt>0</LegalFeesAdjNetIncmAmt>
        <LegalFeesDsbrsChrtblAmt>0</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">6803</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>5442</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>681</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>680</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002300001">24455</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>24455</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesAdjNetIncmAmt>0</OtherProfFeesAdjNetIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>0</OtherProfFeesDsbrsChrtblAmt>
        <InterestRevAndExpnssAmt>100071</InterestRevAndExpnssAmt>
        <InterestNetInvstIncmAmt>100071</InterestNetInvstIncmAmt>
        <InterestAdjNetIncmAmt>0</InterestAdjNetIncmAmt>
        <InterestDsbrsChrtblAmt>0</InterestDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">17119</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>10513</TaxesNetInvstIncmAmt>
        <TaxesAdjNetIncmAmt>4021</TaxesAdjNetIncmAmt>
        <TaxesDsbrsChrtblAmt>2585</TaxesDsbrsChrtblAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="RetDoc2203000001">3112</DeprecAndDpltnRevAndExpnssAmt>
        <DeprecAndDpltnNetInvstIncmAmt>0</DeprecAndDpltnNetInvstIncmAmt>
        <DeprecAndDpltnAdjNetIncmAmt>3112</DeprecAndDpltnAdjNetIncmAmt>
        <OccupancyRevAndExpnssAmt>19200</OccupancyRevAndExpnssAmt>
        <OccupancyNetInvstIncmAmt>14400</OccupancyNetInvstIncmAmt>
        <OccupancyAdjNetIncmAmt>2400</OccupancyAdjNetIncmAmt>
        <OccupancyDsbrsChrtblAmt>2400</OccupancyDsbrsChrtblAmt>
        <TravConfMeetingRevAndExpnssAmt>9439</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingNetInvstIncmAmt>9439</TravConfMeetingNetInvstIncmAmt>
        <TravConfMeetingAdjNetIncmAmt>0</TravConfMeetingAdjNetIncmAmt>
        <TravConfMeetingDsbrsChrtblAmt>0</TravConfMeetingDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">20927</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>5920</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>2963</OtherExpensesAdjNetIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>12044</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>306017</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>185131</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>58177</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>62709</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>75000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>75000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>381017</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>185131</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>58177</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>137709</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>379079</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>574965</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>79312</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>15188</CashBOYAmt>
        <CashEOYAmt>18684</CashEOYAmt>
        <CashEOYFMVAmt>18684</CashEOYFMVAmt>
        <CorporateStockBOYAmt>636492</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">674111</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>947285</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>533247</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2044400001">677182</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>671269</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>551567</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc2018100001">748631</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>854307</OtherInvestmentsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>781425</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>47573</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>736964</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="RetDoc2059000001">733852</LandEOYAmt>
        <LandEOYFMVAmt>733852</LandEOYFMVAmt>
        <TotalAssetsBOYAmt>2473458</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>2852460</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>3225397</TotalAssetsEOYFMVAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="RetDoc2065700001">148</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="RetDoc2065700001">71</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>148</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>71</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>0</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>0</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>0</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>0</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>2473310</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>2852389</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>2473310</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>2852389</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>2473458</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>2852460</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>2473310</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>379079</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>2852389</SubtotalAmt>
        <OtherDecreasesAmt>0</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>2852389</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOLDMAN SACHS (431)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>12584</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>12588</CostOrOtherBasisAmt>
          <GainOrLossAmt>-4</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-4</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOLDMAN SACHS (431)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>804424</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>424758</CostOrOtherBasisAmt>
          <GainOrLossAmt>379666</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>379666</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOLDMAN SACHS (483)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>134575</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>119221</CostOrOtherBasisAmt>
          <GainOrLossAmt>15354</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>15354</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOLDMAN SACHS (483)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>68354</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>54131</CostOrOtherBasisAmt>
          <GainOrLossAmt>14223</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>14223</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOLDMAN SACHS (503)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>242556</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>246427</CostOrOtherBasisAmt>
          <GainOrLossAmt>-3871</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-3871</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOLDMAN SACHS (503)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>296</GrossSalesPriceAmt>
          <GainOrLossAmt>296</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>296</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOLDMAN SACHS (792)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>242352</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>230637</CostOrOtherBasisAmt>
          <GainOrLossAmt>11715</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>11715</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOLDMAN SACHS (792)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>503880</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>332596</CostOrOtherBasisAmt>
          <GainOrLossAmt>171284</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>171284</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOLDMAN SACHS (792)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>3</GrossSalesPriceAmt>
          <GainOrLossAmt>3</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOLDMAN SACHS (794)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>13038</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>12392</CostOrOtherBasisAmt>
          <GainOrLossAmt>646</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>646</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOLDMAN SACHS (794)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>142211</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>106717</CostOrOtherBasisAmt>
          <GainOrLossAmt>35494</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>35494</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOLDMAN SACHS (865)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>44820</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>39546</CostOrOtherBasisAmt>
          <GainOrLossAmt>5274</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5274</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOLDMAN SACHS (865)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>66681</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>41169</CostOrOtherBasisAmt>
          <GainOrLossAmt>25512</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>25512</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>655592</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>32985</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>7992</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>7992</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>7992</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>8535</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>0</ExtsnRequestIncomeTaxPaidAmt>
        <BackupWithholdingWithheldAmt>0</BackupWithholdingWithheldAmt>
        <TotalPaymentsAndCreditsAmt>8535</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>0</EsPenaltyAmt>
        <OverpaymentAmt>543</OverpaymentAmt>
        <AppliedToESTaxAmt>543</AppliedToESTaxAmt>
        <RefundAmt>0</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>1</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>WWW.GIHON.COM</WebsiteAddressTxt>
        <IndividualWithBooksNm>GAYTAN LEEVAN LLP</IndividualWithBooksNm>
        <PhoneNum>3104775252</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>11400 W OLYMPIC BLVD 1600</AddressLine1Txt>
          <CityNm>LOS ANGELES</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>90064</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>0</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CHRISTIAN NESMITH</PersonNm>
          <USAddress>
            <AddressLine1Txt>13157 OXNARD ST 101</AddressLine1Txt>
            <CityNm>VAN NUYS</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91401</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDENT/TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>15.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>25000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JASON NESMITH</PersonNm>
          <USAddress>
            <AddressLine1Txt>11755 LAURELCREST DRIVE</AddressLine1Txt>
            <CityNm>STUDIO CITY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91604</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>15.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>25000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JONATHAN NESMITH</PersonNm>
          <USAddress>
            <AddressLine1Txt>4724 N SEPULVEDA BLVD 202</AddressLine1Txt>
            <CityNm>SHERMAN OAKS</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91403</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>15.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>25000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JESSICA NESMITH</PersonNm>
          <USAddress>
            <AddressLine1Txt>11676 WEDDINGTON ST</AddressLine1Txt>
            <CityNm>VALLEY VILLAGE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91607</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>15.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>25000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>MAINTENANCE AND DISPLAY OF AN ART COLLECTION AND A DOCUMENTARY FILM ON THE COLLECTION.</Description1Txt>
        <Expenses1Amt>2754</Expenses1Amt>
        <Description2Txt>PROVIDING A VENUE FOR DISCUSSIONS OF IMPORTANT WORLD ISSUES.</Description2Txt>
        <Expenses2Amt>1377</Expenses2Amt>
        <Description3Txt>COUNCIL ON IDEAS - THINK TANK FOR IDEAS TO PROMOTE THE WELL BEING OF HUMANS ON EARTH AND PERFORMING ARTS.</Description3Txt>
        <Expenses3Amt>50952</Expenses3Amt>
        <Description4Txt>3-D COMPUTER EVENT PRESENTATION OF ART AND MUSIC APPRECIATION.</Description4Txt>
        <Expenses4Amt>82626</Expenses4Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>1042831</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>16936</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>1379524</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2439291</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>2439291</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>36589</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2402702</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>120135</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>137709</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>137709</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <PrivateOperatingFoundationsGrp>
        <PrivateOperatingFndtnRulingDt>2008-03-17</PrivateOperatingFndtnRulingDt>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>79312</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>108654</Year2Amt>
          <Year3Amt>49893</Year3Amt>
          <TotalAmt>237859</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>67415</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>92356</Year2Amt>
          <Year3Amt>42409</Year3Amt>
          <TotalAmt>202180</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>137709</CurrentYearAmt>
          <Year1Amt>109790</Year1Amt>
          <Year2Amt>1614470</Year2Amt>
          <Year3Amt>100410</Year3Amt>
          <TotalAmt>1962379</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriNotUsedDrtGrp>
          <CurrentYearAmt>0</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>0</Year2Amt>
          <Year3Amt>0</Year3Amt>
          <TotalAmt>0</TotalAmt>
        </QualifyingDistriNotUsedDrtGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>137709</CurrentYearAmt>
          <Year1Amt>109790</Year1Amt>
          <Year2Amt>1614470</Year2Amt>
          <Year3Amt>100410</Year3Amt>
          <TotalAmt>1962379</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TotalAssetsGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsGrp>
        <TotalAssetsSect4942j3BiGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsSect4942j3BiGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>80090</CurrentYearAmt>
          <Year1Amt>68962</Year1Amt>
          <Year2Amt>110848</Year2Amt>
          <Year3Amt>151717</Year3Amt>
          <TotalAmt>411617</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
        <TotalSupportGrp>
          <TotalAmt>0</TotalAmt>
        </TotalSupportGrp>
        <PublicSupportType>
          <TotalAmt>0</TotalAmt>
        </PublicSupportType>
        <LargestSupportFromEOGrp>
          <TotalAmt>0</TotalAmt>
        </LargestSupportFromEOGrp>
        <GrossInvestmentIncomeGrp>
          <TotalAmt>0</TotalAmt>
        </GrossInvestmentIncomeGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOMEBOY INDUSTRIES</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>130 W BRUNO STREET</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90012</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>OTHER PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ADVANCE/PROMOTE THE ACTIVITIES OF THE FOUNDATION</GrantOrContributionPurposeTxt>
          <Amt>75000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>75000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>30048</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>74456</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>655592</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>760096</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>760096</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>TAX PREPARATION &amp; BOOKKEEPING</CategoryTxt>
        <Amt>6803</Amt>
        <NetInvestmentIncomeAmt>5442</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>681</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>680</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="RetDoc2203000001">
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER EQUIPMENT</PropertyDesc>
        <AcquiredDt>2021-07-07</AcquiredDt>
        <CostOrOtherBasisAmt>7428</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3715</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>1486</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1486</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER EQUIPMENT</PropertyDesc>
        <AcquiredDt>2021-07-28</AcquiredDt>
        <CostOrOtherBasisAmt>651</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>314</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>130</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>130</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LEASEHOLD IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2009-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>982</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>652</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>25</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>25</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>GALLERY LIGHT FIXTURES</PropertyDesc>
        <AcquiredDt>2009-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>679</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>431</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>17</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>17</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LEASEHOLD IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2009-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>457</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>278</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>12</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>12</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LEASEHOLD IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2009-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>8501</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4705</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>218</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>218</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LEASEHOLD IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2009-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>38998</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>20000</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>1000</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1000</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LEASEHOLD IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2009-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>4802</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2429</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>123</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>123</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LEASEHOLD IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2009-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>950</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>466</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>24</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>24</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LEASEHOLD IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2017-09-08</AcquiredDt>
        <CostOrOtherBasisAmt>3000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>488</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>77</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>77</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LIQUID PAPER MUSEUM</PropertyDesc>
        <AcquiredDt>2009-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>10983</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>10983</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND</PropertyDesc>
        <AcquiredDt>2009-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>703994</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorporateBondsGrp>
        <BondNm>CORPORATE BONDS</BondNm>
        <EOYBookValueAmt>677182</EOYBookValueAmt>
        <EOYFMVAmt>671269</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>CORPORATE STOCKS</StockNm>
        <EOYBookValueAmt>674111</EOYBookValueAmt>
        <EOYFMVAmt>947285</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MUTUAL FUNDS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>748631</BookValueAmt>
        <EOYFMVAmt>854307</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="RetDoc2059000001">
      <LandEtcGrp>
        <CategoryOrItemTxt>COMPUTER EQUIPMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>7428</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>5201</AccumulatedDepreciationAmt>
        <BookValueAmt>2227</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>COMPUTER EQUIPMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>651</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>444</AccumulatedDepreciationAmt>
        <BookValueAmt>207</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LEASEHOLD IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>982</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>677</AccumulatedDepreciationAmt>
        <BookValueAmt>305</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>GALLERY LIGHT FIXTURES</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>679</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>448</AccumulatedDepreciationAmt>
        <BookValueAmt>231</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LEASEHOLD IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>457</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>290</AccumulatedDepreciationAmt>
        <BookValueAmt>167</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LEASEHOLD IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>8501</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>4923</AccumulatedDepreciationAmt>
        <BookValueAmt>3578</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LEASEHOLD IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>38998</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>21000</AccumulatedDepreciationAmt>
        <BookValueAmt>17998</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LEASEHOLD IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>4802</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2552</AccumulatedDepreciationAmt>
        <BookValueAmt>2250</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LEASEHOLD IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>950</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>490</AccumulatedDepreciationAmt>
        <BookValueAmt>460</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LEASEHOLD IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>3000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>565</AccumulatedDepreciationAmt>
        <BookValueAmt>2435</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LIQUID PAPER MUSEUM</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>10983</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>10983</AccumulatedDepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>703994</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>703994</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL</CategoryTxt>
        <LegalFeesAmt>4891</LegalFeesAmt>
        <NetInvestmentIncomeAmt>4891</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>71</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>7</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>32</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>32</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>COMPUTER/INTERNET EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>1737</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1042</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>348</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>347</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>121</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>30</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>46</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>45</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PERFORMING ARTS PROGRAM</Desc>
        <RevenueAndExpensesPerBooksAmt>9085</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>9085</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>REPAIRS &amp; MAINTENANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>3368</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1684</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1684</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SECURITY</Desc>
        <RevenueAndExpensesPerBooksAmt>375</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>188</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>187</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>4518</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3840</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>339</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>339</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>UTILITIES</Desc>
        <RevenueAndExpensesPerBooksAmt>252</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>176</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>38</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>38</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE REBATE</Desc>
        <RevenueAndExpensesPerBooksAmt>-312</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-31</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-141</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>-140</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEALS</Desc>
        <RevenueAndExpensesPerBooksAmt>1711</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>856</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>428</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>427</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE &amp; DELIVERY</Desc>
        <RevenueAndExpensesPerBooksAmt>1</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilitiesDetail>
        <Desc>CREDIT CARDS PAYABLE</Desc>
        <BOYBookValueAmt>148</BOYBookValueAmt>
        <EOYBookValueAmt>71</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT</CategoryTxt>
        <Amt>24455</Amt>
        <NetInvestmentIncomeAmt>24455</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAXES</CategoryTxt>
        <Amt>9528</Amt>
        <NetInvestmentIncomeAmt>7146</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1191</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1191</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PAYROLL TAXES</CategoryTxt>
        <Amt>7040</Amt>
        <NetInvestmentIncomeAmt>2816</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2830</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1394</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>551</Amt>
        <NetInvestmentIncomeAmt>551</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>