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      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
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        <ConsolidatedBasisFinclStmtInd>X</ConsolidatedBasisFinclStmtInd>
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      <AuditCommitteeInd>true</AuditCommitteeInd>
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        <CurrentTaxYearMinus1YearAmt>5157682</CurrentTaxYearMinus1YearAmt>
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        <CurrentTaxYearAmt>1696903</CurrentTaxYearAmt>
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        <CurrentTaxYearMinus1YearAmt>662990</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>1037318</CurrentTaxYearAmt>
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      <PublicSupportPY170Pct>0.80670</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
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    <IRS990ScheduleB documentId="990B">
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        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
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          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
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        <AdministrativeExpensesAmt>65226</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>25049388</EndYearBalanceAmt>
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        <BeginningYearBalanceAmt>17274553</BeginningYearBalanceAmt>
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        <InvestmentEarningsOrLossesAmt>2318156</InvestmentEarningsOrLossesAmt>
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        <AdministrativeExpensesAmt>58670</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>20108281</EndYearBalanceAmt>
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        <BeginningYearBalanceAmt>16594615</BeginningYearBalanceAmt>
        <ContributionsAmt>3943572</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>-2956089</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>256125</OtherExpendituresAmt>
        <AdministrativeExpensesAmt>51420</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>17274553</EndYearBalanceAmt>
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      <CYMinus3YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>8478761</BeginningYearBalanceAmt>
        <ContributionsAmt>6578790</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>1760320</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>185548</OtherExpendituresAmt>
        <AdministrativeExpensesAmt>37708</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>16594615</EndYearBalanceAmt>
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      <CYMinus4YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>5858370</BeginningYearBalanceAmt>
        <ContributionsAmt>2059905</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>728506</InvestmentEarningsOrLossesAmt>
        <OtherExpendituresAmt>137376</OtherExpendituresAmt>
        <AdministrativeExpensesAmt>30644</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>8478761</EndYearBalanceAmt>
      </CYMinus4YrEndwmtFundGrp>
      <BoardDesignatedBalanceEOYPct>0.55000</BoardDesignatedBalanceEOYPct>
      <PrmnntEndowmentBalanceEOYPct>0.35000</PrmnntEndowmentBalanceEOYPct>
      <TermEndowmentBalanceEOYPct>0.10000</TermEndowmentBalanceEOYPct>
      <EndowmentsHeldUnrelatedOrgInd>false</EndowmentsHeldUnrelatedOrgInd>
      <EndowmentsHeldRelatedOrgInd>false</EndowmentsHeldRelatedOrgInd>
      <LandGrp>
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        <BookValueAmt>1400000</BookValueAmt>
      </LandGrp>
      <TotalBookValueLandBuildingsAmt>1400000</TotalBookValueLandBuildingsAmt>
      <OtherAssetsOrgGrp>
        <Desc>DUE FROM IAIA FOUNDATION</Desc>
        <BookValueAmt>733090</BookValueAmt>
      </OtherAssetsOrgGrp>
      <TotalBookValueOtherAssetsAmt>733090</TotalBookValueOtherAssetsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>DUE TO IAIA</Desc>
        <Amt>654811</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>FEDERAL INCOME TAX</Desc>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>654811</TotalLiabilityAmt>
      <FootnoteTextInd>X</FootnoteTextInd>
      <TotalRevEtcAuditedFinclStmtAmt>9575772</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>3935586</NetUnrealizedGainsInvstAmt>
      <RevenueNotReportedAmt>3935586</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>5640186</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>5640186</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>1733860</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>1733860</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>1733860</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Footnote for uncertain tax position under FIN 48 (Part X)</FormAndLineReferenceDesc>
        <ExplanationTxt>IAIA TRUST IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE AND THE STATUTES OF NEW MEXICO. IAIA TRUSTS OPEN AUDIT PERIODS ARE FISCAL YEARS 2022 THROUGH 2024 GENERALLY THREE YEARS AFTER FILING. THE FINANCIAL ACCOUNTING STANDARDS BOARD HAS ISSUED ASC 740-10, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. IAIA TRUST HAS NO UNCERTAIN TAX POSITIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="990I">
      <GrantRecordsMaintainedInd>true</GrantRecordsMaintainedInd>
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        <RecipientBusinessName>
          <BusinessNameLine1Txt>IAIA</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>83 AVAN NU PO ROAD</AddressLine1Txt>
          <CityNm>Santa Fe</CityNm>
          <StateAbbreviationCd>NM</StateAbbreviationCd>
          <ZIPCd>87508</ZIPCd>
        </USAddress>
        <RecipientEIN>850365764</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>391508</CashGrantAmt>
        <PurposeOfGrantTxt>SCHOLARSHIPS</PurposeOfGrantTxt>
      </RecipientTable>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="990J">
      <CompBasedOnRevenueOfFlngOrgInd>false</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>false</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>false</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>false</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>false</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>false</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>ROBERT MARTIN DR</PersonNm>
        <TitleTxt>PRESIDENT</TitleTxt>
        <CompensationBasedOnRltdOrgsAmt>213046</CompensationBasedOnRltdOrgsAmt>
        <DeferredCompRltdOrgsAmt>39733</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsRltdOrgsAmt>1111</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationRltdOrgsAmt>253890</TotalCompensationRltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>LAWRENCE MIRABAL</PersonNm>
        <TitleTxt>VICE PRESIDENT OPERATIONS</TitleTxt>
        <CompensationBasedOnRltdOrgsAmt>163400</CompensationBasedOnRltdOrgsAmt>
        <DeferredCompRltdOrgsAmt>9612</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsRltdOrgsAmt>636</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationRltdOrgsAmt>173648</TotalCompensationRltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="990O">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 governing body review Part VI line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>THE AUDIT COMMITTEE, MADE UP OF MEMBERS OF THE BOARD, REVIEWS FORM 990 PRIOR TO FILING.THE FULL BOARD IS ALSO PROVIDED A COPY OF THE FORM 990 TO REVIEW PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Conflict of interest policy compliance Part VI line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES REVIEW IAIAS CONFLICT OF INTEREST POLICY ANDSUBMIT CONFLICT OF INTEREST DISCLOSURE STATEMENTS EACH YEAR. IF A CONFLICT ARISES, THEPERSON INVOLVED WILL NOT VOTE ON THE TRANSACTION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Other officer or key employee compensation Part VI line 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>THE IAIA TRUST HAS NO PAID EMPLOYEES OR BOARD MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing documents etc available to public Part VI line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATIONS GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION, UPON REQUEST, BY CONTACTING THE INSTITUTES FINANCIAL SERVICES OFFICE IN SANTA FE, NEW MEXICO. FINANCIAL STATEMENTS ARE AVAILABLE DURING REGULAR HOURS FROM THE FINANCIAL SERVICES OFFICE. THE CONFLICT OF INTEREST POLICY IS AVAILABLE FOR INSPECTION IN THE FINANCIAL SERVICES OFFICE DURING REGULAR BUSINESS HOURS.</ExplanationTxt>
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          <StateAbbreviationCd>NM</StateAbbreviationCd>
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</Return>