﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2024v5.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-04-04T23:16:56-05:00</ReturnTs>
    <TaxPeriodEndDt>2025-11-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Baker Tilly Advisory Group LP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>3 Lagoon Drive Ste 400</AddressLine1Txt>
        <CityNm>Redwood CIty</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>94065</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-12-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>306284988</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>CABIN ROAD FOUNDATION</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>dated April 4 2011</BusinessNameLine2Txt>
      </BusinessName>
      <InCareOfNm>% BAKER TILLY ADVISORY GROUP</InCareOfNm>
      <BusinessNameControlTxt>CABI</BusinessNameControlTxt>
      <PhoneNum>4156504646</PhoneNum>
      <USAddress>
        <AddressLine1Txt>C/O BAKER TILLY 3 LAGOON DR St 400</AddressLine1Txt>
        <CityNm>REDWOOD CITY</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>94065</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ANNE MATTA</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>6503654646</PhoneNum>
      <SignatureDt>2026-02-20</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PTIN>P00305572</PTIN>
      <PhoneNum>6503654646</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>233037670</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>0</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>702927</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>702927</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>3530579</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>3529003</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>684468</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1000696</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>432867</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSch2">110498</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>37643</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>5028472</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>4702440</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSch">146455</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>48818</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>0</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>48819</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OthProfFeesSch">18000</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesDsbrsChrtblAmt>18000</OtherProfFeesDsbrsChrtblAmt>
        <InterestRevAndExpnssAmt>313826</InterestRevAndExpnssAmt>
        <InterestNetInvstIncmAmt>241609</InterestNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">414471</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>1751</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSch">3327975</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>3063934</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>800</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>4220727</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>3356112</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>0</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>67619</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>10000000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>10000000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>14220727</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>3356112</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>0</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>10067619</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-9192255</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>1346328</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>24036353</CashBOYAmt>
        <CashEOYAmt>11679388</CashEOYAmt>
        <CashEOYFMVAmt>11679388</CashEOYFMVAmt>
        <PrepaidExpensesBOYAmt>37002</PrepaidExpensesBOYAmt>
        <PrepaidExpensesEOYAmt>0</PrepaidExpensesEOYAmt>
        <PrepaidExpensesEOYFMVAmt>0</PrepaidExpensesEOYFMVAmt>
        <CorporateStockBOYAmt>63222698</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestCorpStockSch">63222698</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>115271016</CorporateStockEOYFMVAmt>
        <OtherInvestmentsBOYAmt>52548591</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvOtherSch2">64318685</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>106087266</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>139844644</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>139220771</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>233037670</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>139844644</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>139220771</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>139844644</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>139220771</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>139844644</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>139220771</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>139844644</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-9192255</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="OtherIncreasesSch">8568382</OtherIncreasesAmt>
        <SubtotalAmt>139220771</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>139220771</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>STCG - K-1</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>30544</GrossSalesPriceAmt>
          <GainOrLossAmt>30544</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>30544</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>LTCG - K-1</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>770613</GrossSalesPriceAmt>
          <GainOrLossAmt>770613</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>770613</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PLP LTH FUND I QSBS ADDBACK - K-1</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <CostOrOtherBasisAmt>567829</CostOrOtherBasisAmt>
          <GainOrLossAmt>-567829</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-567829</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SECTION 1231 GAIN - K-1</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>146521</GrossSalesPriceAmt>
          <GainOrLossAmt>146521</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>146521</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SECTION 1256 GAIN - K-1</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>53018</GrossSalesPriceAmt>
          <GainOrLossAmt>53018</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>53018</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>432867</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>18714</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>18714</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>18714</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>384164</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <TotalPaymentsAndCreditsAmt>384164</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>365450</OverpaymentAmt>
        <AppliedToESTaxAmt>50000</AppliedToESTaxAmt>
        <RefundAmt>315450</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd referenceDocumentId="BinaryAttach">false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd referenceDocumentId="BinaryAttach">false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>true</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>true</Form990TFiledInd>
        <OrganizationDissolvedEtcInd referenceDocumentId="BinaryAttach">false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>BAKER TILLY ADVISORY GROUP LP</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>6503654646</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>3 LAGOON DR ST 400</AddressLine1Txt>
          <CityNm>REDWOOD CITY</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>94065</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ANNE GROUSBECK MATTA</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O BAKER TILLY 3 LAGOON DRIVE</AddressLine1Txt>
            <CityNm>REDWOOD CITY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94065</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>HORACIO MATTA VELASCO</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O BAKER TILLY 3 LAGOON DRIVE</AddressLine1Txt>
            <CityNm>REDWOOD CITY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94065</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>BAKER TILLY ADVISORY GROUP LP</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>3 LAGOON DRIVE SUITE 400</AddressLine1Txt>
            <CityNm>REDWOOD CITY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94065</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>ACCOUNTING AND TAX</ServiceTypeTxt>
          <CompensationAmt>139462</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp />
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>0</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>16790714</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>238136802</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>254927516</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>254927516</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>3823913</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>251103603</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>12555180</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>12555180</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>18714</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>18714</TotalTaxAmt>
        <DistributableBeforeAdjAmt>12536466</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>12536466</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>12536466</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>10067619</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>10067619</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>12536466</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <PriorYear1Yr>2022</PriorYear1Yr>
        <PriorYear2Yr>2021</PriorYear2Yr>
        <PriorYear3Yr>2020</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr4Amt>25782512</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>6157377</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr1Amt>114916655</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>146856544</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>10067619</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>10067619</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>2468847</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>2468847</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>144387697</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>144387697</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>23313665</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>6157377</ExcessFromYear3Amt>
        <ExcessFromYear1Amt>114916655</ExcessFromYear1Amt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp></PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>ANNE G MATTA TRUSTEE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2995 WOODSIDE ROAD SUITE 400</AddressLine1Txt>
            <CityNm>WOODSIDE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94602</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>6504544731</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>APPLICATIONS SHOULD BE SUBMITTED ELECTRIONICALLY AND INCLUDE PROOF OF IRC 501(C)(3) STATUS. UNSOLICITED GRANT REQUESTS MAY NOT RECEIVE ACKNOWLEDGEMENT.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NO DEADLINE HAVE BEEN ESTABLISHED AT THIS TIME.</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>GRANTS ARE LIMITED TO IRC SECTION 501(C)(3) DEFINED PURPOSE AND CHARITIES.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LELAND STANFORD JUNIOR UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>326 GALVEZ STREET</AddressLine1Txt>
            <CityNm>STANFORD</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94305</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL</GrantOrContributionPurposeTxt>
          <Amt>10000000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>10000000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>702927</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <BusinessCd>525990</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>1576</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>3529003</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncomeGrp />
        <GainSalesAstOthThanInvntryGrp>
          <BusinessCd>525990</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>251601</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>432867</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <OtherRevenueDescribedGrp>
          <Desc>OTHER PASSTHROUGH LOSSES</Desc>
          <BusinessCd>525990</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>55253</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>55245</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>308430</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>4720042</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>5028472</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>146455</Amt>
        <NetInvestmentIncomeAmt>48818</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>48819</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>PRIVATE COMPANY STOCK</StockNm>
        <EOYBookValueAmt>31500000</EOYBookValueAmt>
        <EOYFMVAmt>84500000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PRIVATE COMPANY BOND</StockNm>
        <EOYBookValueAmt>31722698</EOYBookValueAmt>
        <EOYFMVAmt>30771016</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvOtherSch2">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DIVERSIFIED PARTNERSHIPS</CategoryOrItemTxt>
        <BookValueAmt>64318685</BookValueAmt>
        <EOYFMVAmt>106087266</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>ROYALTY</Desc>
        <RevenueAndExpensesPerBooksAmt>1926</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1926</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>59E EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>208383</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>54</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OTHER PORTFOLIO DEDUCTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>507</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>507</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OTHER DEDUCTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>1780767</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1768773</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CONTRIBUTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>493</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>464</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NONDEDUCTIBLE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>17292</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DEPLETION</Desc>
        <RevenueAndExpensesPerBooksAmt>27240</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1643</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>STATE FILING FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>800</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>800</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SEC 743 B</Desc>
        <RevenueAndExpensesPerBooksAmt>1290567</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1290567</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>ORDINARY</Desc>
        <RevenueAndExpensesPerBooksAmt>77553</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-7664</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>RENTAL</Desc>
        <RevenueAndExpensesPerBooksAmt>-44279</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-15513</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>ROYALTIES</Desc>
        <RevenueAndExpensesPerBooksAmt>8699</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>7154</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>OTHER PORTFOLIO</Desc>
        <RevenueAndExpensesPerBooksAmt>17567</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>20310</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>OTHER INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>33356</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>33356</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>TAX EXEMPT INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>17602</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSch">
      <OtherIncreasesDetail>
        <Desc>PRIOR PERIOD ADJUSTMENT - BOOK ONLY</Desc>
        <Amt>8568382</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>AUDIT FEES</CategoryTxt>
        <Amt>18000</Amt>
        <DisbursementsCharitablePrpsAmt>18000</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>12722</Amt>
        <NetInvestmentIncomeAmt>1751</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>STATE TAXES</CategoryTxt>
        <Amt>1749</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES</CategoryTxt>
        <Amt>400000</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>