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            <BusinessNameLine1Txt>COMMON GROUND INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>67 TAYLOR AVENUE</AddressLine1Txt>
            <CityNm>MANASQUAN</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08736</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>ASSIST IN PURCHASE OF ADJACENT BLDG</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CORNERSTONE FAMILY PROGRAMS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>12 FLAGLER STREET</AddressLine1Txt>
            <CityNm>MORRISTOWN</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07960</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SECURITY EQUIP., LIGHTS, CEMENT BARR</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MORRISTOWN MEDICAL HEALTH FOUND</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1956</AddressLine1Txt>
            <CityNm>MORRISTOWN</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07962</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>FETAL DIAGNOSTIC &amp; TREATMENT CTR</GrantOrContributionPurposeTxt>
          <Amt>250000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OASIS - A HEAVEN FOR WOMEN AND CHIL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>59 MILL ST</AddressLine1Txt>
            <CityNm>PATERSON</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07501</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>REPLACE CARPET - NURTURING CNTR</GrantOrContributionPurposeTxt>
          <Amt>6857</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OVERLOOK HOSPITAL FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>36 UPPER OVERLOOK ROAD</AddressLine1Txt>
            <CityNm>SUMMIT</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07901</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>CONSTRUCTION OF CHILDREN'S CENTER</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OVERLOOK HOSPITAL FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>36 UPPER OVERLOOK ROAD</AddressLine1Txt>
            <CityNm>SUMMIT</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07901</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>CONSTRUCTION OF CHILDREN'S CENTER</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>REED FOUNDATION FOR AUTISM INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>25 POTASH ROAD</AddressLine1Txt>
            <CityNm>OAKLAND</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07436</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SPECIALIZED OUTDOOR PLAYGROUND</GrantOrContributionPurposeTxt>
          <Amt>70000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAINT PETER'S FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>254 EASTON AVENUE</AddressLine1Txt>
            <CityNm>NEW BRUNSWICK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08901</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>RENOVATION/EXPANSION OF PICU</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1136857</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MORRISTOWN MEDICAL HEALTH FOUND</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1956</AddressLine1Txt>
            <CityNm>MORRISTOWN</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07962</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>FETAL DIAGNOSTIC &amp; TREATMENT CTR</GrantOrContributionPurposeTxt>
          <Amt>250000</Amt>
        </GrantOrContriApprvForFutGrp>
        <TotalGrantOrContriApprvFutAmt>250000</TotalGrantOrContriApprvFutAmt>
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          <RelatedOrExemptFunctionIncmAmt>231116</RelatedOrExemptFunctionIncmAmt>
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        <OtherInvestmentIncomeGrp>
          <RelatedOrExemptFunctionIncmAmt>72734</RelatedOrExemptFunctionIncmAmt>
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        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>1102360</RelatedOrExemptFunctionIncmAmt>
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          <RelatedOrExemptFunctionIncmAmt>1482419</RelatedOrExemptFunctionIncmAmt>
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        <TotalIncomeProducingActyAmt>1482419</TotalIncomeProducingActyAmt>
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      <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="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING &amp; TAX PREP</CategoryTxt>
        <Amt>13796</Amt>
        <NetInvestmentIncomeAmt>9958</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3838</DisbursementsCharitablePrpsAmt>
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        <AssetDesc>JP MORGAN SECURITIES X0672</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <GrossSalesPriceAmt>420900</GrossSalesPriceAmt>
        <BasisAmt>350000</BasisAmt>
        <TotalNetAmt>70900</TotalNetAmt>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>CORPORATE BONDS</BondNm>
        <EOYBookValueAmt>190801</EOYBookValueAmt>
        <EOYFMVAmt>190801</EOYFMVAmt>
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    <InvestmentsCorpStockSchedule documentId="RetDoc5">
      <InvestmentsCorporateStockGrp>
        <StockNm>ETFS &amp; CEFS</StockNm>
        <EOYBookValueAmt>1886119</EOYBookValueAmt>
        <EOYFMVAmt>1886119</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>STOCKS</StockNm>
        <EOYBookValueAmt>23464224</EOYBookValueAmt>
        <EOYFMVAmt>23464224</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ALTERNATIVE ASSETS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>194402</BookValueAmt>
        <EOYFMVAmt>194402</EOYFMVAmt>
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      <OtherAssetsScheduleGrp>
        <Desc>ACCRUED DIVIDENDS &amp; INTEREST</Desc>
        <BOYBookValueAmt>11879</BOYBookValueAmt>
        <EOYBookValueAmt>12374</EOYBookValueAmt>
        <EOYFMVAmt>12374</EOYFMVAmt>
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      <OtherAssetsScheduleGrp>
        <Desc>PREPAID EXPENSE - EXCISE TAX</Desc>
        <BOYBookValueAmt>17359</BOYBookValueAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
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      <OtherExpensesScheduleGrp>
        <Desc>ADVERTISING EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>7350</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3749</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3601</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>DUES &amp; SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>777</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>389</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>388</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>1066</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>533</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>533</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEALS AND ENTERTAINMENT</Desc>
        <RevenueAndExpensesPerBooksAmt>1250</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>625</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>625</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PAYROLL PROCESSING FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>1152</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>576</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>576</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
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    <OtherIncomeSchedule2 documentId="RetDoc11">
      <OtherIncomeDetail>
        <Desc>JP MORGAN SECURITIES X0672</Desc>
        <RevenueAndExpensesPerBooksAmt>72734</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>72734</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>72734</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
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        <Desc>CHANGE IN UNREALIZED GAIN /LOSS</Desc>
        <Amt>2622791</Amt>
      </OtherIncreasesDetail>
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    <OtherLiabilitiesSchedule documentId="RetDoc12">
      <OtherLiabilitiesDetail>
        <Desc>DIRECTOR'S FEES PAYABLE</Desc>
        <BOYBookValueAmt>29481</BOYBookValueAmt>
        <EOYBookValueAmt>27249</EOYBookValueAmt>
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    <OtherProfessionalFeesSchedule documentId="RetDoc13">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ADVISOR FEES</CategoryTxt>
        <Amt>154313</Amt>
        <NetInvestmentIncomeAmt>154313</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
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    <TaxesSchedule documentId="RetDoc14">
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAXES</CategoryTxt>
        <Amt>17359</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES PAID</CategoryTxt>
        <Amt>1015</Amt>
        <NetInvestmentIncomeAmt>1015</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>