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            <AddressLine1Txt>8301 E Prentice Ave Suite 200</AddressLine1Txt>
            <CityNm>Greenwood Village</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80111</ZIPCd>
          </USAddress>
          <TitleTxt>Board member</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Walter Longo MD</PersonNm>
          <USAddress>
            <AddressLine1Txt>8301 E Prentice Ave Suite 200</AddressLine1Txt>
            <CityNm>Greenwood Village</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80111</ZIPCd>
          </USAddress>
          <TitleTxt>Board member</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>Maggie Barton</PersonNm>
          <USAddress>
            <AddressLine1Txt>8301 E Prentice Ave Suite 200</AddressLine1Txt>
            <CityNm>Greenwood Village</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80111</ZIPCd>
          </USAddress>
          <TitleTxt>Employee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>122917</CompensationAmt>
          <EmployeeBenefitsAmt>0</EmployeeBenefitsAmt>
          <ExpenseAccountAmt>0</ExpenseAccountAmt>
        </CompensationHighestPaidEmplGrp>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Sage Advisroy Servies Ltd CO</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>5900 Southwest Parkway Building One</AddressLine1Txt>
            <CityNm>Austin</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78735</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>Investment management and advisory services</ServiceTypeTxt>
          <CompensationAmt>866252</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Domina Law Group PC LLO</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>2425 S 144th St</AddressLine1Txt>
            <CityNm>Omaha</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>681443267</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>Legal</ServiceTypeTxt>
          <CompensationAmt>322790</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Dvorak Law Group LLC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>9500 W Dodge Rd Suite 100</AddressLine1Txt>
            <CityNm>Omaha</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>68114</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>Legal</ServiceTypeTxt>
          <CompensationAmt>240936</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Balanced Path Accounting LLC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>31871 Black Widow Drive</AddressLine1Txt>
            <CityNm>Conifer</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80433</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>Accounting</ServiceTypeTxt>
          <CompensationAmt>110831</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Ascend Partners Topco LP</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>901 N Glebe Road Fl 5th</AddressLine1Txt>
            <CityNm>Arlington</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22203</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>Accounting and consulting services</ServiceTypeTxt>
          <CompensationAmt>100185</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <ContractorPaidOver50kCnt>2</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>The Foundation did not conduct any direct charitable activities during the year. All expenses reported relate to the ordinary and necessary operating and administrative costs of carrying out the grant-making function, including the review, administration, and oversight of grants.</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>The Foundation did not make any program-related investments during the tax year. The foundation does not conduct direct charitable activities and instead furthers its exempt purposes primarily through grants and contributions to qualified charitable organizations.</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>1391998800</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>3473551</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>58451907</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1453924258</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1453924258</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>21808864</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1432115394</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>71605770</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>71605770</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>1050646</TaxBasedOnInvestmentIncomeAmt>
        <IncomeTaxAmt>4860</IncomeTaxAmt>
        <TotalTaxAmt>1055506</TotalTaxAmt>
        <DistributableBeforeAdjAmt>70550264</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>70550264</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>70550264</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>127390815</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>127390815</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>70550264</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>63612870</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>127390815</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>63612870</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>63777945</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>6772319</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>Steve Ryan</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>8301 E Prentice Ave Suite 200</AddressLine1Txt>
            <CityNm>Greenwood Village</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80111</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>4023062965</RecipientPhoneNum>
          <RecipientEmailAddressTxt>steve.p.ryan@ryan.foundation</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>The application should include general background information of the applicant, the amount requested, an the proposed budget of the organization.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>Contact the foundation for information.</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>None.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Schwab Charitable Fund - DAF Account 7454</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1701 Platte St</AddressLine1Txt>
            <CityNm>Denver</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80202</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Foundation members have advisory privleges</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>92723638</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Schwab Charitable Fund - DAF Account 2852</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1701 Platte St</AddressLine1Txt>
            <CityNm>Denver</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80202</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Foundation members have advisory privleges</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>27125973</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Schwab Charitable Fund - DAF Account 2484</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1701 Platte St</AddressLine1Txt>
            <CityNm>Denver</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80202</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Foundation members have advisory privleges</RecipientRelationshipTxt>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>3822362</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Catholic Bishop of Lincoln Inc</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3400 Sheridan Blvd</AddressLine1Txt>
            <CityNm>Lincoln</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>68506</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>1500000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>125171973</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>23041</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>70830008</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <OtherInvestmentIncomeGrp>
          <BusinessCd>900099</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>24057</UnrelatedBusinessTaxblIncmAmt>
        </OtherInvestmentIncomeGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>6475061</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>Other income</Desc>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>5278929</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>State income tax refund</Desc>
          <ExclusionAmt>15915607</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>24057</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>98522646</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>98546703</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>8</LineNumberTxt>
          <RelationshipStatementTxt>The Foundation distributes grants from its investments.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <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>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>Eileen Ryan Trust</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>8301 E Prentice Ave STE 200</AddressLine1Txt>
          <CityNm>Greenwood Village</CityNm>
          <StateAbbreviationCd>CO</StateAbbreviationCd>
          <ZIPCd>80111</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>17601</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>Accounting fees</CategoryTxt>
        <Amt>277193</Amt>
        <NetInvestmentIncomeAmt>207895</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>69298</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="RetDoc2203000001">
      <DepreciationPropertyGrp>
        <PropertyDesc>8301 E. Prentice Avenue</PropertyDesc>
        <AcquiredDt>2024-05-31</AcquiredDt>
        <CostOrOtherBasisAmt>700570</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>10479</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>17963</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>17963</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>Land - 419 Taylor Ave</PropertyDesc>
        <AcquiredDt>2025-09-30</AcquiredDt>
        <CostOrOtherBasisAmt>508841</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <GeneralExplanationAttachment documentId="RetDoc1175200001">
      <GeneralExplanationGrp>
        <FormAndLineReferenceDesc>Form 990-PF, Part II, Line 13</FormAndLineReferenceDesc>
        <MediumExplanationTxt>During the tax year, the organization received a Schedule K-1 from a U.S. partnership that reported indirect ownership interests in one or more Passive Foreign Investment Companies (PFICs) and/or Controlled Foreign Corporations (CFCs).The partnership has represented that it made elections under IRC 1295 (Qualified Electing Fund) or 1296 (Mark-to-Market), as applicable, and that it has complied with the reporting requirements of IRC 1298(f) by filing Form 8621 for each PFIC held.Pursuant to Treas. Reg. 1.1298-1(b)(2)(ii), the organization as an indirect U.S. shareholderis not required to file Form 8621 with respect to these PFIC holdings. The income items reported on Schedule K-1 are considered passive investment income and are not subject to unrelated business income tax (UBIT).In addition, the partnership made an election under Treas. Reg. 1.1411-10(g) with respect to its PFIC/QEF and CFC investments. This election affects the computation of net investment income under IRC 1411 for individual or trust partners only and has no impact on the organization's Form 990 or 990-T reporting, as the organization is exempt from tax under IRC 501(c)(3)In addition, the partnership reported transfers of property to foreign corporations and has represented that it filed Form 926 in accordance with IRC 6038B. The organization was not a direct transferor and, under Treas. Reg. 1.6038B-1(b)(3), is not required to file Form 926 separately.All income reported from this investment represents passive investment activity not subject to unrelated business income tax (UBIT).</MediumExplanationTxt>
      </GeneralExplanationGrp>
    </GeneralExplanationAttachment>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorporateBondsGrp>
        <BondNm>Charles Schwab fixed income</BondNm>
        <EOYBookValueAmt>917635441</EOYBookValueAmt>
        <EOYFMVAmt>917635441</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>Charles Schwab equities</StockNm>
        <EOYBookValueAmt>555096780</EOYBookValueAmt>
        <EOYFMVAmt>555096780</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AG Energy</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1826</BookValueAmt>
        <EOYFMVAmt>1826</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Barings Capital Invst Corp</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1016315</BookValueAmt>
        <EOYFMVAmt>1016315</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Blackstone Real Estate Income</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>5316663</BookValueAmt>
        <EOYFMVAmt>5316663</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Guilford Capital Credit LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1242449</BookValueAmt>
        <EOYFMVAmt>1242449</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>KA Credit Advisors Holding CO</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>308633</BookValueAmt>
        <EOYFMVAmt>308633</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Orion Holdings-Mission related</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>3255991</BookValueAmt>
        <EOYFMVAmt>3255991</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Palmer Square Opporunistic FD</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>990708</BookValueAmt>
        <EOYFMVAmt>990708</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Starwood Real Estate Income</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>2143639</BookValueAmt>
        <EOYFMVAmt>2143639</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="RetDoc2059000001">
      <LandEtcGrp>
        <CategoryOrItemTxt>8301 E. Prentice Avenue</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>700570</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>28442</AccumulatedDepreciationAmt>
        <BookValueAmt>672128</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land - 419 Taylor Ave</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>508841</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>508841</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFeesGrp>
        <CategoryTxt>Legal fees</CategoryTxt>
        <LegalFeesAmt>585947</LegalFeesAmt>
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      <OtherAssetsScheduleGrp>
        <Desc>Prepaid expense</Desc>
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        <EOYBookValueAmt>60772</EOYBookValueAmt>
        <EOYFMVAmt>60772</EOYFMVAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>Dues and subscriptions</Desc>
        <RevenueAndExpensesPerBooksAmt>129654</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>119497</NetInvestmentIncomeAmt>
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        <DisbursementsCharitablePrpsAmt>10157</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>Office expenses</Desc>
        <RevenueAndExpensesPerBooksAmt>48257</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>36194</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>Insurance</Desc>
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        <DisbursementsCharitablePrpsAmt>134</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>Penalties</Desc>
        <RevenueAndExpensesPerBooksAmt>93</RevenueAndExpensesPerBooksAmt>
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        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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        <Desc>Other investment income - KA Credit Advisors</Desc>
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      <OtherIncomeDetail>
        <Desc>State income tax refund</Desc>
        <RevenueAndExpensesPerBooksAmt>15915607</RevenueAndExpensesPerBooksAmt>
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      <OtherIncreasesDetail>
        <Desc>Unrealized gain</Desc>
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      <OtherProfessionalFeesDetail>
        <CategoryTxt>Consulting fees</CategoryTxt>
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        <NetInvestmentIncomeAmt>163478</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>6214</DisbursementsCharitablePrpsAmt>
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      <OtherProfessionalFeesDetail>
        <CategoryTxt>Investment management fees</CategoryTxt>
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        <NetInvestmentIncomeAmt>866522</NetInvestmentIncomeAmt>
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        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <TaxesDetail>
        <CategoryTxt>State income taxes</CategoryTxt>
        <Amt>13636</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Federal income taxes</CategoryTxt>
        <Amt>613228</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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</Return>