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        <AverageMonthlyCashBalancesAmt>1764513</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>1429321</FMVAllOtherNoncharitableAstAmt>
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        <AdjustedTotalFMVOfUnusedAstAmt>48746568</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>731199</CashDeemedCharitableAmt>
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        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
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        <QualifyingDistributionsAmt>4741245</QualifyingDistributionsAmt>
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        <RemainingDistriFromCorpusAmt>4741245</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>4741245</TotalCorpusAmt>
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          <Year2Amt>2207395</Year2Amt>
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        <Pct85LessorAdjIncmOrMinRetGrp>
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        <QualifyingDistriMadeDrtGrp>
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          <Year3Amt>4060238</Year3Amt>
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          <CurrentYearAmt>1600512</CurrentYearAmt>
          <Year1Amt>1488261</Year1Amt>
          <Year2Amt>1471597</Year2Amt>
          <Year3Amt>1783196</Year3Amt>
          <TotalAmt>6343566</TotalAmt>
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      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <ApplicationSubmissionInfoGrp>
          <FormAndInfoAndMaterialsTxt>GENERAL INFORMATION ABOUT PROJECT</FormAndInfoAndMaterialsTxt>
          <RestrictionsOnAwardsTxt>SCIENTIFIC RESEARCH</RestrictionsOnAwardsTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>UNIVERSITY OF NORTH DAKOTA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>504 HAMLINE ST STOP 9061</AddressLine1Txt>
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          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>VARIOUS</RecipientPersonNm>
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            <StateAbbreviationCd>NY</StateAbbreviationCd>
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          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
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        <TotalGrantOrContriPdDurYrAmt>10600</TotalGrantOrContriPdDurYrAmt>
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      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
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          <ExclusionAmt>230653</ExclusionAmt>
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        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1349644</ExclusionAmt>
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        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>482616</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>2944035</RelatedOrExemptFunctionIncmAmt>
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        <OtherRevenueDescribedGrp>
          <Desc>ROYALTY INCOME</Desc>
          <ExclusionCd>15</ExclusionCd>
          <ExclusionAmt>560750</ExclusionAmt>
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        <OtherRevenueDescribedGrp>
          <Desc>GRANT INCOME</Desc>
          <ExclusionCd>21</ExclusionCd>
          <ExclusionAmt>125000</ExclusionAmt>
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        <OtherRevenueDescribedGrp>
          <Desc>PARTNERSHIP K-1'S</Desc>
          <ExclusionCd>14</ExclusionCd>
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        <SubtotalsIncmProducingActyGrp>
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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>
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      <DepreciationPropertyGrp>
        <PropertyDesc>MACH &amp; EQUIP</PropertyDesc>
        <AcquiredDt>2024-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>121282</CostOrOtherBasisAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>NEW BUILDNG</PropertyDesc>
        <AcquiredDt>2024-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>2270242</CostOrOtherBasisAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>39.0000</LifeRt>
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      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2024-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>438569</CostOrOtherBasisAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>39.0000</LifeRt>
        <CurrentYearExpenseAmt>5154</CurrentYearExpenseAmt>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>SEE SCHEDULE 2</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SEE SCHEDULE 5</BondNm>
        <EOYBookValueAmt>6626321</EOYBookValueAmt>
        <EOYFMVAmt>6423979</EOYFMVAmt>
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    <InvestmentsCorpStockSchedule documentId="RetDoc5">
      <InvestmentsCorporateStockGrp>
        <StockNm>SEE SCHEDULE 1</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SEE SCHEDULE 3</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SEE SCHEDULE 6</StockNm>
        <EOYBookValueAmt>4161239</EOYBookValueAmt>
        <EOYFMVAmt>4272239</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SEE SCHEDULE 4</StockNm>
        <EOYBookValueAmt>21474954</EOYBookValueAmt>
        <EOYFMVAmt>34065266</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>THERAPEUTIC SILICONE TECH., INC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>360000</EOYFMVAmt>
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      <LandEtcGrp>
        <CategoryOrItemTxt>FIXED ASSETS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>6797359</CostOrOtherBasisAmt>
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        <BookValueAmt>1802365</BookValueAmt>
        <EOYFMVAmt>6797359</EOYFMVAmt>
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      <LandEtcGrp>
        <CategoryOrItemTxt>BUILDING</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2270242</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>55786</AccumulatedDepreciationAmt>
        <BookValueAmt>2214456</BookValueAmt>
        <EOYFMVAmt>2270242</EOYFMVAmt>
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      <LandEtcGrp>
        <CategoryOrItemTxt>IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>438569</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>5154</AccumulatedDepreciationAmt>
        <BookValueAmt>433415</BookValueAmt>
        <EOYFMVAmt>438569</EOYFMVAmt>
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      <LegalFeesGrp>
        <CategoryTxt>INDIRECT LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>13577</LegalFeesAmt>
        <DisbursementsCharitablePrpsAmt>13577</DisbursementsCharitablePrpsAmt>
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        <Desc>LOAN &amp; MISC RECEIVABLES</Desc>
        <BOYBookValueAmt>1222890</BOYBookValueAmt>
        <EOYBookValueAmt>512319</EOYBookValueAmt>
        <EOYFMVAmt>512319</EOYFMVAmt>
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      <OtherAssetsScheduleGrp>
        <Desc>EMPLOYEE LOANS</Desc>
        <BOYBookValueAmt>83350</BOYBookValueAmt>
        <EOYBookValueAmt>78250</EOYBookValueAmt>
        <EOYFMVAmt>78250</EOYFMVAmt>
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      <OtherAssetsScheduleGrp>
        <Desc>PREPAID FEDERAL TAX</Desc>
        <BOYBookValueAmt>47984</BOYBookValueAmt>
        <EOYBookValueAmt>63432</EOYBookValueAmt>
        <EOYFMVAmt>63432</EOYFMVAmt>
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      <OtherAssetsScheduleGrp>
        <Desc>WORKS OF ART</Desc>
        <BOYBookValueAmt>6052</BOYBookValueAmt>
        <EOYBookValueAmt>6052</EOYBookValueAmt>
        <EOYFMVAmt>6052</EOYFMVAmt>
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      <OtherAssetsScheduleGrp>
        <Desc>SECURITY DEPOSITS</Desc>
        <BOYBookValueAmt>900</BOYBookValueAmt>
        <EOYBookValueAmt>900</EOYBookValueAmt>
        <EOYFMVAmt>900</EOYFMVAmt>
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        <Desc>FUND BALANCE ADJUSTMENT</Desc>
        <Amt>752199</Amt>
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        <Desc>EXPENSES</Desc>
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      <OtherExpensesScheduleGrp>
        <Desc>AUTO EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>14016</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>14016</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>CLEANING, MAINTENANCE &amp; REPAI</Desc>
        <RevenueAndExpensesPerBooksAmt>108520</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>108520</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>COMPUTER EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>48474</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>48474</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>EQUIPMENT LEASE</Desc>
        <RevenueAndExpensesPerBooksAmt>3849</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>3849</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>GROUNDS &amp; GARDENING</Desc>
        <RevenueAndExpensesPerBooksAmt>41258</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>41258</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>91603</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>91603</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>233390</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>233390</NetInvestmentIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>LABORATORY &amp; BLOOD BANK EXPEN</Desc>
        <RevenueAndExpensesPerBooksAmt>410076</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>410076</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MAINTENANCE CONTRACTS</Desc>
        <RevenueAndExpensesPerBooksAmt>50658</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>50658</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEDICAL WASTE</Desc>
        <RevenueAndExpensesPerBooksAmt>14334</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>14334</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NON DEDUCTIBLE</Desc>
        <RevenueAndExpensesPerBooksAmt>22982</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>22982</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>OFFICE &amp; MISC EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>97586</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>97586</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>OUTSIDE CONTRACTORS</Desc>
        <RevenueAndExpensesPerBooksAmt>95250</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>95250</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>PAYROLL SERVICE FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>4017</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>4017</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE/SHIPPING</Desc>
        <RevenueAndExpensesPerBooksAmt>7709</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>7709</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PROFESSIONAL SERVICES</Desc>
        <RevenueAndExpensesPerBooksAmt>311342</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>311342</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>RETIREMENT PLAN ADMINISTRATIO</Desc>
        <RevenueAndExpensesPerBooksAmt>2200</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>2200</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>SANITATION</Desc>
        <RevenueAndExpensesPerBooksAmt>7584</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>7584</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SECURITY &amp; ALARM</Desc>
        <RevenueAndExpensesPerBooksAmt>1566</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1566</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>UTILITIES &amp; TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>189438</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>189438</DisbursementsCharitablePrpsAmt>
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        <RevenueAndExpensesPerBooksAmt>560750</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>560750</AdjustedNetIncomeAmt>
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      <OtherIncomeDetail>
        <Desc>GRANT INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>125000</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>125000</AdjustedNetIncomeAmt>
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      <OtherIncomeDetail>
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      <TaxesDetail>
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      <TaxesDetail>
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        <DisbursementsCharitablePrpsAmt>25</DisbursementsCharitablePrpsAmt>
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      <TaxesDetail>
        <CategoryTxt>DE SECRETARY OF STATE</CategoryTxt>
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        <DisbursementsCharitablePrpsAmt>300</DisbursementsCharitablePrpsAmt>
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</Return>