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          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>GRACE JORGENSEN</PersonName>
          <USAddress>
            <AddressLine1>12 CORPORATE WOODS DRIVE</AddressLine1>
            <City>ALBANY</City>
            <State>NY</State>
            <ZIPCode>12211</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>NANCY R BARHYDT</PersonName>
          <USAddress>
            <AddressLine1>12 CORPORATE WOODS DRIVE</AddressLine1>
            <City>ALBANY</City>
            <State>NY</State>
            <ZIPCode>12211</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>BRADLEY R KONOPASKE</PersonName>
          <USAddress>
            <AddressLine1>12 CORPORATE WOODS DRIVE</AddressLine1>
            <City>ALBANY</City>
            <State>NY</State>
            <ZIPCode>12211</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>LINDA GOWDY</PersonName>
          <USAddress>
            <AddressLine1>12 CORPORATE WOODS DRIVE</AddressLine1>
            <City>ALBANY</City>
            <State>NY</State>
            <ZIPCode>12211</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>DANIEL J HEIM</PersonName>
          <USAddress>
            <AddressLine1>12 CORPORATE WOODS DRIVE</AddressLine1>
            <City>ALBANY</City>
            <State>NY</State>
            <ZIPCode>12211</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy>
        <Description1>REGIONAL AGING FORUMS DESIGNED TO PROVIDE EDUCATIONAL ASSISTANCE TO ORGANIZATIONS AND PROVIDERS OF SENIOR SERVICES, THE FOCUS OF WHICH IS TO IDENTIFY WAYS TO BETTER COORDINATE THEIR DELIVERY METHODS AND SERVICES TO SENIORS.</Description1>
        <Expenses1>251426</Expenses1>
        <Description2>TRAINING AND EDUCATION - NURSING SEMINARS DESIGNED TO PROVIDE EDUCATIONAL ASSISTANCE TO LONG-TERM CARE PROVIDERS IN UPSTATE NEW YORK.</Description2>
        <Expenses2>5526</Expenses2>
        <Description3>PIONEERING AND EARLY INNOVATION, AND TECHNOLOGY PROGRAMS</Description3>
        <Expenses3>21561</Expenses3>
        <Description4>PIONEERING AND EARLY INNOVATION, AND TECHNOLOGY PROGRAMS</Description4>
        <Expenses4>0</Expenses4>
      </SummaryOfDirectCharitableActy>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>13464118</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>11712</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>13475830</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>13475830</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>202137</CashDeemedCharitable>
        <NetNoncharitableAssets>13273693</NetNoncharitableAssets>
        <MinimumInvestmentReturn>663685</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <Sect4942j3j5FndtnAndFrgnOrg>X</Sect4942j3j5FndtnAndFrgnOrg>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>432298</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>432298</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>0</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>432298</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <PrivateOperatingFoundations>
        <DateOfRuling>1996-08-12</DateOfRuling>
        <Section4942j3>X</Section4942j3>
        <LessorAdjNetIncmMinInvstReturn>
          <CurrentYear>265098</CurrentYear>
          <Year1>426826</Year1>
          <Year2>294238</Year2>
          <Year3>319763</Year3>
          <Total>1305925</Total>
        </LessorAdjNetIncmMinInvstReturn>
        <Percent85OfLessor>
          <CurrentYear>225333</CurrentYear>
          <Year1>362802</Year1>
          <Year2>250102</Year2>
          <Year3>271799</Year3>
          <Total>1110036</Total>
        </Percent85OfLessor>
        <QualifyingDistributions>
          <CurrentYear>432298</CurrentYear>
          <Year1>489893</Year1>
          <Year2>454680</Year2>
          <Year3>402418</Year3>
          <Total>1779289</Total>
        </QualifyingDistributions>
        <QlfyDistriNotUsedDirectly>
          <CurrentYear>0</CurrentYear>
          <Year1>0</Year1>
          <Year2>0</Year2>
          <Year3>0</Year3>
          <Total>0</Total>
        </QlfyDistriNotUsedDirectly>
        <QlfyDistriMadeDirectly>
          <CurrentYear>432298</CurrentYear>
          <Year1>489893</Year1>
          <Year2>454680</Year2>
          <Year3>402418</Year3>
          <Total>1779289</Total>
        </QlfyDistriMadeDirectly>
        <TotalAssets>
          <CurrentYear>13739831</CurrentYear>
          <Year1>12870926</Year1>
          <Year2>13683516</Year2>
          <Year3>12612965</Year3>
          <Total>52907238</Total>
        </TotalAssets>
        <TotalAssetsSect4942j3Bi>
          <Total>0</Total>
        </TotalAssetsSect4942j3Bi>
        <TwoThirdsMinInvstReturn>
          <CurrentYear>442457</CurrentYear>
          <Year1>445568</Year1>
          <Year2>422412</Year2>
          <Year3>372277</Year3>
          <Total>1682714</Total>
        </TwoThirdsMinInvstReturn>
        <TotalSupport>
          <Total>0</Total>
        </TotalSupport>
        <PublicSupport>
          <Total>0</Total>
        </PublicSupport>
        <LargestSupportFromEO>
          <Total>0</Total>
        </LargestSupportFromEO>
        <GrossInvestmentIncome>
          <Total>0</Total>
        </GrossInvestmentIncome>
      </PrivateOperatingFoundations>
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <TotGrantOrContriPaidDuringYear>0</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <ProgramServiceRevenuePartVII>
          <Description>PROGRAM FEES</Description>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </ProgramServiceRevenuePartVII>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>74831</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>249273</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>831431</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>0</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>1155535</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>1155535</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
          <LineNumber>1A</LineNumber>
          <RelationshipStatement>COMMUNITY BASED SERVICES AND ACTIVITES THAT WORK TO ASSIST SENIORS IN SUCCESSFUL AGING AND SUPPORT OTHER ORGANIZATIONS THAT PROVIDE LONG-TERM CARE FOR SENIORS.</RelationshipStatement>
        </RlnOfActyToAccomOfExemptPrps>
      </RlnOfActyToAccomOfExemptPrps>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>0</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>0</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>0</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>0</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>0</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>0</ReimbursementArrangements>
        <LoansOrLoanGuarantees>0</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>0</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>0</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>0</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFees>
        <Category>ACCOUNTING</Category>
        <Amount>13840</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>13840</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="RetDoc2203000001">
      <Depreciation>
        <DescriptionOfProperty>FURNITURE &amp; EQUIPMENT</DescriptionOfProperty>
        <DateAcquired>2011-06-30</DateAcquired>
        <CostOrOtherBasis>7897</CostOrOtherBasis>
        <PriorYearsDepreciation>7897</PriorYearsDepreciation>
        <Rate>0.000000000000</Rate>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>FURNITURE &amp; EQUIPMENT</DescriptionOfProperty>
        <DateAcquired>2011-12-31</DateAcquired>
        <CostOrOtherBasis>7520</CostOrOtherBasis>
        <Rate>0.000000000000</Rate>
        <CurrentYearExpense>1074</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>1074</AdjustedNetIncome>
      </Depreciation>
    </DepreciationSchedule>
    <GeneralExplanationAttachment documentId="RetDoc2258700001">
      <GeneralExplanation>
        <Identifier>INVESTMENTS - GOVERNMENT OBLIGATIONS, CORPORATE STOCKS &amp; BONDS</Identifier>
        <ReturnReference>FORM 990-PF, PART II, LINE 10</ReturnReference>
        <Explanation>DUE TO ELECTRONIC FILING REQUIREMENTS, WE ARE UNABLE TO ATTACH THE DETAILED LIST OF EACH SECURITY HELD AT THE END OF THE YEAR. THESE DETAILS ARE AVAILABLE UPON REQUEST.</Explanation>
      </GeneralExplanation>
    </GeneralExplanationAttachment>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorpBonds>
        <NameOfBond>CORPORATE BONDS</NameOfBond>
        <EOYBookValue>1787646</EOYBookValue>
        <EOYFMV>1787646</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>CORPORATE STOCK</NameOfStock>
        <EOYBookValue>7659583</EOYBookValue>
        <EOYFMV>7659583</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="RetDoc2210400001">
      <USGovtSecuritiesEOYBookValue>2619845</USGovtSecuritiesEOYBookValue>
      <USGovtSecuritiesEOYFMV>2619845</USGovtSecuritiesEOYFMV>
      <StateLocalSecuritiesEOYBookVal>0</StateLocalSecuritiesEOYBookVal>
      <StateLocalSecuritiesEOYFMV>0</StateLocalSecuritiesEOYFMV>
    </InvestmentsGovtObligationsSch>
    <LandEtcSchedule2 documentId="RetDoc2059000001">
      <LandEtc>
        <CategoryOrItem>EQUIPMENT</CategoryOrItem>
        <CostOrOtherBasis>15417</CostOrOtherBasis>
        <AccumulatedDepreciation>8971</AccumulatedDepreciation>
        <BookValue>6446</BookValue>
        <EOYFMV>6446</EOYFMV>
      </LandEtc>
    </LandEtcSchedule2>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssets>
        <Description>ACCRUED INTEREST &amp; DIVIDENDS</Description>
        <BOYBookValue>23735</BOYBookValue>
        <EOYBookValue>37647</EOYBookValue>
        <EOYFMV>37647</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>OFFICE EXPENSE</Description>
        <RevenueAndExpensesPerBooks>20927</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>20927</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>POSTAGE</Description>
        <RevenueAndExpensesPerBooks>5172</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>5172</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>TELEPHONE</Description>
        <RevenueAndExpensesPerBooks>3512</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>3512</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>CONTRACTED SERVICES</Description>
        <RevenueAndExpensesPerBooks>8453</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>8453</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INSURANCE</Description>
        <RevenueAndExpensesPerBooks>6730</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>6730</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>PROGRAM EXPENSES</Description>
        <RevenueAndExpensesPerBooks>116672</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>116672</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>REPAIRS</Description>
        <RevenueAndExpensesPerBooks>728</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>728</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>DUES &amp; SUBSCRIPTIONS</Description>
        <RevenueAndExpensesPerBooks>2318</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>2318</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc2049700001">
      <OtherIncreases>
        <Description>UNREALIZED GAIN ON INVESTMENTS</Description>
        <Amount>202679</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilities>
        <Description>DEFERRED COMPENSATION PAYABLE</Description>
        <BOYBookValue>117623</BOYBookValue>
        <EOYBookValue>149998</EOYBookValue>
      </OtherLiabilities>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFees>
        <Category>INVESTMENT FEES</Category>
        <Amount>57932</Amount>
        <NetInvestmentIncome>57932</NetInvestmentIncome>
        <AdjustedNetIncome>57932</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>PAYROLL TAXES</Category>
        <Amount>13925</Amount>
        <NetInvestmentIncome>1669</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>12256</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>