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        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>206604</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>1100806</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>139901</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>259885</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>323621</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>31861</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>345538</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <ContributingManagerNm>JOHN F GRIFFIN</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>NAMUGANGO FUND FOR SPECIAL CHILDREN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>255 RIVER STREET</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02126</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>INTERNATIONAL RELIEF</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>ARCHBISHOP CARROLL HIGH SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4300 HAREWOOD ROAD NE</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20017</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION EMPLOYEE RECOGNITION</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>SO OTHERS MIGHT EAT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>71 O STREET NW</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20001</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EMPLOYEE RECOGNITION</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>MARINE CORP SCHOLARSHIP FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>909 N WASHINGTON STREET SUITE 400</AddressLine1>
            <City>ALEXANDRIA</City>
            <State>VA</State>
            <ZIPCode>22314</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>INITIATIVE FOR INDEPENDENT SCHOOLING - PUERTO RICO</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1>PO BOX 5968 PMB 311</AddressLine1>
            <ProvinceOrState>AGUADILLA 00605</ProvinceOrState>
            <Country>RQ</Country>
          </RecipientForeignAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>HD BUZZ</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1>90 WEST STAND APARTMENTS</AddressLine1>
            <City>highbury stadium square</City>
            <ProvinceOrState>LONDON N5 1FH</ProvinceOrState>
            <Country>UK</Country>
          </RecipientForeignAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION/ TRAINING</GrantOrContributionPurposeTxt>
          <Amt>41575</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>WASHINGTON METRO AREA CHAPTER HDSA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5221 FRANCONIA ROAD STUITE 10851</AddressLine1>
            <City>ALEXANDRIA</City>
            <State>VA</State>
            <ZIPCode>22310</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION AND TRAINING</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>CATHOLIC CHARITIES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>924 G STREET NW</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20001</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PRISON OUTREACH</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>CATHOLIC RELIEF SERVICES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 17526</AddressLine1>
            <City>BALTIMORE</City>
            <State>MD</State>
            <ZIPCode>21298</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>INTERNATIONAL RELIEF</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>CENTER CITY PUBLIC CHARTER SCHOOLS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>7 NEW YORK AVE NE SUITE 300</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20002</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>192000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>HUNTINGTON DISEASE YOUTH ORGANIZATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1>116 YEWDALE CRESCENT</AddressLine1>
            <City>COVENTRY CV2 2FT</City>
            <Country>UK</Country>
          </RecipientForeignAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>40425</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>GEORGETOWN UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3300 WHITEHAVEN STREET NW - STE 40</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20007</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>MEDICAL EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>NC-CCHD</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 10941</AddressLine1>
            <City>RALEIGH</City>
            <State>NC</State>
            <ZIPCode>27605</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>12100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>BOSTON MEDICAL CENTER - SPARK CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>255 RIVER ST</AddressLine1>
            <City>MATTAPAN</City>
            <State>MA</State>
            <ZIPCode>02126</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHILDREN'S MEDICAL CARE</GrantOrContributionPurposeTxt>
          <Amt>42794</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIVERSITY OF MARYLAND SCHOOL OF MEDICINE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>31 S GREENE STREET 3RD FLOOR</AddressLine1>
            <City>BALITMORE</City>
            <State>MD</State>
            <ZIPCode>21201</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>MEDICAL CARE</GrantOrContributionPurposeTxt>
          <Amt>16500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIVERSITY OF ROCHESTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2604 ELMWOOD AVENUE SUITE 335</AddressLine1>
            <City>ROCHESTER</City>
            <State>NY</State>
            <ZIPCode>14618</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>8245</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>735139</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>555181</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>-36446</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>518735</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>518735</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>4722</Amt>
        <NetInvestmentIncomeAmt>2361</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2361</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <ExpenditureResponsibilityStmt documentId="ExpdturResponbltStmt">
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1>HD BUZZ</BusinessNameLine1>
        </BusinessName>
        <ForeignAddress>
          <AddressLine1>90 West Stand apartments</AddressLine1>
          <City>Highbury Stadium Square</City>
          <ProvinceOrState>LONDON n5 1fh</ProvinceOrState>
          <Country>UK</Country>
        </ForeignAddress>
        <GrantDt>2013-12-31</GrantDt>
        <GrantAmt>41575</GrantAmt>
        <PurposeOfGrantTxt>Operations, Technology</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>41575</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>Various</DatesOfReportsByGranteeTxt>
        <VerificationDt>2013-12-31</VerificationDt>
        <ResultsOfVerificationTxt>HDBUZZ confirmed reciept of grant in 2013.</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1>HDYO</BusinessNameLine1>
        </BusinessName>
        <ForeignAddress>
          <AddressLine1>116 YEWDALE CRESCENT</AddressLine1>
          <City>COVENTRY</City>
          <Country>UK</Country>
          <PostalCode>CV2 2FT</PostalCode>
        </ForeignAddress>
        <GrantDt>2013-12-31</GrantDt>
        <GrantAmt>40425</GrantAmt>
        <PurposeOfGrantTxt>GENERAL SUPPORT</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>40425</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>VARIOUS</DatesOfReportsByGranteeTxt>
        <VerificationDt>2013-12-31</VerificationDt>
        <ResultsOfVerificationTxt>HDYO confirmed reciept of grant in 2013.</ResultsOfVerificationTxt>
      </ExpenditureResponsibilityGrp>
    </ExpenditureResponsibilityStmt>
    <GeneralExplanationAttachment documentId="GeneralExplAttach">
      <GeneralExplanationGrp>
        <IdentifierTxt>REIMBURSEMENT OF EXPENSES</IdentifierTxt>
        <FormAndLineReferenceDesc>FORM 990PF, PART VII-B, LINE 1A(4):</FormAndLineReferenceDesc>
        <MediumExplanationTxt>THE FOUNDATION REIMBURSES BOARD MEMBERS AND OFFICERS FOR FOUNDATION EXPENSES UNDER AN ACCOUNTABLE PLAN. THE REIMBURSEMENTS MEET THE EXCEPTION TO SELF-DEALING OUTLINED IN IRC REGULATIONS 53.4941(D)-3 (C) (1). THE EXPENSES ARE MINIMAL, AND NECESSARY TO CARRY OUT THE EXEMPT PURPOSE OF THE PRIVATE FOUNDATION.</MediumExplanationTxt>
      </GeneralExplanationGrp>
    </GeneralExplanationAttachment>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>TIFF MULT-ASSET FUND</StockNm>
        <EOYBookValueAmt>4076341</EOYBookValueAmt>
        <EOYFMVAmt>4364522</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PIMCO ALL ASSET ALL AUTH</StockNm>
        <EOYBookValueAmt>357782</EOYBookValueAmt>
        <EOYFMVAmt>332517</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PIMCO ALL ASSET</StockNm>
        <EOYBookValueAmt>346450</EOYBookValueAmt>
        <EOYFMVAmt>347302</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BLACKROCK GLOBAL</StockNm>
        <EOYBookValueAmt>1361340</EOYBookValueAmt>
        <EOYFMVAmt>1622696</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WELLS FARGO ABSOLUTE RETURN</StockNm>
        <EOYBookValueAmt>86554</EOYBookValueAmt>
        <EOYFMVAmt>90073</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="InvGovtObligSch">
      <USGovtObligationsBookVlEOYAmt>801602</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>815592</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <InvestmentsLandSchedule2 documentId="InvLandSch2" />
    <LandEtcSchedule2 documentId="LandEtcSch2" />
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>LICENSES AND PERMITS</Desc>
        <RevenueAndExpensesPerBooksAmt>70</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>70</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DUES &amp; SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>1093</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1093</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK SERVICE CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>30</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>30</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS</Desc>
        <RevenueAndExpensesPerBooksAmt>182</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>182</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAXES</CategoryTxt>
        <Amt>7500</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>