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        <Desc>RESEARCH - AT THE PORTULANS INSTITUTE, OUR RESEARCH PROJECTS PRIMARILY FOCUS ON CONDUCTING TECHNICAL ANALYSES GROUNDED IN DATA DERIVED FROM COMPREHENSIVE INSTRUMENTS SUCH AS THE NETWORK READINESS INDEX (NRI) AND THE GLOBAL INNOVATION INDEX (GII), AMONG OTHER COMPOSITE INDICATORS. THESE INITIATIVES ENABLE US TO METICULOUSLY EXAMINE THE INTERPLAY BETWEEN TECHNOLOGY, INNOVATION, AND HUMAN CAPITAL. LEVERAGING OUR SPECIALIZED EXPERTISE IN THESE DOMAINS, WE FORMULATE INSIGHTFUL POLICY ANALYSES AND CRAFT STRATEGIC RECOMMENDATIONS. OUR GOAL IS TO FOSTER INFORMED POLICYMAKING THAT CAN EFFECTIVELY CAPITALIZE ON THE OPPORTUNITIES PRESENTED BY TECHNOLOGICAL ADVANCEMENTS AND INNOVATION DYNAMICS. THESE EFFORTS ARE INSTRUMENTAL IN GUIDING STAKEHOLDERS AT VARIOUS LEVELS TO ACHIEVE ENHANCED ECONOMIC AND SOCIAL OUTCOMES.</Desc>
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        <ManagementAndGeneralAmt>689</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>1000</TotalAmt>
        <ProgramServicesAmt>300</ProgramServicesAmt>
        <ManagementAndGeneralAmt>500</ManagementAndGeneralAmt>
        <FundraisingAmt>200</FundraisingAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>379530</TotalAmt>
        <ProgramServicesAmt>263322</ProgramServicesAmt>
        <ManagementAndGeneralAmt>91608</ManagementAndGeneralAmt>
        <FundraisingAmt>24600</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>171019</BOYAmt>
        <EOYAmt>35536</EOYAmt>
      </CashNonInterestBearingGrp>
      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>1295</BOYAmt>
        <EOYAmt>0</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <IntangibleAssetsGrp>
        <BOYAmt>22866</BOYAmt>
        <EOYAmt>22866</EOYAmt>
      </IntangibleAssetsGrp>
      <TotalAssetsGrp>
        <BOYAmt>195180</BOYAmt>
        <EOYAmt>58402</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>17455</BOYAmt>
        <EOYAmt>38015</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>17455</BOYAmt>
        <EOYAmt>38015</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>177725</BOYAmt>
        <EOYAmt>20387</EOYAmt>
      </NoDonorRestrictionNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>177725</BOYAmt>
        <EOYAmt>20387</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>195180</BOYAmt>
        <EOYAmt>58402</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>-157338</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>0</FSAuditedInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>100000</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>310000</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>195500</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>385000</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>218192</CurrentTaxYearAmt>
        <TotalAmt>1208692</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>100000</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>310000</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>195500</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>385000</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>218192</CurrentTaxYearAmt>
        <TotalAmt>1208692</TotalAmt>
      </TotalCalendarYear170Grp>
      <SubstantialContributorsTotAmt>898612</SubstantialContributorsTotAmt>
      <PublicSupportTotal170Amt>310080</PublicSupportTotal170Amt>
      <TotalSupportAmt>1208692</TotalSupportAmt>
      <GrossReceiptsRltdActivitiesAmt>5978</GrossReceiptsRltdActivitiesAmt>
      <First5Years170Ind>X</First5Years170Ind>
      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>SCH. A, PART III, 2019 COLUMN:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE 2019 COLUMN ON SCHEDULE A, PART II REPRESENTS THE SHORT TAX YEAR BEGINNING NOVEMBER 1, 2019 AND ENDING DECEMBER 31, 2019.</ExplanationTxt>
      </Form990ScheduleAPartVIGrp>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART III, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION UNDERTOOK THE NEW RESEARCH PROGRAM.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF DIRECTORS DECIDES AND AGREES BY MAJORITY VOTE TO THE COMPENSATION OF THE CEO ON AN ANNUAL BASIS BASES THE DECISION ON BEST PRACTICES AND COMPARABLE DATA.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>FELLOWS: PROGRAM SERVICE EXPENSES 5,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,000. REPORT DESIGN: PROGRAM SERVICE EXPENSES 5,353. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,353. SITE DEVELOPMENT: PROGRAM SERVICE EXPENSES 9,964. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,964. CONSULTANTS: PROGRAM SERVICE EXPENSES 152,625. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 152,625. FREELANCERS: PROGRAM SERVICE EXPENSES 2,635. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,635.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
