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        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
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          <PersonNm>GRAEME FREEMAN</PersonNm>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DAVID R STACK</PersonNm>
          <USAddress>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GEORGE S TSANDIKOS</PersonNm>
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            <AddressLine1Txt>C/O ROCK CO 45 ROCKEFELLER PLZ 5TH</AddressLine1Txt>
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          <TitleTxt>TRUSTEE</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SHEREEN GOTO</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O FREEMAN FOUNDATION 1601 EAST</AddressLine1Txt>
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            <StateAbbreviationCd>HI</StateAbbreviationCd>
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          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JUEFEI WANG</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O FREEMAN FOUNDATION 1601 EAST</AddressLine1Txt>
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          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ALEC FREEMAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O FREEMAN FOUNDATION 1601 EAST</AddressLine1Txt>
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            <StateAbbreviationCd>HI</StateAbbreviationCd>
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          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROBIN SATO</PersonNm>
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            <AddressLine1Txt>C/O FREEMAN FOUNDATION 1601 EAST</AddressLine1Txt>
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            <StateAbbreviationCd>HI</StateAbbreviationCd>
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          <TitleTxt>DIRECTOR</TitleTxt>
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        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>RFS OPCO LLC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>45 ROCKEFELLER PLAZA 5TH FLOOR</AddressLine1Txt>
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            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10111</ZIPCd>
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          <ServiceTypeTxt>INV,ACCOUNTING, TAX</ServiceTypeTxt>
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        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
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      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
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      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>408277784</AverageMonthlyFMVOfSecAmt>
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      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>21031755</MinimumInvestmentReturnAmt>
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        <DistributableBeforeAdjAmt>20486973</DistributableBeforeAdjAmt>
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        <DistributableBeforeDedAmt>20486973</DistributableBeforeDedAmt>
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        <DistributableAsAdjustedAmt>20486973</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
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        <QualifyingDistributionsAmt>21056242</QualifyingDistributionsAmt>
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      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>20486973</DistributableAsAdjustedAmt>
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        <QualifyingDistributionsAmt>21056242</QualifyingDistributionsAmt>
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      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>THE FREEMAN FOUNDATION</RecipientPersonNm>
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          <FormAndInfoAndMaterialsTxt>COVER LETTER WITH PERTINENT INFORMATION REQUESTED IN ANNUAL REPORT</FormAndInfoAndMaterialsTxt>
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        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
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            <BusinessNameLine1Txt>AMERICAN RED CROSS - HAWAII CHAPTER</BusinessNameLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>APPALACHIAN STATE UNIVERSITY FOUNDATION</BusinessNameLine1Txt>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ASIA INSTITUTE - CRANE HOUSE</BusinessNameLine1Txt>
          </RecipientBusinessName>
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            <CityNm>LOUISVILLE</CityNm>
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          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ASIA SOCIETY TEXAS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
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            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BLAKEMORE FOUNDATION</BusinessNameLine1Txt>
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            <AddressLine1Txt>14020 SE 13TH PLACE APT 105</AddressLine1Txt>
            <CityNm>BELLEVUE</CityNm>
            <StateAbbreviationCd>WA</StateAbbreviationCd>
            <ZIPCd>980075555</ZIPCd>
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          <RecipientFoundationStatusTxt>PF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BUFFALO NATIONS GRASSLANDS ALLIANCE</BusinessNameLine1Txt>
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            <AddressLine1Txt>PO BOX 71</AddressLine1Txt>
            <CityNm>LOWER BRULE</CityNm>
            <StateAbbreviationCd>SD</StateAbbreviationCd>
            <ZIPCd>57548</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CFES BRILLIANT PATHWAYS</BusinessNameLine1Txt>
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            <AddressLine1Txt>2303 MAIN STREET PO BOX 247</AddressLine1Txt>
            <CityNm>ESSEX</CityNm>
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            <ZIPCd>129360247</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHAMPLAIN COLLEGE</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 670</AddressLine1Txt>
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            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05402</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COLLEGE OF WILLIAM AND MARY FOUNDATION</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>5300 DISCOVERY PARK BOULEVARD THIRD</AddressLine1Txt>
            <AddressLine2Txt>FLOOR</AddressLine2Txt>
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            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>23188</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COLUMBIA UNIV WEATHERHEAD EAST ASIAN INST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>420 WEST 118TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10027</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>510785</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DAVIDSON COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>102 NORTH MAIN STREET</AddressLine1Txt>
            <CityNm>DAVIDSON</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28036</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DREXEL UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3141 CHESTNUT STREET</AddressLine1Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>191042875</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EARLHAM COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>801 NATIONAL ROAD WEST</AddressLine1Txt>
            <CityNm>RICHMOND</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>47374</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>70000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EAST-WEST CENTER FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1601 EAST-WEST ROAD</AddressLine1Txt>
            <CityNm>HONOLULU</CityNm>
            <StateAbbreviationCd>HI</StateAbbreviationCd>
            <ZIPCd>968481601</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>276150</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ENDICOTT COLLEGE</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>376 HALE STREET</AddressLine1Txt>
            <CityNm>BEVERLY</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>01915</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>47000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FIRST NATIONS DEVELOPMENT INSTITUTE</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>2432 MAIN ST STE 200</AddressLine1Txt>
            <CityNm>LONGMONT</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80501</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FIVE COLLEGES INCORPORATED</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>36 KING STREET</AddressLine1Txt>
            <CityNm>NORTHAMPTON</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>01060</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>479003</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FLORIDA INTERNATIONAL UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>UNIVERSITY PARK DM 363</AddressLine1Txt>
            <CityNm>MIAMI</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33199</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>11440</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FURMAN UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3300 POINTSETT HIGHWAY</AddressLine1Txt>
            <CityNm>GREENSVILLE</CityNm>
            <StateAbbreviationCd>SC</StateAbbreviationCd>
            <ZIPCd>296136483</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>74000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>58 EDGEWOOD AVE NE FL 3</AddressLine1Txt>
            <CityNm>ATLANTA</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30303</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>17959</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HAWAII COMMUNITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>827 FORT STREET MALL</AddressLine1Txt>
            <CityNm>HONOLULU</CityNm>
            <StateAbbreviationCd>HI</StateAbbreviationCd>
            <ZIPCd>96813</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2800000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HIMALAYAN CATARACT PROJECT INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 55</AddressLine1Txt>
            <CityNm>WATERBURY</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05676</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HISTORIC HAWAII FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>680 IWILEI ROAD SUITE 690</AddressLine1Txt>
            <CityNm>HONOLULU</CityNm>
            <StateAbbreviationCd>HI</StateAbbreviationCd>
            <ZIPCd>96817</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>233100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>INSTITUTE OF INTERNATIONAL EDUCATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>809 UNITED NATIONS PLAZA 9TH FLOOR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10017</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1330000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>INTERNATIONAL STUDENT CONFERENCES INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1150 18TH STREET NW SUITE LL2</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20036</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JAPAN-AMERICA SOCIETY OF HAWAII</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1412</AddressLine1Txt>
            <CityNm>HONOLULU</CityNm>
            <StateAbbreviationCd>HI</StateAbbreviationCd>
            <ZIPCd>968061412</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>70500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JAPAN-AMERICA SOCIETY OF OREGON</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>312 NW SECOND AVENUE</AddressLine1Txt>
            <CityNm>PORTLAND</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97209</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JAPANESE CULTURAL CENTER OF HAWAII</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2454 SOUTH BERETANIA STREET</AddressLine1Txt>
            <CityNm>HONOLULU</CityNm>
            <StateAbbreviationCd>HI</StateAbbreviationCd>
            <ZIPCd>96826</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>KUPU</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>677 ALA MOANA BLVD SUITE 1200</AddressLine1Txt>
            <CityNm>HONOLULU</CityNm>
            <StateAbbreviationCd>HI</StateAbbreviationCd>
            <ZIPCd>96813</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>300000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MAG AMERICA INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1776 K STREET NW SUITE 700</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20006</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MIDDLEBURY INSTITUTE OF INTERNATIONAL STUDIES AT MONTEREY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>460 PIERCE STREET</AddressLine1Txt>
            <CityNm>MONTEREY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93940</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>70000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NATIONAL ASSOCIATION OF JAPAN-AMERICA SOCIETIES INCORPORATED</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>733 FIFTEENTH STREET NW SUITE 700</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20005</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>705000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PACIFIC AND ASIAN AFFAIRS COUNCIL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1601 EAST-WEST ROAD - 4TH FLOOR</AddressLine1Txt>
            <CityNm>HONOLULU</CityNm>
            <StateAbbreviationCd>HI</StateAbbreviationCd>
            <ZIPCd>968481601</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PRESERVATION TRUST OF VERMONT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>104 CHURCH STREET</AddressLine1Txt>
            <CityNm>BURLINGTON</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05401</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>306100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PUNAHOU SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1601 PUNAHOU STREET</AddressLine1Txt>
            <CityNm>HONOLULU</CityNm>
            <StateAbbreviationCd>HI</StateAbbreviationCd>
            <ZIPCd>96822</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAINT MICHAEL'S COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>ONE WINOOSKI PARK BOX 1</AddressLine1Txt>
            <CityNm>COLCHESTER</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05439</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>75000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAVE THE CHILDREN FEDERATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1101 14TH STREET NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20005</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SHELBURNE FARMS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1611 HARBOR ROAD</AddressLine1Txt>
            <CityNm>SHELBURNE</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05482</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>250000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SPICESTANFORD UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6109 YEADON WAY ENCINA HALL E016</AddressLine1Txt>
            <CityNm>SAN JOSE</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95119</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ST LAWRENCE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>23 ROMODA DRIVE</AddressLine1Txt>
            <CityNm>CANTON</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>13617</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>62000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>STANFORD UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>459 LAGUNITA DR STE 7</AddressLine1Txt>
            <CityNm>STANFORD</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94305</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS CHRISTIAN UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>TCU BOX 297023</AddressLine1Txt>
            <CityNm>FORTH WORTH</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76129</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>27600</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE CENTER FOR AN AGRICULTURAL ECONOMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 422</AddressLine1Txt>
            <CityNm>HARDWICK</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05843</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>300000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE TRUSTEES OF PRINCETON UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5 NEW SOUTH BUILDING</AddressLine1Txt>
            <CityNm>PRINCETON</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08544</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TRUSTEES OF INDIANA UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 78000</AddressLine1Txt>
            <CityNm>DETROIT</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>482780867</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>180000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3451 WALNUT STREET SUITE 305</AddressLine1Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19104</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TUCSON REFUGEE MINISTRY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>631 N SECOND AVENUE</AddressLine1Txt>
            <CityNm>TUCSON</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85705</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>175000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNITED STATES-INDONESIA SOCIETY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1625 MASSACHUSETTS AVENUE NW SUITE</AddressLine1Txt>
            <AddressLine2Txt>550</AddressLine2Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20036</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>40500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNITED STATES-JAPAN BRIDGING FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1201-15TH TREET NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20005</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF CALIFORNIA - SANTA BARBARA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5221 CHEADLE HALL</AddressLine1Txt>
            <CityNm>SANTA BARBARA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>93106</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>46000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF CENTRAL ARKANSAS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>MCCASTLAIN HALL 002 201 DONAGHEY</AddressLine1Txt>
            <AddressLine2Txt>AVE</AddressLine2Txt>
            <CityNm>CONWAY</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>72035</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>16499</Amt>
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        <GrantOrContributionPdDurYrGrp>
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            <BusinessNameLine1Txt>UNIVERSITY OF COLORADO FOUNDATION</BusinessNameLine1Txt>
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            <StateAbbreviationCd>CO</StateAbbreviationCd>
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        <GrantOrContributionPdDurYrGrp>
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            <AddressLine1Txt>4400 WESLEY W POSVAR HALL</AddressLine1Txt>
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            <ZIPCd>15260</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <Amt>556182</Amt>
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          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF SOUTH CAROLINA</BusinessNameLine1Txt>
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            <AddressLine1Txt>147 GAMBRELL HALL</AddressLine1Txt>
            <CityNm>COLUMBIA</CityNm>
            <StateAbbreviationCd>SC</StateAbbreviationCd>
            <ZIPCd>29208</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF SOUTHERN CALIFORNIA</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>3710 MCCLINTOCK AVENUE RTH 502</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>900894019</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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            <BusinessNameLine1Txt>UNIVERSITY OF TENNESSEE AT CHATTANOOGA</BusinessNameLine1Txt>
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            <AddressLine1Txt>150B PATTEN CHAPEL DEPT 4154 615</AddressLine1Txt>
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            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37403</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>34991</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF TEXAS AT AUSTIN</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>222 RIO GRANDE SUITE 2201C</AddressLine1Txt>
            <CityNm>AUSTIN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78705</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF THE SOUTH SEWANEE</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>735 UNIVERSITY AVENUE</AddressLine1Txt>
            <CityNm>SEWANEE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>373831000</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF WASHINGTON FOUNDATION</BusinessNameLine1Txt>
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            <AddressLine1Txt>4333 BROOKLYN AVE NE BOX 359504</AddressLine1Txt>
            <CityNm>SEATTLE</CityNm>
            <StateAbbreviationCd>WA</StateAbbreviationCd>
            <ZIPCd>981959504</ZIPCd>
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          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>433725</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>VERMONT CHINESE SCHOOL</BusinessNameLine1Txt>
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            <AddressLine1Txt>PO BOX 9209</AddressLine1Txt>
            <CityNm>SOUTH BURLINGTON</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05403</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>VERMONT LAND TRUST</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>8 BAILEY AVENUE</AddressLine1Txt>
            <CityNm>MONTPELIER</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05602</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>VERMONT LEARNING COLLABORATIVE INC</BusinessNameLine1Txt>
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            <AddressLine1Txt>53 GREEN STREET</AddressLine1Txt>
            <CityNm>BRATTLEBORO</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05301</ZIPCd>
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        <GrantOrContributionPdDurYrGrp>
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            <BusinessNameLine1Txt>VILLANOVA UNIVERSITY</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>800 LANCASTER AVE</AddressLine1Txt>
            <CityNm>VILLANOVA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>190851699</ZIPCd>
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          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <Amt>180000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>VOLUNTEERS IN ASIA</BusinessNameLine1Txt>
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            <AddressLine1Txt>995 MARKET ST STE 2</AddressLine1Txt>
            <CityNm>SAN FRANCISCO</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>94103</ZIPCd>
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            <BusinessNameLine1Txt>WETA</BusinessNameLine1Txt>
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            <AddressLine1Txt>3939 CAMPBELL AVENUE</AddressLine1Txt>
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            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22206</ZIPCd>
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            <BusinessNameLine1Txt>WING LUKE MEMORIAL FOUNDATION INC</BusinessNameLine1Txt>
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            <CityNm>SEATTLE</CityNm>
            <StateAbbreviationCd>WA</StateAbbreviationCd>
            <ZIPCd>98104</ZIPCd>
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            <BusinessNameLine1Txt>WORLD AFFAIRS COUNCIL SEATTLE</BusinessNameLine1Txt>
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            <StateAbbreviationCd>WA</StateAbbreviationCd>
            <ZIPCd>98261</ZIPCd>
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        <TotalGrantOrContriPdDurYrAmt>19080000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
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          <ExclusionCd>14</ExclusionCd>
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          <ExclusionAmt>-57760</ExclusionAmt>
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          <BusinessCd>900099</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>145650</UnrelatedBusinessTaxblIncmAmt>
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          <UnrelatedBusinessTaxblIncmAmt>145650</UnrelatedBusinessTaxblIncmAmt>
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        <GrantDt>2023-08-15</GrantDt>
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      <ExpenditureResponsibilityGrp>
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      <ExpenditureResponsibilityGrp>
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          <ZIPCd>98015</ZIPCd>
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        <PurposeOfGrantTxt>SEE ATTACHED</PurposeOfGrantTxt>
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        <EOYFMVAmt>235841</EOYFMVAmt>
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      <InvestmentsCorporateBondsGrp>
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        <EOYFMVAmt>539170</EOYFMVAmt>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>CITIGROUP INC 3.5200% 27/10/2028</BondNm>
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        <EOYFMVAmt>928044</EOYFMVAmt>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>CVS HEALTH CORP 3.2500% 15/08/2029</BondNm>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>PFIZER INVESTMENT ENTER 4.7500% 19/05/2033</BondNm>
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      <InvestmentsCorporateBondsGrp>
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        <EOYFMVAmt>332762</EOYFMVAmt>
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      <InvestmentsCorporateBondsGrp>
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        <EOYFMVAmt>794260</EOYFMVAmt>
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      <InvestmentsCorporateBondsGrp>
        <BondNm>REINSURANCE GRP OF AMER 8.2559% 15/12/2065</BondNm>
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      <InvestmentsCorporateBondsGrp>
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        <EOYFMVAmt>352638</EOYFMVAmt>
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        <EOYBookValueAmt>348141</EOYBookValueAmt>
        <EOYFMVAmt>366535</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VERIZON COMMUNICATIONS 2.6500% 20/11/2040</BondNm>
        <EOYBookValueAmt>1286741</EOYBookValueAmt>
        <EOYFMVAmt>976383</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WELLS FARGO &amp; COMPANY 0.8050% 19/05/2025</BondNm>
        <EOYBookValueAmt>490977</EOYBookValueAmt>
        <EOYFMVAmt>485758</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ALLY FINANCIAL INC 4.7000% PERP</BondNm>
        <EOYBookValueAmt>828597</EOYBookValueAmt>
        <EOYFMVAmt>775843</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AMERICAN EXPRESS CO 3.5500% PERP</BondNm>
        <EOYBookValueAmt>758059</EOYBookValueAmt>
        <EOYFMVAmt>755902</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK OF AMERICA CORP 4.3750% PERP</BondNm>
        <EOYBookValueAmt>770000</EOYBookValueAmt>
        <EOYFMVAmt>794429</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK OF AMERICA CORP 6.3000% PERP</BondNm>
        <EOYBookValueAmt>791543</EOYBookValueAmt>
        <EOYFMVAmt>762537</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK OF NY MELLON CORP 3.7500% PERP</BondNm>
        <EOYBookValueAmt>371813</EOYBookValueAmt>
        <EOYFMVAmt>390434</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK OF NY MELLON CORP 4.6250% PERP</BondNm>
        <EOYBookValueAmt>423355</EOYBookValueAmt>
        <EOYFMVAmt>400508</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BNSF FUNDING TRUST I 6.6130% 15/12/2055</BondNm>
        <EOYBookValueAmt>469097</EOYBookValueAmt>
        <EOYFMVAmt>427435</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CAPITAL ONE FINANCIAL CO 3.9500% PERP</BondNm>
        <EOYBookValueAmt>963188</EOYBookValueAmt>
        <EOYFMVAmt>774653</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CHARLES SCHWAB CORP 4.0000% PERP</BondNm>
        <EOYBookValueAmt>470081</EOYBookValueAmt>
        <EOYFMVAmt>545322</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CHARLES SCHWAB CORP 4.0000% PERP</BondNm>
        <EOYBookValueAmt>334294</EOYBookValueAmt>
        <EOYFMVAmt>287723</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CITIGROUP INC 4.0000% PERP</BondNm>
        <EOYBookValueAmt>870566</EOYBookValueAmt>
        <EOYFMVAmt>794571</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DISCOVER FINANCIAL SVS 6.1250% PERP</BondNm>
        <EOYBookValueAmt>736542</EOYBookValueAmt>
        <EOYFMVAmt>719269</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FIFTH THIRD BANCORP 4.5000% PERP</BondNm>
        <EOYBookValueAmt>847414</EOYBookValueAmt>
        <EOYFMVAmt>785588</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GENERAL MOTORS FINL CO 5.7000% PERP</BondNm>
        <EOYBookValueAmt>550995</EOYBookValueAmt>
        <EOYFMVAmt>586781</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GOLDMAN SACHS GROUP INC 3.6500% PERP</BondNm>
        <EOYBookValueAmt>722372</EOYBookValueAmt>
        <EOYFMVAmt>852888</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GOLDMAN SACHS GROUP INC 7.5000% PERP</BondNm>
        <EOYBookValueAmt>713064</EOYBookValueAmt>
        <EOYFMVAmt>782684</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HUNTINGTON BANCSHARES 5.6250% PERP</BondNm>
        <EOYBookValueAmt>795358</EOYBookValueAmt>
        <EOYFMVAmt>770129</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JPMORGAN CHASE &amp; CO 3.6500% PERP</BondNm>
        <EOYBookValueAmt>565031</EOYBookValueAmt>
        <EOYFMVAmt>566729</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JPMORGAN CHASE &amp; CO 6.1250% PERP</BondNm>
        <EOYBookValueAmt>827759</EOYBookValueAmt>
        <EOYFMVAmt>815719</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KEYCORP 5.0000% PERP</BondNm>
        <EOYBookValueAmt>904836</EOYBookValueAmt>
        <EOYFMVAmt>766840</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PNC FINANCIAL SERVICES 6.2000% PERP</BondNm>
        <EOYBookValueAmt>780846</EOYBookValueAmt>
        <EOYFMVAmt>764345</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PNC FINANCIAL SERVICES 6.2500% PERP</BondNm>
        <EOYBookValueAmt>641559</EOYBookValueAmt>
        <EOYFMVAmt>604339</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TRUIST FINANCIAL CORP 4.8000% PERP</BondNm>
        <EOYBookValueAmt>370549</EOYBookValueAmt>
        <EOYFMVAmt>345798</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TRUIST FINANCIAL CORP 4.9500% PERP</BondNm>
        <EOYBookValueAmt>280507</EOYBookValueAmt>
        <EOYFMVAmt>249956</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TRUIST FINANCIAL CORP 5.1000% PERP</BondNm>
        <EOYBookValueAmt>698960</EOYBookValueAmt>
        <EOYFMVAmt>585875</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>US BANCORP 3.7000% PERP</BondNm>
        <EOYBookValueAmt>867594</EOYBookValueAmt>
        <EOYFMVAmt>781207</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WELLS FARGO &amp; COMPANY 3.9000% PERP</BondNm>
        <EOYBookValueAmt>878301</EOYBookValueAmt>
        <EOYFMVAmt>796145</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WELLS FARGO &amp; COMPANY 7.6250% PERP</BondNm>
        <EOYBookValueAmt>712663</EOYBookValueAmt>
        <EOYFMVAmt>746970</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CITIGROUP INC 7.6250% PERP</BondNm>
        <EOYBookValueAmt>623908</EOYBookValueAmt>
        <EOYFMVAmt>645252</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CITIZENS FINANCIAL GROUP 5.6500% PERP</BondNm>
        <EOYBookValueAmt>632825</EOYBookValueAmt>
        <EOYFMVAmt>592196</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
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        <StockNm>ABBOTT LABORATORIES COM NPV</StockNm>
        <EOYBookValueAmt>39</EOYBookValueAmt>
        <EOYFMVAmt>110</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ADVANCED MICRO DEVICES INC COM STK USD0.01</StockNm>
        <EOYBookValueAmt>3389781</EOYBookValueAmt>
        <EOYFMVAmt>6628291</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ADYEN NV EUR0.01</StockNm>
        <EOYBookValueAmt>1385753</EOYBookValueAmt>
        <EOYFMVAmt>2593589</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>AERCAP HOLDINGS N.V. EUR0.01</StockNm>
        <EOYBookValueAmt>3379505</EOYBookValueAmt>
        <EOYFMVAmt>4234456</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AIR LIQUIDE(L') EUR5.50</StockNm>
        <EOYBookValueAmt>4356964</EOYBookValueAmt>
        <EOYFMVAmt>5587275</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ALCON AG CHF0.04</StockNm>
        <EOYBookValueAmt>33</EOYBookValueAmt>
        <EOYFMVAmt>78</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ALLSTATE CORP COM USD0.01</StockNm>
        <EOYBookValueAmt>4473696</EOYBookValueAmt>
        <EOYFMVAmt>4780317</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMADEUS IT GROUP SA</StockNm>
        <EOYBookValueAmt>1785868</EOYBookValueAmt>
        <EOYFMVAmt>2185752</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>AMAZON COM INC COM USD0.01</StockNm>
        <EOYBookValueAmt>4305179</EOYBookValueAmt>
        <EOYFMVAmt>6984074</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICAN EXPRESS CO COM USD0.20</StockNm>
        <EOYBookValueAmt>4117612</EOYBookValueAmt>
        <EOYFMVAmt>5208052</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>AMGEN INC COM USD0.0001</StockNm>
        <EOYBookValueAmt>2558909</EOYBookValueAmt>
        <EOYFMVAmt>2800418</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE INC COM USD0.00001</StockNm>
        <EOYBookValueAmt>2074042</EOYBookValueAmt>
        <EOYFMVAmt>6656917</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>APPLIED MATERIALS INC COM USD0.01</StockNm>
        <EOYBookValueAmt>801207</EOYBookValueAmt>
        <EOYFMVAmt>3200072</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>AT&amp;T INC COM USD1</StockNm>
        <EOYBookValueAmt>4018494</EOYBookValueAmt>
        <EOYFMVAmt>4532244</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BECTON DICKINSON &amp; CO COM USD1.00</StockNm>
        <EOYBookValueAmt>2969392</EOYBookValueAmt>
        <EOYFMVAmt>3629897</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>BNP PARIBAS EUR2</StockNm>
        <EOYBookValueAmt>2592311</EOYBookValueAmt>
        <EOYFMVAmt>3154926</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CAPITALAND INTEGRATED COM TRUST NPV (REAL ESTATE INVESTMENT TRUST)</StockNm>
        <EOYBookValueAmt>91441</EOYBookValueAmt>
        <EOYFMVAmt>98920</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CARRIER GLOBAL CORPORATION COM USD0.01</StockNm>
        <EOYBookValueAmt>1834688</EOYBookValueAmt>
        <EOYFMVAmt>4301913</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CENTENE CORPORATION COM USD0.001</StockNm>
        <EOYBookValueAmt>4433563</EOYBookValueAmt>
        <EOYFMVAmt>4900903</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>COMPAGNIE DE ST-GOBAIN EUR4</StockNm>
        <EOYBookValueAmt>2627293</EOYBookValueAmt>
        <EOYFMVAmt>5055461</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>DENSO CORP NPV</StockNm>
        <EOYBookValueAmt>3566421</EOYBookValueAmt>
        <EOYFMVAmt>3323932</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>DEUTSCHE POST AG NPV(REGD)</StockNm>
        <EOYBookValueAmt>1332980</EOYBookValueAmt>
        <EOYFMVAmt>3072168</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>DEUTSCHE TELEKOM AG NPV(REGD)</StockNm>
        <EOYBookValueAmt>213982</EOYBookValueAmt>
        <EOYFMVAmt>257353</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>DISCOVER FINANCIAL SERVICES COM STK USD0.01</StockNm>
        <EOYBookValueAmt>4922828</EOYBookValueAmt>
        <EOYFMVAmt>9219385</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ELI LILLY AND COMPANY COM NPV</StockNm>
        <EOYBookValueAmt>2385728</EOYBookValueAmt>
        <EOYFMVAmt>6990960</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>EPIROC AB SER'A'NPV</StockNm>
        <EOYBookValueAmt>1830659</EOYBookValueAmt>
        <EOYFMVAmt>1727156</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL ELECTRIC CO COM USD0.01</StockNm>
        <EOYBookValueAmt>2069659</EOYBookValueAmt>
        <EOYFMVAmt>4668578</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>GLOBE LIFE INC COM USD1.00</StockNm>
        <EOYBookValueAmt>2763013</EOYBookValueAmt>
        <EOYFMVAmt>4046703</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>HITACHI NPV</StockNm>
        <EOYBookValueAmt>2835976</EOYBookValueAmt>
        <EOYFMVAmt>4679923</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>INTERCONTINENTAL EXCHANGE INC COM USD0.01</StockNm>
        <EOYBookValueAmt>3453464</EOYBookValueAmt>
        <EOYFMVAmt>4360841</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>IQVIA HOLDINGS INC COM USD0.01</StockNm>
        <EOYBookValueAmt>3302136</EOYBookValueAmt>
        <EOYFMVAmt>3954284</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>KEYSIGHT TECHNOLOGIES INC COM USD0.01 WD</StockNm>
        <EOYBookValueAmt>1949662</EOYBookValueAmt>
        <EOYFMVAmt>3002665</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>KINDER MORGAN INC COM USD0.01</StockNm>
        <EOYBookValueAmt>2942440</EOYBookValueAmt>
        <EOYFMVAmt>2982430</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>KONINKLIJKE PHILIPS NV EUR0.20</StockNm>
        <EOYBookValueAmt>5264950</EOYBookValueAmt>
        <EOYFMVAmt>2839504</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>KT CORPORATION KRW5000</StockNm>
        <EOYBookValueAmt>3077858</EOYBookValueAmt>
        <EOYFMVAmt>3133229</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>LG CORP KRW5000</StockNm>
        <EOYBookValueAmt>2037595</EOYBookValueAmt>
        <EOYFMVAmt>1984634</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>LLOYDS BANKING GROUP ORD GBP0.1</StockNm>
        <EOYBookValueAmt>5168344</EOYBookValueAmt>
        <EOYFMVAmt>4435632</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>META PLATFORMS INC COM USD0.000006 CL 'A'</StockNm>
        <EOYBookValueAmt>5645632</EOYBookValueAmt>
        <EOYFMVAmt>15680428</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP COM USD0.00000625</StockNm>
        <EOYBookValueAmt>835996</EOYBookValueAmt>
        <EOYFMVAmt>13733733</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MITSUBISHI UFJ FINANCIAL GROUP INC NPV</StockNm>
        <EOYBookValueAmt>1430787</EOYBookValueAmt>
        <EOYFMVAmt>1377847</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NINTENDO CO LTD NPV</StockNm>
        <EOYBookValueAmt>4956537</EOYBookValueAmt>
        <EOYFMVAmt>5797035</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ONEMAIN HLDGS INC USD0.01</StockNm>
        <EOYBookValueAmt>2657493</EOYBookValueAmt>
        <EOYFMVAmt>2565928</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>OVERSEA-CHINESE BANKING CORP NPV</StockNm>
        <EOYBookValueAmt>3305643</EOYBookValueAmt>
        <EOYFMVAmt>3700220</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PPG INDUSTRIES INC COM USD1.666</StockNm>
        <EOYBookValueAmt>2958467</EOYBookValueAmt>
        <EOYFMVAmt>3286062</EOYFMVAmt>
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        <StockNm>REINSURANCE GROUP OF AMERICA COM USD0.01</StockNm>
        <EOYBookValueAmt>5679089</EOYBookValueAmt>
        <EOYFMVAmt>9475293</EOYFMVAmt>
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        <StockNm>RELX PLC GBP0.1444</StockNm>
        <EOYBookValueAmt>1590085</EOYBookValueAmt>
        <EOYFMVAmt>2353504</EOYFMVAmt>
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        <StockNm>RENTOKIL INITIAL ORD GBP0.01</StockNm>
        <EOYBookValueAmt>3910986</EOYBookValueAmt>
        <EOYFMVAmt>3674016</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ROCHE HOLDINGS AG GENUSSCHEINE NPV</StockNm>
        <EOYBookValueAmt>5528727</EOYBookValueAmt>
        <EOYFMVAmt>4808054</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SAMSUNG ELECTRONICS CO KRW100</StockNm>
        <EOYBookValueAmt>4430454</EOYBookValueAmt>
        <EOYFMVAmt>6560601</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SCHNEIDER ELECTRIC SE EUR4.00</StockNm>
        <EOYBookValueAmt>2618361</EOYBookValueAmt>
        <EOYFMVAmt>5367717</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SONY GROUP CORPORATION NPV</StockNm>
        <EOYBookValueAmt>2096679</EOYBookValueAmt>
        <EOYFMVAmt>5239061</EOYFMVAmt>
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        <StockNm>SVENSKA HANDELSBANKEN AB SER'A'NPV</StockNm>
        <EOYBookValueAmt>4368934</EOYBookValueAmt>
        <EOYFMVAmt>5019326</EOYFMVAmt>
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        <StockNm>SWEDBANK AB SER'A'NPV</StockNm>
        <EOYBookValueAmt>3925278</EOYBookValueAmt>
        <EOYFMVAmt>5337183</EOYFMVAmt>
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        <RevenueAndExpensesPerBooksAmt>8182</RevenueAndExpensesPerBooksAmt>
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        <RevenueAndExpensesPerBooksAmt>84423</RevenueAndExpensesPerBooksAmt>
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        <AdjustedNetIncomeAmt>9862</AdjustedNetIncomeAmt>
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        <RevenueAndExpensesPerBooksAmt>52099</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>52099</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>52099</AdjustedNetIncomeAmt>
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        <AdjustedNetIncomeAmt>-145650</AdjustedNetIncomeAmt>
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        <AdjustedNetIncomeAmt>145650</AdjustedNetIncomeAmt>
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