﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2024v5.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-07-29T12:13:57-05:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>331374517</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>PKF O'CONNOR DAVIES ADVISORY LLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>500 MAMARONECK AVENUE SUITE 301</AddressLine1Txt>
        <CityNm>HARRISON</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>105281633</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>137105549</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>BARNETT AND ANNALEE NEWMAN FOUNDATION</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>C/O SILBERMAN ZARETSKY PC</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>BARN</BusinessNameControlTxt>
      <PhoneNum>2123193737</PhoneNum>
      <USAddress>
        <AddressLine1Txt>145 E 57TH ST</AddressLine1Txt>
        <CityNm>NEW YORK</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>10022</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>PAULA PELOSI</PersonNm>
      <PersonTitleTxt>ADMINISTRATIVE TRUSTEE</PersonTitleTxt>
      <PhoneNum>2123193737</PhoneNum>
      <SignatureDt>2025-07-29</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>0</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>THOMAS BLANEY</PreparerPersonNm>
      <PTIN>P00234022</PTIN>
      <PhoneNum>2122862600</PhoneNum>
      <PreparationDt>2025-07-29</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="13">
    <IRS990PF documentId="RetDoc1235000001" referenceDocumentId="RetDoc1175200001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>19135898</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>1251</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>1251</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>167729</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>167729</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>1261211</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1908797</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>1261211</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc2001500001">174</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>174</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>1430365</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>1430365</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002100001">72638</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>0</LegalFeesNetInvstIncmAmt>
        <LegalFeesDsbrsChrtblAmt>72638</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">18550</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>0</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>18550</AccountingFeesChrtblPrpsAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">19056</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>0</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>0</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">12861</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>0</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>12861</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>123105</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>104049</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>655298</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>160000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>778403</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>264049</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>651962</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>1430365</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>855191</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>439972</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>439972</SavAndTempCashInvstEOYFMVAmt>
        <AcctRcvblAmt>13284</AcctRcvblAmt>
        <AcctRcvblEOYAmt>13284</AcctRcvblEOYAmt>
        <AcctRcvblEOYFMVAmt>13284</AcctRcvblEOYFMVAmt>
        <CorporateStockBOYAmt>352813</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">293895</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>684380</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>485696</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2044400001">437799</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>420861</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>9608009</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc2018100001">10768721</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>17538401</OtherInvestmentsEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="RetDoc2046600001">72300</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="RetDoc2046600001">72300</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="RetDoc2046600001">39000</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>11374009</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>12025971</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>19135898</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>11374009</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>12025971</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>11374009</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>12025971</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>11374009</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>12025971</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>11374009</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>651962</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>12025971</SubtotalAmt>
        <OtherDecreasesAmt>0</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>12025971</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SALE OF PUBLICLY TRADED SECURITIES</PropertyDesc>
          <GrossSalesPriceAmt>699326</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>647586</CostOrOtherBasisAmt>
          <GainOrLossAmt>51740</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>51740</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAINS DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>1209471</GrossSalesPriceAmt>
          <GainOrLossAmt>1209471</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1209471</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>1261211</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>19882</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>19882</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>19882</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>10000</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>9882</ExtsnRequestIncomeTaxPaidAmt>
        <BackupWithholdingWithheldAmt>0</BackupWithholdingWithheldAmt>
        <TotalPaymentsAndCreditsAmt>19882</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc1192000001">X</Form2220AttachedInd>
        <EsPenaltyAmt>16</EsPenaltyAmt>
        <TaxDueAmt>16</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>NY</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd referenceDocumentId="RetDoc2205000001">1</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>SILBERMAN ZARETSKY PC</IndividualWithBooksNm>
        <PhoneNum>2123193737</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>145 EAST 57TH STREET 8TH FLOOR</AddressLine1Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>1</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>1</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>0</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>1</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>0</TransactionsFailToQlfyAsExcInd>
        <MaintainedExpenditureRspnsInd referenceDocumentId="RetDoc2118100001">1</MaintainedExpenditureRspnsInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>FRANK STELLA CO FDN</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 E</AddressLine1Txt>
            <AddressLine2Txt>57TH ST</AddressLine2Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE (THRU 5/4/24)</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PAULA PELOSI CO FDN</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 E</AddressLine1Txt>
            <AddressLine2Txt>57TH ST</AddressLine2Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </USAddress>
          <TitleTxt>ADMINISTRATIVE TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PETER STELLA CO FDN</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 E</AddressLine1Txt>
            <AddressLine2Txt>57TH ST</AddressLine2Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE (FROM MAY 2024)</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>SILBERMAN ZARETSKY PC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>145 EAST 57TH STREET</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>LEGAL &amp; ADMINISTRATIVE FEES</ServiceTypeTxt>
          <CompensationAmt>50592</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>17520583</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>554061</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>18074644</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>18074644</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>271120</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>17803524</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>890176</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>890176</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>19882</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>19882</TotalTaxAmt>
        <DistributableBeforeAdjAmt>870294</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>870294</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>870294</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>264049</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>264049</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>870294</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>5048090</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>2118615</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>3622062</ExcessDistributionCyovYr3Amt>
        <TotalExcessDistributionCyovAmt>10788767</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>264049</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>264049</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>606245</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>606245</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>10182522</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>4441845</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>5740677</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>2118615</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>3622062</ExcessFromYear3Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BARNETT NEWMAN FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 E</AddressLine1Txt>
            <AddressLine2Txt>57TH ST</AddressLine2Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GRANT TO BE USED FOR OVERHEAD AND ADMINISTRATIVE EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>420000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BARNETT NEWMAN FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 E</AddressLine1Txt>
            <AddressLine2Txt>57TH ST</AddressLine2Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10022</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PF</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>IN-KIND GRANTS FOR PAYMENTS OF EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>75298</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>DENNIS ASHBAUGH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>970 SHUNPIKE RD</AddressLine1Txt>
            <CityNm>MILLBROOK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12545</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ARTIST GRANT IN RECOGNITION OF ARTISTIC CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SOCRATES SCULPTURE PARK</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3201 VERNON BLVD</AddressLine1Txt>
            <CityNm>ASTORIA</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>11106</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING PURPOSES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>655298</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1251</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>167729</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>1261211</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>INVESTMENT ADVISORY FEES REFUND</Desc>
          <ExclusionCd>01</ExclusionCd>
          <ExclusionAmt>174</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>1430365</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1430365</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING AND TAX PREP FEES</CategoryTxt>
        <Amt>18550</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>18550</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <ExpenditureResponsibilityStmt documentId="RetDoc2118100001">
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>THE BARNETT NEWMAN FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 EAST</AddressLine1Txt>
          <AddressLine2Txt>57TH STREET</AddressLine2Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </USAddress>
        <GrantDt>2023-06-02</GrantDt>
        <GrantAmt>100000</GrantAmt>
        <PurposeOfGrantTxt>THE PURPOSE OF THE GRANT WAS FOR OVERHEAD AND ADMINISTRATIVE EXPENSES OF THE FOUNDATION INCURRED IN CONNECTION WITH ITS CHARITABLE AND EDUCATIONAL ACTIVITIES.</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>100000</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>7/31/2024</DatesOfReportsByGranteeTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>THE BARNETT NEWMAN FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 EAST</AddressLine1Txt>
          <AddressLine2Txt>57TH STREET</AddressLine2Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </USAddress>
        <GrantDt>2023-08-24</GrantDt>
        <GrantAmt>100000</GrantAmt>
        <PurposeOfGrantTxt>THE PURPOSE OF THE GRANT WAS FOR OVERHEAD AND ADMINISTRATIVE EXPENSES OF THE FOUNDATION INCURRED IN CONNECTION WITH ITS CHARITABLE AND EDUCATIONAL ACTIVITIES.</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>100000</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>7/31/2024</DatesOfReportsByGranteeTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>THE BARNETT NEWMAN FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 EAST</AddressLine1Txt>
          <AddressLine2Txt>57TH STREET</AddressLine2Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </USAddress>
        <GrantDt>2023-11-01</GrantDt>
        <GrantAmt>75000</GrantAmt>
        <PurposeOfGrantTxt>THE PURPOSE OF THE GRANT WAS FOR OVERHEAD AND ADMINISTRATIVE EXPENSES OF THE FOUNDATION INCURRED IN CONNECTION WITH ITS CHARITABLE AND EDUCATIONAL ACTIVITIES.</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>75000</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>7/31/2024</DatesOfReportsByGranteeTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>THE BARNETT NEWMAN FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 EAST</AddressLine1Txt>
          <AddressLine2Txt>57TH STREET</AddressLine2Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </USAddress>
        <GrantDt>2024-01-18</GrantDt>
        <GrantAmt>100000</GrantAmt>
        <PurposeOfGrantTxt>THE PURPOSE OF THE GRANT WAS FOR OVERHEAD AND ADMINISTRATIVE EXPENSES OF THE FOUNDATION INCURRED IN CONNECTION WITH ITS CHARITABLE AND EDUCATIONAL ACTIVITIES.</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>100000</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>7/31/2024</DatesOfReportsByGranteeTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>THE BARNETT NEWMAN FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 EAST</AddressLine1Txt>
          <AddressLine2Txt>57TH STREET</AddressLine2Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </USAddress>
        <GrantDt>2024-04-09</GrantDt>
        <GrantAmt>30000</GrantAmt>
        <PurposeOfGrantTxt>THE PURPOSE OF THE GRANT WAS FOR OVERHEAD AND ADMINISTRATIVE EXPENSES OF THE FOUNDATION INCURRED IN CONNECTION WITH ITS CHARITABLE AND EDUCATIONAL ACTIVITIES.</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>30000</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>7/31/2024</DatesOfReportsByGranteeTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>THE BARNETT NEWMAN FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 EAST</AddressLine1Txt>
          <AddressLine2Txt>57TH STREET</AddressLine2Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </USAddress>
        <GrantDt>2024-04-09</GrantDt>
        <GrantAmt>70000</GrantAmt>
        <PurposeOfGrantTxt>THE PURPOSE OF THE GRANT WAS FOR OVERHEAD AND ADMINISTRATIVE EXPENSES OF THE FOUNDATION INCURRED IN CONNECTION WITH ITS CHARITABLE AND EDUCATIONAL ACTIVITIES.</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>70000</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>7/31/2024</DatesOfReportsByGranteeTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>THE BARNETT NEWMAN FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 EAST</AddressLine1Txt>
          <AddressLine2Txt>57TH STREET</AddressLine2Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </USAddress>
        <GrantDt>2024-06-20</GrantDt>
        <GrantAmt>105000</GrantAmt>
        <PurposeOfGrantTxt>THE PURPOSE OF THE GRANT WAS FOR OVERHEAD AND ADMINISTRATIVE EXPENSES OF THE FOUNDATION INCURRED IN CONNECTION WITH ITS CHARITABLE AND EDUCATIONAL ACTIVITIES.</PurposeOfGrantTxt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>PENDING - NOT DUE UNTIL 7/31/25</DatesOfReportsByGranteeTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>THE BARNETT NEWMAN FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 EAST</AddressLine1Txt>
          <AddressLine2Txt>57TH STREET</AddressLine2Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </USAddress>
        <GrantDt>2024-10-29</GrantDt>
        <GrantAmt>115000</GrantAmt>
        <PurposeOfGrantTxt>THE PURPOSE OF THE GRANT WAS FOR OVERHEAD AND ADMINISTRATIVE EXPENSES OF THE FOUNDATION INCURRED IN CONNECTION WITH ITS CHARITABLE AND EDUCATIONAL ACTIVITIES.</PurposeOfGrantTxt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>PENDING - NOT DUE UNTIL 7/31/25</DatesOfReportsByGranteeTxt>
      </ExpenditureResponsibilityGrp>
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>THE BARNETT NEWMAN FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 EAST</AddressLine1Txt>
          <AddressLine2Txt>57TH STREET</AddressLine2Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </USAddress>
        <GrantDt>2024-12-31</GrantDt>
        <GrantAmt>75298</GrantAmt>
        <PurposeOfGrantTxt>IN-KIND GRANTS FOR DIRECT PAYMENTS OF EXPENSES</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>75298</ExpendedByGranteeAmt>
        <AnyDiversionByGranteeTxt>NO</AnyDiversionByGranteeTxt>
        <DatesOfReportsByGranteeTxt>PENDING - NOT DUE UNTIL 7/31/25</DatesOfReportsByGranteeTxt>
      </ExpenditureResponsibilityGrp>
    </ExpenditureResponsibilityStmt>
    <GeneralExplanationAttachment documentId="RetDoc1175200001">
      <GeneralExplanationGrp>
        <IdentifierTxt>CONTROLLED ENTITIES</IdentifierTxt>
        <FormAndLineReferenceDesc>990-PF, PAGE 5, PART VI-A, LINE 11</FormAndLineReferenceDesc>
        <MediumExplanationTxt>THE FOLLOWING CONTROLLED ENTITY IS NOT AN EXCESS BUSINESS HOLDING.BARNETT NEWMAN FOUNDATION ("BNF")C/O SILBERMAN ZARETSKY PC145 EAST 57TH STREET, 8TH FLOORNEW YORK, NY 10022EIN# 13-2989464</MediumExplanationTxt>
      </GeneralExplanationGrp>
    </GeneralExplanationAttachment>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorporateBondsGrp>
        <BondNm>ASSURANT INC SR NT 6.100% 02/27/26</BondNm>
        <EOYBookValueAmt>50592</EOYBookValueAmt>
        <EOYFMVAmt>50409</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK AMER CORP MEDIUM TERM 2.999% 08/21/26</BondNm>
        <EOYBookValueAmt>25965</EOYBookValueAmt>
        <EOYFMVAmt>23585</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GOLDMAN SACHS BDC INC 6.375% 03/11/27</BondNm>
        <EOYBookValueAmt>102349</EOYBookValueAmt>
        <EOYFMVAmt>102356</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MORGAN STANLEY FXD RT SUB NT SER F 5.000% 11/24/25</BondNm>
        <EOYBookValueAmt>49925</EOYBookValueAmt>
        <EOYFMVAmt>50083</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>OLD REP INTL CORP FXD RT SR NT 3.875% 08/26/26</BondNm>
        <EOYBookValueAmt>48145</EOYBookValueAmt>
        <EOYFMVAmt>49163</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TRANSCANADA TRUST BOND ISIN#US89356BAC28 5.300% 03/15/77</BondNm>
        <EOYBookValueAmt>78371</EOYBookValueAmt>
        <EOYFMVAmt>71981</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TRUIST FINL CORP 5.125% 11/14/67</BondNm>
        <EOYBookValueAmt>82452</EOYBookValueAmt>
        <EOYFMVAmt>73284</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>ABBVIE INC COM (ABBV) 250 SHARES</StockNm>
        <EOYBookValueAmt>20789</EOYBookValueAmt>
        <EOYFMVAmt>44425</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CISCO SYS INC COM (CSCO) 500 SHARES</StockNm>
        <EOYBookValueAmt>16250</EOYBookValueAmt>
        <EOYFMVAmt>29600</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COLONIAL BANCGROUP INC 8.875 %</StockNm>
        <EOYBookValueAmt>21770</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EXXON MOBIL CORP COM (XOM) 750 SHARES</StockNm>
        <EOYBookValueAmt>51798</EOYBookValueAmt>
        <EOYFMVAmt>80678</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HARTFORD FINL SVCS GROUP INC</StockNm>
        <EOYBookValueAmt>12506</EOYBookValueAmt>
        <EOYFMVAmt>12485</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTERNATIONAL BUSINESS MACHS CORP COM (IBM) 250 SHARES</StockNm>
        <EOYBookValueAmt>33635</EOYBookValueAmt>
        <EOYFMVAmt>54958</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>METLIFE INC</StockNm>
        <EOYBookValueAmt>25002</EOYBookValueAmt>
        <EOYFMVAmt>23540</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP COM (MSFT) 750 SHARES</StockNm>
        <EOYBookValueAmt>39121</EOYBookValueAmt>
        <EOYFMVAmt>316125</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEXTERA ENERGY INC COM (NEE) 500 SHARES</StockNm>
        <EOYBookValueAmt>4089</EOYBookValueAmt>
        <EOYFMVAmt>35845</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SHELL PLC SPONSORED ADR REPSTG (SHEL) 1,000 SHARES</StockNm>
        <EOYBookValueAmt>41316</EOYBookValueAmt>
        <EOYFMVAmt>62650</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TENNESSEE VY AUTH PUTABLE AUTOMATIC RATE RESET</StockNm>
        <EOYBookValueAmt>25676</EOYBookValueAmt>
        <EOYFMVAmt>22530</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VIATRIS INC COM 124 SHARES</StockNm>
        <EOYBookValueAmt>1943</EOYBookValueAmt>
        <EOYFMVAmt>1544</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN GROWTH FUND OF AMERICA CLASS A</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>4422108</BookValueAmt>
        <EOYFMVAmt>7632308</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN INVESTMENT COMPANY OF AMERICA FUND CLASS A</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>2361298</BookValueAmt>
        <EOYFMVAmt>3479692</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN NEW PERSPECTIVE FUND CLASS A</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>2638930</BookValueAmt>
        <EOYFMVAmt>4676840</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN NEW WORLD FUND CLASS A</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>5985</BookValueAmt>
        <EOYFMVAmt>7744</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>EATON VANCE TAX-MANAGED BUY- WRITE INCOME FD COM</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>37526</BookValueAmt>
        <EOYFMVAmt>45000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESCO GLOBAL FUND CLASS A</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1181163</BookValueAmt>
        <EOYFMVAmt>1326597</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SELECT SECTOR SPDR TR TECHNOLOGY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>47822</BookValueAmt>
        <EOYFMVAmt>174390</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD SPECIALIZED FUNDS DIVID APPRECIATION ETF SHS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>73889</BookValueAmt>
        <EOYFMVAmt>195830</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES - GENERAL AND ADMINISTRATIVE</CategoryTxt>
        <LegalFeesAmt>72638</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>72638</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssetsScheduleGrp>
        <Desc>ART AND OTHER COLLECTIBLES</Desc>
        <BOYBookValueAmt>72300</BOYBookValueAmt>
        <EOYBookValueAmt>72300</EOYBookValueAmt>
        <EOYFMVAmt>39000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>STORAGE FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>7783</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>7783</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FILING FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>750</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>750</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>4328</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>4328</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>INVESTMENT ADVISORY FEES REFUND</Desc>
        <RevenueAndExpensesPerBooksAmt>174</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>174</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>174</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
        <Amt>19056</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
    <TransfersToControlledEntities documentId="RetDoc2205000001">
      <TransfersToControlledEntGrp>
        <BusinessName>
          <BusinessNameLine1Txt>BARNETT NEWMAN FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <USAddress>
          <AddressLine1Txt>C/O SILBERMAN ZARETSKY PC 145 E</AddressLine1Txt>
          <AddressLine2Txt>57TH ST 8TH FL</AddressLine2Txt>
          <CityNm>NEW YORK</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>10022</ZIPCd>
        </USAddress>
        <EIN>132989464</EIN>
        <Desc>GRANTS FOR OVERHEAD AND ADMINISTRATIVE EXPENSES AND IN-KIND GRANTS FOR PAYMENTS OF EXPENSES</Desc>
        <Amt>495298</Amt>
      </TransfersToControlledEntGrp>
      <TotalAmt>495298</TotalAmt>
    </TransfersToControlledEntities>
  </ReturnData>
</Return>