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      <FeesForServicesLegalGrp>
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      <FeesForServicesAccountingGrp>
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        <ManagementAndGeneralAmt>100716</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>3248</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>1679405</ProgramServicesAmt>
        <ManagementAndGeneralAmt>617601</ManagementAndGeneralAmt>
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      <InsuranceGrp>
        <TotalAmt>651641</TotalAmt>
        <ProgramServicesAmt>5700</ProgramServicesAmt>
        <ManagementAndGeneralAmt>645941</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>FEDERAL SPONSORED PROGRAM</Desc>
        <TotalAmt>4011647</TotalAmt>
        <ProgramServicesAmt>4011647</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>PARALLEL 18 GRANTS</Desc>
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        <ProgramServicesAmt>1540000</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>CATALYZER RESEARCH GRANT</Desc>
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        <ProgramServicesAmt>1432975</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>ADVANCE RESEARCH PROGRAMS</Desc>
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      <AllOtherExpensesGrp>
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        <BOYAmt>310858</BOYAmt>
        <EOYAmt>237806</EOYAmt>
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        <BOYAmt>4171415</BOYAmt>
        <EOYAmt>5478899</EOYAmt>
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      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>105117035</BOYAmt>
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      <DonorRestrictionNetAssetsGrp>
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        <EOYAmt>28126797</EOYAmt>
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      <TotalNetAssetsFundBalanceGrp>
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        <EOYAmt>129343426</EOYAmt>
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      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>137406248</BOYAmt>
        <EOYAmt>134822325</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>-6458393</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>2566986</NetUnrlzdGainsLossesInvstAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <ConsolidatedBasisFinclStmtInd>X</ConsolidatedBasisFinclStmtInd>
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      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
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    <IRS990ScheduleA documentId="RetDoc5">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>31666443</CurrentTaxYearMinus4YearsAmt>
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        <CurrentTaxYearMinus2YearsAmt>21514936</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>33960329</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>27360080</CurrentTaxYearAmt>
        <TotalAmt>151276382</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>31666443</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>36774594</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>21514936</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>33960329</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>27360080</CurrentTaxYearAmt>
        <TotalAmt>151276382</TotalAmt>
      </TotalCalendarYear170Grp>
      <PublicSupportTotal170Amt>151276382</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>847297</CurrentTaxYearMinus4YearsAmt>
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        <CurrentTaxYearMinus2YearsAmt>2793835</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>2148432</CurrentTaxYearMinus1YearAmt>
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        <CurrentTaxYearMinus2YearsAmt>282279</CurrentTaxYearMinus2YearsAmt>
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      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>PART II, LINE 10</FormAndLineReferenceDesc>
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      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>SUPPLEMENTAL INFORMATION</FormAndLineReferenceDesc>
        <ExplanationTxt>THE AMOUNT REPORTED INCLUDES INCOME DERIVED FROM RENTAL OF FACILITIES AND SPACES (INCLUDING TRAINING ROOM RENTALS), TICKET SALES FOR EVENTS, AND SPONSORSHIP REVENUES RELATED TO ORGANIZATIONAL ACTIVITIES.</ExplanationTxt>
      </Form990ScheduleAPartVIGrp>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="RetDoc2">
      <LandGrp>
        <OtherCostOrOtherBasisAmt>41372876</OtherCostOrOtherBasisAmt>
        <BookValueAmt>41372876</BookValueAmt>
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        <BookValueAmt>14961688</BookValueAmt>
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      <EquipmentGrp>
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        <BookValueAmt>3856820</BookValueAmt>
      </EquipmentGrp>
      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>764605</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>730319</DepreciationAmt>
        <BookValueAmt>34286</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>60225670</TotalBookValueLandBuildingsAmt>
      <OtherSecuritiesGrp>
        <Desc>INVESTMENT IN LOCAL VENTURES</Desc>
        <BookValueAmt>55645116</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>INVESTMENT IN LOCAL VENTURES</Desc>
        <BookValueAmt>1868798</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>INVESTMENT IN LOCAL VENTURES</Desc>
        <BookValueAmt>1635000</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <OtherSecuritiesGrp>
        <Desc>SECURITY DEPOSITS</Desc>
        <BookValueAmt>1342542</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
      </OtherSecuritiesGrp>
      <TotalBookValueSecuritiesAmt>60491456</TotalBookValueSecuritiesAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>LONG TERM DEBT</Desc>
        <Amt>237806</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>237806</TotalLiabilityAmt>
    </IRS990ScheduleD>
    <IRS990ScheduleJ documentId="RetDoc3">
      <WrittenEmploymentContractInd>X</WrittenEmploymentContractInd>
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>false</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>false</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>false</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>false</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>false</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>false</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>false</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>LUZ A CRESPO VALENTIN</PersonNm>
        <TitleTxt>CEO</TitleTxt>
        <BaseCompensationFilingOrgAmt>317561</BaseCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>16500</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>20342</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>354403</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>GILBERTO MARQUEZ</PersonNm>
        <TitleTxt>CFO</TitleTxt>
        <BaseCompensationFilingOrgAmt>151900</BaseCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>8700</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>17135</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>177735</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc4">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4D</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL OTHER ACCOMPLISHMENTS</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE RETURN IS PREPARED BY RSM PUERTO RICO (EXTERNAL AUDITORS AND TAX ADVISORS), INFORMATION REPORTED IN THE RETURN IS PROVIDED BY MANAGEMENT OF PUERTO RICO SCIENCE, TECHNOLOGY &amp; RESEARCH TRUST. DURING THE PREPARATION OF THE RETURN RSM PUERTO RICO AND MANAGEMENT ARE IN CONSTANT COMMUNICATION SHARING AND CONFIRMING THE INFORMATION IN THE RETURN. WHEN COMPLETED THE RETURN IS PROVIDED TO THE ORGANIZATION'S ACCOUNTING DIRECTOR FOR FINAL REVIEW PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE WRITTEN POLICY REQUIRES DISCLOSURE WHEN A CONFLICT OF INTEREST ARISES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>NO DOCUMENTS AVAILABLE TO THE PUBLIC.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>OTHER PROFESSIONAL SERVICES 5,194,381 970,649 0</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 24E</FormAndLineReferenceDesc>
        <ExplanationTxt>OTHER EXPENSES 525,825 282,717 0 SOFTWARE EXP 233,734 492,663 0 OTHER RESEARCH GRANTS 582,631 0 0 MAINTENANCE &amp; REPAIRS 114,911 392,345 0 MATCHING GRANTS 425,000 0 0 UTILITIES 128,525 278,831 0 SUPPLIES 249,400 30,449 0 MEETING FEES &amp; EXPENSES 184,665 65,558 0 DUES AND SUBSCRIPTIONS 152,346 25,653 0 CAPACITY BUILDING AND SP 0 173,912 0 ADVERTISING 77,075 57,517 0 RENTS 44,583 17,319 0 NON-CAPITALIZABLE EQPMT 22,589 24,212 0 BANK CHARGES 515 47 0 TOTAL 2,741,799 1,841,223 0</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>