﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" returnVersion="2023v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2024-05-14T15:35:02-04:00</ReturnTs>
    <TaxPeriodEndDt>2023-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>471820032</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Mark Makuch CPA LLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>100 Averill Road Ste 2</AddressLine1Txt>
        <CityNm>Pomfret Center</CityNm>
        <StateAbbreviationCd>CT</StateAbbreviationCd>
        <ZIPCd>06259</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>510527636</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Institute for Ethics and Emerging Technologies Inc</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>INST</BusinessNameControlTxt>
      <USAddress>
        <AddressLine1Txt>56 Daleville School Road</AddressLine1Txt>
        <CityNm>Willington</CityNm>
        <StateAbbreviationCd>CT</StateAbbreviationCd>
        <ZIPCd>06279</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>James Hughes</PersonNm>
      <PersonTitleTxt>Executive Direc</PersonTitleTxt>
      <PhoneNum>8604771301</PhoneNum>
      <SignatureDt>2024-05-06</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>James</PersonFirstNm>
        <PersonLastNm>Hughes</PersonLastNm>
      </PersonFullName>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>Tracy Page EA</PreparerPersonNm>
      <PTIN>P00748738</PTIN>
      <PhoneNum>8604771301</PhoneNum>
      <PreparationDt>2024-05-14</PreparationDt>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>2</TrustedCustomerCd>
        <OOBSecurityVerificationCd>00</OOBSecurityVerificationCd>
        <AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
        <IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2023</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="6">
    <IRS990PF documentId="IRS990PF">
      <InitialReturnFormerPubChrtyInd>X</InitialReturnFormerPubChrtyInd>
      <Organization501c3TaxablePFInd>X</Organization501c3TaxablePFInd>
      <FMVAssetsEOYAmt>666183</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>16</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>11642</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>11642</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>20090</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>189549</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>20090</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="STM106">71</OtherIncomeRevAndExpnssAmt>
        <TotalRevAndExpnssAmt>31819</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>31732</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>24084</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>24084</CompOfcrDirTrstDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="STM107">3677</LegalFeesRevAndExpnssAmt>
        <LegalFeesDsbrsChrtblAmt>3677</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="STM108">3264</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesChrtblPrpsAmt>3264</AccountingFeesChrtblPrpsAmt>
        <TravConfMeetingRevAndExpnssAmt>11261</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingDsbrsChrtblAmt>11261</TravConfMeetingDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>42286</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>42286</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>90200</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>90200</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>132486</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>132486</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-100667</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>31732</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>31462</CashBOYAmt>
        <CashEOYAmt>97053</CashEOYAmt>
        <CashEOYFMVAmt>97053</CashEOYFMVAmt>
        <CorporateStockBOYAmt>492652</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="STM137">324334</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>569130</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>524114</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>421387</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>666183</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>524114</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>421387</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>524114</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>421387</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>524114</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>421387</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>524114</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-100667</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>423447</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="STM116">2060</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>421387</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Pershing ST Covered</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-01</AcquiredDt>
          <SoldDt>2023-12-15</SoldDt>
          <GrossSalesPriceAmt>67959</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>68307</CostOrOtherBasisAmt>
          <GainOrLossAmt>-348</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-348</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Pershing LT Covered</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-01-01</AcquiredDt>
          <SoldDt>2023-12-15</SoldDt>
          <GrossSalesPriceAmt>121540</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>101152</CostOrOtherBasisAmt>
          <GainOrLossAmt>20388</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>20388</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Ishares Gold Trust</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-01-01</AcquiredDt>
          <SoldDt>2023-12-15</SoldDt>
          <GrossSalesPriceAmt>50</GrossSalesPriceAmt>
          <GainOrLossAmt>50</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>50</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>20090</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>-348</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>441</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>441</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>441</TaxBasedOnInvestmentIncomeAmt>
        <TaxDueAmt>441</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>false</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CT</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>true</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>ieet.org</WebsiteAddressTxt>
        <IndividualWithBooksNm>James Hughes</IndividualWithBooksNm>
        <PhoneNum>8604281837</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>56 Daleville School Road</AddressLine1Txt>
          <CityNm>Willington</CityNm>
          <StateAbbreviationCd>CT</StateAbbreviationCd>
          <ZIPCd>06279</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>James Hughes</PersonNm>
          <USAddress>
            <AddressLine1Txt>56 Daleville School Road</AddressLine1Txt>
            <CityNm>Willington</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06279</ZIPCd>
          </USAddress>
          <TitleTxt>Executive Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>George Dvorsky</PersonNm>
          <ForeignAddress>
            <AddressLine1Txt>415 River Oaks Blvd</AddressLine1Txt>
            <CityNm>Oakville</CityNm>
            <ProvinceOrStateNm>ON</ProvinceOrStateNm>
            <CountryCd>CA</CountryCd>
            <ForeignPostalCd>L6H 5P7</ForeignPostalCd>
          </ForeignAddress>
          <TitleTxt>Board of Directors</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>David Wood</PersonNm>
          <ForeignAddress>
            <AddressLine1Txt>121-141 Westbourne Terr</AddressLine1Txt>
            <CityNm>London</CityNm>
            <ProvinceOrStateNm>London</ProvinceOrStateNm>
            <CountryCd>UK</CountryCd>
            <ForeignPostalCd>W2 6JR</ForeignPostalCd>
          </ForeignAddress>
          <TitleTxt>Treasurer</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Mark Walker</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO Box 300001</AddressLine1Txt>
            <CityNm>Las Cruces</CityNm>
            <StateAbbreviationCd>NM</StateAbbreviationCd>
            <ZIPCd>88003</ZIPCd>
          </USAddress>
          <TitleTxt>Board of Directors</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Stephen Umbrello</PersonNm>
          <ForeignAddress>
            <AddressLine1Txt>Via Sette Comuni 45</AddressLine1Txt>
            <CityNm>Torino</CityNm>
            <ProvinceOrStateNm>Torino</ProvinceOrStateNm>
            <CountryCd>IT</CountryCd>
            <ForeignPostalCd>10127</ForeignPostalCd>
          </ForeignAddress>
          <TitleTxt>Managing Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>30484</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Marcelo Rinesi</PersonNm>
          <ForeignAddress>
            <AddressLine1Txt>Suipacha 987 9o B</AddressLine1Txt>
            <CityNm>Buenos Aires</CityNm>
            <ProvinceOrStateNm>Buenos Aires</ProvinceOrStateNm>
            <CountryCd>AR</CountryCd>
            <ForeignPostalCd>1008</ForeignPostalCd>
          </ForeignAddress>
          <TitleTxt>Chief Technology Officer</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Patricia Manney</PersonNm>
          <USAddress>
            <AddressLine1Txt>55 Park Ct</AddressLine1Txt>
            <CityNm>Venice</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90291</ZIPCd>
          </USAddress>
          <TitleTxt>Board of Directors</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Richard Eskow</PersonNm>
          <USAddress>
            <AddressLine1Txt>4602 De Russey Parkway</AddressLine1Txt>
            <CityNm>Chevy Chase</CityNm>
            <StateAbbreviationCd>MD</StateAbbreviationCd>
            <ZIPCd>20815</ZIPCd>
          </USAddress>
          <TitleTxt>Board of Directors</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>Educate the public about emerging technologies</Description1Txt>
        <Expenses1Amt>132486</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>530891</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>64257</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>595148</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>595148</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>8927</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>586221</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>29311</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>29311</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>441</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>441</TotalTaxAmt>
        <DistributableBeforeAdjAmt>28870</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>28870</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>28870</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>132486</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>132486</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>28870</DistributableAsAdjustedAmt>
        <QualifyingDistributionsAmt>132486</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>28870</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>103616</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>103616</TotalCorpusAmt>
        <ExcessDistriCyovToNextYrAmt>103616</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>103616</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>0</CurrentYearAmt>
          <TotalAmt>0</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>132486</CurrentYearAmt>
          <TotalAmt>132486</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>132486</CurrentYearAmt>
          <TotalAmt>132486</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>19541</CurrentYearAmt>
          <TotalAmt>19541</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Applied Ethics Center Philosophy</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>Univ of Mass Boston 100 Morrissey B</AddressLine1Txt>
            <CityNm>Dorchester</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02125</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General support</GrantOrContributionPurposeTxt>
          <Amt>90200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>90200</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>11642</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <OtherRevenueDescribedGrp>
          <Desc>Royalties</Desc>
          <ExclusionCd>15</ExclusionCd>
          <ExclusionAmt>71</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>11713</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>11713</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="STM108">
      <AccountingFeesDetail>
        <CategoryTxt>Accounting Fee</CategoryTxt>
        <Amt>725</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>725</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>Other Accounting Fees</CategoryTxt>
        <Amt>2539</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2539</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="STM137">
      <InvestmentsCorporateStockGrp>
        <StockNm>Key Investment Svc 045634</StockNm>
        <EOYBookValueAmt>324334</EOYBookValueAmt>
        <EOYFMVAmt>569130</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="STM107">
      <LegalFeesGrp>
        <CategoryTxt>Legal Fees</CategoryTxt>
        <LegalFeesAmt>3677</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3677</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherDecreasesSchedule documentId="STM116">
      <OtherDecreasesDetail>
        <Desc>Unrealized Loss on investments</Desc>
        <Amt>2060</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherIncomeSchedule2 documentId="STM106">
      <OtherIncomeDetail>
        <Desc>Royalties</Desc>
        <RevenueAndExpensesPerBooksAmt>71</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
  </ReturnData>
</Return>