﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v6.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-03-27T12:30:58-04:00</ReturnTs>
    <TaxPeriodEndDt>2024-06-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>MICHAEL KULKOSKY</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>446 VALLEY BROOK DR</AddressLine1Txt>
        <CityNm>HOCKESSIN</CityNm>
        <StateAbbreviationCd>DE</StateAbbreviationCd>
        <ZIPCd>197079112</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-07-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>133503227</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE WASILY FAMILY FOUNDATION INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>WASI</BusinessNameControlTxt>
      <PhoneNum>6319792142</PhoneNum>
      <USAddress>
        <AddressLine1Txt>2801 CENTERVILLE RDPMB 1041 1ST FL</AddressLine1Txt>
        <CityNm>WILMINGTON</CityNm>
        <StateAbbreviationCd>DE</StateAbbreviationCd>
        <ZIPCd>19808</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>MS MARGARET MOLONEY</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>6319792142</PhoneNum>
      <SignatureDt>2025-03-26</SignatureDt>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>false</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>MICHAEL KULKOSKY</PreparerPersonNm>
      <PTIN>P00225159</PTIN>
      <PhoneNum>3472768405</PhoneNum>
      <PreparationDt>2025-03-27</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="11">
    <IRS990PF documentId="RetDoc12">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>213871183</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>2996366</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>2996366</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>4152396</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>8654620</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>4152396</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>7148762</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>7148762</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>50000</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>50000</CompOfcrDirTrstDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2">4200</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesChrtblPrpsAmt>4200</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc10">2011374</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>1609099</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>402275</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc11">176337</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>26337</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc8">164674</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>163235</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>1439</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>2406585</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>1798671</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>457914</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>8790000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>8790000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>11196585</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>1798671</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>9247914</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-4047823</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>5350091</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>11238</CashBOYAmt>
        <SavAndTempCashInvstBOYAmt>5735942</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>4451582</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>4451582</SavAndTempCashInvstEOYFMVAmt>
        <USGovernmentObligationsBOYAmt>2001920</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt referenceDocumentId="RetDoc6">500000</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>500025</USGovtObligationsEOYFMVAmt>
        <CorporateStockBOYAmt>40056055</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc5">37955751</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>205896919</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>2200000</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc4">2550000</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>2521107</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc7">500000</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>501550</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>50005155</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>45957333</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>213871183</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>50005155</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>45957333</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>50005155</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>45957333</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>50005155</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>45957333</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>50005155</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-4047823</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="RetDoc9">1</OtherIncreasesAmt>
        <SubtotalAmt>45957333</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>45957333</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>STATEMENT ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>8654620</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4502224</CostOrOtherBasisAmt>
          <GainOrLossAmt>4152396</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4152396</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>4152396</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>4152396</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>74366</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>74366</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>74366</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>105503</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>105503</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc1">X</Form2220AttachedInd>
        <OverpaymentAmt>31137</OverpaymentAmt>
        <AppliedToESTaxAmt>31137</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>DE</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd referenceDocumentId="RetDoc3">false</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>MARGARET MOLONEY</IndividualWithBooksNm>
        <PhoneNum>6319792142</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>2801 CENTERVILLE ROAD</AddressLine1Txt>
          <AddressLine2Txt>FIRST FLOOR</AddressLine2Txt>
          <CityNm>WILMINGTON</CityNm>
          <StateAbbreviationCd>DE</StateAbbreviationCd>
          <ZIPCd>19808</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>true</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <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>MS MARGARET MOLONEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>2801 CENTERVILLE ROAD</AddressLine1Txt>
            <AddressLine2Txt>FIRST FLOOR</AddressLine2Txt>
            <CityNm>WILMINGTON</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>19808</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KENNETH GHENO</PersonNm>
          <USAddress>
            <AddressLine1Txt>2801 CENTERVILLE ROAD</AddressLine1Txt>
            <AddressLine2Txt>FIRST FLOOR</AddressLine2Txt>
            <CityNm>WILMINGTON</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>19808</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>25000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DENISE MOLONEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>2801 CENTERVILLE ROAD</AddressLine1Txt>
            <AddressLine2Txt>FIRST FLOOR</AddressLine2Txt>
            <CityNm>WILMINGTON</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>19808</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MARGARET MURRAY</PersonNm>
          <USAddress>
            <AddressLine1Txt>2801 CENTERVILLE ROAD</AddressLine1Txt>
            <AddressLine2Txt>FIRST FLOOR</AddressLine2Txt>
            <CityNm>WILMINGTON</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>19808</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>25000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>ALL OF THIS FOUNDATION'S ACTIVITIES ENTAIL MAKING GRANTS TO OTHER CHARITABLE ORGANIZATIONS</Description1Txt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>196062843</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>5543525</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>201606368</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>201606368</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>3024096</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>198582272</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>9929114</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>9929114</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>74366</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>74366</TotalTaxAmt>
        <DistributableBeforeAdjAmt>9854748</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>9854748</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>9854748</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>9247914</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>9247914</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>9854748</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>8589381</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>9247914</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>8589381</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>658533</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>9196215</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>DENISE MOLONEY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2801 CENTERVILLE ROAD</AddressLine1Txt>
            <AddressLine2Txt>PMB 1041 1ST FL</AddressLine2Txt>
            <CityNm>WILMINGTON</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>19808</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>6319792142</RecipientPhoneNum>
          <RecipientEmailAddressTxt>WFF@INDEPENDENT-INVESTORS.COM</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>PROPOSALS SHOULD BE EMAILED AND SENT REGULAR MAIL AND SHOULD INCLUDE THE MOST RECENT TAX RETURN, AUDITED FINANCIAL STATEMENTS, AND THE SPECIFIC REQUEST.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>MARCH 1</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>NO SPECIFIC RESTRICTIONS</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>STATEMENT ATTACHED</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>STATEMENT</AddressLine1Txt>
            <CityNm>WILMINGTON</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>19808</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>STATEMENT</GrantOrContributionPurposeTxt>
          <Amt>8790000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>8790000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2996366</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>4152396</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>7148762</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>7148762</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="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>ACCTG &amp; TAX PREPARATION</CategoryTxt>
        <Amt>4200</Amt>
        <DisbursementsCharitablePrpsAmt>4200</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <ExplnOfNonFilingWithAGStmt documentId="RetDoc3">
      <ExplanationTxt>THE STATE OF DELAWARE DOES NOT REQUIRE A COPY OF FORM 990PF.</ExplanationTxt>
    </ExplnOfNonFilingWithAGStmt>
    <InvestmentsCorpBondsSchedule documentId="RetDoc4">
      <InvestmentsCorporateBondsGrp>
        <BondNm>SCHEDULE ATTACHED</BondNm>
        <EOYBookValueAmt>2550000</EOYBookValueAmt>
        <EOYFMVAmt>2521107</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc5">
      <InvestmentsCorporateStockGrp>
        <StockNm>SCHEDULE ATTACHED</StockNm>
        <EOYBookValueAmt>37955751</EOYBookValueAmt>
        <EOYFMVAmt>205896919</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="RetDoc6">
      <USGovtObligationsBookVlEOYAmt>500000</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>500025</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="RetDoc7">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>STRUCTURED PRODUCTS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>500000</BookValueAmt>
        <EOYFMVAmt>501550</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc8">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>STATUTORY REPRESENTATION</Desc>
        <RevenueAndExpensesPerBooksAmt>1274</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1274</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADR FEES ETC</Desc>
        <RevenueAndExpensesPerBooksAmt>4831</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4831</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DELAWARE FILING FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>165</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>165</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CUSTODY FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>158400</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>158400</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CUSTODIAN - PAPER STMTS FEE</Desc>
        <RevenueAndExpensesPerBooksAmt>4</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc9">
      <OtherIncreasesDetail>
        <Desc>ROUNDING</Desc>
        <Amt>1</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc10">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT</CategoryTxt>
        <Amt>2011374</Amt>
        <NetInvestmentIncomeAmt>1609099</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>402275</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc11">
      <TaxesDetail>
        <CategoryTxt>FEDERAL EXCISE TAX</CategoryTxt>
        <Amt>150000</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>26337</Amt>
        <NetInvestmentIncomeAmt>26337</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>