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        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>96897</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>619689</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>243606</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>110098</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>54076</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>206893</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>5016</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARMY DISTAFF FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6200 OREGON AVENUE NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20015</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>17500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ASBURY PARK MUSIC FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1396</AddressLine1Txt>
            <CityNm>ASBURY PARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07712</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BELMAR ARTS COUNCIL INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX A 601 MAIN STREET</AddressLine1Txt>
            <CityNm>BELMAR</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07719</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BRIDGE HOUSE CORPORATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1160 CAMP STREET</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BROOKDALE COMMUNITY COLLEGE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>765 NEWMAN SPRINGS ROAD</AddressLine1Txt>
            <CityNm>LINCROFT</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07738</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COUNT BASIE THEATER INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>99 MONMOUTH ST</AddressLine1Txt>
            <CityNm>RED BANK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07701</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FIRST TEE OF NEW ORLEANS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1050 S JEFFERSON DAVIS PKWY STE 237</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70125</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JAZZ ARTS PROJECT INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>77 PICKNEY ROAD</AddressLine1Txt>
            <CityNm>RED BANK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07701</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JAZZ HOUSE KIDS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>347 BLOOMFIELD AVE LOWER LEVEL</AddressLine1Txt>
            <CityNm>MONTCLAIR</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07042</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LOUISIANA MUSEUM FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1000 BOURBON STREET B429</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70116</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1041</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LOUISIANA SPCA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1700 MARDI GRAS BLVD</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70114</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MAX'S KANSAS CITY PROJECT INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 53</AddressLine1Txt>
            <CityNm>WOODSTOCK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>12498</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MORRISTOWN PARTNERS INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>14 MAPLE AVENUE STE 201</AddressLine1Txt>
            <CityNm>MORRISTOWN</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07960</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW ORLEANS ARTS AND CULTURAL HOST COMMITTEE INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1180 RAYMOND BLVD APT 23C</AddressLine1Txt>
            <CityNm>NEWARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07102</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW ORLEANS JAZZ &amp; HERITAGE FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1205 N RAMPART ST</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>22500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW ORLEANS MUSICIANS CLINIC &amp; ASSISTANCE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1525 LOUISIANA AVENUE</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NJARTSNET</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>11 SKYTOP TERRACE</AddressLine1Txt>
            <CityNm>MONTCLAIR</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07043</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NORTHSHORE COMMUNITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>807 N COLUMBIA STREET</AddressLine1Txt>
            <CityNm>COVINGTON</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70443</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OCEAN COUNTY COLLEGE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>COLLEGE DRIVE PO BOX 2001</AddressLine1Txt>
            <CityNm>TOMS RIVER</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08754</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>53000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PHOENIX MULTISPORT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2239 CHAMPA STREET</AddressLine1Txt>
            <CityNm>DENVER</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80205</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAINT VINCENT ACADEMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>228 W MARKET STREET</AddressLine1Txt>
            <CityNm>NEWARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07103</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAVE OUR BRASS CULTURE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4100 N PRIEUR STREET</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70117</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>17500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE HISTORIC ITALIAN HALL FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 92465</AddressLine1Txt>
            <CityNm>PASADENA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91109</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>89000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE HORNS PROJECT INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>102 WEST 85TH STREET SUITE 10H</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>10024</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>14000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE LOUISIANA PHILHARMONIC ORCHESTRA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1010 COMMON STREET SUITE 2120</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70112</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE NOCCA INSTITUTE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2800 CHARTRES ST</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70117</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>23200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TOMS RIVER SOUTH ALUMNI ASSOCIATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>707 UNION AVENUE</AddressLine1Txt>
            <CityNm>BRIELLE</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08730</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TROMBONE SHORTY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>650 POYDRAS STREET SUITE 2245</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WARREN EASTON HIGH SCHOOL FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3019 CANAL STREET</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70119</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WWOZ-SCHOOL GROOVE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1008 N PETERS STREET</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70116</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>524491</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN JAZZ MUSEUM</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1616 EAST 18TH STREET</AddressLine1Txt>
            <CityNm>KANSAS CITY</CityNm>
            <StateAbbreviationCd>MO</StateAbbreviationCd>
            <ZIPCd>64108</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <Amt>60000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARMY DISTAFF FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6200 OREGON AVENUE NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20015</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BROOKDALE COMMUNITY COLLEGE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>765 NEWMAN SPRINGS ROAD</AddressLine1Txt>
            <CityNm>LINCROFT</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07738</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
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        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COUNT BASIE THEATER INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>99 MONMOUTH ST</AddressLine1Txt>
            <CityNm>RED BANK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07701</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>15400</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JAZZ HOUSE KIDS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>347 BLOOMFIELD AVE LOWER LEVEL</AddressLine1Txt>
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            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07042</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <Amt>20000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LOUISIANA PHILHARMONIC ORCHESTRA</BusinessNameLine1Txt>
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          <RecipientUSAddress>
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            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70112</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>35000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LOUISIANA SPCA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1700 MARDI GRAS BLVD</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70114</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MAX'S KANSAS CITY PROJECT INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 53</AddressLine1Txt>
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            <StateAbbreviationCd>NY</StateAbbreviationCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
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        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW ORLEANS ARTS AND CULTURAL HOST COMMITTEE INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1180 RAYMOND BLVD APT 23C</AddressLine1Txt>
            <CityNm>NEWARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07102</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW ORLEANS JAZZ &amp; HERITAGE FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1205 N RAMPART ST</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70115</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>52500</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW ORLEANS JAZZ ORCHESTRA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 15468</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70130</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NJARTSNET</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>11 SKYTOP TERRACE</AddressLine1Txt>
            <CityNm>MONTCLAIR</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07043</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NORTHSHORE COMMUNITY FOUNDATION</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>807 N COLUMBIA STREET</AddressLine1Txt>
            <CityNm>COVINGTON</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70443</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
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        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OCEAN COUNTY FOUNDATION</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>COLLEGE DRIVE PO BOX 2001</AddressLine1Txt>
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            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>08754</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>57500</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OFFBEAT MUSIC &amp; CULTURAL ARTS FOUNDATION</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>400 ESPLANADE AVENUE</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70116</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
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        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAINT VINCENT ACADEMY</BusinessNameLine1Txt>
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            <CityNm>NEWARK</CityNm>
            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07103</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
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        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAVE OUR BRASS CULTURE FOUNDATION</BusinessNameLine1Txt>
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            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70117</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <Amt>15000</Amt>
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        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SECOND LINE ARTS COLLECTIVE</BusinessNameLine1Txt>
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            <AddressLine1Txt>4313 LAKE TRAIL DRIV</AddressLine1Txt>
            <CityNm>KENNER</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>70065</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SOUTH ORANGE PERFORMING ARTS CENTER</BusinessNameLine1Txt>
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            <StateAbbreviationCd>NJ</StateAbbreviationCd>
            <ZIPCd>07079</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
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          <Amt>10000</Amt>
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        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TAKE ME TO THE RIVER EDUCATION INITIATIVE</BusinessNameLine1Txt>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE HISTORIC ITALIAN HALL FOUNDATION</BusinessNameLine1Txt>
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            <CityNm>PASADENA</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>91109</ZIPCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <Amt>26000</Amt>
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        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE HORNS PROJECT INC</BusinessNameLine1Txt>
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            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
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          <Amt>11500</Amt>
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        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE NOCCA INSTITUTE</BusinessNameLine1Txt>
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            <AddressLine1Txt>2800 CHARTRES ST</AddressLine1Txt>
            <CityNm>NEW ORLEANS</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
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          <Amt>56000</Amt>
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        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TOMS RIVER SOUTH ALUMNI ASSOCIATION</BusinessNameLine1Txt>
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          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
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        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TROMBONE SHORTY FOUNDATION</BusinessNameLine1Txt>
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        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UPTOWN JAZZ ORCHESTRA</BusinessNameLine1Txt>
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        <GrantOrContriApprvForFutGrp>
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            <BusinessNameLine1Txt>WARREN EASTON HIGH SCHOOL FOUNDATION INC</BusinessNameLine1Txt>
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        <EOYBookValueAmt>24345</EOYBookValueAmt>
        <EOYFMVAmt>25377</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AMEREN ILLINOIS CO-25000 SHRS.</BondNm>
        <EOYBookValueAmt>20212</EOYBookValueAmt>
        <EOYFMVAmt>20376</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AMERICAN AIRLINES 2021-1 CLASSB PASS THROUGH TRUST-20000 SHRS.</BondNm>
        <EOYBookValueAmt>15788</EOYBookValueAmt>
        <EOYFMVAmt>16166</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AMERICAN TOWER CORP-5000 SHRS.</BondNm>
        <EOYBookValueAmt>4974</EOYBookValueAmt>
        <EOYFMVAmt>4770</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AMERIGAS PARTNERS LP / AMERIGAS FINANCE CORP-27000 SHRS.</BondNm>
        <EOYBookValueAmt>26615</EOYBookValueAmt>
        <EOYFMVAmt>26307</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>APACHE CORP-24000 SHRS.</BondNm>
        <EOYBookValueAmt>24624</EOYBookValueAmt>
        <EOYFMVAmt>25790</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AUTOMATIC DATA PROCESSING INC-25000 SHRS.</BondNm>
        <EOYBookValueAmt>20828</EOYBookValueAmt>
        <EOYFMVAmt>20791</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>B&amp;G FOODS INC-15000 SHRS.</BondNm>
        <EOYBookValueAmt>15073</EOYBookValueAmt>
        <EOYFMVAmt>13651</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BALTIMORE GAS AND ELECTRIC CO-35000 SHRS.</BondNm>
        <EOYBookValueAmt>34938</EOYBookValueAmt>
        <EOYFMVAmt>29884</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK OF AMERICA CORP FXD TO 042031 VAR THRAFTR 2.6870%-35000 SHRS.</BondNm>
        <EOYBookValueAmt>35687</EOYBookValueAmt>
        <EOYFMVAmt>29590</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK OF AMERICA CORP FXD TO 072027 VAR THRAFTR 3.5930%-5000 SHRS.</BondNm>
        <EOYBookValueAmt>5047</EOYBookValueAmt>
        <EOYFMVAmt>4751</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK OF AMERICA CORP FXD TO 102029 VAR THRAFTR 2.8840%-5000 SHRS.</BondNm>
        <EOYBookValueAmt>5109</EOYBookValueAmt>
        <EOYFMVAmt>4444</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK OF NEW YORK MELLON CORP-5000 SHRS.</BondNm>
        <EOYBookValueAmt>4997</EOYBookValueAmt>
        <EOYFMVAmt>4777</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK OF NEW YORK MELLON CORP-5000 SHRS.</BondNm>
        <EOYBookValueAmt>4869</EOYBookValueAmt>
        <EOYFMVAmt>4629</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK OF NEW YORK MELLON CORP FXD TO 022033 VAR THFTR 4.706%-35000 SHRS.</BondNm>
        <EOYBookValueAmt>35026</EOYBookValueAmt>
        <EOYFMVAmt>34264</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BEAZER HOMES USA INC-27000 SHRS.</BondNm>
        <EOYBookValueAmt>27100</EOYBookValueAmt>
        <EOYFMVAmt>27279</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BERKSHIRE HATHAWAY FINANCE CORP-10000 SHRS.</BondNm>
        <EOYBookValueAmt>10057</EOYBookValueAmt>
        <EOYFMVAmt>8429</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BOEING CO-10000 SHRS.</BondNm>
        <EOYBookValueAmt>9782</EOYBookValueAmt>
        <EOYFMVAmt>9402</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BOYD GAMING CORP-28000 SHRS.</BondNm>
        <EOYBookValueAmt>26350</EOYBookValueAmt>
        <EOYFMVAmt>26970</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP-30000 SHRS.</BondNm>
        <EOYBookValueAmt>26116</EOYBookValueAmt>
        <EOYFMVAmt>25743</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CENTRAL GARDEN &amp; PET CO-4000 SHRS.</BondNm>
        <EOYBookValueAmt>3900</EOYBookValueAmt>
        <EOYFMVAmt>3910</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CENTRAL GARDEN &amp; PET CO-21000 SHRS.</BondNm>
        <EOYBookValueAmt>19109</EOYBookValueAmt>
        <EOYFMVAmt>19071</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CHARLES SCHWAB CORP/THE FXD TO062025 VAR THRAFTR 5.3750% -27000 SHRS.</BondNm>
        <EOYBookValueAmt>25904</EOYBookValueAmt>
        <EOYFMVAmt>26597</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CHARTER COMM OPERATING LLC / CHARTER COMM OPERATING CAPITAL-75000 SHRS.</BondNm>
        <EOYBookValueAmt>71653</EOYBookValueAmt>
        <EOYFMVAmt>74178</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATION-5000 SHRS.</BondNm>
        <EOYBookValueAmt>4567</EOYBookValueAmt>
        <EOYFMVAmt>4730</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATION-5000 SHRS.</BondNm>
        <EOYBookValueAmt>4798</EOYBookValueAmt>
        <EOYFMVAmt>4804</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CHEVRON CORP-25000 SHRS.</BondNm>
        <EOYBookValueAmt>26007</EOYBookValueAmt>
        <EOYFMVAmt>22174</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CHUBB INA HOLDINGS INC-30000 SHRS.</BondNm>
        <EOYBookValueAmt>28609</EOYBookValueAmt>
        <EOYFMVAmt>24734</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CITIGROUP INC FXD TO 022026 VAR THRAFTR 3.8750%-30000 SHRS.</BondNm>
        <EOYBookValueAmt>25097</EOYBookValueAmt>
        <EOYFMVAmt>26687</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CITIGROUP INC FXD TO 032030 VAR THRAFTR 4.4120%-15000 SHRS.</BondNm>
        <EOYBookValueAmt>15000</EOYBookValueAmt>
        <EOYFMVAmt>14365</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CITIGROUP INC FXD TO 052031 VAR THRAFTR 2.5610%-10000 SHRS.</BondNm>
        <EOYBookValueAmt>10000</EOYBookValueAmt>
        <EOYFMVAmt>8356</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>COCA-COLA CO-10000 SHRS.</BondNm>
        <EOYBookValueAmt>9996</EOYBookValueAmt>
        <EOYFMVAmt>9046</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>COCA-COLA CO-30000 SHRS.</BondNm>
        <EOYBookValueAmt>30552</EOYBookValueAmt>
        <EOYFMVAmt>26202</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>COMCAST CORP-10000 SHRS.</BondNm>
        <EOYBookValueAmt>9965</EOYBookValueAmt>
        <EOYFMVAmt>9663</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>COMMONWEALTH EDISON CO-5000 SHRS.</BondNm>
        <EOYBookValueAmt>5053</EOYBookValueAmt>
        <EOYFMVAmt>4845</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CORECIVIC INC-29000 SHRS.</BondNm>
        <EOYBookValueAmt>25714</EOYBookValueAmt>
        <EOYFMVAmt>26898</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CROWN CASTLE INC-10000 SHRS.</BondNm>
        <EOYBookValueAmt>9961</EOYBookValueAmt>
        <EOYFMVAmt>9506</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CROWN CASTLE INC-10000 SHRS.</BondNm>
        <EOYBookValueAmt>10092</EOYBookValueAmt>
        <EOYFMVAmt>8296</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CSC HOLDINGS LLC-17000 SHRS.</BondNm>
        <EOYBookValueAmt>16235</EOYBookValueAmt>
        <EOYFMVAmt>16664</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DISCOVERY COMMUNICATIONS LLC-10000 SHRS.</BondNm>
        <EOYBookValueAmt>9827</EOYBookValueAmt>
        <EOYFMVAmt>9539</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DISCOVERY COMMUNICATIONS LLC-40000 SHRS.</BondNm>
        <EOYBookValueAmt>33746</EOYBookValueAmt>
        <EOYFMVAmt>37962</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DPL INC-27000 SHRS.</BondNm>
        <EOYBookValueAmt>25838</EOYBookValueAmt>
        <EOYFMVAmt>25305</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DUKE ENERGY OHIO INC-15000 SHRS.</BondNm>
        <EOYBookValueAmt>14937</EOYBookValueAmt>
        <EOYFMVAmt>14479</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DUKE ENERGY OHIO INC-45000 SHRS.</BondNm>
        <EOYBookValueAmt>37604</EOYBookValueAmt>
        <EOYFMVAmt>38339</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ENCOMPASS HEALTH CORP-11000 SHRS.</BondNm>
        <EOYBookValueAmt>11146</EOYBookValueAmt>
        <EOYFMVAmt>10543</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ENCOMPASS HEALTH CORP-4000 SHRS.</BondNm>
        <EOYBookValueAmt>3445</EOYBookValueAmt>
        <EOYFMVAmt>3774</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ENTERGY LOUISIANA LLC-10000 SHRS.</BondNm>
        <EOYBookValueAmt>9708</EOYBookValueAmt>
        <EOYFMVAmt>9467</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ENTERGY TEXAS INC-35000 SHRS.</BondNm>
        <EOYBookValueAmt>30401</EOYBookValueAmt>
        <EOYFMVAmt>28687</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EQUINIX INC-10000 SHRS.</BondNm>
        <EOYBookValueAmt>10360</EOYBookValueAmt>
        <EOYFMVAmt>9206</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EXXON MOBIL CORP-25000 SHRS.</BondNm>
        <EOYBookValueAmt>25087</EOYBookValueAmt>
        <EOYFMVAmt>22368</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FORD MOTOR CO-26000 SHRS.</BondNm>
        <EOYBookValueAmt>24722</EOYBookValueAmt>
        <EOYFMVAmt>26245</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FORD MOTOR CO-1000 SHRS.</BondNm>
        <EOYBookValueAmt>1000</EOYBookValueAmt>
        <EOYFMVAmt>1091</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>FORTUNE BRANDS INNOVATIONS INC-40000 SHRS.</BondNm>
        <EOYBookValueAmt>39896</EOYBookValueAmt>
        <EOYFMVAmt>37261</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GENERAL DYNAMICS CORP-10000 SHRS.</BondNm>
        <EOYBookValueAmt>10091</EOYBookValueAmt>
        <EOYFMVAmt>9833</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GENERAL DYNAMICS CORP-50000 SHRS.</BondNm>
        <EOYBookValueAmt>47514</EOYBookValueAmt>
        <EOYFMVAmt>48044</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GEO GROUP INC-25000 SHRS.</BondNm>
        <EOYBookValueAmt>25298</EOYBookValueAmt>
        <EOYFMVAmt>25594</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GOODYEAR TIRE &amp; RUBBER CO-30000 SHRS.</BondNm>
        <EOYBookValueAmt>28343</EOYBookValueAmt>
        <EOYFMVAmt>26976</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HOWMET AEROSPACE INC-25000 SHRS.</BondNm>
        <EOYBookValueAmt>27062</EOYBookValueAmt>
        <EOYFMVAmt>26093</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HUNTINGTON INGALLS INDUSTRIES INC-60000 SHRS.</BondNm>
        <EOYBookValueAmt>55816</EOYBookValueAmt>
        <EOYFMVAmt>57151</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>INTEL CORP-20000 SHRS.</BondNm>
        <EOYBookValueAmt>19993</EOYBookValueAmt>
        <EOYFMVAmt>16917</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JETBLUE AIRWAYS CORPORATION-34000 SHRS.</BondNm>
        <EOYBookValueAmt>24016</EOYBookValueAmt>
        <EOYFMVAmt>23864</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JPMORGAN CHASE &amp; CO FXD TO 012028 VAR THRAFTR 3.5090%-10000 SHRS.</BondNm>
        <EOYBookValueAmt>10000</EOYBookValueAmt>
        <EOYFMVAmt>9474</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JPMORGAN CHASE &amp; CO FXD TO 022031 VAR THRAFTR 1.9530%-25000 SHRS.</BondNm>
        <EOYBookValueAmt>24150</EOYBookValueAmt>
        <EOYFMVAmt>20363</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JPMORGAN CHASE &amp; CO FXD TO 042030 VAR THRAFTR 2.5220%-10000 SHRS.</BondNm>
        <EOYBookValueAmt>10501</EOYBookValueAmt>
        <EOYFMVAmt>8660</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JPMORGAN CHASE &amp; CO FXD TO 102033 VAR THRAFTR 6.254%-30000 SHRS.</BondNm>
        <EOYBookValueAmt>30000</EOYBookValueAmt>
        <EOYFMVAmt>32540</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KB HOME-13000 SHRS.</BondNm>
        <EOYBookValueAmt>12968</EOYBookValueAmt>
        <EOYFMVAmt>13547</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KB HOME-15000 SHRS.</BondNm>
        <EOYBookValueAmt>13758</EOYBookValueAmt>
        <EOYFMVAmt>13490</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>KIMBERLY-CLARK CORP-15000 SHRS.</BondNm>
        <EOYBookValueAmt>14988</EOYBookValueAmt>
        <EOYFMVAmt>14001</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>LEAR CORP-3000 SHRS.</BondNm>
        <EOYBookValueAmt>3004</EOYBookValueAmt>
        <EOYFMVAmt>2896</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MARTIN MARIETTA MATERIALS INC-5000 SHRS.</BondNm>
        <EOYBookValueAmt>4988</EOYBookValueAmt>
        <EOYFMVAmt>4800</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MARTIN MARIETTA MATERIALS INC-40000 SHRS.</BondNm>
        <EOYBookValueAmt>39975</EOYBookValueAmt>
        <EOYFMVAmt>34065</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MASCO CORP-5000 SHRS.</BondNm>
        <EOYBookValueAmt>4937</EOYBookValueAmt>
        <EOYFMVAmt>4756</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MASCO CORP-10000 SHRS.</BondNm>
        <EOYBookValueAmt>9927</EOYBookValueAmt>
        <EOYFMVAmt>8238</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MGM RESORTS INTERNATIONAL-28000 SHRS.</BondNm>
        <EOYBookValueAmt>26825</EOYBookValueAmt>
        <EOYFMVAmt>26709</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>NRG ENERGY INC-26000 SHRS.</BondNm>
        <EOYBookValueAmt>25838</EOYBookValueAmt>
        <EOYFMVAmt>25920</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>NSTAR ELECTRIC CO-10000 SHRS.</BondNm>
        <EOYBookValueAmt>10003</EOYBookValueAmt>
        <EOYFMVAmt>9673</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>NSTAR ELECTRIC CO-30000 SHRS.</BondNm>
        <EOYBookValueAmt>30772</EOYBookValueAmt>
        <EOYFMVAmt>28744</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>OLIN CORP-14000 SHRS.</BondNm>
        <EOYBookValueAmt>14200</EOYBookValueAmt>
        <EOYFMVAmt>13825</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ORACLE CORP-5000 SHRS.</BondNm>
        <EOYBookValueAmt>4995</EOYBookValueAmt>
        <EOYFMVAmt>4515</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ORACLE CORP-10000 SHRS.</BondNm>
        <EOYBookValueAmt>10046</EOYBookValueAmt>
        <EOYFMVAmt>9503</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PECO ENERGY CO-45000 SHRS.</BondNm>
        <EOYBookValueAmt>44909</EOYBookValueAmt>
        <EOYFMVAmt>45862</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PENSKE AUTOMOTIVE GROUP INC-29000 SHRS.</BondNm>
        <EOYBookValueAmt>26776</EOYBookValueAmt>
        <EOYFMVAmt>26000</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PEPSICO INC-40000 SHRS.</BondNm>
        <EOYBookValueAmt>36651</EOYBookValueAmt>
        <EOYFMVAmt>39057</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PFIZER INC-5000 SHRS.</BondNm>
        <EOYBookValueAmt>5213</EOYBookValueAmt>
        <EOYFMVAmt>4818</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PFIZER INC-30000 SHRS.</BondNm>
        <EOYBookValueAmt>26778</EOYBookValueAmt>
        <EOYFMVAmt>27090</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PIONEER NATURAL RESOURCES CO-45000 SHRS.</BondNm>
        <EOYBookValueAmt>42761</EOYBookValueAmt>
        <EOYFMVAmt>38313</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PNC BANK NA-10000 SHRS.</BondNm>
        <EOYBookValueAmt>9959</EOYBookValueAmt>
        <EOYFMVAmt>9420</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PNC FINANCIAL SERVICES GROUP INC/THE-5000 SHRS.</BondNm>
        <EOYBookValueAmt>4986</EOYBookValueAmt>
        <EOYFMVAmt>4382</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PNC FINANCIAL SERVICES GRP FXDTO 102032 VAR THRAFTR 6.037%-35000 SHRS.</BondNm>
        <EOYBookValueAmt>35000</EOYBookValueAmt>
        <EOYFMVAmt>36598</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PROGRESSIVE CORP-35000 SHRS.</BondNm>
        <EOYBookValueAmt>32564</EOYBookValueAmt>
        <EOYFMVAmt>31254</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PROGRESSIVE CORP-30000 SHRS.</BondNm>
        <EOYBookValueAmt>29982</EOYBookValueAmt>
        <EOYFMVAmt>30828</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PUBLIC STORAGE-10000 SHRS.</BondNm>
        <EOYBookValueAmt>9480</EOYBookValueAmt>
        <EOYFMVAmt>9538</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PUBLIC STORAGE-35000 SHRS.</BondNm>
        <EOYBookValueAmt>35413</EOYBookValueAmt>
        <EOYFMVAmt>30271</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PUBLIC STORAGE-20000 SHRS.</BondNm>
        <EOYBookValueAmt>16122</EOYBookValueAmt>
        <EOYFMVAmt>17116</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>QVC INC-5000 SHRS.</BondNm>
        <EOYBookValueAmt>5017</EOYBookValueAmt>
        <EOYFMVAmt>4711</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ROYAL CARIBBEAN CRUISES LTD-14000 SHRS.</BondNm>
        <EOYBookValueAmt>13331</EOYBookValueAmt>
        <EOYFMVAmt>12912</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ROYAL CARIBBEAN CRUISES LTD-5000 SHRS.</BondNm>
        <EOYBookValueAmt>5041</EOYBookValueAmt>
        <EOYFMVAmt>5213</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SALESFORCE.COM INC-85000 SHRS.</BondNm>
        <EOYBookValueAmt>77834</EOYBookValueAmt>
        <EOYFMVAmt>72647</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SBA COMMUNICATIONS CORP-23000 SHRS.</BondNm>
        <EOYBookValueAmt>18835</EOYBookValueAmt>
        <EOYFMVAmt>20688</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SCHLUMBERGER INVESTMENT SA-65000 SHRS.</BondNm>
        <EOYBookValueAmt>63139</EOYBookValueAmt>
        <EOYFMVAmt>58462</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SEAGATE HDD CAYMAN-28000 SHRS.</BondNm>
        <EOYBookValueAmt>28146</EOYBookValueAmt>
        <EOYFMVAmt>26964</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SERVICE CORP INTERNATIONAL/US-30000 SHRS.</BondNm>
        <EOYBookValueAmt>27508</EOYBookValueAmt>
        <EOYFMVAmt>26895</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SIMON PROPERTY GROUP LP-10000 SHRS.</BondNm>
        <EOYBookValueAmt>9805</EOYBookValueAmt>
        <EOYFMVAmt>9558</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SPIRIT AIRLINES PASS THROUGH TRUST 2015-1A-5000 SHRS.</BondNm>
        <EOYBookValueAmt>2809</EOYBookValueAmt>
        <EOYFMVAmt>2545</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>STATE STREET CORP-15000 SHRS.</BondNm>
        <EOYBookValueAmt>14820</EOYBookValueAmt>
        <EOYFMVAmt>12527</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>STEEL DYNAMICS INC-5000 SHRS.</BondNm>
        <EOYBookValueAmt>5176</EOYBookValueAmt>
        <EOYFMVAmt>4611</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SUBURBAN PROPANE PARTNERS LP/SUBURBAN ENERGY FINANCE CORP-25000 SHRS.</BondNm>
        <EOYBookValueAmt>23869</EOYBookValueAmt>
        <EOYFMVAmt>25020</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SUNOCO LP / SUNOCO FINANCE CORP-12000 SHRS.</BondNm>
        <EOYBookValueAmt>12254</EOYBookValueAmt>
        <EOYFMVAmt>11992</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SUNOCO LP / SUNOCO FINANCE CORP-13000 SHRS.</BondNm>
        <EOYBookValueAmt>11651</EOYBookValueAmt>
        <EOYFMVAmt>12122</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TELEFLEX INC-15000 SHRS.</BondNm>
        <EOYBookValueAmt>14853</EOYBookValueAmt>
        <EOYFMVAmt>14605</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TENET HEALTHCARE CORP-14000 SHRS.</BondNm>
        <EOYBookValueAmt>14530</EOYBookValueAmt>
        <EOYFMVAmt>14386</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>T-MOBILE USA INC-20000 SHRS.</BondNm>
        <EOYBookValueAmt>19740</EOYBookValueAmt>
        <EOYFMVAmt>17251</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TOLL BROTHERS FINANCE CORP-10000 SHRS.</BondNm>
        <EOYBookValueAmt>10000</EOYBookValueAmt>
        <EOYFMVAmt>9786</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TRANSDIGM INC-2000 SHRS.</BondNm>
        <EOYBookValueAmt>1948</EOYBookValueAmt>
        <EOYFMVAmt>2010</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TRANSDIGM INC-28000 SHRS.</BondNm>
        <EOYBookValueAmt>26489</EOYBookValueAmt>
        <EOYFMVAmt>26229</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TRUIST FINANCIAL CORP FXD TO 012033 VAR THRAFTR 5.122%-60000 SHRS.</BondNm>
        <EOYBookValueAmt>57316</EOYBookValueAmt>
        <EOYFMVAmt>58119</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNION PACIFIC CORP-50000 SHRS.</BondNm>
        <EOYBookValueAmt>43412</EOYBookValueAmt>
        <EOYFMVAmt>44386</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNION PACIFIC CORP-35000 SHRS.</BondNm>
        <EOYBookValueAmt>34436</EOYBookValueAmt>
        <EOYFMVAmt>35242</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNITED AIRLINES 2014-2 CLASS APASS THROUGH TRUST-10000 SHRS.</BondNm>
        <EOYBookValueAmt>5595</EOYBookValueAmt>
        <EOYFMVAmt>5140</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNITED AIRLINES 2023-1 CLASS APASS THROUGH TRUST-75000 SHRS.</BondNm>
        <EOYBookValueAmt>75000</EOYBookValueAmt>
        <EOYFMVAmt>75636</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNITED RENTALS NORTH AMERICA INC-20000 SHRS.</BondNm>
        <EOYBookValueAmt>17890</EOYBookValueAmt>
        <EOYFMVAmt>18203</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UNITED RENTALS NORTH AMERICA INC-7000 SHRS.</BondNm>
        <EOYBookValueAmt>7152</EOYBookValueAmt>
        <EOYFMVAmt>6436</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>US AIRWAYS 2013-1 CLASS A PASSTHROUGH TRUST-30000 SHRS.</BondNm>
        <EOYBookValueAmt>10805</EOYBookValueAmt>
        <EOYFMVAmt>10838</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>US BANCORP-10000 SHRS.</BondNm>
        <EOYBookValueAmt>9862</EOYBookValueAmt>
        <EOYFMVAmt>9596</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>US BANCORP-10000 SHRS.</BondNm>
        <EOYBookValueAmt>10698</EOYBookValueAmt>
        <EOYFMVAmt>9066</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>US BANCORP FXD TO 042027 VAR THRAFTR 5.3000% (DIV)-31000 SHRS.</BondNm>
        <EOYBookValueAmt>24721</EOYBookValueAmt>
        <EOYFMVAmt>27866</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VERISK ANALYTICS INC-25000 SHRS.</BondNm>
        <EOYBookValueAmt>24760</EOYBookValueAmt>
        <EOYFMVAmt>26840</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VIRGINIA ELECTRIC AND POWER CO-10000 SHRS.</BondNm>
        <EOYBookValueAmt>9843</EOYBookValueAmt>
        <EOYFMVAmt>8470</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VISA INC-15000 SHRS.</BondNm>
        <EOYBookValueAmt>15028</EOYBookValueAmt>
        <EOYFMVAmt>13196</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VULCAN MATERIALS CO-10000 SHRS.</BondNm>
        <EOYBookValueAmt>10879</EOYBookValueAmt>
        <EOYFMVAmt>9312</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WRKCO INC-15000 SHRS.</BondNm>
        <EOYBookValueAmt>15468</EOYBookValueAmt>
        <EOYFMVAmt>14336</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WYETH LLC-10000 SHRS.</BondNm>
        <EOYBookValueAmt>10721</EOYBookValueAmt>
        <EOYFMVAmt>11288</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>YUM! BRANDS INC-20000 SHRS.</BondNm>
        <EOYBookValueAmt>18649</EOYBookValueAmt>
        <EOYFMVAmt>19722</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MCDONALD S CORP 08/14/2028 4.800% CALL 07/14/2028-75000 SHRS.</BondNm>
        <EOYBookValueAmt>74239</EOYBookValueAmt>
        <EOYFMVAmt>76246</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ELI LILLY SERVICES 02/27/2033 4.700% CALL 11/27/2032 -90000 SHRS.</BondNm>
        <EOYBookValueAmt>91688</EOYBookValueAmt>
        <EOYFMVAmt>92228</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BANK AMERICA CORP 01/25/2028 5.400% CALL 07/25/2024 -110000 SHRS.</BondNm>
        <EOYBookValueAmt>110000</EOYBookValueAmt>
        <EOYFMVAmt>108107</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PFIZER 04/01/2030 2.625% CALL 01/01/2030 -150000 SHRS.</BondNm>
        <EOYBookValueAmt>134948</EOYBookValueAmt>
        <EOYFMVAmt>135600</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>APPLE INC 08/08/2029 3.250% CALL 06/08/2029 -150000 SHRS.</BondNm>
        <EOYBookValueAmt>142401</EOYBookValueAmt>
        <EOYFMVAmt>143175</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>CHEVRON 05/16/2026 2.954% CALL 02/16/2026 -150000 SHRS.</BondNm>
        <EOYBookValueAmt>143496</EOYBookValueAmt>
        <EOYFMVAmt>145262</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MERCK &amp; CO 03/07/2029 3.400% CALL 12/07/2028-150000 SHRS.</BondNm>
        <EOYBookValueAmt>143764</EOYBookValueAmt>
        <EOYFMVAmt>143700</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PEPSICO 02/18/2028 3.600% CALL 01/18/2028 -150000 SHRS.</BondNm>
        <EOYBookValueAmt>146000</EOYBookValueAmt>
        <EOYFMVAmt>146725</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>LOCKHEED MARTIN CORP 06/15/2032 3.900% CALL 03/15/2032 -150000 SHRS.</BondNm>
        <EOYBookValueAmt>148417</EOYBookValueAmt>
        <EOYFMVAmt>144768</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AMAZON COM INC NOTE 12/01/2029 4.650% CALL 10/01/2029 -150000 SHRS.</BondNm>
        <EOYBookValueAmt>149518</EOYBookValueAmt>
        <EOYFMVAmt>153857</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TORONTO DOMINION BANK SER E MTN 02/28/2025 5.574%-150000 SHRS.</BondNm>
        <EOYBookValueAmt>150000</EOYBookValueAmt>
        <EOYFMVAmt>149496</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>MORGAN STANLEY 02/01/2029 5.123% CALL 02/01/2028-150000 SHRS.</BondNm>
        <EOYBookValueAmt>151053</EOYBookValueAmt>
        <EOYFMVAmt>150870</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JOHN DEERE CAP 10/11/2029 4.850%-150000 SHRS.</BondNm>
        <EOYBookValueAmt>154865</EOYBookValueAmt>
        <EOYFMVAmt>154230</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>MOBILE TELESYSTEMS PUB JT ADR-301 SHRS.</StockNm>
        <EOYBookValueAmt>2513</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PJSC GAZPROM SPON ADR-307 SHRS.</StockNm>
        <EOYBookValueAmt>1899</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PJSC LUKOIL SPONSORED ADR-41 SHRS.</StockNm>
        <EOYBookValueAmt>2219</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SBERBANK RUSSIA-784 SHRS.</StockNm>
        <EOYBookValueAmt>2316</EOYBookValueAmt>
        <EOYFMVAmt>2400</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AIA GROUP LTD SPON ADR-151 SHRS.</StockNm>
        <EOYBookValueAmt>5332</EOYBookValueAmt>
        <EOYFMVAmt>5264</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE INC-164 SHRS.</StockNm>
        <EOYBookValueAmt>14386</EOYBookValueAmt>
        <EOYFMVAmt>31575</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ABBVIE INC COM-33.94 SHRS.</StockNm>
        <EOYBookValueAmt>2733</EOYBookValueAmt>
        <EOYFMVAmt>5259</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AIRBNB INC CL A-10.9 SHRS.</StockNm>
        <EOYBookValueAmt>1258</EOYBookValueAmt>
        <EOYFMVAmt>1484</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ACCENTURE PLC IRELAND CL A-24.93 SHRS.</StockNm>
        <EOYBookValueAmt>7970</EOYBookValueAmt>
        <EOYFMVAmt>8748</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ADOBE INC-39.51 SHRS.</StockNm>
        <EOYBookValueAmt>10284</EOYBookValueAmt>
        <EOYFMVAmt>23569</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AGREE REALTY CORP-18.06 SHRS.</StockNm>
        <EOYBookValueAmt>992</EOYBookValueAmt>
        <EOYFMVAmt>1137</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AUTODESK INC DELAWARE-20.23 SHRS.</StockNm>
        <EOYBookValueAmt>3725</EOYBookValueAmt>
        <EOYFMVAmt>4925</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICAN ELEC PWR CO INC-60.29 SHRS.</StockNm>
        <EOYBookValueAmt>5201</EOYBookValueAmt>
        <EOYFMVAmt>4896</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>A G C O CORP-3.15 SHRS.</StockNm>
        <EOYBookValueAmt>370</EOYBookValueAmt>
        <EOYFMVAmt>382</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FED AGRIC MTG NON VTG C-6.93 SHRS.</StockNm>
        <EOYBookValueAmt>550</EOYBookValueAmt>
        <EOYFMVAmt>1324</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ASSURED GUARANTY LTD-17.12 SHRS.</StockNm>
        <EOYBookValueAmt>412</EOYBookValueAmt>
        <EOYFMVAmt>1281</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ANHUI CONCH CEMENT ADR-141 SHRS.</StockNm>
        <EOYBookValueAmt>2990</EOYBookValueAmt>
        <EOYFMVAmt>1629</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALBANY INTL A NEW-8.14 SHRS.</StockNm>
        <EOYBookValueAmt>341</EOYBookValueAmt>
        <EOYFMVAmt>800</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALCON INC-144 SHRS.</StockNm>
        <EOYBookValueAmt>8191</EOYBookValueAmt>
        <EOYFMVAmt>11249</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALIGN TECHNOLOGY-3.28 SHRS.</StockNm>
        <EOYBookValueAmt>860</EOYBookValueAmt>
        <EOYFMVAmt>898</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALNYLAM PHARMACEUTICALS INC-4.07 SHRS.</StockNm>
        <EOYBookValueAmt>813</EOYBookValueAmt>
        <EOYFMVAmt>779</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
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        <StockNm>AMADEUS IT GROUP S.A ADR-98.29 SHRS.</StockNm>
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        <StockNm>BB SEGURIDADE PARTICIPACOES-554 SHRS.</StockNm>
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        <StockNm>BLACKSTONE INC-52.4 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
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        <StockNm>LOWES COMPANIES INC-31.54 SHRS.</StockNm>
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        <StockNm>L OREAL CO ADR-73.2 SHRS.</StockNm>
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        <EOYFMVAmt>6508</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MARRIOTT INTL INC NEW CL A-19.39 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MERCEDES BENZ GROUP AG ADR-494 SHRS.</StockNm>
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        <EOYFMVAmt>8533</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MICROCHIP TECHNOLOGY INC-105 SHRS.</StockNm>
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        <EOYFMVAmt>9469</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MCKESSON CORP-8.66 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MONGODB INC CL A-3.09 SHRS.</StockNm>
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        <EOYFMVAmt>1264</EOYFMVAmt>
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        <StockNm>MDC HOLDINGS INC-26.35 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MEDTRONIC PLC SHS-83.31 SHRS.</StockNm>
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        <EOYFMVAmt>6863</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MERCADOLIBRE INC-3.32 SHRS.</StockNm>
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        <EOYFMVAmt>5214</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>META PLATFORMS INC CL A-47.56 SHRS.</StockNm>
        <EOYBookValueAmt>10822</EOYBookValueAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MICHELIN COMPAGNIE GENERALE DE-550 SHRS.</StockNm>
        <EOYBookValueAmt>6480</EOYBookValueAmt>
        <EOYFMVAmt>9861</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MOL MAGYAR OLAJ GDR-521 SHRS.</StockNm>
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        <EOYFMVAmt>2128</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>M K S INSTRUMENTS-16.21 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MARTIN MARIETTA MATERIALS-13.54 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MONSTER BEVERAGE CORP NEW COM-19.78 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MONOTARO CO LTD ADR-129 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MORNINGSTAR INC COMMON-1.31 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MONOLITHIC PWR SYSTEMS INC-1.56 SHRS.</StockNm>
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        <StockNm>MERCK &amp; CO INC NEW COM-41.9 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MODERNA INC-4.16 SHRS.</StockNm>
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        <EOYFMVAmt>414</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY-14 SHRS.</StockNm>
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      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MSA SAFETY INC-6.73 SHRS.</StockNm>
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        <EOYFMVAmt>1136</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MSCI INC COM-1.33 SHRS.</StockNm>
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      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP-185.09 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MOTOROLA SOLUTIONS INC-25.22 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MITSUBISHI UFJ FINCL GRP ADS-329 SHRS.</StockNm>
        <EOYBookValueAmt>1466</EOYBookValueAmt>
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        <StockNm>MUENCHENER RUECK-UNSPONS ADR-163 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NEDBANK GRP LTD SPON ADR-222 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NORDSON CP-4.61 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NETFLIX INC-18.69 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NATIONAL GRID PLC SPON ADR-110 SHRS.</StockNm>
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        <EOYFMVAmt>7479</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ANGLO AMERN PLC SPONSORED ADR-131 SHRS.</StockNm>
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        <EOYFMVAmt>1645</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NISOURCE INC-39.8 SHRS.</StockNm>
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        <StockNm>NICE LTD ADR-16.95 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NN GROUP NV ADR-213 SHRS.</StockNm>
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        <EOYFMVAmt>4206</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SERVICENOW INC-3.71 SHRS.</StockNm>
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        <EOYFMVAmt>2623</EOYFMVAmt>
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        <StockNm>NOMURA RESH INST LTD ADR-90.27 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NESTLE SPON ADR REP REG SHR-210 SHRS.</StockNm>
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        <EOYFMVAmt>24330</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NIPPON TELEGRAPH&amp;TELEPHONE ADS-374 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>NVIDIA CORPORATION-41.22 SHRS.</StockNm>
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        <StockNm>NOVO NORDISK A/S ADR-170 SHRS.</StockNm>
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        <EOYFMVAmt>17587</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NOVARTIS AG ADR-108 SHRS.</StockNm>
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        <EOYFMVAmt>10905</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NVENT ELECTRIC PLC-20.96 SHRS.</StockNm>
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        <EOYFMVAmt>1239</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>REALTY INCOME CORP-39.64 SHRS.</StockNm>
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        <StockNm>ORGANON &amp; CO-42.57 SHRS.</StockNm>
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        <EOYFMVAmt>614</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OLYMPUS CORP ADR-419 SHRS.</StockNm>
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        <StockNm>ON SEMICONDUCTOR CORP-13.22 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ORACLE CORP-51.73 SHRS.</StockNm>
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        <EOYFMVAmt>5453</EOYFMVAmt>
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        <EOYFMVAmt>6941</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OSHKOSH CORP-29.78 SHRS.</StockNm>
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        <EOYFMVAmt>3228</EOYFMVAmt>
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        <StockNm>BANK OZK-37.3 SHRS.</StockNm>
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        <EOYFMVAmt>1858</EOYFMVAmt>
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        <StockNm>PALO ALTO NETWORKS INC-8.02 SHRS.</StockNm>
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        <EOYFMVAmt>2366</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PAYCHEX INC-17.12 SHRS.</StockNm>
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        <EOYFMVAmt>2040</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PETROLEO BRASILEIRO SA-215 SHRS.</StockNm>
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        <EOYFMVAmt>3434</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PEPSICO INC NC-52.37 SHRS.</StockNm>
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        <EOYFMVAmt>8894</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>VIBRA ENERGIA SA ADR-260 SHRS.</StockNm>
        <EOYBookValueAmt>1781</EOYBookValueAmt>
        <EOYFMVAmt>2436</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PFIZER INC-142 SHRS.</StockNm>
        <EOYBookValueAmt>5261</EOYBookValueAmt>
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        <StockNm>PROCTER &amp; GAMBLE-24.87 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PROGRESSIVE CORP OHIO-59.59 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PARKER HANNIFIN CORP-16.23 SHRS.</StockNm>
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        <EOYFMVAmt>7475</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PACKAGING CORP AMER-6.95 SHRS.</StockNm>
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        <EOYFMVAmt>1132</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PHILIP MORRIS INTL INC-86.07 SHRS.</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PNC FINL SVCS GP-61.94 SHRS.</StockNm>
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        <EOYFMVAmt>9592</EOYFMVAmt>
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        <StockNm>PING AN INSURANCE ADR-251 SHRS.</StockNm>
        <EOYBookValueAmt>3538</EOYBookValueAmt>
        <EOYFMVAmt>2273</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PT BK MANDIRI PERSERO TBK UNSP-253 SHRS.</StockNm>
        <EOYBookValueAmt>2192</EOYBookValueAmt>
        <EOYFMVAmt>3976</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PPL CORPORATION-95.36 SHRS.</StockNm>
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        <EOYFMVAmt>2584</EOYFMVAmt>
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        <StockNm>KERING S A ADR NEW-76.15 SHRS.</StockNm>
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        <EOYFMVAmt>3356</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PT ASTRA INTERNATIONAL TBK ADR-306 SHRS.</StockNm>
        <EOYBookValueAmt>2185</EOYBookValueAmt>
        <EOYFMVAmt>2246</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PT UNITED TRACTORS ADR-52.77 SHRS.</StockNm>
        <EOYBookValueAmt>2176</EOYBookValueAmt>
        <EOYFMVAmt>1551</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>POWER CORP CANADA LTD-292 SHRS.</StockNm>
        <EOYBookValueAmt>8184</EOYBookValueAmt>
        <EOYFMVAmt>8360</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>QUANTA SERVICES INC-7.81 SHRS.</StockNm>
        <EOYBookValueAmt>1449</EOYBookValueAmt>
        <EOYFMVAmt>1686</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PAPA JOHNS INTL INC-10.3 SHRS.</StockNm>
        <EOYBookValueAmt>799</EOYBookValueAmt>
        <EOYFMVAmt>785</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>QUALCOMM INC-77.41 SHRS.</StockNm>
        <EOYBookValueAmt>7448</EOYBookValueAmt>
        <EOYFMVAmt>11196</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>REGENERON PHARMACEUTICALS INC-7.5 SHRS.</StockNm>
        <EOYBookValueAmt>4840</EOYBookValueAmt>
        <EOYFMVAmt>6585</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RELX PLC SPONSORED ADR-171 SHRS.</StockNm>
        <EOYBookValueAmt>4574</EOYBookValueAmt>
        <EOYFMVAmt>6782</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ROCHE HOLDINGS ADR-189 SHRS.</StockNm>
        <EOYBookValueAmt>5699</EOYBookValueAmt>
        <EOYFMVAmt>6847</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RIO TINTO PLC SPON ADR-114 SHRS.</StockNm>
        <EOYBookValueAmt>8090</EOYBookValueAmt>
        <EOYFMVAmt>8488</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>RAYMOND JAMES FINCL INC-10.58 SHRS.</StockNm>
        <EOYBookValueAmt>471</EOYBookValueAmt>
        <EOYFMVAmt>1179</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ROCKWELL AUTOMATION INC-6.58 SHRS.</StockNm>
        <EOYBookValueAmt>1292</EOYBookValueAmt>
        <EOYFMVAmt>2042</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>ROSS STORES INC-54.73 SHRS.</StockNm>
        <EOYBookValueAmt>4310</EOYBookValueAmt>
        <EOYFMVAmt>7574</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>R P M INC-47.57 SHRS.</StockNm>
        <EOYBookValueAmt>2784</EOYBookValueAmt>
        <EOYFMVAmt>5310</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RENTOKIL INITIAL PLC ADR-177 SHRS.</StockNm>
        <EOYBookValueAmt>3846</EOYBookValueAmt>
        <EOYFMVAmt>5064</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SAFRAN SA-167 SHRS.</StockNm>
        <EOYBookValueAmt>5995</EOYBookValueAmt>
        <EOYFMVAmt>7354</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SAP AG-70.81 SHRS.</StockNm>
        <EOYBookValueAmt>8662</EOYBookValueAmt>
        <EOYFMVAmt>10947</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>STRAUMANN HLDG AG ADR-234 SHRS.</StockNm>
        <EOYBookValueAmt>2804</EOYBookValueAmt>
        <EOYFMVAmt>3770</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>STARBUCKS CORP WASHINGTON-17.04 SHRS.</StockNm>
        <EOYBookValueAmt>1773</EOYBookValueAmt>
        <EOYFMVAmt>1636</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SANDVIK AB SPONS ADR-87.12 SHRS.</StockNm>
        <EOYBookValueAmt>1602</EOYBookValueAmt>
        <EOYFMVAmt>1885</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SELECT MEDICAL HLDGS CP-40.14 SHRS.</StockNm>
        <EOYBookValueAmt>1041</EOYBookValueAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>EATON CORP PLC-420 SHRS.</StockNm>
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        <EOYFMVAmt>101144</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ENBRIDGE INC COM-1142 SHRS.</StockNm>
        <EOYBookValueAmt>45613</EOYBookValueAmt>
        <EOYFMVAmt>41135</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL MOTORS CO-805 SHRS.</StockNm>
        <EOYBookValueAmt>31110</EOYBookValueAmt>
        <EOYFMVAmt>28916</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GILEAD SCIENCES INC-532 SHRS.</StockNm>
        <EOYBookValueAmt>45257</EOYBookValueAmt>
        <EOYFMVAmt>43097</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HOME DEPOT INC-224 SHRS.</StockNm>
        <EOYBookValueAmt>71877</EOYBookValueAmt>
        <EOYFMVAmt>77627</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HONEYWELL INTERNATIONAL-263 SHRS.</StockNm>
        <EOYBookValueAmt>54974</EOYBookValueAmt>
        <EOYFMVAmt>55154</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTEL CORP-891 SHRS.</StockNm>
        <EOYBookValueAmt>25361</EOYBookValueAmt>
        <EOYFMVAmt>44773</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JEFFERIES FINANCIAL GROUP INC-1552 SHRS.</StockNm>
        <EOYBookValueAmt>56011</EOYBookValueAmt>
        <EOYFMVAmt>62716</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JOHNSON &amp; JOHNSON-360 SHRS.</StockNm>
        <EOYBookValueAmt>58257</EOYBookValueAmt>
        <EOYFMVAmt>56426</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JP MORGAN CHASE &amp; CO.-355 SHRS.</StockNm>
        <EOYBookValueAmt>47946</EOYBookValueAmt>
        <EOYFMVAmt>60385</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KENVUE INC-1491 SHRS.</StockNm>
        <EOYBookValueAmt>33836</EOYBookValueAmt>
        <EOYFMVAmt>32101</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MASTERCARD INC-70 SHRS.</StockNm>
        <EOYBookValueAmt>24667</EOYBookValueAmt>
        <EOYFMVAmt>29856</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MERCK &amp; CO INC NEW-659 SHRS.</StockNm>
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        <EOYFMVAmt>71844</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP-251 SHRS.</StockNm>
        <EOYBookValueAmt>61518</EOYBookValueAmt>
        <EOYFMVAmt>94386</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MORGAN STANLEY-831 SHRS.</StockNm>
        <EOYBookValueAmt>76397</EOYBookValueAmt>
        <EOYFMVAmt>77491</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEXTERA ENERGY INC-769 SHRS.</StockNm>
        <EOYBookValueAmt>41424</EOYBookValueAmt>
        <EOYFMVAmt>46709</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PEPSICO INCORPORATED-194 SHRS.</StockNm>
        <EOYBookValueAmt>32326</EOYBookValueAmt>
        <EOYFMVAmt>32949</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>QUALCOMM INC-567 SHRS.</StockNm>
        <EOYBookValueAmt>68658</EOYBookValueAmt>
        <EOYFMVAmt>82005</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SOUTHERN COPPER CORP-444 SHRS.</StockNm>
        <EOYBookValueAmt>29415</EOYBookValueAmt>
        <EOYFMVAmt>38215</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TARGET CORP-210 SHRS.</StockNm>
        <EOYBookValueAmt>33362</EOYBookValueAmt>
        <EOYFMVAmt>29908</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TEXAS INSTRUMENTS INC-362 SHRS.</StockNm>
        <EOYBookValueAmt>62825</EOYBookValueAmt>
        <EOYFMVAmt>61706</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>U S BANCORP DEL NEW-552 SHRS.</StockNm>
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        <EOYFMVAmt>23891</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNION PACIFIC CORP-174 SHRS.</StockNm>
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        <EOYFMVAmt>42738</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VALERO ENERGY CORP-242 SHRS.</StockNm>
        <EOYBookValueAmt>32068</EOYBookValueAmt>
        <EOYFMVAmt>31460</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="RetDoc2210400001">
      <USGovtObligationsBookVlEOYAmt>603469</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>595617</USGovtObligationsEOYFMVAmt>
      <StateLocalSecBookVlEOYAmt>0</StateLocalSecBookVlEOYAmt>
      <StateLocalSecEOYFMVAmt>0</StateLocalSecEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
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        <CategoryOrItemTxt>ISHARES CORE MSCI EMERGING-2473 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>125084</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ISHARES CORE S&amp;P 500 ETF-406 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>193918</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ISHARES RUSSELL 2000 GRWTH ETF-271 SHRS.</CategoryOrItemTxt>
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        <EOYFMVAmt>68352</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ISHARES RUSSELL MIDCAP G ETF-650 SHRS.</CategoryOrItemTxt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ISHARES RUSSELL MIDCAP V ETF-560 SHRS.</CategoryOrItemTxt>
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        <EOYFMVAmt>65122</EOYFMVAmt>
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      <InvestmentsOtherGrp>
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        <EOYFMVAmt>176828</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SPDR PORTF SHORT TERM CRP ETF-24173 SHRS.</CategoryOrItemTxt>
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        <EOYFMVAmt>719872</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ISHARES 20+ YR TREASU BOND ETF-3401 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>336291</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN EXPRESS SANDY UT CD-180000 SHRS.</CategoryOrItemTxt>
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        <BookValueAmt>180000</BookValueAmt>
        <EOYFMVAmt>178126</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GOLDMAN SACHS NEW YORK NY CD-180000 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>180000</BookValueAmt>
        <EOYFMVAmt>178126</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SALLIE MAE BK MURRAY UTAH C/D 01/21/2025 4.500%-150000 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>150000</BookValueAmt>
        <EOYFMVAmt>149311</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MORGAN STANLEY BK N A SALT LAKE CITY UTAH CD 03/17/2025 5.250%-150000 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>150000</BookValueAmt>
        <EOYFMVAmt>150609</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DISCOVER BANK CD 05/02/2025 4.700%-150000 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>150000</BookValueAmt>
        <EOYFMVAmt>149715</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MORGAN STANLEY BANK NA SALT LAKE CITY UT CD 05/12/2025 4.850%-100000 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>100000</BookValueAmt>
        <EOYFMVAmt>100036</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>UBS BK USA SALT LAKE CITY UT CD 01/26/2026 4.250%-150000 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>150000</BookValueAmt>
        <EOYFMVAmt>149104</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN EXPRESS BA UT 03/23/2026 5.000%-150000 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>150000</BookValueAmt>
        <EOYFMVAmt>151373</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ISHARES CORE S&amp;P SMALL CAP ETF-2658 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>262935</BookValueAmt>
        <EOYFMVAmt>287729</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD FTSE DEV MKTS ETF-11118 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>480967</BookValueAmt>
        <EOYFMVAmt>532552</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESCO ULTRA SHORT DURATION ETF-842 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>41824</BookValueAmt>
        <EOYFMVAmt>41999</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD TOTAL BOND MKT ETF-2369 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>171137</BookValueAmt>
        <EOYFMVAmt>174240</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>WEYERHAEUSER CO-1299 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>41154</BookValueAmt>
        <EOYFMVAmt>45166</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VERSUS CAPITAL REAL ASSETS FUND-18481.47 SHRS.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>504188</BookValueAmt>
        <EOYFMVAmt>513046</EOYFMVAmt>
      </InvestmentsOtherGrp>
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        <CategoryTxt>SHERMAN ATLAS SYLVESTER &amp; STAMELMAN LLP</CategoryTxt>
        <LegalFeesAmt>41982</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>41982</DisbursementsCharitablePrpsAmt>
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    </LegalFeesSchedule>
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        <Desc>INSURANCE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>5719</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5719</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>IT AND WEBSITE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>3203</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3203</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>338</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>40</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>298</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OTHER INVESTMENT EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>1657</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1657</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>STORAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>5777</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5777</DisbursementsCharitablePrpsAmt>
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        <Desc>ROYALTIES</Desc>
        <RevenueAndExpensesPerBooksAmt>86357</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>86357</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>86357</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>OTHER INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>-7925</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-7925</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-7925</AdjustedNetIncomeAmt>
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        <NetInvestmentIncomeAmt>115182</NetInvestmentIncomeAmt>
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      <OtherProfessionalFeesDetail>
        <CategoryTxt>OTHER PROFESSIONAL FEES</CategoryTxt>
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        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5878</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>SHERMAN ATLAS SYLVESTER &amp; STAMELMAN LLP</CategoryTxt>
        <Amt>91007</Amt>
        <NetInvestmentIncomeAmt>3150</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>87857</DisbursementsCharitablePrpsAmt>
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      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
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        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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</Return>
