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            <StateAbbreviationCd>IN</StateAbbreviationCd>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MARY T LOGHMANI</PersonNm>
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            <CityNm>INDIANAPOLIS</CityNm>
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          <PersonNm>SARAH B TABESH</PersonNm>
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            <CityNm>INDIANAPOLIS</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>46240</ZIPCd>
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          <PersonNm>NATHAN T LOGHMANI</PersonNm>
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        <ContributingManagerNm>ZIA LOGHMANI</ContributingManagerNm>
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          <RecipientPersonNm>VAFA FOUNDATION INC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>8349 UNION CHAPEL ROAD</AddressLine1Txt>
            <CityNm>INDIANAPOLIS</CityNm>
            <StateAbbreviationCd>IN</StateAbbreviationCd>
            <ZIPCd>46240</ZIPCd>
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          <RecipientPhoneNum>3173347744</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>THE FOUNDATION HAS NOT YET DEVELOPED APPLICATIONS FOR SCHOLARSHIPS AND OTHER EDUCATIONAL GRANTS. IN THE FUTURE, HOWEVER, THE FOUNDATION MAY USE APPLICATIONS THAT INCLUDE SOME OR ALL OF THE FOLLOWING: A TRANSCRIPT OF PRIOR ACADEMIC, MUSICAL, LITERARY, AND/OR OTHER ACHIEVEMENTS, DEPENDING ON THE TYPE OF SCHOLARSHIP OR OTHER EDUCATIONAL GRANT TO BE AWARDED. A REPORT OF PERFORMANCE ON TESTS DESIGNED TO MEASURE ABILITY AND APTITUDE. A DESCRIPTION OF FINANCIAL NEED. AN ESSAY WRITTEN BY THE APPLICANT DESCRIBING THE APPLICANT'S INTERESTS AND ASPIRATIONS. A DESCRIPTION OF PAST INVOLVEMENT IN EXTRACURRICULAR ACTIVITIES. A LIST OF HONORS AND RECOGNITIONS. WRITTEN RECOMMENDATIONS BY INDIVIDUALS NOT RELATED TO THE APPLICANT. THE NAMES OF THE EDUCATIONAL INSTITUTIONS TO WHICH THE APPLICANT INTENDS TO APPLY.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>ONGOING</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>WITH RESPECT TO SCHOLARSHIPS AWARDED FOR REGULAR STUDY AT AN EDUCATIONAL INSTITUTION, EACH SUCH SCHOLARSHIP GENERALLY WILL CONTINUE FOR THE DESIGNATED TERM OF THE SCHOLARSHIP DURING THE RECIPIENT'S COURSE OF STUDY AT SUCH INSTITUTION, SO LONG AS THE RECIPIENT MAINTAINS SATISFACTORY PROGRESS TOWARD COMPLETION OF HIS OR HER COURSE OF STUDY AND OTHERWISE CONFORMS TO THE TERMS AND CONDITIONS OF THIS PROCEDURE. WITH RESPECT TO SCHOLARSHIPS AND OTHER EDUCATIONAL GRANTS USED TO ACHIEVE A SPECIFIC; OBJECTIVE OR TO ENHANCE RECIPIENTS' CAPACITIES OR SKILLS, THE FOUNDATION WILL USE THE SUPERVISION PROCEDURES DESCRIBED BELOW TO ENSURE THAT RECIPIENTS USE SUCH SCHOLARSHIPS AND OTHER EDUCATIONAL GRANTS ONLY FOR THE PURPOSE OF DEVELOPING FULLY AND PRODUCTIVELY THEIR EXCEPTIONAL TALENTS.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MONA FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>218 MAIN STREET 404</AddressLine1Txt>
            <CityNm>KIRKLAN</CityNm>
            <StateAbbreviationCd>WA</StateAbbreviationCd>
            <ZIPCd>98033</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO THE GENERAL OPERATING FUND FOR THE PURPOSE OF SCHOLARSHIP.</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BADI FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>RUO DO MINHO TAIPA</AddressLine1Txt>
            <CityNm>TAIPA</CityNm>
            <ProvinceOrStateNm>MACAU</ProvinceOrStateNm>
            <CountryCd>CH</CountryCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO THE GENERAL OPERATING FUND FOR THE PURPOSE OF SCHOLARSHIP- GIVEN TO AN ORGANIZATION IN CHINA RECOGNIZED AS A CHARITY BY CHINESE LAW</GrantOrContributionPurposeTxt>
          <Amt>10100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>15100</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1545</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>6311</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>7856</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>7856</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>125</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <ExpenditureResponsibilityStmt documentId="RetDoc2118100001">
      <ExpenditureResponsibilityGrp>
        <BusinessName>
          <BusinessNameLine1Txt>BADI FOUNDATION</BusinessNameLine1Txt>
        </BusinessName>
        <ForeignAddress>
          <AddressLine1Txt>RUO DO MINHO</AddressLine1Txt>
          <CityNm>TAIPA</CityNm>
          <ProvinceOrStateNm>MACAU</ProvinceOrStateNm>
          <CountryCd>CH</CountryCd>
        </ForeignAddress>
        <GrantDt>2022-12-15</GrantDt>
        <GrantAmt>10100</GrantAmt>
        <PurposeOfGrantTxt>THE BADI FOUNDATION DESIGNS AND IMPLEMENTS EDUCATIONAL AND TRAINING PROGRAMS THAT EMPOWER AND BUILD CAPACITY IN LOCAL POPULATIONS TO INITIATE DEVELOPMENT EFFORTS IN THEIR COMMUNITIES IN A MANNER THAT ALLOWS FOR A GRADUAL INCREASE IN SIZE AND COMPLEXITY. THE OBJECTIVE OF THE BADI FOUNDATION IS TO CONTRIBUTE, HOWEVER MODESTLY, TO THE ACHIEVEMENT OF BALANCED DEVELOPMENT IN CHINA. THE APPROACH TO DEVELOPMENT IS BASED ON THE FIRM CONVICTION IN THE DESIRE AND POTENTIAL OF LOCAL PEOPLE TO UPLIFT THEMSELVES AND CONTRIBUTE TO THE SOCIAL AND ECONOMIC ADVANCEMENT OF THEIR COMMUNITIES. THE DECISION TO CONTRIBUTE WAS BASED ON THE FINANCIAL REPORT PROVIDED TO VAFA FOUNDATION, AND BY DECISION OF THE BOARD OF DIRECTORS. NO AMOUNTS CONTRIBUTED TO BADI FOUNDATION WERE USED FOR ANY PURPOSE OTHER THAN DESCRIBED ABOVE.</PurposeOfGrantTxt>
        <ExpendedByGranteeAmt>10100</ExpendedByGranteeAmt>
        <DatesOfReportsByGranteeTxt>08/15/23</DatesOfReportsByGranteeTxt>
      </ExpenditureResponsibilityGrp>
    </ExpenditureResponsibilityStmt>
    <GeneralExplanationAttachment documentId="RetDoc2258700001">
      <GeneralExplanationGrp>
        <FormAndLineReferenceDesc>FORM 990-PF, PART VI-B, LINES 1A(3) AND 1B</FormAndLineReferenceDesc>
        <MediumExplanationTxt>PART VI-B, LINE 1A(3) HAS BEEN ANSWERED "YES" BECAUSE ZIA LOGHMANI IS A SUBSTANTIAL CONTRIBUTOR TO THE VAFA FOUNDATION, INC. AND IS THEREFORE DISQUALIFIED PERSON. HE PROVIDES "SERVICE" TO THE ORGANIZATION BY, ON A VOLUNTEER BASIS, KEEPING ITS BOOKS AND SERVING ON ITS BOARD. LINE 1B IS ANSWERED "NO" BECAUSE THESE SERVICES ARE EXCEPTED BY THE REGULATIONS UNDER SECTION 4941.</MediumExplanationTxt>
      </GeneralExplanationGrp>
    </GeneralExplanationAttachment>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>FRANKLIN GROWTH FUND CL C</StockNm>
        <EOYBookValueAmt>13666</EOYBookValueAmt>
        <EOYFMVAmt>14882</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FRANKLIN MUT GLBL DSCV FD CL C</StockNm>
        <EOYBookValueAmt>13986</EOYBookValueAmt>
        <EOYFMVAmt>13149</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FRANKLIN RISING DIVIDENDS FD C</StockNm>
        <EOYBookValueAmt>11649</EOYBookValueAmt>
        <EOYFMVAmt>17545</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JPMORGAN EQUITY INCOME FUND C</StockNm>
        <EOYBookValueAmt>13644</EOYBookValueAmt>
        <EOYFMVAmt>21084</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JPMORGAN GROWTH ADVANTAGE FD C</StockNm>
        <EOYBookValueAmt>21779</EOYBookValueAmt>
        <EOYFMVAmt>22876</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TEMPLETON GLOBAL SMALLER COS C</StockNm>
        <EOYBookValueAmt>11230</EOYBookValueAmt>
        <EOYFMVAmt>10402</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PGIM CORE BOND C</StockNm>
        <EOYBookValueAmt>10474</EOYBookValueAmt>
        <EOYFMVAmt>8821</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PGIM INCOME BUILDER C</StockNm>
        <EOYBookValueAmt>14658</EOYBookValueAmt>
        <EOYFMVAmt>13920</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PGIM TOTAL RETURN BOND C</StockNm>
        <EOYBookValueAmt>10881</EOYBookValueAmt>
        <EOYFMVAmt>8716</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherIncreasesSchedule documentId="RetDoc2049700001">
      <OtherIncreasesDetail>
        <Desc>COST BASIS ADJUSTMENT</Desc>
        <Amt>172</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>NON-DIVIDEND DISTRIBUTIONS</Desc>
        <Amt>7</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>BROKERAGE FEES</CategoryTxt>
        <Amt>100</Amt>
        <NetInvestmentIncomeAmt>100</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>37</Amt>
        <NetInvestmentIncomeAmt>37</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
