<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2022v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2023-09-13T11:55:12-04:00</ReturnTs>
    <TaxPeriodEndDt>2023-01-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>232662877</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>BOSTON &amp; ASSOCIATES PC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>136 GARRETT AVE STE 1</AddressLine1Txt>
        <CityNm>BRYN MAWR</CityNm>
        <StateAbbreviationCd>PA</StateAbbreviationCd>
        <ZIPCd>190101359</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2022-02-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>833820341</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>SUSAN J ELLIS FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>SUSA</BusinessNameControlTxt>
      <PhoneNum>9999999999</PhoneNum>
      <USAddress>
        <AddressLine1Txt>8016 ANDERSON STREET</AddressLine1Txt>
        <CityNm>PHILADELPHIA</CityNm>
        <StateAbbreviationCd>PA</StateAbbreviationCd>
        <ZIPCd>19118</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>KRISTIN FLOYD</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>9999999999</PhoneNum>
      <SignatureDt>2023-09-12</SignatureDt>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>KRISTIN</PersonFirstNm>
        <PersonLastNm>FLOYD</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>PAUL B BOSTON CPA</PreparerPersonNm>
      <PTIN>P01210098</PTIN>
      <PhoneNum>6105273564</PhoneNum>
      <PreparationDt>2023-09-13</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2022</TaxYr>
    <BuildTS>2023-04-26 12:10:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="RetDoc11">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>835300</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>38250</ContriRcvdRevAndExpnssAmt>
        <DividendsRevAndExpnssAmt>17460</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>17460</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>28431</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>28431</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>28431</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc7">19473</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeAdjNetIncmAmt>19473</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>103614</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>45891</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>19473</TotalAdjNetIncmAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="RetDoc4">875</LegalFeesRevAndExpnssAmt>
        <LegalFeesAdjNetIncmAmt>875</LegalFeesAdjNetIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc8">52964</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesAdjNetIncmAmt>14727</OtherProfFeesAdjNetIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>38237</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc10">79</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>79</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc6">3871</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesAdjNetIncmAmt>3871</OtherExpensesAdjNetIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>57789</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>79</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>19473</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>38237</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>0</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>0</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>57789</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>79</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>19473</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>38237</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>45825</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>45812</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>7099</CashBOYAmt>
        <CashEOYAmt>16704</CashEOYAmt>
        <CashEOYFMVAmt>16704</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>104473</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>140694</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>140694</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>778844</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc3">677902</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>677902</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>890416</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>835300</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>835300</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>890416</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>835300</NoDonorRstrNetAssestsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>890416</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>835300</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>890416</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>835300</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>890416</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>45825</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>936241</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc5">100941</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>835300</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapitalGainNetIncomeAmt>28431</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>637</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>637</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>637</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>26</EstimatedPlusOvpmtIncmTxAmt>
        <ExtsnRequestIncomeTaxPaidAmt>650</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>676</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc2">X</Form2220AttachedInd>
        <EsPenaltyAmt>15</EsPenaltyAmt>
        <OverpaymentAmt>24</OverpaymentAmt>
        <AppliedToESTaxAmt>24</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>PA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd referenceDocumentId="RetDoc9">true</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>HTTPS://SUSANJELLIS.FOUNDATION</WebsiteAddressTxt>
        <IndividualWithBooksNm>KRISTIN FLOYD</IndividualWithBooksNm>
        <PhoneNum>9999999999</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>C/O SUSAN J ELLIS FOUNDATION</AddressLine1Txt>
          <AddressLine2Txt>PO BOX 9981</AddressLine2Txt>
          <CityNm>PHILADELPHIA</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>19118</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KRISTIN FLOYD</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O SUSAN J ELLIS FOUNDATION</AddressLine1Txt>
            <AddressLine2Txt>PO BOX 9981</AddressLine2Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19118</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BETSY MCFARLAND</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O SUSAN J ELLIS FOUNDATION</AddressLine1Txt>
            <AddressLine2Txt>PO BOX 9981</AddressLine2Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19118</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SARAHJANE REHNBORG PHD CVA</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O SUSAN J ELLIS FOUNDATION</AddressLine1Txt>
            <AddressLine2Txt>PO BOX 9981</AddressLine2Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19118</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ERIN REBECCA SPINK MA</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O SUSAN J ELLIS FOUNDATION</AddressLine1Txt>
            <AddressLine2Txt>PO BOX 9981</AddressLine2Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19118</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MELISSA HEINLEIN STORTI PHD CAVS</PersonNm>
          <USAddress>
            <AddressLine1Txt>C/O SUSAN J ELLIS FOUNDATION</AddressLine1Txt>
            <AddressLine2Txt>PO BOX 9981</AddressLine2Txt>
            <CityNm>PHILADELPHIA</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19118</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>702381</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>122194</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>824575</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>824575</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>12369</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>812206</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>40610</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>40610</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>637</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>637</TotalTaxAmt>
        <DistributableBeforeAdjAmt>39973</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>39973</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>39973</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>38237</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>38237</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>39973</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr2Amt>11658</ExcessDistributionCyovYr2Amt>
        <TotalExcessDistributionCyovAmt>11658</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>38237</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>38237</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>1736</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>1736</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>9922</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>9922</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear2Amt>9922</ExcessFromYear2Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <ProgramServiceRevenueDtl>
          <Desc>SUBSCRIPTIONS</Desc>
          <RelatedOrExemptFunctionIncmAmt>19473</RelatedOrExemptFunctionIncmAmt>
        </ProgramServiceRevenueDtl>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>17460</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>28431</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>45891</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>19473</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>65364</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>1A</LineNumberTxt>
          <RelationshipStatementTxt>THE SUBSCRIPTION REVENUE IS A MEANS BY WHICH THE ORGANIZATION ACCOMPLISHES ITS EDUCATION AND RESEARCH ACTIVITIES PURPOSE.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>ESTATE OF SUSAN J ELLIS</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>C/O KRISTIN FLOYD EXECUTOR</AddressLine1Txt>
          <AddressLine2Txt>8016 ANDERSON STREET</AddressLine2Txt>
          <CityNm>PHILADELPHIA</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>19118</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>38250</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>FIDELITY ASSET MANAGER</StockNm>
        <EOYBookValueAmt>677902</EOYBookValueAmt>
        <EOYFMVAmt>677902</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="RetDoc4">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>875</LegalFeesAmt>
        <AdjustedNetIncomeAmt>875</AdjustedNetIncomeAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherDecreasesSchedule documentId="RetDoc5">
      <OtherDecreasesDetail>
        <Desc>UNREALIZED LOSS</Desc>
        <Amt>100941</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SOFTWARE &amp; APPLICATIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>2945</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>2945</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CREDIT CARD FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>69</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>69</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SHIPPING</Desc>
        <RevenueAndExpensesPerBooksAmt>66</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>66</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SERVER &amp; DOMAINS</Desc>
        <RevenueAndExpensesPerBooksAmt>512</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>512</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>279</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>279</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc7">
      <OtherIncomeDetail>
        <Desc>SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>19473</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>19473</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="RetDoc8">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ARCHIVIST</CategoryTxt>
        <Amt>5600</Amt>
        <DisbursementsCharitablePrpsAmt>5600</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>WEBSITE DEVELOPMENT SERVICES</CategoryTxt>
        <Amt>9708</Amt>
        <AdjustedNetIncomeAmt>9708</AdjustedNetIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>EDITORIAL SERVICES</CategoryTxt>
        <Amt>37656</Amt>
        <AdjustedNetIncomeAmt>5019</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>32637</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <SubstantialContributorsSch documentId="RetDoc9">
      <SubstantialContributorDetail>
        <PersonNm>ESTATE OF SUSAN J ELLIS</PersonNm>
        <USAddress>
          <AddressLine1Txt>8016 ANDERSON STREET</AddressLine1Txt>
          <CityNm>PHILADELPHIA</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>19118</ZIPCd>
        </USAddress>
      </SubstantialContributorDetail>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="RetDoc10">
      <TaxesDetail>
        <CategoryTxt>INDIRECT TAXES</CategoryTxt>
        <Amt>79</Amt>
        <NetInvestmentIncomeAmt>79</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
