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        <PersonNm>GAIL HUTCHINSON</PersonNm>
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        <PersonNm>INEZ GARDNER</PersonNm>
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        <PersonNm>SHAREE L MYRICKS</PersonNm>
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        <PersonNm>MARQUITA MCGHEE</PersonNm>
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        <FormAndLineReferenceDesc>List of grants and similar amounts paid Part I line 10</FormAndLineReferenceDesc>
        <ExplanationTxt>Activity CHARITABLE ORGANIZATIONS Grantee HBCU, ED ADVANCEMENT FUND, VARIOUS Amount 22,975Activity SCHOLARSHIPS Grantee 14 INDIVIDUAL COLLEGE STUDENTS Amount 31,000</ExplanationTxt>
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        <FormAndLineReferenceDesc>Description of other expenses Part I line 16</FormAndLineReferenceDesc>
        <ExplanationTxt>Description AmountADMINISTRATION 12,844INSURANCE 1,612TECHNOLOGY 30GOVERNMENT FEES 130BANK FEES 300</ExplanationTxt>
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        <FormAndLineReferenceDesc>Other changes in net assets or fund balances Part I line 20</FormAndLineReferenceDesc>
        <ExplanationTxt>Description AmountUNREALIZED GAIN IN INVESTMENTS 517</ExplanationTxt>
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        <FormAndLineReferenceDesc>Description of other assets Part II line 24</FormAndLineReferenceDesc>
        <ExplanationTxt>Category Beginning of Year End of YearPREPAID EXPENSE 3,274 3,274</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part III response or note to any other line in Part III</FormAndLineReferenceDesc>
        <ExplanationTxt>The foundations purpose is to financially support the programs of Alpha Kappa Alpha Sorority, Incorporated, Delta Chi Omega Chapter and other porgrams that promote education, economic empowerment, health and the importance of family. The Ivy Pearl Foundation, Inc. raises funds through member dues and fundraising efforts. The Foundation meets a minimum of four times each year to consider organizational matters, program grant proposals and develop fundraising strategies.</ExplanationTxt>
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