<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2020v4.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2022-02-22T14:59:43-06:00</ReturnTs>
    <TaxPeriodEndDt>2020-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>561734188</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>MANNING FULTON &amp; SKINNER PA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>PO BOX 20389</AddressLine1Txt>
        <CityNm>RALEIGH</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>27619</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2020-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>582233144</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>GEORGE AND FRANCES LONDON EDUCATIONAL</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>FOUNDATION</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>GEOR</BusinessNameControlTxt>
      <PhoneNum>9197878880</PhoneNum>
      <USAddress>
        <AddressLine1Txt>POST OFFICE BOX 20389</AddressLine1Txt>
        <CityNm>RALEIGH</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>276190389</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>DAVID D DAHL</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>9197878880</PhoneNum>
      <SignatureDt>2022-02-22</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>DAVID</PersonFirstNm>
        <PersonLastNm>DAHL</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>DEBORAH L HILDEBRAN</PreparerPersonNm>
      <PTIN>P01340297</PTIN>
      <PhoneNum>9197878880</PhoneNum>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>3</TrustedCustomerCd>
        <AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
        <IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2020</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="5">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>7667188</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>1278</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>1278</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>213571</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>213571</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>301087</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>719840</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>301087</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>515936</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>515936</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002100001">76419</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>76419</LegalFeesNetInvstIncmAmt>
        <LegalFeesDsbrsChrtblAmt>0</LegalFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">3276</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>3276</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>0</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">249</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>249</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>0</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>79944</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>79944</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>395000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>395000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>474944</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>79944</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>395000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>40992</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>435992</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>501915</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>198812</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>298812</SavAndTempCashInvstEOYFMVAmt>
        <AcctRcvblAmt>1998</AcctRcvblAmt>
        <AcctRcvblBOYAmt>1998</AcctRcvblBOYAmt>
        <AcctRcvblEOYAmt>1998</AcctRcvblEOYAmt>
        <AcctRcvblEOYFMVAmt>1998</AcctRcvblEOYFMVAmt>
        <CorporateStockBOYAmt>6211870</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">6555965</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>7366378</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>6715783</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>6756775</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>7667188</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>0</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>0</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>0</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>0</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>6715783</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>6756775</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>6715783</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>6756775</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>6715783</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>6756775</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>6715783</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>40992</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>6756775</SubtotalAmt>
        <OtherDecreasesAmt>0</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>6756775</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CARRIER GLOBAL CORP REG</PropertyDesc>
          <AcquiredDt>2009-09-25</AcquiredDt>
          <SoldDt>2020-10-08</SoldDt>
          <GrossSalesPriceAmt>26397</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>23334</CostOrOtherBasisAmt>
          <GainOrLossAmt>3063</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3063</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CATERPILLAR INC DEL</PropertyDesc>
          <AcquiredDt>2018-08-14</AcquiredDt>
          <SoldDt>2020-10-08</SoldDt>
          <GrossSalesPriceAmt>61286</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>55961</CostOrOtherBasisAmt>
          <GainOrLossAmt>5325</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5325</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NATIONAL GRID PLC</PropertyDesc>
          <AcquiredDt>2019-09-26</AcquiredDt>
          <SoldDt>2020-10-08</SoldDt>
          <GrossSalesPriceAmt>169389</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>154896</CostOrOtherBasisAmt>
          <GainOrLossAmt>14493</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>14493</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>OTIS WORLDWIDE CORP</PropertyDesc>
          <AcquiredDt>2009-09-25</AcquiredDt>
          <SoldDt>2020-10-08</SoldDt>
          <GrossSalesPriceAmt>32212</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>34986</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2774</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2774</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CARRIER GLOBAL CORP REG</PropertyDesc>
          <AcquiredDt>2009-09-25</AcquiredDt>
          <SoldDt>2020-10-08</SoldDt>
          <GrossSalesPriceAmt>120638</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>42606</CostOrOtherBasisAmt>
          <GainOrLossAmt>78032</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>78032</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INTL BUSINESS MACHINES CORP</PropertyDesc>
          <AcquiredDt>2009-09-25</AcquiredDt>
          <SoldDt>2020-10-08</SoldDt>
          <GrossSalesPriceAmt>77336</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6591</CostOrOtherBasisAmt>
          <GainOrLossAmt>70745</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>70745</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>JPMORGAN CHASE &amp; CO</PropertyDesc>
          <AcquiredDt>2004-03-08</AcquiredDt>
          <SoldDt>2020-10-08</SoldDt>
          <GrossSalesPriceAmt>84673</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>36499</CostOrOtherBasisAmt>
          <GainOrLossAmt>48174</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>48174</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>OTIS WORLDWIDE CORP</PropertyDesc>
          <AcquiredDt>2009-09-25</AcquiredDt>
          <SoldDt>2020-04-13</SoldDt>
          <GrossSalesPriceAmt>23</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>16</CostOrOtherBasisAmt>
          <GainOrLossAmt>7</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>7</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>OTIS WORLDWIDE CORP</PropertyDesc>
          <AcquiredDt>2009-09-25</AcquiredDt>
          <SoldDt>2020-10-08</SoldDt>
          <GrossSalesPriceAmt>128176</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>63864</CostOrOtherBasisAmt>
          <GainOrLossAmt>64312</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>64312</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAINS DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>19710</GrossSalesPriceAmt>
          <GainOrLossAmt>19710</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>19710</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>301087</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>6060</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>6060</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>6060</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>13201</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>0</ExtsnRequestIncomeTaxPaidAmt>
        <BackupWithholdingWithheldAmt>0</BackupWithholdingWithheldAmt>
        <TotalPaymentsAndCreditsAmt>13201</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>0</EsPenaltyAmt>
        <OverpaymentAmt>7141</OverpaymentAmt>
        <AppliedToESTaxAmt>7141</AppliedToESTaxAmt>
        <RefundAmt>0</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>NC</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>NONE</WebsiteAddressTxt>
        <IndividualWithBooksNm>DAVID D DAHL</IndividualWithBooksNm>
        <PhoneNum>9197878880</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>3605 GLENWOOD AVENUE SUITE 500</AddressLine1Txt>
          <CityNm>RALEIGH</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>27612</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>1</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>0</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>1</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>0</TransactionsFailToQlfyAsExcInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DAVID D DAHL</PersonNm>
          <USAddress>
            <AddressLine1Txt>POST OFFICE BOX 20389</AddressLine1Txt>
            <CityNm>RALEIGH</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>276190389</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SANDRA MARTIN CLARK</PersonNm>
          <USAddress>
            <AddressLine1Txt>POST OFFICE BOX 20389</AddressLine1Txt>
            <CityNm>RALEIGH</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>276190389</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MATTHEW C DAHL</PersonNm>
          <USAddress>
            <AddressLine1Txt>POST OFFICE BOX 20389</AddressLine1Txt>
            <CityNm>RALEIGH</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>276190389</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>6759905</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>472795</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>7232700</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>7232700</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>108491</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>7124209</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>356210</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>356210</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>6060</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>6060</TotalTaxAmt>
        <DistributableBeforeAdjAmt>350150</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>350150</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>350150</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>395000</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>395000</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>395000</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>350150</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>86060</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>395000</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>86060</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>308940</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>41210</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>DAVID D DAHL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>POST OFFICE BOX 20389</AddressLine1Txt>
            <CityNm>RALEIGH</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27619</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>9197878880</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>APPLICATION IS ON FILE WITH INTERNAL REVENUE SERVICE AND IS UNCHANGED FROM PRIOR YEARS. APPLICATION IS MADE BY STUDENT'S SCHOOL'S COMMITTEE BASED UPON MERIT AND SCHOLASTIC POTENTIAL FOR POST SECONDARY EDUCATIONAL SUCCESS.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>SPRING OF HIGH SCHOOL SENIOR'S ACADEMIC YEAR</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>LONDON SCHOLARSHIP GUIDELINES HAVE BEEN PREVIOUSLY SUPPLIED AND ARE UNCHANGED FROM PRIOR YEARS.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NY'ASIA JA'LYN KEE-DAYE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>108 FLYTHE STREET</AddressLine1Txt>
            <CityNm>CONWAY</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27820</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT PEMBROKE</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>TAYLA MAE MILLSAPS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>110 MASSEY BRANCH ROAD</AddressLine1Txt>
            <CityNm>ROBBINSVILLE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28771</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - WESTERN CAROLINA UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>JOHN PARKER BETTS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1202 RIVERSIDE AVENUE</AddressLine1Txt>
            <CityNm>ELIZABETH CITY</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27909</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>DUKE UNIVERSITY SPONSORSHIP</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BROOKE ASHLEY SUERMANN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1287 CENTER HILL HWY</AddressLine1Txt>
            <CityNm>HERTFORD</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27944</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>LAUREN ELIZABETH WINSLOW</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>129 DEERVIEW DRIVE</AddressLine1Txt>
            <CityNm>HERTFORD</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27944</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP THROUGH PERQUIMANS COUNTY SCHOOL FOUNDATION</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>JANESHA LAVELL BRADSHAW</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>130 FIRMAN MYRICK STREET</AddressLine1Txt>
            <CityNm>GASTONIA</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27832</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - CHOWAN UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CARSON FARROW O'NEAL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>150 CEDAR ROAD</AddressLine1Txt>
            <CityNm>OCRACOKE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27960</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>DAVID CHASE GREENWELL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>151 COUNTRY LANE</AddressLine1Txt>
            <CityNm>COFIELD</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27922</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>VICTORIA MICHELLE RICHARDSON</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>151 GREENTOWN AVENUE</AddressLine1Txt>
            <CityNm>WARRENTON</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27590</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>WARREN COUNTY SCHOOLS FOR VICTORIA MICHELLE RICHARDSON COLLEGE FUNDS</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>HAILEY NICOLE CAMPBELL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1620 NEILL SINCLAIR ROAD</AddressLine1Txt>
            <CityNm>RAEFORD</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28376</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KIMBERLY LABRA-FRANCO</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>163 GIBSON LANE</AddressLine1Txt>
            <CityNm>WARRENTON</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27589</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ELIJAH WOOD BASSETT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1633 LOWER STECOAH ROAD</AddressLine1Txt>
            <CityNm>ROBBINSVILLE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28771</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>RHONIE MAKENZIE COOPER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>197 HENRY COOPER LANE</AddressLine1Txt>
            <CityNm>RED SPRINGS</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28377</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KASEY LYNN COOPER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>197 HENRY COOPER LANE</AddressLine1Txt>
            <CityNm>RED SPRINGS</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28377</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - PEMBROKE UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ROSS HOWARD RICHARSON</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>200 DIAMOND STREET</AddressLine1Txt>
            <CityNm>MURFREESBORO</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27855</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - NORTH CAROLINA A &amp; T UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ANNE CLAIRE FOREMAN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2108 RIVERSHORE ROAD</AddressLine1Txt>
            <CityNm>ELIZABETH CITY</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27909</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>YESENIA PINEDA REYES</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2388 DEBERRY MILL ROAD</AddressLine1Txt>
            <CityNm>PENDLETON</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27862</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SHATIECE MONET STARKS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2721 GRESSIT POINT LANE</AddressLine1Txt>
            <CityNm>FAYETTEVILLE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28606</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - EAST CAROLINA UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SYDNEY MORGAN HOLLOWEL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>300 RHONDA ROAD</AddressLine1Txt>
            <CityNm>ELIZABETH CITY</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27904</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - EAST CAROLINA UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SADE JAYLIN PROCTOR</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>306 LEE STREET</AddressLine1Txt>
            <CityNm>LEWISTON</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27849</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>JAZMINE MONIQUE BUNCH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>31 PARKWOOD DRIVE</AddressLine1Txt>
            <CityNm>AHOSKIE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27910</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MAGGIE ELIZABETH WILLIAMS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>431 HUNTERS FORK ROAD</AddressLine1Txt>
            <CityNm>TYNER</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27980</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ELIZABETH IVY RANKIN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4633 SANTEETLAH ROAD</AddressLine1Txt>
            <CityNm>ROBBINSVILLE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28771</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - WESTERN CAROLINA UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ALEAH NICOLE ALSTON</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>506 GIBBS AVENUE</AddressLine1Txt>
            <CityNm>HOLLISTER</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27844</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - EAST CAROLINA UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>TIYONNA RENAYE HORTON</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>538 SNIPES STREET</AddressLine1Txt>
            <CityNm>AHOSKIE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27910</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - EAST CAROLINA UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CALISTA GRACE CHASTAIN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>55 HILLSIDE TERRACE</AddressLine1Txt>
            <CityNm>WARNE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28909</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>DARVIN CONTRERAS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>71 OLD PONY LANE PO BOX 1182</AddressLine1Txt>
            <CityNm>OCRACOKE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27960</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KALAI JAY SAMICK</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>79 SANDDUNE TR</AddressLine1Txt>
            <CityNm>OCRACOKE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27960</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BAILEY GRACE JOHNSON</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>81 LUDLUM WAY</AddressLine1Txt>
            <CityNm>HAYESVILLE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28904</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>HILLARY DANIELLE OWENS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>850 CHATUGE LANE</AddressLine1Txt>
            <CityNm>HAYESVILLE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28904</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>JERRI A ROPER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>89 E BUFFALO ROAD</AddressLine1Txt>
            <CityNm>ROBBINSVILLE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28771</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - STANFORD UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>JACK TURHAN STUCKEY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>922 BUFF CREEK ROAD</AddressLine1Txt>
            <CityNm>SYLVA</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28779</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - WESTERN CAROLINA UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BRYAN ALEXANDER BRIM</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>9445 AURELINA SPRINGS ROAD</AddressLine1Txt>
            <CityNm>LITTLETON</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27850</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - NORTH CAROLINA CENTRAL UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MILAGRO RAQUEL ORTIZ</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 1092</AddressLine1Txt>
            <CityNm>OCRACOKE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27960</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ALAINA MICHELLE PULLEY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 165</AddressLine1Txt>
            <CityNm>NORLINA</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27562</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MARIA EMILIA MEDINA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 809</AddressLine1Txt>
            <CityNm>LEWISTON WOODVILLE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27849</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - NORTH CAROLINA STATE UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>REAGAN ELAINE BECK</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>POST OFFICE BOX 124</AddressLine1Txt>
            <CityNm>WHITTIER</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28789</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>POST OFFICE BOX 309</AddressLine1Txt>
            <CityNm>CHAPEL HILL</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>275140309</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>1</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>LONDON INTERNSHIP ENDOWMENT - EDUCATIONAL</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BRIANNA DANIELLE BROOKS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>POST OFFICE BOX 433</AddressLine1Txt>
            <CityNm>WARRENTON</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27589</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KATHRYN ELIZABETH BROWN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>POST OFFICE BOX 459</AddressLine1Txt>
            <CityNm>BRYSON CITY</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28713</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KARA LYNN DUDLEY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>POST OFFICE BOX 659</AddressLine1Txt>
            <CityNm>HAYESVILLE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28904</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>I</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP - FLORIDA STATE UNIVERSITY</GrantOrContributionPurposeTxt>
          <Amt>7500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>395000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1278</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>213571</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>301087</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>515936</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>515936</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>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>AMGEN INC</StockNm>
        <EOYBookValueAmt>79964</EOYBookValueAmt>
        <EOYFMVAmt>91968</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ASTRAZENECA PLC</StockNm>
        <EOYBookValueAmt>148698</EOYBookValueAmt>
        <EOYFMVAmt>209958</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AT&amp;T INC</StockNm>
        <EOYBookValueAmt>228091</EOYBookValueAmt>
        <EOYFMVAmt>186940</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANK OF AMERICA CORP CONV PREF</StockNm>
        <EOYBookValueAmt>254164</EOYBookValueAmt>
        <EOYFMVAmt>349273</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CATERPILLAR INC</StockNm>
        <EOYBookValueAmt>55961</EOYBookValueAmt>
        <EOYFMVAmt>72808</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CONOCOPHILLIPS</StockNm>
        <EOYBookValueAmt>20597</EOYBookValueAmt>
        <EOYFMVAmt>39990</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DAVIS FINANCIAL FUND CL C</StockNm>
        <EOYBookValueAmt>188198</EOYBookValueAmt>
        <EOYFMVAmt>220329</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DEERE CO</StockNm>
        <EOYBookValueAmt>27047</EOYBookValueAmt>
        <EOYFMVAmt>107620</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DELAWARE FLTG RATE FUND A</StockNm>
        <EOYBookValueAmt>329529</EOYBookValueAmt>
        <EOYFMVAmt>320765</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DELAWARE LIMITED TERM DIVERSIFIED INCOME FD</StockNm>
        <EOYBookValueAmt>591852</EOYBookValueAmt>
        <EOYFMVAmt>570917</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIDUCIARY/CLAY MLP OPP FD</StockNm>
        <EOYBookValueAmt>128608</EOYBookValueAmt>
        <EOYFMVAmt>7488</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIRST EAGLE GLOBAL CLASS A FUND</StockNm>
        <EOYBookValueAmt>639964</EOYBookValueAmt>
        <EOYFMVAmt>684283</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GLAXOSMITHKLINE PLC ADR</StockNm>
        <EOYBookValueAmt>51655</EOYBookValueAmt>
        <EOYFMVAmt>47840</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES SELECT DIVIDEND</StockNm>
        <EOYBookValueAmt>220460</EOYBookValueAmt>
        <EOYFMVAmt>384720</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>J P MORGAN CHASE &amp; CO</StockNm>
        <EOYBookValueAmt>38646</EOYBookValueAmt>
        <EOYFMVAmt>114363</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>J P MORGAN INCOME BUILDER FUND CL C</StockNm>
        <EOYBookValueAmt>127757</EOYBookValueAmt>
        <EOYFMVAmt>136294</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JP MORGAN INCOME BUILDER CL A</StockNm>
        <EOYBookValueAmt>802082</EOYBookValueAmt>
        <EOYFMVAmt>908101</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KINDER MORGAN INC</StockNm>
        <EOYBookValueAmt>271962</EOYBookValueAmt>
        <EOYFMVAmt>94132</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LINCOLN NATIONAL CORP IND</StockNm>
        <EOYBookValueAmt>33815</EOYBookValueAmt>
        <EOYFMVAmt>90357</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LORD ABBETT FLOATING RATE FUND CL A</StockNm>
        <EOYBookValueAmt>157777</EOYBookValueAmt>
        <EOYFMVAmt>146544</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MERCK &amp; CO INC</StockNm>
        <EOYBookValueAmt>108679</EOYBookValueAmt>
        <EOYFMVAmt>490800</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OCCIDENTAL PETE CORP CAL</StockNm>
        <EOYBookValueAmt>155461</EOYBookValueAmt>
        <EOYFMVAmt>62316</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SIMON PROPERTY GROUP REIT</StockNm>
        <EOYBookValueAmt>156653</EOYBookValueAmt>
        <EOYFMVAmt>85280</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TORTOISE ENERGY</StockNm>
        <EOYBookValueAmt>147534</EOYBookValueAmt>
        <EOYFMVAmt>25125</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TRUIST FINL CORP</StockNm>
        <EOYBookValueAmt>104562</EOYBookValueAmt>
        <EOYFMVAmt>276940</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VERIZON COMMUNICATIONS</StockNm>
        <EOYBookValueAmt>146664</EOYBookValueAmt>
        <EOYFMVAmt>141000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WALMART INC</StockNm>
        <EOYBookValueAmt>80646</EOYBookValueAmt>
        <EOYFMVAmt>115320</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WSTN DIGITAL CORP</StockNm>
        <EOYBookValueAmt>156083</EOYBookValueAmt>
        <EOYFMVAmt>138475</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RAYTHEON TECHNOLOGIES</StockNm>
        <EOYBookValueAmt>219981</EOYBookValueAmt>
        <EOYFMVAmt>357908</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WT08 27OCCIDENTAL PETROL</StockNm>
        <EOYBookValueAmt>7116</EOYBookValueAmt>
        <EOYFMVAmt>3064</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INVESCO S AND P SMALLCAP INFORMATION TEC</StockNm>
        <EOYBookValueAmt>176409</EOYBookValueAmt>
        <EOYFMVAmt>232712</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KAYNE ANDERSON ENERGY</StockNm>
        <EOYBookValueAmt>141831</EOYBookValueAmt>
        <EOYFMVAmt>25875</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPDR S P BIOTECH</StockNm>
        <EOYBookValueAmt>179758</EOYBookValueAmt>
        <EOYFMVAmt>211170</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>VANGUARD INFORMATION TECH ETF</StockNm>
        <EOYBookValueAmt>377761</EOYBookValueAmt>
        <EOYFMVAmt>415703</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFeesGrp>
        <CategoryTxt>MANNING FULTON &amp; SKINNER, PA</CategoryTxt>
        <LegalFeesAmt>11419</LegalFeesAmt>
        <NetInvestmentIncomeAmt>11419</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
      <LegalFeesGrp>
        <CategoryTxt>DAHL LAW PLLC</CategoryTxt>
        <LegalFeesAmt>65000</LegalFeesAmt>
        <NetInvestmentIncomeAmt>65000</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>BANK CERTIF FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>249</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>249</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>2019 AMOUNT PAID WITH EXTENSION</CategoryTxt>
        <Amt>3276</Amt>
        <NetInvestmentIncomeAmt>3276</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
