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      <TotalReportableCompFromOrgAmt>878736</TotalReportableCompFromOrgAmt>
      <TotReportableCompRltdOrgAmt>0</TotReportableCompRltdOrgAmt>
      <TotalOtherCompensationAmt>138503</TotalOtherCompensationAmt>
      <IndivRcvdGreaterThan100KCnt>6</IndivRcvdGreaterThan100KCnt>
      <FormerOfcrEmployeesListedInd>0</FormerOfcrEmployeesListedInd>
      <TotalCompGreaterThan150KInd>1</TotalCompGreaterThan150KInd>
      <CompensationFromOtherSrcsInd>0</CompensationFromOtherSrcsInd>
      <CntrctRcvdGreaterThan100KCnt>0</CntrctRcvdGreaterThan100KCnt>
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        <ExclusionAmt>180546</ExclusionAmt>
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        <SecuritiesAmt>7620922</SecuritiesAmt>
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        <SecuritiesAmt>255027</SecuritiesAmt>
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      <NetGainOrLossInvestmentsGrp>
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        <ExclusionAmt>255027</ExclusionAmt>
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        <Desc>MISCELLANEOUS INCOME</Desc>
        <BusinessCd>900099</BusinessCd>
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        <RelatedOrExemptFuncIncomeAmt>20095</RelatedOrExemptFuncIncomeAmt>
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      <OtherRevenueTotalAmt>20095</OtherRevenueTotalAmt>
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        <UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
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      <GrantsToDomesticOrgsGrp>
        <TotalAmt>13915220</TotalAmt>
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        <ManagementAndGeneralAmt>51672</ManagementAndGeneralAmt>
        <FundraisingAmt>46650</FundraisingAmt>
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        <ManagementAndGeneralAmt>55153</ManagementAndGeneralAmt>
        <FundraisingAmt>50614</FundraisingAmt>
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        <TotalAmt>457539</TotalAmt>
        <ManagementAndGeneralAmt>457539</ManagementAndGeneralAmt>
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      <FeesForServicesAccountingGrp>
        <TotalAmt>25600</TotalAmt>
        <ManagementAndGeneralAmt>25600</ManagementAndGeneralAmt>
      </FeesForServicesAccountingGrp>
      <FeesForSrvcInvstMgmntFeesGrp>
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        <ManagementAndGeneralAmt>16020</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>143805</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>102882</ManagementAndGeneralAmt>
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      <TravelGrp>
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        <ManagementAndGeneralAmt>5213</ManagementAndGeneralAmt>
        <FundraisingAmt>38393</FundraisingAmt>
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      <ConferencesMeetingsGrp>
        <TotalAmt>575</TotalAmt>
        <FundraisingAmt>575</FundraisingAmt>
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      <DepreciationDepletionGrp>
        <TotalAmt>527306</TotalAmt>
        <ManagementAndGeneralAmt>527306</ManagementAndGeneralAmt>
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        <TotalAmt>19808</TotalAmt>
        <ManagementAndGeneralAmt>19808</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>LEGAL SETTLEMENT</Desc>
        <TotalAmt>3529167</TotalAmt>
        <ManagementAndGeneralAmt>3529167</ManagementAndGeneralAmt>
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      <AllOtherExpensesGrp>
        <TotalAmt>812831</TotalAmt>
        <ManagementAndGeneralAmt>548626</ManagementAndGeneralAmt>
        <FundraisingAmt>264205</FundraisingAmt>
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      <TotalFunctionalExpensesGrp>
        <TotalAmt>21722204</TotalAmt>
        <ProgramServicesAmt>13915220</ProgramServicesAmt>
        <ManagementAndGeneralAmt>6822847</ManagementAndGeneralAmt>
        <FundraisingAmt>984137</FundraisingAmt>
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      <SavingsAndTempCashInvstGrp>
        <BOYAmt>8392172</BOYAmt>
        <EOYAmt>18427552</EOYAmt>
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      <PledgesAndGrantsReceivableGrp>
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        <EOYAmt>24138499</EOYAmt>
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      <AccountsReceivableGrp>
        <BOYAmt>1864502</BOYAmt>
        <EOYAmt>1975520</EOYAmt>
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      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>570409</BOYAmt>
        <EOYAmt>474708</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>6378074</LandBldgEquipCostOrOtherBssAmt>
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      <LandBldgEquipBasisNetGrp>
        <BOYAmt>2578954</BOYAmt>
        <EOYAmt>2051648</EOYAmt>
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      <InvestmentsPubTradedSecGrp>
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        <EOYAmt>11505203</EOYAmt>
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      <InvestmentsOtherSecuritiesGrp>
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        <EOYAmt>13964247</EOYAmt>
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      <TotalAssetsGrp>
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        <EOYAmt>72537377</EOYAmt>
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      <AccountsPayableAccrExpnssGrp>
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        <EOYAmt>292595</EOYAmt>
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      <TotalLiabilitiesGrp>
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        <EOYAmt>292595</EOYAmt>
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      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>40147012</BOYAmt>
        <EOYAmt>47076011</EOYAmt>
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      <DonorRestrictionNetAssetsGrp>
        <BOYAmt>22224939</BOYAmt>
        <EOYAmt>25168771</EOYAmt>
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      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>62371951</BOYAmt>
        <EOYAmt>72244782</EOYAmt>
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      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>62644598</BOYAmt>
        <EOYAmt>72537377</EOYAmt>
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      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>4408545</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>5864727</NetUnrlzdGainsLossesInvstAmt>
      <DonatedServicesAndUseFcltsAmt>27330</DonatedServicesAndUseFcltsAmt>
      <OtherChangesInNetAssetsAmt>-427771</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>1</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>1</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
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    <IRS990ScheduleA documentId="RetDoc1039100001">
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      <GiftsGrantsContriRcvd170Grp>
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        <CurrentTaxYearMinus3YearsAmt>28135776</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>31165977</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>27051672</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>25675081</CurrentTaxYearAmt>
        <TotalAmt>148552762</TotalAmt>
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      <TotalCalendarYear170Grp>
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        <CurrentTaxYearMinus3YearsAmt>28135776</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>31165977</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>27051672</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>25675081</CurrentTaxYearAmt>
        <TotalAmt>148552762</TotalAmt>
      </TotalCalendarYear170Grp>
      <SubstantialContributorsTotAmt>7675842</SubstantialContributorsTotAmt>
      <PublicSupportTotal170Amt>140876920</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
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        <CurrentTaxYearMinus3YearsAmt>280275</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>755097</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>293389</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>180546</CurrentTaxYearAmt>
        <TotalAmt>1793543</TotalAmt>
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      <OtherIncome170Grp>
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        <CurrentTaxYearMinus2YearsAmt>23117</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>62794</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>20095</CurrentTaxYearAmt>
        <TotalAmt>528632</TotalAmt>
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      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
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        <ContributionsAmt>113195</ContributionsAmt>
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        <AdministrativeExpensesAmt>201866</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>6768094</EndYearBalanceAmt>
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        <EndYearBalanceAmt>4971431</EndYearBalanceAmt>
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        <AdministrativeExpensesAmt>221225</AdministrativeExpensesAmt>
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      <EndowmentsHeldUnrelatedOrgInd>0</EndowmentsHeldUnrelatedOrgInd>
      <EndowmentsHeldRelatedOrgInd>0</EndowmentsHeldRelatedOrgInd>
      <LandGrp>
        <InvestmentCostOrOtherBasisAmt>900000</InvestmentCostOrOtherBasisAmt>
        <BookValueAmt>900000</BookValueAmt>
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      <EquipmentGrp>
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      <TotalBookValueLandBuildingsAmt>2051648</TotalBookValueLandBuildingsAmt>
      <OtherSecuritiesGrp>
        <Desc>MARKETABLE ALTERNATIVES</Desc>
        <BookValueAmt>2043296</BookValueAmt>
        <MethodValuationCd>F</MethodValuationCd>
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      <OtherSecuritiesGrp>
        <Desc>NON-MARKETABLE SECURITIES</Desc>
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        <MethodValuationCd>F</MethodValuationCd>
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      <OtherSecuritiesGrp>
        <Desc>OTHER PARTNERSHIPS</Desc>
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        <MethodValuationCd>F</MethodValuationCd>
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      <NetUnrealizedGainsInvstAmt>5864727</NetUnrealizedGainsInvstAmt>
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      <RevenueNotReportedFinclStmtAmt>9459</RevenueNotReportedFinclStmtAmt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
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      <SupplementalInformationDetail>
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      <RecipientTable>
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          <CityNm>FAYETTEVILLE</CityNm>
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          <ZIPCd>72701</ZIPCd>
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      <RecipientTable>
        <RecipientBusinessName>
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        <USAddress>
          <AddressLine1Txt>1 UNIVERSITY OF ARKANSAS</AddressLine1Txt>
          <CityNm>FAYETTEVILLE</CityNm>
          <StateAbbreviationCd>AR</StateAbbreviationCd>
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        <RecipientEIN>716003252</RecipientEIN>
        <CashGrantAmt>201866</CashGrantAmt>
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      <TotalOtherOrgCnt>1</TotalOtherOrgCnt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>FUNDS ARE PROVIDED TO THE UNIVERSITY OF ARKANSAS. ANY RESTRICTED FUNDS ARE MONITORED BY RAZORBACK FOUNDATION STAFF TO ENSURE DONOR INTENT IS FOLLOWED.</ExplanationTxt>
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    </IRS990ScheduleI>
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      <WrittenPolicyRefTAndEExpnssInd>1</WrittenPolicyRefTAndEExpnssInd>
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      <SupplementalNonqualRtrPlanInd>0</SupplementalNonqualRtrPlanInd>
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        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
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        <NontaxableBenefitsFilingOrgAmt>6347</NontaxableBenefitsFilingOrgAmt>
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        <TotalCompensationFilingOrgAmt>165523</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
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        <ExplanationTxt>EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINED THE SALARY OF THE EXECUTIVE DIRECTOR.</ExplanationTxt>
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        <ContributionCnt>30</ContributionCnt>
        <NoncashContributionsRptF990Amt>1203831</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>HI/LO AVG STOCK PRICE</MethodOfDeterminingRevenuesTxt>
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      <ReviewProcessUnusualNCGiftsInd>0</ReviewProcessUnusualNCGiftsInd>
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        <FormAndLineReferenceDesc>PART I, LINE 32B:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FOUNDATION USES A STOCK BROKER TO SELL PUBLICLY TRADED STOCK THAT IS DONATED.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>CERTAIN MEMBERS VOTE ANNUALLY TO ELECT THE BOARD OF DIRECTORS.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS PRIOR TO FILING.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CONFLICT OF INTEREST POLICY IS REVIEWED AT THE ANNUAL BOARD MEETINGS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES THE SALARY OF THE EXECUTIVE DIRECTOR. ALL OTHER SALARIES ARE INCLUDED IN THE ANNUAL BUDGET APPROVED BY THE BOARD OF DIRECTORS. FURTHER, A THIRD-PARTY WAS USED TO PERFORM SALARY STUDIES FOR ALL POSITIONS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9:</FormAndLineReferenceDesc>
        <ExplanationTxt>A CLUB INCOME &amp; EXPENSES -7,406. CHANGE IN CASH SURRENDER VALUE LIFE INSURANCE 70,960. PROVISION FOR UNCOLLECTIBLE ACCOUNTS -491,325.</ExplanationTxt>
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        <EndOfYearAssetsAmt>0</EndOfYearAssetsAmt>
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        <PrimaryActivitiesTxt>ACCEPT THIRD PARTY GIFTS OF PROP &amp; EQUIP FOR THE BENEFIT OF THE FOUNDATION</PrimaryActivitiesTxt>
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