<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2020v4.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2021-06-03T09:20:10-07:00</ReturnTs>
    <TaxPeriodEndDt>2020-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>710852459</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Turner Rodgers Manning &amp; Plyler PLLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>305 Professional Park Drive</AddressLine1Txt>
        <CityNm>Arkadelphia</CityNm>
        <StateAbbreviationCd>AR</StateAbbreviationCd>
        <ZIPCd>71923</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2020-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>813023693</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>BOB CARVER CHARITABLE TRUST</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>% J DAVID MADDOX</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>BOBC</BusinessNameControlTxt>
      <PhoneNum>4793946060</PhoneNum>
      <USAddress>
        <AddressLine1Txt>520 CHURCH AVE</AddressLine1Txt>
        <CityNm>MENA</CityNm>
        <StateAbbreviationCd>AR</StateAbbreviationCd>
        <ZIPCd>71953</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>GEORGE E STEEL JR</PersonNm>
      <PersonTitleTxt>Trustee</PersonTitleTxt>
      <PhoneNum>8708456304</PhoneNum>
      <SignatureDt>2021-06-03</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <SigningOfficerGrp>
      <PersonFullName>
        <PersonFirstNm>GEORGE</PersonFirstNm>
        <PersonLastNm>STEEL</PersonLastNm>
      </PersonFullName>
      <SSN>XXX-XX-XXXX</SSN>
    </SigningOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>RANDALL W TURNER</PreparerPersonNm>
      <PTIN>P00051415</PTIN>
      <PhoneNum>8702464563</PhoneNum>
    </PreparerPersonGrp>
    <AdditionalFilerInformation>
      <TrustedCustomerGrp>
        <TrustedCustomerCd>2</TrustedCustomerCd>
        <AuthenticationAssuranceLevelCd>AAL1</AuthenticationAssuranceLevelCd>
        <IdentityAssuranceLevelCd>IAL1</IdentityAssuranceLevelCd>
        <FederatedAssuranceLevelCd>FAL1</FederatedAssuranceLevelCd>
      </TrustedCustomerGrp>
    </AdditionalFilerInformation>
    <TaxYr>2020</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="11">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation BinaryAttachment.1" softwareId="20011551" softwareVersionNum="2020v4.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>9564735</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>39271</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>39271</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>39271</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>384</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>384</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>384</DividendsAdjNetIncmAmt>
        <GrossRentsRevAndExpnssAmt>319388</GrossRentsRevAndExpnssAmt>
        <GrossRentsNetInvstIncmAmt>319388</GrossRentsNetInvstIncmAmt>
        <GrossRentsAdjNetIncmAmt>319388</GrossRentsAdjNetIncmAmt>
        <NetRentalIncomeOrLossAmt>18847</NetRentalIncomeOrLossAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSchedule2">669808</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>669808</OtherIncomeNetInvstIncmAmt>
        <OtherIncomeAdjNetIncmAmt>669808</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>1028851</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>1028851</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>1028851</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>110000</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstAdjNetIncmAmt>110000</CompOfcrDirTrstAdjNetIncmAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="LegalFeesSchedule">2245</LegalFeesRevAndExpnssAmt>
        <LegalFeesAdjNetIncmAmt>2245</LegalFeesAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">3650</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesAdjNetIncmAmt>3650</AccountingFeesAdjNetIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">213</TaxesRevAndExpnssAmt>
        <TaxesAdjNetIncmAmt>213</TaxesAdjNetIncmAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="DepreciationSchedule">107944</DeprecAndDpltnRevAndExpnssAmt>
        <DeprecAndDpltnNetInvstIncmAmt>107944</DeprecAndDpltnNetInvstIncmAmt>
        <DeprecAndDpltnAdjNetIncmAmt>107944</DeprecAndDpltnAdjNetIncmAmt>
        <OccupancyRevAndExpnssAmt>660</OccupancyRevAndExpnssAmt>
        <OccupancyAdjNetIncmAmt>660</OccupancyAdjNetIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">192597</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>192597</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>192597</OtherExpensesAdjNetIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>417309</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>300541</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>417309</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>400000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>400000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>817309</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>300541</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>417309</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>400000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>211542</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>728310</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>611542</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>258987</CashBOYAmt>
        <CashEOYAmt>352331</CashEOYAmt>
        <CashEOYFMVAmt>352331</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>1174359</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>1104996</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>1104996</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>3379458</CorporateStockBOYAmt>
        <CorporateStockEOYAmt>3710043</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>3724288</CorporateStockEOYFMVAmt>
        <LandBldgInvestmentsEOYFMVAmt>4370000</LandBldgInvestmentsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>3493000</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>712347</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>2888597</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="LandEtcSchedule2">2780653</LandEOYAmt>
        <OtherAssetsBOYAmt referenceDocumentId="OtherAssetsSchedule">14965</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="OtherAssetsSchedule">13120</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="OtherAssetsSchedule">13120</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>7716366</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>7961143</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>9564735</TotalAssetsEOYFMVAmt>
        <AccountsPayableBOYAmt>2882</AccountsPayableBOYAmt>
        <AccountsPayableEOYAmt>43192</AccountsPayableEOYAmt>
        <DeferredRevenueBOYAmt>935</DeferredRevenueBOYAmt>
        <DeferredRevenueEOYAmt>5680</DeferredRevenueEOYAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="OtherLiabilitiesSchedule">25245</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="OtherLiabilitiesSchedule">25420</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>29062</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>74292</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>7687304</NoDonorRstrNetAssestsBOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>7687304</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>7886851</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>7716366</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>7961143</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>7687304</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>211542</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>7898846</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSchedule">11995</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>7886851</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>10124</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>10124</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>10124</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>12204</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>12204</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>2080</OverpaymentAmt>
        <AppliedToESTaxAmt>2080</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>true</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>true</Form990TFiledInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>AR</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>J DAVID MADDOX</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>4793946060</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>520 CHURCH AVE</AddressLine1Txt>
          <CityNm>MENA</CityNm>
          <StateAbbreviationCd>AR</StateAbbreviationCd>
          <ZIPCd>71953</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>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <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>J DAVID MADDOX</PersonNm>
          <USAddress>
            <AddressLine1Txt>520 CHURCH AVE</AddressLine1Txt>
            <CityNm>MENA</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>71953</ZIPCd>
          </USAddress>
          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>55000</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GEORGE E STEEL JR</PersonNm>
          <USAddress>
            <AddressLine1Txt>106 SADDLEBROOK CT</AddressLine1Txt>
            <CityNm>HOT SPRINGS</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>71901</ZIPCd>
          </USAddress>
          <TitleTxt>Trustee</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>55000</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>3612800</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>1587827</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>4384043</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>9584670</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>9584670</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>400000</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>9184670</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>459234</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>459234</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>10124</TaxBasedOnInvestmentIncomeAmt>
        <IncomeTaxAmt>97378</IncomeTaxAmt>
        <TotalTaxAmt>107502</TotalTaxAmt>
        <DistributableBeforeAdjAmt>351732</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>351732</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>351732</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>400000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>400000</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>400000</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>351732</DistributableAsAdjustedAmt>
        <QualifyingDistributionsAmt>400000</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>351732</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>48268</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>48268</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>48268</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>48268</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>J DAVID MADDOX</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>520 CHURCH AVENUE</AddressLine1Txt>
            <CityNm>MENA</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>71953</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>4793946060</RecipientPhoneNum>
          <RecipientEmailAddressTxt>david@maddoxmaddox.com</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>APPLICATION ATTACHED</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>AS PER APPLICATION</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>AS PER APPLICATION</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>RAZORBACK FOUNDATION INC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1295 S RAZORBACK RD STE A</AddressLine1Txt>
            <CityNm>FAYETTEVILLE</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>72701</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CAPITAL IMPROVEMENTS</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CATHOLIC HIGH SCHOOL FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6300 FATHER TRIBOU STREET</AddressLine1Txt>
            <CityNm>LITTLE ROCK</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>72205</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>PARK</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6915 GEYER SPRINGS RD</AddressLine1Txt>
            <CityNm>LITTLE ROCK</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>72209</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>UNIVERSITY OF ARKANSAS RICH MOUNTAI</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1100 COLLEG DRIVE</AddressLine1Txt>
            <CityNm>MENA</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>71953</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>POLK COUNTY DEVELOPMENTAL CENTER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>201 S MORROW ST / PO BOX 926</AddressLine1Txt>
            <CityNm>MENA</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>71953</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MENA BEARAT FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>206 HIGHWAY 71 NORTH</AddressLine1Txt>
            <CityNm>MENA</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>71953</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MENA REGIONA SUPPORT FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>311 NORTH MORROW STREET</AddressLine1Txt>
            <CityNm>MENA</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>71953</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>OUACHTA LITTLE THEATER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>610 MENA ST PO BOX 1217</AddressLine1Txt>
            <CityNm>MENA</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>71953</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SOUTHWEST ARTISTS INC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>607 MENA STREET</AddressLine1Txt>
            <CityNm>MENA</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>71953</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CLARICE'S ROOM OF HOPE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>403 N MORROW ST</AddressLine1Txt>
            <CityNm>MENA</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>71953</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MENA FIRST UNITED METHODIST CHURCH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>501 9TH STREET</AddressLine1Txt>
            <CityNm>MENA</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>71953</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>ARGENTA UNITED METHODIST CHURCH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>317 MAIN ST</AddressLine1Txt>
            <CityNm>NORTH LITTLE ROCK</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>72114</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>7 HILLS HOMELESS CENTER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1832 S SCHOOL AVE</AddressLine1Txt>
            <CityNm>FAYETTEVILLE</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>72701</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SANTA FE GIRLS SCHOOL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>310 WEST ZIA ROAD</AddressLine1Txt>
            <CityNm>SANTA FE</CityNm>
            <StateAbbreviationCd>NM</StateAbbreviationCd>
            <ZIPCd>87505</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATING EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>THEATRESQUARED</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 4188</AddressLine1Txt>
            <CityNm>FAYETTEVILLE</CityNm>
            <StateAbbreviationCd>AR</StateAbbreviationCd>
            <ZIPCd>72702</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CAPITAL IMPROVEMENTS</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>400000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <RelatedOrExemptFunctionIncmAmt>39271</RelatedOrExemptFunctionIncmAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <RelatedOrExemptFunctionIncmAmt>384</RelatedOrExemptFunctionIncmAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReNotDebtFincdProp>
          <BusinessCd>531110</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>18847</UnrelatedBusinessTaxblIncmAmt>
        </NetRntlIncmReNotDebtFincdProp>
        <OtherRevenueDescribedGrp>
          <Desc>UNION BANKSHARES, INC</Desc>
          <RelatedOrExemptFunctionIncmAmt>669808</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>18847</UnrelatedBusinessTaxblIncmAmt>
          <RelatedOrExemptFunctionIncmAmt>709463</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>728310</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <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>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="20011551" softwareVersionNum="2020v4.0">
      <AccountingFeesDetail>
        <CategoryTxt>TURNER RODGERS MANNING &amp; PLYLER PLLC</CategoryTxt>
        <Amt>3650</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>3650</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSchedule" softwareId="20011551" softwareVersionNum="2020v4.0">
      <DepreciationPropertyGrp>
        <PropertyDesc>4168 ROLLING MEADOWS</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>105000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>21477</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>3818</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>3818</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>4098 ROLLING MEADOWS</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>105000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>21477</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>3818</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>3818</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2425 PRIMROSE LANE</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>141000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>28840</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>5127</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>5127</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2749 WAKEFIELD PL</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>127000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>25977</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>4618</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>4618</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2721 GOLDEN OAKS</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>163000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>33340</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>5927</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>5927</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2405 E GENTLE OAKS</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>171000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>34977</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>6218</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>6218</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>3450 WINGATE DR</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>108000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>22090</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>3927</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>3927</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2420 SWEETBRIAR</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>106000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>21679</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>3854</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>3854</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2500 SWEETBRIAR DR</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>104000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>20284</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>3781</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>3781</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2504 SWEETBRIAR DR</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>116000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>23727</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>4218</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>4218</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2538 SWEETBRIAR DR</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>102000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>20863</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>3709</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>3709</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2566 SWEETBRIAR DR</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>102000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>20863</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>3709</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>3709</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2347 KANTZ LANE</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>141000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>28840</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>5127</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>5127</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>3064 QUAIL CREEK DR</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>100000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>20453</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>3636</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>3636</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>1752 HUNTERS RIDGE</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>150000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>30680</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>5454</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>5454</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2898 SETTER ST</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>132500</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>27102</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>4818</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>4818</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>1781/1783 POINTER</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>185000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>37840</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>6727</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>6727</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>1856 HUNTERS RIDGE</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>159000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>32519</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>5781</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>5781</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>1331 FIELDSTONE</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>114000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>23316</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>4145</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>4145</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>4104 MEADOWVIEW DR</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>157000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>32114</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>5709</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>5709</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>4106 MEADOWVIEW DR</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>165000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>33745</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>5999</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>5999</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2868 BLUEGRASS PL</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>135500</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>27715</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0364</Rt>
        <CurrentYearExpenseAmt>4927</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>4927</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>1593 N FIELDSTONE AVE</PropertyDesc>
        <AcquiredDt>2014-05-28</AcquiredDt>
        <CostOrOtherBasisAmt>113000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>14485</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.0256</Rt>
        <CurrentYearExpenseAmt>2897</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>2897</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <LandEtcSchedule2 documentId="LandEtcSchedule2" softwareId="20011551" softwareVersionNum="2020v4.0">
      <LandEtcGrp>
        <CategoryOrItemTxt>Buildings</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>3002000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>712347</AccumulatedDepreciationAmt>
        <BookValueAmt>2289653</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Land</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>491000</CostOrOtherBasisAmt>
        <BookValueAmt>491000</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="LegalFeesSchedule" softwareId="20011551" softwareVersionNum="2020v4.0">
      <LegalFeesGrp>
        <CategoryTxt>MCDANIEL WOLF 7 BENCA PLLC</CategoryTxt>
        <LegalFeesAmt>2245</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2245</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule" softwareId="20011551" softwareVersionNum="2020v4.0">
      <OtherAssetsScheduleGrp>
        <Desc>LOANS AND ADVANCEMENTS</Desc>
        <EOYFMVAmt>13120</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>RENTAL ADVANCES</Desc>
        <BOYBookValueAmt>14965</BOYBookValueAmt>
        <EOYBookValueAmt>13120</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="OtherDecreasesSchedule" softwareId="20011551" softwareVersionNum="2020v4.0">
      <OtherDecreasesDetail>
        <Desc>INCOME TAXES PAID</Desc>
        <Amt>11405</Amt>
      </OtherDecreasesDetail>
      <OtherDecreasesDetail>
        <Desc>NON DEDUCTIBLE EXPENSE UNION BANKSHARES K-1</Desc>
        <Amt>590</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="20011551" softwareVersionNum="2020v4.0">
      <OtherExpensesScheduleGrp>
        <Desc>Rental Expenses</Desc>
        <RevenueAndExpensesPerBooksAmt>192597</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>192597</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>192597</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="20011551" softwareVersionNum="2020v4.0">
      <OtherIncomeDetail>
        <Desc>UNION BANKSHARES, INC</Desc>
        <RevenueAndExpensesPerBooksAmt>669808</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>669808</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>669808</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="OtherLiabilitiesSchedule" softwareId="20011551" softwareVersionNum="2020v4.0">
      <OtherLiabilitiesDetail>
        <Desc>TENANT DEPOSITS</Desc>
        <BOYBookValueAmt>25245</BOYBookValueAmt>
        <EOYBookValueAmt>25420</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="20011551" softwareVersionNum="2020v4.0">
      <TaxesDetail>
        <CategoryTxt>AR FRANCHISE TAX</CategoryTxt>
        <Amt>150</Amt>
        <AdjustedNetIncomeAmt>150</AdjustedNetIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PERSONAL PROPERTY TAX</CategoryTxt>
        <Amt>63</Amt>
        <AdjustedNetIncomeAmt>63</AdjustedNetIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
