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            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27705</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>31428805</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>544190</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>31972995</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>31972995</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>479595</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>31493400</NetVlNoncharitableAssetsAmt>
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      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>1574670</MinimumInvestmentReturnAmt>
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        <TotalTaxAmt>10347</TotalTaxAmt>
        <DistributableBeforeAdjAmt>1564323</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>1564323</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>1564323</DistributableAsAdjustedAmt>
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      <QualifyingDistriPartXIIGrp>
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        <QualifyingDistributionsAmt>1613646</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>10347</PctSect4940eOrgNetInvstIncmAmt>
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        <DistributableAsAdjustedAmt>1564323</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
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        <QualifyingDistributionsAmt>1613646</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>1564323</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>49323</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>188320</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>26204</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>162116</ExcessDistriCyovToNextYrAmt>
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        <ExcessFromYear1Amt>15059</ExcessFromYear1Amt>
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        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BALLET WEST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>50 WEST 200 SOUTH</AddressLine1Txt>
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          <GrantOrContributionPurposeTxt>INNOVATION PROGRAM</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EAST DURHAM CHILDREN'S INITIATIVE</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>2101 ANGIER AVE</AddressLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FOREST VIEW TUTOR</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>1901 ESTATES DR</AddressLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GUADALUPE SCHOOL</BusinessNameLine1Txt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOMES OF HOPE - KHAPMARA PART 1</BusinessNameLine1Txt>
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          <RecipientUSAddress>
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            <StateAbbreviationCd>NC</StateAbbreviationCd>
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          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ORPHANAGE DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>KOINS FOR KENYA</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>19 WEST 550 NORTH</AddressLine1Txt>
            <CityNm>FARMINTON</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>84025</ZIPCd>
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          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ASSIST DEVELOPING COMMUNITIES</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PIONEER THEATRE</BusinessNameLine1Txt>
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          <RecipientUSAddress>
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            <StateAbbreviationCd>UT</StateAbbreviationCd>
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          <RecipientRelationshipTxt>501(C)(3)</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ARTS</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SKYHOP PRODUCTIONS</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>669 SOUTH WEST TEMPLE SUITE 202</AddressLine1Txt>
            <CityNm>SALT LAKE CITY</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>84101</ZIPCd>
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          <RecipientRelationshipTxt>501(C)(3)</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>BUILDING CONSTRUCTION</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF UTAH</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>332 S UNIVERSITY STREET</AddressLine1Txt>
            <CityNm>SALT LAKE CITY</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>84112</ZIPCd>
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          <RecipientRelationshipTxt>501(C)(3)</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHEMICAL ENGINEERING INNOVATION LABORATORY</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WESTMINSTER COLLEGE</BusinessNameLine1Txt>
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            <CityNm>SALT LAKE CITY</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
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          <GrantOrContributionPurposeTxt>1ST GENERATION STUDENT ENDOWED SCHOLARSHIP</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WESTMINSTER COLLEGE</BusinessNameLine1Txt>
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            <StateAbbreviationCd>UT</StateAbbreviationCd>
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          <GrantOrContributionPurposeTxt>WOMANS BOARD SILVER TEA</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOMES OF HOPE - KHAPMARA PART 2</BusinessNameLine1Txt>
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          <RecipientUSAddress>
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            <StateAbbreviationCd>NC</StateAbbreviationCd>
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          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ORPHANAGE DEVELOPMENT</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ST AMBROSE</BusinessNameLine1Txt>
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            <AddressLine1Txt>E 2315 REDONDO AVE S</AddressLine1Txt>
            <CityNm>SALT LAKE CITY</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>84108</ZIPCd>
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          <RecipientRelationshipTxt>501(C)(3)</RecipientRelationshipTxt>
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          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NOTRE DAME CATHEDRAL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>6 PARVIS NOTRE-DAME - PL JEAN-PAUL</AddressLine1Txt>
            <AddressLine2Txt>II</AddressLine2Txt>
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            <CountryCd>FR</CountryCd>
            <ForeignPostalCd>75004</ForeignPostalCd>
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          <RecipientRelationshipTxt>501(C)(3)</RecipientRelationshipTxt>
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          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MELDRUM THEATRE</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>1300 EAST</AddressLine1Txt>
            <CityNm>SALT LAKE CITY</CityNm>
            <StateAbbreviationCd>UT</StateAbbreviationCd>
            <ZIPCd>84102</ZIPCd>
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          <RecipientRelationshipTxt>501(C)(3)</RecipientRelationshipTxt>
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          <GrantOrContributionPurposeTxt>GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>750000</Amt>
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        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
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          <ExclusionCd>14</ExclusionCd>
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        <DivAndIntFromSecPartVIIGrp>
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        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
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        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>-404396</ExclusionAmt>
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        <TotalIncomeProducingActyAmt>808511</TotalIncomeProducingActyAmt>
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      <TrnsfrTransRlnNonchrtblEOGrp>
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        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
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        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
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    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>PROFESSIONAL FEES</CategoryTxt>
        <Amt>3950</Amt>
        <NetInvestmentIncomeAmt>1975</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1975</DisbursementsCharitablePrpsAmt>
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    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
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        <BondNm>VARIOUS</BondNm>
        <EOYBookValueAmt>31073019</EOYBookValueAmt>
        <EOYFMVAmt>31073019</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>2,431 MYREXIS, INC</StockNm>
        <EOYBookValueAmt>12434</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>OTHER EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>704</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>704</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>134719</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>134719</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>INCOME FROM PASSTHROUGHS</Desc>
        <RevenueAndExpensesPerBooksAmt>3636</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3636</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
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        <CategoryTxt>FEDERAL TAXES</CategoryTxt>
        <Amt>16090</Amt>
        <NetInvestmentIncomeAmt>16090</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>31</Amt>
        <NetInvestmentIncomeAmt>31</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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    </TaxesSchedule>
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