﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2019v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2020-07-14T09:08:27-05:00</ReturnTs>
    <TaxPeriodEndDt>2019-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>581137570</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>DABBS HICKMAN HILL &amp; CANNON LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>319 S MAIN ST</AddressLine1Txt>
        <CityNm>STATESBORO</CityNm>
        <StateAbbreviationCd>GA</StateAbbreviationCd>
        <ZIPCd>304580716</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2019-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>582093653</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>JACK N &amp; ADDIE D AVERITT</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>FOUNDATION INC</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>JACK</BusinessNameControlTxt>
      <USAddress>
        <AddressLine1Txt>PO BOX 568</AddressLine1Txt>
        <CityNm>STATESBORO</CityNm>
        <StateAbbreviationCd>GA</StateAbbreviationCd>
        <ZIPCd>304590568</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>KATHY BRADLEY</PersonNm>
      <PersonTitleTxt>CHAIR</PersonTitleTxt>
      <PhoneNum>9124899226</PhoneNum>
      <SignatureDt>2020-07-14</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>WILLIAM R HICKMAN JR</PreparerPersonNm>
      <PTIN>P00744476</PTIN>
      <PhoneNum>9127646951</PhoneNum>
      <PreparationDt>2020-07-14</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <IPAddress>
        <IPv4AddressTxt>104.160.63.10</IPv4AddressTxt>
      </IPAddress>
      <IPDt>2020-07-14</IPDt>
      <IPTm>09:08:27</IPTm>
      <IPTimezoneCd>CD</IPTimezoneCd>
      <FilingLicenseTypeCd>P</FilingLicenseTypeCd>
      <AtSubmissionCreationDeviceId>4C86530A4589E41FB3D26283DFC658414C45B149</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>BB8E8FC1C422607D395051D63F84FB398BC6B7E8</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2019</TaxYr>
    <BuildTS>2022-02-16 14:24:37Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="RetDoc11">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>3585042</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>8850</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>8850</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>54543</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>54543</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>17936</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>247335</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>17936</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc7">90</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>90</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>81419</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>81419</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc1">3140</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>1570</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>1570</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc8">36066</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>10820</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>25246</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc9">4900</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>665</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>4235</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc6">42351</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesDsbrsChrtblAmt>42351</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>86457</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>13055</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>73402</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>0</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>0</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>86457</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>13055</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>73402</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-5038</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>68364</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>90257</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>219372</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>219372</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>1374242</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc3">1345797</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>1953365</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>780158</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2">674713</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>728716</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>1304147</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc4">1303627</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>683589</OtherInvestmentsEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="RetDoc5">1282</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="RetDoc5">1539</OtherAssetsEOYAmt>
        <TotalAssetsBOYAmt>3550086</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>3545048</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>3585042</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>114666</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>114666</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>3640399</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>3640399</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>-204979</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>-210017</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>3550086</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>3545048</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>3550086</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>3545048</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>3550086</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-5038</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>3545048</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>3545048</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SEE ATTACHED DETAIL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>157593</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>162104</CostOrOtherBasisAmt>
          <GainOrLossAmt>-4511</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-4511</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SEE ATTACHED DETAIL</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>61783</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>67295</CostOrOtherBasisAmt>
          <GainOrLossAmt>-5512</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-5512</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>17936</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>368147</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>2740733</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.134324</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>78112</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>2791282</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.027984</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>213929</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>2651172</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.080692</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>230961</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>2851707</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.080990</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>222351</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>2907872</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.076465</DistributionYr5Rt>
        <TotalDistributionRt>0.400455</TotalDistributionRt>
        <AverageDistributionRt>0.080091</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>2669534</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>213806</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>684</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>214490</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>73402</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>1367</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>1367</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>1367</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>3422</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>3422</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>2055</OverpaymentAmt>
        <AppliedToESTaxAmt>2055</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>GA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>JASON BUSH</IndividualWithBooksNm>
        <PhoneNum>9122353722</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>7402 HODGSON MEMORIAL DRIVE 110</AddressLine1Txt>
          <CityNm>SAVANNAH</CityNm>
          <StateAbbreviationCd>GA</StateAbbreviationCd>
          <ZIPCd>31406</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>
        <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>KATHY BRADLEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 568</AddressLine1Txt>
            <CityNm>STATESBORO</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30459</ZIPCd>
          </USAddress>
          <TitleTxt>CHAIR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JANE JACKSON HIGHSMITH</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 568</AddressLine1Txt>
            <CityNm>STATESBORO</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30459</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ALBERT BURKE</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 568</AddressLine1Txt>
            <CityNm>STATESBORO</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30459</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>AUBREY HIGHSMITH</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 568</AddressLine1Txt>
            <CityNm>STATESBORO</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30459</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BRADLEY W HOLMES</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 568</AddressLine1Txt>
            <CityNm>STATESBORO</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30459</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>FRANK FORTUNE</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 568</AddressLine1Txt>
            <CityNm>STATESBORO</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30459</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MELISSA AVERITT POTTER</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 568</AddressLine1Txt>
            <CityNm>STATESBORO</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30459</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>2566720</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>139936</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>3531</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2710187</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>2710187</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>40653</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2669534</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>133477</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>133477</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>1367</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>1367</TotalTaxAmt>
        <DistributableBeforeAdjAmt>132110</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>132110</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>132110</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>73402</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>73402</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>73402</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>132110</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr4Amt>45572</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>83736</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr1Amt>233546</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>362854</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>73402</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>73402</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>58708</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>58708</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>304146</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>304146</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear3Amt>70600</ExcessFromYear3Amt>
        <ExcessFromYear1Amt>233546</ExcessFromYear1Amt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>8850</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>54543</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>17936</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>CLASS ACTION PROCEEDS</Desc>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>90</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>81419</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>81419</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="RetDoc1">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>3140</Amt>
        <NetInvestmentIncomeAmt>1570</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1570</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2">
      <InvestmentsCorporateBondsGrp>
        <BondNm>CORPORATE BONDS</BondNm>
        <EOYBookValueAmt>674713</EOYBookValueAmt>
        <EOYFMVAmt>728716</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>CORPORATE STOCK</StockNm>
        <EOYBookValueAmt>1345797</EOYBookValueAmt>
        <EOYFMVAmt>1953365</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc4">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>RESIDENCE</CategoryOrItemTxt>
        <BookValueAmt>636380</BookValueAmt>
        <EOYFMVAmt>320000</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CONTENTS OF RESIDENCE</CategoryOrItemTxt>
        <BookValueAmt>621918</BookValueAmt>
        <EOYFMVAmt>360986</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>JEWELRY</CategoryOrItemTxt>
        <BookValueAmt>16776</BookValueAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PERSONAL EFFECTS</CategoryOrItemTxt>
        <BookValueAmt>1000</BookValueAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LANDSCAPING PROJECT</CategoryOrItemTxt>
        <BookValueAmt>24950</BookValueAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ACCRUALS</CategoryOrItemTxt>
        <BookValueAmt>2603</BookValueAmt>
        <EOYFMVAmt>2603</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc5">
      <OtherAssetsScheduleGrp>
        <Desc>INVESTMENT INCOME IN TRANSIT</Desc>
        <BOYBookValueAmt>1282</BOYBookValueAmt>
        <EOYBookValueAmt>1539</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>12235</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>12235</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PROPERTY MNT,TAXES &amp; UTILITIE</Desc>
        <RevenueAndExpensesPerBooksAmt>30116</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>30116</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc7">
      <OtherIncomeDetail>
        <Desc>CLASS ACTION PROCEEDS</Desc>
        <RevenueAndExpensesPerBooksAmt>90</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>90</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="RetDoc8">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT</CategoryTxt>
        <Amt>10820</Amt>
        <NetInvestmentIncomeAmt>10820</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>TRUSTEE FEES</CategoryTxt>
        <Amt>25246</Amt>
        <DisbursementsCharitablePrpsAmt>25246</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc9">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>665</Amt>
        <NetInvestmentIncomeAmt>665</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>LICENSES</CategoryTxt>
        <Amt>30</Amt>
        <DisbursementsCharitablePrpsAmt>30</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>OTHER</CategoryTxt>
        <Amt>4205</Amt>
        <DisbursementsCharitablePrpsAmt>4205</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>