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        <StateAbbreviationCd>TX</StateAbbreviationCd>
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      <PreparerPersonNm>SHERI K DELMAGE</PreparerPersonNm>
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        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
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        <ExcessRevenueOverExpensesAmt>-87942</ExcessRevenueOverExpensesAmt>
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        <TotNetAstOrFundBalancesEOYAmt>942986</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CHARLES SCHWAB - SHORT TERM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
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        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CHARLES SCHWAB - LONG TERM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-21</AcquiredDt>
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      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
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      <ExciseTaxBasedOnInvstIncmGrp>
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        <TotalPaymentsAndCreditsAmt>713</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>265</OverpaymentAmt>
        <AppliedToESTaxAmt>265</AppliedToESTaxAmt>
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      <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>TX</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>BRENDA JENKINS</IndividualWithBooksNm>
        <PhoneNum>4098352666</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>215 ORLEANS ST</AddressLine1Txt>
          <CityNm>BEAUMONT</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>77701</ZIPCd>
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        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
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        <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>
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          <PersonNm>EVA ROWE</PersonNm>
          <USAddress>
            <AddressLine1Txt>215 ORLEANS ST</AddressLine1Txt>
            <CityNm>BEAUMONT</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77701</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
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          <CompensationAmt>0</CompensationAmt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DIANE FINDLEY</PersonNm>
          <USAddress>
            <AddressLine1Txt>2626 CALDER</AddressLine1Txt>
            <AddressLine2Txt>SUITE 104</AddressLine2Txt>
            <CityNm>BEAUMONT</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77702</ZIPCd>
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          <TitleTxt>SECRETARY &amp;</TitleTxt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
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        <Description1Txt>TO AWARD SCHOLARSHIP TO HORNBECK HIGH SCHOOL TO PROVIDE THE FUNDING FOR THE EDUCATION PROGRAMS AND EQUIPMENT FOR THE ENGLISH AND MATH DEPARTMENTS AND TO ONCE AGAIN BE ABLE TO UNDERWRITE THE IREADY PROGRAM FOR THE 2019-2020 SCHOOL YEAR.</Description1Txt>
        <Expenses1Amt>82781</Expenses1Amt>
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      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
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        <AverageMonthlyFMVOfSecAmt>1044771</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>35494</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1080265</TotalFMVOfUnusedAssetsAmt>
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        <MinimumInvestmentReturnAmt>53203</MinimumInvestmentReturnAmt>
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      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>53203</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>448</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>448</TotalTaxAmt>
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        <DistributableBeforeDedAmt>52755</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>52755</DistributableAsAdjustedAmt>
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        <QualifyingDistributionsAmt>132781</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>448</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>132333</AdjustedQualifyingDistriAmt>
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        <AppliedToYear1Amt>27004</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>52755</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>53022</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>53022</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>53022</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>53022</ExcessFromCurrentYearAmt>
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      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>BRENT COON ASSOCIATES</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>215 ORLEANS ST</AddressLine1Txt>
            <CityNm>BEAUMONT</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77701</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>4099518080</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>APPLICANTS MUST SUBMIT AN APPLICATION FOR SCHOLARSHIP SUPPLEMENTED WITH AN ESSAY. THE ESSAY QUESTION IS AS FOLLOWS: JAMES AND LINDA ROWE WERE KILLED IN A TRAGIC AND SENSELESS ACCIDENT ON MARCH 23, 2005. GO ONLINE AND DO YOUR RESEARCH ON THIS TRAGEDY AND THEN ANSWER THIS QUESTION: "HOW COULD THIS TRAGEDY HAVE BEEN PREVENTED?"</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>APRIL 13, 2018</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>GRADUATING SENIORS FROM HORNBECK HIGH SCHOOL IN LOUISIANA ARE ELIGIBLE FOR THE SCHOLARSHIP. SELECTION CRITERIA CONSISTS OF ACADEMIC PERFORMANCE, PERFORMANCE ON STANDARDIZED TESTS, FINANCIAL NEED, AND PERSONAL INTERVIEWS WITH THE SELECTION COMMITTEE.</RestrictionsOnAwardsTxt>
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          <RecipientBusinessName>
            <BusinessNameLine1Txt>HORNBECK HIGH SCHOOL</BusinessNameLine1Txt>
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            <AddressLine1Txt>PO BOX 9</AddressLine1Txt>
            <CityNm>HORNBECK</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71439</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>IREADY PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>82781</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MADISON LEIGH SMITH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1445 HIGHWAY 392</AddressLine1Txt>
            <CityNm>HORNBECK</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71439</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KRISTYN ERWIN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>363 WOLFHILL ROAD</AddressLine1Txt>
            <CityNm>HORNBECK</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71439</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
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        <TotalGrantOrContriPdDurYrAmt>132781</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
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        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>15008</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>12952</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>54482</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>12952</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>67434</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>
        <Amt>2100</Amt>
        <NetInvestmentIncomeAmt>2100</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2100</AdjustedNetIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2">
      <InvestmentsCorporateStockGrp>
        <StockNm>MARKETABLE SECURITIES</StockNm>
        <EOYBookValueAmt>911692</EOYBookValueAmt>
        <EOYFMVAmt>1065998</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc3">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>BROKER FEES</CategoryTxt>
        <Amt>17265</Amt>
        <NetInvestmentIncomeAmt>17265</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>17265</AdjustedNetIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc4">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>2367</Amt>
        <NetInvestmentIncomeAmt>2367</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2367</AdjustedNetIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>TAXES</CategoryTxt>
        <Amt>863</Amt>
        <NetInvestmentIncomeAmt>863</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>863</AdjustedNetIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>