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            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90049</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>1000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>NATALIE HESSION</PersonNm>
          <USAddress>
            <AddressLine1Txt>11911 SAN VICENTE BLVD</AddressLine1Txt>
            <CityNm>LOS ANGELES</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>90049</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>1000</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>12117489</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>379068</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>110149</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>12606706</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>12606706</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>189101</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>12417605</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>620880</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>620880</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>9075</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>9075</TotalTaxAmt>
        <DistributableBeforeAdjAmt>611805</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>611805</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>611805</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>847579</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>847579</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>9075</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>838504</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>611805</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>243590</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>257098</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>232062</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>253618</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>179727</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>1166095</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>847579</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>611805</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>235774</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>1401869</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>243590</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>1158279</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>257098</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>232062</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>253618</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>179727</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>235774</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>JAMES AND CAROL COLLINS</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SCHEDULE ATTACHED</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>SCHEDULE ATTACHED</AddressLine1Txt>
            <CityNm>SCHEDULE ATTACHED</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>99999</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHEDULE ATTACHED</GrantOrContributionPurposeTxt>
          <Amt>754765</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>754765</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>30</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>271387</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>564900</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>PARTNERSHIP INCOME</Desc>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>110149</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>946466</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>946466</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-01">
      <AccountingFeesDetail>
        <CategoryTxt>EUGENE LEWIS &amp; ASSOCIATES TAX PREPARATION</CategoryTxt>
        <Amt>3270</Amt>
        <NetInvestmentIncomeAmt>818</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2452</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedul-01">
      <InvestmentsCorporateBondsGrp>
        <BondNm>SCHEDULE ATTACHED</BondNm>
        <EOYBookValueAmt>4980228</EOYBookValueAmt>
        <EOYFMVAmt>4980228</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedul-01">
      <InvestmentsCorporateStockGrp>
        <StockNm>SCHEDULE ATTACHED</StockNm>
        <EOYBookValueAmt>7775077</EOYBookValueAmt>
        <EOYFMVAmt>7775077</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2-01">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN CB MINERALS</CategoryOrItemTxt>
        <BookValueAmt>110149</BookValueAmt>
        <EOYFMVAmt>110149</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule-01">
      <OtherAssetsScheduleGrp>
        <Desc>PREPAID EXCISE TAXES</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>5200</EOYBookValueAmt>
        <EOYFMVAmt>5200</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="OtherDecreasesSchedule-01">
      <OtherDecreasesDetail>
        <Desc>EXCISE TAX PAYMENTS</Desc>
        <Amt>4831</Amt>
      </OtherDecreasesDetail>
      <OtherDecreasesDetail>
        <Desc>PENALTIES</Desc>
        <Amt>158</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule-01">
      <OtherExpensesScheduleGrp>
        <Desc>FILING FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>1014</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1014</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>2250</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1125</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1125</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2-01">
      <OtherIncomeDetail>
        <Desc>PARTNERSHIP INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>110149</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>110149</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule-01">
      <OtherIncreasesDetail>
        <Desc>UNREALIZED GAINS</Desc>
        <Amt>322618</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>ULD</Desc>
        <Amt>1</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>PRIOR YEAR CONTINGENT PAYABLE GRANT</Desc>
        <Amt>25000</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedu-01">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>PHILANTHROPIC ADMINISTRATION INC ADMINISTRATIVE SERVICES</CategoryTxt>
        <Amt>33000</Amt>
        <NetInvestmentIncomeAmt>16500</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>16500</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>PAYDEN &amp; RYGEL INVESTMENT MANAGEMENT SERVICES</CategoryTxt>
        <Amt>12280</Amt>
        <NetInvestmentIncomeAmt>12280</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
  </ReturnData>
</Return>