﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2018v3.1" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2019-11-11T05:20:27-08:00</ReturnTs>
    <TaxPeriodEndDt>2018-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>561678619</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Arrowood &amp; Associates PA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>1546A Union Road</AddressLine1Txt>
        <CityNm>Gastonia</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>28054</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2018-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>813586325</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>MCH FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>MCHF</BusinessNameControlTxt>
      <PhoneNum>7048745105</PhoneNum>
      <USAddress>
        <AddressLine1Txt>531 COTTON BLOSSOM CIRCLE</AddressLine1Txt>
        <CityNm>GASTONIA</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>28054</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>JULIA B SINGH</PersonNm>
      <PersonTitleTxt>President</PersonTitleTxt>
      <SignatureDt>2019-11-06</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>WILLIAM W ARROWOOD</PreparerPersonNm>
      <PTIN>P01046791</PTIN>
      <PhoneNum>7048611420</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2018</TaxYr>
    <BuildTS>2020-04-17 16:48:07Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="5">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation" softwareId="18007218" softwareVersionNum="2018v3.1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>4926440</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>132632</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>132632</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>154007</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1368452</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>154007</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>286639</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>286639</TotalNetInvstIncmAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="LegalFeesSchedule">2000</LegalFeesRevAndExpnssAmt>
        <LegalFeesDsbrsChrtblAmt>2000</LegalFeesDsbrsChrtblAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OtherProfessionalFeesSchedule">13057</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>13057</OtherProfFeesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>15057</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>13057</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>2000</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>275000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>275000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>290057</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>13057</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>277000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-3418</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>273582</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>197832</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>179185</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>179185</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>3723418</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">3706244</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>3715260</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>1011576</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="InvestmentsCorpBondsSchedule">1043979</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>1031995</CorporateBondsEOYFMVAmt>
        <TotalAssetsBOYAmt>4932826</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>4929408</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>4926440</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>4932826</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>4929408</CapitalStockEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>4932826</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>4929408</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>4932826</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>4929408</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>4932826</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-3418</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>4929408</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>4929408</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MARKETABLE SECURITIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-01-01</AcquiredDt>
          <SoldDt>2018-12-31</SoldDt>
          <GrossSalesPriceAmt>1368452</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1214445</CostOrOtherBasisAmt>
          <GainOrLossAmt>154007</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>154007</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>154007</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>250306</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>5323749</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.04702</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>25000</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>406510</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.06150</DistributionYr2Rt>
        <TotalDistributionRt>0.108516</TotalDistributionRt>
        <AverageDistributionRt>0.054258</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>5517674</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>299378</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>2736</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>302114</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>277000</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>5472</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>5472</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>5472</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>13306</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>13306</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>7834</OverpaymentAmt>
        <AppliedToESTaxAmt>7834</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>false</Form990TFiledInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>NC</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>JULIA SINGH</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>7048745105</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>531 COTTON BLOSSOM CIRCLE</AddressLine1Txt>
          <CityNm>GASTONIA</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>28054</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>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <ExcessBusinessHoldingsInd>false</ExcessBusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>false</TransactionsFailToQlfyAsExcInd>
        <MaintainedExpenditureRspnsInd>false</MaintainedExpenditureRspnsInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <ProceedsOrNetIncomeInd>false</ProceedsOrNetIncomeInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SHEPARD K HALSCH</PersonNm>
          <USAddress>
            <AddressLine1Txt>2 JUNIPER ROAD</AddressLine1Txt>
            <CityNm>DARIEN</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06820</ZIPCd>
          </USAddress>
          <TitleTxt>Chairman</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>THOMAS M HALSCH</PersonNm>
          <USAddress>
            <AddressLine1Txt>2 JUNIPER ROAD</AddressLine1Txt>
            <CityNm>DARIEN</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06820</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PAMELA K WARLICK</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO DRAWER 1787</AddressLine1Txt>
            <CityNm>GASTONIA</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28053</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JULIA B SINGH</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO DRAWER 1787</AddressLine1Txt>
            <CityNm>GASTONIA</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28053</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>5.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>5517610</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>84090</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>5601700</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>5601700</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>84026</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>5517674</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>275884</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>275884</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>5472</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>5472</TotalTaxAmt>
        <DistributableBeforeAdjAmt>270412</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>270412</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>270412</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>277000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>277000</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>277000</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>270412</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>6688</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>277000</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>6688</AppliedToYear1Amt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>270312</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>100</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>SHEPARD K HALSCH</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>GASTON DAY SCHOOL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2001 GASTON DAY SCHOOL ROAD</AddressLine1Txt>
            <CityNm>GASTONIA</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28056</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL EDUCATIONAL MISSION OF THE SCHOOL</GrantOrContributionPurposeTxt>
          <Amt>60000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>GASTON COUNTY FAMILY YMCA</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>201 SOUTH CLAY STREET</AddressLine1Txt>
            <CityNm>GASTONIA</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28052</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CAPITAL PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>EAGLE HILL SCHOOL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>214 MAIN STREET</AddressLine1Txt>
            <CityNm>SOUTHPORT</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06490</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL EDUCATION MISSION OF THE SCHOOL</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KIAWAH CARES FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>23 BEACHWALKER DRIVE</AddressLine1Txt>
            <CityNm>KIAWAH ISLAND</CityNm>
            <StateAbbreviationCd>SC</StateAbbreviationCd>
            <ZIPCd>29455</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL MISSION OF THE ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>90000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NOROTON PRESBYTERIAN CHURCH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2011 POST RD</AddressLine1Txt>
            <CityNm>DARIEN</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06820</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL OPERATION SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>275000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>132632</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>154007</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>286639</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>286639</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>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule" softwareId="18007218" softwareVersionNum="2018v3.1">
      <InvestmentsCorporateBondsGrp>
        <BondNm>VANGUARD TOTAL INTL BND-ADM</BondNm>
        <EOYBookValueAmt>281891</EOYBookValueAmt>
        <EOYFMVAmt>281091</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JPM CORE BOND-R6</BondNm>
        <EOYBookValueAmt>451796</EOYBookValueAmt>
        <EOYFMVAmt>443553</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JANUS HIGH-YIELD FD-I</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>METROPOLITAN WEST T/R BD-PLN</BondNm>
        <EOYBookValueAmt>103112</EOYBookValueAmt>
        <EOYFMVAmt>102099</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ISHARES JP MORGAN EM BOND FUND</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JH II STRAT INC OPPORT-R6</BondNm>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DODGE &amp; COX INCOME FD</BondNm>
        <EOYBookValueAmt>56651</EOYBookValueAmt>
        <EOYFMVAmt>54355</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>SIX CIRCLES ULTRA SHORT DURATION</BondNm>
        <EOYBookValueAmt>49272</EOYBookValueAmt>
        <EOYFMVAmt>49070</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VANGUARD SHORT-TERM BOND ETF</BondNm>
        <EOYBookValueAmt>101257</EOYBookValueAmt>
        <EOYFMVAmt>101827</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="18007218" softwareVersionNum="2018v3.1">
      <InvestmentsCorporateStockGrp>
        <StockNm>DIAMOND HILL LARGE CAP FD-1</StockNm>
        <EOYBookValueAmt>11432</EOYBookValueAmt>
        <EOYFMVAmt>10540</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES CORE S&amp;P 500 ETF</StockNm>
        <EOYBookValueAmt>1655198</EOYBookValueAmt>
        <EOYFMVAmt>1824424</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMG MANAGERS PICTET INTERNATIONAL</StockNm>
        <EOYBookValueAmt>130008</EOYBookValueAmt>
        <EOYFMVAmt>109296</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ARTISAN INTERNATIONAL FD-ADV</StockNm>
        <EOYBookValueAmt>91749</EOYBookValueAmt>
        <EOYFMVAmt>96105</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CAUSEWAY INTERNATL VAL-INST</StockNm>
        <EOYBookValueAmt>128021</EOYBookValueAmt>
        <EOYFMVAmt>122875</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JPM GLBL RES ENH INDEX R6</StockNm>
        <EOYBookValueAmt>373015</EOYBookValueAmt>
        <EOYFMVAmt>356139</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LOOMIS SAYLES GROWTH-N2</StockNm>
        <EOYBookValueAmt>9551</EOYBookValueAmt>
        <EOYFMVAmt>11016</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES MSCI EAFEINTL INDEX FD CL K</StockNm>
        <EOYBookValueAmt>645028</EOYBookValueAmt>
        <EOYFMVAmt>610614</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BROWN ADV JAPAN ALPHA OPP-IS</StockNm>
        <EOYBookValueAmt>46418</EOYBookValueAmt>
        <EOYFMVAmt>29322</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIDELITY 500 INDEX FD-AI</StockNm>
        <EOYBookValueAmt>108890</EOYBookValueAmt>
        <EOYFMVAmt>102707</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SIX CIRCLES US UNCONSTRAINED</StockNm>
        <EOYBookValueAmt>221991</EOYBookValueAmt>
        <EOYFMVAmt>199155</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JPMORGAN BETABUILDERS CANADA ETF</StockNm>
        <EOYBookValueAmt>115441</EOYBookValueAmt>
        <EOYFMVAmt>98548</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SIX CIRCLES INTERNATIONAL</StockNm>
        <EOYBookValueAmt>110995</EOYBookValueAmt>
        <EOYFMVAmt>98239</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES INC MSCI JAPAN NEW</StockNm>
        <EOYBookValueAmt>58507</EOYBookValueAmt>
        <EOYFMVAmt>46280</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="LegalFeesSchedule" softwareId="18007218" softwareVersionNum="2018v3.1">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>2000</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2000</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="18007218" softwareVersionNum="2018v3.1">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT FEES</CategoryTxt>
        <Amt>13057</Amt>
        <NetInvestmentIncomeAmt>13057</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
  </ReturnData>
</Return>