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          <PropertyDesc>CHARLES SCHWAB</PropertyDesc>
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          <TitleTxt>SECRETARY &amp;</TitleTxt>
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        <Description1Txt>TO AWARD SCHOLARSHIPS TO HORNBECK HIGH SCHOOL STUDENTS.</Description1Txt>
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          <RecipientPersonNm>BRENT COON ASSOCIATES</RecipientPersonNm>
          <RecipientUSAddress>
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            <CityNm>BEAUMONT</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
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          <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>
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            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71439</ZIPCd>
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          <RecipientPersonNm>CARLEE SQUILLINI</RecipientPersonNm>
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            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71429</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
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          <Amt>15000</Amt>
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          <RecipientPersonNm>CHASE HOPKINS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>819 CENCHREA ROAD</AddressLine1Txt>
            <CityNm>FLORIEN</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71429</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>AVERY THORNTON</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>152 THORNTON DRIVE</AddressLine1Txt>
            <CityNm>HORNBECK</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71439</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KYLE ADAM HOPKINS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>819 CENCHREA ROAD</AddressLine1Txt>
            <CityNm>FLORIEN</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71429</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MEGAN ROSE ELLIS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>631 MARTIN STREET</AddressLine1Txt>
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            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71439</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>RYAN JAMES QUINN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>109 HIDDEN TRAILS ROAD</AddressLine1Txt>
            <CityNm>LEESVILLE</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71446</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>WILLIAM LAWRENCE DEWIL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>2122 RATTAN ROAD</AddressLine1Txt>
            <CityNm>FLORIEN</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71429</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CONNOR P ARTHUR</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>500 ARTHUR PLACE</AddressLine1Txt>
            <CityNm>FLORIEN</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71429</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>RANESSA A WALLS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>4794 HIGHWAY 392</AddressLine1Txt>
            <CityNm>HORNBECK</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71439</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>TORRI D HOLLIS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 46</AddressLine1Txt>
            <CityNm>HORNBECK</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71439</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>EXEMPT</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>80900</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>42011</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>52112</ExclusionAmt>
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        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>94123</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>94123</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>2200</Amt>
        <NetInvestmentIncomeAmt>2200</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>2200</AdjustedNetIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2">
      <InvestmentsCorporateStockGrp>
        <StockNm>MARKETABLE SECURITIES</StockNm>
        <EOYBookValueAmt>1021307</EOYBookValueAmt>
        <EOYFMVAmt>991465</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc3">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SUPPLIES AND STAMPS</Desc>
        <RevenueAndExpensesPerBooksAmt>50</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>50</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>50</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc4">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>BROKER FEES</CategoryTxt>
        <Amt>18156</Amt>
        <NetInvestmentIncomeAmt>18156</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>18156</AdjustedNetIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc5">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>1772</Amt>
        <NetInvestmentIncomeAmt>1772</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1772</AdjustedNetIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>TAXES</CategoryTxt>
        <Amt>656</Amt>
        <NetInvestmentIncomeAmt>656</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>656</AdjustedNetIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>