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            <AddressLine1Txt>2636 BIEHN STREET</AddressLine1Txt>
            <CityNm>KLAMATH FALLS</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97601</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ANDREA OLSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>2636 BIEHN STREET</AddressLine1Txt>
            <CityNm>KLAMATH FALLS</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97601</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BOB KINGZETT</PersonNm>
          <USAddress>
            <AddressLine1Txt>2636 BIEHN STREET</AddressLine1Txt>
            <CityNm>KLAMATH FALLS</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97601</ZIPCd>
          </USAddress>
          <TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>153000</CompensationAmt>
          <EmployeeBenefitProgramAmt>13563</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROBERT TURNER</PersonNm>
          <USAddress>
            <AddressLine1Txt>2636 BIEHN STREET</AddressLine1Txt>
            <CityNm>KLAMATH FALLS</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97601</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>NEXTJOB</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>2636 BIEHN ST</AddressLine1Txt>
            <CityNm>KLAMATH FALLS</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97601</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>CONSULTING</ServiceTypeTxt>
          <CompensationAmt>55254</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>CONSULTING, POLICY DEVELOPMENT,ANALYSIS, AND PROGRAM IMPLEMENTATION PROVIDED TO GOVERNMENTS ON VARIOUS SOCIAL WELFARE ISSUES AND PROGRAMS.</Description1Txt>
        <Expenses1Amt>113565</Expenses1Amt>
        <Description2Txt>GENERAL PHILANTHROPIC ACTIVITIES CONSISTING PRIMARILY OF GRANTS AND DONATIONS TO PROJECTS AND ORGANIZATIONS FOR COMMUNITY IMPROVEMENT, EDUCATIONAL AND HEALTH OR MEDICAL PURPOSES.</Description2Txt>
        <Expenses2Amt>1219308</Expenses2Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>9723943</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>1625628</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>5434908</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>16784479</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>16784479</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>251767</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>16532712</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>826636</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>1320039</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>1320039</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>1320039</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>0</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>607496</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr3Amt>3653301</ExcessDistributionCyovYr3Amt>
        <TotalExcessDistributionCyovAmt>4260797</TotalExcessDistributionCyovAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>0</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>4260797</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>607496</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>3653301</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear3Amt>3653301</ExcessFromYear3Amt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>152433</CurrentYearAmt>
          <Year1Amt>6514</Year1Amt>
          <Year2Amt>307367</Year2Amt>
          <Year3Amt>80147</Year3Amt>
          <TotalAmt>546461</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>129568</CurrentYearAmt>
          <Year1Amt>5537</Year1Amt>
          <Year2Amt>261262</Year2Amt>
          <Year3Amt>68125</Year3Amt>
          <TotalAmt>464492</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>1320039</CurrentYearAmt>
          <Year1Amt>1413866</Year1Amt>
          <Year2Amt>324989</Year2Amt>
          <Year3Amt>301486</Year3Amt>
          <TotalAmt>3360380</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriNotUsedDrtGrp>
          <CurrentYearAmt>0</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>0</Year2Amt>
          <Year3Amt>0</Year3Amt>
          <TotalAmt>0</TotalAmt>
        </QualifyingDistriNotUsedDrtGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>1320039</CurrentYearAmt>
          <Year1Amt>1413866</Year1Amt>
          <Year2Amt>324989</Year2Amt>
          <Year3Amt>301486</Year3Amt>
          <TotalAmt>3360380</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TotalAssetsGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsGrp>
        <TotalAssetsSect4942j3BiGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsSect4942j3BiGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>551091</CurrentYearAmt>
          <Year1Amt>593501</Year1Amt>
          <Year2Amt>204911</Year2Amt>
          <Year3Amt>53431</Year3Amt>
          <TotalAmt>1402934</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
        <TotalSupportGrp>
          <TotalAmt>0</TotalAmt>
        </TotalSupportGrp>
        <PublicSupportType>
          <TotalAmt>0</TotalAmt>
        </PublicSupportType>
        <LargestSupportFromEOGrp>
          <TotalAmt>0</TotalAmt>
        </LargestSupportFromEOGrp>
        <GrossInvestmentIncomeGrp>
          <TotalAmt>0</TotalAmt>
        </GrossInvestmentIncomeGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>RODERICK C WENDT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>3250 LAKEPORT BLVD</AddressLine1Txt>
            <CityNm>KLAMATH FALLS</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97601</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>5418823451</RecipientPhoneNum>
          <RecipientEmailAddressTxt>RODW@JELD-WEN.COM</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>NO SPECIFIC FORMAT REQUIRED.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE.</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>NONE.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COMMUNITY FOUNDATION OF MT VERNON &amp; KNOX COUNTY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1 SOUTH MAIN STREET</AddressLine1Txt>
            <CityNm>MT VERNON</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>43050</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>ELIGIBLE</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO COMMUNITY ENDOWMENT FUND</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>KLAMATH FALLS GOSPEL MISSION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>823 WALNUT AVENUE</AddressLine1Txt>
            <CityNm>KLAMATH FALLS</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97601</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>ELIGIBLE</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CAPITAL CAMPAIGN FUND</GrantOrContributionPurposeTxt>
          <Amt>85000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OREGON STATE UNIVERSITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1500 SW JEFFERSON STREET</AddressLine1Txt>
            <CityNm>CORVALLIS</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97331</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>ELIGIBLE</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ENDOWED CHAIR IN FORESTRY DEPARTMENT</GrantOrContributionPurposeTxt>
          <Amt>326788</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OREGON TECH FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3201 CAMPUS DRIVE</AddressLine1Txt>
            <CityNm>KLAMATH FALLS</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97601</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>ELIGIBLE</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CATALYZE EVENT SPONSORSHIP</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WILAMETTE UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>900 STATE STREET</AddressLine1Txt>
            <CityNm>SALEM</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97301</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>ELIGIBLE</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ENDOWED CHAIR IN ATKINSON GRADUATE SCHOOL OF MANAGEMENT</GrantOrContributionPurposeTxt>
          <Amt>300000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHALKBOARD PROJECT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>221 NW SECOND AVE SUITE 210E</AddressLine1Txt>
            <CityNm>PORTLAND</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97209</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>ELIGIBLE</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>OPERATIONS-EDUCATIONAL IMPROVEMENT PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BOY SCOUTS OF AMERICA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1819 MANZANITA ST</AddressLine1Txt>
            <CityNm>KLAMATH FALLS</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97601</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>ELIGIBLE</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>OREGON HEALTH SCIENCE UNIVERSITY EVENT SPONSORSHIP</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OREGON INSTITUTE OF TECHNOLOGY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3201 CAMPUS DRIVE</AddressLine1Txt>
            <CityNm>KLAMATH FALLS</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97601</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>ELIGIBLE</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EVENT SPONSORSHIP</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1018788</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>5451</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>36221</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp>
          <BusinessCd>531190</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>-856</UnrelatedBusinessTaxblIncmAmt>
        </NetRntlIncmReDebtFincdPropGrp>
        <NetRntlIncmReNotDebtFincdProp>
          <RelatedOrExemptFunctionIncmAmt>-14857</RelatedOrExemptFunctionIncmAmt>
        </NetRntlIncmReNotDebtFincdProp>
        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>969</ExclusionAmt>
        </OtherInvestmentIncmPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>64216</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>MISC REFUNDS</Desc>
          <RelatedOrExemptFunctionIncmAmt>606</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>PARTNERSHIP BUSINESS INCOME</Desc>
          <BusinessCd>525990</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>124899</UnrelatedBusinessTaxblIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>124043</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>106857</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>-14251</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>216649</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>11A</LineNumberTxt>
          <RelationshipStatementTxt>MISCELLANEOUS INCOME USED TO OFFSET OPERATING EXPENSES.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>11B</LineNumberTxt>
          <RelationshipStatementTxt>BUSINESS INCOME USED TO OFFSET OPERATING EXPENSES.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>ROBERT P KINGZETT</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>6419 FIESTA CT</AddressLine1Txt>
          <CityNm>KLAMATH FALLS</CityNm>
          <StateAbbreviationCd>OR</StateAbbreviationCd>
          <ZIPCd>97603</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>5000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING</CategoryTxt>
        <Amt>10025</Amt>
        <NetInvestmentIncomeAmt>2005</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>8020</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="RetDoc2213400001">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>EQUILIBRIUM CAPITAL GAINS-K-1</AssetDesc>
        <HowAcquiredTxt>PURCHASED</HowAcquiredTxt>
        <SalesExpenseAmt>0</SalesExpenseAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>BROOKS RESOURCE CORPPORATION</StockNm>
        <EOYBookValueAmt>1075860</EOYBookValueAmt>
        <EOYFMVAmt>1075860</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHILENO BAY DEVELOPMENT</StockNm>
        <EOYBookValueAmt>2000000</EOYBookValueAmt>
        <EOYFMVAmt>2000000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EQUILIBRIUM PARTNERS LP</StockNm>
        <EOYBookValueAmt>3004101</EOYBookValueAmt>
        <EOYFMVAmt>3004101</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>IMS FUND</StockNm>
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        <EOYFMVAmt>265081</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JELD-WEN HOLDING COMPANY</StockNm>
        <EOYBookValueAmt>9965374</EOYBookValueAmt>
        <EOYFMVAmt>9965374</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PELICAN CAPITAL LLC</StockNm>
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        <EOYFMVAmt>750000</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PAINTING - EDGAR S PAXSON</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>65000</EOYFMVAmt>
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        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>3372</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3372</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
      <LegalFeesGrp>
        <CategoryTxt>OTHER PROFESSIONAL</CategoryTxt>
        <LegalFeesAmt>372</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>372</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>3181</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>3032</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>3047</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1857</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>7819</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>7578</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>241</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>777</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>777</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT INTEREST EXPENSE-PARTNERSHIP</Desc>
        <RevenueAndExpensesPerBooksAmt>21</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>21</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>AMORTIZATION-EQUILIBRIUM PARTNERSHIP</Desc>
        <RevenueAndExpensesPerBooksAmt>2767</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2767</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO EXPENSES-EQUILIBRIUM PARTNERSHIP</Desc>
        <RevenueAndExpensesPerBooksAmt>1579</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1579</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NON-DED EXPENSES-EQUILIBRIUM PARTNERSHIP</Desc>
        <RevenueAndExpensesPerBooksAmt>114</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>17</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>EQUILIBRIUM PARTNERS I L.P.</Desc>
        <RevenueAndExpensesPerBooksAmt>856</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>856</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>856</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>EQUILIBRIUM PARTNERS I L.P.</Desc>
        <RevenueAndExpensesPerBooksAmt>14857</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>14857</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>14857</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>LITIGATION SETTLEMENT</Desc>
        <RevenueAndExpensesPerBooksAmt>969</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>969</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>969</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MISC REFUNDS</Desc>
        <RevenueAndExpensesPerBooksAmt>606</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>606</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>PARTNERSHIP BUSINESS INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>124899</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>124899</AdjustedNetIncomeAmt>
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    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="RetDoc2049700001">
      <OtherIncreasesDetail>
        <Desc>UNREALIZED GAINS/LOSSES ON INVESTMENTS</Desc>
        <Amt>2450569</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>PRIOR YEAR TAX ADJUSTMENT</Desc>
        <Amt>29478</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>K-1 PASS THROUGH LOSSES</Desc>
        <Amt>23479</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>ACCRUED INCOME ADJUSTMENT</Desc>
        <Amt>257</Amt>
      </OtherIncreasesDetail>
      <OtherIncreasesDetail>
        <Desc>BOOK/TAX DIFFERENCE PELICAN CAPITAL LLC</Desc>
        <Amt>19901</Amt>
      </OtherIncreasesDetail>
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      <OtherLiabilitiesDetail>
        <Desc>DEFERRED TAXES</Desc>
        <BOYBookValueAmt>30000</BOYBookValueAmt>
        <EOYBookValueAmt>0</EOYBookValueAmt>
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      <OtherLiabilitiesDetail>
        <Desc>PAYROLL LIABILITIES</Desc>
        <BOYBookValueAmt>150</BOYBookValueAmt>
        <EOYBookValueAmt>165</EOYBookValueAmt>
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    </OtherLiabilitiesSchedule>
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      <OtherProfessionalFeesDetail>
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        <Amt>21491</Amt>
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        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>16989</DisbursementsCharitablePrpsAmt>
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      <OtherProfessionalFeesDetail>
        <CategoryTxt>OUTSIDE CONSULTANTS</CategoryTxt>
        <Amt>67842</Amt>
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        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>68246</DisbursementsCharitablePrpsAmt>
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      <TaxesDetail>
        <CategoryTxt>FEDERAL INCOME TAX</CategoryTxt>
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        <NetInvestmentIncomeAmt>8750</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>8750</DisbursementsCharitablePrpsAmt>
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      <TaxesDetail>
        <CategoryTxt>STATE REGISTRATION FEES</CategoryTxt>
        <Amt>150</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>150</DisbursementsCharitablePrpsAmt>
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      <TaxesDetail>
        <CategoryTxt>FOREGIN INCOME TAX</CategoryTxt>
        <Amt>39</Amt>
        <NetInvestmentIncomeAmt>39</NetInvestmentIncomeAmt>
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        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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    </TaxesSchedule>
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</Return>