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          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CHAD NAQUIN</PersonNm>
          <USAddress>
            <AddressLine1Txt>330 MARSHALL SUITE 1440</AddressLine1Txt>
            <CityNm>SHREVEPORT</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71101</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>TOYA GRAHAM</PersonNm>
          <USAddress>
            <AddressLine1Txt>330 MARSHALL SUITE 1440</AddressLine1Txt>
            <CityNm>SHREVEPORT</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71101</ZIPCd>
          </USAddress>
          <TitleTxt>Executive Dir.</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>65500</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>AUSTIN DARR</PersonNm>
          <USAddress>
            <AddressLine1Txt>330 MARSHALL ST SUITE 1440</AddressLine1Txt>
            <CityNm>SHREVEPORT</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71101</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MATT WOLF</PersonNm>
          <USAddress>
            <AddressLine1Txt>330 MARSHALL ST SUITE 1440</AddressLine1Txt>
            <CityNm>SHREVEPORT</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71101</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.50</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>18642464</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>510670</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>6985022</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>26138156</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>26138156</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>392072</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>25746084</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>1287304</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>1287304</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>53801</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>53801</TotalTaxAmt>
        <DistributableBeforeAdjAmt>1233503</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>1233503</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>1233503</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>1309413</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>1309413</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>1309413</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>1233503</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>669095</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>1309413</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>669095</AppliedToYear1Amt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>640318</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>593185</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>TOYA GRAHAM EXECUTIVE DIRECTOR</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>330 MARSHALL ST 1440</AddressLine1Txt>
            <CityNm>SHREVEPORT</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71101</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>3182218276</RecipientPhoneNum>
          <RecipientEmailAddressTxt>TOYA@BEAIRDFOUNDATION.ORG</RecipientEmailAddressTxt>
          <FormAndInfoAndMaterialsTxt>THE APPLICATION FORM IS AVAILABLE AT WWW.BEAIRDFOUNDATION.ORG. APPLICANTS MUST USE THIS FORM AND SUBMIT ONLINE AT THIS WEBSITE. IN ADDITION, PRIOR TO THE SUBMISSION OF AN APPLICATION, APPLICANT MUST COMPLETE A LETTER OF INTENT.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>SEMI ANNUAL DEADLINES: JANUARY 5TH AND JULY 21ST.</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>AWARDS ARE PRIMARILY TO QUALIFIED NON-PROFIT ORGANIZATIONS LOCATED IN THE SHREVEPORT AND BOSSIER CITY AREAS OF NORTH LOUISIANA. NO SCHOLARSHIPS OR GRANTS ARE AWARDED TO INDIVIDUALS.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SUMMARY-SEE ATTACHED LIST FOR DETAI</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>330 MARSHALL ST SUITE 1440</AddressLine1Txt>
            <CityNm>SHREVEPORT</CityNm>
            <StateAbbreviationCd>LA</StateAbbreviationCd>
            <ZIPCd>71101</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>NC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SEE ATTACHED LIST</GrantOrContributionPurposeTxt>
          <Amt>1127219</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1127219</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>3561</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>434288</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>275829</ExclusionAmt>
        </OtherInvestmentIncmPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>2638394</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>162020</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>2638394</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>2800414</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" softwareId="17005038" softwareVersionNum="2017v2.2">
      <AccountingFeesDetail>
        <CategoryTxt>TMCE LLP</CategoryTxt>
        <Amt>3370</Amt>
        <NetInvestmentIncomeAmt>945</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2425</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <DepreciationPropertyGrp>
        <PropertyDesc>CONFERENCE TABLE</PropertyDesc>
        <AcquiredDt>2013-12-03</AcquiredDt>
        <CostOrOtherBasisAmt>1093</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>488</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.1429</Rt>
        <CurrentYearExpenseAmt>156</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAPTOP</PropertyDesc>
        <AcquiredDt>2017-06-20</AcquiredDt>
        <CostOrOtherBasisAmt>888</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.1667</Rt>
        <CurrentYearExpenseAmt>148</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>I-CLICKERS</PropertyDesc>
        <AcquiredDt>2017-06-20</AcquiredDt>
        <CostOrOtherBasisAmt>2738</CostOrOtherBasisAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <Rt>0.2000</Rt>
        <CurrentYearExpenseAmt>548</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PROJECTOR</PropertyDesc>
        <AcquiredDt>2017-07-19</AcquiredDt>
        <CostOrOtherBasisAmt>658</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <Rt>0.1667</Rt>
        <CurrentYearExpenseAmt>110</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <LandEtcSchedule2 documentId="LandEtcSchedule2" softwareId="17005038" softwareVersionNum="2017v2.2">
      <LandEtcGrp>
        <CategoryOrItemTxt>Furniture and Fixtures</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>7228</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>6779</AccumulatedDepreciationAmt>
        <BookValueAmt>449</BookValueAmt>
        <EOYFMVAmt>3926</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Machinery and Equipment</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>4284</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>806</AccumulatedDepreciationAmt>
        <BookValueAmt>3478</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <OtherAssetsScheduleGrp>
        <Desc>BEAIRD PROPERTIES</Desc>
        <BOYBookValueAmt>4592261</BOYBookValueAmt>
        <EOYBookValueAmt>5699188</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>BEAIRD PROPERTIES LLC MEMBER INTEREST</Desc>
        <EOYFMVAmt>6985022</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <OtherExpensesScheduleGrp>
        <Desc>DUES &amp; SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>6050</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>6050</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>EMPLOYEE HEALTH INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>10482</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>10482</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>974</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>974</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MEMBER COMPENSATION</Desc>
        <RevenueAndExpensesPerBooksAmt>8521</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>8521</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSE &amp; TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>4004</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>4004</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PROFESIONAL DEVELOPMENT</Desc>
        <RevenueAndExpensesPerBooksAmt>2502</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>2502</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2" softwareId="17005038" softwareVersionNum="2017v2.2">
      <OtherIncomeDetail>
        <Desc>Other Investment Income</Desc>
        <RevenueAndExpensesPerBooksAmt>-275829</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-275829</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <OtherIncreasesDetail>
        <Desc>rounding</Desc>
        <Amt>1</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>BERNSTEIN ADVISORS</CategoryTxt>
        <Amt>99037</Amt>
        <NetInvestmentIncomeAmt>99037</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="17005038" softwareVersionNum="2017v2.2">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX OF INVESTMENT INCOME</CategoryTxt>
        <Amt>53801</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX ON DIVIDENDS</CategoryTxt>
        <Amt>10378</Amt>
        <NetInvestmentIncomeAmt>10378</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PAYROLL TAXES</CategoryTxt>
        <Amt>5011</Amt>
        <DisbursementsCharitablePrpsAmt>5011</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PENALTY</CategoryTxt>
        <Amt>48</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>STATE FILING FEE</CategoryTxt>
        <Amt>10</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>