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        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>5502869</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear1Amt>4767431</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>735438</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>HELEN E SNEDDEN FOUNDATION</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 70432</AddressLine1Txt>
            <CityNm>FAIRBANKS</CityNm>
            <StateAbbreviationCd>AK</StateAbbreviationCd>
            <ZIPCd>99707</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>9073225130</RecipientPhoneNum>
          <RecipientEmailAddressTxt>VIRGINIA@SNEDDENFDN.ORG</RecipientEmailAddressTxt>
        </ApplicationSubmissionInfoGrp>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>102018</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>63832</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>61517</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>46731</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>KDM - ADVERTISING REVENUE</Desc>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>513112</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>KDM-CIRCULATION INCOME</Desc>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>121833</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>KDM-ONLINE INCOME</Desc>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>26508</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>KDM-MISC SALES</Desc>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>11949</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>FDNM-ADVERTISING REVENUE</Desc>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>3485305</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>FDNM-CIRCULATION INCOME</Desc>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>1165816</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>FDNM-ONLINE INCOME</Desc>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>309695</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>FDNM-PRINTING INCOME</Desc>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>100363</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>FDNM-MISC SALES</Desc>
          <ExclusionCd>25</ExclusionCd>
          <ExclusionAmt>28283</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>5990231</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>46731</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>6036962</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>
    <GainLossSaleOtherAssetsSch documentId="RetDoc1">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>NEXTERA ENERGY CAP H</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-10</SoldDt>
        <GrossSalesPriceAmt>25343</GrossSalesPriceAmt>
        <BasisAmt>24475</BasisAmt>
        <TotalNetAmt>868</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>AK ST HFC</AssetDesc>
        <AcquiredDt>2012-05</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-12</SoldDt>
        <GrossSalesPriceAmt>200000</GrossSalesPriceAmt>
        <BasisAmt>200000</BasisAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ANCHORAGE AK 5.0</AssetDesc>
        <AcquiredDt>2010-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-08</SoldDt>
        <GrossSalesPriceAmt>150000</GrossSalesPriceAmt>
        <BasisAmt>150000</BasisAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>ANCHORAGE AK 3.0</AssetDesc>
        <AcquiredDt>2009-12</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-05</SoldDt>
        <GrossSalesPriceAmt>50000</GrossSalesPriceAmt>
        <BasisAmt>50000</BasisAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>PHOENIX AL A 3.25</AssetDesc>
        <AcquiredDt>2009-10</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-08</SoldDt>
        <GrossSalesPriceAmt>25000</GrossSalesPriceAmt>
        <BasisAmt>25000</BasisAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CAMPBELL SOUP CO COM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-07</SoldDt>
        <GrossSalesPriceAmt>248</GrossSalesPriceAmt>
        <BasisAmt>283</BasisAmt>
        <TotalNetAmt>-35</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CHEMOURS CO COM, CC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-12</SoldDt>
        <GrossSalesPriceAmt>7</GrossSalesPriceAmt>
        <BasisAmt>5</BasisAmt>
        <TotalNetAmt>2</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CHEVRON CORP</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-12</SoldDt>
        <GrossSalesPriceAmt>781</GrossSalesPriceAmt>
        <BasisAmt>705</BasisAmt>
        <TotalNetAmt>76</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>GENERAL ELECTRIC CO</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-12</SoldDt>
        <GrossSalesPriceAmt>135</GrossSalesPriceAmt>
        <BasisAmt>205</BasisAmt>
        <TotalNetAmt>-70</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>GENERAL MILLS INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-12</SoldDt>
        <GrossSalesPriceAmt>421</GrossSalesPriceAmt>
        <BasisAmt>414</BasisAmt>
        <TotalNetAmt>7</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>KELLOGG COMPANY</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-07</SoldDt>
        <GrossSalesPriceAmt>339</GrossSalesPriceAmt>
        <BasisAmt>386</BasisAmt>
        <TotalNetAmt>-47</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>MCDONALDS CORP</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-12</SoldDt>
        <GrossSalesPriceAmt>904</GrossSalesPriceAmt>
        <BasisAmt>710</BasisAmt>
        <TotalNetAmt>194</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>MICROCHIP TECHNOLOGYING COM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-03</SoldDt>
        <GrossSalesPriceAmt>402</GrossSalesPriceAmt>
        <BasisAmt>295</BasisAmt>
        <TotalNetAmt>107</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>NEXTERA ENERGY INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-08</SoldDt>
        <GrossSalesPriceAmt>916</GrossSalesPriceAmt>
        <BasisAmt>785</BasisAmt>
        <TotalNetAmt>131</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>PAYCHEX INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-04</SoldDt>
        <GrossSalesPriceAmt>397</GrossSalesPriceAmt>
        <BasisAmt>377</BasisAmt>
        <TotalNetAmt>20</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>PROCTER &amp; GAMBLE CO</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-05</SoldDt>
        <GrossSalesPriceAmt>389</GrossSalesPriceAmt>
        <BasisAmt>382</BasisAmt>
        <TotalNetAmt>7</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>SYSCO CORP</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-04</SoldDt>
        <GrossSalesPriceAmt>205</GrossSalesPriceAmt>
        <BasisAmt>199</BasisAmt>
        <TotalNetAmt>6</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>TOTAL S A SPONSORED ADR</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-05</SoldDt>
        <GrossSalesPriceAmt>426</GrossSalesPriceAmt>
        <BasisAmt>354</BasisAmt>
        <TotalNetAmt>72</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>UNITED PARCEL SVC INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-06</SoldDt>
        <GrossSalesPriceAmt>598</GrossSalesPriceAmt>
        <BasisAmt>601</BasisAmt>
        <TotalNetAmt>-3</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>WASTE MANAGEMENT, INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-02</SoldDt>
        <GrossSalesPriceAmt>376</GrossSalesPriceAmt>
        <BasisAmt>341</BasisAmt>
        <TotalNetAmt>35</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>WELLTOWER INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-09</SoldDt>
        <GrossSalesPriceAmt>585</GrossSalesPriceAmt>
        <BasisAmt>519</BasisAmt>
        <TotalNetAmt>66</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CAMPBELL SOUP CO</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-07</SoldDt>
        <GrossSalesPriceAmt>10583</GrossSalesPriceAmt>
        <BasisAmt>9107</BasisAmt>
        <TotalNetAmt>1476</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CHEMOURS CO COM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-12</SoldDt>
        <GrossSalesPriceAmt>1985</GrossSalesPriceAmt>
        <BasisAmt>747</BasisAmt>
        <TotalNetAmt>1238</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>CHEVRON CORP</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-12</SoldDt>
        <GrossSalesPriceAmt>26416</GrossSalesPriceAmt>
        <BasisAmt>24358</BasisAmt>
        <TotalNetAmt>2058</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>GENERAL ELECTRIC CO</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-12</SoldDt>
        <GrossSalesPriceAmt>3779</GrossSalesPriceAmt>
        <BasisAmt>5337</BasisAmt>
        <TotalNetAmt>-1558</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>GENERAL MILLS INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-12</SoldDt>
        <GrossSalesPriceAmt>12058</GrossSalesPriceAmt>
        <BasisAmt>11237</BasisAmt>
        <TotalNetAmt>821</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>JOHNSON &amp; JOHNSON, INC</AssetDesc>
        <AcquiredDt>2015-01</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-07</SoldDt>
        <GrossSalesPriceAmt>13395</GrossSalesPriceAmt>
        <BasisAmt>10439</BasisAmt>
        <TotalNetAmt>2956</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>KELLOGG COMPANY</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-07</SoldDt>
        <GrossSalesPriceAmt>13791</GrossSalesPriceAmt>
        <BasisAmt>13743</BasisAmt>
        <TotalNetAmt>48</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>MCDONALDS CORP</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-12</SoldDt>
        <GrossSalesPriceAmt>34321</GrossSalesPriceAmt>
        <BasisAmt>19936</BasisAmt>
        <TotalNetAmt>14385</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>MICROCHIP TECHNOLOGYING COM</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-03</SoldDt>
        <GrossSalesPriceAmt>15247</GrossSalesPriceAmt>
        <BasisAmt>8717</BasisAmt>
        <TotalNetAmt>6530</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>NEXTERA ENERGY INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-08</SoldDt>
        <GrossSalesPriceAmt>31037</GrossSalesPriceAmt>
        <BasisAmt>22146</BasisAmt>
        <TotalNetAmt>8891</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>PAYCHEX INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-04</SoldDt>
        <GrossSalesPriceAmt>12325</GrossSalesPriceAmt>
        <BasisAmt>9519</BasisAmt>
        <TotalNetAmt>2806</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>PROCTER &amp; GAMBLE CO</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-05</SoldDt>
        <GrossSalesPriceAmt>18141</GrossSalesPriceAmt>
        <BasisAmt>18718</BasisAmt>
        <TotalNetAmt>-577</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>SYSCO CORP</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-04</SoldDt>
        <GrossSalesPriceAmt>10932</GrossSalesPriceAmt>
        <BasisAmt>8276</BasisAmt>
        <TotalNetAmt>2656</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>TOTAL S A SPONSORED ADR</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-05</SoldDt>
        <GrossSalesPriceAmt>11088</GrossSalesPriceAmt>
        <BasisAmt>10564</BasisAmt>
        <TotalNetAmt>524</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>UNITED PARCEL SVC INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-06</SoldDt>
        <GrossSalesPriceAmt>22401</GrossSalesPriceAmt>
        <BasisAmt>22817</BasisAmt>
        <TotalNetAmt>-416</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>WASTE MANAGEMENT INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-02</SoldDt>
        <GrossSalesPriceAmt>14417</GrossSalesPriceAmt>
        <BasisAmt>10604</BasisAmt>
        <TotalNetAmt>3813</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>WELLTOWER INC</AssetDesc>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-09</SoldDt>
        <GrossSalesPriceAmt>16247</GrossSalesPriceAmt>
        <BasisAmt>16603</BasisAmt>
        <TotalNetAmt>-356</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2">
      <InvestmentsCorporateBondsGrp>
        <BondNm>BONDS: TAXABLE</BondNm>
        <EOYBookValueAmt>200140</EOYBookValueAmt>
        <EOYFMVAmt>208295</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc3">
      <InvestmentsCorporateStockGrp>
        <StockNm>EQUITIES</StockNm>
        <EOYBookValueAmt>382184</EOYBookValueAmt>
        <EOYFMVAmt>742203</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIDELITY EQUITIES</StockNm>
        <EOYBookValueAmt>143516</EOYBookValueAmt>
        <EOYFMVAmt>166729</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="RetDoc4">
      <StateLocalSecBookVlEOYAmt>1764856</StateLocalSecBookVlEOYAmt>
      <StateLocalSecEOYFMVAmt>1802166</StateLocalSecEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="RetDoc5">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MUTUAL FUNDS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1631589</BookValueAmt>
        <EOYFMVAmt>2037462</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="RetDoc6">
      <LegalFeesGrp>
        <CategoryTxt>FDNM LEGAL EXPENSES</CategoryTxt>
        <LegalFeesAmt>2365</LegalFeesAmt>
        <NetInvestmentIncomeAmt>2365</NetInvestmentIncomeAmt>
      </LegalFeesGrp>
      <LegalFeesGrp>
        <CategoryTxt>HESF LEGAL EXPENSES</CategoryTxt>
        <LegalFeesAmt>4061</LegalFeesAmt>
        <NetInvestmentIncomeAmt>4061</NetInvestmentIncomeAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="RetDoc7">
      <OtherAssetsScheduleGrp>
        <Desc>INVESTMENT IN FDNM LLC</Desc>
        <BOYBookValueAmt>2650890</BOYBookValueAmt>
        <EOYBookValueAmt>4630357</EOYBookValueAmt>
        <EOYFMVAmt>4630357</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>INVESTMENT IN KDM LLC</Desc>
        <BOYBookValueAmt>1182505</BOYBookValueAmt>
        <EOYBookValueAmt>779236</EOYBookValueAmt>
        <EOYFMVAmt>779236</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc8">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>COMMUNICATION EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>81785</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>79558</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2227</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>113001</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>111744</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1257</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>48659</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>48388</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>271</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BOOKS, SUBSCRIPTIONS, REFEREN</Desc>
        <RevenueAndExpensesPerBooksAmt>2014</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2014</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>LAUNDRY EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>7069</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>7069</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>RECRUITING/MOVING EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>6838</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>6838</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MILEAGE REIMBURSEMENT</Desc>
        <RevenueAndExpensesPerBooksAmt>16387</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>16313</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>74</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SYNDICATED FEATURES/CONTRACT</Desc>
        <RevenueAndExpensesPerBooksAmt>384758</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>384758</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CONSULTANT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>229</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>229</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK/CREDIT CARD SERVICE CHAR</Desc>
        <RevenueAndExpensesPerBooksAmt>82496</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>82496</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BAD DEBT EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>46254</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>46254</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>WORKERS COMP INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>123420</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>121861</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1559</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>42501</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>42501</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>REPAIR &amp; MAINTENANCE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>222696</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>222696</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>NEWSPRINT, INK &amp; SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>260064</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>260064</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DELIVERY RELATED EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>214913</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>214913</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>94359</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>94359</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DONATIONS/GRANTS</Desc>
        <RevenueAndExpensesPerBooksAmt>6262</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>6262</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>LOSS ON SALE OF FIXED ASSETS</Desc>
        <RevenueAndExpensesPerBooksAmt>4460</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4460</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT DEPRECIATION</Desc>
        <RevenueAndExpensesPerBooksAmt>191641</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>191641</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc10">
      <OtherIncomeDetail>
        <Desc>KDM - ADVERTISING REVENUE</Desc>
        <RevenueAndExpensesPerBooksAmt>513112</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>513112</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>KDM-CIRCULATION INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>121833</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>121833</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>KDM-ONLINE INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>26508</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>26508</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>KDM-MISC SALES</Desc>
        <RevenueAndExpensesPerBooksAmt>11949</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>11949</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>FDNM-ADVERTISING REVENUE</Desc>
        <RevenueAndExpensesPerBooksAmt>3485305</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3485305</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>FDNM-CIRCULATION INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>1165816</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1165816</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>FDNM-ONLINE INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>309695</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>309695</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>FDNM-PRINTING INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>100363</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>100363</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>FDNM-MISC SALES</Desc>
        <RevenueAndExpensesPerBooksAmt>28283</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>28283</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="RetDoc9">
      <OtherIncreasesDetail>
        <Desc>UNREALIZED GAINS ON INVESTMENTS</Desc>
        <Amt>1003003</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc11">
      <OtherLiabilitiesDetail>
        <Desc>WEDBUSH SECURITIES-MARGIN ACCOUNT</Desc>
        <BOYBookValueAmt>1832677</BOYBookValueAmt>
        <EOYBookValueAmt>1835195</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
      <OtherLiabilitiesDetail>
        <Desc>ACCRUED SALARIES, VACATION, &amp; EE WIT</Desc>
        <BOYBookValueAmt>417832</BOYBookValueAmt>
        <EOYBookValueAmt>439232</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc12">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>FDNM PROFESSIONAL FEES</CategoryTxt>
        <Amt>5322</Amt>
        <NetInvestmentIncomeAmt>5322</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>KDM PROFESSIONAL FEES</CategoryTxt>
        <Amt>1044</Amt>
        <NetInvestmentIncomeAmt>1044</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>HESF PROFESSIONAL FEES</CategoryTxt>
        <Amt>171</Amt>
        <DisbursementsCharitablePrpsAmt>171</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>VENDOR COMMISSIONS &amp; PROMOTIONS</CategoryTxt>
        <Amt>200353</Amt>
        <NetInvestmentIncomeAmt>200353</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc13">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAXES PAID</CategoryTxt>
        <Amt>1000</Amt>
        <NetInvestmentIncomeAmt>1000</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES PAID</CategoryTxt>
        <Amt>83</Amt>
        <NetInvestmentIncomeAmt>83</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>BUSINESS LICENSE TAXES</CategoryTxt>
        <Amt>1500</Amt>
        <NetInvestmentIncomeAmt>1125</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>375</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAXES</CategoryTxt>
        <Amt>72513</Amt>
        <NetInvestmentIncomeAmt>72513</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>MISCELLENEOUS TAXES</CategoryTxt>
        <Amt>1129</Amt>
        <NetInvestmentIncomeAmt>1129</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>