﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" returnVersion="2017v2.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2018-08-12T12:18:12-04:00</ReturnTs>
    <TaxPeriodEndDt>2017-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Niedersachsen Ltd</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>5642 Sylmar Rd</AddressLine1Txt>
        <CityNm>Houston</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>77081</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2017-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>760619640</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>David B Hendricks II Foundation</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>DAVI</BusinessNameControlTxt>
      <USAddress>
        <AddressLine1Txt>15100 Diamondhead Road</AddressLine1Txt>
        <CityNm>Montgomery</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>77356</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>David B Hendricks</PersonNm>
      <PersonTitleTxt>Director</PersonTitleTxt>
      <PhoneNum>9364413840</PhoneNum>
      <SignatureDt>2018-07-16</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Chris Kolenda</PreparerPersonNm>
      <PTIN>P00644073</PTIN>
      <PhoneNum>8326680215</PhoneNum>
      <PreparationDt>2018-08-12</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2017</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1006386</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>19</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>19</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>19</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>27223</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>27223</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>27223</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>30702</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>552551</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>30702</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>43644</NetSTCapitalGainAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>57944</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>57944</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>70886</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="STM108">788</AccountingFeesRevAndExpnssAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="STM110">900</TaxesRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="STM103">433</OtherExpensesRevAndExpnssAmt>
        <TotOprExpensesRevAndExpnssAmt>2121</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>45000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>45000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>47121</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>45000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>10823</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>57944</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>70886</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>142680</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>93652</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>93562</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>456978</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="STM137">527091</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>609804</CorporateStockEOYFMVAmt>
        <OtherInvestmentsBOYAmt>301509</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="STM118">290934</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>303020</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>901167</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>911677</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1006386</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
        <UnrestrictedBOYAmt>901167</UnrestrictedBOYAmt>
        <UnrestrictedEOYAmt>911677</UnrestrictedEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>901167</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>911677</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>901167</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>911677</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>901167</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>10823</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>911990</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="STM116">313</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>911677</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SMH STCG SEE PDF ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-01-01</AcquiredDt>
          <SoldDt>2017-06-30</SoldDt>
          <GrossSalesPriceAmt>481396</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>437752</CostOrOtherBasisAmt>
          <GainOrLossAmt>43644</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>43644</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SMH STCL SEE PDF ATTACHED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-06-30</AcquiredDt>
          <SoldDt>2017-07-31</SoldDt>
          <GrossSalesPriceAmt>69887</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>83441</CostOrOtherBasisAmt>
          <GainOrLossAmt>-13554</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-13554</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Under Armour Inc 20</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-10-16</AcquiredDt>
          <SoldDt>2017-02-02</SoldDt>
          <GrossSalesPriceAmt>407</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>656</CostOrOtherBasisAmt>
          <GainOrLossAmt>-249</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-249</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SMH Capital Gain Dividends</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-06-30</AcquiredDt>
          <SoldDt>2017-07-31</SoldDt>
          <GrossSalesPriceAmt>535</GrossSalesPriceAmt>
          <GainOrLossAmt>535</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>535</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Texas Capital CG DISTRIBUTIONS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-06-30</AcquiredDt>
          <SoldDt>2017-07-31</SoldDt>
          <GrossSalesPriceAmt>326</GrossSalesPriceAmt>
          <GainOrLossAmt>326</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>326</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>30702</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>43644</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>45000</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>899390</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.050034</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>51275</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>890617</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.057572</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>57000</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>934407</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.061001</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>53500</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>934262</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.057264</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>36250</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>841866</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.043059</DistributionYr5Rt>
        <TotalDistributionRt>0.268931</TotalDistributionRt>
        <AverageDistributionRt>0.053786</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>892826</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>48022</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>579</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>48601</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>45000</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>1159</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>1159</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>1159</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>1517</EstimatedPlusOvpmtIncmTxAmt>
        <ExtsnRequestIncomeTaxPaidAmt>800</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>2317</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>1158</OverpaymentAmt>
        <AppliedToESTaxAmt>1158</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>TX</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <IndividualWithBooksNm>David B Hendricks</IndividualWithBooksNm>
        <PhoneNum>9364413840</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>15100 Diamondhead Road</AddressLine1Txt>
          <CityNm>Montgomery</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>77356</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>David B Hendricks</PersonNm>
          <USAddress>
            <AddressLine1Txt>15100 Diamondhead Road</AddressLine1Txt>
            <CityNm>Montgomery</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77356</ZIPCd>
          </USAddress>
          <TitleTxt>Director</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>788256</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>118166</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>906422</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>906422</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>13596</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>892826</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>44641</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>44641</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>1159</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>1159</TotalTaxAmt>
        <DistributableBeforeAdjAmt>43482</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>43482</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>43482</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>45000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>45000</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>45000</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>43482</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr4Amt>7316</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>10980</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>7622</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>1313</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>27231</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>45000</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>43482</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>1518</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>28749</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>28749</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>7316</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>10980</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>7622</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>1313</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>1518</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>The ARK Group</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>20515 SH 249</AddressLine1Txt>
            <CityNm>Houston</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77070</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Provide Some Finl Support</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Youth Reach Houston</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 9631</AddressLine1Txt>
            <CityNm>Houston</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77213</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Provide some financial support</GrantOrContributionPurposeTxt>
          <Amt>6200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Texas Christian University</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>TCU Box 297044</AddressLine1Txt>
            <CityNm>Fort Worth</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76129</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Provide some financial support</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>UNIV OF MISSOURI KANSAS CITY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>5115 OAK STREET ROOM 229</AddressLine1Txt>
            <CityNm>Kansas City</CityNm>
            <StateAbbreviationCd>MO</StateAbbreviationCd>
            <ZIPCd>64112</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Provide some financial support</GrantOrContributionPurposeTxt>
          <Amt>12500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Texas AM University</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>DBH II Memorial Scholorship</AddressLine1Txt>
            <CityNm>College Station</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>778434113</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Provide some financial support</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>University of Houston</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>221 E Cullen Bldg</AddressLine1Txt>
            <CityNm>Houston</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77204</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Provide some financial support</GrantOrContributionPurposeTxt>
          <Amt>5300</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Cypress Creek Christian Church</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>6823 Cypresswood</AddressLine1Txt>
            <CityNm>Spring</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77379</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Provide some financial support</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>45000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>19</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>27223</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
        </OtherInvestmentIncmPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>30702</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>57944</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>57944</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="STM108">
      <AccountingFeesDetail>
        <CategoryTxt>Tax Preparation</CategoryTxt>
        <Amt>788</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="STM137">
      <InvestmentsCorporateStockGrp>
        <StockNm>Publicly Traded Securities</StockNm>
        <EOYBookValueAmt>477091</EOYBookValueAmt>
        <EOYFMVAmt>551056</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Large Cap Mutual Funds</StockNm>
        <EOYBookValueAmt>50000</EOYBookValueAmt>
        <EOYFMVAmt>58748</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="STM118">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Publicly Traded Partnerships</CategoryOrItemTxt>
        <BookValueAmt>40934</BookValueAmt>
        <EOYFMVAmt>53020</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Revista Note</CategoryOrItemTxt>
        <BookValueAmt>250000</BookValueAmt>
        <EOYFMVAmt>250000</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherDecreasesSchedule documentId="STM116">
      <OtherDecreasesDetail>
        <Desc>Basis Adjustments</Desc>
        <Amt>313</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="STM103">
      <OtherExpensesScheduleGrp>
        <Desc>Texan Capital Inv Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>50</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TCU Scholarship Dinner</Desc>
        <RevenueAndExpensesPerBooksAmt>383</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="STM110">
      <TaxesDetail>
        <CategoryTxt>Federal Excise Tax</CategoryTxt>
        <Amt>900</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>