﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2017v2.3">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2018-05-09T10:58:47-04:00</ReturnTs>
    <TaxPeriodEndDt>2017-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>561319330</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>ALFRED M SHIVER CPA PA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>260 EAST COURT STREET</AddressLine1Txt>
        <CityNm>MARION</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>28752</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2017-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>566526359</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>WILLIAM HAROLD SMITH CHARITABLE</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>TRUST</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>WILL</BusinessNameControlTxt>
      <PhoneNum>8286529443</PhoneNum>
      <USAddress>
        <AddressLine1Txt>1105 AIRPORT ROAD</AddressLine1Txt>
        <CityNm>MARION</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>28752</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>MATT SMITH</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>8286529443</PhoneNum>
      <SignatureDt>2018-05-02</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>ALFRED M SHIVER CPA</PreparerPersonNm>
      <PTIN>P00182145</PTIN>
      <PhoneNum>8286527319</PhoneNum>
      <PreparationDt>2018-05-02</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2017</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="RetDoc8">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>5188888</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>212786</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>212786</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>26915</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>26915</DividendsNetInvstIncmAmt>
        <GrossRentsRevAndExpnssAmt>26118</GrossRentsRevAndExpnssAmt>
        <GrossRentsNetInvstIncmAmt>26118</GrossRentsNetInvstIncmAmt>
        <NetRentalIncomeOrLossAmt>17471</NetRentalIncomeOrLossAmt>
        <NetGainSaleAstRevAndExpnssAmt referenceDocumentId="RetDoc3">12216</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>83611</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>8466</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>278035</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>274285</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>28727</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>28727</CompOfcrDirTrstDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2">3685</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesChrtblPrpsAmt>3685</AccountingFeesChrtblPrpsAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc7">33165</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>21325</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>11840</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>65577</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>21325</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>44252</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>263400</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>263400</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>328977</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>21325</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>307652</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-50942</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>252960</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>7799</CashBOYAmt>
        <CashEOYAmt>22679</CashEOYAmt>
        <CashEOYFMVAmt>22679</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>18796</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>64936</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>64936</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>230938</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc5">250978</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>388251</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>3915028</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc4">3859954</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>4368090</CorporateBondsEOYFMVAmt>
        <InvstLandCostOrOtherBasisAmt>344932</InvstLandCostOrOtherBasisAmt>
        <InvstLandAccumDepreciationAmt>42058</InvstLandAccumDepreciationAmt>
        <LandBldgInvestmentsBOYAmt>379802</LandBldgInvestmentsBOYAmt>
        <LandBldgInvestmentsEOYAmt referenceDocumentId="RetDoc6">302874</LandBldgInvestmentsEOYAmt>
        <LandBldgInvestmentsEOYFMVAmt>344932</LandBldgInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>4552363</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>4501421</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>5188888</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <RetainedEarningBOYAmt>4552363</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>4501421</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>4552363</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>4501421</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>4552363</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>4501421</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>4552363</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-50942</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>4501421</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>4501421</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapitalGainNetIncomeAmt>8466</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>311298</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>5075825</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.061330</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>319293</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>5080821</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.062843</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>293576</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>5141331</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.057101</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>289785</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>4995891</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.058005</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>295376</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>5069499</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.058265</DistributionYr5Rt>
        <TotalDistributionRt>0.297544</TotalDistributionRt>
        <AverageDistributionRt>0.059509</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>5059142</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>301064</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>2530</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>303594</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>307652</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>2530</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>2530</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>2530</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>2600</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>2600</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>70</OverpaymentAmt>
        <AppliedToESTaxAmt>70</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>NC</OrgReportOrRegisterStateCd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>MATT SMITH</IndividualWithBooksNm>
        <PhoneNum>8286529443</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>1105 AIRPORT RD</AddressLine1Txt>
          <CityNm>MARION</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>28752</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MATT SMITH</PersonNm>
          <USAddress>
            <AddressLine1Txt>1105 AIRPORT RD</AddressLine1Txt>
            <CityNm>MARION</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28752</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>25.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>28727</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>INDIVIDUALS AND MCDOWELL TECHNICAL COMMUNITY COLLEGE WERE GIVEN SCHOLARSHIPS AMOUNTING TO 263,400 ADMINISTRATIVE EXPENSES 44,252</Description1Txt>
        <Expenses1Amt>307652</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>4668229</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>123024</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>344932</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>5136185</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>5136185</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>77043</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>5059142</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>252957</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>252957</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>2530</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>2530</TotalTaxAmt>
        <DistributableBeforeAdjAmt>250427</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>250427</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>250427</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>307652</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>307652</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>2530</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>305122</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>250427</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>31780</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>45618</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>42133</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>70620</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>62691</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>252842</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>307652</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>250427</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>57225</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>310067</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>31780</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>278287</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>45618</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>42133</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>70620</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>62691</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>57225</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>MATT SMITH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1105 AIRPORT RD</AddressLine1Txt>
            <CityNm>MARION</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28752</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>8286529443</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>SEE ATTACHED APPLICATION</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>APRIL 2 EACH YEAR</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>SEE ATTACHED APPLICATION</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SEE ATTACHED</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>SEE ATTACHED</AddressLine1Txt>
            <CityNm>SEE ATTACHED</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28752</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>INDIVIDUAL</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIPS COLLEGE</GrantOrContributionPurposeTxt>
          <Amt>173000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>MCDOWELL TECHNICAL COLLEGE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>54 COLLEGE DRIVE</AddressLine1Txt>
            <CityNm>MARION</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28752</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>COLLEGE</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP</GrantOrContributionPurposeTxt>
          <Amt>90400</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>263400</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>212786</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>26915</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReNotDebtFincdProp>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>17471</ExclusionAmt>
        </NetRntlIncmReNotDebtFincdProp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>8466</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>3750</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>265638</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>3750</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>269388</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="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>ALFRED M. SHIVER PA, CPA TAX PRE</CategoryTxt>
        <Amt>3685</Amt>
        <DisbursementsCharitablePrpsAmt>3685</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="RetDoc3">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>HOUSE- RIDGECREST DR</AssetDesc>
        <AcquiredDt>2012-03</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-07</SoldDt>
        <GrossSalesPriceAmt>57716</GrossSalesPriceAmt>
        <BasisAmt>61478</BasisAmt>
        <TotalNetAmt>4435</TotalNetAmt>
        <AccumulatedDepreciationAmt>8197</AccumulatedDepreciationAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>LAND-RIDGECREST DR</AssetDesc>
        <AcquiredDt>2012-03</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-07</SoldDt>
        <GrossSalesPriceAmt>14429</GrossSalesPriceAmt>
        <BasisAmt>15000</BasisAmt>
        <TotalNetAmt>-571</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>FHLMC</AssetDesc>
        <AcquiredDt>2013-06</AcquiredDt>
        <HowAcquiredTxt>PURCHASE</HowAcquiredTxt>
        <SoldDt>2017-06</SoldDt>
        <GrossSalesPriceAmt>3000</GrossSalesPriceAmt>
        <BasisAmt>3114</BasisAmt>
        <TotalNetAmt>-114</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpBondsSchedule documentId="RetDoc4">
      <InvestmentsCorporateBondsGrp>
        <BondNm>VARIOUS-RAYMOND JAMES</BondNm>
        <EOYBookValueAmt>3859954</EOYBookValueAmt>
        <EOYFMVAmt>4368090</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc5">
      <InvestmentsCorporateStockGrp>
        <StockNm>RAYMOND JAMES -REIT</StockNm>
        <EOYBookValueAmt>63175</EOYBookValueAmt>
        <EOYFMVAmt>78888</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RAYMOND JAMES-STOCKS</StockNm>
        <EOYBookValueAmt>187803</EOYBookValueAmt>
        <EOYFMVAmt>309363</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsLandSchedule2 documentId="RetDoc6">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>HOUSE LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>344932</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>42058</AccumulatedDepreciationAmt>
        <BookValueAmt>302874</BookValueAmt>
        <EOYFMVAmt>344932</EOYFMVAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <OtherExpensesSchedule documentId="RetDoc7">
      <OtherExpensesScheduleGrp>
        <Desc>RENTAL HOUSES MCDOWELL CO</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT DEPRECIATION</Desc>
        <RevenueAndExpensesPerBooksAmt>8647</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>8647</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>1574</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1574</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADMINISTRATIVE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>9462</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>9462</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>RENTAL HOUSE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>12678</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>12678</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INTERNET TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>804</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>804</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
  </ReturnData>
</Return>