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        <TotalCorpusAmt>368685</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>368685</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>47442</ExcessFromYear4Amt>
        <ExcessFromYear2Amt>288082</ExcessFromYear2Amt>
        <ExcessFromCurrentYearAmt>33161</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>EDWARD E BABCOCK JR</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>The Pennsylvania State University</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>201 Shields Building</AddressLine1Txt>
            <CityNm>University Park</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>16802</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>School</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarship</GrantOrContributionPurposeTxt>
          <Amt>61600</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>State College Alliance Church</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1221 West Whitehall Road</AddressLine1Txt>
            <CityNm>State College</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>16801</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(c)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Further programs</GrantOrContributionPurposeTxt>
          <Amt>23950</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Campus Crusade for Christ International</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>100 Lake Hart Drive</AddressLine1Txt>
            <CityNm>Orlando</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32832</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(c)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Further programs</GrantOrContributionPurposeTxt>
          <Amt>3150</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Coudersport Area School District</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>Main Street</AddressLine1Txt>
            <CityNm>Coudersport</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>16915</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>School</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Further programs</GrantOrContributionPurposeTxt>
          <Amt>600</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Nittany Christian School</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1221 W Whitehall Road</AddressLine1Txt>
            <CityNm>State College</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>16801</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Public</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Futher Programs</GrantOrContributionPurposeTxt>
          <Amt>200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Christian Child Home</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 765</AddressLine1Txt>
            <CityNm>Wooster</CityNm>
            <StateAbbreviationCd>OH</StateAbbreviationCd>
            <ZIPCd>44691</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Public</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Further Programs</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Indiana University of PA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1011 South Drive</AddressLine1Txt>
            <CityNm>Indiana</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>15705</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Public</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarships</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DeSales University</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2755 Station Ave</AddressLine1Txt>
            <CityNm>Center Valley</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>18034</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Public</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Scholarships</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>A Womans Concern</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>423 S Pugh St</AddressLine1Txt>
            <CityNm>State College</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>16801</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>Public</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Futher Programs</GrantOrContributionPurposeTxt>
          <Amt>4000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>121000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>86118</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>86118</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>86118</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>
    <InvestmentsCorpStockSchedule documentId="00000002">
      <InvestmentsCorporateStockGrp>
        <StockNm>Little Lion Investment Club (See attached)</StockNm>
        <EOYBookValueAmt>2750</EOYBookValueAmt>
        <EOYFMVAmt>2750</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Nittany Lion Fund, LLC (See attached)</StockNm>
        <EOYBookValueAmt>100000</EOYBookValueAmt>
        <EOYFMVAmt>132035</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="00000003">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Edward Jones - Mutual Funds (See attached)</CategoryOrItemTxt>
        <BookValueAmt>1463375</BookValueAmt>
        <EOYFMVAmt>1693669</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="00000004">
      <LegalFeesGrp>
        <CategoryTxt>OWLETT &amp; LEWIS, P.C. 990-PF</CategoryTxt>
        <LegalFeesAmt>2050</LegalFeesAmt>
        <DisbursementsCharitablePrpsAmt>2050</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherExpensesSchedule documentId="00000005">
      <OtherExpensesScheduleGrp>
        <Desc>Investment Expenses</Desc>
        <RevenueAndExpensesPerBooksAmt>2182</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2182</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Non-Deductible Expenses</Desc>
        <RevenueAndExpensesPerBooksAmt>-190</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-190</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Postage</Desc>
        <RevenueAndExpensesPerBooksAmt>48</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>48</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="00000006">
      <OtherIncreasesDetail>
        <Desc>Capital Gains/(Losses)</Desc>
        <Amt>-38245</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="00000007">
      <TaxesDetail>
        <CategoryTxt>Foreign Tax</CategoryTxt>
        <Amt>358</Amt>
        <NetInvestmentIncomeAmt>358</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>Excise Tax</CategoryTxt>
        <Amt>1000</Amt>
        <NetInvestmentIncomeAmt>1000</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>