﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2017v2.3">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2018-08-28T16:27:17-05:00</ReturnTs>
    <TaxPeriodEndDt>2017-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>BATCHELOR TILLERY &amp; ROBERTS LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>3605 GLENWOOD AVENUE SUITE 350</AddressLine1Txt>
        <CityNm>RALEIGH</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>27612</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2017-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>562115096</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE ZELNAK PRIVATE FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% WELLS FARGO ADVISORS</InCareOfNm>
      <BusinessNameControlTxt>ZELN</BusinessNameControlTxt>
      <PhoneNum>9197834543</PhoneNum>
      <USAddress>
        <AddressLine1Txt>409 DRUMMOND DRIVE</AddressLine1Txt>
        <CityNm>RALEIGH</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>27609</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>STEPHEN P ZELNAK JR</PersonNm>
      <PersonTitleTxt>TRUSTEE</PersonTitleTxt>
      <PhoneNum>9197834543</PhoneNum>
      <SignatureDt>2018-05-14</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Ann H Tillery</PreparerPersonNm>
      <PTIN>P00074319</PTIN>
      <PhoneNum>9197878212</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2017</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="10">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>4308417</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>1425000</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>292</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>292</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>88577</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>88577</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>-5253</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>389878</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>0</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSch2">750</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>276</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>1509366</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>89145</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OthProfFeesSch">10127</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>10127</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">935</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>935</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSch">868</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>831</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>11930</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>11893</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>270000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>270000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>281930</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>11893</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>270000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>1227436</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>77252</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>294567</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>783798</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>783798</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>814134</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestCorpStockSch">1947471</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>2870416</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>1067699</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="InvestCorpBondsSch">672567</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>654203</CorporateBondsEOYFMVAmt>
        <TotalAssetsBOYAmt>2176400</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>3403836</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>4308417</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <RetainedEarningBOYAmt>2176400</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>3403836</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>2176400</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>3403836</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>2176400</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>3403836</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>2176400</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>1227436</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>3403836</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>3403836</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>$150,000 WAL-MART STORES</PropertyDesc>
          <AcquiredDt>2011-12-22</AcquiredDt>
          <SoldDt>2017-04-05</SoldDt>
          <GrossSalesPriceAmt>150000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>177360</CostOrOtherBasisAmt>
          <GainOrLossAmt>-27360</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-27360</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>$150,000 BEAR STEARNS COS INC</PropertyDesc>
          <AcquiredDt>2008-04-02</AcquiredDt>
          <SoldDt>2017-10-02</SoldDt>
          <GrossSalesPriceAmt>150000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>146091</CostOrOtherBasisAmt>
          <GainOrLossAmt>3909</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3909</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,868.38 FEDERAL HOME LOAN MTG #GO8416</PropertyDesc>
          <AcquiredDt>2012-07-16</AcquiredDt>
          <GrossSalesPriceAmt>1868</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2014</CostOrOtherBasisAmt>
          <GainOrLossAmt>-146</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-146</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>15,958.96 FEDERAL NATL MTG ASSN #AH2367</PropertyDesc>
          <AcquiredDt>2012-08-13</AcquiredDt>
          <GrossSalesPriceAmt>15959</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17113</CostOrOtherBasisAmt>
          <GainOrLossAmt>-1154</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-1154</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>3,423.37 FEDERAL NATL MTG ASSN #AH7204</PropertyDesc>
          <AcquiredDt>2012-10-11</AcquiredDt>
          <GrossSalesPriceAmt>3423</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3726</CostOrOtherBasisAmt>
          <GainOrLossAmt>-303</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-303</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>2,603.64 FEDERAL NATL MTG ASSN #AJ8414</PropertyDesc>
          <AcquiredDt>2012-07-12</AcquiredDt>
          <GrossSalesPriceAmt>2604</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2775</CostOrOtherBasisAmt>
          <GainOrLossAmt>-171</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-171</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>3,952.50 FEDERAL NATL MTG ASSN #AL2513</PropertyDesc>
          <AcquiredDt>2012-11-14</AcquiredDt>
          <GrossSalesPriceAmt>3953</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4247</CostOrOtherBasisAmt>
          <GainOrLossAmt>-294</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-294</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>2,235.85 FEDERAL NATL MTG ASSN #735212</PropertyDesc>
          <AcquiredDt>2012-06-13</AcquiredDt>
          <GrossSalesPriceAmt>2236</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2427</CostOrOtherBasisAmt>
          <GainOrLossAmt>-191</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-191</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>5,961.29 FEDERAL NATL MTG ASSN #932848</PropertyDesc>
          <AcquiredDt>2012-09-13</AcquiredDt>
          <GrossSalesPriceAmt>5961</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6387</CostOrOtherBasisAmt>
          <GainOrLossAmt>-426</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-426</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,318.84 FEDERAL NATL MTG ASSN #983077</PropertyDesc>
          <AcquiredDt>2012-08-13</AcquiredDt>
          <GrossSalesPriceAmt>1319</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1435</CostOrOtherBasisAmt>
          <GainOrLossAmt>-116</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-116</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,987.46 FEDERAL NATL MTG ASSN #995094</PropertyDesc>
          <AcquiredDt>2012-09-13</AcquiredDt>
          <GrossSalesPriceAmt>1987</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2155</CostOrOtherBasisAmt>
          <GainOrLossAmt>-168</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-168</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>7,819.04 FEDERAL NATL MTG ASSN #AC8512</PropertyDesc>
          <GrossSalesPriceAmt>7819</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8389</CostOrOtherBasisAmt>
          <GainOrLossAmt>-570</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-570</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>10,075.50 FEDERAL NATL MTG ASSN #AD8033</PropertyDesc>
          <AcquiredDt>2012-08-13</AcquiredDt>
          <GrossSalesPriceAmt>10076</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>10798</CostOrOtherBasisAmt>
          <GainOrLossAmt>-722</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-722</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>4,673.81 FEDERAL NATL MTG ASSN #AE0218</PropertyDesc>
          <AcquiredDt>2012-09-13</AcquiredDt>
          <GrossSalesPriceAmt>4674</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5040</CostOrOtherBasisAmt>
          <GainOrLossAmt>-366</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-366</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>4,787.31 FEDERAL NATL MTG ASSN #MC0460</PropertyDesc>
          <AcquiredDt>2012-09-13</AcquiredDt>
          <GrossSalesPriceAmt>4787</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5174</CostOrOtherBasisAmt>
          <GainOrLossAmt>-387</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-387</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>20555</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>-5253</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>382551</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>2271453</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.168417</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>325000</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>2626355</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.123746</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>110000</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>2803115</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.039242</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>300000</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>3047337</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.098447</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>500000</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>3172015</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.157629</DistributionYr5Rt>
        <TotalDistributionRt>0.587481</TotalDistributionRt>
        <AverageDistributionRt>0.117496</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>2236469</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>262776</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>773</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>263549</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>270000</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>773</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>773</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>773</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>840</EstimatedPlusOvpmtIncmTxAmt>
        <ExtsnRequestIncomeTaxPaidAmt>200</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>1040</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>267</OverpaymentAmt>
        <AppliedToESTaxAmt>267</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>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>WELLS FARGO ADVISORS</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>7037605691</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>1753 PINNACLE DRIVE</AddressLine1Txt>
          <CityNm>MCLEAN</CityNm>
          <StateAbbreviationCd>VA</StateAbbreviationCd>
          <ZIPCd>22102</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>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <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>STEPHEN P ZELNAK JR</PersonNm>
          <USAddress>
            <AddressLine1Txt>409 DRUMMOND DRIVE</AddressLine1Txt>
            <CityNm>RALEIGH</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27609</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE &lt;1 HR/WK</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JUDY D ZELNAK</PersonNm>
          <USAddress>
            <AddressLine1Txt>409 DRUMMOND DRIVE</AddressLine1Txt>
            <CityNm>RALEIGH</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27609</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE &lt;1 HR/WK</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>THE FOUNDATION DISTRIBUTED $270,000 TO 2 ORGANIZATIONS DURING 2017 FOR EDUCATIONAL, CIVIC AND OTHER CHARITABLE PURPOSES.</Description1Txt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>1990777</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>279750</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2270527</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>2270527</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>34058</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2236469</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>111823</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>111823</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>773</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>773</TotalTaxAmt>
        <DistributableBeforeAdjAmt>111050</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>111050</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>111050</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>270000</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>270000</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>773</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>269227</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>111050</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <PriorYear1Yr>2015</PriorYear1Yr>
        <PriorYear2Yr>2014</PriorYear2Yr>
        <PriorYear3Yr>2013</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>347026</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>150105</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr2Amt>195730</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>270642</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>963503</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>270000</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>111050</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>158950</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>1122453</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>347026</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>775427</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>150105</ExcessFromYear4Amt>
        <ExcessFromYear2Amt>195730</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>270642</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>158950</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <ContributingManagerNm>STEPHEN P ZELNAK JR</ContributingManagerNm>
        <ShareholderManagerNm>NA</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CAROLINA BALLET</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3401-131 ATLANTIC AVENUE</AddressLine1Txt>
            <CityNm>RALEIGH</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27604</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE-GENERAL SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>150000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NCSU FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>NCSU BOX 7207</AddressLine1Txt>
            <CityNm>RALEIGH</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>27695</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE-POOLE COLLEGE OF MGMT</GrantOrContributionPurposeTxt>
          <Amt>120000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>270000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>292</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>88577</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>-5253</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <OtherRevenueDescribedGrp>
          <Desc>FROM PASS-THROUGH ENTITY</Desc>
          <ExclusionCd>01</ExclusionCd>
          <ExclusionAmt>684</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>66</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>84300</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>66</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>84366</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>13</LineNumberTxt>
          <RelationshipStatementTxt>TAX EXEMPT INCOME USED ONLY FOR PROVIDING FUNDS FOR SUCH PURPOSES.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <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>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>STEPHEN P ZELNAK JR</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>20 DRUMMOND DRIVE</AddressLine1Txt>
          <CityNm>RALEIGH</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>27609</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>600000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>STEPHEN P ZELNAK JR</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>20 DRUMMOND DRIVE</AddressLine1Txt>
          <CityNm>RALEIGH</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>27609</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>825000</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>2</ContributorNum>
        <NoncashPropertyDesc>26,058.12 SHS COLUMBIA FDS SER TR I GREATER CHINA CL INSTL</NoncashPropertyDesc>
        <FairMarketValueAmt>1372481</FairMarketValueAmt>
        <ReceivedDt>2017-12-06</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <AllOthProgRltdInvestmentsSch documentId="AllOthProgInvSch">
      <AllOtherProgramRelatedInvstGrp>
        <Desc>N/A</Desc>
      </AllOtherProgramRelatedInvstGrp>
    </AllOthProgRltdInvestmentsSch>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpBondsSchedule documentId="InvestCorpBondsSch">
      <InvestmentsCorporateBondsGrp>
        <BondNm>150,000 BEAR STEARNS COS INC</BondNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>50,000 NATIONAL RURAL UTIL CO</BondNm>
        <EOYBookValueAmt>58746</EOYBookValueAmt>
        <EOYFMVAmt>53415</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>150,000 WACHOVIA CORP</BondNm>
        <EOYBookValueAmt>138816</EOYBookValueAmt>
        <EOYFMVAmt>150465</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>50,000 CISCO SYS INC</BondNm>
        <EOYBookValueAmt>53090</EOYBookValueAmt>
        <EOYFMVAmt>52285</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>50,000 ORACLE CORP</BondNm>
        <EOYBookValueAmt>59358</EOYBookValueAmt>
        <EOYFMVAmt>50572</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>150,000 WAL-MART STORES INC</BondNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>50,000 DU PONTE DE NEMOURS</BondNm>
        <EOYBookValueAmt>61402</EOYBookValueAmt>
        <EOYFMVAmt>51059</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>19,744.35 FNMA #AL2513</BondNm>
        <EOYBookValueAmt>16966</EOYBookValueAmt>
        <EOYFMVAmt>16595</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10,389.89 FED HM LOAN G08416</BondNm>
        <EOYBookValueAmt>9187</EOYBookValueAmt>
        <EOYFMVAmt>9095</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>75,737.78 FNMA #AH2367</BondNm>
        <EOYBookValueAmt>64104</EOYBookValueAmt>
        <EOYFMVAmt>62819</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>18,491.36 FNMA #AH7204</BondNm>
        <EOYBookValueAmt>16403</EOYBookValueAmt>
        <EOYFMVAmt>15833</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>19,448.99 FNMA #AJ8414</BondNm>
        <EOYBookValueAmt>17954</EOYBookValueAmt>
        <EOYFMVAmt>17701</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>11,186.17 FNMA #735212</BondNm>
        <EOYBookValueAmt>9715</EOYBookValueAmt>
        <EOYFMVAmt>9725</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>39,387.72 FNMA #932848</BondNm>
        <EOYBookValueAmt>35813</EOYBookValueAmt>
        <EOYFMVAmt>35132</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>6,501.74 FNMA #983077</BondNm>
        <EOYBookValueAmt>5641</EOYBookValueAmt>
        <EOYFMVAmt>5588</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>10,672.81 FNMA #995094</BondNm>
        <EOYBookValueAmt>9418</EOYBookValueAmt>
        <EOYFMVAmt>9282</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>37,458.72 FNMA #AC8512</BondNm>
        <EOYBookValueAmt>31801</EOYBookValueAmt>
        <EOYFMVAmt>31682</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>51,707.53 FNMA #AD8033</BondNm>
        <EOYBookValueAmt>44618</EOYBookValueAmt>
        <EOYFMVAmt>43758</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>23,570.53 FNMA #AE0218</BondNm>
        <EOYBookValueAmt>20376</EOYBookValueAmt>
        <EOYFMVAmt>20235</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>22,513.80 FNMA #MC0460</BondNm>
        <EOYBookValueAmt>19159</EOYBookValueAmt>
        <EOYFMVAmt>18962</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>1,500 CATERPILLAR INC</StockNm>
        <EOYBookValueAmt>109614</EOYBookValueAmt>
        <EOYFMVAmt>236370</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1,500 CONOCOPHILLIPS</StockNm>
        <EOYBookValueAmt>90613</EOYBookValueAmt>
        <EOYFMVAmt>82335</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>4,070 KKR &amp; CO L P DEL</StockNm>
        <EOYBookValueAmt>90650</EOYBookValueAmt>
        <EOYFMVAmt>85714</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>715 QUALCOMM INC</StockNm>
        <EOYBookValueAmt>49596</EOYBookValueAmt>
        <EOYFMVAmt>45774</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1,640 ROYAL DUTCH SHELL PLC</StockNm>
        <EOYBookValueAmt>79927</EOYBookValueAmt>
        <EOYFMVAmt>109404</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>550 STRYKER CORP</StockNm>
        <EOYBookValueAmt>50026</EOYBookValueAmt>
        <EOYFMVAmt>85162</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>1,000 CHEVRON CORPORATION</StockNm>
        <EOYBookValueAmt>79381</EOYBookValueAmt>
        <EOYFMVAmt>125190</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>31,617 COLUMBIA GREATER CHI</StockNm>
        <EOYBookValueAmt>1066313</EOYBookValueAmt>
        <EOYFMVAmt>1752189</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>2,250 CAPITAL ONE FIN 5.2% PFD</StockNm>
        <EOYBookValueAmt>57444</EOYBookValueAmt>
        <EOYFMVAmt>56318</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>645 INTERNATIONAL PAPER CO</StockNm>
        <EOYBookValueAmt>35822</EOYBookValueAmt>
        <EOYFMVAmt>37371</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>9,200 ALERIAN MLP ETF</StockNm>
        <EOYBookValueAmt>99745</EOYBookValueAmt>
        <EOYFMVAmt>99268</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>125 GOLDMAN SACHS GROUP INC</StockNm>
        <EOYBookValueAmt>30222</EOYBookValueAmt>
        <EOYFMVAmt>31845</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>25 ALPHABET INC</StockNm>
        <EOYBookValueAmt>23069</EOYBookValueAmt>
        <EOYFMVAmt>26335</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>25 AMAZON COM</StockNm>
        <EOYBookValueAmt>23792</EOYBookValueAmt>
        <EOYFMVAmt>29237</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>350 EATON CORP</StockNm>
        <EOYBookValueAmt>24848</EOYBookValueAmt>
        <EOYFMVAmt>27653</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>500 VERIZON COMMUNICATIONS</StockNm>
        <EOYBookValueAmt>24078</EOYBookValueAmt>
        <EOYFMVAmt>26465</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>15 BLACKROCK INC</StockNm>
        <EOYBookValueAmt>6529</EOYBookValueAmt>
        <EOYFMVAmt>7706</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>75 DOMINION ENERGY INC</StockNm>
        <EOYBookValueAmt>5802</EOYBookValueAmt>
        <EOYFMVAmt>6080</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>FROM PASS-THROUGH ENTITY</Desc>
        <RevenueAndExpensesPerBooksAmt>868</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>831</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>FROM PASS-THROUGH ENTITY</Desc>
        <RevenueAndExpensesPerBooksAmt>342</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>276</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>EXCISE TAX REFUND</Desc>
        <RevenueAndExpensesPerBooksAmt>408</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>WELLS FARGO INVESTMENT FEES</CategoryTxt>
        <Amt>10127</Amt>
        <NetInvestmentIncomeAmt>10127</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>925</Amt>
        <NetInvestmentIncomeAmt>925</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX FROM PASS-THROUGH</CategoryTxt>
        <Amt>10</Amt>
        <NetInvestmentIncomeAmt>10</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>