﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2016v3.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2017-11-10T12:00:40-06:00</ReturnTs>
    <TaxPeriodEndDt>2016-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>591262947</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>GERSON PRESTON</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>4770 BISCAYNE BLVD SUITE 400</AddressLine1Txt>
        <CityNm>MIAMI</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>33137</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2016-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>650934241</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>POWELL FAMILY FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>POWE</BusinessNameControlTxt>
      <PhoneNum>3058582200</PhoneNum>
      <USAddress>
        <AddressLine1Txt>550 SOUTH DIXIE HIGHWAY</AddressLine1Txt>
        <CityNm>MIAMI</CityNm>
        <StateAbbreviationCd>FL</StateAbbreviationCd>
        <ZIPCd>33146</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>LINDA BAKER</PersonNm>
      <PersonTitleTxt>DIRECTOR</PersonTitleTxt>
      <PhoneNum>3058582200</PhoneNum>
      <SignatureDt>2017-11-10</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>GARY R GERSON</PreparerPersonNm>
      <PTIN>P01384634</PTIN>
      <PhoneNum>3058683600</PhoneNum>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <IPAddress>
        <IPv4AddressTxt>69.195.240.228</IPv4AddressTxt>
      </IPAddress>
      <IPDt>2017-11-10</IPDt>
      <IPTm>13:00:07</IPTm>
      <IPTimezoneCd>ES</IPTimezoneCd>
      <FilingLicenseTypeCd>P</FilingLicenseTypeCd>
      <AtSubmissionCreationDeviceId>6C9B1A35775087DBDB8A6D25ECA509C7F6C27838</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>6D2F6DC513C99534F0616E125F1A3058A54CDD46</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2016</TaxYr>
    <BuildTS>2017-02-10 21:41:12Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="8">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>3614809</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>11928</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>11928</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>65791</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>65791</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>436956</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>730746</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>436956</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc2001500001">43270</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>0</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>557945</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>514675</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">9970</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>8973</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>997</AccountingFeesChrtblPrpsAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">3115</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>446</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>0</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">28701</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>28701</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>0</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>41786</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>38120</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>997</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>163143</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>163143</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>204929</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>38120</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>164140</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>353016</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>476555</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>41427</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>72004</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>72001</SavAndTempCashInvstEOYFMVAmt>
        <PrepaidExpensesBOYAmt>5481</PrepaidExpensesBOYAmt>
        <PrepaidExpensesEOYAmt>2812</PrepaidExpensesEOYAmt>
        <PrepaidExpensesEOYFMVAmt>2812</PrepaidExpensesEOYFMVAmt>
        <CorporateStockBOYAmt>844577</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">908057</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>1287567</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>150420</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2044400001">338614</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>337177</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>1841818</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc2018100001">1915252</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>1915252</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>2883723</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>3236739</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>3614809</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>0</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>0</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>0</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>0</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>2883723</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>3236739</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>2883723</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>3236739</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>2883723</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>3236739</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>2883723</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>353016</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>3236739</SubtotalAmt>
        <OtherDecreasesAmt>0</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>3236739</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>AMG SOUTHERNSUN SMALL CAP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-07-08</AcquiredDt>
          <SoldDt>2016-10-11</SoldDt>
          <GrossSalesPriceAmt>50674</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>50006</CostOrOtherBasisAmt>
          <GainOrLossAmt>668</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>668</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SANDALWOOD OPPTY FD I</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-06-16</SoldDt>
          <GrossSalesPriceAmt>6084</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7101</CostOrOtherBasisAmt>
          <GainOrLossAmt>-1017</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-1017</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SANDALWOOD OPPTY FD I</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-06-16</SoldDt>
          <GrossSalesPriceAmt>77296</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>98507</CostOrOtherBasisAmt>
          <GainOrLossAmt>-21211</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-21211</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ARTISAN MID CAP VALUE FD INV</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2009-05-19</AcquiredDt>
          <SoldDt>2016-10-11</SoldDt>
          <GrossSalesPriceAmt>16855</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11413</CostOrOtherBasisAmt>
          <GainOrLossAmt>5442</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5442</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>AGCO CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>1179</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1117</CostOrOtherBasisAmt>
          <GainOrLossAmt>62</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>62</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ADT CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-05-02</SoldDt>
          <GrossSalesPriceAmt>1680</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1280</CostOrOtherBasisAmt>
          <GainOrLossAmt>400</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>400</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CENTENE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>1415</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1110</CostOrOtherBasisAmt>
          <GainOrLossAmt>305</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>305</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CHICAGO BRIDGE &amp; IRON FADR</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>2132</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2411</CostOrOtherBasisAmt>
          <GainOrLossAmt>-279</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-279</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CLEAN HARBORS INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>1306</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1171</CostOrOtherBasisAmt>
          <GainOrLossAmt>135</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>135</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>DARLING INGREDIENTS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>1546</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1185</CostOrOtherBasisAmt>
          <GainOrLossAmt>361</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>361</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>HANESBRANDS INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>1775</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1941</CostOrOtherBasisAmt>
          <GainOrLossAmt>-166</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-166</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INGEVITY CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>199</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>119</CostOrOtherBasisAmt>
          <GainOrLossAmt>80</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>80</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>KNOWLES CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>2467</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2869</CostOrOtherBasisAmt>
          <GainOrLossAmt>-402</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-402</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MURPHY USA INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>2243</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1540</CostOrOtherBasisAmt>
          <GainOrLossAmt>703</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>703</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NEWFIELD EXPLORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>871</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>598</CostOrOtherBasisAmt>
          <GainOrLossAmt>273</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>273</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>OGE ENERGY CP HLDG</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-01-06</AcquiredDt>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>487</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>397</CostOrOtherBasisAmt>
          <GainOrLossAmt>90</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>90</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>POLARIS INDUSTRIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>5520</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5930</CostOrOtherBasisAmt>
          <GainOrLossAmt>-410</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-410</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TIMKEN COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>1546</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1531</CostOrOtherBasisAmt>
          <GainOrLossAmt>15</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>15</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TRINITY INDUSTRIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>3715</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4513</CostOrOtherBasisAmt>
          <GainOrLossAmt>-798</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-798</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>WESTERN UNION CO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>580</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>568</CostOrOtherBasisAmt>
          <GainOrLossAmt>12</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>12</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>WESTROCK CO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>1370</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1057</CostOrOtherBasisAmt>
          <GainOrLossAmt>313</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>313</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>AGCO CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>6169</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5050</CostOrOtherBasisAmt>
          <GainOrLossAmt>1119</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1119</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ADT CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-02-22</SoldDt>
          <GrossSalesPriceAmt>1601</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1646</CostOrOtherBasisAmt>
          <GainOrLossAmt>-45</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-45</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ADT CORP (MANDATORY MERGER)</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-05-02</SoldDt>
          <GrossSalesPriceAmt>6930</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5657</CostOrOtherBasisAmt>
          <GainOrLossAmt>1273</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1273</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BROADRIDGE FINL SOLU</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>6781</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2743</CostOrOtherBasisAmt>
          <GainOrLossAmt>4038</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4038</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CENTENE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>5659</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2486</CostOrOtherBasisAmt>
          <GainOrLossAmt>3173</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3173</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CHICAGO BRIDGE &amp; IRON FADR</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>4619</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5836</CostOrOtherBasisAmt>
          <GainOrLossAmt>-1217</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-1217</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CLEAN HARBORS INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>7874</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8395</CostOrOtherBasisAmt>
          <GainOrLossAmt>-521</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-521</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>DARLING INGREDIENTS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>8396</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8812</CostOrOtherBasisAmt>
          <GainOrLossAmt>-416</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-416</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FLOWSERVE CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>6353</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6941</CostOrOtherBasisAmt>
          <GainOrLossAmt>-588</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-588</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>HANESBRANDS INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>4945</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2585</CostOrOtherBasisAmt>
          <GainOrLossAmt>2360</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2360</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>IDEX CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>6562</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2637</CostOrOtherBasisAmt>
          <GainOrLossAmt>3925</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3925</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>INGEVITY CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>390</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>294</CostOrOtherBasisAmt>
          <GainOrLossAmt>96</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>96</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>KNOWLES CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>2604</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3748</CostOrOtherBasisAmt>
          <GainOrLossAmt>-1144</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-1144</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>MURPHY USA INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>3739</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2561</CostOrOtherBasisAmt>
          <GainOrLossAmt>1178</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1178</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>NEWFIELD EXPLORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>7249</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4587</CostOrOtherBasisAmt>
          <GainOrLossAmt>2662</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2662</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>OGE ENERGY CP HLDG</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>7412</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6971</CostOrOtherBasisAmt>
          <GainOrLossAmt>441</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>441</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PENTAIR PLC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>4697</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3574</CostOrOtherBasisAmt>
          <GainOrLossAmt>1123</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1123</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>POLARIS INDUSTRIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>2038</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1450</CostOrOtherBasisAmt>
          <GainOrLossAmt>588</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>588</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>THOR INDUSTRIES INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>5863</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3243</CostOrOtherBasisAmt>
          <GainOrLossAmt>2620</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2620</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TIMKEN COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>4928</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5885</CostOrOtherBasisAmt>
          <GainOrLossAmt>-957</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-957</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TRINITY INDUSTRIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>2000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2731</CostOrOtherBasisAmt>
          <GainOrLossAmt>-731</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-731</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>WESTERN UNION CO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>7418</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6203</CostOrOtherBasisAmt>
          <GainOrLossAmt>1215</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1215</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>WESTROCK CO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <SoldDt>2016-07-01</SoldDt>
          <GrossSalesPriceAmt>3463</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3328</CostOrOtherBasisAmt>
          <GainOrLossAmt>135</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>135</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TRIVEST PARTNERS GP K-1</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>387763</GrossSalesPriceAmt>
          <GainOrLossAmt>387763</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>387763</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ECWB PARTNERS K-1</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>6321</GrossSalesPriceAmt>
          <GainOrLossAmt>6321</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>6321</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ECWB PARTNERS K-1</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>1818</GrossSalesPriceAmt>
          <GainOrLossAmt>1818</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1818</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ECWB PARTNERS K-1</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <CostOrOtherBasisAmt>63</CostOrOtherBasisAmt>
          <GainOrLossAmt>-63</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-63</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAINS DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>36214</GrossSalesPriceAmt>
          <GainOrLossAmt>36214</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>36214</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>436956</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>0</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>155236</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>3322622</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.046721</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>152819</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>3291318</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.046431</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>137198</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>3108358</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.044138</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>116732</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>2940626</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.039696</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>160096</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>3012364</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.053146</DistributionYr5Rt>
        <TotalDistributionRt>0.230132</TotalDistributionRt>
        <AverageDistributionRt>0.046026</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>3453908</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>158970</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>4766</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>163736</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>164140</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>4766</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>4766</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>4766</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>2812</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>2812</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>1954</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>FL</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>LINDA BAKER</IndividualWithBooksNm>
        <PhoneNum>3058582200</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>550 SOUTH DIXIE HIGHWAY</AddressLine1Txt>
          <CityNm>MIAMI</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33146</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>0</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>EARL POWELL</PersonNm>
          <USAddress>
            <AddressLine1Txt>550 SOUTH DIXIE HIGHWAY</AddressLine1Txt>
            <CityNm>MIAMI</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33146</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT/DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CHRISTY POWELL</PersonNm>
          <USAddress>
            <AddressLine1Txt>550 SOUTH DIXIE HIGHWAY</AddressLine1Txt>
            <CityNm>MIAMI</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33146</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY/DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>LINDA BAKER</PersonNm>
          <USAddress>
            <AddressLine1Txt>550 SOUTH DIXIE HIGHWAY</AddressLine1Txt>
            <CityNm>MIAMI</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33146</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER/DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>3316057</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>190449</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>3506506</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>3506506</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>52598</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>3453908</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>172695</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>172695</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>4766</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>4766</TotalTaxAmt>
        <DistributableBeforeAdjAmt>167929</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>167929</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>167929</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>164140</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>164140</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>4766</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>159374</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>167929</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>162481</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>164140</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>162481</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>1659</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>166270</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>EARL POWELL</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>5050 SOUTH DIXIE HWY</AddressLine1Txt>
            <CityNm>MIAMI</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33146</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>3058582200</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>N/A</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>N/A</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>N/A</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BASCOM PALMER EYE INSTITUTE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>900 NW 17TH STREET</AddressLine1Txt>
            <CityNm>MIAMI</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33136</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FRIENDS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>19801 SHERIDAN ST</AddressLine1Txt>
            <CityNm>FORT LAUDERDALE</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33332</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FLORIDA GRAND OPERA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8390 NW 25TH STREET</AddressLine1Txt>
            <CityNm>MIAMI</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33122</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GATOR BOOSTERS INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 13796</AddressLine1Txt>
            <CityNm>GAINESVILLE</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32604</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>13093</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HIGH COUNTRY CHARITABLE FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 2376</AddressLine1Txt>
            <CityNm>BANNER ELK</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28604</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HORSE HELPERS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>119 ODES WILSON ROAD</AddressLine1Txt>
            <CityNm>ZIONVILLE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28698</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JUNIOR ACHIEVEMENT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>13490 NW 7TH AVE</AddressLine1Txt>
            <CityNm>MIAMI</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33168</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MARINE CORPS SCHOLARSHIP FUND</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>909 N WASHINGTON STREET SUITE 400</AddressLine1Txt>
            <CityNm>ALEXANDRIA</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22314</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MIAMI CITY BALLET</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2200 LIBERTY AVE</AddressLine1Txt>
            <CityNm>MIAMI</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33139</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SALVATION ARMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 269</AddressLine1Txt>
            <CityNm>ALEXANDRIA</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22314</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ST THOMAS EPISCOPAL PARISH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5692 N KENDALL DR</AddressLine1Txt>
            <CityNm>MIAMI</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33156</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>STEPHENS COLLEGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1200 E BROADWAY</AddressLine1Txt>
            <CityNm>COLUMBIA</CityNm>
            <StateAbbreviationCd>MO</StateAbbreviationCd>
            <ZIPCd>65215</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE CROSSNORE SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>100 D A R DR</AddressLine1Txt>
            <CityNm>CROSSNORE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28616</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WATAUGA COUNTY RESCUE SQUAD</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>200 QUAIL STREET</AddressLine1Txt>
            <CityNm>BOONE</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28607</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>YPO INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>600 LAS COLINAS BLVD</AddressLine1Txt>
            <CityNm>IRVING</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75039</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ST JUDE CHILDREN'S RESEARCH HOSPITAL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>501 ST JUDE PLACE</AddressLine1Txt>
            <CityNm>MEMPHIS</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38105</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MAKE-A-WISH FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4742 N 24TH STREET</AddressLine1Txt>
            <CityNm>PHOENIX</CityNm>
            <StateAbbreviationCd>AZ</StateAbbreviationCd>
            <ZIPCd>85016</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JUNIOR LEAGUE OF MIAMI</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>713 BILTMORE WAY</AddressLine1Txt>
            <CityNm>CORAL GABLES</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33134</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BREAKTHROUGH MIAMI</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3250 SW 3RD AVENUE 6TH FLOOR</AddressLine1Txt>
            <CityNm>MIAMI</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33129</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BLOWING ROCK CHARITY HORSE SHOW FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 650</AddressLine1Txt>
            <CityNm>BLOWING ROCK</CityNm>
            <StateAbbreviationCd>NC</StateAbbreviationCd>
            <ZIPCd>28605</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BAPTIST HEALTH SOUTH FLORIDA FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6855 RED ROAD</AddressLine1Txt>
            <CityNm>CORAL GABLES</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>33143</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARMED FORCES SERVICE CENTER INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4300 GLUMACK DRIVE B22</AddressLine1Txt>
            <CityNm>ST PAUL</CityNm>
            <StateAbbreviationCd>MN</StateAbbreviationCd>
            <ZIPCd>55111</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN HEART ASSOCIATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>7272 GREENVILLE AVENUE</AddressLine1Txt>
            <CityNm>DALLAS</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75231</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>AMERICAN CANCER SOCIETY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>250 WILLIAMS STREET NW</AddressLine1Txt>
            <CityNm>ATLANTA</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30303</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>CHARITABLE</GrantOrContributionPurposeTxt>
          <Amt>100</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>163143</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>11928</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>65791</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>43270</ExclusionAmt>
        </OtherInvestmentIncmPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>436956</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>557945</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>557945</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>9970</Amt>
        <NetInvestmentIncomeAmt>8973</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>997</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorporateBondsGrp>
        <BondNm>CHARLES SCHWAB #8052 - CORPORATE BONDS</BondNm>
        <EOYBookValueAmt>338614</EOYBookValueAmt>
        <EOYFMVAmt>337177</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>CHARLES SCHWAB #8052 - EQUITIES</StockNm>
        <EOYBookValueAmt>908057</EOYBookValueAmt>
        <EOYFMVAmt>1287567</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SCHWAB #9085</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN ECWB PARTNERS LTD.</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>1915214</BookValueAmt>
        <EOYFMVAmt>1915214</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INVESTMENT IN TRIVEST PARTNERS GP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>38</BookValueAmt>
        <EOYFMVAmt>38</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>PORTFOLIO DEDUCTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>2795</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>2795</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FILING FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>61</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>61</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>147</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>147</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ECWB INVESTMENT LOSS</Desc>
        <RevenueAndExpensesPerBooksAmt>25688</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>25688</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>POSTAGE</Desc>
        <RevenueAndExpensesPerBooksAmt>10</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>10</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>UNREALIZED GAIN-LOSS</Desc>
        <RevenueAndExpensesPerBooksAmt>43270</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>43270</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES</CategoryTxt>
        <Amt>2669</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>446</Amt>
        <NetInvestmentIncomeAmt>446</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>