﻿<?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="2016v3.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2017-11-14T16:31:25-06:00</ReturnTs>
    <TaxPeriodEndDt>2016-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Foundation Source</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>One Hollow Ln Ste 212</AddressLine1Txt>
        <CityNm>Lake Success</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>11042</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2016-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>201986617</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>New Covenant Foundation Inc</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% Foundation Source</InCareOfNm>
      <BusinessNameControlTxt>NEWC</BusinessNameControlTxt>
      <PhoneNum>8008391754</PhoneNum>
      <USAddress>
        <AddressLine1Txt>Foundation Source 501 Silverside Rd</AddressLine1Txt>
        <CityNm>Wilmington</CityNm>
        <StateAbbreviationCd>DE</StateAbbreviationCd>
        <ZIPCd>198091377</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>ALLEN N MORELL</PersonNm>
      <PersonTitleTxt>president</PersonTitleTxt>
      <PhoneNum>8008391754</PhoneNum>
      <SignatureDt>2017-11-01</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Jeffrey D Haskell</PreparerPersonNm>
      <PTIN>P01345770</PTIN>
      <PhoneNum>8008391754</PhoneNum>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <IPAddress>
        <IPv4AddressTxt>24.187.244.114</IPv4AddressTxt>
      </IPAddress>
      <FederalOriginalSubmissionId>06391520173185000054</FederalOriginalSubmissionId>
      <FederalOriginalSubmissionIdDt>2017-11-14</FederalOriginalSubmissionIdDt>
      <FilingLicenseTypeCd>P</FilingLicenseTypeCd>
      <AtSubmissionCreationDeviceId>0B775BB9C0E0C9DA339247063A24C50179569C8E</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>259C731B7C7CCB55DA46458F0098BC0D5A2501CB</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2016</TaxYr>
    <BuildTS>2017-02-10 21:41:12Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>2315990</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>0</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>289</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>289</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>46585</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>46585</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>45131</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1834781</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>45131</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>92005</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>92005</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>42000</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>42000</CompOfcrDirTrstDsbrsChrtblAmt>
        <PensionEmplBnftRevAndExpnssAmt>1148</PensionEmplBnftRevAndExpnssAmt>
        <PensionEmplBnftDsbrsChrtblAmt>1148</PensionEmplBnftDsbrsChrtblAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OthProfFeesSch">29124</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>29124</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">561</TaxesRevAndExpnssAmt>
        <TravConfMeetingRevAndExpnssAmt>44792</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingDsbrsChrtblAmt>44792</TravConfMeetingDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSch">25459</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>300</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>25159</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>143084</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>29424</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>113099</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>183750</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>183750</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>326834</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>29424</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>296849</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-234829</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>62581</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>329448</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>259255</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>259255</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>1987472</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestCorpStockSch">1873645</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>2056735</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>50000</CorporateBondsBOYAmt>
        <TotalAssetsBOYAmt>2366920</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>2132900</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>2315990</TotalAssetsEOYFMVAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="OtherLiabSch">809</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>809</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <RetainedEarningBOYAmt>2366920</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>2132091</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>2366920</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>2132091</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>2366920</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>2132900</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>2366920</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-234829</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>2132091</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>2132091</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Publicly-traded Securities</PropertyDesc>
          <GrossSalesPriceAmt>1834781</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1789650</CostOrOtherBasisAmt>
          <GainOrLossAmt>45131</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>45131</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>45131</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>349844</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>2683942</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.130347</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>172526</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>2823580</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.061102</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>262184</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>2848873</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.092031</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>389212</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>2781730</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.139917</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>323995</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>3092030</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.104784</DistributionYr5Rt>
        <TotalDistributionRt>0.528181</TotalDistributionRt>
        <AverageDistributionRt>0.105636</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>2368706</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>250221</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>626</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>250847</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>296849</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>626</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>626</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>626</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>1978</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>1978</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="IRS2220">X</Form2220AttachedInd>
        <OverpaymentAmt>1352</OverpaymentAmt>
        <AppliedToESTaxAmt>1352</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>MA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>Foundation Source</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>8008391754</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>501 Silverside Road Suite 123</AddressLine1Txt>
          <CityNm>Wilmington</CityNm>
          <StateAbbreviationCd>DE</StateAbbreviationCd>
          <ZIPCd>198091377</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>true</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <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>Allen N Morell</PersonNm>
          <USAddress>
            <AddressLine1Txt>Foundation Source 501 Silverside Rd</AddressLine1Txt>
            <CityNm>Wilmington</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>198091377</ZIPCd>
          </USAddress>
          <TitleTxt>Pres / Dir</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>16500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Patricia M Morell</PersonNm>
          <USAddress>
            <AddressLine1Txt>Foundation Source 501 Silverside Rd</AddressLine1Txt>
            <CityNm>Wilmington</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>198091377</ZIPCd>
          </USAddress>
          <TitleTxt>Dir / Treas</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>30.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>25500</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Roy K Morell</PersonNm>
          <USAddress>
            <AddressLine1Txt>Foundation Source 501 Silverside Rd</AddressLine1Txt>
            <CityNm>Wilmington</CityNm>
            <StateAbbreviationCd>DE</StateAbbreviationCd>
            <ZIPCd>198091377</ZIPCd>
          </USAddress>
          <TitleTxt>VP</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>CAPACITY BUILDING IN W. AFRICA-PROVIDE GUIDANCE, SUPPORT AND PROFESSIONAL OVERSIGHT OF ORGANIZATIONS &amp; PROGRAMS THAT ARE &amp; HAVE BEEN FUNDED BY NEW COVENANT FDN IN WESTERN AFRICA</Description1Txt>
        <Expenses1Amt>38568</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>2125435</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>279343</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2404778</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>2404778</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>36072</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2368706</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>118435</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>118435</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>626</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>626</TotalTaxAmt>
        <DistributableBeforeAdjAmt>117809</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>117809</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>117809</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>296849</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>296849</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>626</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>296223</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>117809</DistributableAsAdjustedAmt>
        <PriorYear1Yr>2014</PriorYear1Yr>
        <PriorYear2Yr>2013</PriorYear2Yr>
        <PriorYear3Yr>2012</PriorYear3Yr>
        <ExcessDistributionCyovYr5Amt>172623</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>252585</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>123594</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>34566</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>219413</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>802781</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>296849</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>117809</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>179040</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>981821</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>172623</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>809198</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>252585</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>123594</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>34566</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>219413</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>179040</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <ContributingManagerNm>Allen N Morell</ContributingManagerNm>
        <ContributingManagerNm>Patricia M Morell</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CAPE ABILITIES INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>895 MARY DUNN RD</AddressLine1Txt>
            <CityNm>HYANNIS</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02601</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General &amp; Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CAPE COD TIMES NEEDY FUND INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 804</AddressLine1Txt>
            <CityNm>HYANNIS</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02601</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Cape Cod &amp; Island Major Crisis Relief Fund</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>COMPASSION INTERNATIONAL INCORPORATED</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>12290 VOYAGER PKWY</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80997</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General &amp; Unrestricted</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CRU GLOBAL INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>100 LAKE HART DR STE 3500</AddressLine1Txt>
            <CityNm>ORLANDO</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32832</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>For the purchase and distribution of Bibles in closed nations</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FOCUS ON THE FAMILY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8605 EXPLORER DR</AddressLine1Txt>
            <CityNm>COLORADO SPRINGS</CityNm>
            <StateAbbreviationCd>CO</StateAbbreviationCd>
            <ZIPCd>80920</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Option Ultrasound Program</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GENERAL BOARD OF GLOBAL MINISTRIES OF THE UMC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1 MUSIC CIR N</AddressLine1Txt>
            <CityNm>NASHVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37203</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>for the construction of United Methodist Church Pujehun in Pujehun Town, Kpangakabondeh Chiefdom, Pujehun District</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HELPING CHILDREN WORLDWIDE INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>14101 PARKE LONG COURT STE-T</AddressLine1Txt>
            <CityNm>CHANTILLY</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>20151</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>to support the acquisition of critical IT equipment for the Child Rescue Centre in Bo, Sierra Leone, West Africa</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HELPING CHILDREN WORLDWIDE INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>14101 PARKE LONG COURT STE-T</AddressLine1Txt>
            <CityNm>CHANTILLY</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>20151</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>to support the Child Rescue Centre by sending a missionary team in June / July 2016</GrantOrContributionPurposeTxt>
          <Amt>6000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW ENGLAND CONFERENCE OF THE UNITED METHODIST CHU</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>276 ESSEX ST 4TH FLR</AddressLine1Txt>
            <CityNm>LAWRENCE</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>01840</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>To complete the refrigeration project at Camp Mechuwana</GrantOrContributionPurposeTxt>
          <Amt>7000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>OSTERVILLE UNITED METHODIST CHURCH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>57 POND ST</AddressLine1Txt>
            <CityNm>OSTERVILLE</CityNm>
            <StateAbbreviationCd>MA</StateAbbreviationCd>
            <ZIPCd>02655</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>OUMC Sierra Leone Outreach Partnership with Helping Children Worldwide Program</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RISEN JESUS INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>525 TRIBBLE GAP RD UNIT 3077</AddressLine1Txt>
            <CityNm>CUMMING</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30028</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Authoring, recording and distribution of radio broadcast devotionals of 2 - 5 minutes each. The devotionals shall be for a target audience in Sierra Leone, West Africa.</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>RONALD MCDONALD HOUSE CHARITIES INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3 INDUSTRIAL DR UNIT 6</AddressLine1Txt>
            <CityNm>WINDHAM</CityNm>
            <StateAbbreviationCd>NH</StateAbbreviationCd>
            <ZIPCd>03087</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>To provide for lodging and care Program</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SALVATION ARMY - NATIONAL CAPITAL AND VIRGINIA DIV</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2626 PENNSYLVANIA AVE NW</AddressLine1Txt>
            <CityNm>Washington</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20037</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Thanksgiving Meal Ticket Project</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF MAINE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>TWO ALUMNI PL</AddressLine1Txt>
            <CityNm>ORONO</CityNm>
            <StateAbbreviationCd>ME</StateAbbreviationCd>
            <ZIPCd>04469</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Ashworth Foundation Program</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF MAINE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>TWO ALUMNI PL</AddressLine1Txt>
            <CityNm>ORONO</CityNm>
            <StateAbbreviationCd>ME</StateAbbreviationCd>
            <ZIPCd>04469</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>Bodwell Volunteer Center and Weekend of Service coordinator, as well as transportation Program</GrantOrContributionPurposeTxt>
          <Amt>60000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF MAINE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>TWO ALUMNI PL</AddressLine1Txt>
            <CityNm>ORONO</CityNm>
            <StateAbbreviationCd>ME</StateAbbreviationCd>
            <ZIPCd>04469</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>The Servant Heart Fellowships</GrantOrContributionPurposeTxt>
          <Amt>12000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>183750</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>289</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>46585</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>45131</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>92005</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>92005</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>3M CO</StockNm>
        <EOYBookValueAmt>15077</EOYBookValueAmt>
        <EOYFMVAmt>17500</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ABBVIE INC</StockNm>
        <EOYBookValueAmt>49781</EOYBookValueAmt>
        <EOYFMVAmt>48217</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ACCENTURE PLC</StockNm>
        <EOYBookValueAmt>42889</EOYBookValueAmt>
        <EOYFMVAmt>49312</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ADVANCED ENERGY IND INC</StockNm>
        <EOYBookValueAmt>25907</EOYBookValueAmt>
        <EOYFMVAmt>28634</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ADVANSIX INC</StockNm>
        <EOYBookValueAmt>141</EOYBookValueAmt>
        <EOYFMVAmt>221</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALTRIA GROUP INC</StockNm>
        <EOYBookValueAmt>15000</EOYBookValueAmt>
        <EOYFMVAmt>16837</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMGEN INC</StockNm>
        <EOYBookValueAmt>20549</EOYBookValueAmt>
        <EOYFMVAmt>17253</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLIED MATERIALS INC</StockNm>
        <EOYBookValueAmt>16286</EOYBookValueAmt>
        <EOYFMVAmt>16393</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AUTOMATIC DATA PROCESSING INC</StockNm>
        <EOYBookValueAmt>15009</EOYBookValueAmt>
        <EOYFMVAmt>19014</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANKUNITED, INC</StockNm>
        <EOYBookValueAmt>13945</EOYBookValueAmt>
        <EOYFMVAmt>15076</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BARD C R INC</StockNm>
        <EOYBookValueAmt>20338</EOYBookValueAmt>
        <EOYFMVAmt>23589</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BROADCOM LIMITED</StockNm>
        <EOYBookValueAmt>12197</EOYBookValueAmt>
        <EOYFMVAmt>14142</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CBS CORP CL B</StockNm>
        <EOYBookValueAmt>8675</EOYBookValueAmt>
        <EOYFMVAmt>9797</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CELGENE CORP</StockNm>
        <EOYBookValueAmt>32030</EOYBookValueAmt>
        <EOYFMVAmt>33568</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CISCO SYSTEMS INC</StockNm>
        <EOYBookValueAmt>17878</EOYBookValueAmt>
        <EOYFMVAmt>18132</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CROWN HOLDINGS INC</StockNm>
        <EOYBookValueAmt>20491</EOYBookValueAmt>
        <EOYFMVAmt>19871</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DANAHER CORP</StockNm>
        <EOYBookValueAmt>27476</EOYBookValueAmt>
        <EOYFMVAmt>70056</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DISCOVER FINL SVCS COM</StockNm>
        <EOYBookValueAmt>49358</EOYBookValueAmt>
        <EOYFMVAmt>63007</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EATON CORP PLC</StockNm>
        <EOYBookValueAmt>18679</EOYBookValueAmt>
        <EOYFMVAmt>19590</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ELI LILLY &amp; CO</StockNm>
        <EOYBookValueAmt>18851</EOYBookValueAmt>
        <EOYFMVAmt>17726</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIDELITY ADVISOR FLOATING RATE</StockNm>
        <EOYBookValueAmt>150809</EOYBookValueAmt>
        <EOYFMVAmt>146946</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIRST DATA CORP</StockNm>
        <EOYBookValueAmt>25126</EOYBookValueAmt>
        <EOYFMVAmt>24435</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIRST EAGLE SOGEN OVERSEAS FUN</StockNm>
        <EOYBookValueAmt>263882</EOYBookValueAmt>
        <EOYFMVAmt>270176</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIRST EAGLE US VALUE FUND I</StockNm>
        <EOYBookValueAmt>165669</EOYBookValueAmt>
        <EOYFMVAmt>169298</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FORTIVE CORPORATION</StockNm>
        <EOYBookValueAmt>8548</EOYBookValueAmt>
        <EOYFMVAmt>24134</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL ELECTRIC CO</StockNm>
        <EOYBookValueAmt>15476</EOYBookValueAmt>
        <EOYFMVAmt>16748</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HOME DEPOT INC</StockNm>
        <EOYBookValueAmt>30262</EOYBookValueAmt>
        <EOYFMVAmt>34324</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HUNTINGTON BANCSHARES INC</StockNm>
        <EOYBookValueAmt>15079</EOYBookValueAmt>
        <EOYFMVAmt>22474</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTEL CORP</StockNm>
        <EOYBookValueAmt>16440</EOYBookValueAmt>
        <EOYFMVAmt>15741</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTERNATIONAL BUSINESS MACHINE</StockNm>
        <EOYBookValueAmt>65752</EOYBookValueAmt>
        <EOYFMVAmt>70380</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JP MORGAN CHASE</StockNm>
        <EOYBookValueAmt>26567</EOYBookValueAmt>
        <EOYFMVAmt>38831</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LOCKHEED MARTIN CORP</StockNm>
        <EOYBookValueAmt>20400</EOYBookValueAmt>
        <EOYFMVAmt>33242</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LYONDELLBASELL INDUSTRIES NV</StockNm>
        <EOYBookValueAmt>14907</EOYBookValueAmt>
        <EOYFMVAmt>15440</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MASTERCARD INC</StockNm>
        <EOYBookValueAmt>37197</EOYBookValueAmt>
        <EOYFMVAmt>37377</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MAXIM INTEGRATED PRODS INC</StockNm>
        <EOYBookValueAmt>15000</EOYBookValueAmt>
        <EOYFMVAmt>18784</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MICROSOFT CORP</StockNm>
        <EOYBookValueAmt>15003</EOYBookValueAmt>
        <EOYFMVAmt>18953</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORTHROP GRUMMAN CORP</StockNm>
        <EOYBookValueAmt>15005</EOYBookValueAmt>
        <EOYFMVAmt>18839</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NUVEEN MTG OPPORTUNITY TERM FD</StockNm>
        <EOYBookValueAmt>18750</EOYBookValueAmt>
        <EOYFMVAmt>18053</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OWENS ILLINOIS</StockNm>
        <EOYBookValueAmt>26241</EOYBookValueAmt>
        <EOYFMVAmt>24217</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PEPSICO INC</StockNm>
        <EOYBookValueAmt>15010</EOYBookValueAmt>
        <EOYFMVAmt>16113</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PFIZER INC</StockNm>
        <EOYBookValueAmt>32049</EOYBookValueAmt>
        <EOYFMVAmt>40470</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PLANET FITNESS INC</StockNm>
        <EOYBookValueAmt>19889</EOYBookValueAmt>
        <EOYFMVAmt>22110</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>QUALCOMM INC</StockNm>
        <EOYBookValueAmt>53457</EOYBookValueAmt>
        <EOYFMVAmt>55420</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>QUINTILES TRANSNATIONAL HOLDIN</StockNm>
        <EOYBookValueAmt>24213</EOYBookValueAmt>
        <EOYFMVAmt>24564</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RAYTHEON CO</StockNm>
        <EOYBookValueAmt>15029</EOYBookValueAmt>
        <EOYFMVAmt>16898</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>RE MAX HOLDINGS INC</StockNm>
        <EOYBookValueAmt>21876</EOYBookValueAmt>
        <EOYFMVAmt>39424</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ROSS STORES, INC</StockNm>
        <EOYBookValueAmt>15186</EOYBookValueAmt>
        <EOYFMVAmt>15416</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SKYWORKS SOLUTIONS, INC</StockNm>
        <EOYBookValueAmt>21134</EOYBookValueAmt>
        <EOYFMVAmt>20681</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPIRIT AEROSYSTEMS HOLDINGS CL</StockNm>
        <EOYBookValueAmt>24041</EOYBookValueAmt>
        <EOYFMVAmt>24799</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPSIOP STEPUP</StockNm>
        <EOYBookValueAmt>100000</EOYBookValueAmt>
        <EOYFMVAmt>88200</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SYSCO CORP</StockNm>
        <EOYBookValueAmt>16270</EOYBookValueAmt>
        <EOYFMVAmt>16943</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TAKE-TWO INTERACTIVE SOFTWARE</StockNm>
        <EOYBookValueAmt>15229</EOYBookValueAmt>
        <EOYFMVAmt>20209</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TEXAS INSTRUMENTS INC</StockNm>
        <EOYBookValueAmt>14450</EOYBookValueAmt>
        <EOYFMVAmt>14886</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNION PACIFIC</StockNm>
        <EOYBookValueAmt>14143</EOYBookValueAmt>
        <EOYFMVAmt>15448</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNITED TECHNOLOGIES CORP</StockNm>
        <EOYBookValueAmt>13831</EOYBookValueAmt>
        <EOYFMVAmt>14251</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ZOETIS INC</StockNm>
        <EOYBookValueAmt>21168</EOYBookValueAmt>
        <EOYFMVAmt>22376</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SX5E LIRN RBC</StockNm>
        <EOYBookValueAmt>50000</EOYBookValueAmt>
        <EOYFMVAmt>52200</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>Administrative Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>16250</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>16250</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Bank Charges</Desc>
        <RevenueAndExpensesPerBooksAmt>300</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>300</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>COMMUNICATION EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>8855</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>8855</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>State or Local Filing Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>54</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>54</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="OtherLiabSch">
      <OtherLiabilitiesDetail>
        <Desc>PAYROLL TAX WITHHELD</Desc>
        <EOYBookValueAmt>809</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>Investment Management Services</CategoryTxt>
        <Amt>29124</Amt>
        <NetInvestmentIncomeAmt>29124</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>990-PF Extension for 2015</CategoryTxt>
        <Amt>561</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>