﻿<?xml version="1.0" encoding="utf-8"?>
<Return returnVersion="2015v3.0" xsi:schemaLocation="http://www.irs.gov/efile" xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2017-07-18T12:22:29-07:00</ReturnTs>
    <TaxPeriodEndDt>2016-09-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Newton Newton Downs &amp; Blair PC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>6750 West Loop S Ste 600</AddressLine1Txt>
        <CityNm>Bellaire</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>774014116</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2015-10-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>205509324</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Mike and Leslie Lowrey Foundation</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>MIKE</BusinessNameControlTxt>
      <PhoneNum>9792973157</PhoneNum>
      <USAddress>
        <AddressLine1Txt>206 Teakwood St</AddressLine1Txt>
        <CityNm>Lake Jackson</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>77566</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>James F Brown Jr</PersonNm>
      <PersonTitleTxt>Director</PersonTitleTxt>
      <SignatureDt>2017-07-17</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>W Edgar Blair</PreparerPersonNm>
      <PTIN>P00295364</PTIN>
      <PhoneNum>7136661040</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2015</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="9">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation" softwareId="15000324" softwareVersionNum="2015v3.0">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>6081222</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>146698</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>146698</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>13983</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>909012</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>13983</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>160681</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>160681</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">4775</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>4775</AccountingFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">30000</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>30000</TaxesNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">61474</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>61474</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>96249</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>96249</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>290000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>290000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>386249</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>96249</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>290000</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-225568</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>64432</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>64</CashBOYAmt>
        <CashEOYAmt>1064</CashEOYAmt>
        <CashEOYFMVAmt>1064</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>2033301</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>62581</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>62581</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>2883574</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">3742357</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>3857949</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>1033441</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="InvestmentsCorpBondsSchedule">1911538</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>1946773</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>185000</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="InvestmentsOtherSchedule2">192501</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>212855</OtherInvestmentsEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="OtherAssetsSchedule">1390</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="OtherAssetsSchedule">1161</OtherAssetsEOYAmt>
        <TotalAssetsBOYAmt>6136770</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>5911202</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>6081222</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
        <UnrestrictedBOYAmt>6136770</UnrestrictedBOYAmt>
        <UnrestrictedEOYAmt>5911202</UnrestrictedEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>6136770</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>5911202</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>6136770</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>5911202</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>6136770</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-225568</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>5911202</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>5911202</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>310 Borg-Warner Automotive</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-08-19</AcquiredDt>
          <SoldDt>2015-10-30</SoldDt>
          <GrossSalesPriceAmt>13595</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>14403</CostOrOtherBasisAmt>
          <GainOrLossAmt>-808</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-808</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>290 Allergan PLC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-10-01</AcquiredDt>
          <SoldDt>2015-11-03</SoldDt>
          <GrossSalesPriceAmt>90370</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>86184</CostOrOtherBasisAmt>
          <GainOrLossAmt>4186</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4186</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,415 Qualcomm Inc</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-10-01</AcquiredDt>
          <SoldDt>2015-11-24</SoldDt>
          <GrossSalesPriceAmt>68956</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>83770</CostOrOtherBasisAmt>
          <GainOrLossAmt>-14814</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-14814</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,970 General Electric</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-08-12</AcquiredDt>
          <SoldDt>2015-12-01</SoldDt>
          <GrossSalesPriceAmt>60074</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>50687</CostOrOtherBasisAmt>
          <GainOrLossAmt>9387</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>9387</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,450 Hexcel Corp</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-10-01</AcquiredDt>
          <SoldDt>2016-01-08</SoldDt>
          <GrossSalesPriceAmt>65695</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>76845</CostOrOtherBasisAmt>
          <GainOrLossAmt>-11150</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-11150</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>115 Facebook Inc Class A</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-10-01</AcquiredDt>
          <SoldDt>2016-02-10</SoldDt>
          <GrossSalesPriceAmt>12157</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>10839</CostOrOtherBasisAmt>
          <GainOrLossAmt>1318</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1318</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Cameron Intl Corp - Cash</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-01-01</AcquiredDt>
          <SoldDt>2016-04-08</SoldDt>
          <GrossSalesPriceAmt>22165</GrossSalesPriceAmt>
          <GainOrLossAmt>22165</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>22165</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>2,650 BB &amp; T Corp</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-10-01</AcquiredDt>
          <SoldDt>2016-04-01</SoldDt>
          <GrossSalesPriceAmt>87761</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>102724</CostOrOtherBasisAmt>
          <GainOrLossAmt>-14963</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-14963</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Schlumberger Ltd Cash in Lieu</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-10-01</AcquiredDt>
          <SoldDt>2016-04-19</SoldDt>
          <GrossSalesPriceAmt>5</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5</CostOrOtherBasisAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>210 Costco Wholesale Corp</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-10-01</AcquiredDt>
          <SoldDt>2016-05-04</SoldDt>
          <GrossSalesPriceAmt>31189</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>30636</CostOrOtherBasisAmt>
          <GainOrLossAmt>553</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>553</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>900 Ishares Invest Grade Corp Bonds</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-10-01</AcquiredDt>
          <SoldDt>2016-06-03</SoldDt>
          <GrossSalesPriceAmt>107391</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>102784</CostOrOtherBasisAmt>
          <GainOrLossAmt>4607</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4607</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1,770 Abbvie Inc</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-10-01</AcquiredDt>
          <SoldDt>2016-06-13</SoldDt>
          <GrossSalesPriceAmt>109714</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>112191</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2477</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2477</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>535 Calgene Corp</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-10-01</AcquiredDt>
          <SoldDt>2016-08-12</SoldDt>
          <GrossSalesPriceAmt>60903</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>70098</CostOrOtherBasisAmt>
          <GainOrLossAmt>-9195</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-9195</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>2,315 Sabine Royalty Trust</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-08-17</AcquiredDt>
          <SoldDt>2016-08-18</SoldDt>
          <GrossSalesPriceAmt>90448</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>74157</CostOrOtherBasisAmt>
          <GainOrLossAmt>16291</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>16291</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>490 Sabine Royalty Trust</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-01-22</AcquiredDt>
          <SoldDt>2016-08-18</SoldDt>
          <GrossSalesPriceAmt>19144</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>12548</CostOrOtherBasisAmt>
          <GainOrLossAmt>6596</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>6596</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>840 Vanguard Short-Term Corp Bond ETF</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-10-01</AcquiredDt>
          <SoldDt>2016-09-21</SoldDt>
          <GrossSalesPriceAmt>67624</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>67158</CostOrOtherBasisAmt>
          <GainOrLossAmt>466</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>466</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>Capital Gain Dividends</PropertyDesc>
          <GainOrLossAmt>1821</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>13983</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>-26294</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>275000</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>6361762</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.04323</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>300000</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>6206634</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.04834</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>275000</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>5860516</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.04692</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>281500</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>5613180</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.05015</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>260000</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>5909606</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.04400</DistributionYr5Rt>
        <TotalDistributionRt>0.232632</TotalDistributionRt>
        <AverageDistributionRt>0.046526</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>6089814</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>283335</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>644</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>283979</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>290000</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>644</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>644</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>644</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>10587</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>10587</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="IRS2220">X</Form2220AttachedInd>
        <OverpaymentAmt>9943</OverpaymentAmt>
        <AppliedToESTaxAmt>9943</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>false</Form990TFiledInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>TX</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>Leslie A Lowrey</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>9792973157</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>206 Teakwood St</AddressLine1Txt>
          <CityNm>Lake Jackson</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>775663214</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <ExcessBusinessHoldingsInd>false</ExcessBusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>false</TransactionsFailToQlfyAsExcInd>
        <MaintainedExpenditureRspnsInd>false</MaintainedExpenditureRspnsInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <ProceedsOrNetIncomeInd>false</ProceedsOrNetIncomeInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Leslie A Lowrey</PersonNm>
          <USAddress>
            <AddressLine1Txt>206 Teakwood St</AddressLine1Txt>
            <CityNm>Lake Jackson</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>775663214</ZIPCd>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>Jennifer Michele Wehrly</PersonNm>
          <USAddress>
            <AddressLine1Txt>317 Timbercreek Dr</AddressLine1Txt>
            <CityNm>Lake Jackson</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77566</ZIPCd>
          </USAddress>
          <TitleTxt>Secy &amp; Treas</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>James F Brown Jr</PersonNm>
          <USAddress>
            <AddressLine1Txt>221 Dewberry Dr</AddressLine1Txt>
            <CityNm>Lake Jackson</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77566</ZIPCd>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>6181821</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>731</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>6182552</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>6182552</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>92738</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>6089814</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>304491</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>304491</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>644</TaxBasedOnInvestmentIncomeAmt>
        <IncomeTaxAmt>30000</IncomeTaxAmt>
        <TotalTaxAmt>30644</TotalTaxAmt>
        <DistributableBeforeAdjAmt>273847</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>273847</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>273847</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>290000</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>290000</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>644</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>289356</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>273847</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>289672</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>290000</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>289672</AppliedToYear1Amt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>328</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>273519</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>Community Foundation of Brazoria Co</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>104 W Myrtle St</AddressLine1Txt>
            <CityNm>Angleton</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77515</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>None</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>To help the local community oundation carry out its nonprofit purpose.</GrantOrContributionPurposeTxt>
          <Amt>290000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>290000</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>146698</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionAmt>1821</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>12162</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>148519</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>12162</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>160681</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="15000324" softwareVersionNum="2015v3.0">
      <AccountingFeesDetail>
        <CategoryTxt>Accounting/Tax Prep fees</CategoryTxt>
        <Amt>4775</Amt>
        <NetInvestmentIncomeAmt>4775</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <AmortizationSchedule documentId="AmortizationSchedule" softwareId="15000324" softwareVersionNum="2015v3.0">
      <AmortizationScheduleDetail>
        <AmortizedExpensesDesc>Organization Costs</AmortizedExpensesDesc>
        <AcquiredCompletedOrExpendedDt>2006-11-01</AcquiredCompletedOrExpendedDt>
        <AmortizedAmt>3432</AmortizedAmt>
        <DeductionForPriorYearsAmt>2042</DeductionForPriorYearsAmt>
        <AmortizationPeriodRt>15.0000</AmortizationPeriodRt>
        <CurrentYearAmortizationAmt>229</CurrentYearAmortizationAmt>
        <TotalAmortizationAmt>2271</TotalAmortizationAmt>
      </AmortizationScheduleDetail>
    </AmortizationSchedule>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule" softwareId="15000324" softwareVersionNum="2015v3.0">
      <InvestmentsCorporateBondsGrp>
        <BondNm>CA Inc 3.60% Due 8/1/20</BondNm>
        <EOYBookValueAmt>101463</EOYBookValueAmt>
        <EOYFMVAmt>104933</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Celgene Corp 2.3% Due 8/5/18</BondNm>
        <EOYBookValueAmt>100482</EOYBookValueAmt>
        <EOYFMVAmt>101436</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Cleveland Electric 5.70% Due 4/1/17 YTM</BondNm>
        <EOYBookValueAmt>31648</EOYBookValueAmt>
        <EOYFMVAmt>30545</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Edward Lifesciences Cor 2.875%Due10/15/8</BondNm>
        <EOYBookValueAmt>101836</EOYBookValueAmt>
        <EOYFMVAmt>101903</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Jersey Central Pwr &amp; Lt 5.65% Due 6/1/17</BondNm>
        <EOYBookValueAmt>105416</EOYBookValueAmt>
        <EOYFMVAmt>102582</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>L-3 Comm Corp 5.2% Due 10/15/19</BondNm>
        <EOYBookValueAmt>108285</EOYBookValueAmt>
        <EOYFMVAmt>110144</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Murphy Oil Corp 4.00% Due 6/1/22</BondNm>
        <EOYBookValueAmt>92103</EOYBookValueAmt>
        <EOYFMVAmt>93699</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Oceaneering Intl Inc 4.65% Due 11/15/24</BondNm>
        <EOYBookValueAmt>99500</EOYBookValueAmt>
        <EOYFMVAmt>100849</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Tupperware Brands Corp 4.75% Due 6/1/21</BondNm>
        <EOYBookValueAmt>104763</EOYBookValueAmt>
        <EOYFMVAmt>109598</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Viacom Inc 3.875% Due 12/15/21</BondNm>
        <EOYBookValueAmt>98530</EOYBookValueAmt>
        <EOYFMVAmt>106371</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Wachovia CapTrust III 5.56975%Due9/17/15</BondNm>
        <EOYBookValueAmt>89415</EOYBookValueAmt>
        <EOYFMVAmt>89593</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Advance Auto Parts I 5.75% Due 5/1/20</BondNm>
        <EOYBookValueAmt>110952</EOYBookValueAmt>
        <EOYFMVAmt>110428</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Autodesk Inc 3.60% Due 12/15/22</BondNm>
        <EOYBookValueAmt>97453</EOYBookValueAmt>
        <EOYFMVAmt>102558</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Buckeye Partners 5.50% Due 8/15/19</BondNm>
        <EOYBookValueAmt>104259</EOYBookValueAmt>
        <EOYFMVAmt>106559</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Ebay Inc 6.00% Due 2/01/56</BondNm>
        <EOYBookValueAmt>102547</EOYBookValueAmt>
        <EOYFMVAmt>111816</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Entertainment Properties 5.75% Due 8/15/</BondNm>
        <EOYBookValueAmt>111736</EOYBookValueAmt>
        <EOYFMVAmt>110534</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Gap Inc 5.95% Due 4/12/21</BondNm>
        <EOYBookValueAmt>107757</EOYBookValueAmt>
        <EOYFMVAmt>106405</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HCP Inc 3.75% Due 2/01/19</BondNm>
        <EOYBookValueAmt>51691</EOYBookValueAmt>
        <EOYFMVAmt>51758</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>Roper Technologies Inc 2.05% Due 10/01/1</BondNm>
        <EOYBookValueAmt>99182</EOYBookValueAmt>
        <EOYFMVAmt>101299</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>UIL Holdings Corp 4.625% Due 10/01/20</BondNm>
        <EOYBookValueAmt>42542</EOYBookValueAmt>
        <EOYFMVAmt>42966</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WP Carey Inc Sr Global 4.25% Due 10/01/2</BondNm>
        <EOYBookValueAmt>49978</EOYBookValueAmt>
        <EOYFMVAmt>50797</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="15000324" softwareVersionNum="2015v3.0">
      <InvestmentsCorporateStockGrp>
        <StockNm>Abbvie Inc</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Allergan PLC</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Amazon Comm Inc</StockNm>
        <EOYBookValueAmt>97134</EOYBookValueAmt>
        <EOYFMVAmt>154902</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>American Express Co</StockNm>
        <EOYBookValueAmt>106589</EOYBookValueAmt>
        <EOYFMVAmt>86454</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Apple Inc</StockNm>
        <EOYBookValueAmt>176905</EOYBookValueAmt>
        <EOYFMVAmt>176923</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BB &amp; T Corp</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Borg-Warner Automotive Inc</StockNm>
        <EOYBookValueAmt>62490</EOYBookValueAmt>
        <EOYFMVAmt>47317</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Bristol Myers Squibb</StockNm>
        <EOYBookValueAmt>77658</EOYBookValueAmt>
        <EOYFMVAmt>67130</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CVS/Caremark Corp</StockNm>
        <EOYBookValueAmt>147038</EOYBookValueAmt>
        <EOYFMVAmt>124586</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Cameron International Corp</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Celgene Corp</StockNm>
        <EOYBookValueAmt>60088</EOYBookValueAmt>
        <EOYFMVAmt>57492</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Costco Wholesale Corp</StockNm>
        <EOYBookValueAmt>79466</EOYBookValueAmt>
        <EOYFMVAmt>82355</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Dupont De Nemour &amp; Co</StockNm>
        <EOYBookValueAmt>77409</EOYBookValueAmt>
        <EOYFMVAmt>97776</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Emerson Electric Co</StockNm>
        <EOYBookValueAmt>97400</EOYBookValueAmt>
        <EOYFMVAmt>108475</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Exxon Mobil Corp</StockNm>
        <EOYBookValueAmt>112929</EOYBookValueAmt>
        <EOYFMVAmt>126120</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Facebook Inc Class A</StockNm>
        <EOYBookValueAmt>81171</EOYBookValueAmt>
        <EOYFMVAmt>109671</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>General Electric Co</StockNm>
        <EOYBookValueAmt>106295</EOYBookValueAmt>
        <EOYFMVAmt>117591</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Gilead Sciences Inc</StockNm>
        <EOYBookValueAmt>129930</EOYBookValueAmt>
        <EOYFMVAmt>96526</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AlphaBet Inc (was Google Inc)</StockNm>
        <EOYBookValueAmt>119584</EOYBookValueAmt>
        <EOYFMVAmt>143799</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Hexcel Corp</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Lauder Estee Inc</StockNm>
        <EOYBookValueAmt>74763</EOYBookValueAmt>
        <EOYFMVAmt>81475</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Microsoft Corp</StockNm>
        <EOYBookValueAmt>78497</EOYBookValueAmt>
        <EOYFMVAmt>96768</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Monsanto Co</StockNm>
        <EOYBookValueAmt>100593</EOYBookValueAmt>
        <EOYFMVAmt>102200</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Qualcomm Inc</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Sabine Royalty Trust</StockNm>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Schlumberger Limited</StockNm>
        <EOYBookValueAmt>157624</EOYBookValueAmt>
        <EOYFMVAmt>159167</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Sempra Energy</StockNm>
        <EOYBookValueAmt>108224</EOYBookValueAmt>
        <EOYFMVAmt>116301</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Starbucks Corp</StockNm>
        <EOYBookValueAmt>93220</EOYBookValueAmt>
        <EOYFMVAmt>89331</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Thermo Fisher Scientific Inc</StockNm>
        <EOYBookValueAmt>93864</EOYBookValueAmt>
        <EOYFMVAmt>111342</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>US Bancorp 6%</StockNm>
        <EOYBookValueAmt>100420</EOYBookValueAmt>
        <EOYFMVAmt>96225</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Verizon Communications</StockNm>
        <EOYBookValueAmt>117376</EOYBookValueAmt>
        <EOYFMVAmt>130730</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Wells Fargo &amp; Company</StockNm>
        <EOYBookValueAmt>123066</EOYBookValueAmt>
        <EOYFMVAmt>98744</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Novartis AG</StockNm>
        <EOYBookValueAmt>136659</EOYBookValueAmt>
        <EOYFMVAmt>108965</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Roche Hldg Ltd</StockNm>
        <EOYBookValueAmt>116082</EOYBookValueAmt>
        <EOYFMVAmt>102511</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Vanguard Short-term Corp Bond ETF</StockNm>
        <EOYBookValueAmt>39975</EOYBookValueAmt>
        <EOYFMVAmt>40275</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Carlisle Cos Inc</StockNm>
        <EOYBookValueAmt>98053</EOYBookValueAmt>
        <EOYFMVAmt>120007</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Delphi Automotive PL</StockNm>
        <EOYBookValueAmt>81313</EOYBookValueAmt>
        <EOYFMVAmt>95925</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Northwestern Corp</StockNm>
        <EOYBookValueAmt>71738</EOYBookValueAmt>
        <EOYFMVAmt>78528</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Pfizer Inc</StockNm>
        <EOYBookValueAmt>114159</EOYBookValueAmt>
        <EOYFMVAmt>123795</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Proctor &amp; Gamble Co</StockNm>
        <EOYBookValueAmt>79102</EOYBookValueAmt>
        <EOYFMVAmt>93789</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Royal Dutch Shell PLC CL B</StockNm>
        <EOYBookValueAmt>81389</EOYBookValueAmt>
        <EOYFMVAmt>81887</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Tractor Supply Co</StockNm>
        <EOYBookValueAmt>73961</EOYBookValueAmt>
        <EOYFMVAmt>60278</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Visa Inc CL A</StockNm>
        <EOYBookValueAmt>79433</EOYBookValueAmt>
        <EOYFMVAmt>85595</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Walt Disney Holdings</StockNm>
        <EOYBookValueAmt>116221</EOYBookValueAmt>
        <EOYFMVAmt>106789</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>Nestle</StockNm>
        <EOYBookValueAmt>74539</EOYBookValueAmt>
        <EOYFMVAmt>80205</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="InvestmentsOtherSchedule2" softwareId="15000324" softwareVersionNum="2015v3.0">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>Investment Managers Ser</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>192501</BookValueAmt>
        <EOYFMVAmt>212855</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule" softwareId="15000324" softwareVersionNum="2015v3.0">
      <OtherAssetsScheduleGrp>
        <Desc>Net Intangible Assets</Desc>
        <BOYBookValueAmt>1390</BOYBookValueAmt>
        <EOYBookValueAmt>1161</EOYBookValueAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="15000324" softwareVersionNum="2015v3.0">
      <OtherExpensesScheduleGrp>
        <Desc>Amortization</Desc>
        <RevenueAndExpensesPerBooksAmt>229</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>229</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>Rounding</Desc>
        <RevenueAndExpensesPerBooksAmt>-3</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-3</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TGB #5707999 Investment Fees</Desc>
        <RevenueAndExpensesPerBooksAmt>61248</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>61248</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="15000324" softwareVersionNum="2015v3.0">
      <TaxesDetail>
        <CategoryTxt>Form 990 - 2014 YE 9/30/15 ext 2/16/16</CategoryTxt>
        <Amt>30000</Amt>
        <NetInvestmentIncomeAmt>30000</NetInvestmentIncomeAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>