﻿<?xml version="1.0" encoding="utf-8"?>
<Return returnVersion="2016v3.0" 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>2017-06-16T07:38:22-07:00</ReturnTs>
    <TaxPeriodEndDt>2016-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>CW Russell CPA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>4695 N FM 2869</AddressLine1Txt>
        <CityNm>Winnsboro</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>75494</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2016-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>752886782</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>Worrall Foundation</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>WORR</BusinessNameControlTxt>
      <PhoneNum>2148270590</PhoneNum>
      <USAddress>
        <AddressLine1Txt>6342 La Vista Drive</AddressLine1Txt>
        <CityNm>Dallas</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>75214</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>JAN M WORRALL</PersonNm>
      <PersonTitleTxt>MANAGER</PersonTitleTxt>
      <PhoneNum>2148270590</PhoneNum>
      <SignatureDt>2017-04-23</SignatureDt>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>C W RUSSELL CPA</PreparerPersonNm>
      <PhoneNum>9036297880</PhoneNum>
      <PreparationDt>2017-06-16</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <IPAddress>
        <IPv4AddressTxt>137.119.120.198</IPv4AddressTxt>
      </IPAddress>
      <IPDt>2017-06-16</IPDt>
      <IPTm>07:38:08</IPTm>
      <IPTimezoneCd>PD</IPTimezoneCd>
      <FilingLicenseTypeCd>P</FilingLicenseTypeCd>
      <AtSubmissionCreationDeviceId>0C3030EE23C0887604F3D83B2D6E06B2E52DA654</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>C5D65E6F3FA7EA82EC766EF6EB1A8E58AF9206D0</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2016</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="8">
    <IRS990PF documentId="00000001" referenceDocumentName="ReasonableCauseExplanation GeneralExplanationAttachment">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>162766</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>2953</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>2953</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>2953</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt referenceDocumentId="00000003" referenceDocumentName="GainLossFromSaleOtherAssetsSchedule">15410</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>45892</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>15410</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>339</NetSTCapitalGainAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>18363</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>18363</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>3292</TotalAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="00000002" referenceDocumentName="AccountingFeesSchedule">2100</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>2100</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>2100</AccountingFeesAdjNetIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="00000007" referenceDocumentName="OtherProfessionalFeesSchedule">2442</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>2442</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesAdjNetIncmAmt>2442</OtherProfFeesAdjNetIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="00000008" referenceDocumentName="TaxesSchedule">0</TaxesRevAndExpnssAmt>
        <TotOprExpensesRevAndExpnssAmt>4542</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>4542</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>4542</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>12638</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>12638</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>17180</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>4542</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>4542</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>12638</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>1183</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>13821</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>3860</CashBOYAmt>
        <CashEOYAmt>3264</CashEOYAmt>
        <CashEOYFMVAmt>4695</CashEOYFMVAmt>
        <CorporateStockBOYAmt>112654</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="00000004" referenceDocumentName="InvestmentsCorpStockSchedule">114040</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>158071</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>116514</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>117304</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>162766</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <RetainedEarningBOYAmt>116514</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>117304</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>116514</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>117304</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>116514</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>117304</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>116514</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>1183</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="00000006" referenceDocumentName="OtherIncreasesSchedule">62</OtherIncreasesAmt>
        <SubtotalAmt>117759</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="00000005" referenceDocumentName="OtherDecreasesSchedule">455</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>117304</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>See attached PDF 116596</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-11-04</AcquiredDt>
          <SoldDt>2016-09-19</SoldDt>
          <GrossSalesPriceAmt>1629</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>2046</CostOrOtherBasisAmt>
          <GainOrLossAmt>-417</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>-417</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>See attached PDF 116596</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-05-23</AcquiredDt>
          <SoldDt>2016-06-07</SoldDt>
          <GrossSalesPriceAmt>30</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>0</CostOrOtherBasisAmt>
          <GainOrLossAmt>30</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>30</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>See attached PDF 116596</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-07-23</AcquiredDt>
          <SoldDt>2016-09-14</SoldDt>
          <GrossSalesPriceAmt>459</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>355</CostOrOtherBasisAmt>
          <GainOrLossAmt>104</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>104</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>See attached PDF 116596</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-07-23</AcquiredDt>
          <SoldDt>2016-09-14</SoldDt>
          <GrossSalesPriceAmt>17361</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>6592</CostOrOtherBasisAmt>
          <GainOrLossAmt>10769</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>10769</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>See attached PDF 116652</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2016-03-16</AcquiredDt>
          <SoldDt>2016-11-14</SoldDt>
          <GrossSalesPriceAmt>9016</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>8290</CostOrOtherBasisAmt>
          <GainOrLossAmt>726</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>726</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>See attached PDF 116652</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2015-02-09</AcquiredDt>
          <SoldDt>2016-09-23</SoldDt>
          <GrossSalesPriceAmt>13114</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>10737</CostOrOtherBasisAmt>
          <GainOrLossAmt>2377</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>2377</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>See attached PDF 116652</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2011-11-10</AcquiredDt>
          <SoldDt>2016-05-26</SoldDt>
          <GrossSalesPriceAmt>4283</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>2462</CostOrOtherBasisAmt>
          <GainOrLossAmt>1821</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>1821</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>15410</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>339</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>15711</AdjustedQlfyDistriYr1Amt>
        <DistributionYr1Rt>0.000000</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>12472</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>183427</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.067994</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>14496</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>162054</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.089452</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>8228</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>144778</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.056832</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>9988</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>140087</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.071299</DistributionYr5Rt>
        <TotalDistributionRt>0.285577</TotalDistributionRt>
        <AverageDistributionRt>0.057115</AverageDistributionRt>
        <NetInvestmentIncomePctAmt>138</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>138</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>12638</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>138</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>138</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>138</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>240</EstimatedPlusOvpmtIncmTxAmt>
        <AppliedToEsTaxAmt>60</AppliedToEsTaxAmt>
        <TotalPaymentsAndCreditsAmt>300</TotalPaymentsAndCreditsAmt>
        <OriginalReturnOverpaymentAmt>-300</OriginalReturnOverpaymentAmt>
        <OverpaymentAmt>162</OverpaymentAmt>
        <AppliedToESTaxAmt>162</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>false</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>
        <IndividualWithBooksNm>JAN WORRALL</IndividualWithBooksNm>
        <PhoneNum>2148270590</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>6342 La Vista Dr</AddressLine1Txt>
          <CityNm>Dallas</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>75214</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>false</TransactionsFailToQlfyAsExcInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GERALD WORRALL III</PersonNm>
          <USAddress>
            <AddressLine1Txt>6342 La Vista Dr</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75214</ZIPCd>
          </USAddress>
          <TitleTxt>Pres./Dir.</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JAN M WORRALL</PersonNm>
          <USAddress>
            <AddressLine1Txt>6342 La Vista Dr</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75214</ZIPCd>
          </USAddress>
          <TitleTxt>Treas./Dir.</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>NORMA J WORRALL</PersonNm>
          <USAddress>
            <AddressLine1Txt>6342 La Vista Dr</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75214</ZIPCd>
          </USAddress>
          <TitleTxt>Sedc./Dir.</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GERALD WORRALL II</PersonNm>
          <USAddress>
            <AddressLine1Txt>6342 La Vista Dr</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75214</ZIPCd>
          </USAddress>
          <TitleTxt>Dir.</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>N/A</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
        <Expenses2Amt>0</Expenses2Amt>
        <Expenses3Amt>0</Expenses3Amt>
        <Expenses4Amt>0</Expenses4Amt>
      </SummaryOfDirectChrtblActyGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>0</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>0</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>0</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>0</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>0</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>0</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>0</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <TaxBasedOnInvestmentIncomeAmt>138</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>138</TotalTaxAmt>
        <DistributableAsAdjustedAmt>0</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>12638</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>12638</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>138</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>12500</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>0</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>9988</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>8228</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>14496</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>3620</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>15921</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>52253</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>12638</QualifyingDistributionsAmt>
        <RemainingDistriFromCorpusAmt>12638</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>64891</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>9988</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>54903</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>8228</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>14496</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>3620</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>15921</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>12638</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>NONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>See Attached PDF-Grants</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>See Attached PDF-Grants</AddressLine1Txt>
            <CityNm>Dallas</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>75200</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>See Attached PDF-Grants</GrantOrContributionPurposeTxt>
          <Amt>12638</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>12638</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2953</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>15410</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>18363</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>18363</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="00000002">
      <AccountingFeesDetail>
        <CategoryTxt>C. W. Russell Tax</CategoryTxt>
        <Amt>2100</Amt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <GainLossSaleOtherAssetsSch documentId="00000003">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>See attached PDF 116596</AssetDesc>
        <AcquiredDt>2015-11</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-09</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Morgan Stanley</BusinessNameLine1Txt>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>1629</GrossSalesPriceAmt>
        <BasisAmt>2046</BasisAmt>
        <TotalNetAmt>-417</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>See attached PDF 116596</AssetDesc>
        <AcquiredDt>2016-05</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-06</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Morgan Stanley</BusinessNameLine1Txt>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>30</GrossSalesPriceAmt>
        <TotalNetAmt>30</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>See attached PDF 116596</AssetDesc>
        <AcquiredDt>2013-07</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-09</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Morgan Stanley</BusinessNameLine1Txt>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>459</GrossSalesPriceAmt>
        <BasisAmt>355</BasisAmt>
        <TotalNetAmt>104</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>See attached PDF 116596</AssetDesc>
        <AcquiredDt>2013-07</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-09</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Morgan Stanley</BusinessNameLine1Txt>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>17361</GrossSalesPriceAmt>
        <BasisAmt>6592</BasisAmt>
        <TotalNetAmt>10769</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>See attached PDF 116652</AssetDesc>
        <AcquiredDt>2016-03</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-11</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Morgan Stanley</BusinessNameLine1Txt>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>9016</GrossSalesPriceAmt>
        <BasisAmt>8290</BasisAmt>
        <TotalNetAmt>726</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>See attached PDF 116652</AssetDesc>
        <AcquiredDt>2015-02</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-09</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Morgan Stanley</BusinessNameLine1Txt>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>13114</GrossSalesPriceAmt>
        <BasisAmt>10737</BasisAmt>
        <TotalNetAmt>2377</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>See attached PDF 116652</AssetDesc>
        <AcquiredDt>2011-11</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2016-05</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1Txt>Morgan Stanley</BusinessNameLine1Txt>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>4283</GrossSalesPriceAmt>
        <BasisAmt>2462</BasisAmt>
        <TotalNetAmt>1821</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="00000004">
      <InvestmentsCorporateStockGrp>
        <StockNm>MSSB-116596</StockNm>
        <EOYBookValueAmt>47851</EOYBookValueAmt>
        <EOYFMVAmt>81761</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MSSB-116652</StockNm>
        <EOYBookValueAmt>66189</EOYBookValueAmt>
        <EOYFMVAmt>76310</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherDecreasesSchedule documentId="00000005">
      <OtherDecreasesDetail>
        <Desc>Broker 1099 diff in Interest &amp; Dividends</Desc>
        <Amt>326</Amt>
      </OtherDecreasesDetail>
      <OtherDecreasesDetail>
        <Desc>Federal Income Tax</Desc>
        <Amt>129</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherIncreasesSchedule documentId="00000006">
      <OtherIncreasesDetail>
        <Desc>Broker Difference in Cost Basis</Desc>
        <Amt>62</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="00000007">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MSSmith Barney Brokerage</CategoryTxt>
        <Amt>2442</Amt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="00000008">
      <TaxesDetail>
        <CategoryTxt>ADR Fees</CategoryTxt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>