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        <DisbursementsCharitablePrpsAmt>3465</DisbursementsCharitablePrpsAmt>
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      <GeneralExplanationGrp>
        <FormAndLineReferenceDesc>FORM 990-PF PART VII-B LINE 2</FormAndLineReferenceDesc>
        <MediumExplanationTxt>AS THE FAILURE TO DISTRIBUTE ALL OF 2015 INCOME WAS DUE TO SERIOUS ILLNESS OF THE FOUNDATION PRESIDENT, THE FOUNDATION IS REQUESTING ABATEMENT OF PENALTY ON TIMELY FILED FORM 4720.</MediumExplanationTxt>
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        <EOYFMVAmt>88400</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>CHEVRONTEXACO-19188 SHARES</StockNm>
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        <EOYFMVAmt>2258428</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>GENERAL ELECTRIC CO-3000 SHARES</StockNm>
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        <EOYFMVAmt>94800</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>IBM-4650 SHARES</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE INC-7000 SHARES</StockNm>
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      <InvestmentsCorporateStockGrp>
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        <EOYFMVAmt>830960</EOYFMVAmt>
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