﻿<?xml version="1.0" encoding="utf-8"?>
<Return returnVersion="2016v3.0" xmlns="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2017-03-21T11:03:09-04:00</ReturnTs>
    <TaxPeriodEndDt>2016-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>680466494</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Charles D Hart EA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>P O Box 1833</AddressLine1Txt>
        <CityNm>Grass Valley</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>959451833</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2016-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>686190796</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>WELZ FAMILY CHILDRENS FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>WELZ</BusinessNameControlTxt>
      <USAddress>
        <AddressLine1Txt>P O BOX 3046</AddressLine1Txt>
        <CityNm>GRASS VALLEY</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>959453046</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>JUDY BAGLEY</PersonNm>
      <PersonTitleTxt>DIRECTOR</PersonTitleTxt>
      <PhoneNum>5302711188</PhoneNum>
      <SignatureDt>2017-03-05</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Charles D Hart EA</PreparerPersonNm>
      <PTIN>P00060421</PTIN>
      <PhoneNum>5302726103</PhoneNum>
      <PreparationDt>2017-03-21</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <IPAddress>
        <IPv4AddressTxt>172.15.97.139</IPv4AddressTxt>
      </IPAddress>
      <IPDt>2017-03-21</IPDt>
      <IPTm>11:03:58</IPTm>
      <FederalOriginalSubmissionId>6842272017080ev3w4hm</FederalOriginalSubmissionId>
      <FederalOriginalSubmissionIdDt>2017-03-21</FederalOriginalSubmissionIdDt>
      <FilingLicenseTypeCd>P</FilingLicenseTypeCd>
      <AtSubmissionCreationDeviceId>D40E372A87176ED21B7F13BCF2E7243EBCB631AB</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>D40E372A87176ED21B7F13BCF2E7243EBCB631AB</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2016</TaxYr>
    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="7">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>0</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>1964</ContriRcvdRevAndExpnssAmt>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>94</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>94</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>94</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>420</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>420</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>420</DividendsAdjNetIncmAmt>
        <GrossRentsRevAndExpnssAmt>56131</GrossRentsRevAndExpnssAmt>
        <GrossRentsNetInvstIncmAmt>56131</GrossRentsNetInvstIncmAmt>
        <GrossRentsAdjNetIncmAmt>56131</GrossRentsAdjNetIncmAmt>
        <NetRentalIncomeOrLossAmt>39477</NetRentalIncomeOrLossAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="STM106">80</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeAdjNetIncmAmt>80</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>58689</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>56645</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>56725</TotalAdjNetIncmAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="STM126">12122</DeprecAndDpltnRevAndExpnssAmt>
        <DeprecAndDpltnNetInvstIncmAmt>12122</DeprecAndDpltnNetInvstIncmAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="STM103">30540</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>27355</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>29119</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>42662</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>39477</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>29119</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>21933</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>21933</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>64595</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>39477</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>51052</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-5906</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>17168</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>56725</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>8067</CashBOYAmt>
        <CashEOYAmt>16772</CashEOYAmt>
        <SavAndTempCashInvstBOYAmt>83723</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>82759</SavAndTempCashInvstEOYAmt>
        <AcctRcvblAmt>850</AcctRcvblAmt>
        <AcctRcvblBOYAmt>850</AcctRcvblBOYAmt>
        <AcctRcvblEOYAmt>850</AcctRcvblEOYAmt>
        <CorporateStockBOYAmt>2600</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="STM137">2600</CorporateStockEOYAmt>
        <LandBldgEquipCostOrOtherBssAmt>678491</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>151073</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>538941</LandBOYAmt>
        <LandEOYAmt>527418</LandEOYAmt>
        <TotalAssetsBOYAmt>634181</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>630399</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>0</TotalAssetsEOYFMVAmt>
        <OtherLiabilitiesBOYAmt>3409</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="STM121">5433</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>3409</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>5433</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
        <UnrestrictedBOYAmt>630772</UnrestrictedBOYAmt>
        <UnrestrictedEOYAmt>624966</UnrestrictedEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>630772</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>624966</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>634181</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>630399</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>630772</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-5906</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt referenceDocumentId="STM115">100</OtherIncreasesAmt>
        <SubtotalAmt>624966</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>624966</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>38759</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>630772</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.061447</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>62599</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>641646</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.09756</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>27939</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>694989</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.040201</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>8071</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>676532</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.01193</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>30430</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>688637</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.044189</DistributionYr5Rt>
        <TotalDistributionRt>0.255326</TotalDistributionRt>
        <AverageDistributionRt>0.051065</AverageDistributionRt>
        <AdjNetVlNoncharitableAssetsAmt>0</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>172</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>172</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>51052</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>172</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>172</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>172</TaxBasedOnInvestmentIncomeAmt>
        <TaxDueAmt>172</TaxDueAmt>
      </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>CA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <IndividualWithBooksNm>JUDY BAGLEY DIRECTOR</IndividualWithBooksNm>
        <PhoneNum>5302711188</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>P O BOX 3046</AddressLine1Txt>
          <CityNm>GRASS VALLEY</CityNm>
          <StateAbbreviationCd>CA</StateAbbreviationCd>
          <ZIPCd>959453046</ZIPCd>
        </LocationOfBooksUSAddress>
      </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>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JUDY BAGLEY DIRECTOR</PersonNm>
          <USAddress>
            <AddressLine1Txt>P O BOX 3046</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>959453046</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>LENDA WELZ DIRECTOR</PersonNm>
          <USAddress>
            <AddressLine1Txt>P O BOX 3046</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>959453046</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>HOSEA BOSTIC DIRECTOR</PersonNm>
          <USAddress>
            <AddressLine1Txt>P O BOX 3046</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>959453046</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JUDY MICKEL DIRECTOR</PersonNm>
          <USAddress>
            <AddressLine1Txt>P O BOX 3046</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>959453046</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>STEPHEN BAKER DIRECTOR</PersonNm>
          <USAddress>
            <AddressLine1Txt>P O BOX 3046</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>959453046</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PATRICIA PEDERSEN DIRECTOR</PersonNm>
          <USAddress>
            <AddressLine1Txt>P O BOX 3046</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>959453046</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>PROVIDE LOW COST OFFICE SPACE TO NON PROFIT ORGANIZATIONS SERVING CHILDREN TWO CURRENT 501C3 GROUPS RECEIVED BENEFITS IN 2015</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
        <Description2Txt>OBTAIN RENT FROM FOR PROFIT TENANTS TO GENERATE INCOME TO DISTRIBUTE TO CHILDRENS CHARITIES</Description2Txt>
        <Expenses2Amt>0</Expenses2Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>NOT APPLICABLE</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>0</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>0</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>0</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>0</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>0</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>0</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>0</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>51052</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>51052</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>172</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>50880</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <ExcessDistributionCyovYr5Amt>30829</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>8071</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>28378</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>62707</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>38759</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>168744</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>51052</QualifyingDistributionsAmt>
        <RemainingDistriFromCorpusAmt>51052</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>219796</TotalCorpusAmt>
        <ExcessDistriCyovFromYr5Amt>30829</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>188967</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>8071</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>28378</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>62707</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>38759</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>51052</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>WELZ FAMILY CHILDRENS FOUNDATION</ContributingManagerNm>
        <ContributingManagerNm>LENDA WELZ</ContributingManagerNm>
        <ContributingManagerNm>10735 FERN LN NEVADA CITY CA 95959</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NEVADA COUNTY FAIR</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>11228 MCCOURTNEY RD</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95945</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>CHILDRENS SERVICE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FUNDS TO LOCAL COUNTY FAIR</GrantOrContributionPurposeTxt>
          <Amt>2164</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>DVSAC</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>960 MCCOURTNEY RD</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95945</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>FUNDS FOR VICTIMS</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FUNDS FOR VICTIMS OF DOMESTIC VIOLENCE</GrantOrContributionPurposeTxt>
          <Amt>294</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KEEPING KIDS SAFE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>P O BOX 1803</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95945</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>CHILDREN SERVICES</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SERVICES FOR CHILDREN</GrantOrContributionPurposeTxt>
          <Amt>200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>KARE</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>P O BOX 2080</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95945</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>FUNDS FOR VICTIMS</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FUNDS FOR VICTIMS OF CHILD ABUSE</GrantOrContributionPurposeTxt>
          <Amt>750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NEVADA UNION GRAD NIGHT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>P O BOX 1997</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95945</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>CHILDRENS SERVICES</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FUNDS FOR SAFE GRADUATION CELEBRATION</GrantOrContributionPurposeTxt>
          <Amt>300</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>FIRST 5 NEVADA COUNTY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>400 HOOVER LN</AddressLine1Txt>
            <CityNm>NEVADA CITY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95959</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>CHILDRENS SERVICES</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SUPPORT COMMUNITY HEALTH</GrantOrContributionPurposeTxt>
          <Amt>250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NEO</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>139 JOERSCHKE DR</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95945</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>CHILDRENS SERVICES</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SERVICES FOR CHILDREN</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>BIG BROTHER BIG SISTERS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>P O BOX 1362</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95945</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>CHILDRENS SERVICES</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SERVICES FOR CHILDREN</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CHILD ADVOCATES OF NEVADA COUNTY</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>P O BOX 1553</AddressLine1Txt>
            <CityNm>NEVADA CITY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95959</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>CHILDRENS SERVICES</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FUNDS FOR CHILD ADVOCATES</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>CHICAGO PARK 4H</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>P O BOX 554</AddressLine1Txt>
            <CityNm>CHICAGO PARK</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95712</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>EDUCATIONAL SUPPORT</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SUPPORT FOR CHILDRENS AGRICULTURE</GrantOrContributionPurposeTxt>
          <Amt>225</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NEVADA CO CHILDRENS BEHAVIOR HEALTH</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>988 MCCOURTNEY RD</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95949</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>CHILDRENS HEALTH</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>FUNDS TO SUPPORT CHILDRENS BEHAVIORAL HEALTH</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SIERRA HARVEST</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>313 RAILROAD AVE</AddressLine1Txt>
            <CityNm>NEVADA CITY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95959</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>CHILDRENS SERVICES</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SUPPORT FOR COMMUNITY FOOD PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>NEVADA CO SUPERINTENDENT OF SCHOOLS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>112 NEVADA CITY HWY</AddressLine1Txt>
            <CityNm>NEVADA CITY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95959</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>CHILDRENS SCHOOLS</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SUPPPORT OF CHILDRENS SCHOOL PROGRAMS</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>COMMUNITY RECOVERY RESOURCES</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>180 SIERRA COLLEGE DR</AddressLine1Txt>
            <CityNm>GRASS VALLEY</CityNm>
            <StateAbbreviationCd>CA</StateAbbreviationCd>
            <ZIPCd>95945</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>CHILDRENS HEALTH</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SUPPORT FOR CHILDRENS HEALTH PROGRAMS</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>21933</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>94</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>420</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReNotDebtFincdProp>
          <ExclusionCd>16</ExclusionCd>
          <RelatedOrExemptFunctionIncmAmt>39477</RelatedOrExemptFunctionIncmAmt>
        </NetRntlIncmReNotDebtFincdProp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>514</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>39477</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>39991</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>05B</LineNumberTxt>
          <RelationshipStatementTxt>FOUNDATION PROVIDES LOW COST RENTAL SPACE FOR 501CS ORG</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <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="STM126">
      <DepreciationPropertyGrp>
        <PropertyDesc>RENTAL BUILDING</PropertyDesc>
        <AcquiredDt>2004-08-05</AcquiredDt>
        <CostOrOtherBasisAmt>484891</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>138951</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>40</LifeRt>
        <CurrentYearExpenseAmt>12122</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>12122</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>RENTAL LAND</PropertyDesc>
        <AcquiredDt>2004-08-05</AcquiredDt>
        <CostOrOtherBasisAmt>193600</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>NDA</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsCorpStockSchedule documentId="STM137">
      <InvestmentsCorporateStockGrp>
        <StockNm>KLA TENCOR BANK STOCK</StockNm>
        <EOYBookValueAmt>2600</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="STM103">
      <OtherExpensesScheduleGrp>
        <Desc>MISC</Desc>
        <RevenueAndExpensesPerBooksAmt>680</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>680</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE</Desc>
        <RevenueAndExpensesPerBooksAmt>384</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>384</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>RENTAL EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>28776</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>27355</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>27355</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TAX PREPARATION</Desc>
        <RevenueAndExpensesPerBooksAmt>700</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>700</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="STM106">
      <OtherIncomeDetail>
        <Desc>MISC</Desc>
        <RevenueAndExpensesPerBooksAmt>80</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>80</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="STM115">
      <OtherIncreasesDetail>
        <Desc>PRIOR YEAR DEPREC</Desc>
        <Amt>100</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="STM121">
      <OtherLiabilitiesDetail>
        <Desc>TENNANT DEPOSIT</Desc>
        <BOYBookValueAmt>3409</BOYBookValueAmt>
        <EOYBookValueAmt>5433</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
  </ReturnData>
</Return>