﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2024v5.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-11-10T12:25:22-06:00</ReturnTs>
    <TaxPeriodEndDt>2024-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>872525370</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>CITRIN COOPERMAN ADVISORS LLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>180 PARK AVENUE SUITE 200</AddressLine1Txt>
        <CityNm>FLORHAM PARK</CityNm>
        <StateAbbreviationCd>NJ</StateAbbreviationCd>
        <ZIPCd>07932</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2024-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>452747584</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>FOUNDATION FOR TRUTH</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>FOUN</BusinessNameControlTxt>
      <PhoneNum>3259428984</PhoneNum>
      <USAddress>
        <AddressLine1Txt>3140 EXECUTIVE DRIVE</AddressLine1Txt>
        <CityNm>SAN ANGELO</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>76904</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>DENNIS REED</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>3259428984</PhoneNum>
      <SignatureDt>2025-11-06</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>1</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>AMANDA ADAMS</PreparerPersonNm>
      <PTIN>P00748038</PTIN>
      <PhoneNum>9732180500</PhoneNum>
      <PreparationDt>2025-11-06</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2024</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="12">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>44539349</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>150000</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>92099</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>92099</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>637502</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>637502</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>1830389</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>10752894</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>1830389</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc2001500001">1376438</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>1376438</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>4086428</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>3936428</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>10200</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsNetInvstIncmAmt>0</OthEmplSlrsWgsNetInvstIncmAmt>
        <OthEmplSlrsWgsDsbrsChrtblAmt>10200</OthEmplSlrsWgsDsbrsChrtblAmt>
        <PensionEmplBnftRevAndExpnssAmt>17369</PensionEmplBnftRevAndExpnssAmt>
        <PensionEmplBnftNetInvstIncmAmt>0</PensionEmplBnftNetInvstIncmAmt>
        <PensionEmplBnftDsbrsChrtblAmt>17369</PensionEmplBnftDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">47130</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>7200</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>39930</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002300001">143206</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>143206</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>0</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">104008</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>44008</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>0</TaxesDsbrsChrtblAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="RetDoc2203000001">43051</DeprecAndDpltnRevAndExpnssAmt>
        <DeprecAndDpltnNetInvstIncmAmt>43051</DeprecAndDpltnNetInvstIncmAmt>
        <TravConfMeetingRevAndExpnssAmt>9189</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingNetInvstIncmAmt>3367</TravConfMeetingNetInvstIncmAmt>
        <TravConfMeetingDsbrsChrtblAmt>5822</TravConfMeetingDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">172629</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>136616</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>36013</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>546782</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>377448</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>109334</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>1708900</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>1708900</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>2255682</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>377448</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>1818234</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>1830746</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>3558980</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>318497</CashBOYAmt>
        <CashEOYAmt>1106397</CashEOYAmt>
        <CashEOYFMVAmt>1106397</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>454293</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>348345</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>348345</SavAndTempCashInvstEOYFMVAmt>
        <InvstLandCostOrOtherBasisAmt>5512090</InvstLandCostOrOtherBasisAmt>
        <InvstLandAccumDepreciationAmt>484640</InvstLandAccumDepreciationAmt>
        <LandBldgInvestmentsBOYAmt>4958690</LandBldgInvestmentsBOYAmt>
        <LandBldgInvestmentsEOYAmt referenceDocumentId="RetDoc2059100001">5027450</LandBldgInvestmentsEOYAmt>
        <LandBldgInvestmentsEOYFMVAmt>4712976</LandBldgInvestmentsEOYFMVAmt>
        <MortgageLoansBOYAmt>900000</MortgageLoansBOYAmt>
        <MortgageLoansEOYAmt>0</MortgageLoansEOYAmt>
        <MortgageLoansEOYFMVAmt>0</MortgageLoansEOYFMVAmt>
        <OtherInvestmentsBOYAmt>32532813</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc2018100001">33011836</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>34959533</OtherInvestmentsEOYFMVAmt>
        <LandBldgEquipCostOrOtherBssAmt>1007</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>1007</LandBldgEquipAccumDeprecAmt>
        <OtherAssetsBOYAmt referenceDocumentId="RetDoc2046600001">19490727</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="RetDoc2046600001">20991738</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="RetDoc2046600001">3412098</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>58655020</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>60485766</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>44539349</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <CapitalStockBOYAmt>0</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>0</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>0</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>0</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>58655020</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>60485766</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>58655020</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>60485766</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>58655020</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>60485766</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>58655020</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>1830746</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>60485766</SubtotalAmt>
        <OtherDecreasesAmt>0</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>60485766</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>PUBLICLY TRADED SECURITIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>9734343</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8795375</CostOrOtherBasisAmt>
          <GainOrLossAmt>938968</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>938968</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DISTRIBUTIONS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>1013051</GrossSalesPriceAmt>
          <GainOrLossAmt>1013051</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1013051</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SCHEDULE K-1 CAPITAL GAIN/LOSS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <CostOrOtherBasisAmt>127130</CostOrOtherBasisAmt>
          <GainOrLossAmt>-127130</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-127130</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>GOOSENECK TRAILER</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2017-01-07</AcquiredDt>
          <SoldDt>2024-12-31</SoldDt>
          <GrossSalesPriceAmt>5500</GrossSalesPriceAmt>
          <DepreciationAmt>8223</DepreciationAmt>
          <CostOrOtherBasisAmt>8223</CostOrOtherBasisAmt>
          <GainOrLossAmt>5500</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5500</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>1830389</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>49470</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>49470</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>49470</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>75199</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>0</ExtsnRequestIncomeTaxPaidAmt>
        <BackupWithholdingWithheldAmt>0</BackupWithholdingWithheldAmt>
        <TotalPaymentsAndCreditsAmt>75199</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>0</EsPenaltyAmt>
        <OverpaymentAmt>25729</OverpaymentAmt>
        <AppliedToESTaxAmt>25729</AppliedToESTaxAmt>
        <RefundAmt>0</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>TX</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd referenceDocumentId="RetDoc2330900001">1</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>DENNIS REED</IndividualWithBooksNm>
        <PhoneNum>3259428984</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>3140 EXECUTIVE DRIVE</AddressLine1Txt>
          <CityNm>SAN ANGELO</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>76904</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>1</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>0</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DENNIS REED</PersonNm>
          <USAddress>
            <AddressLine1Txt>3140 EXECUTIVE DRIVE</AddressLine1Txt>
            <CityNm>SAN ANGELO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76904</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>25.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DON MCKEE</PersonNm>
          <USAddress>
            <AddressLine1Txt>3140 EXECUTIVE DRIVE</AddressLine1Txt>
            <CityNm>SAN ANGELO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76904</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY/TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MICHAEL LIGHT</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 158</AddressLine1Txt>
            <CityNm>BANGS</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76823</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>MOREY MAST</PersonNm>
          <USAddress>
            <AddressLine1Txt>8775 CR 136</AddressLine1Txt>
            <CityNm>BANGS</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76823</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PADEN REED</PersonNm>
          <USAddress>
            <AddressLine1Txt>4309 SHEFFLERA DRIVE</AddressLine1Txt>
            <CityNm>SAN ANGELO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76904</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>LPL FINANCIAL</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1055 LPL WAY</AddressLine1Txt>
            <CityNm>FORT MILL</CityNm>
            <StateAbbreviationCd>SC</StateAbbreviationCd>
            <ZIPCd>29715</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT ADVISORY</ServiceTypeTxt>
          <CompensationAmt>143206</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>THE FOUNDATION'S EVANGELISM PROGRAM INCLUDES THE PURCHASE AND BROADCAST OF EVANGELISTIC LITERATURE AND MATERIALS TO CONGREGATIONS OF THE CHURCH OF THE CHRIST AND VARIOUS INDIVIDUALS WITHIN THE UNITED STATES AS WELL AS ABROAD; ALL OF WHICH PROMOTE THE GOSPEL OF CHRIST. RYAN SMITHEY, AN EMPLOYEE OF THE FOUNDATION, ALSO CONDUCTS DIRECT EVANGELISTIC ACTIVITIES IN THE COMMUNITY.</Description1Txt>
        <Expenses1Amt>61800</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>23176500</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>1087960</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>20770257</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>45034717</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>45034717</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>675521</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>44359196</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>2217960</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>2217960</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>49470</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>49470</TotalTaxAmt>
        <DistributableBeforeAdjAmt>2168490</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>2168490</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>2168490</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>1818234</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>1818234</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>2168490</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>1797412</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>1818234</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>1797412</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt referenceDocumentId="RetDoc12000100081">0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>20822</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>2147668</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>APOLOGETICS PRESS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>230 LANDMARK DRIVE</AddressLine1Txt>
            <CityNm>MONTGOMERY</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>361172752</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE FOR TRAVEL EXPENSES RELATING TO UPCOMING EVANGELISTIC SPEAKING ENGAGEMENT WITH ITS CREATION RESEARCH PROJECT</GrantOrContributionPurposeTxt>
          <Amt>12000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>APOLOGETICS PRESS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>230 LANDMARK DRIVE</AddressLine1Txt>
            <CityNm>MONTGOMERY</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>361172752</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE TO HELP WITH THE CAMPAIGN ADVERTISING TO PROMOTE EVANGELISM</GrantOrContributionPurposeTxt>
          <Amt>12000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>APOLOGETICS PRESS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>230 LANDMARK DRIVE</AddressLine1Txt>
            <CityNm>MONTGOMERY</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>361172752</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE WITH THEIR AP ENDOWMENT FUND</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BRYAN COLLEGE STATION CHURCH OF CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 2805</AddressLine1Txt>
            <CityNm>BRYAN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77808</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE WITH THEIR TEXAS SCHOOL OF PREACHING ENDOWMENT FUND</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BRYAN COLLEGE STATION CHURCH OF CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 2805</AddressLine1Txt>
            <CityNm>BRYAN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77808</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE WITH FUTURE EXPANSION TO A NEW BUILDING AND LOCATION</GrantOrContributionPurposeTxt>
          <Amt>250000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BRYAN COLLEGE STATION CHURCH OF CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 2805</AddressLine1Txt>
            <CityNm>BRYAN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77808</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE WITH THE BARRY HATCHER INDONESIA MISSION WORK</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CROSSVILLE CHURCH OF CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 211</AddressLine1Txt>
            <CityNm>CROSSVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38557</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE FOR CAPITAL AND OPERATING EXPENSES FOR THE CHERITH HOSTEL</GrantOrContributionPurposeTxt>
          <Amt>36000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CROSSVILLE CHURCH OF CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 211</AddressLine1Txt>
            <CityNm>CROSSVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38557</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE WITH THE CAPITAL EXPENSES FOR THE MORNING STAR HOSTEL CHILDREN'S HOME IN INDIA</GrantOrContributionPurposeTxt>
          <Amt>88700</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CROSSVILLE CHURCH OF CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 211</AddressLine1Txt>
            <CityNm>CROSSVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38557</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE WITH EVANGELISM TO PREACH AND TEACH THE GOSPEL IN INDIA</GrantOrContributionPurposeTxt>
          <Amt>125000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CROSSVILLE CHURCH OF CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 211</AddressLine1Txt>
            <CityNm>CROSSVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>38557</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE FOR OPERATING EXPENSES FOR DNI CHILDREN'S HOME IN INDIA</GrantOrContributionPurposeTxt>
          <Amt>46000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>EAST RIDGE CHURCH OF CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 2002</AddressLine1Txt>
            <CityNm>DALTON</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30722</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE TO SUPPORT EVANGELISTIC MISSION WORK</GrantOrContributionPurposeTxt>
          <Amt>60000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GOSPEL BROADCASTING NETWORK</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8900 GERMANTOWN ROAD</AddressLine1Txt>
            <CityNm>OLIVE BRANCH</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38654</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE TO PROMOTE EVANGELISM THROUGH SOCIAL MEDIA PLATFORMS</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GOSPEL BROADCASTING NETWORK</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>901 N MAIN STREET</AddressLine1Txt>
            <CityNm>SAN ANGELO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76903</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE WITH THEIR ENDOWMENT FUND</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HILLCREST COC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 295</AddressLine1Txt>
            <CityNm>COLEMAN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76834</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE TO HELP WITH THE MATERIALS AND LABOR FOR ROOF REPAIRS</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>INDIAN CREEK YOUTH CAMP</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>7855 PLEASANTFIELD RD</AddressLine1Txt>
            <CityNm>OAKMAN</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>35579</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE WITH ITS' GENERAL OPERATING EXPENSES</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEXTECH ACADEMY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>115 TRUSSELL ROAD</AddressLine1Txt>
            <CityNm>PETAL</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>39465</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE TO HELP WITH THE MINISTRY OF SPREADING THE GOSPEL THROUGH THE PRECISION MACHINING TRAINING INSTITUTION</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PIEDMONT ROAD CHURCH OF CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1630 PIEDMONT RD</AddressLine1Txt>
            <CityNm>MARIETTA</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30066</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE WITH PHILIPPINES MISSION WORK</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SAN ANGELO AREA FOUNDATION - FLYNN ENDOWMENT FUND</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>221 S IRVING ST</AddressLine1Txt>
            <CityNm>SAN ANGELO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>76903</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FLYNN ENDOWMENT FUND, A DAF CREATED TO FUND EVANGELISM AND BENEVOLENCE</GrantOrContributionPurposeTxt>
          <Amt>400000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SIERRA VENTANA CHURCH OF CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>SIERRA GANDARA 3912-ACOL SIERRA</AddressLine1Txt>
            <AddressLine2Txt>VENTANA</AddressLine2Txt>
            <CityNm>MONTERREY</CityNm>
            <CountryCd>MX</CountryCd>
            <ForeignPostalCd>64780</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE FOR MONTHLY SUPPORT OF MISSION WORK, RADIO PROGRAM, SCHOOL OF PREACHING, TRAVEL AND FOM</GrantOrContributionPurposeTxt>
          <Amt>97200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SIERRA VENTANA CHURCH OF CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1Txt>SIERRA GANDARA 3912-ACOL SIERRA</AddressLine1Txt>
            <AddressLine2Txt>VENTANA</AddressLine2Txt>
            <CityNm>MONTERREY</CityNm>
            <CountryCd>MX</CountryCd>
            <ForeignPostalCd>64780</ForeignPostalCd>
          </RecipientForeignAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE WITH EXPENSES RELATING TO BENEVOLENCE, EVANGELISM AND MONTERREY SCHOOL OF PREACHING CONFERENCE</GrantOrContributionPurposeTxt>
          <Amt>35000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SOUTHAVEN CHURCH OF CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 128</AddressLine1Txt>
            <CityNm>SOUTHAVEN</CityNm>
            <StateAbbreviationCd>MS</StateAbbreviationCd>
            <ZIPCd>38671</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE WITH PERU MISSION WORK</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SOUTHWEST CHURCH OF CHRIST</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8900 MANCHACA RD</AddressLine1Txt>
            <CityNm>AUSTIN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78656</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE WITH ITS STAFF SUPPORT AND OPERATING EXPENSES FOR 2024</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WORLD VIDEO BIBLE SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>25 LANTANA LANE</AddressLine1Txt>
            <CityNm>MAXWELL</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78656</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE WITH ITS ONLINE BIBLE SCHOOL AND STAFF SUPPORT FOR 2024</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WORLD VIDEO BIBLE SCHOOL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>25 LANTANA LANE</AddressLine1Txt>
            <CityNm>MAXWELL</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78656</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>FINANCIAL ASSISTANCE TO SUPPORT THE PRISON MISSION WORK OF WVBS WITH THE PANDO &amp; EDOVO APP SOCIAL MEDIA PLATFORMS</GrantOrContributionPurposeTxt>
          <Amt>12000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>1708900</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>92099</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>637502</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>1830389</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>ROYALTIES</Desc>
          <ExclusionCd>15</ExclusionCd>
          <ExclusionAmt>910760</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>RANCH-LEASES/CALICHE/WATER</Desc>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>71464</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>SCHEDULE K-1 INCOME/LOSS</Desc>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>399532</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>ANNUITY ORDINARY INCOME/LOSS</Desc>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>-5318</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>3936428</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>3936428</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>DENNIS REED</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>3140 EXECUTIVE DRIVE</AddressLine1Txt>
          <CityNm>SAN ANGELO</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>76904</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>150000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>RETURN PREPARATION AND TAX COMPLIANCE</CategoryTxt>
        <Amt>11130</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>11130</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>BOOKKEEPING AND ASSET MAINTENANCE</CategoryTxt>
        <Amt>36000</Amt>
        <NetInvestmentIncomeAmt>7200</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>28800</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <AppliedToPriorYearElection documentId="RetDoc12000100081">
      <ElectionDesc>PURSUANT TO IRC SEC. 4942(H)(2) AND TREAS. REG. 53.4942 (A)-3(D)(2), THE FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF UNDISTRIBUTED INCOME FOR TAX YEAR 2021 IN THE AMOUNT OF $69,022.</ElectionDesc>
    </AppliedToPriorYearElection>
    <DepreciationSchedule documentId="RetDoc2203000001">
      <DepreciationPropertyGrp>
        <PropertyDesc>2 LAPTOPS</PropertyDesc>
        <AcquiredDt>2012-03-21</AcquiredDt>
        <CostOrOtherBasisAmt>1548</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1548</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>METAL DETECTOR</PropertyDesc>
        <AcquiredDt>2012-03-21</AcquiredDt>
        <CostOrOtherBasisAmt>250</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>250</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>APPLE IPAD</PropertyDesc>
        <AcquiredDt>2012-08-08</AcquiredDt>
        <CostOrOtherBasisAmt>859</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>859</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>APPLE IPAD</PropertyDesc>
        <AcquiredDt>2012-08-11</AcquiredDt>
        <CostOrOtherBasisAmt>619</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>619</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>16 TRAILER</PropertyDesc>
        <AcquiredDt>2012-11-20</AcquiredDt>
        <CostOrOtherBasisAmt>2100</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2100</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>IPAD W/CASE</PropertyDesc>
        <AcquiredDt>2013-02-10</AcquiredDt>
        <CostOrOtherBasisAmt>625</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>625</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>KUBOTA SKID STEER</PropertyDesc>
        <AcquiredDt>2014-11-10</AcquiredDt>
        <CostOrOtherBasisAmt>66001</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>60500</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>5501</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>5501</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>7 FRONT MOWER</PropertyDesc>
        <AcquiredDt>2014-11-10</AcquiredDt>
        <CostOrOtherBasisAmt>3500</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3208</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>292</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>292</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PANASONIC AG-HPX250 CAMER</PropertyDesc>
        <AcquiredDt>2014-03-10</AcquiredDt>
        <CostOrOtherBasisAmt>4725</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4725</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>VIDEO CAMERA ACCYS</PropertyDesc>
        <AcquiredDt>2014-01-25</AcquiredDt>
        <CostOrOtherBasisAmt>2104</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2104</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>RANCH HOUSE FURNITURE</PropertyDesc>
        <AcquiredDt>2014-03-20</AcquiredDt>
        <CostOrOtherBasisAmt>500</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>488</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>12</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>12</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SOLAR WELL EQ - NE WELL</PropertyDesc>
        <AcquiredDt>2014-06-20</AcquiredDt>
        <CostOrOtherBasisAmt>5632</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5349</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>283</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>283</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SOLAR WELL EQ - DUCK PD W</PropertyDesc>
        <AcquiredDt>2014-06-20</AcquiredDt>
        <CostOrOtherBasisAmt>4046</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3847</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>199</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>199</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SOLAR WELL EQ - SWITANK W</PropertyDesc>
        <AcquiredDt>2014-06-20</AcquiredDt>
        <CostOrOtherBasisAmt>4069</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3866</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>203</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>203</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>12.1 MILES OF HIGH FENCE</PropertyDesc>
        <AcquiredDt>2014-11-03</AcquiredDt>
        <CostOrOtherBasisAmt>304371</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>279006</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>25365</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>25365</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WW DRILLING - OILFIELD WE</PropertyDesc>
        <AcquiredDt>2014-11-04</AcquiredDt>
        <CostOrOtherBasisAmt>3900</CostOrOtherBasisAmt>
        <ComputationMethodTxt>L</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>CAMERAS (SEC/SURVEYS)</PropertyDesc>
        <AcquiredDt>2014-09-06</AcquiredDt>
        <CostOrOtherBasisAmt>2976</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2976</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SPRAYER</PropertyDesc>
        <AcquiredDt>2015-08-26</AcquiredDt>
        <CostOrOtherBasisAmt>2570</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2142</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>257</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>257</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>STAND &amp; FEEDERS</PropertyDesc>
        <AcquiredDt>2015-09-22</AcquiredDt>
        <CostOrOtherBasisAmt>3563</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2937</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>356</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>356</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FRONT PASTURE WW</PropertyDesc>
        <AcquiredDt>2015-11-13</AcquiredDt>
        <CostOrOtherBasisAmt>6617</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5406</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>662</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>662</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LIGHTNING FIRE WW</PropertyDesc>
        <AcquiredDt>2015-11-13</AcquiredDt>
        <CostOrOtherBasisAmt>7166</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5855</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>717</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>717</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>CALICHE PIT WW</PropertyDesc>
        <AcquiredDt>2015-11-13</AcquiredDt>
        <CostOrOtherBasisAmt>9782</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>7987</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>978</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>978</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>CENTRAL VALLEY WW</PropertyDesc>
        <AcquiredDt>2015-11-13</AcquiredDt>
        <CostOrOtherBasisAmt>8435</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6893</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>844</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>844</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>NEW SWIM TK WW</PropertyDesc>
        <AcquiredDt>2015-11-13</AcquiredDt>
        <CostOrOtherBasisAmt>2837</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2319</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>284</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>284</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2 600LB FEEDERS</PropertyDesc>
        <AcquiredDt>2015-09-11</AcquiredDt>
        <CostOrOtherBasisAmt>1315</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1100</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>132</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>132</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>TRAILER REPAIRS ITEM #6</PropertyDesc>
        <AcquiredDt>2016-06-29</AcquiredDt>
        <CostOrOtherBasisAmt>644</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>644</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>STANDS AND FEEDERS</PropertyDesc>
        <AcquiredDt>2016-06-18</AcquiredDt>
        <CostOrOtherBasisAmt>11167</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>8377</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>1117</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>1117</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>IPAD PRO</PropertyDesc>
        <AcquiredDt>2017-01-05</AcquiredDt>
        <CostOrOtherBasisAmt>1007</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1007</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER, MONITOR, KEYBRD</PropertyDesc>
        <AcquiredDt>2017-01-27</AcquiredDt>
        <CostOrOtherBasisAmt>1264</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1264</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>BIG TEX GOOSENECK TRAILER</PropertyDesc>
        <AcquiredDt>2017-01-07</AcquiredDt>
        <CostOrOtherBasisAmt>8223</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>8223</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FORKS</PropertyDesc>
        <AcquiredDt>2017-04-06</AcquiredDt>
        <CostOrOtherBasisAmt>950</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>641</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>95</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>95</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>3 LARGE DEER STANDS</PropertyDesc>
        <AcquiredDt>2017-02-08</AcquiredDt>
        <CostOrOtherBasisAmt>6000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4150</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>600</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>600</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>NEW ROOF</PropertyDesc>
        <AcquiredDt>2017-09-25</AcquiredDt>
        <CostOrOtherBasisAmt>10481</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2381</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>381</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>381</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WATER WELL EQ - LOW FENCE</PropertyDesc>
        <AcquiredDt>2017-12-08</AcquiredDt>
        <CostOrOtherBasisAmt>1506</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>919</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>151</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>151</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2 PROTEIN/3 CORN FEEDERS</PropertyDesc>
        <AcquiredDt>2018-09-27</AcquiredDt>
        <CostOrOtherBasisAmt>4059</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2131</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>406</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>406</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>KAWASAKI ATV</PropertyDesc>
        <AcquiredDt>2018-09-18</AcquiredDt>
        <CostOrOtherBasisAmt>12335</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>12335</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>ICR HOUSE ROCK WORK</PropertyDesc>
        <AcquiredDt>2019-03-20</AcquiredDt>
        <CostOrOtherBasisAmt>37751</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6579</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>27.500000000000</LifeRt>
        <CurrentYearExpenseAmt>1373</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>1373</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AIR COMPRESSOR FOR BARN</PropertyDesc>
        <AcquiredDt>2020-10-09</AcquiredDt>
        <CostOrOtherBasisAmt>480</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>312</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>96</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>96</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FEEDERS-3 MOO# PROTEIN FEE</PropertyDesc>
        <AcquiredDt>2020-02-13</AcquiredDt>
        <CostOrOtherBasisAmt>3150</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1234</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>315</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>315</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2 3000LB PROTEIN FEEDERS</PropertyDesc>
        <AcquiredDt>2015-03-19</AcquiredDt>
        <CostOrOtherBasisAmt>4346</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3805</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>435</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>435</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>NEW WATER LINES, TANKS AND</PropertyDesc>
        <AcquiredDt>2022-09-13</AcquiredDt>
        <CostOrOtherBasisAmt>7252</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>967</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>725</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>725</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>6 WAY DOZER BLADE</PropertyDesc>
        <AcquiredDt>2022-09-19</AcquiredDt>
        <CostOrOtherBasisAmt>6902</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>863</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>690</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>690</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WASHER AND DRYER</PropertyDesc>
        <AcquiredDt>2023-11-10</AcquiredDt>
        <CostOrOtherBasisAmt>1320</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>22</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>132</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>132</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>STOVE, MICRO AND FRIDGE</PropertyDesc>
        <AcquiredDt>2023-12-31</AcquiredDt>
        <CostOrOtherBasisAmt>1931</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>193</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>193</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COOL BOT</PropertyDesc>
        <AcquiredDt>2023-12-31</AcquiredDt>
        <CostOrOtherBasisAmt>378</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>38</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>38</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>A/C UNIT FOR BARN</PropertyDesc>
        <AcquiredDt>2023-12-31</AcquiredDt>
        <CostOrOtherBasisAmt>747</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>75</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>75</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WASHER AND DRYER FOR BARN</PropertyDesc>
        <AcquiredDt>2024-08-23</AcquiredDt>
        <CostOrOtherBasisAmt>1435</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>48</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>48</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>TANKS, TROUGHS, PIPE</PropertyDesc>
        <AcquiredDt>2024-10-17</AcquiredDt>
        <CostOrOtherBasisAmt>5744</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>96</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>96</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>BARN/BARNDOMINIUM/COOLER</PropertyDesc>
        <AcquiredDt>2024-12-31</AcquiredDt>
        <CostOrOtherBasisAmt>270624</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsLandSchedule2 documentId="RetDoc2059100001">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>RANCH - LAND</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>4683258</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>4683258</BookValueAmt>
        <EOYFMVAmt>4368784</EOYFMVAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>RANCH - DEPRECIABLE ASSETS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>828832</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>484640</AccumulatedDepreciationAmt>
        <BookValueAmt>344192</BookValueAmt>
        <EOYFMVAmt>344192</EOYFMVAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN BALANCED CL F2</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1080310</BookValueAmt>
        <EOYFMVAmt>1248875</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN HIGH INCOME CL F2</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>439510</BookValueAmt>
        <EOYFMVAmt>463480</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN MULTI SECTOR INCOME CL F2</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>570824</BookValueAmt>
        <EOYFMVAmt>573541</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN MUTUAL CL F2</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>571451</BookValueAmt>
        <EOYFMVAmt>678326</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN STRATEGIC BOND CL F2</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>426240</BookValueAmt>
        <EOYFMVAmt>390696</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CALAMOS GROWTH &amp; INCOME CL I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>746000</BookValueAmt>
        <EOYFMVAmt>781549</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CAPITAL INCOME BUILDER CL F2</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>824128</BookValueAmt>
        <EOYFMVAmt>912583</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CAPITAL WORLD GROWTH &amp; INCOME CL F2</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>915602</BookValueAmt>
        <EOYFMVAmt>1037338</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DODGE &amp; COX BALANCED CL I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>860556</BookValueAmt>
        <EOYFMVAmt>867317</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DODGE &amp; COX GLOBAL STOCK CL I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>648293</BookValueAmt>
        <EOYFMVAmt>622405</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DREYFUS GOVT SECURITIES CASH MANAGEMENT INSTL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1675257</BookValueAmt>
        <EOYFMVAmt>1675247</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FIRST EAGLE GLOBAL CLASS I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>516298</BookValueAmt>
        <EOYFMVAmt>590181</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FUNDAMENTAL INVESTORS CL F2</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>489818</BookValueAmt>
        <EOYFMVAmt>600511</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GIBBONS HOLDCO, LP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>10646533</BookValueAmt>
        <EOYFMVAmt>10894026</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GROWTH FUND OF AMERICA CL F2</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>734746</BookValueAmt>
        <EOYFMVAmt>747200</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>INCOME FUND OF AMERICA</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>656705</BookValueAmt>
        <EOYFMVAmt>693204</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>JPMORGAN EQUITY INCOME CLASS I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>729915</BookValueAmt>
        <EOYFMVAmt>899035</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>JPMORGAN GRWTH ADV FUND CLASS I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>371258</BookValueAmt>
        <EOYFMVAmt>537394</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>JPMORGAN HEDGED EQUITY CLASS I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>218492</BookValueAmt>
        <EOYFMVAmt>295833</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>LINCOLN VARIABLE ANNUITIES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>565834</BookValueAmt>
        <EOYFMVAmt>508906</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>MFS MID CAP VALUE FUND CL I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1102925</BookValueAmt>
        <EOYFMVAmt>1208548</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>NEW PERSPECTIVE CL F2</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1195267</BookValueAmt>
        <EOYFMVAmt>1405845</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PIMCO INCOME CL 12</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1795828</BookValueAmt>
        <EOYFMVAmt>1791989</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>T ROWE PRICE CAP APPREC INVESTOR CL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1140816</BookValueAmt>
        <EOYFMVAmt>1191087</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>T ROWE PRICE ALL CAP OPP INVESTOR CL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>827000</BookValueAmt>
        <EOYFMVAmt>854635</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>T ROWE PRICE GLOBAL STOCK INVESTOR CL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>828400</BookValueAmt>
        <EOYFMVAmt>924726</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>T ROWE PRICE HEALTH SCIENCES INVESTOR CL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>330600</BookValueAmt>
        <EOYFMVAmt>296751</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>WASHINGTON MUTUAL INVESTORS CL F2</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>587219</BookValueAmt>
        <EOYFMVAmt>753372</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>SHORT TERM BOND FUND OF AMERICA CL F2</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>516011</BookValueAmt>
        <EOYFMVAmt>517110</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>JACKSON VARIABLE ANNUITIES</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>1000000</BookValueAmt>
        <EOYFMVAmt>997823</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssetsScheduleGrp>
        <Desc>OIL AND GAS MINERAL INTERESTS</Desc>
        <BOYBookValueAmt>19466688</BOYBookValueAmt>
        <EOYBookValueAmt>19466688</EOYBookValueAmt>
        <EOYFMVAmt>1887048</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>DUE FROM GIBBONS HOLDCO, LP</Desc>
        <BOYBookValueAmt>24039</BOYBookValueAmt>
        <EOYBookValueAmt>24295</EOYBookValueAmt>
        <EOYFMVAmt>24295</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>BCS - CONTRACT FOR DEED</Desc>
        <EOYBookValueAmt>1500755</EOYBookValueAmt>
        <EOYFMVAmt>1500755</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>655</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>655</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>EVANGELISM BOOKS - SEE PART VIII-A</Desc>
        <RevenueAndExpensesPerBooksAmt>9265</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>9265</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>7757</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>7757</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INTERNET/TELEPHONE</Desc>
        <RevenueAndExpensesPerBooksAmt>600</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>600</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE &amp; ADMINISTRATIVE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>1358</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1358</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OTHER PROGRAM EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>24135</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>24135</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>RANCH EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>12615</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>12615</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SCHEDULE K-1 EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>116244</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>116244</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>ROYALTIES</Desc>
        <RevenueAndExpensesPerBooksAmt>910760</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>910760</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>910760</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>RANCH-LEASES/CALICHE/WATER</Desc>
        <RevenueAndExpensesPerBooksAmt>71464</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>71464</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>71464</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>SCHEDULE K-1 INCOME/LOSS</Desc>
        <RevenueAndExpensesPerBooksAmt>399532</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>399532</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>399532</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>ANNUITY ORDINARY INCOME/LOSS</Desc>
        <RevenueAndExpensesPerBooksAmt>-5318</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-5318</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-5318</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT ADVISORY FEES</CategoryTxt>
        <Amt>143206</Amt>
        <NetInvestmentIncomeAmt>143206</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
        <Amt>60000</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAXES</CategoryTxt>
        <Amt>44008</Amt>
        <NetInvestmentIncomeAmt>44008</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>