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        <StateAbbreviationCd>AL</StateAbbreviationCd>
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        <BusinessNameLine1Txt>THE ALYS FOUNDATIONINC</BusinessNameLine1Txt>
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      <USAddress>
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      <PhoneNum>8502135500</PhoneNum>
      <SignatureDt>2017-11-07</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
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    <PreparerPersonGrp>
      <PreparerPersonNm>SUSAN R WALLER</PreparerPersonNm>
      <PTIN>P01048625</PTIN>
      <PhoneNum>2059709080</PhoneNum>
      <PreparationDt>2017-11-07</PreparationDt>
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    <BuildTS>2021-01-29 14:40:06Z</BuildTS>
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      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
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        <InterestOnSavRevAndExpnssAmt>574</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>574</InterestOnSavNetInvstIncmAmt>
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        <TotalRevAndExpnssAmt>866740</TotalRevAndExpnssAmt>
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        <TotalAdjNetIncmAmt>307473</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
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        <OccupancyRevAndExpnssAmt>35188</OccupancyRevAndExpnssAmt>
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        <ContriPaidRevAndExpnssAmt>203000</ContriPaidRevAndExpnssAmt>
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        <CashEOYFMVAmt>17579</CashEOYFMVAmt>
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        <TotalAssetsEOYFMVAmt>921135</TotalAssetsEOYFMVAmt>
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        <AccountsPayableEOYAmt>125215</AccountsPayableEOYAmt>
        <DeferredRevenueBOYAmt>2500</DeferredRevenueBOYAmt>
        <DeferredRevenueEOYAmt>5000</DeferredRevenueEOYAmt>
        <TotalLiabilitiesBOYAmt>3719</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>130215</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
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        <TotalLiabilitiesNetAstBOYAmt>622669</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>921135</TotalLiabilitiesNetAstEOYAmt>
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      <ChgInNetAssetsFundBalancesGrp>
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        <ExcessRevenueOverExpensesAmt>171970</ExcessRevenueOverExpensesAmt>
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      <QlfyUndSect4940eReducedTaxGrp>
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        <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>FL</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
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        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>JAY PAGE</IndividualWithBooksNm>
        <PhoneNum>8502135507</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>9581 COUNTY HIGHWAY 30A E - D</AddressLine1Txt>
          <CityNm>ALYS BEACH</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>32461</ZIPCd>
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        <FurnGoodsDisqualifiedPrsnInd>1</FurnGoodsDisqualifiedPrsnInd>
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        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
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            <CityNm>BIRMINGHAM</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>352426818</ZIPCd>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DELL S BROOKE</PersonNm>
          <USAddress>
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            <CityNm>BIRMINGHAM</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>352426818</ZIPCd>
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          <TitleTxt>VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JDAVID WALKER</PersonNm>
          <USAddress>
            <AddressLine1Txt>5724 HIGHWAY 280 EAST</AddressLine1Txt>
            <CityNm>BIRMINGHAM</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>352426818</ZIPCd>
          </USAddress>
          <TitleTxt>VICE-PRESIDENT/TREASURER</TitleTxt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JASON COMER</PersonNm>
          <USAddress>
            <AddressLine1Txt>5724 HIGHWAY 280 EAST</AddressLine1Txt>
            <CityNm>BIRMINGHAM</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>352426818</ZIPCd>
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          <TitleTxt>PRESIDENT &amp; SECRY</TitleTxt>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SANDRA BULLOCK</PersonNm>
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            <CityNm>BIRMINGHAM</CityNm>
            <StateAbbreviationCd>AL</StateAbbreviationCd>
            <ZIPCd>352426818</ZIPCd>
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          <TitleTxt>ASST SECRY</TitleTxt>
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        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
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        <Description1Txt>CONCERTS AND OTHER COMMUNITY EVENTS WERE HELD TO ENRICH THE COMMUNITY THROUGH THE SUPPORT AND PROMOTION OF CULTURAL, CHARITABLE, SPIRITUAL,LITERARY AND EDUCATIONAL ACTIVITIES.EVENTS INCLUDE THE SINFONIA GOES POP AT ALYS BEACH, DIGITAL GRAFFITI AT ALYS BEACH,THE ALYS BEACH 5K AND 1 MILE FUN RUN,30A WINE FESTIVAL,30A SONGWRITER FESTIVAL.</Description1Txt>
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        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
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        <TotalTaxAmt>6</TotalTaxAmt>
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        <QualifyingDistributionsAmt>584827</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>6</PctSect4940eOrgNetInvstIncmAmt>
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        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
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        <ExcessDistributionCyovYr4Amt>70090</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>88596</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>418729</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>470907</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>1163801</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>584827</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>29597</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>555230</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>1719031</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>115479</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>1603552</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>70090</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>88596</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>418729</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>470907</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>555230</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>30A 10K INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 613651</AddressLine1Txt>
            <CityNm>WATERSOUND</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32461</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF THE ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ALAQUE ANIMAL REFUGE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>914 WHITFIELD RD</AddressLine1Txt>
            <CityNm>FREEPORT</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32439</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ANIMAL RESCUE</GrantOrContributionPurposeTxt>
          <Amt>30000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ARC OF WALTON COUNTY INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 813</AddressLine1Txt>
            <CityNm>DEFUNIAK SPRINGS</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>324350813</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF THE ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BAY EDUCATION FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1311 BALBOA AVE</AddressLine1Txt>
            <CityNm>PANAMA CITY BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>324012080</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF THE ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHILDREN'S VOLUNTEER HEALTH NETWORK INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 12142</AddressLine1Txt>
            <CityNm>SANTA ROSA BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32459</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF THE ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>50000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GULF COAST COUNCIL BOY SCOUTS OF AMERICA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>9440 UNIVERSITY PARKWAY</AddressLine1Txt>
            <CityNm>PENSACOLA</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32514</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF BOYSCOUTS</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>JDRF INTERNATIONAL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>26 BROADWAY 14TH FLR</AddressLine1Txt>
            <CityNm>NEW YORK</CityNm>
            <StateAbbreviationCd>NY</StateAbbreviationCd>
            <ZIPCd>100041703</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF THE ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>LIGHTHOUSE FAMILY RETREAT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>45 TECHNOLOGY PRKWY S 225</AddressLine1Txt>
            <CityNm>NORCROSS</CityNm>
            <StateAbbreviationCd>GA</StateAbbreviationCd>
            <ZIPCd>30092</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF THE ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>PRESCHOOL AT POINT WASHINGTON INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1290 N COUNTY HIGHWAY 395</AddressLine1Txt>
            <CityNm>SANTA ROSA BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>324595908</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF THE ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>3500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ROSEMARY BEACH FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 611306</AddressLine1Txt>
            <CityNm>ROSEMARY BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32461</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF THE ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>4500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SANDCASTLE KIDS INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>431 CARSON OAKS LN</AddressLine1Txt>
            <CityNm>SANTA ROSA BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>324597159</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF THE ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SCENIC CORRIDOR FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>7800 US HIGHWAY 98</AddressLine1Txt>
            <CityNm>MIRIMAR</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32550</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>5SUPPORTS 30A SCENIC CORRIDOR HIGHWAY</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEASIDE REPERTORY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>30 SMOLIAN CIRCLE</AddressLine1Txt>
            <CityNm>SANTA ROSA BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32459</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT ARTS ORGANIZATION IN WALTON COUNTY</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SOUTH WALTON YOUTH FOOTBALL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>325 MOLL DRIVE</AddressLine1Txt>
            <CityNm>SANTA ROSA BEACH</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32459</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF THE ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE MATTIE KELLY ARTS FOUNDATION INC</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4323 COMMONS DR W</AddressLine1Txt>
            <CityNm>DESTIN</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>325418414</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF THE ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE SEASIDE SCHOOL FOUNDATION INC</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 4825</AddressLine1Txt>
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            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32459</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>SUPPORT OF THE ORGANIZATION</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>WALTON EDUCATION FOUNDATION INC</BusinessNameLine1Txt>
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          <RecipientUSAddress>
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            <CityNm>DEFUNIAK SPRINGS</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32435</ZIPCd>
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          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GOLD SPONSORSHIP</GrantOrContributionPurposeTxt>
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        <TotalGrantOrContriPdDurYrAmt>203000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
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      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>574</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <OtherRevenueDescribedGrp>
          <Desc>COMMUNITY EVENT INCOME</Desc>
          <RelatedOrExemptFunctionIncmAmt>307473</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>574</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>307473</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>308047</TotalIncomeProducingActyAmt>
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      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>11A</LineNumberTxt>
          <RelationshipStatementTxt>CONCERTS AND OTHER COMMUNITY EVENTS WERE HELD TO ENRICH THE COMMUNITY THROUGH THE SUPPORT AND PROMOTION OF CULTURAL, CHARITABLE, SPIRITUAL, LITERARY AND EDUCATIONAL ACTIVITIES.EVENTS INCLUDE THE SINFONIA GOES POP AT ALYS BEACH, DIGITAL GRAFFITI AT ALYS BEACH,THE ALYS BEACH 5K AND 1 MILE FUN RUN, AND THE 30A WINE FESTIVAL.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <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>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>THOMAS E AND JANET L SCHULTHEIS</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>AVAILABLE UPON REQUEST</AddressLine1Txt>
          <CityNm>ALYS BEACH</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>32413</ZIPCd>
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        <TotalContributionsAmt>10000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>MICHAEL S AND JOHNNIE H BOND</BusinessNameLine1Txt>
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          <AddressLine1Txt>AVAILABLE UPON REQUEST</AddressLine1Txt>
          <CityNm>ALYS BEACH</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>32413</ZIPCd>
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        <TotalContributionsAmt>11900</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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      <ContributorInformationGrp>
        <ContributorNum>3</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>SHANNON B AND FALCON H TERRY</BusinessNameLine1Txt>
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          <AddressLine1Txt>AVAILABLE UPON REQUEST</AddressLine1Txt>
          <CityNm>ALYS BEACH</CityNm>
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          <ZIPCd>32413</ZIPCd>
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      <ContributorInformationGrp>
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        <ContributorBusinessName>
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          <CityNm>ALYS BEACH</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
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        <TotalContributionsAmt>14000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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      <ContributorInformationGrp>
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        <ContributorBusinessName>
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        <ContributorUSAddress>
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          <CityNm>ALYS BEACH</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
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        <TotalContributionsAmt>12000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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      <ContributorInformationGrp>
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        <ContributorBusinessName>
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          <AddressLine1Txt>AVAILABLE UPON REQUEST</AddressLine1Txt>
          <CityNm>ALYS BEACH</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
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        <PersonContributionInd>X</PersonContributionInd>
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      <ContributorInformationGrp>
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          <BusinessNameLine1Txt>DAVID R SMITH</BusinessNameLine1Txt>
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          <AddressLine1Txt>AVAILABLE UPON REQUEST</AddressLine1Txt>
          <CityNm>ALYS BEACH</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>32413</ZIPCd>
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        <TotalContributionsAmt>11857</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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      <ContributorInformationGrp>
        <ContributorNum>8</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>JOE B NATCHER</BusinessNameLine1Txt>
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          <AddressLine1Txt>AVAILABLE UPON REQUEST</AddressLine1Txt>
          <CityNm>ALYS BEACH</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>32413</ZIPCd>
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        <TotalContributionsAmt>5350</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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      <ContributorInformationGrp>
        <ContributorNum>9</ContributorNum>
        <ContributorBusinessName>
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          <AddressLine1Txt>AVAILABLE UPON REQUEST</AddressLine1Txt>
          <CityNm>ALYS BEACH</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
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        <TotalContributionsAmt>12472</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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      <ContributorInformationGrp>
        <ContributorNum>10</ContributorNum>
        <ContributorBusinessName>
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        <ContributorUSAddress>
          <AddressLine1Txt>AVAILABLE UPON REQUEST</AddressLine1Txt>
          <CityNm>ALYS BEACH</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>32413</ZIPCd>
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        <TotalContributionsAmt>70500</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
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      <ContributorInformationGrp>
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        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>ENTERTAINMENT MEALS</Desc>
        <RevenueAndExpensesPerBooksAmt>158352</RevenueAndExpensesPerBooksAmt>
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        <AdjustedNetIncomeAmt>144462</AdjustedNetIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>DUES AND SUBSCRIPTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>1734</RevenueAndExpensesPerBooksAmt>
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      <OtherExpensesScheduleGrp>
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        <AdjustedNetIncomeAmt>12333</AdjustedNetIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>LODGING</Desc>
        <RevenueAndExpensesPerBooksAmt>6304</RevenueAndExpensesPerBooksAmt>
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        <AdjustedNetIncomeAmt>6304</AdjustedNetIncomeAmt>
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        <AdjustedNetIncomeAmt>7739</AdjustedNetIncomeAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>ADVERTISING/PROMOTIONAL</Desc>
        <RevenueAndExpensesPerBooksAmt>74286</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>74286</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>BAD DEBTS</Desc>
        <RevenueAndExpensesPerBooksAmt>2000</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>EVENT EXPENSES IN EXCESS TREATED AS QUALIFYING DISTRIBUTION</Desc>
        <RevenueAndExpensesPerBooksAmt>0</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-159872</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>159872</DisbursementsCharitablePrpsAmt>
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    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>COMMUNITY EVENT INCOME</Desc>
        <RevenueAndExpensesPerBooksAmt>307473</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>307473</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>DIGITAL GRAFFITI - CURATOR FEES</CategoryTxt>
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        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>8597</AdjustedNetIncomeAmt>
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      <OtherProfessionalFeesDetail>
        <CategoryTxt>BEACH POPS ORCHESTRA FEES</CategoryTxt>
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        <AdjustedNetIncomeAmt>10000</AdjustedNetIncomeAmt>
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      <OtherProfessionalFeesDetail>
        <CategoryTxt>OTHER PROFESSIONAL FEES</CategoryTxt>
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        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>28575</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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    <SubstantialContributorsSch documentId="RetDoc2089200001">
      <SubstantialContributorDetail>
        <PersonNm>ASHLEY J AND JONATHAN PAPELBON</PersonNm>
        <USAddress>
          <AddressLine1Txt>AVAILABLE UPON REQUEST</AddressLine1Txt>
          <CityNm>ALYS BEACH</CityNm>
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</Return>