﻿<?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="2015v2.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2016-11-14T13:27:51-06:00</ReturnTs>
    <TaxPeriodEndDt>2015-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>751496876</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>ARMSTRONG BACKUS &amp; CO LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>PO BOX 3487</AddressLine1Txt>
        <CityNm>MIDLAND</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>79702</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2015-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>200396160</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>THE SPARKS FOUNDATION INC</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>SPAR</BusinessNameControlTxt>
      <PhoneNum>4326835203</PhoneNum>
      <USAddress>
        <AddressLine1Txt>800 N MARIENFELD STE 100</AddressLine1Txt>
        <CityNm>MIDLAND</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>79701</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>C TODD SPARKS</PersonNm>
      <PersonTitleTxt>SECRETARY</PersonTitleTxt>
      <PhoneNum>4326835203</PhoneNum>
      <SignatureDt>2016-11-08</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>ANDREW E ARMSTRONG CPA</PreparerPersonNm>
      <PTIN>P00008159</PTIN>
      <PhoneNum>4326826258</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2015</TaxYr>
    <BuildTS>2017-02-10 21:41:12Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="9">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>2063650</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>171436</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>41338</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>41338</InterestOnSavNetInvstIncmAmt>
        <InterestOnSavingsAdjNetIncmAmt>41338</InterestOnSavingsAdjNetIncmAmt>
        <DividendsRevAndExpnssAmt>5854</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>5854</DividendsNetInvstIncmAmt>
        <DividendsAdjNetIncmAmt>5854</DividendsAdjNetIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>253380</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1198299</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>253380</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc2001500001">-101507</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>-11557</OtherIncomeNetInvstIncmAmt>
        <OtherIncomeAdjNetIncmAmt>-101507</OtherIncomeAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>370501</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>289015</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>-54315</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstAdjNetIncmAmt>0</CompOfcrDirTrstAdjNetIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">4625</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>0</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>0</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>0</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002300001">10286</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>0</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesAdjNetIncmAmt>0</OtherProfFeesAdjNetIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>0</OtherProfFeesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">11001</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>0</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>0</OtherExpensesAdjNetIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>0</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>25912</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>0</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>0</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>130063</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>130063</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>155975</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>0</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>0</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>130063</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>214526</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>289015</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>321425</CashBOYAmt>
        <CashEOYAmt>576811</CashEOYAmt>
        <CashEOYFMVAmt>576811</CashEOYFMVAmt>
        <CorporateStockBOYAmt>960082</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">1076591</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>1076591</CorporateStockEOYFMVAmt>
        <OtherInvestmentsBOYAmt>396537</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc2018100001">410248</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>410248</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>1678044</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>2063650</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>2063650</TotalAssetsEOYFMVAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="RetDoc2065700001">0</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="RetDoc2065700001">171080</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>171080</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>0</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>0</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>0</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>0</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>1678044</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>1892570</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1678044</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1892570</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1678044</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>2063650</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1678044</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>214526</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>1892570</SubtotalAmt>
        <OtherDecreasesAmt>0</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>1892570</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FIDELITY 657 084093</PropertyDesc>
          <AcquiredDt>2015-01-01</AcquiredDt>
          <SoldDt>2015-12-31</SoldDt>
          <GrossSalesPriceAmt>956443</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>936765</CostOrOtherBasisAmt>
          <GainOrLossAmt>19678</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>19678</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FIDELITY 657 084093</PropertyDesc>
          <AcquiredDt>2015-01-01</AcquiredDt>
          <SoldDt>2015-12-31</SoldDt>
          <GrossSalesPriceAmt>6013</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8154</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2141</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2141</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>FIDELITY 657 084093</PropertyDesc>
          <AcquiredDt>2015-01-01</AcquiredDt>
          <SoldDt>2015-12-31</SoldDt>
          <GrossSalesPriceAmt>24</GrossSalesPriceAmt>
          <GainOrLossAmt>24</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>24</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>K-1'S SECTION 1231</PropertyDesc>
          <AcquiredDt>2015-01-01</AcquiredDt>
          <SoldDt>2015-12-31</SoldDt>
          <GrossSalesPriceAmt>235819</GrossSalesPriceAmt>
          <GainOrLossAmt>235819</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>235819</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>253380</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>19678</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>0</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>149245</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>1074260</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.138928</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>89742</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>1837128</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.048849</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>0</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>1003970</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.000000</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>2500</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>1262007</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.001981</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>48700</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>1325123</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.036751</DistributionYr5Rt>
        <TotalDistributionRt>0.226509</TotalDistributionRt>
        <AverageDistributionRt>0.045302</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>49925</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>2262</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>2890</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>5152</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>130063</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>2890</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>2890</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>2890</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>1647</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>1647</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>1243</TaxDueAmt>
      </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>0</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>TX</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>C TODD SPARKS</IndividualWithBooksNm>
        <PhoneNum>4326835203</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>800 N MARIENFELD STE 100</AddressLine1Txt>
          <CityNm>MIDLAND</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>79701</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>0</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <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>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DON L SPARKS</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 N MARIENFELD STE 100</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79701</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>W JEFFREY SPARKS</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 N MARIENFELD STE 100</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79701</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>C TODD SPARKS</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 N MARIENFELD STE 100</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79701</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KEVIN D SPARKS</PersonNm>
          <USAddress>
            <AddressLine1Txt>800 N MARIENFELD STE 100</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79701</ZIPCd>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>37292</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>13393</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>50685</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>50685</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>760</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>49925</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>2496</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>2496</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>2890</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>2890</TotalTaxAmt>
        <DistributableBeforeAdjAmt>0</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>0</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>0</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>130063</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>130063</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>2890</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>127173</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>0</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr1Amt>90457</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>90457</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>130063</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>0</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>130063</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>220520</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>220520</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear1Amt>90457</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>130063</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>C TODD SPARKS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>800 N MARIENFELD STE 100</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79701</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>4326835203</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>PRESCRIBED FORMS</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>90 DAYS PRIOR TO REQUESTED FUNDING DATE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>NONE</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHARITABLE CONTRIBUTIONS FROM K-1 INVESTMENTS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>800 N MARIENFELD SUITE 100</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79701</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION MADE THROUGH PARTNERSHIP WITH AMCAP WOODLAKE, LLC.</GrantOrContributionPurposeTxt>
          <Amt>63</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CITIZENS FOR SELF GOVERNANCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>106 E 6TH ST STE 900</AddressLine1Txt>
            <CityNm>AUSTIN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78701</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>TO CONTRIBUTE TO THE PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MANOR PARK</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>5212 SINCLAIR AVE</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78707</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>TO CONTRIBUTE TO THE PROGRAM.</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>TEXAS PUBLIC POLICY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>900 CONGRESS AVE STE 400</AddressLine1Txt>
            <CityNm>AUSTIN</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78701</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>TO ASSIST AND SUPPORT THE SERVICES AND PROGRAMS OF THE FOUNDATION.</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>130063</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>41338</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>5854</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>15</ExclusionCd>
          <ExclusionAmt>560</ExclusionAmt>
        </OtherInvestmentIncmPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <BusinessCd>523000</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>253380</UnrelatedBusinessTaxblIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>AMCAP ACQUISITIONS</Desc>
          <BusinessCd>900003</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>-520</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>4230</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>AMCAP LEE PARK, LLC</Desc>
          <ExclusionCd>16</ExclusionCd>
          <ExclusionAmt>-12117</ExclusionAmt>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>AMCAP LEE PARK, LLC</Desc>
          <BusinessCd>900003</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>-109</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>01</ExclusionCd>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>AMCAP TELECOM PARTNERS</Desc>
          <BusinessCd>900003</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>-78603</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>01</ExclusionCd>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>AMCAP WOODLAKE, LLC</Desc>
          <BusinessCd>900003</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>56055</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>01</ExclusionCd>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>FRACTURED LLC</Desc>
          <UnrelatedBusinessTaxblIncmAmt>-305</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>01</ExclusionCd>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>HAD ENOUGH LLC</Desc>
          <UnrelatedBusinessTaxblIncmAmt>1</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>01</ExclusionCd>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>MASS ENERGY, LLC</Desc>
          <UnrelatedBusinessTaxblIncmAmt>-22143</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>01</ExclusionCd>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>SPARKCAP, LLC</Desc>
          <BusinessCd>900003</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>-48556</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>01</ExclusionCd>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>159200</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>39865</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>199065</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>C TODD SPARKS FLP</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>800 N MARIENFELD STE 100</AddressLine1Txt>
          <CityNm>MIDLAND</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>79701</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>16326</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>KEVIN D SPARKS FLP</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>800 N MARIENFELD STE 100</AddressLine1Txt>
          <CityNm>MIDLAND</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>79701</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>8163</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>3</ContributorNum>
        <ContributorPersonNm>W JEFFREY SPARKS</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>800 N MARIENFELD STE 100</AddressLine1Txt>
          <CityNm>MIDLAND</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>79701</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>8163</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>4</ContributorNum>
        <ContributorPersonNm>DISCOVERY OPERATING</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>800 N MARIENFELD STE 100</AddressLine1Txt>
          <CityNm>MIDLAND</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>79701</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>8163</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>5</ContributorNum>
        <ContributorPersonNm>JKTS</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>800 N MARIENFELD STE 100</AddressLine1Txt>
          <CityNm>MIDLAND</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>79701</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>40820</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>6</ContributorNum>
        <ContributorPersonNm>DON AND GWYN SPARKS FLP</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>800 N MARIENFELD STE 100</AddressLine1Txt>
          <CityNm>MIDLAND</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>79701</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>48984</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>7</ContributorNum>
        <ContributorPersonNm>F T VENTURES</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>PO BOX 6170</AddressLine1Txt>
          <CityNm>MIDLAND</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>79711</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>8163</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>8</ContributorNum>
        <ContributorPersonNm>HORACE LINTHICUM</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>BOX 94</AddressLine1Txt>
          <CityNm>MIDLAND</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>76930</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>8163</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>9</ContributorNum>
        <ContributorPersonNm>PLATT PARTNERS</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>16110 CHATEAU AVE</AddressLine1Txt>
          <CityNm>AUSTIN</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>78731</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>8163</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>10</ContributorNum>
        <ContributorPersonNm>WA AND DARLENE BATEMAN LIVING TRUST</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>3613 JORDAN AVE</AddressLine1Txt>
          <CityNm>MIDLAND</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>79707</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>16328</TotalContributionsAmt>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>.0000375 ORRI HOWARD COUNTY TEXAS</NoncashPropertyDesc>
        <FairMarketValueAmt>16326</FairMarketValueAmt>
        <ReceivedDt>2015-03-01</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>2</ContributorNum>
        <NoncashPropertyDesc>.0000375 ORRI HOWARD COUNTY TEXAS</NoncashPropertyDesc>
        <FairMarketValueAmt>8163</FairMarketValueAmt>
        <ReceivedDt>2015-03-01</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>3</ContributorNum>
        <NoncashPropertyDesc>.0000375 ORRI HOWARD COUNTY TEXAS</NoncashPropertyDesc>
        <FairMarketValueAmt>8163</FairMarketValueAmt>
        <ReceivedDt>2015-03-01</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>4</ContributorNum>
        <NoncashPropertyDesc>.0000375 ORRI HOWARD COUNTY TEXAS</NoncashPropertyDesc>
        <FairMarketValueAmt>8163</FairMarketValueAmt>
        <ReceivedDt>2015-03-01</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>5</ContributorNum>
        <NoncashPropertyDesc>.0001875 ORRI HOWARD COUNTY TEXAS</NoncashPropertyDesc>
        <FairMarketValueAmt>40820</FairMarketValueAmt>
        <ReceivedDt>2015-03-01</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>6</ContributorNum>
        <NoncashPropertyDesc>.000225 ORRI HOWARD COUNTY TEXAS</NoncashPropertyDesc>
        <FairMarketValueAmt>48984</FairMarketValueAmt>
        <ReceivedDt>2015-03-01</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>7</ContributorNum>
        <NoncashPropertyDesc>.0000375 ORRI HOWARD COUNTY TEXAS</NoncashPropertyDesc>
        <FairMarketValueAmt>8163</FairMarketValueAmt>
        <ReceivedDt>2015-03-01</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>8</ContributorNum>
        <NoncashPropertyDesc>.0000375 ORRI HOWARD COUNTY TEXAS</NoncashPropertyDesc>
        <FairMarketValueAmt>8163</FairMarketValueAmt>
        <ReceivedDt>2015-03-01</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>9</ContributorNum>
        <NoncashPropertyDesc>.0000375 ORRI HOWARD COUNTY TEXAS</NoncashPropertyDesc>
        <FairMarketValueAmt>8163</FairMarketValueAmt>
        <ReceivedDt>2015-03-01</ReceivedDt>
      </NonCashPropertyContributionGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>10</ContributorNum>
        <NoncashPropertyDesc>.000075 ORRI HOWARD COUNTY TEXAS</NoncashPropertyDesc>
        <FairMarketValueAmt>16328</FairMarketValueAmt>
        <ReceivedDt>2015-03-01</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>LEGAL &amp; PROFESSIONAL FEES</CategoryTxt>
        <Amt>4625</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>BROKERAGE - FIDELITY 4085</StockNm>
        <EOYBookValueAmt>308297</EOYBookValueAmt>
        <EOYFMVAmt>308297</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BROKERAGE - FIDELITY 4093</StockNm>
        <EOYBookValueAmt>447814</EOYBookValueAmt>
        <EOYFMVAmt>447814</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BROKERAGE - FIDELITY 166</StockNm>
        <EOYBookValueAmt>100000</EOYBookValueAmt>
        <EOYFMVAmt>100000</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ROYALTY TRUST - HUGOTON</StockNm>
        <EOYBookValueAmt>10875</EOYBookValueAmt>
        <EOYFMVAmt>10875</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ROYALTY TRUST - SAN JUAN</StockNm>
        <EOYBookValueAmt>9600</EOYBookValueAmt>
        <EOYFMVAmt>9600</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SECURITIES - TRIUMPH SAVINGS BANK PREFERRED</StockNm>
        <EOYBookValueAmt>200005</EOYBookValueAmt>
        <EOYFMVAmt>200005</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>K-1 - AMCAP LEE PARK, LLC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>42841</BookValueAmt>
        <EOYFMVAmt>42841</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>K-1 - AMCAP TELECOM PARTNERS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>K-1 - AMCAP WOODLAKE, LLC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>92022</BookValueAmt>
        <EOYFMVAmt>92022</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>K-1 - FRACTURED LLC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>9695</BookValueAmt>
        <EOYFMVAmt>9695</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>K-1 - HAD ENOUGH LLC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>100001</BookValueAmt>
        <EOYFMVAmt>100001</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>K-1 - MASS ENERGY, LLC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>159384</BookValueAmt>
        <EOYFMVAmt>159384</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>K-1 - SPARKCAP, LLC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>OTHER ASSETS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
        <BookValueAmt>6305</BookValueAmt>
        <EOYFMVAmt>6305</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>OTHER EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>11001</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>RI - TX - NET</Desc>
        <RevenueAndExpensesPerBooksAmt>560</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>560</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>560</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>AMCAP ACQUISITIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>3710</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>3710</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>AMCAP LEE PARK, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>-12117</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>-12117</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>-12117</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>AMCAP LEE PARK, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>-109</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>-109</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>AMCAP TELECOM PARTNERS</Desc>
        <RevenueAndExpensesPerBooksAmt>-78603</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>-78603</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>AMCAP WOODLAKE, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>56055</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>56055</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>FRACTURED LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>-305</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>-305</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>HAD ENOUGH LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>1</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>1</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>MASS ENERGY, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>-22143</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>-22143</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>SPARKCAP, LLC</Desc>
        <RevenueAndExpensesPerBooksAmt>-48556</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>-48556</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilitiesDetail>
        <Desc>OTHER PAYABLE</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>171080</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ADVISORY FEES</CategoryTxt>
        <Amt>10286</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
  </ReturnData>
</Return>