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          <GrossSalesPriceAmt>790</GrossSalesPriceAmt>
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          <PropertyDesc>462.3 UNITS OF FEDERAL NATIONAL MORT</PropertyDesc>
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          <AcquiredDt>2008-03-24</AcquiredDt>
          <SoldDt>2015-10-26</SoldDt>
          <GrossSalesPriceAmt>462</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>464</CostOrOtherBasisAmt>
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          <PropertyDesc>380 SHARES OF NPS PHARMACEUTICALS IN</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-08-12</AcquiredDt>
          <SoldDt>2015-02-25</SoldDt>
          <GrossSalesPriceAmt>17480</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>10211</CostOrOtherBasisAmt>
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          <AcquiredDt>2015-01-02</AcquiredDt>
          <SoldDt>2015-09-17</SoldDt>
          <GrossSalesPriceAmt>62474</GrossSalesPriceAmt>
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          <PropertyDesc>276 SHARES OF PPL CORP</PropertyDesc>
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          <AcquiredDt>2013-03-13</AcquiredDt>
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          <GrossSalesPriceAmt>9416</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8443</CostOrOtherBasisAmt>
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          <PropertyDesc>129.835 SHARES OF OPPENHEIMER DEVELO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
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          <GrossSalesPriceAmt>3769</GrossSalesPriceAmt>
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          <PropertyDesc>1149.43 UNITS OF FEDERAL HOME LOAN M</PropertyDesc>
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          <GrossSalesPriceAmt>1149</GrossSalesPriceAmt>
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          <PropertyDesc>729.17 UNITS OF FEDERAL NATIONAL MOR</PropertyDesc>
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          <GrossSalesPriceAmt>729</GrossSalesPriceAmt>
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          <PropertyDesc>459.15 UNITS OF FEDERAL NATIONAL MOR</PropertyDesc>
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          <PropertyDesc>48 SHARES OF MWI VETERINARY SUPPLY I</PropertyDesc>
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          <AcquiredDt>2014-02-25</AcquiredDt>
          <SoldDt>2015-02-25</SoldDt>
          <GrossSalesPriceAmt>9120</GrossSalesPriceAmt>
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          <PropertyDesc>9 SHARES OF GOOGLE INC CL C COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2011-03-29</AcquiredDt>
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          <GrossSalesPriceAmt>4720</GrossSalesPriceAmt>
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          <PropertyDesc>295 SHARES OF PPL CORP</PropertyDesc>
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          <AcquiredDt>2013-09-23</AcquiredDt>
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          <PropertyDesc>6165.895 SHARES OF PIMCO FOREIGN BON</PropertyDesc>
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          <PropertyDesc>1606.556 SHARES OF OAKMARK GLOBAL SE</PropertyDesc>
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          <PropertyDesc>372.38 UNITS OF FEDERAL NATIONAL MOR</PropertyDesc>
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          <PropertyDesc>938.503 SHARES OF OAKMARK GLOBAL SEL</PropertyDesc>
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          <PropertyDesc>255 SHARES OF PFIZER INC</PropertyDesc>
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          <PropertyDesc>305 SHARES OF FORD MOTOR CO</PropertyDesc>
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          <SoldDt>2015-05-29</SoldDt>
          <GrossSalesPriceAmt>4636</GrossSalesPriceAmt>
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          <PropertyDesc>212.039 SHARES OF AMG YACKTMAN SERVI</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-06-18</AcquiredDt>
          <SoldDt>2015-09-18</SoldDt>
          <GrossSalesPriceAmt>4781</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3897</CostOrOtherBasisAmt>
          <GainOrLossAmt>884</GainOrLossAmt>
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          <PropertyDesc>1092.98 UNITS OF FEDERAL HOME LOAN M</PropertyDesc>
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          <AcquiredDt>2009-02-12</AcquiredDt>
          <SoldDt>2015-02-17</SoldDt>
          <GrossSalesPriceAmt>1093</GrossSalesPriceAmt>
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          <PropertyDesc>662.56 UNITS OF FEDERAL NATIONAL MOR</PropertyDesc>
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          <GrossSalesPriceAmt>663</GrossSalesPriceAmt>
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          <PropertyDesc>364.84 UNITS OF FEDERAL NATIONAL MOR</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2008-03-24</AcquiredDt>
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          <GrossSalesPriceAmt>365</GrossSalesPriceAmt>
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          <GainOrLossAmt>-1</GainOrLossAmt>
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          <PropertyDesc>750 SHARES OF VANGUARD SELECTED VALU</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-08-12</AcquiredDt>
          <SoldDt>2015-05-05</SoldDt>
          <GrossSalesPriceAmt>21960</GrossSalesPriceAmt>
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          <GainOrLossAmt>-113</GainOrLossAmt>
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        </CapGainsLossTxInvstIncmGrp>
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          <PropertyDesc>635 SHARES OF PFIZER INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-09-23</AcquiredDt>
          <SoldDt>2015-02-20</SoldDt>
          <GrossSalesPriceAmt>21700</GrossSalesPriceAmt>
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          <GainOrLossAmt>3387</GainOrLossAmt>
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          <PropertyDesc>395 SHARES OF FORD MOTOR CO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-07-26</AcquiredDt>
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          <GrossSalesPriceAmt>1077</GrossSalesPriceAmt>
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        <SubtotalAmt>722</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>722</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>1640</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>1640</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>918</OverpaymentAmt>
        <AppliedToESTaxAmt>918</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>FL</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>INVESTORS' SECURITY TRUST</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>2392676655</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>5246 RED CEDAR DR STE 101</AddressLine1Txt>
          <CityNm>FORT MYERS</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33907</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROBERT D WATSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>433 NW 23RD ST</AddressLine1Txt>
            <CityNm>GAINSVILLE</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32607</ZIPCd>
          </USAddress>
          <TitleTxt>CO-TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>10.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>38623</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JANICE LAWSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>608 PLANTATION ROAD</AddressLine1Txt>
            <CityNm>TALLAHASSEE</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32303</ZIPCd>
          </USAddress>
          <TitleTxt>CO-TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>4787274</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>300490</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>4744</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>5092508</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>5092508</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>76388</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>5016120</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>250806</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>250806</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>722</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>722</TotalTaxAmt>
        <DistributableBeforeAdjAmt>250084</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>250084</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>250084</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>264534</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>264534</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>722</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>263812</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>250084</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>262004</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>264534</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>262004</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>2530</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>247554</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FLORIDA STATE UNIVERSITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2010 LEVY AVE BLDG B 300</AddressLine1Txt>
            <CityNm>TALLAHASSEE</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32306</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CHAPMAN HUMANISM FUND</GrantOrContributionPurposeTxt>
          <Amt>6000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FLORIDA STATE UNIVERSITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2010 LEVY AVE BLDG B 300</AddressLine1Txt>
            <CityNm>TALLAHASSEE</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32306</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>CARES HEALTH GRANT</GrantOrContributionPurposeTxt>
          <Amt>29200</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FLORIDA STATE UNIVERSITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2010 LEVY AVE BLDG B 300</AddressLine1Txt>
            <CityNm>TALLAHASSEE</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32306</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>WHITE COATS</GrantOrContributionPurposeTxt>
          <Amt>18000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FLORIDA STATE UNIVERSITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2010 LEVY AVE BLDG B 300</AddressLine1Txt>
            <CityNm>TALLAHASSEE</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32306</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>SUMMER INSTITUTE</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FLORIDA STATE UNIVERSITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2010 LEVY AVE BLDG B 300</AddressLine1Txt>
            <CityNm>TALLAHASSEE</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32306</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>HEALING GARDENS</GrantOrContributionPurposeTxt>
          <Amt>100000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FLORIDA STATE UNIVERSITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2010 LEVY AVE BLDG B 300</AddressLine1Txt>
            <CityNm>TALLAHASSEE</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32306</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>HUMANISM SCHOLARS</GrantOrContributionPurposeTxt>
          <Amt>40000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF FL FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 14425</AddressLine1Txt>
            <CityNm>GAINESVILLE</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32604</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>GENERAL PURPOSE</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF FL FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 14425</AddressLine1Txt>
            <CityNm>GAINESVILLE</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32604</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>EQUAL ACCESS CLINIC</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF CENTRAL FLORIDA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>6850 LAKE NONA BLVD</AddressLine1Txt>
            <CityNm>ORLANDO</CityNm>
            <StateAbbreviationCd>FL</StateAbbreviationCd>
            <ZIPCd>32827</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <GrantOrContributionPurposeTxt>HUMANISM IN MEDICINE</GrantOrContributionPurposeTxt>
          <Amt>23251</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>262951</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>7208</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>96627</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>13509</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>117344</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>117344</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>TAX AND ACCOUNTING FEES</CategoryTxt>
        <Amt>2525</Amt>
        <NetInvestmentIncomeAmt>2000</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>525</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc3">
      <InvestmentsCorporateBondsGrp>
        <BondNm>FIXED INCOME - TAXABLE</BondNm>
        <EOYBookValueAmt>2191735</EOYBookValueAmt>
        <EOYFMVAmt>2198146</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc4">
      <InvestmentsCorporateStockGrp>
        <StockNm>EQUITIES</StockNm>
        <EOYBookValueAmt>2253670</EOYBookValueAmt>
        <EOYFMVAmt>2416643</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherAssetsSchedule documentId="RetDoc5">
      <OtherAssetsScheduleGrp>
        <Desc>INTEREST RECEIVABLE</Desc>
        <BOYBookValueAmt>191</BOYBookValueAmt>
        <EOYBookValueAmt>94</EOYBookValueAmt>
        <EOYFMVAmt>94</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>DIVIDENDS RECEIVABLE</Desc>
        <BOYBookValueAmt>3071</BOYBookValueAmt>
        <EOYBookValueAmt>188</EOYBookValueAmt>
        <EOYFMVAmt>188</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>SALES PROCEEDS RECEIVABLE</Desc>
        <BOYBookValueAmt>45</BOYBookValueAmt>
        <EOYBookValueAmt>4462</EOYBookValueAmt>
        <EOYFMVAmt>4462</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc6">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BOD EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>2117</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1059</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>1058</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT INTEREST EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>308</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>308</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OTHER FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>542</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>542</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc7">
      <OtherIncreasesDetail>
        <Desc>NONDIVIDEND DISTRIBUTIONS</Desc>
        <Amt>294</Amt>
      </OtherIncreasesDetail>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc8">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>AGENCY FEES</CategoryTxt>
        <Amt>33267</Amt>
        <NetInvestmentIncomeAmt>33267</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <Amt>7427</Amt>
        <NetInvestmentIncomeAmt>7427</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc9">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>560</Amt>
        <NetInvestmentIncomeAmt>560</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
        <Amt>2045</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>