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W C PAYNE FOUNDATION: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
W C PAYNE FOUNDATION (EIN 83-0343851)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-03-09
IRS object ID
201500689349100005
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-03-09T11:49:19-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Raymond E Robins CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17005 N RobinsonAddressLine1Txt
CityOklahoma CityCityNm
State AbbreviationOKStateAbbreviationCd
ZIP73116ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN830343851EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1W C PAYNE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWCPABusinessNameControlTxt
Phone4058439419PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11601 WESTMINISTERAddressLine1Txt
CityOklahoma CityCityNm
State AbbreviationOKStateAbbreviationCd
ZIP73120ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonW C PAYNEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4058439419PhoneNum
Signature2015-03-09SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRAYMOND E ROBINSPreparerPersonNm
Phone4058439419PhoneNum
Preparation2015-03-09PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$4,753,689FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$758,170ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$44InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$44InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$146,252DividendsRevAndExpnssAmt
Dividends Net Invst Incm$146,252DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$0OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$904,466TotalRevAndExpnssAmt
Total Net Invst Incm$146,296TotalNetInvstIncmAmt
Taxes Rev And Expnss$3,515TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$3,515TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$159OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$159OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$3,674TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$3,674TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$172,940ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$172,940ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$176,614TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$176,614TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$727,852ExcessRevenueOverExpensesAmt
Net Investment Income$146,296NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$64,375SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$34,058SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$34,058SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$1,527,771CorporateStockBOYAmt
Corporate Stock EOY$2,285,940CorporateStockEOYAmt
Corporate Stock EOYFMV$4,719,631CorporateStockEOYFMVAmt
Total Assets BOY$1,592,146TotalAssetsBOYAmt
Total Assets EOY$2,319,998TotalAssetsEOYAmt
Total Assets EOYFMV$4,753,689TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$1,592,146RetainedEarningBOYAmt
Retained Earning EOY$2,319,998RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$1,592,146TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$2,319,998TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$1,592,146TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$2,319,998TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$1,592,146TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$727,852ExcessRevenueOverExpensesAmt
Subtotal$2,319,998SubtotalAmt
Tot Net Ast Or Fund Balances EOY$2,319,998TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$143,107AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$3,378,827NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.042354DistributionYr1Rt
Adjusted Qlfy Distri Yr2$120,849AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$2,854,798NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.042332DistributionYr2Rt
Adjusted Qlfy Distri Yr3$112,118AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$2,494,673NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.044943DistributionYr3Rt
Adjusted Qlfy Distri Yr4$93,890AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$2,238,214NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.041949DistributionYr4Rt
Adjusted Qlfy Distri Yr5$93,850AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$1,880,086NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.049918DistributionYr5Rt
Total Distribution0.221496TotalDistributionRt
Average Distribution0.044299AverageDistributionRt
Net Vl Noncharitable Assets$4,023,653NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$178,244AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$1,463NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$179,707AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$176,614QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,926InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$2,926SubtotalAmt
Tax Based On Investment Income$2,926TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$2,500EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$2,500TotalPaymentsAndCreditsAmt
Original Return Tax Paid$2,500OriginalReturnTaxPaidAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$3EsPenaltyAmt
Tax Due$429TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressNoneWebsiteAddressTxt
Individual With BooksW C PAYNEIndividualWithBooksNm
Phone4058439419PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line17005 N ROBINSONAddressLine1Txt
CityOKLAHOMA CITYCityNm
State AbbreviationOKStateAbbreviationCd
ZIP731169044ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
W C PAYNE
1610 WESTMINISTERCityOK73112President & Director2.00$0$0$0
JOAN N PAYNE
1610 WESTMINISTEROKCOK73112Secretary & Director2.00$0$0$0
WILLIAM G PAYNE
6446 ABERDEEN AVEDALLASTX75230Treasurer & Director1.00$0$0$0
CAROLINE P YOUNG
12401 DUTCH FORESTEDMONDOK73013Director1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$3,975,163AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$109,764AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$4,084,927TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$4,084,927AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$61,274CashDeemedCharitableAmt
Net Vl Noncharitable Assets$4,023,653NetVlNoncharitableAssetsAmt
Minimum Investment Return$201,183MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$201,183MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,926TaxBasedOnInvestmentIncomeAmt
Total Tax$2,926TotalTaxAmt
Distributable Before Adj$198,257DistributableBeforeAdjAmt
Distributable Before Ded$198,257DistributableBeforeDedAmt
Distributable As Adjusted$198,257DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$176,614ExpensesAndContributionsAmt
Qualifying Distributions$176,614QualifyingDistributionsAmt
Adjusted Qualifying Distri$176,614AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$198,257DistributableAsAdjustedAmt
Undistributed Income PY$164,815UndistributedIncomePYAmt
Qualifying Distributions$176,614QualifyingDistributionsAmt
Applied To Year1$164,815AppliedToYear1Amt
Applied To Current Year$11,799AppliedToCurrentYearAmt
Undistributed Income CY$186,458UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerNONEContributingManagerNm
Shareholder ManagerNONEShareholderManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonW C PAYNE FOUNDATIONRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line17210 WaverlyAddressLine1Txt
CityOklahoma CityCityNm
State AbbreviationOKStateAbbreviationCd
ZIP73120ZIPCd
FieldValueIRS element (for citing)
Recipient Phone4058439419RecipientPhoneNum
Form And Info And MaterialsNO SPECIFIC FORM HAS BEEN DEVELOPEDFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
NICHOLS HILLS UMC
1212 Bedford DrNICHOLS HILLSOK73112501 3COperations$30,540
YMCA CAPITAL CAMPAIGN
2460 NW 38THOKLAHOMA CITYOK73112501 3COperations$0
Hearts for Hearing
3525 NW 56th StOKCOK73112501 3COperations$0
Shepherd Spinal Clinic
2020 Peachtree Rd NWAtlantaGA30309501 3COperations$25,000
Special Care Inc
12201 N WesternOKCOK73114501 3COperations$45,000
WESTMINISTER CHURCH
4400 N SHARTELOKLAHOMA CITYOK73118501 3COperations$0
THE SALVATION ARMY
511 SW 5THOKCOK73102501 3COperations$0
World Neighbors
4127 NW 122Oklahoma CityOK73120501 3COperations$0
INTEGRIS HOSPICE
13920 QUAILBROOK DROKLAHOMA CITYOK73134501 3COperations$0
Oklahoma City Museum of Art
415 Couch DrOKCOK73102501 3COperations$10,000
Nichols Hills Parks
6407 AvondaleOKLAHOMA CITYOK73116501 3COperations$0
Keystone Adventure School
19201 N WesternEdmondOK73012501 3COperations$12,000
LAMPLIGHTER SCHOOL
11611 INWOOD RDDALLASTX75229501 3CCampus Development$0
Habitat for Humanity
1025 N BroadwayOKLAHOMA CITYOK73102501 3COperations$5,000
UNIVERSITY OF OKLAHOMA
100 TIMBERDELL ROADNORMANOK73019501 3CENDOWMENT$0
MD ANDERSON CANCER CENTER
P O BOX 301439HOUSTONTX77230501 3COPERATIONS$0
The Heritage Foundation
214 Massachusetts AVE NEWashingtonDC20002501 3COPERATIONS$10,000
PRESBYTERIAN HEALTH FOUD
655 RESEARCH PARK WAYOKLAHOMA CITYOK73104501 3COPERATIONS$5,150
UNIVERSITY OF CO
1800 Grant StreetDENVERCO80203501 3COPERATIONS$250
Harvard Business School
Soldiers FieldBostonMA02163501 3COperations$0
ALLIED ARTS
1015 N Broadway Ave Ste 200OKLAHOMA CITYOK73102501 3COPERATIONS$5,000
Oklahoma Council of Public Affairs
1401 N Lincoln BlvdOklahoma CityOK73104501 3COPERATIONS$10,000
The Oklahoma School of Science and Mathematics
1141 North Lincoln BoulevardOKLAHOMA CITYOK73104501 3COPERATIONS$5,000
PACIFIC LEGAL FOUNDATION
930 G StreetSacramentoCA95814501 3COPERATIONS$5,000
A CHANCE TO CHANGE FOUNDATION
5228 Classen CirOKLAHOMA CITYOK73118501 3COPERATIONS$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$172,940TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Business523000BusinessCd
Unrelated Business Taxbl Incm$44UnrelatedBusinessTaxblIncmAmt
Exclusion14ExclusionCd

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Business523000BusinessCd
Unrelated Business Taxbl Incm$146,252UnrelatedBusinessTaxblIncmAmt
Exclusion14ExclusionCd

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$146,296UnrelatedBusinessTaxblIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$146,296TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
NORDIC AMERICAN TANKER$189,475$50,783
Altria Group$112,590$492,700
KRAFT$46,430$152,891
BP PLC$277,903$190,600
Meridian Bioscience, Inc.$37,329$185,175
Pfizer Corp$166,050$155,750
Phillip Morris International$256,558$814,500
Magellan Midstream$355,548$1,653,200
Mondelez$85,887$265,862
GENUINE PARTS CO$758,170$758,170

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Bank Charges$83$83
Other Expenses$76$76

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescMagellan MidstreamDesc

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFederal Income TaxesCategoryTxt
Amt$3,515Amt
Disbursements Charitable Prps$3,515DisbursementsCharitablePrpsAmt

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