﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2014v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2015-05-13T15:39:41-05:00</ReturnTs>
    <TaxPeriodEndDt>2014-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1Txt>Willnerd &amp; Associates LLC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>3200 Pine Lake Road Suite A</AddressLine1Txt>
        <CityNm>Lincoln</CityNm>
        <StateAbbreviationCd>NE</StateAbbreviationCd>
        <ZIPCd>68516</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2014-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>464376765</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>PATRICIA AND RONALD SCHARDT FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <InCareOfNm>% WILLNERD &amp; ASSOCIATES LLC</InCareOfNm>
      <BusinessNameControlTxt>PATR</BusinessNameControlTxt>
      <PhoneNum>4023657617</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 608</AddressLine1Txt>
        <AddressLine2Txt>Suite</AddressLine2Txt>
        <CityNm>DESHLER</CityNm>
        <StateAbbreviationCd>NE</StateAbbreviationCd>
        <ZIPCd>683400608</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>PATRICIA SCHARDT</PersonNm>
      <PersonTitleTxt>President</PersonTitleTxt>
      <PhoneNum>4023657617</PhoneNum>
      <SignatureDt>2015-05-11</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Milton A Willnerd</PreparerPersonNm>
      <PTIN>P00862414</PTIN>
      <PhoneNum>4023657617</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2014</TaxYr>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="8">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>509192</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>313783</ContriRcvdRevAndExpnssAmt>
        <DividendsRevAndExpnssAmt>5026</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>5026</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>39</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>16468</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>39</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>39</NetSTCapitalGainAdjNetIncmAmt>
        <TotalRevAndExpnssAmt>318848</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>5065</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>39</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="LegalFeesSch">4620</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>0</LegalFeesNetInvstIncmAmt>
        <LegalFeesAdjNetIncmAmt>0</LegalFeesAdjNetIncmAmt>
        <LegalFeesDsbrsChrtblAmt>0</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSch">2930</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>0</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>0</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>0</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OthProfFeesSch">1172</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>1172</OtherProfFeesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>8722</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>1172</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>0</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>6320</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>6320</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>15042</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>1172</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>0</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>6320</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>303806</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>3893</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>39</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>200000</CashBOYAmt>
        <CashEOYAmt>19733</CashEOYAmt>
        <CashEOYFMVAmt>19733</CashEOYFMVAmt>
        <CorporateStockBOYAmt>0</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestCorpStockSch">405380</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>489459</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>200000</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>425113</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>509192</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>200000</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>425113</CapitalStockEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>200000</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>425113</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>200000</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>425113</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>200000</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>303806</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>503806</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="OtherDecreasesSch">78693</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>425113</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>15,000 FHLB 4.25% DUE 3/9/18</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-01-09</AcquiredDt>
          <SoldDt>2014-11-21</SoldDt>
          <GrossSalesPriceAmt>16381</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>16294</CostOrOtherBasisAmt>
          <GainOrLossAmt>87</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>87</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>16 SHS CALIFORNIA RESOURCES CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2014-03-11</AcquiredDt>
          <SoldDt>2014-12-26</SoldDt>
          <GrossSalesPriceAmt>87</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>135</CostOrOtherBasisAmt>
          <GainOrLossAmt>-48</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-48</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>39</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>39</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>0</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>1080</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.0</DistributionYr1Rt>
        <TotalDistributionRt>0.0</TotalDistributionRt>
        <AverageDistributionRt>0.0</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>234068</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>0</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>39</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>39</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>6320</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>39</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>39</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>39</TaxBasedOnInvestmentIncomeAmt>
        <TotalPaymentsAndCreditsAmt>0</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>39</TaxDueAmt>
      </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>NE</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>WILLNERD &amp; ASSOCIATES LLC</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>4024211811</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>3200 PINE LAKE RD STE A</AddressLine1Txt>
          <CityNm>LINCOLN</CityNm>
          <StateAbbreviationCd>NE</StateAbbreviationCd>
          <ZIPCd>68516</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>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <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>
        <ProceedsOrNetIncomeInd>false</ProceedsOrNetIncomeInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PATRICIA SCHARDT</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 608</AddressLine1Txt>
            <CityNm>DESHLER</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>683400608</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT &amp; SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.5</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>RONALD SCHARDT</PersonNm>
          <USAddress>
            <AddressLine1Txt>PO BOX 608</AddressLine1Txt>
            <CityNm>DESHLER</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>683400608</ZIPCd>
          </USAddress>
          <TitleTxt>VICE PRESIDENT &amp; TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.5</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp />
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>150419</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>87213</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>237632</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>237632</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>3564</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>234068</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>11703</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>11703</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>39</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>39</TotalTaxAmt>
        <DistributableBeforeAdjAmt>11664</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>11664</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>11664</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>6320</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>6320</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>39</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>6281</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>11664</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>1</UndistributedIncomePYAmt>
        <PriorYear1Yr>2012</PriorYear1Yr>
        <PriorYear2Yr>2011</PriorYear2Yr>
        <PriorYear3Yr>2010</PriorYear3Yr>
        <ExcessDistributionCyovYr1Amt>0</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>6320</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>1</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>6319</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>5345</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>0</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <ContributingManagerNm>RONALD PATRICIA SCHARDT WERE RESP</ContributingManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>PATRICIA RONALD SCHARDT FDTN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 608</AddressLine1Txt>
            <CityNm>DESHLER</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>683400608</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>4023657617</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>A GRANT APPLICATION SHOULD BE SUBMITTED IN WRITING AND INCLUDE ALL REQUESTED INFORMATION. ORGANIZATIONS SHOULD SUBMIT TWO COPIES OF THE COMPLETED APPLICATION. FOLLOWING INITIAL REVIEW BY THE FOUNDATION, MORE DETAILED INFORMATION ABOUT YOUR ORGANIZATION MAY BE REQUESTED.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>GRANT REQUESTS MUST BE RECEIVED BY FEBRUARY 15TH FOR CONSIDERATION IN MARCH AND BY AUGUST 15TH FOR C</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>AN ORGANIZATION MAY NOT SUBMIT MORE THAN ONE GRANT APPLICATION IN ANY CALENDAR YEAR.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Relay For Life</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>Deshler High School</AddressLine1Txt>
            <CityNm>Deshler</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>68340</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Qualified Charitable Organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Deshler Community Fund - Nebraska Comm Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3833 S 14th Street</AddressLine1Txt>
            <CityNm>Lincoln</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>68501</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Qualified Charitable Organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Epworth Village Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2119 Division Avenue</AddressLine1Txt>
            <CityNm>York</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>68467</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Qualified Charitable Organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>1820</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Deshler Lions Club</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>211 Crestview Drive</AddressLine1Txt>
            <CityNm>Deshler</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>68340</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Qualified Charitable Organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Deshler Lutheran School Association</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO Box 340</AddressLine1Txt>
            <CityNm>Deshler</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>68340</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Educational Facility</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>GOV</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Guillain-Barre Foundation</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>The Holly Bldg - 104 1/2 Forrest Av</AddressLine1Txt>
            <CityNm>Narberth</CityNm>
            <StateAbbreviationCd>PA</StateAbbreviationCd>
            <ZIPCd>19072</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Qualified Charitable Organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>Deshler City Rescue Unit</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>Main Street</AddressLine1Txt>
            <CityNm>Deshler</CityNm>
            <StateAbbreviationCd>NE</StateAbbreviationCd>
            <ZIPCd>68340</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>Qualified Charitable Organization</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>GOV</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>General Support</GrantOrContributionPurposeTxt>
          <Amt>500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>6320</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp />
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>5026</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>39</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>5065</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>5065</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>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>Patricia Schardt</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>PO BOX 608</AddressLine1Txt>
          <CityNm>DESHLER</CityNm>
          <StateAbbreviationCd>NE</StateAbbreviationCd>
          <ZIPCd>683400608</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>299783</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
        <NoncashContributionInd>X</NoncashContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>RONALD PATRICIA SCHARDT</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>PO BOX 608</AddressLine1Txt>
          <CityNm>DESHLER</CityNm>
          <StateAbbreviationCd>NE</StateAbbreviationCd>
          <ZIPCd>68340</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>14000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <NonCashPropertyContributionGrp>
        <ContributorNum>1</ContributorNum>
        <NoncashPropertyDesc>Various stocks and mututal funds</NoncashPropertyDesc>
        <FairMarketValueAmt>299783</FairMarketValueAmt>
        <ReceivedDt>2014-12-31</ReceivedDt>
      </NonCashPropertyContributionGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>2930</Amt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>STOCK &amp; MUTUAL FUND PORTFOLIO</StockNm>
        <EOYBookValueAmt>405380</EOYBookValueAmt>
        <EOYFMVAmt>489459</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="LegalFeesSch">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>4620</LegalFeesAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherDecreasesSchedule documentId="OtherDecreasesSch">
      <OtherDecreasesDetail>
        <Desc>NET ASSET ADJSMT - (FMV &gt; COST OF GIFTS)</Desc>
        <Amt>78693</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT FEES</CategoryTxt>
        <Amt>1172</Amt>
        <NetInvestmentIncomeAmt>1172</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
  </ReturnData>
</Return>