﻿<?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="2014v5.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2015-05-14T09:38:49-05:00</ReturnTs>
    <TaxPeriodEndDt>2014-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>382272300</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>WEINLANDER FITZHUGH</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>1600 CENTER AVE</AddressLine1Txt>
        <CityNm>BAY CITY</CityNm>
        <StateAbbreviationCd>MI</StateAbbreviationCd>
        <ZIPCd>48708</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2014-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>382978504</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>RUSSELL H &amp; MAXINE E SMITH CHARITABLE FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>RUSS</BusinessNameControlTxt>
      <PhoneNum>9898920591</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PERE MARQUETTE DEPOT-1000 ADAMS</AddressLine1Txt>
        <AddressLine2Txt>STREET NO 200</AddressLine2Txt>
        <CityNm>BAY CITY</CityNm>
        <StateAbbreviationCd>MI</StateAbbreviationCd>
        <ZIPCd>48708</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>DOMINIC MONASTIERE</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>9898395294</PhoneNum>
      <SignatureDt>2015-05-12</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>AMY L RODRIGUEZ CPA</PreparerPersonNm>
      <PTIN>P00239377</PTIN>
      <PhoneNum>9898935577</PhoneNum>
      <PreparationDt>2015-05-12</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2014</TaxYr>
    <BuildTS>2016-03-07 17:11:31Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="12">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>2476885</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>12451</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>12451</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>38365</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>38365</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>176122</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>555345</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>176122</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>226938</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>226938</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">2800</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>0</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>2800</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002300001">16487</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>0</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>16487</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">5444</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>907</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>20</TaxesDsbrsChrtblAmt>
        <OccupancyRevAndExpnssAmt>300</OccupancyRevAndExpnssAmt>
        <OccupancyNetInvstIncmAmt>0</OccupancyNetInvstIncmAmt>
        <OccupancyDsbrsChrtblAmt>300</OccupancyDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">930</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>265</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>665</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>25961</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>1172</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>20272</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>80500</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>80500</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>106461</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>1172</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>100772</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>120477</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>225766</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>248519</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>182867</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>182867</SavAndTempCashInvstEOYFMVAmt>
        <USGovernmentObligationsBOYAmt>122376</USGovernmentObligationsBOYAmt>
        <USGovernmentObligationsEOYAmt referenceDocumentId="RetDoc2210400001">122376</USGovernmentObligationsEOYAmt>
        <USGovtObligationsEOYFMVAmt>122612</USGovtObligationsEOYFMVAmt>
        <CorporateStockBOYAmt>1258844</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">1370655</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>1779372</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>304692</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2044400001">377944</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>378356</CorporateBondsEOYFMVAmt>
        <InvstLandCostOrOtherBasisAmt>13500</InvstLandCostOrOtherBasisAmt>
        <LandBldgInvestmentsBOYAmt>13500</LandBldgInvestmentsBOYAmt>
        <LandBldgInvestmentsEOYAmt>13500</LandBldgInvestmentsEOYAmt>
        <LandBldgInvestmentsEOYFMVAmt>13500</LandBldgInvestmentsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>160</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc2018100001">160</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>160</OtherInvestmentsEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="RetDoc2046600001">16</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="RetDoc2046600001">18</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="RetDoc2046600001">18</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>1948107</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>2067520</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>2476885</TotalAssetsEOYFMVAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="RetDoc2065700001">2566</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="RetDoc2065700001">1517</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>2566</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>1517</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>0</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>0</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>0</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>0</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>1945541</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>2066003</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1945541</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>2066003</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1948107</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>2067520</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1945541</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>120477</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>2066018</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc2049800001">15</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>2066003</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 SHS ALTRIA GROUP INC</PropertyDesc>
          <AcquiredDt>2010-12-22</AcquiredDt>
          <SoldDt>2014-08-13</SoldDt>
          <GrossSalesPriceAmt>20985</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>12655</CostOrOtherBasisAmt>
          <GainOrLossAmt>8330</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8330</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>200 SHS ALTRIA GROUP INC</PropertyDesc>
          <AcquiredDt>2013-08-06</AcquiredDt>
          <SoldDt>2014-08-13</SoldDt>
          <GrossSalesPriceAmt>8394</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7076</CostOrOtherBasisAmt>
          <GainOrLossAmt>1318</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1318</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>50 SHS AMERICAN ELEC PWR INC COM</PropertyDesc>
          <AcquiredDt>2013-05-24</AcquiredDt>
          <SoldDt>2014-10-29</SoldDt>
          <GrossSalesPriceAmt>2864</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2398</CostOrOtherBasisAmt>
          <GainOrLossAmt>466</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>466</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>70 SHS APPLE INC</PropertyDesc>
          <AcquiredDt>2009-09-24</AcquiredDt>
          <SoldDt>2014-10-29</SoldDt>
          <GrossSalesPriceAmt>7495</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1834</CostOrOtherBasisAmt>
          <GainOrLossAmt>5661</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5661</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1100 SHS APPLIED MATLS INC COM</PropertyDesc>
          <AcquiredDt>2009-09-24</AcquiredDt>
          <SoldDt>2014-08-05</SoldDt>
          <GrossSalesPriceAmt>22858</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>14362</CostOrOtherBasisAmt>
          <GainOrLossAmt>8496</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8496</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>300 SHS APPLIED MATLS INC COM</PropertyDesc>
          <AcquiredDt>2011-12-29</AcquiredDt>
          <SoldDt>2014-08-05</SoldDt>
          <GrossSalesPriceAmt>6234</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3201</CostOrOtherBasisAmt>
          <GainOrLossAmt>3033</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3033</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>50000 SHS BP CAPITAL PLC</PropertyDesc>
          <AcquiredDt>2010-12-27</AcquiredDt>
          <SoldDt>2014-05-08</SoldDt>
          <GrossSalesPriceAmt>50000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>51567</CostOrOtherBasisAmt>
          <GainOrLossAmt>-1567</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-1567</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>.3333 SHS CDK GLOBAL HOLDINGS LLC</PropertyDesc>
          <AcquiredDt>2009-05-28</AcquiredDt>
          <SoldDt>2014-10-16</SoldDt>
          <GrossSalesPriceAmt>8</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5</CostOrOtherBasisAmt>
          <GainOrLossAmt>3</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100 SHS CVS</PropertyDesc>
          <AcquiredDt>2011-12-29</AcquiredDt>
          <SoldDt>2014-03-28</SoldDt>
          <GrossSalesPriceAmt>7392</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4115</CostOrOtherBasisAmt>
          <GainOrLossAmt>3277</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3277</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>250 SHS DEERE &amp; CO</PropertyDesc>
          <AcquiredDt>2009-10-20</AcquiredDt>
          <SoldDt>2014-03-28</SoldDt>
          <GrossSalesPriceAmt>22145</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11467</CostOrOtherBasisAmt>
          <GainOrLossAmt>10678</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>10678</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>200 SHS ENTERGY CORP</PropertyDesc>
          <AcquiredDt>2009-02-25</AcquiredDt>
          <SoldDt>2014-04-23</SoldDt>
          <GrossSalesPriceAmt>14296</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>13541</CostOrOtherBasisAmt>
          <GainOrLossAmt>755</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>755</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100 SHS GILEAD SCIENCES INC</PropertyDesc>
          <AcquiredDt>2010-05-28</AcquiredDt>
          <SoldDt>2014-07-23</SoldDt>
          <GrossSalesPriceAmt>8959</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1811</CostOrOtherBasisAmt>
          <GainOrLossAmt>7148</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>7148</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>50 SHS GILEAD SCIENCES INC</PropertyDesc>
          <AcquiredDt>2010-05-28</AcquiredDt>
          <SoldDt>2014-10-29</SoldDt>
          <GrossSalesPriceAmt>5571</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>905</CostOrOtherBasisAmt>
          <GainOrLossAmt>4666</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4666</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>300 SHS HALLIBURTON CO COM</PropertyDesc>
          <AcquiredDt>2011-03-24</AcquiredDt>
          <SoldDt>2014-05-29</SoldDt>
          <GrossSalesPriceAmt>19212</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>13806</CostOrOtherBasisAmt>
          <GainOrLossAmt>5406</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5406</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100 SHS IBM</PropertyDesc>
          <AcquiredDt>2009-07-31</AcquiredDt>
          <SoldDt>2014-08-05</SoldDt>
          <GrossSalesPriceAmt>18653</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11882</CostOrOtherBasisAmt>
          <GainOrLossAmt>6771</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>6771</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>400 SHS KOHLS CORP COM</PropertyDesc>
          <AcquiredDt>2010-05-28</AcquiredDt>
          <SoldDt>2014-08-13</SoldDt>
          <GrossSalesPriceAmt>21816</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>20468</CostOrOtherBasisAmt>
          <GainOrLossAmt>1348</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1348</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100 SHS KOHLS CORP COM</PropertyDesc>
          <AcquiredDt>2011-03-24</AcquiredDt>
          <SoldDt>2014-08-13</SoldDt>
          <GrossSalesPriceAmt>5454</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5271</CostOrOtherBasisAmt>
          <GainOrLossAmt>183</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>183</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100 SHS LOCKHEED MARTIN CORP</PropertyDesc>
          <AcquiredDt>2009-09-08</AcquiredDt>
          <SoldDt>2014-03-28</SoldDt>
          <GrossSalesPriceAmt>16059</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7422</CostOrOtherBasisAmt>
          <GainOrLossAmt>8637</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8637</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>50 SHS LOCKHEED MARTIN CORP</PropertyDesc>
          <AcquiredDt>2009-09-08</AcquiredDt>
          <SoldDt>2014-10-29</SoldDt>
          <GrossSalesPriceAmt>9316</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3711</CostOrOtherBasisAmt>
          <GainOrLossAmt>5605</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5605</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>250 SHS M&amp;T BANK CORP</PropertyDesc>
          <AcquiredDt>2013-05-24</AcquiredDt>
          <SoldDt>2014-09-17</SoldDt>
          <GrossSalesPriceAmt>31482</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>25962</CostOrOtherBasisAmt>
          <GainOrLossAmt>5520</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5520</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>400 SHS MYLAN INC</PropertyDesc>
          <AcquiredDt>2012-11-26</AcquiredDt>
          <SoldDt>2014-07-23</SoldDt>
          <GrossSalesPriceAmt>21019</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>10740</CostOrOtherBasisAmt>
          <GainOrLossAmt>10279</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>10279</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 SHS MYLAN INC</PropertyDesc>
          <AcquiredDt>2012-11-26</AcquiredDt>
          <SoldDt>2014-10-29</SoldDt>
          <GrossSalesPriceAmt>25604</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>13425</CostOrOtherBasisAmt>
          <GainOrLossAmt>12179</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>12179</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 SHS NEWMONT MNG CORP</PropertyDesc>
          <AcquiredDt>2013-05-24</AcquiredDt>
          <SoldDt>2014-02-26</SoldDt>
          <GrossSalesPriceAmt>11866</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>16095</CostOrOtherBasisAmt>
          <GainOrLossAmt>-4229</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-4229</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>800 SHS ORACLE CORP COM</PropertyDesc>
          <AcquiredDt>2009-09-24</AcquiredDt>
          <SoldDt>2014-03-20</SoldDt>
          <GrossSalesPriceAmt>30775</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>16968</CostOrOtherBasisAmt>
          <GainOrLossAmt>13807</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>13807</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>140.1050 SHS T ROWE PRICE EMERGING MARKETS</PropertyDesc>
          <AcquiredDt>2010-06-14</AcquiredDt>
          <SoldDt>2014-03-28</SoldDt>
          <GrossSalesPriceAmt>4444</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4000</CostOrOtherBasisAmt>
          <GainOrLossAmt>444</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>444</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>146.947 SHS T ROWE PRICE EMERGING MARKETS</PropertyDesc>
          <AcquiredDt>2012-03-02</AcquiredDt>
          <SoldDt>2014-03-28</SoldDt>
          <GrossSalesPriceAmt>4661</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4880</CostOrOtherBasisAmt>
          <GainOrLossAmt>-219</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-219</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>154.31 SHS T ROWE PRICE EMERGING MARKETS</PropertyDesc>
          <AcquiredDt>2012-05-25</AcquiredDt>
          <SoldDt>2014-03-28</SoldDt>
          <GrossSalesPriceAmt>4895</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4401</CostOrOtherBasisAmt>
          <GainOrLossAmt>494</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>494</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>627.164 SHS T ROWE PRICE EMERGING MARKETS</PropertyDesc>
          <AcquiredDt>2009-07-29</AcquiredDt>
          <SoldDt>2014-10-29</SoldDt>
          <GrossSalesPriceAmt>21298</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>15466</CostOrOtherBasisAmt>
          <GainOrLossAmt>5832</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5832</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>91.132 SHS T ROWE PRICE EMERGING MARKETS</PropertyDesc>
          <AcquiredDt>2012-05-25</AcquiredDt>
          <SoldDt>2014-10-29</SoldDt>
          <GrossSalesPriceAmt>3095</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2599</CostOrOtherBasisAmt>
          <GainOrLossAmt>496</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>496</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>443.525 SHS T ROWE PRICE EMERGING MARKETS</PropertyDesc>
          <AcquiredDt>2013-05-24</AcquiredDt>
          <SoldDt>2014-10-29</SoldDt>
          <GrossSalesPriceAmt>15062</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>15000</CostOrOtherBasisAmt>
          <GainOrLossAmt>62</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>62</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100 SHS TIME WARNER CABLE INC</PropertyDesc>
          <AcquiredDt>2012-05-25</AcquiredDt>
          <SoldDt>2014-03-28</SoldDt>
          <GrossSalesPriceAmt>13530</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7703</CostOrOtherBasisAmt>
          <GainOrLossAmt>5827</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5827</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>200 SHS TIME WARNER CABLE INC</PropertyDesc>
          <AcquiredDt>2012-05-25</AcquiredDt>
          <SoldDt>2014-05-07</SoldDt>
          <GrossSalesPriceAmt>28225</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>15406</CostOrOtherBasisAmt>
          <GainOrLossAmt>12819</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>12819</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>200 SHS TYSON FOODS INC CL A</PropertyDesc>
          <AcquiredDt>2013-10-24</AcquiredDt>
          <SoldDt>2014-03-28</SoldDt>
          <GrossSalesPriceAmt>8594</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5700</CostOrOtherBasisAmt>
          <GainOrLossAmt>2894</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2894</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>300 SHS WALMART STORES INC</PropertyDesc>
          <AcquiredDt>2007-07-05</AcquiredDt>
          <SoldDt>2014-03-28</SoldDt>
          <GrossSalesPriceAmt>22809</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>14511</CostOrOtherBasisAmt>
          <GainOrLossAmt>8298</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8298</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 SHS WASTE MANAGEMENT</PropertyDesc>
          <AcquiredDt>2009-09-08</AcquiredDt>
          <SoldDt>2014-07-25</SoldDt>
          <GrossSalesPriceAmt>22045</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>15109</CostOrOtherBasisAmt>
          <GainOrLossAmt>6936</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>6936</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>.3333 SHS PARAGON OFFSHORE LTD</PropertyDesc>
          <AcquiredDt>2008-03-11</AcquiredDt>
          <SoldDt>2014-08-14</SoldDt>
          <GrossSalesPriceAmt>3</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6</CostOrOtherBasisAmt>
          <GainOrLossAmt>-3</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-3</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>166.3333 SHS PARAGON OFFSHORE LTD</PropertyDesc>
          <AcquiredDt>2008-03-11</AcquiredDt>
          <SoldDt>2014-09-17</SoldDt>
          <GrossSalesPriceAmt>1164</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2981</CostOrOtherBasisAmt>
          <GainOrLossAmt>-1817</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-1817</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>66.6667 SHS PARAGON OFFSHORE LTD</PropertyDesc>
          <AcquiredDt>2009-05-28</AcquiredDt>
          <SoldDt>2014-09-17</SoldDt>
          <GrossSalesPriceAmt>467</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>774</CostOrOtherBasisAmt>
          <GainOrLossAmt>-307</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-307</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAINS DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>16596</GrossSalesPriceAmt>
          <GainOrLossAmt>16596</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>16596</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>176122</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>0</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>90741</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>2250919</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.040313</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>105844</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>2061242</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.051350</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>91957</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>2033223</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.045227</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>89605</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>1947678</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.046006</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>108501</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>1801357</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.060233</DistributionYr5Rt>
        <TotalDistributionRt>0.243129</TotalDistributionRt>
        <AverageDistributionRt>0.048626</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>2448256</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>119049</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>2258</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>121307</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>100772</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>4515</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>4515</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>4515</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>4000</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>4000</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>2</EsPenaltyAmt>
        <TaxDueAmt>517</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>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>MI</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>DOMINIC MONASTIERE</IndividualWithBooksNm>
        <PhoneNum>9898920591</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>PERE MARQUETTE DEPOT-1000 ADAMS</AddressLine1Txt>
          <AddressLine2Txt>STREET</AddressLine2Txt>
          <CityNm>BAY CITY</CityNm>
          <StateAbbreviationCd>MI</StateAbbreviationCd>
          <ZIPCd>48708</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>
        <UndistrIncmSect4942a2NotAppInd referenceDocumentId="RetDoc2211200001">0</UndistrIncmSect4942a2NotAppInd>
        <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>DOMINIC MONASTIERE</PersonNm>
          <USAddress>
            <AddressLine1Txt>333 E MAIN</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48640</ZIPCd>
          </USAddress>
          <TitleTxt>TTEE/PRES/TREAS</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROBERT D SAROW</PersonNm>
          <USAddress>
            <AddressLine1Txt>900 CENTER AVE</AddressLine1Txt>
            <CityNm>BAY CITY</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48708</ZIPCd>
          </USAddress>
          <TitleTxt>TTEE/SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JEAN HILL</PersonNm>
          <USAddress>
            <AddressLine1Txt>6156 N ABBE ROAD</AddressLine1Txt>
            <CityNm>COMINS</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48619</ZIPCd>
          </USAddress>
          <TitleTxt>TTEE/V-P</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BARBARA L ENGELHARDT</PersonNm>
          <USAddress>
            <AddressLine1Txt>903 SAGINAW STREET</AddressLine1Txt>
            <CityNm>BAY CITY</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48708</ZIPCd>
          </USAddress>
          <TitleTxt>TTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>THOMAS H TABOR</PersonNm>
          <USAddress>
            <AddressLine1Txt>2313 VINA COURT</AddressLine1Txt>
            <CityNm>BAY CITY</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48708</ZIPCd>
          </USAddress>
          <TitleTxt>TTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</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>2413557</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>58482</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>13500</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2485539</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>2485539</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>37283</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2448256</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>122413</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>122413</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>4515</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>4515</TotalTaxAmt>
        <DistributableBeforeAdjAmt>117898</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>117898</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>117898</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>100772</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>100772</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>100772</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>117898</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>91865</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>100772</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>91865</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>8907</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>108991</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BAY AREA COMMUNITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1000 ADAMS ST</AddressLine1Txt>
            <CityNm>BAY CITY</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48708</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND-COLLEGE RESOURCE CENTER</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>DELTA COLLEGE FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1961 DELTA RD</AddressLine1Txt>
            <CityNm>UNIVERSITY CENTER</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48710</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>ALLIED SCIENCE BUILDING GRANT</GrantOrContributionPurposeTxt>
          <Amt>12500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BAY AREA COMMUNITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1000 ADAMS ST</AddressLine1Txt>
            <CityNm>BAY CITY</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48708</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND - ART &amp; SOL</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BAY AREA COMMUNITY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1000 ADAMS ST</AddressLine1Txt>
            <CityNm>BAY CITY</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48708</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND - COMM ADV NETWORK</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BAY CITY PLAYERS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1214 COLUMBUS AVE</AddressLine1Txt>
            <CityNm>BAY CITY</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48708</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND - CAPITAL CAMPAIGN</GrantOrContributionPurposeTxt>
          <Amt>25000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>BAY COUNTY WOMEN'S CENTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3411 EAST MIDLAND RD</AddressLine1Txt>
            <CityNm>BAY CITY</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48870</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND - SECURITY SYSTEM</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CHILD ABUSE AND NEGLECT COUNCIL</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1311 N MICHIGAN AVE</AddressLine1Txt>
            <CityNm>SAGINAW</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48602</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND - CASA PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GREAT LAKES BAY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>117 MAIN ST</AddressLine1Txt>
            <CityNm>FREELAND</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48623</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND - 2013 LEADERSHIP INSTITUTE</GrantOrContributionPurposeTxt>
          <Amt>1000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GREAT LAKES BAY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>117 MAIN ST</AddressLine1Txt>
            <CityNm>FREELAND</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48623</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND - LEADERSHIP INSTITUTE</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GREAT LAKES BAY FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>117 MAIN ST</AddressLine1Txt>
            <CityNm>FREELAND</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48623</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND - STEM INITIATIVE</GrantOrContributionPurposeTxt>
          <Amt>2500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOSPICE OF MICHIGAN</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>989 SPAULDING AVE SE</AddressLine1Txt>
            <CityNm>ADA</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>49301</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND - DEVELOPMENT OF HOSPICE PROGRAM FOR BAY COUNTY</GrantOrContributionPurposeTxt>
          <Amt>1500</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SVSU FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>7400 BAY RD</AddressLine1Txt>
            <CityNm>UNIVERSITY CENTER</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48710</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND - SCHOLARSHIP FOR SUCCESS</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE STATE THEATER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>913 WASHINGTON AVE</AddressLine1Txt>
            <CityNm>BAY CITY</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48708</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND - LIGHTING &amp; SOUND SYSTEM</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNITED WAY OF BAY COUNTY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>919 WASHINGTON AVE</AddressLine1Txt>
            <CityNm>BAY CITY</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48708</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND - COMM ADV NETWORK PROGRAM</GrantOrContributionPurposeTxt>
          <Amt>1250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>80500</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>12451</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>38365</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
        </OtherInvestmentIncmPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>176122</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>226938</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>226938</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>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>TAX PREPARATION AND ACCOUNTING</CategoryTxt>
        <Amt>2800</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2800</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorporateBondsGrp>
        <BondNm>BP CAP MKTS PLC NOTE</BondNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>AT&amp;T NOTE 2.95% DUE 5/15/2016</BondNm>
        <EOYBookValueAmt>50685</EOYBookValueAmt>
        <EOYFMVAmt>51263</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GENERAL ELECTRIC CAP CORP MTN</BondNm>
        <EOYBookValueAmt>49934</EOYBookValueAmt>
        <EOYFMVAmt>51213</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HEWLETT PACKARD CO NOTE</BondNm>
        <EOYBookValueAmt>52392</EOYBookValueAmt>
        <EOYFMVAmt>51339</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WESTPAC BANKING CORP MED TM NT</BondNm>
        <EOYBookValueAmt>24912</EOYBookValueAmt>
        <EOYFMVAmt>25269</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JPMORGAN CHASE &amp; CO</BondNm>
        <EOYBookValueAmt>25398</EOYBookValueAmt>
        <EOYFMVAmt>25238</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>THERMO FISHER</BondNm>
        <EOYBookValueAmt>25298</EOYBookValueAmt>
        <EOYFMVAmt>24803</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VODAFONE</BondNm>
        <EOYBookValueAmt>24506</EOYBookValueAmt>
        <EOYFMVAmt>24682</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ALTERA CORP 2.500% 11/15/18</BondNm>
        <EOYBookValueAmt>25352</EOYBookValueAmt>
        <EOYFMVAmt>25159</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>ASTRAZENICA PLC 1.950% 9/18/19</BondNm>
        <EOYBookValueAmt>24622</EOYBookValueAmt>
        <EOYFMVAmt>24949</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EMC CORP</BondNm>
        <EOYBookValueAmt>25048</EOYBookValueAmt>
        <EOYFMVAmt>24880</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>GILEAD SCIENCES INC 2.050% 4/01/19</BondNm>
        <EOYBookValueAmt>24922</EOYBookValueAmt>
        <EOYFMVAmt>25004</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>TEVA PHA FIN IV 2.250% 3/18/20</BondNm>
        <EOYBookValueAmt>24875</EOYBookValueAmt>
        <EOYFMVAmt>24557</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>CHEMICAL FINANCIAL CORP</StockNm>
        <EOYBookValueAmt>100963</EOYBookValueAmt>
        <EOYFMVAmt>154027</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CHEVRON CORP</StockNm>
        <EOYBookValueAmt>8317</EOYBookValueAmt>
        <EOYFMVAmt>22436</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EXXON MOBIL CORP COM</StockNm>
        <EOYBookValueAmt>8694</EOYBookValueAmt>
        <EOYFMVAmt>18490</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SBC COMMUNICATIONS INC/AT&amp;T NEW</StockNm>
        <EOYBookValueAmt>27842</EOYBookValueAmt>
        <EOYFMVAmt>20154</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JOHNSON &amp; JOHNSON</StockNm>
        <EOYBookValueAmt>17169</EOYBookValueAmt>
        <EOYFMVAmt>31371</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WALMART</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NOBLE CORPORATION</StockNm>
        <EOYBookValueAmt>26336</EOYBookValueAmt>
        <EOYFMVAmt>11599</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LOOMIS SAYLES SM CAP</StockNm>
        <EOYBookValueAmt>41449</EOYBookValueAmt>
        <EOYFMVAmt>53063</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>METLIFE</StockNm>
        <EOYBookValueAmt>27343</EOYBookValueAmt>
        <EOYFMVAmt>27045</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLE INC</StockNm>
        <EOYBookValueAmt>9171</EOYBookValueAmt>
        <EOYFMVAmt>38633</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APPLIED MATERIALS INC</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AUTOMATIC DATA PROCESSING, INC</StockNm>
        <EOYBookValueAmt>12986</EOYBookValueAmt>
        <EOYFMVAmt>33348</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DEERE &amp; CO</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ENTERGY CORP</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HARBOR INTL FUND #11</StockNm>
        <EOYBookValueAmt>145000</EOYBookValueAmt>
        <EOYFMVAmt>150444</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTERNATIONAL BUSINESS MACHINE</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LAZARD EMERGING MKT INST #638</StockNm>
        <EOYBookValueAmt>56530</EOYBookValueAmt>
        <EOYFMVAmt>55094</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>LOCKHEED MARTIN CORP</StockNm>
        <EOYBookValueAmt>11133</EOYBookValueAmt>
        <EOYFMVAmt>28886</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MCDONALDS CORP</StockNm>
        <EOYBookValueAmt>15826</EOYBookValueAmt>
        <EOYFMVAmt>23425</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ORACLE CORPORATION</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>T ROWE PRICE EMERGING MARKETS</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>WASTE MANAGEMENT INC.</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ALTRIA GROUP</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CELGENE CORP COM</StockNm>
        <EOYBookValueAmt>7897</EOYBookValueAmt>
        <EOYFMVAmt>33558</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GENUINE PARTS</StockNm>
        <EOYBookValueAmt>12276</EOYBookValueAmt>
        <EOYFMVAmt>31971</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>GILEAD SCIENCES INC</StockNm>
        <EOYBookValueAmt>4527</EOYBookValueAmt>
        <EOYFMVAmt>23565</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>KOHL'S CORP</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OPPENHEIMER INT'L GROWTH FUND</StockNm>
        <EOYBookValueAmt>120942</EOYBookValueAmt>
        <EOYFMVAmt>156738</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PRUDENTIAL FINANCIAL</StockNm>
        <EOYBookValueAmt>14857</EOYBookValueAmt>
        <EOYFMVAmt>27138</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HALLIBURTON CO.</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>QUALCOMM INCORPORATED</StockNm>
        <EOYBookValueAmt>24970</EOYBookValueAmt>
        <EOYFMVAmt>33449</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>UNITED PARCEL SERVICES</StockNm>
        <EOYBookValueAmt>21975</EOYBookValueAmt>
        <EOYFMVAmt>33351</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CVS/CAREMARK CORP</StockNm>
        <EOYBookValueAmt>16460</EOYBookValueAmt>
        <EOYFMVAmt>38524</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>DARDEN RESTAURANTS INC COM</StockNm>
        <EOYBookValueAmt>30829</EOYBookValueAmt>
        <EOYFMVAmt>35178</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>FIDELITY SMALL CAP DISCOVERY #384</StockNm>
        <EOYBookValueAmt>46500</EOYBookValueAmt>
        <EOYFMVAmt>58969</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HCP INC COM</StockNm>
        <EOYBookValueAmt>24690</EOYBookValueAmt>
        <EOYFMVAmt>26418</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>INTEL CORP COM</StockNm>
        <EOYBookValueAmt>23832</EOYBookValueAmt>
        <EOYFMVAmt>43548</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MARATHON OIL CORP</StockNm>
        <EOYBookValueAmt>20314</EOYBookValueAmt>
        <EOYFMVAmt>19803</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MYLAN INC</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TIME WARNER CABLE INC COM</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ABBVIE INC</StockNm>
        <EOYBookValueAmt>10210</EOYBookValueAmt>
        <EOYFMVAmt>26176</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AMERICAN ELEC PWR INC</StockNm>
        <EOYBookValueAmt>11992</EOYBookValueAmt>
        <EOYFMVAmt>15180</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CISCO SYSTEMS INC</StockNm>
        <EOYBookValueAmt>26892</EOYBookValueAmt>
        <EOYFMVAmt>33378</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EASTMAN CHEMICAL CO</StockNm>
        <EOYBookValueAmt>17857</EOYBookValueAmt>
        <EOYFMVAmt>18965</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>M &amp; T BANK CORP</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NEWMONT MNG</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TYSON FOODS INC CL A</StockNm>
        <EOYBookValueAmt>19950</EOYBookValueAmt>
        <EOYFMVAmt>28063</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>ACTAVIS PLC</StockNm>
        <EOYBookValueAmt>21903</EOYBookValueAmt>
        <EOYFMVAmt>25741</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AIR PRODUCTS &amp; CHEMICALS INC</StockNm>
        <EOYBookValueAmt>11755</EOYBookValueAmt>
        <EOYFMVAmt>14423</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>AVNET INC</StockNm>
        <EOYBookValueAmt>25920</EOYBookValueAmt>
        <EOYFMVAmt>25812</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CARNIVAL CORP</StockNm>
        <EOYBookValueAmt>27468</EOYBookValueAmt>
        <EOYFMVAmt>31731</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CDK GLOBAL HOLDINGS LLC</StockNm>
        <EOYBookValueAmt>1840</EOYBookValueAmt>
        <EOYFMVAmt>5421</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CONSTELLATION BRANDS INC</StockNm>
        <EOYBookValueAmt>25665</EOYBookValueAmt>
        <EOYFMVAmt>29451</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>CORNING INC</StockNm>
        <EOYBookValueAmt>23904</EOYBookValueAmt>
        <EOYFMVAmt>27516</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>EVEREST RE GROUP LIMITED</StockNm>
        <EOYBookValueAmt>22475</EOYBookValueAmt>
        <EOYFMVAmt>25545</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HOLLYFRONTIER CORPORATION</StockNm>
        <EOYBookValueAmt>19755</EOYBookValueAmt>
        <EOYFMVAmt>14992</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>HUMANA INC</StockNm>
        <EOYBookValueAmt>26576</EOYBookValueAmt>
        <EOYFMVAmt>28726</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MAGNA INTERNATIONAL INC</StockNm>
        <EOYBookValueAmt>22344</EOYBookValueAmt>
        <EOYFMVAmt>21738</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MERCK &amp; CO INC</StockNm>
        <EOYBookValueAmt>28165</EOYBookValueAmt>
        <EOYFMVAmt>28395</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>NORFOLK SOUTHERN CORP</StockNm>
        <EOYBookValueAmt>28869</EOYBookValueAmt>
        <EOYFMVAmt>32883</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>OPPENHEIMER DEVELOPING MKT-Y</StockNm>
        <EOYBookValueAmt>50000</EOYBookValueAmt>
        <EOYFMVAmt>45842</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>PG &amp; E CORP</StockNm>
        <EOYBookValueAmt>13509</EOYBookValueAmt>
        <EOYFMVAmt>15972</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SANDISK CORP</StockNm>
        <EOYBookValueAmt>32188</EOYBookValueAmt>
        <EOYFMVAmt>39192</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>TRINITY INDUSTRIES INC</StockNm>
        <EOYBookValueAmt>22590</EOYBookValueAmt>
        <EOYFMVAmt>14005</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="RetDoc2210400001">
      <USGovtObligationsBookVlEOYAmt>122376</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>122612</USGovtObligationsEOYFMVAmt>
      <StateLocalSecBookVlEOYAmt>0</StateLocalSecBookVlEOYAmt>
      <StateLocalSecEOYFMVAmt>0</StateLocalSecEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ROYALTY INTERESTS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>160</BookValueAmt>
        <EOYFMVAmt>160</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssetsScheduleGrp>
        <Desc>ACCRUED INTEREST</Desc>
        <BOYBookValueAmt>16</BOYBookValueAmt>
        <EOYBookValueAmt>18</EOYBookValueAmt>
        <EOYFMVAmt>18</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreasesDetail>
        <Desc>FOREIGN TAXES NOT DEDUCTIBLE - IN EXCESS OF TREATY AMOUNT</Desc>
        <Amt>15</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>265</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>265</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADMINISTRATIVE ASSISTANT SERVICES AND EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>665</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>665</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilitiesDetail>
        <Desc>FEDERAL EXCISE TAX</Desc>
        <BOYBookValueAmt>2566</BOYBookValueAmt>
        <EOYBookValueAmt>1517</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>TRUSTEE FEES</CategoryTxt>
        <Amt>16487</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>16487</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAXES</CategoryTxt>
        <Amt>210</Amt>
        <NetInvestmentIncomeAmt>210</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>STATE FILING FEE</CategoryTxt>
        <Amt>20</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>20</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>697</Amt>
        <NetInvestmentIncomeAmt>697</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAX</CategoryTxt>
        <Amt>4517</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>