﻿<?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="2013v3.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2014-11-14T10:54:57-06:00</ReturnTs>
    <TaxPeriodEndDt>2014-06-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>942913900</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1>NOELL AGNEW &amp; MORSE LLP</BusinessNameLine1>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1>1001 NORTH DEMAREE</AddressLine1>
        <City>VISALIA</City>
        <State>CA</State>
        <ZIPCode>932914101</ZIPCode>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2013-07-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>412261098</EIN>
      <BusinessName>
        <BusinessNameLine1>REAP FOUNDATION</BusinessNameLine1>
      </BusinessName>
      <BusinessNameControlTxt>REAP</BusinessNameControlTxt>
      <PhoneNum>5413865598</PhoneNum>
      <USAddress>
        <AddressLine1>3004 FIR MOUNTAIN ROAD</AddressLine1>
        <City>HOOD RIVER</City>
        <State>OR</State>
        <ZIPCode>97031</ZIPCode>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>DAVID EVANS</PersonNm>
      <PersonTitleTxt>SECRETARY</PersonTitleTxt>
      <PhoneNum>5413865598</PhoneNum>
      <SignatureDt>2014-11-05</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>MARTHEA V NOELL</PreparerPersonNm>
      <PTIN>P00436712</PTIN>
      <PhoneNum>5597335500</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2013</TaxYr>
    <BuildTS>2015-12-30 17:16:21Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="6">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>699199</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>180025</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>55</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>55</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>11293</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>11293</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>1640</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>1640</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>1640</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>193013</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>12988</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002300001">1732</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>1732</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>0</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">210</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>0</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>0</TaxesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>1942</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>1732</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>86325</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>86325</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>88267</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>1732</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>86325</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>104746</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>11256</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>51122</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>75629</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>75629</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>60343</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">61577</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>85423</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>464214</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2044400001">543219</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>538147</CorporateBondsEOYFMVAmt>
        <TotalAssetsBOYAmt>575679</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>680425</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>699199</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>0</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>0</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>0</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>0</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>575679</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>680425</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>575679</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>680425</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>575679</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>680425</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>575679</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>104746</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>680425</SubtotalAmt>
        <OtherDecreasesAmt>0</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>680425</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAINS DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>1640</GrossSalesPriceAmt>
          <GainOrLossAmt>1640</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1640</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>1640</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>0</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>92390</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>485073</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.190466</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>87541</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>360890</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.242570</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>110260</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>277664</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.397099</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>3000</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>103239</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.029059</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>1980</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>63146</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.031356</DistributionYr5Rt>
        <TotalDistributionRt>0.890550</TotalDistributionRt>
        <AverageDistributionRt>0.178110</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>637000</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>113456</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>113</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>113569</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>86325</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>225</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>225</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>225</TaxBasedOnInvestmentIncomeAmt>
        <TotalPaymentsAndCreditsAmt>0</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>225</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>0</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>CA</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>POLLY EVANS</IndividualWithBooksNm>
        <PhoneNum>5413865598</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1>3004 FIR MOUNTAIN ROAD</AddressLine1>
          <City>HOOD RIVER</City>
          <State>OR</State>
          <ZIPCode>97031</ZIPCode>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>0</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DAVID O EVANS</PersonNm>
          <USAddress>
            <AddressLine1>3004 FIR MOUNTAIN ROAD</AddressLine1>
            <City>HOOD RIVER</City>
            <State>OR</State>
            <ZIPCode>97031</ZIPCode>
          </USAddress>
          <TitleTxt>DIRECTOR, PRESIDENT/CHAIRM</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>POLLY M EVANS</PersonNm>
          <USAddress>
            <AddressLine1>3004 FIR MOUNTAIN ROAD</AddressLine1>
            <City>HOOD RIVER</City>
            <State>OR</State>
            <ZIPCode>97031</ZIPCode>
          </USAddress>
          <TitleTxt>DIRECTOR, CFO/SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>578883</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>67818</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>646701</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>646701</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>9701</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>637000</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>31850</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>31850</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>225</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>225</TotalTaxAmt>
        <DistributableBeforeAdjAmt>31625</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>31625</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>31625</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>86325</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>86325</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>86325</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>31625</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr2Amt>61172</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>68360</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>129532</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>86325</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>31625</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>54700</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>184232</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>184232</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear2Amt>61172</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>68360</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>54700</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>DAVID O EVANS</ContributingManagerNm>
        <ContributingManagerNm>POLLY M EVANS</ContributingManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>HOOD RIVER COUNTY SMART</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 51</AddressLine1>
            <City>HOOD RIVER</City>
            <State>OR</State>
            <ZIPCode>97031</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>LINDSAY UNIFIED SCHOOL DISTRICT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>371 E HERMOSA</AddressLine1>
            <City>LINDSAY</City>
            <State>CA</State>
            <ZIPCode>93247</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC SCHOOL</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>75275</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>ST ANNE'S SCHOLARSHIP - ROMAN CATHOLIC DIOCESE OF FRESNO</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1550 NORTH FRESNO STREET</AddressLine1>
            <City>FRESNO</City>
            <State>CA</State>
            <ZIPCode>93703</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>4050</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>PARKDALE SCHOLARSHIP COMMITTEE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>7680 COOPER SPUR RD</AddressLine1>
            <City>PARKDALE</City>
            <State>OR</State>
            <ZIPCode>97041</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)3</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CONTRIBUTION TO GENERAL FUNDCONTRIBUTION TO GENERAL FUND</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>86325</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>55</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>11293</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1640</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>12988</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>12988</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>DAVID AND POLLY EVANS</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1>3004 FIR MOUNTAIN ROAD</AddressLine1>
          <City>HOOD RIVER</City>
          <State>OR</State>
          <ZIPCode>97031</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>130025</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
      <ContributorInformationGrp>
        <ContributorNum>2</ContributorNum>
        <ContributorPersonNm>ROBERT AND BETSEY RENIERS</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1>710 NORTH SILVERVALE DRIVE</AddressLine1>
          <City>VISALIA</City>
          <State>CA</State>
          <ZIPCode>93291</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>50000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorporateBondsGrp>
        <BondNm>HARBOR BOND FUND INSTITUTIONAL CLASS</BondNm>
        <EOYBookValueAmt>118462</EOYBookValueAmt>
        <EOYFMVAmt>115034</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>PIMCO LOW DURATION FUND INSTITUTIONAL</BondNm>
        <EOYBookValueAmt>114780</EOYBookValueAmt>
        <EOYFMVAmt>112847</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>T ROWE PRICE HIGH YIELD</BondNm>
        <EOYBookValueAmt>56657</EOYBookValueAmt>
        <EOYFMVAmt>60072</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>T ROWE PRICE SHORT-TERM BOND</BondNm>
        <EOYBookValueAmt>126771</EOYBookValueAmt>
        <EOYFMVAmt>125152</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VANGUARD SHORT-TERM BOND PORTFOLIO</BondNm>
        <EOYBookValueAmt>126549</EOYBookValueAmt>
        <EOYFMVAmt>125042</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>SEQUOIA FUND</StockNm>
        <EOYBookValueAmt>32694</EOYBookValueAmt>
        <EOYFMVAmt>47144</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPDR DOW JONES INDL AVERAGE ETF TR UNIT</StockNm>
        <EOYBookValueAmt>28883</EOYBookValueAmt>
        <EOYFMVAmt>38279</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>BROKER ADVISORY FEES</CategoryTxt>
        <Amt>1732</Amt>
        <NetInvestmentIncomeAmt>1732</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES</CategoryTxt>
        <Amt>85</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>RRF FEES</CategoryTxt>
        <Amt>125</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>