﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2013v3.1" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2014-11-17T13:33:17-08:00</ReturnTs>
    <TaxPeriodEndDt>2014-06-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1>HENRY &amp; PETERS PC</BusinessNameLine1>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1>3310 S BROADWAY AVE STE 100</AddressLine1>
        <City>TYLER</City>
        <State>TX</State>
        <ZIPCode>75701</ZIPCode>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2013-07-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>752834784</EIN>
      <BusinessName>
        <BusinessNameLine1>HOEFFNER FOUNDATION</BusinessNameLine1>
      </BusinessName>
      <BusinessNameControlTxt>HOEF</BusinessNameControlTxt>
      <PhoneNum>9035937387</PhoneNum>
      <USAddress>
        <AddressLine1>PO BOX 4726</AddressLine1>
        <City>TYLER</City>
        <State>TX</State>
        <ZIPCode>75712</ZIPCode>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>SANDRA J HOEFFNER</PersonNm>
      <PersonTitleTxt>President</PersonTitleTxt>
      <SignatureDt>2014-11-14</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>Jeffrey L Geese</PreparerPersonNm>
      <PTIN>P00041276</PTIN>
      <PhoneNum>9035976311</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2013</TaxYr>
    <BuildTS>2015-12-30 17:16:21Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="8">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation 990PFBinaryAttachments.1 990PFBinaryAttachments.2" softwareId="13000170" softwareVersion="2013v3.1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>4105038</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>90000</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>12754</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>12754</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>148584</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>148584</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>191693</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>671196</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>191693</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>443031</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>353031</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule">3675</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>3675</AccountingFeesNetInvstIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OtherProfessionalFeesSchedule">11596</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>11596</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">3020</TaxesRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">215</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>215</OtherExpensesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>18506</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>15486</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>216950</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>216950</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>235456</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>15486</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>216950</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>207575</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>337545</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>185628</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>126581</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>126581</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>1749022</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestmentsCorpStockSchedule">1789914</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>3090382</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>655389</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="InvestmentsCorpBondsSchedule">881119</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>888075</CorporateBondsEOYFMVAmt>
        <TotalAssetsBOYAmt>2590039</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>2797614</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>4105038</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <RetainedEarningBOYAmt>2590039</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>2797614</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>2590039</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>2797614</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>2590039</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>2797614</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>2590039</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>207575</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>2797614</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>2797614</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>3000 ALCOA INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>27465</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>30525</CostOrOtherBasisAmt>
          <GainOrLossAmt>-3060</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-3060</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>688 ALLSTATE CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>37520</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>22066</CostOrOtherBasisAmt>
          <GainOrLossAmt>15454</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>15454</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>634 AT&amp;T INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>22352</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>13016</CostOrOtherBasisAmt>
          <GainOrLossAmt>9336</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>9336</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>166 CATERPILLAR INCORPORATED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>13719</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>9983</CostOrOtherBasisAmt>
          <GainOrLossAmt>3736</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3736</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>37 CHEVRON CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>4578</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1963</CostOrOtherBasisAmt>
          <GainOrLossAmt>2615</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2615</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>104 COCA-COLA COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>4186</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3082</CostOrOtherBasisAmt>
          <GainOrLossAmt>1104</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1104</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>145 CONOCOPHILLIPS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>10718</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5846</CostOrOtherBasisAmt>
          <GainOrLossAmt>4872</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4872</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>113 CST BRANDS INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>3682</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2241</CostOrOtherBasisAmt>
          <GainOrLossAmt>1441</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1441</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>299 CVS CAREMARK CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>19884</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8027</CostOrOtherBasisAmt>
          <GainOrLossAmt>11857</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>11857</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>302 DEERE &amp; COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>25584</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>19713</CostOrOtherBasisAmt>
          <GainOrLossAmt>5871</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5871</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>61 EXXON MOBIL CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>5781</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4613</CostOrOtherBasisAmt>
          <GainOrLossAmt>1168</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1168</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>30 EXXON MOBIL CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>2843</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1708</CostOrOtherBasisAmt>
          <GainOrLossAmt>1135</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1135</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>1717 FINANCIAL SECTOR SPDR</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>36718</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>28322</CostOrOtherBasisAmt>
          <GainOrLossAmt>8396</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8396</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>174 GENERAL ELECTRIC COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>4690</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5785</CostOrOtherBasisAmt>
          <GainOrLossAmt>-1095</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-1095</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>107 GENERAL ELECTRIC COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>2884</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3991</CostOrOtherBasisAmt>
          <GainOrLossAmt>-1107</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-1107</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>92 GENERAL ELECTRIC COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>2480</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3335</CostOrOtherBasisAmt>
          <GainOrLossAmt>-855</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-855</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>107 HEWLETT PACKARD COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>2702</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5025</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2323</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2323</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>300 HONEYWELL INTERNATIONAL INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>26557</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11057</CostOrOtherBasisAmt>
          <GainOrLossAmt>15500</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>15500</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>363 INTEL CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>1999-07-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>8659</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11111</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2452</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2452</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>18 INTERNATIONAL BUSINESS MACHINES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>3260</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1329</CostOrOtherBasisAmt>
          <GainOrLossAmt>1931</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1931</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>164 JPMORGAN CHASE &amp; CO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>9388</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5784</CostOrOtherBasisAmt>
          <GainOrLossAmt>3604</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3604</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>207 MCDONALDS CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>20353</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11542</CostOrOtherBasisAmt>
          <GainOrLossAmt>8811</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8811</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>348 METLIFE INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>18232</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>13026</CostOrOtherBasisAmt>
          <GainOrLossAmt>5206</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5206</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>179 PFIZER INCORPORATED</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>5730</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3127</CostOrOtherBasisAmt>
          <GainOrLossAmt>2603</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2603</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>33 PROCTOR &amp; GAMBLE COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>2801</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1839</CostOrOtherBasisAmt>
          <GainOrLossAmt>962</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>962</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>270 PROCTOR &amp; GAMBLE COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>22916</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17338</CostOrOtherBasisAmt>
          <GainOrLossAmt>5578</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5578</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>167 QUALCOMM INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>12176</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8630</CostOrOtherBasisAmt>
          <GainOrLossAmt>3546</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3546</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>118 ST JUDE MEDICAL INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>6823</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4960</CostOrOtherBasisAmt>
          <GainOrLossAmt>1863</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1863</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>125 STRYKER CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>9267</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7169</CostOrOtherBasisAmt>
          <GainOrLossAmt>2098</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2098</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>800 SYSCO CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>27116</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>24083</CostOrOtherBasisAmt>
          <GainOrLossAmt>3033</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3033</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>73 TARGET CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>4624</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3538</CostOrOtherBasisAmt>
          <GainOrLossAmt>1086</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1086</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>200 UNITEDHEALTH GROUP INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>14675</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>10276</CostOrOtherBasisAmt>
          <GainOrLossAmt>4399</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4399</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>711 VALERO ENERGY CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>30882</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17026</CostOrOtherBasisAmt>
          <GainOrLossAmt>13856</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>13856</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>263 VERIZON COMMUNICATIONS COM</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>13170</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7224</CostOrOtherBasisAmt>
          <GainOrLossAmt>5946</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5946</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>500 WILLIAMS COMPANIES INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2013-11-27</SoldDt>
          <GrossSalesPriceAmt>17607</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>9314</CostOrOtherBasisAmt>
          <GainOrLossAmt>8293</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8293</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>50000 GENERAL ELEC CAP 2.1%</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2011-05-02</AcquiredDt>
          <SoldDt>2014-01-07</SoldDt>
          <GrossSalesPriceAmt>50000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>50000</CostOrOtherBasisAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>296 AT&amp;T INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-05-09</SoldDt>
          <GrossSalesPriceAmt>10515</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7191</CostOrOtherBasisAmt>
          <GainOrLossAmt>3324</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3324</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>121 CHEVRON CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-05-09</SoldDt>
          <GrossSalesPriceAmt>15134</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6421</CostOrOtherBasisAmt>
          <GainOrLossAmt>8713</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>8713</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>363 COCA-COLA COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-05-09</SoldDt>
          <GrossSalesPriceAmt>14682</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>10756</CostOrOtherBasisAmt>
          <GainOrLossAmt>3926</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3926</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>152 EXXON MOBIL CORP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-05-09</SoldDt>
          <GrossSalesPriceAmt>15644</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>8656</CostOrOtherBasisAmt>
          <GainOrLossAmt>6988</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>6988</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>82 JOHNSON &amp; JOHNSON</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-05-09</SoldDt>
          <GrossSalesPriceAmt>8172</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4998</CostOrOtherBasisAmt>
          <GainOrLossAmt>3174</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3174</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>170 PEPSICO INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-05-09</SoldDt>
          <GrossSalesPriceAmt>14534</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>9675</CostOrOtherBasisAmt>
          <GainOrLossAmt>4859</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4859</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>120 PRAXAIR INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2013-11-27</AcquiredDt>
          <SoldDt>2014-05-09</SoldDt>
          <GrossSalesPriceAmt>15684</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>15112</CostOrOtherBasisAmt>
          <GainOrLossAmt>572</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>572</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>166 PROCTOR &amp; GAMBLE COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-05-09</SoldDt>
          <GrossSalesPriceAmt>13478</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>9252</CostOrOtherBasisAmt>
          <GainOrLossAmt>4226</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4226</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>184 VERIZON COMMUNICATIONS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-05-09</SoldDt>
          <GrossSalesPriceAmt>8710</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5054</CostOrOtherBasisAmt>
          <GainOrLossAmt>3656</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3656</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>54 DEERE &amp; COMPANY</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-06-12</SoldDt>
          <GrossSalesPriceAmt>5019</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4417</CostOrOtherBasisAmt>
          <GainOrLossAmt>602</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>602</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>40 ISHARES NORTH AMERICAN TECH</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-06-12</SoldDt>
          <GrossSalesPriceAmt>3762</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2549</CostOrOtherBasisAmt>
          <GainOrLossAmt>1213</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1213</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>44 JPMORGAN CHASE &amp; CO</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-06-12</SoldDt>
          <GrossSalesPriceAmt>2527</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1552</CostOrOtherBasisAmt>
          <GainOrLossAmt>975</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>975</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>48 MCDONALDS CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-06-12</SoldDt>
          <GrossSalesPriceAmt>4863</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2676</CostOrOtherBasisAmt>
          <GainOrLossAmt>2187</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2187</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>46 METLIFE INC</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-06-12</SoldDt>
          <GrossSalesPriceAmt>2505</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1722</CostOrOtherBasisAmt>
          <GainOrLossAmt>783</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>783</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>72 VALERO ENERGY CORPORATION</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2012-01-01</AcquiredDt>
          <SoldDt>2014-06-12</SoldDt>
          <GrossSalesPriceAmt>3945</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1858</CostOrOtherBasisAmt>
          <GainOrLossAmt>2087</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2087</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>191693</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>572</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>47850</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>3402236</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.01406</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>145575</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>3051555</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.04771</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>154025</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>2778578</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.05543</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>165100</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>2545553</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.06486</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>184025</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>2626668</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.07006</DistributionYr5Rt>
        <TotalDistributionRt>0.25212</TotalDistributionRt>
        <AverageDistributionRt>0.05042</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>3847456</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>194004</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>3375</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>197379</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>216950</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>3375</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>3375</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>3375</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>3200</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>3200</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>175</TaxDueAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>false</Form990TFiledInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>TX</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1>BRAD HOEFFNER</BusinessNameLine1>
        </PersonsWithBooksName>
        <PhoneNum>9035937387</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1>PO BOX 4726</AddressLine1>
          <City>TYLER</City>
          <State>TX</State>
          <ZIPCode>75712</ZIPCode>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>false</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <UndistrIncmSect4942a2NotAppInd>false</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <ExcessBusinessHoldingsInd>false</ExcessBusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <TransactionsFailToQlfyAsExcInd>false</TransactionsFailToQlfyAsExcInd>
        <MaintainedExpenditureRspnsInd>false</MaintainedExpenditureRspnsInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <ProceedsOrNetIncomeInd>false</ProceedsOrNetIncomeInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>SANDRA J HOEFFNER</PersonNm>
          <USAddress>
            <AddressLine1>PO BOX 4726</AddressLine1>
            <City>TYLER</City>
            <State>TX</State>
            <ZIPCode>757124726</ZIPCode>
          </USAddress>
          <TitleTxt>President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>HOLLY JO HOEFFNER KAPLAN</PersonNm>
          <USAddress>
            <AddressLine1>PO BOX 025240</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>331025240</ZIPCode>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>NOELLE HOEFFNER BARR</PersonNm>
          <USAddress>
            <AddressLine1>6150 PIPING ROCK</AddressLine1>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77057</ZIPCode>
          </USAddress>
          <TitleTxt>Vice President</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>HEATHER LYNN HOEFFNER</PersonNm>
          <USAddress>
            <AddressLine1>3355 BLACKBURN APT 4103</AddressLine1>
            <City>DALLAS</City>
            <State>TX</State>
            <ZIPCode>75204</ZIPCode>
          </USAddress>
          <TitleTxt>Secr-Treasurer</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>3749942</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>156105</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>3906047</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>3906047</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>58591</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>3847456</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>192373</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>192373</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>3375</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>3375</TotalTaxAmt>
        <DistributableBeforeAdjAmt>188998</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>188998</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>188998</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>216950</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>216950</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>3375</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>213575</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>188998</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>42523</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>40373</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>17940</ExcessDistributionCyovYr3Amt>
        <TotalExcessDistributionCyovAmt>100836</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>216950</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>128788</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>88162</AppliedToCurrentYearAmt>
        <ExcessDistriCyovAppCYCorpusAmt>100836</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>100836</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>128788</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovToNextYrAmt>128788</ExcessDistriCyovToNextYrAmt>
        <ExcessFromCurrentYearAmt>128788</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>ATTN SANDRA HOEFFNER PRESIDENT</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 4726</AddressLine1>
            <City>TYLER</City>
            <State>TX</State>
            <ZIPCode>757124726</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNum>9035937387</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>NO FORMAL APPLICATION FORM - CHARITABLE ORGANIZATIONS MUST SUBMIT REQUEST FOR FINANCIAL ASSISTANCE IN WRITING AND ATTACH A COPY OF THEIR 501C(3) DETERMINATION LETTER FROM THE IRS.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>N/A</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>N/A</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientPersonNm>SEE STATEMENT 7</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>VARIOUS</AddressLine1>
            <City>VARIOUS</City>
            <State>TX</State>
            <ZIPCode>75701</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>N/A</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>CHARITABLE CONTRIBUTION</GrantOrContributionPurposeTxt>
          <Amt>216950</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>216950</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>12754</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>148584</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>191693</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>353031</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>353031</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB" softwareId="13000170" softwareVersion="2013v3.1">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>REX-HIDE INDUSTRIES INC</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1>PO BOX 4726</AddressLine1>
          <City>TYLER</City>
          <State>TX</State>
          <ZIPCode>75712</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>90000</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="13000170" softwareVersion="2013v3.1">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>3675</Amt>
        <NetInvestmentIncomeAmt>3675</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="InvestmentsCorpBondsSchedule" softwareId="13000170" softwareVersion="2013v3.1">
      <InvestmentsCorporateBondsGrp>
        <BondNm>CORPORATE BONDS</BondNm>
        <EOYBookValueAmt>881119</EOYBookValueAmt>
        <EOYFMVAmt>888075</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="13000170" softwareVersion="2013v3.1">
      <InvestmentsCorporateStockGrp>
        <StockNm>CORPORATE STOCKS</StockNm>
        <EOYBookValueAmt>1789914</EOYBookValueAmt>
        <EOYFMVAmt>3090382</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="13000170" softwareVersion="2013v3.1">
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS</Desc>
        <RevenueAndExpensesPerBooksAmt>215</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>215</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="13000170" softwareVersion="2013v3.1">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>FIDUCIARY FEES</CategoryTxt>
        <Amt>11596</Amt>
        <NetInvestmentIncomeAmt>11596</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="13000170" softwareVersion="2013v3.1">
      <TaxesDetail>
        <CategoryTxt>TAX DUE WITH 2012 990-PF &amp; 990-T</CategoryTxt>
        <Amt>119</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>TAX DUE WITH 2013 990-PF &amp; 990-T</CategoryTxt>
        <Amt>2901</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>