﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2013v3.1">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2014-08-12T08:14:42-05:00</ReturnTs>
    <TaxPeriodEndDt>2013-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1>MCGLADREY LLP</BusinessNameLine1>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1>1400 POST OAK BLVD STE 900</AddressLine1>
        <City>HOUSTON</City>
        <State>TX</State>
        <ZIPCode>770563009</ZIPCode>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2013-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>760699250</EIN>
      <BusinessName>
        <BusinessNameLine1>HILDEBRAND FOUNDATION</BusinessNameLine1>
      </BusinessName>
      <InCareOfNm>% JOHN LARSEN</InCareOfNm>
      <BusinessNameControlTxt>HILD</BusinessNameControlTxt>
      <PhoneNum>7132092400</PhoneNum>
      <USAddress>
        <AddressLine1>PO BOX 1308</AddressLine1>
        <AddressLine2>Suite</AddressLine2>
        <City>HOUSTON</City>
        <State>TX</State>
        <ZIPCode>772511308</ZIPCode>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>JEFF HILDEBRAND</PersonNm>
      <PersonTitleTxt>PRESIDENT</PersonTitleTxt>
      <PhoneNum>7132092400</PhoneNum>
      <SignatureDt>2014-08-15</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>JONATHAN D ADINOLFI</PreparerPersonNm>
      <PhoneNum>7136253500</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2013</TaxYr>
    <BuildTS>2015-12-30 17:16:21Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="10">
    <IRS990PF documentId="IRS990PF">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>156484487</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>42403</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>95471</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>95471</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>2728054</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>2720319</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>3977487</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>55080600</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>3977487</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>6843415</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>6793277</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSch">12707</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>6353</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesAdjNetIncmAmt>0</AccountingFeesAdjNetIncmAmt>
        <AccountingFeesChrtblPrpsAmt>6354</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OthProfFeesSch">296309</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>296033</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule">171294</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>21294</TaxesNetInvstIncmAmt>
        <TotOprExpensesRevAndExpnssAmt>480310</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>323680</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>0</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>6354</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>28296250</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>28296250</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>28776560</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>323680</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>0</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>28302604</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>-21933145</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>6469597</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>106290338</CashBOYAmt>
        <CashEOYAmt>27580107</CashEOYAmt>
        <CashEOYFMVAmt>27580107</CashEOYFMVAmt>
        <AcctRcvblAmt>86365</AcctRcvblAmt>
        <AcctRcvblBOYAmt>2356211</AcctRcvblBOYAmt>
        <AcctRcvblEOYAmt>86365</AcctRcvblEOYAmt>
        <CorporateStockBOYAmt>56088578</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="InvestCorpStockSch">115135510</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>128904380</CorporateStockEOYFMVAmt>
        <TotalAssetsBOYAmt>164735127</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>142801982</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>156484487</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
        <UnrestrictedBOYAmt>164735127</UnrestrictedBOYAmt>
        <UnrestrictedEOYAmt>142801982</UnrestrictedEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>164735127</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>142801982</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>164735127</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>142801982</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>164735127</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>-21933145</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>142801982</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>142801982</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BNY MELLON #88000-SEE ATTACHED STATEMENT</PropertyDesc>
          <GrossSalesPriceAmt>13377528</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11616256</CostOrOtherBasisAmt>
          <GainOrLossAmt>1761272</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1761272</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BNY MELLON #88000-SEE ATTACHED STATEMENT</PropertyDesc>
          <GrossSalesPriceAmt>7698236</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5059654</CostOrOtherBasisAmt>
          <GainOrLossAmt>2638582</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2638582</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BNY MELLON #88010-SEE ATTACHED STATEMENT</PropertyDesc>
          <GrossSalesPriceAmt>17880464</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17838486</CostOrOtherBasisAmt>
          <GainOrLossAmt>41978</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>41978</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BNY MELLON #88010-SEE ATTACHED STATEMENT</PropertyDesc>
          <GrossSalesPriceAmt>1722340</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>1685626</CostOrOtherBasisAmt>
          <GainOrLossAmt>36714</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>36714</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BNY MELLON #88020-SEE ATTACHED STATEMENT</PropertyDesc>
          <GrossSalesPriceAmt>4058713</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4238557</CostOrOtherBasisAmt>
          <GainOrLossAmt>-179844</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-179844</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BNY MELLON #88030-SEE ATTACHED STATEMENT</PropertyDesc>
          <GrossSalesPriceAmt>10035373</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>10368449</CostOrOtherBasisAmt>
          <GainOrLossAmt>-333076</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-333076</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>BNY MELLON #88030 WASH SALES-SEE ATTACHED STATEMENT</PropertyDesc>
          <GrossSalesPriceAmt>292211</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>303892</CostOrOtherBasisAmt>
          <GainOrLossAmt>-3874</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-11681</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>15735</GainOrLossAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>3977487</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>false</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>9204832</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>78334986</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.117506</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>2940718</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>26883524</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.109387</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>1711214</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>18561595</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.092191</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>1514345</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>13327971</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.113622</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>1793236</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>15242389</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.117648</DistributionYr5Rt>
        <TotalDistributionRt>0.550354</TotalDistributionRt>
        <AverageDistributionRt>0.110071</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>154713697</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>17029491</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>64696</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>17094187</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>28302604</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>64696</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>64696</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>64696</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>73762</EstimatedPlusOvpmtIncmTxAmt>
        <AppliedToEsTaxAmt>50000</AppliedToEsTaxAmt>
        <TotalPaymentsAndCreditsAmt>123762</TotalPaymentsAndCreditsAmt>
        <OverpaymentAmt>59066</OverpaymentAmt>
        <AppliedToESTaxAmt>59066</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd referenceDocumentId="BinaryAttach">false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd referenceDocumentId="BinaryAttach">false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd referenceDocumentId="BinaryAttach">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>
        <PersonsWithBooksName>
          <BusinessNameLine1>JOHN LARSEN</BusinessNameLine1>
        </PersonsWithBooksName>
        <PhoneNum>7132092400</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1>1201 LOUISIANA SUITE 1400</AddressLine1>
          <City>HOUSTON</City>
          <State>TX</State>
          <ZIPCode>770025600</ZIPCode>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>true</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <ActsFailToQlfyAsExceptionsInd>0</ActsFailToQlfyAsExceptionsInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <ProceedsOrNetIncomeInd>false</ProceedsOrNetIncomeInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm referenceDocumentId="CompensationExpl">JEFFERY D HILDEBRAND</PersonNm>
          <USAddress>
            <AddressLine1>1201 LOUISIANA SUITE 1400</AddressLine1>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77002</ZIPCode>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>2.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm referenceDocumentId="CompensationExpl">MELINDA B HILDEBRAND</PersonNm>
          <USAddress>
            <AddressLine1>1201 LOUISIANA SUITE 1400</AddressLine1>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77002</ZIPCode>
          </USAddress>
          <TitleTxt>VICE PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm referenceDocumentId="CompensationExpl">JEAN-PAUL BUDINGER</PersonNm>
          <USAddress>
            <AddressLine1>1201 LOUISIANA SUITE 1400</AddressLine1>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77002</ZIPCode>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.0</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>N/A</Description1Txt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp />
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>95182008</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>61887735</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>157069743</TotalFMVOfUnusedAssetsAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>157069743</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>2356046</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>154713697</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>7735685</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>7735685</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>64696</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>64696</TotalTaxAmt>
        <DistributableBeforeAdjAmt>7670989</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>7670989</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>7670989</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>28302604</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <CharitableAssetsAcquisPaidAmt>0</CharitableAssetsAcquisPaidAmt>
        <SetAsideSuitabilityTestAmt>0</SetAsideSuitabilityTestAmt>
        <SetAsideCashDistriTestAmt>0</SetAsideCashDistriTestAmt>
        <QualifyingDistributionsAmt>28302604</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>64696</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>28237908</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>7670989</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <PriorYear1Yr>2011</PriorYear1Yr>
        <PriorYear2Yr>2010</PriorYear2Yr>
        <PriorYear3Yr>2009</PriorYear3Yr>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>685674</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>852612</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>853696</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>2994537</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>5549031</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>10935550</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>28302604</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>7670989</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>20631615</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>31567165</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>685674</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>30881491</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>852612</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>853696</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>2994537</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>5549031</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>20631615</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp />
      <SupplementaryInformationGrp>
        <ContributingManagerNm>JEFFERY MELINDA HILDEBRAND</ContributingManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>JOHN LARSEN</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>1201 LOUISIANA SUITE 1400</AddressLine1>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77002</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNum>7132092400</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>CHARITIES SHOULD SUBMIT A REQUEST IN WRITING, ON THE CHARITY'S LETTERHEAD, REQUESTING THE DONATION THEY ARE SEEKING AS WELL AS THE PURPOSE THE DONATION WILL SERVE.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>NONE</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>SEE ATTACHMENT 10</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>SEE ATTACHMENT 10</AddressLine1>
            <City>SEE ATTACHMENT</City>
            <State>TX</State>
            <ZIPCode>77002</ZIPCode>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>SEE ATTACHMENT 10</GrantOrContributionPurposeTxt>
          <Amt>28296250</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>28296250</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>95471</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2728054</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncmPartVIIGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>3977487</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>6801012</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>6801012</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>JEFF AND MINDY HILDEBRAND</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1>1201 LOUISIANA SUITE 1400</AddressLine1>
          <City>HOUSTON</City>
          <State>TX</State>
          <ZIPCode>77002</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>42403</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFeesDetail>
        <CategoryTxt>TAX PREP FEES</CategoryTxt>
        <Amt>12707</Amt>
        <NetInvestmentIncomeAmt>6353</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>6354</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <CompensationExplanation documentId="CompensationExpl">
      <CompensationExplanationGrp>
        <PersonNm>JEFFERY D HILDEBRAND</PersonNm>
        <ShortExplanationTxt>A CORPORATION OWNED BY MR. &amp; MRS HILDEBRAND IS PAID A FEE TO PROVIDE BOOKKEEPING AND ADMINISTRATIVE SERVICES FOR THE FOUNDATION.</ShortExplanationTxt>
      </CompensationExplanationGrp>
      <CompensationExplanationGrp>
        <PersonNm>MELINDA B HILDEBRAND</PersonNm>
        <ShortExplanationTxt>A CORPORATION OWNED BY MR. &amp; MRS HILDEBRAND IS PAID A FEE TO PROVIDE BOOKKEEPING AND ADMINISTRATIVE SERVICES FOR THE FOUNDATION.</ShortExplanationTxt>
      </CompensationExplanationGrp>
    </CompensationExplanation>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>BNY MELLON #8000 ATCH 6A</StockNm>
        <EOYBookValueAmt>19992729</EOYBookValueAmt>
        <EOYFMVAmt>30507001</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BNY MELLON #8010 ATCH 6B</StockNm>
        <EOYBookValueAmt>28066558</EOYBookValueAmt>
        <EOYFMVAmt>27989108</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BNY MELLON #8020 ATCH 6C</StockNm>
        <EOYBookValueAmt>22468242</EOYBookValueAmt>
        <EOYFMVAmt>24403956</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BNY MELLON #8030 ATCH 6D</StockNm>
        <EOYBookValueAmt>21634972</EOYBookValueAmt>
        <EOYFMVAmt>20942896</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BNY MELLON #8040 ATCH 6E</StockNm>
        <EOYBookValueAmt>22973009</EOYBookValueAmt>
        <EOYFMVAmt>25061419</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsLandSchedule2 documentId="InvLandSch2" />
    <LandEtcSchedule2 documentId="LandEtcSch2" />
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT FEES</CategoryTxt>
        <Amt>253606</Amt>
        <NetInvestmentIncomeAmt>253330</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MANAGEMENT FEES(SEE FOOTNOTE)</CategoryTxt>
        <Amt>42403</Amt>
        <NetInvestmentIncomeAmt>42403</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>BANK FEES</CategoryTxt>
        <Amt>300</Amt>
        <NetInvestmentIncomeAmt>300</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>21294</Amt>
        <NetInvestmentIncomeAmt>21294</NetInvestmentIncomeAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
        <Amt>150000</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>