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          <GainOrLossAmt>2950</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2950</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>784.4950 SHS LAZARD EMERGING MARKETS EQUITY INST</PropertyDesc>
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          <SoldDt>2013-08-06</SoldDt>
          <GrossSalesPriceAmt>14176</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17000</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2824</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2824</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>322.3120 SHS LAZARD EMERGING MARKETS EQUITY INST</PropertyDesc>
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          <SoldDt>2013-08-06</SoldDt>
          <GrossSalesPriceAmt>5824</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6972</CostOrOtherBasisAmt>
          <GainOrLossAmt>-1148</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-1148</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>440.335 SHS LOOMIS SAYLES S/C GROWTH-INS</PropertyDesc>
          <AcquiredDt>2010-12-23</AcquiredDt>
          <SoldDt>2013-05-24</SoldDt>
          <GrossSalesPriceAmt>10000</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>7354</CostOrOtherBasisAmt>
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          <GainsMinusExcessOrLossesAmt>2646</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>38.7070 SHS LOOMIS SAYLES S/C GROWTH-INS</PropertyDesc>
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          <SoldDt>2013-10-29</SoldDt>
          <GrossSalesPriceAmt>1052</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>646</CostOrOtherBasisAmt>
          <GainOrLossAmt>406</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>406</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>292.5410 SHS LOOMIS SAYLES S/C GROWTH-INS</PropertyDesc>
          <AcquiredDt>2008-03-11</AcquiredDt>
          <SoldDt>2013-10-29</SoldDt>
          <GrossSalesPriceAmt>7948</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3864</CostOrOtherBasisAmt>
          <GainOrLossAmt>4084</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4084</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>100 SHS MYLAN INC</PropertyDesc>
          <AcquiredDt>2012-11-26</AcquiredDt>
          <SoldDt>2013-10-24</SoldDt>
          <GrossSalesPriceAmt>3839</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>2685</CostOrOtherBasisAmt>
          <GainOrLossAmt>1154</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>1154</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>200 SHS ORACLE CORP COM</PropertyDesc>
          <AcquiredDt>2009-09-24</AcquiredDt>
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          <GrossSalesPriceAmt>6720</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>4242</CostOrOtherBasisAmt>
          <GainOrLossAmt>2478</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2478</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>300 SHS PPG INDUSTRIES INC</PropertyDesc>
          <AcquiredDt>2009-09-08</AcquiredDt>
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          <GrossSalesPriceAmt>46649</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>16571</CostOrOtherBasisAmt>
          <GainOrLossAmt>30078</GainOrLossAmt>
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        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>200 SHS PRUDENTIAL FINL INC</PropertyDesc>
          <AcquiredDt>2010-05-28</AcquiredDt>
          <SoldDt>2013-10-24</SoldDt>
          <GrossSalesPriceAmt>16236</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11589</CostOrOtherBasisAmt>
          <GainOrLossAmt>4647</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>4647</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>479.0080 SHS T ROWE PRICE EMERGING MARKETS STOCK</PropertyDesc>
          <AcquiredDt>2010-12-06</AcquiredDt>
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          <GrossSalesPriceAmt>14648</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>17000</CostOrOtherBasisAmt>
          <GainOrLossAmt>-2352</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-2352</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>175.0140 SHS T ROWE PRICE EMERGING MARKETS STOCK</PropertyDesc>
          <AcquiredDt>2010-12-23</AcquiredDt>
          <SoldDt>2013-08-06</SoldDt>
          <GrossSalesPriceAmt>5352</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6090</CostOrOtherBasisAmt>
          <GainOrLossAmt>-738</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-738</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>112.3420 SHS T ROWE PRICE EMERGING MARKETS STOCK</PropertyDesc>
          <AcquiredDt>2010-12-23</AcquiredDt>
          <SoldDt>2013-10-29</SoldDt>
          <GrossSalesPriceAmt>3794</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>3910</CostOrOtherBasisAmt>
          <GainOrLossAmt>-116</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-116</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>154.1670 SHS T ROWE PRICE EMERGING MARKETS STOCK</PropertyDesc>
          <AcquiredDt>2012-03-02</AcquiredDt>
          <SoldDt>2013-10-29</SoldDt>
          <GrossSalesPriceAmt>5206</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>5120</CostOrOtherBasisAmt>
          <GainOrLossAmt>86</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>86</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>200 SHS UNITED TECHNOLOGIES CORP COM</PropertyDesc>
          <AcquiredDt>2009-09-08</AcquiredDt>
          <SoldDt>2013-05-24</SoldDt>
          <GrossSalesPriceAmt>18848</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>11997</CostOrOtherBasisAmt>
          <GainOrLossAmt>6851</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>6851</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>200 SHS WASTE MANAGEMENT INC</PropertyDesc>
          <AcquiredDt>2009-09-08</AcquiredDt>
          <SoldDt>2013-05-24</SoldDt>
          <GrossSalesPriceAmt>8436</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>6043</CostOrOtherBasisAmt>
          <GainOrLossAmt>2393</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>2393</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAINS DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>7087</GrossSalesPriceAmt>
          <GainOrLossAmt>7087</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>7087</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>147162</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>0</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>105844</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>2061242</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.051350</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>91957</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>2033223</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.045227</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>89605</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>1947678</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.046006</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>108501</AdjustedQlfyDistriYr4Amt>
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        <DistributionYr4Rt>0.060233</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>116709</AdjustedQlfyDistriYr5Amt>
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        <DistributionYr5Rt>0.053460</DistributionYr5Rt>
        <TotalDistributionRt>0.256276</TotalDistributionRt>
        <AverageDistributionRt>0.051255</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>2250919</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>115371</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>1983</NetInvestmentIncomePctAmt>
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        <QualifyingDistributionsAmt>90741</QualifyingDistributionsAmt>
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      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>3966</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>3966</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>3966</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>1400</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>1400</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>2566</TaxDueAmt>
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        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
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        <LocationOfBooksUSAddress>
          <AddressLine1>333 E MAIN</AddressLine1>
          <City>MIDLAND</City>
          <State>MI</State>
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        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
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        <PayCompDisqualifiedPrsnInd>0</PayCompDisqualifiedPrsnInd>
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        <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>
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        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DOMINIC MONASTIERE</PersonNm>
          <USAddress>
            <AddressLine1>333 E MAIN</AddressLine1>
            <City>MIDLAND</City>
            <State>MI</State>
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          </USAddress>
          <TitleTxt>TTEE/PRES/TREAS</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
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          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROBERT D SAROW</PersonNm>
          <USAddress>
            <AddressLine1>900 CENTER AVE</AddressLine1>
            <City>BAY CITY</City>
            <State>MI</State>
            <ZIPCode>48708</ZIPCode>
          </USAddress>
          <TitleTxt>TTEE/SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
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          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JEAN HILL</PersonNm>
          <USAddress>
            <AddressLine1>6156 N ABBE ROAD</AddressLine1>
            <City>COMINS</City>
            <State>MI</State>
            <ZIPCode>48619</ZIPCode>
          </USAddress>
          <TitleTxt>TTEE/V-P</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BARBARA L ENGELHARDT</PersonNm>
          <USAddress>
            <AddressLine1>903 SAGINAW STREET</AddressLine1>
            <City>BAY CITY</City>
            <State>MI</State>
            <ZIPCode>48708</ZIPCode>
          </USAddress>
          <TitleTxt>TTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>THOMAS H TABOR</PersonNm>
          <USAddress>
            <AddressLine1>2313 VINA COURT</AddressLine1>
            <City>BAY CITY</City>
            <State>MI</State>
            <ZIPCode>48708</ZIPCode>
          </USAddress>
          <TitleTxt>TTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
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          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
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      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>2220311</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>51886</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>13000</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>2285197</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
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        <CashDeemedCharitableAmt>34278</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>2250919</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>112546</MinimumInvestmentReturnAmt>
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        <MinimumInvestmentReturnAmt>112546</MinimumInvestmentReturnAmt>
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        <TotalTaxAmt>3966</TotalTaxAmt>
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        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>108580</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>108580</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>90741</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>90741</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
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        <DistributableAsAdjustedAmt>108580</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>74026</UndistributedIncomePYAmt>
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        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>90741</QualifyingDistributionsAmt>
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        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
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        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>BAY CITY GARDEN CLUB</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>220 SCHAUMAN CT</AddressLine1>
            <City>BAY CITY</City>
            <State>MI</State>
            <ZIPCode>48706</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>GENERAL FUND-RENOVATIONS OF THE ARBORETUM</GrantOrContributionPurposeTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>MICHIGAN MASONIC HOME</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1200 WRIGHT AVE</AddressLine1>
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        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilitiesDetail>
        <Desc>FEDERAL EXCISE TAX</Desc>
        <BOYBookValueAmt>129</BOYBookValueAmt>
        <EOYBookValueAmt>2566</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>TRUSTEE FEES</CategoryTxt>
        <Amt>14890</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>14890</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>PROPERTY TAXES</CategoryTxt>
        <Amt>210</Amt>
        <NetInvestmentIncomeAmt>210</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>STATE FILING FEE</CategoryTxt>
        <Amt>20</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>20</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAXES</CategoryTxt>
        <Amt>722</Amt>
        <NetInvestmentIncomeAmt>722</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAX</CategoryTxt>
        <Amt>3966</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
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</Return>