﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2013v3.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2014-07-15T08:17:34-05:00</ReturnTs>
    <TaxPeriodEndDt>2013-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>450250958</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1>EIDE BAILLY LLP</BusinessNameLine1>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1>200 EAST 10TH ST PO BOX 5125</AddressLine1>
        <City>SIOUX FALLS</City>
        <State>SD</State>
        <ZIPCode>571175125</ZIPCode>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2013-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>411909574</EIN>
      <BusinessName>
        <BusinessNameLine1>DAVID B JONES FOUNDATION CO JEFF MALONE</BusinessNameLine1>
      </BusinessName>
      <BusinessNameControlTxt>DAVI</BusinessNameControlTxt>
      <PhoneNum>6053392011</PhoneNum>
      <USAddress>
        <AddressLine1>6305 S CALLINGTON CIRCLE</AddressLine1>
        <City>SIOUX FALLS</City>
        <State>SD</State>
        <ZIPCode>57108</ZIPCode>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>JEFFREY MALONE</PersonNm>
      <PersonTitleTxt>TREASURER</PersonTitleTxt>
      <PhoneNum>6053392011</PhoneNum>
      <SignatureDt>2014-07-10</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>LAURIE HANSON</PreparerPersonNm>
      <PTIN>P00851848</PTIN>
      <PhoneNum>6053391999</PhoneNum>
      <PreparationDt>2014-07-10</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2013</TaxYr>
    <BuildTS>2015-12-30 17:16:21Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="11">
    <IRS990PF documentId="RetDoc1235000001">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1241570</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <InterestOnSavRevAndExpnssAmt>15</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>15</InterestOnSavNetInvstIncmAmt>
        <DividendsRevAndExpnssAmt>32990</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>32761</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>49307</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>294097</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>49307</CapGainNetIncmNetInvstIncmAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="RetDoc2001500001">31572</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>1481</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>113884</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>83564</TotalNetInvstIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>0</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>0</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstDsbrsChrtblAmt>0</CompOfcrDirTrstDsbrsChrtblAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002100001">35</LegalFeesRevAndExpnssAmt>
        <LegalFeesNetInvstIncmAmt>0</LegalFeesNetInvstIncmAmt>
        <LegalFeesDsbrsChrtblAmt>35</LegalFeesDsbrsChrtblAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002200001">2173</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>0</AccountingFeesNetInvstIncmAmt>
        <AccountingFeesChrtblPrpsAmt>2173</AccountingFeesChrtblPrpsAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc2002300001">11321</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>11321</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>0</OtherProfFeesDsbrsChrtblAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc2002500001">5733</TaxesRevAndExpnssAmt>
        <TaxesNetInvstIncmAmt>0</TaxesNetInvstIncmAmt>
        <TaxesDsbrsChrtblAmt>0</TaxesDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc2003200001">3892</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>3156</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>725</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>23154</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>14477</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>2933</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>73000</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>73000</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>96154</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>14477</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>75933</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>17730</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>69087</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>189693</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>237216</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>237216</SavAndTempCashInvstEOYFMVAmt>
        <CorporateStockBOYAmt>480394</CorporateStockBOYAmt>
        <CorporateStockEOYAmt referenceDocumentId="RetDoc2018900001">433640</CorporateStockEOYAmt>
        <CorporateStockEOYFMVAmt>547828</CorporateStockEOYFMVAmt>
        <CorporateBondsBOYAmt>291153</CorporateBondsBOYAmt>
        <CorporateBondsEOYAmt referenceDocumentId="RetDoc2044400001">289264</CorporateBondsEOYAmt>
        <CorporateBondsEOYFMVAmt>306561</CorporateBondsEOYFMVAmt>
        <OtherInvestmentsBOYAmt>142695</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc2018100001">149965</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>149965</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>1103935</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1110085</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1241570</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesBOYAmt>0</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
        <CapitalStockBOYAmt>0</CapitalStockBOYAmt>
        <CapitalStockEOYAmt>0</CapitalStockEOYAmt>
        <AdditionalPaidInCapitalBOYAmt>0</AdditionalPaidInCapitalBOYAmt>
        <AdditionalPaidInCapitalEOYAmt>0</AdditionalPaidInCapitalEOYAmt>
        <RetainedEarningBOYAmt>1103935</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>1110085</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1103935</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1110085</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1103935</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1110085</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1103935</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>17730</ExcessRevenueOverExpensesAmt>
        <OtherIncreasesAmt>0</OtherIncreasesAmt>
        <SubtotalAmt>1121665</SubtotalAmt>
        <OtherDecreasesAmt referenceDocumentId="RetDoc2049800001">11580</OtherDecreasesAmt>
        <TotNetAstOrFundBalancesEOYAmt>1110085</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>SALES OF PUBLICLY TRADED SECURITIES</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>293930</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>244790</CostOrOtherBasisAmt>
          <GainOrLossAmt>49140</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>49140</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GainOrLossAmt>0</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>0</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAINS DIVIDENDS</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>167</GrossSalesPriceAmt>
          <GainOrLossAmt>167</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>167</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>49307</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <QlfyUndSect4940eReducedTaxGrp>
        <LiableSection4942TaxInd>0</LiableSection4942TaxInd>
        <AdjustedQlfyDistriYr1Amt>41878</AdjustedQlfyDistriYr1Amt>
        <NetVlNoncharitableAssetsYr1Amt>1040881</NetVlNoncharitableAssetsYr1Amt>
        <DistributionYr1Rt>0.040233</DistributionYr1Rt>
        <AdjustedQlfyDistriYr2Amt>49711</AdjustedQlfyDistriYr2Amt>
        <NetVlNoncharitableAssetsYr2Amt>922226</NetVlNoncharitableAssetsYr2Amt>
        <DistributionYr2Rt>0.053903</DistributionYr2Rt>
        <AdjustedQlfyDistriYr3Amt>42503</AdjustedQlfyDistriYr3Amt>
        <NetVlNoncharitableAssetsYr3Amt>913016</NetVlNoncharitableAssetsYr3Amt>
        <DistributionYr3Rt>0.046552</DistributionYr3Rt>
        <AdjustedQlfyDistriYr4Amt>47026</AdjustedQlfyDistriYr4Amt>
        <NetVlNoncharitableAssetsYr4Amt>822792</NetVlNoncharitableAssetsYr4Amt>
        <DistributionYr4Rt>0.057154</DistributionYr4Rt>
        <AdjustedQlfyDistriYr5Amt>43095</AdjustedQlfyDistriYr5Amt>
        <NetVlNoncharitableAssetsYr5Amt>976503</NetVlNoncharitableAssetsYr5Amt>
        <DistributionYr5Rt>0.044132</DistributionYr5Rt>
        <TotalDistributionRt>0.241974</TotalDistributionRt>
        <AverageDistributionRt>0.048395</AverageDistributionRt>
        <NetVlNoncharitableAssetsAmt>1167198</NetVlNoncharitableAssetsAmt>
        <AdjNetVlNoncharitableAssetsAmt>56487</AdjNetVlNoncharitableAssetsAmt>
        <NetInvestmentIncomePctAmt>691</NetInvestmentIncomePctAmt>
        <AdjNonchrtblNetInvstIncmPctAmt>57178</AdjNonchrtblNetInvstIncmPctAmt>
        <QualifyingDistributionsAmt>75933</QualifyingDistributionsAmt>
      </QlfyUndSect4940eReducedTaxGrp>
      <ExciseTaxBasedOnInvstIncmGrp>
        <DomesticOrgMeetingSect4940eInd>X</DomesticOrgMeetingSect4940eInd>
        <InvestmentIncomeExciseTaxAmt>691</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>691</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>691</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>3360</EstimatedPlusOvpmtIncmTxAmt>
        <AppliedToEsTaxAmt>1450</AppliedToEsTaxAmt>
        <TotalPaymentsAndCreditsAmt>4810</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>3</EsPenaltyAmt>
        <OverpaymentAmt>4116</OverpaymentAmt>
        <AppliedToESTaxAmt>4116</AppliedToESTaxAmt>
        <RefundAmt>0</RefundAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>1</UnrelatedBusIncmOverLimitInd>
        <Form990TFiledInd>1</Form990TFiledInd>
        <OrganizationDissolvedEtcInd>0</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>1</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>1</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>MN</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>0</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>0</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>HTTP://DBJONESFOUNDATION.ORG/</WebsiteAddressTxt>
        <IndividualWithBooksNm>JEFFREY MALONE</IndividualWithBooksNm>
        <PhoneNum>6053392011</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1>6305 S CALLINGTON CIRCLE</AddressLine1>
          <City>SIOUX FALLS</City>
          <State>SD</State>
          <ZIPCode>57108</ZIPCode>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>0</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>0</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>0</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DAVID B JONES</PersonNm>
          <USAddress>
            <AddressLine1>6305 S CALLINGTON CIRCLE</AddressLine1>
            <City>SIOUX FALLS</City>
            <State>SD</State>
            <ZIPCode>57108</ZIPCode>
          </USAddress>
          <TitleTxt>PRESIDENT</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>3.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>LORI WIESE-PARKS</PersonNm>
          <USAddress>
            <AddressLine1>6305 S CALLINGTON CIRCLE</AddressLine1>
            <City>SIOUX FALLS</City>
            <State>SD</State>
            <ZIPCode>57108</ZIPCode>
          </USAddress>
          <TitleTxt>SECRETARY</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JEFFREY MALONE</PersonNm>
          <USAddress>
            <AddressLine1>6305 S CALLINGTON CIRCLE</AddressLine1>
            <City>SIOUX FALLS</City>
            <State>SD</State>
            <ZIPCode>57108</ZIPCode>
          </USAddress>
          <TitleTxt>TREASURER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>3.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>971518</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>213455</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1184973</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1184973</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>17775</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1167198</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>58360</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>58360</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>691</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>691</TotalTaxAmt>
        <DistributableBeforeAdjAmt>57669</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>57669</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>57669</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>75933</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>75933</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>691</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>75242</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>57669</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>42183</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <TotalExcessDistributionCyovAmt>0</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>75933</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>42183</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>33750</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>0</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>0</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>23919</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>0</ExcessDistriCyovToNextYrAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>E-MAIL APPLICATION TO INFODBJONESFO</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1>DAVID B JONES FDTN APPLICATION 6305</AddressLine1>
            <AddressLine2>S CALLINGTON CIRCLE</AddressLine2>
            <City>SIOUX FALLS</City>
            <State>SD</State>
            <ZIPCode>57108</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNum>6053392011</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>PLEASE VISIT HTTP://DBJONESFOUNDATION.ORG TO DOWNLOAD APPLICATION FORM AND OTHER INSTRUCTIONS.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>NONE</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>GRANTS AWARDED FOR SCIENTIFIC RESEARCH IN THE FIELD OF PALEONTOLOGY. ORGANIZATIONS RECEIVING FUNDS MUST PROVIDE A CERTIFIED STATEMENT THAT THE FUNDS RECEIVED FROM THE FOUNDATION HAVE BEEN USED FOR THE PURPOSE INTENDED. THIS STATEMENT, WHICH MUST BE SIGNED BY THE NONPROFIT'S ACCOUNTING FIRM AND CHIEF FINANCIAL OFFICER, MUST BE FILED WITH THE FOUNDATION NO LATER THAN 18 MONTHS AFTER THE DATE SUCH FUNDS ARE AWARDED. AWARDEES MUST SUBMIT A SHORT PROJECT OR PROGRAM SUMMARY AND PHOTO UPON COMPLETION. NEWS RELEASES AND PRESS CLIPPINGS WOULD ALSO BE APPROPRIATE.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>FRIENDS OF THE UNIVERSITY OF NEBRASKA STATE MUSEUM (FRIENDS OF ASHFALL)</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>HWY 59</AddressLine1>
            <City>ROYAL</City>
            <State>NE</State>
            <ZIPCode>68764</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PALEONTOLOGY SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>20000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>WASHINGTON PAVILION KIRBY SCIENCE CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>301 S MAIN AVE</AddressLine1>
            <City>SIOUX FALLS</City>
            <State>SD</State>
            <ZIPCode>57104</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PALEONTOLOGY SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>28000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>SHERIDAN COLLEGE FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>GRIFFITH MEMORIAL BUILDING SUITE</AddressLine1>
            <AddressLine2>150</AddressLine2>
            <City>SHERIDAN</City>
            <State>WY</State>
            <ZIPCode>82801</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PALEONTOLOGY SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>PREHISTORIC INDIAN VILLAGE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3200 INDIAN VILLAGE RD</AddressLine1>
            <City>MITCHELL</City>
            <State>SD</State>
            <ZIPCode>57301</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PALEONTOLOGY SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1>TATE MUSEUM OF GEOLOGY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>125 COLLEGE DR</AddressLine1>
            <City>CASPER</City>
            <State>WY</State>
            <ZIPCode>82602</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>NONE</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>501(C)(3)</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>PALEONTOLOGY SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>10000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>73000</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>15</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>32990</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <OtherInvestmentIncmPartVIIGrp>
          <BusinessCd>900099</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>31572</UnrelatedBusinessTaxblIncmAmt>
        </OtherInvestmentIncmPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>49307</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>31572</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>82312</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>0</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>113884</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>2173</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>2173</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorporateBondsGrp>
        <BondNm>VERIZON COMMUNICATIONS 5.550%</BondNm>
        <EOYBookValueAmt>50302</EOYBookValueAmt>
        <EOYFMVAmt>54681</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>HONEYWELL INTL SER MAKE WHOLE 5.400%</BondNm>
        <EOYBookValueAmt>50314</EOYBookValueAmt>
        <EOYFMVAmt>54816</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>BLOCK FINL CORP GTD NT 5.125%</BondNm>
        <EOYBookValueAmt>26690</EOYBookValueAmt>
        <EOYFMVAmt>31036</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>VIACOM INC NOTE 4.2500%</BondNm>
        <EOYBookValueAmt>50617</EOYBookValueAmt>
        <EOYFMVAmt>52755</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>DARLING INTERNATIONAL INC 8.500%</BondNm>
        <EOYBookValueAmt>27071</EOYBookValueAmt>
        <EOYFMVAmt>27562</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>EXELON CORP NOTES 4.900%</BondNm>
        <EOYBookValueAmt>25516</EOYBookValueAmt>
        <EOYFMVAmt>26357</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>JEFFERIES 5.125%</BondNm>
        <EOYBookValueAmt>31378</EOYBookValueAmt>
        <EOYFMVAmt>32438</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
      <InvestmentsCorporateBondsGrp>
        <BondNm>WR BERKLEY</BondNm>
        <EOYBookValueAmt>27376</EOYBookValueAmt>
        <EOYFMVAmt>26916</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorporateStockGrp>
        <StockNm>3M COMPANY</StockNm>
        <EOYBookValueAmt>134820</EOYBookValueAmt>
        <EOYFMVAmt>140250</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>COCA COLA CO</StockNm>
        <EOYBookValueAmt>25961</EOYBookValueAmt>
        <EOYFMVAmt>51638</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JOHNSON &amp; JOHNSON</StockNm>
        <EOYBookValueAmt>66336</EOYBookValueAmt>
        <EOYFMVAmt>91590</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>APACHE CORP</StockNm>
        <EOYBookValueAmt>86795</EOYBookValueAmt>
        <EOYFMVAmt>85940</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>MERCK AND CO</StockNm>
        <EOYBookValueAmt>34340</EOYBookValueAmt>
        <EOYFMVAmt>50050</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>JP MORGAN</StockNm>
        <EOYBookValueAmt>34947</EOYBookValueAmt>
        <EOYFMVAmt>58480</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>BANK NEW YORK MELLON CORP (BK)</StockNm>
        <EOYBookValueAmt>50441</EOYBookValueAmt>
        <EOYFMVAmt>69880</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>NORTHSTAR ETHANOL LLC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>89359</BookValueAmt>
        <EOYFMVAmt>89359</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>GREAT PLAINS LODGING VI LLC</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>60606</BookValueAmt>
        <EOYFMVAmt>60606</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>35</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>35</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreasesDetail>
        <Description>BOOK/TAX ADJUSTMENT</Description>
        <Amount>11580</Amount>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpensesScheduleGrp>
        <Desc>MISCELLANEOUS EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>725</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>725</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INVESTMENT FEE - FROM FLOWTHROUGH ENTITIES</Desc>
        <RevenueAndExpensesPerBooksAmt>1736</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1736</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>DONATION - FROM FLOWTHROUGH ENTITIES</Desc>
        <RevenueAndExpensesPerBooksAmt>11</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MISC DEDUCTION - FROM FLOWTHROUGH ENTITIES</Desc>
        <RevenueAndExpensesPerBooksAmt>1420</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1420</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncomeDetail>
        <Desc>FROM FLOWTHROUGH ENTITIES</Desc>
        <RevenueAndExpensesPerBooksAmt>31385</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1294</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>31385</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>FROM FLOWTHROUGH ENTITIES</Desc>
        <RevenueAndExpensesPerBooksAmt>187</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>187</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>187</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MANAGEMENT FEES</CategoryTxt>
        <Amt>11321</Amt>
        <NetInvestmentIncomeAmt>11321</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAXES</CategoryTxt>
        <Amt>5628</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>IOWA TAX</CategoryTxt>
        <Amt>39</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>MINNESOTA TAX</CategoryTxt>
        <Amt>64</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FOREIGN TAX</CategoryTxt>
        <Amt>2</Amt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>