﻿<?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">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2014-10-14T08:05:26-05:00</ReturnTs>
    <TaxPeriodEndDt>2014-05-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmName>
        <BusinessNameLine1>RICHARD J SIEGLER CPA</BusinessNameLine1>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1>3645 FOXCHASE DR</AddressLine1>
        <City>CLERMONT</City>
        <State>FL</State>
        <ZIPCode>34711</ZIPCode>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990</ReturnTypeCd>
    <TaxPeriodBeginDt>2013-06-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>131832953</EIN>
      <BusinessName>
        <BusinessNameLine1>ZETA PSI EDUCATIONAL FOUNDATION</BusinessNameLine1>
      </BusinessName>
      <BusinessNameControlTxt>ZETA</BusinessNameControlTxt>
      <PhoneNum>8457351847</PhoneNum>
      <USAddress>
        <AddressLine1>15 SOUTH HENRY STREET</AddressLine1>
        <City>PEARL RIVER</City>
        <State>NY</State>
        <ZIPCode>10965</ZIPCode>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>M DAVID HUNTER</PersonNm>
      <PersonTitleTxt>EXECUTIVE DIRECTOR</PersonTitleTxt>
      <PhoneNum>8457351847</PhoneNum>
      <SignatureDt>2014-09-29</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>RICHARD J SIEGLER CPA</PreparerPersonNm>
      <PTIN>P00691679</PTIN>
      <PhoneNum>8455199220</PhoneNum>
      <PreparationDt>2014-09-29</PreparationDt>
      <SelfEmployedInd>X</SelfEmployedInd>
    </PreparerPersonGrp>
    <TaxYr>2013</TaxYr>
    <BuildTS>2015-11-30 17:44:51Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990 documentId="RetDoc2" referenceDocumentId="RetDoc7">
      <PrincipalOfficerNm>M DAVID HUNTER</PrincipalOfficerNm>
      <USAddress>
        <AddressLine1>15 SOUTH HENRY ST</AddressLine1>
        <City>PEARL RIVER</City>
        <State>NY</State>
        <ZIPCode>10965</ZIPCode>
      </USAddress>
      <GrossReceiptsAmt>2209508</GrossReceiptsAmt>
      <GroupReturnForAffiliatesInd>false</GroupReturnForAffiliatesInd>
      <Organization501c3Ind>X</Organization501c3Ind>
      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <ActivityOrMissionDesc>EDUCATIONAL AND CHARITABLE PURPOSES</ActivityOrMissionDesc>
      <VotingMembersGoverningBodyCnt>13</VotingMembersGoverningBodyCnt>
      <VotingMembersIndependentCnt>0</VotingMembersIndependentCnt>
      <TotalEmployeeCnt>3</TotalEmployeeCnt>
      <TotalGrossUBIAmt>0</TotalGrossUBIAmt>
      <PYContributionsGrantsAmt>955169</PYContributionsGrantsAmt>
      <CYContributionsGrantsAmt>630642</CYContributionsGrantsAmt>
      <CYProgramServiceRevenueAmt>0</CYProgramServiceRevenueAmt>
      <PYInvestmentIncomeAmt>631493</PYInvestmentIncomeAmt>
      <CYInvestmentIncomeAmt>638148</CYInvestmentIncomeAmt>
      <PYOtherRevenueAmt>15400</PYOtherRevenueAmt>
      <CYOtherRevenueAmt>15600</CYOtherRevenueAmt>
      <PYTotalRevenueAmt>1602062</PYTotalRevenueAmt>
      <CYTotalRevenueAmt>1284390</CYTotalRevenueAmt>
      <PYGrantsAndSimilarPaidAmt>221311</PYGrantsAndSimilarPaidAmt>
      <CYGrantsAndSimilarPaidAmt>179551</CYGrantsAndSimilarPaidAmt>
      <CYBenefitsPaidToMembersAmt>0</CYBenefitsPaidToMembersAmt>
      <PYSalariesCompEmpBnftPaidAmt>167129</PYSalariesCompEmpBnftPaidAmt>
      <CYSalariesCompEmpBnftPaidAmt>215096</CYSalariesCompEmpBnftPaidAmt>
      <PYTotalProfFndrsngExpnsAmt>47490</PYTotalProfFndrsngExpnsAmt>
      <CYTotalProfFndrsngExpnsAmt>86718</CYTotalProfFndrsngExpnsAmt>
      <CYTotalFundraisingExpenseAmt>89459</CYTotalFundraisingExpenseAmt>
      <PYOtherExpensesAmt>380227</PYOtherExpensesAmt>
      <CYOtherExpensesAmt>366450</CYOtherExpensesAmt>
      <PYTotalExpensesAmt>816157</PYTotalExpensesAmt>
      <CYTotalExpensesAmt>847815</CYTotalExpensesAmt>
      <PYRevenuesLessExpensesAmt>785905</PYRevenuesLessExpensesAmt>
      <CYRevenuesLessExpensesAmt>436575</CYRevenuesLessExpensesAmt>
      <TotalAssetsBOYAmt>5842012</TotalAssetsBOYAmt>
      <TotalAssetsEOYAmt>6168538</TotalAssetsEOYAmt>
      <TotalLiabilitiesBOYAmt>158473</TotalLiabilitiesBOYAmt>
      <TotalLiabilitiesEOYAmt>48424</TotalLiabilitiesEOYAmt>
      <NetAssetsOrFundBalancesBOYAmt>5683539</NetAssetsOrFundBalancesBOYAmt>
      <NetAssetsOrFundBalancesEOYAmt>6120114</NetAssetsOrFundBalancesEOYAmt>
      <InfoInScheduleOPartIIIInd>X</InfoInScheduleOPartIIIInd>
      <MissionDesc>EDUCATIONAL AND CHARITABLE PURPOSES</MissionDesc>
      <SignificantNewProgramSrvcInd>false</SignificantNewProgramSrvcInd>
      <SignificantChangeInd>false</SignificantChangeInd>
      <ExpenseAmt>74500</ExpenseAmt>
      <GrantAmt>74500</GrantAmt>
      <Desc>SCHOLARSHIPS PROGRAM-APPLICATIONS REC'D WERE REVIEWED &amp; 98 SCHOLARSHIPS AWARDS WERE PROCESSED FOR 68 PERSONS RANGING IN SIZE FROM 100 TO 3500 IN ACCORDANCE WITH INTERNAL REVENUE GUIDELINES</Desc>
      <ProgSrvcAccomActy2Grp>
        <Desc>STUDENT AID LOAN PROGRAM - ADMINISTRATION &amp; SERVICING OF EXISTING LOANS.</Desc>
      </ProgSrvcAccomActy2Grp>
      <ProgSrvcAccomActy3Grp>
        <ExpenseAmt>448429</ExpenseAmt>
        <GrantAmt>105051</GrantAmt>
        <Desc>LEADERSHIP &amp; EDUCATIONAL PROGRAM CONDUCTED LEADERSHIP TRAINING SEMINARS &amp; REGIONAL CONFERENCES. ON-CAMPUS VISITS BY STAFF ORGANIZED EDUCATION SEMINARS AND ENCOURAGED COMMUNITY SERVICE: WHICH PROGRAMS BENEFITED 700 STUDENTS DIRECTLY</Desc>
      </ProgSrvcAccomActy3Grp>
      <ProgSrvcAccomActyOtherGrp>
        <Desc>LIBRARY, COMPUTER &amp; EDUCATIONAL GRANTS - MADE GRANTS TO THE TAX EXEMPT ORGANIZATIONS OR MEMBERS FOR EXCLUSIVELY EDUCATIONAL PURPOSES WITHIN GUIDELINES APPROVED BY THE INTERNAL REVENUE SERVICE</Desc>
      </ProgSrvcAccomActyOtherGrp>
      <TotalProgramServiceExpensesAmt>522929</TotalProgramServiceExpensesAmt>
      <DescribedInSection501c3Ind referenceDocumentId="RetDoc3">true</DescribedInSection501c3Ind>
      <ScheduleBRequiredInd referenceDocumentId="RetDoc1">true</ScheduleBRequiredInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <DonorAdvisedFundInd referenceDocumentId="RetDoc4">false</DonorAdvisedFundInd>
      <ConservationEasementsInd referenceDocumentId="RetDoc4">false</ConservationEasementsInd>
      <CollectionsOfArtInd referenceDocumentId="RetDoc4">false</CollectionsOfArtInd>
      <CreditCounselingInd referenceDocumentId="RetDoc4">false</CreditCounselingInd>
      <TempOrPermanentEndowmentsInd referenceDocumentId="RetDoc4">false</TempOrPermanentEndowmentsInd>
      <ReportLandBuildingEquipmentInd referenceDocumentId="RetDoc4">true</ReportLandBuildingEquipmentInd>
      <ReportInvestmentsOtherSecInd referenceDocumentId="RetDoc4">false</ReportInvestmentsOtherSecInd>
      <ReportProgramRelatedInvstInd referenceDocumentId="RetDoc4">false</ReportProgramRelatedInvstInd>
      <ReportOtherAssetsInd referenceDocumentId="RetDoc4">false</ReportOtherAssetsInd>
      <ReportOtherLiabilitiesInd referenceDocumentId="RetDoc4">true</ReportOtherLiabilitiesInd>
      <IncludeFIN48FootnoteInd referenceDocumentId="RetDoc4">false</IncludeFIN48FootnoteInd>
      <IndependentAuditFinclStmtInd referenceDocumentId="RetDoc4">true</IndependentAuditFinclStmtInd>
      <ConsolidatedAuditFinclStmtInd referenceDocumentId="RetDoc4">false</ConsolidatedAuditFinclStmtInd>
      <SchoolOperatingInd>false</SchoolOperatingInd>
      <ForeignOfficeInd>false</ForeignOfficeInd>
      <ForeignActivitiesInd>false</ForeignActivitiesInd>
      <MoreThan5000KToOrgInd>false</MoreThan5000KToOrgInd>
      <MoreThan5000KToIndividualsInd>false</MoreThan5000KToIndividualsInd>
      <ProfessionalFundraisingInd referenceDocumentId="RetDoc5">true</ProfessionalFundraisingInd>
      <FundraisingActivitiesInd referenceDocumentId="RetDoc5">false</FundraisingActivitiesInd>
      <GamingActivitiesInd referenceDocumentId="RetDoc5">false</GamingActivitiesInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <GrantsToOrganizationsInd referenceDocumentId="RetDoc6">true</GrantsToOrganizationsInd>
      <GrantsToIndividualsInd referenceDocumentId="RetDoc6">true</GrantsToIndividualsInd>
      <ScheduleJRequiredInd>false</ScheduleJRequiredInd>
      <TaxExemptBondsInd>false</TaxExemptBondsInd>
      <EngagedInExcessBenefitTransInd>false</EngagedInExcessBenefitTransInd>
      <PYExcessBenefitTransInd>false</PYExcessBenefitTransInd>
      <LoanOutstandingInd>false</LoanOutstandingInd>
      <GrantToRelatedPersonInd>false</GrantToRelatedPersonInd>
      <BusinessRlnWithOrgMemInd>false</BusinessRlnWithOrgMemInd>
      <BusinessRlnWithFamMemInd>false</BusinessRlnWithFamMemInd>
      <BusinessRlnWithOfficerEntInd>false</BusinessRlnWithOfficerEntInd>
      <DeductibleNonCashContriInd>false</DeductibleNonCashContriInd>
      <DeductibleArtContributionInd>false</DeductibleArtContributionInd>
      <TerminateOperationsInd>false</TerminateOperationsInd>
      <PartialLiquidationInd>false</PartialLiquidationInd>
      <DisregardedEntityInd>false</DisregardedEntityInd>
      <RelatedEntityInd>false</RelatedEntityInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>false</TrnsfrExmptNonChrtblRltdOrgInd>
      <ActivitiesConductedPrtshpInd>false</ActivitiesConductedPrtshpInd>
      <ScheduleORequiredInd>false</ScheduleORequiredInd>
      <IRPDocumentCnt>3</IRPDocumentCnt>
      <IRPDocumentW2GCnt>0</IRPDocumentW2GCnt>
      <EmployeeCnt>3</EmployeeCnt>
      <EmploymentTaxReturnsFiledInd>true</EmploymentTaxReturnsFiledInd>
      <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
      <ForeignFinancialAccountInd>false</ForeignFinancialAccountInd>
      <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      <TaxablePartyNotificationInd>false</TaxablePartyNotificationInd>
      <NondeductibleContributionsInd>false</NondeductibleContributionsInd>
      <IndoorTanningServicesInd>false</IndoorTanningServicesInd>
      <GoverningBodyVotingMembersCnt>13</GoverningBodyVotingMembersCnt>
      <IndependentVotingMemberCnt>0</IndependentVotingMemberCnt>
      <FamilyOrBusinessRlnInd>false</FamilyOrBusinessRlnInd>
      <DelegationOfMgmtDutiesInd>false</DelegationOfMgmtDutiesInd>
      <ChangeToOrgDocumentsInd>false</ChangeToOrgDocumentsInd>
      <MaterialDiversionOrMisuseInd>false</MaterialDiversionOrMisuseInd>
      <MembersOrStockholdersInd>false</MembersOrStockholdersInd>
      <ElectionOfBoardMembersInd>false</ElectionOfBoardMembersInd>
      <DecisionsSubjectToApprovaInd>false</DecisionsSubjectToApprovaInd>
      <MinutesOfGoverningBodyInd>true</MinutesOfGoverningBodyInd>
      <MinutesOfCommitteesInd>true</MinutesOfCommitteesInd>
      <OfficerMailingAddressInd>false</OfficerMailingAddressInd>
      <LocalChaptersInd>false</LocalChaptersInd>
      <Form990ProvidedToGvrnBodyInd>false</Form990ProvidedToGvrnBodyInd>
      <ConflictOfInterestPolicyInd>true</ConflictOfInterestPolicyInd>
      <AnnualDisclosureCoveredPrsnInd>true</AnnualDisclosureCoveredPrsnInd>
      <RegularMonitoringEnfrcInd>false</RegularMonitoringEnfrcInd>
      <WhistleblowerPolicyInd>false</WhistleblowerPolicyInd>
      <DocumentRetentionPolicyInd>false</DocumentRetentionPolicyInd>
      <CompensationProcessCEOInd>false</CompensationProcessCEOInd>
      <CompensationProcessOtherInd>false</CompensationProcessOtherInd>
      <InvestmentInJointVentureInd>false</InvestmentInJointVentureInd>
      <UponRequestInd>X</UponRequestInd>
      <BooksInCareOfDetail>
        <PersonNm>M DAVID HUNTER</PersonNm>
        <PhoneNum>8457351847</PhoneNum>
        <USAddress>
          <AddressLine1>15 SOUTH HENRY ST</AddressLine1>
          <City>PEARL RIVER</City>
          <State>NY</State>
          <ZIPCode>10965</ZIPCode>
        </USAddress>
      </BooksInCareOfDetail>
      <NoListedPersonsCompensatedInd>X</NoListedPersonsCompensatedInd>
      <Form990PartVIISectionAGrp>
        <PersonNm>BARTH GILLAN</PersonNm>
        <TitleTxt>V. PRESIDENT</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>ANDREW NUNEZ</PersonNm>
        <TitleTxt>PRESIDENT</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>STUART BOWERS</PersonNm>
        <TitleTxt>SECRETARY</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>LESLIE MANN III</PersonNm>
        <TitleTxt>TREASURER</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>M DAVID HUNTER</PersonNm>
        <TitleTxt>EXEC DIR</TitleTxt>
        <AverageHoursPerWeekRt>20.00</AverageHoursPerWeekRt>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <FormerOfcrEmployeesListedInd>false</FormerOfcrEmployeesListedInd>
      <TotalCompGreaterThan150KInd>false</TotalCompGreaterThan150KInd>
      <CompensationFromOtherSrcsInd>false</CompensationFromOtherSrcsInd>
      <AllOtherContributionsAmt>630642</AllOtherContributionsAmt>
      <TotalContributionsAmt>630642</TotalContributionsAmt>
      <InvestmentIncomeGrp>
        <TotalRevenueColumnAmt>319844</TotalRevenueColumnAmt>
        <ExclusionAmt>319844</ExclusionAmt>
      </InvestmentIncomeGrp>
      <GrossRentsGrp>
        <RealAmt>15600</RealAmt>
      </GrossRentsGrp>
      <RentalIncomeOrLossGrp>
        <RealAmt>15600</RealAmt>
      </RentalIncomeOrLossGrp>
      <NetRentalIncomeOrLossGrp>
        <TotalRevenueColumnAmt>15600</TotalRevenueColumnAmt>
        <ExclusionAmt>15600</ExclusionAmt>
      </NetRentalIncomeOrLossGrp>
      <GrossAmountSalesAssetsGrp>
        <SecuritiesAmt>1243422</SecuritiesAmt>
      </GrossAmountSalesAssetsGrp>
      <LessCostOthBasisSalesExpnssGrp>
        <SecuritiesAmt>925118</SecuritiesAmt>
      </LessCostOthBasisSalesExpnssGrp>
      <GainOrLossGrp>
        <SecuritiesAmt>318304</SecuritiesAmt>
      </GainOrLossGrp>
      <NetGainOrLossInvestmentsGrp>
        <TotalRevenueColumnAmt>318304</TotalRevenueColumnAmt>
        <ExclusionAmt>318304</ExclusionAmt>
      </NetGainOrLossInvestmentsGrp>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>1284390</TotalRevenueColumnAmt>
        <ExclusionAmt>653748</ExclusionAmt>
      </TotalRevenueGrp>
      <GrantsToDomesticOrgsGrp>
        <TotalAmt>105051</TotalAmt>
        <ProgramServicesAmt>105051</ProgramServicesAmt>
      </GrantsToDomesticOrgsGrp>
      <GrantsToDomesticIndividualsGrp>
        <TotalAmt>74500</TotalAmt>
        <ProgramServicesAmt>74500</ProgramServicesAmt>
      </GrantsToDomesticIndividualsGrp>
      <OtherSalariesAndWagesGrp>
        <TotalAmt>188346</TotalAmt>
        <ProgramServicesAmt>94173</ProgramServicesAmt>
        <ManagementAndGeneralAmt>94173</ManagementAndGeneralAmt>
      </OtherSalariesAndWagesGrp>
      <PayrollTaxesGrp>
        <TotalAmt>26750</TotalAmt>
        <ProgramServicesAmt>13375</ProgramServicesAmt>
        <ManagementAndGeneralAmt>13375</ManagementAndGeneralAmt>
      </PayrollTaxesGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>9900</TotalAmt>
        <ManagementAndGeneralAmt>9900</ManagementAndGeneralAmt>
      </FeesForServicesAccountingGrp>
      <FeesForServicesProfFundraising>
        <TotalAmt>86718</TotalAmt>
        <FundraisingAmt>86718</FundraisingAmt>
      </FeesForServicesProfFundraising>
      <FeesForSrvcInvstMgmntFeesGrp>
        <TotalAmt>15023</TotalAmt>
        <ManagementAndGeneralAmt>15023</ManagementAndGeneralAmt>
      </FeesForSrvcInvstMgmntFeesGrp>
      <OfficeExpensesGrp>
        <TotalAmt>10294</TotalAmt>
        <ProgramServicesAmt>3397</ProgramServicesAmt>
        <ManagementAndGeneralAmt>6897</ManagementAndGeneralAmt>
      </OfficeExpensesGrp>
      <InformationTechnologyGrp>
        <TotalAmt>16608</TotalAmt>
        <ProgramServicesAmt>5481</ProgramServicesAmt>
        <ManagementAndGeneralAmt>11127</ManagementAndGeneralAmt>
      </InformationTechnologyGrp>
      <TravelGrp>
        <TotalAmt>29902</TotalAmt>
        <ProgramServicesAmt>11961</ProgramServicesAmt>
        <ManagementAndGeneralAmt>17941</ManagementAndGeneralAmt>
      </TravelGrp>
      <InterestGrp>
        <TotalAmt>3481</TotalAmt>
        <ManagementAndGeneralAmt>3481</ManagementAndGeneralAmt>
      </InterestGrp>
      <DepreciationDepletionGrp>
        <TotalAmt>18746</TotalAmt>
        <ProgramServicesAmt>128</ProgramServicesAmt>
        <ManagementAndGeneralAmt>18618</ManagementAndGeneralAmt>
      </DepreciationDepletionGrp>
      <InsuranceGrp>
        <TotalAmt>8696</TotalAmt>
        <ProgramServicesAmt>2870</ProgramServicesAmt>
        <ManagementAndGeneralAmt>5826</ManagementAndGeneralAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>LEADERSHIP TRAINING SEMIN</Desc>
        <TotalAmt>140783</TotalAmt>
        <ProgramServicesAmt>140783</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>DEVELOPMENT &amp; EDUCATION</Desc>
        <TotalAmt>60887</TotalAmt>
        <ProgramServicesAmt>60887</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>REPAIRS &amp; MAINTENANCE</Desc>
        <TotalAmt>16463</TotalAmt>
        <ManagementAndGeneralAmt>16463</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>UTILITIES</Desc>
        <TotalAmt>12139</TotalAmt>
        <ManagementAndGeneralAmt>12139</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>23528</TotalAmt>
        <ProgramServicesAmt>10323</ProgramServicesAmt>
        <ManagementAndGeneralAmt>10464</ManagementAndGeneralAmt>
        <FundraisingAmt>2741</FundraisingAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>847815</TotalAmt>
        <ProgramServicesAmt>522929</ProgramServicesAmt>
        <ManagementAndGeneralAmt>235427</ManagementAndGeneralAmt>
        <FundraisingAmt>89459</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>9532</BOYAmt>
        <EOYAmt>38886</EOYAmt>
      </CashNonInterestBearingGrp>
      <SavingsAndTempCashInvstGrp>
        <BOYAmt>362797</BOYAmt>
        <EOYAmt>17675</EOYAmt>
      </SavingsAndTempCashInvstGrp>
      <OthNotesLoansReceivableNetGrp>
        <BOYAmt>33507</BOYAmt>
        <EOYAmt>35573</EOYAmt>
      </OthNotesLoansReceivableNetGrp>
      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>7508</BOYAmt>
        <EOYAmt>6358</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>836395</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>681318</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>167935</BOYAmt>
        <EOYAmt>155077</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <InvestmentsPubTradedSecGrp>
        <BOYAmt>5027937</BOYAmt>
        <EOYAmt>5659602</EOYAmt>
      </InvestmentsPubTradedSecGrp>
      <OtherAssetsTotalGrp>
        <BOYAmt>232796</BOYAmt>
        <EOYAmt>255367</EOYAmt>
      </OtherAssetsTotalGrp>
      <TotalAssetsGrp>
        <BOYAmt>5842012</BOYAmt>
        <EOYAmt>6168538</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>1608</BOYAmt>
        <EOYAmt>230</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <OtherLiabilitiesGrp>
        <BOYAmt>156865</BOYAmt>
        <EOYAmt>48194</EOYAmt>
      </OtherLiabilitiesGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>158473</BOYAmt>
        <EOYAmt>48424</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
      <UnrestrictedNetAssetsGrp>
        <BOYAmt>3426930</BOYAmt>
        <EOYAmt>3606666</EOYAmt>
      </UnrestrictedNetAssetsGrp>
      <TemporarilyRstrNetAssetsGrp>
        <BOYAmt>1388554</BOYAmt>
        <EOYAmt>1580917</EOYAmt>
      </TemporarilyRstrNetAssetsGrp>
      <PermanentlyRstrNetAssetsGrp>
        <BOYAmt>868055</BOYAmt>
        <EOYAmt>932531</EOYAmt>
      </PermanentlyRstrNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>5683539</BOYAmt>
        <EOYAmt>6120114</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>5842012</BOYAmt>
        <EOYAmt>6168538</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>436575</ReconcilationRevenueExpnssAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc3">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>377685</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>307323</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>465800</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>955169</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>630642</CurrentTaxYearAmt>
        <TotalAmt>2736619</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>377685</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>307323</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>465800</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>955169</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>630642</CurrentTaxYearAmt>
        <TotalAmt>2736619</TotalAmt>
      </TotalCalendarYear170Grp>
      <SubstantialContributorsTotAmt>199520</SubstantialContributorsTotAmt>
      <PublicSupportTotal170Amt>2537099</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>365958</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>424497</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>-338967</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>489135</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>335444</CurrentTaxYearAmt>
        <TotalAmt>1276067</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <OtherIncome170Grp>
        <CurrentTaxYearMinus1YearAmt>1000</CurrentTaxYearMinus1YearAmt>
        <TotalAmt>1000</TotalAmt>
      </OtherIncome170Grp>
      <TotalSupportAmt>4013686</TotalSupportAmt>
      <PublicSupportCY170Pct>0.63210</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.63800</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
      <Form990ScheduleAPartIVGrp>
        <FormAndLineReferenceDesc>PART II, LINE 10</FormAndLineReferenceDesc>
        <ExplanationTxt>OTHER INCOME 1,000</ExplanationTxt>
      </Form990ScheduleAPartIVGrp>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc4">
      <OtherLiabilitiesOrgGrp>
        <Desc>DUE TO RELATED ORG</Desc>
        <Amt>48194</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>48194</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>1284390</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueSubtotalAmt>1284390</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>1284390</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>847815</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>847815</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>847815</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="RetDoc5">
      <AgrmtProfFundraisingActyInd>false</AgrmtProfFundraisingActyInd>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="RetDoc6">
      <GrantRecordsMaintainedInd>false</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>FUTURE LEADERS FOR AMERICA</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>PO BOX 78071</AddressLine1>
          <City>WASHINGTON</City>
          <State>DC</State>
          <ZIPCode>20013</ZIPCode>
        </USAddress>
        <RecipientEIN>223917652</RecipientEIN>
        <IRCSectionDesc>3</IRCSectionDesc>
        <CashGrantAmt>50000</CashGrantAmt>
        <ValuationMethodUsedDesc>CASH</ValuationMethodUsedDesc>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>NYC SCHOLARS</BusinessNameLine1>
        </RecipientBusinessName>
        <RecipientEIN>131496630</RecipientEIN>
        <CashGrantAmt>14807</CashGrantAmt>
        <ValuationMethodUsedDesc>CASH</ValuationMethodUsedDesc>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>NYSCDA OF ZETA PSI</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>25 BELLE AVE</AddressLine1>
          <City>TROY</City>
          <State>NY</State>
          <ZIPCode>12180</ZIPCode>
        </USAddress>
        <RecipientEIN>222534431</RecipientEIN>
        <IRCSectionDesc>7</IRCSectionDesc>
        <CashGrantAmt>23984</CashGrantAmt>
        <ValuationMethodUsedDesc>CASH</ValuationMethodUsedDesc>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1>DELTA CHAPTER OF ZETA PSI</BusinessNameLine1>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1>419 JASMINE CT</AddressLine1>
          <City>CUMMING</City>
          <State>GA</State>
          <ZIPCode>30040</ZIPCode>
        </USAddress>
        <RecipientEIN>221439332</RecipientEIN>
        <IRCSectionDesc>7</IRCSectionDesc>
        <CashGrantAmt>15470</CashGrantAmt>
      </RecipientTable>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>SCHOLARSHIPS</GrantTypeTxt>
        <RecipientCnt>162</RecipientCnt>
        <CashGrantAmt>74500</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="RetDoc7">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4D</FormAndLineReferenceDesc>
        <ExplanationTxt>LIBRARY, COMPUTER &amp; EDUCATIONAL GRANTS - MADE GRANTS TO THE TAX EXEMPT ORGANIZATIONS OR MEMBERS FOR EXCLUSIVELY EDUCATIONAL PURPOSES WITHIN GUIDELINES APPROVED BY THE INTERNAL REVENUE SERVICE</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>NO REVIEW WAS OR WILL BE CONDUCTED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>NO DOCUMENTS AVAILABLE TO THE PUBLIC</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>