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      <FactsAndCircumstancesTest>THE ORGANIZATION IS ORGANIZED AND OPERATED TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT ON A CONTINUOUS BASIS.THE ORGANIZATION WAS STARTED IN 1994 AND ANNUALLY SATISFIED THE 33 1/3 PERCENT TEST THROUGH 2006. FUNDS WERE RECEIVED IN 2006 AND 2008 FROM FOUR INDIVIDUALS FOR THE PURPOSE OF ENABLING THE ORGANIZATION TO EXPAND ITS CHARITABLE ACTIVITIES AND AWARDS PROGRAMS.THE ORGANIZATION ANNUALLY CONDUCTS ITS GRANTEE RECEPTION FUNDRAISING EVENT. GRANTS AND YOUTH RECOGNITION AWARDS ARE GIVEN OUT DURING THIS EVENT. THE ORGANIZATION ALSO PUBLISHES AN ANNUAL FALL NEWSLETTER HIGHLIGHTING THE VOLUNTEER SERVICE ACTIVITIES OF THE YEAR. THIS NEWSLETTER IS USED TO SOLICIT CONTRIBUTIONS FROM COMMUNITY MEMBERS.TOTAL GRANTS OF $7,150 WERE MADE TO SIXTEEN QUALIFIED RECIPIENTS IN 2008. IN 2009, GRANTS OF $8,150 WERE MADE TO TWENTY-ONE QUALIFIED RECIPIENTS. IN 2010, GRANTS OF $6,550 WERE MADE TO 14 QUALIFIED RECIPIENTS. IN 2011, GRANTS OF $8,050 WERE MADE TO 19 QUALIFIED RECIPIENTS. IN 2012, GRANTS OF $7,000 WERE MADE TO 20 QUALIFIED RECIPIENTS. THESE GRANTS WERE PAID WITH MONIES FROM FUNDRAISING EVENTS AND EARNINGS ON INVESTMENTS.THE ORGANIZATION ORGANIZES YOUTH AND FAMILY COMMUNITY VOLUNTEER SERVICE PROJECTS ON SEPTEMBER 11 "RETRIEVAL DAY OF SERVICE AND REMEMBRANCE", OCTOBER "MAKE A DIFFERENCE DAY" AND NOVEMBER "FAMILY VOLUNTEER DAY". THESE PROJECTS ENGAGE CHILDREN, YOUTH AND FAMILIES IN VOLUNTEER ACTIVITIES WHICH HELP MEET THE CRITICAL NEEDS OF THE COMMUNITY OF OWEGO INCLUDING THE ELDERLY, THE ENVIRONMENT AND THE DISADVANTAGED. PARTICIPANTS ARE SUPPLIED WITH MATERIAL AND TOOLS AND GIVEN A CERTIFICATE OF SERVICE FOR THEIR CONTRIBUTION OF TIME AND EFFORT.THE ORGANIZATION HAS A GOVERNING BODY OF TEN PERSONS REPRESENTING THE BROAD INTERESTS OF THE PUBLIC AND COMMUNITY. THE BOARD IS COMPRISED OF PERSONS WHO ARE BUSINESS LEADERS IN THE COMMUNITY, HAVE AN EXPERTISE WHICH WILL ASSIST THE ORGANIZATION AND POSSESS A PASSION AND COMMITMENT TO THE MISSION OF THE ORGANIZATION. THERE IS ONLY ONE MEMBER OF THE BASSETT FAMILY REPRESENTED ON THE BOARD. THE ORGANIZATION'S BUILDING IS USED AS A YOUTH VOLUNTEER AND RESOURCE CENTER AND STAGING AREA FOR ALL VOLUNTEER SERVICE PROJECTS AND MEETINGS.LATE IN 2012, A DECISION WAS MADE BY THE BOARD TO CONTRIBUTE $198,290 OF THE FOUNDATION'S ASSETS TO THE COMMUNITY FOUNDATION FOR SOUTH CENTRAL NEW YORK, INC. AS A FIELD OF INTEREST FUND.</FactsAndCircumstancesTest>
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        <DescriptionOfAsset>CHEMUNG CANAL TRUST COMPANY - EXXONMOBIL 1050 SHARES</DescriptionOfAsset>
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        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: APALACHIN PUBLIC LIBRARY. GRANTEE ADDRESS: 719 MAIN ST OWEGO, NY 13827. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 250.</Explanation>
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        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: TIOGA COUNTY RURAL MINISTRY. GRANTEE ADDRESS: 143 NORTH AVE OWEGO, NY 13827. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 300.</Explanation>
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        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: RICHFORD SUMMER YOUTH PROGRAM. GRANTEE ADDRESS: 56 MAIN STREET OWEGO, NY 13827. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 500.</Explanation>
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        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: TIOGA COUNTY COUNCIL ON THE ARTS. GRANTEE ADDRESS: 179 FRONT STREET OWEGO, NY 13827. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 250.</Explanation>
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        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: CAMP AHWAGA ASSOCIATION. GRANTEE ADDRESS: PO BOX 3 OWEGO, NY 13827. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 400.</Explanation>
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        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: TIOGA COUNTY OPEN DOOR MISSION. GRANTEE ADDRESS: 425 NORTH AVENUE OWEGO, NY 13827. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 250.</Explanation>
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        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: COMMUNITY CARE OF NICHOLS. GRANTEE ADDRESS: 84 CADY AVENUE NICHOLS, NY 13812-2559. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 250.</Explanation>
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        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: NEWARK VALLEY HIGH SCHOOL INTERACT CLUB. GRANTEE ADDRESS: 68 WILSON CREEK ROAD NEWARK VALLEY, NY 13811. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 300.</Explanation>
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        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: RICHFORD COMMUNITY AUXILLARY. GRANTEE ADDRESS: 62 STATE ROUTE 200 HARFORD MILLS, NY 13835. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 400.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: ALLIED CHRISTIANS OF TIOGA. GRANTEE ADDRESS: 2610 MAIN ST OWEGO, NY 13827. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 250.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: APALCHIN YOUTH ATHLETIC ASSOCIATION. GRANTEE ADDRESS: MUTH PARK/BARTON RD APALACHIN, NY 13732. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 250.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: CATHOLIC CHARITIES TIOGA OUTREACH CENTER. GRANTEE ADDRESS: 139 ROKI BLVD NICHOLS, NY 13812-2559. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 400.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: CUB SCOUT PACK 37. GRANTEE ADDRESS: MAIN ST OWEGO , NY 13827. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 400.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: CUB SCOUT PACK 43. GRANTEE ADDRESS: MAIN ST OWEGO, NY 13827. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 250.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: OWEGO APALACHIN MIDDLE SCHOOL. GRANTEE ADDRESS: 3 SHELDON GUILE BLVD OWEGO, NY 13827. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 400.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: SCHOOL AGE CHILD CARE. GRANTEE ADDRESS: PO BOX 13 NEWARK VALLEY, NY 13811. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 250.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: TI-AHWAGA COMMUNITY PLAYERS. GRANTEE ADDRESS: 42 DELPHINE ST OWEGO, NY 13827. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 400.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: CHARLES &amp; HARRIETT BASSETT SCHOLARSHIP. GRANTEE NAME: KENDRA DEWEY-WRIGHT. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 500.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: ROBERT VAN RENSSELEAR BASSETT SCHOLARSHIP. GRANTEE NAME: NICOLAS FINNESSEY. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 05/08/12. AMOUNT GIVEN: 500.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: VIVIANA PENA SCHOLARSHIP. GRANTEE NAME: BRIDGET QUARANTA. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 07/13/12. AMOUNT GIVEN: 500.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GRANTS AND SIMILAR AMOUNTS PAID</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 10</ReturnReference>
        <Explanation>ACTIVITY CLASSIFICATION: COMMUNITY YOUTH DEVELOPMENT. GRANTEE NAME: COMMUNITY FOUNDATION OF SOUTH CENTRAL NEW YORK. GRANTEE ADDRESS: 520 COLUMBIA DRIVE JOHNSON CITY, NY 13790. PROPERTY DESCRIPTION: CASH AND SECURITIES. DATE OF GIFT: 12/19/12. AMOUNT GIVEN: 198,290. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 205,290.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OCCUPANCY, RENT, UTILITIES AND MAINTENENCE</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 14</ReturnReference>
        <Explanation>DESCRIPTION: DEPRECIATION. AMOUNT: 2,064. DESCRIPTION: OTHER EXPENSES. AMOUNT: 2,922. TOTAL TO FORM 990-EZ, LINE 14: 4,986.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER EXPENSES</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 16</ReturnReference>
        <Explanation>DESCRIPTION: MANAGEMENT FEES. AMOUNT: 1,457. DESCRIPTION: INSURANCE. AMOUNT: 657. TOTAL TO FORM 990-EZ, LINE 16: 2,114.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER LIABILITIES</Identifier>
        <ReturnReference>FORM 990-EZ, PART II, LINE 26</ReturnReference>
        <Explanation>DESCRIPTION: DUE TO ROBERT C. BASSETT. BEG. OF YEAR AMOUNT: 4,445. END OF YEAR AMOUNT: 0.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <TransferPrsnlBnftContractsDecl documentId="RetDoc2278000001">
      <Declaration>THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.</Declaration>
    </TransferPrsnlBnftContractsDecl>
  </ReturnData>
</Return>