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            <AddressLine1>12830 SHORT AVE</AddressLine1>
            <City>LOS ANGELES</City>
            <State>CA</State>
            <ZIPCode>90066</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>GENEVIEVE VATTEROTT HAAS</PersonName>
          <USAddress>
            <AddressLine1>7210 LINDELL BLVD</AddressLine1>
            <City>ST LOUIS</City>
            <State>MO</State>
            <ZIPCode>63130</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>PATRICK VATTEROTT</PersonName>
          <USAddress>
            <AddressLine1>7214 PRINCETON AVE</AddressLine1>
            <City>ST LOUIS</City>
            <State>MO</State>
            <ZIPCode>63130</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>2946668</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>133556</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>2847722</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>5927946</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>5927946</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>88919</CashDeemedCharitable>
        <NetNoncharitableAssets>5839027</NetNoncharitableAssets>
        <MinimumInvestmentReturn>291951</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>291951</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>1181</TaxBasedOnInvestmentIncome>
        <TotalTax>1181</TotalTax>
        <DistributableAmountBeforeAdj>290770</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>290770</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>290770</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>448698</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>448698</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>0</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>448698</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>290770</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <ExcessDistriCarryoverYear5>1509083</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>350882</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>641272</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>764274</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>208040</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>3473551</TotalExcessDistriCarryover>
        <QualifyingDistributions>448698</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>290770</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>157928</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>3631479</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>1509083</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>2122396</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>350882</ExcessFromYear4>
        <ExcessFromYear3>641272</ExcessFromYear3>
        <ExcessFromYear2>764274</ExcessFromYear2>
        <ExcessFromYear1>208040</ExcessFromYear1>
        <ExcessFromCurrentYear>157928</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ACCESS ACADEMIES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>12120 BRIDGETON SQUARE DRIVE</AddressLine1>
            <City>BRIDGETON</City>
            <State>MO</State>
            <ZIPCode>63044</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>35000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BOYS HOPE GIRLS HOPE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>12120 BRIDGETON SQUARE DRIVE</AddressLine1>
            <City>BRIDGETON</City>
            <State>MO</State>
            <ZIPCode>63044</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>55000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CATHOLIC EDUCATION OFFICE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4445 LINDELL BOULEVARD</AddressLine1>
            <City>ST LOUIS</City>
            <State>MO</State>
            <ZIPCode>63108</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>4105</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHRIST THE KING CATHOLIC CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>7316 BALSON AVENUE</AddressLine1>
            <City>UNIVERSITY CITY</City>
            <State>MO</State>
            <ZIPCode>63130</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FADICA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1350 CONNECTICUT AVE NW 825</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20036</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>8435</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GUADALUPE CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>509 HOPE CIRCLE</AddressLine1>
            <City>IMMOKALEE</City>
            <State>FL</State>
            <ZIPCode>34142</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JP FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>960 W HEDDING ST</AddressLine1>
            <City>SAN JOSE</City>
            <State>CA</State>
            <ZIPCode>95126</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LOYOLA ACADEMY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3851 WASHINGTON BOULEVARD</AddressLine1>
            <City>ST LOUIS</City>
            <State>MO</State>
            <ZIPCode>63108</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>12000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ST ELIZABETH ACEADEMY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3401 ARSENAL STREET</AddressLine1>
            <City>ST LOUIS</City>
            <State>MO</State>
            <ZIPCode>63118</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>24158</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CATHOLIC CHARITIES ARCHDIOCESE OF SAINT LOUIS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4532 LINDELL BOULEVARD</AddressLine1>
            <City>ST LOUIS</City>
            <State>MO</State>
            <ZIPCode>63108</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ST FRANCIS MISSION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 499</AddressLine1>
            <City>ST FRANCIS</City>
            <State>SD</State>
            <ZIPCode>57572</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>75000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ST JOHN VIANNEY HIGH SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1311 S KIRKWOOD ROAD</AddressLine1>
            <City>ST LOUIS</City>
            <State>MO</State>
            <ZIPCode>63122</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CATHOLIC EXTENSION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>150 SOUTH WACKER DRIVE</AddressLine1>
            <City>CHICAGO</City>
            <State>IL</State>
            <ZIPCode>60606</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ST MARY'S HIGH SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4701 SOUTH GRAND BOULEVARD</AddressLine1>
            <City>ST LOUIS</City>
            <State>MO</State>
            <ZIPCode>63111</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE SOULARD SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1110 VICTOR STREET</AddressLine1>
            <City>ST LOUIS</City>
            <State>MO</State>
            <ZIPCode>63104</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ASSISTANCE FOR ITS CHARITABLE FUNCTION</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>448698</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>67375</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>67579</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <NetRntlIncmReNotDebtFincdProp>
          <ExclusionCode>16</ExclusionCode>
          <ExclusionAmount>-185994</ExclusionAmount>
        </NetRntlIncmReNotDebtFincdProp>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>125414</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <OtherRevenueDescribed>
          <Description>MISCELLANEOUS</Description>
          <UnrelatedBusinessIncomeAmount>8601</UnrelatedBusinessIncomeAmount>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>8601</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>74374</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>82975</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
          <LineNumber>8</LineNumber>
          <RelationshipStatement>SECURITY INVESTMENTS ARE MANAGED WITH INTENT TO MAXIMIZE PROFITS TO</RelationshipStatement>
        </RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
          <LineNumber>8</LineNumber>
          <RelationshipStatement>PROVIDE FUNDS TO ASSIST SELECTED CHARITABLE ORGANIZATIONS.</RelationshipStatement>
        </RlnOfActyToAccomOfExemptPrps>
      </RlnOfActyToAccomOfExemptPrps>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>0</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>0</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>0</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>0</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>0</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>0</ReimbursementArrangements>
        <LoansOrLoanGuarantees>0</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>0</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>0</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>0</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFees>
        <Category>ACCOUNTING</Category>
        <Amount>2495</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="RetDoc2203000001">
      <Depreciation>
        <DescriptionOfProperty>10259 ST CHARLES ROCK ROAD ST ANN, MO</DescriptionOfProperty>
        <DateAcquired>2006-05-01</DateAcquired>
        <CostOrOtherBasis>77000</CostOrOtherBasis>
        <ComputationMethod>L</ComputationMethod>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>10259 ST CHARLES ROCK ROAD ST ANN, MO</DescriptionOfProperty>
        <DateAcquired>2006-05-01</DateAcquired>
        <CostOrOtherBasis>273000</CostOrOtherBasis>
        <PriorYearsDepreciation>39375</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>39.000000000000</Life>
        <CurrentYearExpense>7000</CurrentYearExpense>
        <NetInvestmentIncome>7000</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>10257 ST CHARLES ROCK ROAD ST ANN, MO</DescriptionOfProperty>
        <DateAcquired>2006-05-01</DateAcquired>
        <CostOrOtherBasis>2000000</CostOrOtherBasis>
        <PriorYearsDepreciation>288461</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>39.000000000000</Life>
        <CurrentYearExpense>51282</CurrentYearExpense>
        <NetInvestmentIncome>51282</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>8100 TRAIL BOULEVARD NAPLES, FL</DescriptionOfProperty>
        <DateAcquired>2008-11-18</DateAcquired>
        <CostOrOtherBasis>140000</CostOrOtherBasis>
        <ComputationMethod>L</ComputationMethod>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>8100 TRAIL BOULEVARD NAPLES, FL</DescriptionOfProperty>
        <DateAcquired>2008-11-18</DateAcquired>
        <CostOrOtherBasis>1260000</CostOrOtherBasis>
        <PriorYearsDepreciation>100962</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>39.000000000000</Life>
        <CurrentYearExpense>32308</CurrentYearExpense>
        <NetInvestmentIncome>32308</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>8100 TRAIL BOULEVARD IMPROVEMENTS NAPLES, FL</DescriptionOfProperty>
        <DateAcquired>2009-01-31</DateAcquired>
        <CostOrOtherBasis>46962</CostOrOtherBasis>
        <PriorYearsDepreciation>3562</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>39.000000000000</Life>
        <CurrentYearExpense>1204</CurrentYearExpense>
        <NetInvestmentIncome>1204</NetInvestmentIncome>
      </Depreciation>
    </DepreciationSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>MERRILL LYNCH EQUITIES</NameOfStock>
        <EOYBookValue>2708896</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsLandSchedule2 documentId="RetDoc2059100001">
      <InvestmentLand>
        <CategoryOrItem>10259 ST CHARLES ROCK ROAD ST ANN, MO</CategoryOrItem>
        <CostOrOtherBasis>77000</CostOrOtherBasis>
        <AccumulatedDepreciation>0</AccumulatedDepreciation>
        <BookValue>77000</BookValue>
        <EOYFMV>57750</EOYFMV>
      </InvestmentLand>
      <InvestmentLand>
        <CategoryOrItem>10259 ST CHARLES ROCK ROAD ST ANN, MO</CategoryOrItem>
        <CostOrOtherBasis>273000</CostOrOtherBasis>
        <AccumulatedDepreciation>46375</AccumulatedDepreciation>
        <BookValue>226625</BookValue>
        <EOYFMV>204750</EOYFMV>
      </InvestmentLand>
      <InvestmentLand>
        <CategoryOrItem>10257 ST CHARLES ROCK ROAD ST ANN, MO</CategoryOrItem>
        <CostOrOtherBasis>2000000</CostOrOtherBasis>
        <AccumulatedDepreciation>339743</AccumulatedDepreciation>
        <BookValue>1660257</BookValue>
        <EOYFMV>1500000</EOYFMV>
      </InvestmentLand>
      <InvestmentLand>
        <CategoryOrItem>8100 TRAIL BOULEVARD NAPLES, FL</CategoryOrItem>
        <CostOrOtherBasis>140000</CostOrOtherBasis>
        <AccumulatedDepreciation>0</AccumulatedDepreciation>
        <BookValue>140000</BookValue>
        <EOYFMV>105000</EOYFMV>
      </InvestmentLand>
      <InvestmentLand>
        <CategoryOrItem>8100 TRAIL BOULEVARD NAPLES, FL</CategoryOrItem>
        <CostOrOtherBasis>1260000</CostOrOtherBasis>
        <AccumulatedDepreciation>133270</AccumulatedDepreciation>
        <BookValue>1126730</BookValue>
        <EOYFMV>945000</EOYFMV>
      </InvestmentLand>
      <InvestmentLand>
        <CategoryOrItem>8100 TRAIL BOULEVARD IMPROVEMENTS NAPLES, FL</CategoryOrItem>
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