﻿<?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="2011v1.5">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-07-12T13:42:52-05:00</Timestamp>
    <TaxPeriodEndDate>2012-08-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>204193611</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Batts Morrison Wales &amp; Lee PA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>801 North Orange Avenue Suite 800</AddressLine1>
        <City>Orlando</City>
        <State>FL</State>
        <ZIPCode>32801</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-09-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>592851282</EIN>
      <Name>
        <BusinessNameLine1>The Believers Foundation Inc</BusinessNameLine1>
      </Name>
      <NameControl>BELI</NameControl>
      <Phone>8136815796</Phone>
      <USAddress>
        <AddressLine1>Post Office Box 428</AddressLine1>
        <City>Mango</City>
        <State>FL</State>
        <ZIPCode>33550</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Ken Fuller</Name>
      <Title>Executive Director</Title>
      <Phone>8136815796</Phone>
      <DateSigned>2013-07-11</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Michele M Wales</Name>
      <PTIN>P00428093</PTIN>
      <Phone>4077706000</Phone>
      <DatePrepared>2013-07-11</DatePrepared>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="14">
    <IRS990PF documentId="RetDoc1235000001">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>22074485</FMVAssetsEOY>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>24000</ContriReceivedRevAndExpnss>
        <InterestOnSavingsRevAndExpnss>543850</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>542697</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>22632</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>22632</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>164960</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>6712606</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>164604</CapitalGainNetIncmNetInvstIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="RetDoc2001500001">9399</OtherIncomeRevAndExpnss>
        <OtherIncomeNetInvstIncm>2167</OtherIncomeNetInvstIncm>
        <TotalRevenueAndExpenses>764841</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>732100</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>111416</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>0</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>0</CompOfcrDirTrstDsbrsChrtblPrps>
        <OthEmplSlrsWgsRevAndExpnss>52276</OthEmplSlrsWgsRevAndExpnss>
        <OthEmplSlrsWgsNetInvstIncm>0</OthEmplSlrsWgsNetInvstIncm>
        <OthEmplSlrsWgsDsbrsChrtblPrps>0</OthEmplSlrsWgsDsbrsChrtblPrps>
        <PensionEmplBnftRevAndExpnss>36355</PensionEmplBnftRevAndExpnss>
        <PensionEmplBnftNetInvstIncm>0</PensionEmplBnftNetInvstIncm>
        <PensionEmplBnftDsbrsChrtblPrps>0</PensionEmplBnftDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc2002200001">13427</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>10473</AccountingFeesNetInvstIncm>
        <AccountingFeesDsbrsChrtblPrps>0</AccountingFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="RetDoc2002300001">70447</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>70279</OtherProfFeesNetInvstIncm>
        <OtherProfFeesDsbrsChrtblPrps>0</OtherProfFeesDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">20357</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>0</TaxesNetInvstIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <DeprecAndDepletionRevAndExpnss referenceDocumentId="RetDoc2203000001">28699</DeprecAndDepletionRevAndExpnss>
        <DeprecAndDepletionNetInvstIncm>0</DeprecAndDepletionNetInvstIncm>
        <OccupancyRevAndExpnss>52127</OccupancyRevAndExpnss>
        <OccupancyNetInvstIncm>0</OccupancyNetInvstIncm>
        <OccupancyDsbrsChrtblPrps>0</OccupancyDsbrsChrtblPrps>
        <TravConfMeetingRevAndExpnss>27792</TravConfMeetingRevAndExpnss>
        <TravConfMeetingNetInvstIncm>0</TravConfMeetingNetInvstIncm>
        <TravConfMeetingDsbrsChrtblPrps>27792</TravConfMeetingDsbrsChrtblPrps>
        <PrintingAndPubRevAndExpnss>1583</PrintingAndPubRevAndExpnss>
        <PrintingAndPubNetInvstIncm>0</PrintingAndPubNetInvstIncm>
        <PrintingAndPubDsbrsChrtblPrps>332</PrintingAndPubDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc2003200001">74555</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>12704</OtherExpensesNetInvstIncm>
        <OtherExpensesDsbrsChrtblPrps>59862</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>489034</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>93456</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>87986</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>4104607</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>4104607</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>4593641</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>93456</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>4192593</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-3828800</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>638644</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>17882</CashBOY>
        <CashEOY>212722</CashEOY>
        <CashEOYFMV>212722</CashEOYFMV>
        <OtherNotesAndLoansReceivable>326411</OtherNotesAndLoansReceivable>
        <AllwncForDbtflAcctOtherRcvbl>0</AllwncForDbtflAcctOtherRcvbl>
        <OtherNotesAndLoansRcvblBOY>367359</OtherNotesAndLoansRcvblBOY>
        <OtherNotesAndLoansRcvblEOY referenceDocumentId="RetDoc2958600001">326411</OtherNotesAndLoansRcvblEOY>
        <OtherNotesAndLoansRcvblEOYFMV>326411</OtherNotesAndLoansRcvblEOYFMV>
        <InvestmentsCorpStockBOY>18862881</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc2018900001">13923720</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>14176766</InvestmentsCorpStockEOYFMV>
        <InvestmentsOtherBOY>6390443</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="RetDoc2018100001">7371234</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>6409386</InvestmentsOtherEOYFMV>
        <LandBuildingAndEquipmentBasis>513812</LandBuildingAndEquipmentBasis>
        <AccumDeprecLandBldgAndEquip>128486</AccumDeprecLandBldgAndEquip>
        <LandBuildingAndEquipmentBOY>412491</LandBuildingAndEquipmentBOY>
        <LandBuildingAndEquipmentEOY referenceDocumentId="RetDoc2059000001">385326</LandBuildingAndEquipmentEOY>
        <LandBuildingAndEquipmentEOYFMV>949200</LandBuildingAndEquipmentEOYFMV>
        <TotalAssetsBOY>26051056</TotalAssetsBOY>
        <TotalAssetsEOY>22219413</TotalAssetsEOY>
        <TotalAssetsEOYFMV>22074485</TotalAssetsEOYFMV>
        <OtherLiabilitiesBOY referenceDocumentId="RetDoc2065700001">3182</OtherLiabilitiesBOY>
        <OtherLiabilitiesEOY referenceDocumentId="RetDoc2065700001">339</OtherLiabilitiesEOY>
        <TotalLiabilitiesBOY>3182</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>339</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>0</CapitalStockBOY>
        <CapitalStockEOY>0</CapitalStockEOY>
        <PaidInOrCapitalSurplusBOY>0</PaidInOrCapitalSurplusBOY>
        <PaidInOrCapitalSurplusEOY>0</PaidInOrCapitalSurplusEOY>
        <RetainedEarningsBOY>26047874</RetainedEarningsBOY>
        <RetainedEarningsEOY>22219074</RetainedEarningsEOY>
        <TotalNetAssetsBOY>26047874</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>22219074</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>26051056</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>22219413</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>26047874</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-3828800</ExcessOfRevenueOverExpenses>
        <OtherIncreases>0</OtherIncreases>
        <Subtotal>22219074</Subtotal>
        <OtherDecreases>0</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>22219074</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Bennu Investment Partners, L.P.</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <GrossSalesPrice>7</GrossSalesPrice>
          <GainOrLoss>7</GainOrLoss>
          <GainsMinusExcessOrLosses>7</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Bennu Investment Partners, L.P.</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <GrossSalesPrice>693</GrossSalesPrice>
          <GainOrLoss>693</GainOrLoss>
          <GainsMinusExcessOrLosses>693</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Veritable Silver Point Partners, L.P.</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <CostOrOtherBasis>210</CostOrOtherBasis>
          <GainOrLoss>-210</GainOrLoss>
          <GainsMinusExcessOrLosses>-210</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Veritable Silver Point Partners, L.P.</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <CostOrOtherBasis>2787</CostOrOtherBasis>
          <GainOrLoss>-2787</GainOrLoss>
          <GainsMinusExcessOrLosses>-2787</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Veritable WCP Partners, L.P.</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <GrossSalesPrice>258</GrossSalesPrice>
          <GainOrLoss>258</GainOrLoss>
          <GainsMinusExcessOrLosses>258</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Veritable WCP Partners, L.P.</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <CostOrOtherBasis>5245</CostOrOtherBasis>
          <GainOrLoss>-5245</GainOrLoss>
          <GainsMinusExcessOrLosses>-5245</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Veritable - Publicly traded securities</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <GrossSalesPrice>6680995</GrossSalesPrice>
          <CostOrOtherBasis>6539760</CostOrOtherBasis>
          <GainOrLoss>141235</GainOrLoss>
          <GainsMinusExcessOrLosses>141235</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Publicly traded securities</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>782</GrossSalesPrice>
          <GainOrLoss>782</GainOrLoss>
          <GainsMinusExcessOrLosses>782</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Publicly traded securities</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>29871</GrossSalesPrice>
          <GainOrLoss>29871</GainOrLoss>
          <GainsMinusExcessOrLosses>29871</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>164604</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>0</LiableFor4942Tax>
        <QualifyingDistributionsYear1>3582141</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>26252030</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.136452</DistributionRatioYear1>
        <QualifyingDistributionsYear2>3634616</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>27618176</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.131602</DistributionRatioYear2>
        <QualifyingDistributionsYear3>3873160</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>32586426</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.118858</DistributionRatioYear3>
        <QualifyingDistributionsYear4>3504474</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>32401929</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.108156</DistributionRatioYear4>
        <QualifyingDistributionsYear5>3214520</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>34723525</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.092575</DistributionRatioYear5>
        <TotalDistributionRatio>0.587643</TotalDistributionRatio>
        <AverageDistributionRatio>0.117529</AverageDistributionRatio>
        <NetNoncharitableAssets>23122173</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>2717526</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>6386</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>2723912</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>4192593</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>6386</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>6386</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>6386</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>24074</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>24074</TotalCreditsAndPayments>
        <Overpayment>17688</Overpayment>
        <AmountCreditedToNextYear>17688</AmountCreditedToNextYear>
        <AmountToBeRefunded>0</AmountToBeRefunded>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>0</LegislativePoliticalActivities>
        <MoreThan100Spent>0</MoreThan100Spent>
        <Form1120POLFiled>0</Form1120POLFiled>
        <Sect4955TaxOnOrganization>0</Sect4955TaxOnOrganization>
        <Sect4955TaxOnManagers>0</Sect4955TaxOnManagers>
        <ReimbursementOfTax>0</ReimbursementOfTax>
        <ActivitiesNotPrevReported>0</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>0</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>1</UnrelatedBusIncomeOver1000>
        <Form990TFiled>1</Form990TFiled>
        <TerminationEtc>0</TerminationEtc>
        <RequirementsOfSect508e>1</RequirementsOfSect508e>
        <AtLeast5000InAssets>1</AtLeast5000InAssets>
        <StatesFiledWith>FL</StatesFiledWith>
        <StatesFiledWith>GA</StatesFiledWith>
        <Form990PFFiledWithAG>1</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>0</PrivateOperatingFoundation>
        <NewSubstantialContributors>0</NewSubstantialContributors>
        <InterestInControlledEntity>0</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>None</WebsiteAddress>
        <BooksInCareOfPersonName>Kenneth G Fuller</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>8136815796</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>PO Box 428</AddressLine1>
          <City>Mango</City>
          <State>FL</State>
          <ZIPCode>33550</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>0</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>0</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>0</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>1</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>1</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>0</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>0</PaymentToGovernmentOffical>
        <ActsFailToQualifyAsExceptions>0</ActsFailToQualifyAsExceptions>
        <UncorrectedPriorActs>0</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>0</UndistributedIncomePriorYears>
        <BusinessHoldings>0</BusinessHoldings>
        <JeopardyInvestments>0</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>0</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>0</InfluenceLegislation>
        <InfluenceElection>0</InfluenceElection>
        <GrantsToIndividuals>0</GrantsToIndividuals>
        <GrantsToOrganizations>1</GrantsToOrganizations>
        <NoncharitablePurpose>0</NoncharitablePurpose>
        <TrFailToQualifyAsExceptions>0</TrFailToQualifyAsExceptions>
        <MaintExpendResponsibility referenceDocumentId="RetDoc2118100001">1</MaintExpendResponsibility>
        <RcvFundsToPayPrsnlBnftContract>0</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>0</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>0</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Stephen L Jaeb</PersonName>
          <USAddress>
            <AddressLine1>PO Box 428</AddressLine1>
            <City>Mango</City>
            <State>FL</State>
            <ZIPCode>33550</ZIPCode>
          </USAddress>
          <Title>President</Title>
          <AvgHoursPerWkDevotedToPosition>10.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Kenneth G Fuller</PersonName>
          <USAddress>
            <AddressLine1>PO Box 428</AddressLine1>
            <City>Mango</City>
            <State>FL</State>
            <ZIPCode>33550</ZIPCode>
          </USAddress>
          <Title>Vice President/Executive Director</Title>
          <AvgHoursPerWkDevotedToPosition>40.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>89885</Compensation>
          <ContriToEmplBenefitPlansEtc>21531</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Sandra D Jaeb</PersonName>
          <USAddress>
            <AddressLine1>PO Box 428</AddressLine1>
            <City>Mango</City>
            <State>FL</State>
            <ZIPCode>33550</ZIPCode>
          </USAddress>
          <Title>Secretary/Treasurer</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompensationOfHghstPaidCntrct>
          <BusinessName>
            <BusinessNameLine1>Veritable LP</BusinessNameLine1>
          </BusinessName>
          <USAddress>
            <AddressLine1>6022 West Chester Pike</AddressLine1>
            <City>Newtown Square</City>
            <State>PA</State>
            <ZIPCode>19073</ZIPCode>
          </USAddress>
          <TypeOfService>Investment Fees</TypeOfService>
          <Compensation>51955</Compensation>
        </CompensationOfHghstPaidCntrct>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy>
        <Description1>The Foundation is directly involved in the day to day operations of MEDA in Honduras, Central America and directly incurs expenses relating to the operation of the seminary. The Foundation is also directly involved in the day to day operations of Exalting Christ in Honduras, an organization created to take over the assets and operations of MEDA.</Description1>
        <Expenses1>21792</Expenses1>
        <Description2>The Foundation occassionally pays travel-related costs for individual missionaries from related ministries to support their missionary activities.</Description2>
        <Expenses2>17125</Expenses2>
        <Description3>The Foundation trains pastors and teaches in schools in Asia.</Description3>
        <Expenses3>12817</Expenses3>
        <Description4>The Foundation supports individuals and missionaries from related ministries who speak at various local events by providing small honorariums for their time.</Description4>
        <Expenses4>5000</Expenses4>
      </SummaryOfDirectCharitableActy>
      <SumOfProgramRelatedInvestments>
        <Description1>N/A</Description1>
        <Amount1>0</Amount1>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>16166052</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>151795</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>7156440</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>23474287</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>23474287</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>352114</CashDeemedCharitable>
        <NetNoncharitableAssets>23122173</NetNoncharitableAssets>
        <MinimumInvestmentReturn>1156109</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>1156109</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>6386</TaxBasedOnInvestmentIncome>
        <IncomeTaxForThisYear>889</IncomeTaxForThisYear>
        <TotalTax>7275</TotalTax>
        <DistributableAmountBeforeAdj>1148834</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>1148834</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>1148834</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>4192593</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>4192593</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>6386</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>4186207</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>1148834</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <ExcessDistriCarryoverYear5>1621415</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>2063650</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>2254125</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>2263997</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>2282164</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>10485351</TotalExcessDistriCarryover>
        <QualifyingDistributions>4192593</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>1148834</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>3043759</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>13529110</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>1621415</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>11907695</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>2063650</ExcessFromYear4>
        <ExcessFromYear3>2254125</ExcessFromYear3>
        <ExcessFromYear2>2263997</ExcessFromYear2>
        <ExcessFromYear1>2282164</ExcessFromYear1>
        <ExcessFromCurrentYear>3043759</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>Stephen L Jaeb</ContributingManager>
        <ContributingManager>Sandra D Jaeb</ContributingManager>
        <AppicationSubmissionInfo>
          <RecipientName>Ken Fuller Executive Director</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 428</AddressLine1>
            <City>Mango</City>
            <State>FL</State>
            <ZIPCode>33550</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>8136815796</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>None Specified</FormAndInfoAndMaterials>
          <SubmissionDeadlines>None</SubmissionDeadlines>
          <RestrictionsOnAwards>Religious Organizations</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Agape Baptist Church</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>129968 East 1400 Road</AddressLine1>
            <City>Stockton</City>
            <State>MO</State>
            <ZIPCode>65785</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>12000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Alpha and Omega Ministries Inc</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 37106</AddressLine1>
            <City>Phoenix</City>
            <State>AZ</State>
            <ZIPCode>85069</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Aurora Mission Inc</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 1549</AddressLine1>
            <City>Bradenton</City>
            <State>FL</State>
            <ZIPCode>34206</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>91000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Baptist Mid-Missions</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>7749 Webster Road</AddressLine1>
            <City>Cleveland</City>
            <State>OH</State>
            <ZIPCode>44130</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Bible Basics International</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 726</AddressLine1>
            <City>Odessa</City>
            <State>FL</State>
            <ZIPCode>33556</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Biblical Ministries Worldwide</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1595 Herrington Road</AddressLine1>
            <City>Lawrenceville</City>
            <State>GA</State>
            <ZIPCode>30043</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>9000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Christ Baptist Church</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1>PO Box 857 Fauna Park</AddressLine1>
            <ProvinceOrState>Pietersburg</ProvinceOrState>
            <Country>SF</Country>
          </RecipientForeignAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Foreign Nonprofit -</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>260000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Comm Bible Church of Vallejo Solano County Inc - Exalting Christ Min</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>710 Broadway Street</AddressLine1>
            <City>Vallejo</City>
            <State>CA</State>
            <ZIPCode>94590</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>115138</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Cornerstone Seminary</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>710 Broadway Street</AddressLine1>
            <City>Vallejo</City>
            <State>CA</State>
            <ZIPCode>94590</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Expositors Seminary Inc</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>17475 Jonathan Drive</AddressLine1>
            <City>Jupiter</City>
            <State>FL</State>
            <ZIPCode>33477</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>120000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Faith Bible Church</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4907 Highway 34 East</AddressLine1>
            <City>Sharpsburg</City>
            <State>GA</State>
            <ZIPCode>30277</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>75000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Fellowship Bible Church</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 427</AddressLine1>
            <City>Mango</City>
            <State>FL</State>
            <ZIPCode>33550</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>7985</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Friends of Israel Gospel Ministry Inc</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 908</AddressLine1>
            <City>Bellmawr</City>
            <State>NJ</State>
            <ZIPCode>08099</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Front Range Bible Institute</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3435 Maizeland Road</AddressLine1>
            <City>Colorado Springs</City>
            <State>CO</State>
            <ZIPCode>80909</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Grace Bible Church of Tampa</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>12101 56th Street N</AddressLine1>
            <City>Tampa</City>
            <State>FL</State>
            <ZIPCode>33617</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>37000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Grace Community Church of the Valley</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>13248 Roscoe Boulevard</AddressLine1>
            <City>Sun Valley</City>
            <State>CA</State>
            <ZIPCode>91352</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>565000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Grace Ministries International</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>40 Cleveland Road</AddressLine1>
            <City>Pleasant Hill</City>
            <State>CA</State>
            <ZIPCode>94532</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Institute for Creation Research</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1806 Royal Lane</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75229</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>35000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Jesus Only Way Ministries</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>11705 Boyette Road 155</AddressLine1>
            <City>Riverview</City>
            <State>FL</State>
            <ZIPCode>33569</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Leadership Resources International</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>12575 Ridgeland Avenue</AddressLine1>
            <City>Palo Heights</City>
            <State>IL</State>
            <ZIPCode>60463</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Masters Academy International Inc</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>24307 Magic Mountain Parkway 540</AddressLine1>
            <City>Valencia</City>
            <State>CA</State>
            <ZIPCode>91355</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>220000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Masters College and Seminary</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>13248 Roscoe Boulevard</AddressLine1>
            <City>Sun Valley</City>
            <State>CA</State>
            <ZIPCode>91352</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>445000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MEDA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1>Apartado Postal 199</AddressLine1>
            <City>Siguatepeque</City>
            <ProvinceOrState>Comayagua</ProvinceOrState>
            <Country>HO</Country>
          </RecipientForeignAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Foreign Nonprofit -</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>155000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>National Christian Foundation Inc</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 22774</AddressLine1>
            <City>Tampa</City>
            <State>FL</State>
            <ZIPCode>33622</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>1000000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Proclaiming the Gospel</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 940871</AddressLine1>
            <City>Plano</City>
            <State>TX</State>
            <ZIPCode>75094</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>35000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Propempo International Inc</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>10 Timber Walk Way</AddressLine1>
            <City>Sharpsburg</City>
            <State>GA</State>
            <ZIPCode>30277</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>70000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Shepherds Baptist Ministries Inc</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1805 15th Avenue</AddressLine1>
            <City>Union Grove</City>
            <State>WI</State>
            <ZIPCode>53182</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>75000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Slavic Gospel Association</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>6151 Commonwealth Drive</AddressLine1>
            <City>Loves Park</City>
            <State>IL</State>
            <ZIPCode>61111</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>267200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Sufficiency of Scripture Ministries</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>11608 Grand View Drive</AddressLine1>
            <City>Montgomery</City>
            <State>TX</State>
            <ZIPCode>77356</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>40000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>The Shepherd's Bible College</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientForeignAddress>
            <AddressLine1>PO Box 8229</AddressLine1>
            <ProvinceOrState>Hastings</ProvinceOrState>
            <Country>NZ</Country>
          </RecipientForeignAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Foreign Nonprofit -</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>80000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>United Ministries Fellowship</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 6835</AddressLine1>
            <City>Glendale</City>
            <State>AZ</State>
            <ZIPCode>85312</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>14000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Verse By Verse Ministries Inc</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5800 100th Way N</AddressLine1>
            <City>St Petersburg</City>
            <State>FL</State>
            <ZIPCode>33708</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>West Park Baptist Church</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4004 West Lake Ida Road</AddressLine1>
            <City>Delray Beach</City>
            <State>FL</State>
            <ZIPCode>33445</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>1284</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>Word of Grace Bible Church</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1317 NW 12th Avenue</AddressLine1>
            <City>Battle Ground</City>
            <State>WA</State>
            <ZIPCode>98604</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>None</RecipientRelationship>
          <RecipientFoundationStatus>Public Charity or Eq</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>To Spread the Gospel of Christ</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>4104607</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>543850</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>22632</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <BusinessCode>900000</BusinessCode>
          <UnrelatedBusinessIncomeAmount>356</UnrelatedBusinessIncomeAmount>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>164604</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <OtherRevenueDescribed>
          <Description>Partnership Income</Description>
          <BusinessCode>900000</BusinessCode>
          <UnrelatedBusinessIncomeAmount>7232</UnrelatedBusinessIncomeAmount>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>2167</ExclusionAmount>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>7588</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>733253</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>740841</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <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>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>Rhichard and Pat Nelson</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>PSC 42 Box 123</AddressLine1>
          <City>APO</City>
          <State>AA</State>
          <ZIPCode>34042</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>24000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFees>
        <Category>Accounting &amp; Tax Advisory Services</Category>
        <Amount>13427</Amount>
        <NetInvestmentIncome>10473</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="RetDoc2203000001">
      <Depreciation>
        <DescriptionOfProperty>Video Camera</DescriptionOfProperty>
        <DateAcquired>1990-09-24</DateAcquired>
        <CostOrOtherBasis>1060</CostOrOtherBasis>
        <PriorYearsDepreciation>1060</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>12.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Tape Duplicator</DescriptionOfProperty>
        <DateAcquired>1995-09-28</DateAcquired>
        <CostOrOtherBasis>1434</CostOrOtherBasis>
        <PriorYearsDepreciation>1434</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Laptop Computer</DescriptionOfProperty>
        <DateAcquired>1999-02-15</DateAcquired>
        <CostOrOtherBasis>1174</CostOrOtherBasis>
        <PriorYearsDepreciation>1174</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Office 2000 Software</DescriptionOfProperty>
        <DateAcquired>1999-05-20</DateAcquired>
        <CostOrOtherBasis>513</CostOrOtherBasis>
        <PriorYearsDepreciation>513</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>3.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Automobile</DescriptionOfProperty>
        <DateAcquired>2000-03-31</DateAcquired>
        <CostOrOtherBasis>22000</CostOrOtherBasis>
        <PriorYearsDepreciation>22000</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>5.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Computer</DescriptionOfProperty>
        <DateAcquired>2000-11-13</DateAcquired>
        <CostOrOtherBasis>2012</CostOrOtherBasis>
        <PriorYearsDepreciation>2012</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Computer</DescriptionOfProperty>
        <DateAcquired>2001-07-02</DateAcquired>
        <CostOrOtherBasis>2211</CostOrOtherBasis>
        <PriorYearsDepreciation>2211</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Filing Cabinets</DescriptionOfProperty>
        <DateAcquired>2001-08-21</DateAcquired>
        <CostOrOtherBasis>547</CostOrOtherBasis>
        <PriorYearsDepreciation>547</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>7.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>LCD Projector</DescriptionOfProperty>
        <DateAcquired>2001-09-22</DateAcquired>
        <CostOrOtherBasis>4172</CostOrOtherBasis>
        <PriorYearsDepreciation>4172</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>7.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Xerox Fax Machine</DescriptionOfProperty>
        <DateAcquired>2002-07-12</DateAcquired>
        <CostOrOtherBasis>1524</CostOrOtherBasis>
        <PriorYearsDepreciation>1524</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>7.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Bookshelves</DescriptionOfProperty>
        <DateAcquired>2002-12-12</DateAcquired>
        <CostOrOtherBasis>674</CostOrOtherBasis>
        <PriorYearsDepreciation>674</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>7.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Laptop Computer</DescriptionOfProperty>
        <DateAcquired>2003-01-23</DateAcquired>
        <CostOrOtherBasis>1284</CostOrOtherBasis>
        <PriorYearsDepreciation>1284</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Laptop Computer</DescriptionOfProperty>
        <DateAcquired>2003-04-15</DateAcquired>
        <CostOrOtherBasis>1140</CostOrOtherBasis>
        <PriorYearsDepreciation>1140</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Xerox Copier</DescriptionOfProperty>
        <DateAcquired>2003-01-23</DateAcquired>
        <CostOrOtherBasis>12476</CostOrOtherBasis>
        <PriorYearsDepreciation>12476</PriorYearsDepreciation>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>7.000000000000</Life>
        <CurrentYearExpense>0</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Home</DescriptionOfProperty>
        <DateAcquired>2009-10-31</DateAcquired>
        <CostOrOtherBasis>196110</CostOrOtherBasis>
        <PriorYearsDepreciation>9428</PriorYearsDepreciation>
        <ComputationMethod>SL</ComputationMethod>
        <Life>39.000000000000</Life>
        <CurrentYearExpense>5028</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Leasehold Improvements</DescriptionOfProperty>
        <DateAcquired>2009-10-31</DateAcquired>
        <CostOrOtherBasis>110012</CostOrOtherBasis>
        <PriorYearsDepreciation>15952</PriorYearsDepreciation>
        <ComputationMethod>150DB</ComputationMethod>
        <Life>15.000000000000</Life>
        <CurrentYearExpense>9406</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Leasehold Improvements</DescriptionOfProperty>
        <DateAcquired>2009-10-31</DateAcquired>
        <CostOrOtherBasis>150935</CostOrOtherBasis>
        <PriorYearsDepreciation>21886</PriorYearsDepreciation>
        <ComputationMethod>150DB</ComputationMethod>
        <Life>15.000000000000</Life>
        <CurrentYearExpense>12905</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Leasehold Improvements</DescriptionOfProperty>
        <DateAcquired>2010-10-31</DateAcquired>
        <CostOrOtherBasis>3000</CostOrOtherBasis>
        <PriorYearsDepreciation>300</PriorYearsDepreciation>
        <ComputationMethod>150DB</ComputationMethod>
        <Life>15.000000000000</Life>
        <CurrentYearExpense>270</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Printer</DescriptionOfProperty>
        <DateAcquired>2011-10-21</DateAcquired>
        <CostOrOtherBasis>600</CostOrOtherBasis>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>7.000000000000</Life>
        <CurrentYearExpense>600</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
      <Depreciation>
        <DescriptionOfProperty>Laptop Computer</DescriptionOfProperty>
        <DateAcquired>2012-08-13</DateAcquired>
        <CostOrOtherBasis>934</CostOrOtherBasis>
        <ComputationMethod>200DB</ComputationMethod>
        <Life>5.000000000000</Life>
        <CurrentYearExpense>490</CurrentYearExpense>
        <NetInvestmentIncome>0</NetInvestmentIncome>
      </Depreciation>
    </DepreciationSchedule>
    <ExpenditureResponsibilityStmt documentId="RetDoc2118100001">
      <ExpenditureResponsibility>
        <BusinessName>
          <BusinessNameLine1>Ministerios Evangelicos De Las Americas</BusinessNameLine1>
        </BusinessName>
        <ForeignAddress>
          <AddressLine1>Apartado Postal 199 Siguatepeque</AddressLine1>
          <City>Comayagua</City>
          <Country>HO</Country>
        </ForeignAddress>
        <GrantDate>2012-08-31</GrantDate>
        <GrantAmount>155000</GrantAmount>
        <GrantPurpose>To support the general operations of the grantee organization, for the purpose of training church leaders through conferences and materials.</GrantPurpose>
        <AmountExpendedByGrantee>155000</AmountExpendedByGrantee>
        <AnyDiversionByGrantee>No diversion of funds from the purpose of the grant.</AnyDiversionByGrantee>
        <DatesOfReportsByGrantee>December 28, 2012</DatesOfReportsByGrantee>
      </ExpenditureResponsibility>
      <ExpenditureResponsibility>
        <BusinessName>
          <BusinessNameLine1>Shepherd's Bible College</BusinessNameLine1>
        </BusinessName>
        <ForeignAddress>
          <AddressLine1>PO Box 8229 Havelock North</AddressLine1>
          <City>Hastings</City>
          <Country>NZ</Country>
        </ForeignAddress>
        <GrantDate>2012-08-31</GrantDate>
        <GrantAmount>80000</GrantAmount>
        <GrantPurpose>To support the training and equipping of individuals in New Zealand for leadership in Christian service.</GrantPurpose>
        <AmountExpendedByGrantee>80000</AmountExpendedByGrantee>
        <AnyDiversionByGrantee>No diversion of funds from the purpose of the grant.</AnyDiversionByGrantee>
        <DatesOfReportsByGrantee>January 7, 2013</DatesOfReportsByGrantee>
      </ExpenditureResponsibility>
      <ExpenditureResponsibility>
        <BusinessName>
          <BusinessNameLine1>Christ Baptist Church</BusinessNameLine1>
        </BusinessName>
        <ForeignAddress>
          <AddressLine1>PO Box 857 Fauna Park</AddressLine1>
          <City>Pietersburg</City>
          <Country>SF</Country>
        </ForeignAddress>
        <GrantDate>2012-08-31</GrantDate>
        <GrantAmount>260000</GrantAmount>
        <GrantPurpose>To support the training and equipping of individuals in South Africa for leadership in Christian service.</GrantPurpose>
        <AmountExpendedByGrantee>260000</AmountExpendedByGrantee>
        <AnyDiversionByGrantee>No diversion of funds from the purpose of the grant.</AnyDiversionByGrantee>
        <DatesOfReportsByGrantee>January 7, 2013</DatesOfReportsByGrantee>
      </ExpenditureResponsibility>
    </ExpenditureResponsibilityStmt>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>Veritable</NameOfStock>
        <EOYBookValue>13084774</EOYBookValue>
        <EOYFMV>13236794</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>Merrill Lynch Funds</NameOfStock>
        <EOYBookValue>631946</EOYBookValue>
        <EOYFMV>732972</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>Virtual Bible, Inc.</NameOfStock>
        <EOYBookValue>207000</EOYBookValue>
        <EOYFMV>207000</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOther>
        <CategoryOrItem>Bennu Investment</CategoryOrItem>
        <ListedAtCostOrFMV>FMV</ListedAtCostOrFMV>
        <BookValue>49136</BookValue>
        <EOYFMV>10869</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>Veritable WCP Partners LP</CategoryOrItem>
        <ListedAtCostOrFMV>FMV</ListedAtCostOrFMV>
        <BookValue>3737</BookValue>
        <EOYFMV>15959</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>Veritable Silverpoint LP</CategoryOrItem>
        <ListedAtCostOrFMV>FMV</ListedAtCostOrFMV>
        <BookValue>61655</BookValue>
        <EOYFMV>48489</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>RFID Stock</CategoryOrItem>
        <ListedAtCostOrFMV>FMV</ListedAtCostOrFMV>
        <BookValue>750000</BookValue>
        <EOYFMV>750000</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>Pleiades Offshore</CategoryOrItem>
        <ListedAtCostOrFMV>FMV</ListedAtCostOrFMV>
        <BookValue>1607693</BookValue>
        <EOYFMV>623555</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>Vittoria Offshore</CategoryOrItem>
        <ListedAtCostOrFMV>FMV</ListedAtCostOrFMV>
        <BookValue>3899013</BookValue>
        <EOYFMV>3960514</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>Bankers South High Yield</CategoryOrItem>
        <ListedAtCostOrFMV>FMV</ListedAtCostOrFMV>
        <BookValue>1000000</BookValue>
        <EOYFMV>1000000</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="RetDoc2059000001">
      <LandEtc>
        <CategoryOrItem>Video Camera</CategoryOrItem>
        <CostOrOtherBasis>1060</CostOrOtherBasis>
        <AccumulatedDepreciation>1060</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Tape Duplicator</CategoryOrItem>
        <CostOrOtherBasis>1434</CostOrOtherBasis>
        <AccumulatedDepreciation>1434</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Laptop Computer</CategoryOrItem>
        <CostOrOtherBasis>1174</CostOrOtherBasis>
        <AccumulatedDepreciation>1174</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Office 2000 Software</CategoryOrItem>
        <CostOrOtherBasis>513</CostOrOtherBasis>
        <AccumulatedDepreciation>513</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Automobile</CategoryOrItem>
        <CostOrOtherBasis>22000</CostOrOtherBasis>
        <AccumulatedDepreciation>22000</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Computer</CategoryOrItem>
        <CostOrOtherBasis>2012</CostOrOtherBasis>
        <AccumulatedDepreciation>2012</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Computer</CategoryOrItem>
        <CostOrOtherBasis>2211</CostOrOtherBasis>
        <AccumulatedDepreciation>2211</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Filing Cabinets</CategoryOrItem>
        <CostOrOtherBasis>547</CostOrOtherBasis>
        <AccumulatedDepreciation>547</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>LCD Projector</CategoryOrItem>
        <CostOrOtherBasis>4172</CostOrOtherBasis>
        <AccumulatedDepreciation>4172</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Xerox Fax Machine</CategoryOrItem>
        <CostOrOtherBasis>1524</CostOrOtherBasis>
        <AccumulatedDepreciation>1524</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Bookshelves</CategoryOrItem>
        <CostOrOtherBasis>674</CostOrOtherBasis>
        <AccumulatedDepreciation>674</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Laptop Computer</CategoryOrItem>
        <CostOrOtherBasis>1284</CostOrOtherBasis>
        <AccumulatedDepreciation>1284</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Laptop Computer</CategoryOrItem>
        <CostOrOtherBasis>1140</CostOrOtherBasis>
        <AccumulatedDepreciation>1140</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Xerox Copier</CategoryOrItem>
        <CostOrOtherBasis>12476</CostOrOtherBasis>
        <AccumulatedDepreciation>12476</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Home</CategoryOrItem>
        <CostOrOtherBasis>196110</CostOrOtherBasis>
        <AccumulatedDepreciation>14456</AccumulatedDepreciation>
        <BookValue>181654</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Leasehold Improvements</CategoryOrItem>
        <CostOrOtherBasis>110012</CostOrOtherBasis>
        <AccumulatedDepreciation>25358</AccumulatedDepreciation>
        <BookValue>84654</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Leasehold Improvements</CategoryOrItem>
        <CostOrOtherBasis>150935</CostOrOtherBasis>
        <AccumulatedDepreciation>34791</AccumulatedDepreciation>
        <BookValue>116144</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Leasehold Improvements</CategoryOrItem>
        <CostOrOtherBasis>3000</CostOrOtherBasis>
        <AccumulatedDepreciation>570</AccumulatedDepreciation>
        <BookValue>2430</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Printer</CategoryOrItem>
        <CostOrOtherBasis>600</CostOrOtherBasis>
        <AccumulatedDepreciation>600</AccumulatedDepreciation>
        <BookValue>0</BookValue>
      </LandEtc>
      <LandEtc>
        <CategoryOrItem>Laptop Computer</CategoryOrItem>
        <CostOrOtherBasis>934</CostOrOtherBasis>
        <AccumulatedDepreciation>490</AccumulatedDepreciation>
        <BookValue>444</BookValue>
      </LandEtc>
    </LandEtcSchedule2>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>Office Expense</Description>
        <RevenueAndExpensesPerBooks>13126</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>10238</NetInvestmentIncome>
        <DisbursementsCharitablePrps>2888</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Postage &amp; Shipping</Description>
        <RevenueAndExpensesPerBooks>323</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>252</NetInvestmentIncome>
        <DisbursementsCharitablePrps>71</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Telephone &amp; Internet</Description>
        <RevenueAndExpensesPerBooks>2383</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>2214</NetInvestmentIncome>
        <DisbursementsCharitablePrps>169</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Insurance</Description>
        <RevenueAndExpensesPerBooks>1201</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Pastor Training Expenses</Description>
        <RevenueAndExpensesPerBooks>12817</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>12817</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Exalting Christ in Honduras</Description>
        <RevenueAndExpensesPerBooks>12707</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>12707</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MEDA</Description>
        <RevenueAndExpensesPerBooks>9085</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>9085</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Honorarium</Description>
        <RevenueAndExpensesPerBooks>5000</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>5000</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Miscellaneous</Description>
        <RevenueAndExpensesPerBooks>788</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Missionary expenses</Description>
        <RevenueAndExpensesPerBooks>17125</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>17125</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncome>
        <Description>Partnership Income</Description>
        <RevenueAndExpensesPerBooks>9399</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>2167</NetInvestmentIncome>
        <AdjustedNetIncome>9399</AdjustedNetIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilities>
        <Description>Federal W/H Tax Payable</Description>
        <BOYBookValue>2135</BOYBookValue>
        <EOYBookValue>206</EOYBookValue>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Medicare Tax Payable</Description>
        <BOYBookValue>269</BOYBookValue>
        <EOYBookValue>34</EOYBookValue>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Social Security Tax Payable</Description>
        <BOYBookValue>778</BOYBookValue>
        <EOYBookValue>99</EOYBookValue>
      </OtherLiabilities>
    </OtherLiabilitiesSchedule>
    <OtherNotesLoansRcvblLongSch documentId="RetDoc2958600001">
      <OtherNotesLoansRcvblLong>
        <BorrowersName>
          <Business>
            <BusinessNameLine1>Berean Bible Community Church Inc</BusinessNameLine1>
          </Business>
        </BorrowersName>
        <RelationshipToInsider>None</RelationshipToInsider>
        <OriginalAmountOfLoan>452500</OriginalAmountOfLoan>
        <BalanceDue>0</BalanceDue>
        <DateOfNote>1999-08</DateOfNote>
        <MaturityDate>2029-09</MaturityDate>
        <RepaymentTerms>Monthly Payments Adj. Interest</RepaymentTerms>
        <InterestRate>0.000000000000</InterestRate>
        <SecurityProvidedByBorrower>Mortgage</SecurityProvidedByBorrower>
        <PurposeOfLoan>Religious purposes</PurposeOfLoan>
        <ConsiderationFmv>0</ConsiderationFmv>
      </OtherNotesLoansRcvblLong>
    </OtherNotesLoansRcvblLongSch>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFees>
        <Category>Steadfast Financial Services</Category>
        <Amount>5000</Amount>
        <NetInvestmentIncome>5000</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
      <OtherProfessionalFees>
        <Category>Other Professional Fees</Category>
        <Amount>765</Amount>
        <NetInvestmentIncome>597</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
      <OtherProfessionalFees>
        <Category>Investment Management</Category>
        <Amount>64682</Amount>
        <NetInvestmentIncome>64682</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>Excise Tax</Category>
        <Amount>8000</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>Payroll Tax</Category>
        <Amount>12246</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>Other Taxes</Category>
        <Amount>111</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>