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          <FormAndInfoAndMaterials>APPLICANT'S NAME, HOME ADDRESS AND TELEPHONE NUMBER. THE FINANCIAL ESIIMATE FOR THE FULL SCHOOL YEAR ALONG WITH FINANCIAL ASSISTANCE ANTICIPATED MUST ALSO BE SUBMITTED.</FormAndInfoAndMaterials>
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          <RestrictionsOnAwards>COURSE OF STUDY MUST BE MEDICAL OR ALLIED FIELDS APPLICANTS MUST BE SENIORS OR GRADUATES OF CANAJOHARIE, FORT PLAIN OR ST JOHNSVILLE HIGH SCHOOLS WHICH ARE LOCATED IN NEW YORK STATE.</RestrictionsOnAwards>
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    <DistributionFromCorpusElection documentId="RetDoc12000100084">
      <Election>THE TAXPAYER HEREBY ELECTS UNDER REGULATIONS SECTION 53.4942(A)-3(D)(2) TO APPLY ALL OF THE REMAINING QUALIFYING DISTRIBUTIONS TO CORPUS.</Election>
    </DistributionFromCorpusElection>
    <GainLossSaleOtherAssetsSch documentId="RetDoc2213400001">
      <GainLossSaleOtherAsset>
        <Name>.6666 SHS WPX ENERGY - CIL</Name>
        <DateAcquired>2008-07</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-01</DateSold>
        <GrossSalesPrice>12</GrossSalesPrice>
        <SalesExpense>0</SalesExpense>
        <TotalNet>12</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>400 SHS BERKSHIRE HATHAWAY B</Name>
        <DateAcquired>2008-02</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-05</DateSold>
        <GrossSalesPrice>32016</GrossSalesPrice>
        <Basis>37120</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>-5104</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>225 SHS COLGATE PALMOLIVE CO</Name>
        <DateAcquired>2007-04</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-05</DateSold>
        <GrossSalesPrice>22374</GrossSalesPrice>
        <Basis>15102</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>7272</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>465 SHS E M C INSURANCE GRP</Name>
        <DateAcquired>2010-09</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-05</DateSold>
        <GrossSalesPrice>9173</GrossSalesPrice>
        <Basis>9974</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>-801</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>168 SHS ENSCO PLC ADR</Name>
        <DateAcquired>2010-06</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-05</DateSold>
        <GrossSalesPrice>9192</GrossSalesPrice>
        <Basis>6681</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>2511</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>373 SHS ISHARES TR MSCI EAFE FD</Name>
        <DateAcquired>2009-02</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-05</DateSold>
        <GrossSalesPrice>20071</GrossSalesPrice>
        <Basis>16966</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>3105</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>150 SHS JOHNSON &amp; JOHNSON</Name>
        <DateAcquired>2004-11</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-05</DateSold>
        <GrossSalesPrice>9735</GrossSalesPrice>
        <Basis>2761</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>6974</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>300 SHS MC DONALD'S CORP</Name>
        <DateAcquired>2005-11</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-05</DateSold>
        <GrossSalesPrice>28713</GrossSalesPrice>
        <Basis>10200</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>18513</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>67 SHS NOVO-NORDISK A-S ADR</Name>
        <DateAcquired>2008-02</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-05</DateSold>
        <GrossSalesPrice>10132</GrossSalesPrice>
        <Basis>4283</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>5849</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>151 SHS S A P AG ADR</Name>
        <DateAcquired>2004-12</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-05</DateSold>
        <GrossSalesPrice>10122</GrossSalesPrice>
        <Basis>6770</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>3352</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>200 SHS WELLPOINT</Name>
        <DateAcquired>2006-02</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-05</DateSold>
        <GrossSalesPrice>13850</GrossSalesPrice>
        <Basis>15518</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>-1668</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>.8655 SHS ACCO BRANDS - CIL</Name>
        <DateAcquired>2010-02</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-05</DateSold>
        <GrossSalesPrice>10</GrossSalesPrice>
        <SalesExpense>0</SalesExpense>
        <TotalNet>10</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>.5 SHS PHILLIPS 66 - CIL</Name>
        <DateAcquired>2010-06</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-05</DateSold>
        <GrossSalesPrice>16</GrossSalesPrice>
        <SalesExpense>0</SalesExpense>
        <TotalNet>16</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>.333 SHS DUKE ENERGY - CIL</Name>
        <DateAcquired>2008-10</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-07</DateSold>
        <GrossSalesPrice>23</GrossSalesPrice>
        <Basis>16</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>7</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>329 SHS ACCO BRANDS</Name>
        <DateAcquired>2009-02</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>2570</GrossSalesPrice>
        <SalesExpense>0</SalesExpense>
        <TotalNet>2570</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>697 SHS BRISTOL MYERS SQUIBB</Name>
        <DateAcquired>2011-07</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>22194</GrossSalesPrice>
        <Basis>20023</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>2171</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>220 SHS COMPUTER SCIENCES</Name>
        <DateAcquired>2010-09</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>6573</GrossSalesPrice>
        <Basis>9962</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>-3389</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>204 SHS ENSCO PLC CLASS A</Name>
        <DateAcquired>2010-06</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>11408</GrossSalesPrice>
        <Basis>8112</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>3296</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>931 SHS INTEL</Name>
        <DateAcquired>2010-06</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>24939</GrossSalesPrice>
        <Basis>19820</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>5119</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>1391 SHS ISHARES MSCI EAFE FD</Name>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>72109</GrossSalesPrice>
        <Basis>63270</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>8839</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>150 SHS O S I SYSTEMS</Name>
        <DateAcquired>2009-12</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>10204</GrossSalesPrice>
        <Basis>3185</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>7019</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>26,601.905 SHS VANGUARD GNMA FUND</Name>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>294483</GrossSalesPrice>
        <Basis>283329</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>11154</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>28,781.436 SHS VANGUARD S/T INVESTMENT GRADE FUND</Name>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>310840</GrossSalesPrice>
        <Basis>289236</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>21604</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>166 SHS WPX ENERGY</Name>
        <DateAcquired>2008-07</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>2577</GrossSalesPrice>
        <SalesExpense>0</SalesExpense>
        <TotalNet>2577</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>650 SHS YUM BRANDS</Name>
        <DateAcquired>2008-02</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-08</DateSold>
        <GrossSalesPrice>43314</GrossSalesPrice>
        <Basis>22736</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>20578</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>480 SHS HEWLETT-PACKARD CO</Name>
        <DateAcquired>2006-02</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-11</DateSold>
        <GrossSalesPrice>6624</GrossSalesPrice>
        <Basis>14784</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>-8160</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>200 SHS O S I SYSTEMS</Name>
        <DateAcquired>2009-12</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-11</DateSold>
        <GrossSalesPrice>15364</GrossSalesPrice>
        <Basis>4246</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>11118</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>128 SHS PHILLIPS 66</Name>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-11</DateSold>
        <GrossSalesPrice>6141</GrossSalesPrice>
        <SalesExpense>0</SalesExpense>
        <TotalNet>6141</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>750 SHS TYSON FOODS</Name>
        <DateAcquired>2010-04</DateAcquired>
        <HowAcquired>PURCHASED</HowAcquired>
        <DateSold>2012-11</DateSold>
        <GrossSalesPrice>12457</GrossSalesPrice>
        <Basis>14542</Basis>
        <SalesExpense>0</SalesExpense>
        <TotalNet>-2085</TotalNet>
      </GainLossSaleOtherAsset>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorpBonds>
        <NameOfBond>CHARLES SCHWAB</NameOfBond>
        <EOYBookValue>534419</EOYBookValue>
        <EOYFMV>542423</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>CHARLES SCHWAB</NameOfStock>
        <EOYBookValue>1587928</EOYBookValue>
        <EOYFMV>1980616</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="RetDoc2210400001">
      <USGovtSecuritiesEOYBookValue>290463</USGovtSecuritiesEOYBookValue>
      <USGovtSecuritiesEOYFMV>286264</USGovtSecuritiesEOYFMV>
      <StateLocalSecuritiesEOYBookVal>0</StateLocalSecuritiesEOYBookVal>
      <StateLocalSecuritiesEOYFMV>0</StateLocalSecuritiesEOYFMV>
    </InvestmentsGovtObligationsSch>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>OFFICE EXPENSE</Description>
        <RevenueAndExpensesPerBooks>247</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>247</NetInvestmentIncome>
        <DisbursementsCharitablePrps>247</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc2049700001">
      <OtherIncreases>
        <Description>RECOVERY OF PRIOR YEAR QUALIFYING DISTRIBUTION</Description>
        <Amount>8610</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFees>
        <Category>CHARLES SCHWAB</Category>
        <Amount>17309</Amount>
        <NetInvestmentIncome>17309</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>NEW YORK STATE FILING FEE</Category>
        <Amount>250</Amount>
        <NetInvestmentIncome>250</NetInvestmentIncome>
        <DisbursementsCharitablePrps>250</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>FOREIGN TAX</Category>
        <Amount>668</Amount>
        <NetInvestmentIncome>668</NetInvestmentIncome>
        <DisbursementsCharitablePrps>668</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>