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          <PurposeOfGrantOrContribution>ENDOWMENT FUND</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PROJECT AWAKE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3000 N 4TH AVE E</AddressLine1>
            <City>NEWTON</City>
            <State>IA</State>
            <ZIPCode>50208</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ENDOWMENT FUND</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WESLEY PARK CENTRE ASSISTED LIVING</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>500 1ST ST N</AddressLine1>
            <City>NEWTON</City>
            <State>IA</State>
            <ZIPCode>50208</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ENDOWMENT FUND</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BAXTER COMMUNITY DOLLARS FOR SCHOLARS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>202 E STATE STREET</AddressLine1>
            <City>BAXTER</City>
            <State>IA</State>
            <ZIPCode>50028</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ENDOWMENT FUND</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CENTRAL COLLEGE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>812 UNIVERSITY ST</AddressLine1>
            <City>PELLA</City>
            <State>IA</State>
            <ZIPCode>50219</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ENDOWMENT FUND</PurposeOfGrantOrContribution>
          <Amount>225000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CENTRE FOR ARTS AND ARTISTS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 5</AddressLine1>
            <City>NEWTON</City>
            <State>IA</State>
            <ZIPCode>50208</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ENDOWMENT FUND</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COLFAX-MINGO DOLLARS FOR SCHOLARS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>11565 N 4TH AVE W</AddressLine1>
            <City>COLFAX</City>
            <State>IA</State>
            <ZIPCode>50054</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ENDOWMENT FUND</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HOSPICE OF JASPER COUNTY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>204 N 4TH AVE E</AddressLine1>
            <City>NEWTON</City>
            <State>IA</State>
            <ZIPCode>50208</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ENDOWMENT FUND</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>IOWA SCULPTURE FESTIVAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1109 E 16TH ST S</AddressLine1>
            <City>NEWTON</City>
            <State>IA</State>
            <ZIPCode>50208</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ENDOWMENT FUND</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JASPER COMMUNITY FOUNDATION-MINGO</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 925</AddressLine1>
            <City>NEWTON</City>
            <State>IA</State>
            <ZIPCode>50208</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ENDOWMENT FUND</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JASPER COUMMUNITY FOUNDATION-NEWTON</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 925</AddressLine1>
            <City>NEWTON</City>
            <State>IA</State>
            <ZIPCode>50208</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ENDOWMENT FUND</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>375000</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>28988</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>165559</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <NetRntlIncmReNotDebtFincdProp>
          <ExclusionCode>16</ExclusionCode>
          <ExclusionAmount>71873</ExclusionAmount>
        </NetRntlIncmReNotDebtFincdProp>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>548868</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>815288</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>815288</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <GainLossSaleOtherAssetsSch documentId="00000002">
      <GainLossSaleOtherAsset>
        <Name>SHORT TERM</Name>
        <DateAcquired>2012-01</DateAcquired>
        <DateSold>2012-12</DateSold>
        <GrossSalesPrice>1951522</GrossSalesPrice>
        <Basis>1940754</Basis>
        <TotalNet>10768</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>LONG TERM</Name>
        <DateAcquired>2011-12</DateAcquired>
        <DateSold>2012-12</DateSold>
        <GrossSalesPrice>2478381</GrossSalesPrice>
        <Basis>1954861</Basis>
        <TotalNet>523520</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>CAPITAL GAIN DISTRIBUTIONS</Name>
        <DateAcquired>2011-12</DateAcquired>
        <DateSold>2012-12</DateSold>
        <GrossSalesPrice>14580</GrossSalesPrice>
        <TotalNet>14580</TotalNet>
      </GainLossSaleOtherAsset>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpBondsSchedule documentId="00000003">
      <InvestmentsCorpBonds>
        <NameOfBond>NORTHERN TRUST</NameOfBond>
        <EOYBookValue>2320911</EOYBookValue>
        <EOYFMV>2428387</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="00000004">
      <InvestmentsCorpStock>
        <NameOfStock>NORTHERN TRUST</NameOfStock>
        <EOYBookValue>2783193</EOYBookValue>
        <EOYFMV>3171957</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="00000005">
      <InvestmentsOther>
        <CategoryOrItem>5 ACRE BLDG SITE</CategoryOrItem>
        <BookValue>19636</BookValue>
        <EOYFMV>50000</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>COMMODITIES</CategoryOrItem>
        <BookValue>306909</BookValue>
        <EOYFMV>390964</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>356 ACRES AGRICULTURAL PROPERTY</CategoryOrItem>
        <BookValue>1554250</BookValue>
        <EOYFMV>3204000</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>13.94 ACRES ROADS, DITACHES, WATERWAYS</CategoryOrItem>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>REAL ESTATE FUNDS</CategoryOrItem>
        <BookValue>51456</BookValue>
        <EOYFMV>66899</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="00000006">
      <OtherAssets>
        <Description>INSTALLMENT CONTRACT</Description>
        <BOYBookValue>257656</BOYBookValue>
        <EOYBookValue>253244</EOYBookValue>
        <EOYFMV>569244</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherAssetsSchedule documentId="00000007">
      <OtherAssets>
        <Description>INSTALLMENT CONTRACT</Description>
        <BOYBookValue>257656</BOYBookValue>
        <EOYBookValue>253244</EOYBookValue>
        <EOYFMV>569244</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherAssetsSchedule documentId="00000008">
      <OtherAssets>
        <Description>INSTALLMENT CONTRACT</Description>
        <BOYBookValue>257656</BOYBookValue>
        <EOYBookValue>253244</EOYBookValue>
        <EOYFMV>569244</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="00000009">
      <OtherExpenses>
        <Description>FARM RENTAL EXPENSES</Description>
        <RevenueAndExpensesPerBooks>19364</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>19364</NetInvestmentIncome>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="00000010">
      <OtherIncreases>
        <Description>ADJ TO BASIS</Description>
        <Amount>18239</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <TaxesSchedule documentId="00000011">
      <Taxes>
        <Category>FOREIGN</Category>
        <Amount>1881</Amount>
        <NetInvestmentIncome>1881</NetInvestmentIncome>
      </Taxes>
      <Taxes>
        <Category>INSURANCE</Category>
        <Amount>744</Amount>
        <NetInvestmentIncome>744</NetInvestmentIncome>
      </Taxes>
      <Taxes>
        <Category>FEDERAL TAX</Category>
        <Amount>5830</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>