﻿<?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="2012v2.1">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-11-13T18:36:42-06:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>930428202</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>MOLATORE SCROGGIN PETERSON &amp; CO LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>824 PINE STREET</AddressLine1>
        <City>KLAMATH FALLS</City>
        <State>OR</State>
        <ZIPCode>97601</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>943229232</EIN>
      <Name>
        <BusinessNameLine1>AMERICAN INSTITUTE FOR FULL EMPLOYMENT</BusinessNameLine1>
      </Name>
      <NameControl>AMER</NameControl>
      <Phone>8014938068</Phone>
      <USAddress>
        <AddressLine1>2650 DECKER LAKE BLVDSUITE 500</AddressLine1>
        <City>SALT LAKE CITY</City>
        <State>UT</State>
        <ZIPCode>84119</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>RODERICK WENDT</Name>
      <Title>DIRECTOR</Title>
      <Phone>8014938068</Phone>
      <DateSigned>2013-11-13</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>RICK DILLARD</Name>
      <PTIN>P00367567</PTIN>
      <Phone>5418844164</Phone>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="12">
    <IRS990PF documentId="RetDoc1235000001">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>2084614</FMVAssetsEOY>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <InterestOnSavingsRevAndExpnss>80</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>80</InterestOnSavingsNetInvstIncm>
        <InterestOnSavingsAdjNetIncm>80</InterestOnSavingsAdjNetIncm>
        <DividendsRevAndExpnss>35</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>35</DividendsNetInvstIncm>
        <DividendsAdjNetIncm>35</DividendsAdjNetIncm>
        <NetGainSaleAssetsRevAndExpnss>100239</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>100241</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>100239</CapitalGainNetIncmNetInvstIncm>
        <NetSTCGAdjNetIncm>0</NetSTCGAdjNetIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="RetDoc2001500001">84304</OtherIncomeRevAndExpnss>
        <OtherIncomeNetInvstIncm>0</OtherIncomeNetInvstIncm>
        <OtherIncomeAdjNetIncm>84304</OtherIncomeAdjNetIncm>
        <TotalRevenueAndExpenses>184658</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>100354</TotalNetInvestmentIncome>
        <TotalAdjustedNetIncome>84419</TotalAdjustedNetIncome>
        <CompOfcrDirTrstRevAndExpnss>80997</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>0</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstAdjNetIncm>0</CompOfcrDirTrstAdjNetIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>80997</CompOfcrDirTrstDsbrsChrtblPrps>
        <LegalFeesRevAndExpnss referenceDocumentId="RetDoc2002100001">2153</LegalFeesRevAndExpnss>
        <LegalFeesNetInvstIncm>0</LegalFeesNetInvstIncm>
        <LegalFeesAdjNetIncm>0</LegalFeesAdjNetIncm>
        <LegalFeesDsbrsChrtblPrps>2153</LegalFeesDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc2002200001">19117</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>720</AccountingFeesNetInvstIncm>
        <AccountingFeesAdjNetIncm>0</AccountingFeesAdjNetIncm>
        <AccountingFeesDsbrsChrtblPrps>18397</AccountingFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="RetDoc2002300001">111789</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>0</OtherProfFeesNetInvstIncm>
        <OtherProfFeesAdjNetIncm>0</OtherProfFeesAdjNetIncm>
        <OtherProfFeesDsbrsChrtblPrps>108510</OtherProfFeesDsbrsChrtblPrps>
        <InterestRevAndExpnss>126</InterestRevAndExpnss>
        <InterestNetInvstIncm>0</InterestNetInvstIncm>
        <InterestAdjNetIncm>0</InterestAdjNetIncm>
        <InterestDsbrsChrtblPrps>548</InterestDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">14018</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>0</TaxesNetInvstIncm>
        <TaxesAdjNetIncm>0</TaxesAdjNetIncm>
        <TaxesDsbrsChrtblPrps>7131</TaxesDsbrsChrtblPrps>
        <OccupancyRevAndExpnss>1310</OccupancyRevAndExpnss>
        <OccupancyNetInvstIncm>0</OccupancyNetInvstIncm>
        <OccupancyAdjNetIncm>0</OccupancyAdjNetIncm>
        <OccupancyDsbrsChrtblPrps>1310</OccupancyDsbrsChrtblPrps>
        <TravConfMeetingRevAndExpnss>19089</TravConfMeetingRevAndExpnss>
        <TravConfMeetingNetInvstIncm>0</TravConfMeetingNetInvstIncm>
        <TravConfMeetingAdjNetIncm>0</TravConfMeetingAdjNetIncm>
        <TravConfMeetingDsbrsChrtblPrps>18727</TravConfMeetingDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc2003200001">7642</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>0</OtherExpensesNetInvstIncm>
        <OtherExpensesAdjNetIncm>0</OtherExpensesAdjNetIncm>
        <OtherExpensesDsbrsChrtblPrps>7625</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>256241</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>720</TotOprExpensesNetInvstIncm>
        <TotOprExpensesAdjNetIncm>0</TotOprExpensesAdjNetIncm>
        <TotOprExpensesDsbrsChrtblPrps>245398</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>0</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>0</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>256241</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>720</TotalExpensesNetInvstIncm>
        <TotalExpensesAdjNetIncm>0</TotalExpensesAdjNetIncm>
        <TotalExpensesDsbrsChrtblPrps>245398</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-71583</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>99634</NetInvestmentIncome>
        <AdjustedNetIncome>84419</AdjustedNetIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>346802</CashBOY>
        <CashEOY>170564</CashEOY>
        <CashEOYFMV>170564</CashEOYFMV>
        <SavingsAndTempCashInvstBOY>129</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>164</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>164</SavingsAndTempCashInvstEOYFMV>
        <AccountsReceivable>535</AccountsReceivable>
        <AccountsReceivableBOY>1409</AccountsReceivableBOY>
        <AccountsReceivableEOY>535</AccountsReceivableEOY>
        <AccountsReceivableEOYFMV>535</AccountsReceivableEOYFMV>
        <PrepaidExpensesBOY>284</PrepaidExpensesBOY>
        <PrepaidExpensesEOY>772</PrepaidExpensesEOY>
        <PrepaidExpensesEOYFMV>772</PrepaidExpensesEOYFMV>
        <InvestmentsCorpStockBOY>2053235</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc2018900001">1900792</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>1900792</InvestmentsCorpStockEOYFMV>
        <OtherAssetsBOY referenceDocumentId="RetDoc2046600001">3496</OtherAssetsBOY>
        <OtherAssetsEOY referenceDocumentId="RetDoc2046600001">11787</OtherAssetsEOY>
        <OtherAssetsEOYFMV referenceDocumentId="RetDoc2046600001">11787</OtherAssetsEOYFMV>
        <TotalAssetsBOY>2405355</TotalAssetsBOY>
        <TotalAssetsEOY>2084614</TotalAssetsEOY>
        <TotalAssetsEOYFMV>2084614</TotalAssetsEOYFMV>
        <AccountsPayableBOY>182539</AccountsPayableBOY>
        <AccountsPayableEOY>93797</AccountsPayableEOY>
        <OtherLiabilitiesBOY referenceDocumentId="RetDoc2065700001">44494</OtherLiabilitiesBOY>
        <OtherLiabilitiesEOY referenceDocumentId="RetDoc2065700001">41540</OtherLiabilitiesEOY>
        <TotalLiabilitiesBOY>227033</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>135337</TotalLiabilitiesEOY>
        <OrgThatFollowSFAS117>X</OrgThatFollowSFAS117>
        <UnrestrictedBOY>2178322</UnrestrictedBOY>
        <UnrestrictedEOY>1949277</UnrestrictedEOY>
        <TotalNetAssetsBOY>2178322</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>1949277</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>2405355</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>2084614</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>2178322</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-71583</ExcessOfRevenueOverExpenses>
        <OtherIncreases referenceDocumentId="RetDoc2049700001">3000</OtherIncreases>
        <Subtotal>2109739</Subtotal>
        <OtherDecreases referenceDocumentId="RetDoc2049800001">160462</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>1949277</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>SOUTH VALLEY/WASHINGTON FEDERAL MERGER-BOOT</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <DateAcquired>2004-03-08</DateAcquired>
          <DateSold>2012-12-01</DateSold>
          <GrossSalesPrice>100228</GrossSalesPrice>
          <GainOrLoss>100228</GainOrLoss>
          <GainsMinusExcessOrLosses>100228</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>.7798 FRACT SH WA FED</DescriptionOfAsset>
          <HowAcquired>D</HowAcquired>
          <DateAcquired>2004-03-08</DateAcquired>
          <DateSold>2012-12-01</DateSold>
          <GrossSalesPrice>13</GrossSalesPrice>
          <CostOrOtherBasis>2</CostOrOtherBasis>
          <GainOrLoss>11</GainOrLoss>
          <GainsMinusExcessOrLosses>11</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>100239</CapitalGainNetIncome>
        <NetShortTermCapitalGainOrLoss>0</NetShortTermCapitalGainOrLoss>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>0</LiableFor4942Tax>
        <QualifyingDistributionsYear1>173518</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>2629374</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.065992</DistributionRatioYear1>
        <QualifyingDistributionsYear2>367791</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>4593380</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.080070</DistributionRatioYear2>
        <QualifyingDistributionsYear3>1015537</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>5730691</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.177210</DistributionRatioYear3>
        <QualifyingDistributionsYear4>1246585</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>6625191</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.188158</DistributionRatioYear4>
        <QualifyingDistributionsYear5>1886518</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>6895573</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.273584</DistributionRatioYear5>
        <TotalDistributionRatio>0.785014</TotalDistributionRatio>
        <AverageDistributionRatio>0.157003</AverageDistributionRatio>
        <NetNoncharitableAssets>2492994</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>391408</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>996</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>392404</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>245398</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>1993</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>1993</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>1993</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>446</EstTaxPaymentsAndOverpayment>
        <TaxPaidWithExtension>2100</TaxPaidWithExtension>
        <TotalCreditsAndPayments>2546</TotalCreditsAndPayments>
        <PenaltyForUnderpayment>31</PenaltyForUnderpayment>
        <Overpayment>522</Overpayment>
        <AmountCreditedToNextYear>522</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>0</UnrelatedBusIncomeOver1000>
        <TerminationEtc>0</TerminationEtc>
        <RequirementsOfSect508e>1</RequirementsOfSect508e>
        <AtLeast5000InAssets>1</AtLeast5000InAssets>
        <StatesFiledWith>OR</StatesFiledWith>
        <Form990PFFiledWithAG>1</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>1</PrivateOperatingFoundation>
        <NewSubstantialContributors>0</NewSubstantialContributors>
        <InterestInControlledEntity>0</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>FULLEMPLOYMENT.ORG</WebsiteAddress>
        <BooksInCareOfPersonName>DAVID GUYAUX</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>8014938068</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>2650 DECKER LAKE BLVD SUITE 500</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84119</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>0</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>0</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>0</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>0</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>0</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>0</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>0</PaymentToGovernmentOffical>
        <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>0</GrantsToOrganizations>
        <NoncharitablePurpose>0</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>0</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>0</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>0</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JOHN COURTNEY</PersonName>
          <USAddress>
            <AddressLine1>3250 LAKEPORT BLVD</AddressLine1>
            <City>KLAMATH FALLS</City>
            <State>OR</State>
            <ZIPCode>97601</ZIPCode>
          </USAddress>
          <Title>PRESIDENT/SECRETARY</Title>
          <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>RODERICK WENDT</PersonName>
          <USAddress>
            <AddressLine1>3250 LAKEPORT BLVD</AddressLine1>
            <City>KLAMATH FALLS</City>
            <State>OR</State>
            <ZIPCode>97601</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>TED ABRAM</PersonName>
          <USAddress>
            <AddressLine1>3250 LAKEPORT BLVD</AddressLine1>
            <City>KLAMATH FALLS</City>
            <State>OR</State>
            <ZIPCode>97601</ZIPCode>
          </USAddress>
          <Title>EXECUTIVE DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JAMES MADDEN</PersonName>
          <USAddress>
            <AddressLine1>3250 LAKEPORT BLVD</AddressLine1>
            <City>KLAMATH FALLS</City>
            <State>OR</State>
            <ZIPCode>97601</ZIPCode>
          </USAddress>
          <Title>TREASURER/DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>MARK WENDT</PersonName>
          <USAddress>
            <AddressLine1>3250 LAKEPORT BLVD</AddressLine1>
            <City>KLAMATH FALLS</City>
            <State>OR</State>
            <ZIPCode>97601</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompensationOfHighestPaidEmpl>
          <Name>DONALD B PEITERSEN</Name>
          <USAddress>
            <AddressLine1>1788 S TUCSON ST</AddressLine1>
            <City>AURORA</City>
            <State>CO</State>
            <ZIPCode>80012</ZIPCode>
          </USAddress>
          <Title>PROJECT DIRECTOR</Title>
          <AverageHoursPerWeek>40.00</AverageHoursPerWeek>
          <Compensation>80997</Compensation>
          <EmployeeBenefits>0</EmployeeBenefits>
          <ExpenseAccount>0</ExpenseAccount>
        </CompensationOfHighestPaidEmpl>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompensationOfHghstPaidCntrct>
          <PersonName>SANDIE HOBACK</PersonName>
          <USAddress>
            <AddressLine1>1030 SCHURMAN DR S</AddressLine1>
            <City>SALEM</City>
            <State>OR</State>
            <ZIPCode>97302</ZIPCode>
          </USAddress>
          <TypeOfService>CONSULTING SERVICES</TypeOfService>
          <Compensation>104897</Compensation>
        </CompensationOfHghstPaidCntrct>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy>
        <Description1>CONSULTING, POLICY DEVELOPMENT AND ADVICE BY EXPERTS TO VARIOUS STATE AND LOCAL GOVERNMENTS ON THE OPERATION OF SOCIAL WELFARE AND UNEMPLOYMENT PROGRAMS.</Description1>
        <Expenses1>118496</Expenses1>
        <Description2>WRITING, PUBLISHING AND PRODUCING PAPERS, RESEARCH, REPORT CARDS, NEWSLETTERS AND ANALYSIS ON SOCIAL ISSUES FOR DISTRIBUTION TO INTERESTED PERSONS ON A NON-PARTISAN BASIS.</Description2>
        <Expenses2>21358</Expenses2>
        <Description3>HOLDING AND ATTENDING CONFERENCES, SPEAKING NETWORKING TO DISSEMINATE BEST PRACTICES IN SOCIAL WELFARE AND UNEMPLOYMENT ISSUES.</Description3>
        <Expenses3>101125</Expenses3>
        <Description4>DEVELOPMENT OF ON-LINE AND INTERACTIVE ECONOMIC CURRICULUM APPROACH TO TEACHING ECONOMIC PRINCIPLES TO SCHOOL CHILDREN AT ALL LEVELS OF EDUCATION.</Description4>
        <Expenses4>4313</Expenses4>
      </SummaryOfDirectCharitableActy>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>2325916</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>205042</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>2530958</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>2530958</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>37964</CashDeemedCharitable>
        <NetNoncharitableAssets>2492994</NetNoncharitableAssets>
        <MinimumInvestmentReturn>124650</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <Sect4942j3j5FndtnAndFrgnOrg>X</Sect4942j3j5FndtnAndFrgnOrg>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>245398</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>245398</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>0</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>245398</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <PrivateOperatingFoundations>
        <Section4942j3>X</Section4942j3>
        <LessorAdjNetIncmMinInvstReturn>
          <CurrentYear>84419</CurrentYear>
          <Year1>80599</Year1>
          <Year2>139727</Year2>
          <Year3>97818</Year3>
          <Total>402563</Total>
        </LessorAdjNetIncmMinInvstReturn>
        <Percent85OfLessor>
          <CurrentYear>71756</CurrentYear>
          <Year1>68509</Year1>
          <Year2>118768</Year2>
          <Year3>83145</Year3>
          <Total>342179</Total>
        </Percent85OfLessor>
        <QualifyingDistributions>
          <CurrentYear>245398</CurrentYear>
          <Year1>173518</Year1>
          <Year2>367791</Year2>
          <Year3>1015537</Year3>
          <Total>1802244</Total>
        </QualifyingDistributions>
        <QlfyDistriNotUsedDirectly>
          <CurrentYear>0</CurrentYear>
          <Year1>0</Year1>
          <Year2>0</Year2>
          <Year3>0</Year3>
          <Total>0</Total>
        </QlfyDistriNotUsedDirectly>
        <QlfyDistriMadeDirectly>
          <CurrentYear>245398</CurrentYear>
          <Year1>173518</Year1>
          <Year2>367791</Year2>
          <Year3>1015537</Year3>
          <Total>1802244</Total>
        </QlfyDistriMadeDirectly>
        <TotalAssets>
          <Total>0</Total>
        </TotalAssets>
        <TotalAssetsSect4942j3Bi>
          <Total>0</Total>
        </TotalAssetsSect4942j3Bi>
        <TwoThirdsMinInvstReturn>
          <CurrentYear>83100</CurrentYear>
          <Year1>87646</Year1>
          <Year2>153113</Year2>
          <Year3>191023</Year3>
          <Total>514882</Total>
        </TwoThirdsMinInvstReturn>
        <TotalSupport>
          <Total>0</Total>
        </TotalSupport>
        <PublicSupport>
          <Total>0</Total>
        </PublicSupport>
        <LargestSupportFromEO>
          <Total>0</Total>
        </LargestSupportFromEO>
        <GrossInvestmentIncome>
          <Total>0</Total>
        </GrossInvestmentIncome>
      </PrivateOperatingFoundations>
      <SupplementaryInformation>
        <AppicationSubmissionInfo>
          <RecipientName>RODERICK C WENDT</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>3250 LAKEPORT BLVD</AddressLine1>
            <City>KLAMATH FALLS</City>
            <State>OR</State>
            <ZIPCode>97601</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>5418823451</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>NO SPECIFIC FORMAT REQUIRED.</FormAndInfoAndMaterials>
          <SubmissionDeadlines>NONE.</SubmissionDeadlines>
          <RestrictionsOnAwards>NONE.</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <TotGrantOrContriPaidDuringYear>0</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <ProgramServiceRevenuePartVII>
          <Description>CONSULTING INCOME</Description>
          <RelatedOrExemptFunctionIncome>70638</RelatedOrExemptFunctionIncome>
        </ProgramServiceRevenuePartVII>
        <ProgramServiceRevenuePartVII>
          <Description>COMMISSION INCOME</Description>
          <RelatedOrExemptFunctionIncome>13616</RelatedOrExemptFunctionIncome>
        </ProgramServiceRevenuePartVII>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>80</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>35</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>100239</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <OtherRevenueDescribed>
          <Description>MISCELLANEOUS INCOME</Description>
          <RelatedOrExemptFunctionIncome>50</RelatedOrExemptFunctionIncome>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>0</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>100354</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>84304</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>184658</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
          <LineNumber>1A</LineNumber>
          <RelationshipStatement>MISCELLANEOUS SPEAKING AND CONSULTING FEES FROM OTHER ORGANIZATIONS WHICH CONTRIBUTE TO THE OPERATING OVERHEAD AND CHARITABLE PURPOSE OF THIS ENTITY</RelationshipStatement>
        </RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
          <LineNumber>1B</LineNumber>
          <RelationshipStatement>COMMISSION INCOME ON SALES OF THINKING ECONOMICS MATERIALS WHICH CONTRIBUTE TO THE OPERATING OVERHEAD AND CHARITABLE PURPOSE OF THIS ORGANIZATION.</RelationshipStatement>
        </RlnOfActyToAccomOfExemptPrps>
        <RlnOfActyToAccomOfExemptPrps>
          <LineNumber>11A</LineNumber>
          <RelationshipStatement>MISCELLANEOUS INCOME USED TO OFFSET OPERATING EXPENSES.</RelationshipStatement>
        </RlnOfActyToAccomOfExemptPrps>
      </RlnOfActyToAccomOfExemptPrps>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>0</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>0</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>0</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>0</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>0</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>0</ReimbursementArrangements>
        <LoansOrLoanGuarantees>0</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>0</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>0</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>0</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFees>
        <Category>ACCOUNTING</Category>
        <Amount>3600</Amount>
        <NetInvestmentIncome>720</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>2880</DisbursementsCharitablePrps>
      </AccountingFees>
      <AccountingFees>
        <Category>BOOKKEEPING</Category>
        <Amount>15517</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>15517</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>IMS FUND</NameOfStock>
        <EOYBookValue>368</EOYBookValue>
        <EOYFMV>368</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>JELD-WEN HOLDING COMPANY</NameOfStock>
        <EOYBookValue>1566698</EOYBookValue>
        <EOYFMV>1566698</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>SOUTH VALLEY BANK &amp; TRUST CMN</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>WASHINGTON FEDERAL SA</NameOfStock>
        <EOYBookValue>333726</EOYBookValue>
        <EOYFMV>333726</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFees>
        <Category>LEGAL FEES</Category>
        <Amount>2153</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>2153</DisbursementsCharitablePrps>
      </LegalFees>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssets>
        <Description>DEPOSITS</Description>
        <BOYBookValue>225</BOYBookValue>
        <EOYBookValue>225</EOYBookValue>
        <EOYFMV>225</EOYFMV>
      </OtherAssets>
      <OtherAssets>
        <Description>INTERCOMPANY ACCOUNT</Description>
        <BOYBookValue>3271</BOYBookValue>
        <EOYBookValue>11562</EOYBookValue>
        <EOYFMV>11562</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreases>
        <Description>UNREALIZED GAINS/LOSSES ON INVESTMENTS</Description>
        <Amount>160462</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>ADVERTISING</Description>
        <RevenueAndExpensesPerBooks>50</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>50</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>SUBSCRIPTIONS</Description>
        <RevenueAndExpensesPerBooks>501</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>501</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>TELEPHONE</Description>
        <RevenueAndExpensesPerBooks>303</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>303</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>OFFICE EXPENSE</Description>
        <RevenueAndExpensesPerBooks>1199</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>1182</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BANK CHARGES</Description>
        <RevenueAndExpensesPerBooks>115</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>115</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INSURANCE</Description>
        <RevenueAndExpensesPerBooks>1784</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>1784</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>TRAINING EXPENSE</Description>
        <RevenueAndExpensesPerBooks>2945</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>2945</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>LICENSES</Description>
        <RevenueAndExpensesPerBooks>745</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>745</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncome>
        <Description>CONSULTING INCOME</Description>
        <RevenueAndExpensesPerBooks>70638</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>70638</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>COMMISSION INCOME</Description>
        <RevenueAndExpensesPerBooks>13616</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>13616</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>MISCELLANEOUS INCOME</Description>
        <RevenueAndExpensesPerBooks>50</RevenueAndExpensesPerBooks>
        <AdjustedNetIncome>50</AdjustedNetIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="RetDoc2049700001">
      <OtherIncreases>
        <Description>ACCRUED TAX DEFERRAL ADJUSTMENT</Description>
        <Amount>3000</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilities>
        <Description>DEFERRED TAXES</Description>
        <BOYBookValue>40000</BOYBookValue>
        <EOYBookValue>37000</EOYBookValue>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>PAYROLL LIABILITIES</Description>
        <BOYBookValue>4494</BOYBookValue>
        <EOYBookValue>4540</EOYBookValue>
      </OtherLiabilities>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFees>
        <Category>CONTRACT LABOR</Category>
        <Amount>111789</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>108510</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>CORPORATE FILING FEES</Category>
        <Amount>50</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>50</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>OREGON CT-12 FILING FEE</Category>
        <Amount>228</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>228</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>FEDERAL INCOME TAX</Category>
        <Amount>6887</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>PAYROLL TAX EXPENSE</Category>
        <Amount>6853</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>6853</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>