﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2012v2.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2013-12-11T08:01:40-08:00</Timestamp>
    <TaxPeriodEndDate>2013-09-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>J W HUNT AND COMPANY</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>PO BOX 265</AddressLine1>
        <City>COLUMBIA</City>
        <State>SC</State>
        <ZIPCode>292020265</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2012-10-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>570901267</EIN>
      <Name>
        <BusinessNameLine1>SOUTH CAROLINA BUSINESS CENTER FOR</BusinessNameLine1>
        <BusinessNameLine2>EXCELLENCE IN EDUCATION FOUNDATION</BusinessNameLine2>
      </Name>
      <NameControl>SOUT</NameControl>
      <Phone>8032552611</Phone>
      <USAddress>
        <AddressLine1>1301 GERVAIS STREET</AddressLine1>
        <City>COLUMBIA</City>
        <State>SC</State>
        <ZIPCode>29201</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>RANDY BRADLEY</Name>
      <Title>CFO</Title>
      <DateSigned>2013-12-11</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>ANNETTE H ROSS</Name>
      <PTIN>P00309359</PTIN>
      <Phone>8032548196</Phone>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2015-11-30 17:44:51Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="6">
    <IRS990 documentId="IRS990" referenceDocumentId="IRS990ScheduleO" softwareId="12000229" softwareVersion="2012v2.0">
      <GrossReceipts>915411</GrossReceipts>
      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <AllAffiliatesIncluded>false</AllAffiliatesIncluded>
      <Organization501c3>X</Organization501c3>
      <WebSite>N/A</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>1989</YearFormation>
      <StateLegalDomicile>SC</StateLegalDomicile>
      <ActivityOrMissionDescription>COORDINATE EFFORTS WITH SC GOVERNOR'S OFFICE AND SC SCHOOL BOARD TO IMPLEMENT POLICIES AND PROCEDURES TO IMPROVE EDUCATION IN SOUTH CAROLINA.</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>8</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>8</NbrIndependentVotingMembers>
      <TotalNbrEmployees>0</TotalNbrEmployees>
      <TotalGrossUBI>0</TotalGrossUBI>
      <ContributionsGrantsPriorYear>835257</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>763995</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>121053</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>102000</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>38742</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>41730</InvestmentIncomeCurrentYear>
      <OtherRevenueCurrentYear>7686</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>995052</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>915411</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsPriorYear>26500</GrantsAndSimilarAmntsPriorYear>
      <GrantsAndSimilarAmntsCY>19000</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcCurrentYear>0</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>0</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>989831</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>960064</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>1016331</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>979064</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>-21279</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>-63653</RevenuesLessExpensesCY>
      <TotalAssetsBOY>1606862</TotalAssetsBOY>
      <TotalAssetsEOY>1610535</TotalAssetsEOY>
      <TotalLiabilitiesBOY>224508</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>256183</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>1382354</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>1354352</NetAssetsOrFundBalancesEOY>
      <MissionDescription>COORDINATE EFFORTS WITH SC GOVERNOR'S OFFICE AND SC SCHOOL BOARD TO IMPLEMENT POLICIES AND PROCEDURES TO IMPROVE EDUCATION IN SOUTH CAROLINA.</MissionDescription>
      <SignificantNewProgramServices>false</SignificantNewProgramServices>
      <SignificantChange>false</SignificantChange>
      <Expense>881736</Expense>
      <Description>COORDINATE EFFORTS WITH SC GOVERNOR'S OFFICE AND SC SCHOOL BOARD TO IMPLEMENT POLICIES AND PROCEDURES TO IMPROVE EDUCATION IN SOUTH CAROLINA.</Description>
      <TotalProgramServiceExpense>881736</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId="IRS990ScheduleA">true</DescribedIn501C3>
      <ScheduleBRequired referenceDocumentId="IRS990ScheduleB">true</ScheduleBRequired>
      <PoliticalActivities>false</PoliticalActivities>
      <LobbyingActivities>false</LobbyingActivities>
      <SubjectToProxyTax>false</SubjectToProxyTax>
      <DonorAdvisedFunds referenceDocumentId="IRS990ScheduleD">false</DonorAdvisedFunds>
      <ConservationEasements referenceDocumentId="IRS990ScheduleD">false</ConservationEasements>
      <CollectionsOfArt referenceDocumentId="IRS990ScheduleD">false</CollectionsOfArt>
      <CreditCounseling referenceDocumentId="IRS990ScheduleD">false</CreditCounseling>
      <TermOrPermanentEndowments referenceDocumentId="IRS990ScheduleD">true</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="IRS990ScheduleD">true</ReportLandBldgEquip>
      <ReportInvestOthSecurities referenceDocumentId="IRS990ScheduleD">false</ReportInvestOthSecurities>
      <ReportProgRelInvest referenceDocumentId="IRS990ScheduleD">false</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId="IRS990ScheduleD">false</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId="IRS990ScheduleD">false</ReportOtherLiabilities>
      <ReportFin48Footnote referenceDocumentId="IRS990ScheduleD">false</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId="IRS990ScheduleD">false</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt referenceDocumentId="IRS990ScheduleD">true</ConsolidatedAuditFinancialStmt>
      <School>false</School>
      <ForeignOffice>false</ForeignOffice>
      <ForeignActivities>false</ForeignActivities>
      <MoreThan5000KToOrganizations>false</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>false</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>false</ProfessionalFundraising>
      <FundraisingActivities>false</FundraisingActivities>
      <Gaming>false</Gaming>
      <Hospital>false</Hospital>
      <GrantsToOrganizations referenceDocumentId="IRS990ScheduleI">false</GrantsToOrganizations>
      <GrantsToIndividuals referenceDocumentId="IRS990ScheduleI">true</GrantsToIndividuals>
      <ScheduleJRequired>false</ScheduleJRequired>
      <TaxExemptBonds>false</TaxExemptBonds>
      <InvestTaxExemptBonds>false</InvestTaxExemptBonds>
      <EscrowAccount>false</EscrowAccount>
      <OnBehalfOfIssuer>false</OnBehalfOfIssuer>
      <ExcessBenefitTransaction>false</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>false</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>false</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>false</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>false</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>false</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>false</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>false</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>false</DeductibleContributionsOfArt>
      <Terminated>false</Terminated>
      <PartialLiquidation>false</PartialLiquidation>
      <DisregardedEntity>false</DisregardedEntity>
      <RelatedEntity>false</RelatedEntity>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionRelatedEntity>false</TransactionRelatedEntity>
      <TransfersToExemptNonChrtblOrg>false</TransfersToExemptNonChrtblOrg>
      <ActivitiesConductedPartnership>false</ActivitiesConductedPartnership>
      <ScheduleORequired>true</ScheduleORequired>
      <NumberFormsTransmittedWith1096>5</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <ComplianceWithBackupWitholding>true</ComplianceWithBackupWitholding>
      <NumberOfEmployees>0</NumberOfEmployees>
      <EmploymentTaxReturnsFiled>false</EmploymentTaxReturnsFiled>
      <UnrelatedBusinessIncome>false</UnrelatedBusinessIncome>
      <Form990-TFiled>false</Form990-TFiled>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>false</TaxablePartyNotification>
      <NonDeductibleContributions>false</NonDeductibleContributions>
      <QuidProQuoContributions>false</QuidProQuoContributions>
      <Form8282PropertyDisposedOf>false</Form8282PropertyDisposedOf>
      <NumberOf8282Filed>0</NumberOf8282Filed>
      <FundsToPayPremiums>false</FundsToPayPremiums>
      <PremiumsPaid>false</PremiumsPaid>
      <Form8899Filed>false</Form8899Filed>
      <Form1098CFiled>false</Form1098CFiled>
      <ExcessBusinessHoldings>false</ExcessBusinessHoldings>
      <TaxableDistributions>false</TaxableDistributions>
      <DistributionToDonor>false</DistributionToDonor>
      <FiledLieu1041>false</FiledLieu1041>
      <LicensedMoreThanOneState>false</LicensedMoreThanOneState>
      <IndoorTanningServices>false</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>8</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>8</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>false</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>false</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>false</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>false</MaterialDiversionOrMisuse>
      <MembersOrStockholders>false</MembersOrStockholders>
      <ElectionOfBoardMembers>false</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>false</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>true</MinutesOfGoverningBody>
      <MinutesOfCommittees>false</MinutesOfCommittees>
      <OfficerMailingAddress>false</OfficerMailingAddress>
      <LocalChapters>false</LocalChapters>
      <Form990ProvidedToGoverningBody>false</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>true</ConflictOfInterestPolicy>
      <AnnualDisclosureCoveredPersons>true</AnnualDisclosureCoveredPersons>
      <RegularMonitoringEnforcement>true</RegularMonitoringEnforcement>
      <WhistleblowerPolicy>true</WhistleblowerPolicy>
      <DocumentRetentionPolicy>true</DocumentRetentionPolicy>
      <CompensationProcessCEO>false</CompensationProcessCEO>
      <CompensationProcessOther>false</CompensationProcessOther>
      <InvestmentInJointVenture>false</InvestmentInJointVenture>
      <OtherWebsite>X</OtherWebsite>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NamePerson>RANDY BRADLEY</NamePerson>
        <TelephoneNumber>8032552611</TelephoneNumber>
        <AddressUS>
          <AddressLine1>1301 GERVAIS STREET SUITE 1100</AddressLine1>
          <City>COLUMBIA</City>
          <State>SC</State>
          <ZIPCode>29201</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <NoListedPersonsCompensated>X</NoListedPersonsCompensated>
      <Form990PartVIISectionA>
        <NamePerson>FRANK LUCAS</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <AverageHoursPerWeekRelated>0.00</AverageHoursPerWeekRelated>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JIM REYNOLDS JR</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <AverageHoursPerWeekRelated>0.00</AverageHoursPerWeekRelated>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>SARA FISHER</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <AverageHoursPerWeekRelated>0.00</AverageHoursPerWeekRelated>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DON HERRIOTT</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <AverageHoursPerWeekRelated>0.00</AverageHoursPerWeekRelated>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ROBBIE BARNETT</NamePerson>
        <Title>Secretary</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <AverageHoursPerWeekRelated>0.00</AverageHoursPerWeekRelated>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>BOB STATON</NamePerson>
        <Title>Chairman</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <AverageHoursPerWeekRelated>0.00</AverageHoursPerWeekRelated>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DARIN ALDINGER</NamePerson>
        <Title>Treasurer</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <AverageHoursPerWeekRelated>0.00</AverageHoursPerWeekRelated>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>EMERSON GOWER</NamePerson>
        <Title>VICE CHAIR</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <AverageHoursPerWeekRelated>0.00</AverageHoursPerWeekRelated>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <NumberIndividualsGT100K>0</NumberIndividualsGT100K>
      <FormersListed>false</FormersListed>
      <TotalCompGT150K>false</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <NumberOfContractorsGT100K>0</NumberOfContractorsGT100K>
      <GovernmentGrants>334739</GovernmentGrants>
      <AllOtherContributions>429256</AllOtherContributions>
      <TotalContributions>763995</TotalContributions>
      <ProgramServiceRevenue>
        <Description>REGISTRATION FEES</Description>
        <TotalRevenueColumn>7500</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>7500</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>FEES AND SCHOLARSHIPS</Description>
        <TotalRevenueColumn>94500</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>94500</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>102000</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>41730</TotalRevenueColumn>
        <ExclusionAmount>41730</ExclusionAmount>
      </InvestmentIncome>
      <IncomeFromInvestBondProceeds>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </IncomeFromInvestBondProceeds>
      <RoyaltiesRevenue>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </RoyaltiesRevenue>
      <NetRentalIncomeOrLoss>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetRentalIncomeOrLoss>
      <NetGainOrLossInvestments>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetGainOrLossInvestments>
      <NetIncomeFromFundraisingEvents>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeFromFundraisingEvents>
      <NetIncomeFromGaming>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeFromGaming>
      <NetIncomeOrLoss>
        <TotalRevenueColumn>0</TotalRevenueColumn>
      </NetIncomeOrLoss>
      <OtherRevenueMisc>
        <Description>SCPE III MISCELLANEOUS</Description>
        <TotalRevenueColumn>7686</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>7686</RelatedOrExemptFunctionIncome>
      </OtherRevenueMisc>
      <TotalOtherRevenue>7686</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>915411</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>109686</RelatedOrExemptFunctionIncome>
        <ExclusionAmount>41730</ExclusionAmount>
      </TotalRevenue>
      <InfoInScheduleOPartIX>X</InfoInScheduleOPartIX>
      <GrantsToDomesticOrgs>
        <Total>5000</Total>
        <ProgramServices>5000</ProgramServices>
      </GrantsToDomesticOrgs>
      <GrantsToDomesticIndividuals>
        <Total>14000</Total>
        <ProgramServices>14000</ProgramServices>
      </GrantsToDomesticIndividuals>
      <ForeignGrants>
        <Total>0</Total>
      </ForeignGrants>
      <BenefitsToMembers>
        <Total>0</Total>
      </BenefitsToMembers>
      <CompCurrentOfficersDirectors>
        <Total>0</Total>
      </CompCurrentOfficersDirectors>
      <CompDisqualPersons>
        <Total>0</Total>
      </CompDisqualPersons>
      <OtherSalariesAndWages>
        <Total>0</Total>
      </OtherSalariesAndWages>
      <PensionPlanContributions>
        <Total>0</Total>
      </PensionPlanContributions>
      <OtherEmployeeBenefits>
        <Total>0</Total>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>0</Total>
      </PayrollTaxes>
      <FeesForServicesManagement>
        <Total>0</Total>
      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>0</Total>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>0</Total>
      </FeesForServicesAccounting>
      <FeesForServicesLobbying>
        <Total>0</Total>
      </FeesForServicesLobbying>
      <FeesForServicesProfFundraising>
        <Total>0</Total>
      </FeesForServicesProfFundraising>
      <FeesForServicesInvstMgmntFees>
        <Total>0</Total>
      </FeesForServicesInvstMgmntFees>
      <FeesForServicesOther>
        <Total>0</Total>
      </FeesForServicesOther>
      <Advertising>
        <Total>0</Total>
      </Advertising>
      <OfficeExpenses>
        <Total>0</Total>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>0</Total>
      </InformationTechnology>
      <Royalties>
        <Total>0</Total>
      </Royalties>
      <Occupancy>
        <Total>48727</Total>
        <ProgramServices>48727</ProgramServices>
      </Occupancy>
      <Travel>
        <Total>52581</Total>
        <ProgramServices>52581</ProgramServices>
      </Travel>
      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>0</Total>
      </ConferencesMeetings>
      <Interest>
        <Total>0</Total>
      </Interest>
      <PaymentsToAffiliates>
        <Total>0</Total>
      </PaymentsToAffiliates>
      <DepreciationDepletion>
        <Total>2795</Total>
        <ManagementAndGeneral>2795</ManagementAndGeneral>
      </DepreciationDepletion>
      <Insurance>
        <Total>1813</Total>
        <ProgramServices>1813</ProgramServices>
      </Insurance>
      <OtherExpenses>
        <Description>CONTRACT SERVICES</Description>
        <Total>66827</Total>
        <ProgramServices>66827</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>ADMIN. FEES</Description>
        <Total>85485</Total>
        <ManagementAndGeneral>85485</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>CONTRACT SERVICES &amp; BENEFITS</Description>
        <Total>263629</Total>
        <ProgramServices>263629</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>TUTORING &amp; INCENTIVES</Description>
        <Total>303647</Total>
        <ProgramServices>303647</ProgramServices>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>134560</Total>
        <ProgramServices>125512</ProgramServices>
        <ManagementAndGeneral>9048</ManagementAndGeneral>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>979064</Total>
        <ProgramServices>881736</ProgramServices>
        <ManagementAndGeneral>97328</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>313417</BOY>
        <EOY>287789</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <EOY>0</EOY>
      </SavingsAndTempCashInvestments>
      <PledgesAndGrantsReceivable>
        <EOY>0</EOY>
      </PledgesAndGrantsReceivable>
      <AccountsReceivable>
        <BOY>1000</BOY>
        <EOY>1000</EOY>
      </AccountsReceivable>
      <ReceivablesFromOfficersEtc>
        <EOY>0</EOY>
      </ReceivablesFromOfficersEtc>
      <ReceivablesFromDisqualPersons>
        <EOY>0</EOY>
      </ReceivablesFromDisqualPersons>
      <OtherNotesLoansReceivableNet>
        <EOY>0</EOY>
      </OtherNotesLoansReceivableNet>
      <InventoriesForSaleOrUse>
        <EOY>0</EOY>
      </InventoriesForSaleOrUse>
      <PrepaidExpensesDeferredCharges>
        <BOY>1160</BOY>
        <EOY>0</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>10398</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>7067</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>6126</BOY>
        <EOY>3331</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
        <BOY>1256497</BOY>
        <EOY>1295216</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsOtherSecurities>
        <EOY>0</EOY>
      </InvestmentsOtherSecurities>
      <InvestmentsProgramRelated>
        <EOY>0</EOY>
      </InvestmentsProgramRelated>
      <IntangibleAssets>
        <EOY>0</EOY>
      </IntangibleAssets>
      <OtherAssetsTotal>
        <BOY>28662</BOY>
        <EOY>23199</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>1606862</BOY>
        <EOY>1610535</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>25704</BOY>
        <EOY>29881</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>198804</BOY>
        <EOY>226302</EOY>
      </DeferredRevenue>
      <TotalLiabilities>
        <BOY>224508</BOY>
        <EOY>256183</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <TemporarilyRestrictedNetAssets>
        <BOY>1207354</BOY>
        <EOY>1179352</EOY>
      </TemporarilyRestrictedNetAssets>
      <PermanentlyRestrictedNetAssets>
        <BOY>175000</BOY>
        <EOY>175000</EOY>
      </PermanentlyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>1382354</BOY>
        <EOY>1354352</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>1606862</BOY>
        <EOY>1610535</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>-63653</ReconcilationRevenueExpenses>
      <ReconciliationUnrealizedInvest>80875</ReconciliationUnrealizedInvest>
      <ReconcilationPriorAdjustment>-45224</ReconcilationPriorAdjustment>
      <InfoInScheduleOPartXII>X</InfoInScheduleOPartXII>
      <MethodOfAccountingOther note="MODIFIED CASH">X</MethodOfAccountingOther>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <FSAuditedBasis>
        <FinancialStatementConsolidated>X</FinancialStatementConsolidated>
      </FSAuditedBasis>
      <AuditCommittee>true</AuditCommittee>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="IRS990ScheduleA" softwareId="12000229" softwareVersion="2012v2.0">
      <PubliclySupportedOrg170b1Avi>X</PubliclySupportedOrg170b1Avi>
      <GiftsGrantsContribReceived170>
        <CurrentTaxYearMinus4Years>559000</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>620820</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>365788</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>835257</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>763995</CurrentTaxYear>
        <Total>3144860</Total>
      </GiftsGrantsContribReceived170>
      <TaxRevLeviedForOrgBenefit170>
        <Total>0</Total>
      </TaxRevLeviedForOrgBenefit170>
      <ValueSrvcFcltsFurnishedByGovt>
        <Total>0</Total>
      </ValueSrvcFcltsFurnishedByGovt>
      <Total170>
        <CurrentTaxYearMinus4Years>559000</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>620820</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>365788</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>835257</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>763995</CurrentTaxYear>
        <Total>3144860</Total>
      </Total170>
      <AmountsSubstContributorsTotal>0</AmountsSubstContributorsTotal>
      <PublicSupportTotal170>3144860</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <CurrentTaxYearMinus4Years>62120</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>58693</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>35448</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>38742</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>41730</CurrentTaxYear>
        <Total>236733</Total>
      </GrossInvestmentIncome170>
      <NetUBI>
        <Total>0</Total>
      </NetUBI>
      <OtherIncome170>
        <CurrentTaxYear>7686</CurrentTaxYear>
        <Total>7686</Total>
      </OtherIncome170>
      <TotalSupport>3389279</TotalSupport>
      <PublicSupportPertcentage170>0.92790</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.93250</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="IRS990ScheduleB" softwareId="12000229" softwareVersion="2012v2.0">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="IRS990ScheduleD" softwareId="12000229" softwareVersion="2012v2.0">
      <CurrentYear>
        <BeginningOfYearBalance>175000</BeginningOfYearBalance>
        <EndOfYearBalance>175000</EndOfYearBalance>
      </CurrentYear>
      <CurrentYearMinus1Year>
        <BeginningOfYearBalance>175000</BeginningOfYearBalance>
        <EndOfYearBalance>175000</EndOfYearBalance>
      </CurrentYearMinus1Year>
      <CurrentYearMinus2Years>
        <BeginningOfYearBalance>175000</BeginningOfYearBalance>
        <EndOfYearBalance>175000</EndOfYearBalance>
      </CurrentYearMinus2Years>
      <CurrentYearMinus3Years>
        <BeginningOfYearBalance>175000</BeginningOfYearBalance>
        <EndOfYearBalance>175000</EndOfYearBalance>
      </CurrentYearMinus3Years>
      <CurrentYearMinus4Years>
        <AdministrativeExpenses>175000</AdministrativeExpenses>
        <EndOfYearBalance>175000</EndOfYearBalance>
      </CurrentYearMinus4Years>
      <PermanentEndowmentEOYBalance>1.00000</PermanentEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>false</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <AreRelatedOrgsListedScheduleR>false</AreRelatedOrgsListedScheduleR>
      <Equipment>
        <OtherCostOrOtherBasis>10398</OtherCostOrOtherBasis>
        <Depreciation>7067</Depreciation>
        <BookValue>3331</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>3331</TotalOfBookValueLandBuildings>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="IRS990ScheduleI" softwareId="12000229" softwareVersion="2012v2.0">
      <RecordsMaintained>true</RecordsMaintained>
      <TotalNbrOf501C3AndGovtGrants>0</TotalNbrOf501C3AndGovtGrants>
      <TotalNbrOfOtherOrganizations>0</TotalNbrOfOtherOrganizations>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>SCHOLARSHIPS</TypeOfGrant>
        <NumberOfRecipients>9</NumberOfRecipients>
        <AmountOfCashGrant>9000</AmountOfCashGrant>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>SCHOLARSHIPS</TypeOfGrant>
        <NumberOfRecipients>1</NumberOfRecipients>
        <AmountOfCashGrant>5000</AmountOfCashGrant>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>Grantmaker's Description of How Grants are Used</Identifier>
        <Explanation>Students that the Organization provides mentoring services for attend the Business Week program</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="12000229" softwareVersion="2012v2.0">
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24e</Identifier>
        <ReturnReference>Form 990, Part IX, Line 24e: Other Expenses</ReturnReference>
        <Explanation>TELEPHONE: Column (A) - Total = $4717; Column (B) - Program Services = $4717; Column (C) - Management &amp; General = $0; Column (D) - Fundraising = $0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24e</Identifier>
        <ReturnReference>Form 990, Part IX, Line 24e: Other Expenses</ReturnReference>
        <Explanation>SUPPLIES: Column (A) - Total = $8144; Column (B) - Program Services = $8144; Column (C) - Management &amp; General = $0; Column (D) - Fundraising = $0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24e</Identifier>
        <ReturnReference>Form 990, Part IX, Line 24e: Other Expenses</ReturnReference>
        <Explanation>SCPEF: Column (A) - Total = $50237; Column (B) - Program Services = $50237; Column (C) - Management &amp; General = $0; Column (D) - Fundraising = $0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24e</Identifier>
        <ReturnReference>Form 990, Part IX, Line 24e: Other Expenses</ReturnReference>
        <Explanation>PUBLICITY: Column (A) - Total = $23383; Column (B) - Program Services = $23383; Column (C) - Management &amp; General = $0; Column (D) - Fundraising = $0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24e</Identifier>
        <ReturnReference>Form 990, Part IX, Line 24e: Other Expenses</ReturnReference>
        <Explanation>Printing and Publications: Column (A) - Total = $5755; Column (B) - Program Services = $5755; Column (C) - Management &amp; General = $0; Column (D) - Fundraising = $0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24e</Identifier>
        <ReturnReference>Form 990, Part IX, Line 24e: Other Expenses</ReturnReference>
        <Explanation>Postage and Shipping: Column (A) - Total = $2473; Column (B) - Program Services = $2473; Column (C) - Management &amp; General = $0; Column (D) - Fundraising = $0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24e</Identifier>
        <ReturnReference>Form 990, Part IX, Line 24e: Other Expenses</ReturnReference>
        <Explanation>PARKING: Column (A) - Total = $3164; Column (B) - Program Services = $3164; Column (C) - Management &amp; General = $0; Column (D) - Fundraising = $0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24e</Identifier>
        <ReturnReference>Form 990, Part IX, Line 24e: Other Expenses</ReturnReference>
        <Explanation>MISCELLANEOUS: Column (A) - Total = $23889; Column (B) - Program Services = $23889; Column (C) - Management &amp; General = $0; Column (D) - Fundraising = $0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24e</Identifier>
        <ReturnReference>Form 990, Part IX, Line 24e: Other Expenses</ReturnReference>
        <Explanation>FIELD TRIP EXPENSE: Column (A) - Total = $600; Column (B) - Program Services = $600; Column (C) - Management &amp; General = $0; Column (D) - Fundraising = $0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24e</Identifier>
        <ReturnReference>Form 990, Part IX, Line 24e: Other Expenses</ReturnReference>
        <Explanation>BUS SERVICES: Column (A) - Total = $3150; Column (B) - Program Services = $3150; Column (C) - Management &amp; General = $0; Column (D) - Fundraising = $0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24e</Identifier>
        <ReturnReference>Form 990, Part IX, Line 24e: Other Expenses</ReturnReference>
        <Explanation>BANK CHARGES: Column (A) - Total = $9048; Column (B) - Program Services = $0; Column (C) - Management &amp; General = $9048; Column (D) - Fundraising = $0</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>THESE DOCUMENTS ARE MAINTAINED ON THE PREMISES OF THE ORGANIZATION AND ARE AVAILABLE UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>BOARD OF DIRECTORS AND EMPLOYEES ARE REQUIRED TO NOTIFY THE PRESIDENT AND CEO OF ANY CONFLICTS OF INTEREST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11b</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11b: Form 990 Review Process</ReturnReference>
        <Explanation>A DRAFT OF FORM 990 IS GIVEN TO THE TREASURER FOR REVIEW AND COMMENTS.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>