﻿<?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>2013-04-03T17:54:10-05:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>742323205</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>COKER WOMMACK &amp; COMPANY PC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>PO BOX 8256</AddressLine1>
        <City>WACO</City>
        <State>TX</State>
        <ZIPCode>767148256</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>201349638</EIN>
      <Name>
        <BusinessNameLine1>FM AND GLORIA YOUNG FAMILY FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>FMAN</NameControl>
      <Phone>2547729367</Phone>
      <USAddress>
        <AddressLine1>3025 MOUNT CARMEL DR</AddressLine1>
        <City>WACO</City>
        <State>TX</State>
        <ZIPCode>767101218</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>FM YOUNG</Name>
      <Title>PRESIDENT/DIRECTOR</Title>
      <Phone>2547729367</Phone>
      <DateSigned>2013-03-21</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>TODD E CLEMMER</Name>
      <PTIN>P00258953</PTIN>
      <Phone>2547763871</Phone>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990PF documentId="RetDoc1235000001">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>958317</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <DividendsRevAndExpnss>27707</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>27707</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>32308</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>555295</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>32308</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>60015</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>60015</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>0</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>0</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>0</CompOfcrDirTrstDsbrsChrtblPrps>
        <LegalFeesRevAndExpnss referenceDocumentId="RetDoc2002100001">261</LegalFeesRevAndExpnss>
        <LegalFeesNetInvstIncm>0</LegalFeesNetInvstIncm>
        <LegalFeesDsbrsChrtblPrps>0</LegalFeesDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc2002200001">747</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>0</AccountingFeesNetInvstIncm>
        <AccountingFeesDsbrsChrtblPrps>0</AccountingFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="RetDoc2002300001">4690</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>4690</OtherProfFeesNetInvstIncm>
        <OtherProfFeesDsbrsChrtblPrps>0</OtherProfFeesDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">890</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>0</TaxesNetInvstIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>6588</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>4690</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>45000</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>45000</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>51588</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>4690</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>45000</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>8427</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>55325</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>1450</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>2135</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>2135</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>510646</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc2018900001">478146</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>505015</InvestmentsCorpStockEOYFMV>
        <InvestmentsCorpBondsBOY>404097</InvestmentsCorpBondsBOY>
        <InvestmentsCorpBondsEOY referenceDocumentId="RetDoc2044400001">444339</InvestmentsCorpBondsEOY>
        <InvestmentsCorpBondsEOYFMV>451167</InvestmentsCorpBondsEOYFMV>
        <TotalAssetsBOY>916193</TotalAssetsBOY>
        <TotalAssetsEOY>924620</TotalAssetsEOY>
        <TotalAssetsEOYFMV>958317</TotalAssetsEOYFMV>
        <TotalLiabilitiesBOY>0</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatFollowSFAS117>X</OrgThatFollowSFAS117>
        <UnrestrictedBOY>916193</UnrestrictedBOY>
        <UnrestrictedEOY>924620</UnrestrictedEOY>
        <TotalNetAssetsBOY>916193</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>924620</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>916193</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>924620</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>916193</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>8427</ExcessOfRevenueOverExpenses>
        <OtherIncreases>0</OtherIncreases>
        <Subtotal>924620</Subtotal>
        <OtherDecreases>0</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>924620</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>VARIOUS MUTUAL FUNDS</DescriptionOfAsset>
          <DateSold>2012-12-31</DateSold>
          <GrossSalesPrice>550846</GrossSalesPrice>
          <CostOrOtherBasis>522987</CostOrOtherBasis>
          <GainOrLoss>27859</GainOrLoss>
          <GainsMinusExcessOrLosses>27859</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>CAPITAL GAINS DIVIDENDS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>4449</GrossSalesPrice>
          <GainOrLoss>4449</GainOrLoss>
          <GainsMinusExcessOrLosses>4449</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>32308</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>0</LiableFor4942Tax>
        <QualifyingDistributionsYear1>29379</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>941875</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.031192</DistributionRatioYear1>
        <QualifyingDistributionsYear2>23628</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>420995</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.056124</DistributionRatioYear2>
        <QualifyingDistributionsYear3>13016</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>360346</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.036121</DistributionRatioYear3>
        <QualifyingDistributionsYear4>22000</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>480871</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.045750</DistributionRatioYear4>
        <QualifyingDistributionsYear5>38071</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>583090</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.065292</DistributionRatioYear5>
        <TotalDistributionRatio>0.234479</TotalDistributionRatio>
        <AverageDistributionRatio>0.046896</AverageDistributionRatio>
        <NetNoncharitableAssets>932627</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>43736</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>553</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>44289</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>45000</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>553</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>553</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>553</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>600</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>600</TotalCreditsAndPayments>
        <Overpayment>47</Overpayment>
        <AmountCreditedToNextYear>47</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>TX</StatesFiledWith>
        <Form990PFFiledWithAG>1</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>0</PrivateOperatingFoundation>
        <NewSubstantialContributors>0</NewSubstantialContributors>
        <InterestInControlledEntity>0</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>GLORIA YOUNG</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>2547729367</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>3025 MT CARMEL DR</AddressLine1>
          <City>WACO</City>
          <State>TX</State>
          <ZIPCode>76710</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>FM YOUNG</PersonName>
          <USAddress>
            <AddressLine1>3025 MT CARMEL</AddressLine1>
            <City>WACO</City>
            <State>TX</State>
            <ZIPCode>76710</ZIPCode>
          </USAddress>
          <Title>PRESIDENT/DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>GLORIA YOUNG</PersonName>
          <USAddress>
            <AddressLine1>3025 MT CARMEL</AddressLine1>
            <City>WACO</City>
            <State>TX</State>
            <ZIPCode>76710</ZIPCode>
          </USAddress>
          <Title>SECRETARY/DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>DAVIS YOUNG</PersonName>
          <USAddress>
            <AddressLine1>5204 WHISTLING STRAITS</AddressLine1>
            <City>COLLEGE STATION</City>
            <State>TX</State>
            <ZIPCode>77845</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>MELANIE SHEEDY</PersonName>
          <USAddress>
            <AddressLine1>108 CREEK RIDGE</AddressLine1>
            <City>WACO</City>
            <State>TX</State>
            <ZIPCode>76708</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>KIMBERLY JUNG</PersonName>
          <USAddress>
            <AddressLine1>6130 MT SELMA</AddressLine1>
            <City>WACO</City>
            <State>TX</State>
            <ZIPCode>76710</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>SUSAN ABPLANALP</PersonName>
          <USAddress>
            <AddressLine1>1722 CAMP CRAFT ROAD</AddressLine1>
            <City>AUSTIN</City>
            <State>TX</State>
            <ZIPCode>78746</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>944912</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>1917</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>946829</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>946829</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>14202</CashDeemedCharitable>
        <NetNoncharitableAssets>932627</NetNoncharitableAssets>
        <MinimumInvestmentReturn>46631</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>46631</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>553</TaxBasedOnInvestmentIncome>
        <TotalTax>553</TotalTax>
        <DistributableAmountBeforeAdj>46078</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>46078</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>46078</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>45000</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>45000</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>553</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>44447</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>46078</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <ExcessDistriCarryoverYear5>1004</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear2>3090</ExcessDistriCarryoverYear2>
        <TotalExcessDistriCarryover>4094</TotalExcessDistriCarryover>
        <QualifyingDistributions>45000</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>45000</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>0</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>1078</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>1078</ExcessDistriCyovAppliedCY>
        <TotalCorpus>3016</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>0</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>3016</ExcessDistriCyovToNextYear>
        <ExcessFromYear2>3016</ExcessFromYear2>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>FM YOUNG</ContributingManager>
        <ContributingManager>GLORIA YOUNG</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AUSTIN PETS ALIVE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2807 MANCHACA ROAD</AddressLine1>
            <City>AUSTIN</City>
            <State>TX</State>
            <ZIPCode>78704</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BAYLOR UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>ONE BEAR PLACE 97050</AddressLine1>
            <City>WACO</City>
            <State>TX</State>
            <ZIPCode>767987050</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>EAGLE'S WINGS RETREAT CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 248</AddressLine1>
            <City>BURNET</City>
            <State>TX</State>
            <ZIPCode>78611</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WACO MAMMOTH FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 326</AddressLine1>
            <City>WACO</City>
            <State>TX</State>
            <ZIPCode>76703</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COMPASSION MINISTRIES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1421 AUSTIN</AddressLine1>
            <City>WACO</City>
            <State>TX</State>
            <ZIPCode>76701</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FAMILY ABUSE CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 20395</AddressLine1>
            <City>WACO</City>
            <State>TX</State>
            <ZIPCode>76702</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HISTORIC WACO FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>810 SOUTH FOURTH STREET</AddressLine1>
            <City>WACO</City>
            <State>TX</State>
            <ZIPCode>76706</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MEALS &amp; WHEELS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>501 W WACO DR</AddressLine1>
            <City>WACO</City>
            <State>TX</State>
            <ZIPCode>76707</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE SALVATION ARMY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4721 W WACO DR</AddressLine1>
            <City>WACO</City>
            <State>TX</State>
            <ZIPCode>76703</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CULTURAL ARTS OF WACO</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>801 WASHINGTON AVE SUITE 405</AddressLine1>
            <City>WACO</City>
            <State>TX</State>
            <ZIPCode>76710</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>501(C)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>28000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>45000</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>27707</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>32308</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>0</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>60015</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>60015</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>0</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>0</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>0</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>0</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>0</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>0</ReimbursementArrangements>
        <LoansOrLoanGuarantees>0</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>0</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>0</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>0</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFees>
        <Category>ACCOUNTING FEES</Category>
        <Amount>747</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorpBonds>
        <NameOfBond>VANGUARD TOTAL BD MKT INDEX FUND</NameOfBond>
        <EOYBookValue>89558</EOYBookValue>
        <EOYFMV>92898</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>JP MORGAN MORTGAGE</NameOfBond>
        <EOYBookValue>107098</EOYBookValue>
        <EOYFMV>108866</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>PIMCO INVESTMENT GRADE</NameOfBond>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>TEMPLETON GLOBAL TOTAL</NameOfBond>
        <EOYBookValue>36772</EOYBookValue>
        <EOYFMV>39385</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>ALLIANZ AGIC CONVERTIBLE</NameOfBond>
        <EOYBookValue>78308</EOYBookValue>
        <EOYFMV>76380</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>PIMCO INCOME INST</NameOfBond>
        <EOYBookValue>132603</EOYBookValue>
        <EOYFMV>133638</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>AMERICAN FD CAPITAL</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>CALAMOS GLOBAL GROWTH</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>DFA INTL SMALL CO</NameOfStock>
        <EOYBookValue>34313</EOYBookValue>
        <EOYFMV>33804</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>PRIMECAP ODYSSEY STOCK</NameOfStock>
        <EOYBookValue>27568</EOYBookValue>
        <EOYFMV>31034</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>PRUDENTIAL JENNISON</NameOfStock>
        <EOYBookValue>39392</EOYBookValue>
        <EOYFMV>42950</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>TOUCHSTONE SANDS CAPITAL</NameOfStock>
        <EOYBookValue>44136</EOYBookValue>
        <EOYFMV>52868</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>VANGAURD EMERGING MARKETS</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>BLACKROCK EQTY DIVIDEND</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>DODGE &amp; COX GLOBAL</NameOfStock>
        <EOYBookValue>53183</EOYBookValue>
        <EOYFMV>62276</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>VANGAURD INTL GROWTH FD</NameOfStock>
        <EOYBookValue>85442</EOYBookValue>
        <EOYFMV>86489</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>SPDR BARCLAYS CAPITAL</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>DFA EMERGING MARKETS</NameOfStock>
        <EOYBookValue>47784</EOYBookValue>
        <EOYFMV>48471</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>VANGUARD DEVELOPED MKTS</NameOfStock>
        <EOYBookValue>70483</EOYBookValue>
        <EOYFMV>71795</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>VANGUARD VALUE INDEX</NameOfStock>
        <EOYBookValue>75845</EOYBookValue>
        <EOYFMV>75328</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="RetDoc2002100001">
      <LegalFees>
        <Category>LEGAL FEES</Category>
        <Amount>261</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </LegalFees>
    </LegalFeesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFees>
        <Category>INVESTMENT FEES</Category>
        <Amount>4690</Amount>
        <NetInvestmentIncome>4690</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>ESTIMATED EXCISE TAX PAYMENTS</Category>
        <Amount>600</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>EXCISE TAXES</Category>
        <Amount>290</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>