﻿<?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>2013-05-13T18:57:02-05:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>630795199</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>LOVOYSUMMERVILLE &amp; SHELTON LLC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>361 SUMMIT BOULEVARD SUITE 210</AddressLine1>
        <City>BIRMINGHAM</City>
        <State>AL</State>
        <ZIPCode>35243</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>201771428</EIN>
      <Name>
        <BusinessNameLine1>ALYS FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>ALYS</NameControl>
      <Phone>8502135500</Phone>
      <USAddress>
        <AddressLine1>PO BOX 61-5500</AddressLine1>
        <City>ALYS BEACH</City>
        <State>FL</State>
        <ZIPCode>324615500</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>JASON COMER</Name>
      <Title>SECRETARY</Title>
      <Phone>8502135500</Phone>
      <DateSigned>2013-05-13</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>DONALD HOWELL</Name>
      <PTIN>P00833388</PTIN>
      <Phone>2059709080</Phone>
      <DatePrepared>2013-05-13</DatePrepared>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="6">
    <IRS990PF documentId="RetDoc1235000001">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>550689</FMVAssetsEOY>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>177112</ContriReceivedRevAndExpnss>
        <InterestOnSavingsRevAndExpnss>878</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>878</InterestOnSavingsNetInvstIncm>
        <CapitalGainNetIncmNetInvstIncm>0</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>177990</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>878</TotalNetInvestmentIncome>
        <TotalAdjustedNetIncome>0</TotalAdjustedNetIncome>
        <CompOfcrDirTrstRevAndExpnss>0</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>0</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstAdjNetIncm>0</CompOfcrDirTrstAdjNetIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>0</CompOfcrDirTrstDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc2002200001">1253</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>0</AccountingFeesNetInvstIncm>
        <AccountingFeesAdjNetIncm>0</AccountingFeesAdjNetIncm>
        <AccountingFeesDsbrsChrtblPrps>0</AccountingFeesDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">13</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>0</TaxesNetInvstIncm>
        <TaxesAdjNetIncm>0</TaxesAdjNetIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc2003200001">44570</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>0</OtherExpensesNetInvstIncm>
        <OtherExpensesAdjNetIncm>0</OtherExpensesAdjNetIncm>
        <OtherExpensesDsbrsChrtblPrps>44500</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>45836</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>0</TotOprExpensesNetInvstIncm>
        <TotOprExpensesAdjNetIncm>0</TotOprExpensesAdjNetIncm>
        <TotOprExpensesDsbrsChrtblPrps>44500</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>48549</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>48549</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>94385</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>0</TotalExpensesNetInvstIncm>
        <TotalExpensesAdjNetIncm>0</TotalExpensesAdjNetIncm>
        <TotalExpensesDsbrsChrtblPrps>93049</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>83605</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>878</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>396</CashBOY>
        <CashEOY>2108</CashEOY>
        <CashEOYFMV>2108</CashEOYFMV>
        <SavingsAndTempCashInvstBOY>445688</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>529081</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>529081</SavingsAndTempCashInvstEOYFMV>
        <AccountsReceivable>19500</AccountsReceivable>
        <AccountsReceivableBOY>21000</AccountsReceivableBOY>
        <AccountsReceivableEOY>19500</AccountsReceivableEOY>
        <AccountsReceivableEOYFMV>19500</AccountsReceivableEOYFMV>
        <TotalAssetsBOY>467084</TotalAssetsBOY>
        <TotalAssetsEOY>550689</TotalAssetsEOY>
        <TotalAssetsEOYFMV>550689</TotalAssetsEOYFMV>
        <AccountsPayableBOY>2</AccountsPayableBOY>
        <AccountsPayableEOY>2</AccountsPayableEOY>
        <TotalLiabilitiesBOY>2</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>2</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <CapitalStockBOY>0</CapitalStockBOY>
        <CapitalStockEOY>0</CapitalStockEOY>
        <PaidInOrCapitalSurplusBOY>0</PaidInOrCapitalSurplusBOY>
        <PaidInOrCapitalSurplusEOY>0</PaidInOrCapitalSurplusEOY>
        <RetainedEarningsBOY>467082</RetainedEarningsBOY>
        <RetainedEarningsEOY>550687</RetainedEarningsEOY>
        <TotalNetAssetsBOY>467082</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>550687</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>467084</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>550689</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>467082</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>83605</ExcessOfRevenueOverExpenses>
        <OtherIncreases>0</OtherIncreases>
        <Subtotal>550687</Subtotal>
        <OtherDecreases>0</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>550687</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>0</LiableFor4942Tax>
        <QualifyingDistributionsYear1>136644</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>423822</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.322409</DistributionRatioYear1>
        <QualifyingDistributionsYear2>164831</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>482855</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.341367</DistributionRatioYear2>
        <QualifyingDistributionsYear3>37694</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>484314</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.077830</DistributionRatioYear3>
        <QualifyingDistributionsYear4>24952</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>437674</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.057010</DistributionRatioYear4>
        <QualifyingDistributionsYear5>16000</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>378786</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.042240</DistributionRatioYear5>
        <TotalDistributionRatio>0.840856</TotalDistributionRatio>
        <AverageDistributionRatio>0.168171</AverageDistributionRatio>
        <NetNoncharitableAssets>459354</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>77250</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>9</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>77259</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>93049</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>9</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>9</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>9</TaxBasedOnInvestmentIncome>
        <TotalCreditsAndPayments>0</TotalCreditsAndPayments>
        <TaxDue>9</TaxDue>
      </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>FL</StatesFiledWith>
        <Form990PFFiledWithAG>1</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>0</PrivateOperatingFoundation>
        <NewSubstantialContributors referenceDocumentId="RetDoc2089200001">1</NewSubstantialContributors>
        <InterestInControlledEntity>0</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>CHRISTOPHER GENT</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>8502135507</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>9581 E COUNTY HIGHWAY 30-A</AddressLine1>
          <City>PANAMA CITY BEACH</City>
          <State>FL</State>
          <ZIPCode>32413</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>JASON COMER</PersonName>
          <USAddress>
            <AddressLine1>POST OFFICE BOX 61-5500</AddressLine1>
            <City>ALYS BEACH</City>
            <State>FL</State>
            <ZIPCode>324615500</ZIPCode>
          </USAddress>
          <Title>PRESIDENT/DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JAMES T STEPHENS</PersonName>
          <USAddress>
            <AddressLine1>5724 HIGHWAY 280 EAST</AddressLine1>
            <City>BIRMINGHAM</City>
            <State>AL</State>
            <ZIPCode>352426818</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>DELL S BROOKE</PersonName>
          <USAddress>
            <AddressLine1>5724 HIGHWAY 280 EAST</AddressLine1>
            <City>BIRMINGHAM</City>
            <State>AL</State>
            <ZIPCode>352426818</ZIPCode>
          </USAddress>
          <Title>SECRETARY/DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JDAVID WALKER</PersonName>
          <USAddress>
            <AddressLine1>5724 HIGHWAY 280 EAST</AddressLine1>
            <City>BIRMINGHAM</City>
            <State>AL</State>
            <ZIPCode>352426818</ZIPCode>
          </USAddress>
          <Title>VICE-PRESIDENT/TREASURER</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>SANDRA BULLOCK</PersonName>
          <USAddress>
            <AddressLine1>POST OFFICE BOX 61-5500</AddressLine1>
            <City>ALYS BEACH</City>
            <State>FL</State>
            <ZIPCode>324615500</ZIPCode>
          </USAddress>
          <Title>ASST SECRETARY</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy>
        <Description1>CONCERTS AND OTHER COMMUNITY EVENTS WERE HELD TO ENRICH THE COMMUNITY THROUGH THE SUPPORT AND PROMOTION OF CULTURAL, CHARITABLE, SPIRITUAL,LITERARY AND EDUCATIONAL ACTIVITIES.</Description1>
        <Expenses1>44500</Expenses1>
      </SummaryOfDirectCharitableActy>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>0</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>466349</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>466349</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>466349</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>6995</CashDeemedCharitable>
        <NetNoncharitableAssets>459354</NetNoncharitableAssets>
        <MinimumInvestmentReturn>22968</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>22968</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>9</TaxBasedOnInvestmentIncome>
        <TotalTax>9</TotalTax>
        <DistributableAmountBeforeAdj>22959</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>22959</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>22959</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>93049</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>93049</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>9</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>93040</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>22959</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <ExcessDistriCarryoverYear4>3164</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>13490</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>140708</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>115479</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>272841</TotalExcessDistriCarryover>
        <QualifyingDistributions>93049</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>22959</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>70090</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>342931</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>0</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>342931</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>3164</ExcessFromYear4>
        <ExcessFromYear3>13490</ExcessFromYear3>
        <ExcessFromYear2>140708</ExcessFromYear2>
        <ExcessFromYear1>115479</ExcessFromYear1>
        <ExcessFromCurrentYear>70090</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>JASON COMER</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ALAQUE ANIMAL REFUGE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>914 WHITFIELD RD</AddressLine1>
            <City>FREEPORT</City>
            <State>FL</State>
            <ZIPCode>32439</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ANIMAL RESCUE</PurposeOfGrantOrContribution>
          <Amount>549</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHILDREN'S VOLUNTEER HEALTH NETWORK INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 12142</AddressLine1>
            <City>SANTA ROSA BEACH</City>
            <State>FL</State>
            <ZIPCode>32459</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PROVIDE DENTAL SERVICE TO CHILDREN</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CULTURAL ARTS ASSOCIATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2282 WEST SCENIC HWY 30-1 SUITE 5</AddressLine1>
            <City>SANTA ROSA BEACH</City>
            <State>FL</State>
            <ZIPCode>32459</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>TO ENHANCE THE QUALITY OF LIFE IN WALTON COUNTY</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FRIENDS OF CAMP HELEN STATE PARK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 19338</AddressLine1>
            <City>PANAMA CITY BEACH</City>
            <State>FL</State>
            <ZIPCode>32407</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORTS STATE PARK</PurposeOfGrantOrContribution>
          <Amount>3500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GULF COAST COUNCIL BOY SCOUTS OF AMERICA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>9440 UNIVERSITY PARKWAY</AddressLine1>
            <City>PENSACOLA</City>
            <State>FL</State>
            <ZIPCode>32514</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF BOYSCOUTS</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SEASIDE INSTITUTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 4875 SEASIDE BRANCH</AddressLine1>
            <City>SANTA ROSA BEACH</City>
            <State>FL</State>
            <ZIPCode>32459</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT OF COMMUNITY DEVELOPMENT</PurposeOfGrantOrContribution>
          <Amount>10500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SEASIDE REPERTORY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>30 SMOLIAN CIRCLE</AddressLine1>
            <City>SANTA ROSA BEACH</City>
            <State>FL</State>
            <ZIPCode>32459</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT ARTS ORGANIZATION IN WALTON COUNTY</PurposeOfGrantOrContribution>
          <Amount>28200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ST JUDE CHILDREN'S RESEARCH HOSPITAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>262 DANNY THOMAS PLACE</AddressLine1>
            <City>MEMPHIS</City>
            <State>TN</State>
            <ZIPCode>38105</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>DONATION TO CRUSIN FOR ST. JUDE</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SUSAN G KOWEN FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5005 LBJ FREEWAY SUITE 250</AddressLine1>
            <City>DALLAS</City>
            <State>TX</State>
            <ZIPCode>75244</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>DONATION TO CALIZA PINK BREAST CANCER BENEFIT</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WALTON OUTDOORS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>UNDETERMINED</AddressLine1>
            <City>SANTA ROSA BEACH</City>
            <State>FL</State>
            <ZIPCode>32459</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SPONSORSHIP - EXPLORE THE OUTDOORS FESTIVAL</PurposeOfGrantOrContribution>
          <Amount>200</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>48549</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>878</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>0</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>878</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>878</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>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>KELIEHOR INVESTMENTS LTD</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>6250</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>2</ContributorNumber>
        <ContributorNameIndividual>PARRISH DONALD AND BARBARA</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>11683</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>3</ContributorNumber>
        <ContributorNameIndividual>BRYANT JAMES E AND TARA</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>5024</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>4</ContributorNumber>
        <ContributorNameIndividual>CARLISLE ROBERT W AND AMY M</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>6600</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>5</ContributorNumber>
        <ContributorNameIndividual>VIDRINE ERIC K SHANNON</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>6500</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>6</ContributorNumber>
        <ContributorNameIndividual>SMJ OF VIRGINIA LLC</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>5350</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>7</ContributorNumber>
        <ContributorNameIndividual>TURNER MELANIE J</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>5090</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>8</ContributorNumber>
        <ContributorNameIndividual>MILLER LAURA</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>8275</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>9</ContributorNumber>
        <ContributorNameIndividual>JAYNES RICHARD P SHANNON G</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>7600</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>10</ContributorNumber>
        <ContributorNameIndividual>BLAKEY STEVE</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>10250</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>11</ContributorNumber>
        <ContributorNameIndividual>STARKEY JUDITH E</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>9950</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>12</ContributorNumber>
        <ContributorNameIndividual>RIDGEWAY CHRISTOPHER M</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>5275</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>13</ContributorNumber>
        <ContributorNameIndividual>TUCKER RICHARD AND JACLYN S</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>6600</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>14</ContributorNumber>
        <ContributorNameIndividual>BUFFINGTON R STEVE AND MARY ELLEN</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>20000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>15</ContributorNumber>
        <ContributorNameIndividual>FREER JOHN AND STEWART NINA</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>6500</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>16</ContributorNumber>
        <ContributorNameIndividual>CASTRO DANIEL AND ANNA</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>7700</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>17</ContributorNumber>
        <ContributorNameIndividual>FULLENWIDER JOHN</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>8495</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>18</ContributorNumber>
        <ContributorNameIndividual>HEAD MARION D</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>8125</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>19</ContributorNumber>
        <ContributorNameIndividual>FAULCONER GERALD AND KAREN</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>6245</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFees>
        <Category>PROFESSIONAL FEES</Category>
        <Amount>1253</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>AB FOUNDATION EVENTS</Description>
        <RevenueAndExpensesPerBooks>34850</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>34850</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>LICENSES, PERMITS, FEES</Description>
        <RevenueAndExpensesPerBooks>70</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>COMMUNITY STATUE</Description>
        <RevenueAndExpensesPerBooks>9650</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>9650</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <SubstantialContributorsSch documentId="RetDoc2089200001">
      <SubstantialContributor>
        <PersonName>RSTEVE MARY ELLEN BUFFINGTON</PersonName>
        <USAddress>
          <AddressLine1>AVAILABLE UPON REQUEST</AddressLine1>
          <City>ALYS BEACH</City>
          <State>FL</State>
          <ZIPCode>32461</ZIPCode>
        </USAddress>
      </SubstantialContributor>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>INCOME TAX</Category>
        <Amount>13</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>