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        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 600610</AddressLine1>
            <City>DALLAS</City>
            <State>TX</State>
            <ZIPCode>75206</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>TEELE HALL 357 - SOLDIERS FIELD</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02163</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>4000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 37460</AddressLine1>
            <City>TALLAHASSEE</City>
            <State>FL</State>
            <ZIPCode>32315</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Charitable</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>5692 N KENDALL DR</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33156</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 117625</AddressLine1>
            <City>GAINESVILLE</City>
            <State>FL</State>
            <ZIPCode>32611</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Education</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriApprovedForFuture>
        <GrantOrContriApprovedForFuture>
          <RecipientFoundationStatus>501(c)3</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CharitablePerpetual pledgeAnnual amount</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriApprovedForFuture>
        <TotGrantOrContriApprovedFuture>214500</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>169176</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>281874</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <SubtotalsPartXVIA>
          <ExclusionAmount>451050</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>451050</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="00000002">
      <AccountingFees>
        <Category>JL Hofmann &amp; Associates,PA tax return preparation</Category>
        <Amount>5000</Amount>
        <NetInvestmentIncome>5000</NetInvestmentIncome>
      </AccountingFees>
    </AccountingFeesSchedule>
    <GeneralExplanationAttachment documentId="00000003">
      <GeneralExplanation>
        <Identifier>Statement #1 - Form in which applications should be submitted</Identifier>
        <Explanation>REQUESTS FOR CONTRIBUTIONS SHOULD INCLUDE A BRIEF HISTORY OF THE ORGANIZATION, A CURRENT LIST OF THE MEMBERS OF THE BOARD OF DIRECTORS AND SENIOR EXECUTIVES, THE CURRENT ANNUAL BUDGET, THE ENTITIES PERCENT OF MANAGEMENT/ADMINISTRATION COSTS TO DOLLARS DISTRIBUTED, THE PROPOSED USE OF REQUESTED FUNDS AND THE AMOUNT OF THE REQUEST. FURTHER, THE FOUNDATION WILL REQUIRE A COPY OF THE ORGANIZATION'S TAX EXEMPT CERTIFICATE.</Explanation>
      </GeneralExplanation>
    </GeneralExplanationAttachment>
    <InvestmentsCorpBondsSchedule documentId="00000004">
      <InvestmentsCorpBonds>
        <NameOfBond>Citigroup 5% 9/15/2014</NameOfBond>
        <EOYBookValue>81219</EOYBookValue>
        <EOYFMV>105472</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>GMAC</NameOfBond>
        <EOYBookValue>300000</EOYBookValue>
        <EOYFMV>296463</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>International Paper 7.95% 6/15/2018</NameOfBond>
        <EOYBookValue>83239</EOYBookValue>
        <EOYFMV>128706</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Macy's 7.875% 7/15/2015</NameOfBond>
        <EOYBookValue>39317</EOYBookValue>
        <EOYFMV>58719</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>Marriot International 5.81% 11/10/2015</NameOfBond>
        <EOYBookValue>85380</EOYBookValue>
        <EOYFMV>112991</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="00000005">
      <InvestmentsCorpStock>
        <NameOfStock>Stocks - see statement 2</NameOfStock>
        <EOYBookValue>4736579</EOYBookValue>
        <EOYFMV>9869746</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>Schwab Mutual Funds</NameOfStock>
        <EOYBookValue>239647</EOYBookValue>
        <EOYFMV>250440</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>Vanguard Mutual Funds</NameOfStock>
        <EOYBookValue>2127270</EOYBookValue>
        <EOYFMV>3300053</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="00000006">
      <USGovtSecuritiesEOYBookValue>2410810</USGovtSecuritiesEOYBookValue>
      <USGovtSecuritiesEOYFMV>3141287</USGovtSecuritiesEOYFMV>
    </InvestmentsGovtObligationsSch>
    <OtherExpensesSchedule documentId="00000007">
      <OtherExpenses>
        <Description>Bank Service Charges</Description>
        <RevenueAndExpensesPerBooks>144</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>144</NetInvestmentIncome>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="00000008">
      <OtherProfessionalFees>
        <Category>BHW Financial Services Accounting/Management</Category>
        <Amount>1012</Amount>
        <NetInvestmentIncome>1012</NetInvestmentIncome>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="00000009">
      <Taxes>
        <Category>Licenses</Category>
        <Amount>53</Amount>
        <NetInvestmentIncome>53</NetInvestmentIncome>
      </Taxes>
      <Taxes>
        <Category>Foreign tax paid</Category>
        <Amount>1894</Amount>
        <NetInvestmentIncome>1894</NetInvestmentIncome>
      </Taxes>
      <Taxes>
        <Category>Federal income taxes</Category>
        <Amount>10096</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>