﻿<?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>2013-10-14T16:46:35-05:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>391173131</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>SCHENCK SC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>PO BOX 23819</AddressLine1>
        <City>GREEN BAY</City>
        <State>WI</State>
        <ZIPCode>543053819</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>391657029</EIN>
      <Name>
        <BusinessNameLine1>LUTSEY FAMILY FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>LUTS</NameControl>
      <Phone>9203399823</Phone>
      <USAddress>
        <AddressLine1>PO BOX 22074</AddressLine1>
        <City>GREEN BAY</City>
        <State>WI</State>
        <ZIPCode>54305</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>THOMAS LUTSEY</Name>
      <Title>PRESIDENT</Title>
      <Phone>9203399823</Phone>
      <DateSigned>2013-10-09</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>DANIEL J YOUNG</Name>
      <PTIN>P00035095</PTIN>
      <Phone>9204367800</Phone>
      <DatePrepared>2013-10-09</DatePrepared>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="8">
    <IRS990PF documentId="RetDoc1235000001">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>4683563</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>7496</ContriReceivedRevAndExpnss>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <DividendsRevAndExpnss>114185</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>114185</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>198385</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>2191885</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>198385</CapitalGainNetIncmNetInvstIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="RetDoc2001500001">-46831</OtherIncomeRevAndExpnss>
        <OtherIncomeNetInvstIncm>1573</OtherIncomeNetInvstIncm>
        <TotalRevenueAndExpenses>273235</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>314143</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>0</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>0</CompOfcrDirTrstNetInvstIncm>
        <CompOfcrDirTrstDsbrsChrtblPrps>0</CompOfcrDirTrstDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc2002200001">5572</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>2786</AccountingFeesNetInvstIncm>
        <AccountingFeesDsbrsChrtblPrps>2786</AccountingFeesDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc2002500001">13246</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>4028</TaxesNetInvstIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc2003200001">17838</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>16292</OtherExpensesNetInvstIncm>
        <OtherExpensesDsbrsChrtblPrps>1546</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>36656</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>23106</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>4332</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>224710</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>224710</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>261366</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>23106</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>229042</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>11869</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>291037</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>127808</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>66787</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>66787</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsGovtObligBOY>316592</InvestmentsGovtObligBOY>
        <InvestmentsGovtObligEOY referenceDocumentId="RetDoc2210400001">332117</InvestmentsGovtObligEOY>
        <InvestmentsGovtObligEOYFMV>335661</InvestmentsGovtObligEOYFMV>
        <InvestmentsCorpStockBOY>2902585</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc2018900001">3016521</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>3479374</InvestmentsCorpStockEOYFMV>
        <InvestmentsOtherBOY>682448</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="RetDoc2018100001">625877</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>801741</InvestmentsOtherEOYFMV>
        <TotalAssetsBOY>4029433</TotalAssetsBOY>
        <TotalAssetsEOY>4041302</TotalAssetsEOY>
        <TotalAssetsEOYFMV>4683563</TotalAssetsEOYFMV>
        <TotalLiabilitiesBOY>0</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatFollowSFAS117>X</OrgThatFollowSFAS117>
        <UnrestrictedBOY>4029433</UnrestrictedBOY>
        <UnrestrictedEOY>4041302</UnrestrictedEOY>
        <TotalNetAssetsBOY>4029433</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>4041302</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>4029433</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>4041302</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>4029433</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>11869</ExcessOfRevenueOverExpenses>
        <OtherIncreases>0</OtherIncreases>
        <Subtotal>4041302</Subtotal>
        <OtherDecreases>0</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>4041302</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>MERILL LYNCH</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>2185072</GrossSalesPrice>
          <CostOrOtherBasis>1986846</CostOrOtherBasis>
          <GainOrLoss>198226</GainOrLoss>
          <GainsMinusExcessOrLosses>198226</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ML SYSTEMATIC MOMENTUM FUTURESACCESS LLC</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <CostOrOtherBasis>6654</CostOrOtherBasis>
          <GainOrLoss>-6654</GainOrLoss>
          <GainsMinusExcessOrLosses>-6654</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ML WINTON FUTURES ACCESS LLC</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>3477</GrossSalesPrice>
          <GainOrLoss>3477</GainOrLoss>
          <GainsMinusExcessOrLosses>3477</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ACP POWER &amp; ENERGY</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>987</GrossSalesPrice>
          <GainOrLoss>987</GainOrLoss>
          <GainsMinusExcessOrLosses>987</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>WILLIAMS PARTNERS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>2</GrossSalesPrice>
          <GainOrLoss>2</GainOrLoss>
          <GainsMinusExcessOrLosses>2</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>ENTERPRISE PRODUCTS PARTNERS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>359</GrossSalesPrice>
          <GainOrLoss>359</GainOrLoss>
          <GainsMinusExcessOrLosses>359</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>CAPITAL GAINS DIVIDENDS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>1988</GrossSalesPrice>
          <GainOrLoss>1988</GainOrLoss>
          <GainsMinusExcessOrLosses>1988</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>198385</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>0</LiableFor4942Tax>
        <QualifyingDistributionsYear1>192309</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>4603372</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.041776</DistributionRatioYear1>
        <QualifyingDistributionsYear2>204980</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>4326685</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.047376</DistributionRatioYear2>
        <QualifyingDistributionsYear3>250609</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>3814757</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.065695</DistributionRatioYear3>
        <QualifyingDistributionsYear4>294977</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>5191884</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.056815</DistributionRatioYear4>
        <QualifyingDistributionsYear5>266740</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>6147627</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.043389</DistributionRatioYear5>
        <TotalDistributionRatio>0.255051</TotalDistributionRatio>
        <AverageDistributionRatio>0.051010</AverageDistributionRatio>
        <NetNoncharitableAssets>4635627</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>236463</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>2910</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>239373</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>229042</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>5821</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>5821</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>5821</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>9920</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>9920</TotalCreditsAndPayments>
        <PenaltyForUnderpayment>2</PenaltyForUnderpayment>
        <Overpayment>4097</Overpayment>
        <AmountCreditedToNextYear>4097</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>WI</StatesFiledWith>
        <Form990PFFiledWithAG>1</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>0</PrivateOperatingFoundation>
        <NewSubstantialContributors>0</NewSubstantialContributors>
        <InterestInControlledEntity>0</InterestInControlledEntity>
        <ApplicableInsuranceContract>0</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>1</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>THOMAS LUTSEY</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>9203399823</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>PO BOX 22074</AddressLine1>
          <City>GREEN BAY</City>
          <State>WI</State>
          <ZIPCode>543052074</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>THOMAS J LUTSEY</PersonName>
          <USAddress>
            <AddressLine1>1675 REMINGTON RIDGE ROAD</AddressLine1>
            <City>DEPERE</City>
            <State>WI</State>
            <ZIPCode>54115</ZIPCode>
          </USAddress>
          <Title>PRESIDENT</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>SHARON L LUTSEY</PersonName>
          <USAddress>
            <AddressLine1>1675 REMINGTON RIDGE ROAD</AddressLine1>
            <City>DEPERE</City>
            <State>WI</State>
            <ZIPCode>54115</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>MATTHEW T LUTSEY</PersonName>
          <USAddress>
            <AddressLine1>PO BOX 22074</AddressLine1>
            <City>GREEN BAY</City>
            <State>WI</State>
            <ZIPCode>54305</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JEFFREY K LUTSEY</PersonName>
          <USAddress>
            <AddressLine1>PO BOX 22074</AddressLine1>
            <City>GREEN BAY</City>
            <State>WI</State>
            <ZIPCode>54305</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>NICHOLAS P LUTSEY</PersonName>
          <USAddress>
            <AddressLine1>PO BOX 22074</AddressLine1>
            <City>GREEN BAY</City>
            <State>WI</State>
            <ZIPCode>54305</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>ANDREW J LUTSEY</PersonName>
          <USAddress>
            <AddressLine1>PO BOX 22074</AddressLine1>
            <City>GREEN BAY</City>
            <State>WI</State>
            <ZIPCode>54305</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>4518216</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>188004</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>4706220</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>4706220</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>70593</CashDeemedCharitable>
        <NetNoncharitableAssets>4635627</NetNoncharitableAssets>
        <MinimumInvestmentReturn>231781</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>231781</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>5821</TaxBasedOnInvestmentIncome>
        <TotalTax>5821</TotalTax>
        <DistributableAmountBeforeAdj>225960</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>225960</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>225960</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>229042</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>229042</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>0</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>229042</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>225960</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>217191</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <TotalExcessDistriCarryover>0</TotalExcessDistriCarryover>
        <QualifyingDistributions>229042</QualifyingDistributions>
        <AppliedToYear1>217191</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>11851</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>0</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>0</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>214109</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>0</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>0</ExcessDistriCyovToNextYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <AppicationSubmissionInfo>
          <RecipientName>TOM AND SHARON LUTSEY</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>1675 REMINGTON RIDGE ROAD</AddressLine1>
            <City>DEPERE</City>
            <State>WI</State>
            <ZIPCode>54115</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>9203399823</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>NO STANDARD FORM OR APPLICATION PROCESS IS REQUIRED BY THE FOUNDATION.</FormAndInfoAndMaterials>
          <SubmissionDeadlines>NONE</SubmissionDeadlines>
          <RestrictionsOnAwards>NONE</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN RED CROSS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 8295</AddressLine1>
            <City>GREEN BAY</City>
            <State>WI</State>
            <ZIPCode>54308</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>2700</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BELLIN COLLEGE OF NURSING</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3201 EATON ROAD PO BOX 23400</AddressLine1>
            <City>GREEN BAY</City>
            <State>WI</State>
            <ZIPCode>54305</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CAPITAL CAMPAIGN</PurposeOfGrantOrContribution>
          <Amount>60000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BELLIN HEALTH FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 23400</AddressLine1>
            <City>GREEN BAY</City>
            <State>WI</State>
            <ZIPCode>54305</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EMERGENCY SERVICES CAMPAIGN</PurposeOfGrantOrContribution>
          <Amount>40000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BOYS AND GIRLS CLUB OF STURGEON BAY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>60 WILLOW DRIVE</AddressLine1>
            <City>STURGEON BAY</City>
            <State>WI</State>
            <ZIPCode>54235</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>29000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>EVANS SCHOLARS FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1 BRIAR RD</AddressLine1>
            <City>GOLF</City>
            <State>IL</State>
            <ZIPCode>60029</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>COLLEGE SCHOLARSHIPS</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JACKIE NITSCHKE CENTER INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>630 CHERRY STREET</AddressLine1>
            <City>GREEN BAY</City>
            <State>WI</State>
            <ZIPCode>54301</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>6100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>STELLA MARIS CHURCH - ST JOHN THE BAPTIST CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 49</AddressLine1>
            <City>EGG HARBOR</City>
            <State>WI</State>
            <ZIPCode>54209</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>300</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE WOMEN'S FUND - DOOR COUNTY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 802</AddressLine1>
            <City>STURGEON BAY</City>
            <State>WI</State>
            <ZIPCode>54235</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>30300</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE WOMEN'S FUND - GREATER GREEN BAY COMMUNITY FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>310 W WALNUT ST SUITE 350</AddressLine1>
            <City>GREEN BAY</City>
            <State>WI</State>
            <ZIPCode>54303</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIVERSITY OF DENVER KAPPA SIGMA CAPITAL CAMPAIGN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>DEPT 585</AddressLine1>
            <City>DENVER</City>
            <State>CO</State>
            <ZIPCode>80202</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC SCHOOL</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CAPITAL CAMPAIGN</PurposeOfGrantOrContribution>
          <Amount>6000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>YMCA OF DOOR COUNTY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3866 GIBRALTAR RD</AddressLine1>
            <City>FISH CREEK</City>
            <State>WI</State>
            <ZIPCode>54212</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BEVERLY CADDY SCHOLARSHIP</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>830 MOUNT PLEASANT ST</AddressLine1>
            <City>WINNETKA</City>
            <State>IL</State>
            <ZIPCode>60093</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DOOR COUNTY HABITAT FOR HUMANITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>410 N 14TH AVE</AddressLine1>
            <City>STURGEON BAY</City>
            <State>WI</State>
            <ZIPCode>54235</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FREEDOM HOUSE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2997 SAINT ANTHONY DR</AddressLine1>
            <City>GREEN BAY</City>
            <State>WI</State>
            <ZIPCode>54311</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>50</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GREEN BAY BOTANICAL GARDENS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2600 LARSEN ROAD</AddressLine1>
            <City>GREEN BAY</City>
            <State>WI</State>
            <ZIPCode>54303</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>GREEN BAY EAST INSTITUTE FOR THE FINE ARTS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1415 E WALNUT ST</AddressLine1>
            <City>GREEN BAY</City>
            <State>WI</State>
            <ZIPCode>54301</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>RIVERGLEN CHRISTIAN CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>S31 W30601 SUNSET DRIVE</AddressLine1>
            <City>WAUKESHA</City>
            <State>WI</State>
            <ZIPCode>53189</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MEMORIAL</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ROTARY CLUB OF NORTHERN DOOR COUNTY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>7973 WISCONSIN 57</AddressLine1>
            <City>BAILEYS HARBOR</City>
            <State>WI</State>
            <ZIPCode>54202</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>110</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ST JUDE CHILDREN'S HOSPITAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>501 ST JUDE PL</AddressLine1>
            <City>MEMPHIS</City>
            <State>TN</State>
            <ZIPCode>38105</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SOPHIA'S CURE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 601</AddressLine1>
            <City>NORTH BELLMORE</City>
            <State>NY</State>
            <ZIPCode>11793</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SPECTRUM DESIGNS FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>416 MAIN STREET</AddressLine1>
            <City>PORT WASHINGTON</City>
            <State>NY</State>
            <ZIPCode>11050</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>600</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WELLNESS CENTER OF DOOR COUNTY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>312 N 5TH AVE</AddressLine1>
            <City>STURGEON BAY</City>
            <State>WI</State>
            <ZIPCode>54235</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PRIESTS OF THE SACRED HEART</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>6889 S LOVERS LANE RD</AddressLine1>
            <City>FRANKLIN</City>
            <State>WI</State>
            <ZIPCode>53132</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATIONS</PurposeOfGrantOrContribution>
          <Amount>400</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>224710</TotGrantOrContriPaidDuringYear>
        <TotGrantOrContriApprovedFuture>0</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>114185</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <OtherInvestmentIncomePartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>1573</ExclusionAmount>
        </OtherInvestmentIncomePartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>198385</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <OtherRevenueDescribed>
          <Description>PUBLICY TRADED PARTNERSHIPS</Description>
          <BusinessCode>480000</BusinessCode>
          <UnrelatedBusinessIncomeAmount>-26892</UnrelatedBusinessIncomeAmount>
        </OtherRevenueDescribed>
        <OtherRevenueDescribed>
          <Description>ML SYSTEMATIC MOMENTUM FUTURESACCESS</Description>
          <BusinessCode>523000</BusinessCode>
          <UnrelatedBusinessIncomeAmount>-11587</UnrelatedBusinessIncomeAmount>
        </OtherRevenueDescribed>
        <OtherRevenueDescribed>
          <Description>ML WINTON FUTURES ACCESS LLC</Description>
          <BusinessCode>523000</BusinessCode>
          <UnrelatedBusinessIncomeAmount>-9925</UnrelatedBusinessIncomeAmount>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>-48404</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>314143</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>265739</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>TAX PREPARATION FEE</Category>
        <Amount>5572</Amount>
        <NetInvestmentIncome>2786</NetInvestmentIncome>
        <DisbursementsCharitablePrps>2786</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>ML #6AF-02178 EQUITIES</NameOfStock>
        <EOYBookValue>156392</EOYBookValue>
        <EOYFMV>242365</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ANNALY CAP MGMT</NameOfStock>
        <EOYBookValue>11442</EOYBookValue>
        <EOYFMV>9969</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>AT&amp;T</NameOfStock>
        <EOYBookValue>12306</EOYBookValue>
        <EOYFMV>16855</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>BAYTEX ENERGY TR</NameOfStock>
        <EOYBookValue>4446</EOYBookValue>
        <EOYFMV>17296</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>CHIMERA INVESTMENT CORP</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ENTERTAINMENT PPTYS TR</NameOfStock>
        <EOYBookValue>7163</EOYBookValue>
        <EOYFMV>17061</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>GENUINE PARTS CO</NameOfStock>
        <EOYBookValue>10924</EOYBookValue>
        <EOYFMV>18756</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>PHILIP MORRIS INTL</NameOfStock>
        <EOYBookValue>16060</EOYBookValue>
        <EOYFMV>22165</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>PFIZER</NameOfStock>
        <EOYBookValue>13249</EOYBookValue>
        <EOYFMV>21694</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>SOUTHERN COPPER CORP</NameOfStock>
        <EOYBookValue>13005</EOYBookValue>
        <EOYFMV>17567</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>STARWOOD PPTY TR INC.</NameOfStock>
        <EOYBookValue>15102</EOYBookValue>
        <EOYFMV>17909</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>SEADRILL LTD</NameOfStock>
        <EOYBookValue>15823</EOYBookValue>
        <EOYFMV>17664</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>VORNADO REALTY TRUST COM</NameOfStock>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>VENTAS INC.</NameOfStock>
        <EOYBookValue>9913</EOYBookValue>
        <EOYFMV>17151</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>VODAFONE GROP PLC</NameOfStock>
        <EOYBookValue>12527</EOYBookValue>
        <EOYFMV>16248</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>WESTPAC BANKING ADR</NameOfStock>
        <EOYBookValue>10240</EOYBookValue>
        <EOYFMV>26203</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ML #6AF-02180 EQUITIES</NameOfStock>
        <EOYBookValue>112234</EOYBookValue>
        <EOYFMV>134153</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ML #6AF-02181 EQUITIES</NameOfStock>
        <EOYBookValue>104162</EOYBookValue>
        <EOYFMV>143930</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ML #6AF-02179 EQUITIES</NameOfStock>
        <EOYBookValue>121316</EOYBookValue>
        <EOYFMV>131183</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ML #6AF-02177 EQUITIES</NameOfStock>
        <EOYBookValue>191333</EOYBookValue>
        <EOYFMV>207716</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ML #6AF-02175 EQUITIES</NameOfStock>
        <EOYBookValue>148032</EOYBookValue>
        <EOYFMV>180603</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ML #6AF-02176 EQUITIES</NameOfStock>
        <EOYBookValue>330377</EOYBookValue>
        <EOYFMV>381924</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ML #6AF-02183 MUTUAL FDS/CLOSED END FDS</NameOfStock>
        <EOYBookValue>260904</EOYBookValue>
        <EOYFMV>323441</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ML #6AF-02017</NameOfStock>
        <EOYBookValue>754160</EOYBookValue>
        <EOYFMV>770359</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ML #6AF-02174 EQUITIES</NameOfStock>
        <EOYBookValue>167290</EOYBookValue>
        <EOYFMV>169316</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ML #6AF-02182 EQUITIES</NameOfStock>
        <EOYBookValue>107970</EOYBookValue>
        <EOYFMV>130659</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ML #6AF-02219 EQUITIES</NameOfStock>
        <EOYBookValue>355957</EOYBookValue>
        <EOYFMV>370469</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>BRITISH AMN TOBACO SPADR</NameOfStock>
        <EOYBookValue>13443</EOYBookValue>
        <EOYFMV>14175</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>GOLAR LNG LIMITED</NameOfStock>
        <EOYBookValue>9974</EOYBookValue>
        <EOYFMV>9379</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>LOCKHEED MARTIN CORP</NameOfStock>
        <EOYBookValue>16034</EOYBookValue>
        <EOYFMV>17997</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>LORILLARD INC</NameOfStock>
        <EOYBookValue>14743</EOYBookValue>
        <EOYFMV>15167</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="RetDoc2210400001">
      <USGovtSecuritiesEOYBookValue>332117</USGovtSecuritiesEOYBookValue>
      <USGovtSecuritiesEOYFMV>335661</USGovtSecuritiesEOYFMV>
      <StateLocalSecuritiesEOYBookVal>0</StateLocalSecuritiesEOYBookVal>
      <StateLocalSecuritiesEOYFMV>0</StateLocalSecuritiesEOYFMV>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="RetDoc2018100001">
      <InvestmentsOther>
        <CategoryOrItem>ML SYSTEMATIC MOMENTUM FUTURES ACCESS LLC</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>0</BookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>TARGA RESOURCES PARTNERS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>5117</BookValue>
        <EOYFMV>19251</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>BUCKEYE PARTNERS LP</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>8576</BookValue>
        <EOYFMV>7039</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>KINDER MORGAN ENERGY PARTNERS LP</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>989</BookValue>
        <EOYFMV>18751</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>TERRA NITROGEN LP</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>8753</BookValue>
        <EOYFMV>18198</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>ENBRIDGE ENERGY PARTNERS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>2638</BookValue>
        <EOYFMV>17019</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>NATURAL RESOURCE PARTNERS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>0</BookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>ENTERPRISE PRODUCTS PARTNERS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>2622</BookValue>
        <EOYFMV>21034</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>PLAINS ALL AMERICAN PIPELINE</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>7459</BookValue>
        <EOYFMV>23977</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>ALLIANCE RESOURCE PARTNERS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>10733</BookValue>
        <EOYFMV>19159</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>PVR PARTNERS LP</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>6766</BookValue>
        <EOYFMV>19095</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>SUNOCO LOGISTICS PARTNERS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>9098</BookValue>
        <EOYFMV>27600</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>MAGELLAN MIDSTREAM PARTNERS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>0</BookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>ENERGY TRANSFER PARTNERS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>0</BookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>WILLIAMS PARTNERS LP</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>433</BookValue>
        <EOYFMV>17031</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>ENERGY TRANSFER EQUITY</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>1536</BookValue>
        <EOYFMV>22740</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>GREEN BAY PACKERS SUPER BOWL RING</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>20000</BookValue>
        <EOYFMV>20000</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>EL PASO PIPELINE PARTNER LP</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>7586</BookValue>
        <EOYFMV>8873</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>BCE INC</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>16963</BookValue>
        <EOYFMV>18894</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>SSE PLC SPONSORED ADR</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>7979</BookValue>
        <EOYFMV>8723</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>ACP POWER AND ENERGY</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>79445</BookValue>
        <EOYFMV>85750</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>ML WINTON FUTURES ACCESS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>429184</BookValue>
        <EOYFMV>428607</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>DUES AND SUBSCRIPTIONS</Description>
        <RevenueAndExpensesPerBooks>695</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>348</NetInvestmentIncome>
        <DisbursementsCharitablePrps>347</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BANK SERVICE CHARGES</Description>
        <RevenueAndExpensesPerBooks>301</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>301</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MERRILL LYNCH BROKERAGE FEES</Description>
        <RevenueAndExpensesPerBooks>14444</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>14444</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>OFFICE SUPPLIES</Description>
        <RevenueAndExpensesPerBooks>1310</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>655</NetInvestmentIncome>
        <DisbursementsCharitablePrps>655</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>ADMINISTRATIVE - OTHER</Description>
        <RevenueAndExpensesPerBooks>10</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>5</NetInvestmentIncome>
        <DisbursementsCharitablePrps>5</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>PRINTING</Description>
        <RevenueAndExpensesPerBooks>484</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>242</NetInvestmentIncome>
        <DisbursementsCharitablePrps>242</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MISCELLANEOUS</Description>
        <RevenueAndExpensesPerBooks>594</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>297</NetInvestmentIncome>
        <DisbursementsCharitablePrps>297</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc2001500001">
      <OtherIncome>
        <Description>PUBLICLY TRADED PARTNERSHIPS</Description>
        <RevenueAndExpensesPerBooks>749</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>749</NetInvestmentIncome>
        <AdjustedNetIncome>749</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>OTHER INVESTMENT INCOME</Description>
        <RevenueAndExpensesPerBooks>824</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>824</NetInvestmentIncome>
        <AdjustedNetIncome>824</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>PUBLICY TRADED PARTNERSHIPS</Description>
        <RevenueAndExpensesPerBooks>-26892</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>-26892</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>ML SYSTEMATIC MOMENTUM FUTURESACCESS</Description>
        <RevenueAndExpensesPerBooks>-11587</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>-11587</AdjustedNetIncome>
      </OtherIncome>
      <OtherIncome>
        <Description>ML WINTON FUTURES ACCESS LLC</Description>
        <RevenueAndExpensesPerBooks>-9925</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>-9925</AdjustedNetIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <TaxesSchedule documentId="RetDoc2002500001">
      <Taxes>
        <Category>MERRILL LYNCH FOREIGN TAXES</Category>
        <Amount>4028</Amount>
        <NetInvestmentIncome>4028</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>EXCISE TAX</Category>
        <Amount>9218</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>