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          <State>IA</State>
          <ZIPCode>50340</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>ASCEND ALLIANCE</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>3165 MILLROCK DRIVE 175</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84121</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>30000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>BOY SCOUTS OF AMERICA</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>252 FOOTHILL BLVD</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84113</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>78270</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>BRIGHAM YOUNG UNIVERSITY</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>CES ADMISSIONS A-41 ASB</AddressLine1>
          <City>PROVO</City>
          <State>UT</State>
          <ZIPCode>84602</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>21377</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>CHRISTIAN CENTER OF PARK CITY</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>1283 DEER VALLEY DRIVE</AddressLine1>
          <City>PARK CITY</City>
          <State>UT</State>
          <ZIPCode>84068</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>11625</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>DONATIONS UNDER 1000</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>VARIOUS</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84106</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>5400</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>HUNTSMAN CANCER FOUNDATION</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>500 HUNTSMAN WAY</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84108</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfNonCashAssistance>1154900</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>ARTWORK</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>INJURED MARINE SEMPER FI FUND</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>825 COLLEGE BLVD SUITE 102 PMB 609</AddressLine1>
          <City>OCEANSIDE</City>
          <State>CA</State>
          <ZIPCode>92057</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>8000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>LDS CHURCH</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>50 E NORTH TEMPLE</AddressLine1>
          <AddressLine2>15TH FLOOR ROOM 1521</AddressLine2>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84150</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>724262</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>LOGAN REGIONAL HOSPITAL FOUNDATION</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>500 EAST 1400 NORTH</AddressLine1>
          <City>LOGAN</City>
          <State>UT</State>
          <ZIPCode>84341</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>15000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>MALI KALANSO</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>565 14TH STREET</AddressLine1>
          <AddressLine2>NO 1</AddressLine2>
          <City>SAN FRANCISCO</City>
          <State>CA</State>
          <ZIPCode>94103</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>15000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>OPPORTUNITY FOUNDATION OF AMERICA</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>7166 VILANDRIE LANE</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84121</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>37770</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>RONALD MCDONALD HOUSE</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>935 EAST SOUTH TEMPLE</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84102</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>60689</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>ROWLAND HALL</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>720 SOUTH GUARDSMAN WAY</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84108</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>25000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>THE ROAD HOME</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>210 S RIO GRANDE STREET</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84101</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>6300</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>TIFIE HUMANITARIAN</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>14864 PONY EXPRESS ROAD</AddressLine1>
          <City>BLUFFDALE</City>
          <State>UT</State>
          <ZIPCode>84065</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>933400</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>UNIVERSITY OF UTAH SKI TEAM</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>201 PRESIDENTS CIRCLE</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84112</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>UNIVERSITY OF UTAH</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>201 PRESIDENTS CIRCLE</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84112</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>15950</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>UTAH STATE UNIVERSITY</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>OLD MAIN HILL</AddressLine1>
          <City>LOGAN</City>
          <State>UT</State>
          <ZIPCode>84322</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>140000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>WHOLE CHILD INTERNATIONAL</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>11726 SAN VICENTE BLVD 222</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90049</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>339289</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>YOUTH MOTIVATION INSTITUTE</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>70 SOUTH ORCHARD DRIVE</AddressLine1>
          <City>NORTH SALT LAKE</City>
          <State>UT</State>
          <ZIPCode>84054</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>15000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>BIG CANYON RANCH</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>175 BIG CANYON LANE</AddressLine1>
          <City>WANSHIP</City>
          <State>UT</State>
          <ZIPCode>84017</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfNonCashAssistance>10000</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>LOAN FORGIVENES</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>CITY OF ST GEORGE</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>175 EAST 200 NORTH</AddressLine1>
          <City>ST GEORGE</City>
          <State>UT</State>
          <ZIPCode>84770</ZIPCode>
        </AddressUS>
        <IRCSection>501C3</IRCSection>
        <AmountOfNonCashAssistance>3350000</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>LAND</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
    </IRS990ScheduleI>
    <IRS990ScheduleL documentId="RetDoc6">
      <LoanTable>
        <NameBusiness>
          <BusinessNameLine1>THREE FORKS LLC</BusinessNameLine1>
        </NameBusiness>
        <LoanFromOrganization>X</LoanFromOrganization>
        <OriginalPrincipalAmount>2336330</OriginalPrincipalAmount>
        <BalanceDue>1945633</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>true</WrittenAgreement>
      </LoanTable>
      <LoanTable>
        <NamePerson>R SCOTT ADAMS</NamePerson>
        <LoanFromOrganization>X</LoanFromOrganization>
        <OriginalPrincipalAmount>500000</OriginalPrincipalAmount>
        <BalanceDue>443031</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>true</WrittenAgreement>
      </LoanTable>
      <LoanTable>
        <NameBusiness>
          <BusinessNameLine1>KT&amp;T FOUNDATION</BusinessNameLine1>
        </NameBusiness>
        <LoanFromOrganization>X</LoanFromOrganization>
        <OriginalPrincipalAmount>347000</OriginalPrincipalAmount>
        <BalanceDue>279068</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>true</WrittenAgreement>
      </LoanTable>
      <LoanTable>
        <NameBusiness>
          <BusinessNameLine1>FAM-A-RAMA LLC</BusinessNameLine1>
        </NameBusiness>
        <LoanFromOrganization>X</LoanFromOrganization>
        <OriginalPrincipalAmount>33768</OriginalPrincipalAmount>
        <BalanceDue>33768</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>true</WrittenAgreement>
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      <TotalBalanceDue>2701500</TotalBalanceDue>
    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="RetDoc7">
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>98605</NoncashContribsRptdF990>
      </SecuritiesPubliclyTraded>
      <SecuritiesCloselyHeldStock>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>2</NumberOfContributions>
        <NoncashContribsRptdF990>1240685</NoncashContribsRptdF990>
      </SecuritiesCloselyHeldStock>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>8</NumberOfContributions>
        <NoncashContribsRptdF990>11942715</NoncashContribsRptdF990>
      </OtherNonCashContributionsTable>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>false</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
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    <IRS990ScheduleO documentId="RetDoc8">
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>THE PI FOUNDATION'S MISSION IS TO SUPPORT, ENCOURAGE, AND FOSTER CHARITABLE GIVING. THE FOUNDATION DOES THIS THROUGH EDUCATION, RESOURCES, AND DONOR ADVISED FUNDS. THE FOUNDATION FINANCIALLY SUPPORTS A WIDE RANGE OF LOCAL AND NATIONAL ORGANIZATIONS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>RELATED PARTY INFORMATION AMONG OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 2</ReturnReference>
        <Explanation>L.S. MCCULLOUGH, JR. SCOTT M. MCCULLOUGH TRUSTEE TRUSTEE FATHER/SON</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>THE TRUSTEES ARE PROVIDED A COPY OF THE FORM 990 BEFORE FILING. IF THERE ARE NO FURTHER QUESTIONS OR ISSUES DISCOVERED, ONE OF THE TRUSTEES WILL SIGN AND MAIL THE E-FILE SIGNATURE FORM 8879-EO TO APPROVE E-FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ENFORCEMENT OF CONFLICTS POLICY</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>EVERY INTERESTED PARTY WHO MIGHT HAVE A CONFLICT OF INTEREST IS REQUIRED TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. ONCE THSE MATERIAL FACTS ARE DISCLOSED, THE INTERESTED PARTY MUST LEAVE THE MEETING WHILE THE GOVERNING BOARD OR COMITTEE MEETING DISCUSS AND VOTE ON WHETHER A CONFLICT OF INTEREST EXISTS. IF AN INTERESTED PARTY FAILS TO DISCLOSE THAT THERE MIGHT POSSIBLY BE A CONFLICT OF INTEREST, HE/SHE IS ALLOWED TO EXPLAIN WHY THEY FAILED TO DISCLOSE. ONCE HE/SHE EXPLAINS THEIR FAILURE TO DISCLOSE A POSSIBLE CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE THEN DETERMINES IF THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST. IT SHALL THEN TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>ALL REQUIRED WRITTEN DOCUMENTS ARE AVAILABLE UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER CHANGES IN NET ASSETS EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 9</ReturnReference>
        <Explanation>FMV ADJUSTMENT 198,432</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>