﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xsi:schemaLocation="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2011v1.3">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-11-07T16:43:13-06:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>BRIGGS &amp; VESELKA CO PC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>9 GREENWAY PLAZA SUITE 1700</AddressLine1>
        <City>HOUSTON</City>
        <State>TX</State>
        <ZIPCode>770460946</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>760174893</EIN>
      <Name>
        <BusinessNameLine1>Baxter Trust</BusinessNameLine1>
        <BusinessNameLine2>c/o Private Foundation Services</BusinessNameLine2>
      </Name>
      <InCareOfName>% SANDEEN &amp; GIBLIN</InCareOfName>
      <NameControl>BAXT</NameControl>
      <Phone>7139606166</Phone>
      <USAddress>
        <AddressLine1>4265 San Felipe</AddressLine1>
        <City>Houston</City>
        <State>TX</State>
        <ZIPCode>77027</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>thomas g hambrick jr</Name>
      <Title>chairman</Title>
      <DateSigned>2012-10-15</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Phone>7136679147</Phone>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="16">
    <IRS990PF documentId="IRS990PF">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>41603622</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>571483</ContriReceivedRevAndExpnss>
        <InterestOnSavingsRevAndExpnss>385</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>385</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>1628460</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>1618838</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>5141131</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>53883984</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>5141131</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>7341459</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>6760354</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>0</CompOfcrDirTrstRevAndExpnss>
        <LegalFeesRevAndExpnss referenceDocumentId="LegalFeesSch">30254</LegalFeesRevAndExpnss>
        <LegalFeesNetInvstIncm>0</LegalFeesNetInvstIncm>
        <LegalFeesAdjNetIncm>0</LegalFeesAdjNetIncm>
        <LegalFeesDsbrsChrtblPrps>30254</LegalFeesDsbrsChrtblPrps>
        <AccountingFeesRevAndExpnss referenceDocumentId="AccountingFeesSch">5750</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>0</AccountingFeesNetInvstIncm>
        <AccountingFeesAdjNetIncm>0</AccountingFeesAdjNetIncm>
        <AccountingFeesDsbrsChrtblPrps>5750</AccountingFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="OthProfFeesSch">228165</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>205249</OtherProfFeesNetInvstIncm>
        <OtherProfFeesDsbrsChrtblPrps>22916</OtherProfFeesDsbrsChrtblPrps>
        <TaxesRevAndExpnss referenceDocumentId="TaxesSchedule">9809</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>9809</TaxesNetInvstIncm>
        <TaxesDsbrsChrtblPrps>0</TaxesDsbrsChrtblPrps>
        <OtherExpensesRevAndExpnss referenceDocumentId="OtherExpensesSch">2099</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>76</OtherExpensesNetInvstIncm>
        <OtherExpensesDsbrsChrtblPrps>2023</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>276077</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>215134</TotOprExpensesNetInvstIncm>
        <TotOprExpensesAdjNetIncm>0</TotOprExpensesAdjNetIncm>
        <TotOprExpensesDsbrsChrtblPrps>60943</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>1875400</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>1875400</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>2151477</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>215134</TotalExpensesNetInvstIncm>
        <TotalExpensesAdjNetIncm>0</TotalExpensesAdjNetIncm>
        <TotalExpensesDsbrsChrtblPrps>1936343</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>5189982</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>6545220</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>2320763</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>1568886</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>1568886</SavingsAndTempCashInvstEOYFMV>
        <AccountsReceivable>0</AccountsReceivable>
        <AccountsReceivableBOY>79434</AccountsReceivableBOY>
        <AccountsReceivableEOY>0</AccountsReceivableEOY>
        <AccountsReceivableEOYFMV>0</AccountsReceivableEOYFMV>
        <InvestmentsGovtObligBOY>8017406</InvestmentsGovtObligBOY>
        <InvestmentsGovtObligEOY referenceDocumentId="InvGovtObligSch">0</InvestmentsGovtObligEOY>
        <InvestmentsGovtObligEOYFMV>0</InvestmentsGovtObligEOYFMV>
        <InvestmentsCorpStockBOY>19650746</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="InvestCorpStockSch">15333934</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>14269429</InvestmentsCorpStockEOYFMV>
        <InvestmentsCorpBondsBOY>7813082</InvestmentsCorpBondsBOY>
        <InvestmentsCorpBondsEOY referenceDocumentId="InvestCorpBondsSch">19720077</InvestmentsCorpBondsEOY>
        <InvestmentsCorpBondsEOYFMV>19888005</InvestmentsCorpBondsEOYFMV>
        <InvestmentsOtherBOY>0</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="InvOtherSch2">5096642</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>5877302</InvestmentsOtherEOYFMV>
        <TotalAssetsBOY>37881431</TotalAssetsBOY>
        <TotalAssetsEOY>41719539</TotalAssetsEOY>
        <TotalAssetsEOYFMV>41603622</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatFollowSFAS117>X</OrgThatFollowSFAS117>
        <UnrestrictedBOY>37881431</UnrestrictedBOY>
        <UnrestrictedEOY>41719539</UnrestrictedEOY>
        <TotalNetAssetsBOY>37881431</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>41719539</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>37881431</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>41719539</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>37881431</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>5189982</ExcessOfRevenueOverExpenses>
        <OtherIncreases referenceDocumentId="OtherIncreasesSch">143407</OtherIncreases>
        <Subtotal>43214820</Subtotal>
        <OtherDecreases referenceDocumentId="OtherDecreasesSch">1495281</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>41719539</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>BRINKER - ST - TAXPAYER MAINTAINS DETAILS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>25156360</GrossSalesPrice>
          <CostOrOtherBasis>22877590</CostOrOtherBasis>
          <GainOrLoss>2278770</GainOrLoss>
          <GainsMinusExcessOrLosses>2278770</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>BRINKER - LT - TAXPAYER MAINTAINS DETAILS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>27490219</GrossSalesPrice>
          <CostOrOtherBasis>24781686</CostOrOtherBasis>
          <GainOrLoss>2708533</GainOrLoss>
          <GainsMinusExcessOrLosses>2708533</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>UBS- ST - TAXPAYER MAINTAINS DETAILS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GrossSalesPrice>1096112</GrossSalesPrice>
          <CostOrOtherBasis>1083577</CostOrOtherBasis>
          <GainOrLoss>12535</GainOrLoss>
          <GainsMinusExcessOrLosses>12535</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>CAPITAL GAIN DIVIDENDS</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <GainOrLoss>141293</GainOrLoss>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>5141131</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>1746766</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>39549670</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.044166</DistributionRatioYear1>
        <QualifyingDistributionsYear2>1381024</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>35798640</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.038578</DistributionRatioYear2>
        <QualifyingDistributionsYear3>761050</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>27520651</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.027654</DistributionRatioYear3>
        <QualifyingDistributionsYear4>327652</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>9727759</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.033682</DistributionRatioYear4>
        <QualifyingDistributionsYear5>278676</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>5565041</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.050076</DistributionRatioYear5>
        <TotalDistributionRatio>0.194156</TotalDistributionRatio>
        <AverageDistributionRatio>0.038831</AverageDistributionRatio>
        <NetNoncharitableAssets>40162942</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>1559567</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>65452</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>1625019</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>1936343</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>65452</InvestmentIncomeExciseTax>
        <Subtotal>65452</Subtotal>
        <TaxBasedOnInvestmentIncome>65452</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>7802</EstTaxPaymentsAndOverpayment>
        <TaxPaidWithExtension>60000</TaxPaidWithExtension>
        <TotalCreditsAndPayments>67802</TotalCreditsAndPayments>
        <Overpayment>2350</Overpayment>
        <AmountCreditedToNextYear>2350</AmountCreditedToNextYear>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>TX</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>SANDEEN &amp; GIBLIN</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>7133371695</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>1800 ST JAMES PLACE SUITE 312</AddressLine1>
          <City>Houston</City>
          <State>TX</State>
          <ZIPCode>77056</ZIPCode>
        </BooksInCareOfUSAddress>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>BLAIR BAXTER</PersonName>
          <USAddress>
            <AddressLine1>4265 San Felipe</AddressLine1>
            <City>Houston</City>
            <State>TX</State>
            <ZIPCode>77027</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>1.0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>DAVID WELSH</PersonName>
          <USAddress>
            <AddressLine1>4265 San Felipe</AddressLine1>
            <City>Houston</City>
            <State>TX</State>
            <ZIPCode>77027</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>1.0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>THOMAS G HAMBRICK JR</PersonName>
          <USAddress>
            <AddressLine1>4265 San Felipe</AddressLine1>
            <City>Houston</City>
            <State>TX</State>
            <ZIPCode>77027</ZIPCode>
          </USAddress>
          <Title>CHAIRMAN</Title>
          <AvgHoursPerWkDevotedToPosition>2.0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>TOBIAS T MONGAN</PersonName>
          <USAddress>
            <AddressLine1>4265 San Felipe</AddressLine1>
            <City>Houston</City>
            <State>TX</State>
            <ZIPCode>77027</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>1.0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>DAVID D WELSH</PersonName>
          <USAddress>
            <AddressLine1>4265 San Felipe</AddressLine1>
            <City>Houston</City>
            <State>TX</State>
            <ZIPCode>77027</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>1.0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>HEIDI KELSEY</PersonName>
          <USAddress>
            <AddressLine1>4265 San Felipe</AddressLine1>
            <City>Houston</City>
            <State>TX</State>
            <ZIPCode>77027</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>1.0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>DAVID HESSEL</PersonName>
          <USAddress>
            <AddressLine1>4265 San Felipe</AddressLine1>
            <City>Houston</City>
            <State>TX</State>
            <ZIPCode>77027</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>1.0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy />
      <SumOfProgramRelatedInvestments />
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>40326954</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>447606</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>40774560</TotalFMVOfUnusedAssets>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>40774560</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>611618</CashDeemedCharitable>
        <NetNoncharitableAssets>40162942</NetNoncharitableAssets>
        <MinimumInvestmentReturn>2008147</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>2008147</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>65452</TaxBasedOnInvestmentIncome>
        <TotalTax>65452</TotalTax>
        <DistributableAmountBeforeAdj>1942695</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>1942695</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>1942695</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>1936343</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <AmountsPaidAcqCharitableAssets>0</AmountsPaidAcqCharitableAssets>
        <AmountsSetAsideSuitabilityTest>0</AmountsSetAsideSuitabilityTest>
        <AmountsSetAsideCashDistriTest>0</AmountsSetAsideCashDistriTest>
        <QualifyingDistributions>1936343</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>65452</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>1870891</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>1942695</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>1572191</UndistributedIncomePriorYear>
        <PriorYear1>2009</PriorYear1>
        <PriorYear2>2008</PriorYear2>
        <PriorYear3>2007</PriorYear3>
        <ExcessDistriCarryoverYear1>0</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>0</TotalExcessDistriCarryover>
        <QualifyingDistributions>1936343</QualifyingDistributions>
        <AppliedToYear1>1572191</AppliedToYear1>
        <AppliedToCurrentYear>364152</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>0</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>0</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>0</ExcessDistriCyovAppliedCY>
        <TotalCorpus>0</TotalCorpus>
        <UndistributedIncomeCY>1578543</UndistributedIncomeCY>
        <ExcessDistriCyovToNextYear>0</ExcessDistriCyovToNextYear>
        <ExcessFromCurrentYear>0</ExcessFromCurrentYear>
      </UndistributedIncome>
      <PrivateOperatingFoundations />
      <SupplementaryInformation>
        <ContributingManager>NONE</ContributingManager>
        <ShareholderManager>NONE</ShareholderManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ANGELLE'S PROJECT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>CHARLES CARTER CEO</AddressLine1>
            <AddressLine2>3401 CONDOR STREET</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77021</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>RE-ENTRY TRANSITIONAL HOUSING/VOCATIONAL TRAINING</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BAY AREA TURNING POINT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>DIANE SAVAGE PRESIDENT</AddressLine1>
            <AddressLine2>PO BOX 57543</AddressLine2>
            <City>WEBSTER</City>
            <State>TX</State>
            <ZIPCode>77543</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SERVICES FOR ABUSED CHILDREN</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BREAD BASKET MINISTRIES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>MARK BERRY DIRECTOR</AddressLine1>
            <AddressLine2>PO BOX 244</AddressLine2>
            <City>FORT WORTH</City>
            <State>TX</State>
            <ZIPCode>76101</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING EXPENSES</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DENVER HARBOR CLINIC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>DANIEL MONTEZ CEO</AddressLine1>
            <AddressLine2>424 HAHLO STREET</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77020</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNINSURED MEDICAL CARE</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HARKINS HOUSE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>HANK MARION PRESIDENT</AddressLine1>
            <AddressLine2>PO BOX 1113</AddressLine2>
            <City>HUMBLE</City>
            <State>TX</State>
            <ZIPCode>773471113</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING EXPENSES</PurposeOfGrantOrContribution>
          <Amount>30500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HEART HOUSE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>ANNA LAND CEO</AddressLine1>
            <AddressLine2>PO BOX 682991</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77268</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>LAUNCH CAMPAIGN</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HOPE AFTER THE JOURNEY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PAT GRIFFIN EXECUTIVE DIRECTOR</AddressLine1>
            <AddressLine2>6260 WESTPARK SUITE 201</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77057</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ADULT LITERACY PROGRAM</PurposeOfGrantOrContribution>
          <Amount>55000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HOUSTON PARKS BOARD</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>DEBORAH RULE DEVELOPMENT COORDINAT</AddressLine1>
            <AddressLine2>300 NORTH POST OAK LANE</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77024</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>HALBERT PARK RENOVATION</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HUMBLE AREA ASSISTANCE MINISTRIES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>SANDY TISDALE EXECUTIVE DIRECTOR</AddressLine1>
            <AddressLine2>1302 FIRST STREET</AddressLine2>
            <City>HUMBLE</City>
            <State>TX</State>
            <ZIPCode>77338</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SELF SUFFICIENCY PROGRAM</PurposeOfGrantOrContribution>
          <Amount>35000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MAGNIFICAT HOUSES INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>LARRY CRONIN DEVELOPMENT DIRECTOR</AddressLine1>
            <AddressLine2>PO BOX 25415</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77265</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>LOAVES AND FISHES SOUP KITCHEN</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NEHEMIAH CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>DIANA CARBIS DIRECTOR OF DEVELOPME</AddressLine1>
            <AddressLine2>5015 FANNIN STREET</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77004</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING EXPENSES</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>POSITIVE COACHING ALLIANCE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>BEN ROSE DIRECTOR</AddressLine1>
            <AddressLine2>1050 N POST OAK ROAD SUITE 210</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77055</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARACTER EDUCATION</PurposeOfGrantOrContribution>
          <Amount>27000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TEXAS A&amp;M UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>CHRIS SIMPSON DEPARTMENT OF COUNSE</AddressLine1>
            <AddressLine2>PO BOX 3011</AddressLine2>
            <City>COMMERCE</City>
            <State>TX</State>
            <ZIPCode>754293011</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PROCEDURE MANUAL FOR COUNSELORS</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TRINITY CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>IRIT UMANI EXECUTIVE DIRECTOR</AddressLine1>
            <AddressLine2>304 E 7TH STREET</AddressLine2>
            <City>AUSTIN</City>
            <State>TX</State>
            <ZIPCode>78758</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>LEADERSHIP TRANSITION</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ACAM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>SHARON ZACHARY-HEYLIGER EXECUTIVE</AddressLine1>
            <AddressLine2>770 S POST OAK LANE SUITE 414</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77056</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GRANT PROGRAM</PurposeOfGrantOrContribution>
          <Amount>75000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HOPE FARM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>GARY RANDLE EXECUTIVE DIRECTOR</AddressLine1>
            <AddressLine2>865 ATLANTA STREET</AddressLine2>
            <City>FORT WORTH</City>
            <State>TX</State>
            <ZIPCode>76104</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PURCHASE OF HOME FOR LOCATION</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HOUSTON COMMUNITY COLLEGE FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>KATY BUTTERWICK DIRECTOR OF DEVELO</AddressLine1>
            <AddressLine2>3100 MAIN STREET SUITE 12B12 MC 1</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77002</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>VAST TRAINING SPECIALISTS</PurposeOfGrantOrContribution>
          <Amount>65000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MAIN STREET MINISTRIES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>TOMMY THOMPSON EXECUTIVE DIRECTOR</AddressLine1>
            <AddressLine2>5100 TRAVIS STREET</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77002</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING EXPENSES</PurposeOfGrantOrContribution>
          <Amount>75000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MINIS AND FRIENDS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>SALLY IWANSKI EXECUTIVE DIRECTOR</AddressLine1>
            <AddressLine2>PO BOX 91704</AddressLine2>
            <City>AUSTIN</City>
            <State>TX</State>
            <ZIPCode>78709</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MINIS OUT, MOVING ON</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MONTROSE COUNSELING CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>MICHAEL ATOR PROJECT SPECIALIST</AddressLine1>
            <AddressLine2>401 BRANDARD STREET 2ND FLOOR</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77006</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>VOLUNTEER PROGRAM EXPANSION</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MUSIQA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>ANTHONY BRANDT ARTISIC DIRECTOR</AddressLine1>
            <AddressLine2>1119 WAUGH DRIVE 1</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77019</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATIONAL PROGRAMMING</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE PARISH SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>BARBARA DEVETSKI DORECTOR OF DEVEL</AddressLine1>
            <AddressLine2>11011 HAMMERLY</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77043</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>TUITION ASSISTANCE</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PRO-VISION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>STEVE FYKE BUSINESS MANAGER</AddressLine1>
            <AddressLine2>4590 WILMINGTON</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77051</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SEEDING HOPE</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SOLID FOUNDATION ASSOCIATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>JOHN CANNINGS EXECUTIVE DIRECTOR</AddressLine1>
            <AddressLine2>2220 E MAIN STREET</AddressLine2>
            <City>NACOGDOCHES</City>
            <State>TX</State>
            <ZIPCode>75961</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>LEVEL PLAYING FIELD</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SPRING SPIRIT BASEBALL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>LINDA RILEYM CAPITAL CAMPAIGN COORD</AddressLine1>
            <AddressLine2>5120 WOODWAY SUITE 6002</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77056</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>YOUTH SPORTS COMPLEX</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WICHITA FALLS ISD</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>BETSY HAMILTON SPECIAL EDUCATION C</AddressLine1>
            <AddressLine2>PO BOX 97533</AddressLine2>
            <City>WICHITA FALLS</City>
            <State>TX</State>
            <ZIPCode>763077533</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARACTER ENRICHMENT</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ST PAUL'S UNITED METHODIST CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>DR L BANKSTON</AddressLine1>
            <AddressLine2>5501 MAIN</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>770046917</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>AFTER SCHOOL ENRICHMENT PROGRAM</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>IVY CHARITABLE TRUST</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>LUCY BREMOND DIRECTOR</AddressLine1>
            <AddressLine2>4101 WATERSTONE ST</AddressLine2>
            <City>MISSOURI CITY</City>
            <State>TX</State>
            <ZIPCode>77459</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SCHOLARSHIPS</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE WAY STATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>EVELYN NOLEN DIRECTOR</AddressLine1>
            <AddressLine2>6221 MAIN STREET</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77030</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING EXPENSES</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMAZING PLACE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>LAUREL THOMPSON DIRECTOR</AddressLine1>
            <AddressLine2>3735 DREXEL STREET</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77027</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MARKETING PROGRAM</PurposeOfGrantOrContribution>
          <Amount>80000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BREAKTHROUGH HOUSTON</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>DARCY DOUGLAS DIRECTOR</AddressLine1>
            <AddressLine2>2401 CLAREMONT LANE</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77019</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>COLLEGE READINESS PROGRAM</PurposeOfGrantOrContribution>
          <Amount>65000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CENTER STREET MINISTRIES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>IVAN RHONE DIRECTOR</AddressLine1>
            <AddressLine2>9337B KATY FREEWAY 263</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77024</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING EXPENSES</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DEPRESSION AND BIPOLAR SUPPORT PROGRAM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>CHRISTINA WILKERSON DIRECTOR</AddressLine1>
            <AddressLine2>3800 BUFFALO SPEEDWAY 300</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77098</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORT GROUP PROGRAM</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HARRIS COUNTY HEALTHCARE ALLIANCE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>KAREN LOVE DIRECTOR</AddressLine1>
            <AddressLine2>1310 PRAIRIE STREET 1080</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77002</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SPRECIALTY CARE ACCESS PROJECT</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HISPANIC SCHOLARSHIP CONSORTIUM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>MARISA LIMON DIRECTOR</AddressLine1>
            <AddressLine2>1107 S 8TH STREET</AddressLine2>
            <City>AUSTIN</City>
            <State>TX</State>
            <ZIPCode>78704</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SCHOLARSHIPS</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HOUSTON DEPT OF HEALTH AND HUMAN SERVICES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>JOEL SHANNON DIRECTOR</AddressLine1>
            <AddressLine2>800 NORTH STADIUM DRIVE 8TH FLOOR</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77054</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SEE TO SUCCCEED</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>KNOWBILITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>RON HICKS DIRECTOR</AddressLine1>
            <AddressLine2>3925 WEST BRAKER LANE</AddressLine2>
            <City>AUSTIN</City>
            <State>TX</State>
            <ZIPCode>78759</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ACCESSIBILITY INTERNET RALLY</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE NEXT STEP FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>STEVEN AMSTUTZ DIRECTOR</AddressLine1>
            <AddressLine2>PO BOX 4059</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77210</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>LEARNING OPPORTUNITIES</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PALMER MEMORIAL CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>GEORGE FERRY DIRECTOR</AddressLine1>
            <AddressLine2>6221 MAIN STREET</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77030</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>ANDEAN RURAL HEALTHCARE</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SCHOOL FOR YOUNG CHILDREN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>DR RUTH STRUDLER DIRECTOR</AddressLine1>
            <AddressLine2>3808 GARROT STREET</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77006</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MATHEMATICS ENRICHMENT PROGRAM</PurposeOfGrantOrContribution>
          <Amount>12900</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>STONEY CREEK RANCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>BARRETT ROUSE DIRECTOR</AddressLine1>
            <AddressLine2>510 BERING STREET SUITE 100</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77057</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>URBAN INITIATIVE</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIVERSITY OF ST THOMAS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>DEBBYE CROFOOT-MORLEY DIRECTOR</AddressLine1>
            <AddressLine2>3800 MONTROSE BLVD</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77006</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CLINICAL EDUCATION FOR NURSES</PurposeOfGrantOrContribution>
          <Amount>75000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIVERSITY OF HOUSTON</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>MELISSA MACGREGOR DIRECTOR</AddressLine1>
            <AddressLine2>334 MELCHER HALL SUITE 350</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77204</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SYSTEM BRIDGE PROGRAM</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AUSTIN CLUBHOUSE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>LISA YOCH DIRECTOR</AddressLine1>
            <AddressLine2>PO BOX 300568</AddressLine2>
            <City>AUSTIN</City>
            <State>TX</State>
            <ZIPCode>78703</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>PROGRAM DEVELOPMENT</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HERMANN PARK CONSERVANCY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>MEGHAN MILLER DIRECTOR</AddressLine1>
            <AddressLine2>6201-A HERMANN PARK DRIVE</AddressLine2>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77030</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHARITY</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EMERGENCY TREE WATERING</PurposeOfGrantOrContribution>
          <Amount>60000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>1875400</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <FeesContractsFromGovtAgencies />
        <MembershipDuesAndAssessments />
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>385</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>1628460</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <NetRentalIncmReDebtFincdProp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncmPersonalProperty />
        <OtherInvestmentIncomePartVII />
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>5141131</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <NetIncomeLossFromSpecialEvents />
        <GrossProfitLossSalesOfInvntry />
        <OtherRevenueDescribed>
          <Description>LITIGATION FUNDS</Description>
          <ExclusionCode>14</ExclusionCode>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <ExclusionAmount>6769976</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>6769976</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>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>John Andrew Baxter CRUT</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>4265 SAN FELIPE</AddressLine1>
          <City>HOUSTON</City>
          <State>TX</State>
          <ZIPCode>77027</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>571483</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSch">
      <AccountingFees>
        <Category>TAX PREP FEES</Category>
        <Amount>5750</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>5750</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSch" />
    <InvestmentsCorpBondsSchedule documentId="InvestCorpBondsSch">
      <InvestmentsCorpBonds>
        <NameOfBond>CORPORATE BONDS</NameOfBond>
        <EOYBookValue>19720077</EOYBookValue>
        <EOYFMV>19888005</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorpStock>
        <NameOfStock>CORPORATE STOCK</NameOfStock>
        <EOYBookValue>15333934</EOYBookValue>
        <EOYFMV>14269429</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="InvGovtObligSch">
      <USGovtSecuritiesEOYBookValue>0</USGovtSecuritiesEOYBookValue>
      <USGovtSecuritiesEOYFMV>0</USGovtSecuritiesEOYFMV>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="InvOtherSch2">
      <InvestmentsOther>
        <CategoryOrItem>OTHER INVESTMENTS</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>5096642</BookValue>
        <EOYFMV>5877302</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="LandEtcSch2" />
    <LegalFeesSchedule documentId="LegalFeesSch">
      <LegalFees>
        <Category>LEGAL FEES</Category>
        <Amount>30254</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>30254</DisbursementsCharitablePrps>
      </LegalFees>
    </LegalFeesSchedule>
    <OtherDecreasesSchedule documentId="OtherDecreasesSch">
      <OtherDecreases>
        <Description>NET SETTLEMENT WITH BAXTER ESTATE</Description>
        <Amount>1495281</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpenses>
        <Description>OTHER EXP-INSURANCE</Description>
        <RevenueAndExpensesPerBooks>2023</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>2023</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>ADR FEES</Description>
        <RevenueAndExpensesPerBooks>76</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>76</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncome>
        <Description>Litigation proceeds</Description>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="OtherIncreasesSch">
      <OtherIncreases>
        <Description>PRIOR PERIOD ADJUSTMENTS TO COST BASIS</Description>
        <Amount>143407</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="OthProfFeesSch">
      <OtherProfessionalFees>
        <Category>MANAGEMENT FEES</Category>
        <Amount>45833</Amount>
        <NetInvestmentIncome>22917</NetInvestmentIncome>
        <DisbursementsCharitablePrps>22916</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
      <OtherProfessionalFees>
        <Category>BRINKER INVEST MANAGEMENT FEES</Category>
        <Amount>137742</Amount>
        <NetInvestmentIncome>137742</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
      <OtherProfessionalFees>
        <Category>UBS INVESTMENT MANAGEMENT FEES</Category>
        <Amount>44590</Amount>
        <NetInvestmentIncome>44590</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule">
      <Taxes>
        <Category>FEDERAL EXCISE TAXES</Category>
        <Amount>0</Amount>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
      <Taxes>
        <Category>FOREIGN WITHHOLDING TAX</Category>
        <Amount>9809</Amount>
        <NetInvestmentIncome>9809</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>