﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2011v1.2" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-05-14T05:34:31-07:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>OWLETT &amp; LEWIS PC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>1 CHARLES ST PO BOX 878</AddressLine1>
        <City>WELLSBORO</City>
        <State>PA</State>
        <ZIPCode>16901</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>205272437</EIN>
      <Name>
        <BusinessNameLine1>THE BABCOCK FAMILY FOUNDATION</BusinessNameLine1>
      </Name>
      <NameControl>BABC</NameControl>
      <Phone>5707231451</Phone>
      <USAddress>
        <AddressLine1>882 GREENBRIAR DRIVE</AddressLine1>
        <City>STATE COLLEGE</City>
        <State>PA</State>
        <ZIPCode>16801</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>EDWARD E BABCOCK JR</Name>
      <Title>TRUSTEE</Title>
      <Phone>5707231451</Phone>
      <DateSigned>2012-04-18</DateSigned>
    </Officer>
    <Preparer>
      <Name>MICHAEL B ALLEN</Name>
      <Phone>5707231472</Phone>
      <DatePrepared>2012-05-14</DatePrepared>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="9">
    <IRS990PF documentId="00000001" referenceDocumentName="ReasonableCauseExplanation GeneralExplanationAttachment">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>1888879</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <DividendsRevAndExpnss>44451</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>44451</DividendsNetInvstIncm>
        <CapitalGainNetIncmNetInvstIncm>0</CapitalGainNetIncmNetInvstIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="00000006" referenceDocumentName="OtherIncomeSchedule2">4727</OtherIncomeRevAndExpnss>
        <OtherIncomeNetInvstIncm>4727</OtherIncomeNetInvstIncm>
        <TotalRevenueAndExpenses>49178</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>49178</TotalNetInvestmentIncome>
        <LegalFeesRevAndExpnss referenceDocumentId="00000003" referenceDocumentName="LegalFeesSchedule">1750</LegalFeesRevAndExpnss>
        <LegalFeesDsbrsChrtblPrps>1750</LegalFeesDsbrsChrtblPrps>
        <OtherProfFeesRevAndExpnss referenceDocumentId="00000008" referenceDocumentName="OtherProfessionalFeesSchedule">9</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>9</OtherProfFeesNetInvstIncm>
        <InterestRevAndExpnss>23</InterestRevAndExpnss>
        <InterestNetInvstIncm>23</InterestNetInvstIncm>
        <TaxesRevAndExpnss referenceDocumentId="00000009" referenceDocumentName="TaxesSchedule">1334</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>1334</TaxesNetInvstIncm>
        <OtherExpensesRevAndExpnss referenceDocumentId="00000005" referenceDocumentName="AmortizationSchedule OtherExpensesSchedule">2688</OtherExpensesRevAndExpnss>
        <OtherExpensesDsbrsChrtblPrps>2688</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>5804</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>1366</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>4438</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>50738</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>50738</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>56542</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>1366</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>55176</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-7364</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>47812</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>18371</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>7437</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>7437</SavingsAndTempCashInvstEOYFMV>
        <OtherNotesAndLoansRcvblBOY>500000</OtherNotesAndLoansRcvblBOY>
        <OtherNotesAndLoansRcvblEOY>500000</OtherNotesAndLoansRcvblEOY>
        <OtherNotesAndLoansRcvblEOYFMV>500000</OtherNotesAndLoansRcvblEOYFMV>
        <InvestmentsCorpStockBOY>1616567</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="00000002" referenceDocumentName="InvestmentsCorpStockSchedule">1614225</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>1381442</InvestmentsCorpStockEOYFMV>
        <TotalAssetsBOY>2134938</TotalAssetsBOY>
        <TotalAssetsEOY>2121662</TotalAssetsEOY>
        <TotalAssetsEOYFMV>1888879</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>2134938</RetainedEarningsBOY>
        <RetainedEarningsEOY>2121662</RetainedEarningsEOY>
        <TotalNetAssetsBOY>2134938</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>2121662</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>2134938</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>2121662</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>2134938</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-7364</ExcessOfRevenueOverExpenses>
        <OtherIncreases referenceDocumentId="00000007" referenceDocumentName="OtherIncreasesSchedule">143</OtherIncreases>
        <Subtotal>2127717</Subtotal>
        <OtherDecreases referenceDocumentId="00000004" referenceDocumentName="OtherDecreasesSchedule">6055</OtherDecreases>
        <TotalNetAssetsFundBalancesEOY>2121662</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Edward Jones Short Term Noncovered (See attached)</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2011-12-31</DateAcquired>
          <DateSold>2011-12-31</DateSold>
          <GrossSalesPrice>1807</GrossSalesPrice>
          <Depreciation>0</Depreciation>
          <CostOrOtherBasis>1866</CostOrOtherBasis>
          <GainOrLoss>-59</GainOrLoss>
          <FMVAsOf123169>0</FMVAsOf123169>
          <AdjustedBasisAsOf123169>0</AdjustedBasisAsOf123169>
          <ExcessOfFMVOverAdjustedBasis>0</ExcessOfFMVOverAdjustedBasis>
          <GainsMinusExcessOrLosses>-59</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Edward Jones Long Term Noncovered (See attached)</DescriptionOfAsset>
          <HowAcquired>P</HowAcquired>
          <DateAcquired>2010-12-31</DateAcquired>
          <DateSold>2011-12-31</DateSold>
          <GrossSalesPrice>100804</GrossSalesPrice>
          <Depreciation>0</Depreciation>
          <CostOrOtherBasis>106800</CostOrOtherBasis>
          <GainOrLoss>-5996</GainOrLoss>
          <FMVAsOf123169>0</FMVAsOf123169>
          <AdjustedBasisAsOf123169>0</AdjustedBasisAsOf123169>
          <ExcessOfFMVOverAdjustedBasis>0</ExcessOfFMVOverAdjustedBasis>
          <GainsMinusExcessOrLosses>-5996</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>-6055</CapitalGainNetIncome>
        <NetShortTermCapitalGainOrLoss>-59</NetShortTermCapitalGainOrLoss>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <QualifyingDistributionsYear1>41764</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>1343754</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.031080</DistributionRatioYear1>
        <QualifyingDistributionsYear2>30313</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>1167684</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.025960</DistributionRatioYear2>
        <QualifyingDistributionsYear3>25508</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>1387756</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.018381</DistributionRatioYear3>
        <QualifyingDistributionsYear4>173000</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>2134938</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.081033</DistributionRatioYear4>
        <QualifyingDistributionsYear5>23147</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>266269</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.086931</DistributionRatioYear5>
        <TotalDistributionRatio>0.243385</TotalDistributionRatio>
        <AverageDistributionRatio>0.048677</AverageDistributionRatio>
        <NetNoncharitableAssets>1422531</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>69245</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>478</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>69723</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>55176</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>956</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>956</Subtotal>
        <TaxBasedOnInvestmentIncome>956</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>1200</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>1200</TotalCreditsAndPayments>
        <OriginalReturnOverpayment>-1200</OriginalReturnOverpayment>
        <Overpayment>244</Overpayment>
        <AmountCreditedToNextYear>0</AmountCreditedToNextYear>
        <AmountToBeRefunded>244</AmountToBeRefunded>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>PA</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>EDWARD E BABCOCK JR</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>5707231451</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>882 GREENBRIAR DR</AddressLine1>
          <City>STATE COLLEGE</City>
          <State>PA</State>
          <ZIPCode>16801</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <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>EDWARD E BABCOCK JR</PersonName>
          <USAddress>
            <AddressLine1>882 GREENBRIAR DR</AddressLine1>
            <City>STATE COLLEGE</City>
            <State>PA</State>
            <ZIPCode>16801</ZIPCode>
          </USAddress>
          <Title>Trustee</Title>
          <AvgHoursPerWkDevotedToPosition>3.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>ROSEMARY BABCOCK</PersonName>
          <USAddress>
            <AddressLine1>882 GREENBRIAR DR</AddressLine1>
            <City>STATE COLLEGE</City>
            <State>PA</State>
            <ZIPCode>16801</ZIPCode>
          </USAddress>
          <Title>Trustee</Title>
          <AvgHoursPerWkDevotedToPosition>3.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SummaryOfDirectCharitableActy>
        <Description1>The Foundation provided grants to 12 charitiesto further children and youth programs and education,as well as spiritual growth of religious institutions.</Description1>
        <Expenses1>50738</Expenses1>
      </SummaryOfDirectCharitableActy>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>1435987</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>8207</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>1444194</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>1444194</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>21663</CashDeemedCharitable>
        <NetNoncharitableAssets>1422531</NetNoncharitableAssets>
        <MinimumInvestmentReturn>71127</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>71127</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>956</TaxBasedOnInvestmentIncome>
        <TotalTax>956</TotalTax>
        <DistributableAmountBeforeAdj>70171</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>70171</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>70171</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>55176</ExpensesAndContributions>
        <QualifyingDistributions>55176</QualifyingDistributions>
        <AdjQualifyingDistributions>55176</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>70171</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>15067</UndistributedIncomePriorYear>
        <QualifyingDistributions>55176</QualifyingDistributions>
        <AppliedToYear1>15067</AppliedToYear1>
        <AppliedToCurrentYear>40109</AppliedToCurrentYear>
        <UndistributedIncomeCY>30062</UndistributedIncomeCY>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>EDWARD E BABCOCK JR</ContributingManager>
        <ShareholderManager>NONE</ShareholderManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE PENNSYLVANIA STATE UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>201 SHIELDS BUILDING</AddressLine1>
            <City>UNIVERSITY PARK</City>
            <State>PA</State>
            <ZIPCode>16802</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>SCHOOL</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Scholarship</PurposeOfGrantOrContribution>
          <Amount>5200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>STATE COLLEGE CMA CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1221 WEST WHITEHALL ROAD</AddressLine1>
            <City>STATE COLLEGE</City>
            <State>PA</State>
            <ZIPCode>16801</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Further the Programs</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CAMPUS CRUSADE FOR CHRIST INTERNATIONAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>100 LAKE HART DRIVE</AddressLine1>
            <City>ORLANDO</City>
            <State>FL</State>
            <ZIPCode>32832</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Further the Programs</PurposeOfGrantOrContribution>
          <Amount>2400</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COMPASSION INTERNATIONAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>12290 VOYAGER PARKWAY</AddressLine1>
            <City>COLORADO SPRINGS</City>
            <State>CO</State>
            <ZIPCode>80921</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Further the Programs</PurposeOfGrantOrContribution>
          <Amount>128</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ZAWARDI FUND INTERNATIONAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1023 15TH ST NW 12TH FLOOR</AddressLine1>
            <City>WASHINGTON</City>
            <State>DC</State>
            <ZIPCode>20005</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Further the Programs</PurposeOfGrantOrContribution>
          <Amount>27555</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MASKATIYA CHARITIES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>7 W 41ST AVE STE 512</AddressLine1>
            <City>SAN MATEO</City>
            <State>CA</State>
            <ZIPCode>94403</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Flood Relief</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JDRFI CENTRAL RESEARCH FDN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>26 BROADWAY</AddressLine1>
            <City>NEW YORK</City>
            <State>NY</State>
            <ZIPCode>10004</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Further Medical Research</PurposeOfGrantOrContribution>
          <Amount>500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AW &amp; SONS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>309 EAST BEAVER AVE</AddressLine1>
            <City>STATE COLLEGE</City>
            <State>PA</State>
            <ZIPCode>16901</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Scholarship</PurposeOfGrantOrContribution>
          <Amount>6405</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FRIENDSHIP UNITED METHODIST CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>21 WEST MAIN STREET</AddressLine1>
            <City>FRIENDSHIP</City>
            <State>NY</State>
            <ZIPCode>14739</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>501(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Further the Programs</PurposeOfGrantOrContribution>
          <Amount>3300</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>50738</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>44451</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <SubtotalsPartXVIA>
          <ExclusionAmount>44451</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>44451</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>
    <InvestmentsCorpStockSchedule documentId="00000002">
      <InvestmentsCorpStock>
        <NameOfStock>LEVEL 3 COMMUNICATIONS INC (See attached)</NameOfStock>
        <EOYBookValue>110300</EOYBookValue>
        <EOYFMV>31000</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>MUTUAL FUNDS (See attached)</NameOfStock>
        <EOYBookValue>1503925</EOYBookValue>
        <EOYFMV>1350442</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <LegalFeesSchedule documentId="00000003">
      <LegalFees>
        <Category>OWLETT &amp; LEWIS, P.C. 990-PF</Category>
        <Amount>1750</Amount>
        <DisbursementsCharitablePrps>1750</DisbursementsCharitablePrps>
      </LegalFees>
    </LegalFeesSchedule>
    <OtherDecreasesSchedule documentId="00000004">
      <OtherDecreases>
        <Description>Capital Losses</Description>
        <Amount>6055</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="00000005">
      <OtherExpenses>
        <Description>Postage</Description>
        <RevenueAndExpensesPerBooks>17</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>17</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Miscellaneous</Description>
        <RevenueAndExpensesPerBooks>2671</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>2671</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="00000006">
      <OtherIncome>
        <Description>Capital Gain Distribution</Description>
        <RevenueAndExpensesPerBooks>4727</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>4727</NetInvestmentIncome>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherIncreasesSchedule documentId="00000007">
      <OtherIncreases>
        <Description>Cost basis adjustment</Description>
        <Amount>143</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="00000008">
      <OtherProfessionalFees>
        <Category>Edward Jones Investment</Category>
        <Amount>9</Amount>
        <NetInvestmentIncome>9</NetInvestmentIncome>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="00000009">
      <Taxes>
        <Category>Foreign Tax</Category>
        <Amount>554</Amount>
        <NetInvestmentIncome>554</NetInvestmentIncome>
      </Taxes>
      <Taxes>
        <Category>Federal Tax</Category>
        <Amount>780</Amount>
        <NetInvestmentIncome>780</NetInvestmentIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>