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            <BusinessNameLine1>BOLINAS MUSEUM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>48 WHARF RD</AddressLine1>
            <City>BOLINAS</City>
            <State>CA</State>
            <ZIPCode>94924</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>9000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CULVER EDUCATIONAL FOUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1300 ACADEMY RD 153</AddressLine1>
            <City>CULVER</City>
            <State>IN</State>
            <ZIPCode>46511</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>187500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CITY OF RAPID CITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>300 6TH STREET</AddressLine1>
            <City>RAPID CITY</City>
            <State>SD</State>
            <ZIPCode>57701</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TRINITY LUTHERN CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>402 KANSAS CITY</AddressLine1>
            <City>RAPID CITY</City>
            <State>SD</State>
            <ZIPCode>57701</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>YMCA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>300 STATE RD 129S</AddressLine1>
            <City>BATESVILLE</City>
            <State>IN</State>
            <ZIPCode>47006</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BLESSED SACRAMENT CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4500 JACKSON BLVD</AddressLine1>
            <City>RAPID CITY</City>
            <State>SD</State>
            <ZIPCode>57702</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ST JOSEPH CATHOLIC CHURCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>844 NORTH 5TH ST</AddressLine1>
            <City>SPEARFISH</City>
            <State>SD</State>
            <ZIPCode>57783</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>7000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>OGLALA SIOUX TRIBE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>OLD AMBULANCE BLDG</AddressLine1>
            <City>PINE RIDGE</City>
            <State>SD</State>
            <ZIPCode>57770</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>STINSONBOLINAS COMMUNITY FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 367</AddressLine1>
            <City>STINSON BEACH</City>
            <State>CA</State>
            <ZIPCode>94970</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DENISON UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>100 WEST COLLEGE ST</AddressLine1>
            <City>GRANVILLE</City>
            <State>OH</State>
            <ZIPCode>43023</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>YMCA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>815 KANSAS CITY ST</AddressLine1>
            <City>RAPID CITY</City>
            <State>SD</State>
            <ZIPCode>57701</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1600</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WESTERN SD CATHOLIC FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 678</AddressLine1>
            <City>RAPID CITY</City>
            <State>SD</State>
            <ZIPCode>57701</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ALLIED ARTS FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 4080</AddressLine1>
            <City>RAPID CITY</City>
            <State>SD</State>
            <ZIPCode>57709</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CORNERSTONE RESCUE MISSION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>30 MAIN ST</AddressLine1>
            <City>RAPID CITY</City>
            <State>SD</State>
            <ZIPCode>57701</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COURAGE CAMPAIGN INSTITUTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>7119 WEST SUNSET BVLD</AddressLine1>
            <City>LOS ANGELES</City>
            <State>CA</State>
            <ZIPCode>90046</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FRIENDS OF SD PUBLIC BROADCASTING</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 5000</AddressLine1>
            <City>VERMILLION</City>
            <State>SD</State>
            <ZIPCode>57069</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>3008100</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>196619</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>466498</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>-30751</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>632366</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>632366</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>true</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>
        <TransferSchedule>
          <LineNumber>1a(1)</LineNumber>
          <AmountInvolved>1750000</AmountInvolved>
          <NameOfNoncharitableEO>
            <BusinessNameLine1>ECONOMIC DEVELOPMENT</BusinessNameLine1>
            <BusinessNameLine2>CORPORATION</BusinessNameLine2>
          </NameOfNoncharitableEO>
          <DescriptionOfTransfersEtc>CITY-GRANT MADE 07-01-11 AMOUNT EXPENDED BY 12-31-11 WAS 450,000 GRANTEE REPORTS MONTHLY THE BALANCE OF PRIOR YEAR GRANT OF 2,321,093 WAS EXPENDED IN 2011</DescriptionOfTransfersEtc>
        </TransferSchedule>
        <RelationshipsNoncharitableEOs>true</RelationshipsNoncharitableEOs>
        <RelationshipSchedule>
          <NameOfOrganization>
            <BusinessNameLine1>CORPORATION</BusinessNameLine1>
          </NameOfOrganization>
          <TypeOfOrganization>501(C)(6)</TypeOfOrganization>
          <DescriptionOfRelationship>COMMON BOARD MEMBER</DescriptionOfRelationship>
        </RelationshipSchedule>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <CompensationExplanation documentId="RetDoc2">
      <Compensation>
        <PersonName>RAY HILLENBRAND</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>MARGARET HILLENBRAND</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>HEIDI HILLENBRAND</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>GRETCHEN HILLENBRAND</PersonName>
      </Compensation>
    </CompensationExplanation>
    <InvestmentsCorpBondsSchedule documentId="RetDoc3">
      <InvestmentsCorpBonds>
        <NameOfBond>BONDS-J P MORGAN INVESTMENT MGMT</NameOfBond>
        <EOYBookValue>3329886</EOYBookValue>
        <EOYFMV>3358646</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc4">
      <InvestmentsCorpStock>
        <NameOfStock>EQUITIES-J P MORGAN INVESTMENT MGMT</NameOfStock>
        <EOYBookValue>18714311</EOYBookValue>
        <EOYFMV>22352705</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc5">
      <InvestmentsOther>
        <CategoryOrItem>NOTE RECEIVABLE</CategoryOrItem>
        <BookValue>1500000</BookValue>
        <EOYFMV>1500000</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc6">
      <OtherAssets>
        <Description>PREPAID EXCISE TAX</Description>
        <BOYBookValue>2760</BOYBookValue>
        <EOYBookValue>6956</EOYBookValue>
        <EOYFMV>6956</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc7">
      <OtherExpenses>
        <Description>EXPENSES</Description>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INVESTMENT MANAGEMENT FEES</Description>
        <RevenueAndExpensesPerBooks>60883</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>60883</NetInvestmentIncome>
      </OtherExpenses>
      <OtherExpenses>
        <Description>DUES SUBSCRIPTIONS</Description>
        <RevenueAndExpensesPerBooks>695</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>695</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INSURANCE</Description>
        <RevenueAndExpensesPerBooks>2200</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>1100</NetInvestmentIncome>
        <DisbursementsCharitablePrps>1100</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc8">
      <OtherProfessionalFees>
        <Category>PROFESSIONAL FEES</Category>
        <Amount>5274</Amount>
        <NetInvestmentIncome>2637</NetInvestmentIncome>
        <DisbursementsCharitablePrps>2637</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc9">
      <Taxes>
        <Category>EXCISE</Category>
        <Amount>5804</Amount>
      </Taxes>
      <Taxes>
        <Category>FOREIGN TAXES</Category>
        <Amount>3673</Amount>
        <NetInvestmentIncome>3673</NetInvestmentIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>