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          <DescriptionOfAsset>110 shs SPDR Gold Tr</DescriptionOfAsset>
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        <WebsiteAddress>powdermaker.org</WebsiteAddress>
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          <AddressLine1>5901 Cross Timbers Road</AddressLine1>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Alan Powdermaker</PersonName>
          <USAddress>
            <AddressLine1>5901 Cross Timbers Road</AddressLine1>
            <City>Flower Mound</City>
            <State>TX</State>
            <ZIPCode>75022</ZIPCode>
          </USAddress>
          <Title>President</Title>
          <AvgHoursPerWkDevotedToPosition>005.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Jill Powdermaker</PersonName>
          <USAddress>
            <AddressLine1>9247 Forest Hills</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75218</ZIPCode>
          </USAddress>
          <Title>VP / Treas</Title>
          <AvgHoursPerWkDevotedToPosition>008.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Karin Powdermaker</PersonName>
          <USAddress>
            <AddressLine1>5811 Sandalwood Hollow</AddressLine1>
            <City>Austin</City>
            <State>TX</State>
            <ZIPCode>78731</ZIPCode>
          </USAddress>
          <Title>VP / Sec</Title>
          <AvgHoursPerWkDevotedToPosition>005.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Daniel Byrd</PersonName>
          <USAddress>
            <AddressLine1>9247 Forest Hills</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75218</ZIPCode>
          </USAddress>
          <Title>Director</Title>
          <AvgHoursPerWkDevotedToPosition>005.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Barry Lewis</PersonName>
          <USAddress>
            <AddressLine1>3132 Pecan Crossing</AddressLine1>
            <City>Mesquite</City>
            <State>TX</State>
            <ZIPCode>75181</ZIPCode>
          </USAddress>
          <Title>Director</Title>
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          <Compensation>0</Compensation>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Joan Kickham</PersonName>
          <USAddress>
            <AddressLine1>10 Hallshire Ct</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75225</ZIPCode>
          </USAddress>
          <Title>Director</Title>
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        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Sonia White</PersonName>
          <USAddress>
            <AddressLine1>1421 Nantucket Dr</AddressLine1>
            <City>Richardson</City>
            <State>TX</State>
            <ZIPCode>75080</ZIPCode>
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      <SummaryOfDirectCharitableActy>
        <Description1>The foundation provides financial support to further the education of qualified, motivated individuals who might not otherwise have the opportunity for higher education. In calendar 2011, the foundation provided support for thirty-three college students through educational scholarships.</Description1>
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      <SupplementaryInformation>
        <ContributingManager>Alan Powdermaker</ContributingManager>
        <ContributingManager>Jill Powdermaker</ContributingManager>
        <ContributingManager>Karin Powdermaker</ContributingManager>
        <ShareholderManager>None</ShareholderManager>
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          <RecipientName>Daniel Byrd</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>PO Box 181684</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75218</ZIPCode>
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          <RecipientPhoneNumber>8174309060</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>Applications are available through guidance counselors or upon request to the Foundations PO Box shown above.</FormAndInfoAndMaterials>
          <SubmissionDeadlines>Application submission by March 15 for Summer and Fall enrollment September 15 for Winter enrollment</SubmissionDeadlines>
          <RestrictionsOnAwards>3.0 GPA, extracurricular &amp; community activities, demonstration of need, legal US residents, plan to attend college or vocational school</RestrictionsOnAwards>
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          <RecipientPersonName>Aguinaga Patricia</RecipientPersonName>
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            <AddressLine1>2727 Tolosa Dr</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75228</ZIPCode>
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          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
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        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Bailey Byron</RecipientPersonName>
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            <AddressLine1>TCU Box 292167</AddressLine1>
            <City>Ft Worth</City>
            <State>TX</State>
            <ZIPCode>76129</ZIPCode>
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          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
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        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Brown Terra</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1020 S Corinth St Apt B</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75203</ZIPCode>
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          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
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          <RecipientPersonName>Bueno-Zavala Eryka</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>8825 Grovecrest</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75217</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Fernandez Jacqueline</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>823 N Hartsdale Dr</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75211</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
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        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Filuk Anita</RecipientPersonName>
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            <AddressLine1>9680 Timberline Dr Apt 203</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75220</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Garrett Keithlin</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>913 Abigale Ln</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75253</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Gonzalez Juan</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1038 Avon St</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75211</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Gonzalez Marlene</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>8405 Lenel Pl</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75220</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Huang Qiaoling</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>2968 St Albert Dr</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75233</ZIPCode>
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          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Hurtado Biviana</RecipientPersonName>
          <RecipientUSAddress>
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            <ZIPCode>75211</ZIPCode>
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          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
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        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Kimber Shelby</RecipientPersonName>
          <RecipientUSAddress>
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            <ZIPCode>75206</ZIPCode>
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          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>LaFrance Amber</RecipientPersonName>
          <RecipientUSAddress>
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            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75249</ZIPCode>
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          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Lopez Brenda</RecipientPersonName>
          <RecipientUSAddress>
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            <City>Dallas</City>
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            <ZIPCode>75211</ZIPCode>
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          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>McClung Alicia</RecipientPersonName>
          <RecipientUSAddress>
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            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75217</ZIPCode>
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          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
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        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Medina Christopher</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>4205 Honey Tree Lane</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75211</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Miles Morgan</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>4808 Oak Trail</AddressLine1>
            <City>Dallas</City>
            <State>TX</State>
            <ZIPCode>75232</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Miller Devon</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1814 Gateway Dr</AddressLine1>
            <City>Garland</City>
            <State>TX</State>
            <ZIPCode>75040</ZIPCode>
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          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
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        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Mondragon Cynthia</RecipientPersonName>
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          <PurposeOfGrantOrContribution>Educational scholarship</PurposeOfGrantOrContribution>
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        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Nguyen Mary</RecipientPersonName>
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            <State>TX</State>
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        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Pendergrass Alexandre</RecipientPersonName>
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            <State>TX</State>
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        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>Pula Dardan</RecipientPersonName>
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      <OtherExpenses>
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        <DisbursementsCharitablePrps>140</DisbursementsCharitablePrps>
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      <OtherExpenses>
        <Description>Gift cards for scholarship recipients</Description>
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      <OtherExpenses>
        <Description>Post office box</Description>
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        <DisbursementsCharitablePrps>96</DisbursementsCharitablePrps>
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      <OtherExpenses>
        <Description>Supplies postage meetings expense</Description>
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        <DisbursementsCharitablePrps>698</DisbursementsCharitablePrps>
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      <OtherExpenses>
        <Description>Website maintenance</Description>
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