﻿<?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>2012-10-31T09:32:39-07:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Hudgins Crosier Sumpter PC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>1800 S Washington Suite 215</AddressLine1>
        <City>Amarillo</City>
        <State>TX</State>
        <ZIPCode>791022668</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>752853493</EIN>
      <Name>
        <BusinessNameLine1>H FUND</BusinessNameLine1>
      </Name>
      <NameControl>HFUN</NameControl>
      <Phone>8063718771</Phone>
      <USAddress>
        <AddressLine1>1800 S WASHINGTON ST STE 215</AddressLine1>
        <City>AMARILLO</City>
        <State>TX</State>
        <ZIPCode>79102</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Jack S Hudgins</Name>
      <Title>President</Title>
      <DateSigned>2012-10-30</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>TERRY L PRUIETT CPA</Name>
      <Phone>8063718771</Phone>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="5">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation" softwareId="11000144" softwareVersion="2011v1.2">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>886946</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>95800</ContriReceivedRevAndExpnss>
        <DividendsRevAndExpnss>34193</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>34193</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>12901</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>692591</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>12901</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>142894</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>47094</TotalNetInvestmentIncome>
        <CompOfcrDirTrstRevAndExpnss>1200</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>1200</CompOfcrDirTrstNetInvstIncm>
        <AccountingFeesRevAndExpnss referenceDocumentId="AccountingFeesSchedule">1000</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>1000</AccountingFeesNetInvstIncm>
        <TaxesRevAndExpnss referenceDocumentId="TaxesSchedule">1166</TaxesRevAndExpnss>
        <TaxesNetInvstIncm>246</TaxesNetInvstIncm>
        <OtherExpensesRevAndExpnss referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">9998</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>9998</OtherExpensesNetInvstIncm>
        <TotOprExpensesRevAndExpnss>13364</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>12444</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>92600</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>92600</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>105964</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>12444</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>92600</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>36930</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>34650</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>80042</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>203470</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>203470</SavingsAndTempCashInvstEOYFMV>
        <AccountsReceivable>378</AccountsReceivable>
        <AccountsReceivableBOY>188</AccountsReceivableBOY>
        <AccountsReceivableEOY>378</AccountsReceivableEOY>
        <AccountsReceivableEOYFMV>378</AccountsReceivableEOYFMV>
        <InvestmentsCorpStockBOY>538270</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY>479804</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>540617</InvestmentsCorpStockEOYFMV>
        <InvestmentsCorpBondsBOY>186798</InvestmentsCorpBondsBOY>
        <InvestmentsCorpBondsEOY>158576</InvestmentsCorpBondsEOY>
        <InvestmentsCorpBondsEOYFMV>142481</InvestmentsCorpBondsEOYFMV>
        <TotalAssetsBOY>805298</TotalAssetsBOY>
        <TotalAssetsEOY>842228</TotalAssetsEOY>
        <TotalAssetsEOYFMV>886946</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>805298</RetainedEarningsBOY>
        <RetainedEarningsEOY>842228</RetainedEarningsEOY>
        <TotalNetAssetsBOY>805298</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>842228</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>805298</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>842228</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>805298</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>36930</ExcessOfRevenueOverExpenses>
        <Subtotal>842228</Subtotal>
        <TotalNetAssetsFundBalancesEOY>842228</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <GainOrLoss>148</GainOrLoss>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Capital Gain Dividends</DescriptionOfAsset>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>12901</CapitalGainNetIncome>
        <NetShortTermCapitalGainOrLoss>-3198</NetShortTermCapitalGainOrLoss>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>24300</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>752713</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.03228</DistributionRatioYear1>
        <QualifyingDistributionsYear2>128102</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>641064</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.19983</DistributionRatioYear2>
        <QualifyingDistributionsYear3>151558</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>622648</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.24341</DistributionRatioYear3>
        <QualifyingDistributionsYear4>20300</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>594280</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.03416</DistributionRatioYear4>
        <QualifyingDistributionsYear5>108569</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>536469</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.20238</DistributionRatioYear5>
        <TotalDistributionRatio>0.71206</TotalDistributionRatio>
        <AverageDistributionRatio>0.14241</AverageDistributionRatio>
        <NetNoncharitableAssets>843694</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>120151</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>347</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>120498</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>92600</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>693</InvestmentIncomeExciseTax>
        <Subtotal>693</Subtotal>
        <TaxBasedOnInvestmentIncome>693</TaxBasedOnInvestmentIncome>
        <Form2220Attached referenceDocumentId="IRS2220">X</Form2220Attached>
        <PenaltyForUnderpayment>17</PenaltyForUnderpayment>
        <TaxDue>710</TaxDue>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <Form990TFiled>false</Form990TFiled>
        <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>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>JACK S HUDGINS</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>8063718771</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>1800 S WASHINGTON ST STE 215</AddressLine1>
          <City>AMARILLO</City>
          <State>TX</State>
          <ZIPCode>79102</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>true</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <ActsFailToQualifyAsExceptions>false</ActsFailToQualifyAsExceptions>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <UndistrIncome4942a2NotApplied>false</UndistrIncome4942a2NotApplied>
        <BusinessHoldings>false</BusinessHoldings>
        <ExcessBusinessHoldings>false</ExcessBusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <TrFailToQualifyAsExceptions>false</TrFailToQualifyAsExceptions>
        <MaintExpendResponsibility>false</MaintExpendResponsibility>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
        <ProceedsOrNetIncome>false</ProceedsOrNetIncome>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Debbie Land Hudgins</PersonName>
          <USAddress>
            <AddressLine1>3009 Hayden</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79109</ZIPCode>
          </USAddress>
          <Title>Vice President</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Julie Hudgins Morris</PersonName>
          <USAddress>
            <AddressLine1>406 Murray Place</AddressLine1>
            <City>Peachtree City</City>
            <State>GA</State>
            <ZIPCode>30269</ZIPCode>
          </USAddress>
          <Title>Vice President</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Jack S Hudgins Jr</PersonName>
          <USAddress>
            <AddressLine1>3009 Hayden</AddressLine1>
            <City>Amarillo</City>
            <State>TX</State>
            <ZIPCode>79109</ZIPCode>
          </USAddress>
          <Title>Vice President</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Marlene Hoge Hudgins</PersonName>
          <USAddress>
            <AddressLine1>1800 S WASHINGTON SUITE 215</AddressLine1>
            <City>Amarillo</City>
            <State>TX</State>
            <ZIPCode>79102</ZIPCode>
          </USAddress>
          <Title>Vice President</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Jack S Hudgins</PersonName>
          <USAddress>
            <AddressLine1>1800 S WASHINGTON SUITE 215</AddressLine1>
            <City>Amarillo</City>
            <State>TX</State>
            <ZIPCode>79102</ZIPCode>
          </USAddress>
          <Title>President</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>1200</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>787805</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>68737</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>856542</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AdjTotalFMVOfUnusedAssets>856542</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>12848</CashDeemedCharitable>
        <NetNoncharitableAssets>843694</NetNoncharitableAssets>
        <MinimumInvestmentReturn>42185</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>42185</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>693</TaxBasedOnInvestmentIncome>
        <TotalTax>693</TotalTax>
        <DistributableAmountBeforeAdj>41492</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>41492</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>41492</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>92600</ExpensesAndContributions>
        <QualifyingDistributions>92600</QualifyingDistributions>
        <AdjQualifyingDistributions>92600</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>41492</DistributableAmountAsAdjusted>
        <ExcessDistriCarryoverYear5>82508</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear3>121110</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>96445</ExcessDistriCarryoverYear2>
        <TotalExcessDistriCarryover>300063</TotalExcessDistriCarryover>
        <QualifyingDistributions>92600</QualifyingDistributions>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>41492</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>51108</RemainingDistriFromCorpus>
        <TotalCorpus>351171</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovFromYear5>82508</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>268663</ExcessDistriCyovToNextYear>
        <ExcessFromYear3>121110</ExcessFromYear3>
        <ExcessFromYear2>96445</ExcessFromYear2>
        <ExcessFromCurrentYear>51108</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>Debbie Land Hudgins</ContributingManager>
        <ContributingManager>Julie Hudgins Morris</ContributingManager>
        <ContributingManager>Jack S Hudgins Jr</ContributingManager>
        <ContributingManager>Marlene Hoge Hudgins</ContributingManager>
        <ContributingManager>Jack S Hudgins</ContributingManager>
        <AppicationSubmissionInfo>
          <RecipientName>H FUND</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>1800 S WASHINGTON STE 215</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79102</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>8063718771</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>APPLICATION MAY BE MADE IN THE FORM OF A WRITTEN LETTER AND SHOULD INCLUDE GENERAL ORGANIZATIONAL INFORMATION, AMOUNTS REQUESTED, USE OF FUNDS REQUESTED AND CURRENT INFORMATION REGARDING QUALIFICATION UNDER IRS SECTION 501(c)(3).</FormAndInfoAndMaterials>
          <SubmissionDeadlines>NONE</SubmissionDeadlines>
          <RestrictionsOnAwards>ORGANIZATION MUST BE A QUALIFIED 501(C)(3) ORGANIZATION.</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>TRINITY LUTHERAN CHURCH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>5005 I-40 WEST</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79106</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MEMORIAL FUND</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>MARRIAGE TODAY</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 59888</AddressLine1>
            <City>DALLAS</City>
            <State>TX</State>
            <ZIPCode>75229</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING BUDGET</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>HIDEAWAY FOUNDATION</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1800 S WASHINGTON ST STE 215</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79102</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>COMMON OFFICER</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SCHOLARSHIP FUND</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>AMARILLO COLLEGE FOUNDATION</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 447</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79178</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>STATE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MEMORIAL FUND</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>AMARILLO HIGH SCHOOL 50TH ALUMNI AS</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 50872</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79159</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MEMORIAL FUND</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>CAMP CACTUS</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 30758</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79120</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MEMORIAL FUND</PurposeOfGrantOrContribution>
          <Amount>300</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>ST ANDREWS EPISCOPAL SCHOOL</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1515 S GEORGIA</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79102</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SCHOLARSHIP FUND</PurposeOfGrantOrContribution>
          <Amount>8000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>TRINITY FELLOWSHIP</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>5000 HOLLYWOOD RD</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79118</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING BUDGET</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>E3 PARTNERS I AM SECOND</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>2001 W PLANO PKWY STE 2600</AddressLine1>
            <City>PLANO</City>
            <State>TX</State>
            <ZIPCode>75075</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING BUDGET</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>GOLDEN SPREAD COUNCIL</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>401 TASCOSA RD</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79124</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING BUDGET</PurposeOfGrantOrContribution>
          <Amount>250</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>NORTHRIDGE UNITED METHODIST CHURCH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>9650 RESEDA BLVD</AddressLine1>
            <City>NORTHRIDGE</City>
            <State>CA</State>
            <ZIPCode>91324</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MEMORIAL FUND</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>TRINITY BAPTIST CHURCH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>1601 I-40 WEST</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79109</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MEMORIAL FUND</PurposeOfGrantOrContribution>
          <Amount>100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>OPPORTUNITY PLAN OF CANYON</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>504 24TH ST PO BOX 1035</AddressLine1>
            <City>CANYON</City>
            <State>TX</State>
            <ZIPCode>79015</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MEMORIAL FUND</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>WEST TEXAS AM UNIVERSITY</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>2501 4TH AVE</AddressLine1>
            <City>CANYON</City>
            <State>TX</State>
            <ZIPCode>79016</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>STATE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SCHOLARSHIP FUND</PurposeOfGrantOrContribution>
          <Amount>2650</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>CITYCHURCH OUTREACH MINISTRY</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>205 S POLK ST</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79101</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MEMORIAL FUND</PurposeOfGrantOrContribution>
          <Amount>300</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>GRACE LUTHERN CHURCH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>10025 N STATE RT 47</AddressLine1>
            <City>MORRIS</City>
            <State>IL</State>
            <ZIPCode>60450</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING BUDGET</PurposeOfGrantOrContribution>
          <Amount>1100</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>PRESBYTERIAN HOME FOR CHILDREN</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>3400 SOUTH BOWIE ST</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79109</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING BUDGET</PurposeOfGrantOrContribution>
          <Amount>800</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>RICE UNIVERSITY</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 1892</AddressLine1>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77251</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>STATE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING BUDGET</PurposeOfGrantOrContribution>
          <Amount>1700</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>WESTMINSTER PRESBYTERIAN CHRCH</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>2525 WIMBERLY ROAD</AddressLine1>
            <City>AMARILLO</City>
            <State>TX</State>
            <ZIPCode>79109</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>PUB CH</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL OPERATING BUDGET &amp; CAPITAL CAMPAIGN</PurposeOfGrantOrContribution>
          <Amount>6000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>92600</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>34193</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>12901</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>47094</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>47094</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" softwareId="11000144" softwareVersion="2011v1.2">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>5</ContributorNumber>
        <ContributorNameIndividual>JULIE MORRIS</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>406 MURRAY PARK</AddressLine1>
          <City>PEACHTREE CITY</City>
          <State>GA</State>
          <ZIPCode>30269</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>6000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>4</ContributorNumber>
        <ContributorNameIndividual>EDGESOURCE LTD</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>1800 S WASHINGTON SUITE 215</AddressLine1>
          <City>AMARILLO</City>
          <State>TX</State>
          <ZIPCode>79102</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>7500</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>3</ContributorNumber>
        <ContributorNameIndividual>DYRAN REBEKAH CROSIER</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>8109 PROGRESS</AddressLine1>
          <City>AMARILLO</City>
          <State>TX</State>
          <ZIPCode>79119</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>13000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>2</ContributorNumber>
        <ContributorNameIndividual>Jack Hudgins Jr</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>1800 S Washington Suite 215</AddressLine1>
          <City>Amarillo</City>
          <State>TX</State>
          <ZIPCode>79102</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>38300</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>Jack Marlene Hudgins</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>1800 S WASHINGTON SUITE 215</AddressLine1>
          <City>Amarillo</City>
          <State>TX</State>
          <ZIPCode>79102</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>31000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="11000144" softwareVersion="2011v1.2">
      <AccountingFees>
        <Category>TAX PREPERATION</Category>
        <Amount>1000</Amount>
        <NetInvestmentIncome>1000</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="11000144" softwareVersion="2011v1.2">
      <OtherExpenses>
        <Description>ML ANNUAL FEE</Description>
        <RevenueAndExpensesPerBooks>9998</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>9998</NetInvestmentIncome>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="11000144" softwareVersion="2011v1.2">
      <Taxes>
        <Category>INVESTMENT INCOME TAX</Category>
        <Amount>920</Amount>
      </Taxes>
      <Taxes>
        <Category>FOREIGN TAXES</Category>
        <Amount>246</Amount>
        <NetInvestmentIncome>246</NetInvestmentIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>