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    <Timestamp>2012-11-10T10:11:49-00:00</Timestamp>
    <TaxPeriodEndDate>2012-06-30</TaxPeriodEndDate>
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        <BusinessNameLine1>Rodney Brown and Company</BusinessNameLine1>
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      <PreparerFirmUSAddress>
        <AddressLine1>495 Burnham Avenue</AddressLine1>
        <City>Calumet City</City>
        <State>IL</State>
        <ZIPCode>60409</ZIPCode>
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    <TaxPeriodBeginDate>2011-07-01</TaxPeriodBeginDate>
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        <BusinessNameLine1>XI LAMBDA EDUCATIONAL FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>XILA</NameControl>
      <Phone>7089330231</Phone>
      <USAddress>
        <AddressLine1>8236 SOUTH WESTERN</AddressLine1>
        <City>CHICAGO</City>
        <State>IL</State>
        <ZIPCode>60620</ZIPCode>
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    <Officer>
      <Name>RODNEY BROWN</Name>
      <Title>TREASURER</Title>
      <DateSigned>2012-11-10</DateSigned>
      <AuthorizeThirdParty>false</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Rodney Brown</Name>
      <Phone>7089330231</Phone>
      <DatePrepared>2012-11-10</DatePrepared>
      <SelfEmployed>X</SelfEmployed>
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    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
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      <WebSite>N/A</WebSite>
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      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>19063</ContributionsGiftsGrantsEtc>
      <InvestmentIncome>246</InvestmentIncome>
      <FundraisingGrossIncome referenceDocumentId="990G">37271</FundraisingGrossIncome>
      <SpecialEventsDirectExpenses>25031</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>12240</SpecialEventsNetIncomeLoss>
      <TotalRevenue>31549</TotalRevenue>
      <GrantsAndSimilarAmountsPaid>22657</GrantsAndSimilarAmountsPaid>
      <OccupancyRentUtilitiesAndMaint>1000</OccupancyRentUtilitiesAndMaint>
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      <TotalExpenses>27741</TotalExpenses>
      <ExcessOrDeficitForYear>3808</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>179374</NetAssetsOrFundBalancesBOY>
      <OtherChangesInNetAssets>-304</OtherChangesInNetAssets>
      <NetAssetsOrFundBalancesEOY>182878</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>161707</BOY>
        <EOY>166211</EOY>
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        <EOY>16667</EOY>
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        <EOY>182878</EOY>
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      <InfoInScheduleOPartIII>X</InfoInScheduleOPartIII>
      <PrimaryExemptPurpose>PROVIDE UNDERPRIVILGED HIGH SCHOOL AND COLLEG CHILDREN WITH EDUCATIONAL OPPORTUNITIES THAT GO BEYOND PUBLIC EDUCATIONS TRADITIONAL PARAMETERS</PrimaryExemptPurpose>
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        <ProgramServiceExpenses>13400</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>PROVIDED 5 UNDERPRIVILEGED HIGH SCHOOL STUDENTS WITH SCHOLARSHIPS OF $500 YO $1,000 EACH TOWARD HIGH SCHOOL FEES</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>2000</ProgramServiceExpenses>
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      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>ALPHA LEADERSHIP INSTITUTE TOOK 32 HIGH SCHOOL STUDENTS TO COLLEGE CAMPUSES SO THAT THE STUDENTS COULD EXPERIENCE COLLEGE LIFE</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>6387</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>PROVIDED ACADEMIC EXCELLENCE AWARDS TO ELEMENTARY GRADE STUDENTS</DescriptionProgramServiceAccom>
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        <PersonName>VICTOR SIMPKINS</PersonName>
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          <AddressLine1>9033 SOUTH CONSTANCE</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60617</ZIPCode>
        </AddressUS>
        <Title>PRESIDENT</Title>
        <AvgHoursPerWkDevotedToPosition>000.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>CONWAY NEWTON</PersonName>
        <AddressUS>
          <AddressLine1>2309 WEST 79TH PLACE</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60620</ZIPCode>
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        <Title>SECRETARY</Title>
        <AvgHoursPerWkDevotedToPosition>000.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>RODNEY BROWN</PersonName>
        <AddressUS>
          <AddressLine1>495 BURNHAM AVENUE</AddressLine1>
          <City>CALUMET CITY</City>
          <State>IL</State>
          <ZIPCode>60409</ZIPCode>
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        <Title>TREASURER</Title>
        <AvgHoursPerWkDevotedToPosition>000.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>RUSSELL AUSTIN</PersonName>
        <AddressUS>
          <AddressLine1>2411 ST ANDREWS DRIVE</AddressLine1>
          <City>OLYMPIA FIELDS</City>
          <State>IL</State>
          <ZIPCode>60461</ZIPCode>
        </AddressUS>
        <Title>VICE PRESIDENT</Title>
        <AvgHoursPerWkDevotedToPosition>000.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>GILBERT BATTS</PersonName>
        <AddressUS>
          <AddressLine1>8220 SOUTH LANGLEY</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60619</ZIPCode>
        </AddressUS>
        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>000.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>JOHN CLARK</PersonName>
        <AddressUS>
          <AddressLine1>4800 CHICAGO BEACH DRIVE</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60615</ZIPCode>
        </AddressUS>
        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>000.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>MALCOLM LEE</PersonName>
        <AddressUS>
          <AddressLine1>7947 S SOUTH CHICAGO AVENUE</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60617</ZIPCode>
        </AddressUS>
        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>000.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>TERRY CALHOUN</PersonName>
        <AddressUS>
          <AddressLine1>1245 HEATHER HILL CRESCENT</AddressLine1>
          <City>FLOSSMOOR</City>
          <State>IL</State>
          <ZIPCode>60422</ZIPCode>
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        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>000.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>BERTRAND ELLIS</PersonName>
        <AddressUS>
          <AddressLine1>11 PEMBROOK CT</AddressLine1>
          <City>FLOSSMOOR</City>
          <State>IL</State>
          <ZIPCode>60422</ZIPCode>
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        <Title>BOARD MEMBER</Title>
        <AvgHoursPerWkDevotedToPosition>000.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
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      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>false</OrganizationHadUBI>
      <OrganizationFiled990T>false</OrganizationFiled990T>
      <SubjectToProxyTax>false</SubjectToProxyTax>
      <OrganizationDissolvedEtc>false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <TaxImposedUnderIRC4911>0</TaxImposedUnderIRC4911>
      <TaxImposedUnderIRC4912>0</TaxImposedUnderIRC4912>
      <TaxImposedUnderIRC4955>0</TaxImposedUnderIRC4955>
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      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <StatesWhereCopyOfReturnIsFiled>IL</StatesWhereCopyOfReturnIsFiled>
      <TheBooksAreInCareOf>
        <NamePerson>RODNEY BROWN</NamePerson>
        <AddressUS>
          <AddressLine1>495 BURNHAM AVENUE</AddressLine1>
          <City>CALUMET CITY</City>
          <State>IL</State>
          <ZIPCode>60409</ZIPCode>
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        <TelephoneNumber>7083351956</TelephoneNumber>
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      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <Form720Filed>false</Form720Filed>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <RelatedOrgSection527Org>false</RelatedOrgSection527Org>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
      <FiledScheduleA>true</FiledScheduleA>
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      <GiftsGrantsContribReceived170>
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        <CurrentTaxYearMinus3Years>4310</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>17248</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>16837</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>19063</CurrentTaxYear>
        <Total>77958</Total>
      </GiftsGrantsContribReceived170>
      <Total170>
        <CurrentTaxYearMinus4Years>20500</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>4310</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>17248</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>16837</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>19063</CurrentTaxYear>
        <Total>77958</Total>
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      <PublicSupportTotal170>77958</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <CurrentTaxYearMinus4Years>4510</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>4251</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>671</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>247</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>246</CurrentTaxYear>
        <Total>9925</Total>
      </GrossInvestmentIncome170>
      <OtherIncome170>
        <CurrentTaxYearMinus4Years>8924</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>17441</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>7956</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>11638</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>12240</CurrentTaxYear>
        <Total>58199</Total>
      </OtherIncome170>
      <TotalSupport>146082</TotalSupport>
      <GrossReceiptsFromAdmissionsEtc>77958</GrossReceiptsFromAdmissionsEtc>
      <PublicSupportPertcentage170>0.53370</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.53550</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
      <PublicSupportPercentage509>0.00000</PublicSupportPercentage509>
      <InvestmentIncomePercentage>0.00000</InvestmentIncomePercentage>
      <FactsAndCircumstancesTest>Part II Line 10 NET INCOME FROM FUNDRAISING ACTIVITIES 12,240</FactsAndCircumstancesTest>
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      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
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        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
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        <AggregateContributions>RESTRICTED</AggregateContributions>
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      <AgreementRefFundraising>false</AgreementRefFundraising>
      <EventsInformation>
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        <GrossRevenueEvent1>27690</GrossRevenueEvent1>
        <CashPrizesEvent1>850</CashPrizesEvent1>
        <RentFacilityCostsEvent1>12880</RentFacilityCostsEvent1>
        <EntertainmentEvent1>4500</EntertainmentEvent1>
        <OtherDirectExpensesEvent1>2480</OtherDirectExpensesEvent1>
        <NameOfEvent2>GOLF OUTING</NameOfEvent2>
        <GrossReceiptsEvent2>9581</GrossReceiptsEvent2>
        <GrossRevenueEvent2>9581</GrossRevenueEvent2>
        <RentFacilityCostsEvent2>2585</RentFacilityCostsEvent2>
        <FoodAndBeverageEvent2>1736</FoodAndBeverageEvent2>
        <GrossReceiptsTotal>37271</GrossReceiptsTotal>
        <GrossRevenueTotalEvents>37271</GrossRevenueTotalEvents>
        <CashPrizesTotalEvents>850</CashPrizesTotalEvents>
        <RentFacilityCostsTotalEvents>15465</RentFacilityCostsTotalEvents>
        <FoodAndBeverageTotalEvents>1736</FoodAndBeverageTotalEvents>
        <EntertainmentTotalEvents>4500</EntertainmentTotalEvents>
        <OtherDirectExpensesTotalEvents>2480</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>25031</DirectExpenseSummaryEvents>
        <NetIncomeSummary>12240</NetIncomeSummary>
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      <GeneralExplanation>
        <Identifier>Form 990-EZ Part III</Identifier>
        <ReturnReference>28-31</ReturnReference>
        <Explanation>VARIOUS ACCOMPLISHMENTS, SEE PAGE 2 PART III</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 10, Grants Paid Activity SCHOLARSHIPS, Grantee VARIOUS STUDENTS VARIOUS VARIOUS IL 60637, Cash Grant 22,657, Relationship Form 990-EZ, Part I, Line 16, Other Expenses Telephone 1,609 Form 990-EZ, Part I, Line 16, Other Expenses BANK FEES 35 Form 990-EZ, Part I, Line 16, Other Expenses OFFICE SUPPLIES 139 Form 990-EZ, Part I, Line 16, Other Expenses WEB SITE MAINTENANCE 596 Form 990-EZ, Part I, Line 16, Other Expenses AWARDEE LUNCHEON 450 Form 990-EZ, Part I, Line 16, Other Expenses INSURANCE AND BONDING 260 Form 990-EZ, Part I, Line 16, Other Expenses LICENSE TAXES 30 Form 990-EZ, Part I, Line 16, Other Expenses PROMOTIONS PUBLIC RELATIONS 965 Form 990-EZ, Part I, Line 20, Net Assets UNREALIZED LOSS ON INVESTMENTS -304 Form 990-EZ, Part II, Line 24, Other Assets SECURITY DEPOSIT Beginning of year 500, End of year 500 Form 990-EZ, Part II, Line 24, Other Assets PREPAID EXPENSE Beginning of year 17,167, End of year 16,167 Form 990-EZ, Part III, Line 31 PROVIDED ACADEMIC EXCELLENCE AWARDS TO ELEMENTARY GRADE STUDENTS Grants and allocations 0, Program service expenses 870 Form 990-EZ Part III Line 28-31 VARIOUS ACCOMPLISHMENTS, SEE PAGE 2 PART III</Explanation>
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