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    <Timestamp>2011-01-31T21:48:33-08:00</Timestamp>
    <TaxPeriodEndDate>2010-09-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>FRYE &amp; WOLCOTT CPAS</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>9161 LIBERIA AVE SUITE 304</AddressLine1>
        <City>MANASSAS</City>
        <State>VA</State>
        <ZIPCode>20110</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2009-10-01</TaxPeriodBeginDate>
    <Filer>
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      <Name>
        <BusinessNameLine1>USEA ENDOWMENT TRUST</BusinessNameLine1>
      </Name>
      <NameControl>USEA</NameControl>
      <Phone>7037790440</Phone>
      <USAddress>
        <AddressLine1>525 OLD WATERFORD ROAD NW</AddressLine1>
        <City>LEESBURG</City>
        <State>VA</State>
        <ZIPCode>20176</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>LOUISA PIERSON</Name>
      <Title>Chairman</Title>
      <DateSigned>2011-02-01</DateSigned>
    </Officer>
    <Preparer>
      <Name>FRYE WOLCOTT CPAs</Name>
      <Phone>7032570660</Phone>
    </Preparer>
    <TaxYear>2009</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
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      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <WebSite>WWW.USEVENTING.COM</WebSite>
      <Organization501c referenceDocumentId=" IRS990ScheduleA" typeOf501cOrganization="3">X</Organization501c>
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      <ContributionsGiftsGrantsEtc>57360</ContributionsGiftsGrantsEtc>
      <InvestmentIncome>17986</InvestmentIncome>
      <GrossAmountFromSaleOfAssets>202937</GrossAmountFromSaleOfAssets>
      <CostOtherBasisAndSalesExpenses>201246</CostOtherBasisAndSalesExpenses>
      <GainOrLossFromSaleOfAssets>1691</GainOrLossFromSaleOfAssets>
      <SpecialEventsGrossRevenue>0</SpecialEventsGrossRevenue>
      <SpecialEventsDirectExpenses>0</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>0</SpecialEventsNetIncomeLoss>
      <CostOfGoodsSold>0</CostOfGoodsSold>
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      <GrantsAndSimilarAmountsPaid referenceDocumentId=" GrantsAndSimilarAmountsPaidSch">50585</GrantsAndSimilarAmountsPaid>
      <FeesAndOthPymtToIndContractors>5000</FeesAndOthPymtToIndContractors>
      <PrintingPublicationsPostage>5343</PrintingPublicationsPostage>
      <OtherExpensesTotal referenceDocumentId=" OtherExpensesSchedule2">2044</OtherExpensesTotal>
      <TotalExpenses>62972</TotalExpenses>
      <ExcessOrDeficitForYear>14065</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>664513</NetAssetsOrFundBalancesBOY>
      <OtherChangesInNetAssets referenceDocumentId=" OtherChangesInNetAssetsSchedul">8230</OtherChangesInNetAssets>
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      <CashSavingsAndInvestments>
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        <EOY>684629</EOY>
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        <EOY>3379</EOY>
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      <PrimaryExemptPurpose>TO CARRY OUT THE CHARITABLE PURPOSES AND SUPPORT EDUCATIONAL ACTIVITIES OF THE UNITED STATED EVENTING ASSOCIATION (USEA).</PrimaryExemptPurpose>
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        <PersonName>JOHN SHEETS</PersonName>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>LORIS HENRY</PersonName>
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      <OfficerDirectorTrusteeKeyEmpl>
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      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
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      <GrossReceiptsForPublicUse>0</GrossReceiptsForPublicUse>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
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      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <RelatedOrgSection527Org>false</RelatedOrgSection527Org>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
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