﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2010v3.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-05-03T12:53:02-00:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Foundation Source</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>55 Walls Drive</AddressLine1>
        <City>Fairfield</City>
        <State>CT</State>
        <ZIPCode>06824</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>383339852</EIN>
      <Name>
        <BusinessNameLine1>Gary W Dietrich Family Foundation</BusinessNameLine1>
      </Name>
      <NameControl>GARY</NameControl>
      <Phone>8008391754</Phone>
      <USAddress>
        <AddressLine1>c/o Foundation Source 501 Silversid</AddressLine1>
        <City>Wilmington</City>
        <State>DE</State>
        <ZIPCode>198091377</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Gary W Dietrich</Name>
      <Title>President</Title>
      <DateSigned>2011-04-08</DateSigned>
      <AuthorizeThirdParty>false</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Jeffrey D Haskell</Name>
      <Phone>8008391754</Phone>
      <DatePrepared>2011-04-08</DatePrepared>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990PF referenceDocumentId="990PF:150" documentId="990PF" softwareId="10000149" softwareVersion="2010.2.13">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>1145639</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <InterestOnSavingsRevAndExpnss>12</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>12</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>16734</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>16734</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss referenceDocumentId="990PF:72">51290</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>491499</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>51290</CapitalGainNetIncmNetInvstIncm>
        <OtherIncomeRevAndExpnss referenceDocumentId="990PF:74">975</OtherIncomeRevAndExpnss>
        <TotalRevenueAndExpenses>69011</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>68036</TotalNetInvestmentIncome>
        <OtherProfFeesRevAndExpnss referenceDocumentId="990PF:77">8451</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>8451</OtherProfFeesNetInvstIncm>
        <OtherExpensesRevAndExpnss referenceDocumentId="990PF:79">8856</OtherExpensesRevAndExpnss>
        <OtherExpensesDsbrsChrtblPrps>8856</OtherExpensesDsbrsChrtblPrps>
        <TotOprExpensesRevAndExpnss>17307</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>8451</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>8856</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>45000</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>45000</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>62307</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>8451</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>53856</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>6704</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>59585</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>55395</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>110762</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>110762</SavingsAndTempCashInvstEOYFMV>
        <InvestmentsCorpStockBOY>933293</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="990PF:89">854630</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>1004638</InvestmentsCorpStockEOYFMV>
        <InvestmentsCorpBondsEOY referenceDocumentId="990PF:90">30000</InvestmentsCorpBondsEOY>
        <InvestmentsCorpBondsEOYFMV>30239</InvestmentsCorpBondsEOYFMV>
        <TotalAssetsBOY>988688</TotalAssetsBOY>
        <TotalAssetsEOY>995392</TotalAssetsEOY>
        <TotalAssetsEOYFMV>1145639</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>988688</RetainedEarningsBOY>
        <RetainedEarningsEOY>995392</RetainedEarningsEOY>
        <TotalNetAssetsBOY>988688</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>995392</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>988688</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>995392</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>988688</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>6704</ExcessOfRevenueOverExpenses>
        <Subtotal>995392</Subtotal>
        <TotalNetAssetsFundBalancesEOY>995392</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Publicly-traded Securities</DescriptionOfAsset>
          <GrossSalesPrice>491499</GrossSalesPrice>
          <CostOrOtherBasis>440209</CostOrOtherBasis>
          <GainOrLoss>51290</GainOrLoss>
          <GainsMinusExcessOrLosses>51290</GainsMinusExcessOrLosses>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>51290</CapitalGainNetIncome>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>54425</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>976129</NoncharitableAssetsYear1>
        <DistributionRatioYear1>000.055756</DistributionRatioYear1>
        <QualifyingDistributionsYear2>74517</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>1187342</NoncharitableAssetsYear2>
        <DistributionRatioYear2>000.062760</DistributionRatioYear2>
        <QualifyingDistributionsYear3>77126</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>1429325</NoncharitableAssetsYear3>
        <DistributionRatioYear3>000.053960</DistributionRatioYear3>
        <QualifyingDistributionsYear4>74483</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>1359221</NoncharitableAssetsYear4>
        <DistributionRatioYear4>000.054798</DistributionRatioYear4>
        <QualifyingDistributionsYear5>71281</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>1287268</NoncharitableAssetsYear5>
        <DistributionRatioYear5>000.055374</DistributionRatioYear5>
        <TotalDistributionRatio>000.282648</TotalDistributionRatio>
        <AverageDistributionRatio>000.056530</AverageDistributionRatio>
        <NetNoncharitableAssets>1058916</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>59861</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>596</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>60457</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>53856</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>1192</InvestmentIncomeExciseTax>
        <Subtotal>1192</Subtotal>
        <TaxBasedOnInvestmentIncome>1192</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>200</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>200</TotalCreditsAndPayments>
        <TaxPaidOriginalReturn>200</TaxPaidOriginalReturn>
        <Form2220Attached referenceDocumentId="2220">X</Form2220Attached>
        <TaxDue>992</TaxDue>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>co Foundation Source</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>8008391754</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>501 Silverside Road Suite 123</AddressLine1>
          <City>Wilmington</City>
          <State>DE</State>
          <ZIPCode>198091377</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
        <ProceedsOrNetIncome>true</ProceedsOrNetIncome>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Carolyn Dietrich</PersonName>
          <USAddress>
            <AddressLine1>c/o Foundation Source 501 Silversid</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>Secretary</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Gary W Dietrich</PersonName>
          <USAddress>
            <AddressLine1>c/o Foundation Source 501 Silversid</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>President / Director / Treasurer</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>Bridget McCarthy</PersonName>
          <USAddress>
            <AddressLine1>c/o Foundation Source 501 Silversid</AddressLine1>
            <City>Wilmington</City>
            <State>DE</State>
            <ZIPCode>19809</ZIPCode>
          </USAddress>
          <Title>Assistant Secretary</Title>
          <AvgHoursPerWkDevotedToPosition>001.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>1041980</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>33062</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>1075042</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>1075042</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable referenceDocumentId="990PF:240">16126</CashDeemedCharitable>
        <NetNoncharitableAssets>1058916</NetNoncharitableAssets>
        <MinimumInvestmentReturn>52946</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>52946</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>1192</TaxBasedOnInvestmentIncome>
        <TotalTax>1192</TotalTax>
        <DistributableAmountBeforeAdj>51754</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>51754</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>51754</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions referenceDocumentId="990PF:241">53856</ExpensesAndContributions>
        <QualifyingDistributions>53856</QualifyingDistributions>
        <AdjQualifyingDistributions>53856</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>51754</DistributableAmountAsAdjusted>
        <ExcessDistriCarryoverYear5>2999</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>11597</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>7614</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>16488</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>5931</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>44629</TotalExcessDistriCarryover>
        <QualifyingDistributions>53856</QualifyingDistributions>
        <AppliedToCurrentYear>51754</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>2102</RemainingDistriFromCorpus>
        <TotalCorpus>46731</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovFromYear5>2999</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>43732</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>11597</ExcessFromYear4>
        <ExcessFromYear3>7614</ExcessFromYear3>
        <ExcessFromYear2>16488</ExcessFromYear2>
        <ExcessFromYear1>5931</ExcessFromYear1>
        <ExcessFromCurrentYear>2102</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>Gary W Dietrich</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AVIAN CONSERVATION CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 1247</AddressLine1>
            <City>CHARLESTON</City>
            <State>SC</State>
            <ZIPCode>29402</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>On-Site Educational Interpretive Displays Project</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BOONE AND CROCKETT CLUB FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>250 STA DR</AddressLine1>
            <City>MISSOULA</City>
            <State>MT</State>
            <ZIPCode>59801</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BOY SCOUTS OF AMERICA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>715 BETSY DR</AddressLine1>
            <City>COLUMBIA</City>
            <State>SC</State>
            <ZIPCode>29210</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Scoutreach for the Edisto District Project</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CAMERON VOLUNTEER FIRE DEPARTMENT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>102 COURTHOUSE DR STE 108</AddressLine1>
            <City>SAINT MATTHEWS</City>
            <State>SC</State>
            <ZIPCode>29135</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CONGAREE LAND TRUST</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 5232</AddressLine1>
            <City>COLUMBIA</City>
            <State>SC</State>
            <ZIPCode>29250</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Service Area Outreach Project</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ELLOREE HERITAGE MUSEUM CULTURAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 54</AddressLine1>
            <City>ELLOREE</City>
            <State>SC</State>
            <ZIPCode>29047</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Elloree Heritage Museum Cultural Centers Facade</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HILLSDALE COLLEGE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>33 E COLLEGE ST</AddressLine1>
            <City>HILLSDALE</City>
            <State>MI</State>
            <ZIPCode>49242</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LOWCOUNTRY OPEN LAND TRUST INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>80 ALEXANDER ST</AddressLine1>
            <City>CHARLESTON</City>
            <State>SC</State>
            <ZIPCode>29403</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Establishing Wildlife Corridors Project</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MAYO FDN FOR MEDICAL EDU RESEARC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>200 1ST ST SW</AddressLine1>
            <City>ROCHESTER</City>
            <State>MN</State>
            <ZIPCode>55905</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(2)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Research at MCF</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MONTANA FISH WILDLIFE AND PARKS FDN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1420 E 6TH AVE</AddressLine1>
            <City>HELENA</City>
            <State>MT</State>
            <ZIPCode>59601</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MONTANA FISH WILDLIFE AND PARKS FDN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1420 E 6TH AVE</AddressLine1>
            <City>HELENA</City>
            <State>MT</State>
            <ZIPCode>59601</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Montana Outdoor Discovery Center</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MONTANA LAND RELIANCE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 355</AddressLine1>
            <City>HELENA</City>
            <State>MT</State>
            <ZIPCode>59624</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>History in the Making Project</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SOUTH CAROLINA WATERFOWL ASSOCIATIO</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>9833 OLD RIVER RD</AddressLine1>
            <City>PINEWOOD</City>
            <State>SC</State>
            <ZIPCode>29125</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(2)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SWAN VALLEY EMERGENCY SERVICES INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 1196</AddressLine1>
            <City>CONDON</City>
            <State>MT</State>
            <ZIPCode>59826</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>Swan Valley Emergency Services Fire Equipment</PurposeOfGrantOrContribution>
          <Amount>2000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WEST MICHIGAN HOCKEY YOUTH FOUNDATI</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>130 W FULTON ST</AddressLine1>
            <City>GRAND RAPIDS</City>
            <State>MI</State>
            <ZIPCode>49503</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>N/A</RecipientRelationship>
          <RecipientFoundationStatus>509(a)(1)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>General Unrestricted</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>45000</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>12</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>16734</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>51290</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <OtherRevenueDescribed>
          <Description>Federal Tax Refund</Description>
          <ExclusionCode>01</ExclusionCode>
          <ExclusionAmount>975</ExclusionAmount>
        </OtherRevenueDescribed>
        <SubtotalsPartXVIA>
          <ExclusionAmount>69011</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>69011</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>
    <GeneralExplanationAttachment documentId="990PF:150" softwareId="10000149" softwareVersion="2010.2.13"></GeneralExplanationAttachment>
    <InvestmentsCorpBondsSchedule documentId="990PF:90" softwareId="10000149" softwareVersion="2010.2.13">
      <InvestmentsCorpBonds>
        <NameOfBond>BARCLAYS BK PLC BUFF RTN LKD - 0.000 - 01/11/2012 06740PYM2 1500000.00%</NameOfBond>
        <EOYBookValue>15000</EOYBookValue>
        <EOYFMV>14871</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>BARCLAYS BK PLC BUFF RTN LKD-0.00-12/07/2011 06740PN44 1500000.00%</NameOfBond>
        <EOYBookValue>15000</EOYBookValue>
        <EOYFMV>15368</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="990PF:89" softwareId="10000149" softwareVersion="2010.2.13">
      <InvestmentsCorpStock>
        <NameOfStock>1614 shares of ARTIO INTERNATIONAL II - I JETIX</NameOfStock>
        <EOYBookValue>15195</EOYBookValue>
        <EOYFMV>20107</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>390 shares of DODGE COX FUNDS INTERNATIONAL STOCK FUND DODFX</NameOfStock>
        <EOYBookValue>12995</EOYBookValue>
        <EOYFMV>13910</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>507 shares of DREYFUS PREMIER EMERGING MARKETS DEBT LOCAL CURREN DDBIX</NameOfStock>
        <EOYBookValue>7500</EOYBookValue>
        <EOYFMV>7328</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>3974 shares of EATON VANCE FLOATING RATE FUND INSTI SHARE EIBLX</NameOfStock>
        <EOYBookValue>35000</EOYBookValue>
        <EOYFMV>35611</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>1975 shares of EATON VANCE GLOBAL MACRO FD CL I EIGMX</NameOfStock>
        <EOYBookValue>20500</EOYBookValue>
        <EOYFMV>20283</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>817 shares of HERITAGE SERIES TRUST MID CAP STOCK FUND CLASS I HMCJX</NameOfStock>
        <EOYBookValue>14851</EOYBookValue>
        <EOYFMV>22906</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>806 shares of HIGHBRIDGE DYNAMIC COMMOD STRATEGY FUND - SEL HDCSX</NameOfStock>
        <EOYBookValue>15000</EOYBookValue>
        <EOYFMV>15604</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>244 shares of IPATH ETN CRUDE OIL OIL</NameOfStock>
        <EOYBookValue>3948</EOYBookValue>
        <EOYFMV>6249</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>335 shares of ISHARES BARCLAYS TIPS BOND FUND TIP</NameOfStock>
        <EOYBookValue>33264</EOYBookValue>
        <EOYFMV>36019</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>138 shares of ISHARES RUSSELL 2000 IWM</NameOfStock>
        <EOYBookValue>7601</EOYBookValue>
        <EOYFMV>10797</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>220 shares of ISHARES TR S P MIDCAP 400 INDEX FD IJH</NameOfStock>
        <EOYBookValue>15321</EOYBookValue>
        <EOYFMV>19952</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>171 shares of ISHARES TRUST- ISHARES MSCI ALL CTRY ASIA EX JAPAN AAXJ</NameOfStock>
        <EOYBookValue>6240</EOYBookValue>
        <EOYFMV>10893</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>2125 shares of JP MORGAN EXPANSION INDEX SELECT FUND PGMIX</NameOfStock>
        <EOYBookValue>14407</EOYBookValue>
        <EOYFMV>22864</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>23924 shares of JP MORGAN SHORT DURATION BOND SELECT FUND HLLVX</NameOfStock>
        <EOYBookValue>257586</EOYBookValue>
        <EOYFMV>262449</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>3528 shares of JP MORGAN STRATEGIC INCOME OPPORTUNIEIS FD SELECT JSOSX</NameOfStock>
        <EOYBookValue>38626</EOYBookValue>
        <EOYFMV>41732</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>1496 shares of JP MORGAN US REAL ESTATE FD SELECT SHS SUIEX</NameOfStock>
        <EOYBookValue>22500</EOYBookValue>
        <EOYFMV>23309</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>7355 shares of JPMORGAN HIGH YIELD BOND FUND SELECT OHYFX</NameOfStock>
        <EOYBookValue>52691</EOYBookValue>
        <EOYFMV>59942</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>1138 shares of JPMORGAN INTREPID AMERICA FUND JPIAX</NameOfStock>
        <EOYBookValue>21351</EOYBookValue>
        <EOYFMV>26088</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>1482 shares of JPMORGAN TR I ASIA EQT SEL JPASX</NameOfStock>
        <EOYBookValue>37185</EOYBookValue>
        <EOYFMV>56137</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>1561 shares of JPMORGN INTERNATIONAL CURRENCY JCISX</NameOfStock>
        <EOYBookValue>17500</EOYBookValue>
        <EOYFMV>17562</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>1297 shares of MANNING NAPIER FD, INC. EQUITY SRS EXEYX</NameOfStock>
        <EOYBookValue>25000</EOYBookValue>
        <EOYFMV>25000</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>3007 shares of MANNING NAPIER FD, INC.WORLD OPPORTUNITIES SRS C EXWAX</NameOfStock>
        <EOYBookValue>16581</EOYBookValue>
        <EOYFMV>25887</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>1166 shares of MATTHEWS PACIFIC TIGER FUND MAPTX</NameOfStock>
        <EOYBookValue>13890</EOYBookValue>
        <EOYFMV>27320</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>1844 shares of NUVEEN TRADEWINDS VALUE OPPORTUNITIES FUND CL R NVORX</NameOfStock>
        <EOYBookValue>37051</EOYBookValue>
        <EOYFMV>64854</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>182 shares of SPDR SP 500 ETF TRUST SPY</NameOfStock>
        <EOYBookValue>22865</EOYBookValue>
        <EOYFMV>22887</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>151 shares of STREETTRACKS GOLD SHARES GLD</NameOfStock>
        <EOYBookValue>13120</EOYBookValue>
        <EOYFMV>20947</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>1529 shares of T. ROWE PRICE NEW ASIA FUND PRASX</NameOfStock>
        <EOYBookValue>19823</EOYBookValue>
        <EOYFMV>29331</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>1914 shares of THE ARBITRAGE FUND CLASS I ARBNX</NameOfStock>
        <EOYBookValue>25000</EOYBookValue>
        <EOYFMV>24483</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>710 shares of VANGUARD EMERGING MARKETS STOCK INDEX VIPERS VWO</NameOfStock>
        <EOYBookValue>32039</EOYBookValue>
        <EOYFMV>34187</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="990PF:79" softwareId="10000149" softwareVersion="2010.2.13">
      <OtherExpenses>
        <Description>Administrative Fees</Description>
        <RevenueAndExpensesPerBooks>8856</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>8856</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="990PF:74" softwareId="10000149" softwareVersion="2010.2.13">
      <OtherIncome>
        <Description>Federal Tax Refund</Description>
        <RevenueAndExpensesPerBooks>975</RevenueAndExpensesPerBooks>
      </OtherIncome>
    </OtherIncomeSchedule2>
    <OtherProfessionalFeesSchedule documentId="990PF:77" softwareId="10000149" softwareVersion="2010.2.13">
      <OtherProfessionalFees>
        <Category>Investment Management Services</Category>
        <Amount>8451</Amount>
        <NetInvestmentIncome>8451</NetInvestmentIncome>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
  </ReturnData>
</Return>