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        <TaxDue>2594</TaxDue>
        <AmountCreditedToNextYear>0</AmountCreditedToNextYear>
      </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>
        <StatesFiledWith>NC</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>A STUART MCKAIG III</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>7043650390</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>219 GREENWICH ROAD</AddressLine1>
          <City>CHARLOTTE</City>
          <State>NC</State>
          <ZIPCode>28211</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>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>A STUART MCKAIG III</PersonName>
          <USAddress>
            <AddressLine1>219 GREENWICH ROAD</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28211</ZIPCode>
          </USAddress>
          <Title>Director</Title>
          <AvgHoursPerWkDevotedToPosition>0.25</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>BARRIE L WIGGINS</PersonName>
          <USAddress>
            <AddressLine1>6417 SETON HOUSE LANE</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28277</ZIPCode>
          </USAddress>
          <Title>Director</Title>
          <AvgHoursPerWkDevotedToPosition>0.15</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JOHN CRAWFORD</PersonName>
          <USAddress>
            <AddressLine1>6049 SIERRA DRIVE</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28216</ZIPCode>
          </USAddress>
          <Title>Director</Title>
          <AvgHoursPerWkDevotedToPosition>0.25</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>WILLIAM L MAXWELL</PersonName>
          <USAddress>
            <AddressLine1>736 HEMPSTEAD PLACE</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28207</ZIPCode>
          </USAddress>
          <Title>Director</Title>
          <AvgHoursPerWkDevotedToPosition>0.15</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>6949609</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>229458</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>7179067</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>7179067</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>107686</CashDeemedCharitable>
        <NetNoncharitableAssets>7071381</NetNoncharitableAssets>
        <MinimumInvestmentReturn>353569</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>353569</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>7033</TaxBasedOnInvestmentIncome>
        <TotalTax>7033</TotalTax>
        <DistributableAmountBeforeAdj>346536</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>346536</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>346536</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>840000</ExpensesAndContributions>
        <QualifyingDistributions>840000</QualifyingDistributions>
        <AdjQualifyingDistributions>840000</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>346536</DistributableAmountAsAdjusted>
        <PriorYear1>2008</PriorYear1>
        <PriorYear2>2007</PriorYear2>
        <PriorYear3>2006</PriorYear3>
        <ExcessDistriCarryoverYear5>169000</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>171467</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>273681</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>405400</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>359330</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>1378878</TotalExcessDistriCarryover>
        <QualifyingDistributions>840000</QualifyingDistributions>
        <RemainingDistriFromCorpus>840000</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>346536</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>346536</ExcessDistriCyovAppliedCY>
        <TotalCorpus>1872342</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovToNextYear>1872342</ExcessDistriCyovToNextYear>
        <ExcessFromYear3>267612</ExcessFromYear3>
        <ExcessFromYear2>405400</ExcessFromYear2>
        <ExcessFromYear1>359330</ExcessFromYear1>
        <ExcessFromCurrentYear>840000</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>NONE</ContributingManager>
        <ShareholderManager>NONE</ShareholderManager>
        <AppicationSubmissionInfo>
          <RecipientName>A STUART MCKAIG III</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>219 GREENWICH ROAD</AddressLine1>
            <City>CHARLOTTE NC</City>
            <State>NC</State>
            <ZIPCode>28211</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>7043650390</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>REQUESTS FOR DONATIONS SHOULD BE SUBMITTED TO THE BOARD OF DIRECTORS AND</FormAndInfoAndMaterials>
          <SubmissionDeadlines>NONE</SubmissionDeadlines>
          <RestrictionsOnAwards>DONEE MUST BE A IRC SECTION 501(C)(3) ORGANIZATION.</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <AppicationSubmissionInfo>
          <RecipientName>A STUART MCKAIG III</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>219 GREENWICH ROAD</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28210</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>7043650390</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>INCLUDE PROOF OF EXEMPT STATUS UNDER IRC SECTION 501(C)(3).</FormAndInfoAndMaterials>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN HEART ASSN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>222 S CHURCH STREET</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28202</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ARTHRITIS ASSN CAROLINAS CHAPTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4530 PARK ROAD</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28209</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>KIDNEY FOUNDATION OF CHARLOTTE NC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5950 FAIRVIEW ROAD</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28210</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SHEPHERD'S CENTER OF CHARLOTTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 6052</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28207</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>40000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FRIENDSHIP TRAYS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2401-A DISTRIBUTION STREET</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28203</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ALDERSGATE UNITED METH RETIREMENT COMM INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3800 SHAMROCK DRIVE</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28215</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN CANCER SOCIETY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>6000 FAIRVIEW ROAD</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28210</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FAMILY PROMISE OF CHARLOTTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2810 PROVIDENCE ROAD</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28211</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BETHLEHEM CENTER OF CHARLOTTE NC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2705 BALTIMORE AVENUE</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28203</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SPEEDWAY CHILDREN'S CHARITIES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 18747</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28218</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SUSAN B KOMEN BREAST CANCER FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 601597</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28260</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SPECIAL OLYMPICS OF NORTH CAROLINA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>2400 PARK ROAD SUITE B</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28203</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THE UPTOWN SHELTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 36471</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28236</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ALZHEIMERS ASSN-SOUTHERN PIEDMONT CHTR</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3800 SHAMROCK DRIVE</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28215</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SALVATION ARMY BOYS &amp; GIRLS CLUB AT CENTER OF HOPE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 31128</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28231</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CAMP BOOMERANG OF SISKEY FAMILY YMCA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3127 WEDDINGTON ROAD</AddressLine1>
            <City>MATTHEWS</City>
            <State>NC</State>
            <ZIPCode>28105</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHARLOTTE RESCUE MISSION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 33000</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28233</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UNITED FAMILY SERVICES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>601 E FIFTH STREET</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28207</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>RESIDENTIAL SUPPORT SERVICES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4425 RANDOLPH RD SUITE 400</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28211</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>40000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SALVATION ARMY BOYS &amp; GIRLS CLUB</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 31128</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28231</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>40000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>YMCA COMMUNITY OUTREACH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>500 E MOREHEAD STREET SUITE 300</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28202</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JACOB'S LADDER JOB CENTER</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 9215</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28299</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>JIMMY V FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1134 NICHOLS COURT</AddressLine1>
            <City>MILLERSVILE</City>
            <State>MD</State>
            <ZIPCode>21108</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>URBAN MINISTRY-ROOM IN THE INN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>945 N COLLEGE STREET</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28206</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>THOMPSON CHILD &amp; FAMILY FOCUS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>6800 ST PETERS LANE</AddressLine1>
            <City>MATTHEWS</City>
            <State>NC</State>
            <ZIPCode>28105</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ALEXANDER YOUTH NETWORK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>6220 THERMAL ROAD</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28211</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN DIABETES ASSN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>222 S CHURCH STREET SUITE 336M</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28202</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID301(c)(3)</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CHARLOTTE HOUSING AUTHORITY SCHOLARSHIP FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>306 BENJAMIN STREET</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28203</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAIDPAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COMMUNITIES IN SCHOOLS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>601 E 5TH STREET SUITE 300</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28202</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>EASTER SEALS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5700 EXECUTIVE CENTER DRIVE SUITE 1</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28212</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>HOSPICE &amp; PALLITIVE CARE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1420 E 7TH STREET</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28204</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LEUKEMIA &amp; LYMPHOMA SOCIETY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5950 FAIRVIEW RD 250</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28210</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LIFESPAN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>200 CLANTON ROAD</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28217</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LIZ MURRAY SCHOLARSHIP FUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>132 N MCDOWELL STREET</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28202</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UMAR</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>9900 KINCEY AVE SUITE 190</AddressLine1>
            <City>HUNTERSVILLE</City>
            <State>NC</State>
            <ZIPCode>28078</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CRISIS ASSISTANCE MINISTRY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>500 SPRATT STREET</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28208</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LOAVES &amp; FISHES</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 11234</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28220</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ANITA STROUD FOUNDATION INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1920 STROUD PLACE COURT</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28206</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>REGENT SCHOOLS OF THE CAROLINAS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 30244</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28230</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>AMERICAN CANCER SOCIETY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PATIENT RESOURCE NAV</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28203</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>0</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SECOND HARVEST METROLINA FOOD BANK</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>500 SPRATT STREET</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28208</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PHILIPS ACADEMY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3115 PROVIDENCE ROAD</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28211</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>15000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>DORE ACADEMY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1727 PROVIDENCE RD</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28207</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SALVATION ARMY OF GREATER CHARLOTTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4335 STUART ANDREW BLVD SUITE 120</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28217</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SHELTER HEALTH SERVICES INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>534 SPRATT STREET</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28206</ZIPCode>
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          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
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          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MEN'S SHELTER OF CHARLOTTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 36471</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28236</ZIPCode>
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          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>FREEDOM SCHOOL PARTNERS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 37363</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28237</ZIPCode>
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          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
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        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MOTHERS OF MURDERED OFFSPRING</BusinessNameLine1>
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          <RecipientUSAddress>
            <AddressLine1>2425 KINGS PARK DR</AddressLine1>
            <City>CHARLOTTE</City>
            <State>NC</State>
            <ZIPCode>28208</ZIPCode>
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          <RecipientFoundationStatus>PAID</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>UNRESTRICTED</PurposeOfGrantOrContribution>
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        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>840000</TotGrantOrContriPaidDuringYear>
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          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>311961</ExclusionAmount>
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        <DividendsAndIntFromSecPartVII>
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        <GainSalesAssetsOthThanInvntry>
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        <TotalPartXVIA>283623</TotalPartXVIA>
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        <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>
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        <Category>Barrie Little Wiggins Tax Preparation and Planning</Category>
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        <EOYFMV>101937</EOYFMV>
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        <EOYFMV>103250</EOYFMV>
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        <EOYFMV>257500</EOYFMV>
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        <EOYFMV>49562</EOYFMV>
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        <EOYFMV>99625</EOYFMV>
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        <EOYFMV>108784</EOYFMV>
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        <NameOfBond>NEXTEL COMM INC SR NT</NameOfBond>
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        <EOYFMV>100250</EOYFMV>
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        <NameOfBond>MASSEY ENERGY CO</NameOfBond>
        <EOYBookValue>100830</EOYBookValue>
        <EOYFMV>101250</EOYFMV>
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        <NameOfBond>MIRANT NORTH AMERICA LLC</NameOfBond>
        <EOYBookValue>61752</EOYBookValue>
        <EOYFMV>61130</EOYFMV>
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        <NameOfBond>DONNELLEY R R &amp; SONS</NameOfBond>
        <EOYBookValue>51541</EOYBookValue>
        <EOYFMV>51227</EOYFMV>
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        <NameOfBond>SOUTHTRUST CORP</NameOfBond>
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        <EOYFMV>108240</EOYFMV>
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        <NameOfBond>CITIGROUP INC. 5.5%</NameOfBond>
        <EOYBookValue>105110</EOYBookValue>
        <EOYFMV>107745</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>MERRILL LYNCH &amp; CO</NameOfBond>
        <EOYBookValue>103375</EOYBookValue>
        <EOYFMV>104129</EOYFMV>
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        <NameOfBond>VODAFONE GROUP PLC NEW</NameOfBond>
        <EOYBookValue>97917</EOYBookValue>
        <EOYFMV>109845</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>NATIONSBANK CORP SUB NOTE 7.75%</NameOfBond>
        <EOYBookValue>168979</EOYBookValue>
        <EOYFMV>167553</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>MORGAN STANLEY</NameOfBond>
        <EOYBookValue>158093</EOYBookValue>
        <EOYFMV>157556</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>SPRINT NEXTEL CORP</NameOfBond>
        <EOYBookValue>196529</EOYBookValue>
        <EOYFMV>193250</EOYFMV>
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        <NameOfBond>DONNELLEY R.R. &amp; SONS. 6.125%</NameOfBond>
        <EOYBookValue>101709</EOYBookValue>
        <EOYFMV>102224</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>SUNOCO INC</NameOfBond>
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        <EOYFMV>104421</EOYFMV>
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      <InvestmentsCorpBonds>
        <NameOfBond>SUNTRUST BANK</NameOfBond>
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        <EOYFMV>100496</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>COMMERCIAL METALS CO.</NameOfBond>
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        <EOYFMV>100513</EOYFMV>
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        <EOYBookValue>105687</EOYBookValue>
        <EOYFMV>107112</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>MS STEP UP CALLABLE TRUST UNIT S/ALCOA</NameOfBond>
        <EOYBookValue>100000</EOYBookValue>
        <EOYFMV>97074</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>METLIFE INC. 6.4% FIXED TO 12/2036</NameOfBond>
        <EOYBookValue>99256</EOYBookValue>
        <EOYFMV>94000</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>CVS CAREMARK CORP. 6.302%</NameOfBond>
        <EOYBookValue>102850</EOYBookValue>
        <EOYFMV>106013</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>LINCOLN NATL CORP IND. 7.0% FIX ED</NameOfBond>
        <EOYBookValue>189512</EOYBookValue>
        <EOYFMV>195000</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>PUGET SOUND ENERGY 6.974%</NameOfBond>
        <EOYBookValue>94506</EOYBookValue>
        <EOYFMV>98446</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>GENL ELEC CAPT CORP 6.375%</NameOfBond>
        <EOYBookValue>99506</EOYBookValue>
        <EOYFMV>99000</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>AT&amp;T CORP 6.50%</NameOfBond>
        <EOYBookValue>50507</EOYBookValue>
        <EOYFMV>54982</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>ALLSTATE CORP. 6.125%</NameOfBond>
        <EOYBookValue>97756</EOYBookValue>
        <EOYFMV>99750</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>ROUNDING</NameOfBond>
        <EOYBookValue>2</EOYBookValue>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="00000005">
      <InvestmentsCorpStock>
        <NameOfStock>ALCOA INC. 2000 SHS</NameOfStock>
        <EOYBookValue>73220</EOYBookValue>
        <EOYFMV>30780</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ALTRIA GROUP INC. 3000 SHS</NameOfStock>
        <EOYBookValue>66008</EOYBookValue>
        <EOYFMV>73860</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>AMERICAN EXPRESS CO 2000 SHS</NameOfStock>
        <EOYBookValue>77016</EOYBookValue>
        <EOYFMV>85840</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>ARCHER DANIELS MIDLAND 2000 SHS</NameOfStock>
        <EOYBookValue>92477</EOYBookValue>
        <EOYFMV>60160</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>DEERE &amp; CO 1000 SHS</NameOfStock>
        <EOYBookValue>84146</EOYBookValue>
        <EOYFMV>83050</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>DOW CHEMICAL CO. 2000 SHS</NameOfStock>
        <EOYBookValue>81878</EOYBookValue>
        <EOYFMV>68280</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>DUKE ENERGY CORP HLDG CO 7000 SHS</NameOfStock>
        <EOYBookValue>109055</EOYBookValue>
        <EOYFMV>124670</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>GENERAL ELECTRIC CO 5000 SHS</NameOfStock>
        <EOYBookValue>63973</EOYBookValue>
        <EOYFMV>91450</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>HONEYWELL INTERNATIONAL INC 2000 SHS</NameOfStock>
        <EOYBookValue>113230</EOYBookValue>
        <EOYFMV>106320</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>MERCK &amp; CO. INC. NEW 2000 SHS</NameOfStock>
        <EOYBookValue>100390</EOYBookValue>
        <EOYFMV>72080</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>MFS INTERMEDIATE INCOME TR SBI 18,000</NameOfStock>
        <EOYBookValue>125133</EOYBookValue>
        <EOYFMV>113580</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>PHILIP MORRIS INTL INC 2000 SHS</NameOfStock>
        <EOYBookValue>101045</EOYBookValue>
        <EOYFMV>117060</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>REGENCY ENERGY PTNRS LP UTS 1000</NameOfStock>
        <EOYBookValue>24328</EOYBookValue>
        <EOYFMV>27260</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="00000006">
      <USGovtSecuritiesEOYBookValue>176738</USGovtSecuritiesEOYBookValue>
      <USGovtSecuritiesEOYFMV>199993</USGovtSecuritiesEOYFMV>
      <StateLocalSecuritiesEOYBookVal>599724</StateLocalSecuritiesEOYBookVal>
      <StateLocalSecuritiesEOYFMV>592915</StateLocalSecuritiesEOYFMV>
    </InvestmentsGovtObligationsSch>
    <InvestmentsOtherSchedule2 documentId="00000007">
      <InvestmentsOther>
        <CategoryOrItem>CERTIFICATES OF DEPOSIT - SEE ATTACHED SCHEDULE</CategoryOrItem>
        <BookValue>90000</BookValue>
        <EOYFMV>91652</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>BAC CAPITAL TRUST X</CategoryOrItem>
        <BookValue>290756</BookValue>
        <EOYFMV>374000</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="00000008">
      <LegalFees>
        <Category>McKaig Law firm Legal Services</Category>
        <Amount>10000</Amount>
      </LegalFees>
    </LegalFeesSchedule>
    <OtherDecreasesSchedule documentId="00000009">
      <OtherDecreases>
        <Description>PRIOR PERIOD ADJUSTMENT</Description>
        <Amount>5045</Amount>
      </OtherDecreases>
      <OtherDecreases>
        <Description>CAPITAL GAINS TIMING DIFFERENCE</Description>
        <Amount>198</Amount>
      </OtherDecreases>
      <OtherDecreases>
        <Description>CAPITAL LOSSES</Description>
        <Amount>81304</Amount>
      </OtherDecreases>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="00000010">
      <OtherExpenses>
        <Description>BANK FEES</Description>
        <RevenueAndExpensesPerBooks>74</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>74</NetInvestmentIncome>
        <AdjustedNetIncome>74</AdjustedNetIncome>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <TaxesSchedule documentId="00000011">
      <Taxes>
        <Category>FEDERAL ESTIMATES</Category>
      </Taxes>
      <Taxes>
        <Category>FOREIGN TAX</Category>
        <Amount>661</Amount>
        <NetInvestmentIncome>661</NetInvestmentIncome>
        <AdjustedNetIncome>661</AdjustedNetIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>