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      <DateSigned>2011-04-19</DateSigned>
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        <Fundraising>185162</Fundraising>
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        <ManagementAndGeneral>9721</ManagementAndGeneral>
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        <ProgramServices>761582</ProgramServices>
        <ManagementAndGeneral>73092</ManagementAndGeneral>
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      <Travel>
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        <MethodOfValuation>F</MethodOfValuation>
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        <Description>ABSOLUTE RETURN FUNDS</Description>
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      <OtherSecurities>
        <Description>FIXED INCOME</Description>
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      <OtherSecurities>
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        <Explanation>PART V LINE 4 - ENDOWMENT FUNDS ARE USED FOR SCHOLARSHIPS GRANTS AWARDS FACULTY DEVELOPMENT LIBRARY SUPPORT &amp; VARIOUS OTHER PROGRAMS PART X LINE 2 - FIN 48 DISCLOSURE - DURING THE YEAR ENDED JUNE 30 2010 THE SCHOOL ADOPTED THE PROVISIONS OF FASB ASC TOPIC 740 RELATIVE TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES NO SUCH UNCERTAINTIES HAVE BEEN IDENTIFIED BY MANAGEMENT WHICH REQUIRE DISCLOSURE IN THE FINANCIAL STATEMENTS PART XI LINE 8 - FAIR MARKET VALUE ADJUSTMENT FOR INTEREST RATE SWAPS (712076) &amp; PRESENT VALUE DISCOUNT ADJUSTMENT FOR CHARITABLE REMAINDER TRUST 295000 TOTAL (417076) PART XII LINE 1(D) - PRESENT VALUE DISCOUNT ADJUSTMENT FOR CHARITABLE REMAINDER TRUST 295000 &amp; EXPENSES RECLASSED TO REVENUE FOR PRESENTATION PURPOSES 127070 TOTAL 422070 PART XIII LINE 1 (D) - EXPENSES RECLASSED TO REVENUE FOR PRESENTATION PURPOSES 127070</Explanation>
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      <TotalRetainedByContractors>38150</TotalRetainedByContractors>
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      <LicensedStates>TN</LicensedStates>
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        <VolunteerLaborPullTabs>false</VolunteerLaborPullTabs>
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        <OtherDirectExpensesOtherGaming>1200</OtherDirectExpensesOtherGaming>
        <VolunteerLaborOtherGaming>true</VolunteerLaborOtherGaming>
        <VolunteerLaborPrcntOtherGaming>.75000</VolunteerLaborPrcntOtherGaming>
        <GrossRevenueTotalGaming>19097</GrossRevenueTotalGaming>
        <CashPrizesTotalGaming>975</CashPrizesTotalGaming>
        <NonCashPrizesTotalGaming>2582</NonCashPrizesTotalGaming>
        <OtherDirectExpensesTotalGaming>1200</OtherDirectExpensesTotalGaming>
        <DirectExpenseSummaryGaming>4757</DirectExpenseSummaryGaming>
        <NetGamingIncomeSummary>14340</NetGamingIncomeSummary>
      </GamingInformation>
      <StatesWhereGamingConducted>TN</StatesWhereGamingConducted>
      <Licensed>true</Licensed>
      <LicenseSuspendedEtc>false</LicenseSuspendedEtc>
      <GamingWithNonmembers>false</GamingWithNonmembers>
      <MemberOfOtherEntity>false</MemberOfOtherEntity>
      <PercentageOfGamingOthrFacility>1.0</PercentageOfGamingOthrFacility>
      <NameOfGamingRecKeeperPerson>DONALD E MORTON</NameOfGamingRecKeeperPerson>
      <AddressOfGamingRecKeeperUS>
        <AddressLine1>832 GEORGIA AVENUE</AddressLine1>
        <City>CHATTANOOGA</City>
        <State>TN</State>
        <ZIPCode>37402</ZIPCode>
      </AddressOfGamingRecKeeperUS>
      <ContractWith3rdPartyForGamRev>false</ContractWith3rdPartyForGamRev>
      <GamingManagerNamePerson>ANN EVANS</GamingManagerNamePerson>
      <GamingManagerCompensation>25000</GamingManagerCompensation>
      <GamingManagerServicesProvided>FUNDRAISING EVENTS COORDINATOR</GamingManagerServicesProvided>
      <GamingManagerIsEmployee>X</GamingManagerIsEmployee>
      <GamingManagerIsIndContractor>X</GamingManagerIsIndContractor>
      <CharitableDistribRequired>true</CharitableDistribRequired>
      <AmountDistributed>14340</AmountDistributed>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="RetDoc7">
      <RecordsMaintained>true</RecordsMaintained>
      <NoGrantMoreThan5000>X</NoGrantMoreThan5000>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>FINANCIAL AID</TypeOfGrant>
        <NumberOfRecipients>236</NumberOfRecipients>
        <AmountOfNonCashAssistance>2167894</AmountOfNonCashAssistance>
        <MethodOfValuation>FMV</MethodOfValuation>
        <DescriptionOfNonCashAssistance>TUITION CREDIT</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>MERIT SCHOLARSHIP</TypeOfGrant>
        <NumberOfRecipients>2</NumberOfRecipients>
        <AmountOfNonCashAssistance>39060</AmountOfNonCashAssistance>
        <MethodOfValuation>FMV</MethodOfValuation>
        <DescriptionOfNonCashAssistance>TUITION CREDIT</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Explanation>PART I LINE 2 - THE SCHOOL EMPLOYS A FINANCIAL AID MANAGER WHO OVERSEES AND MONITORS THE USE AND DISTRIBUTION OF ALL SCHOOL GRANTS TO INDIVIDUALS IN THE UNITED STATES</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="RetDoc6">
      <TravelForCompanions>X</TravelForCompanions>
      <DiscretionarySpendingAccount>X</DiscretionarySpendingAccount>
      <HousingAllowanceOrResidence>X</HousingAllowanceOrResidence>
      <ClubDuesOrFees>X</ClubDuesOrFees>
      <WrittenPolicyReTAndEExpenses>true</WrittenPolicyReTAndEExpenses>
      <SubstantiationRequired>true</SubstantiationRequired>
      <CompensationCommittee>X</CompensationCommittee>
      <WrittenEmploymentContract>X</WrittenEmploymentContract>
      <CompensationSurvey>X</CompensationSurvey>
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>false</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>false</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>false</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>false</CompBasedNetEarningsRelateOrgs>
      <AnyNonFixedPayments>false</AnyNonFixedPayments>
      <InitialContractException>false</InitialContractException>
      <RebuttablePresumptionProcedure>false</RebuttablePresumptionProcedure>
      <Form990ScheduleJPartII>
        <NamePerson>STANLEY R TUCKER</NamePerson>
        <BaseCompensationFilingOrg>242221</BaseCompensationFilingOrg>
        <DeferredCompFilingOrg>24222</DeferredCompFilingOrg>
        <NontaxableBenefitsFilingOrg>30000</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>296443</TotalCompensationFilingOrg>
        <CompReportPrior990FilingOrg>299059</CompReportPrior990FilingOrg>
      </Form990ScheduleJPartII>
    </IRS990ScheduleJ>
    <IRS990ScheduleK documentId="RetDoc5">
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>HEALTH EDUC &amp; HOUSING FACILITY - CHATTANOOGA</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>521298872</IssuerEIN>
        <DateIssued>2009-12-01</DateIssued>
        <IssuePrice>17500000</IssuePrice>
        <DescriptionOfPurpose>SCHOOL BUILDING CONSTRUCTION</DescriptionOfPurpose>
        <Defeased>false</Defeased>
        <OnBehalfOfIssuer>false</OnBehalfOfIssuer>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartII>
        <TotalProceeds>17500000</TotalProceeds>
        <CapitalExpenditures>17500000</CapitalExpenditures>
        <CurrentRefunding>true</CurrentRefunding>
        <AdvanceRefunding>false</AdvanceRefunding>
        <FinalAllocationMade>true</FinalAllocationMade>
        <AdequateBooksAndRecdsMaintaind>true</AdequateBooksAndRecdsMaintaind>
      </Form990ScheduleKPartII>
      <Form990ScheduleKPartIII>
        <OwningBondFinancedProperty>false</OwningBondFinancedProperty>
        <AnyLeaseArrangements>false</AnyLeaseArrangements>
        <MngmentCntrctBondFinancdPrprty>false</MngmentCntrctBondFinancdPrprty>
        <AnyResearchAgreements>false</AnyResearchAgreements>
        <BondCounselRoutinelyEngaged>true</BondCounselRoutinelyEngaged>
        <PostIssuanceComplianceProcdrs>true</PostIssuanceComplianceProcdrs>
      </Form990ScheduleKPartIII>
      <Form990ScheduleKPartIV>
        <Form8038TFiled>true</Form8038TFiled>
        <VariableRateIssue>false</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>true</HedgeIdentifiedInBooksAndRecds>
        <NameOfHedgeProvider>
          <BusinessNameLine1>REGIONSSUNTRUST</BusinessNameLine1>
        </NameOfHedgeProvider>
        <TermOfHedge>22</TermOfHedge>
        <GrossProceedsInvestedInGIC>false</GrossProceedsInvestedInGIC>
        <RegulatorySafeHarborSatisfied>false</RegulatorySafeHarborSatisfied>
        <GrossProceedsInvested>false</GrossProceedsInvested>
        <ExceptionToRebate>false</ExceptionToRebate>
      </Form990ScheduleKPartIV>
    </IRS990ScheduleK>
    <IRS990ScheduleM documentId="RetDoc4">
      <WorksOfArt>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>18</NumberOfContributions>
        <NoncashContribsRptdF990>12425</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </WorksOfArt>
      <ClothingAndHouseholdGoods>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NoncashContribsRptdF990>30989</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </ClothingAndHouseholdGoods>
      <CarsAndOtherVehicles>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>9900</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </CarsAndOtherVehicles>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>TRAVELENTERTAINMENTFOOD</Description>
        <NumberOfContributions>162</NumberOfContributions>
        <NoncashContribsRptdF990>136777</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>GIFT CERTIFICATES &amp; MISC ITEMS</Description>
        <NumberOfContributions>86</NumberOfContributions>
        <NoncashContribsRptdF990>45368</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>SERVICES</Description>
        <NumberOfContributions>60</NumberOfContributions>
        <NoncashContribsRptdF990>21261</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>PIANO</Description>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>11750</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>true</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>true</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc3">
      <GeneralExplanation>
        <Explanation>PART VI SECTION A LINES 6-7B - THE ORGANIZATION'S MEMBERS INCLUDE A BOARD OF TRUSTEES WHO SERVE AS THE GOVERNING BODY AND ELECT THEIR MEMBERS PART VI SECTION A LINE 11 - TRUSTEES ANDOR THE AUDIT COMMITTEE ARE GIVEN THE OPPORTUNITY TO REVIEW THE FORM 990 BEFORE IT IS FILED PART VI SECTION B LINE 12C - OFFICE OF THE HEADMASTER REQUIRES A CONFLICT OF INTEREST POLICY TO BE SIGNED ANNUALLY BY EACH TRUSTEE PART VI SECTION B LINE 15A - THE HEADMASTER'S COMPENSATION PACKAGE IS DETERMINED BY THE EXECUTIVE COMMITTEE OF TRUSTEES PART VI SECTION C LINE 19 - CERTAIN CONFLICT OF INTEREST POLICIESSTATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST THE SCHOOL CURRENTLY DOES NOT MAKE AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>