﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.2" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-07-21T05:48:11-07:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Spence Marston Bunch Morris &amp; Co</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>250 North Belcher Road Suite 100</AddressLine1>
        <City>Clearwater</City>
        <State>FL</State>
        <ZIPCode>337652622</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>593288143</EIN>
      <Name>
        <BusinessNameLine1>THOMAS A &amp; MARY S JAMES FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>THOM</NameControl>
      <Phone>7275675168</Phone>
      <USAddress>
        <AddressLine1>880 CARILLON PARKWAY</AddressLine1>
        <City>ST PETERSBURG</City>
        <State>FL</State>
        <ZIPCode>33716</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>THOMAS A JAMES</Name>
      <Title>President</Title>
      <DateSigned>2010-07-13</DateSigned>
    </Officer>
    <Preparer>
      <Name>R MICHAL MARSTON</Name>
      <Phone>7274416829</Phone>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990PF documentId="IRS990PF" referenceDocumentId="GeneralExplanation 990PFBinaryAttachments.1" softwareId="10000105" softwareVersion="2010v3.2">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>6583095</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <InterestOnSavingsRevAndExpnss>160</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>160</InterestOnSavingsNetInvstIncm>
        <DividendsRevAndExpnss>84038</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>84038</DividendsNetInvstIncm>
        <NetGainSaleAssetsRevAndExpnss>108272</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>766757</GrossSalesPrice>
        <CapitalGainNetIncmNetInvstIncm>124253</CapitalGainNetIncmNetInvstIncm>
        <TotalRevenueAndExpenses>192470</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>208451</TotalNetInvestmentIncome>
        <AccountingFeesRevAndExpnss referenceDocumentId=" AccountingFeesSchedule">2800</AccountingFeesRevAndExpnss>
        <OtherProfFeesRevAndExpnss referenceDocumentId=" OtherProfessionalFeesSchedule">3431</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>3431</OtherProfFeesNetInvstIncm>
        <TaxesRevAndExpnss referenceDocumentId=" TaxesSchedule">2050</TaxesRevAndExpnss>
        <DeprecAndDepletionRevAndExpnss referenceDocumentId=" DepreciationSchedule">0</DeprecAndDepletionRevAndExpnss>
        <OtherExpensesRevAndExpnss referenceDocumentId="OtherExpensesSchedule AmortizationSchedule">116</OtherExpensesRevAndExpnss>
        <TotOprExpensesRevAndExpnss>8397</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>3431</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>306000</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>306000</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>314397</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>3431</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>306000</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>-121927</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>205020</NetInvestmentIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <SavingsAndTempCashInvstBOY>112939</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>388776</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>388776</SavingsAndTempCashInvstEOYFMV>
        <PrepaidExpensesBOY>349</PrepaidExpensesBOY>
        <PrepaidExpensesEOY>750</PrepaidExpensesEOY>
        <PrepaidExpensesEOYFMV>750</PrepaidExpensesEOYFMV>
        <InvestmentsCorpStockBOY>5197970</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId=" InvestmentsCorpStockSchedule">4799517</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>6191030</InvestmentsCorpStockEOYFMV>
        <OtherAssetsBOY referenceDocumentId=" OtherAssetsSchedule">2251</OtherAssetsBOY>
        <OtherAssetsEOY referenceDocumentId=" OtherAssetsSchedule">2539</OtherAssetsEOY>
        <OtherAssetsEOYFMV referenceDocumentId=" OtherAssetsSchedule">2539</OtherAssetsEOYFMV>
        <TotalAssetsBOY>5313509</TotalAssetsBOY>
        <TotalAssetsEOY>5191582</TotalAssetsEOY>
        <TotalAssetsEOYFMV>6583095</TotalAssetsEOYFMV>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <PaidInOrCapitalSurplusBOY>2499451</PaidInOrCapitalSurplusBOY>
        <PaidInOrCapitalSurplusEOY>2499451</PaidInOrCapitalSurplusEOY>
        <RetainedEarningsBOY>2814058</RetainedEarningsBOY>
        <RetainedEarningsEOY>2692131</RetainedEarningsEOY>
        <TotalNetAssetsBOY>5313509</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>5191582</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>5313509</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>5191582</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>5313509</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>-121927</ExcessOfRevenueOverExpenses>
        <Subtotal>5191582</Subtotal>
        <TotalNetAssetsFundBalancesEOY>5191582</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <CapitalGainsAndLosses>
        <CapitalGainsAndLossesInfo>
          <GainOrLoss>55</GainOrLoss>
        </CapitalGainsAndLossesInfo>
        <CapitalGainsAndLossesInfo>
          <DescriptionOfAsset>Capital Gain Dividends</DescriptionOfAsset>
        </CapitalGainsAndLossesInfo>
        <CapitalGainNetIncome>124253</CapitalGainNetIncome>
        <NetShortTermCapitalGainOrLoss>28800</NetShortTermCapitalGainOrLoss>
      </CapitalGainsAndLosses>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>282201</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>4730135</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.05966</DistributionRatioYear1>
        <QualifyingDistributionsYear2>260500</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>6180561</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.04215</DistributionRatioYear2>
        <QualifyingDistributionsYear3>387475</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>7676285</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.05048</DistributionRatioYear3>
        <QualifyingDistributionsYear4>278032</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>6045835</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.04599</DistributionRatioYear4>
        <QualifyingDistributionsYear5>230600</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>5050230</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.04566</DistributionRatioYear5>
        <TotalDistributionRatio>0.24393</TotalDistributionRatio>
        <AverageDistributionRatio>0.04879</AverageDistributionRatio>
        <NetNoncharitableAssets>5750818</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>280565</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>2050</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>282615</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>306000</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>2050</InvestmentIncomeExciseTax>
        <Subtotal>2050</Subtotal>
        <TaxBasedOnInvestmentIncome>2050</TaxBasedOnInvestmentIncome>
        <EstTaxPaymentsAndOverpayment>2800</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>2800</TotalCreditsAndPayments>
        <Overpayment>750</Overpayment>
        <AmountCreditedToNextYear>750</AmountCreditedToNextYear>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <Form990TFiled>false</Form990TFiled>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>FL</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfBusinessName>
          <BusinessNameLine1>THOMAS A JAMES</BusinessNameLine1>
        </BooksInCareOfBusinessName>
        <BooksInCareOfPhoneNumber>7275783800</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>880 CARILLON ST PETE FL</AddressLine1>
          <City>ST PETERSBURG</City>
          <State>FL</State>
          <ZIPCode>337161102</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>
        <ActsFailToQualifyAsExceptions>false</ActsFailToQualifyAsExceptions>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <UndistrIncome4942a2NotApplied>false</UndistrIncome4942a2NotApplied>
        <BusinessHoldings>false</BusinessHoldings>
        <ExcessBusinessHoldings>false</ExcessBusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <TrFailToQualifyAsExceptions>false</TrFailToQualifyAsExceptions>
        <MaintExpendResponsibility>false</MaintExpendResponsibility>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
        <ProceedsOrNetIncome>false</ProceedsOrNetIncome>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>COURT JAMES</PersonName>
          <USAddress>
            <AddressLine1>202 TOLEDO WAY E</AddressLine1>
            <City>ST PETERSBURG</City>
            <State>FL</State>
            <ZIPCode>33704</ZIPCode>
          </USAddress>
          <Title>Trustee</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>HUNT JAMES</PersonName>
          <USAddress>
            <AddressLine1>4609 SYLVAN RAMBLE</AddressLine1>
            <City>TAMPA</City>
            <State>FL</State>
            <ZIPCode>33609</ZIPCode>
          </USAddress>
          <Title>Trustee</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>MARY S JAMES</PersonName>
          <USAddress>
            <AddressLine1>9341 SILVERTHORN</AddressLine1>
            <City>LARGO</City>
            <State>FL</State>
            <ZIPCode>33777</ZIPCode>
          </USAddress>
          <Title>Secretary</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>THOMAS A JAMES</PersonName>
          <USAddress>
            <AddressLine1>9341 SILVERTHORN</AddressLine1>
            <City>LARGO</City>
            <State>FL</State>
            <ZIPCode>33777</ZIPCode>
          </USAddress>
          <Title>President</Title>
          <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>5714563</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>123065</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>766</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>5838394</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AdjTotalFMVOfUnusedAssets>5838394</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>87576</CashDeemedCharitable>
        <NetNoncharitableAssets>5750818</NetNoncharitableAssets>
        <MinimumInvestmentReturn>287541</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>287541</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>2050</TaxBasedOnInvestmentIncome>
        <TotalTax>2050</TotalTax>
        <DistributableAmountBeforeAdj>285491</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>285491</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>285491</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>306000</ExpensesAndContributions>
        <QualifyingDistributions>306000</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>2050</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>303950</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>285491</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>228476</UndistributedIncomePriorYear>
        <QualifyingDistributions>306000</QualifyingDistributions>
        <AppliedToYear1>228476</AppliedToYear1>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>77524</AppliedToCurrentYear>
        <UndistributedIncomeCY>207967</UndistributedIncomeCY>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>THOMAS A JAMES</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>SEE SCHEDULE ATTACHED</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>SEE SCHEDULE</AddressLine1>
            <City>SEE SCHEDULE</City>
            <State>FL</State>
            <ZIPCode>99999</ZIPCode>
          </RecipientUSAddress>
          <PurposeOfGrantOrContribution>SEE SCHEDULE</PurposeOfGrantOrContribution>
          <Amount>306000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>306000</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>160</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>84038</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>108272</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>192470</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>192470</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>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <AccountingFees>
        <Category>TAX RETURN PREPARATION</Category>
        <Amount>2800</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestmentsCorpStockSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <InvestmentsCorpStock>
        <NameOfStock>EAGLE LARGE CAP CORE</NameOfStock>
        <EOYBookValue>270238</EOYBookValue>
        <EOYFMV>262115</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>EAGLE MID CAP GROWTH</NameOfStock>
        <EOYBookValue>372187</EOYBookValue>
        <EOYFMV>457721</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>LEGG MASON WESTERN ASSET HIGH INCOME</NameOfStock>
        <EOYBookValue>329033</EOYBookValue>
        <EOYFMV>292964</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>EAGLE INTERNATIONAL EQUITY</NameOfStock>
        <EOYBookValue>236674</EOYBookValue>
        <EOYFMV>267098</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>COMMONS STOCKS RJ 77098816 ACCT</NameOfStock>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>EAGLE CAPITAL APPRECIATION</NameOfStock>
        <EOYBookValue>418143</EOYBookValue>
        <EOYFMV>462514</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>EAGLE INTERNATIONAL EQUITY</NameOfStock>
        <EOYBookValue>418107</EOYBookValue>
        <EOYFMV>359845</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>EAGLE MID CAP STOCK</NameOfStock>
        <EOYBookValue>396985</EOYBookValue>
        <EOYFMV>592651</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>EAGLE SMALLCAP GROWTH FUND</NameOfStock>
        <EOYBookValue>492637</EOYBookValue>
        <EOYFMV>618522</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>RAYMOND JAMES FINANCIAL</NameOfStock>
        <EOYBookValue>1865513</EOYBookValue>
        <EOYFMV>2877600</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <OtherAssets>
        <Description>DIVIDENDS IN TRANSIT</Description>
        <BOYBookValue>2251</BOYBookValue>
        <EOYBookValue>2539</EOYBookValue>
        <EOYFMV>2539</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <OtherExpenses>
        <Description>STATE FILING FEES</Description>
        <RevenueAndExpensesPerBooks>61</RevenueAndExpensesPerBooks>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MISCELLANEOUS</Description>
        <RevenueAndExpensesPerBooks>55</RevenueAndExpensesPerBooks>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <OtherProfessionalFees>
        <Category>INVESTMENT MANAGEMENT FEES</Category>
        <Amount>3431</Amount>
        <NetInvestmentIncome>3431</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule" softwareId="10000105" softwareVersion="2010v3.2">
      <Taxes>
        <Category>TAXES ON INVESTMENT INCOME</Category>
        <Amount>2050</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>