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        <MethodOfValuation>C</MethodOfValuation>
      </OtherSecurities>
      <OtherSecurities>
        <Description>100 SHS THE SOUTHERN COMPANY</Description>
        <BookValue>3673</BookValue>
        <MethodOfValuation>C</MethodOfValuation>
      </OtherSecurities>
      <OtherSecurities>
        <Description>200 SHS BK OF NY IV 6.875% DUE 12/01/28</Description>
        <BookValue>4943</BookValue>
        <MethodOfValuation>C</MethodOfValuation>
      </OtherSecurities>
      <OtherSecurities>
        <Description>200 SHS GEORGIA POWER 6.375% DUE 07/15/47</Description>
        <BookValue>5213</BookValue>
        <MethodOfValuation>C</MethodOfValuation>
      </OtherSecurities>
      <TotalOfBookValueSecurities>66894</TotalOfBookValueSecurities>
    </IRS990ScheduleD>
    <IRS990ScheduleF documentId="RetDoc1040500001">
      <GrantRecordsMaintained>1</GrantRecordsMaintained>
      <AcctsActvsOutUSTable>
        <Region>ENGLAND</Region>
        <TypeOfActivitiesConducted>SUPPORT OF THE RESEARCH OF ART HISTORIAN, DR. BEVERLY BROWN, CURATING AN EXHIBIT AND WRITING A BOOK.</TypeOfActivitiesConducted>
        <TotalExpenditures>76000</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <SubtotalNumberOfEmployees>0</SubtotalNumberOfEmployees>
      <ContNumberOfEmployees>0</ContNumberOfEmployees>
      <TotalNumberOfEmployees>0</TotalNumberOfEmployees>
      <SubtotalAmountSpent>76000</SubtotalAmountSpent>
      <ContAmountSpent>0</ContAmountSpent>
      <TotalAmountSpent>76000</TotalAmountSpent>
      <GrantsToOrgsOutsideUS>
        <Region>EUROPE</Region>
        <PurposeOfGrant>TO SUPPORT THE RESEARCH OF ART HISTORIAN, DR. BEVERLY BROWN, CURATING AN EXHIBIT AND WRITING A BOOK.</PurposeOfGrant>
        <AmountOfCashGrant>76000</AmountOfCashGrant>
      </GrantsToOrgsOutsideUS>
      <TransferToForeignCorp>0</TransferToForeignCorp>
      <InterestInForeignTrust>0</InterestInForeignTrust>
      <OwnForeignCorp>0</OwnForeignCorp>
      <PassiveForeignInvestCo>0</PassiveForeignInvestCo>
      <ForeignPartnership>0</ForeignPartnership>
      <BoycottCountries>0</BoycottCountries>
      <Form990ScheduleFPartV>
        <Identifier>PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.:</Identifier>
        <Explanation>SCHEDULE F, PART I, LINE 2: FOUNDATION RECEIVES DETAILED ACCOUNTINGS OF EXPENDITURES AT LEAST ANNUALLY FROM THE RECIPIENTS OF IT'S GRANTS.</Explanation>
      </Form990ScheduleFPartV>
    </IRS990ScheduleF>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <RecordsMaintained>1</RecordsMaintained>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>THE TYTUS FELLOWSHIP PROGRAM UNIVERSITY OF CINCINNATI</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>PO BOX 19970</AddressLine1>
          <City>CINCINNATI</City>
          <State>OH</State>
          <ZIPCode>45219</ZIPCode>
        </AddressUS>
        <EINOfRecipient>310896555</EINOfRecipient>
        <AmountOfCashGrant>8000</AmountOfCashGrant>
        <PurposeOfGrant>TO SUPPORT SCHOLARS WORLD WIDE TO DO RESEARCH ON THE CLASSICS AT THE BELGEN LIBRARY, UNIVERSITY OF CINCINNATI</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>NESTOR NEWSLETTER UNIVERSITY OF CINCINNATI</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>PO BOX 19970</AddressLine1>
          <City>CINCINNATI</City>
          <State>OH</State>
          <ZIPCode>45219</ZIPCode>
        </AddressUS>
        <EINOfRecipient>310896555</EINOfRecipient>
        <AmountOfCashGrant>6000</AmountOfCashGrant>
        <PurposeOfGrant>TO SUPPORT THE NTO SUPPORT THE NESTOR BRONZE AGE NEWSLETTER PRODUCED FOR ARCHAEOLOGITS WORLD WIDE.</PurposeOfGrant>
      </RecipientTable>
      <Form990ScheduleIPartIV>
        <Identifier>PROCEDURE FOR MONITORING GRANTS IN THE U.S.:</Identifier>
        <ReturnReference>PART I, LINE 2:</ReturnReference>
        <Explanation>SCHEDULE I, PART I, LINE 2: FOUNDATION RECEIVES DETAILED ACCOUNTINGS OF EXPENDITURES AT LEAST ANNUALLY FROM THE RECIPIENTS OF IT'S GRANTS.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
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      <GeneralExplanation>
        <Identifier>FORM 990, PART VI, SECTION B, LINE 11</Identifier>
        <Explanation>THE ANNUAL TAX REPORT FORM 990 IS REVIEWED BY THE PRESIDENT. THE FORM 990 SHALL BE SIGNED BY A TRUSTEE OR DIRECTOR OF THE FOUNDATION AND COPIES ARE DELIVERED TO ALL TRUSTEES OR DIRECTORS FOR REVIEW BEFORE FILING WITH THE INTERNAL REVENUE SERVICE AND OTHER TAX AND REGULATORY ANUTHORITIES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT EACH PERSON HAS RECIEVED, UNDERSTANDS AND IS IN COMPLIANCE WITH THE POLICY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 18</ReturnReference>
        <Explanation>WHEN AN INQUIRY IS MADE ABOUT THE ORGANIZATIONS FORM 1023 OR FORM 990 THEY ARE INFORMED THAT THE INFORMATION IS AVAILABLE ON WWW.GUIDESTAR.ORG. IF THE REQUESTING PARTY WISHES A COPY MAILED TO THEM THEN THE FOUNDATION WILL PROVIDE A COPY AND MAIL TO THE REQUESTING PARTY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>WHEN AN INQUIRY IS MADE ABOUT THE ORGANIZATIONS FORM 1023 OR FORM 990 THEY ARE INFORMED THAT THE INFORMATION IS AVAILABLE ON WWW.GUIDESTAR.ORG. IF THE REQUESTING PARTY WISHES A COPY MAILED TO THEM THEN THE FOUNDATION WILL PROVIDE A COPY AND MAIL TO THE REQUESTING PARTY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC</Identifier>
        <ReturnReference>FORM 990, PART VII</ReturnReference>
        <Explanation>CHARLES SHOR - C/O DURO BAG MANUFACTURING CO, LUDLOW, KY 41016-0250. ROBERT E. RICH - C/O TAFT STETTINIUS &amp; HOLLISTER, 425 WALNUT ST STE 1800, CINCINNATI, OH 45202-3957. PROF. BERNARD FENIK - 441 HIGHLAND AVENUE, FORT THOMAS, KY 41075.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>