﻿<?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">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-08-15T14:56:49-05:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>NEUMAN &amp; COMPANY PA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>280 WEKIVA SPRINGS RD STE 3030</AddressLine1>
        <City>LONGWOOD</City>
        <State>FL</State>
        <ZIPCode>32779</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>352042978</EIN>
      <Name>
        <BusinessNameLine1>HOLTZ CHARITABLE FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>HOLT</NameControl>
      <USAddress>
        <AddressLine1>9209 CROMWELL PARK PLACE</AddressLine1>
        <City>ORLANDO</City>
        <State>FL</State>
        <ZIPCode>32827</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>BETH B HOLTZ</Name>
      <Title>PRESIDENT</Title>
      <DateSigned>2011-08-10</DateSigned>
    </Officer>
    <Preparer>
      <Name>LINDA J NEUMAN CPA CVA</Name>
      <Phone>4078627557</Phone>
      <DatePrepared>2011-08-15</DatePrepared>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="10">
    <IRS990PF documentId="RetDoc2">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>3089694</FMVAssetsEOY>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AnalysisOfRevenueAndExpenses>
        <ContriReceivedRevAndExpnss>339771</ContriReceivedRevAndExpnss>
        <InterestOnSavingsRevAndExpnss>523</InterestOnSavingsRevAndExpnss>
        <InterestOnSavingsNetInvstIncm>523</InterestOnSavingsNetInvstIncm>
        <InterestOnSavingsAdjNetIncm>523</InterestOnSavingsAdjNetIncm>
        <DividendsRevAndExpnss>41310</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>41310</DividendsNetInvstIncm>
        <DividendsAdjNetIncm>41310</DividendsAdjNetIncm>
        <NetGainSaleAssetsRevAndExpnss referenceDocumentId="RetDoc5">73029</NetGainSaleAssetsRevAndExpnss>
        <GrossSalesPrice>567300</GrossSalesPrice>
        <TotalRevenueAndExpenses>454633</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>41833</TotalNetInvestmentIncome>
        <TotalAdjustedNetIncome>41833</TotalAdjustedNetIncome>
        <CompOfcrDirTrstRevAndExpnss>60000</CompOfcrDirTrstRevAndExpnss>
        <CompOfcrDirTrstNetInvstIncm>30000</CompOfcrDirTrstNetInvstIncm>
        <AccountingFeesRevAndExpnss referenceDocumentId="RetDoc3">6671</AccountingFeesRevAndExpnss>
        <AccountingFeesNetInvstIncm>6671</AccountingFeesNetInvstIncm>
        <OtherProfFeesRevAndExpnss referenceDocumentId="RetDoc9">15069</OtherProfFeesRevAndExpnss>
        <OtherProfFeesNetInvstIncm>15069</OtherProfFeesNetInvstIncm>
        <TaxesRevAndExpnss referenceDocumentId="RetDoc10">33</TaxesRevAndExpnss>
        <OtherExpensesRevAndExpnss referenceDocumentId="RetDoc8">20</OtherExpensesRevAndExpnss>
        <OtherExpensesNetInvstIncm>20</OtherExpensesNetInvstIncm>
        <TotOprExpensesRevAndExpnss>81793</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>51760</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>169200</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>169200</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>250993</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>51760</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>169200</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>203640</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>41833</AdjustedNetIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>30597</CashBOY>
        <CashEOY>85847</CashEOY>
        <CashEOYFMV>85847</CashEOYFMV>
        <SavingsAndTempCashInvstBOY>898318</SavingsAndTempCashInvstBOY>
        <SavingsAndTempCashInvstEOY>211095</SavingsAndTempCashInvstEOY>
        <SavingsAndTempCashInvstEOYFMV>211095</SavingsAndTempCashInvstEOYFMV>
        <AccountsReceivable>1350</AccountsReceivable>
        <AccountsReceivableBOY>25637</AccountsReceivableBOY>
        <AccountsReceivableEOY>1350</AccountsReceivableEOY>
        <AccountsReceivableEOYFMV>1350</AccountsReceivableEOYFMV>
        <InvestmentsCorpStockBOY>1163324</InvestmentsCorpStockBOY>
        <InvestmentsCorpStockEOY referenceDocumentId="RetDoc6">1991962</InvestmentsCorpStockEOY>
        <InvestmentsCorpStockEOYFMV>2579976</InvestmentsCorpStockEOYFMV>
        <InvestmentsOtherBOY>200000</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="RetDoc7">200000</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>211426</InvestmentsOtherEOYFMV>
        <TotalAssetsBOY>2317876</TotalAssetsBOY>
        <TotalAssetsEOY>2490254</TotalAssetsEOY>
        <TotalAssetsEOYFMV>3089694</TotalAssetsEOYFMV>
        <AccountsPayableBOY>31262</AccountsPayableBOY>
        <TotalLiabilitiesBOY>31262</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>2286614</RetainedEarningsBOY>
        <RetainedEarningsEOY>2490254</RetainedEarningsEOY>
        <TotalNetAssetsBOY>2286614</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>2490254</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>2317876</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>2490254</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>2286614</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>203640</ExcessOfRevenueOverExpenses>
        <Subtotal>2490254</Subtotal>
        <TotalNetAssetsFundBalancesEOY>2490254</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>129245</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>2441301</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.052941</DistributionRatioYear1>
        <QualifyingDistributionsYear2>189029</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>2623324</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.072057</DistributionRatioYear2>
        <QualifyingDistributionsYear3>337250</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>2817871</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.119683</DistributionRatioYear3>
        <QualifyingDistributionsYear4>187600</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>2589506</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.072446</DistributionRatioYear4>
        <QualifyingDistributionsYear5>130929</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>1781854</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.073479</DistributionRatioYear5>
        <TotalDistributionRatio>0.390606</TotalDistributionRatio>
        <AverageDistributionRatio>0.078121</AverageDistributionRatio>
        <NetNoncharitableAssets>2631283</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>205558</AdjustedNoncharitableAssets>
        <AdjNonchrtblAssetsAndOnePct>205558</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>169200</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <InvestmentIncomeExciseTax>0</InvestmentIncomeExciseTax>
        <EstTaxPaymentsAndOverpayment>2100</EstTaxPaymentsAndOverpayment>
        <TotalCreditsAndPayments>2100</TotalCreditsAndPayments>
        <Overpayment>2100</Overpayment>
        <AmountCreditedToNextYear>2100</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>IN</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <WebsiteAddress>N/A</WebsiteAddress>
        <BooksInCareOfPersonName>BETH B HOLTZ</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>4072408403</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>9209 CROMWELL PARK PLACE</AddressLine1>
          <City>ORLANDO</City>
          <State>FL</State>
          <ZIPCode>32829</ZIPCode>
        </BooksInCareOfUSAddress>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <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>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">LOUIS L HOLTZ</PersonName>
          <USAddress>
            <AddressLine1>9209 CROMWELL PARK PLACE</AddressLine1>
            <City>ORLANDO</City>
            <State>FL</State>
            <ZIPCode>32827</ZIPCode>
          </USAddress>
          <Title>CHAIRMAN/DIR</Title>
          <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">BETH B HOLTZ</PersonName>
          <USAddress>
            <AddressLine1>9209 CROMWELL PARK PLACE</AddressLine1>
            <City>ORLANDO</City>
            <State>FL</State>
            <ZIPCode>32827</ZIPCode>
          </USAddress>
          <Title>PRES/DIR</Title>
          <AvgHoursPerWkDevotedToPosition>5.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">LUANNE E ALTENBAUMER</PersonName>
          <USAddress>
            <AddressLine1>4923 GLENMEADOW DRIVE</AddressLine1>
            <City>HOUSTON</City>
            <State>TX</State>
            <ZIPCode>77096</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>2.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>15000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">LOUIS LSKIP HOLTZ</PersonName>
          <USAddress>
            <AddressLine1>5013 WEST SAN MIGUEL STREET</AddressLine1>
            <City>TAMPA</City>
            <State>FL</State>
            <ZIPCode>33629</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>2.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>15000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">KEVIN R HOLTZ</PersonName>
          <USAddress>
            <AddressLine1>6223 POPLAR GROVE DR</AddressLine1>
            <City>PORT ORANGE</City>
            <State>FL</State>
            <ZIPCode>32127</ZIPCode>
          </USAddress>
          <Title>SEC/TR/DIR</Title>
          <AvgHoursPerWkDevotedToPosition>2.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>15000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName referenceDocumentId="RetDoc4">ELIZABETH H MASSAGLIA</PersonName>
          <USAddress>
            <AddressLine1>9453 N STATE ROAD 267</AddressLine1>
            <City>BROWNSBURG</City>
            <State>IN</State>
            <ZIPCode>46112</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>2.50</AvgHoursPerWkDevotedToPosition>
          <Compensation>15000</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Description1>N/A</Description1>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>2131697</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>539656</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>2671353</TotalFMVOfUnusedAssets>
        <AdjTotalFMVOfUnusedAssets>2671353</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>40070</CashDeemedCharitable>
        <NetNoncharitableAssets>2631283</NetNoncharitableAssets>
        <MinimumInvestmentReturn>131564</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>131564</MinimumInvestmentReturn>
        <DistributableAmountBeforeAdj>131564</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>131564</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>131564</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>169200</ExpensesAndContributions>
        <QualifyingDistributions>169200</QualifyingDistributions>
        <AdjQualifyingDistributions>169200</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>131564</DistributableAmountAsAdjusted>
        <ExcessDistriCarryoverYear5>43516</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>60200</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>196356</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>57863</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>7180</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>365115</TotalExcessDistriCarryover>
        <QualifyingDistributions>169200</QualifyingDistributions>
        <AppliedToCurrentYear>131564</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>37636</RemainingDistriFromCorpus>
        <TotalCorpus>402751</TotalCorpus>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <ExcessDistriCyovFromYear5>43516</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>359235</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>60200</ExcessFromYear4>
        <ExcessFromYear3>196356</ExcessFromYear3>
        <ExcessFromYear2>57863</ExcessFromYear2>
        <ExcessFromYear1>7180</ExcessFromYear1>
        <ExcessFromCurrentYear>37636</ExcessFromCurrentYear>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>LOUIS L HOLTZ</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LOIS HOLT FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>617 E COLONIAL DR</AddressLine1>
            <City>ORLANDO</City>
            <State>FL</State>
            <ZIPCode>32803</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>CHAR FOUNDAT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PAN-MASSACHUSETTS CHALLEN</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>DANAFARBER CANCER44 BINN</AddressLine1>
            <City>BOSTON</City>
            <State>MA</State>
            <ZIPCode>02115</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHAR.</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UPPER VALLEY HALL OF FAME</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 60</AddressLine1>
            <City>EAST LIVERPOOL</City>
            <State>OH</State>
            <ZIPCode>43920</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHAR.</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>HIGHER EDUCATION/SCHOLARSHIPS</PurposeOfGrantOrContribution>
          <Amount>70000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>KENT STATE UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 5190</AddressLine1>
            <City>KENT</City>
            <State>OH</State>
            <ZIPCode>44242</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>COLLEGE/UNIV</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>HIGHER EDUCATION/SCHOLARSHIPS</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ALIVE IN CHRIST</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>C/O DIOCESE50 E ROBINSON</AddressLine1>
            <City>ORLANDO</City>
            <State>FL</State>
            <ZIPCode>32801</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHAR.</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>OUR CATHOLIC APPEAL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>C/O DIOCESE50 E ROBINSON</AddressLine1>
            <City>ORLANDO</City>
            <State>FL</State>
            <ZIPCode>32801</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHAR.</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CROHN'S &amp; COLITIS FOUNDAT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>233 WILSHIRE BLVD</AddressLine1>
            <City>SANTA MONICA</City>
            <State>CA</State>
            <ZIPCode>90401</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>CHAR FOUND</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LITTLE SISTERS OF LAMB</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>36 SOUTH BOEKE ST</AddressLine1>
            <City>KANSAS CITY</City>
            <State>KS</State>
            <ZIPCode>66101</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHAR.</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>YOUTH FOR TOMORROW</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>11835 HAZEL CIRCLE DRIVE</AddressLine1>
            <City>BRISTOW</City>
            <State>VA</State>
            <ZIPCode>20136</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHAR.</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>INDIANA TECH UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1600 EAST WASHINGTON BLVD</AddressLine1>
            <City>FORT WAYNE</City>
            <State>IN</State>
            <ZIPCode>46803</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>COLLEGE/UNIV</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>HIGHER EDUCATION/SCHOLARSHIPS</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>VITAL FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>4601 HOLLY LANE NW</AddressLine1>
            <City>GIG HARBOR</City>
            <State>WA</State>
            <ZIPCode>98335</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>CHAR FOUNDAT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>5000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SEAN MCDONOUGH CHAR FOUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>PO BOX 710217</AddressLine1>
            <City>NORTH QUINCY</City>
            <State>MA</State>
            <ZIPCode>02171</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>CHAR FOUNDAT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ARNOLD PALMER MEDICAL CTR</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1414 KUHL AVENUE</AddressLine1>
            <City>ORLANDO</City>
            <State>FL</State>
            <ZIPCode>32806</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHAR.</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MEDICIAL RESEARCH</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIV OF NOTRE DAME</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1100 GRACE HALL</AddressLine1>
            <City>NOTRE DAME</City>
            <State>IN</State>
            <ZIPCode>46556</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>COLLEGE/UNIV</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>HIGHER EDUCATION</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ST ALYSIOUS SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>335 WEST 5TH STREET</AddressLine1>
            <City>EAST LIVERPOOL</City>
            <State>OH</State>
            <ZIPCode>43920</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>SCHOOL</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>EDUCATION</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BENEDICTINE COLLEGE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1020 NORTH 2ND STREET</AddressLine1>
            <City>ATCHISON</City>
            <State>KS</State>
            <ZIPCode>66002</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>COLLEGE/UNIV</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>HIGHER EDUCATION</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CATSKILLS AREA HOSPICE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1 BIRCHWOOD DRIVE</AddressLine1>
            <City>ONEONTA</City>
            <State>NY</State>
            <ZIPCode>13820</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC CHAR.</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>ARA PARSEGHIAN MEDICAL RE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3530 E CAMPO ABIERTO 105</AddressLine1>
            <City>TUSCON</City>
            <State>AZ</State>
            <ZIPCode>85718</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>CHAR FOUNDAT</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>MEDICAL RESEARCH</PurposeOfGrantOrContribution>
          <Amount>30500</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>169200</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>523</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>41310</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <RelatedOrExemptFunctionIncome>73029</RelatedOrExemptFunctionIncome>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>41833</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>73029</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>114862</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>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>ST ANDREWS PRODUCTS CO</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>500 MARINER DRIVE</AddressLine1>
          <City>MICHIGAN CITY</City>
          <State>IN</State>
          <ZIPCode>46360</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>5950</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>7</ContributorNumber>
        <ContributorNameIndividual>KEVIN KELLY</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>51320 PEBBLE BEACH CT</AddressLine1>
          <City>GRANGER</City>
          <State>IN</State>
          <ZIPCode>46530</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>24000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>13</ContributorNumber>
        <ContributorNameIndividual>MARK ANDERSON</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>232 WINTHROP AVE</AddressLine1>
          <City>ELMHURST</City>
          <State>IL</State>
          <ZIPCode>60126</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>20000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>2</ContributorNumber>
        <ContributorNameIndividual>BRAD T DEHOND</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>1701 N BURLING ST</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60614</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>12000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>8</ContributorNumber>
        <ContributorNameIndividual>THOMAS J VARGA JR LLC</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>53700 GENERATIONS DR</AddressLine1>
          <City>SOUTH BEND</City>
          <State>IN</State>
          <ZIPCode>46635</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>6000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>3</ContributorNumber>
        <ContributorNameIndividual>DANIEL WOLF</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>2480 AURORA AVE</AddressLine1>
          <City>NAPERVILLE</City>
          <State>IL</State>
          <ZIPCode>60540</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>36000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>9</ContributorNumber>
        <ContributorNameIndividual>MIKE HOIN</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>TRUST OPERATIONS 7TH FLOOR</AddressLine1>
          <City>DETROIT</City>
          <State>MI</State>
          <ZIPCode>48275</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>5000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>4</ContributorNumber>
        <ContributorNameIndividual>LOUIS BETH HOLTZ</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>9209 CROMWELL PARK PL</AddressLine1>
          <City>ORLANDO</City>
          <State>FL</State>
          <ZIPCode>32827</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>131262</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>10</ContributorNumber>
        <ContributorNameIndividual>DILLON DALTON</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>TRUST OPERATIONS - 7TH FLOOR</AddressLine1>
          <City>DETROIT</City>
          <State>MI</State>
          <ZIPCode>48275</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>5000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>5</ContributorNumber>
        <ContributorNameIndividual>DANIEL MURPHY</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>35 CASTLETON CT</AddressLine1>
          <City>NORTH BARRINGTON</City>
          <State>IL</State>
          <ZIPCode>60010</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>36000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>11</ContributorNumber>
        <ContributorNameIndividual>SILVERIO BASILE</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>1136 SPRINGFIELD AVE</AddressLine1>
          <City>MOUNTAINSIDE</City>
          <State>NJ</State>
          <ZIPCode>07092</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>12000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>6</ContributorNumber>
        <ContributorNameIndividual>GREGORY DOWNES</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>101 N MICHIGAN ST STE 520</AddressLine1>
          <City>SOUTH BEND</City>
          <State>IN</State>
          <ZIPCode>46601</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>6000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
      <ContributorInfo>
        <ContributorNumber>12</ContributorNumber>
        <ContributorNameIndividual>BRIAN SAVAGE</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>2955 TIBURON BLVD</AddressLine1>
          <City>NAPLES</City>
          <State>FL</State>
          <ZIPCode>34109</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>12000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="RetDoc3">
      <AccountingFees>
        <Category>ACCOUNTING AND TAX PREP SERVICES</Category>
        <Amount>6671</Amount>
        <NetInvestmentIncome>6671</NetInvestmentIncome>
      </AccountingFees>
    </AccountingFeesSchedule>
    <CompensationExplanation documentId="RetDoc4">
      <Compensation>
        <PersonName>LOUIS L HOLTZ</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>BETH B HOLTZ</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>LUANNE E ALTENBAUMER</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>LOUIS LSKIP HOLTZ</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>KEVIN R HOLTZ</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>ELIZABETH H MASSAGLIA</PersonName>
      </Compensation>
    </CompensationExplanation>
    <GainLossSaleOtherAssetsSch documentId="RetDoc5">
      <GainLossSaleOtherAsset>
        <Name>ECOLAB</Name>
        <DateAcquired>2009-04</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-04</DateSold>
        <GrossSalesPrice>33253</GrossSalesPrice>
        <Basis>24569</Basis>
        <TotalNet>8684</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>FPL GROUP</Name>
        <DateAcquired>2009-04</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-01</DateSold>
        <GrossSalesPrice>24015</GrossSalesPrice>
        <Basis>25110</Basis>
        <TotalNet>-1095</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>HALLIBURTON</Name>
        <DateAcquired>2010-04</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-10</DateSold>
        <GrossSalesPrice>61305</GrossSalesPrice>
        <Basis>62779</Basis>
        <TotalNet>-1474</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>INTEL</Name>
        <DateAcquired>2009-04</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-09</DateSold>
        <GrossSalesPrice>40111</GrossSalesPrice>
        <Basis>35020</Basis>
        <TotalNet>5091</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>INTEL</Name>
        <DateAcquired>2009-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-09</DateSold>
        <GrossSalesPrice>18718</GrossSalesPrice>
        <Basis>20363</Basis>
        <TotalNet>-1645</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>ISHARES RUSSELL 2000</Name>
        <DateAcquired>2009-03</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-08</DateSold>
        <GrossSalesPrice>106269</GrossSalesPrice>
        <Basis>59558</Basis>
        <TotalNet>46711</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>LINCOLN NATIONAL</Name>
        <DateAcquired>2009-08</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-09</DateSold>
        <GrossSalesPrice>47516</GrossSalesPrice>
        <Basis>43828</Basis>
        <TotalNet>3688</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>LINEAR TECH</Name>
        <DateAcquired>2009-11</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-04</DateSold>
        <GrossSalesPrice>38736</GrossSalesPrice>
        <Basis>33102</Basis>
        <TotalNet>5634</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>NUCOR</Name>
        <DateAcquired>2009-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-06</DateSold>
        <GrossSalesPrice>50615</GrossSalesPrice>
        <Basis>55621</Basis>
        <TotalNet>-5006</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>QUALCOMM</Name>
        <DateAcquired>2009-04</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-04</DateSold>
        <GrossSalesPrice>31853</GrossSalesPrice>
        <Basis>29842</Basis>
        <TotalNet>2011</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>QUEST DIAGNOSTICS</Name>
        <DateAcquired>2009-04</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-09</DateSold>
        <GrossSalesPrice>39953</GrossSalesPrice>
        <Basis>42011</Basis>
        <TotalNet>-2058</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>TEVA</Name>
        <DateAcquired>2009-04</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-10</DateSold>
        <GrossSalesPrice>32001</GrossSalesPrice>
        <Basis>28053</Basis>
        <TotalNet>3948</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>TRANSOCEAN</Name>
        <DateAcquired>2009-04</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-03</DateSold>
        <GrossSalesPrice>31922</GrossSalesPrice>
        <Basis>24280</Basis>
        <TotalNet>7642</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>ABIAX</Name>
        <DateAcquired>2009-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-08</DateSold>
        <GrossSalesPrice>9921</GrossSalesPrice>
        <Basis>10135</Basis>
        <TotalNet>-214</TotalNet>
      </GainLossSaleOtherAsset>
      <GainLossSaleOtherAsset>
        <Name>MAGELLAN MIDSTREAM LP</Name>
        <DateAcquired>2010-12</DateAcquired>
        <HowAcquired>PURCHASE</HowAcquired>
        <DateSold>2010-12</DateSold>
        <GrossSalesPrice>1112</GrossSalesPrice>
        <TotalNet>1112</TotalNet>
      </GainLossSaleOtherAsset>
    </GainLossSaleOtherAssetsSch>
    <InvestmentsCorpStockSchedule documentId="RetDoc6">
      <InvestmentsCorpStock>
        <NameOfStock>DETAILED SCHEDULES MAINTAINED</NameOfStock>
        <EOYBookValue>1991962</EOYBookValue>
        <EOYFMV>2579976</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc7">
      <InvestmentsOther>
        <CategoryOrItem>INVESTMENT IN STEPHENS (SMALLER ACCT</CategoryOrItem>
        <ListedAtCostOrFMV>AT COST</ListedAtCostOrFMV>
        <BookValue>200000</BookValue>
        <EOYFMV>211426</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc8">
      <OtherExpenses>
        <Description>EXPENSES</Description>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BANK CHARGES</Description>
        <RevenueAndExpensesPerBooks>20</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>20</NetInvestmentIncome>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc9">
      <OtherProfessionalFees>
        <Category>INVESTMENT ADVISORY FEES</Category>
        <Amount>15069</Amount>
        <NetInvestmentIncome>15069</NetInvestmentIncome>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc10">
      <Taxes>
        <Category>TAXES &amp; LICENSES</Category>
        <Amount>33</Amount>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>