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          <City>SCOTTSDALE</City>
          <State>AZ</State>
          <ZIPCode>85250</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>31900</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>BIG TLC FOUNDATION</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>10265 NORTH 6960 WEST</AddressLine1>
          <City>HIGHLAND</City>
          <State>UT</State>
          <ZIPCode>84003</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>25000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>BOY SCOUTS OF AMERICA</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>252 FOOTHILL BLVD</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84113</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>821790</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>CHOICE HUMANITARIAN</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>7879 SOUTH 1530 WEST SUITE 200</AddressLine1>
          <City>WEST JORDAN</City>
          <State>UT</State>
          <ZIPCode>84088</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>15000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>GAM FOUNDATION</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>4690 HOLLADAY BLVD</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84117</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>11000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>HUNTSMAN CANCER FOUNDATION</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>500 HUNTSMAN WAY</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84108</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>5300</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>KIDS INTERNATIONAL MINISTRIES</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>PO BOX 1369</AddressLine1>
          <City>LAWRENCE</City>
          <State>KS</State>
          <ZIPCode>66044</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>5300</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>LDS CHURCH</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>50 E NORTH TEMPLE</AddressLine1>
          <AddressLine2>15TH FLOOR ROOM 1521</AddressLine2>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84150</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>9029937</AmountOfCashGrant>
        <AmountOfNonCashAssistance>194000</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>LAND</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>LDS CHURCH</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>50 E NORTH TEMPLE</AddressLine1>
          <AddressLine2>15TH FLOOR ROOM 1521</AddressLine2>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84150</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfNonCashAssistance>539275</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>LAND</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>MORGAN EDUCATION FOUNDATION</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>240 E YOUNG STREET</AddressLine1>
          <City>MORGAN CITY</City>
          <State>UT</State>
          <ZIPCode>84050</ZIPCode>
        </AddressUS>
        <IRCSection>GOV</IRCSection>
        <AmountOfCashGrant>100000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>MOTHERS WITHOUT BORDERS</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>125 EAST MAIN STREET SUITE 402</AddressLine1>
          <City>AMERICAN FORK</City>
          <State>UT</State>
          <ZIPCode>84003</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>77000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>MOUNTAIN2MOUNTAIN</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>PO BOX 7399</AddressLine1>
          <City>BRECKENRIDGE</City>
          <State>CO</State>
          <ZIPCode>80424</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>10000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>OPERATION KIDS FOUNDATION</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>136 EAST SOUTH TEMPLE SUITE 100</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84111</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>75000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>PRIMARY CHILDREN'S MEDICAL CENTER</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>PO BOX 58249</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84158</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfNonCashAssistance>249936</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>33.33% LLC INT.</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>PRIMARY CHILDREN'S MEDICAL CENTER</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>PO BOX 58249</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84158</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfNonCashAssistance>99998</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>33.33% LLC INT.</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>THANKSGIVING POINT INSTITUTE</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>3003 NORTH THANKSGIVING WAY</AddressLine1>
          <City>LEHI</City>
          <State>UT</State>
          <ZIPCode>84043</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfNonCashAssistance>249861</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>33.33% LLC INT.</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>THANKSGIVING POINT INSTITUTE</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>3003 NORTH THANKSGIVING WAY</AddressLine1>
          <City>LEHI</City>
          <State>UT</State>
          <ZIPCode>84043</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfNonCashAssistance>99968</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>33.33% LLC INT.</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>THE COMMUNITY FOUNDATION OF UTAH</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>6550 MILLROCK DRIVE SUITE 125</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84121</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>235889</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>TIFIE HUMANITARIAN</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>14864 PONY EXPRESS ROAD</AddressLine1>
          <City>BLUFFDALE</City>
          <State>UT</State>
          <ZIPCode>84065</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>1800000</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>UTAH FAST PASS</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>801 NORTH 500 WEST 300</AddressLine1>
          <City>WEST BOUNTIFUL</City>
          <State>UT</State>
          <ZIPCode>84087</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfCashGrant>9575</AmountOfCashGrant>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>DIXIE COLLEGE FOUNDATION</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>225 SOUTH 700 EAST</AddressLine1>
          <City>ST GEORGE</City>
          <State>UT</State>
          <ZIPCode>84770</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfNonCashAssistance>249937</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>33.34% LLC INT.</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>UNIVERSITY OF UTAH CRIMSON CLUB</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>1825 EAST SOUTH CAMPUS DRIVE</AddressLine1>
          <City>SALT LAKE CITY</City>
          <State>UT</State>
          <ZIPCode>84112</ZIPCode>
        </AddressUS>
        <IRCSection>501</IRCSection>
        <AmountOfNonCashAssistance>99968</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>33.33% LLC INT.</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>SUPPORT CHARITY ORG</PurposeOfGrant>
      </RecipientTable>
    </IRS990ScheduleI>
    <IRS990ScheduleL documentId="RetDoc6">
      <LoanTable>
        <NameBusiness>
          <BusinessNameLine1>THREE FORKS LLC</BusinessNameLine1>
        </NameBusiness>
        <LoanFromOrganization>X</LoanFromOrganization>
        <OriginalPrincipalAmount>2336330</OriginalPrincipalAmount>
        <BalanceDue>2086982</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>true</WrittenAgreement>
      </LoanTable>
      <LoanTable>
        <NamePerson>R SCOTT ADAMS</NamePerson>
        <LoanFromOrganization>X</LoanFromOrganization>
        <OriginalPrincipalAmount>500000</OriginalPrincipalAmount>
        <BalanceDue>478708</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>true</WrittenAgreement>
      </LoanTable>
      <TotalBalanceDue>2565690</TotalBalanceDue>
    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="RetDoc7">
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>30</NumberOfContributions>
        <NoncashContribsRptdF990>11226228</NoncashContribsRptdF990>
      </SecuritiesPubliclyTraded>
      <SecuritiesCloselyHeldStock>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>11</NumberOfContributions>
        <NoncashContribsRptdF990>3274506</NoncashContribsRptdF990>
      </SecuritiesCloselyHeldStock>
      <SecuritiesPrtnrshpTrustIntrsts>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>1</NumberOfContributions>
        <NoncashContribsRptdF990>49081</NoncashContribsRptdF990>
      </SecuritiesPrtnrshpTrustIntrsts>
      <RealEstateOther>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>2</NumberOfContributions>
        <NoncashContribsRptdF990>943000</NoncashContribsRptdF990>
      </RealEstateOther>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>6</NumberOfContributions>
        <NoncashContribsRptdF990>433741</NoncashContribsRptdF990>
      </OtherNonCashContributionsTable>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>false</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc8">
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>THE PI FOUNDATION'S MISSION IS TO SUPPORT, ENCOURAGE, AND FOSTER CHARITABLE GIVING. THE FOUNDATION DOES THIS THROUGH EDUCATION, RESOURCES, AND DONOR ADVISED FUNDS. THE FOUNDATION FINANCIALLY SUPPORTS A WIDE RANGE OF LOCAL AND NATIONAL ORGANIZATIONS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>RELATED PARTY INFORMATION AMONG OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 2</ReturnReference>
        <Explanation>L.S. MCCULLOUGH, JR. SCOTT M. MCCULLOUGH TRUSTEE TRUSTEE FATHER/SON</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>NO REVIEW WAS OR WILL BE CONDUCTED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ENFORCEMENT OF CONFLICTS POLICY</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>EVERY INTERESTED PARTY WHO MIGHT HAVE A CONFLICT OF INTEREST IS REQUIRED TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. ONCE THSE MATERIAL FACTS ARE DISCLOSED, THE INTERESTED PARTY MUST LEAVE THE MEETING WHILE THE GOVERNING BOARD OR COMITTEE MEETING DISCUSS AND VOTE ON WHETHER A CONFLICT OF INTEREST EXISTS. IF AN INTERESTED PARTY FAILS TO DISCLOSE THAT THERE MIGHT POSSIBLY BE A CONFLICT OF INTEREST, HE/SHE IS ALLOWED TO EXPLAIN WHY THEY FAILED TO DISCLOSE. ONCE HE/SHE EXPLAINS THEIR FAILURE TO DISCLOSE A POSSIBLE CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE THEN DETERMINES IF THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST. IT SHALL THEN TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>NO DOCUMENTS AVAILABLE TO THE PUBLIC</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>