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      <PayrollTaxes>
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        <ManagementAndGeneral>25268</ManagementAndGeneral>
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      <FeesForServicesManagement>
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      <FeesForServicesLegal>
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      <FeesForServicesLobbying>
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      <FeesForServicesProfFundraising></FeesForServicesProfFundraising>
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      <Advertising>
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      <OfficeExpenses>
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        <Fundraising>25254</Fundraising>
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      <InformationTechnology>
        <Total>0</Total>
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      <Royalties>
        <Total>0</Total>
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      <Occupancy>
        <Total>0</Total>
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      <Travel>
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      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
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      <ConferencesMeetings>
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      <Interest>
        <Total>0</Total>
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      <PaymentsToAffiliates>
        <Total>0</Total>
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      <DepreciationDepletion>
        <Total>0</Total>
      </DepreciationDepletion>
      <Insurance>
        <Total>0</Total>
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        <Description>ALUMNI ASSOCIATION</Description>
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        <ProgramServices>70358</ProgramServices>
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      <OtherExpenses>
        <Description>OTHER STUDENT PROGRAMS</Description>
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        <ProgramServices>1038705</ProgramServices>
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      <OtherExpenses>
        <Description>MAD FOR PLAID</Description>
        <Total>786591</Total>
        <ProgramServices>786591</ProgramServices>
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      <OtherExpenses>
        <Description>SCOT DOLLARS</Description>
        <Total>63808</Total>
        <ProgramServices>63808</ProgramServices>
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      <OtherExpenses>
        <Description>PUBLIC RELATIONS</Description>
        <Total>64392</Total>
        <Fundraising>64392</Fundraising>
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      <AllOtherExpenses>
        <Total>7000</Total>
        <ProgramServices>7000</ProgramServices>
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      <TotalFunctionalExpenses>
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        <ProgramServices>2134337</ProgramServices>
        <ManagementAndGeneral>362954</ManagementAndGeneral>
        <Fundraising>332995</Fundraising>
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      <CashNonInterestBearing>
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        <EOY>250</EOY>
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      <SavingsAndTempCashInvestments>
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      <AccountsReceivable>
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      <TotalLiabNetAssetsFundBalances>
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      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
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      <GrossInvestmentIncome170>
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        <CurrentTaxYearMinus1Year>186849</CurrentTaxYearMinus1Year>
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        <Total>872023</Total>
      </GrossInvestmentIncome170>
      <TotalSupport>19937563</TotalSupport>
      <GrossReceiptsFromAdmissionsEtc>525</GrossReceiptsFromAdmissionsEtc>
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      <InvestmentIncomePercentage>0.00000</InvestmentIncomePercentage>
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          <State>RESTRICTED</State>
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        <AggregateContributions>RESTRICTED</AggregateContributions>
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        <Contributions>253829</Contributions>
        <OtherExpenditures>141917</OtherExpenditures>
        <EndOfYearBalance>6639191</EndOfYearBalance>
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      <PermanentEndowmentEOYBalance>1.00000</PermanentEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>false</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <AreRelatedOrgsListedScheduleR>false</AreRelatedOrgsListedScheduleR>
      <OtherLiabilities>
        <Description>CLASS FUNDS</Description>
        <Amount>164086</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>164086</TotalOfAmounts>
      <TotalRevenue>2805101</TotalRevenue>
      <TotalExpenses>2830286</TotalExpenses>
      <ExcessOrDeficitForYear>-25185</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>244657</NetUnrealizedGLOnInvestments>
      <TotalAdjustments>244657</TotalAdjustments>
      <ExcessOrDeficitPerFS>219472</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>3013736</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>244657</NetUnrealizedGainsInvestments>
      <RevenueNotRptdF990>244657</RevenueNotRptdF990>
      <RevenueSubtotal>2769079</RevenueSubtotal>
      <InvestmentExpensesNotIncluded>36022</InvestmentExpensesNotIncluded>
      <RevenueNotRptdOnFinStmt>36022</RevenueNotRptdOnFinStmt>
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        <ReturnReference>2</ReturnReference>
        <Explanation>THE FOUNDATION FILES AN ANNUAL INFORMATION RETURN. WITH SOME EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2006.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>X</Identifier>
        <ReturnReference>2</ReturnReference>
        <Explanation>THE FOUNDATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THERE WERE NO UNRECOGNIZED TAX BENEFITS AS OF AUGUST 31, 2010 AND 2009.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>X</Identifier>
        <ReturnReference>2</ReturnReference>
        <Explanation>THE FOUNDATION RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN ADMINISTRATIVE EXPENSE. THERE WERE NO SUCH INTEREST AND PENALTIES FOR THE YEARS ENDED AUGUST 31, 2010 AND 2009.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>V</Identifier>
        <ReturnReference>4</ReturnReference>
        <Explanation>THE OBJECTIVE OF WHICH IS TO PRESERVE AND ENHANCE THE PURCHASING POWER OF ASSETS HELD FOR THE BENEFIT OF THE FOUNDATION WHILE PROVIDING A STREAM OF INCOME TO PROVIDE NECESSARY FINANCIAL SUPPORT FOR THOSE COMPANIES AS NEEDED.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
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      <RecordsMaintained>true</RecordsMaintained>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>SCHOLARSHIPS</TypeOfGrant>
        <NumberOfRecipients>89</NumberOfRecipients>
        <AmountOfCashGrant>167875</AmountOfCashGrant>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>I</Identifier>
        <ReturnReference>2</ReturnReference>
        <Explanation>THE FOUNDATION AWARDS SCHOLARSHIPS TO QUALIFIED CANDIDATES SELECTED AND APPROVED BY THE BOARD OF DIRECTORS</Explanation>
      </Form990ScheduleIPartIV>
      <Form990ScheduleIPartIV>
        <Identifier>I</Identifier>
        <ReturnReference>2</ReturnReference>
        <Explanation>THESE COMMITMENTS HAVE BEEN RECORDED BY THE FOUNDATION AS LIABILITIES</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
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      <GeneralExplanation>
        <Identifier>Form 990 VI</Identifier>
        <ReturnReference>11</ReturnReference>
        <Explanation>A COPY OF THE 990 IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS BEFORE IT IS FILED. EACH MEMBER OF THE COMMITTEE RECEIVES THE FORM IN ADVANCE OF A MEETING SO THEY ARE ABLE TO DISCUSS IT IN DETAIL.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 VI</Identifier>
        <ReturnReference>12C</ReturnReference>
        <Explanation>THE ORGANIZATION DOES NOT NORMALLY ENTER INTO CONTRACTS WITH ENTITIES OUTSIDE OF THE SCHOOL DISTRICT. PART OF THE CONFLICT OF INTEREST POLICY REQUIRES EACH BOARD MEMBER TO DISCLOSE ANY POTENTIAL CONFLICTS ANNUALLY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 VI</Identifier>
        <ReturnReference>15</ReturnReference>
        <Explanation>THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE EXECUTIVE DIRECTOR EACH SUMMER PRIOR TO THE DEVELOPMENT OF THE OVERALL BUDGET FOR THE EDUCATION FOUNDATION. COMPENSATION IS BASED UPON RESULTS OF FUND-RAISING AND ALUMNI ACTIVITIES. ANY CHANGES ARE WITH RANGES OF CHANGE RAISES OR BONUSES OFFERED IN THE PRIVATE SECTOR.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990 VI</Identifier>
        <ReturnReference>19</ReturnReference>
        <Explanation>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT AVAILABLE UPON REQUEST. THERE IS A STATEMETN ON THE ORGANIZATIONS WEBSITE STATING THE PROCEDURE FOR REQUESTING THIS INFORMATION.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>