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            <AddressLine1>825 ST JOSEPH</AddressLine1>
            <City>RAPID CITY</City>
            <State>SD</State>
            <ZIPCode>57701</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>1000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MARIN COMMUNITY FOUNDATIO</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5 HAMILTON LANDING</AddressLine1>
            <City>NOVATO</City>
            <State>CA</State>
            <ZIPCode>94901</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>PACIFIC PRIMARY SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1500 GROVE ST</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94117</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>3200</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SAN FRANCISCO WALDORF SCH</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>293 WASHINGTON ST</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94115</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>32000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SOUTH DAKOTA SM&amp;T</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>501 EAST ST JOSEPH ST</AddressLine1>
            <City>RAPID CITY</City>
            <State>SD</State>
            <ZIPCode>57701</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>96500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UNITED WAY OF THE BLACK H</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>621 6TH ST SUITE300</AddressLine1>
            <City>RAPID CITY</City>
            <State>SD</State>
            <ZIPCode>57701</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>IDEA WILD</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>420 RIDDLE DR</AddressLine1>
            <City>FORT COLLINS</City>
            <State>CO</State>
            <ZIPCode>80521</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>50000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SD PARKS&amp;WILDLIFE FOUNDAT</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>523 E CAPITOL AVE</AddressLine1>
            <City>PIERRE</City>
            <State>SD</State>
            <ZIPCode>57501</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>30000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LEE FOUNDATION</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>201 N HARRISON ST STE600</AddressLine1>
            <City>DAVENPORT</City>
            <State>IA</State>
            <ZIPCode>52810</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>BOLINAS MUSEUM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>48 WHARF RD</AddressLine1>
            <City>BOLINAS</City>
            <State>CA</State>
            <ZIPCode>94924</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>SOUTHERN INDIANA YMCA</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>300 STATE RD 129S</AddressLine1>
            <City>BATEVILLE</City>
            <State>IN</State>
            <ZIPCode>47006</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>10000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>EARTH ISLAND INSTITUTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 170088</AddressLine1>
            <City>SAN FRANCISCO</City>
            <State>CA</State>
            <ZIPCode>94117</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>3000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>CULVER EDUCATIONAL FOUND</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1300 ACADEMY RD 153</AddressLine1>
            <City>CULVER</City>
            <State>IN</State>
            <ZIPCode>46511</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE</PurposeOfGrantOrContribution>
          <Amount>2500</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>WILDLIFE EXPERIENCES INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>P O BOX 9663</AddressLine1>
            <City>RAPID CITY</City>
            <State>SD</State>
            <ZIPCode>57709</ZIPCode>
          </RecipientUSAddress>
          <RecipientFoundationStatus>PUBLIC</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>CHARITABLE REFUND</PurposeOfGrantOrContribution>
          <Amount>-200000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>3321700</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <IntOnSavingsAndTempCashInvst>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>29998</ExclusionAmount>
        </IntOnSavingsAndTempCashInvst>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>454420</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>-751863</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <ExclusionAmount>-267445</ExclusionAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>-267445</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>true</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>
        <TransferSchedule>
          <LineNumber>1a(1)</LineNumber>
          <AmountInvolved>2600000</AmountInvolved>
          <NameOfNoncharitableEO>
            <BusinessNameLine1>ECONOMIC DEVELOPMENT</BusinessNameLine1>
            <BusinessNameLine2>CORPORATION</BusinessNameLine2>
          </NameOfNoncharitableEO>
          <DescriptionOfTransfersEtc>CITY-GRANT MADE 07-22-10 AMOUNT EXPENDED BY 12-31-10 WAS 278,907 GRANTEE REPORTS MONTHLY THE BALANCE OF PRIOR YEAR GRANT OF 31757 WAS EXPENDED IN 2010</DescriptionOfTransfersEtc>
        </TransferSchedule>
        <RelationshipsNoncharitableEOs>true</RelationshipsNoncharitableEOs>
        <RelationshipSchedule>
          <NameOfOrganization>
            <BusinessNameLine1>CORPORATION</BusinessNameLine1>
          </NameOfOrganization>
          <TypeOfOrganization>501(C)(6)</TypeOfOrganization>
          <DescriptionOfRelationship>COMMON BOARD MEMBER</DescriptionOfRelationship>
        </RelationshipSchedule>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <IRS990ScheduleB documentId="RetDoc1">
      <Organization501c3ExemptPF>X</Organization501c3ExemptPF>
      <GeneralRule>X</GeneralRule>
      <ContributorInfo>
        <ContributorNumber>1</ContributorNumber>
        <ContributorNameIndividual>MARGARET LALLY</ContributorNameIndividual>
        <ContributorAddressUS>
          <AddressLine1>6750 NAMELESS CAVE ROAD</AddressLine1>
          <City>RAPID CITY</City>
          <State>SD</State>
          <ZIPCode>57702</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>700000</AggregateContributions>
        <PersonContributionType>X</PersonContributionType>
      </ContributorInfo>
    </IRS990ScheduleB>
    <CompensationExplanation documentId="RetDoc3">
      <Compensation>
        <PersonName>RAY HILLENBRAND</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>MARGARET HILLENBRAND</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>HEIDI HILLENBRAND</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>GRETCHEN HILLENBRAND</PersonName>
      </Compensation>
    </CompensationExplanation>
    <InvestmentsCorpBondsSchedule documentId="RetDoc4">
      <InvestmentsCorpBonds>
        <NameOfBond>BONDS-J P MORGAN INVESTMENT MGMT</NameOfBond>
        <EOYBookValue>4047410</EOYBookValue>
        <EOYFMV>4170395</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc5">
      <InvestmentsCorpStock>
        <NameOfStock>EQUITIES-J P MORGAN INVESTMENT MGMT</NameOfStock>
        <EOYBookValue>20928354</EOYBookValue>
        <EOYFMV>23872116</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc6">
      <InvestmentsOther>
        <CategoryOrItem>NOTE RECEIVABLE</CategoryOrItem>
        <BookValue>1500000</BookValue>
        <EOYFMV>1500000</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <OtherAssetsSchedule documentId="RetDoc7">
      <OtherAssets>
        <Description>PREPAID EXCISE TAX</Description>
        <BOYBookValue>6943</BOYBookValue>
        <EOYBookValue>2760</EOYBookValue>
        <EOYFMV>2760</EOYFMV>
      </OtherAssets>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="RetDoc8">
      <OtherExpenses>
        <Description>EXPENSES</Description>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INVESTMENT MANAGEMENT FEES</Description>
        <RevenueAndExpensesPerBooks>44898</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>44898</NetInvestmentIncome>
      </OtherExpenses>
      <OtherExpenses>
        <Description>DUES SUBSCRIPTIONS</Description>
        <RevenueAndExpensesPerBooks>705</RevenueAndExpensesPerBooks>
        <DisbursementsCharitablePrps>705</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>INSURANCE</Description>
        <RevenueAndExpensesPerBooks>2200</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>1100</NetInvestmentIncome>
        <DisbursementsCharitablePrps>1100</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherIncreasesSchedule documentId="RetDoc9">
      <OtherIncreases>
        <Description>TAX REFUND</Description>
        <Amount>8188</Amount>
      </OtherIncreases>
    </OtherIncreasesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc10">
      <OtherProfessionalFees>
        <Category>PROFESSIONAL FEES</Category>
        <Amount>6148</Amount>
        <NetInvestmentIncome>3074</NetInvestmentIncome>
        <DisbursementsCharitablePrps>3074</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc11">
      <Taxes>
        <Category>EXCISE</Category>
        <Amount>4183</Amount>
      </Taxes>
      <Taxes>
        <Category>FOREIGN TAXES</Category>
        <Amount>2619</Amount>
        <NetInvestmentIncome>2619</NetInvestmentIncome>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>