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      </Form990PartVIISectionA>
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        <NamePerson>Phillip Roper</NamePerson>
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        <NamePerson>Andi Solaiman</NamePerson>
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      </Form990PartVIISectionA>
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        <NamePerson>Jack Shewmaker</NamePerson>
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        <NamePerson>John Jack Stack</NamePerson>
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        <NamePerson>Thomas Stout</NamePerson>
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        <NamePerson>George Thompson</NamePerson>
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        <NamePerson>William Vaughan</NamePerson>
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        <NamePerson>Thomas Warren</NamePerson>
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        <NamePerson>Carol Williamson</NamePerson>
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        <NamePerson>Rosalie Wooten</NamePerson>
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        <NamePerson>Charles Taylor</NamePerson>
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        <NamePerson>Peter Radecki</NamePerson>
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        <NamePerson>Tijuana Julian</NamePerson>
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        <OtherCompensation>11099</OtherCompensation>
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        <NamePerson>Krystal Compas</NamePerson>
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        <NamePerson>Edsel Matthews</NamePerson>
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        <NamePerson>Kenneth Johnson</NamePerson>
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        <NamePerson>Sidney Scorse III</NamePerson>
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        <NamePerson>Rabindra Roy</NamePerson>
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        <NamePerson>Penny Clayton</NamePerson>
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        <NamePerson>Joye Norris</NamePerson>
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        <NamePerson>William Rohlf Jr</NamePerson>
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        <NamePerson>Parris Watts</NamePerson>
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        <NamePerson>Paul Carney</NamePerson>
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          <NameBusiness>
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        <ManagementAndGeneral>1694052</ManagementAndGeneral>
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        <ProgramServices>890979</ProgramServices>
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        <EOY>11013157</EOY>
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        <EOY>5121727</EOY>
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        <EOY>10619731</EOY>
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        <EOY>3122883</EOY>
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        <EOY>2815999</EOY>
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        <EOY>306833</EOY>
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        <EOY>1440058</EOY>
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        <BOY>74445505</BOY>
        <EOY>82272012</EOY>
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        <EOY>31244888</EOY>
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        <EOY>14913137</EOY>
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        <EOY>6052773</EOY>
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      <OtherAssetsTotal>
        <BOY>36</BOY>
        <EOY>0</EOY>
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      <OtherLiabilities>
        <Description>Funds Held for Others</Description>
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      <OtherLiabilities>
        <Description>Loan Fund Balance</Description>
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      <RevenueNotRptdOnFinStmt>17024610</RevenueNotRptdOnFinStmt>
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      <ExpensesNotRptdF990>0</ExpensesNotRptdF990>
      <ExpensesSubtotal>56136550</ExpensesSubtotal>
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      <Form990ScheduleDPartXIV>
        <Explanation>Schedule D, Page 4, Part XI line 8 Other adjustments - Loss in Value of Interest Rate Swap Agreement and other adjustments.</Explanation>
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      <Form990ScheduleDPartXIV>
        <Explanation>Schedule D, Page 4, Part XII, line 2d Expenses in revenue section and other.</Explanation>
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      <Form990ScheduleDPartXIV>
        <Explanation>Schedul D, Page 4, Part XII line 4b Expenses in revenue section and other.</Explanation>
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      <Form990ScheduleDPartXIV>
        <Explanation>Schedule D, Page 4, Part XIII line 2d Expenses in revenue section and other.</Explanation>
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      <Form990ScheduleDPartXIV>
        <Explanation>Schedule D, Page 4, Part XIII, line 4b Expenses in revenue section and other.</Explanation>
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    <IRS990ScheduleE documentId="RetDoc1040400001">
      <NondiscriminatoryPolicyStmt>1</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>1</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>1</PolicyPublViaBroadcastMedia>
      <PubViaBroadcastMediaExpln>Our policy is included by our communications department on all print and electronic media</PubViaBroadcastMediaExpln>
      <MaintRacialCompositionRecords>1</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>1</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>1</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>1</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>0</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>0</DiscriminateRaceAdmissPolicies>
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      <DiscriminateRaceEducPolicies>0</DiscriminateRaceEducPolicies>
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      <DiscriminateRaceAthleticProg>0</DiscriminateRaceAthleticProg>
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      <GovernmentFinancialAidRevoked>0</GovernmentFinancialAidRevoked>
      <GovtFinancialAidExplanation>US Department of Education awards</GovtFinancialAidExplanation>
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    <IRS990ScheduleF documentId="RetDoc1040500001">
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        <Region>Europe (Including Iceland &amp; Greenland)</Region>
        <NumberOfOffices>1</NumberOfOffices>
        <NumberOfEmployees>3</NumberOfEmployees>
        <TypeOfActivitiesConducted>Program Services</TypeOfActivitiesConducted>
        <SpecificServicesProvided>Education</SpecificServicesProvided>
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    <IRS990ScheduleG documentId="RetDoc1041300001">
      <EventsInformation>
        <NameOfEvent1>O'Reilly Family Event Center</NameOfEvent1>
        <GrossReceiptsEvent1>1697101</GrossReceiptsEvent1>
        <GrossRevenueEvent1>1697101</GrossRevenueEvent1>
        <NameOfEvent2>Endowment</NameOfEvent2>
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        <GrossReceiptsOtherEvents>4250976</GrossReceiptsOtherEvents>
        <GrossRevenueOtherEvents>4250976</GrossRevenueOtherEvents>
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    <IRS990ScheduleI documentId="RetDoc1041900001">
      <RecordsMaintained>1</RecordsMaintained>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>Scholarships for students attending Drury University</TypeOfGrant>
        <NumberOfRecipients>1414</NumberOfRecipients>
        <AmountOfCashGrant>15540989</AmountOfCashGrant>
        <MethodOfValuation>Value of Tuition</MethodOfValuation>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>Procedure for Monitoring Grants in the U.S.:</Identifier>
        <ReturnReference>Part I, Line 2:</ReturnReference>
        <Explanation>Schedule I, Part I, Line 2: We award scholarships based on merit.</Explanation>
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      <CompensationSurvey>X</CompensationSurvey>
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      <Form990ScheduleJPartII>
        <NameBusiness>
          <BusinessNameLine1>Ben Parnell III</BusinessNameLine1>
        </NameBusiness>
        <BaseCompensationFilingOrg>235162</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>325</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>14129</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>14129</DeferredCompFilingOrg>
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        <NontaxableBenefitsFilingOrg>4620</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>0</NontaxableBenefitsRelatedOrgs>
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        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>0</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
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      <Form990ScheduleJPartII>
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          <BusinessNameLine1>Charles Taylor</BusinessNameLine1>
        </NameBusiness>
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        <BonusFilingOrg>325</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
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    <IRS990ScheduleK documentId="RetDoc1053100001">
      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>Health &amp; Educational Facilities Authority of the State of Missouri</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>431178966</IssuerEIN>
        <CUSIPNumber>606901M37</CUSIPNumber>
        <DateIssued>2003-01-09</DateIssued>
        <IssuePrice>5600000</IssuePrice>
        <DescriptionOfPurpose>Campus building Project</DescriptionOfPurpose>
        <Defeased>0</Defeased>
        <OnBehalfOfIssuer>0</OnBehalfOfIssuer>
      </Form990ScheduleKPartI>
    </IRS990ScheduleK>
    <IRS990ScheduleL documentId="RetDoc1042800001">
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>George Thompson</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>Family Member</Relationship>
        <AmountOfTransaction>42000</AmountOfTransaction>
        <DescriptionOfTransaction>Employment</DescriptionOfTransaction>
        <SharingOfRevenues>0</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>Tom Warren</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>Family Member</Relationship>
        <AmountOfTransaction>29000</AmountOfTransaction>
        <DescriptionOfTransaction>Employment</DescriptionOfTransaction>
        <SharingOfRevenues>0</SharingOfRevenues>
      </Form990ScheduleLPartIV>
    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="RetDoc1042900001">
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>18</NumberOfContributions>
        <NoncashContribsRptdF990>1656305</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>Selling price</MethodOfDeterminingRevenues>
      </SecuritiesPubliclyTraded>
      <AnyPropertyThatMustBeHeld>0</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>0</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>0</ThirdPartiesUsed>
      <Form990ScheduleMPartII>
        <Identifier>Method for Determining Number of Contributors:</Identifier>
        <ReturnReference>Part I, Column (b):</ReturnReference>
        <Explanation>The number of contributors is based on the number of individuals who gave stock gifts.</Explanation>
      </Form990ScheduleMPartII>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 11</Identifier>
        <Explanation>Prior to filing the form 990 with IRS, a copy of the entire return is uploaded to the Drury University Board of Trustees website for their review and comments.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 12c</Identifier>
        <Explanation>The conflict of interest policy is completed annually and reviewed.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 15</Identifier>
        <Explanation>The Chairman of the Board compares the President's compensation through various industry resources, then the President's compensation is reviewed, discussed, deliberated and approved by the Board of Trustees. The President works with the human resources department to compare the officers compensation with various industry resources and reviews along with performance appraisals for appropriate action.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section C, line 19</Identifier>
        <Explanation>All governing documents, conflict of interest policy and financial statements are available upon request by the public.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part XI, Line 2c</Identifier>
        <ReturnReference>Audit committee</ReturnReference>
        <Explanation>No change in process.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990, Part VI, Line 11 Copy of 990 to governing body Prior to filing form 990 with IRS, the entire 990 is uploaded to Drury University Board of Trustees website for their review and comments.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>